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Sports CarMarket Can a Seller “Undo” an eBay Deal? 177 Cars Rated Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends Edsel'sRed Hot Rod $1.76m June 2008 $425k Carrera RS—Howhigh will they go Mussolini's Million-Dollar Alfa Bullish Ferraris and Bear Stearns www.sportscarmarket.com

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Sports CarM Keith Martin's orts CarM Keith Martin's 60 60 Edsel's one-off orts CarM Keith Martin's 60 Edsel's one-off 56 56 Carrera RS: They're not getting cheaper 46 The “Miami Vice” era Ferrari Sports Ca Sports Ca CarM Keith Martin's 60 Edsel's one-off 56 Carrera RS: They're not getting cheaper 46 The “Miami Vice” era Fe arM Keith Martin's 60 Edsel's one-off 56 Carrera RS: They're not getting cheaper 46 The “Miami Vice” era Ferrari Supercar Supercar that's looking better with age. Steve Ahlgrim ENGLISH 50 1960 Jaguar Mk II 3.8 Saloon Jaguar's “gentleman's express” hits paydirt at $76k. Gary Anderson ETCETERINI 54 1935 Alfa Romeo 6C 2300 Pescara Spyder Il Duce's rumbleseat special tops $1 million. Donald Osborne GERMAN 56 1973 Porsche Carrera RS Touring Privateer history adds to a big $425k pricetag. Jim Schrager AMERICAN 60 Edsel Ford's 1934 Model 40 Special Speedster Patina is Job One on this Ford relic. Ken Gross RACE 66 Lazenby Lotus 17 Special Jim Clark's mechanic builds an “über-Lotus” 17 Thor Thorson Cover photograph: RM Auctions ports CarM Keith ports CarM Keith Martin's 60 Edsel's one-off 56 Carrera RS: They're not getting cheaper 46 The “Miami Vice” era Ferrari Supercar that's looking better with age. Steve Ahlgrim ENGLISH 50 1960 Jaguar Mk II 3.8 Saloon Jaguar's “gentleman's express” hits paydirt at $76k. Gary Anderson ETCETERINI 54 1935 Alfa Romeo 6C 2300 Pescara Spyder Il Duce's rumbleseat special tops $1 million. Donald Osborne GERMAN 56 1973 Porsche Carrera RS Touring Privateer history adds to a big $425k pricetag. Jim Schrager AMERICAN 60 Edsel Ford's 1934 Model 40 Special Speedster Patina is Job One on this Ford relic. Ken Gross RACE 66 Lazenby Lotus 17 Special Jim Clark's mechanic builds an “über-Lotus” 17 Thor Thorson Cover photograph: RM Auctions S S and, FL: Prewar classics carry the day as 91% sell. Donald Osborne MCCORMICK 82 Palm Springs, CA:More cars, same $4.7min Southern California. Carl Bomstead BARRETT-JACKSON 90 West Palm Beach, FL: New bidders bolster this $23m weekend. Dale Novak BONHAMS 102 Warwickshire, UK: Ex-Waldegard Escort leads the way at $182k. Paul Hardiman RM AUCTIONS 112 Ft. Lauderdale, FL: RM quality reigns as 330 cars sell for $18m. Carl Bomstead KRUSE INTERNATIONAL 122 Honolulu, HI: Kruse says “aloha” to Hawaii at this $1m sale. Phil Skinner EBAY MOTORS 126 Porsches for the road, track, and field. Geoff Archer

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40 “Whizzo” gets loose COLUMNS 10 Shifting Gears The swap meet—just one of many choices Keith Martin 36 Affordable Classic Metropolitan magic from the 1950s Rob Sass 38 Legal Files A buyer, a seller, a BMW, and an undone eBay auction John Draneas 48 Sheehan Speaks Ferraris swerve to miss the Bear Stearns crash Michael Sheehan 52 English Patient Rover 2000, the geek who couldn't make good Gary Anderson 58 Porsche Gespräch Traveling through time by Porsche Jim Schrager 64 Domestic Affairs Trans Am rumblings, past and present Colin Comer 132 Motobilia The Duesenberg of gas signs nets $58k Carl Bomstead 134 Bike Buys XB: Buell's better mousetrap Paul Duchene 146 eWatch Packard neon brings a dazzling price Carl Bomstead FEATURES 40 Up Close: “Whizzo” Williams, the everyman racer 42 Collecting Thoughts: Why Voisin is the next big thing 44 Event: The Amelia Island Concours stretches out DEPARTMENTS 12 Crossing the Block / Auction Calendar 16 The Inside Line 18 Contributors 20 You Write, We Read 22 Display Advertisers Index 28 Neat Stuff 30 In Miniature: 1959 AMC Metropolitan 1500, 1960 Jaguar Mk II, 1971 Ferrari 365 GTB/4 Daytona Comp 32 Icons: Revolutionary ads, tonneaus, and tough batteries 34 Our Cars: 1974 Ferrari 365 GT4/BB, 1959/61 MG A, 1976 Porsche 912E 37 20 Year Picture 110 Alfa Bits 120 Glovebox Notes: Mini Clubman and Honda Civic EX 127 FreshMeat: 2003 Ferrari Enzo, 2008 BMW M3 4-door, 2009 Nissan GT-R 128 Automotive Investor: Mercedes-Benz 230/250/280SL 130 Book Reviews: Whizzo Williams's sporting life 136 Mystery Photo 137 Comments with Your Renewal 138 Showcase Gallery 142 Resource Directory Jeff Bloxham

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Shifting Gears Keith Martin The Shadow of the Internet months later for $9,500. But today, all the sellers are hooked up to cyberworld, and consequently all the asking prices tend to be otherworldly, as if there were giant Speed Channel cameras following every transaction, and every price was going to be a world record. Where's the fun in that for a buyer? Can you hear me now? And if you do go to swap meets, communication with your partners is a no-brainer today. When I first started attending them, one of the biggest challenges was staying in touch. In the pre-cell phone era, you would arrange to “meet by the big tent at noon.” Invariably, someone would get caught up in a deal, and after 30 minutes of waiting you would go on with your searches, and maybe that night back at the hotel you would touch base again. This situation was ameliorated slightly when the first Piled high, and staying that way I t's a miserable, wet, 45-degree day in Portland as I compose this. And for the first time in a decade, I have missed the 44th annual Always-in-April Portland Swap Meet. Billed as the largest event of its kind west of the Mississippi River, it claims to have over 4,200 vendor stalls and 50,000 shoppers. An event held at Portland International Raceway, just next door, attracts a large crowd as well. But as I have said before, swap meets of all kinds are rapidly losing their relevance in today's collecting world. Fifteen years ago, when I owned a restoration shop, Exotics Northwest, I recall looking forward to the swap meet, as I needed a three-Stromberg intake manifold and carburetors for the Devin I was restoring. In fact, I found several to choose from. And my collection of Dinky and Matchbox toys always grew in April, the result of prowling the halls of the swap meet. But today, if I go to eBay and type in “Stromberg,” 399 results come up. And if exactly what I need isn't there, I'd simply set my loyal and trusty account to email me when a listing that matches “Stromberg and intake” appears. Simpler to find things online The magic is completely gone with regards to finding toy cars at swap meets. A search for “Dinky” produced 1,871 results, and “Matchbox” 14,415. How much simpler and more convenient it is to look at them online, from the comfort of my home (okay, actually from my office when I'm supposed to be working), click a couple of buttons, and have them sent to me at home. Also, swap meets used to be the only viable alternative to Hemmings for selling a collector car. One April, my booth had a 1969 Road Runner (orange/black, 4-speed, buckets, 383, nice car, paid $3,500 and sold for $5,000) and an MG TD (burgundy/black, fine driver, paid $6,500, sold for $8,500). Buyers came looking, sellers were prepared, and deals were put together. In the pre-Internet days, it was even possible now and then to steal a car; friend Bill Woodard and I snagged an Isetta one year for $6,000 and drove it home, dead-mouse aroma and all. It went away a few 10 hand-held CB radios were mass produced. I remember long-time collector and friend of SCM Bob Ames boasting how he and co-conspirator Monte Shelton had snagged a pair of CBs, and could prowl the paths at Hershey independent of one another, yet be instantly in touch if they came across the crown jewels. I was jealous. Today, not only can you make a cell phone call, you can send a picture to your buddies, either to inquire about value, or, post-purchase, to brag about your find. More reasons to avoid going In fact, the primary reason to go to swap meets today, in my opinion, is for the bragging rights. You gather with your buddies each night and dump your bags of booty on the table, like children coming back from an evening of trick-or-treating. Each bit is examined, and the group gives its collective thumbs-up or thumbs-down to your acquisition. But in the end, it gets easier and easier each year to just pass. If the weather's not good, if the schedule is crowded, if there's a rally, if you've heard that the parking is difficult—those all become reasons to tilt the scales in favor of avoiding the swap meet altogether, and getting the junk you really don't need anyway by going online. It's not to say swap meets won't continue, it's just that they now exist in a much more crowded marketplace, with far more choices for gearheads who have an afternoon to waste. Most swap meets exhibit an organizational antipathy to the Internet; I would suggest that those best positioned to survive will learn to embrace it and use its power to enhance their events. Offering vendors a way to list their wares online would be a start. The magic months Despite our current gray skies, it's time to prep your old cars and motorcycles for the months ahead. Here in Portland, May through October is our sunny time—six months, 26 weekends, just 184 days. What we hope for is the confluence of good weather, properly running machines, and days labeled Saturday or Sunday. The underlying passion that ties us all together is the exhilaration we feel when we actually get our cranky old cars running, and spend time with our (often cranky as well) old friends, on empty roads to nowhere. If I were the king of your summer calendar, I'd have you pull it out right now and clearly mark out the weekends you are going to spend enjoying your cars. I've got mine done already. ♦ Sports Car Market

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Crossing the Block Brendan Floyd Ex-Ralph Salyer McLaren at Bonhams & Butterfields, Greenwich, CT Bonhams & Butterfields— The Greenwich Concours d' Elegance Where: Greenwich, CT When: June 8 More: www.bonhams.com This will be Bonhams & Butterfields's inaugural auction at the Greenwich Concours, a sale previously held by Christie's. Early star consignments include the ex-Ralph Salyer “Cro-Sal” Special 1965 McLaren-Chevrolet M1A, which is expected to bring between $250k and $350k, a 1915 Stutz Bearcat, and a 1971 MercedesBenz 280SEL 3.5 convertible. H&H—Fine Collector's Cars Where: Surrey, U.K. When: June 8 More: www.classic-auctions.com This will be H&H's first auc- tion at the historic Loseley Park, Guilford in Surrey. Highlighting the event will be an all-original, unrestored 1936 Bugatti Type 57 Graber Sports saloon, which has been in its current ownership since 1962. Kensington—Hamptons Auto Classic Where: Bridgehampton, NY 12 When: June 10 More: kenmotor@gmail.com Last Year: 17/55 cars sold / $410k Held in one of the most afflu- ent communities in the country, this 16th annual sale alongside the Hamptons Concours d'Elegance expects high quality collectibles. Last year's top sale was a 1953 Jaguar XK 120 OTS, which changed hands for $93,500. RM—Joe's Garage: The MacPherson Collection Where: Tustin, CA When: June 14 More: www.rmauctions.com This sale of the personal collection of the late Joe MacPherson, a lifelong auto enthusiast and founder of the private automotive museum, “Joe's Garage,” will feature about 50 historic cars and 25 motorcycles. Several racers will be on hand, including the record-holding 1954 Chrisman Ford Bonneville coupe, a 1957 McCluskey sprint car “Tamale Wagon,” a 1966 Gurney Eagle Indy Car, and a 1994 Chevrolet Lumina formerly owned and raced by Dale Earnhardt. Silver—Coeur d'Alene Auction Where: Coeur d'Alene, ID When: June 14 More: www.silverauctions.com Last Year: 50/101 cars sold / $787k A relaxed, family atmosphere and a good mix of about 100 affordable collectibles are expected at this annual sale at the awardwinning lakefront Coeur d'Alene Resort. The auction is held in conjunction with the Car d'Lane Classic Car Weekend, which features a car show, swap meet, and cruise-in. Mecum— St. Paul High Performance Auction Where: St. Paul, MN When: June 20–21 More: www.mecumauction.com Last Year: 111/218 cars sold / $2.1m Plenty of rods, customs, and muscle cars will blanket the Minnesota State Fairgrounds at this annual auction, which will Bonneville coupe at RM's MacPherson Collection sale, Tustin, CA Sports Car Market Armin Krueger Greenfield Gallery.net

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be held along with the Minnesota Street Rod Association's 35th annual Back to the '50s event. This is a good place for the entry-level collector, as many lots change hands for less that $20k. The weekend's activities include a swap meet, '50s dances, and a Cruise-n-Art craft fair. Bonhams—Rolls Royce, Bentley, and Select Prewar Motor Cars Where: Northamptonshire, UK When: June 21 More: www.bonhams.com Last Year: 23/28 cars sold / $1.5m Bonhams joins the Rolls- Royce Enthusiasts' Club at Kelmarsh Hall for this 20th annual sale of prewar RollsRoyces and Bentleys. Last year's high sale honors went to a 1920 Rolls-Royce 40/50hp Silver Ghost Open-Drive Landaulette at $242,550. Expect several lots to reach the $100k mark. Bonhams & Goodman— Collectors' Cars Auction Where: Auckland, NZL When: June 22 More: www.bonhamsandgoodman.com.au Following several successful sales in Australia, Bonhams & Goodman has branched out and become the first international auction house to have a full time resource in New Zealand. The relatively small market is home to many respected collectors and enthusiasts and should garner international interest. Auckland will be the site of the first of two planned auctions in 2008. Mecum—Bloomington Gold High Performance Auction Where: St. Charles, IL When: June 27–28 More: www.mecumauction.com Last Year: 145/295 cars sold / $8.3m The place to be for fiberglass fanatics, this all-Corvette auction expects some of the finest examples of America's iconic sports car to cross the block. Last year, an immaculate 1967 big-block convertible led the charge at $467k, while early C1 roadsters continued their strong sales showing. Among the highlights this year will be three serial number 1 'Vettes from 1955, 1956, and 1957, offered as a collection. June 2008 1927 Rolls-Royce Phantom I Playboy roadster at RM's Astor Collection sale, Anaheim, CA RM—The Astor Collection Where: Anaheim, CA When: June 27–29 More: www.rmauctions.com About 250 highly original and well-maintained American vehicles from the '20s through the '70s will be auctioned from the personal collection of Art Astor. Highlights include a 1927 Rolls-Royce Phantom I Playboy roadster, a 1948 Hudson limou- sine by Derham, and a collection of Packards. Also to be auctioned will be a large lot of radios and telephones, along with various pieces of art deco furniture and automobilia. ♦ Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. May 3—BONHAMS & BUTTERFIELDS Half Moon Bay, CA 3—MECUM Indianapolis, IN 3—WORLDWIDE Seabrook, TX 5—SHANNONS Sydney, AUS 9-10— MIDAMERICA St. Paul, MN 10—BONHAMS Monaco, MCO 10—COYS Monte Carlo, MCO 15-18—MECUM Indianapolis, IN 17—BONHAMS Newport Pagnell, UK 17—LUZZAGO Brescia, ITA 17—SILVER Reno, NV 17—KRUSE Lake Placid, NY 17—KRUSE Monterey, CA 18—RM Maranello, ITA 24—ICA Church Point, LA 24—KRUSE Paso Robles, CA 25—COYS Kent, UK 29-June 1—KRUSE Auburn, IN 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 Auckland, NZL 27-28—MECUM St. Charles, IL 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—KRUSE Denver, CO 21—SHANNONS Sydney, AUS 21-22—BARONS Surrey, UK 26—BONHAMS Silverstone, UK 26—KRUSE Midland, MI 26—MECUM Des Moines, IA 13

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Inside Line Brendan Floyd Send news and event listings to insideline@sportscarmarket.com. SCM News ■ Publisher Martin will serve as Master of Ceremonies for the 2008 Meadow Brook Concours d'Elegance on Sunday, August 3, 2008. Said Meadow Brook Concours event chairman Larry Smith, “Who better to emcee this year's spectacular Concours than one of the most recognized individuals in the classic car field? We are thrilled that Keith will be on hand as many of the world's finest vehicles take to our magnificent stage.” Featured at this year's exhibition will be rare, open-hood displays of 16-cylinder cars, representatives from the class of 1933, early- to late-model Ferraris, and what is expected to be the largest collection of 8-Liter Bentleys ever assembled anywhere in the world. www .meadowbrookconcours.org (MI) News ■ The Worldwide Group recently announced that it will Coming soon—Worldwide Group's new headquarters in Auburn, IN build its U.S. headquarters in Auburn, Indiana, the birthplace of the Eckhart Carriage Company, which later evolved into the Auburn Automobile Company. Rod Egan, Managing Partner and Chief Auctioneer, said, “We are delighted to be able to announce that plans for our new headquarters are well underway. Our 24,000-squarefoot, glass-fronted showroom will open later this year in the town that is synonymous with historic automobiles and all of the passion they evoke.” A highend catalog sale is planned at the new headquarters on August 30, the weekend of the Annual Labor Day Auburn Cord Duesenberg Festival. www.wwgauctions.com (IN) Events ■ Expect vintage boats in the Featured Event ■ For over 20 years, one of the best-kept secrets for lovers of beautiful Italian cars has been an event with just that name. “Le Belle Macchine d'Italia” holds forth each summer as the largest three-day gathering of Italian wheels in the nation. More of a happening for owners than for spectators, it delivers enjoyment in equal measure to both, with a relaxed but star-studded show on Saturday on the spectacular mountaintop grounds of Pennsylvania's Skytop Lodge and then two full days of track activities at nearby Pocono Raceway. Owners get to exercise their cavalli at speed and visitors can sample hair-raising rides for charity in the latest Lamborghinis driven by factory test drivers. This year's event takes place June 20 to 23, and will again host gatherings by clubs including the Ferrari Club of America, Lamborghini Owners Club, Maserati Club International, Panteras of New England, Iso Bizzarrini Owners Club, and the American Lancia Club, as well as the Sports Car Market Historic Maserati Reunion. The Reunion has produced the largest display of Maserati 450S cars in 45 years, as well as the first gathering since 1948 of all three of the legendary Maserati 8CTF Grand Prix cars. This year's edition pays tribute to the “Birdcage” and will feature at least one example of each type made. For fans of the truly obscure, a celebration of the 40th anniversary of the introduction of the Lamborghini Islero should see the largest assembly of these rare and little-known GTs since they left the factory. $60 for the concorso, from $350 for track events. www.italiancarsatpocono.com (PA)—Donald Osborne water and boattails on land at the thirteenth annualGreenwich Concours d' Elegance set for June 7–8. Saturday's Concours d'Elegance will feature American cars from 1900 to present, and Sunday's Concours Europa will celebrate European and import cars from 1900 to present. Also look for the galleries of automotive art and memorabilia, a book alley, workshops and demonstrations, and new-car exhibits. Tickets are $25 per day or $40 for both days; children 12 and under are free with an adult. www .greenwichconcours.com (CT) ■ This year marks the revival of the Coppa Intereuropa at the Monza circuit in Italy. This event is part of the GT & Sports Car Cup, an invitation-only series organized by Automobiles Historiques for pre-'66 GTs and pre-'63 sports cars similar to those that raced in the World Endurance Championship period. This two-hour race, which is preceded by a qualifying session, requires two drivers, with the owner of the car driving at least 50% of the race. www.gpao .fr (ITA) 16 Sports Car Market

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■ Held at Reliant Stadium in Houston, the Fifth Annual Classy Chassis will cater to a variety of car enthusiasts. Vintage American and European sports cars, hot rods, and fullout racing machines will be on display at the June 8 event. This year's featured marque is Bugatti, and show-goers will be treated to a world-class collection of vintage Bugattis, as well as the current-production Veyron. Tickets can be purch ased in advance at Ticketmaster or at the gate; prices are $20 for adults, $7 for children ages 6 through 12, and children five and under are free. Guests purchasing a raffle ticket have the opportunity to win a 2008 Mercedes-Benz. Proceeds benefit United Cerebral Palsy of Greater Houston. www .classychassis.org (TX) ■ The annual Hamptons Concours d'Elegance returns to Bridgehampton on June 15. Several judged classes will be featured, encompassing a wide range of collectibles from the early twentieth century through the '70s. Proceeds benefit Habitat for Humanity. kenmotor@gmail.com (NY) ■ The 42nd annual Palo Alto Event Calendar May 29-June 1 Portland Rose Cup Races (OR) www.rosecup.com May 30-June 1 Concours of the East (PA) www.concourseast.org 1 Los Angeles Concours (CA) www.laconcours.com 1 Original British Car Day (MD) www.chesapeakechaptermgtclub.com 2-6 AACA Sentimental Tour (NC) www.aaca.org 1938 Peugeot Darl'mat roadster at Classy Chassis Concours, sponsored by the Palo Alto Host Lions Club, is set for June 22. Alfa Romeo will be the featured European Marque, and Corvette the featured American marque. Held at the Stanford University athletic fields, the concours will present 27 classes of classic, sports, vintage and racing automobiles, along with several special exhibits. “The Drive” is scheduled for Saturday, June 21, and the Concours Dinner is scheduled for that evening. Tickets are $25, 12 and under free. www.paconcours.com (CA) ■ Bloomington Gold's roots began in 1973, when a group of Corvette enthusiasts gathered to display their cars and swap extra parts with one another. Today it has grown into a multi-feature event, with the Bloomington Gold certification being one of America's most prestigious Corvette awards. Set for June 26–29, this year celebrates the mighty Corvette L88 big-block and will also feature the new All Brands Survivor show, where any all-original vehicle over 20 years old qualifies. Tickets purchased in advance are $15 per person for one day, or $40 for a four-day pass. At the gate, $20 for one day and $50 for four, children 13 and under free. www .bloomingtongold.com (IL) ♦ 6-7 Fleetwood Country Cruize In (CAN) www.fleetwoodcountrycruizein.com 6-8 All Ford Nationals (PA) www.carsatcarlisle.com 6-8 56th Annual Glenwood Springs Rallye (CO) www.mgcc.org 7-8 Coppa Intereuropa (ITA) www.gpao.fr 7-8 Greenwich Concours (CT) www.greenwichconcours.com 8 Ault Park Concours (OH) www.cincyconcours.com 8 British Motorcar Gathering (PA) www.keystonemg.com 8 Classy Chassis (TX) www.classychassis.org 8 Philadelphia Classic Italian Car Show (PA) fludelaware.italiancarclub.com 11-15 Triumph Register of America National Meeting (OH) www.triumphregister.com 12-15 Watkins Glen Historic Races (NY) www.vscca.org 13-15 Blackhawk Vintage Classic XVI (IL) www.vscda.org 15 Classic Sportscar Concours (FIN) www.concours.fi 15 Hamptons Concours (NY) kenmotor@gmail.com 15 Rodeo Drive Concours (CA) www.rodeodrive-bh.com 20-22 All GM Nationals (PA) www.carsatcarlisle.com 20-21 Bay Harbor Concours (MI) www.bayharborconcours.com 20-23 Le Belle Macchine D'Italia (PA) www.italiancarsatpocono.com 20-22 VSCCA 50th Anniversary June Tour (MA) www.vscca.org 22 Palo Alto Concours (CA) www.paconcours.com 25-29 MG 2008 (PA) www.mg2008.com 26-28 AACA Central Spring Meet (NE) www.aaca.org Classics battle at the Coppa Intereuropa June 2008 26-29 Bloomington Gold (IL) www.bloomingtongold.com 17 Hugues Mallett

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SCM Contributors STEVE AHLGRIM has been a car guy since he raced his first quarter midget at age 10. A 17-year stint with the former Atlanta Ferrari dealership, FAF Motorcars, gave him the background for a career in the Ferrari business and now he manages a Ferrari parts house, consults on Ferraris, and brokers a few cars. He has been involved in concours judging for more than 20 years and is Chief Judge of the Celebration Exotic Car Festival. To be sure, the Ahlgrims are a Ferrari family; his wife Chris is Membership Services and Advertising Director for the Ferrari Club of America, Steve is Vice President, and their son, Alex, is starting to judge. Ahlgrim has been contributing to SCM for six years, and on p. 46 of this issue he shares his thoughts on the recent sale of a 1988 Ferrari Testarossa. KEN GROSS has been an auto writer for 36 years, and his work has appeared in Playboy (so you can tell your wife it's OK to read), Hemispheres, The Rodder's Journal, Street Rodder, and Hot Rod. He wrote the award-winning TV series, “Behind The Headlights,” and his books in- clude Milestone Hot Rods, The Illustrated BMW Buyer's Guide, and Ferrari 250 GT SWB. His latest effort, Art of the Hot Rod, will be published this fall. He is a former director of the Petersen Automotive Museum and has judged at Pebble Beach for 19 years. Though he still laments the sale of his Ferrari 275 GTB, he is a hot rodder at heart and owns a garage-full of bitchin' old Fords. This month he profiles Edsel Ford's own bitchin' hot rod—our cover car—and you'll find it on p. 60. RAYMOND MILO reckons that nifty automobiles have always been the thing for him. Following the war and his emigration to France, he studied mathematics at the Sorbonne and sculpture at Academie Raymond Duncan, but was more interested in sports cars, girls, and jazz. He came to America in 1956, joined the Chicagoland Sports Car Club, and raced his various British mounts in local races. In the late 1960s, Milo swore off neckties, clearance badges, and working for anyone else, yet managed to get himself into the latest Ferrari for European delivery. In 1989, he discovered a two-sheet publication called the Alfa Romeo Market Letter, and has been a contributor ever since. He is the “CEO and chief sanitation engineer” of BB One Exports, specializing in oddball exotics like Arnolts, Deutsch-Bonnets, and Voisins, the last of which serves this month as a focus for “Uncle Raymond” and his intense scrutiny. It appears on p. 42. MARK WIGGINGTON grew up as a track rat teen at Riverside Raceway and is now the manager of Portland International Raceway, which he considers honest work after 25 years in daily newspapers as both a writer and editor. He has extensive experience in karts, on team timing towers at endurance sports car races, and knows his way around both the press room and the manufacturer's hospitality chalet. When he's not overseeing day to day operations at PIR, he's reviewing books for SCM, and his knowledge of the automotive industry, his familiarity with racing's many forms, his writer's wit, and his editorial eye make him the perfect car guy for the job. Read his take on three titles on p. 130. 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 Richard Hudson-Evans (Europe), Daniel Grunwald, John Clucas (Australia), Chip Lamb, Norm Mort (Canada), Paul Hardiman (Europe), Jérôme Hardy (Europe) 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 John Lamm

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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 What's the red light mean? Tony Quiroga's article on GM Diesels brought back some early childhood memories from 1981 (April, “Have I Got a Smokin' Deal for You…” p. 32). My grandfather was driving a 1977 Oldsmobile Cutlass Supreme Coupe at the time (think metallic blue with yards of crushed blue velour) until one day, for reasons unknown to anyone in the family, he traded in what I considered the most stunning car I'd ever seen for—you guessed it—a Cutlass Diesel Sedan. I remember it clattering up the driveway and lurching to a stop, window sticker still affi xed to the rear windows, thin whitewalls glistening with dealer prep. It was Cotillion White with a tan landau top and tan velour seating in a pattern like wide corduroy. I remember hating it immediately simply because it had two headlights, rather than four, and more selfi shly because I wasn't involved in the purchase. My dislike was short lived when I realized it had all the options: power windows (in the front—in the back there were terrible power vents), power door locks, seats, and mirrors. This car was a leap forward in technology for my family. Until that day, I had been subjected to the manual labor of rolling a window or locking a door, but this car had the magic. And so it was, the new Cutlass seemed a worthy replacement. If nothing else, it had the same painted rally wheels (tan this time, rather than blue), and it defi nitely had ice cold air. I remember asking my fi rst car questions, like why does it have two Delco batteries? Why won't it crank when it's cold? Why is it overheating? What does that red light mean? Why are we stopped at a steakhouse in Lenoir, North Carolina, instead of watching hang gliders at Grand Father mountain like we planned? It blew up on a Sunday morn- ing on the way to church. I was in the back seat, and I recall the sound of the gas pedal being stomped repeatedly in a vain attempt at some sort of foot motion resuscitation. I could sense 20 Running on home brew I enjoyed Tony Quiroga's “Avoidable Classic” article on GM diesels. I had no idea any of them were still on the road, much less collectible in any way. In 1983, I went to work sell- ing for an Oldsmobile dealer. By then he had stopped stocking diesels, except for the occasional Ciera with the 4.3-liter V6, which was a pretty decent little car. I can remember how angry customers would be when you told them what their two-year-old 98 was worth. This was a car for which customers often paid over sticker and waited six months to get, and you had to hit them with the bad news. It got to where I could spot a diesel pull onto the lot; the hood ornaments were different on Olds diesels than on Olds gas-powered cars. If it was a small square hood ornament, I let another salesperson take that one. Another problem we had here It blew up on a Sunday morning on the way to church, and I recall the sound of the gas pedal being stomped repeatedly in a vain attempt at some sort of foot motion resuscitation the steering wheel tightening as its wildebeest heart no longer pumped that essential fl uid of its life—diesel. No loud pop, no bang or explosion; it just crapped out and poured vile fl uids all over the spring jonquils on the side of the road as we stood there in our church clothes. My grandfather demanded a new engine, and it came, but it was never the same. The damage was done. I bought my fi rst diesel in 1994. It was a silver 1983 Mercedes 300D with 158k on the clock. I paid $3,300 at the local Chevy dealer used car lot, and looking now, they're about $2,000 more than that. I learned the diesel rules with the Cutlass. They had been ingrained in my earliest automotive memories: wait for the glow plug light to go out, use the diesel mitt at the Shell, run good oil, etc. I never had a problem with the Benz. It went to my sister when she turned 16, then we passed it to a friend who's clocked 400k miles. My grandfather and I spent hours fi xing little things on the Benz—summer afternoons of his retirement spent tinkering and talking, relishing the tools that his father used, which are now mine, and though he never owned a German car himself, I think he appreciated that someone had gotten the diesel passenger car as much right as GM got it wrong.—Neal Caudle, Atlanta, GA in Oklahoma was that we sold a lot of cars that ended up in rural settings and the oil patch, where people “brewed” their own. That diesel was not nearly as clean as the diesel you bought at the pump, which caused all kinds of problems. And then there was the endless stream of tow trucks bringing in cars after the fi rst really cold morning. Seemed the fuel would jell if the car was sitting outside. A few hours in the warm, toasty service department and everything was okay.—Tom Whiteley, Oklahoma City, OK Stop hating our car I enjoy SCM immensely and am generally disappointed when I fi nish an issue because there is not more to read. For the sake of accuracy, however, I have some things to say about Jérôme Hardy's article on the 1955 Mercedes-Benz 190SL in the April issue (“German Profi le,” p. 52). Hardy says the car had no radio or clock. On a '55, no clock would be correct, as it was offered mid-1956. But the chassis number of the car (1210427502983) says this is a 1957 190SL, not a 1955.

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Ad Index Aston Martin of New England ................91 Automobiles Historiques Limited .........109 Automobilia Monterey ..........................135 Autosport Designs .................................113 Baxter Portland Historic Races ...............67 BB One Exports ....................................119 Beverly Hills Classic Cars ....................101 Bonhams & Butterfields ....................23, 55 Brighton Motorsports ..............................99 Canepa .....................................................71 Cars That Matter ...................................135 Chequered Flag Int'l .............................115 Classic Showcase ..................................117 Concorso Italiano ..................................133 Copley Motorcars Corp. ........................123 Corvette Market ....................................131 Cosdel ...................................................119 County Corvette ......................................93 Davidoff Zino Platinum ........................119 Digit Motorsport ...................................107 Doc's Jags .............................................135 Driver's Source .......................................63 Exotic Car Transport .............................145 Family Classic Cars ..............................113 Fantasy Junction ....................................109 Fourintune Garage Inc ..........................135 Gooding & Company ................................2 Grand Prix Classics ...............................111 Griot's Garage, Inc. .................................35 Grundy Worldwide ..................................65 H&H Auctions ........................................89 Hagerty Insurance Agency, Inc. ..............25 Heacock Classic ...................................121 Hotseat Chassis Inc ...............................145 Hyman .....................................................73 Intercity Lines .........................................39 Italian Car Parts .....................................141 JC Taylor .................................................81 JJ Best Banc & Co ................................139 Joe Sackey Classics .................................49 Kensington Motor Group ........................87 Kidston ....................................................21 Le Belle Macchine d'Italia ......................95 Macneil Automotive ................................79 Meadow Brook Concours d'Elegance ....97 Mecum Auction .......................................75 Meguiar's ................................................33 Mercedes Classic Center .........................43 Miller's Incorporated ............................145 Monticello Motor Club ...........................31 Morris & Welford, LLC ..........................29 Motorcar Portfolio ................................105 Only Oldies LLC .....................................53 Palma Sola Media Inc. ..........................117 Park Place LTD .......................................77 Paul Russell and Company ...................107 Pebble Beach Retro Auto ......................103 Poff Transportation ...............................145 Pontiac ...................................................148 Premier Financial Services ...................147 Putnam Leasing .......................................19 RM Auctions .............................4, 5, 11, 27 Ron Tonkin ............................................115 RPM Motorbooks .................................135 Russo And Steele ....................................14 Silver Auctions ........................................85 Sports Car Shop ....................................117 Spyker of North America LLC ...............83 Swissvax ...............................................125 Symbolic Motor Car Co ............................3 Ulysse Nardin Watches .............................9 Vintage Rallies ......................................111 VintageAutoPosters.com .......................145 Web Steel Sales, Inc. .............................145 Worldwide Group ......................................7 22 Since when is it acceptable to compare a 4-cylinder carwith a 6-cylinder car with over twice the horsepower? Therefore, the lack of a clock is a problem. Either because there is an empty hole in the glove box or the glove box has been changed for an earlier style with no hole for the clock. He writes “An optional Judson supercharger was available (but the engine was not strong enough and bearings failed quickly).” The Judson supercharger was an aftermarket item, not a factory option, sold by the Judson Brothers of Conshohocken, Pennsylvania. The bottom end of the 190SL engine (crankshaft, connecting rods, etc.) utilizes diesel parts with diesel casting numbers. The only way to destroy the bearings in a 190SL in less than 150,000 miles is to run the engine without oil. The Judson supercharger, on the other hand, suffers from a design flaw that does not distribute fuel evenly. He writes, “The 300SL coupe and 300SL roadster are icons, heading fast for the million-dollar mark…. Part of the reason they are prohibitively expensive may be that their performance is still real world… while the dumpy 190SL is much more of a Sunday cruiser.” Continuing to compare the 190SL to the 300SL does no one any good. The 300SL was derived from a race car, has over twice the horsepower of the 190SL, no insulation, limited ability to carry luggage, etc. As the former owner of both a 300SL coupe and roadster, and as the current owner of two 190SLs, I must say you can't compare the 190SL and 300SL, either directly or by value. Since when is it acceptable to compare a 4-cylinder car with a 6-cylinder car with over twice the horsepower? He writes “The 300SL… and Stirling Moss's outright win in a race-prepped SLR… is still the stuff of legend. The fuel-injected 215-horsepower engine could propel the car past 140 mph, while the 190SL wheezes into the 90s on a good day.” Come on, guys. You are comparing a race car to a production car. What part of that sounds reasonable? Besides, you are mixing up 300SLs. The 300SLR was based on the W196 race car, not the 300SL road car. The 300SLR used an advanced 8-cylinder engine that produced over 300 hp and featured desmodromic valves. The production 300SL had a least two horsepower ratings. The 215-hp quoted is actually a DIN spec; if you use SAE specs, the power would be up to 250, depending on the camshaft installed. Once again, not a fair comparison to the 190SL, which was lucky to squeeze out 100 hp. He writes, “Compared to the extraordinary 300SL, the 190SL was just plain dull.” About 3,200 of the 300SLs were produced, compared to well over 25,000 of the 190SL. The “dull” 190SL outsold the 300SL for many reasons, but most notably because of the 300SL's high price—about $1,000 more than a 1955 Cadillac Eldorado. How about comparing the 190SL to cars in its price range? “Dull” is not a fair comment or a term that conveys any information. At least Hardy acknowledges that “beauty is in the eye of the beholder,” but only after too many comments on the visual appearance of the 190SL. Last, but not least, is the almost continuous use of the label “slow” when SCM writes any copy about the 190SL. When compared to similar cars, it was neither slow nor fast. A look at the 0–30 mph acceleration times of period cars shows that the MG A, Porsche 1600, Sunbeam Alpine, and 190SL are all separated by .7 second, with the 190SL falling behind the Porsche. Sports Car Market

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You Write We Read In 0–60 mph times, there is the same .7 second of separation, but the 190SL is quicker than the Porsche. At the end of the quarter mile, the Porsche posts a 19.3 to the 190SL's 20.1. Not bad for a car that can carry three people and their luggage. I have yet to see written in SCM that the Porsche 1600 is slow, but mention the 190SL, and you write like it can barely get out of its own way. All I ask is that you compare the 190SL fairly with its contemporaries. Finally, with regard to the car's selling price, private sales of concours quality 190SLs have been topping $100k for years. The first 190SL I know of to break the $100k mark was sold about 15 years ago, and I personally sold a 190SL for $60k about 13 years ago. A 190SL selling for over $100k is not uncommon; it is just not common knowledge outside the 190SL community.— Will Samples, Dallas, TX Jérôme Hardy responds: Thank you for your letter, Will. It is always good to exchange with passionate drivers about their favorite model. And you are correct; the chassis number is for a 1957 model, although the car was described by Artcurial as a '55 and the official registration papers states it is a '52. Looking back at my dash- board pictures of this car, the clock is definitely not there, so I would conclude the glovebox was changed out at one point or another. I cannot speak to why such an omission was made during the car's restoration by a marque specialist in the Netherlands. Comparing the 300SL and the 190SL is obviously challenging, as these cars are different breeds, but it was MercedesBenz's own plan to give the cars similar visual clues and to launch them simultaneously. This was an example of the now-familiar marketing scheme whereby the flagship pulls along sales of the less potent and less expensive automobile. It paid huge dividends, as the 190SL was a sales success. That being said, the performance of the 190SL could be described as “dull” when compared to the 300SL. Contemporary models in both that price range and in the grand 24 tourer philosophy include the more powerful Jaguar XK 140, but also the “lazy” 1959 Alfa Romeo 2000. I feel the Porsche 1600 and MG A are more sports cars than tourers and so less comparable. But do these performance comparisons even matter today? The 190SL is a gorgeous looking car; it is extremely well built and comfortable, and this is what potential buyers should be happy to pay for. Analyzing the SCM Platinum database from May 2001 to December 2007, 50 190SLs of all conditions sold for a total of $1,860,000. This gives us an average price of $37,200. The Artcurial estimate for the profiled car was $67,000–$82,000, which aligned with the market on the European side of the Atlantic. This car reached $94,000, which makes it one of the biggest sellers at public auction, topped only by another car sold a year ago in France. No doubt the 190SL is on the move, so let's see what the future holds. A model letter As a long-time fan of SCM, as well as the models hand-built by Marshall Buck, I was very disappointed to see so many factual errors in his review of the 1970 McLaren M8D CanAm car by GMP Diecast in the April issue (“In Miniature,” p. 26). Before I even read the article, my first question is why Marshall would even take the time to review a model that has been out of production for almost five years? This car has long been sold out and will not be reproduced. To not state that may mislead your readers to believe otherwise. He mistakenly says the car was “mass-produced,” but it was not. It was a limited-production diecast and each one is serialized. He goes on to say, “Having searched through my photo archives and a dozen books on the subject, I cannot find any car that this model is supposed to replicate.” Buck therefore concludes—in error—“the model is not historically accurate.” It's puzzling why he would write that when real photos of the car in action and the complete story appear all over the box. There is even a separate photo of the car with Dan Gurney included with each model. This car won two races in 1970 and was a contender to win the championship. In his book, McLaren Sports Racing Cars, Dave Friedman spends an entire chapter describing the season and the historic significance of this very car. Lastly, Buck writes the car is a “ten-footer” and that “one can see the lines between artistic license and gross inaccuracy have been blurred… a lot.” This seems awfully inappropriate, and diecast collectors did not share his opinion when this model was released, nor as I write this. When introduced, this series was a huge success, received very positive reviews, and when combined with the reprint of the Dan Gurney photo, was certainly an excellent value for only $80. Fast forward to today and Mr. Buck claims these can be found on eBay for $80–$150. That's pretty strong money, and while it may be true for some examples, this particular car was at a high bid of $245 the day I read the review. All of which speaks to the quality, attention to detail, accuracy, historical significance, and overall value of a model that sold new for just $80. I'm well aware, as are diecast collectors, that diecast technology has improved dramatically in the last five years and that even greater detail is now available. But in all fairness, you're not reviewing a modern-day, $10,000, Marshall Buck-handbuilt model. We're talking about a five-year-old, $80 model, and to not review the car in a proper context seems grossly unfair to this particular model, to GMP, and to your readers.—Tom Long, President, GMP Diecast

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You Write We Read Marshall Buck responds: Thanks for your letter, Tom. Please know that I pride myself on my thorough research and extensive knowledge of the model industry, regardless of whether the model in question is mass produced, from a kit, hand built, or a one-of-a-kind scratch-built. I have always reviewed a range of models perfectly suited to the varied tastes of the SCM readership, which follows the same vein as SCM does in covering the auctions it does, as well as the types of cars it profiles. As collectibility is the magazine's focus, it would be short-sighted and a disservice to readers to only review new releases. So much would be missed. However, to address this exact point, I will add a “production dates” category to the details box in the future. I stand by my claim that the model was mass-produced. That is the realm to which diecast production models have always been relegated. Generally speaking, if a company is making diecast models, then it doesn't have any choice but to mass-produce in order to meet any realistic price point. Diecast tooling and production is designed to make vast quantities of anything. Per the hang tag GMP enclosed with my M8D model, there were 2,304 of the specific Dan Gurney M8D made, plus however many were made of the almost identical Denny Hulme car, as well as some shared tooling with the M8A and M8B variants. Even though each GMP model might be individually numbered and not produced in numbers as large as those from some other companies, it is difficult to consider a model made in these numbers “limited.” In my experience, editions generally stop being truly limited after 500, regardless of whether they are numbered individually. I believe I concluded nothing in error when I said the model is not historically accurate, and I do not think it correctly replicates the car GMP was trying to model. I read the story on the box, and it gave no indication of which car GMP was representing. The Anyone who was even vaguely interested in paying real money for the car knewthe details of what was original and what was Memorex photos on the box and the one enclosed in it are all of the M8D that Gurney raced at St. Jovite, which is not a proper match to either M8D model GMP made. Gurney only ran in three races that season, and the bodywork is incorrect for the first two races, so I would conclude this M8D is supposed to be the Watkins Glen car. But it is missing the extra “Gurney” roll bar hoop to accommodate his height, as well as the third mirror he had mounted on the windscreen, which were always on the M8Ds he raced and are shown in all the photos, including GMP's. All variants of GMP McLarens can still be found on eBay for $80–$150. Sometimes they bring more, sometimes less, though anomalies both low and high are never a good means by which to judge an item's value. This has been covered in SCM by those with far more auction experience than I. In the end, I maintain that the GMP McLarens are attractive models, and attractively priced. They simply aren't as accurate as they could be. Body issues Thor Thorson's article on the Glöckler-Porsche mentioned that it was restored by Tempero Restorations of New Zealand (April, “Race Profile,” p. 60). Wasn't this car completely rebodied by Tempero? Why was this information left out of your article?—Eric Meyer, San Luis Obispo Thor Thorson responds: Thanks for your letter, Eric. The car was thoroughly restored by Tempero, and some sheetmetal was replaced, but it was not fully rebodied. In fact, the new owner now has not only the car, but all the old parts and old metal as well, should he wish to reincorporate those bits in the future. This car had the provenance and chain of ownership that established its right to the history and chassis number, and anyone who was even vaguely interested in paying real money for the car knew the details of what was original and what was Memorex. That's what I was talking about when I mentioned “newcomer commercial developers from Tulsa” not being players. This was a car for the pros. The point of the article was that the car is valuable strictly because of its history as “the first” racing Porsche, not as a usable car. If you want that bookend for your collection, you decide what it's worth to have it. In this case, it was $616k. Clarifications On p. 110 of the April issue, in our coverage of the Russo and Steele Scottsdale sale, we incorrectly labeled lot S694, a 1959 Jaguar XK 150S, as a drophead coupe. It is a roadster. In the May issue, in our p. 76 introduction to the Bonhams Automobiles d'Exception à Rétromobile, we stated that lot 155, the 1928 Mercedes-Benz S-type roadster, was sold post-block. According to a representative from Bonhams who contacted SCM, the car did in fact sell on the block at $3,360,375. In our May table of contents, we incorrectly stated the years of Paul Frère's life. The span was 1917 to 2008. SCM regrets the error. ♦ 26 Charles Bronson

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Stuff Neat by Brendan Floyd WHAT YOU NEED AND HOW TO GET IT Rolling in Style Add some class to your classic with a set of wire rims. After a ten-year absence, new and improved Truespoke wire wheels are back in production. These hand-built wheels have been re-engineered for improved ride quality and load rating and can be ordered in sizes from 13 inches to 17 inches, or even larger on special order, with custom widths and offsets available. Features include a direct-bolt pattern and 50 chrome steel spokes, and optional stainless steel spokes and nipples can be ordered in standard, reversed, or lip-lace styles. All Truespokes carry a three-year limited warranty. Roll over to www .truespoke.net; prices start at $1,700. Caught in the Act Need to document a grudge match at the racetrack? Or maybe you want to take a potential buyer on a virtual test drive in your vintage Aston Martin. Whatever the case may be, the new Motorsports HERO Video Camera by GoPro has you covered. This shockproof/waterproof camera is the world's smallest wireless camera and features attachment accessories for easy interior and exterior mounting on any vehicle. The HERO can record up to 56 minutes of video to a 2GB SD card (not included) and requires two AAA batteries (lithium recommended). So if you're tired of lugging your clunky camcorder and watching its nausea-inducing video, head over to www.goprocamera.com. This mini-camera comes at a miniprice, $180. Décor for Dummies Car guys' sense of home décor leaves a bit to be desired, and when your significant other feels the need to alter the living room's feng shui with a cushion or vase, you bolt to the garage and turn some wrenches. But with these photo throws, you can now tastefully contribute on redecorating day. This package contains instructions for submitting your photo to create a custom full-color or black-and-white throw. The design on these 100% cotton 50″ x 60″ throws is woven, not printed on. Your image doesn't have to be automotive, but it's hard to imagine anything looking better than your prized collectible gracing the entry hall, right? Check out www.fourth-gear-ltd.com; these custom throws will set you back $100. 28 Sports Car Market

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Morris & Welford, llc INTERNATIONAL SPECIALIST HISTORIC CAR CONSULTANTS & BROKERS 1957 Alfa Romeo Giulietta Sprint Veloce Lightweight Chassis Number AR 1493.04067 was supplied new in March 1957 through the main Alfa agent in Stockholm, Bonniers Bilakbiebolac, to H.K.H. Prins Vilhelm of the Swedish Royal Family. Always blue from new, the car is superbly unmolested and original, matching numbers and with intriguing extra features. These great little cars are a treat to drive and as entertaining on the track or in road rallies. This one is a time-warp survivor and highly recommended. OTHER CARS AVAILABLE 1911 Stanley Steamer 10hp Model 63 Touring 1924 Bentley 3 Litre Red Label Speed Model 1954 Jaguar XK120 Roadster 1958 Porsche 356A 1600S ‘Carrera Spec' 1961 Cooper-Monaco MkIII Buick 1965 Ferrari 275 GTB ‘Short Nose' 1968 Ford GT40 Mk III Please Contact Miles Morris Connecticut Tel: 203 222 3862 Fax: 203 222 3863 Cell: 203 722 3333 E-mail: miles@morrisandwelford.com Mark Donaldson Hampshire, UK Tel: 01252 845818 Fax: 01252 845974 Mobile: 07901 712255 E-mail: mark@morrisandwelford.co.uk www.morrisandwelford.com Malcolm Welford California Tel: 714 434 8562 Fax: 714 434 8155 Cell: 949 500 0585 E-mail: malcolm@morrisandwelford.com

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In Miniature Marshall Buck A Daytona You Can Still Afford This is a beautiful model, and it well represents the real thing, though purists will likely have mixed feelings 1959 AMC Metropolitan 1500 The AMC Metropolitan has always Details Production: 2003–on, 2,500 each of 2-color Conv. & Coupe; 2004–on, 1,500 each of black & white Conv. & Coupe Ratings: 1971 Ferrari 365 GTB/4 Daytona Competizione The Ferrari Daytona was and still Details Production: 2007–on, 3,500 exclusively for Minichamps Distribution Ratings: Overall Quality: Authenticity: Overall Value: ½ ½ Web: www.kyoshousa.com is one of the iconic cars of the early 1970s. This car, s/n 14141, in 1:18 scale by Kyosho, is modeled as it ran in the 24 Hours of Daytona in 1973, where it finished 2nd overall. It is a great-looking model, though not without its flaws. While overall detail is not great—nor completely historically accurate—it is very good. To get true authenticity in some of the details, you would of course have to pay more. In others, well, I'll just go by my usual mantra: “They should spend some time and/or money on a little more research.” That said, what we have here is a damn fine model with per- fectly applied and polished paint and graphics on a superb body shape. All the panels open and fit with precision. The interior is close to correct, but the seats most likely are not and the bezels around the dash gauges are wrong, as they should be black and not chrome. Engine detail is decent, but the valve covers have been painted red, which is a mistake. Kyosho has gone to the extent of adding crystal-clear windows with crisp window trim, which is a bit of a letdown; instead of having a chrome finish, the trim is painted silver. This is a beautiful model, and it well represents the real thing, though purists will likely have mixed feelings. Kyosho offers several other Competizione variants, which are all produced to the same standard. Reasonably priced at about $115. Available from Motorsports Miniatures, 800.249.3763; www.motorsportsminiatures.com. Overall Quality: Authenticity: Overall Value: Web: www.ffert13.com reminded me of a comic book car come to life. They are nothing short of charming, and I'd even go as far as to call them cute. This one was produced a few years ago in 1:18 scale by Die Cast Promotions under their Highway 61 label. It was originally offered in several colors and variations, including hard top versions, a Yellow Taxi, and a police car. The Met has been modeled by other companies in 1:24 and 1:43 scales, but given the choice, you should go with this H-61 piece. Highway 61 has done a commendable job with this and included a surprising amount of detail, too. Overall, the proportions are excellent, and I am partial to the two-tone turquoise over cream color combination. Lift off the top or open the doors and you'll see a well-replicated classic Metro houndstooth pattern on the tilting front seats and the folding rears. Interior detailing is good and features movable sun visors and an opening glovebox and vent windows. Open the hood and you'll find a nicely detailed Austin 4-cylinder engine and working prop rods. The carpeted trunk contains a jack and tools. The spare is mounted outside, Continental-style. The suspension works, the wheels turn, and the antenna raises and lowers. They've pretty much covered the exterior with all the right separate details, down to painting the wiper blades and rubber gasket around the windshield. The chassis is well detailed and paint finish is great. The taxi and police car are still in production, and dealers may still have these in stock. Coupled with eBay, you're sure to turn one up. Like the real car, it is economically priced from $25 to $50. 1960 Jaguar Mk II I have always been a Jaguar fan, likely the result of riding in my father's '61 Mk IX sedan when I was a tod- dler. I can't remember what I did yesterday, but I certainly remember that Jag. The 1960 Mk II is another favorite. It has been modeled countless times in 1:43 and 1:24 scales by several Details Production: companies, but it deserves better than the sausage factory production job that Maisto has done here in 1:18 scale. This piece happens to be a repackaged and relabeled Bburago item. Neither company is known for quality or thorough detail. There are, however, four good things to say about this model, as offered by both manufacturers: 1. It is a good size piece. 2. The overall shape is very good. 3. There are a few color choices. 4. All doors open, as well as the trunk and hood. The list of gripes would fill another page. But if you're looking for a cheap Jag 1997–2006, several thousand by Maisto; 2008–on, several thousand by Bburago Ratings: Overall Quality: Authenticity: ½ Overall Value: Web: www.maisto.com to display from a distance, this will do the job. It's currently in production, and many dealers carry them, with prices ranging from about $25 to $40. 30 Sports Car Market

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Icons Tonneaus, Diehard, and VW Advertisements “Comes With Three Tops” Tonneaus add raffish charm when covering the empty passenger seat, but they also trap engine heat by Rob Sass DDB Volkswagen Ads Fans of the Golden Globe-winning cable series “Mad Men” can imagine the circumstances under which this series of 1959 Volkswagen ads were created. Sparse and always in black and white, the most famous one consisted of the headline “Think Small” with a very tiny VW Beetle in the upper left-hand corner, gobs of white space, and some copy. Others had the headlines “Lemon” (referring to an otherwise fi nelooking Beetle that allegedly didn't make the quality control cut for a seemingly trivial reason) or “Ugly.” The campaign won its creator Doyle, Dane, and Bernbach, the honor of the Number One Campaign of All Time from Ad Age. Originals of these iconic 20th century ads are common on eBay at around $6.95 each. www.ebay.com. Tonneau Covers The word tonneau comes from the DieHard Batteries It's hard for any Boomer to forget the Sears DieHard commercials involving encasing a battery in six inches of ice, leaving it outside in sub-zero weather in Alaska, and then starting the car. But the advertising worked. At one time, DieHard was one of the most revered and valued brands in America. The lifetime warranty once offered didn't hurt either. As sponsors of numerous motorsports events and race teams, DieHard was the gold standard (until sealed batteries from Exide and Optima came out in the 1990s). Conventional DieHards are still available from Sears, starting at around $79.95, www.sears.com. French word that can be approximately translated as “cover” or “container,” not, as some might surmise, “useless” or “redundant.” Tonneaus as near as I can ascertain add little in the way of theft deterrence or protection of a parked car from a sudden cloudburst. And although they add a certain raffi sh charm when driving your Healey, Triumph, or MG solo with the tonneau in place over the passenger seat, they also act as a convection oven, trapping even more engine compartment heat. In ads, the phrase “comes with three tops” always refers to a soft top, a hard top, and a tonneau. Generally secured in place by diabolical little fasteners like Lift-a-Dots and Tenexes, they still remain popular and soughtafter items. Moss Motors stocks a full line of them for British cars from about $295. www.mossmotors.com. 32 Sports Car Market

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SCM Our Cars This Boxer Coulda Been A Contenda UC Bank had become the only bank to commission and own a Ferrari race car 1959/61 MG A Owner: Gary Anderson, Contributing Editor Purchase date: October 15, 2000 Price: $25,000 Mileage since purchase: On which part? Recent work: New head Three years ago, I took my 1961 MG A in for a clutch repair. When the mechanic was road-testing it on a back road, he swerved to miss a deer, and totaled the car. Fortunately, the car was insured for street use, and he was an honest guy as well as a good race car builder. Using the insurance money to buy a donor 1959 MG A body and new parts, he built me a terrific new car around the 1961 drivetrain. As I explained on the entry documentation for last year's Monterey Historics, in the best traditions of club race cars, the only parts that remain of this MG A race car are the driver's seat, the limited-slip differential, and the steering wheel. In the course of the past seven years, everything else has been replaced. My experience at the Historics led to the most recent work, the replacement of the head after the engine—a new one I had built last summer—twice blew its head gasket. As I learned later, the problem was not in the head, but rather in a rev limiter that was altering the advance at high rpm. I decided to replace the Derrington crossflow head—a period performance accessory that came with the car when I bought it—with a stock MG head, which will assure the car is vintage-legal for all events. This past weekend I participated in the 2008 MG Reunion at Mazda Raceway Laguna Seca, organized by the MG Vintage Racing Association. I'm pleased to say that my new/old, 1959/1961 club racer managed to hold its own with some of the best MG As in the country, so I'm looking forward to—knock on wooden cockpit rails—a successful 2008 racing season. 1974 Ferrari 365 GT4/BB Owner: Mike Sheehan, Contributing Editor Purchase date: December 2007 Price: $250,000 Mileage since purchase: 0 Recent work: Full cosmetic and mechanical restoration in process In 1974, 365 BB s/n 17577 was sold new as a standard production Boxer through Jacques Swaters in Belgium. In 1980, it was imported into California, but the car's owner ran into financial difficulties, and 17577 was repossessed by United California Bank. As per notice from U.S. Customs, the BB was sentenced to death by the crusher. The bank had to do something with the car in order to save its own money, and the only way out was to turn the BB into a race car under customs exemption laws. In a frantic bid to beat the customs deadline, the car was prepped for the IMSA GTX class. All the road-going equipment was ripped out, a cage was added, the brakes and suspension were tweaked, and a high-compression dry-sump race engine was built. This was enough to convince customs that 17577 was now a race car; UC Bank had become the only bank to commission and own a Ferrari race car. UC Bank sold the car in 1982, and it was modified further, with Porsche 935K3-style front and rear body panels, brakes and wheels, and a big rear wing. The car didn't make Daytona, but did practice at Riverside in April for the 6-Hour IMSA race. A blown engine put an end to things quickly, and it failed to start. I bought the car at that point to run in Ferrari Club track events. I even used it as an outrageous road car until the attention of the local law enforcement officers persuaded me that something a little less obvious would be an advantage. I sold it instead, and John Mecom Jr. drove it to high school, because you can do that in Texas. It found me again late last year, in need of the mother of all restorations, which has begun. I hope to have it race-ready and on the track by the end of the year. 34 1976 Porsche 912E Owner: Rob Sass,VP Business Development Purchase date: February 2007 Price: $6,850 Mileage since purchase: 3,000 Recent work: A new coil The 912E I initially bought as a flipper has instead become a keeper. The reason is simple—it works better than anything I could replace it with for the same money. In spite of Publisher Martin's frequent “neutered 911” taunts, I share his mirth when it comes to the professional 912 apologists who point to its “supple ride and slightly better balanced handling” as proof that it's “just as good as a 911.” Comparing the two is folly. On the other hand, its 0–60 time of 9.7 seconds and 115 mph top speed are miles better than an MG B GT and about on par with a BMW 2002tii and Alfa Romeo 2000 GTV. At $6,850, I'd have been hard pressed to find a good early B GT, and good GTVs and 2002tiis haven't been available at that price for a long time. In build quality, the Porsche is miles ahead, and its fully galvanized body will likely remain rust-free. And although not particularly collect- ible, several good 912Es have recently sold on eBay for more than their original $11,000 list price, odd since that is near the entry level for a 911SC. My theory is this: While SCs are generally long-lived and not troublesome, the plummeting dollar has raised the price of a rebuild to $15,000 to $18,000. In my case, however small, it's not a risk I'm willing to assume for a non-appreciating car. The 912E will set me back $1,800–$2,500 at rebuild time, which is probably coming up in the next 10,000 miles. Will I do it? Hell yes; I'll be far from under water, nothing else has gone wrong, and the car returns 23–30 mpg on 87 octane gas. (Editor's note: We at SCM have found that Sass's emphatic, “Hell yes, I'll rebuild it!” attitude, along with the implied “And keep it forever,” is likely to last until the next something-or-other turns up on Craigslist.) Sports Car Market

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Affordable Classic Nash Metropolitan Nash's “Mini Me” for '53 Princess Margaret received one as a wedding gift for her 1960 marriage to Antony Armstrong-Jones, but it was stolen by Rob Sass T he American automotive scene is littered with the carcasses of small cars that U.S. manufacturers tried to foist on a largely unwilling and disintere market. American Bantam, Playboy, Crosley and N with the Metropolitan all tried, with varying degrees of suc cess. But in the end, the American market's love for large car would always prove too strong. But in the early 1950s, with the postwar import fad full swing, the unconventional Nash-Kelvinator corporation believed there was a market for a small car that was back by a well-known name and dealer network. Austin Mo Company in Birmingham, England, contracted to bu the Metropolitan for Nash in what may have been the fi “captive import” sold on a large scale by a major Americ manufacturer. ked When production began for the 1953 model year, the c was known by the awkward moniker “NKI Custom” for “Nash-Kelvinator International.” This was quickly changed to “Metropolitan”; however, a few slipped through with the NKI badge. With the exception of unit construction, the car's engineering was quite conventional and shared the 1,200-cc engine and 3-speed transmission of the Austin A40. Built on a tiny 85˝ wheelbase, and initially without even an externally opening trunk, the Metropolitan was smaller than a VW Beetle. Not a bare-bones small car The Metropolitan, however, was not positioned as a bare-bones small car, but closer to the “premium” small cars of today like the Mini Cooper and Audi A3. All Metropolitans came equipped with radios and heaters and nicely fi nished interiors. Continental kits, wide whitewalls, and two-tone paint schemes mimicked the standard-sized cars of the day. A coupe and a convertible were offered—shrunken versions of Pininfarina's 1952 full-sized Nashes. The design would outlast the parent company's use of it by almost ten years. Series II cars boasted some minor Details Years produced: 1954–62 Number produced: 108,000 Original list price: $1,469 Tune-up cost: $200 Distributor cap: $23.75 Chassis #: In engine compartment Engine #: Left side of engine block Club: Nash Car Club of America 1N274 Prairie, Glen Ellyn, IL 60137 More: www.nashmet.com Alternatives: 1959–67 Triumph Herald, 1956–71 Morris Minor, 1956–75 Fiat 500 SCM Investment Grade: D 36 specifi cation changes; Series III cars from late 1956 on had 1,500cc engines from the Austin A50, and the Series IV of 1959 fi nally brought the practicality of an externally opening trunk lid. Most early Metropolitans were badged as Nashes, although Hudson dealers sold them under their brand as well. When both of these brands expired in the 1958 model year, the cars were known simply as “Metropolitans,” which is how the majority were sold. A relatively small number of Metropolitans were sold in RHD form in the U.K., where their atrocious handling proved a huge liability on winding English roads. Princess Margaret received one as a wedding gift after her 1960 marriage to Antony ArmstrongJones. The car fared little better than the marriage—it was stolen less than a year later. Metropolitans had a decent run of sales, especially around the recession of 1958–59 and the Suez crisis. At one point, they trailed only the VW Beetle in import sales. But by the return of prosperity in 1961, sales had trailed off precipitously. Coupe production ended in 1959, while convertible production ended in April of 1961, but there were enough units on hand for sales to continue until 1962, with the stragglers titled as '62s. Defi nitely no sporting pretensions Dynamically, Metropolitans are at best lackluster. In spite of their size, they had no sporting pretensions. The very short wheelbase and soft springs endowed the car with a somewhat bouncy ride. Handling was largely Sports Car Market

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theoretical, with extreme body roll and a lack of maneuverability, the result of bodywork that enveloped all four wheels and gave the impression that they were huddled together out of sight. Even with the 1,500-cc engines, performance was less than sparkling, particularly with a dismal, wideratio 3-speed transmission. In fact, they are quite hopeless in today's traffic as anything more than a suburban ice cream-getter. Forget taking one on a freeway. Metropolitans are reasonably robust mechanically, about like an Austin-Healey Sprite. Like most cars of the day, they are also seriously rust-prone, a significant concern for a monocoque car, especially one that has to be jacked up high to change wheels. Some reproduction sheet metal and a good number of other trim parts are being reproduced, and some NOS items are still around. Kip Motor Company in Dallas stocks a large assortment of parts (www.kipmotor.com). Mechanical parts are generally not problematic. As a collector car, Metropolitans are neither fish nor fowl. Not really embraced by the microcar crowd, they are certainly not sports cars either. Nor are they particularly rare. What they are is all kinds of cute. And that's good enough for the average Metropolitan owner. In period “Easter egg” colors like white and turquoise, white and salmon, and white and lemon yellow, they are generally huge attention-getters. Convertibles bring a bit of a premium over coupes, as 20-Year Picture Jimmy Buffett's Metropolitan one would expect, though neither generally brings huge money. Prices in the high teens seem about the end of the world, and even Jimmy Buffett's own convertible sold for only $19,250 at RM's Ft. Lauderdale auction this past February. It's doubtful Metro prices will change any time soon. There are too many cars around for too few takers, especially considering their limited usefulness. ♦ 1954–62 Nash Metropolitan $20,000 1953–57 Volkwagen Beetle Sedan 1949–60 Morris Minor Sedan $15,000 $10,000 $5,000 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 June 2008 37

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Legal Files John Draneas He Won the Bid, Not the BMW If you've been tracking the legal analysis, you probably think the buyer is going to get the BMW. Sorry, you're mistaken about that B MW's new M3 sport sedan offers very impressive performance in an appealing package. At an MSRP of approximately $70,000, they fly out of dealers' showrooms, and there have been reports of dealers selling them at $30,000 over MSRP. So a BMW dealer apparently tried to cut a fat hog by offering a heavily optioned new M3 on eBay on a socalled “no-reserve basis” with a $60,000 starting bid. Of course, a sale isn't truly “no reserve” if an opening bid is set, as was the case here. However, the seller made it clear that the first bid of $60,000 or above would be enough to own the car. Our bidder figured he couldn't go wrong, so he bid $61,000, and eBay dutifully recorded his $60,000 opening bid. A week later, he ended up as surprised as anyone that his was the only bid in the auction. About 15 minutes after the end of the auction, the bidder claims the dealer called about the “mistake,” and apologized that the “deal” was not going to be honored. The bidder's suggestion that litigation might ensue was reportedly met with laughter. After all, how could this guy hope to battle a multi-billion dollar company? Gotta love the Internet You might expect our bidder to get legal representa- tion at this point, but that would cost money. Instead, he posts to an M3 web site asking all of the “experts” to chime in with their advice The blog even added a reader poll, asking readers who they thought would win. “Legal Files” couldn't resist, and cast its vote in order to see the results. Only 9% of the voters thought the buyer would lose. A whopping 56% thought there was no doubt the buyer would win. A relatively meager 35% were astute enough to think the result would “depend,” and that perhaps the buyer ought to get a lawyer. What is wrong with 65% of these people? There is absolutely no doubt the correct answer is “it depends,” as all we have is the buyer's side of the story. Who knows what the dealer's version of the story is going to be? And given that the dealer has already laughed at the threat of litigation, who in their right mind would think this buyer is actually going to buy this car for $60,000 without a lawyer's help? Contract Law 101 Under the law, a contract results when a party makes an offer that is accepted by the other party. Listing this car on eBay constitutes the offer. In a “no reserve” format, the seller has committed to sell the car for the highest bid, no matter how low it might be. The offer is accepted simply by making the highest bid at the close of the auction. This seller's listing was very extensive. It gave enor- mous detail about the car and contained 50 photographs of the M3. An offeror is legally entitled to impose conditions on the offer, which this one did: 38 “We're sellin' to the highest bidder... sorta” • They would not sell the car to someone who intended to export it. • Since the car was in their inventory, they reserved the right to cancel the auction if the car was sold locally. • They reserved the right to cancel any bid at any time for any reason. Neither of the first two conditions came up here. Analyzing the third is a little trickier. In the listing, it was included in the paragraph that dealt with the “no export” restriction, which would very likely limit its meaning to situations dealing with the “no export” statement. Also, the dealer did not sell the car to someone else, nor did they “cancel” the bid in time. So once the auction closed, the bid became a contract, and it became too late to cancel the bid. eBay rules Several posts to the web site suggested the dealer was in violation of eBay rules and filing a complaint with eBay should resolve the problem. But just what can eBay do here? They can't force the seller to deliver the car, and canceling the seller's eBay rights may not be much of a penalty, especially when a new account can be created under another name quite easily. Nonetheless, the eBay rules do serve a useful purpose. Since the seller agreed to them when he registered as an eBay user, they do act as a portion of the contract between the seller and the buyer. That adds teeth to the buyer's legal claims, as it appears fairly clear the seller violated these rules, at least if the buyer's version of the facts is correct. Tough to claim “mistake” The seller will likely have a very tough time with its claim that there was a “mis- take.” Under the law, either party to a contract can rescind it if there was a mutual mistake as to a material term of the contract. Say, for example, the buyer thought it was U.S. dollars, the seller Canadian—clear grounds to rescind the contract. But rescission is generally not available where there is a unilateral (one party only) mistake—for example, the buyer believes that delivery is included in the deal when the listing doesn't say anything about it—unless one actually knows that the other is acting by mistake. But in this case, what would the “mistake” have been? Assuming that someone Sports Car Market

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would bid more? Listing the car for auction in the fi rst place? Looking back, both of those decisions sure turned out to be mistakes, but those aren't the kind of mistakes that would allow the seller to back out of the deal. So who gets the car? If you've been tracking the legal analysis, you probably think the buyer is going to get the BMW. Sorry, you're mistaken about that. Based on the buyer's version of the story, it seems pretty certain that he would win a lawsuit, and the dealer would be found to have breached the auction contract. But there are two ways the court could select the most appropriate remedy—force the dealer to sell this particular car to the buyer at the bid price, which the law refers to as specifi c performance, or simply award money damages to the buyer. Specifi c performance is generally awarded only when money damages are inadequate to remedy the breach. That usually comes up when the subject of the contract is unique and there is no equivalent substitute. For example, real estate is always considered to be unique because each property has its own individual haracteristics and location, and it's ear impossible to fi nd another one hat is exactly the same. But no matter how hard it might e to fi nd a new M3, it is just another roduction car, and the factory can asily build another one exactly like his one. Consequently, it is highly nlikely that any court would order he dealer to sell this particular M3 o t o his particular buyer. Rather, the buyer will have to o fi nd another equivalent M3 and uy it. The buyer can then recover amages equal to what M3 costs him less the $60,000 bid. For example, ld bid more? Listing the car for auction in the fi rst place? Looking back, both of those decisions sure turned out to be mistakes, but those aren't the kind of mistakes that would allow the seller to back out of the deal. So who gets the car? If you've been tracking the legal analysis, you probably think the buyer is going to get the BMW. Sorry, you're mistaken about that. Based on the buyer's version of the story, it seems pretty certain that he would win a lawsuit, and the dealer would be found to have breached the auction contract. But there are two ways the court could select the most appropriate rem- edy—force the dealer to sell this particular car to the buyer at the bid price, which the law refers to as specifi c performance, or simply award money damages to the buyer. Specifi c performance is generally awarded only when money damages are inadequate to remedy the breach. That usually comes up when the subject of the contract is unique and there is no equivalent substitute. For example, real estate is always considered to be unique because each property has its own individual haracteristics and location, and it's ear impossible to fi nd another one hat is exactly the same. But no matter how hard it might e to fi nd a new M3, it is just another roduction car, and the factory can asily build another one exactly like his one. Consequently, it is highly nlikely that any court would order he dealer to sell this particular M3 o t o his particular buyer. Rather, the buyer will have to o fi nd another equivalent M3 and uy it. The buyer can then recover amages equal to what M3 costs him less the $60,000 bid. For example, the the other if he has to pay the 70,000 MSRP, he could recover 10,000. But if he fi nds another one or $61,000, then his damages are nly $1,000. And, once again, legal fees will be an important component here. Unless applicable state law provides for the recovery of attorney fees in such a case, which would be unusual, the buyer will be out of pocket for his attorney fees, win or lose. That could make a relatively slam-dunk case into an uneconomical pastime for the buyer. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. June 2008 39

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Up Close Barrie “Whizzo” Williams Peter Pan of the Paddock There he was, double-clutching a 45-year-old diesel, overtaking a semi, nursing a coffee, and waving and honking at a pretty girl by Paul Hardiman Williams at Race Retro E veryone in motorsports has a favorite “Whizzo” story, and the biography of Barrie Williams, Britain's best-known historic racer, has been long-awaited (see review, p. 130). It's a wonder nobody thought of it before. But perhaps it seemed too obvious when the man himself is so accessible; at race gatherings, Whizzo takes half an hour to cross a crowded paddock because he has to talk to everybody. He knows everybody, you see. Fifty years of racing does that to you. The man never seems to get older but he's knocking on the door of 70, and the recent demise of two of his contemporaries, Tony Lanfranchi and Gerry Marshall (who was younger, though looked older, and both were considerably less fit), may have spurred efforts to get this done. For Whizzo is Peter Pan. He first competed at Prescott in 1957, and remains a regular winner at the Goodwood Revival; in five races in 2007, he won the Glover Trophy and scored a second and third. A proud BRDC life member, he is currently president of the British Motorsport Marshals Club (whose members get five pounds off each book). “Driving is all I'm good at…” A successful allegiance in historic racing—which has increasingly taken up much of Whizzo's time in the past 13 years—has been with Ecurie Ecosse collector Dick Skipworth. A couple years ago, at Skipworth's request, he thought nothing of driving the famous restored team transporter—with D-type, XK 120, and Cooper Monaco on its back—the 600 miles to Mount Stuart 40 Drifting round Goodwood in Scotland for the second of Johnny Dumfries's motorsport extravaganzas. “Want a lift?” he asked me. The answer was easy. On the way, he told me a bit about his life, self-deprecatingly claiming that “driving is all I'm good at… I can't really do anything else.” As if—he did an engineering apprenticeship with David Brown and filled in his early career driving trucks, delivering bricks still warm from the kiln. But the memory that sticks with me from the trip is going through the twiddly bit where the M8 winds through the middle of Glasgow. Whizzo was simultaneously double-clutching the 45-year-old supercharged two-stroke diesel down a gear while overtaking a semi, nursing a coffee, and waving and honking at a pretty girl walking on an overpass. None of the public was inconvenienced in any way in the making of this movie. Later, he made the year of a guy working for the present incarnation of Ecurie Ecosse by giving him a lift in the old transporter—rolling value at the time something like $1 million—the last few miles to Mount Stuart. The lucky hitcher climbed out of the historic cab like a dog with two tails. Actor Robbie Coltrane, a noted gearhead who knows how things work, was fascinated by the unique three-cylinder, six-piston engine, and Williams was as at ease chatting to him as with any member of the public. “Swap over, I'll show you how…” I always knew Williams was good value after the legion of stories that filtered out of racing about the “terrible trio”—himself, Marshall, and Lanfranchi, racing rivals if not always friends—though today he says he was the quiet one. But I found out for myself when I did my Association of Racing Drivers Schools course to gain my racing license in about 2000. I'd asked for Whizzo to be my instructor/examiner, all in the name of a good story. We tootled around Silverstone a bit in the rain until he reckoned I'd learned enough to stay out of everybody's way. Then he said, “Swap over, I'll show you how to get one of these [front-drive Peugeot 306s] sideways.” We did and he did, but this time he failed to catch the massive lift-off oversteer and we rotated 270 degrees before plopping gently into the gravel. Sadly, even with me sitting on the bonnet, it wouldn't Sports Car Market Race photos: Jeff Bloxham

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drive out. Worse, we had come to rest unseen directly under one of the circuit cameras, so to add insult to ignominy, we had to run around and wave to catch the attention of race control for a tow. A lesser man might have blamed the pupil, but Whizzo owned up to the spin, to much ridicule from the tow-men and fellow instructors—and I got my license. Since then, he's helped me on track test stories at Silverstone, pulling strings so that we can get out for a couple of laps with a camera car. Graciously adjusted his pace to suit I'd first come across his continual acts of kindness some years before, such as his taking an unwell friend and fellow member of exclusive rally club Ecurie Cod Fillet to another late member's funeral. It's also the first time I had to follow him on the road. But Williams, gracious as ever, judged my top velocity at these highly illegal speeds and adjusted his pace to suit, pulling me gently along but not dangerously over-extending me. It was plain what was going on, as he had at least twice the horsepower, but it's the thought that counts. The book reviewed in this issue of SCM is packed with entertaining photographs and hilarious anecdotes, but doesn't plumb the depths of his character. Williams never really opens up about his feelings and author Paul Lawrence obviously didn't push too hard, but then the subtitle is “The motorsporting life of....” Silly typos such as “Betty” (Hill) and “Galaxy” will irritate, but it was a rush job to get it finished, especially as all and sundry (including me) wanted to contribute, which goes to show how much affection he engenders. Anyway, Williams wanted to subtitle it “The motorsporting life of… the first 50 years…” so maybe there will be room for a corrected and more in-depth second volume in a decade or so. Minor glitches aside, this book, like the man, will give pleasure to everyone who comes across it. Humble as ever, Barrie “Whizzo” Williams still makes part of his living by trailering various historic racers around Europe. Who better to look after an irreplaceable race car than the man who can drive it faster than its owner? So if you come across a tow-rig with BRW in its registration and “making progress” through the car-parks we laughingly refer to as motorways, give the driver a wave. You'll almost certainly receive one back. ♦ Whizzo gets sideways... for the umpteen thousandth time June 2008 41

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Collecting Thoughts Voisin Say Bonjour to Voisin The French have kept Voisin to themselves; the make is unknown in the English-speaking world, with very few cars available by Raymond Milo F irst, let me disclose that I have three Voisins for sale, namely a C14, a C28, and a C30. Last December, I sold a coachbuilt C28, but I signed a non-disclosure contract and thus cannot talk about it. I have been an admirer of the make, I follow the market closely, and those of you who know me know that I speak my mind whether it benefits me or not. Before we get to the example auctioned by Artcurial on Saturday, February 9, a few words on Gabriel Voisin are appropriate. He was born in 1880, educated in École des Beaux-Art de Lyon. He was fascinated by airplanes early on, and with Louis Blériot and pilot Henri Farman the young entrepreneur produced a plane that in 1907 set a world record by flying a whole kilometer. By 1914, Gabriel and his brother Charles owned an air- craft factory near Paris. That same year Gabriel produced and patented a fighter plane that was revolutionary for the period—no cloth or wood was used, only metal. Voisin offered it to the French War Department, and by the end of WWI, some 8,000 Avions Voisins had been made. Just before the end of the war, Voisin sold licensing rights to the Italian, Russian, and British governments. After the Great War, no one wanted fighter planes, but Gabriel Voisin did not care. He was a multi-millionaire who turned his energy and talent to his next love—the automobile. Philosophically, Voisin belonged to the French offshoot of the German Bauhaus movement, also known as functionalism, whose mantra was that only function mattered, and it dictated the form. The best-known members of that group were architect Le Corbusier and author Anatole France. As a carmaker, Voisin practiced “infinite simplicity,” which dictated that no more than absolutely necessary was required to make any component. For instance, he developed the epicyclic gearbox, which in effect doubled the number of speeds. He refined the Cotal pre-selector gearbox, with gear change executed by paddles on the steering wheel—in 1932, no less. Voisin engines were of sleeve-valve design, and he faithfully paid royalties (if not always on time) to Charles Knight. Interestingly enough, the stroke never changed—it stayed at 110 mm—only the bore size and the number of cylinders varied. The big Voisins attracted the big names of the period: Le Corbusier and Anatole France, but also H.G. Wells, Josephine Baker, and Rudolph Valentino, who had three—two for France and one for Hollywood. The length and the intent of this article does not allow me to even scratch the surface of Voisin's genius. He had over 200 automotive patents, from folding rear seats to that first paddle shifter. The car sold by Artcurial in Paris on February 9 for Details Years produced: 1934–36 Number produced: 6 approx. Original price: 180,000FF (about $18,000)—a Bugatti T46 cost 100,000FF SCM Valuation: $700,000–$800,000 Tune-up cost: $1,000 Distributor cap: $150 (Delco-Remy, not expensive, but you have to find it) Chassis #: Brass plate riveted to firewall Engine #: Right side brass plate Alternatives: 1936 Cord 810 Westchester, 1935 Daimler Double Six, 1933 Minerva SCM Investment Grade: A 42 $788,500 is one of two C25 Aérodynes that survive. The other one is in Musée National in Mulhouse and not likely to come on the market any time soon. Other C25 models were the Clariere and Cimier. A 1935 Clariere in scruffy, lovely condition sold for $330,000 at Gooding's Pebble Beach auction last summer (SCM# 46547). The C25 Aérodyne was Voisin's idea of combining the size and comfort of a four-door, the versatility of a convertible (with its sliding roof center), and effortless cruising with a very sleek aerodynamic body, a feat he certainly achieved. But this car (S/N 50023) Avions Voisin, the Next Big Thing has a major fault that is beyond rectification through restoration: Nothing is known about it prior to 1962. The post-'62 history is like kissing your sister—it really does not count. The wrong headlights, the frozen engine, the missing transfer case for the sliding roof and such will be solved with money, good luck, and time. The lack of real history is insoluble. So is it a good buy at a record $788,500? Yes, I think it's a steal. Listen to me and hear me well: These Voisins are the Next Big Thing. (Did I mention I have three for sale?) First, the French have managed to keep Voisin very much an exclusive French domain. The few things that have been written about the man and his cars are all in French limited editions and are now out of print. The make is still virtually unknown in the English-speaking world. And only the most sophisticated collectors (Messrs. Mullin, Mann, and Mounger come to mind) appreciated Voisin and bought them when no one knew what a Voisin was. But the cat is now out of the bag. Secondly, there is a shortage of cars that pierce $2 million with ease in premier auctions. Don't take my word for it, just look objectively at marquee auctions of December, January, and February—the pickings were slim. There are two reasons for this: people who bought those big cars in the first place bought them to keep them, and they are not for sale, period. In addition, emerging markets in both Eastern Europe and Asia are beginning to reduce the meager supply. And the cars to be found are what I call necro cars; they come from the estates of dead collectors. So welcome the Voisin, unknown no more, and I say a new king of the hill. ♦ Sports Car Market Artcurial

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Event Amelia Island Concours Fun in the Sun, Eventually Sunday's show seemed like the icing on the cake, with 314 classic cars lined up in 37 classes by Rob Sass been a bit behind some of the other concours. Best in Show this year was won by perennial concours contenders Sam and Emily Mann and their stunning 1935 Duesenberg Model J roadster, with its immaculate white finish, rear skirts, and rumble seat. Best Sports Car in the show was won by a 1957 Ferrari 335 Sport. Other class winners included a 1967 Bizzarrini Strada 5300 GT, a 1935 Mercedes-Benz 500K cabriolet A, and a lovely 1934 MG K3 Magnette brought by the Collier Collection in Naples, Florida. This year, Amelia featured the cars of the Trans Am series from the 1960s and 1970s. Series heroes Parnelli Jones, Dan Gurney, George Follmer, Sam Posey, and John Morton were all on hand. Even 33 years after his death, the absence of Mark Donohue was apparent. Still, it was an amazing collection of talented driv- Trans Am racers thundered at Amelia T here's no disputing the fact that the Amelia Island Concours d'Elegance has enjoyed a meteoric rise in stature in the last several years. As long time SCMer and magazine magnate Tom DuPont points out, while it's impossible to compare Amelia with its West Coast counterpart, there is the sense that if you're a car guy, you have to go to Pebble, but you want to go to Amelia. The Amelia Concours is in its 13th year and sprawls across the 100-plus acres of the huge seaside Ritz-Carlton Resort 35 miles northeast of Jacksonville. Running from Thursday through Sunday and including a $16.7 million RM auction of 105 outstanding cars, it drew an estimated 18,000 motorheads of all types. Sunday's concours seemed like the icing on the cake, with 314 classic carriages lined up in 37 classes along the golf course to the north of the hotel. Perfect bodywork could be seen in all directions, though waterproof shoes were a desirable accessory. Amelia's cheery goodwill echoed throughout the weekend (at least after the real- life re-enactment of the movie “Twister” concluded Friday night and things dried out a bit). The show has an overriding sense of fun that's a testament to its founder Bill Warner. In both the setting and the tone of weekend itself, there is a relaxed feeling that comes from the fact that the celebration has room to stretch out, rather than fighting a rearguard action with its back to the beach, like the Spartans at Thermopylae. The big news during the past year was the appointment of Tom Cotter as co-chair- man of the event. He is well known to SCMers as the author of the books, The Cobra in the Barn: Great Stories of Automotive Archaeology and The Hemi in the Barn: More Great Stories of Automotive Archaeology, as well as being an occasional contributor to the magazine. His personal collection includes a 289 Cobra, several British sports cars, and a group of Ford Woodies. It will be interesting to see whether Cotter's personal affinity for barn finds and unrestored cars translates into regular preservation classes at next year's event. This is one area where Amelia has Details Plan ahead: March 13–15, 2009 Where: Ritz-Carlton Resort, Amelia Island, FL Cost: $40 for adults; $20 for students More: www.ameliaconcours.org 1930 MG 1212 Brooklands racer of SCMer Jack Kahler ers and phenomenal cars that reminded one of how fun racing could be when the cars that raced on Sunday resembled something you could buy on Monday. With products like the Mustang on hand and the new Challenger and Camaro in the pipeline, now would seem the appropriate time to revive Trans Am, and indeed, there have been industry murmurings about it. As usual, Amelia attracted its share of unusual cars, none of which fell into the category of “rare and should be.” Winner of Best in Class in the category of Cars You Never Knew Existed was the 1938 Tatra T77a of John Long and Helena Mitchell of Toronto, Canada. It was a splendid example of the Paul Jaray art deco streamliner. A feature of Amelia has always been the breadth of its presentations, from racing cars to motorcycles to grand classics. Each year, the quality of the top cars in each class gets better, which, when coupled with the variety on the field, makes for a perfect way for anyone who has any affection for old cars to spend a day. ♦ 44 Sports Car Market

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SCMers at Amelia Island Michael Amalfitano—Jupiter, FL 1963 Fiat Abarth Barbara & Jerry Andres—Richmond, VA 1956 MG A 1500 roadster Tom & Susan Armstrong—Issaquah, WA 1968 Chevrolet Penske Sunoco Camaro Z/28 Philip & Diane Bagley— North Palm Beach, FL 1973 Porsche Carrera RS Robert & Sandra Bahre—Alton, NH 1910 Thomas Flyer M-640 touring John Baldwin—Covington, LA 1972 Datsun 510 Howard & Diane Banaszak— Ft. Lauderdale, FL 1953 MG TD Sport Speciale Bob Birdsall—West Palm Beach, FL 1954 BSA Daytona Gold Star, Best in Class David Boland—Titusville, FL 1969 Chevrolet Camaro 1969 Chevrolet Camaro Andy Boone—Dallas, TX 1970 Plymouth 'Cuda Jack & Kathy Boxstrom—Picton, Ontario, CAN 1949 Cadillac Club coupe Allan Brewer—Daytona Beach, FL 1967 Chevrolet Corvette Joe Buzzetta—St. James, NY 1969 Porsche 908 Spyder James & Marion Caldwell, Sr.— Toms River, NJ 1926 Rolls-Royce Phantom I convertible sedan David C. Campbell—Norwell, MA 1937 AC March 16/80 Sports tourer, Amelia Award Bruce Canepa—Scotts Valley, CA 1970 AMC Javelin, Amelia Award Joe & Angela Cantore—Oak Brook, IL 1936 Mercedes-Benz 290 cabriolet A Ele Chesney—Toms River, NJ 1928 Minerva AF Transformable town car Richie & Sharon Clyne—Las Vegas, NV 1909 Thomas Flyer Flyabout 670 Miles Collier—Naples, FL 1934 MG K3 Magnette, Best in Class 1935 MG PA/PB 1963 Chevrolet Corvette Grand Sport, Amelia Award Gary S. Collins—River Forest, IL 1968 Porsche 911 Nick Colonna—Palos Verdes Estates, CA 1964 Iso Grifo Bizzarrini 5300 Corsa A3C, Amelia Award Tom, Pat & Brian Cotter—Davidson, NC 1966 Austin-Healey Sprite Prototype Chris & Anne Cox—Chapel Hill, NC 1962 Ferrari 250 GTO Sam Cummings—Grand Rapids, MI 1971 Alfa Romeo Giulia Sprint GT, Best in Class Joseph Dockery—Cos Cob, CT 1965 Shelby GT350 R Leonard & Lisa D'Orlando—Lynnfield, MA 1960 Porsche 356B 1600 roadster Matthew Drendel—Hickory, NC 1977 Porsche 935, Best in Class Jim Duncan—Beverly Hills, MI 1949 Zimmerli Vauxhall Velox 18-6 Timothy S. Durham—Indianapolis, IN 1929 Duesenberg J Derham phaeton Ed Dwyer—Los Angeles, CA 1970 Chevrolet Camaro James Edwards—Show Low, AZ 1984 Porsche/Fabcar 935 Gene & Marlene Epstein—Wrightstown, PA 1962 Bentley S II Continental DHC Dave & Kimber Feece—Los Gatos, CA 1968 AMC Javelin E. Ronald Finger—Savannah, GA 1909 Buick F touring Gary Ford—Pipersville, PA 1949 HRG Hurgenhauser Darren Frank—Charlotte, NC 1969 Iso Grifo Joe & Cynny Freeman—Brookline, MA 1914 Mercer Type 35 J raceabout Frank Gallogly—Lakeville, CT 1973 Porsche Carrera RSR 2.8 Mark & Connie Gessler—Potomanc, MD 1939 Alfa Romeo Tipo 256 Berlinetta Aero, Amelia Award Gary Goeringer—Nipomo, CA 1968 Ford Mustang Victor Gomez, Jr.—San Juan, PRI 1957 Bentley S Continental Park Ward DHC Jon J. Goodman—Gladwyne, PA 1961 Alfa Romeo Giulietta Sprint Zagato Terri Henning—Charleston, SC 1963 Lotus 23B Todd E. Hensley—Springfield, MO 1958 Ferrari 250 GT Pinin Farina coupe Lee & Joan Herrington—Bow, NH 1931 Duesenberg J Murphy coupe, Amelia Award John & Deborah Hunt—Santa Maria, CA 1953 Nash-Healey Le Mans coupe Sean, Kent & Kevin Hussey—Birmingham, AL 1957 Chevrolet Corvette, Amelia Award Mark & Kim Hyman—St. Louis, MO 1936 Delage D8-120 Aerosport coupe Bob & Betsy Jenkins—Grenada, MS 1920 Paige 6-66 Daytona, Amelia Award Jack E. Kahler—Littleton, CO 1930 MG 1212 Brooklands racer, Amelia Award Thomas & Margaret Keller—Manitowoc, WI 1933 MG J-3 Bill Kennedy—Taylorville, IL 1911 Rolls-Royce 40/50 Silver Ghost Randy Kimberly & Bill Warner— Jacksonville, FL 1928 Chevrolet Beach racer Irwin Kroiz—Ambler, PA 1968 Chevrolet Corvette Richard & Linda Kughn—Dearborn, MI 1934 Packard 1101 John W. Linfesty—Santa Monica, CA 1968 Chevrolet Camaro RS/SS Sam & Emily Mann—Englewood, NJ 1935 Duesenberg J roadster, Best in Show J.W. “Bill” Marriott, Jr.—Washington, DC 1938 Darracq/Talbot Lago T150C Bruce & Jolene McCaw—Bellevue, WA 1961 Ferrari 250 GT Sperimentale, Best in Class Tom McIntyre—Burbank, CA 1968 Chevrolet Camaro John W. Mecom, Jr.—Houston, TX 1955 Chevrolet Corvette roadster Don & Diane Meluzio—York, PA 1968 Bizzarrini Spyder S.I. Tom Mittler—Three Rivers, MI 1922 Wisconsin Special Open-Wheel Sprint Neil Moody—Evergreen, CO 1966 Ferrari 275 GTB James & Silvia Moore—Boca Raton, FL 1955 Mercedes-Benz 300SL coupe Wellington & Janet Morton—Fruit Cove, FL 1912 Cadillac Model 30 touring, Amelia Award Peter & Merle Mullin—Los Angeles, CA 1937 Delahaye 135M roadster 1937 Delahaye 145 Mark J. Murphy—Scottsdale, AZ 1969 Chevrolet Baldwin Motion Chevelle, Amelia Award Don & Carol Murray—Laguna Beach, CA 1955 Porsche 550 Spyder Robert Pass—St. Louis, MO 1937 Rena Phaeton, Amelia Award Buddy & Arline Pepp—Beverly Hills, CA 1974 Iso Grifo William & Joan Perretti—Ormond Beach, FL 1904 Siddeley 6hp Henry & Gale Petronis—Orlando, FL 1931 Bentley 8-Liter tourer Malcolm Pray—Greenwich, CT 1937 Delahaye 135M, Best in Class 1938 Rolls-Royce Phantom III John W. Rich, Sr.—Pottsville, PA 1939/47 Rolls-Royce Phantom III “Vutotal” Frank A. Rubino—Pinecrest, FL 1950 Aston Martin DB2 DHC, Best in Class William B. Ruger, Jr.— Newport, NH 1925 Locomobile 48 Sportif phaeton John Gillespie & Jack Ruscilli—Mount Airy, NC 1949 Jaguar XK 120 Super Sport Ray Scherr—Westlake Village, CA 1934 Packard 1108 Jim & Rick Schmidt—Ocala, FL 1957 Ford Thunderbird Steven A. Schultz—Chicago, IL 1935 Duesenberg SJ Convertible Coupe 1953 Cadillac Eldorado Weldon W. Scrogham—Waynesboro, VA 1980 Interscope Porsche Indy Car George R. Shelley—Pompano Beach, FL 1934 MG PA/B Le Mans Jack Simpson—Dallas, TX 1933 MG J-2 open sports Len & Suzie Star—Hudson, OH 1935 MG NB, Best in Class Martin & Dottie Stickley—Winter Park, FL 1951 Allard K2 David Stitzer—Warminster, PA 1953 Mercedes-Benz 300S roadster, Amelia Award Jeffrey & Christine Stout—Manhattan Beach, CA 1970 Chevrolet Camaro Mike & “Ralph” Stowe—Boyne City, MI 1956 Lincoln Premiere convertible Gerry & Nancy Sutterfield—Palm Beach Gardens, FL 1953 Muntz roadster Chuck & Carol Swimmer—San Diego, CA 1931 Bentley 8-Liter Mark & Pam Thomas—Birmingham, MI 1908 Pontiac Buggy runabout John Thompson—Atherton, CA 1968 Chevrolet Corvette L88 race car 1969 Chevrolet Corvette ZL1 race car Bill Warner—Jacksonville, FL 1955 Chevrolet Corvette roadster 1958 Cadillac Eldorado Brougham Court Whitlock—Springfield, MO 1957 Maserati 150S, Amelia Award Henry B. Wilkinson—Asheville, NC 1964 Shelby Cobra roadster, Amelia Award Roger Willbanks—Denver, CO 1935 Mercedes-Benz 500K Kombo roadster, Amelia Award John H. Willock—Chestertown, MD 1958 Ferrari 250 GT Ellena John & Linda Wright—Upper Black Eddy, PA 1932 MG P 1960 MG A June 2008 45

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Ferrari Profile 1988 Ferrari Testarossa The initial response was wildly enthusiastic and fueled a buzz that attracted people who had never before considered a Ferrari by Steve Ahlgrim Details Years produced: 1985–91 Number produced: 7,200 approx. Original list price: $89,000 (1985), $172,000 (1991) SCM Valuation: 1985–1987.5, $40,000–$60,000; 1987.5–1991, $50,000–$70,000 Tune-up cost: $7,000, but expect to pay way more Distributor caps: $490 each, 2 required Chassis #: Top frame rail in engine compartment, passenger side Engine #: Top of engine block, just right of center, close to bell housing Club: Ferrari Club of America PO Box 720597 Atlanta, GA 30358 More: www.ferrariclubofamerica.org Alternatives: 1978–85 Porsche 930 Turbo, 1967–73 Maserati Ghibli coupe 1985–89 Lamborghini Countach 5000 QV SCM Investment Grade: C Comps Chassis number: ZFFSG17A4J0075523 T he Testarossa was a significant advance for Ferrari. Designed for series production, this flat-12 supercar continued Ferrari's 12-cylinder tradition in a modern, mid-engined configuration that could be traced directly to the 512 and 312 sports prototypes and Ferrari's years of Formula One experience. This 1988 Testarossa is a U.S.-delivery example equipped with stereo sound system and air conditioning. Its odometer shows just 37,227 miles, a reading that appears to be appropriate to its condition. It is complete with its books and tools and comes with an extensive file of ownership documents and service history. Perhaps best of all, it is distinctively finished in Argento (silver) over Bordeaux leather upholstery, an attractive complement to the distinctive lines of the Testarossa's Pininfarina body design and a refreshing change from the common red over tan. Freshly serviced, this attractive, handsome Argento Testarossa is ready to be used and enjoyed. SCM Analysis This car sold for $63,250 at RM's Collector Cars of Ft. Lauderdale auction on February 16, 2008. One of the perks of being a franchised automobile dealer is going to dealer meetings. The meetings are often lavish affairs in fun locations with an obligatory excess of food and libation. Dealers complain about having to go to the meetings, but few share the chore with the next in line or gain much sympathy from their audience. Ferrari is no different from other manufacturers and as you can imagine, Ferrari throws quite a soirée. In 46 1984, franchised Ferrari dealers from around North America were treated to a pilgrimage to Maranello for a dealer meeting and their introduction to a new model that would forever change the business of selling Ferraris. Near silence when the car appeared The guests were taken to the Imola race track, where three new Testarossas were waiting for critical inspection and track time. The car had already been shown in Europe and anyone interested could have seen detailed photographs of it, but this was the first time most of the guests had seen the car in the flesh. I'm told there was near silence while everyone crawled into, out of, and under the car. It was stunning in the flesh, a total departure from its predecessor and a bold statement of Pininfarina's talent. Everyone recognized it would be a cash cow, but no one could have anticipated what the next few years would bring. You might expect Ferrari's test drivers to cut back a couple clicks when chauffeuring an important guest, but the reality is the opposite. The drivers seem to relish showing off for a passenger by dancing the car around the track in a flamboyant fashion that is as much a demonstration of their car control as it is the fastest way around the track. The Testarossa event was no different. The pilots showed the grand touring machine could be as nimble as a sports car, pushing the car to its limits and encouraging the guests to be aggressive when it was their turn to drive. The demonstration hit its mark, and the dealers 1986 Ferrari Testarossa Lot# 623, s/n ZFFTA17C000066161 Condition 1 Sold at $80,134 Bonhams, London, UK, 12/3/2007 SCM# 48066 1991 Ferrari Testarossa Lot# SP118, s/n ZFFSG17A8M0086416 Condition 2Sold at $81,540 RM, Ft. Lauderdale, FL, 2/9/2007 SCM# 44276 1986 Ferrari Testarossa Lot# 1546, s/n ZFFSA17AG0063567 Condition 3 Sold at $55,000 Barrett-Jackson, Scottsdale AZ, 1/18/2007 SCM# 44168 Sports Car Market Photos: Hyman Ltd.

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returned home wildly enthusiastic about the new car. Not long after the dealer event, the first North American preview of the Testarossa was staged. The invitation-only presentation was sponsored by Philip Morris and held at the Whitney Museum of American Art in New York. Few people even noticed the Marlboro-liveried Ferrari F1 car, as the red Testarossa stole the show. Again, the response was wildly enthusiastic and fueled a buzz that attracted people who had never before considered a Ferrari. Almost no way to lose money on one Testarossa hysteria exploded through the late '80s and peaked in late 1990. In the U.S. the 1974 Daytona was the last officially imported 12-cylinder Ferrari. By 1985, the strong pent-up demand for a 12-cylinder Ferrari fueled the anticipation of the exciting new model. Before the first car was delivered, many dealers had sold their allocation way into the future. When the first cars began to hit the dealerships, the law of supply and demand kicked in. Buyers unwilling to wait in line for a car started offering a premium for an early delivery position or a resale. Almost immediately the premium was $10,000 over list price, which quickly rose to $30,000, then crept to nearly $150,000. For five years, there was almost no way to lose money on a Testarossa. All you had to do was get your hands on one and you either owned it for free or made money on it. Everybody wanted one. Today the Testarossa is still an impressive car, but it no longer commands the attention it once did. The styling that was so exciting in 1985 does not have the timeless quality of many Pininfarina designs. Like other items from the “Miami Vice” era, what was cool then seems over the top today—but unlike pastel sports coats with T-shirts, the Testarossa still has a large following. You will find a wide variance in Testarossa pricing, and with good reason; there is a wide variance in condition. Many Testarossas were purchased as investments and tucked away in the corner of a warehouse, covered, and left for someone with lots of bucks who wanted it worse than the present owner. The low mileage and unused condition became an albatross the next owner felt obligated to feed, so it is not unusual to find virtually new Testarossas for sale. Once the market crashed in 1991 and used Testarossas became relatively affordable, many owners discovered they really enjoyed driving their cars. Examples with 40,000 miles are commonplace, with even higher mileage cars dotting the classifieds. Naturally, with mileages ranging from under 10,000 miles to over 75,000, and with conditions varying from new to scruffy, the corresponding pricing can be diverse. Big services often exceed $10,000 The big cost of owning a used Testarossa is main- tenance. An engine-out major service is necessary around every five years (or 30,000 miles, but few hit that number first). The base service can probably be done in the $6,000 area, but “while we're here” items usually push the total over $10,000, a number that has significant influence on the value of a Testarossa. Along with service, cosmetic condition also plays a big part in a Testarossa's value. Few buyers of $50,000plus cars have to stretch to buy the car, and few will settle for a scruffy one. Shrunken dashes, worn interiors, paint issues or stories are the kiss of death to a Testarossa. If $5,000 more gets a better car, then the buyer just digs a little deeper. The Testarossa RM sold is just what you want to find. As a 1988, it is essentially cosmetically identical to the last car that came off the line and benefits from most of the updates that were made during the model's production. It has been freshly serviced and comes with service records plus books and tools. The mileage is appropriate to the model. Silver is not my favorite color, but it should be acceptable to anyone who doesn't have to have a red one. It was sold by a dealer who usually deals in older exotics to a Midwestern dealer who deals in all kinds of collector cars. The buyer and seller know each other, and I think the result—at the high end of wholesale market—came after a personal assurance that the car was as good as it looked. Had a retail buyer held his hand up, he would have gotten a good deal, as it will take a good deal more cash to buy the car from the current owner. ♦ (Introductory description courtesy of Rick Carey.) June 2008 47

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Sheehan Speaks Michael Sheehan Convertible Assets Indeed Bear Stearns and the U.S. market were sub-primed to fail—but classic Ferraris just head overseas to the next party Vintage Ferraris were immune to the stock market gyrations T hroughout the week of March 12–17, the demise of Bear Stearns sent a shudder through the world's economy. If, like me, you consider The Economist fun reading, and you survived the 1974 and 1979 gas crisis and the 1980–85, 1990–95, and NASDAQ 2000 recessions, it's been all-too-predictable. The U.S. economy went wrong again. So what, now what? This mess started about 1998, when real estate, hammered by the 1990–95 recession, looked like a bargain. Wall Street, eager for higher returns, and with a performance-based incentive compensation system that would push the boundaries of any compliance envelope, transformed the mortgage business from a local one—centered around banks—to a global one. Global investors, flush with cash from Asia's boom and ever-rising oil prices, demanded high returns, and Wall Street's answer was sub-prime mortgages. Creative loans allowed those with little credit history to buy houses they couldn't afford with teaser-rate loans whose low interest rates soon went up, giving investors higher returns—if the loans were paid. The Fed's Alan Greenspan helped to make it possible, dropping interest rates to prevent a double-dip recession after the NASDAQ bust of 2000, and keeping them low for years. AAA rated into the dumpster These teaser-rate mortgages were bundled into supposed investments, or derivatives, known as Collateralized Debt Obligations, or CDOs. Bond rating 48 companies such as Ambac and MBIA, which had once charged a fee to lend their AAA bond ratings to state and city governments to improve these agencies' bond ratings, now made much fatter fees lending their AAA bond ratings to the newly invented CDOs. With their new-found AAA ratings, these bundles of sub-prime based CDOs were now easy to sell to global investors. As more loans were sold, they were in turn used as collateral for even more loans, and so credit standards were lowered to get more paper out the door, sold by fly-bynight loan brokers making big commissions. Buyers of these CDOs were insurance companies, pension funds, and hedge-fund managers from Sweden to Shanghai. Because the U.S. had low interest rates, and Japan had ultra-low interest rates, money managers leveraged their bets by buying the CDOs with borrowed funds. Because the CDOs were AAA rated, they were in turn used as collateral for more borrowing, so if you followed the bouncing ball, borrowed money was used to borrow more borrowed money. Bets of $35 million could be made by hedge funds with only $1 million of their own money and $34 million in debt. If the value of the investment rose to just $36 million, the investors would double their money, but if the value fell to $34 million, the fund was broke. Bear Stearns barbecued On March 12, Bear Stearns CEO Alan Schwartz had to assure Wall Street that Bear Stearns was not in trouble from sub-prime exposure. Yet on March 14, the company was insolvent and sold over the weekend by the New York Fed to competitor JPMorgan Chase for a bargain-basement $2 a share (subsequently raised, see below), or $236.2 million. The New York Fed and the Federal Reserve approved the all-stock buyout, pushed through on Sunday before world markets opened Sunday night. The Fed also made the takeover risk-free by guaranteeing up to $30 billion of Bear's portfolio while pumping in liquidity to the markets, with a cut in its lending rate to banks from 3.5% to 3.25%. To sweeten the pot, Bears's midtown Manhattan headquarters, worth a cool $1 billion, was thrown in. When the dust settled, JPMorgan's takeover of Bear cost about 1% Sports Car Market

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of what the investment bank was worth just two weeks earlier and a 93.3% discount to Bear's market capitalization on the previous Friday. Goodbye, Bear Stearns. Best Ferraris didn't miss a beat Ever cautious, I was on the phone the morning of March 17 and asked dozens of dealers over the week for their feedback. I was relieved to be told, over and over, that the market for the older Ferraris was booming along, with only a few hiccups, while the newer cars had taken an instant 10% haircut! Those who sold the newer cars, from the 360s on, were dropping their bids on new inventory and more than eager to sell off their existing inventory. The “normal” depreciation curve on 430s and 599s, starting at $150,000 over sticker when introduced, had steepened in the dive toward sticker. As for the older cars, Boxers were still strong, while TRs and newer were unchanged, already fully depreciated, with value a function of miles, condition, and service history. The TRs and newer Ferraris are “local market” cars, which can be sold in the U.S. or into Canada's booming economy, but can't be sold to Europe, as they fall into a 10% duty and 17% to 19.5% VAT category. The Daytona-and-older market remained strong, with the most desirable cars—the competition GTs and coachbuilt specials—selling easily to the very rich in the U.S., Europe, and elsewhere. These best-ofthe-best continue to be solid investments, with a strong market in the U.S., or are easily sold to Europe, where they face a modest flat 5% duty and VAT. A week after the Bear Stearns debacle, the bid on Bear stock had jumped from $2 to $10 a share, reflecting that Bear had been undersold. The Dow was up 500 points and normalcy began to return to the financial markets. While many feel that Goldman, Lehman, and other players have many unanswered questions, and the bond companies like Ambac or MBIA that underwrote the CDOs are far from solvent, the Fed had acted exactly as it had to. We are not yet at the bottom of this cycle, but this too shall pass, as have other recessions. For example, the worst decision any investor could have made after 1987's Black Monday was to sell his positions, though many did, only to see them more than recover within several months. Ferraris as world travelers Although few stop to analyze the economics, Ferraris have always been an arbitrage trade, the practice of taking advantage of price, currency, and economic differentials between markets. As arbitrage examples, Ferraris first came to the U.S. in the 1950s and '60s, when the U.S. economy was booming, the dollar was king, and Italy was recovering from the disaster of WWII. Just as the Iraq war is bleeding America, the Vietnam war was financially devastat- ing and many Ferraris flowed back to Europe in the late 1970s. In the 1980s, the dollar was again strong and Ferraris came back to the U.S. From 1985 to 1990, when the yen doubled in value relative to the dollar, thousands of Ferraris went to Japan, only to come back in the late 1990s. Today's example shows Ferraris going to Europe and elsewhere, because the U.S. economy and the dollar are in the tank. The Fed's ongoing actions will guarantee the dollar remains weak for several years to come, and printing presses pounding out dollars will push inflation ever higher. New wealth is continually being created worldwide, and as communication and transportation become easier, Ferraris are liquid and transportable. Like art, gold, and diamonds, they can be on a plane and moved quickly to multiple markets, and will always have a much higher pride-of-ownership factor than Treasury bonds. Over the last few years, real estate and the stock market have proven to be the wrong investments. Better a Ferrari in your garage than a house in foreclosure. ♦ June 2008 49

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English Profile 1960 Jaguar Mk II 3.8 Saloon Concours restorations can exceed six figures; if you're very lucky, you might get half of that back when you sell by Gary Anderson Details Years produced: 1960–67 Number produced: 30,140 Original list price: $5,765 SCM Valuation: $28,000–$45,000 Tune-up cost: $300–$500 Distributor cap: $15 Chassis #: Plate on firewall Engine #: On head between cam covers Club: Jaguar Clubs of North America 234 Buckland Trace Louisville, KY 40245 More: www.jcna.com Alternatives: 1962–65 Bentley S3, 1960–65 Mercedes-Benz 220SEb 1962–69 Daimler 2.6 V8 SCM Investment Grade: B Comps Chassis number: 212739DN G race, pace and space” was the Jaguar slogan in the 1960s, and no model epitomized this more than the mid-sized Mk II sedan, which was affordable, elegant and quick. In its ultimate form as the Mk II 3.8, it was termed the “gentleman's express” and the car of choice for British bank robbers and the pursuing constabulary. As Jaguar's most popular model at the time, this sedan also marked a turning point for Jaguar Motor Cars. Previously, Jaguar's line appealed primarily to the well-off sportsman, with two-seat sports cars and large luxury sedans. Since the introduction of this model, Jaguar has always had a mid-sized sedan in its line-up. However, it took Jaguar a while to reach the zenith of development represented by this car. Introduced in 1955, the Jaguar 2.4 (these cars weren't called Mk Is until the launch of the Mk II in 1960) adopted the monocoque construction first used by Jaguar in the D-type race cars. This chassis was adapted to a small sedan with a styling theme that replaced the swooping front fender and short rear fender lines of the XKs and Mk VIIs with a single fender/beltline extending from headlamp to taillamp in one continuous sweeping curve. The Mk I wasn't entirely successful, however, since the design had fat A-pillars and solid door frames, which gave the greenhouse an awkward appearance. On the inside, Jaguar worked its artistry with leather upholstery and wood trim on every possible surface except the center instrument panel, which juxtaposed a WWII fighter look of white-lettered black dials on a matte-black background. 50 Unfortunately, perhaps to underline the sleekness of the body, the rear wheel track was 4.5 inches narrower than the front track, which seriously affected handling. Still, the model sold well and in 1960, Jaguar unveiled the substantially improved Mk II. Though the sweeping lines of the Mk I were pre- served, the rear track was widened to match the front. Gone were the full rear fender skirts, replaced by partial skirts that displayed the rear wheels and tires, which came optionally with centerlock wire wheels and even with white sidewalls. The Mk II was the same length as the Mk I, and the open and airy greenhouse—restyled with slender pillars and window frames outlined in chrome—made the car more elegant and graceful. Two major performance improvements accompanied the changes. The Jaguar 3.8-liter DOHC engine, shared with the Mk IX and XK 150, made the car the fastest fourdoor production sedan. With 220 horsepower on tap, 120 mph was easy to achieve, and the car could outrun bigger cars (police Wolseley 6/99s, for example). The 2.4- and 3.4-liter engines, carried over from the Mk I, continued to be available. Four-wheel disc brakes had proven their worth on the D-types and were standard. Jaguar was so proud of this that a red caution triangle and the words “Disc Brakes” were incorporated into the rear bumper trim. The interior was as Jaguar-luxurious as ever, and even the smallest details were attended to. As an example, the chrome pivoting lock on the rear door wind wings consisted of nine separate pieces, accented with a crosshatched finger pad. 1966 Jaguar Mk II 3.8 Lot# 721, s/n 235072BW Condition 2+ Sold at $28,014 Bonhams, Beaulieu, UK, 9/8/2007 SCM# 46793 1966 Jaguar MK II 3.4 Lot# 21, s/n 170052BW Condition 2 Sold at $21,879 H&H, Duxford, UK, 10/10/2007 SCM# 47386 1960 Jaguar Mk II 3.8 Lot# 55, s/n 214320BW Condition 1 Sold at $77,616 H&H, Cheltenham, UK, 3/1/2007 SCM# 44605 Sports Car Market RM Auctions

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ovide reasonable service. Such cars can be had for ound $25,000 but could cost $50,000 or more to take o o the next level. SHOW STARS: These were once probably old reiners, but have benefi ted from complete restoration y a Jaguar specialist. In such a restoration, the engine nd suspension would be rebuilt, and expensive body ork would repair any faults in the stressed chassis. A rst-class paint job would cap the refi nishing of every pi piece of wood, and leather interior would be replaced. uch concours restorations are labors of love and can xceed six fi gures. Unfortunately, they typically fetch alf that investment when their owners move on. BESPOKE RESTO-MODS: These are the few ars remanufactured on a bespoke basis by Vicarage n England, or Beachams or McLaren in New Zealand. Building a modern car within the traditional Jaguar shell, the buyer can specify powertrain and suspension from a Jaguar XKR, as well as climate control and audio systems of Bentley quality. Cost for such a project will also be in the Bentley range, though the custom nature of the project typically means the car will also sell for half or less what it cost when the owner decides to move on. The example here clearly falls into the second category. Restored for show and displaying its thoroughly deserved AACA award badges, and complete with the very rare tool kit in its fi tted case, it is as good as any judge could hope to see. Nods to convenience and drivability As a nod to convenience and present-day driv- ability, a modern 5-speed T5 transmission conversion—an imperceptible bolt-in—has been installed in place of the original 4-speed plus overdrive. Judging from the car's stance, it also appears to have benefi ted from a competition suspension system to cure the excessive roll that was typical when new. It likely has an XJS power steering system as well. Such upgrades are nearly invisible to the observer and make the car perform, in both creature comfort and road-handling, in a much more contemporary fashion. Though this car isn't air-conditioned (avail- Seat Time John Shuck, Fully restored from the ground up with no expense spared, this Mk II was an AACA National Prize winner. Finished in black with a biscuit interior, it was described as fully sorted and upgraded with a 5-speed transmission. SCM Analysis This car sold for $75,900 at RM's Fort Lauderdale, Florida, auction on February 14, 2008. Three categories of Mk II sedan In my experience as a buyer, owner, and seller of the Jaguar Mk II, the examples that appear at auction fall into three categories: Old Retainer, Show Star, and Over-the-Top Resto-mod. Each has its own distinct price range. OLD RETAINERS: These are generally cars lov- ingly owned and driven by the same family from new. They may be a bit shabby around the edges, with fading wood and a greasy engine compartment, but they'll June 2008 able new, but trunk-mounted and ineffective), a period-looking custom air conditioning system could easily be installed. This example is presented in black with tan, which is a slightly anachronistic color combination not available on Mk IIs until fi ve years after this particular car was built. However, the colors highlight the car's beautiful lines and complement the honey-colored wood and Coombs wood-rimmed competition steering wheel. Even though this is the most desirable version of the Mk II, with 3.8 engine, manual transmission, and wire wheels, I'd have expected a fi nal sales price in the $50,000 range. However, this price might have refl ected the meeting of two equally determined buyers. In any case, this is a comfortable choice for vintage car tours, will always be parked in front of a four-star restaurant, and—unlike a new luxury sedan—isn't likely to depreciate. I call it fully priced, yet still an excellent value. ♦ (Introductory description courtesy of RM Auctions.) Westport, CT: In 1959, Dad was thinking about either a 150 FHC or a 3.4 Mk I sedan, and the only thing that needed to be decided was whether I could fit in the back seat. I was in sixth grade at the time, but was almost six-feet tall, so the 150 looked like a long shot. The 3.4 sedan was a treat, however, because my girlfriends were really impressed with the little fold-down picnic tables in the back seat, and my buddies were impressed with the Abarth exhaust system Dad had MidWest Jaguar install in Indianapolis. 51

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English Patient Gary Anderson Bad Dog, Rover At the end of the day, the Rover P6 counts as a “nice try.” It's the equivalent of a brainy kid who's always sick by Gary Anderson Rust in peace S ome of you may find this hard to believe, but I'm the last person to argue that all old British cars—regardless of how quirky or unusual—are collectible. There, I've said it. Just because a car was made by a company that is now out of business, was trimmed in leather and wood, and stood out from the crowd when new, doesn't make it valuable today. How else can you explain the innovative Rover 2000—the basic platform was referred to as the P6 by Rover—introduced in 1963 with a 4-cylinder engine, and then upgraded in 1968 with a V8? The SCM Price Guide doesn't even list Rovers, going right from Rolls-Royce to Saab. What does that tell you? The few other price guides that do list this model suggest that it's not worth more than $7,500 in good condition, and that may be optimistic. Granted, there are two clubs for Rover P6s in the United Kingdom (www.p6roc .co.uk and www.p6club.com), but then again, put two or more Brits with a common interest in the same room, and they'll form a club. So what's the problem? After all, when the first 2-liter, 4-cylinder version of the Rover 2000 was introduced in 1963, it was certainly attractive, with smooth lines and quad headlights flanking a small grille that replaced the kennel-gate grille of the P4 “Auntie Rover.” The P6 gestation was as long as an elephant's—Rover sent designer David Bache to France soon after the launch of the Citroën DS19 in 1955, and early prototypes have the rounded DS19 nose. Innovation came with a cost This complete redesign that replaced the Rover P4 had a long list of innovations, including deDion rear suspension with inboard disc brakes (one of the first cars to have disc brakes on all four wheels). The P6 was built around a unibody chassis, but the aluminum external panels were unstressed and most could be removed and replaced like those of the Citroën DS. In addition, the car incorporated revolutionary safety features, such as standard seat belts and safe interior trim pieces. The engine was also designed to be driven below the firewall in the event of a head-on crash. Perhaps all these factors accounted for extensive police use. The engine used in the first version of the P6 was designed specifically for the car. It had an overhead camshaft layout with the combustion chambers cast into the 52 piston crowns. However, as innovative as this design was, it only put out 104 horsepower, so for 1966, Rover introduced the 2000 TC, which had a redesigned top end and twin SU carburetors. The improvements added 20 more horsepower, and the car had some successes in rally competition. Unfortunately, all of this innovation came at a cost: Customers didn't appreciate the technical niceties and instead noted how the rear suspension reduced trunk space significantly, so that the spare either occupied most of the space or—optionally—was fitted on the trunk lid, which was considerably inconvenient. Even though North American market cars were fit- ted with a variety of features, such as the Icelert sensor on the front bumper that flashed a red light on the dash when the road temperature dropped below freezing, they couldn't attract a customer base. The innovative features also brought a host of me- chanical problems that required a mechanic's intervention. Rover-trained mechanics were scarce in North America, and while 327,808 P6s were sold in ten years of production from 1963 to '73, few came to the U.S., and running survivors are as rare as running DS19s. By 1968, it was clear the 4-cylinder engine was not competitive in a heavy four-door sedan, so Rover, now a part of the Leyland combine, installed the Buick aluminum V8, the rights to which it had acquired from General Motors. Rover 3500S introduced with fanfare That extra space in the P6 engine compartment, thanks to the horizontal front springs, made the upgrade easy, and the Rover 3500S was introduced with great fanfare. Sports Car Market

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In the United States, the new model was even recognized by Road Test magazine as “among the best-engineered cars produced in the automotive world today.” However, any pride over this was followed by a fall 1970 Road & Track magazine survey of Rover 2000 TC owners. To be fair, the 100 owners hated their dealers more than the car (32% rated them as “poor”), but the only dealers who trailed them in R&T surveys sold Triumphs, Jaguars, and Corvettes, so there's little consolation. There were 24 problem areas (Fiat scored 15!). Main issues were: speedo/odo—43%; starter—32%; tires—30%; gearshift—28%; clutch—28%; cooling system—25%; spark plugs—22%; alignment—21%. As a bitter footnote, the sole owner who had reported no problems (at 8,000 miles) wrote to R&T in 1971 (at 63,000 miles) to report all but one of the 24 problems and to conclude bitterly that none of the Rover dealers in the Bay Area would take his car in trade. Today, preserved examples of the 3500 that survived the demand for their V8 engine among rebuilders of Range Rovers are the most desirable model in the P6 family (if a classic car selling for $7,500 can be called desirable). There were also between 160 and 170 Crayfordbodied station wagons and one or two convertibles by Panelcraft in the U.K. and Graber in Switzerland, but there's a distinction between curiosity and collectible, and they come down on the wrong side of that line. After the 1971 model year, during which Rover of- fered one of the largest rebates—$6,000—offered by an automotive manufacturer, the company withdrew the P6 sedan, keeping its U.S. dealers alive with Land Rovers. Of the 79,057 3500 sedans produced from 1968 to '77, perhaps 2,000 came to the U.S., and a handful survive. Sadly, no 5-speed 3500S was sold in the U.S. In the rest of the world, the 2000 was upgraded to a 2200 model in 1973, and the 3500S continued to be available into 1977. In 1980, Rover made one more stab at the U.S. market with the daring (for them) 3500 hatchback, powered by the 133horsepower Rover V8 engine, which was coupled to a 5-speed transmission and sold through Jaguar dealers. Crippled by poor construction quality from the start, only 481 of these cars were sold in the U.S., so finding one these days is difficult. And most likely unrewarding, anyway. Sterling qualities unremarkable Let's not even mention the Sterling, a joint venture between Honda and Austin- Rover that was sold in the United States from 1987 to 1990 and is an orphan with a capital O. The V8 3500S engine is easy to maintain and parts are readily available, in contrast to the difficulties of dealing with the complex 4-cylinder engine, but those attributes just make the 3500 an attractive donor car for Range Rover restorations. So perhaps we should just say, “rust in peace” when we think of any Rovers after the P4s. The Auntie Rovers of the 1950s and '60s are probably the best way of remembering this company, now dead and buried after the Chinese buyers recently rifled the British plant of its machinery. At the end of the day, the Rover P6 falls into the “nice try” category. It's the equiva- lent of a brainy kid who may be smart but lacks charm. The P6 also suffers from the “Peugeot syndrome”; that is, cars that seem to have proven records in countries with no roads at all, but won't start if it rains. To wit: P6s were campaigned energetically in everything from the Monte Carlo Rally to the East Africa Safari Rally in the 1960s with some success. You can imagine owners asking, “If the car is so damn tough, how come little stuff goes wrong all the time, when all I want to do is go to work?” Rover never managed to find the answer to that fundamental question, for the P6 or even succeeding models. And consequently, Rover is no more. ♦ June 2008 53

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Etceterini & Friends Profile 1935 Alfa Romeo 6C 2300 Pescara Spyder “La bella figura” means presenting the best face to the world. Mussolini wore tailored uniforms and was equally attentive to his cars by Donald Osborne Details Years produced: 1934–35 Number produced: 60 Original list price: 70,000 lira ($3,800)—chassis only SCM Valuation: $150,000–$250,000 (all special coachwork) Tune-up cost: $500 Distributor caps: $500 Chassis #: Right rear frame rail above wheel Engine #: Left rear engine mount Club: Alfa Romeo Owners Club Gum Tree Lane, Fallbrook, CA 92028 More: www.alfaclub.org Alternatives: 1935 Bugatti Type 57 Stelvio, 1935 Delahaye 135M Cabriolet, 1936 BMW 328 SCM Investment Grade: B Comps Chassis number: 700635 B y the early 1930s, Alfa Romeo was accumulating silverware and losing money in seemingly equal measure. It was rescued by the state-backed I.R.I. (Institute for Industrial Reconstruction). To attract new customers while maintaining the marque's sporting credentials, the 6C 2300 was launched at the 1934 Milan Motor Show. Successor to the iconic 6C 1750 and stopgap 6C 1900, it was powered by a clean-sheet 2,309-cc DOHC straight-6 engine available in three states of tune, the most powerful of which developed 95 hp at 4,500 rpm. To celebrate its victory in Pescara's Targa Abruzzo and Coppa Acerbo, Alfa Romeo sanctioned the production of just 60 6C 2300 Pescara chassis, all of which shared the same 2,925-mm wheelbase and potent twin carburetor engine. Chassis 700635 was supplied new to Benito Mussolini on August 10, 1935. A long-term supporter of the Milanese marque, who once described it as a “national jewel,” the fascist dictator owned twelve Alfa Romeos. His chauffeur and confidante, Ercole Boratto, was an ex-Alfa Romeo test driver, who said that Mussolini “adored machines, especially motor cars and parading about in them. He loved to be recognized by the people and to be noticed principally by the female sex.... If by 54 chance some young thing caught his eye, he was quite capable of taking the same street several times in succession so as to pass by the target woman.” The bodywork fitted to chassis 700635 did not have an easy genesis. Bereft of any bulletproof glass or armor plating, the Spyder was initially rejected by Mussolini, not because it lacked such protective measures but due to the absence of a rumble seat. Rarely without his chauffeur, Il Duce perhaps felt the need to accommodate any “target women” he might encounter. To raise the height of the car's rear deck to integrate the new due posti dietro seating, the spare was made almost flush with the bodywork, the fuel tank was repositioned, and the rear wings reshaped to fit a discreet fold-away step. The bonnet was altered so that cooling vents ran horizontally rather than vertically, giving the impression of greater length. Mussolini was delighted with the result and duly paid 50,000 lira—something of a discount on its true cost. The only open 6C 2300 of a quartet entered for the 1936 Mille Miglia, chassis 700635 was piloted by Boratto and Guido Mancinelli. The duo finished a strong 3rd in the over 2-liter unsupercharged class and 13th overall. Reconfigured as a road car, the Pescara remained in Il Duce's possession until November 1939. Bought back 1934 Alfa Romeo 6C2300 Aero Pillarless Saloon Lot# 289, s/n 710645 Condition 1 Sold at $214,200 Bonhams, Monte Carlo, MCO, 5/16/2005 SCM# 38546 1933 Alfa Romeo 8C 2300 Monza replica Lot# 547, s/n 2211083 Condition 2 Sold at $907,500 RM, Monterey, CA, 8/17/2007 SCM# 46319 1931 Alfa Romeo 6C 1750 Spyder Lot# 167, s/n 6C10814356 Condition 4 Sold at $946,000 Gooding, Pebble Beach, CA, 8/18/2007 SCM# 46542 Sports Car Market Photos: H&H Auctions

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by Alfa, chassis 700635 then passed to a lesser Fascist Party official. Hidden away at the end of World War II, it was acquired from his relatives in 1972. Still highly original, it was treated to a mechanical overhaul and took part in the Mille Miglia retrospective before entering the current ownership during May 1995. After several years, it was restored by Dino Cognolato. As a just reward for the meticulous care and attention to detail that went into the rejuvenation, the Pescara placed second in class at the 2005 Pebble Beach concours. As far as we are aware, chassis 700635 is the only first-generation 6C 2300 Pescara to have been bodied as a Spyder by Touring. SCM Analysis This car sold for $1,079,681, including premium, at the H&H Cheltenham Racecourse sale in England on February 27, 2008. Royalty, dictators, and other absolute rulers are often connected with fancy cars. Whether the Shah of Iran, “Baby Doc” Duvalier, the Aga Khan, Hitler, Stalin, or Mussolini, the automobiles associated with them are always the subject of interest, even if sometimes fairly morbid in nature. Like other “celebrity” motoring relationships, it does make a difference if the ruler in question was actually a “car guy.” Mussolini was by all accounts an enthusiast A car known to have been owned and driven by Steve McQueen has usually brought a premium over a “civilian” car of the same make and model. Conversely, since Elvis Presley was known to have purchased many cars but to have driven relatively few, the value bump for an “Elvis car” is in some cases surprisingly modest. While Mussolini's partner in crime, Hitler, never possessed a driver's license, the Italian was by all accounts quite an enthusiast. As “Il Duce,” he preferred to be driven rather than to drive, but he was quite particular about the cars he bought and followed contemporary motorsport quite closely. He was of course fortunate that his government, through the I.R.I., had taken over Alfa, as it provided him with a ready source of discounted sports cars. The 6C 2300 is a very good car, too often overshadowed by the better-known 6C 1750 and the extraordinary 8C 2900. Although conceived as an effort by Alfa to increase sales as the Depression widened across the Atlantic and demand for the larger 8C 2300 had fallen, it still presented some important advances. Given a more modern, lighter chassis, and with hydraulic brakes and fully independent suspension in the 1935 6C 2300B, it proved a savior for the company. Alfa sales rose from 489 in 1933 to 689 in 1934, before armament manufacture largely took over in 1935, when sales totaled a mere 91 units. The 6C 2300 was also adapted for racing. What would become the Pescara was based on the GT variant of the 6C 2300, with a shorter wheelbase and an uprated engine, which produced 76 hp vs. the standard 68 hp. When the Scuderia Ferrari team ran a tweaked version of the GT with 95-hp engines and made a 1-2-3 sweep of the Pescara races, it was natural for the street version to be put into production. Only 180 were built, available in the usual assortment of factory-made and coachbuilt sedans, as well as custom coupes, cabriolets, and roadsters. Of those, the cars created by Carrozzeria Touring stand out, with their typical clean styling and excellent detailing. Mussolini's Pescara was the last built before the changeover to the “B” model, so it retained beam-axle suspension and me- chanical brakes. Some say the balance achieved by Alfa designer Vittorio Jano with solid-axle cars was superior to most 1930s independent suspensions, especially in competition vehicles. A stunning restoration “La bella figura” is the uniquely Italian requirement to present the best face to the world. It's no surprise that Mussolini, who carefully chose his tailored uniforms, suits, and hats, was equally attentive in the style of his cars. Chassis 700635 is sleek and well balanced, a masterpiece of Italian design and the gifts of Touring. It's equally well suited for a run in the Mille Miglia or for—as the late, great, Henry Manney would put it—“crumpet catching.” The restoration of this car was stunning, as I quite well recall spending an inordinate amount of time drooling over it at the 2005 Pebble Beach Concours. H&H estimated this car to sell in the range of ₤600k to ₤800k ($1.17m–$1.5m), and it had failed to sell earlier in the month at a different auction venue at a high bid of ₤450,000. In the end, the just over $1 million achieved was impressive enough and by far a world record for the model, clearly into 6C 1750 Zagato territory. This 6C 2300 Pescara has a blend of subtle elegance and sportiness not often encountered, and the bid reflected that. A superbly executed restoration of a rare car with documented period Mille Miglia history almost guarantees value, and a spokesman for H&H didn't put too much of the result down to Mussolini's ownership. That's hard to say, as the car was relentlessly promoted as having been his. Nevertheless, even putting Il Duce aside, it's a great Alfa. ♦ (Introductory description courtesy of H&H.) June 2008 55

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German Profile 1973 Porsche Carrera RS Touring This car's history makes it correctly priced as a race car, although it was delivered in Touring trim by Jim Schrager Details Years produced: 1972–73 Number produced: 1,580 (Touring and Lightweight) Original list price: $16,500 approx. SCM Valuation: $250,000–$300,000, without racing provenance Tune-up cost: $350 Distributor cap: $18 Chassis #: On horizontal bulkhead under front hood Engine #: Stamped into alloy block just right of cooling fan Club: Porsche Club of America 5530 Edgemont Dr. Alexandria, VA 22310 More: www.pca.org Alternatives: 1973–76 Lancia Stratos, 1965–67 Alfa Romeo GTA, 1967–72 Alpine Renault A110 SCM Investment Grade: A Comps Chassis number: 9113601115 T his Porsche 2.7-liter Carrera RS, a left-hand “Touring” model delivered in Light Ivory, was supplied new to private owner Bernard Dulcy, who had previously raced Renault Dauphines and Alpines from 1961 to 1966. With his regular co-driver Jean-Francois Bagarry, the French privateers drove their new Porsche in a number of road events, including the 1975 and 1977 Monte Carlo Rallies (3rd in group in 1975), the Acropolis four times from 1975 to '79 (1st in group in 1975), the 1975–76 Polish Rallies (1st in group both 1975 and 1976), the 1976 Rally of Portugal, the East African Safari of 1978, the 1978 Rumanian and Tour of the Mediterranean events (1st in group for both events), and the 1979 Ivory Coast Rally. In the days when privateers like Dulcy and Bagarry conducted much of their own servicing without a fleet of service vehicles and mechanics in tow, crew and car impressively collected six class awards on 14 World Championship and major European events in four seasons. In completing the long 35.5-kilometer St. Barthélémy to St. Michel les Portes special stage in 3 minutes 53 seconds during the 1975 Monte Carlo Rally, this RS achieved the fifth fastest time overall behind such legends as eventual winner Sandro Munari (Lancia), Jean-Pierre Nicholas (Alpine) and the Fiats of Marku Alen and Hannu Mikkola (the latter co-driven by the now-famous executive director of the Ferrari F1 team, Jean Todt). Among the many press clippings on file, one records 56 a most dramatic arrival for the 1978 East African Safari after the Telfair Pioneer freighter transporting their Porsche had been held up for several days at Mogadishu by the Ogaden war. With the ship unable to dock at Mombasa until the night before the rally and their car not offloaded by crane until 2 am, the intrepid crew was faced with a frantic dash during the early hours to reach Nairobi just in time to make the start. Following retirement from competition in 1979 and a period of careful preservation at Dulcy's Avignon home, in 1992 a sensitive restoration was completed by the body shop of Frank Alesi, father of former F1 driver Jean Alesi. As photographs in the history file record, much of the original body shell was retained, although the bonnet panel was renewed and lightweight-type bumpers were fitted prior to the car being repainted as currently presented in Grand Prix White with Signal Red Carrera RS graphics. The interior is also currently to factory “lightweight” style, as are the carpets, while a pair of high-back competition seats trimmed in black cloth and an alloy competition steering wheel have also been fitted. The car currently sits on period-correct Fuchs alloy wheels—7˝ x 15˝ in the front and 8˝ x 15˝ in the rear—with polished lips and painted centers. An additional set of four similarly finished alloys of 6˝ x 15˝ and 7˝ x 15˝ are included with the car, as are the original driver's seat, belts, steering wheel, and several period Cibié lamps. The RS engine first fitted to the car, number 6631092, 1973 Porsche Carrera RS Touring Lot# 471, s/n 9113600866 Condition 2 Sold at $271,000 Bonhams, Carmel, CA 8/17/2007 SCM# 46391 1972 Porsche 2.7 Carrera RS prototype Lot# 29, s/n 9113600012 Condition 3+ Sold at $334,000 Christie's, Monterey, CA, 8/17/2006 SCM# 42513 1973 Porsche Carrera RS Lot# 4597071911, s/n 9113600578 Condition 1Sold at $215,000 eBay, 1/21/2006 SCM# 40884 Sports Car Market Bonhams

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was subject to a Porsche factory exchange, hence the Stuttgart-supplied “AT” prefix to the 6630900-numbered motor currently in place. According to the vendor, the exchange occurred during the car's rally career, circa 1976/77. Since then, the engine has been rebuilt. Originally numbered 7831060, the 5-speed RS transmission has the benefit of competition ratios and a limitedslip differential, claims the vendor. When cataloged and road tested recently, it started promptly, the oil pressure reading remained good when warm, the gears engaged correctly, the brakes proved to be very effective, and the car performed strongly. Following the death of the original owner, this still highly original example of what has become one of the most iconic of all collector performance cars passed directly into the hands of his son, Sebastian Dulcy of Cortina, so was thus owned until 2007 by the same family for 34 years. Since 1975, the Porsche has always been maintained by respected marque specialist Michel Baurmet at his Morières les Avignon workshop. Complete with significant competition history file, which contains event and restoration photos as well as period rally plates, this important Porsche, one of the most successful of all privately entered Carrera RS rally cars from the 1970s, would be both eligible and competitive for major post-historic competition today, whether on special stage or circuit. SCM Analysis This Carrera RS sold for $425,575 at the Bonhams Rétromobile sale on February 9, 2008, in Paris, France. To make sense of this significant price, we must first categorize this machine along the single most important axis for any vintage Porsche: street car or race car? While clearly produced as a standard road car, complete with the “Touring” package (known to Porsche anoraks by its official option number, M472), the car as delivered included no options and was painted in the inoffensive color of Light Ivory. But the use this car was put to changed all that, and today it is correctly priced as a race car, even though it was never factory campaigned and was delivered as a street car. One of the reasons this car makes the grade as a race car is because of its spectacular success in road rallies of the day. It is a testament to the drivers and the intrinsic competitive nature of the Carrera RS that these unheralded privateers could perform so well with so little support. Motor swap doesn't matter As a race car, we don't care a whit that its engine has been swapped, that it is painted a different color, or that it is being sold in a different configuration; that is, as a “Lightweight” (option M471) rather than as originally delivered. As to its condition today, it looks to be in great physi- cal and mechanical shape. For some reason, the restorers chose to leave off some of the package of graphics that came with M471 cars when new, including the Signal Red tape stripe that belongs on the front and rear bumpers. The car looks unfinished without these details but it would be simple to rectify. The car retains its original and rare large plastic gas tank, but the space-saver spare is not in place. The original 380-mm steering wheel is included with the package, as are the original non-sport seats. The wheel lips are polished but of course were anodized when new. All this is nit-picking, and mattered not a single iota to June 2008 the bidders, who placed this car at a market-correct price. This one is sure to appreciate with the market in general, and with its special pedigree, will be most welcome in fast European rally events all throughout the Continent. For a vintage Porsche to drive and enjoy at the highest levels, this one would seem hard to beat. ♦ (Introductory description courtesy of Bonhams.) Seat Time Chris Wilson, Perth, West Wilson's RS, s/n 9113600972 Australia: I bought my 911 2.7 Carrera RS, s/n 9113600972, in June 2007. It is one of the 200 lightweight or sports models and was purchased through specialist dealer Maxted-Page in the U.K. At the time I felt I was paying absolutely top dollar for the car, but can now see what all the “fuss is about” and why these cars are so highly thought of. #972 is my tenth 911 and has joined a 911 3.0 RS (replica) that I keep here in Australia to compete in tarmac rallies such as Targa West and Targa Tasmania. In many respects, the 3.0 RS was my benchmark, as this car is built to the limits of the Confederation of Australian Motor Sport (CAMS) regulations here and is in fact a 3.4-liter engine running PMO carburetors and a host of trick components to make it a potential front-running car. As a result, a genuine 35-year-old 2.7 RS had a tough act to follow. But it made my jaw drop when I got the chance to run it in anger at the recent Philip Island Classic meeting in early March. It is so well balanced, so predictable, has amazing brakes with no fade, and great power through- out the range. The wonderful steering lets you know when the front end is biting, and the whole package is just so user friendly that I am simply staggered at what it can do. Over the course of the four races that weekend, my times dropped to within five seconds of the front-running cars—and this was against cars that were highly modified and driven by people far more capable than I. Due to heinous local taxes, I have imported the car to Australia on a one-year bond. I plan to use it in a variety of historic events, including Sandown at the end of the year and hopefully Bathurst early next before exporting it back to the U.K. for use in some of the European touring events. In many respects, I feel I am keeping the flame burning. This car was originally delivered new to a German racing driver who competed with it in 47 events in period, taking several podiums in the process. In the interim, it was extensively raced and rallied, including runs in the Tour Auto and Modena Cento Ore by the previous owner. In short, it has spent its life being lovingly maintained and heartily thrashed by a variety of enthusiastic owners who have fallen for its charms over the years. A good friend of mine is of the opinion that one day these cars will be looked upon with the same sense of awe and respect that is afforded to early Bugattis, due to what they are capable of and just how dominant they were in period. Now, owning and enjoying one, I would not be inclined to disagree. If there is a gripe it is this: With the huge proliferation of RS clones, a genuine RS does not stand out in the crowd and hence lacks the same “sense of occasion” generated by some of the other more exotic contemporary vehicles. I think I can live with that. Matt Frankel, Prescott, AZ: I bought my '73 Carrera RS, s/n 9113600824, about three years ago in the middle of the price climb. I had always wanted one but didn't buy when they were in the $60k–$80k range, so I hustled as the prices rose. The car has been totally restored and came with exhaustive receipts. I found it on eBay, and after not meeting the reserve, I discovered the car was just two hours away. My mechanic (a Porsche specialist) and I went and checked it out thoroughly and it was exactly as represented. I bought it and have never looked back. The most enjoyable thing about driving this car is the balance and the way its light weight is conveyed Frankel's RS, s/n 9113600824 through all one's senses when driving it. It revs without hesitation and is as reliable as any Porsche. The brakes really impress compared to its contemporaries. It is a blast to thrash on the back mountain roads around my home, and it never ceases to entertain thoroughly. This is a driver's car and will never leave my collection. ♦ 57

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Porsche Gespräch Jim Schrager The Time-Traveling Investor To earn 8% over 30 years, that $12,000 “concours” Speedster from 1977 would have to bring $224,000 in 2008 Porsche Gespräch W hat if you could go back 30 years an any Porsche you'd like? What a w make a killing. With what we know we'd know exactly what to buy and for today's great market. Right? Noted below is every 356, 912, and 911 Porsch sale from the September 11, 1977, San Diego Un Take a look at the list and note which ones you wo buy, as the time-traveling automotive investor. 1958 356A Speedster, $6,000 1957 356A Speedster, excellent, $9,900 1955 356 Speedster, concours, $12,000 1957 356A Speedster, concours, $14,000 1961 356B Cabriolet, rebuilt engine, $1,950 1959 356A Coupe, good condition, $2,950 1965 356C Coupe, very fi ne, $5,100 1963 356B Coupe, rebuilt engine, mint, $5,80 1967 912 Coupe, rebuilt engine, $3,500 1968 912 Coupe, new engine, carbs, $4,500 1966 912 Coupe, one owner, $4,700 1966 912 Coupe, new engine/trans, $5,500 1969 912 Coupe, reduced price, $5,900 1968 912 Sunroof, rebuilt engine, alloys, $6,800 1968 912 Targa, rebuilt engine, $8,500 1966 911 Coupe, must sell, $3,100 1969 911T Coupe, rebuilt engine, $5,800 1967 911S Coupe, air, mint, $6,800 1970 911T Coupe, excellent, low miles, $7,400 1970 911E Coupe, European, excellent, $7,650 1970 911T Coupe, Sportomatic, rebuilt, $7,800 What do you see about this list? Can you fi nd the cars that best represent your shot at investment success? Since condition is paramount to value, we'll assume the claimed condition is accurate, even though it is often overstated. Notice that fi ve out of the seven 912s have rebuilt mo- tors. This was a common need for a 912, even when they were still fairly new. Notice also how close the prices were for the 912s and our sample of 911s. Speedster market still just as busy Note that there are as many Speedsters for sale as all the rest of the 356s combined, even though Speedsters are just about 6% of 356 production. Back then, much as today, people seemed to move in and out of Speedsters frequently. Finally, note the rarity of sunroofs in these early cars. Then as now, pre-1973 Porsches with sunroofs were hard to fi nd, with only one on our list of 21 cars. So which provides the best return? With the tremen- dous benefi t of hindsight, can we pick a winner? Using a very simple benchmark, a return over 30 years of 8% with 58 Looking at the values for 912s, ev sche Gespräch Jim Schrager The Time-Traveling Investor To earn 8% over 30 years, that $12,000 “concours” Speedster from 1977 would have to bring $224,000 in 2008 Porsche Gespräch W hat if you could go back 30 years an any Porsche you'd like? What a w make a killing. With what we know we'd know exactly what to buy and for today's great market. Right? Noted below is every 356, 912, and 911 Porsch sale from the September 11, 1977, San Diego Un Take a look at the list and note which ones you wo buy, as the time-traveling automotive investor. 1958 356A Speedster, $6,000 1957 356A Speedster, excellent, $9,900 1955 356 Speedster, concours, $12,000 1957 356A Speedster, concours, $14,000 1961 356B Cabriolet, rebuilt engine, $1,950 1959 356A Coupe, good condition, $2,950 1965 356C Coupe, very fi ne, $5,100 1963 356B Coupe, rebuilt engine, mint, $5,80 1967 912 Coupe, rebuilt engine, $3,500 1968 912 Coupe, new engine, carbs, $4,500 1966 912 Coupe, one owner, $4,700 1966 912 Coupe, new engine/trans, $5,500 1969 912 Coupe, reduced price, $5,900 1968 912 Sunroof, rebuilt engine, alloys, $6,800 1968 912 Targa, rebuilt engine, $8,500 1966 911 Coupe, must sell, $3,100 1969 911T Coupe, rebuilt engine, $5,800 1967 911S Coupe, air, mint, $6,800 1970 911T Coupe, excellent, low miles, $7,400 1970 911E Coupe, European, excellent, $7,650 1970 911T Coupe, Sportomatic, rebuilt, $7,800 What do you see about this list? Can you fi nd the cars that best represent your shot at investment success? Since condition is paramount to value, we'll assume the claimed condition is accurate, even though it is often overstated. Notice that fi ve out of the seven 912s have rebuilt mo- tors. This was a common need for a 912, even when they were still fairly new. Notice also how close the prices were for the 912s and our sample of 911s. Speedster market still just as busy Note that there are as many Speedsters for sale as all the rest of the 356s combined, even though Speedsters are just about 6% of 356 production. Back then, much as today, people seemed to move in and out of Speedsters frequently. Finally, note the rarity of sunroofs in these early cars. Then as now, pre-1973 Porsches with sunroofs were hard to fi nd, with only one on our list of 21 cars. So which provides the best return? With the tremen- dous benefi t of hindsight, can we pick a winner? Using a very simple benchmark, a return over 30 years of 8% with 58 Looking at the values for 912s, ev tal tal ownership costs (maintenance, t you paid. So that $12,000 “concours” edster would have had to sell in 2007 a bit more than $207,000. Sell ? You'll need to get $224,000. If you ht it in the better Speedster at $14,000, need to have netted $242,200 in ; for 2008, $261,300. Just too new to be valuable che Gespräch Jim Schrager The Time-Traveling Investor To earn 8% over 30 years, that $12,000 “concours” Speedster from 1977 would have to bring $224,000 in 2008 Porsche Gespräch W hat if you could go back 30 years an any Porsche you'd like? What a w make a killing. With what we know we'd know exactly what to buy and for today's great market. Right? Noted below is every 356, 912, and 911 Porsch sale from the September 11, 1977, San Diego Un Take a look at the list and note which ones you wo buy, as the time-traveling automotive investor. 1958 356A Speedster, $6,000 1957 356A Speedster, excellent, $9,900 1955 356 Speedster, concours, $12,000 1957 356A Speedster, concours, $14,000 1961 356B Cabriolet, rebuilt engine, $1,950 1959 356A Coupe, good condition, $2,950 1965 356C Coupe, very fi ne, $5,100 1963 356B Coupe, rebuilt engine, mint, $5,80 1967 912 Coupe, rebuilt engine, $3,500 1968 912 Coupe, new engine, carbs, $4,500 1966 912 Coupe, one owner, $4,700 1966 912 Coupe, new engine/trans, $5,500 1969 912 Coupe, reduced price, $5,900 1968 912 Sunroof, rebuilt engine, alloys, $6,800 1968 912 Targa, rebuilt engine, $8,500 1966 911 Coupe, must sell, $3,100 1969 911T Coupe, rebuilt engine, $5,800 1967 911S Coupe, air, mint, $6,800 1970 911T Coupe, excellent, low miles, $7,400 1970 911E Coupe, European, excellent, $7,650 1970 911T Coupe, Sportomatic, rebuilt, $7,800 What do you see about this list? Can you fi nd the cars that best represent your shot at investment success? Since condition is paramount to value, we'll assume the claimed condition is accurate, even though it is often overstated. Notice that fi ve out of the seven 912s have rebuilt mo- tors. This was a common need for a 912, even when they were still fairly new. Notice also how close the prices were for the 912s and our sample of 911s. Speedster market still just as busy Note that there are as many Speedsters for sale as all the rest of the 356s combined, even though Speedsters are just about 6% of 356 production. Back then, much as today, people seemed to move in and out of Speedsters frequently. Finally, note the rarity of sunroofs in these early cars. Then as now, pre-1973 Porsches with sunroofs were hard to fi nd, with only one on our list of 21 cars. So which provides the best return? With the tremen- dous benefi t of hindsight, can we pick a winner? Using a very simple benchmark, a return over 30 years of 8% with 58 Looking at the values for 912s, ev tal ownership costs (maintenance, t you paid. So that $12,000 “concours” edster would have had to sell in 2007 a bit more than $207,000. Sell ? You'll need to get $224,000. If you ht it in the better Speedster at $14,000, need to have netted $242,200 in ; for 2008, $261,300. Just too new to be valuable even even the lowest priced one at $3,500 would have to be sold today for $60,550, about three times what a nice 912 sells for. Step up to the special 912 with a sunroof at $6,800? You'll need to get about $116,000 today to make your benchmark 8%. It's pretty much the same for 911s. Most of them are just too new to be valuable. Notice the 1970 911T Sporto Coupe? I bought an identical car in California in 1984, after concours paint and full rebuild, for $6,500. Hardly a good investment for the original owner, and the Sporto surely didn't help. Today, if in excellent (but not mint) shape, it would sell for about $25,000. As a car, it was great. As an investment, it was horrible for its fi rst 15 years and not much better for its second 15. If you picked the 1961 356B Cabriolet, you'd be right on the numbers, but my guess is the condition was only fair and you'd have spent a small fortune—at the time or later—putting it in top condition. If you spent just $8,000 to fully restore the car in the late 1970s, you'd have needed to get over $170,000 for it in 2007. Possible, but not likely. How about the 356A Coupe? They have appreciated solidly in the past ten years. Again, the condition is the big equalizer, and if you had to restore it, you'd be buried quickly. Not well known was the existence of a small band of individuals “importing” Porsches from the rust belt into California to supply the demand for used 356s. So there is a chance a car like this needed major work. It's not likely it would be a winner. How can you win in vintage Porsches? Perhaps the 1967 911S would work. I recently heard of a superb original '67 S sunroof selling for $100,000, but it was an exceptional example. How'd we do with hindsight in our list from San Diego? We'd need about $117,000 for the 1967 S advertised above, if we spent no money on major work over the 30 years. If you can't pick a single car from 30 years ago and make it a winner, how the heck can you win at investing in vintage Porsches? One important lesson from history: It has been the factory race cars that have been the big gainers. These cars from the classifi eds were all road cars. Another lesson is that the rate of price changes in vintage Porsches is anything but constant. Porsche prices accelerate strongly at times, can fl at line, and do actually go down. Think about that as you consider the “investment quality” of what you own. Or better yet, invest in fi nancial instruments and enjoy your Porsches... as cars.♦ Sports Car Market surance and storage) of $500/year for e fi rst ten years, $750/year for the next n, and $1,000/year for the last ten, we n see which cars make the grade. Those costs seem quite conservative, in some years, the entire accrual may used for regular repairs; in all cases, uilds or restorations would have to be ed on top of these minimal expenses. To earn 8% and pay for those costs, r 30 years, you would have had to oba price in September 2007 of 17.3 times

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American Profile Edsel Ford's 1934 Model 40 Special Speedster A determined, wealthy collector slugged it out with Ford family representatives, resulting in the $1.76 million price by Ken Gross Details Year produced: 1934 Number produced: 1 Original list price: NA (concept car) SCM Valuation: $1.76m on this date Tune-up cost: $75–$100 Distributor cap: $14.95 Chassis #: Front left frame beside engine and on clutch housing Engine #: Same locations (same number) Club: Early Ford V8 Club of America PO Box 1715, Maple Grove, MN 55311 More: www.earlyfordv8.org Alternatives: 1954 Oldsmobile F-88, 1954 Pontiac Bonneville Special, 1941 Chrysler Thunderbolt SCM Investment Grade: A Comps Chassis number: FLA15512 A s president of Ford Motor Company from 1925 until his untimely death in 1943, from cancer and undulant fever, Edsel Bryant Ford had a considerable influence on Ford styling, first with Lincoln, then with the 1928 Model A, the 1932 Ford, and models that followed. He oversaw the design of the first Mercury cars and initiated the Lincoln Continental. A true enthusiast, Edsel's personal automobiles ranged from Model T speedsters to a Stutz, a Bugatti, and a Hispano-Suiza. An accomplished artist who took art lessons all his life, Edsel Ford studied design and styling—issues that didn't interest his Puritanical father. Henry Ford's nofrills styling emanated from Ford's ultra-conservative engineering department, but Edsel established Ford's first design group and chose E.T. “Bob” Gregorie to run it. Gregorie, who'd worked briefly at Harley Earl's General Motors Art and Colour studio, was an accomplished “sketch artist” and adept at translating his boss's visions into reality. Edsel Ford and Bob Gregorie began their collabora- tion in 1932. Gregorie had been a draftsman at Lincoln and could quickly transform Edsel's ideas from two dimensions to three. After Edsel returned from a 1932 European trip, he asked Gregorie to design and supervise the construction of a “sports car” like those he'd seen on the Continent. The result was a boattail speedster on a '32 Ford chas- sis. It was a smart-looking runabout with styling cues that foretold the 1933 Fords, but Edsel wanted a more 60 streamlined creation. In 1934, Gregorie sketched several alternatives, built a 1:25-scale model, and tested it in a wind tunnel in Ford Aviation's Air Frame Building. To achieve the dramatically low silhouette Edsel wanted, Gregorie reversed the stock '34 Ford frame's rear kick-up and welded it back upside down so the frame rails passed under the rear axle. He also moved the front axle forward ten inches. The Ford Air Frame team fabricated a topless, two-pas- senger, boattailed aluminum body with a sharp V-grille and cut-down doors, mounted on tubular framework. Ford Tri-motor aircraft “wheel pants” were made into cycle fenders. The speedster's stock wire wheels were covered by custom wheel discs. Painted Pearl Essence Gunmetal Dark (which Edsel favored), with a gray leather interior and an engine-turned instrument panel, the 2,400-lb Speedster was powered by a stock 75-hp Ford Model 40 V8, with straight exhausts that ran through a section of the frame. Custom bucket seats and a three-spoke steering wheel rounded out a remarkably integrated design. Canted louvers matched the angle of the grille and the rakish windscreens. The frame was hidden under a tapered valance that was attached to the alloy body with rivets, a vestige of this car's aircraft construction. More custom touches included twin Brooklands screens, a louvered alligator hood, low-mounted, fairedin headlights, a fully enclosed radiator with no radiator cap or ornamentation, no brightwork, and no running boards—styling features that would not appear on production Fords for years. 1954 Pontiac Bonneville Special Lot# 1304, s/n NA Condition 1- Sold at $3,024,000 Barrett-Jackson, Scottsdale, AZ, 1/14/2006 SCM# 40464 1954 Oldsmobile F-88 Lot# 992, s/n E54S003701 Condition 1- Sold at $3,240,000 Barrett-Jackson, Scottsdale, AZ, 1/26/2005 SCM# 36957 1941 Chrysler Thunderbolt Lot# 140, s/n 7807976 Condition 2 Sold at $1,320,000 RM, Phoenix, AZ, 1/18/2008 SCM# 49585 Sports Car Market Photos: RM Auctions

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According to author Jim Farrell, “Mr. Ford took title to the car personally, liked the way it handled, and was generally pleased with its design.” As he had done with his first Speedster, Edsel stored the trim two-seater in an unheated shed on his Fair Lane estate. Unfortunately, a sudden freeze in the winter of 1939–1940 cracked the engine block, so a new 1940 Mercury V8 was installed. The enclosed sheet metal below the radiator partially blocked the flow of air, and the Speedster had a tendency to overheat. Gregorie shortened the upper grille and fabricated a new horizontal lower grille with matching bars, flanked by large headlights. No top was ever designed for the Speedster. After Edsel Ford died in 1943, the second Model 40 Speedster, one of six cars in his estate, was driven to Miami, Florida, then to Atlanta, Georgia, where it was sold for $1,000. In 1947, the owner shipped the Speedster to Los Angeles and an ad appeared in the May 1948 issue of Road & Track. It read: “Priced reasonably at $2,500” “Especially constructed Ford chassis. Aluminum body built for Edsel Ford. Now powered with special Mercury Engine. Priced reasonably at $2,500. COACHCRAFT, LTD, 86 Melrose Ave, Los Angeles, Calif.” Apparently, the Speedster did not sell; $2,500 was a lot of money in 1948. Four years later, the Speedster reappeared in Auto Sport Review, photographed in Hollywood with an aspiring actress named Lynn Bari. Then it went back into storage until 1957, when it was driven back to Georgia. In January 1958, registered as a 1940 “Ford custom-built speedster,” it was offered for sale on the Garrard Import used car lot in Pensacola, Florida. Not long afterward, the Speedster was purchased for $603 by John Pallasch, a U.S. Navy sailor, who drove the car home to Sebring, Florida. By now, the Speedster was painted red with matching red leather upholstery. Pallasch claimed he could “bury the speedometer at 120 mph.” He reportedly drove the car for a while before disassembling it in 1960 for an engine rebuild. Then Pallasch shipped out for Vietnam. On his return in the late 1960s, he found the engine had seized. The car remained apart and in storage for nearly 40 years. In 1999, Bill Warner, founder of the Amelia Island Concours d'Elegance, was searching for the Edsel Speedster for a special display. Warner had read an article in Special Interest Autos that told the story of Edsel's three roadsters, and noted that all had dropped out of sight. The last owner of the 1934 Edsel Speedster was listed as Earl Pallasch, in Deland, Florida. Warner called then-SIA Editor Mike Lamm, who helped locate John Pallasch, who said his father had passed away. Invited to bring the car to Amelia Island, Pallasch replied that it hadn't run for years, and he wanted to sell it. Warner hitched up a trailer and immediately drove to Deland. Sitting in the Pallasch garage, dusty and forlorn, covered with junk and tin cans, the long-lost Speedster was complete except for its custom wheel discs. The car's odometer read just 19,000 miles. Stopped by to show it to the designer Warner wrote Pallasch a check on the spot and hauled his discovery away. “I decided to show the Speedster to Bob Gregorie (who was then 91 and living in St. Augustine) on the way home,” said Warner. “Mr. Gregorie came out of his house, smiled, and ran his hands over the surface of the car. “I haven't seen it since 1940,” he said. “The old girl still looks pretty good for her age.” Although he considered restoring the Speedster to its first iteration, with narrowed V-grille and Pearl Essence Gunmetal finish, Warner decided to preserve the car's patina. “It was prettier with the front end that was designed in 1934,” he said, “but the 1940 grille was original. It would have been a travesty to restore it.” So Warner rebuilt the Speedster's Mercury V8, touched up the body, and repainted the fenders. Al LaMarr replicated the aluminum wheel discs. Bill Warner's crew removed a set of finned Edelbrock high-compression heads that were on the engine, because they rubbed on the inside of the hood, lending credence to the theory that the Mercury engine was modified when the car was in Hollywood, not Dearborn. Warner believes the car's red paint was hastily applied when it was used in a movie (and if anybody can name the film, he'd love to hear from you). The well-preserved Speedster still has fewer than 21,000 miles on the odometer. A few years ago, at the Meadow Brook Concours d'Elegance, Bill Warner allowed me to drive the Speedster. I was surprised at the car's peppy acceleration, and enjoyed the visceral rap of the un-muffled exhausts. The gearshift is a 3-speed, floor-mounted setup with a handle that extends out from under the dash. You sit low in the narrow cockpit, and can actually watch the front tires and fenders as they respond to the changing road surface. The steering is a tad lazy, in a characteristic early Ford V8 way. There's virtually no cowl shake, and the overall ride, cushioned by the car's extended wheelbase, is pleasantly firm. The Speedster sits much lower than a typical '34 Ford roadster, and its long, stylish hood stretches forward like a 1930s classic. Even with its “push and pray” mechanical brakes, Edsel's Speedster remains a stylish performer. June 2008 61

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American Profile SCM Analysis Edsel Ford's long-lost Model 40 Special Speedster sold for $1,760,000 at RM's Automobiles of Amelia sale on March 9, 2008. Before we begin a discussion of the market value of this car, first a disclosure. I was hired by RM to write the catalog description of this car; however, I was not involved in any way in the actual sale of it. Discovered by Amelia Concours founder Bill Warner, Edsel Ford's Speedster was shown at Meadow Brook and Pebble Beach, and displayed at the 1932 Ford 75th Anniversary Show at Pomona in January 2007. Though this is a one-of-a-kind from the early 1930s, it's clear from records that Ford and the car's designer, Bob Gregorie, considered a limited production run. But the uncertain sales climate at Ford Motor Company during the Depression, not to mention Henry Ford's personal bias against “frivolous” transportation, rendered this notion impossible. This car has provenance, rarity, high style, even limited utility for the occasional vintage car show or road event. I applaud the decision not to restore it. With the exception of a repaint half a century ago, it remains almost exactly the way it was modified by Bob Gregorie's Ford Aviation team. Arguably, Edsel's Speedster belongs in the Ford family or in the Henry Ford Museum, but RM's promotional plan included catalog coverage, stories in other periodicals, as well as alerting prominent collectors, practically guaranteeing a sevenfigure sale price. More expensive today than last year Ironically, the Speedster could have been purchased last year at less than the final bid. But the heady combination of bidder interest, culminating with a determined collector and Ford family representatives slugging it out, resulted in the $1.76 million price. Edsel Ford's Speedster is going to Houston to become part of the colossal John O'Quinn Collection. The inevitable dilemma about whether to restore a car like this or simply preserve it really doesn't apply. The car's originality and weathered state are an essential part of its appeal. As far as value is concerned, consider this: Edsel Ford commissioned just three Speedsters over a four-year period. The first of these rare cars recently surfaced in very poor condition, with its unique fenders missing. The third, and least attractive, has been out of sight for 56 years and is feared irrevocably lost. I'd imagine John O'Quinn is a happy man having landed the best of the lot. While $1.76 million is a large sum of money for a custom-built car with humble Ford V8 origins, this car's famous first owner, well-documented history, stunning good looks, and its fine state of preservation make it impossible to duplicate. I'd call this well sold, but also well bought. ♦ (Introductory description courtesy of Ken Gross for RM Auctions.) 62 Sports Car Market

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Domestic Affairs Colin Comer Trans Am: The Beat Goes On These homologation specials are among the most enjoyable muscle cars— they can actually dance, rather than just run fast 1967 version is desirable for its low production numbers, and great examples bring north of $100,000. Zs from 1968 don't seem to bring the money a good '67 or '69 will; they tend to live around $60,000–$75,000. Strangely, the highest production 1969 Z is to many the most desirable. Great examples with some of the rare factory performance options can bring $125,000. By 1970, Ford's Boss 302 Mustang came back and stole the Camaro's candy, taking back the Manufacturer's Championship and apparently the Z/28's sales. Just over 7,700 1970 Z/28s were sold in its first year of the new body style. Today, these early second-gen Zs are gaining popularity quickly, and prices reflect this. A great '70 Z/28 will be solidly into first-gen money, roughly in the $60,000-range. Pontiac Firebird Trans Am Pontiac took a novel approach to naming their homologa- 1969 Camaro Z/28 F rom humble beginnings, by the late 1960s, the Trans-American Sedan Championship Series grew into one of the most popular events in SCCA history. Conceived as a sedan racing class for production-based cars with a minimum of four seats and engine displacement of between 2 liters and 5 liters, everything from Datsun 510s and Alfa Romeo GTVs duked it out with big American iron. Manufacturers such as GM, Ford, Chrysler, and even AMC jumped at the chance to get their wares in front of literally thousands of spectators from their key pony car-buying demographic. The SCCA was aware of what heated competition between factory-sponsored teams could do to draw (paying) spectators to race tracks, and the factory teams were more than happy to oblige, as winning races on Sunday meant selling cars on Monday. Let's see how the major players compared on the track, in the showrooms, and now: Chevrolet Camaro Z/28 The 1967 Chevrolet Camaro Z28 was the first Trans- Am homologation special to hit the market. With its 302-ci engine rated at 290 hp, it was an honest attempt at a street version of the car GM was racing. A solidlifter cam, 4-speed manual transmission, heavy-duty suspension, 15-inch wheels, quick steering, and the conspicuous absence of comfort options such as an automatic transmission or air conditioning announced it as a serious high-performance street car. They revved like crazy, sounded great, and had a host of high-performance race options available over the counter at the dealer. In competition, the first-year Z finished behind the Ford Mustang in '67, and well behind it in sales, with just over 600 units sold. However, in 1968, the Z/28 was back, and clinching the SCCA Manufacturer's Championship helped sales jump to just over 7,200 cars. In 1969, the Z/28 again grabbed the championship and made another quantum leap in sales, with over 20,000 Z/28s sold. Today, the 64 1969 Firebird Trans Am Sports Car Market tion special option package for the Firebird. The new-for-1969 racer for the street was named the (drum roll, please) Trans Am, used under license from the SCCA for a $5 royalty for every car sold. In an odd twist of fate, the car named after the series couldn't race when Pontiac decided not to build their 303-ci engine and instead fitted 400-ci units, as used in the GTOs. Without meeting the SCCA requirements for a production version of the Trans Am, which were essentially similar to the race car, the 1969 Trans Am became a racer in name only. All was not lost, however, as the street cars had some excellent chassis and suspension tuning by GM engineer Herb Adams, along with a great-looking “any color as long as it's white with blue stripes” exterior treatment. Just 697 were built in '69, and lack of racing provenance doesn't seem to hurt them today, with great 4-speed cars eclipsing Z/28 values in the $100,000–$125,000-range. Second-generation Trans Ams follow along the lines of second-generation Z/28 prices. Ford Mustang Boss 302 One can assume the product planners at Ford were getting an earful in 1968 after GM stole their SCCA title. Ford practically owned SCCA racing up until this time with the A/Sedan and B/Production Mustangs, as well as the T/A cars of 1967 and 1968. So for 1969, they fought back with the Boss 302. Much like the first-gen Z/28s, the Boss 302 was only available with a potent solid-lifter 302 with a 4-speed behind it, and no

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1970 Mustang Boss 302 air conditioning. Ford's 302 had fairly radical, big, canted-valve cylinder heads with huge ports, along with other trick race items like a 6,750 rpm rev limiter. As hard as they tried, Ford still couldn't stop the Z/28 on the track in '69, and certainly not in the showroom, with a little over 1,600 Boss 302s sold. But 1970 saw the Boss 302 winning the SCCA title, although still lagging in sales with just over 7,000 1970s sold. Today, a great '69 brings about $100,000, while a '70 costs roughly 10% less. Plymouth AAR 'Cuda & Dodge T/A Challenger Chrysler entered the game late, as it wasn't until a 1970 SCCA rule change allow- ing production engines to be destroked and/or debored to meet the 5-liter limit made their new 340-ci engine eligible. Using the new-for-1970 E-body pony cars, Plymouth introduced the All American Racers 'Cuda, while Dodge rolled out the T/A Challenger production specials. Both were fitted with the 340-ci “Six Pack” engine, staggered front and rear tire sizes, side-exit exhaust, fiberglass fresh-air hoods, and other “racy” items. Although visually stunning, not even Dan Gurney in his AAR 'Cuda or Sam Posey in his T/A Challenger could get the job done in Trans Am for 1970. Gurney's AAR team finished 5th overall and Posey managed 4th. While brutally fast, the new Chrysler entries 1970 AAR 'Cuda in the Trans Am war lacked development, not to mention the extra years of experience both Chevrolet and Ford had. For 1970, 2,724 AAR 'Cudas and 2,399 T/A Challengers were sold. Today, a prime AAR 4-speed will bring right around $100,000, while a T/A will bring slightly less. So does racing really improve the breed? Judging by the above examples, the answer is a resounding yes. These Trans Am homologation specials are some of the most enjoyable and usable cars from the muscle era, and they can actually dance rather than just run fast. With real American racing history, stable values, great looks, and a racy feel, compared to similarly priced big-block muscle cars, these remnants of SCCA-mandated production requirements offer a ton of bang for the buck. Pick your flavor, find your favorite twisty road on the way to cruise night, and keep the revs up. You may not be Dan Gurney, but you can sure look and sound the part. ♦ With just one glance at her, your eyes light up and a fiery passion overwhelms all your senses. At GrundyWorldwide, we know that the relationship between you and your collector car is one of a kind. With that in mind, we offer one of a kind insurance that is only available through our company. Our Agreed Value policies include UnlimitedMileage, Trip Interruption, Auto ShowMedical Reimbursement, Towing and Labor Expenses, Spare Parts and Inflation Guard. Let us help you keep that passion going strong... WORLDWIDE Call for a fast, accurate quote: 800-338-4005 or log on towww.grundy.com June 2008 400 Horsham Road, Horsham, PA 19044 65

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Race Car Profile Lazenby Lotus 17 Special Jim Clark's future mechanic had to design and build a suitable frame and scavenge everything else he needed. That appears to be what he did by Thor Thorson Details Year produced: 1962 Number produced: 1 Original list price: n/a SCM Valuation: $51,145 on this date Cost per hour to race: $700 Chassis #: unknown Engine #: front right side of block Club: Historic Lotus Register Flitcroft, 13 Astons Road Moor Park, Northwood, Middlesex HA6 2LE More: www.historiclotusregister.co.uk Alternatives: 1958–62 Lola Mk I, 1959–61 Elva Mk 4/5, 1959 Lotus 17 SCM Investment Grade: B Comps Chassis number: DL0262SP H aving created his first special while training as a mechanic with the RAF, it was perhaps inevitable that David Lazenby would embark upon a similar project once he began working for Lotus in 1961. Although he was destined to become Jim Clark's F1/Indy 500 mechanic and later the manager of Lotus Components, Lazenby's initial salary of about $32 per week would not even stretch to a Lotus 7 kit. Determined to build an exciting road car, he convinced Works Manager “Nobby” Clark to part with a surplus Lotus 17 bodyshell, and he then set about fabricating a suitable spaceframe chassis to underpin it. Although influenced by the Lotus 17's overall dimensions, the resultant design was notably stronger. Taking full advantage of his Cheshunt surroundings, Lazenby fitted a Lotus 23-style swaged bulkhead, Lotus 23-style front suspension, Lotus 22 FJ-style rear suspension, and the differential from a crashed Elite. Fitted with a pre-crossflow Ford Cosworth engine allied to an MG A gearbox, the special was painted bright red and road registered as 9584 UR in spring 1962. Some two years later, Lazenby sold the two-seater to Bob Sparshott, who was then part of the Lotus Cortina program. The Special passed through several hands before ending up with Lotus aficionado Alan Brownlee. Rechristened the “Brownlee 17,” the Special became a familiar sight during the 1971, '72, and '73 JCB Sports Car Series. Advertised for sale in 1975, it caught the attention of Belgian doctor Pierre Haverland. As well as the Special, Haverland reputedly persuaded Brownlee to part with the Coventry-Climax FEW engine and gearbox from its then-stablemate, the famous racing Elite DAD 10. The subsequent transplant was performed by Willy Widar. The Special underwent further development at the hands 66 of German Dieter Berg, who raced it for eight years at numerous European historic sports car events. In 2001, the vendor determined to bring things full circle and set about making the car street legal again. Describing the Coventry Climax engine and MG A 4speed gearbox as “raced but OK,” he feels that the rest of the car is in good overall condition. Repainted so as to evoke the “bright red noisy sports car” that Lazenby created, this historic special is offered for sale with two large files of paperwork and MoT certificate. SCM Analysis This car sold for $51,145 at the H&H Auctions sale at Cheltenham Racecourse in England, on February 27, 2008. This is a very cool car, but it's a bit tough figuring out how to approach it. It's not really a Lotus or a 17, though it looks like one and is configured like one. It's not really a vintage racer in the classic sense, though it has been vintage raced and certainly could be again. It was built as a one-off street special, but though it's street legal (in the U.K.), you'd need to be a certified masochist to drive it more than 50 miles on the highway. It sold, however, for roughly a third of what a real Lotus 17 would bring, and assuming it was as well built as it appears to have been, it's a lot better car. Let's start by talking about the inspiration, the Lotus 17. Colin Chapman wasn't always right Though very pretty, the Lotus 17 was working proof that Colin Chapman's ideas about race car design weren't always right. The car was conceived as the successor to the Lotus 11 and as an answer to Lola's suddenly dominant Mk I racer. It was smaller, lighter, and more aerodynamic than the 11, and was the first racing Lotus to utilize a fiberglass body (the Type 14 Elite was fiberglass, of course). 1959 Lotus Elite Lot# 16, s/n 1037 Condition 4 Sold at $40,392 H&H, Duxford, UK, 10/101/2007 SCM# 47243 Sports Car Market 1963 Lotus 23B Lot# 212, s/n 23S50 Condition 1 Sold at $78,296 Bonhams, Chichester, UK, 9/1/2006 SCM# 42998 1959 Lotus Elite Lot# 388, s/n 1165 Condition 3 Sold at $49,450 Bonhams, Sussex, UK, 6/22/2007 SCM# 45873 H&H Auctions

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Chapman and his then-lead designer Len Terry fashioned a tidy little package that was conventional in its layout—a Climax FW engine driving an MG A transmission and a chassis-mounted differential with inboard disc brakes. Rear suspension was independent and utilized the “Chapman strut” arrangement, in use since the Lotus 12 and well proven. So far so good. The problem with the Lotus 17 was at the front. Colin Chapman was brilliant, creative, innovative, and (legend has it) just a little stubborn. When he decided to do something in a certain way, that was it, there was no arguing the point. For the 17, Chapman's bright idea was to adapt the “Chapman strut” to the front. Len Terry emphatically did not think it was a good idea, to the extent that this appears to have been the probable cause of his parting with Lotus and becoming an independent designer. Chapman prevailed, but the resulting suspension proved completely inadequate to the purpose, with the struts both flexing and binding up under racing loads. The Lotus 17 was an immediate failure, with only 23 cars produced and really no period racing success. Ironically, Len Terry started his post-Lotus career by designing a proper double A-arm front suspension that was in turn offered to all owners. The new arrangement “worked a treat” and made the car handle very well, but it was too late, as the competition had moved on to mid-engined designs. The Lotus 17 was quickly forgotten as a failed experiment and has languished until recently, when a few vintage racers figured out how good they really are and have made them a rare but formidable competitor against the Lola Mk Is. A street toy that morphed into a racer By the time Lazenby joined Lotus, close to two years had passed after abandonment of the 17 and Lotus was fully involved with the development of the second generation of mid-engined racers, the Lotus 22 and 23. For a talented fabricator looking to build a street special with no money but with access to the Lotus junk piles and spares room, the 17 would have been a natural place to start. As a front-engined car in a newly mid-engined Lotus world, parts would have been easily available and cheap. They'd have been happy to get a dead Lotus 17 body shell out of the rafters; the engine and MG A transmission would be junkyard items. Differential, hubs, and wheels were old Elite parts, as were at least the rear brakes. Front and rear suspension bits were contemporary production 22/23 pieces, off the shelf and far better than anything the original ever knew. Basically, Lazenby had to design and build a suitably dimensioned frame and scavenge everything else he needed. That appears to be what he did. The car was built as a street toy but quickly morphed into a racer. I can understand this. I've driven Lotus 17s and they're fun, but the fit and comfort level aren't something I could survive long without racing adrenaline to mask the pain. The market seems split on whether this car is street or racer, valuing it a bit high for a street special but at a fraction of what an equivalent sports racer would bring. Part of the problem is its 1962 build date, which by FIA rules makes it race against Lotus 23s, where it wouldn't even be in the hunt. This is a problem for European racing, which is mostly to FIA rules. In the U.S., however, configuration (front engined, skinny tires) tends to trump build date as long as it's a legitimate car, so it could be a fun and effective competitor over here. I'll admit that (though I didn't follow through) I did seriously consider taking a run at this car personally. Brought to the U.S. and with some money spent getting it back into racing condition, I think this car could be a serious contender in what has become a very desirable run group. At half to a third of what an equivalent Lotus or Lola is worth, I would suggest that this car was an undiscovered gem and was very fairly bought. ♦ (Introductory description courtesy of H&H.) June 2008 67

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Market Reports Overview Six Early Spring Sales Total $65 Million Poor weather played a role in many places, and while totals were still strong, most sales struggled to meet last year's numbers by Jim Pickering E arly spring in the collector car world uncovers collectible cars that have been parked since the weather went south in the fall. But Mother Nature is not always kind in the springtime, and this year, bad weather was a significant issue at a number of early sales. As a result (and because of a slightly sluggish market), several events in February and March struggled to match 2007 totals. Contributing Editor Donald Osborne $17,976,715 Sales Totals RM, Amelia Island, FL RM, Ft. Lauderdale, FL McCormick, Palm Springs, CA Barrett-Jackson, West Palm Beach, FL Bonhams, Warwickshire, UK Kruse, Honolulu, HI and “Affordable Classics” guru Rob Sass traveled to RM's sale at Amelia Island, Florida, in early March, where 96 of 105 cars offered found new homes. This year's total of $16.7 million fell short of the $20.4 million realized in 2007, but Osborne noted the final sell-through rate of 91% was up from last year's 89%. High winds and torrential rain pounded the pre-sale activities, which likely turned off some bidders and ultimately limited RM's final numbers. The high sale went to a 1931 Duesenberg Model J convertible coupe at $2.6 million, with Edsel Ford's 1934 Speedster making almost $1.8 million. McCormick's Palm Springs auction in late February also saw wet weather, but it produced more consistent results, with 2008's total close to last year's $4.7 million. Senior Auction Analyst Carl Bomstead reported that the average sale price was slightly higher than at the last Palm Springs sale in November, with 54% of the 471 lots finding $16,724,750 $4,719,120 $1,008,153 $1,100,711 $23,162,095 new homes. Bomstead also traveled to Florida in early February for RM's Fort Lauderdale auction, where 330 of the 455 lots sold for a total of just under $18 million. A variety of vehicles crossed the auction block, including a Derham-bodied Duesenberg and Jimmy Buffett's Nash Metropolitan, but by the end of the weekend, final numbers were down from the $21 million from 339 cars sold here in '07. Up the coast, the slide continued, as Barrett-Jackson's Total Sales Percentages 100% 80% 60% 40% 20% RM, Amelia Island, FL RM, Ft. Lauderdale, FL McCormick, Palm Springs, CA Barrett-Jackson, West Palm Beach Bonhams, Warwickshire, UK 2008 2007 2006 2005 2004 2003 2002 Kruse, Honolulu, HI 68 Sports Car Market

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Kruse International (K) Honolulu, HI, p. 122 McCormick (MC), Palm Springs, CA, p. 82 RM Auctions (RMFL) Ft. Lauderdale, FL, p. 112 total slipped to $23 million from last year's $32 million at its West Palm Beach event at the end of March. Spirits seemed undampened by the weather, reported Auction Analyst Dale Novak, who said that bidders paid up cheerfully to own cars that were, in some cases, just average examples. Novak also noted the absence of high-end vehicles, as in Scottsdale, which suggests that a growing number of consignors prefer the security of a reservebased auction. Across the Atlantic, Auction Analyst Paul Hardiman made his way to the Bonhams Race Retro sale in midMarch. This second annual auction, held in conjunction with the International Historic Motorsport Show, sold 34 cars for a total of just over $1 million. Both racers 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 Barrett-Jackson (BJ) West Palm Beach, FL, p. 90 RM Auctions (RMA), Amelia Island, FL, p. 70 Bonhams (B) Warwickshire, UK, p. 102 street cars rounded out the consignment list, with a 1972 Ford Escort rally car making high sale at $181,685. Final totals fell slightly from last year's $1.2 million, but four more cars sold, raising the final sell-through rate from 65% in '07 to 68% this year. Auction Analyst Phil Skinner took in Kruse International's first-ever Hawaii sale in Honolulu in February, where 47 of the 135 cars offered traded hands for just over $1 million. As this was a new marketplace for Kruse, Skinner reported that one of the largest hurdles the company faced was instructing both the consignors and bidders on the terms and methods of buying and selling at auction. A 1940 Willys street rod topped the sales chart at $75,600, with many other lots finding new homes for under $30,000. Porsches were a source of inspiration for Geoff Archer in his report on recent eBay Motors sales, with some of the best (and strangest) examples ever to come from Stuttgart. Whether it's a top-money 912, a decent-quality 356, or a bright red tractor missing from your garage, if you're an aspiring Porschephile, his report should have just what you're looking for. ♦ Top10 Sales This Issue (Land Auctions Only) 1. 1931 Duesenberg Model J convertible coupe, $2,640,000—RMA, p.78 2. 1931 Bentley 8-Liter tourer, $2,200,000—RMA, p. 72 3. 1934 Ford Model 40 Special speedster, $1,760,000—RMA, p.78 4. 1929 Duesenberg Model J convertible berline, $1,210,000—RMA, p. 78 5. 1958 Mercedes-Benz 300SL roadster, $495,000—RMFL, p.114 6. 1933 Packard Super 8 convertible victoria, $412,500—RMA, p.78 7. 1959 Chevrolet Corvette 283/290 racer, $275,000—RM, p.80 8. 1938 Lagonda LG 6 drophead coupe, $247,500—RM, p. 72 9. 1956 Porsche 356A 1600S speedster, $220,000—RM, p.74 10. 1967 Shelby GT500 fastback, $209,000—BJ, p.98 June 2008 1. 1954 Buick Skylark convertible, $74,800—RMFL, p. 118 2. 1937 Cord 812 SC convertible, $220,000—RMA, p. 78 3. 1934 Ford Model 40 3-Window Custom coupe, $17,820—K, p. 125 4. 1966 Morris Mini Cooper 1275S rally car, $14,886—B, p. 104 5. 1948 Lincoln Continental convertible, $59,400—RMA, p. 80 69 Best Buys

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RM Auctions Amelia Island, FL Automobiles of Amelia The Bentley was understandably the focus of a great deal of interest, and its new owner paid handsomely for the pleasure of its company Company RM Auctions Date March 8, 2008 Location Amelia Island, Florida Auctioneer Peter Bainbridge Automotive lots sold / offered 96 / 105 Sales rate 91% Sales total $16,724,750 High sale 1931 Duesenberg Model J Murphy convertible coupe, sold at $2,640,000 1931 Bentley 8-Liter with original coachwork brought $2.2m Report by Donald Osborne and Rob Sass; photos by Osborne, Sass and Liz Scheffler Market opinions in italics A winter auction in Florida is especially appealing in March, as people eager for the start of spring look to get a head start on the season. For RM Auctions's annual sale at the Amelia Island Concours d'Elegance, it seemed as if mother nature sought a bit of revenge on the snowbirds coming down south for relief. Cool temperatures gave way to torrential rain and strong winds, and the power was knocked out for four hours in the early hours of Friday. The preview, normally held in and around a tent on the lawn adjacent to the Ritz-Carlton hotel, was divided between those cars already placed in the tent on Thursday and the remainder, which were parked in the lower level of the hotel parking garage. In the end, the RM crew stared nature down and won, with bright, sunny skies on Saturday morning for the sale. However, stiff winds occasionally whipped the tents, dramatically reminding us who was in charge. The stars of the sale were all prewar cars, topped by a stunning Murphy-bodied 1931 Duesenberg Model J convertible coupe. Estimated at $1.6 million to $2 million, it sold for a market-right $2.6 million. Not far behind was a contemporary competitor from across the pond in the form of a rare Bentley 8-Liter tourer. As it still had its original body, it was understandably the focus of a great deal of interest, and its new owner paid $2.2 million for the pleasure of its company. Perhaps no lot was more eagerly anticipated than the one-off Ford Speedster built for Edsel Ford, discovered 70 Amelia Island, FL languishing in a Florida garage years earlier by Amelia Island founder and director Bill Warner. With its worn, uneven paint and seats like the proverbial favorite baseball glove, it oozed period charm. No one knew where the bidding would go, but since this is the only one to have, it's safe to say $1.76 million was the right price. Considering its unique nature, it might actually have been a bit of a bargain. Other noteworthy transactions included what must be record amounts raised for a 1962 Fiat Abarth 850TC Nürburgring café racer from the collection of the late Bob Snodgrass, which sold for an impressive $61,600, and the literally unbelievable $68,200 for which a 1985 Daimler DS 420 limo changed hands. A 1966 Shelby GT350 sold for a mid-estimate $165,000, and a beautifully turned-out 1965 Brabham Formula C BT15 was a terrific buy at $44,000. In the interest of disclosure, I must report that I sold my one-off 1950 Crosley-Gardner Special vintage racer at $27,500. Last year, RM sold 91 of the 102 cars on offer Sales Totals for a total of $20.4 million, with three lots selling for over $1 million. In this year's sale, out of a total of $16.7 million, four cars were over the million-dollar mark and two of those broke through $2 million. At a time when some people are concerned about the effects of the equities markets and energy prices on interest in collector cars, it's noteworthy to see such strength at the top as well as the middle of the market. This strength drove the sell-through rate up to 91% from 2007's 89%. The RM Amelia Island sale always offers something for just about all tastes, and if you don't end up buying or selling a car, at least there's that great Florida weather—maybe. ♦ Sports Car Market $5m $10m $15m $20m $25m 2008 2007 2006 2005 2004 2003 2002 Buyer's premium 10% (included in sold prices)

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RM Auctions Amelia Island, FL ENGLISH #256-1913 NAPIER 30/35 Model T44 tourer. S/N 11667. Eng. # 18798. Blue/black canvas/blue leather. RHD. Odo: 81,910 miles. Coachwork by Cunard. Old paint is still shiny in places, but is chipped, cracked, and worn in others. Very good panel fit throughout. Plastic “wicker” appliqué on body sides, good brass trim shows a few small dents and scratches. and fading on left side dash wood. Sliding side windows. Cond: 3+. SOLD AT $148,500. A lovely and rare fastback Airline coupe in great colors. This car wore an older restoration which was still holding up rather well. These cars rarely come to market, so valuing one can be difficult. Given the great eyeball this car had, it was no surprise that it blew through the high estimate of $125k. Interior is at the edge of patina and just sliding into worn. Refurbished in 1966. Cond: 4-. NOT SOLD AT $190,000. This was a good example of the way “restorations” used to be done. Extensively used in VCC events in the U.K., this now carries its wear and use proudly. High bid was much too low for such a rare and usable car, so the seller can't be faulted for taking it home again. TOP 10 No. 2 #263-1931 BENTLEY 8-LITER tourer. S/N YR5076. Eng. # YR1576. Velvet Green/black canvas/dark green leather. RHD. Odo: 44,842 miles. Coachwork by Harrison. Very good panel fit, both right doors tight at top. Well-applied paint shows some subsurface sanding marks, chrome and stainless bright trim have minor scratches on door top pieces. Excellently retrimmed seats TOP 10 No. 8 #264-1938 LAGONDA LG 6 drophead coupe. S/N 12334. Dark green/beige canvas/tan leather. RHD. Odo: 56,046 miles. Very good panel fit, left door out at front edge. Good older repaint shows microblistering, chips at door edges, and some subsurface issues. Good chrome is somewhat faded and has small dents in radiator shell. Well fitted soft top, interior shows a nice patina with nice dash wood. Cond: 3-. SOLD AT $247,500. what Healeys cost to restore versus Ferraris, and at this price, there is a definite upside, as the 100Ms (which are eligible for all the events that 3000s aren't) are the new darlings of Healey collectors. I wouldn't be surprised to see it a year from now in its original white and blue livery, and it'll look well bought then. #236-1963 AUSTIN-HEALEY 3000 Mk II BJ7 convertible. S/N HBJ7L18025. Red/black vinyl/black leather. Odo: 3 miles. Exceedingly fresh, high-quality restoration by marque specialists Healey Lane of Riverside, CA. Paint and engine compartment better than new, door gaps and rocker panel fit essentially as per factory but not the best that I've seen on a restored car. Fresh top, bows already scratched. Gauges and door panels, wood dash and door caps show some finish issues. Cond: 2-. SOLD AT $2,200,000. One of ten 8-liter tourers built. Most unusually, given the musical chairs changes on most prewar Bentleys, this one was still wearing its original coachwork. Well restored many years ago and with newly refurbished upholstery, it was a center of attention during the sale previews, so it should be no surprise that it made $2.2m. That's a lot of cents, and it was worth every one of them. #281-1934 MG PB Airline coupe. S/N PB0384. Two-tone blue/blue leather. RHD. Odo: 14 miles. Very good panel fit throughout. Paint shows some orange peel, some minor blistering, and bubbling on rear deck. Well-fitted interior shows some soiling on steering wheel 72 A beautiful and rare Lagonda, the product of W.O. Bentley's talents. From 1985 through 1992, it appeared three times at Coys London sales. It was first seen in December '85, where it sold at $167,633 (SCM# 19945); it was seen again in July '86, where it sold at $180,995 (SCM# 12769); and finally, it appeared in July '92, where the now “tired” car was a no-sale at $109,250 (SCM# 7369). Refreshed (and color changed) sometime shortly thereafter, it was wonderfully mellowed here. Well bought. #284-1956 AUSTIN-HEALEY 100M Le Mans roadster. S/N BN2L232183. Black & silver/black vinyl/red leather. Odo: 6,009 miles. Older hobbyist-quality restoration with dull, checking, and blistering paint all over. Tired but straight brightwork, incorrect vinyl interior, painted wires, Lucas PL lamps. Very good panel fit, color change sometime in the past. Catalog claims this is a documented factory Le Mans kit car. Cond: 4+. SOLD AT $82,500. An amateur restoration that appeared to be over 30 years old. It needed just about everything, but the silver lining here was that it appeared to be a solid, straight car. We know left unrestored, horn button crazed. Five new chrome wires. Cond: 2+. SOLD AT $62,700. The BJ7 had little less horsepower than a BJ8 and a more basic dash, which some prefer to the walnut. However, the market likes BJ8s, and at this point, the supply of great 3000s seems to be catching up with demand. This below-estimate result was a bit of a deal, and at this price, there would be little harm done in making it a driver rather than a trailer queen. Further major appreciation seems unlikely in this market at this time. #265-1965 JAGUAR XKE SI convertible. S/N 1E1070. Eng. # 1E1070. British Racing Green/black cloth/black leather. Odo: 9,740 miles. Fresh restoration by noted West Coast E-type specialist. Sides laser straight, hood and door fit very good. Minor material shrinkage and sanding scratches on driver's side rear fender. Detailed engine compartment and rear end, fender to sill seam inexplicably unleaded, rock chip paint on sills unattractive. Well done interior down to correct and not often seen rubber gearshift gaiter. Cond: 1-. SOLD AT $123,750. Excellent E-type roadsters have settled into the $125,000–$140,000 range. These are still an excellent value, as you would have to spend several multiples of this price to get something with more eyeball and performance Sports Car Market

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RM Auctions Amelia Island, FL shows polish marks. Polished brass and copper trim shows well aside from various small dings and light scratches. Very good interior, nicely finished wood dash panel. Clean engine compartment with polished brass fittings. Cond: 3+. SOLD AT $137,500. A brightly-colored and very French brass tourer sold by an SCMer. Looks to be a very comfortable ride for road events, and it just screamed for its occupants to wear period clothing. The seller was pleased with this result, and the buyer should be as well. than a Series I roadster. There are always plenty to choose from, and that, in a nutshell, is why they're not $500,000 cars. #248-1970 JAGUAR XKE SII 4.2 coupe. S/N P1R27962. Silver/tan leather. Odo: 65,583 miles. Hood and door fit exceptionally good, sills straight and generally done to a decent standard. Prep work uneven around door handles and windshield, which were clearly not removed prior to painting. Interior fresh and well-installed, although Heritage Certificate indicates a blue interior from new. Engine and GERMAN #293-1954 VOLKSWAGEN BEETLE sedan. S/N 10771855. Stratos Silver/gray cloth. Odo: 15,055 miles. Good panel fit, both doors out at rear bottom. Excellent paint shows no issues. Chrome nice except for some pitting under plating of vent window surrounds. Superb 21,472 km. Restored in the '90s and still holding up rather well. Very good door fit, decent paint shows appropriate orange peel and a small polish run over engine cover, whose rubber is slightly perished. Excellent chrome and interior. Offered with trailer. Cond: 2+. SOLD AT $34,100. This was very cute, but aren't they all? Very well restored, but not over the top as so many are. It was sold with modern but perfectly-proportioned mini-trailer which folded into a suitcase-sized package—the perfect thing for a cross-country trip by microcar. A market-correct price. #277-1963 PORSCHE 356B 1600S cab- subframe nicely detailed. Cond: 2-. SOLD AT $60,500. Even with the inconsistencies in the paint prep, this was still a very appealing car in good colors with a/c that the catalog claimed to be functional. A true coupe (not a 2+2) with the desirable a/c and 4-speed plus the Series II cooling improvements, this would make a nice daily driver. Although sold at the low estimate, this was very big money for a Series II coupe. It's doubtful there will be an upside any time soon, but taking into account the cost of the work done, this has to rate as well bought. FRENCH #242-1906 PANHARD-LEVASSOR 25/30 touring car. S/N S4R1. Two-tone blue/beige canvas/blue leather. RHD. Left door slightly raised, other panel gaps consistent. Good paint “deluxe” cloth interior trim, every possible aftermarket accessory fitted. Fabric sunroof. Cond: 2+. SOLD AT $39,600. An over-the-top oval-window Bug with colors that kept it from going too far. Last seen at Christie's Monterey sale in August '07, where it was a no-sale at $34k (SCM# 46213). This sale was basically at the same number, so the seller, an SCMer, cut it loose. A fair deal on both sides. TOP 10 No. 9 #240-1956 PORSCHE 356A 1600S speedster. S/N 82311. Adria Blue/gray leather. Odo: 2,317 miles. Excellent panel fit and paint. Very good chrome shows some minor polish scratches. Clean interior appears as new. Detailed engine compartment. riolet. S/N 158165. Eng. # 705709. Signal Red/tan canvas/tan leather. Odo: 34,669 miles. Very good panel fit aside from right door alignment at rear edge. Smooth paint has a few minor prep issues. Excellent interior with good reproduction period radio. Cond: 2+. SOLD AT $99,000. A well-done 1600 B cabriolet that just needed a bit more to be a top example. Prices have been steadily moving up on these cars, but this should be considered well done for the seller. #201-1971 BMW 2002 coupe. S/N 2575092. Beige/tan vinyl. Odo: 757 miles. Interior freshly done in correct BMW “Skai” vinyl, decent replacement carpeting, fine-looking uncracked dash with accessory VDO gauges. Non-period Momo aftermarket steering wheel is too small, factory (although possibly not correct Glasspar hardtop, chrome Rudge wheels, Carrera bumpers. Bridgestone Potenza RE950 185/65 R15 tires fitted. Cond: 1. SOLD AT $220,000. The Super Speedster, beautifully restored with upgrade modifications by Gary Kempton. Superb and stunning, and sold right on the money given the quality of the work... maybe even considered a good deal for the buyer. #291-1957 BMW ISETTA 300 coupe. S/N 501295. Blue & white/dark blue vinyl. Odo: 74 Sports Car Market

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RM Auctions Amelia Island, FL for the year) alloy wheels fitted. Paint nicely color sanded and buffed to a better-than-new standard. No typical dings on stainless trim, fresh rubber all around. Dual Webers replaced single Solex. Black plastic Pep Boys mirrors and discolored nose badge the only real jarring notes here. Cond: 2-. SOLD AT $22,000. This was not without its faults, but it was still a very appealing round taillight 2002. Dual Webers should give most of the performance of a mechanically injected tii without the potential headaches. This was a huge price for a nonsunroof, non-a/c car in a less popular color. The money paid could have bought an Inka Orange tii with a sunroof. Well sold. #220-1979 PORSCHE 930 coupe. S/N 9309800608. Chiffon Yellow/brown leather. Odo: 18,272 miles. At least some of the paint purported to be original, but it's a bit thick in places and shows minor cracking around the rain gutters as well as a few touched-in chips on the hood and bumper as usual with 911s. Sides straight and gaps per factory, no overspray noted, soft trim and gaskets still supple. Full decent except rear license plate light housing is painted rather than plated. Well done new interior, with complex steering wheel in excellent condition. Recent top fits well. Cond: 3+. SOLD AT $36,300. This was rare, slightly wacky, and Italian—of course I loved it. The styling was very “transatlantic,” as the key market for these cars was the U.S.—sort of the poor man's 8V. This one was better presented than most, but some details let it down. I was an underbidder on this car, as I've wanted one for a long time. Fairly priced for the buyer, and a bit light for the seller. #234-1958 LANCIA AURELIA B20 GT 6th Series coupe. S/N B20S1801. Blu Lancia/ tan cloth. Odo: 7,878 miles. Panel fit decent aside from wide hood gaps on right side and right door out at rear bottom edge. Very good paint, redone chrome shows many flaws under “giant killer.” Most you will see are replicas built from customized stock Fiat 600Ds. This one wore an Abarth data plate, but the catalog didn't mention any period race history or FIA certification. It blew way past the high estimate of $24k, which is where replicas usually sell. If it was a real one, the price could be justified; if not, it was exceedingly well sold. #237-1967 FERRARI 330 GT Series II 2+2 coupe. S/N 8601. Silver/black leather. Odo: 21,580 km. Decent panel fit, except hood wide at sides. Older paint shows many issues, good chrome has some scratches and fading. Clean interior shows nicely worn seats and good dash wood. Period three-band radio fitted. Roadclean engine compartment with Car Quest oil filters installed. Cond: 3-. SOLD AT $107,250. A 2nd series 330 2+2, stated to be unrestored. leather interior exceedingly nice with no bolster wear or shrinkage on dash. Cond: 2. SOLD AT $40,700. Last seen at RM's Monterey sale in August '00, where it sold at $38,500 (SCM# 10285). It was refreshing to see a well-cared for and bone-stock 930 in a color other than silver or Guards Red. In spite of its iconic status and evil reputation as the killer or maimer of professional athletes and plastic surgeons, 930s are still traversing the nether world between sought-after collectible and interesting used car. Those days may finally be nearing an end. This will likely seem well bought by this time next year. ITALIAN #282-1958 FIAT 1100 TV convertible. S/N 002039. Red/beige canvas/red & tan leather. Odo: 44,621 miles. Variable panel fit is somewhat beyond factory specs. Good paint shows some prep issues throughout. Exterior chrome plating. Interior features seats done in incorrect style, some dash bright trim shows pitting. Later Becker Grand Prix radio fitted. Cond: 3. SOLD AT $129,250. The 6th Series B20 coupe is generally the most desired in the U.S., while Europe prefers the earlier models. This one was converted to floor shift from column, and it was not likely an original Nardi conversion. This car was nicely presented, but it was let down by its rather poor chrome. Values of Aurelias, both closed and open, are rising faster than Italian governments fall. This is now market correct. #212-1962 FIAT ABARTH 850TC Nürburgring 2-dr sedan. S/N 1258429. Red & gray/black cloth. Odo: 23,614 miles. Variable panel fit as per factory. Shiny paint shows some appropriate orange peel, some subsurface sanding marks, and one touchedin chip. Very good chrome, alloy bright trim nice. Clean interior fitted with modern Cobra racing seats and Abarth wheel. Campagnolo alloys, Abarth data plate. From the Snodgrass Collection. Cond: 2-. SOLD AT $61,600. A very well-presented 850TC sedan, the Abarth Clearly some paint was newer, but the overall feeling of the car was that of a nicely worn original. Chain store oil filters don't inspire confidence on the recent maintenance, but it had only been driven 62 km since its last appearance at RM's Maranello sale in May '07, where it sold for $96,525 (SCM# 45351). The seller lost a bit after transport and fees, but he still got all the money here. #294-1967 FIAT DINO coupe. S/N 135AC0000651. Red/black leather. Odo: 98,942 km. Panel fit nice, right door out at rear bottom. Good paint shows polish scratches and some minor prep issues. Very good chrome with strange gold “Dino” script on front bumper. Clean interior retrimmed in non-original leather and fitted with newer, small-diameter Nardi wheel. Very clean engine compartment with polished air cleaner. Cond: 3-. SOLD AT $30,800. The early 2.0 liter models like this are beautiful cars in my opinion, and they've never been given their due respect. Although this example wasn't great, it still sold for a very healthy price. Perhaps the market is finally rising... let's just hope the new owner won't need an engine rebuild any time soon. #292-1972 FERRARI 246 GT Dino spyder conversion. S/N 03128. Silver/red & black leather. Odo: 29,249 miles. Very good panel fit, front lid slightly uneven from side to side. Wellapplied paint shows a color mismatch from rear clip to rest of body. Very good chrome and trim, well-fitted interior. “Chairs and flares.” 76 Sports Car Market

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RM Auctions Amelia Island, FL Converted from a coupe by Shelton Ferrari of Fort Lauderdale, FL, in the late '70s. Cond: 3+. SOLD AT $156,750. A well-done conversion of a Dino coupe into spyder, but why? Given the color disparity in the rear clip, one doesn't want to consider accident repair, but the thought lingers. Sold at about a 10% discount to the genuine article, so no bargain. AMERICAN #297-1918 MILBURN ELECTRIC MODEL 27 Brougham 2-dr sedan. S/N 458143. Green & black/green brocade cloth. Odo: 17,599 miles. 76-volt General Electric DC motor. Reportedly capable of 19 mph with a range of 60 miles on fully-charged batteries. Older paint shows polish burns, some scratches, and fading. Good panel fit throughout, glass and trim unmarked. Very good interior has neat trim Cond: 1-. SOLD AT $2,640,000. A well-done Murphy-bodied disappearing top Model J, and a First in Class winner at Pebble Beach in '05. ACD Category One certification. Sold in November 2002 at the Blackhawk auction at Hershey, PA for $737,000 (SCM# 29237), at which time it was a very '70s tan with brown trim. Interestingly, the mileage here was exactly the same as it was then. A big price, but a superb car. details, side curtains don't quite go with brocade upholstery. Cracking visible on wood door caps. Cond: 4. SOLD AT $46,750. Milburn entered the market with its electric in 1914 and was gone by 1923. The company pioneered conveniently removable batteries, which meant less down time for charging. This had been a museum car, and it's probably best moved to another as a static exhibit. A fair price. TOP 10 No. 4 #257-1929 DUESENBERG MODEL J convertible berline. S/N 2127. Eng. # J103. Silver & black/black canvas/ red leather. Odo: 72,286 miles. Coachwork by LeBaron. Somewhat variable panel fit, very TOP 10 No. 6 #247-1933 PACKARD SUPER EIGHT convertible victoria. S/N 66712. Black & silver/black canvas/ burgundy leather. Odo: 169 miles. Coachwork by Dietrich. Panel fit somewhat off at rear of both doors. Excellent paint shows light polish marks and one tiny chip. Very nice chrome and trim, excellent interior with nicely broken-in Excellent paint, chrome, and interior, showdetailed engine compartment. Replacement engine fitted. One of the last Cords built. Cond: 1-. SOLD AT $220,000. Stunning in yellow with red interior, this just needed some final tweaking to be a show winner. The price was a bit on the low side, which was perhaps due to the bright color or the replacement engine. Either way, the buyer got a very good deal here. seats. Trippe lights fitted. Cond: 1-. SOLD AT $412,500. Restored in 1999, Pebble Beach class winner in 2000, AACA National First, CCCA Senior award. A very high-level restoration that was still showing extremely well. With lovely style and dramatic colors, this was hard to fault. Priced right. 78 #239-1939 CADILLAC V16 FLEETWOOD convertible sedan. S/N 3290740. Eng. # 5290025. Maroon/tan canvas/ burgundy leather. Odo: 454 miles. Converted from an original Series 75 with Series 90 front sheetmetal and V16 engine. Very good panel fit, except center door gaps uneven. Excellent paint shows some minor final polish issues. Chrome has some waviness under plating on front bumper top blade, grille shows very well. Older interior has some bagging on front door panels. Cond: 2+. SOLD AT $170,500. Sports Car Market good older paint shows some polish marks and chips on edges of battery box cover. Very good interior has a few small marks on front seat cushion and worn steering wheel rim. Equipped with divider window. Nice restoration just starting to go off. Cond: 2-. SOLD AT $1,210,000. One of three with this body, which was fitted at the factory in 1935. After a freshening, this will be a potent concours contender again very soon. Correctly priced. TOP 10 No. 1 #241-1931 DUESENBERG MODEL J convertible coupe. S/N 2414. Eng. # J395. Red & black/beige canvas/tan leather. Odo: 44,509 miles. Coachwork by Murphy. Nice panel fit aside from both doors slightly out at bottom front edge. Excellent paint shows only light polish scratches. Superb chrome and interior. Murphy body #921, Brian Joseph mechanicals, Steve Cooley cosmetics. ster. A wonderfully historic car with a delightfully used look. It was discovered by seller Bill Warner as a non-runner, and was mechanically recommissioned with repainted fenders. No one knew what this one-of-a-kind artifact would bring, but the price paid seems to make sense. It could be considered a bargain considering you'll never find another. See profile, p. 60. #238-1937 CORD 812 SC convertible coupe. S/N 32485F. Eng. # FC2399. Cigarette Cream/tan canvas/dark red leather. RHD. Odo: 2 miles. Five-month-old high level restoration shows well. Good panel fit aside from both doors sitting out at front edge and trunk lid slightly off from side to side. TOP 10 No. 3 #252-1934 FORD MODEL 40 Special speedster. S/N FLA15512. Red/red leather. Odo: 19,999 miles. Excellent hood fit. Old paint on body is worn, with touch-ups, chips, and rubs visible. Newly painted fenders excellent. Seats show a nice patina but aren't worn. LaMarr wheel discs fitted over wire wheels. Cond: 4+. SOLD AT $1,760,000. Edsel Ford's custom-built speed

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RM Auctions Amelia Island, FL and left door pinched at top rear. Very good paint shows light polish marks and one chip at the left door top. Chrome nice except for small kink in left front door top trim, some delamination in lower left corner of windshield and vent glass. Very good interior, two small cracks in wheel rim. Cond: 3+. SOLD AT $74,250. It's always nice to see an Olds convertible instead of the ubiquitous Chevys and Pontiacs. Finished in attractive period colors, this was nice, but it was no show car. Appropriately priced. This was not one of the four original V16 Convertible Sedans built in 1939, but the 15year-old conversion was very well done and still presented quite well. With a bit of attention to the details, it could be stunning, but it'll still be a car you'll have to explain. Priced correctly for what it was. #310-1948LINCOLN CONTINENTAL convertible. S/N 8H174303. Black/ beige canvas/black leather. Odo: 84,940 miles. Very good panel fit, hood gap wide at rear edge. Shiny paint shows some areas of microblistering as well as minor bubbling and polish scratches. Replated bumpers and grille excellent, other chrome fair to good. Well-fitted interior with excellent steering wheel. Equipped with pw and seatbelts. 1970s restoration still showing well. Cond: 3. SOLD AT $59,400. The postwar Continental is much fussier in its detailing than prewar examples, but it still has a devoted following. This car was sold in October '04 at the RM Elkhart sale for $75,900 (SCM# 35200). 419 miles and three years later, it's lost over 20% in value—not the way to get rich quick. If the V12 runs well, the buyer got himself a very good deal. #227-1954 OLDSMOBILE SUPER 88 convertible. S/N 548M44109. Blue/navy canvas/two-tone blue leather. Odo: 266 miles. Panel fit decent, with right door out at rear edge end of dashboard top. From the Snodgrass Collection. Cond: 4+. SOLD AT $71,500. Last seen at Mecum's Elkhart Lake, WI, sale in July '00, where it was a no-sale at $27,000 (SCM# 10026). A cruise night car, and it must look great at ten feet, especially after sundown. before paint. Interior and engine compartment don't pop, poorly fitted rear bumper with thin chrome appears to be a reproduction item. Cond: 2-. SOLD AT $99,000. The closer I got to this car, the more questions arose. It had the look of a car with good bones that was subject to a rather unsympathetic and casual restoration. Nevertheless, it brought better than midestimate money. It was, however, one of the few 1960s American cars in the sale, and that may have been a factor in its strong price. ♦ top and wire wheel covers, front disc brakes and KYB gas shocks added. Radial tires on the road, bias-ply spare in the trunk. Cond: 2-. SOLD AT $55,000. Sold with 2008 Amelia Island Concours entry. This had a curiously uneven presentation, with great paint and chrome and casual door fit. Perhaps it was an older high-quality restoration which needed some sorting. It could have done better, but the price paid was right on the money. #217-1959 CADILLAC SERIES 62 convertible. S/N 59F104226. Beige/beige vinyl/brown leather. Odo: 55,550 miles. 390-ci V8, 4-bbl, auto. Variable panel fit, OK paint shows some light polish marks, chrome has light pitting on many pieces. Clean interior with creased, redyed seats, some wear on steering wheel spokes, and fit issues on left painted steel wheels. Extensive club racing history in period. Cond: 2+. SOLD AT $275,000. Far better prepared cosmetically than any period race car would likely have been. The engine was purported to be the same fuel-injected unit originally installed in the first Scaglietti Corvette. The car had so much eyeball, it would seem a shame to actually use it for its intended purpose. So what then do you do with it? #286-1969 FORD MUSTANG Boss 302 fastback. S/N 9F026221365. Blue & black/ black vinyl. Odo: 60,318 miles. 302-ci V8, 4-bbl, 4-sp. Recent restoration on a reported low-mileage one-owner car. Gaps uneven per factory, hood fit particularly egregious. Several paint and prep gaffes, most notably around A-pillars and rain gutters. Overspray on rear window molding indicates glass not removed #287-1955 FORD THUNDERBIRD convertible. S/N P5H111201. Turquoise/black canvas/turquoise & white leather. Odo: 5,214 miles. 292-ci V8, 4-bbl, auto. Variable panel fit, left door very hard to shut. Well-done paint, chrome, and interior. Detailed engine compartment appears mostly factory. Fitted with hard However, the colors did the car no favors, as it had all the sex appeal of vanilla pudding. Very well sold. TOP 10 No. 7 #260-1959CHEVROLETCORVETTE convertible. S/N J59S104283. Black/ red vinyl. Odo: 90,368 miles. 283-ci 290-hp fuel-injected V8, 4-sp. Paint, gaps, and panel fit far better than original. Front bumpers and grille intact and quite nice, rear bumpers removed. Full interior includes carpeting in decent reproduction materials. Dash and steering wheel nicely restored. Cut down Plexiglasswindshield, 80 Sports Car Market

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McCormick Palm Springs, CA Palm Springs Winter Auction Automotive oddities, which delightfully appear with regularity at most McCormick events, were out in force Company Keith McCormick Auctions Date February 22–24, 2008 Location Palm Springs, California Auctioneer Jack Stokes & Rob Ross Automotive lots sold / offered 252 / 471 Sales rate 54% Sales total $4,719,120 High sale 1967 Chevrolet Corvette convertible, sold at $105,000 Buyer's premium McCormick always has something for every bidder Report and photos by Carl Bomstead Market opinions in italics M uch to the dismay of the Palm Springs Chamber of Commerce and the local tourism board, the sun does not shine 365 days a year in the California desert. It even rains every now and then, and Friday, February 22, was one of those days. It was also the first day of Keith McCormick's 44th auction, and over 500 cars were expected. Unfortunately, not all braved the weather, and with 30 staying home, there were actually fewer cars offered than at the company's November sale. The overall quality of the offerings was also slightly off, although average sales prices were a bit higher. Corvettes were offered in abundance, but of the 41 crossing the block, only 15 changed hands. Those that did sell, with three notable exceptions, were all under $20,000. Automotive oddities, which delightfully appear with regularity at most McCormick events, were out in force. The 1989 ELMCO Rolls-Royce golf cart that sold for $2,205 in November reappeared, and the seller was willing to take a several-hundred dollar hit to get it out of his garage. A horrid 1957 Corvette replica, which was a no-sale at $16,200, was so poorly done that even grade school kids would not be impressed. Perhaps in an effort to appeal to elusive Middle Eastern buyers, a 1959 Corvette was offered with all its brightwork redone in 24-karat gold. Not even the valve covers or hubcaps escaped, and 82 Palm Springs, CA the owner proudly stated that he had over $70,000 “invested” in plating. In the words of Dr. Phil, “What were you thinking?” It failed to sell at $69,000. On the other hand, there were a number of very desirable collector cars that crossed the block. A well-restored 1967 Amphicar with an unusual but correct yellow and white vinyl interior was stated by the owner to have had more than $70,000 invested. When asked why he mentioned that, he replied that he had no idea these things were so expensive to restore. Unfortunately for him, he'll have to wait to recoup his money, as bidding stalled at $64,000. A very nice 1969 Italia, which had been owned by two collectors in the Pacific Northwest, sold for $56,700, which in my opinion was a bargain. A well-restored '68 Camaro SS 396 convertible sold at $60,900, and while it was one of the better-presented cars at the auction, the owner did not provide any documentation or build sheets to authenticate the highly-optioned car. The McCormick auctions are always enjoy- able, as they offer an eclectic mix of cars presented in an area that provides adequate room for viewing, and of course, Palm Springs offers a variety of restaurants, golf, hiking, and shopping as well. Last year's auction saw 232 of 380 cars sell for a final total of just under $4.7 million, and although more cars were sold this time around, a consistent $4.7 million was again realized, which should be considered good news for both McCormick and the Southern California market. ♦ Sales Totals $1m $2m $3m $4m $5m 2008 2007 2006 2005 2004 2003 2002 5% (included in sold prices) Sports Car Market

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McCormick Palm Springs, CA ENGLISH #201-1969 AUSTIN MINI COOPER coupe. S/N AA2SAU16151A. Glacier White/ black vinyl. Odo: 83,802 miles. Respray to an acceptable standard, panel gaps decent throughout. Nice chrome and trim, glass unmarked. Dash cracked, seats replaced, carpets worn. Cond: 3. NOT SOLD AT $11,000. Stated to have was looking to recover his restoration costs, but boat sales are tough in the desert. ITALIAN top speed of 79 mph, but that must be downhill with a tailwind. As we enter the era of $4 a gallon gasoline, these make a bit more sense. However, with all the goofy drivers in the Palm Springs area, you would not last long in something this small. Guides say that these are worth a touch more, but don't know where the seller will get it. #273- 1983 ROLLS-ROYCE CORNICHE convertible. S/N SCADZ42A1DCX05829. Gold & brown/tan leather. Odo: 39,176 miles. A well-maintained R-R Corniche convertible. Body straight and solid, no door dings or road rash, windows not chipped or scratched. Little Last seen at Barrett-Jackson's Scottsdale sale in January '06, where it sold at $48,600 (SCM# 40380). A new paint job, 100 miles, and a few years later, this did only slightly better. I keep waiting for the market to appreciate on these, as they offer tremendous performance and styling for not a lot of money... then again, I own one, so I'm a bit biased. wear noticeable, with interior, dash and window wood trim in good repair. Cond: 2. SOLD AT $46,988. Palm Springs is home to the world's largest R-R dealer, so there's no shortage of used examples in the area. The price paid here was in line with market considering this car's outstanding condition. Well bought and sold. GERMAN #188- 1967 AMPHICAR 770 convertible. S/N 106522273. Light blue/yellow & white vinyl. Odo: 6 miles. Extensive and expensive restoration to a high standard. Nice paint and chrome appear recent and have few issues. Unusual but correct color combination inside, with yellow and white vinyl showing well. Appears to have not seen any real use since restoration. Cond: 1-. NOT SOLD AT $64,000. Ever since one of these sold at Barrett-Jackson's Scottsdale event in 2006 for $124k (SCM# 40359), no selfrespecting auction is without one. The seller here 84 AMERICAN #259- 1950 CHRYSLER WINDSOR 4-dr sedan. S/N 70876721. Gray/blue fabric. Odo: 10,758 miles. Mileage stated to be documented and original. Chrome and brightwork show well, paint has no notable issues. Interior looks to have been replaced, interior plastic excellent. Owner states a bearing is going out. Cond: 3. SOLD AT $63,000. The price paid was about right for a #3 car. The only question was how expensive it'll be to repair the mechanical issues. The location of the bad bearing will likely determine whether or not this was a decent buy or a big mistake. #171-1956 CHEVROLET CORVETTE convertible. S/N E56S003900. Red/tan fabric/ red vinyl. Odo: 193 miles. 265-ci 225-hp V8, 2x4-bbl, 3-sp. Quality restoration by Walden Dalton. NCRS Top Flight award. Excellent panel fit and top installation, engine compart- #190- 1969 INTERMECCANICA ITALIA convertible. S/N 50060. Red/tan cloth/tan vinyl. Odo: 41,799 miles. 289-ci V8, 4-bbl, 5sp. Recent respray shows well, very good panel fit throughout. Nice brightwork and glass. Covered headlights, Nardi wheel, power windows. Engine clean with no leaks or streaks. Was once an a/c-equipped car but is now missing its components. Cond: 2. SOLD AT $56,700. if you let it sit in less-than-ideal conditions, it'll deteriorate. Either way, this was a lot of money for a ho-hum car under any circumstances. #476- 1954 PACKARD SUPER CLIPPER Panama 2-dr hard top. S/N 54675075. Yellow/red/black vinyl & red fabric. Odo: 60,751 miles. 327-ci straight 8, 2-bbl, 3-sp. Recent respray in a bold but not necessarily attractive color combination. Needs a good wet sand and buff. Window fit off, glass delaminating, brightwork shows a few scratches. Engine compartment filthy. Has the look of a quickie pre-sale redo. Cond: 3. SOLD AT $12,000. This was not a lot of money, but it was not a lot of car either. At least it'll be the talk of the new owner's next neighborhood get-together. Well sold. #436-1955 CADILLAC ELDORADO convertible. S/N 556287035. Light blue/white vinyl/blue & white leather. Odo: 69,813 miles. 331-ci V8, 4-bbl, auto. Complete with plastic parade boot. No serious issues with paint or body fit. Interior not worn, seats show few signs of use, carpet clean. Exterior trim tarnished and worn. Presto-matic transmission. Cond: 2. SOLD AT $32,025. The problem with a low-mileage car like this is what do you do with it? If you were to drive it, the value would go away. Then again, Sports Car Market

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McCormick Palm Springs, CA ment sparkles, interior as-new. Slightly overrestored, but certainly nice throughout. Cond: 1-. SOLD AT $90,038. I'd say that this was well bought, as the price paid was fair for a quality restoration of a car with the desirable 265/225 engine. It could have done another $7,500 without question. Well done. #471-1956 HUDSON HORNET Hollywood 2-dr hard top. S/N Z1387. Lime & black/lime & black fabric. Odo: 88,460 miles. These are often referred to as a “Hash,” as they had a Nash body with Hudson name plate. Recent respray in striking colors done to good standard. Brightwork very nice, window rubbers large following, so it takes the right buyer to appreciate the car and pay the price to own one. This seller was right in holding on for now. #215-1958 MERCURY MONTCLAIR 2- dr hard top. S/N ME529796. Cream & silver/ gold/gold fabric & tan vinyl. Odo: 45,520 miles. 383-ci V8, 4-bbl, auto. The Montclair features two unique chrome strips down side with silver trim between them. Older respray shows age a lot of money for a Playboy Bunny T-Bird that had been neglected for years. If you need to sell one of these, this is the town to do it in, but do you really want to have to explain what it is? #114-1959 DESOTO FIREFLITE Sportsman 2-dr hard top. S/N M451101305. Light green/green fabric & vinyl. Odo: 38,170 miles. 383-ci V8, 4-bbl, auto. Considering the weather, this car looked presentable. Interior worn, dash and gauges decent. Chrome nice, trim scratched and tarnished, paint appears to old and deteriorating. Chip in window detracts from otherwise nice glass. Cond: 2. SOLD AT $22,050. This was the Baby Boomers' high school dream car, as the seats fold all the way down.... These are becoming much more popular, so yesterday's premium price is today's correct market value. A solid transaction all around. #51-1957 OLDSMOBILE 98 2-dr hard top. S/N 579L02732. White/white & gray vinyl. Odo: 35,948 miles. 371-ci V8, 4-bbl, auto. Richard Petty drove Oldsmobiles in NASCAR during the 1957 season. A very presentable example showing a nice interior and a quality respray. Body straight with good panel fit. and wear. Steering wheel cracked, radio and power steering fitted. Whitewall tires yellowed with age. Cond: 2-. SOLD AT $26,250. The price paid was for a car in excellent condition, and this did not fit that description. As such, the buyer got a little carried away and overspent by about $5k. Well sold. #78-1958 CHEVROLET IMPALA 2-dr hard top. S/N F58L163846. Light blue/blue vinyl & fabric. Odo: 94,858 miles. 283-ci V8, 2-bbl, auto. Awful Easter egg exterior color choice shows few issues, interior sun-damaged be well maintained. TorqueFlite push-button transmission. Cond: 3. SOLD AT $24,675. In the late '50s, rear fins could not be tall enough, and this DeSoto fit right in. The interior was the major issue, but regardless, it still sold for a reasonable figure. I would have preferred it in a more attractive color. #213-1959 CHEVROLET IMPALA 2-dr hard top. S/N F59S132176. Red/white/red vinyl & fabric. Odo: 6,932 miles. 283-ci V8, 2-bbl, auto. Recent quality restoration looks nice throughout, but I'm not sure about the two-tone color combination. Excellent paint and panel fit, engine clean and highly detailed. Minor scratches on trim, chrome and glass nice. Equipped with Continental kit. Cond: 2. SOLD AT $39,375. The 98 series was loaded with power equipment, and the Jetaway transmission was standard. Although this one was a decent car, the buyer paid for a #1 and got something that most would consider to be rated less. #279-1957 FORD FAIRLANE 500 Skyliner retractable hard top. S/N D7RW207387. Black & white/black/black vinyl & fabric. Odo: 89,259 miles. 312-ci V8, 4-bbl, 3-sp. Restored by a local marque specialist. Equipped with ps, pb, Continental kit, and fender skirts. Quality respray shows well, hard top retracts at least for now. Interior in good repair, engine clean and detailed. Cond: 2. NOT SOLD AT $29,500. According to the guides, the price bid here was light by as much as $20k. These do not have a 86 and faded. Trim pitted and scratched, glass still nice. Aftermarket rims and narrow whitewall tires fitted. Cond: 3. NOT SOLD AT $28,000. This was not a bad car, but why let it live its life waiting for the bunny to come around once a year? A market-correct bid. #126-1959 FORD THUNDERBIRD Playboy Bunny Edition convertible. S/N H9YJ38826. Pink/black vinyl/black vinyl. Odo: 1,828 miles. 430-ci V8, 4-bbl, auto. The Playboy Edition features unique colors and a Playboy logo on seatbelt buckles. Seats and interior worn, window fit off, Continental kit with chrome cover fitted. Paint dull and chipped, with numerous visible touch-ups. Aftermarket radio. Cond: 3. SOLD AT $29,400. This was Interior spotless. Very nice throughout. Cond: 1-. SOLD AT $38,325. 1959 was the first year for the “Spread-Wing” horizontal-fin rear deck treatment. I owned one of these many long years ago and at the time I loved the rear wing treatment... but now I'm not so sure. This example sold for a strong price, but the money spent was not out of line considering the condition. #366-1960 CADILLAC ELDORADO convertible. S/N 6062FW12834. Black/black vinyl/red vinyl. Odo: 81,670 miles. 390-ci V8, 3x2-bbl, auto. Listed as an Eldorado with the correct trim and nameplates, but VIN indicates it Sports Car Market

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McCormick Palm Springs, CA #364-1963 CHEVROLET CORVETTE convertible. S/N 30867S110847. Riverside Red/red hard top/black vinyl. Odo: 66,575 miles. 327-ci 300-hp V8, 4-bbl, auto. Recent respray to acceptable standards, original color was Sebring Silver. Fitted with ps, pb, and to be a Series 62. If it were an Eldorado, it would be a Biarritz. Respray to good standard, panel fit as good as factory. Original leather interior replaced with vinyl, steering wheel trim pitted. Cond: 3. SOLD AT $55,125. If the car was in fact an Eldorado, then this was an excellent buy. If not, the buyer paid #1 money for a playedwith car. As there were still some questions to be answered, I'll call this one well sold. #362-1962 CHEVROLET CORVETTE convertible. S/N 20867S109469. Roman Red/black vinyl/black vinyl. 327-ci 340-hp V8, 4-bbl, 4-sp. The last year for the solid rear vinyl. Odo: 49 miles. 396-ci V8, 4-bbl, 4-sp. A quality car with documentation. Equipped with L78 engine package, Tick-Tock Tach, and Redline tires. Engine compartment spotless and appearing factory throughout. Cond: 1-. SOLD AT $60,900. Super Sport models equipped with the RS option featured a special grille with hidden headlights as well as all-red taillamps with separate reverse lights. As a documented car, this example sold for well under the money... it could have brought another $10k without concern. Well bought. Powerglide automatic. Glove box door damaged, aftermarket radio fitted. Panel fit typical, with the usual fit issues throughout. Cond: 3. SOLD AT $29,663. The price paid was about right considering this car's condition and needs, and the new owner should be able to write a few checks and upgrade the car a bit. A fair transaction for all concerned. #367- 1965 FORD MUSTANG convertible. S/N 5F08F201004. Wimbledon White/black vinyl/black vinyl. Odo: 89,133 miles. 260-ci V8, 2-bbl, auto. Equipped with 260-ci V8 and generator rather than alternator, proving it to be an early-production car. Very presentable interior with minor wear noted on seats and axle and exposed headlights. Respray to high standard, bodywork far better than factory, brightwork in good order. Interior in good condition except for some notable carpet wear. Cond: 2. SOLD AT $52,500. The final price paid here was just about in line with the current market. The buyer paid a fair price for a solid car, so both sides should be happy here. #138-1962 STUDEBAKER GRAN TURISMO HAWK 2-dr hard top. S/N 62V23419. Tan/light blue vinyl. Odo: 95,874 miles. 289-ci V8, 2-bbl, auto. Body not great but acceptable, with minor gap and fit issues. Few blemishes in paint, window rubbers worn. Odd carpets. Good panel fit, minor paint touch-ups and scratches. Cruise-O-Matic transmission and radio fitted. Cond: 2. NOT SOLD AT $24,000. V8 Mustangs have been appreciating of late, so I'd say the money was a bit light on this early convertible. This would have bought the car a few years back, but examples in this condition are worth close to $30k today. #170-1968 CHEVROLET CAMARO RS/SS 396 convertible. S/N 124678N474085. Cordovan Maroon/black vinyl/parchment blue interior, dash faded. Fitted with radio, ps, and pb. Engine clean but not highly detailed. Cond: 3. SOLD AT $14,963. These have a following, but they're still a bit of an automotive oddity. The price paid here was more than reasonable for a car that will attract a lot of attention at the local show n' shine. Well bought. new, with only slight age-related wear. A strong example. Cond: 2+. SOLD AT $91,350. 1970 Shelbys were leftover '69s that were updated with twin hood stripes and Boss 302 chin spoilers. An assigned title held back the bidding here, raising a red flag despite other documentation. Shelbys in this condition can sell for much more than what was paid here, so this was either a great buy or a big question mark. ♦ #299-1969 CHEVROLET CAMARO SS convertible. S/N 124679N586138. Garnet Red & black/black vinyl/black vinyl. Odo: 15,007 miles. 350-ci V8, 4-bbl, auto. A basic 300-hp Camaro with the common SS option. Top shows fit issues, recent respray done to an acceptable standard. Nice chrome and trim, glass shows wiper marks. Interior far from fresh, radio missing from car. Cond: 3. SOLD AT $27,300. This was not a lot of money for an SS Camaro, but then again, this was not a lot of car. It was lacking many of the desirable options that muscle car collectors dig deep for, such as the 396 engine or Pace Car trim. Still, it'll make a nice driver or weekend cruiser for the new owner. #372-1970 SHELBY GT500 fastback. S/N 8A444140232. Grabber Orange & white/ black vinyl. Odo: 61,786 miles. 428-ci V8, 4-bbl, auto. Arizona title. Documented with a Marti report and the Shelby Registry. Striking paint with minor blemishes here and there, brightwork excellent. Interior appears to be as- 88 Sports Car Market

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Barrett-Jackson West Palm Beach, FL West Palm Beach Collector Car Auction Collectors, dealers, and investors free-wheeled their bidder's paddles in a carefree manner—there were no signs of recession in the skyboxes Company Barrett-Jackson Date March 26–30, 2008 Location West Palm Beach, Florida Auctioneer Tom “Spanky” Assiter & Mark Gellman Automotive lots sold / offered 493 / 493 Sales rate 100% Sales total $23,162,095 High sale Large and in charge beneath the Stars & Stripes Report and photos by Dale Novak Market opinions in italics A t first, it appeared that Mother Nature was not going to look favorably on the 6th Annual Barrett-Jackson Collector Car Event in West Palm Beach, Florida. Early Friday morning rain clouds rolled in. Rain quickly soaked the grounds, vendors scram- bled to close up shop, and B-J staffers were busy doing all they could to prevent a mud bath. Joint prayers paid off when the clouds broke around noon, and the baking Florida sun turned the wet black asphalt to a sauna-like steam. This year's event sold 493 cars for a total of $23 million in Barrett-Jackson's standard all-no-reserve format. The figure was down from last year, which brought $32 million from 574 consignments. With a nearly 37% drop in total sales, you might think the atmosphere would have been muted, but you'd be wrong. Attendance was up 5% to set a Florida record for B-J, and the carnival went on. A press release trumpeted that new bidders purchased 44% of the cars on offer and were responsible for 39% of total sales revenue, which B-J claims are significant increases from last year. The company also raised over $1 million for several charities, including $300,000 from a pair of KITT Shelby Mustangs from the new “Knight Rider” TV show, with the proceeds from those cars going to benefit Ford's Salute to Education program. Spectators packed the auction block on Saturday to witness seasoned collectors, dealers, and investors 90 1967 Shelby GT500 fastback, sold at $209,000 Buyer's premium 10% (included in sold prices) free-wheeling their bidder's paddles with almost total disregard for typical market prices—in some cases even on very average cars. If there is a recession going on, it apparently had no effect on those in the skybox seats. A few bargains appeared as bidding slowed on several worthy vehicles. West Palm Beach, FL Among these was an excellent 1969 Dodge Super Bee 440 6-pack, which came to a gear-grinding halt at $45,000 before finding a second wind that took it to a sale price of $78,100. A 1957 Ford Thunderbird in #1 condition and with both tops went for a bargain price of $66,000. Other cars followed suit as the day wore on, but the Barrett-Jackson auctioneers worked the cars to bring up bids significantly. This year's list of cars seemed to be made up primarily of American steel, with foreign makes being vastly outnumbered. Mopars were also noticeably missing in action, but there were three Superbirds in play, with the highest sale among them totaling $184,800. A great selection of tri-five Chevrolets were on hand, including a well-done fuel-injected 1957 Bel Air convertible, which brought a market-correct price of $121,000. An rare 1965 Chevelle Z16, one of 201 built, sold for $194,700, and in the foreign arena, a 1955 Porsche Speedster in driver condition made a surprising $165,000. Noticeably absent were the ultra-rare pre- mium vehicles, as this year's high sale honor went to a 1967 Shelby GT500 fastback in Lime Gold with a C6 automatic at $209,000. This could be a signal that many collectors are holding onto their best cars for a venue that offers the safety net of a reserve. ♦ Sales Totals $5m $10m $15m $20m $25m $30m $35m 2008 2007 2006 2005 2004 2003 Sports Car Market

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Barrett-Jackson West Palm Beach, FL ENGLISH #654-1965 AUSTIN-HEALEY 3000 Mk III BJ8 convertible. S/N HBJ8L30885. Silver/black vinyl/red leather. Odo: 53,907 miles. Trunk gap wide at passenger's side and out at bottom. Passenger's door wide at bottom, hood slightly off center, driver's door in at lower front. Excellent chrome, trim, and weatherstripping. Top fit could be better, interior sparkles as new. Show-quality paint with excellent metallic paint finish. Overdrive fitted. GERMAN #638.1-1955 PORSCHE 356 Speedster. S/N 145729. White/black vinyl/black & red leather. Odo: 36,057 miles. Serial number indicates a Cabriolet chassis; Speedster numbers were five digits and began with an “8”. Passenger door out at bottom, driver's door tight at back. Uninspiring chrome lacks any kind of luster, engine vent grille poorly fitted and oxidized. Older paint shows chips at door edges and numerous sanding marks throughout. Engine rebuilt to S-specs. Interior features loose seat so all it really needed was a new paint job and some improvements to the interior. Well sold, but they won't be getting any cheaper. #672-1956 CADILLAC ELDORADO Biarritz convertible. S/N 5662009752. Maroon/white vinyl/white & black leather. Odo: 886 miles. 365-ci V8, 2x4-bbl, auto. Trunk fit tight to driver's side, driver's door in at base. Chrome and trim shows small dimples, scratches, and dull spots from over-polishing. Paint has numerous particles under finish showing polishing marks as well. Glass good but a bit foggy in areas. Steering wheel cracked, interior could be cleaner, factory operating tags hang on dash clock and lighter. Tidy engine bay Cond: 1-. SOLD AT $137,500. Kurt Tanner is well known in Healey circles as one of the premier experts for this marque, and this was one of his restorations. By the notes attached to the windshield it would appear that this was originally red, but there was no mention of that on the car card. It was vigorously bid to $100k before interest dropped off, and BarrettJackson's staff worked the car and the bidders for an extended time to achieve this final bid. Well sold. #657.1-1967 JAGUAR XKE SI 4.2 convertible. S/N 1E13391. Blue/blue cloth/dark blue leather. Odo: 52,498 miles. Paint shows very light buffing and polishing marks as well as one small chip at cowl. Passenger's door has a small but visible dent. Trunk fit slightly offcenter, both doors out at bottom. Brake light chrome and headlamp trim heavily pitted, light scratches in door handles and window trim. covers and a weathered dash that's cracking around the gauges. Top fit only average. Strong fuel odor inside cabin. Cond: 4+. SOLD AT $165,000. This car had plenty of needs. The seller noted some body work had been performed, including a new right rear quarter panel, and plenty of new mechanical upgrades were listed as well. The s/n issue bears further investigation. The car stalled at $90k and came close to selling, but it took off from there as two guys decided they had to have it. Very well sold. AMERICAN #684-1954 CHEVROLET CORVETTE roadster. S/N E54S002316. Polo White/tan canvas/red vinyl. Odo: 76,930 miles. 235-ci straight 6, 3x1-bbl, auto. Driver's door out at bottom, hood fit off. Chrome and brightwork scratched and dented in various areas. Driverquality paint shows flaws, lacks luster, and is heavily touched up. Excellent newly-fitted seats, painted area of dash shows heavy polish marks. Restored steering wheel, but not to could be better presented. Cond: 3+. SOLD AT $112,200. Last seen at Fall Carlisle in October '07, where it failed to sell at $72,500 (SCM# 47088). Since that event this car had only traveled eleven miles, most likely on and off a trailer. Plenty of spectators combed over this car while on display, and I noted a bunch of them commenting on specks in the paint. A detailer kept working on the car during much of the time it was on display, but it still wasn't perfect. The owner wisely held on to this car at Carlisle, and his efforts rewarded him with a 40% bump in price. Well sold. #677-1957 CADILLAC ELDORADO Brougham 4-dr hard top. S/N 5770093126. Black/stainless steel/black leather. Odo: 68,840 miles. 365-ci V8, 2x4-bbl, auto. Nice paint on straight body shows chips and touch-ups. Trunk out at rear, hood wide at front, variable panel fit throughout. Decent chrome shows some pitting and scratches, driver's vent window delaminating. Restored grille to very good standards, Excellent top fit. Showroom interior with only slight blemishes in steering wheel. Completely restored with all original engine and drivetrain components. Rare original Jaguar build sheet. Cond: 2-. SOLD AT $146,300. The 1967 XKE retained all of the pure styling of the original 1961 model but added the improved synchromesh transmission, 4.2-liter engine, and the more comfortable interior introduced in 1965. This was a very original and superbly restored Jaguar Series I XKE in a great color, but this was a high price to pay. Well sold. 92 show quality. Claims to have original soft top fitted. Cond: 4-. SOLD AT $79,200. The paint and body showed numerous flaws with all the usual suspects, and had the car been original, this would have been more acceptable. But as stated, the car's paint and body had been restored... just not to high standards. The owner stated that many mechanical issues had been attended to and that it was in tip-top shape mechanically, excellent chrome wire wheels. Clean interior has recent seat upholstery and shows signs of use. Mileage claimed original. Cond: 3. SOLD AT $143,000. The spectators just could not get enough of this. It had obviously been driven and enjoyed, but was still in great shape overall. It originally sold for over $13,000, which was a Sports Car Market

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Barrett-Jackson West Palm Beach, FL staggering amount in 1957. Even considering this car's original miles and options, I'd consider this a strong sale. Well sold. #675-1957 CHEVROLET BEL AIR convertible. S/N VC57L129647. Aqua/white vinyl/ white & aqua vinyl. Odo: 1 mile. 283-ci fuelinjected V8, 3-sp. Very light sanding marks in paint finish, some small areas of musclebound buffing have burned through paint. Trunk wide at driver's side, passenger-side door a bit high. Excellent chrome and trim shows only light polishing marks and one scratch at windshield surround. Tight top fit, interior is as new was restored to a very high standard and was now just naturally showing its age. Well sold. #658-1958 CHEVROLET IMPALA convertible. S/N F58T226552. Black/black vinyl/black, gray, & green vinyl. Odo: 78 miles. 348-ci V8, 3x2-bbl, 4-sp. Less than 100 miles on restoration. Hood tight on driver's side, trunk fit slightly skewed, door out on passenger's side. Nice chrome to club standards, excellent hubcaps fitted. Sanding marks in paint, slight wave to body panels, dull spot visible near base of trunk. New glass and weatherstripping fitted. or better. Engine compartment spotless. Cond: 2+. SOLD AT $121,000. This car had everything going for it. It was the right color, had a high-quality restoration, a great interior, and was fitted with the fuel-injected small-block... and you have to love the three-on-the-tree shifter. The burned paint was very minor, and hey, at least you know it was buffed out. This might have easily brought over $150k not that long ago, so this was just further proof that the market has slowed down a bit on cars like this. A decent deal. #674.1-1958 CADILLAC SERIES 62 convertible. S/N 58F080255. Black/red & white leather. Odo: 33,151 miles. 365-ci V8, 4-bbl, auto. Trunk pinched at driver's side corner with paint chips showing. Driver's door sits low to the body, passenger's door tight at bottom edge. Chrome polished to good standards and presents well, some trim shows small dimples. Very slight ripple to body panels, paint shows Rare 4-speed on the floor. Cond: 2-. SOLD AT $132,000. The tri-colored interior really stood out in contrast to the black paint on this rare and highly-optioned Impala. It was claimed to be a matching-numbers example. The 4-speed was a 1959 option, and as this car had a very late 1958 build date, it was claimed the option was available... but there was no mention of documentation to support that claim. With great documentation the buyer should be fine, but if the paperwork is absent, this was well sold. #616-1959 CADILLAC COUPE DEVILLE 2-dr hard top. S/N 59J136837. Blue/white/blue cloth. Odo: 89,819 miles. 390-ci V8, 4-bbl, auto. Trunk tight at right rear, driver's door out at bottom, other gaps good. Recent budget paint job was poorly masked and shows overspray throughout and several subsurface bubbles under rear window. Chrome Odo: 72,082 miles. 283-ci 290-hp fuel-injected V8, 4-sp. Trunk out at rear. Convertible top cover pinched to body at driver's side. Fuel filler door poorly fitted. Driver's door pinched near bottom. Hard top has rusty drip rails. Driver chrome throughout showing scratches and light pitting, trim coming loose on driver's side. Older repaint in driver quality. Engine bay neat and clean, but nowhere near show. Grille was in very good condition and well fitted. Claims to be numbers matching. Cond: 3-. SOLD AT $123,200. The low production number and matching-numbers engine certainly helped out with this strong price. Resale red couldn't hurt either. The seller stated that the car had over $60,000 in restoration receipts but no mention of when that restoration occurred. By the condition, a while ago would be a safe guess. They are meant to be driven, and that was the case with this car. Keep driving it and restore it again down the road. Very well sold. #686.1-1961 CHEVROLET IMPALA SS 2-dr hard top. S/N 11837B132265. Black/red & white vinyl. 409-ci V8, 4-bbl, 4-sp. Claimed matching numbers. Driver's door out at top and in at bottom, passenger's door tight at rear of door. Front bumper heavily scratched, all other trim shows age. Paint in good condition with only light polishing marks. Body straight but not perfect, original glass hazy in areas. Very light polishing marks. Interior dingy and soiled along stitched seams, with otherwise good patina to leather. Well-sorted engine bay not to show quality. Cond: 3+. SOLD AT $88,000. A former Grand National and Senior Certificate winner, also awarded the Cadillac LaSalle Club Senior Gold Badge from Rhode Island... but the card failed to mention when those awards were presented. I presume that at one time this car 94 pitted and weathered, glass delaminating in areas. Driver-level interior is holding up well in places but is lifeless. Overall does not appear abused, but is lacking some 1950s sizzle. Cond: 4-. SOLD AT $19,800. The big fins will help sell this car, but I don't think the color will... although had the paint been fresh, it probably would have looked great. The interior just lacked the sparkle you'd want if you're going with a coupe. There were no rips or tears, but it had a dull look throughout. The bubbles under the paint told another story altogether, so buyer beware. The market loves these and they are showing some strong appreciation, so I would call this market correct with a slight edge to the seller. #672.1-1960 CHEVROLET CORVETTE convertible. S/N 00867S107391. Red/red/red. nice interior shows only minor use. Engine bay clean, but not done to show standards. Cond: 3+. SOLD AT $66,000. Stated to be an original 409 with documentation, and claimed to be one of only 142 SS cars built. The car had some needs, but it was better than a driver. Even though this was rare, it lacked the aggressive styling you'd expect in a performance car. Regardless, it was a forerunner of the more brutal muscle cars of the late '60s and early '70s, and in this condition, it was fairly bought and sold. #678.1-1961 CHEVROLET CORVETTE convertible. S/N 10867S110573. Blue & white/blue vinyl. Odo: 19 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Trunk high on driver's side, Sports Car Market

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Barrett-Jackson West Palm Beach, FL #656.1-1966 CHEVROLET CHEVELLE other panel fit beyond factory specs. Small blemish on license plate frame chrome, other brightwork shows minor scratches but is nice overall. Driver's seat a bit loose, balance of interior as new or better. Front bumper sits about a quarter inch low on passenger's side. Show quality paint on a better-than-factory body. Very little to fault. Claimed to have matching numbers. Cond: 1-. SOLD AT $129,800. An over-the-top restoration allowed for a betterthan-factory finished product. With excellent paint and a brand-new interior, this car just sparkled. You'd be hard pressed to find a better one. There was no mention of documentation, but the car was claimed to be a true 283/270. A market-correct result for the quality and precision of the restoration, but I would have wanted to see some paperwork. #645-1965 CHEVROLET CORVETTE coupe. S/N 194375S111131. Rally Red/black leather. Odo: 8,267 miles. 396-ci 425-hp V8, 4-bbl, 4-sp. Claimed to have matching numbers. Driver's door tight at bottom, passenger's door in slightly at bottom. Excellent chrome is a notch below show. Light polishing marks in paint all around. Hood paint shows noticeable prep issues and inconsistencies, nose at passenger side headlamp bucket shows poorly executed repair. Tidy engine bay could be better, interior appears mostly new, with teak steering SS 396 convertible. S/N 138676B185924. Black/white vinyl/white vinyl. Odo: 11,076 miles. 396-ci V8, 4-bbl, auto. Excellent panel fit to GM specs or better, great chrome shows only minor polishing marks and some very minor flaws in places. Relentlessly unforgiving black paint applied to show standards on a laserstraight body. Some unusual blemishes in paint on hood, including fairly large spotting that appears permanently embedded. Windshield frame shows noticeable wear at convertible top V8, 4-bbl, 4-sp. One of only 201 built. In the Z16 Registry. Very minor prep issues in paint, slight orange peel at cowl, excellent panel fit throughout. Trunk trim heavily scratched and weathered, passenger's vent window pitted, other chrome shows only minor flaws. T3 headlamps and Goldline tires fitted. Clean, detailed engine bay with very light use. Nice interior is losing the original luster. Cond: 2. SOLD AT $194,700. The Z16 package was made up of heavy-duty suspension, heavy-duty rear axle, 4-speed transmission, special frame, heavy-duty power brakes, unique power steering components, and a 160-mph speedometer. This Z16 had been previously owned by the founder of the Z16 Registry, so one would assume it was as correct as possible, and it seems the bidders agreed with that assessment. Rarely offered at auction, the registry claims that only 65 Z16s have been accounted for. Well bought and sold. #642.1-1966 CHEVROLET CHEVELLE SS 396 2-dr hard top. S/N 138176K1166773. Blue/black vinyl. Odo: 99,837 miles. 396-ci V8, 4-bbl, 4-sp. Driver's door out at bottom, passenger's fender tight at cowl. All trim polished with only light marking evident. Front bumper shows numerous scratches, paint blemished from poor paint booth conditions and shows touch-ups in places. Plastic windshield wiper arms look out of place. Restored interior shows use, with nice seats not done to show quality. Claimed to have matching latches, dash and gauges near perfect. Tight interior shows almost no wear. Cond: 2-. SOLD AT $117,700. This consignor went into great detail about the restoration and claimed that 99% of the car still sported the original “bornwith” GM parts. The mileage was stated to be original, with the car being trailered from show to show and not actually driven since 1982. As an investment, I agree this would be a great car to own, but not being driven since 1982 might spell trouble for someone looking to put it back on the road. Big money here, but this might have been the lowest mileage, most original SS 396 convertible extant. #635.1-1967 PONTIAC GTO convertible. S/N 242677K107580. Gold/black vinyl/black vinyl. Odo: 80,190 miles. 400-ci V8, 4-bbl, 4-sp. Fresh restoration with under 500 miles since completion. Passenger door wide at front, left fender out, other gaps very good. Show-quality paint, very nice chrome with almost no flaws, clean engine bay with some light use evident. Mint interior with only very wheel and nice leather. Older restoration, limited documentation. Cond: 3+. SOLD AT $117,700. A sandwich board strategically placed at the right front of the car made seeing the repair to the nose difficult. The hood paint showed many issues and was not consistent with the otherwise excellent paint. The L78 is one of the best big-block Bowtie powerplants ever produced, with published horsepower ratings most likely on the light side. This car could easily have some issues addressed to bring it up a notch or even two. A fair deal all around. #660-1965 CHEVROLET MALIBU SS Z16 2-dr hard top. S/N 138375K167369. Red/black vinyl. Odo: 55,330 miles. 396-ci 96 numbers, but there's no mention of any documentation. Cond: 3+. SOLD AT $74,800. This car was equipped with the desirable 375-hp engine rather then the more common 325-hp version. The consignor claimed a total frameoff restoration was completed on a no-rust body, and although there was no mention of when that restoration took place, it was easily apparent that it had been some time ago. Now in high-level driver condition, this was a great car—and it had already been broken in. Just on the high side of market correct. minor wear. Replacement engine with PHS documents. Cond: 2+. SOLD AT $66,000. This stalled on the block at $50,000, and then the bidders woke up to try and pick up a bargain. This Goat had the sought-after 4-speed tranny, but it was lacking a sizzling color combination, which might help explain the pause in bidding. Regardless, it was in fine condition throughout, and I see no harm in the price paid. Let's call this market correct. Sports Car Market

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Barrett-Jackson West Palm Beach, FL TOP 10 No. 10 #659-1967 SHELBY GT500 fastback. S/N 67410F7A2853. Green & white/ black vinyl. Odo: 72,883 miles. 428-ci V8, 2x4-bbl, auto. Trunk sits high, driver's door fit in at bottom front, other panel fit OK. Chrome and brightwork have numerous scratches and much appears original. Very good paint shows only minor prep issues, vent windows missing weatherstripping in places. Well-fitted interior has some minor wear throughout. Driver-quality engine bay is clean but not detailed. Cond: 3. SOLD AT $209,000. This was a nice driver- level Shelby that obviously has been used and enjoyed. I don't know how old the restoration was, but I would say it was done in stages as items deteriorated. Shelbys seem to be holding their own in the market despite the decline in muscle, and even though this was not the best car here, it was the high sale of the weekend. This was strong money based on condition, so I'd chalk this one up as well sold. #648-1968 SHELBY GT350 convertible. S/N 8T03J192482. Red/black vinyl. Odo: 42,740 miles. 302-ci V8, 4-bbl, 4-sp. Older respray with masking issues visible throughout. Trunk pinched at passenger side corner, door fit varied, bumper skewed and pushed in at passenger's side. Driver-quality chrome and trim, engine bay clean but not detailed. Interior weathered and looks very tired. An old used towards back window, other panel fit excellent. Some very minor blemishes in paint, highly polished chrome with only minor scratches. Rear window trim shows more scratches than other trim and has a few buffing burn marks where finish is dull. Interior is crisp and as-new. Mint grille. Cond: 2+. SOLD AT $126,500. One of 304 equipped with the factory a/c of 913 built. This highly-restored example was displayed by the consignor in fine fashion and drew a large crowd both before and after the sale. Bidding stalled at a more market correct $75k before a three-way bidding frenzy took off and ended at this number. This was a fine example, but the new owner spent over-the-top money to own it. Somehow, I expect to see a fresh crop of H/Os coming to auction in the near future. Very well sold. #658.1-1969 CHEVROLET CAMARO RS/SS 396 coupe. S/N 124379N610922. Black & white/white vinyl. Odo: 7 miles. 396-ci V8, 4-bbl, 4-sp. Variable panel fit probably near factory specs, but shows some issues. Trunk lid high, hood wide on right side, driver door out. Black paint shows every flaw in slightly wavy body. Slight cracking at rear window seams, minor scratches on bumper, single dent Excellent under the hood as well. Cond: 2. SOLD AT $121,000. Mach 1s don't come much nicer than this. It was black, it had an R-code 428 SCJ, the numbers matched, and it had low original miles and a complete restoration. Even all the smog equipment was present in a box. The original interior was excellent, but even so, the car came with a new interior kit. This was by far the best R-code at the sale, and although it was expensive, I can't fault the buyer for paying up to own it. #659.2-1969 CHEVROLET CAMARO Z/28 coupe. S/N 124379N566465. Silver & black/black vinyl. 302-ci V8, 4-bbl, 4-sp. Trunk fit off, passenger's door fit wide at bottom, chip in paint above driver's side rear wheel. Seventeen-year-old metallic repaint appears cloudy in areas, with a few touchups around hood and minor prep issues. Tidy engine bay shows some use. Claimed to have a GM warranty replacement block along with its original Protect-O-Plate. Interior excellent Shelby but should be a good candidate for restoration. Cond: 4-. SOLD AT $106,700. This Shelby had plenty of needs that showed from even ten feet away. The red paint lacked any real zest and the interior had clearly seen better days... had you walked on a used car lot around 1983 or so, you might have found this Shelby with its top down and a few balloons tied to the roll bar. This car was the right color and had some nice options, but the money could have bought a better GT350. #639.1-1969 OLDSMOBILE HURST/ OLDS 2-dr hard top. S/N 344879M396634. White & gold/black vinyl. 455-ci V8, 4-bbl, auto. Claimed matching numbers. Hood fit tight 98 in window trim. Very nice interior shows little wear. New glass all around. Excellent overall, but paint and body is a let-down. Cond: 3+. SOLD AT $107,800. I can't justify the price paid here no matter how optimistically I look at it. Granted, the black with white interior looked stunning, but the car appeared to have plenty of needs. There was no claim of matching numbers, which often means they don't, and there was no mention of documentation, either. This had plenty of desirable options, but the money spent was well over the top, and I'd call it very well sold. #649-1969 FORD MUSTANG Mach 1 428 SCJ fastback. S/N 9T02R126501. Black & red/red vinyl. Odo: 33,827 miles. 428-ci V8, 4-bbl, 4-sp. Claimed matching numbers and correct mileage. Excellent panel fit, no specific paint issues to note, ultra-straight body. Original unrestored interior looks immaculate. and shows nearly as new, with some wear to steering wheel. Cond: 3+. SOLD AT $63,800. If you had been looking for an authentic Z/28 that you could drive, this may have been a good choice. This one had a great color combination, although the paint was clearly showing its age. I'll call this a fair deal for both buyer and seller—with the advantage to the buyer. #640.1-1969 DODGE SUPER BEE 2-dr hard top. S/N WM23M9A270693. Orange/ black vinyl. Odo: 55,395 miles. 440-ci V8, 3x2bbl, auto. Trunk out a tad, passenger's door out at bottom. Excellent paint on a straight body shows only light polishing marks, decent chrome lacks good luster. Interior in very good condition showing only light use. Offered with build sheet and original window sticker. Correct appearance under the hood, no mention of matching numbers. Cond: 2-. SOLD AT $78,100. These cars started their lives as 383 cars before being upgraded as “package cars” with A12 options. They are reportedly the fifth fastest muscle cars of all time, but don't put them into the twisties, as they handle like a bathtub on two wheels. Sports Car Market

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Barrett-Jackson West Palm Beach, FL painted in silver rather than original chrome. Nice engine bay is by no means anywhere near original, with new engine reportedly putting out 525 hp. Pistol grip shifter. Cond: 4+. SOLD AT $55,000. The VIN showed this to be a real Road Runner, but it was a made-up faux Hemi car with a 5-speed Tremec transmission. Although I'm sure this will make a great Saturday night bruiser, it was a lot of money to spend just to be able to say, “It's got a Hemi.” Very well sold. This one had good basic documentation, but the automatic on the column held it back as bidding stalled at $45k. As I scrambled to explain my creditworthiness to a nearby B-J spotter, bidding warmed up to this final sale amount. A fair deal for both buyer and seller. #676.1-1969 SHELBY GT500 fastback. S/N 9F02R480601. Red/black vinyl. Odo: 60,544 miles. 428-ci V8, 4-bbl, auto. Trunk out at rear, appears to have body putty in lower passenger door. Paint shows some prep issues, light polishing marks, and one heavy scratch to rear tail pan. Interior is rather well worn and shows plenty of use. Fitted with tilt wheel. Claimed full rotisserie restoration of a matching-numbers example. Cond: 3. SOLD AT $110,000. This #640-1970 FORD TORINO Cobra 2-dr hard top. S/N OR38J141854. Yellow/black vinyl. Odo: 39,655 miles. 429-ci V8, 4-bbl, auto. Numbers-matching J-code Ram-Air V8. Driver's door sits a tad low, all other gaps excellent. Beautiful paint over excellent prep work, superb chrome and trim. Rear driver's side quarter glass trim dented. Very nice engine bay to factory specs or better, gauges faded correct as possible. Only 716 Superbirds were built with the 440 Six-Pack option, and considering the miles, 4-speed, and great documentation, I'd place this in the well bought column. #690-1972 CHEVROLET CHEVELLE SS 454 2-dr hard top. S/N 1D37W2B651652. Orange & white/parchment vinyl. Odo: 50,077 miles. 454-ci V8, 4-bbl, auto. One owner from new. Mostly original paint shows evidence of touch-ups in places, plenty of polishing marks, and some very thin spots. Good panel fit varies in places. Rear SS stripe bleeds into paint at trunk channel as per factory. Interior excellent and claimed all original except for back seemed to be a very honest example that showed road use and plenty of enjoyment over the years. It appeared to have been consigned by the same seller as the GT350 in lot 648, since both cars displayed dealer-like vinyl graphics affixed to the windshield attesting to their rarity and desirability. The automatic will hurt the end result on a car like this, as 4-speeds will always command a higher premium. Market correct and a fair deal all around. #691-1970 PLYMOUTH ROAD RUNNER Hemi Replica 2-dr sedan. S/N RM21NOG148543. Orange/black vinyl/black vinyl. Odo: 77,715 miles. 472-ci V8, 4-bbl, 5sp. Driver's door out at bottom, some Bondo patching visible in trunk channel, cowl dented and creased at driver's door edge. Bumpers, chrome, and trim dented in areas and not wellfitted. Decent paint shows some masking issues, flat black stripe bleeds into orange paint. Newly fitted interior with dash gauge edges poorly in dash, steering wheel shows use. Carefully restored using as many OEM parts as possible, and very well presented with lots of documentation. Cond: 2+. SOLD AT $68,200. This car sparkled, and it had a constant crowd around it. It might have just been the bright yellow paint, but it was more likely a combination of the huge 429 Cobra Jet engine, matching numbers, original body panels, and great documentation. Price paid was market correct for what is surely one of the best Torinos out there. #649.1-1970 PLYMOUTH SUPERBIRD 2-dr hard top. S/N RM23VOA181268. White/black vinyl/black vinyl. Odo: 20,753 miles. 440-ci V8, 3x2-bbl, 4-sp. Claimed original mileage. Excellent paint shows no serious issues. A-pillar area under front glass on both sides shows signs of previous corrosion repair. Panel fit as good as original, with both doors out at bottom. Chrome nice, but not to show seat cover. Carpet appears to be new as well. Clean engine bay, replacement engine. A great factory-typical car for paint, interior, and panel fit. Much documentation, miles claimed original. Cond: 3-. SOLD AT $66,000. The owner purchased this car when he was 16. Richly documented with original papers, repairs, insurance invoices, track time slips, and every receipt since new. He even had the Chevrolet brochure with the boxes checked for the 454 and special orange paint. It was an emotional result, as the now-52-year-old “kid” watched his car skyrocket to a strong result. He told me it was very tough to let it go. #614.2-1976 PONTIAC TRANS AM 50th Anniversary coupe. S/N 2W87W6N588098. Black & gold/black vinyl. Odo: 62,734 miles. 455-ci V8, 4-bbl, 4-sp. Passenger's door wide at back, driver's door front out at bottom, trunk fit good. Fitted with 50th Anniversary gold package. Decent paint shows plenty of prep issues and light polishing marks, very good interior fitted with new seats. Engine bay clean standards. Engine compartment factory-correct with only minor modifications such as hose clamps. Black vinyl top very well fitted. Good options and lots of documentation from new. Cond: 2. SOLD AT $184,800. One of two Superbirds given to a pair of brothers by their father, who owned a Chrysler dealership. This one had a repaint and was claimed to be numbers-matching, and it was restored to be as 100 but shows plenty of use. A notch above driver quality, but not by much. Mileage claimed original. Cond: 3. SOLD AT $34,100. This T/A had all the desirable features, and it represented the last of the big-cube engines, and as such, it was one of the last iconic American muscle machines. Well sold, but prices seem to be heading north. ♦ Sports Car Market

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Bonhams Warwickshire, UK Collectors' Motor Cars at Race Retro $181,000 for a Ford Escort? It was a special one, but these little cars are big news at the moment, and Bonhams achieved two world-record prices Company Bonhams Date March 15, 2008 Location Stoneleigh Park, Warwickshire, England Auctioneer James Knight Automotive lots sold / offered 34 / 50 Sales rate 68% Sales total $1,100,711 High sale 1972 Ford Escort RS1600 rally car, sold at $181,685 Series I XKE made $51k Report and photographs by Paul Hardiman Market opinions in italics B onhams assembled a mixed bag for its second auction at Race Retro, the annual International Historic Motorsport Show. Ford Escort Mk Is, a flavor of the last couple years with their dominance in the still-growing sport of historic rallying, featured heavily, with “ultimate,” “nice,” and “needy” examples on offer. This year's star lot was the 1972 2-liter RS1600 Buyer's premium 15% on first $60,900, 10% thereafter, included in sold prices (£1=$2.02) The other had been converted to a V8 rally car, and it sold to a new owner at $58,363. A '68 Corvette convertible showed promise, but TV serial use hadn't been kind to its cosmetics, and it was bid to only $15,600. As almost always is the case, competition cars usually sell for less than Warwickshire, UK built at a cost of over $250,000 for Bjorn Waldegard to contest the recent East African Safari Classic. Thankfully for its lady patron, he was successful and triumphed, and the almost-new car that had been extensively rebuilt halfway through the rally could not have been replicated for the $181,685 it cost its new owner, who secured the car via telephone. The second Mk I, an ex-Ford press and then rally back-up car, had been restored to better-than-new road trim, and it found new ownership here at $51,359. It was the second ex-company fleet restored Mexico in as many months to hit more than $50,000—both the above prices being records. Even a basket-case '74 rolling shell sold at $3,735, helped along by MSA rally papers. Their lightweight, good handling, and simplicity have made Escorts winners since their launch in 1968, but what keeps them on top in the U.K. market now is that just about all competition parts are available. Two '65 Mustang coupes were offered, both originally base-model 6-banger coupes. One had a super-sharp restoration to original condition, but it didn't sell at $18.000. 102 their build costs, and this year there were some super deals to be had. Two rally Minis sold after the sale at $9,923 and $14,886, respectively, or about half what their sellers originally envisioned, and a barn-find Emeryson Special will make a fascinating project at $40,854. Among the noteworthy road cars available, a very original '90 Audi “MB” Quattro went home with a delighted private buyer after he had successfully bid $22,878 to own it. There's debate over whether it's a good plan to hold a sale in conjunction with an auto show, however popular that show may be. These two were separated by a couple minutes' hike, and although some potential bidders saw nearby halls full of automotive displays as simply another obstacle to negotiate, a few show-goers were curious enough to shell out another $40 to see what the fuss was all about in the “added attraction” of the auction. Thanks as ever to the ebullient efforts of auc- tioneer (and International Managing Director) James Knight, plenty of good cars found new homes at fair prices. But there's a further question: Do the interspersed road cars leaven the otherwise wall-to-wall competition iron, or do they break up the rhythm, making the sale a schizophrenic ordeal for serious buyers? It's hard to say, but regardless, sales dropped only slightly from the $1.2 million realized last year, which showed a solid market for both types of fare in Stoneleigh Park. ♦ Sales Totals $300k $600k $900k $1.2m $1.5m 2008 2007 2006 Sports Car Market

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Bonhams Warwickshire, UK ENGLISH #344-1947 EMERYSON SPECIAL Single- Seat racer. Red/bare aluminum. No chassis number, engine, or transmission. Quite possibly a “lost” car from the fertile imagination of Paul Emery and his father. Found with Bristol engine, since removed. Rolling chassis with may be genuine. Cond: 3+. SOLD AT $4,436. As it was at a motorsport-oriented auction, this was aimed at the historic rallying fraternity, as these do well in road events. Sold at a fair price for condition. #330-1959 MG A 1500 roadster. S/N HDK1340287. Eng. # 2230B148. Red/white fiberglass/black leather. RHD. Odo: 10,067 miles. Described as a 1600 Mk I, but chassis number says it started as a RHD 1500 in Orient Red. Restored in '88, built into a rally car later and still solid. Door fit a bit approximate, some paint scuffs, interior leather good. Competition prep includes bored and tweaked B motor with SUs fitted for road use, hard top, harnesses, Halda tripmeter, and 60-spoke wheels. #327-1964 AUSTIN-HEALEY 3000 Mk III Phase II 2+2 convertible. S/N HBJ827763. Eng. # 29KRUH2486. Red/black mohair/black leather. RHD. Odo: 17,676 km. Restored in 1991. Body still straight, good paint and chrome. Chassis rails solid and not hammered, body easily restorable. Unique trailing arm suspension all there, brakes and wheels look OK. Cond: 4-. SOLD AT $40,854. Someone had researched thoroughly enough to reckon this was worth building up. It was unique and therefore hard to value, but if a Cooper-Bristol is $160k, then this could have been a smart buy. #325-1950 JAGUAR XK 120 roadster. S/N 660348. Eng. # W25237. Green/black leather. RHD. Odo: 23,050 miles. Some way off concours, but wonderfully appealing overall. Doors fit well, rear floor perfect, paint shows a few bubbles and sink marks. Chrome OK with Ready for more rallies but could be made to look near-standard again quite easily. Cond: 3. SOLD AT $23,345. Last sold for $20,079 at H&H's London sale in May '06 (SCM# 42278), then described as a 1957 1500. It was cheap compared with standard A roadsters in similar condition, and as with all competition machinery, you couldn't build it again for the price. With the hammer price $3k behind the bottom estimate of $26k, this was well bought. #318-1964 JAGUAR XKE SI coupe. S/N minor dings and pitting, interior good. Kept by the last owner since 1965. Cond: 3. SOLD AT $71,152. Sold to a telephone bidder after dealers climbed out, saying “It's too much.” Perfect XKs are $100k, and this one wasn't quite there and was all the better for it. A fair buy. #304-1956 STANDARD SUPER EIGHT saloon. S/N CS77525DX. Gray/gray vinyl. RHD. Odo: 57,361 miles. Restored from bare metal from 1989-1994, and still a nice clean car. No obvious rot, chrome in good shape, interior original and tidy. Rebuilt engine. Mileage interior like new. Engine bay concours with no leaks. Dunlop RS5s a nice touch. Cond: 2-. SOLD AT $51,359. Last seen at Sotheby's London sale in March '92, where it sold at $18,925 with zero miles on the clock (SCM# 20067). A good buy for a sharp-looking early XKE that, despite concours pretensions, probably wasn't quite as good as it looked. It was slap in mid-estimate territory, so both the buyer and seller should be happy. 104 Sports Car Market 861530. Eng. # RA57549. Red/tan leather. RHD. Odo: 2,654 miles. Straight body, restored in the 1980s and put away since. No rot visible, but body is slightly rough in upper door shuts and shows a few dust marks in paint. Recent rear suspension rebuild and other work leaves it looking new underneath. Chrome wires starting to surface rust, other chrome slightly pitted, massive welded-in cage, original timber dash. Cond: 3-. SOLD AT $15,174. Last sold by Bonhams here last year for $23k, but unused since. With that in mind, this looks a bargain. Well bought. #332-1966 MORRIS MINI COOPER 1275S rally car. S/N KA2S4799834. Eng. # 8AMUH54370. Blue/white/red velour. RHD. Odo: 21,557 miles. An original S restored in 1993 after years of competition. Straight body and chrome, very good floors, tidy interior with buckets, roll cage, and Brantz tripmeter. Engine rebuilt as a 1293 in 2001. FIA exhaust good, tidy engine bay. Leather looks fairly recent, Moto-Lita wheel fitted. Cond: 3+. SOLD AT $44,356. This may have been a left-hander at one time, but so many have been converted that it's not as much of an issue in terms of pricing anymore. Not a bad price at auction for buyer or seller. #335-1964 JAGUAR S-TYPE 3.8 racer. Blue/black velour. RHD. Well-known race car built up from '97-'98, and one of quickest in the U.K. Straight and tidy for a racer, good Minilites fitted. Seam-welded body,

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Bonhams Warwickshire, UK papers. Cond: 2-. SOLD AT $14,886. Sold immediately after the sale at about half what the owner was originally looking for. A good buy at far less than the sum of its parts. #346-1966 ASTON MARTIN DB6 coupe. S/N DB62673R. Metallic red/black leather. RHD. Odo: 25,523 miles. Sharp body and paint, chrome redone and still good, interior fairly fresh, dash excellent. Engine bay poorly new owner should drive and enjoy... just don't lift the lid at club meets. presented but fitted with new coil. Engine converted to run on unleaded fuel in '01, transmission rebuilt in '06. Believed to be a no-stories example. Cond: 2. SOLD AT $92,365. This sold bang in middle of its estimate and was a fair price for the model and its condition. The auto trans keeps the price down in U.K., but if you'd rather leave the shifting to the slushbox, this was a decent deal. #329-1969 FORD LOTUS CORTINA Mk II 2-dr sedan. S/N BA91GT30950. White & green/black vinyl. RHD. Odo: 2,281 miles. Body straight and looking hardly used, paint shows one blemish one bubble on left door. Underside rot-free and not bashed. Done to full rally specs, including cage and extinguishers. #301-1969 MG C convertible. S/N GCN12416G. Blue/black vinyl/black leather. RHD. Odo: 9,947 miles. Not pretty, but appears solid and original. Older repaint microblistered and fading, overspray showing on rubber trim. Black leather cracking and fading, painted wires rusting. Structurally looks OK, but it's hard to tell with the front fenders installed. One owner from new with no documentation, but ‘roo bar on front. With mods to suspension and roll cage plus smaller brakes and wheels, it's eligible for European historic events. Cond: 3. SOLD AT $181,685. Sold to a telephone bidder who paid a new world record for a Ford rally car and for an Escort rally car. A readymade Safari winner at less than its build cost. Probably $20,000 would be needed to make it Euro historic eligible, but this price was still not out of line in the current market. mileage could be genuine. Cond: 3-. SOLD AT $8,404. The price paid here was about all one could reasonably expect, as Cs are worth little more than Bs. If sills and castle sections are sound, this could turn out to be a nice easy project, but even if best-case scenarios are found throughout, there's no profit here. One for the home restorer. #315-1972 FORD ESCORT Mexico 2-dr Spares include extra wheels and sumpguard. Cond: 3+. SOLD AT $20,544. As is almost always the case with competition cars, this one was bought for way less than its build cost. Mk IIs (which Ford called Cortina-Lotus) have always lagged behind Mk 1 Lotus Cortinas, and this is still the case. A market-correct price. #342-1969 ASTON MARTIN DBS Vantage coupe. S/N DBS5533R. Red/black leather. RHD. Odo: 83,062 miles. A Vantage without a Vantage motor. In fact, it doesn't have an Aston motor at all, instead sporting an XK six, presumably because it was cheaper, which was installed when the car was restored in '04. The conversion was well done and the owner claims 40 psi and 70 degree temps with no leaks from the engine or trans. Good body and paint, leather just starting to crack. Cond: 3. SOLD AT $28,599. This final number was not far off the price of a half-decent DBS with the correct motor, so bidders clearly agreed with the converter here. The car was also probably helped by being in overall fine order. The 106 sedan. S/N BFATMC70033. Eng. # MC70033. Red & black/black vinyl & velour. RHD. Odo: 22,579 miles. Ex-Ford Sweden press car, used as back-up on '73 Safari Rally, immaculate restoration in early noughties by leading specialist and still with original bodyshell and engine block. Converted to RHD. Owner has #322-1973 JAGUAR XKE SIII coupe. S/N 1S51779BW. Eng. # 7S10971SA. British Racing Green/green leather. RHD. Odo: 84,091 miles. Relatively straight body with no obvious rot, claimed restored in 1983 although no receipts are present. Fair paint with a few minor dings, scratches, and bubbles. Good chrome, leather could use a cleaning. Newish stainless exhaust. Said to start and idle easily. and this perfect car, obviously from the hands of a fastidious owner, was unrepeatable. The money spent was justified. #328-1972 FORD ESCORT RS1600 rally car. S/N BFATMS00041. Eng. # MS00041. White & blue/black cloth. The “ultimate Escort” East African Safari winner, built for Bjorn Waldegard at cost of $250k in 2007 using the best of everything. Many major components changed for new mid-way through rally. Presented just as it finished the event, with a covering of Kenya dust and bent and welded MOT good till August. Cond: 3. SOLD AT $18,676. Not on the road for a while and a bit of an unknown quantity, although the low price will allow for some recommissioning and sorting on a fundamentally sound base. Bonhams didn't expect much for this, so it can be considered fairly bought and sold at this upper-estimate valuation. even had special “1760GT” badges made up to denote overbore. Minilites, strut brace, twin 40s, bucket seats. Pull off some of the stickers and it would be spot-on. Cond: 1. SOLD AT $51,359. This sale price was just over the low estimate of $48k, but it was still a record for a road Mexico. Escorts have gone mad recently #324-1973 ASTON MARTIN VANTAGE coupe. S/N AM6023RA. Eng. # 4004935SVC. Blue/blue leather. RHD. Odo: 65,839 miles. Restored in 1993 and still in overall sound condition. Good panel fit, rocker panels, and jacking points. A few dings and scrapes visible in left rear flank, several blemishes in rear bumper. Sports Car Market

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'49 Stanguellini Barchetta Sport 1100 '53 Bandini 750S '62 Lancia Flaminia Coupe Zagato '53 Bandini Maserati '57 Fiat 1200 Grandluce '23 Delage DIS Torpedo LWB '34 MG PA Supercharged '63 Porsche 356B Carrera '56 Facel Vega FV2 '63 Triumph TR4 '33 Fiat Ballila Coppa d'Ora '56 Isetta Velam Soft Top Coming Soon! 1971 Lamborghini Miura SV '63 Maserati 3500 GTi Superleggera '56 Rolls Royce Silver Cloud I '46 Delahaye 135 MS Body by Chapron '72 Fiat Dino Spider 2.4 ltr '48 Fiat Gobbone 1100 S 1955 Chevrolet Bel Air 2-Door SOLD! SOLD!

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Bonhams Warwickshire, UK Interior good, engine bay tidy. Said to have good oil pressure. Cond: 3. SOLD AT $44,356. This brought a premium over its high estimate of $34k, but this was not massive money for a solid car. Sixes were considered less desirable than V8s, but they're catching up. From same deceased estate as the V12 XKE coupe and Mondial in lots 322 and 323, and all sold to the same buyer. #340-1973 JAGUAR XKE SIII convert- ible. S/N 1S51958. Eng. # 7S12886SB. Green/ black mohair/tan leather. RHD. Odo: 10,927 miles. Left the factory as a 2+2, converted in the '90s using a new convertible tub. Panel fit, paint, and chrome good, interior unworn, runs 71,129 miles. No motor or transmission. A rolling caged shell with MSA Rally logbook, last used in '91. Rust present nearly everywhere, especially in A-pillars, but body is generally more solid than it looks. Unobtainable front fenders unique to RS/AVO cars OK. Suspension needs a complete rebuild. Still has dash and headlights. Cond: 5. SOLD AT $3,680. Prices of Mk I twodoor Escorts have gone mad recently, and this just illustrated what the market thinks a rough rolling shell with a logbook is worth. This was a total project, which would usually be bought for its identity only. However, the private buyer said he intended to restore it into a rally car. Most parts are available (apart from those front fenders), but he's certainly in for some tough sledding. Well sold. #301A-1975 MG B GT coupe. S/N GHD5369136G. Eng. # BHM111E61524. Green/black velour. RHD. A tidy car with bills for fenders, rocker panels, and doors. Recent repaint still looks decent, engine number suggests replacement Heritage unit. Interior just quietly. Mileage shown is since rebuild. Cond: 3. SOLD AT $70,035. An original this good would be worth close to $100k, so buyers were quick to see the appeal of this 15-year-old, 35-year-old roadster. It was not hiding anything and was very well done, and that was reflected in the fair price paid. #349-1973 JENSEN INTERCEPTOR Series III coupe. S/N 1368514. Eng. # 3C11572. Venetian Red/cream leather. RHD. Odo: 10,055 miles. 440-ci V8, 4-bbl, auto. Nice overall look, all chrome and grille show well after $80k restoration in 1992. Some OK. Fitted with overdrive transmission. Cond: 3. SOLD AT $3,502. Rubber-bumper Bs in unflattering colors aren't worth much, but at this money, you couldn't have gone wrong with this straight coupe as a cheap daily driver. Well bought and sold. GERMAN #331-1967 MERCEDES-BENZ 250SL convertible. S/N 11304322064147. Red/red steel/cream leather. RHD. Odo: 93,888 miles. California coupe equipped with hard top and small rear seat in place of soft top. Looks surface rust on rocker panel joints underneath will need attending to soon. Interior clean, later alloys unmarked. Cond: 2. SOLD AT $22,178. This was close to the lower estimate of $20k, but it was a relative bargain for a Series III, as prices of good examples of all ages are hardening. A good buy. #351-1974 FORD ESCORT Mexico 2-dr sedan. S/N BFATPS000400. White. RHD. Odo: 108 one tiny ding to top of front fender. Alloys unmarked, digital-dash interior clean. Full service history. Cond: 2. SOLD AT $22,878. Sold to a delighted private enthusiast after telephonebidding dealers had dropped out. He said he's going to keep it “and drive it.” Good Quattros are hard to find now, and this was a fair buy at a market-correct valuation. ITALIAN #348-1974 FERRARI 308 GT4 Dino coupe. S/N 08602. Red/black leather. RHD. Odo: 5,980 miles. Original RHD car supplied Sports Car Market straight enough, but rust is creeping out of rear arches and grille surround is dented. One star ding in hood. Interior good, dash excellent. Engine replaced by 2.8 unit in 2006. Cond: 3-. SOLD AT $32,683. Last seen at Bonhams Hendon in April '05, where it sold at $32,865 (SCM# 38456). With dinged chrome and rust worries, it was good to get it away at this price. The seller had taken the fall for the cost of the engine change and servicing, which made both parties about even. A fair deal. #343-1982 PORSCHE 911 TURBO coupe. S/N WPOZZZ932C5000657. Red/red leather. RHD. All 911 body pitfalls show up here, including rust bubbles in scuttle to front fender joints and under both headlights. Welded repairs in front trunk corners were probably due to rust, not crash damage. Interior not bad, alloys unscuffed, exhaust and heat exchangers OK. Oil mist visible under motor. Cond: 3-. SOLD AT $22,178. The price says it all. This would have been cheap even for a 3.2 Carrera. However shrewdly informed, this was a brave buy, and there are other much better cars out there that could work out to be more economical in the long run. #308-1990 AUDI QUATTRO coupe. S/N WAUZZZ85KZA00086. Eng. # MB001559. Pearlescent White/gray cloth. RHD. Odo: 95,118 miles. Turbocharged all-wheel-drive coupe. Almost unmarked original condition with a few minor paint scuffs at back of driver's door and

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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 1958 Kellison J-4R coupe. Early Kellison frame with correct J-4R body. Fresh 327 Chevy, Saginaw 3-speed. Successful tour competitor. California title and registration. $45,000. 1955 Bristol 404. Known as the “Businessman's Express” due to its unique combination of speed and refinement. Very rare LHD example inexcellent mechanical condition. $118,500. 1960 Lotus Elite Series I, s/n 1503. Restored. Properly sorted and a proven competitor. Ideal for tour car for an enthusiastic owner. LHD. Black leather upholstery, ZF gearbox, twin Webers, roll-bar, fuel cell. $85,000. 1967 Alfa Romeo Giulia GT Veloce. Beautifully restored “Step Nose” in great colors. Solid, low miles with all of the neat features that make this model so desirable and fun to drive. $38,500.

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Bonhams Warwickshire, UK Alfa Bits Recent Il Biscione sales on eBay by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #160171434491-1974 ALFA ROMEO GTV 2000 coupe. S/N AR3024419. Putty/black. Odo: 95,345 miles. 16 Photos. Santa Barbara, CA. 95k miles. “California Blue Plate Special... New paint (within 2 years) same factory formula putty beige.” Interior almost entirely new. Lots of new trim, rubber, and chrome. “Runs better than it looks and is a true quality unmolested example of the very last year that these wonderful cars were produced. The Spica fuel injection works great and I have it on all my Alfas and continues to be very reliable.” 15 bids, sf 104, bf 0. Cond: 2-. SOLD AT $18,810. If you don't have to have patina, this was the car to buy. It was restored, ready to enjoy, and cost less than the price of a new GTI. Well bought by a few thousand dollars. #130183503698-1974 ALFA ROMEO GTV 2000 coupe. S/N 3022608. Silver/black. 22 Photos. Sarasota, FL. “$30,000 in receipts for work completed in last 2 years. Mechanically fantastic - just completed 1,000 mile ‘Mountain Mille' without a single hiccup. Body is straight, no rust. Older repaint is decent, but not perfect. Chrome bumpers, mirrors, grill, etc is in great condition.” 17 bids, sf 26, bf 0. Cond: 3+. SOLD AT $20,000. This was re-run on eBay for “failure to pay.” If we ignore what that might have to say about how bad the paint really is (and assume it was just a deadbeat bidder), this was a real bargain—but that's not to say that it should have cost more. Price was fair, but the seller's loss on mechanicals indicates real value pricing. #180168395455-1974 ALFA ROMEO GTV 2000 coupe. S/N AR3024583. Burgundy/tan. Odo: 143,173 miles. 18 Photos. Costa Mesa, CA. Entire description is “Original California car with very solid untouched floors, runs very good, second gear syncro is in good shape, all the gauges work, brakes are firm, window surround dinged in places. Alloys unscuffed, interior complete and good for the year. Unused since at least early '07, so it will need some light recommissioning. Cond: 3-. SOLD AT $14,007. This wasn't the most desirable variant, but nice early ones of this type cost twice as much. It could lead to a rewarding relationship with a couple thousand bucks thrown at it, or it could just get expensive in a hurry. SWEDISH #312-1964 VOLVO 122S rally car. S/N 109440. Eng. # 92727. Red/black velour. Odo: 40,794 miles. A well-prepped example of a solid saloon built from a bare-metal shell in 1997, with some class wins in historic stage rallies. Straight body, painted bumpers, chrome steering is straight. A nice driver ready to enjoy.” Underside is solid but oily and orange. 24 bids, sf 132, bf 232. Cond: 3-. SOLD AT $11,221. Half Price? Maybe. What are the odds that a high-volume, low-priced sports car dealer would misprice this fine car? I'll give you better odds that a middle-aged bus driver from Milan just died and went to heaven for €8,000 and a prayer. Do you feel lucky? ♦ 110 confirming if all vacuum flaps and fiber-optics still work, or if it still has its original 327. Irish registration. Cond: 3-. NOT SOLD AT $15,600. This Florida import from 1988 might have been a bit rough, but it would have sharpened up easily, and it was still a '68 with manual shift. Sadly, most British buyers don't recognize the distinction, and it remained unsold. ♦ Sports Car Market fitted. Dated fuel cell. MSA papers. Cond: 2. SOLD AT $58,363. This sale price fell slightly behind the low estimate of $60k. Mustangs are rare on the Euro rally circuit, and it's a fair bet that this may metamorphose into a racer. It was not original anyway, so it'll be a good starting point at a fair price. #317-1968 CHEVROLET CORVETTE convertible. S/N 194678S402918. Red/black vinyl/black vinyl. Odo: 27,596 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Body fair, fiberglass shows chips in nose and one chunk missing from driver's door, possibly from its life as a TV car in the U.K. Paint microblistered, interior good, dash OK, door trim fit poor. Western turbine wheels good, outside exhaust fitted. No to Jersey, on the mainland from '83. Overall good condition as part of ongoing restoration. No rot at windshield surround, sills, or door bottoms. Retrimmed interior nice, good Ansa exhaust fitted, some suspension rubbers perishing. Speedometer changed in 1987, mileage unknown before. Cond: 3. SOLD AT $20,544. Prices of sharp-creased '80s Ferraris are hardening, but they haven't affected this one yet. A fair and honest price for a decent example. #323-1983 FERRARI MONDIAL coupe. S/N 47377. Eng. # 47377. Chiaro/tan & gray leather. RHD. Odo: 54,642 miles. Paint and body fair for the year but showing some issues, including various touched-in paint chips, flaking finish to black trim around windows, rear mostly good but flaking from trunk handle and bezel. Expensive race-prepped motor and trans, no leaks. Five spare wheels and tires included. Cond: 3. SOLD AT $19,143. This final sale price was just under the lower estimate of $20k. With FIA papers and being eligible for pre-'65 European events, there's a lot you could do with this, especially if you sourced some interior trim to go road rallying. Couldn't be replicated this well for the money, so consider this a good buy. AMERICAN #333-1965 FORD MUSTANG coupe. S/N 5ROT224756. Red/black velour. Odo: 14,000 miles. 289-ci V8, 4-bbl, 4-sp. Body straight, sills and floors good. Tidy 2003 rally build of a sharp-looking original straight-six coupe. Fenders and doors removed for painting. Good spec engine shows no leaks, Monte Carlo bars

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RM Auctions Ft. Lauderdale, FL Collector Cars of Ft. Lauderdale A Derham-bodied Duesenberg convertible coupe went unsold at $640k, but Jimmy Buffett's “Margaritaville” Metropolitan found a new home at $19,250 Company RM Auctions Date February 15–17, 2008 Location Ft. Lauderdale, Florida Auctioneer Brent Earlywine Automotive lots sold / offered 330 / 455 Sales rate 73% Sales total $17,976,715 High sale 1966 Shelby Cobra 427 roadster, sold at $781,000 Buyer's premium 10% (Included in sold prices) Quality remained high across the board in Ft. Lauderdale Report and photos by Carl Bomstead Market opinions in italics F or the second year after having moved from its traditional location in Boca Raton, RM Auctions, in conjunction with Donnie Gould, re- turned to the Greater Fort Lauderdale/Broward County Convention Center for its annual mid-February sale. RM refers to this three-day event as its general line auction, and even though the 455 cars on offer were more eclectic than those at its more specialized events, a certain standard of quality was apparent. Offerings ranged from a very nice 1929 Duesenberg convertible coupe with coachwork by Derham to Jimmy Buffet's 1958 Nash Metropolitan convertible. The Duesenberg was a no-sale at $640,000, while the “Margaritaville” Metropolitan found a new home at $19,250. If small cars are of interest to you, then this was your event. About a dozen were offered, including a 1951 Cushman Ice Cream cart, which sold at $30,800 (see May Profile, p. 60), a 1957 Messerschmitt KR200 that brought $28,050, and a well-presented 1951 Fiat Jolly, which sold for a strong $70,400. A number of CCCA Full Classics were presented, and the majority sold at current market levels or above. Three Chrysler 300 letter car convertibles sold at sixfigure prices, with the highest of the three—a 1960 300F convertible—bringing $170,500. A 1966 Shelby Cobra 112 427 roadster, which was well maintained and documented by the Shelby American Automobile Club Registry, was the high sale of the auction. It had been in the same ownership for the past 20 years, so a tidy profit must have been realized when it sold for $781,000. Batmobiles have been in abundance of late. Only one was presented Ft. Lauderdale, FL here, and it sold for $134,750— significantly below the $203,500 realized for one at Barrett-Jackson in January of this year. Another, driven to the auction by its curious owner, was parked outside the Convention Center. All were from a run of about 25 recreations of the original George Barris cars. Aside from the Duesenberg, notable no-sales included a 1953 Cadillac DeVille convertible that was bid to an insufficient $39,000, a 1957 Ford Thunderbird that failed to find a new home at $77,000, and a 1969 Camaro SS L89 that returned to its seller at $95,000. If there was a concern with the auction it was with the accuracy of the information cards on the vehicles. Some errors, such as colors, were obvious, but others, such as calling a 1948 Chrysler T&C a Full Classic, were misleading. But overall, it was a wonderful event, a great location, and the cars were high quality. Besides, where else in the country can you have a plate full of delicious Conch Fritters and convince yourself you are eating “heart smart?” ♦ $5m $10m $15m $20m $25m Sales Totals 2008 2007 2006 2005 2004 2003 Sports Car Market

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RM Auctions Ft. Lauderdale, FL ENGLISH #SP34-1956 JAGUAR XK 140 MC road- ster. S/N 5811670. Red/tan fabric/tan leather. Odo: 39,945 miles. Recent restoration to high standard. Excellent panel fit, quality respray with no issues. Engine bay clean with no Jaguar leaks and streaks. Tan leather interior be blue-chip investments, and this one can be considered well bought and sold. #SP166-1964 AMPHICAR 770 convert- newly installed and well done. MC performance package fitted, including fog lights and 30 more horsepower. Cond: 1-. NOT SOLD AT $95,000. The seller was looking for a bunch more than was bid here, and rightly so. An example in this condition and with the MC package should bring closer to $125k, so by all accounts, this bid was off the mark. GERMAN #NR90-1957 MESSERSCHMITT KR200 cabriolet. S/N 555554. Red/black vinyl. Odo: 10,158 miles. More like a motor scooter than a car, with three wheels and handlebar steering. Claimed top speed of 62 mph. Decent but not great overall condition, with paint chips around panel edges and some dry weatherstripping. in September '04, where it sold at $48,060 in #3 condition (SCM# 35004). Many feel these are bad boats and worse cars, but they're very cool if you live on a calm lake. One of these seems to show up at every major auction, as sellers are looking to duplicate the $124k sale at Barrett-Jackson two years ago (SCM# 40359). The market seems to have settled at the $60k–$70k mark, and this one sold at the going rate for its condition. ITALIAN #SP103-1961 FIAT 500 Jolly beach car. Cond: 3. SOLD AT $28,050. Last seen at RM's Wiseman Collection sale in December '07, where it sold at $20,900 (SCM# 47755). A cute little automotive oddity that brought a steep price, but after two trips around the neighborhood, what do you do with it? Well sold. TOP 10 No. 5 #NR26-1958 MERCEDES-BENZ 300SL roadster. S/N 7500257. Silver/ maroon leather. Odo: 88,900 miles. Striking combination of silver and maroon leather. Engine compartment a touch over-restored. Attractive paint with no issues noted, very nice brightwork throughout. A strong presentation. Cond: 1-. SOLD AT $495,000. Last seen at RM Hershey in October '07, where it sold at $434,000 in #2- condition (SCM# 47346). Some cosmetic work had been done since, and it was resold here at a small profit. These continue to 114 Sports Car Market S/N 110032743. Metallic lime/lime & white vinyl/tan wicker. Odo: 33 miles. Recent restoration to high standard, with nice paint, decent chrome, new wicker seats, and new top. Radio installed. About as cute as it gets. Cond: 1-. SOLD AT $70,400. A Palm Beach grocerygetter designed by Ghia. Aristotle Onassis once had one. These show up at most major auctions, with most bringing about $40k. However, one that wasn't as nice as this sold at Barrett- attractive color combination. Minor nits to pick here and there. An impressive CCCA Full Classic. Cond: 2. SOLD AT $187,000. These do not pass many gas stations, as 7 mpg is about it. Stately and impressive, these have appeared from time to time over the past few years, and this was about the strongest price paid. #NR119-1940 LINCOLN CONTINENTAL convertible. S/N H95945. Black/black fabric/ ible. S/N 100569. Red/white vinyl/red & white vinyl. Odo: 23,650 miles. Nicely done newer paint, body straight and seemingly solid. Chrome pitted, trim decent, interior clean. Small wide whites a good look. Check the door seals before you head down the boat ramp. Cond: 2. SOLD AT $61,600. Last seen at Kruse Auburn Jackson's Scottsdale event in 2007 for $81,400 (SCM# 44055). Based on condition, this was not a bad buy, but nothing to brag about. AMERICAN #SP57-1929 DUESENBERG MODEL J convertible coupe. S/N J150. Light green/ tan fabric/black leather. Odo: 36,535 miles. Coachwork by Derham, rebodied from Murphy Convertible Sedan. Presented at Pebble Beach about ten years ago. Fitted with polished aluminum beltline and Pilot Rays. One of two with Derham convertible coupe coachwork. 2007 Eastern Concours award winner. Cond: 2. NOT SOLD AT $640,000. Duesenbergs are again bringing strong money, and the price bid here was off the mark by a bunch. I think we just might see this again in Monterey. #SP170-1938 PACKARD 1608 Touring cabriolet. S/N A600193. Brown & tan/tan fabric/tan fabric. Odo: 23,550 miles. Coachwork by Brunn. One of nine Touring Cabriolets built, known for its distinctive upper windshield. Top can be opened over rear passengers. Recent cosmetic touch-ups, paint not done in the most

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RM Auctions Ft. Lauderdale, FL red leather. Odo: 80,459 miles. Attractive early Continental styling by Edsel Ford. Gold trim and dash worn, leather seats show minor wear and signs of use. Body straight with good panel fit, window rubbers worn. Decent brightwork has several minor scratches. Cond: 2. SOLD AT $53,900. These are excellent driving cars once the V12 oil pressure issues are fixed. The seller was brave to offer this at no reserve, and the final price was a bit light, as RM sold a comparable example at Meadow Brook in 2007 for $66,000. #SP181-1941 PACKARD 120 convert- ible. S/N 1499251334. Black/tan fabric/green leather & tan fabric. Odo: 58,997 miles. Stated to be original and unrestored with two owners from new. Paint has good luster but shows some issues, body straight and solid. Bumper guards fitted, no sidemounts, radio, or clock. OK chrome looks redone. Seats show minor #SP171-1946 LINCOLN CONTINENTAL Indy Pace Car convertible. S/N H141724. Yellow/black fabric/red leather. Odo: 72,846 miles. Finished as the Pace Car for the 1946 Indy 500. Excellent interior with good plastic and trim. Good panel fit. Glass not chipped, but rubber is old and tired. Excellent paint with minor buff marks throughout. CCCA First #1433. Meadow Brook winner. Possibly 2,532 miles. Listed as a CCCA Full Classic, and I wish it were so. Fitted with dual spots, radio, clock, and heater. Fluid Drive. Older restoration has been well maintained, but shows several runs in varnish. Very nice dash and interior, clean engine. A strong #2 car. Cond: 2. SOLD AT $107,250. I hope this was not purchased based on the info card on windshield, or else the buyer will be in for surprise when he attempts to register for a CCCA CARavan, as he won't be accepted. The price paid was just about right considering the condition of this example. the original pace car driven by Henry Ford II in 1946, but it can't be proven as another car contends for the honor. Cond: 2. SOLD AT $104,500. Clark Gable owned a '46 Continental and was frequently photographed driving it. This one sold for serious money, but that money was justified, as it was a strong car. It's also made as a 1:43 scale die-cast model, so if this price was too steep, you can buy the little version for a lot less. wear, dash plastic excellent with slight warp on ashtray cover. Cond: 3. SOLD AT $79,200. This seller needed to check the definition of “original” and “unrestored.” Chrome, paint, interior, and top must not count. These are not CCCA Full Classics, but they are very nice driving cars that have been appreciating. The price paid was in line with the current market regardless of the originality claims. #SP197-1942 LINCOLN CONTINENTAL convertible. S/N H130011. Maroon/tan fabric/ maroon leather. Odo: 44,185 miles. Original paint shows all kinds of problems, including scratching and numerous chips. Fog lights fitted, incorrect hood ornament and hub caps installed. Top filthy, messy engine bay fitted with 302-ci V8. Original V12 claimed to be #SP174-1946 MERCURY SERIES 69M convertible. S/N 11A1094917. Black/black cloth/red leather. Odo: 338 miles. Bought new by a young woman who earned her money welcoming home returning service men. Very deco dash, recent scratch in leather on driver's seat. #NR138-1948 CHRYSLER WINDSOR Highlander convertible. S/N F0667885. Red/ red plaid. Odo: 35,266 miles. Average paint with swirls and scratches touched up in places. Fluid Drive. Chrome and trim pitted, bumper guards fitted. Engine bay has not seen a clean rag in years. Optional Highlander interior worn, seats sag. Equipped with radio. Offered at no reserve. Cond: 4. SOLD AT $26,125. These have, in much better condition, been selling in the $50k+ range. I don't think this one could be saved for $25k, so the buyer would have been better off to pay more for a better example. #SP189-1950 CHRYSLER NEWPORT Town & Country 2-dr hard top. S/N 7411710. Green/white/green leather & fabric. Odo: 59,849 miles. Body straight and solid, minor scratches and pitting in chrome and brightwork. Very nice interior with attractive dash and only Quality restoration with excellent paint and interior. Cond: 1-. SOLD AT $112,750. Last seen at RM's sale of the Dingman Collection in June '06, where it sold for $71,500 (SCM# 42214). Let's see... the seller drove the car 300 miles in less than two years and made $125 per mile doing so, so it's safe to say this was well sold. #NR128-1948 CHRYSLER TOWN & COUNTRY convertible. S/N 7408375. Noel Green/green leather & Bedford cord. Odo: in the garage with oil pressure issues. Little redeeming value here. Cond: 4-. SOLD AT $17,050. Only 136 of these had been built when production ended due to war. Although this was a rare and desirable CCCA Full Classic, just thinking about all that needed to be done was enough to give someone a headache. It was cheap here, but it won't be when the new owner is done with it. 116 minor wear to seats and carpet. The last of an era. Cond: 2. SOLD AT $49,500. 1950 was the last year for wood-trimmed cars from Chrysler, which were part of the New Yorker series. It would be a stretch to call this a Woody, as the trim was minimized compared to prior years. The price paid here was a bit on the light side, but not by much. #NR39-1953 OLDSMOBILE 98 convert- ible. S/N 539K9517. Red/white vinyl/red leather. Odo: 2,217 miles. 303-ci V8, 4-bbl, auto. An attractive and striking Olds 98. Excellent interior with Autronic Eye and as-new seats. Fitted with power windows and dual spot lights. Excellent Sports Car Market

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RM Auctions Ft. Lauderdale, FL present from her father... all I got was a cheap watch. These have been solid investments of late, and there's no reason that trend won't continue. Well bought. #SP82-1956 LINCOLN CONTINENTAL brightwork, minor issues with paint due to age and light use. Engine clean and tidy. Cond: 1-. SOLD AT $67,100. A strong car that sold for strong money. A Fiesta would cost five times what was paid here, so on a relative basis, this can be considered well bought. #SP71-1953 BUICK SKYLARK convert- ible. S/N 170469957. White/white vinyl/red & white leather. Odo: 6,927 miles. 322-ci V8, 4-bbl, auto. Red inner fenders. Attractive paint from a distance shows nicks, touch-ups, and scratches up close. Interior has no glaring issues, incorrect hubcap centers fitted. Good panel fit and convertible top. Cond: 2-. SOLD AT $120,000. Pricing these is like pinning Jell-O from a distance. Very nice leather interior, fuel gauge not working. Red inner fenders nice, door gaps off along with window fit. Chrome scratched and pitted, numerous paint chips and touch-ups throughout. Engine bay just OK. Lots of needs here. Cond: 3-. SOLD AT $74,800. Last seen at Mecum's Kissimmee sale in December '07, where it failed to sell at $120,000 (SCM# 47894). These have been selling for huge numbers of late, so I wonder what happened here. Sure, it needed some work, but someone could spend $50k on it and make a handsome profit. The buyer should be happy, and the seller is likely still wondering why it didn't bring double this amount. #SP77-1954 CADILLAC ELDORADO convertible. S/N 546243027. Black/black vinyl/red leather. Odo: 63,437 miles. 331-ci V8, 4-bbl, auto. Loaded with options including Autronic Eye, ribbed lower fender moldings, Mk II 2-dr hard top. S/N C56G3187. Maroon/maroon & white leather. Odo: 46,887 miles. 368-ci V8, 4-bbl, auto. Recently restored to a high standard. Very good panel fit, minor scratches on rear bumper and trim. Quality respray shows a few swirls, leather interior correctly installed and showing only light wear. A strong presentation. Cond: 2+. SOLD AT $64,900. Priced at $10,000 when new, with a/c as the only available option. For years these were undervalued, but now they're coming into their own, as they're excellent driving cars with attractive styling. Price paid here was in line with the quality of the car, so both the buyer and seller should be content. to the wall. Prices have been all over the board with not a lot of tangible evidence to justify where they end up. We've seen examples rated at the same level of condition sell for as much as $495k (SCM# 45549), so I'm willing to bet the seller was disappointed here. #SP92-1954 KAISER-DARRIN convert- ible. S/N 1611181. Yellow/yellow vinyl/yellow vinyl. Odo: 5,053 miles. One of 435 made with unique but impractical sliding doors. Impressive paint and interior, usual issues with fiberglass body. Incorrect hubcaps. Engine clean with no glaring issues. Look at these long #SP20-1956 FORD FAIRLANE Sunliner convertible. S/N P6RC17776. Red/tan fabric/ red & white vinyl. Odo: 65,214 miles. 312-ci V8, 4-bbl, auto. One of 634 convertibles fitted with factory a/c. Older restoration still shows well, AACA Senior badge fitted to grille. Paint and gold Cadillac crests. Older repaint showing age, nice interior with minor leather cracks. Parade boot. Engine clean and tidy. Cond: 2. SOLD AT $77,000. The Eldorado convertible was introduced as a 1953 Motorama show car. This car was not perfect, but it was very presentable and the money was not silly. Kudos to both parties. A spot-on result. #SP89-1954 CHEVROLET CORVETTE roadster. S/N E54S003279. Polo White/beige fabric/red vinyl. Odo: 42,271 miles. 235-ci 155-hp straight 6, 3x1-bbl, auto. NCRS Top Flight at 97.9 a few years back. Normal panel fit issues, trunk off more than most. Engine properly presented, no issues with interior. enough and you start to like them. Cond: 2. SOLD AT $126,500. This was the third one of these I've watched sell in the past two months, and it was the least expensive of the group. The market has caught up with these, and I'd say this is the new price for a quality car. Time to update the price guides. #NR38-1954 BUICK SKYLARK convertible. S/N A1044429. White/black fabric/red leather. Odo: 74,836 miles. 322-ci V8, 4-bbl, auto. An attractive Skylark 118 Brightwork has minor scratches and is dull in a few places. Overall a strong #2 car. Cond: 2+. SOLD AT $95,700. This car's original owner was a young lady who received it as graduation Sports Car Market and brightwork very strong for their age, excellent interior in original style. Continental kit, Thunderbird Special V8, pw, and Town & Country radio. Complete books and records. Cond: 2. SOLD AT $64,350. The engine and air add about $7,500 to the value here, and as such, I'd call this well bought. It could have brought another $5k or so without concern. #SP88-1957 PONTIAC STAR CHIEF CUSTOM Safari wagon. S/N P757H29424. Maroon & white/maroon & white leather. Odo: 349 miles. 347-ci V8, 3x2-bbl, auto. Recent restoration to high standard. Equipped with a/c, pw, six-way front seat, and triple carbs.

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Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best 2008 Mini Clubman Leather interior flawless, brightwork excellent throughout. Attractive paint was well applied, with only minor swirls evident. AACA First and Grand National prize winner. Cond: 1-. SOLD AT $112,750. Quality wagons have been bringing serious money of late. This sold for a topof-the-chart price, but it had all of the desirable options, and while it might seem expensive now, it'll likely seem cheap in a year or so. #NR30-1957 CHRYSLER 300C convert- Price as tested: $28,700 Likes: Fantastic interior in chocolate brown with contrasting cream piping. Same sharp steering and decent ride; pleasing exhaust note and revhappy engine. Right side clamshell door makes rear seat access easier, but RHD models dump passengers in the street, which can't be popular. Dislikes: Rear visibility is as bad as looking out the windshield of a DC-3. Normally aspirated engine makes very little low-end torque, necessitating downshifts of up to three gears to pass on the highway. Why didn't designers add about six more inches of rear overhang to give the car some useful carrying ability? Controls (especially the radio) counterintuitive and confusing. Fun to drive: HHH Fun to look at: HHH Overall ownership experience: HHH Verdict: Mini's third body style is probably the least compelling. It sacrifices some of the style and much of the visibility of the coupe for a bit more rear seat room. Real carrying ability comes only with rear seats folded down. Still, for thrifty HOV users, it's more stylish and efficient than most alternatives in the U.S.—Rob Sass 2008 Honda Civic EX Sedan ible. S/N 3N571890. Coral/tan fabric/tan leather. Odo: 91,466 miles. 392-ci V8, 2x4-bbl, auto. Once owned by Valerie Harper. Striking coral color, average tan leather interior. Fitted with pw and radio with period RCA record player. A well-presented and desirable Chrysler letter car. One of just 484 300C convertibles built in owner shouldn't be afraid to pay silly money for whatever was missing from the set, as it'll be worth it in the long run. #NR87-1958 NASH METROPOLITAN convertible. S/N E52367. Caribbean Green & white/lime & white vinyl. Odo: 79,689 miles. Once owned by and still titled to Jimmy Buffett. Lots of edge touch-ups visible, including crude repairs to a minor hit in the rear. Incorrect interior color, but well done throughout. Cute 1957. Cond: 2. SOLD AT $132,000. Sold at Barrett-Jackson's Scottsdale event in 2006 as a package with a black twin 300C at $108,000 (SCM# 40433). The seller made a small net profit in a little over two years, and even so, the same thing could well occur again in another couple of years. Well bought and sold. #SP56-1957 CHEVROLET CORVETTE convertible. S/N E57S106287. Inca Silver/red vinyl. Odo: 27 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Only 65 were finished in Inca Silver, although the catalog states 48. Highquality restoration was rewarded with blue ribbon at Meadow Brook. Fit and body much as can be. Cond: 2-. SOLD AT $19,250. These were built in England with an Austin motor. This buyer paid about $5k over market for the privilege of ordering a “Cheeseburger in Paradise” at the local drive-in. Well sold. #SP86-1963 CHEVROLET CORVETTE convertible. S/N 30867S118137. Tuxedo Black/black vinyl/black vinyl. Odo: 33,613 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Knockoff Kelsey-Hayes aluminum wheels a rare dealer installation. Very nice black paint, Price as tested: $21,444 Likes: Leather, navigation, good stereo with wheel-mount controls, standard safety features, loaded with options at a bargain price. Attractive styling works better as sedan than coupe. Gracious cabin and trunk space, easy-to-use nav system; solid engine with fair power. Dislikes: Auto transmission lags when gas is stomped. Looong dash seems like wasted space. No way to get sporty SI bits in the sedan. Fun to drive: H Fun to look at: HH Overall ownership experience: HHH Verdict: Umpteen generations since its debut, the Civic is now as big as the early Accords, but better looking. A relative bargain, but an automatic Civic sedan is like a bowl of gruel: It gives me what I need to get by, but lacks any real punch on my taste buds. Still, all the nutrients are there, in spades, so I'll keep eating.—Stefan Lombard ♦ 120 nicer than typical factory production. Unusual radio and heater delete. A striking car finished in an unusual color. Cond: 1-. SOLD AT $154,000. Prices paid for quality examples of straight-axle fuelies continue to escalate, and the money here was strong but not out of line with the current market. #NR32-1958 CADILLAC ELDORADO Brougham 4-dr hard top. S/N 58P021928. Black/polished aluminum/black leather & fabric. Odo: 67,097 miles. 365-ci V8, 3x2-bbl, auto. One of only 905 built between 1957 and 1960. Paint not perfect but acceptable, scratches in chrome, vanity set missing a few pieces. Interior shows slight wear. American luxury at its finest. Cond: 3. SOLD AT $88,000. This Brougham would have brought at least $5,000 more if it had all of the pieces in the vanity set, but as it was, it sold for under the money and should be considered a good buy. The new lighting highlights swirls and other flaws. New interior well done throughout, window rubbers worn. Engine clean and well detailed. Z06 suspension and brakes fitted. Cond: 2. SOLD AT $71,500. Knockoffs add about $2,500 to the value of '63 'Vettes, so this fuelie convertible could have sold for another $5k and still have been considered well bought. #SP75-1966 LINCOLN BATMOBILE Replica roadster. S/N 3Y82A912645. Black/ black leather. 460-ci V8, 4-bbl, auto. Recent quality respray. One of 25 built on a Lincoln chassis, but not one of the first three replicas built by George Barris. Complete with Bat Ray Protector, Bat Phone, and Homing Receiver Sports Car Market

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RM Auctions Ft. Lauderdale, FL Scope. Cond: 2. SOLD AT $134,750. Robin, these things are everywhere. Another one drove up to the auction as the owner wanted to check out this one. This was a better presentation than the Batmobile that sold at Barrett-Jackson's Scottsdale sale in January for $70k more (SCM# 48751). All things considered, this was well bought—but it was still a replica. #SP48-1967 CHEVROLET CORVETTE convertible. S/N 194677S107383. Sunfire Yellow & black/black vinyl/black vinyl. Odo: 2,501 miles. 427-ci 400-hp V8, 3x2-bbl, auto. Documented with build sheet. Several NCRS Odo: 68,520 miles. 396-ci V8, 4-bbl, auto. Documented with factory build sheet and Protect-O-Plate. Fitted with Cowl Induction hood and a/c. Restored to a high standard, with excellent panel fit and sparkling paint. One of 91 365-hp LS5 convertibles built. A strong presentation throughout. Cond: 1-. SOLD AT $113,300. Without a build sheet it takes hours and lots of knowledge to document these. This one was the real deal with desirable options, and as such, it sold for appropriate money. #SP36-1970 CHEVROLET CHEVELLE SS 454 LS6 2-dr hard top. S/N 13637OB145979. Vitamin C & white/black vinyl. Odo: 27,251 miles. 454-ci V8, 4-bbl, awards, much nicer than factory in most places. Respray to high standard, black stinger not typical to factory production. Excellent interior. Equipped with a/c and power windows. Cond: 2. SOLD AT $155,100. These continue to march up the chart, and yesterday's silly money is today's market-correct level. A strong price for an equally strong car. #SP66-1968 DODGE CHARGER “General Lee” 2-dr hard top. S/N XP29G86441410. Orange/tan vinyl. Odo: 27,950 miles. 318-ci V8, 2-bbl, auto. One of four remaining Dodge Chargers used in the 2005 movie “Dukes of Hazzard” with Jessica Simpson. Certified by Warner Bros. as one of the 25 originally trunk rack, trim dented and scratched. Interior shows minor wear. Just a used Corvette. Cond: 3-. SOLD AT $19,250. This was not very expensive, but then again, it wasn't worth a lot in this condition either. The new owner should drive the wheels off this one and not worry about it. ♦ auto. Build sheet from Canada documents unusual paint delete option, F41 suspension, LS6 engine, and Cowl Induction. Restored to the highest standard. Excellent interior, engine bay as-new. A strong '70s muscle car. Cond: 1-. SOLD AT $184,250. The performance market is still strong for no-questions cars such as the one presented here. One new price guide places the value of this car at twice what was paid here, so although this was expensive, it was a decent buy due to its rarity and condition. #NR08-1971 CHEVROLET CORVETTE coupe. S/N 194371S112916. Mulsanne Blue/ blue vinyl. Odo: 49,794 miles. 350-ci 270-hp V8, 4-bbl, auto. Recent respray shows some body prep issues and blisters in places. Aftermarket built. Quickie paint job with lots of overspray. Interior a mess with cracked dash and missing knobs. Well documented as movie car. Cond: 4. SOLD AT $82,500. The “General Lee” car that sold at Barrett-Jackson in January for $495,000 (SCM# 48758) was a better car, but it was not in the movie. If you absolutely must have one—and I wonder why that would be—this was a far better buy. #SP50-1970 CHEVROLET CHEVELLE SS 396 convertible. S/N 136670L178930. Astro Blue & white/white vinyl/ivory vinyl. June 2008 121

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Kruse International Honolulu, HI 1st Hawaii Auction Island air is not kind to automobiles, and not all the lots were concoursready, but there were a few jewels in the mix Company Kruse International Date February 8–9, 2008 Location Honolulu, Hawaii Auctioneer Dean V. Kruse, Jim Ritchie & Kenneth Garmin Automotive lots sold / offered 47 / 135 Sales rate 35% Sales total $1,008,153 High sale 1940 Willys Americar street rod, sold at $75,600 Buyer's premium Custom Buick surfmobile went unsold at $8,200 8% (included in sold prices) Report and photos by Phil Skinner Market opinions in italics K Honolulu, HI ruse International may have breached its last new frontier, as the state of Hawaii saw the first collector car auction held by the company in early February. There was notice- able excitement and a bit of apprehension in the air on site, as many consignors had never been involved in a collector car auction, and bidders who also shared the virgin experience wandered about the vehicles ready to be offered over the next two days. In following the auction circuits, there is usually a lot of predictability as to what you are going to see. Many cars get transported from one sale to another in quick succession, usually being offered by the same dealer or groups of dealers. This was not the case in Honolulu's modern Hawaii Convention Center. There were a couple of small island dealers and one major mainland dealer, but most sellers were individuals who the promoter of the sale, Robert Smith, had personally contacted. A number of the marques and models offered here had not been represented at mainland sales over the past few years, which was quite refreshing. Island air is not kind to automobiles, and not all the lots were concoursready, but there were a few jewels in the mix. It seemed the biggest hurdle for Kruse was teach- 122 ing people who came to buy or sell how to bid and how to use the auction method to their benefit. Reserves and commissions had to be explained, and in the hurry-hurry atmosphere of an auction, some people may have been confused by the answers. Not all sellers invested a few dollars in cleaning and detailing their wares, and in at least two cases, sellers weren't worried about getting the cars running before they crossed the block. Several lots of interest included a rugged-looking 1934 Morgan with what appeared to be a home-built plywood body “in the style of a 1929 Super Sports.” Powered by a noisy Matchless V-twin, it was a bargain at $25,110. One local collector brought down a selection of early XK Jaguars, many needing detailing and tune-ups, only to take them all back home. Several sellers made celebrity claims but had no documentation to back up those claims, again not fully understanding that having something like a title or an official registration is a thousand times better than simply stating “from what I understand.” The idea of a collector-car sale in Hawaii is a good one, as the destination is so appealing. One concern was getting cars to this island outpost, but the cost of shipping from San Diego to Honolulu is less than that of closed transportation from Dallas to San Diego. For future island events, the auction house should work with a good travel agency to offer week-long packages, where the first four days are spent enjoying the sights of the islands, followed by two or three days of auction action. This could be the formula for success, and let's face it, taking a week in the winter to be off with a special friend in this island paradise after the topsy-turvy atmosphere of Scottsdale just sounds right. ♦ Sports Car Market

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ENGLISH #763- 1934 MORGAN SUPER SPORTS roadster. S/N D1100. Dark green/black leather. RHD. Odo: 32,372 miles. Has what appears to be a homemade body constructed of plywood to resemble a 1929 Super Sports. Workmanship amateur but shows some potential, engine noisier than expected, transmission works with two speeds forward and one in reverse. Wheel addition of an electric fan to help with cooling. Cond: 3+. SOLD AT $15,228. Twin Cams are still hot property. They're more fun to drive than to buy and just park, and both mainland and European buyers have warmed up to them. In my opinion, values are sure to stay at or ahead of the market trends, and while this was not a steal, it was a very fair price. #731- 1966 TURNER MARK III roadster. alignment and overall physical appearance in need of a lot of TLC. Cond: 4. SOLD AT $25,110. This was probably the only tri-wheel Morgan on the island. At fi rst people thought it was a novelty, but then they began to look at the chassis and overall layout. I did hear there was a JAP engine around that might be available, and that would be a nice enhancement. A fair price for condition. #736- 1953 MG TD roadster. S/N TC20150. Red/black vinyl/black leather. Odo: 4,176 miles. Straight metal with no signs of rust-out repair, soft trim in very good condition, engine better than driver quality but not quite concours. Chrome has light patina, but top bows sport a light layer of surface rust. Wood dash very S/N 65626. Red/black vinyl/black vinyl. Odo: 41,858 miles. The seller knew the history of the car and that it had a Ford Cortina engine and transmission, also noting that 1960s pop star Petula Clark owned one. Wiper marks on windshield, fi berglass body on tubular chassis Giallo Fly, Daytona seats, 50k mi. 1972 246 Dino GTS 1984 Ferrari 512 BBi Boxer Red/tan, 10k km, tools, manuals 1963 Ferrari 250 GTE 2+2 disc brake, two headlight in good shape overall. Wiring looks good, pedals show wear, chrome aged. Cond: 3. NOT SOLD AT $16,500. This looked to be on a par with an MG Midget or Austin Sprite. It did have some history in Hawaii, but nothing on the track, and there weren't any record books to go along with the ride. This car needed more promotional work to attract the right buyers, so maybe it'll fi nd a new home at the next venue. good, gauges all appear to work although they do look a little more yellow than when new. Cond: 2-. SOLD AT $17,820. It's interesting how the TDs are starting to catch up with the TCs. With more detailing this price might have climbed a little higher, but as it was, the bid was in line with mainland values. #717- 1960 MG A Twin Cam roadster. S/N XD714832. Red/black vinyl/black vinyl. Odo: 97,068 miles. Cosmetic and mechanical restoration at least a decade old, paint well prepped and in good order. Seats very nice with no wear, top fi ts snugly, glass shows very light wiper marks. Chrome trim has a light hazing which could be polished out, sill plates have some scuffi ng, Dunlop knockoff wheels refi nished and looking new. Engine compartment shows minor seepage around cam cover as well as the June 2008 #805- 1967 SUNBEAM TIGER Mk IA convertible. S/N 13328000411LRXFE. White primer/black vinyl. Odo: 55,989 miles. 289-ci V8, 4-bbl, 4-sp. Restoration started in January '88, put on hold in February '88, and has been waiting ever since. Sheet metal smooth, with doors, decklid, and hood all well placed. Top material and door panels removed, trim parts missing, engine compartment scary. 1966 Jaguar E-Type roadster Series I 4.2, show quality resto. 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 Ferrari 275 GTB . . . Giallo Fly, alloy, long nose 2 cam. '67 Austin Healey 3000 MkIII BJ8 . . . .Healey Blue w/blue '61 Jaguar MkII Vicarage . . . .Dark Blue, 5 speed, 12k mi. '58 Jaguar XK150S OTS . . . Dark Blue w/tan, 3.4l tri-carb '67 Mercedes Benz 250SE coupe . DB717 Papyrus White '68 Mercedes Benz 250SE cabriolet . .DB670 Light Ivory '58 Mercedes Benz 190SL roadster . . . DB190 Graphite. '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 Aftermarket wheels don't look quite right here, but at least they all match. A family fun project when there is nothing else to do. Cond: 4-. SOLD AT $11,016. This could have been one of the best buys of the sale. It was a real Tiger, Stuart Carpenter 37 Chestnut Street Needham, Massachusetts 02492 Tel. 781.444.4646 Fax: 781.444.4406 www.copleymotorcars.com copleycars@aol.com 123

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Kruse International Honolulu, HI and it did have some photos and documentation showing the car had been complete at one time. The seller did say that some of the missing parts “might” be at his home and that they would be included, so the only problem here would be making sure the 20-year lapse in being titled was not going to be a major hassle when the new owner goes to put it back on the road. #827-1971 JAGUAR XKE SII coupe. S/N 2R28266. Brown/tan leather. Odo: 50,896 miles. Claimed to be unrestored. Paint looks original, chrome wheels clean, tires fresh. Doors, hood, and rear hatch all seal well and line up to factory specs. Pedal and floor wear seems to be at a faster pace than the odometer. Tired seats likely factory, glass appears to be all original. Fitted with factory a/c. Cond: 3. SOLD AT $19,440. This was a decent driver which sold long after going across the block. It had too many miles for pure preservation and it was not valuable enough for a full restoration, so cosmetic upkeep would be advised at this point. The buyer appeared to be fairly knowledgeable about the car and seemed very happy to have struck this deal in post-block action. A decent deal. GERMAN #414-1961 PORSCHE 356B coupe. S/N 114903. Silver/black leather. Odo: 20,005 miles. Quality color by Rust-Oleum applied one can at a time as finances allowed. Interior complete but not ready for the show circuit, engine's origin not confirmed but I think a VW might have been the donor. If you think the top was rough, you should have seen the windshield. Interior tight and smells fresh. Cond: 3. SOLD AT $15,120. This failed to sell at $12k toward the end of the first day when there were still plenty of bidders. It ran late on the second day when there were fewer bidders, but it managed to eek its way toward $15k, which the seller claimed was his absolute bottom line. This was no steal, but it was a solid buy that appeared turn-key ready for island fun. #433-1973 BMW 3.0CS coupe. S/N 2940747. Red/white leather. Odo: 94,119 miles. Car shows signs of use, but not too badly abused. No sign of surface rust or major body problems except alignment of sunroof. Few minor chips on hood edges. Chrome and glass both in very good condition. Some light wear and discoloration to white leather. Some overspray noted underhood. Cond: 3. SOLD AT $15,228. Sold on its second run over the block. Presented by the founder of the local BMW club, this was really a driver, but still a country. Built on a budget, with cosmetics pretty much as it must have been when retired from the Swedish armed forces. Cond: 4-. SOLD AT $10,800. This was a no-sale on its first run over the block, and as it sat in line on the second day, an offer was made and car was removed from the line up. While some military vehicle collectors might have had an interest in this car, it was more of a “isn't that strange” novelty collectible and will probably be relegated to someone's pool of forgotten automotive dreams. pretty car even by today's standards. The price it fetched was about in the market range on the mainland—maybe just a little better—and the new owner seemed delighted to get this car. bottom... but it did run. Cond: 5+. NOT SOLD AT $6,100. Barn finds have been a good topic of late, and several Brass Era vehicles have broken the bank in condition not much better than this one. However, those cars were put away and preserved to some degree, and this example was put away wet and then abused. You have to give the seller credit for getting this car running, but it really should be returned to the barn. 124 ITALIAN #749-1960 FIAT-ABARTH 750 Double Bubble coupe. S/N 719895. Blue metallic/ saddle leather. Odo: 59,030 miles. Nice paint over poor body prep, with more bubbling than a bottle of Dom Perignon. Chrome shows minor pitting all around. All the proper badges are present and intact. Good wheels. Interior seems in order. Underhood, all is well cared for though not perfect. Runs well. Cond: 3. SOLD AT $29,160. Despite the salt air or the bad AMERICAN #438-1924 FORD MODEL T roadster. S/N 9291493. Black/black canvas/black leather. Very tired barn find. Rusty front fender tips. Electric lights still intact, as are kerosene cowl lights. Fitted with original seats; top is an older replacement. Non-running, but engine is complete. Unmolested and complete, and it carries a 1989 Hawaii safety sticker. Cond: 5-. SOLD AT $5,292. With its original turtle-back body and a couple of period extras, this was an exciting car. The crowd seemed to enjoy it, and the seller lifted his reserve at $1,700. The sale price was what some running, decent-looking examples have brought in recent months. Let's Sports Car Market paint prepwork that caused the paint and metal to blister, this car received more attention than anything else at the sale. Everyone loved it, and in light of the $88k sale of a similar car in Arizona—admittedly in better condition—this still fell in the bargain column. SWEDISH #817-1957 VOLVO TP21 utility. S/N TP2153. Olive Drab/olive canvas. Odo: 73,518 km. 350-ci V8, 4-bbl, auto. A unique military vehicle upgraded with a Chevrolet engine and transmission. Pretty bare-bones otherwise, and perfect for a wilderness tour into the back #808-1968 PORSCHE 912S Soft-Window targa. S/N 12870553. Red/black vinyl/black vinyl. Odo: 70,627 miles. Clean inside and out with a recently replaced top and lots of recent mechanicals. The seller made it clear that the engine was all Porsche—no VW substitutes. Several minor flaws in repaint, few light chips to

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Where can you find a genuine 49-year-old, running collector car for $1,350? It had been used as a daily driver up to the sale by the second owner, who said he got the same money he paid for it back in 1965. Even with shipping back to the mainland, this was the bargain of the sale, despite how you might feel about this maligned marque. #784-1961 FORD ECONOLINE pickup. hope the new owner treats this one to preservation and sympathetic restoration work and nothing more. #422-1934 FORD MODEL 40 3-Window Custom coupe. S/N 18360104. Yellow/black leather. 324-ci V8, 3x2-bbl, auto. A real-deal hot rod from the late 1950s with minimal updates. Still sports 1954-era Rocket V8 and Hydramatic from an Oldsmobile. Needs to be completely detailed S/N E10SH192924. Red/black vinyl. Odo: 7,266 miles. Very straight panels. Bed walls are texture-coated. Front glass shows minor pitting, and some aluminum trim is scuffed. Interior clean and tidy, as is engine compartment. Undersides show some minor surface rust. Generally complete and very presentable. throughout; has not run in at least a decade and wasn't running at the auction. Offered with a bill of sale and at no reserve. Cond: 4+. SOLD AT $17,820. Had the seller invested a few dollars to get this car running and actually driven it across the block, his fortunes would have been much greater. This car had a lot of potential, and if the new owner plays his cards right and does only what is needed to make it legal on the street, twice this price should be relatively easy. #432-1959 EDSEL RANGER 2-dr sedan. S/N A9UC700999. Light blue/blue vinyl & cloth. Odo: 93,379 miles. Tired paint, tired chrome, very tired interior. A couple of patches over bad rust on lower metal panels. Ugly seat covers hide bare springs, radio is inoperable, heater is disconnected, but who needs it in Hawaii? The engine runs, and mechanically it seems tight and shifts with little problem, so there's that. Cond: 5+. SOLD AT $1,350. could have been, especially on exposed interior surfaces. Underhood is clean but not detailed. Cond: 2. SOLD AT $70,200. Mechanically, this car was equal to the Camaro Z/28, but the Mustang has always trailed the Chevy. Had a real Z car been here, then this car might have done even better. As it was, the seller thought long and hard about lifting his reserve, but he shouldn't have too many regrets. ♦ June 2008 125 Cond: 3+. SOLD AT $6,210. This was a very good buy. There was lots of interest, but many bidders seemed hesitant to step up. I sure don't know why. In fact, after the sale, two different people asked if they could buy this little guy. If I could have driven it home, my hand would have been up on this one. Along with the Dodge A-100 and the Corvair Rampside, these early '60s compact pickups are a novelty collectible that can be used and appreciated. #754-1970 FORD MUSTANG Boss 302 fastback. S/N 0F02G184328. Calypso Coral & black/black vinyl. Odo: 84,920 miles. 302-ci V8, 4-bbl, 4-sp. Restored according to the build sheet. Top-shelf paint and graphics application. Magnum 500 wheels and all the Boss amenities. Tight, fresh interior with the proper smell and factory AM radio. Not quite as clean as it

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Column Author eBay Motors Online Sales Air Suckers for All While it was probably the most expensive thing ever sold at the local isoldit.com franchise, $120k was not a lot of money for a real steel Speedster Report by Geoff Archer Market opinions in italics I f both corner carving and field plowing are on your to-do list, this month's collection of Porsches should include the air-cooled tools you'll need to get the job done. 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 #270177241751-1953 PORSCHE 356 Pre- A outlaw coupe. S/N 50181. Fishsilver Gray/ black. Odo: 2,400 miles. 24 Photos. Sarasota, FL. 2,400 miles in seven years since meticulous, period-correct race car build. “This is not an ‘outlaw' in any manner. As original in appearance as possible to how a PreA race car looked in the era while incorporating the very best racing modifications possible. Qualifies in the Historic Minor Class for the Carrera Panamerica Road Race!” Paint is “flawless.” Full cage, Lexan windows, front discs, velocity stacks, stainless exhaust, etc. 2 bids, sf 390, bf 1507. Cond: 2. SOLD AT $95,000. Unlike eBay sellers who misleadingly slather their ads with NOT this and NOT that keywords, I really think this seller believes this car is not an outlaw... although it pretty much has to be one with all these modifications. Semantics aside, a lot of work went into this race- and road-ready piece of art, which “could not possibly be duplicated under $100K today NOT INCLUDING A CLEAN STRAIGHT 1953 COUPE!” Well bought. #220154817452-1956 PORSCHE 356 Speedster. S/N 2DSDRD82741. Signal Red/tan canvas/oatmeal leather. Odo: 66,000 miles. 7 Photos. Lloyd Harbor, NY. Matching numbers. Using an automatic listing template, a professional eBay seller (not the vehicle's owner) explains “66000 MILES FROM ORIGINAL MANUFACTURE DATE, BUT VIRTUALLY ZERO MILES SINCE RESTORATION! 126 THIS VEHICLE HAS RECENTLY BEEN RESTORED FROM THE GROUND UP!... TOTAL CUSTOM INTERIOR WITH PITTARS LEATHER FOR A WONDERFULLY SOFT AND COMFORTABLE FEEL!” I count six speakers, including two huge woofers in a fiberglass box behind the seats. 27 bids, sf 2739, bf 1322. Cond: 2+. SOLD AT $120,000. While probably the most expensive thing that will ever be sold at the local www.i-soldit.com franchise, this was not a lot of money for a real steel Speedster. As the 356 Registry guys were busy woofing about the inappropriate custom stereo, somebody snagged a $30k bargain. Well bought. #270214314974-1957 DEVIN D Custom coupe. Black primer. 24 Photos. San Francisco, CA. One-off coachwork looks like a Saab Sonnett by Picasso. “RE-BODIED BY A GENTLEMAN NAMED FIBERGLASS BOB (ROBERT DALE). THIS VEHICLE IS A CULMINATION OF HIS LIFES WORK, HE SAYS IT'S HIS MASTERPIECE WITH OVER 5,000 MAN HOURS OF LABOR. THIS AUTOMOBILE HAS NEVER BEEN TITLED, IT WAS DRIVEN ONE SUMMER IN 1957 WITH A SUPER CHARGED MOTOR. IT NOW HAS A FACTORY PORSCHE PERIOD CORRECT MOTOR AND RIMS (WHICH ARE WORTH THE PRICE ALONE).” 1 bid of $2998. Not sold. Reserve of $2999 met offline. Cond: 4. NOT SOLD AT $2,998. I emailed this funny link to a friend (and SCMer), and he replied that he liked it so much he actually BOUGHT it. Schadenfreude is not exactly the right word. Einkaufsassistenzglueck? Anyway, we call it the Devin Platypus for obvious reasons, and I concur with the seller that it came free with a market-priced 356 long block and date-stamped steelies. #250217831718-1960 PORSCHE JUNIOR tractor. Red/red & white umbrella/red metal. 21 Photos. Phoenix, AZ. Recent cosmetic restoration including, “$4,000.00 base coat, clear coat, 4 new tires and tubes” and new battery. “1cyl diesel air cooled runs excellent...own a piece of German history, a must to have to a 356 collector.” 30 bids, sf 11, bf 12. Cond: 1. SOLD AT $17,000. If it turns out that we're really headed into the second Great Depression and we'll need to revert to living off the land, at least this one rare, exotic, arrest-me-red vehicle could help you grow your own food and burn it too. Here's to hoping it remains frivolous yard art. Price was appropriate for condition. #120212599845-1967 PORSCHE 911S coupe. S/N 308141S. Black/black vinyl & houndstooth cloth. Odo: 144,579 miles. 25 Photos. Portland, OR. Francis Coppola bought this new and owned it until '73. Sunroof. “Bare metal repaint in 1997. The finish is truly exceptional. The sides are dead straight, and the paint has a deep reflective gloss... The color of the car was changed at this time from 6605 bahama yellow to 6609 black.” No rust, seats recovered, trans rebuilt. “Based upon visual inspection, the leak down, total mileage, and the overall fitness of the engine I'm sure it was rebuilt at Sports Car Market

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Fresh Meat Online sales of contemporary cars. Porsche 912 will only be listed one time. If the reserve is not met, back under the cover it will go” (car cover is also pictured). Even if a personal inspection were not possible on such short notice, the PCA awards validated the condition. The threat worked, pulling absolute top dollar for a unique and perfect car... normal examples trade for 75% less all day long. #220212600117-1970 PORSCHE 914-6 one point.” 41 bids, sf 22, bf 6. Cond: 2-. SOLD AT $60,200. Several of us saw this very car on Craigslist about six months earlier for a little more than half this figure. D'oh! I guess we missed out on a $25k flip. Given the Coppola provenance, nice overall condition, and the trajectory of long-hood 911 prices (especially an early S sunroof car), I fear we might be missing out on another $25k in the coming six months. #180206306748-1968 PORSCHE 912 coupe. S/N 12802651. Olive/cream leather. Odo: 41,000 miles. 24 Photos. West Los Angeles, CA. Somewhat confusing description does not present a 100-point restoration. “Some areas had to be repainted due to long term storage hazards (i.e. dings, scratches and stuff falling on the car)... very little rust exists but minimal at most... Interior is redone in rich cream leather roadster. S/N 9140432141. Signal Orange/ black/black vinyl. Odo: 43,602 miles. 24 Photos. Old Fort, NC. 43k miles. Complete history from new. “Recently spent several months and many thousands of dollars on a restoration using all NOS or excellent used parts. The motor was recently gone over by a longtime Porsche mechanic who rebuilt the carbs and adjusted everything (total cost of $2800). The car was Date sold: 02/18/2008 eBay auction ID: 160207789638 Seller: Bobileff Motorcar Company, San Diego, CA, www.bobileff.com Sale Type: Used car, 11,700 miles Details: “Repainted from red to black by Ferrari” Sale result: $975,101, 16 bids, sf 17, bf private. MSRP: $643,330 (2003) Other current offering: Lamborghini Las Vegas, Las Vegas, NV, www.lamborghinilasvegas.com, asking $1,395,000 for red/black car with 2,800 miles. 2008 BMW M3 4-door then stripped of all parts (except the interior and engine) and two rust spots repaired... The car was repainted in correct Signal Orange.” 55 bids, sf 65, bf private. Cond: 2. SOLD AT $38,855. Looks to me like #1 money for a #2 car. Thorough history and lack of major rust or accident damage probably helped. Still, I have to say this was well sold, if only by a few grand. with champagne carpeting complete headliner paneling ect. 0 miles since Engine and compartment were meticulously detailed and restored to original.” 18 bids, sf 56, bf 200. Cond: 2-. SOLD AT $30,389. The buyer was American... otherwise I would have guessed that a European olive grower avoided the over-2-liter displacement tax while spending crazy valuable Euros. Nope. No sunroof, no 911 engine whine, and the rust is not going to win any concours either. Very well sold. #120195739705-1969 PORSCHE 912 coupe. S/N 129021706. Eng. # 4094714. Champagne Yellow/black leatherette. Odo: 69,010 miles. 10 Photos. Orlando, FL. Fourtime Porsche Parade concours winner. Details found at www.1969porsche912.com include the Porsche Certificate of Authenticity, which confirms matching numbers, 5-speed, Special Wishes paint color, Konis, Fuchs, and Blaupunkt stereo. Almost 70 photos show a gorgeous car, but there's no explanation of how it got to be that way. 38 bids, sf 95, bf 85. Cond: 1. SOLD AT $34,500. Seller threatens, “This pristine 1969 #320228043209-1971 PORSCHE 911E RS Replica coupe. S/N 9111201054. Silver w/Martini stripes/black leather. Odo: 100,000 miles. 17 Photos. Williamsburg, VA. “This car was purchased on 4-2-05 at Barrett Jackson.” (SCM# 37721 at $32,400... sans Martini stripes). “Many of you know the reputation of Barrett Jackson... I took the car to a whole new level. I have over 30k in reciepts for the rebuild and restoration alone.” $20k of these are engine (Descriptions exactly as presented by sellers, including non-stop capitalization and creative grammar.) 2003 Ferrari Enzo Date sold: 03/27/2008 eBay auction ID: 150228637954 Seller: BMW of Macon, Macon, GA, www. bmwofmacon.com Sale Type: New car, 117 miles Details: Silverstone Metallic/red leather; 6-speed manual, navigation, 19″ wheels, HD satellite radio, iPod adapter Sale result: $66,445, 1 Buy-It-Now bid, sf 0, bf 100. MSRP: $66,945 Other current offering: Sanfer Sports Cars, Miami, FL, www.sanfersportscars.com, asking $76,500 for similar used car with 172 miles. 2009 Nissan GT-R receipts from Eurosport in VA. “Next the trans everything was rebuilt to handle the new power.” 1500 miles on rebuild. Period-correct mirrors, basketweave GT Classic seats, etc. 48 bids, sf 628, bf 22. Cond: 3+. SOLD AT $45,500. $32,400 + $30,000 – $45,500 = $16,900. Heck, that's roughly $10/mile. Although that was not as cheap as a few hundred hours playing Gran Turismo, it was in line with what a similar tenure would cost on the seller's next purchase; a 997 Turbo. For a palatable price, this guy lived the R Gruppe dream, and now it's someone else's turn to do the same without losing any money. Market price. ♦ June 2008 Date sold: 03/25/08 eBay auction ID: 150227382900 Seller: eBay ID bommaritoexoticcars Sale Type: New car sold by Midwest dealership salesman Details: “I prefer not to deal with anyone out of the country or anyone that does not speak good english” Sale result: $85,040, 1 Buy-It-Now bid, sf 128, bf 16. MSRP: $71,900 Other current offering: Morrie's Brooklyn Park Nissan, Minneapolis, MN, www.morriesbpnissan.com, asking $99,995 for a late-summer arrival. ♦ 127

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Automotive Investor Picking a Pagoda The Paul Bracq-designed 230SL faced a high level of expectation, considering it had to replace the iconic 300SL by Alex Dearborn 280SL M ercedes offered the all-new, Paul Bracq-designed 230SL as a replacement for the 300SL roadster, which was last produced in early 1963. The 300SL had become prohibitively expensive to build, so it was logical for the company to seek a design using the MB family bits and pieces assembled on a platform of stamped steel, instead of the complex multi-tubular space frame of the 300SL. The new 230SL replaced the aging 190SL as well. Although the wheelbase was kept at the exact same 94.5˝ as the 300SL roadster, the 230SL was much roomier. It was also lighter, quieter, and easier to drive. It offered power steering, reclining seats, a large trunk and performance approaching that of its famous predecessor. The car faced a high level of expectation, considering it had to replace the iconic 300SL, but it was instantly recognizable with its concave “pagoda roof.” 230SL The 230SL made do with an evolution of the 220SE SOHC inline-6, which was itself evolved from the 1951 220 sedan engine. For the 2.3-liter SL version, there was a hotter cam, tubular headers, and some fuel injection tuning to produce 150 hp. The five-mainbearing design proved reliable by the standards of the day, easily achieving over 150,000 miles in many cases. This engine was stretched to the end of its development cycle, however. Some examples had ex- 128 Years Production Prices Concours Very Nice Driver Project cessive blow-by due to crankshaft wear. 230SL buyers should check for blow-by by removing the oil filler cap on the cam cover with the engine running to see what comes out. A durable and positive-shifting 4-speed automatic was offered as well as the expected 4-speed stick. 250SL To update the successful 230SL, Mercedes installed an all-new, seven-main-bearing 2.5 liter OHC inline-6, essentially the 250SE sedan motor but producing 160 hp. Disc brakes were now standard on the rear as well as the front. Trim details were essentially unchanged. 280SL For the next iteration, Mercedes improved (some would say encum- bered) the SL with more sound deadening, better rust-proofing, shorter gearing, and more torque and power. The six was now at 2.8 liters and produced 170 hp. Contemporary road testers didn't discover much per- 230SL 1963–67 9,830 $80,000 $35,000 $20,000 250SL 1966–68 5,196 $80,000 $40,000 $25,000 280SL 1967–71 23,995 $90,000 $50,000 $35,000 Sports Car Market Mercedes-Benz

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1966 230SL, Euro-spec formance gain for this model, however. An aftermarket under-dash air conditioning system made in the U.S. by FridgiKing was blessed by the factory for installation by dealers or at the port of entry. These systems blew pretty cold air, although it was not well diffused. The natural-fiber square-weave carpeting of the early cars gave way to nylon floor coverings, and some of the interior chrome trim details were replaced with anti-glare matte finishes. Headrests and shoulder harnesses appeared. Which model to buy? The earlier cars, the 230/250SLs, were for a long time ignored by collectors, as they were the first to deteriorate from age, wear, and rust. Buyers simply found better-preserved cars in the 280SL fleet. Now it's getting hard to find any nice original SL, so some 230SLs are getting restored, thereby raising the value (and the awareness) of these early examples. We had three restored 230SLs at Dearborn Automobile Company to sell last year, all in the $65,000–$80,000 range. These early cars have seen the biggest rise in prices in the past five years, compared to the 280SLs. All models have risen in value, as nice originals are getting scarce, and more cars are being restored well. Even though the 280SLs are generally favored as the most highly- 250SL developed examples of the series, the earlier cars are rarer. This factor, along with rare options in the early cars like a 5-speed ZF gearbox, seems to offset the intrinsically higher value of the 280SLs in some cases. How to build a dream SL How to compare these W113 (the internal Mercedes designation) SLs? Let me describe the SL of my dreams, which would incorporate the best features of each car: Buy the latest, pre-emissions car, the 1969 280SL. Make sure it has the ultra-rare ZF 5-speed overdrive transmission, as the too-short gearing of the standard 4-speed box translates to a buzzy 4,600 rpm at 80 mph. Add an enhanced version of the “factory” air conditioning. Back-date the visuals to 230/250SL specs by retrimming the car with square-weave carpeting, chromed interior touches, hubcaps and beauty rings. Delete side markers and bumper guards. Toss the U.S. headlamps and install full-cover European-spec units. The resulting car will cruise more quietly than any '60s-era sports car, handle and track better than all but the most aggressive (and more expensive) sports cars, and exhibit the smart, clean look of the original Paul Bracq design. ♦ Top Pagoda SL Sales* Rank Model Sold Price Location 230 SL 1 1966 230SL $139,185 RM—London, UK 2 1965 230SL 3 1966 230SL 4 1964 230SL 5 1964 230SL 6 1967 230SL 7 1963 230SL 8 1965 230SL 9 1965 230SL 10 1965 230SL 250 SL 1 1968 250SL 2 1967 250SL 3 1968 250SL 4 1967 250SL 5 1968 250SL 6 1968 250SL 7 1967 250SL $61,335 Christie's—London, UK $37,800 Barrett-Jackson— Scottsdale, AZ, USA $36,380 RM—Boca Raton, FL, USA $36,080 Shannons—Sydney, AUS $34,214 Coys—London, UK $32,400 Kruse—Auburn, IN, USA Date 10/31/07 12/6/05 1/14/06 2/10/06 7/23/07 12/4/03 5/19/05 $31,875 Coys—Monte Carlo, MCO 5/20/06 $31,825 Bonhams—Nürburgring, DEU 8/10/02 $31,724 H&H—Buxton, UK $42,521 Bonhams— Monte Carlo, MCO $40,206 Coys—Nuremberg, DEU $39,094 Barons—Esher, UK $35,039 Artcurial—Paris, FRA 5/20/06 7/22/06 12/11/06 4/16/07 $34,100 RM—Amelia Island, FL, USA 3/10/07 $33,699 Shannons—Melbourne, AUS 12/6/04 $32,865 Bonhams—Hendon, UK 4/18/05 11/21/07 Lot# 208 68 626 644 6 757 820 202 140 96 213 211 119 11 210 46 634 Rank Model 8 1967 250SL 9 1967 250SL 10 1968 250SL 280SL 1 1969 280SL 2 1970 280SL 4 1969 280SL 5 1970 280SL 6 1971 280SL 7 1969 280SL 8 1968 280SL 9 1969 280SL 10 1971 280SL Sold Price Location $32,683 Bonhams— Stoneleigh Park, UK $30,250 Hershey, LLC— Hershey, PA, USA $28,875 McCormick— Palm Springs, CA, USA $96,460 G. Potter King— Atlantic City, NJ, USA 3 1969 280SL 6.3L Special $66,235 Poulain—Paris, FRA Date 3/15/08 10/6/05 11/18/07 2/28/08 $76,871 Bonhams—Nürburgring, DEU 8/10/02 2/10/03 $66,000 Gooding— Palm Beach, FL, USA $61,600 Barrett-Jackson— Scottsdale, AZ, USA 1/24/06 $57,319 Poulain—Paris, FRA $56,891 Bonhams—London, UK $61,900 Bonhams—Nürburgring, DEU 8/9/03 1/21/07 2/10/03 $55,200 Bonhams & Butterfields— Carmel, CA, USA $55,097 Coys—Nuremberg, DEU *As recorded in the SCM Platinum database. May not reflect all public sales. June 2008 129 12/12/06 8/15/03 7/22/06 Lot# 331 474 392 6144 113 21 40 67 408 23 659 532 246 Mercedes-Benz

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Book Reviews Mark Wigginton 50 Years of Flat-out Fun Hilarious tales from Whizzo Williams. The only thing better would be a few long dinners and pub crawls with the man himself Whizzo: The Motor Sporting Life of Barrie Williams by Paul Lawrence, tfm Publishing Ltd., 2008, 182 pages, £14 ($28), Amazon.co.uk It's hard to find a photo of Barrie “Whizzo” Williams that doesn't include a lurid slide, a wheel off the ground, the mangled remains of a race car, or a huge, cloud-chasing grin. From his start in karts to his now-legendary yearly drives at Goodwood, Williams stands as one of the most versatile, talented drivers produced by England. Along the way, he seems to have had more fun than anyone else, and it comes through in page after page of anecdotes. Whether it's dashing across Europe in a rally car or hard fought battles in English sedans, the competition is just the beginning of the tale, and often the real fun comes after. Provenance:  It's not a story of life at the top, but instead a nice sense of the huge range of racing op- tions and experiences for a talented driver in Europe in the '60s and '70s. And what could be more authentic than photo after photo of Whizzo at speed and his stories to match? Fit and finish:  Nicely designed, but the black and white photo printing is spotty. Too bad, as you can barely make out the parking tickets still on the dash of his Renault 5 as he leads a sedan race at Snetterton in 1976. Drivability:  Tales from Whizzo himself, well told, and often hilarious. The only thing better would be a few long dinners and pub crawls with the man himself. Triumph and Tragedy: The 1955 World Sports Car Season by Yves Kaltenbach, Automobiles Historiques Limited, 2004, 232 pages, $79, Amazon.com There is a wonderful book to be Sports Car Racing: In Camera 1960–69 by Paul Parker, Haynes Publishing, 2008, 256 pages, $34.62, Amazon.com Paul Parker's latest addition to his In Camera series focuses on European sports car racing in the decade that saw the rise of the Ford GT40 at Le Mans, the fall of classic circuits, and the introduction of the miniskirt. All turned out to be dangerous to the sport in one way or another. Parker has tried to put together a collection of images that both illuminate the years of beautiful prototypes and production cars and showcase rarely seen photos. All are in color, and the quality varies from tack-sharp professionalism to many that are little more than snaps. But the breadth is striking, and the long captions are full of interesting tidbits. Provenance:  Lots and lots of detail fills the captions and year-by-year drivers and results pages, providing an important, though admittedly incomplete, look at the decade. Fit and finish:  This isn't exactly the quality printing one should expect from a photo book. Some comes down to the source images, but too many pages are muddy and over-saturated. Drivability:  Eye candy was the goal, and eye candy was the result. If you are looking for much more than a page-flipping tour of the decade, keep looking. If you are willing simply to enjoy the memories and cars of the era, you won't be disappointed. 130 written about the 1955 season, built around the horror of Pierre Levegh's Mercedes tearing into the crowd at Le Mans, killing some 90 spectators. It will be a book filled with the dominance of Mercedes, the hard-fought season when Stirling Moss reigned supreme, and the awful cost to drivers and fans alike, in an era where safety was little more than a lap belt. It just won't be this book. Instead, Triumph and Tragedy is a nicely printed collection of bloodless facts constantly interrupted by clichés and tortured prose. And that's just too bad. Provenance:  Well researched and dense with photos and race results. Fit and finish:  Quite serviceable design, and the image quality is above average. Drivability:  If you put this year, these stories, men, cars, and circuits in the hands of a real writer, you have the ingredients for a successor to The Perfect Storm. As a wise old editor once told me after reading a newspaper story I turned in that I thought was finished, “You've done the reporting, now go back and write it.” Sports Car Market

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

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Motobilia Carl Bomstead “Duesenberg” of Gas Signs Nets $57,750 Gas and oil sign prices boom, making yesterday's records seem like today's good value M atthews Auctions conducts a semi-annual event in Peotone, Illinois, to coincide with the Chicagoland Petroleum and Advertising Show. The most recent auction was held February 29, the day before the show. There were 435 lots offered, all at no reserve, and the vast majority were gas- and oilrelated. The signs ranged in price from less than $100 for some real beaters to almost $60,000 for a spectacular Harbor Petroleum Products porcelain diecut sign with striking graphics. The interest in quality gas and oil signage continues unabated; it appears that yesterday's record price is today's good value. Here are a few of the more interesting offerings that caught my eye: all sell, singly, when offered in this condition for about what was paid here, so this sale was reasonable. Good luck completing the set! LOT 64. LIFE GASOLINE PORCELAIN PUMP PLATE. SOLD AT: $3,300. Life gasoline was the brand name for the Barnett Oil Co., and they used a little elf as their logo. A stack of these were found about 15 years ago and were offered for $200 apiece. Based on the price paid, I should have mortgaged the farm and bought them all. 20-20 hindsight, I guess. LOT 28. TIWOSER HIGH TEST GASOLINE SINGLE GAS PUMP LENS. SOLD AT: $7,150. This was only one 15˝ glass lens, mounted in a metal body. Great graphics, excellent color, and outstanding condition pushed this seldom-offered lens to adult money. Expensive, but not out of line for one of the most desirable and elusive of all gas pump globes. LOT 57. HARBOR PETROLEUM PRODUCTS DIECUT PORCELAIN SIGN. SOLD AT: $57,750. The Duesenberg of the sign world. This spectacular sign measured 39˝ x 56˝ and was almost flawless, with great color and gloss. Any sign with airplanes attracts attention, and this was no exception. Expensive, but in a world of its own. LOT 152. AEROSHELL DIECUT DOUBLE-SIDED PORCELAIN SIGN. SOLD AT: $715. European Shell sign that was chipped, slightly faded, and had numerous touch-ups. That was the good side, as the other was fairly well trashed. There are times when you are far better off spending a bit more for a better example, and that was the case here. LOT 167. SUNRAY OILS DIECUT PORCELAIN SIGN. SOLD AT: $1,045. This colorful sign measured 27˝ x 27˝ and would have sold for a lot more if it were not for the loss of color and gloss on the orange and yellow. In addition, there were some good sized chips around the mounting holes. Another example where you would be better off spending more for one in better condition. LOT 282. INDIAN LOT 29. TEXACO ETHYL ONE-PIECE GAS PUMP GLOBE. SOLD AT: $1,980. The earliest globes were onepiece molded glass with graphics etched or painted on the surface. This appears to have been repainted, but in the gas globe world, that is not a major detriment. Price was, if anything, a bit on the light side, so chalk this up as well bought. LOT 60. SPEED WING 700 GASOLINE PORCELAIN PUMP PLATE. SOLD AT: $5,500. This 6˝ x 9˝ gasoline pump plate is rarely offered, and this one appeared to have never been used. I was surprised at the final number, considering that the graphics were not all that exciting. LOT 90. TIME PREMIUM GASOLINE PORCELAIN PUMP PLATE. SOLD AT: $1,540. This is one of five pump plates for the various grades of gasoline that Time offered. They GASOLINE PORCELAIN PUMP PLATE. SOLD AT: $880. The Indian Refining Company was acquired by Texaco in January 1931, primarily for their Havoline brand of wax-free gasoline. In 1943, Texaco discontinued the Indian brand. This very deco pump plate was dated 1940 and had several chips around the mounting holes but retained good gloss and luster. Twenty years ago, a stack of these were found and sold for $100 apiece, but that was then and this is now. Price here was a bit on the light side. ♦ 132 Sports Car Market

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Bike Buys Paul Duchene Erik Buell's Better Mousetrap The highly original XB9 and XB12 work reliably, and apparently—like Triumph this time out—that was Job One E rik Buell occupies a unique position in the motorcycle industry. He's the most radical skunkworks for the most conservative manufacturer in the world—Harley-Davidson. It's an arrangement that works well for both companies and has since 1979, when Buell started out in Milwaukee. His XB series, which was introduced in 2001, still offers an ingenious mix of ideas not combined anywhere else. For example: fuel goes in the aluminum-beam frame; oil goes in the rear swing-arm; ZTL inside-out front disc brake (with the disc attached to the rim); upside down forks; and a cable-operated exhaust valve on the XB12 that progressively opens the muffler as engine speed increases. That muffler is under the motor and also under the horizontal rear spring—by the belt drive. The engine is recognizably Harley-Davidson. The XB9 has a 984-cc, 92-hp V-twin, the XB12 (from 2004) a 1,203-cc 103-hp unit. Both are rubber-mounted with Buell's Uniplanar system and fuel-injected. Buell's latest 1125R twin was built by Rotax to his design and is likely to find its way across the range in due course. “Bike Buys” seldom concerns itself with anything as new as the XB9 and XB12, but this highly original design works reliably, and apparently—like Triumph this time out—that was Job One. The XB is also a fascinating machine to stand back and discuss, along with a beer and a few friends in your garage, and as Publisher Martin has observed, that's Job Two for any collectible vehicle. Perfect XB9R owner: Owns a black powder rifle with a laser sight Rating (HHHHH is best): Fun to ride: HHHH Ease of maintenance: HHH Appreciation potential: HHH Attention getter: HHH Years produced: 2003–current Number produced: 2003: 8,784; 2004: 8,250; 2005: 9,776; 2006: 10,858; 2007:10,106 (includes XB12 from 2004) Original list price: $9,995 SCM Valuation: $4,000–$10,000 Tune-up cost: $400 Engines: 984 cc (XB9) 1,203 cc (XB12) air-cooled V-twin Transmission: 5-speed Weight: 375–390 lb dry Engine #: Left side above primary case Frame #: On headstock Colors: White or blue at first, then red, silver, orange, blue, yellow. Web site: www.buell.com Early bare-bones streetfighters A former racer himself (he rode a challenging Yamaha TZ750 at Daytona), Buell first designed a water-cooled square-4 two-stroke, the RW750, in 1983. Unfortunately, the AMA went to production-based superbikes in 1985, and only one RW750 was sold. Buell shifted gears and came up with the RR1000, using up H-D XR1000 engines to make 50 before the supply ran out in 1988. The 1,203-cc engine led to RR and RS12 models, which got a 5-speed and inverted forks in 1991. In 1990, Thunderbolt and Lighting models debuted—the latter being an early bare-bones “streetfighter.” Fuel injection, bright colors, and increased Harley-Davidson involvement led to 8,000 bikes being sold in 1999, when Buell opened a 42,000-square-foot test center next to its East Troy, Wisconsin, factory. Today Buell employs 180 people. Erik Buell says he's always been driven by his inter- est in solving complicated technical problems—the XB's fuel-in-frame was designed to lower the bike's center of gravity and also open up enough room for a big airbox above the engine to let it breathe. “Big manufacturers tend to be incremental,” he says. “They keep refining ideas so that they get better. Radical change doesn't fit their culture very well. Sometimes, when you go outside the box, projects fail.” Purposefully under-stressed That's one of the elements that makes the outside-the-box XBs interesting, says Steve Breslow, the Buell expert at Portland's Latus Harley-Davidson store. “Buells made before the XB9R had some reliability problems. The word was that if the new model wasn't reliable, it would be the last Buell, so it was purposefully understressed. It's worked out perfectly. I can only recall two problems with the early bikes. One was the wheel bearings weren't waterproof, but they've all been replaced now. The other was the kickstand. If you left the bike idling for about ten minutes, it would creep forward and fall over. A new kickstand solved that.” Oregon motorcycle road racer Josh Bryan ran a Buell XB12R for a season five years ago. “We just bought a wrecked bike, fitted a new front wheel, new forks and triple clamp and ran it for a year, with the XB9 black box so it would rev higher,” he says. “The chassis was great, it was really easy on tires, the gearshift was stiff, and the only mechanical failure we had all year was an external oil line failed, and I think that might have been over-tightened at the factory.” Bryan says the whole project cost about $5,000, and the bike was sold as a streetbike at the end of the year. “It's still running around somewhere.” Erik Buell says he keeps new ideas close until he can produce them. “I've always stayed away from showing concepts, in case people think ‘Well, he's moving on, better wait for the next one.'” The death of iconoclastic New Zealand designer John Britten hit Buell hard, as the two had talked at length by phone about joint projects. “I was so looking forward to working with him. He was into so many things. His next dream was human-powered flight. He said, ‘Why don't you just take over the motorcycle business?'” Buell and Breslow agree the main thing about buy- ing an XB is to find one that's been well-maintained. Breslow reckons $4,000–$6,000 should give a fair choice. Josh Bryan says once the revs come off idle, the rubber engine mounts smooth out the vibrations significantly. The bike is easy to wheelie, though the narrow power band means you have to shift gears a lot. If you don't like the color, fenders and “tank” cover can be easily replaced with a color you do like. The Firebolt (R) is the café racer, the Lighting (S) the streetfighter, the CX model is the commuter, and the Ulysses is the dual sport. ♦ 134 Sports Car Market

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Mystery Photo Answers Dr. Porsche, Mr. Davidson. Mr. Davidson, Dr. Porsche. The rest, as they say, is history.—Tim Wright, Glendale, AZ Foreign consultant Helmut Heinrich didn't tell Volkswagen that the “Hell's Soccer-Mom Angels” segment of the U.S. Market is very slim.—Patrick Fisher, Portland, OR Convinced there is no such thing as a bad car show trophy, Butch proudly displays his “Unsafe at any Speed” award, presented by celebrity judge Ralph Nader.—Joel Shooks, Traverse City, MI Within minutes he had a signed contract for the Porsche model in Pink.—Al Zim, Colleywood, TX Not all Transformers could RUNNER-UP: Just days after the McLaren design team finalized plans for the center-mounted driver position in the new F1, a photographer for a new Formula 1 tabloid witnessed a McLaren employee, blueprints in hand, enter Harley-Davidson head- quarters.—Peter Zimmermann, Bakersfield, CA Finally, a way for hardcore bikers to get some quality backseat time with the ol' lady while riding their custom chopper.—Johan de Vicq, Arnold, MD get work in the movies.—Scott Eldredge, La Honda, CA Hollywood wanted to remake “Easy Rider” and “The Love Bug,” so they saved money by combining the two.—Joe Amft, Evanston, IL Just the ticket for the trek to the premiere of the Berlin Hell's Angels Spring Collection.— Terry Dreher, Victoria, British Columbia, CAN If a VW is traveling west at 60 mph and a Honda 750 is traveling east at 80 mph…—Lance Lambert, Seattle, WA For Sturgis, Bob develops a great design so his mother-in-law need not be left at home.—Greg Welp, Galena, IL Just because you can, doesn't mean you should.—Kick Wheeler, New Milford, CT Most judges agreed the Yamahaha 250-cc hybrid miniluxo limo was the star of the show, but one critic suggested unfairly that mixing spokes with hubcaps was just a bit tacky.— Ronald Olson, Benicia, CA Because some of history's greatest engineering feats required little more than an introduction, Tim Wright wins an official soon-to-be-collectible Sports Car Market cap. ♦ Mystery Photo Response Deadline: May 25, 2008 Our Photo, Your Caption Be the author of the most accurate, creative, or provoca- tive response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryph oto@sportscarmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCM cap. Email photos at 300 dpi in JPEG format. This Month's 136 Sports Car Market

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Comments With Your Renewal Could live without it. But why?—D. Mill, Canadaigua, NY Great mag. Keep up the good work.—J. Harlin, Phoenix, AZ Love your mag, especially the unusual and lesser known cars. Does that include AMCs?—B. Escamilla, Oak Lawn, IL The magazine is great as is. Thanks.—J. Brewster, West Monroe, LA Best vintage car magazine by far. You're lapping your competitors while they're stuck in the pits.—T. Taylor, West Linn, OR Great mag.—B. McDowell, Friday Harbor, WA I am an accredited auto appraiser and use your auction results daily. You guys are great, and I love the humor.—F. Nelson, Calgary, Alberta, CAN. It's great to know SCM is being put to practical use and allowing you to better perform your job.—KM Less Ferrari and Porsche. More Corvette and Jaguar.—R. Constable, Santa Rosa Valley, CA Thanks for another great year of SCM, my tenth. Welcome to the fold of Iso owners.—D. Frank, Charlotte, NC I love your magazine. MG TC owner since 1974.—T. Arnold, Olympia, WA Best read in the automobile magazine realm.—R. McInnis, Junction City, OR Please renew my subscription to your great magazine.—B. Swanson, La Canada, CA Continues to be the most infor- mative automobile magazine one can read.—E. Abbott, Covina, CA I only wish I were clever enough to be included in the comment section.—D. Bustamante, Knoxville, TN. Consider yourself clever.—KM Ten-year subscriber and looking forward to more great news, reports, and “stuff” about our hobby.—L. Moss, West Bloomfield, MI Love the magazine. With the population of resto-mods and customs built by professional shops, I'd love to see more info on trends and values.—J. Bovarnick, Medfield, MA. Trends and values of restomods and other customs are trailing off and have been for the last year or so. Sellers still seem to be clinging to big reserves, while thoughtful buyers understand that things ain't what they used to be.—KM I have started and then cancelled lots of car magazine subscriptions. Yours is the one I keep.—D. Garschagen, Orinda, CA It gets harder and harder to find a negative in SCM.—R. Boos, Troy, NY And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin ♦ June 2008 Across 1. The Flying Mantuan 6. Only driver to win the Triple Crown of motorsport (with 8 down) 10. Top driver 11. Where many Grand Prix drivers begin 12. This, in Paris 13. You and me 14. West Coast city article 16. Wrath 19. New York island 20. Prost's rival 21. Scottish Clark who raced with Lotus 23. __ Forster, novelist 26. Three-time Daytona 24-Hour winner, Derek 28. Argentine Formula One great, Fangio 29. Swerved 31. Courageous man 32. Youngest Formula One champion, Fernando 35. Boxer's demise, briefly 36. Only driver to posthumously win the Formula One championship 39. Finnish Formula One champion, Mika 40. A kind of scale 42. “All Things Considered” airer 44. On fire 46. Only driver to hold CART and Formula One titles simultaneously 49. Seven-time Formula One champion, Schumacher 51. __, the people… 52. An Unser 53. Hollywood's home 54. British Formula One phenom, Hamilton 55. English oui 56. Six-time Le Mans winner, Jacky Down 1. Austrian Formula One champion, Lauda 2. Edge of the track 3. Failing to win 4. Driving competition 5. Treacherous road hazard 7. German Auto Union driver of the 1930s 8. See 6 across 9. The greatest driver never to win the Formula One championship 15. Engine need 17. Dorm monitor For solution, go to: www.sportscarmarket.com/crossword 137 18. Mr. Foyt 20. Observe 22. Australian racer and constructor (with 26 down) 24. The first Andretti 25. Correct text 26. See 22 down 27. Spy novelist, Deighton 28. Jenny from the block, briefly 30. Was first to get the checkered flag 33. Hardwood 34. Ferrari's open cars 37. Undulation 38. Austin, Jensen, and Nash follower 40. First American to win the Formula One championship, Hill 41. Ad for the purpose of? 43. Take a rest 45. Type of cuisine 47. Spectator emotion 48. Most recent 49. Belonging to mom, for short 50. Deer's cousin Great Racers

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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. Opalescent Silver Gray / Tan, Total DVD Documented Restoration by Classic Showcase, 5-speed, Aluminum Radiator plus Other Upgrades, Superb Example, Ready for Shows and Driving. Inquire for price. Classic Showcase, 760.758.6100, managemen t@classicshowcase.com (CA) 1966 Sunbeam Tiger A.C. Power steering, Power brakes. New chrome, tires and brakes. Very good condition. Pleasure to drive. Sable, black interior. $26,000. 450.451.6518. 1969 Jaguar XKE convertible 1969 Jaguar XKE coupe English 1952 MG TD roadster 1963 Austin-Healey 3000 Mk II BJ7 Restored California car. Nice driving example, tight and responsive. Fresh engine, wooden steering wheel and alloys. $67,500. Fantasy Junction, manag ement@fantasyjunction.com; www.fantasyjunction .com. 510.653.7555. (CA) 1967 Jaguar XKE convertible 4 Cyl, 4 Speed Manual, Gray/Black, Maroon. Nice Little TD with extensive older restoration that shows very well. Excellent running and driving condition, good tires, very nice interior, see more at www.dormangarage.com. $19,900. Ron Ragains, rragains@dormangarage.com, 219.363.8101 1956 Austin-Healey Factory 100M Black Leather, Convertible, 6 Cyl, 4-Speed w/ Overdrive. Total body-off restoration. Probably the finest BJ7 available anywhere. Numbers matching; full documentation; BL Heritage certificate; Go to www.memory-motors.com for more photos and information. $59,500. Robert Tenges, 414.852.8622, rtenges@wi.rr.com. (WI) 1966 Jaguar convertible SWB, V12, custom built 5.7 liter, 6 speed richmond gear box, tastefully modified to high standards. 5 years of restoration to every nut and bolt and washer. For more pictures or info contact Henry Moukoian, 801.870.7316 dobbyus@yahoo.com 1974 Triumph TR6 2 owner, photo documented total restoration, 85k in receipts, Heritage Sheet, great driving, eligible all events. Jerry Bensinger, 330.759.5224 days. (OH) 1962 Bentley Silver Cloud II Carmine red/Biscuit. Just had complete restoration by Solid Gold Classics. Perfect #1 condition, pleanty of pictures during restoration. Matching numbers, Heritage cert. 150 miles since restoration. Original hard top. $110,000. Ronald Bosi, 847.602.8602, ronbosi@ronbosi.com. 1966 MGB GT Midnight Blue, Gray/Blue Leather. Left hand drive with air conditioning including rear air, power steering, power windows, rear seat trays, V8 engine. Has been properly cared for while owned for the past 30 plus years by a prominent San Diego collector. Mark Leonard, 858.459.3500, info@grandprixclassics. com, www.grandprixclassics.com. (CA) 1963 AC Cobra roadster Ex factory Sebring mule car (Hopkirk etc.) raced entire life, mechanically great–cosmetically a warrior. Last outing Lime Rock Oct. 06. $20,000 Keith, 914.962.6900. (NY) 1966 Jaguar XKE Series I FHC Fully documented 9000 mile car. Restored to concours winning condition. Guardsman blue, black leather; original top, tonneau. 100% correct. None better. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) 138 Stored 1984 - 2004. All orig. except wheels, tires, ignition. $4200 recent professional mech. work. VIN GHN4U164557G. Engine 18GH-WE-H-4723. Solid body, runs strong. 3rd owner, 90,291 miles. Pix & info available by email. $6,200. jcline@bctonline .com. (OR) Sold new to Holland, then, imported into California and brought into compliance with 50 Sports Car Market A true concours show car, this is a serious investment grade car that has gone through a full nut and bolt rotisserie restoration. Prior owner had this car for 30 years. This car won first place in the 1980's prior to its restoration. Exterior is British Racing Green with a Biscuit interior and a black top. Engine is a 4.2 liter with a 4 speed transmission. Miles are 20 miles since restoration. Car is documented and comes with toolkit, all tools, new Dayton wire wheels, original radio, manuals, books, and restoration history. $125,000.00 obo. 704.996.3735, www.classicladymotors.com. (SC) 1968 Lola T160 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) 1981 Lotus Turbo Esprit Can Am Group 7 Extensively rebuilt and race prepped. Ready for the Lola 50th Anniversary reunions this year. More at www.lolat160.com. $165,000. Nick, 619.955.7206, ngsmith101@yahoo .com, www.lolat160.com. 1969 MG B roadster Dry sump engine. Essex colors. 20,000 miles. Featured in September 2007 Hemmings Sports & Exotic Car magazine. $26,000. Bill Bonta. 410.666.3842, jwbont@comcast.net. 1985 Lotus Turbo Esprit BRG/Gold int. BBS wheels. CS, A/C. 48,900 miles. Maintained and used on regular basis. “Corners like it's on rails.” 509.447.3344. (WA) 1993 Jaguar XJ220

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SCM Showcase Gallery state federalization EPA/DOT. Has proper California Bar sticker Mark Leonard, 858.459.3500, info@grandprixclassics.com, www.grandprixclassics .com. (CA) 2006 Lotus Exige 1964 Porsche 356C coupe 2006 Porsche Carrera S convertible Blue and Light Gray, Sunroof, luggage rack, bumper overriders, rear package tray. Beautifully restored to the highest level. Mark Leonard, 858.459.3500, info@grandprixclassics.com, www.grandprixclassics .com. (CA) 1969 Mercedes-Benz 280SL convertible 2000 Volkswagen Jetta GLS VR6 One owner, have all records from new. Maintenance done by the book by VW dealership. 180,000 low miles. No modifications. Runs and drives, but no heat. $1,500 or any offer. Scott, 616.706.2008, scottsjeep@gmail.com. (MI) Chrome Orange/Black. This is your chance to own an instant classic and an exotic car. Approximately 300 Lotus Exiges were brought into the U.S. in 2006. A pure drivers masterpiece. Will handle as good as the best exotics and looks better than most of them. Its hard to find more fun on four wheels!Car is in mint condition. This car is always garaged, never been driven in the rain, and was purely a weekend fun car. Arqray Single Tip Exhaust, Driving Lights, Lotus Factory Harness Bar and driver side Schroth Harness, Factory installed Starshield Paint Protecting film, K&N airfilter, black powder coated fuel filler door, Lo-Jack. $46,000. Jason, 310.245.7855, szzj@earthlink.net. (CA) German 1955 Porsche “Silver Bullet” Outlaw This is a very nice, restored MB 300 SE. It is a European model imported to US. It underwent a complete body and interior restoration in recent years and it looks very presentable! It runs very well and it will be an outstanding driver. More pictures available with the link attached. $30,000. Bob Moses, 781.858.2535, juanram@rcn.com, www.mackaysgarage.com/Mercedes. (MA) Stunning one-off built by Jeff Dutton. Continental Coupe body, 914/6 chassis and 3-liter RS spec engine make for both a visual and performance knock-out. $175,000. Fantasy Junction, manageme nt@fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1957 Mercedes 180D sedan Black/Red leather, 35,900 mi. Never Titled, original MSO, window stickers, best original in world, most options, documentation. One owner for 49 years. Must see, drive. $27,950. 516.521.2309, jacy1948@yahoo.com. (NY) 1958 BMW Isetta 300 Export 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) 1967 Mercedes-Benz 230SL convertible 1966 Mercedes-230SL convertible Black/Dark Red Leather. A three owner car which has been restored correct to its build certificate. Original engine, transmission, and options. Professionally restored to a very high level. Engine rebuild to include new crankshaft, rods, pistons etc. to SC spec. Mark Leonard, 858.459.3500, info@grandprixclassics.com, www.grandprixclassics .com. (CA) 1965 Mercedes-Benz 300SE coupe Great opportunity to acquire a European specification “California Coupe” with 4-speed manual and PS. Solid condition. New brakes, shocks. Records and books. $29,500.Fantasy Junction, management @fantasyjunction.com; www.fantasyjunction.com . 510.653.7555. (CA) 1974 Porsche Carrera 2.7 coupe 16k miles. Lapis Blue met. Grey int. No track/accidents. orig. owner. Dealer service at 15k mi. new set of tires. $73,900 OBO. 503.851.4841. Irish 1983 Delorean DMC-12 coupe A pristine example of a 74 Carrera with 33 years of documentation from new. This 1974 Porsche Carrera 2.7 as only 47K original miles from new with several Concours wins. $125,000 USD. More complete info at amartinez44@aol.com 1979 Porsche 924 Sebring coupe A rare car, only 8583 DeLoreans were produced between the 1981 and 1983 model years and approximately 6500 are still on the road or in storage today. The DeLorean's main claim to fame came in 1985 when it starred in the Hollywood movie ‘Back to the Future.” This Delorean has 34,292 miles and the stainless steel body is in excellent condition. Gull wing doors operate with no problems. Engine is a 6 cylinder with the standard 5-speed manual transmission. Light gray leather interior is excellent. This car starts and runs with no problems. It is in a private collection. $26,000. 704.996.3735, www .classicladymotors.com. (SC) Original owner, garaged, 33,700 miles, 5 speed. Disc brakes, sunroof, A/C. Concours winner. $9,900. Bob Barton, 828.759.0785. (NC) 1986 Porsche Euro 930 coupe Italian 1961 Alfa Romeo Giulietta Sprint Veloce Original owner. Car is stock with 5100 pampered miles. EPA/DOT original documentation included. Includes Euro parts removed for US conversion. $72,000. John Glatz, 928.468.6212, redaz31@hotmail.com. (AZ) 1994 Mercedes-Benz E320 convertible The quintessential Italian sports coupe. Satisfying and fun to drive. Well preserved and maintained. Highly original with great interior. Ideal event car. $51,500. Fantasy Junction, management@ fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1971 Ferrari Daytona GTB-4A Spyder Grey-White/ Blue Leather. Numbers matching restored car. 2-Tops. New blue leather interior. Properly maintained and driven regularily. No rust issues. Go to www.memory-motors.com for more info and photos. $34,500. Robert Tenges, 414.852.8622, rtenges@wi.rr.com, 414-852-8622. (WI) Excellent example of limited production convertible; completely sorted; choose from 2. Future Classic. Go to www.memory-motors.com for more photos and information. $15,500. Robert Tenges, 414.852.8622, rtenges@wi.rr.com, 414-852-8622. (WI) 140 Serious calls only. Owned by John Mechum Jr. who had one the finest Ferrari collections in the World. Sold to the one and only Jerry J. Moore, who up to a few years back had the number one ranked Sports Car Market

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Car Collection in the world. One owner since 1988. Mint condition. Fully documented. Raced at Laguna Seca with racing history. I of 25 European Daytona Spyders. I believe that this Daytona is one the finest Ferrari cars in existence. Produced between the two factory-built competition Daytonas. This car is #14487. #14485 was owned by Luigi Chinetti and this car was owned by Maranello Concessionaries. This car has not been to auction and is currently in a time capsule. Oh yeah, I forgot, I believe this is the only car with a factory Ram Air Duct System running from the front grill to an air box over the carburetors, factory installed. Quite rare, making it faster than any other Daytona. I thought this might be of particular interest. Also note the provenance, reads like the who's who. Thanks for your time, email me back if you have a buyer in mind. Time is of the essence as this car is for sale locally in Houston, TX. Paul Tallas, 832.715.7154, paul_tallas@yahoo .com. 1972 Ferrari 365 GTC/4 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 1942 Ford Super Deluxe Woodie Wagon and Wine Country wins - Many recent improvements. $119,000. Tony Garmey, 206.612.1782. 1964 Buick Wildcat hardtop 100% correct and authentic. Original black with gold stripes, correct original automatic transmission. $225,000. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd.com 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) 1951 Ford Prefect saloon V12, 4-speed, air, PS, 63,600 miles. Same owner/ collector the past 30+ years. Very nice original car. Always maintained. A joy to drive. $115,000. Len Rusiewicz, 610.282.0109, tigrlift@ptd.net. (PA) 1975 Ferrari 308 GT4 Blue, Blue and gray with wood trim. A two owner old blackplate California car. Purchased in 1960 by Rug Cunningham of Cunningham BMW of El Cajon, CA as his first car. Kept in his collection for 48 years and beautifully restored. $15,000. Mark Leonard, 858.459.3500, info@grandprixclassics.com, www .grandprixclassics.com. (CA) 1956 Chevrolet Nomad Owned by Ferrari specialist for the last 19 years. Power windows, air conditioning. USA version. 32,246 miles. Mark Leonard, 858.459.3500, info@grandprixclassics.com, www.grandprixclassics .com. (CA) Swiss 1949 Zimmerli Vauxhall Frame-off restoration, 283-ci, manual, Nassau blue/white, Disc brakes, Vintage air, Alternator. Runs and drives perfectly. tedehem@aol.com, c: 305.582.1611/h: 305.762.5655. (FL) 1957 Ford Thunderbird D-code 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 390 miles since frame-off nut and bolt restoration to concours standards. Red porthole and white soft tops. Auto, PS, A/C, Town and Country,Radial tires. Asking $79,900. markmand@pol.net 1957 Corvette Vintage race car The real deal and the best one on the planet. National concours level, and fully sorted for driving. 30,000 miles, 2 owner. Incredibly pristine condition. Low cost entry to the show field. Drive it home for $4,950. Ray, 410.532.2026. (MD) 1966 Shelby GT350 H Wimbledon White with Blue racing stripe/ Black Leather. A very rare early two digit serial number. This stunning GT350 has just come out of a bare metal, rotisserie restoration, both body paint and mechanical, with full photo documentation. Mark Leonard, 858.459.3500, info@grandprixclassics .com, www.grandprixclassics.com. (CA) 1965 Corvair 500 79K miles. Dealer Serviced literally EVERY 3000 miles, ALL records, New Tires, Leather, towing, 6-CD, loaded. $16,600. call 404.432.1450. (GA) Other “The Cobra-Ferrari Wars 1963-1965.” 2nd Ed. *SIGNED*. The true story of Carroll Shelby's war against Enzo Ferrari, and the cars and the men who made racing history. 372 pages and 85,000 words, based on interviews with 53 of the original participants, conducted over 18 years. Acclaimed by Ferrari and Cobra enthusiasts alike, this is the epic story of the struggle that changed sports car racing forever. $100 including domestic first-class priority shipping. Cobra Ferrari Wars, 480.483.3537, mikelshoen@yahoo.com, www.thecobraferrariwars.com. (AZ) 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 ♦ 2 Door Hardtop, Correctly detailed 401 Nailhead “Wildcat 445” engine, Vin# and Engine Stamp # Match, Automatic Transmission, Factory Air Conditioning, Correct “Tawny Mist” Exterior Color, Original Fawn Interior, Carpet, and Headliner is in Excellent Condition. The Original Buick “Sonomatic” AM Radio Works Great. Original California Black Plates. Runs and Drives Excellent. Please call for additional pictures and information 208.755.3334. 1965 Shelby 350GT 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. 2004 Ford F150 Spectacular California car. Restored to the highest standard and fully sorted for spirited V8 driving June 2008 Injected 283 CI Original Big Brake Car - 1960's Drag Car Fast, Proven Winner: 2007 Monterey Historics 141

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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) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrett-jackson.com. (AZ) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & 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, 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, a ntique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Russo and Steele Collector AutoChristie's. 310.385.2600, 310.385.0246. 360 N. Camden Dr., Beverly Hills, CA 90210. www.christies.com. (CA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. 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.legendarymotorcar.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) Antiques Solvang Antique Center. 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.classicauctions.com. (UK) GMP. 800.536.1637, GMP offers The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's fi nest automobiles and vintage watercraft. www.wwgauctions.com. (TX) 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. the best value possible in accurately detailed diecast models through exhaustive research and development followed by uncompromising quality control standards in design, modeling, and manufacturing. We are the diecast leaders. Your collection starts here. www.gmpdiecast.com. (GA) 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 805.688.6222, California's Premier Antique Collective features 65 extraordinary dealers. Quality 18th and 19th century furniture, decorative accessories, fi ne art and estate jewelry. One of the fi nest selections of antique clocks, watches and music boxes in the world. www.solvangantiques.com. (CA) Appraisals 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) USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com. www.usappraisal.com. (VA) Automobilia 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) 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) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Effi cient, personal service. 510.525.9435. (CA) American 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) California Dream Cars Appraisals. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www.caldreamcars.net.. (CA) 142 Sports Car Market

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legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Buy/Sell/General 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 Mercedes-Benz, 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) ing 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) world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) Aston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) Hagerty Collector Car Insurance. 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) 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.. 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) 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. 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 family-owned; Park Place LTD is driven to excellence. www .ParkPlaceLTD.com. 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 & Sports cars. Dealer inquiries welcome. www.jjbest.com. (MA) Collector Car Insurance 800.922.4050, Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost 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) Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags.com. (AZ) 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) JWF Restorations, Inc.. 503.643.3225, 503.646.4009. Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. AC restoration specialist. 35 years experience. Partial to full restorations done to street or concours standards. (OR) Kevin Kay Restorations. JC Taylor. 800.345.8290, Antique, classic, muscle or modifi ed-J.C. Taylor Insurance will provide dependable, dynamic, affordable protection for your collector vehicle. Agreed Value Coverage in the continental U.S., even Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online. www.JCTaylor.com. (PA) Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specifi c events. Please contact Mark Cooke and or Kevin Way. English AC Owner's Club Limited. Grundy Worldwide. 800.338.4005, With 60 years of experience in servic- 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The 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, (f)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 June 2008 143

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RESOURCE DIRECTORY do. Now, shop 24/7 at www.TRutlands .com www.TRutlands.com. (GA) GARAGE/TOOLS Baldhead Cabinet Company. 877.966.2253, Offering a fi ne selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets.com. (CA) 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 Deltran Battery Tender. 386.736.7900, Our chargers are the most technologically advanced in the world. Microprocessor-controlled fully automatic “smart chip” charging applies the correct logic to extend battery life signifi cantly! Safe, dependable and will not over-charge your car battery! www.batterytender.com. (FL) Legendary Motorcar Company. Automobile Inspections LLC.. 860.456.4048, “When you need the job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) 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 Alex Dearborn. 978.887.6644, 978.887.3889. Topsfi eld, MA> Buying, selling and trading vintage Mercedes. Specializign in 300SLs. Large database of older M-Bs. www.dearbornauto.com. (MA) 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) Re-Originals. 713.849.2400, Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show 713.849.2401. The U.S. source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European Sports and Competition Morris and Welford. 714.434.856 2/203.222.3862, We operate an interMuscle Car 1000. 949.838.7076, October 7–12, 2007. 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) ♦ 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) 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www .legendary-motorcar.com. (ON) Only Oldies Garage. 480.966.9887, 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) 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 Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com. www.docsjags.com. (AZ) 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) taillights, headlights, grilles, windshields. Visit our website for complete listing. www.reoriginals.com. (TX) Restoration - General national 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) 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) Tires 144 Sports Car Market

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Carl Bomstead eWatch Packard Neon Brings a Dazzling Price Packard ephemera, Shell watch, Hot Wheels collectible, and low # Oregon plate reward collectors Thought Carl's A spectacular collection of early automotive radiator badges was recently offered on eBay. The seller stated they were from his father-in-law's estate and that he had been well known in collecting circles. In all, 15 badges were offered, and they sold in the $250- to $450-range. They included a colorful diecut badge for a 1912 Beggs, as well as badges for the 1917 Yale 8, Delling Steam Car, Walker Electric, and the Niagra Motor Car. The mounting studs had been ground off, but other than that they were all in excellent condition. The seller cashed in to the tune of about $5,000—but he gave up some exceptional pieces of automotive history. This is just another example of the passion of one generation not transferring down to the next, and it's part of the reason we're going to see so many collections, of so many types, coming on the market in the next decade. These are some of the other goodies that crossed my screen this month. EBAY #230227576421—14-FOOT PACKARD DOUBLE-SIDED PORCELAIN NEON SIGN. Number of Bids: 23. SOLD AT: $17,977.88. Date Sold: 3/09/2008. This tall sign would have hung on the exterior wall of a Packard dealership. This example was in excellent condition and all the wiring and neon had been replaced or restored to original condition. These show up from time to time, but they are seldom offered in this condition, so price—while expensive—was not out of line. Next issue will be getting it home and hung on the wall without breaking the neon tubes. EBAY #280205734014—GOLDEN SHELL POCKET WATCH WITH FOB. Number of Bids: 12. SOLD AT: $426. Date Sold: 3/08/2008. As part of a 1940 Shell advertising campaign, the company wanted to prove that their motor oil could lubricate a fine watch. Shell commissioned Girard-Perregaux to produce 30,000 see-through “skeletonized” watches that were sold at Shell stations for only $5. Two different Shell fobs were used during the advertising campaign. This was offered with the 1940 full-color magazine ad for the watches. These show up every now and then and usually sell for between $400 and $500, so this one was a good buy, especially since it included the ad. EBAY #320217391889—PACKARD TWELVE CATALOG PRINTED IN 1933. Number of Bids: 18. SOLD AT: $1,885. Date Sold: 2/15/2008. This exceptional catalog was for the 1934 Packard Twelve, which was introduced on August 22, 1933. The parchment cover of the catalog was very fragile, but this one was in absolutely perfect condition. The striking colors used on some of the cars in the catalog give credence to the bolder restorations we see today at major concours. This Packard catalog had the original mailing envelope, and a salesman's card was clipped to the first page. I've never seen this catalog in such exceptional condition, and think it was an absolute bargain. EBAY #380004220791— HELMS DAIRY NAME BADGE WITH DIVCO TRUCK. Number of Bids: 12. SOLD AT: $536.50. Date Sold: 3/14/2008. This badge was actually for the Helms Bakery, which was founded in Los Angeles in 1931. They had a fleet of 300 Divco trucks with special trays and shelves for bakery products that served the L.A. basin. They were also the official bakery for the 1932 Olympics held in Los Angeles. Transportation costs and the advent of the supermarket led to the company's demise in 1969. There are a few Divco trucks that have been restored to their original Helms livery, and this badge would complete the uniform for the driver. Interesting and fun piece of L.A. history. EBAY #120229581480— 1939 OREGON LICENSE PLATE #17. Number of Bids: 18. SOLD AT: $337.50. Date Sold: 3/11/2008. The seller stated that low number plates in Oregon were raffled off in the 1930s. Whether true or not, low-number plates are always desirable and usually much more expensive than what was paid here. Good thing SCM world headquarters in Portland does not have a 1939 model in the staff car fleet. EBAY #270215575219— REDLINE HOT WHEELS 1967 CAMARO WITH COLLECTOR BADGE. Number of Bids: 17. SOLD AT: $611.99. Date Sold: 3/5/2008. The badge and Camaro were give-aways included in a box of Post cereal some time in the late '60s or early '70s. They were still in their original bags. The car was in good condition, with the hood opening to show the engine bay. Hard to believe someone held onto a trinket from a cereal box all these years, but he pocketed $600 for his trouble. EBAY #370018118291—VINTAGE DIECUT ISK TIRE CARDBOARD ADVERTISING. Number of Bids: 8. SOLD AT: $190.26. Date Sold: 2/07/2008. Very early 3˝ x 3˝ cardboard Fisk Tires stand-up advertising piece with child and amous “Time to Retire” logo. The small boy has a andle in his hand and is ready for bed. This piece was in exceptional condition and well worth the money. Cool piece that would look great in a collection of automotive advertising. SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage POSTMASTER paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 146 Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market