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Sports CarMarket Avoiding Sales Tax, Part II $59m of Collector Cars Analyzed Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends Project or Patina? Ex-Earl Howe Type 57 Makes $4.4m in Paris $1.9m Matra MS650 1964 Ford muscle pair totals $424k Ferrari GTC/4 Bargain V12

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 40 Bugatti: try a little tenderness 46 Matra: for road and track May 2009 . Volume 21 . Number 5 IN-DEPTH PROFILES What You Need To Know FERRARI 34 1972 Ferrari 365 GTC/4 Coupe—$74,500 The best bargain in a Maranello V12. Steve Ahlgrim ENGLISH 38 1939 Jaguar SS 100 3½-Liter Roadster—$279,285 Someone just needs to drive this thing. Paul Hardiman ETCETERINI 40 1937 Bugatti Type 57S Atalante Coupe—$4,408,575 Sort of a barn find but definitely storied. Simon Kidston GERMAN 42 2001 BMW Z8 Roadster—$92,400 Why I miss this little “instant collectible.” Steve Serio AMERICAN 44 1964 Ford Thunderbolt—$206,700 1964 Ford Galaxie Lightweight—$217,300 Drag racing duo forms the Blue Oval's Holy Grail. Thomas Glatch RACE 46 1969 Matra MS650 Barquette—$1,922,933 The blue car built for Le Mans—and your street. Thor Thorson GLOBAL AUCTION COVERAGE 144 Cars Examined and Rated at Eight Sales BONHAMS 50 Paris, FRA: Sixty cars bring $14.5m at this Rétromobile sale. Donald Osborne MECUM 60 Kissimmee, FL: American muscle totals $16.4m at Osceola Heritage Park. Dale Novak ARTCURIAL 70 Paris, FRA: Twenty of 57 sell for a $3.7m total, led by a 1969 Matra MS650 at $1.9m. Jérôme Hardy RM AUCTIONS 78 Fort Lauderdale, FL: An $11.5m day at this annual Florida staple. Russell Glace and Thomas Casey COYS 84 Padua, ITA: $3.4m sells at the fourth annual Auto Moto d'Epoca Padova event. Donald Osborne MIDAMERICA 92 Las Vegas, NV: 369 motorcycles gross $4.9m at the South Point Casino. Lance Raber KRUSE INTERNATIONAL 96 Scottsdale, AZ: A 1911 Rambler headlines this $4.6m event, selling at $1.6m. Lance Raber EBAY MOTORS 100 The supercar you've always wanted. Geoff Archer Cover photograph: Bonhams

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32 Hybrids of a different sort COLUMNS 12 Shifting Gears London to Brighton: Let's go Keith Martin 28 Affordable Classic Series II E-types, the way into the fold Rob Sass 30 Legal Files How to avoid sales tax, Part II John Draneas 36 Sheehan Speaks A nuisance complaint you won't believe Michael Sheehan 102 Bike Buys A solid 10 from Bimota Ed Milich 114 eWatch Route 66 still leads to glory Carl Bomstead FEATURES 32 Collecting Thoughts: French promotional vehicles DEPARTMENTS 14 Crossing the Block / Auction Calendar 16 The Inside Line 18 Contributors 20 You Write, We Read 22 Display Advertisers Index 24 Time Pieces: 1966 Rolex Explorer 24 Neat Stuff: 1956 Ferrari Girard-Perregaux; CMC Mercedes SSKL 26 In Miniature: Bugatti Type 57 Atlantic Coupe 26 Speaking Volumes: Dean Jeffries: 50 Fabulous Years in Hot Rods, Racing & Films 54 Glovebox Notes: 2009 Mitsubishi Outlander 2.4 SE 2WD; 2009 Kia Borrego EX 4x4 56 Our Cars: 1977 Daimler Vanden Plas SII LWB sedan 74 Alfa Bits 101 Fresh Meat: 2009 Dodge Viper ACR, 2005 Aston Martin Vanquish S, 2007 Lamborghini Murcielago LP640 104 Mystery Photo 104 Comments with Your Renewal 106 Showcase Gallery 110 Resource Directory

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Shifting Gears Keith Martin Far From the Madding Crowd We talked about the checking paint, the small dents, and the patch panels in the floor and trunk (replacement panels weren't available then). “Ten years ago I would have told you that we needed to take the car down to bare metal, replace the necessary panels, and then put it back together,” said Gilham. “Today, I suggest we just leave it alone. You're looking at a minimum of $40,000 to do the paint and bodywork, and the driving sensation really won't be any better when you are done.” He will also refit the top and have the seats rebuilt and restuffed, and attend to a host of niggling things I've written about earlier. The plan is to have it ready for the Alfa Romeo National Convention, to be held in Portland this July. I will be the emcee of the Concours, which will be sponsored by Sports Car Market, and the Alfa will be in the display section. It's the only Spider Gilham has seen in its very light blue with red livery, and it will surely enjoy being in the company of friends—at least for the day. For details on the convention, go to www .aroc-usa.org. Roaring home The 65-mile trip to Jefferson was a drafty one, with cold air pouring Mum—the car's eating that man! I propose we take a break from the constant bric-a-brac of the market. At least for a few days, let's transport ourselves back to a simpler era, when the fundamental question wasn't how much your motorcar was worth, but whether it could actually travel 60 miles without breaking down. In conjunction with Steve Austin, we will be hosting a tour to the 2009 London to Brighton Veteran Car Run. It's been on my short list for some time, and with the appreciation of the dollar against the pound, this seemed like a propitious time to head across the pond. The tour, October 28 through November 2, 2009, includes all sorts of typical Steve Austin goodies, like attending a participant's luncheon at the Royal Automobile Club, viewing the race from a double-decker “chase bus,” and admission to a VIP hospitality suite at the Brighton finishing line. Of course, this being an SCM tour, it wouldn't be complete without favored treatment at the attendant Bonhams auction at New Bond Street. Non-car events will include visits to Churchill's war bunker “Cabinet Rooms” and the Battle of Britain Air Museum, plus orchestra seating to Sir Andrew Lloyd Weber's new musical reprise of “Oliver.” My wife has asked me to emphasize the shopping opportunities; all the events on Friday and Saturday evenings are staged at Regent Street and New Bond Street, which she says are the two major “high end” fashion streets of London. I sense that the potential expenditures may far outweigh the currency advantage we currently enjoy. To keep things tidy and personable, space is limited to just 25. For more information, see p. 77 of this issue, or visit www.steveaustinsgreatvacations.com. Time travel Last Saturday, I took my 1965 Alfa Giulia Spider Veloce to restora- tion-maestro Bill Gilham, whose shop is located in bucolic Jefferson, Oregon. He restored the car more than 25 years ago, and welcomes the chance to finally get the doors to fit just right. As I pulled into his shop, he said, “This was a truly rusty car then. I'm glad to see the rust hasn't returned.” 12 in through the Alfa's mis-aligned passenger door, as well as through the quarter-inch gap where the top didn't quite attach to the windshield. The typically anemic Alfa heater was doing the best it could, and its output could have been compared to that of a huffing woolly caterpillar. But toss on a down parka and ski gloves, and the car was more than tolerable. The ride back was something completely different. A text message had arrived on my phone at 8 pm the previous night, saying: “C new 911 2morrow?” My response was quick: “Follow me south?” My friend Michael Hummel had just, that day, purchased a 2005 911 Turbo (997 for you trainspotters) and was looking for a chance to go somewhere—anywhere—in it. He followed several car lengths behind me, the white glare from his halogen headlights menacing in my rear view mirror—or at least they would have been menacing if my broken day-night switch hadn't kept flipping the view between the inside of my convertible top and the road behind. Black with a black interior, and loaded (as represented by its $104,000 MSRP, including ceramic brakes) it had cost him just under $60,000, including an extended warranty. He purchased it from a local dealer, and it had covered just over 17,000 miles. Graciously, he offered to let me drive it back to Portland. I was immediately reminded of how every Porsche is different, and yet they all share some strands of similar DNA. The view over the sloping hoods is the same, and the feeling of being pushed by a giant mechanical hand never changes. Certainly the current dash layout is a vast improvement over our 911SC, which had a dash that looked like it was designed by Kukla, Fran and Ollie, and also far superior to the one in our Boxster S, which has a center stack that looks like it was modeled after Darth Vader's mask. In keeping with the Porsche (and BMW) disdain for American driv- ing habits, the cupholders in Hummel's 911 were pathetic halflings that sprouted from the dash, guaranteed to spill your lattes all over your fancy Italian linen slacks. (Have you ever wondered why Porsche owners, so proud of the Germanic heritage of their cars, don't ever wear German clothes while they're driving? Like, for instance, lederhosen.) Porsches and Alfas are like oil and vinegar, each eliciting their own sensory response and offering wildly different motoring experiences. At the same time, driving an example of each, built 50 years apart, made for a very good morning indeed. ♦ Sports Car Market

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Crossing the Block Jim Pickering Worldwide Auctioneers— The Houston Classic Where: Seabrook, TX When: May 2 More: www.wwgauctions.com Last year: 98/110 cars sold / $11.6m Held alongside the 14th annual Keels & Wheels Concours d'Elegance, this fifth annual auction will feature a 1965 Corvette convertible owned and raced by Herb Caplan alongside the legendary Dick Guldstrand. Also headlining this year's sale will be a 1954 Jaguar D-type factory prototype known as “the glass fibre car,” a 1957 Corvette COPO racer, a 1951 Ferrari 340 America, and a 1960 Scarab Grand Prix racer. Bonhams—Aston Martin Lagonda Limited Works Service Where: Newport Pagnell, U.K. When: May 9 More: www.bonhams.com Last year: 35/42 cars sold / $8.9m Aston Martin and Lagonda will headline this tenth annual event held at Works Service, with expected lots including a 1961 Aston Martin DB4 Series III with a known history from new, a 1963 Aston Martin DB4 Series V Vantage, a 1955 Aston Martin DB 2/4 drophead coupe, and a 1963 Lagonda Rapide. Bonhams— The Quail Motorcycle Gathering Where: Carmel, CA When: May 9 More: www.bonhams.com Bonhams will team up with Quail Lodge for this inaugural motorcycle event, which is described as the sister event to The Quail: A Motorsports Gathering, held each August, and replaces the Legend of the Motorcycle sale on Bonhams's auction calendar. Early consignments include a 1959 BMW R69, estimated at $25k–$35k. Mecum Auctions—Dana Mecum's Original Spring Classic Where: Indianapolis, IN When: May 13–17 More: www.mecum.com Last year: 411/752 cars sold / $21.4m Headlining this 22nd annual spring event is the 1965 Shelby Cobra Daytona coupe raced by Bob Bondurant and Jo Schlesser to a first-in-class win at Reims, which cinched the 1965 FIA World GT Championship for Shelby. It's estimated to bring a result “well into eight figures.” 14 S/n 0714TR at RM Maranello The ex-Paul Hawkins Alan Mann Racing Ford GT40 will also be available and is estimated to be worth upwards of $3.5m, while the ex-Tom Payne 289 Cobra Nassau Team car may bring as much as $2.5m. RM Auctions— Ferrari—Leggenda e Passione Where: Maranello, ITA When: May 17 More: www.rmauctions.com Last year: 33/46 cars sold / $43.3m The Ferrari factory in Maranello will again serve as backdrop for this third annual sale, held in association with Sotheby's, and this year's event will feature a rare 1957 Ferrari 250 Testa Rossa, chassis 0714TR. One of only 22 built, this “pontoon fender” racer was delivered new to racer and future coachbuilder Piero Drogo and achieved a number of significant finishes throughout its career. RM expects it to set a new world record auction price, which is a title currently held by a 1961 Ferrari 250 GT California Spyder that sold for over $10.8m at this event in 2008. Bonhams— Les Grandes Marques a Monaco Where: Monte Carlo, MCO When: May 18 More: www.bonhams.com Last year: 50/78 cars sold / $12.7m The Musée des Voitures du Prince, which houses HSH Prince Rainier III's extensive car collection, will again host this annual Monte Carlo event. A private French collection will Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. APRIL 3-4—KRUSE Schaumburg, IL 3-4—WORLDWIDE Escondido, CA 3-5—RM Toronto, CAN 9-11—BARRETTJACKSON West Palm Beach, FL 16—H&H Buxton, UK 17-18—COX Branson, MO 17-19—KRUSE Palm Beach, FL 20—BONHAMS Hendon, UK 23-24—CARLISLE Carlisle, PA 25—CHEFFINS Cambridge, UK 25—KRUSE Amarillo, TX 25-26—RM Novi, MI 27—ARTCURIAL Paris, FRA 27-28—BARONS Surrey, UK MAY 2—KRUSE Huntsville, AL 2—WORLDWIDE Houston, TX 3—BONHAMS & GOODMAN Sydney, AUS 4—SHANNONS Sydney, AUS 9—BONHAMS Newport Pagnell, UK 9—BONHAMS & BUTTERFIELDS Carmel, CA 9—MIDAMERICA St. Paul, MN 9—SILVER Salt Lake City, UT 13—SILVER Spokane, WA 13-17—MECUM Indianapolis, IN 15-16—KRUSE Charleston, SC 17—RM Maranello, ITA 18—BONHAMS Monte Carlo, MCO 22-23—KRUSE Paso Robles, CA 28-31—KRUSE Auburn, IN 30—MIDAMERICA St. Paul, MN JUNE 1—SHANNONS Melbourne, AUS 7—BONHAMS & BUTTERFIELDS Greenwich, CT 12-14—LEAKE Tulsa, OK 13—BONHAMS Northamptonshire, UK 13—SILVER Coeur d'Alene, ID 14—ARTCURIAL Sochaux, FRA Sports Car Market 15-16—BARONS Surrey, UK 19-20—WORLDWIDE Birmingham, AL 20—KRUSE Topsfield, MA 20—KRUSE Sevierville, TN 20—MECUM St. Paul, MN 24—BRIGHTWELLS Herefordshire, UK 26-27—AUCTIONS AMERICA Raleigh, NC 26-27—MECUM St. Charles, IL be featured this year, including a 1968 Lamborghini Miura P400, a 1970 Maserati Ghibli 4.7 Spyder, a 1983 Ferrari 512 BBi, a 1984 Aston Martin V8 Volante, a 1968 Ferrari 330 GTC, and a 1966 Austin-Healey 3000 Mk III 2+2. Kruse International— Auburn Spring Motorfair Where: Auburn, IN When: May 28–31 More: www.kruse.com Last Year: 679/1,439 cars sold / $17.7m An auction, a swapmeet, and a car corral will make up this year's Spring Motorfair at the 480-acre Kruse Auction Park in Auburn, with 1,000 cars planned to cross the auction block. Expect to see a variety of consignments ranging from American muscle to European classics. ♦

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Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. ■ Rich and Jean Taylor know a thing or three about putting on a successful vintage rally. Which is why the 17th annual New England 1000 won't disappoint. This year's event will run from May 17 to 22, and the new route is scheduled to take entrants to luxury resorts throughout the Catskill Mountains of New York, the Berkshire Mountains of Massachusetts, the Green Mountains of Vermont, and the northwest corner of Connecticut. The rally is limited to 50 cars built before 1975, so grab your spot and get going. www.vintagerallies.com. (NY) ♦ Event Calendar Apr. 30-May 3—The Mitty '09 Speedfest (GA) www.hsrrace.com Apr. 30-May 3—VSCD Spring Brake Drivers School & Races (MI) www.vscda.org New England 1000—the long and winding road News ■ Heacock Classic Collector Car Insurance is recommending that collector car enthusiasts re-evaluate their insurance coverage in light of the current market. Says company president Ford Heacock, “A rising market corrects valuation mistakes, and a down market accentuates them. Collector car enthusiasts have nothing to gain by over-insuring, but they have a lot to lose.” He notes that two factors can help to lower policy premiums in today's economic climate: reassessing values and usage. “Quite simply, many collectors are driving less. Their insurance should reflect that.” And an adjusted valuation will can reduce rates as well. For more information: www .heacockclassic.com. (FL) Events ■ The Keels & Wheels Concours d'Elegance returns to Lakewood Yacht Club in Seabrook, Texas, on May 2–3. The 14th annual event will showcase the largest collection of classic cars and wooden boats in the United States, drawing entrants and attendees from all corners of the world. Duesenbergs take center stage this year, and the concours will pay a special tribute to automotive legend Carroll Shelby. Tickets start at $24. www.keelswheels.com. (TX) ■ Carmel Valley is the place to be on May 8 and 9, as the inaugural Quail Motorcycle Gathering will bring together some of the finest vintage sport and racing two-wheelers from the pre- and post-war eras. And just like the Motorsports Gathering held in August, the Quail Lodge Culinary Team will be on hand to prepare the best gourmet BBQ you'll ever have. The weekend kicks off with a 100-mile tour on Friday, which is limited to just 20 bikes. Tickets to the show are $65, with kids under twelve free. www.quaillodgeevents.com. (CA) ■ No vintage racing event Bikes at The Quail evokes the past quite like the Mille Miglia, and from May 13 to 17, racers from around the world will circumnavigate Italy from Brescia to Rome and back. The route passes through Lombardy, Veneto, Emilia Romagna, the Marches, Umbria, Lazio, and Tuscany, with passage through the Futa and Raticosa passes. www.1000miglia.eu. (ITA) May 2-3—Keels & Wheels Concours d'Elegance (TX) www.keels-wheels.com 2-3—VARA British Extravaganza (CA) www.vararacing.com 2-3—Hillsborough Concours d'Elegance Italiano (CA) www.hillsboroughconcours.org 8-9—Quail Motorcycle Gathering (CA) www.quaillodgeevents.com 9-10—Carlisle Performance & Style (PA) www.carsatcarlisle.com 11-16—Motogiro d'Italia (ITA) www.motogiroditalia.com 13-17—Mille Miglia (ITA) www.1000miglia.eu 16-17—CSRG's Rolling Thunder (CA) www.csrgracing.org 17—Marin Sonoma Concours (CA) www.marinsonomaconcours.org 17-22—17th Annual New England 1000 (VT) www.vintagerallies.com 24—Indianapolis 500 (IN) www.indy500.com 31—Newport Concours (RI) www.newportconcours.com 30—Meeting of the Marques (PA) www.svvscc.org 30-31—Veterans on the Vineyards (ITA) www.pbordino.com 16 Sports Car Market

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SCM Contributors JÉRÔME HARDY is a lifelong gearhead whose best memories have always been linked to cars. At age 17, his first mistress was an Italian in the form of a 1971 Lancia Fulvia, followed by more costly Europeans, represented today by a 1961 Ferrari 250 GTE. His first engine rebuild was the 350-ci small-block in his 1970 Buick Skylark, which he acquired during a seven-year stint in New York City. Now based in Paris, Hardy enjoys the sheer size of his Mercury Grand Marquis Colony Park wagon and is looking forward to the day he can drive the 1939 Packard Super 8 and 1941 Lincoln Continental currently awaiting him in Portland. He recently attended Artcurial's Paris sale during the Rétromobile weekend, and his report begins on p. 70. ALEX HOFBERG is the owner of Watchworks, Inc., a fine watch and jewelry shop he founded in 1991 in Portland, Oregon. Hofberg is a recognized expert in the field of collectible and modern watches, and he also does repair work, giving him an intimate familiarity with these diminutive machines both inside and out. He is a member of the International Watch and Jewelry Guild and the National Association of Watch and Clock Collectors. Hofberg well understands the dual collector mentality with regard to watches and sports cars, as he is afflicted with his own wild enthusiasm for both. He makes his SCM debut this month with a new regular column called “Time Pieces,” which you'll find on p. 24. LANCE RABER spent 25 years as a firefighter EMT in Portland, Oregon, before moving to the Phoenix area. Raber has spent plenty of time buying, selling, and restoring old cars, but his first love is motorcycles, and he has raced just about every class imaginable, from endures and hillclimbs to speedway and vintage road racing. Though he no longer drags his knee on the weekends, Raber has replaced the rush with adventure travel, including a ride from the southern-most point of South America to the Arctic Ocean. SCM wrangled him away from exotic lands long enough to send him to the MidAmerica bike auction in Las Vegas, then to Kruse's Scottsdale sale. His coverage appears on p. 92 and p. 96, respectively. Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead Auction Analysts John Clucas (Australia), Daniel Grunwald, Paul Hardiman (Europe), Jérôme Hardy (Europe), Chip Lamb, Norm Mort (Canada), Dale Novak, Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Jim Schrager (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Paul Hardiman, Simon Kidston, Raymond Milo, Rob Sass, Steve Serio Operations Manager Jennifer Davis-Shockley jennifer.davis@sportscarmarket.com; 503.261.0555 x 207 Senior Web Developer Jerret Kinsman jerret.kinsman@sportscarmarket.com; 503.261.0555 x 212 Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print Media Director Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Ted Alfano ted.alfano@sportscarmarket.com; 877.219.2605 ext. 211 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 ext. 213 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions Coordinators Mary Artz, 877.219.2605 x 204; M-F 9am to 5pm PST To order new subscriptions 800.289.2819 STEPHEN SERIO is the president and owner of Aston Martin of New England / Lotus Motorsports, Inc. in Waltham, Massachusetts, though for the most part, vintage European cars are where his heart is. Serio blames his dad for this, because he brought home so many Matchbox cars during his formidable years. His need to over-indulge in vintage European cars of the 1950s and 1960s inevitably leads to coveting one more car. Recent garage inhabitants include an Aston Martin V8 Vantage, Porsche 356A Speedster and 993RS, Mercedes-Benz 300SL Gullwing, Ferrari 275 GTS, and a Fiat 600 Jolly project. On p. 42, Serio tackles the instant collectible status of a BMW Z8 recently sold by RM. 18 Questions about current supscriptions 877.219.2605, ext. 204, subscriptions@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Customer Support www.sportscarmarket.com/helpdesk Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2009 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- vestor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Hardly ill-handling Your March issue piqued this historian's memory by Thor Thorson's trashing of the 1955 Ferrari 121 (“Race Profile,” p. 50). To quote the late Phil Hill, “In my estimation, the 121 received an undeserved bad rap. Granted, the car could be tricky to drive—it was an accident waiting to happen in the wrong hands—but it was never fully developed.” The car's reputation in the U.S. is based almost solely on an article in Sports Cars Illustrated by racer, auto dealer, and wouldbe comedian, “Honest John” Kilborn, who complained in the piece about his 121's performance at a race at Meadowdale. The car he wrote about was ill-prepared and used up long before that race weekend. Four 121 LMs were sold to America. When properly maintained, these cars won major events. Chinetti's 0558 won at Elkhart and Beverly in 1956 with Carroll Shelby, as mentioned in SCM. Bill Doheny's 0546 won at Santa Barbara with Ernie McAfee in March 1956 and Phil Hill drove Tony Parravano's 0484 to victory at Palm Springs in 1957. The only 121 that did not win a major race in America was Jim Kimberly's 0532. When the factory ran the cars, Piero Taruffi won one of the great European classics, the 650-mile Tour of Sicily in 1955, with a 118 version. The Sicilian course was hardly a place for “the worst handling Ferrari ever built” to be a winner, and 650 miles would seem a long enough distance to speak to the design's reliability.—Michael T. Lynch, Carmel-by-the-Sea, CA Thor Thorson responds: Thank you for your letter, Michael. I'm sorry you considered the profile a “trashing,” but the reality is that Ferrari in that era tried all kinds of approaches to winning races and not all of them worked. That's one of the things that makes the marque so fascinating. That the car was “undeveloped” is a given and not really the point here. Ferrari itself abandoned the concept, never to return, after only six months of trying, which suggests how much hope they had for the car becoming competitive. 20 With the 121, Ferrari had finally created a car with literally too much horsepower for the chassis, tires, and brakes available—throttle response was brutally sudden as well, which didn't help The essential problems with the car were basic, fundamental, and as such not responsive to the “fettling” available to an active racing car: The 4.4-liter, 6-cylinder expansion of the 750 Monza just didn't work. The crankshaft wasn't able to handle the torsional issues of a large-displacement six without a vibration dampener (the 118 engine was much smaller and apparently didn't have the issues). The engine architecture didn't allow any easy fixes, so there wasn't much to do except abandon the concept. This is my opinion, but with the 121, Ferrari had finally created a car with literally too much horsepower for the chassis, tires, and brakes available (throttle response was brutally sudden as well, which didn't help). The result was an extraordinarily difficult car to drive on the limit, to the point of being evil. Though a few drivers were able to manhandle the car, I don't know of any who liked it. As you noted, the factory's success with the six was with the smaller-displacement 118 variant, which may well have been easier to drive. Why this was abandoned in favor of even more horsepower is an interesting conjecture. Once in the U.S., the 121 did have some success on fast tracks, but it was always a problematic car, particularly relative to the far more dependable and drivable (if less powerful) 750 Monza. The car's reputation at the time may have been based on a Sports Car Illustrated article as you assert, by my primary source was a 1995 article in Cavallino (Issue #86, “The 4.4 Liter Ferrari Six!”), which was no more flattering, despite a 40-year perspective. It was always a difficult car. The fact that the Type 121 is an excellent vintage racer 60 years later is a given, and I acknowledge this was given less attention in my profile than it could have been given. Time, technology, and money have allowed a problem child of 1955 to be a valued elder statesman today, but candidly, that's not much fun to write (or read) about, so I didn't. Collectibility, even greatness, does not presume you don't have warts. Preservation of the hobby I commend Mike Sheehan for his excellent response in the March issue to Chris Current's inquiry regarding Ferrari production figures (“Sheehan Speaks,” p. 38). Sheehan provided some useful data for all three Ferrari manufacturing eras, as well as information on individual model runs. I am sure your readers found the data equally interesting, whether they are Ferrari enthusiasts or fans of other marques. As usual, he has provided some great reference material as a result of his knowledge, experience, and extensive database. I look forward to reading his column each month, as well as those of your other columnists. Your publication continues to make a very positive contribution to the overall preservation effort, which stresses originality, authenticity, and active use of the cars we all love. We must always remember that Ferraris and all cars are meant to be driven.—Ed Gilbertson, Chief Judge, Pebble Beach Concours and Cavallino Classic; Chief Judge Emeritus, Ferrari Club of America Corvettes and mullets I have to say that as a longtime subscriber and occasional letter writer, no issue of SCM has prompted more sales for me to comment on than the March issue. On page 70 in the write-up of the McCormick auction in Palm Springs, Carl Bomstead paid our sold 1963 Corvette coupe (lot 165, sold at $60,900) some high praise and reported it as well bought, but I have to say this is one transaction where, as the sellers, my wife and I were very happy, and I always like transactions where everyone makes out. Maybe the car would have brought stronger money elsewhere at another time, but for a non-numbers-matching '63, I thought we did great, and the buyer was happy. The funny thing is that the bug never leaves you, and since that auction I've already purchased another '63 coupe with wonderful integrity, even though it needs some cosmetics. And on p. 78 of the Bonhams London report, regarding the 1979 Pontiac Trans Am (lot 675) sold at $21,275, Paul Hardiman asks, “Are they worth this much back home?” I'd have to say on good cars, that answer is a resounding “Yes.” The 1979 Trans Am has a nice niche, as the one with the 6.6-liter V8, the shaker hood, and the front cosmetics is the one people like. And they can bring strong money, especially if you find a good one,

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Ad Index Aston Martin of New England............... 81 Autobooks-Aerobooks ..........................112 Autosport Designs .................................. 83 Battery Tender ........................................ 99 BB One Exports ..................................... 79 Bonhams & Butterfields ........................ 15 Canepa .................................................... 25 Carlisle .................................................... 49 Cheetah Continuation Collectible ........ 81 Chubb & Son Inc. ................................... 13 Classic Showcase ................................. 105 Classy Chassis ........................................ 61 CMC Classic Model Cars ...................... 93 Condon & Skelly .................................... 37 Cosdel ................................................... 103 County Corvette ................................... 105 Driversource Houston LLC ................... 23 Dynamic Technology ............................112 European Collectibles .......................... 103 Exotic Car Transport .............................113 Fantasy Junction ..................................... 85 FedEx Auto Transport ...........................113 Ferrarichat.com .................................... 105 Gooding & Company ............................... 2 Grand Prix Classics ................................ 51 Granite Digital ....................................... 99 Greenwich Concours D'Elegance ......... 55 Grundy Worldwide................................. 85 H & H Classic Auctions ......................... 53 Hagerty Insurance .................................. 21 Heacock Classic .................................... 57 Hyman, Ltd............................................. 65 Indigo Classic Cars ...............................115 Intercity Lines ........................................ 31 Italian Car Parts ....................................112 JC Taylor ................................................. 67 JD Classics ............................................. 63 JJ Best Banc & Co ................................ 107 Juniors House of Color..........................112 Kruse International ................................ 59 La Dolce Vita ........................................116 MacNeil Automotive .............................. 69 Maine Line Exotics .............................. 103 Mecum Auction ...................................... 29 Mercedes Classic Center ........................ 43 Miller's Incorporated ............................113 Morris & Welford, LLC ......................... 17 Motor Classic & Competition Corp. ... 105 Motorcar Portfolio .................................. 95 Park Place LTD ...................................... 27 Paul Russell and Company .................... 87 Pebble Beach Retro Auto ....................... 71 Plycar Transportation Group ................. 83 Poff Transportation ...............................113 Putnam Leasing ...................................... 35 Reliable Carriers .................................... 73 RM Auctions ...........................................11 Road Scholars ......................................... 99 Ron Tonkin ............................................. 89 RPM Autobooks ................................... 109 Russo and Steele..................................... 19 Silver Auctions ....................................... 75 Steve Austin's Great Vacations ............. 77 Steve Harris Imports .............................. 87 Swissvax ................................................. 79 Symbolic Motor Car Co ........................... 3 The Stable, Ltd. ...................................... 91 Thomas Hamann .................................... 91 Ultimate Pedals .....................................113 US Appraisal ........................................ 103 Vintage Rallies ....................................... 89 VIP Transport Inc. ............................... 109 Worldwide Group ............................. 4–7, 9 22 which is almost impossible. Like a lot of late 1970s American steel, these cars were not built that well to begin with, and when you combine that with the mid-1980s, when they were cheap used cars being driven but not maintained by teenagers and 20-somethings, it's a minor miracle any survived. These mullet-mobiles (as my wife likes to call them) are hard to find and a bitch to restore compared to older cars that don't have the smog pumps, more complicated electrical systems, additional options, and poor build quality. If you find a great one, especially a 10th Anniversary model with good documents under $20,000, grab it.—Doug Shaffer, Garden Grove, CA Taxes and more taxes Over the years, “Legal Files” has transformed itself from a column I used to skip until I was done reading the auction results to the first thing I look for in the magazine. Regarding the recent column on sales tax (March, p. 26), I thought I should mention I have this friend (cough) in California who has paid little or no sales tax on classic cars for quite a while. Legal Files author Draneas wrote a fantastic piece but failed to take one important factor into account, and that's the overall level of competence at most California DMV offices. When my friend has bought cars from out of state, he usually flies out to inspect them personally, test drives them and then makes sure to get some general maintenance done at the nearest Jiffy Lube before flying home. After that, my friend gets the car shipped, waits the necessary 90 days, and brings the title into the DMV with the receipt for the service provided during the test drive out of state. At no time has any DMV employee asked my friend for sales tax, gas receipts, lodging receipts, or any other documentation, and if asked my friend would never lie about the circumstances. But he's never been asked. Forgive me if this letter isn't signed—my friend's name escapes me.—via email In researching his March column, Mr. Draneas needn't have gone so far south to find such appalling sales tax rates. His These cars weren't built all that well, and when combined with the abuse they took by teenagers as cheap used cars in the mid-1980s, it's a minor miracle any survived neighbor to the north, Seattle, Washington, taxes auto sales (and Tri-Motor airplane sales, for that matter) at 9.3%—6.5% state sales and use tax; 2.5% city/county use tax; .3% state vehicle sales tax.—Dave Freeman, Seattle, WA A heartfelt thanks I have been addicted to SCM since 1994. I suspect that I have sold a lot of subscriptions to fellow enthusiasts. I am very biased on the enthusiast side of your readership and consider many of the modern collectors to be more like investors who happen to be putting their dollars into cars than enthusiasts. With the changes evolving in the market we shall see if I am correct. I suspect a great many of them will fall out of love with cars soon. That will hurt the market but open it back up to those who simply love the cars. Whatever... I have had a couple of hiccups with my subscription. As far as I can tell it is a USPS problem and not SCM's fault. Nevertheless, your staff has been wonderful. The first time I missed issues I contacted Jennifer DavisShockley and she kindly sent me back issues. I thought everything was fine again but had another relapse. I then talked with Mary Artz. She was also wonderfully nice and made sure I got my issues. I was skeptical, but after she insisted that the problem would only get resolved through USPS, I called my local postmaster. She agreed to place a “Publication Watch” on SCM and would trace it for three months. So far, so good. I never believed contacting them worked. At least for now, the USPS employee who also seems to like SCM is keeping his hands off! Please extend my heartfelt THANK YOU to Jennifer and Mary. And please accept my genuine thank you for having such nice people working with your readers. I didn't realize how obsessed with SCM I was until I suddenly was without it. I may not buy at the auctions or be a “wallet guy,” but I am obsessed with a lot of these cars and love reading about them.—John Rice, via email Errata In our story on the Maserati Merak (March, “Etceterini Profile,” p. 44), we incorrectly claim the car came fitted with a ZF manual transmission. While the Bora came that way, all Meraks were fitted with the Citroën SM transaxle. In our April Market Report on Gooding & Company (p. 70), we list the serial number of lot 2, a 1967 Maserati Ghibli, as AM1154732, which was taken directly from the catalog. The correct number is actually AM1150032. It has been corrected in the SCM Platinum database. ♦ Sports Car Market

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Time Pieces by Alex Hofberg 1966 Rolex Explorer Hans Wilsdorf, founder of the Rolex Watch Company, forever changed the industry when he created a plain watch that could withstand hard use. Prior to this, watches tended to be worn gen- tly in dry conditions. Wilsdorf's revolutionary, “Oyster” case allowed a watch to be sealed so securely it could be worn in extreme heat, cold and humidity, even under water. Athletes, scientists, military personnel, and explorers flocked to buy Oyster watches. Often the most desirable vintage Rolex watches are the least expensive steel watches made for sporting or extreme use. Fancy gold or steel and gold dress watches take a back seat to the high-octane sports models. One of Rolex's bulletproof sports watches was originally introduced in the late 1940s with the name “Explorer.” The plain black dial with luminous figures and hands gained fame on the 1953 British Everest Exped ition. Whether Sir Edmund Hillary actually wore a Rolex on the summit is unclear; both Rolex and a lesser known British brand called Smith's De Luxe Watches claim that honor. The Explorer featured a monoblock steel case with integrated case lugs, a threaded and gasketed case back, and the patented locking crown system. Through the years the movement evolved, but most were equipped with a caliber 1560 movement, an automatic-winding, straight-line lever escapement model with 25 jeweled bearings and a beautiful nickel finish. The earliest dials were glossy black, with gilded or silvered letter- ing and luminous radium hands and figures. The most typical vintage model of the Rolex Explorer 1016 evolved to a matte black dial, white lettering, and painted tritium markers and hands. Factors that determine the value of early Explorers are the origi- nality and condition of the dial and hands. Most other parts can be sourced new or replaced from more common models, but Rolex will no longer supply the earliest dials and hands. In later models, the tritium Neat Stuff by Stefan Lombard Rudy's ride CMC has immortalized the 1931 Mille Miglia-winning Mercedes SSKL of Rudy Caracciola with this 1:18-scale replica. Nearly 1,900 parts comprise the details of this handsome car, including a leather-wrapped steering wheel, a highly detailed inline-6 with compressor, cabling and pipes, aluminum hubs and wheels with hand-laced stainless steel spokes, a working suspension, and more. Just $298. www.cmc-modelcars.com/us, 585.292.7280. (NY) Watch me now This 1956 Ferrari Girard-Perregaux watch was given as a 65th birthday gift to engine designer Vittorio Jano by Lancia-Ferrari D50 driver Eugenio Castellotti. Call it fine condition, with only minimal scratching to the case sides, with an excellent replacement black crocodile strap. The rear is inscribed: “Per Vittorio Jano maestro di tecnica e di vita Eugenio Castellotti 22 Aprile 1956.” A piece of Alfa/ Ferrari/Lancia history. $13,500 from Collector Studio-Motorsport Gallery, www.collectorstudio.com, 416.975.5442. (Toronto, Ontario, CAN) ♦ was replaced with a luminous compound that glows so brightly the watch no longer looks old. Neither radium nor tritium dials glowed much when new, and 40 years later they probably won't glow at all. Any watch with bright dials should be viewed with suspicion. Be sure that the serial number has not been worn off the case, altered, or purposely removed. Most Oyster cases are marked on either end between the lugs where the bracelet or strap fits. Over the years, the sharp ends of the bracelet can dim or erase the serial numbers and collectors tend to avoid these cases. Re-engraved numbers may be incorrect. An original sales slip with date of purchase and matching serial number or warranty papers are desirable. For a few years Rolex provided the bulletin issued by the Swiss Institute for Chronometer Tests, showing 15 days of timing tests run with the watch in six positions at three different temperatures. A watch complete with this rare document can be significantly more valuable, but make sure the numbers match and the document has not been altered. Rolex Explorers were made for more than 50 years and continue to be an important part of the Rolex line, (though improved and with a new model number). Prices vary widely. A plain 1016 tends to bring $3,800 in average condition. One with complete box and papers, like the watch pictured, sold at an Antiquorum auction for $9,600. An original Tiffany & Co. model could fetch more, and a documented model made for the German Air Force sold for $45,600. A rare example of the same watch, marked “Space-Dweller” and made briefly for the Japanese market, brought $48,000. Model Details Production Date: Early 1950s–present Best place to wear one: On the summit of Everest Ratings ( Rarity: ½ Durability: Parts/Service Availibitlity: Cool Factor: Web: www.rolex.com is best): 24 Sports Car Market

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In Miniature by Marshall Buck Bugatti Type 57 Atlantic Coupe The Bugatti Type 57 Atlantic is one of the most recognizable designs in the classic car world. Not bad, considering only three were ever built. At the opposite end of the spectrum, substantially more of these riveted wonders have been manufactured in 1:43- and 1:24-scales. Our must-have model here is in a larger scale— 1:14 to be precise. This limited edition was produced by Carlo Brianza of A.B.C. Brianza (Italy) fame as a commemorative piece in the early 1980s, for the Italian tool and diecast model manufacturer Rio, to celebrate their 50th anniversary. This happens to be the first hand-built limited-edition model made in the scale of 1:14 by Brianza or any other manufacturer. Rio and Brianza continued their collaboration with two other Bugatti Type 50 editions. Unlike Brianza's Ferrari models, all of their Bugatti editions were strictly limited and are long since sold out. The Atlantic was built as an edition of 500 pieces, though many were damaged in shipping, so far fewer survive today. This model was pretty impressive for that time and still displays very well today. Each of these beauties also came with a nice wood and glass display case which, when assembled, looked a little like a fish tank. The car they chose to replicate is the most famous of the Atlantic trio and is modeled as it was when in the collection of Anthony Bamford, who then sold it to Tom Perkins, who then sold it to its current owner, Ralph Lauren. The old gal looks a bit different today, as she is now dressed in black. I used to have one of these Rio/Brianza models, and on occasion I still have seller's remorse. It's just a great-looking model. The overall shape and proportions are excellent, though the riveted center seam may be off a bit. The model features a fair amount of plated cast metal parts, with the larger components and body being cast in resin. Photo-etched window surrounds have a good look but tend to pop out and need a little TLC in reattaching. The hand-rubbed Bugatti blue paint finish gleams and looks as good today as when new. The interior is simplistic but the general effect is good; seats and door panels are trimmed in tan colored leather. The wire wheels, though not exact, do come very close and they are genuine hand-laced units made of chrome-plated brass. The hood lifts off, exposing an extremely basic engine with a few components thrown in; nice to know it's there but best to leave the hood in place. The same can be said for the lift-off cover at the rear, where you'll find the spare wheel and tire. Finishing off the package is simple but effective chassis detail. Once in a great while, one of these models sur- Model Details faces for sale. If you want one, you'll have to pony up substantially more than the original issue price. Expect to find the Atlantic from a low of $1,400 to about $2,500. The model shown is priced at $1,900. Available from the model showroom at The iRacing Center of Long Island. 631.656.4260. Production Date: 1983–84 Quantity: 500 Ratings: Overall Quality: Authenticity: Overall Value: Web: www.iracingli.com ½ ½ Speaking Volumes by Mark Wigginton Dean Jeffries: 50 Fabulous Years in Hot Rods, Racing & Films by Tom Cotter, Motorbooks, 192 pages, $26.40 (Amazon) and '60s, In the car-crazy '50s the names Barris, Von Dutch and Jeffries made up the holy trinity of California Custom. George Barris is the father of Hot Rod Hollywood self-promotion, while crazed pinstriper Von Dutch (Kenny Howard) is the metaphorical troubled son whose name has become a worldwide brand more powerful than his actual work. Which makes Dean Jeffries the not-so-holy ghost in the machine shop. Coming from nowhere with little more than a few cans of paint and an eye for detail, Jeffries followed Von Dutch as a pinstriper in the Barris shop, then went on to out-do his mentor-turned-nemesis, spending a long career creating impossible cars, famous friends, and quiet success. Jeffries started with intricate pinstriping, (and famously put “Little Bastard” on James Dean's Porsche) but quickly established credentials as a creator of hot customs and special vehicles for film and television. He became a friend of the biggest stars, in both racing and acting (Elvis, Carroll Shelby, James Dean, James Garner, A.J. Foyt), and even spent time in front of the camera. But Jeffries was happiest in the shop or at the race track, whether working overnight to paint the hulking Indy roadsters in Gasoline Alley or creating TV tchotchkes, from the Green Hornet's Black Beauty to the James Bond Moonbuggy. Two of his signature works, the Mantaray and Monkeemobile, are emblematic of his career. The Mantaray knocked the hot rod world off its axis with a sleek new vision hand-crafted from hammered aluminum atop a prewar Maserati race car chassis. It sits in a special spot at the Petersen Museum, though Maserati collectors argue the chassis may be worth more than the car that won the 1963 Oakland Roadster Show. And while the Monkeemobile is one of the most famous TV-land customs, the restoration and subsequent Scottsdale sale by the ever self-promoting Barris took the spotlight off Jeffries. Tom Cotter's look at Jeffries's life helps bring the light back where it belongs. Provenance: Extensive interviews with Jeffries, Barris, and many who knew them give the book the folksy voice of an oral history rather than a dry recitation of events. Full of photos and drawings from a 50-year career, Cotter delivers plenty of detail and passion from the era. Fit and finish: Plenty of well-reproduced color and black and white im- ages, handsomely designed with a lovely balance between text and photos. Drivability: Utterly charming and a great story to boot, this is a fun read. Cotter's affection for Jeffries is unmistakable, and his career was fascinating, both for what he accomplished and for the forces that kept his name on the list of supporting players, rather than the star of the era. ♦ 26 Sports Car Market

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Affordable Classic Series II E-types SII, Bruté? Series II E-types aren't quite the stylistic betrayal we've been led to believe. And they are an affordable way into the Jaguar mystique by Rob Sass older sibling. A pity really, as the Series II is the most user-friendly of E-types. The E-type story is familiar to most I gearheads, and it really is the stuff of legends. Descended from the all-conquering D-type, the 1961 all-night drive of the first production car to the Geneva Motor Show is forever etched into the consciousness of Jaguar lovers. Unfortunately, many of the same crowd feel that the E-type story, while stretching to 1975, ended as a practical matter with the 1967 model year. True, post-1967 U.S. safety and emission laws did the E-type no favors; the beautiful covered headlights were ripped from the car like the epaulets of a disgraced soldier, and despite no documented case of anyone having been impaled, the lovely toggle switches on the dash center became non-descript rocker switches. Worse still, the potent triple two-inch SU carburetion became a double ZenithStromberg setup with a water-heated intake manifold that resulted in the loss of about 20 hp. The final insult was the gaping maw of an air intake And then there were the changes in styling. The 1968 Series I½ cars had a relatively attractive bonnet with a small air intake and a still-pretty (albeit uncovered) headlight treatment. It was found that the Series I½ headlight arrangement caused unacceptable shadows in the beam pattern, so the lights were moved forward and a new large chrome filler piece was added to the top of the surround—it was quite unattractive. Additionally, the front and rear bumpers were enlarged and the delicate above-the-bumper taillights were changed to a pair of ugly boxes that hung below the rear bumper. The final insult was the gaping maw of an air intake, which was about twice the size of the original Series I opening. But while the car's appearance took a hit, several aspects of the E were markedly im- proved: The Series II sported the first really effective brakes on an E-type thanks to the switch from Lockheed two-pot to Girling three-pot units with increased pad area. Adwest power steering and air conditioning now became options, and the cooling system was uprated. Finally, a reclining mechanism and headrests were added to the seats. These items all made the E-type considerably easier to live with. Performance, although down from the Series I, Details Years produced: 1969–71 Number produced: 18,808 Original list price: $5,675 (1969) SCM Valuation: $25,000–$40,000 (OTS), $20,000–$30,000 (FHC), $15,000–$20,000 (2+2) Tune-up cost: $350 Distributor cap: $19.95 Chassis #: Plate behind air cleaner housing and stamped on right front suspension mounting point Engine #: Right side of block near oil filter boss Club: Jaguar Clubs of North America c/o Nelson Rath, 234 Buckland Trace Louisville, KY 40245 More: www.jcna.com Alternatives: 1968–71 Mercedes 280SL, 1969–73 Porsche 911T, 1968–72 Chevrolet Corvette SCM Investment Grade: B (OTS); C (FHC); D (2+2) 28 was still respectable. In a 1969 Road & Track comparison test between an E-type coupe, Mercedes 280SL, Porsche 911T, and Chevrolet Corvette 350/300, the Jag was the quickest 0–60 and in the quarter mile, posting times of eight seconds and 15.7 seconds, respectively. SII 2+2 just doesn't work in any way Testers praised the car's quietness and excellent ride while griping about the difficulty of exit and entry and poor ventilation. Rightfully so, as these are particularly difficult aspects of E-type ownership, especially with the coupe. Series II body styles were carryovers from the f the Series I E-type is the prom queen the Marcia Brady of E-types, then the Series II is Jan Brady—less glamorous and forever living in the shadow of her 4.2-liter Series I—the open two-seater, the fixed head coupe, and the 2+2 coupe. The Series II 2+2 coupe just doesn't work in any way, in spite of an effort to tidy it up by angling the windshield a bit more from the “upright” form of the first 1966 models. Most were ordered with automat- ics, making it a car to avoid, but it's certainly the cheapest way to get into an E-type. Rust and badly repaired collision damage are the biggest issues with any E-type. From the firewall back, it's a stressed monocoque unit, so any bad repairs or rust will affect its integrity. Rust in he sills, rear wheelarches, and boot floor is common. Main floors are an issue too, with the stamped ootwells being particularly adept at retaining moisture. From the firewall forward, the E-type has a square tube chassis that cradles the engine and front suspension, and it retains the huge bonnet. The prospect of damaged or rusted sub-frame tubes is frightening, so have an expert look over any prospective purchase. E-types were heavily leaded at the factory, and door and bonnet fit should be good, although not up to Porsche or Mercedes standards. The sub-frame tubes should match the body color of the car. A flat black sub-frame on a red car virtually guarantees that you're looking at a car that started out in one of three unloved colors: Sable Brown, Willow Green, or Primrose Yellow. Sadly, the matching-numbers obsession has infected the E-type community. Check the engine and cylinder head numbers against those stamped on the large tag located just behind the air filter element housing. Straightforward and cheap to maintain The joy of any E-type is that mechanically, they're mostly straightforward and cheap to maintain. There are no horrendously expensive bits, and nearly everything is being reproduced. Among the few really unpleasant jobs on an E-type is a clutch replacement or a rear brake or suspension rebuild. The clutch is a bonnet-off, engineand-gearbox-out affair. The rear brakes are located inboard against the differential. Despite everything you've heard, a well-sorted E-type can be quite reliable. Modern ignition, a Bosch or Japanese-made alternator conversion, and a solid-state fuel pump make it even more so. Of late, the market has been unkind to anything but the most desirable of any series of collector car. Series II E-types have become quite affordable again. Nice OTS (Open Two Seater) cars now trade in the low forties range and coupes in the low thirties. This is a tremendous bargain for a car that is still quite sexy and potent. It's simply mind boggling to me that a Healey 3000 Mk III is a much more valuable car than a Series II E-type. The disparity in reputations for reliability is no doubt at work here. These cars will go up in value again, and I predict the gain will not just be making up value that has been lost over the last year. Buy that BRG and tan Series II convertible now. It's unlikely you'll be sorry. ♦ Sports Car Market

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Legal Files John Draneas How to Avoid Sales Tax, Part II A better alternative for Californians may be the use of a Montana business entity, because Montana would allow a legal, tax-free registration of the car Big sky, bigger tax breaks T he March 2009 “Legal Files” regarding sales tax triggered two helpful responses from attorneys, which suggested the need for a follow-up on this subject of great interest to car collectors. It's not worth going to jail Excellent advice came from Jon Ash, a Bend, Oregon, attorney with 37 years of experience in criminal law: “I read your article with interest. It brought back memories of a federal investigation I was involved in which resulted in the indictment of my client and other upper-echelon employees of an RV company located here in Oregon. This particular dealer was billed as the largest RV dealer in the United States, promising no taxes if a purchase was made from their organization. The theory was similar to your article—buy an RV, license it in Oregon, and you were good to go. The sales people went so far as to let the buyers register the RVs at their or their family members' addresses. The problems came when the RV owners took their vehicles back to their home states and their neighbors were offended by the tax dodge and turned them in. Several people were convicted of tax fraud and conspiracy and sentenced to jail time.” Montana is better than you think Another helpful counterpoint came from John Bennett, a Missoula, Montana, at- torney with extensive experience licensing valuable collector cars: “I read your article with interest, but would note that it contains an error in that, last October, California changed the ‘90-day rule' back to the same ‘one-year resident' and ‘six-month non-resident' rules as previously in effect. “The ‘one-year resident' rule requires a vehicle purchaser who is a California resi- dent to take delivery of the vehicle outside of California and use (or use and store) the vehicle outside of California for the first twelve months following purchase before being able to register it in California without paying use tax. “I would argue that a better alternative for Californians, and possibly others, may be the use of a Montana business entity to take title to a car, because Montana would allow a legal, tax-free registration of the car in Montana. 30 “Also, in the case of a California resident, the Montana entity creates a lower burden by means of the ‘six-month non-resident' rule. If the vehicle is purchased by a nonresident of California (the California State Board of Equalization has acknowledged that a Montana business entity with no nexus to California is a ‘non resident') and is used/stored outside of California up to six months during the first twelve-month period following delivery, then it can be registered, use-tax-free, in California after twelve months. This is better because the use of a Montana LLC allows the car to be legally registered in Montana and legally driven in California for up to six of the first twelve months following delivery. “Oregon, as a state without a sales/use tax, is an excellent state to store the car, but Oregon doesn't allow an Oregon ‘holding company' to register/title a car in Oregon. “Please also note that a vehicle, such as a collector car, can be registered in Montana for no more than $254 per year, and if the car is more than ten years old, can generally be permanently registered (one-time fee which registers the car until its ownership is transferred) for $126. “As you've already probably guessed, my office has successfully assisted many clients to take advantage of Montana's laws.” Make up your minds Alas, Bennett is correct about California law. The boat magazines carrying articles about how to skip tax by parking your boat in Ensenada for 90 days were still on the newsstands when the California legislature changed Sports Car Market

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the law back to the old one-year rule. But the discussion in “Legal Files” is otherwise reliable. It's just that you will have to drive more of Oregon's beautiful roads during the twelve months in which you must keep your car out of California. Three states' laws to worry about On a broader note, the comments from Ash and Bennett point out that, if you are going to skate this maze, there are potentially three states whose laws you have to deal with—the state that titles the car, the state where the car resides, and your home state. Think of these as three separate steps. First step is you have to get the car titled and registered. As pointed out, Oregon is a helpful haven if the car resides in Oregon, but it won't work well if the car doesn't reside there. Montana is easier to work with in that regard. If you form a Montana business entity (say, a Montana LLC) to own the car, Montana will title and register the car no matter where it might be. It is relatively inexpensive to form a Montana LLC and, as Bennett points out, the Montana registration fees are quite reasonable. And, although Montana requires a physical VIN verification, you can get that from an appropriate officer in any state—the car does not have to go to Montana to be inspected. Second, you have to park the car somewhere. If it's in the same state where it is registered, there's no problem. But if you want to store it elsewhere, you have to comply with that state's laws. Most states have a relatively short window (often as little as 30 days) before the car is required to be registered in that state, which will trigger sales/use tax if the state has one. The clearest course is to title and register it in either Oregon, in your own name, or in Montana, using an LLC, and leave it in that state. Third, you have to comply with your state's law when you bring the car home. To avoid paying a use tax at that point, you will have to “season” the car by leaving it in the state where it is titled long enough to meet your state's requirements. If you use Oregon as your host state and you live in California, that will mean leaving it in Oregon for twelve months. The Montana LLC relaxes that a bit by giving you the six-out-of-twelvemonth option, which still requires a total of twelve months but allows you to drive it in California for up to six of those twelve months, although not consecutively. Note that California would apply the same six-out-of-twelve-month rule with an Oregon LLC, but Oregon would require that the LLC's principal place of business be in Oregon, whereas Montana wouldn't care. If you live in a state other than California, it will have similar rules, and you need to learn what they are. Bennett is correct that Montana can be more attrac- tive than Oregon in certain circumstances. In the end, however, the choice boils down to which state you want to leave the car parked in and, in the special case of California, whether the six-of-twelve rule makes a difference to you. And, Oregon treats RVs differently; for them, use a Montana LLC. No perfect answer There are some significant limitations to all of this. If your plan is to bring the car to your home state, using a haven state may avoid the use tax, but once you bring the car “home” you will have to start paying your state's annual licensing fees, which can be as much as 2% of the car's value each year. Simply stated, there is no legal way to keep the car registered in another state while you are regularly driving it in your home state. And that brings us back to the point made by Jon Ash. Being caught cheating can have serious repercussions. If neighbors become jealous about a wealthy car collector avoiding vehicle taxes they pay every year, it's not uncommon for them to make a phone call to the authorities. And going to jail is no fun, no matter how nice the cars you have parked at home are. Consequently, if you're going to go this route, make sure you do it the right way. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. May 2009 31

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Collecting Thoughts TdF Advertising Caravan Joking Aside One of the most famous members of the Tour de France advertising caravan, “Le Nain Gourmand” has frightened generations of French children by Donald Osborne you resist? Le Nain Gourmand and others: 7 Tour de France advertising trucks of extraordinary silliness for about $160,000…” Knowing full well that turned loose with $160k, I P would sooner find myself followed home by six or seven 1950s goofball custom-bodied Fiat project cars than the TdF assemblage here, I nevertheless took the bait. From the Wienermobile to the Outspan Orange, George Barris's Voxmobile rolling guitar to the 1910 Thermos car and fleet of Gleem toothpaste tubes atop Messerschmitt bubble cars, companies have always sought to attract the attention of the public with mobile representations of their brand or product. Most often today, the easy way out is taken with a VW New Beetle or Chevy HHR van with an all-over film wrap delivering the message. But we really want to see the real deal—full custom bodywork, the best of which completely hides the donor vehicle and ideally makes the onlooker wonder how it can be driven at all. The Italians and the French took the concept of the promotional vehicle to the level of fine art in the 1950s and '60s. Some very well-established custom body businesses (on their way to oblivion, obscurity, or bus manufacture) scratched their way toward a viable business model in very different post-war times. The range of products hyped was vast A prime venue for seeing such creations was, and still is, the great long-distance cycling race the Tour de France. Begun in 1903 by a newspaper seeking to boost circulation, it quickly caught the imagination of riders, spectators, and by extension, advertisers. In many ways it became the first real opportunity for modern mass marketing as manufacturers realized they could not only reach the thousands of people who lined the route of the race, but their effort could also be captured in the newspaper coverage. The range of products hyped was vast. This quote from the book Marketing Modernity, by Adam Arvidsson, gives an account of the marketing surrounding the Italian version of the Tour de France: “The 1934 Giro d'Italia was accompanied by a caravan of promotional cars, advertising anything from sprits to coffee, sausages, wedding rings, berets, sports clothing, bananas, alarm watches, mineral water, chocolate, shoe polish, gas stoves, tapioca flour, yeast, cigarette papers and so on.” These promotional vehicles, which on the Tour de France make up what is called “Le Caravane,” traveled—and still do—along the route of the race, some hurling out samples and trinkets, sort of like the floats in the Mardi Gras parade. What began in the late 1920s 1951 Renault, creepy enough for you? 32 Sports Car Market art of the challenge of being the “Etceterini” guy at SCM is receiving assignments such as this: “Hi Donald: Put on your clown nose and have some fun. These are too bizarre, how can

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1960 Citroën HY, fish out of water? 1962 Simca 1000, ready for LP conversion as a way to help finance the race had by 1939 grown to nearly 100 vehicles. Post-war fuel rationing reduced the numbers, but they steadily returned and increased in visibility not only at the Tour but at other races and fairs. They even spawned their own concours, the “Publicité qui Roule” (advertising that rolls) event, which judged both the concept and the beauty of execution. Collector interest in these is such that Charge Utile (“payload” in French), a magazine devoted to historic trucks and commercials, has devoted three special issues over the years to Le Caravane and its vehicles. Excited to encounter these cars again Several of the lots on sale had been to Rétromobile previously—as stars in the feature display of advertising vehicles at the 2006 show. When they were announced for sale at Bonhams, I was excited to encounter them again. A certain M. Le Lonquer built this collection of vehicles and I have to think he was disappointed at the sale results. The total of the low estimates on the seven was equivalent to $247,770 with the high estimate total at $476,010. In the end, they realized $158,028, a mere 47% of the low estimate. Most were not in very sharp condition, and as com- mercial vehicles that had been painted and re-liveried during their working lives, there was no compelling argument to be made for “preservation.” Only six of the seven were trucks or vans, the remaining a 1947 Citroën Traction Avant, with no bodywork modifications, merely an advertising paint scheme for Miko gelato. Not surprisingly, the vehicle in newest and best con- dition of the lot, the 1962 Simca 1000 “Butagaz,” a giant portable gas cylinder towing two others, did the best relative to estimate, selling for $43,022 against a high May 2009 1958 Renault, mild by comparison of $32,250. Among the rest, the 1958 Renault 1000-kg “Avia Motor Oil” truck was in relatively good shape, and as a motoring-related item at least won't look completely daft in a collection of classic cars. It sold for a mid-estimate $15,577. But of course, the point of these things is to be wacky. And not many were wilder than the 1960 Citroën HY “Produits Laitiers” van. Made for the French association of dairy producers and looking like a strange spiny fish living at the bottom of the Marianas Trench, one could almost believe it was a catalog model for the iconoclastic marque. And where were all the toking Delahaye enthusiasts at the sale? The very art deco 1959 Delahaye Merk van made for the Rizla cigarette rolling paper company sold for $22,253 against a $90k low estimate. It last accompanied the Tour in 1959—one would wonder what the International Cycling Union would have to say about it today. What the heck do you do with these things? If you're going to go this way, you might as well go as far as you can—and that would be without doubt the star lot, “Le Nain Gourmand.” Translated as “the greedy dwarf,” it promoted a line of candies, fudge, and sweets. The torso of the title dwarf covers the front of the Renault 14-kg truck, complete with hands holding wrapped candy on either door and a foot-long drip of eager saliva at the left corner of his smiling mouth, while the rear features the happy face of his lovely wife. The rest is covered with representations of sweets, bursting from the sides of the van. One of the most famous of Le Caravane, it surely has frightened generations of French children, many of whom must still be in therapy today. Tipped to sell at $103k–$232k, the lucky new propriétaire satisfied his sweet tooth for a mere $47,472. Okay then, you've bought them. Now what? What the heck do you actually do with these things? Therein lies a clue to value. To be fair, as a professional appraiser, I feel Bonhams's pain in attempting to es- timate the values of these vehicles. What are the comps? The International Circus Wagon Price Guide hasn't been updated since about 1890, I believe. In addition, perhaps the values of these aren't to be seen in market values, but in income. Surely one could rent them out to a fair, festival, or even bicycle or foot race as promotion, or as a traffic builder at a business. Which you could do, provided they are as attractive as possible. As such, the inviolable rules of the current market still, and did, apply. The best story, combined with the best condition and the most usability, equals the best price. Even for a clown's truck. ♦ 33

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Ferrari Profile 1972 Ferrari 365 GTC/4 Coupe Fly Yellow is just wrong on a C/4. The black bumpers at each end blend perfectly on a black car but make a yellow one look like a bumble bee by Steve Ahlgrim Details Years produced: 1971–72 Number produced: 500 Original list price: $27,500 SCM Valuation: $85,000–$120,000 Major service: $3,000–$5,000 Distributor cap: $450 Chassis #: Stamped on passenger side frame rail next to engine Engine #: Stamped on flange on rear passenger side of block Club: Ferrari Club of America, PO Box 720597 Atlanta, GA 30358 More: www.FerrariClubofAmerica.org Alternatives: 1970 Maserati Ghibli, 1973 Aston Martin AMV8, 1979 Porsche 928 SCM Investment Grade: C Comps Chassis number: 14791 L aunched at the 1971 Geneva Motor Show, the Ferrari 365 GTC/4 ostensibly replaced the 365 GT 2+2. Technically a four-passenger car, its eightinch-shorter wheelbase and lower, sloping roofline made the tiny rear seats token at best. Ferrari compensated by having the rear seatbacks flip down to make a storage tray. Pininfarina's coachwork featured a swooping fender- line and flush-fitting glass. The V12 had the DOHC displacement of the Daytona's engine, but the C4's hood was lower because its six Weber carburetors were horizontally mounted, rather than set vertically atop the engine. Horsepower was listed at 320, vs. the Daytona's 352. Finished in vivid yellow with black leather seats re- cently re-covered, this car boasts a fresh engine rebuild, correct jack and tool roll. After longtime ownership by a Ferrari enthusiast, it shows 92,000 km. SCM Analysis This car sold for $74,500, including buyer's premium, at RM's Collector Cars of Fort Lauderdale auction, held February 6–8, 2009. The 365 GTC/4 has to be the best value in the Ferrari kingdom. It's a classic Ferrari from the Enzo era. It has a 12-cylinder engine mounted right in front, where Enzo thought it should be. It has two seats (almost), a 5-speed manual transmission, and maybe the best sound of any street Ferrari. Its performance is respectable; its appearance is neither over the top nor dowdy, so why does it sell for less than half of its nearest competitor? The silhouette features Ferrari's familiar long hood and fastback roofline but with a flatter horizontal surface and more angular lines. The result is an attractive, mod- 34 ern interpretation of Ferrari's trademark design, ruined by a black rubber molding outlining an overly large grille area. It was like someone cut off the front end of the car, slapped the molding on the sharp edge, and filled in the front with lights and a grille. Replacing the traditional chrome bumper with a rubber end cap may have been avant garde at the time, but it was unattractive then and still is now. The bloodline was evident The model name 365 GTC/4 is Ferrari's designation for a Grand Touring Coupe with a 4-cam, 365-cubic-centimeter-per-cylinder (4.4 liter) engine. A coupe fits on the luxury side of Ferrari's line up opposite the Berlinetta, the performance side of the line. A coupe trades some performance for a little more room, a softer ride, and more conservative styling. The Lusso, 330 GTC, and the America/Superamerica series are all examples of Ferrari coupes. The C/4, as the 365 GTC/4 is normally called, is often mistakenly described as a luxury version of a Daytona. Although it was built at the same time and shares the 365 model designation of the Daytona, the Daytona inherited its rear transaxle, dry-sump engine, and manual steering, from the 275 GTB, and its genes from the racing side of Ferrari. The C/4, meanwhile, inherited the wet-sump engine, self-leveling suspension, power steering, frontmounted transmission, and milder tune of its predecessor, the 365 GT 2+2, and its genes come from the Grand Touring side of Ferrari. While not a true 2+2, the bloodline was evident and 1972 Ferrari 365 GTC/4 Lot 396, s/n 15999 Condition 2Sold at $73,400 Bonhams, Sussex, UK, 6/22/2007 SCM# 45978 1972 Ferrari 365 GTC/4 Lot 31, s/n 15211 Condition 3+ Sold at $159,500 Worldwide, Auburn, IN, 8/30/2008 SCM# 117958 1972 Ferrari 365 GTC/4 Lot 118, s/n 15553 Condition 2+ Sold at $54,119 Bonhams, Goodwood, UK, 9/16/2005 SCM# 39711 Sports Car Market Axiomedia

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would not be suppressed. Behind the C/4's front seats are tiny jump seats. The space is a great place to put groceries or luggage, but not even small children can comfortably sit there. While the seats were useless, they were an indicator of things to come. Only 500 C/4s were built over a two-year run, but the concept would linger for another 16 years. When the C/4 was discontinued, eight inches were added to the C/4 chassis, a new body was styled, and the 365 GT4 2+2 was born. The new car shared the same mechanical underpinnings as the C/4, and even the interior was a continuation of the model. The 365 GT4 2+2 evolved into the 400 and then the 412 before finally being replaced by an entirely new car, the 456 GT. Selling 500 C/4s over two years is not insignificant, but it was a disappointment to Ferrari. As the years went on, the popularity never increased. I've been involved in the sale of several of them, and they are always a tough sell. Everybody agrees they drive great and are a great value but they balk at writing a check. While a Daytona can break $300,000 and a 330 GTC can get above $200,000, C/4s flounder around the $100,000 mark. Excluding the 365 GT4 2+2 and 400/412 series, every front-engine 12-cylinder Ferrari can bring more money. Even a 365 2+2 or 330 2+2 can outsell it, which I will never understand. Plagued by the reputation of being costly to service The C/4 was always plagued by a reputation of being expensive to service. The reputation was deserved, as the side-draft Webers must be removed before the valve covers can be removed to adjust the valves. The water pump design requires a major disassembly of the front cover to replace a failed bearing. This requires the removal of the engine from the car and adds the temptation to perform expensive “while we're in there” upgrades. The self-leveling rear shocks are prone to failure and expensive to repair. While significant in comparison to other Ferraris of the C/4 era, several modern Ferraris will cost more per mile for service. The RM C/4 was owned by a Ferrari enthusiast who also brought a 512 Boxer to the auction. The car was Fly Yellow, a very unusual color for a C/4, with black leather interior. Painting an elegant car a flashy color is seldom a good idea, and this car is the poster child for the point. A C/4 in black, silver, or even a light metallic blue looks good, and red or white are acceptable, but yellow is just… wrong. The black bumpers at each end blend perfectly on a black car but make a yellow one look like a bumble bee. This car was a European model that apparently had been in the States for a long while. The paint was decent but short of nice, the seats had been re-covered recently, but the rest of the interior showed age. The engine was described as recently rebuilt. A jack kit was present but the tool kit and books were AWOL. It would be a nice driver as it sat but would require a big check to make it any nicer. Bidding stalled at $67,500 and the car left the stage unsold, with the visibly disappointed seller shocked by the result. The next day buyer, seller, and auction house struck a deal at $74,500, including commission. The result was certainly below expectations, as C/4s have sold during the recent boom for as much as $160,000. The sale price was also $10k under SCM's low price in the Price Guide. The price reflected ambivalence about the car, rather than a market trend. Good mechanics are important, but looks sell. The yellow paint was too good to redo, but it's a color that doesn't flatter the taste of the owner. It would be a tough sell to most end users and poison to a dealer. I suspect the buyer decided he couldn't get hurt at the price and the seller decided to cut his losses. An engine rebuild would have been $30k or so and the seats another $4k. The owner may have come to like the color, but he had to recognize its limited appeal. Compared to the recent restoration expense, selling the car short of the market was not terribly significant. It wasn't a good sale for the seller, but it wasn't a great deal for the buyer, either. The redeeming factor was the buyer got a lot of car for the money. If he's one of the few who likes the color over the long run, he won't get hurt. ♦ (Introductory description courtesy of RM Auctions.) May 2009 35

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Sheehan Speaks Michael Sheehan When 25 Miles Doesn't Matter It's another example of how claims of diminution in value have gotten out of control, feeding a legal field driven by ever-hungry lawyers by Mike Sheehan is a retail price difference between an Enzo with 990 miles and one with 1,015 miles? We have a service customer with an Enzo who is concerned our road testing after the service put it over 1,000. I am not attempting to use your answer or quote you.” Further correspondence explained that the Enzo had come in with a dead battery, and the multitude of computer sub-systems had to be rebooted. The computer had not “cleared” on the first twelve-mile test drive, so a second test drive was necessary, hence the 25 miles. I Much ado about nothing My initial thought was that 25 miles difference on a car with 990 miles is a mere 2.5% difference, and on a car worth some number around $1.2m, 2.5% would be much less than the bargaining factor in a potential sale—a negligible amount. Additionally, anyone who has his Ferrari serviced knows that it will be test driven, unless the owner requests otherwise. Since the car had 990 miles when dropped off, there was little question that it would probably pass 1,000 miles as part of the service. I saw this email as yet another example of how claims of diminution in value have gotten out of control, driven in part by ever-hungry lawyers. As an obsessive-compulsive who seeks consensus, I forwarded the Enzo email to five friends who are experts in the exotic car world. First up was James Harris, a Corona Del Mar-based attorney who has spent 20 years specializing in exotic car litigation. The lawyer's view Attorney Harris replied: “My legal opinion is that there is no claim or legal case against a repair facility that puts 25 miles or so on an Enzo, increasing the odometer reading from less than 1,000 miles to a little over 1,000 miles. Firstly, market conditions evidence that the resale value of the Enzo is decreasing. The minimal added mileage does not affect the decrease in value. Second, any legitimate automotive repair facility will thoroughly test drive the vehicle under repair to insure it is operating properly. This involves putting the car through its paces. Accordingly, an increase of 25 miles on the odometer is reasonable. In my opinion, no credible expert in the field of the Ferrari market would testify that the increase in mileage on this Enzo had diminished the vehicle's fair market resale value. Any claim for diminution in value would be without factual and legal merit.” An appraiser's opinion My second email went to Lance Coren, a frequent expert of choice for evalua- tions and appraisals in high-end automotive litigation. Coren is a Multiple Certified 36 n late January, the owner-principal of an authorized Ferrari dealership emailed an unusual question: “Do you think there No longer a three-digit virgin International Automotive Appraiser. He replied: “The issue of inherent diminished value for a specialty exotic vehicle whose odometer reading increased by 25 miles during servicing and testing can be analyzed accordingly. A low-mileage exotic collectible vehicle possesses value based on its desirability and its amount of usage. The lesser the use, the more value and marketability the vehicle has. A usage variable of 25 miles is of no significant concern, even with the fact that the odometer reading exceeds 1000 miles for the first time. “The primary issue is whether or not the marketabil- ity of the subject vehicle has been negatively affected by the odometer jump and reading of over 1,000 miles. It can be easily ascertained that the marketability and valuation of the vehicle will not change with this type of use. A prospective wholesale or retail purchaser will not be affected in a bid to purchase this vehicle. If the change in odometer status was more substantial (i.e. +500 miles), the issue of inherent diminished value could possibly be argued successfully.” Yet another Mike Sheehan The third forward of the email went to Mike Sheehan (no relation, honest), a Phoenix-based appraiser who is involved in high-end appraisals related to the Scottsdale Sports Car Market

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auctions. His answer went on for five pages and was a greater overview of the entire issue of diminution in value. He raised two new points. His first question was: “Is it a leased car?” If the car was leased, the service customer was not the owner, as the honor of ownership belongs to the leasing company, and the service customer had no right to claim diminution. His second question was: “How many owners?” If the car had multiple owners, that alone will diminish the value and make a complaint for further diminution a difficult point to claim, especially from a second or third owner. Another dealer's position The fourth comment came from the sales manager at another authorized dealer, who replied: “We can accept at face value the owner's opinion that 1,000 miles is a mental set point. It is a given that some buyers have a preference for miles well under 1,000. But it would then follow that an Enzo with 990 miles would be of little interest to such a buyer, as the car could only be driven 11 miles before falling into the dreaded over-1,000-mile category. The buyer of a 1,015-mile car, however, knows he could safely enjoy driving the car hundreds of miles before reaching the next mental plateau of 2,000 miles. In my opinion, the 1,015-mile car would be easier to sell, as there would be a larger universe of potential buyers. Further, based on my 39 years of experience selling Ferraris, I feel there would be no difference in market value between a 990-mile car and the same car with 1,015 miles. I also think (the owner) has only himself to blame for not giving the dealer explicit instructions to put no additional miles on the car.” And last but not least… The fifth forward went to Paul Rosenfield, a now-retired lawyer from Safeco Insurance with 30 years experience in auto related litigation. He replied: “Unless the owner specified this vehicle NOT BE DRIVEN for testing due to its value and rarity, I do not believe there is a status change in this vehicle. If the owner did so specify, then the shop should have honored the request or refused the job. Still, a diminution argument will be a very hard sell. I do not believe adequate arguments or ‘proof of facts' can overcome the current falling market and show loss of value relative to vehicle testing. I cannot see someone making a valid value argument when, at 990 miles, there is no room left to test the vehicle for maintenance or test it during a pre-purchase inspection were the car for sale, as both would probably result in the car exceeding 1,000 miles.” The reality check It is standard practice for exotic cars dealers to call other dealers for a second opin- ion when offered an unusual car that's hard to value or an unusual business situation, such as this one. Such calls are called “reality checks” and every dealer makes them, every day. While my immediate reaction to the 990-mile to 1,015-mile quandary was that there was no diminution in value, I was pleased to hear that every professional I spoke with was unanimous in that opinion. It's too bad so much time is wasted on so much ado about nothing. ♦ May 2009 37

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English Profile 1939 Jaguar SS 100 3½-Liter Roadster Any patina has been lost in a slightly over-shiny restoration and repaint, though it does have a big history file and is eligible for many prestige events by Paul Hardiman Details Years produced: 1936–40 Number produced: 308 Original list price: £445 ($1,793 in 1939) SCM Valuation: $250k–$370k Tune-up cost: $200 Distributor cap: $70 Chassis #: Right side chassis rail, behind leaf spring mount, in line with starter motor Engine #: Top rear right side of block on raised boss Clubs: U.K. Jaguar Drivers Club Ltd. Jaguar House, 18 Stuart Street, Luton, Bedfordshire, LU1 2S More: www.jaguardriver.co.uk Alternatives: 1934 Triumph Dolomite, 1936–40 BMW 328 roadster, 1948–49 Jaguar XK120 Alloy roadster SCM Investment Grade: A Comps Chassis number: 49057 L aunched for 1936, the SS 100 was the first real highperformance model produced by SS Cars Limited, and used a new Weslake-developed overhead-valve engine in a shortened SS 1 chassis. The Swallow Sidecar & Coachbuilding Company had been founded in Blackpool, England, by William Walmsley. The company branched out into motor manufacture in 1926, its first major success being an attractive sports saloon on the Austin Seven chassis, designed by Walmsley's partner, William Lyons. Relocation to Coventry followed, and the Swallow range expanded to include models on Morris Cowley, Wolseley Hornet, and Standard Sixteen chassis. Marque status arrived in October 1931 with the launch of the SS 1, the chassis of which was supplied exclusively to Swallow by Standard, who also provided the 6-cylinder side-valve engine and 4-speed gearbox. Although unspectacular in performance, the SS 1 went some way toward establishing the pattern for future Jaguars, combining sporting good looks with a better-than-average specification, at a bargain price. By the time the SS 90 sports car arrived in 1935, William Heynes had joined as chief engineer. Based on a shortened SS 1 chassis and re-engineered by Heynes, the SS 90 again demonstrated Lyons's consummate skill as a stylist, its long bonnet, smoothly flowing wings, cut-away doors, and truncated tail making it every inch 38 the epitome of the 1930s sports car. Although good for 90 mph, the SS 90 was handi- capped by the limitations of its side-valve engine, a deficiency that would soon be rectified by another of Lyons's new recruits, gas-flow consultant Harry Weslake. The SS 100 Jaguar sports car marked the company's first use of the “Jaguar” name. The newcomer employed a shorter 102-inch-wheelbase chassis and a revised version of the 2,663-cc Standard six, which, equipped with Weslake's overhead-valve cylinder head and breathing through twin SU carburetors, produced 104 hp. Its first major success came when Tommy Wisdom, crewed by his wife, won the arduous International Alpine Trial in 1936, the first of many successful rallying forays, including class wins in the RAC events of 1937 and 1938, and the Alpine (outright) again in 1948. Around 198 2½-liter and 116 of the later [from 1938] 3½liter cars had been made by the time SS 100 production was prematurely ended by the outbreak of war. The SS 100 offered here was dispatched from the Works on March 22, 1939, and sold new via the Appleyard Motor dealership in Leeds, finished in Gunmetal with contrasting red leather trim. According to Jaguar authority Terry Larson, before delivery to first owner D.E. Cockcroft, the car was raced at Brooklands by the supplying dealer himself, well-known privateer Ian Appleyard, and later received a Mk V-type engine 1937 Jaguar SS 100 2½-liter Lot 124, s/n 18076 Condition 5Sold at $313,825 Bonhams, Paris, FRA, 2/8/2008 SCM# 55661 1937 Jaguar SS 100 2½-liter Lot 377, s/n 18054 Condition 1Sold at $399,000 Bonhams, Sussex, UK, 6/22/2007 SCM# 45868 1938 Jaguar SS 100 3½-liter Lot 244, s/n 39002 Condition 1 Sold at $296,228 Bonhams, Sussex, UK, 9/1/2006 SCM# 43023 Sports Car Market Photos: Bonhams

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(almost indistinguishable save for the “Jaguar” script on its side where “SS” had previously been applied). Post-war, the car was exported to Switzerland, where it was owned by architect Artur Peter of Luzern and then Serge Chabbey of Zurich, who commissioned a comprehensive restoration by HR Hofmann & Co., also of Zurich. Acquired by the present owner in 2006, it has since been fastidiously maintained within his private collection, including a repainting by Carrosserie Binggeli of Nyon, but has otherwise seen just sparing summertime use. Chassis 49057 is offered with a substantial leather embossed history file, including Swiss registration, copious restoration bills, and its old U.K. license plate, DAK 141. SCM Analysis This car sold for $279,285, including buyer's premium, at the Bonhams Rétromobile auction in Paris on February 7, 2009. Two obvious factors kept the price down, apart from general market nervousness. First, like so many SSs, it does not have the original engine. Although it has always had a 3½-liter powerplant, at some point the original was swapped out for a unit from a Mk V, giving 125 horsepower like the original and, true to the SS's name, over 100 mph. This in itself wouldn't be much of a problem if the car had glowing history, although it did have a brief, documented adventure with well-known Jaguar rallyist and dealer Ian Appleyard, who was later inextricably linked with the famous XK 120 NUB 120. Appleyard raced the car once at Brooklands before supplying it to its first owner. Any patina has been lost in an over-shiny restoration Though it has that desirable early history, any patina it might have had has been lost in a slightly over-shiny restoration and subsequent repaint. It does have a big history file, however, and is eligible for many prestige touring events. And this is the model that really laid the foundations of Jaguar's sporty, slightly raffish image, with solid competition results and achingly perfect style. With little use since refurbish- ment, it appeared in super order bodily, which is the expensive part to do. As far as we can tell, it's the original tub, with the right fender profile and good paint that looked even more recent than the rest of the work. And if it's not in the original color, it's the next best shade for these handsome cars that epitomize the swoopy British roadster. Inside, the leather is unwrinkled, the carpets are unmarked, and it is fitted with a rallying tripmeter on May 2009 39 the transmission tunnel. The instruments are present and correct and the only criticism is the spangly engineturned dash. There are no engine or transmission leaks, though the pancake air filters look slightly too recent and from a local accessory store. With correct twin SU fuel pumps feeding the gutsy big six, there's no indication that it could not go right out on the Mille Miglia, Targa Florio, or the California Mille. Switzerland isn't in the European Union, and this SS is unlikely to stay there, so to bring the car into any other part of mainland Europe means paying duty. Though this would be at the reduced rate of 5%, you still need to factor in the best part of another $14k, taking the total to more than $293,000. Which, given that prices of original cars with the best history have been creeping over $350k, still doesn't look a bad deal. For all its splendid condition, this car isn't a museum piece, and it needs nothing more than to be taken out and given a good spanking—preferably on some of the marvelous roads of Switzerland before it leaves. ♦ (Introductory description courtesy of Bonhams.)

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Etceterini & Friends Profile 1937 Bugatti Type 57S Atalante Coupe It may not have been quite the “discovery” that the press suggested, but it was eagerly awaited by Simon Kidston Details Years produced: 1936–38 Number produced: 43 Original chassis price: £1,100 ($3,037); standard 57: £590 ($1,629) SCM Valuation: $4m–$8m Tune-up cost: $5,000 Magneto: $8,000 (est.) Chassis #: On firewall plate and additional frame number on rearmost crossmember Engine #: Rear corner of upper crankcase on passenger side Club: American Bugatti Club, 600 Lakeview Terrace, Glen Ellyn, IL 60137 More: www.americanbugatticlub.org Alternatives: 1937–40 Alfa Romeo 8C 2900, 1936–38 Delahaye 135M Figoni & Falaschi, 1936–39 Mercedes-Benz 540K Special Roadster Chassis number: 57502 began a long association with motor racing. Howe's place in the history of motorsport was as- F sured by his 1931 Le Mans victory, driving an Alfa Romeo and partnered by Sir Henry Birkin. He competed at Le Mans six times and mixed freely with the “Bentley Boys.” Indeed, Howe's support led to the formation of the British Racing Drivers' Club, and he was elected the first president in 1929. Howe raced a number of Bugattis—Types 43, 51, 54, and even 59—and ordered a 57S for his own road use in 1936. The car was delivered to him in June 1937, and he was a familiar figure with it until 1945, when he sold it following an accident. After several owners, it was bought by Dr. Robert Carr of Newcastle-on-Tyne in 1955, who kept the Bugatti hidden away until his death in 2007. SCM Analysis This car sold for $4,408,575, including buyers premium, at the Bonhams Rétromobile sale in Paris on February 7, 2009. Probably no motor car to appear at auction in recent memory has attracted more widespread interest than this Bugatti, images of which have been flashed around the world with the same enthusiasm as the “Portuguese Barn Find”—though this story is true. Countless people with no connection to the classic car world have asked me if I knew of the “barn find” Bugatti coming up for sale. One local headline proclaimed ecstatically: “A rare 1937 Bugatti worth over £3 million has been found by a Gosforth family clearing out the belongings of a deceased relative.” First, let's look at the car's background. The Bugatti 40 rancis Richard Henry Penn Curzon succeeded to the peerage in 1929 on the death of his father, becoming the Fifth Earl Howe. At that time he resigned his seat in the House of Commons and Type 57S (the “S” stands for “surbaissé,” or “lowered” in French, not “sport” as is sometimes suggested) was built by the Molsheim company between 1936 and 1938 as a high-performance version of the company's mainstay road car, the 3.3-liter, 8-cylinder Type 57. By this time, Bugatti's golden era in Grand Prix racing was long past, challenged by Alfa Romeo then crushed by the state-backed German teams. But the glow of past racing successes was reflected in the prestige of Bugatti's road cars. Clients demanded a sportier version Like Enzo Ferrari a generation later, Ettore Bugatti realized his firm's survival lay in road cars, not race cars, and with his son Jean taking a greater role in design and strategy, “Le Patron” sanctioned the Type 57, which appeared in 1934. Rivaling Bentley, Delage, and Alfa Romeo in price and performance, it was an immediate success, but speed-hungry clients demanded a sportier version, and Bugatti created the 57S. Apart from its lowered (and shortened) chassis, the 57S shared its basic components with the standard car. The high-compression engine was dry sumped but otherwise similar, although a Roots blower was offered as an option (which only two clients originally took up, perhaps due to the cable-operated brakes). The gearbox was standard 57, but top speed increased slightly, thanks to larger-diameter tires. These changes transform the car, and some say the model should have received a different number designation altogether. Like the standard 57, the S was available with fac- tory or bespoke coachwork. From 43 chassis built, most customers (17) chose the Jean Bugatti-designed Atalante coupe (two featuring “bureau top” roll-back roofs), while three ordered coupes by nearby carrossier Gangloff (similar in appearance to the Atalante but SCM Investment Grade: A Comps 1937 Bugatti Type 57SC Atalante coupe Lot 27, s/n 57511 Condition 2+ Sold at $7,920,000 Gooding, Pebble Beach, CA, 8/16/2008 SCM# 117573 1937 Bugatti Type 57S Atalante Coupe Lot 166, s/n 57551 Condition: 1- Not sold at $4,500,000 RM, Scottsdale, AZ, 1/16/2009 SCM# 119062 1937 Bugatti Type 57S Gangloff Coupe Lot 247, s/n 57501 Condition 2+ Sold at $1,707,500 Bonhams & Brooks, Carmel, CA, 8/18/2001 SCM# 23251 Sports Car Market Photos: Bonhams

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designed by Lucien Schlatter, two with longer tails and the third with a higher cabin). The remaining cars received a variety of bodywork, including the sinister-looking, riveted-spine Atlantic coupe, the most prized version of all. Three or four were built, but rather more survive today... Ironically, the 57S wasn't easy to sell. Complaints ranged from sauna-like cock- pits to hopeless ground clearance, not to mention a price double that of a standard 57. Many buyers traded in their cars when the later 57C appeared. If only they'd known… And what of the market? So where does the Bonhams “barn find” fit in? Let's review comparables. The last Bugatti 57S to appear at auction until recently was back in 2001. My team consigned a lovely Gangloff coupe, chassis 57501, to the Bonhams & Brooks auction at Quail Lodge, where it set a benchmark $1,707,500—“a total time warp and worth the money,” commented SCM. Seven years passed until the next genuine 57S came under the hammer: The 57S Atalante owned for decades by the late Dr. Peter Williamson was sold by David Gooding for $7,920,000, the highest price of the 2008 Monterey weekend. Since then, it's been downhill. First chassis 57551, another 57S Atalante and RM's feature car at its January auction in Arizona, failed to sell at a high bid of $4.5 million. Then, just before the Paris auction, yet another 57S appeared for sale, this time with a well-known European dealer. I've long believed that great classics suffer less from a downturn than production exotica, but how many buyers are there for specialized pre-war models with a multi-million dollar price tag on any given day? Offering three Type 57Ss in just a matter of weeks doesn't reflect their rarity. Potential bidders at Bonhams's Rétromobile sale could hardly miss the rival offering—it was displayed about 20 paces away from the auctioneer's podium. 57502's pedigree couldn't be much better So to the famous “barn find.” The pedigree of chassis 57502 couldn't be much bet- ter. Earl Howe resided at Penn House in Buckinghamshire (the driveway of which was banked and the trees painted white) and was a connoisseur of fine motor cars. He'd raced a string of Bugattis with success and thus enjoyed special standing at Molsheim. I know a little about Earl Howe as my father married his daughter (and bought his Alfa 8C for good measure). Howe specified factory Atalante coachwork for his new 57S, bodied in aluminum rather than the usual steel, fitted with a badge bar and extra driving lights and painted black above his trademark racing blue. As an early Atalante, the windscreen was slightly lower than later examples (from chassis 57551 onward). Earl Howe altered various other details, too. The bumpers were changed, a lug- gage rack and side mirrors were added, a removable panel was installed in the dashboard giving access to the sometimes troublesome magneto, and, for his Lordship's own comfort, extra air vents were set into the scuttle and ashtrays in the tops of both doors—essential for a Peer of the Realm rarely seen without a three-piece suit and rakish cigarette holder. The Bugatti's colorful history includes numerous ap- pearances at pre-war race meetings where Earl Howe was competing, and it had its own share of spills. The late Rivers Fletcher, a contemporary of Howe, recalled, “Francis was pretty hard on those cars,” and en route to Shelsley Walsh in 1946, he and the Bugatti made violent contact with a tree. Earl Howe parted with the 57S soon afterward (al- though he retained the DYK 5 registration, which mysteriously is still assigned to his lost Gullwing), and its next owner, architect John Tingay, added a Marshall blower to upgrade the car to factory “SC” specification, as the Roots units were no longer available. Tingay even ran the car on methanol and continued its off-road adventures with another mishap in the wet. Known to most Bugattistes but unseen Lord Ridley was the next owner before, in 1955, one Dr. Harold Carr of Gosforth, near Newcastle, parted with the princely sum of £895 ($2,520) for chassis 57502: rather less than the £5,500 ($15,488) Earl Howe paid that same year for his new 300SL, but more than a brand new Triumph TR at £600 ($1,689), so the very second-hand Bugatti wasn't the gift it might appear. May 2009 41 For the next 53 years, 57502 sat in Dr. Carr's garage in a semi-dismantled state, known to most Bugattistes but not shown even to respected historians. Dr. Carr died in 2007, and Bonhams received the call every dealer had been hoping to get. It may not have been quite the “discovery” the press suggested, and opinions were divided as to whether it was preserved or neglected, but it was eagerly awaited. As the lights dimmed in Paris and the Bugatti was pushed in front of the hushed audience (Bonhams had artfully put the car back together, but no amount of oil would free the seized engine), bidding immediately opened at $2 million. Bonhams knew it had four big hitters on the car, two in the room and another two on the telephone, but hoped others might be waiting in the wings. In the event, though, two Europeans made all the running, with the winner, a respected private collector, prevailing at $4 million after barely five minutes. The collector who underbid the Williamson car to $7 million at Gooding last summer dropped out before bidding even got underway (the exchange rate has made anything outside his home currency 15% more expensive since last year), and the Paris underbidder has since told me, “Last August I wouldn't have missed the Howe car, it's a fabulous machine, but times have changed.” Was it a fair price? The new owner faces difficult conservation choices and will need very deep pockets to complete the restoration of this car. But I'm pleased to report that he'll do as little as possible cosmetically and retain the Marshall blower, which is part of the car's lineage. Its distinctive specification and above all its Earl Howe history make this one of the most charismatic and recognizable of all pre-war Grandes Routières, and the Bugatti 57S is surely one of the few cars of its era that can stand proudly next to the benchmark 2.9 Alfa. One could argue (I would) that despite its needs, this car was good value, and fellow experts I sounded out before the auction unanimously predicted a higher price. But when all is said and done, it's hardly a bad return on a $2,520 investment. ♦ (Introductory description courtesy of Bonhams.)

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German Profile 2001 BMW Z8 Roadster When the Z8 came out, it made me miss the M1, the 2002, and the 3.0 series. With BMWs current lineup, I miss the direction of the Z8 by Steve Serio Details Years produced: 2000–03 Number produced: 5,703 (2,543 U.S.) Original list price: $128,000 SCM Valuation: $75,000–$105,000 Tune-up cost: $375–$450 Chassis #: Driver's side dash at windshield Engine #: Top of block, stamped between cylinder banks Club: BMWCCA 2130 Massachusetts Ave. Cambridge, MA 02140 More: www.bmwcca.org Alternatives: 1999–2004 Porsche 996 cabriolet, 2003 Mercedes-Benz SL55/SL65, 1997–2003 Ferrari 550/575 Maranello SCM Investment Grade: C Comps 1981 BMW M1 Lot 184, s/n WBS59910004301403 Condition 2Sold at $137,500 Chassis number: WBAEJ13411AH60604 Enough.” The concept project was given to Henrik Fisker, who in 1997 was the head of BMW's U.S. design studio in Newbury Park, California, under the direction of Chris Bangle. Interestingly, this car takes its design cues from the O iconic 1950s BMW 507, which was styled by Albrecht Graf von Goertz, the man behind the Datsun 240Z and Toyota 2000GT. After this, Fisker moved over to Ford in the Aston Martin division and then founded his own sports car company, which today produces the Tramonto and Latigo CS, as well as the just-unveiled Karma. The production Z8 was based on the Z07 concept, which made a smashing debut on the European auto show circuit and was put into production in 1999. The Z8 featured a hand-built aluminum body and chassis with a 4.9-liter V8 that produced 400 hp and was mated to a smooth 6-speed manual transmission. This particular example features a rare two-tone red and silver interior with matching factory hard top and comes with a premium bumper-to-bumper extended warranty until April 2012 or 75,000 miles. It features all 42 ne of the most incredible modern sports cars to ever be built, the Z8 was destined to become a future classic after its debut in the James Bond film “The World is Not power amenities, including navigation and CD changer. Mostly hand-built, the Z8 includes the latest advancements, such as electronic-controlled valve timing, “drive-by-wire,” and Dynamic Stability Control. Only 1,500 were produced from 2000 to 2003. With single ownership from new, this limited-production Z8 roadster combines retro styling, perfect balance, and incredible German-engineered performance. SCM Analysis This car sold for $92,400, including buyer's premium, at RM's Cars of Fort Lauderdale auction, held February 6–8, 2009. The RM description would have you believe that a Z8 with a two-tone interior, styled by the Fisker/Bangle duo, and having been featured in a Bond, movie would seem to matter to the car's history. I have never run into a Z8 owner who thought any of those inane points was a reason to blow 100 large. People bought these roadsters because they considered them great cars to drive, beautiful open-air rides, and rare vehicles that weren't seen on every corner. Fair enough. I might not like the Z8 any more than the current Rolls Phantom, but that doesn't make either one a bad car, just bad for my garage. (Just an aside—there were 5,703 made, not the 1,500 claimed in the catalog.). RM, Phoenix, AZ, 1/18/2008 SCM# 48699 2000 BMW Z8 Lot 17, s/n WBAEJ1109AF77221 Condition 2 Sold at $101,240 Kensington, Bridgehampton, NY, 6/7/2003 SCM# 31320 2002 BMW Z8 Lot 191, s/n WBAEJ13452AH61885 Condition 1- Not sold at $90,000 McCormick, Palm Springs, CA, 2/28/2004 SCM# 32730 Sports Car Market RM Auctions

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I personally think Chris Bangle's whole “flame design” ruined BMW's recent cars, though my view is obviously not shared by everyone. BMW seems to be just fine. And James Bond? Well the Z8 wasn't the low point in 007's rides—that was the Z3. The Z8 was brilliant corporate placement; that's about it. God is in the details, but not these details I've written about Z8s in the past, and my overall feel for the car has not changed significantly. I've had the pleasure of driving them through the years and they've always left me cold. The interiors especially felt cheap, as did the plastic/chrome side vents. God is in the details, and these details haven't been to church. Being retrospective in this hobby can be amusing, argumentative, melancholy, or downright reaffirming of one's previous beliefs. My retrospective thoughts are yawning at the Z8; same car, same ride, different story and year. I was always a bit harsh on the Z8's looks and the whole puffery about the reach back to the 507's importance and all that pertained to BMW's history. The 507 never raced, was too expensive, was considered a failure, and was at that time the wrong direction for BMW. If you accept my historic criticism for a moment, I will be balanced at the end here with a silver lining to those BMW owners (though I do prefer the M5). It's great that this particular car comes with an extended warranty, but did it have the original hard top, the hard top carrier, the original BMW Z8 book, the window sticker, and all the original keys? Because the Z8 is now a “modern collectible” (for lack of a better phrase), new buyers are very persnickety about the completeness of the equipment, and justifiably so. Most of these cars are barely broken in A Z8 buyer, much like any “modern collectible” buyer, wants the lowest-mileage, newest-year, best-equipped version. Perhaps a delivery-mileage-only 2003 Alpina edition in a tasteful color combination would be the top of the Z8 world. The car sold here is 95% of that in reality. Most of these cars are still barely broken in, and new buyers should know that these things are mechanically very robust. Any year Z8 that has been properly serviced and has not been pranged at speed can be a great driving experience. In review of the marketplace over the last 36 months and before the dollar got stronger, a great many Z8s went abroad. A few dealers who specialize in these cars were having a grand old time packing them in containers and sending back to the Fatherland. There are fewer cars now in the U.S. pre-owned pool. The car has a strong European appeal, and that helped it to retain much of its original value here in the U.S. Z8s have a strong enough following to make original owners look like boy geniuses with their money. Comparatively, if you had purchased any of the cars I list in the “Alternatives,” your current residual is probably just 25%–40% of the original window sticker—and that's if you're lucky. Z8s still trade near their original asking price and certainly at 75% of that all day long. To be fair, I'd rather have the Z8 than any of the other cars I mention. When the Z8 came out, it made me miss the M1, the 2002 and the 3.0 series. Now, with BMW's current lineup, I miss the direction of the Z8. Assuming the car in Florida was complete with all its goodies and there were no stories, the price was absolutely on the money. ♦ (Introductory description courtesy of RM Auctions.) May 2009 43

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American Profile 1964 Ford Thunderbolt 1964 Galaxie Lightweight Thunderbolts were designed for high-profile Factory Experimental and Super Stock classes; Galaxie Lightweights targeted regional Stock-class competition by Thomas Glatch “Little Emmett” brought $206,700 in Florida I n March 1963, General Motors dropped a bombshell by banning factory support of auto racing. Ironically, just one month later, Ford Vice President Lee Iacocca issued a press release that read, in part: “Our attitude is based on three points: • We believe that performance events—whether they be races, road rallies, or acceleration-economy-braking trials—are an important means of ‘improving the breed.' • Those who enter such events are entitled to and will receive our support. We want our products to do well in such events. • We plan to communicate to the public the construc- tive lessons learned in such events. For example, the durability of the product which enabled Ford to sweep all five places in the NASCAR Daytona 500 race was communicated through ads in 2,800 newspapers plus radio and television. ... Race on Sunday, sell on Monday... Our philosophy is based on Total Performance.” While some within Ford felt venues like Indianapolis and Le Mans were the perfect showcases for the company, 44 the marketing folks knew it was stock-looking race cars that brought the masses into the showrooms. In 1963, that meant NASCAR and USAC oval-track competition, plus NHRA and AHRA drag racing. For the '63 drag race season, Ford created spe- cial lightweight Galaxie coupes for the Factory Experimental and Super Stock classes. Though hardly a failure, the 427-powered Galaxies struggled to keep up with the smaller, lighter Dodges and Plymouths. For 1964, Ford mounted a two-pronged attack on the nation's drag strips. In another twist of irony, Ford used the formula for the stillborn '63 Pontiac LeMans Super Duty cars (see profile, March, p. 48) by stuffing the Galaxie's 500-plushorsepower 427 into the midsize Fairlane 500, creating the Thunderbolt. Since there was no way the massive 7liter V8 would fit the stock Fairlane engine compartment, Ford turned to a long-time contractor, Andy Hooten's Dearborn Steel Tubing company, to make the extensive modifications needed to create the Thunderbolt. The first eleven Thunderbolts, all painted Vintage Burgundy with tan interiors, went to the top Ford rac- Thunderbolt Details Years produced: 1964 Number produced: 100 to 127 Original list price: $3,780 SCM Valuation: $150,000–$350,000 Tune-up cost: $150 Distributor cap: $33.88 Chassis #: Stamped into tab on upper right side of cowl; on dataplate riveted to rear edge of driver's door Engine #: On block above oil pan at passenger's side front corner Club: Fairlane Club of America 340 Clicktown Rd. Church Hill, TN 37642-6622 More: www.fairlaneclubofamerica.com Alternatives: 1963 Pontiac LeMans Super Duty, 1963 Plymouth Savoy A/FX, 1963 Plymouth Belvedere Max Wedge SCM Investment Grade: A Sports Car Market Photos: Mecum Auctions

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Galaxie Details Years produced: 1964 Number produced: 50 Original list price: $3,900 SCM Valuation: $100,000–$300,000 Tune-up cost: $150 Distributor cap: $33.88 Chassis #: Stamped into tab on upper right side of cowl; on dataplate riveted to rear edge of driver's door Engine #: On block above oil pan at passenger's side front corner Club: Ford Galaxie Club of America PO Box 429 Valley Springs, AR 72682-0429 More: www.galaxieclub.com Alternatives: 1963 Chevrolet Biscayne Z11, 1962 Pontiac Catalina Super Duty, 1964 Dodge Coronet 330 Lightweight Hemi SCM Investment Grade: A One of just 50, this Galaxie Lightweight made $217,300 ers, including Phil Bonner, Bill Lawton, Gas Ronda, and Mickey Thompson. First time out, Butch Leal destroyed the competition at the 1964 Winternationals with a best time of 11.47 seconds at 120.16 mph. Subsequent cars were painted Wimbledon White, and most authorities believe a total of 100 cars were built, though some think as many as 127 might have been created. For Super Stock and Stock drag competition, Ford brought back the Galaxie Lightweight for 1964. Lighter than the '63 cars and packing a bit more power, the new Lightweight was much more competitive. A total of 50 were built at the Atlanta assembly plant, all painted Wimbledon White, while 25 were equipped with Ford's “Top-Loader” manual 4-speed, and 25 with Lincoln's stout 3-speed automatic transmission. While the Thunderbolts were created to grab the spotlight in national events in the high-profile Factory Experimental and Super Stock classes, the Galaxie Lightweights were tailor-made for regional Stock-class competition. Either way, Ford Total Performance grabbed the trophies throughout 1964, and buyers filled the showrooms in record numbers. In 1965, the NHRA mandated that at least 500 cars be manufactured to qualify for the stock-type classes, which effectively killed the future of the factory lightweight race car. Both the Thunderbolt and the '64 Galaxie Lightweight represent the end of an era. 1964 Ford Fairlane 427 Thunderbolt Chassis number: 4F41K167201 SCM Analysis This car sold for $206,700, including buyer's premium, at the Mecum Muscle Cars & More auction in Kissimmee, Florida, on January 24, 2009. This Thunderbolt was built in early December 1963 and sold to Jerry Alderman Ford in Indianapolis on July 8, 1964, for $1. For the next two years it was campaigned at Midwest tracks under the name “Little Emmett,” driven by Bob Martin. It then spent more than two decades in hiding before being restored, and in 1999, it was featured on the Hot Rod Power Tour by then-owner Joe Fazo of Stockton, California. The Thunderbolt is clearly the Holy Grail for performance Ford fans, and there have been a flurry of significant sales in recent years as Fords finally get some of the recognition their GM counterparts have always enjoyed. Mecum sold the well-known Reynolds Ford Thunderbolt for $330,750 in 2006, while Hubert Platt's famous “Little Georgia Shaker” was sold by Barrett-Jackson that same year for $162,000. In reality, the $206,700 brought by “Little Emmett” is about the right price for these racers right now, at least for one of the Wimbledon White “customer” cars. But consider that in 1999, Phil Bonner's famous Thunderbolt, which was the 1964 A/FX national champion and one of the original eleven Burgundy cars, sold for just $54,600. It wouldn't surprise at $300,000 today. Fords may never have quite the value in the mar- ketplace as similar Chevys and Pontiacs, but the gap is clearly narrowing, and “Little Emmett” should be considered well bought. 1964 Ford Galaxie Lightweight Chassis number: 4A66R145479 SCM Analysis This car sold for $217,300, including buyer's premium, at the Mecum Muscle Cars & More auction in Kissimmee, Florida, on January 24, 2009. It's uncommon when one factory-built racing Ford is offered for sale; having two at the same auction is almost unheard of. And when one is a rare '64 Galaxie Lightweight, it's a special event indeed. This Galaxie was the prototype for the 50 lightweight cars. It is thought to have been raced by Bud Schlenburg, winning its class at the U.S. World Nationals in 1964. After years of obscurity, the Galaxie received a full frame-off restoration by noted Ford restorer Donald Allen. Provenance is everything to a vintage race car, so why would this Galaxie Lightweight, with a fraction of the accomplishments of the typical Thunderbolt, sell for more? Just 50 of these cars were built, vs. around 100 Thunderbolts and 200 1963 Lightweights, and far fewer '64 Lightweights have survived over the decades. Plus, the '64 Lightweights are rarely seen in the marketplace. Rarity trumped lack of provenance with this car, and it should continue to increase in value in the years ahead. A wise purchase. ♦ 1964 Ford Fairlane 500 Thunderbolt Lot 1231.2, s/n 4F41K167165 Condition 2Sold at $162,000 Barrett-Jackson, Scottsdale, AZ, 1/14/2006 SCM# 40296 Comps 1964 Ford Fairlane 500 Thunderbolt Lot S66, s/n 4F1K230584 Condition 2 Sold at $330,750 Mecum, St. Charles, IL, 10/6/2006 SCM# 43082 1964 Ford Fairlane 500 Thunderbolt Lot 1334.1, s/n 4F41K230520 Condition 1 Sold at $270,000 Barrett-Jackson, Scottsdale, AZ, 1/14/2006 SCM# 40314 May 2009 45

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Race Car Profile 1969 Matra MS650 Barquette It was a glorious combination of beauty, speed, sound, and comfort, a proper object of Gallic pride, and almost (but not quite) the equal of Porsche's 908 by Thor Thorson Details Years produced: 1969 Number produced: 3 Original list price: n/a SCM Valuation: $1.9m on this day Cost per hour to race:$1,500 Chassis #: Tag on frame Engine #: Unknown Club: Matra Enthusiasts Club U.K., 4 Maplewood Close, Larchwood, Totton, Hampshire, SO40 8WH More: www.matraclub.org.uk Alternatives: 1968–69 Porsche 908, 1967–69 Alfa Romeo T 33/3, 1968–70 Ferrari 312P SCM Investment Grade: A Comps Chassis number: MS6501 collects French Blue cars. Thus #01 is the only one available. The 650 is probably the most sought-after and important sports “Barchetta” from Matra. Contrary to the following 660s and 670s, it is the only one that can be driven on the road and is eligible for events like the Tour de France and Le Mans Classic. At the end of its racing career, MS65001 (without en- O gine) was presented by Jean-Luc Lagardere to a painter who lived in the south of France. Some years later, it was bought by David Piper, who fitted a Ford engine and a Hewland gearbox and participated in vintage events. Piper later swapped a BRM engine, like the one fitted to the Matra 620 and 630, for a Matra 676 V12 engine. He then sold Matra 65001 to the present owner, who was lucky enough to get from a former Matra employee an almost complete MS 12 engine. This goes with the car, as well as the original ZF gearbox of 65001. The car is being sold with all the necessary parts for racing. SCM Analysis This car sold for $1,922,933 at Artcurial's auction in Paris on February 8, 2009. The French have always taken a nationalistic pride in their automotive industry, and racing success has long been an essential component of the national psyche, particularly as it applies to Le Mans. The late '50s and early '60s, though, were not kind to the French, who found themselves stuck in the back of the fleet contending for “Index of Performance” awards while the English, 46 nly three Matra 650s were built. After a successful racing career, one is kept in the Matra museum at Romorantin, while the second belongs to a racing driver who Italians, and Americans fought over the top positions. This was a period dominated by horsepower rather than subtlety, and the French zeitgeist didn't allow anything larger than two liters, so they were consigned to relative obscurity in the back. For 1968, the FIA, a Paris-based and arguably Franco-centric bureaucracy, changed the racing rules to favor 3-liter pure racing cars over the earlier 4- to 7liter semi-production GT cars that had been dominant. This was ostensibly done in the name of safety, but the cynics figured it was a way to allow blue cars to run at the front. Either way, it did have that effect, though it took a while. Three liters corresponded with a huge loan Mécanique Avion TRAction (Matra) was a French aerospace company that got involved in automobiles by buying the René Bonnet company in 1962. Sales of the resulting Matra Djet were slow, so in 1964 Matra Sports was established to raise the company profile through competition. It enjoyed some success in the smaller classes of formula car racing in the mid 1960s, using primarily English engines. By chance, the advent of the 3-liter Formula One and World Championship rules for 1968 happened to correspond with a very large loan from the French government to Matra with a directive to create an all-French winner and a new sponsorship association with ELF, the French national petroleum company. With money now available to match the ambition, work commenced on a new 3-liter V12 to power a new series of all-French racing cars—a 60-degree, 4-cam 4-valve design intended to run at or beyond 10,000 rpm. 1973 Matra MS670B Barquette Lot 212, s/n MS670B02 Condition 1- Sold at $1,395,615 Bonhams, Monte Carlo, MCO, 5/16/2005 SCM# 38175 1969 Matra MS650 Barquette Lot 322, s/n MS65001 Condition 3- Not sold at $596,855 Bonhams, Monte Carlo, MCO ,5/18/2002 SCM# 28385 1970 Porsche 917K Lot 450, s/n 917 022 Condition 3+ Sold at $1,320,000 RM, Monterey CA, 8/18/2000 SCM# 29086 Sports Car Market Photos: Artcurial

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Despite their obvious romantic appeal, small-displacement V12s can be quixotic affairs, with the advantages of small combustion chambers often offset by the daunting complexity and sheer number of moving parts involved in the design. They are very expensive to build, can be demanding to maintain, and getting reliable horsepower to match the glorious sound can be challenging. The result is that racing V12 engines tended to be built by nationalistic dreamers like Matra, BRM, Ferrari, and Dan Gurney. The pragmatists like Cosworth just built V8s like the DFV and got on with it. Candidly, history has favored the latter. Though expensive, thirsty, and a bit heavy, Matra's new V12 proved to be an excellent powerplant, and their chassis design was easily on a par with the competition, with the result that 1968 was a very promising initial year. Formula One showed well (though most of the success was with Tyrell running Fordpowered Matra chassis), and the lone Matra entered at Le Mans, an MS630, did extremely well, running at or near the front until tire and electrical problems forced it out at the 22nd hour. This was particularly heartening to Matra, because the V12 was in full F1 sprint configuration and nobody really expected it to last the race. The promise of 1969 The stage was set and the expectations high for the 1969 season. The updated 1969 version was called the MS650. It was a substantial evolution from its predecessor and is now generally considered to be the best driver's Matra, before or since. Because several of the expected events were run on public roads, the 650 was made technically road-legal, even sporting a Lamborghini Miura speedometer. It was a glorious combination of beauty, speed, sound, and comfort, a proper object of Gallic pride, and almost (but not quite) the equal of Porsche's 908. While 1969 proved to be Porsche's year for the Manufacturer's Championship, Matra made a splendid battle of it at Le Mans, with our subject car finishing 4th and the earlier 630 finishing 5th behind several GT40s and a Porsche 908. After Le Mans, chassis 65001 was raced extensively with good success through the rest of the season and into 1970 before being retired in favor of newer models. Matra and the French psyche finally came into their own a few years later, winning Le Mans overall in 1972, '73, and '74 and the Championship of Marques in 1973 and '74, all in cars that evolved from this one. The road to success was long, but this is where it started. Championship racers from '68 to '72 are not often seen on the auction stage. There aren't a lot of them, in the first place, and they tend to be daunting and expensive to run, in the second, so the few that change hands tend to do so quietly among knowledgeable friends. As a complication, the key to successful ownership is having extremely competent mechanical support, and that can be a bigger problem than raising a paddle. All of these cars, but particularly the Matras, are emphatically not cars for inexperienced or amateur owners. A gloriously noisy Gallic icon The rules of the period were designed for 3-liter cars, but Porsche and Ferrari soon found a 5-liter loophole, and the 917 and 512 S became the dominant cars of the period. The result is that there are two tiers of pricing—one for the “big-bore” cars and another for the smaller, 3-liter ones. I discussed the big cars a few months ago with the Ferrari 512 M (August 2008, p. 62). Porsche's 908, the Matras, and Alfa Romeo's T 33/3 are the primary alternatives in the 3-liter group and range between $1m and $2m. Alfas hold down the low end of the scale, while Porsche and Matra seem to share the top. The Porsche is better known and easier to keep running, but Matra's V12 and rarity make it more collectible, so values are comparable. My feeling is that had he wanted, the buyer could have found a good Porsche 908 for a bit less than the Matra, but the 908s were (excellent) Germanic weapons, while the Matra is a glorious, noisy, particularly Gallic icon of accomplishment. To the right person, that counts for quite a lot, and I'd say fairly bought. ♦ (Introductory description courtesy of Artcurial.) May 2009 47

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Market Reports Overview Rétromobile Barn Finds Bring $59m Although prices are down in many instances, cars are in fact changing hands—a reflection that the market is adjusting by Jim Pickering we've seen at other sales throughout the end of 2008 and the beginning of 2009, many buyers and sellers adjusted their expectations to meet the market, and accordingly, although a number of sales saw totals below those realized in 2008, nearly each event still realized solid results. Contributing Editor Donald Osborne made his way E to Paris in early February for Bonhams's second annual Rétromobile sale, where sales rose slightly from 2008's $14.1m to this year's $14.4m. Headlining the event was the ex-Earl Howe Bugatti Type 57S Atalante coupe, which made $4.4m, while “Black Bess,” a 1913 Bugatti Type 18, made $3.1m. Across town, Artcurial's Classic and Racing Cars event totaled $3.7m for 20 of 57 lots. Auction Analyst Jérôme Hardy was there to cover the lots as they sold, noting that although a variety of cars were available, totals saw a significant drop from 2008's $5.6m. This year's high went to a 1969 Matra MS650 racer at $1.9m, while the other 19 cars on offer combined to bring just $1.8m. Auction Analysts Russell Glace and Thomas Casey traveled to RM's annual Collector Cars of Fort Lauderdale event, where 265 of 410 cars totaled $11.5m. Glace and Casey say that while last year's event saw a much higher $17.9m total, both the cars on offer and the mentality of buyers and sellers have changed, and this year's 65% sellthrough rate can certainly be counted as a success—especially in this market. Perhaps $11m is the new $18m. Mecum returned to Florida in mid-January for its an- nual Kissimmee High Performance Auction, where totals rose to $16.4m from last year's $15m. Auction Analyst SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 48 conomic turbulence was again on the minds of buyers and sellers throughout recent months, with many sales struggling to beat the marks set at the same locations just a year prior. However, as Sales Totals Bonhams, Paris, FRA Artcurial, Paris, FRA Mecum, Kissimmee, FL Kruse, Phoenix, AZ RM, Fort Lauderdale, FL Coys, Padua, ITA MidAmerica, Las Vegas, NV $3,695,760 $16,419,172 American Classics and $14,480,770 $4,614,732 $4,903,984 $3,407,459 Dale Novak noted that after starting out a bit slowly, the event built up a brisk pace, and the majority of the cars that sold did so at a fair exchange, provided both parties were reading the same updated price guides. Auction Analyst Lance Raber covered MidAmerica's annual Las Vegas motorcycle auction in early January, where 369 of 445 bikes traded hands for a final total of $4.9m. Despite a slight drop in totals from 2008's $5.3m, there were 50 fewer motorcycles on offer this year, and the prices realized across the board remained relatively stable. Coys returned to Padua, Italy, for its annual Auto Moto d'Epoca Padova sale in October, where 46 of 114 cars sold for a final total of $3.4m. Contributing Editor Donald Osborne found the 40% sales rate to be down from the previous year's 60%, but more mid-range lots brought the average sale price up significantly, showing that the market appetite for usable classics has grown as buyers have become more cautious with their money. Results remained relatively solid for Kruse at its annual Scottsdale sale in late January, with this year's total of $4.6m falling just a bit from last year's $4.9m. Lance Raber was there to cover the lots on offer, which included a collection of 47 identical Shelby GT-H Mustang convertibles. Rare cars still commanded big prices, including a 1911 Rambler 7-Passenger touring, which was the high sale at $1.6m, but '60s and '70s drivers were a much harder sell. Finally, if style and performance are more important to you than high maintenance and insurance costs, Geoff Archer's report on eBay Motors activity should have just the supercar for you. ♦ Top 10 Sales This Issue (Land Auctions Only) 1. 1937 Bugatti Type 57C Atalante coupe, $4,408,575—Bon, p. 53 2. 1913 Bugatti Type 18 Sports roadster, $3,131,475—Bon, p. 52 3. 1969 Matra MS650 Prototype racer, $1,922,933—Art, p. 72 4. 1911 Rambler 7-Passenger touring, $1,620,000—Kru, p. 97 5. 1963 Chevrolet Corvette Z06 Yenko Gulf One coupe, $1,113,000—Mec, p. 64 6. 1962 Mercedes-Benz 300SL roadster, $556,500—Mec, p. 62 7. 1963 Ferrari 250 GTL Lusso coupe, $546,100—Coy, p. 88 8. 1955 OSCA MT4 roadster, $477,945—Bon, p. 58 9. 1973 Citroën DS23ie cabriolet, $435,375—Bon, p. 56 10. 1955 Lancia Aurelia B24 Spider America, $406,995—Bon, p. 58 1. 1950 Jaguar Mk V 3.5 cabriolet, $64,548—Art, p. 72 2. 1969 Lamborghini Islero S coupe, $70,434—Coy, p. 90 3. 1934 Bugatti Type 57 sports sedan, $395,643—Bon, p. 52 4. 1954 Buick Skylark convertible, $187,000—RM, p. 82 5. 1970 Chevrolet Chevelle SS 454 LS6 2-dr hard top, $65,720—Mec, p. 66 Sports Car Market Best Buys $11,509,585

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Bonhams Paris, FRA Automobiles d'Exception à Rétromobile The ex-Earl Howe Bugatti Type 57S came out of a 40-year slumber to spread interest beyond the collector car community Company Bonhams Date February 7, 2009 Location Paris, France Auctioneer Marielle Digard Automotive lots sold / offered 60/85 Sales rate 71% Sales total $14,480,770 High sale 1937 Bugatti Type 57S Atalante coupe, sold at $4,408,575 Earl Howe's Type 57S Report and photos by Donald Osborne Market opinions in italics Rarely-seen snow covered the ground, a cold wind from the north kept the birds quiet, and only devoted smokers sat in sidewalk cafes. But inside Hall 7 at the Porte de Versailles F Exhibition Center, things were considerably warmer. Bonhams returned to Paris for its second Rétromobile auction with the latest barn-find Bugatti Type 57. The ex-Earl Howe 57S came out of a 40-year slumber to spread interest beyond the collector car community. While early press spoke of a possible $6m-plus price, Bonhams anticipated $3.5m–$5.1m. In the end, $4.4m seemed fair for both buyer and seller. The evening began with automobilia, and auctioneer Marielle Digard led the sale in a good balance of English and French. Motor Car Head of Department Jamie Knight also provided introductions, and the autos began exactly at 6 pm, when Bonhams's Mathieu Lamoure rode in aboard lot 101, a George Barris golf cart built for Elton John. The first of the prominent cars was “Black Bess,” a 1913 Bugatti Type 18 with continuous competition history. It leapt from an opening bid of $645k to sell at $3.13m to a European collector. The sale helped propel Bonhams to a $14.5m total, with a 71% sale rate—just exceeding last year's $14m and 68%. An oh-so-Rétromobile collection of Citroëns from 50 ebruary isn't spring, but sometimes Paris gives a preview of the season with buds in gardens and parks and a warm sun. Not this year. Paris, FRA Buyer's premium 15% up to $193,500, 10% thereafter, included in sold prices ($1.29=€1.00) Switzerland included a number of Chapron-bodied customs. Among them was a beautifully restored 1973 DS23 fuel-injected convertible, one of three, which found a new owner at a record $435,375. Race driver Bernard Consten, five-time winner of the Tour de France Auto, drove his Ferrari Daytona into the room and to a market-correct $279,285. A Lancia Aurelia B24 Spider America made $406,995, and a Mercedes 300SL roadster with a replaced engine netted $477,945, while an OSCA MT4 barchetta topped out at $478k. Other notable sales included a nice, but not perfect, Alfa Giulietta Sprint Speciale at $53,406, and a well-restored SS 100 Jaguar, said to have been driven by Ian Appleyard at Brooklands, which brought $279,285. A lovely James Young-bodied Bugatti Type 57 coupe was well bought at $395,643. A collection of bizarre promotional vehicles used during the Tour de France cycle race brought a total of $155,028 for the six trucks and one car, which must have been a disappointment to the consignor. Two prominent no-sales were a 1961 Ferrari Sales Totals 250 GT SWB ($1.7m) and a 1929 Duesenberg Model J Murphy convertible coupe ($1.74m), both of which fell short in the details. A 1934 Alfa 6C 1750, rebodied after WWII, was bid up to a generous $181k but went home. Most of the top lots sold to the Continent. Americans were present and some were bidding, but they went home empty handed. The space on the first level of the hall al- lowed Bonhams to once again drive cars across the room to sell—a novelty in Europe—and the company promises heat, more seats, and catering for next year. ♦ $3m $6m $9m $12m $15m 0 Sports Car Market 2009 2008 Photo courtesy of Bonhams

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Bonhams Paris, FRA ENGLISH #154-1939 JAGUAR SS 100 3½-Liter roadster. S/N 49057. Black/black canvas/red leather. RHD. Odo: 25,882 miles. Doors slightly out at forward edge, hood fit excellent. Shiny paint shows minor prep issues and light polish scratches. Very good chrome with one small ding on left headlight. Interior has nicely SOLD AT $103,845. Ex-Michael MacDowel, winner of the 1955 1,172-cc Championship. Not as successful as the legendary Lotus Eleven, but very evocative of the period. Recent vintage race history, including Mille Miglia Storica and the Monaco Historics. It appeared very original, and was stated to have its original engine. A '50s racer which looks the way one should look, not like a concours winner. Market price. broken-in seats and somewhat worn carpets. Halda Tripmaster clock fitted. Engine block replaced in the late '40s. Cond: 2-. SOLD AT $279,285. The car which began the legend of Sir William Lyons's empire. This example was said to have been raced by Ian Appleyard at Brooklands. It had been well restored and presented nicely. Given the selling price, the possible Brooklands connection added nothing to the value. Market correct. See profile, p. 38. #146-1953 ROLLS-ROYCE SILVER WRAITH 4½-Liter limousine. S/N LWVH87. Eng. # W86H. Burgundy & black/beige leather. Odo: 58,859 miles. Coachwork by Hooper & Co. Excellent panel fit, shiny paint shows various prep issues, small touched-in chips, and polish scratches. Good chrome, except for pitting on rear bumper overriders and inside of headlights. Interior shows a nice patina with FRENCH TOP 10 No. 2 #114-1913 BUGATTI TYPE 18 Sports roadster. S/N 474. Eng. # 474. Black/ beige leather. RHD. Odo: 5,798 miles. Coachwork by Labourdette. Body straight, presentable paint, body trim wood a bit dry and dirty, brass trim good. Seats are tatty but not shredded, dashboard wood chipped and varnish is splotchy. Cond: 4. SOLD AT $3,131,475. The good for patterns. Cond: 5-. SOLD AT $48,956. A true barn find, and presented as such, which is the way it should be. Somewhat sporty and attractive coachwork by unknown carrosserie, perhaps Meulemeester. Will be lovely if restored, but it was difficult to tell if it could be cleaned and preserved. Well bought. #105-1936 DELAGE D6-60 sports excellent wood trim. Divider window. Cond: 3-. SOLD AT $178,020. Former owners include Yves Saint Laurent and Pierre Bergé. A nice enough Wraith touring limousine in attractive colors. At the time of the sale, Paris was abuzz with the YSL art and decorations estate sale at Christie's. Compared to the art, this was a cheap way to get a part of the great man's lifestyle. As a car, though, it was really expensive. #128-1955 LOTUS-FORD Mk IX racer. S/N MKIX85. Eng. # S84846. Aluminum/ green vinyl. RHD. Odo: 47 miles. Very good panel fit. Bare body shows construction and shunt repair marks and has an uneven finish throughout. Seats show some wear. Cond: 4. 52 very famous “Black Bess” Bugatti—one of seven Type 18s built, and one of three surviving. First owner was aviator Roland Garros, and it passed through a number of hands in the U.K, becoming one of the best known Bugattis in the country. Rare, great provenance, and remarkably original. Worth every penny. Sold to a European collector who will thankfully continue to use it. #165-1934 BUGATTI TYPE 57 sports sedan. S/N 57158. Eng. # 669271. Dark blue/beige leather. RHD. Odo: 52,338 miles. Excellent panel fit and chrome, very good paint shows areas of spider cracking in rear bumper valence panel. Interior shows only light soiling on driver's seat and some sun bleaching of dashboard wood in left corner. Cond: 2+. SOLD AT $395,643. A stunning aero coupe by U.K. coachworks James Young. Wonderful colors and a great look: restrained, yet sporty. One of my favorites in the sale. Sold at Christie's New York sale in May '02 as a “2-” saloon. S/N 50353. Dark blue/blue & white leather. RHD. Odo: 52,855 km. Coachwork by Letourneur et Marchand. Panel fit a bit off everywhere, with both doors dropped slightly toward the rear. Older paint shows age-related defects, with some dings and bubbling on fenders and running boards. Bright trim fair. for $260,500 (SCM# 28428). According to the SCM Platinum database, the odometer apparently read higher at that time than it did here. Clearly it has not been driven since restoration. Properly valued, and a bargain for the style. #141-1934 PANHARD & LEVASSOR TYPE X73 convertible. S/N 80141. Light green/beige canvas/dark red leather. RHD. Odo: 30,220 km. Relatively good panel fit, body fairly straight, paint dull and flaking off in spots. Bright trim is not bright. Interior appears complete except for horn button, upholstery present is very Interior in good condition, but driver's seat backrest bent backwards off-center and upholstery buttons and wood trim worn. Cond: 4-. SOLD AT $25,220. A somewhat sober “sports coupe” from the late '30s, with almost a post- Sports Car Market

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Bonhams Paris, FRA Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. 2009 Mitsubishi Outlander 2.4 SE 2WD war simplicity about it. The D6-60 is the least desirable Delage variant, and this is not an exciting body. The result? A bargain way to pre-war Delage ownership. Don't expect a lot of upside, and you'll be fine. No harm here. TOP 10 No. 1 #142-1937 BUGATTI TYPE 57S Atalante coupe. S/N 57502. Eng. # 26S. Black/beige leather. RHD. Odo: 26,284 miles. Very good panel fit, except right door out at forward edge. Paint scratched, bubbling, rubbed, and shows some evidence of body repair work. Seats creased but only split on seams. Some missing instruments in Price as tested: $24,865 Likes: Functional utility wagon, with good visibility and room for four adults and two kids. Simple dash, intuitive controls (three big knobs), excellent Rockford-Fosgate stereo. Handles well, drop-down bumper/tailgate useful for loading. Gripes: CVT transmission feels like it's slipping, 20 mpg city unacceptable from 168-hp, 4-cylinder and only FWD. Third seat had annoying squeak; interior plastic is as crude as a Lancer. Fun to drive: HHH Fun to look at: HHH Overall experience: HH Verdict: Fairly Spartan package, which would be OK if you're filling it with muddy soccer kids, hunting dogs or skiers. But with 2WD, you won't be going skiing or hunting, will you? And if you spend extra $$$ for 4WD and a V6, you're up against a RAV4 or a used Toyota Highlander.—Paul Duchene 2009 Kia Borrego EX 4X4 dashboard, no carpets. Cond: 5. SOLD AT $4,408,575. The ex-Lord Howe Type 57S, and the undisputed star of the show. Yet another Bugatti Type 57 Atalante barn find. Can you imagine having a car like this and leaving it parked for 40 years? Neither can I, yet here we are again. Sold at a strong, but not unreasonable, price to a European collector, who plans to use it vigorously on rallies and tours once recommissioned—not restored. Good for him. See profile, p. 40. #133-1950 TALBOT-LAGO T26 Record cabriolet. S/N 101008. Dark blue/black canvas/ brown leather. RHD. Odo: 20,847 km. Very good panel fit, shiny paint shows many prep issues. Fair to good chrome, interior shows a nice patina and is fitted with great mock tortoise control Gourmand,” the name given to this promotional vehicle. Built for a candy company to accompany the Tour de France cycle race, it amazed children for decades. It's now a bit scary, like an old carnival ride in a dark warehouse. As a one-of-a-kind piece, it was very well bought. As something with which you can really do nothing, even better sold. #109-1957 TALBOT-LAGO T14S coupe. S/N 140049. Light blue metallic/tan leather. RHD. Good panel fit, but door bottoms and sills a bit wavy. Paint shows chips as well as some areas of blistering, overspray, and a color mismatch on left door. Fair to good chrome. Well worn seats from a Rover are fitted, with Price as tested: $39,395 Likes: Crisp exterior styling, excellent finish and panel fit, interior is superior quality, controls are obvious. Kia's first V8 yields 337 hp, which is plenty, 6-speed auto very smooth. Nav system, satellite radio, power everything, multiple safety features. Legitimate contender for Acura MDX, Honda Pilot, and Toyota Highlander. Gripes: 10 mpg real-world gas mileage is the worst we've tested for a long time and a consistent weak point among Korean cars with larger engines. When gas goes back over $3, you'll NEED to give this back. Fun to drive: HHH Fun to look at: HHH Overall experience: HH Verdict: Is it 2003 again? Either this took far too long to get to market (five years?) or somebody in the Kia bunker doesn't get out much. “Borrego” is Spanish for “sheep”… is that them or us? On the other hand, it's apparently Cuban slang for “hoax.” Now I get it.—PD ♦ 54 knobs. Grand Sport alloy-head 3-carb engine fitted in place of original. Cond: 3. SOLD AT $133,515. A lovely post-war Grand Routier, with attractive Talbot factory body and potent Grand Sport engine. Would make a terrific vintage rally mount. Fairly priced, and for my money, the engine swap increases the value. #160-1951 RENAULT R2163 Le Nain Gourmand truck. Red, blue, white, & pink/ red vinyl. Fairly recent touched-up livery, though colors are slightly dulled. Various nicks, scratches, and rubs throughout. Worn interior features terrific octagonal speedometer and multifunction gauge. Cond: 4-. SOLD AT $47,472. “The dwarf who takes pleasure in food” is the translation of “Le Nain original, smaller, equally used bucket seats included. Soiled headliner, split and perished rubber floor mats. Cond: 4-. SOLD AT $91,977. Ex Jean-Michel Cérède Collection. Of the endof-the-line Talbot-Lago cars, the four-cylinder T14 is at the bottom of the order. Still, these are very handsome cars with a great heritage. This one needed everything, so local bidders were clearly buying the provenance. Very well sold. #117-1966 CITROËN DS21 Palm Beach cabriolet. S/N 4350023. Metallic Sand/dark brown canvas/tan leather. Very good panel fit, excellent paint, well-fitted interior let down by slightly soiled seats. Smooth chrome shows some polish scratches on bumpers. Cond: 2+. SOLD AT $222,525. A fabulous DS cabriolet in superb colors and condition. The Paris auctions of Christie's and now Bonhams have proven to be the place to find the best of these rare beasts. Sports Car Market

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Our Cars Bonhams Paris, FRA 1977 Daimler Vanden Plas SII LWB sedan A huge price, but not the highest in the sale. If you want the best, you've got to pay. Owner: Paul Duchene, Executive Editor Purchase date: January 17, 2009 Price: $12,500 Mileage since purchase: 150 or so Recent work: Installed right-dip headlights. I blame SCMer Chip Lamb. I would have ignored this car at Russo and Steele if he hadn't told me to look inside. Lamb had bought the black sedan from a Brit in Las Vegas. The Scottsdale auctions were close, so he decided to flip it. Daimler VDPs were expensive U.K. variations of the long-wheelbase Jaguar XJ6, and the car is an anomaly in the U.S. But it's also LHD, with a 4-speed and overdrive and 33k miles. I was hooked; to my knowledge that package did not exist. I know of only two LHD, 4-speed Jaguar XJ6s in the U.S, both originally imported by diplomats. The paperwork was complete, showing G.K. Jenkins as the first owner in Torquay, Devon. He sold it after two years and 20k miles to Edgar George, who used it very little. Hurst Park Motors (close to where I grew up in Surrey) bought it out of storage in 2004 and sold it to Duncan Pearce for £9,995 ($19,276). Kevin Wooding at Hurst Park remem- bered the car well. “It was very sound and we repainted it black from dark brown, which was easy because the engine compartment is already black.” But he remembered the car as RHD and automatic—and sent photos to the effect… Finally, I heard from Duncan Pearce in Las Vegas. He was an electronics whiz who emigrated with his family and decided to bring the perfect English car. Pearce bought the Daimler, then found a left-hook XJ6 Jaguar in Switzerland. He made this car LHD, then found a wrecked 4-speed o/d XJ6 and rebuilt the transmission and clutch. After £5,000 ($9,643) and countless hours, he had a low-mileage, LHD, 4-speed sedan. Pearce didn't reply to my first inquiry because he was upset the car had been flipped, but at least I was another Brit. By the way, did I want to buy his spares? His wife and daughters hated Las Vegas and had gone home. He'd be following soon. The Daimler drives like a two-year-old car and I can't help wondering how many XJ6s would still be on U.S. roads if they'd been available with 4-speeds. ♦ 56 #118-1973 CITROËN DS21 Prestige 4-dr sedan. S/N 4660218. Black/black leather. Odo: 28,592 km. Factory-standard panel fit. Paint is shiny but a bit thick, with orange peel and polish scratches throughout. Chrome good to fair. Interior shows some wear to seats, extensive panel fit, as per factory. Very good paint shows a few areas of staining or discoloration, as if from an older drip. Very good chrome. Interior is clean, with nicely worn seats in a wonderful baseball glove color. Well preserved carpets, period Continental Edison 3-band radio. One of only eight built. Cond: 2-. SOLD AT $250,905. A quite handsome and rare 4-door SM. It was incredibly neat, but this was certainly the most anyone has ever paid for an SM. Too much? I don't think so. GERMAN #111-1934 MERCEDES-BENZ 290 rear compartment wood cabinetry unevenly finished and a bit dry. Fitted with divider window, telephone, and TV. Cond: 4+. SOLD AT $86,043. A super-luxe DS a la mode Anglais. Modified by Chapron bodyworks for a noted French radio announcer in the manner of an English limousine. The concept was neat, but the execution and current condition were less so. Well sold. TOP 10 No. 9 #123-1973 CITROËN DS23 ie cabriolet. S/N 00FG6076. Light green/black vinyl/ dark blue leather. Odo: 70,175 km. Very good panel fit, good paint shows a few minor prep issues. Bright trim spotless, interior excellent. Cond: 1-. SOLD AT $435,375. The rarest of the Citroën convertibles and the ultimate DS spec. Restored from 1969 to 1970. Cond: 4-. SOLD AT $243,810. Ex-Jean-Michel Cérède, since 1955. The “Cabriolet A” variants, which lack rear quarter windows, are the most attractive of the non-roadster convertible Mercedes models. This is the “junior Walkure” 290 6-cylinder rather than the “Brunnhilde” 500 or 540, but it actually has a certain grace the larger car lacks. Rare, yes, but still a rather rich price for a notvery-sought-after car in need of refurbishment. This one had very attractive and unusual colors and was very well presented throughout. A record price for a Citroën, eclipsing the $231k Christie's achieved in 2007 for another fuel-injected drop top DS (SCM #44231). At the time I thought that price was amazing, and this one was even more so. #122-1974 CITROËN SM Opera 4-dr sedan. S/N 00SC0950. Metallic Sand & brown/brown leather. Odo: 4,603 km. Variable ITALIAN #106-1955 LANCIA AURELIA B20 4th Series coupe. S/N B20S1134. Black/brown leather. Odo: 43,230 km. Very good panel fit, except trunk lid slightly off at left bottom corner. Older paint with polish scratches and many subsurface issues, including bubbling at door bottoms and sills. Bright trim fair to good, interior has nicely broken-in seats as well as evidence of leaks around rear window. Wood wheel, strange huge shift knob. Cond: 4+. SOLD AT $89,010. The Turin show car, sold Sports Car Market cabriolet A. S/N 212563. Black & red/black canvas/tan leather. Odo: 61,480 km. Coachwork by Sindelfingen. Hood fit very good, both doors out at forward edges. Older paint shows areas of stress cracking, rubs, and chips. Fair chrome. Interior has good seats, worn carpeting, and much chrome loss on steering wheel.

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Bonhams Paris, FRA patina to seats. Refinished wood on steering wheel a bit shiny. Period Blaupunkt radio fitted. Cond: 3. SOLD AT $406,995. A wonderfully “settled in” Spider America. Once really hard to find, they've been turning up at auction with remarkable regularity of late. Internationally priced, as are 300SLs. This is the current rate for a driver-quality car. to the U.S, later returned to Europe. The 4th series B20 is regarded by many to be the ideal balance between the early lightness and later power, and their values continue to rise. This car was tired, but honest. What you see is what you get. TOP 10 No. 8 #116-1955 OSCA MT4 roadster. S/N 1154. Eng. # 1409. Red/red leather. Very good panel fit, smooth paint shows a few prep flaws and small touched-in chips. Spartan interior is good, new steering wheel fitted. Current body built in the '90s. Cond: 2-. SOLD AT $477,945. The MT4 is perhaps OSCA's best known model. shows pitting on instrument trim rings, faded gauges, and scratched radio blanking plate. Wood rimmed wheel. Cond: 2-. SOLD AT $200,273. While not as coveted as the earlier, more Spartan “Spider America,” the B24 convertible is a much more desirable vintage rally and tour car. Values remain strong, and this was a good example that came off as quite elegant in silver and red. With a little work it could be even nicer. Market right. Every OSCA tells a story, sometimes good, sometimes not. This one had not-uncommon engine swaps and a remanufactured body, but the visible parts of the frame seemed to be the real thing, and the car was very nicely presented. It's a serious business at almost half a million, and you have to do your homework and be satisfied with the answers. TOP 10 No. 10 #176-1955 LANCIA AURELIA B24 Spider America. S/N B24S1148. Eng. # B241204. Cream/black canvas/black leather. Odo: 46,623 miles. Very good panel fit, aside from left door slightly in due to flat rubber. Good paint shows some small chips, rubs, and scratches. Very good chrome, faded grille badge. Interior is clean, with wonderful and glue marks from removal of monogram on dashboard. Replaced engine block. Cond: 3+. SOLD AT $53,406. A nicely restored 1300 SS looking handsome in black. Clearly used, it was no longer sharp but still presented well. Everyone thought these cars would hit $100k someday—we're all still waiting for the great one to come along. This wasn't it... in fact, this has to be counted as a bit well sold. #153-1960 ALFA ROMEO GIULIETTA Sprint Speciale coupe. S/N AR10120000366. Eng. # 0012000775. Black/gray cloth & red vinyl. Odo: 83,193 km. Very good panel fit, left door slightly out at rear bottom. Shiny paint a bit thick and shows some polish scratches. Interior has some soiling, torn mounting points on rubber floor mats, some loose door rubber, #144-1958 LANCIA AURELIA B24 convertible. S/N B24S1657. Eng. # B241789. Silver/black canvas/red leather. Odo: 94,116 miles. Very good panel fit, except right door slightly in due to tired rubber. Excellent paint shows a few small scratches, very good chrome except for loss on right vent window latch. Faded original grille badge. Good interior AMERICAN #107-1955 FORD THUNDERBIRD con- vertible. S/N P5FH162903. Eng. # 9425B. Golden Glow Yellow/Golden Glow Yellow hard top/cream leather. Odo: 24,062 km. 292ci V8, 4-bbl, 3-sp. Variable panel fit, left door very tough to close, right door misaligned. Good paint shows a few minor prep issues. Nice chrome and trim, baggy seat cushion shows some wear, steering wheel and dashboard very good aside from staining on glovebox door. Hard top only. 12-volt conversion, fitted with power windows. Cond: 3-. SOLD AT $53,406. Stated to have been restored between '05 and '06, this car now appeared rather casually prepared, and it was certainly not to acceptable U.S. standards. The '55 T-Bird is Mille Miglia eligible, and can be an unusual and cost-effective way in. That was not the case for this one, which was quite well sold on either continent. #101-1970 BARRIS ELECTRIC Elton John Super Star Kart. Silver & gold/white & black vinyl. Paint and soft bits (bow tie) show evidence of long storage. Shag carpeting a bit droopy and quite filthy. Keyboard motif seat cushion and piano lid backrest intact but soiled. Star-shaped “eyeglass windshield” intact, if an NHTSA pedestrian-offensive nightmare. Cond: 5. SOLD AT $4,451. A creation of famed customizer George Barris for Elton John in his glitter rock heyday. Frightening on so many levels, but a historic document nonetheless. The new owner was opposite me on the aisle and kept his head down while bidding. Can't blame him. With a restoration and John and Barris autographs, it might be worth up to $4,500. ♦ 58 Sports Car Market

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Mecum Auctions Kissimmee, FL Kissimmee High Performance Auction Overall, cars that found new owners did so at a fair exchange, provided you studied your 2009 price guide—not last year's copy Company Mecum Auctions Date January 22–24, 2009 Location Kissimmee, Florida Auctioneers Mike Hagerman, Mark Delzell, Bobby Delzell Automotive lots sold / offered 437/753 Sales rate 58% Sales total $16,419,172 High sale 1963 Chevrolet Corvette Z06, sold at $1,113,000 Buyer's premium 1963 Z06 Corvette, high sale at $1.1m Report and photos by Dale Novak Market opinions in italics Osceola Heritage Park for Mecum's late January sale, I passed building after closed building on the streets of Kissimmee, as well as numerous “going out of business” signs. It was clear the same economic issues being felt throughout the nation had found their way here, and just what that meant for the sale remained to be seen. The crowds were fairly light and the sale a bit slow K on Thursday, but the event changed pace later on, building up to a brisk pace on both Friday and Saturday. The “Chamber of Commerce” Florida weather certainly helped Dana Mecum to set a sunny mood, but even though energy was upbeat throughout the weekend, it seemed that most bidders were generally more cautious with their money than they had been in years past. Nevertheless, the top sale of the event was the heavily advertised 1963 Gulf One Z06 racer, which sold over the phone at $1,113,000. Dr. Dick Thompson, also known as “The Flying Dentist,” was at the sale and presented the car as it crossed the auction block, noting that if it had looked this good when he had raced it, he might have been able to go just a bit faster. A 1969 Corvette COPO L88 convertible racer, complete with its vintage racing certificates and log books, also brought big money at $323,300. 60 issimmee is a very active tourist destination that draws on millions of people flocking to Walt Disney World, but as I traveled to $300 up to $5,499, $500 from $5,500 to $9,999, 6% thereafter, included in sold prices Other notables included a 1962 Mercedes-Benz 300SL roadster, which changed hands at $556,500, and a stunning, all-original, unrestored 1957 Chevrolet Corvette fuelie sold for an impressive $265,000. A 1969 Dodge Daytona brought $206,700, and a 1964 Ford Galaxie Lightweight changed ownership at $217,300. The event progressed without a hitch, and the Mecum team was efficient at moving things along. Cars that found new owners did so at a fair exchange, provided you had studied your latest price guides, not last year's copies. As always, some bargains emerged, such as a #2 condition 1970 Chevelle LS6, which sold for #3 money at $65,720, and a rare 1964 Ford Fairlane Thunderbolt with racing heritage that changed title at $206,700. Those who continue to bring cars to auction and somehow expect that Rip Van Winkle just woke up and will buy your car at 2007 levels may just as well make sure their tow vehicles are fully fueled for the trip home. Despite a gloomy economy, auction atten- dance was reportedly up 51% over 2008, and Mecum reported a 58% overall sold rate this year, with 437 of 753 cars finding new homes for a final total of $16,419,172—up from last year's $15,090,107. Even though buyers are being much more cautious about what they're buying, it's clear that good cars are still bringing good prices. ♦ Sales Totals $5m $10m $15m $20m $25m 2009 2008 2007 2006 2005 Sports Car Market

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Mecum Auctions Kissimmee, FL ENGLISH #F27-1949 MORRIS MINOR 2-dr sedan. S/N SMM10249. Gray/light blue vinyl. Odo: 61,689 miles. A total beater. Rather than comment on all the items that are deteriorating, rotting, rusting or simply falling apart, I will state that it is complete and has four tires... at least for now. Cond: 5-. SOLD AT $1,500. Last seen at RM's sale of the Fawcett Collection AMERICAN #T180-1936 PACKARD 120 convertible. S/N 9926401. Maroon/tan cloth/saddle leather. Odo: 3,402 miles. Driver's door out at bottom, hood pinched at cowl. Numerous paint chips and touch-ups, some areas of discoloration also visible. Spare tire carrier heavily spidercracked. Well weathered chrome and trim, decent wheels and tires. Previously enjoyed in September '07, where it sold at $1,707 (SCM# 46935). Fright pig? I guess it depends on what you consider a bargain. The fellow who purchased this major mess of a Minor has his work cut out for him. It nearly looked as if it had been submerged in salt water, then left to rot in someone's back yard. Other than that, it was complete, with all the fused-together parts entirely intact. Snorkel and air tank not included. GERMAN TOP 10 No. 6 #S158-1962 MERCEDES-BENZ 300SL roadster. S/N 19804210003045. Beige/tan cloth & hard/red leather. Odo: 60,684 miles. Excellent gaps, good body prep, very nice paint with some minor masking issues noted. Gray hard top has small dent on passenger's side. Good chrome and trim showing light scratches throughout. Well worn interior, driver's seat peeling and cracking. Original and rare competition seat belts fitted. interior is well worn and looks both authentic and original. Gauge cluster excellent. Cond: 4-. SOLD AT $45,845. Although complete, this was a well weathered Packard. This was a bit of a fish out of water at this predominantly muscle and Corvette sale, although the end result was quite strong. I can only imagine that a very determined buyer is about to undertake a full restoration, or that she was bought to continue to drive and enjoy. At least it's a convertible. Well sold based on condition. #F85-1947 FORD COUPE DeLuxe coupe. S/N 799A624047. Black/red vinyl. Odo: 2,619 miles. Passenger's door out at bottom, driver's door out at rear edge. Very nice completely unforgiving black paint just a notch below show. Wonderful grille chrome, front bumper lightly scratched, rear bumper very nice. Engine bay presents well as a notch above driver quality. white leather. Odo: 52,453 miles. Passenger's door out at bottom, trunk out at bottom, some putty evident at driver's door bottom. Older paint looks like it could use a wet sanding and buffing, good chrome in driver condition. Very nice wire chrome wheels in excellent shape. Excellent and well presented interior. Said to be one of only one. Cond: 3. SOLD AT $97,520. Reportedly the only Skylark hard top ever produced. Last seen at RM's Monterey sale in August '02, where it sold at $83,600 (SCM# 28838). Even though it's a hard top, its rarity pulls in convertible money. A fair deal for both buyer and seller. #S138-1957 CHEVROLET CORVETTE convertible. S/N E57S106050. Silver/red vinyl. Odo: 18,660 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Original and numbers-matching. Both doors out at bottom, typical body issues throughout. Totally unrestored, but some minor paintwork noted. Paint rather dull but in exceptional condition, given the age and originality. Hard top plexiglas with a few cracks, interior looks very good and is extraordinarily well preserved with Nice patina to steering wheel. Cond: 3-. SOLD AT $556,500. Last seen at Mecum's St. Charles sale in October '08, where it failed to sell at $575,000 (SCM# 117977), and it had only covered one mile since then. Very rare fitted luggage and the competition racing seat belts help to set this very nice and very original 300SL apart. Although I think this may have done a tad better at a more suitable venue (this is primarily a muscle car auction, after all), this was a fair deal for both buyer and seller. 62 Very nice interior with only a few minor issues to pick on. A great local show or club car. Cond: 3+. SOLD AT $22,260. I guess I must be getting more nostalgic, as I continue to find these old coupes more and more desirable. Something about these types of cars reminds me of a simpler time in our country, and that's a welcome relief, given the current state of affairs. I'd call this a fair deal for both parties, but it would be a hard car to replicate for the money paid. #F253-1953 BUICK SKYLARK 2-dr hard top. S/N 16823408. Two tone blue/blue & only light fading. Factory stickers still holding on for dear life under-hood. A marvelous example. Cond: 3-. SOLD AT $265,000. You simply can't put a number on this type of historical preservation. Brought to the auction by the original owner, this car had been extremely well cared for since 1957. It was simply superb in every sense of the word. This was the Corvette to buy, and it cost the new owner $265,000 for the bragging rights. Finding another like it just might be impossible, so even at this price, I'd call it well bought. #S176-1962 PLYMOUTH SAVOY Max Wedge 2-dr hard top. S/N 3121177342. Black/ gray vinyl. Odo: 4,335 miles. 413-ci V8, 2x4bbl, 4-sp. Older restoration. Gaps varied, with passenger's door wide at front, driver's door in at fender, and trunk high at rear deck. Chrome and trim presentable but showing some light Sports Car Market

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Mecum Auctions Kissimmee, FL rust and pitting. Poverty caps on well nicked and worn steel wheels. Engine bay clean and tidy with some black overspray noted. Interior presents well but the door panels are slightly wavy. Reported to be #17 of 23 accounted for. Govier documents. Cond: 3. SOLD AT $121,900. Seen in October '06 at Mecum's St. Charles sale, where it didn't sell at $170,000 (SCM# 43085). Seen again at Mecum's St. Charles sale in October '07, where it failed to sell at $115,000 (SCM# 47062). An unsuspecting body style was a Chrysler trademark, and these “no frills” Plymouths would make a guy in a hopped-up Chevy cry when the light turned green. The seller obviously took note of the past no-sales and deposited the cash when the opportunity presented itself again. The market has spoken. TOP 10 No. 5 #S110-1963 CHEVROLET CORVETTE Z06 Yenko Gulf One coupe. S/N 30837S102227. White & blue/black vinyl. Odo: 4,173 miles. 327-ci 360hp fuel-injected V8, 4-sp. One of 14 factory Z06 performance cars built specifically for competition. Outstanding gaps, better-than-factory build, very nice paint showing only minor polishing marks and light scratches. Paint is just right Very nice paint shows only light scratches and polishing marks, chrome and trim also showing light wear. Highly detailed engine bay is showready, fresh interior is nicely restored and very tight. One of only 25 4-speed cars built, and this was the prototype. Cond: 2+. SOLD AT $217,300. This was claimed to be the prototype of the lightweights, which saw the addition of fiberglass hoods and the deletion of heaters, radios, and other horsepower-robbing items. This car was raced by Bud Schlenburg and won the U.S. World Nationals in 1964, and with that racing heritage, its rarity, and a superb restoration, I'd call it well bought at this price. See profile, p. 44. #S134-1964 FORD FAIRLANE Thunderbolt 2-dr sedan. S/N 4F41K167201. Ivory/putty vinyl. Odo: 6,962 miles. 427-ci V8, 2x4-bbl, 4-sp. Gaps skewed in most regards. Driver level paint with numerous touch-ups, chrome and other brightwork weathered but not abused. Interior in rather nice shape but boosted the ponies from 110 to 150. Contrary to popular opinions, Ralph Nader didn't kill the Corvair—it was the new Camaro, as it was a better platform to take on the Mustang. This car garnered a lot of attention under the tents, and I noted more than a few guys commenting how they used to own one back in the day. These have traded hands in this range for quite some time, and in this case, I'd call it well sold, based on the presentation. #S139-1965 PONTIAC GTO 2-dr hard top. S/N 237375P253130. Ivory/black vinyl. Odo: 28,204 miles. 389-ci V8, 3x2-bbl, 4-sp. Gaps most likely per factory, but not perfect. Nice, likely older repaint shows a few issues. Body slightly wavy, but not very noticeable. Replated chrome a tad wavy. Very clean and and not too glossy, limited chrome excellent. Period race tires. Interior restoration very nicely done but not over the top. The exhaust note is simply superb. Cond: 2+. SOLD AT $1,113,000. This is the actual Z06 racer driven by Dr. Dick Thompson, aka the Flying Dentist. Dr. Thompson presented the car while it was up on the block, and he stated that it was “in much better condition than when I drove it, and had it looked like it does today, I would have been able to drive it even faster.” A pure piece of history. Expensive? I don't think so for such a historical piece. I'd call this well bought. #S130-1964 FORD GALAXIE Lightweight 2-dr hard top. S/N 4A66R145479. Ivory/red vinyl. Odo: 164 miles. 427-ci V8, 2x4-bbl, 4-sp. Excellent gaps with no issues noted. 64 probably had very little use other than trackside. Restored in 1990. Interesting clips hold back window in check so it doesn't blow out at speed. Cond: 3+. SOLD AT $206,700. Thunderbolts were lightweight factory-built race cars ready for the track right off the showroom floor. A super car with documented race history, and I'd call it a bargain, as others have fetched prices north of $300,000. Well bought. See profile, p. 44. #T128-1964 CHEVROLET CORVAIR convertible. S/N 40667W162745. Maroon/red vinyl. Odo: 53,420 miles. Driver's door tight at rear edge, trunk wide on passenger's side, hood fit slightly skewed. Slightly wavy body, driver-level paint with some masking issues noted. Well weathered chrome and brightwork. Good interior with newer seats and carpet, steering wheel faded and cracked. A fine driver. Cond: 4+. SOLD AT $12,985. This was the more sought after turbocharged Spyder, which Sports Car Market fresh-appearing engine bay. Excellent interior shows only very minor signs of use. A 2003 AACA Senior winner. Cond: 2-. SOLD AT $53,000. This was a very honest looking car, and although the body had some minor rippling, it wasn't a distraction, and the light body color did well to hide those imperfections. The AACA credentials helped out this final result. Ever so slightly well sold, but very close to market correct, so no harm done. #S60.1-1967 CHEVROLET CAMARO RS/SS convertible. S/N 124677N159122. Red & black/red vinyl/red vinyl. Odo: 65,680 miles. 350-ci V8, 4-bbl, 4-sp. Trunk gap wide on passenger's side, passenger's door wide at fender. Paint appears fresh and well applied, with some minor issues noted. Body straight and appears

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Mecum Auctions Kissimmee, FL well sorted. Engine bay well done but not in show condition, front bumper skewed to the passenger's side and nearly touching the body. Interior mostly new and looks excellent. Cond: 2-. SOLD AT $49,820. This was claimed to be numbers-matching, and I assume that the build was true as a triple red factory car. The wheels and tires looked out of place and rather odd as they stuck out from the body, but even so, this was still a very nice presentation of an original RS/SS, and it was immediately obvious that the restoration was fresh. A market-correct result. #T177-1968 SHELBY GT350 fastback. S/N 8T02J18030202863. Black & white/black vinyl. Odo: 83,100 miles. 302-ci V8, 4-bbl, auto. Trunk fit tight on passenger's side, passenger's door in at fender, hood slightly skewed. Black paint shows sanding marks and some small bubbles. Drip channels rough. Driver level chrome and brightwork, well sorted interior looks to have been very well cared for. Signed by Carroll Shelby on glove box door. of one built, tank sticker confirms central office order. Cond: 3-. SOLD AT $323,300. Numerous vintage racing certificates and log books came with this former national Corvette museum display car. There was no mention of the engine being original, so one can assume that it was lost in the line of duty long ago. This race-ready Corvette just oozed cool, and the race history was full and documented. It was fully sorted and ready to roll, complete with road rash, so the buyer can enjoy a few more vintage events with no worries. The market has spoken at $323,300. #S106-1969 MERCURY CYCLONE fastback. S/N 9H15R607753. White & red/red vinyl. Odo: 540 miles. 428-ci V8, 4-bbl, auto. Driver's door out at bottom, trunk high at rear, passenger's door skewed. Nice older paint with some touch-ups and bubbles noted at bottom of passenger's door. Very nice interior, dashpad wrinkled. Chrome and trim show light cosmetic needs noted. Interior just a notch from number one condition. Cond: 2-. SOLD AT $206,700. Claimed to have matching numbers. The winged Mopars have a long track record for holding value in most economic environments. In other words, you don't see a lot of fire sales on original Daytonas, so finding a bargain without a bunch of needs is not all that easy. This was a nice example, and I'd call the price market correct for condition. #S144-1970 CHEVROLET CHEVELLE SS 454 LS6 2-dr hard top. S/N 136370A168118. Gold & black/black vinyl/saddle vinyl. Odo: 99 miles. 454-ci V8, 4-bbl, auto. Excellent gaps with no deficiencies noted. Show quality paint over straight and excellent prep. Chrome and trim superb, but both show light scratches and polishing marks. Detailed interior with very little to fault, well presented engine bay. Claiming 99 miles since restored and looks Driver seat material loose and detracts from the otherwise nice interior. Cond: 3-. SOLD AT $72,080. There was no mention of this Shelby being in the Registry, and there was no mention whether this was the original color configuration or the original drivetrain. That said, this was a decent Shelby for your Saturday night cruise-in. No matter how you slice it, it beats a show-quality clone any day in my book. Has Carroll Shelby signed all the cars? I think at this point, I'd rather see one without the signature. If all is well and checks out, I'd call this a fair deal for both parties. #S142-1969 CHEVROLET CORVETTE COPO L88 convertible. S/N 194679S721688. Yellow & black/black vinyl. Odo: 126 miles. 427-ci 430-hp V8, 4-bbl, 4-sp. Genuine documented COPO L88. Passenger's door gaps wide, door sits out at bottom. Paint shows plenty of road rash, touch-ups, and other highspeed anomalies. Some stress cracks noted, but not bad considering a history of racing. Interior aged, engine bay prepared for racing, so don't expect a factory look. Roll cage installed. One scratches and polishing marks. Cond: 2-. SOLD AT $43,460. This Cyclone was born with the brutal 428CJ engine, drag pack and a Ram Air hood, and it was reported to be the only one ever painted white. The bubbles forming in the lower door were small and clustered, which suggests virgin rust rather than a repaired door. Only 260 of these were built as optioned, but I'm sure a 4-speed would have helped out as an automatic on the column is never all that desirable. Well sold. #S154-1969 DODGE DAYTONA 2-dr hard top. S/N XX29L9113390024. Orange & white/ black vinyl. Odo: 20,323 miles. 440-ci V8, 4bbl, 4-sp. Driver's door fit skewed, trunk gap tight on passenger's side. Other gaps look very good. Nice paint showing only light polishing marks and some micro-scratches. Heavily applied windshield sealant looks sloppy. Chrome and brightwork very nice but not show-ready. Clean and detailed engine bay with only minor the part. No mention of matching numbers, but build sheet is included. Cond: 2+. SOLD AT $65,720. Chevelle values have dropped steadily for a while now, and the LS6 is the big boy on the block. In the heyday, these could command six figures for an example like this. Today that number is less easily obtained, although this one deserved much more. Maybe it was the color combination that held bidders at bay, plus no 4-speed to crunch the gears. Regardless, the buyer acquired a #2 car for #3 money. Very well bought. #S178-1970 OLDSMOBILE 442 W30 con- vertible. S/N 344670M172639. Black & gold/ white vinyl/white vinyl. Odo: 88,213 miles. 455-ci V8, 4-bbl, auto. Gaps mostly per factory, trunk out at rear deck. Older paint showing age, polishing marks, and light scratches. Front and rear bumpers good but not in show condition, interior in good shape overall but showing age and some small repairs. Apparently an older restoration that's holding up quite well. From the Otis Chandler Collection. Cond: 3. SOLD AT $98,580. The 8-track player was still fitted 66 Sports Car Market

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Mecum Auctions Kissimmee, FL in this very nice 442. W30s are noted by the unique red plastic front inner fenders. They stand out and are easily visible behind the front wheels. Only 264 W30 convertibles were produced in the 1970s, and of them, only 168 were automatics. I've noticed an uptick on these of late, and as such, this was strong money for the condition noted. Well sold. #S125-1970 FORD MUSTANG Boss 302 fastback. S/N 0T02G163144. White & black/black vinyl. Odo: 39,680 miles. 302-ci V8, 4-bbl, 4-sp. Gaps per factory, driver's door out slightly along rear edge. Decent paint over average prep, with some masking issues and a few small drips. Rear blackout panel has overspray into taillights. Interior somewhat weathered, clutch pedal missing rubber pad. Engine bay well sorted and presents well. Could go up a grade with some minor fixes. Cond: 3+. SOLD AT $58,300. The Boss 302 Machine without a whole lot of life left in her. You could restore it, as these are somewhat of a novelty and you rarely see them, but you'd be swimming soon after that expense. Well sold considering the needs noted. #T131-1970 FORD TORINO GT NASCAR Pace Car fastback. S/N 0H35J114918. Light blue/blue vinyl. Odo: 49,366 miles. 429-ci V8, 4-bbl, auto. Very nice panel fit with no issues noted. Reported to be all original, some evidence of past paintwork noted. Heavily pitted and corroded brightwork, bubbles forming in lower doors and rear quarters, musty smell to interior indicates moisture and perhaps some and sellers. They are lots of fun to drive, and they garner plenty of attention as well. Market correct at this time. #S166-1986 CHEVROLET CORVETTE Indy Pace Car convertible. S/N 1G1YY6783G5900200. Maroon/tan vinyl/ saddle leather. Odo: 4,699 miles. 350-ci 235-hp fuel-injected V8, auto. Claimed original miles. All gaps per factory fit. Factory paint excellent with no specific or nagging issues noted. Top fit very snug, interior excellent and still smells new. One of 7,315 convertibles built in 1986, marking the return of the convertible since its hiatus in 1975. Pace Car decals still in the market has fluctuated lately and sales have been hard to peg. This example had a few needs that wouldn't require a lot of heavy lifting. The white color, although not the most sizzling choice, was quite common for the Boss models. This is about spot-on in the current market, and both the buyer and seller should go away happy. #F90-1970 AMC REBEL Machine 2-dr hard top. S/N A0M190Y274264. Red & black/black vinyl. Odo: 30,231 miles. 360-ci V8, 4-bbl, 4-sp. Trunk pinched at rear, passenger door out at bottom, other gaps good. Some black overspray embedded into hood paint, other masking issues noted. Wavy body, paint lacks luster. Some new components to interior include new seats with plastic wrap covers. Dash well weathered, door panels in poor condition. Low driver level chrome. Cond: 4. mold. Dash cracked and driver's seat has a couple of splits. Plenty of documentation included. Cond: 4-. SOLD AT $37,100. This is one of the actual twelve Torino GTs ordered by NASCAR and delivered directly to Daytona. All twelve cars were track-prepared by the famous Holman & Moody team and equipped with the CJ powerplant. Original and never restored, but rough. I was there when it was first fired up, and it did a swell job of fumigating the tent area. It was a great car to go after as long as you have deep enough pockets to restore it properly. Very well bought. #F149.1-1970 FORD MUSTANG Mach 1 fastback. S/N 0F05M18424. Orange & black/ black vinyl. Odo: 4,093 miles. 351-ci V8, 4-bbl, auto. Passenger's door fit off at quarter panel, other gaps good and per factory specs. Very nice paint only showing micro-swirls over an ever-so-slightly rippled body. Some small touch-ups noted. Brightwork is in above-average condition but shows some flaws in various original box. Multiple NCRS awards, including Top Flight. Cond: 2+. SOLD AT $21,200. This was a great example of how to preserve a C4. Keep up on the routine maintenance, keep it clean and very dry, and drive it enough to keep the seals and hoses from drying out. 1986 was the second opportunity for Corvette to provide the Official Pace Car for the Indianapolis 500, where the car was driven by Chuck Yeager. Chevrolet did not make any modifications to the car for this task, so all convertibles are Pace Car replicas. Based on condition and miles noted, I have to call this very well bought. #F56-2008 DODGE CHALLENGER SRT8 coupe. S/N 2B3LJ74W48H302319. Orange & black/black leather. Odo: 298 miles. 6.1-liter fuel-injected V8, auto. Well detailed and clean, as new and without any faults. Good colors and ready for a new owner. Cond: 2+. SOLD AT $37,630. Dealer cost on this as-new example was about $35,000, and the MSRP SOLD AT $13,250. The car card claimed only 2,000 Rebel Machines were ever produced, but my books say 2,326 were built in 1970. The standard engine in the Machine was AMC's 340-hp 390-ci V8, so the 360 doesn't build confidence. I would look at this car as a well-used 68 areas. Aftermarket a/c added. Very good to excellent engine bay is well detailed and tidy. Cond: 3+. SOLD AT $31,800. The aftermarket a/c looked like it might make for an uncomfortable ride for the passenger, as it took up much of the footwell and hung low under the dash. These are plentiful but also very popular, and they seem to have a steady supply of buyers was around $38,000. The car card claimed this was an excellent investment, and considering the teetering financial condition of Chrysler and the fact that the feds may force the company to build only fuel sippers, he may just be right—these may go down as some of the last factory-built muscle cars. No harm done, but given the economy, you may have been able to buy a new one off a dealer's lot for less. ♦ Sports Car Market

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Artcurial Paris, FRA Classic and Racing Cars The sale featured a “still-very-French” ambiance, with consignors free to jump on stage and refuse their car to be sold so cheaply Company Artcurial Date February 8, 2009 Location Paris, France Auctioneer Hervé Poulain Automotive lots sold / offered 20/57 Sales rate 35% Sales total $3,695,760 High sale 1969 Matra MS650, sold at $1,922,933 Buyer's premium Matra MS650 sold for $1.9m Report and photos by Jérôme Hardy Market opinions in italics morning of this year's Artcurial sale held alongside Rétromobile. For one thing, company's last auction, held in November '08, was successful, despite not being supported by any classic car event or any advertising, and it had no star car and no catalog. There, 33 out of the 47 cars offered sold for a total of $1.3m, although none reached $100,000. Also, Bonhams's Rétromobile sale the prior evening had totaled $14.5m, proving that wealthy international buyers were still investing in classic cars. Artcurial's Paris offering was good quality, with the T 57 automobiles on offer appealing to a variety of tastes and budgets. However, the market is volatile at present, and Artcurial fell victim to an unpredictable outcome on Sunday evening. Only 20 cars sold for a total of $3.7m, and if you take the high-selling Matra MS650 out of the chart, the other 19 cars brought only $1.8m. The total mid-estimate of the 57 automobiles was $15m, with an average of $280,000 for each lot, in alignment with the Rétromobile crowd. The cars on offer ranged from a 1925 Excelsior torpedo, which sold for $146,001, to a 2004 Ferrari Enzo, which was not sold at $800,000. A track-ready 1965 Ford Lotus Cortina sold for $61,474, while a concours-ready 1949 Alfa Romeo 6C 2500 was not sold at $260,000. 70 here were a number of reasons why auctioneer Hervé Poulain and Head of Department François Melcion could have been confident on the Paris, FRA Of the cars on offer, the two best publicized were the 1969 Matra 650 Le Mans racer and the 1969 Ferrari one-off 365 GTB/4 Daytona. The Matra, which was a bit scruffy overall but had been shown to be track- ready in a video posted on Artcurial's web site, brought $1,922,933, while the Ferrari, a 1969 Paris Motor Show car, was not sold at $1,690,000. Other notable sales included a rally-prepped 1973 Porsche 2.7 RS that brought $172,461, as well as the “Weekend to Deauville” classy 1964 Aston Martin DB5, which sold for $262,007. A 1956 Rolls-Royce Silver Cloud I sold for $29,200, while a 1974 Porsche RSR failed to sell at $442,000. Much analysis has been (and will be) devoted to why the sale failed to bring bigger numbers. Easy criticism could apply to the less-than-stunning showroom, hidden on the first floor of the Palais des Congrés with very few signs and decorations, or the “stillvery-French” rather than international block ambiance, where consignors are free to jump on stage, all the while screaming that they refuse their car to be sold so cheaply—a clear misunderstanding of the engagement rules. Finally, when most key players now bring in cars under their own power to a stage with live images and sound to add to the drama, Artcurial uses only static pictures on the screen. The current market is challenging, with new Sales Totals rules being established seemingly by the week. In the meantime, I suggest the only immediate solution may be perfection according to the old rules. It comes down to hard work, imagination, financial investment, and commitment—and still nothing is guaranteed. ♦ $1m $2m $3m $4m $5m $6m 0 Sports Car Market 2009 2008 2007 2006 2005 16% up to $129,000, 10% thereafter, included in sold prices ($1.29=€1.00)

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Artcurial Paris, FRA ENGLISH #22-1936 AC 16/80 Competition roadster. S/N 1362. Red/beige cloth/tan leather. RHD. Odo: 22,180 miles. Raced from new in the U.K. U.S.-origin frame-off restoration to the highest level about 15 years ago. First place at Meadow Brook, second in its class at Pebble Beach. Still simply perfect, but of course no amateur who passed away in October 2008, although it was not mentioned in the catalog. I would strongly recommend a test drive and a thorough mechanical inspection before buying such a car. Risky without, but if no problems are found, this was a decent buy. #34-1964 ASTON MARTIN DB5 coupe. patina. Looks like an Alfa Romeo in its red livery, but the agricultural engine will quickly remind you it's not Italian. Cond: 1. SOLD AT $199,902. Sold at the low estimate. As with lot #20, this was an exceptional restoration, but as this was a bit more simple, it likely cost less to restore, and the seller was able recoup more of his investment. A fair deal for both parties. #18-1950 JAGUAR Mk V 3.5 cabriolet. S/N 647199. Black/beige cloth/red leather. Odo: 60,035 km. Sold new in France, with last owner since 1965. An unrestored car that was never a trailer queen. 60 years of use shown by unvarnished wood, flat carpets, worn leather, and dry rubber. Very radio and power windows, driver-quality engine bay, undercarriage clean. Last oil change at 17,568 kilometers in 2006. Cond: 2-. SOLD AT $262,007. Sold at mid-estimate. A satisfying DB5 5-speed that was cosmetically good and apparently in mechanical order. There have been significant increases on these cars over the past few years. Are Astons on the way to surpassing equivalent Ferraris? #63-1965 FORD LOTUS CORTINA little rust, good glass, brand new soft top. Fully original with a clear history. Cond: 4+. SOLD AT $64,548. The perfect winter project for a handy owner. A few dollars and many hours cleaning and polishing would bring this car's condition to a solid number 3, and it would be very presentable for touring. Excellent cars go for $150,000 (SCM# 118283), so this was a wise buy for the right man. #14-1956 ROLLS-ROYCE SILVER CLOUD Standard Steel saloon. S/N SZB171. Black & gray/gray leather. RHD. Odo: 44,575 miles. Imposing two-tone factory-bodied Roller with decent exterior restoration and marvelous all new interior with excellent wood. Best used as a display car, since the condition of what's not visible hints at a lot of deferred maintenance. Fitted with sliding roof panel. Cond: 3+. SOLD AT $29,200. Sold at mid-estimate. The rear number plate showed this car to have belonged to jazz player Ken Bladin, a known R-R 72 Mk I coupe. S/N BA74FS59260. White & green/black cloth. Recent complete rotisserie restoration to high standards. Paint flawless, mag wheels perfect. Interior with 4-point roll cage and all racing equipment. Dash includes SOLD AT $215,000. Pennock bodies do not have the grace of a Letourneur et Marchand or the presence of a Chapron, and that was especially evident in this color. This car was offered by Bonhams in Monaco in May '08, and it was a no-sale at this same bid level, which was arguably far below restoration costs. Very well bought on that criteria, although I would not have chosen this Pennock base for such a perfect project. TOP 10 No. 3 everything but an odometer. Engine bay spotless with 150 hp on tap. Ready for rallying or track use. Cond: 1-. SOLD AT $61,474. Sold over the $52k high estimate, and deservedly so. Artcurial sold a similar example in June '08 for the same money, so I'll call this market correct. #59-1969 JAGUAR XKE SII coupe. S/N 1R26138FHC. British Racing Green/tan Sports Car Market #39-1969 MATRA MS650 Prototype racer. S/N 65001. French Racing Blue/black vinyl. RHD. The star of the sale. Winner of the 1969 Paris 1,000 Km S/N DB51390R. Dubonnet Rosso/black leather. RHD. Odo: 18,047 miles. An original automobile with a recent good quality repaint and new chrome. Glass good, windshield rubber hard. Interior shows adequate patina but will benefit from some leather cream. Original leather. Odo: 1,173 miles. A U.S.-delivered car. High standard nut-and-bolt rotisserie restoration just completed, unused since. Better than new, with show-quality paint, gorgeous interior, and polished engine bay. Undercarriage mint. French classic car plates. Aside from open SII headlights, U.S. signal repeater, and a detuned U.S.-spec engine, a perfectly good looking Etype coupe in a gorgeous color combination. Cond: 1. SOLD AT $46,106. A bargain given the condition. Had this been a Series I, it might have brought double this amount. FRENCH #20-1948 DELAHAYE 135M cabriolet. S/N 800439. Burgundy/tan cloth/beige leather. RHD. Odo: 85,688 km. Coachwork by Pennock. Recently completed frame-off rebuild to the highest standards. Unused since. Delivered with a CD containing hundreds of pictures of the project. Cotal 4-speed gearbox, 3 carbs. Well detailed engine compartment, '80s radio fitted in dash, bumpers missing. Cond: 1-.

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Artcurial Paris, FRA Alfa Bits Recent Il Biscione sales on eBay by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #150316676383-1957 ALFA ROMEO GIULIETTA Spider Veloce. S/N AR149504644. Eng. # AR131531682. Grigio Topo gray/black canvas/red leather. Odo: 42,732 miles. 20 Photos. Cape Ann, MA. “100% COMPLETE...UNMOLESTED EXAMPLE, THAT REQUIRES A COMPLETE RESTORATION BUT IT IS VERY STRAIGHT, WITH ALL OF THE VELOCE SPECS STUFF ON IT, FROM THE TACH AND SPEEDO TO THE CORRECT WEBER DCO3 driven by Beltoise and Pescarolo. Exterior and interior scruffy and period correct. Fitted with later MS76 engine, comes with original MS12 engine to be rebuilt. Video of car on race track proves it's ready to be raced, with its unique Matra turbine-like sound. An important-forFrance historic machine that should be on the track. Cond: 3-. SOLD AT $1,922,933. 650 #001 failed to sell at the Bonhams Fontvieille sale in May '02 for $596,855 (SCM# 28385), but a close-to-perfect later 670 sold at Bonhams Monte Carlo in May '05 for $1.4m (SCM# 38175). This car was definitely a French icon, and it deserved all the money. Well bought. See profile, p. 46. CARBS... THE CORRECT ALUMINUM PLENUM+ AIRBOX... THIS CAR HAS A VERY SOLID BODY, MINIMAL RUST SHOWING MOSTLY IN THE TRUNK AREA... ALL OF THE CHROME IS ACCOUNTED FOR BUT IT WILL NEED SOME WORK. ENGINE TURNS OVER AND IT IS THE CORRECT VELOCE ENGINE FOR THE CAR” 34 bids, sf 1036, bf 1038. Cond: 4. SOLD AT $24,100. Nope, I don't get this one either. It would still make more sense to overpay for a gorgeously restored car than spend a penny on this one (at this purchase price). Well sold. #270290946810-1959 ALFA ROMEO GIULIETTA Spider. S/N AR149505972. Red/red fixed tonneau/black vinyl. 8 Photos. Grove City, OH. “Scca Race car. This car is a light weight Gp Roadster with fiberglass hood fenders and Trunk lid. This Vehicle is being sold less engine Transmission And steering Colum. This engine swap to 1966 912 block. Otherwise perfect. Cond: 1-. SOLD AT $61,474. This was a great looking car, but this is all the money and more today for a C Coupe with the wrong engine. Buy it to enjoy it, and call it well sold. Vehicle comes With Spare Hood, Frontend, Rear Fenders, Trunk Lid. Vehicle is sold on bill of sale only.” 22 bids, sf 11, bf 20. Cond: 4. SOLD AT $4,229. A good buy on a big project. Now if only I knew where to find a wrecked one with a 1750 with Webers and a 5-speed... #300280707165-1963 ALFA ROMEO GIULIA SPIDER roadster. S/N AR373865. Black/black vinyl/red leather. Odo: 93,907 miles. 13 Photos. Normandy Park, WA. August, 2001: Colorfully described RV and pickup sandwich resulted in a 180 in the middle of a freeway and a 45-mph head-on with a Chevy SUV. “The Alfa came home on a hook. I bought a new radiator, installed it and got the car running again... but unfortunately—for the #68-1968 MERCEDES-BENZ 280SL convertible. S/N 11304412000118. White/ white hard top/brown leather. Odo: 35,644 miles. Fully restored in the U.S. Quality paint over straight body, chrome redone and showing no issues. European headlights, U.S.-spec allred taillights. Interior fully redone aside from tired carpets. Beautiful steering wheel, ugly go Porsche racer. Cond: 2+. NOT SOLD AT $262,000. Short of the low estimate by $30k. A 1973 RSR fell short at $620,000 at Bonhams's Monte Carlo sale in May '08, and that car had historic results and was also better than new (SCM# 116686). This car lacked the historical racing success to deserve huge money, but was a true RSR in great condition. Still, these are tough to sell in today's market. The bid was fair. ITALIAN #27-1953 FERRARI 212 INTER coupe. Alfa—I ran across this nice E-type Jaguar roadster and the insurance money just sort of disappeared.” Entire nose needs replacing. Interior OK, top tired. 5-speed. 20 bids, sf 343, bf 0. Cond: 5+. SOLD AT $15,776. Winning bidder's location is not disclosed. Curiously the only questions were from Italy and Germany (and we all know the euro arbitrage of recent years has faded). I don't get it. It would certainly have made more sense to wait and pay $35k for a gorgeous one then to have as much into a clip-repaired car. Well sold. ♦ 74 modern radio. Engine bay clean. An example of a U.S. car reaching European shores thanks to the low dollar. Cond: 2-. SOLD AT $66,363. A European Pagoda in similar condition may require a bit more than this price, but the lack of amber taillights and a few other details may justify that extra spending. A decent deal for both parties. #31-1973 PORSCHE 911 CARRERA RS coupe. S/N 9113600711. White/black leather. Odo: 92,187 km. Original 2.7 RS with Touring package rebuilt in 1995 from bare metal and Sports Car Market S/N 0387GT. Eng. # 0387GT. Black/gray leather. Odo: 27,291 km. One of 81 built. Originally owned by a Dutch prince, who kept it only a few years. Black paint cracked every- GERMAN #50-1965 PORSCHE 356C coupe. S/N 131743. Ruby Red/black leather. U.S. provenance and U.S.-style concours restoration. Stunning throughout, with nothing to fault aside from extensively raced since then. In good condition today with many upgrades. Externally looks stock. Interior with roll cage and all racing equipment, engine bay tidy. An efficient rally machine, but not a concours car. Cond: 2+. SOLD AT $172,461. No longer an original car, and no historic racing results—the perfect tool for historic racing. Bonhams sold a perfect 2.7 RS Touring for $271,000 in August '07 (SCM# 46391), but this is the market price for a nice but imperfect RS today. #40-1974 PORSCHE 911 CARRERA 3.0 RSR racer. S/N 9114609078. White/black cloth. Odo: 12,983 km. Sold new in Germany to a privateer, extensively raced in Europe from '74 to '76 with no significant podium finishes. Full rebuild in France in 2007 for Historic Racing purposes. Today better than new. 2008 race in Spain proves it's sorted out. A ready-to

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Artcurial Paris, FRA where, chrome pitted, rubber dead including tires. Interior cooked, with seats falling apart. Engine bay of a driver. Cond: 4. NOT SOLD AT $416,000. How can a Ferrari with only 27,000 kilometers on the clock be in such bad shape? Did it sleep outside for a few years? This car had three chassis and engine numbers in its early years thanks to the Dutch prince's scheme to avoid taxes. Two years ago, or even as recently as last year, dealers would have killed to buy it at this price. That's not the case in this market. #30-1958 FERRARI 250 GT Ellena coupe. S/N 0817GT. Eng. # 0817GT. Dark red & silver/orange vinyl. Odo: 1,509 km. Number 25 of 50 built. Frame-off restoration a few years ago to good standards. Pitted right side window, bumpers rechromed but starting to show flaws underneath. Silver painted Borranis could benefit from better preparation. Vinyl interior attention to detail. An effective racer, and revving the V4 engine is a blast. Ready to be enjoyed. Cond: 2. SOLD AT $58,401. Just 1,258 1.6 HF coupes were built, and real Fanalones are even rarer. Cars like this have sold around the $40k level over the past two years (SCM #117781 & #41929). Despite the great overall condition, this one had no competition history, so this price may be considered slightly over the top. looking Argentinean-built fiberglass barchetta using Alfa Romeo 2.0-liter hardware in a homebuilt chassis. 1,450 lbs and 135 hp makes for a good fun factor. Shiny paint, nice windscreen, unmarked wire wheels. Race car interior with deep buckets and harnesses. Engine bay spotless. Sure to draw attention anywhere with a high sympathy factor. Cond: 3+. SOLD AT $66,084. Sold mid-estimate. An extremely good looking toy—in fact, I'd call this better looking that a Lotus Eleven for half the price. Good fun for the money, but don't expect to be accepted in any upscale races. #41-1969 FERRARI 365 GTB/4 Daytona with minor cuts and pinches. Original engine lost, now fitted with a “factory replacement.” Better than a driver, but not a show car. Cond: 1-. NOT SOLD AT $221,000. This car failed to sell at $348,188 at RM's Maranello sale in May '08 (SCM# 116788). At this bid, every one of the 114 kilometers added since then virtually cost $1,131, so I can't fault the seller for holding on. #66-1967 MASERATI QUATTROPORTE 4-dr sedan. S/N AM1071204. Gray/red leather. Odo: 29,546 km. Two French owners from new. Never restored but for a light respray. Exterior OK with acceptable chrome and glass. Interior faded, with dried-out leather and carpet. Dash top not immaculate. Cromodoras marked, rubber drying out, 40-year-old interior with dried leather and flattened blue carpet. OK dash and mouse fur. Engine bay clean. Cond: 3. NOT SOLD AT $1,690,000. A coupe is $300,000, and a factory convertible is $1m. This was a one-off, but not a “concept car” that had much importance thereafter in Ferrari design. I would have thought this price would have been close, but the seller was looking for more. #57-1969 LANCIA FULVIA 1.6 HF excellent. Really scary engine bay and undercarriage suggest a lack of regular maintenance. Cond: 4+. SOLD AT $27,663. You could have bought a brand new 1990 Maserati Quattroporte Royale two months ago at Bonhams Gstaad for $25k (SCM# 119015). As this one certainly had some evident use under its belt, it was very well sold at this price. #65-1968 ALFA ROMEO Barchetta Sport Speciale Replica roadster. S/N 6008. Red/brown leather. Odo: 10,437 km. Exciting Fanalone coupe. S/N 81854001360. Red/black vinyl. Odo: 5,693 km. A real HF Fanalone, not a replica. Fully rebuilt recently to full factory specifications, in excellent condition with much armrest. Dash excellent. Engine compartment and undercarriage clean. Cond: 2. SOLD AT $38,421. Sold at low estimate. This could seem a bit expensive to an American reader in a market flooded with American iron, but when considering the cost of bringing a car to France and factoring in European taxes, this price was about right. ♦ Pininfarina Special coupe. S/N 12925. Dark blue & silver/tan leather. Odo: 29,457 km. A one-off displayed at the 1969 Paris Motor Show. Unrestored and now slightly scruffy. Paint has swirls and a few chips, stainless steel roof bar shows a few marks, vinyl rear window and engine bay spotless. An '80s poster child struggling to remain fashionable. Cond: 1-. NOT SOLD AT $110,500. Not sold on block close to the $117k low estimate, which was reasonable given the car's condition. Despite their iconic status and raw power, these difficult-to-use cars were valued in the $80k range for years. This high bid was fair in the current market, and it should have sold. AMERICAN #64-1966 FORD MUSTANG GT convert- ible. S/N 6T08A1337168. Light green/beige vinyl. Odo: 21,164 km. 289-ci V8, 4-bbl, 4-sp. A true GT sold new in France. Desirable Pony options, recently restored with paint, chrome, and wheels flawless. Interior well fitted and showing no wear aside from one cracked #55-1987 LAMBORGHINI COUNTACH LP5000 Quattrovalvole coupe. S/N ZAC00500CLA12925. Red/black leather. Odo: 26,403 km. Unrestored and still close to new inside and out. Carefully maintained with no chips on nose, excellent glass, and light wear to leather. Wheels perfect with excellent tires, 76 Sports Car Market

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RM Auctions Ft. Lauderdale, FL Collector Cars of Fort Lauderdale Participants said this year was “apples to oranges” compared to last year, and anyone working from the same 2009 price guides was able to do business Company RM Auctions Date February 6–8, 2009 Location Fort Lauderdale, Florida Auctioneer Brent Earlywine Automotive lots sold / offered 265/410 Sales rate 65% Sales total $11,509,585 High sale 1936 Packard Twelve roadster, sold at $220,000 Buyer's premium Sonny's half of the Barris custom Mustangs for Sonny and Cher, which brought $198k Report and photos by Russell Glace and Thomas Casey Market opinions in italics R M's 2009 Collector Cars of Fort Lauderdale auction was once again held at the city's convention center, which is large enough for all the action to take place indoors. RM reported 265 of the 410 consignments sold for a total of $11.5m, which was well below last year's $17.9m for 330 cars sold. Auction participants said this year was “apples to oranges” compared to last year, as the economy is different, the cars for sale have changed, and buyers are much more cautious than they have been in past years. Nevertheless, buyers and sellers working from the same 2009 price guides were able to do business. This year's top seller was an exquisite 1936 Packard Twelve coupe roadster at $220,000. Other Packard sales included a 1930 7-33 convertible coupe at $73,700, a 1953 Caribbean convertible at $63,250, a 1949 Custom Eight convertible at $70,400, and a 1939 Model 1708 convertible sedan at $176,000. Thirty-four Corvettes were offered, but only twelve sales were made. A 1967 “tanker” coupe sold at $52,250, but a 1964 “tanker” with an older restoration ran out of gas at $70,000. A freshly restored 1966 427/425 convertible in Mosport Green stalled at $90,000, while a fine 1953 roadster was a no-sale at a hefty $235,000. A 1968 Camaro RS/SS 396 convertible looked to be a sound purchase at only $33,000. Shelby fans also had a number of choices here, as nine 78 GT350s and three GT500s crossed the block. Among them, the high sale was a 1966 GT350 H fastback at $156,750, while the other six averaged $85,000 each. Six Pontiac GTO convertibles were offered and five sold at an average of $32,450, while a 1965 model brought $45,100. For those who were flexible on which cars to bid, excellent, expensive, Ft. Lauderdale, FL and completed restoration work was available at significant discounts. At a time when value is paramount, an already done car is often the preferred choice, and along those lines, a magnificent 1954 Buick Skylark convertible with a just-completed frame-off restoration was considered by many to be the star of the show at $187,000. Differentiation was especially important here, as “two of the same” was a recurring theme. Choice is good, as it means mind games for buyers and sellers and provides drama for the spectators. Which car is better? How much does it cost to close the difference between the two? Which is first on the block? Are they reserve or no reserve? How much does the sale of one influence the other? All interesting aspects unto themselves, but when combined at show time, it's what makes the action. Several consignments at this venue had visited other auctions in 2008, where higher bids were declined. I'm sure many of these now look very good in hindsight, especially after deducting the carry, maintenance, preparation, shipping, and other costs of keeping the cars for another year. However, many buyers and sellers were able to meet each other in the middle. With the market still relatively volatile, selling 65% of 410 cars was not a bad day's work for RM. ♦ $5m $10m $15m $20m $25m Sales Totals 2009 2008 2007 2006 2005 10%, included in sold prices Sports Car Market

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RM Auctions Ft. Lauderdale, FL ENGLISH #611-1967 AUSTIN MINI MOKE con- vertible. S/N AMB00736N. Blue/blue vinyl/ blue cloth. RHD. Recently redone, with decent paint, clean interior and engine compartment, and no visible wear. A non-original fun car the consignor states is “beyond reproach.” Perfect and worn, engine compartment clean. Fitted with new props, appears water-ready with all boating and safety equipment on-board. Ready for launch. Cond: 3. SOLD AT $44,000. These will always be a curiosity, even if they only appeal to a narrow audience. This was a good purchase relative to recent sales at other venues, but a good sale given a comparable Amphicar that was bid to an insufficient $27,500 on the same day. #SP10-1968 MERCEDES-BENZ 280SL convertible. S/N 11304410002697. Green/tan vinyl/tan leather. Odo: 27,673 miles. Nice paint, engine remarkably clean. New interior not correct and off-color to the point of distraction. Visor colors do not match the color of utility for a summer lake house or zipping around a gated community. Cond: 3-. SOLD AT $18,700. These can be great fun, and as this one had already been redone to a decent level, it was likely a turn-key proposition for the new owner. Still, it can be considered well sold at the price paid. #SP21-1972 JAGUAR XKE SIII convertible. S/N UC1S20669. Primrose Yellow/black dash and seats, and smooth grain of dash does not match the deeper grain of seats. Engine bay well detailed. Cond: 3-. SOLD AT $42,075. Last seen 345 miles ago at Carlisle in April '08, where it failed to sell at $37,000 (SCM# 116451). The seller might have done better— and sooner—with a better matched interior. As it sat, this was well sold. vinyl/black leather. Odo: 27,012 miles. Respray from 1991 holding up well, claimed original miles. All the proper tools, records, books included. Original upholstery still serviceable, new carpets and top fitted. Cond: 2-. SOLD AT $51,150. While it should have sold higher, the consignor was correct in reading the bidders in the room, and he pulled the reserve to close the sale. Well bought. GERMAN #NR34-1964 AMPHICAR 770 convert- ible. S/N 103391. Regatta Red/white vinyl/red & white vinyl. Odo: 14,219 miles. Good patina, correct interior with clean dashboard, top dirty ITALIAN #437-1959 FIAT JOLLY beach car. S/N 110034063. Red/tan cloth/tan wicker. Odo: 18,144. Relatively recent repaint could have been done better, with details in a few areas overlooked. Incorrect jute matting, but otherwise a decently presented and simple fun-in- wings are delaminating. Clean interior, engine tidy. Cond: 2-. SOLD AT $36,850. This car had a decent look throughout, and all things considered, the sale price was right for both parties. #NR98-1948 BUICK SUPER ESTATE Woody wagon. S/N C60694107411564. Green & wood/tan leather. Unusual green color with a great patina, very stock and clean throughout. Some gap issues around doors, but otherwise places, bumper brackets need attention. Cond: 2-. SOLD AT $104,500. Cords have a unique look, and their limited production years ensure long-term value for collectors. Well bought despite the needs noted. #NR89-1936 FORD DELUXE phaeton. S/N 182492727. Tan/tan cloth/brown leather. A subtle and pleasing color combo. Haartz cloth top trimmed with same accent color as used in pinstripes, bows need refinishing and wind AMERICAN #NR95-1936 CORD 810 phaeton. S/N 5D8102471H. Cream/black cloth/tan leather. Older restoration in need of minor touch-ups and better detailing. Decent paint with some use-related wear noted, window fur worn in the-sun car. Cond: 3-. SOLD AT $51,700. A similar Jolly sold here last year for a very high $70,400, and that was well sold for sure. Even though this one had a full restoration, it still had some light needs, and I'd consider it well sold at this price. 80 is very close to how it was delivered 60 years ago. Clean interior and engine compartment, very nice wood. Cond: 2-. SOLD AT $69,300. The better Woodies from the '30s and '40s are Sports Car Market

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RM Auctions Ft. Lauderdale, FL popular these days, and this Estate Wagon fits in that category. A good price for both buyer and seller. #SP68-1954 BUICK SKYLARK convertible. S/N A1054048. Black/black cloth/red leather. 322-ci V8, 4-bbl, auto. Claimed full frame-off restoration with all new or rebuilt parts completed this past November. Craftsmanship and attention to detail first rate on all counts, with no issues aside from aggressive Cond: 2. SOLD AT $150,000. This had won awards and been a crowd favorite at a number of concours events, but some purists might be alarmed by the colors chosen. Well bought and sold. As nice as it was, the seller needed to let it go, and the buyer got an exquisite car with a solid wow factor. buffing on chrome. Only 836 were sold in 1954 and less than 50 are believed to still be around, but they have become a common sight at every auction. Cond: 1. SOLD AT $187,000. This Skylark was well bought at $187,000, as the three-month-old restoration was certainly well done and the car was in need of nothing. We've seen others sell recently for as much as $220k (SCM# 116515), and this one should serve the buyer well for a long time. #NR12-1960 FORD THUNDERBIRD convertible. S/N NY73Y176659. Tan/tan vinyl/tan vinyl. Odo: 22,600 miles. 352-ci V8, 4-bbl, auto. A one-owner, low-mileage car with original paint, interior, and top. A show winner in the '80s, with full documentation, manuals, “as it was,” very basic and still in its Daytona configuration. Much patina and some rust evident. Cond: 3. SOLD AT $61,600. This was essentially the same price it achieved when it left Harrah's in the mid-'80s. This type of history might be significant to some, but for most, it was little more than ho-hum, and the tepid bidding reflected that. #448-1965 BUICK RIVIERA GS 2-dr etc. Top and plastic window have yellowed and a few touch-ups were not blended in correctly, resulting in different hues on the rear and front left fenders. Cond: 3+. SOLD AT $45,100. This car's originality was the key to its appeal, and two bidders wanted it enough to drive the bidding up to this level. A decent deal for both parties. #SP63-1961 CHRYSLER 300G convert- ible. S/N 8413111351. Dark blue/blue canvas/ tan leather. 413-ci V8, 2x4-bbl, auto. Threeyear total restoration to a very high level, but is also highly personalized, as paint is the seller's signature '37 Packard Sentinel Blue. Rich tan interior with blue welting, blue canvas top. Excellent attention to detail throughout. hard top. S/N 4944475H925015. Black/black leather. Odo: 51,353 miles. 425-ci 360-hp V8, 2x4-bbl, auto. Consignor claims frame-up restoration. New paint, much attention to chrome and engine appearance, new exterior items include stainless steel wipers with deflectors. aftermarket stereo. Has build sheet and Galen Govier report. Needs a lot of work to bring home the big bucks. Cond: 3-. SOLD AT $49,500. Given previous years' interest and high prices for these cars, this one was well bought. However, enthusiasm and prices for the 'Cudas have been fading, and this one was too rough to attract better money. ♦ #SP46-1964 MERCURY COMET 2-dr hard top. S/N 4T23F00031. Gray/blue vinyl. Odo: 1,601 miles. 289-ci V8, 4-bbl, 3-sp. Completed a 100,000-mile endurance run at Daytona in 1964 so Ford could promote its durability. The only survivor of four, it was on display at Harrah's for 20 years. Presented SOLD AT $30,250. Oldsmobiles have always trailed behind their Chevrolet cousins when it comes to value. Another blue '70 convertible, this one with the W30 package, failed to sell at Mecum's St. Charles auction in October '06 for $175k (SCM# 43302), and although it's safe to say values have fallen since then, this was still very well bought. #NR24-1971 PLYMOUTH 'CUDA con- vertible. S/N BS27N1B324621. Lemon Twist & black/black vinyl/black vinyl. Odo: 90,751 miles. 383-ci V8, 4-bbl, auto. Fresh repaint has scratches and chips. New top, worn interior, Lots of wet sanding evident in smooth paint. Rear seems a bit too low, and putting the car on a lift for an undercarriage inspection would be prudent. Cond: 2-. SOLD AT $46,200. Rivieras have not yet caught the fancy of most collectors despite their design innovation and luxury. This all-out GS was as good as it gets for Rivieras, and this one was well bought at the price paid. #NR33-1970 OLDSMOBILE 442 convert- ible. S/N 344671M208720. Monarch Blue/offwhite vinyl/off-white vinyl. Odo: 85,443 miles. 455-ci V8, 4-bbl, 4-sp. Claimed to be the only 442 convertible documented in dark Monarch Blue, heavily optioned from new. Frame-off restoration to a very high standard, engine compartment particularly well detailed. Cond: 2+. 82 Sports Car Market

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Coys Padua, ITA Auto Moto d'Epoca Padova The 40% sales rate was down from 2007's 60% and the 65% of 2006. But the average price rose from 2006's $51,933 to this year's $74,075 Company Coys Date October 25, 2008 Location Padua, Italy Auctioneer Douglas Jamieson Automotive lots sold / offered 46/114 Sales rate 40% Sales total $3,407,459 High sale 1963 Ferrari 250 GTL Lusso, sold at $546,100 Buyer's premium Another Italian Job by the Brits Report and photos by Donald Osborne Market opinions in italics and prosperous northern Italian city. As the Padua show is the center of the Italian L collector car calendar, the lots were dominated by macchine from the peninsula, but included American iron as well as German and French offerings. The cars available ranged from a lovely Ferrari 250 GTL Lusso that was the top sale at $546,100 to the one-off 1949 Fiat 1100B Sport RAOR barchetta, a no-sale at $43,180. A nicely turned-out 1966 Lamborghini 400 GT 2+2 was let down by incorrect details but still sold at $141,783. Another well-bought car was a recently restored 1965 Maserati Sebring Series I coupe at $94,884, while the $58,445 spent for a long-stored '67 Maserati Mistral coupe must be considered a bargain. My favorite was a rare 1950 Maserati A6 1500 Pinin Farina coupe, just out of a private museum. Very original, attractive and well presented, it was well bought at $222,250. There were a number of project cars in the sale, some- thing quite common in Coys's home country, the U.K. Some were ambitious, such as the Alfa 2000 Touring Spider with no sills, a Ferrari 250 GTE chassis Testa Rossa re-creation kit, a mostly complete Bugatti Type 37A, and a rare Fiat 1500S OSCA coupe. All but the fairly hopeless 84 ondon-based Coys came to Italy for its fourth annual sale at the Auto Moto d'Epoca show at Padova Fiera show grounds in this historic Alfa found new homes, from $13,038 for the Fiat up to $124,714 for the Bugatti. The buyer of the 1938 Pinin Farina-bodied Lancia Augusta may have thought he was buying a restored car for $32,426, but has acquired a project of some effort. As an alternative to the project Bugatti, Coys offered a 1926 Type 35A with a wonderful patina that was said to have been delivered new to Sir Malcolm Campbell. Clearly well-used, it came with a report from a Bugatti consultant attesting to its authenticity. That wasn't enough for bidders, and it stalled at $749,300. America was represented by a pair of '59 Cadillacs, three Mustangs, and a '64 Ford Thunderbird convertible, among others. The T-Bird was ex-MGM Studios and allegedly used in the movie “Thelma & Louise,” but since the car in that film was actually a 1966, it's hard to figure how. Neither of the Cadillacs sold, but a “Bullitt” replica Mustang fastback and a '65 Mustang GT convertible brought $39,783 and $36,600, respectively, while the T-Bird made $38,964. The 40% sales rate compared unfavorably to the 2007 auction's 60% and the 65% of 2006. However, the average price has risen from 2006's $51,933 to this year's $74,075, due to the addition of more mid-range lots. Overall, the sale seemed to reinforce my observations of a number of European sales in the past few years—if it were described in an ad in the “personals” column, it might read: “Knowledgeable, moneyed, somewhat jaded collectors seek bargains on usable classics. Flashy, big money cars need not apply.” ♦ Sales Totals $1m $2m $3m $4m $5m 0 Sports Car Market 2008 2007 2006 15% on the first $63,500, 10% thereafter, included in sold prices ($1.27=€1.00)

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Coys Padua, ITA ENGLISH #118-1972 ROLLS-ROYCE CORNICHE convertible. S/N DRA14317. Black/beige Everflex/beige leather. Odo: 84,070 miles. Good panel fit, except left door slightly out at rear edge. Shiny older repaint shows some prep issues. paint shows polish scratches, a few small nicks, and two divots out of the rear edge of the left door. Simple interior is clean. Cond: 3-. SOLD AT $28,473. Wacky little GT from a French cycle maker who was inspired by Colin Chapman and marketed this build-it-yourself coupe. Powered by a Renault lump and with a fiberglass body, it had the power-to-weight ratio of a Lotus, but also its build quality. A strong price for this rare French DIY sports car. GERMAN #172-1955 PORSCHE 356 Continental Good chrome. Interior shows wear, with mismatched hides on seat sections and some wood trim defects. Cond: 4+. SOLD AT $50,512. A used-car Royce, nothing more. The Corniche is not a common car, nor is it extremely rare. Other examples can be found. Given the condition, I'll have to call this well sold indeed. FRENCH #176-1926 BUGATTI TYPE 35A racer. S/N 4664. French Blue/black leather. RHD. Brush-applied paint is flat, with rubs, chips, and soiling in spots. Bright trim dull, interior is used and worn. Cond: 4-. NOT SOLD AT $749,300. A Bugatti Type 35, the way you always want to Interior clean, but seats are slightly overstuffed and cover is a bit wavy on cushions. Period Blaupunkt radio. Cond: 3-. SOLD AT $84,887. Rare Max Hoffman-inspired model to follow the 1500 America. 1980s U.S. restoration, now down to driver level. A lovely car, and I was the underbidder. Market today for a driver pre-A Cab. see one—a clearly well-used tool. Stated to be ex-Sir Malcolm Campbell and largely original and never restored. Has run in the Mille Miglia Storica. Such examples, when they have a fully documented provenance, have become highly prized of late, but no one stepped up here to pay the price the vendor wanted. #211-1966 FOURNIER-MARCADIER BARZOI coupe. S/N 0300567. Red/black vinyl. Odo: 2,246 km. Casual panel fit, shiny good, interior shows wear on dirty wheel, resprayed seats, and many visible flaws in wood trim. Cond: 4-. SOLD AT $41,961. A bit of a fish out of water, a RHD Benz cabrio in Italy, with what appeared to be a fluff-and-buff for resale. Nevertheless, it made a good price for its condition. As long as the new owner doesn't attempt a restoration, he'll be fine. 86 Sports Car Market #167-1963 MERCEDES-BENZ 220SE cabriolet. S/N 11102320040975. White/black canvas/red leather. RHD. Odo: 98,956 miles. Good panel fit, hood gaps a bit wide. Paint presentable but shows polish scratches and few ripples. Right sill shows evidence of bodywork, filler in left wiper stem opening. Chrome fair to cabriolet. S/N 60860. Cream/black canvas/red vinyl. Odo: 87,053 miles. Good panel fit, with doors slightly out at rear edge, trunk lid a bit wide at sides. Paint shiny but shows microblistering throughout. Chrome fair to good, with light pitting on most and some waviness on rear license plate light. Taillight lenses very dark. Engine compartment clean but not detailed. trim, unmarked wheels. Interior virtually as new. Cond: 2+. NOT SOLD AT $266,700. Delivered new to conductor and enthusiast Herbert von Karajan. Three owners from new and hard to fault, except I really don't like it in red. Fair money for a 959 today. ITALIAN #129-1938 LANCIA AUGUSTA cabriolet. S/N 342493. Dark green & black/black vinyl/ brown vinyl. RHD. Odo: 80,484 km. Variable panel fit, rippled doors. Paint uneven, with overspray and touch-ups on panels. Bright trim fair, hood catches missing, knockoff spinner missing one ear on right rear wheel. Interior clean, with slightly overstuffed seats and casually sewn door panels. Mismatched instruments #198-1988 PORSCHE 959 coupe. S/N WPOZZZ95ZJS900216. Guards Red/Dove Gray. Odo: 37,459 km. Excellent panel fit. Very good paint shows polish scratches and a few touched-in chips on nose. Excellent black in dash. Cond: 5+. SOLD AT $32,426. Custom bodied versions of the first small Lancia are very desirable. This one, however, was a tenfooter at best. With each step closer, the squealing becomes louder. Every detail was poorly done or not done at all. A shame. It would have been better as the rough project it must have been a short time ago. A World Cup bicycle kick for the seller. #175-1950 MASERATI A6 1500 coupe. S/N 0108. Navy blue/red leather. RHD. Odo:

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Coys Padua, ITA 80,508 km. Very good door fit, hood and trunk slightly off. Good paint shows polish scratches and the need for final polishing in roof rails. Good chrome. Interior is nicely broken in, steering wheel spokes need a polish. Cond: 3+. SOLD AT $222,250. A rare early Maserati road car, one of less than 70 made. Out of longterm private museum display, it was in need of recommissioning. An incredibly lovely car, this was my favorite in the sale. It will likely get a restoration, which would be a shame as it still retains a good deal of originality. Priced right on the market, and I think it was a bargain. #115-1955 FIAT 1100/103 Berlina 4-dr sedan. S/N 61553. Black/gray cloth. Odo: 67,094 km. Panel fit variable, greater than factory standards. Good older paint shows some small stress cracks, polish marks, and a few rubs. Nice interior is a mix of original and TOP 10 No. 7 #153-1963 FERRARI 250 GTL Lusso coupe. S/N 4567. Silver/dark blue leather. Odo: 46,436 miles. Very good panel fit, except left door out at rear edge. Very good paint, shown with bugs and bird droppings on nose. Chrome good, but window trim shows pitting. Retrimmed interior well-fitted but is let down by pitted ashtray cover lid. Original sill plates slightly worn, as are original window felts. Odo: 23,031 km. Good panel fit, decent paint shows polish scratches and stress cracks on corners of hood scoop. Chrome fair to good, bumpers removed but shown with car. Clean interior with recent seats, some dull bright trim, and some wear on door panels. ASI Targa d'Oro. Cond: 3+. SOLD AT $94,884. A Series I fuel-injected Sebring restored to a very good level and vintage-rallied. Considering what the cost would be to bring it back up to snuff, it was priced a bit on the high side, but not tragically. #169-1965 FIAT MULTIPLA Abarth van. S/N 98728. Baby blue, red, & white/black cloth. Odo: 3 km. Variable panel fit. Good paint shows some prep issues, bright trim dull. Clean interior has four modern racing buckets, quilted vinyl Cond: 2-. SOLD AT $546,100. Not great, but a very nice example nonetheless. According to the chassis number supplied, this car was sold in May, '04 at the Bonhams Fontvieille auction for $264,595 (SCM# 34145), and was then offered in December '04 at the Bonhams Gstaad sale, where it was a no-sale at $272,813 (SCM# 36806). At the time it was painted red. The description here stated that this car was done in the 1990s, but made no mention of a color change. A fair transaction, once the mystery is solved. #111-1965 LANCIA FULVIA 2C Berlina replacements. Front seat cushion a bit baggy, new repro floor mats. Cond: 4+. SOLD AT $13,487. The mainstay of the '50s Fiat line, and the choice of SCMer Martin Swig, who owns a small fleet of 1100 Berlinas. Actively vintage-rallied in Italy, they were as common in competition in period as in the piazza. Neat cars. Well sold for condition. #146-1957 FIAT 1500 S OSCA coupe. S/N 005848. White/black leather. Odo: 55,388 km. Variable panel fit. Somewhat recent and casually applied paint needs to be rubbed out, with visible polish scratches and a few rubs. Chrome poor, but complete. Interior worn, with rippled vinyl wood grain applique on dash. Homemade wood door caps, dry resprayed seats. Nardi school of Italian sedans. V4 front-driver, raceprepared for FIA and CSAI vintage events to a very high standard. These were very successful in period and are welcome on any European vintage grid, and they're almost never seen in the U.S. Well bought. #163-1965 MASERATI 3500 GTI Sebring coupe. S/N AM1013500. Red/black leather. wood wheel. Cond: 5. SOLD AT $13,038. A Fiat 1500 with an OSCA twin-cam engine in the rarely seen coupe body. Catalog listing and registration document listed this car as a 1957, but the model was not introduced until 1959, and this was a late chassis number. Described as “conservata,” but hardly so. The basis for a full, and expensive, restoration. Well sold. 88 4-dr sedan. S/N 040622. White/black cloth. Excellent panel fit, very good competition level paint. Stripped interior, with single racing bucket seat, new gauges, and full roll cage. Cond: 3+. SOLD AT $13,487. A first-series Fulvia Berlina, from the “box it came in” wheelarch trim, and new carpet. Well finished instrument cluster, modern Abarth thick-rimmed wheel. Cond: 3-. SOLD AT $33,777. The original people mover. Done up as a promo vehicle for a vendor of modern Abarth parts. Well conceived, but the execution was not top notch. Bought for far less than the cost of the work. #147-1966 ALFA ROMEO 2600 spider. S/N AR192714. Red/black canvas/black leather. Odo: 21,437 miles. Very good panel fit, except hood gap a bit variable. Good paint shows some prep issues. Chrome fair, with some fading and light pitting. Interior clean with some wear on seat backs, cracks in dash cover, and dull steering wheel spokes. Cond: 3-. SOLD AT $74,309. The Alfa 2600 is the last true descendant of the type of large, fast car which made Alfa's reputation before WWII. Largely dismissed by the collecting community, they have a lot to offer. This was a nice but not great example which brought a price higher than I've seen since the late'80s. Have they returned to favor? #158-1966 LANCIA FLAVIA Sport coupe. S/N 001602. Dark silver/black vinyl. Odo: 84,664 km. Variable panel gaps. Paint is good, but shows some scratches, rubs, and much evidence of corrosion on panel edges. Bright trim shows some scratches and small Sports Car Market

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Coys Padua, ITA some work to bring it back into shape, but it was well bought at this price. #156-1969 LAMBORGHINI ISLERO S coupe. S/N 6387. Red/tan leather. Odo: 39,866 km. Very good door fit, trunk and hood slightly off, well-applied paint shows light polish scratches. Good bright trim except for light pitting on drip rails and gas cap, sill trim casually pop-riveted in place. Interior somewhat soiled, seats and console show some wear. Later Pioneer stereo. dings. Nicely redone interior, steering wheel wood rim original. Perished door rubbers. Cond: 4. SOLD AT $30,721. Wonderfully wacky front-drive flat-4 Zagato Lancia, one of 32 with fuel injection. These cars are certainly visually challenged, and most disappeared into corrosion dust long ago, but they're fabulous. A bargain, but also market correct. #185-1966 LAMBORGHINI 400 GT 2+2 coupe. S/N 0598. Silver/tobacco leather. Odo: 76,023 km. Very good panel fit, except trunk gaps wide. Very good paint shows some polish scratches, chrome good except for pitted door handles. Odd painted wheel spokes with polished rims. Original interior clean and shows only minor wear. Something removed from Very clean engine compartment with incorrectly chromed elements. Cond: 3-. SOLD AT $70,434. One of 100 Islero “S” models built. Values of Isleros percolated in the $70k–$80k range for quite a while, then increased rapidly with a number of public sales around $100k and a private sale at $50k above that. Since the sale of my car in August '08 at $200k (SCM# 117593), no others have been close. This was a bargain price for an OK car. #123-1972 FERRARI 246 GT Dino coupe. S/N 02566. Red/tan leather. Odo: 46,210 km. Very good panel fit, smooth paint shows the tiniest area of prep issues on front deck panel. Very good chrome, somewhat dirty wheels. Well-fitted original interior with some soiling on dashboard, leaving old adhesive visible. Period Blaupunkt radio. Cond: 3. SOLD AT $141,783. A number of incorrect details let down what was a good car. Since the high levels achieved in Monterey 2008 for early Lambos, prices seem to have slipped a bit. Whether it's the market or the examples will be seen in the coming months. For now, this must be called well bought. #160-1967 MASERATI MISTRAL coupe. S/N AM109A11076. Metallic sand/black leather. Odo: 88,961 km. Panel gaps somewhat variable. Well-applied paint now shows some rubs and scratches, as well as small areas of bubbling in rear fender. Sills slightly wavy, chrome variable, some light pitting and repairs visible in front bumper. Very good interior is partially retrimmed, door seals missing. Period Autovox radio. Cond: 3-. SOLD AT $58,445. Sixties Masers have been long undervalued, especially compared to Astons. This was a nice car that came out of long storage. It will take driver's seat and steering wheel spokes. Cond: 2+. SOLD AT $177,800. A lovely example of the preferred 2.4 Dino. The Berlinetta is in my opinion much better looking than the usually more expensive semi-spider. The price paid would have bought a GTS not long ago. They continue to move forward. Market correct. #126-1974 FIAT 124 Coupe Special Artigianale coupe. S/N C2511349. Dark red/black & red leather. Odo: 1 km. Variable panel fit, huge gaps at door bottoms. Very good paint, authentically hand-formed alloy trim is suitably scratched. Simple interior clean, with modern Fiat instruments fitted. Overspray on door window frames. Cond: 2-. SOLD AT $49,990. A 1980s rebody of a Fiat 124 coupe as a '50s-look sports GT, inspired by the Maserati A6GCS. Restored in 2002. Not bad looking, but the workmanship was fairly appalling—how would you drive in the rain with those door sill 90 gaps? What would you do with it? Surely you would spend more time explaining than driving. Very well sold. #139-1981 FERRARI 512 BBi coupe. S/N 39931. Red & black/tan leather & cloth. Odo: 54,827 km. Very good panel fit, nice paint shows some minor polish scratches. Small dent and rub in left front corner with damage to bumper beneath, some rubs on mirror edges. Other black trim good. Clean interior shows light wear appropriate to indicated mileage. Cond: 2-. SOLD AT $131,826. Boxer values have slowly risen in the past year and now hover in the low- to mid-$100s for good examples like this. One of the more well presented lots on offer in the sale, it brought a spot-on price. AMERICAN #137-1964 FORD THUNDERBIRD convertible. S/N 4Y85Z123400. Blue green metallic/white vinyl/white leather. Odo: 20,631 miles. 390-ci V8, 4-bbl, auto. Good panel fit, except right door out at rear edge. Well-applied paint, good chrome shows some flaws on rear bumper and at vent window trim. Interior a bit worn, with some mismatched seat panels as well as a chipped and cracked steering wheel. Cond: 3-. SOLD AT $38,964. Not a bad '64 T-bird convertible in nice colors. Stated in the catalog as the car from the movie “Thelma and Louise,” except for the fact that it was a '66 in the film, not a '64. Reported previous ownership by MGM studios was the only link. The price? Not too bad for Europe—the seller got away with it and the buyer didn't go over a cliff. ♦ Sports Car Market

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MidAmerica Auctions Las Vegas, NV Las Vegas Vintage Motorcycle Auction Roaring flat track racers a short distance from the auction helped to inspire bidding ENGLISH #398-1948 ARIEL SQUARE FOUR mo- torcycle. S/N CJ513. Red & black. Stunning restoration with perfect paint and chrome. Polished cases a bit overbuffed, but other detailing is spot-on. Purchased from original owner who was said to ride it nearly every day. Cond: 1. SOLD AT $25,440. While looking A relaxed buying atmosphere in Vegas Report and photos by Lance Raber Market opinions in italics M $1m $2m $3m $4m $5m $6m 0 92 idAmerica's Las Vegas Vintage Motorcycle Auction was held at the South Point Casino during the second week in January, which was a great venue for the sale, as you could stay in the hotel and simply walk to the auction, the evening races, the gaming tables, or any one of several restaurants. Many projects sold at reasonable prices, and roaring flat track racers a short distance from the auction encouraged bidding. More than 50 racers on bikes as old as hand-shift Indians and as new as modern water-cooled 450s put on an outstanding show in the Equestrian Center of the casino. Of the 445 vintage motorcycles offered, 369 sold for a total of $4,903,984. The high sale was a 1973 Harley-Davidson XRTT 750 factory racer that had been raced by Cal Rayborn as #14. It had spent the last three years in Tony Blair's collection in Sydney, Australia, and while in Blair's possession, he removed the fairing and tank, oiled the cylinders, demagnetized the magneto, and got it running. “What a raw, savage exhaust note,” said Blair. The bike came back to the U.S, and the new owner paid $185,500 for a great piece of American racing history. A rare barn find was an original unrestored 1917 Excelsior Sales Totals Company MidAmerica Auctions Date January 8–10, 2009 Location Las Vegas, Nevada Auctioneer Gary Ordish, Paul Behr, Dan Wahl, Dan Schorno, Dennis Wisbey Automotive lots sold / offered 369/445 Sales rate 83% Sales total $4,903,984 High sale Super X Twin, which spent years beside a coal bin in Utah, but still had compression and enough spark to shock you. It seemed to be all there, but it looked to be melting into the earth. There did not appear to be one piece that wasn't rusted, rotted, or in need of elbow grease, but it still changed hands for $30,740. There were bikes for every interest—a Russian ISH 1973 Harley-Davidson XRTT, sold at $185,500 Buyer's premium 6%, included in sold prices 2009 2008 2007 2006 2005 with 24 original miles, perfect Triumphs, BSAs, BMWs, Indians and Harleys, plus several factory and home-made race bikes. Last year's sale totaled $5.3m for 440 of 495 bikes, and while this year's total fell below that level, there were 50 fewer motorcycles on offer, and moving 369 bikes for almost $4m has to be counted as a success in this market. ♦ leather seats fitted. Cond: 1. SOLD AT $60,420. One of the few red Vincent Rapides made, and the color was verified by the Vincent Owners Club as correct. The carbs had been upgraded to sleeved mono-blocks, but the bike came with the original units. Well bought. GERMAN #216-1962 BMW R69S motorcycle. S/N 855431. Black. A nearly perfect example of one of BMWs only hot rods from the '60s, complete with high compression pistons and slightly oversized carbs. Ground-up restoration shows well, mechanically fresh with new rods, pistons, and crank. Cond: 1. SOLD AT $19,080. Well done and not polished and molested like amateurs often do. It had the Earles Sports Car Market over this bike, an older chap stopped to chat and told me that he bought one new in '48. He paid $1,500 for it when he was making $1.25 per hour, but he swears it was still worth it. The restorer spent hours and hours rebuilding this bike, and bidders correctly valued it at the price paid. Well bought and sold. #211-1951 VINCENT RAPIDE motor- cycle. S/N F10AB16641. Red. Complete restoration 5,000 miles ago. Paint, chrome, and brightwork to show-winning standards. Restoration not overdone, with castings looking new but not over-polished, and correct tan

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MidAmerica Auctions Las Vegas, NV hotter cams, a two-into-one Verlicchi exhaust, a six-speed transmission with 70 hp at the rear wheel, and a weight of only 352 lbs. Reported to be dynamically balanced and was recently overhauled. Cond: 1. SOLD AT $20,670. This particular bike was photographed by Ian Falloon, a noted Ducati historian, and featured in his book The Standard Catalog of Ducati. A good buy at just over $20k. front suspension, which makes it a bit soggy to ride, but from the bids, you can see it was wanted. Well sold. ITALIAN #463-1960 PARILLA MSDS motorcycle. S/N 129137. Gray & black. A tastefully restored road-going Parilla with some of the Formula 3 racer bits. Detailed well, with chin pad on tank and bum pad at rear of seat. The paint, decals, and stripes appear to be factory- correct and well done with just a hint of buffing showing. Cond: 1. SOLD AT $15,900. Even though this bike was mildly hot rodded and not particularly rare, the bidders also had an eye for a job well done, and the bid went to nearly $16k. Well bought and sold. #474-1986 DUCATI MONTJUICH mo- torcycle. S/N 2DM750M104. Red & gray. A 750 Ducati named to celebrate the 1983 race in Montjuich Park in Barcelona, Spain. Number 104 of 200, in excellent overall shape with nearly perfect paint and running gear. This model has three tire irons, and an extra ignition key. An oddball dual-sidepiped single that has a shift lever mounted on the outside of the kick-start shaft. Cond: 2. SOLD AT $5,830. With styling from the '50s and technology from the '60s, this has to come under the heading of oddball. Still, someone bid it to $5,830, which was more than enough. AMERICAN #373-1914 EXCELSIOR 7SC Short Coupled V-Twin motorcycle. S/N 58552. Light blue. Named the Short Coupled V-Twin, this 1,000-cc model 7SC ex-factory racer was restored in 1952. Paint good, engine detailing shows some age. Original Troxel leather saddle fits and looks correct. A minimalist bike with nothing that isn't required for racing—brakes included. SOLD AT $42,400. This had not run enough power to shock you. In late 1917, the Henderson Motorcycle Company was sold to Excelsior owner Ignaz Schwinn of bicycle fame, who folded it into the Excelsior Motor Manufacturing and Supply Company. Cond: 5. SOLD AT $30,740. Where would you start with a project like this? Someone must have a plan, because they paid quite a bit for the privilege of ownership. Well sold. #490-1967 SEARS PUCH TWINGLE S250 motorcycle. S/N 1733417. Red & silver. A well preserved Puch sold by Sears & Roebuck. Whitewall tires, all cables and rubber goods showing their age. Two pistons, two pipes, and one carb. Each cylinder fires at the same time, leaving a fog of smoke from the rich RUSSIAN #408-1972 ISH PLANETA motorcycle. S/N R82026. Green & white. A 37-year-old Russian bike with only 24 original miles. Comes with a 50-piece tool kit which it probably needed, touch-up paint, seven extra light bulbs, a grease gun, tire repair kit, chain tool, since restoration and was starting to show its age, with a bit of rust on the barrels. It's the kind of bike that doesn't seem as affected by market conditions as more common examples, and it commanded a healthy winning bid. Well sold. #458-1917 EXCELSIOR SUPER X TWIN motorcycle. S/N 87510. Gray & rust. Found in a barn next to a coal bin in Utah, it appears to be 100% original and was purchased from the original owner. It's in rough shape, but the motor has compression, the gears appear to shift, and if you spin the mag, it has two stroke. Cond: 3. SOLD AT $3,180. Puch tried some new ideas on the market. Some were successful, like the fully enclosed chain, but the “Twingle” was not. The engine configuration worked, but it was soggy and underpowered. These machines are neither rare nor sought after, but they're often bought by a nostalgic previous owner. Well sold. ♦ 94 Sports Car Market

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Kruse Scottsdale, AZ 38th Annual Scottsdale Auction Three collections fed the sales total, the largest being 47 identical Shelby GT-H convertibles Company Kruse International Date January 22–25, 2009 Location Scottsdale, Arizona Auctioneers Dean Kruse, Daniel Kruse, Jimmy Richie, James Dyess Automotive lots sold / offered 157/424 Sales rate 37% Sales total $4,614,732 High sale 1911 Rambler 7-passenger touring, sold at $1,620,000 Buyer's premium 8%, included in sold prices The final sale of the Arizona auctions makes $4.6m Report and photos by Lance Raber Market opinions in italics T his year's Kruse auction in Scottsdale took place once again at the Arizona State Fairground under sunny skies. Thankfully, it was the lone event at the site; last year's attendees had to compete with a knitting exposition and battle rabid grannies for parking spots. Kruse offered 424 cars, and 157 of Phoenix, AZ those sold. The big-dollar car was a huge 1911 Rambler 7-Passenger touring, claimed to be the only one in existence, which sold for a whopping $1,620,000. This right-hand-drive Brass Era car was made in Kenosha, Wisconsin, and was stunningly restored with an amazing amount of gleaming brass. The body and paint were perfect, painted with single-stage paint in keeping with its age. There were three collections of cars offered by Kruse, the widest ranging being 30 cars for sale by Jerry Morrison—all for sale at no reserve. The second collection, by Wagners Classic Cars, was an eclectic mix of show rods, based on plain Jane models expertly modified. The last collection was the biggest, with Hertz offering up 47 2007 Shelby Mustang GT-H convertibles from its rental fleet. Kruse sold 22 of the 47, from a low of $21,600 to a high of $32,400, the price depending on condition and mileage. All featured traction control that could not be turned off, and all were typical rental returns with parking lot scuffs and baggage scars in the trunks. Notable sales included a 1932 Chevrolet Confederate 2-door sedan in decent overall condition that brought $17,280, a 1948 Chevrolet Stylemaster panel truck that sold at $20,250, a 1967 King Midget roadster that sold at $3,564, and a nice 1966 Chevelle SS 396 convertible that brought $45,360. A rare 1905 Queen roadster was also available, Sales Totals finding new ownership at $118,800. In 2008, Kruse sold 153 of 367 cars in Phoenix for a final total of $4.9m. This year, the final total fell only slightly, and the sell-through of 37% remained the same. In general, it looked as if prices reflected our financial times. Rare cars still commanded big bucks, and as we've seen elsewhere in recent months, pedestrian '60s and '70s drivers were much more difficult to move—especially if there were issues or stories. ♦ $1m $2m $3m $4m $5m $6m 2009 2008 2007 2006 2005 96 Sports Car Market

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Kruse Scottsdale, AZ #2761-1905 QUEEN roadster. S/N 1385. Green/black cloth/black leather. RHD. Excellent paint over simple straight body, lots of flawless brass trim throughout. White suspension bits clean, wood dash nice, leather seating well fitted. Cond: 1. SOLD AT $118,800. Queen was of a rare roadster pickup. Chrome fair, body straight, single-stage paint shows well. Fuel tank rusted, and restorer didn't fill in the pitting. Door handle stripped, so you can either reach inside to open or hop over the door. Cond: 2. NOT SOLD AT $17,500. A tidy and rare, mostly well detailed pickup. The running gear was not over-painted, but it had some overlooked details that glared. Buyers for this era of car are dwindling, but this one could have done better than this bid. #1017-1932 CHEVROLET in business from 1904 to 1907 and made only 1,500 total cars, and this was one of only six thought to still exist. This two-cylinder 16-hp horseless carriage came complete with gas lights and a mahogany dash. It cost $800 in 1905, but considering its rarity and condition, it was a decent buy at this price. TOP 10 No. 4 #2764-1911 RAMBLER 7-Passenger touring. S/N 930. Green/black canvas/black leather. RHD. The largest Rambler ever built and the only one known to still exist. Body and paint flawless, fitted with an amazing amount of well-polished brass. original, but it had been repainted in stock colors. Most of the chrome was also replated and the wheels were restored, but the interior seemed to be original, with all the proper sags and wear of a well-cared-for car. The painted wood on the window surrounds was in good shape, but it showed wear from years of arms out the window. A good buy at the price paid. #1043-1948 Odd but probably stock paint color choices, contrasting red pinstripes done to a high level. Top and interior well fitted and showing little wear. Cond: 1. SOLD AT $1,620,000. This 7passenger roadster was purchased in 1910 by a Coca-Cola bottler in Laredo, Texas. It was certainly nice enough for any concours as it sat, and the price paid was on the money considering both its condition and rarity. #478-1930 FORD MODEL A roadster pickup. S/N A370551. Red & black/brown leather. Odo: 38 miles. A well done restoration CHEVROLET STYLEMASTER Custom panel truck. S/N 9USD1166. Tan/tan cloth & vinyl. Odo: 11,876 miles. 327-ci V8, 4-bbl, auto. Straight body and well done paint, chrome good, aside from original aging door handles and window Stunning interior, 502 Chevrolet big-block is plumbed for nitrous, adding an additional 250 hp. Cond: 2. NOT SOLD AT $71,000. Seems like an unlikely choice for a big-block, nitrous-fed, high-dollar hot rod. Still, it came off as a well sorted, well engineered car. The body was shaved, decked, and nosed, showing just how many hours went into the project. But how much is a hot rod Buick worth? The seller clearly thinks it's more than the $71k offered. #753-1963 CHEVROLET BEL AIR 2-dr cranks. Door jambs rusty, hinges have added reinforcing plates. Interior shows well in tan cloth and vinyl. Cond: 3. SOLD AT $20,250. This looked like a nicely done custom, but it featured an odd mix of new and old, and lots of details were overlooked. Lots of things need to be done over, and with that in mind, this was well sold at $20,250. May 2009 sedan. S/N 31511S275050. Black/blue vinyl. Odo: 3,851 miles. 409-ci V8, 2x4-bbl, 4-sp. A stunning ground-up restoration of a plain Jane big-block car. Originally Azure Aqua, color change done well over a smooth body. Interior restored to factory-new. Capped-off header dumps behind each front wheel. Cond: 2. NOT SOLD AT $42,000. Last seen at 97 CONFEDERATE 2-dr sedan. S/N G930233. Blue & black/gray cloth. Odo: 70,583 miles. Body and paint well done, with no issues noted aside from light wear. Chrome only fair, with some spots in need of a polish and others showing some deterioration. Interior just OK and showing age throughout. Cond: 3. SOLD AT $17,280. This was reported to be an unmolested #768-1956 CHEVROLET NOMAD wagon. S/N VC56F113770. Red & black/red & black vinyl. Odo: 255 miles. 350-ci fuel-injected V8, auto. Show car-quality body, paint, and interior. Fitted with Corvette LT-1, 700R4 overdrive, modern dual master-cylinder, 4wheel disc brakes, power windows, and latemodel wiper motor. Vintage Air, 18-inch Boyd wheels. Cond: 1-. NOT SOLD AT $77,000. A much-better-than-new Nomad that's gone through a total restoration/hot rod transformation. The modern running gear fitted was well done, and a stunning tuck-and-roll interior made for a really nice package. The seller said no at $77,000, and although he might have more in it, that was likely all the money in this market. #2766-1961 BUICK INVICTA 2-dr hard top. S/N 6H5016568. Silver/dark silver/red vinyl. 502-ci fuel-injected V8, auto. Showquality body and paint, custom aluminum grille, rechromed bumpers with no issues. Claimed to have been completely disassembled and stripped to bare metal before repaint. Lexus door handles fitted. Took Custom Rodder top ten honors at the Charlotte GoodGuys show.

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Kruse Scottsdale, AZ #806-2006 CHEVROLET HHR wagon. Mecum's St. Paul sale in December '08, where it failed to sell at $39,000 (SCM# 118953). It was hard to find a detail that was missed on this restoration, except some of the trim was original and showing wear. Another odd bigbuck restoration on a plain sedan that made no claims of being original. This bid should have been enough to get the deal done. #471-1965 FORD MUSTANG convert- ible. S/N 5F08C774332. Blue/white cloth/blue & white vinyl. Odo: 7,051 miles. 289-ci V8, 4-bbl, auto. Mileage shown claimed since restoration. Fitted with new reproduction Pony interior, woodgrain dash, and original steering wheel. Also equipped with GT wheels, power top, and dual exhaust. Just OK body was well rare and good for parades. Cond: 4. SOLD AT $3,564. This may be a cult car, but it looked to be crudely manufactured using shelf parts. The single-cylinder 12-hp engine was an industrial unit that you'd use to power your lawn tractor. The seller was asking $15k, but he wisely settled for this bid. painted, chrome shows well throughout. Cond: 3. NOT SOLD AT $22,750. This seemed to be a decent driver that received a cosmetic redo. The top was in good shape, but it has a clouded back window. It also had lots of options like a luggage rack and running lights, but then again, you can order most anything you want for these cars. Not a bad car, but this offer should have been enough. #747-1966 CHEVROLET CHEVELLE SS 396 2-dr hard top. S/N 6613817. Blue/ blue vinyl. 396-ci V8, 4-bbl, 4-sp. Fitted with power steering, power brakes, and Positraction rear end. Rotisserie restoration complete with Redline tires, scored 998 points at the 2007 Super Chevy competition. Body, paint, and interior better than new. Cond: 2. SOLD AT $45,360. Last seen at Silver's Las Vegas sale in October '08, where it failed to sell at $47,000 (SCM# 118424). An intensive restoration had been done here, but it came out much better than new, with door posts and inner fenders Oversize wheels and tires. Cond: 4. SOLD AT $11,880. This SS convertible needed some cosmetic attention, as lots of chrome bits were rusting and the engine compartment was especially tatty. This bid reflects the fact that at least two folks had to have it, but it was a lot to spend on what amounted to little more than a nice project car. of these cars feature a cold air intake and traction control that can't be turned off. Cond: 3. NOT SOLD AT $23,300. Of the 47 GT-H cars offered here, 22 sold, with a low of $21,600 and a high of $32,400. Hertz is going to have to drag these cars to a couple more auctions, which has to cost a fortune. If this is your cup of tea, you could buy one for $25k, send it out to a detailer, and have a bargain Shelby. The market is setting the prices on these cars, and this one should have sold. ♦ #717-1969 CHEVROLET IMPALA SS convertible. S/N 164679Y050999. Blue/black vinyl/black vinyl. Odo: 50,234 miles. 427-ci V8, 4-bbl, 4-sp. Claimed to be one of only 204 made with these options. Fair repaint showing its age, new top, chrome original and dull. Engine compartment grungy but complete. and rear roll pan. 18-inch wheels, interior with suede headliner and door panel inserts. Cond: 2. NOT SOLD AT $29,000. It must have taken hundreds of hours to modify this less than threeyear-old truck. The seller must have thought he could make his money back, but at $29k, I think he should have cut his losses. #1040.1-2007 SHELBY GT-H convert- ible. S/N 12VHT85H675339766. Black & gold/black cloth/black leather. Odo: 28,245 miles. 4.6-liter fuel-injected V8, auto. One of 47 Hertz rental cars offered for sale at this auction. Shows normal wear expected on a rental return, including luggage scars on the rear bumper and multiple parking lot dings. All buffed to a flawless finish. The seller was wanting $67k, but in this market, I think he should be happy with this bid. #437-1967 KING MIDGET roadster. S/N 351. White/black cloth/black vinyl. Odo: 1,382 miles. Quickie repaint shows issues throughout, body wavy down both sides, which is probably as it was when new. Interior vinyl a bit baggy. Stated on the car card to be very S/N 36NDA23P165658275. Orange & silver/ gray cloth. George Barris Kustoms tribute, built for the SEMA show and claimed to be the most custom and award-winning HHR in the country. Body and paint truly show quality, with an eight-color prism metal flake finish complete with stripes. Top chopped two inches, door handles shaved and replaced with touchsensitive entry system. Vertical-opening front doors, fabricated pieces include bumper, grille, 98 Sports Car Market

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eBay Motors Online Sales Supercars Offering rides to random hitchhikers outside the gates of San Quentin might be slightly more thrilling... but in a different way Report by Geoff Archer Market opinions in italics speed, high-dollar, high-profile machines beg to differ. I Condition inferred from seller's descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. (sf=seller's feedback; bf=buyer's feedback) #250328577216-2008 BUGATTI VEYRON 16.4 coupe. S/N VF9SA25C48M795168. Black & silver/black leather. Odo: 282 miles. 24 Photos & 1 Video (“Top Gear” review). Troy, MI. “This vehicle is chassis 168 and the 51st one for the states. This vehicle has every single piece of documentation, books, keys, cover, battery charger, and roadside equipment with it. This vehicle has delivery miles only and has never been like a great price, at least 10% lower than others on the market at this time (Thanksgiving '08). However, 100 days later, I still don't see a positive rating for Mercedes-Benz of Manhattan, and lo-and-behold, they are now asking $10k less for the very same car on AutoTrader. Translation: SLR values are falling, and this price is not dropping fast enough to find a buyer. driven by anyone other than the factory. This vehicle boasts a whopping 1001 horse power and is capable of speed in excess of 250 MPH and goes 0-60 in just 2.48 sec.” 1 Buy-It-Now purchase, sf 51, bf 15. MSRP $1,768,796. Cond: 1. SOLD AT $1,650,000. Although eBay's revised privacy procedures do not allow me to see if the buyer was rated well for this transaction, I can have a look at the seller's feedback: No mention of the seven-figure supercar sale. Hmm. Maybe the feds shut down Madoff's AOL account before he got around to it... #370112053047-2005 MERCEDES- BENZ SLR MCLAREN coupe. S/N WDDAJ76E35M000061. Silver/red leather. Odo: 7,864 miles. 19 Photos. New York, NY. Most of the text on this auction page is a firehose full of fancified explanations of standard features (like seatbelts). Description specific to this actual vehicle is limited to exclamations in the auction title: “STUNNING! EXPORT!” If Mercedes-Benz of Manhattan calls it stunning, then I call it a #1, despite the higher (for a supercar) mileage. 1 Buy-It-Now purchase, sf 28, bf 47. Cond: 1. SOLD AT $289,995. Seemed 100 #130270166133-2005 PORSCHE CARRERA GT roadster. S/N WP0CA29865L001156. Seal Gray/black leather. Odo: 1,588 miles. 47 Photos and 1 Video. Sonoma, CA. “There is nothing as thrilling as driving this wonderful machine through the hills of Sausalito! No paint or body work, everything works exactly as new, car looks, runs and drives with precision. Selling for private f you thought eBay Motors was the realm of project Mustangs and last year's Volvo SUV, these high- Quentin might be slightly more thrilling... but in a different way, I'll admit. Well bought. Now get back to driving it like you stole it. #320299283711-1974 FERRARI 365 BB coupe. S/N 18133. Silver & black/black & red leather. Odo: 52,000 miles. 23 Photos. Las Vegas, NV. “One of only 387 of the original 365 BB series Boxers... When I purchased this car just over 2 years ago, it had a Koenig body kit on it... We ended up stripping the car down to bare metal, inside and out. It was repainted in Argento silver with the ‘Boxer trim' black lower section. The engine was pulled and almost everything was stripped, cleaned, reconditioned, or replaced. 11 bids, sf 608, bf 3925. Cond: 2+. SOLD AT $195,000. This looked like a really nice car. No interior restoration was mentioned (in fact the before and after pix looked nearly identical) and that added to my sense that it was not a #1 car. Topping the previous recent high sale (SCM# 44688) by $20k, this car was not only well sold, but it also signals a continued upward trajectory for early 365 BBs. #150297872865-1985 LAMBORGHINI LP5000 S coupe. S/N ZA9C00500FLA12795. Red/tan leather. Odo: 21,087 km. 24 Photos. San Diego, CA. “In The World Of Famously BAD Countach Colors, This Is Rare Opportunity To Own A Red/Tan Extremly Nice Car. How Many White/White Countach's Have We Seen? What Were They Thinking? A Testosterone Laden Man's Car In A Women's Color!!!!!!!!!!” Minor paint bubbling on rear wing, one small spot of checking, two wheels have curb rash. Interior looks good and dash is perfect. New PZeros, collector in Northern California. Comes with books, keys and all factory equipment except luggage. Clear, California title and spotless Carfax. Car owned by mature, responsible collector. Regularly detailed. Always indoors and always covered.” 5 bids, sf 355, bf 145. Cond: 1. SOLD AT $349,900. Offering free rides to random hitchhikers outside the gates of San Sports Car Market

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a/c blows cold. “Excellant Overall Condition.” 1 Buy-It-Now bids, sf 10, bf 1. Cond: 2-. SOLD AT $139,900. The price here was roughly double SCM's guidance for a car in this condition and $20k more than the most recent high sale (SCM# 49631). Although it is not inconceivable for an LP5000 S Countach to follow the LP400 run-up, such a deal would imply perfection that was not seen here. Very well sold. #160284613136-2001 FERRARI 550 Barchetta roadster. S/N ZFFZR52A610124163. Rosso Corsa/Nero black. Odo: 3,000 miles. 10 Photos. Cleveland, OH. 3k mi. “1 OF ONLY 448 FRONT-ENGINED, 12 CYLINDER, CONVERTIBLE ROADSTERS, BUILT FOR THE WORLD. ‘THE DAYTONA SPYDER OF THE FUTURE?' EQUIPPED WITH LEATHER #150310991564-2003 LAMBORGHINI MURCIELAGO coupe. S/N ZA9BC10U13LA12548. Pearl Orange/tan leather. Odo: 17,543 miles. 22 Photos. Everett, WA. “Custom Quad Tip Exhaust, Shinny Black Hermera Wheels with Lamborghini Crest Center Caps [available for $7k extra], Pirelli Corsa Racing tires, FRESH Window Tint, Tinted Tail lights & Marker Lights, Italian Air Horn, Orange Painted Calipers with Lambo insignia, Brand new full color rear view camera and New Pioneer AVH-P5700 DVD/CD Stereo with flip Online sales of contemporary cars. 2009 Dodge Viper ACR Fresh Meat FACTORY RACING SEATS W/CARBON FIBER SEAT BACKS, CARBON FIBER INTERIOR PACKAGE, SCUDERIA SHIELDS, MODULAR WHEELS, TUBI EXHAUST, & CD CHANGER.” 1 bid, sf 150, bf 85. Cond: 1. SOLD AT $218,500. With very few cars selling publicly, this sale essentially defines market price for the last 18 months... and probably the next 18, too. #350156227437-2003 FERRARI ENZO coupe. S/N ZFFCW56A930134603. Rosso Corsa/Nero black. Odo: 2,993 miles. 48 Photos. Boynton Beach, FL. “This Very Rare Ferrari Enzo is ‘Game Over'! There is No Other Sports Cars in the World that compares to the Ferrari Enzo!! As shown on the carfax this car had a minor single vehicle incident. This vehicle was repaired by an authorized Ferrari dealership and will be delivered with full documentation up display with remotes, Upgraded subwoofer, amplifier and speakers! All tools, keys, and books. Super clean car and fresh out of 15k mile major service at Authorized Lamborghini Dealer, Fresh Alignment, including all filters, New LP640 Sway bar bushings, spark plug upgrade, CAT Sensors, Lift System sensors, fluids and service campaigns! Price displayed is with Factory OEM wheels installed.” 1 Buy-It-Now bid, sf 309, bf 1. Cond: 2+. SOLD AT $157,888. Low-ish price befits high-ish miles (even for a creamsicle like this one). REVENTON #380065834479-2008 LAMBORGHINI coupe. S/N ZHWBU77SX8LA03148. Grigio Reventon/ gray leather. Odo: 73 miles. 13 Photos. Los Gatos, CA. 73 mi. used. “[Number] 3 of... only 10 Lamborghini Reventon's [that] have been built for the US, making it one of the most exclusive cars available today. The Reventon is named after the bull which famously killed matador Felix Guzman in 1943. The car features very distinct styling both inside and outside which is Date sold: 12/22/2008 eBay auction ID: 120349454928 Seller: Performance Jeep Dodge, Lincoln, NE, www.performanceauto.com Sale Type: New car VIN: 1B3JZ69Z89V500245 Details: Viper White w/ blue stripes over leather and suede, 8.4L SFI V10, 600 hp, 560 ft-lb, 6speed manual, ACR Package Sale result: $122,690, 1 bid, sf 14, bf 3 MSRP: $98,110 (base w/ACR) Other current offering: Bud's Chrysler Dodge, Celina, OH, www.budschryslerdodgejeep.com, asking $106,120 for red car with black stripes. 2005 Aston Martin Vanquish S Date sold: 12/17/2008 eBay auction ID: 220328810121 Seller: Aston Martin of New England, Waltham, MA, www.astonmartin-lotus.com Sale Type: Used car, 3,701 miles VIN: SCFAC24345B501806 Details: BMW Carbon Black over navy leather. 6.0L V12 Magnetti-Marelli automated manual 6-speed, 520 hp, 425 ft-lb, parking sensors Sale result: $136,199, 5 bids, sf 13, bf 229 MSRP: $267,700 (2005) Other current offering: Scottsdale Ferrari, Scottsdale, AZ, www.scottsdaleferrari.com, asking $138,000 for Tungsten Silver 2005 with 6,581 miles. 2007 Lamborghini Murcielago LP640 verifying that it was brought back to original factory specification... On 1-8-2009 This Enzo had the full two year service completed at Ferrari Of Fort Lauderdale, including a brand new clutch.” 1 Buy-It-Now purchase, sf 45, bf -1. Cond: 1-. SOLD AT $1,295,000. Two Enzos have sold at least three times on eBay Motors in the past few months. Between November and January, Exotic Motorcars raised the Buy-It-Now price on this car by $100k. Huh? Was that a contrarian response to changing economic conditions? Predictably, the thought of not coming up with more money didn't dissuade the delinquent gamers from clicking your button. Your move, Exotic Motorcars. May 2009 inspired by aircraft and the body is made entirely of carbon fiber as well as significant portions of the interior.” 1 Buy-It-Now bid, sf 1, bf 6. Cond: 1. SOLD AT $2,500,000. Appropriately, buyer feedback includes, “Some sellers don't know about 15 year olds.” I'm thinking some 15-yearolds just don't know how to have fun. Clicking Buy-It-Now isn't fun; it's just annoying. When I was 15, my best friend incinerated the interior of a neighbor's new Corvette convertible with an errant bottle rocket (from the $400 arsenal he had secretly charged on his dad's MasterCard). Step it up, punks. Give me something to write about. ♦ Date sold: 02/16/2009 eBay auction ID: 290295761182 Seller: The Garage, Miami, FL, www.themiamigarage.com Sale Type: Used car, 810 miles VIN: ZHWBU37SX7LA02377 Details: Nero Black over Q-citura interior, 6-speed eGear, Hermera wheels, yellow calipers, navigation Sale result: $250,000, 1 bid, sf 51, bf private MSRP: $311,100 Other current offering: Lamborghini Houston, Houston, TX, www.lamborghinihouston.com, asking $289,750 for a black/black 2008 eGear car with 6,678 miles. ♦ 101

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Bike Buys Bimota YB10 Dieci Dieci: Bimota's Solid 10 Watch-quality CNC triple clamps, axle spacers, frame features, and other components decorate the machine like jewels on a crown by Ed Milich T he Bimota YB10 is a marriage of performance, utility, and singular Italian engineering. With only 224 total examples created, the Dieci (“Ten”) remains a hall- mark in Bimota's progression and is an undervalued classic. The YB10 continued the Rimini, Italy, man- ufacturer's history of taking a proven Japanese powerplant and complementing it with upgraded performance and design features not limited by cost. In this case, the engine was Yamaha's FZR1000 EXUP motor, and Bimota's results were, as expected, stunning. The YB10 was designed by Pier Luigi Marconi and first presented at the Cologne Moto Show in 1990. Production continued between 1991 and 1994. Earlier 1970s and '80s Bimotas had a huge performance margin over machines from the Japanese manufacturers who supplied Bimota with engines. But by the early 1990s, this margin had narrowed significantly. As of 1991, the base model Yamaha FZR1000 still paled in comparison to the Dieci, though. The YB10's massive, rigid aluminum frame and swingarm were years ahead of the FZR's. The YB had one of the first production aluminum twin spar frames, with no lower frame rails and a partially stressed engine. Such designs are now common, having been adopted and mass-produced by Japanese manufacturers. Though its pedigree approaches 15 years of age, the YB10 is still potent. The DOHC, water-cooled, 20-valve Yamaha-powered Dieci will hold its own with modern sportbikes on a spirited ride. The powerhouse engine has three intake and two exhaust valves per cylinder and astronomical (for 1991) 12:1 compression. The Dieci features Yamaha's EXUP system, in which a solenoid-controlled valve increases exhaust system backpressure at low rpm to increase torque. Forks are early upside-down Marzocchis with rudimentary adjustments and are suf- ficient, if not modern. The rear swingarm is extruded and welded aluminum alloy with eccentric chain adjusters. Wheels are modern-sized 3.5˝x17˝ and 5.5˝x17˝ aluminum Oscams. Brakes are by Brembo, with early four-piston calipers and fullfloating front cast-iron racing rotors. The bodywork is fiberglass. CNC triple clamps, axle spacers, frame features, and other components decorate the machine like jewels on a crown. And the motor and electrics are unchanged from the production Yamaha. Perfect Dieci owner: Italian motorcycle masochist with a Desmo phobia Rating (HHHHH is best): Fun to ride: HHHHH Ease of maintenance: HHH Appreciation potential: HHHH Attention getter: HHHHH Years produced: 1991–94 Number produced: 224 Original List Price: 30,500,000 lira ($24,000) SCM Valuation: $6,000–$10,000 Tune-up cost: Under $100 DIY without valve adjust; over $1,000 with valve adjust Engine: 1,000-cc, 20-valve, 4-cyl Transmission: 5-speed, constant mesh Weight: 420 lb fueled Frame #: Tag on frame spar Engine #: Behind cylinders Colors: Red/Gray Clubs: www.bimotaclubfrance.org SCM Investment Grade: B 102 Handling is modern and inspiring The only significant change to induction is the use of Bimota's airbox. Carburetors on the YB10 are easyto-tune-and-maintain 38-mm CV Mikunis. These are far preferable to the rudimentary, frustrating FI system found on the YB8 and other early fuel-injected Bimotas. Handling on the YB10 is very modern and inspiring. Wheelies can be executed in the lower gears simply by whacking the throttle wide open. YB10s are temperamental low-production Italian machines. Still, their maintenance chores are the least Herculean of the 1990s Bimotas (unlike the Tesi, which requires a 40-hour complete engine removal to replace cam belts every third year). Most service tasks require removal of the entire fairing and gas tank, which can take as little as ten minutes. All fluids are easily serviced. Valve adjustments are required infrequently, mainly after break-in. This is fortunate, as valve adjusts require removal of the engine from the frame. Spark plugs are much easier to replace with the engine removed, too. Otherwise, the engine must be rotated in the frame to remove all four plugs. The Dieci motor gets hot, so electrical wires should be routed away from hot exhaust pipes and the exhaust fan or they can fail. Rear wheel cush drive bolts can break or back out; check these whenever the rear wheel is off. Carburetor jets on the CV carbs can ovalize and richen the intake mixture. A Factory Pro jet kit solves this and includes titanium needles for around $100. Oil filters and other sundries can be found at any Yamaha dealer. Some YB10 parts are scarce, though. Better off looking for parts in Europe The web site of former U.S. Bimota distributor Bob Smith/Motopoint recently disappeared, but parts stashes occasionally turn up on eBay. Airtech makes replacement YB10 bodywork, but YB10 owners may be better off looking for parts in Europe. Otherwise, you'll need a resourceful mechanic to maintain a Dieci—none of the eleven current U.S. Bimota dealers ever stocked these bikes in 1991. Bimota's 2000 bankruptcy effectively obliterated the then-current dealer network. Diecis respond well to freer aftermarket exhausts as well as to K&N air filters. A well-sorted stockish YB10 in sensible trim should display around 125 hp. Race-tuned bikes with little more than cam and head porting are closer to 150 hp. An aftermarket 6-speed gearbox was offered, but was not particularly necessary. There are unsubstantiated rumors of an optional factory-produced titanium kickstand. Superbike racer Dale Quarterly raced a YB10 in the WERA Endurance series in 1991. Superbike pioneer Randy Renfrow also raced the same bike. More recently, Seattle's Tim Keane rode the Quarterly Dieci to a championship with the Washington Motorcycle Road Racing Association, battling with vintage GSXR1100s, often in the rain. Unlike the earlier Yamaha-engined YB6 or YB8, YB10s were among the first Bimotas imported in significant quantities into the U.S. The Dieci was originally priced at around $24,000 in 1991 dollars and is now bargain-priced between $6,000 and $10,000, though the spare parts void probably scares off most buyers. Complete 1990s vintage Yamaha FZR motors are cheap ($1,000) and plentiful. A Dieci engine can be exercised vigorously to the 11,500 rpm redline, without fear of expensive failure, to the point that complete engines can almost be treated as consumables. Diecis make great Sunday morning rides and very manageable Italian exotics. Like most 1990s Bimotas, their prices can only climb from current levels. ♦ Sports Car Market

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Mystery Photo Answers Comments With Your Renewal Less muscle, more English.— Richard Lewis, Parkersburg, WV More bike stuff would be okay And from its cocoon emerges a new… Oh, damn, it's still a 944. —Rod Diridon Jr., Santa Clara, CA RUNNER-UP: In light of the current economy, Porsche introduces the “Buy One, Get One Half Off” campaign. Final results of the promotion are still pending.—Christian Guthrie, Hope, NJ “Push!” said the auto-obstetri- cian, and out she came.—Rich Castiello, Chevy Chase, MD This smart 944 owner tows his parts car wherever he goes.—Dan Faustman, Elk Grove, CA Porsche's idea of a family hauler before it released the Cayenne.—Ryan Mahoney, McPherson, KS Quick honey, pull over. I think the car is having a baby.—Chuck Taylor, Cypress, CA Son, when you grow up you'll have a nose and ears just like me.—Andrew Norris, Brentwood, CA One guy to the other: “What's up with those 944s?” Other guy: “Don't ask, don't tell.”—Norman Vogel, San Francisco, CA Dude, this beats a West Virginia brother-sister wedding any day. This thing got hitched to itself.—Joe Goldblatt, Rockledge, FL Similar to Dolly the sheep, the first cloned Porsche was not quite right.—Charles Benz, Neshanic Station, NJ It's not a trailer, it's my back porsch.—Al Zim, Bedford, TX Relax, Porschephiles. It started out as a 924.—Rick Albrechtson, La Crosse, WI Don't look now, but I think we're being followed.—Mike DiLeo, Brookhaven, NY Stanley's new travel trailer design was aerodynamic and easy to tow, but somewhat lacking in interior room.—Pete Warner, Taos, NM Something looks wrong with that 944. Ah yes, it's the cookie cutters.—Erik Olson, Dublin, CA See what happens when you don't replace the timing belt? It makes that 944 cheaper than an Alumalite.—Peter Zimmermann, Newbury Park, CA See, you guys are so wrong about these. They're still totally useful after the motor quits— Dale Pope, Plymouth, IN Carrera. Cayenne. Cayman. Caterpillar?—Mark Reisman, Napa, CA So much for the theory that guys who drive black Porsches are cool.—Kick Wheeler, New Milford, CT Becky thought Bill was car- rying the “granny flat” idea a bit too far.—Paul Chenard, Halifax, Nova Scotia, CAN Unable to adapt to the 944's 50/50 weight distribution, Klaus had to do something to replicate the feel of his 911.—Mike Cunzeman, Bel Air, MD Because he so cleverly man- aged to translate lepidopterology to the car world, Rod Diridon Jr. wins a soon-to-be-collectible official SCM cap. ♦ This Month's Mystery Photo Response Deadline: April 25, 2009 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@sportscarmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCM cap. Email photos at 300 dpi in JPEG format. 104 with me. Is it time for a Motorcycle Market mag? If so, sign me up.—Jeff Sheehan, Pacific, MO Would like to see more Canadian suppliers and sales data.—Victor Smith, Toronto, CAN Factual and entertaining. More auction results, less automotive history stuff.—Hobbit Inc., Fayetteville, NC Great mag.—Hazz Spengler, Bloomfield, MI I'd like to see some info on 1988–89 911 Carrera Club Sports.— Vince Vranesic, Denver, CO Great magazine.—Tim Cremer, Hobart, IN Please, when doing auction analysis on Corvettes, address docs or lack of, as this can have a major factor on the selling price.—Chris Hewitt, Bradford, MA. Chris, we agree with you, but for all cars, not only Corvettes. Chances are if paperwork is readily available, our reporters will mention that.—KM As always, you publish the best car mag out there. The only addition I would love to see is a column on vintage auto parts, as that is what I do for a living—Louis Shames, Medfield, MA Less breathless emphasis on the “million-dollar” deal would be a relief. Otherwise, it's an interesting magazine.—T.C. Postma, The Netherlands. I enjoy reading about the staff cars. Too much Ferrari. How about more Monteverdi, Jensen, Cunningham, etc?—George Anner, Santee, CA. We understand. You are looking for the Holy Grail of offthe-beaten-path car enthusiasts, the Etceterini Market Letter. - KM Excellent.—Richard Quijano, El Paso, TX I still like cars and real estate better than Wall Street.—Thom Canon, Eagle Point, OR Love the magazine. But please don't forget us small investors who think $20,000 is a huge investment.—Bruce Blackburn, Kenmore, WA My favorite magazine, and the only one I read cover to cover. More reporting on auction scams would be appreciated. How about more on automotive artists? Lawrence Pugh, Metairie, LA Still the best mag I get Thanks.—T. Wade Herren, Manassas, VA Outstanding publication, best automotive magazine I've read in 40 years.—John Mulvey, Long Beach, CA I was once the very proud owner of a 1968 Fiat 850. Please forgive me.—John Piech, Geneva, IL. You can stand tall. We all make mistakes in our youth. Besides, 850s make great planters.—KM And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin♦ Sports Car Market

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. 1997 Land Rover Defender 90 .com. Contact Stuart Carpenter at copleycars@aol .com or 781.444.4646 (MA) 1972 Mercedes-Benz 600 SWB Monza Red, 4.0l V8, automatic transmission, air conditioning, full soft top, 35k miles, one of 1,500 in USA. See our other 40 classics on the web at www .copleymotorcars.com. Contact Stuart Carpenter at copleycars@aol.com or 781.444.4646. 1974 Triumph TR6 English 1958 AC Ace Bristol 2002 Aston Martin DB7 Vantage Coupe DB906 Blue with blue, 250hp 6.3l V8, Becker radio, front and rear a/c, sunroof, 66,100 miles, longtime collector owner.See our other 40 classics on the web at www.copleymotorcars.com. Contact Stuart Carpenter at 781.444.4646 or copleycars@aol .com. 2009 Mercedes-Benz C63 AMG s/n BEX450. Excellent, well prepared, matching numbers example. Delivered new with factory race equipment. Fitted with low mile Shawn Thomas engine. Original, rebuilt engine included. Extras. $275,000. 1962 Austin-Healey 3000 Mk II Two owners, 16,000 miles, finished in British Racing Green, beige hides, automatic transmission. Immaculate condition throughout. $45,000 or best offer. Matthew L. deGarmo Ltd. 203.852.1670. website: www.deGarmoLtd.com. 1968 Jaguar XKE Convertible Restored in California 20 years ago and beautifully cared for since. Teal green, saddle leather. A great driver. $16,500. Matthew deGarmo Ltd. 203.852.1670 website: www.deGarmoLtd.com. French 1959 Renault Caravelle (Floride) Convertible (VIN: WDDGF77X49F215504), Obsidian Black Met. / black AMG premium leather, 6,500 original miles. These are very rare and very limited production. Full factory warranty to 08/06/2012 or 50k miles. Hand-built 6.3L AMG V8 engine, AMG Speedshift Plus G-TRONIC 7-speed automatic trans, 451 hp. / 443 lb-ft torque, 0-60 in 4.1 sec. This C63 AMG has every available option except the track-ready sport kit and is one of the first 2009s in the U.S. GPS, Nav, Sirius, DVD, power everything. Clean CarFax and AutoCheck reports, 1 owner since new, absolutely as-new. Offered at $65,500 OBO, or assume lease for $980/month. Brian @ 812.760.5513, or bebbmi@sigecom.net. 1959 Porsche 356 Cabriolet Serial number HBT7L/14360. Very original and solid car with an old re-paint in BRG and biscuit interior. Excellent running and driving car with new polished wire wheels. Recently serviced to correct any little thing to make the car ready to go for the spring! $37,500. 1961 Aston Martin DB4 Early Series 1 1/2 with S1 marker lights and nose. Beautifully restored example with matching numbers. Finished in white with black leather. All correct, mint throughout and ready now for trouble free touring. $65,000/fair offer. Matthew L. deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com 1968 Jaguar XKE Series 1½ Coupe German 1966 Mercedes Benz 220SE One of the best available, Rare and unusual! Desirable Bahama Yellow (“1959 NY Show Car Gold”). Original tri-tone interior, newer carpeting and top excellent. Great paint, body and trim. R-10 motor, 4 spd, 4 whl discs, drives super. Contact for more details and photos. $17900.00 Contact Michael at trvlnman@rockisland.com or 360.376.4260. (WA) Silver w/ Black leather. Beautiful, perfect, restored, matching no's, Calif Black Plate. Rare bench seat option. Private US Collector. Pictures & specs at jandwgarage.com or email jandwgarage@aol.com. 1968 Porsche 911 ABSOLUTELY STUNNING FINISHED IN PEWTER SILVER METALLIC AND TRIMMED IN BLACK LEATHER. VERY WELL PRESENTED AND MAINTAINED. INVESTMENT QUALITY EXAMPLE THAT CAN BE SHOWN OR DRIVEN. $199,500. Contact Norbert Bries at nbries1@tds.net or 847.247.0447 www .northshoresportscars.com. 1967 Aston Martin DB6 Finished in Primrose yellow with black leather. A really nice, straight, rust free example. Runs and drives beautifully. Needs absolutely nothing to start driving and enjoying now. $39,500 Firm. Matthew deGarmo Ltd. 203.852.1670 Website: www .deGarmoLtd.com. 1973 Jaguar E-type Convertible Cabriolet, leather, exceptional condition, Brumos Mercedes Benz maintained. AM/FM, AT, AC. No expense spared #1 quality restoration. Excellent paint, wood and chrome. $95,000. Contact: Dr. Wellington C. Morton, 904.230.4448. 1971 Mercedes Benz 280SE 3.5 cabriolet Excellent car overall, 20 year old paint nearly flawless. Original ivory interior. 60K miles from new. Overhauled engine to “S” specs 1500 miles ago. This car runs and drives perfectly and needs nothing for for reliable driving. Drive it every day! $34,000. 1989 Porsche 911 Carrerra Best LHD available. Restored to perfection in Silver Birch and Black. Vantage. Many options. Private U.S. collector. Pictures & specs at jandwgarage.com or email jandwgarage@aol.com. 106 Manual w/ wires. Fresh cosmetic restoration by leading specialist that included euro bonnet, bumpers & many new parts. Spectacular throughout. $70,000 or reasonable offer. Contact James Holbrook at jholbrook01@yahoo.com or 949.300.0708, (CA) DB423 Tobacco Brown w/cognac, floor shift automatic, Behr a/c, Becker radio, restored 2004, manuals, tools, jack, one of 801 USA models. See our other 40 classics on the web. www.copleymotorcars Very clean and original San Diego car. Owned 10 years,nearly all records,carefully maintained and Sports Car Market

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SCM Showcase Gallery garaged. Beautiful color combination with blue top, clean CarFax, can send a records PDF via email. $17000.00. Contact Jim Scott at jim@sqre.com or 619.920.9511. 2002 Porsche 911 Turbo enthusiast owner, manuals, tools, jack.See our other 40 classics on the web at www.copleymotorcars.com. Contact Stuart Carpenter at copleycars@aol.com or 781.444.4646. 1999 Ferrari 550 Maranello service. $67000.00 Contact Steve Case at steve .case@comcast.net or 503.640.8878. 1970 Maserati Ghibli 4.7 Spider Trepel at 917.301.4799 or email ltrepel@gmail .com. Factory Five Cobra Racer Guards Red/Black Full Leather red stitching, exc. cond., records, sunroof, 5-spd Tiptronic-S, 415hp, $18K in options, Guards Red console, heated Sport Seats, Pioneer Navigation, Bluetooth, $128K orig. sticker. $64,995. Brad Hunt, Brad@DMD-LLC.com, Los Angeles, 818.706.0580. Italian 1957 Alfa Romeo Giulietta Sprint Veloce One woman owner, 4000 miles. Six-speed manual. Finished in silver blue metallic, dark blue leather. Ferrari Shields, electric seats. Timing belts done. $89,000 or best offer. Matthew L. deGarmo Ltd. 203.852.1670. www.deGarmoLtd.com. Lightweight, s/n 04067. Stunningly original. 32,219 kms. 1 0f 100 built. Never raced, always pampered. Special order features. Ideal Mille Miglia entry. $199,500. 1963 Alfa Romeo Giulietta Spider Normale A very sexy Italian roadster with gutsy performance and superior handling. This is a well maintained example refinished in gleaming black and fitted with proper black canvas top. Owned nearly 20 years, non rusted original floors and body panels. Low mileage showing. ENJOY YOUR INVESTMENT! $32995.00. Contact Norbert Bries at nbries1@tds .net or 847.247.0447 www.northshoresportscars.com. 1972 Ferrari 365 GTC/4 (VIN: ZHWBU16M83LA00712), Silver/Black full Connolly leather, 6-spd. trans., 8,100 original miles, 6.2L V12, 575 hp & 650 ft-lb torque. Drive-by-wire with OBD on-board diagnostics, full time AWD, ABS & DRP, Alpine stereo, custom exhaust, 3M clear bra, Pirelli tires. 2 owners since new, clean CarFax and AutoCheck reports, all books & manuals. Offered at $165,500 OBO. Brian @ 812.760.5513 or bebbmi@sigecom.net. 1965 Maserati 3500 GT 2003 Lamborghini Murcielago American 1957 Arnolt-Bristol Pistol grip 4 sp, 440-6 shaker hood, low mi on better than new quality resto, totally detailed, all metals polished to perfection, power conv. top, P.S.,P.B, legendary interior, seat belts restored by Snak-oyl, rim blow horn, 6-way seat, hemi suspension w/rear stabilizer, original 383 w/air on engine stand w/parts. All paperwork, manuals, receipts, real head turner. $78,000. Contact Dan at 508.872.5312. s/n 404/X/3046. Dedicated Arnolt factory team car with 1961 Sebring 12 Hour history. Bristol disc brakes fitted by factory in period. Ideal entry ready for tack and tours. $285,000. 1966 Chevrolet Chevelle SS 396 1967 FORD GT40 MKIIB 11.5k miles. Original owner offers this beautiful Coupe in “Grigio Touring”, luxurious medium & dark grey leather with grey piping. Stored in HVAC garage, never damaged in any way, original Pirelli tires, all books, keys, and tools from new. $39,500.00 Located in Danville, CA, call 510.387.2328. 1969 Corvette, 16k miles, very clean, a steal @ $22500. 910.261.9636. 1970 Dodge Challenger R/T Convertible One owner, 5000 miles, belt service just done. Dark blue, red leather. Absolutely mint throughout, untouched books and tools. Best offer above wholesale. Matthew L. deGarmo Ltd. 203.852.1670. www .deGarmoLtd.com. 2002 Ferrari 360 Modena 1 of only 125 examples of Giugiaro's glamorous open Ghibli. Beautiful condition. 28,000 miles. Drives very well. Great event car. 5-speed, power steering with telescopic tilt. $249,500. 2002 Maserati CambioCorsa Four hundred horse 331. T5. Fast, sturdy, cheap. $18.6. John Erskine, 360.636.2357 JOHNERSKINE123@MSN.COM. McBurnie Daytona Excellent, complete and original 40K mile car with lovely original tan interior. Blue Chiaro Paint is cracking but is totally original. Engine overhauled in the mid 90's, about 4000 miles ago. Brakes overhauled, new XWX tires in 2008. One of the best V-12 Ferraris to drive. $120,000. 1974 Ferrari 246 Dino GTS convertible Touring design 2+2 coupe, 3.5l in-line 6 cylinder engine, ZF 5 speed transmission, triple Weber carburetor conversion, 4 wheel disc brakes, Borrani wire wheels with knock-off hubs, well preserved 15 year old restoration. Contact Stuart Carpenter at copleycars@aol.com or 781.444.4646 (MA) www .copleymotorcars.com 1967 Maserati Mistral Coupe Numbers Matching L34 and M20, Aztec Bronze, bronze interior, headrests, knee-knocker tach, clock, pwr steering, few miles since 2005 restoration, southern U.S. car. $48,000 sdavie@westernzagros .com. 1964 Chevrolet Monza GT40 Mk IIB chassis #P/1047B is one of a handful of cars that stand apart from GT40 replicas, having been built from leftover components from the original GT40 production. Built by noted GT40 expert and restorer Bryan Winfield in the mid-1980s. It later benefited from a four year, six-figure restoration by noted restorer Jeff Dodge, to Mk IIB 1967 Le Mans specs. 427-ci Side-Oiler V8 Engine, 600 hp. Sold on Bill of Sale only. $250,000. Bowman Motors, 650.216.6740, kevin@bowmanmotors.net. 2006 FORD GT Coupe Heritage Edition Red with tan, S/N 07738, USA model, power windows, air conditioning, 41,000 miles, longtime 108 4.0 Liter 5-Speed, Webers Borrant Wires with new Pirellis, carpet, Becker mexico $ exhaust. Recent full Unique one owner, completely original car. Superb appearance and drivability, 72K miles. Original title and manual. $8800.00. Private owner, call Lawrence On Factory MSO with 482 Original Miles. Hennessey GT700/710-hp engine upgrade. Heritage Blue paint Sports Car Market

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with Epic Orange stripes commemorates Gulf Oil Racing. Aluminum space-frame chassis with aluminum body panels and aluminum/carbon engine cover. Supercharged 5.4-liter V8, Ricardo 6-speed manual, 230 mph. Brembo ABS vented discs, all factory options. 0 - 60 mph in 2.9 sec. Bowman Motors, $195,000. Contact kevin@bowmanmotors .net or 650.216.6740. 1970 Mustang Mach I Ginetta This Ginetta has extensive race history. 1.6 litre Ford Cosworth engine, excellent condition. BILL OF SALE only, no title. Ready to race. najeeb@khan3.com, 574.206.2377. 2009 Lucra Cars LC470 Convertible Boss clip, 460 power with Prescot carb and NOSOZ 3 phase stainless injection. Enlarged oil pan. Automatic and 9 inch locking differential. Ford drag pack suspension. $35,000. Contact Gerry Schafer at 250.554.3240 or gerryschafer@shaw.ca. Race BMW 540i Race Car 0-60 in 3.3 seconds (in 1st gear with 400hp) -Carbon fiber body -Cast aluminum suspension (fully adjustable front and rear.) -1950 lbs (with 53% rear bias) -1.4 gs of side load during cornering on street tires -Available with any aluminum GM V8 or Ford engine. Driving the LC470 brings unlimited attention on any roadway with it's classic styling and outrageous performance. Prices starting at $69,900.00. Please Call Luke Richards at LCSales@me.com or 310.948.1489 www.lc470.com. Race day,Track, HPDE prepped. 2875 pounds. Full race legal TCI cage! FAST, safe, reliable. All new this year. Never crashed, original paint. This car is really nice! $5950 (805) 466-1015 or: automojo@hughes.net. 1971 B-Production Corvette Other 1980 Peterbuilt Race Car Hauler Probably one of a handful left. Original B-Prod. Vette as raced –always a Race Car. Original paint/livery, SCCA stamped cage, tilt front ect. All mechanicals re-freshed. Fast, race ready, safe. Poster child candidate for proper Vintage Race Car. Simply really nice. $25.5 O.N.O. No disappointments! 805.466.1015 or automojo@hughes.net. Formerly owned by Terry Jones (California). We have owned the truck since the early 2000's. The truck is allways stored inside and only used for vintage events. ‘60 Enclosed canopy overhang with new 12X12 interconnecting tiles. Allways maintained. Beautiful oak interior with polished aluminum ramps to hold four small race cars. Polished stainless steel outside cabinets and gas tank. Generator. The best vintage transport on the Planet! $79,995. More Photos on our website: www. continentalautosports.com. Call John Weinberger directly 630.655.3535 (office) or 630.660.4144 (mobile). ♦ May 2009 109

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x222 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfields. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfields.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualified professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www .rmauctions.com. (CAN) Russo and Steele Collector AutoCarlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) mobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www .russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specializing in restoring and trading the finest and rarest American muscle cars. We are the home of Speed TV's “Dream Car Garage.” We are a professional, discreet, and fair buyer for your quality American muscle. www.legendarymotorcar.com. Shelby American Automotobile Club. 860.364.0449, 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) Appraisals USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com toll free: at 800.872.7772 www.usappraisal .com. (VA) Automobilia Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations .com. Buy/Sell/General Auto Appraisal Group. Gooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest examples of collector vehicles at the most prestigious auction venues. Our team of well qualified experts will advise you on current market values. Gooding & Company presents the official auction of the famed Pebble Beach Concours d'Elegance in August and record-setting Scottsdale Auction in January. www.goodingco.com. (CA) H&H Classic Auctions. +44 8458 334455, +44 8458 334433. The Motor House Lyncastle Road Warrington England. WA4 4BSN www.handh.co.uk. (UK) The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. 950 Greenlee ST, Marengo, IL 60152-8264. Auctions: Kissimmee, Kansas City, Indianapolis, St. Paul, Bloomington Gold, Des Moines, Columbus and Chicago. “Mecum Auction: Muscle Cars & More” on Discovery Network's HD Theater. www.mecum.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www.classiccarauction.com. (CA) Motoring Investments. 619-238110 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Alfa Romeo Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Efficient, personal service. 510.525.9435. (CA) 800.848.2886, Offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certified, confidential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars Appraisals. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www .caldreamcars.net. (CA) 2shores International. 920-945- 0450, 920-945-0450. International marketing services for collector cars. New Showroom in the US! Take advantage of our experience in the global collector market. Based in Wisconsin, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Call Jurgen today! www.2-shores-classics. com. (WI) American cializing in vintage automobile restoration, auctions and appraisals. www .rmauctions.com. (CAN) Brighton Motorsports. Gooding & Company. 310.899.1960, Gooding & Company's experts are well qualified to appraise automotive and collectible estates. Whether it is the creation of a foundation, living trust, or arrangement of a charitable donation, we are able to help you. www.goodingco .com. (CA) 480.483.4682, Brighton Motorsports, Scottsdale Arizona is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also have a state of the art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports .com. (AZ) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualified professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house spe- Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; Sports Car Market

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great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com www.classicshowcase.com. (CA) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the finest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.”www. legendarymotorcar.com. offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Collector Car Insurance Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Grundy Worldwide. 800.338.4005, Paul Russell and Company. 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of classic European sports and touring models from pre-war through 1960s. Successfully brokering Mercedes-Benz, Ferrari, Porsche, Jaguar, BMW, Alfa Romeo. Guidance given with emphasis on building long-term relationships. Sales Manager Alex Finigan: Alex@paulrussell .com www.paulrussell.com. (MA) With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Inflation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy.com. (PA) Motoring Investments. 619-238- 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Ferrari/Maserati/Lamborghini Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com www.classicshowcase.com. (CA) for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets.com. (CA) German Carobu Engineering. 949.722.9307, Heacock Classic. 800.678.5173, We Specialty Car Source. Specialty- CarSource.com is the premier source for buying and selling classic and modern specialty cars. List your car for 12 weeks for only $19.95. Dealers can list an unlimited amount of inventory for one low fee. Visit www.specialtycarsource.com today. www.SpecialtyCarSource.com. understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic .com. www.heacockclassic.com. (FL) Motor Sport Personal Accident The Bridgehampton Motoring Club. 631.537.5001, The Bridgehampton Motoring Club is unlike any collector car facility in the nation. We provide 24 hour key card access, humidity and temperature control, comprehensive video security, epoxy floors, tasteful lighting, rare automobilia, and most importantly services: Pick-up and delivery, battery maintenance, bi-weekly mechanical integrity routines, and detailing. Every member of BMC has unfettered access to their collection. Finally, the perfect way to enjoy your passion. www.bridgemc.com. Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specific events. Please contact Mark Cooke and or Kevin Way. English Motoring Investments. 619-238- 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Randy Simon. 310.274.7440, Aston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www .astonmartin-lotus.com. (MA) Woodies USA. 480.694.7929, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Scottsdale, Arizona. www.woodiesusa.com. (AZ) Classic Car Transport Motor Auto Express, Inc.. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We May 2009 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) Motoring Investments. 619-238- 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Import/Export Cosdel. (415) 777-2000, (415) 543- 5112. Don't puzzle over your shipping needs. We are your solution.Martin E. Button, Inc./Cosdel International Transportation 55 New Montgomery Street San Francisco, CA 94105 info@cosdel. com The Import-Export Expert www .cosdel.com. (CA) Inspections T. Rutlands. 800.638.1444, The Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags.com. (AZ) largest independent Ferrari parts source in the business. Our vast inventory includes new, used and rebuilt parts for vintage and contemporary Ferraris. Buy your parts where the Ferrari shops do. Now, shop 24/7 at www.TRutlands.com www.TRutlands.com. (GA) Garage/Tools Baldhead Cabinet Company. 877.966.2253, Offering a fine selection of quality metal garage cabinets suitable 111 Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. www.carobu.com. Mercedes-Benz Classic Center. 1-866-MB-CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts – for vintage car sales, meticulous restorations by manufacturer-trained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www. mbclassiccenter.com. (CA) Automobile Inspections LLC.. 860.456.4048, “When you need the job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT)

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RESOURCE DIRECTORY Parts and Accessories of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We finish your projects. supercharged@alltel.net. (OH) Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) Restoration - General The Healey Werks. 800.251.2113, Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. www.carobu.com. 712.944.4940. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refinishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks .com. (IA) Sports and Competition Morris and Welford. 714.434.8562 Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags.com. (AZ) F. Roxas, Inc.. (708) 598-1000, The Only Thing Better Than New Is A Fran Roxas Restoration. Recent restorations include Duesenberg, Packard 12, 8-liter Bentley, Cadillac V16, Delahaye, Stutz DV32, Ferrari, 1950's & 60's Concept Cars. We take pride in enhancing our clients investments by bringing these truly one-of-a-kind cars back to life. Maybe, an even better life. The quality of our work has been nationally recognized since 1970 with consistent 1st place winners at concours shows around the world. F. Roxas, Inc. 708.598.1000. Bridgeview, IL /203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www. morrisandwelford.com. (CA/CT/United Kingdom) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualified professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www .rmauctions.com. (CAN) Vintage Events Place an online order within 30 days of April 15th, 2009 and get FREE shipping with a minimum order of $200. Add SCM in the comments section of the order form to qualify. Alfa Romeo • Fiat • Ferrari Lamborghini •Lancia • Maserati Register online or call for free catalogue. 503 655 9811 P.O. Box 515, West Linn, OR 97068 USA Legendary Motorcar Company. 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www .legendarymotorcar.com. (ON) Muscle Car 1000. 949.838.7076, Performance Restoration. 440.968.3655, High-quality paint, body, mechanical service. Discreet installation October, 2009. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fine wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www.musclecar1000.com. (CA) ♦ 112 Sports Car Market

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Advertise in the SCM Resource Directory Includes Web Listing! FOR INFORMATION: Call 877.219.2605 x 211 e-mail: scmadvert@sportscarmarket.com May 2009 113

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Carl Bomstead eWatch Mother Road = Mother Lode SCTA tag zooms to $1,525, Route 66 is still the highway that's the best, and Cadillac sign seems to be pot luck Thought Carl's As the financial world continues to spin, it seems some folks still have a million bucks lying around to throw at an empty Gatorade bottle. As Bob Kimball reported in a recent USA Today article, the bottle was one that Tiger Woods supposedly drank from during the 2007 PGA Championship. It was offered on eBay, where it brought the million-dollar bid. That auction met the same fate as the one for the apple Tiger had a bite from at last June's U.S. Open. Since his DNA is the proof of the pudding here, the auctions were halted by eBay under their human remains and body parts policy. Shoot, seems that cash for trash, even if it's Tiger's, could provide a little innocent entertainment in these trying times. Here are a few others items I found, which, while not quite selling for a million, seemed pricey enough. EBAY #230322749800—1940 HARPER DRY EBAY #380097406205— 1949 JAPAN OCCUPATION U.S. FORCES LICENSE PLATE. Number of Bids: 74. SOLD AT: $1,038.53. Date Sold: 1/25/2009. This was the first license plate issued to the United States occupation forces in Japan and was issued to the Provost Marshall. It was in asnew condition, so it is doubtful it was ever on a car. Received all kinds of interest and sold for an aggressive price, but unusual plates with low numbers are very sought after and often sell for silly money. LAKES SCTA TIMING TAG. Number of Bids: 13. SOLD AT: $1,525. Date Sold: 2/06/2009. This SCTA (Southern California Timing Association) timing tag was dated May 19, 1940, and states the Federal Mogul, owned by Bud West, covered the quarter-mile in 8.33 seconds at a speed of 108.04 mph. This is one of the earliest timing tags to surface and it was in excellent condition. Early tags are sought after and sell for adult money. Even so, considering the condition and rarity, the price paid was not unreasonable. EBAY #350162494086—1913-1919 CADILLAC MOTOMETER HOOD ORNAMENT. Number of Bids: 14. SOLD AT: $1,275. Date Sold: 2/11/2009. This was the deluxe Motometer with the wreath retaining ring. It was in very nice condition for its age but was mounted on a rather basic radiator cap. I did a ouble-take at the final selling price, as it was three or our times what I'd have expected. In these tough times we should all see if we have a few extra Motometers kicking around in the garage. EBAY #300290481558—BRITISH DOMINIONS SERVICE AGENT PORCELAIN SIGN. Number of Bids: 3. SOLD AT: $4,500. Date Sold: 2/02/2009. Many early European signs used a lithographed porcelain procedure that provided highly detailed images. Metal had been welded to the top corners of this unique sign, and it had several other areas where the porcelain was damaged, but the image of the race car was fantastic. Most European signs are not of much interest to U.S. collectors, but this one was an exception. In better condition it would have sold for double what was paid here. EBAY #160312169813—CADILLAC SERVICE PORCELAIN SIGN. Number of Bids: 2. SOLD AT: $3,045. Date Sold: 2/01/2009. The 42˝ doubled-sided porcelain sign was in decent condition, with a few dings at the mounting holes. The blues appeared vibrant, which is often an issue with older porcelain signs. Price paid seemed fair, although these fairly common signs sell all over the board. Another example was offered with a Buy-It-Now price of $4,700 and no takers. However, we have watched three sell at recent auctions with prices of $7,000, $3,300, and $1,650. Pricing these is not an exact science. SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 114 EBAY #110351375008— ORIGINAL ROUTE 66 MISSOURI HIGHWAY SIGN. Number of Bids: 17. SOLD AT: $2,925. Date Sold: 2/20/2009. Route 66, “The Mother Road,” started in Illinois and passed through eight states before ending in California. This embossed steel road sign from Missouri was a little beat-up, but it was original. It was the second design and was in use from 1936 until about 1949. If you think this was silly money, imagine what a Route 66 sign from Kansas, where it only covered 13 miles, would go for. EBAY #190281660264— “INDIAN ON SNAIL” AUTOMOTIVE MASCOT. Number of Bids: 15. SOLD AT: $2,125. Date Sold: 2/01/2009. This British mascot was manufactured by A.E. Lejeune and dates to the 1920s. It was sculpted by C.H. Paillel and is a ther odd subject for a mascot, but there is a similar one with a naked nymph riding a snail. Guess back then some folks had some weird associations between snails, nymphs, and ndians. Fair enough money. POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market