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YTi nOi IC L CAR  WW■ 041111111111111111/1(11 - C.00111 11111111 [M. 1'11101'11 • 1966 AC Cobra 427 • 1937 Alfa Romeo 8C 2900B • 1983 Arrows A6 F-1 • 1998 BMW V12 LMP • 1965 Ferrari 250GT SWB • 1968 Ferrari 330 GTC • 2001 G- Force F-3000 • 2003 Dodge Viper Comp. Coupe • 1950 Jaguar XK 120 Roadster • 1993 Jaguar XJ220 • 1946 Maserati 4CL-1500 • 1992 Nissan 300ZX GTP • 1978 Porsche 935 K3 • 1985 Porsche 962 Factory "Rothmans" • 1987 Porsche 959 • 1989 Porsche 962 Street Comp. • 2000 Porsche 996 0T3-R PAN z 40111P 1985 Porsche 962C "Rothmans.' during the 1986 24 Heures du Mans. 7440 La Jolla Blvd. — La Jolla, CA 92037 — (858) 454-1800 — fax (858) 454-1890

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S Soor l'if il !HMI il 1 'S K 1,8 McLaren Fl brings $1,257,750, establishing current valuation for this now-aging supercar. Richard HudsonEvans' report on the Christie's London sale begins on p. 63. 150 COLLECTOR CARS RATED BY OUR EXPERTS 52 Bonhams, Gstaad, CH It's an all-Ferrari love fest, and we enjoy every minute on your behalf. 58 H & H Classic Auctions, Buxton, UK 63  Rally-prepped Healey BT7 a bargain at $41,538. RH-E nearly passes out as ex-works Audi Sport Quattro rally car brings $168,345. Christie's, London, UK Two cars add up to $1 .9m; 15 others make up the rest. SCM analyzes them all. 68 Bonhams, London, UK Christmas shoppers crowd the floor and take home $3.96m in cars. 74 Coys, London, UK Senior Analyst Dave Kinney goes on vacation, and surprise, ends up at an auction. PROFILES 28  34  36  38  French influence did the Italian Khamsin no favors. 44  Cover photograph: Shelby Cobra courtesy of the Ford Motor Company. 4 1962 250GT PF Cabriolet Series II - John Apen Stored for a decade: A cosmetic refurb or a major resto? 1954 Arnolt Bristol Deluxe Roadster - Raymond Milo Milo falls for his first love. Of course, he was in Paris. 1966 2600 Sprint project- Donald Osborne If cars could talk, this nightmare would be screaming. 1978 Maserati Khamsin - John Apen Maser's answer to the Daytona, about five years too late. 40  1988 Porsche 911 Turbo Cabriolet - Jim Shrager Why real Porschephiles don't drive ragtops. 1967 Chevrolet Corvette Sting Ray 171 - Mike Yager Big blocks bring big prices. Be sure you're buying the real thing. 46  1980 Ferrari 512 BB/LM - Thor Thorson Real fast. Until it comes to a turn. Sports Car Market

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Bonham7 Geneva Salon International de l'Automobile Collectors Sports and Grand Touring Cars 8 March 2004 Entries for this sale are now invited Bonhams' sale at Geneva's Salon International de l'Automobile is the only auction of its kind, held during Europe's most prestigious motor show where new models from the world's top manufacturers vie for the attention of the movers and shakers of the automotive world. Consistently achieving record prices and attracting car enthusiasts in their thousands, it is the perfect venue to present any important motor car for sale. Europe  7 Avenue P:ctet de Rochemont  1207 Geneva  Sw■tzerland  +41 (0) 22 300 3160  .  •  s• I  UK  10 Salem Road  Bayswater  London W2 4DL  +44(0)20 7313 2700  a I  it  USA  220 San Bruno Avenue  San Francisco  California 94103  +1 (415) 861 7500  Australia 7 Anderson Street Sydney Australia 2028 +61 (02) 9327 7311 •

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Lamborghini Miura "iota" clone sells for $106k in May '03, then brings 5352k in December. Are those champagne corks we hear popping in the seller's stateroom? — Senior analyst Dave Kinney's review of the Coys London auction begins on p. 74. COLUMNS 8 Shifting Gears Keith Martin 10 The Inside Line / Crossing The Block Cindy Banzer 16 Affordable Classic: 1967 Volvo 123GT Dave Kinney 18 Legal Files: The IRS and Your Collector Car, Part 2 John Draneas 20 FYI: A Do-It-Yourself Guide to Importing a Collector Car Dave Brownell 22 Collecting Thoughts: My Sad, Bad E-type Jag Ron Avery 30 Sheehan Speaks: Ferrari vs. Lamborghini, The Early Years Michael Sheehan 42 Porsche Gesprach: Classic Steering Wheels Jim Schrager 84 Motobilia: The Art of Miniatures Carl Bomstead 85 Bike Buys: Rokon 2x2 Paul Duchene 96 eWatch: A $280 Automotive Cookie Jar Carl Bomstead FEATURES & DEPARTMENTS 12 Auction Calendar 14 You Write, We Read 26 Detroit Auto Show 39 Mystery Photo 81 Fresh Meat - Porsche Cayenne Turbo, Dodge Viper, Audi RS6 82 Price Guide - Italian Cars Safer Ron Avery bought his E-type over the phone— and quickly wished he hadn't. 86 Glovebox Notes -Mazda RX-8, BMW 760 Li 86 Neat Stuff 87 Reviews 88 20 Year Picture - Daytona, 300SL, DB4 88 Mystery Photo Answers 89 Comments With Your Renewals CLASSIFIEDS 15 Display Advertisers Index 32 Ferrari 35 English 37 Alfa Romeo 39 Etceterini 43 German 45 American 47 Vintage Race Cars 90 Showcase Gallery 92 Resource Directory The Countach: Going in reverse is best left to the young and nimble. 6  Sports Car Market Senior Analyst Dave Brownell goes LandRovering in Llandovery, Wales.

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Bonham a BUTTERFIELDS INCORPORATING BROOKS AUCTIONEERS Brookline An Important Sale of Collectors' Motor Cars, Motorcycles and Automobilia May 1, 2004 Larz Anderson Auto Museum Brookline MA, USA Consignments Now Invited 1793 To consign your motor car, motorcycle or automobilia for this sale, please contact one of the following specialist: Mark Osborne (415) 391 4000, mark.osborne@bonhams.com Andrew Reilly (415) 503 3285, andrew.reilly@bonhams.com Malcolm Barber (415) 503 3203, malcolm.barber@bonhams.com Jonathan Stein (610) 779 9710, jonathan.stein@bonhams.com Tom Black (503) 239 0227, tom.black@bonhams.com Michael Fisher (305) 705 0531, michael.fisher@bonhams.com Toby Wilson 011 44 20 7313 3147, toby.wilson@bonhams.com (automobilia) Mike FitzSimons (203) 622 6093, bonhams@fiteng.com (motorcycles) Evan Ide (617) 522 6547, ide@mot.org , Curator, Larz Anderson Auto Museum Pictured. 1 1905 white Type D Canopy-Top touring car 2 1924 Hispano-Suiza H6C short-chassis roadster 3 1909 Stanley Steamer 20hp Model R Motor Cars from the Edwin C Jameson Collection sold at the Museum of Transportation in 2003 USA Bonhams & Butterfields 220 San Bruno Avenue San Francisco, California 94103 +1(415)391 4000 •  Ilia UK Bonhams Montpelier Street London SW) 1HH +44 (0) 20 7393 3900 a  a  •  •I Europe Bonhams 10 Rue Blavignac 1227 Carouge-Geneva Switzerland +41 (0) 22 300 3160 II I  a 0 2004, Bonhams & Butterfields. All rights reserved. Bond No. 40010536.

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Shifting Gears / Keith Martin "At The End Of The Day, The Best Car Wins" The North American International Auto Show is a litmus test of attitudes, of each car company's ability to achieve that hallmark of success, a production car that excites and delights and could one day be parked in a garage next to a '57 Chevy, a 19641/2 Mustang, or a Chrysler 300. W For General Motors and Ford, the concept cars they previewed and the production models they revealed marked a recognition that fun and driving should have some relationship to each other. Chrysler thinks so too, but is still struggling to establish a sense of corporate identity under the wing of its German parent. THE COMEBACK KIDS: PONTIAC, SATURN AND CHEVROLET GM is being awfully clever about how it is using concept cars to energize its brands. Not so long ago, when Cadillac was on the ropes, they authorized the Sixteen show car. Unveiled at the 2003 Detroit show, it was a clear "rule the world" statement about where the Cadillac brand was headed. Today, Cadillac's resurgence in the marketplace is widely regarded as a contemporary success story. e all love cars of such varying types, shapes and accoutrements that it's hard to generalize what makes a car appealing when new, or to predict whether it will become collectible as it ages. ing to lick its wounds from a decade of wandering in a forest of Explorer lawsuits and product misfires, its new Mustang is a safe and steady step in the right direction. It captures and amalgamates the styling cues from the second-generation Mustang in an immensely attractive fashion. IT'S COBRA TIME The newly-introduced Shelby Cobra concept can have enormous impact on the brand as well, containing all the right references to the past while clearly looking to the future. Armed with a 390-cid, 605-hp VI 0, it has the performance potential to make Vipers shed their skin. Cobra introduced by Bill Ford (L) and Carroll Shelby. According to Chris Theodore, vice-president of Ford North America Product Development and SCM'er for more than a decade, the Cobra would be relatively easy to put into production, as it shares the same platform as the Ford GT. He intimated that Ford could profitably sell the car in the $100,000 range, if 4,500 or so were built. The next GM brand to be resuscitated is Pontiac. The Solstice concept was unveiled a year ago, and a production model was shown this year. An affordable convertible sports car at under $20,000, it has the potential to develop a new generation of Pontiac fans. The real test will be how it drives. Pontiac Solstice: Under $20,000 and ready for your garage. The triumvirate of the Ford GT (looking back), the Mustang (about to go on sale) and the Shelby (a glimpse of what is to come) makes a powerful statement about Ford's new understanding of its hard-won heritage, and how it is choosing to mine its own treasures to build and sell product in the future. Chrysler's featured show car, the ME Four-Twelve, generated a lot of buzz. Chrysler claimed they would have a road-ready (and track ready) example of the 850-horsepower, V12-powered supercar ready by this summer. But it's unrelated to any current or projected mainstream product. time SCM'er Bob Lutz is an unabashed fan of the driving characteristics of BMWs. If he has managed to put the crisp, responsive feel of the 3-series into the Solstice, we're all winners. The attempt is a noble one, and if executed properly, could go a long way towards reviving the formerly moribund Pontiac nameplate. But if the Solstice turns out to be yet another badly suspended, sloppy-shifting car GM North American Chairman and long- If Chrysler truly believes the Pacifica can reinvent and dominate the station wagon segment, why not have a concept car that addresses that? How about, as a show car, a 21st century incarnation of the legendary Boss Wagon of the '60s, a lowered and spoiler-bedecked 600-horsepower wagon bristling with state-of the-art electronics? GM design chief Ed Welborn presents the Saturn Curve. with a thrashing motor that hates to rev, we enthusiasts will tag it as just one more pretty face that failed its driver's test. It was clear in Detroit that GM's next revitalization targets are Saturn and Chevrolet. The Saturn concept, built on the same Kappa platform as the Solstice, is a controversial, aggressive look into the future. This distinctive design could breathe life into Saturn, offering a sense of purpose to its long-suffering design and marketing teams. IF THEY BUILD IT WE WILL COME The Chevrolet Nomad might just be the American answer to the new Mini, sized right, retro in a contemporary fashion, and referencing the cues of the original product without slavishly adhering to them. Ford, while not having as focused a relationship between its concept cars and future product, is moving in the right direction. While continu- But the GM and Ford concepts are pointing to a sea change in how American manufacturers deal with product, and if performance follows intentions, enthusiasts and regular buyers alike will be the beneficiaries. Give Americans something stylish, reliable, and solidly built, with snappy performance and reasonable pricing, and to paraphrase the Govemator, "They'll be back."• Gary Cowger, president of GM North America, summed up the attitude of the American automakers at the show when he said, "At the end of the day, the best car wins." The Big Three have done a good job of driving customers away for the past decade, offering uninspired, unreliable, underperforming and poorly built product that could only be sold through massive financial incentives. Sport Car Market al1.10q50 ppl10(1

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MECUM COLLECTOR CAR AUCTIONEERS American,Collfctor Cars. Your World Leader in auctioning of MECUM KNOWS Corvettes Hot Rods Muscle Cars • 50's • 60's 70's • Antiques Classics Sports and Vintage Race Cars Call today to Buy or Sell your next Collector Car. 815 -568-88881 www.mecumauction.com [Call us or visit our website for continuously updated 2004 information] Mecum Collector Car Auctioneers • 950 Greenlee • Marengo, Illinois 60152 March 12-13, 2004 Friday & Saturday 30th Edition Hawkeye Classic Auction & Expo Iowa State Fairgrounds Des Moines, Iowa Collector Cars Welcome March 26-27, 2004 Friday & Saturday Mecum Auction at Spring Corvette Expo Chilhowee Park Knoxville, Tennessee Corvettes and Al Collector Cars 25 years and older April 2-3, 2004 Friday & Saturday Mecum Auction at Goodguys 4th Eagle One Rod & Custom Nationals Del Mar Fairgrounds Del Mar, California All Collector Cars Welcome April 30-May 1, 2004 Friday & Saturday Spring K.C. Dream Classic Auction & Expo Business Technology Center Kansas ety, Missouri All Collector Cars Welcome

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The Inside Line / Cindy Banzer News  Please send upcoming news, event or auction information to insideline@sportscarmarket.com . scm Happenings v SCM'ers: Please join Keith Martin and Cindy Banzer at an informal reception in Paris, at Retromobile (wwwsetromobile.fr) on Friday, 2/13/04, at 5:00 p.m. We'll gather on this opening night at Café a le Jambon at the back of the hall for wine and snacks, sponsored by Ed Fallon and Akira Takei of Cave Creek Classics. www.cavecreekclassics.com . (France) v Contact David Slama now to sign up for SCM Insider's Seminars, 3/12/04 at the RM Auction at Amelia Island, FL, and 3/19/04 3/20/04 at the Barrett-Jackson Florida Auction. See p. 67. 503.261.0555 x206; davidslama ®sportscarmarket.com . (OR) r Concorso Italiano will join with Kruse International to create the Kruse Select Auction at Monterey. According to Concorso founders Frank and Janet Mandarano, the auction will have an Italian flair, while not being strictly limited to cars of Italian origin. The auction will begin at 2:30 p.m., Friday, 8/13/ 04. Contact Frank Mandarano: 206.262.0365, fgm@concorso.com . (CA) v The Pebble Beach Concours d'Elegance announced the selection of Gooding and Company to conduct the Concours d'Elegance Automobile auction in 2004, to be held on August 15 in conjunction with the Concours. Gooding and Company will replace Christie's, which previously conducted the event. For further information about the Pebble Beach auction, contact Dave Boule: 310.224.4959; fax 310.224.4949; dboule@paccomgrp.com. (CA) 6/ - Here's your chance to join up with Steve Austin's Great Vacations and Keith Martin and Cindy Banzer for the Second SCM Car Collector's Tour to Goodwood, England, on 8/30/04-9/8/04. This trip will include the Revival Historic Races, visits to new car factories, attendance at the Bonhams Goodwood auction, along with stops at museums and narrated English countryside tours. See p. 93. 800.452.8434; steveaustin@canby.com . (OR) ./ Rambling Roadsters, founded by old car lawyer and SCM contributor Martin Emmison, offers guided tours of picturesque parts of England and Wales, using a small fleet of Christie's has made no formal statement concerning its future plans, they will continue to have an auction during the Monterey weekend at a different venue. With Kruse International conducting an event as a part of Concorso Italiano, there will now be six auction companies (RM, Christie's, Bonhams USA, Russo and Steele, Kruse, and Gooding and Company) holding events during the weekend. (CA). r Speed Channel viewer Leonard Gyselinck, of Michigan, has won the $50,000 Barrett Informed sources tell SCM that while - Racing will also be producing a number of racing cars for sale to individuals and collectors. www.astonmartin.com . (U.K.) v Great Cars, a new series produced by award-winner Michael Rose, is now being shown on PBS. Great Cars is a 26-part series with each episode featuring the history of a different marque. Check local public television listings for the exact time and station. wvvw.greatcarstv.com . (CA) v Intercity Lines, Inc., has been named the exclusive and certified transport company for the new Carrera GT from Porsche Cars North America. Intercity will be providing transport service for all these vehicles to all U.S. and Canadiandestinations www. intercitylines.com . Jackson Bucks Sweepstakes, con- ducted on SpeedTV.com and sponsored by Hagerty Insurance. He will use the "bucks" to buy his dream car at the Scottsdale, AZ, event. According to Gyselinck, it has to be "an American muscle car, and a convertible." www.speedMcom. (AZ) Aston Martin will return to the world's motor racing circuits during 2004 following the creation of a new division to be known as Aston Martin Racing. Aston Martin's new DB9 model will form the basis of the new car. In addition to the private teams, Aston Martin Events  The fleet of Rambling Roadsters. restored classic sports cars. Choose from a Morgan Plus Four, Triumph TR3A, MGA 1600 Mk II, or Alfa Romeo Giulia Spider. A van will carry your bags between the historic private homes where you overnight. Package includes car, insurance, fuel, visits, guides, country pub lunches, dinners surrounded by portraits of your hosts' ancestors, everything except your flight. Info: www.ramblingroads.co.uk . (UK) 10  torsports Showroom, in Deer Park, NY, will have its grand opening on 2/7/04-2/8/04, from 1:00-7:00 p.m. Owner Mike Cannillo says that his dealership will offer reasonably priced Ferraris, Maseratis, Porsches, and Lamborghinis. Contact Jordan Kessler: 917.408.9977, jordankessler@yahoo.com . (NY) v Hyman Ltd. will have the grand opening of their new 34,000-sq. ft. facility in St. Louis, MO, on 3/1/04. This building will house a comprehensive repair facility, a state-of-theart detail shop, as well as space for 200 cars. www.hymanitd.com. (MO) v American Collectors Insurance has a new program for sports car enthusiasts who participate in "Driver's Education" track events. The policy provides specific, agreedvalue coverage for vehicles used in these events and will help insulate a client's family auto policy from problems and/or potential rate increases resulting from on-track loss or damage. 800.360.2277; info@americancollectors.net. (NJ) v L'art et l'automobile gallery is planning its first online auction in March 2004. www.arteauto.com. (NY) (MA) v The 2,500-square-foot Canal° Mo- v There will be two events in celebration of the 50th Anniversary of the Alfa Romeo Giulietta. On 4/21/04-4/24/04 there will be a two-day drive over California Mille-style Northern California back roads from Sausalito to Mendocino and back, followed by a Saturday car show in Sausalito. Contact: Sidney Gage, 415.701.0275, sid@gages.org . (CA) v The Sixth Annual No Frills Iron Bottom Motoring Tour is open to 1975 and earlier sports and GT cars and will start from the Rose Bowl parking lot in Pasadena, CA, at 7:00 a.m. sharp on 4/8/04, finishing on 4/10/04. Contact: Ed Pasini, epas356@aol.com . (CA) v The 48th Annual Hillsborough Concours d'Elegance Classic Car Show and Family Festival will be held on 5/2/04. Featured marque this year will be Alfa Romeo. There will also be a special display of Italian racing cars. www.hillsboroughconcours.org /carshow. (CA) v Anew Concours d'Elegance is coming to the Sacramento, CA, area. Hosted by SCM'ers George Potiris and Brian D. Moore, it will be held on the lawn at the Serrano Country Club on 10/2/04. They are expecting over 150 cars, and will be celebrating the 100th Anniversary of Rolls-Royce, and the 50th Anniversary of the Ford Thunderbird. Contact: 916.531.4136 or 916.635.2445; e-mail: gpgeorge@jps.net or bdmrestorations@cs.com. (CA). Sports Car Market

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Never get in a car with strangers "Their honesty, integrity and sincerity are unmatched." A.K., Brooklyn, New York - "Their performance has been great. That's why I keep going back." A.B., Daytona Beach, Florida - "I have no hesitation recommending them." M.K., Tucson, Arizona - Thousands of car aficionados advise their family and friends to lease with us. We'd love to show you why. Putnam Leasing Go with people you trust toll free 866/90-LEASE (866/905-3273) www.PutnamLeasing.com Actual quotes from Putnam Leasing customers; initials used to protect their privacy. Exclusive leasing agent for: Ferrari Club of America 2004 International Meet  0/4_6k, LAMBORGHINI Club America CAVALLINO CLASSIC

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Crossing The Block P v RM's Collector Car Auction event on 2/6/04-2/8/04 will be held in the newly renovated Royal Palm Polo Grounds in Boca Raton, FL. 400 classic, sports and muscle cars are expected. Among these collector cars will include a 1965 Maserati Mistral Spyder and a 1990 Ferrari F40 with only 11,000 miles. 800.211.4371, www.rmauctions.com . (FL) v Christie's Auction at Retromobile in Paris, France will be held on 2/14/04. Featured cars include the ex-Pierre Vogt and last production 1935 Bugatti Type 55 Super Sport, along with the ex-Elford/Larousse, 1971 Sebring 12-hr. Winner, 1969 Porsche 917K. Philip Kantor, +32.476.879.471, pkantor@christies.com , www.christies.com . (France) v H & H Classic Auctions will hold an event at StoneLeigh Park in Warwickshire on entries are a 1967 Ferrari 330 GTC and a 1963 Watson/McCluskey Indy Roadster. (FL) ✓ Barrett-Jackson conducts the Second Annual Palm Beach Collector Car Auction, 3/ 18/04-3/21/04, at the South Florida Expo Center. Last year the inaugural BarrettJackson Auction in Florida drew crowds exceeding 30,000 and resulted in a sale of 60 percent with 159 cars totaling nearly $6 million. 480.421.6694, vvww.barrett-jackson.com . (FL) WA on 2/7/04-2/8/04. The Portland Expo Center OR event will be held on 3/27/04. The Osterloh Estate sale in Salt Lake City, UT, will be held 4/3/04. Silver's 2nd Annual Ascuaga's Nugget expects 250 cars on 5/1/04-5/2/04 in Reno, NV. ✓ Branson Collector Car Auction will be held 4/23-25/04 at their new facility in Chateau on the Lake in Branson, MO, 800.335.3063, www.bransonauction.com. (MO) ✓ Silver Auctions has four upcoming events, including the Corvette & High Performance Meet with 200 cars expected at the Western Washington Fairgrounds in Puyallup, This 1934 Rolls Royce Open Front Town Car from the Osterloh Estate will be sold in Salt Lake City, UT fields are currently inviting consignments for the 5/1/04 Brookline, MA, auction. Mark Osborne, 415.391.4000, mark.osbome @bonhams.com. (MA) v The 10th Annual Palm Springs Car Clas- www.silverauctions.com . (WA, OR, UT, NV) v Bonhams & Butter- sic Auction with Spectrum Auctions will be at The Desert Fashion Plaza on 4/2/04-4/3/04. Over 400 classic cars, ranging from Model T's to '50s/'60s muscle cars to late-model Rolls-Royces and Ferraris will be offered, more than 50 at "No Reserve." 818.999.0832, www.palmspringscar-classic .com . (CA). 800.255.4485, Calendar  1933 MG ,13 Midget SS offered by H&H 2/21/04. Offerings include a 1965 Austin-Healey 3000 MKII sponsored by Michelin in 1967, as well as a 1933 MG J3 Midget Super Sport that competed with great success in the 1930s. 44.1925730630, www. classic-auctions . com (UK) V Keith McCormick presents the 36th Annual Palm Springs Collector Car Auction, 2/28/04-2/29/04, Palm Springs, CA. Find favorites from the '50s/'60s in dazzling colors, hottest hot rods, sports and muscle cars, rare classics and collectibles in the new, $7m user-friendly site. 760.320.3290, www.classiccarauction.com . (CA) v Kruse will offer two auctions in Febru- 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: insideline@ sportscannarket.com . FEBRUARY Florida — February 6-8 RM AUCTIONS — Boca Raton Washington — February 7-8 SILVER — Puyallup ary; the 20th Annual Collector Car Auction in Oklahoma City, OK, 2/26/04-2/29/04 and the 32nd Annual Great Atlantic City, Vintage Car Auction in Atlantic City, NJ on 2/26/04-2/29/04. 800.968.4444, www .1cruseinternational.com. (OK, NJ) v Mecum Auctions has three auctions coming up this spring, 3/12/04-3/13/04, in Des Moines, IA, 3/26/04-3/27/04, in Knoxville, TN, and 4/2/04-4/3/04, in Del Mar, CA. For more details, 815.568.8888, www.mecumauction.com. (IA, TN, CA) v RM's Vintage Motor Cars Amelia Island sale will be at The Ritz-Carlton Hotel in Amelia Island, FL, on 3/13/04. Among the 12 Sports Car Market France — February 14 CHRISTIE'S — Paris Oklahoma — February 20-22 KRUSE — Oklahoma City England — February 21 H&H - Stoneleigh Oklahoma — February 26-29 KRUSE — Oklahoma City New Jersey — February 26-29 KRUSE — Atlantic City California — February 28-29 McCORMICK'S — Palm Springs MARCH Iowa—March 12-13 MECUM — Des Moines Florida — March 13 RM AUCTIONS — Amelia Island Florida — March 18-21 BARRETT-JACKSON — West Palm Beach Oregon — March 27 SILVER — Portland Tennessee — March 26-27 MECUM — Knoxville Florida — March 27-28 KRUSE — Fort Myers England — March 29 CHRISTIE'S — London APRIL California — April 2-3 MECUM — Del Mar California — April 2-4 SPECTRUM — Palm Springs Ontario — April 2-4 RM — Toronto Arkansas — April 3-4 KRUSE — Hot Springs England — April 6-7 H&H — Buxton, Derbyshire Michigan — April 23-25 RM — Novi Missouri — April 23-25 BRANSON — Branson MAY Texas — April 30—May 1 RM - Houston New York — May 1 CHRISTIE'S — New York City Nevada — May 1-2 SILVER — Reno Indiana — May 6-9 KRUSE — Auburn Nevada — May 21-23 KRUSE — Las Vegas

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PALM BEACH COLLECTOR CAR AUCTION MUCH 118-21. 2004 SOUTH FLORIOR EXPO CENTER, PRLM BERCH, FL Barrett-Jackson's extremely successful inaugural auction was the start of an East Coast tradition in the making — The Barrett-Jackson Palm Beach Auction. In 2003, a sale rate of 60% pushed the total cars sold to S6 million with 30,000 attendees enjoying "the Barrett-Jackson Auction experience". Join us in beautiful Palm Beach, Florida for the 2004 Second Annual Barrett-Jackson Palm Beach Auction, and enjoy the golf, restaurants, shopping and exquisite lifestyle that is Palm Beach County. • 1958 PLYMOUTH FURY Thi, is from the Movie by John Carpenter. book by Stephen King Opening Night Gala Lifestyle Expo Restoration Pavilion Fashion Show Live SPEED TV Coverage _ •1 •  V • Ffl Early consignments include: MISTER TA [1111 • 480 4P1.E694 Following the Amelia Island Concours d'Elegance Make Your Plans To Attend Now CONSIDIMENIS NOW EiE1116 fiCCEPTED 1956 FORD THUNDERBIRD CONV.  Fully restored  1935 CUSTOM FORD SEDAN Multiple award winner.   1967 PLYMOUTH GTX One of the finest Hemi's in exsistame. tel: 480.421.6694 fax: 480.421.6697 3020 North Scottsdale Road - Scottsdale, Arizona 85251 1111.11111 )

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You Write, We Read All letters are subject to editing. Please address correspondence to SCM, PO Box 16130, Portland, OR 97292. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com RELIABLE 456 Dear SCM: As an avid and long-time reader, I just received the February issue, which I've already almost finished reading (SCM'ers all seem to do that as soon as they get a new issue). It's about 2:00 a.m., but I have to e-mail you. I have two things to say regarding your his 'n' hers Ferrari saga. First, Cindy is every car guy's dream wife—who else would offer to knock down a wall of a garage to make more room for cars! Second, for heaven's sake, if you want a 12-cylinder, four-seater Ferrari, get a 456 GT or GTA. You will be rewarded with what I consider the best daily driver in the world, bar none. I'm sure the GTC/4 is a fine car, fun to drive, and would keep your adrenaline pumping continuously, with lots of (s)miles, but for a little more you can get a nice low-mileage, much newer and therefore more reliable 456. You know better than anybody that an old 12-cylinder Ferrari will always have needs. No matter how good a car you would get, it is old and the chances are there will always be something needing repair, especially if you put on the miles (which you always seem to do). At best, the major services will be far less expensive with a newer 456. I call my 456 the "Italian Jaguar," easy to drive in heavy traffic, but responding like a true supercar when spirited driving is called for. In case you were wondering, I have a 456 GTA. While it is not my daily driver, as I am fortunate enough to have several other cars in my collection, it would be if I were only able to keep one car. My other cars include a 550 Maranello (fantastic on the twisties, but tiring to drive in daily traffic), a 993 Porsche Cab (set up for the track—PCA drivers ed., a 993 Twin Turbo (the best all around sports car ever made), a 1972 Impala 402 convertible (no idea why) and a Cayenne Turbo, which is my daily driver. As you can see, I am a horsepower junkie. My gearbox of choice for the 456 is the automatic. The car is more than powerful enough so that you don't need the six-speed. 14  Just press the accelerator any time and the kickdown is fast and the acceleration neck-snapping. The interior is luxuriously appointed with leather, and it has an air conditioner that actually works well. The 456 stands up against any current luxo barge on the market and its good looks don't hurt either. I call it the "Italian Jaguar," easy to drive in heavy traffic, but responding like a true supercar when spirited driving is called for. The back seats are more suited for kids than adults, but your daughter should fit fine. There is plenty of leg room, but the headroom is a bit low for taller adults. However, I've taken adult passengers in the back seats for trips around town without complaint. Friends that preferred the 550 before riding in the 456 always get out amazed to have changed their preference. Even my mechanic, who says that my 550 is the nicest Ferrari he has ever driven (including F40s and F50s), prefers the 456 GTA. Finally, my 456 has been incredibly fun and economical to own, service and drive. The infamous belts weren't that expensive to replace in the 15,000-mile service and other than replacing a battery, I have had no other expenses in two years other than gas and a Freon recharge. Keith, that's my two cents. Of course, either way you'll enjoy a prancing horse and we'll find out in SCM which way you decided to go.—Howard Jacobs, Cleveland, OH Keith Martin responds: Howard, thanks for your thoughtful post. Your points are well taken. However, practicality plays a our lives. Finding a good 456 GTA would probably not be very difficult. Finding a good C/4, now thirty years old, is already proving a task. But then, that's what gives us stuff to write about, isn't it? I would like a 456 as a daily driver But first I'm going to have a C/4 as an adventure. I'm sure you understand—KM BACK OFF ON 944S Dear SCM: It's interesting to note that Mr. Zimmermann can describe all that is deficient with the 944 in one column but it requires a whole book, The Used 911 Story, to explain what deficiencies to look out for when purchasing a 911. (You Write, February 2004, page 14.)I am on my second 944, which I do maintenance on in my backyard. I purchased my current car in 2002 for $5,500 with 85,000 miles. Because the car is 18 years old, I completely rebuilt the front suspension ($800 in parts), completely rebuilt the brake system ($300 in parts), replaced the dreaded oil cooler seals ($50 in parts), had a local Porsche shop reseal the front of the engine ($665 parts and labor) plus some minor paint and cosmetic work that was required. Just like my first 944, I will have about $8,000-$9,000 invested in the car. I just purchased a complete clutch parts package for $450 on sale (vs. $900 at the trendy 90210 zip code, "I only sell Porsche parts" dealer) . It's a fact that the 944 (nonturbo) is a $5,000-$6,000 car in today's market. It's not practical relatively small part in our decision making. Partly due to the new cars that I review, we get a new car every week to test. As recent cars we've evaluated include the Maybach 57, Rolls Phantom, Porsche Cayenne S and Turbo, Touareg V6 and V8, and BMW X3, X5 and 7-series V12, there's no shortage of fine modern machinery in SPORTS CAR MARKET EDITOR & PUBLISHER Keith Martin EXECUTIVE EDITOR Cindy Banzer MANAGING EDITOR Jeff Sabatini PRODUCTION MANAGER David Slama GRAPHIC ARTIST Kirsten Onoday SUBSCRIPTIONS Kristen Hall-Geisler COPY EDITOR Bill Neill SENIOR AUCTION ANALYSTS Dave Brownell Dave Kinney Richard Hudson-Evans AUCTION ANALYSTS John Apen Chip Baldoni B. Mitchell Carlson Scott Featherman CONTRIBUTING EDITORS Steve Ahlgrim Carl Bomstead John Draneas Bengt Halvorson Jim Schrager Michael Sheehan Thor Thorson CONTRIBUTORS Keith Duly Raymond Milo Donald Osborne Steve Serio Tom Young Mart Anne Peterson I.T. MANAGER Adrian Gilles INTERNET SPECIALIST Matt King FINANCIAL MANAGER Deanne Pierce ACCOUNT MANAGER Kristen Mira EDITORIAL ASSISTANT Lorena Gonzalez ADVERTISING SALES AND INFORMATION Donald Osborne Toll-Free 877.219.2605, ext. 258 Outside US 860.284.0570 fax 860.284.1076 dosbome@sportscarmarket.com SW REGION Cindy Meitle Toll-Free 877.219.2605, ext. 262 fax 480.452.1664 cmeitle@sportscarmarket.com SEBSCRIPTIONS NEW: 800.289.2819 fax 503.253.2234 wwwsportscarmarket.com INQUIRIES ABOUT YOUR SUBSCRIPTION? Toll-Free 877.219.2605, ext. 208 service@sportscannarket.com CORRESPONDENCE P.O. Box 16130, Portland, OR 97292 FrnEx/DHL/UPS: 306 SE 81st, Portland, OR 97215 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we must disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue copyright 2004 by the Alfa Romeo Exchange, dba Sports Car Market magazine, in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. PRINTED IN USA Sports Car Market

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or economical to buy a 944 if the only maintenance you can do, or like to do, is change an air filter and install floor mats. Your 944 will quickly become a money pit if all you plan to do is drop it off at a shop. As with most cars, the 944 has some specialized maintenance issues that need to be addressed, however I have not found any of Mr. Zimmermann's issues overwhelming. Most can be accomplished with a little education and planning. Parts can be found at reasonable prices through many advertisers in Excellence magazine. It is also a good source for technical articles, with a great staff of writers that are actually helpful to the common reader. Is the 944 a great car? Let's see: perfect weight distribution, stable at 100-120 mph speeds right from the factory (no whaletail mods required), good brakes, great handling, great driver seating position for six-foot-plus drivers, gets 25-29 mpg, and has a galvanized and rust-resistant body. Granted, you will have to live with the all-aluminum, 150-hp "boat anchor" engine, no tire-squealing power here. I like 911s. The 911 is a great car; it's had 38 years to become great. Oh yes, and of course, the 911 has never had any mechanical deficiencies, never leaks oil, requires no specialized tools or training to be repaired, has inexpensive replacement parts and is completely reliable, dependable and lovable. And pigs can fly as well. As soon as I get through Mr. Zimmermann's book I'm going to get me one of those rear-engined marvels.—Carl Van Wezel, Ventura, CA STAY OPINIONATED Dear SCM: With reference to Mr. Giambatista's letter in the February issue, where he advises Editor Martin to keep his opinions to himself: The informed and opinionated commentary in SCM March 2004  The 911 has never had any mechanical deficiencies, never leaks oil, requires no specialized tools or training to be repaired, has inexpensive replacement parts and is completely reliable,dependable and lovable. And pigs can fly as well. is why I became a subscriber in the first place. It is not humanly possible to agree with someone on every facet of the motor car industry, its history, or the current and future value of cars. During the years that I have been a reader, I have owned a 400i and a Boxer. The 400i was a wonderful car that I the worst of the new cars." In other words, the third factor is that the shortcomings of the car when new and used as regular transportation now have little bearing on its status with the collector car community. For instance, the Gullwing, even with its handling and ventilation challenges, still commands a premium over the 300SL roadster that followed it, although the roadster is a better driving car in every way. Similarly, the short-nose deficiencies which Mike correctly Subscriber Carduner is still trying to forget about his Boxer would love to have back, but I am still trying to forget the 512 BBi. SCM isn't particularly fond of either as good investments, and with good reason.—Andrew Carduner, New York, NY TWO-CAM THOUGHTS Dear SCM: Mike Sheehan, in his excellent January 2004 article about two-cam 275 GTBs, (p. 32) proposed two factors for their increasing values, the strength of the Euro which makes American 275s cheap, and the growing interest in using 275s on vintage events. A third factor is something that Editor Martin has alluded to many times: "The best of the old collectible cars is worse than pointed out are not as relevant as they once were. As the owner of an early short-nose 275, I am biased, but once the engine and transaxle mounts are replaced and the drive shaft were optically aligned, it has never given me any trouble. Of course, I have only driven it 1,000 miles in 10 years! And that's a point worth making, too. The original deficiencies in design and build quality, rather than aesthetic appeal, become less important over time. As Mike has pointed out in the past, and as I know from vintage racing in the '80s, no one seriously tried to run early 275s on the track, so the problems posed by their feeble brakes in a competition setting are relatively meaningless to most drivers. On the highway, they work fine from 80 mph (at least the first time).—John Apen, Stone Mountain, GA ERRATA The "unintentional malignment" of John Paul, Jr. that John Patterson writes about in You Write (February '03, p. 14) was mistakenly attributed to Dave Brownell. It was actually Dave Kinney who penned that commentary, on p. 65 of the December, '02, issue. The source of the data for the Twenty Year Picture in the February issue, (p. 106) was omitted. Black Book (www.blackbookusa.com) and CPI provided it. • Ad Index Alfa Parts  Amelia Island Concours  Barrett-Jackson  BB One Exports  Bonhams Europe  Bonhams  Brian D. Moore  Canepa Designs  Chevrolet  Christie's  Classic Showcase  Collector Cars International  Cosdel International  Cosmopolitan Motors  Doc's Jaguars  Exotic Car Transport  Fantasy Junction  Featherman & Co.  Gooding & Company  Goodwood Tour  Gregor Fisken  Grundy Insurance  Hagerty  Horseless Carriage  Hyman Ltd. Classic Cars  Intercity Lines  JC Taylor Insurance  J.J. Best Banc & Co.  Kruse International  Mecum Auctions  Modena Cento Ore Classic  Morgan West  P & J Products  Palm Springs Auctions, Inc  Parish Heacock  Passport Transport  Premier Financial  Putnam Leasing  Re-Originals  RM Auctions  Ron Tonkin Gran Turismo  RPM Auto Books  Silver Auctions  Spectrum Auction Company  Steve Austin's Automobilia  Steve Austin's Great Vacations  Symbolic Motor Cars  Tarleton Bull  Timrnco Insurance, Inc  Tony La Bella  Vintage Rallies  Vintage Motors of Sarasota  World Travel  Zymol  37 78 12 73 5 7 32 47 50 48 65 19 37 97 35 65 43 39 2 93 55 63 100 45 85 21 79 98 99 9 75 35 45 57 71 23 29 11 69 17 31 87 89 33 77 32 3 71 94 32 25 37 94 59 15

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Affordable Classic 1967 Volvo 123GT Owning a true GT car from the '60s is something everyone should experience, if not for the image or the feel then just for the fun W hen you think of collectible sports and GT cars from the 1960s, a num- ber of British, German, Italian and even French marques may come to mind. But a Swedish Volvo? Sure, we remember the P1800 sports car, yet Volvo made a rally car suitable for the street as well, the largely forgotten 123GT. The Volvo 120 series (120, 121, 122) that birthed the 123GT was a staple of rallies and touring car races from the late 1950s through the 1960s. In 1963 alone, race-prepped 122s racked up class wins at the 6- and 12-hour races at Nfirburgring, a class victory in the 6 hours at Brands Hatch, and a first place in the European Rally Championship, among many others. The following season saw an overall victory to find and reasonably priced. Volvo still carries a surprising number of trim items, as well as most maintenance parts. Everything else I have needed has been available from specialist sources like Swedishtreasures.com . Unfortunately, after its extended cross-country journey, my car was left for a checkup in a shop that caught fire. While mine was not among those toasted, the fire department did use the 12301 as a platform to put out the fire, resulting in dents and scratches in the hood, roof and trunk, where the firefighters stood, hoses in hand. Owning a 123GT is nothing short of a blast. I drove mine cross-country to get it home to Virginia, a process that turned into a two-year affair. earned in the Shell 4000 Rally in Canada, and 1965 brought a first place in the Shell 4000, the RAC European Touring Car Championship, the World Championship for Manufacturers, the Acropolis Rally and the Syd Rally in Sweden. Not a bad showing for a car known mostly for safety, economy and practicality. SU carbs, front disc brakes, Pirelli Cinturato tires, chrome trim rings, special badging, and a chrome tailpipe extension. Introduced as a 1967 model, the 123GT was an evolution of the 122, with a host of factorysupplied go-fast parts. Despite Volvo's promise to the FIA of production of at least 5,000 units—the car carries Recognition Number 5152—the best guess is that only about 1,500 123GTs were made over the two years of production, and given a low survival rate, the car is fairly rare today. Inside, the 12301 was fitted with a special three-spoke steering wheel and a soup-can style, stand-alone tachometer, mounted above the dash pad. The dash itself was specially modified for the 123GT with a small shelf. The front bucket seats are fully reclining units built by Recaro. After detailing removed the smoke damage, both the insurance adjuster and I were quite surprised when the damage total was quoted at a very reasonable figure of just over $2,000, including replacing lots of stainless steel trim and a rear window. (Imagine the equivalent bill for a '60s Ferrari.) I removed many of the dents myself by popping them out from the inside, as the heavy grade of sheet metal is forgiving. A press release from Volvo announced many of the new model's features: "This car has been adapted for hard and sporting driving since it is fitted with more robust shock absorbers and braced tread tyres. Furthermore, there is a brake booster and windscreen wiper blades of the high speed type." A bit more important than those wiper blades was its motor, a Volvo B18B unit lifted directly from the P1800, producing 115 hp at 6,000 rpm. All 123s were equipped with a four-speed transmission with an electronically controlled Laycock de Normanville M-41 type D overdrive unit. The 123GT was fitted from the factory with fog and driving lights-7-inch, pie-plate-sized HeIla quartz iodine units complete with protective covers. The cooling system was sealed, a first for Volvo. Other features include twin 16  I purchased my 123GT in Vancouver, B.C., Canada, in October 2000. Canadian-built, it had spent its entire life north of the border. A factory in Halifax, Nova Scotia, assembled 122s (known there as Volvo "Canadians"), and the 123GTs built there appear to have been shipped from Sweden CKD or "completely knocked down." Owning a 123GT is nothing short of a blast. I drove mine cross-country to get it home to Virginia, a process that turned into a two-year affair—after each leg of the trip, from one friend's house to another's, I would park it or rent a storage space and fly home. Admittedly, the gutsy little car will never win a drag race, as an entry-level Kia will out-accelerate it. But its nimble nature made me turn off the Interstates to look for winding two-lane roads, the first time I have ever felt compelled to take the "Blue Highways" of my parents' generation. My car is close to bone-stock, with the major modification being a one-inch lowering suspension kit supplied by Volvo tuner IPD. As the 123GT shares its body and most mechanical parts with the 122, replacement parts are easy Years produced: 1967-68 Number produced: approx. 1,500 Original list price: approx. $3,250 SCM Valuation: $12,000-$14,000 Chassis #: plate on the right side of Brent! Engine #: left side of block, behind fuel pump Tune-up: $125 Distributor cap $14.50 Club: Volvo Club of America, PO Box 16, Afton, NY 13730 Web site: www.vcoa.org Alternatives: 1965-67 MGB GT, 1963-70 Ise Rivolta Sal Investment Grade: C- As usual, rust is the key thing potential buyers should watch for. I have seen corroded 123GTs suitable only as parts cars offered for less than $1,000. Well-restored examples generally trade in the $12,000 to $14,000 range. Interestingly enough, one trait the 123GT shares with Shelby Mustangs, Hemi Mopars and Bugattis of all eras is its propensity to be cloned. Since the car shares so many parts with other Volvos, making a clone is relatively easy. However, 123GTs can be identified by their type number: 133351 or 133352. Clones aren't bad cars; just don't pay true GT money for one. DATA Owning a true GT car from the '60s is something everyone should experience, if not for the image or the feel then just for the fun. Owning a limited-production model for less than the price of a tune-up on a new exotic, well, that's the whole point of an "affordable classic," isn't it?—Dave Kinney* Sports Car Marker

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RM AUCTIONS INC. ACCEPTING CONSIGNMENTS 800-211-4371 1955 MERCEDES-BENZ 300SL ALLOY GULLWING Body #100. The first of twenty-nine alloy body's with continuous history from new. 1967 FERRARI 330 GTC  1963 WATSON/NICCLUSKEY INDY  ROADSTER 1966 GRIFFITH COUPE VINTAGE MOTOR CARS AT AMELIA ISLAND MARCH 13, 2004 PREWAR AMERICAN & EUROPEAN CLASSICS: ROB MYERS  MIKE FAIRBAIRN  TERRY LARSON  800 211 4371  800-211-4371  RACING & SPORTS CAR SPECIALISTS. JACK BOXSTROM  FIFTIES & SIXTIES SPECIALIST: DAN SPENDICK  CORRESPONDENCE: 613-476-9132  480-984-8501  519-352-4575  rmyers@rmauctions.com mfairbairn@rmauctions.com jboxstrom@rmauctions.corn tlarson@rmauctions.com dspendick@rmauctions.com ONE CLASSIC CAR DRIVE, BLENHEIM, ONTARIO, CANADA NOP 1A0 TEL: 519-352-4575 FAX: 519-351-1337 www.rmauctions.com ira1 411117 23:54";,/ MIDWEST SPECIALISTS: IAN KELLEHER  ROD EGAN  KEN WALLACE  SOUTHEAST SPECIALIST: DONNIE GOULD  800 211 4371  519-352-4575  734-547-2400  954-566-2209  CATALOGS AND BIDDER REGISTRATION: STEPHANIE JACKLIN  519-352-4575  -Prenitier FINANCIAL SEINVICI, j ikelleher@rmauctions.com regan@rmauctions.com kwallace@rmauctions.com dgould@rmauctions.com sjacklin@rmauctions.com .I..I.BESTBANC &co.  Putnam Leasing eki,ice (Jri es;;074109k.i

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Legal Files / John Draneas The IRS and Your Collector Car, Part 2 rom an income tax planning standpoint, the Holy Grail for any car enthusiast is to find a way to legitimately integrate your collector car activities into a business. Why? There are three reasons: Your investment in the car can be depreciated; all of your expenses incurred in the activity become deductible; and when you sell the car, any resulting loss is an ordinary deduction, while any profit is a capital gain. Nothing could be better. F First off, let's just forget the idea of becoming a collector car dealer. Few of us can elevate our hobby to this level without having it consume us and risking a divorce or the loss of our day job. So how do you go about doing this while satisfying the requirements of the IRS? There are, however, two common scenarios where collector cars can be integrated into a business activity. One is to use your collector car as an advertising or promotional feature in a business you are already engaged in. The other is to make auto racing into a business activity. Use your collector car as an advertising or promotional feature in a business and you can deduct all your expenses incurred in owning, using and maintaining it. Making a business promotion out of your collector car is easy for collectors in the right line of work. For example, if you run an auto repair or restoration shop, a nicely restored Alfa Giulia campaigned on the concours circuit will do just fine. If you own a market or grocery store, a restored and appropriately signed Model A pickup would be a good prop. Or if you are in the sausage or barbeque business, showing up in an Oscar Meyer Wienermobile would make perfect sense. If you are a lawyer, I'm not so sure what kind of collector car would be appropriate—no jokes about vintage ambulances, please. Anyway, let your imagination work a little and perhaps you can find a collector car that would fit your business situation. If you can do it, it's well worth your while. Not only can you depreciate the car, but you can also deduct all of your expenses incurred in owning, using and maintaining the car—this includes gas, insurance, maintenance and repairs. There are two primary tax considerations that arise when you integrate your collector car into your business. The big one is that the collector car activity has to pass muster as an "ordinary and necessary" business expense in order to be deductible. Although the dictionary definitions of those words might make you think this is impossible, the requirement isn't that hard to satisfy. You just need to show a logical connection between the collector car activity and your business, and some possibility that it would contribute to making money. For example, if your shop is identified with the Alfa, it works better than if you enter it in 18  a concours under the shop's name rather than your own. Likewise, it makes more sense to park the Model A in front of your store rather than in your garage. And the Wienermobile is a more logical delivery or food service vehicle than it is a vintage racing entry. The seed( thet races, etc.—are deductible. This makes it a whole lot cheaper to race, but be prepared to justify your racing activity if the IRS questions it. One approach I have used successfully is to create a separate corporation for the racing activity. It can then be treated as a "Subchapter S" corporation for income tax purposes, so that all of its tax attributes flow through to you as its shareholder. Then your other business becomes a sponsor of the racing corporation, and pays a sponsorship fee in return for the advertising. Many court cases have addressed this issue, but the results have been inconsistent, so caution is the watchword. If your business manufactures high-performance accessories for cars, proving your parts' mettle on the racetrack makes perfect sense, as long as you have the appropriate signage so people know whose parts are going fast. But what if you're a dentist? Are you likely to find many new patients at the racetrack? Probably more than if you're a neurosurgeon, but it may be hard to justify the racing activity, especially if you're campaigning your Boss 302 at the Monterey Histories while your office is back in Omaha. The other issue in using a collector car in your business is limiting your personal use of the car. All of your car-related expenses, and the depreciation, have to be pro-rated between your business and personal use—only the business portion is deductible. That means if you drive your Giulia 10 miles in a parade and 2,000 miles on vacation, you aren't going to get to deduct much for that year. But more significantly, if you use your collector car for personal purposes more than half the time, you run into trouble with your depreciation deductions. This will take you out of the "MACRS" (Modified Accelerated Cost Recovery System) depreciation system and put you into the "Useful Life" system. Without getting into the dirty details of these different ways of calculating depreciation (ask your accountant) understand that under Useful Life, you cannot depreciate the car below its salvage value. For a collector car, the IRS may well insist this value is a rather high number. But using the preferable MACRS system, you can depreciate the value of your car all the way down to zero. Racing your collector car can give you many of the same tax benefits as using it for advertising or promotion, but must pass the same fundamental test: Is the racing activity an ordinary and necessary business expense? If it is, then all of your racing expenses—the car, parts, maintenance and repairs, travel to Although this approach works best if you can find additional sponsors, it does provide two strategic advantages. The first is that the sponsorship fee is deducted by your other business as an advertising expense, and no automobile expenses are reflected on its taxes. The advertising expense must still qualify as ordinary and necessary, but less attention is called to it than if a race car is being depreciated. The second advantage is that the racing corporation is engaged in its own business activity—running a racing program to make a profit. At least that's the idea, if it can charge sufficient sponsorship fees to stand the chance of coming out in the black. If the racing corporation actually has a net income, or only a modest loss, there will likely be no questions asked. But if the racing business has substantial losses each year, there may be questions as to whether or not it can ever expect to generate a profit. If it can't, then the tax rules prevent you from claiming any losses on your tax returns, although you could claim deductions up to the amount of gross income actually received. Obviously, these tax scenarios can easily get complicated, so it's best to sit down with your accountant or a tax attorney before bidding on that Wienermobile or heading out to the track with your company's name on the side of your Cobra. John Draneas is an attorney and car collector in Oregon. His comments here are general in nature and are not a substitute for consultation with an attorney.• Sports Car Market

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rb A nfo 2 Years of Service to the Collector April 23, 24 & 25 2004  2 Branson, Missouri  At Chateau on the Lake  COLICCTOP CAP AJCT 0' Call Today for Consignment and Bidding lnformaton 800-335-3063 www.bransonauction.com

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FYI Ro-Rolling My Own: A Do-It-Yourself Guide to Importing A Collector Car I suddenly, and with little forethought, had become the owner of a 1975 Land Rover Series III, right-hand-drive, short-wheelbase safari wagon. Now I had to get it across the Atlantic A their  lthough based on the benchmark American World War II Jeep, there's something ineffably British about older Land Rovers. Whether it's go-absolutely-anywhere-at-any-time reputation, astonishing variety of military and civilian guises, funky bulldog appearance, or the tent-like tops on open models, old Landies have an appeal to a number of collectors of English machinery, including me. But of course, I wasn't actively seeking an old Land Rover when I bought one. I was taking what was planned as a "non-car" holiday in Wales, booked into a B&B in the Brecon Beacons National Park area in September, prior to an annual trek to Britain's wonderful Beaulieu Autojumble. But it just so happened the B&B owners were car and automobilia collectors. The house was a stunningly restored Victorian-era mansion just outside of the prototypical Welsh village of Llandovery. Its barn housed a fabulous collection of vintage auto-related porcelain signs and a lovely 1935 Bentley Park Ward saloon, as well as the B&B's terrific-looking, restored 1927 Austin delivery van. Over in the corner was a quite decent-appearing Land Rover. The owners explained that it was seldom used and I asked the fatal question. Yes, they replied, they would probably sell it. The next day, after a satisfactory test drive the deal was done. For just £1 ,500 (about $2,400 at the time), I suddenly, and with little forethought, had become the owner of a 1975 Land Rover Series III, right-hand-drive, shortwheelbase safari wagon. The buying part was easy. But I had my concerns about getting it across the Atlantic. To get the Land Rover to my home in Vermont would naturally require shipping from the U.K. Fortunately, the owner had plenty of contacts in the old-car shipping world and got the ball rolling with some quotes for roll-on/ roll-off transport. "Ro-ro" is the economical way to cross the ocean if you're not shipping a Pebble Beach winner and don't mind other people driving your car short distances. Otherwise you'd have to ship by container, and that can triple your costs. Most of the quotes fell into a range between $1,100 - $1,600 for ro-ro with embarkation from either Southampton or Liverpool. I finally settled on a quote of $1,140 from TransOcean Auto in Flemington, N.J. The Landie would take a two-week trip from Liverpool 20  Not going to Pebble, just Vermont. to Newark, N.J., on Wallenius-Wilhelmsen Lines, according to Helen Lentine, the helpful TransOcean boss who walked me through this whole process and saved me considerable money in the process (such as recommending that I not hire a customs broker and just do the work myself). The key to successful self-importing is doing a lot of homework and following these basic steps: 1. Make sure the vehicle is importable. It has to be 25 years old or older, otherwise, forget it... unless you're looking for an exemption for a racing car that will never be run on U.S. roads. 2. Verify the title. The car has to have a legal title establishing its age and eligibility. For cars bought in the U.K., this is the "V5" Export License issued by the British licensing authority in Swansea, Wales. Your seller should be able to supply this for you, along with any and all M.O.T. inspection certificates attesting to the car's meeting the safety standards for a car to operate on public roads in the U.K. 3. Arrange transportation. You have to have the car transported to the port of embarkation and before going on board it has to be thoroughly cleaned underneath to prevent bringing bad bugs, farm crud and other ecological horrors into the U.S. 4. Get your paperwork in order. You'll need the shipping line's arrival notification, proof that the car is 25 years old or older, and a bill of sale or other document showing its value. 5. Deal with customs. You'll be notified by the shipping agent when your car is expected to arrive. If you're going to collect it yourself you'll have to clear it through U.S. Customs and pay duty, which is usually figured at 2-1/2 percent of the car's value if it's a used import. Customs will collect the duty owed and issue you EPA and DOT exemption certificates allowing you to import the car without further ado. 6. Retrieve your vehicle. You'll then go to the shipping line office, pay the transport costs (cash is preferred) and be cleared to actually get your car after going through a security procedure and obtaining a final clearance at the dock. My Land Rover was put ashore in Port Newark, N.J., a destination that has a reputation for being difficult to deal with if you're a stranger trying to personally collect cargo. I had heard that generous distribution of $20 bills was necessary to get anyone to do anything and that the customs procedure was arduous at best. This turned out to be yet another urban Sports Car Market

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mechanic's garage having a full tune-up, lubricant change and general physical. The only anomaly he's discovered so far is that it has a French ignition system. Oh well, it could have been Lucas.—Dave Brownell• CWM RHUDDAN MANSION Five-star B&B. Stylish, relaxed atmosphere. Car collectors and automobilia enthusiasts particularly welcome. Full-of-character 1871 Victorian home with lovely gardens and live peacocks wandering the impeccably kept grounds. Outstanding auto-related sign collection. Reasonable rates. Phone: 011.44.1550.721414. Mike and Jan Wheadon Llandovery, SA20 ODX Wales, UK TRANSOCEAN AUTO So much for my "non-car" vacation. myth. The customs office in downtown Newark was difficult to find, but once there the process was a breeze, taking all of 20 minutes. The customs officer told me that having the necessary paperwork (as mentioned above) is the key to a quick visit. If you do, it's a matter of paying your duty fees, obtaining the official releases, and heading for the docks. I found the Land Rover tucked among some nearly new BMWs and, so help me, a two-tone Trabant. In the great English tradition, the bat- tery was as flat as the Iowa horizon. A shipping rep helped me get it started with a battery pack, but he absolutely refused a proffered tip. The gate guard helped me load the Rover on my trailer—he wouldn't take a penny's tip, either. Apparently all the Brothers Of The Upturned Palm were out sick that day. The entire process was quite hassle-free. Indeed, the hardest part was trailering the Landie home in a relentless downpour. It's presently at my trusty English car Auto import-export specialists who can find you competitive shipping rates. Plenty of good advice for the novice car importer. Pleasant, cooperative, efficient. Phone: 908.788.7001. Helen Lentine 3 Lentine Drive Flemington, NJ 08822 U.S. CUSTOMS Toll-free information at 1.877.CUSTOMS (287.8667). Web site: www.cbp.gov * Best Drivers! -- Best Service! * Best Customers! We've been setting the standard for automobile transport for over 20 yea rs.We are proud to be "America's premier enclosed auto transport company." Visit our Website! • www.intercitylines.com *****"Rated 5-stars by epinions.com " Please Call or E-mail for a FREE QUOTE 1-800-221-3936 • FAX 413-436-9422 552 Old West Brookfield Road •Warren, MA 01083 The official transporters for: The Auto Collections • Barrett Jackson • Bloomington Gold • Corvette Mike • Mecum Auctions • The Petersen Automotive Museum March 2004  21

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Collecting Thoughts My Jagged Jag When the delivery truck pulled up, I was waiting with camera in hand to document this momentous occasion. But as the car rolled off the truck, my heart sank and I broke out in a cold sweat his tale comes to us from SCM subscriber Ron Avery, who found the experience of buying a car sight unseen to be an enlightening, though altogether unpleasurable one. All names (except for Avery's) have been changed to protect the innocent... and the not-so-innocent. During the past twenty years, I've become quite a car enthusiast; I've bought and sold a good many cars of varying price ranges. My main interests have been Alfas, Ferraris and Jaguars. T Since my father passed away last year, I had been thinking about expanding my car collection to include the cars he owned throughout his life, cars that we had enjoyed together. I currently own a 1984 308 GTS, similar to my father's. I had always admired his Series 1 E-type coupe, and had been saving for ten years in order to buy one. In order to make a smart purchase, I read many books on the subject, devoured anything that appeared in SCM, joined the Jaguar Club, and spoke with many club members, mechanics and restorers. While surfing the Internet, I came across a 1967 Series I 4.2 coupe located in Denver. I found it on a classic car dealer's Web site; let's call it "Beelzebub Classic Cars." The ad read: "Like a dream." The price was $27,500. I contacted "Bob Goodguy," certified mechanic and board member of the Jaguar Club of Denver, and asked him if he was familiar with this car and the company offering the car. He was, and said he'd checked out this particular car for another client several months earlier. In his opinion, the car was worth only around $17,500, and was not as nice as Beelzebub Classic Cars claimed. Bob felt the paint job was sub-par, and did not like the fact that the car had a dented floor on both the passenger's and driver's side from being improperly jacked. Bob's assessment was that this car was overpriced by about $10,000. I decided against the purchase, but decided to call the owner of Beelzebub, "Lucifer Jones," and left him a message stating why I was not going to buy the car. A few days later, Mr. Jones called me, very upset with Bob Goodguy's opinion of the car. Mr. Jones stated that the value of the car was fair and the paint was good, though not show quality. He said that he had a good reputation, and had been in business for 15 years without any problems. So I contacted "Jon Jag," a Jaguar restora22  Then the red mist of desire that all SCM'ers are all too familiar with set in. I really Wanted this E-type, decided to disregard the examination by my expert that I'd paid for, and bought the car without ever seeing it myself. tion specialist in Los Angeles who has advised me on other vehicle purchases. He informed me that he knew Lucifer Jones and had sold him cars over the years. He said he'd bought parts from Mr. Jones before, but never a car. Jon called Mr. Jones on my behalf to discuss this particular car. Jon called me back in twenty minutes and said that according to Mr. Jones's description, the car sounded as advertised, though he felt the price should be closer to $22,000. I called Mr. Jones with detailed questions about the condition of the car. When asked about the radiator fan, he said that it was not stock, but worked great. He said he had driven the car himself around Denver, and it never got hotter than 70 degrees Celsius. He told me that the wire wheels were in good condition, with no rust, but could use a cleaning. After several more questions, he agreed to lower his price from $27,500 to $25,100. Mr. Jones stated that he could not come down any further in price, as he had spent $2,000 on new leather seats, new carpet, etc. Still skeptical, I asked Lucifer Jones what would happen if the car didn't check out. Would there be any guarantee? He said, "What's not gonna check out? Why are you so skeptical?" At this point the red mist of desire that all SCM'ers are all too familiar with set in. I really wanted this car, and decided to disregard the on-site examination by Mr. Goodguy. I took a giant leap of faith and agreed to purchase the vehicle from Mr. Jones for the amount of $25,100. I would also pay for shipping expenses from Denver to Los Angeles ($951.92). After I received the photos and a compression report from Mr. Jones the next day, and thinking of all those great times driving with my father in his E-type coupe, I wired $25,100 to Beelzebub Classic Cars. The night before the car arrived, I was so excited I couldn't sleep. When the delivery truck pulled up, I was waiting with camera in hand to document this momentous occasion. But as the car rolled off the truck, my heart sank and I broke out in a cold sweat. The car was not "clean.., and never any rust" as quoted on the Web site. There was rust galore. There was also lumpy paint, lots of Bondo, missing screws, incorrect replacement screws, and all of the chrome was bad—not just the bumpers, as I had been told. I felt like I had been cheated and lied to. I felt sick as I took the vehicle in for inspecSports Car Market rCdanv uoy :soloqd

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Normal?  tion to "Bill Bootstrap" (owner of "Bootstrap Jaguar"). During the ten-minute drive, I noticed that the car was running hot (around 90 degrees Celsius). After a brief inspection of the car and a short drive, Mr. Bootstrap informed me that in his opinion, my $25,000 car was worth little more than $10,000. He said that the entire car would have to be re-chromed — not just the bumpers and taillights, as Mr. Jones had told me. He also said that the new leather seats were actually vinyl. The list went on and on... broken hinges, torn metal, leaky transmission and brake job, and He was a bit more difficult to reach now that he had my money. He relayed through his assistant that he would be in meetings all day, and would return my call later. After several more calls, I finally reached him at home. I let him know how disappointed I was and that I The list went on and on... broken hinges, torn metal, cylinders, loose rear-view mirror, cheap paint job, and Bondo, Bondo, Bondo. There was even rust on the inside of the doors. It was becoming clearer and clearer that this once fine car had not been well cared for at all—and I'd been had. I called Mr. Jones several times that day. been well cared for at all—and I'd been had. wanted a refund. He disputed my claim that the car was in poor condition, and said the amount of rust on the car was "normal and acceptable" (even though his Web site had said there was "never any rust"). He also said that if Bill Bootstrap could not tell the difference between leather And acceptable? and vinyl, then he sincerely doubted his expertise. He kept repeating, "It seems like you just don't like the car." leaky transmission and brake cylinders, loose rear-view mirror, cheap paint Bondo, Bondo, Bondo. There was even rust on the inside of the doors. It was becoming clearer and clearer that this once fine car had not I asked for my $25,100 back and offered to pay the shipping. Mr. Jones finally countered with a $24,000 offer for the car, but I would have to pay shipping. I felt I had no other options. I reluctantly accepted his offer and shipped the car off, over $3,000 poorer, but much wiser. About a month later, I received a puzzling call from a gentleman on the East Coast, who told me he found my insurance card in the console of his recently purchased Jaguar Series I E-type coupe. We quickly came to the conclusion that Mr. Jones had sold him the car while it was still in my possession, telling him that it was on his lot. When Mr. Jones was asked why my card was in the car, he replied that when my financ- Needs paint.  24 Needs chrome. Sports Car Marker

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Rust mg had fallen through due to bad credit, he had repossessed the car (ironic, since Mr. Jones will not release a vehicle until it's paid in full). In order to pull off this shell game, Mr. Jones had even applied for a new pink slip, since I had the original. (The reason he gave on his application, under penalty of perjtuy, was that the pink slip had been "lost.") The man's story was nearly identical to mine: car bought sight-unseen, a huge disappointment when the car arrived, and a refusal to refund the entire amount by Mr. Bondo Jones. After paying shipping and accepting a lesser refund, this poor guy joined my sadder-but-wiser club. Misery loves company, they say. I am sharing this story because I don't want this to happen to anyone else. In retrospect, I think I knew the car was a bit over-priced, but the fact that it was the same color and type as Dad's helped push me over the edge of reason and good sense. Against my better judgment, I bought a car based on emotion, hoped for the best, and got the worst. But I learned my les- Paint Chip son. I will never, ever, buy another car without laying my own two hands on it. But there is a happy ending to this story. Two months after my ordeal, I did find another Jaguar E-type, only two hours away from my home. Before the purchase, I had it inspected by a marque expert, just as before. But this time, I also looked it over myself and took it for an extended test drive. I'm happy to report that I am now the proud owner of a cherry-red 1965 E-type Jaguar, pretty much like Dad's.— Ron Avery* Vintage Rallies 2004! FORZA AMELIA Amelia Island Concours, Collier Museum & much more! 4 Driving Days—March 14 to 19, 2004 1975 or earlier sports, racing or CT cars $3995 per couple, all inclusive NEW ENGLAND 1000 Vermont, New Hampshire & Maine! 4 Driving Days—May 23 to 28, 2004 19 75 or earlier sports, racing or CT cars $3995 per couple, all inclusive Vermont, New Hampshire & The Berkshires! 4 Driving Days—October 3 to 8, 2004 Any exotic sports car of any year $3995 per couple, all inclusive FORZA MILLE San Antonio & Texas Hill Country! 4 Driving Days—November 7 to 12, 2004 1975 or earlier sports, racing or CT cars $3995 per couple, all inclusive March 2004 TEXAS 1000 Vintage Rallies, Inc. 80 Jackson Hill Road, Sharon, CT 06069 800-645-6069 fax: 860-364-5899 www.vintagerallies.com 25

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Photos.. Donald Osborne SCM Picks Detroit Auto Show 2004 GM chairman Rick Wagoner and the C6.  A DB9 suitable for Mr Brosnan. From the new generation Corvette to the Shelby Cobra concept car, nearly every automaker offered something of interest to collectors and enthusiasts D etroit once again hosted the automotive world at Cobo Hall for the 2004 edition of the North American International Automobile Show. This year, the focus of the automakers was readily apparent: Cars, rather than trucks or SUVs, dominated. From the new generation Corvette, to the Shelby Cobra concept car, to the Maserati Quattroporte, to the Meyers Manx-like VW Concept T, to the Pontiac Solstice, nearly every automaker offered something of interest to SCM' ers. Domestic automakers continue to boil in the profit-draining cauldron of rebates and financial incentives, the only way to move product that has been demonstrably inferior, price-point to price-point, to that of their competition. Perhaps a new focus on building interesting and quality product will allow them to regain market share and enhance profitability. We can only wait and see if "The Year of the Car", as Ford has called it, is just a transient marketing scheme, or a fundamental shift in the way that manufacturers view both product and customers.—Donald Osborne• Bull itt is back. 26  Sports Car Market

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Nomad: (iicvv.y ansircc Ic thc 1 tin! GM's Lutz (L) and Ford:v Theodore, product czars and veteran SCM'ers. 612: It all started with the 250 GTE. Nothing retro about the Cobra dash. Four doors and four cams for the Quattroporte. March 2004 Chrysler's ME Four-Twelve. 27

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Ferrari Profile 1962 250GT PF Cabriolet Series II Seemingly stored since the early '90s, if the fluids were freshened periodically and corrosion hasn't taken a toll on the block, the car may need only minor mechanical attention. If the storage were less than careful... those who were spending big bucks for an exotic didn't want it mistaken for a less expensive model from the same manufacturer This was one of the lowest auction prices for a Series II PF Cab we 've seen in the last year, falling at the bottom end of the SCM Price Guide's $125,000-$245,000 range. Was it a good buy? That depends on whether you're the type who likes to gamble. The car had an older respray over the original paint, and it was in bad shape. The chrome was thin but the bumpers were fairly straight and the body appeared sound. The original seats were worn and the stuff: ing had collapsed—as they say, "suitable for patterns." The European instruments and all the knobs and little trim pieces were present and accounted for and the steering wheel was surprisingly nice. The hardtop is a real plus, however it was not seen at the auction so its condition could not be determined. While restoration of the cosmetics would appear to be uncomplicated, requiring only money rather than long frustrating hours chasing missing pieces or rebuilding a rusty body, the mechanicals are much harder to assess. A previous owner is stated to have had the engine rebuilt, though be careful in your interpretation of what this auction catalog statement means. A little research shows that this car was advertised for the last six months of  DATA Chassis number: 3311 Engine number: 3311 ffectively an open-top version of the Pininfarina-built 250GT Coupe, whose chassis and mechanics it shared, the Series II Cabriolet was built beside its closed cousin from its introduction in 1959 though end of production in 1962. It was the first Ferrari production car to use the new V12 developed in the racing division, the 128F engine. The major innovation was a revised cylinder head design with outside spark plugs allowing 12 port heads and producing 240 hp in street form. The Series II had discs in place of drum brakes, and a new four-speed gearbox with overdrive. E Built towards the end of production, this example was delivered in Europe and subsequently has been in long-term ownership in Atlanta. Red with tan leather interior, it is offered with hardtop. Preserved in substantially original condition, it is reported as having an engine rebuild while in past ownership and is in fundamentally sound condition, though in need of some cosmetic refurbishment. The SCM analysis: Despite the entreaties of at least four suitors, this car stalled on the block at Bonhams 'August 15, 2003, auction in Carmel, CA, at a reported high bid of $120,000. The after-block sale was reported at $135,000, including buyer 's premium. Series II Cabriolets, long out of favor, have been increasing in value of late, with some cars fetching twice what they would have just a few years ago. Yet of all the convertible V12 Ferraris, they remain the least expensive. Blame the bland styling, similar to that of the unloved 250GT coupe, for keeping collectors 'interest at a low level. Ferrari's established practice during the era this car was built was that Pininfarina would build the luxurious and more expensive models, while Scaglietti did the sportier, cheaper cars. The Series II Cabriolet was the most expensive car in the Ferrari line, and its conservative design was intended for older, mature Ferrari enthusiasts. The foil was the Scaglietti-built 250 California Spyder LWB, the Ferrari for the younger, sportier set. The 250GT Cabriolet Series II carried soundproofing, undercoating and rudimentary corrosion protection and cost $15,000, while the Scaglietti-built California Spyder cost just $11,600. Conjecture has it that Pininfarina's conservative styling was a conscious effort to distinguish the Series II Cabriolet from its sporty sibling. Indeed, one reported reason for ending production of the Series I Cabriolet was that it was often mistaken for the much cheaper Scaglietti-built California, and even then, 1987 by a knowledgeable and reputable North Carolina Ferrari dealer thusly: "Red/tan. Black unrestored hardtop. Two owners from new. Older restoration in beautiful condition. Recently rebuilt engine, no smoke. Drive anywhere. Gerald Roush, publisher of Ferrari Market Letter; drove it to and from National FCA meeting in 1987. $125,000." So it seems that 16 years ago, in early 1988, the car arrived in Atlanta and was probably a nice driver then. The engine rebuild was likely well done, however; as far as can be determined, no major work has been done on the car since. Seemingly stored since the early '90s, if the fluids were freshened periodically and corrosion hasn't taken a toll on the block, the car may need only minor mechanical attention. If the storage was less than careful... On the same weekend that this car sold, RM auctioned off a very nice I- condition PF Cab 511, S/N 3407, for a record price of $258,500. It had been given a complete cosmetic restoration, with no engine work required. It was implied that the owner had recently spent about $100,000 on  paint, interior; chroming, complete disas-  sembly, and a rebuilding of the rear end.   Years produced: 1959-62 Number produced: 200 Original list price: 515,000 SCM Price Guide: $125,000-$245,000 Tune-up/major service: $1,000$1,500 Distributor cap: $300 Chassis #: plate on firewall Engine #: right rear engine mount Club: Ferrari Club of America, P.O. Box 720597, Atlanta, GA 30358 Web site: vmv.ferrariclubofamerica. org; www.ferrariownersclub.org Alternatives: 1959-64 Maserati 3500GT Vignale Spyder, 1957-63 Mercedes 300S1 Roadster, 195255 Siata 208S America roadster SCM Investment Grade: B COMPS 1962 Ferrari 250GT PF Cab 511 Lot #700,5/N 2153 Condition: 3+ Sold at $178,200 Barrett-Jackson; Scottsdale, AZ; 1/16/2003 So perhaps the buyer of the car pic- SCM ID# 30081 tured here could achieve a #1 car after a simple paint stripping, respray and reupholstery, for; say, $50,000. He would have then achieved the Holy Grail of the collecting hobby, buying a car where everything was as good or better than it seemed, and ending up with a fully restored car without getting buried. Care to wager?—John Apen (Background information courtesy of the auction company)* 1961 Ferrari 250GT PF Cab SII Lot #212, S/N 1783 Condition: 1 Sold at $151,848 Brooks Europe ; Monaco; 5/26/2000 SCM ID# 9696

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Sheehan Speaks Ferrari vs. Lamborghini, The Early Years Ever since the 350GT made its debut in 1964, the Lambo vs. Ferrari comparisons, contrasts and late-night heated discussions have been never-ending F erruccio Lamborghini made his first fortune building tractors and his second producing heating appliances. At age 47 he set out to amass yet another fortune by designing, building and selling the ultimate grand touring auto. Thumbing his nose at Ferrari, located only 40 kilometers down the road, was an extra bonus. Ever since the 350 GT debuted in 1964, the Lambo vs. Ferrari comparisons, contrasts and latenight heated discussions have been never-ending. Classic Lamborghinis fall into two categories: the early front-engined cars, the 350 GT, 400 2+2 and Espada; and the first two mid-engined supercars, the Miura and the Countach, in all their various The comparable Ferraris from the same period 1963 Ferrari 250 GT/L Lusso vs. 1967 Lambotghini 350 GT incarnations. start with the 250 We begin with the 1964 350 GT and its logical Ferrari counterpart, the 250 UT Lusso. The Lambo is clearly the technological winner, equipped with a 320-hp, four-cam V12, six two-barrel Webers, ZF five-speed, alloy body, fully independent suspension and a dual booster brake system. The Lusso had only a twin-cam 3.0-liter V12, three Webers, a four-speed tranny, and a steel body. Output was a meager 250 hp. When new, the Ferrari outsold the 350 UT, 350 to 131. Having owned and driven both, the 350 GT is faster and more comfortable. But the market looks at things Lusso and go through the Testarossa. While primarily a Ferrari guy, I've driven and owned my share of Lambos, and here's my take on how they stack up against each other, apples to apples (rigatoni to rigatoni?) as much as possible. made every other supercar on the planet obsolete. It had drop-dead gorgeous good looks, a lightweight monocoque "tub," and a highly sophisticated sidewinder 4-liter engine with six Webers that produced 385 hp at 7,850 rpm. All up, with fluids, the Miura weighs in at only 2,800 pounds. While it may seem strange to call a Boxer "user-friendly," in fact the Miura and Countach are both so user-cruel that the Boxer seems like a Mercedes S Class by comparison. differently. A best-in-the-world 350 might get to $135,000, while the equivalent Lusso is going to come close to $275,000. Why? The Lamborghini's styling is not inspired, with a kind of "dumpling on a pancake" look to the greenhouse/body combination that has not stood the test of time. On the other hand, the Lusso has always been regarded as having singularly elegant styling. Despite being slower, the Lusso offers a more spirited driving experience, and produces the legendary V12 sound that conjures up images of Ferrari's unmatched racing heritage. Skipping past the 400, which was really just the 350 with tiny back seats added in a meaningless attempt to broaden its market appeal, Lamborghini's next evolutionary leap was the Miura. Introduced in 1966, it was built as the P400 from 1966 to 1970, as the Miura S from 1970 to 1971 and the SV from 1971 to 1973. The Miura was a visual and technological tour de force, and instantly While the S had some improvements over the P400, it was the SV that represented the ultimate incarnation. It featured a much stiffer chassis, a split sump to separate the previously co-mingled engine oil from the transmission oil, and vented disc brakes. It also had nine-inch wide rear wheels encompassed by larger rear fender flares, all in an effort to keep the back end from passing the front, not an uncommon occurrence for Miura drivers whose enthusiasm exceeded their talents. Thus fuel spills directly onto the hot cylinder heads, leading to instant toasted bull.) (Note: Over time, Miuras have become known for setting themselves on fire. The carburetors are mounted directly above the spark plugs, and leak if the floats stick. Just as the SV was the best Miura, the Daytona was the most highly developed front-engined V12 Ferrari of the period, making a comparison between the two appropriate. Obviously, the entire Miura series was technically more sophisticated, in theory faster, and certainly made a bolder statement than the Daytona. But Miuras suffered from poor build quality, redefined the term "instant rust," are ultra-high maintenance, and lack the panache imbued by the Ferrari racing heritage. Furthermore, I have never found enough road or courage to begin to find the top speed claimed for any of the Miuras; their reputation for extreme front-end lift at triple-digit speeds has reportedly led to many white-knuckle experiences. I can assure you that the Daytona will walk away from a Miura SV under acceleration. 1971 Lamborghini Miura P400 S vs. 1971 Ferrari 365 GTB/4 Daytona But while Daytonas may have sold better when new, the SV is clearly the current market winner. A Miura P400 will cost $75,000 to $100,000; a Miura S, $100,000 to $150,000; and an SV $200,000 to $250,000. Daytonas sell in the The Daytona is much heavier at 3,600 pounds, less powerful at 352 hp, sits much higher, and is certainly more subtle in its styling. However, once again the Ferrari outsold the Lambo, 1,279 units to 762 (all Miura models).

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$125,000 to $150,000 range. The high value of the SV is partly due to its limited production, with just 150 built, but mostly because its Gandini design will always be regarded as a landmark. The last of the classic Lambos is the Countach, produced in a variety of versions from 1974 to 1989. It is appropriately compared to the 197489 Boxer, and the first-generation Testarossa (1985-91). Once again, when unveiled the Countach was a technical and styling tour de force, although it quickly grew visually cluttered with wings and in the U.S., federal bumpers. The Boxer and even the Testarossa are more to as 45-minute cars, meaning that before an hour is up, the driver wants out. The three-quarter and rear vision from a Countach is a joke; backing up a Countach is an exercise left to the young and limber, as the driver must open the door, sit on the sill, turn backwards and aim while balancing himself, the gas and the brakes. Should I even mention that the Countach styling is so outrageous that you feel like a drug dealer the minute you get behind the wheel? While the Miura and the Countach may spec out better than the Boxer or Testarossa, in real life the Ferraris simply walk away from the Lambos. And the Ferraris are supported by a far more extensive dealer and parts network. Need a clutch in your Boxer or Testarossa? Figure on $3,500 to $4,500. For your Countach, that'll be $10,000 to $12,000. Lamborghini ownership is not for the faint of heart, nor thin of wallet. Today Boxers sell in the $65,000-$95,000 range, and Testarossas in the $50,000-$65,000 range. Countachs are worth slightly more, with 25th Anniversary Editions bringing close to $100,000 if you find the right buyer on the right day. 1978 Ferrari 512 BB vs. 1984 Lamborghini 5000S conservative mechanically and stylistically. Ferrari won the sales race, selling 3,623 Boxers and over 6,000 Testarossas, while just under 2,000 Countachs left the factory. While it may seem strange to call a Boxer "user-friendly," in fact the Miura and Countach are both so user-cruel that the Boxer seems like a Mercedes S-Class by comparison. The Lambos are sometimes referred to visiting it in its dedicated service bay at your local shop—or if you enjoy a few hot laps at the next sports car club track day, I'd stick with the prancing horse. So if you're looking for a car that says "look at me," the Miura or the Countach are the ticket. If you actually want to use your exotic—as opposed Next month we'll continue our look at raging bull vs. prancing horse with "From the Diablo to the Present: Multiple Management Shuffles and the Germans Now Run the Show."• America's Oldest Ferrari Dealership

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66 330GT 2+2 coupe, red, tan, single headlight version, chrome Borranis, 64,000 miles, air, 1 repaint with original interior. Jim, 860.633.8270. CT 69 365 GTC, yellow, tan, Borrani wheels, excellent. David Grant, 661.254.6188, fax 661.257.3875. CA 72 246 GTS, yellow with black leather. USA version with a/c and power windows. Mechanical restoration, engine, transmission, suspension. All work by factory authorized technicians. Drives superbly. Very good paint and interior. $89,900. www.confinentalautosports.com, 630.655.3535. 72 365 GT13/4, Daytona red w/black leather, USA modeL 727.515.1965. FL 72 365 GTC-4, Ferrari red, one owner CA car until I bought it four years ago, runs beautifully and looks as an original unmolested two-owner car should. $50,000. 775.786.9110. NV Ferrari Classifieds ALL CLASSIFIEDS INCLUDE INTERNET POSTING! ONLY $15. See page 90 for details. 73 Daytona Spyder, s/n 17045, very late model and the only one painted Rossi Dino which is a bright orange, this is a very unique automobile with only 10,260 miles on the odometer, and is virtually original and in concours condition, tan interior with black inserts, Borrani wire wheels, tool kit and manuals, investment grade on a car with easy miles. $425,000, no dealers please. Bill Tracy, 941.924.9523. FL 74 246GTS, champagne tan with tan leather, Daytona seats, 50,000 miles, unusually fine condition in and out. $82,500. 757.749.9047. VA 77 308 GTB, 40,000 miles, bare metal respray five years ago, fly yellow/black interior, a/c, Tubi exhaust, European front spoiler, 308 specific three-piece 17" OZ racing wheels with Pirelli P7000 tires, stock wheels, second owner, all books and tools, major service done as well as recent fluid change, an exceptional 308 at a reasonable price, needs nothing. $35,000, serious inquiries only. Evenings 908.996.3538, days 201.707.6279. NJ 78 308 GTS, red, tan interior, 25,000 miles, just completed 30,000 mile service, carbs rebuilt, excellent driving car, painted 1998. $32,000 o/b. 262.646.3633. WI 80 GTSi, US, red/tan, 45,000 miles, nice original car. $27,900. 516.541.9541. NY 81 512BB Boxer, red with beige leather and black inserts, totally restored, paint, engine, etc, last of the carb versions, only 22,000 miles, runs extremely strong, complete books, tools and custom car cover. 727.515.1965. FL 84 308 GTSi Quattrovalve Spyder, red/ black, 40,000 miles, a/c, Blaupunlct radio, cassette and equalizer, radar, 35,000 mile major service done, built in battery charger, tools and owner's manual, no scratches or dents, beautiful condition, garage kept, never in rain or snow. $36,500, principals only. 732.836.1256. N1 85 308 GTSi Quattrovalve, red/tan, 35,000 miles, pampered condition. $39,000. 330.666.1093. OH 99 Maranello Grigio, alloy, K&N filter, Tubi exhaust, 7100 miles, looks and drives as new. jisesongnetscape.net . 516.365.1385. NY. CA),,oziee RESTOR ATIONS Twenty years dedicated to the meticulous restoration of the world's finest exotic, vintage and classic motor cars. APPRAISING SERVICES AVAILABLE: DECLARED VALUE • LOSS DAMAGE • ESTATES 2347 GOLD RIVER ROAD • SUITE N • GOLD RIVER, CA 95670 Exclusively 280SLs Low-mileage and original cars are our specialty to buy or sell. Several cars in stock for immediate delivery. 2 Springdale • Cherry Hill, New Jersey (888) 840-1700 www.tonylabella.com .,1191•ItTalerel .. LIMITED EDITION AND ORIGINAL AUTOMOTIVE ART 1638 SE 11th Avenue, Canby, OR 97013 1-800-452-8434 Email: steveaustin@canby.com www.steveaustinsautomobilia.com JUST RELEASED Signed by Mario Andretti & Parnelli Jones NEW TOUR ANNOUNCEMENT SCAI:s 2nd COLLECTOR'S TOUR TO ENGLAND featuring the Jaguar, Aston and Bentley factory tours, Bonhams auction, museums, High Tea, Stratford-on-Avon stay, guest speakers, English countryside touring and more. Led by Keith Martin, Cindy Banzer and Steve Austin. 'GOOD WOOD REVIVAL' Historic Races plus August 30 - September 8, 2004 $3,225 pp/do, air not included. Call for brochure, space is strictly limited. Our last tour sold out in just two weeks. 'TRIBUTE TO FORD - '65 INDY 500 Limited Edition of 50 Giclee on Canvas - 46" x40" $850 Limited Edition Print of 850 33" x 25" $295 Our May tour to Italy & the Monaco Historic Races is Sold Out. Cancellation wait list only available.

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Spectrum Auction Company &  I  D -"c d ) IOW 24 2004 Classic Car Auction 2 - S IA, PRIL 4, 2004 10th Annual Cruise-in SATURDAY, APRIL 3, 2004 Concours d' Ele ance SUNDAY, APRIL 4, 2004 3  Classics, Antiques, Sports Cars and Exotics! Hot Rods, Roadsters, i•  . Expected! (818) 999-0832 6 HOTEL RESERVATIONS: SPA RESORT CASINO 100 N. Indian Canyon, Palm Springs, CA 92262 P A L m  s p 5IN:3s  Hotel: 760-325-1461 or 800-854-1279 Casino: 760-416-1826 or 800-258-2946 Spectrum Auction Company 23295 Ventura Blvd. Woodland Hills, CA 91364 1939 FORD BUSINESS COUPE NO RESERVE! 0 6 SPA RESORT CASINO PALM SPRINGS The City of Palm Springs Present FOR MORE INFORMATION CALL STANLEY ZAHN FAX (818) 999-0816 www.palmspringscarclassic.com stanley@spectrumauctions.com SPEC4M_

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English %UT 11 ro 11U111U Profile 1954 ArnoIt Bristol DeLuxe Roadster There sat my never-forgotten love from Paris, among common British machinery like Morris Minors and MG Magnettes lighter and more powerful, developing 130 hp at 5,500 rpm. The entire package was stunning to behold and successful on the track. This obscure made-for-America hybrid marked three memorable moments in my life. One sunny autumn day in 1955, while strolling down Champs-Elysees, I saw an Arnolt Bristol Bolide, white with a blue racing stripe. In the eyes and heart of this 17-year-old, it was the most beautiful car in the world. Two years later: I had become lost in Chicago on a rainy November afternoon when I found myself standing in front of Arnolt Motors, Ltd. The door to the showroom was open, so I walked in. There sat my neverforgotten love from Paris, among common British machinery like Morris Minors and MG Magnettes. A bear of a man dressed like a Hollywood cowboy asked if he could help me. Though my English was limited, I understood he was trying to sell me the car I so coveted His eyes and voice were hypnotic, and for a moment I thought, "It's only four grand "I was working as a stock boy at Marshall Field's, where they paid me a whole dollar an hour, but still... I walked out into the rain. As I found out later, the man was Wacky Arnolt. Jump forward to 1971. I was having lunch with Luigi Chinetti Sr in my favorite restaurant, Le Chanteclair in Manhattan, owned by Rene Dreyfus, one of the top pre-war Grand Prix drivers. Rene came to say hello and  DATA Chassis number: 404X3011 T he ArnoIt Bristol was the obsession of engineer, industrialist, importer, and sports car enthusiast Stanley "Wacky" ArnoIt. He made his fortune building marine engines during World War II, and, seeing a market for sports cars in America during the early 1950s, cut a deal with Bristol to use an updated version of its 400 chassis, designated the 404, to build a sports car. Bertone supplied the bodies, and the ArnoIt Bristol went into production in 1954. This fine example is from the renowned William G. Lassiter collection. Purchased from a Texas enthusiast in 1990, Mr. Lassiter had the car fully restored in Pompano Beach, Fla., to an extremely high standard. The car is in very good condition with the exception of some minor paint issues on the hood. It is refinished in Post Office Red with an Arbotan beige interior and a tan top, and it comes with side curtains. The SCM analysis: This car sold for $52,801, including buyer's premium, at the RM Monterey Auction held on August 16-17, 2003. It was previously sold by Christie's for $51,750, in March 1999. After loaning the fledgling Bertone some capital and becoming a vice president of the firm, Wacky Arnolt undertook several automotive-related endeavors, including producing the Arnolt MG, but none were as successful as the Franco Scaglione-designed Arnolt Bristol. The design was practical and smart. Bodies were built in steel because it was cheaper, plus American body shops were not used to working in alloy. By welding the body to the chassis, the Arnolt Bristol was extremely rigid, almost as good as a monocoque. Rather than a standard 95-hp Bristol engine, the cars were fitted with a BS1MK2, which was The racing version, called the "Bolide," did not come with a top, carpeting or adjustable seats, and windshield wipers were optional. "De Luxe" models had all of those features and a different dashboard design with the instruments in front of the driver. A coupe completed the model line-up, though just six were built before production ended in 1961. Only 142 Arnolt Bristols were constructed in total, 12 of which were destroyed in a Chicago warehouse fire. An estimated 75 cars survive to this day. The Arnolt Bristol earned a glowing reputation as a racer, winning its class at the 12 Hours of Sebring in 1955, with two other Arnolts taking second and fourth. sat down at our table. I asked him which of his races he most remembered and without hesitation he replied, "1955 Sebring," where he drove an Arnolt Bristol. Rene proceeded to tell us that he had really had no interest in racing again when he drove at Sebring, but the team owner was the most persuasive man he had ever met. Dreyfus placed fourth in that race, driving for that same bear who had tried to sell a teenage stock boy one of his sports cars. Yes, the Arno!! Bristol comes from that magical era when sports car legends were made, and Wacky's story endows the car with at least as much desirability as does its elegant Bertone body. Of course, while crafted in the same spirit as the AC Ace, the Arnolt Bristol doesn't have quite that cachet or market valuation today. But after all, Carroll Shelby never put his hands on one of Wacky's cars. With the exception of one ragged example that's been making the rounds for over two years—and largely failing to attract bids much over $40,000—A molt Bristols don't appear at auction too frequently. When correctly restored like the car pictured here, they're undoubtedly worth at least $50,000, but we don't see enough good cars sell to accurately assess any market trends. A Bristol Owners Club concours classwinning Bolide (S/N 404X3042) did just sell for a whopping $78,260 at Bonhams ' London auction in December 2003, so perhaps the new owner of this DeLuxe has some market appreciation to look forward to, along with enjoying his curvaceous and unusual ride.—Raymond Milo (Background information courtesy of the auction company.). Years produced: 1954-59 Number produced: 142 Original list price: Bolide $3,995, DeLuxe $4,645, Coupe $6,390 SCM Valuation: $50,000-$60,000 Tune up/Major service cost: $750 Distributor cap: $100 Chassis #: on the chassis at the foot of right front engine mount Engine #: top of right side of valve cover (elliptical brass plate) and in middle of the block on the left side Club: Bristol Owners Club, Kevin Jones, Esq., 27, Henry Road, Oxford 0X2 ODG, England Web: www.boc.net Alternatives: 1956-63 AC Ace Bristol, 1960-69 Morgan Super Sport SCM Investment Grade: C COMPS 1959 Arnolt Bristol Lot #637,5/N 3100 Condition: 3 Sold at $38,800 Barrett-Jackson; Scottsdale, AZ; 1/17/2002 SCM ID# 26946 1959 Arnolt Bristol Lot #300, S/N AR/BR58101 Condition: 3- Not sold at $36,000 Mecum; Delmar, CA; 4/5/2002 SCM ID# 28099

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ASTON MARTIN 61 DB4, lhd, good California car, apart for restoration, engine, gearbox, etc, rebuilt, lots new. Jerry, 330.759.5224 days. OH 69 DBS, full restoration of body and chassis by specialists, all receipts with car, paint near flawless, chrome excellent, interior original and in very good condition, green with tan, Ihd, auto, a/c, PAS, 45,000 miles, great oil pressure. aston121894@pikeonline.net. $25,000. 77 AM V8 Series III, stunning example, Oxford green with camel, three owner California car from new, past concours winner, maintained to a very high standard. $35,000 firm, serious inquiries only. 360.379.5451. WA 79 V8 Vo!ante, all original, same owner last 15 years, offered at $54,900. 732.892.1511, cell 732.773.8450. NJ AUSTIN-HEALEY 56 100M, complete restoration of an authentic LeMans Healey with only 18,000 miles, professionally done with no expenses spared. Jim, 860.633.8270. CT 6, new paint, very solid, runs well, new interior, has both tops, located in PA. $14,500. 570.937.3158 PA, 708.288.2588 IL. 59 100- 61 3000, white with black interior, great original. gwilson@ledroitbeckett.com . $31,500 CDN. 519.936.1564. ON, Canada 63 3000 Mk II, Healey blue with blue interior, frame-up restoration, new top, new tonneau, new interior, show winner, cosmetically and mechanically outstanding, a Pre-Owned '03 +8, INFERNO RED METALLIC '02 +8, BLUE POZZI/DARK RED '89 4/4 CORSA RED/TAN '66 +44 SEATER, SALE PENDING '65 +4 ROADSTER APPLE GREEN '65 4/4 SERIES V RACER, BRG '65 +4 4 SEATER BIG/CREAM '63 +4 DK, YELLOW/BLACK '63 +44 SEATER, RED/BLACK '63 4/4 SERIES V BLACK/RED '61 +4 DHC, WHITE/RED '61 +4, RED SS CONVERSION '61 +4 POLISHED ALLOY/BLUE '60 +4 DHC, BRG/BLACK '60 +4 ROADSTER YELLOW/BROWN '53 +4 FLATRAD ROADSTER, BRG/BLACK '53 +4 FLATRAD DHC, BLACK '52 +4 FLATRAD ROADSTER BLUE controlled garage, price reduced. $34,900. ALL CLASSIFIEDS INCLUDE INTERNET POSTING! 334.272.3000. AL ONLY $15. See page 90 for details. rare find in show quality condition. $42,000 US. 403.678.0243. AB, Canada 67 3000 Mk III, fully restored example of the last year Healey in red/black, spectacular interior and woodwork. Jim, 860.633.8270. CT BENTLEY 30 Birkin Blower Bentley, a magnificent recreation constructed in 2001 on a 1935 Rolls-Royce chassis. Aluminum bodywork over an ash frame, 4.5-liter supercharged Bentley Mark IV engine producing 225bhp. Peterson Engineering has built the car with an unbelievable attention to detail. The motorcar appears as a fully restored original. The Blower is a joy to drive with its ample power and hydraulic braking system. Must see to believe. Other recreations available via special order, P.O.A. www.continentalautosports.com, 630.655.3535. JAGUAR 49 Mk V saloon, 3.5 liter, rhd, manual transmission, black, very good condition, stock, unrestored, tan interior, sunroof. $16,500. 248.613.8125. MI 54 XK 120 roadster, beautifully restored classic, chrome wire wheels, stunning interior and dashboard. Jim, 860.633.8270. CT 56 XK 140MC roadster, 2 owners, last owner owned car 40 years, California car, matching numbers, documented original New Cal Legal +8 BMW TITANIUM SILVER BLU POZZI GRIGIO INGRID METALLIC Other Marques '75 LOTUS/CATERHAM '67 MOB/DID '67 PORSCHE 911s '67 LOTUS ELAN COUPE EHC '65 LOTUS ELAN S2 RACECAR '65 ROM ROYCE SILVER CLOUD III '63 JAGUAR XKE ROADSTER '59 MONDIAL 125 SPORT '56 DUCATI 250 DUSTBIN VINTAGE RALLY EQUIPMENT California 1963 title, excellent car, beautiful driver, stripped to bare metal paint job, new chrome, new tires, wheels, brakes, exhaust including new porcelain manifolds, valve job, timing chains, drove very little last 20 years, 200 miles approximately, 4-spd overdrive trans. C-type engine, full documentation and pictures available. $32,500 obo. 830.626.311. TX 58 Model XIC150S, June production early S, documented JCNA #158 of 326, restored to factory colors, black, black top, red interior, frame-up body-off restoration completed 1997, 19,000 miles. lhaithc@attglobal.net . $75,000, partial Porsche 911 or Mercedes AMG trades considered. Office, 336.723.1854. NC 61 E- Type roadster, #875366, welded louvers, external bonnet latches, flat floor, matching numbers, restored. $56,000. 352.475.6270. FL 62 Mark II sedan, total restoration, all original inside, outside, except professionally changed Chevy 350, auto, dual a/c, suspension, dash, brakes, terrific driver, showroom nice, $62,000 invested. $39,900. 716.662.3380, 716.807.6483, 716.861.0054. NY 64 XICE 3.8 liter roadster, red with red leather, black canvas top, 50,000 miles, in the family for 30 years. Matching numbers with Heritage Certificate, excellent restored driver. pwrisley@charternet. 603.465.2823. NH 68 XICE Series 1.5 Arizona roadster, looks like 1967, original covered headlights, triple SUs, matching numbers, assiduous new ground-up restoration, no expense spared, red with beige, perfect, 38,000 miles, owned 26 years, sacrifice. $44,900, offer. 928.474.9862. AZ 71 XICE S11 roadster, black, black top, tan Connolly leather interior, 4-speed, chrome spoke blackwall Michelins. tennis10021@yahoo.com . 228.547.6236. MS 72 XICE, 2+2, red with black interior, under 60,000 miles, all original, 4-speed, fully restored, perfect. $30,000. 603.752.2296. NH 73 XICE, V12 roadster, 4-speed, 41,000 miles in superb condition, 12 year old beautiful repaint in gorgeous chocolate, 10 year old tan Stayfast top and biscuit leather interior, runs flawlessly, always in $39,995. 74 S3, V12, 25,000 original miles, 2-owner, rust-free beauty in British Racing Green and tan, needs nothing, everything works, including cold a/c, great driver or concours prospect, price below market for quick sale. 21st@webspan.net . $30,000. Mike, 908.230.1801. NJ LOTUS 67 Super 7 Series 2, original owner, rhd, BRG/black, excellent condition, 1500 Cosworth Ford (low miles on rebuild), twin 40 DCOE Webers, full weather gear in excellent condition, original Wobbly web Mags, custom tonneau and wind-wings, never raced/crashed. jjcech@ucdavis.edu . $22,500. 530.758.2922. CA 86 Turbo Esprit, flawless red/black, taupe top, one of the nicest, 25,000 miles, must sell. 716.662.0860, 716.861.0054. NY MG 46 IC, former Best of Show winner in red/red with tan top. tonneau, side curtains, Brooklands windscreen, rare wind-up clock. Jim, 860.633.8270. CT 59 MGA twin cam roadster, body-off restoration, trophy winner, green/gray. $25,000. 928.759.0682. AZ $50,000. 64 MGB roadster, complete, ground-up nut and bolt restoration, photo documented, white, black interior with white piping, chrome wire wheels, 800 miles since restoration, must sell. michaelmellion@juno.com . $15,000. 757.434.9195, 757.437.2676. VA 72 Midget, fully restored, chrome bumpers, five-speed Datsun trans, Weber cads, electronic ignition, new: wiring, top, brakes, exhaust, drivetrain completely rebuilt, garaged. needs nothing, very quick, fun happy driver. extra parts. $7,500 obo. 772.334.0759. FL TRIUMPH 63 TR4, no rust California car, dual Webers, Mini-lites, new tires, red with black interior, many extras. $10,500. Terry 970.980.5597. CO WANTED An absolutely serious buyer wants any European antique classic cars, Jaguar, Austin-Healey, MG, Morgan, Triumph, 356, 190SL, Alfa Romeo, Riley, Land Rover, Singer, also pre-war cars and other interesting European cars in any condition, any location. Please call Steve's British Connection. 630.553.9023, fax 815.786.3372. sbcinc@aol.com.• W■C>I L 11:›NA/ I CO LARGEST INVENTORY OF ALL MOD r■,  LjFr. 11,17MI Motor Car Dealer • 3003 PICO BOULEVARD, SANTA MONICA, CA 90405 • (310) 998-3311 MORGANWEST.NET • DENNIS GLAVIS, MANAGING DIRECTOR RESTORATION CENTER (623) 869-8777 23047 N. 15 Lone, Phoenix, AZ ASK FOR "DOC" • E-mail doc@docsjags.c V VL-31 TEL: (480) 951-0 FAX: (480) 951-3339, THE WORLD'S BIGGEST & BEST JAGUAR WEB SITE -AA- 11  IDOC • S JAG http://www.docsjags.cor

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I MIFITITIMERTi I■11 1966 2600 Sprint I I I I I I I  i  i  Any project car is a risky buy, but this one raises more red flags than a May Day parade in Beijing many hours of great driving I had in my 2600 Sprints. But having bought one of those three cars sight unseen, I also recalled the horror when 1 saw the rusty fright pig that was delivered to my house. You can probably guess from the photos which of those two memories is more relevant to this car Any project car is a risky buy, but this one raises more redflags than a May Day parade in Beijing. The first is that the auction listing incorrectly called the car a 2600 Sprint "Speciale." No such designation exists, as that moniker was applied only to specially bodied Giulietta and Giulia coupes. No date is given for the alleged engine rebuild, while the photos show a dirty motor that's missing its manifold and carburetors. If this doesn't make us suspicious, the seller's identification of the original carbs as "Strombergs," when the 2600 used Solexes, should. And 'fitting dual Webers"? That would be quite a trick, as all 2600s came with triple dualthroat carburetors. With no photographic evidence of all the missing trim pieces, great potential exists for an exhausting and wallet-depleting search for them. "Body sections taken mainly from other vintage Alfas" isn particularly encouraging, and I wonder if those pieces might not be as rusty as this car apparently once was (or still is). Chassis number: AR825472 A s described by the seller on eBay Motors: This rare automobile has been in the body shop for six years. The exterior has been slowly and carefully rebuilt. All the bondo has been removed and replaced with body sections taken mainly from other vin- tage Alfas. I purchased the car in San Francisco, where the car still sits. I moved to Hawaii several years ago and have been unable to follow the project through to its completion. It was moved out of the shop last week and needs a new home as soon as possible. The photos do not clearly show the quality of the current bodywork, missing what should be obligatory undercarriage or trunk floor closeups. As the car has supposedly been in the hock chop for sit" sears. it would be nice to know more about when and how this work was completed. Are there new body trim gaskets to go with the car? Was the glass taken out when the body was refinished? To put the car pictured here right would take considerably more than "a professional coat of paint and some time." We all fantasize about landing an easy restoration, but this isn't it. The interior leather is in good condition. The front seats were completely redone recently in good quality, matching black leather. Enrico Tenni at Valtellina Automobili, an Alfa Romeo specialist, rebuilt the engine. He planned to modify the manifold to fit dual Webers and can still undertake this project if desired. The original manifold and Stromberg carbs are not included. Otherwise, it is mechanically complete. All the pieces (headlights, door panels, door handles, etc.) are in storage and are included. At present all it requires is a professional coat of paint and some time to put it all back together, and it will be truly beautiful. The SCM analysis: This car sold for $5,402 on eBay Motors (#2449764206), December 30, 2003. The Bertone-bodied 2600 Sprint was Alfa's top-of-the-line offering in the 1960s, with 6,999 produced between 1962 and 1966. It successfully competed against the Maserati 3500 GT and Jaguar E-type 2+2. Powered by a twin-cam, 2.6-liter straight six and featuring a full leather interior and power windows in a classic Giugiaro-penned body, the 2600 was designed to be an effortless continent crosser. As the late Pat Braden wrote in the April 2002 issue of SCM, "A well turned-out 2600 Sprint is an all-day 90-mph cruiser that is easily the equal to nearly any GT car built in the same period:" The factory brochure boasted that, "one may change up into top fifth) gear at 100 mph." Reading this auction listing elicited a pair of sharply contrasting reactions. As the former owner of three 2600 Sprints, I recalled the great power, comfort and classic looks of these high-speed tourers, and the The best of my 2600 Sprints was a one-owner 35,000-mile California "black plate" example, purchased after the car had been painted by the seller and mostly re-assembled. But I still had to locate and then install all the chrome trim using new old stock or re-plated pieces, neither of which come cheap. (Nor are there any original attachment clips available.) I also sorted out the electrical system, rebuilt the steering box, replaced the clutch (a unit shared with the Ferrari 250 and priced accordingly), and completely overhauled the braking system. All of this was done to a car that I was able to drive at some speed and with some confidence before I bought it! Given that the nicest 2600 Sprint in the world can be had for $15,000, it's quite unlikely that this eBay project, even bought at only five grand, could be brought up to that standard for an additional ten. Perhaps the buyer of this car is a capable mechanic and body man who is also a holder of vast stocks of vintage Alfa parts. If so, he may have gotten a good deal. But for anyone who is not a do-it-yourselfer, and has to write checks to get things done, this was not the best way to get into a 2600 Sprint.—Donald Osborne• Years produced: 1962-66 Number produced: 6,999 Original list price: $5,400 SCM Price Guide: S7,500-$10,000 Chassis #: engine bulkhead Engine #: intake side of block Tune-up/major service: $250 Distributor cap: $50 Club: Alfa Romeo Owners Club, 10 Raskin Rd., Morristown, NJ 07960 Web site: www.aroc-usa.org Alternatives: 1966-67 Jaguar E-type 2+2,1957-65 Maserati 3500 GT SCM Investment Grade: D COMPS 1962 Alfa Romeo 2000 Spider Lot #522, S/N AR102042825 Condition: 2Sold at $5,796 Bonhams 8, Brooks ; Northamptonshire, U.K. ; 8/25/2001 SCM ID# 24301 1971 Jaguar KKE 2+2 Lot #31,5/N 1S71361BW Condition: 4 Sold at $6,930 Mecum ; Elkhart Lake, WI ; 7/20/2000 SCM ID# 10005

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ALL CLASSIFIEDS INCLUDE INTERNET POSTING! ONLY $15. See page 90 for details. 35 Type 35, 3.8 liter race car, lots of documentation, special car, $2,900,000; 47 6C2500 Pininfarina, one-off roadster project car, needing enthusiastic owner, includes extra car, $75,000, best offer. 623.465.7246. AZ 38 Cabriolet two-seater by Pininfarina, one-off, body only, no chassis or mechanicals. fantcar@yahoo.fr. 58 2000 Spyder, very nice car, finished in red with tan leather and canvas, $32,500. 310.657.9699, fax 310.657.9698. CA 59 Giulietta Sprint, new 1600cc engine, $8,500; also 1966 Giulia, T1 with new engine, $6,000 firm. 650.712.1444. CA 64 1600 Spyder, red with black interior, fabulous older restoration of a nice original car, properly sorted out, ready to drive and enjoy. $17,000. 215.540.9400, fax 215.540.8272. PA 1971 Alfa Romeo Spyder. White with black interior. Original owner. Condition 2 car. Original California car. $7,000. 626.919.0414. (CA) 1971 Alfa Romeo GTV. Mechanically excellent. See through bolster, Connolly leather seats, tan & black. No rust or accidents ever! Show paint. $14,000 or offer. 801.943.0125. 88 red, black leather interior, recent paint, original color, all records, immaculate. craigrowland@telus.net . $10,900. 604.266.5753. BC, Canada. 89 Spider Quadrifoglio, black, gray leather, 76,000 miles, five-speed, recent complete valve job, hardtop, canvas, excellent condition. $7,900. 323.876.8128. CA 91 Spider Veloce, only 35,000 original miles, 2.0 liter dohc, five-speed transmission, factory air conditioning, Modena silver, tan leather bucket seats, factory alloys, first year for the redesign by Pininfarina. $12,990. 301.299.9000,410.280.3700. MI) 91 164L, five-speed, red with black interior, 108,000 miles, new clutch, struts, tires, etc, looks and drives nice, developed noise in motor. $1,000. 401.265.0879. RI 94 164LS, white with charcoal leather, automatic sport transmission, stunningly beautiful car with only 73,000 miles, dealer maintained with records and in fantastic condition, 303.777.1119. CO GTA Jr., AR775928, terrific rust-free street car from Rome, imported 1982, fresh motor and close ratio box, magnesium bellhouslug, correct twin plug setup on non-original block, chassis is restored, body needs paint, car needs assembly, partial trade possible. Matt Jones, 713.849.2400. TX Sell your Alfa Romeo here for just $15. E-mail your ad to ortdir@sportscarmarketcom. 65 + Cars In Inventory Buying. Trading and Consigning American Classics, Eurosports, Rolls! Bentley and Collection Liquidations. Always Buying. Web: Vintagemotorssarasota.com 0.2 611k___ 1957 Jaguar Xkl4ONIC Frame-off restoration latching numbers S65,000 1962 Jaguar SI E-Type Roadster Opal Burgundy/Bisquit Stunning nut & bolt ICS toration `,M,500 1956 Aston Martin DB 2/4 MKII Drophead Olde English White/Red/Black canvas top restored S99,500 19b6 laguar E-Type Roadster Red new black leather interior / top Motor Numbers match 536,300 1996 Ferrari 355 Spyder Red/Tan 32K miles 30K Miles service performed S89.000 Tempero is proud to create hand-crafted reproductions of many of the world's most famous sports and racing cars. Our cars are based on the manufacturer's original designs, and are built to each customer's individual specifications. They have been upgraded to reflect modern requirements of safety and performance. Each car is lovingly and skillfully constructed from sheet aluminum using the time-honored methods employed by reputable coach building companies. Classics start at $130,000. 3 XKSS In Production Temper() has also custom-built these 1950-1960 racing classics: C Type Short Nose D-Type Lightweight E-Type XJ13 Lister Costin VINTAGE MOTORS ' EXCLUSIVE FACTORY AGENT OF • c.-=4,fartQl-wf,),  ,VIMILDE as iI y=1-03 •-• ROAI STAR 70 FINISH Long Nose D • * DAILY Eli ar M 0 1' 0 P or  A  Vinicqe e rA INC Largest online parts and accessories catalog with factory part numbers, images, parts diagrams, and online ordering! "Original parts and hard to find NOS. "Rebuilds, sheet metal, restoration and aftermarket parts. "High performance components. "Full line of Alfa Romeo factory gifts, accessories and collectables. "Prompt worldwide delivery. From Giulietta to 164, factory authorized Alfa Romeo parts provider, over 30 years of exclusive Alfa Romeo experience. 800 890 ALFA (2532) 510 525 9435 www.alfapartscatalog.com 2836 N Tamiami Trail. Sarasota, FL 34234. USA Phone: 941-355-6500 Fax: 941-359-0810 salesra ternperocars.com Web: Vintagemotorssarasota.com www.alfapartscatalog.com

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tceterini  nen s ro I e 1978 Maserati Khamsin Khamsins don't appear at auction frequently. With less than 300 said to remain out of production of only around 430 cars, it is a legitimately rare bird, though its taste is still too gamey for most collectors Bumpers aren't the only problem with US. Khamsins, as federally mandated and Italian-designed emission equipment strangled the venerable and reliable Maserati DOHC V8. European models made a respectable 320 hp and a stump-pulling 354 lb-fl of torque, good for that six-second 0-60 time and 168 mph top speed. But period testing of Federalized Khamsins show 0-60 taking more than seven seconds and top speed only 140 mph. Be patient and find a legally imported European model with the manual transmission, though if you must buy a US. version make sure it 's been subject to proper engine tuning to recover the lost power, hopefully including the Euro exhaust headers. The Khamsin is attractive, as Gandini's design has many attentiongrabbing features. A distinctive asymmetric louvered hood grille was revised for later cars, with the vents lengthened across the rest of the hood to help address cooling issues. An almost horizontal hatchback gives great luggage access, and the aforementioned rear glass panel makes backing up easier than in any other exotic. While advertised as a 2+2, the bolt-upright rear seats are only for small children, medium-sized dogs, or very short trips. These Maseratis are not without their Citroen influence, which included an infamous hydraulically power-assisted, speed-sensitive steering. While it makes for a light feel, it also possesses an amazing alacrity to self-center The brakes are also hydraulically assisted, powered by a 2,500-psi, engine-driven pump, making them sensitive to pressure rather than pedal travel. Chassis number: AM120-387 Engine number: AM120-387 T his elegant 2+2 coupe was first shown at Turin in 1972, the work of one of Bertone's more talented young designers, Marcello Gandini. The Ithamsin was to be Maserati's answer to the Ferrari Daytona, yet because Maserati was in the midst of its "Citroen era," production of the new model didn't start until 1974, when the Daytona was being phased out. Pop stars and celebrities have long enjoyed the allure of fast cars and this rare, right-hand-drive Khamsin was purchased new by musican Mike Oldfield of "Tubular Bells" fame. The vendor acquired this immaculately-presented Khamsin from its second owner in 1989 and during his ownership it has been seldom used. Its condition is excellent and it has received a thorough mechanical check over. The SCM analysis: This car sold for a market-correct $29,430, including buyer 's premium, at the Christie 's auction held in London, England, on June 16, 2003. Using Maserati's proven and powerful V8, this front-engine stunner was capable of 0-60 times in the low six-second range and achieved speeds of 168 mph. Note that this Maserati's `provenance" of having once belonged to the man credited with inventing "New Age" music was apparently worth little. The car's good condition, resale red color, and relatively low 25,777 miles likely had more to do with this Khamsin's desirability than any of Oldfield's four recordings of "Tubular Bells." That there were two interested parties bidding certainly didn't hurt the price, which falls right at the top of the SCM Price Guide range of $18,500-$30,000. Devotees dubbed the Khamsin "the last great Maserati grand tourer" and many hailed it a true supercar, though this claim is somewhat suspect, especially for US.-spec cars. Detractors just consider this Maser an odd duck, of little interest to collectors. That it came about during the period of Citroen ownership—and the beginning of the gas crunch—certainly hasn't helped its reputation. Neither has the US. version of the Khamsin, imported in 1977. It had the worst bumper conversions imaginable, with the taillights moved from their distinctive vertical glass rear panel, ugly black protuberances fitted in place of the svelte original bumpers, and the exhaust outlets modified. Most US. cars have been "unconverted" with a Euro kit, which moves the taillights back into the glass panel and relocates the exhaust outlets. The conversion kits run approximately $3,000. 38  Before buying any Khamsin, make sure that the high-pressure accumulator spheres have been recharged within the last 10 years, and that the system has always used the recommended LHM, a low-viscosity mineral oil that's entirely incompatible with regular brake fluid. Though inexpensive to maintain, a complete rebuild of the hydraulic systems can run into the thousands of dollars. An inspection of a Khamsin should also include a compression and cylinder leak-down test, as Maserati V8s subjected to storage are known for developing stuck (and subsequently broken) piston rings. As with any exotic, a mechanic within 100 miles who knows, understands, loves, and will work on the car is invaluable. Otherwise, a Khamsin can easily become just a beautiful and nearly worthless piece of static garage art. The market for '60s and '70s-vintage Maseratis is far from strong, meaning that sometimes no-reserve cars can fall through the cracks, selling for well under market value. But even paying full price for it, the buyer of this car should consider himself somewhat charmed to have found a nice example of one of just 71 Khamsins built for driving on the wrong side of the road. Like many cars that trade on the fringes of the collector market, Khamsins don't appear at auction frequently. With less than 300 said to remain out of production of only around 430 cars, it is a legitimately rare bird, though its taste is still too gamey for most collectors, who tend to prefer Ghiblis, Boras and Mistrals.—John Apen (Background information courtesy of the auction company)• Years produced: 1974-82 Number produced: approx. 430 Original list price: $33,500 in 1976 SCM Price Guide: $18,500-$30,000 Tune-up/major service: $1,250+ Distributor cap: $25 Chassis #: plate on left hand wheel well in engine compartment Engine #: same as chassis, on above plate Club: Maserati Club International, 1620 Industry Drive, Suite F, Auburn, WA 98001 Web site: www.maseratinet.com Alternatives: 1971-72 Ferrari 365 GTC/4, 1967-73 Maserati Ghibli SCM Investment Grade: C 1975 Maserati Khamsin Lot #41, S/N AM120US1096 Condition: 3Sold at $18,700 RM; Monterey, CA; 8/16/2002 SCM ID# 28787 1977 Maserati Khamsin Lot #347,5/N AM120282 Condition: 2+ Not Sold at $23,874 Bonhams ; Fontvielle, France ; 5/18/2002 SCM ID# 28411 Sports Car Market

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CITROEN 53 2CV, 22K miles, extensive rebuild, blueprinted 602 engine w/disc brakes, 5 new Michelins, maroon/black, strong/ reliable. burt@lotustours.com. $8,500. Partial delivery possible. Burt Richmond, 312.951.0031. IL 73 SM, Florida car, 5-speed, 47K original miles, automatic, a/c, excellent hydraulics, Maserati engine, perfect paint and body, needs nothing. $18,900. 716.992.9928, 716.574.0938. NY DATSUN 71 240Z, California car, 100% original, never restored, one owner, mint. $11,900. 248.645.0065. MI 78 280Z, blue with black interior, second owner, 5-speed, 6-cylinder, garage kept, new clutch, exhaust, tune up, repainted original color, undercoated, approximate 79,000 mi. $8,700. 908.725.6788. NJ 82 280ZX, 2+2, 60,000 miles, fabulous show car, dark metallic chocolate, fabulous light tan leather, all options, one of the best available. $9,900. 716.662.0860, 716.807.6483, 716.861.0054. NY DELOREAN 81 DeLorean, stainless/black leather, V6, auto, pb, pw, ice cold a/c, looks and drives great, no blemishes. $14,900, consider trade. 805.682.5288. CA DETOMASO 82 Longchamp GTS, ivory exterior, ivory leather interior, ivory wheels, factory flares, 10" rear wheels, high speed touring coupe, built on Maserati Kyalami platform, car Etceterini & Friends Classifieds ALL CLASSIFIEDS INCLUDE INTERNET POSTING! ONLY $15. See page 90 for details. equipped with V8 Ford motor with C6 automatic transmission, these cars are beautiful and extremely fast, restored. $35,000. 404.386.0010. GA FIAT 59 Bianchina Sport, fresh professional restoration, less than 100 miles, vehicle has 58,000 miles, matching numbers, black interior, Viper red exterior. $14,500. Bill, 928.443.9004. AZ 67 Fiat Dino Spider, #135AS000449, 1,163 built, rare Ferrari-Fiat. Ferrari quad-cam V6, Pininfarina coachwork, Cromodora wheels, 131 mph, maintained by same Ferrari specialist since 1969. marco.pasariella@verizon.net . $27,500. 212.566.2352. NY 69 124 sport coupe, just out of 30 year storage, completely rebuilt, excellent condition, all original. $9,500 obo. Mike, 301,986,0003. MD 78 X19, 63,000 miles, super rust-free condition, a/c, runs excellent. $3,900. 412.766.6690. PA 79 Spider 2000cc convertible, original paint, solid body, original window sticker/ manual, runs and drives great, much new mechanical, all new seals, no leaks, Pirellis, Ansa exhaust. $7,800 obo. 440.477.4586. OH ITALIA 72 roadster, red/tan, very clean, mechanically excellent with rebuilt suspension, uLA PRAISAI Monthly Mystery Photo Response Deadline February 25, 2004 1 ( tOi ..' k  .  ,A4  ee,  • ... Be the author of the most accurate, creative or provocative response and receive a sure-to-be-collectible-someday 1/18-scale collector car model courtesy of USAppraisal. Ties will be arbitrarily and capriciously decided. Our Photo, Your Caption e-mail: Fax your response to 503.253.2234. mysteryphoto®sportscannarket.com ; snailmail: Mystery, P.O. Box 16130, Portland OR 97292 Send us your mystery photo! If we use it, you'll get an official "SCM Fright Pig Inspector" cap. Use contact info above; email photos at 300 dpi in JPEG format. r —  _ co  rebuilt 351, lower ratio rear axle, 4-speed manual transmission. Outstanding in every way. $47,900. wwvv.continentalautosports.com, 630.655.3535. LANCIA 57 Aurelia B2OS coupe, 57 by title, but early fourth Series by VIN, so 54 or 55, Nardi equipped: dash, wheel, carbs, floor shift, 18 year owner, excellent older restoration. $35,000 obo, delivery possible. Jack, 800.886.2701. MO LAMBORGHINI 89 Anniversary, red/tan with red piping, Euro bumper, rear wing, 5,000 miles. $89,000. 440.460.0161. OH MASERATI 64 90% complete and original, partially disassembled for restoration, engine professionally rebuilt w/Weber carbs, never installed, excellent body and chassis, many new parts, moving must sell. rmorris@ccidigital.com. $8,500 obo. Evenings, 818.707.6928. CA 66 Sebring II, 3.7, 5-speed, a/c, good solid car, has been sitting since the 1970s, car is complete and unmolested. $20,000. 800.251.2113. IA 69 Ghibli Spyder, red/tan with tan convertible top, low mileage conversion from coupe, sin 1838, belonged to Hollywood lawyer Tristran Buckley. $47,500. 770.939.7818. GA 72 Ghibli SS coupe, numbers matching, 25,000 original, California car, 5-speed, black, tan, rust-free body and chassis, all mechanicals in perfect condition, owned for 14 years, good original interior, fair paint, perfect chrome, maintained with no expense spared, engine, trans, suspension, brakes, electrical, all updated and perfect $40,000 obo. Mr. Harris, 800.836.0881 ext 223. NY 84 Biturbo, fine condition, no rust, always garaged, maintained by expert, engine rebuilt 30,000 with all upgrades, now 67,000 mi, new Turbos, MSD ignition system. Konis and Kunftio Z rubber, cat removed, free-flow installed, upgrades include electrical/fuse box, carburetion modified with MW-tested jet/Venturi kit, inter-coolers installed, everything works including a/c, removable faceplate radio and in-dash, under-bumper radar detector, this is a very fast car. 914.381.4233. NY PANTERA 73, one owner, 4,700 miles, all original, yellow, black, perfect. $50,000 obo. 630.717.9195. IL 74 L, original, stock, no rust, 28,000 miles, green, in heated space. $32,000 obo. 847.299.4610. IL RENAULT 55 4CV, semi-restored, nice, extras, transportation available. $4,500. 817.431.9205. TX 59 Dauphine four-door, original excellent interior, mostly original black paint, new original type tires, as parked 1972. $1,900. 816.931.3674. Mo. There's an automotive consultant specializing in Experienced Partner. Services Include: Appraisal Pre-Purchase Inspection Advisory Expert Witness Vehicle Location and Consignment Restoration and Collection Management On-Site Auction Counsel • Certified Appraiser 14AA - - International Automotive Appraiser Association • Certified Master Technician ASE - - National Institute kw Automotive Service Excellenc • Achisory Board Member - NADA Classic and Collectible Appraisal Guides • Auction Analyst/Reporter and Contributor - Sports Car Market Magazine • Society of Automotive Engineers • Society of Automotive Fhstatians FEACbERMAN CO Gladwyne, Pennsylvania www.FeathermanCo.com Free Initial Consultation 610.645.5595 expen nok, Scott is an invaluable partner for those seeking an indepen ent, qualified and objective opinion. calf: ith over twenty years of hands-on professional no Substitute for an March 2004 39

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1988 Porsche 911 Turbo Cabriolet A Turbo Cabriolet is almost a poseur among hard-core Porsche folk, a car to be seen in rather than a car to drive fast in Guide—sound the beginning of the end for the up-to-$35,000 values that most Turbo Cabriolets are good for? Not exactly. Turbo Cabs are rare, at least in part because Porsche didn't seem much interested in building them. The first ones were launched over a decade after the Turbo Coupe. The official explanation was always that the open cars—Targas included—were simply not stiff enough to accept the extra loads of the wider track and fatter wheels, the heavier weight, and of course, the extra power One of the biggest reasons for the 911 's long-term appeal is the great pleasure derived from using the car as much as possible, in good weather and bad That's the first caveat with any open 911: A car just for sunny days cheats the owner out of so much potential driving pleasure. Oh sure, you can drive with the top up, but why pay extra and hardly use the feature that commands the premium? Chassis number: 93 J502 0214 n series production from 1975, the 911 Turbo married a KKK turbocharger to the 3.0-liter engine, a combination that delivered a stunning 260 hp and a top speed of 153 mph in road trim. The Turbo's characteristic flared wheel arches and "tea tray" rear spoiler, introduced on the RSR models, were matched with an exceptionally luxurious Porsche interior. The engine was enlarged to 3.3 liters in 1978 and gained an intercooler in the process. Horsepower rose to 300 and top speed was 160 mph for the fastest road car of its day. I Porsche's 1965 911 was initially designed to be a cabriolet as well as a coupe, but at the time, pending U.S. legislation forced the Targa to be a "halfway house" between a full convertible and a closed coupe. By 1981 a revival of the 911 product line was underway, under the direction of Peter Schutz, Porsche's German-speaking American president. He wanted a way to broaden the appeal of the 911 without spending vast sums of money and his answer was to dust off the plans for a fully open 911. Introduced to wide acclaim in 1982, the first production Cabriolets hit the market in late 1983 but it wasn't until 1987 that the first factory Turbo Cabriolets became available. While not as rigid as the Coupe, the Cabriolet lost little in chassis rigidity compared with the Targa, due to its unique stiffening pieces. The top, which was fast and easy to manipulate, featured a zip-out plastic rear window similar to the one found in the last convertible Porsche, the 1962-65 356 B and C T-6. This example has covered approximately 81,000 kilometers from new. A left-hand-drive model, it has the later, wider Speedline wheels from the special 3.6-liter cars. The body is refinished in Guards Red, complemented by a black leather interior and completed by a tonneau cover. This ultimate 911 is described by the vendor as being in very good condition. The SCM analysis: This flared wundercar sold for the bargain price of $24,922 at Bonham 's Goodwood auction on July II, 2003. The Turbo Cab is something of an enigma, making the market for these cars rather thin, although prices here in the US. have stayed strong for correct, ultra-clean, no-stories, original-paint cars. So does this sale price—a good bit below the $28,000 lower range of our SCM Price Around the globe, no one gets more use from convertibles than Americans, mostly those residing in sunny western and southern states. This has helped keep the Turbo Cab market here in the US. relatively strong. Still, open cars are usually bought as toys and, more often than not, owners tire of them after a while and move on. All 911s also have a serious side—none more so than the Turbo models. Chassis flex is the enemy of stable high-speed handling, and the Turbo needs every bit of stability it can find. The factory finally found a way to adapt the Turbo package to the open body, but most serious Porsche drivers still prefer coupes. This has made the Turbo Cabriolet almost a poseur among hard-core Porsche folk, a car to be seen in rather than a car to drive fast in. From its chassis number we can see that the car pictured here was indeed both an original Turbo (by the 930 in the number; the first two digits, "93," and the fifth digit, "0'). and an original Cabriolet (by the sixth digit, "2," for Cabriolet). Several factors contributed to its low price. First, the auction took place in Europe, where the taste for Cabriolets of all types is far lower than in the US. Second, the 50,000 miles, not at all heavy-duty use for a Porsche, is well out of the range of "around the block" miles that high-dollar buyers seem to look for Third, the wheels are wrong, and while this isn't hard to correct, people pay the most for Porsches the way the factory delivered them. And finally, the car has been repainted, which always hurts the value. Years Produced: 1987-89 Number Produced: 2,002 Original List Price: approx. $60,000 SCM Price Guide: $28,000-$35,000 Tune-up/major service: $1,000 including valve adjustment Distributor cop: $50 Chassis #: alloy tag under front hood Engine #: on passenger side of alloy casting just aft of fan support Club: Porsche Club of America, P.O. Box 5900, Springfield, VA 22150 Web site: www.pca.org Alternatives: 1983-88 Ferrari Mondial Cabriolet, 1986-88 Mercedes 560SL SCM Investment Grade: C COMPS 1987 Porsche 911 Turbo Cabriolet Lot #792, S/N WPOEB0913HS172213 Condition: 3- Not sold at $26,100 eBay/Kruse; Scottsdale, Al; 1/12/2002 SCM ID# 24552 That all of these lesser issues conspired to drive down the price of this particular car made it a good buy, assuming the maintenance records are up to date. When the new owner was reached on his cell phone so that we could confirm the serial number of his car, he was driving it, and reported that it was running very well with no surprises or disappointments.—Jim Schrager (Background information courtesy of the auction company) • 1987 Porsche 930 Turbo Coupe Lot #418,5/N WP0TB09300505414 Condition: 3+ Sold at $36,570 RM; Novi, MI; 11/15/2002 SCM ID# 29382 Sports Car Market

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ORDER YOUR COPY TODAY! Keith Martin on Collecting Porsche, the first in a series from Motor Books International. What SCM'er Jerry Seinfeld has to say about the book: "Why anyone, other than me, would be interested in this amount of Porsche drivel I can't imagine! I, of course, read each word as if it were heart attack nitroglycerine tablet instructions." --..■ 111111.111.11111111111M PRINTED IN LIMITED QUANTITY Fcar tiring Jim Schrager and the cditors of CAR Order Your Copy of Keith Martin on Collecting Porsche Today! BONUS: CD with over 200 high-res photos of collectible Porsches included with every order through SCM! NOT INCLUDED IF PURCHASED ELSEWHERE. The best of SCM on Porsche from the past decade. Foreword by Hurley Haywood. Profiles, market reports, 356/911 Q&A, more. 112 pages, full color. Just $19.95 for book and CD, plus $5 S&H (US, Canada & Mexico), all other foreign, $7 S&H. To order, call 24/7, toll-free 800.289.2819 (outside US 503.243.1281), fax 503.253.2234, or order online at www.sportscarmarket.com .

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FPNITIRRIMNIIMIMIN You Expect Me To Drive Home Without A Steering Wheel? ear Mr. Schrager: 1 have located a pretty Ruby Red 1962 B Cabriolet. I have driven the can I like it, and the price falls neatly into your price guide range of $30,000 to $40,000 for a nice #2 condition car But the seller has thrown me a curve ball: He insists on keeping the steering wheel! It is a Nardi wood-rimmed wheel 'from the period" that he wants for his next 356. So to buy this car, I must provide my own steering wheel, whether wood, plastic or otherwise. Will this be hard to find? Should I buy a wood wheel or the stock plastic one? I see Nardi wood wheels for sale, brand new, for maybe $400 complete. Why is this old wheel such a big deal and what should I budget for a new wheel?—JD, Los Osos, CA D is a rare and highly prized accessory for the 356. This is true even though most Porsche historians agree that they were not factory-installed. While brand new Nardi wood wheels can be bought at reasonable prices, say $300 to $400, these new wheels are in no way the same as a Nardi from the 1960s. An original "vintage" Nardi wood wheel tage wheels and have fatter rims than the thin, elegant designs of the 1960s. Modern Nardis are made only up to diameter of 390 mm (about 15-1/2 inches), while the stock 356 B/C wheel and the vintage Nardi are 420 mm (about 16-1/4 inches). This may not seem like a lot, but when the wheel is in your hand, you can immediately feel the difference. Apparently, the firm's current machinery cannot build the larger wheels. This makes the rather rare, period Nardi worth about $2,000, and explains why your seller wants to hold onto it. The new (or "modern") Nardis are smaller in diameter than the vin- used on the B/C four-cam cars. This nine-piece, segmented wood rim can sell for as much as $4,000 when complete with chrome horn ring and mint original Porsche crest horn button. As an aside, while you don't say anything about how you intend to use your car, be aware that some vintage race organizations have outlawed wood wheels of any kind, as they fear they might splinter in a crash. The good news is that you have a wide variety of wheels to pick from to drive your new toy home, costing as little as $300 or as much as a really ratty 911, about $4,000. A good used, stock B/C original equipment wheel in black plastic will cost about $300-$400. If you don't mind the smaller diameters of the new Nardis, one of these will bolt right on and cost about the same amount. You can also buy any number of replica wood wheels available from specialist suppliers, starting at about $500 and going up to over $1,000. If you opt for a vintage wood wheel, prices start at about $1,000 and move into the clouds from there. The top of the steering wheel heap is a rare Carrera VDM wheel, as Dear Mr. Schrager: I have a perfectly lovely 1969 911E that runs very well. Having driven a number of early 911 cars, this one seems special. It just has gobs of smooth power and easily revs to redline. The car is rust-free, straight and a joy to own and drive. In my first summer, I have enjoyed over 5,000 trouble-free miles. The rare Carrera VDM steering wheel can cost more than a beater 911. The car is painted Metallic Silver, however it was originally Bahama Yellow (non-metallic yellow-gold). The silver paint is very good and since my car is a 1969, the front trunk and engine bay areas are painted black while the rest of the jambs were correctly changed to silver I love this car, and paid $12,500 for it after looking at many old Porsches and walking away from several. But should I change the color? I am happy with Metallic Silver, but it just hurts me a bit that the car came from Stuttgart painted dif ferently. It isn't right, is it? There are other things I'd like to spend my money on if you feel a color change is not the right way to go.—BW, Big Sky, MT You have what sounds like a wonderful car, so my advice is to just drive it and enjoy it. Since the paint was done well and is in a factory color, correct for the year, you shouldn't worry about the change. Just from looking, no one can tell the car is "wrong," and since it's straight and clean and goes like stink, I'd try to ignore the factory build record. Also, the 1969 E is starting to get noticed by collectors. It has already begun its movement from the bottom of the value scale and I predict these cars will do well in the coming years. However, I wouldn't expect dramatic appreciation, as over 2,000 E Coupes were built in 1969 alone, and larger displacement E's continued for four additional years. While an E isn't exotic enough to be the next 550 Spyder or 904, it will move with the market and should not depreciate. A very nice car was worth about $11,000 two years ago, while today it will cost you about $14,000, and in another two years I expect you'll have to spend $16,000 for one. Partly, that's a function of the survival rate of these cars not being particularly high, as their formerly rock-bottom values simply didn't support any kind of major restoration. Consequently, as more enthusiasts "discover" them, the good ones that are left are beginning to command a premium. But even with this current and projected future rise in values, given what you have already spent on the car, at resale time it is unlikely you could recover the cost of a first class color-changing paint job, as this would run about $7,000. On the other hand, if this is the 911 you plan to keep for twenty years, then you should do whatever you want, resale value be damned.• Sought-after Carrera VDM wheel.  42  Fat-rim modern Nardi wheel.  Thin-rim original Nardi wheel. Sports Car Market

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BMW 81 7451, sapphire blue, restored by Bavarian Restorations, auto, air, ground effects, CD, new tires, absolutely immaculate, pictures available. $5,500. Andy, 423.867.4442. TN 86 635 CSI, rare beast, car enthusiast's dream, five-speed manual, ps, pb, seats, sunroof, with a little TLC this 635 CSi will continue to grow in value, affordable collectable, please compare, serious inquiries only. pjonhsto@cswnet.com . $5,800. 501.758.4324. AR MERCEDES-BENZ 56 190SL, rare signal red with brown interior, restoration includes entire drivetrain, early production featuring original Gullwing seats, 300SL lights and tools, 2,000 miles since complete restoration, appraised at $44,000, entertaining reasonable offers, negotiable. 813.240.9347. FL 59 190SL, silver with blue leather interior, new blue soft top, books and tools, runs and looks excellent, needs nothing to enjoy. $22,900. 231.882.0426. MI 63 220SEb convertible, complete car with Kuhlmeister a/c, needs cosmetics. $15,000. 410.935.1067. MD 66 230SL, white, red interior, four-speed, two tops, new soft, one owner, mint. $16,500. 201.567.7326. NJ 66 230SL, red, black interior, four-speed, both tops, European version, unrestored with new paint and carpet. $24,000. Days, 704.932.6007. NC 68 280SL, four-speed manual, two tops, white over blue leather, excellent condition, needs nothing to enjoy. $19,750. 231.882.0426. MI dercoating, 1 repaint and original interior. ALL CLASSIFIEDS INCLUDE INTERNET POSTING! Jim, 860.633.8270. CT ONLY $15. See page 90 for details. 69 280SE coupe, dark green, cognac leather, factory a/c, automatic on floor, one owner, rare and classy. $14,500. 201.567.7326. NJ 69 208SL, European model in excellent condition, four-speed, dark green, cognac M-B tex interior, hardtop only, rust-free older restoration. $17,500. Days 972.724.6201, nights 940.241.2288. TX 69 300SEL, the big 6.3 engine restored mechanically and ready to drive anywhere, not show quality but very handsome, tremendous fun and speed for very little cost. dan@murphyautomuseum.com . 805.654.0731. CA this gorgeous car has a fuel injected 4.5L V8, a/c, ps, disc brakes and more, cream exterior, coffee brown interior, wonderful car, very powerful. skippthedad@hotrnail.com . $16,500. 908.496.4867. NJ MESSERSCHMM 60 Tiger 500 roadster, 20 hp vertical twin 2-stroke, 4-speed plus reverse selective transaxle. silver/red, fast, rare and totally restored. $49,000 ono, call for complete information. Tim Matthews, 626.578.1587. CA PORSCHE $7,500. 70 3.5 coupe, silver/navy, runs great, OK paint, drives well, needs TLC, sunroof, SL a/c, pw, decent car. $12,000 obo. Ray, 214.695.3703. TX 70 280SL roadster, superb restoration of excellent original no rust California car, two owners, first owner to 1997, silver, red interior, black soft top, silver hardtop, complete and correct, rare rear auxiliary seat, Alpine stereo and original radio, tools, books, service records, receipts, drives beautifully, everything works, much nicer than new. $39,500, trades considered. 719.633.4767. CO 72 280SEL, 4.5, 150K, excellent, rust, rotfree body, silver, black interior, all accessories work except a/c, runs very well, new tires, chrome/stainless perfect. $6,250 obo. 401.353.2494, pager 401.332.0874. RI 72 350SL, one year only production model, 60 356B hardtop, white with red interior, 60,000 original miles, ground-up restoration, sacrifice. 201.784.0030. NJ $14,000. Jerry, 61 356 Super notchback, only 1,700 produced, very rare, yellow, restored with 1,000 miles since complete, needs nothing, runs and drives great, offered by private collector. $14,000 obo. Mike, 504.737.0980. LA 61 356 Super 90, sunroof, rare car with less than 1,000 tin on engine and transmission, new leather interior, red, white repaint, tires, radio, etc, needs nothing, private owner. $29,000 obo. Mike, 504.737.0980. LA 64 356C, very nice restoration, one owner since 1982, green with tan leather, this car runs great and needs nothing. $22,000. 281.599.1212. TX 64 356SC coupe, white with red leather, 42,000 km, solid original pan with no un- 65 356C Irish green, black, excellent. sunroof, radio, clock. David Grant, 661.254.6188, fax 661.257.3875. CA 70 911S, original matching numbers, leather, air, posi, tensioner upgrade, s/s heat exchangers, Euro metric, rebuilt scylla66@yahoo.com. 860.364.0440. CT 71 911T slanMose wide body, Turbo look. California car, Guards red/black interior like new, no rust, rebuilt carburetors, factory tinted glass, rare nice Survivor, an eyecatcher, sin 911121913. $11,600 firm. 763.862.8382. MN 72 911 Targa whaletail, excellent condition, new top, 52,000 original miles, guards red. $8,500. 603.756.3155. NH 73 911T Targa, yellow with original beautiful black interior, 5-speed, rare hard and soft tops, original Fuchs, new Pirellis. great condition, garaged, moving. $8,500. 631.491.3998. NY 74 914, 2L G motor, Zambizie green. interior a seven, almost rust-free, a solid driver and would make an excellent car for easy restoration. tethmkr@aol.com $3,300. 970.945.4142. CO 75 911S coupe, white, black, five-speed, a/c, sunroof, alloys, CD, original California car, restored five years ago, excellent condition, no rust. $12,500 obo. Tom, 626.374.5484. CA 79 930 Turbo, fresh motor, transmission, red with tan interior, very fast. $22,000. 405.382.3522. OK• $15,900. 1145 Park Avenue Emeryville, California USA 94608 Phone: (510) 653-7555 • Fax: (510) 653-9754 www.fantasyjunction.com aoretadt-/ P4aeloa /avedtateate 4 dizezied iatelezt, eicidac curd 44 Artjorotaace am MOM MoR Vok ..1.10 mammas INIIIMNIM ■11111111111MIN 1969 Lola T-162 CanAin. sin 14. Ex-Bob Dini. Verlect and correct restoration. Mechanicals by Phil Denney, cosmetics by Auto Europa, Crowther injected 427 Chevy, Drinkwater tub. Zero miles. Last offered at $245,000, now being sold by trustee of the court (i rein car and value. $145,000 956 Mercedes-Benz 300 SL Gullwing Super nice car 1954 Jaguar X11-120 SE Drophead. 3-owner California car 1930 Bugatti Type 44 Tourer, • that drives and preseMs veiy well. Well cared or by one owner  since the 1970's, Recent pint and much of the interior is  Engine prepared to high M spec with 2" sand cast SD's. Excellent three liter straight eight engined Swiss bodied four seater mils great original. Belly pars and original knock-offs. $260000.  showing 41,000 miles, believed correct. original red leather interior  wood and door fit. Manual and tools. $59,500.  March 2004  practical and its able of the classic simtl , cam Bugattis ill is (11:11114ng and is ready to go anywhere. $ 160,000. 43

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American Car Profile 1967 Chevrolet Corvette L71 Corvettes are among the most well-documented collector cars on the planet, so there's no excuse for not knowing exactly what you're buying came from the factory with the raised hood—without numbers—because production problems made standard hoods unavailable for several days. But no big block was ever shipped with the standard hood 2. All 427s have a copper radiator with oversize core, while the smallblock radiator is aluminum. 3. The tachometer on the L71 and L88 engine packages redlines at 6,500 rpm. On other engine packages it's 6,000 rpm. If you're shopping for an L71 Corvette as an investment, make sure the numbers match. Not only should you request complete documentation from the seller; but have the car thoroughly inspected by a true marque expert. Corvettes are among the most well-documented collector cars on the planet, so there's no excuse for not knowing exactly what you're buying. Chassis number: 1943 77S111668 Engine number: T0116ETIZ136208 ong considered a modern classic, the Sting Ray's aggressive lines and sleek profile were perfectly suited to its role as GM's image leader. In the late 1960s, the big block Corvette was the king of the road. Although expensive, with a sticker price of over $5,000 as equipped here, the Corvette was still the car one purchased to go fast, especially when optioned with one of the thundering 427-cid engines. This particular car has benefited from a full, professional restoration by Carosserie Lecoq in Paris, France. The seller reports that this Corvette was restored to its correct 427 specifications, and includes a four-speed manual transmission, wood steering wheel, tinted glass, aluminum wheels, AM/FM radio and side-mounted exhaust. L It has been reported that a replacement block was used during the restoration. The paintwork is the correct and original Corvette color of Goodwood Green, and is highlighted with a black stinger and interior. The 1967 model remains as perhaps the most collectible Corvette of its period. Their performance was unmatched, especially when coupled with the 435-hp option featured here. The SCM analysis: This car sold for $56,101, including buyer's premium, at the RM Meadow Brook auction, August 2, 2003. Many enthusiasts consider the 1967 model to be the quintessential Corvette, and its svelte and distinctive styling makes it instantly recognizable. Over the years, it has become one of the most desirable Corvettes ever built. This was the fifth and final year of the Sting Ray body style, and by this time a number of production improvements had made it the bestbuilt Corvette of the era. The design was so popular that Chevy suffered a backlash when the C3 model, with its overwrought appearance, was introduced in 1968, making the '67s even more highly desired. The L71 package was installed on 3,754 Corvettes in 1967. It included a 427-cid engine making 435 hp, a heavy-duty, four-speed M22 manual transmission, and a similarly robust suspension upgrade. This package meant you couldn't order A/C or an automatic transmission on your 'Vette, but any other optional equipment was fair game. L71 cars are considered the best of the best—fast and powerful sports cars worthy of the track, yet still streetable. Unfortunately, the popularity of the L71 package has brought out the dark side of the enthusiast world: 1967 Corvettes of all kinds are regularly modified and sold as L71 originals. And while there's nothing wrong with buying a '67 'Vette with a big-block transplant, you shouldn't pay real L71 money for it. Tips for spotting a fakey-doo L71: 1. All big-block Corvettes have a raised hood scoop with "427" on each side of the scoop. A very small number of small-block 1967 Corvettes In addition to the standard inspections you should do, there are a few areas specific to the Sting Ray: 1. Frame. Check the frame carefully for damage or corrosion. Pulling and reinstalling the body to replace the frame will cost about $10,000. 2. Brakes. The 1967 Corvette is prone to leaky brakes, as were many GM cars of the period Accumulation of moisture in the brake fluid can cause corrosion and leaks in the steel and cast-iron hard parts. The leaks generally appear on the caliper brake seals first, but the entire brake system should be carefully inspected Replacement parts run from $600 to $1,000. A complete annual flushing of the braking system will go a long way towards preventing this problem. 3. Headlights. Electrical and mechanical problems can strike the distinctive flip-up headlights. When testing, both should open and close smoothly and to the same angle. Headlight repairs can run as high as $500 per side. 4. Aftermarket equipment. A Hurst shifter is a common "option" found on Sting Rays, but no 1967 Corvette came with one as original equipment. Flared fenders, modified grills, custom taillights, and other exterior changes personalize a car and can improve its performance, but they hurt collector value. Sadly, many 'Vettes have been modified by those with more enthusiasm than skill; stock is best. Prices for authentic L71 Corvettes can range from $30,000 for a rough car needing extensive work to $100,000 or more for a fully restored, numbers-correct car The car pictured here looks to be a fun driver However, a question that cannot be answered without a first-hand examination is just how accurate this restoration was. Carosserie Lecoq has a reputation for doing good work, but perhaps not to the standards of American Corvette fanatics. After all, having a Corvette restored in France is sort of like having a Citroen restored by an American performance shop. Even though this is an original L71, the replacement engine hurts its value. Yes, it's worth more than a small-block car cloned into a big block, but we should consider this car fully priced at $56,101. —Mike Yager Year produced: 1967 Number produced: 3,754 with the L71 option Original list price: Base coupe price: $4,388.75 ; Base convertible price: $4,240.75. L71 option: $437.10, plus required Transistor Ignition System: $73.75 SCM Price Guide: $58,500-$86,200 Tune-up/major service: $300 Distributor cap: $12.99 Chassis #: lower, smaller numbers on pad at right front side of engine; VIN on plate riveted to body hinge pillar brace below the glove box Engine #: upper, larger numbers on pad at right front side of engine Club: National Council of Corvette Clubs, 800.245.8388 Web site: www.corvettesnccc.org Alternatives: 1967 Corvette 427 with L36 option (390 hp) or L68 option (400 hp), 1968 Shelby GT500 SCM Investment Grade: B+ 1967 Chevrolet Corvette Lot #205, S/N 1973775110975 Condition: 2 Sold at $56,438 Silver; Fountain Hills, AZ ; 1/10/2003 SCM ID# 29847 1967 Chevrolet Corvette Lot #190, S/N 1946775102362 Condition: 2 Sold at $51,911 (Background information courtesy of the auction company) • Bonhams Europe; Geneva, Switzerland ; 3/10/2003 SCM ID# 30649

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American Car Classifieds AUBURN 33 8- 105 Deluxe salon phaeton, metallic green with blue trim, unrestored original condition exterior and interior, only 51,000 miles, 100hp Lycoming Straight 268.6 cu in engine, only 13 are left in the world, price includes $1,000s in extra parts, $65,000. 760.745.6914. CA 35 851 phaeton, consistent ACD winner, cigarette cream, excellent throughout, 36K. $68,000, will ship. 614.292.4598. 01- I 36 852 cabriolet, rumble seat, 8-cylinder, dual ratio 2-speed, sidemounts with metal covers, mirrors, excellent restoration, show or drive anywhere. $78,500, trades, transportation arranged. Tom Crook, 253.941.3454. WA AVANT! 70 2- door, 350 Cu in, brown, 64,000 miles, automatic. $15,000. 518.372.0936. NY 80, all options, runs well, needs some work. $5,000. 518.853.4923. NY 87 convertible, 53,000 miles, red, tan top and interior, second owner. $24,000. 219.956.2518. IN CHEVROLET 53 Corvette roadster #120, totally restored to perfect, recent repaint inside and out. $105,000. Days 208.389.1200, eves 208.853.7448. ID 57 Corvette, Bloomington Gold 2003, Venetian red, beige coves and interior, heater, 370 positraction, 283-245 HP, 2x4 carburetors, 3-spd, courtesy lights, windshield washer, parking brake signal, #s match, ALL CLASSIFIEDS INCLUDE INTERNET POSTING! ONLY $15. See page 90 for details. frame-off restoration, Wonderbar radio. $75,000. 765.886.6065. IN 66 Chevelle, 2-door sedan, mom's car, white w/red interior, 283 engine, 2-speed Powerglide, factory a/c, 62,000 original miles. byrondena@aol.com . 405.691.2116. OK $6,000. 67 Camaro SS, 396/325 hp original motor, automatic, bolero red, unrestored, excellent condition, Protect-o-plate, original California car with build sheet, exceptional condition. rsinor@sbcglobal.net. $34,000 obo. Days 918.834.2143, eves 918.274.3682. OK 67 Impala SS 427 2-door hardtop, white, red int. TH400 auto, ps, pb, tach, gauges, #s match, Protect-o-plate, 2 owner, lifetime Denver are car, could use paint, otherwise mostly nice, original SS 427. $17,500 obo. 303-762-1509. CO 68 El Camino Custom, Tripoli turquoise, black interior, 327, 4-spd, restored #2 car, California car, VIN 3680V2171348. $12,500. 716.656.9493. NY 69 Camaro RS/SS, L78m restored to original specs including $10,000 engine rebuild and blueprint, matching numbers drivetrain, M20 4-speed, 3:55 12-bolt positraction, slick hugger orange paint with black vinyl top, deluxe black houndstooth interior, chambered exhaust, AM-FM, tilt, rear defroster, power steering and brakes. $55,000. 480.816.1525, 480.650.9517. AZ You can't trust them with just anyone. Prized Possessions. 69 Corvette convertible, 427/435, #s match, NCRS frame-off restored, documented, tank sheet, ps, ph, silver/gunmetal. $54,900. 610.695.8555. PA 70 El Camino SS, orig autumn gold metallic w/black stripes and black vinyl top, #s matching 396, auto, 100 miles on comp restoration, fact air, tach & gauges, have orig SS wheels, gorgeous car, must sell. $16,500. Days, 402.667.3285, eves 402.388.4200. NE 71 Chevelle SS, LS-5, #s matching, M-22, cowl induction, silver, black interior, all new, pb. $24,900. 217.369.0289. IL 74 Vega notchback, 27K miles, automatic, nice original car, minimal rust, excellent interior, runs and drives well. $3,850. 570.472.9708. PA DODGE 65 Coronet 500 2-door hardtop, one owner original Survivor car with window sticker, gorgeous car, factory loaded 383, Torqueflite, a/c, ps, pb, power windows, rear speaker with reverb, bumper guards front and rear, remote side mirror, tinted glass, bucket seats, console, factory tach, gauges, runs and looks as new. $25,000. 520.603.5896. AZ 67 Dart, 2-door post, LL21E7, rare, one of 36 by Govier White Book, 273 hi-po, with Commando exhaust, 4-spd, 3.23 Sure Grip 8-3/4 axle, white ext, red vinyl bench seat int w/carpet, Rally-Pac, manual front disc brakes, heavy duty springs and shocks, AM radio, remote mirror, tinted glass, rotisserie restoration on orig FL car, full documentation. $29,995. 330.73.3072. OH 69 Super Bee, fully restored beauty, 383, 4-speed, white on white, turns heads everywhere it goes, this Bee will not disappoint you, need to sell due to loss of space. jdemers@kamcoboston.com. 508.842.5170. MA 70 Charger 500, #s matching, 383, 68,000 miles, green w/black interior and top, rear stripe, 2nd owner, very original, rust-free southern car. $19,950. 319.378.4915 evenings and weekends. IA 71 Super Bee, 440 6-pack, pistol grip 4speed, air grabber hood, hideaway headlights, rear spoiler. Hemi orange, front and rear sway bars, black and orange cloth bucket seats, power disc brakes, 75% done on restoration, must sell, best offer. racegsxr750®aol.com . Dan, 312.259.1900. IL PLYMOUTH 67 GTX coupe, 426 Heard, auto w/console shift and tach, copper ext & int, 46,000 miles, no rust or accidents, all orig body panels, full owner history w/mileage documentation, comes with both orig build sheets, fender tags, Certicard, window sticker, #s matching, in Galen Govier registry, superb overall cond, rare opportunity. $100,000. 603.881.5633, 603.425.7994. NH 67 Satellite convertible, 273 automatic, rebuilt motor, front end, solid body, original panels, blue/blue. $90,000. 502.639.7593, 502.491.3459. KY 68 Roadrunner, blue, matching 383 engine, 4-speed, straight, lots of documentation. leasesix@bellsouth.net . 561.994.3300. FL $18,500. 70 AAR Cuda, 340 6-pack, auto, red exterior with correct AAR stripe, red interior, buckets, power steering, power brakes, spoilers, driving lights, numbers matching, broadcast sheet, tons of paper work, extremely correct, same owner for past 10 years, highly detailed excellent restoration. $39,900. 507.289.8640,507.208.019l. MN 70 Superbird, 440 6-pack, 4-speed, orig sheetmetal, matching #s, engine, build sheet, 30K miles, #1 highly detailed, concours correct, rotisserie restoration. 508.958.3655. MA PONTIAC $25,000. 70 Challenger TA, rust-free, rotisseried, 47,000 miles, factory original options include: sublime green, black interior, 4-spd, console, Rally dash, dual racing mirrors, fast ratio power steering, 3.91 posi, rebuilt #s matching drivetrain with receipts, mint original hood, all correct components, needs paint, interior restoration, miscellaneous. $25,000. 740.342.5342. OH No matter what your prized possessions are, our award-winning equipment provides immaculate, enclosed, door-to-door transport. We offer containerizing for overseas shipping, automobile storage, and pier service. Featuring HighwayMaster satellite tracking/communication systems. Visit our web site at www.horselesscarriage.com )1OrilliS (am% Crt= VI14.1 Unit 4 Cirrivn:,, 61 losva Avenue • Paterson, New Jersey 07503 800-631-7796 • In NJ 973-742-2692 • Fax 973-742-8369 70 Rif cony, matching numbers, restored, 383, rare factory 335 hp, slapstick, power top, red, black interior, all orig. $35,000. 714.337.3741. CA 66 GTO, red, black vinyl, # matching 389 ti-power 4-speed. Rally gauges, pdb, pa. $22,500. 845.661.2607 until 8pm EST. NY 67 GTO convertible, 400-355hp, auto, his & hers shifter, maroon w/white top, black interior, buckets and console, gauge pack, factory tach, pa, ph, power top, PHS documented, #s match engine, groundup restoration. $29,900. 507.289.8640, 507.208.0191. MN 73 Trans Am, white, white interior, bodyoff restoration, 455 automatic, #s match, PHS documentation, as new. $25,900. 248.645.0065. MI. CARSKATES MAKES A 2-CAR GARAGE INTO A 3-CAR GARAGE • Move cars, trucks, trailers in any direction • Makes storage easy • Fits all tire widths • Capacity 6,000 lbs, set of 4 • 8" x 16" x 1/4" steel platform • H.D. 3" casters • $130 set of 4 (s&h add!) • 2 sets $120 each (s&h adcf1) • Same day shipping Satisfaction or your money back! P & J PRODUCTS 988 Gordon Lane, Birmingham, M148009 Toll-Free Phone (888) 647-1879 • Fax (248) 356-1066 www.carskates.com - 7

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Race Car Pro i e 1980 Ferrari 512 BB/LM I The only concern of the Porsche 1 drivers was that they stay well clear I of the 512s. The handling of the three overweight Ferraris was as diabolical as anything that had ever I emerged from Maranello tity of spares, an excellent opportunity to acquire an important part of Ferrari racing history at a reasonable price. The SCM analj.s i.s. This car sold for $350,857, including buyer 's premium, at the Bonhams Gstaad auction, December 19, 2003. Anyone who is convinced that a purpose-built racing car carrying the prancing horse insignia, particularly a 200-mph one, must be worth at least seven figures is going to be confused here. After all, this is a 500-horsepower four-cam flat 12 with Le Mans provenance, apparently in good condition. So why did it sell for only three hundred and fifty grand? 111 There are multiple answers to this. For those of you keeping up with my earlier discussions of weapons grade vs. collector grade race cars (see the February 2004 Lola T600 profile), the 512 BB/LM is as close to a pure weapons-grade car as you'll find in a factory racing Ferrari. Let's count the strikes against high-end collectibility. The 512 BB/LM is production-based, fiberglass-bodied, too new for participation in any of the prestige events, and so long, low and wide that it's a pain to move around. Plus the car is utterly un-streetable. Whether it's pretty or not is purely personal taste, but its race history is less open to interpretation—the car had a semi-catastrophic failure nearly everywhere it ran. Agreed then—this is a car to own because you want to go play with it, not because you want to anchor a collection. Chassis: 30559 The car offered here, chassis number 30559, is the first of the 1980 512 BB/LM Series Hs and the 14th of only 29 built. Delivered to Luigi Chinetti's North American Racing Team in May 1980, it was entered by NART in the 1980 Le Mans 24 hours. An engine problem in qualifying kept it from starting, but it returned to Le Mans in 1982 where it suffered an engine failure during the third hour. The accepted model designation, 512 BB/LM left no doubt about Ferrari's intention. These cars were aimed at Le Mans and they benefited from completely new lightweight bodywork developed in Pininfarina's wind tunnel. With dramatically re-shaped and lengthened bodies, wide wheels and tires, a rear wing, and weight reduced to some 1,100 kg the 512 BB/LMs were capable of a 200 miles per hour top speed. After the 1979 season's experience and development, a series of further-developed 512 BB/LMs were built for 1980 benefiting from the hard-earned lessons of a year's competition. These "Series II" 512 BB/ LMs had 500 horsepower, further refined bodywork, and shed another 100 kg. Presented in good, original condition, the car is offered with a quan- Thus, in 1976 there were no Ferraris on the starting grid for the 24 hours of Le Mans for the first time since the Sarthe classic resumed after World War II. Several clients picked up where Ferrari left off, developing GT versions of the 365 GT4/BB. In 1977 one won its class at Le Mans, entered by Luigi Chinetti's North American Racing Team. The 365's days were numbered, however, by the introduction of the five-liter 512 BB. The Ferrari factory recognized the market for IMSA class racing cars and began to develop a race-prepared, but still largely stock version of the 512 BB through its Assistenza Clienti department. Three were delivered in 1978 but all failed to finish at Le Mans. Development took on a new urgency at Ferrari and for 1979 a series of "silhouette" 512 BBs were built. errari's opposed 12-cylinder Formula One technology worked its way into the production lineup in 1971 with the introduction of the 365 Berlinetta Boxer. A super high performance mid-engined berlinetta for Ferrari's most performance-oriented clients, production of the 365 GT4/BB began in 1974. Ferrari made no attempt, however, to develop a GT racing version of the Boxer. F Only one problem: The 512 BB/LMs just weren't very good cars. The layout has the flat 12 engine feeding power out the back through a gear stack to the transaxle, which is located directly underneath the engine. Though this makes for a wonderfully compact package, it puts a large mass high in the back of the car. This is fine if you're streaking down the autobahn, but when flicking the car into a fast chicane at racing speeds, all that weight up high in back is not doing you any favors. Years produced: 1979-80 Number produced: 29 Original list price: approx. 585,000 Cost per hour to race: $1,200 ($1,000 for mechanical rebuilds, etc. $200 for misc.) Distributor cap: $650 (but good luck if you need a rotor) The first 512 BB/LIVIs were just flat-out awful. Janos Wimpffen, in Time & Two Seats, describes their debut at Daytona in 1979 thusly: "The only concern of the Porsche drivers was that they stay well clear of the 512s. The handling of the three overweight cars was as diabolical as anything that had ever emerged from Maranello. The wheels rarely seemed to point in the same direction and the long-tailed beasts routinely skipped from one side of the banking to the other " While the Series II cars improved things, they were never competitive with the Porsche 935s that so dominated the era. So what's the upside? It is a Ferrari, and a real fast race car It's productionbased, so it will go a long time between rebuilds, making the car relatively inexpensive to run. The flat 12 sounds great and the car is bound to attract attention in the paddock. And then there's that price, which isn't a lot for a real Ferrari racer As long as the buyer knew what he was getting into, and doesn't mind a few white-knuckle experiences whenever he encounters a high-speed chicane, I'd say this was well bought—Thor Thorson (Background information courtesy of the auction company) • Chassis if: right front of engine bay (behind cockpit) Engine#: top of block, center front Club: Ferrari Club of America, P. O. Box 720597, Atlanta, GA 30358 Web site: www.ferrandubofamericaorg Alternatives: Porsche 935, Lola 1600 SCM investment grade: C 1980 Ferrari 512 BB/LM Lot #266; 5/1,1 32129 Condition: 3+ Sold at $350,000 RM; Monterey, CA; 8/17/2001 SCM ID# 23224 1980 Ferrari 512 BB/1.M Lot #61, S/N 33647 Condition: 1 Sold at $376,479 Barrett-Jackson/Coys; Grimaldi Forum, MonteCarlo ; 5/17/2002 SCM ID# 28371 'Y'ZIIWZIA6A.5•6•6•65%•6•6%5•6•6•6•11,

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Benson Midget, the last Midget designed & built for an Off', total restoration, showroom quality, all alum body, new 120 Offy engine, the last race car built by Benson. gb@gbdesign2.com. $49,500, serious offers considered. George, 408.268.6278. CA Bourgeault Formula B, one of only two survivors, design similar to Lotus 20, recently restored, only eight easy races, Crowther 180hp Lotus twin cam, Hewland Mk IV 6-spd, 2nd owner. $35,000. 707.568.3379. CA Caldwell D9FF, #70010049, complete car needing total restoration, updated to side radiator late '70s, car is running and totally assembled as last raced in 81, very original with logbook. bonerestores@aol.com . $7,200, offers. 585.582.2495. NY Silver Crown race team, complete, cars, hauler and shop, everything, be ready for Phoenix, Aviators #50. 773.445.0067. IL Volvo 760, 400 hp supercharged Mustang engine, the proverbial wolf in sheep's clothing, one of 50 built by Ross Converse, featured in car and Driver June 1997, sister vehicles owned by Paul Newman and David Letterman, over $30,000 invested. adalford@aol.com . $12,000 obo. 413.536.3363. MA 28 Ford roadster hi-boy, 1932 frame, original body, frame, small block Chevy, auto, 9" rear end, 6 carbs, chrome, Limefire headers, chrome I-beam axle, split wishbones, Lincoln brakes, Buick drums, P&J ladder bars, 32 grille, S-W gauge panel, winged gauges, black primer, red tuck/roll glide seat, Lokar shifter, good traditional hot rod. $26,000. Steve, 303-457-0327. CO 34 Jaguar Alpine Rally, SS I, individual class award winner, recently discovered needing restoration. danielrapley@aol.com . Daniel, 203.778.2601. CT 47 Nardi, 750cc, lovely sports racer with Italian race history through the late '40s 11  WWI/Ian 11 F1111 L:4•1:=1. ALL CLASSIFIEDS INCLUDE INTERNET POSTING! ONLY $15. See page 90 for details. and American history from 51, needs restoration. 203.778.2601. CT' 49 Talbot Lago Gran Sport coupe, short wheelbase by Dubos, fact build sheet, Grand Prix engine, alum head, 3 carb, 4482cc Paris show car, low mileage, orig, restored to 100 pts, radio, sunroof, fitted luggage, $350,000 invested. $185,000 obo. 215.794.2100. PA 50 MG TD vintage race car, fast, fun, affordable and easy to drive, full race 1500, plus race prepared 1250, extra trans and numerous other spares, top 10 at Monterey Histories many times, accepted anywhere, car is in Oklahoma City. lbg1233@cox.net . $15,000. Blake Gibb, 405.789.9105. OK 52 Mechanics Illustrated Special, original all steel '50s flathead Ford V8 Special, Eddie Meyer speed equipped, rust-free, original CA 1932 plates to match chassis, original plans, drawings, excellent condition, rare. $19,500 obo. 805.466.1015. CA 57 Meskowski USAC Champ car, Foyt won 3 USAC Championships and 26 races with car, beautiful restoration, Chevy, many spares, car was purchased by the chief designer for Porsche AG in 1980 and sent to Germany for a fuller restoration, it was raced in Europe in vintage racing for many years. $59,900. 636.227.3959. MO 59 Corvette SCCA fully documented vintage race car, purchased at Harry Mann Chevrolet in Los Angeles by Paul Masse, driven by Bob Bondurant, this piece of history in need of restoration, first $60,000. Jack Posell, 574.232.6430. IN 59 Elva Courier Mk II, super modified, beautifully prepared ex-SCCA race car, full race MG engine, close ratio transmis sion, Accusump, fuel cell, roll cage, show quality paint, alloy interior, Panasports, Carrera shocks, the best of everything, identical to the 2002 SCCA # Production National Champion winning Elva, sacrifice. 529,500. 203.377.6746. CT 60 Meskowsld Indy roadster, Schmidt Special, 8th Place Indy 500, restored chassis, zero time 255 Offy, all original, never crashed, vintage raced Monterey Historics 4 years, road race prepared, starter, spares, safety equipment, thrilling racer, beautiful condition. $195,000. Larry, 831.624.4638. CA 65 Cobra 427 SC by Superformance, #918, guardsman blue w/white stripes and Rondalls, all factory options, 66 427 side oiler built for driveability, Tremac 5-speed, 900 miles. $52,500. 913.268.0711. KS 68 Brabham Indy car, tubular frame, Hewland transaxle, less engine, Sugar Ripe Prune car, ex-Vulcovich, ran Indy 3 times, best finish 7th, spares. $24,900. 636.227.3959. MO 72 Opel GT, 104" wheelbase, square tube, round tube, 4-link, 9" rear, etc, small block or big block Chevy, health forces sale, turnkey, options. $18,000 obo. 609.494.7530. NJ 73 Bosby SR-6 sports racer, 1600 pushrod crossflow Ford, Hewland MMK 9. mcrumay@aol.com. $32,000. 717.367.1170. PA 73 Kingfish, Grant King Indy car, less engine/transaxle, damaged tub, new parts to repair, ran Indy 500 3 times, ex-Tom Sneva, project. $9,900. 636.227.3959. MO 75 Datsun 280Z, IMSA vintage race car, 1977 "Winner" — LeMans 24 Hour triple Mikunis, billet crank, Cosworth pistons, Carrillo rods, Houseman 5-spd racing trans, best of everything, race ready as GTV or GT-2, sorted, fast and reliable, with extensive spares. pau199rt@wowway.com . $28,500. 586.781.6409. MI HSR/SVRA multiple winner, tube chassis, fiberglass body, 300+ horsepower engine, 75 Modus Formula 3 race car, 2000cc Toyota-Nova dohc engine, Danny Sullivan and Eddie Cheever drove same car, factory race ready and very competitive, some spares. $35,000 obo. 805.238.2185. CA 76 Lola 460 Formula Atlantic, extensive, professional, correct nut and bolt restoration, Jennings BDA, John Collins comers and gearbox, truly turnkey, gorgeous. $35,000, partial trades. 909.695.4394. CA 94/95 Reynard F3000, 3.5 DFR, exDoulthard, fresh motor, fully sorted, ready to race, any spares, 3 set wheels, will consider all trades, cash either way. $90,000. Bobby Brown, 516.287.2700. NY 98 Caterham Super 7, DeDion, 1700 crossflow, oil cooler, Quaife LSD, FIA roll bar, 6 pt. harness, adjustable rear anti-roll bar, MSD ignition w/adjustable rev limiter, clam shells, red/polished aluminum, many extras. caterham@mindspring.com . $31,500. 919.363.9386. NC 02 Ginetta G4 roadster, built by Ivor Walkett the original designer of the G4, Brit- I ish racing green, tan interior, 2000cc Ford Zetec, rhd, Minilite alloys, 200 miles, excellent example. $29,500. 404.406.2422. GA Wanted: 270255 Offy Dirt/Champ car. Original "right off the track" car in decent, unrestored condition. I'm looking for a good, complete car that wasn't raced to oblivion. Prefer mid-'50s Kuzma, but will consider what you have. Will pay finder's fee. Larry Pfitzenmaier, 520-4559224 eves. larrypfitz@starband.net. AZ* I 936-001 on its way to the outright win at the 1977 24 Hours of Le Mans. 1976 Porsche 936-001 - The first of only three factory built "werks" sports-racing prototypes. 1976 saw the 936 in the hands of Rolf Stommelen, Jacky kkx, and Jochen Mass win at Monza, Imola, Dijon, Enna-Pergusa and Mosport — taking the Sports Car World Championship! 936-001 continued with the outright win at LeMans in 1977 in the hands of Jacky Ickx, Hurley Hayward and Jurgin Borth. Ickx stated, "It was the race I drove the best in my whole life." 936-001 finished second overall at Lefts in 1978 and went on to be the only 936 to race LeMans five times. Currently 936-001 is the only "werks" car outside of the Porsche museum and in 100 0/u restored cosmetic and mechanical condition. Phone: 831.423.5704 Fax: 831.4232239 email: tonepo98@nol.com

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CHRISTIE'S INTERNATIONAL MOTOR CARS The ex-Pierre Vogt and Last Production 1935 Bugatti Type 55 Super Sport Chassis No. 55238 Estimate: €1.6-2.2million The ex-Elford/Larousse, 1971 Sebring 12Hr Winner 1969 Porsche 917K Chassis No. 917.020 Estimate: €1.5-1.8million Other highlights include: 1950 Abarth 205 'Fischer Green Star' 1965 Aston Martin DB5 (left hand drive) 1967 Aston Martin DB6 Volante (left hand drive) 1929 Bugatti Type 51 1983 Porsche 911SC/RS(954)GP.B Estimate: €90,000-120,000 Estimate: €100,000-140,000 Estimate: €150,000-180,000 Estimate: €450,000-550,000 Estimate: €135,000-155,000 Exceptional Motor Cars and Automobilia Auction Paris, 14 February 2004 Enquiries Philip Kantor +32 (0)476 879 471 pkantor@christies.com Forthcoming Sales 27 March 2004, London Agr&nent 01/003 Rupert Banner +44 (0)20 7389 2851 rbanner@christies.com Paris Christie's 9, avenue Matignon 75008 Paris Catalogues +33 (0)1 40 76 85 61 www.christies.com 1911 Bugatti Type 13 Two Seater Estimate: €170,000-190,000

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Market Report Overview THIS ISSUE: SCM Experts rate  1. 1998 McLaren Fl coupe, 51,257,750, Ch, p. 65 cars 2. 1961 Ferrari 250 GT SWB coupe, $836,621, B-G, p. 53 3. 1912 Rolls-Royce 40/50hp Silver Ghost limo, 5633,390, Ch, p. 63 4. 1909 Rolls-Royce 40/50hp Silver Ghost tourer, 5626,940, B-L, p. 69 5. 1967 Ferrari 275 GTB/4 coupe, 5430,110, B-G, p.53 6. 1967 Ferrari 275 GTB/4 coupe, 5402,048, B-G, p. 53 7. 1980 Ferrari 512 BB/LM Silhouette 1961 250 SWB with unique specs brings $836,631 from an Italian bidder in Gstaad down. A couple of years ago, when 85 cents bought a Euro and the pound was equally limp, aggressive Americans infested England, France, Germany and Italy, paying top Euro for cars, and effectively getting them at a 15 percent discount. I Now the tables have changed. With the Euro hovering in the $1.25 range, there's not a day that goes by that I'm not told about some Cobra, Gullwing or Lusso that's going to Europe at full asking price-often after having been advertised in the U.S. for months with no takers. Let's consider that for Europeans, a Euro means to them what a dollar does to us in terms of buying power. So, a Daytona that has an ask of $135,000 will cost just E105,700. Pretty attractive. A Gullwing at $250,000 is just €196,000. And an F40 at $300,000 is a mere €235,000. I would be attracted to something with this kind of discount, wouldn't you? t's the best of times and the worst of times. The relentless decline of the dollar against the Euro has, in a global sense, turned the collector car industry upside So if you're an American trying to sell a car, this is your lucky currency moment. But if you've found a car in Milan that you like, you're going to have to dig deep. A Maserati 300S priced at £2,500,000 is going to set you back, hold on to your line of credit statement now, a whopping $3,200,000, a hefty $700,000 upcharge over the price if the Euro and the dollar were at parity. But it gets worse. If you'd bought this Maserati just two years ago, when the dollar had the upper hand, you would have spent $2,178,000 for the car. So that's nearly a million-dollar swing in 24 months. Great news if you're buying with Euros, horrible if you're buying with dollars. So expect to see great cars moving towards Europe with the same frequency as they did in 1989-1990. Unlike those days, however, project cars and fright pigs aren't going up in value at all. The cream has risen to the top, and it's being skimmed off by our European friends. Of course, exchange rates are never constant, so when the dollar gets strong again, we'll see them coming back. It's just a matter of time. -K. M.* BY THE NUMBERS Totol soles On millions) $4.5 - $4.0 $3.5 - $3.0 - $2.5 52.0 - 51.5 $1.0 - $0.5 - So 2001  H&H Buxton  SCM 1-6 Scale  Condition Rating:  2002 2003 Christie's London •Bonhams London 1 National concours standard/perfect  2. Very good, club concours, some small flaws  • Bonhams Gstaad 3: Average daily driver in decent condition  4: Still a driver but with some apparent flaws  NW" Thne-warp Liss° w/40-year-old-paint makes $191k. "Side Bonhams, Gstaad, CH (B-C)  H&H Classic Auctions, Buxton, UK (H)  Christie's, London, U.K., (Ch)  Bonhams, London, U.K., (B-L)  Coys, London, U.K., (C)  5. A nasty beast that runs but has many problems 6. Good only for parts p. 52 p. 58 p. 63 p. 68 p. 74 9. 1965 Bizzarrini 5300GT coupe, comp coupe, 5353,761, B-G, p. 56 5339,081, C, p. 79 SALES THIS ISSUE 10. 1964 Ferrari 500 Superfast Speciale coupe, 5336,203, B-G, p. 53 8. 1971 Lamborghini Miura P400 'iota' Snyder, 5352,870, C, p. 80 McLaren Fl goes for $1,257,750 at Christie's. scmBest Buys 1.1963 Ferrari 250GT Lusso, S191,822, (B-G) p.53 2. 1926 Rolls-Royce Phantom I, $37,410, (H), p. 58 3. 1975 Jensen GT Hatchback, $5,612, (H), p. 61 4. 1933 Rolls-Royce Phantom II , $108,532, (B-L), p. 70 5. 1958 Cooper-Climax Type 45, 5105,694, (B-L), p. 71

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Market Reports  EB1 Bonhams Europe Palace Hotel, Gstaad, Switzerland December 19,2003 Auctioneer:  Number ot automotive lots:  Number of automotive lots sold:  Sale rate:  Sale total:  High:  Robert Brooks J4 24 71% $4,363,772 Premium: 16% on the first 70,000 Swiss Francs, 11% thereafter (included in prices of sold lots) Report by Richard Hudson-Evans Market opinion in italics A fter Cheffins, BCA, Bonhams, Barons, Christie's, Coys and H&H—in that order—had squeezed the U.K. market dry in only a twelve-thy end of season period, not to mention Osenat and Artcurial emptying French handbags the following weekend, one wondered whether there were going to be any funds left to invest in Ferrari stock at the Bonhams Europe annual, held in snow-covered Gstaad later the same week. Lot 264, 1961 Ferrari 250G1 Short Wheelbase Fixed Head Coupe sold at $836,621, including buyer's premium Bonhams - Gstaad, CH Lusso acquired in 1964 and sold here for $191,822) to their last (the fatal 1989 F40 sold for $292,307). The liquidation was witnessed by son Patrick, who should, along with other surviving members of the family, at least be eventual beneficiaries of any proceeds remaining once the legal eagles have been fed. #267-1952 Ferrari 342 Coupe. S/N 0246AL. Black/green. LHD. Odo: 43,198 km. Ex-Geneva Show stand car. Lampredi-designed 4.1-liter V12, four-speed all-synchromesh box. Last refurbished by Valerio Auto The Lepeltiers' fully specified 1961 250GT, which had acquired covered-in headlamps in differently shaped front fenders with grille-mounted driving lights and mini bumpers, generated the highest price of the very well attended event, selling to an Italian buyer for $836,621. The well presented, ex-NART Sam Posey/Tony Adamowicz 1972 365GTB/4A, expected to be the highest flier, did not leave the ground, declared unsold at $1,115,100. (The auction company was hopeful that it would be able to broker some sort of an aftersale deal.) Bonhams did sell another NART warhorse under the hammer for $353,761, the 1980 512 BB/LM "Silhouette" which had Le Mans provenance from two exposures to the world's most value boosting motor race. (See profile on page 46.) According to sale organizer Simon Kidston, the white 2000 360 came from the U.S., while the rest of the non-Lepeltier entries had come to auction from all over the world. While pre-sale inquiries from the U.S. had been plentiful, there had been relatively little interest from Japan and the Far East this time and none from the Middle East. After his gavel had cooled, auctioneer and company Chairman Robert Brooks told SCM, "Although U.S. bidders were active on the telephones, thanks to the weakness of the dollar, all the buyers were European this year." Happily for Simon Kidston and his Geneva-based equipe, and largely thanks to a well-publicized 14-strong consignment from a deceased estate, business was good, with 71 percent of the cars going to new homes. However, thanks to the recent and huge decline in the spending power of the U.S. dollar against all European currencies, all 24 of the Ferraris purchased this year stayed home in Europe. Restorations in US post-1989, shown several times since. Repaint and retrim still excellent, engine bay clean but non-concours. One of just six 342s, three of which are coupes. Cond: 1 - . Not Sold At $350,460. $380,000 sought was too much. Early road-going models are less popular with marque fans than later cars, partly because they have such primitive driving characteristics. Still, they represent an increasingly important part of automotive history #265 1956 Ferrari 250GT Boano proto- type Coupe. S/N 0521GT. Dark blue/black leather. LHD. Odo: 13,207 km. Restored from dismantled project by UK marque specialist Terry Hoyle 1989-94. Road evented since. Bonhams were indeed fortunate to secure the Lepeltier Collection, which had languished in limbo-storage following the murder of French-born garagiste Michel Lepeltier during an unsuccessful car-jacking of his F40 in 1990. The subsequent 1999 bankruptcy of his widow's Geneva gas station business left the courts and lawyers to squabble over how best to realize the value of the Lepeltiers' extraordinary cache of mainly one-owner Ferraris. Just over five years later, payday for all was achieved by knocking them down to the highest bidders in this annual Ferrari sale. After their enforced incarceration, all the Lepeltier lots had wisely been put back into running order, from their first car (a 1963 52 Sports Car Market As usual, the five-star Palace Hotel underground parking lot had been transformed into a white-carpeted viewing hall, complete with Christmas decorations and, thankfully, some much-needed extra heating. Upstairs the two star lots were again parked on plush carpet in the chandelier-lit ballroom, which was packed with registered bidders. Those in the pricey bar and lounge overflow area were kept fully informed by live pictures relayed onto a giant TV screen. This one-stop shop for the most celebrated of all Italian marques continues to be the most fashionable fixture on the European collector vehicle calendar. However, consignments that sparkle, particularly Ferraris whose vendors will agree to their cars being temptingly guide-priced, do not exactly grow on Christmas trees, even in Gstaad. Without the Lepeltier factor accounting for 14 of the 24 results, this sale report would have been no fairy tale.—R.H-E. Paint and wheels still excellent. No bumpers, large Monza outside filler cap. Pair of very long twin exhausts. Interior very nice. Half roll cage. Non-Ferrari low-back buckets with full racing harnesses. Wood rim steering wheel. Some unique original features, some added during restoration. Cond: 2+. Sold At $171,248. Unsold at $142,857 under hammer Well prepped and event-ready Boano was much admired during viewing and deservedly sold immediately afterwards for more. Although not completely authentic, it was attractive and changes were documented, so price was fair enough. #266 1960 Ferrari 250GT Series II PF Cabriolet. S/N 2091GT. Red/black leather. LHD. -

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Bonhams - Gstaad, CH  Odo: 56,819 miles. Smoke gray when supplied new to California. Paint mainly good, although poor around windshield base. Chrome scratched by careless polishing. Wheel rims marked. Driver's side seat leather crumpled. Engine bay in need of TLC, visually at least. Recent eventing, said to be roadworthy. Cond: 2-. Sold At $165,006. A fair price, maybe even a small bargain. These are the cheapest open V12 Ferraris, and their prices have been steadily creeping upwards. Perfect ones can bring over $200,000, so the new owner has room to make some improvements here without going underwater #264-1961 Ferrari 250 GT SWB coupe. S/N 2469GT. Red/black leather. LHD. Odo: 56,819 km. Many factory-fit extras (such as leather-covered dash, central console, electric windows, different door handles, all four wing vents chromed). Modified front fender #280-1963 Ferrari 250GT Lusso Coupe. S/N 4591. Red/black leather. LHD. Odo: 3,175 km. Previously blue/red. Mechanically restored by Scattini in Varese post-1985, color Market Reports wood rim. Wheels dull and marked, engine bay dirty. Just a car. Cond: 3. Sold At $60,385. A good 330 is probably worth $10,000 more than a smaller-engined 250 GTE. This car in what seems to be unremarkable condition, brought a surprisingly high price. #254-1965 Ferrari 275 GTB shortnose coupe. S/N 6827. Gold/black. LHD. Odo: 25,516 km. Originally gray. Tool kit and books. Small rear window and concealed hood hinges. Believed original mileage. One owner changed to red by Luppi same time. Maintained by Garage Beausoleil since, Monaco registration. Repaint still excellent, bumpers very good. Some brightwork marked, slight wear to driver's seat, wheels have scratches. Cond: 2+. Not Sold At $230,985. $250,000 required was not forthcoming from this audience. Reserve wasn't crazy, given the strong presentation of the car coupe. S/N 6267. Pine Green/tan. LHD. Odo: 14,273 km. Uniquely fitted with 4.0 motor for first owner Prince Bernhard of Holland (other 36 500 Superfasts 4.9). Ordered with bench and headlamp treatment from 1970. Repaint very good. A-post to passenger door fit poor, rear fender dimpled. Originally gray, numbers match, some vintage eventing this year. No stated competition history. Cond: 2-. Sold At $836,621. Just under high estimate forthcoming from Italian bidder for SWB with unique spec, to much applause. Lack of racing provenance and oddball modifications caused Ferrari marketers to spank this car If all correct, and with some good historical tales to tell, could have easily broken $1m. #255-1963 Ferrari 250GT Lusso Coupe. S/N 4509. Burgundy/beige. LHD. Odo: 67,307 km. One owner (Lepeltier) since 1964. Accident including frame damage repaired by factory when nearly new. Many blemishes to 1963 #274-1964 Ferrari 500 Superfast Speciale since 1974. Earlier repaint cracked and lifting along passenger side door top, evidence of filler. Wheels marked, slight scuffs to original leather. Engine bay in need of TLC. Cond: 2-. Sold At $239,631. Despite being in the shadow of the better performing and handling longnose GM, prices of shortnoses have been rising. They are extraordinarily attractive, and always attract attention. A bit on the high side, but no harm done given the trend in the market. #262-1965 Ferrari 275 GTS convert- ible. S/N 07841. Red/black. LHD. Odo: 79,022 km. Factory hardtop. Repainted from original white to current red pre-1982. Paint now marked and scratched, hood bubbling. front seat. Never fully restored. Full chain of ownership, including sold by Ron Tonkin in Portland in 1985. Paint marked and splitting, rear lamp chrome pitted. Driver's side leather slightly grubby, passenger side unused. Air filter box marked. Cond: 2-. Sold At $336,203. Odd to think of ordering a Ferrari with a smaller motor than stock Price was in line with current market—Superfasts are superb road machines, and are perfect for many touring style vintage events. #279-1964 Ferrari 330 America coupe. S/N 5061. Purplish-blue metallic/black leather. LHD. Odo: 44,739 km. Just 50 built, 250 GTE with 4-liter 330 motor. Polished Borranis. Crepaldi Auto of Milan Chrome marked by enthusiastic polishers. Leather very dull. Wheels could stand refinishing. Aside from respray, appears essentially unrestored and honest appearing. Cond: 2-. Sold At $151,838. While within the estimate, should be considered a small bargain. The 275 GTS, for those who consider the Daytona a bit crass, is the ultimate open V12 bodystyle (the 330 motor would make it even better of course). factory repaired paint. Rear fender chrome flaking, still original front seat leather slightly dry-cracked with stitching pulled. Original wood rim steering wheel still good. Wheels have some road-rash. Cond: 3+. Sold At $191,822. Time-warp Lusso with original interior and near 40-year-old paint. Find another like that! Given how Lussos have been climbing in value, the buyer did just fine. Mod 2004  restored 1991. Driver's door edge chipped, brightwork poor, retrim fair. Period Nardi #259-1967 Ferrari 275 GTB/4 coupe. S/N 10011. Silver/black. LHD. Odo: 74,952 km. Special ordered with electric windows. One owner since 1972, paint excellent apart from some chips. Chrome, including nose-protecting nerf-bar, very good. Engine bay sharp. Wiper scratches to windshield. Curiously, one alloy crackle-finished. Cond: 1-. Sold At $402,048. Sold to an Italian bidder Worth nearly twice a short-nose two-cam? Market 53

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Market Reports  #275-1971 Ferrari 365 GTB/4 Daytona convertible conversion. S/N 14425. Black/ tan. LHD. Odo: 58,626 km. Given chop early 1980s by Straman. Power steering fitted. Paint scratched by polishers. Chrome excellent, Bonhams - Gstaad, CH says yes, and we agree. Considered by many to be the ultimate Ferrari, with timeless styling and terrific performance. #273-1967 Ferrari 275 GTB/4 coupe. S/N 10627. Red/black. LHD. Odo: 9,127 1994 Luppi interior retrim. Driver's seat slightly used. New Nardi wood rim. Engine bay dull around edges. Striking in black. Cond: 2+. Sold At $195,734. Strong price for clearly well-fettled example. If you cannot get hold of one of the 123 factory-opened Daytonas, then a conversion—as long as well executed like this one—will make a decent and apparently appreciating substitute. miles. Originally silver, sold new by Harrah's Restored early '90s by Swiss collector and SCM'er Eric Traber. Numbers matching. All excellent including engine bay. Very slight wear to driver's seat leather. Windshield finishing trim lifting at one corner. Perished rubber windshield trim at one edge. Cond: 1-. Not old At $430,110. $446,000 was being sought for clearly well-presented example. Really, at that price, a better buy than the four-cam, Lot #259, that sold for $402k. Right color and right condition here, just not the right bidder coupe. S/N 12705. Red/black. LIM. Odo: 77,874 km. Originally dark blue with beige. Early Plexiglass headlamps car, 38th production Daytona. Repainted pre-1977, optional 9- #263-1969 Ferrari 365 GTB/4 Daytona owners from new. Largely still original, paint good, some microblistering to driver's side Apost. Interior, wheels, engine bay all good. Period Philips radio. Cond: 2-. Sold At $62,216. $6,400 above top estimate paid, full retail in Europe, where 246 GTs are more highly prized than in the topless crazy US. Of course, Europeans actually drive their cars at speed, where the coupe is a vastly superior automobile. #271-1972 Ferrari 365GTB/4A Group 4 Competion coupe. S/N 15685. Red/black. LHD. Odo: 73,429 km. Factory built comp. racer. Last of five 1972 Series II cars. Period history with Sam Posey and Tony Adamowicz, inch wide rear alloys. Factory-fit radio-cassette and air-conditioning. Paint very good apart from bumpy trunk lid edge. Very nice wheels. Original interior good. Cond: 2+. Sold At $121,110. Near top estimate paid for Daytona which cost Lepeltier $51,587 in 1977. Four-cams were good value then, even better today. Prices of Daytonas seem stronger in the US than in Europe; this car might have brought a bit more stateside. According to Sergio Pininfarina, it was nearly impossible to see at night with the Plexi covers once they aged a bit. 54  #252-1971 Ferrari 246GT Dino coupe. S/N 2422. Red/black. LHD. Odo: 57,231 km. Mid-production Dino, hence "clapper" type wipers and slightly different bumpers with optional nudge-bar. Electric windows. Two evented 2002 Tour Auto. Paint and engine bay very sharp, interior appeared unrestored. Buckets fabric inserts very aged, rear window shelf carpeting crumbly. Non-restored appearance tremendously attractive. Cond: 1-. Not Sold At $1,115,100. No estimate published, but thought at least $1,150,000 was required Auctioneers report after-block deal at 1.3m. Expected price is in line with world market for one of the most desirable of all competition Ferraris, one that can still be driven on the street (with driver wearing very thick earplugs, of course). #253-1972 Ferrari 365GTB/4A Daytona Coupe. S/N 15069. Yellow/black. LHD. Odo: 37,499 km. Another former Geneva Show car, one owner, claimed still to be largely original. Flaking paint on driver's door edge, bubbling on rear passenger side. Original interior good, brightwork very good, optional chromed nudge-bar. Cond: 2-. Sold At $151,838. Originality and low mileage responsible for $16,400 over top estimate result. Lepeltier paid $50,000 for it 31 years ago. Good looking in yellow, a nice departure from the more usual red or black. #281-1972 Ferrari 365GTB/4 Daytona station wagon. S/N 15275. Black/dark brown. LHD. Odo: 3,756 miles. Unique estate wagon concept by Luigi Chinetti Jr. for architect Bob Gittelman. John Mecom owned 1984-88. Four owners in total from new. Original paint marked, wiper arms paint chipped. Interior leather and wood good. Suede edges around opening rear side windows grubby. One luggage rubbing strip curling up at one end. Cond: 2-. Not Sold At $254,880. (Sad way for a Daytona to end up, maybe only uglier custom Ferrari is the Breadvan. Describe it as eloquently as you want, it's still a bizarre Ferrari station wagon.—ED) One-off failed to attract anywhere near very ambitious $460,300 low estimate. One day, maybe. Or maybe never? including Le Mans, Watkins Glen and Daytona. Presented as raced in period by NART. Californian Ken Starbird owned 1973-88, last #284-1972 Ferrari 365 GTC/4 coupe. S/N 15853. Red/tan. LHD. Odo: 16,030 km. Acquired by seller at Gstaad 1998 auction. Older repaint now only fair with some Sports Car Market

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Bonhams - Gstaad, CH GREGOR FISKEN shrinkage, door handle chrome pitted, alloys marked, original leather good. Cond: 2-. Sold At $46,663. Fair market price. Still great value with lots of Ferrari quad-cam for your dollar. Perfect ones are in the $60,000 range (asking, anyway) so this one with a few cosmetic needs was on the money. #257-1972 Ferrari 246GT Dino coupe. SN 6024. Yellow/black. LHD. Odo: 54,699 km. One owner since 1975. Power windows. Fine Historic Automobiles Situated in a Kensington Mews, internationally famous for old cars, we are proud to offer a varied selection of historic automobiles. Our prices are keenly competitive in today's market and we are always interested in buying, part exchanging or selling on clients' behalf cars similar to those below. Please write, phone, fax or e-mail with your requirements. holes in headrests, engine bay dirty. Recent mechanical service. Just a driver, nothing spectacular. Cond: 3+. Not Sold At $63,720. "Very, very close," Brooks said to us and to unseen bidder (who did not increase offer). A tad low for the US market, but not far off for the European one, especially for such a haphazardly presented car How about spending a few hundred Euros on a super detail if you really want to get a bidder interested in your car? #282-1974 Ferrari 365 GT4/BB Boxer coupe. S/N 17927. Red/magnolia. LHD. Odo: 42,993 km. One of 367 built. Repaint in original color excellent. Wheels mint, original 1965 Alfa Romeo GTA The marriage between Au/ode//a and Alfa Romeo is legendary and it was inevitable that Alla Romeo would subject baby Guilia GT to a sporting jacelift Au/ode/la came up with the Ca the 'A standing for 'alleggerita' meaning lightened' that offered a massive power increase froni 105bhp to 170 bhp audit was an immediate success on the track. The car we are offernig chassis 613056 which we believe it formed part of /he team's assault on the 1966 3 Hours of Sebring before partiapating in that seasons European 7buring Car Championship. With only Iwo principal owners for most of its li this GM is crying out to be unleashed on the track again! Restored at some time, repaint only "externally" OK. Brightwork and wheels good, engine bay clean. Voxson 8-track, Momo wheel. Cond: 2+. Sold At $68,435. Top retail valued at $4,700 above high estimate. Slightly too much for condition, I thought, but yellow cars seemed to do well at this event. #270-1973 Ferrari 365 GTC/4 coupe. S/N 16057. Anthracite/black. LHD. Odo: 8,095 km. In receipt of nine-year restoration by Pebble Beach entrant Bruno Wyss (costing $158,730!). All mint—apart from shrinkage ely Bo n . • I interior quite good, though slightly soiled and crumpled. Detailed engine bay. Handsome. Cond: 2+. Sold At $90,383. Some like the 365s the best of all the Boxers, with their peakier engines. More popular in Europe than the US, partly because there was never a US-legal model. As they become exempt from many states, smog regulations due to age, we may see slight growth in popularity and value stateside. coupe. SN 18299. Red/beige. LHD. Odo: 49,442 km. Originally dark blue with black sills. Post-1989 repaint and color change very #261-1975 Ferrari 365 GT4/BB Boxer 1965 Alfa Romeo TZI Competition Rediscovered in 2002 after 30 years in storage we believe !bat chassis number '750 075' must be one of the most original 7Z1 's in/be world. Originally supplied with a twin plug engine and the optional lightweight plexiglasv and fibreglass bonnet it was bought in April 1965 by the Dutchman Vim den Berg who entered the Coupe des Alp& in fuly Since its remarkable discovery this Alja has had a sympathetic mechanical restoration retaining ils beautifully original patina/al bodywork. The 7Z1 comes with a full set ofFM papers and is reach,for ac newt adventure. CARS IN STOCK 1970 Alfa Romeo T33/3 — ex Auto Delta 1955 Aston Martin DB3S 1956 talon Martin DB3S Coupe 1961 Aston Martin DB4GT Zagato crack to one hood aperture corner. Modern radio/CD multi-player. Spectacular, great color too. Cond: 1-. Sold At $103,552. Buyer thought it worth paying $7,900 above high estimate for really super (possibly best-in-world) example. Better to spend this much for a perfect C/4 than a ratty Daytona. Too bad that ff5Iss never got to enjoy his car #283-1973 Ferrari 246 GTS Dino targa. S/N 07396. Silver/black. LHD. Odo: 8,573 km. Eurocar. Partly refurbished at some time. Repaint still good, driver's side quarter-light glass badly marked. Interior worn and marked, Match 2004 1970 Aston Martin DOS V8 — ex Robin Hamilton Le Mans 1924 Bentley 3-4 1/2 litre Supercharged 1929 Bentley Speed Six 1939 Bentley 41/4 Litre llone 1937 BMW 328 ■suckle. 1964 Ferrari 250GT Limo 1965 Ferrari 275 GTB/2 Alloy LHD 1966 Ferrari 275 GTB/2 6C Alloy RHD 1986 Ferrari 288 GTO good, apart from chip to driver's side wheelarch. Original seats grubby and shiny, wheels marked. Cond: 2-. Sold At $59,470. Not as nice as Lot #282, hence lower price paid, which valued car correctly. Too bad it 's not blue any longer—Boxers are handsome in that color 1953 Frazer Nash Le Mans Mk II 1950 Jaguar XKI 20— ex Le Mar6 car 1961 Maserati Tips 63 'Birdcage' 1960 MG A -IV/in-Cam 2000 Pagani Zonda 1973 Porsche 911 RS Lightweight RHD 1998 Porsche Gil 14 Queens Gate Place Mews, London, SW7 5BQ Telephone 011 44 20 7584 3503 Fax 011 44 20 7584 7403 E-mail: cars@gregorfisken.com  www.gregorfisken.com

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Market Reports #251-1976 Ferrari 308 GTB fiberglass coupe. S/N 19275. Lime Green/black. LHD. Odo: 7,935 km. Early plastic car. Original kms (4,700 miles). One owner, last on road 1989, all still original. Paint mainly excellent, roll-cage side bar paint very chipped. Minor racing history, but well documented. Cond: 2+. Sold At $353,761. Well under $460,300 lower estimate was surprisingly accepted from French buyer who has therefore given this particular car public valuation. Will never be hugely competitive in vintage racing, but will always be popular and relatively cheap to run. See Profile this issue, p. 46. #256-1980 Ferrari 512 BB coupe. S/N 30865. Red/tan. LHD. Odo: 9,069 km. Genuine low mileage by one owner (Lepeltier). Very original. Speed chips to front, rear alloys marked, some wear to driver's seat. Pioneer driver's door edge chips, minor crazing to driver's side leather. Engine bay dull but original. Instruction label still dangling from Borletti clock. Cond: 1-. Sold At $36,598. $8,700 over top estimate paid for totally unmolested and unrepeatable time-warp car These plastic, cabureted cars are real rocket ships—but buyers hated a fiberglass Ferrari, so they soon became steel. About that "Laugh-in" Color... #278-1978 Ferrari 400 GT convertible conversion. S/N 23647. Red/black. LHD. Odo: 75,880 km. Former Pininfarina coupe radio/cassette. Tire pressure sticker still on windshield, original XWX tires. Time-warp car. Cond: 2. Sold At $77,214. $11,900 over high estimate was still less than $90,283 and $59,470 paid for earlier 365 BB models #282 and #261. 512s, even still-in-the-wrapper examples like this, just don't command the prices of the 365. Might have been worth a touch more in the US, where everyone always seems to want the model with the biggest engine. converted to current open body by unknown coachbuilder for German Ferrari importer Auto Becker before first delivery in 1978. Five-speed. Stainless steel exhaust. Nothing special here. Cond: 3+. Not Sold At $46,197. Not particularly nice and certainly not worth $71,400 expected. 400s are not on anyone 's hot list, and a custom chop-job doesn't make this car any more valuable. Could have sold without regrets. #277-1980 Ferrari 512 BB/LM Silhouette competition coupe. S/N 30559. Red/black. LHD. 14th of only 29 5 I2BB/LMs built and first Series II. Presented as raced by NART. #276-1982 Ferrari 512 BBi coupe. S/N 43219. Red/black. LHD. Odo: 28,715 km. Originally sold to Rome, then to Japan, then back to Geneva. Claimed to be original luns. Paint excellent, wheels good, engine bay very September 2003. Late-build car with ABS. Cond: 2-. Sold At $41,353. Virtually minimum reserve met, which is retail money in UK for 328 GTS targa-top. A very good deal for the buyer, and a handsome color to boot. Changed cam belts a nice $3,000 bonus. #258-1989 Ferrari F40 coupe. S/N 82795. Red/red. LHD. Odo: 3,078 km. Genuine one owner (Lepeltier), absolutely all original, no apparent wear. Early non-catalyst car. Time seat side worn with piping exposed. One of 272 built. Cond: 2-. Sold At $274,748. Once worth over a million dollars, have been in the $250–$300k price range for some time. Staggering performance from twin-turbo lengthwise-mounted four-cam V8, but looks too much like garden variety 308. #272-1988 Ferrari 328 GTS Targa. S/N 77436. Black/magnolia. LHD. Odo: 3,813 km. Original lcms (2,287 miles). Original paint still mainly good, minor marks to front, alloys very good. Driver's seat leather slightly grubby and cracking, cam belts freshly renewed in Bonhams - Gstaad, CH clean. Driver's seat leather slightly crazed at entry point. Cam belts changed 3,000 km ago. Cond: 1-. Not Sold At $55,755. This particular Bosch K-Jetronic fuel-injected 5 I 2BBi seemed well worth $63,500 being sought. Bid was just too low, on either side of the Atlantic. Injected models more sought after in US, as they are easier to make comply with US emission regs than carb models. Fresh repaint excellent, comp spec interior with only one bucket. Passenger seating area completely taken up by fuse/switch board, 56 #260-1985 Ferrari 288 GTO coupe. S/N 53769. Red/black. LID. Odo: 30,927 km. One owner (Lepeltier). Ordered without weighty air-conditioning, electric windows or radio. Paint starring on driver's-side rear fender, marks to front. Red tape wound around damaged column of driver's door mirror, driver's warp. Cond: 1. Sold At $292,307. Lepeltier 's final Ferrari. Macabre circumstances involving this car surrounding his demise did not deter family friend from paying $13,500 over high estimate, making tribute to deceased collector and earning applause from saleroom crowd. Price at top of market, but not crazy for this particular car #285-1999 Ferrari 550 Maranello GT competition coupe. S/N 106404. White/red/ Sports Car Market

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Keith McCormick presents the 36th Collector Car Auction SATURDAY and SUNDAY FEBRUARY 28th & 29th, 2004. PALM SPRINGS AUCTION OF 350 ANTIQUE, CLASSIC, SPORTS, AND SPECIAL INTEREST AUTOS AT THE NEW 7 MILLION DOLLAR DOWNTOWN PARKING CENTER LOCATED AT: 279 SOUTH INDIAN CANYON DRIVE, PALM SPRINGS LAST SALE WAS 61% SOLD OF ALL CARS ENTERED The McCormick Family is once again organizing this auction in their usual friendly and courteous manner. Ask for Keith, Jason or Desley to answer your questions. Sponsored by KIVA 104.7 fm THE OLDIES STATION LOCAL HOST HOTEL: We recommend Las Brisas Hotel Across from Auction Site Telephone: (760) 325-4372 or PHONE FOR CONSIGNMENT NUMBERS. ASK FOR ENTRY FORMS, BIDDER APPLICATIONS, AND GET ON OUR MAILING LIST...NOW! (760)-320-3290 RESERVE YOUR POSITION NOW! ENTRY FEES: SATURDAY AND SUNDAY $250. Add $100 for top floor display - check out these websites: www.palm-springs.org (Palm Springs Bureau of Tourism) www.PalmSpringsUSA.com (Palm Springs Desert Resorts) e, C?,.0:sj4/6Zs,,e,0 Ci /?e, 41, 4, °iv ceic,';'s Sponsored by MEDIA SPONSOR only space for 86 cars topside. No numbers will be reserved without consignment fee being paid in full in advance. VISA, MasterCard and American Express are accepted. Positions will be filled on first-come first-served basis. To reserve the position you desire, send your check covering the entry fee or phone in your credit card number. You may specify the cars you're entering at a later date. Entry fees are REFUNDABLE less $25 handling fee if you notify us in writing 14 days prior to the auction. Color photographs may be included in our exclusive color brochure. We strictly limit the number of positions available in this two-day event of 350 cars. COMMISSION STRUCTURE: FLAT 5% OF SALES PRICE (One of the lowest in the business). WE SOLD OUT OF LOT NUMBERS PREVIOUS SALE SO BOOK EARLY. Purchase a lot number and we will log your cars photo on-line free of charge. For $50 extra, we will build you a complete web page including 12 photos - engine, interior, exterior, etc. Featured cars attract multiple bidders 40,000 visits per day. PALM SPRINGS AUCTIONS, INC. 244 N. INDIAN CANYON DRIVE PALM SPRINGS, CALIFORNIA 92262 U.S.A. Web Site - http://www.classic-carauction.com - our website averages (760)-320-3290

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Market Reports  black. LHD. First 550 GT built. 600 horsepower. Raced in French GT series 2001. Retired after 13 hours at Le Mans 2003. Presented as raced, though paint surprisingly excellent. H & H Classic Auctions - Buxton, UK H&H Classic Auctions Pavilion Gardens, Buxton, Derbyshire, U.K. December 10, 2003 eseouh' Auctioneer:  Wheel rims very marked, comp spec inte nor acceptably used. Cond: 2-. Not Sold At $270,810. Too modern with too recent competition history for Ferraristi at this auction to pay $317,500 necessary. A four-year-old race car is too aged to be competitive, but too new to be interesting in any other kind of event. Try again in a decade, when it will be eligible for some interesting semi-vintage stuff #269 2000 Ferrari 360 Modena Challenge - coupe. S/N ZFFYR1B000118792. White/ black. LHD. Odo: 250 km. Supplied new to Miller Motor Cars, Connecticut. Intended for Number of automotive lots:  Number of automotive lots sold:  Sale rate:  Sale total:  High:  Simon Hope 87 68 78% S1,318,062 Lot 42, 1984 Audi Sport Ouattro Rally Coupe, sow an )1 00,0,ID Premium: 7.5% (included in prices of sold lots) A 1950 Daimler DB18 Special Drophead Coupe, first owned by King George VI, failed to find a subject with the necessary $150,000-plus. An ex-David Beckham (the soccer star) 1996 BMW M3 Evo Convertible did find a fan with $28,526. But a vandalized 1981 Ferrari 400i Autokraftchopped Spyder, formerly owned by Pete Tovvnhsend of The Who, only generated $7,856, and a ghastly 1978 Range Rover with Buckingham Palace and Lady Diana Spencer connections, just $4,863. The vehicles offered at these regular H&H fixtures in Derbyshire do appeal to a wide range of consumers and cater to all budgets. One of the biggest selling points is the location of the saleroom itself, where parking nearby is unrestricted and on-site catering facilities are ample and affordable. Some of the firm's competitors could do with reminding that the auction experience—particularly for potential buyers—should always be made as enjoyable as possible.—R.H-E. Report by Richard Hudson Market opinion in italics - 0 racing but never campaigned, only occasional dry track days. Cosmetically absolutely mint, full cage with side bars, OMP high-back bucket, Sabelt full harness. Cond: 1. Not Sold At $99,563. Nobody here was prepared to exchange their $119,000 or so for this rather specialized piece of track kit. Another car that has a very limited venue. Great fun at club days, but an expensive way to play around.• TT Next Month Kruse, Dallas, TX Kruse, Ft. Lauderdale, FL Silver Auctions, Ft. McDowell, AZ Russo and Steele, Scottsdale, AZ RM Auctions, Phoenix, AZ 58 Evans ne might have thought that going to bat last in the vastly over-served end of the U.K. auction season might have disadvantaged H&H. Not so. Not only did the northern firm, which now claims to have become Europe's largest (by volume sold) specialist collector vehicle auction house, attract the biggest audience of the period by far, but it also sold more cars and achieved a higher sale rate than its competition. Those London rivals would point out, of course, that the northerners had only consigned three high-value cars (even though they did secure buyers for two of them), and with H&H's much lower 7.5% commission charged to vendors (compared to 15-17.5%) and 5% premium levied on buyers (compared to 10%, though often subject to negotiation), it would be making less money for its two days' work than they did with their one day fixtures in the capital. SCM readers, however, that H&H did gross $1,318,062 for cars alone, with an additional $49,590 coming from the 61% of motorcycles to change hands, and a further $83,520 of automobilia sold following a 92% result. Top sellers in a packed Octagon Theatre, more of an Olde Worlde dancehall actually, within the Pavilion Gardens complex in the Peak District Spa town of Buxton, were an ex-works 1984 Audi Sport Quattro, a well presented rally winner driven by the great Hannu Mikkola, and a barn-find 1931 Bentley 4-1/2-liter with open four-seater coachwork of 1955 vintage. Each raised a premium-inclusive $168,345. This independent observer can report to block here, which always adds to pre-sale buzz, though most of it did not seem to impress bidders or boost takings unduly. Much celeb provenance crossed the Sports Car Market ENGLISH #18-1926 Rolls-Royce Phantom I tourer. S/N 68YC. Eng. #ET15. Cream/red. RHD. Odo: 87,602 miles. Started life as a Hooperbodied enclosed-cabriolet; four-seat tourer body of unknown origin fitted sometime in its history. Same owner last 14 years. Older repaint only fair, old interior good. Cond: 3. Sold At $37,410. Unsold under hammer, weddings hire-style Phantom was acquired before gavel had cooled for $7,800 below low estimate. Inexpensive for 1920s Roller with modernish open body, and one that can provide visual panache coupled with stately, which translates into slow, performance. #25 1927 Rolls Royce Phantom I Open - - tourer. S/N 40YC. Eng. #12565. Cream/red. RHD. Odo: 83,708 miles. Formerly Hooperbodied limo, current open four-seat bodywork installed in early 1990s. Possibly fresher

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H & H Classic Auctions - Buxton, UK  repaint only fair, a very weddings-hire automobile. Last on the road April 2003. Cond: 3. Sold At $46,763. Valuation of this, the second of three weddings Rollers at this auction, was boosted by some Duke of Rutland provenance. Will never win a concours, but will always garner attention. #53-1927 Rolls-Royce 20hp sedan. SIN GUJ54. Eng. #3164. Black over green/green. RHD. Coachwork still original, but tired and crudely repainted. Front seats retrim okay, original rear leather only fair, internal wood Market Reports with only slight marks to paint. Interior good, driver's seat stitching coming apart. Event plaques on display board stowed in back. In same family since 1946. Cond: 2. Not Sold At $8,700. Deserved to sell, but nobody on this day, even afterwards, was prepared to match anywhere near $12,000 required An interesting piece of history, but not a particularly noteworthy or valuable one. Has top frame but no fabric. 11.8 hp engine recently rebuilt, overall said to be in good running order. Cond: 2. Sold At $25,253. $2,600 below low estimate accepted for a nearly completed restoration. Characterful and good value. Let 's hope the finishing of the project is as straightforward as it appears it will be. work poor. Same owner since 1978. Drivetrain (3,164-cc 6-cylinder engine) said to be in good order. Cond: 3. Sold At $17,771. $1,400 below low estimate accepted, very cheap for originalbodied though slow 20hp model. In Europe, with its shorter distances between destinations, vintage cars like this are still event-usable. It more difficult in the US, with hundreds of miles to go each day. Start early, arrive late would be your watchwords. #62-1931 Bentley 4 1/2-litre tourer. S/N ZT3626. Eng. #AB3352. Blue/gray. RHD. Odo: 24,969 miles. Former Mayfair sedan coachwork, then fixed head coupe—again by Mayfair. Open tourer coachwork dates from 1955. Externally very good. Old leather dry #34-1934 Raleigh Safety Seven 3-wheeler. SIN ZP333. Eng. #ZE345. Red with maroon wings/red. RI-ID. Odo: 46,600 miles. Very rare non-pedal cycle from Raleigh with in-house produced 742cc v-twin motor. Older restoration, last used in 1998. Still shows very well installed. Paint only fair with shrinkage cracks, stone/careless chips and marks, chrome polish-marked. Odd smallish wires give a kit-car feel, wood to mid-chassis looks like a badlybuilt boat. Cond: 2-. Sold At $29,928. Truly wacky (more hand-built boat than coachbuilt car). Third and ugliest of weddings Rollers to cross block. Sold in post-block deal, albeit for only just under estimate. Will always attract attention, but most likely from a decidedly odd group. WeApologize and cracked, engine bay dusty though apparently intact. Barn find, last driven in 1985. Earlier engine of proper type installed. Engine said to turn freely, not running otherwise. Well documented. Cond: 4. Sold At $168,345. Much pre-sale hype plus bidding scrap amongst suitors in hall responsible for $11,700 over top estimate. H&H must have struck a rich seam of such barn discoveries, which are the most highly sought after type of car these days. Everyone wants to be the first to restore a car #22-1932 Alvis 12/50 Doctors DHC. S/N 9330. Eng. #9852. Maroon with black fenders/ maroon. RHD. Odo: 7,072 miles. Relatively freshly executed, though unfinished restoration. Body correctly reframed in ash. Repaint very good, possibly original interior only fair. March 2004 miil may be out of your reach While our brilliant shine, exacting quality standards and customer satisfaction are world renown, you may not be able to find the zymol your car needs. Not to worry. All of the products, instructions and Authorized Reseller locations are available OnLine and on CD-ROM So your zymol is simply a login or telephone call away zymol may be a reach but  car deserve and your c2003 zymol Enterprises Inc www. zymoi.com 1-800-999-5563 zymol - - 59 #47-1935 Rolls-Royce Phantom II tourer. S/N 1TA. Eng. #VS25. White/red leather. RHD. Odo: 9,400 miles. Originally Barkerbodied Landaulet, served as a WWII ambulance. Current owner had Armstrong body

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Market Reports  #30-1937 Riley 12/4 Lynx Sprite tourer. S/N SS27L6370. Eng. #SSL6370. Blue/gray. RHD. Odo: 49,730 miles. Long-time Totnes Museum resident. Last refurbished in 1998, H & H Classic Auctions - Buxton, UK some years ago. Still all very good indeed and nicely patined. Custom touches include power windows and top. Rear legwork increased. Cigar lighter in rear for smoking King. Swoopy and striking. Cond: 1-. Not Sold At $135,720. Despite super history and condition, nobody here would offer anywhere near $150,000 plus being sought—$100,000-ish seemed to be more like current value of car of this era/ provenance. #32-1959 Ford Popular 103E sedan. S/N TC644AD. Eng. #C946431. Green/tan. RHD. Odo: 47,156 miles. Post-war version of pre- repaint still excellent. Radiator chrome polish-marked, interior leather slightly worn with marks. Said to be driven to shows regularly, and to be in very good order overall. Cond: 2+. Not Sold At $45,240. This example of one of last such models to be made before WWII screwed things up in Coventry Motown really deserved to sell, though not for extremely ambitious $60,000 estimate—circa $50,000 would have been more appropriate. It's cute, unusual and ready to go. What more could you want—except, of course, a more reasonable price. #68-1947 Bentley Mk VI sedan. S/N B7BG. Eng. #B2048. Black/light brown. RHD. Odo: 56,266 miles. Almost certainly genuine mileage. Old repaint only fair, most chrome good Sold At $53,310. Although raising $11,500 more than forecast, this non-period racer was said to have cost $113,000 to build. Fully street legal, someone's going to have fun on Saturday nights cruising the village. #12-1965 Triumph 2000 Mk I sedan. S/N MB3063. Eng. #MB31100HE. Green/light green. RHD. Odo: 42,604 miles. Repaint good, possibly largely original interior also spotless. 2-liter six, four-speed with overdrive. Original war Anglia. Restored, repaint fresh looking, detailing poor. Restored at cost of $11,700. Currently road registered. Cond: 2-. Sold At $3,306. Within estimates, valuation spot-on for one of last such sit-up-and-beg Pops produced at Dagenham. Would make an American Chrysler Ailflow enthusiast's heartbeat quicken. No one else on the planet could possibly care. #57-1962 AC Aceca coupe. S/N AE822. Eng. #CLBN2481. Mist green/dark green. RHD. Odo: 34,575 miles. Mileage correct. Late 1990s restoration to a good standard, all mileage, one-family owned until recently. Cond: 2+. Sold At $5,237. Really well presented and much viewed, hence saleroom competition on day pushed up price paid to $2,000 above forecast. Winning bidder must have thought it was worth it. with some pitting, original leather cracked but good. Currently licensed for the road. Cute in a kind of homely way. Cond: 2. Sold At $20,576. Nice example, clearly well looked after, $3,000 over high estimate fully deserved Said by Classic Cars magazine to be "superior to Jaguar and Alvis alternatives" in its price range, if you care. #33-1950 Daimler DB18 Special DHC. S/N 53306. Eng. #40047. Cream with black fenders/cream. RI-ID. Odo: 1,172 miles. Ex- #72-1970 Rolls-Royce Corniche coupe. SN CRH7885. Eng. #7885. Le Mans Blue/gray. RHD. Odo: 14,463 miles. Higher total mileage likely. 1990s repaint with bubbling around edges, rechrome very average. Original leather still very good with only minor marks. Included where necessary chassis tube replacement, renewal of floors, sills and fenders. Engine bay well presented. Four owners from new. Last Aceca built by the factory. Cond: 2+. Sold At $36,476. Mid-estimate result for last Aceca built. Correctly valued by all concerned Handsome and under appreciated cars that seem to be having, at last, a little recognition in the marketplace. Color doesn't help things much here. King George VI, later owned by UK entertainer Max Bygraves. Clearly well restored—albeit 60  #75-1964 Jaguar XICE 3.8 racer roadster. S/N 890554. Eng. #RA6770-9. Primrose/ black. RHD. Odo: 34,611 miles. Built in 2001, well painted, interior stripped out for serious comp work. Full cage with sidebars, fancy pedals, safety gas tank, Aeroquip hoses, modern looking engine bay excellent. Getrag 5-speed, 300-hp Rob Beere 3.8 engine on Webers. Surprisingly only low-back buckets. Some competition successes. Cond: 2+. re-Connollised  now cracked but still soft. Refurbished wood good. Has attended Rolls rallies around Europe. Huge Webasto sunroof. Currently road registered. Cond: 2-. Sold At $14,030. $1,850 under low estimate wisely accepted for rather average example of admittedly coachbuilt coupe that will quite soon be in need of back-to-metal paint job at least. #10-1991 Teal/Bugatti T35 replica road- ster. S/N 768143A. Eng. #EH122198408. Blue/blue. RHD. Odo: 16,237 miles. Likely to be genuine mileage. Minor marks to both paint and trim, rear mudguards stone-dinged, Sports Car Market

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H & H Classic Auctions - Buxton, UK  Market Reports woodrim very worn. 1.8-liter engine, fourspeed manual from Morris Marina donor. Cute, although not real. Sold At $10,475. Forecast money was forthcoming for well executed and convincing enough Bug rep, albeit with boring Marina motor—correctly valued nonetheless. Just don't let any Bug enthusiasts get closer than 100 feet and you'll be fine. #84-1975 Jensen GT hatchback. S/N 30072. Eng. #A741210884. Blue/beige. RHD. Odo: 54,300 miles. Restored late 1980s, repaint from then still excellent, original interior good. Cond: 2+. Sold At $5,612. mileage declared. Picnic tables on rear of front seats, rear headrests, sheepskin rugs. Likely older repaint and rechrome excellent, possibly original leather cracked. Said to be recently serviced and in good condition. Cond: 1-. Sold At $37,062. Valued correctly, stylish presence for reasonable money. #14-1978 Rolls-Royce Corniche II convertible. S/N DRH31872. Eng. #DRH31872. Gold/dark brown. RHD. Odo: 87,080 miles. Well restored, repaint, rechrome, retrim all still White/gray. RHD. Odo: 108,260 miles. Current owner since 1995. Complete restoration including body strip and mechanicals done in 1996. Repaint holding up well, reupholstered interior still attractive. Said to run and drive well. Cond: 2-. Not Sold At $5,220. $6,000 should have landed this Safari, rare in RHD, though vendor had been hoping for $7,800 at least. Thoroughly odd cars, and interesting so long as you know someone who can recharge the nitrogen-filled suspension spheres from time to time. GERMAN #52-1969  Auctioneers and their vendor had been looking for tad more, but this money was about right for rarest version of smaller Jensen, even rarer without any signs of rot. Decreasing numbers in today's market remember marque or model, let alone are prepared to invest in owning one. #43-1975 Rolls-Royce Camargue coupe. S/N JRH 19671. Eng. #19671. Gold/brown. RHD. Odo: 26,570 miles. Paint excellent— though some bubbling beneath. Brightwork marked, original interior acceptably worn. excellent—only slight wear to front seat leather. Cond: 1-. Sold At $36,834. Compared to the '77 Roller in the same auction that brought $37k, this one didn't have any patina, so your choice was original or restored. Correct price in either case. #73-1985 Caterham Seven Supersprint roadster. S/N K530018R. Eng. #16XF2350685. Red/black. RHD. Odo: 35,516 miles. Long-cockpit car. Roger King 150-hp Wheels and electric mirrors from later model, Harvey Bailey suspension uprate kit. Just 531 made. Cond: 2+. Sold At $23,382. Just over mid-estimate valuation spot-on for what was once world's priciest production model. Still handsome in a properly understated way. Suspension upgrades a real plus for continental motoring. #29-1977 Rolls-Royce Corniche convert- ible. S/N DRH31224. Eng. #31224. Green/ green. RHD. Odo: 15,914 miles. Circa 83,000 March 2004  #31-1973 Citroen DS23 Safari station wagon. S/N 00FF4527. Eng. #0673011170. 61 engine. Genuine miles. Panels and paint good, chassis and suspension finish slightly off. Top of rollover bar badly chipped (hopefully not from use). Very small leather-covered alloy wheel, alloys much used. Cond: 2-. Not Sold At $10,440. This should have been enough, $13,000 sought being excessive for rather used looking condition. Caterham took over production from Lotus in May of 1973. These later cars are much better than the original 7s, but completely devoid of interest to collectors. FRENCH Sold At $35,540. Really lovely example, hence $4,200 over high estimate result. Timeless classics like these continue to pull, especially when in good order and with documentation. You can buy bad 280SLs all day long for $20,000, and they make this car at nearly twice that a bargain. #49-1971 Porsche 911T coupe. S/N 9111100082. Eng. #6114081. Red/gray. LHD. Odo: 54,365 miles. 2.2 liter with Webers, 5speed. Ex-Nevada, imported to the UK some years ago. Stone chips to front, interior good. Mercedes-Benz  280SL roadster. S/N 11304422009305. Eng. #1B098322005805. Blue/dark blue. RHD. Odo: 96,015 miles. Two tops. Automatic. Records back to 1977. Paint excellent, brightwork marked, engine bay well presented. Cond: 1-.

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Market Reports  Fuchs wheel finish poor. Cond: 3+. Sold At $10,849. Just under $11,000 was virtually going rate for sound-looking LHD 911 on this side of English Channel. Terrific to drive, and still undervalued in terms of sophisticated driving pleasure per dollar spent. #42-1984 Audi Sport Quattro Rally coupe. S/N SQ85EA905108. Eng. #DSM020. White/black. LHD. Odo: 10,047 km. Ex-works team, winner in Mikkola's hands. Following retirement from period competition events, sympathetically refurbished. Silver for awhile, H & H Classic Auctions - Buxton, UK extremely charismatic 1920s Detroit iron with lots of eventing life left in stock Carries desirable registration HUP 377. All in all, a very cool ride. er. S/N 32758. Eng. #A3750747. Red/black. MED. 3.2-litre motor, Riley 8-port head, dry-sump, Winfield carbs, 18-inch Daytons. likely to be important to a football enthusiast, one of whom presumably parted with $2,800 under the low estimate to land a souvenir of the UK'r highest paid sports icon. ITALIAN #36-1986 Ferrari Testarossa coupe. S/N 70000065901. Eng. #729. Red/tan. RED. Odo: 28,494 miles. Absolutely genuine mileage and RHD. Original paint excellent, interior slightly but now well presented in original Shell/Audi Sport livery, only minor cosmetic marks, engine bay, trunk area and interior all really excellent. Cond: 1-. Sold At $168,345. One of just 200 built, only 20 assigned by factory for competition work. Huge money, considered unachievable by some pundits, was forthcoming from major rally player who promptly put 4WD supercar to work as celebrity vehicle at rally events. #69-1991 BMW Z1 roadster. S/N 066961. Green/gray. LHD. Odo: 57,514 km. 2.5-liter engine, 5-speed. Paint chips, interior slightly worn, wheels scuffed. Panel fit good. Appears grubby, wheels mint. New tires and carpets. Said to drive very well. Cond: 1-. Sold At $53,310. Minimum required was forthcoming. Even with expensive-to-change cam belts, Testarossas at this money do seem cheap. But like all glamor cars, once their moment in the sun has passed, their value plummets. Everyone wants a 360 or a 550 now. AMERICAN to have been well taken care of. Cond: 2. Sold At $21,512. Current market price for Bavarian roadster with eccentric drop-down doors was met by buyer Will never really be a collectible, but will always have oddball appeal. Won't be seen in the US until 2016, due to importation laws. #65-1996 BMW M3 Evolution convert- ible. S/N EX65439. Eng. #60281320. Blue/ cream. RHD. Odo: 75,706 miles. First owned by England Soccer captain (now Real Madrid star) David Beckham when playing for local Manchester United team—explaining appropriate player number P10 DRB license plate. Paint shows very light wear, original leather marked, alloys scuffed. Still, looks aggressive and attractive. Cond: 2+. Sold At $28,526. Even though some thought it might make more, Beckham provenance was only 62  Rally award on 1995 Monte Carlo Challenge. Also used for wedding hire. Older restoration. Well painted with good chrome, some minor event marks, engine bay only fair. Cond: 2+. Sold At $32,735. $2,000 under low estimate was accepted for seemingly all working and in South America, stored since. Locking differential, 36-gallon tank, C4 upgrade to tranny. 5-liter motor and 3-speed auto allegedly still performing well. Much savaged underneath, cosmetically extremely rough. Cond: 3-. Sold At $6,922. Estimate made, so somebody presumably wanted instant basis for long haul rally bolide. No future, though, as street Mustang. On the other hand, no great loss when you bounce over a few boulders.• Sports Car Market #26-1925 Hupmobile El Open tourer. S/N E8216. Eng. #E8375. Turquoise/blue. RHD. Odo: 25,755 miles. 4-liter 8-cylinder, 3-speed box. Shipped here from Australia 1994, known as "The Turk", won Spirit of Older restoration, evented, many minor marks, engine bay presentation only fair. Some recent vintage competition history, especially in hill climbs Engine recently overhauled. Cond: 2-. Not Sold At $17,400. Worth this (slightly more maybe), but $24,360 low estimate was unachievable. A interesting car for the myriad English activities, but needs to be cheaper. #54-1936 Hudson Eight sedan. S/N 6662396. Eng. #9732. Red/tan. RHD. Odo: 9,899 miles. 5-liter 8-cylinder, 3-speed. Came #76-1930 McDowell-Ford dirt track rac- to UK from New Zealand 2000. Older restoration, repaint and retrim slightly worn. Art deco features within most evocative, radio original, whitewalls marked. Cond: 2+. Not Sold At $17,400. Should have made this much or even slightly more—no takers, though, at $22,000 level required. #1-1971 Ford Mustang Rally convertible. S/N 2F03F153690. Eng. #0L24Y. Red/black. LHD. Odo: 37,270 miles. Seriously prepped for and assumed ruined by 2000 Inca Trail rally

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Christie's - London, UK  CI  Christie's Jack Barclay Showroom, Nine Elms, London, U.K. December 2, 2003 Auctioneer:  Number of automotive lots:  Number of automotive lots sold:  Sale rate:  Snip tntnl.  High:  Rupert Banner 30 17 57% $2 im Lot #128, 1998 McLaren Fl Coupe, sold at $1,257,750 Premium: 17.5% on the first $80,000, 10% thereafter (included in prices of sold lots) Report by Richard Hudson-Evans Market opinion in italics Fortunately for Rupert Banner and his team, buyers were secured for two of four big-money cars. While a 1965 Bizzarrini race car project and a 1974 Alfa Romeo Tipo 33 TT12 failed to hook big fish, a 1998 McLaren Fl Coupe with a serious Le Mans motor upgrade raised $1,257,750, and the once B. Paul Moser-owned 1912 Silver Ghost Roller, claimed still to be with torpedo-fronted Thrupp & Maberly-crafted Limo coachwork intact, cost a new owner $633,390. oping to cash in on auction consumers already in town for the end-of-year Bonhams sale the night before and the Coys fixture later in the week, Christie's London office held another of its select events at its Jack Barclay showroom base, south of the Thames in downtown Nine Elms. H A pair of one-owner cars from new also performed well—as they usually do—with a 22,614 miles-since-1990 Rolls-Royce Corniche III Convertible in only fair cosmetic order, staggering all by achieving a triple estimate $105,092; and an allegedly only6,600-miles-since-1988 Ferrari Testarossa in unloved state making $44,462. Each of a trio of motors crossing the Statistically, though, the $198,230 generated by a 1994 NSX GT2 Race car with twice-finishing and class-winning Le Mans provenance is certainly a new world record for a Honda car. Another significant result here was the $139,449 for a 1961 Bentley S2 Continental Drophead, a class winner at the 1997 RREC Rally. March 2004  The combined total for this pair of $1,891,140 contributed greatly to the $2,652,013 sale total. Indeed, without this contribution, the $760,873 balance would hardly have been much of a pay day for a lesser operator in the provinces. Collector Car Insurance Grundy Worldwide... The collector car insurance program that's sensitive to your needs and your wallet. • Agreed Value • No Mileage Limitations • High Liability Limits Available • Find Out How Much You Can Really Save. Call for a fast, accurate quote: 800-338-4005 or log on to: www.grundy.com for a real-time quote in all 50 states. 400 Horsham Road, P.O. Box 1957, Horsham, PA 19044 63 S Although the contents of this auction and Christie's recent European catalogues confirm the continued pulling power of the old name in consigning "interesting" machinery on this side of the Atlantic, it remains to be seen how the recent departure of both East and West Coast resident experts Miles Morris and Malcolm Welford, to set up a brokerage service on their own account, will affect house fortunes Stateside. The jury is still out on that one. Only Christie's future U.S. sale results, as ever independently reported on these pages, will provide SCM readers with a sense of how the venerable auction company is doing in the colonies.—R.H-E. ENGLISH #122-1912 Rolls-Royce 40/50hp Silver Ghost limousine. SIN 1850. Eng. #58X. Forest green over black/black and fawn. RHD. Odo: 3,130 miles. B. Paul Moser owned 197071, last seen at 2003 RM Biltmore sale. Older resto (possibly by Colin Crabbe's Antique Automobiles) 1977 when must have been stunning, paint now marked, detail going off here and there, motor refurbed by early R-R block could claim to be unique. Reckoned to be the only one surviving, a 1952 Humber Pullman Warwick "Woody" did well to sell for $29,304. Although abandoned at an insufficient $14,620, a Plus Four was almost certainly the only Morgan to have been bodied from new in 1952 by Dellow bodywork makers Radpanels. A 1963 Austin A135 with 1964 Vanden Plas hearse bodywork, whose main claim to immortality had been transporting Sir Winston Churchill on one stage of his final journey, went to a new home for $10,105. Market Reports specialist Harley. Cond: 1-. Sold At $633,390. Claimed still to be original bodied and certainly worth mid-estimate valuation. #102-1952 Humber Pullman Warwick station wagon. S/N A9000861. Black/brown leather. RHD. Odo: 29,668 miles. Restored mid-1990s, rear fender bubbling, driver's door tight fit due to swollen wood. Original interior interior very patinated. Some club prizes. Honest and appealing. Cond: 3+. Sold At $29,304. Made $3,500 over top estimate, but then this is only known survivor offour estates built. #120-1952 Morgan Plus Four roadster. SIN P2440. Eng. #V392ME. Yellow/brown. RHD. Odo: 47,424 miles. Reckoned to be unique with this body (steel tubed rather than ash-framed). One-off suicide doors, fiberglass

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Market Reports Christie's - London, UK front fenders. Interesting period comp history. House carpets. Disc wheels, space for dual spares. 1991 repaint flat and marked. A driver. Cond: 3-. Not Sold At $14,620. $17,000 or so plus premium being sought, plus likely to be sluggish performance, combined to put off punters from taking home rare one-off Mog. In this case, rare is not the same as valuable. #126-1954 Jaguar XK 120 Roadster race car. SIN W587085. Red/black. LHD. Odo: 29,432 miles. Vintage racer. La Carrera Panamericana campaigned 1992-96. Old repaint Odo: 2,357 miles. Restored in 1992, not ridden since 1993. Paint now flat, chrome pitted. Cond: 3+. Sold At $8,488. 4 - cylinder Ariels have become quite rare. Apparently sound and ready for use, this one brought $1,600 over top estimate. #119-1958 Land Rover 88 utility. S/N R111800039. Eng. #1118000647. Red/black. RI-ID. Odo: 40,292 miles. Ex-West Sussex Rally. Repaint, rechrome and retrim all still excellent, driver's seat leather slightly grubby. Cond: 1-. Sold At $139,449. Fully deserved top estimate, price paid. Rare, with just 388 built, and classically handsome in a way that the new Phantom can only aspire towards. #108-1965 Jaguar 3.4 S-Type sedan. S/N PLB 3997 BW. Eng. #7B 4623/8. Opalescent blue/blue leather. RHD. Odo: 889 miles. Automatic. Claimed to be genuine low mileage, having been stored for 30 years before 1997 restoration. Converted to run on lead-free flat and battle-scarred, shabby presentation, trimless, peaked roll-over bar braced to dash. Hurst shifter, Tilton brakes, fiberglass body. Cond: 4+. Not Sold At $32,680. Too rough, specialized and, with $48,160 lower estimate, far too pricey for audience here. Ideal for "anything-goes" UK XK Series Open Class racing, nearly worthless for anything else. #115-1955 HRG Twin Cam racer road- ster. SIN 1N503/TL. Bare aluminum/black. RHD. Odo: 2 miles. Based on original prototype chassis and running gear, reunited with original body claimed too. Unpainted matte Fire Brigade. Chassis and body panels crudely repainted, seats and top canvas good. Front winch, controls for rear PTO. Cond: 4+. Sold At $9,902. Correctly valued at just over lower estimate. Ancient Landy primitives are still pop with Tweedies on this side of the pond. #125-1964 Austin A135 Princess hearse. S/N V-DH3/I5638. Eng. #15667. Black/ beige. RHD. Odo: 12,251 miles. Sir Winston Churchill was the most famous final journey passenger in 1965. Paint marked, origina gas. Wide chrome wires. All rust repaired with metal. Repaint from then still excellent, chrome pitted, retrim good apart from splits to driver's seat leather. Cond: 2+. Not Sold At $20,640. $25,800 being asked for looked far too expensive for Jag that seemed to be worth nearer $17,000. Obviously more than that has been spent on this car, but all that just becomes a gift for whomever the new owner is, not an investment that has any repayment potential. #114-1970 Aston Martin DBS Vantage coupe. S/N DBS5686R. Eng. #4004774SVC. Fiesta red/black leather. RHD. Odo: 49,101 miles. 5-speed, chrome wires. Older repaint, now only fair with some chips, chrome very arimm6 dit aluminum, only one bucket, mechanical refurb claimed with short-stroke 1.5-liter motor fitted. Cond: 3-. Not Sold At $65,360. Without any event eligible FL4 papers plus some recent retro race form, $94,600 minimum valuation would be most unlikely. A lot of stories here, and the more numerous the stories, the more difficult the sale. #100-1956 Ariel Square Four motorcycle. S/N GM 529. Eng. #ML 517. Black/black. 64 leather cracked and distressed. Not in good order, runs but needs a lot of work. Comes with VHS copy of funeral procession showing car. Cond: 4. Sold At $10,105. Minimum money forthcoming for sad vehicle in need of recommissioning. Hearse collectors must be a strange lot. #117-1961 Bentley S2 Continental DHC. S/N BC 120 CZ. Eng. #C119 BC. Balmoral green/magnolia. RHD. Odo: 73,871 miles. In receipt of $154,900 restoration by Wildae and P & A Wood, pre-1997 when won its class at the Rolls-Royce Enthusiasts Club Annual good. Milky windshield edge. Original interior creased. Unleaded conversion done, clutch recently replaced. Nice but not a show car. Cond: 2-. Sold At $24,252. $3,600 over top estimate result due, in part, to attractively pitched reserve. Even at this price, DBS, par- Sports Car Market

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 Christie's - London, UK  ticularly with triple-Weber-fed Vantage-spec DB6 motor, represented good value. #101-1987 Lola T87100 Cosworth DFX CART single seater. White/black. MHD. 2.65 liter DFX V8, five-speed sequential box. Event beige. RHD. Odo: 15,939 miles. Alloys. Genuine low mileage but abused with passenger side dents, paint marked, passenger seat squab badly ripped. Power steering declared noisy. Electric top not working. Broken odometer. Cond: 3. Sold At $11,722. Despite poor cosmetics (albeit relatively cheaply sorted), just over mid-estimate money available. Sadly, getting power steering, odometer and power top repaired will cost nearly half the amount spent here. And I'm sure the list of needs doesn't stop there. #105-1990 Rolls-Royce Corniche HI convertible. SIN SCAZDO0A6LCH30108. Eng. #70583LCH30108. Black/magnolia leather. RHD. Odo: 22,614 miles. Genuine mileage marks, presented as last raced by Genoa Racing 1990. No known successes, needs complete mechanical overhaul before setting out on track again. Cond: 3. Sold At $27,283. Temptingly set $13,760-$20,640 estimate band certainly shook some bids out of tree, winner being prepared to invest $6,643 over high estimate. For his money, he got little history worth reading, though genuine Lola chassis fitted with genuine DFX #103-1988 Jaguar XJS V12 convertible. S/N SAJJNADW3DA 15 1528. Bordeaux/ by one deceased owner. Original paint flat and bumpy in places, no top cover, wind-wing glass smashed. Said to run well but should be checked over. Cond: 3+. Sold At $105,092. $25,800-34,400 estimate band was rapidly overtaken to triple top estimate result. Very reasonable end price for what seemed to be a very nice car #106-1997 Bentley Turbo R Sport LVVB sedan. SIN SCBZP15C9VCH60306. Eng. #88599L410M1T I T. Black/magnolia. RHD. Odo: 40,000 miles. 400-hp turbocharged 6.7-liter V8. One deceased owner estate sale. CLASSIC SHOWCASE The Jaguar Specialists "Offering a fine selection of European Vehicles" Order our FREE quartet* E-Newsletter! 31, March 2004 Jaguar Club News. Classic Car Features Upcoming Events - News and information you can use! LASSIC Visit us online at www.classicshowcase.com Sales 760 747 3188 Buying/Restoration 760 747 9947 Fax 760.747.4021 Preview by appointment please. management@classicshowcase.com .•• .• I. . •• •.. . SHOWCASE "Get the whole story of Exotic Car Transport visit us on the Worldwide Web." 1-800-766-8797 www.exoticcartransport.corn Nationwide Transport of Exotic, Vintage and Luxury Automobiles Indoor Stort;sa AVa:.e.:s, .8 65 Market Reports Original paint with some marks, re-Connollised interior soiled. Imposing. Cond: 2. Sold At $54,567. Just over top estimate valuation. Lots of motor car with lots of grunt. Assuming it is as good as it seems, a lot of car for the money. #128-1998 McLaren Fl coupe. Sasr SA9AB5AC4W1048073. Eng. #GTR LM Exotic Car Transport ORLANDO FLORIDA Open and Enclosed Carrier Service! .... ,  ....a.f,..,:,._ ....,  .

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Market Reports 611216053. Orange/magnolia. MED. Odo: 18,504 km. One owner, LM-spec motor (only 3,000 miles), extra downforce kit option. Front splitter edge chipped, rest of car cosmetically mint outside and in. Cond: 1-. Sold At $1,257,750. $225,750 over top estimate of $1,000,000 paid can only boost all McLaren Fl residuals, although this one did combine LM power (691 bhp at 7500 rpm) with internal comforts of standard model. One of the rare supercars that hasn't gone down in value. FRENCH #111-1898 Darracq 4hp 2-seat voiturette. Eng. #160. Primer/black. RHD. Single cylinder. Restoration project, minor pitting to chassis, coal-scuttle front panel rusty. Rear fenders, Danish-restored post-1967. Minor marks to paint, plating on wheels in need of refurbishment. Interior still good, original instruments, engine bay very clean. Original engine, gearbox and front and rear axles. Cond: 4+. Not Sold At $82,560. In excess of $200,000 sought unachievable in this condition, even though four-seater cabriolet coachwork was original. GERMAN #I16-1919 Mercedes-Knight tourer. S/N 20190. Eng. #53505. Claret/dark green. RHD. Odo: 69,885 miles. Delivered new to New York. Older repaint flat and marked. Horse hair rently high-fashion camper given mid-estimate valuation. Hope new owner doesn't try to go uphill against a headwind ITALIAN #109-1963 Maserati Mistral prototype coupe. S/N 101960 (restamped). Eng. #101960. Red/burgundy. LHD. Odo: 34,357 km. Cape Town show car. Repaint glossy, finish around edges poor, one rear fender microblistering. Masking evident, brightwork radiator, engine ancillaries and control rods missing. Cond: 4+. Sold At $25,262. Very early veteran, taken on for $5,700 under low estimate. Should be relatively straightforward to return to highway. If so, may then have been cheaply acquired #121-1903 Renault N Series C 10hp tourer. S/N 2262. Eng. #244. Red with black fenders/red. RHD. 1,272 cc water-cooled twin stuffing coming out though original leather seats. Tired but very attractive. Cond: 3-. Not Sold At $129,000. $150,000 or so being sought excessive for condition, though open Mercs of this vintage rarely come to public market. #124-1953 Mercedes-Benz 300 limousine. S/N R/186 011 00 862/53. Eng. #186 902 00708/53. Fawn/green. RHD. Odo: 93,364 miles. 3-liter, 6-cylinder, four-speed manual on floor. Repainted at some time, now with bubbling and chips to door edges, brightwork pitted, original interior unmarked. No history poor, interior and engine bay present well. Cond: 3+. Not Sold At $24,080. Recently refurbished, and probably worth around the $30,000 required. Chassis restamped to avoid paying South African import duties. Confirmed as prototype by Orsi. Mistrals are simply out of favor, which means they are good buys—so long as you don't expect to make any money in the short term on one. #112-1965 Bizzarrini America 5300GT ' ■:.7.01wri7 AZIO " cylinder. Cream wood spokes, beige top. No odometer. Mostly original with some body modifications. Older restoration, paint very flat, now altogether shabby. Cond: 4+. Sold At $82,560. Despite poor condition, at $18,000 under low estimate this was a fair price for 100-year-old car #113-1932 Bugatti Type 49 DHC. S/N 49506. Eng. #399. Burgundy/black. RIM. coupe. S/N BA4 0106. Red and yellow/black. RHD. Odo: 4,637 km. Replacement 7-liter Chevrolet engine. Period comp history unexceptional. Resto project today consisting of GRP body with integral chassis, aluminum with car, but appears to have been well taken care of. Cond: 3+. Not Sold At $27,520. As presented, probably worth no more than $31,000 and not the $38,000 forecast as the low estimate. Aside from serious Mercedes collectors, these limos have a very small following. Lack of paperwork hurt here as well. #127-1959 Volkswagen Type H Deluxe 23window bus. Black over orange/fawn. LHD. Odo: 92,963 km. Crudely and thickly repainted with bubbling beneath paint on bottom of front panel. Roof windows renewed, original interior grubby, steering wheel cracked. Average condition, that is to say better than 95% of the microbuses still extant. Cond: 3. Sold At $28,294. Despite poor external cosmetics, cur 66 Christie's - London, UK hood and trunk lid intact but poor, no Perspex side or rear windows, much missing. Driven at Le Mans by Posey. Not running. Cond: 4-. Not Sold At $550,400. Despite offering much retro-race potential, this positively last Le Mans Sports Car Market

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Now Open For Enrollment SCM INSIDER'S SEMINARS "Keith's style of pointing out his own mistakes is refreshing and a departure from some of the big egos found in this hobby." —Bill Bryan, Orland, FL CI RIR, Amelia Island, FL "You'll Never Look at a Car the Same Way Again" March 13, 2004 • 10 a.m. to 12 p.m. $175 subscribers / $250 non-subscribers Includes catalog and admission FINANCIAL SERVICES Premier RM AUCTIONS INC. CollectorCar &Bod Imurance PASSPORT _ E 17.11411E-C-P-A FNIE, Custom  I .4 4111/1.117% Barrett-Jackson, West Palm Beach, FL "Knowledge is Horsepower" March 19-20, 2004 • 10 a.m. to 12 p.m. both days $235 subscribers / $300 non-subscribers Includes catalog and admission .44/i/AS-eae46-it_ HAGER11 CoilactorCar &Bost Inantenoe Putnam Leasing To enroll, and for information, contact David Slama, 503.261.0555 x 206; david.slama@sportscarmarket.com ; or register online at www.sportscarmarket.com

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Market Reports  Iso/Bizzarrini to be discovered failed to secure benefactor with likely to be over $600,000 required, not forgetting the additional $140,000 minimum needed to restore the car #118-1974 Alfa Romeo T33 T12 prototype racer. S/N AR 115 12 008. Eng. #08. Red/black. RHD. 3-liter flat twelve, 500-hp. Cond: 2-. Sold At $198,230. $26,000 over guide price paid for FIA GT and ALMS series eligible, ready-to-race supercar Attractive and unusual, sure to attract attention wherever you show up. Older repaint slightly dull, period-authentic livery, well detailed to competition rather than concours standard. Extensive documentation of history and current servicing come with. Cond: 2-. Not Sold At $584,800. Some really strong period Euro race history failed to extract necessary funds from new owner Only 12 normally aspirated cars built (2 supercharged). Generally have been worth less than the V8 models. Very fair offer here. #104-1988 Ferrari Testarossa coupe. S/N 73391. Eng. #00564. Red/black. RHD. Odo: 6,600 miles. One owner and original miles claimed, sold from estate. Still original paint flat, with chips. Front corner scuffed, work panniers. Unused in recent years. Cond 2-. Not Sold At $89,440. Unsurprisingly, nonrunning steamer could not raise anywhere near $112,000 low estimate. Steamers continue to grow in popularity, but sellers seem to raise estimates of value just ahead of the market. much seat belt wear to driver's seat bolster, dash top distressed, wheels good. Light damage to bodywork on rear three-quarters, dents on roof, bumpers dinged from parking, dash sunbleached. Sat outdoors since May 1999. Cond: 3-. Sold At $44,462. Considerable wear and tear did not deter new owner paying $18,662 over guide price. Attractive "25 SHY" registration plate may have helped. There will be no good, or cheap, surprises with this car JAPANESE #129-1994 Honda NSX GT2 race car. S/N JHMGT1603T000001. Red/black. LHD. Good Le Mans provenance (1995 class win), originally Kremer Bros prepped. Presented as last raced in 2003, event worn with cosmetics only fair, new BBS wheels. Enough spares available to build another car, but not included with sale. 68 #107-1962 Ford Thunderbird roadster. S/N 2Y85Z104583. Caspian blue/light blue. LHD. Odo: 87,437 miles. True sports roadster. US restored 1997 employing new old stock AMERICAN #110-1904 White D Steam 20hp tourer. Eng. #1797. Olive green/tan. RHD. Older restoration, dullish Museum exhibit condition. Likely to be period coachwork, with wicker Christie's - London, UK 831 Bonhams Olympia 2, London, U.K. December I, 2003 Auctioneer:  Number of automotive lots:  Number of automotive lots sold:  Sale rate:  Sale total:  High:  James Knight 76 52 68% $1,946,662 Lot 1041, 1909 Rolls-Royce 40/50-hp Silver Ghost Barker-style Roi de Belges Tourer, sold at 5626,940 Premium: 15% on the first 00,000 (approx. $55,500), 10% thereafter Report by Richard Hudson-Evans Market opinion in italics B parts, award winner Kansas City, Houston and Reno. Corner weights, Sports Roadster tonneau, grab-bar, Kelsey-Hayes. Still very nice indeed with concours detailing. Cond: 1-. Sold At $44,462. Just over minimum guide price paid for what has to be nicest 1962 T-bird Roadster in UK. Could probably make a higher price in the US, where these cars continue to grow in popularity.• onhams staged its annual marathon event in London's Olympia 2, kicking off the end of the 2003 season with 686 lots, 76 of them cars. The auction occupied the ground floor and basement, where the bidding was conducted in front of a standing-room-only crowd of Christmas shoppers. The total take for the U.K. Car Department's long day's work exceeded $3,956,000, with buyers secured for seven out of every ten cars on offer. A restored Rolls-Royce 40/50-hp Silver Ghost with Roi-de-Belges tourer accommodation of 1909 vintage stood atop the leader board at $626,940. A well-craftedin-1995 facsimile of a 1934 2.3-liter supercharged Bugatti T55 realized $305,300; the originally circa-1914 and frequently recreated Kline-Duesenberg "Jimmy Junior," $239,080; a 1927 Bentley 4-1/2-liter with long-wing tourer coachwork by Vanden Plas, in the same ownership for almost fifty years, $220,160; and a 1902 Panhard-Levassor 7-hp open rear-entrance four-seater, onefamily-owned since 1905, $150,156. Highlight of the automobilia section was undoubtedly the clearance items from the workshop of the retiring master modelmaker Gerald Wingrove. His final work-in-progress realized over $168,560, with $29,670 being achieved by a chassis model of a 1933 Duesenberg SJ that had been forecast to make $6,880-$10,320. (See "Motobilia," page 84.) The Lawrence Collection of one exScott factory team TT race motorcycle and four further veterans from the same marque performed extremely well too, raising a total of $142,416. The former World War I dis- Sports Car Market

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patch rider's early 1910 Scott 486-cc bike soared above $20,640-$24,080 estimate to make $37,582. In an adjoining and absolutely packed hall, Bonhams was also flogging off much British Airways Concorde memorabilia for charity, with a further 1,000 aviation enthusiasts snapping up every souvenir going. These included a Speedbird nosecone in which someone nostalgic for the nowbygone era of supersonic flight happily invested a staggering $550,400. Beauty is, of course, in the eye of the beholder, however afflicted, addicted or stark-staring bonkers.—R. H - E . ENGLISH #1041-1909 Rolls-Royce 40150hp Silver Ghost tourer. S/N 1203. Eng. #1203. Silver/ dark green. RHD. Last restored by Ghost guru Jonathan Harley 1999, 8,000 miles since, still near mint externally. Enhanced by electric from new with VDP body and motor claimed to be original. Last full restoration 1971, unused since 1988. Fabric, paint, chrome and interior all good, engine bay in need of makeover. Cond: 2+. Sold At $220,160. Still to original specifications and with fully charted history explains why UK trader paid $65,000 above high estimate. Just three owners from new 665 total built. Terrific for events, will always be highly sought after from Australia 3 years ago. Ally panels unpolished and marked, fender paint micro blistered, vinyl seats very old. Side-valve engine recently reconditioned. Cond: 3-. Sold At $17,308. Used regularly, so new owner shouldn't have to worry about immediate fixes. Price was in line with estimates, a fair deal for all. #1022-1927 Bentley 4 1/2-litre tourer. S/N NT 3139. Eng. #NT 3139. BRG with black fenders/red. RHD. Odo: 6,137 miles. 3 owners #1050-1927 Rolls-Royce Phantom I limousine. S/N 91EF. Eng. #CX25. Dark blue over white/black. RHD. Last revived circa 1970. Much shrinkage and cracks to still- original coachwork, interior good. Imposing. Cond: 2-. Not Sold At $65,360. (Estimate $25,800-29,240). No bidder spotted (not even on wall!). Having clearly seen better days, this now rather unfashionable dowager required costly facial—for starters. starter and Auster screen. Replica coachwork built by Willis in 1972. Event used and event ready. Cond: 1. Sold At $626,940. Really well done, hence $30,000 over high estimate. Even though replica coachwork, still has original engine. One of just 16 "parallel-bonnet" Silver Ghosts known to exist. A blue chip classic. #1074-1912 Rolls-Royce 40/50hp Silver Ghost tourer. S/N 2018. Eng. #15G. Ivory/red. RHD. Last restored post-1991 when Barkerstyle body was installed. Much evented since, Sport Seats Classic Seats for Classic Cars Upholstered specifically to match your car's interior using your car's original materials and stitching pattern. Fixed or adjustable position seat back. Available in your original vinyl and/or cloth, or in super high-quality leather. Available "as is" in Italian vinyl/cloth. Alfa GTV 2000 Original Alfa Duettol Kamm-Tail Original igN Sport Seat as Alfa GTV 2000 Porsche 9111912 Imagine your matching materials on either version of our sport seat though still cosmetically good. Overdrive on 2nd and 3rd gears, power steering, larger rear brakes, alternator, modern indicators. Detailed engine bay. Cond: 1-. Not Sold At $232,200. $310,000 being sought was wildly ambitious for over-modernised replica-bodied Ghost. #1020-1925 Riley 11/40 11.9hp tourer. S/N 6995. Eng. #4579. Bare aluminum over red/ red. RHD. Odo: 5,634 miles. Returned home March 2004 Sport Seat as Alfa DuettolKamm-Tail Alfa GT V 1600 Original Sport Seat as Alfa GTV 1600 Adjustable seat "As Is" From Italy Fixed back seat "As Is" From Italy phone: 713-849-2400 www.reoriginals.com fax: 713-849-2401 69

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Market Reports  #1029-1930 Standard 16hp Avon Swan coupe. S/N 115382. Eng. #A200006. Green/ green. RHD. Odo: 500 miles. Cosmetic and Bonhams - London, UK mechanical refurbish some time ago, only minor wear to paint, chrome and interior. Cond: 2+. Not Sold At $23,220. Too specialized to warrant $27,500 minimum required. Standards, even coachbuilt ones, are simply not "in" anymore. #1071-1932 Morgan JAP Super Sports 3-wheeler. S/N R174. Eng. #LTOWZ/2/711890/S. Dark green/black. RHD. Beetlebacked Super Sport. Restoration project, Imposing. Cond: 2+. Sold At $108,532. Well maintained since restoration and worth money paid Hard to find these behemoths in such good condition; most have gotten run down and simply aren't worth restoring. #1076-1934 Lagonda M45 Rapide Warless saloon. S/N Z11131R. Eng. #2817. Black over blue/blue and grey. RHD. Odo: 6,532 miles. 1934 Olympia show exhibit car. $140,000 invested in restoration post-1987, and interior all still very good. Cond: 1-. Sold At $35,604. All these closed 20/25s seem to sell in the $35,000—$40,000 range if in nice order I don't quite know what someone would do with one, but they certainly look nice parked in the driveway when it formal party time. #1051-1939 Bentley 4 1/4-litre sedan. S/N B148MR. Eng. #Y4BP. Black over silver/ black. RHD. Odo: 86,767 miles. "High Vision" bodystyle with glazed roof panels over driver. Overdrive gearbox. Amazingly as yet panels surface rusty, partly dismantled though apparently complete. Upgraded with MG Midget brakes. Original engine. Cond: 4. Not Sold At $20,640. This bid should have been more than enough for a project which had $25,800 aspirations. Cute tax-dodging vehicles, they are almost completely useless on the road today. #1058-1933 Rolls-Royce 20/25hp tourer. SN GYS39. Eng. #J8G. Light blue over black/ navy. RHD. Replica coachwork in "barrel' originality retained where possible. All still very good with only minor cosmetic wear. One of six Lagondas fitted with Gurney Nutting coachwork. Cond: 2. Sold At $76,368. History helped to raise top estimate, about right for condition. Lagondas are for the sophisticated collector and have a dedicated following. They were quite sophisticated for their time. #1046-1934 Rolls-Royce 20/25hp sedan. S/N GPC 10. Eng. #W3V. Maroon/maroon. RHD. Odo: 19,147 miles. Original coachwork. Claimed to be running restoration project. Paint very poor, fenders scuffed, chrome poor, unrestored, original exterior and interior worn but nicely patinated. Sold At $47,472. Funding professional repaint, rechrome and retrim would push total bill for buyer to over current retail here. Still, the unrestored nature of the car is worth the premium paid Wonder if the new owner can leave well-enough alone and just drive the car as is? #1043-1949 MG TC (Midget) roadster. S/N TC 9279. Eng. #XPAG 10000. Green/ beige. RHD. Odo: 2,485 miles. Restored 1987, after which Benson & Hedges Concours Final qualifier. Some stone/wear chips, paint not so style featuring fold-down windshield. Repainted with hood and tonneau renewed in 2001. Chips to paint, cheapie vinyl interior, odd color. Cond: 3+. Not Sold At $19,780. Ugly, crude and not worth the $26,000 required. #1052-1933 Rolls-Royce Phantom II 40/50hp sedan. S/N 90 MY. Eng. #LZ58C. Dark blue/red. RHD. Odo: 53,353 miles. Same owner last 21 years. In receipt of $85,000 restoration in 1984, cosmetically still very good. 70 driver's window cracked, rear leather original. Cond: 3. Sold At $24,725. Despite bodywork by second-tier coachbuilder, top estimate money paid Let's hope the new owner doesn 't value his time very highly, as he's about to invest a lot of it. #1049-1935 Rolls-Royce 20/25hp sedan. S/N GLG35. Eng. #T4D. Maroon/maroon. RHD. Odo: 12,280 miles. One-family owned since new. Restored in 1979 with paint, chrome sharp on out of sight panels. Interior still very nice. Cond: 2+. Sold At $30,659. Bravely auctioned without reserve, a practice far less common over here than in the US. Success for the seller in this case, as new owner had to pay $6,500 over top estimate, strong retail money. However TCs will always elicit a smile when they go down the road, as they conjure up memories of post-WWII Yanks having their first taste of a sporting English car Sports Car Market

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Bonhams - London, UK  #1017-1949 Riley RMC roadster. S/N 59535184. Eng. #31794. Red/magnolia. RHD. 2.5-liter, 100-hp engine. Freshly and fully restored in Sweden. Paint, chrome and interior all very good, bench seat repadded and car- requisite Heuer and Halda equipment. Still very nearly mint with great detailing, louvered bonnet, leather strap, Monza filler. Cond: 1. Sold At $97,180. Quality restoration to super spec in great condition, hence result. Their UK auction results shows Dawes XICs are much sought after A lot of money, but a lot of car for the money, and from a reputable builder #1067-1954 Arnolt-Bristol Racer Road- ster. SIN 404X3042. Eng. #BS1 Mk2 244. White/black. LHD. Odo: 46,381 miles. 2-liter 6-cylinder Bristol engine. US club raced until 1980s, since when UK-registered and newly pets renewed. Engine rebuilt with new crank 10,000 miles ago. Road ready and licensed. Cond: 1-. Sold At $32,637. Near spotless condition responsible for top dollar deserved in this case. An unusual car, and you wouldn't want to buy it any other way—the cost of redoing the coachwork alone, with its compound lines, would be immense. 1951 Jaguar MK 120 rally coupe. S/N 679132. Pale green/green. LHD. 220-hp engine, C-type head. Limited slip. Restored and much modified for rallies in the mid1990s by fussy specialist Nigel Dawes. Has all #1025 - restored with fresh race-spec motor. FIA/FIVA papers plus all road license work. Overall very attractive. Cond: 2+. Sold At $78,260. US entrepreneur Stanley Harold "Wacky" Arnolt would have been proud of this valuation for one of only 130 of his cars. A very low survival rate means that these always attract attention when they come to auction—few have the documentation, or are in the fine condition, of this one. A small bargain here. #1069-1958 Cooper-Climax Type 45 Racer. S/N F11-10-58. Eng. #FPF 1041. Dark green/dark brown. MHD. Coventry Climax FPF 2-litre motor, "Driver - Jack Brabham" signage. Paint excellent, suspension bits sharp. Worn bucket seat leather and large woodrim almost certainly original. Gas tanks flanking cockpit scary for today's pilots. Race ready. Cond: 2-. Sold At $105,694. $14,700 below lower estimate was wisely accepted. Even blessed with period (Lewis-Evans/Brabham) and retro (Moss) race form, such F2-Tasman Coopers have become hard to sell of late, as many of today's Historic racers are opting for later; more competitive and easier to maintain kit. #1040-1959 MGA Police roadster. S/N GHN 70453. White/red. RHD. Odo: 47,763 miles. One of 50 MGAs built for police work with specially calibrated Jaeger speedometer. Siren, lights, etc. Special chassis to twin-cam specs, although with rear drums rather than discs. Restored 1998, only 5,000 miles of shows/ parades/course car work since, still cosmetically good. Cond: 1-. Sold At $25,714. Wellexecuted oddball was acquired by vendor right What do these have in common? Insurance for Classic Cars Costs Less Than You Think! SAMPLE QUOTE 1953 Jaguar XK120 Insured Value: $60,000 Liability & UM: $50,000 Annual Premium $326 Ask for Gary Gandy • "0" Deductible • One Liability Charge  GRE 11fER/CAN (800) 678-5173 www.parishheacock.com March 2004  Parish" Heacock INSURANCE FOR AUTOMOBILE ENTHUSIASTS info@tarletonbull.com tarletonbull.com 541.687.7003 877.566.5541 71 • 24 Hour Claims Service • "Agreed Value" Coverage • Credit Card Payment Option "A" Rated Insurance Co. • Prototyping and Limited Run Manufacturing Market Reports •Nkftre 10.

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Market Reports  Bonhams - London, UK vintage runs. Cond: 3+. Sold At $87,720. Having transported Bonhams Chairman and auctioneer Robert Brooks and family to Brighton last November, this clearly all-working Vet raised $27,500 over estimate. Is this Brooks provenance at work, or was the car just wildly underestimated? here at Olympia December 2001, for $22,862. Since then it has done Goodwood Course car duties. Drive a classic for two years and break even, not a bad deal! #1077-1961 Rolls-Royce Silver Cloud H sedan. S/N SAE21. Eng. #10ES. Black over green/green. RHD. Restored 1997, panels rebuilt in 1999, auto-box 2001. Comes with receipts for work totalling $59,400. Cosmetically just okay. Cond: 2. Sold At $49,450. $5,500 less than low estimate and current retail asking price accepted—wisely, too, as market for once stately limos is very niche. Plus, it will take a lot of hiring out to cover the sure to be soonarriving repair bills. #1030-1974 Triumph GT6 coupe. S/N 21477KE. Eng. #KE-021506HE. Yellow/ black. RHD. Odo: 49,320 miles. Sunroof. Original miles. 1990s restored to award-winning concours standard, still mint and well #1037-1901 De Dion Bouton 4 1/2 hp 3seat voiturefte. S/N 3543. Eng. #4790. Dark green/black. RHD. Said to cruise at 25 mph, a somewhat frightening proposition. Paint chips, apparently sound, paint and chrome shining brightly, wood and leather good. Cond: 2-. Sold At $31,648. Amount paid was slightly under current retail. However, this car seemed sound, so a slight premium for condition seemed reasonable. Putting a bad SCH right is a never-ending nightmare. #1023-1962 Austin Healey 3000 Mk H BT7 rally roadster. S/N BT7L/17210. Eng. #29E/RU/H3587. Red/red. LHD. Odo: 34,432 miles. Ex-LA, UK restored and rally prepped in 2000 (although apart from one Monte Challenge little used). Side vents, humpy trunk lid fenders marked, leather old, motor recently rebuilt, rewiring incomplete. 8-day clock on dash (best way to measure progress?). Cond: 2-. Sold At $72,584. Much exercised preand postwar by Colonel Wellingham, who bequeathed Martha (his name for the car) to vendors Veteran Car Club, one of whose members had to pay $21,000 over high estimate to secure her services. Again, known history and good condition combine to produce top prices. #1063-1902 Panhard-Levassor 7hp four detailed. Can't reasonably fault in any way. Cond: 1. Sold At $23,242. Agreeing to No Reserve status really paid off for vendor who was paid out on $6,000 over top estimate result (albeit less Bonhams commission). Big money for GT6, though restoration was top quality. These mini E-types are gaining in popularity, and as so few of them have survived, good ones are bringing ever stronger dollars. Dogs, however, can continue to just bark in their lowdollar pounds. FRENCH covering single spare and huge gas tank. Half cage, low-back buckets leather trimmed, Halda Speedpilot+Twinmaster, triple SUs, free-flow exhaust, in well presented engine bay. Cond: 2+. Sold At $41,538. Even at top estimate paid, when prep work done was added up, this ready-to-rally Squealey was well bought. Also has road license. If you've got the use, this was a terrific deal. #1053-1970 Rolls-Royce Phantom VI lim- ousine. S/N PRH 4572. Eng. #4572. Graphite over silver/black. RHD. Sold new to Curzon House Club, present owner since 1992. Engine 72  Sports Car Market #1075-1901 Darracq 6 1/2 hp rear entrance tonneau. S/N 686. Eng. #1199. Dark blue over black/black. RHD. Single cylinder. Older restoration, event worn (well-known London to Brighton Run regular), some shrinkage to paint. Declared ready for more seater. S/N 5359. Eng. #5359. Green/black. RHD. One family owned since 1905! Restored 1973-93 with fair cosmetics. Claimed to be running although not yet roadworthy. Cond: 2-. Sold At $150,156. Such is strength of Vet market, $21,000 over high estimate paid. And how often do you get to be the second owner in 100 years of a motorcar? #1070-1932 Delage D8S 4-litre Sportsman's coupe. S/N 36059. Eng. #41S. Black over blue/blue. RHD. Odo: 916 miles. 8 cylinder, 4-liter engine. Displayed in Scottish Doune Collection, extensively restored

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Bonhams - London, UK  to highest quality in recent years. Body-off, retimbered and paneled as necessary. All still to Concours standard. Cond: 1. Sold At $131,236. Fabulous looker, super workmanship, most drooled-over item in saleroom. Secured by London trade for near top estimate money, though buyer expects to get price paid plus profit back Always easier to sell a top product than a fixer Delage in its era was a competitor to Hispano-Suiza, Isotta-Fraschini, Mercedes and Rolls. #1073-1995 Bugatti Type 55 replica roadster. S/N BC 92. Eng. #55. Yellow over black/black. RHD. Odor 1 mile. Described as "matching reproduction" rather than "replica", with copy chassis by US specialist Ray Jones. Has some original Bugatti parts, including of $122,000. Panels, paint and trim still good with only minor wear. Cond: 2-. Sold At $45,527. Hong Kong restoration may have deterred some. Price paid was sufficient for Touring spec RS with steering conversion. front axle, radiator, magneto, starter. Build completed 1995, only used sparingly since, cosmetically good rather than excellent. Handsome. Cond: 1-. Sold At $305,300. Current value of what is one-off established here. Beautifully done, gathering patina with each auction (acquired by vendor at Brooks sale during 1997 Goodwood Festival of Speed). But even at $300k, will never be more than a nicely done bitsa, and that a charitable description, isn't it? GERMAN #1064-1909 Benz 60hp two-seat raceabout. S/N 1920. Eng. #2911. Ivory/black. RHD. Odor 16,057 km. Post-1991 replica body. Hailed from Argentina, restored post-1991 with bodywork said to have been replicated (and likely AC Bti  Cisitalia, Cooper,  much else besides!), well presented, lots of brass to polish, exposed drive chain, would need to have dating authenticated by VCC before serious eventing. Cond: 2+. Sold At $63,124. This was more than enough for what was only replica of original Pozzi/Machi raced machine ($344,000-516,000 estimate in catalogue having been updated by "No Reserve" saleroom notice). There always seem to be a few fabulous cars mysteriously appearing March 2004  ITALIAN #1032-1954 Lancia Aurelia B20 GT 2500 5e4 coupe. S/N B20 3271. Eng. #B3874. Green/grey. RHD. 118-hp V6. Restored early 1990s, with complete photographic records. Engine and transaxle done by marque specialist Tim Barrett. Still cosmetically very good, optional air-scoop on hoof, high-lift cam, Weber 40DCZ, Nardi floor-change conversion. Cond: 1-. Sold At $51,428. Although super example of one of most desirable of 1950s GTs, $17,000 over high estimate paid may turn out to have been extremely extravagant. On the trim split, top fabric marked, wheels only fair $6,600 in receipts for recent work including brakes and clutch. Cond: 3. Sold At $27,692. Somebody clearly wanted this open Dino enough to pay $7,000 over top estimate, excessive for condition. Yet these are handsome cars, and if they had a less ill-starred name than Fiat, would surely bring more. AMERICAN #1079-1914 Kline-Duesenberg Jimmy Junior racer. S/N 1134. Eng. #D307. Polished aluminum/black. LHD. US dirt- WANTED , Amilcar, Alta, Bandini, 328 BMW, Bugatti, ada, DB, Delage, Delahaye, DeSanctis, Denzel, Devin, Elva, Ermini, Fiat 8V, Fraser Nash, Giannini, Giaur, GN, Gordini, HRG, Isis, Kieft, Lancia, Lola, Lotus, Moretti GS, Nardi, OSCA, Porsche, Riley, Siata, Taraschi, Tojero, Veritas, Volpini, Wonderer or any similar two or single seat car in any condition. Finder's fee paid gladly. BB One Raymond Milo, le patron  323.656-7483 Exports bbone8v@dslextreme.com fax 323.654.8788 8375 Hollywood Blvd., Los Angeles CA 90069 73 from South America every auction season. Their metal needs to be carbon dated, that's for sure. #1090-1973 Porsche 911 2.7 Carrera RS Touring coupe. S/N 911 360 1036. Eng. #6631012. Tangerine/black. RHD. Odor 50,000 km. Factory-fitted with limited slip, sport seats and Touring Package. Restored and converted to right drive in Hong Kong by German Motors Ltd. of Kowloon at cost - Market Reports other hand, these are always popular event cars, and getting a rough one to the well-sorted condition that this one is in can be expensive and time consuming. #1027-1972 Fiat Dino 2.4 roadster. S/N BS0001236. Blue/black. LHD. Odor 72,074 km. 2.4 liter, 5-speed ZF. Just 424 built (as opposed to 1,133 2-liters). Repaint good, seat

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Market Reports  GOYS Founde 1919 LONDON Coys London, UK December 4, 2003 track racer. Four-cylinder Duesenberg engine. Project unearthed in Richmond, Virginia, in the mid-1980s. Racer revived in 1989 with replica bodywork (early 1920s front and tail sections included). Monterey and Pebble Beach exposed in 1990, retro-event worn, panels well polished. Cond: 2+. Sold At $239,080. Although at least $310,000 had been floated, price paid was generous enough valuation. One of only four such survivors with Duesenberg motors, so an important motorcar Let 's see what the new owner does with it—Goodwood Festival, perhaps. #1084 1929 De Soto Series K Espanol - roadster. S/N 0W6695. Eng. #K76502. Yellow over black/burgundy. RHD. Odo: 2,877 miles. 2.9 liter side-valve six, 55 hp. Espanol name comes from yellow/black livery. Always was the position I found myself in when a planned vacation trip to London with my wife changed, because of an illness in the family, into a solo trip to one of my favorite international destinations. T UK resident, freshly restored, cosmetically good, though no MOT roadworthiness certificate. Cond: 2+. Sold At $29,670. One of first and, being one of only 7 surviving, therefore very rare K Series pulled top dollar Being RHD helped here, though often US stock of this period can be tricky to shift. roadster. Blue/white. LHD. 327 c.i., sidepipes, turbine wheels. Said to be seller's wife's #1034 1966 Chevrolet Corvette Sting Ray - car. Ex-Florida 1997, UK restored 1998, still generally good and retailable. Cond: 2. Sold At $32,044. Nice condition and nice top estimate result. Could be worth several thousand more in the US, as these remain the most collectible of all Corvettes. Note: As many cars were locked during viewing, as has become the custom at Bonhams sales in London venues, it was therefore not possible to log several odometer readings.• 74 My good friend and SCM co-conspirator Richard Hudson-Evans covers the Christie's and Bonhams sales in this issue, and, seeing that he was facing total auction overload, I volunteered to write up the Coys event. Held in the Royal Horticultural Halls in the Westminster section of London, the sale was indoors, in a spacious setting. Coys is a high-end dealer as well as an auction house, so many of the vehicles offered in the sale were plucked from the showrooms. While some might raise their eyebrows at the apparent conflict of interest that occurs when an auction house is dealing in its own kit, at least with Coys there are no bones made about the dual role of the company, and everyone seems to simply accept it at face value. Rather than visiting boring museums or exploring new places to shop (been there, done that) I found myself haunting the used car dealers (or purveyors of the motoring trade, if you will) and watching not one, but three automobile auctions in just four days. Early December in London is auction time, and instead of the weekend events that are prevalent in the U.S., the Brits go for weekday sales . Bonhams on Monday; Christie's, Tuesday; and on Thursday, Coys. Despite some typical light rain throughout the week, the temperatures stayed comfortable. The auction was efficiently presented in a no-nonsense English style (makes sense, Auctioneer  Number of Lots:  Number of Lots Sold.  Sale Rate:  Sale Total:  High Sale:  Douglas Jameson 67 39 40% $2,798,284 1971 Lamborghini Miura P400 iota" Spyder, sold for $352,870, including buyer's premium Premium: 15% on the first $55,400 and 10% thereafter (induded in prices of sold lots) :k Report by Dave Kinney Market opinion in italics he British have a term for it, a "busman's holiday." It means a vacation where one does for fun what he usually does for work. Such Coys - London, UK right, given that this was England), and the evening passed quickly. As a veteran of more Kruse Auburris than I can count on fingers and toes, I have to confess that I had a secret longing to see a wild-eyed ringman come running up the aisle, or at least for a food booth where I could buy an elephant ear or a deep-fried turkey leg. There were some great and not-so-great cars, including a RHD Daytona Spyder that brought nearly half a million, a Scottish H.A.R. that seemed cheap enough at $114K and a Lambo "pseudo Jota" that sold for an astonishing $352,870—astonishing because Bonhams had sold it just six months earlier for a mere $106,790. Overall, the strong English pound drove the prices of nice cars to at least 25 percent more than they would have made in the U.S., while most pigs continued to oink at the same level no matter which side of the Atlantic they were on.—D.K. ENGLISH #721-1954 Jaguar XI( 120 competition coupe. S/N 5669125. BRG/green. RHID. Odo: 8,267 miles. Very well documented racing history. Always been a race car. Carries distinctive registration DVV 200. Paint to front of the car has bubbles, engine compartment appears dingy and untouched. Very good leather, dash wood very good, as are carpets. A racer meant to be hammered, and it has been. Cond: 3-. Sold At $61,059. Race history is the big element in pricing here. Catalog presentation has list of this car 's victories in 1954, photos of car on the track. A wellknown car to British race fans, ex Jack Sears and Peter Sargent. Three times the price of a 120 FHC without provenance, but fair enough everything considered #764 1956 Bentley Si Continental fast- back. S/N BC11BG. BRG/green. RHD. Odo: 69,350 miles. Automatic. Older paintwork shows some scrapes and scratches, some chipping as well. Wood to door caps poor. Some peeling leather has deep cracks, some color loss. Good chrome. Overall not the happiest of presentations, but a likeable car nonetheless. Cond: 4. Sold At $115,174. Lots of renewed interest in the Continental now that its namesake (new Bentley GT) is returning. This example was sold by second owner, who had it 40 Sports Car Market

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MODENA CENTO ORE CLAISSIC Speed and regularity race for historic cars Banca popolare dell'Emilia Romagna D o.SHIMIA SEIKI :1;11 (J".;') ! It -P3f1=t 1 '1 LI /iJi 9i 91i Est 1465 - 41100 MODENA, Italy - Fax, +39 0590360740 ar  bo pflit Wool() cholla Melts '

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Market Reports award on wheels. Sale price no surprise to those who saw this car in person. Prices rose rapidly on DB6s for a couple of years, may be leveling out now. SCOTLAND years. Price a bit on the high side, but no harm done with a great history like this. #733-1959 AC Ace Bristol roadster. S/N BEX1117. Eng. #974DR. Light blue/blue. LHD. Odo: 69,368 miles. Bristol motor. A very nicely sorted car, very good paint, excellent chrome, leather, carpets, dash and top. One #763-1955 H.A.R. open sports racer. S/N L65RS101350. Light green/grey leather. RHD. Odo: 2,978 miles. Daimler V8, Cotal electromagnetic gearbox. One of five chassis built by Horace A. Richards, car constructed by Dennis Ramsay of Perthshire, Scotland. Very little real history, but authentic race car. Dunlop style Coys - London, UK leather, carpet to rear looks like tuxedo colors from early 1960s Corvettes. Nickel silver finish brightwork includes wonderfully styled French lights and Klaxon horn. Cond: 2-. Sold At $54,753. The 1920s, especially the early twenties, was not an era known for beautiful coachwork. The design elements of this car emphasize the box on a box design, but somehow a sense of style comes through. This car carries a look that should be good for lawn space at any Concours worldwide. #726-1937 Delahaye 135 Sports open. S/N 47499. Blue/tan. RHD. Odo: 4,264 km. 3.5 liter straight six. Coachwork by Peels of Kingston. Restored over 30 years ago, shows plenty of use since. Handsome everywhere but in front. stress crack on driver's door, no other body flaws found. Owned by an Englishman while living in America, interpreted by the British onlookers as an ideal situation for ownership history—no rust and a "proper" owner. Cond: 2+. Sold At $123,175. Very, very likeable car in these colors and with this presentation. This car exuded the honesty of its quality, well done throughout. Quite pricey, especially being LHD in England. Perhaps these cars are moving up faster than recently predicted. #732-1969 Aston Martin DB6 Vantage Volante. S/N DBVC3728R. Black/black. RHD. Odo: 7,120 miles. Very nice throughout. Excellent paint and leather, interior is complete wire wheels, Smiths gauges, Daimler motor, quad two-barrel carbs. Good finish, very pleasant design, driver's outside mirror mount appears to be part of an erector set, otherwise quite professional. Driver's area has engineturned bits along with sheet aluminum motor compartment well finished. Seats appear original, paint is fresh. Cond: 3+. Sold At $114,136. The best all-Scottish car I've ever seen, which, of course, isn't saying much. Handsome car, another example of a vehicle that looks better in person than in photos. FIA and VSCC papers. Reasonable price for a car welcomed anywhere, and with a long and interesting, if not particularly noteworthy, history. FRENCH #745-1923 Delahaye Type 84N Berline Transformable. S/N 17201. Black/black leather. RHD. Odo: 67 km. Recent restoration to a very good standard. Paintwork not excellent, however would buff or color sand to a high standard. Excellent wood and This cycle-fendered beast has had extensive vintage race history. Interior is well trimmed, appears complete, shows wear throughout. Cond: 3-. Sold At $75,167. Brought $12,000 above high estimate of $63,000. A distinctive car that will be welcome at every event, has some history, and appears fully fettled. I'll call the price fair to all. GERMAN #736A-1929 Mercedes-Benz SSK open. S/N 40440. White/oxblood. RHD. Odo: 6 miles. Nonsympathetic nonrestoration. Used and abused, then used some more, this beast appears to contain bits o' Benzes from the dawn of time through the 1980s. Faded, scratched and peeling paint, some done with a brush. and very well fitted. Wood steering wheel appears to have been recently refinished, dash is neat and tidy, all glass good. Cond: 2+. Sold At $179,000. A well-restored or excellently preserved DB6 Volante is one of the great looking cars of all time. Add in black (or British racing green) as the color, and it looks like a design 76 Looks like lots of fun, and no worries about that first scratch. It's already there, and with a lot of friends. Cond: 4-. Sold At $154,783. Interesting car, but what is it really? Catalog states it was first registered in England in Sports Car Market

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Coys - London, UK  1929—but which chassis with what body? Sale price was right at the low end of the estimate. The catalog description was a masterpiece, three paragraphs of Mercedes history and then a few sparse words about the subject car Given that the sale price was probably about what it would cost to gather all the bits and assemble them, fair enough. #712 1970 Mercedes Benz 280 SE 3.5 - - convertible. S/N 11102712001128. White/ red. LHD. Odo: 17,303 km. French registered (thus the yellow headlights). Claimed recent respray is decent. Good patina to leather, the four headrests appear to have been added At $97,197. A car that makes sense in almost any market, Palm Beach to Costa del Sol and back. Universal appeal in an appealing example. With this truly astonishing sales result, I would watch for values to increase on these handsome and drivable big Benzes. 3.5 owners—show this page to your banker if you're going to apply for a loan anytime soon. 1979 Porsche 911 coupe. S/N 9119201001. Green/tan. LHD. Odo: 120,149 miles. Sunroof, good paint and chrome. A recent import from California, some sunfade #706 - Market Reports with a steering wheel on the wrong side. The price here was a few thousand more than it would have been in the US. 1985 Audi Treser Quattro roadster. S/N 900174. Red/red. LHD. Odo: 67,059 km. Birmingham (UK) show car, customized by Treser. Retractable roof, air conditioning, full power, heated seats and all wheel drive. Shows #719 - recently as both cover and grain is different from seats. Air-conditioned, Becker Grand Prix radio, power windows, dash wood and carpets are very good, no fit issues noted. Sold Steve,ylustin's AUTOMO Limited Edition Art & Collectibles 1638 SE 11th Ave Canby, OR 97013 (503) 266-4079 or (800) 452-8434 email: steveaustin@canby.com www.steveaustinsautomobilia.com Official Organizer of SCM's Historic and Collector Car Tours ACCESS OUR ARCHIVE OF CAR PROFILES Upgrade to SCM GOLD and get your password today! Sign up online at www.sportscarmarket.com or e-mail March 2004 scmgold@sportscarmarket.com to interior. Well presented. A used car with few flaws found. Cond: 3+. Sold At $15,265. Expat US cars are not difficult to find in London, as California heritage carries the same cachet in London as it does in Dayton. Nevertheless, it's a used car, and for this market, a used car some fade to leather, paint appears good. Interior trim holding up well, shows enthusiast's use. Cond: 3+. Sold At $14,312. Very 1980s styling, a full tuner custom for the smart set. Just watching the top mechanism on this "Munich Vice" car is worth the price of admission. When someone opens an Audi museum dedicated to custom jobs from the 1980s, this car will be a prime candidate. Price was not stupid, but certainly a very limited market. You can't take the Chequered Flag if your car doesn't make the event! COSDEL INTERNATIONAL TRANSPORTATION The only experienced shipper of high-value sports and racing cars to road, track and concours events world-wide. We take care of everything! You just FLY & DRIVE! Martin E. Button Inc. Phone: 415-777-2000 > Fax: 415-543-5112 Email: info@cosdel.com Ote. 0 11,4 I" V 8  • Quality Service Since 1960 We are the exclusive shipper for all three major Monterey Auctions. 77

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Dcocoufts MARCH 12, 13, er 14, 2004 AT THE RITZ-CARLTON, AMELIA ISLAND, FLORIDA TO BENEFIT COMMUNITY HOSPICE OF NORTHEAST FLORIDA  Honoring  BOBBY UNSER, PRESENTING THE CARS OF HIS CAREER & CELEBRATING 100 YEARS OF ROLLS-ROYCE FRIDAY, MARCH 12 Road Tours Including: Great Designs & Great Designers Seminar • Legends of Indy Seminar • Porsche Road Tour u General Motors White Oak Plantation Tour • Parish Heacock Silent Auction • Chrysler's Great Automotive Photographers Exhibit SATURDAY, MARCH 13 Coastal LivingGotf Classic • RM Classic Car Auction • Parish Heacock Silent Auction • Champagne Reception presented by Moet & Chandon and Bank of America • Mercedes-Benz Gala Dinner • Chrysler's Great Automotive Photographers Exhibit SUNDAY, MARCH 14 Concours d' Elegance • Featuring more than 250 classic autos • Moet & Chandon "Fashion & the Automobile" Fashion Show • Chrysler's Great Automotive Photographers Exhibit • $35/Adult; $151Youth 12-18 ; Free to children under 12. THE ONLY EAST COAST APPEARANCE OF THE AUTOMOTIVE FINE ARTS SOCIETY FOR ADVANCE TICKETS OR FOR MORE INFORMATION VISIT WWW.AMEI IACONCOURS.ORG . ELEGANCE

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Coys - London, UK ITALIAN #711-1962 Ferrari 250 GTE 2+2. Red/ white. LHD. Odo: 20,864 km. A true barn find fright pig. Exceptionally bad red respray over blue original paint, side vents missing left and right, leather discolored and moldy, front turn signal lenses missing. Door panels in back their right mind in the US would pay more than $20,000 for this car; perhaps this is exchange rate at work. #752-1965 Bizzarrrini 5300GT Strada Si coupe. S/N B0232. Silver/blue leather. - :12211111.111 r. .. Market Reports more important in the marketplace as each year goes by, driven partly by their success as vintage racers, taking advantage of modern technology. Even with recent price increases, this was a huge amount, and will no doubt wake up 5300 GT owners everywhere. #750-1967 Ferrari 330 GTC Coupe. S/N 10555. Red/black. RHD. Odo: 59,424 miles. Medium quality respray, very good chrome. Interior is quite nice, seats and carpets appear quite fresh. Clean Nardi wood wheel, good seat, no carpet. 15 years ago, this would have been the discarded car found behind a Ferrari shop. Cond: 5. Sold At $46,322. Many a 250 GTE has given its original bodyshell to become a faux 250 GT. Will this sad case be next? At some point when they have all become replicas of Ferrari racers, will the last few original survivors trade in a stratospheric market? I doubt it, but it would be nice to think so. No one in LHD. Odo: 24,049 km. Alloy body. 5.3-liter Chevrolet V8, 4-speed. Recent body-off restoration. Excellent paint, chrome and leather. Fully sorted out as well with recent overall win at Goodwood Revival TT race. Some scratching from window tracks of passenger side window, period-correct mirrors, windshield glass with tinted band appears new. Cond: 1-. Sold At $339,081. Stories and legends abound about Bizzarrinis, both real and imagined. Some say that new ones might still be manufactured today! Bizzarinis continue to grow wood on dash. No radio fitted. Chrome on wire wheels has seen better days, has Viracon replacement windshield. Michelin XWX radials quite good. Cond: 3. Sold At $117,173. Color sanding the paint would help, but only to a point. RHD Ferraris from the 1960s are Antique Automobile Insurance Agency 1-888-ANTIQUE (1-888-268-4783) www. j ctaylor. corn I March 2004 79

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Market Reports few and far between. As an original righthand-drive car, this example will remain more valuable in right-hand drive markets. Price for condition was about $20,000 more than stateside. #718-1970 Ferrari 365 GTB Daytona coupe. S/N 13479. Dark blue/red. RHD. Odo: 61,576 miles. Early car with Plexi headlight jet , ..-...11t711 - • ' covers. Said to be owned for majority of its life by Bob Roberts, founder of Midland Motor Museum. Paintwork shows plenty of flaws, of so-so quality overall. Lots of patina, i.e. wear, to the interior—would have been replaced by now if it were in the US. Just a used car. Sold At $110,980. Everyone loves the Daytona, one of the prettiest cars built with the classic front engine VI2. With the value of the Euro and pound increasing and the dollar heading downwards, look for lots of Daytonas to leave our shores in the next few years. This car sold at what could have been expected in the US—no more and no less. #731-1971 Lamborghini Miura "Jota" targa. S/N 4808. Eng. #30583. Silver/black and grey. LHD. Odo: 48,468 km. Said to have been converted to Jota-style coachwork by Swiss Lambo dealer, Lambo Motor AG. Shows well, but interestingly has some light surface rust showing on some joints, could be cleaned Coys - London, UK with a wire brush and a spray paint can. Very good paintwork with one paint scratch in the driver's door, chromed air cleaner looks out of place. Pirelli P7 radials. Cond: 3+. Sold At $352,870. Sold by Bonhams Europe 3/5/200 for $135,454, not sold at bid of $95,000 by RM 1/28/2002, sold by Bonhams 5/26/03 for $106,790. Now makes $352,870 seven months later? Could those be champagne corks pop- SCM Gold Volume 3, Number 1 Your Gold Password is gold1234 WARNING: Upgrading your subscription to SCM GOLD may cause your keyboard to sizzle! 1) The sale results, including buyer's premium, from the Bonhams Ferrari only aucion in Gstaad, Switzerland, December 20th, and Artcurial Briest Poulain Le Fur's Auction in Paris, France, December 16th, are posted in the "Latest Auction Results" page within the "Gold Members Only" area of our Web site, http://www.sportscannarket.com/ auctions/auction_results/indez.php. You must be logged in as a Gold subscriber to use the link. a) Bonhams sold 21 out of 33 cars for a 64% sale rate • • Ii•mrh .1044 As an SCM GOLD member, you will receive exclusive e-mails giving you near-instant WM YIN •13... OPP M•••■•••■...ocrie Ivo I... WY Ube. ,n111041 Oter .8.11•14 MIN 0111110.11111 11•111040•01W OpownI.Ilm• !Ow %PO ..11.111Molaooloorola 1.0.*Mwer*Ye loombla■•• .101110.••■••• 1111.1,0mM 0.011.1*0•1•01.* ■••■■••••••.... I  ■• NIMM•411111 •11," SW. CO. ..1.51111. Me w. .01c Non .C.M.11•./ All of these benefits are just S50 a year for subscribers, (S80 for non-subscribers). Sign up today online at www.sportscarmarket.com , or e-mail scmgold@sportscarmarket.com . auction results. Plus advance notice of SCM events, seminars and tours. You'll have complete access to 15 years of SCM auction results, 24 hours a day. Join the thousands of SCM subscribers who have upgraded to SCM GOLD. Start getting the inside information you need, sent so fast it may cause your computer to smoke like a two-stroke Saab!

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Coys - London, UK ping in the seller's hotel room? We'll let you make your own decision about the price here. back. S/N GT400ESP8400. Silver/burgundy. LHD. Odo: 67,741 km. Air conditioned, wood steering wheel. Good paint, faded carpet, drivers seat leather is cracked, seams pulling apart on driver's bolster. Decent chrome. Mag #725-1970 Lamborghini Espada SII fast- wheels have rust showing on knock-offs, could be easily sanded and painted. Cond: 3. Sold At $16,110. Espadas are V12 supercars, yes, but without a huge following. The problem remains that a motor rebuild on an Espada is as expensive as on a 350 or 400, which are far more valuable. New owner is one swallowed valve away from owning a parts car Still, if it doesn't swallow that valve for a year, cheap fun to be had. #742-1973 Ferrari Daytona 365 GTS/4 spyder. S/N 15917. Red/tan. RHD. Odo: 55,371 miles. The real thing, not a conversion. Dirty and fully used interior shows plenty of scuff marks, wear to edges of seats and dry marks. Mouse fur on dash has some stains but tan. LHD. Odo: 39,245 km. Fresh Michelin tires. Has wear to the interior to be expected by miles indicated, some repaint work showing to front bumpers, possible elsewhere. AM/FM cassette, air conditioned, blackout trim shows no fade as often seen on Stateside cars—perhaps there is a silver lining in all those grey clouds outside. Cond: 3+. Sold At $32,220. It's going to take awhile (like maybe forever) before the markets learn to love (or at least stop hating) the Mondial. Buy the one you want in the color you want, look for the best example with the best service records and history, and a recent cam-belt change. This was a small bargain for a 3.2. ARGENTINA #717-1955 Chevrolet Special Monoposto. S/N 75F. Red/black. 230-cid Chevy straight 6, ZF four-speed, drop-gear rear axle. Simpson race belts, fire suppression system. Very good quality paintwork and overall finish, good detailing. Has Ferrari badge to front, gauges Date sold: 12/27/03 Sale location: eBay Motors; #2449745490 Details: New car, manual transmission, HID headlights, polished alloys, sport suspension, preferred package 21A. Sale result: Sold at $79,500, I bid. Seller's feedback: 22 Buyer's feedback: 0 MSRP: $84,795 Date sold: 12/24/03 Sale location: eBay Motors; #2449945622 Details: Dealer demo, sunroof, existing warranty, clear title. Sale result: Sold at $112,600, 56 bids. Seller's feedback: 2 Buyer's feedback: 40 MSRP: $88,900 Other current offering: Auto Palace (Pittsburgh, PA; www.auto-palace.com). Asking $92,925 for a I2-mile car. 2004 DODGE VIPER SRI-10 Fresh Meat Real market prices for recent production cars of interest. 2004 PORSCHE CAYENNE TURBO Other current offering: Martin Dodge (Turnersville, NJ; www.martindodgetruck.com ). Asking $84,795 for a 6-mile car. 2003 AUDI RS6 is too good to change out. Paint is quite good. Some light scratching but no harm done. Good chrome and glass, very good Michelin XWX tires. A very honest appearing car. Cond: 3+. Sold At $483,300. Imagine how rare this car is in the UK. market, as one of just 7 RHD spyders built. Demand will almost always exceed supply here. Close to a half a million dollars for a Spyder with needs? Overpriced by $150,000 by US standards, mostly exchange rate at work here. #719A-1987 Ferrari Mondial 3.2 cabriolet. S/N ZFFWC238000068037. Dark blue/ with prancing horse logo, except for the tach, a Jaeger unit. FIA papers. Goodwood Revival evented. Cond: 2. Sold At $68,165. Seller thought (for a while) that he had the ex-Gonzales Ferrari Special, it's really just an Argentine "reproduction" of the real thing. When you think about it, fake cars such as this can offer plenty of fun for low bucks, but only if they're bought for low bucks. $68k is just about the cheapest way anyone will get into Goodwood.• Date sold: 12/24/03 Sale location: eBay Motors; 2449450545 Details: 197 miles, Tiptronic transmission, carbon fiber engine covers, silver leather with black piping, only 990 imported to US, 450 bhp. Sale result: Sold at $78,574, 14 bids. Seller's feedback: 32 Buyer's feedback: 7 MSRP: $82,700; Edmonds.com: $74,316 Other current offering: DCH Audi-VWMazda (Maplewood, NJ; www.dchessex.com). Asking $84,660 for a 5 mile-car. March 2004 81

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SCM Price Guide: Italian Cars he values below reflect a retail buying and selling range for cars in very good to near excellent condition-significantly above a "daily driver" and one step below regional concours; a strong #2 on the accepted 1-6 scale, 1 being the best. These values are set by sales activity, primarily in the United States, as well as conversations with owners, dealers and collectors. Condition and history are the ultimate determinants of value. Prices below assume cars with "no stories Price Range 08 4 101 1600 Spi. Vel.  2076 Boano Spider Zogato 750 Dbl Bbl Record Monza 8501( 2+2 ALFA ROMEO RI Norm/Finis:no RI Sport/S. Sport RI Targo Florio 6( 1500 Norm. 6f 1500 Sport 6(1500 SS S'charged 6(1750 Turismo 6(0758 Gran Tar. 6(1750 GS S(2+2 6C 1750 GS SC Zag. 6C 1750 GS Touring 57 58-61 59-62 62-66 22-25 25-26 23-24 27-29 28 28 29-33 30-32 30-33 30-33 30-33 Tipo 0 Monoposto (P3) Tipo ( Monoposto (8(-35) 6C 2300 Saloon Coachwk. 6( 2300 Sp. Coachwk. 6(2300 Mille Mig. 8( 2900 short chassis 8( 2900 long chassis 31-34 31-34 31-34 31-34 32-34 35-36 34-39 34-39 38-39 36-38 36-38 12 no n/a n/o  1,702 929 4 1,058 inc. 2,259 inc inc inc inc. 130 12 15 6 1,606 inc. inc. 17 27 39-43  39-40  6( 2500 Cob. ((oachbh.)  6C 2500 SS ((oatithlt.)  6C 2500 Fret. D'Oro  6(2500 Villa D'Este  19905 Window Coe.  1900M 4WD  1900 3 Window (pe.  1900 Cabriolet  1900 Zagato (SSZ)  2000 Spider  2600 Spider  2600 Sprint  2600 Sprint lagato  750 Sprint Normole  750 Spider Normale  750 Spider Veloce  750 Sprint (Lightvd.)  750 SS (low-nose)  101 1300 Spi. Norm.  101 1300 Spi. Veloce  101 1300 Spnt. Norm.  101 1300 Spat. Vel,  101 1300 Spnt. Spec  SZ-1  SZ-2  TZ-1  TZ-2  39-53  46-53  46-50  49-53  51-54  51-53  55-58  52  55-57  58-62  62.65  62-66  65-67  54-59  55-59  56-59  56-59  56-57  57-58  59-62  59-62  59-62  59-62  58-62  60-61  61-62  63-64  64-65  62-65  50 - 100 10' 50' 383 680 250' 949 1,949 854 91 28' 3,443 2,255 6,999 105 7,000' 7,000' 2,300' 1,100' 100' 100' $100000 $15,000 S20,000 $8,000 $40,000 $60,000 $275,090 $50,000 $95,000 $200,000 $60,000 $75,1100 $350,000 $150,000 $22,500 $30,000 (Add $15,000 for correct twin-corn engine. 850a twin-cam models, $380-$590, 1000a twin-cam biolbero $70K-$900.) $11,500 $50,000 $75,000 $325,000 565,000 $115,000 $245,000 $70,000 $90,000 $150,000 $185,000 $400,000 $350,000 5375,000 (Deduct up to $100,000 for non-matching engines on previous two categories.) 8(2300 long chassis 'Le Mans' Team Cars 8(2300 sh. chassis "MM" 8(2300 "Monza" $900,000 $1,250,000 20' 26 $2500,000 $1,100,000 S1,700,000 $1,900,000 52,300,000 53,300,000 $1,400,000 $2000000 $2,000,000 $32,500 $85,000 5250 000 $3,750,000 $3,250,000 $115000 5115 0013 540, 0 $150000 $45, 510,0 $45. $50.0 0 0 0 0 $140.000 515,0 518.0 $1,500 530, 511,0 $11,0 $22.5 0 0 0 0 0 0 (Add 50% for 56-57 Veloces due to eligibility for prestigious 750 Sprint Velixe  7,800' 500' 17,000' 1,990' 1,366 169 44 101 12 9,250  $150 000 $110 $3,000,000 $37,500 $105,000 $300,000 $6,000,000 53500,000 S150,000 $200,000 5125.000 S150,000 550,000 $175000 $60,000 515,000 $3,000 $60,000 5175 S25 S22,500 2/02 6/01 5/00 2/96 12/01 11/99 (2,594 6( 2500 chassis of all types were buih. Numbers below am included i that figure.) 6( 2500 SS (Coachbh.)  6C 2500 SS Corsa  4/99 5/01 12/95 2/95 10/00 2/00 10/99 8/98 101 1600 Sent. Norm.  101 1600 Spi. Spec.  Giulia Sprint GT  Giulia Sprint GT Vol.  Giulia GTC  Giulia T1 Super  Giulia Super  4R legato  1600 GTA Stradale  1600 GTA Corsa  1/02 3/00 6/02 1300816 Jr. Strad.  1300 0141r. Corse  1750676)6  64-65  62-64  6346  63-66  66-68  64-66  63-64  66-72  66-68  65-67  65-67  68-71  68-71  68-72  TT 33 SC 12 (Sicharged)  Duetto  1750 Spider (Rndtail.)  817 1750  1300 Junior Zagato  1600 Junior Zagato  Mantrap'  67-69  67-69  69-72  75  77  1,091 7,107 1,400 21,542 14,240 1,000 501 124,590 92 560 inc 447 ins 40 18 30 20 12 2 $18.000  $10,000  $18,1100  $7,500  $8,500  $12,(03  $15,000  58,000  $30,000  $50,000  $55,000  $30,000  $35,000  575,000  66-67  68-69  69  68-72  72-75  72-75  69-74 70-74  70-74  75-81  75-79  019-6 &slaw  819-6  811-6 Maratono  810-6 Twin Turbo  Spider 2000  Milano  000 000 $10,000 $45,000 514 000 $15.000 $30,000 vintage events.) $20,000 $45,000 $32,500 $11,000 $16.000 $1 0,000 $15,000 520,000 $65,000 $75000 5175 000 St 000 000 $14000  530 000 $55000 S40 000 $16,000 $22500 $16 000 $25000 $25000 $05000 $95000 5210 000 SI 2S0 000 (Note: TZs and SZs am easy to fake; prices are for authentic cars whh paperwork.) 101 1600 Spi. Norm  82  5/0000 9/94 1/04 9/98 4/02 5/03 4/03 (Automatic trans, deduct $1,0001 Milano Verde  Spider 2000  Zagato ES-30  164/164L  1645  Spider 2000 (cam. ed.)  (Automatic tams, deduct $1,5001 BIZZARRINI GT and Strode  DE TOMAS° Vallelunga Mangurta Punter° Pantera GT/L, GIS 11/00 2/99 10/99 2/01 (Add $3,500 for true 015.) FERRARI 166 Snyder (orsa 166 MM Bedinetta 166 MM Borchelt 166 Inter 65 1967 67-71 71-74 75-89 47-48 48-50 48-50 48-51 50' 400' 5,629 3,500' 590.000  $65,000 $28,000 $24.000 $27800 8 12 25 38 $900,000  S150 000 580 000 535,000 537,500 $37,500 51 200 000 51 100 000  51 400 000 51 100 000  $200,000  51 r00 POO 5295 000 6/99 4/96 75-79  8244  81-83  82  84-86  84  85  85-86  87-89  87-89  87-90  90-92  91-95  91-95  91-92  93  15,047 inc. 44,265 1108 402 3,925 (Deduct $2,5130 if not properly state and federal certified.) Berlina 1750/2000  GTV 1750/2000  Spider 1750/2000  Spider 2000  Altana Sedan  37,459 n/a n/a n/a (Automatic trans, deduct $500.) get GT (US)  Spider 2000  019-6  13,715 n/a n/a 350 n/a n/a n/a n/a n/o n/a n/a 1,020 n/o n/a n/a n/a 5600,000  $350,000  $300,000  $380,000  $250,000  $10,000  $9,000  $8,000  $18.000  $20,000  $14,000  $2,000  $9,000  $5.000  $5,000  $2,000  $2,500  $3,000  53,000  54,000  54,500  $5,500  513,500  $4,000  $2,500  $4,500  $4,500  $27,000  $33,500  $7500  (14-15 only, 4-cam 1641,15 odd $4,080.95 only, 1640, add $7,000.) Spider 2000  S8 000  S9,500  $25,000 $18,000 $25,000 512,000 $14000 $16,500 $20,000 $10,000 535,000 560,000 580,000 535,000 $45.000 595 000 (Note: GTA prices are especially affected by originality, completeness and history.) IT 33/2 Strodole  TT 33/2 (2 liter)  TT 33/3 (3 liter)  11 33 12-cylinder  $725.000 5450,000 5350,000 $400 000 5275,000 516,000 512,500 $10,000 $22,500 S24,000 $16,000 $3,500  $13,000  58,000  57,500 53,000 $4,000 S5500 54,000 55.000 $7,500 57,000 $15,000 56 000 54 000 S7,000 57,500 530000 50.500 S10000 510 000 $12000 195 Inter 8/01 1/99 340 Americo Closed 340 America Open 340 Mexico 342 America Berlinetta 342 Amer. Colt. 212 Export (Closed) 212 Export (Open) 212 Touring Borchetta 212 Inter 225 Sport 11/95 2/97 7/03 6/03 6/00 5/94 12/02 9/02 11/97 8/95 166 MM Berl. S2 166 MM Snyder 52 250 Mille Minna Spy. 250 MM Berlinena 340 Mille Miglia 500 Mondial 375 Mille Miglia Spy. 375 MM Berlinetta 250 Europa Series I 375 America 375 MM+ 250 Monza 750 Monza 250 Europa Series II 410 Sport Spyder/Cpe. 860 Monza 500 18 410 Superamerico 250 61 Boano/Elle. 250 GT Tour de Fr. attached." An automobile priced above our guide is not necessarily overpriced, nor is one priced below automatically a bargain. The SCM Tier of Collectibility is an A to F scale, which ranks the cars in terms of their long-term desirability. The scale ranges from ATier cars, great classics like the Jaguar D-type and the Aston Martin DB4GT, to F-Tier cars, hopeless sleds like Alfetta sedans and fourcylinder Pontiac Fieros.• Price Range ,4 50-52 51 51 52 52-53 52-53 51-52 51-52 51-52 51-52 52 52-53 52-53 52-53 52-53 53 53-54 53-54 53-54 53-54 53-54 54 54 54-55 54-55 55 55-56 56 56-59 56-58 56-59 19 12 13 4 3 3 9 8 7 84 22 4 9 13 16 9 33 16 7 18 12 6 4 33 34 4 2 17 37 130 77 500101 250 Testa Rosso (all) 250 GT PF Cab. Srs. I 250 GT PF Cab. Srs. 11 25001 Cal. Spy. LWB 'Alloy-bodied 250 GT Col. Spy. SWB 'Alloy-bodied 25061 Int. Berl. 250 Pininfarino Coupe 23000 SWB (steel) 'Alloy-bodied w/no stories 'SEFAC variant 400 Superamerica 250 GTE 2+2 250010 250011 Lussa 330 LM Berlinetta 330 America 330012+2 250 LM (no stories) 500 Superlost 275018/2 SN 275 018/C Le Mons 275 615 275 GTB/C 275010/4 (Add $200,000 for alloy body.) 275 GTB/4 NART Spy. 57 56-61 57-59 59-62 57-60 60-63 59 59-62 60-62 61 60-64 60-63 62-64 62-64 63 63 63-68 64-65 64-66 64-66 65 65 8 inc. 5 inc 20 34 40 5200,009 $350,000 $400,000 $1,200,000 $250,000 5400,000 5200,000 $3300.000 $1,000,000 $225.000 $750,000 $850,000 $1.000,000 $1,200,000 51,200,000 51,800,000 $600,000 53,250.000 52,750 000 5225,000 5350,000 54,000,000 $1,700,000 5650,000 5300.000 $2,000,000 $1,680,000 $700,000 $375,000 $90,000 200 42 9 51 3 7 350 122 inc 23 45 955 39 350 4 50 1,080 32 36 450 11 3 $1,000,000 $1,500,000 51 200,000 55,000.000 $550,000 $175,000 $1,100,000 $1,400,000 $1,800.000 52,500.000 $600,000 555,000 5295,000 51,000,000 5550,000 51,400,000 5375,000 5750,000 $295,000 5350 000 51,200 000 5300,000 5950.000 51,000,000 51,300,000 51.500,000 $1.500,000 52,250,000 51500,000 $4,000.000 S3.250.000 $300,000 5750,000 55 000,000 52,700,000 5850,000 5475,000 53,000,000 52.000,000 5900.000 55 00 000 5180,000 (Early Pininfarino-bodied "roundtail ° TdFs ['56] will command a premium.) '14 louvre comp tar 'Zagato-bodied 51 51 700,000 750,000 51,500,000 57.000.000 $750,000 5245,000 $1,400,000 $1,600.000 $2,200 000 53,000,000 5900 000 590 000 $950,000 $1,250,000 $1.800,000 $2,750,000 53,000,000 $450,000 550000 52,500,000 5325.000 $32,500 57500 000 5200,000 55 000,000 S35 000 530 000 $2,500,000 59,000 000 $350,000 $7,000,000 547.500 545,000 53,500,000 $300,000 5400 000 5200 000 5225 000 (Add $25,000 for longnase, for 6 carbs, or for alloy body, $5,000 for outside Tler sap.) 275 GTII/C SN 5900,0(14) 65-66 66 66-68 67-68 200 12 280 10 52 500.000 5145.000 51,200000 $I 100 000 55 000 000 $200000 SI 400 000 5350,000 5450 000 $1700009 52 000 000 Sports Car Market 12/96 5/01 5/99 11/02 6/00 11/01 12/98 4/02 4/95 1/00 10/03 Price Range ].1 12/01 3/00 12/00 3/98 6/02 12/97 8/96 10/00 9/97 3/01 12/95 10/02 2/02 12/99 1/98

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                            SCM Price Guide: Italian Cars Price Range 330 GT(  330 GTS  365 Calif Spyder  20661 Dino  365 GT(  365 ST 2+2  365 GTB/4 Daytona Cpe.  365 GTS  66-68 66-68 66-67 67-68 68-70 68-71 68-73 69 3656TB/4C (Fact. Daytona Comp.) 71-73 Non-factory Comp. Day.  365 615/4 Daytona Spy.  365 GTC/4  24661 'Dino' Cpe.  146 GTS Spyder   365 614 BB Boxer  308 GT4 2+2  308 GTB (fiberglass)  (Add $5,000 for dry sump.) 308 SIB (steel) 308 GTS   512 BB Boxer  4002+2 corbureted  71-73 72-73 71-72 69-74 72-74 (Add $7,500 for *chairs and flares") 365 GT4 2+2 72-76 74-76 74-79 75-77 75-79 77-79 76-81 76-80 (Add $2,500 for 400/400i with manual shift.) 51208 LM 308 GTBi 308 GTSi 400i Mondial 8 Coupe 512 BBi Boxer 308 GTBi OV 308 613: 60 Mondial Coupe 09 Mondial Cab. 00 288 GTO Testarassa Testarossa 412 Mondial 3.2 Coupe Mondial 32 Cob. 328 618 328 GTS 140 328 GTS Mondial T Coupe Mondial 't' Cob. 348th 348 ts 51218 45661 Manual 348 Spider 1512 M 1355 / 355 Berlinetto F355 GT5 F355 Spider F50 45661 Automatic 550 Maranello 355 Serie Fiorono 360 Modena 360 Modena Spyder 360 Modena Challenge 550 Borchelt° Pininforina Enzo  79-80  80-82 80-82 80-84 81-82 82-84 83-85 83-85 83-85 83-85 84-85           85-875 87.5-91 85-89 86-88 86-88 86-89 86-88 88-91 89 89           89-91 91   90-97 91-95 92-    93-95 94-96 95-99 95-99 95-99 95-97 96-03 96-01 99-99 99-  99-  99-  00-  03-           600 100 14 144 150 800 1,273 20 15 (ins) 5 (ins) 124 500 2,609 1,274 470 387 2,826 712 7089 3,218 929 502 25 494 1743 1,308 708 1,007 748 3,042 1,848 629 272 7,200 inc. 576 287 810 1,345 6,068 1,315 int. 840 1,010 2,895 4,230 2,280 1,417" 1,099 500 2,855" 1,455" 1,440" 349 212" 225'• 225" 104 n/a n/a n/a 349 $85,000  $225,000  $475,000  $65,000  5110,000  $50,000  $125,000  $275,000  $1,100.000  5800 000  5300,000  $55,000  $45,000  $70,000  $15,000 $65,000 $18,000 $30,000     $25,000 $25,000 $55,000 $18500     $425,000  $22500  $22,500  $18,000  $15,000  60,000  $28,000  $28,000  $now  525.000  $250.0 0  $40,000  $50,000  $330.000  $28,000  $30,800  $35,000  $35,000  5275,0 0  $40,000  $32500  $35,000  $45,000  $50,000  580,000  $75,000  $60,000  5155,0 0  $65,000  $75,000  $95,000  $675,0 0  $75,000  $115,0 0  $75,000  $12300  $215,0 0  $85,000  5750.0 0  $6 $1,100,000  5145,000 5275,000 5600,000 $100,000 5145,000 S65,000 5145,000 5350,000 51 500.000 51 200,000 5375,000 575,000 570,000 595.000 525,000 585,000 $22,500 540,000 $30,000 $32,500 $72,500 $24,000 $525,000 527,500 527,500 $22,500 $20,000 $80,000 530,0 $32,500 $24,000 530,000 S300,000 $50,000 570,000 535,000 $32,000 $37,000 $45,000 550,000 5375,000 $60,00 $4 40,000 $47,500 555.000 560,000 590,000 595.000 570,000 5170,000 575,000 590,000 5115 000 5775.000 595,000 5165,000 S105,000 5150,0 5235,000 5110,000 5275,000 51,200 000 *Concerning 'cut-cars', non-factory, non-MART Spyder conversion ore valued primarily by the quality of the conversions workmanship. In today's market, rarely is a sot-oar valued more than the coupe it is derived from. "Build numbers through 1996. 312 *Spaghetti Exhaust" 70-80 312 B & T series Turbocharged Front-engined 06 (Dinos)  March 2004 Formula One Cars 60s 12 68-70 81-88 40' 36* 6'  5800,000  5450,000  $225,000  Ferrari Sports Prototype Racers 57-60  (Includes 196, 206, 246, 296 5 without stories.) $2,750,1103  SI 000.000 5600,000 $275,000 $3,750,000 2/01  2/03  9/00 Dot 4/01  ■ t >- Rear-engined 96 & 98 Dino racers 61-67  63-67  25' (Includes 166, 196, 246, 286, 268 SPs without stories.) Rear-engined 912 racers  22' (Includes 250P, 2751, 3301,33012, 275P2, without stories.) 5/00 5/00 2/96 9/01 12/03 1/02 5/03 FIAT 89 (body by Rappi) Body by Zagato (28) Show Cars/Other Coochwk. 53-55 114 total inc. inc $125,000 5225,000 $125,000 1100/120015 Rdstr. 1200/1500 Rdstr. Fiat Dino Spider Fiat Dino Coupe 850 Spider 9/02 11/98 124/2000 Spider X1/9 INTERME(CANICA (Italia) Italia Coupe Italia Convertible 150 1/04 6/03 2/97 1/03 5/99 5/96 Rivolm Coupe  Info  Lele  57-58 59-67 66-72 66-72 67-74 68-85 74-90 67-72 67-72 63-70  65-74  LAMBORGHINI 10/00  7/02 1/95 5/02 10/01 35001 400 ST 2+ 2 Miuro P400 400S 40059 Espado !stem (40001 version) 'S' version Jarmo (both versions) (Add 55,000 for T.) Armco P250 P200 1300 Countach LP400 LP 400 S LP 5000 5 3/02  I3/02  LP 5000 09 Anniversary Silhouette lolpa P350 LM002 (Americo version add $12,500.) Diablo Diablo VT Diablo 5/98  9/03 12/02  4/03  69-74  64-66  66-68 66.69 69-71 71-72 68-78 68-69 1968        70-76  72-76  75-77  75-79  74-76  76-82  82-85  85-88  89  76-78  82-88  87-90  90-93  94-95  96  Diablo VT Roadster 96-97 (Used cars only, luxury taxes paid.) 02OGT Cp SI -5  51-58  (51,283 were all RHO. Additions: $1,000 Nardi steering wheel; $1,500 Nardi floor shill ; $5,000 Nardi sorb kit; 52,500 period Webasto sunroof; $7,500 Borrani wires.) 6th series  424  322500  $30,000 (Note: 51,283 820 coupes one valued higher in Europe than 54,58,6 due to their racing history. Also, contemporary reproductions such as wire wheels and Nardi wheels add more value in the 0.5 than in Europe, where originality is prized.) 814 Spider America  3/03 54-55  240'  824 Convertible  55-59  59-68  2/98 59-68  59-63  521  GTL 2+ 2 Touring Coupe  Flamini° Convertible 2.51  Flamini° Sport Zogato  1,718  300  848  205  $95,000  $75,000  $10,000  $10,000  $16,000  $50,080  $120,000 ('Factory number, but probably optimistic, and includes approx. 20 cars in the hold of the Andrea Dada.) 595,000  (Additions, $5,000 Nardi carb kit; $2,500 factory hardtop; $5,000 Borrani wires.) Flamini° GT Touring  514,000  512,000 522,000  580,000  10/97 10/02 3/97 6/96 (Four variations: Covered headlight 2.51; open headlight 2.51; double bubble sport w/2.8L; super sport w/chopped tail. Additions for all Flominias $5,000 for added triple Weber curbs, $4,000 for original 2.8L, 3C model.) Fulvia GT 1.2/1.3 111  65-68  1,317  $10,000  514,000  4/02 83 n/a n/a n/a n/a n/o n/a n/a 500*  inc.  799 412    $9,000 $7,500 $20,000 $10,500 54,500 $4,01)0 $1,500 $16,000 $20,000 $15,000  $450)0  S10.000  $175,000 5350,000 5160,003 515,000 59,000 $25,000 $15,000 $6,500 $5,500 $2,500 $18,500 528,000  520,000 565,000 (Add: $7,000 for 427 engine, $2,500 Ion long-nose model. Deduct: $2,500 for 351 a 317 513,500 143 144 465 138 150 1,223 129 102 327 525 66 198 149 235 373 610 68 52 410 300 n/a n/a n/a n/a 560,000 $45,000 555.000 590,000 $150,000 $25,000 $24,000 530,000 $17,500 $13,000 $12,000 525,000 $60,000 550,000 $50,000 $60,000 580,000 $25,000 $22,000 550,000 $100,000 $125,000 $135,000 $150,000     5100,000 $75,000 $85,000 $130,000 $225,000 $35,000 $38,000 $45,000 530,000 522,500 $20,000 $35,000 $85,000 $70,000 S70,000 $85,000 $90,000 $440,000 $35,000 $65,000 $120,000 $145,000 5150,000 5175,000 5/02 10/03 1/03 4/03 10/99 10/01 11/97 8/99 12102 6/01 4/98 $1,450,000 $1,850,000 $4,,000 59,500,000 365P, 330P3, 365P2/3, 330 P4, 330 P3/4 [412P1 Fulvia GT 1.6 EIF Fulvio GT Nato Stratos MASERATI 061500  (60 PP coupes, 1 Zagora) A6GCS/A6GCM A6GCS/53 (Correct 89 engines are difficult to find. Deduct 40 0/0 for incorrect type or no engine. Add 255/a Ion significant, documented history.) 96554/0662000 Allemano Cue. Fruo Spyder Zagato Coupe 150S 47-53 51-53 54-57 54-57 54-57 54-57 200S, Si 3005 450S 350061, GTi 350061 Vignale Spyder (Also 6 Frua Coupes, 1 Zogato Spider built.) 55-57 55-58 55-58 56-58 57-65 59-64 (3500 add $5,000 for wires, 53,500 for 5-sp.) 500061 Allemono (pe. 500001 Special Bodies 59-64 59-64 59-61  60-61  62-65  65-66  63-69  64-70  64-69  65-68  16 52 21 12 20 24 30' 28 10 1,991 227 32 inc. 22 6 5350,000  5350,000  see below 5100,000  $250,000  5350.000  $400,000  $500,000  S1,1300,000  52,800.000  $27,500  $50,000  $150,000  $275,000  (Coachwork by Touring, Micholetti, Frua, Pinin Farina, Shia, Bertone) Birdcage Tipo T 60/61 f. eng.  Birdcage Tipo 63/64 r. eng.  Sebring Coupe SI  Sebring Coupe 511  Cluartroporte 1  Mistral Coupe  Mistral Spider  Mexico 4,2  346 98 679 828 120 250 (Add S2,000 for 4.7 version.) Ghibli Coupe 4.7L  Ghibli Cue 5S4.91  Ghibli Spider 4.71  Ghibli SS Spider 4.91  lady  3/00 1/02 6/00  Bore Merak Khamsin Merok SS Kyolami Ouanroporte 11 Biturbo Coupe Biturbo Spider  Biturbo Spider (Inj.)  228  430  MORMI 6/03  GS Bid hero (750(c)  Borchert° Bialbero (750a)  54-56  63-69  n/a n/a 565,000  585,000  585 000 5125,000 (Spare engines are non-existent. Cars w/o engines hove marginal value at best. Add 25% for documented, significant history.) 8/99 MT-4 Mille Miglio  160061  48-56  58-61  72  128  $200,000  $65,000  SIATA 300BC  (Deduct $56 for hat 1100 engine) Nino Cabriolet  $275,000 585.000  12/02 (100061 price is far Nato Berlinena. Deduct $306 for Fissore body, $40-$60K for Boneschi body.) 49-52  51-55  52-55  52-55  70  80  20' 90* $30,000  $28,000  (Additions, $5K for Grand Sport [twin Webers], $7,500 for alloy body.) 208 Coupe (Farina & Balboa)  2085 Americo Rdstr.  $125,000  $185,000  $45,000 $55,000 $225,000 5250,000 (Correct 89 engines one difficult to find. Deduct 40% for incorrect type or no engine. Add 25% Ion significant, documented history.) 1100  47-56  60 (Price for OH( or DOCH Fiat engines. Deduct $10K for pushrod engine. Deduct 510K for 750 engine.). 67-70  70-73  69-71  71-72  69-74  (Add $2,000 for 4.71 or 4.91 engine.) 71-80  72.76  74-80  76-80  77-82  79-86  84-87  86-88  89  (Biturbos deduct $2,000 for automatic) 89-90  89-90  571 1,832 421 277 150 n/a n/o n/o n/a n/a n/a $32,500 $20,000 518,500 $17,500 S19,000 510,000 $4.000 $8,000 $9,000 $8,000  $8000  540,000 525,000 $30,000 522,500 525,000 $13,500 $6,500 510,000 512,500 $10,000 510000 9/00 4/97 11/98 1,149 inc. 100 25 1,136 $30,000 $32,500 $65,000 $75,000 $17,000      $1,000,000 $500,000 525.000 $25,000 59,000 525 000 552,500 $14,000 5400,000 5400,000 3/02 $125,000 5325,000 5450,000 5450,000 5650,000 52,200,000 $33,200,000 S35,000 570,000 $200,000 5400,000 $1,500,000 5750,000 $30,000 S35,000 $13,500 S35.000 575,000 $18,000 535,000 545.000 580,000 590,000 520,000 8/97 10/02 5/03 5/03 8/01 12/03 69-76 67-76 74-76 46-50  4 4 4,948 800' 500 61 Price Range $14,000 512,500 $45,000 $75,000  $17,000 $18,000 565,000 5100,000 sf 5/95 11/95 1/00 5/00

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Motobilia / Carl Bomstead The Art of the Miniature The Wingroves' collection of model-car chasses and engines were created to show prospective clients the detail that went into the construction of the models' often-unseen elements A fter 40 years of building incredibly detailed models of significant automobiles for museums and private collections, Gerald A. Wingrove, M.B.E., is giving up being a "miniaturist." He and his wife Phyllis made significant contributions to the antique car world as automotive historians, through the extensive research involved in building their models. Indeed, Wingrove's impressive career included being awarded the Member of the Order of the British Empire in 2000. Audion:  Bonhams, Olympia 2, London. December 1,2003. Highlight: Chassis Model of 1933 Duesenberg Si by Gerald Wingrove, M.B.E.—Lot 670 Estimate: £4,000-£6,000 ($6,800-$10,200) Sale Price: £17,250 ($29,325) induding 15% buyer's premium Modeling is quickly becoming a lost art. Rather than learning the basics of craftsmanship by constructing models—an activity that consumed countless hours for older generations—many of today's kids spend their free time playing video games. While their eye-hand coordination in manipulating pixels may be excellent, they're not learning how to construct physical models—and chances are none of them will master that key part of model-building, how to get the plastic windshield onto a car without smearing glue on it. So it's a good thing that in his retirement, Wingrove plans to spend a substantial portion of his time encouraging and training the younger generation. Perfection is a term easily applied to the Wingrove models. Prior to building his first automobile, Gerald spent a week determining how to construct a realistic wire wheel laced in the same pattern as the original, constructing it with .008-inch stainless wire and applying the proper tension to each spoke. He wanted true rubber tires, so created molds that even had the correct markings on the sidewalls. This attention to detail is the result of 1:20 examples built for the Lord Montagu of Beaulieu were offered at public auction, but they were of curbside appearance, without full detail. Bonhams offered for sale the Wingroves' collection of model car chassis and engines, which had been created to show prospective clients the detail that went into the construction of the models' often-unseen elements. The chassis were completed with a finish that simulated unpainted steel, since complete bodies were not to be installed. Prior to building his first model automobile, Wingrove spent a week determining how to construct a realistic wire wheel laced in the same pattern as the original, using .008" wire. countless hours of research. For instance, some years ago Wingrove received a commission to build a 1:15 scale replica of the Weinberger Type 41 Bugatti Royale. It took 18 months to complete, with a great deal of that time spent designing and constructing special tools required for the project. He also had to solve the problem of how to recreate the car's aluminum wheels with their turbine-blade spokes. The Wingroves have always declined to discuss the sales price of any particular model and 1:15 scale examples with full engine and chassis detail have rarely, if ever, been offered for public sale. A few years ago, some smaller At the auction, the engines, mounted on a display stand, sold for around $3,000 each. The chassis went for considerably more. A 1:15-scale chassis for a 1938 Alfa Romeo 8C-2900 reached $12,700, including buyer's fees, and the 1931 Bugatti Type 41 Royale with a wooden dashboard and eight-piece steering wheel reached $17,100. The highlight of the sale was the 1933 Duesenberg SJ chassis, with an engine-turned dashboard panel and correctly detailed engine components. When the bidding concluded, it brought $29,325. We can only speculate on what a complete model would sell for, but $50,000 does not seem unreasonable—especially considering there will be no more leaving the Wingrove workshop. Those fortunate enough to have an example in their collection should admire it with a newfound pride and appreciation for a unique piece of art.• 84  Sports Car Market

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Bike Buys / Paul Duchene Rokon 2x2 ! f you're still sitting on a stockpile of bottled water from the Y2K panic, you might just be interested in a Rokon, the ultimate survivalist motorcycle. From creator Charlie Fehn's geeky two-wheel-drive motorcycle dream in 1958, the Rokon has evolved into its present-day form. The bikes have a minimum of 14 inches of ground clearance, can climb a 60-degree slope, power a 2,000watt generator, mow a lawn, plow a field, and even power a fire hose. You can fill the hollow wheels with nine gallons of gas or water and if you don't, the bike will float. How's that for something to put in the back of your Hummer? Two-wheel drive bikes have been around since 1924 when Raleigh developed a trials bike in England. FN built one in Belgium in 1937. Suzuki built a DR 250 for the Australian army in 1983. Even Honda dabbled with a 2WD XR250 in 1988. But the nut to crack has always been how to get power to the front wheel. The Rokon bikes have a simple system that works well: A shaft drive runs up the backbone to the headstock where bevel gears power a chain drive to the front wheel. A one-way clutch solves the overrun problem by discon- necting power to the front wheel whenever the bars are turned. Automatic and three-speed transmissions have both been offered. Disc brakes are fitted on the driveshafts and the bikes carry no suspension, just 15-inch knobby tires and a hinged seat. Early Rokons were powered by two-stroke West Bend and Maico motors, though a Sachs rotary was tested. Models sold today use fourstroke Kohler and Honda engines, making just 6.6 and 5.5 horsepower, respectively. The bikes have a top speed of only about 20 mph, which is more than fast enough for what are essentially two-wheeled tractors. Their light weight and low seat height makes them easy to ride and novice and expert riders alike will be amazed at the places a Rokon will carry them to. Multiple model names for what is essentially the same bike have included Trail-Breaker, Irly1 A N LTD.  Classic Cars WE ARE MOVING! I am pleased to announce the grand opening of our new 35,000 sq ft facility. For the last 15 years Hyman Ltd Classic Cars has acted as principle in the acquisition and sale of specialty collector cars. Over the years many of our friends and customers have requested that we take their cars on consignment, however our limited space did not allow us to do so. Our new facility will not only give us the ability to expand our service department and showroom, but will provide the opportunity to accept select consignments on a limited basis. Our desire to purchase quality collector cars or complete car collections continues, but in addition I invite you to contact me, or one of my associates to discuss how Hyman Ltd Classic Cars can help you sell your car. Sincerely, Mark Hyman  March 2004 WWW.HYMANLTD.COM 314-524-6000 2310 CHAFFEE ST. LOUIS, MO 63146 85 Ranger, Pioneer, Explorer, and Scout. If you buy a Rokon you're going to be your own mechanic, especially if you're headed for the wilderness. For parts and information, the best bet is to deal with the factory, 603.335.3200 or www.rokon.com. Prices for the older models start at about $500. Though Rokons are far from first-rate collectibles, their utility and image are more than sufficient to be of interest to collectors who enjoy the out-of-the-ordinary.• Perfect Rokon 2x2 Owner: Dreams of one day moving to a shack in Montana Fun to ride: *on-road; ***** off-road Ease of maintenance: **cc** Appreciation: tr Years produced:  Colors:  Number produced:  Engine:  Transmission  Weight:  Price new:  Value today:  Cost of full service/tune:  Engine #:  Frame #:  various displacement single-cylinders up to 172-cc, air cooled, both 2- and 4-stroke originally just yellow, then blue, red, white, green, orange, black, camouflage less than 3,000 1960 to present $500-$1,500; still available new for $5,125 under $50 front of engine shroud under se. I 00.41111111Allnil automatic or three-speed, two-wheel drive approx. 210 lbs. $695 in 1968

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Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. *tivredr is best 2004 MAZDA RX-8 Neat Stuff / Bengt Halvorson GT40 LEMANS SLOT CAR SET '11e, est AINEMIlL Likes: Unique rotary engine, 9,000-rpm redline; snickety short-throw shifter; perfect suspension that's never harsh but always firm. Gripes: Busy styling, poor fuel economy; naturally aspirated rotary means no torque; no two-seat version. Fun to drive: tril-15-111-A Fun to look at: 1,r1A-1,c Price as tested: $31,200 Overall ownership experience: ***Or Verdict: The rotary engine makes its return in this successor to the RX-7. A true sports car, the RX-8 is lithe and fast (once you get it moving), and as fun to drive as anything on the road. But why the backseat? Yes, the mini rear suicide doors make it possible for even adults to climb semi-comfortably into the back, but a two-seater would be preferred. Then again, you won't have to sell your RX-8 when it comes time to start a family.—Jeff Sabatini 2003 BMW 760 Li you play with this new 1:32-scale slot-car set, which recalls the original GT40's 1966 podium sweep at Le Mans (the first of four consecutive victories). Includes power supply, controls, and 21 feet of track with a crossover. Requires a 10 foot by 6 foot area. Price: $149.95. Scalextric USA, 253.572.0530, www.scalextricusa.com . CORVETTE LEATHER CHAIR We're willing to bet these big leather chairs, with matching ottomans, are a lot more comfortable than the real thing. They have an appearance inspired by the original 1951 Corvette, with a tuck-androll finish, contrasting white stitching, and the Corvette logo and Cross Flag Crest. The chairs are about 38 inches wide by 35 inches high by 37 inches deep. The matching ottomans have the same material and stitching and are about 26 inches high. If it's a little too retro and red, the C5 and C5/50th Anniversary chairs offer a similar size and construction but with a more contemporary finish and more conservative colors. Price: $1,250 chair, $650 ottoman. Genuine Hot Rod Hardware, 800.575.1932, www.genuinehotrod.com Likes: 438-hp, 6-liter V12, 0-60 in 5.4 seconds. 13-speaker concert system has better sound than Carnegie Hall. More room in back seat than a NYC studio apartment. Terrific suspension and brakes that make the car feel much smaller and lighter than its 123.2-inch wheelbase and 4,900 pounds. Price as tested: $122,095 CHEVROLET SSR MOUSE AND PAD Gripes: User-cruel iDrive that requires a fulltime operations assistant to heat and cool, find new radio stations and work the nay system. Maddening "rain-sensing" wipers that don't self-park when ignition shut off. Counter-intuitive seat controls. Fun to drive: Not using iDrive: *),Wertr, Using iDrive: tr Overall ownership experience: *11 Verdict: Mechanically, a world-class supercar with few peers. However, BMW upper-management maintains that customers will learn to appreciate the wonderful, do-everything iDrive system. Really? I think that selling a $123,000 car that makes you feel stupid would be a pretty tough proposition.—Keith Martin* Fun to look at: *** 86 Lusting after the flavor-of-the-month SSR? Take a breather and satisfy your want with an accessory like this mouse and pad. If your fantasies are still alive in a few months, by then the price will probably have dropped to sticker. This mouse uses a standard PS/2 port and is compatible with Windows computers. Surface-matching mouse pad measures 7- by 9-in. Price: $9.99. Motorsport Direct, 800.480.7302, www.motorsportdirect.com HUBCAPS Missing a hubcap for your classic car and not up for the junkyard chase? Hubcaps Only! might be a place to start if your usual salvage sources run dry. The company has over a million factory-original hubcaps on hand, mostly Drooling over the upcoming (and controversial) Ford GT supercar? If you don't already have an order in, you're probably best off waiting for those willing to pay inflated prices to do just that as for American makes but also including MercedesBenz, Jaguar, and others. All are claimed to be free of scratches. Price: Varies depending on the market, $45.00 each for M-B hubcaps pictured. Hubcaps Only!, 800.826.5880, www.hubcaps.com PORSCHE PINS These enameled-metal Porsche pins are a fun addition to your lapel, shirt pocket or hat. Buttons have a military-style clasp. Available in four different designs: 911 GT1 button or pin, or 911 GT3 button or pin. All are approximately one-half to one inch across. Price: $7.00 each. AutoFanatics, 800.820.1519, www.autofanatics.com DISC BRAKE TABLE CLOCK This die-cast aluminum clock, depicting a slotted/drilled brake rotor and coil-and-shock suspension, will undoubtedly be an attentiongetter for your office desk, and it might just spark someone's curiosity about cars. Brake rotor measures 3.5 inches in diameter and clock face is 2 inches in diameter. Clock "steers" (swivels) on two suspension mounts, and the rotor turns. From AutoArt Design. Price: $65.00. Bob Bondurant Racing, 800.842.7223, www.bondurant.com ITALIAN DRIVING SEATS An alternative to your original sports car seats but one that will fit perfectly with the interior, these sporty Italian Driving Seats are custom-made, upholstered in the original fabrics for your car and stitched in the correct pattern. They have adjustable seatbacks. Jointly imported by Re-Originals and Gran Turismo Sportscars (GTS). Price: $960 per pair with original cloth or vinyl, $1,360 for high-quality leather. Re-Originals, 713.849.2400, www.reoriginals.com; or GTS, 702.353.7175. Have something new and neat that you think the SCM community would benefit knowing about? Please send your product information sheets, catalogs, and sample products to SCM, PO. Box 16130, Portland, OR 97292.* Sports Car Market

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Reviews Ratings: ***** is best. Two copies of books, videos, DVDs, CDs, etc. must be furnished for review. Please send both copies to SCM, PO. Box 16130, Portland, OR 97292 Author:  Publisher: Krause Publications Phone:  Web site: www.krause.com ISBN:  Size:  800.258.0929 0-87349-262-5 Price:  Rating:  STANDARD GUIDE TO AMERICAN MUSCLE CARS John Gunnell 8 by 11 inches, softbound, 304 pages $24.95 Muscle car owners and fans ***** General auto enthusiasts **Cr Standard Guide to American Muscle Cars is somewhat different than the familiar "Standard Guide" series that covers a single marque like Ford or Chevrolet. This book is a compilation of information about muscle cars from the major American manufacturers from 1960 to 2000. It covers the classic muscle cars of the '60s like Galaxies and Impalas, as well as new production models like the Dodge Viper, Ford Mustang, and GM's Camaro/Firebird. It's an easy read with most of the cars receiving at least a half-page of coverage, including full color photos. STANDARDIWIOUTO" -A SLIPERCARSOURGe.130/2K..1e60.2000 likely "tweaked" by the manufacturers to provide better results than the showroom editions. Even so, many of the times were less than stellar, despite legends to the contrary. For example, the 1964 Pontiac GTO convertible tested by Motor Trend in January of that year took 15.8 seconds to run the 1320—about a half-second slower than a new Honda Accord. Oh well. Even if historical record doesn't match up to the memories from our youth, a book like Standard Guide to American Muscle Cars still lets us have fun remembering the legends rather than its facts. — Daniel Grunwald This is a good book for those dreaming of owning this car or that car, or who want to learn about unfamiliar muscle cars like the "Swiss cheese" Pontiac or the limited-production '65 Chevelle Z16. The book doesn't leave too many holes in the subject matter and the price is a relative bargain for the amount of information it contains. Original purchase prices, engine availability, performance and decor packages, and production numbers are listed—as well as performance figures. The performance test numbers for the older cars come mainly from publications like Car Life, Road & Track, and Hot Rod The figures in the book don't show much about stopping distances or track times but who cares—muscle cars are meant to go fast in a straight line. As we now know, many of the cars that were provided for those quarter-mile tests were Upgrading to SCM GOLD may cause your keyboard to sizzle. WARNING. • As an SCM GOLD member you will receive exclusive e-mails giving you near-instant auction results. Sign up today and start getting the inside information you need, sent so fast it may cause your computer to smoke like a two-stroke Saab! www.sportscarmarket.com March 2004 CORVETTE BY THE NUMBERS: THE ESSENTIAL CORVETTE PARTS REFERENCE, 1955-82 Author:  Alan L. Colvin Publisher: Bentley Publishers Phone:  800.423.4595 Web site: www.BentleyPublishers.com ISBN:  Size:  0-8376-028802 Price:  Rating:  8 by 11 inches, softbound, 579 pages $49.95 Corvette owners, restorers, and potential purchasers reference, Chevrolet By The Numbers. This book is possibly the best single reference to date, showing V1Ns, trim tags and combinations, as well as serial numbers and parts Corvette specific version of the well known Non-Chevrolet collectors * Corvette By The Numbers is a specialized, ***** - - I tad* .11faveliv *AM own OWLS MI • Al • IV • 730 NO • 40 •4114 identification specific to Corvettes through the third generation. A necessary addition to any Corvette garage. There are full chapters dedicated to the stamped numbers and codes, as well as casting numbers for engines, heads, crankshafts, cams, intakes, water pumps, exhaust manifolds, and the list goes on and on. Identification of driveline components, alternators, starters, wheels and even hoses and glass are included. The many photos help by showing the sometimes-minor differences in original castings for the different models and even on the different equipment options GM offered. The photos are accompanied by detailed factory design drawings of the various parts. Some of the most-replaced parts, like water pumps and carburetors, are covered in even greater detail—extremely helpful in deciphering which are original factory parts. This is also helpful when you need to find a replacement for a damaged or missing part for a Corvette undergoing restoration. .)y 14-fe–tiwithers" Ns usFt Corwin. Ports 41111111110 hittmios i q OV ALAN L COLVIN This is definitely not a coffee table picture book about America's sports car. Corvette By The Numbers is a detailed reference for anyone who is serious about restoring a Corvette and needs to know more about the parts that are often exclusive to this model. It doesn't do interiors or any soft parts, and at $49.95, it isn't cheap, but if you're trying to identify original parts for your 'Vette it will probably be the cheapest purchase you make. Before you go shopping for a "numbers matching" Corvette, check out this book. —Daniel Grunwald* Take a Porsche Test Drive in Your Easy Chair! riving e Complete EiThllfl SAN* Duane Spence lames I Wallet 888-237-4359 - TPM Auto Books 1 NEW EXPANDED 7th Edition www.RPMAutoBooksicom 87

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Twenty Year Picture Topless Head-Turners $1,800,000 51,600,000 51,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 rr. 1984 • 1985 1986 1987 1988  1989 1990 1991  1992  1993 1994  1995 1 -1997 1996  1998  1999 2000 2001 2002 1972 Ferrari 365 61S14 Daytona Spyder  III 1957 Mercedes 300SL roadster •1958 Aston DB4 dhc Prices are for cars in excellent condition. This information is provided courtesy of the Black Book and Cars of Particular Interest Value Guide. CPI is the guide most often used by credit unions to determine loan values of collectible domestic and imported cars. Ph: 888.760.2267, www.blackbookusa.com • 2003 Mystery Photo Answers "My car passed the California emission test, but my one-horsepower engine didn't like having the probe stuck up his exhaust pipe! —Walter Meyer, Eagle, ID "At last, no more low-rider jokes," thought Juan, as he hitched up his burro and began his epic journey into history.... Annapolis, MD — Jim Rosenthal, "That thing got a Hemi?"—Field Ogden, New Orleans, LA Yeah, I figure she makes about 150 HP at the crank but I think that she loses most of the power through the chassis... Sandy, UT Last time I checked I was only getting 123 miles to the mule.—John King Sr., Libertyville, IL — Lawry Simon, This recent spy photo of yet-to-be-named 2007 model from DaimlerChrysler proves conclusively that the "retro" trend in automotive styling has gone a bit too far.—Steven Sperber, Tarzana, CA Another fairy tale busted...Cinda-trailer 's stepsister tries one last time to get into Prince Charming's special-made-extended-thirdbay.—Linda Merlino, Ridgefield, CT "Don the Sheik" Mohammed stages his top-mule dragster for another scorching run at Baghdad International Raceway.—Pete Woolson, Avalon, CA At the 30th anniversary celebration of the company, the CEO started the presentation 88  with this archive shot of "Passport Transportation, the early years" (With appropriate apologies and good will to one of your loyal advertisers.) — "standby rate"!—Herbert A. Salzman, New York, NY So this is what car transporters offer for the Bill Haines, Portland, OR Using the knowledge gained from shipping Cadillac Allante bodies via Boeing 747 from Pininfarina in Italy to the United States for final assembly, GM accountants leverage the low labor costs as a result of NAFTA and a sluggish economy and bring bodies from a Latin American design firm back to the United States for final assembly.—Frederick Boos, Bend, OR The dealer told him, it had One Horse Power and that he'd be riding high all day.—Javier Idiazabal, London, UK Stan Colona, Plano, TX Horsepower? ...You bet your ass!—Don Brakhage, Boulder, CO photo. $20 if you can guess who's the ass in this — Keenly aware of the mixed press his carrier landing generated, George W. selected a more humble mode of transportation when visiting our troops in Iraq.—Chic Gast, Sonoma, CA For occasions when your Deux Chevaux may be too ostentatious.—John Carter, Houston 7X "test mule".—Robert Weakly, Greenbrae, CA And this month's winner of a sure-to-becollectible-someday 1:18 scale model courtesy ofDave Kinney 's USAppraisal is Walter Meyer, for being sensitive to the sensibilities of his steed—Keith Martin• Unfortunate evidence that wives are sometimes justified in calling their 'car-crazy' husband a jackass.—Stan Colona, Plano, 7X Last time I checked I was only getting 123 miles to the mule. In other words, I am getting lousy-ass mileage.—John King, Livertyville, IL Jim - Bob was very unclear on the idea of a Sports Car Market

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Comments With Your Renewals You've made me afraid to go to an auction and end up with a "Fright Pig!" Don't change.—David Greer, Portsmouth, NH The only magazine I read cover to cover—a pleasure to read every month!—Adam Harden, McConnellsville, NY Great magazine, love the auction result commentaries.. .a few scantily clad women and it would be perfect!—Patrick Vilicich, San Pedro, CA Good mix of high-roller and regular cars: Keep it that way! Jim Schrager should get twice as much space. Don't "over Ferrari."—Jurgen Rott, Bad Arolsen, Germany Peter, as our page count has increased, providing more space, we have started included more articles on how SCM'ers use their cars.—K.M More Porsche, more Porsche, more Porsche!—David Stocker, Phoenix, AZ Make SCM bigger with more specific collector reviews and more slant towards cars for driving sake, not just investment —Peter Ward, La Jolla, CA. I have noticed from time to time that you fail to mention whether a muscle car has an auto trans or four-speed. This is important, not only in value but usefulness.—Wayne Floyd, Snowmass Village, CO. We agree completely. We have asked our analysts to be sure to note that on their evaluation forms, along with engine displacement, induction and adherence to original specifications.—K.M. What a wonderful read. Your team of experts never fails to inform and entertain.—David Hillman, Willowbrook, IL Bigger is usually better, but I gladly settle for the great job you are doing. I would especially like articles about solid buys under $50K, to keep for fun and not just investment —Gordon Ruth, Geneva, IL Please report historic car events in Japan.-1Cazumoto Sasaki, Tukorozawa, Japan. And the same for Australia, New Zealand and other parts of the globe. Can you supply us with a source to report on these events? E-mail contacts to: prof ects@sportscarmarket. com—K. M You've come a long way in ten years. Keep up the good work and the just-right sense of humor—Lawrence Peck, Glen Ellyn, IL More info on Corvettes.—Jay Peterson, Austin, TX Deliver a mechanic with the subscription.—David Bruntlett, Seatac, WA Offer a column on just getting started for non-professional collectors. Cover the basics and some "how-to's" on car auctions—Jack Halliwell, Middletown, RI is very informative. Thanks.—Robert Doyle, Wallingford, CT Excellent as always. Think about a sister magazine about American cars and auction results only—Edward Laureano, Hampton Bays, NY SCM continues to be an interesting read with a good mix of articles and news.—N.S.T Murdoch, Hawthorne, Australia More American muscle era coverage, less foreign.—Dave Brewer, Sanford, FL I never thought my first subscription would lead to my children's addiction to SCM. One wants a Ferrari, one wants a Benz and the third wants "any Glovebox Notes car."—David Ristig, Santa Barbara, CA I found myself going to your article first every week in Auto Week and figured I should just subscribe. Your magazine And thanks to all of you for your thoughtful comments and your renewals.—Cindy Banzer and Keith Martin.• 100% No Reserve Salt Lake City Estate April 3, 2004 1030 Worn 4 fir Sedan 1913 Studebaker Touring 1951 Studebaker Daimon 1930 Ford Model A Cue 1909 Sears Runabout 1926 Pierce Arrow Coach 1934 Rolls Royce Open Front Town Car Irrmio 1966 Fiat 600 1948 Plymouth 4 dr Sedan rt , 40 " 1948 Packard 4 fir Sedan 1926 Buick 2 ilr Sedan 1959 Edge! Villager 4 fir Wagon 1964 Cadillac Devine Cut The Osterloh Estate has the Cars Pictured above plus 28 additional cars not pictured! 1928 ESSEX 4 dr Sedan 1927 Chevy I Ton Pickup ilagella ' -- • Calendar of !InofiFt*Iti (twin! Puyallup, Washington - Feb 7-8-200 cars Portland, Oregon - Mar 27-150 cars Reno in the Spring - May 1-2-250 cars Jackson Hole, Wyoming - July 3-4-150 cars Hot August Nights - Reno - Aug 5-8-800+ cars Sun Valley, Idaho - Sept 4-5-250 cars 544 0 AUCT ONS ,illb.ft-, March 2004 elt 89

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SOW Classifieds Info Showcase Gallery Ad Just $44/month ($66 non-subscribers). Text-Only Classified Ad Just 515/month ($25 non-subscribers) E-mail Showcase photo (300 dpi jpg) and/or text to artdirgsportscarmarketcom. Or call Kirsten at 503.261.0555 x 202; fax 503.253.2234. We will call you for Visa/MC. 25 words max, subject to editing. Deadline is the 1st of each month, one month prior to publication. 1965 Lotus 26R 52. s/n 26-52-30. Most original & (correct 26R anywhere. 1965 SCCA National Champion (Bill Young). Frequent overall & class winner in West Coast vintage races. 180 HP DBE all steel T/C, 1300 lbs. Contours quality restoration 1999. $100,000 firm. Dave 209.754.5802 M-F (CA) 1992 C2 Turbo Coupe. Amazon green metallic over grey supple leather. 600 service just done, dealer serviced from new, excellent cosmetic & mechanical condition. Peter Chapin, 434.823.9638. (VA) 1963 Corvette Roadster. "USRRC'50VREN & CSRG legal B/P race car. 327 rid. Iron Straight Plug Chevy heads, Holley curb, Hooker Headers, Muncie 4-spd, roll cage, fuel cell, 7" American Racing wheels. Fast & reliable, fully sorted and ready to mm. Extra set of 7" American Racing wheels and tires. $46,000. Kurt Kallberg 541349.0549. (OR) 193455 1 Tourer (Jaguar). Red/tan leather. 16hp. Completely restored body & mechanicals. Forerunner to the 55100, only 551 made. Winner at Buckingham Contours 2002. 99.87 points at the JCNA Delaware Club Contours. Invited to Radnor Hunt Contours 2003. $70,000. Mike, 215.628.4961. mjtate1414@cs.com . (PA) 1969 ERA 427 SC. Stunning example with ()prated 375 hp 428 side oiler. Edelbrock heads, water pump and manifold. 4-speed top loader, Jaguar rearend, Halibrand wheels. Correct details including steering and speedo. $52,500. Fantasy Junction, 510.653.7555, fantasyjundion.com. (CA) 1935 AC. 2.0L, SOHC, TriCarb, 6 cyl. Get autos the pre-war grid in a tharoubred for only $45,000. (all for details. 973.394.1525. (NJ) 1966 Mercedes 230SL White/red interior, 4 spd, 2 tops, new soft. Books and tools. Mint condition. $16,500. 201.567.7224 or 201.615.6184. (NJ) 1975 NASCAR/1MSA Ford Torino. Just returned from Goodwood. David Pearson and I had our fun and now it's time to move an. Built w/the combined efforts of Bill France, Holman & Moody, IMSA, and Le Mans. Driven by David Pearson to 1st in GTO class, 16th overall in '76 Daytona 24. $69,000. Gene Felton Restorations 770394.9660 www.genefeltonrestorations.com (GA) 1971 McLaren M8E 80-03. Ex-John Foulston/Richard Dodkins in England. Has FIA papers; won Con-Am Vintage Championship in late '80's. Chevy 5.8 race motor with Lucas injection, Brodix aluminum heads, Vedix mag ; Big Block Chevy available. Hewland LG600 5-speed tronsaxle, Koni aluminum shocks Spares including set of wheels/tires. $195,000. ConAm Cars Ltd. 636.227.3959 (MO) 1958 DevM "D." Professionally restored VSCCA correct car with Log Book. Porsche engine w/Shasta 86mm pistons & jugs, Vic Skirmonts heads & cam. Many upgrades, show car quality, as well as a real vintage race car. $35,000. Don Arey 928.284.3993 (AZ) Fiat Nuevo 500 (new 500 cc) Bambino. (The New Zealand Model "Baby' Fiat). Just completed professional restoration. ' Original, rust-free, ROD, stunning inside & out, sunroof, period beige wool w/vinyl interior. The most desirable "F" model 0/alloy door pulls & appointments such as on boot lid. Put collector. $9,500. Will help with shipping. Ph/Fax 64-33048730. (NZ) 1968 Race Ready Vintage Corvette. 408 cid, 4-bolt main caps, steel crank, (rower rods, longed aluminum pistons, comp. cam, oversized Ferris valves, Crone roller rockers, Brodix aluminum heads, 7.50 Holley, ceramic coated headers, MSD ignition, fuel cell. Trailer, extra wheels, tires, body, and suspension parts, log book, history. $40,000. Paul 203.421.0430 or 2033303857. (CT) • mr=r 1950 00(120. Mike Wilson restoration, judged 'best of Southwest' JCNA for 2000. 2,300 trouble-free miles since, still perfect. Rare Brookland steering wheel. $65,000. 541.266.0900 or churbis@charter.net . (OR) 1963 Triumph Spitfire. Bare frame-up restoration, very fast. Numerous spares. MG logbook. 510,000 Lou Figone, 707.732.0365. (CA) 1997 Chevrolet Camaro Z28 SS (by SLP). 30th Anniversary Car (1 ol 1000 made) w/ 2,200 miles & practically brand new. 6 speed, leather interior, 1-tops and a factory 310hp 5.7hr. 98 LT-1 engine. Pictures are available upon request via e-mail at maxforza@aol.com . $24,500. Michael D. Connillo 917120.8158. (NY) 1971 Alfa Romeo G1V. Mechanically excellent. See through bolster, Connolly leather seats, tan & black. No rust or accidents ever! Show paint. $14,000 or offer. 801.943.0125. (UT) 1967 Chevy Nova. Never rusted, New paint, upholftry, tires & wheels. 350 V8 turbo, 350 trans. Excellent condition. $13,500. Bob O'Hare, 863.635.9008. (FL) 1963 Jaguar XIII This magnificent motorcar has undergone a fresh concours level restoration. Finished in red w/ biscuit leather, black cloth top & restored original tool kit. The fit, finish & detail of this car are among the best. Truly one of the finest XKE's available. $81,500. Hyman Ltd. Classic Cars 314524.6000. www.hymanitd.com. (MO) 1965 Braham BT-15, s/n F3-12-65. All steel downdraft Crowther 118 hp engine with tuning time only, Hewland Mk 8, fuel cell, fire system. Set up for taller driver, known and interesting history. $32,500. Fantasy Junction, 510.653.7555, fontosyiunction.rom. (CA) Canepa Design 'Limited Edition' Hummer 02. 500 HP, Suspension & Brake upgrade, complete exterior customization inc. monochromatic paint. 18' Wheels/Tires. Cooled: Canepa Design, 831.4235704; www.canepa.com . (CA) 1957 Bentley SI. standard saloon, RHD, dependable 6 cyl. auto trans, recent brake work, new tires, nice patina, a good first British ownership experience with attention-getting looks. $12,000 negotiable. Kelly, 800.290.3767. 1985 Porsche Carrera. 1 owner, 46k as new, window sticker, guards red, blk leather, drivers seat lumbar, sunroof, factory Fuchs, cruise, Blaupunld CD, cover and bra, new tires, rare opportunity. $25,900. Serial #WPOAB0910FS120663. 513.312.1378 or 513.933.8110. (OH) 1955 Austin-Healey BN100. 3-spd w/electric OD, 29K original miles, 1999 ground-up restoration, garaged, mint condition, soft top & tonneau covers, folding windscreen, single lug wire wheels, owner since '57, reduced to $34,500. jayneferris@aol.com or call 306.615.0670,386.2123165 (FL)

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SCM Showcase Gallery 1931 Cadillac V-16 Fleetwood Roadster. This magnificent motorcar has undergone a restoration to concours standards. This is the last of 105 9-16 Roadsters to have been built. One of the finest V-16 (edified known. Please call us for full details. $335,000. Hyman Ltd. Classic Cars 314.524.6000. www.hymonitd.com . (MO) 1938 Talbot-Logo 1-23.  Stunning condition throughout. Factory body with Figoni & Falaschi details, disappearing top, 4liter engine, Wilson pre-selector and aluminum wheel discs. Runs and drives excellently. $195,000 Fantasy Junction, 510.653.7555, fantasyjundion.wm. (CA) Ford Excursion. 'Show Truck , 73 liter Turbo Diesel, 20 mpg, excellent tow vehicle, over $100,000 in exterior, interior and performance upgrades. PRICED TO SELL! Contact: Comma Design 831.423.5704; www.conepa.com . (CA) 1997 Porsche Twin Turbo. Slate grey w/borster red interior, Filcse FM10's, 15 factory options, over $30K spent on performance enhancements induding Gil turbos, adj suspension, FVD ECU & intercooler & more. 2 sets of wheels & seats, 41K miles, perfect road, asking $87K obo. Call Rob @949.443.2233 or e-mail wolflurbo@aol.com . (CA) Richard Petry Pontiac Grand-Prix. Custom "One-Off Show Car. Created by Conepa Design & Donny Sullivan to commemorate Petry Racing 50" anniversary. Contact: Canepo Design 831.4233704 ; www.canepa.com . (CA) 1991 Ferrari Mondial T Cabriolet. red/tan, 29,000 well serviced miles, major service done with receipts to verify. Ready for the warm weather. $48,000. 860.350.1140. E-mail forzamot@aolsom. (CA) 2000 Birldn 53. Low, low miles, fuel injected Teter, 13" Panasports with Yokohomas A032R, Kirkey seat (original seat induded). Removable steering wheel, weather equipment. Fun. $22,000 or Alfa/356 Trade? 503.645.0445. rloevry@bitogo.com . (OR) 1990 Ferrari F40. sin 87454. USA model with 13,339 miles. Tubi exhaust with catalysts. $14,00D00 in recent work by Ferrari of San Francisco. $290,000. Fantasy Junction, 510.653.7555, fantasyjundion.com . (CA) 1963 Corvette convertible, red w/top, black interior, 327/300 hp, 4 spd, belly w/mcoching #s, restored condition, pictures available. $34,500. 757.222.9408 nedsowells@larrymore.com . (VA) 1997 Porsche 993 Targa. Arena Red, ton leather interior, 6 spd, 35,000 miles. Excellent condition. 30K service completed, needs nothing! $47,500 obo. Other hobby taking over for a while. flydrifter@hotmaileom or 425.376.0202. (WA) 1982 Fiat X 1/9, only 23,000 miles, great original condition, recent major servicing, garaged, originally rust-proofed, service records, rarely driven. $5,000. 914.232.0065. (NY) 1999 Porsche 911 Camera Cabriolet. Silver, dark blue leather, CD changer, full and supple leather podcage, six speed, aluminum trim, like new Pirrelli tires, like new condition! For more info or additional photos e-mail mitchellwmnw.net or call 334.396.8877. (AL) 1966 Chevrolet C-10 Pickup. Custom cob, large rear window, 283ci 98, manual transmission. Very nice condition. $8,900. Call 631.728.7724 or Nelle247L@aol.com. (NY) 1972 Citroen DS 21 Pallas. Daily driver with recent upgrades, SS exhaust, water pump, mirrors, hoses, excellent hydraulics. Victoria, Canada. Bill, 250.381.4440. (BC) 1928 Bugatti Type 38A This restored Grand Sport Tourer is finished in French Rating blue w/tan leather. The chassis, body & engine are original components & the car has had a comprehensive mechanical restoration by a well known Bugani specialist. $179,500. Hyman Ltd. Classic Can, 314.524.6000. www.hymanitdeom. (MO) -10111! 'n=q1IR 1962 Austin Mini Cooper. Restored from a '68 MKII. Mostly new pads. 12756+, Kent 276 cam, Alder, adjustable suspension, LCB exhaust. Over $20,000 invested. $15,000. 610.944.1975 or eurogt@msneom. (PA) 1981 Delorean. Current Owner purchased 1994. Automatic. Black interior. Original mats and sport stripe. Driver's bolster recovered, gullwing doors headliners recovered, door pistons, newer battery. Complete papers & owners manual with pouch. 12,835 miles. $17,000. 440.826.1551. (OH) 1954 Lincoln Capri 2-door Hardtop. These Capra won their doss in the Carrera Panamericana from '52 through '54. Could be converted to current Carrera specs. Older restoration in great cond. Leather & power windows. eBay (archon begins January 30th if not previously sold. $17,995. Bill Penny. Monte Shelton Jaguar. 503.478.2407. (OR) 1960 AC Bristol 100-D2 Ace. Old English white with biscuit leather. Two owners, 47,000 miles. Top, tonneau, tools, handbook and all records. Exceptional condition. Charles (rail Automobiles, 805.568.1934. www.charlestrail.com . (CA) 1952 "Mechanics Illustrated Special' Rare, fast, rust free, steel 50's V-8 Special. Eddie Meyer speed equipped + balanced Ford F/H. Orig. CA plates. Orig. plans, drawings, etc. This one is REALLY neat! $19,000 obo. 805.466.1015. (CA) 1953 FORD F100 Deluxe Panel Delivery. Original Matching  I 1989 Anniversary Lamborghini Countach. red/tan with No#'s. Flathead 98. Body off restoration. 50th Anniversary model.  One of a kind. $21,500 USD. www.siyamcors.com . 604.644.0911.  (BC) red piping, Euro bumper, rear wing, 5,000 miles. $89,000. 440.460.0161. (OH) 1970 Maserati Ghibli Spyder. Silver with Block Leather and Black Top, Serial # A6111551157. Complete mechanical and cosmetic restoration, all documentation available. Power Steering and Brakes. Show Car. 954.785.8600. www.progressivemotors.com . (FL) 1958 Porsche 356A Super Cabriolet. Body #150759, engine #82304 (matching). Originally white, now factory Messein Blue with no obvious evidence of color change. Stunningly restored on a no-rust car eBay auction begins January 30th if not previously sold. $49,995 Bill Penny. Monte Shelton Jaguar. 503.478.2407. (OR) '

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Resource Directory Advertise in the SCM Resource Directory. Call 877.219.2605 x204 for information, e-mail: scmadvert@sportscarmarketcom. AUCTION COMPANIES Artcurial-Briest-Poulain-Le  Fur. 33-01 42 99 20 20, fax 33-01 42 99 20 21. Maison de vente aux encheres, 7, RoadPoint des Champs Elysees, 75008 Paris. e-mail: artcurial®auction.fr. www.poulainlefuncom. (FR) Barrett-Jackson Auction. 480.421.6694, fax 480.421.6697. 3020 North Scottsdale Rd, Scottsdale, AZ 85251. e-mail: info@banettjackson.com. www.barrett-jackson.com. (AZ) Bonhams. 415.391.4000, fax 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103; Montpelier St., Knightsbridge, London, SW7 11TH., fax 44.207.585.0830. www.bonhams.com. (CA) Branson Collector Car Auction, 800.335.3063, contact Jim Cox, fax 417.336.5616, 1316 W. Hwy. 76, Suite 199, Branson, MO, 65616. www.bransonauction.com. (MO) Christie's. 310.385.2699, fax 310. 385.0246. 360 N. Camden Dr., Beverly Hills, CA 90210. www.christies.com. (CA) Dana Mecum Auction Company. 815.568.8888, fax 815.568.6615. P.O. Box 422, Marengo, IL 60152. www.mecumauction.com . (IL) eBay Motors, a part of eBay Inc. List your car for sale for only $40 and pay $40 more when it sells. Visit the "Services" section on www.ebaymotors.com for more details. H&H Classic Auctions. 44.1925 730630, fax 44.1925 730830 Whitegate Farm, Hatton Lane, Hatton, Cheshire, UK. WA4 4BZ info@classic-auctions.co.uk, www.classic-auctions.com. (UK) Kruse International. 800.968.4444, fax 260.925.5467. P.O. Box 190, Auburn, IN 46706. wwwkruseintemational.com. (IN) Kensington Motor Group, Inc. 631.537.1868, fax 631.537.2641. P.O. Box 2277, Sag Harbor, NY 11963. KenMotor@aol.com . (NY) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, fax 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262. classiccarauction.com. (CA) RM Auctions, Inc. 800.211.4371, fax 519.351.1337 One Classic Car Dr., Blenheim, ON NOP 1AO. www.rmauctions.com. (CAN) Russo and Steele. 602.252.2697, www.russoandsteele.com. (AZ) Silver  Auctions.  800.255.4485, 2020 N. Monroe, Spokane, WA 99205. si1vetiispokane.net, wvvw.silverauctions.com. (WA) Santiago Collector Car Auctions. 800.994.2816, fax 405.843.6251. 7321 N. Classen Blvd., Oklahoma City, OK 73116. E-mail Rocky: rocicydb5@sbcglobal.net . (OK) Spectrum Auctions. 818.999.0832, fax 818.999.0816. 23295 Ventura Blvd., Woodland Hills, CA 91364. www.spectrum auctions.com. (CA) APPRAISALS Dave Brownell's Vintage Auto Appraisals. Phone 802.362.4719; fax 802.362.3007. 25-plus years experience nationwide and internationally. Single cars or entire collections. Brass cars to contemporary supercars. Complete services from pre-purchase to insurance, donation, estate, expert witness. E-mail: dbrownell®sprynet.com . (VT) Charles W. Clarke. Phone.fax: 860.658.2714. Automotive consultant and appraiser. Hartford, Connecticut area base. 92  State of Connecticut licensed. 40-plus years automotive experience, appraisals and wherewithal to address most any situation. We travel. E-mail: cwc-cars@cox.net. (CT) Cosmopolitan Motors LLC. 206.467.6531, fax 206.467.6532. Complete appraisal services for any and all vehicles of particular note. Over I billion dollars in worldwide experience. We will help you in your time of need: We negotiate for you. Settlements, insurance, disputes, estates, pre-purchase, donations, etc. E-mail: appraisals@cosmopolitanmotors.com. (WA) USAppraisal. 703.759.9100. 25 years experience with collector automobiles, available nationwide. Call or visit our Web site. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). E-mail: dhlcinney@usappraisal .com; www.usappraisal.com . (VA) Joseph  L.  'Iroise  415.332.8183. Serving SF Bay Area and northern California. Prompt, personal, professional and affordable service for insurance, legal, IRS and pre-purchase inspection. Free phone consultations. joetro@pacbell.net; www.bestyellow.com .classicindex.htm. (CA) Auto Appraisal Group. 800.848.2886. Nationwide, over 50 offices. Certified Appraisals. Pre-purchase inspections, insurance matters, charitable donations, resale values, estates, expert witness. Onsite inspections. Confidential. www.autoappraisalgroup .com."Not just one man's opinion of value". (VA) Classic Car Research. 248.557.2880. fax 248.557.3511. 15 years in business, 1AAA, for loans, estates, divorce, insurance and pre-purchase. Detroit area, will travel. wwwjmkclassiccars.com or kawifreek@msn.com . (MI) Dean V. Kruse. 260.927.1111, fax 260.920.2222. Certified appraiser with 35 years in the business, appraisals completed for most of nationwide banks and insurance companies. Kruse International auctions more than 10,000 collector cars per year. One car or collections, donators, estates, disputes, pre-purchase inspections, attorneys, buyers, sellers. All inquiries kept confidential. E-mail: dlcruse@myvine.com. (IN) Featherman & Co. Inc. 610.645.5595. Scott Featherman has over 20 years experience and is both a certified IAAA appraiser and ASE master technician. Complete services include appraisals, pre-purchase inspections, expert witness and advisory. Personal, prompt, confidential—available nationwide. For more information, see our ad this issue. E-mail: scott@feathco.com, Web: www.FeathermanCo.com . (PA) AUTOMOBILIA Spyder Enterprises: 831.659.5335, fax 831.659.5335 Since 1980, providing serious collectors with the finest selection of authentic, original vintage posters, prewar thru mid-1960's; mainly focused on Porsche, Ferrari, Mercedes, & racing. Producer of "Automobilia Monterey" August 10-12, 2004. Halon Fire Extinguishers; Porsche 356 leather accessories; Ferrari repro tool kit, 250-330. 38-page list of memorabilia via email at singer356@aol.com or www.vintageautoposters.com. (CA) Spyder Enterprises: 831.659.5335, fax 831.659.5335. Authentic vintage posters, postcards, memorabilia (1960s and earlier); mainly focused on Porsche, Ferrari and racing. Leather accessories for Porsche 356; Halon fire extinguishers for your classic car; Ferrari 250/275/330 repro tool kits. Free 36 page list of all items by e-mail at: singer356@aol.com . (NY) L'art et l'automobile gallery & auction house: 631.329.8580. 25 years of experience, 2 auctions yearly (June & December), catalog subscription $20.year or online at www.arteauto.com. We carry a large collection of out-of-print books, vintage posters, prints, artwork, literature, memorabilia, etc. E-mail: jvautoart@aol.com, fax: 631.329.8589. (NY) BUY.SELLGENERAL Cosmopolitan  Appraisals. 206.467.6531, fax 206.467.6532. 2030 8th Ave., Seattle, WA 98121. Experts in collector cars worldwide. Whether buying, selling, evaluating, consigning or appraising, we cut the edge on the current market. Over 1 billion dollars in worldwide experience. Top prices paid; from one car to entire collections, condition and location are no obstacles. "We covet the rare and unusual, whether pedigreed or proletarian." E-mail: sales@cosmopolitamnotors.com. (WA) eBay Motors, a part of eBay Inc. The World's Online Marketplace. Consistently ranked the best automotive site on the Web by Nielsen.NetRatings. Everyday drivers, collector cars, auto parts and accessories, motorcycles and automobilia. List your car for sale for only $40 and pay $40 more when it sells. Every vehicle transaction is covered by $20,000 in free insurance. Visit the "Services" section on www.ebaymotors.com for more details. Motors  LLC. Fantasy Junction. 510.653.7555, fax 510.653.9754, www.fantasyjunction.com , e-mail sales@fantasyjunction.com . Specializing in European collectible autos and racing cars from the 1920s to the 1970s, with over 50 cars in stock. Bruce Trenery has over 25 years experience in this business, based in the East Bay area. Clients and contacts worldwide with satisfaction as the hallmark. 1145 Park Ave., Emeryville, CA 94608. (CA) Grand Prix Classics. 858.459.3500, fax 858.459.3512. Specialize in the buying, selling trading and consignment of historic sports cars and racing cars. Been in business for 25 years and maintain an inventory of 15 to 20 historic cars. Large extensive poster inventory. Located at 7456 La Jolla Blvd., La Jolla, CA 92037. www.grandprixclassics.com; Email: info@grandprixclassics.com. (CA) Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the US with over 100 cars in stock. We act as principle in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include Europeans sports cars and fill classics. We try hard to offer something you have never heard of Select consignments considered. www.hymanitd.com. (MO) Oldtimer Garage. 41.31.819 00 00, fax 41.31.819 51 91. Gurbestrasse 3, CH-3125, Toffen, Bern, Switzerland. www.oldtimergarage.com. (CH) www.historicalcars.com We BuyWe Sell-We Find. Europe.US.Asia.Far East. If you are looking to buy or sell a vehicle(s) with historic or collector appeal, try us. 30 years of experience, your satisfaction our priority. Any time—Any place—Anywhere. www.historicalcars.com . CLASSIC CAR TRANSPORT Cosdel International. 415.777.2000, fax 415.543.5112. Now in its 33rd year of inter- national transport. Complete service, including import.export, customs clearances, DOT and EPA, air/ocean, loading and unloading of containers. Contact Martin Button, e-mail: info@,cosdel.com; www.cosdel.com. (CA) Passport Transport. 800.325.4267, fax 314.878.7295. Classic and specialty cars delivered anywhere in the USA. Special event services, including Pebble Beach, Monterey Histories, BarrettJackson, and Auburn. Standard-of-theindustry service since 1970. www.passporttransport.com . (MO) Intercity Lines, Inc. 800.221.3936, fax 413.436.9422. Rapid, hassle-free, coast-tocoast service. Insured, enclosed transport for your valuable car at affordable prices. State-of-the-art satellite transport tracking. Complete service for vintage races, auctions, relocations. www.intercitylines.com . (MA) PC BEAR Auto Transport specializing in all types: hobby, collector vehicles, toys, neat old stuff, regular cars, parts, and winching. Life long car nut. Equipment serviced and maintained by me. Clean driving record since 1959 in all states. ICCMC, US DOT insured. I sleep in my truck while transporting. Inspection and check delivery service. Door to door delivery. PC Bear, 135 Broad St., Akron, PA 17501. 717.859-1585. Talk to me anytime. Thank you. (PA) Concours  Transport  Systems. 253.973.3987, fax 253.851.4707. Enclosed auto transport nationwide. Lift gate loading, experienced personnel. Classic & exotic cars. Special events—fully insured. Fred Koller, owner. fredkoller@ concourstransport.com , www.concours-transport.com . (WA) COLLECTOR CAR FINANCING J.J. Best Banc & Company. 800.USA.1965, fax 508.945.6006. The largest national leader on Antique, Classic, Exotic, Rod and Sports Cars with rates starting at 4.99% and long terms from 5 to 12 years. Call, fax or e-mail your application today for quick 10 minute approval. Efficient and professional service is what you deserve so don't hesitate, call us today to be in the driver's seat of your dream car tomorrow. wwwijbest.com. (MA) COLLECTOR CAR INSURANCE American  800.360.2277. We've been taking the hassle-and expense-out of insuring collector vehicles since 1976. Get the collector coverage you need, at a price you won't believe! Visit us online for an instant rate quote, www.AmericanCollectors.com, or call toll-free. Available in all states except AK and HI. (NJ) Collectors Insurance. Hagerty Collector Car Insurance. 800.922.4050. Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost significantly more won't do the job. With Hagerty, we'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. See what Hagerty can do for you! Call 1.800.922.4050, or visit our Web site at: www.hagerty.com. (MI) American  Hobbyist  Insurance. 800.395.4835. From "brass 8c wood" antiques to modem day classics, our program accepts a wide range of collector vehicles. Enjoy excellent coverage & low "collector" rates. No strict mileage limitations in most states. Call toll-free or visit us online at Americanflobbyist.com . (FL) Sports Car Market

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2ND ANNUAL SCM/STEVE AUSTIN'S GREAT VACATIONS GOODWOOD REVIVAL CAR COLLECTOR'S DREAM TOUR TO ENGLAND • AUGUST 30 2004 - SEPTEMBER 8, 2004 • • MOTOR MUSEUM • .14 >ZS" VI/ I BACK BY POPULAR DEMAND! The SCM Goodwood Revival Tour, a car collector's dream, returns SC/lifers can look forward to some superb events and great camaraderie The tour will visit factories, car collections, an auction and the 'Holy Grail' for enthusiasts—the 'Goodwood Revival historic race meeting All this is wrapped with beautiful English countryside touring and highlighted with famous guest speakers and private functions. Slated are visits to Jaguar, RollsRoyce and a private viewing of Lord Montague's National Car Collection. Keith Martin, along with specialists from Bonhams, will conduct a preview of the Bonhams Goodwood auction Martin and Cindy Banzer will offer professional consultation and advice throughout the tour. Celebrity guest speakers enliven our dinners with witty and entertaining presentations along with informative narration. Once again historic racer, Speed Channel celebrity and car guru, Alain de Cadenet will lead an in depth tour of the Goodwood Paddock with the added opportunity of meeting other drivers New this year, every participant will have a private FM receiver and headset throughout the tour to ensure that every word from the tour leaders and speakers is easily heard The tour also acknowledges the naturally beautiful English countryside We include back roads touring, and lunch at an old village pub. Plus, a repeat of one of the most popular events of our first tour, a visit to a small village garage that has morphed into a museum Add to that 'High Tea' at a medieval inn (complete with a secret escape passage once used by King Charles I) and, we believe, we have a truly great program Please join us. Space is extremely limited, to ensure a quality experience. Our Monaco tour sold out very quickly . Cost of Tour $3,275 per person/twin occupancy, $745 single supplement. Air not included. Cost subject to change in relation to the exchange rate with the British pound. $600 reservation required to secure your position. CALL OR E-MAIL TODAY: STEVE AUSTIN'S GREAT VACATIONS 1-800-452-8434 EMAIL: STEVEAUSTINI@CANBY.COM

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COLLECTOR CAR LEASING Premier  Financial  Services. 203.267.7700, fax 203.267.7773. With over 20 years of experience specializing in exotic, classic and vintage autos, our Lease.Purchase plan is ideal for those who wish to own their vehicle at the end of the term as well as those who like to change cars frequently. Our Simple Interest Early Termination plan allows you the flexibility of financing with the tax advantages of leasing. We make leasing as simple as turning the key. www.WhyNotLease.com. (CT) Putnam Leasing. 866.90.LEASE (866.905.3273). Never get in a car with strangers. Custom-tailored, lease-to-own financing for your dream car. Easy, fast and dependable. Exclusive leasing agent for Barrett-Jackson, Cavallino and Ferrari Club of America 2004 International Meet. Go with people you trust Call toll free or visit www.PutnamLeasing.com . (CT) PHOTOGRAPHY Bob Dunsmore Racing Photography. PO Box 80008, Multnomah, OR 97280. 503.244.4646. Email: photoraces@aol.com. (OR) RESTORATION.GENERAL Guy's  Interior  Restorations. 503.224.8657, fax 503.223.6953. Awardwinning interior restoration. Leather dyeing and color matching. 431 NW 9th, Portland, OR 97209. (OR) SPORTS AND COMPETITION I,4% nage Raabe, ' Vintage Racing Services, Inc. (ARI/ VRS), 203-377-6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Vmtage race car restoration, preparation and race track support at events throughout North America; in Europe and South America by arrangement. Historic Rally Support www.vintageracingservices. com. (CT) VINTAGE EVENTS The Colorado Grand. 1,000 mile tour of western Colorado. Pre-1961 sports cars. Frank Barrett. 970.926.7810, fax 970.926.7835. (CO) ENGLISH Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the US with over 100 cars in stock. We act as principal in the acquisition of collector cars and are aggressive buyers for corn- plete collections. Our specialties include Europeans sports cars and full classics. We try hard to offer something you have never heard ofl Select consignments considered. www.hymanitd.com. (MO) Repairs/Restorations/Race International Motor Car Repair, Inc. ph.fax 845.226.9027, Hopewell Junction, NY Specializing in the repair of all British cars. Factory trained Rolls-Royce and Jaguar technician. Located an hour and a half from the New York Metropolitan area. Pick-up and delivery arranged. Call Jeff Palmero. (NY) AC JWF Restorations, Inc. 503.643.3225, fax 503.646.4009. Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615 USA. AC restoration specialist. 35 years experience. Partial to full restorations done to street or concours standards. (OR) AC Owner's Club Limited. 503.643.3225, fax 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St, Portland, OR 97225-4615 USA. The World's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) Austin-licalcy Austin-Healey Club USA. 888.4AH- CUSA, fax 503.528.0533. 8002 NE Hwy 99, Ste B PMB 424, Vancouver, WA 98665-8813. Oldest national AustinHealey club and factory club heritage. The resource for all current and future owners. Members receive Austin-Healey Magazine, Resource Book, calendar, tech assistance, book discount. Annual dues still just $35. Visa/MC accepted. Visit our Web site: www.healey.org. (OR) Aston Martin Kevin Kay Restorations. 530.241.8337. 1530 Charles Drive, Redding, CA 96003. 6-Cylinder Aston Martin DB's our specialty, from DB2 through DB6. All Astons welcome, along with other 1950's and 1960's British and European sports and classics. We do it all, from engine overhaul to show-winning paintwork. We buy Astons. www.kevinIcayrestorations.net . (CA) Rocky Santiago. 405.843.6117, fax 405.843.6251. 7321 N. Classen Blvd., Oklahoma City, OK 73116. Specializing in Aston Martins, all years, all conditions. Buy.sell.consign. If you are buying or selling, please call. Also have Healeys, MGs, Triumphs, etc. (OK) Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARLVRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Clas- NW COLLECTOR CAR INSURANCE MIR  Jaguar Clubs of North America. 888.CLUBJAG, Write: JCNA, 1000 Glenbrook Road, Anchorage, KY 40223. Join the primary organization of Jaguar enthusiasts in US.Canada. 52 local clubs provide social and other activities. JCNA sponsors championships in concours, rally, slalom. Members receive bi-monthly Jaguar Journal magazine. www.jcna.com. (BC) Morgan Northshore Sportscars. 847.247.0447. Authorized Agent for Morgan Motor Company. Sales, Service, Restoration for all vintage British Marques. Always buying clean original and restored examples. Austin-Healey, Jaguar, MG, Triumph. Visit our Web site, northshoresportscars.com . Lake Bluff, IL. Rolls-Royce/Flentley Automotive Restorations, Inc. Vintage Racing Services, Inc. (AFILVRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest and race cars. Sales, restoration and transportation. VintageRacingServices .com, AutomotiveRestorations.com. (CT) Peter Hageman, Vintage Automobiles. 206.954.1961, fax 425.287.0660. P.O. Box sic, special interest and race cars. Sales, restoration and transportation. www.VmtageRacingServices.com, www.AutomotiveRestorations.com. (CT) Aston Martin Owners Club East Coast and Canada Contact: Robert Stockman, Chairman: 386.446.8081 386.445.6000 RMSAMRAD@PCFL.com 20 Marbella Court, Palm Coast, FL 32137 Sponsors many events including social, concours and speed throughout the year from the east coast to the Mississippi. Historical information, technical resources and sales information relating to old and new cars available to members. (FL) Jaguar JAGUAR PARTS AT WHOLESALE PRICING Huge Factory Fresh Original Parts Inventory Ready To ship w/Overnigbt Delivery CALL MONTE SHELTON JAGUAR: JAGUAR 1-800-819-5681 554, Kirkland, WA 98033. Prewar European autos, Bentley and Rolls-Royce, specializing in vintage Bentleys. (WA) ALFA ROMEO Parts Jon Norman's Alfa Parts. 510.525.9435, fax 510.524.3636. Large selection of parts from 1900 series to Milano. Efficient, personal service. 1221 Fourth Street, Berkeley, CA 94710. (CA) Centerline— Alfa Parts. 888.750.ALFA (2532). Call for free catalog. New and used parts, accessories, restoration, modification, and information for Giulietta through 164. We know the cars and we have the parts. Visit www.centerlinealfa.com for frequent updates on new items. (CO) International Auto Parts 800.788.4435, 434.973.0555, fax 434.973.2368. Est. 1971. Over 90,000 Alfa. Fiat. Lancia parts, 1956 to present, in stock, ready to ship. Fast, knowledgeable service + same day shipping! FREE 76 page catalog. www.intemationalauto.com. (VA) Performance Motoring Associates 831.338.9703, fax 831.338.2031. Former Alfa Romeo dealer and SCCA racing champion, Al Leake has over 30 years of experience to compliment his new restoration shop. Specializing in Giulietta.Guilia. Extensive inventory of cars, racing components and parts. Lightweight body panels, Sebring racing suspensions and complete restorations now available. E-mail Alleake@aol.com, 12895 Highway 9, Boulder Creek, CA 95006. alfaromeo-restorations.com (CA) Re- Originals. 713.849.2400, fax 713.849.2401. THE US source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit www seoriginals.com for complete listing. (TX) Nasko's Imports. 503.771.1472, 5409 SE Francis, Portland, OR 97206. Oregon's oldest and most respected Alfa repair and performance tuning facility. Milano spoken here! Ask about our used Alfas for sale. Fast work, fair prices. (OR) Repairs/Restoration Dan Sommers's Veloce Motors. 503.274.0064. 1425 NW Flanders, Portland, OR 97209. More than two decades of helping Alfa, Ferrari, and Lamborghini owners keep their cars on the road while not emptying their bank accounts. Other Italian cars serviced as well. (OR) FERRARI/MASERATI/LAMBORGHINI Ron Tonldn Gran Turismo. Sales, 800.547.4455, 503.255.7560. Service and Parts, 800.944.6483, 503.257.9655. Ameri- Travel begins here . . . Stephanie Warrington The Official Travel Agent for Sports Car Market INSURANCE,  INC. Representing 1615 NE Broadway Portland, OR 97232 503-288-8818 ; 866-846-6268 www.timmco.com AGREED VALUE I LOW PREMIUMS 94 email: stephanie@wtpdx.com  503.231.5103  800.594.0805  Specializing in International Travel, Custom Vacations & Groups 700 NE Multnomah, #478 Portland OR 97232 World Travel Inc. Sports Car Market

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 ca's oldest and most dedicated Ferrari dealer. New and used exotic cars. Also, huge parts department with fast, fast service. 203 NE 122nd Ave., Portland, OR 97203. (OR) Garry Roberts & Company. 949.650.2690, fax 949.650.2730. 922 Sunset Dr., Costa Mesa, CA 92627. Specializing in sales of Ferrari and other exotics. Consignments, brokerage services, references available. Extensive computer database. Whether buying or selling, call. (CA) ItalParts. Fax +31 172 240536. Specializing in Italian car parts and prewar car parts. 25 years of experience in finding all kinds of parts. Lots of spare parts in stock. Look on my Internet site: wwwitalparts.com . If you don't find the part there, send us an e-mail: info®italparts.com. Buy Italian engines.parts.cars of pre-war period and '50s and early '60s. (IT) I constantly collect and sell all Ferraris, Maserads and LamborghiMs. 310.274.7440, fax 310.274.9809, simonrandy@aol.com . 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. Randy Simon. (CA) Re- Originals.  713.849.2400,  713.849.2401. THE US source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit www .reoriginals.com for complete listing. (TX) Gentry Lane Lamborghini. 416.535.9900, fax 416.535.8152. Also Canada's largest Ferrari parts inventory. Under new ownership. Call today with your needs. Jason Popovich. (ON) Symbolic Motor Car Company. 858.454.1800, fax 858.454.1890. 7440 La Jolla Blvd., La Jolla, CA 92307. Largest dealer of exotic Ferraris, Jaguars, Alfas and other cars in the world. Always a superb array of important cars on display. Interesting trades always considered. www.syrnbolicmotors.com . (CA) Michael Sheehan. 949.646.6086, fax 949.646.6978. Always looking for cars to buy, from rare one-offs to serial production ordinaries. Ferrari, Lamborghini, Lotus— call me first or call me last, I'll make you the best cash offer. Buyers, let me use my 20,000-car database to help you find scar, or verify the history of one you are looking at. www.ferraris-online.com. (CA) fax Thomas Shaughnessey Consulting. 949.366.6211, fax 949.366.6827. Professional buyer of Ferraris, primarily '50s, '60s and '70s. Also have extensive Lambo and Maser experience. Additionally deal in Ferrari engines. More than 350 Ferrari wheels in stock. Call today for straight talk and honest advice. San Clemente, CA. Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARLVRS). 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest and race cars. Sales, restoration and transportation. www.VintageRacingServices.com, www.AutomotiveRestorations.com. (CT) FORZA:  860.350.1140,  860.350.1148 emaill:forzamot@aol.com Buyers and sellers of Ferrari, Maserati, Lamborghini and related exotic cars. Call today for friendly, helpful advice. Buyers for cars in any condition, also interested in memorabilia, parts, manuals, books, etc., related to above cars. Willing to compensate for information that leads to purchase. www.forzamotorsports.com . (CT) GERMAN Mercedes-Benz Alex Dearborn in Topsfield, MA. 6644, fax 978.887.3889. Buying, selling and trading vintage Mercedes. Specializing in 300SLs. Large database of older MBs. www.dearbornauto.com. (MA) Gull Wing Group International. Gary Estep, 530.345.6701. 776 Cessna, Chico, CA 95928. Dedicated to the enjoyment and preservation of 1954 to 1963 MercedesBenz 300SL Coupes and Roadsters. You do not have to be an owner to belong. Member benefits include: twelve monthly magazines per year plus a national convention that rotates its location around the country. Also, reproduction parts and much more. (CA) Mercedes- 978.887- 800.637.2360. MBCA, 1907 Lelaray St., Colorado Springs, CO 80909. World's largest Mercedes-Benz club, 33,000 members, all models, 1886-onward; excellent 120-page color magazine, The Star, with how-to tech articles, history, new models, racing, hundreds of cars for sale, ads free to members, much more. New car raffle, tech assistance, national events, more; dues $45/yr. www.mbca.org. (CO) fax Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARLVRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest and race cars. Sales, restoration and transportation. www.VintageRacingServices.com, www .AutomotiveRestorations.com. (CT) Porsche 356 Registry. 810.688.9090, fax 810.688.9091. 356 Registry, 3359 Kings Mill Rd, North Branch, MI 48461. A club o o has f Originals. 713.849.2400, Sicurvetro windshields for Porsche 356. Speedster bucket seats, driving seats for all models. www.reoriginals.com. (TX) BMW Benz Club of America. Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest and race cars. Sales, restoration and transportation. www.Vint-ageRacingServices.com, www. AutomotiveRestorations.com . (CT) AMERICAN Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the US with over 100 cars in stock. We act as principle in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include Europeans sports cars and full classics. We try hard to offer something you have never heard ofl Select consignments considered. vvww.hymanItcl.com. (MO) Shell)) Shelby American Automobile Club. 860.364.0449, fax 860.364.0769. P.O. Box 788, Sharon, CT 06069. Over 5,000 members, 50 Regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby produced. Two national conventions a year, semi-annual magazine, hi-monthly newsletter as well as a registry. (CT)* for those interested in 356 Porsches. The Registry Magazine is published six times a year. 356 ownership not necessary. Dues $30 annually. Information: Barbara Skinnants. www.356registry.org . (Ml) Re- C I I (  or. ‘ iS -US (0  March 2004 6-1.  - (11 S WcTiFIV telipapis-on ima e 95

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-:ewatchr I t's commonly accepted that the Internet has redefined the market for automobilia. While swap meets with tables full of stuff continue to be a large part of the hobby, it's pretty easy to get spoiled by entering "Tripp taillights" hi a search engine and coming up with six different places to buy them. But the impact of the electronic age, and of eBay Motors in particular, on sales of collector cars is also starting to become significant. Two years ago, eBay Motors claimed to have three percent of the used car market. This past year, its market share doubled to six percent. For 2004 it is looking to expand to almost 10 percent. Who would have thought, even five years ago, that collector cars would be sold sight-unseen over the Internet? But today it's commonplace, and for evermore expensive cars. For instance, a 1947 Delahaye 135 MS coupe recently sold for $195,000 after four bids on eBay Motors. The same car had been consigned at Barrett-Jackson a few years ago and the "real money" was about $135,000. It was subsequently offered by four different, highly respected dealers, without selling. Yet after a thorough description on eBay Motors, backed up by a dozen photographs and the seller's over-500 positive rating, the car has gone to a new home, and for very good money. The car sold for a simple reason: The Internet auction went outside the normal circle of prospects. While the dealers were all "casting their lure in the same pond," eBay Motors found a buyer that does not attend auctions or belong to any car clubs. He just wanted a desirable car, had the resources, and felt comfortable with the seller. by Carl Bomstead with it or find themselves left behind. EBAY MOTORS #2448840708-1956 JAGUAR D-TYPE. First Bid: $750,000. Number of Bids: 45. NOT SOLD AT: $1,150,600. Date Not Sold: 12/24/2003. After 35 years in a barn this low mileage D-type surfaces. The odometer shows less than 7,000 miles and its history includes campaigns at Riverside, Watkins Glen and Lake Erie. Owned by the son of the original owner, the car is well documented and unmolested. It was offered by a well-known Cand D-type expert in Arizona. Sources tell us the reserve was $2 million, which, given that these cars seem to trade hands in the $1.1- to $1.2-million range, seems a bit greedy. In any event, the eBay listing brought a lot of lowcost publicity to this car. One downside to putting the car on eBay is that auction companies will sometimes make extraordinary deals with consignors of important cars that are new to the market. This car is now "old news" when it comes to being offered for sale, and if the owner decides to go the land-auction route, he may not be able to cut as good a deal on consignment costs. The buyer contacted the seller after taking delivery of the car to tell him how pleased he was with it. Of course, this is an example of a deal that went well for all parties involved; stories of eBay horrors, generally centered around misrepresentation of condition, are all too common. But when it works, the benefits for the seller are obvious: Funds were transferred within a few days; the fee to eBay Motors was only $85, and the listing process was simple. For auction companies to compete with this, they will need to offer the kinds of inspections and condition reports for the cars they offer that justify the added costs of doing business with them. The world of buying and selling is changing, and the auction companies will need to change SUBSCRIPTION INFORMATION Sports Car Market magazine (ISSN #1527859X) is published monthly by Keith Martin Publications, PO Box 16130, Portland OR 97292. Periodicals postage paid at Portland, OR and additional entries. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.252.5812; fax 503.252.5854. 96 EBAY MOTORS #2442095712-1953 LAND ROVER. First Bid: $500. Number of Bids: 31. SOLD AT: $2,305. Date Sold: 11/15/ 2003. Britain's answer to the American Jeep, the Land Rover was introduced in 1948. They appeared in numerous movies being driven across the Sahara or in deep jungle safaris, the forerunners to games and this could have been from that period. Regardless, this piece hasn't previously surfaced, and, as we've seen before with unusual stuff, the bidding accelerated accordingly. How much is too much for a collectible that no one else has? You could call it silly money, but on the other hand, someone's got great bragging rights, and how much is that worth? E BAY #3259581357—APPLEMAN PACKARD COOKIE JAR. First Bid: $99.99. Number of Bids: 11. SOLD AT: $280. Date Sold: 12/15/2003. A series of these ceramic cookie jars, all caricatures of classic automobiles, were hand made by Glenn Appleman between 1979 and 1987. Andy Warhol made them famous with his obsessive collecting of them, and prices went up accordingly. Originally sold in the $350 to $500 range, when signed by Appleman they have reportedly sold for as much as $2,000. So was this a bargain at less than $300? Reading the fine print we think not, as the rear of the car is cracked. Even slight damage has a negative impact on value, so place this one on a shelf, enjoy, and don't worry about resale. EBAY #3574470162—LOG OF MY MOTOR by W.K. VANDERBILT JR. First Bid: $49.95. Number of Bids: 25. SOLD AT: $1,275. Date Sold: 12/28/ 2003. This is a book published by William Vanderbilt and given to his friends, documenting his trip to Europe. He mentions places to stay and eat and offers advice on travel in the old country. It includes photographs of many LOG OFAlMOTOR !Boo - mo3- of the automobiles his party used during their travels. He only published 200 copies, the type of thing a man of extreme wealth can do when a card or letter just doesn't seem appropriate. This price was fair. the modern SUV. This one was parked in 1975 and now resurfaces as a restoration project. Depending on what tune the ravages of time have played on its four-cylinder engine, this could be a fun car for not a whole lot of money. If not, the included tow bar will come in handy. EBAY #3644894424—ASSOCIATED/ FLYING A PORCELAIN SIGN. First Bid: $7.47. Number of Bids: 25. SOLD AT: $2,358.89. Date Sold: 12/17/2003. This delightful small triangular sign was most likely used as a promotional piece on a microphone. After World War II, Associated/Flying A gasoline was a major sponsor of college football EBAY MOTORS # 2443807026-1931 ALFA ROMEO REPLICA BROOKLANDS RACER. First Bid: $2,000. Number of Bids: 9. SOLD AT: $3,100. Date Sold: 11/27/2003. This fakey-do is a fiberglass replica built on a –11 1 VW frame and fitted with a 1500-cc VW engine and four-speed transmission. Somehow I don't think owning one will get you invited on the next Alfa 8C tour—you're probably better off going for that coveted trophy in the "Special Body" class at the next VW meet.• POSTMASTER Send address changes to: Sports Car Market PO Box 16130, Portland OR 97292 CPC IPM Sales Agreement No. 1296205 Sports Car Market

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Cosmopolitan Motors, LLC 1936 A.C. Doctors Coupe 14K Original/one-off Body  1967 Alfa Romeo Giulia Super Driver/needs paint  1961 Austin Healey Bugeye Sprite Nice Driver  1964 Austin Healey 81-8 Mark III/Fully Restored  1957 Cadillac Coupe de Ville Complete Project  1964 Cadillac Sedan de Ville like Granny's Couch  $45,000.00 $4,500.00 6,995.00 $47,995.00 $6,995.00 $7,995.00 1963 Chevrolet Corvair Monza Convertible Big Project  $3,995.00 1967 Chevrolet Chevelle SS 396 4-Speed Red w/ Black  $24,995.00 1936 Delahaye 135 Labourdette 3 Position Drophead...$115,000.00 1924 Dodge Tourer Proper Older Restoration  1925 Dodge Roadster Lovely Patina & Rebuilt Motor  $18,995.00 1960 Dodge Pickup New Paint  1999 Dodge Viper RI/10 Hand-painted by Lassen  1964 Facet Vega Facel III New Paint  1962 Ferrari 250 CA Spyder Modena Recreation  1966 Ferrari 330 GTS Long-term Owner  1967 Ferrari 330 GTC White/ Borranis  1967 Ford F-250 Outrageous Original  1924 Franldin Tourer Dead Stock Original  1910 Hupmobile Brass Roadster Ex-Harrah  1959 Jaguar Mark I Recent Partial Restoration  1961 Jaguar Mark II Custom Cabriolet, Project  1974 Jaguar E Type Roadster V 12/One Owner  1939 Lincoln Zephyr V12  1956 Lincoln Continental Mark II White  1931 Mercedes Benz 370 Martheim Cabriolet  1960 Mercedes Benz 190 SL Roadster Body off Documented Restoration  1966 Mercedes Benz 600 SWB Blue/Zebrawood  1974 Mercedes Benz 280 SLC 5 Speed  1950 Monet Goyon 125cc Motorcycle Only one in US/Original  1955 Moto Morini 125cc 2-Stroke Motorcycle  $15,995.00 $9,000.00 $175,000.00 $15,500.00 $69,995.00 $185,000.00 $75,995.00 $12,995.00 $25,995.00 $39,995.00 $9,500.00 $22,500.00 $45,000.00 $22,995.00 $25,000.00 $140,000.00 1961 Mercedes Benz 190 SL Roadster Black/Red. Nice  529,995.00 1960 Mercedes Benz 190 SL Roadster Original  $45,000.00 $49,995.00 $27,995.00 $7,995.00 $5,995.00 $4,995.00 1954 Nash Airflyte PininFarina Coupe Streamline Design $18,995.00 1971 Oldsmobile Toronado Running parts car  1939 Packard V12 Rollston Town Car  1940 Packard Super 8 Club Sedan  2000 Porsche 996 Careers Aero Kit/Arctic Silver  1979 Rolls Royce Silver Wraith II Fresh Paint  1959 Rover American Conversion Sweetie Pie  1955 Volkswagen Beetle 1 Owner  WATERCRAFT 1934 Chriscraft Triple Cockpit 21' Trophy winning Lace Tahoe specs. Fully proper and correct. Professionally restored, Complete with trailer $90,000.00 1939 Hackercraft Triple Cockpit 28' Ex- Stan Sayers. Complete with Scripps V-12 Own a piece of history "Sea Flow II" used to tow the hydroplanes out to the race course $150,000.00 1958 Century Coronado 21' Factory installed wood runabout with 327, twin sidedrafts and factory installed sliding roof complete with trailer. $39,995.00 1958 Richardson 41' Formerly of the Miller Brewing family, hence its name 'High Life". Very nice boat. $55,000.00 $1,995.00 $225,000.00 $49,995.00 $62,000.00 $19,500.00 $4,995.00 $5,995.00 VINTAGE WINES Expensive, extensive, eclectic collection of significant wines of Bordeaux, Burgundy, California, Washington, Oregon, and Italy. Old vintages to recent releases. Inquire. RECYCLED OW GROWTH LUMBER Hundreds of thousands of board feet of old growth Douglas Fir Tongue and grove, clear vertical grain with no nail holes. Eighty years old from seven hundred-year-old trees, also California Redwood, 2x4, 2x6, 4x6, 6x8, 3x12, excellent original condition, previously used in food production. Never exposed to toxins or chemicals. Impossible to find on today's market. Inquire. HISTORICAL ANTIQUE MILLWORK The complete interior of Seattle's Austin Bell Building. A turn of the century building for which the downtown neighborhood "Belltown" was named. Doors, windows, baseboard, wainscoting, elaborate rails and balustrades, a steam-powered elevator with cut glass, beams, treads, and bricks. Please inquire. REAL ESTATE WANTED Looking for a home, condo, commercial building or even raw land. Want to purchase by way of partial trade and cash. Price range $200,000 to $3,000,000.Trades can include classic or exotic automobiles, motor yachts, famous master artwork, or antique furniture. We would like to trade the down payment (minimum 20%) and pay conventionally the balance, or if desired by seller, pay seller on contract. • This method can help sell real estate inventory that has been sitting for an extended period. • This could also help sellers who have large capital gains concerns. With a large down payment in "trade" their taxable gain could diminish significantly. • Even if the seller doesn't want an exotic car or an expensive piece of furniture, these items can certainly be sold via consignment or outright sale. ,111111111,, IN Always Buying - Experts in Shipping. We appraise collector cars world-wide for insurance or settlements. (206) 467-6531 Fax (206) 467-6532 2030 8th Avenue - cosmopolitanmotors.com Seattle, Washington 98121

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J.J. BEST BANC a co. AUTOMOBILE FINANCING • ANTIQUES • CLASSICS • EXOTICS  • RODS  • KITS • SPORTS Offering Low National Fixed Rates Starting At • 5-Min. Approval Possible • Long Terms: 4 to 10 Years • Fixed-Rate • Purchases • Refinancing • Prequalify For Auctions APPLY NOW to be driving that special automobile 1-800-USA-1965 APPLY ONLINE AT WWW.JJBEST.COM Dealer Inquiries Invited *4.990/0 APR on $100,000, 8 years $1,265.52 monthly. Simple interest, fixed-rate. Correct at press time. This ad highlights one program—different programs available.

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KRUSE INTERNATIONAL NTERNATIONAL .MU :URN SPRING PRIL 29, 30 - IVIAY 1, 2 ruse Auction Park Auburn, Indiana One of the World's Great Auctions More Than 1000 Cars A Very High Selling Percentage Held at the 480 Acre Kruse Auction Park burn. Indiana - The Classic Car Capital of the World Held at the Seattle Seahawks Exhibition Center. "The Portal to the Pacific" The largest Venue of its kind in the Pacific Northwest. One of the Northwest's Major Car Auctions for 2004 Be a Part of This Great Event Crowne Plaza Hotel Call Beth Harwood .800524.2762 ext.1118 Ask For The Special Kruse Rate v4 • 411 • ,1 he Season's Premiere Event wjjj  u  _j),k This Auction Will Be Sold Out KRUSE INTERNATIONAL 1.800.968.4444 • www.kruse.com Auctioneer: Dean V Kruse, Lk, #AU1000027 4 - • •  It  .11 1: - 4/4-qta 1 3 Mt] OA AUCTION l'- SEATTLE 2004 The Great Northwest Auction Collector Car Auction and Show March 26-27 Friday at 6pm & Saturday at 10am Seahawks Exhibition Center, Seattle, WA 200,000 Square Feet Inside Space One of the Nations Finest Facilities Consign Today! 100% Financing Available Through MBNA! INTERNATIONAL 1.800.968.4444 • www.kruse.com 8% Buyer's Premium • Auctioneer: Dean V Kruse, Lic. #V59001

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YOUR CAR d ioddeomie.t,*4 Eli  1 D OAD yua ea ill0 You supply the classic car, Hagerty Insurance supplies all the rest: • More types of vehicles insured than  any other specialty program • Agreed Value Policy — guarantees  every dime it's insured for • No ridiculous driving restrictions  • One liability charge — no matter how  many cars you own • Automatic coverage for newly purchased vehicles  • Valuation assistance  • Business use options  • Auto show medical reimbursement • State-of-the-art service center days a week • Claims that are handled in-house Hagerty experts — open 7 by • Work with the repair shop of your choice • International touring and cargo coverage options • Full service website including policy management, claims and • 24-hour flatbed roadside assistance And that, as they say, just about covers it. J-800-922-4050  HAG ERTY  ..„.1 www.htlyeey.c,om, TOTAL PROTECTION CLASSIC CAR INSURANCE quotes, endorsements, more - Coverages vary by state