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75 pagesØ Ø Exclusive coverage of Monterey's record $198m sales Sports Car Market $16.4m Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends What else is there to say? McQueen's 911S: The $1.4m "cool factor" Mercedes 540K brings record $9.7m DIGITAL EXCLUSIVE! FEATURING VIDEOS OF SELECT VEHICLES CLASSIC CAR MAGAZINE IN THE VOTED THE BEST 2011 WORLD www.about.com

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Sports Car Market Keith Martin's JOIN US The Insider's Guide to Collecting, Investing, Values, and Trends 36 1957 Ferrari 250 Testa Rossa prototype November 2011 . Volume 23 . Number 11 46 1937 Mercedes-Benz 540K Special Roadster IN-DEPTH PROFILES What You Need To Know FERRARI (VIDEO) 36 1957 Ferrari 250 Testa Rossa prototype — $16,390,000/Gooding Other TR owners said they received approaches north of $20m for their cars and that the auction estimate seemed reasonable Simon Kidston ENGLISH (VIDEO) 42 1925 Bentley 3 Litre Speed Model Supersports — $601,000/ Bonhams A vintage Bentley's value is not irredeemably damaged if it has been correctly re-bodied Diane Brandon ETCETERINI (VIDEO) 44 1953 Siata 208S — $946,000/RM and 1953 Siata 208S — $1,567,500/Gooding A tale of two Siatas — or why in some cases a shiny car trumps a car with a good story behind it Donald Osborne GERMAN (VIDEO) 46 1937 Mercedes-Benz 540K Special Roadster — $9,680,000/RM This record price would not happen at Scottsdale, AZ, or Amelia Island, FL. Monterey brings the international players out in droves, and it showed in auction results Alex Finigan AMERICAN (VIDEO) 48 1931 Duesenberg Model J Murphy coupe — $10,340,000/ Gooding This car set a record for an American car at public auction, and we call it well sold, and the new owner has a piece of automotive history that cannot be replicated Carl Bomstead RACE (VIDEO) 50 1931 Miller Bowes Seal Fast Special — $2,120,000/Mecum This Indy 500 winner might be worth more with the body removed Thor Thorson 10 RUSSO AND STEELE 128 Monterey, CA: The 11th Annual Sports and Muscle at the Marriott totals $8.5m from 144 lots Ray Nierlich MIDAMERICA AUCTIONS 138 Pebble Beach, CA: Pebble's motorcycle staple sells 40 bikes for $848k John L. Stein EBAY MOTORS 140 A sampling of cars for work and for play Geoff Archer & Chad Tyson Cover photograph: Pawel Litwinski, courtesy of Gooding & Company Text SCM to 22828 FREE weekly newsletter Sports Car Market GLOBAL AUCTION COVERAGE 198 Cars Examined and Rated at Seven Sales RM AUCTIONS 76 Monterey, CA: Five big Mercedes lead the way to $78.2m in sales Carl Bomstead GOODING 90 Pebble Beach, CA: Gooding sets new records in Pebble Beach, with final totals ringing in at $78.2m John L. Stein MECUM AUCTIONS 104 Monterey, CA: A vintage Miller leads a $22.2m weekend for Mecum, selling at $2.1m Michael Leven BONHAMS 118 Carmel Valley, CA: A BMW 507 at $1m is the high sale at this $10.7m event Donald Osborne

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30 Affordable Classic: Four Great Buys From Monterey COLUMNS 14 Shifting Gears Reflections on Monterey's millions, and what makes a trustworthy price guide Keith Martin 30 Affordable Classic: Four great buys from the Monterey auctions Finding good deals on a Jaguar E-type, an Aston Martin DB Mk III, a Ferrari 288 GTO and a BMW 507 Stephen Serio 34 Legal Files A Ferrari Classiche manager responds to the October “Legal Files” column John Amette 40 Sheehan Speaks At this year's Monterey auctions, there were 13 Ferraris sold at more than $1 million, with total sales of $45.5m and an average sales price of $3.5m Michael Sheehan 154 eWatch Who needs to pay $4.6m for a Marilyn Monroe dress when you can buy an original Ed “Big Daddy” Roth Rat Fink sticker for $36? Carl Bomstead DEPARTMENTS 16 Crossing the Block / Auction Calendar 18 The Inside Line 20 Contributors 22 You Write, We Read 24 Display Advertisers Index 26 Neat Stuff: SONAX cleaners and waxes, Richard Lewis watercolors 26 Time Pieces: Longines Mystery Watch 28 In Miniature: Ferrari 250 GT California Spyder SWB 28 Book Review: At the Limit: Twenty-one classic cars that shaped a century of motorsport SCM Digital Bonus 12 FEATURES 52 Monterey First-Timer: A wounded Isetta and delicious excess 54 SCM Events: Insider's Seminar; Platinum VIP Consignment Tours at RM and Mecum 56 Miles Collier — Collecting Thoughts: What the $1,375,000 for Steve McQueen's “Le Mans” Porsche 911S tells us about celebrity and value 58 Concorso Italiano: A big family reunion in the sunshine — with Sir Mix-A-Lot! 60 The Quail: Honoring guests — and Phil Hill, Riverside Raceway and the Ferrari America and Superamerica 62 Pebble Beach: Ferrari 250 GTOs and 125 years of Mercedes-Benz 64 Legends of the Autobahn: A stellar event — and free 66 2011 Rolex Monterey Motorsports Reunion: Ferrari 250 GTOs rip around Laguna Seca 68 Monterey Car Spotting: Cool cars abound on the roads and in parking lots 70 SCM Insiders at Monterey: What we loved, heard and hated 142 Monterey Top 200: Highest-priced cars 116 Fresh Meat: 2011 Chevrolet Corvette ZR1, 2004 Lamborghini Gallardo, 2009 Aston Martin V8 Vantage 136 Glovebox Notes: 2011 Ford F-150 4x4 Supercrew 144 Mystery Photo: “Now that I think about it, there are worse Cadillac convertibles than the Allanté.” 144 Comments with Your Renewal: “Wife is now beginning to hide my SCMs soon after arrival.” 145 SCM Weekly Poll Results: Last year's Monterey sales generated $172m. What do you think this year's total will be? 146 Showcase Gallery: Cars for sale 150 Resource Directory: Meet your car's needs Additional Seat Time contributions, videos and images are available in this issue's Digital Edition, included with every print subscription. To sign up for your Digital Issue, go to www.sportscarmarket.com/digital or call 503.261.0555 Ext. 1 Sports Car Market

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Shifting Gears Keith Martin Monterey Millions amis, how could I argue? On a practical note, now that Lamborghini is a division of the VW Auto Group, buying a used one might not be the terrifying experience it once was. We all know that Germans have little patience with things that don't work properly or that have demonic service requirements, such as multi-thousand-dollar belt changes at timed intervals If you were in the market today for a pre-owned $80,000 supercar, would your choice be a Gallardo or a Modena 360? Please send your thoughts and experiences to me at keith.martin@sportscarmarket.com. With Fiat back in the American game, the Italian big guns of Bizzarrini, Lambo and Maser embellish the fairway T his issue offers the most complete and incisive coverage of the Monterey weekend, with 75 pages of comments and analyses. More than 220 collector cars are discussed in detail. Milliondollar cars sold like there was no tomorrow, with no fewer than 31 going to new homes. In short, Monterey 2011 was a particularly good time to be rich. For a car enthusiast of means, the vagaries of nearly all other forms of investment mean that front-rank, blue-chip collectible cars look particularly good right now. Someone buying a $10m or $15m car has already survived the Great Recession in good shape, isn't particularly bothered by the roller-coaster ride of the stock market, and is thoughtfully adding to his or her garage. It's not such a good time for sellers of under-$250,000 cars, as buyers of that type of merchandise are typically working from a much smaller asset base, and they have economic situations that are more prone to being influenced by factors beyond their control (read that as, “laid off due to downsizing or manufacturing moving offshore”). Inexpensive collector cars, and those darlings of yesteryear, muscle cars, continued to be hard to sell. If you've always wanted a good Boss 302, or even a well-done '55 Chevy Black Widow resto-mod, $40,000 might well get you in the hunt in either case — a 33% to 50% discount from a few years back. SCM as Carnac the Magnificent The overall results weren't unexpected. In the introduction to our 2011 Monterey Insider's Guide, we predicted that verifiable auctionblock sales from Monterey would be up 15% from last year's $172m. This year's final total, at $198m, was almost exactly a 15% increase. To celebrate the accuracy of our forecast, the entire SCM team celebrated by having a pizza baked in the shape of a Mercedes 540K. We know how to party. The Monterey Carousel My time in Monterey was typically frenetic and predictable. On Friday morning, I went to the Legends of the Autobahn Concours, where German cars were arrayed (neatly, of course) in an attractive setting. Since the demise of our Ponton, I've been on the lookout for a Teutonic replacement. For a brief moment, I had a hot flash when I spotted a nicely restored M6 shark (1976-89 E24-series) BMW sporting a “For Sale” sign, but luckily the feeling passed before I could do anything dangerous. Friday afternoon, I was emcee of my favorite car event in the world — Concorso Italiano — for the 13th year. The fairways of the Laguna Seca Golf Ranch were swathed in a sea of brilliant Italian colors. My daughter, Alex, once again asked her CI-specific question, “Since everyone else at Concorso has a Gallardo, why don't we?” And looking out over the sea of Donckerwolke-designed, four-wheeled orig- 14 Lamborghini and Maserati returned to Concorso; key executives were present and discussed their latest models, including the Fiat 500 and 500c, the Maserati GranTurismo Convertible, the GranTurismo Coupe and the edgy Lamborghini Aventador. Saturday marked our 10th Annual Insider's Seminar at the Gooding tent at Pebble Beach, where the SCM panel of experts, including John Apen, Carl Bomstead, Donald Osborne and Stephen Serio, shared their collective wit and wisdom with more than 200 SCMers. Following that was a personal tradition — a relaxed lunch at the Stillwater Bar and Grill at the Lodge at Pebble Beach. Our group consisted of me, Wendie, her son Tyler, Alex and CM contributor Michael Pierce. We were able to secure first-rate seats on the terrace. During lunch, we reflected about our lives and old cars, and how different things would be if 25 years ago we had created a magazine about waste management instead of one about Ferraris, Mercedes, Bentleys and their friends. I'm sure the view of the showfield wouldn't be nearly so swell. The rest of the afternoon was spent tire-kicking and lollygagging about with SCMers at the Bonhams, RM, Russo and Mecum auctions. Sunday started early, as I was the morning commentator at Pebble Beach, and I always enjoy the thoughtful “concours conversations” I have with participants that are broadcast on the big screen. I interviewed SCMers Bruce McCaw, who was with his recently acquired 1916 Stutz Series B Bearcat, and Chip Connor with his longtime friend, GTO S/N 4293GT — that he had raced the day before at Laguna Seca. I wondered about how many detailers — an army? — Connor kept on hand to transform his GTO from a bug-speckled, rock-chipped racer on Saturday to a brilliant, concours-ready car on Sunday. We always wrap up the trip by watching a few cars sell at the Gooding auction, with our odyssey then drawing to a graceful close. Price Guide Update All of the Monterey results are filtering into our data analysis sys- tems, and your updated Price Guide will be arriving in early December. As you might expect when the market is frothy, new price guides are popping up. What sets the SCM Price Guide apart is that we maintain an arms-length distance from what we are reporting on. SCM doesn't ship cars, insure cars or buy and sell cars for profit, so whether prices go up or down is irrelevant to our core business. Our mission is to simply record and report verified sales — for your benefit, not ours. Our databases contain nearly one million recorded, actual sales of cars that we have collected over the past 25 years. More than 720,000 sales are from eBay, and are available to you at www.collectorcarpricetracker.com. Another 130,000, with serial numbers, photos and descriptions, are in the SCM Platinum database. You'll find everything from $250 parts cars to $16m Ferraris; the entire market in all its breadth and complexity is represented. It is from this vast compilation of actual sales, rather than unverifi- able private transactions, that SCM draws its data and reports market prices and trends. If you're in the hunt, you should arm yourself with as many price guides from trusted, impartial sources as possible — few collectors have just one. Remember that all price guides are just that, guides, and in a volatile market, any price guide should just be a starting point. ♦ Sports Car Market Tony Piff

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Crossing the Block Tony Piff TV and movie cars will 1968 Dodge Dart Factory Hemi race car offered at Dan Kruse Classics in Houston Bonhams—Veteran Motor Cars and Related Automobilia Where: London, UK When: November 4 More: www.bonhams.com Last year: 10/11 cars sold / $1.2m At this annual sale, a dozen or so century-old cars will be offered, just in time for the London-to-Brighton Veteran Car Run. Only cars built before 1905 are eligible to participate in the event. Featured at this sale will be a 1902 Deckert 8-hp singlecylinder two-seater (Bonhams estimate: $80k–$90k). Silverstone—The Walter Hayes Sale Where: Northamptonshire, UK When: November 4 More: www.silverstoneauctions. com This sale takes place along- side the Walter Hayes Trophy race, an annual Formula Ford 1600 competition held in honor of the late Walter Hayes, noted for developing Ford's Formula One program in the 1960s. The top early consignment is a 1961 Morgan Plus 4 with racing history at Goodwood, Monza, Spa, Nurburgring and Le Mans ($225k–$250k). Bonhams—Classic California Where: Los Angeles, CA When: November 12 More: www.bonhams.com Last year: 62/88 cars sold / $1.4m Bonhams returns to the Petersen Automotive Museum for its ninth year. In addition to sports cars, luxury cars and motorcycles at a range of sub-$100k price points, the sale often features Steve McQueen cars, bikes and automobilia. Headlining this sale are a 1955 Packard SAGA concept car ($100k–$150k) and 16 the sole surviving Triumph motorcycle from “Happy Days,” ridden by the Fonz himself. Bonhams—Collectors' Motor Cars, Motorcycles and Automobilia Where: Harrogate, UK When: November 16 More: www.bonhams.com Last year: 68/88 cars sold / $900k This annual sale usually offers a mix of drivable collectors' cars, with an emphasis on British classics, mostly under $25k. Expect to see lots of Jags, MGs, Triumphs, and a handful of Bentleys and Rolls-Royces, plus a few Benzes and Alfas thrown in for variety. McCormick—51st Palm Springs Classic Car Auction Where: Palm Springs, CA When: November 18-20 More: www.classic-carauction. com Last year: 275/462 cars sold / $4.3m 500 cars will cross the block at this annual three-day sale, held once again at the Spa Resort Casino in downtown Palm Springs. Featured early consignments include a 1954 Cadillac Eldorado convertible, in one family since 1964, fully restored 15 years ago; a 1966 MG TF 1500 roadster, 800 miles since body-off restoration, all numbers-matching; a 1970 Dodge Challenger 440 R/T SE, numbers-matching with factory a/c; and a restored 1967 Austin Healey 3000 Mk III. Leake—Dallas 2011 Where: Dallas, TX When: November 18-20 More: www.leakecarauction.com Last year: 398/527 cars sold / $9.9m headline this annual auction of 500-plus automobiles. Star consignments include a 1967 Pontiac LeMans from the Vin Diesel film “XXX”; a 1973 Ford Torino and a 1963 Chevrolet custom “fuel heist truck” from “Fast and Furious”; a 1969 Charger from “Fast 5”; a 1930 Ford hot rod, featured in “Indiana Jones and the Kingdom of the Crystal Skull”; and two 1966 Ford Mustangs from the pilot of “Car Warriors.” Ryno Templeton, the car painter from “Car Warriors” and CMT's “Trick My Truck,” will make a special appearance. Dan Kruse Classics—Houston November Where: Houston, TX When: November 24-25 More: www.kruseclassics.com Expect a couple of hundred automobiles to cross the block at Dan Kruse's November sale, held at the George R. Brown Convention Center in Houston. High-quality American classics and muscle will be very well represented, along with hot rods and customs, plenty of European luxury and sports cars, a few racers and a handful of Italian exotics. ♦ Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: chad.tyson@sportscarmarket.com. OCTOBER 1—BONHAMS Munich, DEU 1-2—VANDERBRINK Greenwood, NE 6-7—RM Hershey, PA 6-8—MECUM Dallas, TX 7-8—VICARI Biloxi, MS 8—COYS Ascot, UK 8—VANDERBRINK Grenora, ND 8—AUCTIONS AMERICA BY RM Birmingham, AL 10—SHANNONS Sydney, AUS 14-15—TOM MACK Charlotte, NC 14-15—CROWN Tampa, FL 15—CHEFFINS Cambridge, UK 15—SPECIALTY AUTO AUCTIONS Loveland, CO 15—VANDERBRINK LaMoure, ND 15—MIDAMERICA St. Paul, MN 15—MOTOEXOTICA St. Louis, MO 19—H&H Buxton, UK 19—WEBB'S Auckland, NZ 21-22—BRANSON Branson, MO 21-23—COLLECTOR CAR PRODUCTIONS Ontario, CAN 22—VANDERBRINK Westville, OK 23—BONHAMS Melbourne, AUS 26—RM London, UK 28-29—DAN KRUSE CLASSICS San Marcos, TX 30—ARTCURIAL Paris, FRA NOVEMBER 1—BARONS Surrey, UK 3-5—AUCTIONS AMERICA BY RM Glenview, IL 4—BONHAMS London, UK 4—SILVERSTONE Northamptonshire, UK 5—VANDERBRINK Rochester, IN 12—BONHAMS Los Angeles, CA 12—VICARI Panama City Beach, FL 16—BONHAMS Harrogate, UK 18-20—LEAKE Dallas, TX 18-20—MCCORMICK Palm Springs, CA 25-26—DAN KRUSE CLASSICS Houston, TX 30—BRIGHTWELLS Herefordshire, UK DECEMBER 1-3—MECUM Kansas City, MO 2-3—RALEIGH CLASSIC Raleigh, NC 5—BONHAMS Brooklands, UK 7—COYS London, UK 7—H&H Buxton, UK 8-11—HOLLYWOOD WHEELS West Palm Beach, FL 13—BARONS Surrey, UK Sports Car Market

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Inside Line Chester Allen Send news and event listings to insideline@sportscarmarket.com. Kick tires along tree-shaded blocks at the 10th annual Winter Park Concours d'Elegance in Florida Events ■ Few places beat Daytona International Raceway for airing out a Ferrari, Maserati, Lamborghini or other fire-breathing Italian car, and that's exactly what will happen at Le Belle Macchine d'Italia from November 3–6. Professional instructors will be on hand to help drivers get the most from their cars during three days of driving. Drivers will be placed into first-time, novice, intermediate and advanced groups. Dealers, clubs and manufacturers will be there as well, which makes this part of Florida the place to be in November, especially if your car hasn't broken into song for a while. One day on the track is $695, and three days costs $1,395. www. italiancarsatpocono.com (FL) ■ The 78th London to Brighton Veteran Car Run will put more than 500 pre-1905 vehicles on the A23 Road — even if it pours rain — for the 54-mile drive from London's Hyde Park to Madeira Drive in Brighton on November 6. This may not seem like such a long way, but the cars can't exceed 20 mph, and many of them are open to the elements — and this is England in November. The sheer spectacle of cars that are at least 100 years old chugging down the road makes this a mustdo in the vintage-car world. The free International Concours is on London's tony Regent Street from 1 pm to 4 pm on November 5. www.veterancarrun.com (UK) 18 ■ Even as most of us are busily storing our cars for the long winter, the sun-drenched people in Orlando, FL, can go on pretending it is still summer, so why not display 120 wonderful cars along six tree-shaded blocks on November 6? The masterminds of the 10th annual Winter Park Concours d'Elegance also plan a Tour d'Elegance on November 5. Admission is free for spectators. www.winterparkconcours.com. (FL) ■ Texas in November usually means big football games, but few places are better than the Texas Hill Country — including the charming towns of San Antonio and Austin — for a last long drive before ice and snow shut down the vintage-car season. That's where the November 6-11 Texas 1000 comes in. Participants will gather in San Antonio and drive about 300 miles a day on beautiful two-lane roads. There are four days of driving, so that adds up to 1,200 miles, but who's complaining? The trip includes mechanics, luggage hauling and a fleet of 50 driver/ navigator teams. The tour is $5,495 for one car and two participants. www.vintagerallies. com. (TX) ■ Racing legend Phil Hill was the first American to win the Formula One Championship, but he was also a skilled mechanic, classic car restorer, photographer Cars and the sun shine at the Hilton Head Island Concours d'Elegance Sports Car Market and automobile historian. The Los Angeles-based Petersen Automotive Museum exhibition, “Phil Hill: The Life of a Legend,” explores the man through his own artifacts, which include his clothes and cars. The exhibit is open through November 27. Admission is $10 for adults and $5 for students. www.petersen.org. (CA) ■ The California Auto Museum's Vettes for Vets car show brings great Corvettes together and helps veterans groups. The second annual event on November 5 will bring plenty of beautiful Corvettes to Sacramento's Front Street. Entering a Corvette is just $10, and that also includes two tickets to the museum. The show is free for spectators. Veterans and active-duty military get free admission to the museum on November 5 and 11. www.calautomuseum.org. (CA) ■ The Hilton Head Island Motoring Festival & Concours d'Elegance revs to life in South Carolina in October and ends on November 6, and there just isn't enough time to see it all. This extravaganza concludes with the Hilton Head Island Concours d'Elegance on Sunday, November 6, but first comes the Motoring Midway stew of car history and technology November 5 to 6. The Car Club Jamboree is on November 5. Event prices range from $15 to $35, and there are deals for multiple-day tickets. Children younger than 12 get in for free. www.hhiconcours.com (SC) ♦

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SCM Contributors SIMON KIDSTON, SCM Contributor, hails from an old motor racing family. He began his automotive career in 1988 at Coys and was running the auction department three years later. In 1996, he co-founded and ran Brooks (now Bonhams) Europe in Geneva, staging the annual Les Grandes Marques à Monaco sale in Monte Carlo and creating the Ferrari winter auction in Gstaad. Kidston now operates a consultancy for car collectors based in Geneva. He is the official presenter at the Mille Miglia and Villa d'Este concours, a judge at Pebble Beach and has hosted motoring shows on Smithsonian Networks. In between, he has recently taken up vintage flying. You'll find his profile of the world-record, $16.4m 1957 Ferrari 250 Testa Rossa on p. 36. CARL BOMSTEAD, SCM SeniorAuction Analyst, spent his lawn mowing money on a 1948 Plymouth when he was 14, and since then an unknown number of unique cars have passed through his garage. His vintage automobilia collection includes hundreds of items. He has judged at the Pebble Beach Concours d'Elegance for the past 15 years and was recently appointed as the Head Judge for the Desert Concours d'Elegance that is held in La Quinta, CA. He is busy in this issue of SCM, as he profiles the 1931 Duesenberg Model J Murphy coupe (the Whittell Coupe) that sold for $10.3m at Gooding's Pebble Beach Auction on p. 48. His coverage of the RM Monterey Auction is on p. 76, and you'll find his report on the Pebble Beach Concours d'Elegance on p. 62. STEPHEN SERIO, SCM Contributor, is the president and owner of Aston Martin of New England / Lotus Motorsports Inc. in Waltham, MA, though for the most part, vintage European cars are where his heart is. Serio blames his dad for this because he brought home so many Matchbox cars during his formative years. His need to over-indulge in vintage European cars of the 1950s and 1960s inevitably leads to coveting one more car. Recent garage inhabitants include an Aston Martin V8 Vantage, Porsche 356A Speedster and 993RS, MercedesBenz 300SL Gullwing, Ferrari 275 GTS, and a Fiat 600 Jolly project. Recent twins, Rocco James and Enzo Nicholas, have joined older brother Jack and vintage-Porsche-driving wife, Amanda. On p. 30, Serio takes on a tough Affordable Classic assignment: finding the best buys of Monterey Car Week. TONY PIFF, SCM Auctions Editor, runs the Portland car spotting blog oldparkedcars. com, to which he credits landing his first contract at the magazine. Formative moments in his automotive development include the family Valiant being crushed by a semi truck, and his Dodge Dart throwing a rod when he was halfway from Seattle to Portland, as well as the indirect effect of his younger brother (and co-blogger)'s obsession with vintage Corollas. His fantasy car would be a '60s Dart or Valiant wagon or a '70s Japanese coupe (bone stock and fully patinated). He shows off his car spotting skills at Monterey on p. 68, and he takes a walk on the Monterey wild side in his Newbie-in-Monterey column on p. 52. Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Executive Editor Chester Allen chester.allen@sportscarmarket.com; 503.261.0555 x 203 Art Director David Tomaro david.tomaro@sportscarmarket.com; 503.261.0555 x 202 Managing Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Operations / Sales Manager Ryan Brinkley ryan.brinkley@sportscarmarket.com; 503.261.0555 x 218 Auctions Editor Tony Piff tony.piff@sportscarmarket.com; 503.261.0555 x 206 Data Analyst / Sales Support Chad Tyson chad.tyson@sportscarmarket.com; 503.261.0555 x 207 Copy Editors Yael Abel, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead, Paul Hardiman (Europe) Auction Analysts John Clucas (Australia), Daniel Grunwald, Jérôme Hardy (Europe), Chip Lamb, Norm Mort (Canada), Dale Novak, Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Prescott Kelly (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Paul Hardiman, Alex Hofberg, Simon Kidston, Ed Milich, Stephen Serio, John L. Stein Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print / Promotions Manager Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Tom Mann tom.mann@sportscarmarket.com; 877.219.2605 x 211 Jeff Brinkley jeff.brinkley@sportscarmarket.com; 877.219.2605 x 213 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions / Events Manager Kyle McBride kyle.mcbride@sportscarmarket.com; 503.261.0555 x 216 Subscriptions Coordinator Rich Coparanis rich.coparanis@sportscarmarket.com; 503.261.0555 x 217 To order new subscriptions or for questions about current subscriptions 877.219.2605, x 1; service@sportscarmarket.com, fax 503.253.2234 M–F 9 am to 5 pm PST @scmhelp www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Customer Support www.sportscarmarket.com/helpdesk Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th Ave, Suite 100, Portland, OR 97232 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2011 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive Investor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA 20

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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 Draneas wrote an opposing view on the collector car funds issue in the September issue (“Legal Files,” p. 40). The late, lamented Ponton's booster To the Editor: Sorry to read about the Mercedes-Benz 220S (October, “Shifting Gears,” p. 10). They are great cars, and it is a shame to lose one in such nice original condition. Your finding of no brake fluid … someone who buys a legitimate Ferrari and modifies it in any way they see fit is simply exercising their right to casual enjoyment of the product A Ferrari monster truck? To the Editor: In your October 2011 issue, Michael Lynch described Ferrari's legal efforts to block the sale of Ferraris converted from coupes to convertibles, based on their trademark (“Legal Files,” p. 32). I am unaware of any precedents supporting Ferrari's position. While they can certainly make a case that those who manufacture Ferrari-style body kits for Fieros are impinging on Ferrari's trademark, someone who buys a legitimate Ferrari and modifies it in any way they see fit is simply exercising their right to casual enjoyment of the product. If they want to glue beer cans all over it and sell it as an art car, that's freedom of expression and commerce. If they want to bolt a Ferrari body to a monster truck chassis, that's their own business. Please elaborate on how Ferrari is supporting their position. Thanks for a great publication! — Phil Menhusen, via email. Chester Allen, SCM execu- tive editor, responds: Thanks for your note, Phil. We have Ferrari Classiche's view of the situation in this month's “Legal Files” on p. 34. 22 Pity the fools! To the Editor: I just returned from an extended vacation and am catching up on my SCM reading, so I am a little late in responding to the collector car funds articles (August “Legal Files,” p. 38). My reaction is simple: what a load of rubbish! Pity the fools (sorry, Mr. T) that view collector and vintage cars as a financial fund. Even more laughable would be the fund-member wienie at a show standing next to “his” car! Great, another poser at which my sons and I can snicker. Don't even mention the amount of fraud that this will open. Here is a new career for all those unemployed mortgage brokers! This article was a parody, right? — Keith Ennis, Jupiter, FL Executive Editor Chester Allen responds: Keith, thanks for your note. Martin Emmison was reporting on a fast-growing trend in the collector car world, and we thought it was important to inform our readers. Emmison did a good job of explaining the risks of such investments — and all investments carry risk. We also knew that this story would raise lots of questions among SCMers, so columnist John Sports Car Market and a malfunctioning booster sounds correct. I have restored and rebuilt these boosters for the past 20 years — averaging about four to five per month. Yours is a cautionary tale for many Mercedes-Benz cars of the 1950s and 1960s. If you own the following cars, you have this type of booster: 190, 190b, 190SL, 219, 220S, 220SE, 300d, 300S, 300SL Gullwing and 300SL Roadster. I believe the booster was invented by Bendix Aircraft and then used by the Bendix Automotive Division and called the Hydrovac. I have a copy of a Bendix engineering drawing dated 1955, but I feel it was invented in the 1940s or earlier, as the booster was used on World War II vehicles. The Hydrovac and dozens of variations of it were so popular that they were used on everything, including forklifts, foreign cars, American cars, and even Army half-tracks. What happened to you could happen to many other owners of 1950s and 1960s cars. If your booster is held together with “J” hooks, you have a Hydrovac. Here is what happens when the booster fails: When the main seal between the vacuum chamber and brake fluid fails, the vacuum from the engine allows brake fluid to enter the vacuum chamber. This can happen a little at a time or as a catastrophic loss. If the loss is heavy enough, brake fluid will be burned in the engine and appear as white smoke. If not, then the booster vacuum chamber is simply filling with brake fluid. Monitoring the brake fluid level is the best way to prevent this. Prior to plastic see-through brake fluid containers, Mercedes used steel cans. So, people do not always check the brake fluid. As you can attest, checking the brake fluid should be done as often — or more often — than checking the engine oil level. Once you detect a loss of brake fluid, do not simply refill the reservoir. Find out where the fluid is going. If the booster fails as above and you have no way to stop driving the car, the fix is easy. Disconnect the vacuum hose from the intake manifold to the booster and plug the inlet on the intake. Without vacuum, the booster is inert. Brake pedal pressure will increase, so you have to push the brake pedal harder to achieve the same braking effect, but that is all. Early 190SLs did not even have a booster. (Nor did Mercedes 219s – ED.) I have never heard of a car losing all braking at once.

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You Write We Read Ad Index Artcurial ....................................................... 95 Aston Martin of New England................... 131 Auctions America......................................... 17 Autosport Designs...................................... 127 Barrett-Jackson ............................................ 31 BMW Car Club of America, Inc.................. 65 Boca Raton Concours d'Elegance ............. 121 Bonhams ...................................................... 23 Bonhams & Butterfields......................... 25, 27 Branson Collector Car Auction.................. 113 Canepa.......................................................... 85 Chubb Personal Insurance............................ 91 Clars Auction Gallery ................................ 135 Classic Cars West....................................... 153 Classic Restoration....................................... 99 Classic Showcase......................................... 67 Cobalt Automotive LLC ............................ 155 Coker Tire .................................................... 87 Collector Car Price Tracker ....................... 148 Collector Studio ......................................... 139 Copley Motorcars......................................... 97 Cosdel ........................................................ 149 Crown Collector Car Auctions..................... 33 Dan Kruse Classics ................................ 81, 83 Driversource Houston LLC................ 123, 129 European Collectibles ................................ 137 F40 Motorsports......................................... 149 Fantasy Junction........................................... 53 Ferrari of Seattle ........................................ 125 Gooding & Company..................................... 2 Gregor Fisken............................................. 4–5 Gullwing Motor Cars, Inc.......................... 131 Hagerty Insurance Agency, Inc. ................... 55 Hamann Classic Cars................................... 41 Harbor Freight Tools.................................. 117 Heacock Classic .......................................... 29 Heritage Classics........................................ 107 Hollywood Wheels Inc........................... 72–73 Hyman, LTD ................................................ 89 Intercity Lines .............................................. 35 JC Taylor.................................................... 105 JJ Best Banc & Co ..................................... 147 Kastner & Partners Garage ........................ 137 Kidston......................................................... 13 Kinekt......................................................... 153 Leake Auction Company............................ 8–9 LeMay - America's Car Museum............... 119 Mac Neil Automotive Products Ltd........... 103 Mecum Auction............................................ 39 Mercedes Classic Center.............................. 15 Miller's Mercedes Parts, Inc........................ 97 Motorcar Portfolio ..................................... 145 Palm Springs Exotic Car Auctions............. 101 Park Place LTD............................................ 79 Paul Russell And Company ....................... 135 Poff Transportation .................................... 126 Pro-Team Corvette Sales, Inc..................... 115 Putnam Leasing............................................ 57 Reliable Carriers .......................................... 77 RM Auctions.......................................... 19, 21 Ron Tonkin Gran Turismo ......................... 129 RPM Autobooks......................................... 148 Russo & Steele LLC .................................. 6–7 Slot Mods....................................................111 Sports & Specialist Cars ............................ 133 Sports Car Market...................................... 136 SWISSVAX AG......................................... 109 Symbolic Motor Car Co................................. 3 Take Your Car To Auction, LLC................ 149 The Stable, Ltd............................................. 93 Ulysse Nardin Watches .............................. 156 Universal Autosports.................................. 133 VintageAutoPosters.com............................ 149 Watchworks................................................ 153 Worldwide Group......................................... 11 24 You Write We Read Customers just do not realize that Ferraris, whether they are old or new, are very time-consuming to work on… Usually the process is gradual, and you eventually get to the point of having a mushy brake pedal to alert you to a problem. Monitoring the brake fluid level on an old car should be a routine process, whether it is English, German, Italian, etc…. Good luck with your next vin- tage Mercedes. And keep up the good work with the magazine. — Will Samples, via email Another V8 Vantage fan To the Editor: Aston Martin Vantages handle a lot better than almost two tons of sheer stonk has a right to (October, “You Write,” “V8 Vantage Respect,” p. 22). First time I drove a stock (nonVantage) V8 coupe, against a 928 in which you just select “D” and let it bounce off the rev-limiter until you hit 160 or whatever it is, I was amazed to find I preferred the Aston in roundabouts. It all seemed to be leaning over a lot, and I'm sure there was a certain amount of tread sticking out of the inside rear wheel arch, but it went where it was pointed, predictably. I won't quite say it was as chuckable as my 1,984pound, tied-down Mk1 Ford Escort sprint car, but it was a lot nicer than the Virage that came after. Really good, faithful cars (though you have to whack the starter sometimes, but maybe it was about pining for Joe Lucas). — Paul Hardiman, via email Executive Editor Chester Allen responds: SCM readers will notice that Paul Hardiman is one of our valued contributors, and we believe he puts in as much time behind the wheel as he does in front of a keyboard, to all of our benefit. We do this on slow days too To the Editor: I recently used your price guide at the Ault Park Concours d'Elegance near Cincinnati, OH. Imagine my surprise when I tallied up $38,000,000 worth of Ferraris gracing the show! The GTO, LM and NART Spyder accounted for most of it, but the other 33 Ferraris helped too! — Greg Stanley, via email A Ferrari mechanic's best friend To the Editor: Just wanted to say your Michael Sheehan's recent article (October, “Sheehan Speaks,” Sports Car Market p. 44) was really well said. The magazine comes to my house, and I had to bring it to the shop and let the guys read it and they agreed with what you said. We rarely — or perhaps never — bill for all of the time we have in a job, and customers just do not realize that Ferraris, whether they are old or new, are very time-consuming to work on. I may, with your permission of course, frame the article and hang it on the office wall. — Tim Stanford, via email Two big cats To the Editor: Thanks again for another issue of my favorite publication. Chester, our 22-pound tomcat, is particularly fond of this issue. Please keep up the great work! — John P. Gerton, via email

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Time Pieces by Alex Hofberg A Barrel-Shaped Longines Watch from Another Age Sometimes a watch appears that is so well preserved — and so unusual — that one thinks it was transported through one of the paradoxes of time and space directly from the end of the 19th century. The trouble with documenting such a watch is that its very obscurity makes the story hard to tell without a great deal of speculation — and an un shortage of facts. The following is just one instances: Made at a time when wristwatches wer starting to replace pocket watches, this n less watch was made by the illustrious Sw firm of Longines, which until 1929 held mo first-place awards at international world fair and exhibitions than any other company. As the earliest wristwatches were made using movements that were intended for small pocket watches and pendant watches, the movement contained within our mystery watch is quite large. The first and most obvious element that registers is the watch's enormous size and tortoise shape. The other is the multiplaner shape of the dial and crystal which, combined with the “exploding” style numerals, makes the watch seem like some form o organism — one that may still be growin This organic styling takes its cues from the A Nouveau pe which laste the early 2 tury. The other unusual Details Production Date: About 1914 Best way to wear one: With denim and a great short-sleeve shirt, as this bulky watch it won't fit under a cuff. Ratings ( Rarity: Durability: Parts/Service Availability: Cool Factor: is best): element of this watch is the handmade bracelet, which is made of rose gold mixed with subtle stripes of green gold. As watch straps were in their infancy, and the spring (the pin that holds a strap in place on a watch) had not yet been developed, the watch has a solid bar Neat Stuff by Tony Piff Detailing the Details with Teutonic Precision ectionist German auto nuts should be acquainted with the SONAX name already, n if it's new to most SCM t-selling car care brand i ive Germany, where the mily-owned business has en obsessively refining i oducts for more than 60 ars. Their NanoPro line o ecialty cleaners and liqu waxes (each 500 ml bottl $19.99) features super-fin ticles, made possible thr the use of nanotechnolog for an exceptionally refi evel of protection and sh The high-performance products a finally available on the American market a specialty shops and websites such as www detailing.com. 26 welded between the lugs. To affix the bracelet and enable the wearer to open the bracelet, a series of four swivels were welded together, and they snap over the lug wire. This is an elegant solution that allows the bracelet pattern to be uninterrupted by a buckle. This watch is marked inside with the famous Longines d clepsydra (hourglass), which is the oldogo for a watch company in existence. The rries the Russian hallmark “56,” which is ent for 14 karat gold. y of the watches made in this style are marked, which suggests that the watch nded to be sold into the Russian Empire ch ended with the Russian Revolution of Similarly styled watches are often marked s way. Although there are examples signed ega and Zenith, most seem to have been made and sold by Henry Moser, who, through a network of stores and distributors, had a huge share of the Russian and Asian watch markets. There is a long history of watches with a barrel-like shape similar to this one, mmonly known as tonneau (tonneau is the ch word for barrel), made by Cartier, Patek ippe and Franck Muller. Even Longines elves revived the design in a modern line l “Evidenza.” astes in modern watches tending toward de, collectors often shy away from antique s they seem small compared with presents. But our subject relic has the authenticity of being the precursor to many of the modern classics, and it also has the heft to attract a modern watch enthu- siast. Pricing such a beast is challenging, as gold has reached record levels and there are few direct comparable examples, but expect to spend at least $5,000 to add one this nice to your collection. We still have no model name for this beautiful, mysterious Longines watch, but a dealer would call it a rose gold, Russian market, exploding numeral, tonneau…. Art of the Car Watercolorist Richard Lewis masterfully walks the tightrope of “automotive artwork,” portraying images of car culture that don't just look like something out of a 1950s diner. He creates photo-realistic renditions of classic car scenes, with a thematic focus on mirror-like reflections. Lewis will spend upwards of 200 hours on a single piece. If a 60” x 40” original with a five-digit price tag is not in your budget, prints are available in many sizes at more manageable price points. Visit www.rlewisstudio.com to view the full gallery and to see works in process. ♦ Sports Car Market

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In Miniature by Marshall Buck Ferrari 250 GT California Spyder SWB The California Spyder seems to be one of those sports cars no one can get enough of. They're often found in concours, rallies, tours and auctions. For many years, model manufacturers have produced California Spyders to death in more scales (from tiny to huge) and more configurations than I can count. One of the latest companies to jump onto the overflowing Cal Spyder bandwagon is Mattel, with a fairly new release in their Elite series. This model is not to be confused with their earlier release under their “Hot Wheels” label. The model shown here is all new, with greatly improved tooling. The original/previous issue was, simply put, a very bad model. More details about the Mattel Elite line can be found in the May 2011 SCM (p. 24). For a long time now, I've waited for a good Cal Spyder in anything larger than 1:24 scale, and here we finally have it in 1:18 scale. I like it — even though it could be better. With all Mattel models you usually get what you pay for; nothing more — and sometimes less. Overall this is a pretty darn good Ferrari model, especially when keeping the price point in mind. However, unlike the real car, the Mattel pieces will never be worth more than their original price. Why? Two words: market saturation. As many as 25,000 might be produced. The run will be limited to no more than 5,000 of each of five versions, and that doesn't include their prior models. In this price range, it's foolish for anyone to make any purchase based on potential appreciation. For appreciation and real value, you have to stick with very rare, hand-built models (limited to no more than 250 pieces) and one-of-a-kind, custom-built masterpieces. So, the rule with this model and so many other “collectibles” is, if you like it, buy it and just enjoy displaying it. Based on aesthetics, I chose the metallic gray version, which ap- pears to be the best choice from what is offered. Other choices are black with black, a brownish maroon with tan, and Good Lord, a “Ferris Bueller's Day Off” movie version… argagggh! Yes, they've made a model of a real Ferrari and tried to simulate a fakey-doo, bad replica from the movie — in red with tan interior, two added-on bullet mirrors and an outside gas filler. Well, another version makes up for that one a little bit — the white, number 20 car as raced at Le Mans in 1960. It's very well done, with many detail differences. There is just one glaring mistake on its box, which Ferrari Licensing actually approved. In big, bold red text it reads: “LM 1969.” Huh? Back to the model. The body shape is really great, maybe not 100%, but pretty close. The very fine metallic paint is fairly smooth with a good gloss. All panels open, and fit is decent, with the exception of the hood, which apparently is a problem on all of these, so don't bother looking for one with a perfect hood. Up front, the grille is a little flat, but passable. Chrome all around is good — but not great — and for some reason they have toned down the finish on the wheels and knockoffs. Detailing in the engine compartment Model Details Production date: 2010–2011 Quantity: 5,000 each of five versions SCM Five-Star Rating: Overal Quality: Authenticity: Overall Value: Web: www.motorsportsminiatures.com is reasonably good. It is better than I expected, and the same can be said for inside the trunk. There's chassis detail, with separate exhausts and driveline. The interior is good, with some fine detail and some heavy handed. So it's a bit of a mixed bag here, although it is still a recommended model. Priced at $99.99. 28 Speaking Volumes by Mark Wigginton At the Limit: Twenty-one Classic Cars That Shaped a Century of Motor Sport By Nick Mason and Mark Hales, Motorbooks, 176 pages, $149.00, Amazon Say you want to own a certain collector car — a former race car. Naturally you want to learn everything you can about it, and there are plenty of books that will fill you in on the model, the chassis numbers, even the competition history of your particular car. And of course you plan on driving it. Take it to a track day. Learn what it is like to drive at speed. But look long and hard, and you still won't find books that tell you what it will be like the first time you start it or the first time you throw it into a corner at a racetrack. At the Limit solves that problem, at least for 21 race cars span- ning every decade of the 20th century, all from the collection of Nick Mason, the drummer for Pink Floyd and a vintage car fan. Joining forces with Mark Hales, longtime racer and motorsports journalist for Classic & Sportscar, Autosport and the Daily Telegraph, Mason puts his cars on the track regularly at vintage events around the world. In At the Limit, the duo combine to tell you not just the history and technology of each car and how it got into the Mason collection, but also to describe what they sound like and what they handle like — the good and the bad — from terrifying quirks to the joy of a perfectly executed four-wheel drift. Mason handles the backstory of each car, shedding light onto the nonsensical process that turns a love of old race cars into a bank-emptying journey of lunacy and happiness. But while Mason's accounts are candid and entertaining, the real meat comes with Hales' beautifully evocative descriptions of driving the cars, from ignition to putting together hot laps. He has a lovely voice, clear and simple while being emotional at the same time. Here is a taste from his description of the Maserati Tipo 61 “Birdcage”: “Exhaust booms with a breathy, amplified, electric bass rumble, climbing the scale like a finger sliding swiftly up a fretless neck. Then a smooth patch where the reflection in the mirrors comes into focus … More exhaust boom. An amount of noise rather than a volume. It doesn't seem so loud while you're there but it leaves the ears numb for the evening to follow.” Wow. At the Limit is a joy from beginning to end. It is a must for your shelf — and the best way to experience cars you might never drive. Provenance: Mason's car collection is broad and smart, with representatives from a 1901 Panhard B1 and 1931 Alfa Romeo 8C 2300 through a 1990 Porsche 962, with Grand Prix cars of many eras, winning sports racers, the entire range. He clearly doesn't just collect them but also nurtures them, and most importantly, drives them. Fit and finish: The design is truly lovely, with wonderful photos in support. Mason's and Hales' voices are each set off with different typography, and there is no confusion and an easy flow to the book that makes it a delightful read. Drivability: This is the best book I have read for some time. It does exactly what it sets out to do, and does it with style, grace and intelligence. The only thing missing is a CD of sounds of these magnificent cars, and evidently that is available in the U.K. edition, which is titled Into the Red. ♦ Sports Car Market

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Affordable Classic Four Great Buys from the Monterey Auctions Did You See That '58 Aston Martin DB Mark III? Something special happens during this wild weekend — there are golden opportunities to buy cars that you wouldn't normally see offered for sale by Stephen Serio Details Aston Martin DB Mark III Years produced: 1957–1959 Numbers produced: 84 Original price: $3,652 Current SCM valuation: $275,000–$450,000 Tune-up cost: $1,100 Distributor cap: $75 Chassis #: Brass plate on right side of firewall and stamped on right upper frame tube Engine #: Stamped on top right side of front timing cover Club: Aston Martin Owners Club More: www.amoc.org Alternatives: 1957–1961 Mercedes-Benz 300SL Roadster, 1956–1959 BMW 507, 1954–1955 Lancia Aurelia B24 Spider America The buyer made off like a bandit on this Aston I s there such a thing as an affordable classic or a good deal during Monterey auction week? Watching collectors and enthusiasts flock to the numerous auctions searching for a special, once-in-a-lifetime deal is like watching a professional goat rodeo. If you are a chaos junkie, this is for you, but making sense of this madness can be taxing, perplexing and exhausting — even for seasoned pros. Imagine every dealer, collector, punter, enthusiast and wannabe all gathering under a tent, vying for that special auction lot. Everyone is hoping, thinking and praying that maybe, just maybe, they can grab a bargain or a deal when the collective masses fall asleep, blink or go for their third cocktail. The fantasy is that I'll be the only one paying attention when the gavel falls! Yeah, that's about as likely as getting a winning Powerball ticket. Treasures still gleam Yet despite all that, sometimes something special does happen during this wild weekend in California — there are golden opportunities to buy cars that you wouldn't normally even see. In a perfect world, the particular treasure that you've been searching for can be acquired at a sensible price and maybe even at a small discount — think 5% to 10%. I feel that the following four cars were bought astutely and may be damn hard to replicate in a reasonable period of time at these same prices, if at all. I'll go from least expensive on up: Lot 65, 1966 Jaguar XKE Series I 4.2-liter coupe, sold for $93,500 at Gooding & Company's auction on August 20 You might be thinking, what's so special about a Series I Coupe at this price? This car was not a steal by any measure, but try and find another one-owner, California Black Plate E-type with a stonking great original interior, superb panel fit and mostly original paint. This car felt every bit like the Swinging Sixties icon that it was, and it will be really hard to duplicate for the passionate originality guru. The E-type world is overrun with available inventory, most of it space junk. I have to admit that I tried to buy this car, as it was late in the auction and I was 30 SCM Investment Grade: B hoping no one was paying attention. As if! I couldn't get the deal I wanted, and I was envious of the fellow with the deeper wallet. Lot 130, 1958 Aston Martin DB Mark III drophead coupe, sold for $247,500 at RM Auctions on August 19 Lots of pre-auction press followed this particular lot. Sadly, this lovely Aston Martin had a strong, smelly media-related funk attached to it that wrecked any chance of it going above catalog estimates. I think this car was bought at a real wholesale price. For those of you unfamiliar with the story, it was owned by the brother of the now-infamous and unloved Bernie Madoff. Let's face it; if a car could possess extra-bad karma, this was the ride. Quite a few Aston lovers I spoke with refused to be interested in this car, just on principle alone. “Hey, I just bought a Madoff car at auction!” This is not the thing you want to shout out and brag about anywhere on the East Coast, and therein lies the rub, but a rub that hurts people only in the U.S. A standout in a world overrun by E-types Sports Car Market Darin Schnabel, courtesy of RM Auctions Alejandro Rodriguez, courtesy of Gooding & Company

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Affordable Classic Four Great Buys from the Monterey Auctions A fellow Aston dealer from the U.K. asked about the car after the auction, and he wondered why it went so cheap. I explained the story. When he uttered the words, “Who's Bernie Madoff?” I realized that perhaps a smart European was the lucky new owner. This was a straightforward, decent older restoration, and it was a car that you'd be happy to own. Details Jaguar XKE 4.2-liter coupe Years produced: 1964–1967 Number produced: 7,770 Original list price: $5,595 Current SCM valuation: $40,000–$60,000 Tune-up cost: $500–$750 Distributor cap: $45 Chassis #: Plate on center of firewall Engine#: Stamped on engine block above oil filter Club: Jaguar Clubs of North America More: www.jcna.com Alternatives: 1963–1965 Aston Martin DB5, 1963–1965 Porsche 356C, 1965 Porsche 911 2.0 SCM Investment Grade: B Details Ferrari 288 GTO Years produced: 1984–1985 Number produced: 272 Original price: $83,000 Current SCM valuation: $750,000–$1m Tune-up cost: $3,500–$4,500 Distributor cap: $575 Chassis #: Rear right corner of frame and on the steering column Engine #: Top of the block toward the front Club: Ferrari Club of America More: www.ferrariclubofamerica.org Alternatives: 1959–1963 Aston Martin DB4GT, 1988–1991 Ferrari F40, 1995–1997 Ferrari F50 SCM Investment Grade: B Details BMW 507 Years produced: 1956–1959 Number produced: 253 Original list price: $11,000 Current SCM valuation: $850,000–$1m Tune-up cost: $1,700 Distributor cap: $500 Chassis #: Plate on firewall, stamping on chassis near right front suspension pickup point Engine #: Right side middle of block Club: BMW Car Club of America More: www.bmwcca.org Alternatives: 1957–1961 Mercedes 300SL Roadster, 1964–1965 Aston Martin DB5 DHC, 1959–1961 Jaguar XK 150S Roadster SCM Investment Grade: A 32 Affordable at $1m-plus? Only in Monterey Sports Car Market Lot 39, 1985 Ferrari 288 GTO, sold for $748,000 at Gooding & Company's auction on August 19 The 288 GTO was Ferrari's first “modern” supercar, it was their first real foray into carbon fiber and it was the first Ferrari to re-use the magical GTO moniker. With just 272 examples, they are few and far between compared with many other modern Ferrari supercars. More importantly, the market on these particular cars has lit up again in 2011, with some private sales on some very-low-mileage cars going well above the $1m mark. This car checked all the boxes for a 288 GTO, except it was not the lowest-mileage example, with just under 25,000 kms (15,000 miles) showing. So what? If you're actually going to use this car occasionally, this was the perfect buy. If you add 5,000 miles to a car like this over a few summers, this is the smart buy. Upon inspection, this was a flawless car, down to the imperfect original paint. This particular car came from a great collector who spent a great deal of time and effort making sure this was a true 99-point example. The new owner has a great car here. Lot 440, 1957 BMW 507, sold for $1,002,500 at Bonhams' Quail Lodge auction on August 19 OK, $1m-plus does not land a car in the “Affordable Classic” range for 99.9% of us. I get that, believe me. I've listed this car for the simple reason that this market is red-hot, and this particular 507 could have been sold ten different times for this price during this weekend. Hmmm, let's say we rename this page “Most Desirable Not the lowest mileage, but still perfect as a summer driver Classic” for these few paragraphs. This car has a quality restoration from one of the best shops. It also has Rudge wheels (albeit repros), a hard top and a great color combination. This car is beautifully presented, with no excuses. I personally don't care for these cars for myriad reasons, but I liked and admired this one, even though it is an early Series car that I wouldn't fit in. This car falls into the column of “I want one and it's here in front of me, so how long do I wait to get another one?” This was one of Bonhams' star cars for Monterey, and this car did not let them down. These cars are the ultimate post-war BMW collectible, and they appeal to buyers all over the globe. This is a just my own snapshot of four cars that I think were smart buys for one reason or another. The exercise here proves that even in the most car-centric spot in the universe, overrun with thousands of like-minded manic enthusiasts, you can still end up with a “deal” if you really put your mind and wallet to it. ♦ Pawel Litwinski, courtesy of Gooding & Company

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Legal Files John Amette and John Draneas Ferrari Classiche Controversy: Another Side The criticism directed at the factory and dealers for actually making Classiche a for-profit center is naïve beyond belief content of the car, even if they cannot be certified at present. I can only address the issues raised in the column in areas that I have actual experience with, and these observations are mine alone. What's wrong with making money? First, the criticism that is directed at the factory and dealers for making Classiche a for-profit center is naïve beyond belief. Many journalists, historians, restoration shops, dealers and mechanics are trying to earn a living from the famous Ferrari product. Second, the actual expenses involved, which vary from car to car, are not unreasonable. We charge a flat $1,500 fee for an inspection, recording numbers, taking all necessary and additional images, and completing the application. The “horrible” Daytona mentioned in the story has a factory charge of $3,000 once accepted and the certificate and portfolio sent, which we would be debited for and do not mark up. Where the costs quoted came from I have no idea. Older and competition cars increasingly require chassis dimen- Should determining the provenance of a Ferrari be a philanthropic endeavor? Editor's note: In the October 2011 “Legal Files” column, writer and Ferrari historian Michael Lynch expressed his concerns about Ferrari Classiche and its influence on the market. John Draneas, our “Legal Files” writer, commented on Lynch's opinions and asked for comments from others. John Amette, a manager for Ferrari Classiche and a well-known figure in the collector car world, responded: I am writing to a publication for the first time in my 47 years in the automotive industry. The fact that my choice to express my personal opinion is Sports Car Market says a great deal. Your balanced and knowledgeable coverage is simply the best. The subject that motivated me is the October 2011 “Legal Files” column (“Is Ferrari Classiche Unfair?”p. 32), concerning the Ferrari Classiche program. In 2007, I began working for two Southern California Ferrari dealers to establish Classiche departments for both and increasing service involvement with older Ferraris. I remain in that employment. We are one of the largest sources of Classiche ap- plications to the factory, on occasion generating almost 30% of the total from the U.S. Our client applications are submitted through Ferrari North America, then to the factory Classiche department for their review and advice — and then finally to the Committee of Certification. Have we experienced some difficulties with our applications? Yes. Have we had to make corrections and changes? Yes. Have we had to re-inspect cars? Frequently. Have we become frustrated at times? Absolutely. Have we had surprises? Definitely. However, we've received certification for almost 90% of our clients, and we continue to work on applications that require additional information. Those Ferraris with unverifiable non-conformities at least allow for a better understanding of the actual 34 sion file measurements to be completed, for which we charge a flat $700, and chassis metallurgy tests — which involve renting a spectrometer — that cost $2,000. We explain to the client that the application process is just the beginning, and it is not a guarantee of completion and acceptance. The 166 MM Barchetta This brings me to the first of the Ferrari 166 MM Barchetta cited in the original story. We took this car from the start to the final documentation, which determined that the anomalies found in the car could only be truly evaluated at the factory. The total expense for that work was $4,200. The owner, who was a pleasure to work with, received the completed application document, chassis dimension and metallurgy files for his records, which are confidential, as is all of our application data. We did extensive additional research at no charge. The factory also spent substan- tial time in the archive and period records. As the application did not proceed, they made no charge. An accepted 166 would incur a $4,500 factory charge. The second 166 in the story had previously had an application document submitted, and we were asked to inspect and assist, which we did at no charge, as did the factory. The lack of any period written or visual documents regarding the rebody excluded the possibility for Attestation. In these instances, the factory requires verifiable documentation, images, race results and so on. Their research and due diligence may seem to proceed with an overabundance of caution, but with very good reason. This is why: One of the last tasks I performed before leaving Ferrari North America was to remove all the numbers and identification from a 250 Alloy SWB Comp car that was a replication from the criminal Lord Brockett collection, and had been sold as real. The real car subsequently surfaced in Germany. I couldn't have visually deter- mined the Brockett car was not real. Most replications are done without any intention to deceive, but this one was. We have not encountered any fakes in our Classiche activity. As much as the experts and the historian owners want to tell you that their years of work, research, libraries, writing books (for profit) makes their information unimpeachable, the simple fact is no one knows it all. No one stepped up when the SWB was purchased at market value with questions. Ferrari is not trying to control the vintage market From my standpoint, the criticisms of Mr. Lynch's article are uninformed and inac- curate. The content in the “cease and desist” letter cited in the original story is quite concise and clear. The Attestation category is not a lesser evaluation or understanding of a car. The poster child for the category was of course the famous 240 GT “Breadvan.” We undertook a preliminary application for another Drogo 250, which we were unable to Sports Car Market

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continue with for various reasons. The original story's comparison of Ferrari Classiche certification to wine values, which might be influenced by a subjective rating, is interesting, given that I read an article in the Wall Street Journal, which explained that expensive, collectible wines may not all be as they are represented. Michael Sheehan, SCM's Ferrari columnist, often draws analogies with the art world, where attempting to determine actual value and authenticity is an extremely difficult and controversial practice. We at least have some measurable and recorded values to work with from the factory archive and many period publications. Finally, the suggestion that Ferrari is in some way attempting to imanipulate or profit from the used car business is right up there with some of the looniest conspiracy theories I've heard in the past 50 years. I am reminded of a documented story from the world of opera, which is another complex activity with Italian overtones. During a grand performance, the stage was packed with singers, chorus and props, which included two large war horses of Clydesdale proportions. The soprano was laboring through a solo aria. The horses began breaking wind, to subdued laughter. The horses eventually dumped on the stage, to uncontrollable laughter. The diva stormed off. The tenor strode to the front of the stage, threw out his arms in the direction of the horses, and announced to the audience, “Everyone's a critic!” Apparently that's still the case. I stress that all these reflections are entirely personal. John Draneas responds This thoughtful response from John Amette gives all of us another take on the situ- ation — and more to consider. Lynch and Amette's counterpoints bring to mind how the two parties to any discussion (or litigation) generally each have plausible stories that need to be reconciled for a final decision to be made. Here, each party's opening position seems rational. They each select examples that fit their views quite well. They each interpret nuances and intentions from their own perspective. Our job as the judge or jury is to examine the facts and circumstances in objective ways to reach a conclusion that is not focused on only one party's interests, perceptions and opinions. That is not an easy thing to do. It requires not only considering what the parties have told us, but also that we consider the observations of others (witnesses), and that we evaluate all the evidence from our own perspectives. Each party gets only one chance to tell us everything we need to know; there is no tentative answer followed by a second chance to present more evidence and further persuade. Doing that well takes a lot of time and effort, and that is why litigation can be so expensive. Whatever the “jury” decides, there are some points that “Legal Files” can offer that would seem to be capable of wide acceptance: • A fairly administered program to document the authenticity of collector cars would be extremely beneficial to the hobby. • A documentation program that is inconsistent, plays favorites or is overly focused on the pecuniary interests of the inspectors would not be beneficial. • Authentication of the more rare and important cars is more important than the documentation of serial production cars. It should involve greater research effort. • There is nothing wrong with the inspectors charging a fair fee for their service. • Collectors should assume the responsibility to understand exactly what the documentation does and does not mean. Ascribing exaggerated meaning and value to any certification is not in the best interests of the hobby. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. November 2011 35

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Ferrari Profile 1957 Ferrari 250 Testa Rossa Prototype Chassis number 0666 is appropriate for a car that has been to hell — and back to set an auction record by Simon Kidston Details Years produced: 1957–1958 (250 Testa Rossa) Number produced: 21 (pontoon fenders) Original list price: $12,000 Current SCM valuation: $10m–$24m (all 12-cylinder Testa Rossa models) Tune-up cost: $2,500 Distributor caps: $450 each (takes two) Chassis # location: Left frame member by steering box Engine number location: Right rear above motor mount Club: Ferrari Club of America More: www.ferrariclubofamerica.org Alternatives: 1955–1956 Maserati 300S 1956–1959 Aston Martin DBR1 1955–1957 Jaguar D-type SCM Investment Grade: A Comps Chassis number: 0666 TR T he development of the Ferrari 250 TR began in early 1957 with the car presented here, 0666 TR, which has the distinction of serving as the first prototype for the 250 Testa Rossa series. 0666 TR made its debut at the Nürburgring 1,000 Km, coming 6th in qualifying and 10th in the race. It then underwent development and appeared at the Swedish Grand Prix equipped with an experimental 3.1liter engine, but this gave out, and the car retired. Between September and October 1957, 0666 TR was stripped of its envelope body and refinished by Scaglietti in the quintessential pontoon-fender style. At that time, the prototype received its definitive driveline, complete with the Tipo 128 LM Testa Rossa motor and 4-speed gearbox. This car then participated in the Venezuelan Grand Prix, coming in 3rd overall, before being transported to Argentina for the first race of the 1958 season, the Buenos Aires 1000 Km, finishing 2nd overall. The Targa Florio was the last outing for 0666 TR as a Scuderia Ferrari team car. It was in 4th place when it retired. In June 1958, 0666 TR was sold to Luigi Chinetti and delivered to him at Le Mans to be driven by Dan Gurney and Bruce Kessler. At around 10 pm in the rain, Kessler collided with a privately entered D-type Jaguar, resulting in a fire and the Testa Rossa's subsequent retirement. The incident required a factory rebuild and a fresh pontoon-fender body from Scaglietti. By the beginning of 1959, Chinetti realized that 0666 TR would 36 not be competitive, and it was sold to Rod Carveth, a Californian privateer who entered it for the 12 Hours of Sebring, where it retired. The same fate awaited Carveth and 0666 TR at the Nürburgring 1000 Km. In June the Ferrari traveled to Le Mans, where the engine failed on the Mulsanne straight. At Laguna Seca, Phil Hill drove 0666 TR but it didn't qualify. In June 1962, Carveth offered the car for sale. Enter 0666 TR's fourth owner, Bev Spencer, a local Buick dealer who used it as his personal street car until his new 250 GTO arrived. After the original engine finally gave out, it was re- moved and traded to Pete Lovely. When its then-owner believed the aging Ferrari was worth more in cash than as a car, he doused the interior in gasoline and set it on fire. While it was enough to collect the insurance money, the result was little more than a superficial burn. In 1970, Charles Betz and Fred Peters purchased the Testa Rossa. Over the next decade, 0666 TR was restored to a show-quality standard using an appropriate engine from 0724 TR. By the late 1980s, the restoration was complete, and 0666 TR began collecting concours awards. In 2002, Betz and Peters sold it to the current caretaker, a preeminent collector, who commissioned Dennison International to complete a restoration that would bring 0666 TR back to its original team-car appearance and specification. Instrumental to this project was a significant acquisition: the original, matching-numbers engine 1958 Ferrari 250 Testa Rossa Pontoon Fender Lot 357, s/n 0738TR Condition: 2 Not Sold at $10.7m RM Auctions, Monterey, CA, 8/13/10 SCM# 165590 1957 Ferrari 250 Testa Rossa Pontoon Fender Lot 237, s/n 0714TR Condition: 1 Sold at $12,402,500 RM Auctions, Maranello, 5/17/2009 SCM# 120485 1962 Ferrari 330 TRI/LM Testa Rossa Lot 221, s/n 0808 Condition: 2 Sold at $9,281,250 RM Auctions, Maranello, Italy, 5/20/07 SCM# 45296 Sports Car Market Pawel Litwinski, courtesy of Gooding & Company

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SCM Digital Bonus and a correct rear differential. The freshly restored prototype 250 TR made its debut at the 2006 Pebble Beach Concours d'Elegance and earned a First in Class. At the Cavallino Classic, it took an FCA Platinum Award and the TR Cup. At the 2007 Ferrari Club of America Meet, it received the Coppa Bella Macchina, the Coppa GT and its second Phil Hill Award. With its prototype status, exquisite beauty, proud race record and uncommon authenticity, 0666 TR must be considered one of the great Ferrari sports racing cars. SCM Analysis This Ferrari 250 Testa Rossa, Lot 18, sold for $16,390,000, includ- ing buyer's premium, at Gooding's Pebble Beach sale on August 20, 2011. This price sets a new world record for the highest amount ever paid for a motor car at auction. There's far more to say about this unique motor car than we can fit into these pages, so I'll get straight to the point. The 250 Testa Rossa is Ferrari's most celebrated sports-racing model, a legend in car collecting circles and one of the most valuable cars in the world. Introduced in 1957 in anticipation of the upcoming 3-liter limit in the World Sports Car Championship, it stole a march on rivals Jaguar and Maserati, who had been pinning their hopes on “big bangers” such as the D-type and 450S, and achieved success everywhere it raced, from Europe and South America to the allimportant SCCA races contested by Ferrari's wealthy U.S. privateer clients, earning the company healthy profits. Named Testa Rossa (pronounced “ross-ah,” not “rose-ah,” meaning “redhead”) after its red cam covers, 34 of these cars were built from 1957 until 1962. No two were identical, but Works TRs were generally right-hand drive. From 1959 onward, production was devoted to Works cars, which featured disc brakes and separate gearboxes with rear differentials. All except the last TR (0808) had 3-liter motors largely derived from the production 250 GT. Dueling opinions on pre-sale value Our subject car, 0666 TR, is the first of two prototypes, both of which ran as works cars. As with all prototypes, there will be buyers who prefer the recognition of the standard model and others who enjoy owning something different. I exchanged opinions with many experts and fellow TR owners before and after the auction as to the value of this car and its historical significance — and heard both ends of the spectrum. “A friend of mine would pay eight to ten million,” said one owner, “as it's not a standard TR chassis, and I doubt much of the original bodywork survives.” This, of course, was a reference to not one but two fires that the car endured during its early years. Other TR owners were more upbeat, confiding that they had received approaches north of $20m for their cars and that the auction estimate seemed reasonable for 0666. It would be British understatement to say that on the evening of August 20, in the middle of a worldwide economic storm, there was widespread interest in the fate that awaited this very high-profile Ferrari under the auctioneer's gavel. They needn't have worried. A new collector — just starting out at 73 years old — kicked off proceedings with a $10m bid. Rapid salvos ensued: $11m, $11.5m, $11.8m. At $12.4m, the auctioneer announced the reserve had been met, and it became a two-horse race between an absentee bidder and a telephone bidder in mostly $100k increments. When the mystery phone bidder prevailed at $14.9m, the hammer went down and cheers went up. A rich, sometimes painful, life To paint an accurate picture of this car, I consulted various sources. David Gooding opined that the 250 TR is undervalued compared with its closed sister, the 250 GTO — a sentiment echoed by many (most vocally those TR owners who don't also have a GTO) — and that given time, this will seem a good buy. Gooding believed that 0666's history was more illustrious than most, and when shown the post-fire photographs, bidders had remarked the damage wasn't as bad as expected. To get to the bottom of the controversy about the fires, I went to Maranello and met with our friends at Ferrari Classiche. “Chassis 0666? Of course we remember it. We called it ‘La Bastarda!'” Was the chassis replaced after the Le Mans accident? “Definitely not. Only the upper part of the car was damaged. Look, it's all here on the microfilm, everything….” Lastly, I consulted a well-known Ferrari historian. How many 250 TRs does he think have their original bodywork? “Perhaps 60% but it's hard to say, as for years nobody bothered to track such information.” Let's face it, these bodies were cigarette-paper thin and intended to last a few race seasons — not decades. And what, in his opinion, would the very best 250 TR be worth? “That would be one of the Le Mans winners. They almost never come up, so I'd have to say $25 million.” A car for the ages Did the new owner of 0666 TR get caught up in the Monterey euphoria and overpay, or was this a shrewd investment? On the one hand, we have a unique factory prototype with a front-line international racing history. The majority of 250 TRs were customer cars destined for weekend outings around airfields serving as SCCA circuits. This one roared around Le Mans, the Targa Florio and the 'Ring — piloted by all-time heroes. Conversely, it led a hard life as a race car and later as an old hack. The chassis number 0666 is prophetic, as it's been to hell and back. Ultimately, though, it's been cherished for the past 40 years, restored without regard to expense, and the Ferrari factory has given it their unquestioned blessing. Auctions are a roll of the dice that not all sellers want to risk, but in this case the gamble paid off. Well sold today, well bought for posterity. ♦ (Introductory description courtesy of Gooding & Company.) SCM Digital Bonus. Additional images, and more... November 2011 37

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Ferrari Profile The Cumberford Perspective Surrealistic surfaces are OK for plastic toys but not for race cars By Robert Cumberford 1 sale was at Pebble Beach, where Y ab surdly hyper-realisti levels of finish are n just celebrated but s ingly required. Th Rossa prototype wa restored, There remain no to recalling it was em the me Profile The Cumberford Perspective Surrealistic surfaces are OK for plastic toys but not for race cars By Robert Cumberford 1 sale was at Pebble Beach, where Y ab surdly hyper-realisti levels of finish are n just celebrated but s ingly required. Th Rossa prototype wa restored, There remain no to recalling it was em the me skilled skilled hands, no tactile evidence that it once lived, or that it was a working tool to carry out the intentions of its creators: to win races. It's a beautiful object, but beauty was not their objective, as it was simply a byproduct of Italian design sensibility. There is plastic perfection in this car now, rather like a real woman transformed by multiple surgeries into something that never existed in human biology. Ferrari racers of the 1950s were gorgeous, but they were Anna Magnani-like in that you could see the marks of time and experience. As the New York Times noted in its obituary, her “fierce intelligence” blazed into your consciousness, just as the Enzo Ferrari's ferocious desire to win was embodied in racing cars in the formative years o pany. So I hope that the n of this magnificent m take it out on the road hard enough, often e well enough that s gravel pings show up o the tops of those ico fenders, that some of t paint on the front g blasted enough fr speeding through the r world to restore the T to its intended status a car, not a concours tra queen. ♦ 8 38 9 12 10 11 Sports Car Market 6 FRONT 3/4 VIEW 1 I don't recall these atypical scoops on other TRs. Were they added during its racing life or there from the beginning? 2 The bulge over the carburetors seems taller and fatter than on other examples. The color scheme does the car no favors. 3 The rulebook windscreen is not particularly attractive but must have been reasonably effective. 4 The gaping hole in the headrest fairing must have been a supplementary noise source, not that one could hear it over the music of the twelve cylinders. 5 The full voluptuousness of the rear fender trails to a small point for the taillight. 6 The central portion really does seem like the nose of a Formula One car, flanked by what appear to be totally separate fender/fairings for the front wheels. A magical design solution. REAR 3/4 & SIDE VIEW 7 Italian racing cars in the pre- seatbelt era usually had grippy corduroy upholstery. This smooth luxury leather really looks out of place, but perhaps this car had it originally. Perhaps. 8 This is obviously a production- car lamp, presumably chosen as it was the smallest and lightest available, but it fits as though made for the TR, rather than the other way around. 9 The painted bodywork looks sleek and slim, thanks to the use of exhaust pipes as a surface element, covering the exposed chassis tubes behind them. 10 The characteristic cutaway behind the wheel first appeared on the glitzy 1953 Buick Wildcat dream car but was immortalized on the Testa Rossa. 11 It is just possible to see through to the narrow nose in this view. The front of the fender is really like wheel pants on a high-performance fixed-gear airplane. 12 It's just a ventilation hole in the bodywork, but supreme Italian artistry aligns the top with the lower edge of the flowing fender, thus carrying the line all the way to the door. es, the ham impress Appropriat the recor 2 3 4 5 7

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Sheehan Speaks Michael Sheehan Monterey 2011: Flocking to Top-Tier Ferraris The $16.4m Testa Rossa was sold to a pair of college professors in 1972 as a burned-but-rebuildable wreck for about $2,500 same price. He was the happy seller at this year's auction. Over-the-top sales Another over-the-top result at Gooding was the “barn-find” 1966 alloy-bodied 275 GTB, s/n 8163, which sold at a “where-do-you-go-from-here?” $1.54m. When one factors in the mandatory cost of restoration, there will be no upside for many years. On the other hand, the new owner now has a “car with a good story” with a “lost-in-time” story. RM's over-the-top Ferrari sales included the 1960 Ferrari 250 GT SWB Berlinetta Competizione, s/n 2209, for $5.28m. This was a strong sale, as s/n 2209 had a mediocre race history, was crashed and rebodied by Drogo in 1967, stolen and recovered and then rebodied as a Comp 250 SWB by Grand Prix Metalcraft in England from 1980 to 1983. (In today's Internet world, there are no secrets, which can only lead me to assume that the buyers in Monterey had done their homework and were happy to pay for what they got.) In addition, s/n 2209 did not have the correct en- 1959 Ferrari 250 GT LWB California Spyder — $3,355,000 at Gooding & Company A ny fears of a slowdown in the collector car market vanished at this year's Monterey auctions — and top-tier Ferraris led the way. Total sales almost reached the $200m mark, a $26m jump over last year's spectacular $172m result. RM Auctions led the show, with 123 of 144 cars on offer selling for a whopping $78.2m. Gooding & Company was very close behind, with 106 of 126 cars sold for a total of $78m. Mecum was third and remained the high-volume, low-price leader with 443 of 707 cars sold for a total of $22m, Bonhams had an off year, with 65 of 128 cars sold for a total of $10.7m, and Russo and Steele sold 144 of 222 cars for a total of $8.5m. Top-end Ferraris soar by 50 percent Looking at the Big Ferrari picture, the average high-end Ferraris sale price was up by an eyebrow-raising 35%. In 2010, there were 14 Ferraris sold for more than $1 million, with prices totaling $36.5m at an average sales price of $2.6m. At this year's Monterey auctions, there were 13 Ferraris sold at more than $1 million, with total sales of $45.5m — and an average sales price of $3.5m. Multiple high-end sales were beyond expectations, a pair of modern race cars was weak, but across the board, most Ferrari sales were strong, especially at the top end. Gooding's sale of the 1957 Ferrari Testa Rossa prototype, s/n 0666 TR, brought a new world record auction price of $16.4m with commission. This Testa Rossa had a well-known ownership history from new, was raced as a factory car in period and was Ferrari Classiche-certified in 2008. Bidding started at $10m and quickly passed $13m to resounding applause. The final $16.4m total beat the previous all-time high seller — another ‘57 Ferrari 250 TR, which sold for $12.4m at RM's Maranello auction in May 2009. For those who track Ferrari minutiae, s/n 0666 TR was sold to a pair of college professors in 1972 as a burned-but-rebuildable wreck for about $2,500. Once restored, it was on the show circuit through the late 1990s before being sold in January 1998 for $4.5m on the 48-month payment plan. Only five years later, it was sold to a senior ex-Microsoft executive for about the 40 gine — although the correct, numbers-matching engine is available in Europe at an extra $492k. Other strong sales at RM included the 1962 Ferrari SWB coveredheadlight 400 Superamerica coupe, s/n 3559 SA, sold at $2.09m; 1952 Ferrari 340 Mexico Berlinetta, s/n 0226 AT, sold at $3.685m; 1955 Ferrari 750 Monza Spyder, s/n 0492 M, at $2.53m and 1953 Ferrari 375 America Coupe, s/n 0327 AL, at $1.98m. Old cars, new cars and no-sells Reflecting the strong across-the-board market, Gooding got big prices for two early coachbuilt Ferraris: the 1950 195 Inter Coupe, s/n 081S, which sold at $990k, and the 1952 225 S, which sold for $880k. While these are rare and unique “one-off” early Ferraris, they are simply not a lot of fun to drive, which made their strong prices a surprise. In the under-$500k price range, Gooding sold the 1969 365 GTC, s/n 12271, for $374k and the 1974 365 BB, s/n 18553, for a very strong $212k. RM sold the 1966 330 GTC, s/n 9091, for $314k, the 365 GTC/4, s/n 15211, for $171k and the 365 GTB/4, s/n 16539, for $358k. All these sales showed further strength in the lower-end, Enzo-era Ferrari market. Few modern Ferraris sold, but Gooding did sell the 1985 Ferrari 288 GTO, s/n 54247, for $748k, which was a market-correct price in today's very strong supercar market. In the world of sub-$1m modern race cars, the 512 BBLM, s/n 29511, with a Daytona, Sebring and Watkins Glen race history, was bid to a mere $750k and did not sell. This low price was down from 2010's sale of the 512 BBLM, s/n 26681, the first of the Silhouette BBLMs and with a Daytona and Le Mans history, which sold for $880,000. These two cars reflect the market's reaction to the demise of the Ferrari Historic series. 126C4 F1 car, s/n 074, was also a no-sale at $350k, another reflection on a great car with no place to go to play. Sports Car Market

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Ferraris at RM Strong at the top — again More than ever, Monterey 2011 demonstrated a strong and liquid market for the highest-quality Ferraris, with RM and Gooding competing for the best cars and the highest prices. The lesser cars went to Bonhams, Mecum and Russo and Steele. The prices for top-notch Ferraris certainly defied the planet's overall economic climate. Do they show a rush to “pride-of-ownership collectibles”? It's clear that a lot of aging Baby Boomers are buying and enjoying really big cars and a lot of buyers just don't worry about the relationship between the financial markets and the collector-car market. While Sports Car Market doesn't mention subscribers' names, sev- eral of this year's top-end buyers are members of the Forbes 400, and membership to that club starts at over $1 billion. I've previously written that “guys who buy $1m cars are worth far more than $10m, guys who buy $5m cars are worth far more than $100m.” At this year's Monterey auctions, collectors who spent more than $10m buying one or multiple Ferraris — or other great cars — seem to be worth north of $1 billion. Following the Ferrari money We continue to have four diverging markets in the Ferrari world. The deep-pocket players are cheerfully shifting what can only be de- scribed as very discretionary income into high-quality collectibles, such as the best-of-the-best Enzo-era Ferraris, which are steadily moving up. The middle Ferrari market — the $500k-to-$1m Enzo-era cars and the 288s, F40s, F50s, and Enzos — is strong, with surprising recent upside. The bottom — which remains flat to down, and includes lower-tier Ferraris, such as the 308s, 328s and others — goes to players with fewer assets who are focusing on preserving their limited cash. The Montezemolo-era cars only go down. The lasting lesson of Monterey 2011 is that buyers with massive discretionary income are clearly lifting the top end of the market. ♦ November 2011 41

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English Profile 1925 Bentley 3 Litre Speed Model Supersports A rebodied car with a swapped engine and gearbox can still bring the big bucks — but not $1 million by Diane Brandon Details Years produced: 1922–1925 Number produced: 18 Speed Model Supersports Original List Price (chassis only): $4,553 Original List Price with standard coachwork: $7,601 Current SCM Valuation: $362,500– $550,000 Tune-up cost: $1,000 to “don't ask” Chassis #: Front cross member, right knuckle of front dumb-iron and ignition plate Engine #: Lower left side of engine block Club: Bentley Drivers' Club More: www.bdcl.org Alternatives: 1925–1930 Bentley 6 1/2 Litre Open, 1927 Bentley 4 1/2 Litre Open, 1928–1930 Bentley 6 1/2 Litre Speed Six SCM Investment Grade: A Chassis number: 1161 Engine number: 546 W .O. Bentley proudly showed the new 3 Litre car bearing his name on Stand 126 at the 1919 Olympia Motor Exhibition, the prototype engine having fired up for the first time just a few weeks earlier. In only mildly developed form, this was the model that was to become a legend in motor racing history and which, with its leather-strapped bonnet, classical radiator design and British Racing Green livery has become the archetypal vintage sports car. For the demanding motorist who demanded some- thing extra, Bentley offered the sensational 100 mph Supersports model from 1925 to 1927. Only 18 examples were built, of which 17 were on the short, 9-foot wheelbase, the other on the Standard Speed model 9-foot, 9½inch wheelbase. The Supersports model was instantly recognized by the distinctive green-label tapered radiator. Bentley unashamedly claimed the Supersports to be capable of the magic 100 mph. Chassis 1161, on the short 9-foot wheelbase, was first registered in July 1925 with London County Council, its recorded first owner being one J.B. Stennett of The Laurels, Winchmore Hill. The original body style is not recorded, although there can be little doubt that it would have been of a sporting nature in view of the high-speed chassis specification. The guarantee period for the Supersports model was just one year, (all others had five years), and the service records for this car quote an expiration date of July 31, 1926. Curiously, the first entry for any service work is for 1929. Lt. Col. Peter Gillett owned the car in 1949 before selling it that year to Lt. Col. Hugh Widdington-Moor. D J Haley owned the car in 1950, W. Main of Fitton was the recorded owner in 1951 and Jim Howarth of Burnley acquired it in 1966. Interestingly, BDC records state that when in Haley's ownership, the car was fitted with engine number 72, 42 which further research shows came from chassis number 68, the first owner of which was the aforementioned J.B. Stennett. Michael Hay's standard work Bentley – The Vintage Years records that at some stage, 1161 was fitted with a 4½ Litre engine, and the engine now fitted, number 546, comes from chassis number 540. The original engine from 1161, engine number 1145, is recorded by Hay as surviving and in chassis number 609. It was Jim Howarth who constructed the present coachwork in 1987, creating a car in true Brooklands style, following photographic research of similar competition model Bentleys and other cars. The coachwork is superbly liveried in dark British Racing Green, and the interior is trimmed in black leather with matching black carpets. Driving equipment includes Lucas King of the Road head and side lamps, CAV rear lamps — including flashing indicators and brake lights as a concession to road safety — André Hartford shock absorbers, the luxury of front-wheel brakes, quick-fill-and-release petrol cap and gloriously resounding fishtail exhaust. Surviving examples of the Supersports model are rare indeed and are highly prized in Bentley circles, where their performance potential is seriously respected. SCM Analysis This car, Lot 432, sold for $601,000, including buyer's premium, at the Bonhams Quail Lodge Sale on August 18, 2011, in Carmel, CA. This Bentley and the price it made, despite having a non-original-to-the-car engine, gearbox and body, demonstrates the enduring appeal and market value of 3 Litres. This is a rare car. In 1925, to meet demand for something even more exciting to drive than the then-current 1925 Bentley 3 Litre Supersports Lot 624, s/n 1161 Condition 1 Sold at $409,220 Bonhams, London, U.K., 1/12/08 SCM# 118724 Sports Car Market Comps 1921 Bentley 3 Litre R. Harrison & Son Tourer Lot 11, s/n 3 Condition N/A Sold $962,500 Gooding & Co., Pebble Beach, CA, 8/20/11 SCM# 183096 1924 Bentley 3 Litre Speed Model Lot 471, s/n 401 Condition 3+ Sold at $217,240 Bonhams, Chichester, U.K., 7/1/11 SCM# 182342 Simon Clay, courtesy of Bonhams

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SCM Digital Bonus “Red Badge” Speed Model, the Supersports 100-mph model was developed. The “B” badge background was green, and the radiator was tapered at the base like the Standard 6½ Litre. Most of the bodies built on these few chassis were two-seaters. However, one four- seater body was built to comply with Le Mans regulations. That car ran in the 1926 Le Mans race, along with two other 3 Litre, non-SS Speed models. The Supersports model did not finish. Two hours into the race, it experienced valve “stretch” because of over-revving. One of 18 Bentley Supersports Eighteen Supersports cars were built, this chassis included, all derived from the Bentley 3 Litre Speed Model. (They were identified on Works drawings as the “SS” until that abbreviation was negatively associated with Nazi Germany during World War II. At that time, the “SS” was replaced on company documents with “100,” which indicated that the cars were capable of 100 mph.) To reach 100 mph, assuming the car was fitted with its standard rear axle, and 21- inch wheels, the tachometer would have read 3,900 rpm —far exceeding the factory 3,500 rpm redline. Perhaps that's why the “SS” model carried a one-year factory warranty — not the five-year warranty offered on other 3 Litre cars. We can easily understand why the Le Mans car failed, as it must have exceeded the redline for several hours. It's remarkable it held up as long as it did. W.O. Bentley claimed to have lapped Montlhéry, outside Paris, in a 3 Litre at 105 mph, but we assume he wasn't overly concerned with warranty issues. Anxious to ensure the car that carried his name was as good as it could be, he usually drove a different bare chassis home every evening, as part of his obsession with quality control. He loved the 3 Litre, not only because it provided early success for his new car company, but because the last one produced by the old Works provided him with twelve years of enjoyable motoring, long after his beloved Bentley marque was acquired by Rolls-Royce Motors in 1931. Many 3 Litre survivors About half of all Bentley cars produced under W. O. Bentley's management (1921- 1931) were 4-cylinder, 3 Litre models. Fortunately, most vintage Bentley cars have survived in respectable condition, as this particular car has, albeit with swapped engine, gearbox and a new body. Many Bentley enthusiasts claim the 3 Litre cars are the most fun to drive, as they are lighter than the later 6-cylinder, 6½ Litre and 8 Litre cars. On January 24, 1920, The Autocar magazine published their first road test review, which was titled “A Car Which combines Docility in Traffic with Exceptional Speed Potentiality on the Open Road.” Some of the early, longer-wheelbase 3 Litre cars can be a little less bright, but they can still reach comfortable cruising speeds in the 60 mph range. We can't help, in energy-conscious 2011, but wonder what fuel consumption was for these early sporting cars. Autocar was interested in these numbers as well, and routinely conducted their own testing as new cars were introduced in England. The testers reported the 3 Litre Bentley's mileage as 22 to 25 miles per gallon. If the original A gearbox is still fitted to 1161, the new owner will find changing gears to be quite manageable, compared with other cars of the era. The A and D gearboxes are the ones most often preferred in vintage Bentleys. Some prospective buyers will not purchase a car if it's fitted with one of the dreaded wide-ratio B gearboxes. What was once considered by some to be a cult car, the vintage Bentley, with its distinctive exhaust “burble,” has in recent years become the car to have to complete a balanced pre-war British motor car collection. Changes — done right — not a deal killer The recently updated mid-year 2011 Sports Car Market Pocket Price Guide lists the value of a 3 Litre Speed Model Supersports from $400,000 to $575,000. Therefore, this car was very well sold. However, in this same condition, with original coachwork, it could have easily brought a million dollars or more. As evidenced by this car's respectable auction price, a vintage Bentley's value is not completely damaged if it has been correctly re-bodied. (Bentley did not construct bodies for the 3 Litre, or any other model, until after World War II.) If a buyer chose a chassis-only purchase, the Works would agree to deliver it only to a limited list of coachbuilders who adhered to the detailed instructions issued by the company. During body construction, Bentley sent a represen- tative to the coachbuilder each week to ensure that all was being built to the highest standard. Upon completion, the car was sent back to Bentley for final testing before it was delivered to its new owner. Regardless of the quality of the original coachwork, these cars were usually driven hard and fast, often in adverse conditions on poor roads. Few original bodies remain intact today, 90 or so years later. If the original body is no longer usable, the car itself would not be usable — unless it got a new body. The body isn't the Bentley. Therefore, when refitted with appropriately designed and well-constructed coachwork, as it would have been when new, no excuses need be made. The same is true if a correct period engine and gearbox are fitted. In the end, the chassis carries the identity of the car, and this is one of 18 factory-built Supersports. It will be accepted and respected at any club or major concours event — and bring $600k at auction. ♦ (Introductory description courtesy of Bonhams.) SCM Digital Bonus. Additional images, and more... November 2011 43

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Etceterini & Friends Profile Two 1953 Siata 208S Sales in Monterey The Steve McQueen connection should have boosted BS 523, but shiny with no stories sometimes sells better by Donald Osborne Details Years produced: 1953–1955 Number produced: 35 Original list price: $5,700 Current SCM valuation: $800,000– $950,000 Tune-up cost: $400–$600 Distributor cap: $800 Chassis #: Stamped on firewall and on chassis plate Engine #: Stamped on cylinder block, distributor side on boss Club Info: None Alternatives: RM Lot 255 Chassis number: BS 523 Engine number: BS 070 Siata 208S BS 523/RM Auctions S iata 208S Spyder BS 523 was sold new in Los Angeles by Ernie McAfee. Circa 1956, it was acquired from McAfee by the young acting sensation Steve McQueen, who attached Ferrari badges on the car and referred to it as his “little Ferrari.” By 1958, he sold the car via McAfee Engineering to Bruce Sand, then a graduate student at UCLA Medical School. At that time, the car was liveried in its original gunmetal grey. The Siata placed 3rd in Custom Italian Coachwork at the 1994 Pebble Beach Concours d'Elegance. The car's current owner purchased the car in October 2000. It was promptly entered in the inaugural Mille Autunno Rallye, ran in the California Classic Rallye the following June, and was awarded Best Italian Car at the 2001 Concours on Rodeo (Drive). Later, the Siata was comprehensively refreshed under the expert guidance of Ivan Zaremba at specialist shop Phil Reilly & Co. in Corte Madera, CA. The car was sorted the car to ensure that it performed as well as it looked. Upon completion, it was entered in the 2005 Pebble Beach Concours d'Elegance, after which it was displayed at the Quail Motorsports Gathering in 2006. From there it was part of the “Cars of Steve McQueen” exhibition at The Petersen Automotive Museum in Los Angeles. In 2007, the owner commissioned a full rebuild at Epifani Restorations in Berkeley, CA. The original distributor and generator were replaced with moremodern reliable components. (All the original items are offered with the car.) Further references on chassis BS 523 are to be found on pp. 1,152 and 1,153 of the exhaustive monograph on all the 8V-powered cars, Otto Vu by Tony Andriaensens, and in other books, including the recently compiled McQueen's Machines by Matt Stone. 44 Gooding Lot 121 Chassis number: BS 514 Engine number: BS 071 Siata 208S BS 514/Gooding & Company The 208S Spyder offered here carries a rich history and close connections to some of the most passionate Siata advocates. One of the leading Siata and 8V specialists, Anton Krivanek, recalled that the 208S remained with its original owner until 1965, at which time it was sold to Dale Koppe of the Los Angeles area. The next owner, Barry Silverman, began his love affair with the jewel-like Italian sports cars and, over the years, he went on to acquire a 208CS as well as two other 208S Spyders, including the second prototype, BS 502. During the early 1980s, BS 514 was the only Spyder in his stable, and it was actively campaigned in vintage races. In addition to track events, the 208S was his go-to car for five California Milles and several Colorado Grands. In 1998, the Blackhawk Collection acquired the rare Siata, and it remained on museum display for the better part of seven years. The current owner commissioned Epifani to restore the car to its former glory and a concours contender. Fortunately, the 208S had been a California car from new and was complete and healthy, even retaining its correct matching-numbers engine. Of the 35 examples built, fewer than half can lay claim to this noteworthy quality. In 2008, BS 514 made its debut at the Pebble Beach Concours d'Elegance, where it earned a First in Class award. Excluding its performance at Pebble Beach, the 208S has not been shown. SCM Analysis Siata BS 523, Lot 255, sold for $946,000, including buyer's pre- mium, at the RM Auctions Monterey Auction on August 20, 2011. Siata BS 514, Lot 121, sold for $1,567,500, including buyer's premium, at the Gooding & Company Pebble Beach Auction on August 21, 2011. This is a tale of two Siatas — or why for two owners 1953 Fiat 8V Supersonic Lot 157, s/n 106000035 Condition 3+ Sold at $1,705,000 Gooding, Scottsdale, AZ, 1/21/11 SCM# 168708 1953 Aston Martin DB2 1953 Pegaso Z-102 1953 Ferrari 166 MM SCM Investment Grade: A Comps 1953 Siata 208S Lot 261, s/n BS535 Condition 1 Not sold at $600,000 Bonhams, Greenwich, CT, 6/7/09 SCM# 120848 1954 Siata 208S Lot 72, s/n CS066 Condition 1 Sold at $170,500 RM Auctions, Phoenix, AZ, 1/18/02 SCM# 27036 Sports Car Market Winston Goodfellow, courtesy of RM Auctions Pawel Litwinski, courtesy of Gooding & Company

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SCM Digital Bonus selling cars in Monterey, it was the best of times for one and, if not the worst of times, not exactly a celebration for the other. Thirty-five Siata 208S Spyders were built, and two of them — both former Pebble Beach prize winners — were offered for sale at auction seven miles apart on consecutive days on the Monterey Peninsula. I won't repeat here the story of the Siata marque and the Fiat 8V-powered 208CS and 208S, but the cars, especially the Spyder, are among the most sought-after sports cars of the mid-1950s. Values have reflected that popularity as well, with the SCM Price Guide upper range for the 208S going from $350,000 in 2006 to $950,000 in the 2011 mid-year update. Not only do these cars have a considerable reputation in period competition — and are eligible for virtually all top-level vintage race, rally, tour and concours events — they are also incredibly beautiful. A well-prepared Siata 208S with a good history should command a handsome price. Dueling Advantages I've often written about the attributes of value. They are what we appraisers iden- tify in an object to best compare them to similar items to determine value. Of course, the identification of attributes is only part of what it takes to determine value. Value is the current worth of future benefits deriving from ownership, which does not require a transaction. Price refers only to an actual transaction — what two parties were willing to give and receive at a very specific time and place. Let's consider the attributes of value of our pair. They have both been restored to a level that allowed them to be invited to Pebble Beach. Chassis BS 523 was restored in 1994 and then “comprehensively refreshed” in 2005. The restoration of chassis BS 514 was completed in 2008. So here, the advantage goes to BS 514, as its restoration is significantly more recent. BS 523 won a Third in Class at Pebble in 1994 and was invited back and shown in 2005, along with showings at Concorso Italiano and other major events. BS 514 won First in Class at Pebble in 2008 — advantage BS 514 again. While it boasts FIVA papers, BS 514 has seen little use since restoration and was seen to require the sorting typically needed to turn a show queen into a reliable event stud. BS 523 is a more recent veteran of a number of vintage rallies and has FIA papers. As these Siatas are best enjoyed on roads rather than parked on lawns, advantage BS 523. The true heart of these cars is the unique Fiat/Siata 8V power plant. Siata worked closely with Fiat on engine and suspension development for the 8V, and as a result, a third of the 8V groups — a package consisting of the engine, gearbox and suspension — went to Siata to put into their own cars. It's also documented which 8V engines were first installed in Fiats and which in Siatas. As the 8Vs were not originally designed to be competition units, they had a number of durability issues in period. All have been sorted and solved by now, so they can be reliably run with more power than when new. Since they had such capable chassis, it was not uncommon for a Siata 208S to have its original engine yanked out in the early 1960s, usually to be replaced by a smallblock Ford V8. Fortunately, almost all the units removed were kept. So it is possible to locate a proper unit, or in some cases, the original one. Here lies another of our attributes of value. Least desirable would be a car without an 8V engine; next up one with any 8V engine, whether originally fitted to a Fiat or a factory spare. Next higher in value is an engine originally used in a Siata but not the Gooding Lot 121 matching one. The most desirable car would be one with its factory 8V engine. As BS 523 has a correct Siata — but not original — 8V engine, and BS 514 retains its factory lump, the decision goes to BS 514. McQueen Magic versus class winner Now on to provenance. BS 514 has an unknown first owner, but from the 1960s, its history is continuous, with much active use in vintage rallying before being put on museum display at Blackhawk for a number of years. BS 523 has been identified by a number of sources as having Steve McQueen as its first owner, and five since then. One owner removed the 8V and replaced it with a small-block Ford. It regained a proper engine in 1991. BS 523 has been restored twice and displayed at Pebble, Concorso and the Petersen Museum, in a “Cars of Steve McQueen” exhibit. Since everything automotive McQueen touched seems to have been sprinkled with magic dust, advantage BS 523, right? Well, apparently not. The discussion about whether McQueen in fact owned BS 523 has swirled for years. Most, if not all, of the doubt seemed to flow from the memories of his son Chad, who was born two years after his father was said to have sold the car. The absence of California DMV records also plays a part. RM advertised BS 523 as McQueen's car. Finally, BS 523 had been “shopped” on the market for a while. So what happened here? Clearly, the $1.5m paid for BS 514 has given its buyer a Pebble Beach class winner, in superb condition, with an original engine. However, the car will need considerable sorting before racing. The new owner of BS 523 has an event-ready car, which will gain entrée to any rally, tour, race or regional concours. The owner also have a piece of the Steve McQueen legacy. And the market compensated for the “shortcomings,” such as they were, with a $500k discount. When you add it all up, the “King of Cool” connection should, I repeat, should, have made up for the advantages identified for BS 514. But sometimes shiny with no stories just sells better. For a purist, BS 514 was clearly the “value buy.” For a user, BS 523 gets the nod — and the new owner will have an extra $500,000 to spend on other goodies. BS 514 was well sold, and BS 523 was well bought. ♦ (Vehicle descriptions courtesy of Gooding & Company and RM Auctions.) SCM Digital Bonus. Additional images, and more... November 2011 45 RM Lot 255

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German Profile 1937 Mercedes-Benz 540K Special Roadster Unlike their European counterparts who strove for lightness, Mercedes-Benz cars were overbuilt in the true Teutonic tradition by Alex Finigan Details Years produced: 1936–1940 Number produced: 419 Original list price: $12,000 Current SCM valuation: $3m–$8m Seasonal service: $2,500–$5,000 Chassis #: Plate riveted to firewall and stamped into front frame rail. Engine #: Stamped on left side of block, along with a stamped, riveted plate. Club: Mercedes Benz Club of America More: www.mbca.org Alternatives: 1936–1939 Bugatti Type 57SC Atalante coupe, 1937 Delahaye 145, 1937–1938 Talbot-Lago T150C SS Teardrop coupe Comps Chassis number: 154140 T he Mercedes-Benz 540K was one of the most prestigious and most beautiful automobiles of the interwar years. Its combination of power, light weight and sheer beauty made it the master of the road, and it was a testimonial to the astonishing capabilities of the German automotive engineers of the day. It was also breathtakingly expensive, guaranteeing exclusivity amongst its owners. Just 419 chassis were built, and of those, only 25 carried the superlative long-tail Special Roadster coachwork that may well have been the high point of the coachbuilder's art at Mercedes-Benz's own “Sonderwagenbau” in Sindelfingen. The ultimate Mercedes-Benz 540K was the Special Roadster. Exceptional at the time, the 540K Special Roadster has subsequently firmly established itself at the pinnacle of classic cars. The car was priced at 28,000 Reichsmark (about $12,000 in Germany at the prevailing exchange rate). The New York importer charged $14,000 for a 540K Special in the United States — which was about 40% more than the most expensive catalog-bodied Cadillac V16. Of the 25 540K Special Roadsters, only a few were created in the long-tail style with a cover over the single spare tire recessed into the rear deck, one of which is the car offered here. Sam and Emily Mann had always wanted a 540K Special Roadster. As owners of some of the finest coachbuilt American and European pre-war cars and, at last count, four-time Best of Show winners at both the prestigious Pebble Beach Concours d'Elegance and Amelia Island Concours d'Elegance, it was only fitting that a supercharged, eight-cylinder Mercedes-Benz be added to their collection. Mr. and Mrs. Mann sent noted American restorer Paul Russell to Germany to inspect this car. His positive 46 report, which confirmed the car's originality, convinced them to buy the car. Following acquisition in 1998, a collaborative effort in the United States completed the car's restoration. This work was done by two of the finest restoration shops in the United States: Stone Barn Restorations in New Jersey and Mann's own in-house team, which was responsible for all his Best of Show awards to that point. The result was nothing short of spectacular. It has been maintained ever since in the Mann's private, climate-controlled collection and serviced by the onsite team while being driven sparingly. The car presents beautifully, from the flowing fenders to the lovely interior and stunning dashboard. Just last year, the car was honored with the Best of Show award and “Best Mercedes” at the Amelia Island Concours d'Elegance — a testament to the quality of restoration and preservation, which was first honored by First in Class and Best Mercedes at Pebble Beach in 2004. Most recently, the car was featured at the gala opening of Mercedes-Benz's newest, 330,000-square-foot corporate dealership in Manhattan, where it was photographed with celebrities and Mercedes executives. In preparation for this car's offering at Monterey, veteran two experts from Mercedes-Benz Classic Germany in Stuttgart personally visited the car at the Mann Collection. After the inspection, they were able to conclude that in their expert opinion, the car's engine is original to the chassis, as both are correctly stamped 154140. The transmission number indicates that it is not original to this car but is of the correct type. SCM Analysis This car, Lot 242, sold for $9,680,000, including buyer's pre- mium, at RM's Monterey auction on August 20, 2011. Sports Car Market 1936 Mercedes-Benz 540K Special Lot 231, s/n 130913 Condition 2- Sold at $1,028,500 RM Auctions, Phoenix, AZ, 1/19/07 SCM# 43991 1937 Mercedes-Benz 540K Special Lot 225, s/n 4086 Condition 1- Sold at $8,235,112 RM Auctions, London, U.K., 10/31/07 SCM# 48026 1937 Mercedes-Benz 540K Special Lot 554, s/n 154080 Condition 2+ Sold at $2,530,000 RM Auctions, Monterey, CA, 8/17/07 SCM# 46250 Shooterz.biz, courtesy of RM Auctions

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SCM Digital Bonus Pre-war German cars, and Mercedes- Benz in particular, had a reputation for outstanding build quality and attention to detail. Unlike their European counterparts who strove for lightness, Mercedes-Benz cars were overbuilt in the true Teutonic tradition. A massive oval tubed frame was constructed with numerous cross members, and the rear axle was hung with dual coil springs on each side. If one was good, then two was better. Compare the light alloy rear axle on a Bugatti, or an Alfa, with the heavy, cast-iron one on a Mercedes, and you'll see what I'm talking about. There was no concern for weight savings, as these cars were built to last. The small doors were hung on massive, chromed hinges, and the car's fit and finish were exemplary. Technical innovations, such as independent front and rear suspensions, and one-shot chassis lubrication were standard features. Of all the 540Ks built, the so-called ”High Door, Long Tail, Covered Spare” Special Roadster is considered the rarest and most valuable. They only built about 25 of these cars, and of those, only five or so had the covered spare. Most luxury manufacturers of that era built cars that were outfitted with custom coachwork. However, Mercedes aficionados prefer the factory Sindelfingen bodies, and our subject Special Roadster doesn't disappoint. The chromed radiator is made up of 5,000 individual tubes soldered together and set behind the rear axle. To restore the radiator alone costs about $50,000 today. The sleek, V-shaped radiator, along with the flowing, almost 12-foot-long front fenders, low, chromed windshield and the enclosed spare tire compartment —with just the hint of a fin — make for a very rakish appearance. To my eye, these Special Roadsters, and the ultra-rare Autobahn-Kurier, are the best looking pre-war Mercedes ever built. An expensive Autobahn cruiser As beautiful as they are, these cars are very heavy to drive. They certainly don't have the light — almost delicate — feel of a Bugatti or an Alfa. The inline 8-cylinder engine features a supercharger that is operated by flooring the accelerator pedal. The supercharger ran for short bursts, and it was not the constant type seen on most other cars of the era. These cars were not especially fast, but they were built for sustained cruising on the Autobahn in complete luxury. In 1937 they cost about $14,000 delivered to the United States — when a similar Cadillac V16 Roadster was a mere fraction of that. As you can imagine, you had to be in a very high income bracket to afford one of these cars during those Great Depression-era days. And, as this sale shows, you still have to be very wealthy to buy one of these cars. A blue-chip collectible and competition Because of their beauty and iconic status, collectors have sought after these cars for decades. Two other German luxury car makers, Horch and Maybach, also offered Special Roadsters, but it's the Mercedes that collectors seek. The Horch and Maybach cars sell today for about a quarter of what a similar Mercedes is worth. The car featured here has a wonderful unblemished provenance with no stories. That, coupled with a great restoration and a proven concours history, made for spirited bidding. I was concerned when I heard it was going to auction with so many other 540Ks on the same weekend. Would that hurt it? While the sale price is the highest ever for a Special Roadster, I do feel it may have brought even more money if there were less competition from other 540Ks in the same auction. I would not have been surprised to have seen a $10m-plus hammer price (the cost of the car before the 10% buyer's premium is added) if the car had been the only 540K crossing the block. What the sale of this car did say to me is how impor- tant each August on the Monterey Peninsula is for car buyers — and sellers. I don't think this result could have been achieved at Scottsdale, AZ, or Amelia Island, FL. Monterey Car Week brings the international players out in droves, and it showed in auction results across the board. Surely, if I have a very special car to sell, Monterey is where I'd bring it. In any case, this car is a guaranteed Blue Chip investment, and I consider it well bought. ♦ (Introductory description courtesy of RM Auctions.) SCM Digital Bonus. Additional, images and more... November 2011 47

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American Car Collector Profile 1931 Duesenberg Model J Murphy Coupe This is a stunning, elegant car. Its five owners respected the design and have not attempted alteration by Carl Bomstead Details Year built: 1931 Number built: 1 Original list price: $17,500 Current SCM valuation: $10,000,000 Tune-up cost: $1,500 Chassis #: Left frame rail by steering box Engine #: Left rear bell housing Club info: Classic Car Club of America More: www.CCCA.org Alternatives: 1932 Packard Twin Six Individual Custom, 1931 Marmon Sixteen with custom body, 1930 Cadillac V16 with custom body SCM Investment Grade: A Comps 1931 Duesenberg Model J Lot 59, s/n 2189 Condition 2+ Sold at $2,640,00 Chassis number: 2478 T he Duesenberg presented here, one of six Model Js that Capt. George Whittell Jr. purchased new, is arguably the finest example of the coachbuilt American automobile. Penned by legendary de- signer Franklin Hershey and executed by Murphy, the coachwork is a study in elegance and individualization, distinguished by Whittell's inimitable motifs. At its foundation is Duesenberg's long-wheelbase chassis, a full eleven inches longer and more expensive than the standard Model J. Generally reserved for the most lavish and opulent coachwork, this exclusive longwheelbase chassis, number 2478, was fitted with engine J460 and ordered from the factory with a number of unusual features, including a second taillamp, an exhaust cutout and an exceedingly rare freewheeling device. As this car was to be reserved for his personal use, Whittell envisioned his long-wheelbase coupe as a strict two-seater, with the added privacy of a fixed roof, roll-up windows and a cavernous integrated trunk where a rumble seat would usually reside. The length of the chassis served to accentuate the clean lines of the coachwork, allowing for proportions that would be impossible to achieve on a standard-wheelbase Model J. Contributing to the impression of length is a low, raked windshield, elegant flowing fenders and a hood that seems to go on forever. This is further accentuated by a nonfunctional section of piano hinges that begins 48 at the end of the hood and ends at the base of the windscreen. In addition, there is a polished molding that runs the length of the beltline, terminating at the radiator in a harpoon motif. Among other distinctive touches, the wheels, spare covers, toolboxes — even the gas tank — are plated in gleaming chrome. The rear fenders feature six chrome strips where one would usually find five, and the running boards continue the lines forward to the base of the side-mounted spares. A waterfall of chrome strakes, 12 in total, cascades down the rear deck, creating a crisp, pinstripe effect from the rear and a seamless shimmer from the profile and three-quarter perspectives. No discussion of the design would be complete without addressing the Whittell Coupe's most prominent feature — the superb brushed aluminum top. The fixed roof is contoured to resemble the look of a fabric convertible top, with faint ridges to give the illusion of top bows. Inside, the simulation is continued with a folding mechanism in place, complete with chrome hinges, wooden bows and a mohair headliner. Only the overhead dome light reminds the occupants of the true nature of the roof. To emphasize the two-passenger layout, Hershey created a cockpit effect with a cowl line that surrounds the occupants in a continuous curve from the base of the windscreen over the top surface of each door through the 1935 Duesenberg Model SJ Town Lot 569, s/n 2582 Condition 1- Sold at $4,400,00 RM Auctions, Monterey, CA, 8/17/07 SCM# 46244 Gooding & Co., Oxnard, CA, 10/21/06 SCM# 43481 1935 Duesenberg Model SJ Mormon Meteor Lot 37, s/n not available Condition 3- Sold at $4,455,000 Gooding & Co., Pebble Beach, CA, 8/15/04 SCM# 34644 Sports Car Market Pawel Litwinski, courtesy of Gooding & Company

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SCM Digital Bonus deck area behind the seats. This contour is finished in brushed aluminum to complement the top, and features neatly hinged, polished covers to conceal the window channel when the glass is rolled down. Constructed at a cost of $17,000, the one-of-a-kind Coupe joined Whittell's stable in 1931 and remained in his care for nearly 20 years. Since that time, the legendary Model J has had just four subsequent owners. In the care of the current owner, the Whittell Coupe has been restored to its original glory and has received a prestigious First in Class at the Pebble Beach Concours d'Elegance. Never having been modified in any way, the Model J appears just as it would have in 1931 and has covered a mere 12,500 original miles from new. SCM Analysis This car, Lot 123, sold for $10,340,000, in- cluding buyer's premium, at Gooding & Company's Pebble Beach auction on Sunday, August 21, 2011. George Whittell Jr. and this 1931 Duesenberg long-wheelbase coupe, J460, are inextricably linked. Whittell inherited a fortune in the 1920s that was equivalent to about $50m in today's money, and he vowed to never work a day in his life. He kept this vow until his death at age 87. Whittell was a character from the Great Gatsby era with decadent taste, and he was twice married and divorced to showgirls by the time he was 24. He rejected a formal education and joined the Barnum & Bailey Circus, where he developed an affinity for exotic animals that eventually included his pet lion, Bill. Whittell volunteered to drive for the American Ambulance Corps during World War I, and his parents purchased for him the rank of captain in the Italian army — a title he forever retained. An eye for Duesenbergs With a passion for speed and a unique combination of means and taste, George Whittell will always be known as Duesenberg's best customer, as he purchased six new Model J chassis. The Walter M. Murphy Company bodied five, and the Weymann Body Company created the Fishtail Speedster (J508). Whittell considered his Duesenbergs masterpieces — not transportation — but he had little patience for mechanical malfunctions. His mechanic, Francis Kuboski, recalled one of the first times Whittell drove the coupe and did not know how to use the new free-wheeling clutch, and as a result, burned it up. He left the car by the side of the road for 60 days and never got in it again. Whittell was an honorary fire marshal in California, and he could equip his cars at short notice with a siren and red and green lights — as well as the fire marshal badge, thus avoiding speeding tickets. One story claims that a determined sheriff dropped a speeding ticket from an airplane into the cockpit of his Duesenberg, and that was the only speeding ticket he ever paid. Only 12,500 miles over 80 years This 1931 Model J long-wheelbase coupe was Captain Whittell's final commission for Walter M. Murphy, and he worked with their young designer, Franklin Q. Hershey, to make his inspiration a reality. The long-wheelbase chassis was ordered with a number of unusual features, including an exhaust cutout, a second taillight and the aforementioned free-wheeling clutch. The final product featured patent leather seats, Bakelite side panels and a brushed aluminum fixed roof that was contoured to resemble a fabric convertible top. The Gooding auction catalog mentioned red and green navigation running lights, but they were most likely installed for his position as honorary fire marshal. The car was also equipped with the state-of-the-art Philco Transitone radio, with the aerial mounted under the running board. This is a stunning design that exudes elegance. It has had five owners, all of whom have respected the design and have not attempted alteration. It has only 12,500 miles from new and the exacting restoration is exceptionally correct, as indicated by a First in Class at the Pebble Beach Concours d'Elegance. It sold for a record amount for an American car at public sale, and therefore we will call it well sold, but the new owner has a piece of automotive history that cannot be replicated, so we also congratulate the new owner. ♦ (Introductory description courtesy of Gooding & Company.) SCM Digital Bonus. Additional images and more... November 2011 49

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Race Car Profile 1931 Miller Bowes Seal Fast Special Underneath the 1930 body is most or all of an original mid-1920s Miller 122. We're talking serious collectibility by Thor Thorson Details Year built: 1930 Number built: 1 (about 15 Miller 122s) Original list price: n/a Current SCM Valuation: $1.8m–$2.2m Cost per hour to race: $1,000 Chassis #: Chassis weren't numbered Engine #: Unknown Club: Miller/Offenhauser Historical Society More: www.milleroffy.com Alternatives: 1932–1935 Bugatti Type 55 1920–1935 Duesenberg Indy cars 1931 Miller V16 Indy car SCM Investment Grade: A Comps T he Bowes Seal Fast Special was first piloted at Indy by Louis Schneider in 1930, with Clyde Terry as riding mechanic. The car qualified 4th at a speed of 106 mph and finished 3rd on the lead lap (finished 200 laps). It ran with a Miller 8 122-ci engine. The car is restored to its most famous livery as car number 23 and winner of the 1931 Indianapolis 500. Schneider again drove the car, this time with riding mechanic “Jigger” Johnson. The Miller 122-ci engine was bored out to 151 ci, and this is the engine configuration that the car carries today. Qualifying 13th at 107 mph, the car won the race with an average speed of 96.629 mph. The Bowes Seal Fast Special was a prolific performer throughout the 1930s, competing at Indy in eight of the ten years. Ownership lineage for the car is traceable to its original race debut. SCM Analysis This car, Lot S147.1, sold for $2,120,000, including buyer's pre- mium, at the Mecum Monterey auction on August 19, 2011. Wow! $2.1m for a 1931 two-seat Indy car! It does seem like a lot, particularly when the best comp I can find is a 1931 V16 Miller Special that has been stuck at $600k for years. This car has a fascinating story that just might make sense, though, but I'm going to have to weave together a number of background threads first. Ovals from the start Until after World War II, American racing was almost strictly ovals: first horse racing tracks, then dedicated ovals, then board tracks, and of course, the Indianapolis 500. Indianapolis, the big dog, effectively set the rules in 50 those years, with other promoters following along so they could get the best cars. It started in 1911 with hugedisplacement 600-ci engines. Engine size dropped precipitously through the teens and the Roaring Twenties to keep things even half-safe, as engine technology surged ahead of chassis, tires and brakes. For 1923, the allowed displacement was dropped from 2.5 liters (183 ci) to 2 liters (122 ci ) and the earlier two-seat, riding mechanic configuration was dropped in favor of single-seat racers. In 1926, with supercharging now a serious compo- nent, it was dropped to 1.5 liters (91 ci ). The single-seat racers from 1923 to 1930 were an embodiment of the Roaring Twenties: ebullient, exciting, beautiful and more than a little dangerous. Oh, yes, they were very expensive — a Miller 91 front-drive racer cost $15,000 in 1927, which is roughly $200,000 in today's dollars. Then came Black Friday. During the Great Depression, there was no way for Indianapolis to go on as before, as nobody could afford it. In an effort to remain relevant and viable, Indy changed the rules to what became known as the “two-man” Indianapolis formula, which effectively allowed stripped-down production cars to compete. Allowed displacement was upped to 6 liters, super- charging and 4-valve heads were prohibited, minimum weight was increased, and everybody had to run with two seats and two people. It worked, and the Indianapolis 500 survived — even prospered — but the racing of that period was pretty boring, and the two-man Indy cars of the 1930s have never been very collectible. In contrast, the single-seat cars of the 1920s have always been one of the holy grails of American car collecting. 1925 Miller 122 Front drive Lot 543, engine number 18 Condition 2+ Sold at $495,000 RM Auctions, Monterey, CA, 8/17/07 SCM# 46360 1923 Miller 122 Supercharged Lot 240, engine number 20 Condition 1 Sold at $2,035,000 RM Auctions, “Joe's Garage,” Tustin, CA, 6/14/08 SCM# 117191 1931 Miller V16 Lot S131, s/n none Condition 2 Not sold at $600,000 Mecum Auctions, Monterey, CA, 8/13/10 SCM# 165739 Sports Car Market Courtesy of Mecum Auctions

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SCM Digital Bonus A passion for speed Harry Miller was a brilliant, obsessive, natural engineer whose core passion was developing and building racing engines. He started a company in Los Angeles to manufacture carburetors of his own design, and he quickly became involved in the local racing industry. Miller's first engine was a derivative of the 1912 Peugeot GP design (twin overhead cam, 4-valve, pent roof, compact combustion chamber — sounds like a Cosworth DFV, doesn't it?) and set Miller along the path to greatness. It was not a smooth path, however, and the designs were not always successful. Yet, Barney Oldfield's Miller “Golden Submarine” was campaigned across the United States in exhibition battles with Ralph DePalma to great public acclaim and established the Miller name. Building the team In 1920, a young draftsman named Leo Goosen stopped by Miller's office looking for work. The two immediately meshed, and to quote Mark Dees' Miller Dynasty, “It would not be long before Miller's designs would begin to reflect Leo Goosen's almost unique ability to combine grace and elegance with the most spare and rigorous functionalism. He was exactly the symbiotic partner Miller needed.” One of Goosen's first projects was a 2.5-liter (183 ci) straight-eight engine modeled after another Peugeot design, the Ballot, and it established the pattern of the straighteight Miller that powered the marque to absolute dominance on the dirt ovals, board tracks and the Indy 500 through the 1920s. The 4-valve 183-ci engine was succeeded by the 2-valve, hemispherical-cham- bered 122-ci engine in 1923. The 122 was eventually supercharged to keep up with Duesenberg, and it was replaced in 1926 by the legendary Miller 91, a supercharged 1.5-liter engine. In 1922, a young Californian named Myron Stevens was hired on as a builder for Miller, and he quickly rose to be chief of the chassis and body department. He became the third essential member of the Miller brain trust, charged with making chassis that actually worked. Jewels of the Indy 500 With the team in place, Miller became the car to have if you wanted to win — and the racing car young boys dreamed of. It was enchantingly beautiful as well as fast. Goosen's design for the 122 body was only 18 inches wide and stunning in its graceful functionality. This beauty was augmented by Miller's obsession with detail. Every car that left the shop was a jewel. Legend has it that between 5,500 and 6,000 hours went into every Miller racer, with 1,500 hours spent on fit and finish alone. Every piece of the car was carefully hand-finished. The car was polished, plated — even blued — where appropriate. The cars were artistic masterpieces and dominant racers. From 1926 to 1929, between 71% and 85% of the Indy starting fields were Millers. If there was ever an American Bugatti, Miller is it. Few original Millers left Good things seldom seem to last, though. Myron Stevens left to run his own business in 1927 (apparently amicably, as he remained close), and Miller himself sold the company to retire at 54 — just a few months before the stock market crash of 1929. The company soon foundered in the beginnings of the Great Depression, and Miller realized he had too many ideas to be a rancher, so he formed another company and hired back most of the original staff. The Depression proved too strong, and Miller went bankrupt in 1933. One of his top guys, Fred Offenhauser, bought what was left and continued the tradition under his own name. Almost all original Millers have been lost to time and use. There are at most four or five really original Millers left in the world. It's time to tie this all together and make sense of today's subject car. A treasure underneath race provenance When the Indy two-seat rules were implemented, there was no requirement that a racer must be a production car. So converting earlier single-seat racers to the new rules — by widening the chassis and building new bodies — became the best way to run at the front. For our subject car, Myron Stevens took a Miller 122 racer and made it into what ran in 1931 as the Bowes Seal Fast Special. He kept the original frame rails but widened the cross members and bored out the engine as much as he could. But he kept the running gear and put a new body on it. As such, it won in 1931, ran many more times through the 1930s, and is one of the most famous and successful two-seat Indy racers. The real point is, though, that underneath the 1930 body is most or all of an original mid-1920s Miller 122. Now we're talking serious collectibility. Whether the new owner should choose to keep the car in its current configuration or convert it back into what would be one of only a few examples of a truly glorious bit of American racing history could undoubtedly be the subject of countless late-night discussions, but this is where the value lies. Prices for Millers have been rising consistently for the past ten years or so. In the opinion of SCM pundit and Miller owner Miles Collier, they are still undervalued. Certainly in a world of $4m to $5m Bugattis (the same Bugatti who stole his twin cam design from the 122), this Miller does not seem to be unreasonably priced. I would say this car was fairly and astutely bought. ♦ (Introductory description courtesy of Mecum Auctions.) SCM Digital Bonus. Additional images and more... November 2011 51

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MONTEREY RECAP FIRST-TIMER THOUGHTS Unlimited, Delicious Excess At Concorso Italiano, car owners revved their V12s, the sonorous blasts cascading across the greens by Tony Piff Might want to take a Mulligan on this one A s I putt-putted the humble SCM Isetta through a clogged Salinas intersection, gingerly working the inverted left-handed gearbox, the driver of a gleaming silver Porsche 356 Speedster shot me an enthusiastic thumbs-up. I quickly waved back through the open ragtop. Fresh off the transporter, SCM's vintage microcar was still coated with road grime and oil from the leaking Citroën perched overhead for the past five days, but its charm was irrepressible. Its clutch, however, was not. Thirty minutes later, SCM staffers — now immune to the car's cuteness — were congregating around it on the roadside, brainstorming creative ways to be rid of the albatross permanently and reworking our packed schedule to make do with one less car. Driving an Isetta on the Monterey Peninsula proved to be a once-in-a-lifetime experience — hyperbole not intended. Maybe the modest Isetta threw in the towel because it knew August in Monterey is a dizzying blur of speed, glamour and delightful excess. This was my first time in Monterey as an SCMer, and it was a new world of sights and sounds. GTOs racing and singing Arriving at Mazda Raceway Laguna Seca on Saturday, the SCM crew glimpsed a sight that was the polar opposite of the beleaguered Isetta: eight Ferrari 250 GTOs, each valued at $20m or more, pounding the track at full song. We hurriedly gathered our gear and rushed to the nearest section of track, pressing our faces against the chain-link fence. Each passing car shattered the air with a glorious, unmuffled roar of mechanical perfection so beautiful that my eyes teared. We savored the exhaust vapors and aroma of scorched rubber. 52 Those same GTOs took center stage Sunday morning at the 2011 Pebble Beach Concours d'Elegance, where 22 of the 39 Ferrari 250 GTOs ever built were arranged on the concours lawn. Nearby, preservation-class Stutzes and Lincolns wore oxidized, 100-year-old paint that flaked in the wind. As the morning fog rolled out, attendees flowed The SCM crew spends quality time with their favorite vehicle Sports Car Market

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in, laughing, sipping wine and carousing in old-money style like a scene crafted for a Ralph Lauren catalog. Participants costumed in vintage leather driving helmets smoked cigars and kicked tires, while whitegloved handlers probed the immaculate engine bays of flawlessly restored Voisins, Delahayes and Duesenbergs with toothpicks and microfiber cloths. Gourmet food, cars and attitudes If Pebble on Sunday is the week's classiest affair, The Quail on Friday is its most exclusive. Drinks and fourstar vittles are free for those lucky enough to score $400 tickets (which sell out instantly every year). This event is nestled inside a ring of vendor booths and stages featuring new models from Maserati and Aston Martin, designer clothes I've never heard of, real estate shopping via helicopter, and a jewelry auction. I munched a breadstick and walked down a line of eight Bugatti Veyrons, then meandered through the judged cars, which were arranged in sprawling clusters. It seemed that every man in attendance was either four inches shorter than me, and possessing some unknown mastery of finance or technology, or four inches taller than me — due to generations of selective breeding. Later that afternoon, I stopped by Concorso Italiano — the celebration of sculpted Italian sheet metal — and the place to see the tightest pants and highest heels of the week. Concorso also boasts the Monterey Peninsula's highest per-car rate of gold chains and silk shirts. A sea of Ferraris, Lamborghinis, Panteras, Alfas, Lancias and Fiats from every era are judged and awarded, along with a huge corral that welcomes proud owners of non-Italian cars to join in the fun. Mercedes-Benz 300SLs in full plumage at The Quail When I arrived at the day's end, the automotive exodus had begun, and the easy- going atmosphere had grown downright unhinged. Owners revved their V12s, the sonorous blasts cascading across the fairways. One Lambo driver took a shortcut on his way out and landed in a sand trap. But all the delightful excesses of Friday paled when I found myself in downtown Monterey on Saturday evening. Toward midnight, I watched a 1937 Mercedes-Benz 540K Special Coupe sell for an incomprehensible $9.7m at RM. A young software magnate in a $10,000 leather jacket spotted the SCM logo on my nylon windbreaker and accosted me. Earnestly, seriously, he requested my professional opinion of what car he should buy. “I need to know,” he said. “What's the most bang for the buck?” “Well,” I said, “That really depends. What price point?” He answered matter-of-factly, “Unlimited.” ♦ November 2011 53

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MONTEREY RECAP SCM EVENTS 10th SCM Monterey Seminar Today's best buys — and good investments — are blue-chip cars, such as the Mercedes-Benz 300SL by Chester Allen SCM RM Auctions VIP Tour On Thursday, August 18, RM Auctions and Sports Car Market hosted an exclusive tour of cars offered at RM's Monterey sale. SCM's Senior Auction Analyst Carl Bomstead, RM Car Specialist Don Rose and RM Chief Researcher Alain Squindo gave 25 SCMers insights about top cars. Five pre-World War II Mercedes-Benz cars — four 540Ks and one 500K — headlined this year's auction, and the experts discussed why these cars are so rare and valuable. During the walking questionand-answer session, Rose and Squindo said that top collectors are moving money from stocks into blue-chip cars. The gated plaza behind the hotel held Donald Osborne shares his collecting and investment insights with SCMers S tock markets around the world were soaring, plummeting and skidding sideways when more than 200 SCMers arrived at Gooding & Company's Pebble Beach tent on Saturday, August 20. The gyrations of the world economy were on everyone's mind — even as everyone's eyes were glued to the 1957 Ferrari 250 Testa Rossa gleaming under spotlights right in the midst of the 10th Annual SCM Monterey Insider's Seminar. “Where are the Best Buys Today?” was the theme of the seminar, and SCM's panel of experts —John Apen, Carl Bomstead, Donald Osborne, Steve Serio and Publisher Keith Martin — said the stagnant real estate market and roller-coaster stock markets made top-tier collector cars attractive, enjoyable investments in this time of economic turmoil. “Not since 1989 have I seen such volatility in the collector car market — most of it upwards,” Martin said. Experts named their best car buys in price ranges of $100k and under, $100k to $750k, $750k to $2m, and $2m and up. Osborne's best $100k-and-under buy was an Alfa Romeo Giulietta Sprint Veloce, while Serio liked a great Porsche 356A or 356C coupe. “You can probably find a coupe for less than $100k,” Serio said. “Open cars are now so expen- sive, so people are going to closed cars.” Bomstead's best buy in the $100k to $750k range was a Mercedes-Benz 300SL Roadster — an ever-popular, always valuable car that has seen a surge in prices this year at auctions worldwide. “300SL Roadsters are still the gold standard of the collector car world,” Bomstead said. “And they are delightful to drive and drop-dead gorgeous.” Serio said the Ferrari 275 GTS is an underrated car and a great driver, while Publisher Martin chose a 1963-64 Alfa Romeo TZ-1. The panel got into nosebleed territory — but no place is better to talk about cars selling for $750k to $2m than the Monterey Peninsula in August — with cars that continue to increase in value, and hold that value. Osborne chose a pre-World War II Alfa Romeo 6C. “If you have a ratty one, people love it,” Osborne said. “If you have a restored one, people covet it.” Bomstead's blue-chip pick was a 1937 Packard Twelve Dietrich Sport Roadster, and Publisher Martin put his imaginary money on a 1963-64 Porsche 904 GTS. “Your first response to the car has to be emotional,” Martin said. In the $2m-and-up category, Osborne went with a pre-World War II Alfa Romeo 8C, and Serio picked “Any Ferrari that starts with 250 and without GTE.” In the “Sky's the Limit” category, Publisher Martin went to the recent past and picked a McLaren F1. The F1's amazing performance, quality and rarity make it a blue-chip collectible, Martin said.. In the end, everyone agreed that a no-stories blue-chip collector car has a good chance of beat- ing today's stock and real estate markets. Project cars or lower-level collectibles are good ways to lose money. ♦ 54 most of the consigned cars. Bomstead quickly steered the conversation to the 1932 Ford Edelbrock Special roadster. More than 400 pieces of memorabilia accompanied it, and two gentlemen were sitting at a desk near it willing to answer questions. Toward the center of the plaza sat the famous “Le Mans” 1970 Porsche 911S formerly owned by Steve McQueen. Rose said that RM's $1m price estimate was based on the McQueen Factor — which tends to increase an object's value tenfold. He was proven correct. — Chad Tyson SCM Mecum Auctions VIP Tour Later in the afternoon of August 18, SCMers gathered at the Hyatt Regency Monterey Hotel and Spa for a tour of Mecum's cars. The tour featured Mecum's Presentation/Marketing Director Sam Murtaugh and SCM Managing Editor Jim Pickering. By adding a day to their auction, Mecum increased the total vehicles offered in Monterey from last year's 420 to 707. After briefly surveying the 200 motor- cycles Mecum brought to the peninsula, the group of ten SCMers headed straight for the barn-find trio of a 1974 246 GTS Dino, a 1972 Ferrari 365 GTB/4 Daytona and a 1977 Maserati Bora coupe. The daughter of the man who bought the cars answered the group's questions. A nearby group of cars caught Picker- ing's eye. We started with a 1957 Ford Thunderbird Phase I D/F code convertible that was one of 15 specially built for Daytona Speed Week. Next to that was the famous Costilow/Larson 1963 Shelby Cobra Dragon Snake, in all its bright pink glory. The group then headed for the auction tent, where seven cars from the David V. Uihlein collection were on display. One of them, the 1931 Miller Bowes Seal Fast Special Indy 500 winner, would go on to become Mecum's highest seller of the week at $2.1m. Close by was the 1930 Packard 745 Waterhouse Victoria, one of only three on the planet. “There's more metal in this car than in my last three,” Murtaugh said. — C.T. ♦ Sports Car Market Tony Piff

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MONTEREY RECAP COLLECTING THOUGHTS Steve McQueen's “Le Mans” 911S Will the “King of Cool” Factor Last? Is some of McQueen's ineffable coolness translated through this totemic object to the new owner? by Miles Collier What are you buying when the man is remarkable but the car isn't? relative bargain. This attractive but unexceptional Porsche was bought at a price that could purchase some very desirable and iconic automobiles with enduring historical importance — to say nothing of continuing appreciation. Does this sale make any fundamental sense? Probably be- B cause there isn't an atom of my being that gets the fascination of owning a piece of celebrity memorabilia, I thought I would try to understand this transaction. Come with me as I walk through the issues. Let's start our analysis by looking at collecting in gen- eral. Collecting is a common and universal human activity going back to the beginnings of recorded history. Despite its prevalence, its psychological underpinnings are still unclear. What we do know is that collecting is a solitary and deeply subjective compulsion. Collectors collect what they do irrespective of intrinsic Cool? Yes. Historical? Not so much value. Think of the apocryphal giant ball of string contrasted to a great collection of Baroque period Old Master paintings. Some analysts explain collecting as the manifestation of psycho-emotional compensation for early trauma. Whatever the ultimate mechanism, collectors are a varied bunch, and collecting plays many roles: as a means of self-validation, as an expression of culture and status, as a tangible way to master a body of knowledge, for the thrill of the chase, for sheer acquisitiveness, as a communication with the past and so on. A totem of cool? Objects from the past make distant historic events current, as well as make abstract concepts, the role of motor racing in automotive evolution for example, concrete. Historic objects such as our subject 911 serve as powerful bridges to bygone personalities as well as to historic events. 56 y now we're used to seeing Steve McQueen artifacts sell for absolutely breathtaking amounts of money. In a world where the King of Cool's sunglasses sold for $70k, $1,375,000 for his 1970 Porsche 911S at RM's Monterey auction has to be viewed as a We can tread the very boards that Thomas Jefferson trod at Monticello; we can sit where Steve McQueen sat in his 911S. As I own a small collection of ancient Egyptian artifacts, I can attest to the metaphysical power that such objects embody. I think we can hypothesize that the prospect of owning a link between the successful buyer and Steve McQueen's spirit — as impounded in his car — is one of two main drivers for the extraordinary sum paid. Additionally, is there not a reflected glow from McQueen's stardom on the new owner? Is not some of his ineffable coolness translated through this totemic object to the new owner? Certainly such beliefs exist in other societies. Who is to say they aren't operative here? Objects can be important for a number of reasons in addition to the celebrity or infamy of their former owners. They can be important for what they are in and of themselves, such as an exemplar of groundbreaking technology or the winning car in the 1957 German Grand Prix. In this case, the 911S is the mechanical co-star in the opening minutes of Steve McQueen's cult racing movie, “Le Mans.” This is the second value driver at work. Thus, our subject car represents two different historical properties in one object: reflected celebrity by virtue of McQueen's ownership, and actual cinematic celebrity as an important prop in the opening minutes of the movie “Le Mans,” which is a venerated and important piece of the McQueen oeuvre in which he was both star and director. This double whammy — personal property of the celebrity owner and movie icon — is rare indeed and did much to fuel the bidding. Let's consider some implications. Sports Car Market Courtesy of RM Auctions

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First, while the duel to acquire this historic car was evidently vigorous and hard-fought in light of the amount required to secure it, I have to wonder about the future value of this collectible. How much of McQueen is left? There are two kinds of history: the eternal and the evanescent. The eternal is of such a magnitude that it defines its place in history; if not for all time, then at least for the indeterminate future. The evanescent, by contrast, is based on the now, and while it might burn white-hot for a time, like a Fourth of July sky rocket, quite soon it remains only a memory. At the end of the day, the McQueen phenomenon is firmly based in the now — not in history. He was just an actor, someone who pretends to do stuff, albeit with a great deal of style, and “Le Mans” was just a movie, pure fictional entertainment, albeit with quite a following. Consequently, the day will come when McQueen's celebrity will be forgotten. He is Prototipo steering wheel: A McQueen addition? a Baby Boomer phenomenon, and he will pass out of sight with that cohort. I think it is also noteworthy to observe that celebrity artifacts seem to do poorly upon resale. I hesitate to speculate why, but it is as if the pixie dust wears off more and more with each passing owner until the object stands bare, revealed as just another mundane example of its kind. The opportunities to observe this phenomenon are legion: Elton John's liquidation of his car collection generated prices those cars have never brought again. I am dubious whether this auction transaction will be repeatable any time soon. Finally, while the role of the McQueen 911 in the “Le Mans” movie is relatively clear, what is the effect of the post-McQueen 100,000 miles worth of wear and tear — and the subsequent repaint and seat recovering — on its ability to link us to McQueen? His cigarettes aren't in the glove box and haven't been for 100,000 miles. At what point does subsequent use dilute the McQueen aura? He never touched the seats or the surface of this car as it now exists. As I have often written, the perceptually historic parts of a car are really only the layers of finishes applied to the car; the paint, the trim materials, the plating, and so forth. In the case of our perfectly respectable and well-kept $100,000-on-a-good-day 1970 Porsche 911S, $1.3m has been assigned to the McQueen factor. Metaphysically, the repaint and seat recovering should detract from the original “King of Cool period” nature of the car. In essence, you can't sit where Steve McQueen sat. The car is also equipped with a Prototipo steering wheel. The catalog is silent as to whether it is a McQueen customization or not, which makes me think it is a later addition. How important is physical change to this kind of object, dependent as it is on its celebrity connections? It is hard to isolate. Let's consider the value of this car if it were only known for its movie role. Would the repaint, the re-trim of the seats, the changed steering wheel enter in? Would the car be substantially less valuable if it were only a movie prop without McQueen's ownership? I'd say yes, as a movie prop is less personal, and therefore less freighted with the talismanic power of the celebrity. How did the buyer make out here? Among Steve McQueen fans, this car has to be quite a coup. Among the rest of us, not so much. Very well sold. ♦ November 2011 57

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MONTEREY RECAP CONCORSO ITALIANO Concorso Italiano's 26th Family Reunion Concorso is a relaxed event, despite the howling of Italian horses as owners start up their cars and rev them toward redline by Chester Allen said. “This is my third Alfa, and it's so much fun to drive that I never get tired of it.” Concorso is a relaxed event, despite the howling of Italian horses as owners start up their cars and rev them toward redline. Even so, there are always a few surprises. This year marked the 14th time that Publisher Keith Sir Mix-A-Lot mixes it up with SCM's Tom Mann Martin served as emcee and, as his amplified voice floated above the white tents, outdoor café and shining cars, he introduced the famous rapper and gearhead Sir Mix-A-Lot. Sir Mix-A-Lot, who A chance to put your hood up and let your hair down T here's a lot to like about Monterey in August, but few events on the peninsula cruised along this year with the informal charm of Concorso Italiano. The Laguna Seca Golf Ranch is high enough in the rolling hills of dry, golden grass and green oak trees to escape the cold marine fog of nearby Monterey. So, the day was warm — with a vague feeling of somehow being in Tuscany — and the good Italian food, traveling musicians and gentle squeak and pop of opening wine bottles felt more like a family reunion than an ultra-serious concours. And then there are all the beautiful cars — and their proud owners. Concorso has the reputation of being a huge gathering of Ferraris, but a short walk revealed fairways of Alfa Romeos, Lancias, Lamborghinis, Bizzarrinis, Maseratis, Fiats and Isos. SCMer Sunny Duncanson of Bass Lake, CA, relaxed in a lawn chair as her 1969 Maserati Ghibli dozed in the sunshine. Concorso celebrated 45 years of Ghibli coupes this year, and many owners brought their cars out for a day in the sun. “My husband brought it home with no warning 12 years ago,” Duncanson said. “I didn't mind —he doesn't ask about what I buy and I don't ask about what he buys.” Can you say La Dolce Vita? Concorso also celebrated original and barn-find Italian cars, including a stunning 1966 Ferrari 275 GTB Alloy that — despite a thick coat of dust — seduced many onlookers. The 40th anniversary of the De Tomaso Pantera attracted squadrons of the Ford-powered, Italian-built rockets, including one car with a completely chromed engine. Others relaxed in lawn chairs next to their cars and — what else? — talked Italian cars. Plan ahead: August 17, 2012 Where: Laguna Seca Golf Ranch, Monterey, CA Cost: $125 More: www.concorso.com 58 Marc d'Estout of Santa Cruz, CA, sipped wine and nibbled on bread near his 1974 Alfa Romeo GTV, the one with license plates reading “Alfisto.” “It's hard to get rid of this car even after nine years — it's like a mistress,” d'Estout features Ferraris and Lamborghinis in many of his songs — and in his garage — talked ultra-expensive Italian supercars with Martin while fans made a beeline for the stage. But even rap royalty couldn't pry many owners away from their cars. Sal Zammitti of Moraga, CA, wiped down his gleam- ing 1972 246 GT Dino in Rosso Rubino and informed admirers that his car was not for sale. “I bought the car in 1980 for $15,000, but I didn't buy it as an investment,” he said. “I bought it because I fell in love with it, and it is the most beautiful Ferrari ever made.” Zammitti ate fruit and surveyed a blissed-out crowd wallowing in all things Italian — food, wine, fashion, and most importantly, cars. “This is my second or fourth time at Concorso,” Zammitti said. “It's a joy, especially if you drive here and see people smiling at your car.” ♦ Hey, it's not always about Ferraris Sports Car Market

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SCMers at Concorso Italiano John Apen—Orlando, FL 1989 Ferrari 328 GTS Ron Avery—Winnetka, CA 1965 Jaguar XKE Giorgio “George” Andreini —Portola Valley, CA 1965 Maserati Mistral Spyder Gianluca Baldo—San Francisco, CA 1999 Ferrari F355 Steve Barber—San Jose, CA 1960 Maserati 3500 GT Donald Barniske—Brawley, CA 1993 Cadillac Allante Burt Baumgartner—Paso Robles, CA 1993 Dodge Viper Donald Bennett—Santa Barbara, CA 2011 Porsche Boxster Bill Bergman—Laguna Woods, CA 1983 Alfa Romeo GTV 6 Jack Bianchi—Santa Barbara, CA 1965 Ferrari 275 GTB Bill & Carol Biggs—Kelseyville, CA 1973 Ferrari 246 GTS Dino Tony Blevins—Half Moon Bay, CA 1972 De Tomaso Pantera GTS James “Jim” Bonney—Carmichael, CA 1962 Ferrari 250 GTE David “Dave” Buchanan—Palo Alto, CA 1966 DeTomaso Vallelunga John A Buchok—Sierra Madre, CA 1986 Alfa Romeo Spider Veloce Richard E Buckingham Jr.—Renton, WA 1973 Lancia Fulvia 1.3S Ken Butler—Central Point, OR 1962 Alfa Romeo Giulietta Spider 1959 Alfa Romeo Giulietta Spider Sam Cabiglio—Signal Hill, CA 1973 Ferrari 246 GTS Dino 1959 Fiat 600 Derivazione 750 Abarth Tim Cain—Palo Alto, CA 1964 Alfa Romeo Giulia Spider Veloce Redgee Capili—Morgan Hill, CA 1992 Ferrari 512 TR Richard Carpeneti—San Francisco, CA 1977 Maserati Merak SS Anthony “Tony” Carpenter—Lincoln, CA 1985 Ferrari 308 GTS QV Tate Casey—Costa Mesa, CA 1972 Ferrari 365 GTC/4 David E & Celeste Cave—Napa, CA 1995 Ferrari 355 GTS Christopher Chabanne—San Mateo, CA 1990 Ferrari Testa Rossa Harry Clark—Temecula, CA 2005 Ducati ST4S William West & Maggie Clark—Salinas, CA 1967 Alfa Romeo Giulia Sprint GT Veloce Richard R Cole—Santa Maria, CA 1972 Ferrari 365 GTB/4 John Concialdi—Redondo Beach, CA 1998 Ferrari 550 Maranello Dane & Rochelle Conklin—San Carlos, CA 1975 Ferrari 308 GT4 November 2011 Helio A Cornejo—Roseville, CA 1992 Alfa Romeo 164 S Colin W Craig—North Vancouver, BC, CAN 1977 Maserati Merak SS Charles Damus—Las Vegas, NV 2007 Maserati Quattroporte John “Jack” Davis—San Francisco, CA 2008 Maserati GranTurismo Kurt Delimon—San Jose, CA 1972 BMW 3.0 CS Guido “Guy” Dellavecchia—San Jose, CA 1975 Ferrari 308 GT4 James “Jim” Dietz—Danville, CA 1971 Alfa Romeo Montreal Lance Dong—San Marcos, CA 1982 Alfa Romeo GTV 6 Balocco Russell Duncanson—Oakhurst, CA 1969 Maserati Ghibli Rod & Connie Dykhouse—Templeton, CA 1997 Ferrari F355 David Eichenbaum—St Petersburg, FL 1960 Ferrari 250 PF Robert “Bob” Farwell—St. Louis, MO 1980 Ferrari 308 GTSi Steve Fields—Carmel, CA 1967 Alfa Romeo Duetto Spider 1967 Alfa Romeo GT1300 Junior James “Jim” & Linda Filice—Los Gatos, CA 1987 Alfa Romeo Spider Quadrifoglio David Fisher—Milpitas, CA 1972 Alfa Romeo GTV 2000 Francisco Flores—San Rafael, CA 1992 Alfa Romeo 164 S Jack & Carole Freethy—Lafayette, CA 1969 Iso Rivolta Lele Benjamin Gage—Hillsborough, CA 2006 Ferrari F430 Spyder Sal & Louise Garcia—San Francisco, CA 1992 Alfa Romeo 164 L 1984 Ferrari 308 GTS QV 1990 Maserati 228 Jon Gavin—Pleasanton, CA 1992 Alfa Romeo 164 L Richard “Rick” Geraths—Stayton, OR 1998 Jaguar XK8 James “Jim” Gianopulos—Los Angeles, CA 1973 Ferrari 246 GTS Dino Ray Gin—Sacramento, CA 1999 Lamborghini Diablo John & Marianne Giordanengo—Chico, CA 1982 Porsche 928 Weissach Todd Glyer—Foster City, CA 1973 De Tomaso Pantera James W Goodacre—Carmel, CA 2001 BMW M5 Bruce M Gordon—Carmel, CA 1978 Alfa Romeo Spider Andrew Govan-Smith—San Francisco, CA 1963 Alfa Romeo Guilia Super 1967 Fiat Abarth 850TC Richard & Carolyn Gray—Carmel Valley, CA 1971 Maserati Ghibli Michael “Mike” Gulett—Monte Sereno, CA 1966 Bizzarrini 5300 GT Strada 1968 Iso Grifo 1965 Iso Rivolta GT Jerry Hamen—Chicago, IL 1969 Alfa Romeo Spider Veloce Iniezione 1960 Alfa Romeo Giulietta Sprint Shawn Hanson—El Sobrante, CA 1972 BMW 3.0 CS Jeffrey “Jeff” Hartman—San Jose, CA 1974 Alfa Romeo Spider Eric Hawley—Shaw Island, WA 2008 Ferrari 612 OTO Joseph “Joe” Hensler—Fair Oaks, CA 1957 Alfa Romeo Giulietta 1966 Iso Rivolta Mark Henzel—Pasadena, CA 1973 Porsche 914 Hoffman Hibbett—Monte Sereno, CA 1963 Ferrari 250 GT/L Lusso Randy Hill—Burlingame, CA 1963 Ferrari 250 GT/L Lusso Jay K Huffaker—Los Angeles, CA 1974 Maserati Bora Kevin & Janet Hurley—Berkeley, CA 1983 Ferrari 308 GTS QV Michael “Mike” Ingegno—Oakland, CA 1961 Alfa Romeo Giulietta Sprint Speciale Charles “Raz” Ingrasci—San Anselmo, CA 1967 Alfa Romeo Duetto Fred Johansen—San Francisco, CA 1961 Maserati 3500 GT Richard Judy—Tacoma, WA 1959 Fiat 1100 Myles H Kitchen—Aptos, CA 1995 Ferrari F355 GTS Gary Kuntz—Danville, CA 1972 Ferrari 365 GTC/4 Marvin Landon—Hidden Hills, CA 1967 Ferrari 365 GT 2+2 Eric & Rena Lane—Atherton, CA 1998 Ferrari 366 F1 Spider Morgan Langley—Escondido, CA 1973 Alfa Romeo Junior Zagato 1600 Richard & Patricia Lanni —Newport Beach, CA 2008 Bentley GTC Guido Lanza—San Francisco, CA 1959 Lancia Flaminia George Lazarus—Mill Valley, CA 1998 Lotus Elise 190 Sport Armando Levy—San Francisco, CA 1975 Ferrari Dino 308 GT4 Stephan “Steve” Lucanic—Santa Rosa, CA 1993 Cadillac Allante Derek Lunghino—Huntington Beach, CA 2003 Porsche 996 Jeff Macaluso—Goleta, CA 1971 Maserati Indy Joanne and Glen MacDonald —Westlake Village, CA 1986 Alfa Romeo Spider Veloce John C Maclay—Walnut Creek, CA 1964 Alfa Romeo 2600 Spider Leonard Maggiore—San Jose, CA 1989 Ferrari 328 GTS Frank Mandarano—Mercer Island, WA 1960 Maserati 3500 GT Marco Marini—San Mateo, CA 1998 Ferrari F355 Spyder Gary L Marquis—Chico, CA 1987 Morgan +8 Ron McDaniel—Stockton, CA 1991 Ferrari Testa Rossa Dean O & Joanie McFarren —Walnut Creek, CA 1980 Ferrari 308 GTSi Richard “Dick” & Diane McGovern —San Jose, CA 1963 Porsche 356 T-6 Patrick McHugh—Stockton, CA 2000 Ferrari 360 Ralph Moceo—Santa Cruz, CA 1957 Fiat 1100 1959 Fiat Bianchina 500 Al & Stella Mohr—Carmel Valley, CA 1972 Ferrari 365 GTC/4 Martin & Molly Ann Moore —Englewood, CO 1963 Ferrari 250 GTE Jerry Mouton—Palo Alto, CA 1964 Jaguar XKE Aiden J Naughton—Huntington Beach, CA 1999 Ferrari F355 Spyder Joseph “Joe” Niederst—Ventura, CA 1974 Alfa Romeo GTV Bill Noon—La Jolla, CA 1954 Ghia 1900 CSS TJ Noto—Los Gatos, CA 1973 BMW 3.0 CSL Chris Obert—Santa Cruz, CA 1962 Fiat 1100 TN 1959 Fiat 600 Jolly Robert Ochi—Granite Bay, CA 1986 Ferrari 328 GTS Tom Oda—Monte Sereno, CA 1967 Ferrari 330 GTC Eugene R “Gene” & Vicki O'Gorman —Pleasanton, CA 1972 Maserati Ghibli Denny & Dani Paul—Carmel, CA 1967 Intermeccanica Apollo GT Timothy Pearson—Alamo, CA 1957 Alfa Romeo Giulietta Spider Veloce Trevor Pearson—Los Angeles, CA 1974 Alfa Romeo GTV Ed Peterson—San Jose, CA 1999 Ferrari 355 GTS Larry & JoAnne Pieracci—San Jose, CA 1987 Ferrari 328 GTS Michael Pordes—Fairfield, CA 1967 Alfa Romeo Giulia Sprint GT Veloce Joseph “Joe” Prang—Los Gatos, CA 2008 Bentley GTC Victor Preisler—Calabasas, CA 1958 Maserati 3500 GT Touring Spyder Marvin Price—Scottsdale, AZ 1990 Jaguar XJS Michael “Mike” & Nanette Ponte —San Ramon, CA 1983 Ferrari 308 QV Peter Randall—Redwood City, CA 1965 Alfa Romeo Guilia Sprint GT Troy & Ruth Raynor—Morro Bay, CA 2005 Ferrari 575 Superamerica Roy & Barbara Riccetti—Gilroy, CA 1983 Ferrari 308 GTS QV Shannon Rogers—Loomis, CA 1987 Ferrari Testa Rossa Fedele “Fred” Rossi—Alamo, CA 1965 Jaguar XKE James & Martha Roten —El Dorado Hills, CA 1988 Alfa Romeo Spider Arthur Russell—Los Angeles, CA 1963 Alfa Romeo Giulia Spider James “Jim” Russell—Atascadero, CA 1991 Alfa Romeo 164 L Tony Sanelli—Concord, CA 2011 Alfa Romeo Spider Paul & Jackie Schaeffer—Tiburon, CA 1967 Ferrari 330 GT 2+2 James Scott—Fresno, CA 1975 Ferrari 308 GT4 Dale Seal—Fresno, CA 2009 Ferrari 16M Scuderia Thomas “Tom” Shaughnessy —Oceanside, CA 1966 Ferrari 275 GTB Alloy Jim Silva—San Leandro, CA 1953 Arnolt MG Norman Silverman—Chatsworth, CA 1965 Alfa Romeo Giulia Spider Veloce Daniel “Dan” Simpson—Glendora, CA 1955 Alfa Romeo 1900 Zagato CSS Steven Smith—Santa Clara, CA 1959 Alfa Romeo Giulietta Sprint 1986 Alfa Romeo Spider David F Soares—Santa Cruz, CA 1988 Porsche Carrera Ron & Diane Spindler—Los Angeles, CA 1969 Bizzarrini 5300 Strada Jeffrey Srinivasan—La Canada, CA 1974 Alfa Romeo Spider Veloce Dieter Stenger—Auburn, CA 1973 BMW 2002 tii Nick & Patti Stenn—Morgan Hill, CA 1987 Ferrari Testa Rossa Christian Stukenbrock—Palo Alto, CA 2006 Ferrari F430 Terry Sullivan—Los Angeles, CA 2000 Ferrari 550 Maranello Martin Swig—San Rafael, CA 1925 Lancia Lambda Shari Ten Eyck—Corona del Mar, CA 1993 Cadillac Allante Tish & Tom Thinesen—Sunnyvale, CA 1972 Ferrari 246 GTS Dino Ron & Marcie Tonkin—Portland, OR 1995 Ferrari F50 Donald “Don” Treadwell—Gilroy, CA 1974 Maserati Bora 2004 Maserati Coupe 1977 Maserati Merak List continued on p. 61 59

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MONTEREY RECAP THE QUAIL Nine Years of All Guests Being Equal You can see three woodies alongside a D-type Jaguar and a Bugatti at this intimate, all-inclusive event by Donald Osborne McCall and Kadoorie feel it's the diversity of the entry that is key to its appeal. You may not want to own everything you see, but you're likely to see a good number of things that push your enthusiast buttons. At the beginning, getting the pieces together for the right mix was a challenge. McCall remembers spending time on the phone “selling the dream.” It wasn't all hard slogging, however, as Kadoorie admitted that, “We were lucky to have as friends owners of some great motorcars — people such as Bob Lee, Arturo Keller, Bruce Meyer, Chip Connor and so on, who supported our idea from the very beginning.” In choosing what to show, McCall said, “We have standing classes which return each year, and then we think of anniversaries, events, people or cars we want to honor.” The 2011 field featured special displays to honor Riverside International Raceway, the Ferrari America and Superamerica and the 50th Anniversary of Phil Hill's F1 World Driver's Championship. “We are so fortunate that The Quail was the last event Woodies are welcome — 1947 Ford Sportsman I t's sometimes difficult to think that it has been nine years since The Quail: A Motorsports Gathering first appeared in Carmel Valley during the Monterey Car Week. The Quail, an exclusive event, has established itself as a shining star in the crowded constellation of events on the peninsula. Sir Michael Kadoorie, owner of the Quail Lodge Resort & Golf Club, and Gordon Kadoorie McCall McCall, head of McCall Events of Monterey, CA, created The Quail. The founders took a few moments to sit and chat on the field the morning of the 2011 event to look back on the reasons they created the show, to discuss how it has developed and where it might be headed as the 10th anniversary approaches in 2012. First, why the need for The Quail? Kadoorie said, “It was twofold. Concorso Italiano, while a wonderful event, had out- grown the venue. It also didn't represent what the Peninsula Group represents. We needed something smaller, not a large event which had to make room for everything.” McCall added, “We needed an alternative concept — to prove to people that they were wrong when they said everything has to be big to succeed.” So, the concept of The Quail, a limited number of tickets sold on an all-inclusive basis, was conceived. McCall said, “We determined how many people we could entertain as VIPs — all guests being equal, with no levels. Think of the famous slogan used by the legendary British racetrack Brooklands, ‘The Right Crowd and No Crowding,' and you'll have an idea of what the creators of The Quail had in mind.” “We wanted an unhurried, non-congested atmosphere, a garden party with great cars in this perfect microclimate, out of the rain and fog of Carmel,” Kadoorie said. Different cars — and motorcycles The mix of vehicles on display at the Quail is also somewhat unexpected — and the use of the word “vehicle” is intended, as motorcycles have shared the green alongside cars from the start. “What I love about The Quail is that we Plan ahead: August 17, 2012 Where: Quail Lodge, Carmel Valley, CA Cost: $400 (in 2011) More: www.quaillodgeevents.com 60 can have three woodies alongside a D-type Jaguar and a Bugatti,” Kadoorie said. 1942 Alfa Romeo 6C 2500 SS Sports Car Market that Phil attended,” McCall said. ” We were honored and felt compelled to acknowledge him.” Jack Thomas' 1955 Ferrari 375 America with body by Pininfarina won Best of Show at this year's Quail. Is it worth $400? Of course we have to come to an inevitable question that arises when The Quail is mentioned. Is it worth $400 per ticket? “I would ask anyone who doubts the value here to compare apples to apples” McCall said. “By the time you buy VIP tickets to some events, and still have to be shuttled in, you can begin to compare the experience. Here, you're greeted in a friendly manner, stroll, sit, drink and eat. It's like going to a five-star restaurant and having a car show break out.” So has the event lived up to the founders' expectations, and how might it change going forward? McCall thinks it has “evolved and been honed — but to the same original vision, thanks largely to the Quail Resort team, which works with us on this 51 weeks a year.” Taking in this year's The Quail, I'd have to agree that while there might be more impressive cars elsewhere, better food and even more plentiful free drinks, no event in the Monterey Week ties it all together quite like The Quail. ♦

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SCMers at The Quail Michael Alessandro—CA 1974 Ferrari 246 GTS Dino Bob Baker—CA 1955 Mercedes-Benz 300SL W. Malcolm Barksdale—CA 1966 Lamborghini 350 GT James Barron—CA 1965 Shelby GT350 Mike Baum—CA 1962 Lancia Appia Convertibile Bob Beck—CA 1957 Chevrolet Corvette Alan Chalk—CA 1966 Bultaco TSS250 John A. Clark—CA 1969 Lamborghini Islero GTS Thomas R. Coady Jr.—IL 1956 Ferrari 410 Superamerica William Connor—NV 1938 Talbot Lago T150C “Teardrop” Coupe Richard W. Darling—CA 1953 Siata 208S Henry Davis—NE 1966 Ford GT40 Mk I Peter & Barbara Fodor—CA 1959 Porsche Speedster 356A Dennis Glavis—CA 2010 Morgan Aero Super Sports James Glickenhaus—NY 1967 Chevrolet Baja Boot Off-Road Racer Scott Grundfor—CA 1962 Mercedes 300SL “Alloy” Roadster Morris Halperin—CA 1967 Ferrari 330 GTS Craig Hartman—CA 1963 Jaguar XKE Coupe Ronald Hein—CA 1962 Ferrari 250 SWB Lee Herrington—NH 1957 Ferrari 4.9 Superfast Roger Hoffmann—CA 1959 Austin-Healey Sprite Mk I Robert Jacobs—CA 2009 Mercedes-Benz SLR McLaren Issam Karanouh—TX 1962 Mercedes Benz 300SL Tom Kazamek—CA 2007 McLaren Mercedes SLR 722 Edition Thomas Knudsen—CA 1967 Toyota 2000 GT Chris LaPorte—IL 1957 Ferrari 410 Superamerica Series II Ron Laurie—CA 1961 Jaguar XKE Convertible Robert M. Lee—NV 1956 Ferrari 410 Series I Ghia Body Superamerica 1962 Ferrari 400 Superamerica Dennis LeVett—CA 1947 Fiat Topolino 1959 Autobiachi Bianchina Steve Lindsay—CA 1965 Lamborghini 350 GT John W. Linfesty III—CA 1953 Kurtis 500S Douglas Magnon—CA 1966 Indy Car Aar Eagle 1969 Formula 5000 Eagle 1983 NASCAR Herschel McGriff NASCAR Michael Malamut—CA 1962 Jaguar XKE Convertible Thomas Malloy—CA 1948 Kurtis-Kraft “Don Lee Sal” 2000 1969 Brabham BT-29 1975 AAR Eagle Formula 5000 1986 Pontiac Grand-AM Aero-Coupe Jon Masterson—CA 1956 Ferrari 250 GT Tour de France Richard Mattei—WA 1942 Alfa Romeo 6C 2500 SS Peter McCoy—CA 1963 Ferrari Superamerica Craig & Dannie McLaughlin—CA 1952 Singer 4AD Mark Miller—CA 1950 Jaguar XK-120 Alloy 1961 Jaguar XKE Convertible Keith Milne—CA 1987 Ducati F1 Laguna Seca David Mohlman—CA 1959 AC ACE Bristol 1964 Aston Martin DB5 Jay & Gerrie Moyes—UT 1955 Porsche Carrera 1500 GS Speedster 1992 Ferrari F40 Donald Murray—CA 1964 Ferrari 400 Superamerica Rick Nash—CO 1957 Ferrari 250 GT LWB Comp. Zagato Dan Nissim—CA 1965 Shelby Cobra Curt Pindler—CA 1963 Jaguar Coupe Eagle Lightweight Brian Pollock—WA 1937 Morgan Sports 2 Seater Tom Price—CA 1967 Ferrari 275 GTP 4 Alloy Ronald Rader—CA 1967 Jaguar XKE Ron Rezek—OR 1927 Bentley 6 1/2 Litre Ken Roath—CA 2011 Ferrari 599 GTO Mark Robinson—HI 1963 Ferrari 250 GT/L Lusso Jerry Roehl—NM 1974 Jaguar XKE V-12 OTS Chris Roman—CA 1973 Porsche 911 Carrera 2.7 RS Joe Sackey—CA 1979 Lamborghini Countach S Richard H. Sacks—IL 1967 Jaguar XKE OTS Jonathan Segal—CA 1973 Porsche 911 RS Tom Shaughnessy—CA 1957 Kurtis 500 X Caballo 2 Tony Shooshani—CA 1939 Alfa Romeo 6C 2500 1956 Porsche 356A Speedster David Smith—WA 1952 Siata 208 CS 8V Robert Strand—CA 1956 Fiat Abarth 750 Double Bubble Coupe Jack E. Thomas—MO 1951 Ferrari 340 America 1953 Ferrari 342 America 1955 Ferrari 375 America 1956 Ferrari 410 Superamerica 1963 Ferrari 400 Superamerica Thomas A. Thornhill III—CA 1955 Lancia Aurelia B20S Clay Timon—CA 2005 Ferrari 575M Superamerica Jim Truitt—CA 1959 Norton Manx 40M Reid Vann—MO 1959 Porsche 356A Carrera GS Gary Wasserman—CA 1966 BMW R69/S Malcolm Welford—CA 1963 Shelby Cobra Ira Zalesin—CA 1963 Lancia Flaminia Pininfarina Coupe 3B Eric Zausner—CA 1936 Ford Aerosport Peter Zobian—CA 1949 Jaguar XK-120 Super Sport ♦ SCMers at Concorso Italiano, continued from p. 59 James Treadwell—Carmichael, CA 1991 Alfa Romeo 164 S Paul J Turek—Hillsborough, CA 1967 Iso Rivolta GT John Vartanian—Visalia, CA 2001 Ferrari 550 Barchetta Pete & Susan Vasquez—Salinas, CA 1953 Stanguellini Bertone Jon Venverloh—Atherton, CA 1971 Ferrari 365 GTB/4 “Daytona” 1971 Ferrari 365 GTB/4 “Daytona” Eric Vincent—Woodland, CA 1986 BMW 635 CSI November 2011 Bruce & Juana Wagner—Salinas, CA 1980 Maserati Merak SS Bruce & Peggy Wanta—Bellevue, WA 1967 Ghia 450 SS 1973 Maserati Bora Kenneth “Ken” Wells—Edmond, OK 2009 Aston Martin Vantage H Wilson Werhan—Walnut Grove, CA 1973 Maserati Bora Milton Wheeler—Saratoga, CA 1984 Alfa Romeo Spider Veloce Scott Whitman—Saratoga, CA 2010 Lotus Evora Dennis Williams—Altadena, CA 2000 Ferrari 550 Maranello Harold Williams—Moorpark, CA 1974 Ferrari 246 GTS Dino 1969 Ferrari 365 GTC 2011 Local Motors Rally Fighter Jeffrey “Jeff” Wilson—San Francisco, CA 1993 Cadillac Allante William “Bill” Wilson—Fresno, CA 1960 Morris Mini Cooper David Word—San Francisco, CA 1972 Maserati Ghibli 4.9 SS 61 Robert “Bob” Yeager—Oakland, CA 1964 Alfa Romeo 2600 Spider Steve York—San Antonio, TX 1968 Fiat 124 Spider Leslie Yuen—San Francisco, CA 1989 Ferrari 328 GTB Arthur & Lisa Zafiropoulo—Atherton, CA 1996 Ferrari F50 1995 Ferrari F50 ♦

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MONTEREY RECAP PEBBLE BEACH CONCOURS D'ELEGANCE A Mecca for the Finest Cars on the Planet Over-restoration, once rather common, is now frowned upon. Actually driving the car is encouraged By Carl Bomstead Lights, cameras and more action at Dawn Patrol. SCMer Don Williams arrives in his 1936 Mercedes-Benz 540K Mayfair Special Roadster F or 364 days of the year, Pebble Beach is Mecca for golfers. The cost of green fees is irrelevant to an avid golfer, as a prime tee time is priceless. Just to walk the 18th Fairway where U.S. Open titles have been won and lost is an exhilarating experience. For one day a year, however, the focus shifts to the Pebble Beach Concours d'Elegance, and the hallowed 18th Fairway is transformed into a display of more than 200 of the finest automobiles and motorcycles in the world. August 21, 2011, was the 61st annual concours, and it has evolved from its beginnings as a display of new sports cars that arrived fresh from racing through narrow, twisty, pine-shaded 17 Mile Drive to the most prestigious automotive event in the world. The selection process is arduous, and to be invited to display your automobile or motorcycle is an honor in itself. Of course, to be announced as you cross the ramp as a class winner or for another special recognition makes the day even more special. The judging process at Pebble Beach has also evolved over the years, with emphasis on authenticity and the quality of restoration. Over-restoration, once rather common, is now frowned upon. Actually driving an entered car is also encouraged, as shown by the 170 cars that participated in the 70-mile Tour d'Elegance on the Thursday prior to the concours. Mercedes-Benz honored In 1886 — 125 years ago — Carl Benz and Gottlieb Daimler patented the first gasoline-powered vehicle, and the 2011 Pebble Beach Concours celebrated the event by presenting 30 Mercedes-Benz cars in six classes. The 1928 Mercedes-Benz S Murphy Speedster, owned by SCMers John Rich Sr. and Jr., won not only its class but was selected as the Most Elegant Open car of the entire concours. Not to be missed was the 1937 Mercedes- 62 Benz 540K Special Roadster, one of just six built with the long tail that enclosed the spare tire into the rear deck. Driven fewer than 12,000 miles, it was truly spectacular and a fitting class winner. GTOs and DV-32s This year, one of the special classes recognized the 50th anniversary of the Ferrari 250 GTO. The 250 GTO was first tested on December 5, 1961, and in 1962 and '63 there were 25 events that counted toward the Manufacturers World Championship. Ferrari GTOs dominated the series, winning the GT class 20 times and finishing second four times. The reputation of the 250 GTO is certainly well-deserved. Twenty-two of the approximately 33 remaining examples were presented, and fit- tingly, the Scaglietti Berlinetta that was the first GTO built and that graced the Tour d'Elegance poster, and that is owned by Scuderia DiBari, of Honesdale, PA, was selected as the class winner. In 1911, Henry Stutz completed his first car and immediately entered it in the Indianapolis 500, where it finished a respectable eleventh — and spawned the slogan “The car that made good in a day.” Stutz cars were presented in three classes, including a special class of nine DV-32s. They were the first production car to employ a dual-valve and double-overhead cam shaft and were guaranteed to do at least 100 mph. Selected at the top of the DV-32 class was a 1933 Waterhouse Convertible Victoria owned by Jim Schneck of Manitowoc, WI. The car was one of the final Stutz cars built, as only about 100 were built in 1933 and just six in the final year of production. The Best of Show is selected from the class winners and is voted on by the honorary and chief class judges. The European Classic classes are closely watched as the Best in Show frequently is selected from one of the winners. This year was no exception, as the 1934 Voisin C25 owned by SCMers Peter and Merle Mullin was selected with great fanfare. The car was a stunning example, with a striking interior that complimented the Art Deco styling. The Pebble Beach Concours d'Elegance has donated millions of dollars to local charities and funds the Pebble Beach Company Foundation Phil Hill Scholarships, which help young people learn how to preserve and restore historic automobiles. This investment in the future helps ensure that future generations will continue to enjoy the elegant styling and historical significance of the automobiles presented at one of the world's most dramatic settings. ♦ Plan ahead: August 19, 2012 Where: Pebble Beach, CA Cost: $175 (in 2011) More: www.pebblebeachconcours.net Sports Car Market Photo by Tony Piff

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SCMers at Pebble Beach Academy of Art University—San Francisco, CA 1929 Stutz M LeBaron Tourer 1933 Stutz DV-32 LeBaron Phaeton Paul E. Andrews Jr.—Fort Worth, TX 1938 Packard 1601 Eight Graber Cabriolet, 1st in Class 1954 Ferrari 375 MM Pininfarina Berlinetta Rich Atwell—Fredericksburg, TX 1929 Minerva Type AM Murphy Convertible Sedan, 3rd in Class 1953 Lincoln Capri Derham Coupe Lawrence Auriana—Stamford, CT 1978 Ducati 900 NCR, 3rd in Class Barber Vintage Motorsports Museum —Leeds, AL 1956 MV Agusta 500 Grand Prix 1964 Ferrari 158 F1 Race Car Aldo & John Bertolotti—Los Gatos, CA 1913 Stutz Series B Four Passenger Touring 1923 Stutz KLDH Bearcat Stephen F. Brauer—St. Louis, MO 1969 Mercedes-Benz 600 Presidential Landaulet, 3rd in Class John & Sonia Breslow—Scottsdale, AZ 1938 Moto Guzzi GTV 500 Peter & Robin Briggs—City Beach, Western Australia 1946 Allard J1 Competition Whittingham & Mitchell Open Sports Sandra & Martin Button—Carmel, CA 1886 Benz Patent Motor Wagen Replica The Cantore Family—Oak Brooks, IL 1936 Mercedes-Benz 290 Cabriolet A Bernard J. & Joan T. Carl—Washington, DC 1962 Ferrari 250 GTO Scaglietti Berlinetta Stu Carpenter—Needham, MA 1962 Mercedes-Benz 300SL Roadster Cavallino Holdings—Seattle, WA 1964 Ferrari 250 GTO/64 Scaglietti Berlinetta Don & Terry Connolly—Aptos, CA 1937 Packard 1507 Twelve Sport Phaeton William E. “Chip” Connor—Hong Kong 1963 Ferrari 250 GTO Scaglietti Berlinetta Patrick Craig & Buck Kamphausen —Stockton, CA 1916 Winton Model 33 Touring, 1st in Class Chris & Ann Cox—Chapel Hill, NC 1962 Ferrari 250 GTO Scaglietti Berlinetta Jan De Reu—Kaprijke, Belgium 1953 Fiat 8V Ghia Supersonic Stephen Dean—Clovis, CA 1931 Stutz MB LeBaron Convertible Sedan 1932 Stutz DV-32 Chassis Lammot J. du Pont—McLean, VA 1929 duPont Model G Merrimac Club Sedan, 1st in Class 1959 Ferrari 250 Series 1 Pininfarina Cabriolet Speciale Jonathon Feiber & Heather Buhr —Atherton, CA 1914 Packard 3-48 Seven Passenger Touring 1914 Rolls-Royce Silver Ghost Alpine Eagle Portholme Torpedo Michael & Wendy Fairbairn —Chatham, ON, Canada 1933 Cadillac 452C Fleetwood Imperial Sedan, 2nd in Class November 2011 Peter Hageman—Kirkland, WA 1966 Ducati 250 Sport Corsa Lee & Joan Herrington—Bow, NH 1957 Ferrari 250 GT Pininfarina Prince Bernhard Berlinetta Speciale, 1st in Class Roger Hoffmann—Point Reyes Station, CA 1965 AC Cobra 289 Mk II Roadster, FIVA Post-War Award; 3rd in Class Barry G. Hon—Dana Point, CA 1938 Alfa Romeo 6C 2300 Touring Coupe Derek Hood—Maldon, England 1932 Rolls-Royce Phantom II Continental Windovers Coupe Gary & Sheryl Hunter—Arcadia, CA 1923 Rolls-Royce Silver Ghost Oxford Tourer Mark & Kim Hyman—St. Louis, MO 1954 Hudson Italia Touring Coupe, 2nd in Class Indianapolis Motor Speedway Foundation— Indianapolis, IN 1908 Mercedes 150-hp Race Car 1911 Mercedes 40-hp Seven Passenger Touring B. Scott Isquick—Pepper Pike, OH 1911 Mercedes 50-hp Maythorn Five Passenger Tourer, 3rd in Class The Hon. Sir Michael Kadoorie —Central, Hong Kong 1955 Lancia Aurelia B24S Pininfarina Spider, 2nd in Class Arturo & Deborah Keller—Petaluma, CA 1908 Benz Grand Prix 1922 Mercedes 28/95hp Targa Florio Race Car, 2nd in Class 1927 Mercedes-Benz S Rennwagon Kemp Auto Museum—Chesterfield, MO 1931 Mercedes-Benz 370 S Mannheim Cabriolet Knox Kershaw—Montgomery, AL 1932 Ford Model 18 Carlton Cabriolet, 3rd in Class Dr. Charles B. Key—Dallas, TX 1933 Stutz DV-32 LeBaron Roadster Scott & Joanie Kriens—Saratoga, CA 1934 Duesenberg Model J Murphy Convertible Coupe Robert M. Lee—Sparks, NV 1907 Rolls-Royce Silver Ghost Barker Seven Passenger Tourer, Montagu of Beaulieu Trophy 1907 Rolls-Royce Silver Ghost Seven Passenger Tourer 1912 Rolls-Royce Silver Ghost Labourdette Torpedo Jay Leno—Burbank, CA 1918 Stutz Bearcat Stan Lucas—Long Beach, CA 1913 Stutz Series B Bearcat Richard & Melanie Lunquist—Palos Verdes Estates, CA 1937 Mercedes-Benz 540K Special Roadster, Most Elegant Convertible Trophy; 1st in Class Sam & Emily Mann—Englewood, NJ 1912 Hispano-Suiza 15/45hp Alfonso XIII Jaquot Torpédo, Alec Ulmann Trophy; 2nd in Class J. W. Marriott Jr.—Bethesda, MD 1937 Talbot-Lago T150-SS Figoni & Falaschi Coupe, Most Elegant Closed Car Trophy Bruce & Jolene McCaw—Bellevue, WA 1904 Mercedes 28/32hp Rear Entrance Tonneau 1914 Stutz Series E Bearcat, 2nd in Class 1961 Ferrari 250 GT Sperimentale Pininfarina Coupe James & Sandra McNeil—Bayport, NY 1962 Ferrari 250 GTO Scaglietti Berlinetta Bruce Meyer—Beverly Hills, CA 1956 Mercedes-Benz 300SC Cabriolet, 2nd in Class Mark Miller—Los Altos, CA 1961 Jaguar XKE 3.8-liter Fixed Head Coupe Dan, Cathy, & Peyton Mouton—Beaumont, TX 1932 Rolls-Royce Phantom II Brewster Croydon, 3rd in Class John & Heather Mozart—Palo Alto, CA 1952 Cadillac Special Roadster 1962 Ferrari 250 GTO Scaglietti Berlinetta John & Linda Muckel —Rancho Palos Verdes, CA 1931 Packard 845 Deluxe Eight Waterhouse Convertible Victoria, 3rd in Class Peter & Merle Mullin—Los Angeles, CA 1934 Voisin C25 Aerodyne, Best of Show; The French Cup; 1st in Class Charles E. Nearburg—Dallas, TX 1962 Ferrari 250 GTO Scaglietti Berlinetta, 3rd in Class; Enzo Ferrari Trophy The Off Bros. Collection—Richland, MI 1938 Bugatti Type 57C Gangloff Cabriolet, Elegance in Motion Trophy; 3rd in Class John Parham—Anamosa, IA 1956 Ferrari Sport 1956 Maserati 160 T4 LV SS0 Sport, 2nd in Class 1957 Aermacchi Chimera, 1st in Class Robert M. Pass—St. Louis, MO 1950 Talbot-Lago T26 Saoutchik Grand Sport Coupe Bill Pope—Scottsdale, AZ 1939 Bugatti Type 57 Galibier Sports Saloon 1952 Lancia Aurelia PF200 Pininfarina Convertible Tom & Gwen Price—Larkspur, CA 1926 Renault 40CV Labourdette Skiff 1963 Ferrari 250 GTO Scaglietti Berlinetta Ron Rezek—Ashland, OR 1937 Lagonda LG45 Rapide John W. Rich Sr. & Jr.—Pottsville, PA 1928 Mercedes-Benz S Murphy Speedster, Most Elegant Open Car Trophy; 1st in Class Gary Schaevitz—Bedford Corners, NY 1972 Ferrari 365 GTB/4 Scaglietti Daytona Spyder Ed & Judy Schoenthaler—Oak Brooks, IL 1931 Cord L-29 Phaeton Sedan Jonathon & Wendy Segal—San Diego, CA 1956 Maserati A6G Allemano Coupe, 1st in Class Patti & Jim Shacklett—Philadelphia, PA 1957 Mercedes-Benz 300SL Gullwing Jon Shirley—Medina, WA 1962 Ferrari 250 GTO Scaglietti Berlinetta Tony Shooshani—Beverly Hills, CA 1963 Mercedes-Benz 300SL Roadster 63 Daniel Sielecki—Capital, Argentina 1929 Bentley Speed Six Gurney Nutting Fixed Head Coupe, Best of Show Nominee; 1st in Class; Road and Track Trophy Simeone Foundation—Philadelphia, PA 1929 Stutz M Weymann LeMans Tourer Andy & Cherie Simo—Riverside, IL 1930 Stutz SV-16 Weymann Monte Carlo 1933 Stutz DV-32 Rollston Convertible Victoria Emmet Smith—Hobe Sound, FL 1959 Aston Martin DB Mk III Tickford Drophead coupe Steve & Michelle Snyder—Orange, CA 1931 Lincoln K Willoughby Brougham Frank & Beverly Spellman—Chevy Chase, MD 1963 Mercedes-Benz 300SL Roadster, 3rd in Class Chuck & Amy Spielman—La Jolla, CA 1934 Cadillac 452D Fleetwood Convertible Sedan John L. Stein—Santa Barbara, CA 1972 Ducati 750 Imola Factory Racer Richard Stephens—Auburn, CA 1938 Talbot-Lago T150-C Figoni & Falaschi Coupe, Best of Show Nominee; 1st in Class Charles & Carol Swimmer—San Diego, CA 1952 Ferrari 342 America Pininfarina Coupe Speciale Jim Utaski—Skillman, NJ 1955 Siata 208S Motto Spyder, Art Center College of Design Award; 1st in Class Frans van Haren & Roos van Os —Druten, The Netherlands 1928 Mercedes-Benz 710 SS Tourenwagen 1938 Mercedes-Benz 540K Special Roadster, 2nd in Class Carlo Vögele—Rapperswil, Switzerland 1963 Ferrari 250/330 GTO Scaglietti Berlinetta Timothy Walker—Pasadena, CA 1932 Lancia Dilambda Viotti Phaeton, 3rd in Class Rob & Melanie Walton—Scottsdale, AZ 1962 Ferrari 250 GTO Scaglietti Berlinetta Charles T. Wegner—West Chicago, IL 1966 Ferrari 275 GTB/C Coupe Gregory Whitten—Bellevue, WA 1962 Ferrari 250 GTO/64 Scaglietti Berlinetta Roger Willbanks—Denver, CO 1933 Packard 1006 Custom Twelve Dietrich Convertible Sedan Don Williams—Danville, CA 1929 Mercedes-Benz S Tourer 1936 Mercedes-Benz 540K Mayfair Special Roadster Newt & Ginni Withers—Anaheim, CA 1933 Packard 1005 Twelve Dietrich Convertible Victoria Harry Yeaggy—Cincinnati, OH 1934 Packard 1106 Twelve LeBaron Runabout Art Zafiropoulo—Atherton, CA 1952 Ferrari 342/375 America Pininfarina Cabriolet ♦

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MONTEREY RECAP LEGENDS OF THE AUTOBAHN Where Else Can You Get Top Quality for Free? The sound of a giant, purring tiger poured out of the Z8's exhaust pipes, and onlookers gave the car a standing ovation by Chester Allen joined this year's concours to see lots of cars and show off his 1957 Mercedes-Benz 300SL Roadster. Clark's wife, Sonoma, spotted a “nice Mercedes-Benz roadster” a few years ago, and she told him to buy one just like it. But she didn't know the model. After an online search, Clark found a photo of a 300SL Roadster. “That's the one,” Sonoma said. “I told her that it was an expensive car, but we got one,” Clark said with the air of man who knows he married the right woman. Clark kept spraying and wiping as he talked, but he said he wasn't worried about winning any prizes. Then the judges arrived. “They want to see the spare tire,” Sonoma told Clark. “I hope you spent some time cleaning it.” Clark grinned and opened the trunk. SCMer Andrew McPherson ar- Will Clark (in straw hat) with his 1957 Mercedes-Benz 300SL Roadster I t's rare to get something great for free. It's even rarer to get anything for free during Monterey Car Week. But the second annual Legends of the Autobahn brought dozens of top-notch German cars to the Rancho Canada Golf Club for free on Friday, August 19 — the very same day that people forked over $400 to attend The Quail just a few miles up the Carmel Valley and $125 to get into Concorso Italiano. You don't need Bob Barker to tell you the price is indeed right for one of the most charming events of the week. Sure, you don't get a fancy free lunch, fine wine or a chance to see rows of late-model Lamborghini or Ferrari supercars. Then again, the gearheads at Legends were more than happy with simple grilled fare, good beer and German cars, including Mercedes-Benz 300SLs, BMW 327s and a bunch of Porsche 356s and 911s. SCMer Carl Nelson drove his 1972 BMW 3.0 CSL up from San Diego to enjoy the company of great German cars and car people. “I love this old car,” he said as admirers snapped photos. Nearby, Art Gabriel of San Jose, CA, put a shine on his 1973 BMW 2002, which he has owned since it was brand new. “It was my daily driver for four years, and it has 400,000 miles,” Gabriel said. “I was about to sell it in early 2000, but I decided to restore it instead, and now my son wants it.” Legends is just three years old, but it's a labor of love for BMW, Mercedes-Benz and Porsche fans, said Frank Patek, executive director of the BMW Car Club of America. “We keep improving every year,” Patek said as he eyed the high-tech, carbon fiber body of the BMW 328 Hommage concept car parked nearby. “The price is low — free — we're in a nice setting, there are lots of great cars, and, hopefully, Audi will join us next year.” Will Clark of King City, CA, Plan ahead: August 17, 2012 Where: Rancho Canada Golf Club, Carmel Valley, CA Cost: $25 to show a car, free admission to all More: www.legendsoftheautobahn.org 64 Art Gabriel (left) rubs down his 1973 BMW 2002 Sports Car Market rived in a beautiful 2002 BMW Z8 but didn't bother to clean the grass blades off the tires. He told the judges that the sound of his exhaust should cancel out any grass on the tires. “Light it up,” the judge said. The sound of a giant, purring tiger poured out of the Z8's exhaust pipes, and onlookers gave the car a standing ovation. The judge marked his sheet and smiled. More people walked onto the fairways to look, kick tires and talk cars. Many of them had the slightly dazed smile that gearheads get when they don't have to reach for $100 bills during Monterey Car Week. A Porsche rumbled to life a short distance away, the heady scent of hot charcoal filled the air and Legends of the Autobahn kept building a reputation as the best deal of Monterey Car Week. ♦

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MONTEREY RECAP ROLEX MONTEREY MOTORSPORTS REUNION Vintage Metal in Motion Ferrari 250 GTOs bomb the Corkscrew and rip the straight by Jim Pickering A 250 GTO chases down a 250 SWB at Mazda Laguna Seca Raceway T he Pebble Beach, Carmel and Monterey concours and shows draw some of the rarest and most expensive cars in the world out of their garages each year. But with the exception of road tours associated with Pebble Beach and The Quail, most of the hot cars at these events are cold, quiet and static as subtle jazz wafts over glossy paintwork, shiny engines and untouched leather posed on a golf course. Seeing vintage metal in motion during Monterey Car Week requires heading out to Mazda Laguna Seca Raceway, where for 38 years, racers have congregated for some of the most exclusive and heart-pounding wheel-to-wheel action in the classic-car world. The Rolex Monterey Motorsports Reunion, now in its second year under its new name, accepted 550 of more than 800 hopeful vintage racers. The cars were selected for provenance and historical significance. Some of the special race cars in attendance included a wide variety of vintage Jaguars, which were there to celebrate the 50th anniversary of the E-type. SCMer-owned cars included Peter Mullin's 1938 Talbot T26SS, Bruce McCaw's 1961 Ferrari 250 GT Sperimentale, Bruce Canepa's 1979 Porsche 935, and Chip Connor's 1964 Shelby American FIA Cobra, among many others. The Pebble Beach Concours d'Elegance featured the Ferrari 250 GTO this year, and eight of the ultra-rare cars showed up at the track, where they bombed through the Corkscrew and stormed the straight at more than 100 mph. The SCM crew was lucky enough to arrive on site just as these cars lined up for action on Saturday. Later 66 in the day, we wandered the pits to see mechanics busy working on cars with hoods up and wheels removed — not the sort of thing you'd see at any concours or auction. The cackling of slingshot dragsters and the screaming pipes of vintage Can-Am racers were another reminder of what Monterey Car Week is really all about. And between all the sights, sounds and smells of the track, SCM staffers had the opportunity to chat with our subscribers at the booth, which for us is always the best part of the trip — especially if we have to shout over the roar of vintage cars at speed. ♦ Ferrari 250 GT/L Lusso racer Sports Car Market

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MONTEREY RECAP OUT AND ABOUT BMW Isetta (unlike SCM's, this one was driving) — spotted in downtown Carmel Alfa Romeo GTV (front plate reads 1750 MI) — spotted in the Embassy Suites parking lot in Salinas Renault R5 Turbo 2 — spotted in downtown Carmel Car Spotting on the peninsula Lancia B Scorpion — spotted at Mazda Raceway Laguna Seca Datsun 510 — spotted in The Quail parking lot Plymouth Suburban — spotted outside the Gooding & Company Pebble Beach tent AMC Gremlin — spotted in the parking lot at the Pebble Beach Concours d'Elegance 68 Jaguar XK-120 — spotted in the parking lot at Mazda Raceway Laguna Seca Sports Car Market

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Mini Moke pit car — spotted in downtown Monterey Fiat 500L — spotted in downtown Monterey Some of the most interesting vehicles in Monterey aren't in a concours, rally or auction — they're tooling around town In between the concours, shows, cruise-ins and races, the public roads and parking lots throughout the Monterey Peninsula teem with remarkable rides during Car Week. By week's end, our necks were sore and stiff from all the head-turning. Here is a sampling of what we saw. — Tony Piff Alfa Romeo Giulietta — spotted in the Embassy Suites parking lot in Salinas Lancia Aurelia B20 GT — spotted in the Embassy Suites parking lot in Salinas (I wanted to keep this car — TP) Maserati 3500 GT Superleggera — spotted in the Embassy Suites parking lot in Salinas Ferrari 275 GTB — spotted in The Quail parking lot November 2011 Real or Memorex? Two Shelbys at the Embassy Suites 69

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MONTEREY RECAP INSIDER THOUGHTS SCM's Highs, Lows and Gossip “At one point I was in front of one GTO and behind another. I was the meat in a $50m sandwich” John L. Stein SCM Contributor Car I lusted for: Pick a 250 GTO, any 250 GTO. If this lineup of 22 of Maranello's best at Pebble Beach didn't get your pulse quickening, you didn't have one. But among them, I'd give the nod to Charlie Nearburg's, which took third place in class. That's because the owner was kind enough to let me cross the white chain and study the car up close. Standing behind it, one could imagine trailing that exquisite shape down the Mulsanne at Le Mans in 1962. At night. In the rain. With no earplugs. Nothing, short of launching into space in the Apollo 11 capsule, could possibly compare. Car I'd kick to the curb: The egregiously fake Cobra 427 replica seen in the transporter parking area at Pebble Beach. With its body fouled by air dams and its fender curves distorted as if jacked up on steroids, this hideous beast was truly the Ugly American on wheels. Since there was no curb to kick this one to, I'd settle for digging a deep ditch and driving it straight in. Burying it with the engine still running would be especially satisfying. High point: The sheer volume of spectators along the Pebble Beach Tour d'Elegance route, in Carmel during the Tour's lunch stop, and again at Dawn Patrol as vehicles made their way onto the lawn at Pebble Beach. This is far more than just a parade of nice old cars — it's a happening. As one of my motorcycles was in the concours this year, I realized this is likely the only time I'll experience these events as an entrant, and so I enjoyed every moment of the weekend all the more. Low point: Late Sunday afternoon, while segueing from the utopia of Stillwater Cove at Pebble Beach into the gritty reality of Nissan Sentras and jacked-up pickups on Highway 101. In mere minutes, you slide from a fairytale dream back into a life you know as all too real. Also, the brusque and indifferent traffic routing personnel at Laguna Seca Raceway were most unwelcoming, and they couldn't be reasoned with. Objects of lust: Ferrari GTOs lined up at Pebble Beach Insider tip: If you are looking for an investment upside, buy the best of the best. It will appreciate more when times are good, and retain its value better than more common vehicles when times are tough. No better proof is the ascent of premium car values this year, while more common vehicles are still suffering. When people of substantial means invest, they are not interested a whit in the low-hanging fruit. If you can't afford the best of the best, form a partnership so that you can. Stars and Stripes forever: L88 ZL-1 at RM's auction 70 Sports Car Market

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Jim Pickering SCM Managing Editor Car I lusted for: The BFG Stars and Stripes Corvette L88 ZL-1 at RM. Great sound, 750 horsepower, and it went 215 mph down the Mulsanne Straight at Le Mans in 1973. It doesn't get burlier than that. Car I'd kick to the curb: The SCM Isetta. It was all smiles and waves in Monterey until the tiny clutch gave up. It failed to proceed after a grand total of about four miles. High point: Showing up at Laguna Seca just as eight Ferrari 250 GTOs were howling out onto the track. Where else but in Monterey? Low point: Driving all the way from Salinas to the Pebble Beach Concours d'Elegance at 4:30 am Sunday for Dawn Patrol without the parking pass. Oops. Overheard: SCM contributor John L. Stein, on riding his vintage Ducati in the Pebble Beach Tour: “At one point I was in front of one GTO and behind another. I was the meat in a $50m sandwich.” Tom Mann SCM Senior Advertising Account Executive Car I lusted for: Dinos. There is just something about them. I could not get them off my mind all week. Car I'd kick to the curb: SCM's gimpy Isetta and the Lamborghini Gallardo Spyder that found its way into the sand trap at Concorso Italiano. I'm not sure which one I detest the most, but it's a tight race. High point: Meeting Sir Mix-ALot at Concorso. Low point: Realizing I had made it back to SCM's Monterey Headquarters without the nightly tacos for the editorial staff. Overheard: Lamborghini is starting a new Golf Cart division…. Chad Tyson SCM Data Analyst Car I lusted for: The 1932 FordEdelbrock Special Hi-Boy roadster at RM. More than 400 pieces of memorabilia accompanied the car, from trophies and press clippings to extra parts. And there were two guys sitting a desk near it willing to talk your ear off November 2011 about it. Car I'd kick to the curb: It may be a bit played out to mention SCM's broken Isetta, so I'll go with our 2002 Suburban. I know it got us there and back safely and relatively comfortably, but it was a royal pain waiting an hour and a half for a trickle charger to juice up the discharged battery enough so we could start it and leave for Portland. Maybe we shouldn't have left the dome light on while we were loading it. High point: Arriving at Laguna Seca as the 250 GTOs were racing around and leaving as the Trans Am racers were roaring by. Seeing the Smokey Yunick Number 13 Camaro almost brought tears to my eyes, but that could have been from the exhaust fumes as top-fuel dragsters fired up near our booth. Low point: I come from a town of 63,000 people, and even Portland's traffic isn't terrible, but that many people in the restricted Monterey Peninsula at the same time makes for unpleasant drives when you're in a hurry. Overheard: “It's like Playboy when I was 18,” said an SCMer about our magazine when he stopped by our booth at The Quail. Chester Allen SCM Executive Editor Car I lusted for: SCMer Sal Zammitti's immaculate 1972 246 GT Dino at Concorso Italiano, but he's not selling — ever. Car I'd kick to the curb: The Lamborghini that got stuck in a sand trap at Concorso Italiano. This car needed a good kick to get out of that spot. High point: Seeing, hearing and feeling Ferrari 250 GTOs shriek Plus, they'll throw in more than 400 pieces of memorabilia around Laguna Seca during the Rolex Monterey Motorsports Reunion. Seeing these cars parked on the 18th Fairway at Pebble Beach is like seeing tigers at the zoo, but seeing them on the track is like seeing tigers in the jungle. Low point: Paying $10 for a really crummy hot dog at Pebble Beach. I was starving, but I should have stopped at Phat Burger in Monterey on my way. Overheard: An onlooker said, “God, I wish I were a little bit richer,” while he watched the 1957 Ferrari 250 Testa Rossa sell for $16.4m at the Gooding & Company auction at Pebble Beach. Tony Piff SCM Auctions Editor Car I lusted for: The 1953 Fiat 8V Ghia Supersonic, shown at Pebble Beach in Postwar Preservation class — and our April 2011 cover car. I saw it sell for $1.7m in non-running condition at Gooding's Scottsdale sale in January and was delighted to see it drive onto the concours lawn Sunday morning. Car I'd kick to the curb: The new Delahaye USA Bella Figura Type 57S Coupe on promotional display at The Quail. To each his own, but I didn't like the Zimmer, and I don't like this. High point: Dawn patrol. Doughnuts, coffee, sunrise, peoplewatching, and chatting with enthusiastic SCMers at Pebble Beach. Low point: The grumpy 250 GTO owner who made me feel like an idiot for asking about his car. Overheard: As the line of cars fired up to begin the Tour d'Elegance on Thursday morning, an onlooker with a silver beard and braided rat tail made eye contact with me. He said wistfully, “It smells so good to smell that leaded gas again. That new stuff just doesn't smell so good.” Ryan Brinkley SCM Operations Manager Car I lusted for: The 1962 Ferrari 250 GT SWB Berlinetta that crossed the block at Gooding. Silver, sexy and perfect. Car I'd kick to the curb: The Tesla roadster that nearly ran me over in Carmel. Didn't hear the thing; those cars are sneaky quiet. High point: The SCM Insider's Seminar was the high point of the week for me. The space at Gooding worked well, the turnout was great and the speakers were informative. All in all, it was a great chance to meet SCMers and talk cars. Low point: I didn't get a chance to see as much as I would have liked at Concorso Italiano. Overheard at Concorso Italiano: Q: “Where are you from?” SCM's Isetta: Kick it to the curb (because it can't get there on its own) A: “Me? I'm an original ‘Hillbilly.' Beverly Hills, that is.” ♦ 71

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Market Reports Overview Monterey Auctions Soar to $198m Blue-chip cars brought record-breaking results, while the rest of the market held steady by Jim Pickering The 1931 Duesenberg Model J “Whittell” coupe, now the highest-selling American car at auction M onterey is unlike anything else on the automotive calendar, with concours, rallies, car shows, vintage races and auctions all taking place during one jam-packed week of automotive opulence. But for collectors, the week is all about the auctions, and this year did not disappoint, with the final numbers showing a grand total of $198,399,797 generated from 919 of 1,425 cars and motorcycles — a 15% improvement over last year's record-breaking $172m total. Last year, we noted that the increase in final totals represented growing interest in blue-chip collectibles as investments, rather than a reflection of vibrant growth from each sector of the market. This year's results showed the same trend, only on a much larger scale. More high-end cars were available, and a number of those cars set world-record prices, while more mundane offerings generally saw conservative bidding. Simply put, the results suggest a split market — lower-grade cars continued to achieve decent prices, while the best cars saw increased interest as solid investments from both inside and outside the collector-car community. RM Auctions led the charge as the highest-grossing auction of the week, selling 123 of 144 lots for a total of $78,192,700 (RM released a final figure of $80,142,000 with the addition of several confidential post-block sales — they are not included in SCM's report). Senior Auction Analyst Carl Bomstead noted 14 million-dollar sales here, including a 1937 Mercedes-Benz 540K Special Roadster that was the high sale at $9.7m. RM also set the record for highest-grossing sale day in history, with the Saturday auction totaling $60.5m. Some of the biggest news of the Monterey auctions came from Gooding & Company, which broke two world records: the 1957 Ferrari Testa Rossa prototype became the new highest seller at auction when it brought $16.4m, outdoing the previous record holder — another 250 TR sold by RM in Maranello for $12.4m in 2009. And the 1931 Duesenberg Model J “Whittell” coupe took the top spot as the highest-selling American car at auction when it sold for $10.3m. Overall, Auction Analyst John L. Stein reported $78,175,300 in totals from 106 of 126 cars — a 21% improvement over 2010. Mecum's third annual Monterey event generated $22,195,692 from 443 of 707 cars and motorcycles, up from last year's $14.4m from 199 of 420 lots. Auction Analyst Michael Leven noted a wide-ranging group of consignments this year, ranging from hot rods and customs through a selection of heavy metal and high-end European rac- 74 ers. A 1931 Miller Indy car became the high sale of the auction at $2.1m, but with an average sale price of just over $50k, it's clear Mecum had a strong hold on the affordable side of the Monterey auction week. Bonhams' Quail Lodge sale featured fewer headlin- ing blue-chip cars than in years past, and Contributing Editor Donald Osborne reported that it was tough sledding, with totals dropping to $10,661,510 from $18.6m last year. The high sale was the auction's only million-dollar sale — a 1957 BMW 507 convertible at $1m. Other stars of the sale included a BMW M1 Pro Car painted to a Frank Stella design. It realized $854k, or about four times the current value of a stock example. At Russo and Steele, by the time the last car crossed the block, a total of $8,507,336 was achieved from 144 of 222 lots — an improvement over 2010's $8m, but not the stunning increase seen elsewhere in town. As was the case at Bonhams, there were fewer top-level bluechip cars here, and the increase seen was a reflection of the current market for more affordable cars. Auction Analyst Ray Nierlich noted that only the best cars here saw significant prices, including this year's high sale — a 1966 Ferrari 275 GTS that made $654,500. Motorcycles are gaining traction in the market, and MidAmerica's annual Motorcycle Marketplace sold 40 of 87 bikes for $848,710. This was not an improvement over the $868k achieved in 2010, but the decrease can be chalked up to a simple case of supply outstretching demand — there were 148 more bikes available among all the Monterey auctions this year. Finally, if you like to mix business with pleasure, Geoff Archer and Chad Tyson have just the cars for you in this month's report on recent eBay Motors sales. ♦ Sports Car Market Tony Piff

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Sales Totals $70m $60m $50m $40m $30m $20m $10m 1937 Bugatti Type 57SC Atalante $7,920,000 Gooding & Company 2009 Bonhams & Butterfields RMAuctions Russo and Steele Gooding & Company Mecum Auctions 2007 Yearly Sold / Offered Summary 2008 2009 RM 178 / 192 (93%) $46,754,350 Bonhams 67 / 96 (70%) $8,109,445 Russo and Steele 99 / 161 (61%) $10,034,530 Gooding 122 / 134 (91%) $61,350,250 Mecum MidAmerica — — 147 / 172 (85%) $44,093,450 44 / 77 (57%) $21,004,800 72 / 152 (47%) $9,107,875 115 / 141 (82%) $64,790,300 — — 206 / 239 (86%) $35,522,600 62 / 102 (61%) $14,284,288 60 / 112 (54%) $4,973,565 128 / 159 (81%) $50,753,850 105 / 224 (47%) $14,249,725 27 / 83 (33%) $547,562 $134,839,073 $138,996,425 $120,331,590 2011 2010 2009 2008 2007 1959 Ferrari 250 GT LWB California Competizione spyder $4,950,000 RM Auctions 2008 Top Sales by Year 2007 2010 209 / 224 (93%) $66,886,000 79 / 102 (77%) $18,029,330 99 / 251 (39%) $8,054,975 105 / 137 (77%) $64,564,750 199 / 420 (47%) $14,403,517 37 / 93 (40%) $868,573 $172,989,695 2011 123 / 144 (85%) $78,192,700 65 / 128 (51%) $10,661,510 144 / 222 (65%) $8,507,336 106 / 126 (84%) $78,175,300 443 / 707 (63%) $22,195,692 40 / 87 (46%) $848,710 Total Sold / Offered 519 / 692 (75%) 378 / 542 (70%) 588 / 919 (64%) 730 / 1231 (59%) 919 / 1425 (64%) Total Sales $198,399,797 Top 10 Sales This Issue (Land Auctions Only) 1. 1957 Ferrari 250 Testa Rossa racer, $16,390,000—G&C, p.98 2. 1931 Duesenberg Model J Long-Wheelbase coupe, $10,340,000—G&C, p.100 3. 1937 Mercedes-Benz 540K Special roadster, $9,680,000—RM, p.80 4. 1960 Ferrari 250 GT SWB Competizione coupe, $5,280,000—RM, p.84 5. 1927 Mercedes-Benz S-Type 26/180 Sportwagen open tourer, $5,040,000—G&C., p.94 6. 1939 Mercedes-Benz 540K Special roadster, $4,620,000—RM, p.80 7. 1935 Mercedes-Benz 500K roadster, $3,767,500—RM, p.80 8. 1952 Ferrari 340 Mexico coupe, $3,685,000—RM, p.82 9. 1959 Ferrari 250 GT LWB California Spyder, $3,355,000—G&C, p.98 10. 1936 Mercedes-Benz 540K Special coupe, $3,080,000—RM, p.80 November 2011 1. 1972 Ferrari 356 GBT/4 Daytona Spider Speciale, $1,025,000—G&C, p. 100 2. 1935 Bugatti Type 57 “Grand Raid” roadster, $990,000—RM, p. 78 3. 1972 Chevrolet Corvette 350/255 coupe, $39,600—R&S, p. 136 4. 1934 Packard Super Eight 1194 Tourer, $140,450—Mec, p. 112 5. 1962 Autobianchi Bianchina Panoramica wagon, $14,625—Bon, p. 124 Best Buys 1957 Ferrari 250 Testa Rossa Prototype $16,390,000 Gooding & Company SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 75 1959 Ferrari 250 GT LWB California Competizione spyder $7,260,000 Gooding & Company 2011 1965 Shelby Cobra Daytona coupe $7,685,000 Mecum Auctions 2010

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RM Auctions Monterey, CA Sports & Classics of Monterey Twelve Mercedes were offered and they all greeted new owners, with five selling for more than $1m each Company RM Auctions Date August 19–20, 2011 Location Monterey, CA Auctioneer Max Girardo Automotive lots sold / offered 123/144 Sales rate 85% Sales total $78,192,700 High sale 1937 Mercedes-Benz 540 K Special Roadster, sold at $9,680,000 1937 Mercedes-Benz 540K Special Roadster — high sale Report and photos by Carl Bomstead Market opinions in italics S peculation tends to precede major auction events. In the case of RM's 2011 Monterey event, the pundits were speculating that offering five 540Ks would flood the market and that wild stock market fluctuations would cast a pall over the event. When the dust settled, more than $78m had changed hands (including the Mercedes) compared with “just” $67m in 2010. Oh how wrong those pundits were. Twelve Mercedes were offered and they all greeted new owners, with five selling for more than $1m each. An additional 1924 Mercedes 28/95 broke the million dollar mark. The spectacular 540K Special Roadster that won Best in Show at last year's Amelia Island Concours d'Elegance set a new record for a Mercedes-Benz at auction when it realized $9,680,000. It was just one of 25 540K Special Roadsters produced, and was one of a limited few created in the long-tail style, with a covered spare tire that was recessed into the rear deck. A stunning Mercedes, no doubt, and it was sold by a longtime SCMer for an equally stunning but not unrealistic price. Another record was set when the Porsche 911S that had been delivered new to Steve McQueen for his use during the filming of “Le Mans” hammered sold for $1,375,000, making it the most expensive 911S ever sold at auction. Clearly the King of Cool's association still holds great influence. The car was well-maintained and highly original, with an extensive list of desirable options. The fact that the 911S appears in the first 3 minutes and 76 40 seconds of the movie was just a plus. Who can forget the famous quote by racing driver Michael Delaney, as played by Steve McQueen, “…when you're racing …it's life. Anything before or after… is just waiting.” Equally impressive was the offering of 18 Ferraris, with all but three finding new owners. Six exceeded the magic million-dollar mark. The 1960 250 GT SWB Berlinetta was the highest seller among the group, and for good reason — it finished 3rd overall in its first race, the 1960 100 Kms of Montlhéry with Jo Schlesser and André Simon driving, and went on to compile an impressive list of competitive successes. It was restored in 2008 by the Ferrari factory in Maranello to its original configuration and was fully documented. After much interest on the block, it sold for a final total of $5,280,000. Not all the offerings were six-figure cars. Two American Bantam convertibles crossed the block, with the first, a 1938 model, selling for a most reasonable $19,800. The second was a '41 that brought $27,500. Microcars have an active following — for not a whole lot of money, they offer a lot of smiles per dollar. RM set another record when their Saturday evening session resulted in $60,500,000 in sales — the highest grossing single auction day. RM also celebrated their 200th sale of a milliondollar car with the McQueen 911S. The strong results posted by RM at their 2011 Monterey sale cast a rosy glow over the collector car world, demonstrating that quality, well-documented and properly presented motorcars continue to be positive alternatives to other less-inviting investment opportunities. ♦ Sales Totals $10m $20m $30m $40m $50m $60m $70m $80m 2011 2010 2009 2008 2007 Buyer's premium 10%, included in sold prices Sports Car Market Tony Piff

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RM Auctions Monterey, CA ENGLISH #235-1938 JAGUAR SS 100 roadster. S/N 39048. Eng. # M549E. Blue/red leather. RHD. Odo: 3,193 km. Recent restoration to a high standard. Dual rear spares, correct wire mesh headlamp guards. Numbers-matching engine, Jaguar Daimler Heritage Trust Certificate. Welcome at most any event. Said to be one of 118 3.5-liter SS 100s produced. Cond: 1-. stately. Cond: 2+. SOLD AT $412,500. Sold at Bonhams' December 2007 sale for $818,500, where it was described as “expensive” (SCM# 48070). Little did they know at the time just how expensive it was going to be. BEST BUY SOLD AT $687,500. Sold last year at Gooding's 2010 Pebble Beach sale for $368,500 (SCM# 165759). Reported to be in rather tattered condition and presented in a tired white livery. Seller put perhaps $150k into new paint, interior, and mechanical work, to turn a tidy profit. On the other hand, the buyer has a fresh and well documented SS 100 at a reasonable price. #230-1938 LAGONDA LG6 RAPIDE drophead coupe. S/N 12372. Teal/tan fabric/pigskin leather. RHD. Odo: 51,638 km. Presented at 1940 New York Auto Show. Acquired by Skip Barber in 2007 and restored by RM Auto Restoration, winning second in class at Pebble Beach. Attractive and elegant styling with extended teardrop fenders. history combined with stunning design and flawless restoration. One of only two Type 57s bodied by Worblaufen of Switzerland. Cond: 1-. SOLD AT $990,000. An exotic Bugatti T57 that will draw a crowd wherever it goes. Missed the million-dollar club by only ten grand. Could have brought a bit more without question, so well bought. cabriolet. S/N 57569. Eng. # 411. Red & black/black #139-1938 BUGATTI TYPE 57 Stelvio fabric/tan leather. RHD. Odo: Textured pigskin Connolly leather with inlaid wood interior. Appealing styling with beltline extending down into skirts. Cond: 1-. SOLD AT $544,500. A well presented Lagonda that has been properly and correctly restored. Price paid was well under the $650k–$900k estimate, so all things considered, I will call this quite well bought. FRENCH #140-1924 HISPANO-SUIZA H6B Coupe de Ville. S/N 10960. Black & maroon stripe/claret & black stripe fabric. RHD. Odo: 23,882 km. Distinctive coachwork by Saoutchik. Restored by Wilkinson and Sons of Derby. Wonderful interior with ivory door handles and inlaid mahogany. Bleriot headlamps and Grebel spotlight. Cromos twin-tube bumpers pitted. Desmo mirrors. Elegant and 78 sirable T57 chassis. Cond: 2+. SOLD AT $693,000. The American Bugatti Club is very active, so there's a lot the new owner will be able to do with this. The restoration was no longer concours-quality, so use and enjoy before deciding how far to go. Fair transaction for both parties. Sports Car Market 15,449 km. An older restoration that has received recent updating. Leather interior shows well, proper gauges in place. Appealing engineturned firewall. Proper stampings on engine components. Distinctive styling on a very de- model. Cond: 2-. SOLD AT $616,000. Appears with regularity in the SCM database. Not sold at RM's May 2010 Monte Carlo sale with passed bid of $508,875 (SCM# 160368), but did sell at RM's Marshall, TX, sale in 2007 for $990,000 (SCM# 44876). On second attempt to recover, seller decided to minimize his loss and ate a cool quarter of a million. At least the buyer is happy. GERMAN #251-1924 MERCEDES 28/95 Sport pha- eton. S/N 27003. Black & wood/black fabric/brown leather. RHD. Odo: 7,730 km. #220-1935 BUGATTI TYPE 57 “Grand Raid” roadster. S/N 57260. Eng. # 57111. Yellow/brown leather. RHD. Odo: 157 km. Unknown from 1970 until 2000, when it was comprehensively restored. Earned second in class at Pebble Beach in 2005. Engine from chassis 57111. Machineturned firewall and valve covers. Extensive maining example. First owner was the colorful la môme Moineau, who sold flowers to Paris nightclubs prior to being “discovered.” Cond: 3+. NOT SOLD AT $800,000. A striking Delahaye that had the Figoni et Falaschi styling touch. Price bid did not meet the seller's expectations, but to join the million-dollar club, it will need to be a bit fresher. #234-1950 BUGATTI TYPE 101 coupe. S/N 101504. Red & black/red & black leather. RHD. Odo: 11,377 km. An older restoration that is starting to lose its edge. Well preserved and equipped with Cotal pre-select transmission. Interesting ownership history including time spent in the Harrah Collection. Said to be one of six Type 101s produced, the last Bugatti #257-1939 DELAHAYE 135MS “Speciale” cabriolet. S/N 60173. Eng. # 60173. Coral/tan leather. RHD. Odo: 24,364 km. Car restored in late 1980s and used exclusively in Europe. Steering wheel dirty, emblem removed on dash. Flamboyant Figoni et Falaschi styling looks striking but is losing its edge. Has Cotal electromagnetic transmission. Thought to be one of five built and only re

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RM Auctions Monterey, CA Restored in the early 1990s and properly maintained since. One of the last Mercedes produced prior to merger with Benz. Wood body very original and in wonderful condition. Interior well fitted. Distinctive V-raked radiator. Known history from new. Engine based on Daimler's DF80 aircraft design. Cond: 1-. SOLD AT $1,017,500. Sold at Bonhams' 2003 Brookline sale for $226,500 (SCM# 31026). Finished with maroon body at that time. Certainly proved to be a wise investment, as the seller achieved a very nice return. #250-1935 MERCEDES-BENZ 290 Cabriolet D. S/N 104569. Eng. # 104569. Black/black fabric/black leather. Odo: 15,249 km. Impressive, seldom-seen design that has been properly maintained with minor signs of age. Restored in 2000 and displayed at Pebble Beach. Equipped with driving lights, luggage with leather-covered steering wheel and delightful wood trim. Room for one very small person in traverse back seat. Owned by a number of prominent collectors and in Lyon Collection since the late 1990s. Said to be one of only 42 540Ks to receive closed coachwork, with just seven being coupes. Cond: 2. SOLD AT $3,080,000. A rare 540K coupe with matching numbers and good documentation. The older restoration had been well maintained, and the coachwork was absolutely striking. I would have thought it would bring a touch more, but with five to choose from, buyers had to discriminate. #249-1936 MERCEDES-BENZ 540K rack and landau irons. The Cabriolet D is recognizable by its front “suicide” doors and rearopening rear door. Cond: $275,000. A CCCA Full Classic that will attract attention among all the Packards and Lincolns. Price paid was in the expected range. This should make for a delightful tour car. TOP 10 No. 7 #247-1935 MERCEDES-BENZ 500K roadster. S/N 105380. Eng. # 105380. Red/tan fabric/tan leather. Odo: 43,517 The 1935 Berlin Motor Show car, thus the chrome suspension. Mother-of-pearl instru- ment panel and white steering wheel. Correct 500K replacement engine with transmission from another series. From the Lyon Family 2. SOLD AT Sport Cabriolet A. S/N 130945. Eng. # 130945. Black/black fabric/black & red leather. Odo: 4,262 km. Striking coachwork by Sindelfingen. Restored earlier this year and awarded Most Elegant Car at Mar-A-Lago Concours. Recent inspection determined correct engine and transmission in place, as well as numerous correct body-stampings. Stunning interior with black leather seats with red piping. Mother-of-pearl dash. Roots-type super- 4,867 miles. Displayed by Mercedes-Benz at the 1936 Paris Salon. Very original and properly restored, per inspection by Mercedes-Benz Classic experts from Germany. White dash Stone Barn Restorations and collector Sam Mann's in-house shop. Won Best in Show at 2010 Amelia Island. Wonderful ivory dash. Supercharger boosts output by about 60%. Recent inspection by Mercedes-Benz Classic Germany determined transmission not original to car but of correct type. Cond: 1. SOLD AT $9,680,000. A catalog cover car that did not disappoint. Well promoted, properly docu- mented and a solid acquisition in today's uncertain financial world. A record for a Mercedes-Benz at public sale. See profile p. 46. TOP 10 No. 6 #232-1939 MERCEDES-BENZ 540K Special roadster. S/N 408383. Eng. # 408383. Black/black fabric/black leather. Odo: 677 km. Older restoration that has been properly preserved. Discovered in 1967 in the Soviet Union. One-off “Spezial” coachwork. Unusual teardrop fenders and lack- ing running boards. Equipped with desirable 5-speed transmission with overdrive. Supercharger adds 65 hp and a thrilling sound. Cond: 2+. SOLD AT $4,620,000. From the Lyon Collection. A numbers-matching 540K with unique and elegant styling. Sold for strong but not unexpected money. #181-1957 BMW ISETTA 300 cabriolet. Collection. As swoopy as it gets. One of just 29 500Ks bodied with Special Roadster coachwork. Cond: 1-. SOLD AT $3,767,500. This was last seen at RM's 2003 Amelia Island sale, where it was a no-sale at $2,275,000 (SCM# 30570). I have to think expectations were a bit higher eight years later, but the engine and transmission change may have held things back a bit. A spectacular addition to any collection. TOP 10 No. 10 80 #236-1936 MERCEDES-BENZ 540K Special coupe. S/N 130944. Eng. # 130944. Deep red/tan leather. Odo: charger produces an additional 65 hp when accelerator pressed to floor. One of earlier 540Ks with dual spares mounted on trunk. Cond: 1-. SOLD AT $2,970,000. I watched this 540K sell at RM's 2008 Phoenix sale for $2,035,000 (SCM# 48635). Previously it was a no-sale at RM's Monterey 2004 sale, where it was bid to $1,100,000 (SCM# 34846). It was finished in red then. One of the most desirable 540K Sport Cabriolets at an aggressive but realistic price. TOP 10 No. 3 #242-1937 MERCEDES-BENZ 540K Special roadster. S/N 154140. Eng. # 154140. Silver/blue fabric/blue leather. Odo: 62,604 miles. Only 25 long-tail 540K Special roadsters were manufactured, and only a few were produced with the covered spare. This example was restored in late 1990s by Sports Car Market S/N 501957. Sea Foam Green/tan canvas/Cumberland Green & Willow Green vinyl. Odo: 166 miles. Recent restoration to high standard. Over-restored, if anything, with fabric floor mats rather than rubber, and stylish seats. Excellent brightwork. Refrigerator front door. Cute as heck. The unusual cabriolet variant. Built under license by BMW. Cond: 2+. SOLD AT $33,000. These show up at most

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RM Auctions Monterey, CA every major sale, and excellent examples such as this were hitting nearly $50k for a while, but no longer. If you need one, this was the way to buy it, as I'm willing to bet the seller had more than the price bid into this one. Well bought, now go have some fun with it. #219-1957 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980406500214. Eng. # 1989806500178. Black/red leather. Odo: 56,192 miles. One owner for almost 50 years, then restored in 2007 to high standard by RM Auto Restorations with new belly pans. Converted from red with plaid interior to present configuration. Documented low mileage with excellent paint, brightwork and interior. RM Auto Restoration. Properly maintained with attractive finish and brightwork. Interior shows mild patina with cracked shifter knob. Said to be one of only 182 produced in 1962. Equipped with four-wheel factory disc brakes. Fitted luggage and tool roll included. A strong presentation. Cond: 2+. SOLD AT $687,500. For many years the Roadster trailed the older Gullwing by a significant factor, but that gap is narrowing. Quality of restoration and accessories now make the difference. Price paid here was strong compared to last year's market, but we are chasing a moving target. #148-1970 PORSCHE 911S sunroof Lacking luggage and Rudge wheels. Cond: 1-. SOLD AT $836,000. Last sold for $372,600 at Barrett-Jackson's 2006 Scottsdale sale in its previous red-and-plaid livery (SCM# 40426). The beat goes on as these continue to march up the charts. The gold standard of collector cars, and in a few years we will remark that we can remember when we could buy an excellent example for under a million. Price paid here is the new market-correct price, but not for long. #238-1958 BMW 507 roadster. S/N 70192. White/black fabric/red leather. Odo: 47,904 miles. Once owned by “Bond Girl” Ursula Andress and just may have been a gift from Elvis Presley, but there's no proof. Customized by George Barris with Ford 289 and nerf bars. Returned to stock except for bumpers. Only 253 said to be built over a four-year run. coupe. S/N 9110301502. Eng. # 6302094. Slate Gray/black leather. Odo: 112,328 miles. Delivered new to Steve McQueen on the set of “Le Mans” for his personal use. Featured in first three minutes of film. Highly optioned, including air, Comfort Group, muffler apron, front fog lamps and Blaupunkt radio. Has a respray and reupholstered front seats. Original in 1994. Older paintwork cracking and shows signs of age and use. 6C 1750 GTC engine installed in the early 1950s. A total of about 2,579 1750s said to have been built through 1933, very few fifth-series examples fitted with this unique Zagato coachwork. Cond: 3. SOLD AT $935,000. This was last seen at Brooks' Carmel sale in 2000, where it was a no-sale at $380,000 (SCM# 10417). Delightful and rare coachwork with a powerful supercharged engine. Engine swap lost in the shuffle here. TOP 10 No. 8 #237-1952 FERRARI 340 Mexico coupe. S/N 0226AT. Eng. # 0226AT. Red/tan fabric. RHD. Odo: 4,711 km. One of three Ferrari 340 Mexaco Berlinettas constructed. Driven in the 1952 Carrera Panamericana but did not finish. Subsequently driven by Carroll Shelby in an SCCA race in Nebraska. Once owned by Ferrari Club cofounder Larry Nicklin. Restored in 1988 with numerous awards including Best in Class at Pebble Beach. All stampings and numbers verified. Cond: 2-. SOLD AT $3,685,000. Last sold for $1,377,500 at Christie's 1999 Pebble Beach sale, where we called the price “fair” (SCM# 13256). The twin to this car, 0224AT, was driven by Chinetti and Jean Lucas to a 3rd place finish at the same Panamericana race. It was sold by RM at their Amelia Island sale earlier this year for $4,290,000. Based on that sale, I have to call this well bought indeed. drivetrain. Fully documented. SOLD AT $1,375,000. Possibly Cond: 2+. the best- known non-racing 911S. The McQueen factor was in play here as the Midas touch of the “King of Cool” drove a $80k 911S to unimagined heights. The $70k price paid for his Persol sunglasses was silly money, but here you can at least have the gang over and watch “Le Mans” on Blu-ray while you point to your Porsche. See Collecting Thoughts p. 56. Interior as new, body straight and solid. Known history and offered from Lyon Family Collection. Cond: 2. SOLD AT $1,072,500. I think the Ursula Andress and possible Elvis connection gave this a 10% bump, as seven figures is a push for even the best of 507s. Might just be worth it, as the new owner can watch “Dr. No” with a new appreciation. #211-1962 MERCEDES-BENZ 300SL roadster. S/N 19804210003019. Eng. # 19898010003072. Red/tan fabric/tan leather. Odo: 65,566 miles. A matching-numbers example documented in the Gull Wing Group Register, with recent comprehensive service by 82 ITALIAN #241-1932 ALFA ROMEO 6C 1750 Grand Sport roadster. S/N 10814402. Dark blue/red leather. RHD. Odo: 20,231 km. Has a used-and-enjoyed look. Mechanical restoration gine, most rare and very well documented. Last appears in SCM database in 1984, when it sold for $209,444 at SCA in the U.K. (SCM# 5305). Little to compare it to other than a sale in 2007 at Gooding's Pebble Beach sale, where they sold a 375 for $1,155,000. Dramatic changes in the Ferrari market since then make the comparison somewhat irrevelant. In today's world, I feel this sale was fair to both buyer and seller. Sports Car Market #248-1953 FERRARI 375 AMERICA coupe. S/N 0327AL. Eng. # 0327AL. Maroon & silver/tan leather. Odo: 8,546 miles. Recent restoration to original maroon-and-silver livery with little to fault. Known history from new. Said to be one of only twelve produced and only two with Vignale coachwork. Presented at 1954 Geneva Auto Show. Cond: 2+. SOLD AT $1,980,000. Considered the ultimate grand touring car of the era with long block V12 en

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RM Auctions Monterey, CA #255-1953 SIATA 208S spyder. S/N BS523. Eng. # BS070. Ruby Red/gray leather. RHD. Odo: 4,915 km. Purchased new by Steve McQueen, who attached Ferrari badges to it and called it his “little Ferrari.” Restored in the early 1990s. Engine rebuilt in 2008, and has covered fewer than 400 miles since. Minor road rash on hood. Heuer rally gauges on dash. Last of the dual-purpose Ferraris. Only 42 alloy competition Berlinettas said to have been built tained since. Shown at Cavallino Classic and Pebble Beach. Older paint still very presentable. With short wheelbase and covered headlights. Interior showing minor signs of use. Said to be one of only 36 400 Superamericas built by Pinin Farina. Cond: 2+. SOLD AT $2,090,000. RM sold 2841SA, the twin to this car, for $1,650,000 at their 2008 Monterey sale, also in Blu Sera livery (SCM# 117467). This was strong money for an equally restored car, although the closed headlights added to the package. Well sold, but we may just have to eat those words in another year. in 1960, this the 4th from last. Fully documented, with race history and Ferrari Classiche certification. Cond: 1-. SOLD AT $5,280,000. Previously not sold at a high bid of $639,367 at Bonhams' Gstaad sale in 2002, wearing green stripes over white paint (SCM# 29700). Seen later, partly disassembled, at RM's 2007 Borrani wires in good condition. Complete with rare manuals Museum. and Cond: other documents. Thought to be one of about 35 produced. Part of the “Cars of Steve McQueen” display at the Petersen 1-. SOLD AT $946,000. The Steve McQueen legacy did not seem to come into play here, as the price paid was in the ballpark of a decent, well sorted 208S. A wonderful car with the “King of Cool” touch thrown in for free. See profile on p. 44. #229-1955 FERRARI 750 MONZA spy- der. S/N 0492M. Eng. # 0492M. Red/black leather. RHD. Shown at Brussels Auto Show. Raced by Phil Hill and von Neumann at Torrey Pines. Extensive additional racing history. Appeared in the movie “On the Beach,” with Fred Astaire's character driving in the last Grand Prix. Once part of Louwman Museum. Inspected by noted Ferrari authority with positive report. Said to be the eighth of 35 750 Maranello auction, where it found a new owner at $2,821,500 (SCM# 45289). Unquestioned history with 3rd place finish at Montlhéry when fresh from factory. Most likely would have joined the six-million dollar club if it had its original block. Still, most welcome at all the most prestigious of events. #208-1960 MASERATI 3500 GT coupe. S/N AM101860. Red/black leather. Odo: 44,935 miles. An older restoration that has been properly maintained and stated to have been recently serviced. With more desirable normal aspiration and triple round front lights. The 3500 GT was Maserati's first production car, and all had coachwork bodies by Touring #152-1967 FERRARI 275 GTB/4 coupe. S/N 10051. Eng. # 10051. Bleu Ferrari/blue leather. Odo: 34,350 km. Delivered new to Milan and sent to the U.S. five years later. Restored in late 1990s to high standard and finished in Fly Yellow. Returned to Bleu Ferrari earlier this year. Earned First in Class at this year's Dana Point Concours. Minor dash issues are the only defects noted. Cond: 1-. SOLD AT $1,485,000. Last seen at Gooding's 2008 Pebble Beach sale, where it was a no-sale at $850,000 (SCM# 165735). At the time, it was finsihed in a strong Fly Yellow which was thought to have held back the bidding. A little paint, and we are looking at a $600k bump. #243-1973 FERRARI 365 GTB/4 Daytona coupe. S/N 16539. Rosso Dino/Pelle Nero. Odo: 6,394 miles. An amazing unmolested example, well maintained by three prior owners, miles believed actual Monza Spyders constructed. Cond: 1-. SOLD AT $2,530,000. A sensational, well docu- mented 750 Monza with loads of history. Last seen at Bonhams' 2006 Carmel sale, where it sold for $1,107,000 (SCM# 42651). It was in decent condition at that time, but has had extensive restoration since. A stronger Ferrari market and a quality restoration added a well justified mill-and-a-half to the price tag. TOP 10 No. 4 #244-1960 FERRARI 250 GT SWB Competizione coupe. S/N 2209GT. Rosso Corsa/brown leather & fabric. Odo: 1,907 miles. An early alloy-bodied shortwheelbase Berlinetta from the Skip Barber Collection. Restored to original configuration in 2006 and 2007 with restamped engine block by Ferrari Classiche. Flawless body work. Authentic underhood with correct carb tray. 84 or Vignale. Only 2,233 are said to have been produced. Cond: 3. SOLD AT $101,750. Known for responsive performance and proper handling with an Italian flair. Price paid here was a bit light, especially compared to a similar example that sold during the week for about $140k. Well bought, now just get the rubber on the road. #252-1962 FERRARI 400 SUPERAMERICA coupe. S/N 3559SA. Eng. # 3559SA. Blu Sera Metallic/tan leather. Odo: 4,120 km. Restored in 1993 and well main- Leather with mild patina, mouse fur on dash aging. Equipped with Becker radio and a/c. since new. Complete tool roll and books and records. On Borrani wires with 8” tires on rear. Cond: 2. SOLD AT $357,500. The question is what to do with a low-mileage car such as this. The premium is in the low miles, so you can't drive unless you want to lose money, but what a shame to see a wonderful road car not driven. Decisions, decisions. #221-1974 FERRARI 365 GTS/4 Daytona Spyder. S/N 16857. Red/black fabric/tan & black leather. Odo: 21,069 miles. Strong presentation. Ferari Classiche-certifed with Sports Car Market

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RM Auctions Monterey, CA $500,500. Last seen at RM's 2005 Amelia Island sale, where it sold for $396,000 (SCM# 37546). Driven a scant 37 miles since over six years, but well maintained with little perceptible deterioration. Those who say that CCCA Full Classics are a thing of the past need to pay attention here. An impressive Chrysler LeBaron Dual Windshield phaeton that was fully valued. #201-1934 DIVCO HELMS BAKERY all service records. Excellent paint and body fit. Mouse-fur dash in good order. Lacking Nardi wheel. Has a/c and aerial but no radio. On Borrani wires, with correct tools, jack and jack bag. The 92nd of 121 Daytona Spyders built. Cond: 1-. NOT SOLD AT $1,020,000. Daytona name derived from 1-2-3 sweep of 1967 race. Correct and uncut Spyders are infrequently offered, and based on the quality of this example, another $100k would not have been out of the question. On the other hand, if the money was not there on the hottest selling night in history, where will the seller go to find it? AMERICAN #224-1930 PACKARD 734 Speedster Boattail runabout. S/N 184089. Eng. # 184089. Salmon & chocolate/tan Haartz cloth/brown leather. Odo: 2,767 miles. A factory hot rod with offset passenger seat. Door fit off a bit. Engine clean and tidy. One of the more desirable Packards, it spent over 25 years in Harrah's collection. Only 113 734 Speedsters in five body styles were built and only a hand- Unusual side wings on rear windshield. Was once owned by Otis Chandler. Cond: 2+. SOLD AT $946,000. A custom Dietrich is the ultimate Packard, and they are priced accordingly. Money paid here was on the light side, and if the restoration had been a bit fresher it would have easily realized another couple hundred thousand. #225-1933 CHRYSLER CL IMPERIAL ful of real Boattail Runabouts remain. Cond: 2-. SOLD AT $506,000. Another 734 with the same 184089 chassis number sold for $187,000 at RM's 2011 Plymouth sale (SCM# 183004). Does not appear to be the same car. Price paid here was a bit under the money, and I'll attribute that to the correct-but-awkward livery. #154-1932 FORD Edelbrock Special roadster. S/N N/A. Black/black vinyl. The record-setting Bill Likes SCTA roadster. In his 1950 rookie season earned enough points to run as coveted number 2. In 1951 fitted a 1929 Model A roadster body to the 1932 chassis. Holds 13 world land-speed records. Has appeared in Hot Rod magazine. Found after 30 years with all records, photos, trophies and timing tags. Freshly restored and offered with 400 historical items. Cond: 2. NOT SOLD AT $210,000. Eligible for Pebble Beach Historic Hot Rod class and loaded with history. 86 CUSTOM Dual Windshield phaeton. S/N 7803667. Black/tan fabric/green leather. Odo: 109 miles. Coachwork by LeBaron. An older restoration that is holding up quite well. Numerous awards including 100 points at CCCA National Meeting and Grand Classics, as well as Best in Class at Pebble Beach in 2000. Impressive styling and wonderful condition make an impressive package. CCCA Question is, what price history? All the goodies are cool, but the car does not have the flair of the cars like the Pierson Brothers' coupe. I don't think the price bid was that far off the mark. #233-1932 PACKARD 904 Dual Cowl sport phaeton. S/N 193514. Eng. # 193622. Dark blue/tan fabric/blue leather. Odo: 102 miles. A custom split-windshield by Dietrich Inc. One of only two examples known on 904 chassis. Restored in the early 1990s and still shows extremely well, although paint losing a bit of its luster. Missing Dietrich body tag. delivery truck. S/N 3KHX975. Light yellow & blue/black vinyl. miles. In as-used condition. Helms Bakery trucks were a fixture in the Los Angeles area from the '30s into the '60s. Their “Daily at Your Door” slogan was on their trucks, and their speciality was Olympic Bread as they were the official bread of the '34 Olympics. Complete with pie-tin whistle. Most are modified but this was complete with Continental 4-cylinder engine. Cond: 3. SOLD AT $74,250. These are seldom offered, and the other one on offer this week had been converted with a 350 small block. From the era of the Fuller Brush Man and other home delivery services. Price paid was in the expected range, but set aside a few bucks to deck it out with all the bakery goodies. #157-1934 DUESENBERG MODEL J Riviera phaeton. S/N 2550. Eng. # J440. Black/orange/black leather. Odo: 22,907 miles. Restoration by Fran Roxas and Brian Joseph completed in 2006. Originally fitted with engine number J521. Massive piano hinges on doors. Unusual disappearing top fits inside trunk. Interior with minor signs of age and use. Ownership known from new. Said to be one of Premier badge. One of 36 1933 Dual Windshield LeBarons built, with about 27 accounted for today. Cond: 2+. SOLD AT three Brunn Riviera phaetons built. Cond: 1-. SOLD AT $990,000. Last sold for $1,210,000 at Gooding's 2006 Pebble Beach sale (SCM# 42598). One of the few Duesenbergs that actually looks more stylish with the top up, per the opinion of many. With all the Duesies offered Sports Car Market

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RM Auctions Monterey, CA this weekend, it sold for the expected amount, but just missed the million-dollar mark. #146-1934 PACKARD 1107 Convertible Victoria. S/N 902534. Eng. # 902534. Black/black fabric/red leather. Odo: 82,088 miles. Dietrich-designed Victoria with fitted top side-panels. Ground-up restoration in 2008 with subsequent concours awards, including Pebble Beach. Still appears fresh. Wonderful Dietrich styling, with a quality restoration and an interesting history. The first year Packard $27,500. Sold at RM's Monterey sale in 2008 for $30,250 and driven exactly zero miles since (SCM# 117487). For the grand-a-year cost of ownership, at least have some fun with the darn thing. There is an active, fun group of microcar folks, and this would fit right in. #163-1941 CHRYSLER THUNDER- offered a radio, as installed here. First owned by The Cisco Kid. Cond: 2+. SOLD AT $440,000. 1934 is a favored year for Packard styling, with the wider fenders curved down to the bumpers. The 1934 V12 is also smooth and quiet. If anything, price paid here was a bit light, but a Victoria is not as popular as a Roadster. Well bought. #217-1936 DUESENBERG MODEL J Convertible Victoria. S/N 2566. Eng. # J538. Red & black/tan fabric/black leather. Odo: 65,729 miles. Unusual short-wheelbase Rollston Convertible Victoria. One owner since 1951. Restoration finished in 1977 and still very presentable. Top dirty, carpet loose in rear. Unusual hood scoops. Victorias are not as 1954, original engine located and reinstalled during restoration. Cond: popular as other styles, as backseat passengers have little visibility. More attractive with top down. Cond: 2-. SOLD AT $902,000. Sold as expected, but would have brought a bunch more if it was just a little fresher. The new owner can spend a bit without concern. As a documented original Duesenberg, it will certainly appreciate. #203-1941 AMERICAN BANTAM con- vertible. S/N 65759. Tan/tan Haartz cloth/tan leather. Odo: 28,315 miles. An older restoration that still shows well. Has desirable skirted fenders. Scores well on the cuteness scale. Less than 7,000 Bantams were produced before production ended in 1941, with only 60 convertibles built in 1941. More expensive than a Model A and not as fast. Cond: 2-. SOLD AT 88 ment cluster. Swivel buckets. One of 248 300F convertibles built, and the only restored “triple black” example. Cond: 1-. SOLD AT $214,500. Seller was nervous as could be, but no worries as the spirited bidding pushed this to a very respectable price. Strong money but most deserving. Fair all around. © Sports Car Market $935,000. Previously bid to $1,175,000 and not sold at RM's Phoenix sale in January 2010 (SCM# 156918). With a Dodge Firearrow and Chrysler D'Elegance selling at this auction for $852k and $946k respectively, this Chrysler Thunderbolt fell right in line. Only decision to make is which one you had to have. Sure to draw a crowd. Money in the bank. #143-1952 CHRYSLER D'ELEGANCE concept coupe. S/N 321953. Red metallic/black & tan leather. Odo: 51,702 miles. Restored to heels. In Italy for over 30 years. Styling provided inspiration for the Dual Ghia. Cond: 2+. SOLD AT $852,500. Sold by RM at their 2009 Phoenix sale for $880,000 (SCM# 119265). This car had a great look, both in terms of design and condition, and considering the price paid last time, this was a decent deal. #167-1960 CHRYSLER 300F convert1-. SOLD AT ible. S/N 8403151139. Black/black fabric/black leather. Odo: 76,398 miles. 413-ci V8, 2x4-bbl, auto. Strong presentation. Nut-and-bolt restoration completed in 2008, numerous awards since. Numbers-matching with cross ram “Wedge” 413 engine. “Astra-Dome” instru- BOLT Concept roadster. S/N 7807943. Teal green & copper/copper/green leather. 10,000hour restoration completed in 2009. Numerous awards since. One of five Thunderbolts built, each with a different color combination, that toured the country promoting Chrysler. Four survive today. Constructed with aluminum body and steel roof and deck lid. Copper top and lower trim. Push-button doors and hydraulic windows. Electrically operated retractable hard top. Fluid Drive. 331-ci Hemi installed in perfection and properly maintained. In 1954 fitted with Hemi and Torqueflite transmission. Fitted luggage in rear. A concept with timeless styling. The most striking of the Chrysler/Ghia concepts. Cond: 1-. SOLD AT $946,000. Sold by Kruse at their 2001 Atlantic City sale for $270,300 (SCM# 24603) and by BarrettJackson at their 2006 Scottsdale sale for $1,188,000 (SCM# 40462). In the musical chairs of the car world, there are times you lose your seat. Here, someone won big, and someone lost a couple hundred large. New owner has a wonderful car, but it is not a very practical driver. #121-1954 DODGE FIREARROW III Concept coupe. S/N 9999707. Opal Blue metallic/Opal Blue & white leather. Odo: 66,211 miles. Restored to high standard by Fran Roxas and still a high-point presentation. Styled by Ghia with stock Red Ram Hemi underhood. Driven to world record of 143.44 mph by Betty Skelton wearing a dress and high

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Gooding & Co. Pebble Beach, CA The Pebble Beach Auctions With all sales considered, the average sold price was $737,503, about the entry level for a decent Ferrari Lusso, Aston Martin DB5 or Mercedes-Benz 300SL Company Gooding & Company Date August 20–21, 2011 Location Pebble Beach, CA Auctioneer Charlie Ross Automotive lots sold / offered 106/126 Sales rate 84% Sales total $78,175,300 High sale 1957 Ferrari 250 Testa Rossa prototype, sold at $16,390,000 1957 Ferrari 250 Testa Rossa prototype — $16,390,000 Report and photographs by John L. Stein Market opinions in italics seemed impervious to the wild share swings, this stalwart precious metal bounced higher and higher, until no one could ignore it trading for the better part of $2k per ounce. It's no coincidence that the prices of blue chip — no, make that gold chip — collector cars followed a similar upward trajectory, as some sellers cashed out and others ponied up for the ride. And nowhere in Monterey was this more evident than at the annual two-day Gooding & Company auction in Pebble Beach. Geographically removed from the hubbub of other T events during the Monterey week, the Gooding auction occurs on hallowed real estate that seems to attract hallowed cars. This year, the auction sold $78.2 million worth of vehicles (including one Brough Superior motorcycle), up an impressive 21% from last year's $64.6m. The sell-through rate was also higher at 84% compared with 77% in 2010. Two cars topped $10m, including the 1931 Duesenberg Model J LWB “Whittell” coupe at $10.3m and the top sale, a 1957 Ferrari 250 Testa Rossa prototype, which commanded $16.4m — a world-record TR price. One other car, a 1927 Mercedes-Benz 26/180 S-Type Sportwagen, broke through $5m, four others surpassed $2m, and eight more topped $1m. While a few premium sales admittedly skew the group average up, it's worth noting that when all sales were considered — from the Ferrari 250 TR to a humble little Janus 250 microcar 90 his last summer's stock-market volatility, debtceiling conflagration and historic U.S. credit rating downgrading had an instructive sideshow — the skyrocketing price of gold. While few companies at $22,000 — the average sold price was $737,503. This is about the entry level for a decent Ferrari Lusso, Aston Martin DB5 Vantage or Mercedes-Benz 300SL, further positioning this auction in rarified air. A few lots in particular stand out as instructive. One is the aforementioned Ferrari Testa Rossa. Aside from being the first TR built, it is defined by an exceptional international racing career — including Le Mans — with drivers such as Olivier Gendebien, Masten Gregory, Maurice Trintignant and Dan Gurney. Its sale suggests that while the top of the mountain may be pretty small in square footage (supporting few truly deserving cars), the available resources here are considerable. From the perspective of investment safety, growth potential and pride of ownership, smart investors play as high on the mountain as possible. Also on the subject of Prancing Horses, seven out of 22 cars offered — slightly less than one-third — sold for more than $1m. Four of the 22 were no-sales. The least expensive Ferrari sale was a 2009 F430 Challenge racer at $162,250, proving once again that although old Ferraris accelerate when it comes to price, new ones depreciate. Gooding normally offers a couple of cutie cars to lighten the mood and give casual visitors reason to chip in $200 for a bidder's number. Among them was a neat original 1931 Ford Model A 5-window coupe hot rod that sold at $33,000, a 1935 Helms Bakery truck that made $63,250, and a 1960 Renault 4CV resort car (rather a French Fiat Jolly) that brought a surprising $57,200, considering its unkempt condition. Given the tumultuous state of the world currently, Gooding & Company's 2011 Pebble Beach Auctions provided a fascinating lesson in investment strategy. And a good, long look at some rather nice cars. ♦ Sales Totals $10m $20m $30m $40m $50m $60m $70m $80m 2011 2010 2009 2008 2007 Buyer's premium 10%, included in sold prices Sports Car Market

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Gooding & Co. Pebble Beach, CA ENGLISH #5-1909 ROLLS-ROYCE SILVER GHOST Roi Des Belges. S/N 1203. Eng. # 1203. Silver/green leather. RHD. Odo: 5,555 miles. Imposing in its texture of details: rivets, hinges, handles, braces, wing nuts, struts and lighting equipment, each with its own particular silver finish matching the Silver Ghost color theme. All are well done but show signs of age and use. The result is totally believable, and not even the acetylene lamps have been updated. The rear passengers get an entirely separate and adjustable windshield. Cond: 2-. SOLD #157-1928 BENTLEY 4 1/2 LITRE tourer. S/N PM3252. Eng. # PM3256. British Racing Green/green leather. RHD. Odo: 5,049 miles. Well executed body and paint, but this British Racing Green looks a bit yellowy. Green vinyl body covering unconvincing. Chips and blemishes on various components suggest vigorous use. Rear fenders significantly pocked along front edges. Modern front seat belts, none in rear. Giant gauges. Large folding windscreen and two smaller folding fly imperfect trunk panel fit. Numerous paint detailing issues. Wrong rear reflectors. Tonneau, seats and carpeting do not match. Some new window gasket materials, some very old. Dirty wire wheels, chips on front hood edge. Right front tire wear shows alignment problem. AT $825,000. Sold in 1999 by Christie's in Lassiter, FL, for $332,500 (SCM# 1434), then moved across the pond and sold in 2003 by Bonhams in London for $626,940 (SCM# 31784). For 102 years old, this Rolls looked the business and appeared ready to drive. How many generations of families have come and gone since this magnificent machine first coughed to life? We should all be lucky to reach the century mark so gracefully. The amount paid here was entirely appropriate. #11-1921 BENTLEY 3 LITRE roadster. S/N 3. Eng. # 4. Aluminum/green leather. RHD. Dirty older restoration with plenty of body patina kept. Hand-formed body panels with crack at driver's doorsill. Some new aluminum work evident, modern turn signal switch added. Many old brass pieces likely original. Acetylene-style rear lamps, bulbs fitted inside acetylene-style headlights. Corroded Klaxon horn. Old Shell oil can on running board. Oily rag hanging under instrument panel. Cond: 3. SOLD AT $962,500. Filthy screens. Friction dampers and cable brakes. Cond: 3. SOLD AT $770,000. This car started life as a coupe, then was rebodied after WWII, moved to Africa, and then returned to the U.K. in 1999, where it received a Le Mans lookalike conversion. It appears to have been well used since then, so the buyer should feel free to step right up and enjoy this evolving piece of work. #133-1931 BROUGH SUPERIOR SS80 motorcycle. S/N 1161. Eng. # KTCYW92365S. Black. Well worn, presents as either original or a very old restoration. Checked seat, battered primary chain cover, various fasteners painted silver. Missing tube valve caps. New leather side bags, overseas plate on front fender. Not tidy or clean, but looks like an honest enough machine. “Unquestionably the property of Steve McQueen and Von Dutch,” per catalog description. Cond: 3-. SOLD AT $176,000. Cond: 2. SOLD AT $92,400. Previously sold for $55,000 at Christie's 2007 Monterey sale (SCM# 46218). Today it looked like a 99% restored car that had been used enough to wear the tires out. That was fine, but it would take another total restoration to make it a 100-point car. Let's hope the buyer intends to buy and drive this early big Healey, because there's no concours victory in its future. Well sold. #153-1955 JAGUAR XK 140 SE coupe. S/N S814865. Eng. # G53288S. Red/red leather. Odo: 171 miles. Impeccable body, paint, chrome and detail work. Appropriate Dunlop bias-ply tires. Very small chip on dooredge, but otherwise all appears right. Originally sold on west coast. SE configuration includes C-type cylinder head. Cond: 1-. SOLD AT $93,500. This was as bright red as bright red gets. Striking restoration at obviously great expense, but could you get used to the red-onred color combination? It was a wonderfully turned out gentleman's GT car, but one can't help but wonder how it would have fared in a less audacious color combination. Reasonably sold considering the effort involved, for just over the $90k low estimate. Presentable enough as a surviving original, this Brough SS80 would benefit from a good quotient of TLC before use. The ownership trail seemed a bit wobbly, but if it really is a condition with green Mr. Toad interior. A pretty unkempt piece that had obviously not been anyone's objet d'amour. However, you could have quite a lot of fun in this old soldier discovering new back roads alone or on a club tour. As the first production Bentley delivered, it was far more than just a keepsake—it's one of one, and as such the price paid was market-correct. 92 McQueen and Von Dutch bike, the price paid seems fair given the value of other McQueen items recently sold. Vincents and Broughs are all the rage now, so the buyer should feel reasonably well protected either way. #41-1955 AUSTIN-HEALEY 100-4 road- ster. S/N BN1L225762. Eng. # 1B225762M. Black & white/red vinyl. Odo: 86,636 miles. Older leather hood strap. Scratched door sills, #63-1957 MGA roadster. S/N HDA4328764. Eng. # BP15GB18854. Black/black/black leather. Odo: 187 miles. Nicely restored and just right for driving. Some buffing marks on B-grade paint job. Nice exterior brightwork. Some wear on chrome windshield header. Windshield gaskets new. Later-style radial tires. Driver's seat back is concave, while passenger's seat back is convex and needs to be broken in. Newer poly-style carpeting too shiny. Georgia license plate. Cond: 2+. SOLD AT $56,100. Sold for $35,200 at RM's 2003 Monterey sale (SCM# 36099). Triple-black cars always look great, Sports Car Market

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Gooding & Co. Pebble Beach, CA E-type territory now. BJ8s reside at the top of the Healey hierarchy. Someone spent all the money finishing this, and it showed. There were only a few extremely small items to correct, and then you'd be ready to show or go, your choice. Well bought and sold. FRENCH #147-1912 GOBRON-BRILLIÉ 12 CV and the march of time is making the MGA look better and better still. There was nothing to dislike here except for the paint work, which did not measure up compared with the neighboring vehicles. This one found a passionate bidder, because the price paid significantly eclipsed the $50k high estimate. #146-1965 ASTON MARTIN DB5 coupe. S/N DB51990L. Eng. # 4001099. Green/tan leather. Odo: 50,478 miles. Respray flaking around window gaskets, otherwise nice. Minor scratches on trim. Avon radials incorrect but look good. California black license plate not original to car. Good chrome. Muffler tips dirty. tire setup. Cond: 3. SOLD AT $225,500. This would be an outstanding addition to your lake house property, as it begged for a ride in the country. Plenty rough around the edges, but not without its charms, and plenty believable for a 100-year-old car. Status as a recent Pebble Beach Concours d'Elegance Driver's seat just getting broken in. Cond: 2. SOLD AT $687,500. Gentlemanly color combination looks good on the DB5—very “old money.” Values for DB5s have jumped in the last few years, and this one sold a little above the $675k pre-auction estimate. The fact that it was originally delivered to the U.S. certainly helped. #159-1967 AUSTIN-HEALEY 3000 Mk III BJ8 convertible. S/N HBJ8L41062. Eng. # 29KRUH15682. Black/burgundy leather. Odo: 85,916 miles. Elegant restoration in an agreeable enough color combination. Few misses include rumpled transmission-tunnel carpeting, minor paint orange peel and misaligned rightside headlight. Presents as a fully restored car not used since completion. Cond: 1-. SOLD AT $99,000. Big Healeys have been steadily climbing the value chart for years, and good ones like this are starting to invade Jaguar class-winner added to the appeal. Nevertheless, the seller let it go for far below the $300k pre-auction estimate. #59-1957 FACEL VEGA FV4 coupe. S/N FV457NY8. Eng. # 7Y5562130. Plum/beige leather. Odo: 42,819 miles. Nicely restored in a stately—though rather uninspiring—color combination. Modern Michelins with aggressive tread pattern don't do much for the presentation. Modern electric fan behind grille. Black California license plate from 1969. Pushbutton automatic transmission controls on instrument rubber instrument panel trim, chipped ignition key nacelle. Cond: 3. SOLD AT $57,200. Last sold for $25,300 at Brooks' Carmel auction in 2000 (SCM# 10396). A Fiat Jolly-esque resort car that had survived rather well, but was given a quick and dirty restoration job. Looked good at five paces, but the closer you got, the worse it looked. Bought for a few thousand dollars, it would be plenty of fun. But not at the price realized here. The seller should be happy; let's just hope the buyer is, too. GERMAN TOP 10 No. 5 #119-1927 MERCEDES-BENZ S-TYPE 26/180 SPORTWAGEN open tourer. S/N 35218. Eng. # 60424. Red/black leather. Odo: 58,115 km. Faultless restoration and presentation. Lovely blood-red paint has a real period look, with understated black wire wheels with bright bead locks. Open tourer configuration quite usable. No doors— step-in only. Huge aluminum sump is clean skiff. S/N 920. Eng. # 775. Blue, aluminum & wood/gray leather. RHD. Odo: 12,957 km. Older restoration shows chips and dirt. Some replacement evident in old wood. Copper rivets abound. Newer aluminum hood panels. Cockpit has openable portholes near firewall. Interior basic, with nondescript floor material used. Unusual opposed-four engine and “dually” rear #124-1960 RENAULT 4CV Resort Special beach car. S/N 603607781. Ivory/ivory vinyl/wicker. Odo: 16,685 miles. A mix of old and new parts, this restoration stopped short of spending all the money. Plating tarnished and pitted, glass gaskets coated in overspray. Wheels blemished with lead weights painted over. White seat frames don't match ivory body color. Tassels on surrey top dirty. New seatbelts and too-modern looking red floor mats. Old panel. Bird's-eye maple instrument panel nicely finished. Upholstery near perfect. Cond: 1-. SOLD AT $143,000. Collectors seem to either embrace the Facel Vega or disdain it. But there was nothing serious to dislike about the presentation of this French-American hybrid. With its big Chrysler Hemi engine sporting dual four-barrels, you'd be unlikely to hold up traffic anywhere. Fairly bought and sold, a bit under the $150k low estimate. 94 with engine-turned detailing. Brake drums appear to be copper. Lester tires. Cond: 1. SOLD AT $5,040,000. One of the few cars at the Gooding auction to command its own platform with a guard stationed on it. There was nothing to fault here, as befitting its $5 million price point. With a Pebble Beach class award to its credit, and 40 years in the same collection, there should be no disputing its condition or history. #61-1958 ZUNDAPP JANUS 250 coupe. S/N W3222. Teal/gray canvas/red vinyl. Odo: 15,798 km. Old and tired throughout, with Sports Car Market

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Gooding & Co. Pebble Beach, CA every component showing need. Various body dings. Loose fasteners sitting in interior. Unusual clamshell front and rear doors match Includes both soft folding top and removable hard top. Imperfect panel fit, although probably as good as when new. Tired California black plates dating from approximately 1969, and front- and rear-facing bench seats. Right front tire is flat. Tiny twin exhaust outlets. Cond: 4+. SOLD AT $22,000. An oddball for sure, but the kids will squeal when you pick them up from school in this rascal. The $25k–$35k pre-auction estimate was high, but someone paid surprisingly close to it for a Cold War-era time capsule that needs everything done. The purchase price makes me think of someone in a Rodeo Drive store buying a $250 necktie only because it seems cheap compared to everything else. #154-1960 MERCEDES-BENZ 300SL roadster. S/N 19804210002509. Eng. # 19898010002552. Blue gray/blue gray hard top/brown leather. Odo: 15,003 miles. Dirty barn find (or perhaps “garage find,” more accurately) presented as-is, dust and all. Rusty bumpers, dented nose, dirty tires. Has U.S. headlights, Euro plate holder on rear. Someone has rubbed rear bumper chrome to check condition. (It's pitted.) Nice patina on interior leather. Said to have been 1960 Copenhagen Motor Show car left as original after only carrying many registration stickers. Mix of older and newer plating types under the hood, including traditional cad, yellow cad, and zinc. Weathered 300SL badge on rear deck. Cond: 1-. SOLD AT $852,500. Two-top 300SL convertibles are a rarity. This one was carefully done with minimal flaws limited to excessive creasing on the seat bases and the mismatched plating under the hood. With 300SL prices pushing up, this was a solid car bought within the current price window. It needed very little to be absolutely perfect, and represented a strong position in an ascending Mercedes model. #126-1964 PORSCHE 356C convertible. S/N 159464. Eng. # 711016. Black/red leather. Odo: 37,542 miles. Restored car with some original trim pieces. Has minor orange peel and a few peppery areas in paint, some stone marks on front of car. Minor corrosion on exhaust. Obviously new interior done with less-thanconvincing materials. Too-wide Pirelli radial 15,000 miles of use on the East Coast of the U.S. Cond: 4. SOLD AT $962,500. Don't touch this car! OK, well, give it a good cleaning, service it, and then drive it forever after removing the original Continental Extra Super Record tires. There aren't many left in original condition like this, and this one fuels the dream that you, too, may stumble across a similar find someday. Even in distressed condition, it beat the $900k high estimate and approached the million-dollar mark, re-confirming the market's hunger for preserved originals. #9-1961 MERCEDES-BENZ 300SL roadster. S/N 19804210002898. Eng. # 19898010002959. Gray/red leather. Odo: 31,460 miles. One of the only cars at this auction with a restoration picture book inside. 96 tires. Untouched California black plate with current registration sticker. Cond: 2+. SOLD AT $123,750. Not a concours winner, but still a nice enough example of a terrific car to enjoy and drive. Not only did this 356C sell, but it made near the $130k high estimate. Considering that a significant re-do would be necessary to take this car to the next level, I'll call this one well sold. #34-1964 PORSCHE 904 Carrera GTS coupe. S/N 904026. Eng. # 99099. Silver/blue. Appropriate not-too-shiny silver paint. Fuel filler a different color silver. Porsche decal on nose, rather than metal badge. Nylon headlight lens screw slots all aligned. Fresh rubber on aftermarket alloy wheels that look nearly new. Dual fire extinguishers inside. All-new window gaskets. Small imperfections on dashboard probably appropriate. Cond: 1. SOLD AT $1,210,000. Very nice and intelligent presenta- Sports Car Market preserved and nicely prepared first production year 911 with shockingly low miles (if they are to be believed). Polo Red not an unusual or desirable color, but still the kind of car you might dream of finding at a used-car lot or in an innocuous Craigslist ad prior to the advent of Bring-A-Trailer. Another example of the mania for original, nicely preserved, low mile cars. Either very well sold—for a regular production 1966 model year 911—or the buyer is a pathfinder into an entirely new world for plain jane 911s where condition trumps all. ITALIAN #110-1932 ALFA ROMEO 6C 1750 Series V Gran Sport roadster. S/N 10814400. Eng. # 10814400. Maroon/brown leather. RHD. Odo: tion of an unusual and desirable Porsche. FIA HTP paperwork and street or track readiness added to breadth of use possibilities for the new owner. Plus, not everyone will have one. Refreshing to see the paintwork done to original standard and not tarted up with excessive glossiness. In the current market, this was a fair deal all around, toward the high end of the $1m–$1.3m pre-auction estimate. #8-1966 PORSCHE 911 coupe. S/N 302461. Eng. # 902496. Polo Red/black vinyl. Odo: 49,371 miles. Amazingly well preserved with outstanding preparation for sale. Presents as an original car, with crazed original paint expertly nurtured. Most chrome plating in good condition. Spider crack on hood from rock. California black plate shows last registration in 1971. 40 years in storage does not degrade the car. Cond: 2. SOLD AT $137,500. A nicely

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Gooding & Co. Pebble Beach, CA 7,052 km. An older restoration with excellent panel prep and paint, now crazed around the running boards. Tires are weathered and dirty. Brown interior faded in places and not particularly inviting. Modern seat belts fitted, license plate removed recently. Sticker for 2010 Mille Miglia on windshield. Cond: 2-. SOLD AT $1,540,000. Appears three times in SCM database: sold for $340,000 at Christie's 2001 Tarrytown, NY, sale (SCM# 23860); a $319,000 no-sale at RM's 2002 Phoenix sale (SCM# 27066); and sold for this exact price, $1,540,000, at Gooding's Scottsdale sale in 2008 (SCM# 48806). Wearing a coat of dust and displaying dirty wheels and tires today, this Alfa looked like it did just finish the Mille Miglia and could do another one tomorrow. It clearly has been comprehensively restored, but the new is now decidedly worn off, so there's little concern over using the car further. The price paid was just at the bottom of the $1.5m– $2.2m pre-auction estimate. #129-1952 FERRARI 225 S Tuboscocca Berlinetta coupe. S/N 0168ED. Red/brown leather. RHD. Odo: 4,974 km. An older restoration showing its age. Poor panel prep under red paint that's crazing and cracking. Close inspection reveals many small problems. The limited chrome is good; aluminum window trim just average but likely original. Interior clean, simple, and minimally worn. Side-windows crazed. Mismatched lead weights on spokes. show prep. Imperfect panel fit probably still better than when new. Lead solder wrapped around spokes to balance wheels. Englebert tires a good touch. All trim appears as-new. Fitted turquoise luggage matches interior with new matching leather hold-down straps. Cond: 1. SOLD AT $2,200,000. As close to flawless as you can get, with extraordinary expertise and care evident throughout. Odd color combination stood out and honored the car's heritage, but probably also held it back in value, as it presented as more of a “lady's car.” All in all, a fabulous restoration of the last of three Vignale-bodied 375 America Coupes made. Sold dead-center of $2m–$2.4m pre-auction estimate, making it well bought and sold. #127-1953 FIAT 8V Elaborata coupe. S/N 106000022. Eng. # 104000000043. Green/gray leatherette. Odo: 57,723 km. Generally good application of a clearcoat-style paint that was probably not available in 1953. A few minor paint flaws noted. Stone chips on nose, some scratching on glass, cracks on driver's-side aluminum window frame. Solder weights wrapped around wheel spokes. Distressed felt on rear side-windows. Fresh undercarriage. Tires show wear. Cond: 2+. SOLD AT $1,127,500. Really lovely little 8V finished in an attractive, Aston Old racing jack points under car. Cond: 3+. SOLD AT $880,000. Last sold for $781,000 at RM's 2009 Monterey sale (SCM# 142121). Although there were plenty of nits to pick, this nonetheless looked like a substantive good buy, for its Sebring race history (second in class and eighth overall in 1953) and continuous California ownership since 1957. Any frontengine Ferrari V12 racer should pull more than the $880k that this car commanded, so I'd call this well bought. #47-1953 FERRARI 375 AMERICA coupe. S/N 0337AL. Eng. # GP070150. Light yellow/ivory/turquoise leather. Tremendous paint quality with virtually no swirl marks from Martin-esque green. Delicate and purposeful at the same time. The stone chips and worn tires gave confidence that the car could be used, and there was little if anything needing correction here. With all manner of Fiat 8V-powered cars ascending in value, the price paid here was right in line. #121-1953 SIATA 208S spyder. S/N BS514. Eng. # BS071. Red/beige/beige leather. Beautiful paint and body prep with very straight panels. Left headlight misaligned inside bezel. Simple interior with floor mats is reserved and accurate. Instrument panel has just five switches and four gauges—no speedometer. 1953 California plate. Michelin X radial tires not period-correct. Cond: 1. SOLD AT $1,567,500. Like a Bugeye Sprite, these represent the quintessential sports car. Values for the November 2011 97

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Gooding & Co. Pebble Beach, CA 35 208S spyders built have climbed like the national debt, from as little as $5,000 in the late 1970s to $1.5 million for this example today, which appeared passionately restored and ready to drive. The clean, spare lines and egg-crate grille of the 208S evoke images of a smaller Ferrari 166. And today, so does its value. Well sold. See profile on p. 44. #16-1956 FERRARI 275 GTB Long Nose coupe. S/N 08955. Eng. # 08955. Red/tan leather. Odo: 80,040 miles. Virtually faultless, the car presents as new. Has been updated with a modern audio system and modern General radial tires, which marry well enough to the 275 GTB design. Battery charger attached during auction preview period. Wears Arizona tags with current registration. Modest patina on seats suggests careful use of the vehicle. Cond: cracking, headliner unmarked. Numbersmatching engine and components with original stickers and clamps still in place. Tool kit, spare, and books included. Cond: 3-. SOLD AT $2,970,000. Nearly twice what you might expect to pay for a perfect 410, but perfection you can buy—originality, you can't. TOP 10 No. 9 #13-1959 FERRARI 250 GT LWB California Spyder. S/N 1215GT. Eng. # 1215GT. Fly Yellow/black leather. 1-. SOLD AT $1,001,000. The quintessential post-250 SWB coupe, prepared to perfection. Allowances made in tires and audio system mean this 275 GTB was restored to enjoy as a real-world driver, just how you'd want it. Sold right in line with the $900k–$1.1m pre-auction estimate. Since someone else has already taken care of the extremely expensive resto and fettling, I'd call this one slightly well bought. #18-1957 FERRARI 250 Testa Rossa racer. S/N 0666TR. Eng. # 0666TR. Red/tan leather. RHD. Flawless body panel preparation, certainly vastly nicer than during race career. Rebodied in pontoon fender configuration. Supplemental electrical switch ahead of right door suggests track-ready state of preparation. Solder wire weights wrapped around spokes. Vinyl number on rear deck lid creased at bottom. Small nick on right rear TOP 10 No. 1 sold at Gooding's 2008 Scottsdale sale for $3,300,000 (SCM# 48791). Dramatic color will stop traffic and cause accidents, and every trip in this car will be delayed by people stopping to ask you how commanding the universe is going. Among a very small list of extremely small nits, the Michelin radials are not stock, but they're at least a useful addition. If you could be any car, wouldn't you choose to be a Cal Spyder? The price paid was somewhat higher than the $2,000 this car traded hands for in 1968. #51-1959 FIAT TIPO 682/RN-2 trans- porter. S/N 001461. Eng. # 024568. Red/red vinyl. RHD. Simply enormous at a full 10 fender. Exhaust system finish shows discoloration from heat. Cond: 1-. SOLD AT $16,390,000. Perfect in nearly every detail, with small signs of use evident. A sensational car that needed very little if anything, and which guarantees you entry to virtually any vintage road race or tour in the world. Record sale price reflects the safe-haven investment position that truly blue-chip collector cars currently occupy. See profile on p. 36. #135-1957 FERRARI 410 Superamerica Series II coupe. S/N 0715SA. Eng. # 071SA. 98 Sports Car Market Odo: 65,092 miles. Impeccable and perfect. Tremendous body panel prep and paint work. Excellent door fit on what were most likely less-than-laser-accurate original components. Small chip at bottom of driver's door opening. Chrome and alloy virtually perfect. Small tear to vinyl behind seats. Driver's seat shows slight wear. Cond: 1-. SOLD AT $3,355,000. Last Black/cognac leather. Odo: 190,000 miles. A low-mile original, very well preserved and uniformly aged. Wears mostly original paint. Good patina throughout interior, leather nicely paces long, with room enough inside for an entire race team. Straight body panels with some orange peel evident in otherwise flawless paint. Vehicle somewhat dirty and in need of detailing. Weathered car decks and exhaust. Hand-painted exterior logos and lettering have small flaws, probably typical for the period. Rusty headlight bezels and other pitting suggests this transporter lives outdoors. Cond: 2-. SOLD AT $990,000. A hugely valuable piece of racing history, but what would you do with it? The condition was just right—beautifully restored and now showing use, so you wouldn't have to be afraid of adding more kilometers. But all in all, you can move your toys for far less money with a pickup and trailer these days (and without the inconvenience of RHD), so this one was for the guy with the room and interest to take his collection all the way. #2-1960 ALFA ROMEO GIULIETTA Spider Veloce. S/N AR149511327. Eng. # AR0010601009. Black/black/red leather. Odo: 82,703 miles. Presents well until close inspection: dirty tires, minor paint bubbling and older taillight bezel chrome, original-looking lenses. Good panel preparation and reasonable door fit, although hood fit is way off. New bumper chrome. Rear ride height glaringly high. Cond: 2. SOLD AT $93,500. Hard to top a Spider Veloce in black. Not many shortcuts evident except for a few original components left for posterity. Time was beginning to take its toll, but there appeared nothing really wrong here— save for the rear ride height—to inhibit joyous use. One good weekend might be enough to put things right, and then it's happy trails with one of the neatest little Alfa models extant. #28-1961 ALFA ROMEO GIULIETTA Sprint Speciale coupe. S/N 1012000533. Pewter/dark blue leather. Odo: 27,275 miles. Apparently original paint is flat all over and thin in places, but just good enough to preserve. New York plates from 1961. Narrow body and cabin contribute to a lovely and delicate appearance. Somewhat dirty-looking inside, with

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Gooding & Co. Pebble Beach, CA a torn upholstery seam evident. Decent window rubber seals and loose felt on side windows. Stated to be a low-mileage example, originally owned by Briggs Cunningham. Cond: 3. SOLD AT $209,000. This car would be spectacular if restored, but of course it should not be. As time and commerce of collector cars march onward, the few desirable models that remain unrestored become more and more important, this Sprint Speciale among them. The owners were exactly right to protect the originality here, and let's hope the latest buyer does the same. #138-1962 FERRARI 250 GT Series II convertible. S/N 3807GT. Eng. # 3807. Maroon/black/tan leather. Odo: 9,691 km. A nice enough touring Ferrari cabriolet. Only a few small items to be concerned with, including the grille, which popped loose during shipping to auction. Rubber window seals are slightly weathered. No license plate. backs beginning to crack. Wears authentic- Seat- ange peel evident, although some swirl marks from buffing. Well presented overall. Originallooking Becker Mexico radio. Unfortunate ing flaws apparent at sides of radiator shell. Insides of bumpers show thinness of chrome, an inexplicable flaw—though perhaps that's huge prancing horse emblems on red-and-black carpets. Driver's seat gaining patina, passenger's seat less so. Different-shade hood appears to have been painted separately from front cowling. Cond: 2+. SOLD AT $1,025,000. Said to be one of 121 factory original Daytona Spyders, often copied by unscrupulous chop shops who converted GTB/4 coupes. Previously sold for $748,000 at Gooding's 2006 Pebble Beach sale (SCM# 42628). With Daytona prices having enjoyed a substantial run-up in recent years, it was somewhat surprising to see an example of this rarity (i.e., one of 121 factory Spyders) pull no more than it did. Well bought. AMERICAN #102-1930 ROLLS-ROYCE PHANTOM looking Avon tires. Cond: 2. SOLD AT $709,500. If the mechanicals are all good, this was a useable GT cabriolet with elegant lines and nowhere to go but up in value, reminiscent of the vastly more expensive Cal Spyder. Sold price surpassed the $650k high estimate by more than 9%, so both the seller and buyer should be happy with the deal. #113-1966 FERRARI 275 GTB ALLOY coupe. S/N 08163. Eng. # 08163. Argento/black leather. Odo: 60,000 miles. A cosmetic barnfind with mechanicals reportedly gone over and now “in running order,” per catalog description. Original paint aged, discolored and faded, with minor dents here and there. Thumb-sized hole cut into driver's-side fender for alarm installation. All chrome pitted and foggy. Interior worn, dash badly warped and split, '70s speak- undercarriage and differential. Cracked tires miraculously hold ers cut into doors. Original tools, spare, books, and keys included. Cond: 3-. SOLD AT $1,540,000. A barn find that drives! Factor in the long nose, alloy body, and undeniable originality, and this price looked about right. BEST BUY #45-1972 FERRARI 365 GTS/4 Daytona Spyder. S/N 16223. Eng. # B2136. Red/black & gray leather. Odo: 33,510 miles. Excellent restoration of an original U.S.-delivery Daytona Spyder. Shows fantastic prep work on vast body panels, including the nearly six-foot-long hood. No or- 100 air pressure. Cond: 4+. SOLD AT $99,000. The future abounds with possibilities for this untouched made-in- Springfield Rolls. Although a lavish six-figure restoration would be the easy path to take, it would erase all the history of the vehicle. Let's hope the new owner plans to clean it up, attend to its mechanical needs, and drive it forever. It'll certainly be a conversation starter. TOP 10 No. 2 #123-1931 DUESENBERG MODEL J Long-Wheelbase Whittell coupe. S/N 2478. Eng. # J460. Black/ aluminum/black patent leather. Odo: 12,581 miles. Presents as a new vehicle. Vast expanses of laser-straight bodywork with amazing black paint. Chrome excellent except for some buff- Sports Car Market I Newmarket landaulet. S/N S484MR. Eng. # 22849. Black/tan/tan leather. Odo: 73,620 miles. Fresh from the barn and not even cleaned off. Dirty and corroded everywhere. Paint chipped. Old electric headlight conversion. Water stains at rear glass area of fabric top. Totally rusty 1956 New York license plate, Automobile Club of New York medallion on front end. New spark plugs suggest operability, but sign on car says it is not running. Greasy exactly how the Model J was made. Cond: 1. SOLD AT $10,340,000. As lovely and riveting as a pre-war Mercedes-Benz, and if you were a tycoon during the Great Depression, you could make your foreclosure rounds in style. The Model J is the Duesenberg you want and this one was a stunner, with one-off coachwork and an exhaustively researched history. Beholding it begs the question: Can American automobiles ever be this good again? See profile p. 48. 5-window coupe. S/N N/A. Blue/white vinyl/white Appears as-found but cleaned up, leaving chipped lacquer, corroded chrome, soldered-up brass radiator, and old tuck-and-roll interior. New tires all around. Frenched aerials. Plugged into battery charger pre-sale. Loose screw sitting on center console. 1964–65 New York plate and inspection sticker on glass. New plug #43-1931 FORD MODEL A hot rod naugahyde. Odo: 704 miles. wires on old engine. Cond: 3-. SOLD AT $33,000. Wisely left as a time capsule. An old survivor rod for sure, once done up to show specs for its period, now nice and useable just the way it is. It won't degrade one iota from use, as additional chips or cracks will hardly be noticeable. It will get you noticed and start conversations anywhere you go. Well bought at $33k, and the buyer should be ecstatic. It just goes to show that there are still deals out there. #140-1932 DUESENBERG MODEL J Dual Cowl phaeton. S/N 2206. Eng. # J182. Black & red/black canvas/red leather. Odo: 847

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Gooding & Co. Pebble Beach, CA miles. Dramatic restoration with acres of chrome, and faultless red and black paint. Looks downright sensationalized, or even Hollywood-esque. Seats show the right patina in keeping with light use. Rear seat appears virtually unused. One small oil drip visible underneath vehicle. Steerable Pilot-Ray supplemental headlights. Cond: $1,540,000. Clearly a no-expenses-spared restoration here of an A-grade Model J. Far and away one of the nicest lots at this auction. Very little to disagree with here, but the battle of the bidders never really materialized, and this one sold just over the $1.5m low estimate. #58-1936 TWIN COACH HELMS BAKERY delivery truck. S/N 40290. Cream & blue. Appropriately restored and entirely believable. Minor cracks around windshield pillars, some flaws in metal prep, along with minor paint chips and scratches. Simple interior with forward-folding bicycle-type seat. Wood racks appear to be newly constructed, mirror for watching race traffic. Five-point racing harness. No license plate. Originally although large front parcel shelf looks original. Correct paint color. Retrofitted with more modern 350-ci V8. Cond: 2-. SOLD AT $63,250. An excellent job restoring this old bakery truck to a useable standard. It's good that someone did it too, because how many of these Los Angeles icons can be left? The fact that it sold well lets us know that someone remembers and cares. Both seller and buyer should be happy here. #50-1949 CADILLAC SERIES 62 con- vertible. S/N 496268896. Burgundy/tan/brown vinyl. Odo: 566 miles. Quality restoration of a nice production Caddy convertible, showing only minor imperfections. Restoration photo book on display with car. Top shows normal creases from being lowered, top frame has some damage to rubber. Door fit off. Old California plates without current tags. This year a muscle car, let alone any Adjustable spotlight a nice period accessory. Clock is on time. Cond: 2. SOLD AT $126,500. The Series 62 was Cadillac's everyman convertible of the day, offering unmistakable styl- 102 cling. Cond: 1. SOLD AT $2,585,000. CSX2129 lives on with a period-correct look and undisputed racing provenance. But next time, instead of erasing all vestiges of the past, Oldsmobile, was a rare sight at the Gooding auction. Surrounded as it was by Euro elegance, initial evidence suggested this car might not pull the kind of bidding that it might at a proper American muscle-car event. But it did, selling within the generous $90k–$110k preauction estimate range. Back when gasoline was under a quarter a gallon, you'd have been living large in this 442. The price paid shows that dream is still alive. © Sports Car Market equipped with a DeSoto engine, now Hemi powered. Cond: 2. SOLD AT $203,500. This bruiser remained a genuine race warrior, offered in restored and sorted condition. Somewhat surprisingly, the seller let it go for well below the $275k low estimate. Lot 121, the diminutive 1953 Siata 208S, sold for nearly eight times the money, in line with the current market preference for European sports cars over American muscle. #55-1963 SHELBY COBRA 289 factory team racer. S/N CSX2129. Red/black vinyl. Odo: 1,441 miles. 289-ci V8, 4x2-bbl, 4-sp. On display in the front lobby of the Gooding auction tent. Body better than new and far better than when raced. Nice paint shows minimal imperfections. New rubber gaskets and new or re-plated tonneau mount posts. Period-correct roll bar. Vinyl racing number decals applied. Tidy engine compartment with period-correct wiring harness. Racing toggle switches on instrument panel. Sheet metal looks new underhood and in trunk. Original-appearing knockoff wheels. Exhaust pipes show heat cy- fastener inside driver's door opening. Headers rusting. Hard-to-reach area ahead of radiator is dirty. Cond: 2-. SOLD AT $83,600. The lone Corvette in the Gooding auction tent this year. Important certifications helped value, but small flaws and signs of wear were evident throughout. It looked like a great candidate to hold onto and use for a daily or Sunday driver. First year for disc brakes, and the coupe body configuration and fuel injection were a bonus. #56-1969 OLDSMOBILE 442 Hurst/ Olds 2-dr hard top. S/N 7344879M336338. White & gold/black vinyl. Odo: 19,863 miles. 455-ci V8, 4-bbl, auto. Beautiful restoration with seemingly nothing overlooked, right down to the Goodyear Polyglas GT white-letter tires. Minor swirl marks from paint buffing. “Hisand-hers” floor shifter. Minor imperfections include H/O 455 decal on hood scoop starting to peel and rear brake drums starting to oxidize. No license plates. Cond: 1-. SOLD AT $95,700. ing, a smooth ride, and no apologies to anyone. Presented as a longtime SoCal car, this very large convertible's color combination helped it exceed the $120k high estimate. #155-1953 KURTIS-KRAFT 500S racer. 1-. SOLD AT S/N 500S022. Eng. # C538I5990. Maroon/red vinyl. Odo: 19,739 miles. 365-ci V8, 2x4-bbl, 4-sp. Nice prep work and paint application. Goodwood stickers on windshield from 2007 and 2010. Halon fire bottle system. Roll bar of later design. Kidney-hole Halibrand wheels. Bank of racing toggle switches. Modern Hemi badges on hood. Newer Plexiglas windscreen. Stone chips and repair on nose. Modern wide maybe owners of such vehicles should keep them original and built a perfect replica to drive around in. That way, the pursuit of perfection doesn't have to cover up history. #4-1965 CHEVROLET CORVETTE coupe. S/N 194375S116511. Eng. # F0420HG 5116511. Milano Maroon/black vinyl. Odo: 65,755 miles. 327-ci 375-hp fuel-injected V8, 4-sp. Bloomington Gold, NCRS decals on rear window. Presents as an older restoration that's starting to age. Nice paint with numerous small flaws and crazing. Paint on badges slightly chipped. Incorrect radial tires are too wide. Rear glass is delaminating. Missing rubber trim

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Mecum Auctions Monterey, CA Mecum at Monterey Mecum worked every angle to make up the difference to their bottom line — and that meant there was never a dull moment Company Mecum Auctions Date August 18–20, 2011 Location Monterey, CA Auctioneers Mark Delzell, Mike Hagerman, Jim Landis, Matt Moravec, Bobby McGlothlen Automotive lots sold / offered 443/707 Sales rate 63% Sales total $22,195,692 High sale 1931 Miller Indy race car, sold at $2,120,000 Buyer's premium 1931 Miller Indy race car — $2,120,000 $300 up to $5,499; $500 from $5,500 to $9,999; 6% thereafter, included in sold prices Report and photos by Michael Leven Market opinions in italics I n only its third year as part of Monterey Week, Mecum has become the 800-pound gorilla, in terms of number of cars offered, much like Barrett-Jackson is in Scottsdale. More than 700 vehicles went under the hammer over three days of what was billed as “The Daytime Auction.” It's clear that this format is appreciated by many auction-goers, as evidenced by an always well-populated gallery. And it didn't hurt having an open venue, where the general public was allowed almost unfettered access to the auction tent, free of charge. Median pricing was just over $30,000, and therein lies one of most unique aspects of the Mecum event; they have to sell more cars than the other guys due to lower prices and a lower commission rate. It's an honest-to-goodness car sale and these guys work every angle, every time — and that means there's never a dull moment. In an effort to appeal to a more eclectic crowd than they usually cater to, Dana Mecum gets full marks for bringing in a large and varied selection of very desirable high-end classics and exotics. Their slogan is “Muscle Cars and More,” and they really delivered on both fronts. Along with the automotive consignments were wooden boats and motorcycles representing no fewer than five significant collections, as well as a trifecta of Italian exotic cars just sprung from a Texas warehouse after 30 years of storage, and which collectively had trav- 104 eled fewer than 17,000 miles since new. Of the group, a 1972 Ferrari 365 GTB/4 Daytona failed to sell at $325,000, while a 1974 Ferrari 246 GTS Dino sold at $286,200 and a 1977 Maserati Bora made $98,050. Top seller of the event was the 1931 Indy 500-winning Miller from the David V. Uihlein collection, which went for $2,120,000 with buyer's premium. Also from this group of cars was a rebodied 1912 Mercer Raceabout ($662,500) and a nearly original 1937 Bugatti Type 57 Ventoux ($371,000). The unquestionable star of the auction was the rebuilt ex-Cunningham 1960 Maserati Tipo 60/61 Birdcage. It failed to sell at $1,850,000 after a chat-room brawl raised questions about its claim to chassis number 2459. Mecum was careful to amend its auction catalog accordingly, leaving the due diligence to potential buyers. It seemed like there was plenty of pre-sale interest, but the seller chose to hang on to the car at the high bid. In the end, sell-through was decent at 63%, and it Sales Totals compared quite well with last year's 47%. And while 63% is not what I'd call an earth-shaking result, it's a solid figure considering the tremendous volatility in pricing right now. A lot of consignors set what I thought were optimistic reserves, and many potential buyers were simply not willing to meet them. Regardless, the final sales figure of $22.2m was impressive and firmly established Mecum as a major fixture on the week's calendar. I'm looking forward to seeing what Mecum brings to the party next year. One thing's for sure — it will be unique and exciting. ♦ $5m $10m $15m $20m $25m 2011 2010 2009 Sports Car Market

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Mecum Auctions Monterey, CA ENGLISH #F160-1959 MGA twin cam roadster. S/N YD31212. Black/red leather. Odo: 196 miles. Paint mostly to show quality, minor orange peel on trunk and left rear fender, perhaps indicating repair. Subsurface scratching on trunk, which has slight bow. Panels otherwise laserstraight. Slight pitting on grille and hood vents, brightwork otherwise excellent. Front bumper mostly excellent, but thin in spots with some blistering, likely due to polishing, and cracking around gas cap. Brightwork very nice but bum- this will look like a good buy in a few years. Well bought. #S146-1937 BUGATTI TYPE 57 Ventoux coupe. S/N 57345. Black & French Blue/brown leather. RHD. Refurbished as needed, but unrestored. Paint uniformly orange peeled, thin in spots. Front fenders crazed, chipped, scratched. Lines on roof suggest a larger sunroof some time in the past. Rear side-windows caulked. Right trunk hinge broken. Ancient Pirelli spare, stone-hard Engleberts on car. All chrome pitted. Wood door frames rough but sound, jambs rutted. Interior tatty, numerous holes in dash wood, headliner cracked, window rubber detaching. Seats nicely broken in. Engine bay with slight tilt to driver's side. Left right wheel heavily out of round. New leather and carpets done very well, gauges as-new. Stainless exhaust fitted, undercarriage well detailed. Cond: 1-. SOLD AT $61,480. Said to be one of 2,111 twin cam MGAs built in 1959. Formerly owned by the founder of The Twin Cam Registry. Really nice cars like this have been commanding very strong prices in the last few years, so this sale was no surprise. Market-correct sale. #F190-1960 MGA roadster. S/N GHNL80137. Black/red leather. Odo: 2,995 miles. Well painted, but with sanding marks in places. Irregular paint on tip of nose and around gas cap. Passenger door wide at A-pillar, driver's door out at lower rear. Welting not straight. Brightwork mixed. Wears chrome wires on modern radials. Newish leather scraped at A-piller and on passenger's seat-back. Burled per chrome thin, also probably from polishing. Gasket on trunk hinge askew. Chrome wires very nice, spare painted; all on new radials. Halogen lights. New rubber throughout. Carpet looks almost new; leather with nice patina. Engine bay detailed but shows use. Obviously used and very well cared for. Cond: 2. SOLD AT $55,650. Most restorations should aspire to this level. A highly attractive and usable Healey in great colors that will make the new owner proud. Given the condition of the car and the fact that it was most certainly sorted, I'd say it was purchased at or slightly below market. Well done. FRENCH #S147-1925 BUGATTI TYPE 23 Brescia tourer. S/N 2743. Burgundy/black leather. RHD. Rebodied in touring barchetta configuration in the 1970s, original body style unknown. Arched wooden “deck” surface around passenger compartment. Paint well done but getting tired, crazing and cracking on fenders, repairs to both sides. Sanding marks on “stern” of boattail. Nickel dull but not pitted. Wood shows wear at stepping point into rear seat. Mixed gauges. Engine with great patina from use. needs TLC; modern Bosch coils visually jarring. Cond: 4. SOLD AT $371,000. Offered at no reserve from the Uihlein Collection. Mrs. Uihlein's daily driver through the '90s, and still solid mechanically. A sympathetic restoration would be mostly cosmetic and not leave the new owner upside-down, although that would destroy the charm that makes it so special. It's safe to say there will always be demand for an honest Bugatti like this one, and the price of admission is only heading in one direction, so I think the car was fairly bought. GERMAN #S138-1953 PORSCHE 356 Pre-A 1500S dash and gauges very nice. Engine and undercarriage cabriolet. S/N 60020. Gray/gray canvas/red leather. Odo: 2 miles. Higher output “S” spec engine. Paint very well applied, with correct sheen for period. Various nicks with some cracking on driver's door, engine lid, and where canvas top meets body. New rubber all around. Latching mechanism on passenger's door does not close properly. Modern headlights fitted. Restored steering wheel, Telefunken radio, new carpet and leather all tidy and well detailed. Cond: 2+. SOLD AT $25,440. A good comparison to lot F160, the similarly-liveried Twin Cam, though this car was a notch down in presentation. While some of the difference in price would be condition-related, by and large, the OHC models go for about half the price of a similar twin cam. Market-correct, with a slight edge to the buyer. #S83-1966 AUSTIN-HEALEY 3000 Mk III BJ8 convertible. S/N HBJ8L32718. Black & red/black vinyl/red leather. Odo: 70,788 miles. Original paint, interior, engine. Paint 106 Sold at no reserve. Cond: 3. SOLD AT $243,800. Despite their spindly looks, these are very sturdy little cars that enjoyed many successes on the race track. The SCM database draws a steadily upward price trajectory (300% increase in ten years), outpacing even their bigger, more glamorous siblings. In 2009, another Type 23 sold for $254,702 at Bonhams' Sydney sale. So even with the rebody, I think Sports Car Market

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Mecum Auctions Monterey, CA very nice, but dodgy paint detracts on dash and inside doors. Honey-finished oak door caps look garish and incorrect. Tidy underneath but not to show standards. Cond: 2+. NOT SOLD AT $150,000. The simplicity of its presentation came across as very authentic for an early Porsche. The 70-hp “S” engine must have been a revelation compared to the standard 55-hp 1500. However, the minor, easily correctable anomalies added up and made me wonder what else was not done to the highest standard. The final bid seemed like a ton of money for a car lacking concours-level attention to detail, especially when an equally nice Speedster (Lot 120.1) hammered for $160k earlier in the auction. #S133-1963 PORSCHE 356SC cabriolet. S/N 159051. Eng. # 61616. Silver/black canvas/red leather. Odo: 205 miles. Nearly perfect paint and gaps only let down by small scratches on front bumper and slight sag to passenger's door. Brightwork to very high standard. New top well fitted. Leather looks and smells brand new. Some orange peel on dash face. Rare “waterfall” dash, N.O.S. luggage rack, all-original glass with small wiper scratches. Underside and engine bay present as pers gouged and beginning to pit. Wiper blades black, arms gray. All new rubber. Both doors sag slightly. Some soiling and staining on headliner. Interior nice, but gauges slightly cloudy. Lock on driver's door falls out when door is opened. Cond: 2-. SOLD AT $29,150. Matching-numbers car equipped with 3-speed “Automatic Stickshift” transmission. Imagine a vehicle with 53 hp and a slushbox, and you will know why this was a rare option. The consignor did a very good job polishing and detailing and was rewarded for his work. While this sale might seem a bit spendy right now, it won't in a few years, and with the benefit of many a (very) leisurely Sunday drives in the rear view mirror. A good value. #S63-1980 BMW M1 AHG coupe. S/N WBS00000094301090. White/black leather. Odo: 6,725 km. One of ten M1 AHG cars built by BMW Motorsports. Factory-equipped with 350-hp engine (an upgrade from the standard M1 277-hp) and model-specific body parts. Panel fit to race car standards, bodywork a mix of metal and fiberglass, the latter with considerable cracking. Matte trim rough, driver's door sags and is missing knob on lock. Interior finish work OK for a track car, leather worn and cracking. Engine compartment looks used and experience. Everything is exactly where it should be and falls readily to hand or eye. Perfect sight lines. Once ensconced in the drivers “pod,” one feels ready for the 24 Heures du Mans. Back in the real world, the few recent sales of these cars show they've been trading in the range of $300k–$350k, well off their $400kplus delivery price. Unlikely to fall into the “used car” category like other exotics, but equally unlikely to appreciate anytime soon. Fairly bought. ITALIAN #S165-1954 MASERATI A6GCS MM racer. S/N 2065. Burgundy/bare metal. Original body by Fiandri. Engine and gearbox also original. Alloy panels with ripples and hammer marks, but in keeping with car's use and character. Uniform paint well applied but looks thick. Unfinished grille probably correct. Enormous drum brakes behind painted Borranis on period Blockley tires. Interior Spartan but tidy. Triple Webers in tidy engine bay. Honest and reassuring patina; looks like it could have just driven off the race track. Cond: 3+. NOT SOLD AT $1,700,000. The A6GCS was de- new. Cond: 1. SOLD AT $217,300. A magnificent restoration resulting in a magnificent price. Although the Certificate of Authenticity did not confirm the claims, this was said to be an early production prototype with most available options and some that were never offered to the public; possibly the 1963 Frankfurt show car. While this must be a world record for a non-Carrera/non-Speedster 356, I won't say it was overpriced. A nice piece of history for the Porsche collector who has everything. #T73-1968 VOLKSWAGEN KARMANN GHIA convertible. S/N 148656147. Red/black vinyl/black vinyl. Odo: 22,281 miles. Original top, headliner, carpets, seat covers, padding, head- and marker-lights, all in very nice shape. Trim-off repaint to factory standards. Brightwork mostly very good, chrome on bum- put away wet. Cannot be licensed in California, and likely other states, too. Cond: 3. SOLD AT $164,300. Built exclusively for race drivers and the very well connected, the attractive Giugiaro design lends itself well to aero bits and looks every bit a race car. But M1s were never successful on the track, save for BMW's own Pro Car series, which featured prominent drivers from various disciplines competing head-to-head in identical M1s. Garden-variety M1s have been trading regularly in the mid$100ks lately. Addressing this car's needs will not cost a fortune, so I'd have to call it slightly well bought. #S157-2005 PORSCHE CARRERA GT coupe. S/N WPOCA29875L001277. Silver/ Ascot Brown leather. Odo: 1,577 miles. Oneowner car. Exterior to factory standards, from splitter to diffuser: paint, trim, leather, carbon fiber all as-new. Lightweight doors shut with authority. Deep bucket seats and high console envelop driver and passenger. 15-inch carbon fiber/ceramic discs. Weight-to-power ratio 4.9:1. Carbon fiber monocoque. Retains fitted luggage. Said to be one of 1,270 units produced, 604 of which came stateside. Cond: 1. SOLD AT $355,100. A well veiled race car that distills nearly 60 years of on-track 108 signed by Gioacchino Colombo (of later Maranello fame) and was a very effective race car. This machine, #2065, enjoyed many successes during its career, including victory at the RAC Tourist Trophy, driven by one Jo Bonnier. One of my favorite cars at the auction in that it looked like it had been used as intended, but was very well cared for. No trailer queen, its value is in its history, originality and fully vetted state. As such, the bidding was at least $100k light. Consignor was looking for $2m– $2.2m. #S151-1960 MASERATI TIPO 60/61 “Birdcage” racer. S/N 2459. Maroon/gray metal. RHD. Straight, clean and unblemished. Likely no track time since restoration. Paint to race car standard. Body alignment straight and true, certainly better than new. On painted wires with chromed knockoffs. Mechanicals immaculate: engine, gearbox, rear end all squeaky clean and dry. Two huge Weber side drafts not stamped for type. New plexiglass Sports Car Market

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Mecum Auctions Monterey, CA windscreen around sparse cockpit with wood steering wheel and two covered demi-seats. Cond: 2+. NOT SOLD AT $1,850,000. authority. Brightwork pitted throughout, especially left front bumper. Cromodoras would buff out nicely, but original Goodyear G800 Gran Prix tires will need replacement for flaws, minor micro-scratching, and blister below fuel door. Chrome and stainless nearly perfect. Original EPA sticker still in buttress window. Campagnolo mags as-new. Original Michelin XWXs without major cracking. Rear lid mechanism sticky and hard to actuate. Doors shut very nicely. Interior mostly pristine. Chassis #2549 was originally delivered to Briggs Cunningham and was written off by Augie Pabst after several major East Coast wins later in 1962. The parts were stripped, and the chassis went to England. After a long while, #2549 was repaired and built up with replacement and replicated parts. The car now has its FIA papers, so ongoing bickering about its authenticity is inconsequential. With recent sales ranging from $1.7m to $3.3m (for the two-time 1000 Km Nurburgring-winner, sold at RM's 2010 Monaco sale, SCM# 160385), high bid looked fair. #S89-1972 FERRARI 365 GTB/4 Daytona coupe. S/N 14999. Dark Rosso Cordoba/tan leather. Odo: 9,700 miles. Stored in a warehouse for 30 years. Micro cracking and large paint cracks everywhere, especially around front wheelwells and fascia. Front bumpers cloudy and pitted, rears badly cracked. Front marker lights cracked. Brightwork in good shape but dull. Windshield delaminating at top. Rubber serviceable. Steering wheel and seats OK, felt dash and gauges as-new. Engine compartment and undercarriage dusty but oth- real driving. Seats sticky from reconditioning but still smell new. Rest of interior tired but usable. Engine compartment tidy enough. Cond: 3. SOLD AT $286,200. Here was your Dino restoration reference car: low miles, as built. Remarkably preserved, despite 30 years in what appeared to be a non-climate-controlled Texas warehouse. Unfortunately, cars like this can't be driven too much, as the huge premium paid over a fully restored Dino is due solely to the originality and low miles. Still, the hobby is fortunate that a growing number of collectors have the discipline to leave well enough alone. Not sure you could find another one like it, so well bought. #S99-1974 MASERATI BORA coupe. S/N AM11749V5682. Red/stainless steel/white leather. Odo: 55,143 miles. Described as original with “some new paint and most mechanicals rebuilt.” Paint dull and needs a good buffing. Some small cracking around vent, upper rear corner of doors and right front fender. Rear hatch slightly off. Stainless trim and roof in good shape. Undercoating rough, likely original. Slight musty smell inside. All leather drying or severely cracked, especially seats. Dashboard leather soiled. Gauges clear Headliner detaching at visor; gauge bezels show some scratching. Cond: 2+. SOLD AT $98,050. The best preserved of the three Texas barn finds. Like its sister the Dino (lot S88), this was a true time capsule but with even fewer miles. As with the Dino, it would be ill-advised to put too many miles on this car and risk breaking something. OK, I'd probably drive it for 19 miles to keep the odometer under a grand. Not that much more expensive than high market, so very well bought. AMERICAN #S148-1912 MERCER RACEABOUT roadster. S/N 350456. Yellow/burgundy leather. MHD. Originally a Runabout; converted to Raceabout configuration in the '40s or '50s by the owner. Subsequently won “Best Car of the Meet” award at AACA Lake Forest in 1951. Today, paint bright from 20 feet; up close, micro-blistered throughout. Rock chips too numerous to count. Cracks from stone impacts below fenders. Wood in good condition, possibly from older retrofit. Brass tarnished to erwise very good. Cond: 3-. NOT SOLD AT $325,000. Of the three Texas barn finds at this auction, this car was the most problematic. Many would advocate leaving it as it sat, original and unmolested. But sometimes original is not interesting or illustrative; like when vast sheets of paint are held on by packing tape. If it had 970 miles on it, that would be one thing, but with 9,700 miles, it should be driven. And sympathetically repainted, meaning no filler; leave the rest original. As a sorta-low-mile car in need of paint, it should have sold. #S88-1974 FERRARI 246 GTS Dino targa. S/N 8272. Rosso Corsa/black targa/tan & black leather. Odo: 2,910 miles. Gaps to factory standards. Paint bright and looks OK from 10 feet, crazed and cracking in places. Microscratching throughout. Targa top very good, with occasional small nicks. Doors close with 110 and crisp. Apart from lightly oxidized castings and staining around carbs, engine bay clean and neat. Cond: 3. SOLD AT $43,460. This car appeared neglected to me—not a good sign for a 37-year-old Italian exotic. Still, if the mechanicals were sound, all this car really needed was new seat covers, a little elbow grease, and lots of TLC, and someone could have themselves a nice driver on the cheap. Of course that's a big “if.” Not the quickest or most agile boy racer of the day, but still pretty cool. Fairly bought (hopefully). #S90-1974 MASERATI BORA coupe. S/N AM1177US1028. Blue metallic/brushed stainless/black leather. Odo: 980 miles. Remarkably preserved paint shows very few an attractive patina and quite lovely. Presto-lite tank for headlights. Engine compartment in asused condition. Cond: 3. SOLD AT $662,500. This and the Stutz Bearcat were some of the first race cars you could buy for the street. They trade infrequently, but genuine examples have ranged from $1m about a decade ago to $1.5m for the ex-Otis Chandler car, sold by Gooding in Oxnard, CA, in '06 (SCM# 43483). For a converted car in driver condition, I reckon it was well sold. #S76-1929 AUBURN Boattail Speedster. S/N GRX26706. Yellow & black/tan canvas/green vinyl. Yellow body paint full of pock-marks. Black fender paint appears to have Sports Car Market

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Mecum Auctions Monterey, CA been applied by roller; black trim touched up in spots with magic marker. Minimal prep work before paint, orange peel throughout, cracks on dash and door sills. Rear fascia and prow badly chipped. Brightwork pitted, chipped and tarnished. Green vinyl seats and carpet soiled. Black/black canvas/black leather. Odo: 11,969 miles. Straight as a pin. Paint very well applied, with some cracks on fenders from rocks underneath. Brightwork once top-quality but now shows some chipping and pitting. Wheels still very nice. Canvas top taut and well fitted. Interior wood nearly perfect, with one scratch creations, the car did win the biggest and most storied auto race in the world. So is the provenance worth a more than three-fold premium? There's only one, so yes. Fair sale. See profile on p.50. #S127-1931 PACKARD 833 coupe. S/N Wood running boards not correct. Cond: 4-. SOLD AT $159,000. Next to the later, more muscular Gordon Buehrig-penned cars, these early Speedsters look like playful young kittens. Somewhere though, this little kitty got abandoned and ended up leading a hard life. For a moment, I wanted take the poor thing home and give it the love it so desperately needed. But long before the $85k reserve was met, I saw her for what she really was: my Monterey Fright Pig. At this price the consignor must have thought he'd died and gone to heaven. #S112-1929 CADILLAC 341 Dual Cowl phaeton. S/N 322512. Two-tone brown/tan canvas/light brown. Older restoration circa 1982, when it won an AACA National First Prize, and is holding up remarkably well. Very slight cracking under well applied paint. Finish dry and thin on cowl, perhaps resprayed. Top relaxed but still well formed, with slight soiling. Canvas sidemount covers also soiled. Chrome still nearly concours. Undercarriage and engine bay dry and very well detailed. 46822. Teal/teal/brown cloth. Odo: 96,354 miles. Older restoration unwinding but still good driver quality. Paint well done but now shows miscellaneous cracks, blisters, and wear throughout. Window felt fraying, but rubber is pliant and largely intact. Door hardware pitting and passenger's handle very loose, but has excellent mechanical action. Chrome once to show quality, but now slightly pitting. Houndstooth upholstery either well preserved or newish, back window sash may be original. Engine compartment dry and well detailed with on passenger's door cap. Leather just breaking in. All indications are of an older concourslevel restoration holding very nicely and showing subsequent gentle use. Said to be one of three Waterhouse-bodied 745s known to exist. Cond: 1-. SOLD AT $249,100. This big twodoor commanded respect. Although I've never been a fan of disc wheels, the big chrome platters were absolutely perfect in this presentation. In addition to Packard, Waterhouse did custom coachwork for Cadillac, Chrysler, duPont, Marmon, Pierce-Arrow, Rolls-Royce and others. An estimated 300 bodies were produced over their mercurial five-year existence, but only 20 or so are now accounted for. For its beauty, rarity, condition and historical value, this car was well bought. #S147.1-1931 MILLER INDY RACER Bowes Seal Fast Special racer. S/N N/A. Eng. # 2. White/bare metal. MHD. Restored to 1931 Indy 500 victory livery. Body well fitted, with paint better than race car standard. Chrome very nice and likely better than raced, with many chromed parts that would have been unfinished in period, like suspension leaves and front axle. Wrapped steering wheel shows use. Hand-painted sponsor livery is correct for period. Miller engine neat and tidy, with obvious visual similarity to “modern” Offenhauser. Smooth-finished belly pans. Cond: 2-. SOLD tidy undercarriage. Offered at no reserve. Cond: 3. SOLD AT $42,400. This rakish car looked to be mechanically sound, as indicated by clear signs of use, enjoyment and care. The color scheme was probably period-correct for a sporty car, but to my eye did not fit an oldstyle Packard. As the car was in need of a respray, a color change may be in order, and at the purchase price wouldn't put the new owner underwater. With 100 hp and lots of torque on tap, this would be a good driver; I would like to have seen it in my garage. Well bought and sold. Wonderful casting detail on windshield frames. Period innovations include safety glass, electric wipers, and synchromesh transmission. Offered at no reserve. Cond: 2-. SOLD AT $122,960. Clearly used and well cared for. The larger 341 Cadillacs do well in the marketplace, with some sales of Dual Cowl cars in the last 5 years going upwards of $150k–$175k. This one was not as crisp as it once was, but its status as a fully vetted tourer made up for that, and I hope the new owner gets out and enjoys it. Fairly bought. #S153-1930 PACKARD 745 Waterhouse Convertible Victoria. S/N 185625. 112 #S161-1934 PACKARD SUPER EIGHT 1194 tourer. S/N 75011. Burgundy & black/tan canvas/brown vinyl. Odo: 5,561 miles. Looks like an older restoration that is holding up very well. Paint to near show quality with very light scratching. Good gaps. Brightwork to show-quality. All four doors sagging slightly. Minor delamination across top of windshield. Strange vinyl upholstery, albeit nicely installed. Dangling wires under driver's running board. Engine compartment tidy and confidence-inspiring, BEST BUY AT $2,120,000. Harry Miller was a prolific builder, his cars winning the Indy 500 nine times, and cars with his engines capturing several more. Within the last few years, publicly traded Millers have been selling for around $600k. While this one looked rather conventional compared to some of Miller's bolder Sports Car Market

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Mecum Auctions Monterey, CA but could use a good detailing. Underside not to show standards but clean and indicative of use and enjoyment. Cond: 2. SOLD AT $140,450. Seen at Christie's 2006 Greenwich auction, where it sold for $129,250 with beige fenders (SCM# 41889). Sold again for $231,000 at Gooding's 2008 Scottsdale sale (SCM# 48765). This very stately car, in what was referred to as “White House livery,” was indeed impressive, and its list of past passengers included General Eisenhower, Admiral Nimitz and FDR himself. Interesting that with such provenance it was not a 12-cylinder model. In the end, a very handsome, well kept and usable car, and given its history, well bought. #F47-1947 STUDEBAKER M5 pickup. S/N 47718. Green, black fenders/tan/vinyl. Odo: 74,100 miles. Trim-on repaint likely better than new. Driver's door handle about to fall off but still functional. Doors shut well. Multicolored tailgate lettering done by hand, not to quality of other paint work. Wood bed stakes with “Sinclair” signage. Good glass all around with most rubber OK or replaced, wing window seals perished. Engine bay tidy but modern voltage regulator and ten airhorns a major distraction. Interior correct except wooden steering wheel. Floor replaced, surface rust mounted to steering column. Town & Country radio seems out of place in a quasi-race car. Soft dash covering in good order, carpets mellowed, seat cover showing slightest wear. Huge supercharger dominates clean, tidy engine bay. Cond: 1-. SOLD AT $265,000. This striking ‘Bird recently sold at Mecum's 2011 Indianapolis sale this past May for $275,600 (SCM# 179366), so someone took a 5-figure haircut after shipping and entry fees. A rare and highly desirable car in excellent condition, the seller would likely have done OK if he'd just held onto it for a few years, so I'm curious about this quick flip. With only 99 more miles on it since Indy, it was one expensive joy ride. Still, this was very strong money, but for a very strong, rarely offered model. #F128-1957 HENNEY KILOWATT 4-dr sedan. S/N 1177780. Ivory/ivory & black leather. Paint very good with a few minor scuffs; gaps certainly better than a standard Dauphine. Most brightwork nice but needs buffing. Over-riders and pot metal trim a bit rough. New leather seat covers and carpet. Undercarriage restored. Powered by twelve golf cart batteries pumping out 72 volts. Cond: 1-. NOT SOLD AT $35,000. One of an esti- Rest of interior from older restoration or original. Radio delete. Engine bay tidy. New undercoating well applied. Paint on steel wheels does not match body color. No claim to matching numbers or as-delivered specifications. Cond: 2-. NOT SOLD AT $45,000. The auction description called this “all stock” with a “factory 409/390,” but I can find no reference to a 390hp version. Perhaps a typo. In the end, a cool car with a lot of red flags. The high bid should have been enough to close the deal. #S86-1964 PONTIAC GTO convertible. S/N 824P10424. Black/black vinyl/black vinyl. Odo: 10 miles. 389-ci V8, 3x2-bbl, 3-sp. Laserstraight panels. Paint nearly flawless. Chrome to factory standard, with slight bluing on lower front bumper. Stainless excellent, save minor scratching around bottom rear of convertible top. Rear fascia appears unrestored and is missing some paint between ribs. New top and interior very nice. Much of dash appears original. Gauge plastic slightly cloudy and some plastic “chrome” poorly repainted. Engine bay clean, with light staining on intake manifold. Cond: 1-. SOLD AT $148,400. A one-of-one triple- treated with POR-15 or similar. Cond: 2-. SOLD AT $19,080. Last sold for $25,358 at McCormick's 2010 Palm Springs auction (SCM# 168295). Studebaker hit the ground running after the war, selling over 23,000 of their M-series trucks in 1947. I dare say most were not equipped with oak bed and side stakes, or ten horns. This one's bare-bones interior (it did have a heater) and paper pulp door panels and headliner belied its true nature, and I, for one, would have preferred it as born: a realdeal work truck. Still, this dolled-up presentation, while not pristine, looked very usable and at the sale price could be used without guilt. Slightly well sold. #S159-1957 FORD THUNDERBIRD “D/F code” convertible. S/N D7FH202136. Inca Gold/Inca Gold/black & white vinyl. Odo: 105 miles. 312-ci supercharged V8, 3-sp. Said to be one of 15 pre-production “F code” cars converted from D specs by the factory. Paint beautifully applied and nearly flawless, has one small crack at base of rear glass. Stainless trim nice, rubber somewhat perished at rear window. Original McCulloch supercharger gauges 114 mated 100 cars built over two years, resulting from the odd marriage of CalTech, Exide, Renault and hearse coachbuilder Henney. Fewer than ten are thought to remain. They had respectable performance for the day, capable of 40 mph speeds and a 40-mile range, although probably not simultaneously. This car was redone to a very high standard and looked like a box stock Dauphine externally, so it has a coolness factor those Johnny-come-lately Prius owners will envy. #F45-1962 CHEVROLET BEL AIR 2-dr hard top. S/N 21537B251465. Ivory/blue cloth & vinyl. Odo: 51,974 miles. 409-ci V8, 4-bbl, 4-sp. Driver-quality paint with considerable staining and polish marks on trunk. Brightwork mostly straight but could use a good buffing. Doors open and shut well. New seat covers nicely installed and look correct. black GTO with Tri-Power and a/c, as confirmed by Pontiac Historical Services. With the poverty caps, this was one wicked-looking car. And with the top-of-the-line 389, she was all business (except for the air conditioning, radio and 3-speed). This sale blew all the price guides into the weeds by a factor of two or three, but the car was worth it. With bulletproof documentation of an odd but uniquely optioned, exceptionally restored car in triple-black (and those dog dishes), both parties should be very happy. #S121-1968 SHELBY GT500 fastback. S/N 67400F2U00643. Dark blue/parchment vinyl. Odo: 23,312 miles. 428-ci V8, 4-bbl, 4-sp. Hood and trunk gaps wide. Paint done to very high standard. Excellent stainless, front chrome very good but thin on back bumper, also with sanding marks. Center-mount driving lights. All new seals. Trunk per factory, including correct spare. Paint in door jamb not to Sports Car Market

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Fresh Meat Mecum Auctions Monterey, CA Online sales of contemporary cars. 2011 Chevrolet Corvette ZR1 same standard as exterior. New carpets, but vinyl may be original, as seats and right rear Date sold: 06/30/2011 eBay auction ID: 250880038919 Seller Type: Chevrolet Dealer Seller: John Keating Chevrolet, Crosby, TX, 281.328.1108, www.keatingchevy.com Sale Type: New car with 20 miles. VIN: 1G1YN2DTXB5800016 Details: Red over Black Leather. “6.2L supercharged V8 SFI with dry sump oil system, 638 hp @ 6500 rpm, 604 lb.-ft. of torque @ 3800 rpm.” Manual. 3ZR Package. Sale result: $96,100, 28 bids, sf 0. MSRP: $136,300 base Other current offering: Mac Mulkin Chevrolet, Manchester, NH, www.macmulkin.net asking $124,900 for similar red/black one. 2004 Lamborghini Gallardo panel show slight soiling. Period-correct battery. Some gas staining on intake manifold. Cond: 1-. SOLD AT $196,100. There was a lot to like here. The presentation appeared honest, and the car was not over-restored. Shelby pricing has softened a touch since the peak a few years back, and this was strong money for a coupe. But this car was much, much nicer than Lot S106, the KR convertible that did not sell at $170k, and I believe a solid investment and a good value. Both sides should be happy. #S141-1969 FORD MUSTANG Boss 429 Date sold: 08/29/2011 eBay auction ID: ZHWGU11S44LA01403 Seller Type: Private Party in Virginia Seller ID: thedanielsfamily_va Sale Type: Used car with 15k miles. VIN: SCBCU8ZA4AC064069 Details: Giallo Midas Pearl Yellow over black leather w/yellow stitching. 5.0L V10 makes 493 hp. E-Gear. AWD. Sale result: $87,100, 9 bids, sf 22. MSRP: $165,900 (base) Other current offering: Luxury Motors Imports, Hodgkins, IL, www.luxurymotorsimports.com, asking $95,999 for a yellow/black 2004 with 26k miles. 2009 Aston Martin V8 Vantage Roadster Date sold: 08/30/2011 eBay auction ID: 260840661634 Seller Type: Ford Dealer Seller: Capital Ford, Raleigh, NC, 800.849.3166, www.capitalford.com Sale Type: Used car with 1,152 miles. VIN: SCFBF04C99GD11964 Details: Light Metallic Blue over Gray & Navy Leather. Top color unknown. 4.7L V8 makes 420 hp. Automatic. 0-60mph in 4.7 seconds. Sale result: $99,900, 13 bids, sf 15. MSRP: $150,495 Other current offering: Orlando Infiniti Jaguar Aston Martin Lotus, FL, www.orlandopremiercollection. com, asking $100,000 for a silver one with 14,536 miles. ♦ 116 with factory tags and stickers in place. Spacesaver tire, period battery in trunk with corrosion damage treated. Cond: 1-. SOLD AT $296,800. Said to be one of 858 built in 1969. This sale confirms that prices for top muscle cars are still a bit soft, as this would have brought another $25k–$50k in 2007. However, there have been at least two other sales breaking $250k in the last year, so this price was not over the top. Strong money for a strong car, but I'll call it slightly well sold. #S87-1970 OLDSMOBILE 442 convert- ible. S/N 344670E123003. Ming Jade Metallic/black vinyl/gold vinyl. Odo: 3,282 miles. 455-ci V8, 4-bbl, 4-sp. A rare matchingnumbers 4-speed convertible 442. Green paint fastback. S/N 9F027172940. Red/black vinyl. Odo: 31,329 miles. 429-ci V8, 4-bbl, 4-sp. Paint to factory standard or better, with light orange peel above passenger's door. Cracked at lower corners of rear window. Drip-rail channels filled irregularly and rough. Chin spoiler slightly off-center. Interior very nice with many original parts, as evidenced by wear: cracking on driver's door panel, light tear in seat-back, trim paint on console. Underhood well detailed, is OK but looks overly metallic; gaps off at hood, trunk, and especially the doors. Some scratching behind driver's door. Wobbly freehand pinstripe over rear fascia. Top new and tight, but wrinkled. Sits high on 15-inch wheels and tall tires. Refinished steering wheel sticky and rough. Newly re-dyed seats. Door panels too shiny and don't match dash. Cond: 3. SOLD AT $63,600. Fewer than 3,000 442 convertibles were built in 1970, and only 549 of those were reportedly ordered with the M21 4-speed. So this was a desirable car and it deserved better than the quickie restoration it got. Unfortunately, the price paid for this car approaches upper market, and correcting the big-ticket items (paint, interior) will immediately put the new owner upside-down. Very well sold. #F101-1970 PLYMOUTH SUPERBIRD 2-dr hard top. S/N RM23VOA179702. Tor Red/“Gator Grain” black vinyl/white. Odo: 27,857 miles. 440-ci V8, 3x2-bbl, 4-sp. Multiple West Coast show award-winner. Two factory build sheets, all original sheet metal. Gaps to factory standard; hood bowed slightly. Paint better than new. Edges of “Plymouth” side decals no longer crisp. Gator Grain vinyl top very well done. Trim very nice but with slight gaps at bottom of A-pillars. Correct Goodyear Polyglas tires. Upholstery pristine in white and well fitted. With Hurst Pistol Grip shifter and working “Beep-Beep” horn. Underside as delivered, with engine bay very nice and not over-restored. Cond: 1. SOLD AT $169,600. Extremely well done and documented rotisserie restoration completed circa 2007. Hardly a nit to pick. Winning bid was a top-of-the-market price for a non-Hemi, but certainly not out of line given the quality of the workmanship. There should be no regrets on either side of this transaction. © Sports Car Market

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Bonhams Carmel, CA The Quail Lodge Sale The Frank Stella-designed BMW M1 realized a substantial $854,000 — almost four times what the best example with a stock paint job would do Company Bonhams Date August 18–19, 2011 Location Carmel Valley, CA Auctioneer Malcolm Barber Automotive lots sold / offered 65/128 Sales rate 51% Sales total $10,661,510 High sale 1957 BMW 507 convertible, sold at $1,002,500 Buyer's premium 1966 Porsche 906 Carrera Competition Coupe — $898,000 Report and photos by Donald Osborne Market opinion in italics salesroom setting. A sort of Art Deco theme, very crisp, clean and streamlined, it's another example of how the major auction houses are responding to the increasing competition between them to step up their game. The company continued with the two-day format initi- B ated last year, when they featured the mostly Porsche collection of the late Michael Amalfitano. The format worked very well then, taking away a bit of the feeling of a marathon that is common in big sales today. It also propelled them to $18.6m in volume in 2010, 30% above 2009's total. This year, things were not so rosy. While there were an additional 26 lots on offer, which included five Porsche competition cars, the overall total of cars and motorcycles sold dropped to $10.7m. Only one car sold above $1m, a lovely BMW 507 con- vertible that held the auction record for the model for a day until another sold for $70k more at RM. The second-highest sale was a racing Porsche, the 906 Carrera Competition coupe that sold for $898,000. It had been reported as a post-block sale by Bonhams in Paris after being taken to a $1,018,917 high bid. Still in pristine condition, with the original Spyder body sold with the car, it found a new buyer at what seemed a reasonable price. 118 onhams unveiled a new look for their annual Monterey week fixture at the Quail Lodge Resort in Carmel Valley. It began with a new design and layout for their catalog, which was echoed in the One of the stars of the sale was another BMW, this one an M1 Pro-Car painted to a Frank Stella design. Although the artist had done a CSL for the official factory “Art Cars” series, this M1 was commissioned by owner Peter Gregg. It was being sold by the Guggenheim Museum and realized a substantial $854,000 — almost four times what the best example with a stock paint job would do. Compared with the fine-art market, such a price is still a bargain. One of Stella's paintings can bring from $700k to $800k, so here, the new owner got the car practically for free. 14 motorcycles also featured in the sale, with five hammered sold on the block. Top among the two-wheelers was a 1928 Coventry-Eagle Flying-8, which brought a low estimate $265,500.It was not a great couple of days for Duesenbergs. None of the three cataloged sold at the hammer, including the most interesting, the “Father Devine Throne Car” Model J Bohman & Schwartz Town Car Landaulet. Clearly, the Bonhams team worked diligently to assemble a diverse group of vehicles to offer in Carmel Valley and stepped up their level of presentation in marketing them. But in the end, the lack of either a notable collection or a few truly stellar, headline-grabbing cars made the sale a bit of an also-ran. A total of $10.7m from the cars and motor- cycles on offer can certainly be considered a substantial figure, but this was the first year since 2007 that Bonhams didn't achieve more than $14m in sales during the Monterey week. The flush buyers who made records possible at some of the other August sales in California simply didn't spend what they could have at Bonhams. I don't think the company will let that happen again anytime soon. ♦ $5m $10m $15m $20m $25m Sales Totals 2011 2010 2009 2008 2007 17% up to $100,000, 10% thereafter, included in sold prices Sports Car Market

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Bonhams Carmel, CA CZECHOSLOVAKIAN #6-1957 TATRA 603 4-dr sedan. S/N 6480. Black & silver/gray & black cloth. Odo: 56,114 km. Thick paint is shiny, but shows cracks and splits. Taillight Chrome fair. Interior shows some wear on lenses faded. driver's seat and steering wheel. Large modern stereo fitted. Cond: 4+. SOLD AT $38,610. Big rear-engined post-war V8, the transport of choice for the communist Czech nomenklatura. Casually refurbished rather than restored, this was offered by an SCMer who specializes in offbeat motors. The price paid was right. ENGLISH #432-1925 BENTLEY 3 LITRE Supersports roadster. S/N 1161. British Racing Green/black leather. RHD. Odo: 9 miles. Dull bright trim looks right on this car. Very good paint shows a couple of stress cracks. Nicely settled interior, somewhat faded instruments. Body constructed in 1987. Cond: 2-. SOLD AT $601,000. Said to be one of 18 high-performance Supersports built, this A very important Bentley, still wearing its original Vanden Plas body—a fairly big deal for these cars. Christie's sold this car back in 1981 for an impressive $103,553 at Beaulieu (SCM# 20630), then again for a massive $479,638 five years later at their 1986 sale at Hendon (SCM# 11892). The $2m-plus valuation today seemed in line with the long-term appreciation curve, but the seller was looking for more. #431-1933 ROLLS-ROYCE 20/25HP sports coupe. S/N GLZ22. Black & gray/black leather. RHD. Odo: 40,052 miles. Somewhat variable panel fit. Well applied paint shows only a few small stone chip touch-ins on front fenders. Very good bright trim. Nicely brokenin seats, superb wood trim. Cond: 2-. NOT SOLD AT $105,000. An elegant coupe, typical of the best work from the Gurney Nutting firm. Bentley simply oozed character, and its convoluted history of engines and bodies is perfectly acceptable in the Bentley world, as long as it's all documented. The car sold previously at Bonhams' December 2008 London sale for $409,220, where our reporter described it as “shiny” and said, “Priced right in dollars, but needs a few years to mellow” (SCM# 118724). Today the fortunate new owner paid a respectable price. Strangely, it still showed 9 miles on the clock. See profile on p. 42. tourer. S/N BX2421. Eng. # DH2201. Black/black/green #430-1927 BENTLEY 6 1/2 LITRE leather. RHD. Variable panel fit. Good older paint shows stress cracking. Bright trim is fine but a bit dull. Interior is a mixture of old and renewed, presenting well overall. Cond: 3+. NOT SOLD AT $2,200,000. November 2011 119 The 20/25 model still has the reputation of being a bit of a slug, sort of a '30s R-R 190SL to the bigger Phantom II. Meant for ownerdrivers, they had a different purpose then. Today, they are very rewarding to drive and some, such as this one, have coachwork that is outstanding. The car deserved the $125k low estimate, rich though it was. #407-1947 BENTLEY Mk VI drophead coupe. S/N BI36BH. Eng. # B68B. Dark blue/navy canvas/tan & beige leather. RHD. Odo: 401 miles. Clearly an older restoration

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Bonhams Carmel, CA now very mellowed. Good panel fit. Paint somewhat thick, but shiny. Good bright trim. Interior shows some wear and fit issues. Aftermarket a/c added. Cond: 3-. SOLD AT $117,000. This Swiss-bodied Mk VI looked sober and elegant, somewhat reminiscent of a Mercedes 300S. A saleroom notice advised that it did not come with history papers, which may have held down interest. At the price sold, well bought, with room for improving it. #445-1957 ASTON MARTIN DB2/4 Mk II coupe. S/N 3001268. Eng. # VB6J895. Red/red leather. Odo: 66,451 miles. A very complete, and very fragrant, barn find. Very good panel fit. Paint is matte, bleached, cracked, and rubbed. Bright trim is not, but there. Seats mostly complete, with rodent nests executed. Superb instruments and crackle-finish dashboard. Fewer than 350 said to have been built. Cond: 3+. NOT SOLD AT $67,000. Triumph's distributor in Italy conceived of this sexier TR3. Designed by Giovanni Michelotti, the shape hinted at his later TR4. This one was stunning at 5 feet, but the details were lacking. It deserves a more thorough restoration. Not surprising that it failed to sell here. #401-1962 AUSTIN-HEALEY SPRITE roadster. S/N HAN6L5479. Red/black vinyl/black vinyl. Good panel fit, per factory. Shiny paint has areas of orange peel, which is OK, and some shrinkage, which is not. Well done interior. Nice instruments and wheel. recently removed. Cond: 5-. SOLD AT $87,750. Bonhams sells Astons like this better than anyone. While they are not cheap to restore, this should be a fairly straightforward project. With excellent examples selling in the $200k area, this was not a bad buy at all. #12-1958 MGA roadster. S/N 39765. Ivory/red leather. Variable panel fit. Good paint and chrome. Well presented interior, with aftermarket wood wheel. Contemporary stereo fitted. Period Judson supercharger installed. Cond: 3+. SOLD AT $32,760. A somewhat Cond: 2-. SOLD AT $18,720. The “Spridget” is a perfect starter sports car, easy to restore, maintain and run. This one was adorable and a star of the preview, with lots of attention paid. It brought just above the $15k high estimate, deservedly and unsurprisingly. #456-1963 ROLLS-ROYCE SILVER CLOUD III drophead coupe. S/N LSDW87. Silver Sand/brown Everflex/brown leather. Odo: 20,172 miles. Excellent paint and chrome. Very good panel fit, except right door slightly out at rear edge. Original seats in fine shape, instruments very nice. Dashboard trim shows customized—or better, personalized—MGA roadster. The Judson supercharger gave it some added go, the bumpers without overriders and the cut-down windshield added some show. Overall good presentation, but a stock restoration might have realized as much money if not a bit more. #27-1961 TRIUMPH ITALIA 2000 coupe. S/N TSF23LC00. Red/tan leather. Odo: 43,903 miles. Shiny paint shows some orange peel, casual bodywork evident in door openings. Variable panel fit, both doors out at rear edge, left door very hard to open. Attractive interior, with some upholstery details not well 120 some bubbles in varnish. Equipped with Becker Mexico Grand Prix radio. Originally owned by Sammy Davis Jr. Cond: 2-. NOT SOLD AT $400,000. A stunning car in great colors, this Sports Car Market The homologation special built by Lotus for Ford racing. It's rare to see a totally unmodified street driver Lotus Cortina, and this was a California car from new. The catalog suggested it would be a great base for a vintage racer—I hope the new owner refurbishes it as a street car. The price looked a bit rich, but find another. #39-1966 JAGUAR XKE 4.2 Series I coupe. S/N 1E30635. Sand/black leather. Odo: 28,679 km. A barn-find discovery. Very good panel fit. Paint still shiny under layer of dust, but shows bubbling and flaking on panel edges. $33,930. A California “black plate” car, this appeared well used, well cared for, and not restored. Considering the indicated mileage, it seemed a bit tatty but not bad. Said to have had $10k spent on it 16 years ago, so it's probably missed two rebuilds during that time. At this price, quite well sold. #19-1965 LOTUS CORTINA Mk I 2-dr sedan. S/N BA74EK59800. White & green/black vinyl. Paint a bit dull, showing chips, rubs, and scratches. Bright trim fair. Good panel fit, per factory. Interior not actually bad, but shows some soiling and has a general air of neglect. Cond: 3-. SOLD AT $42,120. was very well presented. These are rare and special cars which command a substantial price when well sorted. This one appeared to be, but serious interest in the room seemed lacking. #18-1964 LOTUS ELAN S2 roadster. S/N 264086. Red/black vinyl. Odo: 27,053 miles. Paint is presentable, but shows many polish scratches. Very good gaps. No major defects visible in body panels. Interior a bit disheveled but not worn excessively. Cond: 3. SOLD AT

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Bonhams Carmel, CA Most chrome is dull and pitted. Nicely worn interior. Cond: 4. SOLD AT $128,000. Star designer Raymond Loewy's personal vision of the Jaguar. I thought it was neat, others were less moved. Well sold certainly, but perhaps bought fairly as well. #32-1973 JAGUAR XKE Series III con- vertible. S/N UDIS21717. Eng. # 7S9837LB. Red/black vinyl/tan leather. Odo: 22,366 miles. Very good panel fit. Excellent paint, good chrome shows some light pitting. Tidy interior shows wear appropriate for indicated mileage. Cond: 2-. NOT SOLD AT $68,000. The desir- hardware looking a bit dull. Cond: 3+. SOLD AT $42,120. The flathead French Ford, bodied by Facel. A poor man's Facel Vega. I thought it was very cool, but in order to be more than just an interesting driver, this one needs it all done again. Fairly priced. GERMAN #440-1957 BMW 507 roadster. S/N 70038. Hershey “French Curves” award in 2011. Cond: 1-. NOT SOLD AT $950,000. Powered by a version of the 35B Grand Prix car engine, the Type 43 is preferred by some over the Type 57 for its driving dynamics. Superbly presented, this one clearly did not generate the bidding it deserved. sedan. S/N 200128. Eng. # 200128. Claret & ivory/beige #14-1937 PANHARD X76 Dynamic 4-dr cloth. MHD. Odo: 10,106 km. able manual-shift V12, and very well presented. The distinctive charms of the Series III XKE are becoming more widely appreciated. What they may have given up in svelte looks they more than make up for in smooth, fast, luxury touring. This car was certainly worth far more than the high bid offered. #8-1987 MARCH-COSWORTH 87C racer. S/N 87C06. Blue & yellow/black vinyl. MHD. Clean and complete, ready to display or drive. Fitted with Cosworth turbo V6. Understood to have been driven thirteen times by Michael Andretti in his 1987 championship First appears in SCM database at Christie's 2004 Retromobile sale, where it was a no-sale at $58,553 (SCM# 32531). Next, Artcurial sold it in Paris in 2007 for $70,230 (SCM# 44547). The car appeared stateside at Bonhams' 2010 Westport, CT, sale, changing hands for $90,675 (SCM# 167040). It returned to its 2007 price level this time around, and hopefully someone will use it now. Fairly bought and sold. season. Cond: 2. SOLD AT $58,500. Simple mechanicals make cars of this era the last modern open-wheelers that can be run economically. I think the language used to describe the car's history, plus no mention of recent use, may have affected bidding. Price looked fair. FRENCH #444-1930 BUGATTI TYPE 43 Supercharged roadster. S/N 43286. Eng. # 133. Dark blue & black/navy blue/red leather. RHD. Odo: 427 km. Ex-Richard Adams, restored by marque specialist Jim Stranberg. Very good paint and bright trim. Excellent panel fit. Superb interior with beautiful dash and instruments. Took third in class at Pebble Beach in 2006 and earned the Elegance at 122 $115,000. This was a California car with long first-owner history, offered directly from a freshening by an SCMer restorer/dealer. These are very expensive to restore correctly, and this was a very good example. They can bring $150k, but this one wasn't really sharp enough. $200k would have been a long stretch. Sports Car Market #459-1953 FACEL FORD COMÈTE coupe. S/N 1016. Green/natural leather. Odo: 62,501 km. Good panel fit. Paint shiny but thick, showing some orange peel and microblistering. Good chrome. Casually done interior with fabulous stainless dashboard and door Wacky center-drive French pre-war luxury car with sleeve valve engine. A concours winner in its native France some years ago. Paint now has some scratches and swirls. Doors and panels look good. Interior not bad. Center-mounted steering wheel is a bit startling. Cond: 3+. SOLD AT $76,000. An auction frequent flyer. cars, and has established itself in the market as a star. This one was last seen at the Brooks Amelia Island sale in March 2000, where it was a no-sale at $150k, then in white-over-red, and looking sort of tired (SCM# 12040). How times change. The high sale of the auction, this nice (but not great) car sold just under the new record price for the model, set by RM across the peninsula. This sale now represents the current market. #44-1960 MERCEDES-BENZ 220SE convertible. S/N 128030109502076. Silver/black canvas/black vinyl. Odo: 12,051 miles. Top-of-the-line Ponton cabriolet. Superb paint, chrome shows some light pitting in areas but generally very good. Somewhat variable panel fit. Very nice interior with well restored wood trim. Cond: 2+. NOT SOLD AT Eng. # 40937. Blue gray metallic/navy canvas/gray leather. Odo: 18,447 km. Very good paint and chrome. Somewhat variable panel fit. Seats have nice patina. Clean dash, beautiful wood wheel. Carpets show some soiling. Equipped with factory hard top and Becker Mexico radio. Cond: 2-. SOLD AT $1,002,500. The 507 is one of the most desirable '50s sports

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Bonhams Carmel, CA #24-1966 PORSCHE 906 Carrera Competition coupe. S/N 906007. Eng. # 906153. White & red/red leather. Run in Australia and Southeast Asia for most its life as a Spyder; a new coupe body was fitted in 2009. Bodywork presents as perfect today, interior like new. Sharing its chassis number with an 8-cyl factory car, this one's history is known from new and documented. Original Spyder bodywork included. Cond: 1-. SOLD AT putting repro panels on the chassis and driving the heck out of what is basically a low-mileage M1. At the price paid, I think it's going to be complete artwork. #453-1986 PORSCHE 962 IMSA GTP racer. S/N 962121. Eng. # 361. White & black/black velour. RHD. Very good bodywork shows the lightest signs of use. Clean interior. Winner of the 1987 and 1988 12 Hours of Sebring. Cond: 1-. SOLD AT $810,000. The $898,000. Ex-Alan Hamilton and Teddy Yip. Seen at Sotheby's Melbourne Australia sale in November 1986, where it sold for $386,836 (SCM# 22156). It was reportedly sold postblock at Bonhams' Paris sale in February 2010 after a no-sale high bid of $1,018,917 (SCM# 168823). Either the new owner decided it wasn't for him or just went for an unsuccessful quick flip. Either way, the new owner paid an appropriate price for a very nice car. #10-1967 PORSCHE 911 coupe. S/N 308221. Eng. # 911966. Silver/black vinyl. Good panel fit. Generally nice paint, with some slight color variances from panel to panel. Excellent bright trim. Interior fresh and show- 962 is one of the most successful and wellknown Porsche competition cars, and this example had a great track history, having been used at the hands of such drivers as Jochen Mass and Bobby Rahal. More of a concours car than a track car lately, but uniquely suited to either role. Market price paid. ITALIAN #16-1927 LANCIA LAMBDA 7th Series SWB roadster. S/N 16140. Eng. # 6185. Black/black/dark red ing little wear. Cond: 2-. SOLD AT $58,500. Early 911s have been rising in popularity and value as more discover their discreet charms. This car was well restored, but not spectacularly so, and as such did not command the highest of prices. Would serve as a nice driver. well sold. #15-1979 BMW M1 Frank Stella Pro Car coupe. S/N 94301053. Multicolor over white/blue & green plaid. Very good panel fit. Paint shows some rubs and light scratches, plus a few chips on front spoiler. Interior clean, stripped, and fitted with full cage, per Pro Car spec. Not a BMW official Art Car—artist Stella designed a 3.0 CSL Turbo for the factory—it nonetheless fits into the canon. Cond: 2-. SOLD AT $854,000. Ex-Peter Gregg, being sold by the Guggenheim Museum. Stunning, yes, but what to do with it? Many suggested removing the body and hanging it on a wall, November 2011 leather. RHD. Odo: 15,733 miles. Coachwork by Casaro. Paint totally faded and distressed, but all panels straight with excellent panel fit. Leather still soft, door panels complete, mixture of instruments in dash. Original U.S.-delivery car. Although called a 1927, actually built in October 1926. Wears 1984 NY state registration sticker. Cond: 5-. SOLD AT $202,800. Stunning car on a Lambda chassis. Although the Lambda is noted for being the first unit-bodied production car, there were some customs built on the platform. 123

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Bonhams Carmel, CA The Casaro roadster is sleek, sporty, and elegant. While many at the preview fantasized about preserving this car, I think it's just past the possibility. Very complete and straight, it would restore beautifully. It's hard to imagine this price a short time ago. Well sold. #4-1948 FIAT-CISITALIA TWO- SEATER replica racer. S/N 5295149. Eng. # 275415. Silver/red leather. RHD. Some bubbling, chips, and rubs on shiny paint. Mattefinished cycle fenders show smudges. Baggy seat upholstery in simple cockpit. Cond: 3-. Show car, said to be one of 34 Vignale-bodied 212 Inters. Cond: 3+. NOT SOLD AT $920,000. The quintessential early street NOT SOLD AT $60,000. An evocative re-creation of the early post-war Fiat-based Racing Special, well executed. This car has been on offer for a while and, frankly, would probably find its best market in Europe. Without actual pedigree it was a tough sell today. #41-1950 LANCIA AURELIA B50 cab- riolet. S/N B501159. Eng. # B101797. Navy blue/beige canvas/brown leather. RHD. Odo: 74,816 km. Good panel fit. Shiny paint is very thick, showing various flaws. Bright trim good, but car is fitted with incorrect 6th-series Aurelia B20 wheels and hubcaps. Interior shows a nice level of wear, as well as a few aftermarket gauges mounted under the dashboard. Fabulous original Condor radio. Cond: 4+. NOT SOLD Ferrari, with a balance of style and aggression. This example sits in an uncomfortable place between preserved and restored, with fresh paint, some newer chrome, and original interior. Perhaps it would have been better left unpainted. I also wonder why the broken driver's window was not repaired. High bid was surely close. #427-1956 FIAT 1100 TV 4-dr sedan. S/N 297717. Olive metallic & gray/blue & green cloth. Odo: 93,147 km. Largely original, not restored, just lightly refurbished. Good panel fit, per factory. Somewhat dull paint shows scratches and chips in areas. Fair bright trim. Worn carpets, faded original mats, fitted seat covers. Soiled original door panels. Driven in the MM Storica in 2002 by late Italian racer Gino Munaron, has his autograph on the hood. cracked. Interior shows as very original, with seats worn but not torn, and some scuffed panels. Instruments good. The 1953 New York didn't happen here, and the new owner got a very good buy. #463-1961 MASERATI 3500 GT convert- ible. S/N 1011295. Eng. # 1011295. Red/black canvas/beige leather. Odo: 63,082 km. Very good panel fit, except left door out at rear edge. Mostly shiny chrome, handles a bit faded. Strange marks in steering wheel spokes, interior otherwise excellent. With disc brakes and carburetor conversion. Cond: 2+. SOLD AT $359,000. Nicely presented, very desirable open Maserati. The Spyders have come up quite a bit from five years ago but lag far behind comparable Aston Martins (same for the closed models). Although I abhor pulling the injection in favor of carbs, the market still doesn't seem to mind. Given the condition, price paid was market-correct and still a bargain for the buyer. BEST BUY Cond: 4+. SOLD AT $25,740. Hot spec Fiat middle-level family sedan, a popular Mille Miglia entry when new and now. While AT $70,000. Most of these Pinin Farina-built cars were sold by Lancia dealers, while the coachbuilder sold some slightly custom versions themselves. This one was a dealer car. I've owned a B50 Aurelia and can attest to the challenge of finding parts for the 1,750-cc V6. This car's engine needed work, in addition to paint and a general sorting of details, all of which kept bidding restrained. Even with the Euro discount, there were no takers. #426-1953 FERRARI 212 INTER coupe. S/N 0285EU. Eng. # 0285EU. Red & black/tan leather. Very good paint. Most bright trim is in nice shape, with a bit of fading on original badges. Excellent panel fit. Driver's window 124 Munaron was very well known in Italy, his fame is not what'd you call “international.” The only likely celebrity effect was that the car could probably be admitted back into the Storica, which has some value. #1-1960 AUTOBIANCHI BIANCHINA Transformabile coupe. S/N 110B025484. Red & white/black vinyl/red & black vinyl. Odo: 19,206 km. Good panel fit. Shiny paint and chrome, but has a few waves visible in rear bumper. Excellent interior, let down only by crazed horn button. Cond: 2+. SOLD AT $30,420. The upmarket alternative to the Fiat 500, and almost terminally cute. This example was nicely presented in attractive colors without being overdone. The bidding frenzy which sometimes accompanies these diminutive cars #422-1962 AUTOBIANCHI BIANCHINA Panoramica wagon. S/N 120B078104. Green & gray/Melon vinyl. Odo: 85,039 km. Very good panel fit, per factory. Somewhat thick paint shows bubbling and stress cracks here and there. Fair-to-good bright trim, nose badge missing. Good interior has slightly soiled seats. Huge modern sound system installed. Cond: 3-. SOLD AT $14,625. Cute, in Italian used-car condition rather than collector condition. This is what you would pay in Italy, then add on the expense and hassle of shipping. Well bought. A neat, fun car easily improved. Sports Car Market

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Bonhams Carmel, CA #434-1962 MASERATI 5000 GT coupe. S/N 103046. Eng. # 46. Dark blue metallic/cream leather. Odo: 54,353 km. Generally good panel fit. Very good paint has a few small touched-in chips. Excellent chrome. Light-colored seats show some soiling. Instruments very nice. With FrigiKing a/c. for only eight years, finishing in 1914. They were expensive and fast, aimed at a select clientele. That collectors of the caliber of Finn and Lester would have owned this car tells you a great deal. It certainly deserved more money than offered here. #410-1916 CRANE-SIMPLEX MODEL 5 7-passenger touring. S/N 2178. White & orange/black vinyl/black leather. Odo: 84,270 miles. Very high level restoration now well mellowed. Good condition older paint shows some small stress cracks. Very nice bright trim. Panel fit even and consistent. Seats show abun- leather body panels show a few rubs and wrinkles. Fair bright trim, very good bumpers. Excellent steer horn. Cond: 3. NOT SOLD AT $300,000. The so-called “Tom Mix Duesenberg,” with unique, to be charitable, body. Still a Model J underneath the miasma of '50s body panels; the parts alone would be worth more than the high bid here today. #420-1937 DUESENBERG MODEL J “Throne Car” Limousine Landaulet. S/N 2613. Eng. # J587. Green/black leather & green cloth. Odo: 3,968 miles. The longest, widest, heaviest Duesenberg ever built, used by notorious early megachurch preacher “Father Divine” of NYC. Excellent paint and chrome. Very Cond: 2-. SOLD AT $557,000. The King of Maseratis, the 5000 GT has most often been a bridesmaid at auction, seldom getting the groom. It was good to see this one actually sell. The price was appropriate for condition, which needs a bit of tightening up. This was a good buy on these woefully undervalued supercars. AMERICAN #428-1911 SPEEDWELL 50HP Toy ton- neau. S/N 1063. Blue, black & gray/black canvas/black leather. RHD. Odo: 12,387 miles. Good paint shows some orange peel and a few rubs. Brass trim worn but presentable. Very good seats, excellent dash panel. Ex-Joel Finn and Tom Lester. Cond: 2-. NOT SOLD AT $170,000. The Speedwell company built cars dant patina. Excellent dashboard wood and instruments. Cond: 2-. NOT SOLD AT $122,000. Impressive example of one of America's finest automobiles. This car last sold for $198,000 at Gooding & Company's 2007 Pebble Beach sale (SCM# 47812). It brought nowhere near the same interest this time, and the white-andorange color scheme was no doubt a factor. Striking, but rather garish for such an elegant car. #435-1932 DUESENBERG MODEL J “Tom Mix” Speedster. S/N 2522. Eng. # J462. Burgundy & tan leather/tan & brown leather. Good panel fit, except hood sides. Paint is nice, good panel fit, except both rear doors slightly high at opening edge. Interior fresh and unmarked. Particularly impressive dashboard. Equipped with elevating throne. Cond: 1-. SOLD AT $400,000. The celebrity association didn't seem to have much weight here, and the rather modern, slightly ungainly bodywork by Bohman & Schwartz did the chassis no favors. Given the condition, high bid would have been a considerable discount, more like the price for a re-body with stories. Post block deal was reached shortly afterwards at the high bid. #13-1950 CADILLAC SERIES 61 cus- tom convertible. S/N 506281048. Pearlescent blue/beige canvas/pearl metallic leather. Odo: 57,291 miles. Excellent panel fit, superb paint and chrome. Only flaw in well executed interior is bubbling on steering wheel chrome. A Rod & Custom cover car. Extraordinary build quality and attention to detail from noted builder Rick Dore. Has totally stock drivetrain under custom body. Cond: 1-. NOT SOLD AT $110,000. Very, very well done. I have never understood why customs are offered at auction, as the audience for any one car is always so thin. No surprise the owner didn't accept the high bid here, given the likely build costs. © 126 Sports Car Market

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Russo and Steele Monterey, CA Sports and Muscle at the Monterey Marriott Russo achieved a boost of nearly $500k over last year's numbers, as well as a 65% sell-through rate—a significant improvement over 2010 Company Russo and Steele Date August 18–20, 2011 Location Monterey, CA Auctioneers Brian Marshall and Jeff Stokes Automotive lots sold / offered 144/222 Sales rate 65% Sales total $8,507,336 High sale 1966 Ferrari 275 GTS, sold at $654,500 Buyer's premium Russo's noisy, crowd-pleasing downtown lineup Report and photos by Ray Nierlich Market opinion in italics lots could be previewed, it was business as usual for the Scottsdale-based company. Drew Alcazar and Co. continued R their signature high-energy-yet-intimate auction-in-the-round style, and again, a variety of both high-end and affordable consignments rolled down a cordoned-off Calle Principal and into the Marriott's ballroom. At this year's event, Russo achieved both higher sales totals ($8,507,336 in 2011 compared with $8,034,975 in 2010) as well as a higher sale rate (65% in 2011 compared with 42% in 2010). So, happy times are here again for Russo and Steele, right? Sort of. While $8m-plus in sales is nothing to sneeze at, nearly all of the competing auctions during the Monterey car week posted much higher numbers over what they achieved last year. Unfortunately, the effects of the Great Recession continue unabated for the majority of mid-market, affordable Sports and Muscle enthusiasts, who historically comprise Russo's breadand-butter clientele. Race cars, of which Russo featured several, continued to be a tough sale. The company still did good business, selling 11 out of the 20 or so Detroit Iron battleships Thursday evening in their featured “Golden Era of Cars.” But in general, only the topquality lots posted higher numbers. 128 usso and Steele's “Sports and Muscle” Monterey auction returned in August to the Monterey Marriott for the 11th time, and aside from a much-improved parking area where This year's high sale was a 1966 Ferrari 275 GTS at $654,500. Originally sold, then returned to the selling dealer within the first year, this desirable Ferrari sat in the dealer's collection until 2008. After this sale, the next highest-priced lot was a 1973 Porsche Carrera RS 2.7 at $286,000. The next eight highest sales followed in close succession. A very original 1970 Plymouth Hemi Cuda sold at $198,000. The one-of-97-built 1959 DeSoto Adventurer convertible was the highest seller of the '50s convertible collection, selling at $192,500. Then came the superb 1970 454 LS6 SS Chevelle “pilot car” and a slightly disappointing 1974 Dino Ferrari at $181,500 each. FDR's 1935 Lincoln Model K V12 Phaeton parade car was the highest full classic sale at $165k. A 2008 Porsche GT-2 and a 1970 Ferrari 365 GT made $176k and $165k respectively. It has been a long wait for you Shelby aficionados, but here she is, the only Shelby Mustang in this year's sale: a 1967 GT500 sold for $156,750. The highest Corvette sale was a gorgeous, restored 1959 convertible at $92,400. Notable no-sales included an impressively large '57 Bonneville Fuelie convertible, the exceptional '67 427/400 Corvette convertible, and the '67 Pickett 427 Corvette race car, all of which generated interest on the block but failed to find new homes. The bargain you'll be kicking yourself for missing at Russo's Monterey event in 2011? There were several. But for me, it was the very original, black, 4-speed 1973 V12 E-type Jaguar roadster, which sold at $30,250. I should have bought it — I shall resume kicking myself now.... ♦ Sales Totals $3m $6m $9m $12m $15m 2011 2010 2009 2008 2007 10%, included in sold prices Sports Car Market

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Russo and Steele Monterey, CA BRAZILIAN #TH272-1977 PUMA GT coupe. S/N SP1023202. Red/gray cloth. Odo: 40,351 miles. Fiberglass-bodied coupe on VW floorpan, produced in limited numbers from 1967 to 1985 in Sao Paolo, Brazil, by Italian immigrant Genaro Malzoni. Straight body with a fair red and the Lime Rock Rolex fall vintage festival. Now with approximately ten hours on normally aspirated 3.4 engine. Full coil-over suspension, adjustable sway bars, modern BBS and original Ronal rims included. Cond: 2+. SOLD AT $115,500. A very desirable racing 911 with great provenance. It still looked crisp after various vintage race exploits. Race cars remain a tough sell, but this was a good one and managed to find a good new home. Fairly bought and sold. #S652-1973 PORSCHE CARRERA RS respray of a yellow car. Interior good. $17k in receipts for recent mechanical work, including $8,500 engine rebuild. Cond: 3. SOLD AT $18,700. A rare sight in the U.S. and never going to be an investment. As fiberglass “kit” cars go, one of the more interesting, admittedly. ENGLISH #S639-1954 JAGUAR XK 120 roadster. S/N F5983. Old English White/tan cloth/black leather. Odo: 48,840 miles. Older paint, a few thin edges and slight cracking. Panel fit and gaps typical, door hinges very good. Minimal body rot evident. Brightwork has some weathering. Fitted with pair of driving lights. Fresh, very nice, correct interior. Engine and gearbox rebuilt 5k miles ago. Last year of the XK 120 roadster, with famed DOHC XK engine, 4-speed gearbox, torsion bar independent front CA car. Certificate of authenticity included. Cond: 2+. SOLD AT $30,800. A correctly drab example. I would be very wary unless an inspection on a lift was performed first. At $30,800, no harm done, as long as the new owner knew he was gambling. #S655-1972 PORSCHE 911 IMSA RSR suspension, and drum brakes. New Jersey car. Private party owner present at sale. Cond: 2-. SOLD AT $75,900. As most Jag buffs will tell you, a good one is great, but buy the wrong one and it will show you that you didn't really know the meaning of pain. This example, while not particularly flashy, was an honest car. Always look for good bones like this one had, and maybe you can skip the horror stories others warned you about. Market-correct. #S612-1966 SUNBEAM TIGER convert- ible. S/N B382000391LRXFE. Arctic White/black vinyl/black vinyl. Odo: 86,311 miles. MK 1A Tiger, authenticated by Tiger club, build sheet provided. Fresh rotisserie restoration. Lots of paint over typical Rootes 130 Sports Car Market racer. S/N 91121100224. Blue & yellow/black cloth. IMSA race car of Gary Auberlen and son. Competed in 43 events from 1979 to 1990. Took 1st in (GTU) Sebring 12 Hours in 1985 and 2nd in (GTU) Daytona in 1988. Restored 5 years ago and used in many vintage events since, including the Rennsport III at Daytona Group panel fit. Good chrome. Very nice interior and lovely wood dash. Tonneau cover included. Clean underhood. Engine claimed built to 250 hp, wide-ratio 4-speed gearbox with Hurst shifter. 2,706 said to have been built in ‘66. Cond: 3+. SOLD AT $52,800. Surely a decent, verified real Tiger. It just didn't generate a lot of excitement in this crowd or for this reporter. Fairly sold. GERMAN #S666-1960 PORSCHE 356B Reuter coupe. S/N 110655. Slate gray/black vinyl. Odo: 68,002 miles. Repainted with straight body and excellent panel fit. Rear over-riders and door handles show some corrosion. New interior. Blaupunkt AM/FM. Engine appears correct but has non-typical headers. Black plate Enterprises. Engine number may be restamped. With sport seats, limited Touring package. Full slip, and M472 history, imported to Florida in the early '80s. Cond: 3+. SOLD AT $286,000. A tidy example of the iconic Carrera RS, helped a great deal by a complete rebuild by an excellent shop. Some may bemoan the lack of original color, but at these prices, you can change the color and spend a modest fraction of the value doing so. More concerning is whether or not the engine serial number was “restamped.” Price may be leading the market a bit, but this is Monterey. ITALIAN #F454-1965 FERRARI 330 GT 2+2 coupe. S/N 6641. Rosso Corsa/tan leather. Odo: 50,897 miles. Unbelieveable condition for a 50k-mile driver. Very straight body, very good brightwork, lovely new interior. Rolls on Campagnolo mags. $54k in receipts for extensive mechanical rebuilding of engine, cooling system, carburetion, transmission, rear end, suspension, steering and wiring. Equipped with coupe. S/N 9113600901. Eng. # 6630887. White/black leather. Odo: 93,702 km. Older paint with a few chips, mask line visible on left rear quarter-panel. Originally pale yellow. No notable rust. New interior. Over $50k in receipts for recent rebuilding of engine, gearbox, suspension and brakes by Jerry Woods

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Russo and Steele Monterey, CA factory a/c. Has correct engine, but not original. Said to be one of 628 in this style. Cond: 1. SOLD AT $113,300. The right way to buy one. Mechanic present at the sale was available for questions, with all the right answers. Probably all the money for one of these, but still well bought. #S654-1966 FERRARI 275 GTS convert- ible. S/N 07903. Rosso Corsa/black cloth/tan leather. Odo: 13,277 miles. Low-mileage surviving original. Resprayed in the early '80s and still very good. New seat covers, original interior otherwise in excellent condition. Originally sold and quickly returned to the selling dealer, subsequently in dealer's collection until 2008. With SOHC Colombo V12, 5-speed transaxle, good. Nice freshened interior. Equipped with power steering, power discs, power windows, DOHC V12, 5-speed. On new XWX tires. Cond: 2. SOLD AT $165,000. A bargain Ferrari, or a huge risk? This car's description sounded good, but I would definitely want to see the paperwork for myself. #S651-1972 FERRARI 365 GTC/4 coupe. four-wheel independent suspension, four- wheel disc brakes. Classiche certificate signed by Piero Ferrari. Cond: 1. SOLD AT $654,500. Sold for $550,000 on eBay in July 2009 (SCM# 120863). I doubt there's another out there in this condition with so few miles. Big money, but quality is bringing big money, so fair for both seller and buyer. The high sale of this auction. #S637-1967 FERRARI 330 GT 2+2 coupe. S/N 7575. Silver/black leather. Odo: 60,087 km. Originally a Chinetti car, then sold to Canada and then Seattle. Recent good respray in original color. Seats redone well. Engine compartment hurriedly detailed. Recent clutch and motor mounts. Mileage seems low- made. U.S.-spec car originally sold out of Harrah's in Reno. Cond: 4. SOLD AT $86,900. The '71–'72 365 GTC/4 was the replacement for the 365 GT 2+2 and GTC. This one was just an old used car that happened to be a Ferrari 365 GTC/4. Not much investment potential, as this was Ferrari's best-selling model at the time. Lots of performance and slightly dated '70s styling for not a ton of dough on the front end. If the new owner is lucky, he'll make some money on the back end. #S644-1974 FERRARI 246 GTS Dino ish. AM/FM radio, no a/c. 4-liter SOHC V12, 5-speed. Cond: 3. SOLD AT $126,500. Sold for $108,000 at the 2007 October Branson auction (SCM# 47535). Sold again for $122,100 at Russo and Steele's Hollywood, FL, sale in 2008 (SCM# 116154). A starter V12 Ferrari? In this case, $126k is probably just the beginning. #F447-1970 FERRARI 365 GT 2+2 coupe. S/N 13097. Rosso Corsa/tan leather. Odo: 38,068 miles. Claimed original 38k miles. Said to have $45k in recent mechanical receipts. Good paint, straight body, door fit very 132 a 127” Auburn chassis with a Lycoming straight-8, 3-speed gearbox, 4-wheel hydraulic brakes. Cond: 2. SOLD AT $99,000. An odd and slightly dull roadster. The proportions are, Sports Car Market targa. S/N 07860. Red/black/black leather. Odo: 782 miles. U.S.-spec late-model 246 Dino Ferrari. Recent respray and new leather. Panel fit very good, small scratches in wind- S/N 365GTC415359. Rosso Corsa/black leather. Odo: 51,021 miles. Older mediocre paint with lots of shrinkage, chips, bubbles, etc. No obvious rust. Original interior, seat bottoms stretched a bit, typical wear on carpet, sills, pedals, etc. Recent clutch and transmission rebuild. Dirty engine compartment. Quad-cam V12, 5-speed transmission, power steering, brakes and windows. Said to be one of 500 shield, pits in front lenses. Original mouse fur dash in good condition. Old XWX tires. With factory a/c, power windows and Daytona seats. Some receipts and records. Cond: 3. SOLD AT $181,500. Dino prices are on the rise, or at least one buyer really believed that. This seemed an honest car that would make an excellent driver, if not quite investment-quality (without further restoration). Leading the market and well sold. AMERICAN #S659-1928 STUTZ DV32 boattail speed- ster. S/N BBC18. Gray/red leather. Odo: 1,923 miles. One-of-a-kind 1928 Stutz DV32 hot rod speedster. Callaway fuel-injected, turbocharged, DOHC 4-valve straight-8 backed by a GM 4L80E automatic transmission. Comissioned by William Ruger, signed by Callaway. Shiny primer-gray paint only fair, with shrinkage and chips. Front and rear leather seats show mismatched color. VDO gauges. Cond: 3-. SOLD AT $44,000. Buyer got a whole lot of impressive performance work on what is now a unique Stutz roadster. Still in need of some finishing touches to make her sparkle, and no serious investment upside, but will be major fun for smoky burnouts. #S643-1931 HENNY roadster. S/N 2723. Purple/black fenders/black cloth/black leather. Odo: 36,481 miles. Recent cosmetic tidyingup. Body excellent. Nickel brightwork very good. Non-folding windshield. Interior very good. Said to be only known survivor from hearse manufacturer Henny. Roadster body on

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Russo and Steele Monterey, CA well, different, as you might expect from a hearse company. Bargain-priced, compared to an Auburn and guaranteed to be the only one at any show. #S601-1938 FORD DELUXE 4-dr con- vertible sedan. S/N 184315492. Black/tan cloth/tan leather. Odo: 75 miles. Claimed to be a 36k-mile, 30-year “barn find,” but only showing 75 now. Appears to be an older restoration put away for 30 years. Body sound and straight, but no sparkle. Chrome good except rear win- bucket seats. One of 1,280 Chrysler 300G coupes produced in 1961. Cond: 3+. SOLD AT $36,300. Last sold for $41,475 in November 2008 at McCormick's Palm Springs sale (SCM# 118865). This 300G coupe presented itself as a well cared for, very original car, and would make a great driver. Unfortunately, she was overshadowed at this auction by the stunning yellow 300F parked across from her. Bought for reasonable coin. dings on left-hand side trim. Excellent interior. Underhood looks factory-fresh. Wide white radials. Close-ratio 4-speed transmission. One of 1,059 cars built with dual quads. Cond: 1. SOLD AT $92,400. This solid-axle 'Vette was almost too good to be true, as it had a great look and all the right stuff. Well bought. #S679-1960 BUICK ELECTRA 225 con- dow frames pitted. Radio and clock intact. CA plates. Claimed mechanical restoration with new water pumps, radiator, starter, generator and wiring. Cond: 3. SOLD AT $29,700. This body style was fairly popular when new, but very few have survived now. A decent deal, but I would need to see documents proving mileage and storage claims for this one. #S623-1953 NASH-HEALEY LE MANS coupe. S/N NAS300253. Red/tan leather. Odo: 58,435 miles. Older restoration still very presentable. Paint and body excellent. Brightwork weathered a bit. Interior older but still very good. Healey-designed and built, using Nash Ambassador chassis and Pinin Farina body- display. Matching-numbers 401 Nailhead V8, 3-speed Dynaflow auto, power steering, power brakes and power windows. One of 6,746 Electra 225 convertibles made in 1960. Cond: 3. SOLD AT $26,400. Some old-school Detroit iron with the expected iffy handling and brakes, but lots of power. One of the more collectible Buicks. This one looked to be a decent driver, if you can afford the gas. Well bought. #S615-1961 CHRYSLER 300G 2-dr hard work. Expensive when new. Cond: 2-. SOLD AT $56,100. A hand made '50s luxury boulevard cruiser, more than a sports car. Production and shipping costs between the U.K, Italy and the U.S. ate up any profit in producing these. This example would be a fine addition to most any collection. Well bought. #S641-1959 CHEVROLET CORVETTE convertible. S/N J59S104653. Red & white/white vinyl soft top/red hard top/red vinyl. Odo: 1,074 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Recent rotisserie restoration over the past year by two NCRS judges. Paint, body panels, chrome excellent. Only a few 134 413-ci V8, 3-speed push-button auto, power steering, brakes and windows, and swivel front top. S/N 8413185101. White/tan leather. Odo: 73,375 miles. 413-ci V8, 2x4-bbl, auto. Mostly original car with one respray about five years ago. Crack in paint at left C-post, panels and gaps very good, original brightwork in good condition, original leather interior with the expected minor wear only. Unibody constuction, last year for tailfins. Cross-ram wedge head good. Equipped with optional power steering, power antenna, and a/c. No power brakes. Nontypical horn, a/c compressor, fan clutch, etc. Cond: 3+. SOLD AT $56,650. With a fresh frame-off restoration, a '66 Sting Ray convertible should really “pop.” Unfortunately, this one seemed hurriedly done and just didn't. Well sold. #F444-1966 CHEVROLET NOVA SS 2-dr hard top. S/N 118376N155023. Black/white vinyl. Odo: 14,247 miles. 327-ci Sports Car Market vertible. S/N 8G3036702. Black/black vinyl/red leather. Odo: 48,234 miles. 401-ci V8, 4-bbl, auto. Older respray over fair bodywork. Gaps typical. Appears to have been rustproofed at one time. Trim complete and good, with some small scratches and dings from use. Very good interior with neat mirror-image dash pushbutton radio, seat belts, and a/c. Rebuilt front end, power disc brakes, power steering. T-Bird chrome wires, whitewall radials. Cond: 1-. SOLD AT $57,200. A remarkable period piece, which will take you back to the happy days of 29-cent gas, in your dreams. Not a bad deal considering the work done. #S669-1966 CHEVROLET CORVETTE convertible. S/N 194676S109496. Nassau Blue/white vinyl/black vinyl. Odo: 9,096 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Fresh frame-off restoration on a two-top '66 Sting Ray convertible. No documentation provided. Blemishes under paint in right rear area, nose appears replaced. Brightwork good. Interior #S662-1961 FORD COUNTRY SQUIRE 9-passenger wagon. S/N 1J67Z128179. Raven Black & two-tone white vinyl. 390-ci V8, 4-bbl, auto. Over-the-top wood-paneled 9-passenger station wagon. Super straight body with terrific re-created wood panels. Chrome excellent. Handsome interior with Galaxie buckets,

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Glovebox Notes 2011 Ford F-150 4X4 Supercrew Russo and Steele Monterey, CA A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. V8, 4-bbl, 4-sp. Real L79 Chevy II with indicated miles said to be actual. Excellent paint with only light swirls, very straight body and good gaps. Driver's door hangs a bit. Brightwork very good. Interior very good. Price as tested: $41,225, Ecoboost 3.5 Liter V6 engine, select shift transmission, XLT trim package, trailer tow package, rear-view camera, 18-inch chrome-clad wheels, cloth seats, Ingot Silver metallic with Gray cloth seats. EPA Mileage: 15/21 Likes: I drove this truck from San Francisco to Monterey — and all around the peninsula — during Monterey Car Week. The truck carried five passengers with ease, and there was plenty of room in the bed for the massive amounts of gear and magazines that SCM needs on this weeklong road trip. I've been driving trucks since 1977, and this big truck drives more like a big car. The ride is eerily smooth, and the powerful engine had no trouble chugging up steep grades. The efficient air conditioning kept us cool while driving to Laguna Seca and Concorso Italiano, and the heater kept us warm while driving around Monterey and Pebble Beach at night. Dislikes: The side mirrors stuck out like elephant ears, and not breaking them off while driving through gates was a constant concern. The controls on the stereo were confusing, and the plastic buttons felt flimsy. Fun to drive: HHH Fun to look at: HHH Overall experience: HHHH Verdict: This is a large, quality truck, and it performs all of the tasks of a truck very well. This truck would shine as a tow vehicle or a transporter for motorcycles, ATVs or personal watercraft. — Chester Allen, SCM Executive Editor solid. With 435-hp solid lifter V8, Winters aluminum heads, 4-speed gearbox, power steering, brakes and windows, posi, and air pump. Probably not matching-numbers, perhaps replacement block. Car build date: 12/31/68, engine: 4/21/69. Cond: 2-. SOLD AT $30,800. Some cars just look right, and this was one of those. They had me at those pretty aluminum heads on the 427. The rest of the car was just right too, and not over-restored. A nice car and appreciating. Correctly bought. #S650-1970 CHEVROLET CHEVELLE Texas license. 12-bolt Positraction, radio-delete. Cond: 2. SOLD AT $33,575. Said to have been previously owned by Reggie Jackson. The L79 represented the hottest Nova you could buy from GM until the introduction of the SS 396 in 1968. Today, this is probably the most desireable Nova package. A sanitary example in all regards. #S648-1967 SHELBY GT500 fastback. S/N 67411F4A02532. Wimbledon White & blue/black vinyl. Odo: 5,012 miles. 428-ci V8, 2x4-bbl, auto. Full restoration in 2006. Paint, body and gaps better than new. Brightwork excellent. Interior excellent. Matching numbers, full history and documentation, glove box signed by Carroll Shelby. Equipped with fac- LS6 2-dr hard top. S/N 136370B127012. Forest Green/tan vinyl. Odo: 1 mile. 454-ci V8, 4-bbl, auto. Earliest RPO LS6 Chevelle, known as the “pilot car,” built for a GM executive. Complete records from new. One mile since flawless restoration to original specs by Musclecar Restoration and Design. Cover car for Muscle Car magazine March 2011 issue. Laser-straight with great chrome. Lovely interior in an unusual tan color. Spotless engine compartment. 450-hp/500-ft lbs torque from the LS6 V8. Fitted with power steering, power disc brakes, and manual windows. Cond: 1. SOLD AT $181,500. Hard to fault. Fabulous restoration and extensive documentation to back up what is the earliest LS6 Chevelle made. Top money, top car. BEST BUY WARNING: Upgrading to SCM PLATINUM may cause your keyboard to sizzle. As an SCM PLATINUM member you will receive exclusive e-mails giving you near-instant auction results. Sign up today and get the inside information you need, sent so fast it may cause your computer to smoke like a Voisin! www.sportscarmarket.com 136 tory a/c. One of ten white Shelby GT500s made in 1967. Cond: 1. SOLD AT $156,750. The automatic probably rules this one out for any track aspirations, but perhaps that's why it was still so nice. If your mom had one of these in 1967, she was the coolest. Market-priced. #F427-1969 CHEVROLET CORVETTE coupe. S/N 194379S711648. Black/black leather. Odo: 82,038 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. A completely restored L89 bigblock Corvette. Paint, body and interior all #F431-1972 CHEVROLET CORVETTE coupe. S/N 1Z37L2S522651. Steel Cities Gray/black vinyl. Odo: 16,800 miles. 350-ci 255-hp V8, 4-bbl, 4-sp. An original 17,000-mile LT-1 Corvette in attractive Steel Cities Gray. Body, trim, brightwork and interior all in exceptional original condition. Bloomington Gold Benchmark Award, NCRS Top Flite. Full documentation provided. Cond: 1-. SOLD AT $39,600. If one ever fancied an early '70s Corvette coupe, this surely would be the one to get. No funny numbers, suspect repairs or sketchy ownership records here. The best. Well bought. © Sports Car Market

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MidAmerica Auctions Pebble Beach, CA 3rd Annual MidAmerica Motorcycle MarketPlace Of particular note was a 1938 Brough Superior SS80, as a similar machine was also available at the Gooding & Co. auction next door Company MidAmerica Auctions Date August 19–21, 2011 Location Pebble Beach, CA Auctioneer Ron Christenson Motorcycle lots sold / offered 40/87 Report and photos by John L. Stein Market opinions in italics S urrounded by Porsche and Infiniti exhibits, and just down the hill from the $78 million Gooding & Co. auction, the third annual MidAmerica motorcycle auction at Pebble Beach certainly had great field position. Or maybe not. Sales rate 46% Sales total $848,710 High sale 1938 Brough Superior SS80, sold at $65,000 After all, what interest would a well-attired gentleman or lady attending such highbrow events possibly find in a motorcycle tent? As it turns out, plenty. Because with the likes of the $1m Vincent “bathing suit bike” sale last winter (SCM September, p. 46), many more eyes are now open to motorcycle collecting and investment. MidAmerica's auction structure is actually more like a silent auction with a Buy Now option. Buyer's premium 7% on-site, 9% online, included in sold prices Rather than buying from an auctioneer, you register and enter a bid amount on a computer inside the tent — or even online at home. You can then walk away and will be notified upon close of the auction if you've won. However, the Buy Now method is even simpler, as you can walk right up to the auction desk, tell them what bike you want, and complete the deal then and there. Although the process is infinitely quieter than the drama of a live auction, MidAmerica says it works. In fact, said a company rep, of the 50 motorcycles the company sold at Pebble Beach last year, 47 were via the Buy Now option. Of particular note this year was the offering of a 1938 Brough Superior SS80, because a similar machine was also available at the more upscale Gooding & Co. auction next door. While the MidAmerica Brough sold for $65,000, the one at Gooding made $176,000. While the two bikes were different years and presented in slightly different states, it was hard to see a $95,000 difference between the two. And maybe that's exactly why car guys are looking hard at bike auctions today. ♦ ENGLISH #004-1938 BROUGH SUPERIOR SS80. S/N B372EIF. Black & chrome. The star of the auction, and the only bike displayed on a turntable. A full restoration with time and use since. Paint chips at bottom of frame, muffler stained at junction with exhaust. Aluminum sheen flat but probably typical for period. Kick starter has scuffed the exhaust pipe. Rumpled amateurlooking seat upholstery. Dirty chain and cheaplooking tank decals. Cond: 2-. SOLD AT $65,000. Although it had been completely restored, there was too much wrong now for this one to be a concours contender without another 138 Sports Car Market full go-around. Assuming it runs well, this would be a good candidate for a Sunday rider. ment and Texas plate. Cond: 1. NOT SOLD AT $250,000. Before restorer Herb Harris sold the Rollie Free “bathing suit” Vincent Black Lightning prototype for $1 million, the “Buy Now” price of $250,000 for this lesser-known Vincent racer might have pushed the frontier. But not anymore. It did not, however, find a buyer at even one fourth the Bonneville bike's price. In my opinion, you would be hard pressed to find a nicer piece of office decoration than this bike at any price. #073-1973 TRIUMPH X-75 Hurricane motorcycle. S/N TRX75XH02529. Orange. Odo: 11,127 miles. Very clean and tidy lowmileage surviving original. Sketchy paint The factory certified that the SS80 would, in fact, do 80 mph. It surpassed the $40k low estimate by over 50%, so someone recognized the value here. #079-1952 VINCENT BLACK SHADOW race motorcycle. S/N RC8272B. Black. Odo: 125 miles. Restored to highest standard, down to last nut and bolt, no apparent expense spared. Perfect paint, appropriate plating for period. Use of later stainless spokes, possibly. Flanged aluminum wheel rims. Amal GP carbs and rearset foot pegs. Right foot peg slightly askew. Bar-end rearview mirror a later add-on. Black Lightning-style scooped front brake. Electric start conversion and open pipes. Street equip

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MidAmerica Auctions Pebble Beach, CA masking on what may be original tank stripes. New-appearing chrome on some parts, as exhausts are not heat-discolored. New modern tire patterns incorrect for period. Split rubber cushion on center stand. Correct Borrani wheel rims. Correct TRX75 stamp on engine cases. Said to be one of 1,200 produced. Cond: 2. NOT SOLD AT $20,000. Very presentable and correct-looking except for the tires, which can be corrected without undue difficulty. The X-75 Hurricane is an iconic British-American bike, combining as it did the snarling Triumph triple platform with Californian Craig Vetter's unmistakable unit body design and audacious triple exhausts. Also known as the Vetter Hurricane, the Triumph X-75 is a good bet for future appreciation. Seller was wise to hold tight. AMERICAN #053-1911 READING STANDARD Deluxe motorcycle. S/N N/A. Eng. # S1753. Brown. Amazing old bike all there and stated to be all original, although the tires have been replaced. Three owners documented over 100 years. Amazing patina. Lugged steel frame, leather belt drive, bicycle pedals for starting. Tank logos still surprisingly good. Last run 15 years ago. Cond: 4+. NOT SOLD AT $58,000. Imagine the history of this motorcycle after the owner purchased it in St. Paul, MN. in 1911—16 years before Lindbergh's famous flight. He kept it 40 years, the second owner kept it 39 years, and the third owner has had it 21 years. The $40k–$85k pre-auction estimate range was completely fair, and it's a shame no one snapped this bike up. There cannot be very many more like it. #039-1939 INDIAN SPORT SCOUT mo- torcycle. S/N N/A. Eng. # FC1129. White & red. Represented as having been ridden to second place in the 1940 Daytona 200 on the sand in Florida. Dirty overall presentation. B-grade masking job on tank stripe. Engine stated to contain period Indian factory racing parts. Stained cylinders and carburetor. Modern universal folding foot pegs. Spotted and tired cad plating. New vinyl seat cover, new tires. No serial number visible on replacement transmission case. Cond: 3. SOLD AT $29,900. The model used as the basis for Burt Munro's “World's Fastest Indian.” A simple machine devoid of lights or instrumentation. Despite the simplicity of the basic machine, this was a flawed restoration job. It's an important piece of American racing motorcycle history and it should have brought more. If the new owner has a better feel for capturing authenticity, this one has nowhere to go but up. © November 2011 139

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eBay Motors Online Sales Business and Pleasure ”Something about the well executed Beetle mutant can sucker the best of us.” Report by Geoff Archer & Chad Tyson Market opinions in italics T his month, our resident eBay Motors experts Chad Tyson and Geoff Archer offer a sampling of cars for work and for play. Counterintuitively, it's the fun cars that look like a serious value. The only possible explanation for the “business” picks must be the “red mist” of a tax write-off. 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) CHAD'S #130569319780-1937 ROLLS-ROYCE 25/30HP Sedanca de Ville limousine. S/N GH032. Black/blue leather. RHD. Odo: 84,717 miles. 53 photos. Sonoma, CA “Car starts, runs and drives fabulously. The body is straight, solid and rust free with shiny black paint on this older, nice restoration. The interior is in nice condition with newer blue leather up front, nice carpet and cloth. Rare factory tool kit is mostly complete. Engine was rebuilt a few 96,000 miles. 24 photos. Covina, CA. “The desirable engine conversion with no details spared. The engine and transmission are in running condition. You can see from the photos that the entire engine and transmission swap was done by professionals. In the past fiveyears this car went through a complete restora- Series in existance. This car has no excuses. The title is issued as a 1965 Shelby Cobra. This car was traded in on a SeaRay yacht.” As clean as expected for mileage. sf 227. Cond: 2. SOLD AT $116,100. Continuation Cobras tend to get about as much respect (value) as the nicest of the replicas, but this one is said to have the alloy engine block and an authentic Shelby signature on the dash. If it was a supercharged car, it doesn't have the supercharger installed and there were no photos of it. I suppose trust is an important part of purchasing a collector car. I hope that new SeaRay yacht is working out for the former owner; I'd rather be the guy who got the good deal on this car. #130568416095-1968 AUSTIN-HEALEY years ago as well and the car drives fantastic.” 27 bids. sf 433. Cond: 2+. SOLD AT $56,900. Who doesn't want to give the butler something nice to drive around? I know I would like to put Nigel in the front seat of something other than my Jeep. This will maybe give me a proper setting for my Grey Poupon and a little extra leg room too. Yes, included in several of the photos was a jar of the dijon mustard. Even then, this was a tad ($10k–$15k) more than most other people have been paying. BENZ 300SE cabriolet. S/N 11202310004825. Dark green/green #190572141908-1965 MERCEDEScanvas/beige 140 cloth. Odo: tion. The convertible top was replaced and is in complete working condition. The undercarriage is in one-of-a-kind condition.” 28 bids. sf 30. SOLD AT $55,298. Started at $200 with no reserve, a bit brave for any seller on land or online. But by the end of the first day it was at $28k. There were, as with any good scenario for a seller, two bidders that kept going back and forth over the seven-day listing. It ended a bit on the high side compared to other recent 300SE sales, but fair for a car that would be half as good as the seller was professing it to be. #160641229679-1965 SHELBY COBRA Alloy 427 roadster. S/N CSX4188. Blue/black vinyl. Odo: 3,661 miles. 59 photos. St. Louis, MO. “You're looking at a 1965 Shelby Cobra 427 with a Supercharged Aluminim Alloy engine. This Cobra does not have the supercharger installed but the engine was built by Shelby Preformance Products in Las Vegas, NV and is set up and tuned for a Supercharger. This is one of the very few Supercharged Continuation 3000 Mk III BJ8 convertible. S/N HBJ8U42993G. Green/black canvas/black leather. Odo: 44,614 miles. 24 photos. Golden, CO. “Completely rust free. Highly maintained including a complete and thorough engine rebuild with all new mounts to eliminate vibration, as well as all the suspension. Original working Motorola radio and still has all of its original upholstery without repair. I just replaced the original top. I also just replaced the original exhaust with a $2,500 NOS genuine Abarth system.” Coming with the car is original top, tonneau cover, tools, jack, battery tray and cover. 39 bids. sf 336. Cond: 2. SOLD AT $50,500. The seller called this car “an alternative investment with guaranteed appreciation over the long term.” These cars are trading back at their 2006 levels. Maybe that's a good thing for some people. Still, I've seen lesser cars go for more money, so let's call it well bought, if just slightly. Sports Car Market

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eBay Motors Online Sales #120769884522-1969 CHEVROLET CAMARO Z/28 coupe. S/N 124379N612731. Fathom Green/black vinyl. Odo: 36,900 miles. 24 photos. Tulsa, OK. “This car has all the original components on the car including original paint (YES- the paint is original and not a repaint), interior, spare tire, etc. Truly survivor quality and condition. Recently undergone a clean-up or conservation update. Even the of us. At least this one has a commercial use. Fair price but holding the sign back wasn't. #110454921374-1984 FORD RANGER Beer Can phaeton. S/N N/A. Silver bud light livery/black vinyl. 31 Photos. Fayetteville, AR. “Note to self: This is exactly what happens when talented men and women have too much time on their hands, access to beer and a welder.” Fabrication is 1/4” steel or slightly thicker, not as easily dentable as a tin can. Finished in 2004. Fully-fitted with all the party goodies: Bud Light umbrella; dual cooler compartments on board; self-contained new Sears Craftsman grill with utensils; condiment sec- one of a kind mobile entertainment truck where you bring the party to your customers. This truck was designed to accomodate private parties, bachaelor, bachaelorette parties, corporate parties, promotional events, pole dancing parties, wifes entertaining their husband or lovers. clock keeps accurate time! All numbers match even down to the four original steel wheels, original water pump, crank case vibration dampener, etc.” Best offer bid. sf 463. Cond: 2+. SOLD AT $70,000. The price isn't what it used to be (think half of 2007 levels), but it was in line for the market today. Considering the rise in popularity for preservation classes at shows and the value added by merely being original from 1969, this was a bit of a good buy. But maybe I'm putting too much into having a working clock. GEOFF'S #120763005940-1972 VOLKSWAGEN BEETLE Mobile Advertising Business 2-dr sedan billboard. S/N N/A. Yellow w/checkered flag stripes/Dark gray cloth. 9 Photos. Plano, TX. Wheelbase extended with room for a small billboard between the front and rear seats. Two steering wheels mounted but not explained. “Designed and built professionally for mobile advertising to help boost my business. Start your own advertising business or use it for your business; you can target a specific area with capability of changing ads and tion. Are you laughing yet? It is a testimony to the monstrosity of time, engineering and love that was put into it. Said to run, drive and shift very nice. 16 bids. sf 368. Cond: 2+. SOLD AT $13,000. The seller suggests several some potential business uses, but it would clearly take a while to pay back this winning bid running this small BBQ for profit. He seems to have had a lot more fun tailgating at a Razorbacks game. Note to self: (as pictured in the auction) this appears to attract frat boys like flypaper. I think I would have to deduct for that. Can you burp the words “well sold?” #260682245120-2000 J&J AMUSEMENTS SCORPION Go Karts. S/N Various/black vinyl. MHD. 10 Photos. Shasta Lake, CA. “These carts are in good shape and are powered by Honda 6.5 HP gas engines. I only retired them because I purchased brand new replacements for the tax benefits. All eight run good, the frames are all straight, the fiberglass bodies are a little beat up, but nothing se- New 3,000 watt generator. Florescent lighting inside. New radio and amplifier, 4 speakers outside, 2 speakers inside.” Blow up sex dolls posed on the two stripper poles appear to be included. 4 bids. sf 89. Cond: 3. NOT SOLD AT $610. When the seller suggests, “it's a no brainer and is sure to bring in the bucks,” you have to wonder why he's selling it. Maybe he thought someone would actually go for the $20k Buy-It-Now? Well, the online auction audience isn't generally in the same state of mind as a late night strip club patron. Worth maybe two or three thousand crumpled up dollar bills, maximum. #270643497657-2010 VOLARRI VALETTA coupe. S/N Orange. 17 Photos. Irvine, CA. “We are selling the design rights including fully drivable ultra light prototype race car. I've spent over $450k on this venture so far. The chassis is all custom tubular steel racing chassis so it's not built over another car. The suspension is all custom. All components for the car are available off the shelf with little customization. It's designed for mid engine and can carry LS7 or LS9 engine and ZF transmis- locations anytime! The sign pictured on vehicle is not included, specs for having your own sign made will be provided.” Drivability not described. 1 bid. sf 513. Cond: 3+. SOLD AT $5,500. Recently I was talking with SCMer Peter Thomas, and we burst out laughing upon realizing that as smart as we are about collector cars, we have each wasted thousands on weird furniture made out of a Beetle. His was a pool table in place of the greenhouse; and mine is a loveseat in place of the engine. He lost about 80% on his. Mine I am holding in defiance of the inevitable loss. Something about a well executed Beetle mutant can sucker the best November 2011 rious. All steering, brakes, axles, spindles, hubs, wheels, tires, etc. are in good working order. These carts are ready to work!” 0 bids. Cond: 3-. NOT SOLD AT $12,500. No bids at all? In the age of ubiquitous parent-owned cooperative pre-schools, there has to be a way to crowd-source fund a K-6 driving school. Forget packing lunch, but don't forget your 5 gallon gas can. #270594507268-2009 MOBILE DREAMS PORTABLE STRIP CLUB trailer. S/N Black and green/I am afraid to look. 6 Photos. Oak Park, MI. “We have built a sion. The car can be registered as a component car in all states for street use.” 24 bids. sf 48. Cond: 1. SOLD AT $75,000. Seller offers, “this is a greate opportunity to launch your own exotic car brand. There is over $50k profit per car sold.” Winning bidder must have bought that hypothesis, because this kind of money would alternatively have bought a bunch of known sports cars, including one Ferrari 360, two recent Maseratis, or three Porsche 996s. If you just had to be really different, and considered even a Noble too mainstream, then I guess you bought a weird car and got the pipe dream for free. Still seems well sold given the lack of snob appeal. © 141

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MONTEREY RECAP THE NUMBERS Monterey's Top 200 This year, 919 of 1,425 cars changed hands on the Monterey Peninsula for $198,399,797, with an average price per car of $215,887 Rank Sold Price Model 1 2 3 4 5 6 7 8 9 10 11 (Tie) 13 14 15 16 17 18 19 20 (Tie) (Tie) 23 24 25 26 27 28 29 30 31 32 (Tie) (Tie) (Tie) 36 (Tie) 38 (Tie) (Tie) 41 (Tie) 43 44 45 142 $16,390,000 1957 Ferrari 250 TR $10,340,000 1931 Duesenberg Model J LWB “Whittell” coupe $9,680,000 1937 Mercedes-Benz 540K Special roadster $5,280,000 1960 Ferrari 250 GT SWB Competizione Berlinetta $5,040,000 1927 Mercedes-Benz 26/180 S-Type sportwagen $4,620,000 1939 Mercedes-Benz 540K Special roadster $3,767,500 1935 Mercedes-Benz 500K roadster $3,685,000 1952 Ferrari 340 Mexico Berlinetta $3,355,000 1959 Ferrari 250 GT LWB California Spyder $3,080,000 1936 Mercedes-Benz 540K Special coupe $2,970,000 1936 Mercedes-Benz 540K Cabriolet A $2,970,000 1956 Ferrari 410 Superamerica Series II coupe $2,585,000 1963 Shelby Cobra 289 Factory Team Car roadster $2,530,000 1955 Ferrari 750 Monza Spyder $2,200,000 1953 Ferrari 375 Vignale coupe Auction & Lot G&C, #18 G&C, #123 RM, #242 RM, #244 G&C, #119 RM, #232 RM, #247 RM, #237 G&C, #13 RM, #236 RM, #249 G&C, #135 G&C, #55 RM, #229 G&C, #47 $2,120,000 1931 Miller Bowes Seal Fast Special Indy 500 winner racer Mec, #S147.1 $2,090,000 1962 Ferrari 400 Superamerica coupe $1,980,000 1953 Ferrari 375 America coupe $1,567,500 1953 Siata 208S spyder $1,540,000 1932 Alfa Romeo 6C 1750 Gran Sport spider $1,540,000 1932 Duesenberg Model J Dual Cowl phaeton $1,540,000 1966 Ferrari 275 GTB Alloy coupe $1,485,000 1967 Ferrari 275 GTB/4 coupe $1,375,000 1970 Porsche 911S Steve McQueen “Le Mans” coupe $1,210,000 1964 Porsche 904 Carrera GTS coupe $1,127,500 1954 Fiat 8V Zagato Elaborata $1,072,500 1958 BMW 507 roadster $1,025,000 1972 Ferrari 365 GTS/4 Daytona Spyder $1,017,500 1924 Mercedes 28/95 Sport phaeton $1,002,500 1957 BMW 507 convertible $1,001,000 1956 Ferrari 275 GTB coupe $990,000 1935 Bugatti Type 57 “Grand Raid” roadster $990,000 1934 Duesenberg Model J Riviera phaeton $990,000 1956 Ferrari 195 Inter Berlinetta $990,000 1959 Fiat Tipo 682/RN-2 “Ferrari Scuderia Factory” transporter $962,500 1921 Bentley 3 Litre $962,500 1960 Mercedes-Benz 300SL roadster $946,000 1952 Chrysler D'Elegance coupe $946,000 1932 Packard Custom Eight Model 904 Individual Dietrich Dual Cowl phaeton $946,000 1953 Siata 208S spyder $935,000 1932 Alfa Romeo 6C 1750 GS 5th Series $935,000 1941 Chrysler Thunderbolt Concept $907,500 1963 Ferrari 250 GT/L Lusso Berlinetta $902,000 1936 Duesenberg Model J Victoria convertible $898,000 1966 Porsche 906 Carrera Competition coupe RM, #252 RM, #248 G&C, #121 G&C, #110 G&C, #140 G&C, #113 RM, #152 RM, #148 G&C, #34 G&C, #127 RM, #238 G&C, #45 RM, #251 Bon, #440 G&C, #16 RM, #220 RM, #157 G&C, #26 G&C, #51 G&C, #11 G&C, #154 RM, #143 RM, #233 RM, #255 RM, #241 RM, #163 RM, #226 RM, #217 Bon, #24 Rank Sold Price Model 46 47 48 (Tie) 50 51 52 53 54 55 56 57 58 59 (Tie) 61 62 63 (Tie) (Tie) 66 67 68 (Tie) 70 71 (Tie) 73 74 75 76 77 78 79 (Tie) 81 82 83 84 85 86 87 (Tie) 89 90 91 $880,000 1952 Ferrari 225 S Tuboscocca coupe $854,000 1979 BMW M1 Pro Car $852,500 1954 Dodge Firearrow III Concept $852,500 1961 Mercedes-Benz 300SL roadster $836,000 1957 Mercedes-Benz 300SL coupe $825,000 1909 Rolls-Royce Silver Ghost $810,000 1986 Porsche 962 IMSA GTP $803,000 1955 Mercedes-Benz 300SL coupe $797,500 1937 Bugatti Type 57C Ventoux $770,000 1928 Bentley 4 1/2 Litre tourer $753,500 1954 Bentley R-type Continental fastback $748,000 1985 Ferrari 288 GTO $742,500 1956 Bentley R-type Continental fastback $715,000 1954 Aston Martin DB2/4 drophead coupe $715,000 1955 Ferrari 250 GT Berlinetta by Pinin Farina $709,500 1962 Ferrari 250 GT Series II cabriolet $693,000 1938 Bugatti Type 57 Stelvio $687,500 1938 Jaguar SS 100 3.5-liter roadster $687,500 1962 Mercedes-Benz 300SL roadster $687,500 1964 Aston Martin DB5 coupe $671,000 1929 Bentley 4 1/2 Litre tourer $662,500 1912 Mercer Raceabout $660,000 1955 Ferrari 250 GT Europa Low-Roof Alloy Berlinetta $660,000 1965 Mercer-Cobra Roadster $654,500 1966 Ferrari 275 GTS $638,000 1969 Chevrolet Corvette BFG “Stars & Stripes” Factory L88 “ZL-1” Greenwood racer $638,000 1957 Mercedes-Benz 300SL roadster $620,100 1961 Mercedes-Benz 300SL roadster $616,000 1950 Bugatti Type 101 coupe $601,000 1925 Bentley 3 Litre Supersports Brooklands $557,000 1962 Maserati 5000 GT coupe $550,000 1899 Columbia Electric landaulet $544,500 1938 Lagonda LG6 Rapide drophead coupe $539,000 1932 Stutz DV32 Super Bearcat $539,000 1953 Cunningham C-3 Continental coupe $506,000 1930 Packard Eight Model 734 Boattail Speedster $495,000 1934 Duesenberg Model J Berline 4-dr sedan $484,000 1910 Rolls-Royce Silver Ghost 40/50hp Balloon Car replica $451,000 1958 Rolls-Royce Silver Cloud I drophead coupe $440,000 1934 Packard Twelve Victoria convertible $440,000 1964 Shelby Cobra 289 roadster $435,000 1920 Rolls-Royce Silver Ghost 40/50hp roadster $434,500 1967 Lamborghini 350GT coupe $423,500 1954 Lancia Aurelia B24 Spider America Auction & Lot G&C, #129 Bon, #15 RM, #121 G&C, #9 RM, #219 G&C, #5 Bon, #453 RM, #245 RM, #212 G&C, #157 RM, #213 G&C, #39 G&C, #125 G&C, #108 G&C, #57 G&C, #138 RM, #139 RM, #235 RM, #211 G&C, #146 RM, #227 Mec, #S148 RM, #246 RM, #231 R&S, #S654 RM, #144 G&C, #67 Mec, #S85 RM, #234 Bon, #432 Bon, #434 RM, #131 RM, #230 RM, #161 G&C, #15 RM, #224 $500,500 1933 Chrysler Imperial CL Custom Dual Windshield phaeton RM, #225 $500,000 1955 Kurtis 500SX roadster RM, #256 G&C, #156 RM, #145 G&C, #106 RM, #146 RM, #134 Bon, #418 RM, #173 RM, #254 Sports Car Market

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Rank Sold Price Model 92 93 (Tie) 95 96 (Tie) 98 99 100 101 102 103 104 105 106 107 108 109 110 (Tie) 112 113 114 115 116 117 118 119 120 (Tie) (Tie) 123 124 125 126 127 (Tie) 129 130 131 132 133 (Tie) 135 (Tie) 137 (Tie) 139 (Tie) 141 142 143 144 (Tie) (Tie) $412,500 1924 Hispano-Suiza H6B Coupe de Ville $407,000 1935 Bentley 3 1/2 Litre coupe $407,000 1931 Chrysler Imperial CG phaeton $400,000 1937 Duesenberg Model J “Throne Car” limousine $396,000 1931 Chrysler Imperial CG roadster $396,000 1898 Panhard et Levassor Wagonette $393,250 1956 Ferrari 365 GTB/4 Daytona coupe $385,000 1961 Aston Martin DB4 Series IV coupe $374,000 1969 Ferrari 365 GTC coupe $371,000 1937 Bugatti Type 57 Ventoux coupe $368,500 2004 Porsche Carrera GT $363,000 1929 Rolls-Royce Phantom I Ascot Sport phaeton $359,000 1961 Maserati 3500 GT Spyder $357,500 1973 Ferrari 365 GTB/4 Daytona coupe $355,100 2005 Porsche Carrera GT $346,500 1967 Ferrari 330 GTC $344,500 1980 McLaren M29 F1 Grand Prix racer $320,500 1940 Brough Superior SS100 982cc motorcycle $319,000 1926 Rolls-Royce Silver Ghost Pall Mall tourer $319,000 1949 Jaguar XK 120 Alloy $318,000 1973 Ferrari 365 GTB/4 Daytona Spyder $313,500 1966 Ferrari 330 GTC Auction & Lot RM, #140 G&C, #30 G&C, #114 Bon, #420 G&C, #14 G&C, #112 G&C, #103 G&C, #117 G&C, #60 Mec, #S146 RM, #138 RM, #165 Bon, #463 RM, #243 Mec, #S157 G&C, #3 Mec, #S171 Bon, #52 RM, #137 G&C, #131 Mec, #S162 RM, #215 $302,100 1947 Ford Super Deluxe Sportsman Woodie convertible Mec, #S115 $297,000 1966 Aston Martin DB6 Vantage coupe $296,800 1969 Ford Mustang Boss 429 fastback $286,200 1974 Ferrari 246 GTS Dino $286,000 1973 Porsche 911 Carrera RS 2.7 $282,000 1929 Stutz Series M Dual Cowl speedster $275,000 1934 Mercedes-Benz 290 Cabriolet D $275,000 1967 Ferrari 330 GTC coupe $275,000 1937 Rolls-Royce Phantom III Special Henley coupe $265,500 1928 Coventry-Eagle Flying-8 980cc motorcycle $265,000 1957 Ford Thunderbird Phase I D/F $258,500 1931 Chrysler Imperial CG roadster $249,100 1930 Packard Eight Model 745 Waterhouse $247,500 1958 Aston Martin DB Mark III drophead coupe $247,500 1958 Porsche 356A Speedster $243,800 1925 Bugatti Type 23 Brescia roadster $243,500 1964 Lincoln Continental limousine $242,000 2006 Mercedes-Benz SLR McLaren coupe $236,380 1953 Cadillac Eldorado convertible $231,000 1935 Auburn 851 Supercharged Speedster $231,000 1993 Jaguar XJ220 $225,500 1960 Jaguar XK 150 3.8 drophead coupe $225,500 1912 Gobron-Brillie 12CV Skiff tourer $220,000 1957 Porsche 356A 1600S Speedster $220,000 1921 Renault Type JP Model 45 $217,300 1960 Chrysler 300F convertible $217,300 1963 Porsche 356SC cabriolet $214,500 1960 Chrysler 300F convertible $211,750 1974 Ferrari 365 BB $209,000 1961 Alfa Romeo Giulietta Speciale spider $203,500 1959 Ferrari 250 GT coupe $203,500 1941 Packard Super Eight Darrin Victoria convertible $203,500 1953 Aston Martin DB2/4 coupe November 2011 RM, #228 Mec, #S141 Mec, #S88 R&S, #S652 Bon, #450 RM, #250 G&C, #158 G&C, #40 Bon, #55 Mec, #S159 RM, #132 Mec, #S153 RM, #130 G&C, #31 Mec, #S147 Bon, #416 RM, #263 Mec, #F153 RM, #118 RM, #156 RM, #129 G&C, #147 RM, #178 RM, #174 Mec, #F80.1 Mec, #S133 RM, #167 G&C, #20 G&C, #28 RM, #205 RM, #117 G&C, #66 Rank Sold Price Model (Tie) 148 149 150 151 (Tie) 153 154 (Tie) (Tie) 157 158 159 160 (Tie) 162 163 (Tie) (Tie) 166 167 (Tie) 169 170 (Tie) (Tie) 173 (Tie) (Tie) (Tie) (Tie) 178 179 180 (Tie) 182 (Tie) 184 185 (Tie) (Tie) 188 (Tie) 190 191 192 193 (Tie) (Tie) (Tie) 197 198 (Tie) 200 $203,500 1953 Kurtis-Chrysler 500S racer $202,800 1927 Lancia Lambda Seventh Series SWB roadster $200,000 1957 Dual-Ghia Convertible $199,500 1933 Rolls-Royce Phantom II Newport Sedanca de Ville $198,000 1970 Plymouth Cuda Hemi 2-dr hard top $198,000 1937 Cord 812 Supercharged phaeton $196,100 1967 Shelby GT500 fastback $192,500 1959 DeSoto Adventurer $192,500 1934 Packard Twelve Model 1107 Victoria coupe $192,500 1917 Packard Twin Six 2-35 All-weather landaulet $187,000 1974 Ferrari 246 GTS Dino $185,500 1958 Dual-Ghia convertible $183,000 1963 Maserati 3500 GTI Superleggera coupe $181,500 1970 Chevrolet Chevelle SS 454 “Pilot Car” $181,500 1974 Ferrari 246 GTS Dino $178,750 1938 Lagonda LG6 drophead coupe $176,000 2008 Porsche GT2 $176,000 1931 Brough Superior SS80 motorcycle $176,000 1952 Jaguar XK 120 coupe $172,000 1962 Porsche 356B 1600 T6 convertible $170,500 1972 Ferrari 365 GTC/4 $170,500 1969 Shelby GT500 convertible $170,000 1934 Packard Twelve Sport phaeton $169,600 1951 Offenhauser Tomshe Indy Car racer $169,600 1970 Plymouth Superbird 2-dr hard top $169,600 1957 Porsche 356A Speedster $165,000 1970 Ferrari 365 GT $165,000 1935 Lincoln Model K “FDR” phaeton $165,000 1967 Porsche 911S Targa $165,000 1941 Packard Custom Super Eight 180 $165,000 1971 Porsche 911E coupe $164,300 1980 BMW M1 AHG coupe $162,250 2009 Ferrari F430 Challenge Car coupe $159,500 1973 BMW 3.0 CSL “Batmobile” $159,500 1931 Packard Deluxe Eight roadster $159,000 1929 Auburn Boattail Speedster $159,000 1937 Cord Coffin Nose replica Speedster $156,750 1967 Shelby GT500 $154,000 2007 Ferrari F430 $154,000 1971 Mercedes-Benz 280SE 3.5 cabriolet $154,000 1932 Ford Model B roadster $148,500 1928 Vauxhall 20/60 Hurlingham Speedster $148,500 1960 Maserati 3500 GT $148,400 1964 Pontiac GTO convertible $145,750 1970 Plymouth Cuda Hemi 2-dr hard top $143,100 1930 Pierce-Arrow Model A convertible $143,000 1984 Ferrari 512 BBi Boxer $143,000 1948 Chrysler Town & Country convertible $143,000 1957 Facel Vega FV4 coupe $143,000 1959 Mercedes-Benz 190SL roadster $140,450 1934 Packard Super Eight Model 1104 Tourer $139,000 1967 Aston Martin DB6 coupe $139,000 1966 Lotus 47 GT Group 4 Competition coupe $137,500 1965 Porsche 911 coupe Auction & Lot G&C, #155 Bon, #16 G&C, #104 Bon, #466 R&S, #S658 G&C, #24 Mec, #S121 R&S, #TH248 G&C, #7 G&C, #122 RM, #258 Mec, #S128 Bon, #454 R&S, #S650 R&S, #S644 RM, #128 R&S, #S633 G&C, #133 G&C, #118 Bon, #443 RM, #222 RM, #151 RM, #168 Mec, #S182 Mec, #F101 Mec, #F120.1 R&S, #F447 R&S, #S656 RM, #172 G&C, #19 G&C, #151 Mec, #S63 G&C, #35 RM, #135 RM, #116 Mec, #S76 Mec, #F147 R&S, #S648 R&S, #S660 RM, #209 G&C, #111 RM, #127 G&C, #130 Mec, #S86 R&S, #F453 Mec, #S97 RM, #125 G&C, #12 G&C, #59 G&C, #107 Mec, #S161 Bon, #425 Bon, #20 G&C, #8 143

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Mystery Photo Answers Comments With Your Renewals Love all you do. How about asking older celebrities, older race car drivers, if they could own one car, what would it be? — Robert Davis, Avon by the Sea, NJ The last man standing — the single I was very interested in bidding on this car until I noticed that the driver's door gap is just a little off. — Alan Sosnowitz, Stamford, CT best automotive magazine for the collector car hobby. — Larry Moss, West Bloomfield, MI Yours is the magazine I take with me if there's a chance I'll be seen reading it. — Rob Karr, Cupertino, CA Love the more-kooky stuff, cheap cars. — C.J. Johns, Santa Teresa, NM My French wife, married in September 1961, is beginning to hate car stuff. Our first car, a 750 Alfa Romeo Sprint, wrecked, as did our second, a 1961 Lotus Elite, then on to 1962 Jaguar E-type coupe, and three used V12 Ferraris, etc…. These have been sold off our front lawn over the years except for our 1997 Ferrari 456 GTA. Wife now is beginning to hide my SCMs soon after arrival. — Robert Rockwell, Indianapolis, IN Best “all-around” car info on the planet! I love all the Ferrari stuff and the watch column as well. Your magazine is to car guys as Oprah magazine is to women, but who cares about Oprah anyway! — Vito Massa, Morton Grove, IL Look forward to every issue — super publication! — John Benson, Banning, CA Why the hatred for Lamborghinis? RUNNER-UP: When the Pharaohs' “American Graffiti” residuals ran out, so did their quality of work. — Frank Boyle, Stockton, CA Salvaging cars like Pharaoh's “Sweet Caddy” gave WALL-E a sense of accomplishment by eradicating the roots of consumerism run amok. — Chris Racelis, via email Overheard at last Barrett- Jackson auction: “I really wanted to try and move it to a number 3 car, but I just could not get past the door gap issue.” — Daryl Pinter, Lake in the Hills, IL 0–60 mph in 16.8 was fine with Bubba. He just wanted his luxo-barge to be comfortable and stylish on the drag strip. — Phil Schroeder, Platte City, MO Picasso's “Cadillac between headstone and glass.” — Gary Francis, Chico, CA Well I got it one piece at a time, and it didn't cost me a dime. It's a '49, '50, '51, '53, '54, '59 Cadillac…. Well, I'm going to ride around town in style and drive everybody wild. You'll know it's me when I come through your town in the Psycho Billy Cadillac… — Bob Bridgeford, Sisters, OR We all thought the Creature from the Pebble Beach Lagoon was folklore….When it was finished, you could walk to the 18th Fairway on straw hats and seersucker suits. — John Kelley, East Longmeadow, MA After we voiced our concern about making it in time for the service, Grandma turned and said, “I bought this Cadillac 45 years ago only to drive to church... and I haven't been late yet!” — K.J. Bedminster, via email The Presidential Limousine as seen at the LBJ Ranch/Museum. — Katherine Dean, via email General Motors, observing the success of the new retro design Camaro, attempted to duplicate it with the new Cadillac El Dorado. Thus far, sales have been less than expected. — Lance Lambert, Seattle, WA This Month's Mystery Photo Response Deadline: October 25, 2011 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@sportscarmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCM cap. Email photos at 300 dpi in JPEG format. 144 The great, great, grandson of the good Pharaoh Khababash was somewhat dismayed and disappointed when he finally received his Royalty Cadillac, complete with the customized license plate he requested. — Frank Veros, Palm Beach, FL The Republican Congress, in their efforts to cut costs, has proposed a new limousine for President Obama. — Mike Buettell, Friday Harbor, WA Now that I think about it, there are worse Cadillac convertibles than the Allanté. — Erik Olson, Dublin, CA Alan Sosnowitz wins an of- ficial Sports Car Market cap for his keen eyes and high standards in the fast-growing Rat Rod movement. © Sports Car Market — David Anderson, Fort Collins, CO. David, we called a Miura SV a “Daytona Destroyer” on the cover of the June 2011 issue. We feel more bullish about Lamborghinis than we do about the stock market. — KM I multiply the SCM thrills by taking past issues to the local medical clinic and then sit down and watch the reactions of first-time readers. Priceless! — George Williams, Montecito, CA. George, you should see what happens when we take issues to public transit meetings here in Portland. — KM Your magazine and price guide are just fine. My suggestion: don't change your M.O.! — Kenny Kenewell, Sun City, AZ And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin

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SCM Weekly July 5th (775 total votes) The muscle market appears to be improving. What's the best buy in American Muscle today? A. 1970 Chevelle SS 454 LS6 convertible —$180k: 17.3% B. 1970 Plymouth Hemi Cuda 2-door hard top — $150K: 20% C. 1969 Plymouth Hemi Road Runner 2-door hard top — $100k: 21.3% D. 1968 Shelby GT500 KR fastback — $150k: 32% E. 1969 Ford Mustang Boss 429 — $190k: 9.4% July 12th (833 total votes) Last year's Monterey sales generated $172m. What do you think this year's total will be? A. $160m — Last year's total was a fluke, and the true market is still fighting its way up: 9.1% B. $172m — We'll see a matched number, but further increases are doubtful: 6.1% C. $180m — The market's been on a steady upswing since last August, and there's no reason to think Monterey won't reflect that: 45.5% D. $200m — The market is strong again, and Monterey always brings record-breaking totals: 39.3% (If you chose $200m, you're a genius — at least this year. The combined sales were $198m in Monterey in 2011.) July 19th (1,014 total votes) If you had just $10k to spend on a car to use as your daily driver during Monterey Car Week, what would you buy? A. 1974 MG B coupe: 8% B. 1983 Porsche 911 SC: 50.4% C. 1986 Alfa Romeo Spider “Graduate” edition: 18.6% D. 1967 Sunbeam Alpine: 23% July 26th (1,064 total votes) How much will the 1957 Ferrari 250 Testa Rossa Prototype sell for at Gooding & Company's Pebble Beach sale? A. Unsold at $7.5m — This just won't be a year for records at Monterey: 6.3% B. $9m — A new record for Monterey, but we'll never see the $10.7 bid here last year: 26.6% C. $12.4m — The price paid for the last TR sold at auction, and market-correct today: 35.9% D. $15m — Market-priced, plus a $3m premium for prototype status: 31.3% (Pat yourself on the back if you picked this number, which is the closest to the record $16.4m the car brought, including buyer's premium, in the Gooding tent at Pebble Beach on August 20.) Vote on the latest poll at www.sportscarmarket.com or in your SCM Weekly Insider e-newsletter. November 2011 145 Poll Results Each Tuesday morning in our free SCM Weekly Insider e-newsletter, we conduct a poll. Here's how you responded:

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to classifieds@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. Czech 1941 Tatra T87 1956 Jaguar XK 140MC convertible 1951-55 Mercedes-Benz 220, 300S cabriolet A, B and coupes. Personally restored 1970-present. Great examples. Parts, radios, literature (original and reprints), and consulting. Pre-reitrement sales. Contact Bob- 310.801.1443, Website: www. mbzcabrio.com. (CA) 1964 Porsche 356C coupe Well maintained, preserved/restored four place sports coupe. 81k miles. Silver blue inside and out. A/c, pw, pa, sr, Becker am/fm. Original manual and tools. $18k invested. $12,000. Contact James- email: gbmanz@sbcglobal.net. (IL) Italian 1960 Ferrari 250 PF 1980 Mercedes-Benz 450SLC German 1951 Mercedes-Benz Cars Solid, strong running example of Hans Ledwinka's engineering marvel. Streamlined, monocoque construction, magnesium V8. Captivatingly bizarre. $265,000. Contact Fantasy- 510.653.7555, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) English 1935 Bentley 3 1/2 Litre This Jaguar claimed 1st Price at the Jaguar Club of North America Concours at San Luis Obispo, CA on 10/22/2000, scoring at spectacular 98.5 points. This was a result of the extensive frame-off restoration without regard to cost. The Jaguar has been driven regularly and maintained at the highest level since. Engine: G8094-8S; Gearbox: JL35398CR; Body: F12589. All numbers match the original specification with the exception of the gearbox. $129,900. Contact Joe- 713.772.3868, email: jmaniaci@ferrariofhouston.com. Website: www. ferrariofhouston.com. (TX) 1966 Jaguar XKE 4.2 Roadster Elegant one-off body by Kellner of Paris. Original tools, tea service and fitted luggage. Payne electric overdrive. $345,000. Contact Fantasy- 510.653.7555, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1936 Bentley 4 1/4 Litre Tourer One owner from 1969 until 2009. 28,000 original miles and fully documented. Matching numbers, all original books, tools, jack. rare original factory hardtop. A time capsule car that has had careful, sympathetic sorting and servicing. Drives without fault. Matthew L. deGarmo Ltd. $89,500. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1966 Triumph TR4A/IRS One owner from new until one year ago. Factory special ordered with electric sunroof, 4 speed transmission and special color combination of gray beige with dark green leather. Fully documented service history. All original books and tools, original Becker radio. A superb car that drives as new. Matthew L deGarmo Ltd. $35,000. Contact Matthew203.852.1670, email: Matt@deGarmoLtd.com. Website: www.deGarmoLtd.com. (CT) 1970 Porsche 914-6 All original, fully-documented from new including original bill of sale and all service receipts. Matching-numbers, all original books and tools. Cardex in hand. Perfect body, all original panels and floors, perfect gaps. Just finished running the NE1000 Rally without a single sputter. A spectacular example. Inquire. Matthew L. deGarmo Ltd. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1969 Mercedes-Benz 280SE coupe Original owner, only 120 made with 4.9 out of 1143, from 1966 to 1972. 65,559 miles. Well maintained by talented people. Top end 174mph. New paint coming up. Carburators just rebuilt. New wiring. You may buy too soon but you can never pay too much. $70,000. Contact Marty- 212.647.7755, (NY) 1973 Ferrari 246 GTS Outstanding, matching numbers, straight, solid, complete “Barn Find” for restoration. $180,000. Contact Fantasy- 510.653.7555, email: sales@ fantasyjunction.com. Website: www.fantasyjunction. com. (CA) 1972 Maserati Ghibli 4.9 Red/Tan original interior with Daytona seats. 69,335 KM / 43,082 Miles. Recent complete engine rebuild. Runs and drives great. $175,000. Contact Brad209.409.2479, email: brad.price@valic.com. (CA) 2002 Ferrari 575 Maranello Original chassis and matching engine with lovely touring body built in the U.K. in the 1950s. A superb car that's a rally/tour veteran. Drives flawlessly, cosmetically gorgeous. Turn key and ready to enjoy. Please call for complete details. Matthew L. deGarmo Ltd. Contact Matthew- 203.852.1670, email: Matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. (CT) New: running gear, steering, fuel pump, body work and paint, distributor, master cylinder, electric fan, intake, cassette/radio, cover, seat belts and more. $19,750. Contact Mark- 505.255.5009, (NM) The World's best race prepared 914, Sunkissed vintage racer by Patrick Motorsports and is expertly maintained by Wayne Baker Racing. Many, many podium finishes. HSRW season Porsche champion. Correct 2.0L, 901 build to vintage specs. HSR, SVRA, VSCDA, HSRW, PCR, BRIC, and more. Ready to race. $55,000. Contact Michael- 602.421.9134, email: sunkissed171@gmail.com. (CA) Red, tan interior. Flawless car with just 7000 original miles. F1 transmission. All services done including belt service less than 1000 miles ago. All original manuals, tools, etc. Matthew L. deGarmo Ltd. $112,500. Contact Matthew- 203.852.1670, email: Matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. (CT) 146 Sports Car Market

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SCM Showcase Gallery American 1932 Stutz SV-16 1965 Superformance Cobra Mk III Derham Convertible Coupe. First production SV-16 and HC engine car. Advanced low slung chassis and sohc engine. Style with performance. $165,000. Contact Fantasy- 510.653.7555, email: sales@ fantasyjunction.com. Website: www.fantasyjunction. com. (CA) 1935 Ford Woodie Wagon 300 hp, 5-speed, AWD, AWS, ABS, CD, leather. Original owner, 47,000 miles. Mature owner $15,000. Contact Lynn- 651.426.1112, email: ordla@comcast.net. (MN) Race Chevrolet Road Race Camaro Over $150,000 spend on fully documented bodyoff restoration by Woodie specialist. Beautifully cared for since and still in superb condition. Runs and drives beautifully. A fantastic car and an incredible value. Matthew L deGarmo Ltd. $85,000. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1957 Lister Chevrolet ”Knobbly” Racer All the best, all new. Over $12k spent the last 12 months. Fully sorted. Easy to drive fast. NASA, SCCA, Logs. Too much to list. Must sell now - moving to GT-1 w/new car. Great deal, compare to anything, you will like this Camaro. $7,500. Contact Nancy805.466.1015, email: automojo@hughes.net. Road Race Stock Car roadster Recreation of Brian Lister's legendary 1957 “Knobbly” sports-racer. Built for 2005 SEMA show, now fully vetted for street and track by former SCCA mechanic, under 700 miles. Titled & street licensed as 1957 Lister. Small-block Chevy, aluminum heads, 400HP. Richmond road-race 4 speed, Corvette C4 adjustable aluminum suspension. Formidable, not for the faint-hearted. $55,000. Contact Davidemail: davidneidell@hotmail.com. (OK) 427 polished engine, 5-speed trans., 1,400 miles, 5-point belts, no issue or paint chips. Professionally maintained in climate controlled garage. Mint. $65,000. Contact Ray- 847.251.0597, email: rykoenig1@aol.com. 1991 Dodge Stealth Twin Turbo WHAT'S YOUR CAR WORTH? FIND OUT AT Ultimate track day or club racer. Fast, safe, reliable, affordable to own. GM crate smallblock. Quartermaster, Muncie 4-spd, QC, cell, etc. Fully sorted, track ready! A steal at this price. No disappointments. $6,750. Contact Nancy805.466.1015, email: automojo@hughes.net. © NOW ONLINE! The world's largest collector car price guide based on over 500,000 sold transactions from . Updated weekly. www.collectorcarpricetracker.com For the collector who needs to know what things are selling for, right now. 100% Free. Visit today. 148 Sports Car Market

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Auction Companies Artcurial-Briest-Poulain-Le Fur. 33 (0)1 42 99 2056, 33 (0)1 42 99 1639. 7, Rond-Point des Champs-Elysées, 75008 Paris, France. Email: motorcars@auction.fr. www.artcurial.com/motorcars. (FR) Gooding & Company. Auctions America. 877.906.2437, Formed in July 2010 as a subsidiary of RM Auctions, the Auctions America by RM team led by collector car expert Donnie Gould, specializes in American classics, Detroit muscle, hot rods, customs, and vintage motorcycles. Consign With Confidence. www.auctionsamerica.com. (PA) 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest, award-winning examples of collector vehicles at the most prestigious auction venues. Our team of well-qualified experts will advise you on current market values. Gooding & Company presents the official auction of the famed Pebble Beach Concours d'Elegance in August, the recordsetting Scottsdale Auction in January and a world-class auction at the Omni Amelia Island Plantation in Florida in March. www.goodingco.com. (CA) H&H Classic Auctions. +44 8458 334455, +44 8458 334433. The Motor House Lyncastle Road Warrington England. WA4 4BSN www.handh. co.uk. (UK) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service, and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watch unique and select vehicles while attendees enjoy a lifestyle experience featuring fine art, fashion and gourmet cuisine. In every way, the legend is unsurpassed. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www. barrett-jackson.com. (AZ) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfields. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfields.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Leake Auctions. 800.722.9942, Es- tablished in 1964, Leake Auction Company was one of the first collector car auctions in the country. Unsurpassed customer service has led the company to 40 successful years, selling more than 32,000 vehicles. Leake currently operates auctions in Tulsa, Oklahoma City, Dallas, Houston and San Antonio. Visit them online at www.leakecar.com or call 800.722.9942. Dallas—November 18-20, Dallas Market Hall. Silver Auctions. 800.255.4485, 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) eBay Motors. List your car for sale for only $40 and pay $40 more when 150 Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. The Mecum Auction Company has been specializing in the sale of collector cars for over 23 years, offering an industryleading 5,000 collector cars per year. Watch Mecum Auctions live on Discovery's HD Theater. Consignment, bidder and event information is available online. 950 Greenlee ST, Marengo, IL 60015 www.mecumauction.com. (IL) Silver Auctions isn't successful because we auction the most expensive cars, we're successful because we auction the cars that you love. Silver Auction's staff, bidders and consignor are everyday people with a passion for Nostalgic and Collector cars. Come see the difference at Silver Auctions. 2020 N. Monroe, Spokane, WA 99205. silver@ silverauctions.com. www.silverauctions.com. (WA) Auto Appraisal Group. 800.848.2886, Offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certified, confidential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. Sports Car Market RM Auctions, Inc. 800.211.4371, Hollywood Wheels Auctions & Shows 800-237-8954, Hosting two auctions a year in beautiful Palm Beach FL, March & December. Offering quality collector cars and personalized service, all in a climate controlled, state of the art facility. Come be a part of the excitement! Check us out at www.hollywoodcarauctions.com... Where Col- lectors Collect! See You On The Block! 519.351.1337. With over three decades of experience in the collector car industry, RM's vertically integrated range of services, coupled with an expert team of car specialists and international footprint, provide an unsurpassed level of service to the global collector car market. www.rmauctions.com. (CAN) it sells. Visit the “Services” section on www.ebaymotors.com for more details. MotoeXotica Classic Cars & Auc- tions. 866.543.9393, After 24 years of selling classic cars, MotoeXotica has branched out with classic & exotic car auctions. MotoeXotica currently has auctions in St. Louis, Missouri, Springfield, Missouri, and Phoenix, Arizona. Combining some of the industry's lowest entry fees and commissions MotoeXotica is poised to keep expanding while maintaining superior customer service. Contact MotoeXotica today at 866-543-9393 or online at www.motoexotica.com. Worth the trip! Specialty Auto Auctions and Sales. 800.901.0022, Established by Bruce and Helen Douglas in 1987. Based in Colorado and doing auctions in Colorado, Nevada and South Dakota. This year we will join forces with Hot August Nights and B & T Custom Rods for two sales in Nevada. We will also be working with Automania for sales in South Dakota. For personalized service contact us. www.saaasinc.com. (CO) The Worldwide Group. 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) 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group—Auctioneers, Appraisers and Brokers—is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www.wwgauctions.com. (IN) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Russo and Steele Collector Au- tomobile Auctions. 602.252.2697, 602.252.6260. Specializing in the finest European sports, American muscle, hot rods and custom automobiles; Russo and Steele hosts two record breaking ALL RESERVE auctions per year; Monterey, CA every August and Scottsdale, AZ every January. As one of the premier auction events in the United States, Russo and Steele has developed a reputation for its superior customer service and for having the most experienced and informed experts in the industry. www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Centerline Products. 888.750. ALFA, Exclusively Alfa Romeo for over 30 years - rely on our experience to build and maintain your dream Alfa. Restoration, maintenance, and performance parts in stock for Giulietta through 164. Newly developed products introduced regularly. Check our web site for online store, new arrivals, tech tips, and special offers. www.centerlinealfa.com. (CO) Jon Norman's Alfa Parts. 800.890.2532, 510.525.9519. 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from Giulietta to 164. Efficient, personal service. www.alfapartscatalog.com. (CA) Appraisals

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Gooding & Company. 310.899.1960, Gooding & Company's experts are well-qualified to individual automobiles as well as collections and estates. Whether it is the creation of a foundation, living trust or arrangement of a charitable donation, we are able to assist you. www.goodingco.com. (CA) Showroom in the U.S! Take advantage of our experience in the global collector market. Based in Wisconsin, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Call Jurgen today! www.2-shoresclassics.com. (WI) Paul Russell and Company. Brighton Motorsports. International Auto Appraisers Re- source. Use IAAA Appraisers' to perform insurance and legal appraisals and pre-purchase inspections; It is IAAA the largest association that certifies auto appraisers, who follow ethics, participate in ongoing training for IAAA/ Uniform Standards for Automotive Appraisal Procedures™. Certifications include Master Automotive Appraiser™ and Automotive Arbitration/Mediation Umpire™. The apprentice program was used by Mitchell International and other qualified applicants from the automotive industry. Locate IAAA members and get association info. www.autoappraisersassociation.com. 480.483.4682, Brighton Motorsports, Scottsdale, Arizona, is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also have a state-of-the-art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) 978.768.6092, www.paulrussell.com. Specializing in the Preservation and Sales of European Classics, pre-war through the 1970s, since 1978. You can rely on our decades of experience with Mercedes-Benz, Ferrari, Porsche, Bugatti, Alfa Romeo and other fine collectibles. Repeat customers are the lifeblood of our business. Contact us today to join them. Car Sales Manager, Alex Finigan: Alex@paulrussell.com. (MA) ing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Inflation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy. com. (PA) Hagerty Insurance Agency, LLC. Woodies USA. 949.412.8812, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Laguna Niguel, California (new location). www.woodiesusa.com. (CA) Classic Car Transport Motor Auto Express, Inc. West Coast Auto Appraisals. 310.827.8400, Pre purchase, diminished value, total loss settlements, expert witness. Let us be your eyes and ears, friendly and very knowledgeable car experts, muscle cars, street rods, Europeans, full classics, modern day and more. Servicing all of California, nationwide for larger car collections. Member of IAAA and AMA. Check out our website for a full list of services. www.thecarappraiser.com. (CA) Automobilia Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) 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) 800.922.4050, is the leading insurance agency for collector vehicles in the world and host to the largest network of collector car owners. Hagerty offers insurance for collector cars, motorcycles and motorcycle safety equipment, tractors, automotive tools and spare parts, and even “automobilia” (any historic or collectible item linked with motor vehicles). Hagerty also offers overseas shipping/touring insurance coverage, commercial coverage and club liability coverage. For more information, call or visit www.hagerty.com. (MI) Heacock Classic. 800.678.5173, We Passport Transport. 800.325.4267, indiGO Classic Cars. Vintage Auto Posters. Since 1980, Everett Anton Singer has been supplying international collectors with the most diverse selection of authentic vintage automotive posters. The vast inventory runs from the late 1890s through the 1960s; featuring marque, event and product advertising. Please visit us at: www.VintageAutoPosters. com. Buy/Sell/General 888.588.7634, was founded in 2006 by collectors to serve collectors. indiGO Classic Cars has a passion and a focus for vintage cars from the late 1930s to the early 1970s. With access to large lines of credit, indiGO purchases individual cars as well as entire collections. indiGO Classic Cars consults with, consigns for and represents the interest of sellers who need assistance in the building, or disposition, of their (or their family members') collections. indiGO offers shipping worldwide. indiGO Classic Cars is an indiGO Auto Group dealership. www.indigoclassiccars.com. (TX) Since our founding in 1970, we have shipped thousands of treasured vehicles door-to-door with our fully enclosed auto transporters. Whether your prized possession is your daily driver, a vintage race car, a classic, a '60s muscle car, or a modern exotic you can depend on Passport Transport to give you the premium service it deserves. We share your appreciation for fine automobiles and it shows. www.PassportTransport. com. Collector Car Insurance understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. (FL) J.C. Taylor Insurance. Chubb Collector Car Insurance. 1 (866) CAR-9648, The Chubb Collector Car Insurance program provides flexibility by allowing you to choose the agreed value and restoration shop. Broad coverage includes no mileage restrictions and special pricing for large schedules. For more information contact us at 1(866)CAR-9648 or www. chubbcollectorcar.com. 800.345.8290, Antique, classic, muscle or modified - J.C. Taylor Insurance has provided dependable, dynamic, affordable protection for your collector vehicle for over 50 years. Agreed Value Coverage in the continental U.S., and Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online at www.JCTaylor.com. Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specific events. Please contact Mark Cooke and or Kevin Way. Luxury Brokers International. 2shores International. 920.945.0450, International marketing services for collector cars. New November 2011 Specializing in the Purchase, Sales, and Brokerage of Fine Automobiles and Alternative Investments. Adolfo Massari 610.716.2331 or Andrew Mastin 215.459.1606. Email: Sales@lbilimited. com. Web: www.LBILimited.com. English AC Owner's Club Limited. Grundy Worldwide. 800.338.4005, With 60 years of experience in servic- 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) 151

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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) tance of guest experience starts with Lamborghini Houston's web presence and is executed by a professional sales team of hand-picked and extremely knowledgeable automobile aficionados. Lamborghini Houston not only services Lamborghini models but also has comprehensive experience and diagnostic equipment to service Ferrari, Maserati, Aston Martin, Bentley and other exotic brands. Lamborghini Houston is Houston's only factory authorized Lamborghini dealership. Nationwide Shipping. Lamborghini Houston is an indiGO Auto Group dealership. www. lamborghinihouston.com. (TX) Randy Simon. 310.274.7440, ^ AUTOSPORT DESIGNS, INC.. 631.425.1555, All Aston Martin models welcome regardless of age, as new inevitably become old! Routine servcing-complete mechanical restorations/ rebuilds - Cosmetic repair/paintwork to complete frame off restoration - Large inventory of parts. All services as well as our current unventory of automobiles for sale can be seen at www.autosportdesigns.com. (NY) 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) mechanical and cosmetic restorations to Concours level along with routine service. Located in Orange County, California between Los Angeles and San Diego. Sales@europeancollectibles.com or visit our website www. europeancollectibles.com. (CA) Italian Hamann Classic Cars. 203.918.8300, with more than 30 years in the industry and world wide clientele in dealing in European race and sports cars, specializes in classic Ferrari of the '50s & '60s. www.ferrari4you.com Mercedes-Benz Classic Center. 1-866-MB-CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts – for vintage car sales, meticulous restorations by manufacturertrained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www. mbclassiccenter.com. (CA) Literature Via Corsa Car Lover's GuidePorsche of North Houston. RPM Classic Sports Cars. Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Ferrari/Maserati/Lamborghini Cosdel International TransportaCarobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. WWW.CAROBU.COM. Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100. Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) FerrariChat.com. The largest on- line Ferrari community in the world with over 80,000 registered users. 3,000 new posts a day from Ferrari owners, historians, and enthusiasts along with 5 Million in our archives. Over 1,000 ads in our Classifieds www.ferrarichat.com. Inspections European Collectibles, Inc. Lamborghini Houston. 888.588.7634, provides customers with the most unique mix of exotic inventory in the United States. The impor- 152 949.650.4718, European Collectibles has been buying, consigning, selling and restoring classic European Sports Cars since 1986. We specialize in Porsche (356 and 911) 1950s to early 1970s along with other marks including Mercedes, Aston Martin, Ferrari, MG, Austin Healey & Jaguar with 40 vehicle in stock to chose from. European Collectibles also offers complete 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) Griot's Garage. 800.345.5789, The ultimate online store for car care products and automotive accessories. www.griotsgarage.com. (WA) tion. 415.777.2000, 415.543.5112. Since 1960 Cosdel International Transportation has been handling international shipments by air, ocean and truck. Honest service, competitive pricing and product expertise have made Cosdel the natural shipping choice for the world's best-known collectors, dealers, and auction houses. If you are moving a car, racing or rallying, or attending a concours event overseas, we are the comprehensive, worldwide resource for all of your international shipping needs. We are your automobile Export Import Experts. www.cosdel.com. (CA) 877.683.3001 We specialize in complete Performance and Modification Projects for all types of vehicles. Spanning decades we have completed literally hundreds of project cars. Many are used for daily drivers that can aggressively ramp it up for performance venues. Located in the heart of the Midwest we're easily accessible. If you've got a project in mind, we know you want a trusted source for quality work in performance, efficiency and safe upgrades to your ride. Choose us! Autobahn Power! Visit us at autobahnpower.com. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two car enclosed transporter makes getting your car to our shop within the northeast a breeze. www. rpmvt.com. German 888.588.7634, creates experiential Porsche ownership for its clients and visitors. Sales and service team members are inspired to prioritize everything Porsche. Porsche of North Houston maintains a huge selection of new and pre-owned Porsches as well as other previously owned designdriven, performance and luxury motorcars with low miles. Nationwide Shipping. Porsche of North Houston is an indiGO Auto Group dealership. www.porscheofnorthhouston.com. (TX) Import/Export books. Travel the world with guidebooks written for car enthusiasts! We cover car museums, factory tours, race tracks, auctions, and major events. Exclusive interviews with Alice Cooper, Hans-Joachim Stuck, Derek Bell, Mario Andretti, and more! Our guidebooks are available at motorbooks.com and amazon.com. Museums LeMay—America's Car Museum, set for a fall 2011 opening in Tacoma, WA., explores how the automobile has fulfilled a distinctive role at the core of the American experience and shaped our society. The spacious Museum with rotating exhibits is designed to be the centerpiece for automotive history as well as an educational center and library. The campus also contains a 3.5acre show field, theatre, café, banquet hall and meeting facilities. To become an ACM member, volunteer or make a donation, visit www.lemaymuseum. org. (WA) Parts and Accessories Autobahn Power Sports Car Market

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MMRsite.com. The on-line infor- mation and entertainment resource for enthusiasts of European cars and motorcycles. Interactive database features include 1,300 selected suppliers of goods and services. Interesting Classified Ads, Book and DVD Reviews, Blog, Forum and MMR Store. Subscribe today to receive our MMR Community Newsletter and help us build this site. www.MMRsite.com. RPM Classic Sports Cars. WeatherTech® Automotive Acces- sories. 800.441.8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defined high quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from All-Weather Floor Mats, Extreme-Duty Floor Liners, Cargo/Trunk Liners, Side Window Deflectors, No-Drill MudFlaps, many different options of License Plate Frames and more. We have products available for virtually every make and model. To see and buy everything, go to WeatherTech.com. Restoration - General 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two-car, enclosed transporter makes getting your car to our shop within the northeast a breeze. www. rpmvt.com. Sports and Competition RM Auctions, Inc. 800.211.4371, 519.351.1337. Celebrating 30 years in the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world's rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM's restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world's top three collector car events in a single year. www.rmauctions.com. (CAN) Classic Restoration. 303.761.1245, Classic Restoration by Country Club Auto, located in Colorado, is a large facility that offers world-class restoration, repair and fabrication services. Highly organized, fiscally responsible and providing bi-weekly detailed billing, we keep you abreast of the rapid progress of your project in every way. Check out our excellent website for details. Email doug@classicrestodenver.com. www.classicrestodenver.com. (CO) Vintage Events Muscle Car 1000. 949.838.7076, 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, wellequipped shop. Near I-90 since '96. We finish your projects. supercharged@ alltel.net. (OH) October 2011. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fine wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www. musclecar1000.com. (CA) © FOLLOW SCM US Postal Service Statement of Ownership and Circulation (Required by USC). 1. A. Title of Publication: Sports Car Market 2. Publication number: 011-578 3. Date of Filing: 09/14/11 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: 401 NE 19th Ave, Ste 100, Portland, OR 97232-4801 8. P.O. Box 4797, Portland, OR 97208-4797 9. Publisher: V. Keith Martin, P.O. Box 4797, Portland, OR 97208. Editor: Chester Allen, P.O. Box 4797, Portland, OR 97208. Managing Editor: James Pickering, P.O. Box 4797, Portland, OR 97208 10. Owner: Automotive Investor Media Group, P.O. November 2011 Box 4797, Portland, OR. 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 13. Publication Title: Sports Car Market 14. October 2011 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): 17,093/17,396. B1. Paid and/or Requested Circulation: 10,710/10,753; B3. Sales Through Dealers and Carriers, Street Vendors and Counter Sales: 3,784/3,783. B4. By Other Classes of Mail through USPS: 65/59. C. Total Paid and/or Requested Circulation: 14,559/14,595. D1. Free Distribution by Mail (Sample, Complimentary and Other Free): 12/0; D3. Free Distribution at Other Classes of Mail through USPS: 0/0; D3. Free or Nominal Rate Copies Mailed at Other Classes through the USPS: 89/75; D4. Free Distribution Outside the Mail: 1,916/2,226. E. Total Free Distribution: 2,017/2,301. F. Total Distribution: 16,576/16,896. G. Copies Not Distributed: 517/500. H. Total: 17,093/17,396. I. Percent Paid and/or Requested Circulation: 88/86. 16. November 2011 17. I certify that the statements made by me are complete and correct, Keith Martin. 153

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Carl Bomstead eWatch Packard Cans, Tune-up Signs and a Sticky Rat Fink This rare “Knuckle Heads Forever” decal was in great condition and ready to apply to your Deadhead VW bus Thought Carl's We were somewhat amazed when we noticed that Michael Jackson's “Thriller” red and black calfskin jacket sold at auction in Beverly Hills, CA, a few months back for $1.8 million. Well, not to be outdone, Debbie Reynolds recently sold her collection of Marilyn Monroe attire at prices that made Michael's jacket look like kids' stuff. She offered the dress that Marilyn wore in the 1955 classic “Some Like It Hot,” and the final price was a stunning $4.6 million. Guess our old car stuff is not so goofy after all. Here are a few things we found that we can't wear, but they didn't cost seven figures either: COMPANY TIRES. Number of Bids: Buy-It-Now. SOLD AT: $225. Date: 6/24/2011. This attractive piece dated to 1910 and featured an attractive woman — as was often the case with advertising of that era. It advertised Oil-Proof vacuum tires, and the piece was titled “Vecelina,” which we assume was the lady's name. Put this in a period frame and you will have something — so we'll call this very well bought. EBAY #200611412310— ONE-GALLON PACKARD SHOCK ABSORBER FLUID CAN. Number of Bids: 7. SOLD AT: $610.99. Date: 5/29/2011. A number of these cans, in unused condition, were found a few years ago. Based on the logo, they date to the early 1930s. This one was used to store some kind of fluid, but it was still in amazing condition. Cans have been a bit soft of late, but collectors will still step up for quality stuff. Expensive, but as we are prone to state, go find another. SOLD AT: $306. Date: 8/17/2011. The Tourist was made from 1902 until 1910 by The Auto Vehicle Company of Los Angeles, CA. This brass radiator badge was about 16 inches in length and was in unmolested condition. They never made more than a few hundred cars per year, so the badge was rare as can be. A fair price if these are your thing. number of different versions of this sign were used by Packard, but the coolest hangs in the Baja Cantina in Carmel Valley, CA, and is from the Earle C. Anthony Waiting Room. It appeared as though a little restoration took place on this one, as the letters are prone to flaking because of the heat. Price paid was about right, so no harm done here. EBAY #220807201261— BALDWIN CHEVROLET LICENSE PLATE FRAME. Number of Bids: 17. SOLD AT: $565. Date: 7/10/2011. Baldwin Chevrolet teamed with Motion Performance to produce the Baldwin Motion turn-key, raceready supercars that were first based on the Camaro. The exact number produced between 1967 and 1974 is not known but is thought to be 300 to 500 cars. Baldwin Chevrolet is long gone, so this frame is rare as heck and worth the price paid to a Chevy performance nut. EBAY #1306563016831— TYDOL FLYING A PUMP PLATE. Number of Bids: 10. SOLD AT: $297.97. Date: 8/21/2011. This is the most colorful of the many Flying A, Associated and Tydol pump plates that were attached to gas pumps. It was not in the best of condition, with edge wear and scratches on the face. As such, it sold for under the money, but it will display well until a better one comes along. EBAY #250872863200— PACKARD EBAY #320712077774— 1910 ADVERTISMENT FOR PENNSYLVANIA RUBBER EBAY #350484221738— 1910 TOURIST RADIATOR BADGE. Number of Bids: 3. EBAY #320712926151— MOTOR TUNE-UP LIGHT-UP SIGN. Number of Bids: 8. SOLD AT: $800. Date Sold: 6/18/2011. A SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 877.219.2605, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 154 ORIGINAL RAT FINK ED “BIG DADDY” ROTH DECAL. Number of Bids: 8. SOLD AT: $36.01. Date: 8/21/2011. Ed “Big Daddy” Roth created the Kustom Kulture in the 1960s with his drawings of Rat Fink, drag racing, motorcycles and other psychedelic images. Many of his drawings were on model kits sold by Revell. He was buddies with Von Dutch, George Barris and the gang from the days of the “If you remember them, you weren't there” era. This rather rare “Knuckle Heads Forever” decal was in great condition and was ready to apply to window of your Deadhead VW bus. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market