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Sports CarMarket Luck Be a Lady Will the Viper Ever Be Collectible? 168 Cars Rated Inside Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends '63 Dual-Ghia Makes $275k XK 150S—Comfort and Style at $154k What If Your Shelby's Just a Mustang with a Transplanted VIN? That's Africa, Baby— Escort Rallies to $182k July 2008 www.sportscarmarket.com

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 50 Sinatra's choice 38 The handsome family Ferrari July 2008 .Volume 20 . Number 7 44 Aurelia 46 Mercedes 300S IN-DEPTH PROFILES What You Need To Know FERRARI 38 1967 Ferrari 330 GT 2+2 Series II The best of the vintage four-seaters. Steve Ahlgrim ENGLISH 42 1959 Jaguar XK 150S Roadster A cat with creature comforts. Carl Bomstead ETCETERINI 44 1958 Lancia Aurelia B20GT The first Gran Turismo, and still one of the best. Donald Osborne GERMAN 46 1955 Mercedes-Benz 300S Coupe M-B's lamb dressed as mutton, but built to last. John Olson AMERICAN 50 1963 Dual-Ghia L6.4 Coupe A car for the Kings of The Strip. B. Mitchell Carlson RACE 54 1972 Ford Escort RS1600 Rally Rally round the (rebuilt) flag. Thor Thorson GLOBAL AUCTION COVERAGE 168 Cars Examined and Rated at Seven Sales RUSSO AND STEELE 58 Hollywood, FL: Russo's first Florida sale at the Seminole Hard Rock totals $5.2m. Phil Skinner RM AUCTIONS 70 Dallas, TX:Wayne Davis's no-reserve collection brings $8m in the Lone Star State. Dan Grunwald H&H AUCTIONS 84 Gloucestershire, U.K.:Mussolini's Alfa at $1m leads a surprisingly slow sale. Paul Hardiman RM AUCTIONS 92 Toronto, CAN: Entry-level consignments and rare Canadian classics bring $4m. Norm Mort BONHAMS & GOODMAN AND SHANNONS 102 Melbourne, AUS: Two sales, same results. Australian and American muscle prices cool. John Clucas EBAY MOTORS 112 Sporty tintops for every budget. Geoff Archer Cover photograph: RM Auctions

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36 Copperstate: Dry air and vintage metal 52 600 hp. Does anybody care? 34 Vintage racing in Oz COLUMNS 10 Shifting Gears Snakes in the (blue) grass Keith Martin 28 Affordable Classic Mazda's magic RX-7 Rob Sass 30 Legal Files A tale of swapped Shelby VIN tags John Draneas 40 Sheehan Speaks The agony of chasing Ferrari parts Michael Sheehan 48 Porsche Gespräch Porsche prices are in the details Jim Schrager 52 Domestic Affairs Vipers, an American collectible Colin Comer 116 Motobilia Signs that the sky is not falling Carl Bomstead 118 Bike Buys Lengendary bikes at Legend of the Motorcycle Paul Duchene 130 eWatch 20% premium tests tire collectors Carl Bomstead FEATURES 34 Phillip Island: Eccentric with regularity, down under 36 Copperstate: A thousand miles across the desert DEPARTMENTS 12 Crossing the Block / Auction Calendar 16 The Inside Line 18 Contributors 20 You Write, We Read 22 Display Advertisers Index 24 Neat Stuff 26 In Miniature: Ford GT40 Mk I, Ferrari 250 GTL Lusso, 1932 Chrysler Imperial Speedster 29 20 Year Picture 68 Our Cars: 1968 Triumph Spitfire Mk III, 1995 Porsche 911 Carrera 2 Coupe 80 Alfa Bits 98,100 Glovebox Notes: 2008 Porsche Cayenne Tiptronic, 2008 Honda Accord EXL V6, 2008 Acura MDX Sport Ent., 2008 Suzuki XL7 Limited 4WD 113 FreshMeat: 2005 Porsche Carrera GT, 2008 Porsche 911 Turbo Cabriolet, 2007 Porsche 911 GT3 RS 114 Book Reviews: Buyer's guides, Ferrari by model, and car art 120 Mystery Photo 121 Comments with Your Renewal 122 Showcase Gallery 126 Resource Directory

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Shifting Gears Keith Martin Cobras, Cobras Everywhere “My brother and I just wanted to have a car that would always be the fastest at a stoplight drag race, and it has been” Wind-buffeting aside, this is a car that gobbles up the miles as fast as you can stand. On back roads, the skinny tires of the era combine with the relatively primitive suspension to offer great thrills at low speeds, one of the special pleasures of vintage cars. If you're going to sacrifice your hearing… The Cobras we drove—four 289s and two 427s—all had spacious cockpits, and even the 427s weren't pouring heat onto the driver the way, say, a Healey 100 or 3000 would. We spent the most time in CSX 3005, a 427 that Bill and Bud Jones bought for $7,500 The snakepit D riving a 427 Cobra with sidepipes and an open exhaust is a ticket to be the badboy you always dreamed of being in high school. Within seconds of turning the key, you're revving the en- gine every chance you get, especially in underpasses and tunnels, and generally hoping that cows will stop giving milk because of your roaring drive by. Bill and Bud Jones provided the opportunity for Wendie and me to drive their 427, CSX 3005, as part of an informal gathering put together by friend of SCM and The Cobra in the Barn author, Tom Cotter. As important as the driving experience was, speaking with the owners—long-term and behind-the-wheel enthusiasts—was even more moving. There were 13 Cobras in the group—both 289 and 427 variants—with two Shelby GT350s being driven by owners whose Cobras had “failed to proceed.” The twoday route led through the Shenandoah and Blue Ridge Mountains of Virginia, and the Allegheny Mountains of West Virginia. Values have skyrocketed It's no secret the values of Cobras have skyrocketed, and that it will take north of $600,000 to put a no-stories car in your garage today. That's a doubling of prices in the past three years. And yet, there were no garage queens in this group. All bore the typical and endearing signs of road use, including rock chips in the paint, well-used engine bays and weathered leather seats. What all the owners had in common was their deep affection for the motoring experience offered by these cars. Part of the Cobra's popularity lies in the fact that they can be driven, with relative reliability (and somewhat less comfort), for great distances. After all, in the end these are just Ford drivetrains, with carburetors that can be rebuilt by any shop, and points and plugs that you could buy at Wal-Mart. Contrast that with finding a shop that can get your Ferrari 400 Superamerica to idle smoothly. Or the overdrive on your 250 GTE to function properly—again. So point one in favor of the Cobra is its mechanical robustness. Point two is its suitability for American roads. On the interstate, should you choose to abuse yourself by driving your Cobra on one, 80 mph is just an easy lope. 10 in the early '70s. “The bank made us a three-year loan with a balloon payment at the end,” recalled Bill. “My brother and I just wanted to have a car that would always be the fastest at a stoplight drag race, and it has been.” The car still wears its original paint, and is in essentially the same configuration it was when they bought it. With all the stories I've heard about the brutish nature of Cobras over the years, I was prepared for an energy-draining pounding. But what I got was nearly the opposite. Yes, the car was loud. But if you're going to sacrifice your hearing, what better way to do it than in an open-sidepipe 427? As you can imagine, the acceleration in any gear was effortless, and the ultimate ve- locity limited only by your courage or foolhardiness. The dash layout was logical, and the lack of a gas gauge made checking the fuel level with a wooden dipstick entertaining. The 289 Cobras were lithesome by comparison. They were better balanced and more nimble, but remember, fast sporty driving à la Alfa Giulietta isn't really what these cars were ever about. Yes, they could and did beat European sports cars on the track, but those were cars prepped to within an inch of their mechanical lives and driven by men who clearly had no fear. In short, a Cobra not driven in anger is really just a powerful but non-poisonous snake. From living room to museum I do believe that this tour, and the ones like it in the next decade, will mark the end of an era of this type of owner/collector. With these cars worth from $600,000 to $1 million, the new owners will likely be wealthier collectors who use their cars differently. Just as Van Gogh and Matisse paintings once hung in the living rooms of private owners and have now moved on to museums, Cobras will migrate from original/enthusiast owners to wealthier, but perhaps no less enthusiastic, collectors. But there will be a difference in the way the cars are used, and how they are perceived by their owners. Due to the inevitability of the passing of years, soon enough there will be no Cobra owners who bought their cars 30 years ago and still have them today. Which is what made being around these owners so important. And which leads to my conclusion. If you own a car that has become immensely Cobra Tour Participants Bill & Bud Jones, CSX 3005 Jim Maxwell & Kevin Keating, CSX 2410 Tom & Pat Cotter, CSX 2490 Jim Sfetko & Penny Sharp, CSX 2321 Shaun & Suzanne Lowry, CSX 2497 Lang & Kathy Wheeler, CSX 2411 Pat & Dorothy Ryan, CSX 2316 Mike Murrell, COX 6126 Henry Wilkinson, CSX 2555 Ed & Matt Maxwell, CSX 3288 Roger Morrison & Doug White, CSX 2181 Roger Williams & Laura Gherardi, CSX 2220 Ned & Cree Scudder, COX 6111 Dan & Martha Case, CSX 2310 valuable—out of proportion to your net worth—you owe it to yourself to take it out and enjoy it (after being sure it is insured for market value, of course). The reasons you bought the car are as valid as they ever were, and you, like many of these Cobra owners, have had a chance to experience a truly extraordinary machine. Drive the cars, wring every bit of experience out of them that you can, and be satisfied with the time they have spent in your life. Whether it's a Cobra or a Daytona or a Porsche Speedster that has skyrocketed in value, you were smart enough to buy one when it was affordable (they were never cheap), you've had the chance to use it as it was meant to be driven, and now the market has decided that you have grabbed the brass ring and will get a huge financial reward if you decide to sell. Does it really get any better? ♦ Sports Car Market

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Crossing the Block Brendan Floyd Last Year: 61/100 cars sold / $980k Silver expects good at- tendance at this annual event in the shadows of the Teton Range, which will feature consignments from 16 states and Canada. Last year's highlights included a '58 and a '59 'Vette, which both sold for over $60k. An early star for this year is a restored, matching-numbers '56 Thunderbird claimed to have less than 8,000 original miles. Expect the majority of consignments to change hands for less than $25k, with plenty of American muscle and European classics to be had. Bonhams— 1938 Lagonda V12 Short Chassis saloon at Brightwells, July 2 Note: Bonhams & Goodman's inaugural New Zealand auction on June 22 will be held in Nelson, not Auckland, as reported in the June issue of SCM. Brightwells—Classic Cars and Bikes Where: Herefordshire, U.K. When: July 2 More: www.brightwells.com Last Year: 59 cars sold / $1m This annual sale is a good spot to pick up an entry-level European collectible, with many consignments changing hands for under $25k. Last year's high sale went to a 1964 Rolls-Royce Silver Cloud III LWB at $56,272, and leading this year's early consignment list is a rare 1938 Lagonda V12 Short Chassis saloon, which should bring between $140k and $170k. Silver—Jackson Hole Auction Where: Jackson Hole, WY When: July 5–6 More: www.silverauctions.com Goodwood Festival of Speed Auction Where: Sussex, U.K. When: July 11 More: www.bonhams.com Last Year: 65/89 cars sold / $12m Bonhams heads to West Sussex for this 16th annual sale held in conjunction with the Goodwood Festival of Speed. Highlights include the first prototype ERA, chassis number R1A, estimated to bring between $800k and $1m, a 1930 Invicta S-type “Scimitar” 4½-liter Low Chassis, estimated between $750k and $825k, and a 1937 Lagonda LG45 Rapide, estimated between $700k and $800k. Expect a good mix of European prewar through modern era cars. Petersen—Graffiti Weekend Auction Where: Roseburg, OR When: July 12 More: www.petersencollectorcars.com Held on the Saturday of the 27th annual five-day Graffiti Weekend, this auction at the Douglas County Fairgrounds Complex will feature about 75 consignments consisting mostly of hot rods and muscle. The sale kicks off with a car viewing and a toys and memorabilia auction. Shannons— Sydney Winter Classic Auction Where: Sydney, AUS When: July 21 More: www.shannons.com.au Last Year: 21/21 cars sold / $975k Shannons auctions are typically smaller, but offer an interesting range of collectibles available for any budget. Last year's event saw two consignments change hands for over $200k and two others sell for under $10k. Whether you're in the market for a homegrown Holden, American muscle, or a British roadster, this is a good place to go. Thunderbird at Silver, July 5–6 12 ERA prototype at Bonhams Goodwood, July 11 Sports Car Market

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1973 Porsche 911 RS Touring 2.7 Bonhams—Porsche & Lotus Motor Cars and Related Automobilia Where: Silverstone, U.K. When: July 26 More: www.bonhams.com Last Year: 18/25 cars sold / $783k An early highlight for this all-Porsche and Lotus sale is a 1973 Porsche 911 RS 2.7 Touring in black with green detailing and estimated at $215k to $255k. Eighteen Porsches changed hands at last year's event, with high sale honors going to a 1957 356A Speedster at $119,161. Mecum Auctions—Des Moines High Performance Auction Where: Des Moines, IA When: July 26 More: www.mecumauction.com Last Year: 86/142 cars sold / $1.3m Expect around 150 mainly American muscle consignments at this annual sale held at the Iowa State Fairgrounds. Last year's high sale went to a '67 Corvette at $64,050 and saw twelve other 'Vettes change hands for $177,952. There should be plenty of entry-level collectibles available. ♦ July 2008 All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. Auction Calendar June 2—SHANNONS Melbourne, AUS 6-8—LEAKE Tulsa, OK 7—SILVER Seattle, WA 8—BONHAMS & BUTTERFIELDS Greenwich, CT 8—H&H Surrey, UK 10—KENSINGTON Bridgehampton, NY 13-14—KRUSE Goldsboro, NC 14—ICA Hyannis, MA 14—RM Tustin, CA 14—SILVER Coeur d'Alene, ID 15—BONHAMS & GOODMAN Sydney, AUS 16-17—BARONS Surrey, UK 20-21—MECUM St. Paul, MN 21—BONHAMS Northamptonshire, UK 21—KRUSE Topsfield, MA 22—BONHAMS & GOODMAN Nelson, NZL 27-28—MECUM St. Charles, IL 28—ARTCURIAL Paris, FRA 28—LUZZAGO Civitanova Marche, ITA 27-29—RM Anaheim, CA July 2—BRIGHTWELLS Herefordshire, UK 5—COYS Oxfordshire, UK 5-6—SILVER Jackson Hole, WY 11—BONHAMS Sussex, UK 12—ICA Iola, WI 12—PETERSEN Roseburg, OR 18-19—SANTIAGO Oklahoma City, OK 21—SHANNONS Sydney, AUS 21-22—BARONS Surrey, UK 26—BONHAMS Silverstone, UK 26—KRUSE Midland, MI 26—MECUM Des Moines, IA August 2—KRUSE Verona, NY 2—RM Rochester, MI 7-10—SILVER Reno, NV 9—BONHAMS Sussex, UK 9—COYS Nürburg, DEU 14-15—RUSSO AND STEELE Monterey, CA 15—BONHAMS & BUTTERFIELDS Carmel, CA 15—KRUSE Seaside, CA 15-16—RM Monterey, CA 16-17—GOODING & COMPANY Pebble Beach, CA 24—ICA Deadwood, SD 30—WORLDWIDE Auburn, IN 30-31—SILVER Sun Valley, ID 28-September 2—KRUSE Auburn, IN 13

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Inside Line Brendan Floyd Send news and event listings to insideline@sportscarmarket.com. News ■ Fred Garcia, a St. Louis, Missouri, Jaguar restorer, has just launched his latest project, an affordable, reliable, V12 supercar based on later model Jaguar XJSs. Garcia starts with good examples of Ford-era cars and upgrades the suspension, exhaust, and engine management systems to boost power by up to 100 hp at the rear wheels. Five-speed conversions are also available upon request. Turn-key cars start at under $50,000. www .garciasrestoration.com. (IL) ■ Premier Financial Services (PFS), an industry leader in highline, exotic, and vintage auto leasing, announced it has reached an agreement with Aston Martin, North America to provide a leasing program for the company's 31 U.S. dealers. This new program from PFS provides added flexibility and a more effective leasing option for Aston Martin enthusiasts. This PFS lease program will include all new 2007 models in dealer stock, as well as the 2008 V8 Vantage roadster and coupe, currently available through local Aston Martin dealers. www.premierfinancialservices.com. Events ■ The Festival of Speed re- turns to Goodwood July 11–13. A staple on the enthusiast's calendar, this event honors racing legends past and present with multiple events and exhibits featuring a terrific selection of cars and motorcycles from Featured Event In May 2006, I arrived in Rimini on Italy's Adriatic coast with just my leath- ers and crash helmet. For five days I tore around winding roads on a 1957 125-cc Ducati Sport in a recreation of the 1,000-kilometer Motogiro d'Italia, Italy's best-loved road race. I counted 4,000 hairpin turns, 100 narrow bridges, two mountain ranges, and 50 town squares. I finished 61st of 112 riders in my class, and I had a blast. Bolstered by the failing U.S. peso, Italian race organizer Dream Engine, of Bologna, is importing the whole event to Monterey, California, as the first Motogiro America, to be held July 13–17. The 500-mile road rally is a lead-in to the MotoGP at Mazda Laguna Seca Raceway July 18–20 and includes 80year-old winners of the original 1950s races like Remo Venturi and Giuliano Maoggi. This time I'm riding a 1957 175-cc MV Agusta. There are five classes: Vintage, Touring, '70s Twins, Super Sport, and Vespa. Check out the web site and register at www.motorgiroamerica.com for details. For general information, shoot Burt Richmond a question at burt@fitzrich .com—Paul Duchene 16 Sports Car Market Portland Historics, July 11–13 around the world. This year's theme will be “Hawthorn to Hamilton—Britain's Love Affair with the World of Motor Sport,” which celebrates Britain's first Formula One champion, Mike Hawthorn, current F1 star Lewis Hamilton, and all the racing Brits in between. Entry by advance ticket only. www .goodwood.co.uk. (UK) ■ The biennial Le Mans Classic is gearing up for its fourth event July 11–13. The race, first held in 2002, is open to unmodified or related cars that competed in the original 24 Hours of Le Mans from 1923 through 1979. Drivers must have an FIA International Competition license. A variety of shows, club events, and activities are planned to cater to all ages. www.lemansclassic.com. (FRA) ■ In honor of Helle Nice, Janet Guthrie, Danica Patrick, and other notable women drivers, the Portland Historic Races has named “Women in Motorsports” as a featured race of this summer's 32nd annual event, set for July 11–13 at Portland International Raceway. The event expects over 200 historic race cars, which will be divided into groups according to make, age, and horsepower. Also featured will be nearly two dozen historic NASCAR stock cars. Entry costs $40 for all three days; $10 for Friday, or $25 for Saturday or Sunday. Children under the age of twelve are admitted free when accompanied by an adult. www.portlandhistorics.com. (OR) ■ The second annual New England Concours d'Elegance will take place July 18–20 at the Hemmings Motor News headquarters in Bennington, Vermont. The three-day event will kick off with a cruise-in Event Calendar 11-12—All-Chrysler Nationals (PA) www.carlisleevents.com 11-13—Goodwood Festival of Speed (UK) www.goodwood.co.uk 11-13—Le Mans Classic (FRA) www.lemansclassic.com 11-13—Portland Historic Races (OR) www.portlandhistorics.com 12—2008 Braille Blind Car Rally (CA) nseandwest@verizon.net 12-13—Golden State Classic (CA) www.vararacing.com 13-20—Motogiro America (CA) www.motogiroamerica.com 17-20—Keeneland Concours (KY) www.keenelandconcours.com 18-20—New England Concours (VT) www.classicrallies.com 18-19—York Concours (PA) www.yorkheritage.org 20—Forest Grove Concours (OR) www.forestgroveconcours.org 21-26—Model T Centennial T Party (IN) www.tparty2008.com and rally, followed by a car show, which will feature several classes for all makes and models of cars and motorcycles built before 1983. The concours will be held on the final day at the golf course on Stratton Mountain and will conclude with an awards ceremony honoring the winners, who will appear in Hemmings publications. www.classicrallies .com. (VT) ♦

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SCM Contributors JOHN DRANEAS practices law near Portland, OR, where his primary focus is tax and estate planning, business law, and representation of collector car owners. He is a past-president of the Oregon region of the Porsche Club of America, and served as the Chairman of its 2006 Parade. Draneas is one of the founders of Friends of PIR, a non-profit formed to keep Portland International Raceway from becoming an industrial development, and he avidly races a Spec Racer Ford in the highly competitive SCCA series, where he is a consistent top-10 finisher. His collection includes two Porsches, a Ferrari, an Alfa, a Lotus, a BMW daily driver, and a John Deere tractor. His “Legal Files” column has appeared in SCM since 2003, and this month he tackles shady Shelbys on p. 30. TREVOR FAY was born in Adelaide, the capital of South Australia, and as long as he can remember, he has had an interest in automobiles. Before he could drive, he spent his hours at newsstands and libraries, reading every car magazine he could get his hands on. His bound collection of Road & Track dates back to 1961. Fay's first sports car was an MG TC, which he bought while he was in law school. He sold it shortly after he received an estimate of the cost of to fix it. He now owns a 1966 Alfa Romeo GTV, which was fully restored over a 22-year period. He regularly drives the car on sunny days. He writes in Australia and America on all automotive subjects, but specializes in historic motor racing and rallies. In March, he helped celebrate 60 years of racing on Phillip Island, and he shares the experience with us this month on p. 34. One of JOHN R. OLSON's first cars was a Mercedes 300Sc roadster. He's been hard to please ever since, and has owned memorable cars from makes as varied as Studebaker and Ferrari, plus a bunch more Mercedes. In each case, he sold for more than he paid. Like most car enthusiasts, this was not his goal, but he's not complaining, and he turned his experiences into a book,Make Money Owning Your Car (And Enjoy Every Minute). After discovering he liked words as much as cars, he began publishing the SL Market Letters (SLML), which has been rolling along for 27 years now. Olson has self-published three additional books; the latest, The SL Experience, is one of Amazon.com's best-selling Mercedes books of this decade. This month he relates his Mercedes expertise in our German Profile of a 1955 300S, which you'll find on p. 46. BILL SCHEFFLER's earliest reading was the auto classifieds in the Sunday New York Times, and he stills remembers wondering what “SSK” meant. He knows now. After successfully practicing as a lawyer for several decades, he has determined that cars are more fun. To that end, Scheffler is a co-founder and Chairman of the Fairfield County Concours d'Elegance, now in its fifth year in Westport, Connecticut. He is a lifelong vintage car collector and enthusiast, and seeks out long distance rallies whenever he can. Previous mounts have included a 1935 Auburn Phaeton, a 1965 XKE, a 1971 Ghibli SS, and a 1970 Oldsmobile 442 W-30. This year, he ran the Copperstate 1000 in a Maserati 3500 GT, and you can read his first-timer's tale on p. 36. He lives in Connecticut and is married to Ann Sheffer (no typo, that's Scheffler and Sheffer—ED). 18 Sports CarMarket Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 V.P. Business Development/General Counsel Rob Sass rob.sass@sportscarmarket.com; 503.261.0555 x 214 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead Auction Analysts John Clucas (Australia), Richard Hudson-Evans (Europe), Daniel Grunwald, Chip Lamb, Norm Mort (Canada), Paul Hardiman (Europe), Jérôme Hardy (Europe), Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Jim Schrager (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Kathy Donohue, Martin Emmison, Paul Hardiman, Simon Kidston, Raymond Milo, Steve Serio Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Editorial Assistant Brendan Floyd brendan.floyd@sportscarmarket.com; 503.261.0555 x 220 Strategic Planner Bill Woodard Print Media DirectorWendie Martin wendie.martin@sportscarmarket.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Advertising Executives KJ Glennon kj.glennon@sportscarmarket.com; 877.219.2605 ext. 222 John Scharff john.scharff@sportscarmarket.com; 314.802.8139 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 ext. 213 Sales and Marketing Coordinator Valarie Huston valarie.huston@sportscarmarket.com; 877.219.2605, ext. 211 SUBSCRIPTIONS Subscriptions Coordinator Jennifer Davis-Shockley jennifer.davis@sportscarmarket.com; 503.261.0555 x 204 To order new subscriptions 800.289.2819 Questions about current supscriptions 877.219.2605, ext. 204, service@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Marketmagazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2008 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- vestor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Taxman I am interested in the issue raised by John Draneas regarding tax on the capital gain from a collector car sale (October 2007, “Sell Now or Leave the Ferrari to the Kids,” p. 36) and the subsequent tax rate update in his March column (p. 37). I sold a car in 2006 and paid 28% on the net gain. After reading Mr. Draneas's comments in the October issue (stating a 15% rate should apply), I contacted my tax preparer about this, but was told it would cost lawyer fees, I'd risk an audit, etc. to challenge the 28% rate. I would think this would be of major importance to many of SCM's readers, and I was hoping to see more on the issue. Would it be possible for you to further pursue this, and particularly to report if anyone has successfully achieved the 15% rate?—Dick Lins, Pebble Beach, CA John Draneas responds: I have heard from collectors who have reported this both ways, but no report of an IRS challenge. There are no IRS rulings or court cases on the subject. My unscientific observation is that many tax preparers simply assume that cars are collectibles, even though my research points out that cars are not listed as collectibles for this purpose. If the 13% differential (plus any state tax effect) is a significant amount of money, I would encourage an amended return, with a rather innocuous explanation of the error. I don't see this as an expensive proposition, even if the IRS challenges it. Although anything is possible, it would seem unlikely that this would lead to an audit of the entire return. If you did incur some legal fees, at least they would be deductible. If that's any consolation. Mess with Texas I always enjoy John Draneas's “Legal Files” columns, as they are informative and interesting. Regarding his April story (“When Title Tricks Won't 20 I aman old Alfa devotee but have unfortunately suffered from a long-nagging confusion about the model designations and their individual attributes Wash,” p. 34), I'm sure SCM will receive many letters with personal experiences. Having traded over 200 cars, mostly when I lived in Ohio, I knew the ins and outs of title transfer. I moved to Texas and my interests shifted, but I continue to have a couple of toys around. A friend from Ohio called in 2002 and told me a 1929 Ford roadster hot rod was up for sale. I knew the car from the early '80s. I flew up, inspected it, and had it shipped to Texas. The title said “Self-assembled 1981 Ford.” There was a VIN number on the paperwork, but not on the car. In Texas, the state troopers have to inspect the VIN of an out-of-state car before they will issue a title. I made an aluminum plate with a matching number, took some pictures of the car, and went to the registrar, which bypassed the cops. I did this because I'm sure my VIN plate would have satisfied them, but not some other “roadworthy” issues. The little old lady behind the desk asked for the troopers' inspection and I showed her the plate I had made, which she then ran in the computer system with no conflicts (the fact that the plate was not physically attached to a car did not come up). She started to fill out the paperwork for a Texas title. I said wait a minute, the car is not a 1981 Ford but a 1929. I showed her the pictures, and she said okay and changed the year (the fact that she had never seen the car never came up). Ya gotta love Texas.—Chuck Wegman, Richmond, TX Thanks, Donald As a long-time SCMer, I have to say that Donald Osborne deserves serious kudos for his “Automotive Investor” piece on the 105-Series Alfas (May, p. 128). I met him briefly at BJ Scottsdale in January 2004, and have long appreciated his contributions to SCM. I am an old Alfa devotee but have unfortunately suffered from a long-nagging confusion about the model designations and their individual attributes. Perhaps it's the similarity of “Giulia” and “Giulietta”? Or my distinct lack of practice in Italian? Thankfully, his breakdown put that confusion to rest in an entertaining and accessible way.—David Esch, Pittsburgh, PA Crossing the pond for less I enjoyed Bob Ames's article about the London-to-Brighton Run tremendously (March, “London-to-Brighton on $2,000 a Day,” p. 40). Like Ames, my wife Sandra and I also enjoyed last year's November sunshine as we drove the 60-mile route in our 1904 Lenawee. This was our fifth attempt at the run and the fourth we finished. It only took us 7.5 hours! London-to-Brighton is the single best driving event imaginable, and for a car-guy, it's a

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Ad Index Aston Martin of New England ................91 Automobilia Monterey ..........................121 Autosport Designs .................................101 Bart Holland BV Restoration Co. ...........81 BB One Exports ......................................99 Beverly Hills Classic Cars ......................79 Bonhams & Butterfields ..........................23 Brighton Motorsports ..............................99 Canepa .....................................................71 Carriage House Motor Cars ....................77 Cars International ....................................32 Cars That Matter ...................................109 Charles Tanner Coachworks .................129 Chequered Flag Int'l ...............................97 Classic showcase ...................................109 Copley Motorcars Corp. ........................105 Cosdel ...................................................111 County Corvettes ..................................111 Davidoff Zino Platinum ........................111 Digit Motorsport .....................................53 Doc's Jags .............................................109 Driver's Source .......................................57 Exotic Car Transport .............................129 Family Classic Cars ..............................103 Fantasy Junction ......................................93 Fourintune Garage Inc ..........................124 Glenmoor Gathering ...............................43 Gooding & Company ................................2 Griot's Garage, Inc. .................................59 Grundy Worldwide ..................................41 Hamann Classic Cars ............................109 Heacock Classic ....................................105 Hyman, Ltd. ............................................63 Intercity Lines .........................................31 JC Taylor .................................................69 JJ Best Banc & Co ................................123 Joe Sackey Classics .................................93 Kensington ............................................101 Kidston ....................................................21 Kirkland Concours d'elegance ................75 L' art et L' automobile ...........................117 Macneil Automotive ................................73 Meadow Brook Concours d'Elegance ....65 Meguiar's ..................................................9 MidAmerica Auctions ...........................119 Miller's Incorporated ............................129 Morris & Welford, LLC ..........................19 Motorcar Portfolio ..................................83 Palma Sola Media Inc. ..........................111 Park Place LTD .......................................25 Paul Russell and Company .....................95 Pebble Beach Retro Auto ........................85 Poff Transportation ...............................129 Premier Financial Services ...................131 Putnam Leasing .......................................27 The Quail ................................................49 Re-Originals ..........................................105 Rinstad ....................................................67 RM Auctions ................................4,5,11,17 Ron Tonkin ..............................................95 RPM Motorbooks .................................124 Russo And Steele ....................................14 SCM Insider's Seminar .........................115 Silver Auctions ........................................61 Sports Car Shop ....................................103 Sun River Festival of Cars ......................87 Swissvax ...............................................107 Symbolic Motor Car Co ............................3 Ulysse Nardin Watches .........................132 Vintage Rallies ........................................97 VintageAutoPosters.com .......................129 Web Steel Sales, Inc. .............................129 Worldwide Group ......................................7 22 London-to-Brighton is the single best driving event imaginable, and for a car-guy, it'sa pilgrimage to the past pilgrimage to the past. However, I have to disagree with him over the costs associated with shipping a car to and from England. He writes, “Recent quotes from the East Coast are roughly $3,500 for one car in a 20-foot container, $4,300 for two in a 40-footer, and $5,500 for three vehicles. Los Angeles runs $5,500, $6,500, and $8,500, respectively. Double these numbers for a round trip.” My company, Cosdel International Transportation, ships cars worldwide for events, and every year we always have several for the Brighton Run. Our charges are considerably less than Ames has suggested. Last November we were charging about $1,500 one-way per car from the East Coast and $2,000 from the West. And this is based upon just two cars per 40-footer. If we get three together (and they fit loaded on the floor with no ramps), the price is even less. We brought the Lenawee home after the 2007 event (it usually resides in England) for some fettling and mechanical work, and will sadly miss this year's Run, but we plan to return with the Lenawee in 2009, and are accumulating a fairly strong contingent of American enthusiasts to join us. So if you have not bought your pre-1905 car yet, you have 18 months to do it before it has to set off for England. Please come and join us.—Martin E. Button, San Francisco, CA What about the IROC? If SCM stands for Sports Car Market magazine, why isn't there a section each month on Vipers, modern Corvettes, and so-called continuation Cobras? Don't they have a market? Are they not sports cars? SCM is my favorite mag, but I would speculate that you would significantly expand your subscriber base with a section each month devoted to these modern sports cars. I happen to enjoy reading about vintage Jaguars, Alfa Romeos, and the rest, but like most people in the hobby have far more interaction with the modern 'Vettes, Vipers, and the spectrum of fake Cobras. You could even throw modern Mustangs into that mix as well.— Lester Quam, Las Vegas, NV Stefan Lombard responds: Thanks for your letter, Lester. You don't see many Vipers or late-model Corvettes and Mustangs in the pages of SCM because at this stage in their life, they are still just used cars, and haven't made the transition to “collectibles.” In general, it takes about 20 years from the time a car goes out of production until the market at large decides if it is collectible, and if so, at what value level. Further, as a practical matter, there are very few latemodel supercars and sports cars that cross the block at the type of collector car auctions that SCM specializes in—which is the reason we have our “Fresh Meat” column, to report on sales of contemporary cars online, which is where they are likely to appear. ♦ Sports Car Market

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Stuff Neat by Brendan Floyd Clean and Green There's nothing quite like a good wash to rekindle those first-love goose bumps with your collectible. The trouble is, the ol' hose and bucket routine isn't exactly the model of environmental efficiency. Now Griot's Garage has the solution to keep both your car and conscience clean with their Spray-On Car Wash kit. It comes with everything you need to safely wash your car without a hose and bucket, including a 35 oz. bottle of Spray-On Car Wash specially formulated to break-up road grime, plus four new machine-washable extra-high-loft Spray-On Car Wash Towels. Head to www.griotsgarage .com, and for $29.99 you can do your part to help drought conditions and clean up storm drains. Vintage Auto Fabric Kim White Handbags When it comes to gift buying for that special someone, nothing says “I forgot until the last moment” like flowers and a card. Take pre-emptive action against an extended stay in the doghouse, and buy your lady a Kim White Handbag. These bags come in three sizes and are made from vintage automotive fabrics that were dead stock— never-used textiles intended for American automobiles of yore. Each Kim White Handbag is tagged with the year and make of the fabric, so you know exactly what car the bag comes from, i.e. 1983 Camaro or a 1978 Ford Mustang. As an added bonus, you won't feel embarrassed when your significant other asks you to hold one of these in public for her. Head to www .kimwhitehandbags.com. They run from $85 to $380, depending on size and style. WHAT YOU NEED AND HOW TO GET IT Night Rider Frustrated with glare and blurriness while driving at night? Or maybe you just want to retain your “Fonzie” image after sundown? Either way, TAG Heuer “AvantGarde” Eyewear has got you covered with their newly developed “Night Vision” glasses. These glasses correct the low light shortsightedness you see from twilight to sunrise, and optimize precision and enhance perception of contrasts for more comfort while driving at night. The titanium frames are available in both wide and panorama styles with anti-slip elastomere arms. Originally developed for the 24 Hours of Le Mans, you can see these shades on F1 racer Sebastien Bourdais and Indianapolis 500 driver Sarah Fisher. All TAG Heuer Eyewear lenses are shatter- resistant and provide 100% UV-A and UVB protection. Keep an eye out for upcoming release and pricing information at www.tagheuer.com/eyewear. 24 Sports Car Market

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In Miniature Marshall Buck Walter's Little Speedster Even the wheels' center caps are engraved and painted in the correct Chrysler “Broadway” type face Ford GT40 Mk I GT40 Details Production Date: 2008– Quantity: Serial-numbered, limited edition of 100 of each model, plus openended run of kits Ratings: Overall Quality: Authenticity: Overall Value: Web: www.marshmodels.com ½ Marsh Models of England has been producing various versions of GT40s in 1:43-scale since they opened for business in 1981. Two of their latest offerings are of both cars Ford entered in the 1965 Daytona Continental. The two cars here—the #73 winner, driven by Ken Miles and Lloyd Ruby, and the #72 third-place car, driven by Bob Bondurant and Richie Ginther, are fine hand-built models, and Marsh does them justice. A great deal of attention has been paid to details such as lights, spoilers, small vent windows, and those great wheels and tires. Some let-downs are the poorly replicated seat grommets and incorrect shiny seat finish, a mirror placed where it never was, and the front lower headlamps, which should be clear and not amber. That said, they are still worth seeking out, though not cheap at $299. With so few being made, they are certain to disappear quickly. Available from Motorsports Miniatures, 800.249.3763; www.motorsportsminiatures.com. 1932 Chrysler Imperial Speedster With the exception of a non-public, large- Chrysler Details Production Date: 2007– Quantity: Serial-numbered, limited edition of 250 built models Ratings: Overall Quality: Authenticity: Overall Value: scale, limited-edition model, Walter P. Chrysler's 1932 Imperial Speedster has never been offered in model form, until now. This 1:43-scale piece is hand-built in Russia for B&G Historic Line, USA. It well replicates the 1991 Pebble Beach Best of Show-winner as it exists today in the private collection of an SCMer. The detail is astounding. The model is comprised of resin, brass, machined, and photoetched parts. All the chrome-plated parts are brass, which has been nickel-plated and polished. The custom paint color has been exactly reproduced, and the delicate wire wheels were specially made just for this model. Even the wheels' center caps are engraved and painted in the correct Chrysler “Broadway” type face. The oh-so-delicate radiator cap is a work of art, and all chrome trim inside and out has been properly replicated. The interior has everything down to the cables from the windshield wiper motors. There is even some chassis detail. The labor alone to build each model far exceeds the $325 price tag. Available from Mikhail Bashmashnikov (B&G Historic Line), 203.968.8550; msbash@gmail.com. Ferrari 250 GTL Lusso Details Production Date: 2008– Quantity: As the box states, “Limited Edition 1 of up to 10,000” Ratings: Overall Quality: Authenticity: Overall Value: Web: www.mattel.com ½ The Lusso has Ferrari written all over it. Over many years, Lussos have been modeled by many manufacturers in at least six different scales. The latest to join the club is the 1:18-scale model in red or blue by Mattel in their relatively new “Elite” series, produced in China. Some of the models in this “Elite” line are dressed-up pieces based on less expensive previously offered mod- els. As a curbside display piece, from several feet away it's quite good, but with its antiquated working features and lack of detail, it just doesn't stand up that well when compared with models from other manufacturers in this price range. Mattel did add nice touches, such as photo-etched wheels with machined aluminum rims, higher grade ultra-clear windows, and decent chrome window trim. The interior detailing is simplistic, while the engine is just toy-like. Display it in profile to avoid the old-style pegged headlamp lenses, which give an unfortunate cartoonish look. Priced at $79. Available from Motorsports Miniatures, 800.249.3763; www.motorsportsminiatures.com. 26 Sports Car Market

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Affordable Classic Mazda RX-7 Zoom-Zoom, Slurp-Slurp Early RX-7s rarely see 20 mpg highway and can be driven down into single digits; owners laugh at later claims of 30 mpg by Rob Sass B y the late 1970s, the sports car world wa looking bleak indeed. A 1975 Road & Track comparison test of k the Maserati Merak Lamborghini Urraco, and Ferrari Dino 308 GT4 showed none of these detoxed beasts to be ca pable of a sub-eight-second 0–60 mph run. It was fa worse for mainstream sports cars. The Triumph TR6 was gone, replaced by the trainwreck that was the TR7. The MG B was wheezing along with just 68 hp and comical bumpers. The Datsun 240Z had morphed into the bloated two-tone discomobile that was the 280ZX, and the Porsche of the future—the 924—was an overpriced, underpowered, hard-riding mistake. In short, the sports car world was ripe for the second coming of the original 240Z— and that's just what Mazda sought to do. In fact, the original ad for the 1979 RX-7 had images of the MG TC and the 240Z in the background. Mazda introduced the RX-7 in the spring of 1978 as a '79 model. It was an instant hit, and 474,565 fi rst-generation cars would be built by 1985, with 377,878 sold in the U.S. alone. Road & Track hailed it as a major breakthrough for the enthusiast—although they were lukewarm about the styling, which they viewed as derivative. In fact, it does resemble a Porsche 924 from the front, with a dash of TVR 2500M in the rear. Price gouging not seen since the 240Z At the original price of $6,395, there were wait- ing lists and price gouging by dealers on a scale not seen since the Datsun 240Z. Early buyers could reckon to get all their money back if they resold the car within the fi rst year or so. From a performance standpoint, the RX-7 and the 240Z were evenly matched. Both would do 0–60 mph in under nine seconds, and both topped out at about 120 mph. Although a conventional front-engine rearwheel-drive car, the RX-7's powerplant made it thoroughly unconventional. The twin-rotor 12A rotary engine was built under license to NSU Wankel (by then a Volkswagen subsidiary), and it was massaged to make 100 hp. Unlike NSU, Mazda had been able to actually make the rotary work, largely solving the tip seal problems that sank the NSU Ro80 (and the company along with it). First-gen RX-7s are a blast to drive and sound much like a chainsaw on steroids. They are rev-happy enough that Mazda saw fi t to install a rev-limiter that buzzed when the car reached its 7,000-rpm redline. Handling was quite good, although the chassis was fairly conventional—unit structure with MacPherson struts up front and a live rear axle with coil springs and a Watt's linkage not unlike some Alfas. All this made handling benign enough, but at the limit, early cars could be a handful, displaying exuberant oversteer. 28 Interiors were nothing special, like most Japanese cars of the day, with waxy hard plastic and cloth or vinyl seats being the rule. At least the RX-7 had full instrumentation, with a big centrally located tach on the earliest cars. Probably the biggest liability the earliest cars suffer from is appalling fuel economy. Pre-1981 12A rotary cars rarely saw the high side of 20 mpg on the highway, and driven hard around town they often saw single dig- Sports Car Market

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its. Cars built after 1981 were rated at 21 mpg city and 30 mpg on the highway, but most RX-7 owners laugh at these figures. The one to have is the injected GSL-SE The first-gen RX-7 to have is the fuel-injected 13B rotary-powered GSL-SE of 1984–85. A 35-hp boost over the 12A engine made this RX-7 competitive with the new Porsche 944. The GSL-SE also came with all of the interior refinements available, including very effective a/c; the Japanese were the only foreign manufacturers who came close to the Americans in that department. Both 4- and 5-speed manuals were available. Each was quite stout, though the secondgear synchro will only withstand limited abuse, and rotaries provide little engine braking, leading to panic downshifts by novices. A limited number of first-gen RX-7 convertibles Details Years produced: 1979–85 Numbers produced: 474,565 Original list price: $6,395 SCM Valuation: $2,500–$4,500 Tune-up cost: $300 Distributor cap: $29.95 Chassis #: Lower left corner of windshield Engine #: Stamped on front housing Club: Mazda Club of North America P.O. Box 11238 Chicago, IL 60611 More: www.rx7club.com Alternatives: 1975–78 Datsun 280Z, 1969–73 Opel GT, 1971–76 Mercury Capri SCM Investment Grade: D were converted in California by a company called Avatar. None has surfaced at auction recently and the conversion quality is a bit of an unknown, but the car looks great as a convertible. It makes one wonder why it wasn't in the original plans. As collector cars today, RX-7s are a tough sell; they're not really old enough to be especially collectible and the rotary engine scares people off. It isn't as though 20-Year Picture they are particularly troublesome (150,000 miles isn't unreasonable, double that is possible on synthetic oil), but the knowledge base for rotary repairs is dwindling. Smoking cars with bad rotor tip or apex seals should be avoided like the plague, as should any example with any indication of a less-than-healthy motor. Although a bit less rust-prone than earlier Japanese cars, RX-7s can and do rust. Those with sunroofs should be checked extra carefully, as they can leak over time, with predictable floorboard consequences. There are few RX-7s around that have been restored in the traditional sense. The values simply don't support it. However, good original cars with under 100,000 miles do surface occasionally. Good cars tend to live in the $3,500 to $5,000 territory. First-gen RX-7s are among the last worthwhile credit card cars out there. There's no rush, because this status is unlikely to change any time soon, as the first tier of Japanese collectibles consists of just one car (the Toyota 2000GT), and aside from the 240Z, a second tier of Japanese collector cars has yet to emerge. If gas prices continue to rise, the least affordable aspect of any RX-7 is likely to be its fuel bill. ♦ 1982–85 Toyota Supra $10,000 1979–86 Mazda RX-7 1979–83 Nissan 280ZX $8,000 $6,000 $4,000 $2,000 1989 1994 1999 2004 Prices are for cars in excellent condition. This information is provided by Black Book and Cars of Particular Interest Collectible Vehicle Value Guide, www.blackbookusa.com. 2008 July 2008 29

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Legal Files John Draneas In VIN Veritas As he figures out the GT350 is rebodied, the shop owner is overheard by a CHP officer, who begins an inquiry by John Draneas 1965 Ford Mustang, ready for Shelby bits? W hat do you do with your authentic, vintage Shelby GT350 when it's so rusty it's beyond repair? Some Shelby owners think the answer is pretty simple—just rebody it. But that can easily lead to confusion, fraud, criminal charges, and costly litigation, as we'll see below. Although this is an actual case, we'll do the guilty a favor and not disclose any real names. Our rustbucket Shelby owner decides that his 1965 GT350 needs to be rebodied. To do this, carefully hold onto the Shelby VIN plate and cut away the rest of the car. Then take a donor Mustang body and carefully attach the Shelby VIN plate to it. Take all the Shelby parts off the old body and install them in the new body, and if you're attentive to detail, cut the body parts that hold the Ford VINs off the old body and attach them to the new body, and voila! You have a “refreshed” Shelby. You might think this is the same process as just cut- ting the Shelby VIN plate out of the old body and attaching it to the donor Mustang body. But the California Highway Patrol considers that way of doing things a criminal alteration of a car's VIN. Read on for details. What Registry disclosures? The Shelby American World Registry (www.SAAC .com) explains that, in their opinion, a rebodied Shelby is not really an original Shelby, but it has a greater value than a replica or a clone. Mustangs are unibody cars, so unlike many classic cars that have a separate body and frame, there is no frame that a new body can be attached to with the Mustang. So the Shelby Registry carves out a compromise. The Registry view is that there is nothing inherently 30 Original 1965 GT350 wrong with rebodying, and that the correct way to do so is to take all the body parts that carry Shelby and Ford VINs and graft them into the donor body. The Registry finds it acceptable for the owner to keep this information secret while he owns the car. If the Registry is told that a Shelby has been rebodied, it's noted in the records but not published in the Registry. However, the Registry insists that it is fraudulent to sell a rebodied Shelby without disclosing that fact. If a prospective purchaser calls to inquire about a particular Shelby, the Registry will inform the purchaser that the car has been rebodied. With friends like these… Our rustbucket Shelby owner heeded this advice, and disclosed the rebody to our Culprit #1, an experienced Shelby enthusiast. Culprit #1 updated the Shelby records, and informed the group of the rebody but asked that they not disclose it in the Registry, so they simply noted the rebody in their files. Along comes our Victim, who decides it's time to add a GT350 to his collection. He knows Culprit #2, a well-known Shelby expert and dealer, and asks him to find him a nice car. Culprit #2 presents the rebodied Shelby to our Victim. Victim sees that it is a high-condition car. Relying on his long relationship with Culprit #2, Victim does not make any inquiry with the Shelby Registry, and pays an original-Shelby price for the rebodied car. The two Culprits split the profit. The power steering bracket tells all Victim enjoys the car for a number of years, and then decides it's time to sell it and buy something else. He consigns it to a well-known collector car dealer, who quickly finds a buyer. Per the buyer's request, the dealer sends the car to a well-known repair shop for a pre-purchase inspection. The shop owner immediately recognizes that the 1965 Shelby GT350 is a rebody, because he sees a mount on the firewall for the power steering that was used only on 1966 Mustangs. As he explains this to an employee, the shop owner is overheard by another shop customer, a Shelby enthusiast who happens to be the head of the California Highway Patrol K-9 Unit. He launches an investigation, and pretty soon CHP impounds the Shelby because its VIN had been unlawfully removed, altered, or destroyed. During Sports Car Market

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the investigation, Culprit #1 admits his misdeeds, and CHP determines he is guilty of knowingly selling a vehicle with forged or counterfeit VINs. The CHP retags the car as a 1966 Mustang with its original VIN, and returns it to our Victim. Two Culprits equally at fault Victim is chagrined that the District Attorney won't prosecute Culprit #1 because his crimes are “too old.” So he sues both Culprits and the original owner who sold the car to Culprit #1. The two Culprits tell varying stories about their involvement and knowledge. In a court-ordered non-binding arbitration, the arbitrator rules in favor of Victim, finds the two Culprits equally at fault, finds the original owner innocent because he disclosed everything to Culprit #1, and orders the two Culprits to reimburse the original owner for his attorney fees because they caused him to be dragged into the lawsuit. Victim then settles with the Culprits, but the lawsuit still continues as to whether or not the Culprits have to pay the original owner's attorney fees, a result of the arbitration's non-binding status. Moving a VIN makes an illegal car This Legal File raises philosophical questions as to just what makes a “real” car. The unscrupulous think that all you need is an authentic serial number—probably not even the authentic VIN plate, as that can be recreated. Some classic car collectors think all you need is an authentic frame (or even a piece of it). The Shelby Registry apparently thinks all you need are the portions of the original body that hold all of the VINs, plus all (perhaps most?) of the unique Shelby parts from the original Shelby. But California law thinks that creates a car with a fraudulently altered VIN. The law believes, quite simply, if you move a VIN from one car to another, it's an illegal car. As collectors, we pay substantial premiums for authenticity and originality because they define the rarity and form the bridge to the past that creates value. But just what does it take to keep the soul of an original car alive? If you add a complete assortment of Shelby parts to a Mustang, you have a clone. If those Shelby parts came from a real Shelby, is it something different? If not, does adding a Shelby VIN plate make a difference? The market seems to think so, because a rebodied Shelby will sell for less than an original Shelby, but for more than a clone. Perhaps this Legal File prompts us to reflect that rarity and authenticity have sepa- rate effects upon value. But on a more practical level, it demonstrates another way that the unscrupulous can victimize the innocent, and adds another item to the car buyer's due diligence checklist. Meanwhile, the rebodied Shelby is in Colombia, South America, being enjoyed by a savvy collector who knows its entire story and is completely satisfied with what he paid, and what he ended up with in his garage. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. July 2008 31

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Event Phillip Island Racing Into the Past, Down Under Phillip Island regularity drivers wear driving suits and shoes to dinner in restaurants—some even sleep in them by Trevor Fay; photos by Vince Johnson, John Lemm, and John Ward 1955 300SL Gullwing gets dusty A ustralia's Phillip Island celebrated its 60th anniversary of motor racing in March and hosted the largest turnout of historic race cars in the country. Located south of Melbourne in the Bass Strait, the island attracted 300 cars to compete in 44 races. Drivers came from most Australian states, with international competitors from the U.S., the U.K., and a large contingent from New Zealand. Some of the notable entries included two Alfa Romeos (a 1932 Tipo B and 1936 6C 2300 MM), two Bugattis (a 1927 T35C and 1929 T37A), a 1954 Ferrari 750 Monza, a 1954 Maserati 200S, and a 1948 Talbot-Lago GP. There were 30 Formula A cars (think Formula 5000), a bigger field than at most race meetings in their glory days. Can Am-winning Porsche flown in The star car was the 1972 Porsche 917/30 Spyder from the Porsche Museum, which was air-freighted to the meeting. This car won the 1973 Can Am series. Its 5.4-liter twin-turbo V12 engine developed 1500 hp in qualifying trim and the car could reach speeds of over 220 mph. Local Porsche racer Jim Richards drove it on hot laps and treated race fans to its signature howl. Phillip Island is an hour and a half Details Plan ahead: early March 2009 Where: Phillip Island, Victoria, AUS drive from Melbourne, the capital of Victoria, and in 1928, Australia's first road race meeting was held here on six miles of dusty roads. Captain Arthur Waite won the inaugu- 34 Cost: $40 AUD ($38 U.S.) for a threeday entry More: www.phillipislandcircuit.com.au Photo:Vince Johnson ral 100-mile race in a 750-cc Austin 7—a factory race car specially prepared for the son-in-law of Lord Austin, owner of the company. To show how prepared it was, it beat a strong field, which included Bugatti Types 39 and 40. Road racing at “The Island” continued for a further seven years before the poor state of the unsealed roads led to its cessation in 1935. In 1956, motor racing returned to Phillip Island with the opening of the present three-mile circuit. At the anniversary event, large competitive fields made for close and exciting racing. While most drove with prudence, some believed they were racing for sheep stations (think pink slips) and took a lot of risks with desperate passing moves and on-the-limit cornering. Off-track excursions were common, and a few cars were badly bent. Regularity racers particularly Australian Something unique to Australia are the regularity events. In a regularity event, drivers nominate a lap time and the winner is the driver who laps closest to his nominated time. These runs are very popular, and over 100 cars took part in six events. While most drove production sports cars like Alfas, Sports Car Market

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Austin-Healeys, Jaguar E-types, MGs, and Porsche 911s, quite a number of serious collector cars also took part. These included a 1926 Delage D6/70, a 1953 Cooper Bristol, and a 1955 Mercedes-Benz 300SL Gullwing. Regularity events are far from sedate. Imagine rush hour traffic, with the slow blocking the fast, the fast carving each other up, and all trying somehow to keep to their nominated lap time. Regularity drivers tend to be a little strange, especially the Walter Mitty types who call themselves racing drivers and wear their driving suits and driving shoes everywhere during a race weekend. You see them in restaurants in their driving gear; some even sleep in their driving suits. A cavalcade of 80 historic racers To celebrate the 80th anniversary of the first Australian Grand Prix, 80 historic racing cars took part in a cavalcade on the public roads of the original circuit. All cars were prewar and included Alfas, Bentleys, Bugattis, Delages and four MG K3s. A replica of the Austin 7 that won the first Grand Prix (but with the original engine and gearbox) led the cavalcade. After several laps the cars went on display in the main street of the nearby town of Cowes. Bugatti Type 39 Photo: John Ward The weather cooperated (it was late summer down under, after all) and the sun shone down on three days of close racing between excellent cars at a scenic circuit. Racing is life, as Steve McQueen said, and life doesn't get much better than this. ♦ Big wings and fat tires of Formula A July 2008 Photo: John Lemm 35

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Event Copperstate 1000 Desert Proving Grounds Your worldview changes meaningfully when you're negotiating 147 switchbacks at 8,000 feet on a road with no guard rails by Bill Scheffler; photos by the author and John Boccardo The Copperstate is not a time-speed- distance rally like Rich Taylor's Vintage Rallies, nor is it a grueling test like the Mille Miglia. Rather, the route book invites you to drive as aggressively or as sedately as you—and more importantly your car—prefer. Most drivers take the first choice, as none of these cars are trailer queens by any means, and some have genuine competition history. I'll say this: there is nothing like see- ing a 1926 Bentley Speed Six Le Mans passing four much newer cars going uphill on the Catalina Highway. But there are also drivers who elect to take a more leisurely approach, and nobody really cares either way. The rally typically has more than twice the number of entrants it can support, and the selected cars are all notable for one reason or another. They are safe, too. The scrutineering 1926 Bentley Tourer on the grade T ake three of W.O. Bentley's best, throw in a smattering of 1930s Hispano-Suizas, Delahayes, Cords, and Alfas, plus some vintage American iron and a couple of dozen European sports cars from the 1950s and '60s, and what do you have? The eclectic roster of the 2008 Bell Lexus Copperstate 1000. It's a noteworthy grid for an impressive rally. The Copperstate is put on by the Men's Arts Council as a fundraiser for the Phoenix Art Museum, and though this was the event's 18th running, it happened to be my first. It did not disappoint. I've driven rallies from California's Muscle Car 1000 to the New England 1000, with plenty in between, but the Copperstate is a bit different. Described as “A Motorsports Driving Event,” the rally tours Arizona in April, the perfect time for top-down driving, and this year covered just under 1,000 miles over a range of elevations from 1,000 feet to 9,000 feet. The event starts with all participants arranged around the perimeter of the outfield in Tempe Diablo Stadium (spring training home of the Angels), which makes for an impressive picture. The cars are introduced and flagged off one by one, and the adventure commences. Over the next four days, aside from a few unavoidable transit stages on interstates, the roads range from mildly challenging to genuinely exhilarating. Your worldview changes meaningfully when you're negotiating 147 switchbacks at 8,000 feet on a road with no guardrails — in this case, the Coronado Trail. 36 that takes place before registration at the outset of the rally is taken seriously, and cars have been rejected, which I imagine puts a real crimp in that owner's day. Another layer of safety is added by the constant presence of both the AAA of Arizona and an able, experienced staff of mechanics; several cars dropped out at one point or another, but most were repaired and sent on their way again. Finally, the Arizona Department of Public Safety provides a cadre of motorcycle troopers to ease travel around the state. Being able to buddy up to a trooper at lunch takes getting used to, but having an official escort adds a certain gravitas to the proceedings. Council Chairman Scott McPherson and his largely volunteer crew have put on this rally for years, and they know what they're doing. All the route details are taken care of; water and snacks are always available on the road, spirits await the drivers at the end of most days, and the dinners are consistently remarkable, including the best rally meal I've ever had, at Tucson's Primo. The lavish final awards dinner, this year at the Phoenix Ritz Carlton, was nothing to sneeze at, either. They've also been known to rent entire towns; this year it was tiny Greer, Arizona. Add to this a luncheon at the Pima Air & Space Museum and an afternoon at the Bondurant School of High Performance Driving, and you begin to get a taste for the variety of experiences the Copperstate provides. Acceptance into the event can be difficult, and an applicant and his car may have to Plan ahead: April 2009 wait a year or two before being able to particpate. Once you get the “Congratulations” letter, however, you become part of a singularly non-elitist group of enthusiasts who are happy to welcome you into the fold. If you like good wine and cigars, so much the better, as they, too, are supplied. In addition to the $5,250 entry, you have to Details Where: Arizona, begins and ends in Phoenix Cost: $5,250 More: www.mensartscouncil.com get yourself and your car to and from Arizona. In between, you get five-star accommodations and dining, great driving in the company of remarkable cars and drivers, and four days of escape from the quotidian. And that can't be bad. ♦ Sports Car Market

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Copperstate 1000 SCMers Gordon & Janet Apker—Scottsdale, AZ 1966 Ferrari 275 GTB Steve & Paula Barber—San Jose, CA 1960 Maserati 3500 GT Stephen & Anthony Bell—Englewood, CO 1966 Maserati Mistral Spyder Louis & Bobbi Bevilacqua—Longboat Key, FL 1959 Jaguar XK 150 FHC Jeffry & Anne Boston—Wheaton, IL 1965 Shelby Cobra 427 Stephen & Camilla Brauer—Bridgeton, MO 1954 Bentley R Continental John & Sonia Breslow—Scottsdale, AZ 1957 Jaguar XKSS Duncan & Judith Burdick—Colorado Springs, CO 1955 Triumph TR2 Colin Comer & Cana Tinkle—River Hills, WI 1966 Shelby GT350 Craig Daste—Luling, LA 1967 Chevrolet Corvette coupe Budd & Laurie Florkiewicz—Scottsdale, AZ 1964 Porsche 356SC cabriolet Bob & Liz Gett—Boston, MA 1970 Maserati Ghibli Spyder Terry & Joyce Giles—Hartland, WI 1966 Chevrolet Corvette convertible Michael Hammer & John Cummings— Los Angeles, CA 1926 Bentley Speed Six Le Mans Bill & Marcy Hammerstein—Beverly Hills, CA 1958 Mercedes-Benz 300SL roadster Creighton Helms & Bob Primmer— Palm Desert, CA 1959 Mercedes-Benz 300SL roadster Jules Heumann & Barbara Pastorello— San Francisco, CA 1930 Hispano-Suiza Billy & Tisa Hibbs—Tyler, TX 1968 Bizzarrini 5300 Strada Donald & Barbara Kaitz—Paradise Valley, AZ 1970 Pontiac Trans Am Andrew Katz & Ro Fleury—Denver, CO 1963 Maserati Sebring Neal & Lillian Kirkham—Saratoga, CA 1961 Alfa Romeo Giulietta Sprint Zagato Norm & Bernie Koglin—Fort Myers, FL 1966 Ferrari 275 GTS Ronald Krolick & Daniel Rowen— New York, NY 1961 Mercedes-Benz 300SL roadster Dale Lillard & Becky Ordway—Phoenix, AZ 1936 Cord 810 sedan Bruce & James Lustman—Denver, CO 1963 Chevrolet Corvette Z06 Larry & Ellen Macks—Owings Mills, MD 1957 Mercedes-Benz 300SL roadster Brown & Sara Maloney—Sequim, WA 1958 BMW 507 Michael Marix & Art Swanson— Rancho, Mirage, CA 1964 Ferrari 250 GTL Lusso Bruce & Sandra Massman—Beverly Hills, CA 1970 Ferrari 365 GTB Mitch & Kim McCullough— Redondo Beach, CA 1970 Alpine Renault Keith & Shannan McLaine—Phoenix, AZ 1969 Ford Mustang Mach 1 Scott McPherson—Tempe, AZ 1972 Lotus Europa Glenn & Mary Lynn Mounger— Bainbridge Island, WA 1959 Ferrari 250 GT Series I cabriolet Stephen & Annie Norman—Edmonds, WA 1955 BMW 503 Robert Paltrow—Armonk, NY 1971 Ferrari 365 GTS/4 Peter & Carol Phillips—Paradise Valley, AZ 1961 Facel Vega HK500 Ronald & Deborah Rader—Los Angeles, CA 1967 Jaguar XKE coupe Rick & Nancy Rome—Dallas, TX 1952 Tojeiro MG Sports racer Bill Scheffler & John Boccardo—Westport, CT / Palm Springs, CA 1960 Maserati 3500 GT James Smalley & Gail Buchanan—Wauna, WA 1971 Ferrari 365 GTB/4 James Speer & Robert Wass— Sherman Oaks, CA 1967 Ferrari 330 GTC Jim Spiro & Jim Lindsey—New Orleans, LA 1967 Bizzarrini 5300 Strada Jack Thomas & Curt Engler—St. Louis, MO 1956 Ferrari 250 GT Boano Tom & Melissa Thornhill—San Rafael, CA 1955 Mercedes-Benz 300SL coupe Dwight & Candace Tyndall—Flossmoor, IL 1971 Mercedes-Benz 280SE cabriolet Herb & Alden Wolfe—Englewood, NJ 1939 Alfa Romeo 6C 2500 SS Corsa Tipo 256 Herbert & Rose Marie Wysard—Fullerton, CA 1957 Porsche 356 Carrera 1500GS coupe July 2008 37

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Ferrari Profile 1967 Ferrari 330 GT 2+2 Series II There was a time when 330 2+2s were the entry-level Ferrari. Now they are too expensive to be donor cars or parts cars by Steve Ahlgrim Details Years produced: 1964–67 Number produced: 1,080 Original list price: $12,000 SCM Valuation: 4-headlight $75,000–$110,000, 2-headlight $75,000–$140,000 Tune-up cost: $2,500 Distributor cap: $450 (requires two) 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: 1971–72 Ferrari 365 GTC/4, 1960–63 Ferrari 250 GTE, Ferrari 456, 1966–68 Lamborghini 400 GT 2+2 Chassis number: 8601 R eporters anxiously awaited the unveiling of the new Formula One car at the annual Ferrari press conference in 1964, but Enzo had a surprise up his sleeve. It was here that he first introduced with great fanfare the commuter's Ferrari—a car that could stand the daily stop-and-go grind, yet pack a full load of excitement on the right kind of road. Penned by Pininfarina, this stylistically breakaway Ferrari 330 GT 2+2 supplanted traditionally aggressive looks with more graceful features. The Series II Ferrari 330 GT 2+2 offered here is finished in its original factory silver coachwork with original black leather upholstery and red carpets. Never having required restoration, s/n 8601 is presented in good all-around original condition and wears its age well. Recent maintenance work includes rechroming of the front and rear bumpers, a new stainless steel exhaust, a full check of all electrics, a front and rear brake overhaul, overhaul of the clutch hydraulics, wheel alignments, new air and oil filters, distributor overhaul, and much more. Mechanically, the car would seem to be in excellent order, its doors closing with the ease that is associated with an unrestored car. It is rare to find a 1960s classic in such original condition, and this Series II single-headlight example will make a very stylish and practical 12cylinder road-going Ferrari that is as useful for everyday transport as it is a high-speed weekend express. SCM Analysis This car sold for $107,250 at RM's Automobiles of Amelia auction in Amelia Island, Florida, on March 8, 2008. While the 330 GT was technically introduced as the replacement for the short-lived 330 America, it was really the replacement for Ferrari's first production 2+2, the 250 GTE. The GTE had been a smashing success for Ferrari. Over 950 units were produced between 1960 38 and 1963, dwarfing the sales of any other Ferrari up to that time and falling just shy of the combined total production of all other 250-series Ferraris. Despite its popularity, the GTE fell victim to prog- ress as manufacturers from Europe and even the United States introduced faster and more modern competition. As a stop-gap measure, Ferrari introduced the 330 America in 1963. The 330 America was basically a 250 GTE with a 330 engine stuffed under its hood and a few other modifications. The 330 America was a formidable attempt to wring a few more sales out of an aging model, but Ferrari needed something more, and the 330 GT 2+2 was their answer. The 330 GT, or, as it is usually identified, the 330 2+2, wasn't just a dressed-up GTE; it was a major improvement over that model. The engine mechanicals were moved forward, the gas tank was moved back, and the chassis was stretched to allow a significantly larger interior. The chassis was also updated, with changes to the springs and shocks for a smoother ride, plus a new 250 GTO-style rear suspension for better handling. The rear end was changed to a quieter unit. The brakes got a tandem master cylinder setup and, of course, it featured the 330 engine and completely new body. The coachwork was designed by Pininfarina and remains controversial to this day. In the first series 330 GT, Pininfarina decided to use the headlights as a design feature rather than just a functional element. He mounted two headlights on each side, then emphasized them with a large brightwork surround. The result was one of Pininfarina's biggest design missteps. There was nothing elegant about the front end; however, the balance of the car was pleasing, if not attractive. Inside the car the interior was noticeably larger than the GTE, with very comfortable front seats and adequate room for two adults to sit in the rear seats. 1967 Ferrari 330 GT 2+2 Lot# 204, s/n 10137 Condition 2+ Sold at $124,059 Bonhams, Gstaad, CHE, 12/19/2007 SCM# 48092 Comps 1964 Ferrari 330 GT 2+2 Lot# 594, s/n 3306T5539 Condition 3Sold at $69,120 Cox Auctions, Branson, MO, 10/19/2007 SCM# 47526 1967 Ferrari 330 GT 2+2 Lot# 566, s/n 7575 Condition 2Sold at $108,000 Cox Auctions, Branson, MO, 10/19/2007 SCM# 47535 Sports Car Market Photos: RM Auctions

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An engine up to the task The heart of any Ferrari is its engine, and the engine in the new 330 GT was up to the task. The 4-liter V12 would never be remembered as a race winner, but as a GT engine it was exceptional. The extra liter of displacement brought an additional 60 horses to the table, but more importantly, it made a major improvement in torque. The 250's impressive 184 ft-lb of torque at 5,500 rpm was handily trumped by the 330's 240 ft-lb at the sweet spot of 3,000 rpm. In real-world terms, it means you can leave a stoplight in top gear without protest and accelerate to top speed without shifting a gear. Ferrari's 1966 catalog showed a new version of the 330 GT, the model discussed here. The unflattering four-headlight nose was replaced with a new, attractive two-headlight version. Other improvements included a 5-speed transmission to replace the overdrive unit, pedals that hung from the dash rather than protruding from the floor, and more attractive vents in the sides of the front fender. The 1967 catalog showed even more improvements, with the addition of optional power steering and air conditioning. A fully optioned 1967 model is considered the most desirable. Ferrari evolution is continuous, and improve- ments do not necessarily follow model or year changes. For example, several of the 1965 updates can be found in late four-headlight examples. Additionally, the break between the four-headlight and two-headlight models does not exactly coincide with the break between 1964 and 1965 year models. The SCM Platinum database lists the subject 330 GT, s/n 8601, as having previously been sold at the spring 2007 RM Maranello auction for $96,000. While this $107,250 sale implies at first reading that the seller made a tidy profit, but after accounting for transportation, duty, taxes, insurance, make ready, interest, and auction fees, a loss of $5,000–$10,000 is more likely. The seller did as well as could be expected The price range for a 330 2+2 runs from $50,000–$60,000 for a scruffy four-headlight driver to $125,000 for an exceptional car. This car was described by SCM's man on-site, Donald Osborne, as a #3 car with needs. The seller did as well as could be expected. Judging by the short time he kept the car, he probably was a speculator and wisely cut his losses. The buyer probably won't see a profit for years and then only if he doesn't get involved in refurbishing the car. Investing in a 2+2 Ferrari is a crap shoot. The more expensive they get, the more options are available to the purchaser. While there may be a limited number of cool $25,000 cars, the pool gets larger with ever more dollars. The more expensive a car gets, the pickier the buyers get. Most 2+2 Ferraris were daily drivers and have had less than a pampered life, especially when compared to their more exotic brethren such as the 250 SWB or the Daytona. High mileage, scarred paint, and shabby interiors are commonplace in the 2+2 models. While these flaws may be acceptable to someone scraping to buy an entry-level car, they are far less acceptable to someone looking for a $100,000 toy. There was a time when 330 2+2s were the entry-level Ferrari. You couldn't buy a Ferrari for less, and they were still a tough sell. As they became donor cars for exotic projects or spare parts for more valuable models, their prices began to rise. Now they are too expensive to be either donor cars or parts cars. You can have your pick of numerous Ferraris for what you have to pay for a 330 2+2, so what drives the market? I suspect that the strong showing of 330 GTs and other two-cam 2+2s has more to do with speculators fueling the market than enthusiasts truly wanting those models. That doesn't mean they won't increase in value, just that the underlying value becomes more questionable as values rise. If there is a correction in the market, expect it to start here. ♦ (Introductory description courtesy of RM Auctions.) July 2008 Seat Time Yale Evelev, New York, NY: I have owned a Series I 330 GT 2+2 (s/n 6097) for the past eight years and have put over 17,000 miles on it. The cars are a load of fun—the noise, the oomph, the way both the exterior and interior of the car look, and the excitement you feel every time you approach the car to go for a drive. The steering is pretty heavy at parking speeds and though these four-seaters definitely don't feel small, the clichés of the car shrinking around you really are true here. They are incredibly capable and have plenty of power. The 2+2 is a great cruiser for highways and big sweepers, and with four seats, it's a very cool family car as well. That said, many 2+2s share the problems found in other cars of the period. After a long drive, I am bathed in sweat, as the engine and exhaust heat are prevalent. I also reek of the old-car oil and gas smell. Then there is the maintenance. I joke with friends that every drive costs me $500, because it seems every third drive results in a $1,500 repair bill. I have fixed the radiator three times and the overdrive twice. I've rebuilt the alternator and the engine, along with the brakes. I've also done the wheel bearings three times, the differential three times, replaced the wire wheels, and it goes on and on to the tune of $6,000–$12,000 a year. Of course, unlike many old car owners I live in a crucible environment for a vintage car—New York City. Every drive for me ends in a traffic jam, either through a tunnel or over a bridge, and then stop-and-go traffic through the city back to my garage. Luckily, a pair of Ken Lowe fans have eradicated the car's overheating problems. Even with all this, the 330 is a thrill, just not a cheap thrill. Hell, some people spend their money on golf or wine and don't end up with a car at the end of the day. ♦ 39

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Sheehan Speaks Michael Sheehan The (Ever Increasing) Sum of its Parts There are also levels of parts problems within restorations. Is “good enough” good enough, or do you want to be correct to period? by Mike Sheehan T hanks to feedback from readers, virtually every column inspires a follow-up column. In “Opening Pandora's Black Box” (December, p. 48), I wrote that “the older Ferraris, from the 512 BB backwards, can be restored by an experienced shop, and virtually any part is or will continue to be available or can be made.” What I left out is the difficulty of finding and the cost of sourcing or making those parts. Parts procurement comes in two levels of complica- tion. Service work, such as an engine rebuild, is a logistical nightmare, as hundreds of parts—24 sets of valves, guides, valves seats, valve adjusters, etc.—are involved. A complete restoration moves the parts nightmare into an all new dimension of misery, as thousands of unobtanium parts must be found or made and then fitted, tested, and approved. In a conversation with Wayne Obry of Motion Products, I asked which older-car parts were a problem. His answer: “Name a part.” Rubber extrusions? Switches? Gauges? Fasteners? Wheel bearings? Transmission gears? Suspension forgings? The list went on and on… Obry pointed out that there are also levels of parts prob- lems within restorations. Is “good enough” good enough, or do you want to be absolutely correct to period? For example, if you want your 330 GTS to have period-looking tires, Coker Tire will sell you a set of Michelin XWX VR-70 14s for $1,800 or so. Want to be period correct and show your 330 GTS at Cavallino, Concorso Italiano, or the FCA Nationals? Then get out your wallet and sign up with one of the parts specialists who will spend many hours, or days, or even weeks going through his contact lists to find the correct non-70 series WXW VR 14s. Expect to spend at least $1,000 a tire to find any of the dwindling number of N.O.S. tires still surviving or, more likely, a set of good used tires. Need a correct ANSA exhaust system for your 330- or 365-series Ferrari? Sorry, Just another $300,000 or so, and it'll be stunning As for mechanical parts, most of the original equip- they do not exist, but a top quality shop will bend up the pipes, make and build up and assemble the muffler baffles and cans, weld on the attachment points, custom fit the whole assembly, and then wrinkle-finish the final product. A massive amount of time and talent are needed, but the finished system will fit your Ferrari in a way ANSA could only have dreamed of, at a cost in the $10,000-range. Period glass was bendable, safety glass isn't Need a windshield for a 375 America or any other limited-production 1950s or 1960s Ferrari? Expect to pay $15,000-plus to have a one-off made up, and don't expect it to fit without drama. The period glass was tempered, and had an amazing amount of bendability, while modern windshields are safety glass, and will not bend. If it doesn't fit, the opening must be redone, at a cost of another $5,000 to $15,000. Need something as simple as a back glass for a 330 GTC (600 built) or a Daytona coupe (1,279 built)? Sorry, they haven't been available in decades, but Tom Shaughnessy has had them made up, in groups of 15 at a time, and they can be yours for a modest $2,000 each. As for the rubber seals for these windshields and back glass pieces, the original equipment rubber had a 9-mm deep slot, while the modern replacement has a 7-mm deep mounting slot, with a net result that today glass wants to sit 2 mm higher. But wait, there's more…. Modern safety glass is slightly thicker than tempered glass, and how much thicker varies from maker to maker, with a net result that fitting Ferrari front or rear glass can quickly become a nightmare. And if it breaks while being fitted, who pays for it? The glass manufacturer, the struggling shop, or the oblivious owner? What do you think? 40 ment manufacturers are long gone, and while current replacement parts may look the same, there is no guarantee that part will fit—or work. Every shop I spoke with had multiple examples of new, remanufactured head gaskets that simply wouldn't seal because they didn't have a proper crush ring, or points that broke, or clutches that would not release at high rpm, or water pump seals that didn't seal because of weak springs; the list went on and on. Adding insult to injury, the very strong euro adds a new level of pain to buying parts that don't work from Europe. Each job has a different set of problems All the shops I spoke with stressed that every major repair job on a pre-Fiat-era Ferrari was a study in prototype work. Each job had a different set of problems to resolve, most jobs were non-repeatable, and just because a shop could find the needed parts doesn't mean they will fit, work, or last. One job might have bad head gaskets, while the next similar job might have soft valves that mushroom, while the next might have valve adjusters that fail. Just name a difficulty. The net result was that customers often felt they were guinea pigs for parts prototyping. Neither the shop nor the car owner wanted to eat the cost of pulling an engine to replace the offending parts, nor was there a guarantee that a new set of replacement parts from another source would be any better. Adding to the complication are engines that have been rebuilt multiple times over the last three or five decades and have been machined too many Sports Car Market

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times. Cranks sit too high in their blocks, block decks were machined so that liners stood too tall, or cylinder heads were surfaced too many times so their dimensions and sealing surfaces were no longer viable without reengineering problems. Modern fuels also brought in a new level of problems by eating up fuel lines, carb gaskets, and accelerator pump and fuel pump diaphragms. Because of environmental costs, something as simple as having the chrome work redone can become astronomically expensive. Chrome work for coachbuilt cars like a 400 Superamerica or 500 Superfast can easily run to $40,000. The simplest parts one could imagine, such as a period 1950s radiator cap, or light switches, or original fasteners—those just don't exist anymore. The good news is that many replacement parts have been time tested and work well. For instance, suppliers such as Piet Roelofs in Holland have made up most of the “go-fast” parts for the 250 and 365 GTB/4 series cars. Bill Young at GT Car Parts sells the best head gaskets and much more. Tom Shaughnessy, as mentioned above, has made up windshields, back glass, and other difficult parts. Ted Rutland has sourced a multitude of O.E.M parts and has 1950s–'60s fuel hoses that work. Matt Jones at Re-Originals has had many parts—with an emphasis on interiors—made up, while Geoff Ohland at Parts Source often finds the impossible. From a personal point of view, I ran a 30-man Ferrari restoration shop for several decades, so I've “been there, done that,” and I know all too well that the parts situation We have what you need—somewhere has gotten much worse since I left the restoration world. In the past decade I've done sales only, searching out elusive and collectible Ferraris for select clients, just like those in the Ferrari parts world seek out elusive parts. Once a car is sold to a new owner, I usually follow the restoration process, and I'm continually amazed at the dedication of those who supply the parts and do the restorations needed to bring these cars back to life. ♦ July 2008 41

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English Profile 1959 Jaguar XK 150S Roadster Jaguar people may argue, but I believe the 150's appeal lies in the “creature comforts” our traveling companions often demand Carl Bomstead Details Years produced: 1957–61 Number produced: 926 150S OTS (catalog stated 880) Original list price: $5,120 SCM Valuation: $140,000–$160,000 Tune-up cost: $750 Distributor cap: $65 Chassis #: Frame, adjacent to rear engine mount & on firewall plate Engine #: Right side engine block above oil filter & on firewall plate Club: JCNA, 234 Buckland Trace Louisville, KY 40245 More: www.jcna.com Alternatives: 1963–67 Austin-Healey 3000, 1959–64 Daimler SP250, 1964–67 Sunbeam Tiger SCM Investment Grade: A Comps Chassis number: VS17159 J aguar's series of XK sports cars established the company's reputation as a manufacturer of goodlooking, fast automobiles sold at a reasonable price. The 1949 launch of the XK 120 caused a sensation and, at the time, its 120 mph top speed established it as the fastest standard production car available. The introduction of the XK 140 in 1955 saw performance increased to a top speed of 140 mph, while rack-and-pinion steering and a host of other minor modifications produced a more modern-looking and -handling car. The XK 150, launched in the spring of 1957, was the last of the traditional 1950s Jaguar sports car before the sensational XKE came along in 1961. Although similar in appearance to its predecessors, the XK 150 was substantially different in many details. While retaining the same basic chassis, 3.4-liter engine, and 4-speed Moss transmission of the earlier cars, the XK 150 was clothed in a new, wider body. Visibility was improved by using a one-piece wraparound windscreen, while a revised fender line and altered radiator grille were among the exterior revisions. Dunlop disc brakes on all four wheels rectified a deficiency that was present on the earlier models and provided all-around performance for the XK 150. A year after the XK 150 was launched, the S model was introduced. This included three two-inch SU HD8 carburetors, a revised Weslake cylinder head, and highcompression pistons. Power was now increased to 250 42 hp and 0–60 could be achieved in a little over 7 seconds. Out of a total production of 2,265 XK 150 roadsters, only 926 were to S specifications and today they are highly prized. This XK 150S has recently undergone a complete res- toration to a high standard and is complete with factory tool roll and fitted leather luggage. A superb example of an attractive car with the most desirable specification, this Jaguar is certain to provide entertaining motoring for its next owner. SCM Analysis This car sold at RM's Amelia Island auction, held March 8, 2008, for $154,000, including buyer's premium. It had been estimated by RM to sell between $140,000 and $180,000, so the final figure was at the low end of their expectations. Venturing into the world of Jaguar XKs first re- quires a review of “Jag-speak.” Jaguar folks are quite particular about how you discuss their favored XKs. In Jag-speak there is no such thing as a “roadster,” as mentioned in the catalog description. The correct terminology is “OTS,” or open two-seater, as the top folds neatly behind the seats. The coupe is an “FHC,” or fixed head coupe, and the convertible is a “DHC,” or drop head coupe, with the top protruding above the body when folded, looking like a black-canvas-covered mattress. 1959 Jaguar XK 150S drophead Lot# 16, s/n B5006608 Condition 2+ Sold at $138,198 Artcurial, Paris, FRA, 2/8/2008 SCM# 51882 1959 Jaguar XK 150S roadster Lot# S694, s/n T831574DN Condition 1Sold at $136,400 Russo & Steele, Scottsdale, AZ, 1/16/2008 SCM# 48545 1958 Jaguar XK 150 roadster Lot# 88, s/n T831291DN Condition 4Sold at $35,200 Keenan Auctions, Portland, ME, 9/30/2007 SCM# 47186 Sports Car Market Photos: RM Auctions

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Disc brakes but no walnut dash This stunning XK 150 was finished in Carmen Red with black leather interior and chrome wire wheels. It had a 4-speed manual transmission with Laycock deNormanville overdrive. It was fitted with fourwheel disc brakes, which were a first for the XK, although it was possible to order an XK 150 with drums. The luxurious walnut dashboard, which had been fitted in the XK 120 and 140, was replaced with leather, and the bulkhead on the roadster was moved back to make it about four inches longer. Exterior changes included widening the hood, using a one-piece windshield, and incorporating a fender line that no longer dropped down over the doors. In a concession to the American market, the XK 150 was also fitted with wind-up windows. The “S” option was introduced in 1958 and was available on all XK 150 models. With the three large SU carbs and Harry Weslake “straight port head,” it produced 250 hp. In 1959, a 3.8-liter “S” version, which provided 265 hp, was introduced; fewer than 100 are thought to have been produced. To put this sale in perspective, a 3.8 XK 150 sold at Gooding's Pebble Beach sale in August 2006 for $269,500, which was thought to be an over-the-top number, while another is currently offered in the Netherlands for €145,000 ($223,000). With each public sale of an XK, the price guides are being revised upward. Jaguar people will argue well into the evening which of the three XKs are most desirable, but the appeal of the 150 is the “creature comforts” our traveling companions often demand; roll-up windows, added length to stretch your legs, and a bit more width make the journey more enjoyable. At first glance, and if you haven't been paying atten- tion to the market the past couple years, the price paid here could lead you to conclude that two determined bidders might have spent a bit too much time in the Florida sun. Further review of recent transactions, however, brings me to the conclusion that the buyer here, while aggressive, bought into an appreciation curve that looks to continue into the immediate future. ♦ (Introductory description courtesy of RM Auctions.) July 2008 43

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Etceterini & Friends Profile 1958 Lancia Aurelia B20GT The historic competition record of these cars cannot be overlooked; they are eligible and welcome just about everywhere by Donald Osborne Details Years produced: 1951–58 (all series) Number produced: 2,640 (all series) Original list price: $6,195 SCM Valuation: $55,000–$110,000 Tune-up cost: $350–$1,000 Distributor cap: $160 Chassis #: Engine compartment on firewall Engine #: Stamped on right side of block Club: American Lancia Club 27744 Via Ventana Los Altos Hills, CA 94022 More: www.americanlanciaclub.org Alternatives: 1959–61 Facel Vega HK500; 1955–57 Aston Martin DB 2/4 Mk III; 1955–58 Alfa Romeo 1900 SS SCM Investment Grade: B Comps Chassis number: B20S1801 D espite the fact the Lancia nameplate continues to exist over one hundred years after it was established in Italy, this builder of fast, refined automobiles is relatively unknown outside sporting circles. Lancia cars competing over the past century have won everything from F1 races to World Rally Championships. Vincenzo Lancia began working as a bookkeeper in an automobile factory, but by 1899 he had become a chief inspector at Fiat. After his prowess as a racer was discovered, he founded Lancia & Cie, Fabbrica Automobili, in 1906. The firm's first car was destroyed by fire, but Lancia persisted and soon was supplying the upper market with technologically innovative automobiles. In the late 1940s, son Gianni Lancia and designer Vittorio Jano unveiled an all-new range of V6 Aurelia models. Powered by a 56-hp, 1,754-cc overhead-valve engine and mated to a 4-speed gearbox integral with the rear axle, the Aurelia range was expanded in 1951 with the introduction of a 75-hp, 1,991-cc B20 Aurelia GT coupe. The B20 proved to be both a commercial and sport- ing success. Following the 2nd Series, the engine was enlarged to 2.5 liters, but the horsepower rating dropped slightly in the 5th and 6th Series. When the 6th Series was introduced in 1958, the V6 engine was rated at 112 hp, yet the maximum speed was maintained at 185 kph (112 mph) and the roadholding was improved thanks to the fitting of a DeDion rear axle. The smooth V6 engine, combined with its well 44 designed chassis, provided the Lancia B20 Aurelia GT coupe with the speed and road-holding capabilities to achieve victories in such well-known world racing events as Le Mans, the Targa Florio, Mille Miglia, and Monte Carlo. The beautiful lines of the coupe were penned by Italian coachbuilder Pinin Farina, and throughout the series production run the subtle curves and flowing lines were further enhanced with trim details. This 1958 Lancia B20 Aurelia Grand Turismo coupe was a California car that was fully stripped, completely disassembled, and then meticulously restored. The coupe's fine Italian lines were amplified by the rich dark blue paintwork and fine, often delicate touches of brightwork and trim. The mechanicals of this B20 were rebuilt by respected restorer and Italian car expert Iggy Franciamore of New York. A similar blend of style and functionality can be found inside. The interior has been completely rebuilt and refinished in rich tan hides, with fresh carpet, chrome fittings, and paint. SCM Analysis This car sold for $129,250, including premium, at RM's Automobiles of Amelia sale on March 8, 2008. It is arguable that the “Gran Turismo,” or grand tour- ing car, had its genesis in sporty, fast yet comfortable cars built in the 1930s, such as the Bugatti Type 57, Bentley 8Liter, and Alfa Romeo 6C 2300. They had all the pedigree of their racing siblings, but could still carry a gentleman and a companion from London to Paris, Paris to Milan, or Rome to Nice. And they could do it without exhausting 1953 Lancia Aurelia B20GT Lot# 229, s/n B202790 Condition 2+ Sold at $137,655 Bonhams, Monte Carlo, MCO, 5/16/2005 SCM# 38551 Sports Car Market 1951 Lancia Aurelia B20GT Lot# 372, s/n B201082 Condition 2+ Sold at $179,000 Bonhams, Sussex, UK, 6/22/2007 SCM# 45866 1952 Lancia Aurelia B20GT Lot# 4571512975, s/n B201598 Condition 3 Sold at $30,200 eBay, 11/1/2005 SCM# 39786

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the driver and rattling his passenger, as well as carry the luggage necessary for them to have evening clothes for dinner on arrival at their destination. But it is an undeniable fact that the fi rst car to carry the initials “GT” was the 1951 Lancia Aurelia B20. Although Pinin Farina regularly gets credit for the shape of the car, it was actually designed by Mario Felice Boano for Ghia, which built the fi rst 90 cars. Partly due to Ghia's lack of production capacity, Pinin Farina and Viotti were called in to supply more cars, and at that point Farina refi ned the design, which then was produced almost exclusively by his company, although some later cars were also built by Bertone and Maggiora on contract to Pinin Farina. Founder Vincenzo Lancia had steadfastly refused to enter his cars in competition in spite of, or perhaps because of, his early experience as a racing driver. After WWII, with his son Gianni now in charge, everything changed. A big fan of motorsport, Gianni was convinced the key to raising the prominence of Lancia was through racing. While grand prix racing was growing in appeal, the star events of the early postwar period were still the great road races, such as the Mille Miglia, Targa Florio, Carrera Panamericana, and Le Mans. They knew they had a world beater With the advanced specifi cation of the new Aurelia, Gianni and his engineers knew they had a potential world beater on their hands. Indeed, the B20GT, on a shorter platform and with enhanced power, proved formidable in production car racing. Shortly after its launch, a slightly tuned B20GT won its class and fi nished 12th overall in the 1951 Le Mans 24 Hours. A limited series of “Corsa,” or race, models were prepared and once again won their class, fi nishing 6th and 8th in the '52 Le Mans race. Lancia achieved 3rd overall in the Mille Miglia, and 4th after Mercedes and a pair of Ferraris in that year's Carrera Panamericana. Success continued through 1953 and 1954 with lightly modifi ed street cars in races and rallies. There were six series of the B20, and their charac- teristics have made for particular preferences. The earliest cars, Series 1 through 3, were the lightest, but are regarded as a bit underpowered (in spite of their competition successes). With the 4th Series of 1954 came a major revision of the rear end, with a De Dion axle and a lower ratio, as well as larger brakes. The 4th Series cars were also the fi rst to offer a left-hand-drive option, as all Lancias to that date had been right-hand-drive only. The 5th and 6th Series are much more oriented toward touring, with lower compression and a softer ride. Most Europeans prefer the earlier cars, such as the 2nd Series B20 sold at the Bonhams Rétromobile sale in February (SCM# 63030), while many consider the 4th Series the ultimate B20GT, as it has a balance of the early car's lightness with increased power and the later model's improved suspension. Superb vintage rally cars and the fi rst “GT” Most common in the U.S. are the later 5th and 6th Series models, which are frankly more suited to our style of highway cruising. One of the key factors in the Aurelia's popularity today is its event eligibility. Note, however, that in spite of the auction company's copy, unless you are extremely well connected, it's unlikely that a 1958 6th Series car would be admitted to the Mille Miglia Storica, which has a production cutoff of 1957. The car sold by RM was a good, but not great, example of the model. It was well painted, with good panel July 2008 fi t. It seemed to run well but was let down by several areas, which included an interior that was not trimmed correctly and, more notably, rather poor bright trim. Nevertheless, the historic importance of these cars cannot be overlooked and (Mille Miglia Storica aside) they are eligible and welcome just about everywhere. As vintage rally cars they are superb performers and are as comfortable as you would expect the fi rst GT to be. Combine that with a timeless shape, and it's no surprise that values have been rising steadily. Not long ago, the price achieved by this car would have bought a concours-level example. Now, it has to be considered market-correct for a car with no serious needs. ♦ (Introductory description courtesy of RM Auctions.) Seat Time William Corke, Surrey, England: I have owned my 6th Series B20 (s/n B203894) for three years. It's a 1957 RHD model originally sold in Italy, and I bought it after many years of driving “lesser” Lancias and Alfas. The B20 is a legend in Lancia circles, and having now lived with one for a while it seems to me their exalted reputation is more than deserved. The car is practical, beautiful, and enormous fun to drive. The build quality of bot the body and mechanical parts is truly exceptiona nal. It's something ng like a sports car when you want it to be, but is refined enough to not be tiring or deter sybaritic friends or partners from long drives. You can get your kids in the back; my daughters love to ride there. My car was road-tested by Autocar magazine in 1976, at which point it had reportedly covered over 300,000 miles. Thirty years later, its original matching-numbers engine—uprated at the time of the Autocar test to deliver about 150 hp—is still going strong. There's not a profusion of specialists out there, but in the U.K. we are quite well served. It's worth singling out Omicron Engineering as an essential source of parts and generously given advice for owners worldwide. Ed Godshalk, Newberg, OR: My 1954 Lancia Aurelia GT suffered a serious accident in August 2007. I had put over 30,000 miles on it since 1991, which made the crash even more shocking, since I was intimately familiar with the car's handling, and had performed regular maintenance on systems like the brakes, tires, and steering. My friend Rick Warner and I were traveling on a Godshalk's B20, shiny side down straight section of road doing about 50 mph, and I applied the brakes for a left turn. The rear of the car suddenly felt like it was lifting and moving to the right. I released the brakes to abort the stop and regain control, but the Lancia continued to veer left as the rear swung out. I steered into the skid, but the car did not respond. The road was narrow, and we quickly ran out of pavement and plunged off the gravel shoulder down to the ground about six feet below. The front right corner of the car hit, causing it to flip upside down and spin around at least once as we crashed through a grove of tall brush. We came to a stop with both of us hanging from our safety belts. We were both stunned but unhurt and able to get out of the car quickly to stabilize the situation. It is worth noting two facts that improved our chance of survival: We were both wearing seatbelts, and even though they were only lap belts, they held us in place. Also, the doors were locked. I firmly believe that having the doors locked into place during our accident improved the strength of the car by preventing them from being jolted open on impact. If a door is sprung open in a rolling car it is quite likely that you will lose a limb, or worse. Following a postmortem of the accident, we discovered the bracket that held the front of the right rear leaf spring to the car had broken loose. It was determined that the two plug welds that held the bracket to the bottom of the car were defective from new. The defect was doomed to failure at some point; it just took 53 years and nearly 60,000 miles for it to happen. The failed bracket caused the right rear wheel to turn outward as the half-shaft swung backward due to the braking action on the wheel. The right rear wheel then tucked under the car and created the lifting sensation. A chassis engineer summed it up this way: “When suspension fails, everyone hits the wall.” I will always be grateful to have come away unscathed, and I now urge other vintage enthusiasts to be vigilant with their cars, as even well-built machines like the Aurelia can fail due to fatigue or defective welds made decades ago. It is not all gloom and doom, however. Of all the vintage cars I have driven, the Aurelia is one of the very best, and it was a dear friend to me. I have begun prepwork on another for historic rallying, so perhaps next time I'll have a happier tale to tell. ♦ 45 Corke's B20 at bath time

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German Profile 1955 Mercedes-Benz 300S Coupe Stuttgart's choice of pre-WWII, 540K designer Hermann Ahrens masked brilliant new engineering with an image of the past by John Olson Details Year produced: 1951–55 Number produced: 216 Original list price: $12,500 SCM Valuation: $130,000–$220,000 Tune-up cost: $1,500 Distributor cap: $89 Chassis #: Right side of firewall Engine #: Left side rear of block Club: Mercedes-Benz Club of America More: www.mbca.org Alternatives: 1954–58 Facel Vega FVS, 1953–57 Jaguar XK 140 coupe, 1952–55 Bentley R-type Continental SCM Investment Grade: C Chassis number: 1880115500020 M ore expensive than the 300SL sports car and almost double the price of a contemporary Cadillac, the Mercedes-Benz 300S was one of the world's most exclusive automobiles. Elegantly styled in the prewar manner, yet technologically up to date, the 300S was built to the Stuttgart firm's uncompromising standards. Such conservative luxury produced predictable results: Only 760 300S/Sc cars left the factory between 1951 and 1958. The 300S was a short-wheelbase derivative of the 300 saloon, one of Mercedes-Benz's first all-new designs of the postwar era, which had debuted at the Frankfurt Auto Show in 1951. The 300 re-established Mercedes-Benz in the front rank of prestige car manufacturers. Although Mercedes-Benz would adopt unitary chas- sis/body construction for its lower- and mid-priced cars as the 1950s progressed, the retention of a traditional separate frame for the 300 family enabled a variety of coachbuilt body types to be offered. The 300's cross-braced, ovaltube chassis followed the lines of the 170S and 220, with independent suspension all round and four-wheel drum brakes, but incorporated hypoid bevel final drive, dynamically balanced wheels, and driver-activated front suspension and clutch lubrication. We are advised that this 300S coupe has enjoyed only three owners and covered a mere 64,000 miles from new. In the vendor's hands since 2006, it benefits from thorough servicing and extensive refurbishment carried out that same year by his personal mechanic. The refurbished interior retains a delightful original patina, while other noteworthy features include a clock, Becker radio and electric antenna. The car is offered with sundry invoices, assorted origi- nal and period documents, original Hirschman warranty booklet, original Becker warranty booklet and address list, instruction manual, a photographic record of its re-commissioning (on CD), and Belgian registration papers. 46 SCM Analysis This car sold for $216,775 at Bonhams's Paris Rétromobile auc- tion on February 9, 2008. Daimler-Benz surpassed its pre-1940 annual high of 28,000 vehicles just three years after resuming production following the war, though few were sold in the U.S. The new 300 series was launched in time for the 1951 Frankfurt and Paris Auto Shows. Forty-seven 300 sedans, one four-door convertible, and two 300S twodoor coupes were completed that year. They were 100% new, with fresh tooling for the body, chassis, engine, and suspension—a massive undertaking for the recovering company. Engineering was brilliant, and with a normally aspirated 3-liter straight-6, the cars achieved the same top speed (100 mph) and acceleration using half the fuel of their pre1940 5.4-liter supercharged straight-8s. They also shed a ton from their predecessors' weight. Unfortunately, the 300 proved to be a sales and financial disaster. For all its innovation, quality materials, and craftsmanship, the 300s sorely lacked essential 1950s luxuries—power steering, automatic transmission, air conditioning, power seats, and power soft tops. Stuttgart's choice of pre-WWII 540K designer Hermann Ahrens masked the new engineering with an image of the past. The 300S was the antithesis of the 300SL and 190SL, and it was hard to believe they came from the same company. Total production was only 13,000 cars in eleven years. By comparison, Cadillac, with all luxuries and up to 100% more horsepower, averaged 100,000 sales each year. Rarer than the 300SL Gullwing coupes One by one, Mercedes added “American” features, almost all invented in the U.S.—Bendix power brakes, BorgWarner automatic transmissions, and dealer-in- Sports Car Market 1955 Mercedes-Benz 300Sc Lot# 1283, s/n 18801145500012 Condition 3+ Sold at $235,000 Barrett-Jackson, Scottsdale AZ, 1/12/2008 SCM# 48618 Comps 1956 Mercedes-Benz 300Sc Lot# 53, s/n A1880145500024 Condition 2 Sold at $286,000 Gooding, Pebble Beach, CA, 8/18/2007 SCM# 47100 1954 Mercedes-Benz 300S Lot# 142, s/n 1880104500025 Condition 1Sold at $214,650 Bonhams, Monte Carlo, MCO, 5/21/2007 SCM# 45727 Photos: Bonhams

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No mention of trophies, essential for a #1 car Coupes began to appreciate during the 1990s. Better examples passed $100,000 but rarely topped $150,000. As recently as spring 2006, Mecum sold a black 1957 300Sc coupe in similar condition to this Paris car (shown here with incorrect luggage) for $150,000. I believe $216,775 for this older, carbureted variant is a record. Was this a good buy? I'd say not. Close examina- tion of description and photographs suggests a strong condition #2 car with no mention of trophies, which for me are a requirement for condition #1. Still, as a famous auctioneer once said, “You never pay too much for a great car, you just pay it too soon.” These are great cars, so the buyer has time on his side. The purchase may look very astute in five years. If you've got one you're thinking of selling, be aware stalled a/c supplied by Arctic King of Texas. But when Mercedes added a little more power, Cadillac added a lot more. When the dust settled, only 560 Mercedes 300S cars were sold between 1951 and 1955, while 200 Sc cars were sold from 1955 to 1957, making them rarer than the 300SL Gullwing coupes. Many of the world's most coveted collector cars have been poor sellers, which bizarrely guaranteed exclusivity. Negatives when a car is new may be catnip to collectors, and styling may be seen in a different light 50 years later. The scale and proportions of Ahrens's 300S were his final answer to a down-sizing trend that continued though the 1930s; the most famous 540K Special Roadster had a 131-inch wheelbase, but by 1939, that had shrunk to 119 inches. While appearing huge, the 300S wheelbase is only Seat Time Jorge Carlos Fernandez Frances, via email: On a trip to Europe in 1956, my grandfather 114 inches. Its proportion of glass area to hood length, the shape of the roof, and the tire size all create the look and feel of a much larger car. Mercedes-Benz engineering and craftsmanship would seem to guarantee collectibility. With few exceptions (such as the Gullwing), open cars appreciate first and most, followed by special versions such as woodies, limited high-horsepower editions, and coupes. Sedans bring up the rear. This “pecking order” is also very pronounced between the S and Sc. The Sc (all bodies) have always achieved markedly higher prices because they are rarer and, frankly, improved cars. Not to downgrade the S; its styling is identical except for subtleties such as the use of rubber bumper pads only on the S and chrome wheel arches only on the Sc. Mechanically the Sc sports the 300SL's direct-block fuel injection, a 14-quart drysump oil system, and low-pivot single-joint rear axles, which bumped power from 163 hp to 200 hp and assured negative-camber cornering. All else being equal (which it never is), Sc models often bring a 25% to 33% premium. Most collectible cars suffer a few decades when they are shunned by modern car consumers and ignored as too young by old-car enthusiasts, and 300S and Sc coupes have followed the rules. They remain in the shadow of the slightly rarer open 300S and Sc roadsters (fully disappearing top) and convertible (with landaulet bars and lined top that is too bulky to fold flat). One upside is that, due to support by the Mercedes- Benz Classic Center, it is easier to get replacement parts for an older Mercedes than any other car on the road. It's hard to get a GM-supplied wrap-around windshield for your 1953 Cadillac Eldorado, but your local Mercedes-Benz dealer will have a new curved 1953 300S windshield in 48 hours. July 2008 47 purchased the 300Sc (s/n 6500028) new in Germany and brought it back to Mexico. In 1968, he gave it to my father. I only remember two trips in the car with my father. My first was to Zihuatanejo to see an eclipse when I was nine or ten. Years later he drove my sister to her wedding in it, and the 300Sc still looked gorgeous. But he preferred his sports cars, and we really didn't use it much. I do recall him saying, “This car is built like a Panzer. You can drive it to Patagonia without having it break.” When my father passed away in 1996, my mother gave me his cars, including 300Sc. One Thursday morning in 2004 a great friend called me up and said, let's do the California Mille. It was just days away, but of course I said yes. I walked to the garage and looked over my cars. Tucked away in the corner I saw the big Mercedes. If it could get me to Patagonia, surely San Francisco was no problem. That night we started the drive north from Mexico to San Francisco for the Mille. Through Monterrey and Laredo, then north across the border to San Antonio and west to El Paso. Lordsburg to Phoenix to Blithe and finally up to San Francisco. We stopped only for fuel, check-ups, and driver changes. We cruised the whole way at about 70 mph amid the fantastic woodwork and soft leather “sofas,” the engine flawless and purring ahead, the plush suspension superb, and no shortage of waves from happy kids as we went. Chrome shining in the sunlight, and we felt like royalty. Fifty-two hours later, we arrived at the Fairmont in San Francisco, just in time to start the Mille the next morning. Great car, that 300Sc.♦ that buyers for these cars are as rare as the cars themselves. For a car and an eligible buyer to find each other takes patience, and lowering one's asking price to attract a buyer is often money wasted. In fact, high-end auctions are often the ideal way to get the word out and speed the matchmaking process, as the Bonhams result demonstrates. ♦ (Introductory description courtesy of Bonhams.)

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Porsche Gespräch Jim Schrager Putting a Price on Feelings How anxious is the seller to sell? Is he emotional, ready to bail out? How anxious is the buyer? Has he just missed a similar car? Porsche Gespräch / Jim Schrager V arious Porsche talk boards are buzzing with complaints about the usefulness of price guides for early 911S cars (1967–73). About how the prices are too low, the guides are silly, and the magazines that publish them are stupid. I'd like to say hang on just a minute. You cannot accurately measure prices when an organized market does not exist. Although old cars are bought and sold every day, that does not an organized market make. A market requires standardized, fungible goods and an orderly central clearing house; for example, shares of stock on the New York Stock Exchange or tons of lead on the London Metals Exchange. We have neither requirement in the old car business, with nearly unique goods and the complete lack of a central exchange. In addition, we have cross-border transactions with wildly fluctuating foreign currency exchange rates, which can markedly skew prices. I recently saw a very decent 1971 Porsche 911T sell for $15,000. It was a driver, with no serious rust; the color had been nicely changed to red from silver; the seats were good but the carpet was not original; the car ran well but leaked oil; the wheels were 14-inch Fuchs instead of the more desirable 15-inch alloys. It was a hobby car, a project car, a car to drive and enjoy. Nothing horribly wrong with it and nothing especially special about it. I also recently saw a near-perfect (and I don't use that term lightly—remember, Porsche Club concours are judged on a 300-point level rather than a more obvious 100-point scale, with tenths of points frequently noted, just to prove how thoroughly a car is inspected) 1971 911T sell for $75,000. It was a national concours winner in great colors with original paint and low miles. It was a car most people would be afraid to drive, it was that nice. Extremes at both ends of the scale I recently bought a complete but rusty 1969 911T (which is very similar but not quite identical to a 1971 911T) for $1,000. Even assuming I got a good deal on the parts car and should have paid $5,000, we have a range of 1,500% between low and high values. The parts car didn't run and was incomplete and rusty, so looking just at the two running 1971 911T cars, the difference was a measly 500%. So let's write our price guide for 1971 911T cars: We can set the top, for now, at $75,000. Where do we set the bottom? $5,000 for a parts car? Then we have a range of $5,000 to $75,000. Or do we use $1,000 to $75,000? Does that help you value a 1971 911T? Lately, I saw a very nice, original 1967 911S Soft- 48 Rear-Window Targa sell quietly for $110,000. I also looked at a rusty, damaged 1967 911S SRW Targa parts car without its original engine, the soft window parts, or wheels, for $4,000. How do we set this range? From $4,000 to $110,000, or an over 2,500% difference from low to high? Clearly, condition of the car is paramount in judging value. Because we lack an orderly 1971 911T, what's the value range? central clearing market and fungible entities to trade, it is not possible to value cars as the NYSE prices stocks. But SCM has tried to do the best we can. If you read the notes to our price guide, prices are estimated for #2 condition cars; that is, strong drivers with no glar- ing flaws. I have noted that #1 cars can double the prices cited. Obviously cars in lousier condition bring less. Less obvious is that cars “above #1” condition, due to provenance, concours wins, extra low miles, unusual originality, and so on, can bring another additional premium. All these rules apply only to street cars. Race cars have their own special issues. The best a price guide can do, especially in these wild times, is to set a relative scale between models of the same marque. For instance, does a 911E sell for a price right in between the 911T (one model lower) and the 911S (one model higher)? Generally not—it has sold closer to a T than an S. How much of a premium, in general, does a 911S bring over a 911T? About twice, right now. But of course, there are exceptions. Price guides can't capture emotional reasons Many things matter in the price of a vintage Porsche that can never be captured by a price guide. How anxious is the seller to sell? How hard will he work to make the car go away? Is he emotional, ready to bail out? Or is he very patient, willing to wait to find that perfect buyer? How anxious is the buyer? Has he just missed, by one hour, a similar car that he really wanted to buy? How emotional is the buyer? Does he have a bunch of other cars, or will this be his first special car? How hard is he willing to work and how long is he willing to wait to find the right car, and price? How about the value of a special color? I recently bought a 1960 356B in the highly unusual colors of Fjord Green (essentially British Racing Green with a hint of gray) with a light gray leather interior. These colors are rare and to me stunning and would cause me to pay more. But what if you don't want a green Porsche? No price guide can ever factor in these items, and over many years of both buying and selling vintage cars, I can tell you these—and many other issues—make a huge difference. One of the best parts of the old car hobby is the emotion we all feel when we buy, drive, and enjoy our vintage cars. There is no way to put a price on that feeling. While price guides can give you some information, I'm not quite sure why anyone would want to take all the fun out of this pursuit by insisting that all our unique old cars were in fact commodities subject to an exact worth, quickly and accurately measurable on a neatly organized page. Doing that would turn our personal prized possessions into the equivalent of a fleet of 2005 silver Toyota Corollas. Nothing could be further from the essence of my 1960 Fjord Green Porsche 356B than a silver Corolla, even if we measure both their values in the same units, dollars. ♦ Sports Car Market

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American Profile 1963 Dual-Ghia L6.4 Coupe If the Chrysler-powered Facel-Vega is a French Imperial, consider the L6.4 a Mopar Maserati by B. Mitchell Carlson Details Years produced: 1960–63 Number produced: 26 Original list price: $13,500 SCM Valuation: $200,000–$225,000 Tune-up cost: $150 Distributor cap: $12 Chassis #: Plate in driver's door hinge pillar Engine #: Upper right side of engine block behind water pump Club: Dual Ghia Vehicle Club (formerly the Dual Ghia Registry) 29 Forgedale Rd Fleetwood, PA 19522 Chassis number: 0313 T he brainchild of Eugene Casaroll, the ItalianAmerican hybrid known as the Dual-Ghia was largely based on the Ghia-designed Chrysler Firearrow, a concept car for which he acquired the production rights. Luxurious and extravagant, it had the longest production line in the world—from Detroit to Milan and back—as it utilized an American drivetrain and Italian coachwork. Sales were modest, however, and in 1960, a rede- signed coupe version appeared in Paris, spearheaded by the American Ghia agent Paul Farago, with little input from Casaroll. It had every imaginable amenity, including fitted luggage and luxurious styling, and the public response to the largely hand-built L6.4 was encouraging. The car continued to use a Chrysler V8 engine—a 383-ci unit—but the construction was almost entirely conducted in Italy, making this version more of an import than before. Fewer off-the-shelf parts were used, and with high-quality materials, the price skyrocketed to an astronomical $13,500. Just 26 examples were produced between 1960 and 1963, many of which were acquired by such celebrities as Frank Sinatra, Lucille Ball, and Dean Martin. This gorgeous L6.4 coupe spent most of its life in South Africa. As supported by a complete binder of documentation, history, and literature, it received a comprehensive body-off restoration some years back. Since acquiring the L6.4, the seller had it repainted and the interior leatherwork repaired, the quality of which is superb. The maroon metallic finish is immaculate and is tastefully complemented by flawless chrome wire wheels shod in Vogue dual gold stripe tires. The engine bay is clean and tidy, showing no obvious signs of dirt, grime, or grease. A fabulously running and driving example, this ultra- rare Dual-Ghia is a wonderful collector car and a fantastic Italian-American hybrid whose character is as rooted in Turin as it is Las Vegas. 50 SCM Analysis This car sold for $275,000 at RM's auction of the Wayne Davis Collection in Dallas, Texas, on April 19, 2008. Most Mopar fans have heard of Dual-Ghia, largely because of celebrity ownership. However, even diehard fans who could tell you the wrist pin size in a 1963½Max Wedge 413 would be hard-pressed to say exactly which engines were used in any of the Dual-Ghias. They have been something of an odd duck in collec- tor car circles, a novelty for the Chrysler collector who has one of everything else. Performance enthusiasts have generally dismissed D-Gs as overstuffed Plymouths without a racing pedigree or parts support, aside from a powertrain one might find in a school bus. Up until this sale, they've been under-appreciated by the market as well. Unlike the first generation Dual-Ghia, the L6.4 was exclusively a coupe (technically it's a Ghia L6.4, as only the prototype wore a Dual-Ghia badge). More importantly, however, it led the styling parade for Chrysler, rather than following it like the first series. The L6.4 displays future Mopar styling cues, such as the “fishbowl” back window and general door glass profile of the first-generation Barracuda, scalloped taillights akin to the 1961 Dodge, and upper rear quarter panel overhang from the 1961 Plymouth. The L6.4 was also a little more congruent as far as overall execution was concerned. While using far fewer parts from Mopar, barring the powertrain and the 1960 Chrysler convertible windshield, several of the components were premium upgrades. These include a Nardi wood steering wheel instead of a '56 Chrysler wheel and Jaeger gauges instead of '56 Dodge bits. More like a Ferrari Superamerica The low body profile is well accentuated by the fastback greenhouse that would be lost with a drop top. The original generation carried more of an upright, Sports Car Market Alternatives: 1959–61 Facel-Vega HK500, 1961 Chrysler 300G 2-door hard top, 1960–63 Ferrari 250 GTE 2+2 SCM Investment Grade: C Comps 1958 Dual-Ghia convertible Lot# 415, s/n 128 Condition 3Sold at $199,500 Bonhams & Butterfields, Carmel, CA, 8/17/2007 SCM# 46234 1956 Dual-Ghia convertible Lot# 646, s/n 111 Condition 2 Sold at $127,440 Barrett-Jackson, Scottsdale, AZ, 1/22/2004 SCM# 32461 1962 Dual-Ghia L6.4 coupe Lot# 500, s/n 31100P Condition 3Sold at $50,000 eBay/Kruse, Las Vegas, NV, 5/31/2002 SCM# 28655 Photos: RM Auctions

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opulent look—like that of a drophead Bentley—while the second-generation coupes imply sportiness, more like a Ferrari Superamerica. Note that I used the term “imply” sportiness. While Chrysler had perhaps the best handling suspensions of the Big Three on a full-size body of this era, the greater weight of a Ghia dooms it when going head-to-head against most European contemporaries. The big-block Mopar would give an E-type a run for its money on the straights, but the Jag would be all over the L6.4 in the twisties. Although a manual transmission was ruled out, one wise diversion from Chrysler was the use of an actual shift lever—albeit more of a toggle switch—in lieu of Mopar's jukebox buttons on the dashboard. Facel-Vega, another Euro/Yankee hybrid, kept the push-button (its handling was worse as well, even with more potent engines). Build quality was vastly superior on the Ghia, too, especially the almost exclusively Italian-assembled L6.4. To sum it up, if the Chrysler-powered Facel-Vega is a French Imperial, one should think of the L6.4 as a Mopar Maserati, built three decades before an Italian-American hybrid named Iacocca made the same connection on a K-car basis. While being the recipient of a competent older resto- ration and more recent freshening up, a couple of aspects of the Davis car are “cornball.” These include the semicrude straight exhaust outlets pointing out a few inches beyond the rear bumper like a '69 Road Runner with a $200 dual exhaust job from the Mac's Mufflers, and those ghastly Vogue tires. However, the 1950s vintage repop wire wheels don't look out of place, despite the fact all L6.4s were fitted with custom-spun chrome-plated brass wheel covers from new. Considering that making a set would likely be the only way to get a set, using an $1,800 set of current wheels can be forgiven. It's time to adjust values The price of this car probably took the market by surprise, which means it's time to adjust values. First of all, the global collector car market is currently quite strong, especially for “world-class” cars like this with its dual citizenship. The exclusive, hand-built nature of its manufacture is the second factor. Unless you're at a Dual-Ghia Registry function, the chances of two being at a show are very low. This leads us to a third factor—appeal to multiple outlets and collector interests. Collectors of European luxury, European sports, American specialty, and even toprung muscle cars can all make an argument to own one of these. Fourth, it's a form of rolling art, an example of period modern, which carries well into the 21st century. And the celebrity status of the car still has long legs in 2008, especially as a favorite of Rat Pack members. At three times the selling price of production luxury cars when new, one had to be a high roller just to get one. It was truly an extravagant styling statement. The fact that the Dual-Ghia, Dean Martin, and Frank Sinatra are all Italian-Americans is part and parcel of the car's appeal. Finally, it is one of the most exclusive cars out there. There are more Ferrari 250 GTOs than L6.4s, and while an L6.4 would not qualify for one-tenth of the events that a 250 GTO would, it will certainly attract attention at a concours. The L6.4 is also ideal for such rallies as the Copperstate 1000, where you can actu- ally run the event with only a lube, oil, and filter change as preparation, rather than a $20,000 “servicing.” And it will be a pretty cheap bill if something starts making bad noises underhood. The fact that this car is turn-key as it sits, with just minor detailing to be concours, helps justify the price. Bringing back a derelict example will likely cost this much, but where do you find one of the other 25 cars to restore? All in all, it's not a case of “Was this car worth this price?” Rather, “What took it so long to get there?” ♦ (Introductory description courtesy of RM Auctions.)

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Domestic Affairs Colin Comer Fangs for the Memories The Shelby influence is very much evident on the Viper, and he is considered one of the car's “four fathers” the market. Dodge had a new cast-iron 488-ci V10 for its pickups, and they used it on the second prototype Viper with a 6-speed transmission. Engine developed by Lamborghini Lamborghini, owned by Chrysler at the time, was enlisted to develop an aluminum version of this V10 for the production Viper. Thinking outside the box to get the car built, “Team Viper” was born—a team made up of car guys and racers who were able to bring the first production Viper to market in about 30 months. Led by chief engineer Roy Sjoberg, Team Viper was the beginning of the platform concept that Chrysler still uses successfully to this day. The Viper came to market in 1992 for $52,000, with 1992 roadster, raw by design T he discontinuation of several Chrysler models to help stop the corporation's financial bleeding is no secret. Rumors abound about Dodge's Viper being on this list, and numerous Dodge “insiders” claim the Viper will be discontinued after 2009. Has the Viper been a resounding success, merely in danger of corporate cost-cut- ting, or would its termination brand it as a failure? To make that determination, let's look back at the Viper's history to see if it has stayed true to its original goal, and how Vipers have fared in the marketplace. In the dark days of K cars and minivans at Chrysler, the Viper was a dream car from former United States Marine fighter pilot Captain Robert Lutz. Lutz “transferred” from Ford to Chrysler in 1986, yet still drove his 1985 Mk IV Autocraft Cobra to work at Chrysler. Lutz, well-known car guy extraordinaire and longtime friend to SCM, was no doubt irritated that Chrysler had nothing even remotely as exciting as his Cobra. Building a modern Cobra As a friend of Carroll Shelby's, Lutz wanted to build a modern Cobra—two seats, big engine, rear-wheel drive, no cupholders, no a/c, no cruise control, and no Corinthian leather. Anyone who considers a Viper without taking its original mission into consideration is missing the point. The USMC boot camp and training program may be the toughest in the world, so Marine/car guy Lutz's dream car was liable to be unforgivingly spare. Lutz also enlisted his co-workers at Chrysler—design head Tom Gale and chief engineer Francois Castaing. Consummate car guys themselves, Gale and Castaing had already been working on a two-seat roadster concept called “Big Shot.” The decision was made to introduce a concept car at the 1989 Detroit Auto Show to see if anyone would actually buy a modern-day Cobra from Dodge. Lutz wanted to retain some “snake heritage” while naming the new car but rejected Python and Sidewinder to settle on Viper. The overwhelming response from the Detroit show proved him correct about the market. The problem was how to sell a car with an estimated build cost of $70 million to the brass at Chrysler, including Chairman Lee Iacocca. Remember, this was in the post-bankruptcy days, when Chrysler's finances were still partly controlled by bankers. Who better to sell a modern day Cobra to Lee Iacocca than Carroll Shelby? Shelby was brought into the project by Lutz, and Iacocca trusted Shelby. The Shelby influence is very much evident on the Viper, and he is considered one of the so-called Viper “four fathers,” along with Roy H. Sjoberg, Gale, and Lutz. Lutz was adamant the Viper's powerplant had to be bigger than anything else on 52 400 hp from the 488-ci V10. Two hundred were sold in North America, plus another 85 export cars. They were a huge success, even with rampant dealer mark ups. In 1993, 1,043 were built, followed by 3,083 in 1994—the year air conditioning becoming available. For 1995, 1,577 were built and a factory hard top was marketed. This was the Viper's first generation, known as the RT/10. In 1996, Dodge unveiled the Viper GTS, a coupe with styling loosely based on the Shelby Cobra Daytona coupe. The RT/10 roadster was still available and 721 were built, now with 415 hp. The coupe boasted 450 hp and had rear-exiting exhaust rather than sidepipes. For 1996, Vipers added outside door handles and NACA ducts on the hood for the coupes; ABS came along in 2001. The cars from 1996 to 2002 are considered second-generation Vipers. The Viper was given a complete redesign in 2003 to begin its third generation. Renamed the Viper SRT-10, with 505 hp and a/c but still devoid of other creature comforts, it was now a true convertible, with no coupes built. In 2006, the Viper coupe returned for one model year before the Viper went on hiatus in 2007. Cautious critics treated with scorn For 2008, the fourth-gen Viper, available in both coupe and convertible form, boasted an 8.4-liter V10 with 600 horsepower. When automotive writers at a press day commented on the dangerous nature of a 600-hp car with no electronic driver aids, original Team Viper engineer Herb Helbig responded scornfully, “Your driver's aids are attached to your ankles.” Like significantly more expensive exotics, the Viper's low build volume has caused six of the 16 model years to appreciate already, though few have come to auction. Low-mile “in the wrapper” 1992s can bring $80,000 or more. First-year GTS coupes with low miles can fetch $65,000. Blue and white RT/10s from '97 bring over their original MSRP, and the 100 GT2s of 1998, with an original MSRP of $85,000, bring from $100,000 to $150,000, depending on mileage. Low-mileage 1999– 2002 American Club Racer editions are good for more than MSRP, with the Holy Grail being the 2002 “Final Sports Car Market

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Edition” ACR. For the time being, you can walk into a Dodge dealer and order a new 600-hp Viper the way you want it. Just remember, no cupholders and no electronic driver aids—a modern-day Cobra true to the original plan. Lutz, now with GM, just brought to market a new Corvette with 638 hp, spurring his old buddies at Dodge to develop a new ACR that is reportedly significantly faster than a stock 2008 Viper. The horsepower wars rage on, bean counters be damned. Popular “halo” car 16 years later So is the Viper a success? From a marketing perspec- tive, ask any of the 25,000 Viper owners if they had ever walked into a Dodge dealership before 1992. Or ask them how many other Dodge products are sitting in their garages because of the Viper. Ask Chrysler how many times it won Le Mans or an FIA Championship before the Viper came along. From an enthusiast perspective, how many cars in the early 1990s excited us like the Viper? Factory and club support? The Viper Club of America is one of the nation's largest and most successful car clubs, enthusiastically supported and funded by Dodge. I'd say having a “halo” car that is as popular today as it was 16 years ago is successful. The Viper may be perhaps the most misunderstood modern supercar. It is a car built exclusively for people who appreciate affordable, raw American horsepower packaged with a lack of refinement. Lutz has often been quoted as saying about the Viper that Dodge “needed a car that one out of three people hated, one out of three didn't know what it was, and one out of three people absolutely had to buy it. If we can get 1/3 of the market of people who absolutely have to buy our cars, we hit a home run. If people say it's a nice car, we haven't got a chance.” Makes sense to me. ♦ 2008 coupe a/c doesn't tame 600 horsepower July 2008 53

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Race Car Profile 1972 Ford Escort RS1600 Rally A Kenyan safari guide tells of this car landing so nose down that everyone thought it was going to go end over end by Thor Thorson Details Year produced: 2007 Number produced: 2 Original cost: $250,000 SCM Valuation: $125,000–$180,000 Cost per hour to race: $5,000 Chassis #: Plate on top of radiator support Engine #: On block by distributor Club: Historic Rally Car Register More: www.hrcr.co.uk Alternatives: 1969–77 Porsche 911, 1970–72 Datsun 240Z, 1969–73 Alpine Renault A110 (rally versions) SCM Investment Grade: C Comps 1972 Ford Escort Mexico Lot# 315, s/n BFATMC70033 Condition 1 Sold at $51,359 Bonhams, Stoneleigh, UK, 3/15/2008 SCM# 115967 Chassis number: BFATMS00041 T his 1972 Ford Escort RS1600 Mk I comes to auction directly from the finish line of the Kenya Airways East African Safari Classic rally, where it was driven to victory by triple Safari winner Bjorn Waldegard and his son Mathias. One of only two such Escorts prepared by Historic Motorsports in their Daventry workshops to what is generally reckoned to be the ultimate rally specification ever achieved for a Mk I Escort, WPU 242L took over 872 hours to build and, pre-Safari, was test-driven and further developed by Waldegard in both Wales and Kenya. Unusually, too, the winning car is being offered complete with all Safari Rally extras in place. First run in 1953, the Safari has always presented one of the toughest tests of car and crew, not to mention workshop and service crew, on the planet. The “Classic” version of the great event is open only to cars of a type made before 1975, so no four-wheeldrive or turbocharged machinery can take part, making it a happy hunting ground for such hairy-chested fare as the Porsche 911 and Datsun 240Z or, of course, the Ford Motor Company's most successful rally car, the Escort. The fully caged body shell of the winning Escort has been specially strengthened by Works car shell build- 54 ers Gartrac to withstand Safari Stage surfaces at speed. Inevitably, the suspension has to be very special, and on this car it certainly is. Up front there are Proflex front struts to Jumbo specification, with roller top mounts and remote gas reservoirs as per current WRC cars. At the rear, and additional to the leaf springs, are coil springaround Proflex dampers—all permitted by Safari regs. The Field Motorsport-built 2-liter engine, a dry-sumped BDA, produces 256 hp at 8,500 rpm. We are advised that not only has the whole car done less than 5,000 miles, but most of the major components—including gearbox, rear axle, suspension, and some brake components—have actually only completed four days rallying, having been largely renewed by the Historic Motorsport service crew at the halfway point. As presented, WPU 242L is not only likely to be compliant with future Classic Safari regulations, but should be fully capable of withstanding the rigors of long-distance marathon events. SCM Analysis This car sold for $181,685 at Bonhams's Stoneleigh Auction on March 15, 2008. The East African Safari Classic is an extreme event, Sports Car Market Pope John Paul II's 1975 Ford Escort GL Lot# 765, s/n GCAFSB26773 Condition 4 Sold at $734,400 Kruse, Las Vegas, NV, 10/28/05 SCM# 39668 1972 Ford Escort Mexico Lot# 524, s/n BFATML00135 Condition 2+ Sold at $9,315 Bonhams, Sussex, UK, 7/11/2003 SCM# 31561 Photos: Bonhams

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and at the extreme edges of any sport you will find suitably specialized and extreme participants, be they athletes or machines. They can be endlessly fascinating and even awe-inspiring, if not always something you'd want at your next garden party. The subject Ford Escort is a classic example of this. It is without doubt the ultimate 1972 Ford Escort rally car (along with its identical twin, which was not for sale), but it is not a historic rally car in any true sense. It is an extreme 2007 version of a 35-year-old rally car built for a specific event, and as such it is both wonderful and problematic. Historic rallying is a hugely popular activity all across Europe, with events some- where virtually every weekend. They range from high-profile FIA Historic events like Monte Carlo and the Acropolis Historic to small local club events, from paved roads to rutted tracks. With the increasing participation over the past years, car preparation rules have become very stringent and carefully applied. Generally it is not required that a car have any real period history as a rally car (though this is clearly preferred), but it does have to be prepared as a proper car in its day would have been prepared. In short, if they didn't do it then, you can't do it now. This has served to keep the playing field level and the costs predictable in this thoroughly amateur subcategory of motorsport. More of a 2007 World Rally car The East African Safari Classic is a whole different event, and if you want to run at the front, you more or less have to build a car specifically for it. SCM Contributor Paul Hardiman wrote a wonderful article about this car for Octane magazine (#55) and all that was involved in building it and getting it set up for the event. The project started with the bare shell of a (presumably) 1972 two-door Escort and proceeded to go through roughly $250,000 to turn it into the ultimate weapon for this particular battle. In the process, literally every part—every nut and bolt in the car—was replaced with something very contemporary and suitable for the job. The result is something that is recognizable as an RS 1600 Escort but is technically more of a 2007 World Rally Championship car than a historic anything. There is a well-established tradition of building Seat Time cars like this. In North America, we have the Carrera Panamericana event every year, and nobody in his right mind would even consider running the event in a car that actually raced in the original; it's way too hard on the machinery. What happens is that people go out and buy an old car of suitable type and vintage, then build it up specifically to run the event. Don't get me wrong, I think the whole approach is great, but we have to be careful to recognize that these are not collector cars or historic racers in the classic sense. They are unique hot rods for a specific event. The problems with this Escort are not whether it's a very cool car, but what you're going to do with it and what is going to be involved in getting it ready to go. Though the basic drivetrain is correct, the suspension, roll cage, etc. are so illegal by either FIA or Motor Sports Association (MSA) rules that it would almost be cheaper to build a new car than to bring this one into compliance. This means that the next East African Safari Classic, maybe the Targa Tasmania, and the occasional exhibition romp at a club rally are pretty much what you can do with your new toy. Actually, “new” might be a misnomer as well. New meaning to “only driven on weekends” I was amused at the catalog suggestion that the car has “done less than 5,000 miles” and many components had been rebuilt at the halfway point in the rally, and so only had four days use. Do you think this car has been used a bit? A Kenyan safari guide friend July 2008 saw the event and tells of watching this car fly over a hump and land so nose down that everyone thought it was going to go end over end. It didn't, but “only driven on weekends” has a special meaning here. I'm sure the basic structure is fine, but whoever bought it had best plan on going through everything before using it in anger again. That said, it is still a viable and potentially com- petitive car, albeit for a limited number of events. At $180,000, that's about fifty cents on the dollar for what it cost to build. The components alone are worth at least $100,000, even used, not to mention putting it all together. The original owner admitted to a compulsion to run in and win the East African Safari Classic, at virtually any cost. Having done so (this car won, they ran in and are keeping the sister car that placed 6th), they chose to send it on for what the market would give them. If the new buyer shares the compulsion, or has a serious taste for dusty adrenaline, I'd say the car was very fairly bought. Just remember, though, it's a weapon, not a collectible. ♦ (Introductory description courtesy of Bonhams.) Hardiman's own contender Paul Hardiman, Oxfordshire, England : As I mentioned in the January “Our Cars” (p. 34), mine isn't a conventional Escort. It's a conventional boy-racer, but not a high-bucks BDG, five-link, fully adjustable car. More one stuffed full of cheap bits from other, bigger, later or faster Fords. But it is enough to have tremendous fun with, and I even have two or three trinkets to prove it. You can be as gentle or rough with it as you please and, if you're a bit brutal, it won't bite back. Chuck it in as hard as you like, lift a little until it starts to drift, and then plant it. With a bit more power and a limited-slip diff, you really can drive these on the throttle. I've tried a couple of “proper” ones, and they all behave roughly the same way. Okay, the oil pressure tends to wilt under stress owing to inadequate cooling, which is why you'll see rally cars tend to have lots of holes chopped in the front. And firewalling the rear bulkhead does nothing for the through-flow ventilation. Also, these don't have any directional stability in sidewinds, but then again they weren't very sophisticated when new. Which is all part of the appeal. ♦ 55

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Market Reports Overview Sales From Melbourne to Toronto Total $22m Sold percentages dropped nearly everywhere, but prices remained strong for high-quality cars by Jim Pickering R ecent collector car auctions have reflected a turbulent worldwide market, with a number of events struggling to exceed the marks set this time last year. However, high-quality cars still tended to bring impressive numbers across the board, and SCM's Auction Analysts were on the ground to report first-hand the events as they occurred. Auction Analyst Paul Hardiman made his way to the Cheltenham Racecourse, in Gloucestershire, England, in late February, where 42 of the 76 lots on offer at the H&H sale changed hands for a final total of $2.5m. Benito Mussolini's Alfa Romeo 6C 2300 Pescara Spyder brought $1.1m of that figure in a post-block transaction (June, “Etceterini Profile,” p. 54), and Hardiman noted sales to be slow across the board. The final sell-through rate of 55% fell short of expectations. In March, Analyst John Clucas traveled to Melbourne for the Shannons International Motor Show Auction as well as Bonhams & Goodman's Collectors' Cars sale. The Shannons event featured a large number of Australian and American V8-powered cars, while the number of European collectibles was surprisingly low. Still, final totals here stayed consistent with last year at $1.4m, despite a drop in sales from 80% in '07 to 63% this year. Bonhams & Goodman offered only 16 cars in Melbourne, and a 1930 Invicta 4.5-liter Type A tourer led the seven cars that sold at $191,196. As was the case with Shannons, several muscle cars offered failed to find new homes, suggesting the market for muscle in Australia is cooling. Russo and Steele's first Florida event took place in late March, and Analyst Phil Skinner was at the Seminole Hard Rock Hotel and Casino to cover the cars as they crossed the auction block. He noted typical Russo and 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 56 Sales Totals H&H, Gloucestershire, U.K. RM, Toronto, CAN RM, Dallas, TX Russo and Steele, Hollywood, FL Bonhams & Goodman, Melbourne, AUS Shannons, Melbourne, AUS $2,454,187 $1,399,780 $411,337 $5,218,455 $4,040,950 $8,159,630 Steele flair inside the sale room, but attendance was not as high as expected, due in part to Barrett-Jackson's West Palm Beach event going on 40 miles down the road, and bidders having difficulty making the trip between the two. High sale went to a 1969 Camaro “Double COPO” coupe at $231k, with 63 other lots selling for a total of $5.2m. Early April saw RM return to Toronto for its annual Spring Classic Car Auction, where 171 of the 358 lots on offer found new homes at a final total of $4m. Although more cars were offered this year than the 284 that crossed the block here in '07, Analyst Norm Mort found the number of traditional collector cars to be lower than in years past. Still, despite a drop in the sales percentage to 48% from last year's 58%, the final total here grew by nearly $400k, and many of the cars sold were do-it-yourself projects at or below the $20k level. Analyst Dan Grunwald took a trip to Dallas for RM's sale of the Wayne Davis Collection in mid-April, where the 77 no-reserve lots on offer totaled $8.2m. High sale of the day here went to a 1953 Cadillac Eldorado convertible at $440,000, with two other “Grand Slam” cars—a 1953 Olds Fiesta and a 1953 Buick Skylark—bringing $253,000 and $203,500, respectively. Grunwald also noted that several muscle car consignments brought decent prices here as well, suggesting the market is still relatively strong for high-quality examples. Finally, if you hate the wind in your hair, burn easily, or just get caught in the rain on a regular basis, Geoff Archer's report on recent eBay activity should have just the coupe for you. ♦ Top10 Sales This Issue (Land Auctions Only) 1. 1935 Alfa Romeo 6C 2300 Pescara Spyder, $1,079,681—H&H, p. 88 2. 1953 Cadillac Eldorado convertible, $440,000—RMD, p. 74 3. 1957 Dual Ghia convertible, $319,000—RMD, p. 76 4. 1963 Dual Ghia L6.4 coupe, $275,000—RMD, p. 78 5. 1953 Oldsmobile Fiesta convertible, $253,000—RMD, p. 74 6. 1960 Plymouth Fury convertible, $253,000—RMD, p. 78 7. 1947 Cadillac Series 75 7-Passenger Imperial sedan, $231,000—RMD, p. 72 8. 1954 Buick Skylark convertible, $220,000—RMD, p. 74 9. 1957 Cadillac Eldorado Brougham 4-door hard top, $220,000—RMD, p. 76 10. 1967 Ferrari 330 GTC coupe, $218,900—H&H, p. 90 1. 1953 Buick Skylark convertible, $101,750—RS, p. 64 2. 1949 Buick Super Estate wagon, $66,000—RMD, p. 72 3. 1922 Lorraine-Dietrich Model B3-6 tourer, $90,287—BG, p. 104 4. 1930 Cord L29 4-dr sedan, $96,621—H&H, p. 90 5. 1990 Austin Mini MayFair sedan, $8,276—RMT, p. 94 Sports Car Market Best Buys

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Russo and Steele Hollywood, FL Florida 2008 Although the crowds may have been lacking and sales were not exactly at a record-setting level, a $5m total is nothing to sneeze at Company Russo and Steele Date March 28–29, 2008 Location Hollywood, Florida Auctioneer Dennis Wisbey Automotive lots sold / offered 64 / 175 Sales rate 36% Sales total $5,218,455 High sale 1969 Chevrolet Camaro “Double COPO” coupe, sold at $231,000 Buyer's premium Classics like this 1934 Packard didn't spark much interest Report and photos by Phil Skinner Market opinions in italics R usso and Steele's first venture into the Sunshine State brought with it the style and flair that's come to be expected at the company's successful Scottsdale and Monterey sales. For this inaugural Florida event, Drew and Josephine Alcazar found a choice location in a parking lot of the luxurious Hard Rock Hotel and Casino on the Seminole Reservation near Hollywood, Florida. The timing just happened to coincide with Barrett-Jackson's West Palm Beach event, but the notinconsiderable distance between them seemed to play an important part in Russo's final outcome. The atmosphere Russo and Steele creates is fast- paced, and it puts the cars in the center of the action—kind of an “auction-in-the-round” concert-style environment. With auctioneers and staff high above the crowd in their individual crows' nests, bright lights, and close-in quarters, those in the audience can really get into the auction spirit, and herein lies the problem with the Hollywood location. Russo and Steele's previous sales have always been within spitting distance of other big shows. In Scottsdale, it's just a short jaunt down the next off-ramp from WestWorld. In Monterey, Russo is literally across the street from RM. In Florida, the distance was almost 40 miles of street and turnpike 58 driving, and at a toll-road cost of about $8 each direction, many were likely turned off from leaving B-J's established sale to come here. As a result, the crowds were sparse, and the ambiance of a major collector car auction seemed to be lost. With start times of 5 pm advertised, both sessions were kicked off Hollywood, FL by rather talented comic artists who were appearing at the Hard Rock's Improv Club. They were brought in to work as the warm-up act, but for the most part, they cracked jokes in front of mostly empty bleachers. The line up of cars was intentionally limited in numbers and included numerous re-runs. During the first hour of auctioning, the bar was open and doing a thriving business, and for a couple of hours in the middle, it seemed like any other auction. However, during the last hours, the action slowed to a snail's pace. Consignments included a little bit of everything, with the exception of big clas- sics, in which this crowd really didn't have much interest. European sports cars were well represented, and the traditional grouping of American muscle was also present. Notable sales included a 1950 Jaguar XK 120 Alloy roadster that found new ownership at $214,500, a 1956 Porsche 356 Speedster in rough shape that brought $115,500, and a 1969 Plymouth Hemi Road Runner, which sold at $83,600. While the crowds may have been lacking and sales were not exactly at a record- setting pace, this first-time sale was nothing to sneeze at. It still grossed over $5m, and those are not small potatoes by anyone's calculations. More growth here can be expected in the future as word of the Russo scene spreads, but some of that growth may depend on an offset date from B-J's auction or a location closer to the already popular West Palm Beach event. ♦ Sports Car Market 10%, included in sold prices

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Russo and Steele Hollywood, FL CANADIAN #S603-1975 BRICKLIN SV1 Gullwing coupe. S/N 00051BX5S002859. Torch Red/tan vinyl. Odo: 14,510 miles. 351-ci V8, 4-bbl, auto. Turbine-style wheels painted in body color pop out at you, doors open with great ease. A late-production unit with no warpage on any panels—including the front bumper. #S689-1958 JAGUAR XK 150 coupe. S/N S835207DN. British Racing Green/black leather. Odo: 13,268 miles. Well worn and used, but solid throughout. Wiper marks on windshield, plating worn at exterior trim bits. Interior needs a deep cleaning from carpets to build-up of debris in the glove box, wood trim presentable but could stand a refinish. Window rubber a bit crisp, paint exhibits a couple of '04, where it sold at $55,000 (SCM# 32813). This was just not the sale for Healeys. The quality of the cars offered was equal to other venues, but the market for these really wasn't in Florida this weekend. Even if the market is softening, there is more room in this example. #S647-1966 AUSTIN-HEALEY 3000 Mk Glass clear, minor hazing on instrument cluster, wiring under dash also appears to have had a problem “fixed.” Ford-supplied engine starts up easily. One of the finest examples of this marque at auction in the past decade. Cond: 2. SOLD AT $10,395. For a car that is a piece of history and is to some degree much maligned (OK, with good reason), this was an excellent price. It's doubtful the seller made much if any profit, and I don't think this transaction is going to be driving anyone to start digging these forgotten cars out of the barns. Well bought. ENGLISH #S657-1950 JAGUAR XK 120 Alloy roadster. S/N 670170. Eng.# W13318. Birch Gray/black fabric/biscuit & red leather. Odo: 706 miles. Minor bright trim issues include pitting to chrome. Body very straight but with odd dimpling near right-side door. Soft trim tight and done in a unique color combination. Engine bay very clean but not spotless, chassis and suspension need some light cleaning. Wheels and gauges all in order. Very slight amount of wear and tear near driver's entrance, paint smooth but shows some spider-webbing from dry dusting. Minor chrome discoloration in tight corners of grille. Cond: 2. NOT SOLD AT $50,000. This was another quality car at a venue that just wasn't well suited to it. This car should have netted the owner at least a good $5,000 above this bid, so it's no surprise the seller held on to it. #S691-1963 AUSTIN-HEALEY 3000 and tires look fresh. Presents a cared-for look. Cond: 2+. SOLD AT $214,500. This Alloy is not new to the auction circuit. Seen first at Worldwide's Houston Classic sale in May '06, where it sold at $225,500 (SCM# 41527). Last seen at Russo's Scottsdale auction in January '08, where it failed to sell at $200k (SCM# 48600). There was no profit for this seller, but it shows that the value here seems to have been relatively steady. A market price. 60 MkII BJ7 convertible. S/N HBJ7L22723. Healey Blue/navy blue cloth/navy blue leather. Odo: 7,498 miles. Professional restoration sports a few miles of enjoyed driving. Fitted with factory heater, vintage AM radio, and popular banjo steering wheel. Right door needs some minor alignment, one window crank plastic collar cracked. Glass, chrome, and paint all very sharp. Cond: 1-. NOT SOLD AT $70,000. Last seen at RM's Amelia Island sale in March Sports Car Market serious bubbles. Cond: 3. NOT SOLD AT $50,000. This seller should take an honest look at this coupe and reconsider his asking price. Whatever was popping up under the paint wasn't good, and sorting things out under the dash was going to take some time... and did I mention the blue smoke from the tailpipe? With restoration costs escalating, prices on lessthan-perfect cars like this will remain stagnant at best. #F486-1962 AUSTIN-HEALEY 3000 Mk III BT7 roadster. S/N HBT7L14170. British Racing Green/black cloth/black leather. Odo: 31,658 miles. Older restoration work to a professional level. Panel alignment at or above factory standards. Interior, soft trim, chrome, III Phase II convertible. S/N HBJ7L34377. Red & black/black cloth/black leather. Odo: 90,040 miles. Claimed 1,000 miles on the restoration of an original red and black example. A bit bare bones, with no radio or heater. Equipped with dual chrome sport racing mirrors and Moto-Lita steering wheel. Crisp appearance, excellent body panel fit and finish, taut soft trim, clear new-looking gauges. Engine compartment in order except for discoloration of nylon fan and some older mini gouges on the forward SU carb. Cond: 1-. SOLD AT $75,900. Sold during the prime hours at this sale, and seller felt this was as good as it was going to get. As presented and equipped, this was in the bargain column when compared to other examples at this sale. There were a few minor concerns here to be sure, but it's a pretty safe bet that the new owner got his money's worth. #S662-1967 JAGUAR XKE SI convertible. S/N 1E14871. Teal Metallic/black vinyl/black leather. Odo: 19,914 miles. Paint nearly flawless except for some minor crazing at left quarter and some unusual bubbling near hood louvers. Engine compartment looks to be nearly perfect, with no signs of seepage—even the finicky carbs are clean. Body panels straight, soft trim taut, dash all in order with clear instrument faces. Wheels, suspension, and chassis need only minor attention to be show-ready. Cond: 2.

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Russo and Steele Hollywood, FL NOT SOLD AT $85,000. Last seen at Russo and Steele's Scottsdale sale in January '07, where it sold at $110,000 (SCM# 44212). Once again, a gremlin under the paint raised concerns. The seller should either look into a remedy for the paint issues before trying to turn it or be open to offers in the territory of this bid. It could be something simple, and with the workmanship seen on the rest of the car, one would hope it's no worse that a pimple on prom night. #F409-1972 TRIUMPH TR6 convertible. S/N CC77718L. Burgundy/black vinyl/saddle brown leather. Odo: 128,906 miles. Proper respray in original colors missing nefarious decals or other ornamentation. Hood shows some grease spatter on underside and minor seepage around intakes. Fresh looking Bosch battery, interior taut and trim and fitted with updated sound system. Redline tires correct for three involved should be happy: the seller, the buyer, and Russo and Steele. GERMAN #S665-1956 PORSCHE 356 Super 1600 Speedster. S/N 81134. Eng. # 80050. Red oxide primer/primer hard top/tattered black vinyl. Odo: 48,225 miles. Numbers-matching 616.2 engine family, just the way you want it. Purchased in 1971, stored by the owner since 1989. Restoration started, most body work done. Originally white; all trim bits, extra badges and this model. Owner reports excellent operating disc brakes and steering, tight shifting, and quick clutch. Cond: 2. SOLD AT $19,800. This generation of TRs has hit a plateau for a while. This bid was right at the limits, and the seller seemed pleased to let it go. With little to do but clean it up just a tad and then enjoy, the new owner should consider this car a decent investment. It won't be returning big profits in the foreseeable future, but it will deliver some good seat time. #S682-1973 JAGUAR XKE SIII converitble. S/N UD1S22382. Eng. # 7S11253LB. British Racing Green/tan cloth/biscuit leather. Odo: 22,958 miles. Restoration approximately 15 years old. Overspray in door jambs, some spider-webbing and swirling to paint. Minor pitting to chrome both inside and out, clear glass all around except for a small scratch more included. Very desirable hard top and pedigree paperwork from the factory. Cond: 5. SOLD AT $115,500. To do this right you'd have to plan on spending another $100k, but the finished product should be stunning—especially if done in its original livery. The price was about right for the condition, and I heard a rumor that the buyer was offered a profit on this before it was even paid for. #S632-1964 AMPHICAR 770 convertible. S/N 100441. Fjord Green/white vinyl/white & yellow vinyl. Odo: 1,632 miles. Exterior presentable, paint and chrome trim show no pitting or major issues. No signs of accidents or ever having been scuttled. Below decks is a mini-oil pit, with no attempts to clean the engine compartment prior to the sale. Surface rust noted on wheels, no nautical accessories like anchor, oars, or a mainsail spotted. Not of concern. Paint good, but not perfect, with swirls and light spider-webbing throughout. Very light wiper marks on windshield, other glass OK. Blaupunkt radio, well-appointed interior. Decent overall. Cond: 3. NOT SOLD AT $25,000. Like imitation muscle cars, imitation sports cars have a limit to their value. This may have been a fun ride for the money, but for future investment or historical importance, those limits start to kick in. From the looks of the materials used, the seller was in the negative territory on this one, so it's no surprise he held on at this bid. ITALIAN #S666-1967 FERRARI 330 GT 2+2 coupe. S/N 7575. Silver metallic/black leather. Odo: 59,632 miles. Originally owned by a Saudi prince in Canada. Older paint with slight crazing, time-worn polish on Borrani wire wheels wearing Pirelli tires. Interior well-appointed with upgraded Pioneer AM/FM cassette, engine compartment clean but not spotless, glass and chrome trim in very good shape. Cond: 2-. SOLD AT $122,100. Last seen at Cox's on the windshield. Presents well but with an overall patina that makes it look almost like a 23k-mile original car. Cond: 2-. SOLD AT $81,675. Despite minor visual flaws, this car performed admirably on the auction block. There was no smoke at start-up, and all the electrics appeared to be in order, including lights and gauges. There were no real signs of body distress, so it was ready for the road. All 62 sure of sea-worthiness, as door seals look like they have been on the car a few years. Cond: 3-. SOLD AT $49,500. Values on these floating convertibles are still strong, but the novelty is wearing a little. The seller should have been thanking the surf-and-turf gods for the condition in which this example was presented, considering at another sale this same weekend, a similar condition RHD unit sold for about a third less. #F422-1969 PORSCHE 912 Carrera RS Replica coupe. S/N 119120823. White/black vinyl & houndstooth cloth. Odo: 82,451 miles. On the surface this looks like a fairly solid, well-put-together car, but under closer inspection, wiring, engine bay, and suspension are Branson sale in October '07, where it sold at $108,000 (SCM# 47535). It appeared again at Russo and Steele's Scottsdale sale in January '08, where it was bid to a $121,000 no-sale. The bid here was $10k less, so I guess you can only haul a car for so long before you have to say “so long.” The value of these has inched up recently, and the price should stay in this range even if a mild storm hits the collector car shores. Well bought and sold. #S670-1967 FERRARI 330 GT 2+2 coupe. S/N 9315. Black/tan leather. Odo: 11,776 km. A decent car at a glance, but swirl marks in paint are visible up close. Panel fit pretty good except for low-sitting right door. Borrani wheels sparkle against Pirelli P4000 tires, bright trim clear, soft trim supple and clean. No a/c, floor covering appears to be hiding some imperfections. Under dash and engine compartment in order, engine starts very smoothly. Cond: 2-. SOLD AT $111,100. A comfortable luxury sports coupe with place settings for four. While Sports Car Market

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Russo and Steele Hollywood, FL clear. 1990s vintage Blaupunkt stereo installed. Cond: 2. NOT SOLD AT $44,000. The 208 is an unusual car in the American market. They're a great entry level car, but the money bid here was serious. This price is more in line with a very nice 308 rather than the slower 208, so this seller might have been wise to take another look at the offer. these have risen in value over the past decade, the sale of this example suggests they have hit a plateau for the time being. A little more detailing might have brought the price up, but with two very similar editions at the same sale, this was probably the top rung at this point. #F425-1973 DE TOMASO PANTERA coupe. S/N THPNJ05220. Black/black leather. Odo: 45,795 miles. 351-ci V8, 4-bbl, 5-sp. Paint above average but a few years old, minimum of pitting on chrome trim. Glass clear with no signs of wiper marks, soft trim supple and clean. Engine recently detailed with some vintage labels. Interior wear and tear agrees with odometer reading, tires, wheels and undercarriage all presentable but not quite suspension, and wheels all cleaner than a normal driver, with $13k recently spent on service including new brakes. Ready to drive and enjoy. Cond: 2. SOLD AT $44,550. A decent price for the car presented. This wasn't a trailer queen or show car, but it was a carefully used vehicle that can still give lots more enjoyment. Sold during the best hours of the sale, and the buyer got a fairly good bang for his buck. AMERICAN concours ready. Cond: 2. SOLD AT $44,000. Panteras seemed to have found a strong new audience recently, but values have plateaued for the last year or so. This example had been prepared to meet the new demand, and it was in very nice condition overall. If you're keeping your eyes open for a few bargain-priced examples, inspect them closely and you may find the winning triple-play: Italian style, American horsepower, and a wholesale price. #S630-1977 FERRARI 208 GT4 coupe. S/N 13550. Rosso Corsa/tan leather. Odo: 15,893 miles. Paint appears well applied, with no corrosion or rust-out, interior in order but some soiling noted on left door panel and on the center console. Engine compartment clean but in need of some detailing on the lower end. Chassis and suspension show signs of use, no damage on the 12-vane Cromodora alloy wheels, windshield a little cloudy, gauges for a total restoration. Cond: 4-. NOT SOLD AT $65,000. This car ran, but it smoked worse than a teenager trying to impress friends. The same car reportedly had been sold in January at the Kruse Ft. Lauderdale sale for $52,380 (SCM# 48252). There was little time wasted on the block trying to get interest on this example, and no hands were raised. Maybe everyone was either tired or realized that the bid plus a $300k restoration would produce a nice $125k car. 64 #S696-1934 PACKARD SERIES 1101 Rumble Seat coupe. S/N 71889. Black/tan cloth. Odo: 13,642 miles. A sale favorite despite its shortcomings. Fitted with vintage TropicAire heater with a broken frame. Unrestored and fitted with lots of miscellaneous parts, including headlights from a Twelve, Super Eight hubcaps, and other items. Has Jr. Trippe lights, bubbling in several panes of glass, and a need solid, doors close as tight as my old Shelvador refrigerator, although there are several areas of concern, including right side rocker panel and plating wear on radio antenna. Cond: 3. SOLD AT $101,750. One of the GM's Triple Crown trio from '53, these models will likely stay strong within the market in the near future. This was about half the price of a perfect example, and it would really only take between $35k$50k to bring it up to that level. Well bought. #S641-1957 FORD THUNDERBIRD convertible. S/N E7FH302315. Colonial White/white hard top/red vinyl. Odo: 73,067 miles. 312-ci V8, 2x4-bbl, 4-sp. Top-of-theline concours-quality restoration inside and out. Excellent body panel alignment with only a slight tweaking on the driver's door. Attention to detail and authenticity both stressed, with mirrors to show sanitary suspension and chassis. Proper Signal Seeking radio and heater/ #S653-1991 FERRARI 348 ts targa. S/N ZFF4G36A5M0089964. Rosso Corsa/black fabric/tan leather. Odo: 57,862 miles. Still wearing factory paint, with proper under-hood label and cloisonne Scuderia Ferrari badge on fender. Power windows, locks, and mirrors all reported to be in working order. Several very minor nicks to windshield. Engine bay, chassis, #S669-1953 BUICK SKYLARK convertible. S/N 17063815. Reef Blue/white cloth/white & blue leather. Odo: 65,724 miles. 322-ci V8, 4-bbl, auto. Effectively an original car with light cosmetic restoration. Older repaint in the original hue, front grille and other trim items given a quality replate. Nine-year-old top still tight, interior fabrics appear to be in very good condition and most from the factory. Body panel alignment defroster. Given an understated look with nonporthole top and dog-dish hubcaps. Cond: 1. SOLD AT $115,500. On the block, the “rare” non-porthole top was touted... but there was a reason they were rare, as the porthole made it easier to see out of the car. This was a sharp example, and the bid was probably not too far off of the cost of the restoration, so it was a decent deal all around. Well bought and sold. #S688-1957 OLDSMOBILE SUPER 88 convertible. S/N 578M37398. Red & white/ white fabric/black, silver, & white vinyl. Odo: 10,581 miles. 371-ci V8, 2x4-bbl, auto. Loaded with extras like factory Wonderbar AM radio, heater/defroster, Autronic Eye, power steering Sports Car Market

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Russo and Steele Hollywood, FL there was no claim that the numbers matched on the engine or rest of the drivetrain. Even so, this was a top-shelf car, so the seller was right in holding on at this price. #S664-1969 CHEVROLET CAMARO RS and brakes, spotlight, and more. Older restoration starting to show age with top material shrinking and exposing side rails. Windshield trim looks like it has been hammered into place, chrome, finish, and top bows all well used. Stylish J2 script from an unknown source like icing on the cake. Cond: 2. NOT SOLD AT $80,000. While a prime example of a J2 Super 88 convertible could bring returns well into six-figure territory, this one needed lots of time, patience, and an eye for what they looked like when new. The oddball script, combined with Chevy Bowtie logos in the middle of the wheels, made this car look like it was ready for a movie set or the parking lot of a 1950s diner—but not for a serious collector's garage. #F441-1959 CADILLAC SERIES 62 convertible. S/N 59F111690. Dover White/dark blue vinyl/white & blue leather. 390-ci V8, 4-bbl, auto. Looks to have had a life and a story to tell. Paint at least ten to 15 years old, ding at the leading edge of the hood sports an amateur touch-up, loaded with factory goodies like power steering, brakes, windows, seats, top, and antenna. Fitted with original a/c system, were being met here, but selective buyers are becoming more educated. In this case a lack of bidders could be to blame for the car returning to its seller. #F491-1969 DODGE DART GTS convert- ible. S/N LS27P9B338857. Blue metallic & white/white fabric/white vinyl. Odo: 21,764 miles. 340-ci V8, 4-bbl, auto. Paint finish mirror deep, graphics properly applied, minor fitting problem with some smaller trim bits, very minor pitting on rear valance chrome. Engine compartment looks as nice as the rest of the car, with proper bits used throughout. Interior tight, top bows all in show condition. Clean gauges, fitted with AM radio. Cond: 1-. NOT SOLD AT $45,000. Often overlooked by all but the most devoted Mopar fans, this compact performer led the way for the 'Cuda and Challenger. Today sharp examples are hard to find, and this one had to have been one of the best available. The seller felt it was worth more than the bid, as the restoration alone was probably over the $50k mark. dimmer eye, and AM radio. Interior looks to have been done on a budget, top dates from 1988, chrome above average. Light yellowing to wide whitewall tires. Cond: 3. SOLD AT $88,000. Yes, prime examples of these—even the 62—have been seen selling as high as $100k, but this one was lacking in eye appeal with its plain-jane color. However, it was still a 1959, and that in itself is a 20% premium over its siblings. Well sold. #S648-1968 SHELBY GT500 KR convert- ible. S/N 8T03R21322003945. Highlander Green/black vinyl/black vinyl. Odo: 59,710 miles. 428-ci V8, 4-bbl, auto. Restored according to the data plate codes. Paint very good, body fit and finish above factory levels. Fitted with AM radio, full gauge package, tilt wheel, proper rectangular fog lights, ten-spoke alloy wheels, and even an Autolite battery under the hood. Professional appearance throughout. Cond: 1. NOT SOLD AT $145,000. KRs are considered by some to be the top-ranking Shelby Mustang. This bid was about 60% of where the money was just a couple of years ago. The bottom hasn't totally fallen out, as some reserves 66 #F447-1969 CHEVROLET CAMARO RS/SS Indy Pace Car Replica convertible. S/N 124679N641653. Dover White & Hugger Orange/white vinyl/orange vinyl & black houndstooth. Odo: 66,894 miles. 396-ci V8, 4-bbl, 4-sp. Claimed 50 miles since restoration. Reproduction Pace Car graphics displayed in the back seat, paint still curing. Interior also new and tight, top fit to factory standards. Gauge with the bare essentials, including AM radio, Air Grabber hood, and Dana 60 rear end. Cond: 1. SOLD AT $83,600. An outstanding restoration. There was probably a lot invested in trying to get this up to Scottsdale standards, and while ultra-nice, bidding was a bit cool on this car. It did have raw eye appeal for the casual observer, and while this bid was behind where it would have been in 2006, it was a decent price in this market. package looks new. Fitted with 3.08 Posi. Well-documented “Z11” Pace Car Replica. Cond: 1-. NOT SOLD AT $55,000. This really was a $70k car. It had the right engine, codes, and an outstanding degree of workmanship throughout. The seller deserved a bit more, but #F501-1970 CHEVROLET CHEVELLE SS 2-dr hard top. S/N 136370K141071. Blue metallic & white/white vinyl/blue vinyl. Odo: 65,280 miles. 454-ci V8, 4-bbl, 4-sp. Decent paint with light swirling and spider webbing, some indication of rear quarter repair or Sports Car Market label. Painted front bumper fitted with accessory fog lights. Formerly owned by Reggie Jackson. Cond: 2+. SOLD AT $118,250. This probably brought a higher price when “Mr. October” sold it. The car was well presented and showed no skimping from when it was restored, although it was showing a little bit of patina. With a large number of '69 Camaros on the market—over a half-dozen at this small sale alone—this was well sold. #S679-1969 PLYMOUTH ROAD RUNNER 2-dr hard top. S/N RM23J9A142007. Light yellow & flat black/ black vinyl/black vinyl. Odo: 56,887 miles. 426-ci V8, 2x4-bbl, 4-sp. Fairly recent rotisserie restoration, Govier certification notes it has a date code-correct replacement block. Nice workmanship with smooth paint, excellent panel alignment, and sharp interior. Some minor issues visible with top vinyl fit. Equipped coupe. S/N 124379N635209. Cortez Silver/ navy blue vinyl. Odo: 8,384 miles. 427-ci V8, 4-bbl, 4-sp. A certified COPO car with no claim of matching numbers. L72 engine installed at the factory, fitted with Cowl Induction hood as well as power steering and brakes. Light surface rust on fender bolts, some blotchiness on paint finish, overspray seen on underhood

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Our Cars 1968 Triumph Spitfire Mk III Vintage Racer Owner: Chip Lamb Purchase date: June 2006 Price: $5,500 Mileage since purchase: None Recent work: Rust repair, fuel cell resto, roll bar, fitted dual master cylinder, new wheels and tires This is a right-hand-drive car bought on a lark through eBay, and it was of course advertised as far better than it was, but I figured the work left to do was manageable. The friend who picked it up for me in Northeast Ohio called it “half-assed.” He has been working to get it safe to race, and the repaint looks good, but it still needs rear brakes, an alternator conversion, re-engineering of the fire suppression system, hub studs, corrective wiring to various key components, an alignment…. I await the bill. The bad stuff has been corrected, and with any luck, I can rejoin the SVRA as soon as a few free weekends allow me the chance to take a concerted run at the car's remaining needs. 1995 Porsche 911 Carrera 2 Coupe replacement, minor right door alignment issues. Well equipped with Cowl Induction hood, factory a/c, power steering, and disc brakes. Upgraded stereo, slight hazing of gauge coverings. Last three digits of odometer out of sync with other numbers. Cond: 2. NOT SOLD AT $50,000. Currently the market is awash with Chevelles of every color and engine combination, and many sport fresh restorations. It's really a problem of supply and demand, as right now the latter isn't growing. Although this car had lots of money invested in it, it'll be tough to find a higher bid in this market. #F485-1970 FORD MUSTANG Boss 302 fastback. S/N 0F02G162301. Grabber Orange & black/white vinyl. Odo: 34,570 miles. 302-ci V8, 4-bbl, 4-sp. Restored to its original specs including non-shaker hood, base AM radio, heater/defroster, and Magnum 500 wheels with Goodyear Polyglas tires. Recent cosmetic restoration with no signs of any sheet metal repairs or replacement. Engine compartment appears and steering. Well presented with sharp panel alignment, excellent paint, and relatively fresh interior. Fender tag checked out by Govier and given his seal of authenticity. Cond: 2+. NOT SOLD AT $260,000. Real muscle still commands above average prices, and while some recession has been seen in the real-deal examples like this, expect a hard hit in the values of replicas and resto-mods as supply continues to meet demand. #S656-1970 PLYMOUTH 'CUDA Hemi 2-dr hard top. S/N BS23R0B234713. Lemon Twist/black vinyl/black vinyl. Odo: 28,284 miles. 426-ci V8, 2x4-bbl, auto. Unrestored car with some touch-up work on left rear quarter over crazing factory paint. AM radio, heater/ defroster, simulated wood wheel, and Tic-TocTach. Pedal and seat wear commensurate with odometer reading, exterior hockey sticks appear to have been added. Includes build sheets and fender tags. Seller claims matching numbers. Cond: 2. SOLD AT $165,000. A couple of years ago this would have been the golden egg, and although they're still pricey, these aren't too outrageous today. This car was well presented and not overblown in the description. Everything was tidy, and the new owner should be very happy with his purchase. He might even see a profit in a couple of years. Owner: Geoff Archer Purchase date: December 2007 Price: $37,500 Mileage since purchase: About 500 Recent work: Affixed front license plate bracket, aborted cupholder installation This car got me pulled over five minutes after I bought it. It wasn't speed but color that did it. I'm pretty sure the cop just had to see what kind of man would buy an “Amaranth Violet” Porsche. My friends call it Barney. My kids love it, and recently we joined the local PCA in a small car show at the annual daffodil festival. Folks went crazy over the two child seats in the back (which only fit when the front seats are moved all the way forwards). To me, it seems normal. The pitter-patter of tiny feet on both of my shoulders while I drive with my chest on the airbag? Sippy cups thumping on the rear window glass? Cheddar bunnies and raisins in the seat tracks? Diaper changes on the driver's seat? Toddler toilet on the passenger seat? An outbreak of joyous squeals when the roof-mounted third brake light shines? Of course, Barney doesn't seem to mind a bit. ♦ 68 concours-ready, very slight wiper marking on windshield. A professional restoration from top to bottom. Cond: 1-. SOLD AT $84,700. This price was a little on the soft side, so maybe the seller's net went to help plug a leak on the home front. When compared to an AAR 'Cuda or a Camaro Z/28, this is still a great buy—but it's arguably not the best car in this segment. The new owner should plan on enjoying this Boss for at least the next several years. #S660-1970 PLYMOUTH 'CUDA con- vertible. S/N BS27V0B131590. Lemon Twist/ white vinyl/white vinyl. Odo: 67,470 miles. 440-ci V8, 3x2-bbl, 4-sp. Numbers claimed to match, lots of extras include AM radio and Tic-Toc-Tach (with inoperative clock), TrackPak, Road Rally wheels, and manual brakes #S659-1970 PONTIAC GTO Judge convertible. S/N 242670B116958. Pepper Green/ Sandalwood vinyl/tan vinyl. Odo: 8,076 miles. 400-ci V8, 4-bbl, 4-sp. Really sharp restoration with an eye to authenticity. Long list of extras includes M-20 4-speed, factory a/c, AM/FM/8track, 3.23 Posi, hood-mounted tach, and Firm Ride suspension. PHS documentation confirms the pedigree. Some detailing needs include slightly misaligned hood fit and top material starting to pull up on the sides. Paint, glass, and trim otherwise in show-ready condition. Cond: 1-. NOT SOLD AT $150,000. For the ultimate Pontiac muscle-car fan, this was the one car you had to own, but the bid was a bit low considering it appeared later in an online auction with an asking price of $235k. That might be a little bit much, but it's closer to real value than this bid. Even without a hand being raised in the room, the number called should have gone a little higher—especially since the mileage was on its second time around as claimed by the third owner. ♦ Sports Car Market

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RM Auctions Dallas, TX The Wayne Davis Collection It's rare to find all three 1953 GM “Grand Slam” convertibles in one sale, and this collection even included a pair of highly restored Dual Ghias Company RM Auctions Date April 19, 2008 Location Dallas, Texas Auctioneer Brent Earlywine Automotive lots sold / offered 77 / 77 Sales rate 100% Sales total $8,159,630 High sale 1953 Cadillac Eldorado convertible, sold at $440,000 Buyer's premium Big Cadillacs and bigger Cadillac neon in Texas Report and photos by Dan Grunwald Market opinions in italics W ayne Davis opened a restoration shop specializing in vintage Thunderbirds when he was just 23 years old, and his expertise and quality of workmanship brought everything from prewar classics to street rods to '50s and '60s American iron through his doors. Upon retirement from a successful business career with Regency Conversions, he teamed up with RM Auctions at his Southlake, Texas, estate to sell his collection in its entirety in a no-reserve format. No-reserve private collections tend to bring big re- sults, with the cars, the stories, the memorabilia, and the diverse locations all adding a certain level of excitement to the sale. For instance, it's rare to find all three 1953 “Grand Slam” convertibles—an Olds Fiesta, Cadillac Eldorado, and Buick Skylark—in one sale, and this collection even included a pair of highly restored Dual Ghias. These were not just consignments that were fixed up to be flipped for a profit—each one was originally purchased through a mix of love and nostalgia, and most were restored without limits on the cost of restoration. Perhaps it is the image of Texas or the wide open Dallas, TX spaces it offers, but a surprising 36 of the 80 lots offered here were roadsters or convertibles. A '53 Eldorado convertible was the high sale of the day, finding a new home at $440,000. Also of note was a 1960 Plymouth Fury convertible that brought a record $253,000. Later American muscle was also well represented, with a 1967 Camaro RS/SS Pace Car convertible selling at $88,000, a 1969 Shelby GT500 bringing $96,250, and a 1970 Dodge Challenger R/T Hemi trading hands at $170,500. While not the most expensive lot available, one of the more interesting cars offered was a Jeep surrey top that brought a very high $35,750. Nobody would seriously restore one of these Jeeps to concours condition with a profit in mind, and the total it brought was likely unrepeatable. Along with the automobiles was a collection of memorabilia, all of which was beautifully displayed in an industrial building. The museum-style backdrops were complete with gas pumps and neon signs, as well as storefronts. There was even a special paneled bar room with a fireplace and a bandstand in the corner with monogrammed crystal glasses for entertaining. Special mention must be made of the magnificent neon Cadillac sign from the 1940s that measured 32 feet by 9 feet. It sold for a “Texas Sized” price of $115,000 against a $25,000–$40,000 estimate. Worries about the state of the economy, as well as the state of American muscle within the collector car market, may have led some to expect a lesser total here, but the average price per car topped $105k, showing the market for high-quality examples still to be strong. Nobody can say that RM doesn't put on a great show, and with 77 no-reserve automotive lots bringing just over $8m, the Wayne Davis sale was no exception. ♦ 10%, included in sold prices 70 Sports Car Market

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RM Auctions Dallas, TX ITALIAN #276-1989 FERRARI MONDIAL t cab- riolet. S/N ZFFFC33A6K00822. Red/black leather. Odo: 11,537 miles. Right front hood to fender gap wide, other gaps OK. Front bumper paint mismatched, some plastic repair visible cover car for Street Rodder magazine. Cond: 2+. SOLD AT $154,000. Well-done old school hot rod with Ford Thunderbird V8 and dual quads hooked up to a 3-speed on the column. Well bought and sold right in the middle of the estimate range. #219-1936 PACKARD EIGHT convert- ible coupe. S/N 919267. Yellow/tan canvas/ maroon leather. Odo: 10,759 miles. Signs of weak chrome with some pitting and peeling visible. Older paint shows age. Leather seats have some dryness and cracking. Fitted with dual covered sidemounts, luggage rack, and York to Fort Worth. Restored after acquisition by Wayne Davis, it was excellent throughout. A Full CCCA Classic, and worth the money spent. #265-1948 CHRYSLER TOWN & COUNTRY convertible. S/N 7407239. Tan & wood/maroon & tan cloth & leather. Odo: 45,272 miles. Good paint, excellent chrome inside and out. Both door fits slightly off, nice at front right side of trunk. Tubi exhaust, light driver's seat wear at pleats, Alpine stereo. Ex-John Force. Cond: 2-. SOLD AT $34,100. The Mondial is not the most popular Ferrari around, but here you could get into Prancing Horse ownership for under $35k. Assuming the mechanicals had been well maintained, this was a good buy. AMERICAN #220-1929 FORD MODEL AA Cretors Popcorn truck. S/N A2080791. Red & black/ red vinyl. Odo: 36,262 miles. Some small dents and paint chips, lots of real gold leaf design elements with silver leaf mirrors. Nice beveled glass to rear compartment. Tires look driver's side spotlight. Rumble seat, golf bag door. Cond: 3+. SOLD AT $107,250. This car featured an older restoration that was showing its age, but it still had a “Packard Presence” about it. Claimed to be a strong running driver, it was well bought at under the low estimate of $120k. #223-1940 FORD MODEL 01A DeLuxe convertible. S/N 5529727. Maroon/tan canvas/maroon leather. Odo: 44,709 miles. Shiny paint with some visible flaws. Clean engine shows some chipping paint and recent use. Not detailed underneath, with surface rust on wood shows a couple of older repair sections. Matte finish on wood under left side spotlight. All-new interior shows a superb dash and no wear to seats or carpet. Cond: 2. SOLD AT $137,500. This T&C convertible had only two owners from new and was well restored. These cars still look rich today, and this one sold at a market-correct price. #266-1948 HUDSON COMMODORE Eight convertible. S/N 48499601. Black/black cloth/maroon leather. Odo: 40,826 miles. Older paint shows only light age-related wear, panels straight and showing good gaps throughout. All new chrome inside and out, age patina to soft leather seats, great wood dash. New original dirty and aged, original AA-style commercial wheels painted yellow. Popcorn popper and nut roaster claimed to be in working order. Cond: 2. SOLD AT $110,000. Sure, it showed some paint chips, but who cares? This would be lots of fun, but it's no way to make money. Well sold at $30k above the low estimate of $80k. #225-1935 FORD Custom roadster. S/N 181965664. Turbine Bronze/tan leather. Odo: 158 miles. 312-ci V8, 2x4-bbl, 3-sp. Good paint; panels and gaps straight. All new chrome, interior, and top; solid shutting doors. A former solid frame and pans. Nice top, well-fitted interior, excellent gauges. Cond: 2-. SOLD AT $63,800. This would be a great car to drive and enjoy. The hard work was already done, so it won't take much for the new owner to bring the overall condition up a level. Well bought at under the low estimate of $75k. TOP 10 No. 7 #264-1947 CADILLAC SERIES 75 Seven-Passenger Imperial sedan. S/N 486049371. Blue & wood/navy cloth. Odo: 31,075 miles. Nice paint, wood finished in the Schwartz style and done to a high standard. Wavy chrome at right side running board, wear on rear edge area of both back doors, hood fits wide at rear. Not original but correct engine a 1948 unit. Very nice inside and out. Cond: 1-. SOLD AT $231,000. The catalog described this car as having been used by a group of traveling artists who had driven it from New 72 style wiring, some wear visible on restored engine paint. Dull sill plates, chassis undercoated. Fitted with power windows. Cond: 2+. SOLD AT $181,500. One of the first of the “step down” designs, where the body sat inside of the frame to provide a more streamlined appearance and better handling. This featured 40,000 actual miles, with only three owners from new, and it was well bought and sold at mid-estimate money. #253-1949 BUICK SUPER Estate wagon. S/N 1518143. Green & wood/red vinyl. Odo: 972 miles. Light preparation flaws visible in otherwise good paint. Old wood repairs visible, dust in wood Sports Car Market

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RM Auctions Dallas, TX The sister car to the convertible offered as lot 268. Cond: 2+. SOLD AT $88,000. 1949 was the first year of the Cadillac overhead valve high-compression engine. Restored 15 years ago with subtle custom touches, this would make a great driver, and although it was in nice shape throughout, this was an expensive price to pay. #207-1952 BUICK ROADMASTER finish, lots of stone chips on windshield. Great chrome, frame solid with some driving dirt. Somewhat aged interior still very presentable. Cond: 2-. SOLD AT $66,000. The 1952 that sold earlier (lot 207) might look this good with around $90,000 of restoration work. Woodies continue to be strong in the market, and this one was a good buy at well under its $80k low estimate. #268-1949 CADILLAC SERIES 62 Custom convertible. S/N 496253924. Maroon/maroon cloth/maroon & white leather. Odo: 53,238 miles. Modern Cadillac 500-ci V8, 4-bbl, auto. New chrome and paint with no issues, interior faultless, including chrome accents. Updated with Vintage Air built into dash. Fitted with wide whites, chrome wires, power windows, Woody wagon. S/N 16604247. Green/tan cloth. Surface rust on top and serious deterioration of all wood and floors. Said to run and drive, but in need of a complete restoration. Fitted with chrome wires from a '53 Skylark convertible. at Kensington's Bridgehampton sale in June '03, where it again failed to sell, this time at $100,000 (SCM# 31351). This was the #2 halo car for 1953 alongside the Buick Skylark and Cadillac Eldorado, and it was very well presented here. Well bought and sold at just over the high estimate. TOP 10 No. 2 Cond: 5. SOLD AT $6,600. Needs everything but appears complete, except for the wood sections, which will need to be reconstructed from patterns. Not a project for the faint of heart or wallet. But, that said, the new owner can brag that he bought a car at the Wayne Davis sale. #245-1953 BUICK SKYLARK convert- ible. S/N SH6462PA. White/white vinyl/green & white leather. Odo: 34,614 miles. Excellent paint appears smooth throughout. Left front fender gap slightly wide, other panel gaps as-new. Unmarked chrome and glass, engine compartment spotless. Correct Kelsey-Hayes #247-1953 CADILLAC ELDORADO convertible. S/N 536235467. Alpine White/white cloth/red & white leather. Odo: 78,734 miles. Well-applied paint shows some chipping on top boot. Some rough edges on rear bumper; front bumper and other chrome nice. Right side door, hood, and fender misfit, rear hood gap wide. Clean interior, engine compartment well detailed and showing little wear. One of 532. Cond: 1-. SOLD AT $440,000. The third halo car from 1953 completes the “Grand Slam” here at the Davis sale. And slam it did, with this Eldo bringing very spirited bidding and more than doubling the low estimate of $200k. Well sold. steering, seats, brakes, and electronic ignition. Cond: 2+. SOLD AT $154,000. Resto-mod may not be quite the right terminology for this car, but it's close. This featured all the modern driver conveniences in a '49 Cadillac stock-looking cruiser. The bidders really liked this one here in Texas, and it found new ownership at above its $150k high estimate. Well sold. #271-1949 CADILLAC SERIES 62 Coupe DeVille coupe. S/N 496274282. Candy Black Cherry/maroon & tan leather. Odo: 75,094 miles. Beautiful paint and chrome, excellent body and panel gaps. Fitted with a/c and dual 4-bbl carbs from a 1956 Cadillac. Inside hood release, factory 3-speed manual transmission. TOP 10 No. 8 wires, newer wide whitewall tires. Extensive documentation includes original owner's service policy. Cond: 1-. SOLD AT $203,500. The '53 Skylark had its own body panels, and its list price in 1953 was an incredible $5,000. Regardless, Buick still sold 1,690 units. Recent sales have seen examples sell for as much as $495k (SCM# 45549), but this can be considered market-correct for condition. TOP 10 No. 5 #246-1953 OLDSMOBILE FIESTA convertible. S/N 539M30491. White & blue/white cloth/blue & gray leather. Odo: 86,143 miles. Older, high-quality restoration with nice paint and straight panels. Hood gaps vary and are wide at rear, other gaps OK. Light patina to leather interior, clean and original-looking under the hood. One of 458 built. Cond: 1-. SOLD AT $253,000. First seen at Kruse Scottsdale in January '93, where it sold at $18,000 (SCM# 11875). Seen again at G. Potter King's Atlantic City sale in February '03, where it failed to sell at $105,000 (SCM# 30480). Appeared again 74 Fitted with correct Kelsey-Hayes wire wheels. Three owners from new, with mileage claimed to be correct. Cond: 2+. SOLD AT $220,000. A fair number of these have crossed the auction block over the last few months, and this was one of the better ones. A decent deal at just under the high estimate of $225k. #251-1954 CHEVROLET CORVETTE roadster. S/N E54S001945. Polo White/tan Sports Car Market #267-1954 BUICK SKYLARK convertible. S/N A1043291. White/white cloth/red leather. Odo: 25,434 miles. Newer paint of good quality, some light pitting to chrome pieces. Areas of dashboard worn, seats and carpets well fitted. Frame solid and painted, engine well detailed with new correct wiring.

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RM Auctions Dallas, TX and had a great look. Expensive, but worth the money spent. #240-1957 FORD THUNDERBIRD convertible. S/N D7FH328697. Thunderbird Bronze/cream vinyl. Odo: 86,910 miles. 312ci V8, 4-bbl, auto. Good paint, chrome, and options. New interior, optional porthole hard top. Fitted with wind wings, Continental kit, and “Bird's Nest” rumble seat. Clean engine cloth/red vinyl. Odo: 31,181 miles. 235-ci 155hp straight 6, 3x1-bbl, auto. Restored to a high level and never driven. Engine shows factorycorrect detailing, interior has no wear. NCRS Regional Top Flight in 2007. Cond: 1. SOLD AT $154,000. There was lots to like here, as this car had been well done and was ready to show. Prices have recently held strong at just under the $100k level for these second-year Chevrolet sports cars, with several exceptions nearly doubling that number. This car certainly had a great look, and the price paid was not over the top considering its condition. #216-1956 FORD FAIRLANE Crown Victoria 2-dr hard top. S/N P6FW341661. Light green & white/light green cloth & vinyl. Odo: 93,846 miles. 312-ci V8, 4-bbl, auto. Few paint chips and other flaws, but rather than nit-pick it, let's just call it a solid #2 that has Cond: 2+. SOLD AT $148,500. A high-level restoration on a Chrysler letter convertible that was one of the 484 drop top units built in 1957. Considering its condition and rarity, this was a fair buy at just over the $140k low estimate. TOP 10 No. 9 #263-1957 CADILLAC ELDORADO Brougham 4-dr hard top. S/N 5770136954. Kenya Beige/stainless steel/tan cloth & vinyl. Odo: 43,459 miles. 365-ci V8, 2x4-bbl, auto. High-dollar restoration hard to fault. Nice paint in the original hue, stainless steel top in good condition, glass and chrome unmarked. Standard spring equipped with dress-up kit and shows driving wear and burned paint. Solid floors. Cond: 2+. SOLD AT $99,000. The “Bird's Nest” option is rare, but you have to be about three feet tall to actually use it as a seat. Still, this was a better-than-average 'Bird that looked rust-free everywhere. All the money for a fine car. #241-1957 CHEVROLET BEL AIR convertible. S/N VC57N154508. Yellow/white vinyl/silver & white vinyl. Odo: 2,333 miles. 283-ci V8, 4-bbl, auto. Good chrome and trim, spotless paint. Dash paint a bit thick with some dust showing. Body with Continental kit, detailed engine features tar-top battery. Steering suspension converted from the original air ride system. Engine compartment complete but not concours. Fitted with a/c, Autronic eye, and remote trunk release. One of only 400 built in 1957. Cond: 2+. SOLD AT $220,000. The last of the handcrafted Cadillacs, and a dynamite looker. With a list price of over $13,000 in 1957, these were exclusive even from new. The money spent here bordered on Biarritz levels, so this was well sold. #269-1957 CHEVROLET CORVETTE convertible. S/N E57S102349. Black & silver/red vinyl. Odo: 1,989 miles. 283-ci 283-hp fuel-injected V8, 3-sp. 2006 restoration shows pitting and wavy taillight chrome. Well-applied paint, typically inconsistent panel gaps, everything you could order in 1956. Fitted with the T-Bird Special (P-code) 215-horsepower V8 engine. Cond: 2. SOLD AT $47,300. Pretty cars tend to bring big dollars, and this one had eyeball to spare. Done in great '50s colors, it found new ownership at a mid-estimate figure. Well bought and sold. #257-1957 DUAL-GHIA convertible. S/N 158. White/red & white leather. Odo: 3,175 miles. Few very minor paint flaws. Older, high-level restoration with all new chrome, including interior trim. Well detailed undercarriage. Sold new in California for $ 7,920, as on original window sticker with car. Cond: 1. SOLD AT $319,000. wheel trim ring fit is off. Owned and restored by country music star Alan Jackson before coming to the Wayne Davis Collection. Cond: 1-. SOLD AT $121,000. Last seen at Cox's Branson sale in April '06, where it sold at $84,800 (SCM# 41414). This '57 featured an unusual color and high-level restoration, and it was well sold at a top estimate price. TOP 10 No. 3 #261-1957 CHRYSLER 300C convertible. S/N 3N571348. White/tan vinyl/tan leather. Odo: 43,254 miles. 392-ci V8, 2x4-bbl, auto. Body-off restoration shows excellent paint and unmarked chrome. Panels straight, door gaps a bit wide. Great original soft leather seats, steering wheel cracked. Fitted with power seats and windows. The Dual-Ghias had handmade bodies fitted to modified Dodge chassis by Ghia in Italy before being shipped back to Detroit for Chrysler engines. Based on the Dodge Firearrow exhibition cars. Approximately 117 were built from 1956 to 1958 at a cost of $1,000 more than an Eldorado Biarritz. This one was “as-new” 76 clean and well-fitted original-style interior. NCRS Texas Chapter Top Flight award in 2008. Cond: 1-. SOLD AT $134,750. Said to be matching numbers, this attractive convertible wore a complete and correct nut-and-bolt restoration. Ready for Bloomington Gold, and a good buy at slightly below market for condition. #205-1959 CHEVROLET APACHE 3100 pickup. S/N 59S121227. Teal/white/blue & white cloth & vinyl. Odo: 13,183 miles. 350-ci V8, 4-bbl, auto. Very good paint, except for one notable flaw on front of hood. All new chrome and oak bed with stainless retainer strips. Tinted glass with wiper scratch on windshield. Nice interior, aftermarket chrome Rallies with wide whitewall bias-ply tires fitted. Front disc brakes fitted. Cond: 2. SOLD AT $34,100. A great looking Apache driver with mild hot Sports Car Market

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RM Auctions Dallas, TX #206-1963 WILLYS DJ3 Gala-Surrey jeep. S/N 5633719055. Pink/pink & white cloth/pink & white vinyl. Odo: 10,966 miles. Great paint with a couple of tiny chips, fully detailed body-off restoration, including the only dash gauge. Bright top and interior fittings show well, chrome and glass excellent. No air rod parts. This was a strong price, but for the quality of work done, it was worth the money spent. #244-1959 CADILLAC SERIES 62 convertible. S/N 59F018540. Black/black cloth/ red leather. Odo: 43,362 miles. 390-ci V8, 4bbl, auto. All new chrome inside and out, great paint, new leather interior. Body shows straight panels and some variation in door gaps. Detailed undercoated, Chrysler emblem on hood losing gold paint, detailed cross ram engine shows well. Cond: 2. SOLD AT $170,500. Long and sleek with the coolest dashboard ever made, this was a good example of another great “finera” car of the '50s. A market price for a drop top letter car in this condition. #227-1961 CHEVROLET CORVETTE convertible. S/N 10867S103566. Eng. # F1114CU. Red & white/red vinyl. Odo: 236 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. All new chrome includes windshield surround. Paint decent, panels and gaps about as straight and consistent as when new. Recent interior, cleaner fitted. Cond: 1-. SOLD AT $35,750. Far better than the factory built them. Mr. Davis restored this for his wife and noted that there was “way too much money spent” on this car. He made a good portion of it back here, as someone paid just over the $35k high estimate to own it. Well sold. #214-1965 FORD MUSTANG convert- engine with some non-factory finishes, chassis undercoated. Cond: 2+. SOLD AT $104,500. Long, low, shiny, and black. The '59 Cadillac is the the ultimate '50s fin mobile, and this one had a great look throughout. Market price for condition. TOP 10 No. 6 #242-1960 PLYMOUTH FURY convertible. S/N 3301120362. Gold/gold vinyl. Odo: 35,192 miles. 383-ci V8, 2x4-bbl, auto. Very good paint and chrome, numerous dents in grille bright trim. Trunk gap wide in front, other panel gaps decent. Great square steering wheel, period plastic covered ible. S/N 5F08F129084. Red/white vinyl/red vinyl. Odo: 35,357 miles. 260-ci V8, 2-bbl, 3-sp. Nice paint, decent panel gaps, clean and well-fitted interior and convertible top. Well detailed under the hood, with period-correct dent-free hubcaps, typical misfit to trim spears at headlights. Headlight trim paint mismatched, new clutch fan installed. Cond: 2-. SOLD AT $75,900. This was not a Bloomington Goldlevel car, but it looked to be a good driver in an appealing color combination. All it needs is a sunny day. Well sold at slightly above market for condition. TOP 10 No. 4 #258-1963 DUAL-GHIA L6.4 coupe. S/N 0313. Red/tan leather. Odo: 74,348 miles. 383-ci V8, 4-bbl, auto. Numerous windshield chips, scratches on rear glass. Great paint has no issues, all new chrome shows well. Goldline whitewalls, Jaeger gauges in clean and well-fitted interior. Claimed to be rust-free. Cond: 1-. SOLD AT $275,000. The Dual-Ghia L6.4 seats. As-new engine compartment and chassis. Cond: 1-. SOLD AT $253,000. Fitted with swivel bucket seats and cross ram quads under the hood. Original documented miles and a concours-quality appearance imply that you can throw the price guides out of the equation here, and the bidders did just that. Well sold at a new record price. #248-1960 CHRYSLER 300F convertible. S/N 8403151830. Red/white vinyl/tan leather. Odo: 746 miles. 413-ci V8, 2x4-bbl, auto. Dashpad wrinkled a bit on underside, steering wheel shows age cracks. Fitted with a/c, power windows, and swiveling power seats. Chassis 78 detailing throughout. Some loose windshield trim, one area of worn-through chrome. Cond: 2. SOLD AT $31,900. A basic, well-restored plain Jane 260 V8 3-speed Mustang convertible in an iconic color combination. This price was market-correct for condition, and I'm sure the new owner can't wait for a sunny day. #209-1967 CHEVROLET CAMARO RS/ SS Pace Car convertible. S/N 124677L156264. White & blue/white vinyl/blue vinyl. Odo: 59,256 miles. 427-ci V8, 4-bbl, 4-sp. Body-off restoration with non-original 425-hp big-block and high-level details. Some interior two-tone trim coming loose, but still well done. Far from factory stock under the hood, with rack-and- was built almost entirely in Italy with a 383 Chrysler V8 at a cost per unit of $13,500. It was based on the Chrysler Firearrow concept cars of 1953 and 1954, and only 26 were built. This one sold fairly, and the new owner won't lose any money when it comes time to sell. See profile, p. 50. Sports Car Market

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Alfa Bits Recent Il Biscione sales on eBay by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #110218917396-1957 ALFA ROMEO GIULIETTA Spider racer. S/N 149503083. Black/black racing seat. 13 Photos. Boulder Creek, CA. “Why buy a race car when you can buy a legend? Founders Award 2005 Best Performance and Appearance of ALL cars at Coronado Speed Festival. Over 276 SCCA race wins; Over 30 Vintage race wins; 12 appearances at Monterey Historics; 13 Lap records at Laguna Seca and Sear Point pinion steering, Baer brakes, Billet Specialties wheels, and custom exhaust. Cond: 2. SOLD AT $88,000. It's hard to be sure about the pace car origin, as there was no paperwork to document how the car was fitted when new. Still, at double the low estimate of $40k, this modern hot rod brought serious money. Well sold. #234-1968 CHEVROLET CORVETTE convertible. S/N 194678S403501. Safari Yellow/black vinyl/black vinyl. Odo: 62,914 miles. 427-ci 400-hp V8, 3x2-bbl, auto. Equipped with factory a/c and power windows. Good paint with almost no orange peel, decent panel black vinyl. Odo: 51,583 miles. 396-ci V8, 4bbl, 4-sp. Acceptable paint with some dust and visible flaws, mostly new chrome and interior has a good look. Variable door gaps, windshield with micro-scratching. Detailed engine; bit of quick prep visible on bed. Cond: 2-. SOLD AT $48,400. This SS 396 El Camino had a lot of eyeball and would make a top local show car or driver. The 375-hp version is not easy to find, and this was fairly bought and sold at less than a comparable Chevelle or Camaro. Riverside Portland Seattle Willow Springs...Only two events on rebuilt engine, c/r transmission and rear end. 140 dyno horse power.” 15 bids, sf 0, bf 53. Cond: 1. SOLD AT $76,600. Usually, buying a used race car only gets you halfway there: Does this need to be magnafluxed? Would you bet your life on these brakes? How old are those hoses? This car's victories implied excellent craftsmanship. The winning bid seems about $20k high, so apparently that's the price of such faith. #250237144588-1976 ALFA ROMEO ALFETTA GT hatchback. S/N N/A. Orange & white/black racing seat. Odo: 47,000 miles. 10 Photos. Diamond Bar, CA. “This car has won a lot of Alfa races and is very fun to drive. Only weighs 2050 lbs.” 170 hp engine rebuilt, “with 11.3 mm race cams, 45mm weber carbs with port matched euro intake, euro exhaust, JE Forged #230-1969 SHELBY GT500 fastback. S/N 9FO2R481102. Maroon & white/black vinyl. Odo: 3,037 miles. 428-ci V8, 4-bbl, auto. Paint smooth and well-applied, body and panel gaps as good as original. Some scratches on windshield trim, other chrome and trim nice. Gauges and surrounds not restored, with visible gaps, new interior. Very light wear on original chrome, loose rocker panel trim. A nut-and-bolt restoration finished to a high level. Cond: 1-. SOLD AT $60,500. Since this was equipped with the rather rare L68 400-hp engine, a/c, a drop top, and Safari Yellow paint, I have to call it well bought at the price paid. #254-1968 CHEVROLET IMPALA SS 427 convertible. S/N 1646784128307. Red/ white vinyl/parchment vinyl. Odo: 2,097 miles. 427-ci V8, 4-bbl, 4-sp. Paint not perfect but still better than when new. Tinted glass still clear, pitting on right chrome wing window surround. Crude mesh cowl bug catcher, detailed engine 85mm pistons, aluminum radiator, magnaflow exhaust. 5 speed transaxle shifts smooth with good clutch. Full 6 point autopower cage, kirkey alumiunum seat. Big torsion bars, race sway bars front and rear, yellow koni sport shocks, aluminum race fuel cell, lexan windows.” 26 bids, sf 392, bf 34. Cond: 2. SOLD AT $7,500. Certainly less than the cost to duplicate, and likely worth the bid for the engine alone. Still, as a track-only car, and given how that limits the pool of buyers, I'd call this a market price. #150188725151-1980 ALFA ROMEO ALFASUD hatch- back. S/N N/A. Red, green, & white/blue racing seats. 28 Photos. Jacksonville, FL. Clear FL title. Hokey description looks like a script for Tony Danza and fails to convey even the most basic details of the drivetrain. “If you from Italy, how can you not bid on this Car?...This is as close to a Alfa Club Race Car shows fresh Chevrolet Orange paint. Interior nice, but showing some wear, including chips to steering wheel. Cond: 2+. SOLD AT $64,900. I couldn't help but like this car, and I was not alone. This was a high price to pay for a droptop SS Impala, but it still sold for $35k less than the giant neon Cadillac sign. Well sold at over the high estimate of $64k. #210-1969 CHEVROLET EL CAMINO SS 396 pickup. S/N 136809K431362. Blue/ that you might ever drive on the road. Has clear Florida Title, stopped racing the Car for 6 month ago... don't bid if you life at the west coast (smoke test), don't bid if you life in a safety check before registration state.” 31 bids, sf 167, bf 108. Cond: 3. SOLD AT $4,750. Even if you paid another two grand, the price is still not going to be the reason your friends will make fun of you. Well sold.♦ 80 originality, same with steering wheel. Equipped with tilt wheel and a/c. Undercarriage “as new.” Shelby-autographed glove box door and sunvisor. Cond: 2+. SOLD AT $96,250. Shelby cars seem to be holding or even increasing a bit today, and this was sold right on target for a later automatic. Well bought and sold. #233-1969 SHELBY GT350 H fastback. S/N 9F02M481894. Dark green & yellow/black leather. Odo: 17,610 miles. 351-ci V8, 4-bbl, auto. Decent repaint in an original color appears smooth throughout. Straight body, some inconsistent panel gaps, ground edges visible on front bumper chrome. Gobby adhesive on hood vents, wear and dirt on original interior. Equipped with a/c and Tilt Away steering. Cond: 2-. SOLD AT $77,000. This car's equipment was supported with a Marti Report and by the Shelby Registry. As presented, it looked quite original, and it sold spot-on the current market level. #255-1969 CHEVROLET CORVETTE coupe. S/N 194379S715425. Monaco Orange/ black vinyl. Odo: 58,532 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Just OK paint with prep and masking flaws visible. Nose appears to have been repaired at some time. Panel gaps show original inconsistencies, interior has one Sports Car Market

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RM Auctions Dallas, TX its share of needs, but appeared to be a good original driver, and it was a good buy at this price considering the 440 Six-Pack. #235-1970 CHEVROLET CHEVELLE SS 454 LS6 2-dr hard top. S/N 136370K165122. White & black/black vinyl. Odo: 38,257 miles. 454-ci V8, 4-bbl, 4-sp. Factory detailed underhood, undercarriage as-new. Fitted with Cowl Induction, LS6 450-hp V8, and AM radio. cigarette burn on driver's seat. Dirty undercarriage, smog pump intact. Cond: 2. SOLD AT $67,100. The sharks are showing great strength in the Corvette world. This was a big price for a local show driver that might take home some trophies and still be able to drive for fun. #211-1970 PONTIAC TRANS AM coupe. S/N 228870N128489. Blue & white/black vinyl. Odo: 66,104 miles. 400-ci V8, 4-bbl, 4-sp. Cracks in paint at passenger side drip rail, poor fit and ground-out hole in windshield trim. Tear in driver's seat and rear seat center Gas pedal missing, door gaps varied, cracks in original steering wheel. Cond: 2+. SOLD AT $99,000. The LS6 option cost over $1,000 on a $3,800 car, but that price seems worth it today. Sold right on the money for an example of what many believe to be the ultimate GM muscle car. #238-1970 PONTIAC GTO convertible. section. Repainted dash top shows flaws before paint. A claimed unrestored Ram Air III car with all gauges working. Cond: 2-. SOLD AT $35,200. One of 3,198 Trans Ams built in 1970. This one was not perfect, but it wasn't too bad, either. Sold under the low estimate of $40,000 and bought fairly at that price. #222-1970 DODGE CHARGER R/T 2- dr hard top. S/N XS29V0G133841. Blue & white/blue vinyl. Odo: 57,510 miles. 440-ci V8, 3x2-bbl, 4-sp. Repaint shows flaws and chips on black hood trim. Original interior still in good overall shape, detailed engine not to a show-quality level. Paint on undercarriage original chassis. Dash shows some age, interior and engine compartment show light wear from use. PHS documentation. Cond: 2-. SOLD AT $55,000. The options featured on this drop-top Goat would make it an excellent driver, and even though it had some visible issues, those issues would not be a big deal to fix. Well bought at $5k under the $60k low estimate. #249-1970 DODGE CHALLENGER Hemi chipping and showing surface rust. Equipped with power steering and power brakes. Cond: 3+. SOLD AT $66,000. Older, mediocre restoration to a decent original car. This showed R/T 2-dr hard top. S/N JS23ROB245618. Black/black vinyl. Odo: 81,678 miles. 426-ci V8, 2x4-bbl, auto. Body shows some trim dents and orange peel inside panels; paint is smooth and shiny throughout. Date-code replacement engine, loose driver's seat back. Govier-documented, original build sheet and dealer invoice. Fitted with tinted glass, Music Master radio, Rallye instruments, side stripe delete, and other trim OK. Undercoated chassis, poorly painted wheels, engine compartment shows decent detailing. Cond: 3+. SOLD AT $66,000. The 375-hp cars were really fast in their day, and they looked just like a grocery getter on the street. However, $66k is huge money for any '70 Nova. Wouldn't you rather have a Corvette? ♦ S/N 242670Z132655. Red/black vinyl/red vinyl. Odo: 79,785 miles. 455-ci V8, 4-bbl, 4-sp. Fitted with power windows, a/c, and hood tach. Driver-quality paint with some chips, door gaps wide in front, other panel gaps decent. Nice chrome and trim, unrestored heavy-duty Dana 9.75-inch rear axle. Cond: 2. SOLD AT $170,500. Last seen at Mecum's Belvidere sale in May '06, where it sold at $210,000 (SCM# 41727). Good documentation is golden even with a replacement block, and with the options noted, I thought this was a bargain. #259-1970 PLYMOUTH SUPERBIRD coupe. S/N RM23V0A167083. Tor-Red/black vinyl/black vinyl. Odo: 11,996 miles. 440-ci V8, 3x2-bbl, auto. Decent paint with some prep flaws visible, trim dents on A-pillars. Half-inch split between aero nose and body. New interior has no wear but is missing glovebox liner. Engine not original to car. Cond: 2. SOLD AT $104,500. With the needs noted, this would have made a great driver or light project, and the price paid was market-correct with that in mind. Both parties should be happy. #273-1970 CHEVROLET NOVA SS 2-dr hard top. S/N 10W196384. Metallic green/green vinyl. Odo: 99,496 miles. 396-ci V8, 4-bbl, 4-sp. Smooth paint and bodywork, consistent panel gaps, nice chrome. Poor fitting windshield trim, drip rails crudely chopped off, 82 Sports Car Market

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H&H Auctions Gloucestershire, U.K. The Cheltenham Racecourse Mussolini's Alfa brought $1.1m, despite a sales rate down from H&H's previous high averages Company H&H Auctions Date February 27, 2008 Location Gloucestershire, England Auctioneer Simon Hope Automotive lots sold / offered 42 / 76 Sales rate 55% Sales total $2,454,187 High sale 1935 Alfa Romeo 6C 2300, sold at $1,079,681 Buyer's premium Handsome offerings in Cheltenham Report and photos by Paul Hardiman Market opinions in italics T his was a mildly disappointing outing for H&H on its second visit to the Centaur at Cheltenham Racecourse. Moving the metal was hard work, even though the company sold its star lot post-block, the ex-Benito Mussolini 6C 2300 Alfa, for a claimed 6C world record of $1,079,681. H&H reliably pulls sale rates of almost 80%, them) it had been reshelled at least once by the Works and was only approximated to its period specifications—and history and details are everything with these cars. But, on a happier note, six out of seven of a small and superb German-owned collection of well-restored American cars found new owners at very attractive prices. Other good buys included an as-new 1990 Ferrari Mondial t with just 3,815 Gloucestershire, UK but on this day could only manage 55%—42 cars sold from 76 offered—after the top lots fell flat. The ex-Colin McRae Subaru Legacy had been sold before the auction, bidding on the Alfa stalled at an insufficient $700,000 on the day, and one of the ex-Works Minis had to be withdrawn due to a paperwork glitch. Hopefully that glitch was a genuine oversight, and after it's sorted out, the car will likely appear at a later sale with the hopes of making up to $100,000. But none of these should have caused early jitters, as they were all scheduled to cross the auction block near the end of the sale. Although the conference hall venue was packed, the auction never really got moving, and even Simon Hope's continued trademark dry wit could do little to lift the final totals. Hope got the second ex-Works Mini Cooper S offered away for $87,560, although (like so many of 84 miles that brought $51,442, as well as a right-hand-drive Facel Vega HK500 in super order for $69,501. The 1939 Raymond Mays Special tourer found new ownership at $45,969, while a 1967 Ferrari 330 GTC in silver with blue leather traded hands at $218,900. Notable no-sales included a 1937 Cord 812 SC Beverly four-door sedan, which failed to sell at $66,000, a 1963 Studebaker Avanti that was bid to an inadequate $18,000, a 1964 Plymouth Sport Fury sedan that returned home with its seller at $29,000, and a 1994 Dodge Viper that stalled on the block at $34,000. Automobilia sales were strong as ever, and 25 of the 38 motorcycles gathered in the foyer sold well at $348k. The top scorer of the bikes sold was an A.J.S. 7R, which brought $90,844. “A stonking result for a stonking bike,” commented Hope to applause. Last year's Cheltenham sale in February brought $3.7m for 64% of the 73 cars on offer, and although three more cars were offered this time around, the buyers just didn't seem as interested. ♦ Sports Car Market $1m $2m $3m $4m Sales Totals 2008 2007 2006 10%, included in sold prices (£1=$1.99)

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H&H Auctions Gloucestershire, U.K. ENGLISH #33-1939 RAYMOND MAYS SPECIAL tourer. S/N SABTVR03783279002. White/ brown leather. RHD. One of two survivors of five built. Once owned by AF Rivers Fletcher, then by the Berkshire police. In the U.S. from 1947-1989. Slightly shabby with aged interior, dash and instruments OK. Replacement engine, and instruments in good shape. Mileage could well be genuine. Cond: 3. SOLD AT $12,696. A steady core of enthusiasts keeps these popular in the U.K. and France, with many survivors still on the road of the 22,000 built. This price was slightly below estimate, but just about on the money for an example in this condition. #46-1952 JAGUAR XK 120 coupe. S/N 681074. Eng. # W81188. Green/brown leather. Odo: 34,384 miles. Restored in the '80s and presumably has lived a hard life on rallies since. Good straight body, chassis looks OK. Scruffy engine bay, brown leather interior shows a nice patina. Instruments good, extra tripmeter noisy gearbox. Cond: 3-. SOLD AT $45,969. This price seemed fair, but how does one price a unique oddity? This was more expensive than an Allard, but it was also rarer and more refined, and it has VSCC Post-Vintage Thoroughbred recognition. A decent deal for buyer and seller alike. #10-1950 MG TD roadster. S/N TD2776. Cream/black canvas/green leather. RHD. Supplied new as a kit to South Africa, repatriated in 1983 and latterly in the Cotswold Motoring Museum. Tatty but complete. Interior better than body, not run for many years so the cage. Still on last Works-fitted bodyshell from 1968. Cond: 3. NOT SOLD AT $60,000. Withdrawn from sale after no bids at starting price of $60,000. The market had obviously decided that without a V5C registration document the car wasn't worth having—even for static display. We'll get another stab at its value when the paperwork is resolved and it comes to sale again. #61-1967 AUSTIN MINI COOPER S Ex- installed. Fitted with electric fan, brake servo, and 4.2-Liter XKE head. Cond: 3-. SOLD AT $55,272. Sold quite some way over estimate. There are lots of 120s on the market right now, so although the price paid was cheapish, this was a shabby German-reg left-hooker, so it was surprising to see it go for as much as it did. Well sold. #19-1962 JAGUAR XKE SI 3.8 coupe. S/N 860191. Red/black vinyl/black leather. RHD. Odo: 64,823 miles. Flat-floor car of very good appearance after a $120k restoration, but slightly rough in door doglegs. Good chrome, interior correct, Webasto sunroof. Nice throughout, but not to show standards. mechanicals are an unknown quantity. Cond: 4. SOLD AT $12,915. This was half the bottom price of a nice one, so there was plenty of margin for cosmetic improvement of this fundamentally sound car. That said, it was probably only cost effective for the enthusiast who can do the work at home. #30-1951 FORD PILOT 4-dr sedan. S/N 49019476. Blue/blue vinyl. RHD. Odo: 32,032 miles. The last hangover of the sidevalve V8 Ford. Body fair, with older repaint cracking throughout. Vinyl to bench seat splitting, dash Cond: 3+. SOLD AT $76,615. This had been in South Africa before being repatriated in 2002. The price paid was reasonable roadster money, although there's little difference between open and closed cars at this age and condition. Slightly under estimate but a fair deal both ways. #60-1964 MORRIS MINI COOPER S Ex-Works Rally racer. S/N 1095945A. Eng. # 9FSAY32443. Red & white/black velour. RHD. Odo: 66,024 km. An eagerly awaited exWorks car, but a paperwork anomaly meant the licensing authority pulled its V5C just before the sale. Exact history unclear, as with nearly all Works Minis, but almost certainly the prototype Hydrolastic rally car. Good overall with some restoration and no rot. Well-used interior, all the right bits include inside servo and rear 86 Sports Car Market cage with new patches on floor under mounts, Halda Twinmaster, Moto-Lita wheel. MOT through Jan '09. Cond: 3. SOLD AT $87,560. Ex-Works Minis are a minefield, and this was on the top estimate but under recent valuations of cars with good history. The price paid was about right for continuation of a known car in lesser specs that was reshelled at least once in period (as most were). Buyer and seller should both be happy. #53-1969 ROLLS-ROYCE SILVER SHADOW sedan. Silver-gray/gray leather. RHD. Decent original condition, with older repaint lifting, flaking, and starting to Works Rally racer. S/N CA2S71012033A. Red & white/black velour & leather. RHD. Odo: 11,500 miles. From the period when BMC moved from rallying to racing, this exWorks Mini (raced by Hopkirk, finished 14th on '69 Tour de France) has been well restored. Split Webers rather than injection, eight-port head comes with car. Bolt-on Minilites, rear

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H&H Auctions Gloucestershire, U.K. bubble at edges. Interior leather OK, timber varnish flaking and fading. Nice number is worth a few bob. Cond: 4. SOLD AT $7,308. Offered without reserve, so the seller just wanted it gone. This was more evidence that you can buy a lovely old Shadow for pocket money. Runners don't come any cheaper. These can be quite delightful to smoke around in—just don't expect it all to work. Both buyer and seller should be happy. #37-1971 JAGUAR XKE SIII convertible. S/N IS2235BW. Red/black vinyl/tan leather. RHD. Odo: 18,873 miles. Straight and tidy body, dust marks in paint, good interior and engine bay. Very low mileage, with less than 1,000 miles. One owner until 2003, when sold to a new owner in Ireland. Nice straight body, good paint, chrome fair with some dulling. Brown vinyl interior in good shape with new carpets, but window rubbers perishing. Cond: 3+. SOLD AT $7,005. Sold at $1,000 over its top estimate. These fintail saloons are sought after for historic rallying, but not in auto form. Well sold in this uninspiring color scheme. #11-1986 BMW M635 CSi coupe. S/N WBAEE320800760289. Black/cream leather. RHD. Odo: 192,198 miles. In black with a manual trans... the holy grail. Repainted in the past, with rust just beginning to creep out under the windshield. No inner fender rot, outer claimed to have been covered in the last ten years. Extensive history offered with car. Cond: 3. SOLD AT $74,426. Cars like this need to be used rather than parked, so the lack of mileage here may have worked against the seller. This was an unremarkable price for a convertible, but the paint issues noted let it down. FRENCH #32-1993 PEUGEOT 205 GTi 2-dr hatch- back. S/N VF320CDK225182651. Metallic blue/gray leather & velour. RHD. Odo: 108,799 miles. The spiritual successor to the Mini Cooper, this is the later, bigger-engined model a year from the end of production. Very rare to find in untouched condition due to boy- to crack, engine bay tidy but not concours. No sign of having had the crucial 100,000-mile timing chain replacement. Cond: 3. SOLD AT $14,229. This price was a risky area for the sought-after E30 M3, especially if it's not had that cam chain replacement. Prices of these are heading north, so this could have been a good buy... but it could have also been a money pit. ITALIAN TOP 10 No. 1 #55-1935 ALFA ROMEO 6C 2300 Pescara spyder. S/N 700635. Eng. # 700635. Maroon/black mohair/dark fender bolts undisturbed. Interior tidy with good leather. Cond: 3. SOLD AT $9,632. This sale price was a little under the low estimate, so clearly the seller didn't want to take it home. These can take enormous mileages, but this one's been to the moon and will most likely be a bit smoky by now. #64-1986 PORSCHE 911 3.2 Carrera targa. S/N WPOZZZ91ZGS. Red/black fiberglass/black leather. RHD. Odo: 69,800 miles. Desirable late model with G50 trans. No bubbles around front or rear windows, rock chips under headlights, or stars in hood. Black leather good, with only light use visible. racers, a dedicated rally series and fierce lift-off oversteer, which backed many through hedges. Almost as-new apart from K&N filter and bigbore exhaust, no trim missing or scuffed, one small crack in paint on tailgate. Cond: 2-. NOT SOLD AT $3,000. These are rare in this condition, so it was a wonder this '80s/'90s icon stayed put. C'mon, the seller only wanted four grand... I nearly put my hand up meself. GERMAN #18-1964 MERCEDES-BENZ 220SEB 4-dr sedan. S/N 11101422069942. Cream & brown/brown vinyl. RHD. Odo: 39,552 88 Heat exchangers OK, new nuts on cam covers suggest recent care. Full service history, so mileage is probably genuine. Cond: 3+. SOLD AT $23,245. Good 911 Targas are gathering pace in the U.K., so this clean example with (and former Alfa test driver) Ercole Boratto. Few owners, mechanically and structurally restored, several concours awards since 2005. Perfect throughout. Cond: 1. SOLD AT $1,079,681. Sold to a new owner after crossing the auction block. Despite the presence of suits with American accents in the room and interest on the telephone, bids topped out at $700,000. However, H&H closed the deal on Monday with a private European collector, claiming this as a world record price for a 6C 2300. See the June “Etceterini Profile,” p. 54. #3-1962 FIAT 500D 2-dr sedan. S/N 110D503688. Orange/black vinyl/red vinyl. Odo: 46,741 km. Supplied new to France, unregistered in the U.K., although has been in the collection of Bernie Ecclestone for several years. Straight and solid, restored and repainted. New seat vinyl and carpets, new sunroof, new tires. No oil leaks (so was there any oil in it?). Sports Car Market gray leather. RHD. Odo: 382 km. The last Pescara chassis 6C to be made, supplied specially-bodied with a rumble seat to Benito Mussolini. Raced on the '36 Mille Miglia to 3rd in class and 13th overall by his chauffeur low mileage was well bought at the low end of its estimate. #4-1987 BMW M3 E30 coupe. S/N WDBSAK010502191098. Graphite/black leather. Odo: 173,519 km. Sold originally to Germany, imported to the U.K. in 1998. Off the road since 2002, welded and painted last year. Body good, missing rain gutter from driver's A-pillar a bit worrisome. Leather just starting

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

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H&H Auctions Gloucestershire, U.K. frame powder coated, new chrome fitted. Brocade interior nearly perfect. Cond: 2+. SOLD AT $96,621. A provisional bid of under $90k was accepted during the sale, which looked like a total bargain against the pre-sale estimate of $120k-$130k. Well bought, as the money spent was undoubtedly far less than the cost of restoration. #48-1937 CORD 812 SC Beverly 4-dr sedan. S/N 1468S. Eng. # FC2774. Gray/blue cloth. Odo: Cond: 2. SOLD AT $12,040. There was no reserve on this, so it was guaranteed a new home. This was not strong money for a nice 500, but it probably hasn't been run for a while and will require a bit of recommissioning before hitting the road again. TOP 10 No. 10 #56-1967 FERRARI 330 GTC coupe. S/N 10157. Eng. # 10157. Silver/blue leather. RHD. Odo: 86,255 miles. An English-supplied car. Good straight body and chrome with some restoration work done from 1999-2001. Nice paint, fresh-looking seats, good dash. Rebuilt engine, brakes, and front original paint to straight body. Retrimmed interior and refurbished mechanicals in good order, evidence of recent care under the hood. Cond: 2-. NOT SOLD AT $66,000. From the same German collection as other restored U.S. iron in the sale, but bidding fell far short of $80k bottom estimate. The owner let a couple of others go at low money, but this much would have been too hard to swallow. suspension 12,000 miles ago in 1989. Some history, invoices from Ecurie Francorchamps in Belgium. Cond: 3+. SOLD AT $218,900. Battling between the auctioneer's phone and a cell in the room saw the price hit this level, but it was eventually sold to a fresh bidder. The price paid was not expensive compared to the last GTC H&H sold, which made $302,940 in October '07 (SCM# 47158). Well bought, and in an attractive color like this, it will retail for more. AMERICAN #51-1930 CORD L29 4-dr sedan. S/N 2928752. Turquoise & black/cream cloth/light brown brocade. Odo: 53,719 miles. Excellent money-no-object restoration and repaint in 2003 and 2004. Motor and trans overhauled, #45-1949 CADILLAC SERIES 61 fast- back. S/N 496192346. Metallic blue/gray cloth. Odo: 59,154 miles. 331-ci V8, 2-bbl, auto. Superbly restored in 2005. Straight body, excellent paint, all new chrome. Interior redone, with perfect headliner and new dash. Rebuilt engine and transmission, 12-volt electrics. '53 controls in good shape. Cond: 2. NOT SOLD AT $18,000. Bid to $18k against a $26k-$30k pre-sale estimate. Bringing an Avanti to a U.K. auction is a gamble. With their odd looks, buyers really have to want one, and on this day, nobody did. #20-1964 PLYMOUTH SPORT FURY 2- dr sedan. S/N 3341211734. Red/black vinyl. Odo: 57,946 miles. 413-ci V8, 4-bbl, auto. Straight body and chrome, super-clean engine bay, unmarked interior with new door cards and headliner. Lots of new parts fitted. Overhauled trans with B&M shifter, drilled and vented 42,662 miles. Started as an 810, returned to the factory and modified with a supercharger and bustle back. Reputedly therefore the model prototype and recognized by the ACD club. Good older restoration with some dash and interior with pink brocade pattern specially recreated by SMS of Portland, OR. Cond: 2. SOLD AT $19,701. Although these are unfashionable in the U.K., this was remarkably cheap and it was a surprise that the German collector owner let it go. At $8k under the lower estimate, the London trader who bought it got a hell of a lot of car for the money. #42-1963 STUDEBAKER AVANTI 2-dr sedan. S/N 63R2866. Red/red metallic vinyl. Odo: 85,565 miles. 289-ci V8, 4-bbl, 4-sp. Very well presented, with straight body, good chrome, and red metallic vinyl interior in excellent order. Original radio and slider heater Eldorado chrome wires, new whitewall tires. Cond: 2+. SOLD AT $45,969. There was much interest in this from the English competition community, who desired the 331-ci V8 for historic racers such as an Allard or Sadler (“We'll stick in a 390—they look the same...”). Sold over estimate for much less than it cost to restore. A good buy for anyone's money. #50-1954 PACKARD PATRICIAN 4-dr sedan. S/N 54524712. Vanilla Cream/pink & red brocade. Odo: 29,192 miles. 359-ci straight 8, 4-bbl, auto. Straight body, mostly good paint with few tiny bubbles, excellent chrome. Perfect 90 discs, new rear shocks and chrome pancake filter. No leaks from motor or trans. Cond: 2. NOT SOLD AT $29,000. This was the usual quality fare from a meticulous American car specialist seller who knows his values, but perhaps West Cotswold buyers weren't quite ready for it. There's likely no better example in the U.K., so this was a missed opportunity.♦ Sports Car Market

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RM Auctions Toronto, CAN Spring Classic Car Auction of Toronto Buyers focused on the $20,000 and under level, and many were buying what amounted to do-it-yourself projects Company RM Auctions Date April 4–6, 2008 Location Toronto, Ontario, Canada Auctioneer Brent Earlywine & Mike Shackleton Automotive lots sold / offered 171 / 358 Sales rate 48% Sales total $4,040,950 High sale 1970 Dodge Challenger R/T failed to sell at $58,000 Report and photos by Norm Mort Market opinions in italics W ith the talk of recession being whispered about in Canada along with the sluggish U.S. economy, the average enthu- siast might not have been as willing to indulge his fantasies at this year's spring RM Toronto sale than was the case in the past. Canadians are a rather conservative bunch, and when money gets tight, so does their grip on their wallets. Similarly, the stronger Canadian dollar means our American cousins won't walk away with as great a deal as they have in the past. Just a year ago the weaker Canadian dollar difference had translated into a 20% or more advantage for our American neighbors. Although the sales percentage was slightly up from the fall auction, which saw 46% of the 360 lots offered change hands, the number of traditional collector cars was down. A far greater percentage of the sales at this event were borderline special interest BMW and MercedesBenz models from the late 1980s and 1990s—and many of those were sedans rather than sports cars. These factors would lead one to expect total sales to be down, but the overall results saw some growth from last year's $3.7m. Yet, of the 171 lots sold, nearly 60 were under $10,000, and another 45 vehicles sold between $10k and $20k. This was not a reflection on RM's ability to auction vehicles, but rather an indication of the changing market conditions at the grass roots level. As has been seen in other hobbyist auctions throughout the world, the average enthusiasts here were either 92 1997 Porsche 911 Twin Turbo S coupe, sold at $161,172 Buyer's premium 10%, included in sold prices ($1 CAN=$.99) Toronto, CAN standing pat with what they owned or were not willing to invest a higher percentage of money in something on the block. These buyers appeared to be focusing at the $20,000 and under level, and many of them were buying what amounted to do-it-yourself projects due to the rising costs of auto restoration. That said, the high-priced, fully-restored collectible vehicles still continued to find new buyers as well. Aside from the relatively new 1997 Porsche 911 Twin Turbo S coupe that was this year's high sale at $161,172, a nearly perfect 1966 427 Corvette convertible fell into this category at $160,128. The shocker of the sale was a 1956 Canadian Monarch Richelieu convertible that was hammered sold at $122,513. The Monarch was a unique Canadian- built car that was a combination of Mercury and Ford models. Competitive with the popular Buick Special in Canada, there were just 7,998 1956 models built in three series and eight body styles, and the top-of-the-line Richelieu was powered by a 225hp, 312-ci Ford V8. Unique Canuck cars don't usually command huge prices such as this Richelieu, but the chances of finding another of this quality are unlikely. Along those same lines, a 1967 Pontiac Acadian Canso two-door hard top with a slew of aftermarket components found new ownership at a market-correct $39,204. A very nice but not concours 1972 Fiat 500 sold for $12,796, proving “cute” always sells, while a very needy 1957 Jaguar XK 120 convertible commanded $40,293 from its new owner. Thus, there were some very good buys in Sales Totals this buyer-friendly market, and although the final sales percentage dropped 10% from the 58% realized here in 2007, there was no lack of enthusiasm among RM's hometown bidders. ♦ $1m $2m $3m $4m $5m 2008 2007 2006 2005 2004 2003 Sports Car Market

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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 1957 Ferrari 250 GT Boano, s/n 0641 GT. Perhaps the finest Boano available. Stunning restoration of Low Roof model by Perfect Reflections. Multiple awards including Best of Show and People's Choice. Platinum at Cavallino 2004. $795,000. 1952 Jaguar XK-120. Fresh, correct, frame-off restoration with C-spec head. A true pleasure to drive with a tight chassis, effective brakes and seamless, powerful engine. Louvered hood, hard tonneau, aluminum wheel rims, tools. $138,500. 1961 Bentley S2 Continental Park Ward. Open coach built, low mile Bentley in exquisite condition. Excellent compression. Recent work includes braking and cooling systems. Factory AC, tools and books. Records and ownership from 1968. $225,000. 1955 Arnolt-MG. With its Ferrari flair and looks this rare Bertone bodied coupe is sure to be a hit everywhere it goes. Restored and reliable with multiple concours wins and awards. MG-TD chassis delivered new with optional 1500 engine. $78,500.

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RM Auctions Toronto, CAN CANADIAN #SP129-1956 MONARCH RICHELIEU convertible. S/N 376BK56213381. Verona Green & white/white vinyl/green vinyl. Odo: 78,253 miles. 312-ci V8, 4-bbl, auto. Full option list includes ps, pb, spot and driving lights, factory radio, clock, and Continental kit. Flawless paint, correct colors, excellent concours-quality use. Original detailing under hood. Cond: 2-. SOLD AT $38,115. Imported from Germany in the 1970s, this was a much-admired M-B. It had curb appeal and was mechanically sound, but it also had numerous cosmetic issues. Well sold, and considering the increasing values of 190SLs, probably well bought in the long run. #SP147-1969 PORSCHE 911T coupe. S/N 119220293. Red/black vinyl. Odo: 78,989 km. Excellent paint, decent original chrome shows some dulling and scratching. Like-new seats, door panels, and gray carpets. Refinished SOLD AT $40,293. This had been supposedly well maintained by Jag experts, but in which decade? No prep was done on this Jag before the sale, but that didn't seem to affect buyer enthusiasm. Although future restoration of this XK will be expensive, it still might have been well bought... but that's just as long as prices stay high. chrome. New two-tone green interior shows no wear. Fully detailed engine, compartment, and undercarriage. Cond: 1. SOLD AT $122,513. A rare, beautifully presented Canuck car that set a record price for Monarchs. This was a lot of money, but it was also a lot of car, and it's much rarer than a comparable '56 Chevy. #SP31-1967 PONTIAC ACADIAN Canso 2-dr hard top. S/N 71537711003268. Blue/ blue vinyl. Odo: 34,163 miles. 327-ci V8, 4-bbl, auto. Pristine condition inside and out. Carefully detailed and fitted with all the correct Canso performance goodies and parts. Some minor chrome stainless issues, some chrome redone over existing pitting. Aftermarket #116-1990 AUSTIN MINI MayFair sedan. S/N 99X71815AR. Blue/white/ black cloth & leather. Odo: 77,605 miles. Recent import from Europe. Decent paint with some scars, all original chrome, new trim. Interior original with cigarette burn in driver's seat. wheels. Cond: 2+. SOLD AT $32,670. I might have said this 911T was a bit on the high side if I hadn't heard it had undergone a recent $40,000 restoration. It looked the part, but it was just a 1969 T, so I'd call it well sold. #SP10-1970 VOLKSWAGEN KARMANN GHIA coupe. S/N 1402756636. Green & white/white vinyl. Odo: 73,374 miles. Recently restored/refurbished. Decent paint with minor issues, chrome cracked and peeling on rear bumper, hubcaps scratched. White vinyl interior smells and requires a good cleaning. Seats Hoosiers, Centerline wheels, stereo, and steering wheel. Full roll cage added over and through stock seats. Cond: 2+. SOLD AT $39,204. Impressive and nearly perfect, this rare Acadian was popular and caused a great deal of excitement. Light blue paintwork suited the car, and the bid was about right for this Canuck hot rod. ENGLISH #SP36-1957 JAGUAR XK 140 roadster. S/N S819249. White/black cloth/red leather. Odo: 7,986 miles. Old paint cracked, chipped, and scratched. Terrible door fit, frame repair or accident damage in the past. All chrome dull or scratched, decent blood-red interior, black cloth top shows wear. Needs new knockoffs and wires repainted or possibly rebuilt. E-type head fitted, but engine appears well worn and in need of a rebuild. Resprayed black underside includes doors. Same owner since 1975. Cond: 4. 94 Tinted glass, wooden dash and steering wheel. Competition pedals added. Clean and original under the hood. Cond: 3. SOLD AT $8,276. One of a continuous number of Minis imported on a regular basis. This was an LHD car, which isn't usually the case. A solid Mini at this price is a good buy, and this one will be good cheap fun in the future. GERMAN #183-1961 MERCEDES-BENZ 190SL roadster. S/N 12104010022709. White/black cloth/red leather. Odo: 41,589 miles. An original, low-mileage European-spec SL. Older paint with blemishes and touch-ups visible. Decent older chrome shows wear and clouding, original red leather interior shows some minor need to be restuffed, gray carpet still nice. Engine compartment requires detailing. Cond: 3. SOLD AT $13,068. Karmann Ghias are rising in value at a steady rate in the Canadian market. I was offered a concours convertible at $16k and declined. This price for a coupe in good condition sounded high, but both parties should be happy. ITALIAN #619-1972 FIAT 500 2-dr sedan. S/N 5140274. Orange/black vinyl. Odo: 6,040 miles. Decent orange paint with minor flaws, recent black vinyl sunroof shows well. Combination of original and new chrome, new black vinyl seats and rubber floor mats. Some detailing on engine, silver painted wheels, flat black chassis. Cond: 3. SOLD AT $12,796. A large active club in Toronto keeps these di Sports Car Market

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RM Auctions Toronto, CAN and side panels. Engine looks like it hasn't been serviced since 1922. Cond: 4+. SOLD AT $7,895. Older refurbishment or abandoned restoration? This stylish old Dodge ran decently and would make a great local parade car. At this price there was no harm done. #SP88-1947 CADILLAC SERIES 62 con- minutive 2-cylinder Fiats on the road. The 500 is one of the few microcars that can be driven and driven hard, and they're cute and hard to resist. The last Toronto RM auction in October '07 brought a similar result at $11,903. This price seemed a bit high, but values are climbing and this mechanic-owned example was nice throughout. #SP43-1980 FERRARI 308 GTBi coupe. S/N ZFFAA01A9A0035577. Red/black leather. Odo: 31,000 miles. Excellent paint and panel gaps. Driver's seat wrinkling, passenger's seat like new, rear shelf stained and faded. Cat's whiskers faded. Clean under hood with good vertible coupe. S/N 8432807. Green/tan vinyl/ brown cord. Odo: 30,686 miles. Older paint shows wear and touch-ups but is still decent. Chrome trim pitting, newer bumpers fitted. Sagging brown cloth interior, cracked steering wheel, non-original old nylon carpets. Older once well-detailed engine now shows a fair bit Cond: 2. NOT SOLD AT $45,000. This mild Custom was a real sleeper. Even though it was an original 22,000-mile California car, it just didn't ignite the bidding. The owner was smart to pass on the low bid. #SP83-1956 FORD THUNDERBIRD convertible. S/N P6FH342719. Red/white/red & white vinyl. Odo: 39,931 miles. 312-ci V8, 4-bbl, auto. Decent paint with very minor dirt and some light scratching. Mostly newer chrome, rear bezels pitted. Newish red and white vinyl interior shows some wear and of use. Flat black underside. Cond: 3. SOLD AT $44,649. Nicely equipped with wide whites, Hydra-Lectric windows, Sombrero wheel covers, radio, and spotlight, this Caddy was much admired. As a driver with a bit of freshening up, it was ready to go to the next CCCA meet, or you could drive Miss Daisy to fund a restoration. Price was good for both buyer and seller. #SP45-1949 LINCOLN COSMOPOLITAN detailing throughout. Cond: 2. SOLD AT $46,283. Described as being fully restored, this low-mileage 308 had its important 30,000-km maintenance work done. This was the first time these less expensive V8s have been offered here at close to U.S. pricing. Even though this was one of just 494 injected examples built, this price was still on the high side. Well sold. AMERICAN #614-1922 DODGE business coupe. S/N 775999. Black/black vinyl. Odo: 28,815 miles. Original black enamel chipped, scratched, and worn. New black vinyl seats, original worn leather door panels, new gray cloth headliner painted flat black. Cond: 2. NOT SOLD AT $30,000. Last seen here in October '05, where it sold at $45,138 (SCM# 39825). This was big, yellow, and beautiful, but there were no takers here. A Cosmopolitan, even in convertible form, is not on everybody's collector car list, and bids were soft. The owner was wise to wait until next time. #SP123-1951 MERCURY Custom 2-dr sedan. S/N 51SL73940M. Blue/gray cloth. Odo: 22,950 miles. Lowered, nosed, decked, and fitted with Appleton spotlights and wide whitewalls. Excellent silver blue metallic paint. All new chrome with minimal wear. Original style, new cloth stock interior and carpets. Fully detailed engine with flat black undercarriage. 96 carpet. Engine compartment clean and detailed, but showing age. Recently resprayed flat black underside. Cond: 3. SOLD AT $54,450. This car had the same owner for the past 34 years, and although its restoration was 28 years old, it still looked good and had aged better than Sports Car Market convertible. S/N 9EH039309. Yellow/black cloth/green leather. Odo: 8,650 miles. Minor paint imperfections visible. Chrome show quality but not to a concours level. Nice green leather interior and tan carpets, clean black cloth top. Fully detailed under the hood, undercarriage wrinkles, red carpets clean and well fitted. Detailed engine and compartment. Cond: 2-. SOLD AT $44,649. It's all about options on little 'Birds, and this one had the hard top, Continental kit, wind wings, wide whites, and curb feelers. Prices remain steady, although I think they're still undervalued. A fair price for both concerned. #413-1962 CHEVROLET CORVETTE convertible. S/N 20867S110244. Red/black cloth/red vinyl. Odo: 15,606 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Repaint from 1980 still good with minor chips, scratches, and touch-ups throughout. Older chrome shows some pitting and scratches. New black cloth top, good interior has minor fading and wear to

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Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. 2008 Porsche Cayenne Tiptronic most of us over that time. With no apparent problems to speak of, this was a good deal for both buyer and seller. #SP56-1963 CHEVROLET CORVETTE coupe. S/N 30837S105840. White/brown vinyl. Odo: 27,341 miles. 327-ci V8, 4-bbl, auto. Minor sanding marks and scratches in paint, chrome to show condition. Bland brown vinyl interior decent. Recently detailed under the hood, undercarriage finished in flat black. Price as tested: $51,650 Likes: Comfortable interior will suit four adults on longer drives; seating position gives good visibility front and rear. Direct-injected 3.6-liter V6 produces 290 hp and 273 lb-ft of torque. Excellent Porsche-standard build quality throughout. Gripes: Feels (and at 4,700 lbs, is) heavy, and at 14 mpg in the city, you may as well get the V8. Bland 17-inch wheels look more at home on a Chrysler. Steering wheel stereo controls slow to respond. Stripped-down model has no navigation or heated seats. Fun to drive: HH Fun to look at: HHH Overall experience: HH Verdict:Well done but unremarkable among its competitors. Image isn't everything, and this kind of money buys a lot more SUV elsewhere in this segment. If you have to have a Porsche SUV, pay up for the S or GTS.—Jim Pickering 2008 Honda Accord EXL V6 Flat black underside, Redline tires. Cond: 2. NOT SOLD AT $51,000. Behind every VIN, there's a story, and the one here had a lot to do with this car's lackluster performance across the auction block. Still, it was a decent example of a great driver, but the price of admission was higher as far as the owner was concerned. In this changing market, cars with questions are not doing well, so this seller might have been smart to let this one go. Cond: 2. NOT SOLD AT $59,000. Last seen here in October '06, where it failed to sell at $61,000 (SCM# 43512). Perhaps not concours, but a very decent driver for local cruises. This kind of money was closer to market correct a few years ago. 'Vette prices are still strong, so this bid was a little shy. #SP133-1964 DODGE A100 pickup. S/N 1862004586. White & blue/blue & gray cloth. Odo: 6,679 miles. 426-ci V8, 2x4-bbl, auto. Mild custom built to a high standard with hydraulic tonneau. Excellent paint, all new chrome and rare aluminum headlamp bezels. Custom panels, dash, added instrumentation and rebuilt 1990s donor seats. Rebuilt Hemi engine detailed and fitted with Hedman headers, 4-inch exhaust and more. Clean painted underside, Weld wheels. Cond: 1-. NOT SOLD AT $35,000. After rebuilding about a dozen #410-1967 FORD MUSTANG convert- ible. S/N 7T03A133979. Red/black vinyl/black vinyl. Odo: 72,111 miles. 302-ci V8, 4-bbl, 4sp. Average door fit, minor dings and creases in hood. Fresh red paint shows dirt and scratches. New chrome, old stainless. Like-new black vinyl top, older black vinyl interior with newer black carpets. Cond: 3-. SOLD AT $13,286. The chassis still had mud on it from last season, and an aftermarket console with cupholders kind of said it all. Here was an old 'Stang driver for going to cruise nights and shopping malls with little to worry about. The price paid was fair and both parties should be happy. Price as tested: $28,969 Likes: Benchmark. State of the art, 3.5-liter, 268 hp VTEC V6 is fast enough, 5-speed auto smooth. Handling, brakes and steering intuitively capable, tires big enough to protect rims from curbs. Superb finish inside and out, plenty of room, smart instrument layout, heated seats, decent navigation, XM radio. Almost 30 mpg on the highway and will last 200,000 miles. Gripes: Unlocking doors with separate remote press to let passengers out. (Second that—ED.) Fun to drive: HHHH Fun to look at: HHHH Overall experience: HHHH Verdict: Supremely capable; the car the Chevy Malibu desperately wants to be. As good as my 1955 Buick Century was when compared to everything else at the time.—Paul Duchene 98 A100 Dodges, this southern Ontario enthusiast is an expert and does excellent work. The A100 is a bit of a cult pickup and even more so if customized. The Hemi engine A100 transplant was reminiscent of Bill “Maverick” Golden's “Little Red Wagon” wheelstanding drag truck. This five-year-old example deserved more enthusiasm and will probably head stateside where many of this builder's cars have already ended up. #SP116-1967 CHEVROLET CORVETTE convertible. S/N L000000001. Black/black cloth/black vinyl. Odo: 63,693 miles. 327-ci 300-hp V8, 4-bbl, auto. Minor imperfections in paint, fresh chrome. All new black interior virtually perfect other than a few wrinkles. Needs fresh detailing in engine compartment. Sports Car Market #SP125-1967 CHEVROLET CORVETTE convertible. S/N 194677S113184. Black & teal/black vinyl/black vinyl. Odo: 141 miles. 427-ci 390-hp V8, 4-bbl, 5-sp. Virtually flawless paint. All new chrome except lightly scratched windshield trim. Fresh black interior, non-original seats. Beautifully detailed engine and compartment with 5-speed tranny fitted. Painted chassis shows basic detailing. Blueline tires. Cond: 2+. SOLD AT $160,628. Last seen here in October '07, where it failed to sell at

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Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. 2008 Acura MDX Sport Entertainment $149,350 (SCM# 47585). The slight upgrades from stock didn't seem to bother bidders. This had been beautifully restored, and with a 427, it must have been a rocket to drive. It was somebody's dream, but it was also a hefty purchase at the high end of the market. Well sold. #SP122-1968 PONTIAC GTO 2-dr hard top. S/N 242378B124930. Yellow/black vinyl/ black vinyl. Odo: 13,625 miles. 400-ci V8, 4bbl, auto. Reportedly original paint shows touchups, dirt, and prep issues throughout. Chrome a combination of original and rechrome, pitting on side vents. Original black vinyl interior still very decent. Engine compartment includes rust and Price as tested: $48,710 Likes: Extremely capable. 300 horsepower VTEC V6 adequate, 5-speed auto is worth using manually, active suspension/AWD combo reassuring. Controls simple, navigation system acceptable, front two rows of seats heated, multiple safety systems, power tailgate. Rear DVD for kids (with headsets), XM radio, surround sound, Bluetooth hands-free phone setup. Gripes: Third seat for jockeys. Bland exterior is formless. Thirsty. Fun to drive: HHHH Fun to look at: HH Overall experience: HHH Verdict: If there was such a thing as a 2008 Olds 98 Vista Cruiser, this is it. Unfortunately 13–18 mpg will seem familiar too.—PD 2008 Suzuki XL7 Limited 4WD Chevelles are still hot and the LS6 is the hottest. This price seemed about right, but in this market, I feel the seller got the best of this deal at this time. That said, a year from now the buyer may be laughing. #SP120-1970 DODGE CHALLENGER R/T convertible. S/N JS27N0B322033. Yellow & black/white vinyl/white vinyl. Odo: 79,014 miles. 383-ci V8, 4-bbl, auto. Excellent paint with minor dirt and orange peel, A-pillar trim scratched, combination of new and original chrome shows well. Hazy gas cap and rear wear. Claimed original miles, PHS documentation. Cond: 3+. SOLD AT $37,026. This was all-original with a “His and Hers” Hurst shifter for the 3-speed Hydra-Matic transmission, a/c, and other desirable options, but it showed some wear throughout. Still, it was an excellent buy despite the flaws noted. #SP39-1969 CHEVROLET CAMARO SS coupe. S/N 124379N566304. Red & black/ black vinyl/black & white cloth & vinyl. Odo: 57,518 miles. 396-ci V8, 4-bbl, auto. Recent full restoration to a concours level. Red paint with minor polish marks, Enduro bumper, fresh trim panel, new white interior, some wrinkles in convertible top. Excellent engine detailing, basic black undercarriage. Cond: 2+. NOT SOLD AT $58,000. One of 516 R/T Challenger convertibles built with 383 and auto transmission. Full history and documentation wasn't enough to sell this Dodge. The price was light and the seller was wise to pass. #SP32-1974 DODGE CHALLENGER Price as tested: $27,948 Likes: Complete package of options found on cars costing $10,000 more. Extensive safety system includes ABS, traction control, brake assist, airbags on three rows, neat rear camera in rear mirror. 252 hp V6 is adequate, 5-speed auto transmission smooth (if buzzy), good external fit and finish, useful back seat with third mini-seat behind it, navigation, XM radio, heated leather seats, intuitive controls. Gripes: Interior has acres of cheap-looking hard plastic; 16–22 mpg is just unacceptable for a mini-SUV today. Fun to drive: HHH Fun to look at: HH Overall experience: HHH Verdict: Seems like a bargain in a bitterly fought segment. Too bad about the mileage, another 5 mpg would do it.—PD 2-dr hard top. S/N JH23G4B131264. Blue & black/black vinyl/black vinyl. Odo: 53,652 miles. 318-ci V8, 2-bbl, auto. Excellent paint with minimal flaws. Mostly new chrome, some scratched trim, dented grille surround. Fresh interior. Engine painted with chrome accents chrome aside from window trim. Deluxe interior with console and gauges. Fully detailed engine and compartment, detailed undercarriage not to full concours condition. Cond: 1-. SOLD AT $57,173. Little to complain about with this well-restored Camaro SS. The right colors, options, and presentation brought an appropriate result. Well bought and sold. #SP141-1970 CHEVROLET CHEVELLE SS 454 LS6 2-dr hard top.S/N 136370A149683. Red & black/black vinyl. Odo: 29,698 miles. 454-ci V8, 4-bbl, auto. Decent paint not done to a concours level, with visible prep issues on hood edges. Nice chrome except for windshield trim, excellent panel fit, body straight and solid. Fresh black vinyl interior and carpet, basic detailing underhood and flat black underside. Cond: 3. SOLD AT $103,455. Last seen here in October '07, where it failed to sell at $110,725. 100 but could be improved. Cond: 2-. SOLD AT $18,700. Described as a full restoration, and it looked the part in all the right places. Matching numbers is not a big deal when we're talking 318, but it helps. This was a very nice car with supposedly $8,400 in bodywork and an appraisal for $26,000. Here was a case of the former owner missing the earlier big wave. This price was a bargain considering this car's condition. ♦ Sports Car Market

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Australian Roundup Melbourne Two From Down Under The number of Australian and American V8 entries was overwhelming— no doubt prompted by the rising price of oil and flattening muscle car prices Report and photos by John Clucas, Shannons photos provided by Shannons Auctions Market opinions in italics Shannons The Shannons Melbourne International Motor Show Auction is held annually in conjunction with the city's auto show. It seems like every car at auction is well scrutinized by all 250,000 show visitors, and as a consequence of that, the bids lodged on auction day fairly represent market values down under. In previous years, Shannons's offer- ings have included a good smattering of valuable European cars, but this year was different. None of the European consignments were particularly collectible, and the number of V8-engined Australian and American cars was overwhelming—auction entries no doubt prompted by the rising price of oil and anticipation of a flattening of muscle car prices. A 1971 Ferrari 246 GT Dino sold in accordance with SHANNONS Auction 2008 Melbourne International Motor Show Auction Date March 10, 2008 Auctioneer Bill Wellwood & John Lockwood Shannons: rare 1977 Holden Torana hatchback missed the mark at $167k accept for sale in Melbourne's motor show auction, so next year should be even more interesting. predictions at $166,520, while a 1977 Holden LX Torana A9X sedan found new ownership at $177,460. The top drawcard of the auction was a Ford Falcon XY GT-HO Phase III sedan that had a pre-auction low estimate of $512,365. Eighteen months ago, one of these race-bred monsters would have easily outdone that figure, but times have changed, and the Falcon didn't sell at $520k. Outside of the results above, the lesser-value Mustangs and T-Birds sold well, while a variety of Bentleys and Rolls-Royces demonstrated the market's continuing disinterest in such things. For one lucky shopper, the disinterest meant he went home with a wonderful looking 1982 Bentley Mulsanne Turbo saloon for just $29,440. The percentage of sales at Shannons this year was down a little compared with previous years, but the quality of the cars was higher and average prices correspondingly higher. This appears to indicate that over time Shannons is raising the standard for machinery they'll Bonhams & Goodman Sales Totals $500k $1m $1.5m $2m Bonhams When Sydney-based Goodman Auctioneers joined the Bonhams group of companies in 2003 to form Bonhams & Goodman, expansion of operations beyond the environs of Sydney became more than likely. In March, it ran a Collectors Motor Cars auction in Melbourne to coincide with that city's F1 Grand Prix, International Motor Show, and the historic motoring event at Phillip Island. Just 16 cars were offered at the Melbourne sale— Shannons Sales Totals 2008 2007 2006 $500k $1m $1.5m $2m seven from the '20s and '30s, three muscle cars, and an odd assortment of five others. A 1967 Shelby GT500 fastback was featured on the front cover of the sale catalog and was the auction's drawcard, but it raised little bidder interest. The two Shelby Mustang replicas that kept the real one company raised even less interest, and all three were passed. The standout sale was an amazingly original and unrestored 1930 4.5-liter Invicta high-chassis tourer. With well-documented provenance and a look of road readiness, four phone bidders and others in the room pushed each other to a sale price of $191,196—double the pre-auction mid-range estimate. The sale of the Invicta at this price and the non-sale of the next highest value lot—a well restored 1923 Rolls-Royce 20hp tourer with an apparent high bid of $105,090—proved yet again the premium buyers will pay for something unique. You can't buy patina at any price. B&G can probably blame the diversity 2008 2007 2006 2005 2004 2003 of the lots on offer and their relatively small number for the low attendance and the scarcity of bids this day. Most non-sales were fairly priced and should sell the next time around. ♦ 102 Automotive lots sold / offered 30 / 48 Sales rate 63% Sales total $1,399,780 High sale 1977 Holden LX Torana A9X sedan, sold at $177,460 Buyer's premium $920, included in sold prices (1 AUD=$.92) BONHAMS & GOODMAN Auction Collectors' Cars Melbourne Date March 13, 2008 Auctioneer Tim Goodman Automotive lots sold / offered 7 / 16 Sales rate 44% Sales total $411,337 High sale 1930 Invicta 4.5-liter Type A Tourer, sold at $191,196 Buyer's premium 13%, included in sold prices (1 AUD=$.94) Sports Car Market

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Bonhams & Goodman Melbourne, AUS BONHAMS & GOODMAN ENGLISH #130-1923 VAUXHALL TYPE OD 23/60hp Malvern tourer. S/N 568. Eng. # 570. Polished aluminium & blue/black vinyl/ black leather. RHD. Odo: 849 miles. Poor fitting doors typical of a timber-framed car. Some dents and scratches to aluminum, older repaint to fenders now shows some chips and scratches. Aluminum hood and scuttle pitted, few dents and ripples in nickel-plated items. New glass, nicely retrimmed seats, carpets, and from better known marques, the low estimate of $84,000 on this Invicta looked too low, and it was well bought even at more than twice that figure. Much of this car's appeal is in its originality, so let's hope the buyer isn't tempted to restore it. He'd never recoup the cost anyway. #120-1932 ALVIS 12/60hp sports saloon. S/N 974714623. Eng. # 10197. Undercoat & aluminium/dark green leather. RHD. Coachwork by Cross & Ellis. Restoration commenced, but with a long way yet to go. Unrestored rolling chassis with bodywork partly reassembled. Mostly new timber frame with some panels fitted, dash and some instruments in place. Engine looks to have been rebuilt. Most tires unusable, #134-1963 JAGUAR Mk II saloon. S/N 116947. Eng. # BJ2453. Dark green/green leather. RHD. Odo: 44,938 miles. Right side panel work straighter than the left. Dull original paint shows some crazing and some resprayed areas. Straight but dull chrome work, sunburned walnut interior panels. Non-matching leather on front seat squabs, faded headliner, door pockets loose. Tired-looking, grimy engine bay, door panels. Clean unrestored-looking engine, very good wheels, less good tires. A pretty and presentable example that's not pretending to be a show winner. Cond: 2-. SOLD AT $74,354. A mechanically updated version of the fast, more famous and valuable 30/98 model. Not the most beautiful styling, but this example looked well sorted and right to be driven home, which is probably why it appealed so much to the bidders. Seller and buyer should both be well satisfied. #123-1930 INVICTA 4½-LITER Type A tourer. S/N A157. Eng. # 74668974. Gray & black/gray cloth/brown leather. RHD. Odo: 860 miles. Variable panel fit, but doors still close beautifully. Tired original paint rubbed through in many places, minor ripples in most chrome. Original interior with carpets worn through and cracked/repaired seats, chips in laminated windshield. Original unrestored well-maintained engine, good tread on aging tires. Unmolested, well remaining parts in boxes. Well documented history. Cond: 5-. SOLD AT $10,091. An attractive body, but more power would make it nicer. Most parts seemed to be there, but doubts always exist for the buyer. The purchase of a car of this type in this condition cannot be viewed in terms of its likely success as an investment, as only enthusiasts who are prepared to lose money for the privilege and joys of ownership buy such things. Sold at what it was worth to an enthusiast. #121-1933 ALVIS FIREFLY 12hp sports tourer. S/N 10330. Eng. # 10780. Undercoat & aluminum. RHD. Non-original bodywork almost complete. Some new panels, some old, but all quite straight. Unrestored rolling chassis. Dash and some instruments in place, crankcase fitted, remainder of engine is in the back seat. Tires probably usable, remaining parts in frayed braiding on wiring looms. New chrome wire wheels. Cond: 3. SOLD AT $14,074. A usable, great looking classic, but more desirable in either of the larger engine options. This example needed much spent before it was likely to provide long-term trouble-free enjoyment, and it needed to have even more spent before it would look the part. It must have been the chrome wires that sold this car, because nothing else did. Well sold. FRENCH #128-1922 LORRAINE-DIETRICH MODEL B3-6 tourer. S/N 149. Eng. # 131938. Two-tone gray/black leather. RHD. Odo: 10,255 miles. Exceptionally straight bodywork with excellent panel fit all around. Excellent paint shows no orange peel and needs only a polish. Minor pitting in otherwise very good chrome. Beautifully restored interior cared for, and beautifully original in every respect except for a replaced engine block. Good history. Cond: 4+. SOLD AT $191,196. A great looking machine with performance to match. A true collectible, especially in this condition. Considering the value of equivalent machines 104 boxes. Well documented history. Same seller as the similar-condition Alvis in lot 20. Cond: 5-. SOLD AT $11,684. An attractive well-respected four-seat '30s British tourer. Most parts seemed to be there, but as was the case with lot 20, doubts always exist for the buyer. Bought once again by an enthusiast more interested in the challenge of restoration than in investment, and with that in mind, it was well bought. spoiled only by modern carpet. Tidy engine bay still needs a detailed cleaning. Nice wheels, tire sidewalls crazed. Clean underside. Cond: 2. SOLD AT $90,287. Lorraine-Dietrich won Le Mans in '25 and '26. This example started life as a four-seater and was rebodied to replicate the very pretty Le Mans winners. This was a lot of car with a lot of heritage for the money. Well bought. AMERICAN #131-1965 SHELBY GT350 Replica fast- back. S/N 5RO9C146364. White & blue/black Sports Car Market

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1957 MB 300SL roadster 354 Fire Red, Rudge wheels 1963 Ferrari 250 GTE 2+2 disc brake, single headlight 1984 Ferrari 512 BBi Boxer Red/tan, 10k km, tools, manuals 1958 Jaguar XK150S OTS 3.4l, same owner last 40 years. PARTIAL LISTING: '74 Maserati Bora . Silver w/black, US 4.9 V8, 36k miles '70 Alfa Romeo GTV . . . Dark Blue w/tan, 2.0l, 5 speed. '67 Austin Healey 3000 MkIII BJ8 . . Healey Blue w/blue '66 Jaguar E-type roadster4.2 Series I, Opalescent Blue '73 BMW 2002tii . . .Silver w/blue, Recaro seats, sunroof '70 Mercedes Benz 280SE cabriolet DB291 Dark Olive '67 Mercedes Benz 250SE coupeDB717 Papyrus White '68 Mercedes Benz 250SE cabriolet DB671 Light Ivory '58 Fiat Jolly 600 White over blue, fresh from restoration '70 Ford Mustang Boss 302 . . . . Grabber Blue, 4 speed '39 Cadillac Fisher 61 sedan-convertible . Black w/red '97 Land Rover Defender 90/110 . .15+ always in-stock Stuart Carpenter 37 Chestnut Street Needham, Massachusetts 02492 Tel. 781.444.4646 Fax: 781.444.4406 www.copleymotorcars.com copleycars@aol.com

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Bonhams & Goodman Melbourne, AUS leather. RHD. Odo: 298 miles. 289-ci V8, 4bbl, 4-sp. Straight panels show variable fit on doors and hood. Excellent paint has settled a little since application, buff marks in front and rear bumpers, ripples in front. Excellent interior with minor wear on carpet and on left door panel from driver's arm while in LHD configuration. Fitted with a/c, new wheels, and excellent tires. Super clean undercarriage. Cond: 2. NOT SOLD AT $42,036. An almost identical twin to lot 126. Built at great expense with sympathetic modification to replicate Shelby's original. Any true collector would be saving up for the real thing, but even so, this one deserved a higher bid. #126-1966 SHELBY GT350 H Replica fastback. S/N 6F09A153992. Black & gold/ black leather. RHD. Odo: 201 miles. 289-ci V8, 4-bbl, 4-sp. Originally LHD. Very straight panels and excellent paint with negligible orange peel and only a polish required. Front bumper poorly repaired, other chrome nice. Excellent interior with minor wear on carpet, windshield has a wiper scratch. Aftermarket a/c, many gofast engine mods conducted. Reputedly a very front and rear. Very good interior, door trim and carpet wear consistent with odometer. Three “extra” holes in dashboard. Very clean, original-style engine bay, clean undercarriage. Roll bar fitted. Cond: 2+. NOT SOLD AT $183,908. One of the great, iconic muscle cars of the '60s painted in a most flattering color scheme. If the supposedly factory-fitted engine included in the sale had been installed, the car could have reached its low estimate even in its RHD configuration. The seller might have better luck at the same price in a sale where more muscle cars are featured. #133-1975 FORD FAIRLANE 500 ZG sedan. S/N JG37RY18192. Eng. # 173032. Cream/beige vinyl. RHD. Odo: 269,522 km. 351-ci V8, 4-bbl, auto. Very good panel fit all around. Good original paint with nicks, scratches, and minor eruptions on all panels. Rust hole through trunk floor, rust bubbles in front fenders. Very good, straight chrome all Clean and neat undercarriage. Cond: 1-. NOT SOLD AT $520,000. Race winners in their day, Phase III XY GT-HOs are considered by most to be the ultimate Aussie-built muscle car. They don't come in much better condition than this one, but rising interest rates and the fragility of economies globally appear to have lessened investors' confidence in making a quick buck from a quick turnaround. The low bid should have been plenty here, as the same bid might not be forthcoming next time. #34-1972 FORD FALCON XA GT coupe. S/N JG66MS46746K. Eng. # JG66MS46746K. Summer Gold & black/saddle vinyl. RHD. Odo: 43,156 miles. 351-ci V8, 4-bbl, auto. Excellent panel fit all around, no ripples in body except for one slight dent in left door. Fine paint shows good gloss and some orange peel on right rear. Perfect rear bumper, buff marks in front. authentic reproduction of the Shelby original. Cond: 2-. NOT SOLD AT $36,782. Classic '60s V8 coupe motoring. An excellent example of a fastback Mustang to which an enthusiast has attached Shelby's period mods at a cost never to be recuperated. There are many equally good-looking powerful coupes around for the same asking price, and today's buyers can afford to be choosy. However, the low bid was well under the money in this market, and more dollars should be forthcoming at its next outing. #124-1967 SHELBY GT500 fastback. S/N 7RO2Q170356. Eng. # RG2284B. Red & white/black. RHD. Odo: 37,618 miles. 428-ci V8, 4-bbl, 4-sp. Non-original engine fitted, 1967 factory replacement engine included in the sale. Very straight panels, good panel fit. Paint shows no orange peel, chips repaired on driver's door edge. Buff marks in bumpers 106 around. Aging interior, driver's seat split, carpet worn through. Oil leaks beneath. A tired machine that would make a great project. Cond: 3. NOT SOLD AT $2,627. A good, comfortable, Australian-built, inexpensive workhorse or cruiser. This car was out of its depth among the other lots, and no bidder was particularly interested. The low bid should have been enough, but the seller was looking for more. ♦ SHANNONS AUSTRALIAN #28-1971 FORD FALCON XY GT-HO Phase III 4-dr sedan. S/N JG33LY87462K. Eng. # JG33LY87462K. Yellow & black/brown vinyl. RHD. Odo: 71,854 miles. 351-ci V8, 4-bbl, 4-sp. Excellent panel fit, very straight panelwork. Superb paint with negligible orange peel and some fine scratches from cleaning. Buff marks in front bumper and rear overriders, other chrome and brightwork nice. Nice interior shows chrome flaking from plastic on door trim, some grime in door openings, and dash paint missing where ignition key dangles. Excellent interior, clean undercarriage. New tires. Cond: 2+. SOLD AT $85,560. These are not as race-famous as the earlier, similarly powered four-door manual Falcon GT muscle cars, and they're difficult to value in the currently volatile marketplace. If the XA models go the way of their predecessors, this buyer will have been smart... but only if. While the buyer waits to see, there's much fun to be had on the road. #50-1975 HOLDEN MONARO HJ GTS 5.0 coupe. S/N BHJ224482. Eng. # QT640007. Orange/black vinyl. RHD. Odo: 96,860 miles. 308-ci V8, 4-bbl, auto. Good recent repaint with some preparation issues visible. Chrome straight, with some pitting and light scratches. Neat interior fitted with new carpets, seats, and a modern stereo. Scratches on side windows, key dangle marks on steering column. Neat and tidy engine, oil leak beneath. A good honest car on its third owner. Cond: 2-. NOT SOLD AT $35,340. Two-door Monaros are ever popular, more desirable than the four-door versions, and riding the same price wave as the more Sports Car Market

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muscular muscle cars. Buyers for these models only want the very best examples. This one didn't come close, and even the pre-auction low estimate of $37,200 looked ambitious. The high bid should have been enough to sell it. #35-1977 HOLDEN TORANA LX A9X 2-dr hatchback. S/N CLXO58791M. Eng. # HT75058. Jasmine Yellow & black/tan vinyl. RHD. Odo: 78,030 km. 308-ci V8, 4-bbl, 4-sp. Panel fit decent, panel straightness less then perfect. Minor orange peel in otherwise very good paint. Black panels on hood dull, hood scoop shows paint issues. Back bumper repaired, front bumper OK. Interior very original, with wear and stains consistent with odometer reading. Detailed cleaning required inside and out. An unmolested example. Cond: 1-. NOT SOLD AT $167,400. The A9X dominated Australian motorsport in the late '70s, and this was one of only 100 hatchback A9Xs built. Despite its honest appearance, expectations of a reversal in the upward trend of Australian muscle car prices put a dampener on bidding for this one. Values are unlikely to go any higher for a while, so the seller should have taken the best offer. ENGLISH #5-1968 MORRIS MINI COOPER S Mk I coupe. S/N YKGZS24565. Eng. # 9FSAY49553. Green/white/olive green. RHD. Odo: 80,520 miles. Excellent panels and chrome, too much orange peel in otherwise very good paint. Fine scratches in wind-up windows, some new seals, some old. New carpets fitted, remainder of interior in very Eng. # 02465. Royal Blue/beige leather. RHD. Odo: 190,729 km. Very good panel fit except at trunk lid, minor ripples in some panels, unforgiving paint color shows orange peel all over. Rust about to erupt at waist height on A-pillar. Straight chromework has minor scuffs, driver's window shows significant scratches. Seats clean and in excellent shape, carpet stained and worn through under driver's heel. Some fluid leaks. Advertised as needing unspecified mechanical work. Cond: 3. SOLD AT $17,480. These were luxurious, expensive, and desirable in 1981, but they're not so appealing anymore. Unlike most examples of this model, this one had been well used. There was no reserve on this lot and the buyer did well, as at this price he could part it out or spend some money to bring it up to par. #30-1982 BENTLEY MULSANNE TURBO sedan. S/N SCBZSOTOLDCH06977. Eng. # 06977. Cotswold Beige/beige leather. RHD. Odo: 55,641 miles. Excellent panelwork, paint shows good gloss, chrome slightly dull. Nice original carpets, seats creased and worn in accordance with odometer, pristine walnut on dashboard and door caps. Fluid leaks visible underneath, two spare bottles of hydraulic oil in glovebox look ominous. Very well presented overall. Cond: 2. SOLD AT $29,440. Built in low numbers, the Turbo Mulsanne provided luxury that flew. Well-sorted Rolls-Royces and Bentleys from the '70s and '80s now offer excellent value for money, and this was a prime example. The seller would have liked more, but he's unlikely to get it. Well bought. GERMAN good condition but not so new. Drab gold paint on Globe mags, tachometer installed. Clean underside. Cond: 2. SOLD AT $22,080. The release of the new Minis has further raised the popularity of the old Minis, especially in the case of the sporty Cooper S versions. This one was a fine specimen from the 5,000-odd Cooper S Mk Is built in Australia. Bought and sold at the right price. #29-1981 ROLLS ROYCE SILVER SPIRIT sedan. S/N SCAZS0006BCH02465. July 2008 #42-1966 MERCEDES-BENZ 220SE cabriolet. S/N 11102322179965. Eng. # 12798422003967. Gunmetal/black cloth/cream leather. RHD. Odo: 16,192 miles. Straight panels, poor fit to both doors, paint shows orange peel in some areas. Very good front and rear bumpers, minor ripples at grille. Good dash timber, ripples in dash leather, carpets marked and not vacuumed. Non-matching seat belts front to rear, door seals perished, trunk interior not detailed. Some fluid leaks beneath, but paperwork suggests sound mechanicals. Cond: 2-. 107

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Shannons Melbourne, AUS Auction, where it brought $44,240. This seller was hoping to get his money back, but the value of such Italian luxuries, even ones this good, continues to decline. The high bid should have been enough. SOLD AT $62,560. These are luxurious, stylish, well built, and desirable despite less-thansporty performance. Much has been recently spent on this one, but there's quite a lot more to go to make it a #1 car. Nevertheless, at this sale price, getting it to that condition should be achievable without the risk of overcapitalizing. Well bought. ITALIAN #46-1971 FERRARI 246 GT Dino coupe. S/N 246GT-01690. Eng. # 01690. Dark red/ black & red leather. RHD. Odo: 45,911 miles. Good panel fit throughout. Small dent in right door, ripples, bubbles, and unrepaired dent in left door. Minor pitting, scratches, and settling in most paint. Trunk and fuel cap release handles not functioning, chrome chipped and scratched on front and rear bumpers. Carpet underside. Very original, well-cherished, and only needing a polish to become a #1 example. Cond: 2+. SOLD AT $55,200. The NSX is not the most beautiful sports coupe, but it is a true supercar. Produced right up to 2005, NSXs are undervalued today considering the incorporated technology. This one was bought at the low end of pre-auction estimates, so the buyer should be pleased. SWEDISH #40-1962 VOLVO P1800 coupe. S/N worn through at driver's heel. Grimy windows, fluid leaks beneath. Cond: 3+. SOLD AT $166,520. The Dino is arguably one of the best-looking sports cars of all time, and although they aren't the most powerful cars from Ferrari's stable, they're delightful to drive. Dino prices in Australia have almost doubled in four years, and top dollar was paid this day for an example that was far from pristine and was spoiled further by its gold wheels. #44-1980 MASERATI KYALAMI 4.9- Liter coupe. S/N AM129490053. Eng. # AM10723490053. Silver/beige leather. RHD. Odo: 13,367 km. Great panelwork, driver's door fit not perfect. Excellent paint is free of orange peel but needs a polish and shows stone chips at sills. Straight chrome with few minor age-related scratches. Faultless interior, bright engine. Campagnolo wheels in great condition. One of the best examples around. Cond: 2+. NOT SOLD AT $37,200. Staid in style, but a fast, rare, luxurious grand tourer. This one had traveled only 700 kilometers since selling at Shannons' 2005 Melbourne Grand Prix P18395HA5107. Eng. # 5569. Red/cream leather. RHD. Odo: 4,742 miles. Left door and trunk lid fit variable. Good fresh paint with light orange peel, minor scratches in very good chrome, slight dent in front bumper. Excellent newish interior only needs a detailed cleaning. Sun visors missing, both side windows scratched. Very JAPANESE #45-1991 HONDA NSX coupe. S/N JHMNA11500T000289. Eng. # C30A11800013. Red/black leather. RHD. Odo: 130,004 km. Very straight panelwork with excellent fits all around. Decent paint desperately needs a good polish. Perfect front spoiler despite its proximity to the road, excellent as-new interior. Immaculate engine bay, very clean driver's door. Mostly excellent paint shows some significant orange peel in places. Some ripples and buff marks in otherwise spotless chrome. Modern carpet in great interior, neat engine with new wiring loom and other wires added, chassis wiring a little rougher. Well detailed all over with nothing more to spend. Cond: 2. SOLD AT $21,160. A very pretty runabout with a dicky seat to add to its appeal. More than 1.7 million of these were sold in 1927, which speaks for the model's popularity in its day. The sale price reflected the car's fine condition, but it was still well bought. #9-1935 FORD MODEL 48 5-Window coupe. S/N N/A. Eng. # C18YF18786. Blue/ gray leather. RHD. Odo: 42,466 miles. Variable panel fit all around. Paint erupting on rear panelwork, orange peel in most places. Very good chrome on bumpers, poor repairs to grille wires. Interior looks well used since its restoration some years ago. Windows mildly scratched at left and right, window seals cracked. Very clean underside, good tire tread, whitewalls yellowing. Cond: 3. SOLD AT $44,160. These were arguably better looking than their predecessors, with plenty of grunt available from the flathead V8. Nice body styling and a great color scheme made this car look fantastic from a distance, but close inspection might have lessened this buyer's enthusiasm to pay considerably more than it was worth. Well sold. clean undercarriage, front suspension low on the left. Cond: 2. SOLD AT $29,900. Remarkably attractive for a Volvo. Made famous by Roger Moore in the 1960s TV series “The Saint.” This was an example where the cost in bringing it to #1 condition just couldn't be justified. It was lovingly restored all the same, and the buyer should be satisfied to have one of Australia's best P1800s at a fair price. AMERICAN #8-1927 CHEVROLET CAPITAL AA roadster. Eng. # R3557887. Maroon & yellow/black canvas/black vinyl. RHD. Odo: 2,180 miles. Nice straight panels, poor fit to 108 #47-1955 CADILLAC SERIES 62 2-dr hard top. S/N FW26836. Eng. # 5562137509. Black/black & white velour. Odo: 5,085 miles. 331-ci V8, 4-bbl, auto. Large flat panels less than straight. Minor pitting, settling, and orange peel in all paint. Straight chrome dull, pitted, and scratched. Very good interior, all-original glass has minor scratches, door and window seals perished. New whitewalls, serious fluid leaks on otherwise clean undercarriage. Cond: 3. SOLD AT $23,920. The Series 62 was Cadillac's mainstay model of the period and a fine looker by any standard, and this one sold with no reserve at a figure just above the pre-auction high estimate. This was a lot of car for the money, and if mechanically fit, it was a Sports Car Market

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Shannons Melbourne, AUS good value. However, tending to the fluid leaks could prove costly for the new owner. #12-1956 FORD THUNDERBIRD convertible. S/N P6FH247072. Eng. # 247072. Red/white vinyl/red & white vinyl. RHD. Odo: 89,325 miles. 312-ci V8, 4-bbl, 4-sp. Formerly LHD. Variable panel fit except at trunk. Beautiful smooth paint spoiled only by significant reactions on left front and orange peel on left door. Excellent chrome on grille and front bumper, chrome flaking off rear bumper. Some rubber seals poor. Very good # B9KW120128. Red & white/red, white, and black vinyl. RHD. Odo: 93,583 miles. 332-ci V8, 2-bbl, auto. Formerly LHD. Good panel fit aside from variable driver's door gaps. Straight panelwork, very good paint with negligible orange peel, chrome shiny throughout. Decent interior shows a small puncture in driver's seat, slightly warped door trim, and stretched carpet. Windshield scratched, new tires fitted. Cond: 2-. SOLD AT $76,360. This most exclusive model of the top-of-the-line Galaxies featured an enormous electrically-driven fold-away hard top that offered the ultimate in pose value. Bidding was appropriately hot and ceased at about the right money. Well bought and sold. #10-1966 FORD MUSTANG coupe. S/N interior, discoloration of plastic faces on instruments. Very clean engine, but detailed replating and repainting will be required for best effect. Grubby undercarriage. Cond: 2. SOLD AT $60,720. A collectible, luxurious two-seat cruiser. This was an honest example, and what you saw was probably just what you got: about 85% in everything. The crowd agreed and bidding stopped exactly where it should have—at mid-estimate. Smart shoppers. #32-1959 CADILLAC COUPE DEVILLE 2-dr hard top. S/N 59J114484. Eng. # 59B122091. Red/white/black & white vinyl. RHD. Odo: 46,845 miles. 390-ci V8, 4-bbl, auto. Formerly LHD. Very good panelwork spoiled by excessive orange peel in paint. Minor pitting in otherwise excellent chrome, side chrome strips misaligned. Interior retrimmed, but replating, repainting, and a detailed cleaning is required for maximum appeal. Some New interior with minor scuff marks on driver's sill plate. Modern stereo with oversize speakers. Immaculate engine compartment. Cond: 1-. SOLD AT $47,840. A classic '60s muscle car. The mid-range auction estimate of around $36,000 looked cheap for this fine example, as it must have had more than twice that amount spent on it. Even at over that price, this was exceptionally well bought in this market. #11-1966 FORD MUSTANG convertible. studs missing from front seat, many scratches to rear window. Clean unrestored undercarriage. Cond: 3+. SOLD AT $68,080. Wild fins, acres of chrome, and plenty of power, luxury, and style make the '59 Caddy a favorite among collectors. This price was well over pre-sale estimates, and it was more a reflection of the rarity of RHD models in Australia than the standard of the car. Well sold. #33-1959 FORD GALAXIE Skyliner retractable hard top. S/N B9KW120128. Eng. 110 S/N 6F08C314956. Eng. # 289C661002315. Red/white vinyl/burgundy vinyl. Odo: 65,820 miles. 289-ci V8, 2-bbl, 4-sp. Variable panel fit on hood and trunk, door gaps excellent, side panels very straight. Minor orange peel in excellent paint, buff marks in front and rear bumpers, deep wiper scratch in windshield. All 6F07C293133. Eng. # 293133. Black/burgundy vinyl. RHD. Odo: 3,601 miles. 289-ci V8, 4-bbl, auto. Beautifully and totally restored during recent conversion to RHD. Faultless panelwork, doors close perfectly, minor orange peel in stunning black paint. Front bumper shows file marks from repairs, very good chrome everywhere else. engine bay no longer perfect. Door decals, CB radio, pool ball gear knob and a Confederate flag on the roof make this a great replica of the “Dukes of Hazzard” machine. Cond: 2. NOT SOLD AT $190,000. The General Lee was made famous in the '80s through TV and the silver screen, but original screen examples are now rare because so many were smashed during U.S. TV and film production. This one reputedly had genuine connections to the filming, which added value, but didn't add enough to satisfy the seller. The high bid should have been plenty considering the LHD. #7-1995 FORD MUSTANG coupe. S/N 1FALP40495F223288. Eng. # 223288. White/charcoal cloth. RHD. Odo: 131,885 km. Converted in Australia from LHD. Very good panel fit, paint unflattering and sadly in need of a polish, door edges well chipped. Scuffing of interior consistent with odometer reading. Scratches on wind-up windows, 17-inch BSA new interior, cracks in original steering wheel. Very clean engine and undercarriage. Nothing to spend on this car for years. Cond: 1-. NOT SOLD AT $34,410. This was more desirable but arguably less attractive than the similarcondition coupe offered in lot 10. Bidders at the auction must have concurred, because interest stopped well short of the $47k sale price achieved for the coupe. Paint colors and LHD on this one probably had something to do with it, but even so, it should sell for more at its next outing. #27-1969 DODGE CHARGER R/T “General Lee” 2-dr hard top. S/N XS29L9B278991. Eng. # 6B278991. Orange/ black vinyl. Odo: 2,439 miles. 440-ci V8, 4bbl, 4-sp. Very good panel fit, nice paint has minor orange peel. Ripply front bumper, buff marks in rear. Faultless interior, later tach fitted. Windows scratched left and right, clean chrome mags badly curbed. Cond: 3+. SOLD AT $17,480. Not as desirable as the 4.6-liter V8 manual version, but a fast and civilized cruiser nonetheless. With a detailed clean-up inside and out this one could have fetched more. These are $4k cars in the U.S, but in this market, this was a price the buyer should be happy with. ♦ Sports Car Market

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Column Author eBay Motors Online Sales Cool Coupes Green through and through is how your envious friends will feel when you let them feel the hand of your suave Saab seating Report by Geoff Archer Market opinions in italics I f the twelve-step process of raising the top on your roadster has left you rainsoaked one too many times, this month's collection of tintops should have something for you. Condition inferred from seller's descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. sf=seller's feedback; bf=buyer's feedback #330161158734-1957 NASH METROPOLITAN coupe. Turquoise & white/turquoise & white naugahyde. Odo: 57,565 miles. 24 Photos. Clarkston, WA. “Completely restored and upgraded with an Isuzu diesel and automatic transmission.” 12v conversion, 12-gallon tank, 600-mile range. Paint and interior finished to cutesie driver standard. Underbody is slathered in a hazy turquoise overspray. “The engine runs blue/red & black leather. Odo: 2,200 km. 24 Photos. Albuquerque, NM. 3-cyl, FWD. “The car is absolutely Complete! the original color is red but was painted blue probably back in the 1980s and they just painted the exterior. The previous owner methodically took certain things apart in an effort to start a restoration that did not happen. I purchased it with the intentions of making a Hot Rod out of it until I did some research and found out just how rare it is.” 12 bids, sf 234, bf 707. Cond: 4. SOLD AT $3,050. And you thought the Chinese liked to copy successful automotive designs. This was a great find for the eccentric Thunderbird collector. Fair price, and although I would ordinarily recommend that you find a restored one instead, they are, of course, as common as hens' teeth. could match that one's condition for the money, so I'm calling it well sold. That said, I dare you to find a Peerless GT when you want one. #150223166589-1963 ROCHDALE like new and sounds more like a sports car than a diesel when going down the road.” Bad radio tubes, no washer squirting. 35 bids, sf 317, bf 23. Cond: 2-. SOLD AT $14,300. Either this is the nuttiest engine swap I have seen in a long time or my name isn't Joe Isuzu. Silly me. I would have bought this for half as much money, so this was well sold. I would say very well sold, but this price is actually normal for restored Mets with more eyeball than get-up-and-go. #300148861447-1959 PEERLESS GT coupe. S/N GT200207. Rough fiberglass/light gray. Odo: 49,150 miles. 7 Photos. Wingdale, NY. Needs complete restoration. “One of 250 made from March of 1958 till July 1959. Powered by a 2 Litre Triumph TR3 motor and drivetrain, this completely fibreglass automobile was placed on a ingenious space frame and coupled with a DeDion rear... The paint has been stripped using a high powered baking soda process that leaves no waves in the fibreglass. The interior is mostly there. The motor runs well, and does not smoke at all.” 23 bids, sf 316, bf 426. Cond: 4+. SOLD AT $7,433. A nice green one sold in the midteens in L.A. last summer. There is no way this car 112 REAR HATCH.” Incomplete upgrade to MG B drivetrain. Runs and drives. 13-inch Avons on Minilites. 8 bids, sf 864, bf 38. Cond: 3-. SOLD AT $8,000. If anyone asks, just tell them your Jaguar E-type shrunk in the wash. There is no (financial) sense in perfecting this oddity, but it does look like it could be eight grand worth of fun... unless you try to drive it further than you can push it. #230178735647-1959 AUTO UNION 1000SP coupe. S/N 6815000190. Metallic OLYMPIC Series I coupe. S/N AFM550A. Blue & silver/light gray. RHD. Odo: 78,932 miles. 17 Photos. Cape Ann, MA. Recent U.K. import with all info since new. Palm-sized section of paint is rubbed through at nose. “CUSTOM DASH WITH EXTRA INSTRUMENTS AND AN UNUSUAL BUT CONVENIENT #150211375901-1982 BMW 323IRS Hartge H3 coupe. S/N WBAAH3100C7453380. White & gray/black leather. Odo: 79,000 miles. 21 Photos & 2 videos. Vista, CA. “After almost 20 years of ownership, I can say it's probably the only one like it in the United States.” All the original Hartge bits are there, and then some. Subtle mods meticulously detailed, all OEM parts included. Looks to be very well detailed inside and out. “It will catch up and pass any M3 or M5 without breaking a sweat.” 21 bids, sf 346, bf private. Cond: 2. SOLD AT $16,000. A perfect example of an early '80s tuner car, this should have fetched at least as much as a next generation (E30) M3 in similar condition. Therefore I call this well bought anywhere this side of $20 large. #160213052626-1975 LAMBORGHINI COUNTACH LP400 coupe. S/N 1120088. Red/tan leather. Odo: 7,250 miles. 6 Photos. Springfield, OH. “Recently obtained from fussy older gentleman who owned the car for over 25 years. Paint is very good with a few minor flaws...Original wheels including original Sports Car Market

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Fresh Meat Online sales of contemporary cars. (Descriptions exactly as presented by sellers, including non-stop capitalization and creative grammar.) 2005 Porsche Carrera GT spare...Smooth V12 that runs and sounds great with Original 6 Webers. Mechanically very sound with smooth clutch and brakes.” 9 bids, sf 13, bf private. Cond: 2. SOLD AT $440,799. Well, if that “fussy older gentleman” had read SCM, he would have known about the $533k yellow one at Russo and Steele in August '07 (SCM# 46397). This was big bucks for sure, but next to the Miura, this is the ultimate collectible Lambo. With a 10% premium for the low miles, this huge sale has reset the bar at $400k for the LP400 (LP$400k?). #120234240288-1970 DATSUN BLUEBIRD SSS coupe. S/N N/A. Butterscotch/black vinyl. RHD. Odo: 35,000 miles. 24 Photos. Oakland, CA. Two-owner car imported three years ago. Perfect and original except for “dogleg 5 speed, thicker front sway bar, and shortened struts with ST springs and KYB inserts. All the original parts have been retained and the car could be put back to original in a weekend. This Coupe sports period correct 15” Watanabe wheels with real and of course that would be a big lever for price. Even if your creation looks like George Barris pimped a Morgan Plus 8 for the Munsters, car guys still give you props for bending metal, preferably light metal. So, I'm guessin' that's reason enough to call the price fair. #110221681415-1973 SAAB 96 coupe. S/N 96732017887. Verona Green/green velour. Odo: 117,000 miles. 24 Photos. Greensboro, NC. Very thorough exterior restoration included “removal of paint (2 white coats, 1 metallic green, 1 original ‘Verona Green.'” Repaint looks very nice. “The seats are very well upholstered if a bit ‘pimpish.'” Seller concludes, “my overall evaluation of the car is that it is a solid restoration Date sold: 04/28/2008 eBay auction ID: 150240835200 Seller: Marshall Goldman Sales & Leasing, Warrensville Heights, OH, www.mgmsl.com Sale Type: Used car, 1,600 miles Details: Black over terracotta leather, Porsche Online Pro radio, full luggage set, 3M clear bra Sale result: $448,500, 3 bids, sf 135, bf 455 MSRP: $440,000 Other current offering: Auto Dynamics, Houston, TX, www.autodynamicscars.com, asking $399,800 for silver car with 3,200 miles. 2008 Porsche 911 Turbo Cabriolet Watanabe lugs and the proper center caps.” 5 bids, sf 89, bf 89. Cond: 2+. SOLD AT $13,950. Low-budget target market evidenced in Q&A: “Will you take my Grandma in partial trade? she has a few good years left in her. Good cook and can do laundry but dont climb stairs too good anymore.” Seller declined the exchange, and seems to have had a hard time finding bidders who understood the coolness AND had the cash. A slight bargain in a very thin market. #260093419767-1980 GREAT LAKES MOTORCAR CO. MCQUEEN 350GT coupe. S/N DPS06ASVE65259106. Blue/black leather. Odo: 1,000 miles. 20 Photos. Columbus, OH. One of two “McQueen 350GT's ever produced and intended to be driven in the Movie Cannonball Run. Designed with input from some of the top automotive gearheads of the day, ie, Brock Yates, to be a neo-classic that ran like the dickens and DIDN'T look like it was designed for Liberace. Chevy 350, automatic transmission, black leather seats picked from a Mercedes. Safe, unique, fast, agile, and sexy; much like the man it was named after.” 26 bids, sf 201, bf 6. Cond: 2+. SOLD AT $24,251. Seller makes no mention of what the body is made of, July 2008 ever to leave the factory. It has a brand new upgraded engine management system circa 2007. After having done its worldwide display rounds, it is now sitting pretty in the factory, waiting for its very first owner.” 1 bid, sf 43, bf 3. Cond: 1. SOLD AT $500,000. With single digit buyer feedback, only one bid, and the huge discount to MSRP (€575,000), it's easy to suspect that this sale was just a little more publicity for this mechanized media slut. If this was indeed a real transaction, it was a screaming deal. ♦ Date sold: 04/25/2008 eBay auction ID: 130215340513 Seller: Memory Motors, Mequon, WI, www .memory-motors.com Sale Type: Used car, 1,258 miles Details: Bright orange over black leather, bixenon headlights, ceramic brakes, Chrono Package Sale result: $175,000, 14 bids, sf 10, bf 1. MSRP: $144,525 Other current offering: Scottsdale Ferrari, Scottsdale, AZ, www.scottsdaleferrari.com, asking $174,750 for similarly optioned orange car with 1,952 miles. ♦ 113 with excellent mechanical work. The car is not a show car yet.” 9 bids, sf 26, bf 196. Cond: 2-. SOLD AT $5,300. Market price, although I'm sure the seller is upside-down already. Maybe it would be cheaper to tint the windows than eradicate the green velour? Nah, green through and through is how your envious friends will feel when you let them feel the hand of your suave Saab seating. #150186388902-2006 KOENIGSEGG CCR coupe. S/N YT9M1G0V815007021. Orange/black & burnt orange suede. RHD. Odo: 21 miles. 35 Photos. Angelholm, Sweden. “Can be titled in the US...This unit has been used as a showroom unit in Asia and was custom ordered by...Koenigsegg Asia Pacific...Used in the promotion of Redline and featured here in Los Angeles. This is probably the best version CCR Date sold: 01/27/2008 eBay auction ID: 190192105498 Seller: Auto Sport Group, Delray, FL, www .autosportgroup.com Sale Type: Used car, 2,540 miles Details: Sport seats with yellow stitching, belts, and seatbacks; Sport Chrono, aluminum trim, Tubi exhaust Sale result: $158,000, 13 bids, sf 16, bf 32 MSRP: $168,000 Other current offering: Pioneer Porsche, San Diego, CA, www.pioneerporsche.com, asking $157,900 for blue car with ceramic brakes and 1,085 miles. 2007 Porsche 911 GT3 RS

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Book Reviews Mark Wigginton A (Fast) Field Guide to Ferraris Two pages for each model leaves little room for more than fast facts. It's akin to a high school yearbook—all surface, little soul The Essential Buyer's Guide Series by Various Experts, Veloce Publishing, 2007–on 64 pages, $14.96, Amazon.com Veloce Publishing's trim series of books might be the best $15 you can spend before falling in love and buying an older (fill in the blank). Calling on the expertise of people well-versed in the restoration, problem solving and deep trivia of specific models, the series gives you, the smitten, a fighting chance to buy well. The books are full of basic information for the less experienced, including a comprehensive checklist to use when evaluating a potential purchase. Provenance:  Having one of these guides in your pocket is like taking a quiet, unemotional expert with you car shopping. It's one thing to walk around, kick tires, and make the appropriate noises; quite another to be actually prepared. Thanks to an Essential Guide, you will have a plan to methodically evaluate a list of potential, often expensive, problems. Knowledge is power, and the Essential Guides are the light saber for shoppers, small but powerful. Fit and finish:  Nice covers mask a utilitarian, semi-homely interior. Drivability:  If you can say, “I've always wanted a (fill in the blank), but I'm no expert,” then you should run to Amazon and see if Veloce has done an Essential Guide for your automotive dream date. It will save you time and money. Ferrari: All the Cars by Leonardo Acerbi, Giorgio Nada Editore, 2008 408 pages, $18.09, Amazon.co.uk What Audubon did for bird watching, Leonardo Acerbi has done for the Prancing Horse of Ferrari—a nicely illustrated field guide. The book covers 190 models, from the 1940 Auto Avio Costruzioni 815 to the F2008 Formula One race car, each with technical specifications, a color illustration, photo, and a bit of history and context. I can picture the cognoscenti trekking on Saturday mornings to the various natural habitats for this particular automotive fauna (auctions, concours, race tracks, and the driveways of stately homes), Acerbi's spotting guide in hand. I can further imagine spending the evening reading up on the vehicles successfully spotted, perhaps in more detailed reference books. Not a bad way to waste days and weeks on end… Provenance:  190 models, two pages each, with about half the space devoted to illustration and technical table, doesn't leave room for much more than fast facts. It's akin to a high school yearbook, all surface, little soul. Fit and finish:  The illustrations by Giorgio Alisi are simple profiles, simply done, the photos little more than mug shots. Drivability:  With this little space to each model, the text becomes a dry recitation of changes from year to year, with all the charm of the manufacturer's press kits. That said, as a field guide, it works. 114 Sports Car Market How to Draw & Paint Cars by Tony Gardiner, Veloce Publishing, 2008, 128 pages, $26.24, Amazon.com Tony Gardiner has made his living with automotive illustrations and paintings, despite a rocky start. During his training at the West Sussex College of Art & Crafts, one evaluation of his progress said Gardiner “has a weakness for converting all his compositions into motoring or other mechanical illustrations, this must be curbed.” Thankfully Gardiner kept on, and this book is his way of passing on all of the lessons learned in a long career. Provenance:  Gardiner certainly knows his stuff, and teaches with examples of his work in a wide range of media, from pencil to acrylics. Fit and finish:  How to Draw & Paint Cars is nicely printed, handsomely laid out and offers something lovely to look at on almost every page. Drivability:  It won't make you an artist any more than the stack of guitar books in my living room will make me a musician, but the tips and tools are here—from perspective tricks to lighting tips—to help you if you already have the passion and some skill.

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Motobilia Carl Bomstead Signs the Sky is Not Falling Huge Cadillac sign makes equally huge price; Ice Cream cart double dips, better hope Polly can't say “reproduction, sucker” I found a bunch of fun stuff at auction in the past month or so and have to wonder, based on some of the prices paid, if folks are ignoring dire warnings from the news media that the sky is falling. RM auctioned the Wayne Davis Collection of automobiles and included about 25 pieces of his garage art. A large Cadillac dealership sign sold for a startling $115,000, which had to be a record. On the west coast, Matthews Auctions offered the 400-sign collection of an Indio, California, collector. True to form, good stuff sold for strong money, while the rest... well, it sold. But that's about all I can say. A few pieces from a Shannons auction in Australia caught my eye, too, as some bloke paid a ton for American reproductions. They looked good, but when the buyers find out how much they overpaid, they'll be crying in their Fosters. RM—Wayne Davis Collection Dallas, TX. April 19, 2008 Humor cart dates to the early '50s. Graphics were hand painted and the lights even worked. Not as unusual as the 1951 Cushman ice cream cart that RM sold at its Ft. Lauderdale auction in February, but far more original and about $5,000 less. If nothing else, you could put your lazy kid to work for the summer. most nine feet tall. It was stated that the porcelain had a few chips and dings, but the double-stroke neon had been replaced when Mr. Davis acquired the sign. A huge, impressive sign that sold for record money. No explanation other than two deep-pocketed Cadillac collectors wanted the same piece of garage art. And we're in a recession? Matthews Auctions— Pomona, CA. April 19, 2008 LOT 66—“UNION OIL LOT 117—SUN GENERATOR/ ALTERNATOR TESTER. Estimate: $2,000–$2,500. SOLD AT: $9,200. This period tester was in very nice original condition. These are not hard to find, and at swap meets like Hershey, they can be purchased by the pound. The big money here resulted from the preserved condition. LOT 144—FORD V8 NEON SIGN. Estimate: $20,000–$25,000. SOLD AT: $18,400. This Ford neon dealership sign was about seven feet tall and six feet wide. It was stated to be in excellent condition, with no serious dings or nicks in the porcelain. Impressive piece that sold for a reasonable price, considering what large neon signs have been bringing of late. LOT 54—TEXACO MARINE MOTOR OIL PORCELAIN SIGN. SOLD AT: $20,900. This delightful sign measured 11 x 22 inches, and only three are known in this size. The condition was excellent, with only a few chips on the edges, and it was dated 1947. The rarity and condition accounted for a final number that was about twice what the larger version, in comparable condition, would bring. CREDIT CARDS ACCEPTED HERE” FLANGE PORCELAIN SIGN. SOLD AT: $550. This cute little sign was heavily restored, which resulted in it selling for about half what it would have in good untouched condition. To restore or not to restore, that is the question, and you are usually better off to spend a bit more and buy condition. Bibendum smoking his cigar. The sign was a little over a foot tall and three feet long. Early Michelin advertising is very collectible, and finding an unusual early sign in this condition is rare indeed. The buyer came specifically to purchase this sign and was willing to go as far as required. He stated that he had an extensive collection and had never seen this sign. He walked out of the auction with a big grin. LOT 73—UNION ETHYL LOT 145—CADILLAC LOT 132—GOOD HUMOR ICE CREAM CART. Estimate: $10,000–$15,000. SOLD AT: $25,300. I'm speculating that this professionally restored Good 116 NEON DEALERSHIP SIGN. Estimate: $25,000–$40,000. SOLD AT: $115,000. This 32foot-long sign was from a Texas Cadillac dealership and was al- LOT 60—MICHELIN TIRES WOODEN SIGN. SOLD AT: $1,980. This handpainted wooden sign dated to the late teens and was in excellent condition. It featured the iconic GASOLINE 30″ DOUBLESIDED PORCELAIN SIGN. SOLD AT: $7,700. This doublesided sign was close to perfect, but the graphics were nothing to get excited about, with just Sports Car Market

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the Ethyl logo. It was in good shape and not all that common, but this was over-the-top money. Someone's happy here besides the seller, and I bet it's the underbidder. condition is worth about $4,000. Restoration is not cheap, and I'm willing to bet the sale here did not even return the restorer's expense. Note to the seller: Sometimes you are better off to just walk away from a sign in need of extensive work and wait to buy a better one or one that someone else has spent all the money restoring. Shannons Auctions— Brisbane, AUS. April 20, 2008 “down under” and the buyer here overpaid by a bunch. LOT 62— LOT 135—HOOD TIRES LOT 125—OILZUM “AMERICAS FINEST OIL” PORCELAIN SIGN. SOLD AT: $1,320. This sign was completely restored, with two of the mounting holes even welded over. This is a very desirable sign and in good, untouched TIN SIGN. SOLD AT: $5,225. This Hood Tire “Neighborhood Tire Experts” tin sign is fairly common, even though it dates to the late 1920s. Most sell for about half—or less—what was realized here. This example was in exceptional condition, but even so, this could only be described as “silly” money. REPRODUCTION POLLY GAS PUMP GLOBE. SOLD AT: $933 USD. Polly Gas was the brand name for the Wilshire Oil Company of Los Angeles. It operated in the Southern California area from 1935 until purchased by Gulf in the late 1950s. The Polly logo is extremely popular with gas and oil collectors, but this reproduction globe is available from several sources for about $180. Add a few bucks shipping to LOT 102—POLLY GAS NEON SIGN. SOLD AT: $7,229 USD. This Polly Gas neon sign was a touch over six feet tall, and although it was not noted in the auction description, it was a recent reproduction. Price paid made no sense at all as these are available from a number of sources in the U.S. for $2,000 or so. ♦ July 2008 117

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Bike Buys Paul Duchene LOTM “Three-peats” at Half Moon Bay The owner of the winning 1908 Indian factory racer couldn't ride it to the podium, as it had no brakes or clutch by Paul Duchene T he Viking idea of hell is said to be eternal cold, and anybody who has ridden a motorcycle in winter knows what they meant. Attendees of the last three years at the Legend of the Motorcycle Concours d'Elegance, on the misty rolling lawns outside the Ritz-Carlton Resort at Half Moon Bay, near San Francisco, have had a taste of this Scandinavian lore as well. However, perhaps demonstrating that global warming has an upside for motorcycle riders, the weather is improving gradually, as evidenced by 2008's third annual event. The first year—2006—was appalling: overcast with rain, wind, and cold. Last year was overcast, windy, and cold, while this year it was merely overcast and cold. After last year, I packed silk long johns. “But each year, the day before has been lovely,” said Chief Judge Ed Gilbertson, collector Gary Kohs, who brought an amazing 22 different models to the show. Steve McQueen's son Chad, still walking stiffly with a stick from his 160 mph Porsche crash at Daytona last year, presented the “Spirit of My Dad” award to Tim Gilligan for his white 1966 Triumph T120R Bonneville. T120s are a familiar sight to London's “Ace Café” owner Mark Wilsmore, visiting from his #1 bike hangout. While historical preservation and 1908 Indian Torpedo Tank V-twin, Best of Show continued use pretty much define the LOTM, custom bike builders Jesse James, Paul Cox, Billy Lane, and Shinya Kimura brought their latest creations. Attendees who wanted to plunk down $200 for putting a brave face on it. Gilbertson is no stranger to sea mists and foghorns anyway; he's been the Chief Judge at the automotive classic Pebble Beach Concours for so many years, there are cars on show he could have bought new. This year's featured marques were racing giants MV Agusta and Norton. MV legend Giacomo Agostini (15-time World Champion, 122 GP entries) rode up from Los Angeles with Phil Read (eight World Championships, 54 GP entries) and emcee Alain de Cadenet for the event. Ago's signed helmet from the trip brought $5,000 in a noon charity auction before the judging, and he also received the LOTM Lifetime Achievement Award from Read. There were 37 MV Agustas in the show and 37 Nortons, divided about half and half between street and race bikes. In all, more than 6,000 diehard fans got to see and hear 200 bikes being judged (and started) in 17 classes. New this year was a preservation category, whose entries were drawn from all the 16 classes. Collector bikes and cars are aligning themselves with other antique categories, such as guns, clocks, and furniture, where patina and the visible signs of the passage of time are increasingly valued. In fact, the Best of Show bike swept four categories in all, including its class and the preservation award. The LOTM had been won the past two years by California collector Mike Madden, who looked primed to three-peat this year with a yellow 1913 Flying Merkel V-twin, which ran well and boasted spectacular patina. But Madden was denied by Vince Martinico's 1908 Indian Torpedo Tank V-twin factory racer, whose red paint had deepened to the brown of an old saddle. This completely original bike was parked for 98 years, following a 1910 accident, in which a child was reportedly killed when she ran onto the track. The rider (who also kept a matching street bike) died in 1920, and the bike remained with his family for 75 years. Rules about riding to the podium to collect awards were relaxed, in particular for racebikes. Martinico started the 1908 Indian on the podium to huge applause and explained he couldn't ride the 500-cc, 75-mph, 100-pound racer to the stand, as it had no brakes or clutch. You pedal it, it starts, and off you go. Another racebike with impressive provenance was the ex-Mike Hailwood 500-cc, 1967 Honda RC181, which belonged to Virgil Eling. One observer recalled the last time Hailwood and Ago met on the track; Hailwood won—on this bike—so having Ago sign the tank should have Mike rotating in his grave. MV Agusta had a class of its own, which Robert Arhontes won with his 1956 Turismo Lusso. However, the 37-bike MV Agusta field was mostly thanks to Chicago 118 charity could break bread with Agostini, Read, Wayne Rainey, Mert Lawwill, Malcolm Smith, and others on Saturday evening, while next door, Bonhams & Butterfields auctioned 87 of 105 bikes for $1.8 million. Top sale was an original one-owner, green-frame 1975 Ducati 750SS that brought a record $117,000, while Pennsylvania collector John Worthington was stunned and delighted to buy Steve McQueen's 1940 Indian Sport Scout bobber for $52,650, significantly below the $60,000–$80,000 estimate and about one-third of the anticipated “McQueen factor” sales price. “I'm into '50s and '60s British bikes and '70s Italian bikes,” he said. “The Indian Sports Scout is the one American bike on my list.” Motogiro di California All this talk of MV Agustas has me thinking of the upcoming Motogiro d'Italia, which Italian organizers Dream Engine are transporting to the Monterey Peninsula (thanks to the strength of the U.S. peso) from July 13 to 17, leading up to the MotoGP at Mazda Laguna Seca Raceway. Still flush from my experience in Italy in 2006, I'm riding a 1957 MV Agusta 175. For five days, riders will loop around the Coast Range in 100-mile increments, dividing their time between longish transit sections and intense maneuverability courses. There are five classes: Vintage Class, Touring Class, '70s Twins Class, Super Sport Class, and Vespa Class. I think the Vintage Class (pre '57, under 175 cc) is the one to enter, but I'm told one can have just as much fun in the others. Check out the web site at www.motogiroamerica .com for details and to register. For general information, send Burt Richmond a line at burt@fitzrich.com. See you there in July. And I guarantee there won't be any Vikings around to spoil the weather. ♦ Sports Car Market

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Mystery Photo Answers Volkswagen describes this feature as Farfromparken. —Roland Aviles, Brooklyn, NY ous notices regarding TSB #1298 43200. Please visit your local dealer to have the parking brake cable replaced at your earliest convenience.—Bob Peterson, Brooks, GA Simultaneously backing down the driveway, closing the garage door, talking on the cell phone, and opening the sunroof proves that multi-tasking has its limits.—Lorrie Peterson, Brooks, GA I sure will be happy when the concrete guys get my driveway poured.—Ed Muninger, Independence, KS I'll show those Range Rovers a thing or two.—Starr Zeder, Glenwood Springs, CO Violet Beauregarde watches as Mr. Wonka damns the family to Blueberry Hell.—Margo Lee Perine, Victor, NY I shouldda had a V8.—Bob Knechel, Traverse, City, MI AWD makes the mundane an adventure.—Norman Vogel, San Francisco, CA Let's see those damn kids try to blow up this mailbox.—Lance Lambert, Seattle, WA Ellen, the neighbor's Passat is spying on us again.—Kevin Wolford, Westminster, MD So the back-up camera option RUNNER-UP: Suddenly, get- ting the Lego dislodged from the sunroof track wasn't so important.—David Easterling, Louisville, KY Granting their teenager's wish to finally solo with the family wagon, mom and dad get an earful of like, how seriously lame they are for designing such a stupid driveway. Whatever!— Joel Shooks, Traverse City, MI Upwardly mobile.—Marcia Wood, Portland, OR 120 Hey, who switched the channel on the back-up camera? — George Lampredi, Monterey, CA If we paint the yard purple, maybe mom and dad won't notice.—Stephen R. Miller, Muncie, IN I'll grab the next 12-pack. Back in a minute.—Brady Lindsey, Monterey, CA VW Passat Owner: According to our records you have failed to respond to previ- was too expensive, huh?—Peter Zimmermann, Bakersfield, CA Honey, as I backed out of the garage, I noticed the acceleration in reverse is awesome.—Brent Taylor, Cypress, CA Are you my Queen?—Pu- Chin Waide, Great Falls, VA A scene from “Ferris Bueller II: Let's Wreck a Cheaper Car This Time.”—Joe Amft, Evanston, IL Well, the “Low Brake Fluid” light might have been on. Is that important?—Jay Mackro, San Juan Capistrano, CA MADD is obviously targeting the suburban set with their newest poster.—Kick Wheeler, New Milford, CT Honey, did you remember to set the parking brake when you put the car in the garage last night?— Chuck Taylor, Cypress, CA Are the headlights still too high, dear?—Bob Bayuk, Annandale, NJ As you back out of the driveway, don't forget the left dogleg.—Dan Faustman, Elk Grove, CA I know the driveway at the old house was a straight shot, but come on, dear.—Dan Brenzel, Menlo Park, CA I was way upstairs when I heard my wife screaming, an abnormal shriek even by screaming wife standards. I ran down and looked out the living room window to see my Passat staring up at me. Apparently my wife loaded my daughter into the car seat, took the E-brake off and the car out of gear, and then went upstairs to get her cell phone. This is called an “order of operations” problem in business school. Our daughter was confused but fine and, amazingly, was not hit by any of the flying CDs, maps, or beverages that passed by on the way to the cargo area. Ironically, this was the only VW-Audi product I know of that had been mechanically flawless for its entire four-year life. It had 27 miles left on the warranty.—Anonymous owner of the off-roading Passat Because of his multilingual capabilities and ability to connect marketing slogans with real-world situations, Roland Aviles wins an official, sure-tobe-collectible-someday Sports Car Market cap.♦ Sports Car Market

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Comments With Your Renewal Please highlight a Franklin or 812SC Cord sedan.—C. Hanson, Port Townsend, WA Excellent magazine. Extremely well written. Better than anything else out there.—P. Warner, Taos, NM It is the best read of the month. Keep doing what you do.—E. Miller, Northbrook, IL Great. I love it.—J. Gordon, Chicago, IL More vintage bike. Less '80s Rolls-Royce review from British auctions. They are ugly and are not sports cars.—R.Girasa, Van Nuys, CA Bring back the sarcasm. Call a pig a pig. Have Colin write the reviews.—D. Diesner, Libertyville, IL Keep up the good work.—Racing Box CV, Tongren, Belgium More British.—M. Vanderwoude, Rio del Mar, CA Great magazine. The only one I read cover to cover.—B. Gilmore, Indianola, IA Let's see info and articles on Lotus Esprit V8 and the 993 Porsche 911.—M. Josephs, West Palm Beach, FL Great publication. One of many I receive each month. Yours is in the top three.—E. Reavie, Saint Ignace, MI How about putting the auction price in currency of overseas auctions in parenthesis after your U.S. price?—P. & A. Rinaldo, Kaikoura, New Zealand More love for Etceterini. This is the only magazine I'll renew early.— E. Levin, West Hollywood, CA Love it. Best out there. How about some Crossfi re stuff?—M. Carulli, Portland, OR Best car magazine ever. I read it from cover to cover.—B. Timbrook, Owensboro, KY Great magazine.—J. Mulvey, Long Beach, CA My favorite monthly by far. Please do more on vehicles at the more accessible (cheaper) end of the market.—M. Geoghegan, Rumson, NJ Sure would like to see more TV coverage of other venues other than or instead of BJ.—D. Brakhage, Boulder, CO.With umpteen million television channels now, one dedicated solely to collector car auction coverage might not be a bad idea. Sure would beat 24 hours of golf.—KM Three-year renewal enclosed. I have that much faith in SCM. But please stop bashing the 190SL. Keep up the irreverent outlook.—W. Samples, Dallas, TX This is the fi rst magazine I read each month cover to cover.—J. Burkard, Aberdeen, NJ Maybe some stories of the buyers and sellers. The magazine is pure enjoyment.—R. Haulbrook, Lexington, SC And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin ♦ This Month's Mystery Photo Response Deadline: April 25, 2008 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@sportsca rmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 972084797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an offi cial SCM cap. Email photos at 300 dpi in JPEG format. Vintage A Advertising Prints 13" x 19"; Just $15.95 Available online at www.sportscarmarket.com July 2008 121

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. Restored in 1995. Has vintage roll bar. Sold on Ebay, but jilted. Item # 140219764597. Need real money. This is a great car, owned for 15 yrs. Located 1.5 hours from Ohare. This is a great investment. $150,000. William Larson, 608.558.7885, Lars99@aol.com. 1961 Porsche 356 coupe gear noise or issues. $30,000. Steve Markowski, 802.877.2645 or 802.598.0385, rpm@rpmvt.com, www.rpmvt.com (VT) 1996 BMW 328i Convertible Original owner, 40k miles car, 5spd, needs only cosmetics to be perfect. All records, Montreal Blue, sports package. $12,000. Charles Wegman, 281.239.2317. (TX) Italian 1953 Alfa Romeo 1900 Series I Touring Coupe English 1955 MG TF 1970 Jaguar E-type OTS Excellent running and driving car, great brakes, transmission and overhauled engine to 912 specs. Old cosmetic condition, solid replaced pan and original solid longitudinal sections. The best deal in Porsche 356s out there! $32,000. Steve Markowski, 802.877.2645 or 802.598.0385, rpm@rpmvt.com, www.rpmvt.com (VT) 1965 Porsche 356-C Beautifully restored example of Alfa Romeo's classic engineering combined with Touring's sophisticated design. Proven event competitor. Ready all tours $150,000. Fantasy Junction, management@f antasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1954 Maserati A6GCS, S/N 2053. Concourse show quality restored roadster. Exceptional vehicle with excellent cosmetics and mechanicals. Additional EMAIL photos available, $33,900 OBO. Kent, 303.808.7511, kent1johnson@aol.com. (CO) 1966 Triumph 4A Surrey Top 58,000 miles. Older bare metal respray. Solid, honest well documented car. Color matched hardtop, manuals, spares. Overall condition commensurate with mileage. Excellent driver, $38,000. Alan (717) 632-1778, tuckstips@superpa.net. 1974 Triumph TR6 Rust free, beautiful example. SCM motor, super detailed, Kadex proof car is one of the last few made. Showroom fresh. Drive anywhere. $41,500. Robb, 830.990.2700. (TX) 1996 Porsche Turbo Ground-up restoration 2003. Upgraded with Judson supercharger and big bore pistons. IRS. New tonneau and soft top. Body is perfect. Exquisite condition. $27,500. Don, 214.522.8413, donbuckroyd@themayfairpage.com. 1969 Triumph TR6 Desirable and competitive car. $200,000 in Epifani Restorations receipts. Eligible for all events. FIA Historical Technical Passport. Includes spare engine # 2067. $1,950,000. Fantasy Junction, manageme nt@fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) Restored in California in early 90's. Driven summers only and meticulously cared for by two fussy owners since. Teal green, saddle leather. A really lovely car, ready to drive and enjoy. $18,500. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd .com. (CT) 1986 Jaguar XJ6 29,300 Miles, Silver, Marble Gray, Rootwood Shift Knob, Rim Caps, Lumbar Support, Digital Sound, Cd Stacker, Supple Seats. Window Sticker, Non Smoker, Clean Carfax report. Ron, 818.541.9710. 1966 Mercedes, 230 SL, Roadster 1960 Ferrari 250 PF Coupe, Series II, s/n 1637. Gaudy money spent on spectacular restoration to way better than new condition. British Racing green, black interior. The best looking and driving TR we've seen in 20 years.$35,000. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd .com. (CT) 1970 Jaguar XKE series II FHC 17,090 original miles.Probably the best original unrestored XJ6 in the country. Pristine original paint, interior, wheels, tires, etc. All books and records. Runs perfectly. A sure Preservation Class winner. Robert Koons, 215.988.3392, robert .koons@dbr.com. German 1958 Porsche 1600 Speedster Restored from the ground up by Bob Platz at a cost of $160k, with full documentation. Ultra rare ZF 5-speed transmission. Looks, runs, drives as new. Two tops, books, tools. Absolutely flawless throughout. Green, cognac leather. $85,000. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd .com. (CT) 1991 Porsche 911 Carrera 4 cabriolet Third owner with no winders. 30,750 miles. Original car–not restored. Pale Primrose with black int. Power steering and A/C. Last year for the coupe— only 1,702 built. Many show awards. $38,000. Bob Sleap, 716.877.2136.(NY) 122 Dark blue metallic with Navy top and interior. Every service record from new. Clutch upgrade and factory cylinder recall performed. All original paint, new top, immaculate overall condition. No leaks, Fresh restoration. 222 pictures. Bare metal repaint. Re chromed. Balanced & blueprinted engine, & ancillary equipment rebuild by Scuderia Rampante. New interior, tires, brake pads, A/C, windshield. Transaxle rebuild 5,000 miles ago. Borranis. Books & records. $298,000 OBO. Jim Walters, 303.363.1641, jbw4141@aol.com. (CO) Sports Car Market Low mileage example sympathetically restored by knowledgeable owner to retain its honest original feel and detailing. Crisp, taut performer. Matching numbers. $275,000Fantasy Junction, management @fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1967 Ferrari 330 GTC

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SCM Showcase Gallery 1969 Alfa Romeo Convertible wheels, tools, manual. Runs smooth and strong. Email for pics and details. $54,000. Stan, stanjohnson@mixcom.com. (WI) 1986 Ferrari Testarossa Red/black. Overhauled engine. Please call for information. $22,750. Herbert Baker, 262.334.6127, herb@herb-ditto.com. 1973 Ferrari 246 GTS $42,000 spent in 2007 to rebuild engine/trans/ brakes/cooling system to ensure performance and reliability. All of the best components used like Forged pistons and Stainless Steel coolant pipes. This car drives better than new and the engine is silk smooth. Older/original cosmetic condition that is holding up well. $195,000. Steve Markowski, 802.877.2645 or 802.598.0385, rpm@rpmvt.com, www.rpmvt.com (VT) 1980 Ferrari 308 GTBi Sinister looking in perfect original black with unmarked tan interior. Fully serviced, excellent compression and transmission synchros. Full service history from new. 05 major service. Needs nothing. $65,000. Steve Markowski, 802.877.2645 or 802.598.0385, rpm@rpmvt.com, www.rpmvt.com (VT) 1986 Alfa Romeo Spider standard and fully sorted for spirited V8 driving anywhere, anytime. Finished in dark blue, brown leather, beige top; all weather equipment. Mint condition, 100% correct. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd.com. (CT) 1942 Ford Super Deluxe Woodie Wagon new quality restoration, rim blow horn, 6 way seat, engine and undercarriage detailed to perfection, original 383 on engine stand w/parts. $92,000. Dan, 508.872.5312, drourke@aol.com .( MA ) 1971 Hemi Cuda Convertible Rare model with superb original wood. Mint condition throughout. Great history. All options including Columbia rear end, original radio, heater. Show quality but fully sorted for real driving. Call for details. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) 1965 Shelby GT350, s/n SFM5S193. All original car in spectacular shade of blue. Immaculate condition without rust or accident damage. This car is in need of nothing to be driven and enjoyed. $13,000.Steve Markowski, 802.877.2645 or 802.598.0385, rpm@rpmvt.com, www.rpmvt .com (VT) Yellow/black 6,500 miles. Major service done, records, a totally unmolested and unrepeatable time warp car. $49,900. Jim, 440.460.0161 1986 Ferrari 328 Mondial coupe Untouched original paint in rosso prunia. Thoroughly serviced with belt service in 2005 with new tires. Complete books and tools. One of the best driving V-8 Ferraris available! Immaculate. $35,000. Steve Markowski, 802.877.2645 or 802.598.0385, rpm@rpmvt.com, www.rpmvt.com (VT) 1986 Ferrari Testarossa One-off roadster hand made in Switzerland. Aluminum body over unique tubular chassis with Vauxhall ‘light six' drivetrain. Repaint in 2000 otherwise nicely preserved original with under 2400 km. Well documented history and older FIA documents. Will assist with shipping. Think Villa d'Este! $69,800. 248.723.9592, jwd4cdl@comcast.net. (MI) American 1936 Ford Phaeton Swiss 1949 Zimmerli Vauxhall Rare opportunity acquire matching numbers, un-restored, original paint and interior 1965 model. Unblemished history. Drives as new. $325,000. Fantasy Junction, management@fantasyjunction.com; www .fantasyjunction.com. 510.653.7555. (CA) 1967 Chevelle Malibu Two plus year professional rotisserie restoration by Classic Ventures. Hi-Impact Lemon Twist with a white top, white billboards & white leather interior. Original “G” convertible restored with an Engine Design 426 Hemi, “Shaker Hood”, Dana, Pistol Grip Hurst shifter Four Speed, Rallye gauges, Rim Blow & Elastomeric front bumper. Appraised at $200,000. Contact for more info and photos. Gary 817.821.6895 or Bill 815.597.1028, blturner1@aol.com. 1992 Dodge Stealth One owner - Fittapaldi Wheels with High Performance Tires. Well maintained. Garaged and covered. Lee Sporney, 541.965.2648, lee. sporney@ngc.com. 2006 Spyker C8 Spyder Fully restored Ex. Barrett-Jackson car. Excellent driver or tweak for show. $37,500. Also 1971 XKE Series II Convertible, yellow and black, restored, w.w., A.C. $57,500. Michael Taylor, 860.429.8891, tmcorp@charterinternet.com. (CT) 1970 Dodge Challenger R/T Conv Black with Ruby Leather, every option 750 miles. Spectacular as new car...Save $100,000! List $296,785. Why drive a dime a dozen Ferrari or Lambo? $196,785. Robert Zweben, 908.601.0288. (NJ) Other Ferrari, Maserati, Lamborghini Cash buyer for Ferrari, Maserati, Lamborghini cars and related items. Please call 860.350.1140, fax 860.350.1140, or email forzamot@aol.com ♦ No rust, heated garage. 1,000 miles on Motion Products engince out servicing. Original Spectacular California car. Restored to the highest 440-6 Shaker, pistol grip, low miles on better than 124 Sports Car Market

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfi elds. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfi elds.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) Gooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers the rarest examples of collector vehicles at the most prestigious auction venues to its international clientele. Our team of well qualifi ed experts will advise you on current market values. Gooding & Company presents the offi cial auction of the famed Pebble Beach Concours d'Elegance in August and record-setting Scottsdale Auction in January. www.goodingco.com. (CA) H&H Classic Auctions. +44.01925.730630, +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classic-auctions.com. (UK) Auto Appraisal Group. 800.848.2886, Offi ces located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certifi ed, confi dential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars AppraisThe Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's fi nest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of als. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www.caldreamcars.net. (CA) 2shores International. 49.5691.912460. Take advantage of the strong Euro and let us market your car in Europe! Based in Germany, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Your trusted partner in Europe! Call Jurgen today! www.2-shores-classics .com. (DE) Russo and Steele Collector Auto- mobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialize in restoring and trading the fi nest and rarest American muscle cars. We are the home of Speed TV's “Dream Car Garage.: We are a professional, discreet, and fair buyer for your quality American Muscle. www.legendary-motorcar.com. (ON) Shelby American Automotobile Club. 860.364.0449, 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) Appraisals Automobilia Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Buy/Sell/General USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com toll free: at 800.872.7772 www .usappraisal.com. (VA) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www .classic-carauction.com. (CA) parts from 1900 series to Milano. Effi cient, personal service. 510.525.9435. (CA) American RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Gooding & Company. 310.899.1960, Gooding & Company's experts are well qualifi ed to appraise automotive and collectible estates. Whether it is the creation of a foundation, living trust, or arrangement of a charitable donation, we are able to help you. www.goodingco.com. (CA) Brighton Motorsports. 480.483.4682, Brighton Motorsports, Scottsdale Arizona is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also 126 Sports Car Market

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have a state of the art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) & Sports cars. Dealer inquiries welcome. www.jjbest.com. (MA) Paul Russell and Company. Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com; www.classicshowcase.com. (CA) 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of classic European sports and touring models from pre-war through 1960s. Successfully brokering MercedesBenz, Ferrari, Porsche, Jaguar, BMW, Alfa Romeo. Guidance given with emphasis on building long-term relationships. Sales Manager Alex Finigan: Alex@paulrussell.com www.paulrussell.com. (MA) Collector Car Insurance medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specifi c events. Please contact Mark Cooke and or Kevin Way. English Grundy Worldwide. 800.338.4005, The Carcierge. 561.241.6696, Family Classics. 949.496.3000, Our showroom houses some of the world's most prized classic cars, hot rods, muscle cars, and modern exotics. If we don't have what you want, check backor tel us what you want. We're equipped to fi nd numbers matching 100-point restorations, low-mileage survivors or just beautiful, reliable drivers. www .familyclassiccars.com. 561.241.6613. At The Carcierge, our facility has been designed to provide secure storage at appropriate temperature and humidity levels. We also offer our CarCare program, designed to protect your automobile from the damage that can occur when it is idle. www .thecarcierge.com. (FL) With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Infl ation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy.com. (PA) Aston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) Doc's Jags. 480.951.0777, Hagerty Collector Car Insurance. Woodies USA. 480.694.7929, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Scottsdale, Arizona. www.woodiesusa.com. (AZ) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the fi nest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” www.legendarymotorcar.com. (ON) Classic Car Transport Intercity Lines, Inc.. 800.221.3936, 413.436.9422. Rapid, hassle-free, coastto-coast service. Insured enclosed transport for your valuable car at affordable prices. State-of-the-art satellite transport tracking. Complete service for vintage races, auctions, relocations. www.intercity.lines.com. (MA) Motor Auto Express, Inc.. Park Place LTD. 425.562.1000, Park Place LTD is the West Coast's largest luxury, sports and special interest auto dealership. We're an authorized dealer for Aston Martin, Lotus, Spyker, Shelby, Superformance, and Speedster Recreations and carry collector and special interest vehicles of all kinds. 20 years in the business and familyowned; Park Place LTD is driven to excellence. www.ParkPlaceLTD.com. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Collector Car Financing J.J. BEST BANC & CO. 800. USA.1965, Call Now or Apply Online. The nation's oldest and largest classic car fi nancing specialist. Low national fi xed rates starting at 6.99%. Five-minute approvals. Terms up to 12 years. Simple interest. Pre-qualify for auctions. Financing for Antique, Classic, Exotic, Hot Rod, Kit, Muscle, Luxury 800.922.4050, Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost signifi - cantly more won't do the job. We'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. www.hagerty.com. (MI) 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags.com. (AZ) Kevin Kay Restorations. Heacock Classic. 800.678.5173, We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. www.heacockclassic .com. (FL) 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Ferrari/Maserati/Lamborghini Randy Simon. 310.274.7440, JC Taylor. 800.345.8290, Antique, classic, muscle or modifi ed-J.C. Taylor Insurance will provide dependable, dynamic, affordable protection for your collector vehicle. Agreed Value Coverage in the continental U.S., even Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online. www.JCTaylor.com. (PA) Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually fi nd it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) T. Rutlands. 800.638.1444, The largest independent Ferrari parts source in the business. Our vast inventory includes new, used and rebuilt parts for vintage and contemporary Ferraris. Buy your parts where the Ferrari shops do. Now, shop 24/7 at www.TRutlands .com www.TRutlands.com. (GA) July 2008 127

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. Garage/Tools Baldhead Cabinet Company. 877.966.2253, Offering a fi ne selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www .baldheadcabinets.com. (CA) job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Parts and Accessories Covercraft Industries. 800.4.COV- ERS (426.8377), World's largest manufacturer of custom vehicle covers. Over 58,000 patterns in our library and we can custom make a cover to your dimensions. Thirteen (13) fabrics for indoor/outdoor protection of your classic or daily driver. Made in USA www .covercraft.com. (OK) Racehouse Design. 541.330.8766, GARAGE DESIGN PLANS FOR SALE. Racehouse Design has four portfolios of garage designs: “SPEEDCLUB GARAGES”, “COACH QUARTERS”, “CLASSIC GARAGES”, and “CAR COTTAGES”. Each plan is professionally designed by Lawren Duncan, Designer and Race Enthusiast. www.racehousedesign.com. (OR) German Re-Originals. 713.849.2400, Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) 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 our website for complete listing. www.reoriginals.com. (TX) Restoration - General Performance Restoration. 440.968.3655, High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We fi nish your projects. supercharged@alltel .net. (OH) fi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Tires The Healey Werks. 800.251.2113, Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) 712.944.4940. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refi nishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks .com. (IA) Sports and Competition Morris and Welford. 714.434.856 2/203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www.morrisandwelford.com. (CA/CT/United Kingdom) Only Oldies Garage. 480.966.9887, The Southwests Only Coker Tire Distributor! Contact us for Best Pricing on all Classic Tires. Only Oldies Specializes in all Classic Service from Pre-war - 60's Muscle. We Don't Restore ‘em… We Keep ‘em Running Right. www .onlyoldiesgarage.com. (AZ) Vintage Events Muscle Car 1000. 949.838.7076, Doc's Jags. 480.951.0777, Re-Originals. 713.849.2400, 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 our website for complete listing. www.reoriginals.com. (TX) Inspections Legendary Motorcar Company. Automobile Inspections LLC.. 860.456.4048, “When you need the 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www .legendary-motorcar.com. (ON) 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly quali- October 2008. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fi ne wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www .musclecar1000.com. (CA) ♦ Advertise in Sp C 8 J ports Car Market CONTACT KJ Glennon kj.glennon@sportscarmarket.com 877.219.2605 x 222 John Scharff john.scharff@vettemarket.com 3 314.802.8139 Co 8 C dy Wilson cody.wilson@sportscarmarket.com 877.219.2605 x 213 128 Sports Car Market

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Carl Bomstead eWatch 20% Premium Tests Tire Kickers $1,391 frames challenge license plate prices, porcelain Rockne sign intercepted, jumbo Bibendum is a big winner Thought Carl's Noel Barrett has been conducting auctions of Americana, toys, and dolls for at least 20 years. He frequently appears on the “Antiques Roadshow” television series and is considered one of the country's leading experts. As an aside, he also has one of the most impressive collections of Americana and Country Store items displayed in his Pennsylvania home that I have ever seen. He specializes in the unique and unusual, and at his most recent auction, held April 11 to 13, he sold a period cigar store Indian, after 35 bids, for $70,000, and an original Monopoly set, with eight bids, for $42,500. It all makes $50,000 porcelain signs look reasonable. Here are a few more items from the auction, along with some others of interest: EBAY #270220451314— STUDEBAKER ROCKNE PORCELAIN DEALERSHIP SIGN. Number of Bids: 34. SOLD AT: $3,349.99. Date Sold: 3/23/2008. The Rockne automobile was named after famed University of Notre Dame football coach Knute Rockne, who was employed by Studebaker as manager of sales promotion. The Rockne went into production in December 1931, nine months after Rockne was killed in a plane crash. Production lasted less than three years, so the sign can be accurately dated. It was in acceptable condition, with a goodsize nick on the bottom portion of the sign. A rare sign that sold for a reasonable price. EBAY #360037899024—1919 GLEN COVE INN AUTO HIGHWAY CHINA PLATE. Number of Bids: 7. SOLD AT: $35.99. Date Sold: 4/08/2008. The Glen Cove Inn is located on Pike's Peak Highway at Colorado Springs, Colorado. It was built in 1916 and operated by the National Forrest Service but is now managed by the City of Colorado Springs. The 19-mile Pike's Peak International Hill Climb “Race to the Clouds” has been going on for 85 years, so if you were into this race, this plate was an inexpensive addition to your collection. EBAY LIVE #150229698240— PLASTER STATUE OF MICHELIN MAN. Number of Bids: 2. SOLD AT: $9,600 cluding 20% buyer's remium) Date Sold: /11/2006. This 32″ statue of Bibendum, the classic Michelin tires mascot, dated to the 1920s, with “Michelin Tires and Tubes” incised lettering on the base. He appeared to be missing his cigar and had a little in-painting but was otherwise in excellent condition. Michelin stuff is very collectible, and this delightful piece sold for a reasonable sum, considering the imposing size and excellent condition. EBAY #120242500208— 1947-1951 CALIFORNIA LICENSE PLATE FRAMES. Number of Bids: 58. SOLD AT: $1,391.66. Date Sold: 4/15/2008. Early California license plates were an unusual size and these frames fit those made between 1947 and 1951, along with a few earlier and later years. They were from a Los Angeles Ford dealer but could be used on any car of the era. They were a matched pair and in excellent condition. They obviously attracted a lot of attention and sold for a bunch, but, as they say, if you don't like the price, go find a cheaper set. EBAY #140214945728— EBAY LIVE #150229698247—MARATHON TIRES TIN SIGN. Number of Bids: 24. SOLD AT: $19,200 (including 20% buyer's premium). Date Sold: 4/11/2008. This colorful lithographed tin over cardboard sign measured 23″ x 20″ and is one of the finest early tire advertising signs known. It was self framed and had a small nail hole on the top edge. I've seen these sell for a bit less but the outstanding condition of this example helps justify the extraordinary price. EBAY LIVE #150229698260—CONGRESS TIRE FLANGE SIGN. Number of Bids: 14. SOLD AT: $1,320 (including 20% buyer's premium). Date Sold: 4/11/2008. This lithographed die-cut sign was in excellent condition, with only a few minor scratches on one side. It was offered by Noel Barrett auctions through eBay Live and sold for a most reasonable price considering the condition. The only issue was a 20 % buyer's premium that we don't have to deal with on normal eBay auctions. Even so, it should be considered well bought, as early tire signs are very sought-after. SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 130 BEGGS SIX AUTOMOBILE RADIATOR BADGE. Number of Bids: 16. SOLD AT: $317.99. Date Sold: 3/19/2008. This was one of a number of early automotive badges sold from an estate. The Beggs Six was a short-lived automotive venture from the late teens. They were made in Kansas City and the colorful badge was their most noteworthy attribute. The mounting stud had been grounded off but otherwise the badge appeared to be in excellent condition. Badges are often heavily repaired or even reproduced, so it is a leap of faith to buy one sight unseen. The unusual shape of this one, however, makes it likely it is the real thing. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market