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Andrea Zagato’s 8V Brings $750k Sports Keith Martin’s The Insider’s Guide to Collecting, Investing, Values, and Trends ds POWERPORSCHE Drendel Sale Turbocharges the Market $1.9m 962 FOLD-OUT COVER! ts Car Market June 2012 www.sportscarmarket.com $3.7m 550 Porsche — Collier Eats His Hat Affordable Classic: Real Fun in Replica C- and D-types Amelia Island: Auctions, Concours and 250 GTOs $3.7m 550 Porsche — Collier Eats His Hat Affordable Classic: Real Fun in Replica C- and D-types Amelia Island: Auctions, Concours and 250 GTOs CLASSIC CAR MAGAZINE IN THE VOTED THE BEST WORLD www.about.com

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Sports Car Market Keith Martin’s JOIN US The Insider’s Guide to Collecting, Investing, Values, and Trends 46 1937 Squire 1½-Liter Drophead Coupe 56 1955 Chrysler C-300 June 2012 . Volume 24 . Number 6 IN-DEPTH PROFILES What You Need To Know FERRARI 42 1961 Ferrari 250 GTE 2+2 Series 1 Coupe — $160,597/Bonhams There’s a fine line between patina and shabby — and that line moves, depending on which side of the transaction you’re on Steve Ahlgrim ENGLISH 46 1937 Squire 1½–Liter Drophead Coupe — $990,000/RM This car is glamorous, beautiful and rare; but, for me, the way it has been arrived at puts it in Nowheresville — a fascinating glimpse of what might have been Paul Hardiman ETCETERINI 50 1953 Fiat 8V Zagato — $750,000/Gooding With the good early history, Andrea Zagato provenance and working restoration, this car would be tough to replicate in the market Donald Osborne GERMAN 52 The Drendel Collection of 16 Turbocharged Porsches — $16,109,000/Gooding When the last car in the Drendel Collection was hammered sold at Amelia Island for a total of $16,109,000, it signaled the increasing value of significant Porsche race cars Prescott Kelly AMERICAN 56 1955 Chrysler C-300 — $126,500/RM Gearheads flocked to the showroom to see it, hear it and learn more about the 300-horse Hemi under the hood. Had the car been more affordable, it might be as common today as a 1955 Shoebox Chevy Dale Novak RACE 58 1984 Porsche 962 — $1,925,000/Gooding We can parse out how the market values collectibility vs. vintage racing “go-drive-it” values in a 962 — a car that can possess loads of both Thor Thorson 6 GLOBAL AUCTION COVERAGE 211 Cars Examined and Rated at Eight Sales GOODING 62 Amelia Island, FL: Porsches reign supreme at this $36m event, headlined by a 917 Can-Am Spyder at $4.4m Robert Malke RM AUCTIONS 78 Amelia Island, FL: $2.2m Cord L-29 Special Coupe highlights RM’s $22.3m Amelia Island auction Carl Bomstead AUCTIONS AMERICA BY RM 92 Fort Lauderdale, FL: Three days of classic cars in Florida total $17m Phil Skinner MCCORMICK PALM SPRINGS 100 Palm Springs, CA: 514 cars cross the block at Keith McCormick’s long-running sale, totaling $6.6m Phil Skinner BONHAMS 116 Oxford, U.K.: Bonhams sweeps the board with 100% sold, and $1.9m, led by a barn-find 250 GTE at $160k Paul Hardiman J. WOOD & COMPANY 126 Daytona, FL: The 25th Annual Daytona Antique and Classic Motorcycle Auction sold 98 of 140 lots, totaling $619k Somer Hooker ROUNDUP 130 Highlights from Leake Oklahoma City and the Dick Burdick Collection John Lyons, Phil Skinner EBAY MOTORS 150 Germans on eBay Motors for over $50k Chad Tyson Cover photo: Pawel Litwinski, courtesy of Gooding & Company Text SCM to 22828 FREE weekly newsletter Sports Car Market

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34 Amelia Island Concours d’Elegance COLUMNS 10 Shifting Gears The La Jolla Concours d’Elegance has all the pieces in place to move up the ladder of nationally known concours Keith Martin 28 Affordable Classic: C-type and D-type Replicas Real Jaguar C-types and D-types are rare, fantastic, ultra-valuable cars, so a good replica may be your only shot at getting a fast cat onto the track Gary Anderson 30 Legal Files Two Dutch car collectors face a long, complicated legal fight after German police seized their just-purchased 1935 Mercedes-Benz 500K when it was on display in Essen — on a claim that the car had been stolen from its German owner in 1945 John Draneas 44 Sheehan Speaks To wealthy buyers, Ferraris are merely another line item on a financial statement, and Enzo-era cars are in demand Michael Sheehan 162 eWatch An Iroquois Brewery sign finds a new home for $55,000, while a Stag Motor Oil Company name badge is a comparatively modest $413 Carl Bomstead DEPARTMENTS 12 Crossing the Block / Auction Calendar 16 The Inside Line: New Pebble Beach chief judge, Goodwood Festival of Speed, LeMay Museum, Classy Chassis and Greenwich 18 Contributors: Get to know our writers 20 You Write, We Read: 308 Skimobile, SCM March Madness, Aston Martin DB7 22 Display Advertisers Index 24 Time Pieces: Mido Robot 24 Neat Stuff: Swiss Army Wool Duffel, Half-size Jerry cans 26 In Miniature: 1963 Alfa Romeo TZ 26 Book Review: Colin Chapman: Inside the Innovator 114 Glovebox Notes: 2012 Cadillac SRX AWD 148 Fresh Meat: 2007 Aston Martin Vantage coupe, 2011 Lamborghini Gallardo LP570-4 Superleggera, 2011 Mercedes-Benz CL550 AMG SCM Digital Bonus 8 Additional Seat Time contributions, videos and images are available in this issue’s Digital Edition, included with every print subscription. To sign up for your Digital Issue, go to www.sportscarmarket.com/ digital or call 503.261.0555 Ext. 1 152 Mystery Photo: “Yes, that’s it. Now, just a little bit further….” 153 Comments with Your Renewal: “This is supposed to be fun — not finance. Keep it irreverent, Keith.” 154 Showcase Gallery: Cars for sale 158 Resource Directory: Meet your car’s needs Sports Car Market FEATURES 32 2012 Amelia Island First-Timer: Roundabouts, bucket lists and Porsches under the spotlights 34 2012 Amelia Island Concours: Ferrari 250 GTOs, Vic Elford and Movie Star Cars 38 2012 Boca Raton Concours: Big parties, big cars and big donations to charity 40 Miles Collier — Collecting Thoughts: Is the sale of a Porsche 550 for $3.7m a market aberration or a harbinger of things to come? Chad Tyson

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Shifting Gears Keith Martin From Car Show to Concours as honorary chief judge, offering insights from his years in the collector car world to the team of judges led by Dr. Cy Conrad. Let the show begin This year, my wife, Wendie, and 4-year-old son Bradley accompa- nied me. The general manager of Ferrari and Maserati of San Diego, Mario Giundi, graciously made a Maserati Quattroporte Sport available to us. The QP, black/black with chrome wheels and red calipers, was impressively comfortable and powerful. Wendie and I both agreed that one would look good in our driveway. Our pre-concours days were filled with adventures at the San Diego La Jolla — the elements are in place for a world-class event I n the course of a year, I attend at least 30 car shows, ranging from the Beaches Cruisin at Portland International Raceway to maximus supremo, the Pebble Beach Concours d’Elegance. Despite wildly varying locations, audiences and car offerings, I have come to rec- ognize that the shows have more in common than they have differences. As fascinating to me as the cars on display is the back end of the shows. Deciding on classes, inviting cars, recruiting and training judges, getting necessary city permits, securing sponsorships, working with charities and organizing volunteers are just some of the things that most car shows have to wrestle with. At some car shows, I simply show up and kick tires, reveling in a freedom from organizational responsibilities. At others, such as Amelia Island, I am honored to be a judge — this year looking at the MGA factory team cars that raced at Sebring. Sometimes I am the emcee, as at Keels & Wheels and Bloomington Gold. Other times I interview participants, as I have done at Pebble Beach in the morning for the past four years. When it is a home-town event, such as The Allure of the Automobile presented by the Portland Art Museum last year, or the Forest Grove Concours d’Elegance, I find myself involved with planning, fundraising and public speaking — my personal trifecta. Deciding to go big-time All of these perspectives make me sensitive to the essential nature of car events, thoughtful about what it takes to put on a good event, and what is involved in taking them to the next level. I have just returned from my second year as emcee of the La Jolla Concours d’Elegance. Formerly the La Jolla Motor Classic, the event raised its bar — significantly — in this, its eighth year. It has all the requisite pieces in place to move up the ladder of na- tionally known concours. The setting is spectacular — almost Pebble Beach-esque — with the waves of the Pacific Ocean crashing against the bluffs of La Jolla Cove, and seals basking in the sun. The hard-working board of the concours, led by President Michael Dorvillier in conjunction with Trip Bennett and the La Jolla Historical Society, has worked diligently to strengthen its relationships with the local merchant association — often a sticking point, as car shows can be viewed as disruptive to businesses until they see the results of increased foot traffic. This allowed the Car Corral, a showcase for clubs outside of and adjacent to the concours, to expand significantly. Vice Chairman Harry Clark worked tirelessly to select and attract an enticing array of well-presented cars and motorcycles. Ed Gilbertson, chief judge of the Pebble Beach Concours, joined the La Jolla Concours 10 Zoo and Sea World. (Shamu splashed Bradley, which he assumed was a personal gesture of affection. I didn’t dissuade him.) At night, we dined in La Jolla, choosing from an array of boutique restaurants. We stayed just a block from the coast and the concours at the elegant Grande Colonial La Jolla — any event to which you can walk from your lodging is a good event indeed. On the Saturday Tour d’Elegance, we drove a 1959 Porsche 356B Convertible D, courtesy of Cavallo Motors and its CEO Jeff Abramson, along with good friends Jim and Rhonda Migliaccio, who handle sales and customer relations there. The car was a delight, an older restoration that had mellowed nicely. It had enough power, good brakes and a precise feel to the steering — so many old cars that we drive are just unpleasant, with many needs and much deferred maintenance. It is always a treat to be behind the wheel of a classic that behaves the way the manufacturer intended. The morning weather was overcast on concours Sunday, with storm-driven, 15-foot waves breaking against the shore. La Jolla natives were worried, but as it was 45 degrees and raining in Portland that same day, we felt as if we were in the Sun Belt, even if we couldn’t quite see the sun. The David Patrone Quartet provided upbeat music all day, and at 2 pm the awards began just as the clouds departed. We’ll have a review of the concours, with results, in the next issue, but I can report that it gave me great satisfaction to present the SCM “Spirit of Motoring” Award to longtime SCMer Tom Shaughnessy and his Ferrari 250 TdF. Tom and I have grown up in this business together, and he used to be known as “The King of Toasted Ponies,” as he made his living sourcing and parting out crashed-and-burned Ferraris. Best of Show was awarded to a 1925 Hispano-Suiza Model H6B Landaulet, owned by Don Nichols, while Best of Show Reserve was earned by a 1956 Maserati A6G-2000 Allemano owned by SCMer Jonathan Segal. We also had a chance to talk at length with Mark Leonard of Grand Prix Classics, who had a Ford GT40 (yes, a real one) on the field. He always has nicely done and properly presented cars in his inventory, and has been a longtime friend of SCM. Watching him fire up the GT40 and drive it down Prospect Street was an experience in visual and aural cacophony. Moving on The team at the La Jolla Concours d’Elegance has set its sights high — the plan, and they are not bashful about it, is to become one of the top five concours in the United States. That’s a lofty and ambitious goal, and the road ahead will be full of challenges. They have all the right ingredients in place to move forward and upward — a fine location, a good board, a supportive community and merchant association and a treasure-trove of significant cars in La Jolla and San Diego. If you need an additional excuse to go to La Jolla next April — aside from the sunshine, the scenery, the boutique hotels, the trendy bistros and the upscale shops — the La Jolla Concours d’Elegance should provide it. We’ll see you there. ♦ Sports Car Market

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Crossing the Block Tony Piff 1969 DeTomaso Mangusta at Auctions America by RM — Auburn Spring Auctions America by RM—Auburn Spring Where: Auburn, IN When: June 1–3 More: www.auctionsamerica.com Last year: 244/424 cars sold / $6.7m More than 1,000 quality col- lector cars will cross the block at this annual three-day auction. Early consignments include a 1957 Pontiac Bonneville, said to be one of only 630 equipped with Strato-Streak fuel-injected V8 for 1957 (RM estimate: $200k–$250k); a 1969 DeTomaso Mangusta, shown at Meadow Brook in 2005 and stored since ($75k–$100k); and a 1967 Mercedes-Benz 250SE ($30k– $40k). While you’re in Auburn, don’t miss the famed car corral and swapmeet. Bonhams—The Greenwich Concours d’Elegance Where: Greenwich, CT When: June 3 More: www.bonhams.com Last year: 56/81 cars sold / $3.4m This auction is held in conjunction with the Greenwich Concours d’Elegance and has a reputation for drawing an international clientele. Early headliners include a 1907 Stanley Model EX tourer, a 1964 Aston Martin DB5 coupe and a very significant 1965 Ferrari 275 GTB/C berlinetta, expected to exceed $1m. RM Auctions—The Dingman Collection Where: Hampton, NH When: June 8–9 More: www.rmauctions.com The lifetime collection of former Ford Motor Company director Michael Dingman features more than 1,400 signs and nearly 50 classic automobiles, including a 1936 Ford Model 48 cabriolet with coachwork by the German firm Gläser ($225k–$275k) and a 1947 Ford Super Deluxe Sportsman Convertible ($125k– $225k). The sale will also offer a selection of modern sports cars, including a 1989 Porsche 911 Speedster ($40k–$60k); a 1992 Porsche 911 Carrera cabriolet ($30k–$50k); and a 2005 Ford GT ($125k–$175k). Leake—Tulsa 2012 Where: Tulsa, OK When: June 8–10 More: www.leakecarauction.com Last year: 454/643 cars sold / $9.6m Detroit iron takes center stage at Leake’s annual hometown auction. Star cars include a 1934 Ford street rod with a blown 392 Hemi, programmable Hilborn injection, Wilwood discs front and rear, and more; a 1972 Maserati custom racer; a 1969 Chevrolet Camaro RS/SS Pace Car convertible; a 1966 Chevrolet Corvette 427/450 coupe; and a 1969 Chevrolet Camaro Z/28 coupe. MotoeXotica—St. Louis Classic & Exotic Car Auction Where: St. Louis, MO When: June 15–16 Last year: 67/247 cars sold / $613k MotoeXotica expects more than 250 classic cars at their hometown sale. Among the notable consignments are a Boyd Coddington-built 1929 Ford FiveWindow; a 1957 Chrysler 300C, with one California owner since 1977; and a one-owner 1964 Ford Falcon, which earned a National First Place AACA Senior finish in 2000. Mecum—The Salmon Brothers Collection Where: Little Rock, AR When: June 16 More: www.mecum.com The Salmon Brothers Collection of 140 cars will be 1936 Ford Model 48 cabriolet — part of the Dingman Collection at RM 12 1972 Maserati custom racer, offered at Leake Tulsa Sports Car Market

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Crossing the Block Tony Piff Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: chad.tyson@sportscarmarket.com. MAY 5—WORLDWIDE Montgomery, TX 1956 Dodge station wagon with 20-foot boat at Silver, Coeur d’Alene offered entirely without reserve. Highlights include a number of ’57 Chevys, Corvettes, muscle cars and classics, as well as motorcycles and automobilia. Silver—Coeur d’Alene 2012 Where: Coeur d’Alene, ID When: June 16 More: www.silverauctions.com Last year: 47/120 cars sold / $623k This auction takes place as part of Car d’Lane Classic Car Weekend, which also includes a car show, swapmeet and street dance. The star consignment perfectly sums up this classy, comfortable lakeside event: a 1956 Dodge station wagon with excellent patina and a 1962 Thompson Sea Lancer 20-foot wooden boat, offered as a package with trailer and many vintage accessories. Mecum—Bloomington Gold Corvette Auction Where: St. Charles, IL When: 22–23 More: www.mecum.com Last year: 119/244 cars sold / $5.9m Mecum’s annual all-Corvette sale will take place at the Pheasant Run Resort for the last time this year. Next year the growing event moves to Champaign, IL. Bloomington is one of the biggest Corvette events of the year — every fan should make the pilgrimage at least once. Mecum—Back to the ’50s Where: St. Paul, MN When: June 22–23 More: www.mecum.com Last year: 159 / 271 cars sold / $3m Most cars sold close to $20k at this annual heartland sale last year, with a plenty of good deals to be had near the $5k mark, and a handful approaching $75k. Look for Mecum’s signature mix of high-caliber muscle, hot 14 rods and customs, with a mix of interesting foreign cars sprinkled throughout. Raleigh Classic Where: Raleigh, NC When: June 22–23 More: www.raleighclassic.com Featured early consignments at this twice-annual event are a 1968 Dodge Coronet R/T, a 1954 Chevrolet Corvette roadster with 17k miles, a 1955 Chevrolet 210 hard top, a 1961 Chrysler 300G, a 1966 Mercury Comet GT and a 1958 Dodge Custom Royale D500. Barrett-Jackson—Orange County Where: Costa Mesa, CA When: June 22–24 More: www.barrett-jackson.com Last year: 330/338 cars sold / $13.4m Featured lots at Barrett- Jackson’s June sale are a 1970 Ford Mustang Boss 302 fastback, numbers-matching and well documented, concours-restored with just 38k original miles; a 1957 Chevrolet stepside pickup custom, fitted with 350/385 ZZ4 V8 and 700R4 transmission, featured in several magazines and a multiple award-winner; and a 1960 Austin-Healey 3000 Mk I BN7 in Olde English White over red leather interior with a black top, stainless wires, BMIHT certification and 4-speed, fresh out of Kurt Tanner restoration. Bonhams—Goodwood Festival of Speed Where: Chichester, U.K. When: June 29 More: www.bonhams.com Last year: 83/94 cars sold/$11.5m Last year’s Festival of Speed sale saw 83 cars total $11.5m, for an average price per car of $138k. British and European sports cars are the stars, of course, with a guaranteed strong selection of Astons, Jags and Porsches. ♦ 7—SHANNONS Sydney, AUS 9—SILVER Spokane, WA 11—BONHAMS Monte Carlo, MCO 11-12—RM Monte Carlo, MCO 12—COYS Monte Carlo, MCO 12—VANDERBRINK Sioux Falls, SD 15-20—MECUM Indianapolis, IN 16—SILVERSTONE Northamptonshire, UK 16—BRIGHTWELLS Herefordshire, UK 19—BONHAMS Newport Pagnell, UK 19—DRAGONE Westport, CT 19—MIDAMERICA Newburgh, NY 19—VANDERBRINK Buffalo, MN 24—H&H Buxton, UK 29—BARONS Surrey, UK JUNE 1-3—AUCTIONS AMERICA BY RM Auburn, IN 2-3—VANDERBRINK Villisca, IA 3—BONHAMS Greenwich, CT 4—SHANNONS Melbourne, AUS 8-9—RM Hampton, NH 8-10—LEAKE Tulsa, OK 8-10—ELECTRIC GARAGE Calgary, AB, CAN 9—VANDERBRINK Kensal, ND 14—H&H London, UK 15-16—MOTOEXOTICA St. Louis, MO 16—H&H Northamptonshire, UK 16—BONHAMS Oxford, UK 16—MECUM North Little Rock, AR 16—VANDERBRINK Bismarck, ND 16—SILVER Coeur d’Alene, ID 22-23—RALEIGH CLASSIC Raleigh, NC 22-23—MECUM St. Charles, IL 22-23—MECUM St. Paul, MN 22-23—ELECTRIC GARAGE Penticton, BC, CAN 22-24—BARRETTJACKSON Orange County, CA 29—BONHAMS Chichester, UK 29-30—GIRARD Wakonda, SD 30—TOM MACK Fletcher, NC 30—VANDERBRINK Pipestone, MN JULY 5—H&H Buxton, UK 7—ARTCURIAL Le Mans, FRA 7—SILVER Jackson Hole, WY 7—PETERSEN Roseburg, OR 14—COYS Oxfordshire, UK 14—SILVER Spokane, WA 17—BARONS Surrey, UK 18—BRIGHTWELLS Herefordshire, UK 20-21—MECUM Des Moines, IA 21—SILVERSTONE Northamptonshire, UK 28—CHEFFINS Cambridge, UK 28—RM Plymouth, MI 1960 Austin-Healey 3000 Mk I BN7 at Barrett-Jackson Orange County Sports Car Market

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Inside Line Chester Allen Send news and event listings to insideline@sportscarmarket.com. ■ The 17th Annual Greenwich Concours on June 2–3 is actually two concours. The Concours Americana on June 2 is for American cars, while the Concours International on June 3 is for imported cars. As a bonus, the event features a three-day regatta of former America’s Cup racing yachts. A Bonhams auction is scheduled for Sunday. Concours admission is $30 each day or $45 for both days. www.greenwichconcours. com. (CT) ■ The Goodwood Festival of The Pebble Beach Concours d’Elegance will undergo a change of chief judges this year, with the retirement of Ed Gilbertson Industry news ■ At the conclusion of the 2012 Pebble Beach Concours d’Elegance on August 19, Ed Gilbertson will retire as chief judge. Chris Bock, who will celebrate his 50th year at Pebble Beach this year, will be the next chief judge. “The success of the Pebble Beach Concours d’Elegance is directly linked to the quality of cars on our show field and the manner in which they are judged,” said Concours Chairman Sandra Button. “Ed’s dedication to the proper judging of each car and the preservation of automotive history is unparalleled, and we thank him for his outstanding service. Chris has devoted much of his life to cars and this concours, and we know he will make certain that cars continue to be judged in a fair and accurate manner.” Gilbertson, of San Francisco, CA, will retire as chief judge after the 2012 concours, having served in that position since 1999. He will continue to serve as chief judge emeritus and as a member of the Selection Committee. “It has been an honor and a privilege to serve as chief judge for the Pebble Beach Concours d’Elegance,” Gilbertson said. “I particularly appreciate the help and support of my fellow judges, the concours staff, and especially, my wife and partner, Sherry, who has assisted me at every concours and every tour and rally over the many years.” This August, Pebble 16 Beach will feature Cars of the Maharajas, Mercer, Fiat, Saoutchik Coachwork, AC and AC (Shelby) Cobra, Sport Customs and German Motorcycles. Information and tickets are available at www. pebblebeachconcours.net. (CA) Events ■ Bloomington Gold, that Corvette lovefest — and strict test of Corvette originality — comes to St. Charles, IL, for a final time from June 21 to 24. Thousands of Corvettes and Corvette owners flock to Bloomington Gold each summer to celebrate America’s Sports Car — and to see whether their car is original enough to win a coveted Gold Certification, a Survivor Award or the prestigious Benchmark Award. But there’s more to the long weekend than competition. The Great Hall will honor Corvette people and cars, the GoldMine is the spot to find Corvettes for sale, and Mecum Auctions will conduct the largest Corvette-only auction of the year. Bloomington Gold will move to Champaign, IL, in 2013. SCM Publisher Martin — emcee of certification awards and Great Hall inductions — and the SCM/American Car Collector crew will be on site, so be sure to stop by our booth! For more information, visit www. bloomingtongold.com. (IL) ■ The LeMay — America’s Car Museum will celebrate the grand opening of their stunning new 165,000-square foot museum building in Tacoma, LeMay — America’s Car Museum, conducts its grand opening June 1–3 Sports Car Market WA, on June 1–3. The weekend will feature car shows, tours of the new building, concerts, gokart racing and much more. The museum has more than 1,000 cars, and up to 750 of them can be displayed in the new building, which is on a nine-acre campus — including a grass outdoor show field. Publisher Martin is on the LeMay board of directors. For more information, visit www.lemaymuseum.org. (WA) ■ June’s coolest event — the Classy Chassis Concours d’Elegance — returns to Houston’s air-conditioned Reliant Stadium on June 9–10. The 9th Annual Classy Chassis will feature Bonneville Race Cars and Aston Martin. Guests can pay a small fee for a ride in a Ferrari, Lamborghini or other screamer of a car. Some might hesitate to leave the climate-controlled stadium during the steamy summer weather of Houston for a short ride in a hot car, but those people are probably not SCMers. www. classychassis.org. (TX) Speed from June 28 to July 1 is a landmark event in the collector car year. This year’s celebration of speed and power in the English countryside will bring Formula I racing, modern supercars to the Hillclimb track, rally champions whirling around the Forest Rally Stage, and, of course, a stunning collection of historic race cars and motorcycles — including pre-war Miller and Duesenberg Indy 500 cars. Road race cars, such as Ferrari 250 GTOs, will also be on display. www.goodwood.co.uk. (UK) ■ Legends of Le Mans is the theme of the 30th Annual Dana Point Concours d’Elegance on June 23–24. Famous Le Mans cars from the 1960s, including Ferrari, Porsche, Lotus and Alfa Romeo will be on display. The concours also will celebrate the 50th anniversary of Shelby cars with a special class in the competition. A beach cruisers show, which will feature woodies, VW Bugs and hot rods, is scheduled for June 23. Tours of private collections give participants a glimpse of cars that rarely go on public display. www.danapointconcours.org. (CA) ♦ Jim Pickering

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SCM Contributors ILES C. COLLIER, SCM contributor, is a tired business executive, practicing artist, vestor, philanthropist and noted authority n vintage automobiles. He nurtured his erest in art at Yale University, where he ceived a B.A. in painting. When family usiness intervened, he received an MBA om Columbia University. He retired as managing partner of Collier Enterprises in 1995 and returned to painting, studying for three years with the noted Graham Nickson at the New York Studio School of Drawing, Painting and Sculpture. Today, he paints professionally. Collier maintains a private automobile collection in Naples, FL, and hosts biennial symposiums on automobile connoisseurship. This month, on p. 40, you can find his thoughts on how the recent sale of a 1955 Porsche 550/1500 RS Spyder could signal a boom or a bust in the collector car market. GARY ANDERSON, SCM contributor, enjoys as many aspects of the classic car hobby as he can find time for. He has been active for many years in the Austin-Healey Club USA and is co-author of MBI’s best-selling Austin-Healey Restoration Guide, as well as editor of the Austin-Healey Magazine. An avid vintage race driver, he ran his 1960 MGA in three Monterey Historics, four Wine Country Classics, and the Pittsburgh Vintage Grand Prix. He is the author of Motoring: Getting the Maximum from Your New Mini, a comprehensive guide to the new Mini Cooper, available through Amazon.com. He takes us on an Affordable Classic tour of replica C-types and D-types on p. 28. PRESCOTT KELLY, SCM contributor, bought his first Porsche, a 1964 356SC coupe, in early July 1967, just before starting his first job. The next weekend, he bought a refrigerator — thereby establishing priorities for life. He has owned many Porsches, including two 550s and a 904, but prefers cars he can drive. For 25 years, he vintage-raced a 1967 911R, then a 2-liter Trans-Am 911 and a 1972 911ST. Currently, his garage holds a 1963 356B cabriolet, a 1972 911 and a 1989 944 Turbo S. He is a Contributing Editor for Porsche Panorama, where he concentrates on arcane corners of Porsche history, writes the regular “356 Collectibles” and “MarketWatch” columns for the 356 Registry Magazine, and contributes to Excellence and the Journal of the Society of Automotive Historians. Turn to p. 52 for his look at the sale of the Drendel Collection of racing Porsches. ERIN OLSON, SCM ad coordinator/web content administrator, has a marketing degree from Andrews University in southwest Michigan and recently joined SCM to assist the sales and web departments. She is happily adapting to the auto-centric life at SCM World Headquarters — and now plans to own a car that growls loud enough to wake the dead. Erin took her first trip to the Amelia Island Concours d’Elegance — and the RM and Gooding auctions — in March. Turn to p. 32 for her complete immersion into that joyful madness in Florida. Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Executive Editor Chester Allen chester.allen@sportscarmarket.com; 503.261.0555 x 203 Art Director David Tomaro david.tomaro@sportscarmarket.com; 503.261.0555 x 202 Managing Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Digital Media Director Jeff Stites jeff.stites@sportscarmarket.com; 503.261.0555 x 202 Auctions Editor Tony Piff tony.piff@sportscarmarket.com; 503.261.0555 x 206 Assistant Auctions Editor Jay Harden jay.harden@sportscarmarket.com; 503.261.0555 x 220 Data Analyst Chad Tyson chad.tyson@sportscarmarket.com; 503.261.0555 x 207 Copy Editor Yael Abel Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead, Paul Hardiman (Europe) Auction Analysts John Clucas (Australia), Daniel Grunwald, Jérôme Hardy (Europe), Chip Lamb, Norm Mort (Canada), Dale Novak, Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Prescott Kelly (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Paul Hardiman, Alex Hofberg, Simon Kidston, Ed Milich, Stephen Serio, John L. 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Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th Ave., Suite 100, Portland, OR 97232 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and 18 completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2012 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive Investor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Since pictured in the Bonhams auction hall, the car is continuing to be driven hard on some of the best circuits in the world and not sat under a dust sheet Hey, that’s my car! To the Editor: Well, you’ve made more than one person very happy with the outcome of your March Madness! As the current owner of chas- sis #1018 — the GT40 pictured in the competition — I was of course delighted that it should add more laurels to its already illustrious history. I just thought that your readers might like to know that since pictured in the Bonhams auction hall, the car is continuing to be driven hard on some of the best circuits in the world and not sat under a dust sheet. 2011 saw us competing at the wonderful Phillip Island Race track in Australia for the Phillip Island Historics in March, and then the following week at the Australian Grand Prix in one of the support events at Albert Park in Melbourne. 20 After that, we went to Donnington Park in the U.K. for testing before embarking on the amazing Six Hours of Spa endurance race in Belgium in September — truly the right car at the right circuit — huge fun and a serious challenge! This year, it’s back to its spiri- tual home, Le Mans in France, for the biannual Le Mans Classic (where this car under its previous ownership has notched up no less than a dozen outright class wins) and then Spa again in September — plus an outside chance that we may get to Goodwood if we are fortunate enough to be invited. Here’s hoping.... My bucket list of events to take part in with this car currently has dates and events earmarked in the diary for the next couple of years, including a few roadbased events as well that further underline the sheer versatility and usability of a GT40! Thanks as ever for the great magazine and fun competitions, and keep up the great work. Looking forward to the next issue dropping through my mailbox, and until then, all the best. — Chris Wilson, via email Well, it is a Ford…. To the Editor: It was pointed out today on Bring a Trailer that the GT40 is in fact not an American car. Don’t you all think this is true? I love these cars (and own one), but the chassis and body were designed and built in England, and only the engine is American. Even the gearboxes were European — first Italian, then German. Maybe the fact that they were campaigned by a lot of American teams influences what people think, but I think the greater weight of evidence is that the GT40 is in fact a British car. The contest was lots of fun. Can’t wait until next year. — Jim Rosenthal, via email DB7 praise To the Editor: Enjoyed Stephen Serio’s article on the DB7 (SCM May 2012 “Affordable Classic,” p. 26). I’m a longtime BMW owner. A little over two years ago, I got the itch (61 years old at the time) to get a different car and replace my current BMW, a 1997 840ci. Knowing that Jags have terrible depreciation only after a few years, I took a look, but the XK design with the fish-lip grille didn’t appeal to me. Then, using the same principle, I looked at older Maserati coupes. Though beautiful inside and out, I did not like the ride or the fussing around to drive it right. Hey, what about an Aston Sports Car Market

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You WriAd Indexte We Read 2shores International .................................. 153 356 Registry ............................................... 157 Abercrombie & Kent .................................. 164 Adam’s Polishes, Inc .................................. 139 All American Racers, Inc ........................... 146 American Car Collector ............................. 129 Angies List ................................................... 19 Aston Martin of New England ................... 137 Auctions America ......................................... 13 Automobilia Monterey ............................... 157 Autosport Designs ........................................ 85 Barrett-Jackson ............................................ 27 Bennett Law Office .................................... 110 Beverly Hills Car Club ............................... 133 Beverly Hills Visitors Bureau ...................... 91 Blaine County Community Drug Coalition 157 Bonhams/SF ........................................... 21, 25 Bonhams/UK ................................................ 23 Canepa .......................................................... 81 Capitol Concours d’Elegance ................... 113 Carlisle Events ........................................... 117 Chubb Personal Insurance ............................ 63 Classic Restoration ....................................... 77 Classic Showcase ......................................... 65 Classy Chassis .............................................. 55 Cobalt Automotive LLC ............................ 163 Collector Car Price Tracker ....................... 161 Collector Studio ......................................... 145 Competition Classics ................................. 157 Concorso Italiano ......................................... 99 Concours d’ Elegance of America ............. 101 Continental 1000 LLC ................................. 89 Cooper Classic Collection ............................ 97 Copley Motorcars ....................................... 149 Cosdel ........................................................ 151 Dragone Classic Motorcars Inc. ................. 121 Driversource Houston LLC ................ 125, 127 European Collectibles ................................ 141 Fantasy Junction ......................................... 133 Forest Grove Concours .............................. 107 Fourintune Garage Inc ............................... 156 Gooding & Company ..................................... 2 Greenwich Concours D’Elegance .............. 123 Grundy Insurance ....................................... 135 Gullwing Motor Cars, Inc. ......................... 147 Hagerty Insurance Agency, Inc. ................... 35 Hamann Classic Cars ................................... 37 Heacock Classic ............................................ 7 Heritage Classics .......................................... 93 Hyman, LTD .............................................. 109 Infinity Insurance Companies ...................... 49 Intercity Lines .............................................. 31 JC Taylor ...................................................... 79 JJ Best Banc & Co ..................................... 155 Kastner & Partners Garage ........................ 145 Kidston ......................................................... 15 L’ art et L’ automobile ................................ 127 Le Belle Macchine d’Italia ........................... 75 Leake Auction Company .............................4-5 Len Rusiewicz .............................................. 70 Liberty Motors, USA ................................. 110 Louisville Concours d’Elegance ................ 141 Mac Neil Automotive Products Ltd ............. 83 Mazda Raceway Laguna Seca ................... 119 Mecum Auction ............................................ 17 Mershon’s World Of Cars ............................ 29 Miller’s Mercedes Parts, Inc ..................... 149 Motor Classic & Competition Corp. .......... 151 Northwest House of Hardtops .................... 131 P21S ........................................................... 143 Park Place LTD ............................................ 73 Paul Russell And Company ....................... 139 Pebble Beach Concours ............................. 115 Photos By Teej ........................................... 137 Premier Classic Car Collection .................... 67 Pro-Team Corvette Sales, Inc......................111 Putnam Leasing ............................................ 45 Reliable Carriers .......................................... 61 RM Auctions ............................................ 9, 11 Road Scholars .............................................. 69 Ron Tonkin Gran Turismo ......................... 143 RPM Auto Books ....................................... 153 Russo & Steele LLC .................................... 33 Silver Collector Car Auctions ...................... 39 Sports & Specialist Cars ............................ 135 Sports Car Market ...................................... 151 Steve Austin’s Great Vacations .................. 149 SWISSVAX AG ........................................... 95 Symbolic Motor Car Co ................................. 3 Take Your Car To Auction, LLC ................ 149 The Elegance At Hershey ............................. 71 The Last Detail ........................................... 147 The Stable, Ltd. .......................................... 105 Vantage Wealth Management ....................... 87 Vintage Rallies ............................................. 41 VintageAutoPosters.com ............................ 156 Zymol ......................................................... 103 22 You Write We Read How many 308s are there on the planet with snow tires and a ski rack screwed into the targa top? Martin? Long story short, after a lot of looking on the Net, I purchased a 2001 (hellish depreciation, so affordable purchase-wise) automatic in Chiltern Green with 17k in the fall of 2010. I satisfy my preference for manual with a Sunbeam Tiger and a BMW 3.0 CS. I have to pinch myself every once in a while. “Holy sh-t, I’m driving an Aston Martin!” And boy does it get looks, comments and questions. “What kind of car is that?” My favorite: “That’s an Austin Martin, right?” It is, as “Top Gear” stated, like a middle linebacker in an Armani suit. The car is a thoroughbred. But it is not a modern car. Although four years older, my 840 is much more advanced electronically and is cushier. When both were new, an 850 CSi was a better buy. But BMW does not have the provenance of an Aston. Or in the words of MC Hammer: “You can’t touch this.” I believe your production figures are incorrect, unless you are accounting for U.S. figures only. I quote from Aston Martin DB7: The Complete Story by Andrew Noakes: 1993–2000: 1,605 coupes 1996–2000: 879 convertibles 2001–04: 4,156 both GT/GTA: 302 Zagato: 99 DB Roadster: 99 Total in all years and con- figurations: 7,140 Also, though the convertibles were $10k more when new, I found during my search that since there were so many available, they were less than the coupes. — Roger H. Sternfeld, via email Stephen Serio responds: Roger, glad the Aston Martin that you’re driving is bringing a smile to your face — that’s the point, isn’t it? And get used to the “Austin Martin” thing; it even happens in my showroom. Somehow, something doesn’t translate from across the pond. Thankfully it happens less and less, though. I was referring in my manufacturing numbers to U.S. production only. I’ve even got the transmission breakdown between models, should anyone ever care to know that bit of useless minutiae one day. And you’re right about paying up for a great coupe, as the lion’s share of cars in the U.S. were automatic Volantes. Just yesterday, I had the plea- sure of driving a DB7 Zagato coupe that we were lucky enough to buy for inventory. There is a lot of beautiful, powerful, rare car there. And with regard to BMW “8” Series cars. In my view, they are dated in appearance now, and they really suffer from the risk of too many electronic boards, gadgets and gizmos to potentially fix. The Aston is dumb simple to repair compared to those cars. Happy motoring! Stylish ski bum To the Editor: Love your magazine and look forward to each issue. Thought you would enjoy seeing my “oneoff” 308. After all, how many 308s are there on the planet with snow tires and a ski rack screwed into the targa top? Great fun in the snow. Keep up the good work. — Barry Lundgren, via email Errata The Donington Grand Prix Collection and the Wheatcroft Collection still exist and have not been liquidated. The comments concerning that in the May 2011 “Collecting Thoughts” on p. 38 were in error. ♦ Sports Car Market

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Time Pieces by Alex Hofberg A Delicate Robot from Mido’s Past Many collectors tend to share an obsessive compulsion to accumulate the varied bits that make up their collection, and they often hunger for original period objects that promoted or advertised those bits. As advertisements go, figural and func- tional are two characteristics that tend to be popular, and iconic is never a bad trait, either. Strangely, if the icon happens to be a robot, then the appeal can be off the chart. From the beginning of the wristwatch era in the early 1920s, the Mido Watch company, founded by Georges Schaeren in Biel, Switzerland, offered a varied product mix that ranged from dainty and fanciful “wristlet” watches for women to an interesting array of watches for sporting men. Among their early men’s offerings were a series of watches that were formed in the shape of automobile radiator grilles to promote famous car manufacturers such as Bugatti, Fiat, Ford and Hispano-Suiza. Soon afterward, the Details Production Date: 1939 “Mido Multifort” was launched, a watch whose name suggests the “many strengths” that it boasts. The Multifort was the first wristwatch to incorporate a self-winding, antimagnetic movement that featured water resistance and shock resistance. The public initially gave the Best Place to Display One: On the mantel next to your scale model of Speed Racer’s Mach 5. Ratings ( Rarity: Durability: Parts/Service Availability: Cool Factor: Web: www.swatchgroup.com is best): watch a warm reception, but competition from other brands and the advent of the locking winding crown forced Mido into relative horological obscurity. In 1939, Mido adopted their Neat Stuff by Tony Piff Swiss Army Wool The only problem with this wool duffel, made from recycled vintage Swiss Army blankets, is that it’s almost too stylish to toss in the trunk; better to let it ride shotgun on the passenger’s seat. It’s just the thing to load up with gear for a Sunday drive. We like the uncut blankets, too, which work great for protecting a tattered bench seat, wrapping a chilled passenger or spreading out for an impromptu picnic. $204 an w m iconic ambassador — the Mido Robot. As the modern era glorified technology and engineering quality, what could be more evocative of modernity and superhuman steely strength than a friendly, smiling metallic automaton with a clock in his belly? The Mido Robot somewhat resembles the poseable wood dolls seen in art supply stores. The robot was created to accompany the watches at trade shows, exhibitions and the finest stores, where they were used as correct time pieces to regulate the watches on display. These robot advertising stat- ues were not intended for resale, and they were not produced in any great (or known, for that matter) quantity. They are considered quite rare today. They were also made mostly of a combination of wood and painted, formed particle material — much like cardboard — so they are not terribly durable. Each robot has a five-inch electric clock mounted in the torso that is powered with a typical self-starting clock motor and AC power cord. This particular robot has the word “Powerwind” on the dial below Mido, which gives a clue to the age of the piece. “Powerwind” refers to a simplified automatic winding system that was introduced in 1954. There are many collectors who would agree that the robot is far more desirable and rare than any of the watches that Mido produced. My estimate for one of these robots is $3,000 to $5,000. Just to be on the safe side of this statement, a quick check on eBay will likely bear this out. I’ll take the robot, or, as The Hitchhiker’s Guide to the Galaxy says, “Your plastic pal who is fun to be with.” Half-Size Jerry This military-spec, 10-liter (2.64-gallon) jerry can features all the same design elements as its less wieldy bigger brother: triple handles; safety cap locking pin; internal breather pipe for nosplash pouring; and heavy-duty rubber gaskets that will not leak, even if the can is stored on its side in the hot sun. Robust construction ensures a long life of ever-improving patina. The cans are stamped “Not For Fuel Use,” to comply with C regulations. $4 can, $24 for the g free spout. ww deutscheoptik. com. © 24 Sports Car Market

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In Miniature by Marshall Buck 1963 Alfa Romeo TZ “TZs were — and continue to be — considered as Alfa Romeo’s version of Ferrari’s GTO.” That quote, from the profile of an Alfa Romeo TZ in the September 2011 issue of SCM (p. 70) pretty much sums it up. Until now, if you wanted a great — or even good — miniature of the TZ, your choices were limited to either 1:43 scale, or one of the extremely scarce build-ityourself 1:24 scale kits. The good news is that the long-awaited 1:18 scale TZ from AutoArt is finally here, and it was definitely worth the wait. She’s a beauty and almost flawlessly produced. At this time, AutoArt offers only this one version of the TZ. If you want a competition version, send it to a qualified model builder. The body shape, stance and overall fit and finish are exquisite. Working features consist of poseable front wheels, along with opening doors, hood, and the three little vents on the nose between the headlights. The windows are crystal clear, which becomes evident when peering through the rear glass to see the shelf-mounted spare tire. The tiny emblems — as well as lenses for all the lights — also deserve top marks. Opening the doors is a bit of a challenge, as you need to use a toothpick to grip the tiny, hoop-type door handle for viewing the sparse, perfectly captured interior. Lift up the forward tilting body/hood, and the general detail- ing will surprise and please you. The front-end framework is complete, as are the underhood frame members and ductwork. You don’t get a huge amount of very fine detail, but what is provided looks wonderful and warrants showing off. Want more? Well, turn the model over and you will also find a comprehensively detailed rear end. The wheels and tires are superb. Speaking of the tires, these look like the real deal, as they are just a tiny bit lighter in color Speaking Volumes by Mark Wigginton Colin Chapman: Inside the Innovator By Karl Ludvigsen, Haynes, 208 pages, $37.77 (Amazon) After a period of quiet, the Lotus name seems to be everywhere in the world of racing — and not always in a good way. They are providing new engines this season to IndyCar, although they were just barely built and tested before the first race. The ongoing battle over the name and sponsorship in Formula 1 is now a long-running soap opera. Karl Ludvigsen’s take on the career of Colin Chapman gives you the sense that today’s events are an apt metaphor for the history of the man and the company he built. Colin Chapman was Lotus. He was a visionary and a legendary innova- tor (as the title says), constantly pushing big new ideas and then letting the details get handled by others. He was the kind of maddening genius who came up with grand solutions — and pushed those around him to keep up. Those big new ideas came fast and furious, with game-changing design concepts that changed racing year after year. Think of the impact of ideas credited to Chapman (or ideas he took credit for): using the engine as a stressed member, full monocoque chassis, ground effects or carbon-fiber tubs, just to name a few. He was also instrumental in creating the symbiotic relationship between racing and marketing, rocking the world of British Racing Green with his cigarette-sponsored cars in corporate colors. Rather than a traditional biography, Inside the Innovator organizes a look at Chapman’s career around concepts: engines, transmissions, suspensions, getting rid of weight, aerodynamics and down force. It’s a good choice, giving Ludvigsen a chance to explore the creative process of a brilliant designer. But it wasn’t just those ideas that made Chapman such a force in rac- ing; it was all of the people who worked with him on those ideas. He wound up becoming not just an innovator, but a talent incubator, with his 26 protégés becoming important forces in racing in their own right. Provenance: Karl Ludvigsen has a long and storied automotive career, with time at the biggest auto companies as well as the publications that cover them. His meticulous research plus plenty of original interviews create a fact-filled look at Chapman’s legacy. Fit and finish: Though full of nicely repro- duced color and black-and-white images, plus many original design drawings by Chapman, this is in no way a picture book. The dense text fills a quiet, utilitarian design that says textbook more than anything. It fits the content and tone. Drivability: Ludvigsen had known Chapman for decades, but rather than doing just another biography, his approach in Inside the Innovator allows a focused look at specific areas of the car and how Chapman’s thoughts, ideas and solutions evolved over time. That choice is inspired, giving the reader a chance to, again and again, witness the genius in the man — as well as the often-nasty, selfish self-promoter. It’s a fully realized, smart look at one of the most important men in the history of racing. ♦ Sports Car Market than pure black. Conducting detailed research on the TZ is a task that would drive many to drink — heavily. It appears that AutoArt focused their attention on replicating one car in particular, chassis number 750065, which resides in the Alfa Romeo Museum. They have made a wonderful model, but it is not without a few faults. The windshield wipers are a minor weak point, and they are not up to the fine detail level of the rest of the model. The finish on the two wipers is too dull, and they were also just simply formed and cast as one-piece items with minimal detail — and they show mold seams. The aluminum window trim, grille trim and headlight surrounds have been beautifully replicated, but they sport a chrome finish, which is wrong. The trim should have a shine, but not one with the wrong finish or one that simulates highly polished surfaces. The only flaw that smacks of a really big oops Model Details Production Date: 2012 Quantity: 10,000-plus SCM Five-Star Rating: Overal Quality: Authenticity: Overall Value: Web: www.autoartmodels.com is the nonexistent exterior hood latches that are found on the real car. The model has nothing on the outside to simulate securing the hood. There are not even leather straps, as seen on some TZs. Good grief, even an obscure toy maker in 1980 — in what was then the USSR — put the latches on a 1:43 scale mass-produced model. Regardless of said flaws, this is still an excel- lent model, and one that I very highly recommend. It is reasonably priced at $165.

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Affordable Classic C-type and D-type Replicas They’re Not Real, But They’re Real Fun Good replicas are now accepted as participants in many high-end driving tours by Gary Anderson On the other hand, this marque is one of the few for which replicas have been built to a quality that accurately simulates the experience of driving a true original — and these replicas are on their way to achieving respectability in their own right. So, you can find a good replica at a price that, while not inconsequential, is still a fraction of that of one of the originals. From Jaguar parts to replica Jaguars How did these replicas origi1954 Jaguar D-type replica sold for $46,394 at Bonhams, Reims, France, September 26, 2009 A sk any classic car enthusiast to name the 10 most significant vintage race cars of all time, and I’d wager that the Jaguar C-type or D-type — or maybe both — would appear on the list. It’s no accident that the XK-SS — the street-variant of the D-type — is one of the finalists in the most recent Sports Car Market March Madness poll. The two racing versions made their mark in the most important races of their time, and they are recognized for the classic beauty of their styling. The XK-SS, the adaptation of the D-type for street use after the regulations changed, was the sports car that Steve McQueen made famous. And they are unquestionably rare, with only 53 C-type, 71 D-type, and 16 XK-SS cars ever built. But beyond these important parameters of collectibility, they are simply superb to drive. I had the opportunity a few years ago to drive all three models — through the courtesy of C-/D-type registrar Terry Larson and the late Jerry Nell, on a C-type/Dtype tour — and I treasure the experience. During my precious hours in the cockpits of these three inimitable automobiles, I found that they are exhilarating at speed, and they are tractable under any conditions. It’s one thing to be comfortable at three-digit speeds on a backroad with nothing ahead but the horizon, but it’s quite another thing, only a few minutes later, to be inching along at 15 miles an hour in a one-lane highway construction zone — with absolutely no issues. That was the signal experience for me when I drove Terry’s French-blue Le Mans-podium D-type, and it illustrated the inspired aspects of the design and engineering of these great cars. But will you ever be able to have the same experience? I can offer two answers: not likely, and maybe. As prices for the few original cars escalate well into the seven-digit range, even the enthusiast owners — known for their casual enjoyment of the cars — are driving them less often, while more examples are being consigned to static museum displays. So only a handful of owners will ever have the privilege of enjoying the cars, and they are becoming increasingly cautious about how their cars are used. 28 nate? Like many good outcomes, they were never intentional. Two notable British companies, Lynx Motors and Proteus Cars — which had great skill at fabricating aluminum and steel components for classic automobiles — began in the late 1960s to manufacture replacement panels and chassis parts for C-type and D-type Jaguars that were being restored for the first time or actively raced in the emerging vintage racing community. With growing interest in the older cars — and a rea- sonable number of spare parts from written-off models to draw on — it wasn’t much of a leap for these companies to build complete cars. They were soon joined by other respected builders, such as Peter Jaye Replicas in Britain, and Dave Brown’s Classic Car Developments in New Zealand, in building alloy-body re-creations of the original cars. These replicas were identical in nearly all respects to original external dimensions and appearance. Where possible, they used components from spares stocks, and also sourced engines, transmissions and suspension components from XK 120s and contemporary E-type Jaguars to keep the cars as authentic as possible. As one might expect from this catch-as-catch-can approach, the originality of these replicas varies all over the map. For example, approximately 25 years ago, Peter Jaye built a lightweight C-type for noted collector Walter Hill, using nearly all original and N.O.S. parts under body panels fabricated using original factor drawings. Regardless of the methods, there aren’t a huge number of these replicas and tribute cars in existence because they couldn’t be produced on an assembly line and didn’t justify investment in extensive tooling. For example, Peter Jaye built only 12 or 13 C-types. Unfortunately, none of the companies that built them still exist in their original form, although the Lynx and Proteus companies have recently reorganized and are Sports Car Market

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now reportedly manufacturing parts and panels in Poland. However, several new companies have emerged in the interven- ing years, including Realm Engineering, Leaping Cats, and Suffolk Sportscars in England, Gavin King in Australia, and D-Type Developments, a spin-off of Dave Brown, in New Zealand, so it is still possible to have a replica built or replacement parts fabricated for an earlier replica. More recently, with improvements in fiberglass fabrication meth- ods, a species of replicas has emerged that re-create the appearance of the original cars with fiberglass panels installed in place of standard panels on E-types, or over more modern chassis components and contemporary Jaguar powertrains. Finding a home in vintage racing and tours With the quality that exists at the top of this market range, and with the obvious performance and appearance that the good cars replicate, excellent examples are now rapidly creating their own niche in the classic car hobby. Publisher Martin wrote, in 1996, about a Lynx D-type replica on the market, “I remain unconvinced as to the purpose, utility, value or philosophy behind these re-creations.” However, Keith may have a different view today, and other well-placed participants in the hobby certainly do. Larson notes, for example, that so long as the owner is honest about the true provenance of a replica, few Jaguar owners — even owners of the original cars — will show any disrespect should one show up at a local car show or club event. Good replicas are now accepted as participants in many high-end organized driving tours. In addition, for the individual who wishes to go vintage racing, many vintage racing groups will accept a replica based on its age and the period authenticity of its preparation. The only notable exceptions, of course, are the racing museums in motion held each year at Monterey, Sonoma, Goodwood and Le Mans. The biggest caution in purchasing one today is that there is simply no way to make any generalizations as to value. At one extreme, the Walter Hill Lightweight C-type, were it to be sold tomorrow, might fetch deep into the six-figure range. On the other hand, a fiberglass-bodied D-type tribute, built over the chassis of, say, an XJS, wouldn’t be worth what it would probably cost to recommission it to drive again. The realistic mid-range for a good, original replica (if that isn’t an oxymoron) today is about $150,000, and the cars should continue to appreciate modestly. So, if you’re interested in sharing some of the driving experience of Phil Hill, John Fitch, Norman Dewis or Duncan Hamilton when they drove these cars in anger, it is still possible to slide into the cockpit of a dark British Racing Green classic, pull down your goggles, and have a go yourself. ♦ 1952 C-type replica, sold for $203,500 at RM Auctions, Marshall, TX, in 2007 June 2012 29

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Legal Files John Draneas Was this Mercedes War Booty? Life was good — until the German police, executing a warrant issued by a local court, seized the 500K of the Nazi Party, he definitely did work for the Nazis,” Paalman said. “The factory had been converted to manufacture airplane parts using about 600 slave laborers, many of whom died on the job.” The Prym family lost every- thing after the war, the crowning blow being approximately €30 million they were forced to pay in damages to the families of the slave laborers and fines from their convictions for cartel formation. The family company survives today but is no longer owned by the Pryms. The legal claims German law seems to be egal Files John Draneas Was this Mercedes War Booty? Life was good — until the German police, executing a warrant issued by a local court, seized the 500K of the Nazi Party, he definitely did work for the Nazis,” Paalman said. “The factory had been con- verted to manufacture airplane parts using about 600 slave laborers, many of whom died on the job.” The Prym family lost every- thing after the war, the crown- ing blow being approximately €30 million they were forced to pay in damages to the families of the slave laborers and fines from their convictions for cartel formation. The family company survives today but is no longer owned by the Pryms. The legal claims German law seems to be I I n late March, Frans van Haren and Tony Paalman, Dutch car collectors and business partners, put their 1935 Mercedes-Benz 500K Roadster on display at the Techno Classica car show in Essen, Germany. The two men had bought the car, Lot 147, for $3,767,500, including buyer’s premium, at RM Auctions’ 2011 sale in Monterey, CA. Life was good — until the German police, executing a warrant issued by a local court, seized the 500K on the basis that it had been stolen from its rightful owner in 1945. The two men, who have millions invested in this car, were stunned. The legal knots are plentiful — and very complicated — in this case. But let’s first look at a little history. Digging into a murky past The RM Monterey catalog stated that this 500K, after being featured in the 1935 Berlin Motor Show, was sold to Hans Friedrich Prym in 1935. In the 1970s, it “turned up in the collection of pioneer collector Russell Strauch.” The almost four decades in between were explained by, “Its interim history is unknown at this time.” That huge gap set Paalman to work researching his- tory. He determined that Prym was a very wealthy man. His family had been industrialists since about 1650. In 1935, the family company was doing extremely well, having invented the snap fastener used on clothing. But, according to Paalman, Prym had a dark side. “Although no one has proven that Prym was a member 30 fairly similar to U.S. law in one regard. The owner of stolen property can have a court seize the property — to be held under court order — until the ownership can be resolved. In the U.S., the owner would have to provide very strong evidence that he was likely to prevail in the litigation, and he would also have to post a bond to protect the interests of the other party. Here, the seizure is the result of a court filing from Prym’s surviving son and grandson. Their claim that the 500K was stolen is based upon their testimony that they had heard Prym say that “the car had been taken from them” and that the car “was stolen by the Americans.” However, there is no record of the car ever reported as stolen or of any previous efforts to recover it. Paalman thinks that this is pretty skimpy evidence and shouldn’t have been enough to justify seizure, but he attributed the result to the filing for the warrant having been made on a Saturday morning and presented to a fill-in judge. Paalman thinks the Pryms stand very little chance of success. He also believes the case raises very troubling issues — one being that many Germans very much want to forget everything about the grim Nazi years. Paalman also claims there has never been a case in which the Americans were found to have stolen anything during their occupation of Germany. “There are a few cases of Russians having done that, but never an American,” Paalman said. “Every time the Americans confiscated any property, it was always done through proper legal means.” Maybe the courts move faster in Germany, and this will all sort itself out soon for van Haren and Paalman. Nonetheless, let’s consider some of the interesting legal issues this case raises. What would happen if the car is determined to have been stolen from Prym? Seller on the hook There seems to be little doubt that the seller, which in this particular case was the Lyon Family Collection, would be liable. Under U.S. law, a seller of stolen property has no title to the property, and can therefore not pass good title to the innocent purchaser. Since passing legal title is of the essence of the sale, the seller would definitely owe the buyers a full refund. The seller would then have full recourse against his seller, as he never had good Sports Car Market

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title to the car either. However, that would be limited to the amount he paid for the car — not the amount he got for then selling the car. That result comes from the theoretical nature of the legal action, which is “rescis- sion.” The innocent buyer is able to rescind (or unwind) the transaction, and put each party where they stood before the sale. That gets the buyer his purchase price back, and he just loses his profit. And that legal concept goes back in successive levels, from seller to seller (seven in this case), and each is entitled to full refunds. But once the chain is broken — which happens when a buyer cannot find or recover from his seller for any reason — the music stops and he is left holding the bag. He cannot skip over his seller to reach the previous seller because he has no contractual relationship with him. No auction company liability Readers may wonder what RM’s liability might be here. In all likelihood, the an- swer is not much. In an auction transaction, the auction company is not the seller, even though the buyer writes his check to them. Rather, the auction company is regarded as the seller’s agent, merely assisting the seller in the transaction. The auction company may well be required to give up its commissions on the sale, but that is about it. Further, all auction companies use seller and bidder contracts that make that pretty clear. Should the auction company have found out about this problem beforehand? RM, like all major auction companies, puts great effort into researching the cars in their auctions. They don’t want problems like this to arise, as their business models are focused on creating happy buyers. If their efforts fail, can they be held liable for negligence? Probably not. Auction companies’ bidder contracts make very clear that any efforts in this regard are made for their own protection. They do not assume any obligation to the bidder, who is required to perform his own investigation, if any. And that really makes perfect sense. The opposite rule would transform the auction company from a seller’s agent to a seller or an insurer, which is not part of the deal. But since we’re getting into hypotheticals here, what if the auction company knew about this claim ahead of the auction? That would make things quite different. Any sensible auction company would bring that to the attention of the seller and ask him to explain matters. After all, it’s his car and therefore his problem. If the seller deals with the problem satisfactorily — or gives the auction company adequate assur- ances that the claim is unfounded — the auction company should be free to proceed, perhaps even without disclosure to bidders. But if the seller doesn’t handle the situation adequately, then he would be proceeding with a misrepresentation or fraud. And, the auction company would be participating in that, making itself liable to the buyer as well. International law quirks In this case, German law seems similar to U.S. law — the rightful owner is protected, while the innocent purchaser is not. But in some countries, the innocent purchaser keeps the car and the rightful owner has to find and sue the thief. Say, for example, van Haren and Paalman had purchased the car at an auction in Italy, where the law allows the innocent purchaser to keep the car. Would the German court apply the law of Italy, where they bought the car, and let them keep the 500K? Or would the court apply German law and give it to the Pryms? And if van Haren and Paalman lost the car in German court, what would happen when they went back to Italy to sue the seller? Would the Italian court apply Italian law to conclude that the seller gave them good title so he can’t be sued, making it their problem that they chose to take the car to Germany? Enough about these hypothetical cases, as the actual case promises to be complicated enough. We’ll keep track of this case, and keep you posted when some of the legal knots get untied. Don’t expect this to happen quickly. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney.

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Amelia Island Recap First-Timer Thoughts A Roundabout Journey with a Soundtrack I’ve never been able to look at a Maserati without a wisp of Joe Walsh’s “Life’s Been Good” floating through my mind by Erin Olson A lovely 1957 Maserati 450S, but does it do 185? I had never been to a collector car auction, a Concours d’Elegance or even Florida, so I had very little idea what to expect when SCM Publisher Martin told me to pack for the Amelia Island trip in March. Still, I vowed to embrace whatever Amelia happened to throw my way. I didn’t expect to find so many traffic roundabouts in the deal. Yes, a famous progressive rock band, recorded their hit song “Roundabout” after a tour van ride across the U.K., a place that includes lovely scenery and anxiety-inducing roundabouts. I’m here to report that Amelia Island also features lovely scenery and at least four anxiety-producing roundabouts. I wish I could say that our Dodge Durango loaded with SCM staffers was inspiration to write a hit song, but our adventures with roundabouts produced nothing more than flurries of backseat driving and a handful of unplanned detours. Fortunately for us, Gooding & Company had excellent, roundaboutspecific signs that directed us to their auction. Cool cars, hot lights My first glimpse of the Gooding reception tent — with its blue velvet-draped interior, an enormous, twinkling chandelier, and a 1955 Porsche 550/1500 RS Spyder basking under a spotlight — set the tone for the weekend. Gooding had an extraordinary number of Porsches for sale that day, but I refrained from purchasing one, mainly because they seemed a titch too large to fit in my carry-on luggage. I then headed over to the Ritz-Carlton Hotel to accompany a band of SCMers on the RM consignment tour. Sadly, our charming group also didn’t find inspiration for a hit song — but we did find ourselves walking around some spectacular cars. If you have never attended an SCM consignment tour, go put it on your calendar for next year. Experts from RM and SCM writer Carl Bomstead dished out the inside scoop on many of the cars headed for the block in a way that was interesting for car experts — and novices 32 like myself. After all the fast-paced auction excitement, the Amelia Island Concours itself is the perfect, leisurely culmination of an auto-centric weekend. Two picturesque fairways, liberally littered with cars gleaming under nature’s spotlight, just begged for hours of walking about in the sun. While “Cars that are Way Cooler than Erin Olson’s” was clearly the theme of the weekend, another rocker, Joe Walsh, was on the soundtrack. My vantage point at the Concours was near a large display of Maseratis. I’ve never been able to look at a Maserati without a wisp of Walsh’s “Life’s Been Good” floating through my mind. The large display poster announcing “My Maserati does 185...” cemented this tune in my mind for the rest of my life. The concours crowd skews older, but one of my most memorable conversations was with a gentleman of no more than 8 years old who sagely informed me that there were a few cars he’d always wanted to see, so he was here to have a look and cross them off his bucket list. Adventures with Bomstead Speaking of bucket lists, if you haven’t shared a house with SCM writer Carl Bomstead, you’re missing out on one of life’s great experiences. A true lover of cars, Carl whipped out his cell phone and asked an SCM staffer to change the generic ringtone to one that featured the exciting sound of race cars ripping around a track. A midnight phone call that turned Bomstead’s room into track-side seats at Le Mans did not dampen his love of cars — or his new ringtone — but it might have shocked a year or two off his life. I suspect that my friend Carl would have been much less startled if he had chosen the ringtone featuring a Durango ceaselessly circling a roundabout. After all, roundabouts can grow on you — if you’re swanning along from car event to car event on Amelia Island. ♦ Sports Car Market Chad Tyson

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Amelia Island Recap 2012 Concours d’Elegance Show Field of Dreams Peter Brock was on hand to discuss the Cobra Daytona that unseated Ferrari as World GT Champion by Carl Bomstead 1964 Shelby Daytona coupe, capable of stealing Ferrari’s limelight T he 17th Annual Amelia Island Concours d’Elegance rolled onto the Ritz-Carlton Hotel golf course on March 11. The 10th and 18th fairways were transformed into a lush backdrop for more than 300 collector vehicles. Chairman — and SCMer — Bill Warner, who not only knows everyone but remembers their names, uses his extensive contacts to assemble a remarkable and unique array of collector and race cars for each year’s event. The Amelia Island Concours certainly stands among the world’s premier events, but making specific comparisons is futile. Amelia, and its setting on the Florida coast, is unique. This year, Vic Elford was the honorary chairman, and he entered the field behind the wheel of SCMer Jerry Seinfeld’s 1970 Porsche 908/3. This is the same car that Elford drove in anger some 44 years ago. One of Elford’s more memorable achievements took place at the 1968 Targa Florio with his remarkable come-from-behind victory. In addition to several other race cars that Elford drove during his illustrious career, there were four Porsche 907s on display. The Porsche 907 finished 1-2 at the 1968 12 Hours of Sebring with Elford in the 2nd-place car. In addition, there were classes for the 50th anniversary of the Ferrari GTO, Cover Cars of Road & Track, custom coachwork Cadillacs, and Styling Studio Corvettes — as well as the more traditional classes. Cars of the Stars were represented, but not in a separate class. The 1929 Duesenberg Model J that Ginger Rogers once Details Plan ahead: The 18th Annual Amelia Island Concours d’Elegance will take place March 8–10, 2013 Where: The Ritz-Carlton Amelia Island, Amelia Island, FL Cost: Admission to the concours is $50; admission to other events ranges from $25 to $300 More: www.ameliaconcours.org 34 owned and was in her movie “The Gay Divorcee” joined Natalie Wood’s 1957 Mercedes-Benz 300SL and Rita Hayworth’s striking 1953 Series 62 convertible with coachwork by Ghia. Hayworth had been married five times, and her fourth husband was Prince Aly Khan, who at the time was the world’s wealthiest man. He commissioned the car as a gift for her. It now resides at the Petersen Automotive Museum in Los Angeles, CA. In addition, Fatty Arbuckle’s 1921 McFarland and Tom Mix’s 1937 Cord 812 were on display. The 1934 Ford Model 40 Special Speedster, once Warner’s car, returned after being acquired and restored by the Ford fam- ily. Since it was designed and built by Edsel Ford and Bob Gregorie, it is only fitting that it now resides with the Fords. In addition, car designer and SCMer Peter Brock was on hand to discuss the Cobra Daytona Coupe that unseated Ferrari as World GT Champion. The Amelia Island Concours selects two Best of Show winners, and a 1938 Bugatti Type 57 and a 1962 Ferrari 330 LM took the top awards. The Bugatti was owned by the Off Brothers Collection and is one of three surviving Aravis Drophead Coupes that were bodied by Gangloff. Finished in striking twotoned green, it was the Concours d’Elegance selection. The Concours de Sport award was pre- sented to the 1962 Ferrari 330 LM owned by SCMer Jim Jaeger. It was one of just two built with the 4-liter V12 engine rather than the traditional 3-liter engine. A fitting winner, as it finished 7th at the 1962 24 Hours of Le Mans. Planning for a concours of this magnitude is exhaustive and is already well under way once more. The 18th annual event will take place on March 10, 2013, at the Ritz-Carlton at Amelia Island, and the golf course will again be transformed into a car collector’s “Field of Dreams.” ♦ Sports Car Market Chad Tyson

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Amelia Island Recap 2012 Concours d’Elegance A Ferrari lover’s dream, and a Ferrari insurer’s nightmare One SCMer’s Lucky Ride M any Ferrari 250 GTOs were in the show field at the 2012 Amelia Island Concours, and lucky drivers took eight of the cars on a brief road tour around Amelia Island. The Ferrari drivers then blasted south on A1A. My father and I had set up on the South Bridge off of Amelia Island for some video and quick stills. The group blew past us at full song, with their exhaust symphony echoing for miles. We hopped in our car and chased them to the Mayport Ferry, where we were the last car onto the ferry with the GTOs. After the brief ferry trip, we paraded out to the Mayport Naval Air Station, rumbling past the runway where The Porsche Driving Experience was doing high-speed runs. The GTOs parked, and the drivers went inside a hangar for some helicopter simulator time. The ferry picture was captured on the trip back to the mainland. The owner of the Targa Florio-winning 1951 Ferrari 212 Export Spider Fontana offered me the passenger seat for the ride back. (Thank you very much, Peter Markowski.) We chased the eight GTOs at very aggres- sive speeds back to downtown Fernandina Beach. What a day. — Justin Lapriore We want both of them 36 Sports Car Market Thoroughbreds at rest Justin Lapriore, letsmakemedia JerryLap, letsmakemedia Justin Lapriore, letsmakemedia

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Event 2012 Boca Raton Concours Boca Does It Bigger Last year, the concours set a record for the most money ever raised for charity at an automotive event anywhere in the world by Bill Rothermel A show field of 250 cars graced the lawn. Spectators lugged around 225-page programs. A pre-concours party filled two airplane hangars and featured food from 30 res- taurants. All this makes me think that “Bigger is Better” was the unofficial theme for the 6th Annual Boca Raton Concours d’Elegance on February 24–26, 2012. If ever a concours existed that was all about “see and be seen,” the folks in Boca have that covered by a mile. It is a weekendlong, car-happy party that does everything possible to top itself. Beautiful people should most definitely apply. But, in the end, it was all about the cars — and car people. Lifetime Achievement Awards were presented to SCMer Carroll Shelby, Edsel Ford and local auto dealer and SCMer John Staluppi. Six Shelby Cobras were on the grass, along with a bevy of Mustangs both old and new. All the cars were there to celebrate the Texan’s 50th anniversary as a builder of fast, powerful cars. Despite all the hoopla, Sunday’s concours remained more car show than concours, with many cars making repeat appearances from the five previous years. Just one Brass Era car was present, and only a smattering of Classics. Lots of Corvettes and Model As were on display. Aston Martin, the featured marque, drew a nice representation of cars including several stun- ning DB-series coupes and cabriolets. Sports cars were well represented, and a few unique cars crossed the radar. Among those were the 1925 Alvis 12/50C Roadster of John and Celia Layzell, Richard Gorman’s 1958 Bentley S1 Continental DHC, a 1967 BMW 1600GT owned by SCMers Dirk and Alexandra DeGroen, SCMer Guy Lewis’ beautiful 1972 Mercedes-Benz 600 sedan, and a pair of gorgeous Stutz cars: a 1930 M Supercharged by Lancefield and a 1932 Bearcat Boattail, both owned by mega-collector and SCMer Richard Mitchell. The Founders Award was presented to a stunning 1932 Details Plan ahead: February 23–24, 2013 Where: Boca Raton Resort & Club, Boca Raton, FL Cost: $50 More: www.bocaratonconcours.com 38 Rolls-Royce Phantom II owned by Dan and Cathie Mouton of Beaumont, TX. 1932 Rolls-Royce Phantom II Sports Car Market SCMer Jim Patterson’s 1939 Bugatti 57C Cabriolet — Best of Show and Best European Classic Both Best of Show and Best European Classic went to Jim Patterson of Louisville, KY, and his stunning 1939 Bugatti 57C Cabriolet by Voll & Ruhrbeck. Best of Show Motorcycle was awarded to a time-warp 1910 Harley-Davidson Belt Drive owned by Patrick Regis of Fort Lauderdale, FL. In all, 23 classes were represented, including motorcycles. No one questions the ability of Chairman Jamie McDonnell and Founder Rick Case, both SCMers, to raise money. Last year, the concours set a record for the most money ever raised for charity at an automotive event anywhere in the world — more than $3 million. The Boys and Girls Clubs of Broward County are the lucky recipients. Bigger is definitely better in Boca. ♦

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Collecting Thoughts 1955 Porsche 550/1500RS Spyder Boom, Bust or What? Is this sale a not-to-be-repeated outlier created by two or three buyers out of touch with conventional thinking — or is it a harbinger? by Miles Collier The $3.7m 1955 Porsche 550/1500 RS Spyder G ooding & Company’s sale of the 1955 Porsche 550/1500 RS Spyder for $3,685,000 at Amelia Island this March was the talk of the crowd throughout the weekend. Whatever their knowledge of the collectible car mar- ket, Porsches or cars generally, for that matter, it seemed everyone had a theory. It is inarguable that the car did sell for, well, that much. As I’m a bit of a Porsche guy myself, Publisher Martin emailed me the week before Amelia, seeking my views. Specifically, he sought my opinion on the wild estimate that Gooding had placed on this particular lot. In the finest tradition of pundits throughout history, I wrote him a detailed explanation of why Gooding had got it completely wrong. The estimated $2.2 million to $2.6 million price was simply crackers, as it was over the maximum possible value of $1.2 million by 100%. Of course, my prologue led ineluctably to a cell phone call from Martin mere seconds after the Spyder sale was hammered closed. He asked me how I liked my forecast now, and he then suggested I could eat my hat. Chewing it over This sale represents an outlier. Whether this ex- traordinary result has any predictive significance for a radical re-pricing of racing Porsches of the 1950s — or the end of the car collecting world as we know it — this is a question that needs an answer. In financial markets, there is a saying that no one rings a bell at the top or bottom of a market. In this case, however, did we hear a bell? Let’s quickly consider our subject Porsche. Ignoring the 10 550 prototypes, which are entirely 40 different propositions, the Porsche 550 Spyder was the first publicly available sports racing machine in the company’s history. With more than 90 examples built, they are both the most common, the most primitive — due to their ladder frame — and the least potent by virtue of their early 1500-cc, four-cam engines. In essence, the series-produced 550s are “starter” Porsches for serious, 1950s-era sports racing car collectors. Let’s get back to history. In short order, 550s were followed by the much faster, space-frame 550A, a car so different from the 550 that one is at a loss to explain the new model’s designation by the mere addition of the “A” coda. In collecting circles, a fine 550A is worth several hundred thousand dollars more than a 550. Next in increasing value — though not driving ease — is the RSK. Only mildly improved over the 550A, although styled differently, the RSK is considerably faster at the price of more demanding handling. More powerful engines, and four interesting evolutionary variants, increase the RSK’s value above that of the 550A. Finally, at the end of the Spyder series, come the RS-60/61s. Possessed of both looks, easy handling and great speed, this is the gold-standard Spyder. It is also the one Spyder to own if only one were to be considered. Subsequent to the 550, all Spyders were produced in fewer numbers — roughly 30 to 35 examples of each. Heretofore, the RS-60/61 has been a $1.3 million to $2 million proposition, depending on condition — and whether it has a factory team car pedigree. Recall that an RS-61 sold at Amelia two years ago for $1.7 million, causing much chatter then about the extraordinary price it commanded. Signaling a boom? Let’s reason from comparables. If a never-raced 550 Spyder of average or slightly better condition, despite the catalog text’s encomiums, is worth $3.7 million, then Porsche team RS-60s, say, with overall race wins against Ferrari and other front-line competitors at Sebring or the Targa Florio have to be worth… what? Two times; three times? Such RS-60/61s are not so valued today. Could they now be? We’ll have to wait and see. Now let’s return to the context of the transaction. One hypothesis is that this sale is a case of naïve — but well-heeled — investors jumping into an apparently surging market the likes of which we last saw in the late Sports Car Market Mathieu Heurtault, courtesy of Gooding & Company

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1980s. This is the greater fool/momentum theory explanation of the market. The argument would go that worldwide economic fundamentals are extraordinarily bleak. Two weeks ago, I spent a number of days meeting with domestic and internationally based institutional money managers. The one commonality they emphasized is that worldwide financial volatility has increased substantially, and that, given the potential for widely divergent economic outcomes in the near future, asset allocation decisions are imponderable. Bottom line: No one in the professional money man- agement business anywhere in the world can discern a consensus view of the markets. No one knows if the future holds depression, inflation, stagnation, whathave-you. In a world where conventional financial assets have huge downside risk due to potential adverse macroeconomic changes, non-traditional assets can appear to offer an attractive alternative to investors looking to bank their cash in a safe haven. What could be more attractive than a pedigreed European sports-racer that offers thrilling performance — especially in the financial arena? Recall that the seller bought our subject Spyder a year ago for $1.6 million. We could argue that the value of important, first-quality, investment-grade automobiles has a long way to go compared with art, unique real estate properties, gold, and so on. Hence, we can look at this sale of the 550 as a bell heralding a “non-car guy,” investor-led asset run-up. Or a bust? Now, the opposite may also be true. There is another truism in the investing world that nothing can grow to the sky. All assets’ values fluctuate according to supply and demand. Bust follows boom as night follows day. When you witness illogical acts of investing profligacy all around you — think the millennial tech boom/bust or the more recent real estatedriven deleveraging of the economy in 2008 — you may start to get a bit nervous about the car market. At this time, we are seeing nominal prices substantially in excess of those at the peak of the late 1980s car collecting boom. Heretofore, the market has been propelled by the “usual suspects” — the well-known collectors who have been refining and adding to their collections over the past few years. Now, we are presented with newcomers — some of whom have kept their identities concealed — buying important cars at record prices. I have been interested to see that the car world is rife with talk related to the creation of automobile-based investment funds and the ancillary creation of financial analytics, fund index numbers and so forth. This kind of activity is symptomatic of a frothy and topped-out market… except when it isn’t. When I saw him on Sunday at the concours, I asked David Gooding in a tone of reverential awe how he knew to apply such a high estimate to the Spyder. He graciously replied with an inscrutable smile: “Given the quality of the car, it just seemed right.” The point being that there were no explicit analytics involved in determining this now-prescient estimate. Is this sale a not-to-be-repeated outlier created by two or three buyers out of touch with conventional thinking — or is it a harbinger? We’ll have to wait for the next auction. Right now, this car was phenomenally well sold. ♦ June 2012 41

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Ferrari Profile 1961 Ferrari 250 GTE 2+2 Series 1 A donor GTE is worth $100k to $125k. A running, driving GTE is worth only slightly more than a donor-quality car by Steve Ahlgrim Details Years produced: 1960–63 Number produced: 955 Original list price: $11,000 Current SCM Valuation: $100,000– $150,000 Tune-up cost: $1,500–$3,500 Distributor caps: $450 (two required) Chassis #: Left frame member near steering box Engine #: Right rear motor mount Club: Ferrari Club of America More: www.ferrariclubofamerica.org Alternatives: 1976–79 Ferrari 400 GT, 1964–67 Ferrari 330 2+2, 1966–67 Lamborghini 400 GT, 1966–67 Maserati Mexico SCM Investment Grade: C Comps Chassis number: 2647 Engine number: 2647 “P ininfarina and Enzo Ferrari have collaborated to make a most desirable motor car: expensive, fast and luxuriously comfortable, with a large luggage compartment. All this adds up to a Gran Turismo, with the accent on the ‘Gran,’ par excellence. If you want to go road racing look to the Berlinetta, but for touring in the grand style, ‘Two plus Two’ equals near perfection.” — so says Sports Cars Illustrated. Intended to extend Ferrari’s appeal to a sector of the market already contested by rivals Aston Martin and Maserati, the 250 GTE 2+2 debuted in the summer of 1960. The GTE featured a light, compact Colombodesigned 3.0-liter V12. The 250 GT chassis was a multitubular frame tied together by oval main tubes and an independent coil spring front suspension. Introduced with a 4-speed gearbox and drum brakes, late GTEs were updated with disc brakes and an overdrive gearbox. Pininfarina’s brief had been to produce a 2+2 without sacrificing elegant good looks or sporting demeanor. Moving the engine, gearbox and steering gear forward — and the fuel tank back — accomplished the task without altering the 250 GT’s wheelbase. The Tipo 128E outside-plug engine’s 240 horsepower ensured that performance was crisp. A highly profitable car for Ferrari, the 250 GTE evolved through three series, remaining in production until 1963. This barn-find 250 GTE 2+2 is an estate sale. It was sold new in Rome, Italy, and was once owned by Agostino “Dino” De Laurentiis, who produced the film 42 “Serpico,” among many others. The car still carries an expired 1976 tax disc and its last MoT certificate. This well-preserved barn find represents a wonderful opportunity to acquire an original and untouched early Ferrari 250 GTE, ripe for sympathetic restoration by a fortunate new owner. SCM Analysis This car, Lot 348, sold for $160,598, including buyer’s premium, at Bonhams’ Collectors’ Motor Cars and Automobilia Auction on March 3, 2012. “They’re only original once.” “Barn find.” “Survivor.” “Preservation candidate.” The battle cries for non-restored cars seem to be at a fever pitch. There’s no denying the appeal of a vintage race car oozing the patina that takes you back to the period of its glory. Likewise, you can marvel at the originality of that old Maxwell with the cracked paint and well-worn leather. But what happens if there’s one mag wheel and three wire wheels on the race car or a crumpled fender on the other side of the Maxwell? There’s a fine line between patina and shabby — and that line moves, depending on which side of the transaction you’re on. A flawless bloodline… Ferrari produced a diverse assortment of 250 GTs. The approximately 2,540 250s built were the product of more than 20 models. The 250 GTE was the most prolific 1961 Ferrari 250 GTE 2+2 Lot 212, s/n 2337GT Condition 3Sold at $153,593 Bonhams, Paris, FRA, 2/1/12 SCM# 192612 1962 Ferrari 250 GTE 2+2 Lot 353, s/n 4177 Condition 2 Sold at $219,496 Artcurial, Paris, FRA, 2/3/12 SCM# 192746 1962 Ferrari 250 GTE 2+2 Lot 234, s/n 3723GT Condition 2+ Sold at $259,459 Artcurial, Paris, FRA, 2/4/11 SCM# 169046 Sports Car Market Simon Clay, courtesy of Bonhams

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SCM Digital Bonus of the 250s, with a reported 955 examples representing 37% of the total 250 production. The GTE counts as its siblings the top echelon of Ferrari’s production, including several among the most valuable automobiles ever produced. Historic models, such as the 250 Testa Rossa, provided DNA for the GTE, and legendary models like the 250 GTO, 250 California and 250 SWB were built in the same building, at the same time, by many of the same people — with similar components — as the 250 GTE. …but last in the value sweepstakes Although the GTE is incredibly similar under the skin to the most important Ferraris of all time, its value is at the opposite end of the spectrum. Credit the 2+2 configuration or the lack of racing history, but the most popular 250 in its era is the least valuable today. They are not necessarily hard to sell, they just don’t bring a lot of money. Mike Sheehan recently sold a good-looking, good-driving GTE for $135,000. The very upper end of the market in the U.S. tops out around $200k. Restoring a California can cost twice what the best GTE will sell for. The fact that the GTE has so many components in common with other 250 models has made it a target for harvesting parts for the repair of other 250s — and for the construction of clones, replicas, or whatever you call them. The practice has brought scorn and condemnation from the automotive community, but no one is reaching deep in their billfold to save the GTE — so far. Restoration or donation In researching this article, I scoured the Ferrari Internet forums, looking for chat- ter on GTE number 2647. Mixed with the factual information were opinions on what the new owner should do with it. Almost to a person, the advice was to do as little as possible and enjoy it as-is. That may be the romantic notion, but reality lives in a different universe. Where are these cheerleaders for salvation going to draw the line during the resurrection? The paint on GTE number 2647 was fleeing in large flakes, rust filled the spots on the bumpers where chrome used to be, and the interior soft material and trim was shot as well. Mechanically, the exhaust was loose from the head- ers, which can be an ominous sign of aborted engine work. Who knows what other disasters will be discovered? Clearly this was a serious project when it was abandoned 36 years before. Sorry, fellow gearheads, it’s going to take more than fresh gas and a wash to save this car’s soul. A 250-series engine of any type is worth about $75,000. Add to that the starter, generator and other accessories and you are in for another $10k. If you want to build a replica, you’ll need the chassis, brakes, suspension, and a whole lot more. As a donor, a GTE is worth $100,000 to $125,000. Herein lies the rub, as a running, driving GTE is worth only slightly more than a donor-quality car. Cannibalizing a GTE may be an ethical dilemma, but it’s an economic no-brainer. It may be romantic to save a derelict GTE, but it’s like burning money. GTEs are wonderful drivers, so much so that many were used up like the Fords and Chevys of their time. Every year or two, a derelict GTE pops on the mar- ket, having been pulled out of a corner where it was left rotting years before. Our subject car was just another GTE in this long line. Celebrity ownership and a picture on the catalog cover isn’t going to save this one. The only way 2647 gets restored is through bad judgment. I like GTEs and I’m all for preservation, but unfortunately, the value of 2647 is probably the sum of its parts. This car blew past Bonhams’ $95,000 high estimate, eventually selling for about $160,000. Europeans will pay much more than Americans for a GTE, but this was a huge number for a rough car. The car needs everything. Bonhams’ suggestion of a “sympathetic restoration” isn’t in the cards. Bonhams sold a better car in driving condition just a month earlier in Paris for $7,000 less. Unless the buyer of 2647 has plans for the car for which the purchase price doesn’t matter, they’re hopelessly under water. Chalk this one up for the seller and accent it with a star. ♦ (Introductory description courtesy of Bonhams.) SCM Digital Bonus. Additional images and more... June 2012 43

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Sheehan Speaks Michael Sheehan Column Author Are Ferraris Booming or Bubbling? The equation is simple: There is no lack of wealth chasing a fixed number of collectible Enzo-era cars 1972 Ferrari 246 GT, sold for $214.5k — a record Dino price — at Gooding & Company’s Amelia Island auction T he used Ferrari market has always been both a reflection of — and an overreaction to — the economy. When times are good, Ferrari prices rapidly rise, and when the economy is bad, buyers go into hibernation and prices fall. Recent sales from Scottsdale and Amelia Island last month indicate that we are in a boom, but is it sustainable? As a speaker at the Hagerty symposium at Amelia Island, I was repeatedly asked whether we are in a bubble. I said that we are in the early stages of a boom. Why are we in a boom and not a bubble? To understand the current business phase, we begin with a history lesson on the previous cycles. The forgotten boom and bust In 1973, the Western world endured the first fuel crisis, as gas went from 33 cents to $1 a gallon in the U.S. and much more in Europe. The market was flooded with used exotics, with near-new Daytonas priced at $15k and Dinos at half that. All bad things eventually come to an end, and consumers painfully accepted $1-per-gallon gas. From 1975 to 1979, America’s economy and real estate markets boomed and infla- tion soared. The Ferrari market had its first boom, and in only five years — from 1975 to 1979 — the $15k Daytona became a $75k Daytona, In August 1979, party-crasher Paul Volcker became the chairman of the Federal Reserve. Volcker cranked interest rates to 21%, which killed inflation, the economy, the real estate market and the Ferrari market. By 1984, Daytonas were back to $50k. Déjà-vu, all over again As interest rates dropped in the early 1980s, the money markets stabilized, liquid- ity returned, and the economy again took off in 1985. Baby Boomers began celebrating their big “Four-O” birthday with a buying binge. When the Japanese came to the party in 1986, Ferrari prices spiraled onward and upward. By the end of 1989, a nice Daytona had reached $500,000. But the 1985–89 boom was built on voodoo economics and massive debt. The Bank of Japan’s interest rates were at a (then) ridiculously low 2% to 3%, and massive liquid- 44 ity flooded the Japanese market. The Japanese banks were offering an unbelievable 100%-plus financing against the appraised value of real estate. As the yen got stronger, anything outside Japan was half-price. Back in the United States, on what is now known as Black Monday, October 19, 1987, the Dow started down, and by the end of October had lost almost 23% of its value, following the lead of Hong Kong, which fell 45%; Australia fell 41%, the U.K. fell 26% and Canada fell 22%. While most people would guess the Ferrari market would be hard hit by the dip in the Dow, the death of Enzo Ferrari in August 1988 — and the end of the last of Enzo-inspired cars — invigorated the market. Investors pulled money from the stock market into collectibles, such as art, real estate and autos, so the Ferrari market kept climbing to the end of 1989. Japan defies financial gravity As other stock markets headed south during the late 1980s, the Japanese Nikkei index kept growing, reaching a peak of 38,915.87 on December 29, 1989. While Americans and Europeans had started to pull back from the Ferrari market, the Japanese were aggressive buyers and kept pushing prices upward. The crash of the Nikkei index in December of 1989, coupled with the following implosion of the Japanese real estate market, brought everything to a screeching halt. By 1994, our benchmark $500k Daytona was now $125k. Once again, a five-year boom was followed by a five-year bust. By 1995, the Ferrari market had begun a slow-but- Sports Car Market

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steady climb. That stopped in 2000, when the dot-com bubble burst and NASDAQ markets imploded. The market got another blow from the September 11, 2001, terrorist attacks. Despite that, the financial markets slowly gained strength through the early 2000s. By late 2007, our benchmark Daytona had crossed well over the $300k barrier. The latest bust and boom The you-know-what again hit the fan in 2007, with the crash of the sub-prime market. The economy hit the proverbial wall in 2008, with the demise of Lehman Brothers and the freezing of the financial markets. The world entered the worst financial downturn since the Great Depression of 1929. If one had to sell, our benchmark Daytona was a low $200k car. Collector cars tend to be a financial market indicator leader, and they tend to lead the economy’s recovery. In August 2010, the Monterey auctions paid proof to a collector car revival, with a whopping $172m in sales, up by $52m from 2009. Those impressive results were reinforced Scottsdale in 2011 with a very impressive $159m in sales. Monterey 2011 continued the turnaround, with total sales reaching the $200m mark, with the top-end cars leading the rally with Gooding’s sale of 250 TR, s/n 666, at $16.4m and RM’s sale of 250 SWB Competizione, s/n 2209, at $5.28m. The strength in the Ferrari market was in the very best cars. 2012 began with a bang as collectors spent $184m at Scottsdale, easily beating 2011’s $159m — and beating the all-time high of $163m set in the boom days of 2007. The upward trend continued at Amelia Island with $59m in sales, up from $42m in 2011. The top end continued to boom, while the under–$500k Enzo cars took off, with 246 GTS, s/n 5820, selling for a staggering $363k at RM and 246 GT, s/n 3496, selling for $214.5k at Gooding. These are record Dino prices. Is it different this time? The rich world’s central banks are now in the “reflation trade,” which means they are printing money to revive and grow their economies — regardless of short-term inflation. The United States and the United Kingdom have led the pack, but the Swiss joined the printing party late last year, while the Bank of Japan added billions of yen to their banking system to encourage growth through inflation. The European Central Bank has pumped billions into the European banking system to provide liquidity. Investors have responded with a surge in buying “real assets” linked to growth (such as stocks) or to rising prices (commodities and collectibles). All of this has helped to lift the overwhelming gloom that permeated the European economy mere months ago, although the Europeans are not yet buying in force. I predict that we are in the very early stages of another economic boom. My crystal ball sees good times and rising prices for the next two or three years, but five years out is simply too far to predict given today’s geo-political climate. The caveats, of course, are what Donald Rumsfeld called the “known unknowns.” at Black Swans such as an Israeli strike on Iran’s nuclear program, which could drive oil toward $200 a barrel — or another terrorist attack rattling the world’s economic markets — loom over all calculations. Excluding these potential disasters, a lot of buyers just don’t worry about the relation- ship between the financial markets and the collector-car market. There is no real estate bubble to pop, the sub-prime disaster is being worked through, and many businesses are awash in profits. To wealthy buyers, Ferraris are merely another line item on a financial statement. The equation is simple: There is no lack of wealth chasing a fixed number of collectible Enzo-era cars. ♦ June 2012 45

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English Profile 1937 Squire 1½-Liter Drophead Coupe However beautiful, its body is not anything Adrian Squire designed, sourced or approved by Paul Hardiman Details Years produced: 1935–36 Number produced: Seven by Squire, plus three built later Original list price: £1,095 (about $5,370) Current SCM Valuation: $750,000– $1,000,000 Tune-up cost: $1,000 Distributor caps: $500 Chassis #: N/A Engine #: N/A Club: none Alternatives: 1934–35 Riley Imp 1932–36 Maserati 4CS 1500 1929–33 Alfa Romeo 6C 1750 SCM Investment Grade: A Comps Chassis number: 1063 Engine number: 1096 A drian Squire was just 21 when he set out to build his own motor car. Dreaming of such a venture since he was a schoolboy, at 16 he sketched out a whole catalog for the “world’s greatest sports car.” He envisioned advanced engineering and light, flowing coachwork sitting on a chassis with a low center of gravity. In many ways, he succeeded beautifully. At age 18, Squire was apprenticed to Bentley Motors and later worked as an assistant draftsman at MG. On his 21st birthday in 1931, he inherited £20,000, the capital with which he financed Squire Motors. For his engine, Squire selected a 1.5-liter DOHC four, designed by T.D. Ross of Frazer Nash. Production of the engine was handled by Anzani. The chassis frame was exceptionally rigid, with cruciform bracing, and adjustable friction shock absorbers allowed control over ride and handling. For stopping power, its hydraulic brakes were given huge 15-inch magnesium alloy drums. Although its chassis was completed in February 1934, the first Squire was sold in May 1935. Customers, however, did not materialize in any number, perhaps because the cars cost almost as much as a Bugatti. The last car built in 1935 was sold to Val Zethrin of Chislehurst, Kent. After just two deliveries in 1936, Squire Car Manufacturing Company was shut down, and Adrian Squire went to work at Lagonda. Zethrin took up the project, purchasing all the parts 46 on hand, and between 1937 and 1939 he built three more cars. Adrian Squire was killed in a bombing raid while working at the Bristol Aeroplane Company in 1940. Chassis 1063 was the first of the final three cars built under Val Zethrin’s supervision, completed in the autumn of 1937. Originally ordered by Geoffery Munro and laid down by Adrian Squire before he left the company, it was fitted with sleek drophead coupe coachwork by Corsica. This Squire was owned for many years by British Maserati aficionado Cameron Millar. In December 1984, it was exported to the United States in the ownership of Dr. Douglas Oosterhaut, a prominent San Francisco plastic surgeon. Oosterhaut used it regularly until 1986, when he sold it to California collector Bob Cole. In June 1995, it was acquired by Washington state collector Pat Hart. Although the car was remarkably original and in good running order at the time of sale, Hart embarked on an extensive, three-year, no-expense-spared restoration by Don Vogelsang in Seattle. It was finished in the original black, complemented by light blue leather. Fresh from the shops, the car made its debut at the 1998 Pebble Beach Concours d’Elegance. After the show, it took pride of place in Hart’s private collection, where it remained until his passing in 2002. Since acquisition, the owner has had the engine returned to top running condition, as it had languished from disuse. The 2011 show season was exciting, begin- Sports Car Market 1935 Squire 1.5-Liter Lot 221, s/n X103 Condition 4 Sold at $145,000 Bonhams, Carmel Valley, CA, 8/18/01 SCM# 23238 1932 Alfa Romeo 6C 1750 Lot 110, s/n 10814400 Condition 2- Sold at $1,540,000 Gooding & Co., Pebble Beach, CA, 8/21/11 SCM# 183149 1935 Maserati 4CS 1100/1500 Lot 172, s/n 1124 Condition 2Sold at $819,825 Bonhams, Monte Carlo, 5/20/06 SCM# 41925 Courtesy of RM Auctions

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SCM Digital Bonus ning at Palm Beach, FL, where it was voted People’s Choice and Best of Show at Classic Sports Sunday at the Mar-a-Lago Club in January. At Amelia Island in March, it received the Breitling Award for Timeless Beauty, then copped Designers’ Choice at the prestigious Art Center College of Design in Pasadena, CA, and finished Best in Class at California’s Del Mar Concours in October. Nine of the original 10 Squires survive. This one is, quite simply, the loveliest of them all. SCM Analysis This car, Lot 166, sold for $990,000, including buyer’s premium, at RM Auctions’ Amelia Island sale on March 10, 2012. This tiny British drophead is certainly exquisite — and has the chops to back up those unsurpassed looks. In handling and braking, Squires were far superior to the opposition — even compared with Bugatti and Alfa — and they were faster and better handling than most pre-war race cars. They had better brakes than many cars well into the 1950s and 1960s. Adrian Squire understood that a stiff chassis would allow the sus- pension to do the work it was intended for, and that, by keeping the center of gravity as low as possible within the 104-inch wheelbase, roll and uncontrolled movement would be reduced, maximizing performance and handling without need for more horsepower. There were a few problems: The Squire-branded Anzani R1 DOHC motor tended to lift its head at first, and those marvelous brakes were by some accounts too powerful for the front springs. And there was the price — £1,095 ($5,370) — which was a lot of money in 1935. At its launch, the Squire was the most expensive sports car in Britain, costing about twice as much as a 2-Liter Aston Martin. Three of the original seven Squires were bodied as Vanden Plas roadsters, and they have been called the most attractive British two-seaters ever built. Our subject car, one of the three “continuation” cars, was the only Corsica-bodied car. But it has been chopped. Pat Hart was convinced that the body had been intended for another chassis, since it seemed uncomfortable on the Squire — and this is quite possible, given the diversity of Corsica’s work. Many body modifications The hood sat high, hiding the top of the radiator shell, so to correct the propor- tions, Hart had Vogelsang section the body by two inches. This uncovered the radiator shell but required modifications to the trunk area to match, so apparently Hart told Vogelsang to “take a couple of darts out of it.” This whole process sat the beltline lower and smoothed out the trunk’s steep “tumblehome.” To match these alterations, a new top and veed windshield were required, and sculpted skirts were added to the rear fenders. Ulp. Let all that sink in. This is one man’s interpretation of how the best Squire could have looked… using as a donor one of the few real ones, which still had its correct, Roots-blown, 1,496-cc Anzani R1 motor producing 110 horsepower and ENV preselector transmission. However beautiful, its body is not anything Adrian Squire designed, sourced or approved. Strictly speaking, then, this isn’t a “real” Squire — at least, not above the chassis; it’s a continuation build on an unfinished car, probably with the wrong body intended for another car — one that has since been modified. Hart and company have lavished their care and vi- sion on producing an achingly beautiful motor car — a true work of art — and possibly Adrian Squire would have approved, as it certainly sounds as if it is an improvement upon the original. But Squire didn’t build it (his old crew did) and is no longer able to voice an opinion on someone else’s fantasy residing under his name. Extrapolating from there — and factoring in English reserve and all that — the whole plot might therefore be seen as a step too far. If the body looked awkward, perhaps the best option might have been to reclothe this real chassis in Vanden Plas style like its predecessors, such as the previously “missing” X-103? It happens to lots of Bentleys and nobody seems to mind. And, rather than impose a revised style on what left Remenham Hill, why not just build a complete new interpretation of what a new Squire might have looked like? Few cars, fewer sales The last Squire to sell at auction was X-103, in 2001, selling (to England) for $145,000 at the Bonhams & Brooks Quail Lodge sale on August 18, 2001 (SCM# 23238). That “missing Squire” (it had been out of circulation for 25 years and was eventually disinterred as a barn find) had the wrong engine — a Salmson 1.5-liter unit — but it sold $100,000 over estimate. The Symbolic Motor Company of La Jolla, CA, of- fered our subject car for sale in 2010 for $995,000, and it sold very quickly for “a little bit less,” according to Symbolic’s Bill Noon, who added, “It took the better part of 10 years to pry the Squire away from the Hart estate. Hands-down, one of the most amazing and beautiful machines I have ever encountered, and the most incredible driving and handling vehicle I have ever driven.” Even though the sale price looks huge, the seller is likely slightly behind or just about even after paying for that engine work. But he does have all those trophies to show for it — which at this level of collecting and to this level of collector is surely what matters. But what of the old trooper that won them? This car is glamorous, beautiful and rare; but, for me, the way it has been arrived at puts it in Nowheresville — a fascinating glimpse of what might have been. At least two people — the last two buyers — agree on the price. And a derelict original is rumored to have sold for big money at the Paris Rétromobile sale two years ago. Will the real Squires please stand up? ♦ (Introductory description courtesy of RM Auctions.) SCM Digital Bonus. Additional images and more... June 2012 47

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English Profile The Cumberford Perspective Kool Kustom Klassic By Robert Cumberford 6 I was astonished to see this car for the first time at The Quail a few years ago, not understanding how I’d managed to miss ever seeing even one picture. Thanks to Paul Hardiman, I now know why: it didn’t exist to be photographed. It’s a fake. A lovely fake, to be sure, and an expensive one. But fake. Is this the future of the hobby? Take a (mostly) real chassis and then construct something that embodies current appreciations of past design themes? We all know that many classics have been “temporally tuned” in restoration shops with a few degrees more windshield rake, softer curves, different leathers and woods… I lament that it happens, even as I acknowledge that some results, like this, are beautiful. But as much as I admired this machine when I first saw it, I would no longer want to own it, as I have wanted to own a “real” Squire since seeing my first 56 years ago. The Adrian Squire-approved Vanden Plas roadster design is the right one for his ambitious chassis, better fixed in its epoch than is this handsome — but fake — pastiche. It’s good that the car exists, and it is better-looking than when first cobbled together from spares in the 1930s, but all the same, the collector world deserves better. ♦ 7 10 1 4 3 2 5 FRONT 3/4 VIEW 1 It took a lot of fancy little tub- ing pieces to adequately support the headlamps, and one suspects they still bounced and trembled at night and at speed. 2 The sheet metal in the front fenders looks extremely heavy and awkward compared with the flowing lines of the Vanden Plas versions. 3 A nice bit of trompe l’oeil is hiding the upper door hinge point inside the chrome decorative spear. The lower hinge is external but fairly unobtrusive. 4 All the curve in the spear takes place on the surface of the door, which simplified its construction and gives a nice profile. 5 The cover for the dynamostarter unit leaves a pair of natural channels between it and the chassis dumb-irons, which is a perfect place to put fog lights. 6 The Squire radiator shell is simple —classical yet distinctive — and not exactly like anything else on the road. Creating it probably took a great deal of Adrian Squire’s time. REAR 3/4 VIEW 7 The cloth top is unfortunate, not adapting well to the V-shaped windshield, but the top-down profile is elegantly graceful, despite the visual weight of the rear skirts. 8 The body sweeping upward with the chassis frame is dynamic and elegant — as well as practical for body construction. 9 Skirt makes the car look heavy, but it is nicely detailed, with a subtle roll-under to match the rear fender’s teardrop form. 10 Simple rectangularity of the rear lid is typically British, detracting from the tapering flare of the front portion of the body. 11 Sharp fin effect at the rear of the fenders is quite nice, but could have been enhanced with more imaginative handling of the rear body surfaces. 12 The bottom edge of the front fenders is about at wheel center height, so with the rising chassis, the effect is a heavy, tail-down look, nothing like the “true” Squires. INTERIOR VIEW (see previous page) I have some doubts about its authenticity, but the door panel is a pure expression of the Art Deco design ethos that reigned at the time the car was first assembled. No one can doubt the sprung11 rim four-spoke steering wheel’s authenticity, de rigueur for British Brooklands racers and thus a potent symbol for all sporting road cars. The seats are definitely period: flat, thin, doubtless quite uncomfortable over any distance, devoid of any ergonomic awareness. But they are elegant all the same. 8 12 48 9 Sports Car Market

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Etceterini & Friends Profile 1953 Fiat 8V Zagato It was a thrilling drive, with lots of power, superb handling from a fully sorted suspension and a confidence-inspiring gearbox by Donald Osborne Details Years produced: 1953–55 Number produced: 30 (114 total 8Vs) Original list price: $4,000–$6,000 Current SCM Valuation: $600,000– $1,000,000 (with Zagato coachwork) Tune-up cost: $600–$800 Distributor caps: $875 Chassis #: Stamped on firewall and on chassis plate Engine #: Stamped on cylinder block, distributor side on boss Club info: None Alternatives: 1954 Maserati A6G2000 coupe, 1953 Siata 208 CS, 1955 Alfa Romeo 1900SZ Chassis number: 106000065 Engine number: 104000000116 A ccording to Fiat factory records, this 8V, chassis 106000065, was completed on October 6, 1953, and it was delivered to the famed Milanese coachbuilder Zagato as a bare chassis. As a first-series 8VZ, the car features clean, unclut- tered lines and the rare, flat dashboard used only on the earliest examples. Originally finished in white, the completed Zagato-bodied Fiat has the distinction of being the only right-hand-drive 8V ever built. Originally registered in Milan in March 1955, it was often seen competing in the most prominent Italian races and hillclimbs. The first competition outing for the 8VZ took place on June 29, 1955, at the Trieste-Opicina Hillclimb, where Ottavio Guarducci managed to finish in 6th place. On July 10, the pair made an appearance at the IX Coppa d’Oro delle Dolomiti and once again, Guarducci and the 8V delivered a respectable 6th in class result. On September 11, Guarducci entered the 8VZ in the VII Coppa Intereuropa at Monza, a race that featured a competitive field of the latest European GTs. Wearing race number 96, Guarducci’s Fiat gave a brilliant performance that culminated in an outright victory. In so doing, the white 8VZ vanquished a grid that consisted of Maserati A6G/54 Zagatos, 300SL Gullwings, Porsche Carreras and almost a dozen Fiats. On September 2, 1956, Guarducci again campaigned the 8VZ, returning to Monza for the running of the VIII Coppa Intereuropa. Battling Ferrari 250s, MercedesBenz 300SLs and a number of 8VZs through difficult, rainy conditions, Guarducci came across the finish line 9th overall and 5th in class. The 8VZ retired from racing and was sold to its second owner in December 1957 — Alessandro Cantoni, residing in the Piacenza province of Italy. The car is believed to have remained in Italy until the 50 late 1980s, when it was acquired by Andrea Zagato, the grandson of famed Milanese coachbuilder Ugo Zagato and the current CEO of the company. He commissioned a thorough restoration overseen by him personally, during which parts of the alloy coachwork were replaced employing the methods and materials that were used by the same firm several decades earlier. Following its restoration, Andrea Zagato drove the 8VZ in the 1991 and 1992 Mille Miglia Storicas. The car was later sold to a collector in Holland, and it then went to an Italian enthusiast about five years ago. In May 2007, a FIVA identity card was issued for the 8VZ, category A3 for original cars restored to original specification. With this classification, this 8VZ is eligible for some of the most stringent international events including the Mille Miglia Storica, where it was last entered in 2011, and Concorso Villa d’Este. The new owner is sure to be rewarded with a wonderful sports car that can be enjoyed for years to come, while offering the ideal foundation for an exacting, show-quality restoration. SCM Analysis This car sold for $750,000, including buyer’s premium, at the Gooding & Company Amelia Island, FL, auction on March 9, 2012. One of the reasons the Zagato company had such a long and storied reign designing and building bodies for racing cars is a simple one: Founder Ugo Zagato and his heirs and successors truly understood racing. The lessons Ugo brought from airplane construction were incorporated into his designs, and the time that his son Elio spent competing in the 1940s and ’50s corresponded with the creation some of the most successful cars in the company’s history. Sitting behind the wheel on a starting grid or at the base of a hillclimb will focus your thoughts on what it 1953 Fiat 8V Series II Lot 23, s/n 000086 Condition 2 Sold at $400,000 Gooding & Co., Pebble Beach, CA, 8/14/10 SCM# 165698 SCM Investment Grade: A Comps 1953 Fiat 8V Elaborata Lot 127, s/n 106000022 Condition 2+ Sold at $1,127,500 Gooding & Co., Pebble Beach, CA, 8/21/11 SCM# 183159 1953 Fiat 8V Supersonic Lot 157, s/n 106000035 Condition 3+ Sold at $1,705,000 Gooding & Co., Scottsdale, AZ, 1/21/11 SCM# 168708 Sports Car Market Copyright and courtesy of Mathieu Heurtault

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SCM Digital Bonus takes to finish in front in a way like no other. For the Zagato family, the need for light weight, comfort, strength and fuel economy weren’t theoretical concepts to be worked out on paper, or left to chance on the altar of style for its own sake. The time Elio Zagato spent competing in the 1950s corresponded with the cre- ation some of the most successful cars in the company’s history. Perhaps it is one of the reasons that some Zagato designs don’t have the pure beauty of the best of Pininfarina, Bertone or some Vignale creations. But down to the 30 Zagato-bodied examples, which performed so much better than the factory-bodied cars. Improved performance and comfort With its great history in period competition, the 8V Zagato is, of course, welcome at all the highest-level vintage race, rally and tour events. It was launched with a power output of 105 horsepower, which grew to 115 horsepower and then to an ultimate-spec 125 horsepower for the dual carb version. Today’s cars can produce up to 160 horsepower and turn nearly 7,000 rpm with- out the connecting rods making a break for freedom — thanks to advances in engine technology that have all but eliminated the oil supply problems that the 2-liter V8 suffered in period. When fully finished inside, these cars are also comfortable places to spend hours at a time. The sport seats that Zagato designed and built in the 1950s are arguably the most supportive and advanced of their time. Zagato provenance This 8V Zagato was interesting in two important ways. First, as the only right- hand-drive example built, and second, Andrea Zagato restored the car at the Zagato factory for his own use in vintage rallying. The first point makes one wonder why it was built and for whom, as history records that a year and five months went by from the time the chassis was delivered to Zagato to when the first owner registered the car. It seems as if no one actually wanted an RHD 8V Zagato. The second point emphasizes that cars restored at the factory are often sought after, even if, as in this case, the factory has very little connective history with the original build. Anyone who took a look at this car during the preview may have been surprised at the overall level of the restoration, which was not done to international concours standards by any means. Even allowing for the passage of 22 years since the completion of work, the orange peel in the paint, the casual fit of the interior windshield frame, some pitting and dullness in the alloy trim and incorrect black finishing on the air cleaner could lead one to believe that this was not expert work. But to reach such a conclusion would be to entirely miss the point of the restoration. From the braided hoses and auxiliary electric radiator fan under the hood to the Dymo tape labels for the anonymous dash switches, it’s clear that this Fiat was restored to do what it was built to do — run. As was the case with the recent profile I wrote on the Lancia Aurelia B24 convertible from Gooding’s Scottsdale sale (April 2012, p. 54), I had the great fortune to drive this particular 8V in my duties as co-host, with Publisher Martin, of Velocity TV’s “What’s My Car Worth,” for an episode shot at the Gooding Amelia Island sale. It was a thrilling drive, with lots of power, superb handling from a fully sorted suspension, and a confidence-inspiring gearbox with a very positive action. Cosmetically, it was probably still finished a bit better than it was when it first left the Zagato factory but had the proper feel of a car meant to lead a working life. This car was not the automotive equivalent of a fluffy kitten on a feather pillow, which is so often the case with restored cars. The presence of the original V8 engine — not to be taken for granted on one of these cars — is an added bonus. Try to find another one There was a time in the past few years when the ask/buy ratio for the 8V Zagato had reached a bit of a stalemate. Sellers were trying for $795k–$950k, and buyers were stopping in the $550k–$600k range — with the inevitable result of no sale. This car, with an estimate of $750k–$900k, didn’t meet reserve at a high bid of $700k when it drove across the block. A bit later in the day, Gooding announced that a deal had been struck, and the price reported, $750,000 including buyer’s premium, seems to indicate that compromises were made to move it along. As it is, I think the result was certainly fair to both sides — the seller realized a reasonable number and the buyer obtained a terrific, usable car with few, if any, immediate needs. I think in a very short time this will prove to be well bought, as these cars still represent outstanding value compared with the Maseratis and Ferraris they raced against in period. With the good early history, Andrea Zagato prove- nance and working restoration, this car would be tough to replicate in the market. For a serious driver, the RHD isn’t a real impediment, especially with the quality of the gearbox, but its rarity is not a value enhancer, either. I also add a wish that this car is well used and lov- ingly maintained for years to come and doesn’t fall victim to a precious, soul-sapping restoration that destroys the very essence of this Fiat. ♦ (Introductory description courtesy of Gooding & Company.) SCM Digital Bonus. Additional images and more... June 2012 51 the competition record of Zagato-bodied Fiats, Alfa Romeos and Lancias expresses more dramatically the proof of the form meeting the need of function quite well. That the Fiat 8V has such an excellent competition record can largely be put

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German Profile The Drendel Collection The results of the Drendel Collection’s sale showed a rising tide for collectible Porsche race cars by Prescott Kelly A 52 t the March 9 Gooding & Company Auction on Amelia Island, FL, the Drendel Family Collection sold 16 Porsches — 12 of them historically significant cars. Matt Drendel, who was only 35 years old when he died in November 2010, created the collection. The sole child of a prominent Hickory, NC, family, Drendel spent a substantial part of his life with cars, especially Porsches. Starting in 2001, it took him less than 10 years to build the finest collection of turbocharged racing Porsches in the United States — perhaps the world. When his family dispersed the cars though David Gooding’s Amelia Island auc- tion, all but one sold, and many of the cars achieved world record prices. The results proved Drendel’s collecting philosophy — and also highlighted the rising tide for prices of collectible Porsche race cars. The start of a Porsche passion Drendel’s initial interest was in racing. He started out in a Ferrari Challenge 355, competing for a couple of years with some success but also some frustration. Matt decided to go in a different direction, and that led him to the Scrogham family’s race team at G&W Motorsport. In 2001, G&Ws’ Porsche 911 GT3R won the Rolex GT Championship. Darren Law was the team’s primary driver, while Drendel joined the team for endurance races at Daytona, Sebring, and Watkins Glen. Racing Porsches increased Drendel’s interest in the marque. He read a lot about Porsche’s history and came to especially appreciate the heritage of Porsche’s turbocharged race cars. Acquiring those cars became the focus of the Drendel Family Collection. Matt founded Heritage Motorwerks, a Porsche shop that maintained the collection’s cars and worked for outside customers. The core of the collection, nine cars strong, was kept in storage at his father’s house, where cars were moved in and out with an elevator from a ground-level garage. Selling a significant collection Almost a year after Drendel’s death, his family chose 15 Porsches and put them on the market with a firm price of $15,500,000. The family’s advisers quietly let selected collectors know of the collection’s availabil- Sports Car Market Pawel Litwinski, courtesy of Gooding & Company

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SCM Digital Bonus 1973 Porsche 917/30 ity in October. Despite a desire to keep the sale quiet, the Drendel cars instantly became a popular topic on Porsche-related blogs and discussion boards. The family let it be known that the proceeds would be put into a trust for Matt’s two young children. The Drendels received several offers, but they were short of the full asking price. At the end of January 2012, Matt’s father, Frank Drendel, made the decision to commit the cars to Gooding & Company. With an Amelia Island auction date on March 9, Gooding had to research the cars, produce a catalog, and promote the collection in a very short time. Some wags doubted it could work; some doubted Amelia was the “right place,” compared with, say, Monterey in August; and many doubted that $15,500,000 was in the offing. The doubters were wrong. Frank Drendel and Gooding pulled it off. The roster of cars at the auction differed slightly from the ones that initially had been offered for sale. The Drendels withdrew two less-significant cars and added four of Matt’s street and track cars. But the stars of the collection — the famous and desirable turbocharged Porsche race cars — were all there. When the last car in the Drendel Collection was hammered sold, $16,109,000 had been realized for their family trust. The post-auction buzz was intense, and opinions were rampant that significant Porsche race cars were in ascendancy or, contrastingly, that fortuitous lightning struck Amelia Island that Friday afternoon. Your reporter is in the former camp. Astute collectors and investors foresee infla- tion as the world’s economies work to inflate their way to reduced debt. At the same time, returns on many traditional investments are at low ebb. In such a world, acquiring prime race cars can be part of a diversified investment strategy, and you can enjoy the cars in so many additional ways. Some established collectors who bought Drendel cars must agree. Among the known buyers are Jerry Seinfeld — who bought two of the most significant cars — and Craig McCaw, Jim Edwards and Alan Benjamin. Now, let’s take a look at three of the most important cars. 1973 Porsche 917/30 This car, chassis number 91730004, Lot 57, sold for $4,400,000. The car is one of the most powerful Porsches of all time. This 917/30 is almost identical to the ones that Mark Donohue drove to a Can-Am series championship in 1973 and to a world-record land speed record for a closed course at Talladega in 1975. Depending on preparation and boost, these cars produced 1,000–1,500 horsepower. Serial number 004 was never raced by the factory. Details It was a leftover car when the Can-Am series changed direction for the 1974 season. The car was sold to Australian Porsche importer and gentleman racer Alan Hamilton. When Porsche acquired Hamilton’s company in 1991, this car returned to the factory and was sold to David Morse of Saratoga, CA, in early 1994. Dave had his race shop, Morspeed in Campbell, CA, meticulously restore the car. He began to vintage race the car in 1998 at the Monterey Historics. When Morse’s collection was dispersed, Matt Drendel bought 91730004 in 2001. Our subject car was assembled at the Porsche Factory. That gives it a leg up on Years built: 1972 for 1973 race season Number built: Three race cars; one leftover; two later built from parts Original price: N/A Current SCM Valuation: $3,000,000 to $5,000,000 Chassis #: Stamped on plate welded to chassis cross tube at rear of engine Engine #: Stamped on case half Club: Porsche Club of America More: www.pca.org Alternatives: Shadow DN2, McLaren M8F or M20, Ferrari 312P SCM Investment Grade: A the two other cars that still exist, 005 and 006, which were assembled “after the day” from parts. Jerry Seinfeld, represented at the auction by Sam Cabiglio, bought the car. It was a public sale high-water mark for any 917, eclipsing the Mike Amalfitano 917 Inter-Serie Spyder sold at Bonhams’ Monterey auction in August 2010 (SCM November 2010, p. 40). However, it is reported on excellent authority that at least one private sale of a Gulf-Wyer 917K has surpassed $5 million. 1976 Porsche 935/76 This Porsche, Lot 47, sold for $2,530,000. Throughout 2001, Matt Drendel continued to buy notable cars. A Porsche 959S, the rare performance iteration of Porsche’s super street car, was next, followed closely by Dave Morse’s 934, itself a gorgeously restored race car with a long history. Matt also bought the Budweiser 935 from a Californian, a car he would sell in 2005, initiating a hunt for another example. SCM Digital Bonus. Additional images and more... June 2012 53

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German Profile 1976 Porsche 935/76 Our subject car, serial number 9305700001, is also known as 935001 and also by the factory R&D designation R14. This prototype 935 was the Porsche factory’s backup and training car for the early portion of the 1976 World Championship. It was pressed into service for the Six Hours of Watkins Glen (where it placed 1st overall with Stommelen and Schurti) and then the 1000 Kilometers of Dijon (3rd place), helping Porsche win the Group 5 World Championship for Makes. When the Factory moved to successor models, Details Years built: 1975 for the 1976 race season Number built: Three factory cars; one Kremer-built, factory-supported car Original price: N/A Porsche sold 935001 to Vasek Polak. Polak built a legendary collection of cars, kept in racks at the back of his race shop southwest of Los Angeles. Polak died in 1997 as the result of an autobahn accident. When his collection was sold off in 1999 to benefit the family cancer foundation, John Kott acquired this 935. Matt Drendel bought the car in 2009. At Amelia Island, 935001 hammered sold at $2.3 million, or $2.53 million after Current SCM Valuation: $2,000,000 Chassis #: Stamping in front trunk; tag on driver’s side inner front fender Engine #: Stamping on case half at rear of engine, passenger’s side Club: Porsche Club of America More: www.pca.org Alternatives: Porsche RSR, Porsche 934, BMW CSL SCM Investment Grade: A buyer’s commission. Although in unrestored condition, it was fairly bought, again by Seinfeld. 1974 Porsche 911 Carrera RSR Turbo 2.14 This Porsche, Lot 55, sold for $3,245,000 In 2003, Drendel bought one of the “Baby Turbos,” serial number 9114609016, also known by its internal designation R9, the second produced of four such cars. The Baby Turbos adapted the 917/10-917/30 turbo technology to the 911 racing tub. They were the test-bed transition cars between the RSR and the 934/935, and also claim some credit for the development of the road-going 930 Turbo introduced in 1975. With Martini & Rossi sponsorship, Porsche decided to enter the Baby Turbos into the Group 5 World Championship. Under that 3-liter formula, a turbo factor of 1.4 dictated displacement of 2,141 cc, and this led to the car’s nickname, “Baby.” To take full advantage of the increased power, Porsche extensively developed the 1974 Porsche 911 Carrera RSR Turbo 2.14 former RSR body with more aerodynamic aids, including a huge rear wing that was painted black to reduce its prominence. Porsche first tested R9 in January 1974, and then entered it in the Le Mans trials in March. In April and May, it was the test car for the 1,000-km races at Monza and Spa. It was entered in Nürburgring and finished 7th overall. It was a DNF at Imola and then finished 6th overall at Osterreichring. Another Baby Turbo finished second at Le Mans behind a Matra prototype. At the end of the season, Porsche refurbished the car and sold it to Dr. Bill Jackson of Denver, an early but low-profile collector of significant Porsches. Typical for “Dr. Bill,” he kept the car for 25 years, until 1999. Matt Drendel acquired it in 2003. Unusually, the car was never restored, and at Amelia it was sold in well-worn, as-raced condition. Gooding pulled a fulsome $2,950,000 for the car, representing $3,245,000 after buyer’s premium. Given its pivotal status in Porsche’s transition to turbocharged racing cars, and its scarcity as one of four made and one of only two in private hands, this car would have been well bought at almost any price. ♦ Details Years built: 1973 for 1974 race season Number built: Four Original price: N/A, factory team cars Current SCM Valuation: $3,000,000 Chassis #: Tag on inner front fender Engine #: Stamping on case half at rear of engine, passenger’s side Club: Porsche Club of America More: www.pca.org Alternatives: Porsche RSR, BMW CSL, Alfa Romeo 33TT, Matra-Simca 670 C SCM Investment Grade: A 54 Sports Car Market

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American Car Collector Profile 1955 Chrysler C-300 If the car remains in stellar condition and shows strength at shows, the buyer should see appreciation by Dale Novak Details Year produced: 1955 Number produced: 1,725 Original list price: $4,110 Current SCM Valuation: $40,000–$70,000 Tune-up cost: $300 Distributor cap: $25 Chassis #: Driver’s side front door jamb Engine #: Top of block near the water pump centered between the two heads Club: chrysler300clubinc.com More: www.chrysler300club.com Alternatives: 1959 Chevrolet Impala Fuelie convertible, 1958 Imperial Crown convertible, 1962 Pontiac Catalina Super Duty SCM Investment Grade: C Comps Chassis number: 3N552584 W hile the Chrysler 300 is widely recognized as America’s first true muscle car, it was also a refined full-size automobile with abundant luxury features. Its dual-quad 331-ci Hemi V8 delivered 300 horse- power and was the most powerful engine available to the public since the supercharged Duesenberg Model SJ. Finished in Tango Red with a luxurious tan leather interior, this C-300 has been the subject of numerous magazine articles, and it has been a consistent and proven show winner at every major show it has entered. Accolades include the Amelia Award at the 2009 Amelia Island Concours d’Elegance, AACA Senior Grand National honors (2008), and Best in Class at Greenwich, Hilton Head, Meadow Brook and the New England Concours. Recently detailed, this impressive C-300 is one of the finest of its kind, and it remains a great example of Chrysler’s famed “letter cars.” SCM Analysis This car, Lot S119, sold for $126,500, including buyer’s premium, at RM Auctions’ Amelia Island sale in Amelia Island, FL, on March 10, 2012. Stunning to look at, beautiful to the core and coupled with wildly passionate horsepower, the Chrysler C-300 would change automotive history. These magnificent machines, sculpted by Virgil Exner as part of his “Forward Look” styling brand, would come to be known as the Banker’s Hot Rod, thanks to the 300-horse 56 Hemi paired with the relatively high entrance fee of $4,110, which was a hefty sum in 1955. Still, well-groomed men gladly forked over their cash for the car with country club looks — and the power to flat-out light up the rear tires if one so elegantly chose to do so. Think of it this way: If the C-300 were a lawyer, it would be a well-groomed, impeccably dressed, perfectly eloquent and well-mannered person — albeit one who would tear you apart in court. The car was powered by Chrysler’s legendary hemi- spherical head engine, which was introduced in 1951. By 1955, the “Hemi” was a technological high-water mark for per-cubic-inch V8 horsepower. The 331-ci iron motivator powered the car forward with authority. The engine package, which consisted of two 4-barrel Carter carburetors, a solid-lifter camshaft and larger exhaust, produced 300 horsepower, and it was the first American production engine to do so — a remarkable achievement in 1955. The first muscle car Some car addicts consider the 1955 C-300 as the first true entry into the muscle car wars, which were really a marketing race in which higher horsepower led to higher sales. While a fast car always got the attention of horsepower-hungry, red-blooded, all-American males, most cars that displayed a sporty exterior didn’t offer all that much in the way of performance. 1957 Chrysler 300C Lot 363, s/n 3N573518 Condition 2Sold at $111,150 Bonhams, Greenwich, CT, 6/5/11 SCM# 182278 1955 Chevrolet Bel Air Lot 125, s/n VC55J112495 Condition 1 Sold at $76,050 Bonhams, Portland, OR, 6/11/11 SCM# 179528 1957 Chrysler 300C Lot 198, s/n 3N571953 Condition 2+ Sold at $93,500 RM Auctions, Amelia Island, FL, 3/13/10 SCM# 159980 Sports Car Market Courtesy of RM Auctions

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SCM Digital Bonus Chevrolet debuted their 265-ci V8 engine in 1955, which was an- other milestone, but to say they would be playing catch-up would be quite the understatement. Both Ford and Chevrolet introduced some cool new models, such as the Thunderbird and the newly designed Bel Air, but nothing got guys more fired up than discovering the all new C-300 sitting on showroom floors. Gearheads flocked to the showroom to see it, hear it and learn more about the 300-horse Hemi under the hood. Had the car been more affordable, it might be as common today as a 1955 Shoebox Chevy (which comparatively listed at about $2,000 for the Bel Air trim level). Still, the car was impressive and arguably sparked the boardroom discussion about unconventional horsepower in a full- to mid-size automobile — and perhaps inspired the concept of the modern muscle car. Learning our ABCs From a marketing standpoint, this beautiful brute would brand the horsepower output to the machine, hence the name, the C-300. The name resonated well with the public, as it was pure, easy to remember and reinforced the 300 ponies under the hood. As the model continued in subsequent years, the horsepower grew but the name 300 stuck, with later years using different letters to differentiate the model. In 1956, it would be known as the 300B and in 1957 the 300C, a simple-to-follow nomenclature. These series of 300s, which continued from 1955 to 1965, would become known at the “Letter Cars.” Plenty of Mopar collectors and enthusiasts yearn to house one of each in a tidy collection. Other years followed, but most enthusiasts consider the 1965 model as the end of the Letter Series cars. Today, the first four years — 1955–58 — are considered the most sought-after ex- amples because of the muscular Hemi V8. While horsepower ratings remained high throughout the series, there’s something about having a Hemi under the hood that melts your ice cream. A glorious example Our subject car is simply stunning. The list of accolades and prizes bestowed on chassis number 3N552584 is long and with considerable merit. The car carries a laundry list of high achievement that reads like the Oscars for automobiles. Amelia Island 2009, AACA Grand National Honors 2008, Best in Class at Greenwich, Hilton Head, Meadow Brook and the New England Concours. Further, we see a gorgeous C-300 that is finished in Tango Red over tan leather, one of the best color combinations. The restoration work is simply stunning. The craftsmanship and attention to detail displayed here are world-class. In a nutshell, it’s one of the best C-300s on the planet. The market speaks with clarity Our subject car was last seen at the RM Auctions sale in Rochester, MI, on August 1, 2009 (SCM# 142167). At that auction, the car was reported to be in 1- condition and was a no-sale with a high bid of $106,000. At Amelia Island, the car sold for $126,500, including the buyer’s premium. According to the SCM Pocket Price Guide, we can see a buy/sell range of $40,000– $70,000. The guide tracks valuations for a typical 2 condition car. The range of prices is designed to show what you might target as a buy-in amount and what you might suggest as a proper selling value. Plus, the range is based on a 2- up through a 2+, so that allows us to project a range — much like an auction house does with their pre-sale estimates. Digging deeper, we ventured into the SCM Platinum database and located a few good comparables we could use as foundations for our research. First up, a 1957 Chrysler 300C Sport, Lot 198, sold for $93,500 at the RM Auctions sale in Amelia Island, on March 13, 2010 (SCM# 159980). The car was reported to be in 2+ condition. Up next, we find Lot 363, a 1955 C-300 that sold for $84,800 at the Mecum Auction sale in Indianapolis, IN, on May 17, 2011 (SCM# 181041). Finally, another 1957 coupe, Lot 363, a 1957 300C that sold for $111,150 at the Bonhams sale in Greenwich, CT, on June 5, 2011 (SCM# 182278). This car was reported to be in 2- condition. Our three comparison cars give us an average sale amount of $96,483 for a very nice 300 coupe that would grade in the 2 range. Our subject car appears to be in very fine condition, most likely remaining in the 1- category. Given that fact — plus the national provenance of awards from prestigious events — we need to factor in some additional value, perhaps in this case, at least 25%. This brings us to a fair market valuation of $120,603. The 1955 C-300 models carry the most weight and value with collectors. This is not a cursory opinion. Most price guides, including SCM’s, show a gap of approximately $5,000 for the 1956 cars and $10,000 for the 1957 cars. That said, we can easily add to our fair-market valuation an additional $7,500 for the bump in value for a well-sorted 1955 C-300, which fits this car perfectly. This takes our final appraisal number to $128,103. So, we can see that this was a fair deal for both the buyer and seller. Provided that the car remains in stellar condition and continues to show strength at various shows, the buyer should continue to see appreciation. However, if the new owner wants to see whether the car can live up to the claim that it’s the fastest American production car built in 1955, this Chrysler might slide in value, but it would more than make up for that paper loss with sheer enjoyment. As a side note, perhaps it’s time to move these Letter Cars up a letter grade in the SCM Pocket Price Guide. I would suggest a “B” rating for the 1955–58 cars. ♦ (Introductory description courtesy of RM Auctions.) SCM Digital Bonus. Additional images and more... June 2012 57

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Race Car Profile 1984 Porsche 962 The “real” car sold for effectively a million dollars more than its weapons-grade twin by Thor Thorson Details Years built: 956 — 1982–85; 962 — 1984–91 Number built: 956 — 27; 962 — 91 Non-Porsche-chassis cars: About 35 Original list price:$250,000 Current SCM Valuation: $900,000– $1,500,000 Cost per hour to race: $2,000 Chassis #:Inside cockpit on rear bulkhead Engine #: Fan housing support, right side Club: Porsche 962 Registry More: 962.com Alternatives: Jaguar XJR 5-8, Nissan GTP, Lancia LC-2 Comps Chassis number: 962103 T his Porsche, 962103, better known as the Holbert Racing Löwenbraü Special, is widely considered to be the most successful and recognizable 962. Built by Porsche AG in spring 1984, 962103 was the third customer car completed at the racing department in Weissach. Intended to compete in the IMSA GT Championship, 962103 was originally delivered to Holbert Racing, an American outfit with long-standing ties to the German marque. Twenty-five years have passed since 962103 last raced, yet the original Holbert Racing Löwenbraü Special remains one of the most recognizable racing Porsches of all time. Despite being one of the first 962s built at Weissach, 962103 remained competitive throughout four IMSA GT Championship seasons, winning four races in 1984, five in 1985, four in 1986 and two in 1987, for a total of 15 overall victories. This record is a testament to the longevity of Porsche’s engineering and the incomparable talents of Holbert racing. While accumulating more than 14,000 race and test miles, 962103 contributed to three IMSA Driver’s Championships, captured back-to-back victories at the 24 hours of Daytona, became the most winning IMSA GT chassis, and helped Porsche regain a position of dominance in American sports car racing. Beyond its outstanding racing achievements, 962103 remained in the care of the Holbert family for more than two decades before joining the finest private collection of turbocharged Porsches ever assembled. Its provenance is unquestioned and its pedigree is second to none. SCM Analysis This car, Lot 53, sold for $1,925,000, including buyer’s premium, at the Gooding & Company Amelia Island auction on March 9, 2012. Auctions are an imprecise business. The perceived value of any given car as it passes across the block 58 is a function of tens if not hundreds of uncontrolled variables such as the underlying desirability of a car, the expected use, the enthusiasm of the crowd, and the number and aggressiveness of aspiring bidders. As a result, winning bids for similar cars can vary wildly from auction to auction and even hour to hour within a single sale. This is fabulous for pundits like me who get to speculate endlessly about why this or that car sold for what it did; and what factors likely weighed in the minds of the bidders. Once in a great while, though, we get the chance to watch what is effectively a controlled experiment: When two almost-identical cars (but with significant and defined variations) cross the block and sell at the same auction and almost the same time. We were treated to this at Amelia Island, where the subject car, arguably the most important and collectible 962 in the world, was sold just six lots before its sister car — identical down to the paint job but without the originality, history and provenance — went across the block. We thus have an opportunity to parse out how the market values collectibility vs. vintage racing “go drive it” values in a 962 — a car that can possess loads of both. First, we need to figure out the 956/962 series of Porsche racing c claim to be the m racing car design in history. The new design started when the FIA decided that it was time fo a major revisio the rules govern ing, beginning in decided that rathe 1983 Lancia LC-2 Group C Lot 60, s/n 002 Condition 2 Not sold at $875,000 Gooding & Co., Pebble Beach, CA, 8/14/10 SCM# 165717 1986 Porsche 962 Lot #453, s/n 962/121 Condition 1Sold at $810,000 Bonhams, Carmel, CA, 8/18/11 SCM# 183082 1982 Porsche 956 Group C Lot #261, s/n N/A Condition 2 Race Car e Car Profile 1984 Porsche 962 The “real” car sold for effec Car Profile 1984 Porsche 962 The “real” car sold for effectively a million dollars more than its weapons-grade twin by Thor Thorson Details Years built: 956 — 1982–85; 962 — 1984–91 Number built: 956 — 27; 962 — 91 Non-Porsche-chassis cars: About 35 Original list price:$250,000 Current SCM Valuation: $900,000– $1,500,000 Cost per hour to race: $2,000 Chassis #:Inside cockpit on rear bulkhead Engine #: Fan housing support, right side Club: Porsche 962 Registry More: 962.com Alternatives: Jaguar XJR 5-8, Nissan GTP, Lancia LC-2 Comps Chassis number: 962103 T his Porsche, 962103, better known as the Holbert Racing Löwenbraü Special, is widely considered to be the most successful and recognizable 962. Built by Porsche AG in spring 1984, 962103 was the third customer car completed at the racing depart- ment in Weissach. Intended to compete in the IMSA GT Championship, 962103 was originally delivered to Holbert Racing, an American outfit with long-standing ties to the German marque. Twenty-five years have passed since 962103 last raced, yet the original Holbert Racing Löwenbraü Special remains one of the most recognizable racing Porsches of all time. Despite being one of the first 962s built at Weissach, 962103 remained competitive throughout four IMSA GT Championship seasons, winning four races in 1984, five in 1985, four in 1986 and two in 1987, for a total of 15 overall victories. This record is a testament to the longevity of Porsche’s engi- neering and the incomparable talents of Holbert racing. While accumulating more than 14,000 race and test miles, 962103 contributed to three IMSA Driver’s Championships, captured back-to-back victories at the 24 hours of Daytona, became the most winning IMSA GT chassis, and helped Porsche regain a position of dominance in American sports car racing. Beyond its outstanding racing achievements, 962103 remained in the care of the Holbert family for more than two decades before joining the finest private collection of turbocharged Porsches ever assembled. Its provenance is unquestioned and its pedigree is second to none. SCM Analysis This car, Lot 53, sold for $1,925,000, including buyer’s premium, at the Gooding & Company Amelia Island auction on March 9, 2012. Auctions are an imprecise business. The perceived value of any given car as it passes across the block 58 is a function of tens if not hundreds of uncontrolled variables such as the underlying desirability of a car, the expected use, the enthusiasm of the crowd, and the number and aggressiveness of aspiring bidders. As a result, winning bids for similar cars can vary wildly from auction to auction and even hour to hour within a single sale. This is fabulous for pundits like me who get to speculate endlessly about why this or that car sold for what it did; and what factors likely weighed in the minds of the bidders. Once in a great while, though, we get the chance to watch what is effectively a controlled experiment: When two almost-identical cars (but with significant and de- fined variations) cross the block and sell at the same auction and almost the same time. We were treated to this at Amelia Island, where the subject car, arguably the most important and collectible 962 in the world, was sold just six lots before its sister car — identical down to the paint job but without the originality, history and provenance — went across the block. We thus have an opportunity to parse out how the market values collectibility vs. vintage racing “go drive it” values in a 962 — a car that can possess loads of both. First, we need to figure out the 956/962 series of Porsche racing c claim to be the m racing car design in history. The new design started when the FIA decided that it was time fo a major revisio the rules govern ing, beginning in decided that rathe 1983 Lancia LC-2 Group C Lot 60, s/n 002 Condition 2 Not sold at $875,000 Gooding & Co., Pebble Beach, CA, 8/14/10 SCM# 165717 1986 Porsche 962 Lot #453, s/n 962/121 Condition 1- Sold at $810,000 Bonhams, Carmel, CA, 8/18/11 SCM# 183082 1982 Porsche 956 Group C Lot #261, s/n N/A Condition 2 1985 1985 Porsche 962-HR1 Porsche 962 The “real” car sold for effectively a million dollars more than its weapons-grade twin by Thor Thorson Details Years built: 956 — 1982–85; 962 — 1984–91 Number built: 956 — 27; 962 — 91 Non-Porsche-chassis cars: About 35 Original list price:$250,000 Current SCM Valuation: $900,000– $1,500,000 Cost per hour to race: $2,000 Chassis #:Inside cockpit on rear bulkhead Engine #: Fan housing support, right side Club: Porsche 962 Registry More: 962.com A ©Mathieu Heurtault, courtesy of Gooding & Company

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SCM Digital Bonus displacement, weight, and the like, they would concentrate on fuel economy. Although there were a ton of design requirements, the basic control was that cars could carry no more than 100 liters (26 gallons) of fuel, and they couldn’t refuel more than once an hour. At contemporary racing speeds, this translated into requiring about 4.5 mpg consumption, so “economy” remained a relative term, but it was going to demand a completely different approach from the past. Porsche had spent the past number of years successfully cam- paigning the production-based 935 series — and a short-lived update of the old 908 design called the 936 — but it was time to start fresh, and the result was the 956. A winning design They started with an extremely compact aluminum monocoque tub (Porsche’s first) with an integral aluminum roll cage and a stressed engine/transaxle to carry the rear suspension. The driver was set forward to keep the weight centralized, with the driver’s feet well ahead of the front wheel centerline. To balance fuel economy with power, they chose the 2.6-liter flat six that they had developed for the stillborn Indy Car project: a twin-cam, twin-plug, four-valve design fitted with twin turbochargers. The body was an evolution from the 917 design, with very low drag and lots of downforce from both wings and tunnels. The resulting Porsche 956 was an extraordinarily successful car almost from the very beginning, taking 1-2-3 at Le Mans in 1982 and going on to dominate the FIA Championship for the next four years. In the United States, however, Porsche had a bit of a problem. A group called IMSA controlled professional American road racing, and they used rules that, though similar, differed in very substantial ways. The most consequential of the differences were that IMSA required the driver’s feet to be located behind the front axle line, the roll cage had to be made of steel, and twin-turbocharged, four-valve twin-plug engines were not allowed. IMSA used a weight-based formula that favored singleturbocharged, production-based engines. The American market was too important for Porsche to ignore, so they set about creating an IMSA-legal version of the 956, to be called the 962. The biggest issue was the “feet behind the front axle” rule, as the 956 tub was so small that (save finding dwarf drivers) there was simply no way to meet the rule. Porsche solved this by stretching the chassis (and the wheelbase) forward by five inches and incorporating a steel roll cage. The engine rules were really no problem at all because Porsche already had the two-valve, single-plug, single-turbocharged 935 engine. It was bigger and thirstier, but it fit the car, made plenty of horsepower, and met the rules. The overall length of the car remained the same as the 956, so the most evident visual clues identifying the 962 are the longer panel between the doors and the front wheelarch, a correspondingly shorter, more abrupt nose, and a hump at the back to clear the turbocharger, which was mounted above and behind the engine instead of to either side , as it is on the 956. The exhaust dumped out the sides of the 956 but came out the back of the 962. The first cars were delivered in the spring of 1984 and immediately took over the entire IMSA series — to the extent that for several years there was virtually nothing else even entered. If you wanted to be anything but a backmarker, you went to Porsche and bought a 962. Lots of non-original chassis Success has its consequences, though, and Porsche found itself struggling with more demand than they had resources, as the existing cars got used up and crashed, which required parts. The monocoque chassis were a particular problem, as they got soft and flexible over time and abuse, and they needed to be replaced. The result was the creation of a number of aftermarket, non-Porsche chassis that ranged from close-to-original versions on to carboncomposite and honeycomb units. These creations replaced broken original chassis, and they were frequently the base for entirely new cars. Porsche didn’t seem to mind; they were happy to sell the other components to whoever wanted to buy them and keep the 962s dominant, with the result that many cars ended up with non-Porsche chassis. All this brings us back to our original thesis. Race provenance trumps weapons-grade Our subject car, 962103, was one of the first cars built in Weissach, and it was delivered to a top team where it ran everything — and won almost everything — for years before being honorably put away when it got too tired. The second car at Gooding’s Amelia Island auction — 962HR1 — was built from parts in the United States on a non-Porsche chassis. This car was essentially built to supplement — and then replace — its predecessor, 962103. As a later, improved version, 962HR1 is probably a bit faster; it ran as the Löwenbraü Special, had its own share of success, and is apparently restored to race. But the car doesn’t carry the collector panache of “the real one.” If the same person bought both (I don’t know), this would be a classic example of “one to run and one to collect.” Number 103 is too original and too important to make into a driver, while HR1 is the opposite. The “real” car sold for effectively a million dollars more than its weapons-grade twin. So, the market verdict on March 9, 2012, at Amelia Island was that a history-rich original was worth twice that of a perfectly good (and real, with history) clone. There are a lot of driver 956/962s out there, so collectibility probably carries more value here than for a more rare car, but the effect is real and worth noting. The market has spoken, and I’d say fairly bought. ♦ (Introductory description courtesy of Gooding & Company.) SCM Digital Bonus. Additional images and more... June 2012 59

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Market Reports Overview Pre-War Classics Lead Eight Auctions to $93m Heavy iron gets heavier at auctions from February through March By Tony Piff S trong performance at important Florida sales continued the momentum of Arizona Auction Week in January, and pre-war Classics were at the top of the charts at nearly every auction covered in this issue. The top two slots at RM’s Amelia Island sale went to a 1929 Cord L-29 Special coupe and a 1934 Packard Twelve Convertible Victoria, sold at $2.42m and $2.2m respectively. RM consigned and sold more cars than ever at its annual Amelia Island sale, even though 88% sell-through percentage was a slight decrease from the impressive 96% seen last year. Average price per car also declined to $221k, down from $245k, but overall totals held at $22m, compared with $24m. At Gooding & Company’s Amelia Island sale, a 1933 Cadillac V16 All Weather phaeton was no slouch at $506k, but the Drendel Family Collection of racing Porsches stole the show. Seven Porsches broke the $1m mark, and the top few sales absolutely shattered it: A 1974 911 Carrera RSR Turbo made $3.25m, a 1955 550 Spyder sold for $3.69m, and a 1973 Porsche 917/30 Can-Am Spyder earned a remarkable $4.4m. The Collection helped Gooding to a final total of $36m — double the $16.8m seen last year. The next weekend, Auctions America by RM held their annual Fort Lauderdale auction. The high sale was a 1933 Chrysler CL Imperial phaeton, sold at $341k. Sales figures here looked approximately flat, with a total of $16.9m compared with $17.2m last year. The number of cars consigned, however, broke 500 for the first time. Keith McCormick’s long-running Palm Springs auction broke 500 cars for the first time as well. With an average price of $17k, there were no seven-figure cars to be had, but one car did make it over $100k: a 1969 Ferrari 365 GT 2+2, at $105k. A 1940 Cadillac Series 62 $36,057,800 Sales Totals Gooding & Co., Amelia Island, FL RM Auctions, Amelia Island, FL Auctions America by RM, Ft. Lauderdale, FL McCormick, Palm Springs, CA Bonhams, Oxford, UK $1,876,261 $6,554,730 $22,297,000 $16,885,165 convertible was the second-place car, selling at $72k. Across the pond, Bonhams achieved an amazing 100% sell-through at their annual Oxford sale, for a total of $1.9m. European luxury sports cars were the feature here, with a 1961 Ferrari 250 GTE Series I 2+2 selling for $161k, a 1966 Jaguar XKE 4.2 convertible selling for $145k and a 1965 Jaguar XKE making $130k. As covered in this month’s Roundup, Leake’s Oklahoma City sale saw impressive growth, surging to $4.1m total from $2.9m total last year. Muscle was king here, with the crown going to a 1968 Shelby GT500 convertible, sold at $182k. Three of the top 10 sales were Mopars that all happened to sell for the exact same price of $77k. More than half of the entire 90-car Burdick Collection in Rosanky, TX, pre-dated 1950. Dan Kruse dropped the hammer on a 1930 Cadillac 452 Fleetwood “Madame X” at $418k, while the 1933 Dusenberg Model J “Queen of Diamonds” failed to sell at a high bid of $1.9m. We conclude the market reports for this issue with coverage of the J. Wood & Company motorcycle auction in Daytona and Chad Tyson’s eBay picks. This month, Chad highlights German cars that sold for big money on eBay — meaning anything over $50k. ♦ SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 60 Top 10 Sales This Issue (Land Auctions Only) 1. 1973 Porsche 917/30 Can-Am Spyder race car, $4,400,000—G&Co., p. 70 2. 1955 Porsche 550/1500 RS spyder, $3,685,000—G&Co., p. 66 3. 1974 Porsche 911 Carrera RSR race car, $3,245,000—G&Co., p. 72 4. 1976 Porsche 935/76 race car, $2,530,000—G&Co., p. 72 5. 1929 Cord L-29 Special Coupe, $2,420,000—RM, p. 84 6. 1984 Porsche 962 race car, $1,925,000—G&Co., p. 72 7. 1956 Ferrari 250 GT coupe speciale, $1,430,000—RM, p. 82 8. 1951 Ferrari 212 Inter coupe, $1,375,000—G&Co., p. 74 9. 1972 Ferrari 365 GTB/4 Daytona spyder, $1,210,000—RM, p. 84 10. 1965 Aston Martin DB5 Vantage convertible, $1,210,000—RM, p. 80 1. 1965 Aston Martin DB5 Vantage convertible, $1,210,000—RM, p. 80 2. 1958 Dual-Ghia convertible, $214,500—G&Co., p. 74 3. 1952 Jaguar XK 120 roadster, $81,400—AAbyRM, p. 94 4. 1970 Volkswagen Beetle 2-dr sedan, $4,725—McC, p. 104 5. 1972 Rover 2000TC sedan, $3,286— Bon, p. 122 Sports Car Market Best Buys

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Gooding & Co. Amelia Island, FL The Amelia Island Auction The 1955 Porsche 550 RS Spyder opened at $1m and quickly sped to $3m. After the dust settled, it went to a new owner for a hefty $3.7m Company Gooding & Company Date March 9, 2012 Location Amelia Island, FL Auctioneer Charlie Ross Automotive lots sold/offered 70/77 Sales rate 91% Sales total $36,057,800 High sale 1973 Porsche 917/30 Can-Am Spyder, sold at $4,400,000 Buyer’s premium 10%, included in sold prices A sampling of Porsches from the Drendel Family Collection Report and photos by Robert Malke Market opinions in italics T he third annual Gooding auction at Amelia Island took place at the spectacular Omni Plantation Resort in Amelia Island, Florida, on March 9. This auction, like so many Good in recent years, exceeded expectations with a selection of exceptional cars, as well as rec prices and attendance. It is clear that the high-end market is still booming. Quoting auction Ross, “Yet again, our Amelia Island au that, if you have the best, the sky is the limit!” With a sales rate of 91% and over $36m in sales, that rings true. There were some very exciting cars on hand this year. A snazzy 1958 Dual-Ghia convertible with a corresponding two-tone interior was extra clean, and it sold close to $214,500. An eye-catching red 1953 Zagatobodied Fiat 8V found a new home at $750,000. And an original Porsche 959 with a tweaked engine upgrade by Canepa of California sold for $495,000, while a meticulously restored blue Karmann Ghia cabriolet brought $25,300. The much-anticipated Drendel Family Porsche Collection consisted of 17 race cars, many of which were factory test and mule cars. The top sale of the event was a Porsche 917/30 in Penske Sunoco livery that pulled $4,400,000. Also in the Drendel Collection was the 1974 Werks Porsche 911 RSR Turbo, which tipped the financial scales at $3,245,000. The Martini and Rossi-sponsored Porsche 935, “The First 935,” grossed 62 530,000, and a Porsche 962 GTP fetched $1,925,000. That car, driven by Al Holbert, Al Unser Jr. and Derek Bell, who made an on-stage guest appearance nd pitch during the sale, was significant in the dominance of Porsche’s racing during the 1980s. The most entertaining lot at the show was the 1955 Porsche 550 RS Spyder. The car’s opening bid was $1,000,000, and it quickly sped to $2,000,000, and then to $2,500,000. At the $3,000,000 mark, the bidding decreased to $25,000 increments, to which Charlie Ross declared, “Come on, now! $100,000 increments from now on!” After the dust settled, the 550 went to a new owner at a hefty $3,685,000. Although Porsche racers certainly stole the show, there were also a number of top-level Italian classics under the tent as well. Among them, a dark blue 1972 Ferrari 246 GT Dino coupe, gorgeous inside and out, sold at $214,500, while a silver 1973 Ferrari 365 GTB/4 Daytona coupe fell short of $300,000. A beautiful 1970 Ferrari 365 GT 2+2 in factory Rosso Rubino hammered at $137,500, which was a fair deal for the money, and a 1951 Ferrari 212 Inter in spectacular condition grossed a correct $1,375,000. This is only Gooding’s third Amelia Sales Totals Island sale, but in that time, the company has watched its results grow exponentially — $16m in 2010, $18m in 2011, and a full $36m in 2012. And while a lot of this year’s total was the direct result of the Drendel Collection, it’s clear that the company continues to be on the right track with its low-volume, high-quality approach. ♦ $40m $30m $20m $10m 0 2012 2011 2010 Sports Car Market Chad Tyson

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Gooding & Co. Amelia Island, FL ENGLISH #23-1930 BENTLEY 4 1/2 LITRE tourer. S/N PB3549. Eng. # PB3549. British Racing Green/black cloth/green leather. RHD. Odo: 16,665 km. Began life as a custom saloon or a full-size car. Vanden Plas-style body fitted in 1977. Bicycle-style fenders and Brooklands-style aeroscreens added later. Now a mildly aged tourer. Presents nicely, with abundant polished brass, stainless, and alumi- percharger. Ideally suited for driving events. Cond: 2+. SOLD AT $48,400. A near-perfect about the other gauges—could be later SWs. Banjo steering wheel a nice touch. Fairly well documented with a succession of notable owners. Equipped with 331-ci hemi. Cond: 2+. SOLD AT $151,250. All the charm of a 120 Jag, but more exclusivity, with just 62 K3s built. This car previously sold for $110,000 at RM’s 2009 Phoenix sale (SCM# 119342), which we called well bought. It was very well sold today. num. Cond: 3+. SOLD AT $665,500. This well-documented Bentley led an active life, mostly with enthusiast owners who have had the means to take good care of her. The car was even once owned by Armand Zildjian, the famed cymbal manufacturer. The sporting rebody story is pretty much the norm with these, but considering that the big changes were done late in its life, I would call this one well sold. #19-1939 JAGUAR SS 100 3.5 roadster. S/N 39098. Eng. # M1080E. British Racing Green/black vinyl/red leather. Odo: 357 miles. Concours-quality restoration completed in 2007, with appearances now at Pebble Beach and the St. Michaels Concours. Originally Pillar Box Red, and has worn several colors over the years. Undercarriage has been painted red, just as when it left the factory. Difficult to fault. Cond: 1-. SOLD AT $462,000. Limitedproduction car, quite rare and highly valued. For the last of the pre-war roadster body styles, the current prices seem rather reasonable to me, although this one went through the roof. But with the current interest in pre-war sports cars, this sale may be one to take note of. #72-1949 MG TC roadster. S/N TC9064EXU. Eng. # XPAG9767. Red/tan vinyl/burgundy leather. RHD. Odo: 152 miles. Interior features exquisite trimming. Machineturned dash fascia and reorganized gauge arrangement. Boasts rare options such as quick-release radiator cap, flashing turn indicators, full-width bumpers, finned aluminum brake drums, five chrome wire wheels, and, most importantly, a period-correct Arnott su- 64 has cozy, walnut-trimmed interior. Presently sporting an older restoration, but has been carefully maintained with an even amount of wear and patina. Cond: 2-. SOLD AT $88,000. Previously sold at the Bonhams sale in Carmel, CA, in August 2011 for $83,070 (SCM# 184578), this was truly a handsome car. The Mitchum connection didn’t hurt at all, and it even included pictures. Well sold. #8-1953 ALLARD K3 roadster. S/N K33189. British Racing Green/tan cloth/tan leather. Odo: 2,055 miles. A very honest thorough disassembly and reassembly with a ton of detail. Born silver with green leather and a tan top. Speedo and tach look correct, not sure MG TC export model. Gleaming red paint, shiny chrome, stunning detail, and excellent fit and finish. There was a group of European car enthusiasts at this show, and this little redheaded Brit packed the floor. Considering this car changed hands in Monterey, CA, at the RM auction in August of 2011 for $66,000 (SCM# 185551), the new owner got a deal. Well bought. #68-1950 JAGUAR MK V drophead coupe. S/N 647008. Eng. # T8431. Black/tan cloth/brown leather. Odo: 16,078 miles. Believed to be the eighth left-hand-drive drophead built. This car was sold new to 1950s Hollywood bad boy Robert Mitchum. The Mark V Jaguars featured hydraulic brakes and stamped steel wheels. Carriage-style drop-top #28-1957 AC ACE BRISTOL roadster. S/N BEX404. Eng. # 100D760. Princess Blue/red leather. Odo: 566 miles. Princess Blue paint and nicely tailored red leather interior highlight the European character of the car. Hard to find many flaws here. Has seen very little road duty since restoration. Some road grime and a smidgen of oil film on engine from a few test runs, but car is fresh otherwise. Cond: 2+. SOLD AT $308,000. The forerunner to the infamous Cobra. This AC Bristol, a formidable ’50s competitor in its own right, gathered a continuous crowd. There is no doubt this car has great lineage, and the interest and value of Bristols have climbed substantially in the past few years. They are quickly approaching small-block Cobra project-car territory. The bidders really liked this mildly used and abused, three-owner, former hillclimb car, and the price reflected their enthusiasm. Well sold. #40-1959 JAGUAR XK 150 S roadster. S/N T813419DN. Eng. # VS13079. Red/black cloth/black leather. Odo: 46,572 miles. Blinding bright red is original color. Highlights include bright chrome, wire wheels, fog lights and a toolbag. Some flexing problems may be contributing to poor gaps and rubbing door jambs. Sits high. Desirable S-spec car with 5-speed added. Cond: 3. SOLD AT $92,400. Once billed as the world’s fastest production car, the XK 150s are true classics, but they are also bulkier than the previous 120s and 140s. This was not the most impressive example I’d ever seen, but the red paint was eye-catching, and it did sell well. #5-1959 MGA roadster. S/N HDA4361765. Black/black vinyl/burgundy Sports Car Market

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Gooding & Co. Amelia Island, FL leather. Odo: 6,197 miles. Classic British sports-car lines. Blocked, wet sanded, and buffed to near perfection. Wears wide whitewall tires and has red painted drums behind chrome wires. Period-looking Lucas (aka “The Prince of Darkness”) fog lights. Detailed engine compartment and clean undercarriage hint that this car spends a lot of time on a The throaty, dual Weber side-drafts on the 1200-cc motor had a beautiful gurgling, torquey small-bore sound. Left-hand drive was a big plus, and the bidders reacted accordingly. However, I was floored at the final number. Very well sold. trailer. Cond: 2+. SOLD AT $44,000. This gleaming black car and its well-tailored red leather interior were stunning, but, frankly, it was a bit over-restored for its class. Having said that, this car sailed past my expectations. Really nice MGAs typically fetch between $20k and $30k, and this one probably barely covered the restoration costs. Strong money for an MGA, but a top-quality restoration. Market-correct price. #27-1961 AUSTIN-HEALEY 3000 Mk I BN7 roadster. S/N HBT713716. Black/black vinyl/red leather. RHD. Odo: 60,818 miles. Very nice paint. Body panel fit and finish excellent. Impeccable workmanship and superb detail clearly evident. Painted wires, tool kit. Yellow, vintage-looking plug wires look a little out of place. Right-hand drive. Cond: 2. SOLD AT $79,200. This was a stunning Healey. Black can sometimes be the magic #2-1964 JAGUAR XKE coupe. S/N 890542. Eng. # RA67409. Blue/blue leather. Odo: 20,582 miles. Recent restoration of an original West Coast car with show-winning results. Unbelievable detail inside and out. Fitted with 5-speed gearbox, large aluminum radiator, and Wilwood disc front brakes. Sale includes tool kit, full documentation, and JDHT certificate. Cond: 2. SOLD AT $93,500. BJ8s have a tendency to draw a premium, and this Healey darling brought a respectable price for its condition. With a few adjustments and a little love, this could be a nice car. Well sold. GERMAN #15-1955 PORSCHE 550/1500 RS spyder. S/N 5500062. Eng. # 90066. Silver/tan leather. Odo: 7,193 miles. This 550 RS is acknowledged as one of the most outstanding, unmolested examples of the 90-plus RSs built. Very well documented. Early history suggests minor competition, but has spent most of its life rotating through the hands of discerning collectors. Retains all its factory panels, drivetrain and interior. Includes a spare, period 4-cam engine and loads of parts. Still wearing some road grime and TOP 10 No. 2 This was the second car through the chute, with all the bidders well fed and fully caffeinated from the Gooding breakfast. This car fetched a healthy price, and I liked the color, but I’ll bet a black car would have brought another $10k. Still, strong money for a postflat-floor coupe. #14-1967 AUSTIN-HEALEY 3000 Mk color, and this beautifully done car provoked some real action. The only issue I had was with the questionable ID. Although it is recognized by the Healey Heritage group as a genuine BN model (two-seater), the VIN plate is stamped BT (jump seats). The discrepancy was announced on the block and referenced in the catalog. Regardless, this example commanded serious money. The seller did very well. #9-1962 LOTUS ELITE Super 95 coupe. S/N EB1695. Blue & silver/black vinyl. Odo: 85 miles. Finished in its original colors. Nicely done, although not a concours restoration. Panel fit and overall finish are close to factory condition. Trim is very good. Sparse interior features only the essentials, but does include a ZF embossed gear knob and wood wheel. Cond: 3. SOLD AT $140,250. This agile, lightweight GT generated quite a bit of gossip, and only about 800 are left today. This little flyweight stood tall, and everyone took notice. 66 III BJ8 roadster. S/N HBJ8L35053. Eng. # HBJ8L35053. Blue & white/blue vinyl/blue leather. Odo: 8,074 miles. A good-looking car from five feet away. Nice chrome wires on a straight solid body, but shiny two-tone paint does not hide some poor prep work. Decent chrome, neatly done interior, correct-looking detail under the hood. Obviously a driven car, hence the road grime. Hard-to-open-and-close doors, scuffs in both door jambs. Overall, gravel chips from a recent outing. Cond: 2. SOLD AT $3,685,000. The show started with a $1,000,000 opening bid, like it was shot out of a cannon. Then it quickly hit $2,000,000, fast approaching the minimum expected number. When it got down to three bidders, bids started coming in at the last possible moment—right as auctioneer Charlie Rose was trying to drop the hammer. This continued for about $750,000. It became repetitive, and the bidding dragged on to the point of monotony. Mr. Rose finally said, “It’s time to sell.” Hammered at $3,500,000. Well sold. #75-1956 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980406500044. Eng. # 1989806500054. Red/black leather. Odo: 398 miles. Originally silver with black leather. Only notable option on this solid, original SL are factory Rudge wheels. Completely restored, but with a noticeable lack of detailing. Has seen some show duty, though, and has won a few buttons and trophies along the way. Cond: 2-. SOLD AT $715,000. Let’s all thank lacks real detail and fit and finish. Runs and sounds good, and is sporting a nice stainless exhaust system. Cond: 3. SOLD AT $59,400. My first car was a 1965 BJ8, so I am a bit partial to big Healeys. Even in its driver condition, this car had people clamoring all over it. Max Hoffman for badgering Daimler AG and persuading them to make a docile street version of the SLR for the U.S. market. This one sold on the low side of the current Gullwing market, and I think the unflattering color change may have contributed. With room in Sports Car Market

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Gooding & Co. Amelia Island, FL the budget for the needed detailing, there is little doubt this one was well bought. #16-1956 PORSCHE 365A Super Speedster. S/N 82106. Eng. # 80191. Black/black cloth/red leather. Odo: 64,950 miles. T1 Speedster. Original colors were aquamarine with black vinyl. Has a few minor issues. Nice straight bodywork with a fair amount of repro goodies. Wrong T2 door handles and shifter. Poorly fit repro defrost vents, patina on steering wheel, possible optional #64-1957 PORSCHE 356A Speedster. S/N 82626. Eng. # 63001. Red/tan cloth/tan leather. Odo: 81,118 miles. Five-footer T1 Speedster. Now a straight, solid car again. Styled in red with tan guts. Decent bodywork. Fair amount of repro parts include stone guard headlight covers, tall overrider bumper guards, and under-valance exhaust. Wrong T2 inside door handles, poor fitting repro defrost vents, and pitted windshield posts. Minor spider single-mount transmission bracket (before VIN #88000), which is less desirable among those who know. Originally ivory and red, now silver and blue with a restamped doortrim tag. GK Restorations in Florida performed some work on this car back in 2005. Converted to a 12-volt electrical system and equipped with factory style Hella 128 fogs, coupe seats with taut, nice leather upholstery, and repro aero mirror. Runs well. Very correct looking, shows well. Cond: 2-. SOLD AT $264,000. Overall, nice detail for a black car. Reconditioned, O.E.M. parts always appeal to purists, and the repro parts on this car should slow appreciation. This one brought serious dough, but decent Speedsters are well into the $200k range these days. Well sold. #3-1957 MERCEDES-BENZ 220S cab- riolet. S/N 180030Z7511749. Eng. # 180921N8500380. Brown/tan cloth/tan leather. Odo: 7,946 miles. Originally lived on the eastern seaboard, then relocated to California, and later ended up in Florida. Born two-tone brown and yellow, with brown hides and a tan canvas top, now painted solid brown. Lack of detail to exterior. Interior tidy with nice wood trim and good brightwork, but houses a later-model Becker radio. Wear on top and interior shows frequent use, as was cracks on steering wheel, decent upholstery, and single vintage mirror. Wrong carbs on a restamped block. Runs well. Cond: 3+. SOLD AT $187,000. Porsche buyers are typically shrewd and knowledgeable, and this example brought a fair price for its condition. This car should be a fun, usable cruiser. The Speedster values are extremely solid, and are currently on the rise again. Fair market value in today’s world. #32-1958 BMW ISETTA 600 sedan. S/N 150261. Copper & white/tan vinyl. Odo: 4,133 miles. Color combination is striking, and paint and bodywork are good. Brightwork and trim decent and accounted for, but with all the attention to detail, the cracked and faded front turn lenses are puzzling. Upholstery is new, but carpet and front seats could fit better. She’s a nice driver with plenty of use left in her. locking pockets on passenger’s door, later 7,000-rpm electric tach, SC motor, and fourwheel disc brakes. Cross-country ready. Cond: 2-. SOLD AT $148,500. The roadster, the second-most popular of the open Porsche 356 series, is also second in terms of low production and survivability. Although not as soughtafter as a Speedster, the Roadsters have clearly made a jump in demand and price. There was a lot of interest in this car on the block, and the fierce bidding reflected the end price. Well built and ready to enjoy; owners new and old should be happy with the result here. #24-1962 PORSCHE 356B coupe. S/N 210980. Eng. # 805604. Black/black leather. Odo: 62,029 miles. Has some great features. In a coupe, a sunroof is a must, and a super engine is second. Very tidy black leather interior. Extra-clean detail and fit and finish. Handsome Les Leston wood wheel, factory radio, period-correct headrests, Leitz luggage rack, tool kit, and chrome wheels. Cond: 2. SOLD AT $85,800. Yes, I am a 356 Porsche intended. Cond: 3. SOLD AT $77,000. This classic Mercedes 220S cabriolet displays poise and elegance. Although there were some shortcomings on this example, these cars are still sought-after. Because so many of these cars are over-restored trailer queens, many are not enjoyed as intended. Prices usually range between $45k–$100k, so the money felt about right, if maybe a touch high. However, the new owner was able to grab a rare opportunity to swipe a drivable, contemporary classic. In the long run, this may turn out to be a bargain. 68 Cond: 3+. SOLD AT $38,500. Typically, there are BMW Isetta 250s and 300s at almost every classic auction, but the 600 is a bit rarer. This four-seater created a fair amount of interest, and would be a nice way to finish off a collection of vintage BMWs. The 600s are not quite as desirable as the smaller bubble cars, but they are just as collectible. When this one topped $30k, even my ears perked up. This sale was all the money. #45-1960 PORSCHE 356B roadster. S/N 87383. Eng. # 800105. Silver/blue cloth/blue leather. Odo: 49,746 miles. This car has the nut, and have owned many. I think the one car that is not flattered in black is a 356 Porsche, but this one was beautifully done. This one grabbed a lot of attention, and eventually broke the bank. The quality restoration clearly paid off, even if some of the parts were reproductions and the trim tag was restamped. Considering that 356s are on the march, I think there is room to consider this car both well bought and well sold. #76-1962 PORSCHE 356B Super coupe. S/N 211142. Eng. # 703213. Smyrna Green/tan leather & cloth. Odo: 70,104 miles. Professionally done. Rare Smyrna Green with oatmeal tan interior. Clean GT/GS look with Sports Car Market

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Gooding & Co. Amelia Island, FL no bumper guards, only aluminum deco trim and custom aluminum rocker trim. Fit and finish exquisite. Period-correct vintage Marchal fogs, fluted Euro headlights, Euro turn signal lenses, painted rims and polished hubs. Tidy interior features leather seats with the optional corduroy inserts and period-correct headrests. Les Leston wood wheel, racing 12 Hours of Sebring, a USRRC national championship to its credit, and privateer racing in SCCA, this car is the real deal. This short tail/long nose racer was restored to its second racing campaign livery about 20 years ago. Very presentable with just minor spider cracking in the paint from flexing and age. Still has the silly roof-mount mirror. Cond: 2+. SOLD AT $1,001,000. This racer was a nosale at $980,000 at Bonhams’ Scottsdale, AZ, auction in January 2012 (SCM# 191684). It seems that price was about right for this market because it sold in the same range this time out. Now it’s off to a new collection, new museums, and more shows and concours. Perhaps it will even be seen on a vintage race circuit or two. I certainly hope so. Market correct-price. lap belts and rally clocks. Stock-looking engine, stainless exhaust tips, and a toolkit to boot. Cond: 2+. SOLD AT $93,500. The toughest looking 356 GT/sport/outlaw car that I have seen in a while, this car was very cool and unique. All that coolness was slightly diminished, however, by a tacky billet radio block-off plate. A copy of the Porsche Kardex was provided, and some argue that they are more accurate than a COA. There was a real buzz about this original California car before the sale, and it deservedly brought a premium. Well sold. #69-1967 PORSCHE 906E race car. S/N 906159. Eng. # 910032. Blue/black cloth. Near the end of the 906 production, this mechanically fuel-injected model, 906E (Einspritzung/F.I.) was unleashed. With some race history dating to the 1967 running of the stupefied by this price. The bank is busted. This was a gorgeous car, and probably a few notches above the one that sold for $170k and change in Scottsdale this year, but I was simply not expecting that number. I did, however, have to open and close the doors a number of times just to hear that distinctive, Mercedesquality thunk. The high-end market is alive and well. I’m willing to bet the Pagoda Top SLs follow suit. #13-1971 MERCEDES-BENZ 280SE 3.5 cabriolet. S/N 11102712002320. Eng. # 11698012001991. Red/parchment cloth/parchment leather. Odo: 80,385 miles. Very little wrong here. Parchment interior has full, thick leather seats and accents. Body clean and solid with superb detail all over. These cars have wonderful driving manners, speed, handling, and braking. Reportedly given a three-year, $75,000 restoration, and it showed. Cond: 2. SOLD AT $209,000. I am trendy Bimmers have become cult icons and are highly sought after. Only 7,449 were sold in the U.S. between 1972 and 1974, and the the ’72 and ’73s tend to be the most desirable. The rareness of the model kept the bids coming, but I think a better color would have attracted a higher price. However, this was a nice car acquired at a nice price. Well bought. #4-1973 PORSCHE 911 Carrera RS coupe. S/N 9113901317. Eng. # 6631284. Yellow/black vinyl. Odo: 4,114 miles. Transplanted from Germany in the late ’80s or early ’90s, a U.S. speedo was installed, but Euro head and taillights remain. Glossy color over nice, straight body with correct glassover-steel duck-tail. Paint imperfections include fish-eyes, chips, and cracks in door, hood and trunk jambs. Scratches on left door trim. Features sport vinyl seats, Fuchs wheels, tool kit, and rare SS rear valance muffler skirt. A roll bar appears to have once resided inside. #34-1972 BMW 2002 tii coupe. S/N 2761508. Blue/black vinyl. Odo: 74,844 miles. A real, U.S. production-built 1972 2002 tii is somewhat of a rarity considering many were chewed up on racetracks. Nice, straight body and respectable paint. Trim and brightwork complete, but large ding in rear bumper sticks out like a sore thumb. Black interior looks factory-fresh and is accentuated by a Nardi wood wheel and wood shift knob. The engine sounds smooth, like a Singer sewing machine, and has the engine detail to match. Cond: 2-. SOLD AT $19,250. These Cond: 3. SOLD AT $275,000. One of 1,340 street RSs built in 1973, which are among the most cloned of the 911s. This one is the real deal, and bidding was strong up to $245k, where it then sputtered out. I guess the bidders saw what I did, which was a rare car that was little better than driver quality. Despite the detail-oriented shortcomings, the car eventually sold for strong money after some coaxing and caving from the parties involved. Fair market value. #57-1973 PORSCHE 917/30 Can-Am Spyder race car. S/N 91730004. Blue/blue plastic. Revered as the most powerful Can-Am race car known TOP 10 No. 1 70 Sports Car Market

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Gooding & Co. Amelia Island, FL to exist, and one of only six built. According to Mark Donohue, it was “the perfect race car” in its time. Restored nearly 20 years ago, this iconic race car has made the show scene at concours, Rennsport Reunions, PCA club events, and a few vintage races. Part of the amazing Drendel Porsche Collection, this car was the holy grail of the bunch. Other than a little track grime, gravel chips, and some stress ber, trim, and fresh anodizing on the blemishfree BBS rims. Detailed, race-configured livery, but with modern safety equipment. 003 is the only Werks 924 Turbo GTP outside the marks in the paint, she is outstanding. Cond: 2-. SOLD AT $4,400,000. Rebuilt as a replica of the winning Penske 917/30 Can-Am racer. The consensus among vintage racers is that the Cam-Am series epitomized racing in its purist form. The cars were built simply for raw power and handling. At this auction, this was the car that everyone came to see. There were only a few serious players on hand, but it was a phone bidder who took the prize. An incredible car that earned incredible money. An exceptionally rare and desirable old racer trades hands for a deserved sum. See profile on p. 53. TOP 10 No. 3 #55-1974 PORSCHE 911 CARRERA RSR race car. S/N 9114609016R9. Silver/black cloth. The second of four Martini Works RSR Turbo 2.14s built in 1974. This Porsche was used as a development car for the production 930, and, more importantly, the future 911 racing program for Porsche. Still wearing its Martini & Rossi livery, the interior. Very complete and correct. Astounding history and documentation. The first competition 934, and the last to retire. Cond: 2+. SOLD AT $891,000. Another rare and unique ex-Porsche race car. This type of car is often sold on nothing but its racing heritage and condition. In terms of value, race cars are an anomaly. They bring what the highest bidder will pay using vague comparables as a barometer. The winning bid was down from the anticipated price, but that was all the money on this day. TOP 10 No. 4 #47-1976 PORSCHE 935/76 race car. S/N 9305700001R18. White/black cloth. The first and only known factory ex-Works Porsche 935 in private hands. This is the prototype and mule car for Porsche and the Group 5 racing class. Built in 1975, this car is a tube chassis, coil-spring 930/911. These cars dominated the FIA and IMSA series for years until the 956 and 962 showed up. This car ran only a few races in the U.S. and Europe in 1976, but was the benchmark for Porsche factory museum. Cond: 3. SOLD AT $385,000. This car was built as the perfect marketing tool for Porsche’s entry level, Audibuilt sports car. In 1983, I helped sponsor the Dave White 924 GT entry at Daytona and Sebring. I believe a race-ready, all-white 924 Carrera GTP sold for about $70,000-plus back then. Fast-forward almost 30 years, and $385,000 for a contemporary race car with a little history sounds like a pretty good deal. Well bought. #61-1980 PORSCHE INDY Parnelli race car. S/N 0031. White/black cloth. MHD. The original Porsche Indy Car project that was sidelined by the protest and politics within USAC and its members. This potential V8 killer is historically significant. It was Porsche’s first attempt at Indy, but not their last. The Parnelli Porsche is restored to its car is presented as it was when last raced. An amazing example of an historic race car that still has little bits of competition smeared all over it. Cond: 3. SOLD AT $3,245,000. This benchmark Porsche RSR Turbo, with its unquestionable history, is actually quite priceless. It is not only an irreplaceable piece of motorsports history, but of Porsche history as well. #51-1976 PORSCHE 934 coupe. S/N 930670. Orange/black cloth. Restored to factory showroom condition and specs, and is one of only 31 934 race cars built. Finished in orange, the color choice of the first owner, this 934 is almost show quality with its excellent bodywork and smooth, shiny paint. New rub- 72 future 935s. Preserved in its original livery, as it last raced, it is in remarkable condition, and is showing only minimal battle wounds from racing. Cond: 3. SOLD AT $2,530,000. This is the car to own if you are a certified 911 Porsche nut. As it had only four private owners, the opportunity to acquire this caliber of car in public is truly rare, and, appropriately, draws all the über-collectors out of hiding. Given what some other race cars with lesser provenance have achieved in terms of value, the $2 million-plus price seems like a bargain. See profile on p. 53. #48-1980 PORSCHE 924 GTP race car. S/N 924003. White/black cloth. Built in late 1979, this significant 924003 chassis is the third of four factory cars built to compete at Le Mans. In the hands of Al Holbert and Derek Bell, the car was a fierce competitor. From 1981 on, 003 competed in the U.S. in IMSA and Trans-Am events. Restored and detailed to its original Le Mans competition original competition status, and is accompanied by a load of spare parts. This car is but a blip in Porsche’s record books, but is a true one of one. Cond: 3. NOT SOLD AT $200,000. This rare piece of history was a no-sale on the block. The factory should have purchased this car, or it should be in the museum with the rest of Parnelli Jones’ rare race cars. #53-1984 PORSCHE 962 race car. S/N 962103. White/black cloth. This highly recognizable Löwenbräu 962 is one of the most successful IMSA GTP racing cars of the 1980s. With only two owners from new, this back-to-back winner of the 24 Hours of Daytona is one of the Drendel family’s most significant cars. Legendary drivers Al Holbert, Derek Bell, Al Unser Jr., and Chip Robinson composed the winning team for two TOP 10 No. 6 Sports Car Market

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Gooding & Co. Amelia Island, FL seasons and amassed an unrivaled record with extensive documentation. Reconditioned after the last race to staging specs and race-prep form, the car has remained that way for two decades. Cond: 3. SOLD AT $1,925,000. I can distinctly recall the 962 in full racing tilt at Daytona and Sebring in the ’80s. The successor to the 956, the 962 was so fluid on the track that all one heard was a whistle when it flew down the straights on its way to collecting checkered flags. Considering the extensive racing provenance and exceptional documentation, the new owner must consider his money well spent. See profile on p. 58. #66-1988 PORSCHE 959 coupe. S/N WPOZZZ95ZJS900153. Silver/gray leather. Odo: 1,256 miles. Extremely rare in the U.S. One of 284 959s built for the public. 5,300 estimated actual miles. No real signs of driving use, just aging and fading. Canepa phase I performance upgrade takes the car from 450 hp to 600 hp (capable of well over the 196 mph advertised) after which it was moth- ITALIAN #71-1951 FERRARI 212 INTER coupe. S/N 0143E. Eng. # 0143E. Blue/blue leather. RHD. Odo: 754 miles. Restored in 2000, still in award-winning condition. Exterior super-straight and nearly flawless, interior simple and detailed, sporting a set of recent racing lap belts. On TOP 10 No. 8 185763), which our reporter said was well under market. Seller made his money, but I don’t think the buyer overpaid. These are on their way up. BEST BUY aluminum wires. Cond: 2+. SOLD AT $1,375,000. This Inter was used by British world champion racer Mike Hawthorne as his “loaner” while under contract with Ferrari. He drove it back and forth from England to Italy, then practiced on the Mille Miglia with it. Well sold, due in no small part to the very cool story. balled. Doors and hood are aluminum; roof, rockers and rear deck are composite. Cond: 3+. SOLD AT $495,000. This rare street racer brought the bidders back in the tent. The bidding was crazy, with multiple bidders determined to take it home. Another 959 sold for $385,000 on eBay in 2009 (SCM# 120864), but $300k has been about top of the market. Well sold. #62-1995 PORSCHE 911 GT2 coupe. S/N WPOZZZ99ZTS393062. White/black cloth. Very successful racing history, with First in Class at 1996 12 Hours of Sebring, Second in Class at 1997 24 Hours of Daytona. Restored to original racing livery in 2002 when it joined the Drendel Collection. In showroom condition today, with only safety #41-1953 FIAT 8V Zagato coupe. S/N 106000065. Eng. # 104000000116. Red/black leather. Odo: 90,446 km. After some racing history, purchased in the 1980s by a grandson of the Zagato family, who then commissioned a complete factory restoration in preparation for the Mille Miglia. Originally white, now red with uniform patina. Sparse interior features guages, steering wheel and a shifter. One #79-1958 DUAL-GHIA convertible. S/N DG191. Eggplant metallic/white vinyl/eggplant & white leather. Odo: 72,611 miles. 315-ci V8, 2x4-bbl, auto. A mothballed older restoration. Dazzling trim, chrome, paint and finish. No obvious flaws. Plain steering wheel clashes with Italiandesigned two-tone interior. One of 117 con- vertibles built, inspired by Virgil Exner’s 1953 concept car. Cond: 2+. SOLD AT $214,500. Previously sold for $319,000 at Worldwide’s 2008 Hilton Head sale (SCM# 118627), and for $209,000 at RM’s 2009 Amelia Island sale (SCM# 119841). This hammered just over the $200k mark, and I’m not sure why it didn’t bring more. Buyer got a deal. of eight RHD 8Vs built. Cond: 3. SOLD AT $750,000. When this car was bid to $615,000 in January 2010 at Bonhams’ Paris sale, we said the seller was right to keep it (SCM# 156929), and his patience was rewarded today. I think that right-hand steering is a detractor and usually hurts value by about 25%. The SCM Pocket Price Guide values these at $1m for the best example, so I’d say the price paid here confirms my theory. Well bought and sold. See profile on p. 50. #17-1957 LANCIA AURELIA B24S con- updates. Cond: 3+. SOLD AT $357,500. I remember attending Daytona and Sebring and watching Hans Stuck, Derek Bell and Bill Adams pilot this car. It was very competitive during the few years that it raced. Price paid seemed fair for a 993 in excellent shape with rich history. 74 vertible. S/N B24S1317. Eng. # B241435. Blue/black cloth/tan leather. Odo: 60,902 miles. Attractive blue color well applied over tight-fitting body. Panels good but not flawless. Poorly rechromed rear bumper. Decent interior could use a detailing. Modest wear on wood wheel and leather seats. Motor looks tidy, complete and correct. Cond: 2. SOLD AT $280,500. Recently sold for $165,000 at Worldwide’s 2011 Fall Auburn sale (SCM# #70-1959 FIAT-ABARTH 750 Spider. S/N 635135. Blue/blue cloth/black leather. Odo: 463 miles. Rare Abarth Spider designed by Carrozzeria Allemano and built by Zagato. All details seem timewarp-correct. Glistening dark blue paint over solid body; clean, shiny exterior trim and badging. Rubber mats have been replaced with carpet, seats redone in leather. Engine bay looks complete and correct. Runs well, too. Cond: 2. SOLD AT $57,200. Previously sold for $67,860 at Bonhams’ Westport sale, September 2010 (SCM# 167007). So the seller took a small haircut, but this price looks about marketcorrect. #18-1970 FERRARI 365 GT 2+2 coupe. S/N 12743. Eng. # 12743. Wine red/black leather. Odo: 71,230 miles. Queen Mother Sports Car Market

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Gooding & Co. Amelia Island, FL sold new in California, two owners from new. Solid body, pretty good paint job, good chrome and trim. Interior appears original with some minor wear; wood wheel and #39-1973 FERRARI 365 GTB/4 Daytona coupe. S/N 16447. Silver/black leather. Odo: 39,854 miles. Previously repainted red, then back to factory silver during Wayne Carini ownership. Interior appears very stock and original with just the right amount of wear. nals. Fitting colors. Purchased new by Montgomery Ward executive G.E. Crandell, and still wearing the brass plaque screwed to the dash with his name inscribed on it. Cond: 2-. SOLD AT $506,000. This stunning example of 1930s excess sold at RM’s Rochester auction in 2006 for $682,000, which we called “expensive” then (SCM# 42423). The bidding today would seem to confirm that, and the seller took a hit, but this was still fully priced for today’s market. guages show minimal age; recent leather replacement on front seat faces and buns. Tidy under the hood and chassis. Cond: 3. SOLD AT $137,500. The auctioneer did his best to convince the crowd that this was a great car, but it still struggled to get to the $125k high estimate. Market-correct price paid. #33-1971 FERRARI 365 GTB/4 Daytona Spyder. S/N 14395. Eng. # B1176. Red/black cloth/tan leather. Odo: 38,293 miles. An above-average “driver” with the usual exterior blemishes, nicks, glazing and interior wear. Originally metallic brown, repainted a number of years ago. Looks well enjoyed and mechanically maintained. Wears sparkly Borranis. #20-1947 MERCURY EIGHT woodie Very tidy under hood and chassis. Not overdone. Cond: 3+. SOLD AT $330,000. Daytonas have been moving up, and this one sold smack in the middle of the $300k–$350k estimate range for a bull’s-eye current market price. No apparent celebrity effect here. AMERICAN #1-1912 FORD MODEL T Speedster replica. S/N 13662257. Eng. # 13662257. Maroon/beige leather. 177-ci I4, 1-bbl, manual. Built by renowned Brassworks specialist Greg Gouveia of San Luis Obispo, CA, with exceptional workmanship on real pre-1915 T framerails using exclusively Ford O.E.M components. Maple wood firewall, beige leather seats, and all the correct brass of the pre-war era. 12-volt ignition and starter system, but wagon. S/N 799A1817213. Yellow/brown/ vinyl. Odo: 32,141 miles. 239-ci V8, 2x4-bbl, 3-sp. This mildly restored Mercury woodie is reported to have most of its assembly-line components, including the original wood. An above-average driver with excellent detailing. All the wood is prepped and varnished, revealing the grain. Some clearcoat discoloring and Books, records and a tool kit included. I am told that the rear gears were swapped out for a shorter ratio, giving it a little jump off the line. Cond: 3+. SOLD AT $1,001,000. This car last sold for $1,023,000 at Gooding’s 2008 Pebble Beach sale (SCM# 117577). It had 38,241 miles showing then, suggesting that most of the patina showing today was acquired during previous ownership. Market-correct price for condition. #77-1972 FERRARI 246 GT DINO coupe. S/N 03496. Blue/brown & black leather. Odo: 60,930 miles. Originally white with a red interior, blue repaint over brown and black very appealing. Moderately driven and in super condition. Everything appears separating in a few corners, but not bad. Cond: 3+. SOLD AT $115,500. This car supposedly spent most of its years in the South. This solid woodie cracked a hundred quickly, then slowed to a final price. These woodies seem to be all over the board in terms of value. I thought this price was a bit strong, but given the rarity, and that it is a Mercury, the price sounds fair. Well sold. retains the carbide headlights and kerosene taillights. Cond: 1-. SOLD AT $24,200. The first car across the block to start the bidding was this stunning re-creation. Probably the most detailed and best presented of the auction. The car attracted a lot of attention, and dropped the hammer at a bargain price. Such a museum-quality car could not be duplicated for anywhere near that amount. Well bought. #31-1933 CADILLAC V16 All-Weather phaeton. S/N 5000116. Eng. # 5000116. Green/tan cloth/tan leather. Odo: 944 miles. Elegant Harley Earl-inspired phaeton, restored in 1980s, still in exceptional condition and aging gracefully. Beautifully detailed and laidout Art Deco dash, featuring chrome, stainless, wood and leather. Engine dressed with polished stainless, enamel and porcelain exter- correct and superbly detailed. Cond: 2. SOLD AT $214,500. The color-changed paint and interior did not hamper bidding in the least. The tasteful non-original combo may have even worked in the car’s favor, as bidding was spirited. Well sold. 76 Original dashpad had some unusual blistering. Cond: 3. SOLD AT $140,250. Again, the Ferrari and Maserati crowd appeared relatively uninterested in a survivor-quality Shelby convertible. Although it is a rare example, an automatic transmission and the lack of a/c probably contributed to the weak sale. However, the seller decided to finally let it go after a poor showing at Mecum earlier this year. Well bought. © Sports Car Market #7-1968 SHELBY GT500 KR convert- ible. S/N 8T03R21322403949. Green/black vinyl/black vinyl. Odo: 70,189 miles. 428-ci V8, 4-bbl, auto. Overall, relatively complete and untouched. Possible reproduction smog equipment. Has been allowed to age, but doesn’t seem abused. Nice straight, original sheet metal. Optional tilt-away steering, power steering, power brakes, but no a/c. 1971 or newer AM/FM factory Ford radio fitted.

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RM Auctions Amelia Island, FL Automobiles of Amelia Island RM’s Amelia offerings were heavily oriented toward CCCA Full Classics, and most sold with strong results Company RM Auctions Date March 10, 2012 Location Amelia Island, FL Auctioneer Max Girardo Automotive & Motorcycle lots sold/offered 101/115 Sales rate 88% Sales total $22,297,000 High sale 1929 Cord L-29 Special Coupe, sold at $2,240,000 RM took a Classical approach to the Amelia Island auction Report and photos by Carl Bomstead Market opinions in italics on Amelia Island on March 10, continuing their successful Florida auction t weeks earlier, they conducted the spectacular $38.3m Milhous auction, and t week, their Auctions America Fort Lauderdale by storm with sales totaling $16.8m. Florida was very good to RM, and RM in turn offered an outstanding array of memorabilia and motor cars. RM’s Amelia offerings were heavily oriented toward R CCCA Full Classics, with six Packards, three Chryslers and two Cord L-29s, as well as a Cord 810 convertible phaeton crossing the block. A quick tally added three Lincolns and 10 other Full Classics to the list. Most sold with strong results, but a disappointing no-sale was the 1934 Packard Twelve Convertible Victoria by Dietrich that was bid to $2,200,000 but failed to sell. It was a stunning design that exemplified Classic-era styling, but I can’t disagree with the owner that it was worth a touch more. A 1929 Cord L-29 Special Coupe with coachwork by Hayes Body Corporation and a design by Count Alexis de Sakhnoffsky sold for $2,420,000. It was an elegant one-off design that was recognized with awards at several significant Concours d’Elegance in 1930, and more recently at Pebble Beach and Meadow Brook. It was restored in the mid-’80s but was still was very presentable. 78 M Auctions, in partnership with the Ameli Island Concours d’Elegance, returned to the luxurious R Buyer’s premium Automobiles 10%, all others 15%, included in sold prices It sold at the Gooding auction in Pebble Beach in August 2008 for $1,078,000, so the eller realized a tidy profit in a relatively short period of time. A striking “Chairs and Flares” 1973 Ferrari Dino sold for an impressive $363,000. Later-production Dinos built for the American market were equipped with wider Campagnolo wheels, which required wider flared fenders to adhere to U.S. regulations. Some were also equipped with Daytona-sourced sport seats, thus the distinctive moniker. It is thought that only 91 examples entered the U.S., and since they are infrequently offered, they command a substantial premium. The 1941 Chrysler Newport Dual Cowl Phaeton that paced the 1941 Indianapolis 500 race was presented but failed to sell after being bid to $1,000,000. Only five of these were produced, but just last year Gooding sold one for about the same amount that was bid here, and this example had documented history and a recent restoration. As with the Packard Twelve, I can’t fault the seller for holding out at the money bid. RM offered, without reserve, the complete Lalique collection of noted collector and SCMer, Ele Chesney. Defining the complete collection gets a bit confusing, as 27 mascots were initially produced, but several that had been listed as paperweights were included as mascots in the 1932 Lalique catalog. As a result, 30 is the accepted number. Acquiring a complete collection is complicated by the fact that only about seven examples of the Renard (or fox) were produced. The collection was presented in an elaborate display case and sold for $805,000, which in my opinion was a relative bargain. This year’s auction saw totals fall slightly from the $24.3m achieved in 2011, but even so, the results were strong and the bidding active. And as always, the sparkling Atlantic Ocean next to the immaculate grounds of the Ritz provided a fitting backdrop for the weekend. ♦ $5m $10m $15m $20m $25m 0 Sports Car Market Sales Totals 2012 2011 2010 2009 2008 Chad Tyson

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RM Auctions Amelia Island, FL ENGLISH #166-1937 SQUIRE 1½-LITER drophead coupe. S/N 1063. Eng. # 1096. Black/ black fabric/gray leather. RHD. Odo: 75,847 km. One of three Squires built by Val Zethrin after Adrian Squire left his business and went to work for Lagonda. He acquired the remaining parts after Squire built six examples. This is the only one with Corsica coachwork. Restored and highly modified in the ’90s. Body is sectioned, and vee’d windscreen was TOP 10 No. 10 BEST BUY #152-1965 ASTON MARTIN DB5 Vantage convertible. S/N DB5C 1924R. Maroon/tan leather. Odo: 36,580 miles. Only 123 DB5 convertibles produced and only seven with Vantage higher horsepower engine. Recent restoration to highest standard, converted to sentable condition. Cond: 2. SOLD AT $46,750. Previously sold for $29,222 at H&H’s Buxton, U.K., sale in April 2010, where we called it “likely one of the best in the world, and worth every penny of the money spent” (SCM# 162365). This price seems expensive by comparison, but it will get a lot of attention at the next All British Field Meet. added. Powered by supercharged Anzani engine. Striking design with little to fault on flawless paint and brightwork. Cond: 1-. SOLD AT $990,000. With few Squires built, and this highly modified Corsica-bodied example being a one-off, it is difficult to find a car to compare it with. In 1980, at Sotheby’s London sale, it sold for $29,652 (SCM# 21608). On this day, it was worth nearly a million. Well sold. See the profile, p. 46. #116-1947 JAGUAR MK IV sedan. S/N 412587. Gray/olive green leather. RHD. Odo: 69,293 km. Recent restoration at a stated cost of $150k, with little to fault. Excellent fit and finish. Deep, lustrous brightwork. Delightful wood trim. Tool kit complete with most #137-1953 NASH-HEALEY roadster. S/N N2386. Silver/black fabric/red leather. Odo: 64,151 miles. Pininfarina body on Healey chassis with Nash “Le Mans Dual Jetfire” engine. Restored about 10 years ago and properly maintained since. Engine and body up to snuff. Only 252 Pininfarina Roadsters produced 1952–53, and total pro- left-hand drive at that time. Numerous recent awards. Full documenttion including build sheet and BMIHT certicate. Cond: 1-. SOLD AT $1,210,000. Perhaps the most exciting, iconic Aston Martin of all time. Restored to perfection with numbers all in order. Throw in the fact that it’s one of only seven produced, and the price paid looks very favorable indeed. FRENCH #178-1930 BUGATTI TYPE 46 Superprofile coupe. S/N 46208. Eng. # 77. Yellow & black/brown ostrich. Odo: 340 miles. Sedan body replaced with re-created Superprofile coachwork. Seating finished in brown ostrich leather. Engine-turning on firewall and cylinder heads. The Type 46 is often duction was only 507. Cond: 2. SOLD AT $93,500. I watched this sell at RM’s 2008 Monterey sale, where it realized $115,500 (SCM# 117499). I called it well bought at that price, but a lot has changed since then. Price paid here was about right in today’s world. #120-1963 JAGUAR XKE Series 1 con- vertible. S/N 878732. Signal Red/tan vinyl/tan leather. Odo: 72,933 miles. Desirable covered headlamps on a 3.8 Series 1, with gearbox from 4.2 Jaguar, for syncro first gear. Recent respray and new brightwork. Dayton wires with Osborne knockoffs. Numerous awards. pieces. Box-load of spares included, along with books and records. Cond: 1-. SOLD AT $90,750. If this was your thing, then this is the way to buy one. Let someone else take the hit and go through the frustration and expense of the restoration. A buy at fifty cents on the dollar. #194-1949 AUSTIN ATLANTIC con- vertible. S/N BD2l45214. Eng. # 1B50749. Wimbledon White/red leather. Odo: 77,808 miles. The Austin Atlantic was targeted at the U.S. market, but only 350 sold. This example is thought to be the San Francisco Auto Show car. Unique styling with hood ornament on each fender and cycloptic third headlamp. Restored in England in early 2000s. Very pre- 80 Competes in modified class in official Jaguar judging. Cond: 1-. SOLD AT $115,500. The performance upgrades did not help value here, and the whitewalls also have to go. Those things said, the buyer got an excellent driver that will show well at the local events for a very favorable price. Sports Car Market referred to as “Petit Royale” because of resemblance to Type 41 Royale. A stunning design with little to fault. Cond: 1-. SOLD AT $1,017,500. Price paid was a bit less than expected, but with recent re-created coachwork, it has limited prospects for concours presentation. The bumble-bee livery is perhaps a bit much for some tastes as well. GERMAN #171-1953 PORSCHE 356 1500 cabrio- let. S/N 60130. Burgundy/tan fabric/tan leather. Odo: 53,967 miles. A “Pre-A” that was

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RM Auctions Amelia Island, FL restored in the mid-’90s. Modified with a Pepco supercharger from MG. Custom rear “Supercharged” badge. Older restoration is holding up well with minor signs of age. Top fit looks a bit awkward, however. Dubbed “The Sleeper” due to its startling performance. Cond: 2. NOT SOLD AT $155,000. Porsche 356s have been hot property of late, and prices have surged past the price guide’s high estimates. However, the astonishing prices are for the best unmodified examples, and this one does not fit that bill. While adding the supercharger was certainly fun, it was an expensive modification in the current market. #193-1958 DKW MEISTERKLASSE Universal Kombi wagon. S/N 695844369. Willow Green & Champagne Yellow/green vinyl & brown fabric. Odo: 21,895 miles. Recently restored by former DKW employee to high standard. Mileage thought to be original. Powered by 3-cylinder, 4-stroke engine. maintained with minor signs of age. Recent Ferrari Classiche certification. Cond: 2+. SOLD AT $1,430,000. A rare and beautiful Ferrari that recently won the Most Elegant Ferrari award at 2012 Cavallino. Considering the uniqueness and the long list of awards, the price paid was most reasonable. Well bought. #133-1958 FIAT JOLLY beach car. S/N seven knots on water and 70 mph on the highway, but actual owners will question the claim. 3,878 thought produced, with most headed to U.S. market. Cond: 1-. SOLD AT $63,250. Price paid was, if anything, a bit light compared with other recent sales, and this example wore a fresh restoration, so I will call it well bought. ITALIAN #195-1942 ALFA ROMEO 6C 2500 sport cabriolet. S/N 915128. Eng. # 923928. Red/tan fabric/tan leather. RHD. Odo: 10 km. One of only three 6C 2500 Sport Cabriolets produced, and only remaining example with original chassis, engine, and body. Fitted with incorrect bumpers, knobs, and wipers. Delightful coachwork, but that’s where it all DKW was part of the pre-war Auto Union group, which eventually evolved into Audi. Cond: 1-. SOLD AT $60,500. Price paid seems like a bunch for a little underpowered wagon. But just the ticket if you want the only one in the neighborhood. #147-1960 MERCEDES-BENZ 300SL Roadster. S/N 19804210002580. Black/black hard top/green leather. Odo: 85,358 miles. Recent restoration by noted marque expert. Stunning black livery with German Roser green leather seating. Rudge wheels and optional hard top. Excellent brightwork with ends. Cond: 3. SOLD AT $275,000. This Alfa Romeo was last seen at Worldwide’s auction in September 2010, where it was a no-sale at $310,000 (SCM# 166338). The seller took a hit here, and the number was well below market, but the car had many unaddressed needs. If the new owner cleans up the details, this car could be through the roof. TOP 10 No. 7 #141-1956 FERRARI 250 GT Coupe Speciale. S/N 0465GT. Eng. # 0465GT. Cassa Blu reproduction flat star in grille. Complete tool roll. Original engine was completely rebuilt. As good as it gets. Cond: 1. SOLD AT $990,000. 300SLs continue to be solid bluechip investments, and the values continue to escalate. Price paid here was strong for a roadster, but the quality justifies the amount spent. Buyer should have no regrets. Marketcorrect price. #163-1965 AMPHICAR 770 convertible. S/N 101221. Fjord Green/white vinyl/apricot vinyl. Odo: 902 miles. Recent restoration to high standard with eye-catching livery. The 770 designation referred to factory-claimed 82 Genziana/black/Pelle Naturale leather. Odo: 8,861 One of only four 250 GT coupes produced by Pininfarina. Created with classic Superamerica styling. Ordered with a long list of custom features, such as twin fuel tanks and driver’s door. Covered headlamps. Driven on a regular basis and maintained by a seller with exceptional Ferrari expertise. Cond: 2. SOLD AT $770,000. Price paid was realistic, considering this 250 was a proven, properly sorted driver. There should be no surprises here. #183-1967 FERRARI 275 GTB/4 Berlinetta. S/N 09721. Eng. # 09721. Rosso Corsa/tan leather. Odo: 25,402 miles. Known as the “long nose,” there were only about 330 of these cars produced, and they had a reputa- 110032738. Celeste Mediopaint/blue & white canvas/tan wicker. Odo: 26,348 miles. After the success of the Fiat 600 Jolly, a limited number of Fiat 500s were converted. Comprehensive restoration includes new wicker seats, new dash and rebuilt engine. Cond: 2+. SOLD AT $68,750. These show up from time to time, and when in decent condition, the “cute” factor attracts the kind of money paid here. A fair transaction, considering the quality of restoration. #146-1961 FERRARI 250 GT Series II convertible. S/N 1755GT. Eng. # 1755GT. Avorio Safari/tan fabric/tan leather. Odo: 40,796 miles. The ninth of 200 Series IIs constructed. Restored in 2007 and shown at Amelia Island that year. Minor paint issue on special gauges. Restored in 1984 with numerous awards. Paint and brightwork properly Sports Car Market

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RM Auctions Amelia Island, FL tion of prowess on both road and track. This one was restored in the early ’90s with a recent respray and engine overhaul. Numbers matching with known ownership from new. Minor bolster wear on seat. Otherwise, a stunning 275 GTB/4. Cond: 2+. SOLD AT $1,100,000. The recent respray made the car sparkle, and the elegant styling and performance beg to be flogged on the track. It is rare that I use the terms “one million dollars” and “well bought” in the same sentence, but, in this case, it certainly applies. TOP 10 No. 9 #173-1972 FERRARI 365 GTB/4 Daytona Spyder. S/N 15417. Eng. # 15417. Black/black fabric/tan & black leather. Odo: 38,614 miles. Driven 150 miles since being restored in 2000. One of only 121 produced. Equipped with Berlinetta fourswitch dash. Correct steel inner fenders. U.S. export model with GTB/4 stamping. Ferrari history. Restoration would take away its character and would be an extremely expensive undertaking. But continuing its previous preservation means it’s strictly a display piece. These questions must have entered the bidders’ minds, as the final bid came in well below the seller’s expectations. AMERICAN #132-1929 CORD L-29 Special Coupe. S/N 2927005. Mountain Mist Blue/tan leather/blue wool. Odo: 2,841 miles. 298-ci I8, 2-bbl, 3-sp. Designed by Count Alexis de Sakhnoffsky for The Hayes Body Corporation, this car won several European Concours d’Elegance in 1930. There have only been five owners from new, including Brooke Stevens, who owned it for 50 years. Restored in 1987, it was then entered in TOP 10 No. 5 that was then, but in today’s world, the price paid here was about right for a Duesenberg on a downward spiral. #157-1931 CORD L-29 cabriolet. S/N 2930061. Eng. # FF4834. Yellow & green/Drab fabric/green leather. Odo: 12,840 miles. 322-ci I8, 2-bbl, 3-sp. A spectacular Cord L-29 that has been recognized with a trunkload of awards. Fitted with rare, but correct, FF 322-ci front-wheel-drive engine. Classiche Certification. Equipped with a/c, U.S.-spec rear license-plate frame and Voxson radio. A stunning restoration that is finished in original Nero livery. Cond: 1-. SOLD AT $1,210,000. This was one of the more desirable Daytona Spyders I have seen of late. It sold for strong, but correct, money considering it was equipped with air and restored to perfection. A blue-chip investment. SPANISH #197-1911 HISPANO-SUIZA KING ALFONSO XIII Double Berline. S/N 718. White & black/fabric. RHD. Named after the king of Spain, who had more than 30 HispanoSuizas in his fleet. One of four built. Fitted with Double Berline “seasonal” winter body. Original, but tattered, tapestry interior. Body Twelve-year restoration completed in 2009. Flawless paint and brightwork. Correct drab fabric top. The best. Cond: 1. SOLD AT $341,000. This L-29 Cord sold for a well deserved premium. The only drawback is that it has won everything in sight, so new owner has few options as far as showing the car. I would consider that a good problem to have. Well sold. the Pebble Beach Concours, where it won several awards. Properly maintained since, but now showing minor signs of age. Remarkable design. Cond: 2+. SOLD AT $2,420,000. This car sold at Gooding’s Pebble Beach auction on August 13, 2008, where it realized $1,078,000 (SCM# 117586). Less than four years later, the seller doubled his money. If this result doesn’t confirm the current strength of the high-end Full Classics market, nothing will. Very well sold. #168-1929 DUESENBERG MODEL J Convertible Berline. S/N 2127. Eng. # J103. Silver & black/black fabric/red leather. Odo: 72,305 miles. J103 was the first long wheelbase Model J built, and the first Duesenberg delivered to Canada. One of only three Convertible Berlines built. Originally fitted with Holbrook limo body. History known from new. Older restoration that is showing signs of age. Paint is lacking luster, and wood window #190-1931 PACKARD DELUXE EIGHT Model 840 roadster. S/N 188875. Silver/black fabric/red leather. Odo: 490 miles. Classic Packard lines on a recently restored rumble-seat roadster. Panel fit is excellent and paint is applied to a high standard. Equipped with sidemounts and Pilot Rays. Has chrome stone guard on radiator. Cigar lighter mounted on dash. A handsome and desirable Packard. Cond: 2. NOT SOLD AT $200,000. Final price bid was light by a touch. Another $25k– $30k just might have owned the car, and it was well worth the additional money. This car has timeless styling that will always draw a crowd. The seller was wise to hold on. has been preserved in as-original condition. Fascinating tale of mid-’80s acquisition. Cond: 4-. NOT SOLD AT $575,000. The owner faces a quandary determining what to do with this wonderful piece of automotive 84 trim is worn and chipped. Looks a bit tired. Cond: 3+. SOLD AT $803,000. This was purchased for $1,200,000 by John O’Quinn at the RM 2008, Amelia sale, where it was stated it was correctly priced (SCM# 116085). Well, #189-1931 PACKARD DELUXE EIGHT Model 840 Convertible Victoria. S/N 188233. Eng. # 173560. Tan/brown/brown fabric/brown leather. Odo: 29,712 miles. The 840 discovered in Argentina in 1965 by Ed Jurist. Restored shortly thereafter. Engine number corresponds to a 1929 Packard. Correct Waterhouse styling touches in place. Older restoration now showing signs of age. Rear spares add to flowing lines of the Waterhouse design. Cond: 3. SOLD AT Sports Car Market

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RM Auctions Amelia Island, FL Packard roadster. Perhaps the history adds a bit to the package. #158-1934 LINCOLN MODEL KA con- vertible. S/N KA3118. Maroon/black cloth/gray leather. Odo: 59,333 miles. 414-ci V12, 2-bbl, 3-sp. Restored in 1999 with Best in Class at Meadow Brook that year. Limited use since restoration. Paint and interior in excellent condition. Delightful wood-grain dash. Equipped with dual sidemounts and luggage $154,000. This was last seen at RM’s St. John’s sale in July 2011, where it was a nosale at $230,000. Prior to that, we watched John O’Quinn acquire the car at Gooding’s 2007 Pebble Beach sale for $330,000 (SCM# 46969). At the price paid here, I have to call it well bought, but the incorrect engine is a concern. #156-1933 CHRYSLER IMPERIAL CQ convertible sedan. S/N 7530043. Taupe/ brown/tan fabric/brown leather. Odo: 10,403 miles. Restored in the 1990s with limited use since. The CQ Imperial was Chrysler’s top offering in 1933, and only 264 were produced. Older restoration still presents well, although rack. Only 75 examples produced. An elegant design. Cond: 2+. SOLD AT $192,500. Lincoln KAs usually lag well behind comparable Packards in value. This excellent example sold mid-estimate, but a V12 Packard roadster would have pushed $300k. This is every bit as strong a car, and a relative value, but little appreciation in sight. Well bought. #159-1934 PACKARD TWELVE Model it is showing signs of age. Paint no longer sparkles and brightwork lacking a bit of luster. Jr. Trippe lights in front. A handsome Full Classic. Cond: 2-. SOLD AT $121,000. Price paid was most reasonable for a very presentable open Chrysler that will make a wonderful tour car. Now just go out and drive it. #165-1933 PACKARD TWELVE Model 1005 roadster. S/N 901454. Black/tan canvas/black leather. Odo: 78,512 miles. Sold new by famed California Packard dealer Earle C. Anthony. Interesting history with high-profile owners. Restored in 1968. Has recently participated in several AACA Glidden Tours. Paint showing age with cracking on sidemount Dietrich design epitomizes Classic styling. Thought to be one of three examples remaining. Last seen at RM’s 2004 Meadow Brook auction, where it sold for $1,045,000 (SCM# 34402), resold in 2006. Difficult to turn down $2m for a car, but it was the correct decision in this case. I think it should be worth at least another $300k or so. covers and blemishes on fenders. Leather seats showing wear. A very elegant Packard Twelve. Cond: 3+. SOLD AT $352,000. A stunning car but at a price. Needs a respray and some interior work to return to former glory. At the price paid, I’d would expect a good-to-go 86 #191-1936 CORD 810 convertible. S/N 2037H. Blue/tan canvas/white leather. Odo: 42,473 miles. Known as “Baby Duesenberg” with coffin nose styling. Once owned by Robert Stempel, former president of GM. Older restoration is unwinding. Taillight lense broken. Tan top dirty and bumper dented from possible accident. Chrome worn and losing luster. Faux supercharged exhuast pipes added. Well past its prime. Cond: 3+. SOLD AT $104,500. This is your basic “needs everything” restoration. Has a neglected look that 1108 Convertible Victoria. S/N 110815. Eng. # 902030. Blue/blue fabric/blue leather. Odo: 59,374 miles. An older restoration. New top, brightwork showing age, but paint in remarkable condition for its age. Delightful wood dash. Long list of well-known owners. Cond: 2-. NOT SOLD AT $2,200,000. The custom makes you wonder what was neglected under the hood. A wonderful car when presented properly but many checks will need to be written before reaching that state. #131-1938 LINCOLN-ZEPHYR AA convertible sedan. S/N 86H62727. Beetle Green/tan fabric/tan leather. Odo: 33,216 miles. Subject of an older restoration that has been properly maintained with only minor signs of age. Has recently undergone a mechanical servicing. Unusual body style, and fairly rare considering only 461 were produced. Attractive Beetle Green was a one- year-only color. Powered by the V12 with 3-speed transmission and Columbia 2-speed axle. The V12s have a reputation as being troublesome if neglected, but this one appears to be well cared for. Cond: 2+. SOLD AT $110,000. The final price paid was well below the RM estimates, but was realistic considering the Lincoln-Zephyr is not recognized by the CCCA as a Full Classic. A very nice, and remarkably unique, car, nonetheless. Well bought. #196-1938 PACKARD TWELVE Model 1607 Victoria Convertible. S/N A600378. Black/black cloth/red leather. Odo: 76,801 miles. Known history from new. Older restoration that still shows well from a few feet away. Designed by Dietrich. Has been used for touring and, with juice brakes and independent front suspension, traveling is effortless. Minor paint blemish on driver’s door. Wear notice- able on driver’s seat. Top fits extremely well. Wonderful car. Cond: 3+. SOLD AT Sports Car Market

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RM Auctions Amelia Island, FL $143,000. Only 157 Packard V12s were produced in the next-to-last year for the big engine. Price paid here was most reasonable for a proven tour car that still shows well. Very well bought. #198-1939 LINCOLN MODEL K Convertible Victoria. S/N K9503. Blue/tan canvas/brown leather. Odo: 59,095 miles. An attractive older restoration now needing attention. Brightwork poor, interior worn. Top worn and dirty. Rear window handle on floor of car. One of only two Model K Brunn Convertible driven by Walter P. Chrysler Jr. Mounted on 145-inch Imperial chassis. Only issue noted majority of the original maple and mahogany wood. Hydraulic windows and seat. A very solid example. Cond: 1-. SOLD AT $217,250. Values for Ford Sportsman convertibles have not varied for many years, and a properly presented example such as this should sell in this range. As such, a fair transaction all around. #202-1949 OLDSMOBILE SERIES 76 was worn starter button. Interesting piece of automotive history. Cond: 1-. NOT SOLD AT $1,000,000. This was last seen at RM’s 2009 Amelia Island sale, where it sold for $687,500 (SCM# 119912). Gooding & Co., at their 2011 Scottsdale sale, sold another of the Newports for a touch over a million, and it was not as fresh as the one offered by RM. Based on that sale, the seller here was obviously looking for more. #186-1947 CHRYSLER WINDSOR Victorias built. Cond: 3-. SOLD AT $110,000. This was last seen at the Branson auction in April 2008, where it sold for $79,920 (SCM# 116273). It was then stated to be in rather neglected condition, and considering that nothing was really done since, I would have to call it well sold at this price. It could be a driver as-is, but it deserves a better fate. #175-1941 BUICK MODEL 76C Roadmaster convertible. S/N 14212726. Lancaster Gray/black canvas/red leather. Odo: 28 miles. 320-ci I8, 2-bbl, 3-sp. Numerous awards include Senior Gold at 2011 Buick Nationals. One of 1,845 convertible coupes produced in 1941. Recent restoration has been maintained to a high standard. Passenger’s door out slightly at bottom. Full leather inte- that’s fairly normal. Stated to have been a reliable tour car. Accepted as CCCA Full Classic. Cond: 2. SOLD AT $121,000. The price paid was at the upper end of the scale, but the Highlander interior adds about 10% to the package price. Value should hold, however, if the ash and mahogany veneer is properly maintained. Fair deal for a very unique car. rior. Powered by “Fireball” 8-cylinder engine. First year for fully enclosed headlamps. A very strong presentation. Cond: 1-. SOLD AT $126,500. A strong price for a non-CCCA Full Classic, but this was a strong Buick Roadmaster convertible. The very limited production numbers and the large 8-cylinder engine surely strengthened the cause. All said and done, a fair transaction all around. #192-1941 CHRYSLER NEWPORT Dual Cowl phaeton. S/N C7807503. Champagne/red leather. Odo: 75,925 miles. 322-ci I8, 2-bbl, 3-sp. One of five built, and the actual 1941 Indianapolis 500 Pace Car, as evidenced by the open headlights. Recent restoration to original colors. Once owned and 88 #200-1947 FORD DELUXE Sportsman convertible. S/N 799A16555859. Pheasant Red/tan fabric/red leather. Odo: 343 miles. 239-ci V8, 2-bbl, 3-sp. An older restoration that has been recently refurbished to high standard. Excellent panel fit. The car retains the Di-Noc on dash. An impressive Skylark. Cond: 1-. NOT SOLD AT $117,500. The right car and the wrong time. The market for Skylarks has gone south for the time being, and this well-presented example was caught in the ebb. A few years back, these were selling for $300k-plus, but no longer. The market for these will come back, but it will be a few years in the making. The owner of this beautiful car was certainly justified in holding on to it. #123-1954 KAISER-DARRIN 161 roadster. S/N 161001358. Yellow/yellow Sports Car Market Town & Country 4-dr sedan. S/N 71001912. Red & wood/Highlander tartan. Odo: 81,622 miles. 250-ci I6, 2-bbl, 3-sp. Powered by the anemic 6-cylinder Windsor engine. Equipped with Fluid-Drive semi-automatic transmission. Older AACA first prize. Equipped with twin spotlights, Motorola radio and optional Highlander interior. Trunk fits a bit high, but wagon. S/N 496B5148. Green/wood/red leather. Odo: 72,456 miles. One of 1,545 Series 76 wagons produced for 1949, and less than half had authentic wood trim. In midmodel year they switched to a full metal body with faux trim. This is an original wood-bodied example. Red leather interior shows signs of age and use. Equipped with period sunvisor. Attractive but under-powered. Older restoration with some needs. From the O’Quinn Estate. Cond: 3+. SOLD AT $60,500. This was a middle-of-the-road Olds woodie wagon that sold for an appropriate price. In stellar condition, these can hit six figures, but this one has a ways to go. Fair transaction all around. #174-1953 BUICK SKYLARK convert- ible. S/N 17069423. Black/burgundy Haartz cloth/burgundy leather. Odo: 258 miles. 322-ci V8, 4-bbl, auto. One of only 1,690 produced. This Skylark received a comprehensive restoration in 2008, and has seen very limited use since. Loaded with power everything. Powered by Buick’s first “Nailhead” OHV V8. Excellent paint and brightwork. Minor hood fit issue. Unusual solid burgundy interior. Proper

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RM Auctions Amelia Island, FL vinyl/yellow vinyl. Odo: 57,942 miles. 161-ci I6, 2-bbl, 3-sp. Distinctive Dutch Darrin design with sliding doors and three-position top. First use of fiberglass for an automotive body. Powered by Willys “Hurricane” 6-cylinder engine. Extensive recent refinishing with new interior and chrome. One of 435 constructed. Cond: 2+. SOLD AT $97,350. This was last seen at RM’s Ft. Lauderdale auction in March 2010, sold for $77,000 (SCM# 160115). The long list of needs noted then has been mostly addressed, so hopefully the $20k profit covered the cost of work, fees and transportation. Sold for the going rate, considering condition. #188-1957 CADILLAC ELDORADO Biarritz convertible. S/N 5762084596. Starlight Silver Metallic/black vinyl/red leather. Odo: 2,087 miles. 365-ci V8, 2x4-bbl, auto. Recent restoration to high standard by noted marque specialist. Limited use since completion. Correct Turbine wheels and “batwing” air cleaner under hood. Larger scratch add as much as $50k to the package. This properly restored “Fuelie” failed to gain much traction here and sold for a touch under the money. Well bought indeed. #150-1957 CHEVROLET CORVETTE convertible. S/N E57S103693. Cascade Green/tan vinyl. Odo: 70,832 miles. 283-ci 250-hp fuel-injected V8, auto. Unusual combination of fuel injection and two-speed Powerglide, and fewer than 30 Corvettes were so equipped. Fuel injection was a hefty $440 option in 1957. Car comes complete with optional hard top. Excellent panel fit exceeds factory specifications. Slightly more than 500 stainless steel roof. Miles thought to be original. Paint work noted on trunk. Rear bumper pitted. Very presentable original interior. Missing vanity set, which will be a major quest. Cond: 3+. SOLD AT $99,000. These cars are very rare, and the missing vanity set is even more so. The new owner can very well expect to drop $10k on the item to complete the package. The absolute lap of luxury in the era. Price paid was market correct considering the maintained, but not restored, condition. #117-1959 IMPERIAL CROWN 4-dr hard top. S/N M637103291. Copper Spice/white vinyl. Odo: 38,967 miles. Chrysler’s top-of-the-line in 1959. Loaded with all the goodies. Aftermarket air. Interior trim pitted. White interior dirty. Numerous paint chips, which are surprising as it was stated to have been resprayed in 2008. Dual on trunk. New interior, but door handles are pitted. Engine and transmission stated to have been rebuilt. Impressive Biarritz convertible. Cond: 2-. SOLD AT $156,750. This striking Cadillac was caught in the vortex of declining values of ’50s American iron. A few years back, $200k would have been easily attainable, but today is a different story. I fully expect to see these values rebound eventually, but a few years need to pass. #138-1957 CHEVROLET BEL AIR con- vertible. S/N VC57L139902. Onyx Black/black vinyl/red/silver patterned vinyl. Odo: 122 miles. Frame-off restoration to exacting standards. Excellent panel fit and Onyx Black paint glistened in Florida sun. Options include E-Z-Eye tinted glass, AM radio and spinner hubcaps. Rochester fuel injection developed one horsepower for every cubic inch. A well-presented example. Cond: 1-. SOLD AT $99,000. The 283-hp fuel-injected engine was certainly a rare option and they will often Corvettes left the factory with the attractive Cascade Green livery. Trunk full of awards including multiple NCRS Top Flight certificates. Cond: 1-. SOLD AT $110,000. Rare and unusually optioned Corvettes are always prized commodities at auction. The price reached here was about right considering the awards and trophies. If this car had been equipped with the manual 4-speed, one could expect to add about another $10k to the offer. Market-correct price. #201-1958 CADILLAC SERIES 70 Fleetwood Eldorado Brougham 4-dr hard top. S/N 58P034613. Black/stainless steel/blue & gray leather & cloth. Odo: 53,944 miles. 365-ci V8, 3x2-bbl, auto. These were loaded with every comfort option GM offered, and were priced higher than a Rolls-Royce Silver Cloud. Only 304 produced. Distinctive swivel front seats. Six-way power seating. In need of some TLC. Cond: 3. SOLD AT $33,000. This was last seen at RM’s Robson sale in November 2010, where it realized $34,100 (SCM# 168357). It was stated to be well bought at the time, but the seller took a hit after fees and other expenses. Needs some attentiom to return to its former glory. #130-2002 CHEVROLET CORVETTE Riley & Scott racer. S/N J01. Red, white & blue/black cloth. The Riley & Scott SCCA race car, driven by Paul Newman from 2003 until his last race in 2007. Weighs only 2,680 pounds with 700 horses under the hood. Rebodied and rebuilt in 2007. Cond: 2. SOLD AT $275,000. Celebrity ownership and documented race history are a strong combination, and Paul Newman has almost as much pull as Steve McQueen. It showed in the final price paid here. © 90 Sports Car Market

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Auctions America by RM Ft. Lauderdale, FL Fort Lauderdale 2012 The consignments were diverse, both in terms of automotive variety and price Company Auctions America by RM Date March 16–18, 2012 Location Fort Lauderdale, FL Auctioneers Brent Earlywine & Mike Shackelton Automotive lots sold / offered 388/568 Sales rate 68% Sales total $16,885,165 High sale 1931 Chrysler Imperial CL Sport Phaeton, sold at $341,000 Buyer’s premium 1952 Jaguar XK 120 roadster — sold at $81,400 10%, included in sold prices Report and photos by Phil Skinner Market opinions in italics I n late March, bidders from across the continent and across the Atlantic once again converged on the Fort Lauderdale Convention Center for three days of classic cars. As always, the consignment list assembled by Donnie Gould and the Auctions America team was diverse, both in terms of automotive variety and price. Pre-war Classics have been performing was similarly soft for two dozen Corvettes from a private Texas collection. All were offered without reserve, and most changed hands way under the money. Earning the most was a 1953 roadster, at $176,000 — a strong price, but off the high-water mark seen several years back. What did break the charts was a big, chrome-laden 1959 Cadillac Fleetwood 60 Special. It was superbly restored and went to a new home for $93,500. Interestingly, three extremely rare Dodge Sweptside pickups appeared at this Ft. Lauderdale, FL sale, consigned by three different sellers. All were in superb condition, and all went home to new garages after selling near the $50k mark. While American iron of all genres dominated the high-sale list, there were still a handful of quality European sports cars to be had. A 1956 Jaguar XK 140 sold for well in the market, and results at this sale continued the trend. The top sale was a 1933 Chrysler CL Imperial Phaeton, selling for $341,000. A 1931 Cadillac Imperial V16 Fleetwood limousine brought $143,000, a 1929 Rolls-Royce Phantom II sold for $137,500, and a very unusual 1933 Buick sold for $68,200. The customcrafted limousine wore coachwork from the Bronkhorst shops and had a connection to the royal family of the Netherlands. The second-highest sale was a 1970 Chevrolet Chevelle 454 LS6 convertible at $198,000, but many of the premium muscle consignments failed to sell. Bidding 92 $116,000, a 1958 Mercedes-Benz 220 convertible sold for $90,200, and a well-restored 1979 Porsche 911 Turbo coupe was an excellent buy at $62,700. Going below the $10k mark, a 1967 Lancia Fulvia coupe — in need of restoration, but still solid — sold for $8,800. Perhaps the most interesting detail about this sale was the sheer price range. Whether you came here with a budget of $5k, $25k or $150k, there was a car for you. In this ever more niche-oriented auction world, that’s a refreshing thought. © $5m $10m $15m $20m 0 Sports Car Market Sales Totals 2012 2011 2010 2009 2008

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Auctions America by RM Ft. Lauderdale, FL ENGLISH #770-1952 JAGUAR XK 120 roadster. S/N 672220. Blue-gray/black fabric/red leather. Odo: 57,010 miles. Restored in the early ’90s and holding up quite well. Paint remains deep, chrome shiny, with minor bubbles on front bumper. Door hinges and A-pillars have been replaced, originalstyle Lucas lights look new. Underhood tidy but shows some seepage near the carbs. No BEST BUY Displayed with windscreen down, this was the very picture of speed. Totally worthy of its top-of-the-market final price, and I doubt it could have brought any more anywhere else, even in Scottsdale or Monterey. Well sold and very well bought. #863-1957 MGA roadster. S/N HDL43300150. Blue/black vinyl/black vinyl. Odo: 40,173 miles. Fresh-looking restoration in a very pleasing color combination. Body panels are quite good. Paint well applied, and chrome looks factory-fresh. Interior well presented. Underhood absolutely sanitary, and engine purrs. Car sits level, and everything seems in but gauges are clean and clear. Fitted with vintage Radiomatic AM receiver. Glass shows no issues. No a/c. Showing a few miles of use. Cond: 3+. SOLD AT $29,700. A winner all the way around. The seller prepared the vehicle quite well, the bidders were eager, and the reserve was lifted at $23k. To new owner, well bought. To seller, well sold. sign of side curtains. Cond: 1-. SOLD AT $81,400. Even though it’s been 20 years since restoration, the excellent cosmetics inspired confidence that everything had been well maintained. For the seller, it was probably a bit of a loss. For the new owner, very well bought. One of my favorite cars of the auction. #829-1952 MG TD roadster. S/N TD14676. Ivory/tan fabric/red leather. Odo: 4,264 miles. AACA winner back in ’91, has held up well with deep gloss chrome, clear glass, clean engine compartment and suspension. Minor detail work needed to make it per- order. Cond: 2. SOLD AT $39,500. This car was actually run over the block twice, and was a no-sale on both occasions. After the event ended, however, post-sale negotiations continued, and this price was reached. Final price was a bit over some current price guides, but I believe this was a true indication of a marketcorrect price. #735-1959 BERKELEY SE492 roadster. S/N 74. Pewter metallic & maroon/dark burgundy. Odo: 2 miles. Fresh restoration in modern color scheme. Very straight and well equipped. Underhood tidy but not show-ready. Hubcaps with spinners a nice touch, although one is missing the “B” logo. Tiny proportions limit the real sports-car appeal, but still lots of interest. Cond: 2. SOLD AT $16,500. This car fect, but little things like under-dash wiring are all in order. Cond: 1-. SOLD AT $28,600. Values on these have been on a steady increase for the last decade. Price paid was up there, but as it needs only a grand or two to be top-shelf, I think this was a great buy. #587-1955 AUSTIN-HEALEY 100-4 BN1 roadster. S/N BN1L226364. Light blue metallic/Navy fabric/Navy vinyl. Odo: 17 miles. Better than new. Paint professionally applied with no hint of bodywork. Top not raised, but looks well fitted with nicely detailed bows and boot. Wire wheels gleam, tires look brand new. Cond: 1. SOLD AT $76,450. has been on the market recently for an asking price equivalent to the final bid, with the commission as a bonus. While some of these cars were fairly successful as racers, there are not many places to play vintage racing with this little guy, and not many highways where you could feel safe driving it. At a micro-car club event, however, it could be the honorary 250 GTO. #447-1960 JAGUAR MK II 3.8 saloon. S/N LA10118. White/black leather. Odo: 46,450 miles. Restored a number of years ago, but was freshened in 2007 when entire wiring harness was replaced. Woodwork refinished and stained a bit darker than factory standards, 94 tidy and well kept. The hard top fits snugly with good rubber and headliner. Electrics appear to be working just as designed. Decent ride all around. Cond: 2. NOT SOLD AT $23,000. Interest in these early cars has been building, but the later TR4As, especially those Sports Car Market #496-1960 TRIUMPH TR3A roadster. S/N TS53164L. White/white fabric/red vinyl. Odo: 18,079 miles. No-expense-spared restoration. Color a bit brighter than factory. Despite use of patch panels, sheet metal is all good, and alignment is excellent, which is tough to do with these cars. Top and wire wheels look new. Soft trim done quite well. Underhood neat and tidy but for some minor seepage. Full known history. Cond: 2+. SOLD AT $45,100. Seller was very open regarding the history of the car and the work done, including use of patch panels. It sold bang on the money, according to the SCM Pocket Price Guide. Great car, well bought and sold. #449-1962 TRIUMPH TR4 convertible. S/N CT2966L. Red/black vinyl/black vinyl. Odo: 93,960 miles. Decent paint with no debris and no sign of rust-out or other sheetmetal issues common to these early cars. Driver’s door sags. Seats are firm. The top is folded, but the bows and well area both look

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Auctions America by RM Ft. Lauderdale, FL with the IRS set-up, command the most money. For this car, with the vintage hard top, nicelooking wheels and fairly well done restoration, the bid was in the wholesale range. This was almost too close to call, but I doubt it will draw much more elsewhere. #616-1966 AUSTIN-HEALEY 3000 MK III convertible. S/N HBJ8L31616. Aqua & white/black vinyl/black vinyl. Odo: 7,419 miles. Eye-catching color combo well applied with perfect cut-lines, though not sure it’s 100% correct. Chrome and glass good. Interior fitted out well. No radio installed. Top looks $39,050. This car has been offered for sale recently for $75k, but this price looks much closer to reality, albeit a little soft—at least in North America. Well bought. GERMAN $10,010. TVR ownership can be quite the adventure. Fortunately, the drivetrain is all British Ford, electrics are fairly simple and mechanicals are not too expensive. I think the seller was eager to see it go to a new home, so I’d call it well sold. FRENCH new. Engine rebuilt and detailed. Just as nice below as above. Cond: 1-. SOLD AT $66,000. The unusual color may have hampered bidding, but this still looked ready for show or for go. The well-sorted electrics and mechanicals made this very well bought, with likely future upside. #708-1973 JENSEN INTERCEPTOR III coupe. S/N 1408376. Yellow/black leather. Odo: 9,005 miles. What appears to be the original paint has held up well but could use some attention. Interior also original, front seats looking a tad dry. Retains original AM/FM/ 8-track unit. Some delam on wood dash. Hood release mounted upside-down. Underhood in need of some attention, but would probably #746-1922 CITROËN B2 phaeton. S/N 60168. Eng. # 244S. Green & black/tan fabric/black vinyl. Basically an original car with crummy paint over what looks like a very nice body. Panels in exceptionally good condition, with all doors lining up well. Bright trim and nickel plating dull. No speedometer, but dealer’s tag still attached. Engine all original, metal for body panels, expanded metal painted silver for the grille. Economy motoring at its most frugal. Cond: 2+. SOLD AT $44,000. This little guy actually looked somewhat like a car, and was darn cute. Quite a bit of data exists on this car, which might have helped it find a new home. One expert said anything north of $20k would be a gift. This looks like all the gifts and a cake, too. Very well sold. with plaque for a garage in Holland. Cond: 3. SOLD AT $19,800. This looked like a splendid touring vehicle, and for the price paid, one would be hard pressed to find another. With some time, effort and a little investment (including a more appropriate color, please), the new owner will have something really special. clean up easily. Big Chrysler V8 runs out well. Cond: 3. SOLD AT $17,875. These cars were an oddity when new, and they are an oddity today. I expected this to hit $20k, and the seller was probably even more optimistic. But at this price there’s room for visual improvement and maybe some freshening of the mechanicals, especially the brakes. Well bought. #714-1985 TVR 280I convertible. S/N TV9RF28P8FBDH1054. Eng. # 144922. Silver/black fabric/black leather. Odo: 11,324 miles. Factory paint and markings holding up well. All glass good. Seats supple, dashboard clean, soft trim needs just minor attention. Top likely original, with minor yellowing on back light. Fitted with R134A a/c. Vintage tires on BBS-style wheels will need to be thoroughly inspected before driving. Cond: 3+. SOLD AT 96 #810-1936 PANHARD 6CS Panoramique berline. S/N L585ZE2. Black/tan leather. RHD. Odo: 29 km. Sympathetic restoration of a fairly solid car. Fabulous eye appeal, original Cibie lights, enclosed dual sidemounts, highlight is the curved side windows for the windshield. Interior in pleated leather. Carpet stained by battery box under rear floor. Runs OK despite some blue smoke. Cond: 3+. SOLD AT Bromberg radio. All gauge faces clean and look brand new. Fuchs alloy wheels properly finished. Cond: 1-. SOLD AT $62,700. This car sold pre-restoration for $19,980 at Barrett-Jackson’s 2004 Scottsdale auction (SCM# 32238). The seller’s enthusiasm for the car was strong, and he wanted to get $65k, but he let it go when the money was on the table. Record price for a 1979 Turbo with 96k miles, probably a bit over the market, but condition trumps all. Sports Car Market #595-1979 PORSCHE 911 Turbo coupe. S/N 9309800289. Casablanca Beige Metallic/medium tan leather. Odo: 96,839 miles. Beautiful restoration done by wellknown Florida specialist and offered by a person who knows his car. Paint color is original to the car, application seems alive. Interior brought back to its original quality and appearance, fitted with proper Blaupunkt #460-1952 KLEINSCHNITTGER F125 convertible. S/N 10311420. Red/black fabric/black vinyl. Odo: 40,066 km. A stylish miniature car that has good looks, but little else. Amenities include ashtray mounted to dash. Minor surface scratches in paint, and one hood hinge strap has split. Interior a simple pleated pattern and looks fresh. One of seven known to exist out of an estimated production run of a few thousand. Flimsy sheet

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Auctions America by RM Ft. Lauderdale, FL ITALIAN #188-1967 LANCIA FULVIA Zagato coupe. S/N 818132001131. Red/black vinyl. Odo: 13,269 km. A wonderfully designed and well-built car when new, this one has simply deteriorated over the last 45 years. Paint has extreme orange peel. Interior is intact but needs refinishing. Everything is present under the hood, but is in sad condition. Good glass. AT $20,900. The seller was hoping for something closer to $25k mark, but I think this was probably closer to its real value, with some room for the needed repairs. AMERICAN price paid was probably about half the cost of the restoration, and pretty close to its real value. Very simple to maintain, but metal was of very thin gauge, so the new owner should be careful with it. Well bought. #467-1958 DAVID TRI-WHEELER run- In desperate need of a restoration. Cond: 4-. SOLD AT $8,800. With current market values for top-condition cars around the $30k mark, I would say that this sale was probably a little pricey. With a little luck and non-compensated labor, the new owner has the base to make a wonderfully splendid and well-designed sports car out of this needy example. #739-1982 FERRARI 400I coupe. S/N F101CL39811. Fly Yellow/brown & tan leather. Odo: 16,613 miles. Born dark brown, but color-change repaint well done and fits the car. Original interior holding up. Still has original Becker Grand Prix AM/FM radio with speakers in the doors. Cromodora wheels exist. Street-legal. Cond: 2. SOLD AT $25,300. The large steering wheel was reportedly needed to keep this one-cylinder machine under control. Before it crossed the block, one expert said that another of the remaining six recently sold for $25k, so this must be the market price. show no hits. Engine runs out well. Cond: 3+. SOLD AT $21,450. An entry-level Ferrari, to be sure, but it looked like a decent, well-kept example, bought slightly under the market. Good deal for a Prancing Horse on the hood and 12 cylinders underneath. SPANISH #457-1955 KAPI JIP roadster. S/N A1703R. Lime green/gray vinyl. This miniature Willys Jeep is one of three produced, and possibly the last built. Sheet metal smooth and straight, quite possibly wearing some new panels. Paint very good, as is trim. Very flimsy construction with pull-to-start engine, and is probably not street-legal in most of the U.S. Workmanship is concours quality, and this could be the star of a little cars show. Cond: 2+. SOLD AT $8,500. In the miniature car world, this was probably a great buy. The 98 #503-1959 PTV 250 convertible. S/N 8187198. Red & white/black fabric/red vinyl. Odo: 28,455 km. Flimsy construction, one of five known to survive. Restored a few years back with basic paint and interior. Plate glass windshield, plexi side windows. Some damage on hood trim from contact with windshield frame. Simple underhood in need of cleanup. Odd black rubber stoppers keep vent windows about. S/N 0120595. Red & ivory/tan fabric/tan vinyl. A bare-bones, rather cheaply built vehicle, but restoration well done. Possibly some replacement panels used. Said to be one of 60 produced and six known to #859-1949 STUDEBAKER CHAMPION convertible. S/N G432071. Light yellow/tan fabric/tan vinyl. Odo: 87,166 miles. 170-ci I6, 1-bbl, 3-sp. Nondescript tan paint. Appears to have once been an attractive dark green. Chrome trim fair to good. Glass looks good. Body has no major damage, but does have a few minor dings and nicks. Top is down, but looks like it has many miles on it. Interior looks to have been redone on a very tight budget, and is probably more than 20 years old. Fitted with radio, heater, clock, spotlight, and fog lights. Underhood looks basically untouched, with no detailing. Cond: 3-. NOT SOLD AT $23,000. The color choice did not do this body style any favors. The original green with tan paint and detailed brightwork would have made a world of difference. With a little extra detailing effort, this car could have approached the $40k mark. Seller was probably wise to hold on, but only if the intention is to address some of the issues before trying again. #728-1961 NASH METROPOLITAN coupe. S/N E84831. Black & white/white vinyl & black cloth. Odo: 62,254 miles. 91-ci I4, 1-bbl, 3-sp. Only one here and a decent example. Wears original colors, according to seller. Chrome all bright and shiny, lenses look new, no trace of wiper marks on windshield. from flying open. No reserve. Cond: 2. SOLD Interior done in correct fabrics. Underhood simple and tidy, lower recesses could use some detailing. Runs out well. Cond: 2. SOLD AT $19,250. Despite some past Metropolitan sales above $30k, the price paid for this one was right on the money. Well presented, well sold and well bought. © Sports Car Market

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McCormick Palm Springs, CA The 52nd Palm Springs Collector Car Auction McCormick’s target price point has held steady over the years, with the average price per car hovering just under the $20k mark Company Keith McCormick Auctions Date February 24–27, 2012 Location Palm Springs, CA Auctioneers Jeff Stokes, Frankie Bizzarro, Rob Ross Automotive lots sold / offered 376/514 Sales rate 74% Sales total $6,554,730 High sale 1969 Ferrari 365 GT 2+2 coupe, sold at $105,000 Buyer’s premium 5%, included in sold prices 1969 Ferrari 365 GT 2+2 coupe, sold for $105,000 Report and photos by Phil Skinner Market opinions in italics doubling from a $3m sale to a $6.5m sale. For all three auction sessions, the house was packed to standing-roomonly levels. Collectors and dealers came from as far away as Minnesota to buy and sell under sunny skies. American high-sale honors went K eith McCormick’s long-running Palm Springs auction has grown steadily and quietly during the past 10 years, sold for $52,500. Foreign offerings were less abundant but still performed well across the block. to a 1940 Cadillac Series 62 convertible, sold at $71,925. The car was straight, clean and intact, and considering that it could be worth $90k or more with some serious elbow grease, the buyer did well. Pickups performed strongly, continuing the established trend: A 1957 Ford F-100 brought $68,775, a 1956 Chevrolet sold for $44,100 and a 1959 Chevrolet Apache went for $25,463. A 1969 Dodge Super Bee failed to sell at a high bid of $62,500, making a 1971 Dodge Challenger the most expensive Mopar of the event. It A 1969 Ferrari 365 GT 2+2 was the top sale, at $105,000, eclipsed only by a 1971 Mercedes-Benz 280SE cabriolet, bid to $140,000 but not sold. A 1973 Jaguar XKE V12 convertible topped 28 other Jags here (mostly 1990 and newer), selling for $42,000. Down around the four-figure realm, a 1970 Volvo P1800 coupe with needs sold quite well at $9,555, and a driver-grade 1973 Volkswagen Thing brought $10,762. A mechanically overhauled but cosmetically tired 1969 Datsun 1600 convertible seemed a safe buy at $6,562. Despite the notable high sales and overall growth, McCormick’s target price point has held steady over the years, with the average price Sales Totals per car hovering just under the $20k mark. The auction remains a place where new collectors can score an entry-level muscle car without taking out a second mortgage, alongside seasoned hobbyists making careful additions to their collections. ♦ $1m $2m $3m $4m $5m $6m 0 2012 2011 2010 2009 2008 100 Sports Car Market

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McCormick Palm Springs, CA ENGLISH #179-1959 JAGUAR MK VIII 4-dr sedan. S/N 781592BW. Two-tone gray/red leather. Odo: 66,528 miles. Some repairs in rear wings and rockers. Paint looks fairly fresh. Chrome has been completely gone through, but front grille has some pitting and rust stains. Interior is the highlight, with clean gauges and outstanding woodwork on the dash and garnish moldings. Needs some attention under the hood. Cond: 3+. SOLD AT $16,905. With the looks of a Rolls-Royce and the maintenance costs of a Chevrolet, this car was a rather awesome buy. The price was marketcorrect, and all the hard work had already been done. With its decent mechanical condition, it was also a rather safe buy. #44-1961 AUSTIN-HEALEY 3000 Mk II roadster. S/N HBT7L19297. Black & red/black vinyl/black leather. Odo: 52,260 miles. Older, semi-professional restoration dates back to late 1970s with some recent updates. Body in very good condition. Interior shows signs of use. Top in good condition, but backlight is yellowing. Underhood is clean, but not immaculate. Starts up easily and ap- tive quality. Gauge faces are all bright and clear, but no radio or heater. Very sanitary under the hood. Cond: 1. NOT SOLD AT $64,000. Last seen at Barrett-Jackson’s Scottsdale sale in January 2006, this car was considered very well bought at $56,160 (SCM# 40513). The seller was looking for $70k here, and that price seemed reasonable, if not low. He was wise to take the car back home, and I expect to see it again this year. #365-1962 JAGUAR MK II 4-dr sedan. S/N F221003BW. White/light tan leather. Odo: 3,249 miles. Seller claims to have owned car for 27 years, doing all the restoration work himself. Car has been driven less than 1,000 miles since. Paint is shiny but lacks depth; chrome and trim good. All glass clean and in the value column. Seller was looking for $70k, but most of the dealers in the crowd were hesitant to put much more than this offer on the table. At any time there must be 100 of these convertibles on the market, and competition is tough. Seller was probably wise to hold on for another day. #325-1973 JAGUAR XKE Series III convertible. S/N UEIS24144. Red/black vinyl/black leather. Odo: 57,604 miles. A body-on-frame cosmetic restoration. Paint very good, with a few very small chips in the lower front. Chrome shows deep with no warping. Top fits tight, back light clear. Interior shows no wear, wood very good, seats pears to shift well. Cond: 3. NOT SOLD AT $27,500. For the condition presented, the bid came in a couple of grand shy, even at wholesale. The car really needs a complete cleaning before it hits the block again. With high Price Guide values in the $70k range, there is a lot of room for improvement on this example. #63-1962 AUSTIN-HEALEY 3000 Mk II roadster. S/N HBT7L18410. Red/black vinyl/black vinyl. miles. Fresh restoration from one of the leaders in the industry. Odometer reset to zero, and everything is at or above factory spec. Paint is extremely well done. Top fits perfectly. All lenses are clean and clear. Chrome bumpers have deep reflec- 102 clear—looks like a new windshield. Rubber in generally good condition, weatherstripping supple. Gauge faces clear, dash finish looks factory. Wheels and tires appear new. Cond: 3. NOT SOLD AT $22,750. Fans of these saloons love them: They ride nice, have plenty of power and in their day were potent on the road rally circuits of Europe. With top values breaking $40k, this car deserved at least $5k– $6k more. #116-1964 JAGUAR XKE Series I con- vertible. S/N 879718. Primrose Yellow/tan fabric/saddle leather. Odo: 74,524 miles. Treated to a full restoration. Still has the original Moss “crash box.” Lucas lights all around. Top is tight. Interior is neat and trim. No radio, but does have a heater. Knockoff wheels are clean and true, and tires are fresh. Just a bit of detailing needed under the hood. Cond: 2. NOT SOLD AT $65,000. While the earliest E-types are still very much sought after, the later 4.2L versions continue to reign supreme snug. Wire wheels quite clean. Clean under the hood with what appear to be the original carbs. Cond: 2-. SOLD AT $42,000. Had this been an earlier Series I in such nice shape with half as many cylinders, price would have been double, but this was still a good buy, safely under the $45k–$70k range given in the SCM Pocket Price Guide. #307-1976 TRIUMPH TR6 convertible. S/N CF56811U. Brown metallic/tan vinyl/saddle vinyl. Odo: 66,235 miles. Appears to be wearing its original paint and soft trim, though top is newer. Some wear and tear on the finish, bright trim good, bumpers show some fogging. Glass clear. Driver’s door sags, as does the seat. Cond: 3. SOLD AT Sports Car Market

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McCormick Palm Springs, CA $8,663. With pristine examples pushing the $20k envelope, price paid here was just where it should have been. Well bought and sold. #457-1978 TRIUMPH SPITFIRE con- vertible. S/N FM71059U. Red/black vinyl/black vinyl. Odo: 62,871 miles. Looks fresh and ready to hit the road. Paint said to be about five years old, looks new. Nice soft trim. Rubber trim and seals all fresh and supple. Wears argent wire wheels shod with newish tires. Rack on the back and Union Jack license X4B501471. Pacific Blue/tan leather. Odo: 5,509 miles. Very well preserved. Well appointed with climate-control, navigation system, heated seats, premium sound system, parking sensors, nine-spoke alloy wheels, and fresh, and is fitted with aftermarket, underdash a/c and original Becker AM/FM. Underhood is clean. Original-owner car with invoice, title, documents, books, and manuals. Professional-level workmanship. Cond: 3. SOLD AT $59,325. This was one of the nicest plate complete the very appealing package. Cond: 3+. SOLD AT $5,355. It sold very recently for $4,675 at Barrett-Jackson’s 2012 Scottsdale sale in January (SCM# 194933), so the seller probably broke even after transport costs and commissions. Considering that this sale was in California and this is a post-1976 model, emissions must be kept in original specs and tested bi-annually, which kind of hurts the idea of this being a fun occasional car. That said, I don’t think you can get into a decent running British sports car in this condition for anything less. Well bought. #192-1989 ROLLS-ROYCE CORNICHE II convertible. S/N SCAZD02A5KCX24650. Magnolia/white ColorTex/white leather. Odo: 57,689 miles. Car is wearing at least one repaint. Clean top shows no tears. Some chrome, including the grille, shows some damage from overly abrasive cleaners. Interior looks factory, with tight seats. Fitted with all power amenities. Alpine 6-speed automatic with F1 paddle shifters. Paint shows slight scratches from dry dusting. Windshield and side glass look perfect. Car has been used sparingly. Cond: 1-. NOT SOLD AT $69,000. Seller was looking for something close to $75k, which is about market for these cars in today’s market. In a private sale, where an inspection can be conducted, the higher price might work. GERMAN BEST BUY #294-1970 VOLKSWAGEN BEETLE 2-dr sedan. S/N 1102592076. Dark red/light gray vinyl. Odo: 8,556 miles. A resto-mod that looks pure stock, owned and performancemodified by a former Baja 500 racer. Paint professionally applied, no sign of body damage. Interior looks basically stocked with upgraded gauges. Engine sounds kind of fierce through the dual exhaust. Probably $12k–$14k 280SLs I’ve seen in a long time, and there was a lot of interest from both the tent and the Internet. At this price, the seller can rest assured it will not be abused or driven to death. It was well bought, but I think it was much better sold, and really established a good watermark for the market for this model. #161-1971 MERCEDES-BENZ 280SE 3.5 cabriolet. S/N 11102712003364. Brown/brown/saddle leather. Odo: 44,419 miles. Fully restored. Wears California blue plates issued around 1976. Body is straight, and gaps are all even. Paint has some fairly severe micro-scratches. Chrome is in top condition. Top was replaced in 1997, and looks AM/FM/cassette sound system. Glass is in very good condition. Engine seems to run well. Cond: 3+. SOLD AT $43,050. A goodlooking car that presented well, this car attracted the attention of several bidders. I have seen exceptionally nice examples sell for north of $60k, and the final sale price was a bit of a bargain for the buyer. Seller probably took a pretty good hit. Well bought. #130-2004 ASTON MARTIN VANQUISH coupe. S/N SCFAC233104 invested, from the Weber carb to the sheetmetal work to the soft trim and electrics. Cond: 2-. SOLD AT $4,725. Nothing had been overlooked on this labor of love, and the driver taking it over the block clearly enjoyed the ride. $10k would have been a fair price, and I was shocked when the seller dropped his reserve. This was the best buy in the VW world I’d seen in a long time. #172-1971 MERCEDES-BENZ 280SL convertible. S/N 11304412023315. White/blue fabric/navy leather. Odo: 95,943 miles. Body panels are straight with proper gaps. Chrome is deep and smooth. Hard top fits snugly with clean headliner. Interior is new with the exception of some minor soiling. Fitted with the original Becker AM/FM radio and a/c. Woodwork is in excellent condition. Cond: 2. NOT SOLD AT $140,000. One of the last hand-built Mercedes, this car was restored to its full glory about 15 years ago. The bid was definitely in the right neighborhood, and probably should have been enough to get the deal done. #129-1974 VOLKSWAGEN THING Type 181 convertible. S/N 1842470156. Orange/black vinyl/black vinyl. Odo: 56,640 miles. This car appears to have lived a good portion of its life south of the border, but does have a mph speedo and gauges in English. Has been given an economical, cosmetic restoration. Windshield is good. No radio or heater. Engine bay is greasy and oily. Does run well, and doesn’t smoke much. Cond: 3-. SOLD AT $10,763. Nice examples of VW’s Things have really taken off in the marketplace. This one was not all that nice, but, for its condition, Sports Car Market

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McCormick Palm Springs, CA mostly solid, paint fair, big bumpers. Smokes a little, but seems to run just fine. Factory wheels painted black. Cond: 4+. SOLD AT $2,100. A running convertible for just over $2k. With a little work and luck, it could probably retail at $5k for a profit. Call it well bought. #227-1980 MASERATI MERAK SS the price paid was top of the line. The seller should be quite pleased. ITALIAN #434-1969 FERRARI 365 GT 2+2 coupe. S/N 11199. Black/red leather. Odo: 53,615 km. Early European-delivery car with km speedo. Reported restored around 2005, interior more recently refreshed. Body looks good, but paint is showing its age. Glass clean and clear, doors tight, hood lines up well. Smell of new leather equates to fresh dollars. Equipped with 10-hole Campagnolo wheels, a/c (not working), power disc brakes, power steering coupe. S/N AM122AUS2362. Yellow/black leather. Odo: 23,538 miles. Recently treated to a full cosmetic restoration. Windshield rubbers show some light cracking in the corners. Side glass has no bubbles or cracks. Factory wheels in good condition. Doors open and close eas- very small chips noted in original glass. Interior clean and fresh. Original Cromodoras unmarked. Cond: 2. NOT SOLD AT $57,000. These are widely available and seem to be holding steady just under the $80k mark for nice examples. The seller was right to hold onto this superbly kept example. JAPANESE ily. Interior has minimal wear. Engine bay is clean, but not spotless. Cond: 3+. SOLD AT $24,938. These later SS cars are actually very decent performers. Had this car been a #1, it could have hit closer to the low $40k region. This car was well sold, but also well bought because it has some real potential. #420-1987 FERRARI TESTAROSSA and power windows (including vents). Underhood clean and tidy, with much work in recent years. Cond: 3. SOLD AT $105,000. Repairing or recharging the vintage a/c could cost some bucks, or conversion to modern R134A might be a bit cheaper—either way, this car will need a/c to be enjoyed. Full retail money paid, and I understand this was sold recently by a well-known Ferrari pro for a price quite close to this. So call it marketpriced or slightly well sold. #243-1979 FIAT 2000 Spider. S/N 124CS20155317. White/black vinyl/black vinyl. A complete car, somewhat straight, coupe. S/N ZFFSG17A3H0069531. Red/tan leather. Odo: 17,693 miles. Sold new in the Los Angeles area, and has never seen snow or bad roads, save for the area freeways. Some minor scratching and a few small chips in the paint. Interior exceptionally fresh but for a sun-baked dash. Engine starts easily. Gauges clean and clear with no fading, all plastic #233-1969 DATSUN 1600 convertible. S/N SPL31124403. Silver/black vinyl/black vinyl. Odo: 22,535 miles. Needs some basic cosmetics like paint and some bright-trim work, but major mechanical overhaul recently completed, and car runs out well. Basic steel wheels are kind of rare with factory hubcaps. Cond: 3-. SOLD AT $6,563. These quirky little sports cars were hot and cheap when new, and they’re still not expensive today. This one looked like a smart buy that’s ready to use and enjoy. And if these start to climb in value, the new owner can consider a restoration. #61-1983 MAZDA RX-7 coupe. S/N lenses intact, and no signs of cracking or other issues. Doors open and close easily. Cond: 3+. SOLD AT $44,100. After hitting a slump a few years back, this model is starting to do a comeback. At other venues this might have brought more, as this was kind of cheap even at wholesale levels. Unknown what the seller had into this one, but we can only hope they made a little profit. #412-1992 FERRARI 512 TR coupe. S/N ZFFLG40AN0092084. Red/tan leather. Odo: 17,704 miles. A well maintained SoCal car all its life. Original paint shows absolutely no road scars, even on the lower recesses. A few 106 Sports Car Market JN1FB3311D0757358. Red/black vinyl & cloth. Odo: 54,613 miles. Body shows no signs of damage or repairs, but paint is tired. Soft trim shows age ahead of the miles. Fitted with rear window slats, sunroof, factory AM/ FM/cassette. Instruments are all stock, but a bit cloudy. Accessory wheels with tires show

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McCormick Palm Springs, CA ing light wear. Car has an odor of cheap aftershave. Cond: 3+. SOLD AT $5,775. Compared with most other Japanese imports from this era, the RX-7 remains strong in the market. These cars have plenty of pep and performance, and with Mazda’s recent announcement revamping rotary engine production, interest in cars like these might soon take off. Fair market price. SWEDISH #105-1971 VOLVO P1800E coupe. S/N 184363035256. Red/tan vinyl. Odo: 137,926 miles. While there are no signs of any major damage, the car has a number of small touchups. Glass shows wiper marks, but no major cracks or chips. Front and rear bumpers have been removed. New suspension, struts, brakes, clock. A rare car on the block. Cond: 3. SOLD AT $19,425. This car has been on the market for quite some time, and I have seen it go through several dealers. I hope that this purchase is to a private collection that can give this car its needed attention. Orphans such as Kaisers, Frazers and Studebakers can bring good money if presented right. I think this car, in prime condition, could top the $50k mark without excessive investment. Well bought. #238-1951 PACKARD 200 DELUXE 2-dr sedan. S/N 246210215. Tan & medium green/tan cloth. Odo: 44,601 miles. 288-ci I8, 2-bbl, 3-sp. Although wearing all-new sheet metal for 1951, the 200 was still using a powerplant that was developed before WWII. Fitted with original radio, heater/defroster, and clock. The car looked good but needed some modern V8 and the best steering and suspension available in 1954. Price paid was right in line with market values. Not much room in current condition for a profit, but for a driver and private owner, it could be a lot of fun. Fair deal. #206-1955 CHRYSLER NEW YORKER Newport 2-dr hard top. S/N K559960. Canyon Tan & white/tan & brown vinyl & cloth. Odo: 70,657 miles. 354-ci V8, 4-bbl, auto. No signs of body damage, but lots of patina. Still runs 6-volt electrics. Glass is clean and clear, but with some minor chips on the windshield. Unknown working condition for the clock, radio, or heater. Has working and electrical work. Engine seems to run well but spits a bit of blue smoke on start-up and occasional wisps while sitting at idle. Cond: 3. SOLD AT $9,555. This was a strong sale. In top condition and completely stock, these should be in the the mid-to-high $20k range. Fair deal, with a slight advantage to the seller. AMERICAN #261-1950 KAISER VIRGINIAN 4-dr hard top. S/N KM859834. Indian Ceramic/black cloth/black vinyl. Odo: 87,610 miles. 226-ci I6, 2-bbl, 3-sp. One of 986 produced. In Southern California all its life, without any visible rust. Chrome and trim good but not perfect. Body panels to factory standard. Paint is holding up well. Some minor bubbling on the glass. Top material looks to have been replaced a few years back, and is in good condition. Engine runs well with no excessive minor detailing all around. No signs of body damage, rust, or bad chrome. Cond: 2-. SOLD AT $11,288. Only dedicated Packard fans have a real affection for these cars, and even some of the best examples will find themselves in the bargain column. I would say this was a lucky sale and a very good buy—one that should be driven and enjoyed. #132-1954 MERCURY MONTEREY 2-dr hard top. S/N 54LA21730M. White/burgundy & white vinyl. Odo: 32,540 256-ci V8, 2-bbl, auto. Given a complete cosmetic restoration on a very tight budget; many shortcuts evident. Body is solid but has some minor alignment issues. Chrome and brightwork need attention. Plastic lenses have minor crazing, wiper marks on the windshield. Seats have no resemblance to what the factory installed. Fitted with original radio, heater/ power steering and brakes. Cond: 3. SOLD AT $18,113. These pre-Exner Chrysler products have languished for decades, but nice, original examples have started to take off recently. The C-300s are now over the $100k mark, and other models are gaining ground, too. In premium shape, this car could approach $50k. Very well bought. #207-1958 LINCOLN CONTINENTAL MARK III convertible. S/N H8YG421991. White/black canvas/red leather. Odo: 62,345 miles. 430-ci V8, 4-bbl, auto. Quality restoration is only a few years old. Little things done right, such as the logo embroidered on the C-pillar of the soft top. Has the correct taillights and proper wheelcovers. Loaded with smoke. Transmission and clutch are reported to be very tight. Fitted with factory radio and 108 defroster, and a long list of new parts installed less than a year ago. Cond: 3. SOLD AT $18,900. It was a medium-priced car with a extras such as power steering, brakes, windows, seats, and radio antenna. Basic AM radio and heater/defroster, but no a/c. Engine runs well without any signs of smoke, and transmission shifts smoothly and quietly. Cond: 2+. SOLD AT $57,750. While Cadillac convertibles from this era are hitting $150k, with Imperials not far behind, these expensiveto-restore Lincolns just seem to languish. Very well bought. Sports Car Market

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McCormick Palm Springs, CA #202-1959 FORD COUNTRY SEDAN wagon. S/N C9RR116959. Light blue & white/white & blue vinyl. Odo: 66,302 miles. 292-ci V8, 2-bbl, auto. California car that has been restored, with a few shortcuts taken on the interior. No signs of rust or accidents; glass is in very good condition. Chrome and trim have been replated or polished, and all lenses and lights are in good condition. Fitted white/blue vinyl & cloth. Odo: 54,587 318-ci V8, 2-bbl, auto. One repaint in original color, but basically unrestored. High-quality repaint, but not down to bare metal. Soft trim is all factory and very well preserved. Fitted with original radio, clock and heater. Also has the push-button Torque-Flite, which was a big plus for space-age car buyers, and still a lot of miles. 283-ci 230-hp V8, 4-bbl, 4-sp. Freshly restored but showing light patina on paint and chrome trim. Door and hood fit are good, gaps are even. Soft top is smooth, but the backlight is showing some minor scratching. Plastic with power steering and brakes, signal-seeking radio, and period aftermarket a/c that reportedly still works. Headliner does have some minor issues. Has the hard-to-find, original third seat pads. Underhood is in need of detailing. Cond: 2-. SOLD AT $23,625. Station wagons continue to be strong performers. If the market continues to perform well, however, this could turn out to be very well bought. #478-1960 DODGE DART Pioneer 2-dr hard top. S/N 5202112664. Blue & fun today. Chrome is above average, but not perfect. Some clouding on stainless and aluminum trim. Cond: 3+. SOLD AT $18,113. This car sold at this same sale on November 19, 2005, for $22,050 (SCM# 39893). For the condition presented, the seller should be very happy with the final net. This is a car that appeared to need nothing, so the new owner should be able to perform a simple mechanical check-up and then hit the road or show circuit. #237-1961 CHEVROLET CORVETTE convertible. S/N 10867S101641. Red & white/black vinyl/black vinyl. Odo: 54,090 lenses and badges are clear with no crazing or cracks. All options, like radio and clock, are reportedly in working order. Cond: 3+. SOLD AT $38,500. This car was last seen at this very sale on November 18, 2011, where it was a no-sale at $38,000 (SCM# 195600). Straight-axle Corvettes seem to sell well despite their condition, and this example was better than many I’ve seen recently. Purchased right at current market value for condition and equipment. #390-1962 CHEVROLET CORVETTE convertible. S/N 20867S111811. Roman Red/white vinyl/red vinyl. Odo: 87,581 miles. 327-ci 340-hp fuel-injected V8, 4-sp. Paint is decent, but showing some patina. Chrome is clean but has light scuffing on the front bumpers. Grille is straight and level, and plastic lenses are not crazed. Includes optional hard top, but back glass is showing a bit of stress and is a little cloudy. Interior is appointed with original radio, clock, heater. Cond: 2-. NOT SOLD AT $47,000. The seller didn’t appear to be overly anxious to move the car, which he valued as a #1 condition Fuelie Corvette. Bidders were looking at something on the low side of a #2. Correctly bid. #167-1962 CHEVROLET IMPALA con- vertible. S/N 21867B128349. White/black canvas/tan vinyl. Odo: 61,088 miles. 327-ci V8, 4-bbl, auto. Fully equipped with power steering, brakes, windows, and top, AM radio, heater/defroster and clock. Claimed to be all original, including top, but the top may be an original GM-issued N.O.S. piece. The rear 110 Sports Car Market

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McCormick Palm Springs, CA Cond: 2-. SOLD AT $19,163. These big, heavy-duty Fords have been growing in popularity, but not as dramatically as the Chevys of the same era. This car was straight, had good glass and ran well, but the seller reportedly was looking for something closer to the $25k mark. I would still call it better sold than bought. window is near crystal-clear, while back seat looks fully sun-baked. Paint could be original. Cond: 3+. NOT SOLD AT $48,000. This was a more-than-fair offer for a decent but not exceptional car. These early 1960s Impalas are hot, but there is a limit. For this one, it was $48,000. #49-1963 CHEVROLET CORVETTE coupe. S/N 30837S109757. Black/black vinyl. Odo: 11,825 miles. 327-ci V8, 4-bbl, 4-sp. A pretty decent example of a resto-mod splitwindow, but will probably never be a candidate for top awards. New restoration features many aftermarket engine and suspension parts. stalled. Swirls in the paint. High-rise hood has been added, but no major engine modifications. Aftermarket audio system. Cond: 3. SOLD AT $22,838. For someone looking to just have fun playing with an older C3 Corvette, this was the perfect ride. Seller made a good decision to let her go. Well sold. #463-1969 CHEVROLET CORVETTE minor adjustment. No sign of stress cracks. Lenses are clean and clear, top is tight. Interior looks good, gauges are quite clear, and interior chrome is bright. Cond: 2-. SOLD AT $51,450. The modern a/c would hurt the value for someone looking for NCRS honors, but for someone looking for a cool ride in a cool car, you couldn’t get any better. Well bought. No major body issues. Glass in good condition, wheels fitted with modern radial tires and spinner wheelcovers. Cond: 3+. NOT SOLD AT $50,500. A fair amount of money wasdropped in the resto-mod rebuild, but the seller was looking for something closer to $55k. The interest in this car appeared to be coming from fellow dealers, and not a collector. Offer seemed about right. #240-1964 FORD GALAXIE 500 XL convertible. S/N 4E69Z221586. Medium blue metallic/navy fabric/medium blue vinyl. Odo: 86,902 miles. 390-ci V8, 4-bbl, 4-sp. Well appointed with a/c, power steering, power brakes and power top with glass back window. Seats appear to be wearing the original fabric and pattern. Top bows are in need of attention. proper FoMoCo marks. Underhood is clean and properly restored. Little details like the hood ornament really set this apart as one of the prettiest Falcons I’ve ever seen. Cond: 1-. SOLD AT $19,950.This Squire was an outstanding car with few, if any, flaws, and I really thought the bidding would approach the $25k mark. Very well bought indeed. 112 #230-1965 FORD FALCON Squire wagon. S/N 5H26C111080. Rangoon Red & wood/red and white vinyl. Odo: 49,645 miles. 289-ci V8, 2-bbl, auto. Equipped with factory a/c, push-button AM radio, and power steering, but no power brakes. Delivered new in Southern California, now restored to stock appearance. Doors open and shut nicely. No sign of major body work. All glass carries around with clear taillights, but one brakelight is not working. Engine sounds strong without vibration. Cond: 3+. SOLD AT $21,000. This was about as basic a C3 Corvette as you could wish for. The color really represents the era it was born in, and with the Rally wheels and low silhouette, it’s no wonder that 1969 was a hot year for these cars. I would call this car extremely well bought. #319-1969 FORD MUSTANG Grande coupe. S/N 9F01H122793. Brown metallic/black vinyl/black vinyl & cloth. Odo: 66,419 miles. 351-ci V8, 2-bbl, auto. Sheet metal lines up well, paint has some minor debris, and the underside is pretty clean. Base AM radio, factory a/c. Marti Report included. Sports Car Market coupe. S/N 194379S734632. Daytona Yellow/black vinyl. Odo: 67,988 miles. 350-ci 300-hp V8, 4-bbl, auto. Repainted in the original color, some overspray is visible on the soft trim and undercarriage. No signs of stress or alignment issues on the body, but the driver’s door doesn’t close very easily. Hood lines up perfectly. Appears to have original seats, but with some wear showing. Good glass all #196-1965 CHEVROLET CORVETTE convertible. S/N 194675S106962. Nassau Blue/black vinyl/blue vinyl. Odo: 68,205 miles. 327-ci 250-hp V8, 4-bbl, 4-sp. Features a late 2011 body-off rebuild of numbersmatching L79. New R134A a/c system, teak wheel, factory AM/FM, knockoff wheels with Redline tires, and sidepipes with interesting discoloration. Gaps very good, but hood needs #151-1969 CHEVROLET CORVETTE convertible. S/N 194679S704472. Red/black vinyl/saddle leather. Odo: 44,083 miles. 350-ci 300-hp V8, 4-bbl, auto. A lot of work appears to have been done on this car sometime during the early 1990s. Major stress cracks noted near the right A-pillar. Soft trim looks factory in

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McCormick Palm Springs, CA Glovebox Notes 2012 Cadillac SRX AWD Performance Collection A brief look at cars of interest that have passed through the SCM garage. HHHHH is best. ates smoothly. Soft trim is sun-baked, paint has faded through to the primer, and, in many areas, has surface rust coming up. Cond: 4-. SOLD AT $2,625. At this price, if it ran, it was a steal. Sad thing is that to bring this car up to even a #3 condition vehicle, you are looking at investing at least $15k, and then you might have a car worth $12k–$13k. #106-1986 CHEVROLET CORVETTE Price as tested: $48,610, 300-hp 3.6-L V6, 6-speed Automatic, Sport Suspension w/ Stabilitrak, Limited Slip Differential, Bose Audio System, Rainsense Wipers, Ultraview Power Sunroof. EPA mileage: 16/23 Likes: Smooth, quiet ride. Comfortable, spacious leather interior with wood paneling. New 308-hp 3.6L V6 makes very satisfying noises while accelerating. Performance model comes with a superb Bose audio system, with intuitive navigation system, iPod/USB interface and Bluetooth pairing for mobile devices. Rainsense wipers are an excellent feature in the Pacific Northwest. Good storage space. Instrument panel stylish. Dislikes: Whether changing the radio station or hitting the gas, there’s a notable pause before anything happens. Brakes are quite unresponsive, and the automatic transmission seems rough and has difficulty keeping up. Styling evokes visions of Megatron from Michael Bay’s “Transformers” franchise. Ground clearance is nearly nonexistent. Fun to drive: HHH Fun to look at: HH½ Overall experience: HHH Verdict: It’s hard to pin down problems with the SRX that aren’t problems with the entire crossover genre. There are contradictions everywhere. The 308-hp V6 makes a beautiful sound, but it’s lugging around one of the heaviest crossovers on the market. The styling borrows from the sportier CTS line, but the performance doesn’t. The SRX doesn’t offer any of the benefits of an SUV either, but highway driving is a comfortable experience. In effect, the SRX is a great high-end minivan, but it’s an expensive choice in a crowded field. — Bryan Wolfe Cond: 2-. NOT SOLD AT $8,600. The Grande wasn’t a performance package, and was strictly for appearance. Seller was hoping to net somewhere close to the $10k mark, but I think the bid offered sounded about right. #277-1973 CHEVROLET CAMARO Z/28 coupe. S/N 1Q87T3N110034. Dark blue & black/black vinyl. Odo: 48,521 miles. 350ci V8, 4-bbl, auto. One repaint holding up quite well in its original colors. Numbersmatching drivetrain. Engine sounds quite strong, with no smoking issues. Miles believed original. Considering the car hails from Lincoln, NE, it may have had some rust re- authenticity. Equipped with AM/FM/cassette, power windows and locks, a/c, and polished wheels. Well maintained with no damage on the body or signs of any touch-ups. Cond: 3. NOT SOLD AT $22,000. Not sure how much the seller is expecting, but a bid of three times the base book value seems like a deal worth making. #333-1993 CHEVROLET CORVETTE paired, but body panels look smooth. Cond: 2-. SOLD AT $25,463. These early secondgeneration Camaros are really starting to catch on with collectors. There are a lot of nice examples out there, so take your time and choose a winner like this car. Considering the winning bid was probably less than the restoration expense, not to mention the rising value, I will call this one well bought. #48-1973 OLDSMOBILE DELTA 88 convertible. S/N 3N67H3M500512. Red/white vinyl/brown vinyl. Odo: 12,813 miles. 350-ci V8, 2-bbl, auto. Solid body, but lots of miles on the clock and appears to have lived a very hard life, with little or no cosmetic maintenance—one can only hope its mechanical condition is no worse. Top oper- scratches from dry dusting. All options are reported to be working. Top and interior are very clean. Includes original sales literature and maintenance documentation. Cond: 2. NOT SOLD AT $21,000. Of the 2,043 Ruby Red 40th Anniversary convertibles produced, it seems like 2,000 of them are on the market at any one time. This offer should have been taken. © 40th Anniversary Edition convertible. S/N 1G1YY33P2P100774. Ruby Red/tan cloth/Ruby Red leather. Odo: 36,780 miles. 5.7-L 300-hp fuel-injected V8, auto. Wearing its original paint. Car appears to have been driven, enjoyed and very well cared for. Paint looks deep, but does have a number of micro- coupe. S/N 1G1YY0780G5114125. White/black vinyl. Odo: 55,278 miles. 350-ci 230-hp fuel-injected V8, auto. The only standout feature is that its original owner was longtime “Tonight Show” host Johnny Carson. Sale includes autographs and a certificate of 114 Sports Car Market

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Bonhams Oxford, UK The Oxford Sale Although it was a small sale, it was perfectly formed, if you go by the astonishing 100% sale rate Company Bonhams Date March 3, 2012 Location Oxford, U.K. Auctioneer James Knight Automotive lots sold/offered 58/58 Sales rate 100% Sales total $1,876,261 High sale 1961 Ferrari 250 GTE Series 1 2+2, sold at $160,598 Buyer’s premium 1935 Bentley 3½ Litre Sports Saloon — sold at $80,315 Report and photos by Paul Hardiman Market opinions in italics popular. And although it was a small sale, it was perfectly formed, if you go by the astonishing 100% sale rate that included one vintage caravan, one RV and one trailer. Within the packed sales room, many were there B for the star lot, the barn-find Ferrari 250 GTE 2+2 Series 1. Once owned by movie producer Dino de Laurentiis in Italy, the 1961 coupe came to the U.K. in 1965, but was last taxed 10 years later with just 48,700 km recorded. It was rediscovered in November 2010. Complete and restorable, the $160,598 that chassis 2647 fetched should hopefully prevent it from being chopped into another 250 GTO replica. It sold to a U.K. buyer on the telephone, who beat seven other phone bidders, two more who had submitted earlier bids, two more online and four live bidders in the room. The crowd was bolstered by American car fanciers as a group of mostly Packards from the Lovedown Collection went under the hammer, all at no reserve. The top price of the group went to the 1951 250 Series convertible in driving condition, which sold for $23,729. A rare 1958 Hawk Supercharged coupe (minus its blower) 116 onhams sold every car it offered at its third annual sale just outside Oxford. This out-of-town venue, its first major U.K. auction of the season, is always made $7,849 and a 1959 Lincoln Continental convertible fetched $15,515 against an estimate of $24k–$32k. But the Collection’s Hillman Imp van, in only fair condition, fetched retail money at $4,381, and its charming 1926 Bertram Hutchings Voyageur caravan more than doubled its estimate to reach $18,253. Other notable sales included a 1966 Citroën DS21 Decapotable by Chapron, fitted Oxford, UK with a replacement chassis, which fetched $87,616 after a deal on it fell through at Bonhams’ December sale at Brooklands. The ex-EA Stafford East 1929 Frazer Nash Sports with an AC engine, dragged out of storage last year, made the expected $85,791, and two restoration projects well surpassed their estimates: a 1937 Derby Bentley 4¼ with drophead coachwork by Vanden Plas, in need of a complete restoration, achieved $91,267 against a $40k–$47k estimate, and a 1938 Lea-Francis 12-hp Sports Roadster first owned by company MD Charles Follett, and possibly a runner but whose Carlton coachwork is now best described as “crunchy,” made $46,546 against an expected $24k–$32k. Back to the mainstream, two E-type con- vertibles made strong money: the ex-Elton John 1965 4.2, which sold for $130,376, and an upgraded 1966 car in pristine condition, which raised $144,598. High prices and a total sell-out must only be good for the market, as Bonhams looks forward to its annual fixture at the RAF Museum, Hendon, on April 30. © Sales Totals $1.5m $2m $.5m $1m 0 Sports Car Market 2012 2011 2010 2009 15% on the first $47,617, 10% thereafter, included in sold prices ($1 = £0.63)

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Bonhams Oxford, UK ENGLISH #347-1929 FRAZER NASH SPORTS special roadster. S/N N/A. Green/black vinyl. RHD. Odo: 355 miles. A well known car, believed based on 1925 Fast Tourer chassis #1055, but highly modified by owner in the late ’70s. Replacement chassis from a 1950s AC “six,” replica bodywork, custom dash. AT $91,267. This would potentially break $200k once it’s set right, but will probably take at least $150k to do. It sold for twice the $40k estimate, so someone thinks it’s worth a shot. #343-1938 LEA-FRANCIS 12HP sports roadster. S/N 52. Red & cream/black leathercloth. RHD. Odo: 79,517 miles. The first 12-hp made by the Lea-Francis company in 1938, raced by company boss Charles Follett. Body sits fairly straight but needs much structural work. One lamp dinged, all plating and instruments corroded, seat coverings falling The money here came close to that asking price, so seller must be pleased. Fair deal both ways. #344-1935 TALBOT AU65 tourer. S/N 31774. Eng. # AU412. Green/beige leather. RHD. Odo: 32,091 miles. Essentially a renamed 14/45, with better performance than its small engine size suggests. Tidy, straight and shiny, with circa-1960 body. All chrome and Unused since 2006 and now slightly tatty, with some surface rust in places and a repair to radiator surround. Cond: 3-. SOLD AT $85,791. A decent TT replica is now around $160k, so this bitsa—replica is probably more accurate—felt right at half the price. A fair deal all round. #330-1933 MORRIS ISIS coupe. S/N 6027. Eng. # JJ16243. Red/black Rexine/red leather. RHD. Odo: 1,619 miles. Body and paint are a little tired but not bad; few ripples here and there in the sheet metal. Nice interior. Engine rebuilt not long ago. Fitted with a plating good, dash and instruments good. Leather slightly creased and grubby. Modern temp. gauge. Motor recently rebuilt. Cond: 2-. SOLD AT $43,808. Saloon versions of these (which this one very likely once was) go for about half this, so I’d say fairly bought for a handsome and appealing British open sports tourer with no needs. weird set of trafficators, plus flashers front and rear. Cond: 3. SOLD AT $21,904. “Buy for 10 ($16k) and retail for 20 ($32k),” said one dealer, talking pounds sterling. It went for not much more than that, so expect to see it advertised at a huge mark-up soon. #336-1935 BENTLEY 3½ LITRE sports saloon. S/N B68DG. Eng. # R2BL. Blue & black/blue-gray leather. RHD. Straight and shiny, although color possibly a little too bright. Good chrome. New leather and carpets. Sliding roof still works. Belgian-registered, but should be able to claim previous English number back. Motor has original-type Bakelite coils. Cond: 3+. SOLD AT $80,315. I sampled this recently when the seller (a dealer) was asking $83k, so I can tell you it drives well. 118 toms. One small ding in radiator shell. Most of interior newish and unworn. Fitted with nice set of Bi-Flex lamps. Motor clean and tidy with no leaks, plus electric fan and still with correct Wilson pre-selector gearbox. First owned by Rupert Riley, the factory’s competitions manager. Cond: 3+. SOLD AT $34,226. The dealer who had this for sale for most of Sports Car Market #333-1937 BENTLEY 4¼ LITRE drophead coupe. S/N B197HM. Green/green leather. RHD. Barn find that needs everything, off the road since 1960. Odo unreadable due to dust and decrepitude. Engine said to turn, though the declared worn hub splines will be the least of your problems. Cond: 4. SOLD apart. But it was reportedly rewired four years ago, and the later 1,767-cc 14-hp motor is all there with newish battery, so it might have been running recently. Cond: 4-. SOLD AT $46,546. Sold for considerably more than anticipated, so rarity and provenance spoke loudly here. Given that restoring it will likely cost at least $100k, any upside is a long way off. Call it a brave spend to preserve a bit of history. #332-1938 RILEY 12/4 tourer. S/N 28A7479. Eng. # 384715. Green & black/black canvas/green leather. RHD. Odo: 2,999 miles. Originally an Adelphi 1½-liter saloon, fitted with this Lynx-style body when the car was restored from a barn find in the ’80s. Generally good appearance, good paint and chrome, although door fit is out at the bot

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Bonhams Oxford, UK 2011 was asking $52k when I sampled it at 2,990 miles, and he had tidied it up since then. A real Lynx would be more than twice this price, so maybe that’s why the dealer who bought it thought he’d try marking it up to $45k. If he’s more patient than the first dealer, I expect he’ll get at least $40k for it. #359-1952 JOWETT JAVELIN sedan. S/N EIIPD19443. Eng. # E2PD22380D. Black/red leather. RHD. Advanced flat-4-powered sedan, laid up for 40 years, now a shabby, crumbing resto project. It all looks to be there, though. Peeling dash and cracked leather are probably savable. Comes with original instruc- TS79545ME. Navy blue & yellow/black mohair/blue leather. Odo: 8,091 miles. Overrestored in the U.S. to impossibly high standard at significant expense. Fitted with new chassis and tub (available from the factory) and lots of shiny bits, including Pertronix electonic ignition, tri-bar headlights and a very the sale, but still sold higher than expected, suggesting a still lingering celebrity effect today. desirable trio of Heuer rally clocks on the dash. Formerly owned by the Vought family, of aircraft fame. Cond: 1. SOLD AT $93,044. Sold for about twice the usual price, but for less than the restoration cost. I’ll call it a fair transaction but not a particular bargain. #337-1964 BENTLEY S3 Continental tion book and maintenance manual. Odometer not readable. No reserve. Cond: 4. SOLD AT $3,286. Expected to sell for only a couplehundred quid (perhaps as a parts car for the more desirable Jupiter), this kept going to 10 times that. Final price was about the value of its nice registration number. #327-1953 BENTLEY R-TYPE shooting brake. S/N B83TO. Eng. # B41T. Two-tone cream/beige leather. RHD. Odo: 64,155 miles. Converted from a standard steel sedan in the early ’60s by Collett, last painted in the ’90s after accident damage. Holding up well, but with a few small bubbles. Original beige leather appears to have been painted in the Good and solid underneath. Beautifully burnished and creased leather. Cond: 2. SOLD AT $76,664. This was let down by a slightly substandard paint job—stripping it off and doing it right is going to take another $15k— and the age-indeterminate Q plate (which is there forever) didn’t help it either. Price paid was fair, considering. past, now creased and cracked. “The property of a titled gentleman.” Cond: 2-. SOLD AT $87,616. Britain’s Old-Money rich tend to be cash poor, stereotypically, with huge crumbling country piles to look after, so I didn’t assume the above statement meant this was well cared for. Rarer than the more common Radford-bodied cars, but less elegant. Well sold. #326-1960 MORGAN PLUS 4 Super Sports roadster. S/N 4669. Eng. # 120 #338-1965 JAGUAR XKE convertible. S/N 1E1256. Eng. # 7E40989. Red/black/black leather. RHD. Odo: 52,856 miles. 30-year-old paint now a little bubbly in places with some swirl marks. Body straight, rockers and floors solid. Leather lightly creased with a few cuts in seat tops and speakers chopped into rear bulkhead. Motor slightly grubby and oily. Owned by Elton John 1987– 2001. Cond: 3+. SOLD AT $130,376. This was sold by Elton John at Christie’s London in 2001 for $113,858 (SCM# 23704), then offered at Christie’s 2007 Rétromobile auction, where it no-saled at $82,189 (SCM# 44306). This was not as nice as the other E-type roadster in coupe. S/N BC156XC. Lilac & gunmetal/red leather. RHD. Odo: 5,762 miles. Restored 2004–08. Repainted with windows in, 2011. Door color doesn’t quite match, and it’s slightly orange peeled. Chrome all good. Straight body, slightly variable door gaps. steel exhaust. Looks outwardly standard other than modern tires, with excellent fit and finish. Leather has been left pleasingly worn-in and cracked. Cond: 1-. SOLD AT $144,598. You couldn’t repeat this build for the sale price, although you could probably cover the cost of a rough car and the upgrades. Well bought. #328-1969 JAGUAR 420G sedan. S/N G1D55946BW. Eng. # 7D587378. Dark blue/gray leather. RHD. Good paint and chrome. Original leather nicely cracked and creased, very good dash, instruments and headliner. Gearbox blown, though said to still #342-1966 JAGUAR XKE convertible. S/N 1E1555. Eng. # 7E89719. Primrose/black leather. RHD. Odo: 75,427 miles. Massively rebuilt and upgraded at a cost of around $100k. Lots of new metalwork in structure, now straight and rot-free. With Pertronix electronic ignition, alloy radiator and stainless select reverse. The 420G is a facelifted Mk X, said to have the widest rear seat of any British car. Cond: 2. SOLD AT $13,142. This was almost a bargain, as the proper price for one of these is $16k-plus, and fixing the BorgWarner 3-speed isn’t a viciously expensive job. Sports Car Market

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Bonhams Oxford, UK #357-1972 ROVER 2000TC sedan. S/N 44616124B. Eng. # 44067185A. White/tan leather. RHD. Odo: 78,402 miles. Late-ish P6 in good order and recently refurbished, now with electronic ignition. Good, straight and rot-free. Paint quite new, brightwork all good, motor tidy and clean. Good inside, leather slightly baggy up front. BEST BUY and big motor. Converted in 1996. Straight and fairly tidy, with a few small paint chips. Leather lightly creased and worn on driver’s side. Said to have been part of the Royal Fleet before conversion. Cond: 2+. SOLD AT $30,118. This was reportedly bought at Bonhams’ 2008 Goodwood sale for $22k. Seller made a profit, but as the cost of conversion recedes further into the distance, this looks pricey for an old XJS. FRENCH #334-1922 AMILCAR CC torpedo road- In first ownership until 1994, with only 4,500 miles covered since. No reserve. Cond: 2-. SOLD AT $3,286. A labor of love, on which the last owner almost certainly lost money. These sold to the middle-aged when new and have never been fashionable, but they’re quite good—an ideal starter classic. #339-1981 ASTON MARTIN V8 Vantage coupe. S/N V8SOR12316. Eng. # V5802316V. Metallic blue/beige leather. RHD. Odo: 58,815 miles. Most paint is shiny, but peeling in places and covered in blemishes. Rockers have had some welding, alloys uncorroded. Front leather lightly creased. complete, still with Pegasus radiator mascot and instruments. Interior vinyl is not split or worn through. Cond: 4. SOLD AT $17,341. It did well to reach this money, as one in good condition would be worth maybe $25k. If it were a CGS, it would really have been worth something. A worthy VSCC contender, though, and should be a relatively straightforward rebuild. Vantage-spec V8 (good for about 50 hp more than standard) is dull, but no obvious leaks from quartet of Webers. An elegantly dessicated old monster. Cond: 3-. SOLD AT $76,664. Quite strong money for an average V8, even if it is a Vantage. If it just needed paint, fair enough, but it’s never just paint. #346-1985 JAGUAR XJS H.E.Lister convertible. S/N SAJJNACW3CC123391. Black/black mohair/cream leather. RHD. Odo: 6,471 miles. XJS on steroids, with flared body #324-1966 CITROËN DS21 Decapotable convertible. S/N 4460056. Eng. # 0572006063. Gold/black leather. RHD. Odo: 84,471 miles. Very cosmetically original-looking and bordering on tatty, but has a replacement engine, later 5-speed gearbox (offered in the saloon from 1969) and a replacement chassis, said to have come from a Safari. Thought to be one of only 50 RHD cars made. In this ownership since 1968 and enthusiastically ster. S/N 1799. Blue/red vinyl. RHD. km. Acquired from a London mews as a project in 1984 and stored in a barn in Suffolk since. Model not named in catalog, but probably a CC—chassis plate says “Serie 11.” Presented as an incomplete project, with no documents and a cracked engine block. Otherwise largely a screaming deal then. Top original Decaps approach $160k. GERMAN #349-1992 MERCEDES-BENZ 190E sedan. S/N WDB201035F586105. Eng. # 10299020000826. Almandine/black leather. RHD. Odo: 72,489 miles. Not our usual fare, but included here because of its super-original condition (although it was painted in 2008), and thick history file. No scuffs or scrapes, leather hardly worn. Equipped with rare man- ual transmission too, and sold with its original 15-inch wheels, refurbished. Cond: 2. SOLD AT $12,777. ’80s and ’90s performance saloons—M5s, Quattros and the like—are enjoying a bit of a revival, but to get the money, they’ve got to be squeaky clean with cast-iron history. Retail on this excellent example would be about $16k, so the buyer did well. ITALIAN #348-1961 FERRARI 250 GTE 2+2 coupe. S/N 2647. Eng. # 2647. Silver/red leather. Odo: 48,700 km. First sold in Italy, and then owned by film producer Dino de Laurentiis, into the U.K. in 1965, then bought by the doctor of its then-owner in 1967. Stored since 1975, rediscovered in November 2010. Very original and very dusty, but possibly not tired, as it’s only done around 30,000 miles. enjoyed—true mileage is 300,000-plus odometer. Cond: 3. SOLD AT $87,616. Previously seen at Bonhams’ Brooklands auction in December 2011, sold at $81,822 (SCM# 190113), but then withdrawn when the chassis anomaly came to light. Same money this time, but market-correct given the info, rather than 122 Body is straight, brightwork not too bad. Leather might possibly be revived. Motor is corroded on the outside, but nothing is missing. Sitting on Borranis. Cond: 4+. SOLD AT $160,598. Rather than being chopped into GTO reps, the 250 GTE is now a model considered worth saving in its own right. Bonhams underestimated this at $60k–$95k, but the pundits were predicting over $160k. Sure enough, all the available phone lines glowed red hot. See profile on p. 42. Sports Car Market

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Bonhams Oxford, UK #325-1978 FERRARI 400 GT 2+2 coupe. S/N 23429. Red/tan leather. RHD. Odo: 63,834 miles. Rare carbureted example in excellent order. Dry-stored for 16 years, brought out in 2008. New paint still good, three-yearold leather hardly creased or worn, carpets like plete interior. No visible chassis number. Cond: 3. SOLD AT $15,515. No documents 1949. Straight body has been repainted. No obvious rot. Interior all there but grubby. Air filter sitting on rear bench, although it’s said to start and run. No visible chassis number. Cond: 3. SOLD AT $3,651. Has been in Australia, where it might have been from new, hence the right-hand drive; into the U.K. by 2005. Offered at no reserve and let go for a fraction of the desired money. new. Concours underhood with factory finishes. Cond: 2+. SOLD AT $25,555. Previously sold for $17,180 at H&H’s Duxford sale in September 2011 (SCM# 185904). This time it made in pounds roughly what it sold for last time in dollars, so the seller found some upside. AMERICAN 331-1928 DODGE SERIES 128 Fast Four landaulet. S/N A983024. Eng. # D1056541. Dark blue & black/black leather & beige velour. RHD. Odo: 63,363 miles. In nice condition all around and still breaking in after long restoration was only just completed in 2010. Straight and shiny with super interior. Plating perfect, dash is excellent. Cond: 2. and offered at no reserve, but this was one of the most successful of the Packards, selling near top estimate. If it costs less than $15k to finish, could be a cheap alternative to a Hudson Terraplane. But it might look like one too... #309-1946 PACKARD CLIPPER sedan. S/N 218212506. Blue & silver/gray velour. Odo: 68,278 miles. 245-ci I6, 1-bbl, manual. Straight, with fair paint. Inside mostly good with one oily mark on front bench seat, dash intact but dusty. Motor tidy, although air filter is missing. No documents. Unused since at collection in 2001. Cond: 3. SOLD AT $3,651. In the collection for a decade, this one was English-registered and with documents, but that couldn’t help it, as it was sold at no reserve like all the Packards here. This looked like a very cheap car for someone who wanted an early ’50s Yank without worrying too much about fashion. As such, pretty well bought. least 2003, and offered at no reserve. Cond: 3+. SOLD AT $8,214. Despite the small group of American-car enthusiasts here, this still only brought half what was hoped for. It was one of the nicer Packards in the sale, but it was held down by the neglected state of its peers, most of which looked like potential runners, largely rot-free, but not particularly nice. SOLD AT $36,507. Believed imported to the U.K. as a chassis and bodied here, this was employed by a firm of funeral directors until 1948. It was found in a field in 1965, restoration was started in 1971, and the seller bought it unfinished in 2009. It sold slightly above the $24k–$29k estimate, but there’s very little to directly compare it with in the U.K. #306-1937 PACKARD EIGHT special tourer. S/N N/A. Eng. # 240026. Red & black/red cloth. Left unfinished by unknown builder. Chassis from 1937 or later, when Safe-T-Flex independent front suspension first appeared, but motor appears to date from 1929. Lightly pitted chrome. Body straight, paint fair. No dash or instruments in incom- 124 #308-1948 PACKARD EIGHT sedan. S/N N/A. Blue & silver/beige cloth. RHD. Odo: 10,376 miles. 288-ci V8, 2-bbl, manual. Model year indeterminate, and no documents, but dated from the engine number as a 1948 or parently. Instruments good. Cond: 4. SOLD AT $3,651. Offered at no reserve with no documents, it sold for a fraction of what was hoped for. You just don’t see these in the U.K., especially as restoration projects, so there’s no real market comparison. Should be impressive when it’s done in a “lead sled” sort of way. #305-1956 PACKARD PATRICIAN sedan. S/N 56823524. Pink & white/black & white cloth. 374-ci V8, 4-bbl, auto. Fair body, Sports Car Market #311-1956 PACKARD FOURHUNDRED coupe. S/N 56873921. Black/red vinyl & cloth. Odo: 24,421 miles. 374-ci V8, 4-bbl, auto. The best of the projects here. Painted 10 years ago, straight and rot-free, all removed trim and interior parts in trunk, ap- #310-1952 PACKARD 200 SERIES Deluxe sedan. S/N 256222218. Black & silver/striped gray & black cloth. RHD. Odo: 69,578 miles. 289-ci I8, 1-bbl, auto. Fair condition; straight body has no filler, chrome is all there. Interior fairly clean. Newish coil and leads suggest it’s been a runner in the not-toodistant past—most likely before it joined the

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Bonhams Oxford, UK paint and chrome, and nice inside in a rock ’n’ roll sort of way. Clean velour, shiny dash and instruments. Parked outside with Lincoln and ornament and some small parts off the car and on the back seat. Instruments and dash all there. Air filter is off, so maybe someone’s been trying to start it. Cond: 2-. SOLD AT $15,515. Must be the only convertible in the U.K., but rarity couldn’t overcome worries about how much of it actually works. Ford is reckoned to have lost money on every one, and it looks as if this seller did, too. #351-1978 CHEVROLET CORVETTE Hawk coupe as showcase for the sale, hence locked and I was unable to note mileage. Said to run well but brakes noted not to be working. No documents. Cond: 3. SOLD AT $3,286. Like all the Packards from this collection, this was offered with a reserve and then let go for a lot less than hoped—in this case, less than half of the estimated $7k–$11k. Very well bought. #312-1958 PACKARD HAWK coupe. S/N LVLO399CV1603. White/buff leather. Odo: 33,967 miles. 289-ci supercharged V8, auto. Star of the Packard collection, although missing its blower. Straight, tidy and solid with some surface corrosion underneath. Chrome, trim and vinyl all OK. Leather in Silver Anniversary convertible. S/N 1Z87L8S433552. Eng. # V0627CUT185433552. Silver & gray/black vinyl/black leather. Odo: 57,163 miles. 350-ci 185-hp V8, 4-bbl, auto. Cleanly chopped from a coupe, with new paint, stripes and wheels. Excellent overall, but vinyl top shows a few paint spots. Leather not worn or creased. Motor tidy with new carb. Cond: 1-. SOLD AT $17,888. As an untouched Silver Anniversary, it might have made $20k in the U.S., but lopping off the roof probably didn’t make much difference in the U.K. The dealer who bought it evidently thought the same, as he immediately retailed it for $9k more than he paid. good shape though lightly creased in front. Looks like it could be a runner. Cond: 3. SOLD AT $7,849. One of 588, imported to the U.K. in 1984 and last on the road in 2001. Offered at no reserve and sold at around a third of what was hoped for. Well bought. #314-1959 LINCOLN CONTINENTAL MARK IV convertible. S/N H9YC416285. White/white vinyl/red vinyl. Odo: 33,295 miles. 430-ci V8, 4-bbl, auto. No obvious rot. Chrome all good, apart from missing hood bit creased and grubby, but carpets are good. Alloys slightly dull but unscuffed. With a/c. Cond: 2-. SOLD AT $8,214. In the U.K. from 1989 and not used, although started regularly since it was last sold at Bonhams’ Olympia, London, sale in 2008 for $21,275 (SCM# 118755). Then we said, “Very well sold,” which today’s more realistic price would seem to confirm. © June 2012 125 #350-1979 PONTIAC TRANS AM 10th Anniversary coupe. S/N 2X87K9N175819. Eng. # P9279259657822. Silver/silver vinyl & gray carpet. Odo: 27,530 miles. 403-ci V8, 4-bbl, auto. Original and well kept. Red coach lining peeling off left front wheelarch lip, but hood chicken intact. Interior vinyl looking a

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J. Wood & Co. Daytona, FL Classic Motorcycle Auction and Meet A feverish auction pace burned through 140 motorcycle lots in 4½ hours — and $600k wasn’t a bad day’s work results Report and photos by Somer Hooker Market opinions in italics J erry Wood has been auctioneering vintage bikes for 25 years now. He is renowned for his knowledge of motorcycles and good-time-for-all attitude, both of which play into the signature energy and attitude of his events. A no-reserve parts sale takes place the day before the bike auction, and the accompanying swapmeet always seems to give a boost to foot traffic. This year found the event in a new and better venue. The larger facility and easier access worked out well for all. As a major added advantage, the bikes could be started in the building. Headlining the top-shelf consignments this year was the Floyd Emde Big Base Scout that won Daytona in 1948. At $91,300, it was well bought and well sold. The feverish auction pace burned through 140 lots in 4½ hours. Not a bad day’s work for sales total in excess of $600k. ♦ 25th Annual Daytona Antique & Company J. Wood & Company Date March 16, 2012 Location Daytona, FL Auctioneers Jerry Wood & Steve Dance Automotive & Motorcycle lots sold/offered 98/140 Sales rate 70% Sales total $619,625 High sale 1948 Indian Scout 640 Big Base Racer $91,300 Buyer’s premium 10%, included in sold prices ENGLISH #81-1938 TRIUMPH SPEED TWIN mo- torcycle. S/N 85T9781. Eng. # 85T9781. Burgundy. Odo: 5,577 miles. Mostly complete bike with a few noticeable exceptions. Cheap aftermarket headlight and wrong taillight are easily remedied. Much later Amal concentric carburetor. A great base for an iconic bike. HRD Rapide, but the forks show evidence of a tortured life. The horn is a cheap replacement unit. Dampener knob has been replaced. Upgrades include a 12-volt alternator, an electric starter conversion, electronic ignition and upgraded shocks. Cond: 3. SOLD AT $41,250. Early B Rapides were nice bikes and good riders. Unfortunately, this one lived in Argentina at one time. The problem with bikes from that part of the world is that parts were often unavailable due to Peron breaking off trade. However, this sale was a good deal for both parties. #34-1956 TRIUMPH TR5R motorcycle. S/N TR576184. Eng. # TR576184. Blue. Odo: 5,422 miles. Documented as one of only five known survivors of a batch of 100. This bike has the “speed kit,” which includes dual carbs, cams, and megaphone exhaust. The paint and brightwork are exceptionally crisp. The Cond: 3-. SOLD AT $19,250. Considered by many to be one of the most iconic bikes of all time. Since its introduction, Triumph’s vertical twin has been one of the backbones of the motorcycling industry. A nicely preserved one would/could fetch twice as much. Well bought. #45A-1948 VINCENT RAPIDE Series B motorcycle. S/N R3183. Eng. # F10AB11193. Black. Odo: 707 miles. Basically a correct builder is one of the best in the business. Cond: 1. NOT SOLD AT $17,000. This was a really nice bike, but only got halfway to its reserve. I’d guess the majority of these bikes led tortured lives, and probably wound up on dirt tracks being hammered into the ground. Seller was wise to hold on. 126 Sports Car Market an original survivor. Cond: 2. SOLD AT $3,410. It is pretty tough to find an off-road bike that hasn’t been run into the ground. The fiberglass tank would have melted years ago with today’s gas, and the aluminum frames rarely survive so intact. This was about right for buyer and seller, but would probably find a bigger market overseas. #40-1969 BSA LIGHTNING motorcycle. S/N A65LA10779Y. Eng. # A65LA10779Y. Candy Red. Odo: 11,065 miles. This bike has managed to remain mostly true to its original form. The proper decals with crossed flags are #27-1968 GREEVES CHALLENGER motorcycle. S/N 24MX3B1544. Eng. # 96. Navy blue. The fiberglass and seat are in excellent condition. The aluminum work is so bright and unstained, it makes one wonder if the bike has ever been off road. The liberal use of tie wraps is the only giveaway that it isn’t

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J. Wood & Co. Daytona, FL present. Horns may have been aftermarket. SOLD AT $6,160. Triumphs almost always outsell BSAs, and the BSA legacy suffers from the factory’s use of only one crank bearing. Worn crank bushings resulted in a lack of lubrication that would wreak havoc. This, however, was a good crisp example that was purchased by a dealer, so there was still some “meat on the bone.” Well bought. #15-1971 NORTON COMMANDO mo- torcycle. S/N 140554. Metal-flake blue. Odo: 19,460 miles. The metal-flake paint was one of the high points of the Nortons, and this bike has good paint. Has a later seat from an 850 Commando. Original peashooter mufflers and and were forced into tortured lives. This was a nice example in the correct color. Marketcorrect price. forks were crusty. Engine cases were replacements with no VIN stamped in them. Cond: 4. SOLD AT $4,510. This bike needed everything and wasn’t the most desirable model. Early Nortons were notorious for their motor problems, and this one had new cases installed at some point. This was a deal I would have avoided. Well sold. GERMAN #84-1955 ZUNDAPP KS 601 motorcycle. S/N 554946. Eng. # 554946. Green. Odo: 4,419 miles. This bike appears to be a nice, crisp original example. The paint appears original with some slight fading from polishing over the years. The chrome rims were likely replated at some point. The bike has the proper switch gear, period rubber solo seat, and even boards and original seat. Cond: 3+. SOLD AT $3,520. Guzzi was always trying to cut in on BMW’s touring market and police contracts, but were always sold at a discount despite being great bikes. The same happened here today. At $3,500 there was a lot of touring miles left on a bike that could see another 150k miles. Well bought. JAPANESE appears to have the proper Metzeler tires. Cond: 2-. SOLD AT $9,130. Zundapps were not widely distributed in this country but were BMW’s chief competitor. Affectionately known as “green elephants,” they also came in red and black. This was a situation where two people wanted one bike, and the bidding just kept on going. Still a good deal, however, as these bikes are tough to find in this condition. 128 #17-1967 HONDA CL160 motorcycle. S/N CB1601049239. Eng. # CB160E104899. Blue. Odo: 4,798 Rare high-pipe version of the CB160. Seat and exhaust are in excellent condition. Headlight rim has minor dings. Bike wears original metal Honda badges. Cond: 2+. SOLD AT $1,870. The street scramblers were not as desirable as the regular CB160s when new, but have recently become popular for low-buck racing classes. Consequently, these bikes began disappearing coated.” Cond: 1-. SOLD AT $9,450. This was a really nice, small Ducati. The seller claimed it was one of only two known to exist, but provided no real documentation to substantiate the claim. Regardless, with a reserve of only $9,000, this bike was probably worth it. Well bought. #67-1981 MOTO GUZZI G5 motorcycle. S/N VG208016. Eng. # VG208016. Black. Odo: 52,695 miles. The mileage on this bike belied its condition. The odometer read 52,000, but the bike looks like it has barely rolled 5,000. Paint is crisp. Instruments are not sun-faded. Sale includes period bags, foot- have been overly drilled, too. Cond: 3+. SOLD AT $7,700. Often nicknamed the widow-maker, these bikes certainly deserved the title. I’ve seen super-sanitary examples get hammered down at twice this price. Unless the buyer just wanted a rider, I would say the seller came out on top here. Well sold. #76-1982 HONDA CX 500 Turbo motor- cycle. S/N JH2PCO309CMOO2836. Eng. # PCO3E2005401. White & silver. Odo: 25,874 miles. A very well-preserved example. An original like this is a joy to see. Bodywork, paint, and mechanicals are all in excellent condition. A nice example of one of Honda’s #41-1972 KAWASAKI H-2 Motorcycle. S/N H-2 09452. Eng. # H2E- 05978. Blue. Odo: 9,200 miles. This unit has the correct graphic but is the wrong shade of blue. The exhaust is OEM but shows numerous small dings. The seat pattern is also wrong, and the air filter is missing. The disc brakes appear to ITALIAN #70-1959 DUCATI 200 SUPERSPORT motorcycle. S/N E150864. Eng. # E150864. Burgundy & gold. Odo: 1,261 miles. Restoration is not overdone, but is better than factory finish. Nice, crisp paint. Chrome is also better than factory. A pleasant-looking bike that manages to avoid appearing “sugar groundbreakers. Cond: 1-. SOLD AT $3,850. Honda had a lot of trouble with the first of these bikes, and turbo lag was always an issue. However, they are neat little machines. These bikes have traded in this range for the past 10 years, so I would call this sale fair for both parties. © Sports Car Market

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Roundup Selected Sales Combined in One Comprehensive Report Highlights from the Kruse Burdick Sale (TX), Leake Oklahoma City and Silver Portland Dick Burdick Collection ENGLISH #85-1911 NAPIER Garden Car. S/N 18281. Tan, green & wood/green leather & wicker. RHD. Older restoration with paint flaws aplenty. Irreplaceable wood and wickerwork in great condition. All brass flourishes present and in excellent order. Wicker coachwork reportedly hand-crafted by the Royal Institue for the Blind in Notthingham, 1930 Cadillac 452 Fleetwood “Madame X” — $418,000 Company: Dan Kruse Classics Location: Rosanky, TX Date: March 3, 2012 Auctioneer: Dan Kruse Cars sold/offered: 98/100 Sales rate: 98% Tulsa 2012 Sales total: $4,547,675 High sale: 1930 Cadillac 452 Madame X rumbleseat coupe, $418,000 Buyer’s premium: 10%, included in sold prices Report and photos by John Lyons Silver Portland Auction England. Needs complete restoration. Cond: 3+. NOT SOLD AT $100,000. Napiers are often mentioned in discussions of early cars, due to the relentless racing and promotion by “ebullient Australian” S. F. Edge. This car has been in Mr. Burdick’s possession for many years, but documentation of its prior history would be key to attracting bigger bids. Dan Kruse Classics, Rosanky, TX, 03/12. #87-1913 ROLLS-ROYCE SILVER GHOST town car. S/N 919TC. Eng. # 91A. Maroon & black/black leather/maroon velvet. RHD. Odo: 89,300 miles. Cosmetic restoration of an excellent original car. Very good quality older paint. Polished stainless hood totally appealing. Nice interior has been reupholstered with what looks like non-original 1978 Pontiac Trans Am coupe — $32,175 Company: Leake Auction Company Location: Oklahoma City, OK Date: February 17–18, 2012 Auctioneers: Dan Kruse, Jim Ritchie, Brian Marshall and Bobby Dee Lots sold/offered: 196/281 Sales rate: 70% Sales total: $4,148,595 High sale: 1968 Shelby GT500 convertible, sold at $181,500 Buyer’s premium: 10%, included in sold prices Report and photos by Phil Skinner 130 1950 Chevrolet Styleline Deluxe convertible — $24,030 Company: Silver Location: Portland, OR Date: March 30–31, 2012 Auctioneers: Mitch Silver, Matt Backs, Bob Graham, Rose Backs Lots sold/offered: 113/191 Sales rate: 59% Sales total: $1,214,541 High sale: 1933 Ford Vicky street rod, sold at $48,060 Buyer’s premium: 8%, included in sold prices Report and photos by Paul Duchene materials. Fomerly owned by Mrs. Cornelius Vanderbilt III. A very appealing Americanbodied Ghost. Cond: 2-. SOLD AT $286,000. The number of unrestored pre-1940 Rollers that you see is a testament to the original engineering and construction. This car was very unusual for its English-built chassis and American Brewster coachwork. Well bought. Dan Kruse Classics, Rosanky, TX, 03/12. #67-1955 AUSTIN-HEALEY 100M roadster. S/N BN2L230235. Red/black vinyl. Odo: 28,600 miles. Apparently a former racer that has not run in some time. Mostly straight coachwork. Competition windshield, M-spec engine, windscreen, louvered hood. Right door permanently secured for racing. Nicely detailed engine with updated ignition and Sports Car Market

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Roundup charging. Wears painted knockoff wire wheels. Cond: 3. SOLD AT $31,350. There was much debate among bidders whether this was a tribute car or the real deal, and checking the SCM database, we see that it previously sold for $42,400 at the April 2006 Branson auction, where we thought it was an expensive “English bitsa, likely more fun than it is valuable” (SCM# 41408). Still not an investment today, but a better price paid for just as much fun. Dan Kruse Classics, Rosanky, TX, 03/12. #407-1973 MGB convertible. S/N GHN500317210G. Dark green/black vinyl/tan vinyl. Odo: 41,389 miles. Paint dull. Relatively straight body with good opening and closing doors, interior and soft trim in proper order with all gauges clear and readable. Top older but fits well, seats clean, but driver’s side shows some wear. Detailing and cleaning would have helped. Argentpainted knockoff wire wheels need some attention. Under the hood it appears the dual SUs have been recently serviced; signs of appeal. Despite a complete engine rebuild in 1999, items like the throttle shaft bushings were missing, which means the pedal has about an inch of slack. Overall, while the bills were probably far in excess of what the car sold for, it was very well sold. Silver Auctions, Portland, OR, 04/12. #215-1981 ROLLS-ROYCE SILVER SPIRIT sedan. S/N SCAZS4ZA2BCX03249. Magnolia White/dark brown leather. Odo: 68,563 miles. Car reportedly drove to OKC from Las Vegas without any issues. Now needs a dusting and buffing. Paint crazing in places, has a nasty dent midway up the right A-pillar. Interior in order. Dashboard wood has some crazing, wood door trim looks recently refinished, instruments clean and clear. long and useful life. Straight but tired, with faded paint and some scary rust issues in body seams. Severe wear to driver’s seat. Black rattle-can work under the hood. Cond: 4. NOT SOLD AT $5,750. British Leyland Minis weren’t imported to the U.S. after 1967 due to crash test and emission issues. However, they were sold in Canada until 2001, and many have managed to sneak across the border. California DMVs have photos to identify “illegal alien” Minis, and they know where to look for the real date of manufacture. I suspect this car was registered in rural Washington state, where emissions don’t matter. I’d have taken this bid like a shot. Silver Auctions, Portland, OR, 04/12. #492-2006 ASTON MARTIN VANTAGE coupe. S/N SCFBB03B06GC01871. Medium green metallic/dark gray leather. Odo: 9,522 miles. No signs of use or abuse, and with fewer than 10k miles from new it looked to have been babied to the fullest. Fitted with all the usual amentities plus factory first-aid kit, red-brake calipers, premium sound system, smokers kit and 19-inch seven-spoke wheels. Clean CARFAX. Perfect British answer to the other work in the electrical department also noted. Cond: 3. SOLD AT $8,030. This was about the last of the full-chrome bumper editions of these peppy little sports cars, and the bigger engine makes it fairly well sought-after. Values on these have been rather stagnant for a few years, due to an ample supply and a demand that doesn’t seem to be growing. Price paid for this example was not bad, with some room left for doing minor improvements such as weather-stripping and a good buffing out. This was actually a pretty strong price for this little roadster. Well sold. Leake, Oklahoma City, OK, 02/12. #110-1973 TRIUMPH TR6 convertible. S/N CF4730U. British Racing Green/black vinyl/black vinyl. Odo: 71,666 miles. Mechanically rebuilt, repainted, and reupholstered. New dash, trunk rack and Redline tires. Paint bubbling and peeling around typical panel fit. Foam inside the re-covered seats has collapsed. Cond: 4. SOLD AT $10,260. Triumph TR6s are complicated and unrewarding to restore, though they have great curb 132 Sports Car Market Factory radio in the dash. Cond: 3. NOT SOLD AT $12,000. Maintenance on these aging luxury cars is not cheap, and careful shopping is strongly recommended. My inspection didn’t find any major drips or leaks, and the car started and ran smoothly and silently, but I did hear some groans from the suspension and squeaks from the brakes—possibly an indication of things to come. Final bid was a little low perhaps, but not far out of line. Leake, Oklahoma City, OK, 02/12. #32-1986 AUSTIN MINI sedan. S/N DCM50970M. Silver/black and gray cloth. Odo: 8,673 miles. Likely a Canadian import, with 11/85 manufacture date in trunk and miles/km speedometer. Looks to have led a Porsche 911. Cond: 2. SOLD AT $80,850. When this model was new, the press tried to compare it to the Porsche, but that is like comparing apples to bananas; both cars are excellent in engineering and construction. I think the Aston, produced in far fewer numbers, is for the more traditional gentleman driver who enjoys a sporting jaunt, and this car offered that for a price that could be considered within the current market range. Quite possibly still a bit of a bargain. Leake, Oklahoma City, OK, 02/12. FRENCH #84-1905 LORRAINE & DE DIETRICH VDC racer. S/N 104. Eng. # 122. Blue/black leather. RHD. Paint, brightwork and wood virtually flawless. Brutal

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Roundup good looks of chain-driven drivetrain. Claimed to be one of Burdick’s favorite cars, exercised regularly and fully sorted. Cond: 1. SOLD AT $143,000. One of only a handful of cars offered “with seller’s confirmation,” a fancy way of announcing there is some sort of reserve. This lacked important documentation but nonetheless cried out to be driven. It was a no-sale on the block for $125,000, but a deal was soon put together. I’ve seen ’57 Chevys sell for more. Dan Kruse Classics, Rosanky, TX, 03/12. GERMAN #128-1968 MERCEDES-BENZ 280SL convertible. S/N 113044 10005872. White/white fiberglass/black vinyl. Odo: 77,945 miles. Very straight body with nice paint, but taillights indicate car was not dismantled for the work. Good chrome and panel fit. Scratched windshield. Top paint rough. Interior wood clumsily re-varnished, seat covers have shrunk with age. Clean underhood NOT SOLD AT $28,500. What Mike Sheehan says about Ferraris applies equally to Porsches: If you can’t afford a good one, you REALLY can’t afford a bad one. This car may well have been loved, but it also looked like it was used hard and put away wet. Nevertheless, it was generously bid to midmarket money. Should have sold. Silver Auctions, Portland, OR, 04/12. #216-1973 MERCEDES-BENZ 450SL convertible. S/N 10704412009258. Steel Blue/Navy fabric/Navy leather. Odo: 100,750 miles. Restored a number of years back. Paint showing some wear on upper door edges, couple of parking lot door dings noted. All glass in good condition, chrome trim dulling. Soft top reportedly in good condition. Hard top has not been off for many years. Couple of wheelcovers show minor scrapes—odd to see the base wheels on one of these. Has its original Upwardly fluxuating prices suggest the possibility of breaking even on a future restoration, but at this price today, better sold than bought. Leake, Oklahoma City, OK, 02/12. #184-1974 PORSCHE 914. S/N 47429- 04493. Yellow/black fiberglass/black leather. Odo: 1,058 miles. LeMay Museum car with recent repaint in attractive Sunflower Yellow. Good panel fit and rubber, but some paint cracking on rocker panels. Headlights do not pop up. Nice leather interior. BBS wheels. with Bosch fuel-injection, power steering, and power brakes. Rare ZF 5-speed. Cond: 3. NOT SOLD AT $38,000. Desirable combination with 5-speed and both tops, but was presented with an air of haste, which never bodes well. These cars can be very expensive to fix. I’d want to see evidence of long-term ownership and complete service records, but there didn’t seem to be any. Under the circumstances, the bid should have closed the deal. Silver Auctions, Portland, OR, 04/12. #131-1969 PORSCHE 911T coupe. S/N 686803. Orange/black vinyl. Odo: 54,765 miles. Rather tired example in a great color. Chips touched up everywhere, European headlights, missing bumper overriders, correct Fuchs mags. Floors said to be sound, but interior is tired and leather wheel cover is split. Engine compartment is clean with lots of new stickers and a flamethrower coil. Cond: 4. Becker AM/FM/Cassette, but the speakers have seen better days. Cond: 3-. SOLD AT $10,120. While not the most desirable of the modern SLs, the 450s still attract a good number of interested buyers. While this example was used sparingly after its restoration, it still managed to get some wounds, which I think affected its overall value. But the mechanicals seemed in order, and the brakes worked, and with a good detailing, I think the car could bring $14k–$16k. For the private owner, it was bought right. Leake, Oklahoma City, OK, 02/12. #134-1973 VOLKSWAGEN THING 4-dr convertible. S/N 1833023829. Yellow/black vinyl/black vinyl. Odo: 62,235 miles. Lots of eye appeal from a distance, less impressive up close. Stress cracks noted on the engine cover, some quickie body filler along lower edges. Items like the top bows show some surface rust, which raises concern about less visible areas. Doors and front compartment latch all Clean engine compartment. Car was driven down from Seattle. Cond: 3+. SOLD AT $8,640. The 914s have always been orphans. They were sold as VWs in Europe, and were disdained by 911 pilots. Porsche gave up in 1976 and brought back the 912E, briefly. Fair market value, if you don’t mind having to explain it. Silver Auctions, Portland, OR, 04/12. #190-1974 VOLKSWAGEN THING 4-dr convertible. S/N 1842468020. Orange/black vinyl/black vinyl. Odo: 44,105 miles. Heavily repainted in orange with a shiny, lumpy look, with runs and rust bubbling up here and there. Includes side-screens, aftermarket radio, pleatfree seats, and big tires. Heater ducts missing in engine compartment. Fan belt loose enough to fly off. Cond: 4+. SOLD AT $9,504. Fairly typical restoration for a VW Thing. Most were rode hard and put away wet, and were notorious for being less than weather proof to begin with. Sold for strong money, but hopefully the new owner is familiar with the model, knows what to fix, and spotted some intrinsic value. Silver Auctions, Portland, OR, 04/12. in order. A good candidate for a full restoration. Cond: 3. SOLD AT $6,930. These unique rides can fetch $20k–$25k, but they have to be perfect. The mechanicals are fairly simple, but this one’s body and top issues were worrisome. 134 #2491-1988 MERCEDES-BENZ 560SL convertible. S/N WDBBA48D7JA091315. Dark gray metallic/black fabric soft top/black hard top/gray leather. Odo: 72,093 miles. No signs of body damage or touch-ups. Chrome trim is good, pinstriping broken in several places. Minor wiper marks on windshield. Soft top not raised, but claimed “like new.” Interior Sports Car Market

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Roundup well done with no splits or tears, but some under-dash wires hanging down. Wears in it and could be driven and enjoyed. Not a “store-it-away” or trailer-queen for sure, but one you could jump into with confidence you would get from point A to point B and not break the bank in doing so. The seller did quite well in letting this car go at this price, as it was about 40% ahead of some price guide values, which I would say means adjustments in the price guides are really needed. Leake, Oklahoma City, OK, 02/12. 16-hole accessory wheels from the factory. Cond: 3-. SOLD AT $7,040. The market always has a good number to choose from, so buyers should be picky. This is where being a buyer has an advantage, but like any good car, inspect them with a fine-tooth comb. The under-dash wires and the undemonstrated soft top were potential red flags to me, but if no gremlins turn up, this was well bought. Leake, Oklahoma City, OK, 02/12. #94-1988 TRABANT 601 Universal 2-dr wagon. S/N Beige/brown vinyl. Indifferent East German engineering and assembly from behind the Iron Curtain. Weak paint, ill-fitting interior. No detailing of any kind under the hood. Looks exactly the way it did when it left #451-2000 PORSCHE 911 Carrera cab- riolet. S/N WPOCA2998YS651812. Yellow/black leather. Odo: 88,166 miles. Aero Kit effect and factory alloy mag-styled wheels. Interior also looks good, with proper amount of crinkles in leather seating surface, and pedal wear for mileage shown. Strong odor of air freshener. Original AM/FM radio and headlight covers. Well appointed with power amenities, including air conditioning. Cond: 2-. SOLD AT $23,375. For a 12-year-old hold out and shop it elsewhere. These truly exclusive supercars seem to stand a chance of avoiding the dreaded “instant collectible” fate. Leake, Oklahoma City, OK, 02/12. ITALIAN #151-1977 LANCIA SCORPION coupe. S/N 137A50101707. Light blue/black fabric/red vinyl. Odo: 979,592 miles. Economy grade repaint nicely sets off red interior. Windshield and chrome show some minor nicks. Panel alignment close to factory. Doors open and close with ease. Car runs out well. the factory. Cond: 3+. SOLD AT $2,970. Trabants are among the most derided cars in the world. They leak and burn oil, and are in general an automotive misery. This one looked just factory-fresh, and that was not saying much. Well bought and sold. Dan Kruse Classics, Rosanky, TX, 03/12. #494-1995 PORSCHE 911 CARRERA 2 convertible. S/N WPOCA2995SS341926. Alpine White/navy blue fabric/white leather. Odo: 58,581 miles. Mileage showing looks to match general condition of the car. Few very minor dings toward the front, but no dents or signs of major trauma. Driver’s seat heavily crinkled, but no split seams, engine compartment detailed and generally quite clean. Engine starts easily, and transmission is reported to shift rather smoothly. Outer treads on tires show abnormal wear, wheels in good sports car with plenty of miles, this was a good buy, but buyer paid too much, judging by price guides. But I think that means that those guides need some upward adjusting. The clean CARFAX was also a big plus. Technically still a “used car,” but go ahead and start beating the bushes for hidden later-model real sports cars. These engines have the reputation for requiring costly repairs as they age, hence the low price. You feeling lucky today? Leake, Oklahoma City, OK, 02/12. #2484-2007 MERCEDES-BENZ SLR MCLAREN Gullwing coupe. S/N WDDAJ76F97M001307. Silver metallic/charcoal & red leather. Odo: 6,320 miles. One of 150 produced. Low mileage, professionally maintained from new. Loaded with navigation, premium sound, improved brakes and every motoring convenience conceivable. Original MSRP: $480k. Cond: 1-. trunk rack and factory upgraded wheels. Cond: 3. SOLD AT $4,400. If you came to OKC for a Fiat, the selection was rather limited: i.e., this one car. At least one bidder showed up with cash in hand, and at this money, the new owner still has $1,500 to $2,000 left to bring things up to snuff. Correct price for condition. Leake, Oklahoma City, OK, 02/12. #441-2004 MASERATI CAMBIO- shape. Cond: 3+. SOLD AT $35,200. Still considered a “used car” in many circles, this was a low-mile example that had plenty of life 136 NOT SOLD AT $320,000. The factory claimed that all 150 units sold out shortly after they were announced, and not many made it to American shores. With few of the original owners interested in parting with theirs at any price, the seller here was wise to CORSA coupe. S/N ZAMBC38A640011021. Silver metallic/black leather. Odo: 47,948 miles. Fitted with F1 shift paddles for 6-speed automatic. Factory 18-inch alloys fitted with new Michelins. Clean CARFAX doesn’t report unusual ding at top of left rear pillar. Some touch-up on lower quarter panel based on de- Sports Car Market Cond: 3-. SOLD AT $5,390. Yes, the odometer showed just under a million miles, but do you think one of these ever actually traveled that far? Those who know and love these cars swear by them, but collectors’ prices have stayed low and aren’t likely to move significantly. Two parties seemed to have an interest in the car, and both were eyeing the wholesale value, to which the final bid was probably pretty close. Cheap, but not what I’d call a bargain. Leake, Oklahoma City, OK, 02/12. #131-1980 FIAT 2000 Spider convert- ible. S/N 124CS000172005. Dark green/black vinyl/black vinyl. Odo: 37,808 miles. Debris noted in paint. Hood alignment needs attention. Top and interior fresh and snug. Underhood in need of detailing, has some sloppy venting and wiring. Underside shows some recent repairs. Fitted with newer radio,

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Roundup bris found in finish. Chrome and glass excellent, and the car is fitted with all the goodies from premium sound to Xenon lights to heated brightwork and panel fit. Interior original and in good condition due to quality construction. Some light mold present, but nothing that seats and ice-cold a/c. Cond: 2. SOLD AT $28,050. Final price was right in line with current retail market, judged on similar examples currently being offered for sale. Some concern regarding those minor paint disturbances, but the new tires were a plus and about due compared to the mileage. A modern sports car like this will probably depreciate a bit more, so the time to enjoy this ride to its fullest is right now. Believed to have been purchased by a private owner, so I would have to say very well bought. Leake, Oklahoma City, OK, 02/12. #459-2005 MASERATI QUATTRO- PORTE saloon. S/N ZAMCE 39A350015218. Dark gray metallic/dark gray leather. Odo: 34,041 miles. As expected, this car is loaded: moonroof, F1 paddle shifters for 6-speed automatic transmission, seven-spoke chrome wheels, premium sound system and power everything. Post-factory extras include tinted side windows and an air-freshner. Promoted with clean CARFAX, body looks straight without any signs of repair or repaint, lots of can’t be easily addressed. Clean but not detailed underhood. Aftermarket alloy wheels. Has not run in some time. Cond: 2-. SOLD AT $20,350. Despite predictions, these little Datsuns have yet to catch on with collectors. But two bidders had to have this one, driving the price almost 50% higher than expected. Well sold. Dan Kruse Classics, Rosanky, TX, 03/12. AMERICAN #1-1901 HOLSMAN MODEL 54 High Wheel touring. S/N 1598. Cream/white canvas/brown leather. RHD. Example of a rare, early marque, restored some time ago and in very good condition. Engine condition unknown, likely not run in many years, but totally complete and likely to run with some original drivetrain with Briggs & Stratton pieces, however, pretty much negates it as an investment piece. The price paid was likely all the money that this little Bugmobile will command in the foreseeable future. Dan Kruse Classics, Rosanky, TX, 03/12. #5-1906 INTERNATIONAL MODEL A Depot Hack wagon. S/N 27113EC. Red & wood/black leather/red vinyl. RHD. Good overall presentation. Catalog addendum states this may be a 1914–16 model, rather than a 1906 as shown on title. Formed copper hood and other front-end sheet metal, including radiator shell. Original International brass headlights and “Tally-O” bulb horn. Solid rubber tires. Body apparently constructed at the time of restoration, but features original body hard- meat left on tires. Cond: 2. SOLD AT $43,890. While this price is ahead of some price guide values, the new owners seemed tickled to get this car, with the seller spending time after the sale showing off all the amenities and secrets of this car. Traditionally the Q-portes seem to really take a hit value-wise, and with this car having already lost 60% of its initial MSRP, one has to wonder how they will do in the future. We would like to think that this car can perform better in the marketplace than its predecessors. At least this is still the coolest-looking sports sedan around. Leake, Oklahoma City, OK, 02/12. JAPANESE #76-1967 DATSUN 1600 convertible. S/N SPL31113818. Red/black vinyl/black vinyl. Nice older driver-quality repaint. Good 138 minor machinations. Catalog addendum states that this might be a 1903 model rather than the 1901 indicated on the title. Cond: 2. SOLD AT $49,500. With their sub-20 mph top speeds, high-wheelers are seldom seen outside of museums these days. Concours directors nationwide, however, are likely to welcome this rare, vintage auto. A good buy at this price. Dan Kruse Classics, Rosanky, TX, 03/12. #4-1906 BUGMOBILE MODEL A run- about. S/N WN60601348. Yellow/black canvas/black leather. RHD. Good paint, nice interior. Catalog addendum states this might be a 1908 model rather than the 1906 shown on the title. Non-original Briggs & Stratton engine fitted with fabricated gearing and axles. Solid rubber tires. Cond: 2. SOLD AT $8,800. The buggy-like construction and solid rubber tires made for an oddly appealing presentation, and the locomotive-like cyclops headlight was downright cool. The replacement of the ware. Much of the wiring is from plasticcoated hardware store bits. Cond: 2-. SOLD AT $23,100. I’ve run across a number of these Internationals over the years, but can’t remember another quite as appealing. The copper body panels weren’t laser-straight by any stretch, but that somehow added to the charm. Yes, there are numerous fussy little bits needed on this one, and the body isn’t original, but this strikes me as big Brass-car fun for microcar money. Well bought. Dan Kruse Classics, Rosanky, TX, 03/12. #150-1922 HUDSON SUPER SIX 7-pas- senger sedan. S/N 142857. Blue & black/blue velour. Odo: 51,288 The first year for aluminum pistons and Morse timing chain. Sold new for $2,295 in Spokane, WA, by the Doran brothers. Straight body with 1950s repaint holding up quite well. Sound and complete, but faded, interior. Clean and correct engine compartment. Double sidemount spares on each side. Nice wood wheels with decent tires. Cond: 4+. SOLD AT $12,960. This enormous sedan must have been in a museum or private collection for many years. Excellent survivor- Sports Car Market

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Roundup quality car that looked very driveable, although it only has rear-wheel brakes. May well end up as a wedding car. Well bought if buyer has a use for it, but awfully big to store. Silver Auctions, Portland, OR, 04/12. #23-1923 STEARNS-KNIGHT SKL4 touring. S/N S581. Light green/black canvas/black leather. Odo: 77,458 Mostly original with an older cosmetic restoration. Paint and brightwork show well. Appealing wide-whites and artillery wheels. Much of the interior is apparently original, but needng attention. Non-running and unrestored under the hood. Very nice overall cosmetic presentation, but there’s no denying the hole in the block All brightwork looks new. Dual sidemounts, windwings, dual Pilot Rays, folding rear windshield, and yellow factory wires make a superb overall presentation. Interior could use a minor cleaning. Cond: 1-. SOLD AT $151,250. Until Earl took over GM styling in the mid-1920s, Cadillac styling was as dull as dishwater. This example showed all of the best Harley Earl styling flourishes in an obvious high-quality restoration. Given the condition and appeal, I think it could even command more at a major auction. Well bought. Dan Kruse Classics, Rosanky, TX, 03/12. #35-1931 CHEVROLET INDEPENDENCE sedan. S/N 569137. Eng. # 2318874. Tan, black & yellow/brown mohair. Odo: 59,328 miles. Older, high-quality restoration. Most paint holding up well. Some brightwork needs polishing or replating. Excellent and correct mohair interior, very good dash and instruments. Cond: 2-. SOLD AT $19,800. confused, and the bidders were as well. Afterwards, the new owner was simply pleased to add a Duesenberg to his stable at this price point. Dan Kruse Classics, Rosanky, TX, 03/12. #2458-1936 DESOTO AIRFLOW sedan. S/N 5089128. Burgundy/tan cloth. Odo: 11,273 miles. 242-ci I6, 2-bbl, manual. Fabulous Art Deco styling, with chrome “waterfall” grille. Older restoration has held up well. A couple of flaws noted in paint, glass very good. Factory heater and radio, which uses the insulated top portion of the roof as an antenna. Interior soft trim and instrumentation where a con-rod apparently exited. Cond: 3. SOLD AT $25,300. Early Stearns cars are highly sought-after, with their meticulous construction and high-quality materials. The later Knight sleeve-valve engines, however, are not as desirable, but the novel engine adds appeal. There is lots of money to be spent on the mechanical restoration, and parts will likely have to be fabricated at great expense. Well sold. Dan Kruse Classics, Rosanky, TX, 03/12. #31-1929 CADILLAC 341B sport pha- eton. S/N 324790. Eng. # 324790. Tan & medium green/tan canvas/green leather. Odo: 69,176 140-inch wheelbase with body by Fisher. Embodies the famous quote by Harley Earl, “Put a lot of color and some wire wheels on them and doll them up.” Shows superbly with only the smallest of paint issues noted. Chevys of this era were extremely popular when new. Unfortunately, that popularity directly contributes to a low rate of survivors, as most were literally driven to death. This example would be fairly inexpensive to get back on the show field, and the new owner did very well, getting the car for several thousand under market. Dan Kruse Classics, Rosanky, TX, 03/12. #40-1934 DUESENBERG MODEL SJ phaeton. S/N 2394. Eng. # J375. Yellow & black/tan canvas/red leather. Odo: 416 miles. Excellent presentation of a faux-Derham phaeton. Very good paint, minor flaws in brightwork. Interior and instruments all appear Duesenberg correct. Dual sidemounts, Buffalo wire wheels wearing wide whites, and Pilot Rays complete the picture. Only an expert quite nice. Underhood detailed as well as could be hoped for. Later turn signals added, plus clamp-on fan mounted to steering column. Cond: 2-. NOT SOLD AT $17,500. The seller was looking for something just north of $20k, and I recently saw an almost identical car go for $24k, so he wasn’t out of his mind. Had the bid been accepted, this would have been a good buy with some room for improvements. The current owner should invest a few dollars into it before its next trip to the auction block if he wants to do better. Leake, Oklahoma City, OK, 02/12. #205-1939 FORD DELUXE 4-dr sedan. S/N 184946785. Gray/tan whipcord. Odo: 31,996 221-ci V8, 2-bbl, manual. Very nice original car from museum in Port Angeles, WA. Paint buffed through in spots. Fair chrome, nice grille, good running boards. Turn signals in spotlights. Very usable original interior with radio, heater, and banjo wheel. 2-speed Columbia axle. Good whitewall tires. Cond: 3-. NOT SOLD AT $26,000. could tell which bits are authentic Duesenberg and which are reproductions. Cond: 2+. SOLD AT $346,500. The description seemed to suggest that this was an original SJ chassis/ engine combination (2394/J375) that had been rebodied more than once in its history. I was 140 Charming, original car that was spotted at Mecum’s Kansas City, MO, sale in 2009, where it was a no-sale at $15,000. Probably a benchmark in terms of condition, and would be great fun to use and show off at cruise-ins and concours. The 2-speed axle and hydraulic brakes are a real bonus for highway use. Sports Car Market

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Roundup Generous money that should have closed the deal. Silver Auctions, Portland, OR, 04/12. #2427-1946 CHEVROLET SERIES DBA 1.2-ton stake bed. S/N DBBA207339. Blue and silver/dark brown vinyl. From the cab back, bodywork looks to have been done in past 10–15 years, but at a high level of professionalism; color combination outstanding. Mechanically sound and starts easily. Some shortcuts in cosmetic re-do, such as the instrument panel being a bit unreadable and odometer having evidently fallen off its mounting points. Sheet metal and chrome in good shape, #2408-1948 KAISER DELUXE sedan. S/N 4815101121. Light green/gray striped cloth. Odo: 21,321 miles. 226-ci I6, 1-bbl, 3-sp. Economy repaint from a couple of decades ago is coming off in sheets, showing original paint still in good condition. Glass good, all chrome fair at best, surface pitting and minor imperfections abound. Interior has been redone, but on a budget. No radio, just a heater. Fitted with wheelcovers from a later model and outside mirror from a 1960s parts store. Cond: 4+. NOT SOLD AT $2,400. With hood, but not chopped. Cadillac taillights and DeSoto grille. Good chrome and decent paint on a very straight body. Very nice interior with hood and doors close as designed, woodwork on bed recently finished. Cond: 2+. SOLD AT $15,125. Seller took time to show us the truck and presented it quite well, didn’t hide the flaws and also told us that if it didn’t sell, he was not going to be upset. Bidding reached about $11,000 against a $14,000 reserve; post-block negotiations between interested buyer and seller resulted in this truck getting sold. After it was announced, two other individuals inquired about buying it, so it might have traded hands at least one more time before leaving the fairgrounds. Leake, Oklahoma City, OK, 02/12. #209-1947 GMC pickup. S/N 4586. Red/black vinyl. Odo: 76,025 miles. 224-ci I6, 1-bbl, 4-sp. Beautiful restoration of a very straight and uncommon pickup. Bright new paint, a spectacular grille, and even a straight tailgate. Unusual steel bed. New tires, brakes, clutch and lights. Correct under the hood. a good $1,500 paint job, a couple of thousand in chrome and some engine compartment detailing, this might be in the $5,000 range, which means if you got the car for free and did the work yourself, you would still be in the hole. Kaiser people have to love their cars for what they are, as these orphans don’t have big potential of becoming a highly sought-after collector’s item. To get more money than this, the seller will need to get the car in front of a group of Kaiser fans. Leake, Oklahoma City, OK, 02/12. #166-1950 CHEVROLET STYLELINE Deluxe convertible. S/N CA976007. Yellow/white vinyl/white & black vinyl. Odo: 1,327 miles. 235-ci I6, 2-bbl, auto. Older restoration with assigned California VIN. Good paint and body, chrome, and trim, but grille is dented. Tear in top. Nice interior with radio and heater. Scruffy underhood, but correct. radio and heater. Clean engine compartment with Olds Tri-Power. 12-volt alternator and much chrome and polished aluminum. Cond: 3+. NOT SOLD AT $22,000. Very well done in the style of a late ’50s custom, but not chopped like most. A few anomalies suggest little use since the modifications. Tasteful example of an iconic model. Seller was right to hold out for more money. Silver Auctions, Portland, OR, 04/12. #187-1954 FORD CRESTLINE Sunliner convertible. S/N U4SC130986. Coral/white vinyl/white vinyl. Odo: 84,365 miles. 239-ci V8, 2-bbl, auto. California car with bright paint but poor prep. Good trim, chrome and top. Nice interior. Clean underhood with correct stickers, but no power steering or power brakes. One of 33,685 Sunliner convertibles sold in 1954. Cond: 3. SOLD AT $27,540. Sold in November 2011 at McCormick’s Palm Springs sale for $20,213 (SCM# 195698). A great car to cruise in and vacation in, but restoring it to a competitive level would take more money and time than the car is worth. As it is, price was market correct for a driver. Silver Auctions, Portland, OR, 04/12. #66-1955 FORD THUNDERBIRD con- Mileage very likely correct. Cond: 2. SOLD AT $11,988. It’s highly unusual to find such a solid truck of this era, and one has to wonder if it should have been restored at all. Parade use might be a good fate for this one, as these trucks are very slow and wander all over the road like a bloodhound on a scent. Could not be replicated for this price. Well bought. Silver Auctions, Portland, OR, 04/12. 142 Whitewall tires. One of 32,810 convertibles built in 1950. Cond: 3-. SOLD AT $24,100. This car gave off a sad air of neglect, which suggests lack of use. That said, car was in a great color, and should respond to a freshening and a new top. Probably has lots of life left. Not a bargain, but no harm done. Silver Auctions, Portland, OR, 04/12. #232-1950 MERCURY 0CM custom coupe. S/N 50LA38547M. Black/red vinyl. Odo: 96,894 miles. 324-ci V8, 3x2-bbl, 3-sp. Nosed, decked, and shaved with louvered Sports Car Market vertible. S/N P5FH152507. Red/white canvas/red & white vinyl. Odo: 4,325 miles. 292-ci V8, 4-bbl, auto. Older show-quality

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Roundup paint is holding up well. Brightwork all looks new. Reproduction interior appears new, but is dusty in some areas. Engine compartment formerly detailed for show. Upgraded to 12-volt electrics, and equipped with an updated sound system. Cond: 2+. SOLD AT $49,500. The 1955–57 “Baby Birds” have sporty good looks, and many came equipped with convenience features such as power steering and a/c. Sadly, this car had neither, and it had seen quite a few enjoyment miles since its concours-quality restoration. Well sold. Dan Kruse Classics, Rosanky, TX, 03/12. #193-1955 FORD THUNDERBIRD con- vertible. S/N P5FH118853. Red/red fiberglass/red & white vinyl. Odo: 80,866 miles. 292-ci V8, 4-bbl, auto. Advertised as original, but evidence of an older repaint is beginning to bubble up. Body straight, glass good, and rubber fair. Hard top paint cracked. No soft top included. Power steering, but no power brakes or radio. Cond: 3-. SOLD AT $21,330. This car sold at this same sale in 2003 for almost the exact same money (SCM# 36637). If the buyer was looking for a driverquality car to finesse a little, this was probably a good start in a very good color. No harm done to either party at this price. Silver Auctions, Portland, OR, 04/12. #206-1960 CHEVROLET IMPALA 2-dr hard top. S/N 01837L112473. Red & white/red & white vinyl. Odo: 4,602 miles. 283-ci V8, 4-bbl, auto. Very nicely done in terrific colors. Straight body with good panel fit, chrome, and glass. Features power steering and power brakes. Edelbrock carburetor, valve covers and intake manifold. Chrome alternator and electronic ignition. Pacific Wonderland radio and nice leather seats, but console pad is vinyl and torn. Power brakes, but no power steering. Ignition shields are missing. Lots of flat black paint under the hood. Cond: 3. NOT SOLD AT $43,000. Every Split-Window Stingray will be 50 years old next year, and most have crammed a lot of living into that time. This car presented well but posed a number of troubling questions. The high bid was at the lower end of the mid-range, but was probably worth accepting. Silver Auctions, Portland, OR, 04/12. #211-1966 FORD GALAXIE 500 XL convertible. S/N 6G69Z106926. Yellow/black vinyl/black vinyl. Odo: 76,671 miles. 390-ci V8, 4-bbl, auto. Two-owner car with quality repaint, nice chrome, and recent engine and transmission rebuild. Respectable top, decent interior and clean engine compartment. Looks to be a good summer cruiser. Said to be origi- stereo and faded carpet, but is unmolested. Cond: 4+. SOLD AT $8,100. Good enough to drive as-is. The seller was there to fill in the details of the ownership, and said he was hoping for $9,000. This price suggests he was smart enough to pull the reserve when he got close. Well bought and sold. Silver Auctions, Portland, OR, 04/12. nal miles and could well be. Cond: 3+. SOLD AT $12,960. The previous two owners of this car clearly had some sentiment involved in its maintenance and eventual restoration, and the new owner is unlikely to see many other examples around. This was all the money, and I say well sold. Silver Auctions, Portland, OR, 04/12. plates. Cond: 2-. SOLD AT $24,300. Time has been very kind to the 1960 Impala. This looked like a very sound Oregon car that had been well cared for from the beginning. Well bought 144 #230-1966 FORD MUSTANG convert- ible. S/N 6T08T202621. Steel blue/white vinyl/blue & white vinyl. Odo: 293 miles. 200-ci I6, 2-bbl, auto. Basic Mustang convert- #185-1967 FORD THUNDERBIRD coupe. S/N 7Y81Z155804. Yellow/black vinyl. Odo: 12,107 miles. 390-ci V8, 4-bbl, auto. Laser-straight rotisserie restoration. All receipts. All-new motor, suspension, steering, transmission, brakes, exhaust, tires, and rear end. Glass-out repaint with all-new rubber seals. Nice interior. Power steering and brakes, but no a/c. Impeccable under the hood with all correct engine tags and decals. Cond: 2+. SOLD AT $12,420. This is quite possibly the best 1967 Thunderbird on the planet, but what to do with it? Every mile the new owner Sports Car Market tionable, but paint is a good color. Power top is stained. Nice pony interior in blue and white with gauge package. Wire-wheel hubcaps. Clean underhood, but with excessive rattle-can work. Cond: 3. SOLD AT $14,040. The 6-cylinder’s modest output meant the flimsier pieces of the Falcon-based suspension probably weren’t tested, and the 23 mpg is still a good figure. I’d call this car well bought as a driver, but there is not much money to be made improving it. Silver Auctions, Portland, OR, 04/12. #202-1966 PLYMOUTH BARRACUDA coupe. S/N BP290D62503683. Gold/black vinyl. Odo: 98,111 miles. 273-ci V8, 4-bbl, 4-sp. Survivor first-generation Barracuda with desirable Formula V8 and a four-speed, but no power steering or power brakes. Very straight body with dull paint, checked chrome, and good glass. Sound interior has Muntz 4-track for slightly under mid-market money with room for improvement. Silver Auctions, Portland, OR, 04/12. #207-1963 CHEVROLET CORVETTE coupe. S/N 308737S100944. Silver Blue Metallic/black leather. Odo: 83,895 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Attractive paint, but with body seams missing. Front wheelarches lack reinforcing ribs, which suggests one-piece replacement nose. Glass scratched. Rear bumpers appear original, but front seems to be a reproduction. AM/FM ible with 6-cylinder engine and automatic, but no power brakes or steering. Bodywork ques

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Roundup seat has a split seam. Scruffy, but correct, under the hood. Cond: 4. NOT SOLD AT $13,500. What if you saved something that absolutely nobody cares about? It could be the only one left, but, as Thor Thorson has observed, “Collectible then, collectible now.” Or not, as the case might be. Money offered was more than generous. Silver Auctions, Portland, OR, 04/12. #208-1971 JEEP COMMANDO Hurst drives, its value will decline. More interestingly, why restore this car? It only has the 390 motor instead of the 427 or 428, doesn’t have air conditioning, and it’s not the inexplicable four-door. Very well bought... I think. Silver Auctions, Portland, OR, 04/12. #223-1969 DODGE POLARA 500 con- vertible. S/N DM27L9D302006. Teal metallic/white vinyl/white vinyl. Odo: 68,224 miles. 383-ci V8, 4-bbl, auto. Said to be one of 573 built. Features power steering, power disc brakes and Posi. Paint, interior, and top claimed to be original. Paint blotched and faded at the rear, with rust issues by back window. Chrome quite good. Top and interior presentable and in the same vinyl, but driver’s wiring resembles a rat’s nest. Cond: 4+. SOLD AT $8,100. This was Jeep’s second shot at a Jeepster after the 1948–50 model, but it received a sound thrashing from Ford’s V8-powered Bronco. There is little doubt this car is rare, but if it had been a hit, there would have been more of them. As it is, you get the finish of a Forest Service truck without a decent V8. Well sold. Silver Auctions, Portland, OR, 04/12. jeepster. S/N 870513769288. White, red, & blue/black vinyl. Odo: 89,344 miles. 225-ci V6, 2-bbl, auto. Said to be one of 100 Hurst Jeepsters built. Dual-gate shifter, unreadable hood tach, enthusiastically applied paint over poor prep. Fitted with an oil cooler and electric fan. Missing a/c compressor. Underhood nance. Cond: 3. SOLD AT $4,536. This was a good example of an unexceptional car in pretty dreadful colors. I’d say you could drive it, but 12 mpg with 2-barrel performance wouldn’t appeal to anybody under 75. Let’s call it rare, but it should be. Cheap, but very well sold. Silver Auctions, Portland, OR, 04/12. #167-1973 FORD MUSTANG convert- ible. S/N 3F03F196517. Gold & black/black vinyl/tan vinyl. Odo: 60,379 miles. 460-ci V8, 4-bbl, auto. Handsome example of last big Mustang convertible. Repainted last fall by long-term second owner. New interior fitted in correct pattern. 460 V8 was installed in 1992 with all factory parts. Very clean and tidy. #143-1971 PLYMOUTH FURY Gran Coupe 2-dr hard top. S/N M29K1F153996. Bronze/brown vinyl/brown brocade. Odo: 82,239 miles. Straight body with good paint and fair chrome. Nice interior is well equipped with a/c, power steering, and power brakes. Records indicate generally steady mainte- Only being sold so that seller could restore his grandfather’s Chevrolet. Cond: 2. SOLD AT $17,172. An ideal scenario where a congenial owner with extensive knowledge of his excellent car was on hand to talk to potential buyers. He convinced the bidders he was a serious seller, and that he had a realistic reserve. The car sold for mid-market money, and I’d call it both well bought and well sold. Silver Auctions, Portland, OR, 04/12. #2451-1978 PONTIAC TRANS AM coupe. S/N 2W87Z8N134893. Black & gold/black vinyl. Odo: 76,587 miles. 403-ci V8, 4-bbl, auto. Older restoration now tiring, with minor chips around the doors and hood. Driver’s door not correctly aligned. Front fascia has some minor chrome issues, but the gold-tone Snowflake wheels, glass T-tops and overall strong appearance make it look ready 146 Sports Car Market

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Roundup Fresh Meat Online sales of contemporary cars 2007 Aston Martin Vantage coupe rear seat suggest the front buckets were either covered or reupholstered. Cond: 3. NOT SOLD AT $11,000. These typically change hands between $15k–$30k, but they’ve usually been babied with low mileage. This car had almost 100,000 miles on it, and although the paint was nice, it’s reasonable to think it was used with enthusiasm. Should have sold at this bid. Silver Auctions, Portland, OR, 04/12. Date sold: 04/02/2012 eBay auction ID: 220984970694 Seller: Momentum Wholesale, Houston, TX VIN: SCFBB03B57GC03276 Details: Snow Shadow Gray over Chancellor Red leather; 4.3L V8 rated at 379 hp, 6-sp manual, RWD Sale Result: $69,995, Best Offer, sf 58 MSRP: $110,600 (base) Other current offering: Aston Martin of Long Island in Roslyn, NY, asking $80,000. 2011 Lamborghini Gallardo LP570-4 Superleggera for the spotlight. Interior and underhood very well detailed. Car runs out well and starts instantly. Cond: 2-. SOLD AT $32,175. Recent sales of these cars remains strong, and interest by collectors makes it one of the hottest items from the otherwise lackluster late 1970s—even the Camaro Z/28s lag behind these Trans Ams, due in part to bigger engines and more unique and stylish looks. Leake, Oklahoma City, OK, 02/12. #55-1979 CHEVROLET CORVETTE coupe. S/N 1Z8789S439680. Dark red metallic/tan leather. Odo: 65,920 miles. 350-ci 195-hp V8, 4-bbl, auto. Two-owner Idaho car claiming original mileage. All power options, a/c, custom wheels, and attractive paint. Decent driver claimed to have always been Date sold: 04/02/2012 eBay auction ID: 320880191132 Seller: Exotic Motors Midwest, St. Louis, MO VIN: ZHWGU7AJ4BLA10285 Details: Giallo Midas over Nero Alcantara; 5.2L V10 rated at 570 hp, 6-sp E-Gear, AWD Sale Result: $209,888 MSRP: $258,615 (as optioned), 1 bid, sf 124 Other current offering: Lamborghini Dallas in Richardson, TX, asking $217,999. 2011 Mercedes-Benz CL550 AMG leather, power seats show minimal wear. Factory CD/cassette. Tires near new (probably only the second set). Cond: 2. NOT SOLD AT $11,600. A nice car, but, with an automatic, not particularly fast. However, it was probably never used in anger. I doubt this one ever spent a night outdoors. Money was fair. Silver Auctions, Portland, OR, 04/12. garaged, but dash is cracked. Scrape on the right front bumper. Pioneer aftermarket CD and alarm. Generally clean. Cond: 3. SOLD AT $10,800. The price paid here was almost exactly what the car cost new. Prices are increasing on these late ’70s Corvettes, but I’d still call this one well sold. Silver Auctions, Portland, OR, 04/12. #124-1987 BUICK GRAND NATIONAL coupe. S/N 1G4GJ1177HP436100. Black/black & gray cloth. Odo: 96,601 miles. 3.8-L turbocharged V6, auto. One of 20,193 Grand National Regal coupes built in the last year of production. Decent repaint. Considerable signs of wear on door panels and Date sold: 03/31/2012 eBay auction ID: 260992990119 Seller: Westwood Motorcars, Dallas, TX VIN: WDDEJ9EB8BA026916 Details: Palladium Silver Metallic over black leather; twin-turbocharged V8 rated at 429 hp, 7-sp auto, RWD Sale Result: $83,900, Best Offer, sf 219 MSRP: $124,865 (as optioned) Other current offering: Select Auto Imports in Alexandria, VA, asking $99,950. ♦ vertible. #17-1996 FORD MUSTANG Saleen conS/N 1FALP45X4TF135995. White/black vinyl/black leather. Odo: 57,775 miles. 4.6-L supercharged V8, 5-sp. Nice, original Saleen with decent paint and top. One of the former owners filled the trunk with $10,000 worth of stereo gear. Very clean with minimal interior wear. Good wheels. Cond: 2. #132-1990 CHEVROLET CORVETTE convertible. S/N 1G1YY33845118325. Steel Blue Metallic/black canvas/black leather. Odo: 24,091 miles. 350-ci 245-hp fuel-injected V8, auto. Very pleasant base-model C4. Notable mostly for its low miles. One of 7,630 convertibles built in 1990. Canvas top and black NOT SOLD AT $12,500. Saleens from this period seem to trade in the $9k–$15k range, at which they are undeniably good value for money. Perhaps the seller should have removed the stereo and sold it separately? Bid was fair, and should have closed the deal. Silver Auctions, Portland, OR, 04/12. © 148 Sports Car Market

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eBay Motors Online Sales Germans in $50k and Above Territory There’s still a place for Porsche and Mercedes-Benz, but VW Sambas are dancing closer was held onto — despite the bidders’ best efforts. O GERMAN #180849812205-1954 PORSCHE 356 Pre-A Speedster. S/N 80076. Red/black canvas/black leather. Odo: 2,246 miles. 36 photos. Costa Mesa, CA. “Was originally delivered in factory Speedster Blue with cream Acella Bast vinyl interior. Professionally restored and rarely used except for shows and minimal travel. The car has documentation of 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) by Chad Tyson Market opinions in italics close photos show no dents, dings or body flaws. Running condition not indicated. 3 bids. sf 32. Cond: 2. SOLD AT $62,500. Skyrocketing 300SL prices have been bringing up the baby brother’s value. I don’t think it will be too many years before these are regularly trading for six figures. Fairly bought for now. #260984728191-1965 PORSCHE 356SC the motor rebuild and handwritten testimony of the restoration performed in the early ’90s. Too nice to change the paint, so enjoy and let it appreciate until you are ready. Tool kit included with Porsche Certificate of Authenticity.” 21 bids. sf 458. Cond: 1-. SOLD AT $172,500. Very strong price for an equally strong car. The only real fault is the non-factory colors, but red and black is an appealing combination. Better sold than bought, but not by much. #260991320632-1962 MERCEDESBENZ 190SL convertible. S/N 12104210021310. Silver gray metallic/black canvas/red leather. Odo: 78,844 miles. 26 photos. Pompano Beach, FL. “Brand new chrome. Brand new soft top. All new weatherstripping and rubbers. A super solid, rust-free 190SL in the most desirable color combination.” Up coupe. S/N 221209. Togo Brown/tan leather. Odo: 50,752 miles. 18 photos. Greenwich, CT. “One of the finest, original one-owner Porsche 356SCs in existence. Driven only 50,752 miles since new. Other than some minor paint work and a right side mirror (fitted one week after it was purchased) it is totally original. Equipped with fog lights, chrome wheels, headrests and wood steering wheel. Exactly as it appeared on showroom in 1965. Included with Webers 40IDA. Clutch and trans are working fine. Replaced fuel lines. Brakes are rusty and sticky. I flushed the fluid and got them working and stopping.” 24 bids. sf 524. Cond: 3. SOLD AT $65,100. The condition rating is based more on the seller’s description than anything I saw in the photos. The body, interior and engine bay appear in very good condition. If the mechanicals can be sorted inexpensively, this could be very well bought. are the original bill of sale dated March 24, 1965, window sticker, owner’s manual, service booklet and tool kit—complete and perfect.” 43 bids. sf 10. Cond: 2+. NOT SOLD AT $164,100. This car was bid up beyond high-end 356SC cabriolet territory. That tells me the seller is putting more emphasis on the one-owner bit than the market is. Originality endows a premium, but this was more than enough to let it go with a big smile. Maybe even $50k too generous. #110848609018-1965 PORSCHE 911 sunroof coupe. S/N 301532. Eng. # 901656. Ruby Red/black leather. Odo: 122,000 miles. 24 photos. Chaplin, CT. “Found sitting in a dry garage in VT for 10-plus years. Matching 901/01 engine and 901/0 transmission rebuilt in 1979. Paint OK for a weekend driver. Chassis is rust-free. Front suspension pan replaced. Rockers look replaced. Rear torsion have some patching and some rust. It does fire right up and run. Solex carburetors replaced 150 refresher, but it is presentable for its age. Everything works.” Mismatched paint from door to rest of body. Worn front and rear seats. Best offer. sf 191. Cond: 3+. SOLD AT $59,500. This sold for OK-to-decent 3.5 coupe money, but nowhere near proper convertible money. It is an attractive car, but the market doesn’t seem to have much of a stomach for these conversions. Well sold. © Sports Car Market #190659442347-1971 MERCEDESBENZ 280SE 3.5 convertible. S/N 1110271201227. Tan/black canvas/black leather. Odo: 55,000 miles. 24 photos. Winter Park, FL. “Converted to a convertible. It runs and drives great, and the air blows cold. Recent service work includes brake system rebuild, new battery, starter, hoses and belts, oil and filter change. The paint could use a ur monthly drive into eBay Motors highlights German collectibles selling for more than $50k. The Volkswagen crowd might not like the lack of people’s cars here, but not many Samba buses reach $50k — yet. Audi fans will just have to wait until some of those cars are old — or rare — enough to be collectible. Mercedes-Benz and Porsche owners have been the ones willing to shell out sufficient cash to make this page. Some were well-bought, some were well-sold, and one

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For 24 years, Keith Martin’s Sports Car Market has been the informed, authoritative voice of the collector car hobby. Special Offer: 12 Issues of SCM Plus Two Pocket Price Guides—$65 Subscribe Today June 2012 Pocket Price Guides Every Year www.sportscarmarket.com/offer65 Call 877.219.2605 ext. 1 151 NEW! Receive Two

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Mystery Photo Answers Publisher Martin’s budget attempt to add an amphibious vehicle to the SCM collection. — Mike Buettell, Balboa Island, CA RUNNER-UP: Over the years, I’ve learned to dip my toes into the water before making the plunge. — Greg Swisher, via email Lacking a jack, Bobby found a unique way to swap out his flat tire. Unfortunately, he did not anticipate the gators in the stream. — Jim Graham, New Canaan, CT You put your left foot in. You put your left foot out. You do the Hokey Pokey and… — Sam Masyr, Brooklyn, NY Alligator in river, out of photo: “Yes, yes, that’s it. Now, just a little bit further.” — Norman Vogel, San Francisco, CA Brrrrrrrr....I’m not going in there. That water is COLD! — Alex Lobodovsky, Danville, CA Honey… Sweetie Pie… Can you get out and turn the hubs? — Steven Slebioda, Escondido, CA Damn it, Stanley! If you’d been keeping your eyes on the road instead of gawking at the girl with the big coconuts, we wouldn’t be in this predicament! — Tony Carpenter, Lincoln, CA The Short, Happy Drive of Francis Macomber. — Erik Olson, Dublin, CA Sasquatch fails the paral- lel parking portion of his driver’s test. — Chris Racelis, LaGrange, IL The modernized Disneyland jungle cruise experience has proved to be all too realistic. — Gary Francis, Chico, CA This Month’s Mystery Photo Response Deadline: May 25, 2012 Our Photo, Your Caption Be the author of the most accurate, creative or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@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. The reason the Beverly Hillbillies never went on a safari. — Jay Harp, Norman, OK “Dang it, Jethro! I told you to slow down. Ya just dumped Granny and her rocking chair into the cement pond! — Stan Chesshir, Portland, OR “Curse that rich-boy Arizona auction!” Otis screeched as he slammed on the brakes, narrowly avoiding a tumble into the drink for the third time that day. The Congo River board of directors had just auctioned off his beloved Amphicar in Arizona to keep the park afloat during the slow season. Otis could no longer take his special shortcut across the lake to get to the designated employee smoking area. — Mike Miller, Kennesaw, GA I thought you said Jurassic Park, take a left! — Bob Westrick, Hinsdale, IL The Jungle Adventure Ride at the discount theme park was sure more realistic than Disney… — Al Nelson, Pentwater, MI Mike Buettell wins a safari- themed SCM hat for his uncanny skill at reading Keith Martin’s adventurous mind. © 152 Sports Car Market

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Comments With Your Renewals A little bit more about 356 and older 911, please. — John Bonnesen, Faribault, MN More glib commentary, with less emphasis on the “Insider” and “SCMer” brotherhood. With total subscriber saturation, are the randy outsiders left? And sisters? — Charles Spiher, South Bend, IN Article comparison between two supercars, such as Ferrari GTO and Jaguar Series III V12 convertible with 4-speed and wires in Primrose Yellow. — Malcolm Rushworth, Spring, TX I love your Ferrari coverage. Sheehan is the best! — H.C. Dees, Granger, IN Your readers are obviously very diverse in their particular automotive interests. The magazine does a great job of appealing to us all. Don’t change a thing. — Paul Pizzo, Tampa, FL I’d love more on Japanese sprint cars. This is my favorite magazine. — Joe Kocurek, Burkburnett, TX I have mixed feelings about your magazine — seems like a rich guy’s guide to flipping cars for profit rather than true old sports car enthusiasts. — George Murphy, Oak Ridge, TN Still good after 16 years! — Paul W. Evans, Inglewood, CA When I started subscribing in 2002, I couldn’t afford any of the listings. Ten years later, I still can’t! — Tony Townsend, Ruckersville, VA Great magazine. Would like to see some focus on mid-level, driver-quality cars. — Jon Sloss, East Lyme, CT Great magazine! — Dean Beckman, Danbury, CT Sign me up for Motorcycle Market. — Richard Davis, Sacramento, CA I’d like to see more write-ups on the true classics, as listed in the Classic Car Club of America. (1925–48 cars). — Fred Berndt, Milwaukee, WI I published “Collector Car News” for 26 years. Your magazine is what I always wanted mine to be. — Walter Drew, Long Beach, CA Keith, I purchased a ’66 Shelby this year and now am upgrading my sub- scription to Platinum to celebrate!!! — Richard Cooke, Elmwood Park, IL This is supposed to be fun — not finance. Keep it irreverent, Keith. — Jeffrey Vogel, New York, NY Wife hides magazine ’til Honey-Do list is done! — John Mulvey, Long Beach, CA As a collector of automotive sales brochures, I would like to see sales bro- chures for the cars you feature. — Richard Rowe, Henderson, NV I think the three-year renewal says it all! — Brian Kelly Jr., Watchung, NJ Always look forward to your insight. Cheers — Constantine W. Petros, Santa Rosa, CA How about a series following a restoration project? And maybe a sidebar on a vintage truck or two. — S.F. Thomas, Bronxville, NY Keep up the good work, staff. I do enjoy! — Troy Raynor, Morro Bay, CA Keith, how about listing all Barrett-Jackson Scottsdale results with vehicle condition and price. B-J used to post it on their site years ago. Thanks. — Mark Gottlieb, Bell Canyon, CA Mark, we have that info in Platinum. — KM Put mag digital for iPad. — Ricardo Singer, Chula Vista, CA Ricardo, the SCM and ACC iPad apps are nearly ready. — KM And thanks to all of you for your thoughtful comments and your renewals. — Keith Martin June 2012 153

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $66/month ($88 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to classifieds@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. English 1935 Bentley 3½ Litre driver-quality car. I purchased the car from the previous owner, who had it since 1981. It had been in storage since 1994. All mechanical systems thoroughly serviced, so the vehicle can be driven and enjoyed. $34,900. Contact Tyler- 513.271.5565, email: precisionmotorcars@gmail.com. (OH) 1972 Rolls-Royce Silver Shadow sedan Elegant one-off body by Kellner of Paris. Original tools, tea service and fitted luggage. Payne electric overdrive. $375,000. Contact Fantasy- 510.653.7555, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1957 Morgan Plus Four This beautiful Ivory over Tan 911T is totally original. Never modified, never restored. Full Leather with Sport Seats. Potential Preservation Champion. Details and photos at website. Contact Steve917.887.4608, email: steve@exoticclassics.com. Website: www.exoticclassics.com. Two owner, Southern California car, no rust ever, extremely original, well maintained and serviced survivor. All hydraulics recently and completely refurbished. Excellent paint, leather, wood and cosmetics. This Rolls needs nothing, one of the absolute best. Even the factory 8-track player works. $23,800. Contact Tom- 505.660.3039, email: tomlinton@msn.com. (NE) 2000 Aston Martin Vantage 1973 Porsche 911T Fantastic driving car with 2.0-liter 914 motor @ 120-hp. Comes with matching number original engine too. Upgraded seats, but original seats come with car. White, red leather. Super clean, super quick. Well documented. Matthew L deGarmo Ltd. $55,000. Contact Matthew- 203.852.1670, email: Matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. (CT) 1973 Porsche 911T Triple black and loaded. Spectacular condition (garage kept) and fully serviced w/65k miles. $12,950. Contact Michael- 917.620.8158, email: maxforza@aol.com. 2002 Mercedes-Benz SLK32 AMG 1963 Porsche 356B Outlaw email: lenny@exoticclassics.com. Website: www. exoticclassics.com. 1991 Porsche 944 S2 cabriolet Firemist Red/Charcoal AMG leather. One owner, 33,700 miles. 3.2-liter supercharged V6 rated at 349 hp, 5-sp auto, 17” dual-spoke wheels, Bose sound system. Many more options and features. $23,000. Contact John- 503.449.3044, Website: www.flickr. com/photos/mbslk32amg. Irish 1981 Delorean DMC-12 A car with great history, only one owner from new until 1992. Gorgeous restoration done in BR Green, full leather interior. Race prepped motor with twin Webers. SS exhaust. Super clean, super tight, super quick. Best driving Morgan ever in our inventory. $55,000. Contact Matthew- 203.852.1670, email: matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. 1958 Austin-Healey 100-6 Presented in Metallic Blue with black leather interior. Fresh paint, fully serviced, over $20,000 in receipts. Superb example. Details and photos at website. Contact Steve- 917.887.4608, email: steve@exoticclassics.com. Website: www. exoticclassics.com. 1978 Mercedes-Benz 450SEL 6.9 sedan Original owner. Condition #2. 5-spd, 36k miles, gray leather. Consider trade up to Maserati Spyder or Quattroporte (2004–08). $29,000. Contact Paul401.455.0618, (RI) Italian 1964 Alfa Romeo 2600 Sprint Featured in stunning black with grey leather and black piping. Potent V12 engine and 6-speed manual transmission. 37,500 miles. Pristine and fast. Details and photos at website. Contact Craig516.885.9356, email: craig@exoticclassics.com. Website: www.exoticclassics.com. German 1960 Mercedes-Benz 190SL BN4 w/4-spd plus overdrive and chrome wires. Recent nut and bolt restortation in the cars original color combination. Many photos on website. $49,500. Contact Kevin- 319.337.4140, email: info@hartek.org. Website: www.hartek.org. (IA) 1965 Sunbeam Tiger Mk I convertible White/black. 33k original miles. Three owner car w/history, service records and manuals. Flawless interior. Rare hard top included, fully sorted out. Just finished a complete comprehensive service. $78,900. Contact The Last- 847.689.8822, Website: www.thelastdetail.com. (IL) Very original unrestored Tiger (one repaint 30-plus years ago aging well). Vehicle is a solid, unmodified, 154 Well maintained 6.9. Rare Magnetite Blue partially repainted and in very good condition. Original parchment interior has new seat pads, carpeting and refinished dashboard wood. Original Becker AM/FM modified by Becker for auxiliary input. Suspension stays up and everything (a/c, sunroof, cruise, etc.) works well. Maintenance history going back close to 20 years shows attentive ownership. More pictures available upon request. $17,000. Contact Robert540.809.4419, email: raftel@yahoo.com. (VI) 1981 Porsche 930 Turbo Carrera 3.3-liter. 49k miles. Stainless exhaust, VDO mechanical boost gauge, Momo wheels, factory strut tower brace, excellent tires on alloy turbo wheels, sport seats, all leather. Power windows, locks, sun roof and mirrors. Factory a/c. Superior condition, always garaged. $33,900. Contact Gerry307.473.8333, email: mrq38@comcast.net. (DC) 1988 Porsche 930 Turbo Cab Rare triple-black factory slantnose with only 26k miles. Complete history. Porsche Certificate of Authenticity. Franz Blam upgrades. Details and photos website. Contact Lenny- 917.951.2069, Sports Car Market Beautifully restored. Multiple Best of Show wins and AROC Certificato d'Oro. Manuals, tool kit, receipts, literature. $55,000. Contact Fantasy- 510.653.7555, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1965 Alfa Romeo 2600 Touring Spider La Dolce Vita style. Late production 4 wheel disc example. Drives exceptionally well. Paint by Beckman, Santos interior, mechanical work by Cortez. Triple Webers, tools. $98,500. Contact Fantasy- 510.653.7555, email: sales@ fantasyjunction.com. Website: www.fantasyjunction. com. (CA)

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SCM Showcase Gallery 1966 Ferrari 500 Superfast 1968 Ferrari 365 GT 2+2 2005 Maserati Cambio Corsa 1964 Dodge A100 pickup Silver with red interior, New York Auto Show Car, Exceptional original condition. Low mileage, Full know history. A very special car. Contact Sales, Motorcar Gallery, Ft. Lauderdale. 954.522.9900, email: sales@motorcargallery.com. Website: www. MotorCarGallery.com. (FL) 1967 Maserati 5000 GT Extremely well maintained, matching numbers example with over $48,000 in receipts, including engine rebuild. Tools with roll, a/c, power windows. $99,500. Contact Fantasy- 510.653.7555, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1986 Ferrari 328 GTS This 90th Anniversary Edition Spyder Cambio Corsa is #58 of 90 made. Beautiful metallic blue. Only 10,600 miles. Details and photos at website. Contact Steve- 917.887.4608, email: steve@exoticclassics. com. Website: www.exoticclassics.com. American 1949 Willys Jeepster The “Anti Sportscar” in Pepto Pink. High-quality restoration work. Slant six. Eyeball magnet. More details on website.” $12,000. Contact Steve714.401.1047, Website: www.vaultcars.com. 1966 Cadillac Coupe DeVille Frua body example built for Mr. Engelhardt, a prominent German architect. Reported to have cost $70,000 when new, this car has many special features, Needs refurbished but will make a concours show winner when done. Contact Sales, Motorcar Gallery, Ft. Lauderdale. 954.522.9900, email: sales@motorcargallery.com. Website: www. MotorCarGallery.com. (FL) Black/tan interior with special order tan leather dash. Excellent service history with recent belt service and owner’s log. Books and Tools, 52,900 mi. Contact Sales, Motorcar Gallery, Ft. Lauderdale. $39,900, Financing available. Trades Welcome. 954.522.9900, email: sales@motorcargallery.com. Website: www.MotorCarGallery.com. (FL) California car modified to drive like a modern car. Fully restored with 283 Chevy V8, power steering, automatic transmission, A/C, Power disc brakes. Dark green, light green full leather, Wilton wool carpets, great stereo. Would cost crazy money to duplicate. $39,500. Contact Matthew- 203.852.1670, email: matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. 1951 Cadillac Series 62 coupe 15k original miles. Original black exterior. Immaculate original red interior in “like new” condition. Fully loaded ice cold a/c 429-ci. Exceptional unrestored survivor. Needs nothing. The Last Detail. $34,900. Contact The Last847.689.8822, Website: www.thelastdetail.com. (IL) 1967 Chevrolet Impala SS 427 Rare Impala SS factory ordered with the 427/385hp V8. All numbers matching drivetrain. Flawless Nantucket Blue and mint Med Blue Strato bucket interior, console, SS gauge package. $48,900. Contact The Last- 847.689.8822, Website: www. thelastdetail.com. (IL) 1970 Dodge Challenger Personal car of editor and publisher David E. Davis. 8,551 original miles. Bolero Maroon/tan cloth in exceptional shape. Meticulously maintained survivor. $49,900. Contact The Last- 847.689.8822, Website: www.thelastdetail.com. (IL) 1955 Chevrolet Bel Air 2-dr post 340 - Six Pack, 4-speed. Complete documentation with original dealer jacket and factory paperwork. Dash signed by Mr. Norm. $99,900. Contact Donna708.388.5277, Website: www.mcecars.com. 2002 Ford Thunderbird Paul Neuman rolling chassis, LT1 and 4L60E auto. Black with blue pearl over Sid Chavers butterscotch leather interior. Intro wheels. Would consider ‘59 ‘Vette for trade. $85,000. Contact Dave- email: dd795@aol.com. (PA) Yellow/black and yellow. 1,000 original miles. Private collection. As new, still with original window stickers. Only year for this color combination. All options, car cover and more. $30,000. Contact Robert- 203.367.6595, email: prancing_hors54@ hotmail.com. (CT) 2010 Tesla Roadster With only 1,105 miles this Tesla is virtually new. Incredible performance, 0-60 in 3.7 seconds! Stunning in Orange with Orange and black leather. Details and photos at website. Contact Lenny516.428.1435, email: lenny@exoticclassics.com. Website: www.exoticclassics.com. © 156 Sports Car Market

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Auction Companies Artcurial-Briest-Poulain-Le Fur. 33 (0)1 42 99 2056, 33 (0)1 42 99 1639. 7, Rond-Point des Champs-Elysées, 75008 Paris, France. Email: motorcars@auction.fr. www.artcurial.com/motorcars. (FR) Exoticars USA. 908.996.4889, Wil Auctions America. 877.906.2437, Formed in July 2010 as a subsidiary of RM Auctions, the Auctions America by RM team led by collector car expert Donnie Gould, specializes in American classics, Detroit muscle, hot rods, customs, and vintage motorcycles. Consign With Confidence. www.auctionsamerica.com. (IN) de Groot’s Exoticars USA has serviced and restored Ferrari, Maserati and Lamborghini in the NJ, PA, NY region since 1979. We’re passionate about keeping your car fast, reliable, beautiful and authentic. Our mechanical, paint/ body, electronic, machining and fabricating work is unsurpassed and award winning. We have specialized equipment and knowledge to service newer and vintage models and everything in between. www.exoticars-usa.com. (NJ) eBay Motors. List your car for sale. $0 insertion fee. $60 listing fee if vehicle sells for under or at $2,000, $125 if it sells for over $2,000. Visit the “Services” section on www.ebaymotors.com for more details. customer service and fast paced twolane auction ring makes them a leader in the business. Leake currently operates auctions in Tulsa, Oklahoma City, Dallas and San Antonio. Visit them online at www.leakecar.com or call 800.722.9942. San Antonio – April 20-21, 2012 at Freeman Coliseum Tulsa – June 8-10, 2012 at QuikTrip Center Dallas – November 16-18, 2012 at Dallas Market Hall premier auction events in the United States, Russo and Steele has developed a reputation for its superior customer service and for having the most experienced and informed experts in the industry. www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Silver Auctions. 800.255.4485, Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. The Mecum Auction Company has been specializing in the sale of collector cars for over 23 years, offering an industryleading 5,000 collector cars per year. Watch Mecum Auctions live on Discovery’s HD Theater. Consignment, bidder and event information is available online. 950 Greenlee ST, Marengo, IL 60015 www.mecumauction.com. (IL) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service, and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watch unique and select vehicles while attendees enjoy a lifestyle experience featuring fine art, fashion and gourmet cuisine. In every way, the legend is unsurpassed. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrett-jackson.com. (AZ) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfields. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfields.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Hollywood Wheels Auctions & Shows 800.237.8954, Hosting two auctions a year in beautiful Palm Beach FL, March & December. Offering quality collector cars and personalized service, all in a climate controlled, state of the art facility. Come be a part of the excitement! Check us out at www.hollywoodcarauctions.com... Where Col- lectors Collect! See You On The Block! RM Auctions, Inc. 800.211.4371, 519.351.1337. With over three decades of experience in the collector car industry, RM’s vertically integrated range of services, coupled with an expert team of car specialists and international footprint, provide an unsurpassed level of service to the global collector car market. www.rmauctions.com. (CAN) Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) 158 Russo and Steele Collector AuLeake Auctions. 800.722.9942, Join Leake Auction Company as they celebrate 40 years in the collector car auction industry. Their unsurpassed tomobile Auctions. 602.252.2697, 602.252.6260. Specializing in the finest European sports, American muscle, hot rods and custom automobiles; Russo and Steele hosts two record breaking ALL RESERVE auctions per year; Monterey, CA every August and Scottsdale, AZ every January. As one of the Centerline Products. 888.750. ALFA, Exclusively Alfa Romeo for over 30 years - rely on our experience to build and maintain your dream Alfa. Restoration, maintenance, and performance parts in stock for Giulietta through 164. Newly developed products introduced regularly. Check our web Sports Car Market MotoeXotica Classic Cars & AucGooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest, award-winning examples of collector vehicles at the most prestigious auction venues. Our team of well-qualified experts will advise you on current market values. Gooding & Company presents the official auction of the famed Pebble Beach Concours d’Elegance in August, the recordsetting Scottsdale Auction in January and a world-class auction at the Omni Amelia Island Plantation in Florida in March. www.goodingco.com. (CA) H&H Classic Auctions. +44 8458 334455, +44 8458 334433. The Motor House Lyncastle Road Warrington England. WA4 4BSN www.handh.co.uk. (UK) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www.classic-carauction.com. (CA) The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group—Auctioneers, Appraisers and Brokers—is one of the world’s premier auction houses, specializing in the procurement and sale of the world’s finest automobiles and vintage watercraft. www.wwgauctions.com. (IN) 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 tions. 866.543.9393, After 24 years of selling classic cars, MotoeXotica has branched out with classic & exotic car auctions. MotoeXotica currently has auctions in St. Louis, Missouri, Springfield, Missouri, and Phoenix, Arizona. Combining some of the industry’s lowest entry fees and commissions MotoeXotica is poised to keep expanding while maintaining superior customer service. Contact MotoeXotica today at 866-543-9393 or online at www.motoexotica.com. Worth the trip! Silver Auctions isn’t successful because we auction the most expensive cars, we’re successful because we auction the cars that you love. Silver Auction’s staff, bidders and consignor are everyday people with a passion for Nostalgic and Collector cars. Come see the difference at Silver Auctions. 2020 N. Monroe, Spokane, WA 99205. silver@ silverauctions.com. www.silverauctions.com. (WA) Specialty Auto Auctions and Sales. 800.901.0022, Established by Bruce and Helen Douglas in 1987. Based in Colorado and doing auctions in Colorado, Nevada and South Dakota. This year we will join forces with Hot August Nights and B & T Custom Rods for two sales in Nevada. We will also be working with Automania for sales in South Dakota. For personalized service contact us. www.saaasinc.com. (CO)

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site for online store, new arrivals, tech tips, and special offers. www.centerlinealfa.com. (CO) Jon Norman’s Alfa Parts. 800.890.2532, 510.525.9519. 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from Giulietta to 164. Efficient, personal service. www.alfapartscatalog.com. (CA) Appraisals Automobilia Steve Austin’s Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Drive in or fly in...you will find us most accommodating. www.hartekautomotive.org (IA) Classic Car Transport Motor Auto Express, Inc. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) indiGO Classic Cars. Vintage Auto Posters. Since 1980, Auto Appraisal Group. 800.848.2886, Offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certified, confidential, prompt, professional. “Not just one man’s opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. Everett Anton Singer has been supplying international collectors with the most diverse selection of authentic vintage automotive posters. The vast inventory runs from the late 1890s through the 1960s; featuring marque, event and product advertising. Please visit us at: www.VintageAutoPosters.com. Buy/Sell/General 888.255.5546, indiGO Classic Cars buys individual cars and collections specializing in the purchase of Ferraris, Lamborghinis, Maseratis, Porsche and Mercedes. indiGO will pay for shipping, handle paperwork and will gladly pay finder’s fees. indiGO has capital and large lines of credit to pay the highest prices. indiGO Classic Cars is an indiGO Auto Group dealership. www.indigoclassiccars.com. (TX) Passport Transport. 800.736.0575, Luxury Brokers International. Specializing in the Purchase, Sales, and Brokerage of Fine Automobiles and Alternative Investments. Adolfo Massari 610.716.2331 or Andrew Mastin 215.459.1606. Email: Sales@lbilimited. com. Web: www.LBILimited.com. Brighton Motorsports. Gooding & Company. 310.899.1960, Gooding & Company’s experts are well-qualified to individual automobiles as well as collections and estates. Whether it is the creation of a foundation, living trust or arrangement of a charitable donation, we are able to assist you. www.goodingco.com. (CA) 480.483.4682, Brighton Motorsports, Scottsdale, Arizona, is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale’s legendary auction arena. They also have a state-of-the-art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) International Auto Appraisers Resource. Use IAAA Appraisers’ to perform insurance and legal appraisals and pre-purchase inspections; It is IAAA the largest association that certifies auto appraisers, who follow ethics, participate in ongoing training for IAAA/Uniform Standards for Automotive Appraisal Procedures™. Certifications include Master Automotive Appraiser™ and Automotive Arbitration/ Mediation Umpire™. The apprentice program was used by Mitchell International and other qualified applicants from the automotive industry. Locate IAAA members and get association info. www.autoappraisersassociation.com. Paul Russell and Company. 978.768.6092, www.paulrussell.com. Specializing in the Preservation and Sales of European Classics, pre-war through the 1970s, since 1978. You can rely on our decades of experience with Mercedes-Benz, Ferrari, Porsche, Bugatti, Alfa Romeo and other fine collectibles. Repeat customers are the lifeblood of our business. Contact us today to join them. Car Sales Manager, Alex Finigan: Alex@paulrussell.com. (MA) Barrett-Jackson is proud to endorse a new breed of insurance for classic, antique, exotic, special interest, contemporary classic and limited-edition cars. To get a quote is even easier with our new on-line improvements. Go to www. barrett-jackson.com/insurance/, select Get a Quote, enter in a couple key pieces of information about your vehicle and get an estimated quote within seconds! It’s that easy. Don’t be caught without the right insurance for your vehicle. In the unfortunate aftermath of damage to your vehicle, learning that your insurance won’t restore your prized possession to its former glory, or appropriately compensate you for your loss, is the last thing you want to hear. To get a quote by phone, call 877.545.2522. Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com. www.classicshowcase.com. (CA) West Coast Auto Appraisals. 310.827.8400, Pre purchase, diminished value, total loss settlements, expert witness. Let us be your eyes and ears, friendly and very knowledgeable car experts, muscle cars, street rods, Europeans, full classics, modern day and more. Servicing all of California, nationwide for larger car collections. Member of IAAA and AMA. Check out our website for a full list of services. www.thecarappraiser.com. (CA) June 2012 Hartek Automotive, 319.337.4140, Hartek Automotive is a division of Hartwig Motors Inc, one of the oldest automotive retailers in the Midwest since 1912. Hartek Automotive specializes in the maintenance and sale of sports and prestige automobiles. Their reputation for service continues with a very personalized approach to maintenance of an individual’s daily driver, to the restoration of that special automobile. Hartek Automotive also offers presale or post-sale inspections. Uniquely located in Iowa we are equally accessible for the enthusiast from anywhere. Woodies USA. 949.412.8812, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Laguna Niguel, California (new location). www.woodiesusa.com. (CA) Grundy Worldwide. 888.647.8639, Grundy Worldwide offers agreed value insurance with no mileage limitations, zero deductible*, and high liability limits. Our coverages are specifically designed for collectible-car owners. From classic cars to muscle cars, 159 The Last Detail. 847.689.8822 North Chicago / Kenilworth, Il., As “Trusted Advisors” for over 35 years we have been assisting enthusiasts make critical decisions before creating costly mistakes. Whether servicing, buying or selling, your one stop destination for all of your automotive needs, Down to....The Last Detail! www.thelastdetail.com. (IL) Chubb Collector Car Insurance. 1.866.CAR.9648, The Chubb Collector Car Insurance program provides flexibility by allowing you to choose the agreed value and restoration shop. Broad coverage includes no mileage restrictions and special pricing for large schedules. For more information contact us at 1(866)CAR-9648 or www.chubbcollectorcar.com. Since our founding in 1970, we have shipped thousands of treasured vehicles door-to-door with our fully enclosed auto transporters. Whether your prized possession is your daily driver, a vintage race car, a classic, a '60s muscle car, or a modern exotic you can depend on Passport Transport to give you the premium service it deserves. We share your appreciation for fine automobiles and it shows. www.PassportTransport.com. Collector Car Insurance

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Grundy Worldwide has you covered. (*Zero deductible available in most states.) 888.6GRUNDY (888.647.8639). www.grundyworldwide.com. (PA) Aston Martin of New England. Hagerty Insurance Agency, LLC. 800.922.4050, is the leading insurance agency for collector vehicles in the world and host to the largest network of collector car owners. Hagerty offers insurance for collector cars, motorcycles and motorcycle safety equipment, tractors, automotive tools and spare parts, and even “automobilia” (any historic or collectible item linked with motor vehicles). Hagerty also offers overseas shipping/touring insurance coverage, commercial coverage and club liability coverage. For more information, call or visit www.hagerty.com. (MI) 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) FerrariChat.com. The largest on- line Ferrari community in the world with over 80,000 registered users. 3,000 new posts a day from Ferrari owners, historians, and enthusiasts along with 5 Million in our archives. Over 1,000 ads in our Classifieds www.ferrarichat.com. European Collectibles, Inc. Lamborghini Houston. AUTOSPORT DESIGNS, INC.. 631.425.1555, All Aston Martin models welcome regardless of age, as new inevitably become old! Routine servcingcomplete mechanical restorations/rebuilds — Cosmetic repair/paintwork to complete frame-off restoration. Large inventory of parts. All services as well as our current unventory of automobiles for sale can be seen at www.autosportdesigns.com. (NY) 888.588.7634, Lamborghini Houston is a factory authorized Lamborghini dealership offering customers new and pre-owned Lamborghinis in addition to one of the largest selections of exotic cars in the United States. With one of the finest service facilities in the world, Lamborghini Houston consistently services all exotic cars including Ferraris, Maseratis, Lamborghinis, Bentleys and Aston Martins. Lamborghini Houston offers shipping nationwide. Lamborghini Houston is an indiGO Auto Group dealership. www.lamborghinihouston.com. (TX) Fourintune Garages Inc. 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. (FL) 262.375.0876, www.fourintune.com. With over 25 years of experience in complete ground-up restoration on British Marques — specializing in Austin-Healeys for 35 years. Experience you can trust, satisfied customers nationwide. Visit our website for details on our restoration process. Located in historic Cedarburg since 1976 — just minutes north of Milwaukee. (WI) Randy Simon. 310.274.7440, ^ 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don’t have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder’s fee gladly paid. simonrandy@aol.com (CA) 949.650.4718, European Collectibles has been buying, consigning, selling and restoring classic European Sports Cars since 1986. We specialize in Porsche (356 and 911) 1950s to early 1970s along with other marks including Mercedes, Aston Martin, Ferrari, MG, Austin Healey & Jaguar with 40 vehicle in stock to chose from. European Collectibles also offers complete mechanical and cosmetic restorations to Concours level along with routine service. Located in Orange County, California between Los Angeles and San Diego. Sales@europeancollectibles. com or visit our website www.europeancollectibles.com. (CA) Mercedes-Benz Classic Center. 1.866.MB.CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts – for vintage car sales, meticulous restorations by manufacturertrained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www.mbclassiccenter.com. (CA) Porsche of North Houston. RPM Classic Sports Cars. J.C. Taylor Insurance. 800.345.8290, Antique, classic, muscle or modified — J.C. Taylor Insurance has provided dependable, dynamic, affordable protection for your collector vehicle for over 50 years. Agreed Value Coverage in the continental U.S., and Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online at www.JCTaylor.com. Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12-month policy covering a whole season and or for specific events. Please contact Mark Cooke and or Kevin Way. English AC Owner’s Club Limited. 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world’s largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. Email: jim@jwfrestoration.com. (OR) 160 Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Ferrari/Maserati/Lamborghini 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two car enclosed transporter makes getting your car to our shop within the northeast a breeze. www.rpmvt.com. German Cosdel International Transportation. Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. WWW.CAROBU.COM. Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100. Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) Since 1960 Cosdel International Transportation has been handling international shipments by air, ocean and truck. Honest service, competitive pricing and product expertise have made Cosdel the natural shipping choice for the world’s best-known collectors, dealers, and auction houses. If you are moving a car, racing or rallying, or attending a concours event overseas, Cosdel is your comprehensive, worldwide resource for all of your nationwide and international shipping needs. We are your automobile Export Import Experts. 415.777.2000 carquotes@cosdel.com. www.cosdel.com. (CA) Sports Car Market 888.588.7634, Porsche of North Houston is a factory authorized Porsche dealership committed to all things Porsche. Porsche of North Houston activates experiential Porsche ownership for customers offering a large selection of new, pre-owned and vintage Porsches. We offer nationwide shipping. Porsche of North Houston is an indiGO Auto Group dealership. www.porscheofnorthhouston.com.(TX) Import/Export

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Inspections 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) Italian MMRsite.com. The on-line inforHamann Classic Cars. 203.918.8300, with more than 30 years in the industry and world wide clientele in dealing in European race and sports cars, specializes in classic Ferrari of the ’50s & ’60s. www.ferrari4you.com Literature Via Corsa Car Lover’s Guide- books. Travel the world with guidebooks written for car enthusiasts! We cover car museums, factory tours, race tracks, auctions, and major events. Exclusive interviews with Alice Cooper, Hans-Joachim Stuck, Derek Bell, Mario Andretti, and more! Our guidebooks are available at motorbooks.com and amazon.com. Museums LeMay—America’s Car Museum, set for a June 2012 opening in Tacoma, WA, explores how the automobile has fulfilled a distinctive role at the core of the American experience and shaped our society. The spacious museum with rotating exhibits is designed to be the centerpiece for automotive history as well as an educational center and library. The campus also contains a 3.5-acre show field, theatre, café, banquet hall and meeting facilities. To become an ACM member, volunteer or make a donation, visit www.lemaymuseum.org. (WA) Parts and Accessories Autobahn Power 877.683.3001 We specialize in complete Performance and Modification Projects for all types of vehicles. Spanning decades we have completed literally hundreds of project cars. Many are used for daily drivers that can aggressively ramp it up for performance venues. Located in the heart of the Midwest, we’re easily accessible. If you’ve got a project in mind, we know you want a trusted source for quality work in performance, efficiency and safe upgrades to your ride. Choose us! Autobahn Power! Visit us at autobahnpower.com. June 2012 mation and entertainment resource for enthusiasts of European cars and motorcycles. Interactive database features include 1,300 selected suppliers of goods and services. Interesting classified ads, book and DVD reviews, blog, forum and MMR store. Subscribe today to receive our MMR Community Newsletter and help us build this site. www. MMRsite.com. Griot’s Garage. 800.345.5789, The ultimate online store for car care products and automotive accessories. www.griotsgarage.com. (WA) roof and the process is under full control at all times. Projects are carefully managed through all tasks and owners are kept informed with weekly email reports, phone calls and photographs. We are skilled in all aspects of the craft of restoration and are as comfortable coach building a car from scratch as we are doing light maintenance on rare and valuable cars or tune ups on the family’s original heirloom Model T. If you want your car worked on by a company that still maintains their passion of the hobby and provide you with the accountability of good friends give us a call, we look forwards to hearing from you. David Grainger/Janice Stone, proprietors. www.guildclassiccars.com (CAN) RPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two-car, enclosed transporter makes getting your car to our shop within the northeast a breeze. www.rpmvt.com. Sports and Competition The Last Detail. 847.689.8822 WeatherTech® Automotive Acces- sories. 800.441.8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defined high quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from All-Weather Floor Mats, Extreme-Duty Floor Liners, Cargo/Trunk Liners, Side Window Deflectors, No-Drill MudFlaps, many different options of License Plate Frames and more. We have products available for virtually every make and model. To see and buy everything, go to www.WeatherTech.com. Restoration — General North Chicago / Kenilworth, Il., As “Trusted Advisors” for over 35 years we have been assisting enthusiasts make critical decisions before creating costly mistakes. Whether servicing, buying or selling, TLD is your one stop destination providing the highest quality services from basic maintenance to full frame-off restorations. www.thelastdetail.com. (IL) RM Auctions, Inc. 800.211.4371, 519.351.1337. Celebrating 30 years in the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world’s rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM’s restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world’s top three collector car events in a single year. www.rmauctions.com. (CAN) © Performance Restoration. 440.635.0053, Exciting new location in North East Ohio, close to major highways. As always, an open, clean, well-equipped, busy facility. Several projects from antique to sports cars in the works. Always time to help fellow enthusiasts with advice. What can we help you with? supercharged@windstream.net. (OH) FOLLOW SCM Classic Restoration. 303.761.1245, Classic Restoration by Country Club Auto, located in Colorado, is a large facility that offers world-class restoration, repair and fabrication services. Highly organized, fiscally responsible and providing bi-weekly detailed billing, we keep you abreast of the rapid progress of your project in every way. Check out our excellent website for details. Email doug@classicrestodenver.com. www.classicrestodenver.com. (CO) WHAT’S YOUR CAR WORTH? FIND OUT AT NOW FREE! The world’s largest collector car price guide based on over 500,000 sold transactions from . The Guild of Automotive Restor- ers. 905.775.0499. The Guild is one of the most recognizable names in the business of restoring antique and classic cars and with good reason. We are a multi service facility which means that your car is fully restored under one Updated weekly. www.collectorcarpricetracker.com 161

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Carl Bomstead eWatch Packard Pedal Car Brings $25k Signs hit price-point bull’s-eye, and money bubbles up for Moxie pedal car Thought Carl’s Bill Morford conducts a couple of online auctions a year and specializes in investment-grade collectibles that frequently include automotive items. His high-end offerings run the gamut, but “country store” is his forte, and in his recent Auction 74, which closed on March 23, he offered one of the most spectacular brewery signs we have seen. The sign was from the Iroquois Brewing Company and had been purchased some years ago from the estate of the president of the brewery. The sign measured 35 inches by 28 inches, and the border was heavily embossed tin with multi-colored detailed relief. The body of the sign was highly detailed plaster chalk-wear. It was so spectacular that the selling price of $55,000 actually seemed reasonable. Here are a few more that we found while whiling away the hours following various auctions: 3/31/2012. Early bus depot signs continue to be very collectible, and they often bring serious money — depending on the graphics. This one was in decent condition, with some minor edge wear, but the body of the sign was just fine. Price paid included the 18% vig and was the going rate, so no problem here. EBAY# 300669604621— LALIQUE ARCHER HOOD ORNAMENT. Number of Bids: 32. SOLD AT: $3,100. Date Sold: 3/1/2012. The Archer, or “Tireur d’Arc,” was introduced in 1926, and the design was referred to as a “roundalier.” It was one of the least impressive of the 30 Lalique mascots presented in the 1932 Lalique catalog. Price paid was in line with other recent sales. car barn — even if you didn’t collect soda stuff. PACKARD PEDAL CAR. Estimate: $25,000–$35,000. EBAY# 300660992040— SHOWTIME AUCTION SERVICES SPRING SALE— LOT 925 AMERICAN NATIONAL “MOXIE” PEDAL CAR. Estimate: $10,000– $15,000. SOLD AT: $16,520. Date Sold: 3/31/2012. In the 1920s, Moxie was the country’s most popular soft drink — even outselling Coca-Cola. They had an active advertising program SHOWTIME AUCTION SERVICES SPRING SALE— LOT 866 SANTA FE TRAIL BUS DEPOT PORCELAIN SIGN. Estimate: $2,000–$2,500. SOLD AT: $3,835. Date Sold: with the famed “Moxiemobile” a common sight. They used a number of different marques over the years, but only a LaSalle survives today. The pedal car offered here was in exceptional original condition and even had Moxie bottle caps as hubcaps. It measured about 52 inches in length, and it would be a cool addition to any KARL BUB TIN LIMOUSINE CIRCA 1920. Number of Bids: 24. SOLD AT: $2,940. Date Sold: 2/19/2012. This German tin limousine was manufactured by Karl Bub, a well-respected toy manufacturer of the era. It was about eight inches in length and was in excellent condition, with bright green paint and only a minor dent in the top. It had a large Felix the Cat hood ornament mounted on the hood, which was an unusual touch for this manufacturer. A quality toy at a reasonable price. SHOWTIME AUCTION SHOWTIME AUCTION SERVICES SPRING SALE— LOT 923 AMERICAN NATIONAL “ELECTRIC” SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $65 for 12 monthly issues in the U.S., $95 Canada/Mexico, Europe $105, Asia/Africa/Middle East $115. Subscriptions are payable in advance in U.S. currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 877.219.2605, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 162 SERVICES SPRING SALE— LOT 1003 TIN SAND “USED CAR” SIGN. Estimate: $2,000– $5,000. SOLD AT: $7,080. Date Sold: 3/31/2012. This very early “Used Cars” sign used sand as the background. It reflected light and attracted attention in the days before neon and reflective paint. It was double sided in that it was two signs attached to inner supports. It was in excellent condition considering the age and sold for a most aggressive price. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market SOLD AT: $24,780. Date Sold: 3/31/2012. This sensational Packard Pedal car dated to 1926 and is the only all-original example known. Expected wear to the fabric top, but the paint was in amazing original condition. It was equipped with electric lights and horn and was about 70 inches in length. Pricey, but considering the rarity and original condition, this was a realistic price. Just don’t let the grandkids get close to it.