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Pebble Beach Weekend Coverage 212 Cars Rated ble Beach Weekend Coverage 212 Cars Rated The McQueen Fa ble Beach Weekend Coverage 212 Cars Rated The The McQueen Factor Persol Glasses—$70k Cameo Pickup—$128k Ferrari Lusso— $2.3m November 2007 Muscle in Monterey Christie's Bids Farewell www.sportscarmarket.com

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends RS 61—Last and best of the 550s 52 Along came a Spyder 62 Tale of two Allards November 2007 .Volume 19. Number 11 54 911S—garage queen no more? IN-DEPTH PROFILES What You Need To Know 42 1963 Ferrari 250 GTL “Lusso” Berlinetta Why McQueen's Lusso was worth $2.3 million. John Apen 48 1931 Bentley 4 ½ Liter Supercharged Boattail Roadster “Green Hornet” Bentley nets $4.5 million. Simon Kidston 52 1931 Alfa Romeo 6C 1750 Zagato Spyder Stripped-to-the-bone Alfa is pure gold at $946k. Donald Osborne 54 1968 Porsche 911S coupe When “no expense spared” makes no sense. Jim Schrager 58 1903 Cadillac Runabout Rear-Entrance Tonneau The oldest known Cadillac finds a new home for $337k. Carl Bomstead 62 1952 Allard Cadillac JR “Le Mans” Roadster Allard “Le Mans” prices are still a lap down. Thor Thorson Cover photograph by William Claxton / Courtesy of Demont Photo Management, LLC GLOBAL AUCTION COVERAGE 212 Cars Examined and Rated at Six Sales 70 Bonhams & Butterfields, Carmel Valley, CA Classics, muscle, and racers total more than $8.1m. Donald Osborne 78 Christie's, Monterey, CA Christie's final sale, an $8.1m curtain call with one superstar. Dave Kinney 88 RM Auctions, Monterey, CA $5m Ferrari Cal Spyder leads the charge at this $47m sale. Carl Bomstead 98 Gooding & Company, Pebble Beach, CA Tweny-one million-dollar lots push results past $61m. Paul Duchene 110 Russo and Steele, Monterey, CA Great cars and realistic reserves bring $10m at the Marriott. William “Chip” Lamb 120 Kruse International, Seaside, CA 21% sell-through and $523k total sales inside the white tent. William “Chip” Lamb 126 eBay Motors Offerings from the do-it-yourself types. Geoff Archer

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4 The Quail0 COLUMNS 8 Shifting Gears The pitfalls of second best Keith Martin 34 Affordable Classic Taking a chance on an Alfa GTV6 Rob Sass 36 Legal Files Enzo crash takes another turn John Draneas 46 Sheehan Speaks Connecting Ferraris to the art world Michael Sheehan 50 English Patient Monterey gets another show Gary Anderson 56 Porsche Gespräch How to get $176,000 for your 356 Jim Schrager 60 Domestic Affairs Monterey and the muscle car market Colin Comer 132 Motobilia What if you bought a reproduction? Carl Bomstead 134 Bike Buys My Moto Guzzi near-miss Paul Duchene 146 eWatch EBay revises its rules (again) Carl Bomstead FEATURES 38 End of an Era: Christie's Turns in its Collector Car Keys 40 Motorsports, Gathered:Gourmet Cars at The Quail 64 We Were There: SCM's Monterey Reflections DEPARTMENTS 14 Crossing the Block / Auction Calendar 16 The Inside Line 20 You Write, We Read: Final words on Alfa TZs and the China Rally 22 Display Advertisers Index 26 Neat Stuff: Eye candy 28 In Miniature: 1924 Hispano Suiza H6C, 1961 Aston Martin DB4GT Zagato, 1965 Ferrari 275 GTB/C 30 Icons: Stylish mirrors, go-faster tires, and Speedpilots 32 Our Cars: 1965 Alfa Romeo 1600 Giulia Sprint GTA, 1976 Lancia Beta Coupe, 1931 Nash Series 890 4-door Touring Sedan 35 20 Year Picture 85 Glovebox Notes: 2008 Audi TT Coupe 3.2 S-tronic quattro, 2007 BMW M6 Coupe 93 Museum Spotlight: Larz Anderson Auto Museum 117 Alfa Bits 127 FreshMeat: 2008 Mercedes-Benz CLK63 AMG Black Edition, 4 The Qua 4 The Qua 4 The Qua 4 The Qua l0 COLUMNS 8 Shifting Gears The pitfalls of second best Keith Martin 34 Affordable Classic Taking a chance on an Alfa GTV6 Rob Sass 36 Legal Files Enzo 0 COLUMNS 8 Shifting Gears The pitfalls of second best Keith Martin 34 Affordable Classic Taking a chance on an Alfa GTV6 Rob Sass 36 Legal Files Enzo crash takes another turn John Draneas 46 Sheehan Speaks Connecting Ferraris to the art world Michael Sheehan 50 English Patient Monterey gets another show Gary Anderson 56 Porsche Gespräch How to get $176,000 for your 356 Jim Schrager 60 Domestic Affairs Monterey and the muscle car market Colin Comer 132 Motobilia What if you bought a reproduction? Carl Bomstead 134 Bike Buys My Moto Guzzi near-miss Paul Duchene 146 eWatch EBay revises its rules (again) Carl Bomstead FEATURES 38 End of an Era: Christie's Turns in its Collector Car Keys 40 Motorsports, Gathered:Gourmet Cars at The Quail 64 We Were There: SCM's Monterey Reflections DEPARTMENTS 14 Crossing the Block / Auction Calendar 16 The Inside Line 20 You Write, We Read: Final words on Alfa TZs and the China Rally 22 Display Advertisers Index 26 Neat Stuff: Eye candy 28 In Miniature: 1924 Hispano Suiza H6C, 1961 Aston Martin DB4GT Zagato, 1965 Ferrari 275 GTB/C 30 Icons: Stylish mirrors, go-faster tires, and Speedpilots 32 Our Cars: 1965 Alfa Romeo 1600 Giulia Sprint GTA, 1976 Lancia Beta Coupe, 1931 Nash Series 890 4-door Touring Sedan 35 20 Year Picture 85 Glovebox Notes: 2008 Audi TT Coupe 3.2 S-tronic quattro, 2007 BMW M6 Coupe 93 Museum Spotlight: Larz Anderson Auto Museum 117 Alfa Bits 127 FreshMeat: 2008 Mercedes-Benz CLK63 AMG Black Edition, Undoubtedly Undoubtedly the best T&C I've ever seen, but what about that steer's head? It's an essential part of the car's history, so I suppose you have to live with it.—Paul Duchene's report on the Gooding & Company sale begins on p. 98.

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Shifting Gears Keith Martin Why Market-Driven Beauty is Only Skin Deep B uckle your seatbelts and tighten your shoulder harnesses. Based on the results from Monterey, the collector car market is in the midst of a wild and woolly ride, with little way of predicting the crests and valleys in the year ahead. There are a few things we can all agree on as we plow through the voluminous reports by SCM analysts in this issue. First, both American classics and European sports cars continue to climb—some with reason and some without. For instance, the prices made by the two LWB California Spyders sold, RM's at $4,950,000 and Gooding's at $4,455,000, didn't surprise. These are rare, handsome, and historically important cars. And frankly, in the world of real collectibles, $5 million just doesn't buy you much these days. And it goes without saying, as we watch the dollar sink to new lows against the pound and euro, that even as hammer prices are going up, collector cars sold in America are getting proportionately cheaper for our friends across the Atlantic. On the American side, it's good to see properly presented and inter- estingly bodied Duesenbergs, Cords, and Auburns—exemplified by the 1935 Duesenberg SJ Town cabriolet at RM for $4,400,000—hit highsix figures with regularity, and seven figures now and again. While lacking the global appeal of the European cars, the ACDs are a key part of American motoring history, and, in their era, represented the very best product we could produce. Those of us who have been around the collector car market for 20 years have already been through this once. We know nothing lasts forever, and that the precursor to a market adjustment is second- and third-tier cars making big jumps in price. Just Say No to Big Ferraris Take for instance the “Queen Mother” of Ferraris. I'm not a fan of Ferrari 365 GT 2+2s at $150,000. Yes, I know what they cost to restore, and that makes them still a bargain at a buck-and-a-half. But “bargain” is rarely a defining term when it comes to “collectible.” For me, the 365 is still a ponderous, visually ungainly car that, until the supersized 612 Scaglietti made its appearance, represented “just too much” for a Ferrari. And I don't get Nash-Healeys at above $200,000. Okay, let's give them their limited production (506 cars from 1951 to 1954), and the fact that they are eligible for some mouth-watering events including the retro Le Mans and Mille Miglia. They are slow cars with primitive suspensions, and their front-end styling that reminds one of a mastodon wearing bifocals. I'm not going to argue with the market, but if I had $200,000 to spend, it certainly wouldn't be on one of these. I fully support the soaring market values of Lamborghini Miura SVs, where spending $1,000,000 for one no longer marks you as totally wacked out, it just means you're about 30 days ahead of the market. But 400GTs above $300,000? That's an example of a rising tide that is lifting all the flotsam and jetsam that happens to have a bull on its nose. The 400 is not a super-performance car, nor is it noteworthy historically on a grand scale. And have you ever heard anyone describe the bubble-eye goldfish front headlight treatment as “fetching”? Let's consider Maserati 3500 GTs. They are handsome, if some- what clunky to drive, with their long-stroke 6-cylinder engine. At the $30,000 to $40,000 they brought from 1990 to 2004, they were clearly underpriced. But are they $100,000 cars—what a good one will bring today—for the long term? The market may say they are, but I have my doubts. Certainly, to repeat what SCM marketers are saying, sophisticated collectors continue to step up for special cars, be they the 80-miles only Garrison Daytona Spyder at $2,035,000, or the 1968 L88 Corvette for which Bonhams & Butterfields got $254,500. I like those prices, and I applaud those collectors for making smart buys. High Values Don't Make for a Better Car I continue to caution that those who buy second-tier collectibles at inflated prices just because top-tiers are doing well are fooling themselves in terms of return on investment. A mediocre 356B Cabriolet bought at $90,000 today is more likely to drop to a mediocre $45,000 when the market corrects than a stellar $170,000 car is to $85,000. We wrote two months ago that if you had owned an expensive col- lector car for a long time, had done everything you had wanted to with it, and could use the long-term capital gains to do something else with your life, it was a good time to sell. We would like to add now that if you have always wanted a col- lectible car, and the models you lusted after have soared beyond your means, think carefully before acquiring an example of a lesser model just because you are afraid it too will soar. Buying the GTC/4 you've never really cared about because Daytonas have gotten too expensive is “first-loser” logic; if you didn't buy a C/4 in the past because you didn't like its clown-lips bumper or hunchback rear decklines, it's not going to be any more attractive now that it has doubled from $65,000 to $130,000. Instead, find another model, of a different marque, that hits your hot button and fits your budget, and buy that instead. Learn to define exactly what it is in a collector car that brings you satisfaction. Those things are different for everyone. Then analyze your budget and take your pick from the resultant group. Few among us have the resources to simply buy what we want at any price. The secret to finding fulfillment in collecting is to realize that collecting cars comes with limitations (like everything else in life), and if you embrace those limitations and strive for the best decision within the parameters you have to work with, chances are you will be much happier when you look into your garage.♦ I'm sure your mother thinks you're lovely 8 Sports Car Market

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Crossing the Block Jim Pickering Bonhams— London to Brighton Veteran Car Run Where: London, U.K. When: November 2 More: www.bonhams.com Last Year: 5 cars sold / $384k Several pre-1905 cars eligible for the London to Brighton run will go under the hammer at this year's event, and among them are a 1902 Argyll 8hp Rear-Entrance tonneau expected to bring $120k–$160k, a 1902 Darracq 9hp Swing-Seat tonneau estimated at $100k–$120k, and an 1899 Marshall 5hp Dog Cart that could raise $120k–$200k. Kruse International—November Classic Where: Auburn, IN When: November 2–4 More: www.kruse.com Last Year: 98 cars sold / $1.1m The 480-acre Kruse Auction Park will again play host to this event, with over 500 vehicles planned to cross the block over three days. Expected consignments include a fully restored 1937 American Bantam coupe, a numbers-matching restored 1969 Chevrolet Chevelle SS 396 2-dr hard top, a 1949 Nash 600 Statesman, and a 1962 Rambler 400 convertible. The Worldwide Group— The Hilton Head Auction Where: Hilton Head, SC When: November 3 More: www.wwgauctions.com Last Year: 54 cars sold / $3.3m Held in conjunction with the Hilton Head Concours d'Elegance, this year's event will feature a collection of 36 vehicles from the Walter B. Satterthwaite Estate. A 1929 Stutz Black Hawk, a 1951 Allard K-1, and a 1940 Mercury Convertible Sedan will be available, as well as a 1909 Peerless Model 19 in barn-find condition and a 1912 Peerless Model 36 believed to be the only one in existence. Potts Auction Co.— Atlanta Motor Speedway Where: Hampton, GA When: November 10 More: www.pottsauction.com To be held in the Nextel Cup and Busch garages at the Atlanta Motor Speedway, this event will feature a swap meet, car corral, 14 1958 Cadillac experimental car at RM and a trade show all in one. Sports cars, classics, customs, and American muscle will all be on hand, with the auction taking place on the racetrack's infield. Leake Auction Company— Dallas Fall 2007 Where: Dallas, TX When: November 16–18 More: www.leakecarauction.com Last Year: 286 cars sold / $7.6m Touted as the largest col- lector car auction in Texas, this sale will offer around 600 cars with two rings operating simultaneously. Plenty of classics and American muscle from the Lone Star State will be present, including a 1964 Buick Skylark convertible, a 1963 Chevrolet Impala 2-dr hard top, and a 1931 Ford Model A Tudor Deluxe phaeton. Palm Springs Exotic Car Auctions— 43rd Exotic Car Show & Auction Where: Palm Springs, CA When: November 16–18 More: www.classic-carauction.com Last Year: 251 cars sold / $4.7m Keith McCormick has added a third night to his company's annual November sale, allowing for a total of 500 consignments. Among them this year will be a 1970 Plymouth Superbird, a 1935 Auburn Model 851, a 1957 Chevrolet Bel Air convertible, and a 1932 Pierce-Arrow Model 54 sedan. RM Auctions— The Al Wiseman Collection Where: Tarpon Springs, FL When: November 30–December 1 More: www.rmauctions.com Around 80 cars from the private collection of Al Wiseman will be offered without reserve, including a 1906 Stanley Steamer, a 1931 Cadillac Fleetwood All-Weather phaeton, a 1933 Packard Victoria convertible, a 1955 Corvette roadster, and a 1958 Cadillac Eldorado Biarritz GM Experimental Raindrop convertible. ♦ 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. October 5-6—CARLISLE Carlisle, PA 5-6—CLASSIC AUTOMOBILE AUCTIONS OF AMERICA Biloxi, MS 5-6—MIDAMERICA St. Paul, MN 5-7—MECUM St. Charles, IL 6—SILVER Spokane, WA 6—THE SPORTSCAR AUCTION Geneva, CH 9-10—H&H Duxford, UK 11-13—KRUSE Hershey, PA 12—RM Hershey, PA 13-14—BONHAMS & GOODMAN Sydney, AUS 14—ARTCURIAL Pont l'Évêque, FR 19-20—COX Branson, MO 19-21—RM Toronto, CAN 20—CHEFFINS Sutton, UK 20—ICA Louisville, KY 20—SILVER Portland, OR 21—BONHAMS Stafford, UK 21—SHANNONS Sydney, AUS 22-23—BARONS Surrey, UK 31—BRIGHTWELLS Herefordshire, UK 31—RM London, UK November 2—BONHAMS London, UK 2-4—KRUSE Auburn, IN 3—SILVER Seattle, WA 3—WORLDWIDE Hilton Head, SC 10—BONHAMS & BUTTERFIELDS Los Angeles, CA 10—POTTS Atlanta, GA 11—KRUSE Atlanta, GA 16-18—LEAKE Dallas, TX 16-18—MCCORMICK Palm Springs, CA 21—BONHAMS Harrogate, UK 20-21—H&H Buxton, UK 23-24—ICA Gilbert, AZ 23-24—ICA Houston, TX 24-25—KRUSE Las Vegas, NV 26—SHANNONS Melbourne, AUS 30-DEC 2—MECUM Kansas City, MO 30-DEC 1—RM Tarpon Springs, FL December 2—BONHAMS & GOODMAN Melbourne, AUS 3—BONHAMS London, UK 7-8—SANTIAGO Oklahoma City, OK 10—ARTCURIAL Paris, FR 10-11—BARONS Surrey, UK 15—ARTCURIAL Marseille, FR 15-16—KRUSE Houston, TX 16—ARTCURIAL Osenat, FR 19—BONHAMS Gstaad, CH Sports Car Market

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Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. News ■ Despite its $8m Monterey sale (auction report, p. 78), Christie's announced in September that it has shut down its International Motor Car Department. The decision came after a strategic review of the division by the fi rm's management. Division Head Rupert Banner, European Head Philip Kantor, and California-based Consultant Gordon McCall have left Christie's and joined the Global Motoring Department of Bonhams. For the full story, see Donald Osborne's article on p. 38. Events ■ This year's Hilton Head Concours d' Elegance runs from November 1 to 4. More than 150 classic cars will be on display on Sunday at the Coastal Discovery Museum at Honey Horn, and the event will honor Cadillac and LaSalle. Other festivities during the long weekend include vintage racing at the Savannah Historics at Roebling Road, a Rolls-Royce driving tour, a fashion show, golf tournament, an invitation-only reception, Worldwide auction, BMW ride and drives, and the Quest for Speed and Style, an interactive display of race cars and motorcycles. Two-day advance tickets are $35, with kids 12 and under free. www .hhiconcours.com. (SC) ■ The London to Brighton Veteran Car run is the world's oldest running motoring event. This year, the Royal Automobile Club's annual event kicks off Sunday, November 4 at 7:01 am local time, and nearly 500 pre1905 antique automobiles will make the 60-mile trip from Hyde Park to the sea. Oldest among them will be an 1895 Peugeot Vis-à-vis. www.lbvcr.com. (UK) ■ Rich and Jean Taylor and Vintage Rallies will host Hilton Head Concours the 10th annual Texas 1000 November 4–9. The rally will cover about 250 miles each day and take entrants from Austin into the Hill Country of Texas on spectacular two-lane roads. The event includes visits to car collections, museums, wineries, and quaint historic towns like Fredericksburg and Luckenbach. The rally is open to cars from 1975 or before, as well as exotics from any year. All the hassles of travel are taken care of by the hosts, so all you have to do is drive. Cost for one car with two participants is $4,995. www .vintagerallies.com. (TX) ♦ Event Calendar Oct 26-Nov 11 Tokyo Motor Show (JAP) www.tokyo-motorshow.com Oct 30-Nov 2 SEMA (NV) www.sema.org 1-4 Auto Zurich 1-4 (CHE) www.auto-zuerich.ch 1-4 Hilton Head Concours (SC) www.hhiconcours.com 1-4 HSR Vintage Racing (SC) www.hsrrace.com 3-4 CSRG Vintage Racing (CA) www.csrgracing.org 4 Festivals of Speed Orlando (FL) www.festivalsofspeed.com 4 London to Brighton Run (UK) www.lbvcr.com SCM News SCM ■ SCM's “Domestic Affairs” columnist lin Comer has just published his fi rst o e 1 ok. Entitled Million-Dollar Muscle Cars, e 92-page hardbound coffee table book ghlights the rarest of America's muscle cars, cluding 1970–71 'Cuda Convertibles, 1969 L1 Camaros, and 1967 Shelby GT500 Super nakes. Written in Comer's straight-dope yle, and with beautiful photographs by David ewhardt, the book is a great addition to every nthusiast's library. It retails for $34.95, and is vailable in the book division of the SCM web te at www.sportscarmarket.com. 4-9 Texas 1000 (TX) www.vintagerallies.com 8-11 HSR Vintage Racing (FL) www.hsrrace.com 10-11 VARA Vintage Racing (CA) www.vararacing.com 11-14 AACA Southeastern Tour (FL) www.aaca.org 14-18 Middle East International Show (UAE) www.dubaimotorshow.com 17-18 VDCA Vintage Racing (FL) www.vintagedrive.com 16-25 Los Angeles Auto Show (CA) www.laautoshow.com 29-Dec 2 Helsinki Motor Show (FIN) www.finnexpo.fi 16 Sports Car Market

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Sports CarMarket Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 V.P. Business Development/General Counsel Rob Sass rob.sass@sportscarmarket.com; 503.261.0555 x 214 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts Dave Kinney, B. Mitchell Carlson, Julian Shoolheifer (Europe) Auction Analysts Richard Hudson-Evans (Europe), Daniel Grunwald, John Clucas (Australia), Chip Lamb, Norm Mort (Canada), Joe Severns Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Carl Bomstead (Automobilia), 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, Miles Collier, Kathy Donohue, Martin Emmison (U.K.), Simon Kidston, Raymond Milo, Steve Serio Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Controller Jimmy Carter jimmy.carter@sportscarmarket.com; 503.261.0555 x 205 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 207 Strategic Planner Bill Woodard Executive Producer, SCM Television Roger Williams Editorial Assistant Jennifer Davis-Shockley jennifer.davis@sportscarmarket.com; 503.261.0555 x 209 ADVERTISING Advertising Sales Cindy Meitle cindy.meitle@sportscarmarket.com; 877.219.2605, ext. 262 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 ext. 213 Sales and Marketing Coordinator Valarie Huston valarie.huston@sportscarmarket.com; 877.219.2605, ext. 211 SUBSCRIPTIONS Subscriptions Coordinator Nikki Nalum nikki.nalum@sportscarmarket.com; 877.219.2605 ext. 207 To order new subscriptions 800.289.2819 Questions about current supscriptions 877.219.2605, ext. 207, service@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Marketmagazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2007 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- vestor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. PRINTED IN USA 18 Sports Car Market

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Morris & Welford, llc INTERNATIONAL SPECIALIST HISTORIC CAR CONSULTANTS & BROKERS 1961 FERRARI 250 GT Short Wheelbase Berlinetta A correct, numbers matching, original steel bodied version of these exclusive Ferrari GT road cars that was fitted from new with outside fuel filler, triple Weber 40DCL/6 Carburetors and cold air box. A really fine example of the car many people acknowledge as the “ultimate road Ferrari” with known history from new and current FIA papers. OTHER CARS AVAILABLE 1914 Rolls-Royce Silver Ghost Alpine Eagle Tourer 1925 Vauxhall 30-98 OE Sports Two Seater 1930 Alfa Romeo 6C 1750 Gran Sport Spyder Zagato 1958 Cooper T45 1965 Shelby Mustang GT350 FIA Racecar 1973 Embassy Shadow DN1 F1 ex Graham Hill Please Contact Miles Morris Connecticut Tel: 203 222 3862 Fax: 203 222 3863 Cell: 203 722 3333 E-mail: miles@morrisandwelford.com Mark Donaldson Hampshire, UK Tel: 01252 845818 Fax: 01252 845974 Mobile: 07901 712255 E-mail: mark@morrisandwelford.co.uk www.morrisandwelford.com Malcolm Welford California Tel: 714 434 8562 Fax: 714 434 8155 Cell: 949 500 0585 E-mail: malcolm@morrisandwelford.com

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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 In praise of holding I wanted to comment on Publisher Martin's September column (“Shifting Gears,” p. 10.) What a timely subject. His editorial neatly summed up the quandary many of us earlier (older and lucky) Ferrari collectors have been pondering. As one who paid a fraction of $25,000 for his LWB California Spyder back in the '70s, when very few appreciated what these cars were, and as one who lived through the 1985 to 1990 boom-bust cycle, the article frames the position in which long term holders of exotics find themselves. There is, however, one problem. You and many others may assume that capital gains on collectibles are now at a low 15%, as applied to stocks, mutual funds, etc. The rate is actually 28%. In other words, taxes on collectibles—whether wine, shotguns, art, or Persian rugs—haven't changed in many years. Combined with state taxes on personal income, the effective rate is quite high. For example, in Georgia, it is 34%. In New York, I guess it could approach 40% or higher. Of course, a state tax is an incentive to retire to a state that has no state income tax, like Florida. But regardless of where you reside, capital gains taxes still take a big bite and require some thought as to when to realize them. The key to this internal debate is the ongoing uncertainty about estate taxes, or as some call it, the death tax. One way to escape capital gains taxes is to die with the appreciated asset in your estate, because the law currently allows a stepped up basis, determined at time of death or six months later. So, no taxes are due on the appreciation. Except now everything is in flux. With the estate tax deduction being ratcheted up until the tax disappears in 2010, (the ideal time for all those with big estates to go to the big car corral in the sky) a littleknown provision of that Federal largesse is that the stepped-up basis also disappears in 2010. Incidentally, the worldwide accumulation of wealth as a powerful driver of collector car values 20 the factory to be a substitute for authenticity? This is dangerous ground on which we tread when we blur the line between that which is real, and that which is not. If we accept the practice of In the late 1980s, offers on my 14-louver TdFwere $2 million; by 1991 they were $300k is very appealing to us “holders.” One of the reasons I didn't sell my 14-louver TdF in the late 1980s (offers were $2 million, and by 1991 offers were $300k) was because of the increasing deterioration of U.S. finances and the weakening of the dollar against other currencies. I believed then, and do now, that I wanted to own something that a collector in Japan or Europe or the Far East coveted. And Ferraris are a lot more fun than Krugerrands. I thought the owner of the light bulb factory in Czechoslovakia, who had just bought his first new Mercedes, would some day be lusting after a Bugatti like the one his grandfather owned in the '30s. And perhaps he would settle for something a little more modern, like a Ferrari. What I overlooked were the new millionaires in China and India and other emerging market economies. We now live in a time when Rolls has opened its fifth showroom in China. And Luca di Montezemolo—CEO of Ferrari and the one responsible for their turnaround in cars and F1 in the 1990s—recently defended Ferrari's production of over 5,000 cars a year, a figure he once vowed never to exceed. He now avows the “extra” production is going to new markets that have developed in the last couple of years, thus there is little dilution of exclusivity in their traditional markets. All this new spawning of wealthy enthusiasts around the world and their driving of collec- tor car values ever higher sounds very plausible. On the other hand, remember that the mantra of the dot com boom (and every other boom) is, “It's different this time.”—John Apen, SCM Contributor, Stone Mountain, GA Keith Martin responds: John, many of the issues you raise were addressed by John Draneas in his October column, “Sell Now or Leave the Ferrari to the Kids?” which may be found at www .sportscarmarket.com. Backyard stamping or factory shady It was with shock and dismay that I read Publisher Martin's September column. It would seem that while virtually everyone within the collector car hobby would agree that re-stamping an engine in order to make it appear to be original to a specific car is tantamount to fraud, Publisher Martin feels this is an acceptable practice when done by the original manufacturer. I don't see any difference between the factory capitalizing on this practice and a shady restorer capitalizing on this practice with his own set of dies. The only reason I see that anyone would consider doing this is to enhance the value of a collectible car. It would also seem that Publisher Martin correctly recognizes this fact as well, as he states, “those rare Ferraris that have been languishing value-wise because of incorrect engines can now be made whole, with the blessing of the factory.” Should we now consider the blessing of installing non-original engines simply because somebody paid a large sum of money to the manufacturer, why not accept non-original chassis and nonoriginal bodies, as long as they're sold by the manufacturer? He further goes on to state: “If SCM had the choice between a factory-recast block, provided with official documentation, for our 1963 Sting Ray, as opposed to a slightly shady ‘restoration restamp,' there's no question which path we would take.” It would seem that these two statements by Publisher Martin would intimate that a significant percentage of a collectors car's value would be directly related to whether or not it has its original engine. And I would enthusiastically agree. I believe the operative word is “original.” Not a copy of the original, but the actual original. We've all heard the phrase “something can only be original once,” as it applies to the collector car hobby. Nothing could be more true. An engine is the heart of a car, both literally and figuratively. How can we embrace a collectible car that has had its heart transplanted simply because somebody was willing to pay, in Publisher Martin's words, “a hefty price” to some factory? It is not, and never will be original. In the column, he uses phrases such as “documented big-block Corvettes,” “real cars,” “bulletproof paperwork that shows beyond a doubt that a car is what it claims to be.” If an owner is foolish enough to install one of these engines (without the intent of committing fraud), the only thing this owner will be able to claim is the fact that this car is “documented to have a non-original engine, rendering it an unreal car, with bulletproof documentation that shows beyond a doubt that the car is NOT what it claims to be.” Does the owner's disclosure of this fact enhance the value of the car? Of course not. Why would it?

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Ad Index Aston Martin of New England ............109 Auto Collectors Garage .......................133 Autosport Designs ...............................121 Bald Head Garage ..................................47 Battery Tender ......................................123 Blue Highways .....................................133 Davidoff Zino Platinum ........................ 57 Digit Motorsport ..................................125 Dragone ................................................109 Family Classic Cars ............................. 111 Fantasy Junction ...................................107 Foreign Coachworks, Inc. ....................125 GoFastAuction.com .............................115 Intercity Lines ........................................51 Mid America Motorworks .....................61 Paul Russell and Company ..................123 Ron Tonkin ...........................................115 Vintage Motors of Sarasota .................135 Vintage Rallies .....................................121 BB One Exports ...................................119 Covercraft ...............................................18 Heacock Classics ..................................113 Re-Originals .........................................113 Classic Showcase .................................141 Doc's Jags .............................................145 Cosdel ...................................................119 Grand Prix Classics .............................141 Grand Prix Classics .............................141 Potts Auction Company .......................119 Fine Sports Cars ...................................145 Hotseat Chassis Inc ..............................145 VintageAutoPosters.com .....................145 Exotic Car Transport ............................145 Worldwide Group ...................................10 Worldwide Group ...................................12 Brian D Moore Resorations .................144 Fourintune Garage Inc .........................144 RPM Motorbooks .................................144 Bart Holland BV Restoration Co. ..........97 Bonhams & Goodman ...........................15 Cars International Kensington Ltd. ......45 Coldwell Banker ...................................103 Driver's Houston Auto Works ...............79 Ebay Motors ...........................................21 FECC Passport Auto Transport .............71 GM ........................................................148 Gooding & Company ...............................2 Griot's Garage ........................................37 Grundy Worldwide ..................................9 Hagerty Insurance Agency, Inc. ............23 JJ Best Banc & Co ................................139 Kruse International ................................87 Maserati North America ........................17 Morris & Welford, LLC .........................19 Motorcar Portfolio .................................81 Palm Springs Exotic Car Auctions ......105 Park Place LTD ......................................25 Perfection Autosport ..............................89 Premier Financial Services ..................147 Renaissance Design ...............................91 RM Auctions ............................................5 RM Auctions ............................................7 Rolls-Royce Motor Cars NA, LLC ........33 Russo And Steele ...................................29 Silver Auctions .......................................75 Symbolic Motor Car Co ...........................3 Ulysse Nardin Watches ..........................27 Yokohama ...............................................31 22 Publisher Martin states that “collectors today are buying smart.” I hope he's correct. In a general sense, Sports Car Market has (correctly, in my opinion) included clones, reproductions, tribute cars, and resto-mods within the genre of fakey-doos. I feel the practice of putting a non-original engine in a vintage Ferrari, Corvette, or any other collectible car, regardless of the source of the engine, instantly qualifies this car to join the ranks of fakey-doos, no matter how expensive the car.—Steve Linden, Smithtown, NY Keith Martin responds: Steve, all of your points are well taken. However, I simply don't agree that putting a replacement engine into any car, of the same type it was originally built with, makes it a fakey-doo, clone, resto-mod, etc. For instance, our Split-Window Corvette is simply an NOM (Non-Original Motor) car. I agree that the defining factor in “fakeyness” is the honesty of the seller. In the case of a factory-certified replacement, one assumes that a buyer would check the records of a car with the factory, and that the truth would come out. I also agree that having all original components on a car is the best, but as the mere act of driving a car involves a certain amount of mechanical wear, which sometimes leads to catastrophic failure, if a replacement engine (or gearbox or rear end) is required to turn a car from a piece of static sculpture back into a functioning motorcar, SCM votes in favor of the implant, fully-documented and recorded with whatever registries exist for the marque. TZ or not TZ Regarding Thor Thorson's March profile of the 1965 Alfa Romeo TZ-1 (p. 56), the facts are not always friendly, and I don't see anywhere in the article that the car was missing part of its chassis number, the “105 11 AR” stamped in the chassis. The number was also badly restamped and only this fact raised a big flag. I'm aware that I am not everybody's favorite person, but I don't know anybody who is. The way I do my research and the fact that I have the courage to put on paper what I really believe cannot please everybody, but I've never I'm aware that I am not everybody's favorite person—I don't know anybody who is. But I've never been sued and this proves a point been sued and this proves a point. You say that my data can be controversial; of course, if I say that all cars are good and everybody is nice, it will be better for me. But I don't write books to make friends. I do them because I believe the truth needs to be told. And of course, some Internet people who never had a TZ know them better than me. The good thing about clever people is that they are not stupid, and all the compliments I receive (including those from Andrea Zagato and the Alfa museum ) are a better reward than a few negatives comments coming from “Internet experts” or self-appointed “auction experts.” The comments made about my integrity are insulting, as the world knows that auction companies don't have the time or knowledge to verify all cars that enter their auctions. The comments concerning my research are just smoke to cover their own ignorance concerning the Alfa TZ. (I've personally inspected 50 or 60 cars.) Sadly, in the past, very serious auction houses like Christie's and Sotheby's have been caught in the same problem, and I was the one who showed them the truth. Now, to complete this story, nobody has contacted the car's previous owners in France or the French Alfa Club in the last four years concerning this car. If the car has been reconstructed from the burned remains, you are correct to say that the owner has the right to rebuild his car, but this is a discussion for another time. To really conclude the matter, I would send the car to Zagato in Italy, where a statement after verification could be made.— Philippe Olczyk, via email It's a gift, dear I was surprised to see my wife's Fly Yellow Spider at the bottom of page 116 in September's “Alfa Bits” section (price $7,300, eBay #4649270183). The car was not the cream puff the description and pictures made it out to be (big surprise). It does have good paint and a new top but appears to have been involved in a front end collision some time in its life. It was missing the standard Veloce a/c system, needed lots of deferred maintenance, and had sagging springs, which didn't show up in the photos. I contacted the owner listed on the title, who sent me the owner's packet and entire a/c system a prior owner had removed. In the owner's packet, I found a bill of sale from November 1998 when the mileage was 109,843. The mileage on my bill of sale reads Sports Car Market

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You Write We Read 101,479, so the mileage is truly unknown. We have made lemonade out of our lemon-colored, maintenance-deferred, saggily sprung, rolled-back-odometer car. I'm a former Alfa Romeo technician, so the deferred maintenance and sagging springs were repaired without spending thousands of dollars, and the mileage-unknown engine pulls to redline, sips oil, and gets better mileage in town than my 1974 Spider gets on the highway. Most importantly, one top- down spring drive after the initial “you bought yourself another Alfa on eBay and disguised it as a gift for me” conversation and subsequent threats of divorce, my wife loves her Valentine Alfa, raves about the 26 mpg she gets, and hasn't used the D-word since.—David Fish, Hillsboro, OR A final word about China In response to the September letter from Martin Button (Cosdel International Transportation) regarding the 2007 China Rally (“You Write,” p. 20), I'd like to clarify a few points. 1) In his letter, our good friend Martin Button describes me as a partner of Dieter Hornig, the China Rally (dis)organizer. That is incorrect. My company, 2shores International, was contracted in April 2006 by Hornig's company Hua De Feng Ying Co. LTD. to promote this event. The contract stated that we (2shores International) were to be paid a commission for every participant in the rally. At no time did we reach any other agreement with Dieter Hornig, nor did our company have any input in terms of organization, planning, or execution of the rally. It was strictly an agreement to promote the event. As the primary promoter, a connection with my company existed, but I'd like to clarify it to SCM readers. 2) Our company chose Sports Car Market magazine as a partner for most of the U.S. promotion, and the result was very satisfying. We had great press coverage and an excellent working agreement with SCM and created a good amount of interest for the event. We all 24 sponsors or partners in the event. No one expected fraud. I actually did contact one of the listed companies in Germany and they confirmed knowing Hornig quite well. No red flags were raised. In retrospect, I should have We havemade lemonade out of our lemon-colored, maintenancedeferred, saggily sprung, rolled-backodometer car were excited about this. Due to the poor English language skills of Hornig, we found ourselves doing a lot more than the contract asked for. We did not complain because we saw it as a great reputation builder with collectors and enthusiasts worldwide. Most (if not all) the drivers were in contact with us at one point or another. We also engaged Martin Button's company (Cosdel International Transportation) after Button told me his company had experience in China and would be happy to transport the participating vehicles. 3) Button writes that Hornig and Rott had no answers when it came to customs clearance questions. Our company has sold cars between ports in the U.S. and Europe for many years, but I have never dealt with China and never claimed to have that knowledge. Hornig told me that he wanted capable and experienced shippers who knew the China market, and Cosdel was my obvious choice for the U.S. Unfortunately, Hornig chose an incompetent destination agent in China and the needed answers were not forthcoming for the drivers, Cosdel, or GLS (a German company for the EU entries). We communicated with all the drivers and shippers, but the core problem was located in China, and there was nothing we could do. 4) Can you pull a plug with no tools? Button maintains that the plug on the rally should have been pulled earlier. We met with Hornig and his wife in mid December 2006, about four weeks before registration closed. At that point, it was clear the rally would not have more than twelve to 14 participants. We asked Hornig at that time if he thought that was enough. His response was a clear yes, absolutely. His plan was to do this rally even at a minimum profit and use it as a base for more China events in the future. As far as we can tell, it could have been somewhat profitable, even with relatively few cars. Be that as it may, he chose to do the rally and we had no input, let alone the power to cancel it. Hornig pulled a good one on all of us. He had built a web site that created the impression of comfort and experience. Big names, among them the Mercedes-Benz Club Germany, very well known dealerships in Germany, the Hong Kong Automotive Association (HKAA, like our AAA), professional time-keepers, and many more were placed as if they were contacted all of the parties involved. I believe Hornig's initial intentions were good, but he later chose to rip people off. It is important to note that up to three days before the start, we were told by Hornig that everything was ready to roll. I first heard from the SCM team about problems the Friday before the planned start on Sunday. One day later, a representative of GLS called to tell me that Hornig had run. We have not heard a word from Dieter Hornig since. I fully realize that taking on a product for promotion carries a certain responsibility. I agree with Martin Button; in the future, all of us need to pay closer attention to the products with which we get involved. Needless to say, we lost our commission payments and worked ten months for free. I am in close contact with James Rice and Tom Hamilton (drivers in the rally), as we have explored ways to bring legal action against Hornig in Europe and China alike. We haven't had much success. I hope this gives SCMers a clearer picture about our involvement in this event. It was a cruel learning experience for all of us, but as the saying goes, “A mistake is not a mistake if you learn from it.” That we have, I am sure.—Jurgen Rott, President, 2shores International Keith Martin responds: Thank you for your letter, Jurgen. It seems everyone involved in the China Rally learned important lessons that go far beyond the difficulties of getting old cars from Point A to Point B. Now that we have heard from participants both favorably and not so, from people involved with the event's logistics, and from yourself, the one thing that remains clear is that Dieter Hornig has made few friends and plenty of enemies in all of this. Whether or not his fraudulent actions were malicious, they were certainly irresponsible, and his flight and subsequent disappearance cowardly. ♦ Sports Car Market

Page 24

Neat Stuff Stuff Neat by Stefan Lombard Louis Klemantaski's career as a motorsports photographer spanned the years 1936 to 1974, and many of the most memorable images since WWII can be attributed to his eye. In the 1950s, he regularly he rode shotgun to the greatest drivers on some of the world's most famous races. One such occasion was the 1956 Giro di Sicilia, where me made one of his most famous photographs of Briton Peter Collins at the wheel of the 3.5 liter Ferrari Monza Type 857S. With over 500,000 automotive and motorsport photographs by Klemantaski and others, the Klemantaski Collection is one of the most extensive libraries of its kind in the world. The Collection includes nearly 60,000 images from Klemantaski's lens, as well as thousands from noted photographers Nigel Snowdon, Peter Coltrin, Robert Daley, Yves Debraine, Alan R. Smith, and others. Ordering images is straightforward, and prices start at $65 for an 8x10-inch image, with 11x14 and 16x20 also available. www.klemcoll.com. All of the famous races and most of the greatest cars of the last century were advertised in print on large, colorful posters. Many of these have become highly collectible, and one of the best places to fi nd them is Tony Singer's Vintage Auto Posters. For nearly 30 years Singer has supplied collectors everywhere with these rare and beautiful posters. The bulk of the inventory runs from the early 1900s through the 1960s and includes posters from manufacturers like Porsche, Ferrari, Mercedes, Fiat, Jaguar, and MG, and event posters from the Mille Miglia, Monte Carlo Rally, Carrera Panamericana, and more. All posters are guaranteed to be original, and each is mounted on archival linen for best preservation. Prices vary, but expect to pay at least $300 for the newest posters, while those from the early 1900s start at over $1,000. www.vintageautoposters.com. WHAT YOU NEED AND HOW TO GET IT Peter Aylett's Car Art, Inc. offers automotive fi ne art by the world's greatest car artists and automobile designers. With everything from posters and signed, limited-edition prints to original paintings and sculptures, collectors can choose from nearly 1,000 works of art covering 100 marques and spanning 100 years. Whether your preference is European sports and racing cars, American muscle, or prewar classics, you'll fi nd what you're looking for. And with works from 60 artists, including award-winning members of the Automotive Fine Arts Society as well as major automobile designers, the quality is unmistakable. Car Art, Inc. can also work with you to commission works of any car you want from any artist you choose. Prices vary by piece, but prints start at $50 and original paintings start at $300. www.carartinc.com. ♦ tuff Stuff Neat by Stefan Lombard Louis Klemantaski's career as a motorsports photographer spanned the years 1936 to 1974, and many of the most memorable images since WWII can be attrib- uted to his eye. In the 1950s, he regularly he rode shotgun to the greatest drivers on some of the world's most famous races. One such occasion was the 1956 Giro di Sicilia, where me made one of his most famous photographs of Briton Peter Collins at the wheel of the 3.5 liter Ferrari Monza Type 857S. With over 500,000 automotive and motorsport pho- tographs by Klemantaski and others, the Klemantaski Collection is one of the most extensive libraries of its kind in the world. The Collection includes nearly 60,000 images from Klemantaski's lens, as well as thousands from noted photographers Nigel Snowdon, Peter Coltrin, Robert Daley, Yves Debraine, Alan R. Smith, and others. Ordering images is straightforward, and prices start at $65 for an 8x10-inch image, with 11x14 and 16x20 also available. www.klemcoll.com. All of the famous races and most of the greatest cars of the last century were advertised in print on large, colorful posters. Many of these have become highly collectible, and one of the best places to fi nd them is Tony Singer's Vintage Auto Posters. For nearly 30 years Singer has supplied collectors everywhere with these rare and beautiful posters. The bulk of the inventory runs from the early 1900s through the 1960s and includes posters from manufacturers like Porsche, Ferrari, Mercedes, Fiat, Jaguar, and MG, and event posters from the Mille Miglia, Monte Carlo Rally, Carrera Panamericana, and more. All posters are guaranteed to be original, and each is mounted on archival linen for best preservation. Prices vary, but expect to pay at least $300 for the newest posters, while those from the early 1900s start at over $1,000. www.vintageautoposters.com. WHAT YOU NEED AND HOW TO GET IT Peter Aylett's Car Art, Inc. offers automotive fi ne art by the world's greatest car art- ists and automobile designers. With everything from posters and signed, limited-edition prints to original paintings and sculptures, collectors can choose from nearly 1,000 works of art covering 100 marques and spanning 100 years. Whether your preference is European sports and racing cars, American muscle, or prewar classics, you'll fi nd what you're looking for. And with works from 60 artists, including award-winning members of the Automotive Fine Arts Society as well as major automobile designers, the quality is unmistakable. Car Art, Inc. can also work with you to commission works of any car you want from any artist you choose. Prices vary by piece, but prints start at $50 and original paintings start at $300. www.carartinc.com. ♦ Sports Sports Car Market

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In Miniature Marshall Buck Real Rivets—13,000 of 'em Every model maker has his own philosophy about creating a miniature work of four-wheeled art, and that is what this model is—art Hispano Suiza H6C I remember seeing the 1924 Hispano Suiza H6C with body by Nieuport—the “Tulipwood car”—at the New York Auto Show when I was a young boy. It left a lasting impression of real amazement. I feel the same way every time I see one of Gerald Wingrove's scratch-built 1:15-scale masterpieces of that car, his most popular model. Eleven were built with wood fenders as shown, plus six others with aluminum fenders in various configurations. The overall detail is excellent, and the real kicker is that all the wood planks are just Ratings ( Quality: Authenticity: Overall: is best) that—wood planks—along with 13,000 individual .012-inch-diameter brass pins to simulate the rivets. Each model has a number of working features, including the double-hinged engine lid, passenger side front door, lift-off cover over the rear seats, and two neat hinged, rear fold-out steps for passengers. Every model maker has his own philosophy about what is important and how he goes about creating a miniature work of four-wheeled art, and that is what this model is—art. If you own one, keep it. If you have the opportunity to buy one, seize it. Expect to pay $25,000 to $30,000, which is quite reasonable given the labor and talent involved. Wingrove partially retired in 2003 and now builds only what he wants and mostly for European clients. It's doubtful he'll ever build another of these. See Wingrove's work and make contact at www.wworkshop.net. Aston Martin DB4GT Zagato One of my all-time favorite cars is the Aston Martin DB4GT Zagato. Though only 19 of the real cars were produced (not including the Sanction II cars), there are thousands of them now in 1:18 scale. This car, by China's Yat Ming, comes in red or Aston Martin Racing Green, which is reproduced surprisingly well. There are a number of nice touches here, but it is clear this one is made to a low price point. The shape and basic details in some areas are very good, yet in others they are way off, such as the nose of the car. Such discrepancies might be chalked up to less costly tooling. The engine bay is pretty basic and lacking detail; it's best displayed with the hood down. The doors utilize decent inward-working hinges, not the gargantuan toy-type “dog leg” hinges some companies still use. The interior is rudimentary, so don't look too hard or you may This Ferrari 275 GTB/C is an impressive 1:24-scale model of the 1965 Le Mans thirdplace-overall and first-in-class winner. The piece is built from a limited-edition kit now produced by Model Factory Hiro, which is a re-issue of the original, scarce kit by Climax. Both companies are Japanese. It's a curbside model, without any opening Ratings Kit Quality: Kit Authenticity: Overall Kit: panels or engine detail, but the shape is spoton. The model is made from resin and white metal castings, along with photo-etched and machined aluminum parts. The interior is highly detailed, though most of it is hidden behind the non-opening doors. Like those wire wheels? They're made from several layers of photo-etched spokes and multi-piece machined aluminum rims. And yes, the knockoff spinners are correct for both left and right sides. The lack of engine detail is unfortunate, but that alone would not deter me from either buying the kit and or having it built; I highly recommend it. Though only offered in kit form, there are a number of full- and parttime professional model builders to whom Island Collectibles can direct you. Expect to pay around $205 for the kit and another $600 to $1,200 for the build fee. Available from Island Collectibles, Inc., Ratings Quality: see the chrome-plated shift boot. One other gripe, as with most model companies in the Orient: They always make three-ear knockoff spinners for only one side, so right-hand knockoffs grace all four wheels. This DB4GT Zagato is not quite a toy, but also barely a model. View it at a distance for Authenticity: ½ Overall: maximum effect. Still, it's hard to beat for a paltry $29. Available from Automobilia Collectibles, 4200 Jefferson Street, Napa, CA 94558, 707.334.4555; www.scalecars.com. 28 329 Maryland Ave, Massapequa Park, NY 11762, 516.795.3020; ed427vette@aol.com; www.islandcollectibles.net. ♦ MARSHALL BUCK is the founder of Creative Miniature Associates. He has been involved with high-end automotive miniatures since 1982. He wrote a featured model column for Vintage Motorsport magazine from 1988 to 1999. Sports Car Market Ferrari 275 GTB/C

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Icons Mirrors, Tires, and Speedpilots To See, To Drive Fast, To Win Rallies How Talbot, Michelin, and Halda helped sports car drivers to be cool— and still do by Rob Sass Michelin XWX Tires By the late 1960s, the fi rst re supercars with 170 mph-plus pe mance were hitting the market. The Ferrari 365 GTB/4 Daytona and Lamborghini Miura were both among the fastest cars of their day. Not only were these cars able to hit those high speeds, they could sustain them for long periods on the Autostrada. Such cars needed a tire able to cope with the heat ge . The Miche X was the fi e V-rated “s f the early ' as able to c ustained sp 31 mph, as w bsolute maximum of 186 mph. Yet its ample dewall and fl exible carcass allowed for a decent de. Coker Tire has been instrumental in working with chelin to ensure that the venerable tire remains available to ers of Daytonas, Miuras, Boras, and 2.7 RS 911s. About $425 om Coker Tire. www.cokertire.com. ors heapens the look of a vintage ore than a modern black plasirror. If anyone ever bothered olden age to automotive out, the 1950s through the 1960s . Designs by Durant, Ray-Dot, s were prevalent, but the most d have to be the bullet-shaped e famous by Talbot. They reatest as far as actually see anything, but they looked omparatively small outlay, few ss up anything from a Jaguar e a Talbot sport mirror. Real uperior to the many imitations till available from Talbot 0. www.talbotco.com. Halda Rally Instruments Halda s Mirrors, Tires, and Speedpilots To See, To Drive Fast, To Win Rallies How Talbot, Michelin, and Halda helped sports car drivers to be cool— and still do by Rob Sass Michelin XWX Tires By the late 1960s, the fi rst re supercars with 170 mph-plus pe mance were hitting the market. The Ferrari 365 GTB/4 Daytona and Lamborghini Miura were both among the fastest cars of their day. Not only were these cars able to hit those high speeds, they could sustain them for long periods on the Autostrada. Such cars needed a tire able to cope with the heat ge . The Miche X was the fi e V-rated “s f the early ' as able to c ustained sp 31 mph, as w bsolute maximum of 186 mph. Yet its ample dewall and fl exible carcass allowed for a decent de. Coker Tire has been instrumental in working with chelin to ensure that the venerable tire remains available to ers of Daytonas, Miuras, Boras, and 2.7 RS 911s. About $425 om Coker Tire. www.cokertire.com. ors heapens the look of a vintage ore than a modern black plas- irror. If anyone ever bothered olden age to automotive out- , the 1950s through the 1960s . Designs by Durant, Ray-Dot, s were prevalent, but the most d have to be the bullet-shaped e famous by Talbot. They reatest as far as actually see anything, but they looked omparatively small outlay, few ss up anything from a Jaguar e a Talbot sport mirror. Real uperior to the many imitations till available from Talbot 0. www.talbotco.com. Halda Rally Instruments Halda eves eves (www.haldaman.com). He buys, sells, and repairs them and offers hnical advice. And while you could use any number of modern ev n a v tt me say up front, I have no idea how to use one of these things, but e a Leica camera from the 1950s, I want one. To me, growing up and g a Halda Speedpilot or Twinmaster on the dash of a sports car meant ner was a hardcore enthusiast; if he knew how to use one of these cated-looking things, he was no poseur. Essentially a mechanical ter, the Speedpilot, with its multiple knobs, dials and an odometer, ou if you were keeping a pre-set speed over a long distance. Martin g Cog” Jubb is the patron saint of these quaint but still functional cons Mirrors, Tires, and Speedpilots To See, To Drive Fast, To Win Rallies How Talbot, Michelin, and Halda helped sports car drivers to be cool— and still do by Rob Sass Michelin XWX Tires By the late 1960s, the fi rst re supercars with 170 mph-plus pe mance were hitting the market. The Ferrari 365 GTB/4 Daytona and Lamborghini Miura were both among the fastest cars of their day. Not only were these cars able to hit those high speeds, they could sustain them for long periods on the Autostrada. Such cars needed a tire able to cope with the heat ge . The Miche X was the fi e V-rated “s f the early ' as able to c ustained sp 31 mph, as w bsolute maximum of 186 mph. Yet its ample dewall and fl exible carcass allowed for a decent de. Coker Tire has been instrumental in working with chelin to ensure that the venerable tire remains available to ers of Daytonas, Miuras, Boras, and 2.7 RS 911s. About $425 om Coker Tire. www.cokertire.com. ors heapens the look of a vintage ore than a modern black plas- irror. If anyone ever bothered olden age to automotive out- , the 1950s through the 1960s . Designs by Durant, Ray-Dot, s were prevalent, but the most d have to be the bullet-shaped e famous by Talbot. They reatest as far as actually see anything, but they looked omparatively small outlay, few ss up anything from a Jaguar e a Talbot sport mirror. Real uperior to the many imitations till available from Talbot 0. www.talbotco.com. Halda Rally Instruments Halda eves (www.haldaman.com). He buys, sells, and repairs them and offers hnical advice. And while you could use any number of modern ev n a v tt me say up front, I have no idea how to use one of these things, but e a Leica camera from the 1950s, I want one. To me, growing up and g a Halda Speedpilot or Twinmaster on the dash of a sports car meant ner was a hardcore enthusiast; if he knew how to use one of these cated-looking things, he was no poseur. Essentially a mechanical ter, the Speedpilot, with its multiple knobs, dials and an odometer, ou if you were keeping a pre-set speed over a long distance. Martin g Cog” Jubb is the patron saint of these quaint but still functional g g a g n a intage rally, nothing looks as cool as a Halda. Expect to pay at intage Speedpilot in good condition. ♦ 30 Sports Car Market

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SCM Our Cars The Good, The Bad, and The Ugly The Nash is my one and only foray into ownership of a Full Classic—even if it's not even good enough to be tossed into Monterey Bay as reef material 1931 Nash Series 890 4-door Touring Sedan Owner: B. Mitchell Carlson, Auction Analyst Purchase date: August 1997 Price: $300 Mileage since purchase: 510 (on trailer), 0 (self powered) Recent work: Separating the wheat from the chaff, literally I figured that with the rest of this issue focusing on the high-dollar, high-quality classics of Monterey, I could showcase my one and only foray into ownership of a Classic Car Club of America-blessed Full Classic—even if it's not even good enough to be tossed into Monterey Bay as reef material. The CCCA has only anointed Nash's top-line 90 models and Ambassadors from 1931 to 1934 as Classics. The cars carried Nash's largest overhead-valve, twin-ignition straight-8 engines, and company PR at the time claimed they could do “80 miles per hour in three blocks.” With cable-actuated “Steeldraulic” mechanical brakes, stopping might very well have been another three blocks. I bought this Kenosha Cadillac at a farm auction near Verendrye, North Dakota. It had been sitting outside for some time, and was falling apart where it sat. It did, however, have all its original bits, several of which are rather valuable. The carburetor, for example, is a Stromberg UUR-2, shared with such cars as 1935 Auburns and Duesenberg SJs (which use two of them). So what was Nash's premier model doing out on the economically ravaged prairies of west central North Dakota during the depression? Later conversations with Nash historian James Mays lead me to believe that Charlie Nash himself may have brought it out there. Seems Nash's founder liked to go hunting in the Dakotas in the fall, and would pull a top-of-the-line car out of inventory for the road trip from Kenosha. As payment for using a farmer's land, the farmer got to keep the car. At this point, much of the car has been parted out. The motor and transmission are out of the car, and neither is frozen. Most of the ancillaries have been removed. For some reason, there is a lot of interest from collectors in Sweden in what's left of it. As for the body, it pretty much fell apart as I loaded it onto the trailer. I've paid more for worse cars, and I've paid less for better cars, but I've never paid more or less for a car with a more interesting history. 1965 Alfa Romeo 1600 Giulia Sprint GTA Owner: Martin Emmison, Contributor Purchase date: February 2007 Price: $100,000 Mileage since purchase: 1,000 Recent Work: None; needs nothing When the Alfa Romeo 1600 Giulia Sprint GTA was offered new in England in 1965, it was more expensive than an XKE. It's no wonder then that the car I recently acquired wasn't originally sold and registered until early 1967. Mine is the Stradale (street) version of the GTA Corsa that Alfa built to beat the Lotus Cortinas in saloon car racing in Europe. It has the twin plug head, all-alloy body panels with the step down frontal treatment, tiny exterior door handles, and gray vinyl interior. This car started out life in white and has had a very sheltered existence. It has spent all its life in the UK, and was owned for many years by long-term British Alfista, Richard Springett, now living in Japan. It has never been modified for racing, and must be one of the last unmolested right-hand-drive 1600 GTAs in existence. The car was extensively restored eight years ago, with body and paint done by David Royle and the mechanics by Jim Evans. It is a joy to drive. By modern standards it feels small, light, and delicate, and not particularly fast. However, as the years roll on, I believe we will come increasingly to appreciate the engineering excellence, spare design and trim, and rarity of this characteristically Italian gem. 32 1976 Lancia Beta Coupe Owner: Rob Sass, VP Business Development/General Counsel Purchase date: September 5, 2007 Price: $1,900 Mileage since purchase: 0 Recent work: A timing belt I feel like Victor Kiam, the annoying former New England Patriots owner who famously proclaimed in his commercials that he liked his Remington shaver so much he bought the company. I enjoyed researching Lancia Betas for the September “Affordable Classic” column so much, I went out and bought one. Never one to dither when a good example of an oddball car is going cheap, I snapped this off of Craigslist in Portland. It's dead original, owned by one family and has just 61,000 wellcared-for miles. The caramel colored leather interior looks like the same run of hide used in a pair of Bruno Magli loafers. The seats look, feel, and smell brand new, the dash has no cracks, and the carpets and door panels are perfect. All the books and records are there, and the a/c even works. Did I mention it has no rust? How do I know for certain? It's wearing its original paint, metallic light blue that is also amazingly well-preserved. While SCM's Donald Osborne and Automobile's Jamie Kitman (who together constitute the entire market for a Beta) fight over the right of first refusal, I plan to give it the Italian tune-up that it needs. ♦ Sports Car Market

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Affordable Classic Alfa Romeo GTV6 Alfa GTV6: Best of the Bottom-Feeders The Maratona edition was referred to as the “Marijuana” edition, in reference to what Alfa must have been smoking at the time by Rob Sass F or many Alfi sti (our esteemed Publisher included), the saga of Alfa Romeo in the U.S. effectively ends after 1967, when emission controls began to sap their essential “Alfa-ness.” Having driven his '65 Giulia Spider Veloce, it's not diffi cult to see how he comes by this opinion. And the market seems to agree. Serial-production Alfa sports cars built prior to 1968 are all appreciating, while those built after 1967—excluding the last Duettos, the Montreal, and 1750/2000 GTVs— are nearly all fodder for columns like this one. It doesn't mean that all post-'67 Alfas are bad cars, just rather hopeless as collectibles for now and the foreseeable future. Of the various late Spiders, Milanos, Alfettas, and 164s, the GTV6 may be the most rewarding, yet it still languishes squarely in bottom-feeder territory, where it has resided since Bush the First was President. This aggressive depreciation will stand, but those who say it wouldn't be prudent at this juncture to seek one out are wrong. The GTV6 was a development of the well-balanced but underpowered Alfetta GT, the successor to the 105series GTV. Designed by Giorgetto Giugiaro, it was a pleasant design, if a bit tail-heavy, with a slightly hunchbacked roofl ine that at least allowed for decent rear seat headroom. Following the Alfetta, the suspension relied on double wishbones and torsion bars at the front and a DeDion transaxle at the rear. Even with the substitution of the heavier V6 (Alfa's fi rst), the car remained wellbalanced, although understeer was its natural tendency. The V6 engine was the real story Aside from the redesigned dash—which did away with a layout of instruments and controls that would cause a Honda designer to combust spontaneously—the engine was the real story. It was a really sweet 2.5-liter SOHC V6 that is smooth and revvy. Maximum torque comes at 4,000 rpms, but it's anything but fl accid lower down. Zero to 60 times of around eight seconds were the norm. As usual, however, what Alfa giveth, Alfa also taketh away, and like the Series I 3.8 E-type Jaguar, the GTV6 is let down by a poor gearchange. It has been likened to stirring a pot of overcooked tortellini. The long linkage that reaches back to the transaxle is responsible for vagueness, and when coupled with the typical worn bushings and synchros, it becomes pretty tedious. At least the exhaust note makes double clutching rewarding. The interior of the GTV6 is pleasant by 1980s stan- dards, with a fat wood-rimmed steering wheel and seats usually done in leather. Optional Recaros came with goofy mesh-insert headrests. Other options included power windows, air conditioning, and a sunroof. All of which carried the usual Italian quality, so expect slow or stuck power windows, leaky sunroofs, and tepid a/c. (As an indicator of just how reliable Alfa thought its power 34 windows would be, a manual window crank was supplied with the car. Just in case.) Various other electrical maladies will likely manifest themselves in obvious ways. Head gaskets still a problem On that note, most cars will no longer be running with their original twin-plate clutches or four-piece head gaskets. Nevertheless, blown head gaskets continued to plague Alfa V6s through the 164, to which I can personally attest. Blue smoke when letting off at high rpm spells worn valve guides. Valve noise usually means that the owner has neglected to do a valve adjustment, probably because it's a pain in the neck. Sports Car Market

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sense with a Callaway GTV6. Having had the crap scared out of me by an enthusiastic owner during a test drive, I can confirm that the performance is certainly there and they look mean. Twin turbos rarely come on the market, but I suspect that the high $20k or low $30k range is about right. It's best to leave the modifications to the likes of the skilled like Reeves Callaway. There are plenty of poorly modified cars that don't work very well, although not all fall into that category. Three-liter conversions are common, as are lowered suspensions and fatter wheels and tires. Some owners clearly look at the GTV6 as the closest Alfa came to producing a muscle car. Little special about special editions Two special editions were produced for the U.S. As 1984 Alfa Romeo GTV6 Maratona sans see-through hood Alfa, like Jaguar, continued to be enamored with the concept of inboard rear brakes. I've never understood the trade-off in a small amount of unsprung weight versus larger service headaches. Adjusters fail with regularity and the only fix is a new caliper. And while Porsche was blazing new trails in automo- tive rustproofing with pioneering galvanized bodies built to last a lifetime, Alfa went on under the assumption that the weather in Hamburg was the same year round as in Rome and continued to build rust-prone bodies built to last a lunchtime. Nearly every place is fair game, including front fender tops, wheel arches, windshield and rear window surrounds, tailgate areas, and jacking points. Don't even think about rescuing a rusty GTV6 un- less perhaps it's one of the ultra-rare Callaway twin turbo cars. With upgraded wheels, suspension, brakes, a wilder hood bulge, and the blessing of Alfa, the “junior Ferrari” label applied to every underachieving Italian sports car by excuse-making owners actually makes 20 Year Picture 1983–86 Porsche 944 $10,000 $15,000 $20,000 $25,000 1981–86 Alfa Romeo GTV6 $5,000 1988 1984-89 Datsun 300ZX 1993 1998 2003 2007 Prices are for cars in excellent condition. This information is provided by Black Book and Cars of Particular Interest Collectible Vehicle Value Guide, www.blackbookusa.com. usual, there was little special about them beyond stripes and wheels, some additional equipment, and minor body mods (including a dopey clear hood insert). Known as the “Balocco” and “Maratona” editions, they were simply a ploy to sell slow-moving product. The latter was referred to by cynics as the “Marijuana” edition, no doubt a reference to what Alfa of North America was smoking at the time. Let the Porsche people pay double for an anemic 1974–75 tape stripe Carrera, but unless it's a really good example, there is little reason to seek out a Balocco or Maratona GTV6. Similarly, there are misguided souls who take pride in the alleged “Bond car” status of the GTV6. Yes, Roger Moore (or rather his stunt driver, the brilliant Rémy Julienne) did drive the hell out of one in the otherwise miserable excuse for a Bond flick, “Octopussy.” However, it was not issued by Q; Bond stole the car while disguised in a clown outfit—Sean Connery would have garotted anyone who suggested that—making it in my book no more a Bond car than the Sunbeam Alpine used in “Dr. No.” As always with cheap cars, the most expensive examples are the cheapest ones in the long run. In the case of the GTV6, spending $5,000–$7,000 should get one of the best. Applying the law of substitution often cited by SCM's Dave Kinney, a right GTV6 really is a poor man's Lamborghini Espada. It has a great powerplant, good brakes, sharp steering, and a relatively practical 2+2 body. ♦ ROB SASS has been buying and repairing affordable classics since he was 16. His work has appeared in the New York Times and on businessweek.com. November 2007 35

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Legal Files John Draneas Where's the Video, Dietrich? Enzo case takes another bizarre twist, and Porsche enlists industry allies to make what could be bitter lemonade T his month we revisit two old friends—one the Pacific Coast Highway Enzo crash, and the second the Porsche Lemon Law special. Last summer's big car story was the Ferrari Enzo crash in Malibu, California. Stefan Eriksson crashed his Enzo into a power pole, splitting the car in half and spreading wreckage across 1,200 feet of Pacific Coast Highway. He blamed it all on a “friend” he knew only as “Dietrich,” who was driving and ran off after the crash. That story didn't work too well for Eriksson, who ended up copping a plea and getting sentenced to three years in jail. Eriksson's suspected accomplice was Trevor Karney, whose residence was a Marina del Rey yacht that fortuitously set sail for Ireland just before the police came by to pick him up, supposedly with the in-Enzo video of the wild drive that ended so abruptly at a reported 199 mph. Karney got away clean in the Enzo crash, but in a de- velopment that would seem to be fit for “World's Stupidest Crooks,” Karney is now in custody on charges of drunk driving, resisting arrest, giving false information to a police officer, and possible immigration violations. Seems that Karney did get free to Ireland but assumed the heat was off after Eriksson's guilty plea, so he sneaked back into the United States through Mexico, ultimately getting arrested in a Marina del Rey apartment. Police are convinced that Karney is in fact the infa- mous “Dietrich,” and was the passenger in the Enzo when the crash occurred. No speculation yet as to why Karney, after getting away, decided to sneak back into the country. Also, no word on whether or not he had the video with him. If you've got it, Karney, now's the time to sell it…. Porsche making bitter lemonade September's “Legal Files” reported on a lawsuit where Porsche owner Bruce Tammi won a $266,000 judgment against Porsche on account of defects in his 2003 Porsche Turbo. As predicted in “Legal Files,” Porsche's appeal looks like it is going to trigger more in attorney fees for everyone than the case was ever worth. In the latest development, Porsche has sought the aid of the automotive industry to appeal this decision, which they perceive as setting what they consider to be a bad legal precedent. The Alliance of Automobile Manufacturers (its members include BMW, DaimlerChrysler, Ford, GM, Mazda, Mitsubishi, Porsche, Toyota, and VW), the Recreational Vehicle Industry Association (which represents over 550 manufacturers and component suppliers who together produce about 95% of all US-manufactured RVs), Monaco Coach, Winnebago, National RV, and Hyundai Motor America have filed an amicus curiae brief, lending their support to Porsche's position. Court rules allow parties who might adversely be affected by the result in the case (amici) to file a brief urging the court to rule in the manner they believe is appropriate. Double or triple damages? The main complaint advanced by the amici is that the court not only awarded Tammi very substantial damages, but also allowed Tammi to keep the Porsche. This argu- 36 ment creates an engaging mathematical exerc Wisconsin's lemon law is very favorable to consu ers. It not only allows them to recover their dama generally the amount paid for the car, but dou them as a form of penalty. The amici claim cont that allowing Tammi to keep the car amounts t impermissible tripling of the damages. The trial court reasoned that Tammi shoul able to keep the Porsche because he paid for that was a wash. His damages are the amount h ($133,000), and that should be doubled. The amic that getting your $133,000 back and getting to $133,000 car is already a double recovery, so a $133,000 to the award accomplishes a tripling. Why would he buy a lemon? The amici also complain that Tammi's damages should not have included the amount of his buyout at the end of the lease, because Tammi was not legally required to pay that amount. That is, he could have chosen to return the car to Porsche at the end of the lease term and avoided payment of the $64,344 buy-out, but instead chose to buy the car even after becoming aware of its problems. Under that approach, Tammi's damages would be limited to the amount of the lease payments that he made before the buyout. The final complaint is that the trial court should have reduced Tammi's award by the value of the use of the car while he owned it. But, of course, we would expect Tammi to argue that, given the problems he encountered with the car, the value of his use wouldn't be a very significant number. He's got to come clean if he sells it Finally, the amici buttress their arguments by suggesting that consumer protection considerations should require that Tammi return the car to Porsche. Under the lemon law, the manufacturer may not resell the car to another purchaser without fully disclosing its lemon law history. But not so with a private seller, and Tammi would be in a position to resell the car to you or me without any disclosure at all. The trial court did order Tammi to make such a disclosure to any future buyer of the car, but the amici seem to believe that it would be too easy for Tammi to violate that without getting caught. Putting a price on principles “Legal Files” repeats its biggest question—why? It's certainly understandable that Porsche and the amici would want to avoid a “bad” precedent being set, but the trial court's decision is not legal precedent. It is just the result in a single case, and will not directly affect the outcome in any other case. Setting a legal precedent requires a decision from an appellate court, which is exactly what Porsche is going to get, and it could be good or bad. Porsche could have paid the judgment, or negotiated a settlement with Tammi, and that would have been the end of the matter, at less cost than will be incurred going forward. Perhaps there is more to the story that we aren't privy to, but if not, two possible ex- planations come to mind. First, it could be a case of ego, or, alternately, a case of Porsche believing that it is right and standing on its principles. Either way, it is something we can all learn about litigation. Once you file a lawsuit, what happens next, and what your expenses end up being, depends a lot on what the other side chooses to do. If they think they are right, and are willing to put their money were their principles lie, you're going to be in for a very long and expensive fight. To put it a little differently, many times litigation gets very expensive because each side sees itself as the victim acting in self-defense. When that happens, settlement won't come until both sides start to change their views, and recognize that each of them has some good points to make.♦ JOHN DRANEAS is an attorney and car collector in Oregon. His comments are general in nature and no substitute for consultation with an attorney. He can be reached at legalfiles@sportscarmarket.com Sports Car Market

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Requiem for Christie's Motorcar Division “The collector cars auction market is a bit like a dormant volcano—every now and then you get an eruption” by Donald Osborne O n September 5, in a brief three-sentence statement, Christie's announced the closing of its International Motor Cars department. Stating that the decision was made “following a periodic strategic review of operations,” the division ended business at the end of the month. Adding to the drama, shortly after the news from Christie's came word that three of the fi ve-member department—Rupert Banner, Philip Kantor and Gordon McCall—would be joining former rival Bonhams. So why was the decision made? mergers is now Bonhams. The Christie's team built a formi- dable operation in the 1980s, culminating in the November 1987 sale of the Bugatti Royale “Kellner Coupe” for $9.8 million, which still stands today as the highest priced car ever sold at auction. So why did they leave? “In the '80s, we got support [from One less department at Christie's NYC What brought Christie's to this point? Was it the intended departure of the personnel that led to the closure? Or did those members of the staff decide to leave because of the intended closure of the department? It raised questions of the relative positions of “carts and horses,” or the arrival order of “chickens and eggs.” Which actually came fi rst? And does it matter? Christie's is a 241-year-old company, the world's largest seller of art at auction. They had run what was the longest-standing name in collector car sales with a department started in 1972, and many of the principal players in the worldwide auction market are former Christie's staffers. Art for art's $ake It's worth taking a look at what cars meant to the overall Christie's business. The company sold $4.67 billion worth of goods in 2006; 2007's half-year sales had already reached $3.25 billion. In comparison, Motor Cars department numbers were $21.2 million from fi ve events (Paris, London, Le Mans, Greenwich, and Monterey) in 2006 and $19.7 million from three events (Paris, Greenwich, and Monterey) held in 2007. These are not bad numbers in themselves, raised from auctions which typically featured fewer than 100 lots in each. However, when you realize that a single lot in one of the fall blockbuster New York art sales could equal either of those totals, one scenario as to why Christie's management might have arrived at their decision seems clear. On the other side is the issue of the people. Although it might seem surprising to see what appears to be a mass migration to a competitor, it's happened before—more than once. As James Knight, Managing Director of Bonhams's Motoring Department explained, “The collector cars auction market is a bit like a dormant volcano—every now and then you get an eruption….” All roads lead from Rome Sotheby's, the fi rst major auction house to establish a collector car division in the mid-1960s, experienced such an event when Malcolm Barber, currently the CEO of Bonhams & Butterfi elds, left after 24 years with the company to join Robert Brooks in his then-eponymous auction company in 1994. Brooks himself was an alumnus of Christie's, as was Knight. They both left Christie's in 1989 when Brooks started his new company, which after several 38 management] as an integral part of the business. When we left in '89, we felt that support was no longer there,” said Knight. Nevertheless, there was enough interest left at Christie's to encourage them to rebuild the car department and to keep it going strong for quite a while. David Gooding, himself an ex-Christie's man, was a key part of the operation from 1989 until 1999, when he left to join rival RM Auctions. He subsequently departed the Canadian fi rm to start his own company. He feels that no matter the attention given to the department by Christie's, ultimately “the company is about selling paintings, furniture, and jewelry.” Going out with a Mc-bang The departure of Gooding, and two years later that of Miles Morris, who succeeded Gooding, and Morris's right-hand man, Malcolm Welford, could not have helped Christie's. It is then all the more remarkable that a refocused organization, run by Banner and Christopher Sanger, continued up through August to stage successful sales and hold attention in the market. “I'm very proud of what we accomplished, and we went out on a great note with the Monterey sale,” said Sanger. “The McQueen Ferrari Lusso was one of the biggest stories of the entire week. To the end, we worked very hard to deliver maximum results for our consignors and we did, bringing fresh, interesting cars to the market, like the Bugatti T57 we sold in Greenwich.” It's clear that auctioning cars is, logistically, a very different thing from selling fi ne art. “Dealing with sale locations away from your showrooms, trans- portation and insurance, and the potential liability issues involved with dealing in cars is a complex and sometimes diffi cult task,” says Malcolm Barber. For Christie's, it seemed to be a question of making a decision to allot the resources, in people and money, to re-attack the business with the aggressiveness they employ in the fi ne art market. Given their success in that arena, perhaps its former competitors should be pleased they decided otherwise. It will be interesting to observe the movement in the auction world as the various players seek to fi ll the void left by Christie's, both in the U.S. and in Europe. The battle for market share, plum consignments, and media attention will be as sharp as ever, perhaps even more so. Certainly RM's continued, and to date successful, attempts to penetrate the European market will be even more closely watched. Although there is one fewer volcano left, don't for a moment think the underlying stresses have diminished. ♦ Sports Car Market

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Christie's Alumni Several familiar faces have graced the halls of CMU—Christie's Motorcar University Rupert Banner, 1998–2007 Department Head Robert Brooks, 1977–1989 Department Head David Gooding, 1989–1999 Managing Director, U.S. Philip Kantor, 2001–2007 Director & European Specialist James Knight, 1983–1989 Specialist, U.K. Gordon McCall, 1999–2007 Specialist, U.S. November 2007 Miles Morris, 1989–2003 Department Head Malcolm Welford, 1995–2003 Specialist, U.K. 39

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Event The Quail An Afternoon of Impeccable Taste I would gladly have given several limbs for any of the several 250 GT Pininfarina cabs by Donald Osborne T he Quail, A Motorsports Gathering, held at The Quail Lodge in Carmel Valley, is now in its fifth year, and has been gaining in stature with each occurrence. Great cars, gourmet food and wines (with short lines and plentiful quantity), cloth-covered tables shaded by umbrellas, and cool sunshine greeted the sold-out crowd of 3,000 attendees. The 137 cars on the lawn ran the gamut from rare race cars, sports and touring cars, to a Fiat 500 being driven around the world by an Australian couple, as well as modern supercars such as the Bugatti Veyron. For those who wanted to sample a new-car experience along with their vintage one, ride-and-drives were offered by Lexus, Maserati, Mercedes-Benz, and Land Rover. Bonhams & Butterfields offered a jewelry auction on site at The Quail and held its annual automobilia and collector car sale across the road in the main tent to add to the menu of activities for attendees. Every year, special displays are the centerpiece of The Quail. This year celebrated the 100th birthday of Briggs Cunningham, along with a number of other anniversaries—the 75th running of the Monte Carlo Rally, 50 years of racing at Laguna Seca, and the 50 years of the Ferrari 250 GT Pininfarina cabriolet. An extraordinary assortment of cars were assembled for each, including three Cunninghams from SCMer Miles Collier's collection, a C-5R, C-6R, and the mar- 14 250 GT Pininfarina Cabs on display velous 1950 Cadillac Series 61 Le Mans. Monte Rally cars included SCMer William “Chip” Connor's 1933 Alfa Romeo 8C 2300, driven in the event by Luigi Chinetti, as well as an '84 Renault 5 Turbo II. Laguna Seca racers were represented by the '53 Aston Martin DB3S of John McCaw, Don Orosco's Reventlow Scarab Mark I, and the Ol' Yaller Mark III from the Petersen Museum. As for the Ferraris, this was the most impressive group of 250 Pininfarina cabrios I (or most others) have ever seen, with 14 pristine and spectacular examples of the rare spider. I would have gladly given several limbs for any of them, but especially tasty were those of SCMers John Mozart, Sam Mann, and John Clinard. Among the other classes were equally rare and wonderful cars, including a 1964 Morgan Plus Four coupe, a lovely Vignale-bodied 1948 Packard Victoria convertible, a wacky 1954 Kurtis 500M, the most perfect 1949 Alfa Romeo Villa d'Este coupe I've ever seen, and my all-round favorite—Ira Zalesin's 1953 Lancia Appia sedan, an Abarth-prepared veteran of the 1954 Mille Miglia. A continuing feature of the event was the helicopter shuttle to Laguna Seca and the Monterey Historics, allowing participants at the track to come over for lunch and return to their races without the hassle of road traffic. SCM's Publisher Keith Martin made an appearance at the magazine's booth to sign books and greet the many subscribers and friends who made their way over to give their regards. “This was my first time at the Quail,” he commented, “and as a quiet, elegant way to look at a carefully-selected group of elegant, and important, cars the event has its own unique appeal.” Details Collier's Cunningham C-5R 40 Plan ahead: Late August, 2008 Where: The Quail Lodge, Carmel Valley Cost: $200, all inclusive More: www.quaillodge.com As has become a custom at The Quail, a selected group of race cars entered in the Monterey Historics make a dramatic and raucous entry about an hour and a half after the start of the event, to the delight of the crowd. Winners at The Quail included Linda and John Clinard, who took the Road & Sports Car Market

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Track award for their Ferrari 250 GT Cabriolet, William Connor II, winner of the Monte Carlo anniversary class, and Best of Show, which was given to the Cunningham C-4R of Fred Simione. The Quail's relaxed and casual ambience, its all-inclusive pricing, its gourmet food and drink, and, of course, superb cars are a real treat in a week that has in many ways become more and more crowded and stressful. It is a must-attend event for any enthusiast, and it sells out quickly. Plan ahead and buy your tickets for the 2008 edition as soon as sales are announced—this year was sold out months in advance. ♦ 1959 Deutsch-Bonnet HBR 5, part of Monte Carlo history The Quail SCMers Michael Alessandro—Rancho Santa Fe, CA 1990 Ferrari F40 Gerald Barnes—Anaheim, CA 2006 Bugatti Veyron 2003 Ferrari Enzo Jay Barnhardt—Los Angeles, CA 1932 Ford roadster Stanley Bauer—Beverly Hills, CA 1953 Jaguar XK 120 SE Vincent Burgos—San Francisco, CA 1955 Morgan Plus Four Bernard Carl—Washington, D.C. 1966 Ford Mustang Alan Chalk—Westlake Village, CA 1962 Ducati 250 Diana John Clinard—Irvine, CA 1958 Ferrari 250 GT cabriolet Thomas Coady Jr.—Paxton, IL 1953 Cunningham C3 William Connor—San Diego, CA 1933 Alfa Romeo 8C 2300 Arthur & Nevada Cook—Pacific Palisades, CA 1959 Deutsch-Bonnet HBR 5 Gary & Junie Cooper—Ventura, CA 1947 Triumph roadster Patrick Craig—El Paso, TX 1964 Ferrari 250 GTL Lusso Tancredi D'Amore—Corte Madera, CA 1958 Alfa Romeo Giulietta Spyder Veloce Bob Dermody—La Jolla, CA 1966 Jaguar XKE coupe James & Martha Foght—Barrington, IL 1939 Bugatti T57 C Gary Gaska—Gresham, OR 1984 Audi Sport Quattro coupe November 2007 David Ferguson & Gayle Jones—Lafayette, IN 2006 Ford GT40 Mark & Connie Gessler—Potomac, MD 1961 Abarth 1000 GT James Glickenhaus—Rye, NY 1967 Ferrari P3/4 0846 1967 Ford Mk IV J6 Don Greene—Ventura, CA 1960 Triumph Italia 2000 William Grimsley—Sausalito, CA 1957 Ferrari 250 GT Cabriolet Series 1 Morris Halperin—Los Angeles, CA 1966 Ferrari 275 GTB/6C William & Marcy Hammerstein— Beverly Hills, CA 1958 Mercedes-Benz 300SL Harold Hayes—Chicago, IL 1957 Ferrari 250 GT Cabriolet Series 1 Lee Herrington—Bow, NH 1957 Ferrari 250 GT Cabriolet Series 1 Steven Hilton—Scottsdale, AZ 1958 Lister BHL 102 Weston Hook—La Jolla, CA Ferrari 500 Superfast Michael Kadoorie—Hong Kong Ferrari 250 GT Cabriolet Series 1 Arturo Keller—Petaluma, CA 1938 Alfa Romeo 8C 2900 Stabilimenti Farina 1929 Mercedes SS Murphy William & Alisa Kling—Malibu, CA 1947 Ford Sportsman Robert D. Lebenson—Las Vegas, NV 1968 Ferrari 365 GTC Pininfarina Dick Messer & Leslie Kendall— Corona Del Mar, CA 1959 Ol'Yaller Mk III Michael Malamut—Thousand Oaks, CA 1955 Porsche 356 Continental Sunroof Sam Mann—Englewood, NJ 1958 Ferrari 250 GT Cabriolet Series 1 Richard McClure—Tallahassee, FL 1952 Jaguar Mark VII saloon Chuck McCreight—Westchester, CA 1967 Ferrari 330 GTC Mitch & Kim McCullough— Redondo Beach, CA 1970 Alpine Renault A110 1600S Bruce Meyer—Beverly Hills, CA 1960 Corvette convertible Mark Miller—New York, NY 1950 Jaguar XK 120 Sissy & Roger Morrison—Santa Barbara, CA 1964 Shelby 289 Cobra roadster Glenn Mounger—Bainbridge Island, WA 1959 Ferrari 250 GT Cabriolet Series 1 John & Heather Mozart—Palo Alto, CA 1958 Ferrari 250 GT Cabriolet Series 1 Peter & Merle Mullin—Los Angeles, CA 1936 Bugatti 57 C Jerry Murray—Costa Mesa, CA 1972 Porsche 911 Carrera Donald & Carol Murray—Laguna Beach, CA 1959 Porsche 356GT Speedster Terry O'Reilly—San Mateo, CA 1950 Talbot-Lago T26 Record Patrick Phinny—Carmel, CA 1934 Ringling & Henning Indianapolis 2-Seater John Queen—Rancho Santa Fe, CA 1952 Ferrari 212 Europa cabriolet Hillary Raab—Crown Point, IN 1959 Ferrari 250 GT Cabriolet Series 1 41 Randy Reiss—Los Angeles, CA 1958 Ferrari 250 GT Cabriolet Series 1 Allison & Richard Roeder—Los Angeles, CA 1960 Porsche 356 Super 90 GT coupe Jerry Roehl—Albuquerque, NM 1958 Ferrari 250 GT Cabriolet Series 1 Matthew Sell—Boise, ID 1939 BMW 328 roadster Syd Silverman—Rye, NY 1959 Lister Jaguar Fred Simione—Philadelphia, PA 1952 Cunningham C-4R JC & Liz Solomon—Jupiter, FL 1955 Jaguar XK 140 FHC David Steel—Temecula, CA 1966 Ford Lotus Cortina Peter Stoneberg—Belvedere, CA 1973 Porsche RSR Rally Robert Strand—Carmel, CA 1947 MG TC roadster Anthony Symmes—Paradise, CA 1955 Aston Martin DB3S Paul Tullius—Chico, CA 1961 Lancia Appia Sport John Vardanian—Walnut Creek, CA 1959 Ferrari 250 GT PF coupe Timothy Walker—Pasadena, CA 1949 Alfa Romeo Villa d'Este coupe William Weiner—Los Gatos, CA 1962 Jaguar XKE OTS Malcolm Welford—Costa Mesa, CA 1967 Ferrari 275 GTB/4 Ira & Marian Zalesin—San Mateo, CA 1953 Lancia Series 1 Appia Abarth

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Ferrari Profile 1963 Ferrari 250 GTL “Lusso” Berlinetta It's easy to imagine Steve McQueen driving the Lusso up Highway 1 at speed. The new owner can make the ultimate nostalgia trip By John Apen Details Years produced:1962–64 Number produced: 350 Original list price: $13,375 SCM Valuation: $400,000–$500,000 Tune-up cost: $2,000 Distributor cap: 2 @ $400 each Chassis #: Front frame tube Engine #: Engine rear mount Club: Ferrari Club of America, Box 720597 Atlanta, GA 30358 More: www.ferrariclubofamerica.org Alternatives: Elton John's Jag XJ220, Frank Sinatra's T-Bird, Jackie O's BMW 325i SCM Investment Grade: B without McQueen, A with Comps Photos: Michael Furman © Michael Regalia 2007 Chassis number: 4891 L ate in 1962, at the Paris Show, Ferrari introduced the Lusso Berlinetta, the last of the 250 series. The Lusso combined features of the 250 SWB and the 250 GTO in a beautiful, luxurious steel body by Scaglietti, and was one of Pininfarina's most successful designs. The design incorporated aerodynamic refinement, the result of Ferrari's experience with the round-tailed SWB and the cutoff Kamm tail of the GTO. The sloping back window flowed to the short rear deck and the effective spoiler above the Kamm tail. “Lusso” means luxury, and the car was trimmed with thick carpets and soft leather. Like all Ferraris, the Lusso was a driver's car, with excellent visibility. In barely 18 months, 350 were built. Steve McQueen parted with his Lusso in late 1967, after becoming irritated with the smoke under hard acceleration. He had the engine rebuilt but the smoke persisted, so he traded it to Charlie Hayes, ex Can-Am driver and dealer, who advertised it in Competition Press, now AutoWeek. San Francisco collector Tom Sherwood purchased it in July 1972, for $8,000. Sherwood drove it about 6,000 miles and did some restoration during his 25-year ownership. In 1997, he sold it to Mike Regalia, past president of and guiding light behind many of the Nethercutt Collection's Concours-winning restorations. Regalia called it “the nicest unmolested Lusso that needed a restoration in the world. Cosmetically it was not great, but it ran very well.” The Lusso's association with McQueen was un- 42 documented, but SCMer Mike Sheehan obtained the original order by Santa Monica dealer Otto Zipper to Luigi Chinetti showing the purchaser was Steve McQueen. McQueen's wife, Neile, actually ordered it before his 34th birthday. It quickly became McQueen's favorite for high-speed road trips. McQueen's son, Chad, introduced Regalia to McQueen's friend, photographer William Claxton, and painter Lee Brown, who remembered the Lusso. Claxton had a number of photos of their 1,500-mile trip up Route 1 a week or so after McQueen took delivery. Lee Brown, who repainted the Lusso for McQueen, had a can of touch-up paint marked “McQueen Lusso,” which he had saved for 30 years. Restoration began in 2000, and Regalia stripped the body to reveal rust-free and undamaged metal. The engine was removed and serviced, but because it had only been 6,000 miles since its last rebuild, the internals required no work. Doing all the metal, mechanical work, and detailing himself, Regalia took his time until March 2005, when Pebble Beach Concours chairman Glen Mounger asked Regalia if the car could be finished for the August occasion, honoring Pininfarina, which meant the restoration went from idle to redline, resulting in a seven-daya-week push. The Lusso was shown at the Concours but did not win an award. Additional work followed, which resulted in Platinum Awards at the 2006 Cavallino Classic and Concours on Rodeo Drive and Best in 1964 Ferrari 250 GTL Lusso Lot# 66, s/n 4715 Condition: 1Sold at $506,000 Worldwide Group, Seabrook, TX, 5/5/2007 SCM# 45320 1964 Ferrari 250 GTL Lusso Lot# 208, s/n 5525GT Condition: 1 Sold at $339,802 Bonhams, Gstaad, CHE, 12/17/2006 SCM# 43807 1963 Ferrari 250 GTL Lusso Lot# 194, s/n 4965GT Condition: 1 Sold at $595,450 Bonhams, Monte Carlo, MCO, 5/20/2006 SCM# 41940 Sports Car Market

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Class at Amelia Island in March 2006. Now in concours condition, it comes with extensive documentation, including a copy of the original order, Lee Brown's touchup paint, documentation and photographs by William Claxton, and McQueen's California license plates. SCM Analysis This Lusso sold for $2,310,000 at Christie's August 2007 Monterey auction, certainly a world record for a Lusso and over fi ve times the $400,000 that an excellent Lusso without celebrity provenance would otherwise bring. The McQueen legacy seems to produce prices about fi ve times normal based on sales of his stuff at the Bonhams Petersen Museum auction last November. And the Lusso sold in that range. So what does this outstanding result say about Lusso values? Absolutely nothing. On inspection, I found little to fault—it was beautifully done. It wasn't a winner at its one Pebble Beach appearance, but good enough to garner Platinum status—95 points-plus—at Ferrari concours. Collectors own objects for the value they provide. Collector car value resides in the associations with technical or aesthetic superiority during the period. Celebrity ownership causes cars to be valued highly, because of the value associated with famous people. Value based on proven connection Jacqueline Kennedy Onassis's BMW 325i sold for $79,500 in 1995. Like most everything else at her estate November 2007 43 William Claxton / Courtesy of Demont Photo Management, LLC

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Ferrari Profile auction, it was considerably more than Sotheby's estimates of $18,000–$22,000 before the sale. “As long as she left those cigarette butts in the ashtray and the horse show programs in the trunk,” said Dave Brownell, then editor of Hemmings Motor News, “That's what they were buying. They weren't buying a car.” But after the comprehensive restoration this Lusso received, there were certainly no cigarette butts left, or anything McQueen had ever touched. So the associative value here is based on the excellent documentation that Christie's and Regalia provided of McQueen's attachment to the Lusso. Christie's and the owner's excellent promotion brought together serious car col- lectors and the most fervent of nostalgia buff to achieve this outstanding result. Are there any rules that determine why one celebrity's artifacts bring high premiums? The question of how much celebrity provenance adds to a car is complex. In a recent article on such provenance, Publisher Martin concluded that investing in celebrity ownership has its pitfalls and that verifiable historic competition achievement is the safer bet. As far as increased dollars for celebrity ownership, the congruence of the celebrity inherent in the car and the nature of McQueen's own celebrity might have importance. The Lusso is itself a celebrity; the mystique of Ferrari, some would say, is the ultimate automotive symbol of car coolness. And McQueen was the quintessentially cool car guy. Ferraris for McQueen were what Nike basketball sneakers are to Michael Jordan. A Michael Jordan iPod would not garner as much celebrity value, since it's hard to visualize Jordan using one during a game, whereas McQueen's “car guy coolness” was built on his reputation for doing many of his own stunts, including those in “Bullitt” in 1968, and his ownership of many great fast cars. It's easy to visualize McQueen driving the Lusso up Highway 1 at unwarranted speeds. So the new owner can make the ultimate nostalgia trip. Another important addition of value, whether in the art world or in celebrity arti- facts, is rarity and the sanctity of the artist's/owner's image. So artifacts of deceased celebrities should be worth more, since there is a finite number of items. Elvis or Rembrandt aren't going to buy/produce more cars or masterpieces. Of course, celebrity reputation is also a factor—Michael Vick artifacts took a precipitous drop recently. Deceased celebrities' stuff should be a safer buy, as it's hard to imagine a corpse being booked for a DUI, steroid use, or shoplifting. Celebrity can be fleeting Another consideration, as Martin pointed out in his article, is that celebrity can be fleeting. And the recent explosion of multimedia content on the Internet has led to an increase in the number of celebrities. Reality TV and YouTube produce short-lived celebrities fulfilling Warhol's prediction: “In the future, everyone will be famous for fifteen minutes.” Recently, a study by psychologists shows that nearly one third of Americans display signs of “celebrity obsession.” Americans not only have more celebrities from which to choose, but they appear to care more about them. A recognized Seat Time Larry Bloomer, Los Angeles, CA: We've owned the same Lusso since 1965 or 1966, and have watched it and other cars from the same decade run up and down with each economic cycle. In the late '80s, the Lusso approached $675k. By 1993, it had fallen to near $200k. The difference between this cycle and that one appears to be its buyers. Today, car buyers appear to be buying cars to hold and enjoy rather than primarily as investments to resell. I've watched the 275 GTB/4 climb far above the Lusso in price several times and have wondered why such a spread. Mike Regalia's (Steve McQueen) car was very nicely restored. Not long ago, SCM reported a Lusso sale at $600k , which was just a glorified racer (September 2006). With only 350 built, and many of those gone, I feel the Christie's sale is recognition of the Lusso's value and validation of the car's beauty and driving quality. We've driven our Lusso close to 200,000 fun and rally miles dur- ing our ownership. It has all the V12 noise and driving qualities that made Ferrari famous. It doesn't need celebrity bidders or a prior celebrity owner to make it valuable. ♦ celebrity like McQueen, who died in 1980, is a safer bet than, say, Paris Hilton. McQueen's Lusso has many favorable attributes, so maybe the five-times sale price factor is justified. After all, Elton John's 20 cars at Christie's 2001 London auction all sold above Christie's generously high estimates; some reached close to three times the estimate. And Elton is still buying cars. As he said later, “There's obviously a lot of money to be made from second-hand cars!” And as the Christie's sale showed, there is even more money to be made from collector cars belonging to departed celebrities, especially if they are “car guys.” In the end, the sale of this car says more about McQueen than it does about Ferrari. ♦ JOHN APEN owned the Atlanta Ferrari dealership, FAF Motorcars, for 17 years. He sold many $8,000 Lussos and regrets not keeping one. (Introductory description courtesy of Christie's.) 44 Sports Car Market

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Sheehan Speaks Michael Sheehan Collecting Ferraris for Art's Sake Which would you rather have, a dead 14-ft shark in a tank of formaldehyde, or a real alloy-bodied 250 SWB with Le Mans history? T o the aficionado, Ferraris have always been industrial art, the pinnacle of technology and styling of their era. Many of my clients have described their Ferraris as user-friendly interactive art. In the last decade, auctioneers and collectors have created a new world of art buyers intertwined with Ferrari buyers. Most auction houses sell art in the form of paintings or sculptures, so they know how the game is played, and many high-end Ferrari collectors are also art collectors. With the sale of the Steve McQueen Lusso at Christie's Monterey auction, at about five times the cost of a “normal” Lusso, some significant Ferraris may have morphed into interactive modern art. Provenance and sustainability While the more traditional art market is driven by centuries of philanthropy, collecting, and a long history of patronage and appreciation, the modern art market and contemporary collectibles lack the same depth of tradition. I contend that the Ferrari market functions under the same set of rule as classical art—provenance and sustainability. Which will matter more in ten $12m GTO: Would it be worth more framed? Ferraris recover, modern art booms Relative to the modern art market, Ferraris have been losing the value wars since the crash of the '90s. At that time, 250 GTOs sold for about 25% of the value of the very top paintings, like Van Gogh's Sunflowers ($13.75 million against $53.9 million). It has taken 17 long years for Ferraris to get close to their 1989 market prices, while fine art has spiraled upward. One needs only to look at Jeff Koons, the guru of modern American artists, or British modern artist Damien Hirst, to see how modern art has outpaced Ferraris. As long ago as 1988, Koons created Michael Jackson and Bubbles—claimed to be the world's largest ceramic—a gold-leaf-plated, life-sized statue of a seated Jackson cuddling Bubbles, his pet chimpanzee. In 2001, it sold at Sotheby's New York for $5,600,000, at a time when Ferrari prices were just starting to recover from the fall of 1989. Koons was one-upped that same year by Hirst, who createdThe Physical Impossibility of Death in the Mind of Someone Living, which consisted of a 14-foot tiger shark preserved in a formaldehyde-filled glass tank. Commissioned by British modern art patron Charles Saatchi, it sold in 2004 for $8,000,000. This sale was followed by Hirst's sale of Lullaby Spring, a steel medicine chest filled with 6,000 painted pills, sold by Sotheby's London in June 2007 for $19,100,000, making Hirst's works the most expensive by a living artist. In late August, almost simultaneous with the sale of the Steve McQueen Lusso for $2,310,000, Hirst sold For the Love of God, a platinum cast of a human skull encrusted with 8,601 diamonds and capped off with a pear-shaped diamond in the forehead of the skull, for a staggering $100,000,000. Art auctions versus car auctions As an example of the gap between art and collector car auctions, the six different Monterey auctions brought in numbers from $500,000 at Kruse, to $61,000,000 at Gooding. The total was $134,839,073 from a combined nine nights of auctions. Now look at the modern art world. Sotheby's New York contemporary art sale on May 15, 2007, brought in a staggering $254,870,000 on a Tuesday night, followed by an eyepopping $384,654,400 at Christie's New York art sale the day after. That's $639,528,400 over only two nights. As they say in the car and art business, this is Serious Money. It is widely anticipated in the art world that 2007 will see the first $200,000,000 public sale of a painting, assuming the right work can be brought to market. Only a tiny portion of the U.S. population—an estimated 0.1%, or less—can play in this stratosphere, yet they still number 300,000 people. If they were so inclined, every one of those people could buy Lullaby Spring, or, for less, a 250 GTO, and not blink. 46 years, or 50 years, or 100 years? A 250 GTO, 275 GTB/C, or 365 GTB/4 with a Le Mans, Daytona, or Tour de France race history under the NART, Pozzi, or Maranello colors? Will a dead shark in formaldehyde be a massive, “Monty Python” put-on, like the Emperor's New Clothes, a massive silliness for which someone has paid way too much? Or will it be an enduring example of modern art? I'll admit I'm biased, but which would you rather have, a 14-ft shark in a tank of formaldehyde, or a real alloy-bodied 250 SWB with Le Mans history? Can't decide? What about one of the 15 factory 365 GTB/Cs with Le Mans history? You can have both the 250 SWB and the 365 GTB/C for less today than the $8m dead shark. Yet today the shark is certainly worth even more (even though the original shark wasn't preserved properly, and rotted, so that Hirst had to get a new shark). If the shark were a Ferrari, it would be a rebodied and respined shark, a repli-shark. So for a Ferrari to be art, is originality the key valua- tion factor, even at the expense of rendering the machine unusable for its intended purpose? In other words, would the McQueen Lusso have been more collectible had it been unrestored and the new buyer able to sit on the very same leather scratched by McQueen's denims? What if the Venus de Milo statue were given a new set of arms made up to replace what is missing? I firmly believe that Brandon Wang's dead-original 250 GTO, s/n 4219, is more a “piece of art” than 250 GTO s/n 3445, which has been rebodied twice, because Pedro Rodriguez actually sat in s/n 4219's seat and held that very steering wheel. Good original cars are becoming harder to find, cars with race history command greater value than road cars, and cars that are virtually untouched are the ones that will become automotive art gallery material. But how many are left? As for road cars, the premium paid for Garrison's Daytona Spyder at $2,035,000 wasn't just the virtue of low mileage but its perfect and original 1973 preservation—just like a nicely preserved Louis XIV piece of furniture. If a collectible Ferrari, or any other marque, is to be considered art, it needs to be an item of historic importance that transcends being a motor car. Sports Car Market Photo: Marcel Massini

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A wealthy potential market Excluding sales of new Ferraris, the buyers in the high- end collector Ferrari market probably total a thousand people. So, logically, Ferrari “penetration” is only 0.3% of our target market of 300,000 multi-millionaires. That leaves a massive potential, if any more could be converted into buyers. With the staggering wealth generated in Asia, Russia, and the Middle East, a world awash in petro-dollars, and a weak dollar countered by a very strong pound and euro, it's not hard to imagine an increase to just 1% or 3,000 people. That's a threefold increase in demand, which can only drive up prices. As just one example of one of those new “outside-the-box” collectors, Indian beer and aviation magnate Vijay Mallya has quietly built a collection of some 280 cars in India, with some in the U.S., while also sponsoring Indy cars and recently buying up the Spyker F1 team. I suggest that never has so much wealth been in the hands of so few worldwide, although only a small percentage of them are buyers of collector cars, such as Ferraris. As that market grows, it will be obvious that the most collectible and historically significant Ferraris are still underpriced in the broadly-defined collector market. Especially when compared with modern art such as statues of Michael Jackson and a chimp, or a stuffed shark, or a diamond-encrusted skull. Global media/market awareness will continue to propel Ferraris of significance to the apex of the classic car world, perhaps closing the gap with modern art values, although in the longer term both will Hirst's Lullaby Spring, $19m for 6,000 pills always be at a discount to traditional classical art. (My thanks to Michael Lynch, Anthony Moody, and Andrew Turner for their thoughts.) ♦ MICHAEL SHEEHAN has been a Ferrari broker and race driver for 30 years. He has raced in the Mazda Pro Series, IMSA GTO ,and IMSA Camel Lite, with three drives in the 24 Hours of Daytona. November 2007 47 Sotheby's

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English Profile 1931 Bentley 4½ Liter Supercharged Boattail It never won a major race and proved almost sale-proof, but the macho Blower Bentley is Britain's ultimate vintage sports car by Simon Kidston Details Years produced: 1928 (prototype)–31 Number produced: 55 Original list price: $5,215–$6,689 (chassis only) SCM Valuation: $1.5m–$6m (depending on coachwork and provenance) Cost per hour to race: $500 Tune-up cost: $1,000–$2,000 Chassis #: Front engine bearing cross member, under left hood sill Engine #: Left side above starter and front cross shaft tunnel Club: Bentley Drivers Club, W.O. Bentley Memorial Building, Ironstone Lane, Wroxton, Banbury, Oxfordshire, OX15 6ED More: www.bdcl.org Alternatives: 1931–34 Alfa Romeo 8C 2300, 1927–29 Mercedes-Benz S-type, 1931–35 Invicta S-type Low Chassis SCM Investment Grade: A Chassis number: SM3916 T hough only 50 production Blower Bentleys were built, experts estimate that 43 still exist. Of that number, few if any are as untouched as this car. Indeed, no less a vintage Bentley authority than Clare Hay has written about SM3916: “[It is] in such original order that the felt damping pad to prevent vibration between the supercharger and the aluminum cowling is still in place.” Its first owner was S.B. Peck, who took delivery on December 31, 1931, from the Jack Barclay showrooms in London. It was fitted with an extremely sporting Gurney Nutting 2/3 passenger boattail body, one of two or possibly three executed in this style. In any case, this is the sole remaining example and most closely resembles the Gurney Nutting boattail built for Bentley chairman and successful Bentley Boy racing driver Woolf Barnato. This car was one of the earlier Bentley acquisitions from the U.K. by Bill and Ann Klein and remained a cherished favorite through the years. Bill's nickname for the car was “The Green Hornet,” as can be seen on a small plaque on the dashboard. He made a gift of the car to Ann in 1953, and it has remained in her possession ever since. While this particular Bentley does not boast a fac- tory competition history, it certainly looks the part of a proper sports racing car of the period with its graceful, no-nonsense lightweight boattail body married to that supercharged 4 1/2-liter chassis and close-ratio gearbox. It delivers what it promises with performance that marked it as a supercar when new and even more so among vintage sports cars today. Any supercharged 4 1/2-liter Bentley must be con- sidered among the top rank in collector cars worldwide. To find one that is so very original with such stunning 48 coachwork gives it an added cachet and desirability that is virtually unique among these marvelous motorcars. SCM Analysis This car sold for $4,510,000 at the Gooding auction on August 19, 2007, during the Pebble Beach weekend. The “vintage” or “W.O.” (after its creator's ini- tials) Bentley lasted from the eponymous company's 1919 foundation until its bankruptcy in July 1931, victim of the Wall Street crash, a glamorous but costly racing program, and management that was arguably more concerned with building than selling the ultimate motor car. Fast, large, and expensive, the vintage Bentley reflected W.O.'s early training as a railway engineer, causing rival Ettore Bugatti to remark that “Monsieur Bentley builds the fastest lorries in the world….” To the patriotic British motoring public, these “lorries” were a source of pride comparable to Duesenberg in the States; 80 years later, the current generation of admirers are usually successful entrepreneurs rather than impecunious schoolboys, hence the increase in the cost of ownership compared to the original factory price list. Of all vintage Bentleys, it is ironic that the most sought-after model should be the supercharged 4 1/2 Liter. In her definitive Blower Bentley book, the aforementioned Clare Hay observed: “The impetus behind the Blower Bentley came almost entirely from one man—Sir Henry Birkin, Bart., known to all and sundry as ‘Tim'. Birkin is perhaps the most interesting of the ‘Bentley Boys'... W.O. himself said of Birkin that ‘His gaily vivid, restless personality seemed to be always driving him on to something 1930 Bentley Speed Six Lot# 83, s/n HM2868 Condition: 3+ Sold at $5,109,665 Christie's, Le Mans, FRA, 7/23/2004 SCM# 34915 Comps 1928 Bentley 4 1/2 Liter Lot #86, s/n HM3088 Condition: 3- Sold at $2,023,065 Christie's, Le Mans, FRA, 7/23/2004 SCM# 34914 1929 Bentley Speed Six Lot#454, s/n SB2773 Condition: 2 Sold at $1,815,000 RM, Monterey, CA, 8/18/2006 SCM# 42547 Sports Car Market Photos by Pawel Litwinski ©2007 Courtesy of Gooding & Company

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and fitted with unusual two/three seater coachwork by the most prestigious British coachbuilder of the day, Gurney Nutting, a favorite of Woolf Barnato. As Gooding's catalog observed, their interpretation for SM3916 bore some resemblance to the chairman's own Blower (SM3909), although its lacks the latter's racy helmet wings and rear screen. In her original 1986 book, Bentley, The Vintage Years, Claire Hay noted that SM3915 and 3916 were “built as cheaper copies of SM3909.” In fact, there were probably three “less expensive” 2/3 seaters in- spired by the Barnato Blower—one red, one blue, and one green—the car pictured being the last and the only one to survive unmolested. It may not have quite the sex appeal of a Birkin team car, but do your homework and it won't take you long to discover that an original Le Mans-style four-seater Blower is something of a rarity, many having been ordered with the rather more luxurious bodywork fashionable at the time and the final cars bodied down to a price. Just four “semi-Le Mans” Vanden Plas tourers were built for favored clients, and together with the Gurney Nutting 2/3 seaters, any of the survivors would be new and spectacular, and unfortunately our 4 1/2-liter car was one of his targets.'” W.O. famously disapproved of supercharging, re- marking “there's no replacement for displacement.” Birkin, however, was convinced otherwise, and with the backing of wealthy young heiress Dorothy Paget, he set about building a handful of 4 1/2-liter cars to “blown” (i.e. supercharged) specification for racing. The resulting four Blowers (plus one that never raced) are today referred to as the “Birkin Team Cars” and are perhaps the most valuable Bentleys in existence. In order to homologate them for the all-important Le Mans 24 Hours, Birkin had to persuade Bentley Motors to build 50 production examples. Conveniently, by 1928, the company was controlled by 33-year-old Woolf “Babe” Barnato, a sporting client who in 1925 had become the company's financial savior (and chairman), with W.O. relegated to the role of joint managing director. This was the background to the agreement signed in October 1928 between Bentley Motors, Tim Birkin, and 28-year-old consultant engineer Amherst Villiers (first cousin of Winston Churchill), who was entrusted with supercharging the 4 1/2. Meanwhile, Bentley Motors continued development of a high-performance version of its flagship “Big Six” model, the resulting Speed Six becoming the firm's front line racing weapon from the 1929 season onward. In the event, it was the Speed Six that cemented the Bentley legend on the track, winning the Le Mans 24 Hours in both 1929 and 1930, while poor Birkin's Blowers failed to win a single major race. Perhaps its most memorable achievement was the 1930 French Grand Prix at Pau, which saw the quixotic spectacle of Birkin's stripped-down yet towering Blower chasing no fewer than 16 GP Bugattis, eventually finishing second to “Phi Phi” Etancelin's Type 35C. Birkin later commented: “It was the last of all the big races, in which I ever had any success with the old green Bentleys, and the most enjoyable.” The production Blower didn't fare much better. Originally priced at £1,475 ($6,689), this was cut in January 1931 to £1,150 ($5,215), just £100 more than the standard 4 1/2 Liter, in order to shift unsold chassis. In the event, London Bentley agent (and racer) Jack Barclay was obliged to take a number of them in settlement when Bentley went under, so 50 Blowers were indeed built, and 50 Blowers were (eventually) sold, but the whole project cost Bentley a great deal of money it could ill afford. Our subject car, SM3916, was supplied to Barclays November 2007 49 about as good as it gets for a production Blower. So where does that leave us on price? Well, a Birkin team car would probably com- mand well upwards of $6 million today. The best surviving Speed Six racer (2nd place at Le Mans 1930) was sold at Christie's in 2004 for $5,109,665, blitzing its then-estimate but almost certainly worth more today. Two rebodied Blowers were sold privately last year for less than $2 million, whilst an original Vanden Plas-bodied “long wing” tourer (not the racy one) is believed to have changed hands last spring for $3.5 million. Offered from the estate of the late Ann Klein, a well-liked and respected figure in U.S. collecting circles, the Green Hornet had most of the right ingredients: long-term ownership (a speculator isn't making a fast buck), good looks (by British standards anyway—let's call it “rugged”), and absolutely no-stories originality (no sniggering from armchair experts at the next event it attends). All it really lacked was racing history. Vintage Bentleys may not be as fashionable as their Latin counterparts, nor as easy to understand (or drive), but they exude an honest, “old money” charm that suggests their owners have nothing to prove and discreet good taste. Like the cars themselves and the buyers they usually attract, the market for W.O. Bentleys is steady and not prone to nasty surprises. Considering their place in automotive history, and the motoring doors they open, their recent appreciation seems well-founded, and I would say the European buyer of the Green Hornet paid spot-on the money. Looks like Tim Birkin had the last laugh after all. ♦ SIMON KIDSTON is the founder of automotive consultancy Kidston SA and nephew of “Bentley Boy” Glen Kidston, who won the 1930 Le Mans 24 Hours in a Bentley Speed Six. (Introductory description courtesy of Gooding & Company.)

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English Patient Gary Anderson Concours on the Avenue By contrast to other weekend concours, the classes here were oriented toward production cars to which the spectators could relate M onterey needs another event like it needs a hole in the head,” was a typical comment on the enthusiast blogs when the announcement was made earlier this year that Carmel-by-the-Sea would present the “Concours on the Avenue” on Tuesday of the Monterey week. However, when the last award winner had crossed under the Awards Pavilion structure erected on Ocean Avenue in the heart of downtown Carmel, spectators, sponsors, entrants, judges, and town fathers were in agreement: The combination of accessible classic automobiles presented in a charming setting had earned this newcomer respect among Monterey classic car week events. I was a little skeptical at first myself, but I figured since I would already be in Monterey for the Prehistorics, and it would be fun to have my Austin-Healey to tool around in during the week, I might as well enter the show. I'm glad I did. I think the competition for the 150 slots is going to be intense next year and my chances of getting in could be slim. Filling a significant gap The organizers' decision to feature affordable serial production automobiles, built between 1946 and 1971, fills a significant gap in the panoply of automobile events during the week. Every other event is limited to cars that most of us can barely recognize, much less feel any personal connection to. By contrast, the classes into which the Carmel Concours was divided were oriented Ocean Avenue, an ideal spot for the week's newest event The quality of the setting distinguished this concours to cars to which the spectators could relate. The featured class was comprised of “Cars from 50 Years Ago,” which might have driven the streets of Carmel in 1957. Alongside were such classes as American Family Favorites of the '40s, '50s, and '60s, British and European Family Favorites, British and German Sports Cars, American Luxury Cars, British and European Luxury Cars, Hot Rods, Muscle Cars, Historic Race Cars, Micro Cars, Shelbys, and Corvettes. Everywhere on Ocean Avenue, which at this free-admission show was crowded with spectators from before the start until well into the early evening, one could hear similar conversations. They all seemed to include: “I remember that car. It was just like the one that I...” (fill in the blank with) “...first owned ...first wanted to own ...went on family vacations in ...admired in my neighbor's driveway, or ...took your mother out in on our first date.” Anything but run-of-the-mill But the cars were anything but run-of-the-mill examples. Selected by a panel of well- known enthusiasts, every car was a well-preserved or lovingly-restored example of its marque. The experienced teams of blazer-clad judges in their matching straw hats, assembled by Radnor Hunt Concours organizer Michael Tillson III, agreed that judging was a challenge in every class. 50 from a typical main street car show. The cars were displayed at precise 65-degree angles and 16-feet-eight-inch intervals along both sides of seven blocks of tree-lined Ocean Avenue with its lovely old shops and restaurants. In addition, organizers Doug and Genie Freedman engaged designers to border the event with curving white fabric walls at each end of the Avenue, created elegant canopies for the sponsors' hospitality lounges along the street, and specified that laminated information plaques in front of each car would be displayed in pots of live flowers. Even the shop windows became part of the show, as a special award was given to the shop window with the best display in the spirit of the Concours. This competition produced a variety of innovative exhibits that added window shopping to the event. There was no doubt when the Concours judging got underway. Precisely at 11 am, the strains of the “StarSpangled Banner” brought everyone to his feet, with the words sung by retired New York City policeman Daniel Rodriguez. As the last notes died away, three L-39 jets from Lompoc Air Base screamed low overhead trailing red, white, and blue contrails. Sports Car Market

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Making donations to charity The rest of the day was in keeping with this introduction; notable cars streamed across the Awards Pavilion stage to be described by master of ceremonies Ed Justice, Jr. and classic car specialist Michael Lynch. For efficiency, class awards were presented by the judges to the cars in place along the Avenue, then winners of special awards crossed the stage. For the entrants, the show was particularly enjoyable. There were no entry fees; in- stead, the organizers asked us to make voluntary donations of our own choice directly to the Carmel Foundation, the beneficiary charity that provides support to Carmel's elderly residents. Organizing expenses were paid by sponsors, including members of the Carmel Chamber of Commerce, as well as by upscale international companies. Every entrant received a very practical pair of director's chairs, which were much appreciated after our hikes up and down the Avenue. In addition, we each got a canvas and leather plumber's bag for our cleaning supplies. The opening reception in the Carmel Plaza was catered by Bernardus Lodge, and matched by complimentary full breakfast, lunch, and dinner buffets for entrants and judges in the Il Fornaio restaurant in the midst of the festivities. Over dinner that evening, it was announced that the event would become an annual affair. So start making plans for Tuesday, August 12, 2008, when the second Carmel-bythe-Sea Concours on the Avenue will take place. I'd certainly encourage anyone who is planning to come to Monterey next year to select a car that is appropriate for this show. If it's accepted, you'll enjoy the experience and you'll be able to drive the car during the remainder of your week in Monterey. And how many participants at Pebble Beach or the Monterey Historics can do that? More details about next year's event will soon be available at www.motorclubevents .com. ♦ GARY ANDERSON is a three-time participant in the Monterey Historic Races and a longtime competitor in concours d'elegance. From pedigreed to proletarian November 2007 51

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Etceterini & Friends Profile 1931 Alfa Romeo 6C 1750 Zagato Spyder With the body bare, the originality of the car could be confirmed, down to markings inside panels left by craftsmen who created it in 1931 by Donald Osborne Details Years produced: 1929–31 Number produced: 372 Original list price: $3,692 SCM Valuation: $750k–$1.1m Tune-up cost: $900 Distributor cap: $750 Chassis #: Right frame rail behind back axle Engine #: Right side of block Club: Alfa Romeo Owners Club, PO Box 12340, Kansas City, MO 64116 More: www.aroc-usa.org Alternatives: 1924–30 Bugatti Type 35, 1922–29 Bentley 3 Liter, 1928–32 Mercedes-Benz SSK SCM Investment Grade: A Comps Chassis number: 6C10814356 A lfa Romeo and Zagato are two of the most charismatic names in Italian automotive history. Alfa Romeo built thousands of cars with bodies by other coachbuilders, and Zagato bodied chassis from most of the great manufacturers of the world, but beginning in the late 1920s, these two great houses jointly produced some of the most desirable sports and racing cars of the 20th century. One of these is the 6C 1750 Super Sport Spyder. Begun as a 1,500-cc SOHC, 6-cylinder in 1927, the engine underwent development for the next five years. The second series, in 1929, had two overhead cams and more power. In 1929, the displacement was raised to 1,752 cc, where it remained through 1932 and the fifth and sixth series. Less than 400 of the 6C 1750 SS and GS cars were built. Campari's win in the 1928 Mille Miglia with the first of the 6C 1500 supercharged Zagato Spyders set the stage for Alfa's dominance of Italian sports car racing in the 1930s. In the following year, 6C 1750s and 6C 1500s filled seven of the first ten places. This 6C 1750 is a Zagato Spyder from the fifth series of production. The supercharged engine provides good mid-range torque and 85 peak horsepower at 4,400 rpm. The excellent chassis and strikingly beautiful Zagato coachwork makes it one of the most desirable sports cars of the 1930s. It was first registered on August 10, 1931, in Southwest France to Baron Phillipe de Gunzbourg. 52 The grandson of a wealthy St. Petersburg banker, he was born in 1904 in Paris. He took up aviation and motor racing, and it was in reference to the village where he lived that he took his racing pseudonym “Varent.” His competition successes included a first in the 2,000-cc class on June 5, 1932, at La MotheSainte-Heraye hillclimb and again on June 12 at the Puymoyen hillclimb near Angouleme, probably in this car. The following year, he co-drove an 8C 2300 Alfa to second place at the 24 Hours of Le Mans with Luigi Chinetti. While his wife and baby son took refuge in Switzerland during World War II, de Gunzbourg remained in France and worked closely with the French Resistance movement, for which he was honored after the war by the De Gaulle government. He died in 1987 in Paris at the age of 83. De Gunzbourg sold the car in September 1935, and it was sold again in May 1940, when it was registered to aircraft company Hydravions F.B.A. On June 5, 1944, the car was bought by a racing driver friend of Chinetti, Victor Polledri. He retained the car until the late 1960s, when it was sold to a fashion designer named Barriere, who bequeathed the car to his son at his death. His son intended to restore it in the 1970s, and rebuilt the engine and stripped the paint from the body. He abandoned the project and sold the car almost 25 years ago to its last 1933 Alfa Romeo 6C 1750 Gran Sport Spyder Lot# 37, s/n 12125048 Condition: 1 Sold at $436,500 Christie's, New York City, NY, 6/5/2003 SCM# 31314 Sports Car Market 1929 Alfa Romeo 6C 1750 Super Sport Lot 70, s/n 0312909 Condition: 2Sold at $970,200 H&H, Cheltenham, UK, 1/3/2007 SCM# 44614 1930 Alfa Romeo 6C 1750 Gran Sport Spyder Lot# 71, s/n 8513033 Condition: 1 Sold at $1,100,000 Worldwide Group, Seabrook, TX, 4/30/2005 SCM# 38494 Photos by James Mann ©2007 Courtesy of Gooding & Company

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owner, who has stored it untouched in the condition you see today. An opportunity to acquire a 6C 1750 supercharged Alfa Romeo Zagato Spyder in original, unmolested condition is extremely exciting and incredibly rare. SCM Analysis This car sold for $946,000, in- cluding premium, at the Gooding & Company Pebble Beach, California, auction held August 19, 2007. Publisher Martin has often spo- ken on the topic of which factors determine desirability and “importance” in a collector car. To help quantify those factors, SCMer Miles Collier has been instrumental in bringing to the hobby the concept of “connoisseurship”—understanding the details, technique, or principles of an art and the competence to act as a critical judge—a concept long applied in fine art and antiques. By any objective measure, the Alfa Romeo 6C 1750 Zagato Spyder is a top-tier automobile. It achieved high status when new and has never been far off the lists of discerning collectors. A potent performer for its time, the Zagato has the additional benefit of perhaps the loveliest, most sleek styling of the period—the essence of pure and simple. Most would agree the most desirable pre-war Alfa would be any of the great 8C 2900 cars. Following those, many make the case for the 8C 2300, although the lighter, more agile 6C 1750 has passionate devotees as well. Genuine 1750s a prized item These are true race cars for the road, with a long record of race victories when new, piloted by the leading drivers of the day as well as talented amateurs. They were well known for their secure handling and the quality of the suspension, which was far less punishing on the occupants than contemporary machinery during long events such as the Mille Miglia. The 1750 was developed from the 6C 1500 “Testa Fissa,” or monoblock engine. The Super Sport version was supercharged, with a detachable head. The non-supercharged 1750 was the GS, which retained the monoblock engine. Today, a 1750 is a guaranteed entry to any vintage rally, touring event, or concours you might choose to enter, with the blown SS the penultimate and Zagato Spyder coachwork the summit. The question for a buyer then becomes this: Is the 1750 Zagato Spyder being sold all that it seems to be? Given the number of 6C 1750s that sacrificed the closed or drophead coupe bodywork with which they were delivered to become Zagato Spyder re-bodies—much like Le Mans Bentley replicas—any genuine Zagato 1750 is a prized item. Worth adding to those attractions is the current and growing enthusiasm for “original” condition. Although this car had been stripped in anticipation of a restoration, which means it could no longer be a “preserved” example, this is not the big problem in a race car that it is in a touring model. Moreover, its bare condition allowed potential buyers a rare opportunity to examine it in a way not normally possible and to utilize those aspects of connoisseurship mentioned earlier. Dealers in period antique upholstered furniture always try to strip off any fabric and stuffing on a chair to see the details of the frame—the part that's most important. Here, with the body bare, the originality of the car could be easily confirmed, down to the markings left inside panels by the craftsmen who created it in 1931. It was clear the car had not sustained major crash damage, replaced panels, or a badly done “restoration.” The final component is a continuous ownership trail, the vital confirmation of what your eyes observe. With all that in place, value is assured. The only thing that could be said to be missing was documentation of period competition history, and with a bit of further sleuthing by the new owner, that might be uncovered. Given this car's attributes, the selling price has to be seen as a bargain. At the low end of the $900k–$1,200,000 estimate, it represents an opportunity for good value that does not come along often with blue-chip collectibles in today's market. ♦ DONALD OSBORNE is the principal in appraisers Automotive Valuation Services. His articles on collector cars have appeared in the New York Times. (Introductory description courtesy of Gooding & Company.) November 2007 53

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German Profile 1968 Porsche 911S Coupe Cost-no-object restorations rarely make sense on production cars, even exciting ones in hot markets, like an early 911S by Jim Schrager Details Years produced: 1967–68 Number produced: 2,961 Original list price: $7,200 SCM Valuation: $ 30,000–$50,000 Tune-up cost: $300 Distributor cap: $15 Chassis #: Horizontal bulkhead under front hood Engine #: Stamped in engine block near right side of cooling fan Club: Porsche Club of America, 5530 Edgemont Dr., Alexandria, VA 22310 More: www.pca.org Alternatives: 1971–73 BMW 3.0 CS, 1968–72 Corvette Coupe, 1961–67 Jaguar XKE Coupe Comps Chassis number: 11800073 W ithin two years of the original 911's launch, Porsche introduced a new model that would satisfy even the most demanding drivers. The new S offered the same vault-like body and chassis, well-appointed 2+2 interior, and 2-liter flat 6, but there were a host of details that set the new car apart, a reflection of Porsche's meticulous and thoughtful engineering. The S brought an increase of 30 hp over the standard 911 through many internal modifications, and the 901 transmission was updated to suit the rev-happy nature of the new engine. These modifications produced a car capable of 0–60 runs in the mid-sevens and a top speed of 140 mph, figures that were quite impressive in their day. Other changes further enhanced the sporting char- acter of the car, such as front and rear anti-roll bars, adjustable Koni shocks, lightweight Fuchs aluminum alloy forged wheels, and ventilated rotors. The interior featured a leather-wrapped steering wheel, and basket weave trim replaced the wooden plank on the dash providing a simple businesslike cockpit. The 911S presented the rare opportunity to compete, with success, in weekend races, rallies, and hillclimbs, yet have a reliable and civilized car during the week. Today, the early short wheelbase 911S remains a favorite of enthusiasts because of the raw and thrilling driving experience these cars deliver. This stunning 1968 911S is a correct matching- numbers car that has benefited from an incomparable, no-expense-spared restoration and meticulous care from a long line of knowledgeable Porsche enthusiasts. 54 While no 911S models were officially delivered to the U.S. in 1968 due to restrictive emissions, this car was imported from Italy and underwent a thorough restoration at a cost of $60,000. European Auto Works of North Carolina, using only correct factory parts, paint, and even the original undercoating, did the body and interior work. German Turbosport of Greensboro, NC, rebuilt the flat 6. The car remains in excellent cosmetic and mechanical condition, is correct in every way, and comes with a large stack of receipts documenting the thorough restoration. The odometer showed 93,970 km when the restoration started, and today it reads 99,000 km after 20 years of driving to local car shows. The car has been kept in secured storage and transported in an enclosed trailer. Presented in the correct Polo Red over a black vinyl interior, it is a perfect example of the pure, original 911 silhouette. The car has its correct 5.5inch Fuchs alloy wheels and is fitted with the desirable European lights. The interior of the car is very presentable with its optional wood rim wheel and the proper white-on-black gauges. All of the chrome and aluminum details are in beautiful condition throughout, as is the original Sekurit glass. The undercarriage and chassis components are as well detailed as the visible side of the car, evidence of sympathetic maintenance. The engine bay is spotless, featuring the correct Weber IDS carbs and iconic red fan shroud. The car starts instantly with its characteristic growl and drives, shifts, and stops as it should. 1966 Porsche 911S Lot 647, s/n 304287 Condition: 2Sold at $71,5000 Barrett-Jackson, Scottsdale, AZ, 1/18/2007 SCM# 44037 1965 Porsche 911 Lot 235, s/n 300379 Condition: 3+ Sold at $46,552 Bonhams, Silverstone, UK, 7/31/2005 SCM# 39938 1967 Porsche 911 Lot 462, s/n 307662S Condition: 3+ Sold at $33,253 Bonhams, Beaulieu, UK, 9/9/2006 SCM# 43337 Sports Car Market Photos: Gooding & Company

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A perfect example of Porsche's relentless pursuit of creating the ultimate driver's car, the original 911S is the purest variation of this objective. Here is an opportunity for an enthusiast to enjoy and appreciate the classic lines, screaming 2-liter engine, and nimble handling of this rare, early 911. A wonderful example of one of the finest Porsche road cars, this 911S will provide its future owner with many years of thrilling drives, as it is eligible for many events and will be welcome at any Porsche show. SCM Analysis This unusual 1968 911S sold at Gooding's Pebble Beach sale for $63,800, against a pre-sale estimate of $70,000–$95,000. We judge this price as market correct or perhaps even a bit of a bargain. The greater issue this car presents is the question of cars as investments. We won't settle this big question with this one car, but it does provide a “perfect storm” of sorts to help us ponder the wisdom of investing in cars. To do this, we are going to look at the overall market, the model being presented, and at the method of sale, as all of these have been noted as important variables in estimating values. I don't have to tell you that the vintage Porsche market is doing very well in gen- eral. More specifically, the early 911 market is on fire. More to the point, everyone wants a 911S. Early 911S cars have had some of the highest rates of appreciation of any Porsche model. Hard to imagine a better venue for Porsche than Pebble Beach, and in fact, several other Porsches at this sale made huge money. So the method of sale looks just right. What happened here? This car can be understood when analyzing the little-noticed cleavage between an original car and a restored car. Did it scare you that $60,000 was spent on this car 20 years ago? Original cars, even if not quite as squeaky clean as a restoration, are the cars to have for price appreciation. And with 911s, not generally beaten into the ground like 356s, you can find some very decent original cars. So how about this 911 as an investment? We have one of the top models, at an excellent sale venue, in one of the hottest markets any of us have seen. After the expenses of sale, the owner netted several thousand less than his restoration receipts from 20 years prior. And of course that doesn't include the original purchase price of the car or 20 years of insurance, maintenance, and storage expenses. Perhaps most importantly, it doesn't factor in the cost of money over such an extended period of time. The lesson here? Cost-no-object restorations rarely make sense on production cars, even exciting ones that end up in hot markets like an early 911S. Buy these cars for fun and you'll be fine. Try to get a return on your money, and your fun may be over. This looks to be a good car at a fair price, and the new owner, if he can keep his wallet in his pants, has the chance to do well with it financially. Of course, if he drives it (which for many of us would be the only reason to buy a 911S), he runs the risk of minor and major malfunctions and incidents that could slightly or even greatly degrade the value of the car. The rest of us can learn what not to do, from an investment standpoint, from the seller. And you have to ask yourself, how much fun has it really been to drive this car back and forth to car shows for 20 years, without ever really having it on the open road? But that's a different topic for a different time.♦ JIM SCHRAGER's latest book on the early Porsche 911 will be published late this year. (Introductory description courtesy of Gooding & Company.) November 2007 55

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Porsche Gespräch Jim Schrager What Makes a 356 Worth $176,000? This B Cab had tools, a Carrera horn ring, Hirschmann antenna, Blaupunkt radio, headrests, and its original engine Porsche Gespräch / Jim Schrager This B Cab came with a complete set of tools, something we hardly see outside of cars traded privately between Club members. It also had the rare and desirable Carrera chrome horn ring, a correct red-tipped Hirschmann antenna, Blaupunkt radio, headrests, and its original engine—and a Super at that. It was, in all ways, a great car. There were a few things I would have done differently had it been my car. After the concours wins, a front disc brake conversion was installed. The good point here is that it still uses the original “wide-5” bolt-pattern wheel. The bad point is there is nothing at all wrong with the original brakes if properly set up and maintained. This modification, while it doesn't hurt the car for driving, really adds nothing and detracts a bit from the originality. I also don't like that it is fitted with the fake VW reproduction chrome wheels in the wrong size, but that is an easy bolt-on change. In dollars and cents, it is a rounding error on a car this valuable. Do I think this was a good value? It depends on what Lacking nothing and justly rewarded at $176k H ot on the heels of the recent Monterey auction results, I received an email, which asked the following question: “I just saw that nice black 1962 356B Cabriolet sell at Gooding in Monterey for $176,000 and I need your advice. I have a nice car very similar to that one, and although the condition isn't quite the same, my car is a survivor once previously restored to a decent standard. It's ivory with a black interior, a 1600 Normal, in good but well-used condition. The paint is older but can still shine with some elbow grease, the interior is getting a bit tired but is all there, the engine runs well but uses some oil, and the brakes pull to the left. I was thinking about selling it and would like your advice how close I can come to getting a similar value for mine? It seems everyone wants one of these today and I'd look to get well over $100,000 for mine.”—JB. I don't think you are being realistic. When valuing a regular production Porsche, think about three things—condition, condition, and condition. More than originality, condition trumps all in today's market. The Porsche that blew the roof off at Gooding was a regular production car made rare by its top-of-the-world condition and the highly unusual original colors of black with a red leather interior. In addition, it was a certified winner in both major Porsche venues—the Porsche Club of America, where cleanliness, authenticity, and originality are key, and the 356 Registry, where pure beauty and charisma matter the most. Very few cars win both places. Lots of rare stuff This 356B Cab had been tended to by one of the best vintage Porsche preparers, Dennis Frick. You may remember him as the fellow who rewrote the PCA concours rules. He not only knows as much about old Porsches as anyone, he runs one of the finest restoration shops in the U.S. Cars completed by him are cars of the highest quality. But wait, there's more. 56 you want. You could be driving down the road in a very decent 356 Cabriolet for less than half this price. Or you could buy one of those cars and try to make it this nice and most likely end up with lots of time and even more money invested. If you wanted to own a “winner,” this was easily the most painless way to do that, even though it was a world-record price. Not cheap but immediate If, on the other hand, being involved with the restora- tion is a part of or in fact most of the fun, then this car wouldn't be the best value. Or, if you like to drive your car regularly, many of us would find it hard to submit something this special to the rigors of use. This isn't a car for a driver-owner. If I wanted a car like this, a known national win- ner in unusual colors that I didn't plan to drive much, this was a quick and easy way to end up with one in my garage. No, it wasn't cheap, but it was immediate, and as that great observer of the human condition Benjamin Franklin noted, “Time is money.” For the rest of us with perhaps a bit more time than money, this might not be the ideal purchase. If you want to see what more “typical” Cabriolets are selling for, even in the supercharged Monterey atmosphere, here's a quick sampling. (Recall that there is a large difference between what the new owner paid and the seller got, as the seller generally pays around 10% of the hammer price as a selling premium, plus the costs of prepping the car for auction and transporting it to Monterey. In other words, an $80,000 hammer price might lead to an $88,000 purchase price by the new owner, but would lead to a $72,000 check, with expenses not deducted, to the seller. Keep these numbers in mind when you price your car for sale.) RM sold two 356 Cabs, both As that these days bring Sports Car Market

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Cabriolets (single grille cars built 1960–61) at $85,800 and $81,400, respectively. They were in better condition than the A Cabs above—and that is critical—but of course nowhere near as nice as the black and red B Cab that went for such big money. Christie's sold an exceptional 1965 SC Cabriolet at the same price as the national winner B Cab, $176,000. In theory, most buyers looking at a Cabriolet, rather than the prettier and sportier chrome-windshield-framed cars (Speedster, Convertible D, Roadster), would rather have an SC than a B, due to the more powerful engines and disc brakes. The body is identical for every Cab made from 1962 to 1965, which includes both late Bs (1962–63) and the C/SC cars (1964–65); however, the C/SC models have upgraded engines and disc brakes. The Christie's car was highly unusual in that it had about 75% original paint. This helped it to achieve an exceptional price. Condition, condition, condition. That tells most of the SC Cab at Christie's also brought $176k a bit more than Bs. One was ivory and seemed to have good panel fits but average cosmetics. It sold for $71,500. A Meissen Blue Cab did a bit better at $77,000, but had issues with both hood and door gaps. Russo and Steele and Gooding both sold early B story in today's wild 356 market. Very special cars sell at very special prices. Most of the other cars tag along behind, often well behind. There are values to be had in many different places, depending on what you plan to do with your prize. And luckily for those of us who value driving our cars above all else, an older restoration, in good driving condition, can still be found for half the price of a “don't touch me” concours example. ♦ JIM SCHRAGER wrote Buying, Driving, and Enjoying the Porsche 356 and writes for Excellence Magazine, Porsche Panorama, and the 356 Registry. November 2007 57

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American Profile 1903 Cadillac Runabout Rear-Entrance Tonneau This car—serial number 13—is the oldest known Cadillac. It was one of three displayed at the New York Automobile Show in January 1903 by Carl Bomstead Details Year produced: 1903 Number produced: 1,800 approx (in 1903) Original list price: $850 SCM Valuation: $300,000–$350,000 Tune-up cost: $25, spark plug and spring Distributor cap: $150 (called timers on single cylinder cars) Chassis #: None used; engine # is reference Engine #: Top right of cylinder flange & right front face Club: HCCA, PO Box 62, Bakersfield, CA 93301 More: office@hcca.org Alternatives: 1901 Panhard Levassor, 1903 Renault, 1903 Peugeot SCM Investment Grade: A Comps 1903 Cadillac Model A Lot# 225, s/n 1070 Condition: 1 Sold at $148,500 RM, Lapeer MI, 6/29/2007 SCM# 45547 Chassis number: 13 F 58 ounded by Henry Leland and Robert Faulconer, the Cadillac Automobile Company of Detroit completed its first car in October 1902. The firm's superior manufacturing technology—precise gear cutting was Leland and Faulconer's specialty—soon established it as the foremost builder of quality cars in the United States. The company was formed using funds supplied by two of Henry Ford's ex-backers and took its name from Le Sieur Antoine de la Mothe Cadillac, the great French 17th century explorer who founded Detroit in 1701. The car offered here, serial number 13, is the oldest known surviving Cadillac. It was one of three displayed at the New York Automobile Show in January 1903, the others being numbers 10 and 11. An excellent performer by the standards of the day, the Cadillac's 98-ci, single-cylinder engine (“Little Hercules”) was mounted on the left beneath the front seat and drove through a two-speed-plus-reverse planetary transmission by chain drive to the rear axle. This Cadillac was bought by the owner of the Thomas Winery in Cucamonga, CA, where it was displayed until February 1973. At that point it was sold and in 1985 was restored by Herman Stoebel, now deceased. A complete photographic record was made of the restoration, illustrating the various differences—some obvious, some less so—that distinguish the earliest examples from the later production models of 1903. The most obvious differences are the protruding radiator on the earliest cars and the completely different body panel below the first entrance. It is believed that the early radiators were changed after about 25 cars had been made. The three cars displayed at the 1903 New York Auto Show were the first Cadillacs shown to the public and the first ever sold. As the sole survivor of these pioneers, 13 is a vehicle of exceptional importance in the history of the American automobile industry. Quite simply, the Cadillac story started here. 1903 Cadillac Model A Lot# 208, s/n 753 Condition: 1Sold at $75,350 RM, Phoenix, AZ, 1/19/2007 SCM# 43983 1903 Cadillac Model A Lot# 466, s/n 1102 Condition: 2+ Sold at $88,984 Bonhams, Beaulieu, UK, 9/9/2006 SCM# 43340 Sports Car Market Photos: Bonhams & Butterfields

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SCM Analysis This car sold for $330,000, including buyer's pre- mium, at the Bonhams & Butterfields auction at The Quail Lodge in Carmel Valley on August 17, 2007. William Metzger was the driving force behind the first auto show in Detroit in 1899, and he was a convincing promoter. He was provided with two or possibly three Cadillacs, which had been produced at the Leland & Faulconer factory, for display at the 1903 New York Auto Show. He declared the Cadillac “sold out” after accepting as many as 2,286 orders (accounts of the total vary)—each with a $10 deposit. Backing up Metzger's promotional abilities was a Cadillac that offered refinement in an era when many cars looked like a machine shop experiment. The four-passenger model sold for $850, while the single-seater cost $750, a very competitive price in the era. Pat Herman recalls seeing the 1903 Cadillac at the Thomas Winery in the early 1960s, and was able to purchase the car ten years later. By then the winery had been sold, and the Cadillac was stored in a garage full of old refrigerators and washing machines. The car was missing numerous parts and showed the ravages of time, so the restoration, which was completed in 1989, was not a simple process. Several sources state that there were 2,497 Cadillacs produced in 1903. However, more recent research suggests the number is closer to 1,800, with the others actually being produced the following year. Brass cars attracting more interest Early brass cars—those built before 1915—have attracted increasing interest of late. Once thought to be relics from our fathers, or in some cases our grandfathers, they are appealing to a new generation of hobbyists who find them mechanically interesting and intriguing to drive. The Horseless Carriage Club of America has regional groups in 30 states and sponsors tours and other activities. Their national tour, “California Dreamin',” is scheduled for June 2008. The 111th London to Brighton Veteran Car Run, which this year features American automobiles built prior to 1905, attracts hundreds of entrants and thousands of spectators. In addition, John Mozart, a California collector and SCMer, sponsors a well-attended annual Brass Era Tour in the Paso Robles area, so there is no end to the activities available. The value of Brass Era cars has been steadily in- creasing. A couple of years ago, 1903 Cadillac Model As were selling for $60,000–$70,000. Now they are bringing twice that much at auction. About a year ago, a friend sold a 1903 Cadillac similar to number 13 (but with an engine number that would indicate it was manufactured in 1904) for less than $100,000 and was pleased with the transaction. This 1903 number 13 Cadillac is significant for a num- ber of reasons. It had one owner for over 75 years, it's the first Cadillac shipped to a customer, the first car shipped west of the Mississippi, and the oldest documented surviving Cadillac. Does that increase the value of this car by $150,000 and justify this sales price? I think it does. ♦ CARL BOMSTEAD customized his first car—a 1948 Plymouth—at age 15. He estimates 100 cars have passed through his garage since then. (Introductory description courtesy of Bonhams & Butterfields.) November 2007 59

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Domestic Affairs Colin Comer Muscle in Monterey The consensus among buyers is that they want the best, and “almost” cars are having a tough time finding homes tion—it was an automatic converted to a 4-speed. A nice driver-level '65 GT350 with a reproduction VIN tag sold for $236,500—a great deal for somebody looking for a driver and priced about right, with killer restored cars hovering in the $300,000–$350,000 range. A very nice '66 GT350 sold for just $121,000—a bar- gain but explained by the fact that it too was an automatic car converted to a 4-speed. Had it been a real 4-speed car, $175,000 would have been my expectation, but buyers today don't want stories, and a transmission change certainly qualifies. Real 4-speeds are typically 30%–40% higher than automatics, a premium not gained simply by swapping a 4-speed in place of an auto. RM sold another '65 GT350, a nice #3+ condition car, for $308,000. This was the same car they sold in Ft. Lauderdale in February 2007 for $302,400. A black 427 (428) Cobra sold in Monterey this year for $770,000—another car that changed hands at RM's Ft. Lauderdale sale in February, then at $702,000. Another '65 GT350 R, formerly owned by SAAC 1965 GT350 R at Russo and Steele, $660,000 G loom and doom predictions can end up as self-fulfilling prophecies if the panic spreads. A case in point is the highly publicized muscle car market “crash” going on now. As this is the Monterey auctions recap issue, let's take a look at what happened there, and see how it relates to the rest of the market. I have always preached only buy the best—ultra-low production, pedigreed cars with air-tight histories—cars that people actually want to own. These are cars that are desirable and rewarding beyond their history and production numbers. We all know buying cars purely for investment it is never a good idea; buy cars you want to have in your garage for keeps. As the market matures, it seems that people are learning this as they go. Such is the case with the market over the last six months, and proof can be seen in the results from Monterey 2007. Quality of consignments way down As I wandered around the auctions, it was obvious that the quality of the consign- ments was way down. My “cheat sheet” of cars to buy consisted of three cars. In years past I've gone after as many as 20 cars, and I would have again this year, had the quality been there. As the market for substandard and mass-produced muscle cars continues to drop like a stone, it seems as if auctions are getting packed with tons of clone cars, “resto-mods,” and other questionable merchandise with owners walking around like zombies thinking that their cars should be worth ridiculous numbers because “one just like it sold on TV for (fill in the blank).” So what were the real cars doing in Monterey? Let's wander the auctions: Russo and Steele, known for muscle cars, had some telling sales. While the run-of- the-mill cruise-night special Z/28s struggled to get bids above $40,000, a premium '68 Z/28 sold for $80,300, more than it would have twelve months ago. A '70 Chevelle L78 convertible sold at $166,100, which was LS6 convertible money 24 months ago. Don't convert autos to 4-speeds How about a '66 L79 Nova for $75,900, or a '65 GT350 R with no race history at $660,000? All very strong results and up from last year. From that same sale, let's look at a few examples of nice cars that may have had a few issues. A beautiful '68 Hemi Charger R/T sold for $101,700, which may sound cheap until you read the descrip- 60 1969 COPO Camaro at Bonhams & Butterfields, $199,500 Sports Car Market founder Rick Kopec, hammered down this time on an auction podium rather than a race track for once, at $852,500, showing us the difference race history makes in R models. An automatic '68 GT500 KR convertible sold at $220,000, another strong result that couldn't have been bettered twelve months ago. An automatic '66 GT350 Hertz car with many needs—I'd call it a condition #3—sold at $137,500. I was sent by a customer to inspect this particular car, and told if it was the “best” I could pay up to $225,000 on his behalf. Upon hearing the condition report, he vowed to wait for the right car, rather than to buy an “almost” car and lose it for a year to a restoration shop. This is the consensus among buyers; they want the best and “almost” cars are having a tough time finding homes at even close to blue chip money. Strong results for right cars A highly publicized muscle car liquidation occurred at Bonhams & Butterfields, a collection from Oregon that was the result of a car investment scam gone bad. Most of the cars had plenty of stories, a point not missed by knowledgeable buyers. However, a few really good cars were part of the collection. For example, a '68 L88 Corvette

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coupe sold for $254,500, a '69 COPO 427 Camaro made $199,500, and the ex-Otis Chandler '69 Z/28 JL8 Camaro hit $172,500. All of these were very strong results, especially when you consider that Bonhams at Quail Lodge is not a sale heavy with muscle car buyers. The bottom line is that the wheels aren't coming off, but they sure are getting an alignment. Great cars are bringing great prices, and there is no shortage of buyers for them. However, the second tier and lower merchandise are losing ground by the day as the market matures. It can only help to solidify values on the truly great cars that remain. So yes, there is a crash occurring, but from where I sit, it is long overdue and only affecting cars in need of a haircut. The good news is that the side effects of this adjustment make it possible for some great cars to be purchased at a discount, albeit sometimes small, from last year, if you look hard enough. Think of it as a breather where the pressure is off and the speculators are laying low. There are very few truly collectible muscle cars out there, and even fewer hit the open market. And if owning a clone doesn't bother you, then you're truly in a buyer's market, and have saved yourself thousands over last year's prices. Just don't ask me if it's collectible. Will prices hold? For select cars, I think the barometer of Monterey is saying they will. Just like a broken record, I'll say it again—buy what you like, and buy the best. Win, lose, or draw, you'll have a great car that will find ready buyers when it comes time to sell. Just don't get 1968 L88 Corvette at Bonhams & Butterfields, $254,500 talked into buying a seat on the sinking ship carrying the “almost” great cars on the market today. ♦ COLIN COMER is founder and president of Colin's Classic Automobiles and a longtime vintage racer. November 2007 61

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Race Car Profile 1952 Allard Cadillac JR “Le Mans” Roadster The JR could have led any race in 1953, yet it sold for a tenth of any other top-rank Le Mans entry of that time by Thor Thorson Details Years produced: 1953–55 Number produced: 7 Original list price: $12,000 SCM Valuation: $350,000–$450,000 Cost per hour to race: $750 Chassis #: Tag on frame, left side under headers Engine #: Left lower side of engine block Club: Allard Owners Club More: www.allardownersclub.org Alternatives: 1950–53 Jaguar C-type, 1953–54 Ferrari 375 MM, 1953–56 Aston Martin DB3S SCM Investment Grade: A Comps Chassis number: 3403 I f hot rods had been invented in England, Sidney Allard would have been their originator. The first postwar production models of the Allard Motor Company featured American Ford flathead V8s, more often than not fitted with Sidney's own alloy speed parts such as intake manifolds and cylinder heads. By the early 1950s, larger American OHV V8s like Cadillac and Chrysler Hemis became available, so, in true hot rod fashion, Sidney wasted no time shoehorning these into his J2X and JR sports racing models. Beautiful or brutal—take your choice—these Allards were the epitome of early '50s sports car design, with their slim alloy bodywork and huge, throbbing power plants. Cornering at speed was a challenge as a result of Sidney's affection for a semi-independent front suspension created by chopping a Ford solid axle in half before mounting the two pieces in a swing arm fashion, which gave the front end a radical and unusual positive camber appearance. Allard's J2X cycle-fendered sports cars looked both beautiful and brutal, but Sidney knew they were aerodynamically disadvantaged on longer circuits such as Le Mans. Accordingly, the new envelope-bodied and streamlined JR model was introduced for 1953. These were essentially identical mechanically to the J2X, though seriously modified for circuit racing. Only seven JRs were built, with two cars serving as factory entries at the 24 Hours of Le Mans in 1953. This historic Allard JR, #NLN 650, was one of the two, driven by none other than Zora Arkus-Duntov. The sister car, 62 NLN 652, was driven by Sidney himself and led the first lap of the race, only to retire after three-quarters of an hour. Duntov's JR survived until 1 am, before it too was withdrawn with engine problems. SCM Analysis This car sold for $341,000 at RM's Monterey auction on Saturday, August 18, 2007. There were two significant Allards in the Monterey auctions this year—this one and a J2X LM that ran Le Mans in 1952, which was offered by Bonhams & Butterfields on Friday night. RM sold this JR, while the Bonhams LM, though apparently bid to something close to twice what the JR sold for, didn't make reserve. This profile is officially about the JR, but the real story here is about both cars. Sidney Allard, like Carroll Shelby a decade later, was an iconoclast, a maverick, and a hot-rodder at heart. He cheerfully defied the conventions of the era and followed his convictions that horsepower was far more important than chassis design, and that American V8s were the most cost-effective way of acquiring such horsepower. His cars were the sledgehammers of their day, crude but remarkably effective. To be fair, they probably weren't more or less crude than most of the competition in the late '40s and early '50s. With the exception of C-type Jags and 300SL Mercedes, all the chassis were pretty elementary. Allard's insistence on using what was 1953 Allard J2X Lot# 997, s/n 3152 Condition: 2 Sold at $399,600 Barrett-Jackson, Scottsdale, AZ, 1/26/2005 SCM# 36964 1952 Allard J2X Lot# 2247, s/n 99J2122 Condition: 2 Sold at $220,000 RM, Marshall, TX, 4/20/2007 SCM# 44868 1953 Allard J2X Lot# 155, s/n 3155 Condition: 2 Sold at 171,600 RM, Auburn Hills, MI, 7/31/2004 SCM# 34406 Sports Car Market Photos: RM Auctions

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essentially a “Twin I-beam” front suspension set the image for the cars; it gave them an in-your-face crudeness the rest of the car really didn't deserve. The deDion rear suspension with inboard brakes was in fact very current racing technology. Light, fast, and uncivilized In the Allard line, the “J” cars were the competi- tion-oriented series, starting with the original J in 1946. In 1949, what became known as the J2 showed up and made quite an impact. With a minimal body and cycle fenders at the front, it was light, powerful, and fast, if not very civilized. In 1951, this was succeeded by the J2X, which, among other things, moved the engine forward by seven inches, allowing adequate leg room for American-sized drivers to fit comfortably. It also made provision for fitting the new Chrysler Firepower (Hemi) 331-ci engine, which made more horsepower than the Cadillac but weighed an extra 150 lbs. The new J2X looked pretty much the same as the J2, but there was trouble brewing. The FIA changed the rules in 1952 so that cycle fenders were no longer acceptable in major European events like Le Mans. Allard responded with the “LM” version, which was a completely standard J2X, but with revised bonnet, scuttle, and doors to create a full envelope body (the rear body section was standard J2X). I recollect that 13 cars were built with the LM bodywork. The car offered at Bonhams was the LM entered and driven by Sidney Allard in the 1952 Le Mans with a Chrysler engine. It retired with engine problems in the 13th hour. For the 1953 season, Allard decided to build a com- pletely new racing version of the J series, primarily for Le Mans, to be called the JR. The new chassis used a more sophisticated frame composed of multiple smaller diameter tubes, though it was still fundamentally a ladderframe concept. Presumably, it was a bit lighter and stiffer than the old twin boxed-channel design. The mechanical package, including front and rear suspension, was derived from the J2X with detail improvements like spring and shock location to allow a more compliant ride and handling. The JR was designed to use the more compact and lighter Cadillac engine, and the allnew bodywork was wrapped tightly around the components to produce a notably more compact and angular body shape. The first two cars, including the subject car, were constructed specifically for Le Mans and included an additional fuel tank on the passenger side of the cockpit, which resulted in there being no door on that side. They were entered and started with great hopes, but it was not to be. Sidney led the first lap in the sister car but was out within 45 minutes (a differential mounting lug broke), while this one made it for nine hours before the engine gave up. The JR should be worth the same as the LM So here's the collector's pop quiz of the month: How do you explain the differ- ing values these cars seemed to have? They are both factory team cars driven at Le Mans in successive years with equally famous drivers and very similar results (both broke at roughly half distance). Both were constructed specifically for the race, though the LM is really just a special-bodied J2X (of which 83 were built), while the JR was a unique chassis and body (they built seven). It would seem to me that the JR should be worth at least as much as the LM, but Bonhams offered the LM with an estimate of $850,000–$950,000, while RM offered the JR with a published estimate of $350,000–$450,000. The JR sold, of course, while the LM didn't, but I'm told the LM got bid to some- where around $700,000 before failing. Something seems wrong here. Though officially original and thus more collectible, the LM was marred by some very inappropriate paint and upholstery work. (Have you ever seen a four-page catalog spread with not one current photo of the car, as the B&B book had?) My inclination is to believe that the JR sold for what the Allard market is today, and that the valuation on the LM was quite optimistic. Overall value is the other question. Allards have never commanded the values of the “great marques” they raced against, but you have to wonder about the discount. The JR was capable of contending for the lead anywhere in 1953, yet it sold for a tenth or less of what you'd have to spend for any other top-rank Le Mans entry of that time (Jag XKC, Aston DB3S, and Ferrari 375 MM come to mind). Why should it be worth relatively so little? I've been around Allards a long time and have watched their values, so part of me thinks $350,000 or so was a little on the low side of what you'd expect, but the other part of me looks at what the competition is selling for and thinks the JR was actually very cheap. If the world figures out what a unique and special car the JR is and what it is equivalent to, it may prove to be very well bought indeed. ♦ THOR THORSON is president of Vintage Racing Motors of Redmond, WA, and is heavily involved with vintage racing and “adrenaline” collector cars. He has been an active vintage racer for 25 years. (Introductory description courtesy of RM.) November 2007 63

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MONTEREY Recap SCM's Monterey Reflections Each year, we ask the SCM gang for their unfiltered thoughts on the automotive cornucopia the week represents. Here are this year's responses Carl Bomstead, Contributing Editor Car I lusted for: 1935 Duesenberg “Mormon Meteor” Best of Show car at Pebble. Car I detested: Britney Spears's Vespa. High point: Scoring an invitation to the Tehama party on Tuesday night. Low point: The drive home. Overheard: “Why does that man let his daughter dress that way?” Stephen Serio, Contributor Car I lusted for: The ex-Peter Collins Ferrari 250 GT Series I Cabriolet at The Quail, or the Aston DBR2 at same event... or the McQueen Lusso. Car I detested: For the second year in a row, I hated the fakey-doo Jag XK 120/Clenet/MGTF whateveritis running around Carmel and Monterey. High point: Official launch of the Aston Martin DBS. Low point: Wondering why a consignee would send a DB4 coupe to auction with the rims painted with a spray can. Not surprisingly, among the Bonhams crowd, it didn't sell. Laguna Seca, one of many rings in the weekend circus Martin Emmison, U.K. Contributor Car I lusted for: The Ferrari LWB Cal Spyder at Gooding (because I once had one), or the Aston DB3S/4 at Pebble (just like my childhood Dinky Toy). Car I detested: The Golden RollsRoyce rebody at Pebble Beach. High point: Watching the Cobra/ 64 Mustang/Corvette race at Laguna, and approaching the lawn at Pebble with clear sea and sky at 7 am, the fairway bathed in superb morning sunshine. Low point: The traffic jam on Route 1driving south at Seaside at on Thursday morning. Overheard: “Sure as hell beats working.” Overheard: From Nick Mee, veteran car trader from the U.K., about an anorak Aston tire-kicker: “This guy is such a prat, he was hoping I'd change the engine in the Aston V8 Vantage I have for sale before he'd REALLY be interested in buying it. Wot?” Marshall Buck, Contributor Car I lusted for: The Bugatti T-57 from Sir Michael Kadoorie's collection. Car I detested: My rental car. Ford is not in my future. High point: Few things can beat the sound of Cobras and Ferraris at full song. Low point: Leaving Monterey Overheard: “Who do I have to sleep with to get a ticket to The Quail?” Paul Duchene, Executive Editor Car I lusted for: The 1948 Ferrari 166 Scaglietti rebody at Gooding. Patina to die for. Car I detested: The yellow and black Auburn Speedster at Gooding. The automotive equivalent of a facelift; felt like a bitsa and cynically assembled to be flashy. High point: Drinking a cup of tea at sunrise, looking out the picture window of the SCM house onto Asilomar State Beach, just before racing seven people to the bathroom. Low point: Realizing it was 10 pm for the fourth evening in a row and I still hadn't had dinner. Overheard: On the oddly proportioned 1940 Coachcraft Yankee Doodle roadster at Gooding: “It looks like a huge rabbit should jump out of it.” Thor Thorson, Contributing Editor Car I lusted for: Chris Cox's Ferrari 412 MI. Ferrari sound and fury, Lister fast, it just doesn't get better. Car I detested: None. There are no bad cars at the Monterey Historics. That's why we go. High point: The Thursday night competitor's party at the track. Everybody is there and talkative. There's no better party in vintage racing. Low point: The crowds, and trying to find a decent meal in Monterey that week. Sports Car Market

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Overheard: Several quips having to do with the “over-restoration” of several of the ladies associated with the Ferrari Challenge crowd. John Apen, Contributor Car I lusted for: The Duesenberg Model J Sedanca de Ville by Barker. It was lot 161 at Gooding and totally original. Car I detested: The Lamborghini Diablo SV-R with bizarre graphics by some French artist. High point: Talking to interesting collectors from Costa Rica and Europe at Concorso. Low point: $386 a night for a stay at the Ramada Inn Overheard: Two Europeans looking over the 250 LWB Cal Spyder at Gooding, and one said: “I've heard about several recent sales in the $3m to $3.5 million range.” Was he talking euros or dollars? Colin Comer, Contributing Editor Car I lusted for: The Le Mans-winning Ferrari Cal Spyder at RM. Car I detested: The fakey-doo 1969 Camaro “Sunoco Penske TransAm Race Car” with the 500-ci engine being represented as the real deal. Uh, yeah, right. High point: Being able to purchase the above-mentioned Le Manswinning Ferrari Cal Spyder at RM for a client. Low point: Having a room directly above the courtyard at the Portola Plaza where the drunks go to see who can yell the loudest in the middle of the night. Overheard: Upon viewing the replica something-or-other-Talbot-inspired, retina-burning, and generally offensive “Phony et Flashy” parked on the outskirts of Concorso with its color-coordinated owner, my friend remarked, “Harley Davidson edition?” Valarie Huston, Sales & Marketing Coordinator Car I lusted for: The Lexus LF-A concept at Pebble. Car I detested: Most Ferraris. They just do nothing for me. High point: Seeing and appreciating the differences in style November 2007 T Daytonas lounge in the Seaside sun he Pebble Beach Concours d'Elegance might crown the Monterey weekend of August 14–19, (ahead of six auctions and four days of historic racing at Mazda Laguna Seca Raceway), but the most colorful spectacle is Concorso Italiano. The huge event, crowning the green hills of Black Horse Bayonet Golf Course, looked like a parking lot for exotica with just about all models of Ferrari represented, most of the Lamborghinis in California, and an equal number of De Tomaso Panteras and Maseratis. These heavy hitters were sprinkled with Lancias old and new, from Lambda to Flaminia, Alfa Romeos of all varieties, Fiat trucks, and anything else Italian you can think of, including wine bars and a fashion show in the sunshine. Some highlights included: • Being amazed that the first Lamborghini Countach was such a ghastly, leprous green, but how the basic idea has morphed into the handsome Gallardo. • Imagining how two crashed half-cars displayed by a Ferrari repair shop might be combined into one. Remember the Enzo crash? • Marveling at a metallic burgundy paint job on a mid-1950s Alfa Romeo that should have had this as an optional color anyway. • Peering through a crowd that simply could not believe the customized Frankenstein Alfa Romeo Kamm-tailed Spider, which looked like it belonged in “The Road Warrior.” • Wondering why two dozen Panteras allowed a red De Tomaso Mangusta to park beside them and show just how cool the original idea was. • Puzzling over a rare Italian misstep in the boxy shape of a 1974 orange Bertone Mini, which looked like a Fiat Panda box-on-wheels. • Watching the owner of a black Lamborghini Countach try to back up and park his car while peering out of open scissor doors. • Realizing that if you put 100 Ferrari 308s, 328s, and 348s on one field, they'd look downright ordinary. • Wondering what Kruse was doing auctioning a collection of Americana in such company as this. • Thinking that an Alfa Romeo Montreal in any color looks ungainly, for an Italian design. • Admiring the owner of a 1920s Lancia Lambda tourer, who got tired of walking and lay back on the front fender to knit in the sun. • Guessing that a long-haired heavy-metal rocker in a black Ferrari 308 is somebody I ought to recognize, or else a complete outsider.♦ 65 Red Sail Panels in the Sunshine Watching the owner of a black Countach try to back up while peering out of open scissor doors provided many minutes of entertainment by Paul Duchene

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MONTEREY between the various auction companies. Low point: Missing out on the track. Who doesn't love old cars roaring around corners? Overheard: An older couple, as they walked around the 18th fairway at Pebble…Him: “Sure does smell like money.” Her: “I think that's the bay.” Stefan Lombard, Managing Editor Car I lusted for: Fred Simione's Cunningham C-4R. Best of Show at the Quail on Friday, turning laps at Laguna on Saturday. Car I detested: Anything “Big Daddy Roth” at Russo. High point: The view from our Pacific Grove house. Or was it stopping for In-N-Out Burger in Redding on the long drive home? Low point: Trying to track down 3,000 missing copies of SCM that had been delivered “somewhere” on the peninsula. Overheard: As a father and his small daughters drove by in a BMW Isetta, the woman standing next to me said, “Oh, that's one of them Minis.” Kirsten Onoday, Art Director Car I lusted for: About 75% of the cars I saw over the weekend. Car I detested: The K.I.T.T TransAm at Bonhams. I wouldn't want anything that's been touched by “The Hoff.” High point: Finally getting to The Quail. Low point: Bataan Death Marchstyle SCM flight times. Early morning departure and late night return. Can't we use miles to charter a jet next year? Overheard: “Nice car.” Dave Kinney, Senior Auction Analyst Car I lusted for: The obvious choice might be Steve McQueen's Ferrari Lusso, but I liked the Dual Ghia at RM best of all. Long before there was a Brat Pack, there was a Rat Pack, and they ruled —and drove Dual Ghias. These were all cars associated with people the public deemed to be “cool.” Interesting. Car I detested: Mercedes-Benz 66 Jim Pickering, Auction Editor Car I lusted for: Garrison's '67 Ferrari 275 GTB/4 Competition Speciale at Gooding (so what if it's not the real thing), and the blue '68 L88 'Vette at Bonhams. Car I detested: The 1940 Coachcraft Yankee Doodle roadster at Gooding. That thing must have been designed by a cartoonist. High point: Standing next to the stage at Gooding when the Tom Beatty Belly Tank lakester started and drove across the block. Absolutely deafening. Low point: Taking so many pictures at the Monterey Historics on Sunday that all our camera batteries were dead by the time I got to Gooding. Overheard: “He got to play with his Ferraris, and I got to go to Europe… so it wasn't all bad.”—A patient woman at Concorso Italiano, after describing a trip to the Ferrari factory in Maranello with her husband. Keith Martin, Publisher Car I lusted for: The original Barchetta at Pebble. Thank God we've stopped restoring cars like this and now just leave their finish alone. Car I detested: Anything with “Eleanor” in its name. High point: Pushing our son Bradley in his stroller at Pebble. Low point: Realizing that for my travel-weary wife Wendie and our 14-week-old son, it was their sixth concours in 14 weeks and thinking about how many onthe-green diaper changes that represented. Overheard: Someone commenting on how Audi has improved Lamborghini: “If the Germans can't stand anything that doesn't work, my brother-in-law had better stay out of that country.” ♦ T Recap 190SL at Christie's. A bad ex ample of an overrated car. High point: As always, being with friends. Low point: As always, there is never enough time to spend with friends. Overheard: “I don't really know anything about the cars. We just came for the event.” Meteor Streaks Across Pebble Beach Hardly a barn find, Yeaggy's car sold in plain view at Gooding's first sale in 2004 and was featured on SCM's cover by Rob Sass Zagato-bodied Astons on the lawn he 57th annual Pebble Beach Concours d'Elegance passed with an air of déjà vu. What would a major concours be without SCMers like Sam Mann, Bruce Meyer, Chip Connor, and Lee Herrington? Perhaps the sense of familiarity was greater this year because the Best in Show winner, the Duesenberg Model SJ Special “Mormon Meteor” of Harry Yeaggy, was well-known to most Monterey regulars. No “smuggled out of Estonia,” “former property of a war crimi- nal,” or “not seen by human eyes in 50 years” stories here. The Meteor sold in plain view at Gooding & Company's first sale in 2004 and was featured on SCM's cover in November 2004. And here it looked magnificent after Mr. Yeaggy's efforts to return the car to the way it looked when it set several records on the Bonneville Salt Flats. Aston Martin was the featured marque—as expected, there was an example of nearly every significant pre- and post-war Aston Martin, including a DB3S and DB5 Volante from the collection of former Aston owner Peter Livanos. Pebble keeps itself relevant by astutely continuing to recognize significant unrestored cars. While Pebble Beach quality restorations are what the event will likely always be known for, in keeping with the emerging ethic of “leaving well enough alone,” the concours expanded the Preservation Class this year, adding a class for unrestored post-war cars built through 1967. Longtime SCMer Mark Hyman entered his 1914 Haynes Model 27 Touring in the Pre-War Preservation Class. According to Steve Haas of eBay Motors, “Mark in the Haynes was quite a sight on the tour driving in the fog of Highway 1 with a cigar in his teeth.” Hyman won third in the class. The award was completely unexpected, and Hyman said he had to be hunted down by the judges to collect his award. Hyman is an early convert to the charms of unrestored cars, having sold many over the years through his St. Louis dealership, Hyman, Ltd. “In years past, all people wanted was shiny and perfect,” he said. “I had a very low mileage unrestored Series I E-type about five years ago. I thought it was the coolest thing on the face of the Earth, but nobody else cared. Now they do, and the new preservation class at Pebble reflects that.” ♦ Sports Car Market

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2007 Pebble Beach Concours d'Elegance SCMers Mike Ames—Arlington, TX 1940 Packard 180 Darrin Sport sedan Gordon Apker—Des Moines, WA 1936 Packard 1407 sport phaeton Stephen & Susan Babinsky—Lebanon, NJ 1933 Auburn Salon 12-165 brougham Robert & Sandra Bahre—Oxford, ME 1937 Duesenberg J Rollston convertible coupe Howard & Diane Banaszak—Ft. Lauderdale, FL 1954 Stanguellini 750 Sport Internazionale racer Jack & Kathy Boxstrom, ON, CAN 1970 Aston Martin DBS V8 Twin Turbo Le Mans Stephen F. Brauer—St. Louis, MO 1929 Rolls-Royce Phantom I Brewster Derby Peter & Robin Briggs—City Beach, AUS 1923 Aston Martin 1.5 Liter Super Sports Jim Callahan—Oakland, CA 1928 Stutz BB coupe David C. Campbell—Norwell, MA 1937 AC March Sports tourer Richie Clyne & Buck Kamphausen—Las Vegas, NV 1929 Duesenberg J Chassis 1929 Duesenberg J Judkins coupe Miles C. Collier—Naples, FL 1935 Duesenberg SJ SWB speedster 1908 Mors Grand Prix Nick Colonna—Palos Verdes, CA 1964 Bizzarini Iso Grifo Berlinetta William E. Connor II—Hong Kong 1953 Ferrari 250 MM Vignale spyder Chris W. & Ann Cox—Chapel Hill, NC 1962 Ferrari 250 GTO berlinetta Keith Crain—Detroit, MI 1939 Bugatti Type 57C Gangloff Stelvio Thomas L. duPont—St. Petersburg, FL 1929 duPont G Waterhouse 4-passenger speedster Timothy Durham, Indianapolis, IN 1929 Duesenberg J Derham sport phaeton Craig & Hanne Ekberg—Rolling Hills, CA 1933 Packard 1004 coupe roadster Paul Emple—Rancho Santa Fe, CA 1930 Minerva AL Van Den Plas cabriolet D. David France—Palm Springs, CA 1940 Packard 180 Darrin convertible sedan Dr. James L. Foght—Barrington, IL 1936 Auburn 852 speedster Vail & Linda Frost—Duluth, GA 1952 Cunningham C-3 Vignale coupe Bill Harding—London, UK 1953 Aston Martin DB3S Harold E. LeMay Museum—Tacoma, WA 1917 Crane-Simplex Model 5 Brewster touring Lee & Joan Herrington—Bow, NH 1931 Duesenberg J Murphy coupe Robert J. Herron III—Sunset Beach, CA 1941 Packard Super 8 Rollson convertible limousine Barry G. Hon—Dana Point, CA 1925 Lincoln L Brunn Sport phaeton Gary & Sheryl Hunter—Arcadia, CA 1910 Pope-Hartford Model T 5-passenger touring November 2007 Mark Hyman—St. Louis, MO 1914 Haynes Model 27 touring Sir Michael D. Kadoorie—Hong Kong 1937 Bugatti Type 57S Gangloff coupe 1961 Aston Martin DB4 GT Superleggera berlinetta Arturo & Deborah Keller—Petaluma, CA 1955 Jaguar XKD-type 1934 Duesenberg SJ LaGrande phaeton Tom Kostelecky—Littleton, CO 1932 Packard 905 convertible Victoria Scott & Joan Kriens—Saratoga, CA 1962 Aston Martin DB4 DHC Robert M. Lee—Sparks, NV 1933 Duesenberg J Fernandez & Darrin Victoria 1933 Duesenberg J Weymann speedster Stan Lucas—Long Beach, CA 1932 Auburn 12-160A speedster Bruce S. Lustman—Denver, CO 1952 Ferrari 340 Mexico Vignale berlinetta Bruce M. Male—Swampscott, MA 1956 Maserati A6G/2000 Zagato berlinetta Jeffrey D. Mamorsky—Greenwich, CT 1958 Ferrari 250 GT LWB berlinetta Sam & Emily Mann—Englewood, NJ 1931 Duesenberg J Figoni speedster 1935 Duesenberg J Bohman & Schwartz convertible coupe Michael Marix—Rancho Mirage, CA 1958 Ferrari 250 GT LWB California spyder Bruce Meyer—Beverly Hills, CA 1932 Ford Doyle Gammell 3-window coupe Ken & Patty McBride—Seattle, WA 1912 Premier Model 4-40 7-passenger touring Jay & Christina Moore—Lahaina, HI 1934 Packard 1107 phaeton Roger & Sissy Morrison—Salina, KS 1932 Ford Berardini Brothers “404 Jr.” roadster Charles H. & Alexandra Morse—Seattle, WA 1959 Aston Martin DB2/4 Mk III coupe John & Heather Mozart—Palo Alto, CA 1933 Alfa Romeo 8C 2300 Touring spider 1957 Jaguar XKSS Victor R. Muller—Zeewolde, NLD 1954 Ferrari 250 Monza spyder Peter W. & Merle Mullin—Los Angeles, CA 1937 Delahaye 135M Figoni et Falaschi cabriolet 1907 Niclausse Type 2 Vinder landaulet Dennis P. Nicotra—Fairfield, CT 1938 Bugatti Type 57C Atalante Bob Owens—Haverford, PA 1953 Siata 208S spyder Robert M. Pass—Creve Coeur, MO 1935 Auburn 851 phaeton sedan The Petersen Automotive Museum—Los Angeles, CA 1923 Mercedes 28/95 Targa Florio roadster Henry & Gale Petronis—Easton, MD 1939 Jaguar SS 100 roadster Tom & Gwen Price—Larkspur, CA 1949 Aston Martin DB2 Prototype coupe J. Roberto Quiroz—Monterrey, MEX 1961 Aston Martin DB4 GT coupe 1929 Duesenberg J Derham of SCMer Timothy Durham James D. Raisbeck—Seattle, WA 1937 Cord 812 berline John W. Rich Sr.—Pottsville, PA 1939 Rolls-Royce Phantom III Labourdette Vutotal cabriolet Paul J. Roesler—Mill Valley, CA 1966 Lamborghini 400 GT Touring berlinetta Scott Rosen—Mount Kisco, NY 1952 Aston Martin DB3 Brian & Kim Ross—Cortland, OH 1949 Ferrari 166 MM Touring barchetta William B. Ruger Jr.—Newport, NH 1916 Pierce-Arrow Model 66 runabout Patrick S. Ryan—Montgomery, AL 1930 Cord L-29 Hayes coupe Ray & Janet Scherr—Westlake Village, CA 1934 Packard 1108 Dietrich Sport sedan 1935 Auburn 851 speedster Ed & Judy Schoenthaler—Oak Brook, IL 1924 Packard 226 touring Michael & Bebe Schudroff —Pound Ridge, NY 1953 Aston Martin DB2/4 Bertone cabriolet 1957 Dual Ghia D500 convertible coupe Tony Schwartz—Calabasas, CA 1932 Alfa Romeo 6C 1750 Grand Sport Zagato Spider Daniel Sielecki—Acassuso, ARG 1908 Napier 65R race car Rodney & Mary Smith—Portola Valley, CA 1931 Riley 9 Brooklands two-seater sports 1934 ERA A-Type single-seater Larry Solomon—Woodside, CA 1958 Aston Martin DB2/4 Mk III DHC Chuck Spielman—La Jolla, CA 1930 Duesenberg SJ Murphy Disappearing Top convertible coupe DeNean Stafford III—Tifton, GA 1909 Rolls-Royce Silver Ghost Barker Roi des Belges Chuck & Carol Swimmer—San Diego, CA 1931 Bentley 8 Litre Murphy convertible coupe David & Ginny Sydorick—Beverly Hills, CA 1961 Aston Martin DB4 GT Zagato berlinetta 2002 Aston Martin DB7 Zagato styling buck 2003 Aston Martin DB7 GT Zagato coupe Rick & Vonna Tarnutzer—Newport Beach, CA 1908 Simplex 50 Speedcar roadster Jack E. Thomas Jr.—St. Louis, MO 1955 OSCA Vignale berlinetta John H. White—Sacramento, CA 1941 Lincoln Continental Derham coupe Tim Whited & Gil Cole—Nederland, CO 1929 Ruxton Muller roadster Gregory & Ruth Whitten—Medina, WA 1957 Aston Martin DBR2 1968 Alfa Romeo 33/2 Tipo LeMans coupe Roger Willbanks—Denver, CO 1935 Mercedes 500K Windovers roadster The William Lyon Family—Newport Beach, CA 1930 Duesenberg J Murphy Disappearing Top Torpedo convertible coupe 1931 Duesenberg J Weymann Tapertail speedster Don & Janet Williams—Danville, CA 1937 Rolls-Royce Phantom III Freestone & Webb sedan Harry Yeaggy—Cincinnati, OH 1935 Duesenberg SJ speedster, Best of Show Lorenzo Zambrano—Monterrey, MEX 1959 Ferrari 250 GT Interim berlinetta 67

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Market Reports Overview Monterey Sales Hit $134m Gooding set the record for million-dollar sales, with no less than 21 at this year's event by Jim Pickering Lamb make his way to Concorso Italiano for the fourth installment of Kruse's Vintage Car Auction, where a disappointing 21% sold for a final total of $523k. Lamb noted several of Kruse's headlining cars were no-shows, which was undoubtedly the main cause of a result down over $500k from the $1m sold in '06. That evening, he traveled into downtown Monterey for the kickoff of Russo and Steele's Sports and Muscle at the Marriott, where 99 cars sold for a total of $10m. This year, Russo dropped its 100% no-reserve policy, and Lamb noted the consignments available were more wide-ranging than seen at past Russo and Steele events—with several high-quality sports cars to rival those offered anywhere else on the peninsula. Auction Analyst Carl Bomstead 1914 R-R Silver Ghost—one of ten from the Solove Collection—made $1.2m T 68 here's nothing quite like Monterey during the third week of August. It's a car guy's dream, with too much to do at any given moment and never enough time to see it all. It's seven days of automotive decadence, and this year saw some of the biggest numbers ever realized on the peninsula, with 519 cars and $134m changing hands by the end of the week. Christie's again kicked off the events at the Monterey Jet Center on Thursday night, and Senior Auction Analyst Dave Kinney was present to cover the action. This was Christie's last appearance in the collector car scene, as the company announced it would be closing down its automotive department at the end of September. Results here dropped to $8m from the $9.6m realized in '06, but the high sale of Steve McQueen's Ferrari Lusso at a cool $2.3m quickly became the talk of the weekend, as the “McQueen Factor” added over $1m to it's pre-sale high estimate of $1.2m. Friday morning saw Auction Analyst William “Chip” covered the action across the street at the Portola Plaza, where RM hosted its Sports and Classic Car Auction. Results here grew to almost $47m, or nearly $4m more than last year's $43m. This two-day sale saw 93% sell, with most of the high-end consignments finding new homes at or above their high estimates. A 1959 Ferrari 250 GT LWB California Spyder Competizione was the high sale of the event and the weekend at $4.95m, with eight other cars joining the million-dollar club under Peter Bainbridge's gavel. The Quail Lodge again played host to the Bonhams & Butterfields sale on Friday, and SCM Contributing Editor Donald Osborne was there to record 67 lots selling for a total of $8.1m. This year's consignments included a collection of U.S. Government-seized muscle cars from an Oregon collection, all of which were offered without reserve. Those in the market for something other than American muscle had plenty of choices, including a 1903 Cadillac Rear-Entrance Tonneau—the oldest surviving Cadillac—which sold at $337,000. Numbers here were slightly down overall from marks set in '06, but the company was able to sell a respectable amount despite having no million-dollar lots in the mix. With the close of Christie's automotive department and several of the company's motoring directors and consultants making the move to Bonhams, larger totals can be expected here in the future. The biggest news of the weekend, aside from McQueen's Lusso, was Gooding's stel- lar $61m final result for 122 cars sold. SCM Executive Editor Paul Duchene was present to watch the cars cross the block, and he noted no less than 21 million-dollar sellers at the Pebble Beach Equestrian Center. Expanded this year to two days, the final event of the weekend offered Richard Solove's collection of Rolls-Royce Silver Ghosts and Greg Garrison's Ferraris, both of which helped triple last year's $21m result, thereby propelling Gooding to the number one spot in sales for the weekend. ♦ Sports Car Market

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$10m $20m $30m $40m $50m $60m $70m $80m Gooding & Company RM Auctions Sales Totals 2007 2006 2005 2004 2003 2002 2001 2000 Top Sales by Year 2000 1966 Ferrari 330 P3, $5,616,000 Christie's 2001 1956 Ferrari 410 Sport Spyder $3,822,500 RM Auctions 2002 1962 Ferrari 330 TRI/LM $6,490,000 RM Auctions 2003 Christie's Bonhams & Butterfields 2000 RM Christies Bonhams Russo & Steele Kruse Gooding Total Sold / Offered Total Sales 122 / 152 (80%) 98 / 112 (88%) 38 / 69 (55%) n/a n/a n/a 258 / 333 (77%) $53,547,508 2001 Yearly Sold / Offered Summary 2002 2003 109 / 167 (65%) 50 / 86 (58%) 30 / 70 (43%) n/a n/a n/a 189 / 323 (59%) $31,787,883 126 / 183 (69%) 59 / 92 (64%) 30 / 64 (46%) 28 / 76 (37%) n/a n/a 243 / 415 (59%) $35,103,100 136 / 177 (77%) 40 / 65 (62%) 39 / 73 (53%) 55 / 55 (100%) n/a n/a 270 / 370 (73%) $24,523,275 2004 162 / 185 (88%) 29 / 37 (78%) 33 / 65 (51%) 78 / 78 (100%) 18 / 58 (31%) 44 / 58 (76%) 364 / 481 (76%) $48,281,155 Russo and Steele Kruse 1956 Ferrari 860 Monza $2,057,001 RM Auctions 2004 2005 138 / 153 (90%) 34 / 72 (47%) 46 / 82 (56%) 79 / 79 (100%) 15 / 57 (26%) 62 / 76 (82%) 374 / 519 (72%) $79,079,694 2006 188 / 206 (91%) 34 / 50 (68%) 56 / 69 (81%) 156 / 156 (100%) 18 / 57 (32%) 62 / 78 (79%) 514 / 616 (83%) $100,560,933 2007 178 / 192 (93%) 43 / 61 (70%) 67 / 96 (70%) 99 / 161 (61%) 10 / 48 (21%) 122 / 134 (91%) 519 / 692 (75%) $134,839,073 Best Buys SCM1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts Top10 Sales This Issue (Land Auctions Only) 1. 1959 Ferrari 250 GT LWB California SpyderCompetizione, $4,950,000—RM, p. 94 2. 1931 Bentley 4 1/2-Liter boattail roadster, $4,510,000—G, p. 100 3. 1959 Ferrari 250 GT LWB California Spyder, $4,455,000—G, p. 104 4. 1935 Duesenberg SJ Town cabriolet, $4,400,000—RM, p. 95 5. 1933 Delage D8S Coupe roadster, $3,740,000—RM, p. 90 6. 1884 De Dion, Bouton, et Trepardoux La Marquise dos-a-dos, $3,520,000—G, p. 101 7. 1912 Rolls-Royce Silver Ghost Double Pullman limousine, $2,970,000—G, p. 100 8. 1937 Mercedes-Benz 540K Special roadster, $2,530,000—RM, p. 92 9. 1963 Ferrari 250 GTL “Lusso,” $2,310,000—C, p. 82 10. 1973 Ferrari GTS/4 Daytona Spyder, $2,035,000—G, p. 106 November 2007 1. 1903 Cadillac Runabout, $337,000—B&B, p. 74 2. 1928 O.M. Tipo 655 tourer, $165,500—G, p. 102 3. 1930 Lincoln Model L Dual Cowl phaeton, $93,500—RM, p. 95 4. 1960 Chevrolet Corvette convertible, $66,000—C, p. 86 5. 1968 Chevrolet Camaro Z/28 coupe, $80,300—R&S, p. 118 69 2007 2006 2005 1936 Duesenberg SJ Speedster $4,455,000 Gooding & Company 1967 Ferrari 275 GTS/4 NART Spyder $3,960,000 Gooding & Co mpany 1958 Ferrari 412 S sports racer $5,610,000 RM Auctions 1959 Ferrari 250 GT LWB California Competizione Spyder, $4,950,000 RM Auctions

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Bonhams & Butterfields Carmel Valley, CA Column Author Collectors' Motor Cars at Quail Lodge A group of 17 muscle cars and Corvettes from a federally seized Oregon collection sold for a combined $2.1 million Company Bonhams & Butterfields Date August 17, 2007 Location Carmel Valley, CA Auctioneer Malcolm Barber Automotive lots sold / offered 67 / 96 Sales rate 62% Sales total $8,109,445 High sale 1907 Packard Model 30 and 1931 Rolls-Royce Phantom I convertible coupe, sold at $403,000 each Buyer's premium One of two L88 Corvettes present, this “Hanky Panky Special” made $155,500 Report and photos by Donald Osborne Market opinions in italics A s is its usual practice, Bonhams & Butterfields's annual August feature during the Monterey week was centered on a collection. Most unusually for an audience used to seeing European sports, racing, and classic cars, the collection was one consisting largely of American muscle cars and Corvettes. They sat in the middle of the sale like hot dogs and apple pie in the midst of plum pudding and Chateaubriand. The muscle cars were formerly the property of an Oregonian and had been seized by the Feds. All were offered at no reserve. Most of the 17 lots were well documented, well restored, or preserved examples. The group raised $2.1 million, and one of the most notable, a superbly original '68 Corvette L88 coupe, sold for a strong $254,500—60% above its high estimate of $150k. The other lots ran the gamut, from a Morris Minor through a Duesenberg Model J to a Gurney AAR Eagle Indy car. As has become customary, music clips accompanied the arrival of every lot on the ramp. One of the most appropriate tunes was “Stormy Weather,” played for a 1950 Jaguar Mk V drophead coupe formerly owned by singer Lena Horne. It actually gave me goose bumps and probably helped the average condition Jag bring a healthy $114,660. Another highlight of the sale was the oldest surviv- ing Cadillac, a 1903 Rear-Entrance Tonneau, which was also one of the first sold to the public. Jim Taylor, the 70 Sales Percentage 100% 80% 60% 40% 20% 2007 2006 2005 2004 2003 2002 2001 2000 17% on the first $100,000, 10% thereafter (included sold prices) current General Manager of Cadillac, was on hand to introduce it, and the stunningly restored and Londonto-Brighton-eligible car had to be considered a bargain at a mid-estimate $337,000. French Grand Routiers were represented by several Delages, a pair of Delahayes, and a Talbot-Lago. The Talbot, an older restoration of a factory-bodied drophead coupe formerly resident in the Rosso Bianco Collection, sold for $293,000. My favorite of the French cars was an elegant 1929 Delage DMN Faux cabriolet, which was well bought at $227,000. Bodied by Figoni prior to his association with Falaschi, it had a formality and restraint that seemed almost English in aspect. The catalog cover lot, and one of the expected stars of the sale, was the 1952 Allard J2X racer, which competed at Le Mans with Sydney Allard himself behind the wheel. Campaigned in Europe for two years, then sold to the U.S. in the mid-'50s, it had lain in Midwestern storage, untouched, for over 50 years. Expectations were high, but much to the dismay of all concerned, the car arrived at the auction tent sporting a brand-new coat of paint. As a result, it was a notable no-sale at $675,000 against an $850k low estimate. This sale's $8.1m and 62% sale rate compares unfavorably with 2006's $12.4m realized with an 81% sale rate, but this year's totals were achieved with no million-dollar lots. It's still a healthy improvement over the $4.5m and 57% of 2005 and the $5m and 49% recorded in 2004. Further, with the recent news that Christie's has given up on motorcars, and the key players in the division are now a part of the Bonhams team, the playing field on the Monterey peninsula will only get more contested, and more interesting, next year. ♦ Sports Car Market

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Bonhams & Butterfields Carmel Valley, CA Column Author ENGLISH #419-1928 ROLLS-ROYCE PHANTOM I Avon sedan. S/N S221KR. Eng. # 22189. Burgundy & black/red & black cloth. Odo: 162,331 miles. Coachwork by Brewster. Variable panel fit. Remnants of paint chipped, faded, and scarred. Bright trim completely oxidized, but all there. Delightful 1950s sofa fabric on seats, but interior also appears complete on radiator shell and fading on some side trim pieces. Interior has nice leather and excellent wood trim. Cond: 3+. SOLD AT $114,660. Ex-Lena Horne. These cars are notoriously expensive to restore, so finding one already “done” is the way to go. Last seen at the Christie's Pebble Beach sale in August '01, where it didn't sell at $65,000 (SCM# 23310). Although rated as a #1 at the time, it was not identified as having been owned by the famous singer. Someone did his research in the meanwhile, and it apparently paid off. with all hardware and gauges. Cond: 5-. SOLD AT $40,950. An elegant sedan with great lines. In spite of the semi-derelict condition of the car, the doors shut beautifully, which was a testament to its superb original build quality. It will be stunning once restored, and it was well bought at the mid-estimate money. #420-1935 BENTLEY 3 1/2-LITER Aerodynamic saloon. S/N B103CW. Twotone gray/dark red leather. RHD. Odo: 99,468 miles. Coachwork by Rippon Brothers. Good panel fit, excellent paint and chrome. Spotless Equipped with Borrani wire wheels and aero screens. Cond: 3-. SOLD AT $205,000. ExWalter Hill. Older restoration of a rare alloy roadster now moving from patina to wear. Last seen at the Bonhams Goodwood sale in September '05, where it sold for $132,130 (SCM# 39685). Only 19 miles on the clock later, the car clearly has not benefited from storage. The sale price was fair, given the needs noted. interior with only a trace of soiling on rubber mat under pedals. Sliding roof. Cond: 1-. SOLD AT $194,000. A Pebble Beach winner, featured in Motor magazine in 1935. A lovely example of “the silent sports car,” superbly restored and still presenting quite well. Still a good buy at $20k above the high estimate. #406-1950 JAGUAR Mk V drophead coupe. S/N 640073. Silver & black/black canvas/red leather. RHD. Odo: 2,708 miles. Excellent panel fit. Very good paint has a large adhesion bubble on right front fender. Decent chrome shows sanding marks under plating #476-1952 ALLARD J2X Chrysler/ Cadillac racer. S/N J3055. Dark green/brown leather. RHD. Odo: 3,891 miles. Good panel fit, new paint somewhat dull and wavy. Original seats have a wonderful patina. Catalog states original Chrysler V8 was replaced with a Cadillac powerplant in the early 1950s. Same U.S. owner since 1953, basically stored since the mid-'50s. The catalog cover car, and the #452-1950 JAGUAR XK 120 Alloy Competition roadster. S/N 670119. Eng. # W11928. Silver gray/gray cloth. Odo: 65,757 miles. Variable panel fit, with uneven hood and trunk gaps and both doors out at rear edge. Older paint is somewhat faded in spots, with a few small chips and some bubbling at front of rear wheelarch. Good interior has some soiling on seats. Later high-compression head fitted. events, later restored and vintage raced in U.S. Cond: 2. SOLD AT $287,500. Ex-Curt Lincoln. Very well presented, quite usable race car recently in museum display. Once recommissioned, it will be welcome in many events, so it was priced correctly. #490-1959 JAGUAR XK 150S 3.4 roadster. S/N T831505DN. Eng. # VS14699. Sherwood Green/black canvas/green leather. Odo: 39,171 miles. Decent panel fit. Good paint shows polish swirl marks, some small bubbles, and stress cracks on hood. Chrome has some light pitting, window felts worn. Clean interior has replaced lesson of what owners of such cars should not do before offering them for sale. A new owner wants to see the originality, and now it's gone forever. The high bid was well below market. #459-1959 COOPER-CLIMAX MONACO Mk I racer. S/N CM159. Eng. # 430301164. Red/black vinyl. RHD. The Jack Brewer race car. Very good paint. Some crazing on side window plexiglass. Clean interior and engine. The second built, run when new in Scandinavian seat cushions, but original backrests show a nice patina. Dull, faded steering wheel. Cond: 3-. SOLD AT $155,500. The smaller engined 150, with the triple-carb S head and overdrive. Some say it's the preferred model, as the 3.8s are slightly heavier. Great colors, and clearly refurbished rather than being restored. A very big price for condition—are they making another move upwards? For now, let's call it very well sold. #417-1961 JAGUAR XKE coupe. S/N 885104. Eng. # P23009. Dark red/beige leather. Odo: 37,688 miles. Very good panel fit, except would-be star of the sale. Cond: 3. NOT SOLD AT $675,000. Ex-Sydney Allard/Jack Fairman Le Mans racer. As no current photo of the car appeared in the catalog, anticipation of a great “barn find” was high. When the freshly, and casually, repainted car appeared onsite, the disappointment was palpable. It's an object 72 Sports Car Market

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Bonhams & Butterfields Carmel Valley, CA right door slightly out at rear edge. Wellsprayed paint has a few small sinkholes visible. Very good chrome shows waviness under plating in a few spots. Excellent interior. Cond: 2+. SOLD AT $81,900. A lovely color combination on a desirable early E-type coupe, the purest form of the model. Lots of money spent on the restoration, which was not to the highest level. A very handsome driver nonetheless, and a fair deal for both the buyer and seller. #401-1962 DAIMLER FERRET Mk II Armored Scout Car. Olive drab/black vinyl. Paint flat and chipped, with some shrinkage and lumpiness throughout. Many surface rust patches showing. Interior shows battlefield patina. Fitted with Bren Mk I automatic rifle, circa 1942. Cond: 5. SOLD AT $28,080. The smart successor to the Daimler what wavy, showing some prep issues and slight overspray on window trim. Chrome has light pitting and fading, with slight area of dullness on left windshield post. Very good seats, somewhat thick carpets, nicely finished interior wood trim. Cond: 3. SOLD AT $227,000. An elegant design by Figoni, pre-Falaschi. A real thoroughbred look. An older restoration for the road rather than show, it would make a stunning tour car or the basis for a spectacular restoration. Priced right. #460-1935 TALBOT-LAGO T120 drophead coupe. S/N 85221. Eng. # 77080. Two-tone yellow/brown canvas/ivory leather. RHD. Odo: 11,250 km. Very good panel fit, nice paint has a chip on nose at hood seam on left. Very good chrome, except for a crack on Dingo armored car of WWII. Just the thing for scything through the parking lot at your local Safeway supermarket. With the $87,750 sale of the replica 1914 Rolls-Royce armored car at the Frank Cooke sale in September '06 (SCM# 43033), Bonhams is becoming a bit of a minitank specialist. Well sold. #413-1971 JAGUAR XKE Competition Replica roadster. S/N 7001054. White & green/aluminum. Very good paint, with a few small chips on sill at left rear hood edge. Spartan interior shows full Autometer instrumentation and racer-spec accommodations. Clean engine vertical grille bar. Decent interior has some soiling on front seat cushions. Yellow cut glass radiator ornament. Cond: 2-. SOLD AT $293,000. Ex-Rosso Bianco collection. A great looking big Talbot wearing an older restoration which still shows very well. If it runs well after its idleness in display, it will be a great tour car. Priced right. #468-1948 DELAHAYE 135M cabriolet. compartment. Cond: 2+. SOLD AT $56,160. A recreation of Bob Tullius's Group 44 racer, built around a Joe Huffaker V12. A very well presented vintage racer, purchased for a fraction of the build price. It will have to be explained at events, but well bought nevertheless. FRENCH #470-1929 DELAGE DMN Faux Cabriolet coupe. S/N 31453. Dark blue & black/black leather/navy leather. RHD. Odo: 6,021 km. Coachwork by Figoni. Good panel fit, except wide gap on rear edge of trunk lid. Paint some- November 2007 S/N 800692. Eng. # 800692. Dark green & tan/ beige canvas/tan leather. RHD. Odo: 26,235 km. Coachwork by Pennock. Excellent panel fit and paint, with a few small chips on left front of hood. Very good chrome with a small ding on left rear fender trim. Nice interior has some soiling on right front seat. Excellent grilles and scratches to window trim on door tops. Excellent interior. Bridgestone Potenza tires, Alpine CD player. Cond: 2+. SOLD AT $271,000. Ex-Otis Chandler. A superbly turned-out “street” RS, clearly meant to be driven. Perhaps the provenance drove the price, but it's hard to fault. This may be the new standard. ITALIAN #408-1959 MORETTI TOUR DE MONDE coupe. S/N 2833. Cream & dark red/dark red vinyl. Odo: 9,194 km. Nice panel fit. Very good paint has a few small scratches 73 bright trim, some perished window rubbers. Well-fitted interior is somewhat soiled. Cond: 2-. SOLD AT $102,960. Shown at Pebble Beach some years ago. A dramatic and elegant Franco-American coupe, and a veteran of the California Mille. A market-correct price for a big Facel today. GERMAN #471-1973 PORSCHE 911 CARRERA RS Touring coupe. S/N 9113600866. Eng. # 6630855. Orange/black leather. Odo: 44,086 miles. Very good panel fit, excellent paint. Very good chrome with some pitting on front fender wood trim. Cond: 2+. SOLD AT $260,000. Elegant and subtle English coachwork on a high-performance 3-carb chassis. Seen at Barrett-Jackson's L.A. sale in June '01, where it was a no-sale at $97,200 (SCM# 24336). 238 km later, with a repaint and retrim, it appeared at Gooding's Pebble Beach sale in August '04, where it stalled at $220,000 (SCM# 34667). Driven 127 km further, it sold here at $260k. A fair deal for both parties. #448-1955 FACEL VEGA FV1 coupe. S/N FV155050. White & black/white leather. Odo: 11,225 miles. 291-ci V8, 4-bbl, auto. Very good panel fit. Decent paint shows a small dent on nose and ding in trunk lid. Very good

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Bonhams & Butterfields Carmel Valley, CA Column Author winning Lancia in the rare street version. At least this one hasn't been made into a faux Rally, even though it's painted as one. Values have been steadily rising on the Stratos, and some have been questioning the trend. As the buyer was a very astute dealer, he must feel there's additional room for profit even at this price. AMERICAN and evidence of filler in sills, with bubbling on right sill at front of door and rear wheelarch. Unmarked chrome. Clean interior has been redone rather casually in low-grade vinyl. Nardi wood wheel. Cond: 3-. SOLD AT $24,000. Cute, but not important, Moretti 750-cc coupe. The spider is generally better looking, but neither has any competition history. Last seen, twice, in January Arizona auctions. Sold in '02 at RM for $8,800 (SCM# 27008), and again at Russo and Steele in '05 for $9,745 (SCM# 37022). I was ready to bid, but the unreached reserve was a bit on the ambitious side given the condition. The sale price was generous. #420A-1969 FERRARI 365 GT 2+2 coupe. S/N 13139. Eng. # 13139. Rosso Rubino/black leather. Odo: 26,491 miles. Good panel fit, except both doors out at rear edge. Very good paint with one small touched-up chip. Chrome shows a small ding in rear bumper, some fading and pitting on vent window trim. Nice interior #412-1903 CADILLAC Runabout. S/N 13. Red & black/beige canvas/ black leather. RHD. Excellent high quality restoration with no visible faults. Perfect paint, well-fitted leather, nice top and chassis detailing. Cond: 1. SOLD AT $337,000. The 1903 New York Show car, and the oldest surviving Cadillac. Introduced cushion. Cond: 2. SOLD AT $30,420. A rarely seen sleeve-valve roadster in an unusual but quite attractive color scheme. Nicely restored, it was rather elegant in a quiet middle-class way. This mid-estimate price was a good deal for the buyer and seller alike. #449-1929 DUESENBERG MODEL J convertible sedan. S/N 2225. Eng. # J355. Black/black canvas/tan leather. RHD. Odo: 26,645 miles. Coachwork by Murphy. Excellent panel fit, very good paint shows a few chips at battery box cover on left side and a stress crack on left front fender. Several touched-up chips visible. Very good bright trim, top somewhat soiled. Well fitted interior. Original engine, at the auction by Cadillac's current General Manager, Jim Taylor. This mid-estimate result was a good buy for the new owner, as it's not only London to Brighton eligible, but it would be welcome in any U.S. concours as well. A bit of a bargain at this price. (Profiled on p. 58) #410-1915 FORD MODEL T touring. with newer front seat facings, minor cracks in dash wood varnish on instrument cluster. Both tool kits. Cond: 2-. SOLD AT $144,500. The Queen Mother in a great color. Values have been steadily rising for these once-lightlyloved but very capable cars. A year ago this price would have seemed an anomaly, but now it may be market correct for condition. #446-1975 LANCIA STRATOS Stradale coupe. S/N 829ARO0011948. White & red/ black velour. Odo: 29,137 km. Good panel fit, very good paint in Marlboro racing livery. Seats quite worn, with very distressed fabric to the driver's seat. Nice dash, with some wear to steering wheel. Cond: 4+. SOLD AT $131,300. The Ferrari-powered rally championship- Eng. # 726501. Mint Green & black/black vinyl/black leather. RHD. Good panel fit. Decent paint has two small chips. Brass radiator shell well dimpled, interior has a comfortable patina. Cond: 2-. SOLD AT $8,190. A J204, replaced by current unit. Cond: 2-. NOT SOLD AT $780,000. A nice Murphy-bodied J convertible sedan. Looks much sleeker than would be expected by the size of the car. Last seen at Brooks Quail Lodge auction in August '00, where it was a no-sale at $440,000 (SCM# 10141). This high bid was on the money in this current market, and it could have sold with no regrets. very handsome bright green T tourer. It is said that such a color was worn by this car since dealer delivery. Whether or not that was true, it was a neat touch—and you'll seldom lose yourself on the field at an antique Ford event. Well bought. #405-1928 WILLYS-KNIGHT MODEL 56 roadster. S/N 47198. Silver & light green/beige canvas/tan leather. Odo: 74,877 miles. Somewhat variable panel fit, with very wide gap at the rear of the rumble seat cover. Very good paint, excellent chrome. Nicely fitted interior has several scratches in seat back 74 Sports Car Market #418-1938 CADILLAC SERIES 90 Imperial Town sedan. S/N 5270283. Black/ gray cloth. Odo: 3,871 miles. Very good panel fit. Older paint scarred and chipped, with a great deal of fading on right front door. Chrome lightly pitted, faded, and scratched. Interior shows water stains on door panels and tears in driver's seat cushion. Carpet totally worn away

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Bonhams & Butterfields Carmel Valley, CA Column Author below pedals. Dry wood trim. Non-divider. Cond: 5+. SOLD AT $55,000. One of 20 V16 Town Sedans built in 1938. Appears largely original, but storage has rendered it unusable as it sat. Once restored, it will be quite grand, and the buyer got the better deal. #415-1958 DUAL-GHIA convertible. S/N 128. Yellow/tan canvas/camel vinyl. Odo: 78,594 miles. Nice panel fit. Good paint has touched-up chips on left door edge, overspray on side chrome trim. Several pieces of chrome show waviness under plating. Clean interior done in low-grade vinyl. “Brody knob” on steering wheel, dash plaque reads “Made for SOLD AT $144,500. Bloomington Gold certified in 1989. GM Canada keeps documentation on all cars sold, making authentication easy for cars sold north of the border. Still just about perfect, and this was a market-correct price. #428-1967 CHEVROLET CORVETTE convertible. S/N 194677S103944. Eng. # T0928JE7103944. Ermine White & blue/white vinyl/white leather. Odo: 71,869 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Very good panel fit. Excellent paint, decent chrome shows some of right rear fender. Some fading on chrome window trim. Very good interior, with rear seat removed. R-type nose fitted, SAAC registered. From the no-reserve Oregon muscle car collection. Cond: 2-. SOLD AT $147,800. A wellturned-out genuine GT350 in an attractive color. Not everyone will love the R-type nose modification, but the car has to be considered well bought at this price. #423-1967 SHELBY GT500 fastback. B H Godwin.” Cond: 3-. SOLD AT $199,500. Dual-Ghias are fabulous Italo-American luxury sportsters that were so exclusive that it was said “Rolls-Royces are for people who can't get a Dual-Ghia.” The colors were very '70s, and the restoration was as well. This price used to buy a #1 example, so the values continue to rise. Well sold. #440-1963 CHEVROLET CORVETTE convertible. S/N 30867S105012. Eng. # 3105012F1116RF. Saddle Tan/black canvas/saddle leather. Odo: 1,581 miles. 327-ci 360-hp V8, 4-sp. Good panel fit, except for top lid, which is raised at rear edge and hood raised at rear edges. Very good paint, except for a crack forming over right front wheelarch. Small chips on rear deck. Very good chrome and interior. Cond: 2-. S/N 67410F2A02943. Dark blue metallic/ black vinyl. 428-ci V8, 2x4-bbl, auto. Very good panel fit, excellent paint. Some window trim chrome faded and scratched, bumpers still nice. Well fitted interior with some pitting on waviness under plating on front bumpers and windshield surround. Very good interior has lightly soiled seats. Sold with hard top. From the no-reserve Oregon muscle car collection. Cond: 2+. SOLD AT $166,500. NCRS Top Flight Award winner, scoring 97.4 points in 2002. A top-spec '67 convertible, in dramatic and blinding triple white with blue. Well sold. #424-1968 CHEVROLET CORVETTE L88 coupe. S/N 194378S422103. Eng. # T0229IT18S422103. Le Mans Blue/blue leather. Odo: 29,694 miles. 427-ci 430-hp V8, 4-bbl, 4-sp. Very good panel fit typical of Corvettes of the era. Well-applied paint shows light polish swirl marks and a few light chips. C-pillar vent trim. SAAC registered. From the no-reserve Oregon collection. Cond: 2-. SOLD AT $150,000. A handsome “big” Shelby. Well restored, but not to the highest level. Last seen at Russo and Steele's Monterey sale in August '04, where it was rated as a #1- and sold at $101,210 (SCM# 34885). The buyer here got a very good deal on a great looking and potent Shelby. #426-1967 CHEVROLET CORVETTE SOLD AT $101,790. Scored 96.4 with the NCRS in August '91. Now going off, it still looks lovely. Last seen at McCormick Palm Springs in February '07, where it was a nosale at $80,000 (SCM# 44543). Unless my eyes deceived me, it also had less mileage on the clock here than the 1,654 reported then. Its condition seems to have deteriorated a bit, no doubt due to transportation. The seller was wise to let it go. #430-1966 SHELBY GT350 fastback. S/N SFM6S2296. Ivy Green & white/black vinyl. Odo: 3,808 miles. 289-ci V8, 4-bbl, 4-sp. Variable panel fit, as per factory. Very good paint has a small area of bubbling on top 76 coupe. S/N 194377S108069. Eng. # T1228JF108869. Marlboro Maroon/black leather. Odo: 40,073 miles. 427-ci 425-hp V8, 3x2-bbl, 4-sp. Excellent panel fit, chrome, and interior. Very good paint has some light polish swirl marks. Canadian delivery car, Redline tires and sidepipes fitted. From the no-reserve Oregon muscle car collection. Cond: 1. Chrome excellent, interior has some minor chipping on console bright trim. From the Oregon no-reserve collection. Cond: 2-. SOLD AT $254,500. One of 80 1968 L88 Corvettes built. Very well presented, it was the only car in the group that exceeded its pre-sale estimate, and deservedly so. A big price, but appropriate for the car. #431-1968 CHEVROLET CORVETTE L88 coupe. S/N 194378S419533. Eng. # T0229IT18S419533. Silver/black leather. Odo: 33,646 miles. 427-ci 430-hp V8, 4-bbl, 4-sp. Good panel fit, except for uneven gap around left door. Very good paint and interior. M22 Rock Crusher 4-speed gearbox, F41 suspension, J56 power brakes. Radio and heater delete. From the no-reserve Oregon muscle Sports Car Market

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Bonhams & Butterfields Carmel Valley, CA which is certain to have been born that way. These colors were unusual, and the car was in superb condition overall. Given the past sales of these cars, this has to be considered well bought. car collection. Cond: 3+. SOLD AT $155,500. The Hanky Panky Special, one of 80 1968 L88s built. A successful racer when new, restored in 1989. Here it still presented very well, and it was a decent deal for all involved. #421-1969 CHEVROLET CAMARO Z/28 coupe. S/N 124379N644001. Eng. # KMV4201DZ. Hugger Orange & black/black vinyl/black vinyl. Odo: 31,872 miles. 302-ci V8, 2x4-bbl, 4-sp. Variable panel fit, especially around hood, as per factory. Decent paint has a few minor prep issues and light polish swirl marks. Chrome and trim nice, clean interior in #422-1970 PLYMOUTH ROAD RUNNER Superbird 2-dr hard top. S/N RM23U0A175667. Lime Green/black vinyl/ black vinyl. 440-ci V8, 3x2-bbl, auto. Good panel fit, decent paint has some touched-up chips, drips, and a polish burn on the left rear fender. Good interior shows some wear on a bad deal for a geniune race car with some history which should be fairly inexpensive to campaign. #402-1984 PONTIAC FIREBIRD KITT coupe. S/N 1G2AW87G6EL241818. Black/ tan cloth. Surprisingly good panel fit. Paint uneven and mottled, with some scratches here and there. All “Super Pursuit Mode” scoops present. Interior is complete with tach, “propagnation delay” readout and dual 4-inch video screens on loose dashboard overlay. door panel trim. Richard Petty-autographed dashboard and rear wing. From the no-reserve Oregon collection. Cond: 3-. SOLD AT $114,660. A very green 'bird. Nicely restored, then clearly used. Two Richard Petty autographs might be a bit over-the-top, but they're nice to have. It's certainly worth more than the winning bid of the SCMer who snagged it. Well bought. #432-1970 CHEVROLET CHEVELLE SS original style. Optioned with Cross Ram intake and JL8 4-wheel disc brakes, sold with Protecto-Plate and original warranty booklet. From the no-reserve Oregon collection. Cond: 2-. SOLD AT $172,000. Ex-Otis Chandler. While most of the cars offered from the collection went for below their estimates, this one still sold in the right value range for the model, condition, and options. #427-1969 CHEVROLET CAMARO COPO coupe. S/N 124379N657861. Eng. # T0513MN. Olympic Gold/green vinyl. Odo: 42,872 miles. 427-ci V8, 4-bbl, 4-sp. Good panel fit, straight and solid body. Excellent paint, chrome, and interior. M21 4-speed gearbox, power disc brakes, Firestone Wide Oval tires. Canadian delivery. From the no-reserve Oregon muscle car collection. Cond: 1-. SOLD AT $199,500. With GM Canada's documentation, this was one of the few COPO Camaros 454 LS6 2-dr hard top. S/N 136370R207985. Eng. # T0122CRV103207985. Black & white/ black vinyl. Odo: 23,235 miles. 454-ci V8, 4-bbl, 4-sp. Variable panel fit, as per factory. Very good paint has light polish swirl marks and a small road chip. Very good chrome and Pistol grip steering wheel, T-tops, functioning flashing red nose lights. Cond: 4-. SOLD AT $16,382. The George Barris-built “Super Pursuit Mode” KITT co-star from the TV show “Knight Rider.” Even allowing for the magic a camera provides over reality, this one was pretty scruffy. It's a shame SCM's Dave Kinney bought his Trans-Am when he did—surely this would have been the ultimate ride for the Bandit run. A bargain, if you care. #445-1998 SHELBY COBRA 427 S/C roadster. S/N CSX4097. Guardsman Blue/ black leather. Odo: 621 miles. 427-ci V8, 2x4bbl, 4-sp. Very good panel fit, smooth paint has a small chip on right rear fender bulge. Excellent interior, clean engine compartment. A nice presentation throughout. Cond: 1. interior, hood pins and functional cowl induction delete. From the no-reserve Oregon muscle car collection. Cond: 2-. SOLD AT $93,600. A rare 4-speed SS 454 LS6 in menacing black. Actually one of two from the group at the sale. This price was well below the pre-sale low estimate of $125,000, but it was in line with the current market. No bargain, but no harm done. #456-1981 GURNEY AAR EAGLE racer. Two-tone blue. Very good paint, with a few minor track chips and rubs. Clean chassis and engine, race tires show some use. Accompanied by its USAC and CART logbooks. Cond: 2. SOLD AT $38,025. Ex-Steve Chassey, driven in nine CART races in 1981. Complete, but does not appear to have been run recently. Not November 2007 SOLD AT $117,000. A “continuation” S/C built by Shelby American in 1998. Practically as new. A “real” Cobra, just not one of the incredibly rare and valuable ones built in the '60s. Given what some of the replicas bring, this was not a bad value for a car with a prized “CSX” VIN. ♦ 77

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Christie's Monterey, CA Column Author Exceptional Motor Cars at the Monterey Jet Center The “McQueen effect” saw the Ferrari Lusso sell at $2.3m—or more than $1m over its pre-sale high estimate Company Christie's Date August 16, 2007 Location Monterey, CA Auctioneer Hugh Edmeades Automotive lots sold / offered 43 / 61 Sales rate 70% Sales total $8,067,400 High sale 1963 Ferrari 250 GTL Lusso, sold at $2,310,000 Buyer's premium 10%, included in sold prices McQueen's $2.3m Lusso meant Christie's bowed out with a bang Report and photos by Dave Kinney Market opinions in italics A s the leadoff auction in the week of the Pebble Beach Concours, Christie's position was enviable. Without the competition from other auctions, the room was crowded even at the beginning of the sale, and that was something a number of the other auction companies could not claim at this year's events. There was much speculation in the air leading up to the week of the sales in Monterey, as economic turmoil in the guise of failing sub-prime loans and a churning stock market continued to make headlines around the world. However, this crowd, as well as those at all the other auctions in the area, seemed to feel no ramifications from the greater market. The offerings at Christie's this year included a large collection of no-reserve cars from a museum and event hall in Germany. All of the cars from this collection were American, and many of them had been fully restored before their lives as museum pieces. After years of sitting, however, all of them needed at least some form of reconditioning. This proved to be a golden opportunity for Corvette purchasers, as all the 'Vettes on offer had low or no miles since their restorations. Many sold at just a bit more than half of their #1 condition price; and a few of them—with plenty of gentle mechanical coaxing—might just be among the bigger bargains seen so far this year. Allan B. Stone's collection of Bugattis was offered 78 Sales Percentage 100% 80% 60% 40% 20% 2007 2006 2005 2004 2003 2002 2001 2000 this year, and two of them sold, including a Type 52 “Baby” Bugatti that brought a stunning $44,000, as well as a Type 40 two-seater that raised $165,000. An exquisite 1930 Duesenberg J convertible Berline with coachwork by LeBaron brought $902,000. That may have been a bargain, at least percentage wise, when compared to a 1959 Volkswagen Beetle convertible that brought $52,800. Perhaps the most talked-about car of the weekend, and certainly the most anticipated sale at Christie's, was the ex-Steve McQueen Ferrari Lusso. As much as 20% of the audience left after its sale, even though it was but the midway point of the auction. Christie's did a spectacular job in making the world aware not only of the McQueen Lusso, but also that they were marketing the car at this time and at this venue. The results speak for themselves, as many of the savvy market observers thought the car would sell for between $800k and $1.2m. The same “McQueen effect” that was present with the sale of his $70,200 sunglasses at Bonhams & Butterfields in November 2006 was felt here, as the car found new ownership at an impressive $2.3m. With Christie's closing the doors of its automotive department at the end of September, this was the company's last high-profile automotive event. Totals were down this year a full $1.6m from last year's $9.6m, but the sales percentage grew slightly to 70% from the 68% sold last year. Although these results were not over the top, chatter about the Lusso could be heard across the peninsula throughout the weekend, and that alone was enough to show Christie's had gone out with a bang. ♦ Sports Car Market

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Christie's Monterey, CA Column Author ENGLISH #71-1908 NAPIER TYPE 23A Seven Seater touring. S/N 4134. Eng. # 3347. British Racing Green/black cloth/black leather. RHD. Odo: 1,172 miles. What the English think of as “nice patina,” but what most of us here in the U.S. would describe as “in need of a full restoration.” Paint has developed an interesting texture that appears to have been due to a chemical reaction. Quite complete, with lots of very nice brass. Interior well worn and #75-1974 JAGUAR XKE SIII convert- ible. S/N UEIS25759. Eng. # 7S5789LA. British Racing Green/black vinyl/tan leather. Odo: 11,745 miles. Nicely done paintwork, chrome shows some minor isses throughout. Started well when cold with no smoke, which is not always a given on Series III Jags, as show queen. The catalog stated this car has been listed in the Le Mans Registry—a copy of which would be handy to have for everyone who wants to know if they are looking at a real Le Mans or just a replica. #69-1956 JAGUAR XK 140 SE roadster. S/N S812197. Eng. # G702085. White/tan cloth/red leather. Odo: 6,911 miles. Paint quite nice, light color mismatch at the trunk area visible. Some gap anomalies noticeable around both doors. Chrome not perfect, but in no way an issue. The interior looks spot-on, with well possibly original. New top. Cond: 4 +. SOLD AT $682,000. If you're not familiar with the Napier brand, it's worth looking it up; for those with a short attention span, the best thing to say is that it was a Rolls-Royce competitor. Rare, unusual, and quite sought after by a very small group. Very well sold, this car achieved a full $182,000 over its high estimate of $500k. Well done. #76-1955 AUSTIN-HEALEY 100-4 BN2 convertible. S/N BN2L228644. Eng. # 1B228644. Red/black leather. A nice presentation of a less-than-show-quality example. Clearly used and enjoyed. Very good paint, unmarked brightwork. Interior well fitted, but shows some slight wear. Underhood is well done leather work, very good gauges and steering wheel, and nice carpets. Cond: 3+. SOLD AT $93,500. Market-correct money in late summer of '07. Appealing in its color combination, but not much hope as a national show winner. This “driver plus” example will likely make its new owner quite happy. #53-1966 AUSTIN-HEALEY 3000 Mk III Phase 2 roadster. S/N HBJ8L32017. Eng. # 29KRUH5256. Guardsman Blue/blue vinyl/ blue leather. Odo: 54,816 miles. Well-applied paint appears to be of top quality, all gaps and trim nice. Excellent brightwork, glass, and gaskets. Well-done interior appears both well fitted presented and tidy. Smoked heartily on start up. Cond: 3. SOLD AT $82,500. Freshened, but not restored. The only thing bothersome here was the smoke, which could be explained away if it was overly choked or had been sitting for a while. The price was a bit harder to explain. Obviously, someone thought this car was worth more than I did, but I don't make the rules. #63-1955 AUSTIN-HEALEY 100M Le Mans roadster. S/N BN1L225762. Eng. # 1B225762M. Black & white/red vinyl. Decent quality throughout. Paintwork is not stand-out, chrome pieces done to the same level. At least one cut in the vinyl, but it's not in an area where you are likely to look first. Overall, a regular ten-footer. Cond: 3. SOLD AT $55,000. This mid-estimate buy seemed appropriate, as this Austin-Healey was a driver and not a 80 and correct, with excellent wood and carpets. Cond: 2+. SOLD AT $68,200. No surprises here, either good or bad. The Healey market is a difficult one to follow as market prices which appeared to be all over the board in the past few years seem to finally be settling. I'll call this one market correct. Sports Car Market many have what we politely call deferred maintenance issues. Nice interior completed in the stock style. Cond: 3+. SOLD AT $60,500. $60k is likely the new $40k for Series III cars. Many are still available for less, but not with desirable colors, 4-speeds, wire wheels, and a/c. Despite its battering ram front bumperettes, this example sold well. FRENCH #91-1927 BUGATTI 40 two-seater. S/N 40490. Eng. # 390. Blue & dark blue/tan vinyl. RHD. Paintwork is better than it appears at first glance, but brightwork is not. Very tired throughout, with worn vinyl seats and old carpets. Engine compartment complete, but clearly used. Straight metal dash face holds several mismatched gauges. From the Allan B. Stone Estate. Cond: 4+. SOLD AT $165,000. A very low price of entry for a fully adult motorcar. Your gateway to owning a Bugatti for cheap. You never tell a mother that her child is ugly, so let's just say that this Type 40 is “visually challenged.” Perhaps a fenderectomy is in the cards for this car. #90-1928 BUGATTI TYPE 52 “Baby” racer. S/N 327A. French Racing Blue/dark red leather. RHD. Equipped with an electric motor.

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Christie's Monterey, CA Column Author Some light surface scratches to paint. Good to very good brightwork, some recently polished. Leather seat possibly original, with a very nice patina. From the Allan B. Stone Estate. Cond: 3+. SOLD AT $44,000. A good bit of money for a kid's toy; but, truth be told, many well-heeled Bugatti owners keep one in their office for display. $25k used to shock just a few years back, but $40k seems downright pedestrian now. GERMAN #68-1955 MERCEDES-BENZ 300SC Cabriolet A. S/N 1880135500028. Eng. # 1999805500028. Ivory/chocolate cloth/ chocolate leather. Odo: 20,027 miles. Very good to excellent quality paint. Some areas on trunk now show cracks, one spot by door in rear quarter is more disturbing. Very good chrome, some light pitting could likely be miles. A fully restored and partially modified example. Excellent paint and brightwork. Numerous add-ons like fog lights and headlight eyelids are easy fix. Modified motor has lots of chrome bits and a period Judson supercharger. Clean interior is two-toned and has an added five-gauge package. Cond: 2. SOLD AT $52,800. Clearly not my stein of beer. Call me a purist, but I'd rather have one as it came from the factory than one that had been magnetized and driven through der J.C. Vitney store. Obviously, at least two other people disagreed with my assessment, but I assume the seller was buying wiener schnitzel for everyone all weekend long as he danced in his lederhosen. #57-1965 PORSCHE 356 SC cabriolet. removed with a light polish. Excellent top and glass, some gaskets dry and splitted. Beautiful interior has a light patina. Cond: 2-. SOLD AT $352,000. An absolutely market-correct result on a very likable car. It's no longer a show quality vehicle, and a very light recommissioning looks to be in order here. Apart from the disturbing bodywork on the rear quarter, this was the type of collectible that could be passed from one generation to another with diligence and care. #72-1957 PORSCHE 356A 1600 Super Speedster. S/N 83525. Eng. # P810527. Red/tan cloth/tan leather. Odo: 13,171 miles. Well-done paint, excellent brightwork. Panel fit could be better throughout. Body straight and solid, chrome and glass nice. Clean interior, well fitted dash, excellent seats. Cond: 2-. SOLD AT $143,000. With “improvements” S/N 161471. Eng. # P813412. Signal Red/ black cloth/gray leather. Odo: 54,577 miles. List price new for this car was $5,286.50. Paint nice, but not perfect and not completely original. Very good brightwork. Details mostly well done. Engine compartment is well done, but not overdone. Interior clean, seat leather should have a much better fit. Cond: 3+. SOLD AT $176,000. I'd say this sale was a sign of a very strong 356 market, as I didn't think this car would reach its reserve. As a late car, the 1965 356 SCs have quite a following. This car, presented with its original books, tools, and touch-up paint, must have enamored most of the potential purchasers more than it did me. ITALIAN #83-1924 LANCIA LAMBDA Fourth such as a retro-fitted 912 engine with sport exhaust and disc brakes, you could see the purists running for the exits. That aside, I didn't fall in love with the quality of this car to begin with, so let's just say someone spent this kind of money for a driver. #59-1959 VOLKSWAGEN BEETLE convertible. S/N 2227415. Eng. # 2719760. Metallic blue/blue cloth/gray vinyl. Odo: 514 82 Series tourer. S/N 2052. Eng. # 8952. Black/ brown leather. RHD. A long way since restoration, with dings and dents in body. Older paint chipped and scratched. Inside is very original. In need of a full re-do for some potential owners, others would prefer to keep this car in its current state of patina. Cond: 4. SOLD AT $104,500. One family owned since the 1940s. There was quite a bit of interest in this car, and it sold for a hefty chunk over its high estimate of $90,000 once the commission was added. Cond: 1. SOLD AT $2,310,000. Not to date myself, but I clearly remember when these were $10,000 to $15,000 cars in the early '70s. Now that I'm busted, keep in mind I was a kid then and followed prices. We will be a long time picking through the pieces determining how much of this price was Ferrari Lusso and how much was Steve McQueen, but my best guestimate is this way-over-the-$1.2m-high-estimate result was one-third Ferrari and two-thirds McQueen. (Profiled on p. 42.) #73-1969 FERRARI 365 GT 2+2 coupe. S/N 12305. Red/tan leather. Odo: 8,533 km. Decent paint only marred by a few dimples in the driver's side A-pillar. Very good brightwork, although wire wheels show some age and wear. Clean interior nice, excepting sun-bleached Very rare and quite unusual, there were those who appreciated this car for its advanced mechanical aspects, as well as others who liked it for its history. Well sold. TOP 10 No. 9 #62-1963 FERRARI 250 GT/L Lusso berlinetta. S/N 4891. Eng. # 4891. Marrone Metallizzato/beige leather. Coachwork by Scaglietti. Purchased new by actor Steve McQueen. An excellent representation of how nice a Lusso can look; in my humble opinion, it's much nicer than it was when new. Near flawless presentation, excellent paint, chrome, brightwork, underhood, and interior. If you need a benchmark car for your #1, this is it. wood to the dash. Cond: 3. SOLD AT $99,000. Anything with a V12 in the front is desirable these days, as long as it has the Prancing Horse on the hood. The 365 GT 2+2s fall into Sports Car Market

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Why Not Buy Smart? In the past few years, Corvettes have gone from being everyday drivers to highly collectible American classics. But with the huge number built, and the variety of options with which they were available, knowing what to buy and how much to pay is critically important. Keith Martin has augmented his top-flight SCM staff with a well-known group of Corvette experts to bring you over 100 information-packed pages in every issue of Corvette Market. The incisive, take-no-prisoners approach to auction reports you expect from SCM continues in Corvette Market, with more than 100 Corvettes examined first-hand in each issue. Exclusive to Corvette Market is an industry roundtable, where top dealers, collectors, and auction company principals give their opinions and advice on what is really going on in the market. You'll find out if C1s have finished their run, or if they are still gathering strength. What is the real price differential for factory fuelies? How much more should you pay for a car with documentation, and more... Corvette Market Keith Martin's The Corvette-lover's guide to collecting, investing, values, and trends Subscribe online at www.vettemarket.com Subscribe Today! One Year Corvette Market (4 issues), plus monthly Corvette Insider's email newsletter, $29.95. UPGRADE to CORVETTE MARKET PLUS - one year Corvette Market magazine, monthly email newsletter, and unlimited access to the Corvette Market Plus online database of over 2,000 Corvette auction results, plus rapid emailed results of collector car auctions, all for just $48. Subscribe online at www.vettemarket.com or call 1.800.810.7457 First Issue Now Available!

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Christie's Monterey, CA Column Author that category, despite having exactly two seats too many to be a tier one collectible. AMERICAN #33-1910 BUICK MODEL 10 Toy ton- neau. S/N FZ224. Eng. # 20076. White/white leather. RHD. Older restoration seems very complete and serviceable. Thick paint cracking in places, displayed with one tire off rim. Detail work on chassis still nice, very good brass is museum stored car. An interesting and handsome example, but not your everyday L29 (if there was such a thing). One can assume that with some sorting, this will be fully on the road soon. Once its running status and history are updated, it will be worth quite a bit more than the price paid here. in need of a polish. Leather quite nice overall. Cond: 3 -. SOLD AT $35,200. A pretty good deal on a usable if not too powerful Brass Era car. This “toy tonneau” was a full sized car but done to a 3/4-style scale; it's what we might call a compact. In all white including the tires, it made quite an impact. Well bought. #36-1910 FORD MODEL T fire tender. S/N 22837. Eng. # 12515. Red/red vinyl. Cute, mini-fire truck be thy name. Older restoration shows no reason to touch it, as it looks great even with the chips and scratches displayed. Lots of brass present, and most could stand a polish. Some cars have all the bells and whistles, this one has the bells and sirens. Seat vinyl is mismatched, all else will pass. Cond: 4+. SOLD AT $33,000. Had I been the high #89-1930 DUESENBERG J Berline convertible. S/N 2380. Eng. # J362. Maroon & black/black cloth/maroon leather. Coachwork by LeBaron. Stunning paintwork, excellent chrome, fully detailed down to the chassis. Among those rare cars that when scrutinized and fully accessed are extremely difficult to fault. CCCA Senior Premier certified, one of two examples known to survive in this $80,000 and $160,000 on this fresh-from-amuseum car. There was lots of pre-sale activity, as it's hard to ignore a '30s Cadillac V12 roadster in red. Sale price was appropriate for its condition. It was no bargain, but it wasn't overpriced, either—on the Goldilocks scale, this one was just right. #54-1931 CADILLAC V16 roadster. Eng. # 702368. Maroon/black canvas/gray leather. Odo: 499 miles. Restoration does not appear to have any age wear, and the AACA Junior Badge from 2004 agrees. Excellent paint and brightwork, interior shows one or two places where glue is visible. The balance of the interior is spot-on. Very nice overall. Cond: 2+. SOLD AT $275,000. This car has replica coachwork to correct factory style according to the catalog, and it looked pretty good to me as well. The V16s are the undisputed big dogs in the early Cadillac line, and this car was well bought at its low estimate plus the buyer's fee. #42-1936 AUBURN 852 STRAIGHT configuration. Cond: 1. SOLD AT $902,000. First seen at Kruse Auburn in September '98, where it sold at $456,750 (SCM# 2538), later seen again at RM Amelia Island in March '99, where it didn't sell at $540,000 (SCM# 2380). Because of a glut of Duesenberg cars on the market for the past ten years, it had seemed as if their values were in a perpetual state of stagnation. Some experts will tell you that the only cars brought to market were lesser cars with stories. If anyone needs official notice that the Duesenberg market is back, here it is. #38-1931 CADILLAC V12 roadster. S/N bidder here, I'd spend money on new seat coverings and nothing else. Since it's a Model T, even though it hadn't been run in many years, it will likely fire up after just a few hours of recommissioning. Not original and likely not correct, but who cares? Lots of fun for little money. #35-1929 CORD L29 cabriolet. Eng. # FDA1282. Black/red/black cloth/red leather. A few chips and divots to generally good paint, brightwork is very nice but no longer show quality. Some of the interior hardware is off, including door handles and window cranks—possibly missing, maybe just removed and stored. Cond: 3. SOLD AT $165,000. A 84 104781. Eng. # 1004534. Red/tan cloth/beige leather. Odo: 21,887 miles. Coachwork by Fleetwood. A rumble seat roadster with a golf club door, detached trunk, and side mounts. In red with tan leather, this is a '30s car with just about all the visual cues. Very good paint shows no flaws worth noting. Excellent brightwork, well fitted leather. Cond: 2-. SOLD AT $187,000. The pre-sale estimate was between EIGHT Supercharged boattail speedster. S/N 85234631E. Eng. # GH4742. Turquoise/beige leather. Odo: 44,497 miles. A much older restoration still showing signs of a quality job. Now a great driver, but no longer in show condition. Pre-auction interest included a number of well informed clients inspecting almost every inch of this iconic American Classic. Nice paint, decent chrome and trim, clean engine compartment. Cond: 3+. SOLD AT $423,500. Sold for well above what many of the pundits thought it should bring. When the dust settled, it wasn't far from the high estimate. I understand the interest, as boattail speedsters rarely come to market, and while I liked the unusual exterior color, my guess is this car will be wearing a different shade by this time next year. #50-1936 PACKARD V12 speedster. Eng. # 904080. Black & green/green leather. Odo: 82,196 miles. Some chips and a few light scratches to otherwise excellent paint. Very Sports Car Market

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Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best 2008 Audi TT Coupe 3.2 S-tronic quattro good brightwork, nice glass. Even the runningboard is teardrop shaped, a bit too much for me when combined with modified paint. Broken light to the front likely done during transport. Excellent leather, nice dash, carpets shows some stains. The Fernandez + Darrin Paris badge is, we can assume, an add-on. Cond: 2-. SOLD AT $346,500. A rebody in the style of an Auburn boattail speedster. Lots of flash and modern interpretations of in-period styling. Let's hope the new buyer paid for this with his fun money and not out of his investment account. #77-1949 CHRYSLER TOWN & COUNTRY convertible. S/N 7410049. Eng. # C4614881. Thunder Gray & Di-Noc Wood/ beige leather & tan cloth. Odo: 26,516 miles. Original paint thin and shows wear through in places. Recently redone wood, chrome decent throughout. This car follows through in all departments, with a nice interior that shows some slight wear. Cond: 3+. SOLD AT $99,000. Others, armed with the knowledge of the recent $495,000 sale of a '53 Eldorado at RM's sale of the McMullen Collection in June (SCM# 45550), might count this as a true bargain. #44-1953 CADILLAC ELDORADO convertible. S/N 5366284624. Red/black/red leather. Odo: 38,445 miles. 331-ci V8, 4-bbl, auto. Excellent paint excepting a large divot in the hood where chrome hood ornament hit when it was pried off in shipping. Some other chips can be found, rear bumper bullets missing. Panel gaps varied, with poor door fit to Price as tested: $48,020 Likes: Understated cool. 250 hp is plenty. AWD, rock solid handling, enormous brakes. Comfortable front seats, simple dash controls, Bose stereo. Good visibility (Jaguar XKR could learn a lesson here), square steering wheel and automatic rear spoiler fun touches. Gripes: Tire pressure monitor already acting up, bodes ill for electronic future. Center info panel intrusive. “Padded cell” back seat pointless. Automatic transmission (whatever you call it) will be a hard resale outside of Sun City. Recently seen at Christie's Greenwich sale in June, where it was a no-sale at $70,000 (SCM# 45522). Seen again at Kensington's Bridgehampton sale later that month, where it didn't sell at $67,500 (SCM# 45986). As I reported at Greenwich, “it's no surprise this car didn't find a new home here at $70,000, as it was worth more than that.” We now know how much more—to the tune of $29,000. The seller was correct in not letting this car go earlier, which is something that is not often true. #39-1953 CADILLAC ELDORADO convertible. S/N 536282229. White/white vinyl/white vinyl. Odo: 30,601 miles. Triple white with parade boot. A few chips and scrapes to the paint, all of which appear to be the result of poor handling. Trunk lid chipped behind Continental-style spare. Underhood is excellent but dusty, trunk carpet has one yellow stain. Interior shows well. Excellent leather, carpets protected by plastic. Cond: 2. SOLD AT $121,000. Another one straight out of the museum, it was restored relatively well prior to storage. Fit and finish issues from the restoration remained, and those combined with the damage and questions about running and driving conditions should have made this a sub-$100,000 car in many people's minds. November 2007 the driver's side. Very nice leather to the seats, excellent dash and carpets. Cond: 3-. SOLD AT $104,500. As '50s cars continue to come on strong, the '53 Eldorado is a collector's piece that many want and few can have because of its limited production. It's also a car that can break a millionaire in restoration costs. This car had plenty of needs apart from its recent damage. Not cheap, but worth it to the collector who needs to bag one in any condition. #46-1953 BUICK SKYLARK convert- ible. S/N 534767SX. Jade Green/white vinyl/white & red vinyl. Odo: 39,042 miles. 322-ci V8, 4-bbl, auto. An older restoration with some flaws, including several dents and dings and light wear. Much older top is dirty and discolored, which seems to bring down the quality of the car in general. Older vinyl interior also does nothing to help this car's value. Cond: 4+. SOLD AT $93,500. This would be typical of the restoration you might find in the late 1960s, and its quality is much poorer than what is expected today. That said, the hidden Price as tested: $106,870 Likes: 500 hp turns addictive at 4,500 rpm. Efficient 6-speed. “M” button a one-touch afterburner. Slick, comfortable cabin (once you're in) with excellent driving ergonomics, decent visibilty. Gripes: Bloated exterior proportions—this is a giant car. Wimpy exhaust note for what's behind it. Ingress and egress take practice and sustained momentum; rear seats are a joke. Fun to drive: HHHH Fun to look at: HHH Overall experience: HHH Verdict: Our Alpine White test car reminded me of a “Star Wars” Storm Trooper—snarling and mean—but I wouldn't want to live with it on a daily basis. It's incredibly fast, yes, but so big on the outside and so small on the inside that I found myself wishing we had back our M5 test ride.—Stefan Lombard ♦ 85 Fun to drive: HHH Fun to look at: HHH Overall experience: HHH Verdict: Not the icon it was. Mechanical miscegenation. Wide nose mimics Nissan 350Z, curved tail morphs Porsche Cayman. Maybe a better car, but not a more iconic one. The original is a tough act to follow, after all.—Paul Duchene 2007 BMW M6 Coupe

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Christie's Monterey, CA Column Author bonus on this car might be its horn button. In '53 Skylarks, they all read “customized for,” and this one said “A.P. Hitchcock”; so this could be director Alfred Hitchcock's former ride. If your hypothesis is that a #1 '53 Skylark is worth $375,000, this was likely a good buy. #47-1953 BUICK SKYLARK convert- ible. S/N 534789SX. Blue/blue & white vinyl. 322-ci V8, 4-bbl, auto. If it were any other year, this would be nothing more than a parts car. Every panel has been hit or bumped, paint appears to have been done with a brush. Floor is rotted through, chrome and trim rough. '50s, and this vintage example looked more like an Indy car than the Sprint cars of today. At just over $30,000, this Offy-powered Sprint would be worth the money as a conversation piece to many collectors. Well bought and sold. Missing parts. About as bad as they get. Cond: 5. SOLD AT $20,900. The 1953 Buick Skylark is well known as one of the Motorama cars, but this one was more of a Roach-o-rama. It was one of the more expensive parts cars I've seen, but I won't call this car poorly bought; if the buyer knows what he is doing and is adept at turning a sow's ear into a silk purse, more power to him. #81-1955 FORD THUNDERBIRD convertible. S/N P5FHZ06802. Torch Red/white soft top & red hard top/red & white vinyl. Odo: 58,005 miles. 292-ci V8, 4-bbl, auto. An older top quality restoration now showing some light needs. Paint and brightwork nice. Windshield shows some scratching, some chrome trim loose. Underhood is clean and has correct-style #34-1957 CHEVROLET CORVETTE convertible. S/N E57S105626. Eng. # F424EGVC. Red/red vinyl. Odo: 9,332 miles. 283-ci V8, 2x4-bbl, 4-sp. A high quality restoration now in need of some recommissioning. Excellent paint, chrome has only light surface pitting. Good exterior details down to originalstyle T-3 headlights. Nice carpets, well-fitted seats could stand some cleaning. Listed as Corvette brought right about what it should have had it been a proven runner. #40-1960 CHEVROLET CORVETTE convertible. S/N 00867S107050. Eng. # H0413DG. Silver/black/red vinyl. Odo: 5 miles. 283-ci V8, 2x4-bbl, 4-sp. Very good to excellent quality restoration, unused since. One two-inch long scrape visible to driver's fender top, bodywork lumpy on lower rear passenger stamps and tags. Interior nice, with good vinyl seats and an excellent dash. Cond: 3+. SOLD AT $46,200. The '55, '56 and '57 T-Birds have not been setting the world on fire with price increases recently. With their 6-volt electrical system and 292-ci motor, the '55s have a tougher time in the marketplace. This was a nice example and likely a good driver, and the price was market correct. #74-1955 OFFENHAUSER-POWERED SPRINT CAR racer. Eng. # 60. White & dark red/red vinyl. A typical race car restoration, with lots of flaws but a good look overall. Brightwork polished, paint shows a few scratches. Some post-restoration use evident, but not a lot of wear showing. Cond: 3. SOLD AT $31,900. Sprint cars have changed dramatically since the 86 a 265-ci V8 in the catalog, but the numbers decode to a 283-ci V8, which is correct for the year. Cond: 2-. SOLD AT $60,500. A museum-stored car with some questions as to its running condition. Not a bad opportunity if the mechanicals don't pose a problem, but really not much of a gamble. Recommissioning a fully restored Corvette after a period of sitting might prove expensive, but it's not impossible. The lucky new owner might change fluids and have a running example, the unlucky one might be facing a full engine rebuild on top of replacing a number of parts. Either way, this was not a bad buy. #37-1959 CHEVROLET CORVETTE convertible. S/N J59S103671. Eng. # F0524EB. Light metallic blue/blue/blue vinyl. Odo: 2 miles. 283-ci 230-hp V8, 2x4-bbl, 4-sp. Very good paint shows only one dimple in rear quarter. Door fit inconsistent, hood gaps tight in places. Excellent brightwork, good glass, nice window rubber. Tail turn signal and trim bits all still clear, with no fogging or pitting. Older carpets and weathered older vinyl need addressing: they are still good, but could easily be better. Engine compartment spotless and unused. Cond: 3+. SOLD AT $66,000. Museum stored. Again, whether this car will run and stop remains a question, as it was fully restored and then put in storage. In #3+ condition, this fender. Very good brightwork, Coker Classic tires have yellowed whitewalls. Inside is tidy but not fresh, with no real issues. Cond: 3+. SOLD AT $60,500. I'm assuming that your local airbrush Michaelangelo can take care of that scrape, but that leaves the bodywork issue unresolved. At this price, driving and enjoying would be a good bet. If all the fuel and brake lines were still good, someone got a bargain. #48-1960 CHEVROLET CORVETTE convertible. S/N 00867S100662. Eng. # F0802CU. White/white/red vinyl. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Excellent paint is only marred by two small divots on the door and trunk. Excellent brightwork, interior and underhood are tidy. Not perfect, but nice overall. Cond: 2. SOLD AT $66,000. A museum car, again one that hasn't run in many years. A bit of a roll of the dice here, but for those adept at bringing restored cars that have been sitting back to life, a potential $20,000–$30,000 payday just might await.♦ Sports Car Market

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RM Auctions Monterey, CA Column Author Monterey Sports and Classic Car Auction RM promoted its top-tier consignments with its usual flair and expertise, and this year saw some excellent results because of it Company RM Auctions Date August 17–18, 2007 Location Monterey, CA Auctioneer Peter Bainbridge Automotive lots sold / offered 178 / 192 Sales rate 93% Sales total $46,754,350 High sale 1959 Ferrari 250 GT LWB California Spyder Competizione, sold at $4,950,000 Ready for road or track, Aston DB4 GT hammered down at $1.65m. Report and photos by Carl Bomstead Market opinions in italics B y most any criteria, a two-day auction with a 93% sell-through rate and a final total of almost $47m would be described as a smashing success. And RM's sale undoubtedly was, with numbers up nearly $4m from last year's $42.8m result and 91% sold. However, it's hard to ignore the fact that across the peninsula RM's main rival in this segment of the collector car market, Gooding & Company, pulled in $61 million in its first two-day Pebble Beach event. Still, RM presented a diverse selection of automobiles and sold them in its standard professional manner. Situated at the Portola Plaza Hotel right across the street from the Monterey Marriott and Russo and Steele's auction, the company offered motorcycles, hot rods, customs, Trans Am racers, early Brass cars, and rail dragsters, along with just about everything in between. Nine cars joined the million-dollar club, not including the Mercedes-Benz CLK GTR that went home with its seller at a $1.2m bid. A 1959 Ferrari LWB California Spyder was the high sale of the event and the entire weekend, selling at close to $5m. The famed Mae West SJ Duesenberg was not far behind, bringing a full $4.4m. A spectacular 1933 Delage D8S deVillars convertible raised $3.7m, while the 1964 Dodge Hemi Charger concept car sold at an expensive $1.1m. A factory lightweight 1961 Aston Martin DB4 GT 88 Sales Percentage 100% 80% 60% 40% 20% 2007 2006 2005 2004 2003 2002 2001 2000 originally intended for use at Sebring sold at a correct $1.65m. A Customs glitch meant it wasn't released until after the race, and it never saw action. A Dual Ghia that was stated to have been the recent recipient of a complete restoration sold for $247,000, even though in the bright Monterey sunlight, some poor blending of color on a door was easy to spot, hinting at possible issues. With the exception of the historically significant 1932 Ford Khougaz Lakes Roadster, hot rods, dragsters, and customs failed to excite the bidding audience, and most sold at under their low estimates. One can only speculate if the estimates were too aggressive, or perhaps this segment of the market was just not interested in spending money this weekend. One of the more interesting lots offered in this category was the Heb Rod, a 1957 Volkswagen Beetle that had been converted into a Hiboy-style hot rod. It featured many vintage Ford parts as well as original Volkswagen components, and although originally estimated at $80k–$100k, it found new ownership at just $47,000. The David Uihlein Collection was offered here, including several significant and historic Indy racers as well as a 1933 Alfa Romeo 8C 2300 Monza spyder replica, which sold at $907,500. RM promoted its high-end consignments with its usual flair and expertise, and this year saw some outstanding results because of it. However, cars priced at less than $200k had more trouble finding new homes here, and if there is any place RM can improve its Monterey event in the future, it'll be in that segment of the market. ♦ Sports Car Market Buyer's premium 10% (included in sold prices)

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RM Auctions Monterey, CA Column Author ENGLISH #573-1930 ROLLS-ROYCE PHANTOM II speedster. S/N 23GN. Eng. # AH35. Black/ red leather. RHD. Odo: 60,930 miles. The only two-place speedster built by Hooper. Awarded Lucius Beebe Award at 1997 Pebble Beach Concours. Maintained in excellent condition, but paint shows some chips and polish swirls. Excellent brightwork, dual spares, history very presentable, with only minor swirl marks noted. Correct tool roll and jack, top slightly weathered. Cond: 2-. SOLD AT $77,000. Last seen at Kensington's Bridgehampton sale in June '05, where it sold at $79,200 (SCM# 38577). Price paid was a bit on the high side considering the items that were not touched during the restoration. XKs of all flavors continue to be desirable, so with a little work, the new buyer will be just fine. #520-1953 NASH-HEALEY roadster. known from new. Cond: 2. SOLD AT $627,000. First seen at Christie's London in November '87, where it sold at $57,200 (SCM# 14064). Later seen at The Auction's Las Vegas sale in October '96, where it didn't sell at $190,000 (SCM# 12422). A significant Phantom II with desirable coachwork and provenance. The price paid was a bit on the light side, and hopefully the new owner will use this striking car as much as the seller did. #584-1939 LAGONDA RAPIDE Tulipwood tourer. S/N 14095. Tulipwood/maroon leather. RHD. Odo: 38,772 miles. Nine boattail racing Rapides were built, and one was thought to have been fitted with a wood body similar to to the one sold here. Striking styling, maintained in exceptional condition. Claimed recent mechanical service completed. Stated in the catalog to have possibly once sold for $1,200,000. Cond: 1-. S/N N2360. Red/black leather. Odo: 54,932 miles. A collaboration between Nash president George Mason and Donald Healey, with Pinin Farina styling and final assembly. Restored a few years ago and presented at Pebble Beach in 2005. Well maintained with only a few minor #557-1961 ASTON MARTIN DB4 GT coupe. S/N DB4GT0168L. Eng. # 370/0168/ GT. Peony Red/black leather. Odo: 56,605 miles. One of two factory-built LHD DB4 GT lightweights. Designed to compete with Ferrari 250 GTs. Numbers match, build sheet confirms equipment. Restored '01-'02 as road and track car, with recent track activity. Shows minor signs of use, with several marks to paint and brightwork. Complete with VSCCA log book. Cond: 2+. SOLD AT $1,650,000. Intended to run at Sebring in 1961 with Bob Grossman, among others, at the wheel, but held by U.S. Customs until after the race. Subsequently sold at Inskip's in New York as a street car. History from new plus elegant styling equaled serious money here, and the price paid was not unreasonable. #552-1994 JAGUAR XJ 220 coupe. S/N SAJJEAEX8AX220651. Le Mans Blue/black leather. Odo: 1,108 miles. Very appealing design with a supercharged V6 engine. Capable of 0–60 in just over four seconds, with a top speed of 220 mph. This example has been well maintained paint and brightwork issues. Cond: 2. SOLD AT $231,000. This seller had to be one of the happiest guys in Monterey. This Nash-Healey sold for more than the going rate, as two strongwilled bidders would not be denied. I would guess that the underbidder was also pleased he had enough sense to put his bidding paddle down. Very well sold. #211-1953 MG TD roadster. S/N TD19769. Red/black fabric/black vinyl. Odo: 78,340 miles. Recently repainted to a decent standard. New interior, brightwork, seals, and chrome wires. Door fit off at bottom on both sides, hood misaligned. A nice example of a TD roadster, but nothing SOLD AT $451,000. First seen at Sotheby's London in June 1981, where it sold as a saloon at $28,818 (SCM# 15752). Later seen at Cole/Kruse Newport Beach, where it sold at $218,400 wearing a replica tulipwood body (SCM# 17244). Last seen at Cole's Monterey sale in August '96, where it sold at $180,200 (SCM# 8743). A striking styling excercise that was completed to the highest standards. With only recent history, however, it can only be displayed in limited circles. A decent buy at just over the low estimate of $400k. #517-1951 JAGUAR XK 120 roadster. S/N 671349. Eng. # W33518. Purple/red leather. Odo: 2,094 miles. Recent frame-off restoration shows wear. Brightwork pitted, disc wheels and spats fitted rather than wires and knockoffs. Paint 90 and is in original condition with no issues whatsoever. Cond: 2. SOLD AT $220,000. Last seen at Kruse Seaside in August '04, where it sold at $167,400 (SCM# 34809). Excellent condition paid off here, as examples of this dated supercar have been selling for under $200k of late. Well sold. FRENCH TOP 10 No. 5 #576-1933 DELAGE D8S Coupe roadster. S/N 38021. Eng. # 107. White/ white/green leather. RHD. Odo: 51 km. One-off coachwork by deVillars. Presented at special. Cond: 3. SOLD AT $22,000. This illustrates the problems with selling a lower-tier car at an auction full of high-end cars. No one, except maybe the dealers, paid much attention to this lower-end stuff, and this was in no way a bad car. A market price for condition. Sports Car Market

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RM Auctions Monterey, CA Column Author the 1933 Salon de Paris. Stored in the late '50s for over 40 years, and restored to original configuration several years ago. One minor blemish to brightwork visible, engine bay clean and well detailed. Spectacular car with known ownership since new. Cond: 1-. SOLD AT $3,740,000. One of the stars of the weekend. It had striking styling and could go from 0–60 in 15 seconds, which was faster than a supercharged Bentley of the era. Expensive by most standards, but the value was here, so I doubt the buyer is looking back. #549-1936 DELAGE D8-120 Aerosport coupe. S/N 51012. Eng. # 51012. Ladybird Red/pecan leather. RHD. Odo: 33,209 km. Coachwork by Letourneur & Marchand in a striking aerodynamic design. The first Aerosport built. Presented at the 1937 Salon Paris, restored to original configuration with original coachwork and engine. Two owners throughout most of its #564-1950 TALBOT-LAGO T26 GRAND SPORT coupe. S/N T10151. Sea Green/green leather. RHD. Odo: 6,591 km. Teardrop stying by Saoutchik on a 104-inch wheelbase, recent body-off restoration in Europe. Wilson pre-select gearbox, rear wheel covers. Acceptable paint but it's getting more and more expensive if you want to buy one. This one was nice all over, but the new owner paid a hefty price. #578-1998 MERCEDES-BENZ CLK and interior show only a few minor use-related issues. Ex-Rosso Bianco Collection. Cond: 2+. NOT SOLD AT $535,000. Attractive styling from every angle. I was surprised there was not more interest in this car, as it was well-presented and very striking. Can't say as I would have let it go for the amount bid, so the seller was right to hang on to it for another day. GERMAN TOP 10 No. 8 existence. Engine bay refurbished with original wiring, headliner and wood untouched since new. Cond: 1-. SOLD AT $1,705,000. What more could you ask for? This car had design, provenance, and rarity. One of a handful of period coupes that justify a value at this level. It attracted crowds when presented in 1937, and 70 years later it still will. A fair price for the star of even the most exclusive of concours. #555-1937 BUGATTI TYPE 57 Ventoux coupe. S/N 57614. Eng. # 429. Oxblood/tan leather. RHD. Odo: 44,518 km. Designed by Jean Bugatti and named after a mountain peak in the Alps. Recent restoration to reasonable standard, long term question on engine number resolved with 429 being correct and original. Paint thick in places, chipped and worn in others. Window trim tarnished. Cond: 3. SOLD AT $412,500. #554-1937 MERCEDES-BENZ 540K Special roadster. S/N 154080. Red/tan leather. RHD. Odo: 34,421 km. Coachwork by Mayfair Carriage Co, with extensive use of louvers throughout. Skirted rear fenders with bright accents a nice touch. Once part of the Engelstad Collection and re-restored to concours condition at that time. Striking wood and pearl dash, excellent interior rare and wicked quick sports racing machine. Cond: 1-. NOT SOLD AT $1,200,000. What do you do with yesterday's supercar? Too new for vintage racing, and nine-year-old technology won't keep up with the top dogs today. The seller wanted more, but this was likely top dollar in the current market—if this crowd won't spend the money, no one will. ITALIAN #547-1933 ALFA ROMEO 8C 2300 Replica and engine compartment. An over the top design that does not appeal to all. Cond: 2+. SOLD AT $2,530,000. Far from a record price for a 540K. This was extreme styling on a car that is striking even in more conservative livery— which might suggest why bidding did not top the $3m mark here. A fair deal for both parties. #559-1955 MERCEDES-BENZ 300SL Last seen at Bonhams Carmel in August '06, where it didn't sell at $250,000 (SCM# 42705). Color changed from tan and brown sometime since. Not the most striking of T57s, but not the most expemsive either. A decent buy, as it sold for a bit below the low estimate. If the catalog description of this car's mechanical condition was correct, the buyer bought an excellent touring car. 92 Gullwing coupe. S/N 1980405500409. Eng. # 1989805500407. Silver Gray Metallic/blue leather. Odo: 66 miles. Original build sheet, numbers match. Interior changed to blue leather from original vinyl with plaid inserts. Full set of luggage and new Rudge wheels fitted. Excellent fit and finish to the exterior, complete down to the belly pans. A no-questions example. Cond: 1-. SOLD AT $726,000. These have been the ticket-to-ride of late. A year ago, $500k was the number, so who knows where they'll be this time next year. It's money in the bank if you own one, Monza spyder. S/N 2211083. Red/brown leather. RHD. Desirable and attractive body recreated by talented craftsmen on an original four-seat chassis. Original engine complete with Roots type blower and dual-choke carburetor. Nice paint to body, chassis, and wheels. GTR AMG Super Sport coupe. S/N WDB2973971Y000012. Silver/black leather. Odo: 630 miles. One of 25 produced, per FIA regulations, for GT1 class racing. One of two modified by H.W.A. GmbH, AMG's sister company. Maintained in excellent original condition, with nearly no wear noted anywhere. A From the Uihlein Collection. Cond: 2. SOLD AT $907,500. Last seen at RM's Monterey sale in August '01, where it didn't sell at $680,000 (SCM# 23216). Close to a million bucks for a Sports Car Market

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replica-bodied Alfa? This sale shows the appeal of the 8C package. With real Monzas almost unobtainium, this may be your only way to get close. The final price was a little aggressive. #590-1951 FERRARI 195 INTER berlinetta. S/N 0081S. Metal/tan fabric & leather. RHD. Odo: 33,724 km. Complete history from new. Coachwork by Touring. Correct numbersmatching body, chassis, engine, and transmission. Body stripped to bare metal, engine rebuilt. Original interior disassembled, but largely Maranello sale in June '05, where it didn't sell at $1,300,000 (SCM# 38673). Complete with an impressive list of show results as well as features in numerous publications, this car showed elegant proportions and flowing contours on top of having significant racing history. This sale price was on the money. #570-1955 LANCIA AURELIA B24S America spyder. S/N B34S1131. Navy Blue/ red leather. Odo: 27,784 miles. Fitted with the Nardi package. Only 159 were claimed to be built by the factory, and around 20 were lost in the sinking of the Andrea Doria. Borrani center lock wheels. Paint checking and showing minor present. Most trim pieces and build sheets included with car. The 1951 Turin Auto Show car, and the first 195 Inter built. Cond: 4. SOLD AT $429,000. Most of the heavy lifting had already been done, so all that was left was paint, brightwork, interior, and final assembly. If this can be accomplished for a reasonable amount, the buyer will be just fine... and even if not, he'll still own an exciting and rare Ferrari. #582-1953 FERRARI 212 INTER coupe. S/N 0275EU. Green & black/black leather. RHD. Odo: 46,260 km. Coachwork by Vignale. Known as the Geneva Coupe, this was the first of six examples built in this style. Very original, with decent repaint showing some minor wear chips, body appears solid. Nice interior well fitted in leather. Cond: 3. SOLD AT $550,000. It's a rare occurence to find one of these offered for public sale. The last one recorded in the SCM database brought $297,360 at Bonhams Monte Carlo in May '05 (SCM# 38555), so it's safe to say this was a strong car at a strong price. #265-1957 ALFA ROMEO SPIDER Veloce racer. S/N AR149502646. Red/red fabric. Odo: 46,802. One of 24 race cars built for factory-backed racing, and the only one with its original tonneau cover. Race-tuned Veloce engine, alloy panels. Won numerous SCCA races. Recent restoration with modern fuel cell and numerous chips. Interior window moldings deteriorating, leather seats nice. Original engine block available to the winning bidder at $35,000. Cond: 3. SOLD AT $495,000. A Ferarri that will attract all kinds of attention due to its styling and color combination. Sold at the low end of the estimates, but at a price that was fair for all involved. #571-1955 FERRARI 750 Monza spyder. S/N 0502M. Eng. # 0502M. Red/black leather. RHD. Coachwork by Scaglietti. The only Monza completed without a headrest fairing, special ordered to avoid the attention of L.A. police when driven on the street. Raced in California with success in early '50s, converted to Corvette power in the early '60s. Restored in Modena to factory specifications with its original engine. Ferrari Classiche certification. Cond: 2+. SOLD AT $1,540,000. Last seen at Sotheby's November 2007 and braided lines. Little to fault. Cond: 2. SOLD AT $99,000. A race-ready entrant that would be fun on the Copperstate or the California Mille. Also eligible for the Mille Miglia. Price looks like a bargain considering all the potential for fun ahead. #296-1957 FIAT 1100 Turismo Veloce coupe. S/N 103TV098941. Dark blue/blue & cream leather. Odo: 68,041 miles. Built by Pininfarina from 1954 to 1957, with only 126 coupes stated to have been produced. Older Museum Spotlight Larz Anderson Auto Museum by Jennifer Davis-Shockley T he Larz Anderson Auto Museum in Brookline, Massachusetts, is America's oldest car museum. Built in 1888, the museum is modeled after the French Chateau de Chaumont-Sur-Loire and originally served as the carriage house of Larz and Isabel Anderson. The Andersons had a passion for cars and between them acquired 32 in their lifetimes. The museum got its start from the couple's Sunday tradition of opening the doors to their carriage house so that friends and family could marvel at their ever-growing collection of American and European cars. Their very first car, an 1899 Winton 4-hp runabout, is still on display. Following Isabel's death in 1948, the car- riage house was given to the Veteran Motor Car Association of America, which opened it as a museum. The land was donated to the city of Brookline. Today, the museum offers children's programs, walking tours of the grounds, and exhibits on the Andersons themselves. Unique The museum is located on the Larz Anderson Park, which is open to the public. Visitors can not only see beautiful cars, but also enjoy the park, which has barbeque pits, walking paths, an ice rink in the winter, and a picturesque view of the Boston skyline. Where 15 Newton St, Brookline, MA 02445 617.522.6547; www.larzanderson.org What A carriage house on the National Historical Register on 64 acres of the Larz Anderson Park. Fourteen of the Andersons' original vehicles are on display. Hours Tours are available Tuesday through Friday from 10 am to 5 pm and can last from 45 minutes to an hour and a half. Admission Members: Free; Adults, $5; Seniors & kids over 6, $3♦ 93

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RM Auctions Monterey, CA Column Author Cond: 2. SOLD AT $462,000. Earlier Series Is sell for about three times what was paid here. The Series II is not as attractive, especially from the front, and the price paid was in line with the market. All involved should be content. #591-1960 MASERATI 3500 GT spider. restoration. Paint still very presentable, trim worn and scratched. Engine bay detailed. Factory wires fitted. Cond: 3+. SOLD AT $51,700. Attractive styling for the day, but with 0-60 times clocking in at around half a minute and a top speed of about 80 mph, these can't get out of their own way. A cute car, but $50k can buy much more fun. TOP 10 No. 1 #560-1959 FERRARI 250 GT LWB California Competizione spyder. S/N 1451GT. Eng. # 1451GT. Red/tan leather. Odo: 30,930 miles. Coachwork by Scaglietti. An impressive and important car. Delivered to Bob Grossman at Le Mans and raced by him for several years. Older restoration now showing some patina. Originally silver A rising tide has lifted Maserati 3500 GTs of all flavors to previously unheard-of levels. Purchased right at the high estimate, this was a lot of money compared to the sale of a 1958 3500 GT coupe that brought $104,018 in May at the Bonhams Monte Carlo sale (SCM# 45697). Granted, a spider will always have more appeal and will sell for more, and this one had all the desirable options, but it was still very well sold. #567-1961 GHIA L 6.4 Concept coupe. S/N over black, newer red paint well done. Cold air box off the car. Factory build sheet, alloy body, outside plug engine. Cond: 2+. SOLD AT $4,950,000. Compared to the LWB Cal Spyder at Gooding, this was well bought. It's difficult to call anything well bought at five million dollars, but the Gooding example was a street car with no race history, a steel body, and an inside plug engine. The $495,000 more spent here bought a better story to tell and a better resale value down the road. #556-1959 FERRARI 250 GT Series II cabriolet. S/N 1833GT60. Blue metallic/tan leather. Odo: 27,784 miles. Outside plug engine, disc brakes, and telescopic shocks. A matching numbers example, one of only 202 built. Paint decent, with only a few chips noticed throughout. Borrani wires in excellent shape, other brightwork acceptable. Engine bay not detailed. trim. Well maintained, but far from show condiiton. Cond: 3. SOLD AT $181,500. This car lacked the snap of the Dual Ghia, but it was an interesting piece of automotive history nonetheless. What would this have brought without the Dean Martin name plate on the console? I'm willing to bet about $50k less. Well sold. #568-1963 FERRARI 250 GTL Lusso Speciale coupe. S/N 250GTL4587. Red/black leather. Odo: 144,109 km. Customized by Tom Meade with covered headlights. Owned by the same family for 20 years. Paint and trim in decent condition overall, with age showing throughout. Interior past patina and into wear and tear. Nice chrome and trim, engine compartment clean and complete. Cond: 3. NOT SOLD 94 Sports Car Market 320. Black/black leather. Odo: 47,252 miles. 383-ci V8, 4-bbl, auto. One of 25 built, originally delivered to Dean Martin. Was to be the follow-up to the Dual Ghia, but at $13,500, the market was limited. Never restored, with original paint, interior, and chrome. Buffer marks on '98, where it sold at $349,650 (SCM# 314) and again in January '99, where it didn't sell at $305,000 (SCM# 9603). Daytonas are at the top of the desirability charts of late, with coupes pushing $400,000 and cut cars about the same. The price paid here was not out of line, but what mechanical demons are lurking due to the low mileage? AMERICAN #537-1907 LOCOMOBILE TYPE E Five Passenger touring. S/N 1250. Red/black/black leather. RHD. Found in a Michigan junkyard during WWII after having been converted into a flatbed truck by its second owner. Restoration finished in 1963, won multiple AACA national Best of Show awards directly thereafter. Still S/N AM1011007. Red/black fabric/black leather. Odo: 77,635 miles. Coachwork by Vignale. Recent restoration of an attractively styled Maserati. Equipped with 5-speed transmission, Borrani wires, front disc brakes. Highly detailed and correct engine compartment shows well. Minor paint chips from use and swirls from polishing. Original instruments display some discoloration. Cond: 2. SOLD AT $275,000. AT $400,000. Does the Meade alteration aid or detract from this car? It's hard to improve on a Lusso, and I felt it detracted from the car and thus the value. I doubt if the seller will find this kind of money again any time soon, so he should have considered taking the money. #550-1973 FERRARI 365 GTS/4 Daytona spyder. S/N 17045. Black/black leather. Odo: 10,805 miles. Number 108 of 122 factory Daytona Spyders built. Recent professional restoration, documented low mileage from new. Brightwork sparkles, paint has a deep luster. Tool roll, books, and records included. Cond: 1-. SOLD AT $1,056,000. First seen at Cole's Monterey sale in August '96, where it didn't sell at $355,000 (SCM# 13251). Later seen at Barrett-Jackson Scottsdale in January

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RM Auctions Monterey, CA presentable throughout. From the Uihlein Collection. Cond: 3. SOLD AT $176,000. 100year-old Type E Locomobiles are not often offered for sale, and with an increasing number of tours and events for Brass Era cars, prices for examples like this continue to escalate. A solid result for both parties. #542-1925 DUESENBERG EIGHT Replica Speedway racer. Yellow/black vinyl. A replica of the 1925 Indy 500 winner, driven by Pete DePaolo with an average speed of 101 mph. Duesenberg countered the forced reduction in cubic inch displacement from 1931, as the car was manufactured very late in 1930. Pilot Ray headlamps, excellent chrome and trim. Paint shows some signs of use, with numerous small chips noticed throughout. From the Uihlein Collection. Cond: 2. SOLD AT $93,500. Lincolns have never brought Packard money, but this sale was way off the mark considering this car's rarity and general condition. It should have brought at least the low estimate of $125k. The buyer got a bargain. #241-1932 FORD HI-BOY Khougaz Lakes roadster. S/N 18155453. Purple/brown leather. Odo: 5,222 miles. Channeled seven inches over the frame, full belly pan fitted for high speed dry-lakes speed competition. Raced at El Mirage in the '40s at speeds of 146 mph. Stored by Khougas for 40 years, then sold and restored over a five-year period. Presented at 2001 Grand by utilizing a supercharger, Recreated here with the only known 3-liter Duesenberg engine. A quality recreation from the Uihlein Collection. Cond: 2. SOLD AT $330,000. Sold well beyond the high estimate of $200,000, but the quality of the project and the rarity of the 3-liter engine justified the final figure here. #543-1925 MILLER 122 Front-Drive racer. Eng. # 18. Red/black leather. Frontdrive race car entered the Indianapolis 500 14 times in period, taking 6th in 1930. Engine and body modified many times, restored back to original configuration in the early Offenhauser engine. Restored and presented at numerous major events. A significant custom restored to high standard with only minor signs of use. Cond: 2. SOLD AT $440,000. Unique and well known, this car has appeared at both Pebble Beach and Amelia Island. Given its condition and history, it was worth every penny paid here. #545-1937 SPARKS BIG SIX racer. Blue/ National Roadster Show, named one of The Best '32 Fords of All Time at the same venue in 2006. Excellent paint, nice panel fit and interior. A strong presentation throughout. Cond: 1-. SOLD AT $385,000. Blew past the high estimate of $125,000, finally selling for three times that number. Period hot rods are solid property, and this one was well documented and properly restored. Strong, but not silly money. TOP 10 No. 4 '90s. Wonderful body work. Engine clean and detailed. From the Uihlein Collection. Cond: 2+. SOLD AT $495,000. History comes with a price, and in this case, it was a steep one. Documented as one of two Front Drive Miller cars with race history made the meter run, and the final bid was not unexpected here. #539-1930 LINCOLN MODEL L dual cowl phaeton. S/N 65674. Eng. # 65674. Powder Blue & silver/tan fabric/ tan leather. Odo: 56,958 miles. The only Lockebodied 1930 Lincoln known. Many trim pieces collection. Passenger area finished in Art Deco design with burgundy upholstery. Restored to high standard by RM several years ago. Cond: 1-. SOLD AT $4,400,000. Outrageous Bohman & Schwartz coachwork that you either admire or, well... One of about ten one-off coachwork SJs that still exist. The final hammer price was well over the pre-sale estimates, as two determined bidders were willing to pay what it took to own it. November 2007 95 #569-1935 DUESENBERG SJ Town cabriolet. S/N 2582. Eng. # J553. Black/black ostrich leather. Odo: 1,382 miles. Coachwork by Bohman & Schwartz. Designed for Mae West, but she never took delivery. Bought by Ethel Mars, CEO of Mars Candy Company, at a cost of $20,000. One of 36 factory supercharged cars, once part of Harrah's 1939 configuration. Far from perfect, but very presentable throughout. From the Uihlein Collection. Cond: 3. SOLD AT $121,000. One of few remaining Al Sparks race cars. An interesting piece of Indy 500 history for not a lot of money. Well bought. #513-1949 KAISER VIRGINIAN 4-dr sedan. S/N KM808901. Indian Ceramic/black fabric/black vinyl. Odo: 37,890 miles. Original low-mileage car, cosmetic restoration some years ago. Optioned with radio, clock, heater, and defroster. Quick paint job has some prep issues, as well as chips and swirls throughout. black vinyl. Built by Al Sparks and entered in the 1937 Indy 500 before being sold to playboy Joel Thorne. Engine downsized for 1939 Indy race, body altered several times over the years. Restored many years ago to original #577-1937 KURTIS SPECIAL Tommy Lee speedster. S/N CA498528. Blue/tan leather. Odo: 291 miles. Frank Kurtis supervised Don Lee's LA Coachworks and built this car for Lee's son, Tommy. Based on a 1936 Ford frame with removable Cord fenders and Oldsmobile bumpers, and powered by a 4-cylinder

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RM Auctions Monterey, CA Column Author Door jambs not touched. Cond: 3-. SOLD AT $38,500. At least you would be the only one showing up at the local Show n' Shine in this Kaiser. If there is another one anywhere nearby, it won't be painted this color. Sometimes a car is rare for a reason... no one wanted one, and this was the case here. All the money for an automotive oddity. #518-1955 PACKARD CARIBBEAN convertible. S/N 55881437. White, turquoise, & pearl gray/black fabric/light blue & white leather. Odo: 56,901 miles. 352-ci V8, 2x4-bbl, auto. One of 500 produced. Optional threetone paint in good shape overall. Push-button Ultramatic transmission, optional a/c. Interior engine, and limited production numbers, that makes plenty of sense. In a few years this may well prove to have been a wise purchase. #511-1959 DODGE CUSTOM ROYAL Lancer 2-dr hard top. S/N M354101498. Jade Green & white/green vinyl & fabric. Odo: 41,835 miles. 383-ci V8, 4-bbl, auto. Older restoration shows signs of time and use. Equipped with ps, pb, rear window defrost, deluxe radio, and dual rear speakers. Spinner hubcaps, swivel Correct Halibrand knockoff wheels. A quality restoration. Cond: 1. SOLD AT $1,100,000. Not the most attractive of concept cars that Chrysler produced in the early '60s, and not especially usable, as the chassis and body were not intended for much stress. The Boano Lincoln Indianapolis that sold at Gooding last year for $1,375,000 (SCM# 42595) was a more significant car, and although this was done very well throughout, I consider it well sold. #279-1965 SHELBY GT350 fastback. S/N well fitted, with only minor signs of use evident. Cond: 2. SOLD AT $66,000. A low-mileage, well-presented car that was on the rare side. It should bring a bit more than was bid here, which is the risk of offering a car at no reserve. The buyer did well here. #528-1957 CADILLAC ELDORADO Biarritz convertible. S/N 5762043240. Lake Placid Blue/white canvas/red leather. Odo: 20,167 miles. 365-ci V8, 2x4-bbl, auto. Maintained in acceptable condition. Paint shows minor signs of use, chrome tarnished and oxidized. Fitted with all power options. Nice inside SFM5S069. White & blue/black vinyl. Odo: 41,836 miles. 289-ci V8, 4-bbl, 4-sp. Number 69 of 562 cars built, the 1965 and 1966 SCCA B Production Class winner. Thorough recent restoration to a high standard, with excellent panel fit and paint. Brightwork sparkles, glass and weatherstipping nice. A well-restored Shelby. front bucket seats. Numerous awards to its credit. Cond: 2-. SOLD AT $66,000. Top of the line, but not ordered with Super D500 345-hp engine. Price paid was in line with estimates, but well above most price guides. Still, it will get lots of thumbs-up at the local cruise-ins and drive in shows, so no harm was done here. #599-1961 CHEVROLET CORVETTE convertible. S/N 10867S105784. Beige & white/white/fawn vinyl. Odo: 49,796 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Very recent restoration with only 50 miles covered since completion. Bare-body repaint, all new brightwork, engine completely rebuilt. Little Cond: 1-. NOT SOLD AT $290,000. Original Shelbys are hot property, especially the early cars like this one, and this one should have brought a bid at least to the low estimate of $350,000. The seller was wise to hang on to this car, as it had an excellent overall condition and should be able to bring more in the future. #583-1968 SHELBY GT500 KR convert- and out, but not the high point of Cadillac styling. Cond: 3. SOLD AT $57,200. The Eldorado with its stainless steel roof was the hot Cadillac for '57, and this was a decent car that would be right at home in Palm Springs or West Palm Beach. Not a bargain, but no harm done if the buyer plans to use and enjoy it. #551-1958 DUAL GHIA convertible. S/N 5169. Dark blue/tan fabric/tan leather. Odo: 69,701 miles. 315-ci V8, 4-bbl, auto. Bodied by Ghia on Chrysler chassis and with Chrysler running gear. Number 69 of 117 built, recently restored to high standard. Excellent interior, paint mismatched on door. D500 Red Ram Dodge engine shows well, but could use more detailing. Cond: 2-. SOLD AT $247,500. The Dual Ghia was famous for being owned by celebrities in period, including members of the Rat Pack. Prices for Dual Ghias have been steadily increasing over the past few years, and with attractive styling, a cheap-to-maintain Chrysler 96 ible. S/N 8T03R210309. Lime Green & white/ black fabric/black vinyl. Odo: 14 miles. 428-ci V8, 4-bbl, auto. One of four Lime Green GT500 KR convertibles with a black top and buckets. Recent restoration still shows well, with some to fault here, aside over-restoration in places. Offered without reserve. Cond: 1-. SOLD AT $110,000. A nearly flawless car for less than the cost of restoration. Add in the cost of the car, and the buyer was well ahead of the game. The seller is likely not a happy man, but such is the risk of offering a car at no reserve. #566-1964 DODGE HEMI CHARGER Concept roadster. S/N 64421003030. Red & white/black leather. Odo: 747 miles. 426-ci V8, 4-bbl, auto. Discovered by Joe Bortz, restored by Fran Roxas. One-off factory concept based on a Polara, the first car to wear the Charger name. Slated to have a 426 Hemi at its introduction, but the stock 383 was used due to availability issues. Period Hemi built by John Arruzza as intended by Chrysler, installed by Bortz. chips and marks in paint and several pieces of wavy chrome. Marti report, Carroll Shelby autograph on dash. Cond: 2. SOLD AT $220,000. Price paid here was fastback money. Although this car was not perfect, it still could have sold for another $25k or so and been a decent purchase. Well bought.♦ Sports Car Market

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Gooding & Company Pebble Beach, CA Column Author Driving the Green Gooding doubles its auction length, doubles the cars it sells, from 62 to 122, and triples its income from $21m $61m Company Gooding & Company Date August 18–19, 2007 Location Pebble Beach, CA Auctioneer Charlie Ross Automotive lots sold / offered 122 / 134 Sales rate 91% Sales total $61,350,250 High sale 1931 Bentley 4 1/2 Liter boattail roadster, sold at $4,510,000 Buyer's premium Tom Beatty Belly Tank drylakes racer made $440k Report by Paul Duchene, photos by Jim Pickering Market opinions in italics G ooding & Company has to be considered the big winner among the six Monterey auctions in 2007. The company doubled its auction size from one day to two, doubled the cars it sold, from 62 to 122, and tripled its income from $21,168,400 to $61,350,250. In so doing, David Gooding roared past his previous employer RM Auctions, which had an excellent weekend itself, making $46.7m, up from $42.8m last year. But RM must be agonizing over how Gooding found that extra $40m when compared to last year, including the Richard Solove Collection of nine pre-WWI Rolls-Royce Silver Ghosts, which sold for a total of $12.5 million, as well as the late Greg Garrison Ferrari Collection, which netted $6.71m. In all, Gooding sold 21 cars for more than $1m; one for $2m, one for almost $3m, one for $3.5m, and two for $4.5m each. Heavy metal, indeed. The top seller this year at $4.5m was “The Green Hornet,” a spectacularly original 1931, 4 1/2-liter “Blower” Bentley boattail roadster. From the E. Ann Klein estate, it had a 2/3 person fabric body by Gurney Nutting and a luminous patina. Just a shade behind at $4.5m was a black 1959 Ferrari 250 GT LWB California Spyder with a Pebble Beach prize-winning restoration by David Smith of Medina, Washington. Announced by glossy video, it roared onto the stage to an opening bid of $2m and rapidly doubled that. The $3.5m winner was an 1884 DeDion Bouton et 98 Sales Percentage 100% 80% 60% 40% 20% 2007 2006 2005 2004 2003 2002 2001 2000 Trepardoux dos-a-dos steam car, the oldest running passenger automobile in the world. Headed for the O'Quinn Collection in Houston, it too was preceded by a puffing video, and one has to think top sale of the weekend might have been attainable if seller Tim Moore had been there to talk about the vehicle and maybe drive it across the block. Just behind the DeDion at nearly $3m was the top- selling Rolls-Royce Silver Ghost of Richard Solove, a 1912 Double Pullman limousine. Nicknamed “the Corgi” because it was used as the model of the popular toy, the aristocratic charabanc brought double the price of all but one of its companions. Spirited bidding greeted the most expensive of the Greg Garrison cars, the very last 1973 Ferrari 365 GTS/4 Daytona Spyder, a car with only 80 miles on it. SCMer Simon Kidston stayed in the hunt as the price climbed in $500,000 increments, but he finally bowed out and the car sold at $2m. Oddities included Leo Carillo's 1947 Chrysler Town and Country convertible. It was quite the nicest I've seen, except for the huge stuffed longhorn steer head on the hood, complete with flashing eyes for turn signals. It sold for $165,000. A wonderfully original 1901 Panhard et Levassor rear entrance tonneau showed that eligible Londonto-Brighton cars old enough to get an early starting number and big enough to climb hills are commanding higher prices. It sold for $297,000. For $28,600, bargain hunters could choose between a very presentable 1957 Isetta bubble car or a pretty scary 1971 Alfa Romeo Montreal coupe, which must have been Greg Garrison's fishing car. Gooding certainly had the right mix of consignments for its bidders at this year's event, and although the company is a relative newcomer to the Monterey auction scene with only four years under its belt, the results speak for themselves. ♦ Sports Car Market 10% (included in sold prices)

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Gooding & Company Pebble Beach, CA Column Author ENGLISH #126-1911 ROLLS-ROYCE SILVER GHOST victoria. S/N 1683. Eng. # 1680. Black/blue/black/red leather. RHD. One of eight RRs ordered by the Indian government for the 1910 Durbar celebration of the coronation of George V as Emperor of India. Originally a LWB Thrupp & Maberly limousine, this car was rebodied by the Maharajah of Mysore as a Victoria to suit the tropical climate. In India until the 1950s, when it was returned to England and sold to American collector James Leake. A beautiful older restoration now showing signs AX 201, the original Silver Ghost. The keystone of Richard Solove's collection of nine pre-WW1 Ghosts, all sold by Gooding. Lovingly restored, impeccably maintained, impossible to duplicate. Well bought, even at this price. #148-1926 ROLLS-ROYCE PHANTOM I Dual Windshield Torpedo phaeton. S/N 98LC. Silver & dark blue/black/tan leather. RHD. Odo: 8 km. Coachwork by Vanden Plas of Brussels. Spectacular huge custom with all sorts of 1920s touches, from fitted luggage to fabulous wood cabinets with full cocktail service, decanters, perfume bottles, gloves, and silver hairbrushes. Bodied in Brussels for an owner TOP 10 No. 2 #112-1931 BENTLEY 4 1/2LITER The Green Hornet boattail roadster. S/N SM3916. Eng. # SM 3922. Green/tan/green leather. RHD. Odo: 3,536 miles. Coachwork by Gurney Nutting. Original, unmolested 4 1/2-Liter “Blower” Bentley with rare boattail body. Full provenance, and in E. Ann Klein's collection for the last 54 years. They were unsuccessful in period, with just 50 built. of wear with paint cracking, etc., but still spectacular. Cond: 1-. SOLD AT $990,000. First seen at World Classic's Las Vegas sale in November '92, with no recorded bids (SCM# 14047). Later seen at the Tokyo Auction in March '92, where it didn't sell at $450,000 (SCM# 22393). Last seen at World Classic's Monterey sale in August '93, where it sold at $500,000 (SCM# 4903). The only one of Solove's Silver Ghosts not to crack the $1m mark, probably because of its eccentric bodywork. A class winner at Pebble and much more fun than the more common conservative bodies. Very well bought. TOP 10 No. 7 #123-1912 ROLLS-ROYCE SILVER GHOST Double Pullman limousine. S/N 1907. Eng. # 1907. Gray/gray cloth. RHD. Odo: 53 miles. Believed to be the only Barker limousine built without a division window, and the only Barker limousine to survive. Used as the model for the Corgi toy, by which nickname it is known. A masterpiece of elephantine Edwardian elegance, complete and correct in every detail, down to the picnic service. Full provenance, of course. Cond: 1. SOLD AT $2,970,000. Possibly the second most important Rolls-Royce in existence after in Lisbon, where it was apparently stuck in a time warp. Essentially as it left the showroom 81 years ago. Cond: 1. SOLD AT $1,072,500. The most exotic package I've seen on a RollsRoyce of this period. Extraordinarily complete and unmarked, it offered a glimpse into how the wealthy used to live... and they lived very well indeed. As expensive as it was, I'd have to count this as a bargain. Quite remarkable. One question, though: How did the chauffeur see over the steering wheel? #33-1929 ROLLS-ROYCE PHANTOM I Springfield Henley roadster. S/N S182PM. Blue/tan/blue leather. Odo: 281,194 miles. Coachwork by Brewster. A barn find roadster of elephantine proportions, originally fitted with a Chatsworth town car body, then swapped for this Henley convertible coupe. Paint flat, interior distressed, engine compartment dirty. Cond: 4. NOT SOLD AT $240,000. Last seen at Bonhams Carmel sale in August '06, where Checked body fabric, leaky engine, ripped seat, faded paint, ratty top, checked tires, good plating and immense presence. Even the supercharger casing remains. Cond: 3. SOLD AT $4,510,000. Eligible for anything you want to attend and with a patina to die for. Pull on your Spitfire leather jacket, pick up your popsie, and stash your picnic hamper in the mother-in-law seat. Original examples such as this seldom come to market, and this result sets the bar from now on. (Profiled on p. 48.) #151-1938 ATALANTA SHORT CHASSIS roadster. S/N 1011. Eng. # 1009. Dark blue/black cloth/red leather. RHD. Odo: 1,192 miles. Well-known and rare British sports car in the SS 100 style, believed one of 23 made between 1937 and 1939, and one of two short-chassis models known. Subject of a $250,000 restoration and looks like it, with excellent attention to detail. Now with the correct Gough engine. Winner of the Cartier concours at the 2007 Goodwood Festival of it sold at $238,000 (SCM# 42716). A good candidate for restoration, but too far gone to leave as is, and a truly frightful shade of cobalt blue. Henley Roadsters can command upwards of $500,000, but that's a lot to gamble; nothing is cheap and you can't cut corners. Perhaps the present owner came to the same conclusion. I'd have taken the money offered and chalked it up to experience. 100 Speed. Cond: 1. SOLD AT $258,500. Detailed provenance with competition history gilded the lily on this car. This desirable short-chassis model now carries the correct and fragile Gough motor, but it ran with a Bristol engine for years. Atalantas seldom come up for sale, as there are only about ten left, and the last we reported in 2005 carried a Lincoln V12 engine and ponderous convertible body (SCM# 39989). This sold at four times the price of that car, and rightly so. Sports Car Market

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Gooding & Company Pebble Beach, CA #166-1955 AUSTIN-HEALEY BN2 road- ster. S/N BN2L228075. Eng. # 1B207130. Red & black/black & red leather. Odo: 60,685. Restored BN2 100 with M touches added, including a louvered hood, engine upgrades, and suspension modifications. Good paint with some orange peel, driving lights fitted, clean under hood, nice interior. Two-tone paint and chrome wires nice. Cond: 2. SOLD AT $73,700. Quite a thorough job with much new, but it didn't feel like a driver yet. The paint, chrome wires, and little flag decal were a matter of personal taste. May have done better if not run so late in the sale. #153-1962 ASTON MARTIN DB4 GT coupe. S/N 0153LGT. Eng. # 0152LGT. Silver/black leather. Odo: 52,124 miles. The original New York Show car from 1962, in the U.S. since. No bumpers, old brightwork, trunk high on left side, damaged right rear fender, driver's door high, windshield delaminating. 1890 model and does not run. Priceless patina. Cond: 1-. SOLD AT $3,520,000. Considering that the non-runner sold for $929,000 at Christie's Paris sale in February (SCM# 44490), this has to be considered a bargain of sorts. After all, there is only one oldest car. A video preceded the sale, but a live steam appearance might have meant another million. La Marquise was intimidatingly quiet, and who knows how to drive it? Reportedly headed for O'Quinn's collection in Texas. Let's hope it will be used. #125-1901 PANHARD ET LEVASSOR 7hp Rear-Entrance tonneau. S/N 213. Eng. # 2881. Dark green/black leather. RHD. Sensitive restoration of very solid car. Original leather remains in back seat, wonderful complete history. Sophisticated for its day and able to cruise at 30 mph with 3-speed transmission, magneto ignition, and acetylene lights. Surrey top might keep passengers dry at traffic lights. Cond: 1-. SOLD AT $297,000. Last seen at Last seen at RM's Phoenix sale in January '03, where it sold at $106,480 in gray and orange (SCM# 30257). Feels unloved, as if somebody just fluffed and buffed it to get it gone. Cheap enough for a Bugatti, and it might respond to proper care. If it didn't go to a dealer, I'd like to see it in a year, after some TLC. #66-1935 VOISIN C25 clairiere berline. S/N 50017. Eng. # M2550017. Black/brown leather. RHD. Odo: 13,313 km. Rough but complete, and one of only 28 C25s. Original thinking in every way, with sleeve-valve engine, aluminum body, piano hinges for doors, electrically controlled 2-speed transmission. Museum kept for 40 years. Cond: 4. SOLD AT $330,000. Last seen at Artcurial's Paris sale in February 2006, where it sold at $124,760 One of 75 built. Cond: 3. SOLD AT $880,000. A dismaying lack of information about this car, considering that Astons, and DB4 GTs in particular, are hot right now. It felt like “all the good miles have been used up,” as an old boss in the motor trade once said to me. I think this car had stories to tell, but not before bedtime, if you want to sleep well. Bidders were cautious too, as it sold slightly short of the estimate. FRENCH TOP 10 No. 6 #139-1884 DE DION, BOUTON ET TREPARDOUX La Marquise dos-ados. S/N 6. Eng. # D6 and G6. Black/ black leather. RHD. The first of De Dion's steam cars, and the oldest running family car in the world. Fully functional and charmingly scruffy. Quick-start boiler takes “only” 45 minutes, underfloor twin steam cylinders will propel it to 38 mph. Not running from 1906 until 1987, when present owner rebuilt it. Only one other exists of the six made, but it is a newer November 2007 Gooding's Pebble Beach sale in August '05, where it sold at $220,000 (SCM# 38968). London-to-Brighton-eligible cars are in demand, and prices increase exponentially for more sophisticated cars. This car was above mid-range for a two-cylinder, a testament to its construction. A huge, 4-cylinder Panhard could cost twice as much. But if you're dying to do the L-B, cheer up; a buckboard-simple, curved-dash Olds one-lunger can still be found for $35,000. I'd call this market correct. #109-1927 BUGATTI TYPE 38 tourer. S/N 38240. Eng. # 151. Dark blue/tan/tan leather. RHD. Coachwork by Lavocat & Marsaud. 2-liter straight 8 with lightweight obscure tourer body cut so low so that you almost sit on it. Nickel dull, paint shiny but thick and with visible bugs. Wood weathered and peeling, carpet dirty. Auster screens, unusual beetle back, old tires. Cond: 2. SOLD AT $220,000. 101 (SCM# 41058). Fascinating and complex. The big question is what to do with it? You'll be your own mechanic, as there aren't many people left who know about sleeve-valve engines. Did I mention parts? It looks pretty scary, but a restored Voisin roadster won at Pebble Beach in 2005, so there's definite appeal. The price paid was all the money, and the only way it might be recovered is through restoration. GERMAN #27-1957 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980405500780. Eng. # 1989805500819. Strawberry Red/black leather. Odo: 9,863 miles. Remarkably original 300SL, and one of two finished in Strawberry Red metallic. Sat in Harrah's collection for

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Gooding & Company Pebble Beach, CA Column Author years, which accounts for the mileage. Fitted luggage. Good chrome, paint checked, interior seems dry, as you'd expect. Includes manuals and original key box. Cond: 3. SOLD AT $715,000. Might be the most original 300SL outside M-B's museum. Pity about the color; maybe the owner was embarrassed to drive it? Record price, but surely bound for a museum, as every mile will cost you. At this rate, a $1 million steel Gullwing can't be far off. #10-1962 PORSCHE 356B Super cabrio- let. S/N 156083. Eng. # 700964. Black/black cloth/red leather. Odo: 38,715 miles. Excellent older restoration of a terrific original. Great panel fit, good chrome, lovely interior, full provenance. Fitted with desirable options like officially because of emissions requirements, so a private import would have been the only way to get one. The early 911S is an exhuberant car, and I hope the new owner frees it from its relative garage queen status. Well bought. ITALIAN #8-1928 O.M. TIPO 655 tourer. S/N 26641. Eng. # 25683. Black/tan cloth/ brown leather. RHD. Odo: 78,999 km. headrests, horn ring, Blaupunkt radio, and a full tool kit. Front disc brake upgrade. Multiple trophies. Cond: 1-. SOLD AT $176,000. A lovely show car also apparently restored to drive. Only modern tires inject a jarring note. Big money indeed, but this was the right car to get it. Read Jim Schrager's take on what this means to the market on p. 54. #2-1964 PORSCHE 356C coupe. S/N 216314. Eng. # 711459. Silver/black leather. Odo: 68,062 miles. Seven-year-old restoration beginning to show its age. Paint good, panel fit decent with one door off a bit, brakes rusty, wheels pitted. Good provenance, fitted luggage, Cond: 2-. SOLD AT $165,500. Underrated and rare, O.M. went 1-2-3 in first Mille Miglia, and the first three slots in the rally are reserved for O.M. entries today. An excellent example of a taut and lively vintage sports car at much less than comparable Alfa prices, provided you don't mind telling the story each time. Very well bought, and if the provenance can be 100% confirmed, this was a screaming deal. #167-1931 ALFA ROMEO 6C 1750 tools, and Blaupunkt radio. Complete records, including update to SC specifications. Cond: 3. SOLD AT $49,500. This was a decent older restoration that had lost its zing. Although it was a little cheesy to put an SC badge on it, prices are rising, so this price felt about right. #13-1968 PORSCHE 911S coupe. S/N 11800073. Eng. # 9604784. Polo Red/black leather. Odo: 97,540 km. European delivery car from Italy. A rare car with correct 5.5-inch Fuchs wheels. Body very straight, panel fit good. Obvious attention to detail in reported $60,000 restoration, but the paint seems a bit bright and the coachbuilder's tag was badly masked. Cond: 2+. SOLD AT $63,800. The catalog stated no '68 911s made it to the U.S. 102 250 GT is an entry-level Ferrari, but it's uncommon, because many were used as donors. This was exceptionally nice, but considering the venue and the money in the room, I'd have figured the $480,000 bid represented the top of the market and let it go. In any case, releasing Sports Car Market spyder. S/N 6C10814356. Eng. # 6C10814356. Bare metal/N/A. RHD. Odo: 99 km. Originally owned by Baron Philippe de Gunzbourg, a Swiss banker's son and sportsman who finished second in the 1933 Le Mans with Luigi Chinetti. De Gunzbourg hillclimbed this car, Excellent top, Weymann-style fabric body, decent paint, nickel grille. Chrome headlights and horns look to be later. Appears to be a wellsorted runner, as evidenced by participation in the 2007 Mille Miglia and 2005 Argentinean Millas Sport rally. Possibly owned by “Bunty” Scott-Moncrief, international Mercedes expert. Testa Rossa style. Full history, maintained as driver with various later 166 updates. Bare metal interior with snakeskin seats and original 166 shift knob in roman numerals, weathered gauges, and a tach the size of a headlight. Scruffy, but complete. Cond: 3-. SOLD AT $1,045,000. A fabulous timepiece; dusty, dented, and simply irreplaceable. Pure history and an absolute steal. If Nuvolari competition history can be confirmed, I'd expect multiples of this price. #9-1956 FERRARI 250 GT coupe. S/N 0543GT. Eng. # 0543 GT. Black/tan leather. Odo: 85,672 km. A beautiful example of a low-roof Boano, one of about 64. Paint excellent, chrome perfect, panel fit correct, interior very nicely done. Period Pirelli Cinturatos fitted. Cond: 1. NOT SOLD AT $480,000. Last seen at Worldwide's Seabrook sale in May '07, where it sold at $550,000 (SCM# 45311). The then sold it in 1935. The car was lightly used by subsequent owners, then stripped in the 1970s for a restoration that never happened. Scraped, sanded, and ground to bare metal. The interior has been lost. Reported to be mechanically rebuilt. Cond: 4. SOLD AT $946,000. Another spectacular barn find. Complete and with full history. By the time the restoration is complete, 6C 1750 values should have risen far enough to cover the cost... and you still have a 1750 Zagato, if you don't want to sell. In either case, well bought. (Profiled on p. 52.) #54-1948 FERRARI 166 Spider Corsa roadster. S/N 014I. Eng. # 014I. Red/snakeskin. RHD. Original short-chassis Spider Corsa, one of two built. Raced either by Nuvolari or Raymond Sommer in 1948. Design was the basis for 166 MM Touring Barchetta that won the 1949 Mille Miglia, Le Mans, and Spa 24 hours. Rebodied in 1956 by Scaglietti in the

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Gooding & Company Pebble Beach, CA Column Author the reserve at the right moment is usually good for a surge, as bidders then realize somebody is going home with the car. #22-1957 FERRARI 410 Superamerica coupe. S/N 0671SA. Eng. # 0671. Dark red/ silver/tan leather. Odo: 342 km. Coachwork by Scaglietti. The only one of four 410 Superamericas not bodied by Pinin Farina. Came to the U.S. in 1970, was modified by several owners, then stolen and chopped up. Greg Garrison bought the chassis and engine and took them to Italy, where Enzo Ferrari rounded up #19-1966 ASA 1000 spyder. S/N 100111042Z. Red/tan/cream leather. Odo: 16,202 km. Rare and prohibitively expensive when new, with a 1,000-cc SOHC 4-cylinder engine of Ferrari design. Only about twelve Spyders built by Bertone to Giugiaro design. Body has some fiberglass issues, paint flaws, and rust on wheels and bumpers. Cond: 2. must have been Garrison's driver. He bought it for $15,000 as a junker in 1986 and clearly put lots of miles on it. Significant? Sure—a 250 GT one-off that was very well sold. TOP 10 No. 3 #144-1959 FERRARI 250 GT LWB CALIFORNIA Spyder. S/N 1431GT. Eng. # 1431GT. Black/Black/black the workers who had built the original body to make another. Elegant in a '50s-boy-racer fashion, with a brushed stainless steel top, engine-turned dash, and engine-turned fins. Excellent fit and finish, needs tires. Cond: 1-. SOLD AT $1,320,000. A real eye-catcher, if not to everybody's taste. One of a kind, looked good, ran well. Hard to fault a body built by the same Scaglietti workers, and the bidders agreed. Well bought and sold. #5-1958 FIAT MULTIPLA 4-dr sedan. S/N 1001108045235. White & gray/gray cloth. Odo: 82,982 km. Very straight, period colors. Chrome and glass good, engine compartment clean. Slightly better than new. Abarth-tuned video of the car on the California coast, to set the tone. Bidding began at $2 million, jumped to $3 million and shot up in $100,000 increments to $4.4 million. Cond: 1. SOLD AT $4,455,000. Everyone in attendance was drawn to this car And this was the right time in the right place, and with the right buyers. And it wasn't even an alloy-bodied car. But there's the best and there's the rest, and nobody ever complains they paid too much for a perfect car. #59-1966 FIAT 643 auto transporter. S/N 850 instead of standard 600-cc engine. Cond: 2. SOLD AT $46,200. A charming conversation piece suitable for vineyard, sheltered estate, retirement community, or private island. Suicidally fragile in modern traffic—a Volkswagen bus without the higher viewpoint. A lot of money for a Jolly sedan. #17-1958 FERRARI 250 GT Coupe Speciale. S/N 1187. Eng. # 1187. Silver/red leather. Odo: 89,334 km. Coachwork by Pinin Farina. 1959 Geneva Show car with a lot of 410 Superamerica styling cues. Now showing signs of age; windshield delaminating, stone chips and runs in paint on both side below flash, light wear to driver's seat, scrapes around license plate bolts. From the Greg Garrison Collection. Cond: 2-. SOLD AT $1,100,000. A handsome car that looked like it 104 007970. Rust/gray cloth. RHD. Odo: 38,162 km. Cabover Ferrari transporter for 15 years, with provenance. Steerable rear wheels. Sat from 1981–2002. Glass good, mechanically rebuilt but seriously rusty and appears to leather. Odo: 41,278 miles. The 28th California Spyder built and with absolutely complete provenance, topped off by a superb three-year David Smith restoration, returning it to its original colors. Hard to fault, perfect paint, panel fit and chrome, new period tires. Preceded by SOLD AT $99,000. The price astonished SCM Contributing Editor Donald Osborne, who thought the car might reach $50k or so. An eye-catcher at the California Mille, but otherwise too small to be really useful... and you'd better know a good machinist. I call this very well sold. #4-1967 LAMBORGHINI 400GT coupe. S/N 0526. Eng. # 0514. Silver/red leather. Odo: 53,612 km. One of 23 “interim” 400GT two-seaters. Borrani wire wheels, excellent paint buffed badly. Good panel fit, good chrome, excellent interior, enough instruments and switches for a light plane. Cond: 2. SOLD AT $330,000. An excellent example of early Lamborghini, though the years have not been kind to the styling. Miura prices are taking off, but don't expect these to follow very closely. An award-winning car, but this was likely all the money. #23-1967 FERRARI 275 GTB/4 Competition Speciale coupe. S/N 09813. Eng. # 100148. Red/tan leather. Odo: 1,223 km. Coachwork by Allegretti. Very attractive replica of Le Mans class winner s/n 06885, imagined by Greg Garrison from a battered GTB/4 chassis and engine found in Indiana. Beautiful condition inside and out, runs well. Cond: 1. SOLD AT $1,155,000. No competition 275 GTB/4s came from the factory, lack ramps to top platform. Cond: 5. SOLD AT $297,000. Where do you start, and why? Rotten to the core. Looks like it was stored on the sea wall. Top platform looks like lace, with really big bits of metal rusted through. Silly money, unless the new owner asks Ferrari to authenticate a reproduction body. Sports Car Market

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Gooding & Company Pebble Beach, CA Column Author so this was very much Garrison's dream. A spectacular head-turner, designed to confuse the cognoscenti as much as anything. It may be an inside joke, but a number of bidders got it, resulting in this high price. Well sold as a replica, but well bought, too. TOP 10 No. 10 #20-1973 FERRARI GTS/4 Daytona spyder. S/N 17073. Eng. # B2860. Gold/tan leather. Odo: 80 miles. The last factory-built Ferrari Daytona Spyder of 124 made, reluctantly bought by collector Greg Garrison and never driven, except up and down his long driveway. A time capsule, correct and a face only a mother could love. One supposes 412s were expendable, and that's why the model was chosen for the experiment. Cond: 1. SOLD AT $110,000. Bid to double the auction estimate, but I saw no white canes. This car will always be a one of a kind, but will always have to be explained. Falls squarely in the “rare and should be” category. The new owner might as well drive it, albeit heavily insured, or put it away for his great-grandchildren. original down to the tires. Cond: 1. SOLD AT $2,035,000. SCMer Simon Kidston was the underbidder on this car. His take: “The key to the price is the provenance: one owner from new (not one owner and five dealers who haven't titled it), the last one built (documented), cool color scheme (thank God not red), and above all, the last delivery mileage Daytona of any type in existence. If ever a car qualified as a museum piece, this was it. Worth every penny in my opinion, but it doesn't make every other Daytona Spyder worth 100% more...” #18-1975 ALFA ROMEO MONTREAL coupe. S/N AR0056400043. Eng. # 1425120. White & black/black leather. Odo: 24,264 km. Dodgy old repaint. Chips and scrapes on spoiler, clearcoat checking on pearl white, peeling paint on door suggests it was at one time orange. Rear window and windshield AMERICAN #163-1910 NATIONAL INDY speedster. S/N 3272. Eng. # 7273. Blue/tan leather. RHD. Bare bones racer appears to date to the dawn of the Indy 500. Racing connections probable, but unconfirmed. However, it has had a full career as historic racer, including appearing at Goodwood in 2002 and 2005. Older restoration holding up well, but there are few parts to deteriorate. Cond: 2. NOT SOLD AT $200,000. Cond: 2. SOLD AT $60,500. A fun old brass roadster. Prices are creeping up on cars like this as a new generation discovers them. Looks to be quite usable, as 50 mph can be within reach... just remember the two-wheel brakes. Let's hope the new owner learns to start it without breaking his wrist and that he has a good friend who's a machinist. Quite well bought. #161-1929 DUESENBERG MODEL J sedanca de ville. S/N 2190. Eng. # J159. Black & dark blue/black/brown leather. RHD. Odo: 70,999 miles. Coachwork by Barker. The 1929 Olympia Motor Show car in London, one of only about 12 RHD Duesenbergs. Detailed provenance, including British owners, a new top from Hooper, and sale to the U.S. in 1965. Same owner since 1967. Very tired with cracked paint and worn upholstery. Chrome wires a jarring note. Cond: 4+. SOLD AT $616,000. Trust the British to make a Duesenberg look dull. Colors do it no favors, but the U.K. owner was probably trying to maintain a low profile... assuming one can do that in a 20-foot long, eight-foot high, three-ton limousine. I'm a fan of original cars, but this one was a drab “Aunt Emily,” and it desperately needed a sensitive restoration. Well sold. Circumstantial evidence suggests this car has 1909 Indy racing history in the hands of one Arthur Greiner. Proof would add significantly to the car's value, but the lack of a key photo or document leaves a huge question mark over it. Bidders were not prepared to gamble, and the car failed to reach reserve. #165-1912 CHALMERS MODEL 9 delaminating. Misfired and smoked on startup, wrinkled paint visible on lower rockers. From the Greg Garrison Collection. Cond: 4. SOLD AT $28,600. Maybe Garrison kept this around to remind him of his mortality. Maybe he bought it on eBay from Montreal. The closest thing to a fright pig at this auction. It was worked hard to its sale price, which was no bargain. If the odometer was accurate, these were 24,000 very hard kilometers indeed. #21-1984 FERRARI 412 Prototype convertible. S/N PROTO4120E0065201. Eng. # 18667. Burgundy/black/tan leather. Odo: 8,113 km. Coachwork by Scaglietti. Prototype convertible to test composite materials soon to be widely used. Basically a new car, but with 106 Sports Car Market Torpedo roadster. S/N 18910. Cream/black canvas/red leather. RHD. Odo: 150 miles. Older restoration of a sound roadster. Full history, decent paint, nice pinstriping, dual spares. Good wood wheels and Chalmers acetylene lights, clean F-head engine with exposed valve gear. Looks to be complete and correct. #143-1930 CADILLAC V16 roadster. S/N 700809. Eng. # 700809. Black/black canvas/black leather. Odo: 7,351 miles. Coachwork by Fleetwood. Enormous full classic, subject to a three-year restoration in the 1990s and 100-point showings at the CCCA afterward. 175-hp engine, dual sidemounts, dual turning driving lights, dual spotlights, trunk rack, stone guard, wind wings, golf club door, rumble seat. Paint, chrome, and interior flawless. Cond: 1. SOLD AT $495,000. The catalog noted that little was known of this car's early years, but an addendum before the sale determined that it was not originally a roadster. That accounts for the price, which might have been near double

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Gooding & Company Pebble Beach, CA that with full and correct provenance. So it was a good buy, assuming you plan to keep it until everybody who knows the truth is gone. #16-1932 LINCOLN KB convertible vic- toria. S/N KB9. Eng. # KB9. Green & cream/ tan/tan leather. Odo: 169 miles. Coachwork by Waterhouse. Pebble Beach class-winning restoration of a rare car, with only ten built. Twin sidemounts, trunk, and trunk rack. Hard to fault paint, chrome, and interior. Cond: 1. SOLD AT $203,500. Full classic heavy metal. Not fashionable these days, but it may rebound when a new generation comes to appreciate its quality. Well bought, assuming the buyer isn't afraid of the waiting game. #140-1932 AUBURN V12 boattail speed- ster. S/N 1655. Eng. # BB1521. Black & yellow/black/black leather. Odo: 2,372 miles. It's said that Auburn boattail speedsters were aimed at wealthy juvenile delinquents, and this color scheme is a bullseye. Recent Stone Barn restoration of car that one might conclude from the notes is a bitsa. Appears brand new, with perfectly clean underside. Nary a ripple in any panel, complete with a set of garish chrome wire wheels. Cond: 1. SOLD AT $440,000. The problem with facelifts is they remove any character lines that might give you a clue as to the person inside. It's a cynical exercise in perfection. I couldn't put my finger on any one thing, but this car made me uncomfortable. It fell a bit short of its estimate, so I'm guessing I wasn't alone. #159-1936 PACKARD 120 convert- ible victoria. S/N X55750. Eng. # X55750. Butterscotch/brown/tan & gray cloth & leather. Odo: 739 miles. Coachwork by LeBaron. One of two Packard 120s bought by a Chicago tobacco tycoon. Subject of a lengthy restoration by actor Edward Herrmann that was made into a TV show. The only Victoria on a 120 chassis. Banjo wheel, spotlights, radio, donut chaser hood ornament, leather front seat, whipcord rear. Hard to fault on paint, chrome, or interior details. Cond: 1. SOLD AT $110,000. Not sold at RM's Meadow Brook sale in August '01 at $85,000 (SCM# 22784), later seen at Gooding's Pebble Beach sale in August '04, where it didn't sell at $75,000 (SCM# 34655). Sure it's one of a kind, but has anybody shown it a mirror? Some of its features include ungainly proportions, a ghastly color that could be original, and a rear seat not for the claustrophobic. Restoration costs can often exceed the value of a completed car, and I'll bet that was the case here. Nevertheless, well sold. #46-1937 CORD 812 Sportsman roadster. S/N 32317F. Eng. # FC3029. Maroon/tan/tan leather. Odo: 777 miles. Superb restoration by Portlander Steve Frisbie of most desirable Fantasy Junction 1145 Park Avenue Emeryville, California USA 94608 Phone: (510) 653-7555 • Fax: (510) 653-9754 www.fantasyjunction.com Investments in special interest, classic and high performance cars 1954 Maserati A6GCS, S/N 2053. Desirable and competitive car. Restored. Eligible for all events. Ideal entry for Ferrari Challenge $200,000 in additional receipts from Epifani Restorations. Great provenance. FIA Historical Technical Passport pending. $1,500,000. 1938 Mayback SW 38 Sport Roadster. Beautifully restored, stunning automobile. One of only two Spohn-Ravenburg disappearing top roadsters. Rare opportunity to acquire a truly elite automobile. Welcome at all events and tours. Extensive documentation. $3,750,000. November 2007 1965 ASA 1000GT. Truly a Baby Ferrari from its Bizzarrini designed chassis to the end of its Bertone shark-nose. Distinctive Ferrari valve layout. Lovely example with interesting history in great condition. Surprisingly capable, a wonderful car for any event. $85,000. 1956 Cooper T-39 Bobtail, s/n CSII/6/56, engine # FWA4006/69/75. Important and attractive sports racer. The “wide body” version of Cooper's innovative mid-engine F-II car from which sprung the past fifty years of race cars. Ready to race with some spares. $175,000. 107

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Gooding & Company Pebble Beach, CA Column Author perb wood, beautiflly restored interior. Cond: 1. SOLD AT $165,000. Undoubtedly the best Town and Country I had ever seen, but what do you do about the steer's head? It's an essential part of the car's history, so I suppose you have to live with it. I'm sure there's a suitable Spanish expletive. Not a car for shrinking violets. Still, well bought and sold. Cord model, with external pipes and no hood badge. One of 63 supercharged Sportsman models among 194 built. Best of Show winner at Forest Grove in the early 1990s, and still immaculate. Cond: 1. SOLD AT $319,000. 812 Cords don't get any better than this. Prices seem to be inching up at last, after languishing between $150,000 and $200,000 for a number of years. Perhaps their reputation for finicky electro-mechanicals is a factor. For now, this is the top of the market. #147-1939 CHEVROLET MASTER DELUXE racer. S/N R2689235. Red/black leather. RHD. Odo: 52,841 miles. Replica of Juan Manuel Fangio's 1940/41 Argentine Championship-winning car, built by his brother Toto and formerly in his museum. Given by Fangio to David E. Davis of Automobile magazine and restored by him to correct and semi-scruffy racing condition, including time about here, as it had a later model automatic transmission and rack-and-pinion steering with hairpin front axle controls. Felt like a 1990s revamp of an old bitsa. Price indicated the buyers thought so too. #142-1942 HUDSON SUPER SIX Woody wagon. S/N 2118122. Green/black/brown leather. Odo: 75,499 miles. Rare model in a short production year due to Pearl Harbor. Only four of these survive of 15 made. 212-ci six cylinder with rare overdrive. Documented four owners. Superb condition, wood and paint near perfect, excellent door fit, top, chrome, and 8-passenger interior. Handsome dash with #28-1951 TOM BEATTY BELLY TANK lakester. Two-tone blue/aluminum. 260-ci supercharged V8, 6x2-bbl, auto. The fastest dry lake racer, made from P-38 drop tank and powered by a supercharged Olds engine. Hydramatic transmission, Halibrand quickchange rear end. Ran 243 mph in 1962, with a one-way run of 252 mph a year later. Stylishly scruffy, down to peeling tires. Disassmbled before Tom Beatty's death in 1985, rebuilt in 1998 with all correct parts. Cond: 4. SOLD AT $440,000. This rolling testament to American ingenuity was driven over the block with a deafening roar. The fastest and best of the belly tankers. Bidding went to $440,000 and stopped like a clock. Undoubtedly bound for a museum, where visitors can marvel at Beatty's cojones. Well bought and sold. clocks, tach, etc. A replica, but welcome everywhere, including Goodwood and the California Mille. Cond: 3. SOLD AT $165,000. Looks right and should, as Fangio's brother Toto built his first race cars. Seems like a lot of money for a replica, but the new owner is bound to be photographed in every event in which he competes. He'll have big shoes to fill, and he'd better be fast. #3-1941 FORD LAKESTER roadster. S/N 6450824. Blue & white/ black. Odo: 2,163 miles. From the Don Garlits museum. Described as a period hot rod with aluminumheaded flathead engine, Halibrand manifold, wire wheels, hydraulic brakes, cut-down body, and slant nose. Enthusiast-quality paint and general finish. Cond: 3. SOLD AT $36,300. First seen at Kruse Auburn in September '92, where it sold at $11,000 (SCM# 20620), later appeared at RM's Monterey sale in August '02, where it didn't sell at $34,000 (SCM# 28900). Finally seen at Gooding's Pebble Beach sale in August '05, where it sold at $44,000 (SCM# 38894). I'm not sure what period we're talking 108 radio. There are no wood kits for these, such as for Ford and Mercury, so this is even more significant. Multiple awards. Cond: 1. SOLD AT $231,000. The Woody market is hot and this is an exceptional example, being elegant as well as rare. Oddball Woodies often have strange proportions, but this one had a great overall look. Compared to prices realized by relatively common Ford and Mercury wagons, this was a brilliant buy. #49-1947 CHRYSLER TOWN & COUNTRY convertible. S/N 7402248. Tan/tan/tan leather. Odo: 75,065 miles. Owned by Leo Carillo, who played Pancho, Duncan Renaldo's sidekick in “The Cisco Kid” TV series. Ex-Harrah collection, with monogrammed hubcaps and a full-size longhorn steer's head on the hood. The steer's eyes flash with the turn signals. Carillo used the car in numerous parades, though it has been on static display in recent years. Excellent paint and panel fit, su- Fresh motor, numerous racing upgrades. Cond: 3+. SOLD AT $115,500. Possibly the fastest competition '57 Corvette, with complete provenance. Ready to race and also street legal. Fred Yeakel road- and drag-raced it successfully in the 1960s and returned to historic competition in 1979. Dick Guldstrand won at Monterey in '87 when Corvette was the featured marque. Part of the Bloomington Gold Special Collection display in May in honor of the 50th anniversary of the '57 'Vette. If you can't win in this car, it's your fault. Well bought.♦ Sports Car Market #7-1957 CHEVROLET CORVETTE convertible. S/N E57S106241. Silver/red vinyl. Odo: 29,440 miles. 283-ci fuel-injected V8, 4-sp. Extremely clean racer. Good chrome, some cracking in body. Miles stated original, “many at redline.” Hoosier tires, Torq-Thrust American Racing wheels, racing seat matches original pattern. Typical Corvette panel fit. Originally a carbureted car, now fuel injected.

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Russo and Steele Monterey, CA Column Author Sports and Muscle at the Marriott There was much more than just sports and muscle offered this year, including the Batmobile from 1992's “Batman Returns” Company Russo and Steele Date August 17–18, 2007 Location Monterey, CA Auctioneer Dennis Wisbey and Rob Rowe Automotive lots sold / offered 99 / 161 Sales rate 61% Sales total $10,034,530 High sale 1973 Lamborghini Miura P400 SV, sold at $962,500 Calle Principal, Russo's “street of dreams” Report by William “Chip” Lamb, photos by Lamb and Dr. Haines Ely Market opinions in italics T here is a delicate balance at a high-intensity auction such as Drew Alcazar's ringside-style event. That balance depends on a number of variables, the least of which being quantity of quality cars available. Russo and Steele showed the public that it was capable of increasing the number of its consignments this year, with quality ranging from reasonable to exceptional. Gone, perhaps, was Alcazar's claim that “sports & muscle… is all Russo & Steele does.” While mostly correct, there was much more to be offered this year, including the Batmobile from 1992's “Batman Returns,” as well as two Rolls-Royces, a Jaguar, and even an Amphicar. It seemed this year, at this auction, muscle had been dethroned. For example, both numbers-matching Hemi 'Cudas offered failed to break the $300k mark, let alone meet reserve. The first production '68 Shelby GT500 KR, an automatic, was offered at no reserve from the outset, bringing just over $180,000 including commission. Shortly post-block, the seller stood behind me on the risers and lamented the earlier sale at BarrettJackson in January of this year where the car brought $247k (SCM# 44189). But the market is moving. Conversely, Russo and Steele's sports car consign- ments were some of the finest on the entire peninsula, with a '55 Mercedes-Benz 300SL Gullwing to rival any other in the area. This year's high sale went to a 1973 Lamborghini Miura P400 SV coupe that brought $962,500, and 110 Sales Percentage 100% 80% 60% 40% 20% 2007 2006 2005 2004 2003 2002 2001 2000 several other high prices were realized as the consignments were lined up on Calle Principal and driven into the Marriott. Among them were a 1976 Lamborghini Countach LP400 coupe that sold at $533,500—a price well above its $399k reserve. A Ferrari 246 GTS brought $199,100. Notable no-sales included a 1955 Mercedes-Benz 300SL Gullwing that stalled at $575,000, a 1958 Chevrolet Impala convertible that failed to find a new home at $105,000, and a 1967 Chevrolet Corvette known as the “Desert Rat,” which had been stolen and recovered in the desert a year later. Equipped with a 427-ci 435-hp V8 and a 4-speed, it returned with the seller at $135,000. A large part of Russo's draw is its party-like atmosphere, but high-octane confusion between the din of the crowd and the exhaust fumes during primetime Saturday resulted in some post-auction questions that were still being worked out as we went to press. The results here are those officially reported by the auction company to SCM. Russo's new policy of selling cars with reserves worked well, despite the company seeing a final sales total down to $10m from the $13m sold last year. Generally, as cars were bid to a market-correct level, the sellers would drop their reserves, and the cars were then sold. This was a far cry from the no-reserve mentality often associated with this sale, and while it may have lead to fewer reported dollars for the company, it created a more comfortable environment for Russo's sellers. Russo and Steele unquestionably has its collective finger on the pulse of the Monterey environment, and as the company works out the balance it needs to remain successful in this changing market, bigger results can be expected in the future. ♦ Sports Car Market Buyer's premium 10% (included in sold prices)

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Russo and Steele Monterey, CA ENGLISH #S610-1955 MORGAN PLUS 4 roadster. S/N 3228. Aston Green & BRG/brown cloth/ brown leather. RHD. Odo: 6,785 miles. Color changed from original red on red. Modified with numerous later Supersport upgrades. Paint quality has prep issues and blemishes in places, but done in a nice color scheme that works with the lines of the car. Brightwork and chrome very nice, interior, tonneau, and top trimming faultless. A clean open sport-touring car. Cond: 2. SOLD AT $24,200. Bidding was flat, and one lucky winner has himself a new Morgan. A bit on the fakey-doo side, but I still say well bought. #S656-1961 ASTON MARTIN DB4 Superleggera coupe. S/N DB4528R. Aston Green/tan leather. RHD. Odo: 76,585 miles. Beautiful and straight early DB4 in rare flawless green metallic paint over tan leather. Brightwork and chrome without anything but minor indications of use. Dash, instruments, and interior accessories as crisp as the outside. Driver's seat shows almost no wear at all despite a few years of use since restoration. Very minor exterior weatherstripping and glass seal issues are all that keep it from as perfect as one of these can be. Cond: 1-. SOLD AT $222,750. With Aston Martin a featured marque at Pebble Beach this year, there's plenty of upside to a car this nice, even RHD and over here. Shipped home, there's the potential for a two to one return given the current DB4/5/6 market. A minor deal for the buyer; let's hope he has fun with it a while before turning it back over. #S631-1964 JAGUAR XKE Custom con- vertible. S/N 879616. Blue/blue & white leather. Odo: 199 miles. Lustrous dark blue metallic paint with heavily worked-over body smoothing down original creases to look more like a factory racer. XJ13-style nose emblem caps off all this work. Interior also heavily customized in the interest of simplicity, resto-mod style dash and very simplified bucket seats wrapped in fine leather. Engine bay heavily detailed with chrome and polished aluminium. Cond: 1-. SOLD AT $112,750. A wild custom XKE which still retains mostly Jaguar parts, including a V12 rear, XJ6 engine, and Ford T-5 manual transmission. Seller was present throughout the entire preview and helpful to those whose interest was piqued. Among all the E-types at this auction, this one did the best. Bid was unpredictable, but the car was unique with very few flaws. I'd still call it well bought with some appreciation potential in future. #S624-1966 JAGUAR XKE GT-2 SCCA racer. S/N 7E55279. Maroon/red racing seat. A bit on the used and abused side. Amateurish race-car-quality paint job dulling, detailing beginning to come apart. Engine bay and interior appear clean and fit for service. Cond: 3+. SOLD AT $22,000. The problem with this car was that the SCCA disallowed it, and

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Russo and Steele Monterey, CA Column Author without significant undoing of modifications, it's no good for historic racing, either. I was as tempted to bid here as I was with the TVR, as it's worth the bid even in parts if the drivetrain is healthy and the reported horsepower is based on a dyno sheet. Wrong venue, but well bought no matter what. #S601-1974 TVR 2500M coupe. S/N 3305TN. Dakar Yellow/black vinyl sunroof/ black vinyl. Odo: 49,403 miles. Optional folding sunroof a nice touch on a somewhat worn example of the TR6-powered TVR. Light lacquer checking and sanding scratches on exterior, most prominently on the nose. Hood looks like it may have been hit and repaired at the right front corner. Light carpet and trim issues in interior. Engine compartment clean remarkable shape, but driver's door panel and wood loose. Engine bay clean but not overly detailed, with typical grime and odor. Not a California emissions car and not for sale in California, only to out-of-state bidders. Cond: 2-. SOLD AT $49,500. Even if it is cheap money for a flashy droptop, R-Rs of this era are borderline fright pigs at any venue except at the estate sale of your local RR mechanic's mother-in-law. Cosmetics were nice here but who knows about the rest, including the hydraulics, which operate not only front and rear brakes, but also the rear suspension. Since it was claimed original miles and had been taken apart at least enough to effect a halfway-decent color change, I call this mildly well-sold. #F447-1984 LOLA CORVETTE IMSA GTP racer. S/N HU2. White & black/black fiberglass. RHD. Far better condition than most period race cars, this Lola long-tail GTP Corvette is #2 of 7 produced and still race-ready. Run at Daytona 1985 for the 24-Hour. Recent tech stickers, well-used slicks mounted on car for auction. Interior as-expected for a big-bore IMSA GTP car. Engine freshly overhauled with forged pistons, rods and crank having been run super race car with limited venues available for it at present. Cond: 2+. SOLD AT $231,000. Cam 2 racing fuel filled the room as the XJR moved from its privileged position next to the stands and onto the block. Jaguar sold these new for over $900,000 in 1991, provided the new owner agreed to run no fewer than three events in it right off the showroom floor. Bidding was steady up to $200,000 as bidders began to second-guess their intentions and it trickled down to thousanddollar increments. At the high bid, the seller was wise to pull the reserve off and sell the car. Still, a fair deal for all parties involved. #S616-1994 LOLA T9400 racer. S/N 11. White & red/carbon fiber. Nearly immaculate if restored from racing condition, excellent if as-raced. This was Arie Luyendyk's backup car in the 1994 series. Very minor stress cracking around edges of body sections. A no-reserve sale with piles of spares, including a starting apparatus. Cond: 2+. SOLD AT $56,100. to driver quality standards. Cond: 3+. SOLD AT $9,075. The cheap wheels deal of the auction, and the first car out on Saturday night. The TVR was attractive enough as a driver that Publisher Martin asked me if I had acquired bidder credentials along with my media passes. While it might have been better than the SCM BMW 2002, it was a driver at best, and possibly a rolling project at worst. And parts are somewhat harder to acquire than certain BMWs we already know too much about. #S669-1976 ROLLS-ROYCE CORNICHE convertible. S/N DRE24568. Silver Birch Metallic/brown cloth/brown leather. Odo: 36,639 miles. Original light over dark two-tone paint changed to all top color, as evidenced by original brown in door jambs. Too much clearcoat over paint, convertible top boot pulling away. Leather, dash, and door panels in only 5.5 hours; work performed by Ted Wentz of Marcovicci & Wentz. Cond: 2+. SOLD AT $269,500. A good sale all around; the recent engine build by Wentz added some value as well as the recent documented tech and use. Drew Alcazar and his helpers pushed the car into a row of chairs as they got it headed towards the block, but no damage was done. When the bidding reached $245,000 and it seemed like it would come to a stop, the reserve was pulled. A fair deal for both parties. #S643-1991 JAGUAR XJR 15 TWR racer. S/N 001. Eng. # 5993. Dark blue/black & blue cloth. RHD. Odo: 15 miles. The very first XJR15, claimed recent Symbolic Motors nut-and-bolt restoration and mechanical service. Paint prep issues and different paint hues on alternate panels are somewhat obvious. Light scuffing on OZ Racing mags. Sports a 2006 tech sticker on windshield from an unknown event. Engine bay clean and appears well-serviced if not detailed. A tidy One of the early cars to cross the block Saturday night, before the buying crowd had really warmed up. While not exactly vintage race material, this old Indy car was extremely well bought if only as a future static display. Most of these cars do not age as well as this one appears to have done, and though not highly desirable, these do not come up for sale with any regularity. Well bought. GERMAN #S653-1954 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980404500103. Red/ light gray leather. Odo: 70,764 miles. Beautiful paint and chrome throughout, only one spot indicating prior repair apparent. Interior with high-quality full tool kit and fitted luggage on display. Rudge knockoffs on ancient Michelins show as well as the rest of the car. The nicest Gullwing by a country mile anywhere on the Peninsula this weekend. Cond: 1-. SOLD AT $764,500. Rudges, competition seatbelt mounts, and a large fuel tank indicate the car 112 Sports Car Market

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was at least ordered for period competition use, though no such documentation exists to prove this short of a 1980s run at the Mexican road race with M-B driver Paul O'Shea behind the wheel. Documentation does show that the car spent its entire life in California. The car, like some others here, arrived late to auction due to truck problems, but it still managed to bring a top price. Well sold. #S649-1955 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980405500041. Astral Silver/red leather. Odo: 50,505 miles. A recent and very well preserved restoration. Paint still fresh, interior nearly so with very slight patina from use. Doors could use minor adjustment, gaps when closed slightly off. Chrome and brightwork almost as-restored and still likely better than new. Engine compartment freshly detailed. A restored ready-to-go driver as well as an attractive showpiece. Cond: 1-. NOT SOLD AT $575,000. Opening at $300,000, the bids went into the territory of the high Gullwing sale at Gooding across the Peninsula the same evening, but it may have been wise for the seller to hang on to his undisclosed reserve. Strangely enough, the two Gullwings and one 300SL roadster at Russo and Steele far outstripped the two Gullwings at Gooding. This is new ground for Russo, and a market for it should develop, since the company can attract this sort of consignment. ITALIAN #S625-1956 ALFA ROMEO GIULIETTA Spyder racer. S/N AR1495A00348. Light blue/black cloth. Odo: 57,837 miles. Above and beyond cosmetic restoration of a vintage race car from a typical barn-find specimen. Minor waves in body sides, passenger door gap issue visible. Slight chips here and there in nose and front fenders from recent competition use. Interior authentic save for racing seats, harnesses, and roll bar. Engine compartment clean and completely prepped for historic competition. Sale included invitation to Lime Rock vintage races as well as all documenta- November 2007 113

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Russo and Steele Monterey, CA Column Author tion from the restoration. Cond: 2+. SOLD AT $90,200. From the time the seller climbed onto the block and announced he had just run the car at Laguna Seca the same morning, the $65,000 reserve was handily met and continued to climb above $80,000 to the high bid. A model sale of a nice vintage racer and one of the few people I've ever met to build a historic race car from the ground up and come out in the black. Very well sold. #S676-1964 ISO RIVOLTA GT coupe. S/N 350177. Red/tan leather. Odo: 99,240 miles. 327-ci V8, 4-bbl, auto. Red paint looks good from 20 feet, but is troubled up close. Primer overspray extends to windshield and door jambs. Brightwork overbuffed and in need of refinishing, rear lenses horribly cracked and faded. Door gaps slightly off, tan leather and wood dash subjects of recent replacement. 1964 327-ci 340-hp Corvette engine not original, compartment clean and complete. Factory (SCM# 14230). As the weekend wore on, the headlights emerged to varying degrees, winking at the crowd as it rolled across the block. Thick yellow paint and dry interior didn't discourage one lucky bidder who went past the $61,000 reserve and took it. An interesting, if relatively unsupported Lambo; fair price for buyer and seller alike. #S652-1973 LAMBORGHINI MIURA P400 SV coupe. S/N 5096. Blue Tahiti/Senape Tan & blue. Odo: 5,618 km. Body extremely straight, blue paint just short of full lustre with black details showing minor imperfections. Original European Carello headlights very nice, as are Campagnolo mag rims. Driver's seat has light entry wear, engine bay very clean with very little indication of use. An expertly V8, 5-sp. Very few flaws to well-preserved respray and detailing. Body gaps even, glass undamaged. Interior appears functional and comfortable, but does not appear correct. Boy racer details inside and out include Weber-look stacks, extra wheels with racing slicks, and front spoiler. Cond: 2. SOLD AT $50,600. More sizzle than steak here. The seller's auction description touted preparation to Group IV race car standards in terms of performance, but no proper competition preparation had been performed, just hot rod details. Well sold at this price. #S658-1976 LAMBORGHINI COUNTACH a/c present but disconnected. Cond: 3. SOLD AT $49,500. This dusty red orphan attracted more fascination than it should have, but the dearth of parts for such a beast ought to scare away all but the most hardy old car guys with bottomless bank accounts. Here is yet another case where rare does not equal valuable. A restoration would never recoup the price of entry to this particular party, and this was all the money and more for condition. Well sold regardless of seller's investment. #S623-1969 LAMBORGHINI ISLERO coupe. S/N 16M48310M. Yellow/Tan Leather. Odo: 37,167 miles. Body and paint restoration not to the highest standard, most weatherstripping hard and uneven. Headlight door fit reasonably poor. Interior clean but original, with boar skin quickly turning to cardboard. Old tires on nice original mag wheels. Dash and glass very clean and original. Underhood shows recent engine-out service and is extraordinarily clean without being overly detailed. Cond: 2-. SOLD AT $68,200. Last seen in black at Mecum's Elkhart Lake sale in July '99, where it didn't sell at $42,000 restored and very special Miura SV, and reportedly the ninth from the last built. Cond: 1-. SOLD AT $962,500. Bidding skyrocketed through $800,000, making this the high sale of the auction. When it hit $875,000, the $1m reserve was pulled, and the car reportedly sold on the spot. I spoke with the owner, who informed me he had been driving the car across the block and heard $975,000 and not the $875,000 it had been bid to. Russo and Steele was able to make the deal at $962,500, which was market considering the car's excellent condition. #F448-1973 FERRARI 246 GTS Dino. S/N 05800. Fly Yellow/black vinyl/tan leather. Odo: 69,767 miles. Beautiful paint and faultless gaps from sub-2,000 mile prior cosmetic and mechanical restoration. Ancient Michelin radials on original Cromodora mag rims. Seats like new, as is rest of leather-wrapped instrument panel. Factory a/c and power window car with nothing out of place. Engine compartment not overly detailed, but obviously in a good state of tune. Cond: 1-. SOLD AT $199,100. The new market price for a 246 GTS. Excellent Dinos with the right stuff going for them are on the climb. This was also a California blueplate car from new with a known provenance, which added a dose of confidence and at least a couple extra bids. Well sold... but in short order, it will be well-bought. #F433-1974 DE TOMASO PANTERA coupe. S/N THDNNC06273. Viper Red/black vinyl. Odo: 33,508 miles. 351-ci fuel-injected 114 world, one Adnan Khashoggi, might have once or even recently owned this display of 1970s kitsch helped it out. Whatever the reason, the $399,000 reserve was handily met and surpassed by almost another $100,000, surprising all the pundits in the audience but a few who were bidding on it. Very well sold. #F441-1985 LAMBORGHINI COUNTACH 5000S QV coupe. S/N ZA9C005A0FLA12830. Black/tan leather. Odo: 45,277 km. Claimed one of twelve 5000S QVs with carbs imported into the U.S. Paint acceptable with some lacquer checking and crazing along top surfaces, may be original or an indication of an older respray. Nice condition original Gold factory mags. Tan leather lightly faded but uncracked and not overly dry. Recent $20,000 engine-out service documented on top of a larger pile of Sports Car Market LP400 coupe. S/N 1120204. Yellow/burnt orange leather. RHD. Odo: 28,990 km. Nearfaultless original yellow finish with satin black accent trim. Ancient, likely original tires on faultless Campagnolo mag rims. Interior likewise original and shows light patina. Engine bay near-perfect, without indications of restoration detailing. Cond: 1-. SOLD AT $533,500. An unusual car for a record-setting price. The low kilometers had to be balanced against the right-hand drive seating position. Perhaps the suggestion that the one-time richest man in the

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Russo and Steele Monterey, CA Column Author receipts. Cond: 2. SOLD AT $79,750. There seems to be a surplus of examples of the mid 1980s Countach in a variety of different colors available for around this sort of price these days, and this was not one of the best examples even at this auction, though it was the only one selling at no reserve. The $75,000 stack of receipts with the car may have scared off prospective bidders instead of drawing them. AMERICAN #F432-1954 CHEVROLET CORVETTE roadster. S/N E54S003620. White/white vinyl/red vinyl. Odo: 89,464 miles. 235-ci 150hp straight 6, 3x1-bbl, auto. Very old respray in white spidering and checking around the edges. Body gaps likely original and still fit well, with a slight misfit at hood. Presumably original interior in decent shape, seats nice, carpet reserve, the car did not sell across the block, but the seller took a negotiated offer when it returned to the preview garage. A fair deal for buyer and seller alike—and a good long-term investment, as these early post-war cars continue to appreciate. #S620-1957 CHEVROLET BEL AIR convertible. S/N VC57J230247. Colonial Cream/black vinyl/black & silver vinyl. Odo: 301 miles. 283-ci V8, 4-bbl, 3-sp. Recent rotisserie restoration carried out to original specifications, awarded 993 out of 1,000 points at 2007 Vette Fest. Very straight body with even gaps throughout, paint not overly lustrous with a very authentic feel. Interior well-restored down to original gray steering wheel then closed with a sale. I'd still call this wellbought, as it's early muscle with a lot of class. #S650-1965 SHELBY GT350 R Cobra Caravan fastback. S/N SFM5R213. Wimbledon White & blue/black vinyl. Odo: 9,217 miles. 289-ci V8, 4-bbl, 4-sp. Paint and detailing very good, with the exception of fisheyed fiberglass front bumper. Torq-thrust mags dull and lightly curb-rashed. Interior appears original, period-correct, and unrestored. Engine bay shows about the same with minor detailing. An active competition car with no faded throughout, especially on transmission tunnel. Driver-quaility engine compartment undetailed, but appears maintained. Cond: 3+. SOLD AT $68,750. During Thursday's preview, a bird took aim at the open interior and made quite a mess of both front seats. The detailing crew took another whack at the car, and by the time it crossed the block, it looked better than it did Thursday morning by enough to sell. The earliest Corvette at this event, and not a bad example to drive or restore. Well bought. #S629-1954 BUICK SKYLARK convert- ible. S/N 7A1102103. Carlsbad Black/red cloth/red leather. Odo: 39,472 miles. 322-ci V8, 2-bbl, auto. Minor paint preparation issues, bumper chrome shines without underlying scratches. Pot metal all rechromed with a few waves here and there from refinishing. Straight body, good gaps. Embossed leather interior correct and supple without obvious faults. Fender wells match red trim and steel wheels. A nice example of a classic low-production model. Cond: 1-. SOLD AT $143,000. Last seen at Kruse/Leake Tulsa in June '93, where it sold at $29,000 (SCM# 915). The market has been speaking loudly when these come across the block at almost any venue. With a $150k 116 and interior color scheme. Engine compartment likewise not overdone, Power Pack option correct and clean. Rare California heater present and original to car. Cond: 1-. SOLD AT $94,600. The unusual color combination, while authentic, did not appeal to everyone's taste. Maybe it was the venue, the poor lighting at the preview or across the block, or a combination of all three. If this sort of car is taking the same beating as the muscle market is now, it's a surer bet to buy a car at a price like this now than a depressed Camaro or Chevelle. A good long term buy. #S617-1962 CHEVROLET IMPALA SS convertible. S/N 21867F307224. Roman Red/ white vinyl/red vinyl & cloth. Odo: 41,482 miles. 409-ci V8, 2x4-bbl, 4-sp. Paint, body, and gaps arguably better than new throughout, with very few minute flaws since a restoration claimed to be only 100 miles ago. Accessories include dual antennas and knee-knocker tach in nearly faultless interior. Engine bay faultlessly detailed. Wheels correct with poverty caps—a nice contrast on this otherwise well-optioned ps, pb, big-block car. Cond: 1-. SOLD AT $80,300. A high quality restoration of an unusual car with some serious pop. A market correction was indicated during this auction when the undisclosed reserve was pulled at only $68,000 during a stall in the on-block action. Bidding soldiered on another $5,000, period competition history in suitably betterthan-average race car condition. Sold on bill of sale only. Cond: 2. SOLD AT $660,000. The seller was out in front of the hotel answering questions, handing out detailed data sheets on the car, and primping and polishing during the entire preview. This was no real competition Shelby, merely a marketing tool which toured the country along with a Cobra, Daytona coupe, and GT40. Going across the block, it almost did not sell, until reserve was taken off at $575,000. The seller was smart to remove his reserve, and even with the relative rarity of GT350 Rs, this was still all the money for this example. #F429-1966 CHEVROLET CORVETTE convertible. S/N 194676S103054. Eng. # S103054. White/white vinyl/red vinyl. Odo: 66,658 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Older repaint in original white with period interior kit, hard and soft tops present, very decent chrome and brightwork. Knockoff alloys wearing modern Michelin radials. Very original and lightly detailed engine compartment with complete and functioning factory a/c. Optioned heavily with side pipes, power windows, antenna, AM/FM, and wood steering wheel. A nice driver-quality car. Cond: 2. SOLD AT $58,300. The owner and two attentive friends had a good time detailing this Corvette on the upper level of the parking deck during the Sports Car Market

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Alfa Bits preview, answering questions and enjoying the party atmosphere which prevailed. However, by the time it crossed the block, bidders' interests were with the big-block 'Vettes coming up in the run list, and this one received only slightly more than half the interest it needed to find a new home. #S635-1966 SHELBY GT350 fastback. S/N SFM6S282. Wimbledon White & blue/black vinyl. Odo: 63,203 miles. 289-ci V8, 4-bbl, 4-sp. Paint, stripes, and detailing without major defects. Stated N.O.S. front fenders used in 1998 restoration, all other sheetmetal is original to the car. Gaps as good as factory with the exception of minor trunk lid misalignment. Good glass driver's seat. Dashboard and carpets pristine, knockoff mags and Redline radials show well. Engine bay as nice as the exterior. Incorrect modern AC Delco battery. Cond: 2-. SOLD AT $70,400. This was claimed to be one of 199 1967 427-ci 400-hp cars with factory a/c, and it became considerably rarer as one went down the option list, with items like leather and the M21 close-ratio transmission. A little better detailing might have helped this car sell for more at no reserve, but I call this well bought. #S662-1967 SHELBY GT500 fastback. S/N 67410F4A01867. Wimbledon White & blue/black vinyl. Odo: 78,484 miles. 428-ci V8, 2x4-bbl, 4-sp. A fresh restoration to betterthan-new specifications, with paint, detailing, and gaps all better than new. Brightwork and chrome excellent from stem to stern. Interior crisp and hard to fault. Engine and transmission not original, which makes the dual carbs and 4-speed less valuable than if the original engine and automatic transmission were present. Reliable driver. 26 bids, sf 270, bf 20. Cond: 3-. SOLD AT $9,780. If that Alfa ambulance at Fantasy Junction ever sells, this thing might be worth something. Until then, somebody will have the coolest race support truck this side of Goodwood. Fair price given its rarity. #230160451669-1958 ALFA ROMEO GIULIETTA Veloce spider. S/N 149503306. Red/black/black. 21 Photos. Interlochen, MI. “I have owned this car the way you see it pictured here for 31 years.” Replacememt engine was “assembled using aside from minor cracking to rear plexiglass quarter windows. Interior restoration to a high standard, seats a little lumpy as though slightly overstuffed. Originally an automatic car, and one of the first GT350s so equipped. Cond: 2+. SOLD AT $121,000. Not a bad example of an early GT350, but far from a current restoration. Although the original automatic transmission made this relatively rare, it has been modified enough to devalue it. The reserve was low enough to sell the car, and while this may be a slightly good buy, for right now we'll call it even money. #F440-1967 CHEVROLET CORVETTE coupe. S/N 194377S104651. Eng. # S104651. Marlboro Maroon/black leather. Odo: 1,061 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Beautiful paint and detailing, good panel gaps, very small edge issues mostly in the front clip. Brightwork mostly excellent with a few small exceptions. Black leather has light patina to All casting numbers claimed correct for year and model. Cond: 2+. SOLD AT $134,200. There were a number of non-original motor and/or non-original transmission GT350s and GT500s at this auction, and yet one of the few which did the best (aside from the Cobra Caravan GT350R, lot S650) was an automatic transmission GT500KR (lot S638). What's right is still right, but a car with excuses is more and more just a driver in the shrinking muscle market. #S632-1968 DODGE CHARGER Hemi R/T 2-dr hard top. S/N XS29J8B259503. Toreador Red/black vinyl/black vinyl. Odo: 180. 426-ci V8, 2x4-bbl, 4-sp. Mirror-shine paint reflects a thoroughly prepared body. Vinyl top and reproduction interior excellent, engine bay likewise the recipient of a top-notch detailing right down to the correct battery and terminals. Ten-year rotisserie restoration evident, correctness confirmed with Govier inspection. Cond: 1. SOLD AT $101,750. Bidding opened low at $50,000 and started to stall out in the $80s. Here's another fine example of a car Recent Il Biscione sales on eBay by Geoff Archer (All creative English within quotes exactly as presented by sellers on eBay.) #130144626245-1957 ALFA ROMEO ROMEO 2 Cargo van. Silver gray/green. 24 Photos. Tarzana, CA. Cargo van with period roof rack, “used in numerous films, TV series and commercials.” 1300-cc Giulietta w/4 speed. “The top speed is about 55 mph but this amazing little van has a carrying capacity of one ton!” Many layers of flaking paint. white lithium grease, and therefore MUST be disassembled and cleaned.” 24 bids, sf 5, bf 101. Cond: 5. SOLD AT $9,100. Maybe it was the frequent repetition of “motore,” or the commanding journalism of Mr. Buy-and-Hold. I can't say... whatever it was, something about this auction excited 10 bidders to pay $2k too much for this project car. #280094744339-1959 ALFA ROMEO 750D Giulietta spider. S/N AR1495057XX. Eng. # AR131544989. Red/black/ black. 24 Photos. Akron, OH. “Needs restoration, but is a very good starting point seeing it has all the major parts.” Good floors. “Solid metal, no rust or weak metal holes.” Lengthy description details various foibles, blaming most of them on “The PO.” Not operable. “Easy to push.” 30 bids, sf 186, bf 121. Cond: 4. SOLD AT $7,500. “The PO?” “The PO” is not defined by the seller. Post Office? Purchase Order? Willy and the PO Boys? Oh, I get it, you must mean the Previous Owner. I'm not sure that is an authorized car guy acronym. I'm not PO'ed... I'm just saying.... Sold for market value as a solid project. ♦ November 2007 117

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Russo and Steele Monterey, CA Column Author restored during the muscle craze but finished a little late in the game. The reserve was pulled at $90,000, which was a combination of reasonable reaction to the current market and a little bit of desperation to move the car before the seller lost any more money. Given the attraction many have for cars of this caliber, I'd say it was still well-bought given the thorough work performed. #F425-1968 CHEVROLET CAMARO Z/28 coupe. S/N 124378N439006. Matador Red & white/red vinyl. Odo: 61,104 miles. 302-ci V8, 4-bbl, 4-sp. Recent high quality restoration without flaws. Paint degassing, but no waves or surface preparation issues detected in jambs, under doors, or on cowl. Quality of restoration uniform inside and out, down to build coding paint marks in engine compartment and fully restored California emissions equipment. 15-inch Rally wheels and obvious and would be an easy fix. Cond: 2+. SOLD AT $181,500. Last seen at BarrettJackson's Scottsdale event in January '07, where it sold at $247,500 (SCM# 44189). The seller was behind Publisher Martin and me after this car crossed the block, and he mentioned the previous sale and the price paid there. A nice car with interesting provenance, but it was likely wise to get clear of it before the decline continues further. #S641-1970 CHEVROLET CHEVELLE SS convertible. S/N 136670L147752. Fathom Blue & white/white vinyl/white vinyl. Odo: 70,432 miles. 396-ci V8, 4-bbl, 4-sp. One of six L78 convertibles, and the only one with an M20 4-speed. While car is claimed original, paint appears to have been done to a very high standard along with at least the convertible top and some trim. Bench vinyl seat and dash may well be excellent originals, with only minor dirt and slight wear to edge of driver's seat. Cond: 1-. SOLD AT $166,100. Initially, this car just wasn't good enough for anyone, GT500 KR (lot S638) later on in the evening, and commitment to this also-ran example without complete documentation was hard for the auctioneers to secure. Well-bought, even in the current market. #S664-1970 PLYMOUTH SUPERBIRD 2-dr hard top. S/N RM23V0A172656. Lemon Twist Yellow/black vinyl/white vinyl. Odo: 21,705 miles. 440-ci V8, 3x2-bbl, auto. A lowmileage unrestored original Superbird. Almost unbelievable paint if claims are to be believed, and no signs point to the contrary. Vinyl top starting to pull away at both C-pillars. Original bench-seat-equipped interior in very well-preserved condition. Otherwise unrestored engine compartment dolled up with chrome valve Redlines a nice period touch. Cond: 1-. SOLD AT $80,300. It says something when a high performance muscle car is restored with its air pump, check valves, and exhaust manifold pipe networks. The seller's $75,000 reserve would not have been difficult to meet, but it was pulled to meet the high bid a few thousand lower when the hammer fell. The quality of this restoration was on par with that of fine European classics. Very well bought by someone probably looking at lesser cars in six-digit territory this time last year. #S638-1968 SHELBY GT500 KR fast- back. S/N 8T02R20170902263. Acapulco Blue/black vinyl. Odo: 32,696 miles. 428-ci V8, 4-bbl, 4-sp. The very first production GT500 KR. Claimed all-original prototype with original sheetmetal and matching numbers. SAAC restoration. Paint nearly flawless, some chrome issues indicate bumpers are original. Interior either original or from N.O.S. materials. Engine bay tidy, broken upper shock bushing in the right front is glaringly the seller included, and the auction hammered closed at $141,000. Very shortly thereafter the bidding started up again, the reserve was pulled, and the bidding soldiered on another $10,000 with a few bidders duking it out. This car reflected all the money if the Chevelle LS6s here were any indication of the present state of this market. #S626-1970 SHELBY GT500 fastback. S/N 0F02R482939. Grabber Blue & white/ white vinyl. Odo: 48,339 miles. 428-ci V8, 4bbl, 4-sp. Beautiful repaint of a factory DragPack car; only exterior issue is a wide front door gap to the left front fender, which may be as-built. Brightwork and chrome without obvious fault, interior likewise nicely restored with correct materials. Engine bay very presentable without being overdone. A rare car with covers and an incorrect generic battery with thumbwheel cutoff switch. Cond: 2+. SOLD AT $93,500. Despite the exodus of bidders late in Saturday's run, a crowd formed as the yellow-spoilered Superbird entered the Marriott. Yet we have another car that, in such a high state of clean originality, would have brought a multiple of the final bid just a year or two ago. #S621-2000 SHELBY COBRA FIA road- ster. S/N CSX7010. Black/black vinyl. Odo: 544 miles. 289-ci fuel-injected V8, 4-sp. Asnew with a little wear from a couple of race weekends. Black paint is not overdone, decals and stripes executed nicely. Race-prep work done to safety specs including fuel cell, fire system, harnesses, seat, and engine compartment preparations. Cond: 1-. SOLD AT $102,300. a factory 4-Speed and Drag Pack. Cond: 1-. SOLD AT $72,600. Selling at no reserve was probably not wise with this car, as it was one of many GT500s and similar Mach I Mustangs. Perhaps its biggest competition was the '68 118 What do you do with it? If it is to be used as a race car, the authenticity factor over a Factory Five or Superformance is negligible, especially with the mechanical and cosmetic stresses any competition car goes through. Even though this was an FIA-prepared 7000-series Shelby continuation car, the future market could be bleak for decades. The bid was strong, but not overly so, and if the end user just wants to take it out and flog it, there's a lot less fun out there for a lot more money than this.♦ Sports Car Market

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'58 MERCEDES 300SL ROADSTER chassis #7500438, engine #7500452 An outstanding example with factory hard top. '53 FERRARI BARCHETTA 166/53 Competition Barchetta by Oblain The only thing more stunning than its present condition is its documented provenance in major international events. '56 PORSCHE SPEEDSTER Probably one of the last barn finds. Straight, in need of complete restoration. Sold: '48 DELAHAYE 135M by Southchik A superb two door cabriolet in good running condition, featured in several books on French coachbuilders. Raymond Milo, le Patron bbone@dslextreme.com cell 323.864.0999 8375 Hollywood Boulevard, Los Angeles, CA fax 323.654.8788 phone 323.656.7483 90069 By Appointment Only Please �������

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Kruse International Seaside, CA Column Author 4th Annual Vintage Car Auction The no-show of many headliners and a leaky white tent saw results drop over $500k from '06 ITALIAN #411-1959 FIAT ABARTH Double Bubble coupe. S/N 100654000. White & blue/blue vinyl. Odo: 38,471 miles. Coachwork by Zagato. Claimed to be a recent restoration, but did not show as such. Evidence of multiple repaints and corrosion in both A-pillars, obvious bubbling and paint checking visible. Front and rear windscreen seals sloppy. Interior tidy, but with incorrect materials and a less-than-perfect Not sold at $37k, 1960 Plymouth Fury the story of the day Report by William “Chip” Lamb, photos by Lamb and Dr. Haines Ely Market opinions in italics T he fourth installment of the Kruse auction held alongside Concorso Italiano at the Black Horse Golf Club in Seaside has had trouble living up to expectations in the past, and this year was no different, with a final sell-through rate just south of 21%. I don't quite know to what we should attribute this company's consistently unimpressive track record on the peninsula, but the no-show of several headliners, a $100 entry fee to Concorso required to get into the Kruse auction, the nonItalianate focus of the bulk of its consignments, and an incredibly leaky white circus tent with exterior dew falling onto everything beneath were certainly all factors this year. The lots on offer were largely uninspiring, ranging from a small handful of dealer-consigned late model Ferraris and two well-used 2005 Maserati Challenge cars to several full classics and a number of American muscle cars. Amid the large number of no-sales on the block, there were several decent deals to be had. A 1969 Mustang Mach 1 Cobra Jet fastback with documentation found a new home at $59,940. An interesting but rather dull and documentation-free 1935 Cadillac V12 Fleetwood coupe that was reportedly original and from the long-gone Thomas Collection sold at $104,760—a number that will look cheap if the provenance can be proven. However, this year's final Sales Percentage 100% 80% 60% 40% 20% 2007 2006 2005 2004 Company Kruse International Date August 17, 2007 Location Seaside, CA Auctioneer Dean Kruse Automotive lots sold / offered 10 / 48 Sales rate 21% Sales total $523,098 High sale 2006 Ford GT coupe, sold at $151,200 Buyer's premium 8%, included in sold lots total of $523k fell dramatically from last year's $1m, which itself was due mainly to the sale of the Ex-Benito Mussolini 1937 Alfa Romeo 8C 2300 that brought $426k (SCM# 42819). Even without the Alfa, numbers this year were down nearly $115k, showing that both consignments and bidders were simply elsewhere on the peninsula during the auction. Kruse will undoubtedly regroup before coming back in '08, and with any luck, a new formula will emerge to bring more high-end consignments and more bidders to next year's Monterey event. ♦ 120 market bumpers and safety equipment fitted. An original blue plate California car, not a mystery gray-market example. Cond: 2+. NOT SOLD AT $29,000. One of the more honest and nicer cars at this event. This just goes to show that putting an Italian car in an auction at a grand Italian car show is still not a sure sale. Since the owner was not present but the bid was likely in the ballpark, it was put aside for confirmation... but it remained unsold at the end of the day. #399-2004 FERRARI 360 F1 Spyder convertible. S/N ZFFYT53R640136152. Red/tan cloth/tan leather. Odo: 3,000 miles. A Sports Car Market fit. Engine reported to have undergone a recent overhaul and rewiring job, the latter not to a restoration-quality standard. Cond: 3+. NOT SOLD AT $88,000. I'm not quite sure what you'd do with this car aside from try your hand at vintage racing—although I think the body might be even more fragile than our auction inspection suggests. #410-1973 LAMBORGHINI ESPADA S III coupe. S/N 9456. Coral Red/black leather. Odo: 20,808 miles. Very nice, apparently unrestored body with minor fading to plastic items, such as side marker lenses and emblems. Leather even nicer than exterior, in nearly unbelievable original condition. Exterior brightwork shows minor use, but also appears unrestored. Engine bay clean, with claimed recent service and suspension upgrades. U.S.

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Kruse International Seaside, CA Column Author nearly-new dealer consigned car once owned by baseball slugger Barry Bonds, gifted to him by sponsor Fila. Paint and interior reflect low mileage. Chrome Symbolic mags detract from the car, one is missing a cap and shows minor scuffing. Custom fitted luggage and a custom sound system added. Cond: 1-. NOT SOLD AT $170,000. Though Bonds just beat the Hank Aaron record, his ownership did little to improve the resale of this late-model used exotic. The bidding pattern was the same as the F430 (lot 394), and the car stalled at the same price. Even through the reserve had been dropped to $250,000 from an earlier and very optimistic $300,000, the car stayed with the seller. #396-2005 MASERATI TROFEO Gran Sport Challenge coupe. S/N 9876. White & blue/blue velour. Odo: 2,950 km. Exterior shows minor scuffs and scrapes from competition use, some series paint repairs in small places but no attempt made to extensively freshen car for auction. Interior relatively bare and featuring OMP race seats. Engine bay also shows in as-raced condition. Catalog claimed for the U.S. market. Cond: 2+. NOT SOLD AT $265,000. Ferrari of San Francisco tags on the car were a definite indicator of this car's origins, and perhaps that of the other three late-model prancing horses at this Concorso Italiano sideshow. Bidding was a bit more impressive than on the 430, but the car still remained unsold as it rolled off the block. AMERICAN #416-1936 PIERCE-ARROW 1602 4-dr sedan. S/N 3140041. Dark blue/gray velour. Odo: 51,744 miles. Late Pierce-Arrow dual-sidemount non-partition formal sedan. Prehistoric paint and pinstriping show minor finish issues throughout, especially around panel edges. Older vinyl roof inset. Velour interior incorrect, but correct patterns used on seats and door panels. Minor age issues to dashboard and steering wheel, some pot metal pitting throughout interior and exterior. Engine bay tidy but not overly detailed. Cond: 3+. AT $104,760. An interesting period full classic; sadly, without documentation of any kind, this car ended up being sold reasonably well based only on the rumor that it once resided with the Thomas Cadillac dealership collection of low-mileage original cars. I call this one well bought; V12 Cadillacs which run as quietly as this example are only increasing in value, and if provenance becomes provable, it'll be worth more right off the bat. #421-1940 PACKARD 110 convertible. S/N 13894397. Brown/tan cloth/tan vinyl. Odo: 28,300 miles. Older brown lacquer repaint shows its age, along with similarly aged but still preserved light tan cloth convertible top. Decent older restored chrome and brightwork unique and significant recent competition history. One of four raced, and one of two offered at this event. Cond: 2-. NOT SOLD AT $77,500. Akin to a Ferrari Challenge car, both this and lot 397, a nearly identical Trofeo, showed premature aging through competition use. Sold on bill of sale only, both of these cars offered an uncertain future for a prospective high bidder. Competition venues are limited, and street use would be absolutely out of the question. #398-2005 FERRARI 575 Superamerica convertible. S/N ZFFGT61A550144202. California Blue Metallic/light blue leather. Odo: 1,500 miles. Evidence of very hard buffing of car's exterior extended to a completely abraded “Pininfarina” emblem on right C-pillar buttress. Unusual interior color scheme but condition in line with mileage. Engine bay only slightly dirtier than when it came off the boat. A dealer demo, perhaps. One of 139 built 122 NOT SOLD AT $48,000. Last seen at Silver's Fort McDowell sale in January '07, where it sold at $49,140 (SCM# 44122). The restoration here looked to be approximately half the age of the car. Going across the block was a real challenge, as the aluminum-head V12 popped and backfired all the way out of the tent and then back in for its second appearance. As it warmed up it ran a bit better, but these conditions were very obvious to the few interested parties in the car and bidding was not overly enthusiastic as a result. #429-1936 CADILLAC V12 coupe. S/N 4100743. Blue/gray wool. Odo: 3 miles. A very rare opera seat coupe. Older repaint or very nice original paint job has some minor lacquer bubbling from age on top surfaces, including hood. Brightwork in excellent shape with very little potmetal pitting. Beautiful correct interior likely original. Engine compartment clean without a great deal of detailing. Ancient tires help the originality rumour. Cond: 2. SOLD better than just presentable. Period restoration vinyl interior with matching convertible top boot. Dusty old dash and cracked Bakelite steering wheel are minor detractors. Engine bay presents well, and this classic actually ran and drove somewhat well prior to being sold. Cond: 2-. SOLD AT $56,700. Another example of a wheezing, dusty, old '60s or '70s restoration of a pre-war classic not keeping pace with the average quality of restoration today. The reserve had been $70,000, but consignor was counseled to pull it at $52,500, which was the final bid. Well sold, but convertible Packards continue to track upwards, so it may appreciate further even in its current condition. #412-1958 CHEVROLET IMPALA 2-dr hard top. S/N 8174749365. Light blue metallic/white/light blue vinyl. Odo: 45,150 miles. 283-ci V8, 4-bbl, auto. Older repaint shows signs of age and use wear, with swirl marks throughout and paint prep issues on leading edge of hood. Accessory two-foot extension Continental kit a detractor compared to more subtle original style. Headlight mirror hoods, window decals, and other kitsch left on the car for the sale. Interior tidy and presentable, engine bay lightly detailed but not show quality. An older amateur restoration or a tidy original Sports Car Market

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Kruse International Seaside, CA Column Author the Corvette buyers in the area were more likely paying very careful attention to cars in downtown Monterey rather than the ones at Concorso Italiano. Bidding remained strong through $80,000, then tapered off and stopped at $85,000. The seller was wise to hang on to it, as there should be close to six-digit money out there for it. with some refreshing. Cond: 2-. SOLD AT $56,700. One of the few hammer sales of the event, this Impala impressed those observing the auction. Despite the wealth of accessories and “personal taste items” detracting from the car as a whole, it still sold for a decent amount of money. Well done by the seller. #426-1959 PLYMOUTH SAVOY Richard Petty Replica 2-dr sedan. S/N M234101923. White & blue/light blue/blue cloth. Odo: 69,850 miles. 318-ci V8, 4-bbl, 4-sp. While presentable, paint finish quality uneven as though panels done at different times. Slight gap and bumper alignment issues throughout, exterior brightwork bordering on rough. Interior materials and trim very presentable. Engine compartment clean and runs strong, with a sound like the sort of mildly-tuned this car had almost no pop left. As bidding tapered off, everyone agreed that the last number was all the money and more, and the car rolled away unsold. #400-1967 CHEVROLET CORVETTE convertible. S/N 194677S103753. Eng. # S103753. Maroon/white vinyl/black vinyl. Odo: 59,037 miles. 427-ci 435-hp V8, 3x2bbl, 4-sp. Older restoration beginning to show age throughout. Paint shows slight lacquer bubbling in hood and numerous rock chip touch-ups. Numerous swirl marks indicate many rebuffing jobs. Interior shows well, but #425-1969 SHELBY GT500 fastback. S/N 9F02R482174. Wimbledon White/black vinyl. Odo: 81,633 miles. 428-ci V8, 4-bbl, auto. Claimed to be an unrestored original car with part of its recent life spent in Australia and New Zealand, Marti report bears out much of this claim without doubt. Paint and trim nice, with even factory gaps and well-cared-for stripes and details. Slight flaws to front bumper. Interior tidy and complete. Engine bay undetailed and slightly dirty throughout, but does not appear to engine original NASCAR racers had. Cond: 2-. NOT SOLD AT $27,000. Despite Petty's signature on the fender and a wealth of decals and other detailing, the car was not a street machine nor vintage race prepared. It had a small amount of potential for a NASCAR or small car museum, but with no authenticity and no real purpose other than to attract gawkers, the bidding died out in the mid $20s with a long way to go in order to sell. #424-1960 PLYMOUTH FURY Golden Commando convertible. S/N 3301121350. Maroon/black vinyl/red & black vinyl. Odo: 30,236 miles. 361-ci V8, 4-bbl, auto. Average older paint with somewhat wavy sides, dull chrome appears overbuffed and wavy at under 20 feet. Interior unusual multi-color pattern on swiveling buckets. Once translucent steering wheel looks yellowed and crackly. Tidy engine compartment not overly detailed, and one of the last vestiges of the older restoration. An unusual car with an unusual museum quality restoration. Cond: 3. NOT SOLD AT $37,000. Having visited the Henry Ford Museum in Detroit recently, I saw static cars at 20 feet in low light that represented their period in time—but were by no means well restored. At close range, 124 material appears incorrect when compared to others. Clean and not overly detailed engine compartment more correct than most. Cond: 2. NOT SOLD AT $120,000. Claiming to be a former NCRS-winning example consigned by Corvette restorer Mike Hathaway, this example was starting to lose its freshness in many different areas. Compared to high bids elsewhere on the peninsula this weekend, the amount this example attained can be considered on the money considering its needs. #427-1967 CHEVROLET CORVETTE convertible. S/N 194677S107853. Eng. # S107853. Yellow/white vinyl/black leather. Odo: 63,973 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Nicely refinished body shows a few gap issues, including around headlight doors. Minor curb rash on wheel trim rings, other brightwork in very good shape with very few distractions. Top and seats also new and in good order, seat material quality very high. Engine bay dressed up with chrome valve covers and a few other non-original items. Radiator cap and alternator have modern parts-store markings. Cond: 2+. NOT SOLD AT $85,000. Not too surprisingly, have been tampered with to any degree. Cond: 2. NOT SOLD AT $111,000. The seller might have achieved a price closer to his antiquated windshield sticker price of $375,000 with a thorough engine bay detailing, but nobody is getting anywhere near that sort of price any longer with GT500s—especially ones fitted with an automatic transmission. #434-1969 FORD MUSTANG Mach 1 Cobra Jet fastback. S/N 9F02R173519. Calypso Coral Red & black/black vinyl. Odo: 3,806 miles. 428-ci V8, 4-bbl, 4-sp. Exterior reflects a careful restoration, disclosed color change from Black Jade appears well-executed. Some minor prep issues visible around the edges, but with no evidence of old paintwork showing through. Interior a very nice reproduction or well-preserved original. Engine bay well-detailed with engine and Ram Air hood claimed original, CA smog equipment still fitted as well for a period look. Cond: 2+. SOLD AT $59,940. All the documentation was present for this car, but the seller was wise to pull his higher reserve when bidding reached $55,000. A very presentable example of a mostly-correct Cobra Jet fastback, and a minor deal, even in this market.♦ Sports Car Market

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������������������������ 1959 Porsche Convertible D Race Car-Fresh Engine & Paint $69,500 1966 Austin Healey 3000 4 Speed with O/D $39,000 ����������� ������������������� ������������������� ������������������ ������������������ Too many modifications to list. $100,000 1953 Porsche 356 Outlaw 1987 Porsche 930 Turbo Blue/Blue 66k miles $34,900 1972 Porsche 911E California Car in Excellent Condition $38,000 1962 Austin Healey 3000 Tri-Carb $35,000 1954 MG TF 1973 Triumph TR6 Triple carb setup $15,500 Older restoration still in excellent condition-fresh engine rebuild-gas tank cleaned and resealed. $22,500 1969 Zink Formula Vee Cricket Farm Motor $11,500 wwwVisit our Web Site at .foreigncoachworks.com Vintage IMSA GTX Porsche/SVRA/HSR Legal-Make Offer 1986 Porsche 1987 Porsche 928 S4 Showroom New Concour Automobile $28,500 Omega Gold/Tan.New Brown Top New Springs, Shocks, Tires, Exhaust. $8,900 1984 TVR

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eBay Motors Online Sales Column Author Frankencars Who is the target market for a fiberglass MG TD with dragster wheels, a trailer hitch, and a front-mounted V8 grafted to a VW pan? Report by Geoff Archer Market opinions in italics I f your daily driver just isn't cutting it anymore, why not upgrade? This month's report focuses on cars that got a few changes from stock— both by owners and professional tuners—and all in the name of “performance.” 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 #220039037575-1971 MG MIDGET convertible. Yellow/black vinyl/black & yellow vinyl. Odo: 120,000 miles. 9 Photos. Gloucester, MA. “1971 MG Midget mounted on a 1987 Suzuki Samuri frame and drive train. It was done about 8 years ago by someone on Cape Cod for driving on the beach and offroad... 4-spd. tranny with 4 wheel drive and low range. It runs and drives great and most everything works. The body has a few rust spots and could '80s M-B alloys. “TO FIT THE LARGER MOTOR A FRAME ALTERATION WAS DONE. ALL THIS WORKED FINE BUT FOR SOME REASON THE RADIATOR WAS MOUNTED IN THE TRUNK. DON'T ASK ME WY.” 20 bids, sf 74, bf 233. Cond: 5. SOLD AT $6,900. 190SLs are notoriously underpowered, and this Ford drivetrain could use new paint to look real good. Basicly it is very solid just needing cosmetics to clean it up. I have both titles but the vin.#'s visable are the 1971 MG.” 13 bids, sf 8, bf 0. Cond: 4-. SOLD AT $2,500. Old Japanese frames and British car bodies are notoriously rust prone... not exactly my specs for a salt-air sand buggy. With regards to value, we all know that two wrongs don't make a right: Neither half of this car was collectible, reliable, or even desirable. Together, well, it still didn't add up. #140139139797-1956 MERCEDES 190SL convertible. S/N 5501089. Gray primer/rusty steel. 18 Photos. Auburn, CA. V8 engine swap; “289 FORD WITH AUTO TRANSMISSION, AND A FORD REAR END. PART OF THE TUNNEL WHERE THE DRIVESHAFT RUNS IS CUT OUT, TO GIVE EASY ACCESS TO THE DRIVESHAFT AND TRANS. I TURNED OVER THE ENGINE BY HAND IT IS FREE I THINK IT WILL START.” Bondo in doors. Rust here and there. 126 really be fun (an adjective few people use with 190SLs). It sure would be cool to have a 289SL badge made up for rear decklid. However, I recently saw a completed V8 190SL sell for less than twice this amount. The concept has its merits, but this example did not. Well sold. #280056774403-1973 PORSCHE 911 coupe. S/N 9113103015. Red/black. 8 Photos. Racine, WI. 964 C2 body kit with flares. Fat Gotti wheels. “Body and paint work needed.” You can say that again. “Engine preformance upgrades started... 4cyl aircooled block and mofoco racing heads installed. Assembly needed with intake twin webber carbs and linkage, fan and shrouds or convert to american V8... 915 4spd.” 8 bids, sf 1, bf 14. Cond: 4. SOLD AT $5,901. Did that listing actually say “mofoco?” Did they mean FoMoCo? On an air-cooled 4cylinder engine? I'm thinking ‘mofo' is actually rear brakes, adjustable koni shocks and larger axles... AND NO RUST. Handles and stops on a dime.” 4 bids, sf 693, bf 17. Cond: 2. SOLD AT $12,500. Priced somewhere between a perfect 914 and a needy 914-6, this seemed like a great compromise. It will accelerate faster than an OEM 6-cyl., but it won't appreciate at the same rate. A fair deal for both sides. #180040100788-1947 FIAT TOPOLINO coupe.Yellow/black vinyl. 5 Photos. Gardena, CA. “All Steel body is in Excellent Shape. The body is mounted on an altered 1979 Ford Courier pick-up chassis... no fenders... powered by a 2.0L 4cyl. engine equiped with daul side draft carbs and backed with a a great way to describe transforming a lithe long-hood 911 into an unwieldy wide body festooned with fiberglass panels and downgraded to 4-banger power. Price might have been OK for a PCA track car chassis donor; otherwise ,this was a deal only a mofo could love. #110027451778-1976 PORSCHE 914 roadster. S/N 4762902841. Red/black/black vinyl. Odo: 15,000 miles. 18 Photos. Villa Park, CA. “This 914/6 conversion is owned by a independent porsche repair shop owner who built the car himself and sparred no expense... 2.7 liter modified motor with weber 40 modified carbs and carrera notched pistons and S cams. THIS CAR ABSOULUTLY SCREAMS, NOT FOR THE WEAK HEARTED... 901 transmission, carrera front suspension, carrera 5 speed trans. It runs and drives GREAT. The floor and interior need to be finished... BILL of SALE ONLY!!!... What you see is what you get.” 33 bids, sf 120, bf 138. Cond: 4+. SOLD AT $2,768. How would you decide how to finish this car? The seller suggests “hot rod” Sports Car Market

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Fresh Meat and “rat rod.” What about drift car, import dragster, hillclimb special, dune buggy, Baja pre-runner, or grass track (U.K. style)? Try to get into the Goodwood Revival and destroy the Bantam and Austin 7 class? I think I would just paint a number on the door and tell people it's the mother of all “legends” cars. Lots of fun for less than the cost of a clutch job in your exotic. #300114901742-1987 SUZUKI SAMURAI jeep. S/N JS3JC51C4H4177335. White/black vinyl/gray vinyl. Odo: 88,087 miles. 6 photos. Elgin, SC. “THIS IS A RARE SUZUKI SAMURAI WITH A 12A ROTARY ENGINE.” Donor of engine, trans., and rear end was a 1985 Mazda RX7. “IS A LITTLE FAST RIDE I JUST TAKE IT OUT ON WEEKENDS TO CRUISE the Mystery Par caption contest comes later in the magazine. I say it's hysterical, but I wouldn't pay half as much, and if I did, I know I'd never get all my money back. #170051122535-1963 SHELBY COBRA roadster. S/N 2055. Black/black/black. Odo: 30,590 miles. 25 Photos. Car stored in San Francisco. Consigned to eBay seller from Memphis, TN. “THE REAL DEAL... UNMOLESTED, ALL ORIGINAL, MATCHING NUMBERS, ETC. THE MILEAGE IS ACCURATE--30590. DRIVEN THROUGH THE STREETS OF SAN FRAN JUST A FEW MONTHS AGO AND IS EXERCISED FAIRLY REGULARLY. THERE Online sales of recent production cars. 2008 Mercedes-Benz GL320 CDI Date sold: 08/16/2007 eBay auction ID: 280142207965 Seller: Napleton's Autowerks of Bourbonnais, Bourbonnais, IL, www.napletons.mercedescenter.com Sale Type: New car in stock Details: Black/black. Diesel 20 mpg city/25 mpg highway, 4Matic, DVD, Navigation Sale result: $69,615, 10 bids, sf 21, bf 52 MSRP: $53,775 Other current offering: Tysinger Motor Company, Hampton, VA, www.tysinger.com, asking $62,580 for similar black one. AROUND WITH THE FAMILY.” (somebody please call Social Services) 26 bids, sf 20, bf 0. Cond: 3. SOLD AT $2,600. Never pay for a family pass to Six Flags again... This thing will keep the family sunburned, terrorized, and giggling any day of the week. Throw on some cheap open-faced helmets and wig out the autocrossers! Worth trying it out at this price. #4603631086-1952 MG TD Replica road- ster. S/N 116702014. Metallic BRG & black/ black vinyl/green vinyl. Odo: 3,624 miles. 23 Photos. Pahrump, NV (where else?). “1952 MGTD Roadster Replica, Powered by a Chevy V8 Engine with 5-Speed Trans. 33 x 21.5 Mickey WILL UNDOUBTEDLY BE PLENTY OF QUESTIONS ABOUT THIS EXTRODINARILY RARE OPPORTUNITY.” 37 bids, sf 8, bf 3. Cond: 3. SOLD AT $375,400. I should post this on Wikipedia as the definition of “Sketch!”Perhaps even more rare than a 289 Shelby in a parking garage full of dilapidated 914s and Beetles is the consumation of a mid-six figure eBay transaction involving two people with single-digit feedback, horrid photos, cheesy text, minimal useful information, and more red flags than a communist limo. #4625514763-2005 WCM ULTRALITE Super 7 Replica roadster. S/N 4625514763. Yellow & polished aluminum/aluminum & black cloth. Odo: 108 miles. 5 Photos. Tampa, FL. Lotus 7 replica. “S2000 Honda powered. 060 in 3.5 and 60-0 in 100 feet. Street legal 1200 pounds.” Honda 6-speed, Subaru rear, polished body, adjustable Alfa spyder steering wheel, and “modified seats that actually fit 6' + and/or 200 2008 Dodge Viper SRT-10 Coupe Date sold: 08/27/2007 eBay auction ID: 200142986753 Seller: Auto World of Ft. Myers, Ft. Myers, FL, www.autoworldftmyers.com Sale Type: BIDDING ON AMOUNTOVER MSRP, NOT CAR ITSELF Details: Snakeskin Green Pearl Coat/black. 8.4-L V10, 600 hp, 560 lb-ft torque Sale result: $52,600, 24 bids, sf 11, bf 1195 MSRP: $88,145 Other current offering: Specialty Cars of Sarasota, Sarasota, FL, www.specialtycarsofsarasota.com, asking $83,900 for roadster with $86,820 MSRP. 2008 Mercedes-Benz CLK63 AMG Black Edition Thompson's, Crager Wheels, Convertible Top with Cover... weighs about 2000 lbs. ‘Lightning fast.' This car is street legal and currently registered. The Wife says ‘Get it Out of the Living Room!' It could stand a new paint job and maybe carpet. Top is in excellent condition.” 2 bids, sf 519, bf 21. Cond: 3-. SOLD AT $5,000. Displacement is not mentioned. Does the target market care? Who is the target market for a fiberglass replica of an MG TD with dragster wheels, a trailer hitch, and a a front-mounted V8 grafted onto a VW pan? Hold that thought; November 2007 lb drivers as well as drivers with 35” inseams.” Never raced. Looks new. “NO SILLY PIE-INTHE-SKY TIME WASTING RESERVE.” 1 bid, sf 2570, bf 10. Cond: 1. SOLD AT $25,000. For this price you could buy a Caterham S7 replica typically with Ford power and a 5speed, a real vintage-racing-legal Lotus Super 7 with needs, a used yellow Honda S2000 and a trailer full of tires, or this wicked amalgam. It wasn't a bargain, but it certainly was an inspired choice. ♦ Date sold: 07/22/2007 eBay auction ID: 220130770482 Seller: Mercedes-Benz of Westminster, Westminster, CO, www.mbwestminster.com Sale Type: New car in stock Details: Silver/black. One of 350 built Sale result: $147,000, 1 “Buy-It-Now” bid, sf 13, bf -1 MSRP: $138,375 Other current offering: Mercedes-Benz of Pittsburgh, Pittsburgh, PA, www.mercedesbenzofpittsburgh.com asking $138,375 for silver car.♦ 127

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Automotive Investor Every Sold Car at Monterey 2007 Year Make 1957 1985 1931 1933 1956 1956 1971 1972 1957 1953 1954 1938 1962 1964 1932 1966 2003 1955 1961 1962 1959 1957 1938 1936 1932 1955 1955 1955 1967 1960 1962 1966 1967 1969 1961 1935 1931 1956 1956 1886 1886 AC AC Alfa Romeo Alfa Romeo Alfa Romeo Alfa Romeo Alfa Romeo Alfa Romeo Alfa Romeo Allard Allard Alvis Amphicar Amphicar Ardun-Ford ASA Aston Martin Aston Martin Aston Martin Aston Martin Aston Martin Astro Sled Atalanta Auburn Auburn Austin-Healey Austin-Healey Austin-Healey Austin-Healey Austin-Healey Austin-Healey Austin-Healey Austin-Healey Autobianchi Autobianchi Bentley Bentley Bentley Bentley Benz Benz 1965 BMW 1965 BMW 1957 BMW 1958 BMW 1979 BMW 1934 1930 1927 1927 1928 1937 2007 1969 1969 1910 1937 1953 1953 1954 1938 1953 1953 1932 1965 128 Model Ace Bristol Cobra Mk IV 6C 1750 Spyder 8C 2300 Monza Spider Giulietta Sprint Giulietta Super Spyder Montreal Coupe Montreal Coupe Spider Veloce Monoposto JR Cadillac Le Mans Roadster K2 Roadster Speed 25 770 Convertible 770 Convertible A/V8 Roadster Blue Boy 1000 Spyder DB AR1 DB2/4 Mk II Fixed Head Coupe DB4 Coupe DB4 GT DB4 GT Factory Lightweight Bubbletop Short Chassis 852 Supercharged Boattail Speedster V12 Speedster 100 BN2 Roadster 100-4 BN2 Roadster 100M Le Mans Roadster 3000 BJ8 Mk III Sports Convertible 3000 Mk I BT7 Sports Convertible 3000 Mk IIA Roadster 3000 Mk III Phase II Convertible 3000 Mk III Phase II Convertible Bianchina Cabriolet Bianchina Transformabile Speciale 3 1/2-Liter Aerodynamic Saloon 4 1/2 Liter Roadster S1 Coupe S1 Sports Saloon Patent Motorwagen Patent Motorwagen Replica 3200 CS Bertone 3200CS Isetta 300 Brisko-Dreyer Bugatti Bugatti Bugatti Bugatti Bugatti Bugatti Buick Buick Buick Buick Buick Buick Buick Buick Buick Buick Cadillac Cadillac Isetta 300 Coupe M1 Coupe Sprint Car Type 35B Grand Prix Race Car Type 38 Touring Car Type 40 2-Seater Type 52 Toy Car Type 57 Ventoux Coupe Veyron Coupe Electra 225 Convertible Electra 225 Convertible Model 10 Toy Tonneau Roadmaster Touring Sedan Resto-Rod Skylark Convertible Skylark Convertible Skylark Convertible Special Model 46C Super 8 Convertible Super Estate Wagon 452-B V16 Imperial Limousine DeVille Convertible Sold Price Auction $154,000 G&C $66,000 RM $946,000 G&C $907,500 RM $48,400 G&C $90,200 R&S $28,600 G&C $30,250 RM $99,000 RM $341,000 RM $63,250 RM $330,000 G&C $55,000 R&S $60,500 RM $143,000 RM $99,000 G&C $187,000 RM $121,000 RM $222,750 R&S $880,000 G&C $1,650,000 RM $90,750 R&S $258,500 G&C $423,500 CHR $440,000 G&C $73,700 G&C $82,500 CHR $55,000 CHR $88,000 RM $71,500 RM $60,840 B&B $68,200 CHR $49,500 CHR $27,500 RM $41,800 G&C $194,000 B&B $4,510,000 G&C $577,500 G&C $46,200 G&C $115,500 G&C $53,820 B&B $22,500 RM $126,500 G&C $28,600 G&C $35,200 RM $121,000 RM $55,000 RM $605,000 RM $220,000 G&C $165,000 CHR $44,000 CHR $412,500 RM $44,000 G&C $33,000 RM $22,000 RM $35,200 CHR $28,600 RM $93,500 CHR $20,900 CHR $143,000 R&S $61,600 G&C $38,500 RM $105,600 G&C $87,750 B&B $30,250 RM Lot # 35 277 167 547 48 S625 18 507 265 562 223 164 S612 246 244 19 596 527 S656 153 557 S646 151 42 140 166 76 63 525 250 472 53 86 202 26 420 112 30 156 131 403 301 60 31 217 600 546 553 109 91 90 555 44 281 508 33 300 46 47 S629 15 290 110 443 205 Year Make 1957 1957 1953 1953 1960 1955 1930 1930 1934 1903 1953 1948 1947 1938 1935 1931 1931 1933 1912 1957 1957 1953 1957 1957 1969 1969 1969 1969 1971 1977 1969 1968 1970 1969 1969 1971 1970 1970 1967 1970 1970 1970 1970 1970 1970 2003 1962 1964 1957 1960 1957 1959 1960 1960 1960 1963 1966 1965 1967 1967 1967 1966 1967 1967 1957 Model Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Cadillac Chalmers Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Eldorado Biarritz Convertible Eldorado Brougham Eldorado Convertible Eldorado Convertible Eldorado Convertible Fleetwood 75 Limousine Model 452 V16 Model 452A V16 Roadster Model 452D V16 Rear Entrance Tonneau Series 62 Convertible Series 62 Custom Sedanette Series 62 Sedanette Series 90 V16 Imperial Town Car V12 Coupe V12 Roadster V16 Roadster V8 355C Phaeton Torpedo Roadster Bel Air 2-Door HT Bel Air Convertible Bel Air Convertible Bel Air Convertible Bel Air Nomad Camaro 427/425 Coupe Camaro COPO Coupe Camaro Coupe Camaro Coupe Camaro F71 Hotchkis Camaro IROC Race Car Camaro Sunoco Penske Trans-Am Camaro Z/28 Coupe Camaro Z/28 Coupe Camaro z/28 FIA Racing Car Camaro Z/28 Sport Coupe Chevelle LS5 Convertible Chevelle LS6 Convertible Chevelle LS6 Convertible Chevelle Malibu 2-Door HT Chevelle SEMA Car Chevelle SS 454 Convertible Chevelle SS 454 LS6 2-Door HT Chevelle SS 454 LS6 2-Door HT Chevelle SS 502 Chevelle SS L78 Commemorative 1953 Corvette Corvette Corvette Corvette 265/270 Convertible Corvette 270hp Corvette 283 Racer Corvette 283/230 Convertible Corvette 283/230 Convertible Corvette 283/230 Convertible Corvette 283/270 Convertible Corvette 327/360 FI Convertible Corvette 350hp Corvette 396/425 Convertible Corvette 427/400 Corvette 427/400 Convertible Corvette 427/400 Coupe Corvette 427/425 Convertible Corvette 427/435 Convertible Corvette 427/435 Coupe Corvette Convertible Sold Price Auction $57,200 RM $110,000 R&S $121,000 CHR $104,500 CHR $52,250 RM $275,000 RM $462,000 G&C $495,000 G&C $616,000 G&C $337,000 B&B $73,700 R&S $121,000 RM $51,700 RM $55,000 B&B $104,760 KI $187,000 CHR $275,000 CHR $440,000 G&C $60,500 G&C $25,380 KI $94,600 R&S $26,400 RM $71,500 RM $52,800 RM $93,600 B&B $199,500 B&B $82,500 R&S $29,250 B&B $25,300 R&S $49,500 RM $71,500 RM $80,300 R&S $35,200 R&S $85,250 RM $172,000 B&B $60,500 R&S $89,100 R&S $72,600 R&S $28,080 B&B $36,300 R&S $79,560 B&B $93,600 B&B $91,260 B&B $28,875 R&S $166,100 R&S $77,000 RM $77,000 R&S $49,500 R&S $60,500 CHR $69,300 R&S $115,500 G&C $66,000 CHR $60,500 CHR $55,000 CHR $66,000 CHR $101,790 B&B $58,300 R&S $170,500 RM $70,400 R&S $54,990 B&B $105,300 B&B $121,000 RM $166,500 B&B $144,500 B&B $86,900 R&S Lot # 528 S634 39 44 284 603 57 143 168 412 S614 526 245 418 429 38 54 146 165 422 S620 213 276 263 429 427 F436 439 F423 216 286 F425 F442 226 421 S604 F444 S663 435 S679 437 432 433 F473 S641 240 S615 F472 34 S611 7 37 40 43 48 440 F429 585 F440 438 425 247 428 426 S637 Sports Car Market

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Year Make 1965 1957 1957 1959 1961 1969 1966 1968 1968 1954 1954 2007 1970 1957 1960 1958 1964 1962 1961 1939 1955 1966 1957 1947 1949 1949 1919 1959 1961 1937 1937 1929 1916 1962 1966 Crane Daimler Datsun 1884 1936 1933 1929 1948 1976 1973 1972 1974 1957 1971 1959 1988 1970 1964 1968 1966 1958 1958 1962 1958 1925 1930 1929 1935 1930 1912 1955 1966 1948 1951 1952 1973 1958 1959 1959 1959 1963 1967 1967 DeDion, Bouton, Et Trepardoux Delage Delage Delage Delahaye DeLorean De Tomaso De Tomaso De Tomaso Devin-MG Dodge Dodge Dodge Dodge Dodge Dodge Dodge Dodge Dual Ghia Dual Ghia Dual-Ghia Duesenberg Duesenberg Duesenberg Duesenberg Excelsior Excelsior Facel Vega Ferarri Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari November 2007 Model Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chevrolet Chrysler Chrysler Chrysler Cole Cooper-Climax Cooper-Climax Cord Cord Cord Corvette Convertible Corvette Convertible Corvette Convertible Corvette Convertible Corvette Convertible Corvette L71 Convertible Corvette L72 Coupe Corvette L88 Coupe Corvette L88 Coupe Corvette Roadster Corvette Roadster Corvette Z06 Ron Fellows Edition El Camino SS 454 El Morocco Impala Convertible Impala HT Impala SS 409 Impala SS 409 Convertible Impala SS Convertible Master Deluxe TC Racing Car Nomad Nova L79 Radical Custom “The Legacy” Town & Country Town & Country Convertible Town & Country Sedan Aero Eight Sportster Monaco Mk I Sports-Racer Type 61 Monaco Sports-Racer 812 Cabriolet 812SC Sportsman L-29 Cabriolet Simplex Model 5 Ferret Mk II Armored Scout Car 1600 Vintage Racing Car Dos-A-Dos Steam Car D8-120 Aerosport Coupe D8S Coupe Roadster by deVillars DMN Faux Cabriolet 135M Cabriolet DMC-12 Original Prototype Montella Concept Car Pantera Coupe Pantera Group IV Coupe Roadster Challenger 2-Door HT D500 Custom Royal Lancer Diplomat C.H.I.P Police Car Hemi Challenger R/T Cvt. Replica Hemi Charger Concept Car Hemi Charger R/T 2-Door HT Hemi Coronet 2-Door HT Sweptside Pickup Convertible Coupe Convertible Eight Speedway Car Model J Convertible Berline Model J Sedanca DeVille Model SJ Town Cabriolet Super X Motorcycle Twin Motorcycle FV1 Coupe 275 GTS 166 Spyder Corsa 195 Inter Berlinetta 212 Inter Coupe 246 GTS Dino Spyder 250 GT Coupe Speciale 250 GT LWB Cal Spyder 250 GT LWB Cal Spyder Competizione 250 GT Series II Cabriolet 250 GTL Lusso 275 GTB/4 275 GTS/4 Spyder Sold Price Auction $55,000 R&S $68,750 RM $66,000 RM $88,000 RM $110,000 RM $126,500 RM $96,250 RM $155,500 B&B $254,500 B&B $68,750 R&S $74,250 RM $121,000 RM $39,600 R&S $77,000 RM $61,600 R&S $56,700 KI $42,900 R&S $80,300 R&S $48,400 R&S $165,000 G&C $68,200 R&S $75,900 R&S $115,500 RM $165,000 G&C $99,000 CHR $102,960 B&B $79,200 G&C $287,500 B&B $262,200 B&B $319,000 G&C $247,500 RM $165,000 CHR $176,000 G&C $28,080 B&B $15,400 RM $3,520,000 G&C $1,705,000 RM $3,740,000 RM $227,000 B&B $260,000 B&B $110,000 RM $99,000 RM $40,700 R&S $50,600 R&S $45,100 RM $38,500 R&S $66,000 RM $41,250 RM $78,390 B&B $1,100,000 RM $101,750 R&S $47,300 R&S $44,000 G&C $247,500 RM $181,500 RM $199,500 B&B $330,000 RM $902,000 CHR $616,000 G&C $4,400,000 RM $82,500 G&C $18,700 RM $102,960 B&B $451,000 G&C $1,045,000 G&C $429,000 RM $495,000 RM $199,100 R&S $1,100,000 G&C $4,455,000 G&C $4,950,000 RM $462,000 RM $2,310,000 CHR $1,155,000 G&C $1,320,000 G&C Lot # F415 601 524 275 599 278 288 431 424 F432 225 589 F474 266 F469 412 F421 S617 S609 147 F427 S673 242 49 77 416 157 459 441 46 581 35 111 401 206 139 549 576 470 468 587 271 F478 F433 253 F476 511 592 436 566 S632 S603 36 551 567 415 542 89 161 569 136 533 448 61 54 590 582 F448 17 144 560 556 62 23 169 Year Make 1965 1969 2004 1966 1967 1969 1969 1973 1967 1969 1973 1953 1981 1984 1957 1984 1994 2001 2005 1955 1995 1992 1957 1905 1958 1968 1967 1966 1929 1933 1937 1932 1970 1935 1936 1991 1954 1934 1935 1940 1941 1948 1964 1929 2005 2006 1932 1932 1940 1935 1931 1910 1915 1970 1965 1966 1968 1971 1969 1969 1935 1932 1957 1955 1957 1957 1955 1956 1956 1956 1957 1927 1987 1964 1981 1983 Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Ford Georges Irat Globe Hopper GSB Gurney AAR Gurney AAR Model Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Ferrari Fiat Fiat Fiat Fiat Fiat Fiat 330 GT 2+2 Series II 356 GT 2+2 Coupe 360 Spyder 364 California Spyder 365 California Spyder 365 GT 2+2 Berlinetta 365 GT Coupe 365 GTB/4 Daytona Spyder 365 GTC 365 GTC 365 GTS/4 375 Coupe 400 GTi 401 GTi 410 Superamerica 412 Roadster 456 GT 550 Barchetta 612 Scaglietti 750 Monza Scaglietti Spyder F355 Spyder F40 GT Berlinetta 1100 Turismo Veloce Coupe 24/32hp Series II Rear Entry Tonneau 600 Multipla Abarth 695 SS Abarth 850 Berlina Corsa Sedan Auto Transporter 22 Jr. Tony Nancy Roadster 3-Window Coupe 3-Window Phantom 5-Window Bronco Utility Cabriolet Cabriolet Contour Concept Car Crestline Sunliner Custom Hot Rod Deluxe Phaeton Deluxe Station Wagon Dry Lakes Track Rod F1 Street Rod Fairlaine Thunderbolt 2-Door HT Flathead 22 Jr. Tony Nancy Roadster GT Coupe GT Coupe Highboy Roadster Khougaz Lakes Roadster Model 01A Deluxe Station Wagon Model 48 Deluxe Four-Door Sean Model A Panel Truck Hot Rod Model T Fire Tender Model T Touring Mustang Boss 302 Fastback Mustang Fastback Mustang Fastback Mustang Fastback Mustang Mach I 429 Fastback Mustang Mach I CJ Fastback Mustang Mach I Fastback Panel Truck Roadster Three Crowns Kustom Thunderbird Thunderbird Thunderbird Thunderbird Thunderbird Convertible Thunderbird Convertible Thunderbird Convertible Thunderbird Convertible Thunderbird E-Bird Model A Cabriolet Roth 3-Wheeler Roth Trike Eagle Indy Car Eagle Indy Car Sold Price Auction $82,500 RM $99,000 CHR $209,000 G&C $825,000 G&C $1,375,000 G&C $144,500 B&B $121,000 R&S $1,056,000 RM $385,000 G&C $209,000 RM $2,035,000 G&C $1,155,000 G&C $52,800 G&C $46,200 G&C $1,320,000 G&C $110,000 G&C $154,000 G&C $258,500 G&C $330,000 G&C $1,540,000 RM $91,300 G&C $742,500 RM $51,700 RM $209,000 RM $46,200 G&C $18,700 RM $24,200 RM $297,000 G&C $154,000 RM $55,000 G&C $74,800 R&S $56,100 R&S $24,200 R&S $93,500 R&S $82,500 G&C $33,000 RM $59,400 G&C $78,100 R&S $33,000 RM $132,000 G&C $36,300 G&C $42,680 R&S $165,000 RM $192,500 RM $160,600 G&C $151,200 KI $105,000 G&C $385,000 RM $155,500 B&B $13,200 RM $37,400 CHR $33,000 CHR $8,190 B&B $94,050 R&S $18,150 R&S $20,900 R&S $95,700 R&S $31,320 KI $59,940 KI $100,100 R&S $60,500 RM $110,000 RM $73,700 G&C $46,750 RM $51,700 RM $42,900 RM $46,200 CHR $45,650 R&S $42,350 R&S $28,600 CHR $60,500 RM $148,500 RM $115,500 R&S $46,200 R&S $38,025 B&B $58,500 B&B Lot # 519 73 108 24 150 420A F439 550 41 270 20 62 106 25 22 21 104 107 103 571 105 580 296 538 5 302 509 59 260 137 S622 F411 F404 F462 101 297 32 S608 305 149 3 F426 264 259 37 435 55 241 481 209 66 36 410 S668 F403 F477 F463 431 434 S618 218 237 117 283 510 222 81 F471 S675 41 274 594 S644 S640 456 457 129

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Automotive Investor Year Make Model 1998 1936 1908 1951 1942 1912 1964 1950 1994 1991 1950 1954 1951 1952 1952 1952 1951 1954 1954 1954 1956 1959 1964 1965 1967 1967 1963 1967 1966 1967 1963 1961 1967 1967 1966 1961 1971 1971 1974 1973 1974 1972 1949 1962 1914 1953 1937 1939 1967 1985 1988 1976 1980 1996 1969 1973 1971 1970 1956 1924 1975 1969 1940 1956 1932 1930 1956 1940 1938 1907 1984 1994 1961 1961 1969 130 Harley-Davidson Harley-Davidson Harley-Davidson Hudson Hudson Indian Iso Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jaguar Jensen Kaiser Kellison Kissel Kurtis Kurtis Lagonda Lamborghini Lamborghini Lamborghini Lamborghini Lamborghini Lamborghini Lamborghini Lamborghini Lamborghini Lamborghini Lancia Lancia Lancia Land Rover Lincoln Lincoln Lincoln Lincoln Lincoln Lincoln Lincoln Locomobile Lola Lola Lotus Lotus Lotus FLHR Road King Motorcycle Knucklehead Motorcycle Single-Cylinder Strap Tank Motorcycle Hornet Convertible Super Six Station Wagon Single-Cylinder Motorcycle Rivolta GT Mk V 3.5 Drophead Coupe XJ 220 Coupe XJR 15 Race Car XK 120 Alloy Competition Roadster XK 120 Fixed Head Coupe XK 120 Roadster XK 120 Roadster XK 120 Roadster XK 120 Roadster XK 120 Roadster XK 120SE Roadster XK 120SE Roadster XK 140 Roadster XK 140SE Roadster XK 150S 3.4 Roadster XKE XKE XKE XKE 4.2 Convertible XKE Convertible XKE Convertible XKE Racer XKE SI XKE SI 3.8 Convertible XKE SI 3.8 Coupe XKE SI 4.2 Convertible XKE SI Convertible XKE SI Coupe XKE SI Flat Floor Convertible XKE SII XKE SIII Competition Roadster Replica XKE SIII Convertible XKE SIII Convertible XKE SIII Convertible Interceptor Coupe Virginian Sedan Coupe Kar Touring Car 500S Racing Sports Car Special “The Tommy Lee” Speedster V12 Rapide Tulipwood Tourer 400 GT Coupe Countach Countach Countach LP400 Countach S-1 Diablo SV-R Islero Miura P400 SV Miura P400 SV Coupe Miura S Aurelia B24S America Spyder Lambda Fourth Series Tourer Stratos HF Coupe Series IIA Utility Continental Cabriolet Continental Mk II KB Victoria Model L Dual Cowl Phaeton Premier Convertible Zephyr Continental Cabriolet Zephyr Convertible Coupe Type E Five Passenger Touring Corvette Racecar T9400 Indy Car #11 20 Formula Junior Race Car 20/22 Formula Junior Monoposto 51 Formula Ford Sold Price Auction $44,000 CHR $93,500 G&C $198,000 RM $93,500 RM $231,000 G&C $26,400 RM $49,500 R&S $114,660 B&B $220,000 RM $231,000 R&S $205,000 B&B $99,000 RM $159,500 G&C $231,000 G&C $107,250 G&C $88,000 G&C $77,000 RM $87,750 B&B $121,000 RM $74,800 CHR $93,500 CHR $155,500 B&B $112,750 R&S $78,100 R&S $88,000 R&S $34,100 R&S $82,500 G&C $110,000 G&C $22,000 R&S $39,600 R&S $139,000 B&B $81,900 B&B $55,000 CHR $121,000 RM $77,000 RM $49,500 RM $26,400 R&S $56,160 B&B $60,500 CHR $44,000 RM $49,500 RM $27,500 RM $38,500 RM $33,000 RM $55,000 G&C $104,500 RM $440,000 RM $451,000 RM $330,000 G&C $79,750 R&S $88,000 R&S $533,500 R&S $88,000 R&S $104,500 RM $68,200 R&S $962,500 R&S $869,000 G&C $473,000 RM $550,000 RM $104,500 CHR $131,300 B&B $26,400 CHR $110,000 G&C $44,000 G&C $203,500 G&C $93,500 RM $93,500 RM $63,800 RM $151,250 RM $176,000 RM $269,500 R&S $56,100 R&S $60,500 G&C $49,140 B&B $29,700 RM Lot # 65 6 535 529 142 534 S676 406 552 S643 452 285 120 51 138 56 517 467 604 49 69 490 S631 S619 S613 F420 63 34 S624 F413 455 417 45 531 593 295 F408 413 75 292 289 516 513 248 113 269 577 584 4 F441 F458 S658 S636 254 S623 S652 64 575 570 83 446 52 160 116 16 539 595 249 252 537 F447 S616 12 447 207 Year Make 1968 1938 1925 1960 1962 1973 1975 1977 1957 1959 1952 1969 1968 1968 1969 1955 1956 1969 1954 1956 1957 1955 1975 1937 1947 1949 1940 1940 1956 1954 1960 MG 1953 MG 1953 MG 1925 1924 1959 1955 1965 1971 1908 1953 1928 1955 1916 1957 1940 1936 1938 1931 1956 1955 1907 1940 1928 1950 1936 1935 1936 1950 1901 1978 1982 1935 1970 1970 1970 1963 1967 1970 1941 1970 1964 1962 1965 1966 Model Lotus-Ford Marchese Marchese-Ford Maserati Maserati Maserati Maserati Maserati Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercedes-Benz Mercury Mercury Mercury Mercury Mercury Mercury 47 GT Group 4 Competition Coupe Championship Race Car Model T-Gallivan Race Car 3500 GT Spider 5000 GT Coupe Bora Khamsin Merak SS 190SL Convertible 190SL Convertible 220A Cabriolet 280SE Sedan 280SL Convertible 280SL Convertible 280SL Convertible 300SC Cabriolet A 300SC Coupe 300SEL 6.3 Sedan 300SL Coupe 300SL Coupe 300SL Coupe 300SL Coupe 450SL Convertible 540K Special Roadster 79M Convertible Coupe Convertible Coupe Custom Coupe Custom Stardust Monterey 2-Door HT Monterey Woody Wagon A 1600 Coupe TD Inskip Tourer TD Roadster Miller Miller Moretti Morgan Morris Morris Napier Nash-Healey O.M. Offenhauser Oldsmobile Oldsmobile Packard Packard Packard Packard Packard Packard Packard Packard Packard Packard Packard Packard Packard Packard 122 Front Drive Race Car 122/183 Convertible Speed Record Car Tour de Monde Coupe Plus Four Roadster Minor 1000 Convertible Minor 1000 Traveler Woody Wagon 45hp Type 23A 7-Seater Touring Roadster Tipo 655 Tourer Sprint Car Model 44 Roadster Starfire 98 Convertible 110 Convertible 120 Victoria 1607 Twelve Coupe 840 Convertible Caribbean Convertible Caribbean Convertible Model Thirty U Series Runabout One-Fifteen Station Wagon Speedster Special Standard Woodie Wagon Twelve Club Sedan Twelve Coupe V12 Speedster Woody Wagon Panhard Et Levassor Rear-Entrance Tonneau Parnelli Penske Porsche Single Seater PC10 Indy Car Pierce-Arrow Plymouth Plymouth Plymouth Plymouth Plymouth Plymouth Plymouth Plymouth Pontiac Pontiac Pontiac Pontiac Model 845 Club Sedan 'Cuda 440/6 2-Door HT 'Cuda Convertible 'Cuda Convertible Belvedere GTX 2-Door HT Road Runner Superbird 2-Door HT Special Deluxe Convertible Superbird 440/6 Catalina 2+2 Convertible Grand Prix GTO 2-Door HT GTO 389/360 Sold Price Auction $107,640 B&B $99,000 RM $41,250 RM $275,000 RM $1,100,000 G&C $77,000 RM $22,000 RM $33,000 RM $37,950 R&S $71,500 CHR $154,000 RM $7,700 RM $44,550 R&S $21,450 R&S $55,000 G&C $352,000 CHR $286,000 G&C $16,500 RM $764,500 R&S $528,000 G&C $715,000 G&C $726,000 RM $7,128 KI $2,530,000 RM $35,000 B&B $99,000 RM $137,500 RM $88,000 RM $23,760 KI $35,750 RM $22,000 RM $35,750 RM $22,000 RM $495,000 RM $495,000 RM $24,000 B&B $24,200 R&S $10,530 B&B $17,600 RM $682,000 CHR $231,000 RM $165,500 G&C $31,900 CHR $35,100 B&B $66,000 RM $56,700 KI $110,000 G&C $170,500 G&C $330,000 G&C $170,500 G&C $66,000 RM $403,000 B&B $181,500 G&C $75,900 RM $38,500 RM $46,200 RM $242,000 G&C $346,500 CHR $110,000 RM $297,000 G&C $50,600 R&S $37,440 B&B $53,820 B&B $55,550 R&S $74,800 R&S $81,900 B&B $30,800 R&S $29,700 RM $114,660 B&B $31,900 RM $93,500 R&S $83,600 G&C $27,500 R&S $49,500 RM $47,300 R&S Lot # 463 541 540 591 45 515 203 605 F416 78 251 201 S605 F402 58 68 53 208 S653 118 27 559 446 554 474 523 530 561 423 238 602 280 211 543 544 408 S610 400 282 71 520 8 74 407 291 421 159 145 52 65 518 442 38 224 303 294 115 50 532 125 S645 482 489 S666 F461 434 F475 214 422 299 S664 102 S672 219 F443 Sports Car Market

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Year Make 1947 1957 1958 1959 1961 1960 1963 1961 1962 1965 1964 1965 1974 1973 1974 1972 1968 1972 1971 1971 1913 2004 1978 1968 1910 1912 1914 1907 1915 1913 1908 1909 1914 1911 1976 1991 1928 1926 1931 1930 2002 1985 1999 1966 1966 1998 1964 1965 1965 1965 1965 1966 1966 1966 1965 1965 1965 1967 1970 1967 1968 1968 2006 1916 1937 1903 1963 1951 1951 1935 1951 1964 1970 1964 1966 1974 November 2007 Model Pontiac Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Porsche Rambler Rat Fink Renault Riley Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Rolls-Royce Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Shelby Simplex Sparks Stearns Studebaker Studebaker Studebaker Talbot-Lago Tom Beatty Tony Nancy Tony Nancy Triumph Triumph TVR Streamline Woody Wagon 356A 1600 Super Speedster 356A Cabriolet 356A Convertible 356B 1600 Coupe 356B Cabriolet 356B Coupe 356B Super Cabriolet 356B Super Cabriolet 356C 1600 Cabriolet 356C Coupe 356SC Cabriolet 911 Carrera 3.0 RSR 911 Carrera RS Touring Coupe 911 Carrera Targa 911E Coupe 911S Coupe 911T 2.4 Coupe 911T RSR Conversion 917K Steve McQueen/Le Mans Replica Model 83 Cross Country Touring Chopper Alpine A310 Elf Speedster Silver Ghost Balloon Car Silver Ghost Pullman Limo Silver Ghost Landaulette Silver Ghost Limousine Silver Ghost Limousine Silver Ghost London-to-Edinburgh Silver Ghost Roi Des Belges Silver Ghost Roi Des Belges Silver Ghost Touring Silver Ghost Victoria Corniche II Corniche III Convertible Phantom I Avon Sedan Phantom I Dual Windshield Phaeton Phantom I Regent Convertible Coupe Phantom II Speedster Silver Seraph Park Ward Silver Spur Limousine Silver Spur Saloon Cobra 427 Roadster Cobra 427 Roadster Cobra 427 SC Roadster Cobra Roadster Cobra Roadster Cobra Roadster Replica GT350 Fastback GT350 Fastback GT350 Fastback GT350 Fastback GT350 H Fastback GT350 R Fastback GT350 R Fastback GT350 SR Fastback GT500 GT500 GT500 Fastback GT500 KR GT500 KR Convertible Hertz Mustang Crane Model 5 Big Six 1939/51 Race Car Suburban Rear-Entry Tonneau Avanti Coupe Champion Sedan Land Cruiser Sedan T120 “Baby 3.0-Liter” DHC Belly Tank Lakester 22 Jr. The Wedge II 722 AA/Top Fuel Dragster The Sizzler TR4 Roadster TR4A Roadster 2500M Sold Price Auction $58,300 RM $143,000 CHR $77,000 RM $71,500 RM $24,570 B&B $85,800 R&S $52,250 RM $81,400 G&C $176,000 G&C $87,750 B&B $49,500 G&C $176,000 CHR $891,000 G&C $271,000 B&B $38,500 RM $41,250 RM $63,800 G&C $29,250 B&B $16,500 RM $209,000 RM $70,200 B&B $31,900 R&S $20,900 RM $9,360 B&B $1,430,000 G&C $2,970,000 G&C $1,155,000 G&C $1,045,000 G&C $1,100,000 G&C $1,870,000 G&C $1,430,000 G&C $1,485,000 G&C $720,000 G&C $990,000 G&C $49,500 R&S $110,000 G&C $40,950 B&B $1,072,500 G&C $403,000 B&B $627,000 RM $176,000 G&C $93,500 G&C $93,500 G&C $770,000 RM $682,000 RM $117,000 B&B $577,500 G&C $102,300 R&S $66,000 R&S $236,500 R&S $308,000 RM $121,000 R&S $147,800 B&B $137,500 RM $660,000 R&S $852,500 RM $73,700 R&S $134,200 R&S $72,600 R&S $150,000 B&B $181,500 R&S $220,000 RM $46,200 R&S $198,000 G&C $121,000 RM $96,250 RM $30,800 G&C $6,210 KI $19,800 RM $293,000 B&B $440,000 G&C $104,500 RM $176,000 RM $31,900 RM $25,300 RM $9,075 R&S Lot # 215 72 304 606 404 S627 522 50 10 461 2 57 141 471 521 221 13 495 293 588 466 S642 212 411 129 123 132 133 124 122 134 130 155 126 S669 128 419 148 464 573 135 127 121 565 261 445 29 S621 F424 F455 558 S635 430 572 S650 256 F467 S662 S626 423 S638 583 F480 119 545 536 43 441 210 460 28 258 257 298 204 S601 131 Year Make 2007 1967 1935 1966 1959 1967 1957 1967 1914 1928 1916 Vespa Vetta Voisin Volkswagen Volkswagen Volkswagen Volkswagen Volkswagen White Willys Winton Model LX 50 Scooter Ventura Coupe C25 Clairiere Berline 21-Window Microbus Beetle Convertible Beetle Sedan Heb Rod Kustom Type II Deluxe 21-Window Microbus Model 30 Model 62A Rumble Seat Roadster Touring Car Sold Price Auction $4,400 RM $28,600 RM $330,000 G&C $35,750 RM $52,800 CHR $8,800 R&S $46,750 RM $38,500 RM $57,200 G&C $30,420 B&B $93,500 G&C Lot # 506 220 66 514 59 S682 243 262 40 405 114 Top 50 Sales by Value Rank Year Make 1 1959 Ferrari 2 1931 Bentley 3 1959 Ferrari 4 1935 Duesenberg 5 1933 Delage 6 1884 DeDion 7 1912 Rolls-Royce 8 1937 Mercedes-Benz 9 1963 Ferrari 10 1973 Ferrari 11 1913 Rolls-Royce 12 1936 Delage 13 1959 Aston Martin 14 1955 Ferrari 15 1909 Rolls-Royce 16 1910 Rolls-Royce 17 1908 Rolls-Royce 18 1967 Ferrari 19 1967 Ferrari 20 1957 Ferrari 21 1967 Ferrari 22 1953 Ferrari 23 1914 Rolls-Royce 24 1964 Dodge 25 1958 Ferrari 26 1962 Maserati 27 1915 Rolls-Royce 28 1926 Rolls-Royce 29 1973 Ferrari 30 1948 Ferrari 31 1907 Rolls-Royce 32 1911 Rolls-Royce 33 1973 Lamborghini 34 1931 Alfa Romeo 35 1933 Alfa Romeo 36 1930 Duesenberg 37 1974 Porsche 38 1962 Aston Martin 39 1971 Lamborghini 40 1965 Shelby 41 1966 Ferrari 42 1966 Shelby Model 250 GT LWB California Spyder Comp 4 1/2 Liter Roadster 250 GT LWB California Spyder Model SJ Town Cabriolet D8S Coupe Roadster by deVillars Dos-A-Dos Steam Car Sold Price Auction Lot # $4,950,000 RM $4,510,000 G&C $4,455,000 G&C $4,400,000 $3,740,000 RM RM $3,520,000 G&C 40/50hp Silver Ghost Double Pullman Limo $2,970,000 G&C 540K Special Roadster 250 GTL Lusso 365 GTS/4 $2,530,000 $2,310,000 40/50hp Silver Ghost L-to-E Tourer D8-120 Aerosport Coupe DB4 GT Factory Lightweight 750 Monza Scaglietti Spyder 40/50hp Silver Ghost RDB Tourer 40/50hp Silver Ghost Balloon Car 40/50hp Silver Ghost RDB Tourer 365 California Spyder 275 GTS/4 Spyder 410 Superamerica 275 GTB/4 375 Coupe 40/50hp Silver Ghost Landaulette Hemi Charger Concept Car 250 GT Coupe Speciale 5000 GT Coupe 40/50hp Silver Ghost Limousine PI Dual Windshield Torpedo Phaeton 365 GTB/4 Daytona Spyder 166 Spyder Corsa 40/50hp Silver Ghost Limousine 40/50hp Silver Ghost Victoria Miura P400 SV 6C 1750 Spyder 8C 2300 Monza Spider Model J Convertible Berline 911 Carrera 3.0 RSR DB4 GT Miura P400 SV Coupe GT350 R Fastback 364 California Spyder Cobra 427 Roadster 43 1954 Mercedes-Benz 300SL Coupe 44 1992 Ferrari 45 1955 Mercedes-Benz 300SL Coupe 46 1914 Rolls-Royce 47 1957 Mercedes-Benz 300SL Coupe 48 1908 Napier 49 1966 Shelby 50 1965 Shelby F40 GT Berlinetta 40/50hp Silver Ghost Touring 45hp Type 23A 7-Seater Touring Cobra 427 Roadster GT350 R Fastback RM Chr $2,035,000 G&C $1,870,000 G&C $1,705,000 $1,650,000 $1,540,000 RM RM RM $1,485,000 G&C $1,430,000 G&C $1,430,000 G&C $1,375,000 G&C $1,320,000 G&C $1,320,000 G&C $1,155,000 G&C $1,155,000 G&C $1,155,000 G&C $1,100,000 RM $1,100,000 G&C $1,100,000 G&C $1,100,000 G&C $1,072,500 G&C $1,056,000 RM $1,045,000 G&C $1,045,000 G&C $990,000 G&C $962,500 R&S $946,000 G&C $907,500 $902,000 RM Chr $891,000 G&C $880,000 G&C $869,000 G&C $852,500 RM $825,000 G&C $770,000 $764,500 $742,500 $726,000 RM R&S RM RM $720,000 G&C $715,000 G&C $682,000 $682,000 $660,000 Chr RM R&S 560 112 144 569 576 139 123 554 62 20 122 549 557 571 130 129 134 150 169 22 23 62 132 566 17 45 124 148 550 54 133 126 S652 167 547 89 141 153 64 256 24 565 S653 580 559 155 27 71 261 S650

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Motobilia Carl Bomstead How to Test a Porcelain Sign Too good to be true often is; the badge was just a paperweight and is that really WP's moniker? Sports car club is real, badge is a paperweight I recently acquired this brass Long Island Sports Car Association badge. It weights about a pound and a half and is 5 1/2 inches tall and 3 1/2 inches wide. Can you provide any information about the Association and the approximate value of the badge?—E. Boris, Brooklyn, NY. The Long Island Sports Car Authenicating a Champlain Gasoline sign I recently purchased this 14 x 10-inch Champlin Gasoline sign on eBay for $500 and after cleaning it I feel it is a reproduction, as there is no shelving between the layers of porcelain. It appears like the sign was stenciled and then clear coated or baked. The “aging” disappeared after cleaning and the back of the sign does not have an early look. I emailed the seller asking for my money back and he in no uncertain terms told me that “I bought it, I own it, enjoy.” What recourse do I have with this guy?—Gary Lockwood, San Diego, CA You have a series of problems here. The fi rst is to determine, beyond a doubt, that the sign is in fact a reproduction. I have never seen this sign before but will admit that Champlin Gasoline is not a brand I follow. If it is a reproduction or fantasy piece, I doubt if they would only make one and I have not seen any others. The grommets have an early look, and I have seen early signs with the back the same as in the photo you sent. That leaves us with the shelving and the condition of the sign. The seller rated it 132 a 7.5 and it cleaned up to be better than that. The only way you can prove the age of the sign is by having a laboratory test a chip of the paint and that is rather costly. If the results prove the sign was made yesterday, you still have the issue of getting your money back and you have already tried to cross that bridge. The vast majority of eBay transactions go off without a hitch, but problems arise when we think we are getting a deal on a rare piece. It is a bit trite, but if the deal is too good to be true, it usually is. My advice is to hang the sign on your wall and enjoy it. Or, if you are both- ered by the w situation (I kn when I doubts I want something often it your about just to go away), relist it on eBay at no reserve with a of thou spelled out, ta high bid and Department do ilia Carl Bomstead How to Test a Porcelain Sign Too good to be true often is; the badge was just a paperweight and is that really WP's moniker? Sports car club is real, badge is a paperweight I recently acquired this brass Long Island Sports Car Association badge. It weights about a pound and a half and is 5 1/2 inches tall and 3 1/2 inches wide. Can you provide any in- formation about the Association and the approximate value of the badge?—E. Boris, Brooklyn, NY. The Long Island Sports Car Authenicating a Champlain Gasoline sign I recently purchased this 14 x 10-inch Champlin Gasoline sign on eBay for $500 and after clean- ing it I feel it is a reproduction, as there is no shelving between the layers of porcelain. It appears like the sign was stenciled and then clear coated or baked. The “aging” disappeared after clean- ing and the back of the sign does not have an early look. I emailed the seller asking for my money back and he in no uncertain terms told me that “I bought it, I own it, enjoy.” What recourse do I have with this guy?—Gary Lockwood, San Diego, CA You have a series of problems here. The fi rst is to determine, be- yond a doubt, that the sign is in fact a reproduction. I have never seen this sign before but will admit that Champlin Gasoline is not a brand I follow. If it is a reproduction or fantasy piece, I doubt if they would only make one and I have not seen any others. The grommets have an early look, and I have seen early signs with the back the same as in the photo you sent. That leaves us with the shelving and the condi- tion of the sign. The seller rated it 132 a 7.5 and it cleaned up to be better than that. The only way you can prove the age of the sign is by having a laboratory test a chip of the paint and that is rather costly. If the results prove the sign was made yesterday, you still have the issue of getting your money back and you have already tried to cross that bridge. The vast majority of eBay transactions go off without a hitch, but problems arise when we think we are getting a deal on a rare piece. It is a bit trite, but if the deal is too good to be true, it usually is. My advice is to hang the sign on your wall and enjoy it. Or, if you are both- ered by the w situation (I kn when I doubts I want something often it your about just to go away), relist it on eBay at no reserve with a of thou spelled out, ta high bid and Department do back. back. After al talking abou o L BO sportscarmarket.com. Digital photos at least 3″ by pi must accompany your queries. Due to the volume e receive, not all questions can be answered. n t p Sports Car Market L BOMSTEAD is a decades-long automobilia expert n he Pacifi c Northwest. Send your questions to hav ut Association is alive and well. They have been around since 1951 and are the only multifaceted club on the island. They hold autocrosses, rallies, races and time trials. They attend many local races as club functions and meet the third Thursday of the month at The Jolly Swagman Inn on Long Island. The dues are $30 per year. Now for the bad news. I found a paperweight on eBay that was identical to your badge but without the piece for attaching it to a license plate. It had a “Buy It Now” price of $24.99 and nary a taker, so I would suggest your badge is only worth $20 or so. WP's signature is key to Chrysler photograph I found a number of Chrysler items at a local event. Four of the photographs are from the annual dealers meeting at n tograph of W.P. hrysler is autographed and signed curious the Congress Hotel and date from 1926 to he other piece obilia Carl Bomstead How to Test a Porcelain Sign Too good to be true often is; the badge was just a paperweight and is that really WP's moniker? Sports car club is real, badge is a paperweight I recently acquired this brass Long Island Sports Car Association badge. It weights about a pound and a half and is 5 1/2 inches tall and 3 1/2 inches wide. Can you provide any in- formation about the Association and the approximate value of the badge?—E. Boris, Brooklyn, NY. The Long Island Sports Car Authenicating a Champlain Gasoline sign I recently purchased this 14 x 10-inch Champlin Gasoline sign on eBay for $500 and after clean- ing it I feel it is a reproduction, as there is no shelving between the layers of porcelain. It appears like the sign was stenciled and then clear coated or baked. The “aging” disappeared after clean- ing and the back of the sign does not have an early look. I emailed the seller asking for my money back and he in no uncertain terms told me that “I bought it, I own it, enjoy.” What recourse do I have with this guy?—Gary Lockwood, San Diego, CA You have a series of problems here. The fi rst is to determine, be- yond a doubt, that the sign is in fact a reproduction. I have never seen this sign before but will admit that Champlin Gasoline is not a brand I follow. If it is a reproduction or fantasy piece, I doubt if they would only make one and I have not seen any others. The grommets have an early look, and I have seen early signs with the back the same as in the photo you sent. That leaves us with the shelving and the condi- tion of the sign. The seller rated it 132 a 7.5 and it cleaned up to be better than that. The only way you can prove the age of the sign is by having a laboratory test a chip of the paint and that is rather costly. If the results prove the sign was made yesterday, you still have the issue of getting your money back and you have already tried to cross that bridge. The vast majority of eBay transactions go off without a hitch, but problems arise when we think we are getting a deal on a rare piece. It is a bit trite, but if the deal is too good to be true, it usually is. My advice is to hang the sign on your wall and enjoy it. Or, if you are both- ered by the w situation (I kn when I doubts I want something often it your about just to go away), relist it on eBay at no reserve with a of thou spelled out, ta high bid and Department do back. After al talking abou o L BO sportscarmarket.com. Digital photos at least 3″ by pi must accompany your queries. Due to the volume e receive, not all questions can be answered. n t p Sports Car Market L BOMSTEAD is a decades-long automobilia expert n he Pacifi c Northwest. Send your questions to hav ut Association is alive and well. They have been around since 1951 and are the only multi- faceted club on the island. They hold autocrosses, rallies, races and time trials. They attend many local races as club functions and meet the third Thursday of the month at The Jolly Swagman Inn on Long Island. The dues are $30 per year. Now for the bad news. I found a paperweight on eBay that was identical to your badge but without the piece for attaching it to a license plate. It had a “Buy It Now” price of $24.99 and nary a taker, so I would suggest your badge is only worth $20 or so. WP's signature is key to Chrysler photograph I found a number of Chrysler items at a local event. Four of the photographs are from the annual dealers meeting at n tograph of W.P. hrysler is autographed and signed curious the Congress Hotel and date from 1926 to he other piece “To “To …… with every ood wish. WP Chrysler.” Just to see what color you might be able to add?—Mark Squitieri, Memphis, TN Walter P. Chrysler was an amazing guy. He was introduced to the auto industry by GM President James Storrow, with whom he had worked at ALCO. In eight short years he had earned $10 million worth of GM stock and was president of Buick. He gained additional experience at Willys-Overland and Maxwell. In 1924, he began selling Chrysler automobiles within the Maxwell organization. In 1927, after hassling with bankers, he bought the Maxwell concern and Chrysler Corporation was born. He continued as president of the company until 1935 and was Chairman of the Board until his passing in August 1940. Your photographs cover the period of Chrysler's growth and acquisition, and the interesting photograph, autographed by W.P., is worth several hundred dollars assuming the signature is real. ♦

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Bike Buys Paul Duchene Self-Induced Slickness on a Guzzi The notice to dealers warned that rear seal failure could lead to a seal leaking and “dirtying the rear wheel”—a massive understatement M y late father used to say that if something seems too good to be true, it probably is. A lifelong motorcycle rider (and dispatch rider in WWII), he'd no doubt have repeated this to me for hours if he'd heard about my recent Moto Guzzi Breva 1100 adventure. My longtime Honda VF1000R turned 20 years old this year, and I was thinking surely something must wear out soon (it hasn't). I couldn't afford a new bike, but Moto Guzzi's deal appeared to sidestep that basic issue by offering no interest and no payments for a year, with no prepayment penalty if I won the lottery. I heard that SCM's savvy bike guru Tom Young had looked at a Breva 1100, so I called him. “I can't see a downside to this,” I said. “Neither can I, but there's always something,” he replied. Fast forward seven months, after a rainy spring and no time off. At the beginning of August, I was 244 miles into a rapid vacation trip on my new Guzzi. I was heading for Canada with two friends to ride the Kootenays with my brother, who lives in B.C., and the Guzzi was fulfilling its promise as a good road bike, able to squirt up to 90 mph to pass trucks and returning 45 mpg in comfort. But north of Ellensburg, Washington, I felt a vibration beneath me that I couldn't pin down, with an occasional profound thump that didn't relate to the engine's pulses. I waited for the others at an intersection, then led off. After about a mile, I could swear the bike was flicking its tail somehow, at which point divine providence—or intuition born of 50 years riding—caused me to pull over in time to watch a foot-wide puddle spread around my back wheel. I was approaching a right hand turn on a very busy two-lane road. The right side of my rear tire was slick. A hard fall into oncoming traffic was likely my next move if I hadn't stopped. Up to that point (963 miles), I was pretty happy with the bike, once the fuel tank leak had been fixed. I even had hard bags for the first time. It wasn't a Ducati Monster or even a Triumph Speed Triple, but as a long-haul sport tourer, it suited me just fine. Factory recalls ordered The Moto Guzzi Breva 1100 and Griso were sub- ject to a factory recall in March 2006 for possible catastrophic failure of the driveline. The recall notice to dealers, which can be seen at www.sportscarmarket .com/guzzirecall, is eight pages long, with numerous illustrations, and included the numbers of bikes subject to recall. Buyers also received letters recommending that if they have a Moto Guzzi Griso 1100 prior to serial number ZGULS…6M111954, or a Breva 1100 prior to ZGULP…6M113250, with a final drive unit prior to #003171 (visible under the rubber boot) and they haven't had the final drive replaced, they'd be wise to transport it to a dealer. The cardan shaft will be replaced as a unit. My bike was #3009, or 241 Brevas before the problem was corrected. 134 The recall notice to dealers warned that rear seal failure could lead to a seal leaking and “dirtying the rear wheel”—a massive understatement, in my experience. Blog discussions ensued last year, as owners heard about driveline problems and wondered what they should do. Many received letters from Moto Guzzi and went to their local dealers. Somehow my bike escaped repair at the dealer- ship. When I called the dealer from the road—and I was somewhere between hot and relieved—he checked with the mechanic who was scheduled to have replaced the driveline. The mechanic, (no longer employed there) “thought he'd done it,” but no paperwork could be found to support his claim. At this point, the dealer stepped up and paid for Oil, asphalt, and rubber, a dangerous combination my tow and a rental car so I could see my brother (though I missed the bike trip). He also paid to ship my bike 200 miles back to his store for repair. But troubling questions remained about the in- cident. What if the bike had gone down on the next right hand turn? Had rider and bike gone under a semi, the resulting mess would have likely been determined “rider error.” A phone call to Gary E. Kilpatrick & Associates, a forensic engineering law firm in Jamestown, North Carolina, which specializes in accident investigations, supported my concerns. After I explained the near-miss to Kilpatrick, he said, “You survived that? You're a lucky man.” Before Kilpatrick began his practice, he worked for Koyo Bearings and wondered if it might have been a bearing failure, rather than a seal failure, which caused the oil leak on the wheel. Kilpatrick agreed it would be difficult to determine the cause of a crash if the bike was severely damaged. Moto Guzzi is no stranger to recalls, and though I couldn't find my driveline problem in the online files of the National Highway Safety Transportation Administration, there are others that date back to 1998, and they include topics like possible rear wheel lockup, sticking throttles, and cracked forks. I contacted both Moto Guzzi and the dealer about taking back #3009, as I wouldn't sell it to someone else without telling the whole story, and would you want to buy a bike with this kind of story attached? The phrase “diminished value” was invented for situations like this. The bike was repaired, but I am a great believer in every dog getting only one bite, and I wasn't going to give it a second chance. Before you email me to tell me to contact a lawyer, I should explain that I am unin- jured and the English tend not to sue. Culturally, it is considered a sign of weakness, and besides, discussions continued to be amicable. The day after my conversation with Moto Guzzi, the dealer called me and offered to personally buy the bike back from me, at the price I paid. “Mistakes were made; we need to make it right,” he said. My relationship with this particular dealer goes back ten years, and the trouble-free Triumph T595 I bought from him in 1997 is still humming along at 45,000 miles with its second owner. I still wanted a new bike, so I bought a retro '60s café racer Triumph Thruxton from him and roared back into my youth. There are a couple of lessons in this, as I see it. Things do go wrong, but it's how you react that matters. In this case, the dealer did the right thing. The second lesson is to research any vehicle you are going to buy carefully, whether car or bike. With the Internet, you can quickly search for recalls and blogs. This is even more important with bikes than it is with cars, as you don't want to ride something with a design defect that can take you down. ♦ PAUL DUCHENE has been riding motorcycles for 50 years. His work has appeared in the New York Times and Chicago Tribune. Sports Car Market

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Mystery Photo Answers You think you've got it bad? Last Tuesday night I had my truck AND my house repossessed while I was down here having a few beers. —Phil Lucas, Cincinnati OH his trips after he agreed to provide all the comforts of home.—Robert La Mar, Half Moon Bay, CA No that's not a Winnebago, it's a Peterbiltebago.—Mike McClelland, Brevard, NC In response to the obesity epidemic, Winnebago introduces its “Supersize Me” model.—Jay Mackro, San Juan Capistrano, CA Pity poor Bob, couldn't decide between “Learn how to drive the BIG RIGS” or “Let's go RVing.”—Al Nelson, Pentwater, MI After his teaser rate ARM adjusted, Davey decided it was cheaper to take the family with him on the road.—Eric Burt, Advance, NC Honey, I told you I felt something hit our trailer last night.—Jay Putt, Setauket, NY I know momma's gotten a little hippy, Daryl, but that was not necessary.—Gordon Yates, Tampa, FL With his new camper, Billy soon realized his HiLux pickup would need an engine swap, which meant he needed a larger radiator. One thing led to another…—Kevin M. Wolford, Westminster, MD Let's Go RVing. Or I'll kill you.—Kick Wheeler, New Milford, CT When we sent the production to Mexico, we were not expecting this—James Parsons, Portland, OR Rejected by FrightPig RV Supercenter, Billy and Mort set out RUNNER-UP: This is the offspring you get when your RV spends a long night at a truck stop.—Bob Peterson, Brooks, GA Am I wrong, or has George Barris lost his touch?—Lance Lambert, Seattle, WA Are Jerry Reed and the Bandit staying here at the campground, good buddy?—Rob Bennett, Traverse City, MI Tony, a long haul trucker, finally got his wife to accompany him on on their own to market luxury custom coaches.—Carter Smith, Spokane, WA Peterbilt Housing.—Ron Varley, St. Louis, MO Get out of my way, I'm in my motor home.—Harold G. Miller, Great Falls, VA For his automotive take on the current sub-prime mortgage crisis, Lance Lambert wins a soon-to-be collectible 1:18-scale model courtesy of Dave Kinney's USAppraisal. ♦ Mystery Photo Response Deadline: October 25, 2007 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a sure-to-be-collectible-someday 1/18-scale collector car model, courtesy of USAppraisal. Ties will be arbitrarily and capriciously decided. 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 get an official “SCMFright Pig Inspector” cap. Email photos at 300 dpi in JPEG format. This Month's 136 Sports Car Market

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Comments with your renewal You have a great magazine. So please keep it 100% car related and don't sell out like everyone else and run those tasteless ads like real estate, armored suburbans, and male “enhancement” potions.—P. Mahin, Teton Village, WY More motorcycle coverage.—N. Shevchenko, Shoreline, WA Get rid of the stupid motorcycles. Do I have to remind you that your publication is titled Sports Car Market?—F. Jaeger, Burlington, WI Keep up the great work.—G. Willett, Yorba Linda, CA I, too, read SCM cover to cover.—P. Fraser, Huntington Station, NY Thanks for the last ten years with SCM. It's been a gas.—T. Bush, Mauston, WI How about an index of cars profiled for those who are not SCM Platinum members so we can refer to back issues?—Classic Auto Appraisals, Rochester, MN. All of our past profiles are available at www.sportscarmarket.com, and are open to anyone who signs up for a free membership at the SCM web site. You do not have to have a Platinum membership to view them.—KM You have a great formula; keep it up. But if any more of my family members grab SCM before me, I'll need two subscriptions.—C. Pascoe, Hillsborough, CA I am a serious reader of SCM and I find it excellent.—S. Tripp, Aptos, CA This is the one magazine I read cover to cover. Great stories. Well written. Don't let the whiners change a thing.—L. Mathis, Barnhart, MO Keep up the great work. I love your publication.—M. Yedor, Los Angeles, CA You need more SCM Insider Seminars.—J. Kim, Port Orange, FL. I like it as is. The humor is great.—W. Stevens, San Diego, CA I enjoy the magazine very much. Keep up the good work.—W. Cruzen, O'Fallon, IL Interestingly enough, my girlfriend, who detests cars, has been seen reading your magazine now and again.—E. Landa IV, San Francisco, CA. This is a very good first step. Next, wait for her to point out cars she especially likes. For a car guy, that equates to immediate permission to buy a car similar to the one in question (“You said you liked it.”) — KM Read it cover to cover every month. Excellent publication.—R. Coleman, Quincy, IL Still no suggestions needed. Amazing.—C. Moseley, Weston, CT Keep up the good work.—C. Anderson, Portland, OR And thanks to all of you for your thoughtful comments and your renewals. ♦ US Postal Service Statement of Ownership and Circulation (Required by USC). 1. A. Title of Publication: Sports Car Market 2. Publication number: 1077-1751 3. Date of Filing: 9/14/2007 4. Issue of Frequency: Monthly 5. Number of Issues Published Annually: 12 6. Annual Subscription Price: $58 US 7. Complete Address of Known Office of General Business Office of Publisher: P.O. Box 4797, Portland, OR 97208 8. Same 9. Editor: V. Keith Martin, P.O. Box 4797, Portland, OR 97208. Managing Editor: Stefan Lombard, P.O. Box 4797, Portland, OR 97208 10. Owner: V. Keith Martin, P.O. Box 4797, Portland, OR 97208 11. Known Beholders, Mortgages and Other Security Holdings Owning or Holding 1 Percent or More of Total Amount of Bonds, Mortgages or Other Securities: None 12. N/A 14. November 2007 15. Extent and Nature of Circulation. Average Number of Copies Each Issue During Preceding 12 Months/Actual Number of Copies of Single Published Nearest to Filing Date. A. Total Number of Copies (Net Press Run): 18,692/18,192; B. Paid and/or Requested Circulation: 8,663/11,598; Sales Through Dealers and Carriers, Street Vendors and Counter Sales: 4,020/1,523; C. Total Paid and/or Requested Circulation: 13,078/19,910, D. Free Distribution by Mail (Sample, Complimentary and Other Free): 759/867; E. Free Distribution Outside the Mail: 3,125/1,695. F. Total Free Distribution: 3,884/2,562. G. Total Distribution: 16,962/16,472; H. Copies Not Distributed: 1,730/1,720; I. Total: 18,692/18,192; J. Percent Paid and/or Requested Circulation: 77/84. 17. I certify that the statements made by me are complete and correct, Jimmy Carter. November 2007 137

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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. Email: 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. English 1932 Rolls-Royce Phantom II make this one of the most elegant and comfortable Jaguars available. Goes down the road without fault. New radiator core, water pump, and thorough check over summer 2007. $65,000. Steve Markowski, rpm@rpmvt.com, 802.877.2645, www.rpmvt .com (VT) 1954 Jaguar XK 120M(S) roadster Continental Sport limousine by Barker# 73JS Owned by Fernandez Villota of Spain from 1932 until 1971. A lovely car that runs and drives excellent. In superb condition with a very sound, tight body. Charles Crail Automobiles, 805.568.1934, www.charlescrail.com. 1948 MG TC roadster Totally rust-free, tool roll, jack, parts manual, owners manual. $89,000. John Fernyak, 419.522.8895, arehbein@mtbt.com. (NM) 1960 Austin-Healey 3000 Mk I convertible SoCal car, p/plates, extensive mechanical/cosmetic redo; 4 speed overdrive, wires, leather upgrade, old English white, low original miles, very tidy! $18,500. hughes@sbcarco.com, 805.331.2184. (CA) 1969 Lola T-162 Rare 2-door Pillarless hardtop. Gracious, spacious ad agile with a 305 TPI V-8 conversion. Restored and gleaming. Lickety split. $17,000. Ted Weed, 312.919.9333, (IL) 1991 Jaguar XJR-15 Series I. Silver/ black. Exceptional. Current owner owned 36 years. Hard top, books, tools, and more. $84,500. Steve Ahlgrim, italycars@aol.com, 787.361.7997. (GA) 1969 MG CGT coupe Restored in Calif. 1990. Driven summers only and meticulously cared for since by two fussy owners. Teal green, saddle leather. lovely car, ready to enjoy now. $18,500. Matthew L. deGarmo Ltd., 203.852.1670, (CT) www.deGarmoLtd.com 1976 Jaguar XJ Coupe A beautiful driver, a matching-numbers, two-owner, rust-free, 39,000-mile California car. Just undergone a full back-to-bare-metal restoration. which included a brand new heat-insulated interior. The restoration has taken over a year to complete. I'm very fussy, everything that needed doing has been done! Price includes a new hard top that's painted period-correct black and freshly upholstered with charcoal trim. Put simply, this E-type is as good as a daily driver gets. $85,000. Jason Ouvaroff, jasonouvaroff@aol.com, 310.560.8778. (CA) 1967 Jaguar XKE Convertible Excellent example of southwestern car with no rust problems. Stored for 18 years by previous owner after quality repaint. Stock vehicle with just over 35K miles. New top/tires. $50,000. Vic Schulze,, vschulze1@comcast.net, 505.298.9328, (NM) 1974 Triumph TR6 Fully restored to show level and fully sorted for spirited use. Finished in yellow with green leather, all weather equipment. This gorgeous car features a synchromesh 5-speed transmission making it a true pleasure to use. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) 1950 Jaguar XK 120 roadster Ground-up, nut-and-bolt restored to national show standards. Flawless both mechanically and cosmetically and numbers-matching. Healey Blue, blue leather and top. A superb car in every detail. $55,000. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) 1965 Lotus Elan S2 convertible S/N T162/14. One of two of 1969 big block CanAm Lolas. Immaculate restoration on low time Drinkwater tub. Suspension and gearbox by Phil Denny. Fresh 478 ci alloy injected motor. Spare 427 engine included. Immaculate. Tested 10/06. $235,000. Fantasy Junction, chris@fantasyjunction.com, 510.653.7555, (CA) www.fantasyjunction.com 1973 Jaguar XKE #020. Derek Warwick's Monaco winning car. Mechanically outstanding with very good race cosmetics with period graphics. Intersting and cost effective alternative to 956 and 962. V-12 with carbon fiber tub. $295,000. Fantasy Junction, chris@fantasyjunction.com, 510.653.7555, (CA) www.fantasyjunction.com 2003 Aston Martin V12 Vanquish Very early matching-numbers car. JCNA winner. Documented restoration on perfect original car. Silver, red leather, all weather equipment, luggage. Only if you want the best there is. $135,000. Matthew L. deGarmo, 203.852.1670, www.deGarmoLtd.com. (CT) 1953 Jaguar XK 120 DHC Original Victoria car; frame-off restoration in 1998. At the Van Dusen show in 1999. B.C registered, s/n 26/4181. Car is located in Red Deer, Alberta. Includes unrestored factory hardtop. CDN $27,000. Alex Millar, z77@shaw.ca. (CAN) 1966 Jaguar XKE Series 1 4.2 Convertible Rare turquoise color, 25K original one owner miles, excellent condition, original interior, chrome, paint, and carpet. Always garaged. Optional hardtop. New braking and exhaust system. $45,000. Bill Magness, 410.643.0535, (MD) 1973 Jaguar XKE Series III Beautiful condition. Extended factory warranty thru 2/08. Premium audio system. Satalite navigation. Heated seats. Portable hands-free bluetooth cell phone. Aluminum trim steering wheel. Power-fold exterior mirrors. Remote garage door openers. Reverse sensors. 6 disc remote CD changer. Price new $240,000. A bargain today at less than 1/2 price from new! $119,900. Jeff Snook, jsnook@wcnet. org, 419.344.0319, http://www.snooksdreamcars. com/2003_aston_martin_v12_vanquish.htm Spectacular colors and beautifully aged restoration 138 Sports Car Market

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SCM Showcase Gallery Lotus XI LeMans #548 Ultra rare factory delivered with a ZF 5-speed transmission; better yet, Bob Platz restored at a cost in excess of $150k. All documented. Dark green, cognac leather. None better. $85,000. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd .com. (CT) 1967 Mercedes Benz 250SL California Special Well known HMSA & CSRG car. Two year restoration; honest-to-God turnkey. Single cockpit, proper 1100cc Climax & MGA trans. Wobblies, spare blocks, heads, trans. etc. Richard Ruff, rruff4@yahoo.com German 1960 Porsche 356 B Cabriolet White on red, the most beautiful, super original, 2 owner, 52,000 mile Mercedes-Benz, completely rust-free matching numbers California car with manual transmission, white hardtop, books & tools, over $15,000 just spent to make this 250SL absolutely gorgeous. Quite simply as good as a driver. gets. The sale price INCLUDES FREE SHIPPING TO Europe which I will arrange if you desire. $35,500. Jason Ouvaroff, jasonouvaroff@aol.com, 310.560.8778. (CA) 1973 Mercedes 350SL roadster Matching number super original low mileage car. Immaculate throughout. Runs flawlessly. Repainted once years ago, original leather. Red, black leather. $75,000. Matthew L. deGarmo Ltd. , 203.852.1670, www.deGarmoLtd.com. (CT) 1961 Porsche 356B Coupe Bob Hatch prepared, original, flawless car. White, black interior, rare 4-speed transmission. Original tools, books etc. Perfect in every way. $35,000. Matthew L. deGarmo Ltd. , 203.852.1670, www .deGarmoLtd.com. (CT) 1979 Porsche 911 SC Traga Excellent mechanical condition, smooth and strong engine with 86mm bores andSolex P-II carburetors. Perfect shifting transmission, brakes pull straight. Silver with red vinyl interior. Old paint and exterior cosmetics over astraight and solid car. $29,000. Steve Markowski, rpm@rpmvt.com, 802.877.2645, www.rpmvt.com. (VT) 1961 Porsche 356 Roadster 61,000 Miles, and already fully refreshed. New PPG paint on bare metal. Carrera Chain Tensioners, Pop Off valve, Mild Racing Cam, High Performance Exhaust, Bilstein Shocks, Racing front strut, Painted and Polished 16 inch Fuchs. Thoroughly sorted. David Steward, davidstewart24@gmail.com, 503.678.2598. (OR) Silver/red, beautifully restored car that is in need of nothing to be drivenwith confidence every day. Beautiful cosmetics, perfect mechanicals andmatching numbers make this a bargain in the collector Porsche world. $125,000. Steve Markowski, rpm@rpmvt.com, 802.877.2645, www.rpmvt .com (VT) 1966 Mercedes 230 SL Roadster 1979 Porsche 911 coupe Red/black, garaged. good condition. $14,750. Mary Rana, lrana@aol.com, 843.237.0907, (SC) 1986 Porsche 911 Cabriolet Rosso Corse with black interior.12K miles, summer 07 major service. A/C blows cold. All books and tools make this a perfect preservation cup winner. New tires, flawless cosmetics and perfect mechanical condition. $52,000. Steve Markowski, rpm@rpmvt. com, 802.877.2645, www.rpmvt.com (VT) 1986 Ferrari 328 Mondial Factory wide body option with special wheels and big brakes. Great top and good paint. Recent top end overhaul and service make this a reliable top own car! $24,000. Steve Markowski, rpm@rpmvt. com, 802.877.2645/802.598.0385, www.rpmvt .com (VT) 140 Alum. date coded GM block & heads. 27 mi. since comp. rotisserie rest. All period correct parts. Pics & info. Jim, jjensen@metalmaster.com, 630.348.0190, (IL) ♦ Sports Car Market S/N THPNMR02846. Run by Leuzinger and van der Werff at Sebring 12 Hours in 1977 and 1978. Currently set-up for both track days and street use. California title. $175,000. Fantasy Junction, chris@fantasyjunction.com, 510.653.7555, www.fantasyjunction.com 1984 Ferrari 308 GTS QV Torch red, red/white interior, 2 tops, power steering, brakes, seat, original 292, automatic, full restoration, CTCI senior car. $55,000. Lou, 724.847.4233, (PA) 1965 Shelby GT 350R Model Clone 40K miles on an all original car. All factory recalls performed, comprehensive service records. Unique options and colors all documented in COA. Car does not leak one drop of oil, goes down the road absolutely asnew. $30,000. Steve Markowski, rpm@rpmvt.com, 802.877.2645/802.598.0385, www.rpmvt.com. (VT) Italian 1953 Ferrari Type 500 1991 Porsche 911 Carrera 4 cabriolet Absolutely original in every regard, 43K miles but looks as though it has10K miles. Recent belt service. Everything works and looks as new. $35,000. Steve Markowski, rpm@rpmvt.com, 802.8770.2645, www.rpmvt.com. (VT) 2002 Maserati Spyder Cambiocorsa 390hp. 21,000mi. Black/Cinnamon leather interior. Auto/Manual w/F1 paddle shifters. All power options, heated seats. Air, ASR Stability Control, tilt steering, skyhook suspension, new tires, dealer serviced @ 18,000 mi. Garage kept, non smoker. $47,900. Steve Madura, stevemadura@msn.com, 505.688.7012, (NM) American 1930 Chrysler Indy Roadster Formula 2 Monopostol race car re-creation. Alfa Romeo 2 liter 170 Horsepower engine, Alfa Romeo trans, DeDion rear end. Comes with New Zealand vintage racing log book. Purchased from Jim Short and Jan McLaren (Bruce McLarens sister), was displayed for many years at the McLaren museum in New Zealand. $75k. Will trade for Vintage Race Car or Sports Car. Captain Marco, captainmarco@cs. com, 415.868.2940/415.987.1942 1973 De Tomaso Pantera Group 4 Fun, exciting car with track performance to match Alfa Romeo 8Cs. Believed to be car constructed by Luis Viglione for Juan Guadino and run at Indy in'32 and “33. FIA papers pending. Excellent value. $159,000. Fantasy Junction, chris@fantasyjunction. com, 510.653.7555, www.fantasyjunction.com. (CA) 1955 Ford Thunderbird Very accurate, built 302, 4-spd top loader, R model apron, roll bar, gauges, interior, rear window, plexi side windows in aluminum frames, aviad oil pan, valve covers, fuel cell w/ quick filler, konis, torque thrusts, aluminum radiator and oil cooler, etc. Looks and runs great. Best reasonable offer. Ed West, 602.377.1197 1969 Camaro RS ZL-1 427 Clone

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ORDER YOURS TODAY! Just $17.95, plus shipping. Keith Martin's Guide to Car Collecting is an almanac worth its weight in vintage Weber carburetors. Created especially for fans of collectible cars and Sports Car Market. Filled with over 300 pages of incisive articles, hard data, market analysis, and the world's largest resource directory for collectors. To Order: Phone 800.289.2819; Fax 503.253.2234; Online at www.sportscarmarket.com

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrett-jackson.com. (AZ) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfi elds. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfi elds.com. (CA) Branson Collector Car Auction. 800.355.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) RM Auctions, Inc.. 800.211.4371, Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) Christie's. 310.385.2600, 310.385.0246. 360 N. Camden Dr., Beverly Hills, CA 90210. www.christies .com. (CA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Russo and Steele Collector Auto- mobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) Gooding & Company. 310.899.1960, 310.899.0930. (August 18 and 19) - The Pebble Beach Auction has added a Saturday evening auction to the week's events. Now offering more of the fi nest cars traditionally available on Sunday's famed auction following the Concours d'Elegance. www.goodingco .com. (CA) H&H Classic Auctions. +44.01925.730630, +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classic-auctions .com. (UK) Kensington Motor Group, Inc. 631.537.1868, 631.537.2641. P.O. Box 2277, Sag Harbor, NY 11963. Kenmotor@aol.com. (NY) Auto Appraisal Group. 800.848.2886, Offi ces located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certifi ed, confi dential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars AppraisThe Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's fi nest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. 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) Kruse International. 800.968.4444, 5540 CR llA Auburn, IN 46706. Largest 142 Alfa Romeo Centerline Alfa Parts. 888.750. ALFA(2532), Call for free catalog, or Gooding & Company. 310.899.1960, Gooding & Company's experts are well qualifi ed to appraise automotive and collectible estates. Whether it is the creation of a foundation, living trust, or arrangement of a charitable donation, we are able to help you. www.goodingco.com. (CA) als. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www.caldreamcars.net.. (CA) Collector Car Auction Company, holding over 35 auctions per year. Home of the 480-acre Auction Park in Auburn, IN, where the 37th Annual Labor Day Auction will be held with over 5,000 cars and 150,000 people. www.kruse.com. (IN) Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www.classic-carauction.com. (CA) American 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) American Solvang Antique Center. 805.688.6222, California's Premier Antique Collective features 65 extraordinary dealers. Quality 18th and 19th century furniture, decorative accessories, fi ne art and estate jewelry. One of the fi nest selections of antique clocks, watches and music boxes in the world. www.solvangantiques.com. (CA) Appraisals visit www.centerlinealfa.com for online shopping, color product photos, tech tips, photo galleries and more. Exclusively Alfa for over 25 years, we have handson experience with Giulietta through 164. We're constantly adding new parts, accessories, and performance items, so check in often for the latest updates. www.centerlinealfa.com. (CO) Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Effi cient, personal service. 510.525.9435. (CA) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com. www.usappraisal.com. (VA) Automobilia GMP. 800.536.1637, GMP offers the best value possible in accurately detailed diecast models through exhaustive research and development followed by uncompromising quality control standards in design, modeling, and manufacturing. We are the diecast leaders. Your collection starts here. www.gmpdiecast.com. (GA) Spyder Enterprises. 831.659.5335, 831.659.5335. Since 1980, providing serious collectors with the fi nest selection of authentic, original vintage posters, pre-war thru mid-1960s; mainly focused on Porsche, Ferrari, Mercedes, and racing. Producer of “Automobilia Monterey,” with 38-page list of memorabilia available. singer356@aol.com www.vintageautoposters.com. (CA) 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 2shores International. 49.5691.912460, 49.5691.912480. Based in Germany, working worldwide. Connecting buyers and sellers of collectible cars in a global market place. Interna- Sports Car Market

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tional Classic Car Events. Serving our clients with compassion, loyalty, and 15 years of experience. Your trusted partner in Europe! www.2-shores-classics .com. (DE) Blackhawk Collection. 925.736.3444, 925.736.4375. Purveyors of rolling art. The Blackhawk Collection is one of the world's foremost companies specializing in the acquisition and sale of both American and European classic, coachbuilt, and one-of-akind automobiles. www.blackhawkcollection.com. (CA) catalog. proteam@proteamcorvette.com www.proteamcorvette.com. (OH) Classic Car Transport Auto Transporting by P.C. Bear. 717.859.1585/321.287.9368, Born 1941, car nut since 1943, transporting since 1994. For answers to all your questions, call the guy that loads and drives the truck. www.pcbeartransport.com. (PA) Intercity Lines, Inc.. 800.221.3936, 413.436.9422. Rapid, hassle-free, coastto-coast service. Insured enclosed transport for your valuable car at affordable prices. State-of-the-art satellite transport tracking. Complete service for vintage races, auctions, relocations. www.intercity.lines.com. (MA) Motor Auto Express, Inc.. The Carcierge. 561.241.6696, 561.241.6613. At The Carcierge, our facility has been designed to provide secure storage at appropriate temperature and humidity levels. We also offer our CarCare program, designed to protect your automobile from the damage that can occur when it is idle. www.thecarcierge .com. (FL) 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Collector Car Financing J.J. BEST BANC & CO. 800. USA.1965, Call Now or Apply Online. The nation's oldest and largest classic car fi nancing specialist. Low national fi xed rates starting at 6.99%. Five-minute approvals. Terms up to 12 years. Simple interest. Pre-qualify for auctions. Financing for Antique, Classic, Exotic, Hot Rod, Kit, Muscle, Luxury & Sports cars. Dealer inquiries welcome. www.jjbest.com. (MA) Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.com. (CA) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the fi nest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” www.legendarymotorcar.com. (ON) Collector Car Insurance English AC Owner's Club Limited. 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) Baldhead Cabinet Company. 877.966.2253, Offering a fi ne selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets.com. (CA) Insurance will provide dependable, dynamic, affordable protection for your collector vehicle. Agreed Value Coverage in the continental U.S., even Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online. www.JCTaylor.com. (PA) Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specifi c events. Please contact Mark Cooke and or Kevin Way. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Ferrari/Maserati/Lamborghini Randy Simon. 310.274.7440, 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually fi nd it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) Garage/Tools 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) Austin-Healey Club USA. Grundy Worldwide. 800.338.4005, With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Infl ation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy.com. (PA) 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 MercedesBenz, Ferrari, Porsche, Jaguar, BMW, Alfa Romeo. Guidance given with emphasis on building long-term relationships. Sales Manager Alex Finigan: Alex@paulrussell.com. www .paulrussell.com. (MA) 888.4AHCUSA, 503.528.0533. 8002 NE Hwy 99, Ste B PMB 424, Vancouver, WA 98665-8813. Oldest national Austin-Healey club and factory club heritage. Members recieve Austin-Healey Magazine, Resource Book, calendar, tech assistance, book discount. Annual dues still just $35. www.healey.org. (OR) Deltran Battery Tender. 386.736.7900, Our chargers are the most technologically advanced in the world. Microprocessor-controlled fully automatic “smart chip” charging applies the correct logic to extend battery life signifi cantly! Safe, dependable and will not over-charge your car battery! www.batterytender.com. (FL) German Alex Dearborn. 978.887.6644, 978.887.3889. Topsfi eld, MA> Buying, selling and trading vintage Mercedes. Specializign in 300SLs. Large database of older M-Bs. www.dearbornauto.com. (MA) Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags.com. (AZ) Heacock Classic. 800.678.5173, We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic. com. www.heacockclassic.com. (FL) JWF Restorations, Inc.. 503.643.3225, 503.646.4009. Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. AC restoration specialist. 35 years experience. Partial to full restorations done to street or concours standards. (OR) Kevin Kay Restorations. ProTeam Corvettes. 888.592.5086, 419.592.4242. Over 150 Corvettes 1953-2003; also Corvettes wanted. Free November 2007 JC Taylor. 800.345.8290, Antique, classic, muscle or modifi ed-J.C. Taylor 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. Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.com. (CA) Gull Wing Group International, Gary Estep. 530.891.5038, 776 Cessna, Chico, CA 95928. Dedicated to the enjoyment and preservaton of 1954 to 1963 Mercedes-Benz 300SL coupes and roadsters. Member benefi ts include: twelve monthly magazines per year plus a national convention that rotates its location around the country. gestep3457@aol.com. (CA) 143

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. Guy's Interior Restorations. Re-Originals. 713.849.2400, 713.849.2401. The U.S. source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit our website for complete listing. www.reoriginals.com. (TX) Inspections 503.224.8657, 503.223.3953. 431 NW 9th, Portland, OR 97209. Award-winning interior restoration. Leather dyeing and color matching. (OR) Performance Restoration. 440.968.3655, High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We fi nish your projects. supercharged@alltel.net. (OH) The Healey Werks. 800.251.2113, 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) Parts and Accessories Covercraft Industries. 800.4.COV- ERS (426.8377), World's largest manufacturer of custom vehicle covers. Over 58,000 patterns in our library and we can custom make a cover to your dimensions. Thirteen (13) fabrics for indoor/outdoor protection of your classic or daily driver. Made in USA. www.covercraft.com. (OK) 712.944.4940. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refi nishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healey-werks.com. (IA) Sports and Competition Morris and Welford. 714.434.8562 /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) Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www.griotsgarage.com. (WA) RM Auctions, Inc.. 800.211.4371, Re-Originals. 713.849.2400, 713.849.2401. The U.S. source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit our website for complete listing. www.reoriginals.com. (TX) Restoration - General Muscle Car 1000. 949.838.7076, 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) 144 October 7–12, 2007. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fi ne wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www.musclecar1000.com. (CA) ♦ Sports Car Market 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Vintage Events

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Advertise in the SCM Resource Directory Call 877.219.2605 x 211 for information e-mail: scmadvert@sportscarmarket.com November 2007 145

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Carl Bomstead eWatch $12,000 for Oldsmobile Sign “This driver required to drive carefully.” Thanks for the info, US Government Thought Carl's Well, it did not take the suits at eBay long to make another change in how they identify the people who are placing bids. As we noted last month, they had been identifying bidders by number, i.e. Bidder 3. They have now added a great deal of information regarding that bidder; if you clicked on him, you'd see how many times he bid on that seller's items. The reasoning is that if the same bidder's name appears with unusual frequency on a seller's items, there might be something fishy going on. That alone goes a long way in helping a bidder determine if he is competing with a hyperspace chandelier. Revision 3 (or is it Revision 5?) now lists the bidder's “handle” but omits the middle letters so “bigbucks” shows up as b******s, leaving you to fill in the blanks. It's a simpler process that at least gives you an idea if the seller's buddy is running you on the item. Here are a few things that we found interesting, along with one w EBAY#150142788904— EBAY#150148616272—MICHIGAN MEDAL OF HONOR #3 LICENSE PLATE. Number of Bids: 12. SOLD AT: $950. Date Sold: 8/12/2007. Michigan issued nine license plates to its Medal of Honor winners, along with a number of replicas that started at #40. This is the only legitimate one known to be in collectors' hands. It was supposedly given by the recipient to a neighbor 25 years ago, who in turn sold it to a license plate collector. It was just offered on eBay. I have a problem with a hero's mementos being sold on eBay, but maybe that's just me. EBAY#130126401627—BRASS OILZUM SIGN. Number of Bids: 18. SOLD AT: $5,500. Date Sold: 7/23/2007. Oilzum was the brand name for the White and Bagley Co. that was located in Massachusetts. From the teens to the late 1950s, they sponsored a number of race cars and events. The Oilzum Man logo was ubiquitous in racing circles and continues to be highly collectible today. But only a few of these brass signs with the dealer's name are known, and they are pricey when offered for sale. BAY#180146136951—SQUEEZE LICENSE TE ATTACHMENT. Number of Bids: 10. D AT: $237.49. Date Sold: 8/11/2007. Before the advent of bumper stickers, any variety of products and services were advertised with license plate attachments. There are hundreds, maybe thousands of different ones and col- n specialize in those promoting politicians, locations, gas and oil companies, and even brands of soda. Squeeze soda has long been defunct, but their logo with the boy and his “squeeze” is catchy. Price paid was not out of line. EBAY#130124961917— OLDSMOBILE PORCELAIN AND NEON DEALER SIGN. Number of Bids: 16. SOLD AT: $12,000. Date Sold: 7/23/2007. This double-sided Oldsmobile dealer sign measured 32 x 72 inches and was in excellent condition, with only a few minor blemishes in the porcelain. This was the smaller and more difficult-to-find version of this desirable sign. As such, the price paid was well within reason and could even be considered a good buy in today's robust market. USCCC “THIS DRIVER REQUIRED TO DRIVE CAREFULLY” LICENSE PLATE. Number of Bids: Offered at “Make Offer” Price. SOLD AT: $95. Date Sold: 7/23/2007. Only the government would spend money to produce a license plate that stated the obvious. I guess if you were not provided with one of these plates, all restrictions were off and you could drive your governmentissued Plymouth sedan with abandon. EBAY#330152239072— ASSOCIATED OIL COMPANY MEN'S ROOM SIGN. Number of Bids: 11. SOLD AT: $550. Date Sold: 8/11/2007. Restroom signs continue to be hot property, with the more interesting of them selling for as much as $2,000, even if not associated with Senators from Idaho. This is the most desirable of several Associated Oil Company examples and was in as-new condition. These usually sell for about $850, so this one was well bought. Good luck on finding the matching women's room sign at this price. EBAY#120152676049—PORCELAIN UNITED MOTORS SERVICE NEON SIGN. Number of Bids: 17. SOLD AT: $6,289. Date Sold: 8/27/2007. Seller stated this hung in his father's garage from 1934 until WWII. It is only 24 inches wide and was intended to hang inside a shop window. It appeared to be in excellent condition and is extremely rare, especially in this condition. Price paid was expensive, but go find another this nice. ♦ SUBSCRIPTION INFORMATION Sports Car Market magazine (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals POSTMASTER 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. 146 Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market

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AND THEN HE GAVE ME THREE WISHES... CHEVY CORVETTE Available as a coupe, convertible, or legendary ZO6. The ZO6 comes with a hand-built 7.0L aluminum-block engine that churns out 505 horsepower, a 0–60 time of 3.7 seconds, and a quarter mile time of 11.7 seconds. Plus, with undeniable grip, it carves 1.04g on the skidpad. chevy.com ® Corvette and Z06 are registered trademarks and Chevy is a trademark of the GM Corp. ©2007 GM Corp. Buckle up, America!