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$5.8m 1972 Porsche Keith Martin’s Thor Thorson: This car will kill you Sports Car Market M is for The Insider’s Guide to Collecting, Investing, Values, and Trends INSIDE: The Most Exclusive, Comprehensive Coverage of the Peninsula's $258m in Sales Monterey Mercedes Millions November 2012 www.sportscarmarket.com Miles Collier on Two Ford GT40s Separated by $6m Five Monterey Best Buys by Stephen Serio CLASSIC CAR MAGAZINE IN THE VOTED THE BEST WORLD www.about.com

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Sports Car Market Keith Martin’s JOIN US The Insider’s Guide to Collecting, Investing, Values, and Trends 46 1968 Ford GT40 orts Car Market Keith Martin’s JOIN US The Insider’s Guide to Collecting, Investing, Values, and Trends 46 1968 Ford GT40 34 34 1956 Ferrari 250 GT LWB TdF IN-DEPTH PROFILES What You Need To Know FERRARI 34 1956 Ferrari 250 GT LWB TdF — $6,710,000/RM If this car is worth a couple million dollars more next year, was it well sold today? Did the buyer pay a crazy premium or did he just set the new market value? Steve Ahlgrim ENGLISH 38 1928 Bentley 4½ Litre Le Mans Sports “Bobtail” — $6,050,000/ Gooding 4½s re-bodied into Le Mans style but with no Works history have been fetching up to $850,000, so the market considers the real thing to be worth around eight times as much Paul Hardiman ETCETERINI 40 1955 Maserati A6G/2000 Berlinetta — $1,650,000/Gooding This sale represents a healthy trend, where cars are judged by their inherent appeal, and people are buying the best example of a car that meets their needs and desires Donald Osborne GERMAN 42 1936 Mercedes-Benz 540K Special Roadster — $11,770,000/ Gooding One of the great Sleeping Beauties. This car is a three-owner Special Roadster with a fascinating story — and savvy marketing brings all the money in Pebble Beach Ken Gross AMERICAN 46 1968 Ford GT40 Gulf/Mirage Lightweight — $11,000,000/RM When the car hit the block at the Monterey Portola Hotel & Spa, it was quite a sight to behold, with two dedicated bidders who slowly pushed it to the $10m (hammer) result, including many miles at $25,000 increments Colin Comer RACE 50 1972 Porsche L&M 917/10 Spyder — $5,830,000/Mecum In the past, the hard-to-drive 971/10 and sister 917/30 were not collectible icons — but this is rapidly changing Thor Thorson 8 GLOBAL AUCTION COVERAGE 199 Vehicles Examined and Rated at Six Sales GOODING & COMPANY 92 Pebble Beach, CA: Gooding sets a new high-water mark at its $114m Pebble Beach auction, and a 1936 Mercedes-Benz brings $11.8m Michael Leven RM AUCTIONS 106 Monterey, CA: RM’s fl agship Monterey event totals $95m at the Portola Plaza, led by the “Le Mans” GT40 camera car at $11m Carl Bomstead MECUM AUCTIONS 120 Monterey, CA: Monterey’s Daytime Auction totals $31m, led by the L&M Porsche 917 at $5.8m B. Mitchell Carlson and Somer Hooker RUSSO AND STEELE 134 Monterey, CA: An all-new venue leads to $8.2m in sales for this Monterey staple, and the top was a 1965 Shelby Cobra at $781k Ray Nierlich BONHAMS 146 Carmel, CA: Motorcycles and rare racers bring $9.5m at the annual Quail Lodge sale, and a $2.2m 1966 Ford GT40 led the way Donald Osborne and Somer Hooker MIDAMERICA AUCTIONS 156 Pebble Beach, CA: 25 bikes total $538k at the Pebble Beach Antique Motorcycle Marketplace, with $161k for a collection of Bonneville TT Specials Somer Hooker EBAY MOTORS 162 Are modern performance cars a good buy? Chad Tyson Cover photo: Mathieu Heurtault © 2012, courtesy of Gooding & Company SCM Anytime, Anywhere Download our new free app on iTunes! Sports Car Market

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FEATURES 56 Monterey Impressions: SCM’s David Tomaro, Tony Piff and Chester Allen share their thoughts on Monterey over the years 58 SCM Events: Insider’s Seminar; Platinum VIP Consignment Tours at RM and Mecum 60 Miles Collier — Collecting Thoughts: A tale of two Ford GT40s 62 Concorso Italiano: Where else can Fiat 500s mingle with Lamborghini Miuras and Ferrari 458s? 64 Legends of the Autobahn: BMW, Mercedes-Benz, Porsche and Audi too 66 Pebble Beach: An innovative and imaginative selection of vehicles makes an unequaled spectacle 68 The Quail: A 10-year recipe for success 70 2012 Rolex Monterey Motorsports Reunion: Cobras howl around the track 74 Robert Cumberford: Dreams and nightmares in Monterey 68 The Quail — a Motorsports Gathering COLUMNS 12 Shifting Gears In July, I predicted that Monterey’s final totals would be up more than 20% from 2011, going from $198m to $220m. The final number, more than $258m, was a nearly one-third increase in totals Keith Martin 30 Affordable Classic: Five great buys at Monterey I thought SCM was pranking me about finding one good deal, let alone five good deals, during Monterey week, but they were out there Stephen Serio 32 Legal Files The estate and gift tax exemption now stands at $5 million per taxpayer — but maybe for a very short time John Draneas 36 Sheehan Speaks If you’re in the Enzo-era market and not a billionaire, buy a Daytona, as their turn up the Ferrari price-point ladder has not yet come Michael Sheehan 52 Under the Skin: 1972 Porsche 917/10 Variants of the 917 dominated international racing in 1971–72. Then came Porsche’s involvement in the Can-Am series, in which our subject car proved so capable Dennis Simanaitis 178 eWatch A very rare Lalique Renard glass mascot that sold for $338,500 at Bonhams’ Quail Lodge auction during Monterey Car Week Carl Bomstead 76 BMW Track Time: Alex Martin-Banzer drives new M6 and M5 models around Laguna Seca 78 Aston Martin Reception: SCM throws a party, and the latest Aston Martins are the favors 80 Carmel-by-the-Sea Concours: An elegant setting with great cars and free admission starts the week off perfectly 82 Monterey Car Spotting: Cool cars abound on the roads and in parking lots 84 SCM Insiders at Monterey: What we loved, heard and hated 86 Monterey Top 200: The weekend’s highest-priced cars DEPARTMENTS 14 Crossing the Block / Auction Calendar 18 The Inside Line: Hilton Head Island Motoring Festival, London-to-Brighton, honoring George Follmer, Texas 1000, Winter Park concours 20 Contributors: Get to know our writers 22 You Write, We Read: Spot-on Ford GT, bungled “BW,” and praise for Donald Osborne 24 Display Advertisers Index 26 Time Pieces: Hamilton’s collector watches 26 Neat Stuff: Racing, Simulated and Remembered 28 In Miniature: 1937/38 Peugeot 402 Darl’mat coupe 28 Book Review: Show Car Dreams 140 Fresh Meat: 2010 Porsche 911 Carrera 4 cabriolet, 2012 Fisker Karma EcoChic, 2013 BMW M5 164 Mystery Photo: “Why do I have it hanging on the wall? To keep my kids from messing with it. That car’s a classic.” 165 Comments with Your Renewal: Add a “truck-focused” magazine to supplement your SCM + ACC 166 Showcase Gallery: Cars for sale 172 Resource Directory: Meet your car’s needs SCM Digital 10 Sports Car Market Did you know your digital issue is included free with your print subscription? Go to www.sportscarmarket.com/digital or call 503.261.0555 Ext. 1 David Tomaro

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Shifting Gears Keith Martin Riding the Wave where. If you wanted a Porsche 917, a Ford GT (classic or homage), a Ferrari TdF, a Mercedes 540K, a Mercedes 300SL Gullwing or a Ferrari Daytona, you could find one in Monterey. And all you had to do was wave your pinky enough times and the car would be yours. There was also a sense that as collectors age, they are thinning effortlessly as he becomes part of a wave. This year, every auction house in Monterey had its own waves. O Some bigger than others, some faster than others, and some breaking sooner or later than others. And on the face of every wave were bidders, in fierce competition, racing each other to be the last man standing when the wave crashed to shore — and stepping onto the beach as the new owner of the car of their dreams. New records everywhere For the past decade, we have watched the collector-car market slowly edge upward. Our cover in November of 2003 proudly proclaimed, “270 Cars Sell, $24m Total.” Both numbers are smaller than what the third-largest auction of this year’s weekend, Mecum, achieved by itself. By now the overall totals are familiar: six auctions, 786 cars sold, $258m in total sales. Forty-eight (yes, 48!) cars over $1m. Shattered world records littering the auction grounds. In July, I predicted that the final totals would be up more than 20% from 2011, going from $198m to $220m. Most thought I was being Mary-Poppins-esque optimistic, given the stagnant economy. The final number was almost $40m above my estimate. I’ve noticed that when my predictions underestimate the final outcome, no one calls for my analyst head. Why? There are a variety of reasons for this surge. Alternative forms of investment continue to be shaky — would you rather have invested $12m in 316,000 shares of Facebook at $38 each, or in one 1936 Mercedes-Benz Special Roadster? Even to non-car collectors, the continued growth of the collector-car market, even taking account of the downturn in 2009, is enticing. Having outsiders jump in when things get hot is not unusual — the same pattern holds true in real estate, jewelry and fine art. I’ve been to several seminars on investing in the past year, and the most common theme in presentations is, “I don’t know where you should put your money.” The propagation of investment funds for cars is a sign that it’s not only long-term collectors who are stepping up. Investors with liquid assets, aka money, like to have those assets working for them, earning a return. If they happen to actually like the cars they are buying, so much the better. Our sense was that bidders came to Monterey with their bear rifles loaded and triggers cocked. They weren’t going home empty-handed. The very public purchase of GTO s/n 3505GT for $35m by SCMer Craig McCaw in May of this year helped buoy market confidence. In fact, the auction companies owe Mr. McCaw a spiff just for making it easier for someone to spend a mere $5m or $10m on a car. The auction companies played to this, as they should, by offering the best selection of collector cars, in all price ranges, ever seen any- 12 ur Executive Editor, Chester Allen, is a dedicated surfer. He tells me there is a moment when a paddling surfrider catches the pulse of energy traveling through the water, pops up on the board and starts the ride — accelerating their collections, and cars were coming to market that hadn’t been seen for years. The fear is, of course, that if you don’t snap it up this time around, when will you get your next chance? Buying a million-dollar car in Monterey didn’t mark you as a risk- taker; instead, it proclaimed you were a prudent investor who was in sync with the market. Don’t worry, be happy The market today doesn’t scare me like it did in 1989. While the prices paid were a magnitude higher than might be achieved in a non-Monterey auction setting, they all made sense relative to one another. If a ’56 Speedster is worth $286k, then isn’t a Toyota 2000 GT worth $627k? Paying $396k for a 1934 Cadillac V16 seems reasonable enough when the transaction is put next to a 1928 Bentley 4½ Litre at $6m. There were outliers, of course — the most commonly noted being the 246 GTS with “chairs and flares” that brought an otherworldly $468k. But that sale didn’t cause every other Dino to double in price, and we should just be happy for the seller. Surely he smiled all the way to the bank, the beneficiary of the bountiful red mist in the room. I predict we will see a continuation of blue-chip collectibles bring- ing blue-chip prices. All nice Gullwings will soon be million-dollar cars. Ferrari SWBs, the most undervalued of all Enzo-era super-Ferraris, will cost $10m. But the market isn’t exploding at all levels. Tidy MGAs won’t get to $100,000, they’ll stay in the $30,000 range. Common cars that are easily available in restored form will percolate along just as they did before Monterey, slowly going up slightly behind the cost of a restoration. This isn’t a rising-tide-lifts-all-prices market, it’s about the 1%. Perhaps we’ll see Occupy Monterey signs next year. Timing Is it a good time to buy or sell? For a collector of means, that is never a simple question. Collectors tend to sell a big car because they’ve had it long enough, done the tours and concours — and turning the car into cash will open up options, be it other cars, real estate, a jet or art. So if you’ve got significant cars and want to turn them into money with which to do something else, yes, this is a good time. Should you wait and see if the market gets another 25% higher? We all know that trying to time the market is a fool’s mission, and as my great friend and Harley-Davidson and Bentley fanatic Barry Cooney once told me, “You never go broke taking a profit.” Should you be buying now? If you’re tired of watching your money earn 5% at best, if you’ve got a spare $10m–$50m that is underperforming, why not? Buying a Ferrari 250 Cal Spyder will get you into a new club, and will give you a chance to go to exotic-car shows in interesting places. Barring global catastrophe, I don’t foresee a general collapse of the market à la 1990–91. There just isn’t the number of second-tier cars having their values overinflated, and those are the first cars to crash. Chester tells me that waves come in sets, and an experienced surfer can spot — from far away — the one that will give him the best ride. That’s your challenge now — look at the results of Monterey, pick the car that is riding the wave that looks best to you, paddle to position yourself, and when the dark, glossy peak of the wave arrives, pop up and enjoy the ride. ♦ Sports Car Market

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Crossing the Block Tony Piff 1969 Pontiac GTO Judge convertible at Mecum Anaheim Bonhams—Veteran Motor Cars and Related Automobilia Where: London, U.K. When: November 2 More: www.bonhams.com Last year: 6/7 cars sold / $984k This annual sale offers a handful of Brass Era motorcars, just in time for the Londonto-Brighton Veteran Car Run, which accepts only automobiles built prior to 1905. The featured early lot is a 1904 RichardBrasier, consigned with an estimate of $350k–$475k. Silverstone—NEC Classic Motor Show Sale Where: Northamptonshire, U.K. When: November 17 More: www.silverstoneauctions. com Last year: 39/66 cars sold / $2m Headlining this annual sale is a 1968 Morris Mini Police Cooper S, described by the ex-Police Registrar at the Mini Cooper Register as “the best restored police Mini Cooper S known to me.” Look for a strong assortment of European and British classics with an average price of about $50k, plus a few star cars selling for six digits. Bonhams—Classic California Where: Los Angeles, CA When: November 10 More: www.bonhams.com Last year: 27/49 cars sold / $950k Bonhams’ Petersen Automotive Museum sale is an annual celebration of California car culture. The consignments range from sports and muscle to classics and exotics, mostly in the $20k–$35k range, and there always seem to be cars and memorabilia associated with the “King of Cool,” Steve McQueen. Collectible motorcycles are also featured prominently. 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 4—H&H Duxford, U.K. 4–5—AUCTIONS AMERICA BY RM Carlisle, PA 6—SPECIALTY AUTO Loveland, CO 6–7—VANDERBRINK Cologne, MN 6–7—SILVER Quartzsite, AZ 8—BONHAMS New York, NY 11–12—RM Hershey, PA 12–13—VICARI Biloxi, MS 12–13—BRANSON Branson, MO 13—COYS Ascot, U.K. 19–20—CROWN Tampa, FL 20—CHEFFINS Cambridge, U.K. 20—DRAGONE Westport, CT 20—HIGGENBOTHAM Lakeland, FL 20—VANDERBRINK Stockton, KS 20—RM Grapevine, TX Bonhams’ 1904 Richard-Brasier 14 Sports Car Market 21—BONHAMS Stafford, U.K. 22—SHANNONS Sydney, AUS 25—WEBBS Auckland, NZ 25–27—MECUM St. Charles, IL 26–28—COLLECTOR CAR PRODUCTIONS Toronto, ON, CAN 27—VANDERBRINK Archer, NE 28—MOTORCLASSICA Melbourne, AUS 30—BARONS Surrey, U.K. 31—RM London, U.K. 31—H&H Buxton, U.K. NOVEMBER 2—BONHAMS London, U.K. 3—SMITHS Paducah, KY 10—BONHAMS Los Angeles, CA 11—ARTCURIAL Paris, FRA 14—BONHAMS Harrogate, U.K. 15–17—MECUM Anaheim, CA 16–18—LEAKE Dallas, TX 16–18—McCORMICK Palm Springs, CA 17—SILVERSTONE Northamptonshire, U.K. 24—DAN KRUSE CLASSICS Houston, TX 26—SHANNONS Melbourne, AUS 28—BRIGHTWELLS Herefordshire, U.K. 30–DEC 1—VICARI New Orleans, LA DECEMBER 1—RM North Palm Beach, FL 3—BONHAMS Brooklands, U.K. 4—COYS London, U.K. 5—H&H Newbury, U.K. 6—RALEIGH CLASSIC Raleigh, NC 6–8—MECUM Kansas City, MO 18—BARONS Surrey, U.K. Courtesy of Bonhams Courtesy of Mecum Auctions

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Crossing the Block Tony Piff 1965 Chevrolet Corvette 327/365 with 4-speed at McCormick’s Palm Springs Classic Artcurial—Automobiles sur les Champs 4 Where: Paris, FRA When: November 11 More: www.artcurial.com Last year: 59/69 cars sold / $3.8m This Paris sale takes place “in house” at Artcurial’s very fashionable Hotel Particulier, on the corner of the Champs Elysees and Avenue Montaigne. The 60 cars on display will span the European collector-car spectrum at a range of five-digit price points. Bonhams—Collectors’ Motor Cars, Motorcycles and Automobilia Where: Harrogate, U.K. When: November 14 More: www.bonhams.com Last year: 80/93 cars sold / $1m A 1931 Rolls-Royce 20/25 Shooting Brake ($65k–$75k) is the featured lot at Bonhams’ annual Harrogate sale. It’s a great place to score a classic sports car for under $20k. Expect plenty of Jags, MGs, Triumphs and Bentleys, plus Porsches, Mercedes and an Alfa or two. Mecum—Anaheim 2012 Where: Anaheim, CA When: November 15–17 More: www.mecum.com Mecum predicts 750 vehicles 16 for this inaugural auction, hosted at the Anaheim Convention Center. Muscle, hot rods and sports cars will reign, led by a 1970 Ford Mustang Boss 302, a 1932 Ford McMullen roadster, a 1936 Ford Jack Calori coupe, a 1950 Ford Custom convertible, a 1969 Pontiac GTO Judge convertible and a 1969 Ford Mustang Boss 429 fastback. McCormick—53rd Palm Springs Classic Car Auction Where: Palm Springs, CA When: November 16–18 More: www.classic-carauction. com Last year: 356/547 cars sold / $5.9m 500 cars will cross the block over three days at McCormick’s 53rd auction, held at the Spa Resort Casino in downtown Palm Springs. Among the noteworthy cars are a restored 1963 Porsche 356 B coupe with 57,600 miles and documented history; a 1965 327/365 Chevrolet Corvette with 4-speed, sidepipes and cast alloy knockoffs; a 1953 Chrysler Town & Country wagon, same owner since 2001; and a 1981 DeLorean DMC-12 Time Machine, constructed by “Videobob” Moseley of Texas TV Cars of Dallas — the only builder endorsed by Kevin Pike, designer of the original DeLorean movie car. Leake—Dallas 2012 Where: Dallas, TX When: November 16–18 More: www.leakecarauction.com Auctioneers will work two simultaneous rings over three days for a total of 600 cars at this annual event. The featured early headliner is a 1963 Chevrolet Corvette 327/300 convertible with 4-speed in red over black. In the same private collection for 20 years, the numbers-matching car has now been driven just 200 miles since rotisserie restoration. Dan Kruse Classics—Houston November Where: Houston, TX When: November 24 More: www.kruseclassics.com High-quality American classics at drivable prices will dominate this annual sale of a few hundred cars, held at the George R. Brown Convention Center in Houston. The selection of muscle, customs, hot rods and pickups is always impressive, with a mix of European sports and luxury cars thrown in for variety. ♦ 1968 Morris Mini Police Cooper S at Silverstone Sports Car Market Courtesy of McCormick Courtesy of Silverstone

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Inside Line Alex Martin-Banzer Send news and event listings to insideline@sportscarmarket.com. 1911 EMF racer at the Hilton Head Concours d’Elegance Events ■ The Hilton Head Island Motoring Festival & Concours d’Elegance continues through November 3–4 on Hilton Head Island, S.C., and this car extravaganza is a must for gearheads. On November 3, the unique Motoring Midway exhibits car history and technology, with a focus on historic boats and motorcycles this year. The Car Club Jamboree, featuring the marques of Great Britain, also happens on November 3, with more than 150 different types of cars present. The car-saturated weekend ends on November 4 with the Concours d’Elegance. The Ford Model T is the honored marque this year. All events are at the Coastal Discovery Museum at Honey Horn. Admission ranges from $15 to $35, and there are special packages available for purchase. Children younger than 12 receive free admission. www.hhiconcours.com (SC) ■ On November 4 — rain or shine, but probably rain — more than 500 pre-1905 automobiles will test their endurance during the 79th London to Brighton Veteran Car Run. The historic 60-mile trek starts at Hyde Park in central London and ends at Madeira Drive in the seaside 18 resort of Brighton. People from all over the world come to watch these historic cars lug their way to the finish at an average speed of 20 mph — or even slower. The free Regent Street Motor Show is on November 3 from 10:30 a.m. to 4 p.m. www.veterancarrun.com (U.K.) ■ The Petersen Automotive Museum and Checkered Flag 200 Group will honor legendary race driver George Follmer, who drove in Can-Am, NASCAR, Formula, the Indianapolis 500 and many other race series. The evening begins at 6 p.m. on November 8 at the Los Angelesbased museum. Follmer’s former race cars, including the formi- dable Porsche 917/10, will be on display. Films of Follmer racing will be shown, and fellow race drivers, including Dan Gurney, Parnelli Jones and John Morton, will share their memories. The cost of the evening is $125 per person. www.petersen.org (CA) ■ The motto “Everything in Texas is bigger and better, including the good times!” really rings true for the 15th Annual Texas 1000 from November 11 to 16. Participants will experience four days of driving on lonely, beautiful roads through the Texas Hill Country. Each day will have a 250-mile route that includes visiting car collections and museums. The fleet will have 50 driver/navigator teams, as well as professional mechanics and luggage hauling. The tour is $5,595 for one car and two participants. Proceeds go to charity. www.vintagerallies.com (TX) ■ Each year when autumn rolls in, we all yearn for one last summer concours. Good thing it’s always summer in Orlando, FL, where the 11th Winter Park Concours d’Elegance takes place on November 11. Organizers close down six blocks of Park Avenue to showcase more than 120 beautiful classic cars. Admission is free for the public. www.winterparkconcours.com (FL) ♦ Stopping to visit a car museum on the Texas 1000 Sports Car Market

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SCM Contributors STEPHEN SERIO, SCM contributor, is the president and owner of Aston Martin of New England / Lotus Motorsports Inc. in Waltham, MA, although 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 and Corgi cars. 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 a Porsche 356A Speedster and 356A European coupe, Ferrari 275 GTS and 246GT, BMW 2002 and a Hudson Hornet. Twins Rocco James and Enzo Nicholas now have their own stash of Matchbox cars inherited from older brother Jack. Serio’s vintage-Porsche-driving wife, Amanda, tolerates this all nicely. Turn to “Affordable Classic” on p. 30 to fi nd his picks for the best buys of Monterey 2012. MILES C. COLLIER, SCM contributor, is a retired business executive, practicing artist, investor, philanthropist and noted authority on vintage automobiles. He nurtured his interest in art at Yale University, where he received a B.A. in painting. When family business intervened, he received an MBA from Columbia University. He retired as Managing Partner of Collier Enterprises in 1995 and returned to painting, now professionally. Collier maintains a private automobile collection in Naples, FL, and hosts biennial symposiums on automobile connoisseurship. This month, on p. 60, he examines why two Ford GT40s sold for very different prices in Monterey. ROBERT CUMBERFORD, SCM contributor, has pursued parallel career paths for more than 50 years, fi rst as a car designer, then as a writer specializing in design. The fi rst car made to his sketches — a one-off known as the Parkinson Jaguar Special, which is still vintage-racing — was done when he was 15 years old. At 19, he was a General Motors designer, working chiefl y on Corvettes, and he had been published in national magazines. From 1958 onward, he has been an independent designer, working for major car manufacturers in Europe and the U.S. and for small-volume specialists. He taught transportation design at the Art Center College of Design, is the editorialist for Italy’s Auto & Design magazine, and has written a popular car design column for Automobile Magazine for 25 years. This issue brings his second feature piece for SCM — a car designer’s thoughts on what would be nice to drive home from the 2012 Monterey Car Week. Read it on p. 74. KEN GROSS, SCM contributor, has been an auto writer for 38 years, and his work has appeared in Playboy, AutoWeek, Hemispheres, The Rodder’s Journal, Street Rodder and Hot Rod Magazine. He wrote the award-winning TV series “Behind the Headlights,” and his books include Hot Rods and Custom Cars, Los Angeles and the Dry Lakes: The Early Years, Art of the Hot Rod, Hot Rod Milestones and The Allure of the Automobile. He was curator of the “Allure of the Automobile” exhibit at the Portland Art Museum during the summer of 2011. He was director of the Los Angeles-based Petersen Automotive Museum and has judged at Pebble Beach for 20 years. In this month’s German Profi le on p. 42, he looks at the amazing history — and jaw-dropping auction price — of a 1936 Mercedes-Benz 540K Special Roadster. 20 Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Executive Editor Chester Allen chester.allen@sportscarmarket.com; 503.261.0555 x 203 Art Director David Tomaro david.tomaro@sportscarmarket.com; 503.261.0555 x 202 Managing Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Digital Media Director Jeff Stites jeff.stites@sportscarmarket.com; 503.261.0555 x 221 Auctions Editor and Photographer Tony Piff tony.piff@sportscarmarket.com; 503.261.0555 x 206 Associate Editor Chad Tyson chad.tyson@sportscarmarket.com; 503.261.0555 x 207 Copy Editors Yael Abel, David Tomaro 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), Robert Cumberford (Design), John Draneas (Legal), Prescott Kelly (Porsche), Donald Osborne (Etceterini), Michael Sheehan (Ferrari), Dennis Simanaitis (Technical), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Jay Harden, Paul Hardiman, Alex Hofberg, Simon Kidston, Ed Milich, Stephen Serio, John L. Stein Information Technology / Internet Brian Baker brian.baker@sportscarmarket.com; 503.261.0555 x 215 Lead Web Developer Marc Emerson marc.emerson@sportscarmarket.com; 503.261.0555 x 212 SEO Consultant Michael Cottam me@michaelcottam.com; 503.283.0177 Financial Manager Therese McCann therese.mccann@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print / Promotions Manager Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Intern and Blogger Alex Martin-Banzer Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Jeff Brinkley jeff.brinkley@sportscarmarket.com; 877.219.2605 x 213 Randy Zussman randy.zussman@sportscarmarket.com; 877.219.2605 x 214 Advertising Coordinator / Web Content Administrator Erin Olson erin.olson@sportscarmarket.com; 877.219.2605 x 218 Classifi ed Advertising classifi eds@sportscarmarket.com SUBSCRIPTIONS Subscriptions Manager 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 © 2012 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive Investor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright offi ce. Canada Post Publication Agreement #41578525 PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com If you buy the Ford GT, that’s it. There won’t be another to replace it and the design is timeless. Buy the Ford while you can Comer’s spot-on Ford GT profile To the Editor: I enjoyed Colin Comer’s article on the Michael Dingman Ford GT sale (SCM October 2012, American Profile, p. 56). Colin hit it on the head. I was Ford’s West Coast representative through the development and launch of the Ford GT. I arranged three customer research clinics as the car was being designed, accompanied Carroll Shelby to the prototype showing at Concorso Italiano and proposed (to Jon Shirley) the Christie’s auction that Colin referenced. In the course of this, I accumulated a list of prospective buyers that was submitted to Dearborn. Many of those individuals phoned me in 2005–06, and a typical conversation was, “I’m debating between buying a Ford GT or another Ferrari (or Lamborghini or Carrera GT).” My reply was, “If you buy a new Ferrari/Lamborghini/Porsche, you’ll love the car. But, after a couple of years, it will be outdated, replaced by the next model. If you buy the Ford GT, that’s it. There won’t be another 22 to replace it and the design is timeless. Buy the Ford while you can.” Many who did that have re- mained in touch, and a frequent comment is, “I drive the Ford GT much more than I thought I would. It’s a real car.” During college years, I had the thrill of watching from many racetracks as the GT40 story unfolded. It was a repeat thrill to participate in the car’s rebirth 40 years later. Such a repeat success is a rare thing! — John Clinard, Ford Motor Company SCM’s bungled “BW” comment To the Editor: In the latest SCM on p. 113 (October 2012, Auction Roundup) in the item about a 1973 Series III E-type, a statement is made that the “BW” suffix on the chassis number means the car was built as a coupe. This is not correct. “BW” (standing for Borg-Warner) merely indicates that the car has automatic transmission and could apply to either a coupe or roadster. The BW designation was also used on other Jaguar models. — Mike Cook, Archivist, Jaguar North American Archives Durham’s damage To the Editor: Your “Legal Files” article on Tim Durham was very accurate and comprehensive, considering the brevity of the article versus the details of the case (September 2012, p. 46). I’m a longtime SCMer, frequenter of major auctions, and have met Durham many times. Most importantly, however, I live in a suburb of Akron, OH, the home of Fair Finance, the company Durham and his partners acquired and proceeded to scam the investors. The Ponzi scheme Bernie Madoff created was designed to fleece millions from millionaires. Durham stole $200 million from 5,400 families. Do the math. That is an average of $37,000 each from older, blue-collar, hardworking people who had successfully invested their life savings in Fair Finance for 50 years. In just two years, Durham’s narcissism, ego and greed wiped these people out, never to recover. I know some of these people who lost everything. If he gets 50 years without parole, it may not be enough. — Jim Snider, Sharon Center, OH More Swig memories To the Editor: You had to have gone to the press long before Martin crossed the double yellow for the last time. So I am voting for divine intervention as to how an Alfa got on the cover of the September issue. I first became a subscriber to SCM and first met Publisher Martin on Swig’s California Mille in the early 1990s. After getting free copies of SCM at the Mille, at a Petersen Museum auction and at the Monterey Historics, I asked why I should subscribe when it was offered free at so many events. Keith dubbed me “Mooch Of The Year,” and I still treasure a T-shirt I wore to The Quail that listed all of the free locations for copies of SCM. Keith was announcing, and we were photographed together at that event. Swig’s Mille was my inspiration when I created the “No Sports Car Market Courtesy of RM Auctions

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You WriAd Indexte We Read 2shores International .................................. 169 Advanced Retirement Income Solutions ... 143 Alan Taylor Company, Inc ..................153-154 Aston Martin of New England ................... 163 Auctions America ......................................... 13 Autobooks-Aerobooks ................................. 72 Automotive Restorations Inc. .................... 177 Autosport Designs Inc .................................. 79 Barrett-Jackson ............................................ 23 Bennett Law Office ...................................... 65 Beverly Hills Car Club ............................... 169 Blackhawk Musem ....................................... 89 BMW Car Club of America, Inc. ............... 159 Bob Smith Coachworks, inc. ..................... 113 Boca Raton Concours d’Elegance ............. 125 Bonhams / SF ......................................... 15, 17 Bonhams / UK .............................................. 19 Branson Collector Car Auction .................... 25 Canepa .......................................................... 71 Carlisle Events ..................................... 73, 139 Carrera Motors ........................................... 131 Cavallino Events .......................................... 27 Century 1031 Exchange, Inc. ....................... 65 Charles Prince Classic Cars ....................... 103 Chubb Personal Insurance ............................ 93 Classic Assets Motorsports Center ............. 157 Classic Restoration ....................................... 45 Classic Showcase ....................................... 137 Collector Studio ......................................... 161 Copley Motorcars ....................................... 144 Cosdel ........................................................ 145 CXC Simulations ....................................... 119 DJM Investments ....................................... 135 Dragone Classic Motorcars Inc. ................... 72 Driversource Houston LLC ................ 149, 155 European Collectibles ................................ 149 Exotic Classics ........................................... 170 F40 Motorsports ......................................... 171 Fantasy Junction ......................................... 147 Ferrari Financial Services .......................... 147 Fourintune Garage Inc ................................. 72 General Racing ............................................. 53 Gooding & Company ..................................... 2 Greensboro Auto Auction .......................... 141 Gregor Fisken ..............................................4-5 Greystone Mansion Concours d’Elegance ... 87 Grundy Insurance ....................................... 161 Gullwing Motor Cars, Inc. ......................... 177 Hagerty Insurance Agency, Inc. ................... 49 Hamann Classic Cars ..................................... 6 Heacock Classic .......................................... 29 Heritage Classics .......................................... 99 Hyman, LTD .............................................. 115 Intercity Lines .............................................. 33 JC Taylor .................................................... 121 Jeff Brynan ................................................. 170 JJ Best Banc & Co ..................................... 167 Kastner & Partners Garage ........................ 157 Kidston ........................................................... 7 Laguna Classic Cars & Automotive Art ..... 170 Leake Auction Company ............................ 117 LeMay - America’s Car Museum ................. 65 Liberty Motors, USA ................................. 160 Mac Neil Automotive Products Ltd ............. 81 Mecum Auction .............................................. 9 Mercedes Classic Center ............................ 163 Mercedes-Benz Club of America ................. 61 Mershon’s World Of Cars .......................... 165 Michael Furman/Coachbuilt Press. ............ 101 Mid America Auctions ............................... 123 Miller’s Mercedes Parts, Inc ...................... 144 Motor Classic & Competition Corp. .......... 177 Motorcar Gallery ........................................ 175 Palm Springs Exotic Car Auctions ............. 109 Paramount Classic Cars ............................. 133 Park Place LTD ............................................ 21 Paul Russell And Company ....................... 171 Plycar Transportation Group .......................111 Premier Classic Car Collection .................. 180 Premier Financial Services ........................ 179 Private Garage, LLC. ................................. 129 Putnam Leasing ............................................ 37 Reliable Carriers .......................................... 95 RM Auctions ................................................ 11 Road Ready Certified ................................... 77 Road Scholars .............................................. 97 Ron Tonkin Gran Turismo ......................... 151 RPM Auto Books ....................................... 170 Russo & Steele LLC .................................... 59 Silver Collector Car Auctions ...................... 54 Sports & Specialist Cars ............................ 151 Sports Car Market ...................................... 132 SWISSVAX AG ........................................... 55 Symbolic Motor Car Co ................................. 3 T. Rutlands ................................................. 107 The Auto Collections ................................. 105 The Last Detail ........................................... 159 The Stable, Ltd. .......................................... 127 Vintage Rallies ........................................... 153 VintageAutoPosters.com .............................. 72 24 You Write We Read ... poseurs on a budget often scrimped on the maintenance — never good for any car, much less a Maserati or a Jag… Frills Iron Bottom Motoring Tour.” The idea was a spoof of people who paid big bucks to drive their own cars on public roads. The NFIBMT was free. It started with 17 cars and grew to over 120. Any pre-1975 car was welcome. Pre-war Bentleys, a Citroën Méhari, Lamborghini Miura, Astons and VW Bugs. Martin Swig participated frequently and dubbed it one of his favorite events. While the California Mille is Swig’s crowning achievement, his enthusiasm spawned dozens of “Rat Tours,” the 24 Hours of LeMons and too many vintage events to count. Martin was a master at getting others involved. I’ll be 80 in a few weeks, so modern lingo escapes me; suffice to say Martin Swig was one keen guy. — Ed Pasini, Las Vegas, NV The talented Mr. Osborne To the Editor: After a Monterey car week replete with auctions, vintage races, parties, seminars and exhibits, one of the most surprising and excellent memories is SCM’s own Donald Osborne opening the Carmel Concours with his singing of the “StarSpangled Banner.” And he did it proud. Talk about a man for all seasons! — Norman Vogel, San Francisco, CA The Talented Mr. Osborne, Part II To the Editor Kudos to Mr. Osborne on a job well done with his recent article on the Maserati Merak (October 2012, Affordable Classic, p. 28). As the owner of a sub-15,000-mile Merak SS, I’m pleased to see that his factual information was correct and well presented, plus his positive and negative comments about the car’s driving, and care-andfeeding, are fair and accurate. The Merak is somewhat like the Jaguar E-type. They were really inexpensive to buy for a while, so poseurs on a budget often scrimped on the maintenance — never good for any car, much less a Maserati or a Jag. The advice to avoid the bottomfeeders, and spend a little more for a good car, is of course solid counsel, as the satisfaction of driving it will come sooner, the hassle will be less, and the return will be higher come sale time. If you can’t afford a Bora and don’t want a Mondial, consider a Merak. I did and have not regretted it. Again, job well done, Donald. — Matt Stone, via email Bentley Continentals and Cadillacs To the Editor: The 1954 Bentley R-type Continental Fastback reported on in your October issue (October 2012, English Profile, p. 48) correctly describes why the R-type is such an outstanding automobile; Paul Hardiman does this Bentley a great service. I would like to remind your readers that Mr. Hardiman’s statement that “it’s no secret that the rear styling is directly ripped off from the 1949 Cadillac” should be refined. In 1948, Cadillac introduced tail fins, which started a design revolution emulating fighter aircraft, so therefore we need to go back further into Cadillac design to find the true DNA for the rear treatment of the Continental. The flowing lines of the 1949 Cadillac Club Coupe were taken from the design in 1942 that reappeared in 1946 and 1947, a full 12 years before your profiled Continental. The Cadillac Series 62 Club Coupe of this period would be a better comparison to the Bentley Continental design. Good luck trying to find one of these exceptionally designed “Classic” Cadillacs. — Ed Winkler, via email ♦ Sports Car Market

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Time Pieces by Alex Hofberg Hamilton’s Excellent, Affordable Collector Watches The Hamilton Watch Company of Lancaster, PA, was, by their own advertising, “America’s Finest Watch.” Remarkably, most collectors and watchmakers would agree. Hamilton built a dream team of experts and visionaries — from the remarkable talent in their movement-design department to their tool and die makers and engineers — who designed and built much of the company’s machinery — to their chemists and metallurgists, who developed their lubricants and alloys. But the designers, who were responsible for the outward look of the watches and dials, deserve special respect and applause. In the early years of the 20th century, almost all men’s watches were carried in the pocket. It wasn’t until World War I that men started looking for ways to add a strap to small pocket watches to ease reading the time while in the fi eld. As a device for soldiers to wear, the classic round dial with wire lugs was functional, but, as a marketable fashion accessory, it was somewhat limiting. From a technical standpoint, the movements inside pocket watches were already in production, and, with little modifi cation, could be adapted for wrist wear. But to attract a clientele, Hamilton’s stylists looked fi rst toward the geometrical shapes of square, rectangle, oval and barrel to give the product an artistic or personal aesthetic. Some cases were engraved to add a little detail to an otherwise simple surface. Although they are terrifi c watches, the early wristwatches were somewhat blandly styled and given bland names, such as “Cushion B” and “Tonneau.” In the late 1920s, Hamilton allowed their design team greater ar- tistic freedom with regard to shape, strap attachment, numerical font choices, and the use of alternative methods of displaying the numerals. Shapes became more complex, surfaces were given facets and more elaborate junctures. Dial treatment and numeral application and stylized fonts were important palette choices. Traditionally, numerals were Details Production Date: Circa 1929 Best Place to Wear One: To the allnight Marx Brothers Movie Marathon Ratings ( Rarity: Durability: Parts/Service Availability: Cool Factor: Web: www.hamiltonwatch.com Neat Stuff by Tony Piff Keep your ticket handy and secure while you stroll the paddock at Laguna Seca — and show that you have a clue about motorsports history — with a Martini Racing lanyard ($9.99). RetroMotoring & Co. celebrates that golden age of racing with a range of licensed products featuring iconic teams and drivers, such as Martini, Chaparral and Tyrrell. www.retromotoringco.com 26 is best): painted onto the dials with either enamel paint or a paste of radium made into a paint to glow in the dark. In the case of pocket-watch dials, the numerals were painted on the dial and fi red into the porcelain surface. One of the signifi cant manufacturing breakthroughs came by creating a process to both make and perfectly align three-dimensional gold numerals in many styles that could be added to the fl at surface of the dial —giving it depth and luster. From this period came three of Hamilton’s most iconic offerings, and some of the most-collectible, hardest-to-fi nd pieces: The Piping Rock had a cir- cular dial framed in a tonneaushaped outer surround with hinged strap attachments. The Spur (rarest of the three) had Art Deco styling that gave the illusion of a spinning star. The third design was the Coronado (pictured). All had a fi red vitreous enamel bezel with inset gold numerals mounted outside of the dial and crystal that marked the hours, leaving the dial to display only a track to mark the division of minutes and the name “Hamilton.” The effect was to unclutter the dial and add a subtle permanence to the numerals — as if they were set in stone. The watches proved to be easy to read, and the black contrast to the gold was rather striking. The naming of these new models and many others from the same period was also a notable departure for the Hamilton marketing department. Hamilton pocket watches were typically named simply for the model number of the movement contained within, such as the 992-B. The early wristwatches were named, blandly, “Cushion B” or “Square.” In one later series, the models carried the names of exclusive golf clubs, such as Flint Ridge and Meadowbrook. Soon after, the watches took on carefully chosen names that were slightly obscure and gave the notion of a millionaire’s idea of what to name a child; Hayden, Brooke, Richmond, Brock, Trent, etc.... Thanks to a combination of unsurpassed build quality, a broad and steady fl ow of models from the 1920s through the early 1970s and a good supply of spare parts, Hamilton has become a very collectible watch. With prices for some Hamilton watches starting at about $100, many levels of enthusiasts can afford to jump in. If the Spur, Piping Rock or Coronado is on your radar, expect to spend $2,000 and up. So Real It’s Scary Accessorize That Ticket The CXC Motion Pro II is more than just a dazzlingly high-def panoramic video game. It’s a bone-rattling simulator that recreates all the physical sensations of actual racing. The crushing G-forces of braking, cornering and accelerating are all felt through the four-point harness, which dynamically adjusts tension as the racing bucket tips and swerves on electromechanical actuators. Pedals, shifters and steering wheel convey critical tactile information, such as road texture and tire grip, as well as the particular driving dynamics — engine vibration, oversteer, downforce, clutch feel — of your vehicle of choice. (The selection of cars and tracks is vast and ever-expanding, with an emphasis on historical accuracy.) Construction and materials are impressive and bear no resemblance to a plastic arcade toy. Prices start at $45k, or lease one for $766 per month. www.cxcsimulations.com © Sports Car Market

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In Miniature by Marshall Buck 1937–38 Peugeot 402 Darl’mat Coupe I am a sucker for wonderful Art Deco coachwork. Fitting the bill perfectly are the 1936–38 Peugeot Darl’mat 302 and 402 convertible, roadster, and my favorite — the coupe. These rare cars were the brainchild of Peugeot dealer Emile Darl’mat, whose foresight, involvement and support of Peugeot was signifi cant. To create these special cars, Darl’mat collaborated with Georges Paulin for design of the bodies and Marcel Pourtout for the coachbuilding. Numerous automobiles, including the standard fare of great classic cars, have been replicated in 1:18 scale, although only a handful in the Art Deco category have been modeled. Going down in size, there are several other very good pieces that have been made in 1:24 scale. And then, further down in size, moving to small, 1:43 scale, there is a vast selection, giving collectors a wealth of choices in that scale. The 1:18 scale Peugeot Darl’mat is brought to us, not surprisingly, by the French fi rm Norev. Also not surprising is that these models are made in China. Norev produces a wide range of toy automobiles and mid-level models in several scales. Their Darl’mat coupe, Le Mans roadster, and a 402 Eclipse are all 1937 vintage. I took my time before pulling the trigger to buy this coupe model, but I am very happy that I fi nally did. I waited because I knew that the detail would simply be okay, supply was plentiful, and demand somewhat low, as there was very poor marketing and distribution. This model looks much better in person than in Model Details Production Date: 2009 Quantity: 5,000-plus models SCM Five-Star Rating: Overal Quality: ½ Authenticity: Overall Value: Web: www.norev.com any photos I have seen — perhaps due to the shape and color. The jet-black paint with green accent striping is striking and reasonably well applied, although mine had a slightly rough hood surface and a glue stain on one fender near the hood. Overall, the body shape was very well captured. I believe that the specifi c car Norev tried to rep- licate is a 1937 402, not a 302 as listed on the box, and unfortunately, as badged on the grille. Also absent from the grille is a Peugeot emblem Speaking Volumes by Mark Wigginton Show Car Dreams By Robert E. Larivee Sr., GP/Publishing, 300 pages (Amazon) $250–$500 Roadster Show. Hot Rod Show. Motorama. Rod & Custom Show. The names change from city to city, but it all means the same thing: The Chrome Circus is coming to town! And in my experience, it’s a lot like the circus: a handful of big acts (great cars), a few scary sideshow acts (novelty cars, movie cars) and a whole lot of semi-interesting fi ller acts, such as the Cage of Death and Chinese acrobats (a mess o’ cars pretty well done). Author Bob Larivee Sr. has seen it all — and probably spent as much time creating and cleaning up circus-sized messes as anyone in the business. With 50 years in the car-show business, he decided to put together this chronicle of the nationwide show circuit, the promoters who made it happen, the builders who created rolling art, and the fans who bought the tickets and fi lled the aisles. Additional writers include David Fetherston, Greg Sharp, Phyllis Bryan, Janet Biers, Bill Moeller, Debra Vogele and Larry Way. Being the showman he is, Larivee wasn’t satisfi ed creating a book and letting Amazon fl og it. He wasn’t even satisfi ed doing just a book. There are three models of Show Car Dreams. Each volume comes in a velvet-lined black wooden box. The basic model ($250) is the 300-pager reviewed here, the upgrade ($295) comes with an additional chapter on one of nine regional shows: Detroit Autorama, Grand National Roaster Show, Mid-America, Louisville, Great Lakes, Chicago/Milwaukee, Texas and Toronto. And for $495 — plus shipping — you get the Big Book, 492 pages of history! A 28 numbered, limited edition! Call now! You can almost hear the late-night commercial, can’t you? Show Car Dreams is a detailed look at the world of hot- rod shows, with plenty of behind-the-scenes stories, profi les of the movers and shakers of the car world, the artists who made the cars, and especially the automotive-loving promoters who put on the shows that delighted us all. What a circus! Wasn’t it fun? Provenance: Larivee was at the center of the hot-rod show world, and with 50 years of experiences and friendships, he was the guy to write the book. Fit and fi nish: Designed by David Fetherston, the book features plenty of quality photos of some of the most outstanding and outlandish show cars from the past 50 years. A clean design supports it all. Drivability: There is something sweet and crazy about this book at the same time. It’s history, kind of, in that it recreates and honors decades of car shows. It’s autobiography, kind of, mixed with lots of profi les of the folks around Larivee, although that isn’t what you expect when you start turning the pages. And it’s over-the-top insane as a business proposition, reaching for the stars with not that much to work with (how big can the market be?). That overreach is fi tting, as this kind of passionate dedication to putting on a show marks the history of indoor custom and hot-rod gatherings. It’s self-promotion at its fi nest, and perfectly fi tting coming from Larivee. Call it the oddest, best, most-expensive guilty pleasure book I’ve seen. ♦ Sports Car Market and the separate “Special Sport” script. This might be due to parts-sharing with their 302 Le Mans Roadster model. That aside, the chrome grille with its crisp thin bars is very well done. Speaking of chrome, the various plated parts are pretty good, including the very delicate door handles and windshield wipers. Some of the brightwork bits such as traffi cators and hood hinges are molded in and only received some silver paint. The chassis and engine detail are so limited that they beg the question of why bother. Yes, they’re simplistic and more like a toy than a model. The interior, with cream steering wheel, dash, headliner and tan sun visors, is quite nice — and best viewed by looking through the windows. Open either of the poorly hinged doors at your own risk! The door hinges on this model are the worst I have seen in years, and if you do not perform the proper swing and push action as you close the door, then the panel is likely to pop out and fl y though the air. You’ll probably fi nd it — but good luck putting it back on. Considering the price range of $55 to $75, this model, de- spite its shortcomings, represents very good value. Display this as a piece of art, and you will be very happy.

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Affordable Classic Five Great Buys at Monterey Best Buys on the Peninsula $6.6m is a bargain price for this California Spyder. Without this car — the very first one — the others don’t exist by Stephen Serio I think we can officially do away with the term “Affordable Classic” when speaking about Monterey. In my opinion, when using the term “affordable,” we should generally be referencing something that the masses could easily afford. The five rides I’ve chosen are valued from the mid-five digits to the mid-seven digits. That’s affordable, Monterey-style. Five auction houses replete Details 1953 Hudson Hornet Sedan Years produced: 1951–54 Number produced: 27,208 in 1953 Original list price: $2,543–$3,099 SCM Current Valuation: $17,500–$25,000 Tune-up cost: $500–$750 Distributor cap: $15 Chassis #: Body tag visible when passenger’s door is open Engine#: Bottom of block, driver’s side Club: www.hudsonclub.org More: www.hetclub.org with hundreds of cars of every marque, age and condition transformed this sleepy peninsula into the world’s largest classic car showroom. I spent six days canvassing this full extravaganza of inventory, and there weren’t more than a handful of deals. From least to most expensive, here are five sold lots that each owner should be thrilled to now own. Alternatives: 1953 Chevrolet Bel Air, 1953 Ford Crestline, 1953 Nash Ambassador SCM Investment Grade: C 1953 Hudson Hornet Lot 101, sold for $61,600 at RM’s Monterey Auction on August 17. Is this the classic case of the first lot or last lot being the best deal of the night? Of course, Hudson Hornets in average condition with fair paint and somewhat tatty interiors are available for much less than this price — about 50% less, actually — but not one that was owned by Steve McQueen. This has to be one of the few McQueen cars not to have made massive headlines for selling for 10 times estimate during the past few years. I don’t think the McQueen craze has peaked just yet, either. Perhaps it’s because the car wasn’t featured in the recent McQueen’s Machines: The Cars and Bikes of a Hollywood Icon, or because it was a rather pedestrian Hudson Hornet — or maybe it was because this was the first lot on a very busy two-day affair at RM that this buyer got a great deal. Major auction houses have offered Hornets throughout this year, and perhaps this is a sign that they are now being more widely accepted 30 by more collectors —or maybe the “Cars” movies have helped put them on the map with a generation of younger collectors. Gooding’s 1952 Hudson Hornet, Lot 112 on August 19, brought $178,750. The car was completely restored and magnificent, and yes, an auction anomaly, and not a great buy like this one. 1987 Aston Martin V8 Volante Lot 29, sold for $103,400 at Gooding & Company’s Pebble Beach Auction on August 18. This car was very near and dear Details 1987 Aston Martin V8 Volante, fuel injected Years produced: 1986–89 Numbers produced: 216 worldwide Original price: $89,850 SCM Current Valuation: $55k–$85k Tune-up cost: $3,500 Distributor cap: $361 (the car has two) Chassis #: Tag on driver’s door jam, left front frame (stamped) Engine #: Engine tag on Inner fender/ stamped on back of engine Club: Aston Martin Owners Club More: www.amoc.org Alternatives: 1989 Ferrari 328 GTS, 1987–89 Porsche 911 Turbo 3.3 Cabriolet, 1975–81 Jaguar XJS SCM Investment Grade: C to me, as I sold this car last spring for considerably more money. I’ve known the car for years. As far as V8 Volantes go, it ticks all of the boxes: low miles, docu- mented ownership, 5-speed manual transmission, original paint and interior and a lot of recent service. The only knock is that it still possesses the rather dull U.S. federal bumpers, but that can easily be rectified if you so choose. I don’t honestly think V8 Astons do particularly well in an auction environment, and this is not the first example to sell at a true wholesale number this year. I can’t say why these cars regularly change hands privately for more money, but this was a no-reserve sale with the estimate being $140,000 to $180,000. The Aston Martin deal of the weekend award is given to this astute buyer. 1971 Mercedes Benz 280SE Cabriolet Lot 496, sold for $131,500 at Bonhams’ Quail Lodge Sale on August 17. More than one classic-car dealer lamented about not being the high bidder on this car. That’s a good sign for the end bidder here. Overall, this auction, in my view, was sparsely attended, and a great many lots did not sell. Opportunities can knock if the room is quiet. Sports Car Market Images courtesy of the respective auction houses

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This Mercedes seemed to be a proper, straight example with a solid catalog story. It seems a large percentage of 1971 280SEs were painted Tobacco Brown, and this is always a discount in the eyes of most buyers, but a great 280SE Cabriolet is over $225k, and ratty drivers can be $100k, so this car looked like an opportunity. I think this was $25k light on the sale price. 1955 Mercedes-Benz 300SL Gullwings Lot 3, sold for $638,000, and Details 1971 Mercedes-Benz 280SE 3.5 Cabriolet Years produced: 1971 Number produced: 801 made for the U.S. market Original list price: $13,500 SCM Current Valuation: $95,000–$150,000 Tune-up cost: $1,500 Distributor cap: $200 Chassis #: Data tag in driver’s door jamb, serial number tag behind windshield, passenger’s side inner fender (stamped) Engine #: Driver’s side engine block Club: Mercedes-Benz Club of North America More: www.mbca.org Alternatives: 1997–2006 Maybach 57, 1966–70 Bentley T1 MPW, 1970–72 Aston Martin DBSV8 Lot 151, sold for $1,127,500, at the Gooding & Company Pebble Beach Auction on August 18 and 19. Two deals, two different examples, two nights and two happy buyers. Mercedes-Benz 300SL Gullwings are some of the most sought-after SCM Investment Grade: B cars on the face of the earth, and they are hot auction property. Because the market is so fluid and dynamic, they are in constant demand whether in concours or barn-find condition — and everywhere in between. Lot 3, $638k was a car that you could take to local shows or enjoy on touring events. It is also the solid basis for a car that could be brought up to a much higher standard without leaving the new owner underwater. There are many similar cars offered for $695k–$795k privately today. When can you buy something where there is room for upside after $300k is spent on it? This was that car. Lot 151, $1.1m, was not a deal by more than 5% or 10% for the new owner. This is at today’s upper-end pricing, but it was restored by all of the right people, is a great color combination and will save you the two to four years of getting in line and having one fully restored by those same folks. The car’s restorer and auction handler was a little disappointed in the result, and I agree with him that this was a few bids below Lot 3 top dollar. Still, this is an amazing result, as it was almost the very last sale of the entire weekend. 1957 Ferrari 250GT LWB California Spyder Prototype Lot 137, sold for $6,600,000 at Gooding & Company’s Pebble Beach Auction on August 19. $6.6m is a bargain price? You bet it is. California Spyders are in the upper echelon of all Ferrari collectible cars. Without this car — the very first one — the others don’t exist. This was the design that kicked the door down. Two Cal Spyders sold for much more money over this weekend, and I honestly view this car as the deal of the month across the board over every auction, albeit for a very well-heeled buyer and not one of the other 99.9% of the people on the Peninsula. This car was the prototype, the only example built in 1957 and on a TdF chassis, the brochure car, complete with a very unique and beautiful one-off rear fender line and is the first covered headlamp car. What more is there? And if a California Spyder isn’t enough, this one is one-off. I would rate this along with the alloy competition car examples as best of the best — and that’s that. ♦ Lot 151 Details 1957 Ferrari 250 GT LWB California Spyder Prototype Years produced: 1957 Number produced: 1 Original price: $12,000 SCM Current Valuation: $3m–$5m Tune-up cost: $3,500 Distributor cap: $550 Chassis #: Left frame member by steering box (stamp) Engine #: Engine near right rear motor mount (stamp) Club: Ferrari Club of America More: www.ferrariclubofamerica.org Alternatives: 1953–55 Jaguar D-type, 1960–63 Aston Martin DB4GT Zagato, 1956–59 Ferrari 250 GT TdF SCM Investment Grade: A Details 1955 Mercedes-Benz 300SL Gullwing Years produced: 1954–57 Number produced: 1,400 Original list price: $9,000 SCM Current Valuation: $500,000–$750,000 Tune-up cost: $2,000– $3,000 Distributor cap: $300 Chassis #: Left front frame (stamped) and center firewall (plaque) Engine #: Below cylinder head, right front of engine. Club: Gull Wing Group More: www.gullwinggroup.org Alternatives: 1956–59 BMW 507 roadster, 1951–53 Aston Martin DB3, 1953–54 Ferrari 250 Europa SCM Investment Grade: A November 2012 31

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Legal Files John Draneas Is It Time to Give Your Cars to Your Kids? Current tax law, set to expire on January 1, 2013, gives many car collectors a way to move a lot of dollars out of their estates $2 million. What if 2012 is the new normal and the exemption stays at $5 million? The gift is still a good tax plan. The Ferrari is likely to continue to appreciate, say to $8 million by the time of your death. The $3 million of post-2012 appreciation never becomes part of your estate because the Ferrari belongs to your children, which produces about $1.5 million in estate tax savings. If a little bit is good… If you’re with me so far, If you give your Ferrari California Spyder to your children, you might save big tax money, but will they let you drive it? I n the realm of estate planning, 2012 is either a once-in-a-lifetime tax-saving opportunity or the new normal. We won’t know which until after the November 2012 election — and maybe not until next year, after the new Congress has had time to act. Savvy investors aren’t waiting to find out, and they are acting now to take full advantage of today’s opportunities. The main point of interest is the estate and gift tax exemption. It has been rising steadily since 1981, and it now stands at $5 million (inflation-adjusted to $5.12 million) per taxpayer. But the extraordinary factor that is here right now is that the exemption can be used entirely against gifts made during one’s lifetime. Until now, only $1 million of the exemption was allowed to be used against lifetime gifts. This situation allows you to move some pretty big dollars out of your estate. The main point of urgency is that all this is scheduled to change on January 1, 2013. Unless Congress acts, the lifetime exemption will go back down to $1 million. And, no surprise, the Democrats and Republicans disagree about how Congress should act. That’s why we really can’t predict anything until after the election. Make $4 million disappear At the simplest level, an immediate $5 million gift to your children will make $4 million disappear if the exemption goes back to $1 million. The math is pretty easy to follow. Say you give your $5 million Ferrari California Spyder to your children today. That uses up your exemption, and there is no gift tax due. If the law reverts to the $1 million exemption next year, you will be deemed to have used that up with the gift of the Ferrari, but no after-the-fact tax will become due. With no remaining exemption, your estate tax will be based upon the full value of your remaining assets. If you still owned the Ferrari, your estate tax would have been based upon $4 mil- lion more — the $5 million value of the Ferrari less the $1 million exemption that you would not have used. The net result of the gift is that $4 million of value simply disappears from gift and estate taxation — producing an estate tax savings of around 32 let’s step this up a notch or two and leverage the tax savings even more. Let’s say the Cal Spyder is only part of your $7.5 million collection. We can probably use the $5 million exemption to move the entire collection to your children. To set this up, you start transferring by the entire collection to a newly-formed limited partnership or LLC, both of which are popularly referred to as Family Limited Partnerships or FLPs. That transaction is taxfree. Next, you give your FLP ownership interests to your children — or to trusts created for their benefit. Say you give one-third ownership to each of your three kids. Under well-established gift-tax rules, each of the three gifts is valued separately, and each is valued based upon the actual legal rights that are transferred to them. Here’s where the tax savings mount. The gift tax value of each gift is based upon its fair market value, which is defined as what an unrelated third party would pay to purchase the interest. That is actually a pretty complicated concept. While each one-third ownership interest would stand to receive about $2.5 million if all the cars were sold and the proceeds were distributed to the owners of the FLP, the child would not have the voting power to force that to happen, any access to the cars themselves, any ability to force their sale, or any ability to dictate FLP operations. Further, the child would have a very difficult time finding anyone to purchase the FLP interest if the child decided to sell it. The lack of control and impaired marketability mean that a third-party purchaser of the FLP interest would pay less than its $2.5 million pro rata value. That means that fair market value — and therefore gift tax value — would be lower. If the difference, or discount, is 33% (fairly strong but not out of line), then the gift tax value of the gift to the child would be $1.67 million. Sports Car Market Courtesy of Artcurial Motorcars

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Add the three gifts together and you end up with $5 million, all of which is sheltered by the $5 million exemption. But your estate is now smaller by $7.5 million (the value of all the cars), and it won’t get larger as the cars continue to appreciate during your lifetime. Can I borrow the car? The biggest drawback to this strategy is that the cars now belong to your children, and they don’t have to let you use them. Before you start thinking about ways to get around that, consider that Congress already beat you to the punch. Under the estate tax law, if you transfer assets to your family but retain the right to use them, the assets will still be counted as part of your estate at your death. And you can’t get around that with a nod and a wink. The IRS can look at actual use after the fact to indicate an informal, implied agreement or understanding, which is enough to add the cars to your estate. But that may not be an insurmountable problem for the collector. There is no clear definition of “use,” but let’s speculate here — it has to involve driving. Sitting in your garage, being transported to Pebble Beach and shown in the Concours, etc., don’t involve driving — and probably shouldn’t be considered “use” for this purpose. And some driving is necessary just to maintain the cars, which might be more accurately viewed as maintenance rather than personal use. You can avoid the problem by paying rent to the FLP every time you use any of the cars. That is a theoretically perfect solution, but establishing a market rent can be challenging, since no one ever rents out their Cal Spyder. Also, the rents will constitute rental income to the FLP. The retained-use concept is a big gray area, and you have to get individualized advice from your tax advisers about how well you can work around the problem. More complicated, more better One of today’s hottest sophisticated planning ideas is a grantor trust. A grantor trust is an irrevocable trust. Transfers to it are treated as gifts, and the assets in the grantor trust are not included in your estate. However, the trust is given a design element that causes it to be treated as a grantor trust for income tax purposes. As such, you are treated as owning (for income tax purposes only) all of the assets inside the trust, and all of its income is taxed to you. Let’s go back to the $7.5 million collection example, only this time the gifts are made to a grantor trust established for your children. If any of the cars are sold, the sales proceeds stay in the FLP or grantor trust, but the gain on the sale is taxed to you — to be paid out of your other assets. Paying the income tax on the sale that accrues to the benefit of your children is eco- nomically the same as making another big gift to them, but the tax law does not treat it as a gift. So, more comes out of your estate, lowering your estate taxes even more. A common way to create grantor trust status is to give you the power to substitute other assets of equal value for any of the assets held in the trust. That can be convenient. If you later regret having transferred all the cars to the grantor trust, you can ex- ercise your substitution right to get them back. Say, when the Cal Spyder has gone up to $6 million, you decide to swap it for, say, a $6 million apartment building — or any other asset of equal value, including cash. This is a non-taxable transaction, as you are treated as the owner of the grantor trust’s assets for income tax purposes and you can’t be taxed when you sell something to yourself. Now, the Ferrari is part of your estate but the apartment building is not, a net change of zero. As you can see, there are tremendous opportunities to avoid estate tax under to- day’s law. And, if you are married, all gifts made by either you or your spouse can be treated as made 50% by each. That allows you to effectively double all of the amounts used in the examples. ♦ 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 2012 33

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Ferrari Profile 1956 Ferrari 250 GT LWB TdF This car had everything you could ask for in a TdF — except for a rich competition history by Steve Ahlgrim Details Years produced: 1956–59 Number produced: 77 Original list price: $12,000 Current SCM Valuation: $2,700,000– $5,000,000 Tune-up cost: $3,500 Chassis #: Left frame member by steering box Engine #: Right rear motor mount Club Info: Ferrari Club of America Website: www.ferrariclubofamerica.org Alternatives: 1956–59 Ferrari California Spider, 1960–63 Aston Martin DB4GT Zagato, 1953–55 Jaguar D-type SCM Investment Grade: A Comps Chassis number: 0585GT Engine number: 0585GT T he tragic accident at the 1955 24 Hours of Le Mans that claimed 80 lives had a profound effect on racing. The increasingly potent powertrains of the Le Mans sports cars were identified as a contributor to the disaster, and new regulations were drawn to eliminate what were essentially Grand Prix cars packaged with two-seater bodies. The FIA’s new Gran Turismo classes prioritized safety and re-established competitively racing a roadbased production car. Ferrari was prepared for the challenge, having debuted a new 250 GT at the 1956 Geneva Motor Show. The coupe could be produced in enough quantity to meet homologation requirements, and the underlying chassis would be the basis for Ferrari’s new gran turismo race car. Pininfarina designed a new lightweight body that was built by Scaglietti, using thingauge aluminum, Perspex windows and a minimally upholstered cabin. The finished car was known officially as the 250 GT Berlinetta. Ferrari’s hopes for competitive success were quickly realized with a First in Class at the Giro di Sicilia in April 1956, followed by First in Class at the Mille Miglia later that month. The model’s defining success occurred in September, during the 1956 Tour de France Automobile. The Marquis Alfonso de Portago, a Spanish aristocrat and privateer racer, drove chassis number 0557GT to a dominating victory that sealed the model’s reputation. Enzo Ferrari was so pleased with the outcome that the 250 GT Berlinetta was subsequently referred to as the Tour de France. The moniker proved to be quite fitting, 34 as Gendebien took First Overall at the 1957, 1958, and 1959 installments of the French race, as well as a Third Overall at the 1957 Mille Miglia. Through its production run, the TdF underwent external body modifications resulting in four different series-produced body styles, plus a handful of Zagatobodied cars. The alterations in appearance are recognizable in the rear three-quarter panels of the C-pillar that adjoin the roof. Initially produced with no louvers at all, these panels featured 14 louvers in the second-series cars, followed by a series with just three louvers, and ending with a series that featured just one sail-panel louver. This Tour de France is the very first 14-louver example. It was purchased new by Tony Parravano, a Southern California building magnate, and it then changed hands among a couple of Los Angeles-based owners. Walt Disney Studios bought the car in 1966 for use in “The Love Bug,” a Disney classic about a racing VW Beetle. In October 1997, it passed to its current owner, a Southern California collector. This car, 0585GT, was campaigned in multiple Tour Autos, a Mille Miglia, and a Shell Ferrari Historic Challenge at Le Mans. 0585GT has been displayed at “Freedom of Motion,” an exhibition at the Art Center College of Design. It also won The Great Ferraris class at the 2011 Quail Motorsports Gathering. In addition to the awards, 0585 GT has also gone under the scrutiny of the Ferrari factory’s Classiche program, receiving the full “Red Book” certification. 1958 Ferrari 250 GT LWB TdF Lot 293, s/n 1039GT Condition 1 Sold at $3,606,400 RM Auctions, London, 10/26/11 SCM# 187798 1957 Ferrari 250 GT LWB TdF Lot 256, s/n 0925GT Condition 1- Sold at $3,191,664 RM Auctions, Monte Carlo, 5/1/10 SCM# 162416 1959 Ferrari 250 GT LWB TdF Competizione Lot S123, s/n 1321GT Condition 1- Not sold at $3,500,000 Mecum Auctions, Monterey, CA, 8/13/10 SCM# 165664 Sports Car Market Pawel Litwinski ©2012 Courtesy of RM Auctions

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SCM Analysis This car, Lot 231, sold for $6,710,000, including buyer’s premium, at RM Auctions’ Monterey sale on August 18, 2012. Whoever thought up the Tour de France Automobile must have been channeling the Marquis de Sade. Starting in 1899 and continuing off and on until 1986, the Tour de France was a multi-stage event held over as many as eight days. Each stage was designed to punish the car, driver, navigator and support crew with an intense regimen of circuit racing, hillclimbs and high-speed rallying. A typical day might start with a timed hillclimb up a steep French mountain. The roads would be gravel with little — if any — protection from a fatal trip off the edge. Once the hillclimb was completed, the day would continue with a high-speed stage of weaving through traffic on public roads in an attempt to get to a checkpoint in the best time. The next day might be another cross-country, high-speed jaunt, but a session on a closed race course might finish the day. The support crews would have to beat the cars to the next stop to set up for a night of preparing the car for the next day. One car, many names Ferrari called most 250 models 250 Granturismos, and while they often had modifier names such as coupe or Berlinetta, it was history rather than Ferrari that assigned the names by which they are popularly known today. A Series I designation was irrelevant unless a second series was built. Similarly, you would not use a longwheelbase designation if you didn’t also have a short-wheelbase version. The car popularly called a 250 Tour de France was introduced as a 250 Granturismo Berlinetta. After dominating the Tour de France races for several years, the model acquired the nickname 250 Tour de France. The model is also known as a 250 GT Long Wheelbase Berlinetta, a nickname it acquired after Ferrari introduced another 250 Granturismo Berlinetta that featured a shorter wheelbase chassis. The 250 Tour de France, 250 long wheelbase, and a 250 Granturismo are all the same car. Wild Ferrari pricing The end of the Formula 1 season is called the Silly Season for the wild speculation on driver changes for the next year. We are in the silly season of Ferrari pricing. In the past year, we’ve seen good 330 GTCs selling for more than good Daytonas, and more recently, a top-end Dino selling for more than a top-end Daytona. RM wisely did not provide a pre-sale estimate for 0585 GT. Predicting this car would sell for $3m more than they sold one for last year would have taken a very good crystal ball. RM’s Tour de France was a beautiful example in wonderful condition. It had a well-known provenance and was complete with tools and the requisite Ferrari Classiche certification. The car had participated in oodles of modern-day events and even had a supporting role in a Disney movie. It had everything you could ask for in a TdF, except for one thing — the rich competition history that so many TdFs have. The lack of competition history apparently didn’t matter to RM’s audience, as they gave 0585 GT the leading-man Oscar. I normally call a sale for the seller or buyer, but this sale is too far out of the box to call. The seller obviously hit a home run, but if this car is worth a couple million dollars more next year, was it well sold? Did the buyer pay a crazy premium or did he just set the new market value? What I can say with great certainty is that the seller had the time of his life with the car, and if the buyer has just a quarter of the fun, he’s a lucky guy. ♦ (Introductory description courtesy of RM Auctions.) November 2012 35

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Sheehan Speaks Michael Sheehan Ferraris Ride Unusual Tides It seems strange when a late non-Chairs and Flares 246 GTS sells for $252,500, while a “chairs and flares” 246 GTS sells for $467,500 1974 Ferrari Dino 246 GTS “chairs and flares” — auctioned at $467,500, a $200,000 gap from a non-Chairs and Flares version sold at Monterey T he Monterey auctions have again redefined the auction world’s segment of the collector car market, and, as usual, Ferraris are in the top tier of cars. Gooding offered 13 Ferraris with one no-sale for a 92% close rate and $40,276,500 in sales. RM had 14 Ferraris on offer, with all selling for a 100% close rate and $30,954,000 in sales. Mecum had 18 Ferraris on offer with three no-sales, for a 67% close rate with $2,025,130 in sales. Russo and Steele had 17 Ferraris on offer with seven no-sales for a 50% sold rate and $1,431,100. Bonhams had five Ferraris on offer and two no-sales for a 60% close rate and $710,000 in sales. The wild world of Dinos and Daytonas It did seem strange when a late non-“chairs and flares” 246 GTS, s/n 7914, sold for $252,500, while a chairs and flares 246 GTS, s/n 7908, sold for $467,500. There used to be a $25k spread for chairs and flares, then a $50k spread, but how does one justify a $200k spread? How about 330 GTC s/n 10683, which sold for $550,000? Another example of confusion happened in the Daytona market. At Monterey, three Daytonas changed hands, with s/n 14735 sold at $325k, s/n 16339 for $363k and s/n 15117 sold at $396k. How does one justify not one, not two, but three Daytonas sold below $400k — at $325k to $396k — yet a Dino brought $467,500 and a 330 GTC brought $550,000? An auction room, like any other open market, can see prices change very rapidly — and sometimes for unseen reasons. These confusing sales could well be outliers that will not be duplicated for the foreseeable future. Then again, we know there was a lot of money in the auction rooms this year, and billionaires tend to get what they want. The buyer of the Dino s/n 7908 that sold for $467,500 is a well-known Northwest- based billionaire and savvy car collector. It’s safe to speculate that billionaires worry less about $500k than us mere mortals. The seller of both the chairs and flares 246 GTS s/n 5820 and the chairs and flares 36 1962 Ferrari 250 GT SWB California Spyder, an $8.6m sale Sports Car Market s/n 7908 was a well-known Southern California dealer who said that both sales were far beyond what he could possibly get on his showroom floor. At these prices, it’s no wonder that the Europeans are finally bringing cars to the United States to sell. A one-man market-mover What do the sale of 857 Monza s/n 0588M, sold at $6.27m; 340MM s/n 0350AM, sold at $4.73m; 250 SWB Cal Spyder s/n 3119, sold at $8,580,000 and 328 GTS s/n 80610 (with 100 miles), sold at $159,500 all have in common? They all sold to the same billionaire buyer. That buyer, a successful fashion retailer, has bought more than Pawel Litwinski ©2012 Courtesy of RM Auctions shooterz.biz ©2012 Courtesy of RM Auctions

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100 other high-end Ferraris in less than three years — all at auction. One or two very wealthy buyers can move the collector-car market. The late John O’Quinn was an example of that phenomenon. Market-correct sales Further down the food chain, there was no lack of Ferraris that sold at market-correct prices or a bit less. Witness 365 GTB/4 s/n 14735, which sold at $325k at Gooding; 365 GTB/4 s/n 16339, which sold for $363k at RM; 365 GTB/4 s/n 16565, which sold for $379,500 at Russo and Steele; and 365 GTB/4 s/n 15117, which sold at $396k at RM. Further examples of market-correct prices include 365 GTS/4 s/n 14857, which sold at Mecum for $1,113,000, or 246 GTS s/n 07914 sold at $252,500 and 330 GTC s/n 10367, which sold for $299,800 at Bonhams. So, why is this happening? There are two perspectives on the ever-escalating prices for 1973 Ferrari 365 GTB/4 Daytona, sold at a market-correct $363,000 top-tier Ferraris. The first perspective is that the current boom in collector cars in the United States is very real, with money chasing best-of-the-best cars, be they a chairs and flares Dino or an SWB California Spyder. Across the pond, the top of the 1% in Europe are buying. Where else are they going to keep their “spare” money? Euros? Continuing the positive, relative to the art market, cars are underpriced. When Monet’s water lily painting “Le Bassin aux Nympheas” sold for $80m in 2008, a Ferrari 250 GTO sold for less than 40% of the cost of the painting. Now a GTO is worth $30m to $35m, while Edvard Munch’s painting “The Scream” recently sold for $120m and the Qatar Royal Families paid out a staggering $250m for the last privately held painting of Paul Cezanne’s “Card Players” series of four works. We can only rationalize that cars have been around for a mere 100-plus years. Art has been around a bit longer — thousands of years. On the other hand, some very wealthy bidders seem to have no qualms about bidding whatever it takes to win an auction for a best-of-the-best car. The competitive urge to show that they have the capac- ity to pay the price may outweigh some wealthy collectors’ desire to be prudent purchasers. As they are Baby Boomers (or older), they know all too well that our fastest depreciation asset is our remaining good health and the ever decreasing number of years we have left on this planet. So why not buy? Finally, the number of classic cars is not growing, and Ferraris appear to be secure in their position at the top of the pyramid. This pricing tide does not raise all ships equally. Each has its own turn up the price-point ladder for many socio-economic reasons. At the moment, 330 GTCs and Dinos are the flavor of the month. If you’re in the Enzo-era market and not a billionaire, buy a Daytona, as their turn up the price-point ladder has not yet come. ♦ November 2012 37 Darin Schnabel ©2012 Courtesy of RM Auctions

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English Profile 1928 Bentley 4½ Litre Le Mans Sports “Bobtail” It’s one of the few (almost) unmolested factory team cars still with its original Vanden Plas body by Paul Hardiman Details Years produced: 1928 Number produced: 4 Original list price: N/A Current SCM Valuation: $671,000– $1,650,000 Tune-up cost: $2,000 Distributor cap $180 Chassis #: Engine compartment on firewall Engine #: Stamped on block Club: Bentley Drivers Club Ltd. More: www.bdcl.org Alternatives: 1928–35 Mercedes-Benz SS Tourer,1931–34 Alfa Romeo 8C 2300, 1931–35 Bugatti Type 51 Comps Chassis number: KM3088 (YW2557) Engine number: MF3175 • A two-time factory Le Mans entry • 2nd Overall at the 1929 Brooklands Double Twelve • 3rd Overall at the 1929 24 Hours of Le Mans • The Only Remaining “Bobtail” 4½ Litre F or the 1928 season, Bentley was intent on having new Works cars, all based on the 4½-liter production chassis in addition to Old Mother Gun. The first two cars produced, YV7263 and YW2557, were Works specialized production chassis sent to Vanden Plas for lightweight Le Mans coachwork per design 1477. The body consisted of an ash frame with fabric covering. A tall, rear D-shape fuel tank was mounted with a vertical spare. The package was covered by a rounded aluminum shroud, the resultant appearance of which gained the cars their “Bobtail” nickname. Additionally, the team cars received the “eyebrow”-type cycle fenders. Both cars were finished in the team’s standard Napier Green. For YW2557 at Le Mans, W.O. selected two of his best drivers — the 1924 Le Mans winner Frank Clement and the 1927 Le Mans winner Dudley Benjafield. The race proved a significant trial for the new 4½ Litre “Bobtail,” with strong competition from Stutz and Chrysler. Almost immediately, YW2557 was setting a blistering pace, recording a new lap record at 72.7 mph. The first pit stop was made after three hours, and by the time darkness fell upon the Circuit de la Sarthe, YW2557 was running in 4th in the hands of Clement and Benjafield. Unfortunately, well into the race, YW2557 suffered a broken frame. 38 Upon return to Cricklewood, each of the team cars received new frames with significant chassis strengthening. Of note is the modification of Birkin’s “Bobtail” to be fitted with a different style of fuel tank, a small trunk and a side-mounted spare, making YW2557 the sole remaining “Bobtail.” For the first major outing in the 1929 season, Bentley once again turned to YW2557 for the inaugural Double Twelve Race at Brooklands on May 10 and 11. The 1927 Le Mans winner, Sammy Davis, and Gunter were given YW2557, wearing number 6, and were joined by Clement and Cook in YV 7263 and Barnato and Benjafield in the new Speed Six. YW2557 proved quite capable, with Davis noting comfort at speeds of 104 and 105 mph, even reaching 107 mph when needed. Davis went on to recount that it was “the finest battle [he had] ever had bar none. Worthily did No. 6 respond.” Of the Le Mans Works Team Cars, originally com- prising four 3 Litres, four 4½ Litres, three Speed Sixes and four Birkin “Blowers,” few remain in such a pure state. Inarguably some of the most important motorcars on the planet, the Bentley factory team cars rarely come to market. The majority of the surviving examples reside in some of the world’s greatest car collections. This 4½ Litre “Bobtail” is one of just two team cars to hold podium results at the period’s two major endurance races, and, as one of the finest Bentleys in existence, without question presents an opportunity not to be missed. SCM Analysis This car, Lot 20, car sold for $6,050,000, including buyer’s pre- Sports Car Market 1929–31 Bentley 4½ Litre Birkin “Blower” Lot 204, s/n HB3402 Condition 3 Sold at $7,867,190 Bonhams, Chichester, U.K., 6/29/12 SCM# 208022 1930 Bentley 4½ Litre Blower Lot 114, s/n MS3928 Condition 2 Sold at $1,760,000 Gooding & Co., Pebble Beach, CA , 8/13/08 SCM# 117564 1931 Bentley 4½ Litre Blower Lot 166, s/n MS3929 Condition 2+ Not sold at $3,910,000 Sportscar, Geneva, 10/6/07 SCM# 48165 Mathieu Heurtault, courtesy of Gooding & Company

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mium, at Gooding & Company’s Pebble Beach sale on August 18, 2012. What a summer for proper vintage Bentleys. Those fortunate enough to have driven a factory-Works Bentley will know that the visceral experience is unlike any other pre-war sporting car. “The world’s fastest lorries,” Ettore Bugatti called them, but they are indisputably quick. In comparison with a standard production chassis, the team cars have, as the catalog put it, “a momentous energy and lightness about them.” Vintage Bentleys all get down the road well with their massive torque from lowcompression, long-stroke engines, but the team cars are almost uncannily fast. The best of what’s left Chassis KM3088 is one of the best left in the world — as is more usual for significant cars, it’s normally identified by its registration YW2557 (English registrations stay with their cars for life, unless you jump through various hoops to change them). It’s one of the few (almost) unmolested factory team cars still with its original Vanden Plas body. (Mother Gun, the 1927 runner and 1928 winner, chassis ST3001, is now a Speed Sixengined streamlined single-seater known as the Bentley-Jackson Special, following much development in its post-Le Mans years, although it wears a brass plate engraved “Mother Gun” — just in case it’s not recognized. Chassis KM3088 retains its original 4,398-cc engine block with period-correct major parts. In the hands of its current owner (since 2004), it was entrusted to Bentley specialist Richard Cresswell of VBE Restorations for a complete preservative restoration. This meant finding key components to put the car back to as near 1927 spec as possible, including the factory racing sump from Mother Gun, and a set of SU slopers stamped “KM spare” — the racing team’s extra set of carburetors for YV7263 or YW2557. VintageBentleys.org has photos taken in earlier years that show it with standard “upright” SUs. The current wings are probably an approximation of what it wore in the day, as pictures from 1948 and earlier show a flatter, simpler style. It’s estimated to make around 150 horsepower, now driving through a non-original gearbox. Luckily, it’s the block rather than the crankcase that carries the all-important origi- nal number MF3175. On a Bentley, the block includes the cylinder head; the crankcase is separate and the valves go in from the bottom. It’s fiddly, especially for valve seat works, but it negates the possibility of head gasket failure because there isn’t one. Bentleys chopped and changed The point these last few paragraphs are struggling to make is that, however much they try, none of these “original” Bentleys is quite as original as it appears. However, in Bentley circles “original” can have a slightly looser interpretation, as these are some of the most famously chopped and changed vintage cars in the world — even by the factory. As we saw last month (September 2012, English Profile, p. 48), the Birkin single- seater had worn a different body for a time before being put back to something approximating the car that Birkin vacated, and Mother Gun is unrecognizable as the 1927 Vanden Plas-bodied Le Mans racer. Nevertheless, we must take this as one of the most “original” as they come, and that is where its value lies. The body retains period-correct fabric covering, with the VDP number stamped in the original body, and Works-specific hardware, components and modifications are found throughout the entire car. For example, mounting brackets for the 1928 Le Mans third center headlamp remain on the front cross member. Other unique details on team cars included quick-release caps for water, fuel and oil replenishment, a leather hood strap, a fold-flat front screen, Aeroscreens, large-diameter gauges, bucket-style seats and cycle fenders. The differences between the Works cars and the pro- duction cars amounted to innumerable modifications, either for weight savings, reliability or performance. Specifically for the 1928 Le Mans, the team cars sported a third, centrally mounted headlamp. Original survivors bring the money This car was sold by Christie’s at Le Mans in 2004 into its most recent ownership (of a Bentley Drivers Club member) for $2,023,065, pre-restoration when it was quite scruffy in 3- condition (SCM# 34914). Now it has sold again — slap-bang in the middle of the $5.5m–$7.5m estimate range — and we can see how the market has valued original survivors in the eight years since, as the price has more than tripled. 4½s re-bodied into Le Mans style but with no Works history have been fetching up to $850,000, so the market considers the real thing to be worth around eight times as much — although you might have expected it to do a little better than the Birkin “Blower” single-seater that sold the month before in England. Why? This car has proven Le Mans history (twice); it was a factory team car, which the Birkin car never was, and it is arguably as “original” — there we go again. Perhaps the difference is that there was only ever one supercharged single-seater in period, or maybe it’s just down to Retail Red. The market is a fickle thing. Well bought and well sold. ♦ (Introductory description courtesy of Gooding & Company.) November 2012 39

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Etceterini & Friends Profile 1955 Maserati A6G/2000 Berlinetta This is a capable car that looks good and drives even better, with no fears of falling leaves or a newly oiled road by Donald Osborne Details Years produced: 1954–57 Number produced: 59 (all bodies) Original list price: N/A Current SCM Valuation: $1.1m–$1.7m (Zagato and Frua coupes) Tune-up: $1,500 Chassis # Stamped on the chassis, as well as on a small plate spot-welded to front cross member Engine #: Rear of the block, between camshafts Club: Maserati Club International More: www.maseratinet.com Alternatives: 1953–55 Fiat 8V Zagato Vignale, 1952–55 Siata 208CS coupe, 1954–55 Ferrari 250 Europa, 1955–56 Mercedes-Benz 300SL Gullwing SCM Investment Grade: A Comps Chassis number: 2114 Engine number: 21142 I n total, Carrozzeria Frua completed fewer than 20 bodies for Maserati’s A6G/2000 chassis. Although the Frua spiders may garner greater recognition, the beautifully styled Berlinettas were featured in Maserati’s official catalog and offered a unique blend of sporting and grand touring characteristics. Today, these rare Maseratis appear fresh, modern and utterly distinctive when compared with other 2-liter Italian sports cars of the period. Chassis 2114 was completed by Gilco — the company assembling bare chassis frames for Maserati and Ferrari — in mid-1955 and subsequently delivered to the Maserati works in Modena, Italy, where it was mated with the A6G/54’s beautiful twin-plug, dual overhead camshaft engine. According to facsimiles of the original factory build sheets, 2114 was equipped with the finest Italian highperformance accessories, including Marelli coils, Weber carburetors, outside-lace Ruote Borrani wire wheels, Abarth exhaust and the latest Pirelli Stelvio tires. In total, it is believed that just four Frua Berlinettas in this style were completed; yet because of subtle variations in detail and trim, each body was essentially a one-off design. Shown at the 42nd Annual Paris Auto Salon on Maserati’s stand, on December 9, 1955, this car was invoiced to official Maserati importer Simone & Thepenier in Paris. By year’s end, Garage Mirabeau sold the exclusive Maserati to its first owner, Grueder Setbon. The sports car was certainly cherished by Setbon, remaining with the family for approximately 25 years. In 1980, Richard Crump was able to purchase the Maserati, selling it four years later to Anthony MacLean, a Swiss collector with a passion for coachbuilt Maseratis 40 and Lancias. MacLean commissioned a comprehensive mechani- cal rebuild, then traded the car as a partial exchange against an A6GCS sports racer. The Berlinetta remained in storage for a decade. In 1999, U.K. collector Andrew Green bought it and commissioned a ground-up restoration from Bill McGrath. Between 2000 and 2002, the Frua Berlinetta under- went a painstaking restoration. Throughout, a concerted effort was made to restore the car while remaining faithful to the original techniques of construction. With cosmetic work well under way, attention was turned to a mechanical rebuild. As the owner intended to participate in tours and rallies, McGrath installed a new crankshaft and connecting rods along with custom-made valve guides and reprofiled camshafts. A Weber specialist rebuilt the original 36 DO4 car- buretors, cast new choke levers and machined new jets for smooth, consistent operation. The engine block — presumed to be an original factory replacement unit — did not display a serial number, so the owner requested that it be stamped 2114/2. The exacting restoration effort culminated with a well-deserved First Prize at the Maserati Club Annual Concours d’Elegance at Stanford Hall on May 26, 2002. In 2003, the A6G/2000 was displayed at Goodwood and at the Maserati Club U.K. exhibition at the Classic Car Show at Birmingham’s NEC, where it was awarded the Special Prize. Later that year, it was sold to famed Jamiroquai front man and passionate car enthusiast Jason “Jay” Kay. Unlike many collectors who rarely use or display their prized automobiles, Kay is a firm believer in driving all his cars and participating in the 1956 Maserati A6G/2000 Competition Lot 148, s/n 2137 Condition 1 Sold at $1,107,819 RM Auctions, London, 10/27/10 SCM# 167923 1956 Maserati A6G/2000 2+2 Lot 258, s/n 2125 Condition 1 Sold at $487,147 RM Auctions, London, 10/31/07 SCM# 48042 1956 Maserati A6G/2000 Lot 225, s/n 2147 Condition 4 Sold at $188,106 Bonhams, Gstaad, 12/17/06 SCM# 43824 Sports Car Market Mathieu Heurtault, courtesy of Gooding & Company

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classic car hobby. Not only has this splendid Maserati received a number of prestigious concours awards and participated in the most exclusive classic car rallies, it has a file that supports its fascinating history and noteworthy pedigree. With copies of the original Maserati build sheet, a comprehensive restoration file, registration records, a driver’s handbook and a FIVA carte d’identité, this A6G/2000 is impressively documented and primed for new adventures. SCM Analysis This car, Lot 23, sold for $1,650,000, including buyer’s premium, at the Gooding & Company Pebble Beach Auction on August 18, 2012. I’m going to start this profile with the bottom line. This magnificent Maserati, one of my favorite cars anywhere and anytime, was hammered sold exactly on the low estimate of $1.5m, against a high estimate of $2m. As such, I feel this car was one of the great bargains of the Monterey sales week and that the new owner has grabbed a true pearl. Well bought. Now that we’ve cleared the room of those who just don’t get it, the rest of us can pull our chairs closer together and bask in the glory of this remarkable car. Practically everyone I know, including myself, has for decades chanted the lament, “Why, oh why aren’t Maseratis better appreciated? Why are they so discounted against (insert your choice of marque)?” Well, it is often true that the market is driven by opinions, rumors, deeply held “facts,” misinformation and just plain ignorance rather than objective truths and personal experience. A different kind of drive It’s seldom a good idea to compare the dynamics of high-performance cars of the 1950s with those of today. It’s that kind of thinking that results in the conventional wisdom of “all those cars drive like trucks with no brakes.” They don’t, of course, but they simply require a completely different style of driving, in which the driver has to be an active participant in the effort. You have to plan ahead which gear you will be using for the next corner or hill, use engine braking as much — if not more than — the foot brake, and not be dependent on wide sticky tires to make you look good, but be able to feel the limit of adhesion and use gentle drifts around corners. As a contradiction to the notion that rare equals valuable, some opine that Maseratis of this era are not more valuable because so few were made and so their profile is almost invisible. But comparing them with the production numbers of contemporary Ferraris, we see that’s not the case. Ferrari 250 Europas, with 52 built, trade in the $700k–$900k range, while the 410 Superamericas, of which there were 37 made, bring from $1.6m to $3m. There were 59 A6G/2000 cars built, and they were the Modenese firm’s first attempt to build a streetable GT car. For both Ferrari and Maserati, true regular production was still a few years away, but the 250 Europa and the A6G/2000 were proof that the need for regular cash from wealthy private customers to support factory racing was pressing. With bodies from Allemano, Zagato and Frua, prices of these cars range from $500k to $1.7m. And while the Zagato and the much rarer Frua cars are certainly sexy, the rather understated appeal of the “businessman’s express” Allemano coupes continues to capture more and more adherents — including me. Easy entry into any rally, event or tour Noted U.K. Maserati specialist Bill McGrath su- perbly restored our subject car a decade ago. Not only were the paint, interior and bright trim done to top standards, but the mechanicals were rebuilt — with sensitive upgrades — to ensure strong, reliable event performance. A concours winner, this car has also competed successfully in the Mille Miglia Storica. So, here’s an example of a Maserati, with a superb — but certainly settled — restoration with a replacement engine block that brought the top-of-the-range price. That doesn’t sound like an underappreciated car to me. In fact, it is representative of a healthy trend I am seeing in the market — that cars are being judged by their inherent and intrinsic appeal, and people are willing to spend what is required to obtain the best example of a car that meets their needs and desires. Although there are four Frua coupes on the A6G/2000 chassis, all have slight variations, so they might be more accurately called one-offs. When you understand that the 1,400 Mercedes-Benz 300SL Gullwings are now approaching $1m and that this Maserati can get you into every concours, rally and tour you want to enter, the value appears ever clearer to see. This Maserati is beautiful, has been maintained well enough since the restoration that it is more than presentable, and it is sorted for miles of driving enjoyment. In short, it’s the ideal for which most of us yearn — a capable car that looks good and drives even better, with no fears of falling leaves or a newly oiled road. With relatively little effort it could once again be freshened for the show circuit if so desired, but I’d like to think the new owner will put a few more thousand aggressively driven miles on it before that happens. ♦ (Introductory description courtesy of Gooding & Company.) November 2012 41

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German Profile Column Author 1936 Mercedes-Benz 540K Special Roadster Details, such as twin spotlights flanking a swept-back windshield, ensured that the visual message was one of speed, power and arrogance by Ken Gross Details Number produced: 25 (some sources say 26) Original list price: 28,000 Reichsmarks ($68,600 in 1936 U.S. dollars) Current SCM Valuation: $3,000,000– $5,500,000 Tune-up cost: $2,500 (assuming parts are available) Chassis #: Plate riveted to firewall Engine#: Stamped on left side of block Club: Mercedes-Benz Owners’ Club More: www.benzlovers.com Alternatives: 1938 Horch 853A Roadster, 1936–1938 Bugatti Type 57SC Atlantic coupe, 1931 Duesenberg Model J Murphy Whittell coupe SCM Investment Grade: A Comps Chassis number: 130949 Engine number: 130949 B aroness Gisela von Krieger, the only daughter of an aristocratic German family, was renowned for her exquisite beauty, glamorous lifestyle and impeccable fashion sense. After moving to Paris in 1933, Baroness von Krieger became the darling of European Society. In her 20s, the refined socialite lived at the grandest Parisian hotels, was voted one of the “10 Best Dressed Women in the World,” and attended the coronation of King George VI. Pursued by countless admirers, the baroness proved an elusive target. One desperate suitor even jumped from his plane over the English Channel when she refused his hand in marriage. The 540K Special Roadster, presented here, one of the ultra-desirable high-door, long-tail variants, is a masterpiece of automotive design and the finest Mercedes-Benz of the Classic Era. Ordered by Josephine von Krieger as a graduation present for her son Henning, the Special Roadster represents a dramatic expression of wealth and power. Finished in black, with pigskin upholstery, the 540K was custom tailored with exceptional details, including an expensive Telefunken radio, unique interior appointments and the family crest hand-painted on the driver’s door. When Henning von Krieger was forced to return to Germany at the outbreak of World War II, Baroness von Krieger immediately assumed control of her brother’s supercharged Mercedes-Benz. After serving as the baroness’s preferred mode of transportation throughout her years of hiding in neutral Switzerland, the Special 42 Roadster accompanied the family when they moved to New York City and later to Greenwich, CT. Carefully hidden away in an unassuming garage for more than four decades, the Special Roadster remained Gisela’s prized possession until her death in 1989. In the care of its current owner, the von Krieger Special Roadster has been restored to its former splendor and received a prestigious First in Class at the Pebble Beach Concours d’Elegance. Faithfully presented in its original black livery, the von Krieger Special Roadster appears just as it would have in 1936. A credit to its romantic provenance, unquestioned authenticity and remarkable documentation, the von Krieger Special Roadster is one of the most alluring and historically significant Mercedes-Benzes. SCM Analysis This car, Lot 123, sold for $11,770,000, including buyer’s pre- mium, at Gooding & Company’s Pebble Beach Auction on August 19, 2012. Before World War II, Daimler-Benz, parent company of automaker Mercedes-Benz, was Germany’s leading producer of luxury cars and heavy trucks. Remarkably proficient, and very successful in International Grand Prix and Sports Car competition — thanks to generous National Socialist government subsidies — engineers at the Stuttgart-based firm employed the latest racing technology, such as supercharging, fully independent suspension, light-alloy metallurgy and overhead camshafts, in its road-going machines. Beginning in 1932, with the 3.8-liter 380K, overhead- 1937 Mercedes-Benz 540K Special Roadster Lot 225, s/n 4086 Condition 1- Sold at $8,235,112 RM Auctions, London, U.K., 10/31/07 SCM# 48026 Sports Car Market 1936 Mercedes-Benz 540K Sport Cabriolet A Lot 353, s/n 130945 Condition 1- Sold at $3,009,580 RM Auctions, Monte Carlo, 5/11/12 SCM# 201748 1937 Mercedes-Benz 540K Special Roadster Lot 242, s/n 154140 Condition 1 Sold at $9,680,000 RM Auctions, Monterey, CA, 8/21/11 SCM# 183087 Photos by Mathieu Heurtault, courtesy of Gooding & Company

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valve straight 8, (“K” stood for Kompressor, which is German for supercharger), a line of large, fast grand touring cars topped the Mercedes-Benz range. At the Berlin Motor Show the following year, the 500K Autobahn- Kurier (displacement was increased from 3.8 to 5.0 liters) was offered with striking, aerodynamic fastback coupe coachwork. A crankshaft-driven, Roots-type supercharger blew the compressed fuel-air charge through a pressurized updraft twin-throat car- buretor, adding 65 horsepower for short periods of time — and producing a shrill scream. When a throttle detent was bypassed by fully depressing the accelerator pedal, a special clutch engaged the “blower.” The factory recommended its use for only 25 to 30 seconds at a time. Lesser mortals no doubt cringed as a hard-driven Mercedes-Benz howled past them in the fast lane. The 500K exuded presence, panache and power. When supercharged, the 500K’s engine produced some 160 horsepower, but its massive, truck-like ladder-frame chassis, with box-section side members and heavy enclosed bodywork, necessitated even more power. The cast-iron monobloc (its block and cylinder head were cast in one piece) engine’s displacement was again increased, this time to 5.4 liters. The resulting 180-hp supercharged 540K model was offered from 1936 to 1938. Twin exhaust pipes, enclosed in chrome-plated flexible sheaths, protruded through the hood sides, helping to keep underhood temperatures down — and adding to the car’s appearance. Advanced for its era, the 540K’s front suspension consisted of independent, unequal-length wishbones and coil springs. The rear end featured an independent, coil-sprung swing axle. The transmission was a semi-automatic 4-speed (with the automatic component functioning on just the top two gears), and the 540K’s oversized, hydraulic drum brakes were servo-assisted. The 540K was engineered by the talented Gustav Rohr, who also worked on Mercedes-Benz’s Grand Prix race cars. If you’ve got it, flaunt it... Coachwork on the 540K chassis ranged from massive limousines and cabriolets, just four fastback Autobahn-Kuriers, svelte hard top coupes, and the elegant Special roadsters. Noted German Karosseries, such as Erdmann & Rossi in Berlin — as well as styl- ish French firms such as Jacques Saoutchik in Paris — competed for wealthy client commissions. Designed by Hermann Ahrens, built to order by Karosserie Sindelfingen, a Mercedes-Benz in-house coachbuilding subsidiary, the flamboyant 540K Special Roadster (Spezial-Roadster) was considered the ultimate body style on this chassis. With its towering veed grille, scallop-edged sweeping fenders, arrogantly long hood, tight cabin, low windscreen and flowing tapered tail, the opulent — some said baroque — Special Roadster was expensive, and built only to special order. While about 400 540Ks were produced, just 25 examples (some sources say 26) of the exclusive Special Roadster were completed before World War II halted production. Today, a 540K Special Roadster is considered the pinnacle of fine German pre-war automotive design. The Mercedes-Benz flagship of the period, its construction quality was exceptional, as befitting a virtually hand-built, as its mother-of-pearl limited-production model. Details, such instrument panel, rich leather seating and twin spotlights flanking a swept-back windshield ensured that the visual message was one of speed, power and arrogance. Enclosed 540Ks could reach 100 mph on Germany’s then-new autobahn, but the lighter Special Roadster was capable of nearly 115 mph. Due to this car’s heavy weight (about 5,700 pounds), 17-foot length and advanced suspension, the ride is relatively smooth, but the handling is ponderous and decidedly not sports car-like. I drove one some years ago and remember hav- ing a distinctly truck-ish impression at low speeds. It was designed for high-speed autobahn cruising. You don’t drive one of these behemoths to whip around corners; you drive it to be seen, admired and envied. Special Roadsters were made in three variants: a lowdoor model, the high-door, long-tail version (like this car) and finally, a more restrained short-tail variant. Owners included Jack Warner, head of Warner Brothers Studios, Malaysia’s Sultan of Johor, and the infamous Nazi leader Hermann Goering. A fascinating tale with a sad ending The von Krieger roadster has an especially interest- ing history, of which nearly every detail is known. After spending the war years in Switzerland, Baroness Gisela von Krieger moved to America in 1949, taking the roadster with her on the RMS Queen Mary. She settled in Manhattan, but summered at the Homestead Inn in Greenwich, CT. The Special Roadster was sequestered in storage at the Homestead, and the Baroness dutifully paid the car’s storage fees for years, even after she returned to Switzerland in 1958. By the mid-1980s, the car had become very valuable. Many people tried to purchase it. A Mercedes-Benz enthusiast, George Maley — and November 2012 43

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German Profile Column Author on occasion, his wife and daughters — made seven trips to Switzerland over 20 years to try to buy the car. The Daimler-Benz Museum made an offer. Harold C. Bott, an employee of the Homestead Inn, made repeated efforts to get it. An aging Baroness von Krieger always insisted the Mercedes-Benz was not for sale. Sadly, after living alone for years, the baroness passed away in 1989. Upon her death, it was discovered that she’d lived in squalid circumstances, despite owning a collection of precious jewelry. She had left no will. Dr. James Smith, the owner of the Homestead Inn, claimed owner- ship of the von Krieger 540K as payment for years of unpaid storage fees. After extended trans-Atlantic litigation, the von Krieger heirs were awarded the car. Horst Lautenschlager bought it from the estate and planned to re- store it. Lee and Joan Herrington were able to purchase the von Krieger Special Roadster after challenging negotiations. They arranged for its restoration by Chris Charlton of Classic Car Services, Oxford, ME. Lee Herrington said that when he bought it, the car “...was in re- markable, entirely original condition, although the original black paint was peeling off in patches. In the ashtray,” he noted, “we found cigarette butts with Gisela’s lipstick still on them, and one of her white gloves was under the front seat.” One of the best-documented 540K Special Roadsters extant, com- plete with an extensive file of historic factory, former-owner and would-be-owner correspondence, the restored 540K won the Pre-war Mercedes-Benz Class at the 2004 Pebble Beach Concours d’Elegance. I had the pleasure of including it in an exhibition of fine cars called the Automobile,” which was presented at “The Allure of the High Museum of Art in Atlanta, GA, in 2010 and the Portland Art Museum in 2011. At that time, the von Krieger 540K was painted a modern metallic gray. It was recently refinished in dazzling gloss black livery by Chris Charlton and Classic Car Services. Is it worth that much? The ex-Baroness von Krieger 540K Special Roadster sold for $11,770,000 at the Gooding & Company sale at Pebble Beach, a double world record price for both a Mercedes-Benz and a pre-war car at auction. It’s easy to understand why. A long-tail 540K Special Roadster like this car ticks all the boxes: It is very rare, absolutely stunning and with unquestioned provenance; has a fascinating history and a famous former owner; it is beautifully restored and freshly repainted in its original color; it is a Pebble Beach Class winner and the star of two fine art museum exhibitions. It doesn’t get any better. Owner Herrington, restorer Charlton and auctioneer David Gooding did everything right to sell this car. It was promoted early, hard and well. Just as they had done last year with Lee Herrington’s ex-George Whittell Duesenberg coupe, a $10.3 million sale at Pebble Beach in 2011, Gooding created an elegant hardcover book on the car that was written by David Brynan and photographed by Peter Harholdt. At the entrance to the Gooding sale, the von Krieger 540K was resplendent on a raised platform — in the most prominent position. And it was drop-dead gorgeous. Well placed in the auction on Sunday night, it followed the ex-Clark Gable Rollston/Bohman and Schwartz Duesenberg JN convertible coupe, and preceded a custom-bodied Bugatti Type 55 Cabriolet and the ex-Ann Klein Blower Bentley. Rumors swirled before the sale that this fabled car would change hands for more than $15 million. The nearly $12 million result is hardly shabby, and for this moment in time, I think it represents all the money. Bidding topped $8 million quickly, then rose to the final bid. The resounding success of the Monterey weekend’s $260 million total certainly argues that a considerable amount of money in the collector-car world was gathered in Monterey that weekend. In 2011, RM Auctions sold a 1937 long-tail, high-door 540K Special Roadster for $9,680,000. Will long-tail 540K Special Roadsters continue to appreciate? Certainly. But the market spoke on August 19, 2012, and $11.8 million was the result. We’d call it very well sold, and yes, well bought. ♦ (Introductory description courtesy of Gooding & Company.) What Price Originality? complete when found, and with nearly every original part extant, Alex Finigan, with Paul Russell & Company (and an SCM contributor), who arranged the sale of the 540K from Horst Lautenschlager to Lee and Joan Herrington, told me he believes that in today’s market, the von Krieger 540K might have sold for even more money if it had been left in its original, unrestored, asfound condition. But that might have been just the beginning of the expense. Restorer Chris Charlton says that this 540K, while remarkably 44 had been repaired over the years by Zumbach’s in New York, but that when it was discovered, the engine had a cracked head and hadn’t run for decades. There was damage to every fender, and the sheet metal was very brittle in places. “It needed a complete mechanical rebuild,” Charlton says, “and because you have to take the body off to remove the engine, it made sense to do a full restoration.” A man who has restored several 540K Special Roadsters, Charlton says, “This car is one of the best two or three examples in the world.” — KG Sports Car Market

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American Car Collector Profile 1968 Ford GT40 Gulf/Mirage Lightweight There isn’t another P1074, and just like when you’re collecting baseball cards, is paying a little ahead for a Mickey Mantle card really horrible? by Colin Comer Details Years produced: 1964–69 Number produced: 107 (all variants) Original list price: $16,000 Current SCM Valuation: $1.5m–$2m Tune-up cost: $500 Chassis #: Metal plate on bulkhead behind driver’s head Engine #: Tag above water pump Club: SAAC More: www.saac.com Alternatives: 1966 Porsche 906, 1965 Ferrari 275 GTB/C, 1965 Lola T70, SCM Investment Grade: A Comps Chassis number: P1074 (M10003) T he GT40 offered here, chassis P1074, began life as Mirage M10003, and in its debut May 1967 at Spa, with Jacky Ickx and the “Flying Dentist,” Dr. Dick Thompson, finished First Overall. Following the FIA’s regulation change for the 1968 season, which reduced prototype engine size to three liters, and five liters for production (Group 4) sports cars with a limited build of 25 examples, Mirage M10003 was taken back to J.W.A. in England for its conversion into a Group 4 GT40. The conversion was completed on February 23, 1968, whereupon it became GT40 P1074, but has since remained complete with its original Mirage bodywork and could easily be returned to that configuration. It was the first (by serial number) of three light- weight racing GT40s built for the J.W.A./Gulf team. Its chassis retained the unique Mirage straight substructure forward of the windscreen. Specific to the car were Stage II ventilated disc brakes, a lightweight frame and a lightened roof. The body was described as “super lightweight with carbon filament aluminum, fully vented spare wheel cover, extra-wide rear wheelarches, double engine coolers, and rear panel vented (sic) for brake air exit.” The carbon fiber-reinforced bodywork used on the Mirage M1s, now P1074, P1075 and P1076, is reputed to be among the first, if not the very first, use of carbon fiber panels in race-car fabrication. Currently, P1074 is fitted with a period-correct GT40 Ford 289 ci V8 with Gurney-Weslake cylinder heads, four Weber carburetors and an Aviaid oil pan. It was painted in powder blue Gulf livery, with a distinctive, constant-width marigold (orange) center stripe, which instantly identified it as J.W.A’s number two car. On several occasions, it was raced with triangular nosemounted canard fins to improve downforce. From the outset, 8.5-inch front and 11-inch rear BRM Mirage 46 wheels were fitted. P1074 was a camera car at the start of the 1970 Le Mans 24-Hour race. A pair of movie cameras was mounted in the spare tire well. It’s uncertain as to whether the car actually ran during the race. A 180-degree rotating Arriflex camera was mounted on the rear deck. A 35 mm manually rotated camera was mounted above the passenger door. The combination of these heavy cameras, along with substantially reduced aerodynamics and less-rigid chassis, meant the car was very hard to control at the speeds the filming required. The much-modified GT40 “roadster” was used until the filming was completed. The acquisition of GT40 P1074 represents a special opportunity. Aside from its current stunning presentation, the fact that it is one of only two surviving Gulf Mirage M1s, in which form it accumulated much of its racing history, renders it particularly attractive to an enthusiast who now has the option of relatively easily returning the car to this configuration and actively campaigning the car with its remarkable Jacky Ickx provenance. This car’s impeccable credentials, both as a winning racer and as the camera car for the legendary Steve McQueen film “Le Mans,” as well as its long documented history of prominent owners and its meticulous restoration in J.W.A./Gulf livery, mark it as one of the most desirable GT40s, and indeed endurance racing cars, ever built. SCM Analysis This car, Lot 139, sold for $11,000,000, including buyer’s pre- mium, on August 17 at RM Auction’s 2012 Monterey sale. As space limitations prevent me from fully diving into the crazy, funhouse-mirror world of GT40s, I’ll do my best not to add to the confusion. In a nutshell, the GT40 Sports Car Market 1965 Ford GT40 Works Prototype Lot 117, s/n GT111 Condition 1 Not sold at $2,996,700 RM Auctions, Cernobbio, ITA, 5/21/11 SCM# 177917 1966 Ford GT40 MK I Lot 54, s/n GT40P1065 Condition 1- Sold at $1,650,000 Gooding & Co., Pebble Beach, CA, 8/14/10 SCM# 165710 1966 Ford GT40 MK I Lightweight Lot F250, s/n AMGT402 Condition 2- Not sold at $2,200,000 Mecum Auctions, Indianapolis, IN, 5/13/09 SCM# 120613

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program is not as neat and tidy as it may immediately look to those who sum them up as “Ford GT40s.” The fact is that, similar to Shelby’s Cobra, Ford built perhaps the most successful Anglo-American hybrid of all using a Lola GT chassis — along with Ford engines and huge Ford development money funneled through the likes of Shelby American and Holman & Moody, to create the GT40. GT40 history Of course, today the GT40 is known as the Ford that beat Ferrari. But before the cars reached Shelby American or Holman & Moody, they had to be built, and this was done at Ford Advanced Vehicles Ltd. (FAV) in England, a subsidiary created in 1964 for the GT40 project. John Wyer was the project manager. In Wyer’s previous role of Aston Martin team manager, among other things, he helped Carroll Shelby and Roy Salvadori win Le Mans in 1959. When Ford moved from the Mk I GT40 to the big- block Mk II, and later the J-Cars, with Shelby and Holman & Moody, FAV was quickly out of the Fordbacked race car business. However, Wyer formed J.W. Automotive Engineering Ltd. (J.W.A.) with John Willment and soon inked a deal with Gulf Oil to produce and race their Mirage M1, a GT40-based Group 6 race car. The Mirage M1 looked very much like a Mk I GT40, but with a much narrower roof and windshield, along with changes to the substructure forward of the windshield under the skin. This car, as Mirage M1 M1003, started as a GT40 chassis at Abbey Panels, completed as Mirage M1003, and was, as RM states, returned to J.W.A. and converted to a Group 4 GT40 with chassis number P1074. So if you’ve been following along, our subject car started life as a bare GT40 chas- sis but was completed as the GT40 derivative Mirage M1, only to be later converted to GT40 specs and numbered as a GT40 for the Gulf Oil team. What followed was an impressive, if not earth-shattering, race career, with its most notable races being 1st at Spa in 1967 — as a Mirage — and 1st at Monza as P1074 in 1968. It also happens to be the car that captured the first win for the now legendary Gulf Oil/J.W.A. pairing. Steve McQueen and “Le Mans” Where it really gets interesting is the McQueen / Solar Productions / “Le Mans” camera car deal. In period, since nothing is older than last year’s race car, by 1970 P1074 was pretty old. So when the need for a fast camera car arrived, I suppose it made perfect sense — just not from a driving dynamics standpoint. The movie-car role marked the second time M1003/P1074 lost its lid and had body panels changed. But the chassis remained, so is this simply a wardrobe change — or a dramatic physical change? This is a race car, and these film-car changes are no more traumatic than the numerous engine, body — and even chassis number — changes throughout this car’s history. While the GT40 purists find fault with certain liber- ties that were taken during the reconstruction and subsequent restorations of P1074, such as the wrong door handles, it is still unquestionably the right car under all that. Now, in a perfect world, one would follow the generally accepted rule of picking a point in time during the car’s racing career that is most significant and accurately restoring it to represent the exact specification at that time. But we’re splitting hairs here, especially on a car of this value. Is $11m really shocking? Which brings us to that subject: value. With so few competition GT40 cars produced, rarely does one come up for public sale, so an $11m result can be shocking on its face. Privately, at least one other famous GT40 has traded at or above this level in recent years: P1046, the Mk II car that (arguably) was the 1st overall winner at Le Mans in 1966. Our subject car, unlike the fresh meat most auction companies like to bring to market, was recently semi-privately for sale at a number very close to the RM result. Prior to the auction, both RM and most experts I spoke with pegged the value of P1074 in the $7m–$9m range. In other words, it was a wild card. When the car hit the block at the Monterey Portola Hotel & Spa, it was quite a sight to behold, with two dedicated bidders who slowly pushed it to the $11m (hammer) result, including many miles at $25,000 increments. All this proves the point that sometimes public auc- tion is the best way to really arrive at a true market price — on that day, at that sale, with whatever buyers come to the table. But I think the real story behind this sale is that P1074 ended up in the finest Shelby collection I know of — where it will be in the company of many other significant GT40s. In collecting, sometimes just getting the right car into the right collection is a victory for the lucky caretaker. So was $11m all-in the right money? To one buyer it was, and another voted just short of that. Bottom line, there isn’t another P1074, and just like when you’re collecting baseball cards, is paying a little ahead for a Mickey Mantle card really that horrible? Well sold, but also smartly bought. ♦ (Introductory description courtesy of RM Auctions.) November 2012 47

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American Car Collector Profile The Cumberford Perspective Last of its kind By Robert Cumberford F rom the beginning, the Ultimately it was just icon GT40 looked like a true prototype of a car you could drive on the street. that, and the 11% bigger Ford GT of 2004 looked almost identical to the much-loved created four decades earlier. Every GT40 is slightly different from the other hundred or so made in the 1960s, but the basic look established early in the development cycle remains valid and highly desirable almost 50 years later. I am much bemused with the price that this often cut-up and revised — albeit historic — GT40 brought in August, and it makes me think back to a January 2, 1974, visit to Holman & Moody in Charlotte, N.C. My old boss, “Junker John” Holman, had more than a dozen GTs racked up. “What are you going to do with these obsolete race cars, John?” I asked. “Oh, I’ll be able to sell them to somebody,” was his reply. “Yeah, but for how much?” The answer: “Your choice, $2,500 without an engine, but I’ll sell you an engine for $500.” Car collecting and vintage racing have really changed the world in the intervening 38 years. Do I regret not taking one of those clapped-out race cars that Holman probably bought for $1 and other valuable considerations? Well, yes. Wouldn’t you? ♦ 1 2 3 4 5 FRONT 3/4 VIEW 1 The beautifully faired rectan- gular headlamps, along with the radiator air outlets between them, established the character of the front end — instantly recognizable. 2 The full-width windshield was responsible for the GT40 seeming to be fully practical as a road car, despite its diminutive size. 3 The almost-fl at roof is a con- sequence of the decision to keep overall height at just 40 inches, an extreme fi gure for a closed car in the 1960s — or any other time. 4 This extreme bulge rather disfi gures this particular car. It clashes with the purity of the basic body form, but it is absolutely necessary with the oversized rear wheels. 6 5 The nose of this car seems a bit distorted, looking longer and lower than the normal GT40, while maintaining all the usual identity cues. 6 Integration of the side scoop in the door skins is solid proof of the styling professionalism that made the “basic” GT40 such an icon. REAR 3/4 VIEW 7 The upper scoop for the engine compartment is one of the most elegant surface features of the GT 40 design. 8 You can’t see much through the backlight, but it does look as though it was meant to be functional, and it carries the intended profi le beautifully. 9 A pair of simple round taillights was a Ford styling mark for 7 8 9 decades and adapted perfectly to the GT40. 10 All these holes in the back varied from car to car — no two GT40s were absolutely identical, it seems — but the tapering sides and careful framing show production intent. 11 The BRM Mirage wheels look out of place, despite their having been fi tted from the beginning. But with so much chopping and changing in this car’s past, why not? 12 In this view, it is easy to see how surprisingly fl at-sided the GT40 was, with every effort made to keep frontal area down for higher speed from a relatively weak engine. INTERIOR VIEW (see previous page) The interior is a touching combination of production elements — such as the handbrake and the panel vents — and pure weapons-grade race car details, such as the fuel tank closures on the sills. Styled production-like instru- ment panel is complete with a glove box, but the gauges and toggle switches themselves are pure race car. Characteristic hammock-style seats with eyelet ventilation look both styled and directly functional. These are heavy on patina and better for it. 11 48 12 10 Sports Car Market

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Race Car Profile 1972 Porsche L&M 917/10 Spyder I know of two competent drivers in the vintage era who crashed badly when the boost got away from them — this is a car that will kill you by Thor Thorson Details Years produced: 1971–72 Number produced: 14 Original list price: $78,000 Current SCM Valuation: $1,500,000– $3,500,000 Chassis #: Tag on frame, right side of engine compartment Engine #: On block near rear distributor Club: 917 Chassis Registry More: 962.com/registry/917 Alternatives: 1968 McLaren M8, 1968 Ferrari 612, 1971 Shadow Can Am SCM Investment Grade: A Comps 1973 Porsche 917/30 Can Am Spyder Lot 57, s/n 91730004 Condition 2- P erhaps the world’s most recognized Porsche 917: • Team Penske Racing, sponsored by L&M • Driven by racing legends Mark Donohue and George Follmer • Debuted at Mosport ’72 Can-Am driven by Mark Donohue • Dominated the ’72 Can-Am series, taking first at five of nine races • Can-Am Champion in ’72 driven by George Follmer • Raced as #6 by Donohue and #7 by Follmer in ’72 • Penske then sold 003 to Rinzler and it was cam - paigned as the #16 car in RC Cola livery for the ’73 Can-Am season • Second place overall in ’73 driven by George Follmer • Powered by a 5.4L Twin Turbo 12-cylinder engine • Capable of making over 1,150 horsepower, 0–100 mph in 2.9 seconds • A true icon for automotive racing history • This car earned Porsche their first Can-Am Championship and is one of the most significant race cars ever built SCM Analysis This car, Lot S123, sold for $5,830,000, including buyer’s pre- mium, at Mecum’s Monterey auction on August 18, 2012. In the Old Racing Car business, you will find that all of the permutations that combine “great to drive” and “excellent to collect” are filled — along with a few niches that are surprising but very real. You can find a racer that is fabulous to drive — but with almost no collector value, such as a Dolphin or Bobsy sports racer. You can find a racer that will make your friends green with envy — but is a miserable thing 50 to drive, such as a Ferrari 340 Mexico. Or you can find a combination of ultimate everything, such as a Ferrari 250 GTO or a Porsche 917K. The turbocharged Porsche 917s are a different and surprising category. They have become very collectible over the past few years, and they may or may not be great to drive — but the point is that nobody dares find out. The Porsche 917/10 and 917/30 are probably the most dangerous sports racing cars that have ever been built, and the few drivers who are good enough to hang on to them tend to know better than to try — or can’t afford to risk trying. Thus, these cars have become “obligate static” rac- ers, seldom if ever actually driven. In short, they are prom queens lusted after — but not dated. A fast history The Porsche 917 story is well enough known that we don’t need to spend much time with it here. Porsche conceived and built the 917 to take advantage of a threeyear loophole that the FIA had unwittingly built into their racing category rules. In an attempt to slow cars down from what were considered unsafe power levels during the Ford-Ferrari wars of the mid-1960s, the FIA mandated a 3-liter limit for the prototype cars that composed the top tier of racing at the time. To fill up the grids during a 1969–71 transition, the FIA allowed a second category of “production” racers that were allowed a 5-liter engine with a 50-car minimum production, with Lola T-70s and Ford GT40s as examples. This, unfortunately, left out desirable cars with lower production, such as the Porsche 910 and Alfa Romeo T-33, so the FIA decided to lower the production requirement to 25 cars. At this point Porsche saw Sports Car Market Sold at $4,400,000 Gooding & Co., Amelia Island, FL, 3/9/12 SCM# 196890 1972 Porsche 917 Interserie Spyder Lot 236, s/n 917031 Condition 2+ Sold at $3,967,000 Bonhams, Quail Lodge, CA, 8/12/10 SCM# 165587 1972 Porsche 917/10 Can Am Lot 519, s/n 91710015 Condition 4+ Sold at $579,000 Bonhams, Carmel, CA, 8/18/06 SCM# 42612 Courtesy of Mecum Auctions

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the opportunity and grabbed it, making history in the process. Roaring through a loophole Although it was never the FIA’s intent, Porsche re- alized that all they had to do was build 25 cars and they could use a 5-liter engine in their racers. By adding four cylinders to their 3-liter, 8-cylinder 908 engine, they could end up with a 4.5-liter flat 12 without spending too much on engine development. They had chassis designs available, so the idea wasn’t all that difficult to accept. Having made the decision to proceed with their 917 project, the big problem was keeping it a secret while they built the requisite 25 examples. History shows that they were successful, and the competition (Ferrari, mostly) was caught with its pants down. After Porsche resolved some terrible aerodynamic issues with the initial body shape, the 917K became one of the most dominant endurance racers in the post-war period. The important point in today’s discussion is that Porsche did all this with the full knowledge that it was a two-year window: It started in 1969 and the exemption was to end with the 1971 season, so 1970 and 1971 were all the time they had, at least for the European (FIA) races. However, the United States was Porsche’s largest export market, and we had the wildly successful Can-Am series going strong, so creating a 917 variant to compete here was an obvious way to extend the franchise. As opposed to the FIA’s arcane and complex rules for acceptable racers, the Can-Am rules were refreshingly simple: four wheels, two seats, bodywork that covers the wheels — go! Actually it was a little more complicated than that, but not much, as the whole idea was basically unlimited professional racing and they didn’t want rules to spoil the show. With the development of ever-wider, stickier tires, Can-Am had quickly turned into a horsepower battle, dominated by up to 510-ci aluminum Chevy engines making well over 700 horsepower. So Porsche had a problem if they wanted to show well: their 302-inch flat 12 needed a boost. Turbocharging for automotive engines was not unknown in 1969, but it was a very new concept (GM tried it in 1962, and turbocharged Offenhauser engines first ran at Indy in 1966 and won there in 1968). Nobody had seriously tried to turbocharge a large-displacement road-racing car, but Porsche was willing to try. Fighting the turbo lag — and power surge Although they were wildly successful in generating horsepower and dominating the Can-Am, the Porsche 917/10s were extremely difficult to drive because of turbo lag and sudden boost. Imagine yourself racing in a 917/10. You dive into a corner, all over the brakes and shifting down while the turbos more or less stop working. As you approach the apex, you crack the throttle and your 5-liter engine puts maybe 250 horsepower to the wheels; at the apex you squeeze on the power and get maybe 400 horsepower. As you exit onto the straight, you drop the hammer and get 500 as things start to work — and about one second later you’ve got 1,000 horsepower trying to find someplace to go, and you’re in the way. This has been described as being like getting hit from behind by a truck, and even in the day, there were precious few drivers (Donohue and Follmer primarily) who were good enough to hang on. I personally know of two competent drivers in the vintage era who crashed badly when the boost got away from them — this is a car that will kill you. Younger collectors want younger cars For most of the time from then until now, their dan- ger has rendered the 917/10 and sister 917/30 to be curiosities more than collectibles. They were considered undriveable old Can-Am cars — not collectible icons — but this is rapidly changing. Indeed, Porsche 917s have only developed serious collector value in the past five or six years. I have been watching the 917 market for at least 20 years, and for most of that time you would seldom see even a great one sell for more than maybe $1.5 million. Now any good 917K will be close to $10 million, and the 917/10s and 30s are trying to catch up. I suggest that this represents a fundamental change in the nature of the collector-car market. At Monterey this year, I was aware that the market for pre-war collectible cars seemed soft, with a number of serious examples failing or selling for short money, while 1950s and 1960s icons (some with less-than-great provenance) seemed to have a cloud of bidding paddles surrounding them. I think we have a new and much younger set of collectors entering the market, and they have limited interest in cars that were cool long before they (and sometimes their parents) were born. I am told that the average age of a Classic Car Club of America member is 73, and they aren’t getting younger. Their kids will drive the market in the future. This bodes well for the great and iconic cars such as the Porsche 917, which until recently seemed too new to be seriously collectible. My contacts in the business assert that our subject 917/10 — as the best example of an ascendant marque and model — was well and intelligently bought, and I agree. The future seems bright for these cars. Just be careful if you take this one out onto the track. ♦ (Introductory description courtesy of Mecum Auctions.) November 2012 51

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Under the Skin Dennis Simanaitis 1972 Porsche L&M 917/10 Spyder The Porsche 911 is a bad idea made brilliant by engineering, and so it is with the 917 L ike its 908 predecessor, the Porsche 917 had a welded space frame. Imagine scads of triangulations, and you get an idea of its fabrication. This tubular structure was permanently pressurized, with a gauge within the driver’s view. If the needle dropped to zero, he was to proceed slowly back to the pits. When Jo Siffert and Brian Redman were preparing to co-drive an early 917 at Spa during 1969 — in the rain — Redman asked Jo, “What’s it like?” and the Swiss driver responded, “We stick with the 908!” Redman fired up the 917’s air-cooled flat-12 powerplant, switched on the wind- screen’s oversize wiper — and the wiper blade got tossed off its articulated arm. Matters evidently improved. For Le Mans in 1969, the 908s and 917s were fitted with elevons in their rear wings, each flap’s angle of attack controlled by a mechanical linkage to the rear suspension upright on that side. Alas, earlier in the year, failing aerodynamic struts of Formula 1 cars caused havoc, and authorities banned such devices even on sports cars. Porsche countered that the 917, capable of 230 mph on the Mulsanne Straight, was well nigh undriveable without elevons. Regulators relented, albeit only with the 917 (and only at Le Mans). The 908s had to run without them. One of the latter finished only seconds behind the winning Ford GT40 Mark II (indeed, the precise car that had won the year previously!). The pair of 917s succumbed to clutch problems. Evolution of the 917 reached its high point in the early 1970s with John Wyer and his JWA Gulf Team — and with the Martini Porsche effort. In testing at Zeltweg’s Österreichring, Wyer’s chief engineer John Horsman noted a lack of bug splats on the 917’s tail. Changes to the rear deck improved the bug count (and aerodynamics). It also mitigated the car’s high-speed twitchiness. Lap times dropped by four seconds with this 917K (Kurzheck, “short tail”). Variants of the 917 dominated international racing in 1971–72. Then came Porsche’s involvement in the Canadian American Challenge, the outrageously wonderful series in which our subject car, the 1972 Porsche L&M 917/10-003 Spyder, proved so capable. Its twin turbochargers brought output to 1,100 horsepower, with perhaps an excess of 1,200 horsepower on qualifying boost. And the L&M car profited from the engineering prowess of Penske Racing. There’s an online story by Stephen Cox of this car’s competition successes at http://tinyurl.com/8er2t9w. One of the car’s few development problems came with the slide valves used to eliminate overboost surge on closed throttle. Different lubricants were tried, but grit continued to hamper their operation. Then these valves were run without lube, and all was fine. Sometimes the simplest engineering solution is the best one. Enhancements of power and aerodynamics helped the 917/10 and its 917/30 sibling 52 Twin turbochargers boosted output to 1,100 hp Sports Car Market to outlast McLaren, their only real Can-Am competition. In a sense, their utter domination put paid to the series. Would that all bad ideas were made this brilliant. ♦ Courtesy of Mecum Auctions

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MONTEREY RECAP FIRST-TIMER THOUGHTS Monterey Impressions Over Time The old-car hobby becomes its own universe at Monterey — in a rattling, roaring frenzy of shredded tires, spewed exhaust and $100,000 bids by SCM Staff E ach year, Monterey is a little bit different, and each trip gives you a changed perspective on the weeklong car extravaganza. This was Art Director David Tomaro’s first trip to the Peninsula, while it was Auction Editor Tony Piff’s second trip and Executive Editor Chester Allen’s third trip. Here’s how each of them saw Monterey 2012: Glimpsing the future amid the past In a week that flew by like the blur of a GT40 at full clip, one impression from Monterey’s madness did remain with me: It is an arena of stark contrasts. From the wall of morning fog on Pebble Beach that abuts the perpetually sunny skies of nearby Salinas, to the sapphire waters of Monterey Bay lapping against golden sunbaked hills that look as if they would ignite into a cloud of ash from the errant spark of a Shelby Cobra, the landscape itself is a study in opposites. The events of the week engendered no less of a whipsaw effect on my senses. The boisterous, circus-like atmosphere of the Russo and Steele auction couldn’t have been farther afield from the hushed-but-jocular nature of RM’s sale across the street. The rapid-fire patter of the Mecum auctioneer stood sharply juxtaposed against the lilting British tones of Charlie Ross at Gooding & Company. On the streets of downtown Monterey, rusty rat rods mingled with glittering Ford GTs and Lamborghinis. At auctions, I watched people in jeans bid millions of dollars on cars as casually as you would order a hot dog at a ballpark. As a photographer, I love contrasts. They create dramatic images, highlighting the essence of light and dark within a scene. As a first-timer, I found that contrasts made for a vivid and memorable week at Monterey. I even found my emotions swinging wildly within a single event. While photographing cars on the auction block at Mecum, I grew perturbed at a boy of 9 or 10 who kept getting in front of me to take pictures. My irritation at him ruining my shots, however, quickly evaporated when it dawned on me that I was looking at a potential future SCM reader. “Shoot your heart out, kid,” I thought. Maybe someday he would be the young tech entrepreneur sitting next to me, nonchalantly waving a hand to purchase a million-dollar car — and keep the collector-car hobby alive. — David Tomaro 56 Russo and Steele offered auction attendees heaping helpings of razzle-dazzle Across the street from Russo and Steele, RM conducted a quiet but no less entertaining auction A good cackle The old-car hobby becomes its own universe at Monterey — in a rattling, roaring frenzy of shredded tires, spewed exhaust and $100,000 bids — with all the joys of nostalgic motoring made viscerally alive and present. Nothing could have prepared me for the sensory overload that defined my first experience here one year ago. This second time around, the stimulation was no less intense, but I managed Sports Car Market David Tomaro David Tomaro

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Rupali Prakash guides her father’s 1907 Locomobile to filter out some of the constant spectacle and get up close and personal with some of the cars and the people. As Pebble Beach Concours contenders lined up in the Thursday morning fog for the Tour d’Elegance, Peter Russell of Pulborough, England, removed the driver’s seat bottom of his 1913 Twombly System M Model A Tandem Cyclecar for a direct view of the “friction drive” transmission. A leather-wrapped wheel pressed against the face of a flat disc; moving the wheel across the disc offered an infinite selection of gear ratios, like a primitive CVT. Russell added, “It doesn’t have a differential because it doesn’t need one. It only drives one wheel.” Fifty yards away, the co-pilot of SCMer Calilo Sielecki’s century-old 1904 Franklin Open Four Seater vigorously spun the engine to life with a hand crank. Moments later, I watched Rupali Prakash, 23, perched high atop her father’s 1907 Locomobile Type E Five Passenger Tourer, wince as she squeezed the comparatively modern electric starter until it backfired violently to life. “I don’t want to go first!” she shouted politely to the Pebble Beach official directing her toward the front of the line. The Locomobile is owned by Dr. Ravi Prakash of Bangalore, India. That afternoon at the Mecum auction, a man with shaved head and black jeans told me he had sold his favorite project and was “done with cars.” But I doubted the truth of his statement — at least partly because of the Chevrolet Bowtie tattooed across his scalp. On Friday, I met SCMers Joe Petralia of San Diego Classic & Muscle Cars and his friend Dominique Bustos of Orange County at Concorso Italiano. Petralia’s 1972 Fiat Abarth clone had just won the Fiat 500 class, and he was grinning ear to ear. I said I had spotted the car in the Mecum parking lot the day before. “Yeah, I bought a ’79 Z/28 4-speed at Mecum,” Petralia told me with a grin. “I SCMer Calilo Sielecki’s 1904 Franklin Open Four Seater still cranks after a century bought that car ’cause I had one in high school.” “You were driving it like you were in high school,” responded Bustos with a roll of her eyes. Petralia laughed, nodded, and the two waxed nostalgic about adolescent glory days. On Saturday I went to Laguna Seca and watched 45 “gentleman racers” bomb the Corkscrew in their Shelby Cobras on the absolute brink of traction. It was a rare glimpse of living history in the most authentic and significant sense, made all the more poignant by Carroll Shelby’s recent death. However, my favorite moment of the week — for me, the most powerful affirmation that old cars will never, ever die — was the “cackle fest” just around the corner from the SCM booth. Crowds thronged to the semicircle of vintage drag cars on static display, the en- gines idling like thunder. No longer race-legal, the cars defiantly filled the air with acrid fumes and deafening sonic blasts. A few minutes later, the show was over and the crowd applauded. One bystander turned to his friend and said knowingly, “That’s a good cackle.” — Tony Piff Looking for light and life Monterey is a fast week of huge events, but three years has given me the perspec- tive to spot — and savor — the small moments: The afternoon light in the Gooding & Company auction tent casts a glowing halo over different cars as the summer sun slowly moves across the sky. I found myself wandering among the cars during a preview day and waiting for the few moments when the special light set them aglow. The nickel-plated radiator shell of the 1928 Bentley 4½ Litre Le Mans racer looked almost molten in the diffused, gentle light. One woman smiled at me. “You see it too,” she said. “These cars come alive in that light, and it makes chills run up my back.” I was so entranced that I forgot to shoot photographs. Maybe it’s better that way. A sun-blasted 1985 BMW M535i caught my eye at Legends of the Autobahn, and owner Sterling Eyler told me about finding the car behind a garage, where it had roasted outside for more than five years. Eyler, who is in his 20s, described restoring the car’s mechanicals, but he hadn’t touched the scorched paint. “I kind of like it like this,” he said. Eyler was asked to move the car, so he jumped behind the wheel and lit up the engine. A smooth, muscular burble rippled across the Rancho Canada golf course, and it was easy to see that the car looked old — but it was young where it really mattered. On Sunday, I woke early at the SCM house near State Route 68, and I wandered When the light’s right, old cars come alive November 2012 outside to feel the morning sun on my face. Suddenly, the distant howl of cars zipping around the Laguna Seca track floated into my ears. Those old race cars sounded as natural and as right as the birds chirping in the nearby trees. I suddenly realized that my favorite part of Monterey — at least after three trips — is when those old cars come to life. — Chester Allen ♦ 57 Chad Tyson Tony Piff Tony Piff

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MONTEREY RECAP SCM EVENTS Advice from the Experts SCM’s 11th Insider’s Seminar provides tips about why to buy — or not by Chester Allen Carl in action at RM Consignment Tours Offer Platinum Members an Up-Close Experience Sports Car Market offered guided Consignment Tours at the RM and Gooding auction sites on August 16. Several dozen SCMers were in attendance at both sessions, as representatives from the auction companies joined me to discuss the cars offered. They also had the opportunity to ask questions, gaining insight into the “behind the scenes” activity of the high-end auction business. At the morning session at RM, Car Donald Osborne holds forth with a capacity crowd in the Gooding & Company tent T his year was the 11th SCM Monterey Insider’s Seminar, and a standing-room-only crowd of more than 200 SCMers jammed into the Gooding & Company tent at Pebble Beach on the morning of August 18. Veteran SCM Contributing Editor Donald Osborne offered a humorous — and wise — look at the pleasures and perils of owning collector cars. Osborne’s “10 Reasons NOT to Buy and 10 Reasons You MUST Buy in Today’s Market” made many in the audience wince — and laugh — as he dispensed tips on enjoying collector cars. Osborne’s tips included: • If you have to explain to anyone what the car is, you’re probably not going to make any money. • Preservation cars are not for everybody. • A car is still more fun than a stock certificate. Osborne got the most nods when talking about buying the best example possible of your dream car — and doing your homework on a car. “There are many very talented professionals working right now to make the most spectacular re-creations,” Osborne said. “Paper alone is not documentation. Do your homework and research.” SCM Publisher Keith Martin then led an expert panel on a far-ranging discussion on today’s collector-car market. Carl Bomstead, Miles Collier, Osborne and Steve Serio shared their decades of expertise — and hard-won lessons — with the group. Osborne said it’s not too late to find some great bargains on great cars, such as the Porsche 944, MGB GT and Lancia Fulvia. Serio and Collier talked about the delights of maneuverable sports cars that don’t burn up the highway, but are easy to drive at near-maximum capacity. The Porsche 356SCs fall into that category, Serio said. Collier agreed, but shared this warning: “There are lots of cars out there with huge needs, and fixing those needs costs a lot of money.” The solution? Buy the best 356SC you can afford. Bomstead said he believes that American muscle cars will continue to muddle along in the market. “There is no interest in them outside of the United States,” Bomstead said. After the seminar, Serio, Collier, Bomstead and Osborne led small groups of SCMers on tours of Gooding’s auction cars. Just about everyone lingered in the tent to check out cars and talk. “My head is swimming, but in a good way,” one SCMer said as he headed off to lunch. To join next year’s SCM Monterey Insider’s Seminar, look for an ad in the August and September issues of the magazine or visit www.sportscarmarket.com. ♦ 58 Specialist Don Rose and Private Sale Manager Alain Squindo joined us to discuss many of their offerings. Rose is past president of the Aston- Martin Owners Club and well-versed in the marquee, so he was able to provide interesting insights into both the 1960 DB4GT and the 1955 DB3S that was finished in the national racing livery of “Dutch Racing Orange.” Alain discussed the four Shelby Cobras on offer — as well as the unique features of the 1929 Duesenberg known as J-108. The Duesie was a prototype for coachbuilder Walter M. Murphy Co., which built more than 50 Duesenberg roadsters, and J-108 had numerous one-off treatments. David Gooding welcomed the group at the Gooding & Company session and discussed how the estimates were determined and how they relate to a reserve on the car. Car Specialist Garth Hammers joined the group, and we were able to open the doors and closely look at the spectacular von Krieger Mercedes-Benz Special Roadster that ended up selling for $11,770,000. There was also a great deal of interest in the 1930 Packard 734 Speedster Phaeton, and of course, the storied Clark Gable Duesenberg. The Platinum Consignment Tours are becoming a tradition and continue to attract increasing interest as they add the “insider touch” to the exciting auction week. The next tours will take place in Scottsdale this January and are open to all SCM Platinum subscribers. Learn more about becoming an SCM Platinum member at www.sportscarmarket.com. ♦ — Carl Bomstead Sports Car Market David Tomaro

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MONTEREY RECAP COLLECTING THOUGHTS A Tale of Two Ford GT40s Two Important Ford GT40s, Two Different Prices The Gulf car sold for more than twice the price of the prototype. Did GT104’s buyer get a deal or did P1074’s buyer pay too much? by Miles Collier T wo of the most historically important Ford GT40s in existence were sold within days of each other during the Monterey Car Week — with two very different results. The Ford factory/Shelby American prototype GT104 sold at Gooding & Company’s Pebble Beach Auction on August 19 for $4.95 million. Just two days earlier, the Gulf Mirage M10003/Ford GT40 P1074 sold at RM Auctions’ Monterey Auction for $11 million. The Gulf car sold for more than twice the price of the prototype. Did GT104’s buyer get a deal or did P1074’s buyer pay too much — or are the cars really that different in value? Well, yes to all of the above. Among the most important long-distance racing cars ever, Ford GT40s ultimately won Le Mans four times. The fi rst two victories were the result of Henry Ford II’s diktat that the Ford Company would crush Ferrari at Le Mans as part of Ford’s “Total Performance” marketing. The other two victories happened subsequent to Ford’s retirement from endurance racing. These wins were unlooked-for lagniappe courtesy of Gulf Oil’s decision to sponsor a team of GT40-based cars in international endurance races. Initially, the Ford factory racing program experienced frustration due to a litany of technical issues — mostly because the company was inexperienced in motor racing. After two frustrating seasons, Ford enlisted Shelby American to take over the development program. In a scant few months, Carroll Shelby and his team turned the GT40 prototypes into winners of the 1965 Daytona race. GT104 is one of the Shelby cars that marked the GT40s as a coming force. Meanwhile, back at Ford Advanced Vehicles in England, where the GT40s were built, work was proceeding apace to produce the Shelby-modifi ed GT40 under the f 1 s c a d e MONTEREY MONTEREY RECAP COLLECTING THOUGHTS A Tale of Two Ford GT40s Two Important Ford GT40s, Two Different Prices The Gulf car sold for more than twice th TEREY RECAP COLLECTING THOUGHTS A Tale of Two Ford GT40s Two Important Ford GT40s, Two Different Prices The Gulf car sold for more than twice the price of the prototype. Did GT104’s buyer get a deal or did P1074’s buyer pay too much? by Miles Collier T wo of the most historically important Ford GT40s in existence were sold within days of each other during the Monterey Car Week — with two very different results. The Ford factory/Shelby American prototype GT104 sold at Gooding & Company’s Pebble Beach Auction on August 19 for $4.95 million. Just two days earlier, the Gulf Mirage M10003/Ford GT40 P1074 sold at RM Auctions’ Monterey Auction for $11 million. The Gulf car sold for more than twice the price of the prototype. Did GT104’s buyer get a deal or did P1074’s buyer pay too much — or are the cars really that different in value? Well, yes to all of the above. Among the most important long-distance racing cars ever, Ford GT40s ultimately won Le Mans four times. The fi rst two victories were the result of Henry Ford II’s diktat that the Ford Company would crush Ferrari at Le Mans as part of Ford’s “Total Performance” marketing. The other two victories happened subsequent to Ford’s re- tirement from endurance racing. These wins were unlooked-for lagniappe courtesy of Gulf Oil’s decision to sponsor a team of GT40-based cars in international endurance races. Initially, the Ford factory racing program experienced frustration due to a litany of technical issues — mostly because the company was inexperienced in motor rac- ing. After two frustrating seasons, Ford enlisted Shelby American to take over the development program. In a scant few months, Carroll Shelby and his team turned the GT40 prototypes into winners of the 1965 Daytona race. GT104 is one of the Shelby cars that marked the GT40s as a coming force. Meanwhile, back at Ford Advanced Vehicles in England, where the GT40s were built, work was proceeding apace to produce the Shelby-modifi ed GT40 under the f 1 s c a d e and and Holman & Moody. These components were built up into the Le Mans-winning, 7-liter Mark II cars of 1966 and the backup Mark IIBs to the race-winning, domestically originated 1967 Ford Mark IV prototypes. Through the production GT racers, the Ford GT be- came a favorite of independent racing teams all over the world. The cars were competitively priced, used easyto-source parts and were simple to repair by virtue of their steel chassis (but have proven massively rust-prone in the modern collectible era). Most importantly, GT40s were fast, strong, easy to drive and comfortable in long-distance races. That the GT40 was also one of the most handsome cars of the period — irrespective of street or race intention — didn’t hurt. Indeed, so well styled was the car in its standard production incarnation that Ford reprised the whole shebang 40 years later in its Ford GT supercar. Gulf roars onto the scene For the 1967 season, plans were brewing in Pittsburgh, PA. Grady Davis, a Gulf Oil vice president and motor racing guru, had decided to start an international racing effort. Davis recruited none other than John Wyer of FAV to build a team of three “Mirage” prototypes based on the Ford GT. Widely acknowledged as the best race team manager in the world, Wyer proposed that Gulf run prototypes ooser rules that would e s n-gauge steel in the c designed greenhouse ll area and Ford “EF” l Foundry) 351-ci ene Mirages were potent, g competitors in their ason. t l e g r 1968, the rules ged. Prototypes re allowed no more an 3 liters of engine splacement, and proction-based r racers uld have no more than ters — provided they ed in build numbers r more. r e rules required that 1964 Ford GT40 prototype, sold for $4.95m at Gooding ONTEREY RECAP COLLECTING THOUGHTS A Tale of Two Ford GT40s Two Important Ford GT40s, Two Different Prices The Gulf car sold for more than twice the price of the prototype. Did GT104’s buyer get a deal or did P1074’s buyer pay too much? by Miles Collier T wo of the most historically important Ford GT40s in existence were sold within days of each other during the Monterey Car Week — with two very different results. The Ford factory/Shelby American prototype GT104 sold at Gooding & Company’s Pebble Beach Auction on August 19 for $4.95 million. Just two days earlier, the Gulf Mirage M10003/Ford GT40 P1074 sold at RM Auctions’ Monterey Auction for $11 million. The Gulf car sold for more than twice the price of the prototype. Did GT104’s buyer get a deal or did P1074’s buyer pay too much — or are the cars really that different in value? Well, yes to all of the above. Among the most important long-distance racing cars ever, Ford GT40s ultimately won Le Mans four times. The fi rst two victories were the result of Henry Ford II’s diktat that the Ford Company would crush Ferrari at Le Mans as part of Ford’s “Total Performance” marketing. The other two victories happened subsequent to Ford’s re- tirement from endurance racing. These wins were unlooked-for lagniappe courtesy of Gulf Oil’s decision to sponsor a team of GT40-based cars in international endurance races. Initially, the Ford factory racing program experienced frustration due to a litany of technical issues — mostly because the company was inexperienced in motor rac- ing. After two frustrating seasons, Ford enlisted Shelby American to take over the development program. In a scant few months, Carroll Shelby and his team turned the GT40 prototypes into winners of the 1965 Daytona race. GT104 is one of the Shelby cars that marked the GT40s as a coming force. Meanwhile, back at Ford Advanced Vehicles in England, where the GT40s were built, work was proceeding apace to produce the Shelby-modifi ed GT40 under the f 1 s c a d e and Holman & Moody. These components were built up into the Le Mans-winning, 7-liter Mark II cars of 1966 and the backup Mark IIBs to the race-winning, domesti- cally originated 1967 Ford Mark IV prototypes. Through the production GT racers, the Ford GT be- came a favorite of independent racing teams all over the world. The cars were competitively priced, used easy- to-source parts and were simple to repair by virtue of their steel chassis (but have proven massively rust-prone in the modern collectible era). Most importantly, GT40s were fast, strong, easy to drive and comfortable in long-distance races. That the GT40 was also one of the most handsome cars of the pe- riod — irrespective of street or race intention — didn’t hurt. Indeed, so well styled was the car in its standard production incarnation that Ford reprised the whole shebang 40 years later in its Ford GT supercar. Gulf roars onto the scene For the 1967 season, plans were brewing in Pittsburgh, PA. Grady Davis, a Gulf Oil vice president and motor racing guru, had decided to start an inter- national racing effort. Davis recruited none other than John Wyer of FAV to build a team of three “Mirage” prototypes based on the Ford GT. Widely acknowledged as the best race team manager in the world, Wyer proposed that Gulf run prototypes ooser rules that would e s n-gauge steel in the c designed greenhouse ll area and Ford “EF” l Foundry) 351-ci en- e Mirages were potent, g competitors in their ason. t l e g r 1968, the rules ged. Prototypes re allowed no more an 3 liters of engine splacement, and pro- ction-based r racers uld have no more than ters — provided they ed in build numbers r more. r e rules required that 1964 Ford GT40 prototype, sold for $4.95m at Gooding e e prototypes be cono 5-liter Ford GTs. Enter tt car, Mirage M10003, w r T P1074. As is so well n ent on to dominate in d 1 g only used four chash are, but iconic in their very. It also does not 0 c tt they were the most e e T g Sports Car Market Mathieu Heurtault, courtesy of Gooding & Company

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and GT104, were important cars in their own right, as they won and placed at major venues in 1965 under the banner of Shelby American. Shelby’s role in the success of the GT40 cannot be overemphasized. GT104 lies at the heart of that effort. GT104 is one of the most important GT40s in existence. Restored to its SAI prototype appearance, it will be the focus of attention at what- ever event it graces. With its very different prototype details, GT104 impounds the drama and effort that comprised the Shelby development program. The current restoration is not terribly accurate, but this in no way takes away from its importance or desirability. This is a great car. By contrast, P1074 represents the tail end of the continuum. The Gulf cars are simply the last, the fastest and best GT40s. Firmly associated through their blue and orange livery with the subsequent Gulf 917 campaign, P1074 simultaneously represents the start of Gulf racing dominance. Additionally, with its muscular form, many believe that no GT40s are more physi- cally seductive. An added plus to this car is its history as a 1967 Mirage. This former existence gives the owner the option of re-restoring this car in its M10003 identity. As only one Mirage is currently extant, adding this car to that number would raise the profile of these important machines. Once more we would have a play on the beginning and end of a series, with the Mirages marking the start of the Gulf campaign. As with GT104, P1074’s restoration needs to be upgraded based upon today’s ar1968 Ford GT40 Gulf/Mirage Lightweight, sold for $11m at RM highly developed — and therefore fastest — of the GT40 series. Bookends of the GT40 era Let’s examine our two cars. The first and last ex- amples of a series are the most collectible, and here we have here the perfect bookends of the Ford GT. More importantly, the start of the series, cars GT103 chival standards. In its former life, 1074 lost its original carbon-enhanced bodywork and original roof when it was used as a camera car for the Steve McQueen’s movie “Le Mans.” It was precisely this area that was changed to convert M10003 to P1074. Given that the car comes with its original Mirage bodywork, and that the roof is in incorrect heavygauge steel, the car could properly be returned to its Mirage configuration. Personally, I prefer the sexy look of the Mirages. As a free benefit of the conversion, the car gets the Ford 351-ci engine that should easily see off mundane GT40 competition. Will the buyer go this way? Probably not — unless he is a student of racing history and iconoclastic enough to be comfortable owning a Mirage rather than a Gulf GT40. Weighing everything up, I’d call GT104 well bought, and, despite upward pressure from the under-bidder that drove the price above market, P1074 was fairly bought. ♦ November 2012 61 Pawel Litwinski, © 2012 courtesy of RM Auctions

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MONTEREY RECAP CONCORSO ITALIANO Concorso Italiano’s 27th Family Reunion Fiat 500s mingle with Lamborghini Miuras and Ferrari 458s by Chester Allen maculate centerpiece cars invited to show off the best designs of Bertone, which is celebrating its 100th anniversary this year. Other famous Bertone cars on display included the 1967 Jaguar Pirana car and the sleek, wedge-shaped 2012 Bertone Nuccio concept car, which reminded many of the famous Bertone Lancia Stratos Zero of the 1970s. Meier’s orange Miura is almost completely original, and it looks almost exactly as it did when in left the Lamborghini factory 42 years ago. “This is a 1953 Fiat Stanguellini Berlinetta owned by SCMers Pete and Susan Vasquez of Salinas, CA men and women and the high-pitched howl of redlining V12 engines late in the afternoon. There’s a lot of truth to all this, but the casual, friendly gathering on the fairways of the Laguna Seca Golf Ranch also offers a real sense of a family reunion. Especially if you consider your Italian car part of the family. This year, dozens of Fiat 500 cars percolated across the green grass to take part in C the 55th anniversary of the iconic Italian compact family car. Jason Hertz and his girlfriend, Daisy Rojas, brought their 1964 Fiat 500 all the way from Miami, FL, for the August 17 bash. “We’ve had it three years, and we love it,” Hertz said as he sipped wine and sampled cheese from a nearby plate. “We’re going to keep it,” Rojas said. “In Miami, having a Lambo is no big deal, but people don’t see old Fiats, so they stop and take a look at this great car.” Part of the family since 1979 In a world where many marriages implode in less than a decade, John Maclay has spent 33 happy years with his 1964 Alfa Romeo 2600 Spider. “It’s Italian panache — industry, engineering and artistry all at once,” Maclay, of Walnut Creek, CA, said during the show. “I’ve owned the car since 1979, I’m the third owner, and it’s a lifetime car.” Maclay and Hertz joined hundreds of Italian-car owners who showed off their treasures to a crowd of more than 8,000 sun-drenched spectators. The day is always a car-spotting dream for Ferrari, Lamborghini, Maserati and Alfa Romeo lovers. Jeff Meier of Woodland Hills, CA, savored Plan ahead: August 16, 2013 Where: Laguna Seca Golf Ranch, Monterey, CA Cost: $125 (in 2012) More: www.concorso.com 62 the mellow rumble of his 1970 Lamborghini Miura S as he waited to drive onto the award stand. Meier’s Miura was part of a display of im- 1960 Fiat 600 owned by Rad Bartlam of Lodi, CA Sports Car Market oncorso Italiano celebrated 27 years of bringing Italian cars, food, wine and attitude to Monterey Car Week, which is more than enough time to build up a few stereotypes. Yes, we’re talking about rows and rows of red Ferraris, gold chains on completely unrestored car,” Meier said. “I bought it seven years ago from a 97-year-old man who bought it new to celebrate his retirement in 1970. “In my will, it states that if the car is sold after my death, an urn with my ashes will go with the car, so this is a beyond-a-lifetime car.” This year marked SCM Publisher Keith Martin’s 15th time as Concorso Italiano emcee, and Maclay said it wouldn’t be Concorso without Martin’s voice floating above the cars, the food and the friends. The Italian cars are beautiful and addictive to drive, but they’re also a way to meet new, like-minded people who often become — you guessed it — lifetime friends and family, Maclay said. “The crowd is nice, and it’s great to just talk to them about all their beautiful cars in this beautiful place,” Maclay said as he gestured to the green fairways, the shining cars and hillsides draped with oak trees. “I’ve been coming to Concorso pretty much from the beginning.” ♦ Photos by Tony Piff

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SCMers at Concorso Italiano Daryl Adams—Barrington Hills, IL 1968 Lamborghini Espada Fred Anderson—Raleigh, NC 1963 Ferrari 250GT/L Lusso Bob Andre—Carmichael, CA 2008 Porsche GT3-RS Charles Andrews—Long Beach, CA 1940s Bianchi Folgore, 1973 Colnago Super Pantografata, 1968 Pogliaghi Track Tandem, 1960 Masi Special John Bailey—Coto De Caza, CA 1998 Ferrari F430 Spyder Henry & Leigh Ann Bandet—Atherton, CA 1985 Ferrari 288 GTO Steve Barber—San Jose, CA 1960 Maserati 3500GT W. Malcolm Barksdale—San Diego, CA 1966 Lamborghini 350GT Ari Baron—Mill Valley, CA 1967 Lancia Flaminia Supersport Jim & Elyse Barrett—Huntington Beach, CA 1973 Alfa Romeo Spider Burt Baumgartner—Paso Robles, CA 1965 Shelby Cobra Tony Blevins—Half Moon Bay, CA 1972 DeTomaso Pantera John & Yoko Borchelt—Belmont, CA 2002 Porsche 996 Targa Christopher Brown—Sherman Oaks, CA 2006 Maserati Quattroporte Phil Brown—Oakland, CA 1980s Pogliaghi Selection Brevete Dave Buchanan—Menlo Park, CA 1967 Fiat Abarth Otr 1000, 1966 DeTomaso Vallelunga Coupe Jorge Bujazan—San Diego, CA 1967 Lamborghini 400GT 2+2 Gabrielle Campbell—Novato, CA 1988 Ferrari 328 GTS Carl E. & Cecile Canales—Pittsburgh, PA 1987 Mercedes Benz 560SL Redgee Capili—Morgan Hill, CA 2001 Ferrari 456M, 1992 Ferrari 512TR Richard Carpeneti—San Francisco, CA 1977 Maserati Merak SS Tim Carrico—San Francisco, CA 1995 Alfa Romeo 164 Jonathan Cats—Lynnwood, WA 2001 Lamborghini Diablo Carson & Helen Chen—Foster City, CA 2011 Ferrari 599 GTO Don Clark—Medford, OR 2000 Porsche Boxster John S. Clark—Santa Barbara, CA 1968 Alfa Romeo GTA, 1969 Lamborghini Islero GTS William West & Maggie Clark—Salinas, CA 1972 Alfa Romeo Berlina 2000 Steve Colletti—Whittier, CA 2008 Porsche GT3 RS Terry Cook—Long Valley, NJ 1939 Packard fastback Bret Cox—Los Gatos, CA 2007 Mercedes Benz S550 AMG November 2012 Tancredi F. D’Amore—Mill Valley, CA 1958 Alfa Romeo Giulietta Spider Veloce Felix E. Daoust—Ramona, CA 1996 Briata Euro-Touring Michael Davis—Westlake Village, CA 2008 Ferrari F430 Spyder Michael Deeb—San Francisco, CA 2010 Porsche GT3 Mary Ann Dickinson—Chicago, IL 1986 Alfa Romeo Graduate John Edwards—Costa Mesa, CA 1968 Fiat 850 Sedan Michael Egan—Watsonville, CA 1973 Fiat 124 Spider Tom Escover—Novato, CA 1985 Ferrari 308 GTS QV Craig & Mary Jane Filice—San Martin, CA 1972 DeTomaso Pantera Ted & Debra Floor—Los Gatos, CA 1997 Ferrari 550 Maranello Robert Forbes—Emerald Hills, CA 1973 Alfa Romeo GTV Brian Foy—Houston, TX 2002 Ferrari 575M Arnie Friedman—Camarillo, CA 2011 Ferrari 458 Ron Gallo—Tuckahoe, NY 1979 Fiat X 1/9, 1967 Ferrari P4 replica Andy Gault—Santa Barbara, CA 2002 Ferrari 575M Maranello Ray Gin—Elk Grove, CA 1999 Lamborghini Diablo Jerry Godfrey—Gold River, CA 1969 Alfa Romeo 1750 Spider Veloce Lane Goldstein—Calabasas, CA 2008 Lamborghini Murceilago Bruce M. Gordon—Carmel, CA 1991 Cadillac Allante Scott Gordon—South San Francisco, CA 1978 Alfa Romeo Spyder Matthew Gorski—Long Beach, CA 1971 Colnago Super Richard & Carolyn Gray—Carmel Valley, CA 1971 Maserati Ghibli Don Greene—Ventura, CA 1965 Maserati Sebring II Mike Griffin—Cambria, CA 2001 Ferrari 550 Harry & Anita Hart—Incline Village, NV 1951 Siata Gran Sport Forrest E. Hatch—Gold Hill, OR 1986 Ferrari 328 Terry Houlihan—San Francisco, CA 2002 Ferrari 360 Modena Spider, 2012 BMW 535i Kevin & Janet Hurley—Berkeley, CA 1983 Ferrari 308 GTS QV Joe & Beth Hurwich—Piedmont, CA 1971 Ferrari 365 GTB/4 Daytona Spyder John Hutchinson—Stinson Beach, CA 1974 Alfa Romeo GTV Mike Ingegno—Oakland, CA 1961 Alfa Romeo Giulietta Sprint Speciale Robert L. Jacobs—San Diego, CA 2010 Dodge Viper Fred Johansen—San Francisco, CA 1961 Maserati 3500 GT Darryl Johnson—Gilroy, CA 1974 DeTomaso Pantera Rod Johnson—Oakdale, CA 2002 Porsche Boxster S Steve Johnson—Huntington Beach, CA 1967 Alfa Romeo GT 1300 Junior, 2006 Lamborghini Gallardo SE Jan Jurnecka—Aptos, CA 1975 Bianchi folding bicycle Rob Karr—Cupertino, CA 1978 Ferrari 308 GTS Thomas Kearns—Coto de Caza, CA 1972 Ferrari 246 Dino Gt Steve Kirby—Dove Canyon, CA 1965 Jaguar Mark X 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 355 F1 Spider Richard Lane—Scotts Valley, CA 1971 Fiat Dino coupe Edward Lauber—Redwood City, CA 1980 Rossin Fausto Roland LeVeque—Westlake Village, CA 1971 Ferrari 365 GTB/4 Daytona Spyder Peter R. Lewis—Fulton, CA 1995 Alfa Romeo 164 LS Steve Lucanic—Santa Rosa, CA 1993 Cadillac Allanté Johnathan Mack—Loomis, CA 2004 BMW M3 Jay Mackro—San Juan Capistrano, CA 1966 Alfa Romeo Giulia Sprint GT Len Maggiore—San Jose, CA 1989 Ferrari 328 GTS Marco Marini—San Mateo, CA 1998 Ferrari F355 Spyder, 1965 Fiat Abarth 595 SS George Markle—San Francisco, CA 2012 Lamborghini LP 550-2 Dave Martinez—Fremont, CA 1982 Gianni Motta Personal, 1950 Bianchi Parigi-Roubaix Dan McCallum—Vancouver, B.C. 1989 Maserati 228 Paul C. Mehus—Los Gatos, CA 1998 Ferrari 550 Maranello, 1959 Alfa Romeo Spider Veloce Bert A. Meli—Lomita, CA 2003 Lamborghini Murcielago Bud & Jan Millard—Millbrae, CA 1972 DeTomaso Pantera Chuck Miller—Reseda, CA 1973 Porsche 911S Stephanie Miller—Novato, CA 1985 Maserati QP Ralph Moceo—Santa Cruz, CA 1959 Fiat 500 Bianchina, 1958 Fiat 1200 TV Spider Jay Morris—Shingle Springs, CA 1969 DeTomaso Mangusta Ronald & Anne Murphy—Los Altos, CA 1979 Ferrari 512 BB Steven & Phyllis Murphy—San Diego, CA 1965 Ferrari 275 GTB Kjell Nelin—Chalfant, CA 1960 Lancia Flaminia GT Joe Niederst—Ventura, CA 1973 Alfa Romeo Berlina Robert Ochi—Granite Bay, CA 1986 Ferrari 328 GTS Rex Park—Sylmar, CA 1966 Lotus Elan Denny & Dani Paul—Carmel, CA 1967 Apollo GT coupe Trevor Pearson—Los Angeles, CA 1974 Alfa Romeo GTV Laust Pedersen—Santa Barbara, CA 1972 Lamborghini Espada Bill Penny—Lake Oswego, OR 1979 Fiat Spider 2000 Alex Penrith—OJAI, CA 1988 Ferrari 328 GTS Gray & Audrey Poole—Yuba City, CA 1967 Maserati Quattroporte I, 2012 Fiat Bertone 500 C Michael Pordes—Fairfield, CA 1967 Alfa Romeo Duetto Joe Prang—Los Gatos, CA 2008 Bentley GTC Marvin Price—Scottsdale, AZ 1990 Jaguar XJS V-12 Kirk Pumphrey—San Jose, CA 2001 Ferrari 550 Maranello Thomas M. & Darlene Quigg—Sausalito, CA 1998 Ferrari F355 F1, 2012 Ferrari 599 - FCC Rally Car Jon Quint—Oakland, CA 1972 Ferrari 246 GT Dino Troy & Ruth Raynor—Morro Bay, CA 2005 Ferrari 575F Superamerica Daniel & Katy Rhodes—Pebble Beach, CA 1959 Alfa Romeo Giulietta Spider Veloce, 1961 Alfa Romeo Giulietta Sprint Veloce Roy & Barbara Riccetti—Gilroy, CA 1983 Ferrari 308 GTS QV Jerome Richards—Modesto, CA 1968 Intermeccanica Italia Danny Ritter—Redondo Beach, CA 1967 Fiat Dino Spider Ken B. Ken Roath—Newport Beach, CA 1955 Ferrari 250 Europa GT Eric Rothenhaus—Pacifica, CA 2006 Lotus Exige Paul & Jackie Schaeffer—Tiburon, CA 1967 Ferrari 330 GT 2+2 Yuergen Schuessler—Fresno, CA 2007 BMW 335i List continued on p. 69 63

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MONTEREY RECAP LEGENDS OF THE AUTOBAHN You Can’t Beat the Price — or the Fun Legends of the Autobahn’s growing popularity isn’t just because it’s free during a week when other events cost between $100 and $400 by Chester Allen shop owner said it didn’t have a title, but I could have it for free if I’d just take it away.” Eyler, a BMW technician in his early 20s, called his brother — another BMW technician — and hauled away the battered car. “We opened up the glove box, and there was the title,” Eyler said. Months of work on the mechanicals got the car running just great. “I’ve come to like how it looks, and I love how it runs,” Eyler said. “A lot of other people also like the car, and there is no reason for me to ever sell it.” Leland Mlejnek drove his pristine, un- restored 1974 Porsche 911 Carrera onto the fairway with casual expertise. That was no surprise, as he’s owned the car since 1975. “I love the design of this car and the Sterling Eyler’s 1985 BMW M535i — a lived-in look with a muscular purr M onterey Car Week has a fast-growing middleweight event on the crowded Friday-Before-Pebble Beach cluster of heavyweight car festivals. The fourth annual Legends of the Autobahn once again brought dozens of top Porsches, BMWs and Mercedes-Benz cars to the Carmel Valley’s Rancho Canada Golf Club on August 17, and, once again, it was free to all. But Legends of the Autobahn’s growing popularity isn’t just because it’s a free event during a week where admission to other events can run between $100 and $400. What really makes Legends of the Autobahn a fast-growing event — one that thrives on the same day as bigger happenings such as The Quail and Concorso Italiano — is that it remains a fun car show during the Most Important Week in the Collector Car Hobby. Sure, the organizers still hand out awards, but many owners simply show up to show off their beloved cars, perhaps drink a glass of beer or wine before lunch and have a good time. The already-terrific show field is growing — Audi owners joined the party this year — which adds value to what is already the best deal of Monterey Car Week. “We have more than 2,000 people attending and between 450 and 500 cars,” said Frank Patek, executive director of the BMW Car Club of America. “And we’re the unofficial U.S. launch of the new BMW Zagato coupe, which is very exciting for us.” Here, you’ll find plenty of car owners picking grass blades off their tires before the judging starts, and a lot of the cars just glowed on the greenery. But this car show also has room for the unexpected. One of the most admired cars of the day was a sun-scorched 1985 BMW M535i that Sterling Eyler drove to Carmel from his home in Livermore, CA. The muscular purr coming from the exhaust was completely at odds with the eroded paint job. Eyler likes the contrast, and so did a lot of other car addicts on hand. The car’s faded patina came Plan ahead: August 16, 2013 Where: Rancho Canada Golf Club, Carmel Valley, CA Cost: $25 to show a car, free admission to all More: www.legendsoftheautobahn.org from sitting behind a car shop in the hot sun for more than five years, Eyler said. “I saw it, and I knew it was a upgraded European-prepared, M5,” Eyler said. “It had no transmission and no exhaust, and the 64 Leland Mlejnek’s 1974 Porsche 911 Carrera Sports Car Market philosophy behind the manufacturing of this car,” Mlejnek said. “And it’s still a lot of fun to drive.” Porsche fans stopped to take photos of Mlejnek and his car, and no one in the long lines of Porsche cars seemed to sweat over trophies or ribbons. There was a lot of hood raising and engine starting — and laughter. Mlejnek said he’s kept the car original for the past 37 years because he loves the look and feel of the Carrera, and he doesn’t want to meddle with perfection. “A car is only original once, and I have three other 911s that are not original,” Mlejnek said. “You can’t fix lack of originality, and this is a lifetime car for me.” The masterminds behind Legends of the Autobahn seem happy with their original vision of a casual car show during Monterey Car Week, and that can mean only more of the same next year. “I want to keep this car as long as possible,” Baron Garger of Fremont, CA, said of his 1998 BMW M3. “And I like a show that I can drive to — this is just lots of fun.” ♦ Photos by Tony Piff

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SCMers at Legends of the Autobahn James Alton 1958 Porsche 356A Carlos Alvarez 1998 Porsche 993 Gary Anderson 2005 Mercedes-Benz C55 Joseph Bauer 2005 Porsche Carrera 4 S Wally Buch 1961 Mercedes-Benz 300SL roadster Satch Carlson 2012 BMW Z428i Ronald Cates 2003 Porsche Carrera 4 Will & Sonoma Clark 1957 Mercedes-Benz 300 SL Barry Corno 1983 Mercedes-Benz 380 SEC Kurt Delimon 1972 BMW 3.O CS Jerry Dotson 1938 BMW 327 Cabriolet Cal Fugitt 2006 BMW 750 Stephen Gertz 2005 BMW M3 Marc Giammona 2012 Porsche Cayman Jeff Goss 1967 BMW 1600-2 Paul Griep Porsche 911 Mark Henzel 1983 Porsche 911 SC Tom Hierl 1971 Porsche 911 T Robert Key 1990 BMW M3 Jurgen Klockemann 1970 Mercedes-Benz 280 SL Ed Kramer 1984 Porsche 911 coupe John Kraus 1988 Porsche Carrera Targa Ray Kulina 1979 Porsche 911 SC Don Lee 2001 Porsche 911 SC David Lee 2006 Ferrari F430 Jeff Lewis 1982 Porsche 911 SC Jeff Macaluso BMW 2002 Tii Xavier Maignan 1970 Mercedes-Benz 280 SL David Martinez 1973 Porsche Carrera RS Ron Martinez 1984 Porsche 911 coupe November 2012 65 Pat Matthews 1956 Mercedes-Benz 300SL Roger Morrison 1968 Porsche 911 Marylinn Munson 2009 Porsche 997 S Cab Ron Perry 1973 BMW 3.2 CSL Don Pulver 1997 BMW M3 Hoss Rahnema 2001 BMW M3 Charles Rich BMW 3.0 CS Steve Ritchie 1985 BMW 323i Alex Roethe Porsche 997 Cabriolet David Roseman 2012 Porsche 911 GTS Steve Ross 1987 Mercedes-Benz 560 SL W107 David Rossiter 1972 BMW 2002 tii David Rossiter 1984 Porsche 911 Carrera, 1960 Porsche 356B roadster Rolando Saldana 1995 BMW M3 LTW Henry Schmitt BMW M3 Roy Spence 1966 Mercedes-Benz 230S Jeffrey Srinivasan 2008 Porsche Cayman S Sport Jeff St. Cair BMW 69 Robert Stake Porsche Boxster S Dieter Stenger 1973 BMW 2002 tii Allen Stephens 2005 Mercedes-Benz E500 Estate Barry Taylor 2008 Mercedes-Benz James Cook RV Mike Ura 1980 BMW M1 Reid Vann 1957 Porsche 356 Speedster Steven Vining 1975 Porsche 911 S Steve Walker 1965 BMW 1800 Ti/SA Jon Walton 1996 BMW M3 Richard Williams 1987 Porsche Carrera

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MONTEREY RECAP PEBBLE BEACH CONCOURS D’ELEGANCE A Spectacle Beyond Equal Cars of the Maharajas, the Norman Timbs Roadster and SCMers Paul and Judy Andrews win Best of Show By Carl Bomstead T he Pebble Beach Concours d’Elegance stands at the pinnacle of elite concours events. The spectacular venue on the 18 Fairway of the world-famous Pebble Beach Golf Links — and the innovative and imaginative selection of vehicles on display — present a spectacle beyond equal. Over the years, Pebble Beach has evolved. Once famed for presenting over-restored, rarely driven vehicles, Pebble Beach is now an event where most of the entrants participate in the 70-mile Tour d’Elegance on the Thursday preceding the concours. Authenticity correctness of and restoration are now highly emphasized in the judging process, and an overrestored car gets marked down. One of the most popular featured classes this year — the 62nd concours — was the Automobiles of the Maharajas. Indian royalty — the Maharajas, Rajas, Ranas and Nawabs of the hundreds of princely states — once owned some of the finest and most extravagant automobiles ever made. The 1910 Brooke Swan Car was undoubtedly the 1948 Norman Timbs Special, winner of Best of Class most photographed vehicle on the field. Commissioned by a wealthy British engineer who lived in Calcutta, the swan’s head and body concealed the radiator and hood. It sprayed hot water from the swan’s beak that cleared passage through the crowded Calcutta streets and dropped splats of whitewash from the rear to add to the realism. It was owned by the Maharaja of Nabha for more than 70 years, and he built the matching 1919 Cygnet, or “Baby Swan,” for children’s use on the estate. Another featured class, American Sports Customs, also garnered a great deal of spectator interest. These were the cars that returning World War II servicemen dreamed about building, as sporty American roadsters were unavailable in the era. Customizing a pre-war car was much less expensive than buying a scarce new car, and they were far more stylish. Gary Cerveny’s long and streamlined 1948 Norman Timbs Special, which appeared on the cover of Motor Trend in October of 1949, won the Best of Class award and received the crowd’s admiration as well. Cerveny, of Malibu, CA, bought the car, then battered and neglected, at a 2002 Barrett-Jackson auction for about $17,000 and had it restored. SCMer Margaret Dunning received a special award as she drove her 1930 Packard 740 Custom Roadster across the ramp. She purchased the car in 1949 and continues to drive the Packard even though she is now 102 years young. Just “Ask the woman who owns one.” The Best of Show was the Saoutchik-bodied 1928 Mercedes-Benz 680S Torpedo owned by SCMers Paul and Judy Andrews. Its low windshield and elegant chrome accents made it a stunning sports and luxury touring car. It was a heady competition this year, but this was a welldeserved award. The featured classes for 2013 have not 1910 Brooke Swan Car (left) and 1919 Cygnet “Baby Swan” 66 been announced, but we can be assured that when they arrive on the field August 18, 2013, they will be truly spectacular. ♦ Plan ahead: August 18, 2013 Where: Pebble Beach Golf Links, Pebble Beach, CA Cost: $200 in advance, $250 on Concours Sunday More: www.pebblebeachconcours.net Sports Car Market David Tomaro Chad Tyson

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SCMers at Pebble Beach Steven Adler — New Vernon, NJ 1931 Alfa Romeo 6C 1750 Gran Sport Zagato Spider Dawn Ahrens & David Gooding — Santa Monica, CA 1961 Aston Martin DB4 Series IV Touring Coupe Andrew & Josephine Alcazar — Phoenix, AZ 1960 Ferrari 250 GT Pininfarina Cabriolet Paul E. Andrews Jr. — Fort Worth, TX 1928 Mercedes-Benz 680S Saoutchik Torpedo Best of Show Richard Atwell 1914 McIntyre Imp Model Z Tandem Cyclecar Stephen & Susan Babinsky — Lebanon, NJ 1932 LaSalle 345B Fisher Sport Phaeton John Banner — Long Melford, England 1901 De Dion-Bouton Motorette Vis à Vis 2nd Place in Class A-1 Small Horsepower The Bertolotti & Rawlins Families — Balboa Island, CA 1927 Rolls-Royce Phantom I Brewster Blackhawk Collection — Danville, CA 1948 Cadillac Series 62 Saoutchik Cabriolet & 1953 Delahaye 235 Saoutchik coupe Stephen Brauer — St. Louis, MO 1937 Rolls-Royce Phantom III Barker Sports Torpedo Cabriolet Mark & Newie Brinker — Houston, Texas 1953 Mameco-Adrun Glasspar G2 Special Award Dean Batchelor Trophy Charles Bronson — Camarillo, CA 1929 Mercedes-Benz SS Barker roadster David C. Buchanan — Menlo Park, CA 1956 Talbot-Lago T14 LS Letourneur et Marchand coupe Paul J. Burt — Lake Forest, IL 1947 Delahaye 135 MS Langenthal coupe Martin & Sandra Button — San Francisco, CA 1904 Oldsmobile Model N “French Front” Touring Runabout Jim Callahan — Oakland, CA 1932 Stutz DV-32 LeBaron Sedan 1st Place in Class L-1 Prewar Preservation Bruce Canepa — Scotts Valley, CA 1967 Shelby Cobra 427 Street Roadster Gary & Diane Cerveny — Malibu, CA 1948 Norman Timbs Emil Diedt Roadster 1st Place in Class U American Sport Customs David & Adele Cohen — West Vancouver, Canada 1933 Alfa Romeo 6C 1750 Gran Sport Figoni Coupe 1st Place in Class J-1 European Classic: Racing, Special Award Road & Track Trophy Corky Coker — Chattanooga, TN 1918 Mercer Series 4 Raceabout Competition Motors LTD — Portsmouth, NH 1937 Bugatti Type 57C Vanvooren Cabriolet William E. Connor II— Hong Kong 1936 Hispano-Suiza J12 Saoutchik Cabriolet 2nd place in Class F Saoutchik Coachwork, Special Award Alec Ulmann Trophy Michelle & Martin Cousineau — Beverly Hills, CA 1940 Seward Allen Coachcraft roadster Henry A. Davis — Omaha, NE 1965 DKW Hummel 155 motorcycle November 2012 Lammot J. du Pont — McLean, VA 1964 Ferrari 400 Superamerica Pininfarina coupe 2nd Place in Class M-1 Ferrari Grand Touring James D. Farley Jr. — Orchard Lake, MI 1965 Shelby Cobra 289 USRRC Competition roadster Jim & Nancy Feldman — Portland, OR 1963 AC Ace 2.6 Ruddspeed roadster Joseph & Cynthia Freeman — Boston, MA 1914 Mercer Model 35 J Raceabout Jerry & Cathy Gauche — Murphys, CA 1938 Delage D6-70 Letourneur et Marchand Cabriolet Joe & Isabella Germann — Chelmsford, MA 1959 Arthur Bentas “The Rave” convertible Andrew Gordon — Los Angeles, CA 1965 Ferrari 275 GTB Alloy Scaglietti Berlinetta 3rd Place in Class M-2 Ferrari Competition Audrey & Martin Gruss — West Palm Beach, FL 1931 Bugatti Type 55 Roadster 3rd Place in Class J-1 European Classic: Sports Racing, Special Award The French Cup Peter Hageman — Kirkland, WA 1923 Rolls-Royce Silver Ghost Barker Tourer William E. Heinecke — Bangkok, Thailand 1963 Shelby Cobra 289 Competition roadster Lee & Joan Herrington — Bow, NH 1955 Ferrari 250 GT Pininfarina Berlinetta Speciale Roger Hoffmann — Point Reyes Station, CA 1969 Ferrari 365 GTC Pininfarina coupe Mr. & Mrs. Charles Howard — Cloucestershire, England 1912 Rolls-Royce Silver Ghost Cann roadster Mark & Kim Hyman — St. Louis, MO 1931 Chrysler CG Imperial LeBaron roadster The Hon. Sir Michael Kadoorie — Hong Kong 1925 Rolls-Royce Phantom I Barker Sports Torpedo Tourer 1st Place in Class E-2 Maharaja Rolls-Royce The Keller Collection — Petaluma, CA 1925 Hispano-Suiza H6B Kellner Cabriolet 3rd Place in Class E-1 Maharaja 1955 Mercedes-Benz 300SL Gullwing Coupe, 1932 Delage D8 SS 100 Figoni Cabriolet 2nd Place in J-3 European Classic: French Grand Touring Neal Kirkham — Saratoga, CA 1937 Bentley 4¼ Litre Windovers Drophead coupe Larry & Jeanne Klein — Santa Rosa, CA 1950 Alfa Romeo 6C 2500 SS Touring coupe 2nd Place in Class O-3 Postwar Sports Touring, Special Award The Vitesse Elegance Trophy Richard Kocka — Redding, CT 1958 Pegaso Z-103 Touring Berlinetta 2nd Place in Class O-2 Postwar Sports Closed Jeff Lotman — Los Angeles, CA 1949 Jaguar XK 120 Roadster 1st Place in Class O-1 Postwar Sports Open Barry & Karen Meguiar — Irvine, CA 1904 Duryea Four-Wheel Phaeton Louwman Museum/Evert Louwman — The Hague, The Netherlands 1910 Brooke 25/30 HP Swan Car & 1919 Maharaja of Nabha Cygnet Stan Lucas — Long Beach, CA 1912 Mercer Model 35 C Raceabout & 1921 Mercer Series 5 Raceabout The William Lyon Family — Newport Beach, CA 1935 Duesenberg J Gurney Nutting Speedster 67 Richard Mahoney — St. Louis, MO 1946 Delahaye 135 M El Glaoui Figoni & Falaschi Cabriolet 3rd Place in Class O-3 Postwar Sports Touring Michael & Barbara Malamut — Thousand Oaks, CA 1933 Fiat Balilla Roadster 2nd Place in Class K Fiat Sam & Emily Mann — Englewood, NJ 1929 duPont Model G Merrimac Speedster 1st Place in Class C-1 American Classic Open Perry A. Margouleff — Glen Cove, NY 1964 Shelby Cobra 289 Roadster Chris & Tammy Marsico — Englewood, CO 1958 Ferrari 250 GT LWB Scaglietti Spyder California Bruce & Jolene McCaw — Bellevue, WA 1952 Mercedes-Benz W194 coupe & 1908 Benz Prince Heinrich Two Seat Race Car Special Award The Tony Hulman Trophy Peter & Kacey McCoy — Beverly Hills, CA 1958 Ferrari 250 GT LWB Scaglietti Berlinetta 2nd Place in Class M-2 Ferrari Competition Dana & Patti Mecum — Walworth, WI 1952 Allard J2 Roadster 3rd Place in Class O-1 Postwar Sports Open Bruce Meyer — Beverly Hills, CA 1962 Shelby Cobra 289—first production roadster Special Award Briggs Cunningham Trophy Shelby Myers — Culver City, CA 1939 BMW R51RS motorcycle Robert Pass — St. Louis, MO 1925 Isotta Fraschini Tipo 8A S Corsica Boattail Speedster The Patterson Collection — Louisville, KY 1937 Talbot-Lago T150C Figoni & Falaschi Cabriolet Petersen Automotive Museum — Los Angeles, CA 1952 Ferrari 212/225 Inter Touring Barchetta Tom Price — Larkspur, CA 1957 Maserati 200Si Sports Racer Mitchell Rasansky — Dallas, TX 1933 Alfa Romeo 6C 1750 Zagato Spider The Revs Institute for Automotive Research at The Collier Collection — Naples, FL 1914 Mercedes Grand Prix Race Car 2nd Place in Class V Open Wheel Race Cars, Special Award The Phil Hill Cup John W. Rich Jr. 1939 — Auburn, PA Delage D80-120 Saoutchik Cabriolet Special Award Elegance In Motion Trophy Ken & Dayle Roath — Newport Beach, CA 1952 Ferrari 212 Inter Pininfarina Cabriolet 3rd Place in Class M-1 Ferrari Grand Touring Jerry F. Rosenstock — Encino, CA 1956 Ace Bristol roadster 3rd Place in Class N-1 AC William B. Ruger Jr. — Newport, NH 1937 Rolls-Royce Phantom III Thrupp & Maberly Drophead Roy Sayles — Jamul, CA 1929 Bianchi S8 Graber Cabriolet 3rd Place in Class J-2 European Classic: Grand Touring Ray Scherr — Westlake Villiage, CA 1913 Mercer Model 35 J Raceabout 1st Place in Class D Mercer Don M. Sears —Tiburon, CA 1941 Packard 1907 Custom Eight One-Eighty LeBaron Sport Brougham Drew & Janet Serb — Briones, CA 1964 Shelby Cobra 289 Dragonsnake Patti & Jim Shacklett — Lafayette Hill, PA 1932 Lincoln KB Dietrich Coupe 2nd Place in Class C-2 American Classic Closed, Special Award The Lincoln Trophy Jon & Mary Shirley — Medina, WA 1954 Ferrari 500 Mondial Pininfarina coupe 1st place in Class L-2 Postwar Preservation, Special Award Gran Turismo Trophy Orin & Stephanie Smith — Vero Beach, FL 1936 Lancia Astura Pininfarina convertible Larry & Jane Solomon — Woodside, CA 1959 Lancia Flaminia Zagato coupe 3rd Place in Class O-2 Postwar Sports Closed Charles & Amy Spielman — La Jolla, CA 1934 Packard 1107 Twelve coupe roadster 3rd Place in Class C-3 Packard Open William H. & Cheryl K. Swanson — Boston, MA 1964 Shelby Cobra 289 Street roadster 3rd Place in Class N-2 AC Cobra David & Ginny Sydorick — Beverly Hills, CA 1956 Maserati A6G 2000 Zagato coupe 1st Place in Class O-2 Postwar Sports Closed Thomas & Rhonda Taffet — Chatsworth, CA 1939 Mercedes-Benz 540K Special Roadster 2nd Place in Class I Mercedes-Benz Jack E. Thomas — St. Louis, MO 1969 Ferrari 356 GTB/4 Pininfarina Coupe Speciale William H. Tilley — Alhambra, CA 1954 Ferrari 500 Mondial Farina Spyder William & Helen Vaccaro — Bedminster, NJ 1930 Packard 734 Speedster Runabout 2nd Place in Class C-3 Packard Open Myron Vernis — Akron, OH 1935 Hoffman X-8 Sedan Rob & Melani Walton — Scottsdale, AZ 1964 Shelby Cobra 289 Daytona coupe & 1956 Fiat 8V Zagato Berlinetta coupe Billy Weaver — Greenville, SC 1964 Shelby Cobra 289 roadster Jim & Stacey Weddle — St. Louis, MO 1960 AC Ace Roadster & 1950 Eddie “Rochester” Anderson Emil Diedt Roadster 2nd Place in Class N-1 AC Phil White — Atherton, CA 1967 Ferrari 275 GTB/4 Pininfarina coupe Bob, Pat & Chris White — Scottsdale, AZ 1937 Cord 812 SC convertible phaeton sedan Roger Willbanks — Denver, CO 1956 Ferrari 410 Sport Scaglietti Spyder Donald & Janet Williams — Danville, CA 1937 Rolls-Royce Phantom III Vesters & Neirinck coupe Don Williams — Danville, CA 1949 Delahaye 175 Saoutchik Coupe de Ville Greg & Renee Wood —Henderson, NV 1933 Rolls-Royce Phantom II Hibbard & Darrin Transformable Harry Yeaggy — Cincinnati, OH 1965 Shelby Cobra 427 prototype competition roadster 2nd place in Class N-2 AC Cobra

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MONTEREY RECAP THE QUAIL A Decade of Doing It Right It is interesting to note that The Quail has avoided the natural tendency toward expansion and growth by Donald Osborne “It boils down to the rhythm or cadence of the event,” Chip Connor said. “It is a fabulously relaxed, intentionally contained, qualitative experience that by both design and circumstance is not trying to grow into anything other than what it is. It’s different and wonderfully complementary to all the other events held on the Monterey Peninsula that week.” The special feature this year was the cars of Iso. While the day didn’t include the Isetta, the evolution of the GT, sports and luxury cars of Iso was plain to see in the 27 Rivolta GTs, Grifos, Lele, Fidia and Bizzarrini models arrayed on the lawn. Piero Rivolta was in attendance for the gathering as well, and shared his thoughts and memories of his father, Renzo Rivolta, the cars and the company in a podium interview. Also featured were Pre-War Alfa Romeos, and this class included that 2003 Best of Show 8C 2900B winning car, still owned and entered by Chip Connor. “I knew the first Quail would be good. I didn’t antici- Pre-war Alfa Romeos remain a popular fixture at The Quail 2 012 marked the 10th-anniversary edition of The Quail, a Motorsports Gathering at the Quail Lodge in Carmel Valley. Monterey Car Week was a rather different place back in 2003. First of all, it was still very much The Monterey Weekend. Tickets to the Pebble Beach Concours were $100, Don Williams’ The Blackhawk Collection Exposition reigned on the Peter Hay Golf Course and it was the third year of the Russo and Steele auction, on Saturday night in Monterey — with free insurance on purchases. RM Auctions held forth on Friday and Saturday night at the Portola Plaza, Bonhams set up shop in Carmel Valley on Friday and Christie’s ended the weekend on Sunday night at the Pebble Beach Equestrian Center. In between, the Monterey Historic Races at Laguna Seca offered high-speed diversion with Saturday and Sunday sessions. Concorso Italiano, a fixture at The Quail Lodge for 12 years, had decamped to the north, its new location the Black Horse Golf Course in Seaside. On August 15, 2003, the green at the Quail Lodge Golf Club featured this new event with six classes, which consisted of pre-war sports and racing cars, post-war racing and post-war sports, motorcycles, Le Mans cars and a tribute to the Historic Races. It also boasted no spectator shuttles, complimentary food and drinks all day, white cloth-draped tables and iron park benches throughout the site. From the start, The Quail was an event apart from what had come before. As if the ghosts of Italian cars past took charge on the awards ramp, the Best of Show at that inaugural fixture was the magnificent 1937 Alfa Romeo 8C 2900B Touring Berlinetta owned by SCMer William E. (Chip) Connor II. Connor has exhibited in each one of the subsequent shows. Interestingly, in a time when commemorations seem to proliferate, the team running The Quail chose not to call attention to the 10th anniversary in any notable way. Why? Gordon McCall, one of the founders and chief organizers of the event, said, “We’re not doing anything different than we’ve done for the past 10 years — just working hard to incorporate the small tweaks we’ve been advised to make by our participants and guests — those things that make the event truer to its vision: small and well-balanced, a combination of discovery and experience.” It is interesting to note that The Quail Plan ahead: August 16, 2013 Where: Quail Lodge, Carmel, CA Cost: $400 (reserve as soon as possible, as this event sells out each year) More: www.quaillodgeevents.com 68 has avoided the natural tendency toward expansion and growth. It remains in the same footprint as a decade ago, with the same number of tickets sold, no VIP roped-off areas — and a walk across the road from parking. pate winning.” Connor said. “I remember the event more for the absence of clutter, my ability to converse with people I wanted to talk to, and spending time simply looking at cars.” In a time when the interest of younger people in the collector vehicle community is often questioned — especially at the higher-end events — it was heartening to see the number of spectators at The Quail who appeared to be in their 30s and 40s. A good number of them were also international visitors as well. When I spoke with the younger members of the crowd, a recurring theme of appeal to them was the variety of cars — vintage, concept and new — along with motorcycles. In addition, the feeling of being part of the event — rather than interlopers looking in — helped them feel more at home at The Quail than at some other venues. For the entrants, the peer judging remains a popular feature, and this year’s Best of Show was an interesting choice. SCMer Bob Lee’s lovely 1930 Bentley 4½ Litre raced past stiff competition from the Pre-War Alfa Romeo class to claim the honor. It is clear to see that with the dedication, attention to detail and focus of the management team, supported by the Signature Events staff of the Peninsula Group, The Quail seems well positioned to continue doing “more of the same, but better” for the next 10 years and beyond. ♦ 1964 Iso Rivolta GT, one of 27 Isos on display Sports Car Market Photos by David Tomaro

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SCMers at The Quail James A. Barron—CA 1964 Ford Galaxie 500 XL convertible Blackhawk Collection—CA 1963 Iso Griffo A3/L John Breslow—AZ 1951 Pegaso 2102 Kim Bruno—Florida 1961 Ferrari 250 PF Cabriolet Series II Alan Chalk—CA 1966 Bultaco Metralla Michael Cobler—CA 2011 Morgan Aero Super Shot Bob Cohen—CA 1965 Ferrari Superfast Bob & Ellen Cole—CA 1939 Alfa Romeo 6C 2500 coupe William E. Connor II—Hong Kong 1938 Alfa Romeo 8C 2900B Touring Spyder Donnie Crevier—CA 1911 Hudson Speedster & 1960 Porsche 356 roadster Bob Cuevas—CA 1990 Lamborghini LM 002-A Joesph Demeo—CA 1986 Porsche 930 Turbo David S. Dossetter—CA 1965 Jaguar XKE roadster David Eichenbaum—FL 1958 FIAT-Abarth 750 GT Bill & Linda Feldhorn—CA 1973 Ferrari Dino 246 GTS Chip Fudge—OK 1968 Bizzarrini 5300 GT American Robert Funari—CA 2012 McLaren MP4-12C Dennis Glavis—CA 2012 Morgan 3-Wheeler James Glickenhaus—NY 1947 Ferrari 159S 002C Andy Gordon—CA 1961 Ferrari 250 GT Pininfarina Cabriolet Series II Robert E. Griffin—CA 1955 Austin Healey 100S Michael Gulett & Rebecca Fuller—CA 1968 Iso Grifo & 1968 Bizzarrini GT 5300 Strada Michael Hart—CA 1974 Iso Grifo Joe & Gayle Hensler—CA 1966 Iso Rivolta Coupe Ted & Jan Hirth—CA 1964 Iso Rivolta GT Roger Hoffman—CA 1955 OSCA MT-4 2 AD Robert Jacobs—CA 2012 Lamborghini Aventador The Hon. Sir Michael Kadoorie— Hong Kong, China 1929 Alfa Romeo 1750SS Zagato Thomas Knudsen—CA 1968 Honda S 800 Cabriolet Michael & Barbara Malamut—CA 1959 Berkeley SE328 Roadster Mitch McCullough—NJ 1962 Lotus 23B Keith Milne—CA 1957 AC Ace Bristol David & Melissa Mohlman—CA 1972 DeTomaso Pantera & 1967 Ferrari 330 GTC Philip J. Monego Sr.—CA 1960 Jaguar XK 150 FHC Bowman Motors—CA 1934 Crocker Speedway & 1934 Harley-Davidson CAC Jamie & Cecilia Muldoon—TX 1937 Jaguar SS100 Peter & Merle Mullin—CA 1939 Bugatti Type 64 Don & Carol Murray—CA 1968 Iso Grifo 7 Liter Michael A. Odierna—CT 1960 Aston Martin Saloon DB4/304R Larry Oka—CA 1962 Jaguar E-type James L. Page—FL 1966 Ferrari 275 GTB/6C Buddy & Arline Pepp—CA 1974 Iso Grifo Curt Pindler—CA 1952 Allard J2X Richard Plavetich—CA 1965 Matra Bonnet D-jet VS Brian & Randy Pollock—WA 1938 Morgan Super Sports Barrel Back Ronny Proler—TX 1965 Shelby Cobra 289 Ron Rezek—OR 1937 Lagonda LG45R Chris Roman—CA 1962 Porsche 356B T6 roadster Joe Sackey—CA 1976 Porsche 930 Turbo Carrera Tom Saughnessy—CA 1965 Ford GT40 William Scheffler—CA 1995 Lotus Esprit S4s Leo Schigiel—FL 1958 Mercedes-Benz 300SL roadster Jonathan Segal—CA 1956 Maserati A6G 2000 Colin Seid—CA 1959 Mercedes-Benz 300SL roadster Everett Singer—CA 1962 Porsche 356B Super 90 Richard Slevin—CA 1954 Arnolt Bristol Bolide Ron Spindler—CA 1967 Bizzarrini 5300 Strada Robert Strand—CA 1965 Porsche 356C Coupe David Sydorick—CA 1961 Aston Martin DB4GT Jack E. Thomas—MO 1963 Ferrari 400 Superamerica Paul Turek M.D.—CA 1967 Iso Rivolta GT 300 Jim Utaski—NJ 1955 Siata 208S Spyder Brock Vandervliet—CA 1967 Iso Grifo 7 Liter Vincent Vento—FL 1953 Allard K3 Gary Wales—CA 1937 Rolls Royce 25/30s Dave Wathen—MI 1964 Shelby Cobra 289 Charles Wegner—IL 1965 Shelby Cobra 289 Doug Weitman—CA 1964 Shelby Cobra 289 Philip White—CA 1966 Iso Daytona Targa Phil White—CA 1969 Iso Grifo Targa Series II Scott R. Whitman—CA 2009 Spyker C8 laviolteet LM85 Willow Automotive Services Inc.—IL 1977 Maserati Bora J. Robert Wilson—CO 1963 Shelby Daytona Coupe Greg Young—CA 1958 Porsche Carrera GT Speedster Ira Zalesin—CA 1968 Fiat 2300S coupe SCMers at Concorso Italiano, continued from p. 63 Paul & Kay Schwartz—Orinda, CA 1963 Ferrari 250GT/L Lusso James Scott—Fresno, CA 1975 Ferrari 308 GT4 Dino Richard Shehadey—Fresno, CA 2008 Dodge Viper Jim Silva—San Leandro, CA 1954 Arnolt MG Randy Simon—Beverely Hills, CA 1973 Ferrari 246 GTS Jim Smith—Carmichael, CA 1974 Alfa Romeo GTV Michael Smith—West Sacramento, CA 1999 Ferrari F355 Steven Smith—Santa Clara, CA 1959 Alfa Romeo Giulietta Sprint, 1986 Alfa Romeo Graduate, 2006 Porsche 997 C4S Cabriolet November 2012 Wally Stevens—San Diego, CA 2008 Chevrolet Z06 Corvette David Swig—San Rafael, CA 1963 Fiat Jagst Kenneth & Marie Thomas—Lakewood, CA 1961 Ferrari 250 GTE 2+2 Tom Thornhill—San Rafael, CA 1955 Lancia Aurelia B20S GT Kelvin Tse—Granite Bay, CA 1986 De Rosa slx, 1984 Pinarello Cross Ross Vance—Los Angeles, CA 2011 Ferrari California 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 Jan E. and Meredith Voboril—Topanga, CA 1928 Fiat 520 Torpedo Bruce & Juana Wagner—Salinas, CA 1980 Maserati Merak SS Bruce & Peggy Wanta—Bellevue, WA 1967 Ghia 450SS, 1988 Fiat X 1/9 Bertone Steven Watson—San Francisco, CA 1959 Porsche 356A Mark Weatherup—San Diego, CA 1962 Porsche 356B Cabriolet Lars Wikblad—Los Angeles, CA 1973 Porsche 911T Douglas Williams—Woodland, CA 1993 Alfa Romeo 164L Shawn Williams—Los Angeles, CA 1974 Ferrari 246 GTS Jeff Wilson—San Francisco, CA 1993 Cadillac Allanté Steve Wilson—Solana Beach, CA 1972 DeTomaso Pantera, 1966 Ferrari 330GT 2+2 Kenneth Wise—Danville, CA 1978 Alfa Romeo Spider John K. Wright—New Smyrna Beach, FL 1965 Alfa Romeo Giulia Sprint GTA Bob Yeager—Oakland, CA 1964 Alfa Romeo 2600 Spider Cory G. Youngberg—Newport Beach, CA 1959 Lancia Appia Leslie Yuen—San Francisco, CA 1989 Ferrari 328 GTB Demetri N. Zafiris—Tarzana, CA 1999 Ferrari 355 F1 69

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MONTEREY RECAP ROLEX MONTEREY MOTORSPORTS REUNION Hour of Power A brief taste of Laguna Seca is akin to a religious experience by David Tomaro with drivers. It was a great place to observe some of the quiet details of racing while still being mere feet from the action. Suited and helmeted, many drivers sat silently in their cars, doors propped, doubtless contemplating the thrills — and dangers — to come. The cars were aligned in a matter of minutes, part of the well-tuned machinery that is a working racetrack. Before long, a man with a countdown placard at the end of the row signaled that break time was over, and the cars revved up and headed into launch lanes before firing off down the track. Within minutes, the first cars had completed a circuit and were roaring past. The venue was hot and noisy, A Shelby Cobra encounters trouble in a turn I might have missed the stars of the show, but that doesn’t mean the performance wasn’t breathtaking. When your first view of a professional racetrack is the storied Mazda Raceway Laguna Seca, and the first vehicles you witness on said track are vintage Shelbys, what could be a better introduction to the world of racing? I arrived at the track just as the Shelby Cobras were completing their run during the Rolex Monterey Motorsports Reunion. I was relieving Auctions Editor Tony Piff of camera duties that afternoon. As Tony passed me his bright orange photographer’s vest, he asked if I could take some shots in the paddock, where they stage the cars for racing. I was happy to oblige, but in truth, I was thinking, “Wow, photos of race cars sitting still. That will be boring.” But I resolved to make the best of it — perhaps get some quick shots of car preparations — then head out to where the real action was. I couldn’t have been more wrong. The paddock, as it turns out, offered the best of both worlds. I had only a little more than an hour of shooting time, so I scurried over there, the angry-hornet wail of race cars just out of view echoing in my ears all the way. The paddock was a hub of casual-but-determined activity, as crews pushed cars into place and conferred 70 two conditions of which I’m not fond, yet I was all grins as I took up a shooting position on a lowslung wall along the track. I could not believe my good fortune, leaning over from 30 feet away as Porsche and Jaguar racers blew past, punching me back with their air displacement. One unfortunate spinout and I would be toast, and I loved every minute of it. When the next group of historical race cars lined up, I was like a toddler yelling “again!” and ready for another go. I was lost in photographic reverie when my cell phone went off, a literal buzz-kill. The SCM crew was packing up the booth, and I’d better hightail it back if I wanted a ride home. One hour at Laguna Seca. I’d missed the star performers and couldn’t stay for the end of the show, but I was dazzled nonetheless, and I’m eager for an encore. ♦ Launching onto the track Sports Car Market Tony Piff David Tomaro

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MONTEREY RECAP CUMBERFORD’S PICKS Dreams and Nightmares in Monterey Why let reality intrude into a lush automotive fantasy? by Robert Cumberford The C-type, as it was later known, is a classical sports car that could be used as a road, race and/or rally vehicle. Perhaps you had to be a native Brit to be willing to drive in the rain without the least vestige of a top, but a native Southern Californian, as I was when it first appeared and I first desired it, could use a C-type 11 months of the year without concern. In memory, it cost about $5,860 when 1959 Maserati Tipo 61 “Birdcage” S CM Publisher Keith Martin asked me to select a half dozen cars I really, really liked from those offered at auction during the Pebble Beach car week, and to name two I didn’t like at all. I did so based on two assumptions: one, that I would only consider cars that I could expect to drive on a regular basis; and, two, that money was no object, so in my imagination I could stand head-to-head with any other acquisitive collector and expect to prevail at hammer time. There were excellent cars everywhere, but in the end I chose my “purchases” at the Gooding & Company tent: 1959 Maserati Tipo 61 Some of you will wonder how I could put the 1959 Maserati Tipo 61 “Birdcage” racing car first on my list. The answer lies in the fact that I well remember photographer Irv Dolin’s Car and Driver story of accompanying an owner of a then-almost-worthless Birdcage on a drive from New York to Florida. When I say worthless, I’m remembering a classified ad in Car and Driver for a Birdcage with a couple of spare engines and gearboxes — asking price for the lot: $800. And I also remember one of the 16 ever made — perhaps the same one Dolin rode in — being used for years on the street in the Sunshine State back when there was no other possible use for a no-longer-frontline racing car. Vintage racing has changed all that, and the Gooding car brought 4,400 times the 1960s second-hand price — and 326 times its cost new. I’ve always loved the compact form, the intricate and elegant structure, and the fact that the car is so tiny and light that it could win races against the best that Ferrari could muster. And be driven on the street, of course. 1953 Jaguar C-type Being driveable on the street is an attribute shared by my other racer, the 1953 Jaguar XK C, a car that could, and did, win at Le Mans after having been driven to the Sarthe by factory mechanics — and back again, if not crashed or blown up. 74 1953 Jaguar C-type Sports Car Market new (£1,500 plus purchase tax in Great Britain), which was Cadillac pricing for an austere roadster, so only 53 were made during its two-year production run. I imagine that even more replicas have been made since, as the beauty and overall usefulness of the car remains after half a century. I’d actually prefer a left-hand-drive replica to this precious original, at $3,725,000 the most expensive unit on my fantasy list. 1955 Maserati A6G/2000 Not really a racing car, but not far removed with a glorious competi- tion pedigree, is the 1955 Maserati A6G/2000 Berlinetta by Pietro Frua. It has a lovely shape, handy size, superb 6-cylinder engine and an agile chassis. A6Gs were made with cigar-style narrow bodies and cycle fenders, as barchetta sports-racers, and there were relatively few true GT models like this one. Obviously, performance was reduced by the heavier body, but the driver is always aware of the underlying sportiness and can enjoy the characteristic sound of a Maserati six any time he put his foot down. Here’s a car ideal for crossing the Alps at speed, attending the opera at La Scala, or just tootling around on a Sunday morning, which is what I could see myself doing with pleasure, week after week. I’ve had issues with Frua, who calmly ripped off one of my designs — entered in the Swiss Année Automobile design contest in 1962 — for the last-ever Maserati inline six road car, but this earlier car is a pure expression of the man himself, said to have been the complete coachbuilder: designer, draftsman, model-maker, panel beater, painter… and an Italian icon. (See profile on p. 40.) 1952 Hudson Hornet A man needs a four-door sedan in his working fleet. The 1952 Hudson Hornet is one of the greatest post-war American cars, one with Mathieu Heurtault, courtesy of Gooding & Company Brian Henniker, Gooding & Co.

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a true racing heritage, an insolently different shape based on sound technical reasoning — and from a company with a historical commitment to high performance. The provenance of this example, originally owned by Brooke Stevens, was irresist- ibly attractive to a fellow designer. Given its exceptional condition and low mileage — 500 miles per year of its existence — one is obliged to forgive the repaint in the two-tone pastel original colors, although I always preferred these cars in black. A curiosity is that when the Environmental Protection Agency was formed, the L-head Hudson was one of only two extant (but out of production) cars that met the “impossible” clean-air demands of the new government agency. (The other was the equally outside-the-norm Citroën ID 19). Safe, solid, fast and reliable, the Hornet is the much-regretted American equivalent of what BMWs are today — practical cars that have just that little bit more panache than their contemporaries. That the sale price was two and a half times the high estimate speaks to the quality of this desirable sedan. 1963 Lotus Elite Series II Both the Toyota 2000 GT and the Lamborghini Countach LP 400 “Periscopica” intrigued me, but my torso is too long to fit either, so for a far more comfortable and more modest exotic, my choice was the 1963 Lotus Elite Series II. That it was a full monocoque body-chassis structure in fiber-reinforced composites decades before today’s carbon fiber tubs in McLaren, Lamborghini, Porsche and Pagani supercars is measure enough of its exoticism. Add to that its grace and elegance of line, its blend of ultra modernity (the structure) and ancient technologies (the tension-spoke wire wheels) and its amazing performance from a 1,216-cc engine and extremely low weight, and it’s plain to see why this could easily become a satisfying daily driver. At least, it would be so long as one did not live in a city. The car is really too small to be safe in heavy traffic, where chattering and texting SUV drivers abound. But in the countryside, where I keep an even tinier Honda Beat, this car would be the perfect alternative for rainy days. Take into account its surprisingly low acquisition cost of $93,500, and one has to think of this as a real bargain. 1956 Lancia Aurelia B24S The last car on my list is recognized as a true classic by enthusiasts of many dis- positions. Product of a company that was always technically in advance of its contemporaries, the 1956 Lancia Aurelia B24S convertible may have been in neglected and scruffy condition after decades of storage, but its intrinsic value was instantly apparent to everyone. Pioneer racer and constructor Vincenzo Lancia’s spirit — daring and innovative — was still alive when the Aurelia platform was conceived in the late 1940s. The work of legendary engineer Vittorio Jano, with the first-ever production V6 engine and transaxle gearbox at the rear, the 1950 B10 sedan was a sensation. The following B20 GT coupe using the same mechanical package with displacement increased to 2 liters was an instant classic, a true GT that was also capable of such feats as finishing 1-2-3 in the Targa Florio or 2nd in the Mille Miglia. This Pininfarina convertible was not nearly as suited to competition, but it was as delightful to drive, and a whole lot better for promenades along a seafront, whether the Med, the Pacific, or the Atlantic. This is the car I’d want for the California Mille. Two Monterey nightmares As to cars I disliked — no, make that despised — there were two. Neither was offered in an auction, although one lurked as near as it could get to the Gooding venue, while the other cast the pall of its grotesque ugliness at the edge of Concorso Italiano. Both shared the same despicable pretension: trying to improve upon the brilliant magnesium-skinned Bugatti Aérolithe coupe of 1934 — the Jean Bugatti concept car that engendered the three authentic Type 57 Atlantic coupes produced at Molsheim in the late 1930s. (Many replicas, some quite convincing, have been built on real Bugatti Type 57 chassis.) One of the horrors carried the marque Delahaye, but it clearly is in no way related to the revered grand routiers of the original French firm — nor to the 1938 Le Mans winner. Produced by happy hot-rodder Terry Cook of Scrape fame, the Delahaye Pacific is an ill-proportioned plastic pastiche of Atlantic cues with such odd anachronisms as a curved windshield. Powered by a V12 engine, it is no doubt fast, but it totally misses its stated purpose as an homage to Jean Bugatti. I revere the younger Bugatti’s best styling work, which includes the gorgeous Type 55 roadster conceived to use up bits and pieces of unsuccessful Bugatti models, the Type 46 with its radically reclined windshield and the envelope-body Le Mans winning cars of 1937 (57G) and 1939 (57C), but I cannot see November 2012 1956 Lancia Aurelia B24S the point of trying to recapitulate 75-year-old designs. The other Bugatti Atlantic-inspired monster was so bad that I refused to get close enough to it to discover what it was called. While Cook’s “Delahaye” showed a certain undeniable automotive competence, this blue blob, a proportionally clumsy agglomeration of distorted surfaces, bad fits and bad lines, was simply a disgrace to the whole idea of custom cars. Boys, leave poor Jean Bugatti, dead these 73 years, alone. You’ll never be able to channel his talent, and ought not try. ♦ 75 1963 Lotus Elite Series II 1955 Maserati A6G/2000 1952 Hudson Hornet Mike Maez, Gooding & Company Michael Harrington, Gooding & Company Derek Gardner, Gooding & Company Mathieu Heurtault, Gooding & Company

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MONTEREY RECAP BMW MODEL LAUNCH Jumping into the Deep End at Laguna Seca The veteran journalists strapped into 2013 M5s and M6s and started chasing one another down the straightaway by Alex Martin-Banzer BMWs at Mazda Raceway Laguna Seca — the deep end looks pretty inviting I ’ve heard that the best way to learn something is to jump into the deep end — where you will sink or swim. My writing — and driving — deep end happened just after Monterey Car Week ended. I was a passenger in a 2013 BMW M6 through the Corkscrew at Mazda Raceway Laguna Seca, and I found myself asking my instructor if I really had to keep my eyes open at the top of the turn. Then it was my turn behind the wheel. The combination of driving my first laps around an iconic, complicated race track amid a very professional crew of BMW people and fellow car journalists had my head spinning faster than the car’s wheels. At that moment, I was sure I was going to sink. Earlier that day, the shuttle bus full of big-time, big-name automotive journalists drove into the pits of Laguna Seca. A tumbleweed might as well have drifted across the pavement to show how much of a ghost town it had become just one day after the Rolex Monterey Motorsports Reunion ended. After an introduction — where we learned that the new 2013 BMWs could do pretty much everything besides drive themselves — everyone headed out to the track. That’s when the veteran journalists, strapped into 2013 M5s and M6s, started chasing one another down the straightaway. I was a little overwhelmed — these cars had more power than my 1995 318i could ever imagine — so I moseyed around the parked BMWs that were available for a city test drive. It was love at first sight with a stark white M6 coupe that had a deep red interior. Next thing I knew, I was out on the road in the bad-boy M6. Once 15 minutes had passed, the car and I finally adjusted to each other to the point where “I could drive this car every day” comfort set in. What stood out to me driving this camouflaged power machine was the ease of city driving. There is absolutely no doubt that the new BMWs could handle any street driving I would throw at them. So I headed back to the track to let the car off its city leash. It took a couple of hot laps to get back into track mode, but after that I was danger- 76 Love at first sight — BMW M6 coupe Sports Car Market ous. I played between the souped-up M6 and M5 cars. Toward the end of the testing day, I found myself in a manual 6-speed M5. As soon as I downshifted for the first turn, I realized that after driving all day with paddle shifters, my driving was a little messy. The manual almost felt like it was punishing me for concentrating on shifting — and on the apexes of the track. I walked away at the end of the day with a new appreciation for paddle shifters. Driving hot BMWs — on the same track on which dozens of Shelby Cobras melted rubber less than 24 hours before — is something I will always remember. I worried that I was going to sink behind the wheel, but in the end, I swam through those gears — and right around Laguna Seca. ♦ Photos courtesy of BMW

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MONTEREY RECAP ASTON MARTIN RECEPTION Aston Martin and SCM Sipping champagne and examining the luxury automaker’s latest offerings makes for a perfect Thursday afternoon by Keith Martin Aston Martin partygoers and the newly unveiled V12 Vanquish A ston has been on a roll. While their vintage cars continue to set record prices at auctions, their contemporary offerings go from strength to strength. In 1994, when the DB7 was announced, it marked a return for Aston to the performance and style that had been made famous by the DB4, 5 and 6. Since then, a succession of new models has pushed the envelope of style and luxurious, high-performance motoring. SCM partnered with Aston for a reception Thursday afternoon of Monterey Week; on the hilltop villa were examples of current production Astons as well as the justunveiled V12 Vanquish, with its 565-horsepower 6-liter engine and carbon fiber body. CEO and Chairman of Aston Martin, Dr. Ulrich Bez, described the challenges of his 12-year tenure at the company. Before coming to Aston, Bez was at Porsche and led Vehicle Research and Development, and directed the design and development of the 911 Turbo, the Carrera RS 2.7, the 968 and the 993. He noted that a great car must have technical excellence to accompany striking styling, and the Astons on display reflected that. Test drives of current Astons were enjoyed by the SCMers who attended. In keeping with the lifestyle that Aston assumes its owners enjoy, other partners at the event included Timothy Oulton Furniture, Vizio Electronics, Davidoff cigars, Alpha Omega Winery, Jaeger-LeCoultre watches, Lugano Diamonds, Champagne Louis Roederer, Robert Graham clothing and William Grant distillery, which provided a variety of spirits including Hendricks, Stoli Elit and Balvenie Whiskey. Among the 125 friends of SCM who attended were Brad and Ed Tonkin from Portland; Craig Jackson and Phil Neri from Scottsdale, AZ; Richard Powers from 78 Costa Rica; Bruce McCaw from Seattle; James Taylor from Gloversville, NY; Steve Johnson from San Diego; Satch Carlson from La Jolla, CA; Tim Suddard from Holly Hill ,FL; Jim Fiske from Doylestown ,PA; and Ron Fiamis from New York City. Bez was made an Honorary SCMer, and declared the event a great success for Aston Martin and SCM. Stay tuned for more SCMer events like this at concours and car weekends across the country. ♦ Eye candy for the Anglophile Sports Car Market Courtesy of Aston Martin

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MONTEREY RECAP CONCOURS ON THE AVENUE 2012 Carmel-by-the-Sea Concours Once again, this free show offered wonderful cars to thousands of spectators by Donald Osborne A stroll down Winners’ Row, with the “Wonder Bread Special” Indy car at right F or the sixth year, The Carmel-by-the-Sea Concours on the Avenue set up shop on the leaf-canopied streets of the village — the first “official” event of Monterey Car Week. Once again, this show spun its very special magic on the thousands of spec- tators, enchanting and amazing them with a wide range of exceptional vehicles. Are race cars your thing? How about 16 Trans-Am cars, representing most of the teams and marques that competed in that legendary series? And for a bit of added drama, they arrived, exhausts blaring in the morning mist, accompanied by a California Highway Patrol escort from Laguna Seca. That was just part of what this unique event had to offer this year. Carroll Shelby was honored with a display of 13 Cobras showing the progression from 289 to 427. Among the almost 200 car entries could be found the vast variety for which this show has become noted. One street had the 1934 Duesenberg-powered “Wonder Bread Special” Indy Car, on another sat the Fiat transporter that carried Scarabs and Cobras across Europe, and not far away sat the Best in Show 1967 Ferrari 275 GTB/4 NART Spyder of SCMers Larry and Juana Carter. For participants and spectators alike, the relaxed, casual-but-elegant setting of Ocean Avenue and adjacent side streets provided an ambience quite unlike any other during the otherwise hectic and exclusionary week. Free of admission charge, spectators can wander among exceptional examples of sports, GT, racing, customs, family and luxury cars from Europe, the U.K. and America. Many are the kinds of cars that could be invited to the lawn at Pebble Beach — if there was a class for Lloyd 2-cylinder vans or Porsche 356 Continentals. I was once again fortunate to serve as co- Plan ahead: August 13, 2013 Where: Ocean Avenue and surrounding side streets, Carmel-By-The-Sea, CA Cost: Free to spectators More: www.motorclubevents.com 80 emcee alongside Ed Justice Jr. and Michael T. Lynch at the Concours on the Avenue, and it was a pleasure to spend the day chatting with the owners of the vehicles on display and sharing their stories with the spectators. To help support its charity beneficiary, the Carmel Foundation, SCMers Doug and Genie Freedman, along with chief judge Michael Tillson and a host of volunteers, work tirelessly to put on a show that perfectly expresses its theme — “Sophistication with a Dash of Fun.” All this effort has made this the must-do start of the Monterey Week. The Carmel-by-the-Sea Concours on the Avenue also deals with the same challenge facing every event in the super-heated atmosphere of Monterey Car Week — managing crowds. This free event can’t limit the number of entry tickets, as there are none. It doesn’t even advertise. Yet the word of mouth grows stronger. The show has the commitment of the town government, and organizers will have to carefully monitor growth to keep its superb balance. ♦ 1960 Lloyd LT600 owned by SCMer Scott Bosès Sports Car Market Donald Osborne

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MONTEREY RECAP OUT AND ABOUT Iso Grifo, Russo and Steele parking lot Iso Rivolta, Embassy Suites parking lot Porsche 928 H50 concept shooting brake, Porsche display, Pebble Beach Car Spotting on the peninsula Carbon-wrapped Loco Motion Rally Fighter, Embassy Suites A tantalizing glimpse of rare beauties in the wild There’s nothing quite like attending a concours or auction and see- ing the a selection of the world’s most important cars all in one place, perfectly prepped and dramatically staged. But it’s another thing entirely to glimpse a rarely seen classic in the wild. Our highlights from the Peninsula’s parking lots and public roads range from world-class concours contenders to world-class fright pigs — but none of them is a trailer queen. — Tony Piff The license plate read “COBRA,” Embassy Suites 1949 Lincoln coupe, 1950 Carrera Panamerica veteran, downtown Monterey Ford GT, no-parking zone, downtown Monterey Ford F-series pickup, Gulf livery, Pebble Beach Tour d’Elegance 1964 Chevrolet 327/325 Fuelie 82 Gullwing, Laguna Seca gravel lot Alfa Romeo Giulia Super, Mecum parking lot Sports Car Market

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“Lotus Seven” of some variety, Laguna Seca parking lot Lotus Elite shooting brake, Laguna Seca parking lot Joe Petralia’s 1972 Fiat Abarth clone, Mecum parking lot Lotus Cortina, Jack in the Box Datsun L320 pickup, Concorso Italiano parking lot 1954 Austin-Healey 100S, 7-Eleven Fiat 124 Sport, Laguna Seca Reliant Robin, Laguna Seca 1936 Lancia Astura Pininfarina convertible, Pebble Beach gas station TC and 356, Embassy Suites 1964 Chevrolet Chevelle SS Malibu gasser, downtown Monterey Lancia Fulvia Sport S3 coupe, Laguna Seca Shelby GT350, downtown Monterey November 2012 McLaren F1, downtown Monterey Chrysler LeBaron T&C convertible, Mecum parking lot 83

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MONTEREY RECAP INSIDER THOUGHTS SCM’s Highs, Lows and Loves “Move that piece of ****!” he shouted at the driver of a car that easily was worth over a million dollars. “I’m overheating! This is ridiculous!” 1968 Bizzarrini Manta — Dave loves it, and hates it SCM staffers and associates weigh in on the good, the bad and the ugly of what they witnessed during Monterey Car Week: David Tomaro SCM Art Director Car I lusted for: I wouldn’t say “lusted,” exactly, but I was utterly fascinated by the 1968 Bizzarrini Manta at Gooding & Company. I didn’t even like the color, but the car was just so strange and unique that I found myself drawn to it whenever I was in the room. Car I’d kick to the curb: Oddly, that same 1968 Bizzarrini Manta. Like I said, I can’t stand the aquamarine color, and the machine is such an intriguing-yet-almostrepellent freak show (with three front seats!) that I wouldn’t know what to do with it. I’m not sure love/hate is the ideal emotional reaction to a collector car. High point: Grinning from ear to assaulted ear as Jaguar and Porsche race cars screamed past me at Laguna Seca. You can’t beat one of the most famous raceways in the world for your first venture to a track. Next stop, Nürburgring! Low point: Strange as it may seem, I might say it was when I had to struggle for breath at setup for the Pebble Beach Concours d’Elegance — and not because the vehicles on display were so breathtaking. Sitting in a cloud 84 of choking exhaust fumes from a bevy of bygone eras was a surreal counterpoint to the visual beauty all around. Overheard: Most of it can’t be repeated, but I rather enjoyed the epithet-laden tirade that a man in a straw hat and driving a Full Classic directed at the expensive Ferrari in front of him in a classic-car traffic jam. “Move that piece of ****!” he shouted at the driver of a car that easily was worth over a million dollars. “I’m overheating! This is ridiculous!” Apparently, gritty reality intrudes even on the most elegant collector car week on the planet now and again. Jim Pickering SCM Managing Editor Car I lusted for: Clark Gable’s 1935 Duesenberg Model JN Convertible Coupe at Gooding. It had a lot of style and excellent history, which is a great mix. Car I’d kick to the curb: The 1971 Chevrolet Monte Carlo at Russo and Steele. Not a bad car — I actually love GM intermediates from this generation. But this one’s 20-inch wheels and excessively Monte-Carlo branded SS-style hood stripes were too much. High point: The dragster cacklefest at the Rolex Monterey Motorsports Reunion. On Friday, it took place at the same time the vintage Star bright — Clark Gable’s 1935 Duesenberg Model JN convertible Sports Car Market Trans Am cars were on the track. It was hard to tell which was louder. Low point: Spending most of my time in SCM booths, rather than watching the auctions, races and automotive overkill that makes up Monterey Car Week. Overheard: “There’s just so much beige...” — Auction Editor Tony Piff, commenting on the predominant color choice of homeowners on 17 Mile Drive. Tony Piff SCM Auctions Editor Car I lusted for: The 1929 Alfa Romeo 6C 1750 Super Sport Zagato Spider, which won the Mille Miglia outright in 1929 with Campari and Ramponi, and was a Preservation Class prizewinner at Pebble. Now part of a U.K. collection, the car is managed by SCMer James Haithwaite from Jersey, U.K. One attendee in horn-rimmed spectacles and tweed cap described it as “just bitchin’ as s**t.” Car I’d kick to the curb: The Team Salamone chrome and orange Aventador. Subtle touches included “69” emblazoned on the scissor-door panels and “WINNING” license plate. High point: Sipping a complimenMathieu Heurtault ©2012 Courtesy of Gooding & Company Jim Pickering

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2013 Koenigsegg Agera R — created by Chad’s hero tary Chubb espresso at Gooding while a 1936 Mercedes-Benz 540K sold for $11.8m. Low point: Recognizing the Concorso participant who drove his Lambo into a sand trap last year. I assumed he’d have a sense of humor about it by now, but mentioning it didn’t make me his best friend, I could tell. Overheard: “You can’t park here!” a Subway sandwich artisan in downtown Monterey shouted to the driver of a Ford GT pulling up to the curb. The driver’s response: “I don’t care!” Chad Tyson SCM Associate Editor Car I lusted for: 2013 Koenigsegg Agera R seen at The Quail. Classic car was the 1972 Lamborghini Miura P400 SV at Gooding & Company. High point: Meeting my automotive hero, Christian von Koenigsegg, at The Quail. He’s the founder and CEO of Swedish super-car manufacturer Koenigsegg Automotive AB. Low point: Bringing an air mattress to sleep on the floor of our rented house, only to find out the air pump was broken. Overheard: “I like that car, whatever it is,” said Erin Olson, SCM Advertising Coordinator. “That’s a Mustang,” replied Tony Piff, SCM auctions editor. Colin Comer SCM Contributing Editor Car I lusted for: The 289 FIA Competition Cobra (CSX2345) on the lawn at Pebble Beach. The only unrestored factory-team Cobra that remains. Need I say more? November 2012 Car I’d kick to the curb: The multihued XK120 replica that was doing laps of downtown Monterey. High point: Clearly, the Cobra 50th celebration! Low point: Having to drop my Cobra off at the polo field on Sunday for its 2,200-mile truck ride home. Biggest surprise: That the sun came out in Monterey. Repeatedly. Insider tip: Restaurant 1883 in Monterey — not yet on the radar for many, neat place, good food, no wait. B. Mitchell Carlson SCM Senior Auction Analyst Car I lusted for: Mecum Lot S92, 1980 BMW M1. Always have, always will. That should date me quite effectively. Car I’d kick to the curb: Russo and Steele, Lot S648, 1964 Fiat 1000 Berlinetta Stanguellini coupe. Don’t care if it was a New York Auto Show display car; It was hit with the Ugly Stick one time too many. Low point: Dealing with parking at Pebble Beach. 1956 Chevrolet Nomad — Chester’s high school love returns High point: Legends of the Autobahn. Great event, great cars, and no swelled-up heads. Biggest surprises: Sale of the 1908 Simplex at Mecum (Lot S101) for $1.9m hammer, and seeing all of the “I never see any of these where I’m from” cars out and about. It was refreshing to see a parking lot for auction spectators full of Nissan Fairladys and Facel Vega Facel IIIs instead of the Chevy Silverados and Ford F-150s I’m used to. Insider tip: Map out your plans ahead of time on how to get from Point A to Point B — regardless of whether you’re using paper, plastic or silicon. NOBODY puts a shingle out on the road to indicate how to get to any of their auctions or events. Best gossip: The ever-popular “Leno’s got someone out here because he’s interested in my car. He’d be out here personally, but he doesn’t want to make a scene.” Yeah, right…. Overheard: After the L&M Porsche 917/10 sold for $5.5M hammer at Mecum: “All that money, and it doesn’t even have shiny tires.” Chester Allen SCM Executive Editor Car I lusted for: The 1956 Chevrolet Nomad that sold for a whopping $82,000 at Mecum. I’ve wanted one of these to carry my longboards since I was a Southern California high-school junior in 1978, and I should have bought one then. This car rang all my bells, except for the color, and, dang, I could learn to live with red and white. Car I’d kick to the curb: The new Fiat 500 cars at Concorso Italiano. I know they’re cute and all, but they’re cramped, and I hate the driving position. I feel like I’m driving the world’s smallest tractor. High points: Walking around Legends of the Autobahn and Concorso Italiano and talking to SCMers about their terrific cars. One friendly woman showed me her autograph from a famous Italian car designer — on her breast. Another great moment was when B.Mitchell Carlson, SCM Senior Auction Analyst, introduced me to the excellent, addictive Pearson’s Salted Nut Roll. Low points: Realizing what I will have to pay for a Chevy Nomad. Searching for Pearson’s Salted Nut Rolls in the San Francisco International Airport before the flight home and striking out. Leaving my credit card in the Crown & Anchor pub. B. Mitchell’s baby — 1980 BMW M1 Overheard: “Lots of customers leave their credit cards here during the auctions,” said the Crown & Anchor bartender as she riffled through a thick stack of lost credit cards and plucked out my lost Visa card. “Once you people start talking about cars, you forget everything else.” ♦ 85 Chad Tyson Courtesy of Mecum Auctions Courtesy of Mecum Auctions

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MONTEREY RECAP THE NUMBERS Monterey’s Top 200 This year, 786 of 1,318 cars/motorcycles changed hands on the Monterey Peninsula for $258,076,545, with an average price per vehicle of $195,809 Rank Sold Price Model 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 (Tie) (Tie) (Tie) 36 37 38 39 40 41 (Tie) 43 44 45 46 47 86 $11,770,000 1936 Mercedes-Benz 540K roadster $11,275,000 1960 Ferrari 250 GT LWB California Competizione Spyder $11,000,000 1968 Ford GT40 Gulf/Mirage Lightweight racer $8,580,000 1962 Ferrari 250 GT SWB California Spyder $8,250,000 1955 Ferrari 410 S $6,710,000 1956 Ferrari 250 GT LWB TdF $6,600,000 1957 Ferrari 250 GT LWB California prototype Spyder $6,270,000 1955 Ferrari 857 Sport $6,050,000 1928 Bentley 4½ Litre Le Mans “Bobtail” $5,830,000 1972 Porsche 917/10 L&M Can-Am racer $5,170,000 1938 Horch 853A Special roadster $4,950,000 1964 Ford GT40 prototype $4,730,000 1953 Ferrari 340 MM Spyder $4,510,000 1957 Ferrari 500 TRC $3,725,000 1953 Jaguar C-type $3,685,000 1955 Aston Martin DB3S racer $3,520,000 1959 Maserati Tipo 61 Birdcage $3,465,000 1960 Porsche RS60 $2,970,000 1932 Daimler Double Six 40/50 sedan $2,860,000 1967 Ford GT40 Mk I $2,640,000 1938 Talbot-Lago T23 coupe $2,530,000 2001 Bentley Speed 8 Le Mans prototype racer $2,365,000 1962 Ferrari 400 Superamerica Aerodinamico coupe $2,205,000 1966 Ford GT40 $2,035,000 1960 Aston Martin DB4GT $2,014,000 1908 Simplex 50 Speedcar roadster $1,980,000 1929 Duesenberg Model J “Blue J” dual cowl phaeton $1,897,500 1929 Duesenberg Model J convertible $1,650,000 1955 Maserati A6G/2000 $1,622,500 1953 Bentley R-type fastback $1,595,000 1963 Mercedes-Benz 300SL Roadster $1,485,000 1936 Bugatti Type 57 Atalante $1,485,000 1967 Ferrari 275 GTB/4 $1,485,000 1967 Ferrari 275 GTB/4 Competizione Speciale $1,485,000 1965 Shelby Cobra 427 Competition roadster $1,430,000 2003 Ferrari Enzo $1,375,000 1972 Lamborghini Miura P400 SV $1,320,000 1964 Shelby Cobra 289 Competition roadster $1,292,500 1938 Bugatti Type 57C Stelvio $1,210,000 1919 Miller TNT $1,182,500 2008 Bugatti Veyron $1,182,500 1965 Ferrari 275 GTB $1,171,500 1955 Mercedes-Benz 300SL Gullwing coupe $1,127,500 1955 Mercedes-Benz 300SL Gullwing coupe $1,113,000 1972 Ferrari 365 GTS/4 Daytona Spyder $1,100,000 1998 Mercedes-Benz CLK GTR $1,045,000 1985 Ferrari 288 GTO Auction & Lot G&C, #123 G&C, #49 RM, #139 RM, #240A RM, #117 RM, #231 G&C, #137 G&C, #109 G&C, #20 Mec, #S123 RM, #133 G&C, #113 G&C, #50 G&C, #51 G&C, #37 RM, #214 G&C, #146 G&C, #28 G&C, #139 RM, #226 RM, #121 RM, #233 G&C, #34 Bon, #434 RM, #228 Mec, #S101 G&C, #12 RM, #229 G&C, #23 RM, #212 G&C, #66 G&C, #136 RM, #239 RM, #249 RM, #114 G&C, #18 G&C, #116 RM, #240 G&C, #121 G&C, #31 G&C, #64 RM, #221 RM, #250 G&C, #151 Mec, #S151 RM, #140 G&C, #48 Rank Sold Price Model 48 49 (Tie) (Tie) 52 53 54 (Tie) 56 57 58 59 60 61 62 63 64 (Tie) 66 67 68 (Tie) 70 (Tie) 72 73 (Tie) 75 76 77 (Tie) 79 (Tie) 81 82 83 84 85 (Tie) (Tie) 88 89 (Tie) (Tie) 92 93 94 $1,034,000 2001 Audi R8 Le Mans prototype racer $990,000 1929 Duesenberg Model J sedan $990,000 1956 Fiat Series 306/2 Grand Prix transporter $990,000 1965 Shelby GT350 R fastback $975,000 1930 Packard Eight Model 734 Speedster phaeton $962,500 1956 Mercedes-Benz 300Sc roadster $946,000 1965 Ferrari 275 GTB $946,000 1932 Packard Twin Six Individual Custom phaeton $935,000 1960 Plymouth XNR $927,500 1974 Porsche 911 RSR IROC $875,000 1956 Mercedes-Benz 300SL Gullwing coupe $874,500 1987 Porsche 962 racer $847,000 1960 Mercedes-Benz 300SL Roadster $825,000 1966 Shelby Cobra 427 roadster $819,500 1966 Shelby Cobra 427 roadster $814,000 1960 Mercedes-Benz 300SL Roadster $792,000 1961 Mercedes-Benz 300SL Roadster $792,000 1965 Shelby Cobra 289 Mk II roadster $781,000 1965 Shelby Cobra 289 roadster $748,000 1964 Aston Martin DB5 $715,000 1960 Ferrari 250 GT Series II cabriolet $715,000 1991 Ferrari F40 $687,500 1928 Rolls-Royce Phantom I Derby Speedster $687,500 1931 Rolls-Royce Phantom II Springfield Henley roadster $671,000 1924 Bentley 3/8 Litre Hawkeye Special $660,000 1967 Lamborghini Miura P400 SV conversion $660,000 1976 Lamborghini Countach LP400 Periscopica $638,000 1955 Mercedes-Benz 300SL Gullwing coupe $636,000 1965 Shelby Cobra 289 Roadster $627,000 1963 Shelby Cobra 289 Mk II roadster $627,000 1968 Toyota 2000 GT coupe $609,500 1968 Chevrolet Corvette L88 convertible $609,500 1961 Mercedes-Benz 300SL Roadster $605,000 1936 Auburn 852 SC boattail speedster $577,500 1970 Monteverdi HAI 450 SS prototype $572,000 1962 Aston Martin DB4 $561,000 1915 Rolls-Royce Silver Ghost 40/50 limousine $550,000 1934 Cadillac 452D V16 convertible $550,000 1967 Ferrari 330 GTC $550,000 1953 Mercedes-Benz 300S roadster $528,000 1914 Mercedes 50 hp touring $522,500 1933 Delage D8S coupe $522,500 1929 Duesenberg Model J convertible $522,500 1963 Shelby Cobra 289 roadster $506,000 1963 Porsche 356 Carrera 2 cabriolet $498,200 1973 Porsche 911 Carrera RS Lightweight $495,000 1960 Aston Martin DB4 Series II Auction & Lot RM, #137 RM, #142 RM, #234 RM, #134 G&C, #35 G&C, #135 G&C, #61 RM, #125 RM, #235 Mec, #S116 RM, #144 Mec, #S120 G&C, #126 G&C, #53 RM, #237 RM, #146 G&C, #103 RM, #118 R&S, #S649 G&C, #41 RM, #116 RM, #132 G&C, #9 RM, #223 RM, #238 RM, #220 G&C, #147 G&C, #3 Mec, #S139 RM, #218 G&C, #114 Mec, #S140 Mec, #S100 G&C, #55 G&C, #38 RM, #243 RM, #131 G&C, #142 G&C, #68 G&C, #154 RM, #151 G&C, #44 G&C, #145 RM, #135 G&C, #32 Mec, #S157 G&C, #115 Sports Car Market

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MONTEREY RECAP THE NUMBERS Rank Sold Price Model (Tie) (Tie) 97 98 99 100 101 (Tie) 103 104 (Tie) (Tie) 107 (Tie) 109 (Tie) (Tie) 112 113 (Tie) 115 116 (Tie) 118 (Tie) 120 (Tie) 122 123 (Tie) 125 126 127 128 129 (Tie) 131 132 133 134 (Tie) 136 137 138 139 140 (Tie) 142 (Tie) (Tie) 145 146 147 88 $495,000 1973 Porsche 911 Carrera RS Lightweight $495,000 1935 Rolls-Royce Phantom ll drophead coupe $473,000 1937 Rolls-Royce Phantom III Aero coupe $467,500 1974 Ferrari 246 GTS Dino Spyder $412,500 1959 Lancia Flaminia $407,000 1969 Maserati Ghibli Spyder $396,000 1934 Cadillac 452D V16 coupe $396,000 1972 Ferrari 365 GTB/4 Daytona coupe $390,500 1940 Packard Super Eight One-Sixty convertible $385,000 1941 Chrysler Town & Country wagon $385,000 2012 Fiat 500 Prima Edizione $385,000 1931 Pierce-Arrow Model 41 Victoria convertible $379,500 1920 Bugatti Type 13 $379,500 1972 Ferrari 365 GTB/4 Daytona coupe $363,000 1931 Chrysler Imperial CG dual cowl phaeton $363,000 1972 Ferrari 246 GTS Dino Spyder $363,000 1973 Ferrari 365 GTB/4 Daytona coupe $357,500 1966 Lamborghini 350GT coupe $352,000 1937 Jaguar SS 100 3.5 roadster $352,000 1966 Lamborghini 400GT coupe $349,800 1939 Bentley 4¼ Litre Vanvooren coupe $341,000 1953 Cunningham C-3 Continental coupe $341,000 1940 Packard Super Eight One-Eighty Darrin convertible $330,000 1931 Duesenberg Model J LWB limousine $330,000 1958 Porsche 356A Speedster $324,500 1930 Cord L-29 convertible $324,500 1972 Ferrari 365 GTB/4 Daytona coupe $324,000 1966 Lola T70 Mk II GT coupe $319,000 1935 Packard Twelve dual cowl phaeton $319,000 1913 Pope-Hartford Model 33 phaeton $313,500 1932 Packard Custom Eight convertible $310,750 1937 Cord 812 SC Sportsman convertible $308,000 1950 Aston Martin DB2 coupe $302,500 1956 Alfa Romeo Giulietta Sprint Veloce coupe $302,000 1937 Crocker V-Twin motorcycle $302,000 1940 Crocker V-Twin Big Tank motorcycle $299,800 1967 Ferrari 330 GTC coupe $291,000 1937 Crocker V-Twin motorcycle $287,260 2009 Rolls-Royce Phantom drophead coupe $286,000 1954 Porsche 356 1500 Speedster $286,000 1965 Shelby GT350 fastback $280,500 1949 Jaguar XK 120 Alloy roadster $280,000 1941 Tatra T87 Aerodynamic 4-dr sedan $275,000 1965 Alfa Romeo GTA 1600 $270,300 2008 Mercedes-Benz SLR convertible $265,000 1954 Hudson Italia coupe $265,000 1958 Porsche 356 T2 Speedster $264,000 1989 Ferrari Testarossa $258,500 1928 Isotta Fraschini Tipo 8AS landaulet $253,000 1933 Packard Super Eight roadster $252,500 1974 Ferrari 246 GTS Dino Spyder Auction & Lot RM, #123 G&C, #17 RM, #149 RM, #120 G&C, #124 RM, #230 G&C, #149 RM, #122 RM, #255 G&C, #27 G&C, #42 RM, #245 G&C, #108 R&S, #S643 RM, #232 R&S, #S647 RM, #215 RM, #244 RM, #138 RM, #112 Mec, #S94 G&C, #119 RM, #260 G&C, #56 G&C, #129 G&C, #26 G&C, #133 Bon, #454 RM, #210 G&C, #40 RM, #236 RM, #152 RM, #109 R&S, #S645 Bon, #335 Bon, #336 Bon, #431 Bon, #334 Mec, #S146 G&C, #16 RM, #145 RM, #129 Bon, #424 G&C, #144 Mec, #S138 RM, #217 Mec, #S121 RM, #127 $264,000 1907 Panhard et Levassor Model U2 Transformable town car G&C, #110 $264,000 1925 Renault 40CV cabriolet RM, #247 G&C, #141 RM, #153 Bon, #468 Rank Sold Price Model 148 (Tie) (Tie) 151 (Tie) (Tie) 154 155 (Tie) (Tie) 158 159 160 (Tie) 162 163 (Tie) 165 (Tie) 167 168 (Tie) (Tie) (Tie) 172 173 174 175 (Tie) 177 (Tie) 179 (Tie) (Tie) 182 183 184 185 (Tie) (Tie) 188 189 190 191 (Tie) 193 194 (Tie) 196 197 (Tie) (Tie) (Tie) $247,500 1932 Chrysler Imperial CL convertible $247,500 1974 Ferrari 246 GTS Dino Spyder $247,500 1940 Packard Super Eight Custom 180 Victoria convertible $242,000 1981 BMW M1 $242,000 1956 Lancia Aurelia B24S convertible $242,000 1956 Porsche 356A 1600 Speedster $237,600 2006 Mercedes-Benz SLR McLaren $236,500 1962 Maserati 3500 GT $236,500 1958 Porsche 356A Speedster $236,500 1966 Shelby GT350 fastback $233,750 1962 Rolls-Royce Silver Cloud II drophead coupe $231,000 1972 Ferrari 246 GTS Dino Spyder $220,000 1967 Mercedes-Benz 280SE Low Grille Factory prototype $220,000 1961 Rolls-Royce Silver Cloud II drophead coupe $214,500 1973 Porsche 911S 2.4 coupe $214,000 1938 Aston Martin 15/98 tourer $214,000 1970 BMW CSL Group 2 coupe $209,000 1958 Aston Martin DB Mark III $209,000 1960 Porsche 356B 1600 roadster $205,700 1957 Porsche 356A 1600 Speedster $203,500 1959 Mercedes-Benz 190SL $203,500 1913 National Series V N3 roadster Auction & Lot G&C, #13 R&S, #S655 G&C, #7 G&C, #33 G&C, #138 RM, #227 R&S, #S660 G&C, #122 G&C, #148 R&S, #S672 G&C, #15 G&C, #140 RM, #252 RM, #113 G&C, #153 Bon, #435 Bon, #445 G&C, #24 RM, #253 RM, #157 G&C, #155 G&C, #104 $203,500 1937 Peugeot 402 Darl’mat Legere Special replica roadster RM, #248 $203,500 1925 Rolls-Royce Silver Ghost Pall Mall tourer $203,000 1937 Brough Superior SS100 motorcycle $201,400 1953 Hudson Super Wasp convertible $200,750 1940 Lincoln Continental cabriolet G&C, #4 $198,000 1961 Cooper T-56 Mk II Formula Junior racer $198,000 1904 Knox Tudor touring $196,100 1980 BMW M1 $196,100 1960 Chevrolet Corvette 283/315 Fuelie $192,500 1956 Austin-Healey 100M Le Mans roadster $192,500 1931 Cadillac 370A V12 phaeton $192,500 1923 Locomobile Model 48 Sportif $190,800 1929 Rolls-Royce Phantom II Imperial cabriolet $187,000 1947 Ford Super Deluxe Sportsman convertible $185,500 1970 Chevrolet Chevelle SS 454 LS6 convertible $181,500 1936 Cord 810 phaeton $181,500 1972 Ferrari 365 GTC/4 $181,500 1961 Jaguar XKE Series I 3.8 roadster $181,260 2011 Bentley Continental GTC $178,800 1931 Rolls-Royce Phantom II Continental touring $178,750 1952 Hudson Hornet sedan $176,000 1962 Cooper Monaco racer $176,000 1926 Duesenberg Model A sedan $170,660 1968 Shelby GT500 KR convertible $170,500 1953 Chevrolet Corvette roadster $170,500 1947 Ford Super Deluxe Sportsman $166,420 1957 Porsche 356 Speedster $165,000 1967 Chevrolet Corvette 427/435 coupe $165,000 1959 Devin SS roadster $165,000 1963 Jaguar XKE Series I 3.8 convertible $165,000 1940 Packard 120 wagon Bon, #343 Mec, #F130 G&C, #152 RM, #136 G&C, #46 Mec, #S92 Mec, #S137 RM, #115 G&C, #21 G&C, #125 Mec, #S73 RM, #119 Mec, #F139 G&C, #102 RM, #211 G&C, #54 Mec, #S102 Bon, #422 G&C, #112 RM, #130 G&C, #36 Mec, #F164 R&S, #S656 G&C, #60 Mec, #F132 G&C, #22 R&S, #S653 RM, #155 G&C, #105 Sports Car Market

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Market Reports Overview $258m: The New Reality We watched totals grow steadily, and the climactic finish shattered even our wildest predictions By Tony Piff Cars were available in every color, but green ruled all as Monterey’s total hit $258m that couldn’t evaporate overnight in a cloud of ones and zeros. Over the next 12 months, we watched auction totals grow steadily, and the climac- O tic finish of Monterey Car Week 2012 shattered even our wildest predictions. Whether this is a long-term trend or a fundamental sea change, this much is clear: rarely seen cars from important collections are coming to market, and deep-pocketed shoppers are prepared to pony up. Nearly half of the $258m spent during all of Monterey Car Week came at Gooding & Company’s Pebble Beach auction, where just 109 cars totaled $114m. Twenty-four cars broke the million-dollar mark here, and two made it into the eight-figures: a 1960 Ferrari 250 GT LWB California Competizione Spyder brought $11.3m, and the von Krieger 1936 Mercedes-Benz 540K Special Roadster sold for $11.8m — a new record for a Mercedes sold at auction. The numbers were also impressive at RM’s downtown Monterey sale. RM sold 105 cars for $95m total, up from last year’s $78m. The top sale was a 1968 Ford GT40 Gulf/ Mirage lightweight racer, used as a camera car in the film “Le Mans.” It set the record for an American car at auction, at $11m. Surpassing $8m were two Ferraris: a 1962 250 GT SWB California Spyder, at $8.6m, and a 1955 410 S, at $8.3m. Growth at the other three auctions was less stratospheric but still reflected a very healthy market. Mecum Auctions, the volume leader on the Peninsula, sold 341 cars and bikes for $31m, a sizeable jump from the $22m earned last year among 443 lots. This equates to a jump in average price to $90k from $50k. A huge selection of significant Porsche race cars topped the charts, led by the headlining 1972 Porsche 917/10 L&M Can-Am racer, sold at $5.8m. A 1908 Simplex 50 speedster took the second- 90 ne year ago, when total sales at Monterey Car Week came within a whisker of $200m, it seemed clear that the collector-car world had entered a new era. Heavy hitters on the world financial scene, wary of ongoing chaos in the stock market, suddenly took a shine to classic cars as tangible assets place slot with an unexpected $2m, followed by a 1972 Ferrari 365 GTB/4 Daytona Spyder, at $1.1m. Bonhams moved their Carmel Valley sale to a new location within The Quail grounds this year, but the hot topic of discussion was their featured consignment, a highly anticipated 1997 McLaren F1 GTR Longtail racer, which failed to sell on the block at a high bid of $3.3m. The car was immediately reported sold in a postblock deal for an undisclosed price. If it came anywhere near the high bid ($3.6m is the figure being thrown around), that bumps the $9.5m sales total well ahead of the $10.6m achieved in 2011. Russo and Steele’s new venue on the Monterey waterfront was a hit. They sold 124 cars for $8.2m, a slight dip from last year’s $8.5m, but average price per car increased to $66k from $59k. A 1965 Shelby Cobra 289 sold at $781k was Russo’s biggest sale of Monterey — and yet another reminder of Carroll Shelby’s recent death, not to mention the Cobra’s 50th anniversary. Other notable sales included a 1972 Ferrari 246 GTS Dino, very well sold at $363k, and a 1956 Alfa Romeo Giulietta Sprint Veloce lightweight, at a record $302k. We conclude the market reports with an overview of MidAmerica’s antique motorcycle marketplace at Pebble Beach and Chad Tyson’s eBay column. This month, Chad takes a look at super deals on modern supercars. ♦ Sports Car Market Tony Piff

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$100m $110m $120m $80m $90m $70m $60m $50m $40m $30m $20m $10m $0 Bonhams RM Auctions Russo and Steele Gooding & Company Mecum Auctions Sales Totals 2012 2011 2010 2009 2008 Top Sales by Year 2007 1959 Ferrari 250 GT LWB California Competizione Spyder $4,950,000 RM Auctions 2008 1937 Bugatti Type 57SC Atalante $7,920,000 Gooding & Company 2009 2008 Yearly Sold / Offered Summary 2009 2010 Bonhams 44 / 77 (57%) $21,004,800 RM 147 / 172 (85%) $44,093,450 Russo and Steele 72 / 152 (47%) $9,107,875 Gooding 115 / 141 (82%) $64,790,300 Mecum MidAmerica — — Total Sold / Offered 378 / 542 (70%) Total Sales $138,996,425 62 / 102 (61%) $14,284,288 206 / 239 (86%) $35,522,600 60 / 112 (54%) $4,973,565 128 / 159 (81%) $50,753,850 105 / 224 (47%) $14,249,725 27 / 83 (33%) $547,562 588 / 919 (64%) $120,331,590 Top 10 Sales This Issue (Land Auctions Only) 1. 1936 Mercedes-Benz 540K Special Roadster, $11,770,000—G&Co., p. 96 2. 1960 Ferrari 250 GT Competitizione LWB California Spyder, $11,275,000—G&Co., p. 100 3. 1968 Ford GT40 racer, $11,000,000—RM, p. 118 4. 1962 Ferrari 250 GT SWB California Spyder, $8,580,000—RM, p. 112 5. 1955 Ferrari 410 Sport coupe, $8,250,000— RM, p. 110 6. 1956 Ferrari 250 GT Tour de France 14-louver coupe, $6,710,000—RM, p. 110 7. 1957 Ferrari 250 GT LWB prototype California Spyder roadster, $6,600,000—G&Co., p. 98 8. 1928 Bentley 4½ Litre Le Mans Sports “Bobtail” racer, $6,050,000—G&Co., p. 94 9. 1972 Porsche 917/10 Can-Am racer, $5,830,000—Mec, p. 124 10. 1938 Horch 853A Special Roadster, $5,170,000—RM, p. 110 November 2012 1. 1967 Jaguar XKE 4.2 convertible, $85,800—R&S, p. 138 2. 1956 Mercedes-Benz 300SL Gullwing coupe, $675,000—Mec, p. 124 3. 1962 Ferrari 250 GT SWB California Spyder, $8,580,000—RM, p. 112 4. 1948 Chrysler Town & Country woodie convertible coupe, $104,500— G&Co., p. 104 5. 1950 Mercury Eight convertible, $82,500—RM, p. 116 79 / 102 (77%) $18,029,330 209 / 224 (93%) $66,886,000 99 / 251 (39%) $8,054,975 105 / 137 (77%) $64,564,750 199 / 420 (47%) $14,403,517 37 / 93 (40%) $868,573 730 / 1231 (59%) $172,989,695 2011 65 / 128 (51%) $10,661,510 123 / 144 (85%) $78,192,700 144 / 222 (65%) $8,507,336 106 / 126 (84%) $78,175,300 443 / 707 (63%) $22,195,692 40 / 87 (46%) $848,710 919 / 1425 (64%) $198,399,797 2012 82 / 153 (54%) $9,513,225 105 / 119 (88%) $95,274,150 124 / 266 (47%) $8,189,500 109 / 122 (89%) $113,716,600 341 / 570 (60%) $30,844,850 25 / 88 (28%) $538,210 786 / 1318 (60%) $258,076,535 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 91 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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Gooding & Co. Pebble Beach, CA Gooding & Co. — The Pebble Beach Auctions 22% of the lots sold went for seven figures or more, the total sell-through was 89%, and the average price realized for the 109 lots sold was over $1m Company Gooding & Company Date August 18–19, 2012 Location Pebble Beach, CA Auctioneer Charlie Ross Automotive lots sold/offered 109/122 Sales rate 89% Sales total $113,716,600 High sale 1936 Mercedes-Benz 540K Special Roadster, sold at $11,770,000 1936 Mercedes-Benz 540K Special Roadster — $11,770,000 Report and photographs by Michael Leven Market opinions in italics G ooding is known for bringing big numbers to the Monterey week, and this year was no exception, with more than $114m worth of cars sold over two nights. Many of the lots had what seemed like market- leading estimates. This impressive sale not only met those lofty expectations, but in many instances blew them out of the water. Leading the charge was a 1936 Mercedes-Benz 540K Special Roadster, formerly owned by a German baroness, that sold for a staggering $11.8m (see profile on p. 42). And this was not the only eight-figure result, as an alloy 1960 Ferrari LWB California Spyder with a wonderfully documented history sold for $11.3m. Three important cars sold for more than $6m each: a 1928 4½ Litre Bentley that finished on the Le Mans podium made $6.05m (see profile on p. 38); a 1955 Ferrari 857 with fantastic racing history made $6.3m; and the prototype 1957 Ferrari LWB California Spyder totaled $6.6m. There were an additional 19 cars that each sold for more than $1m. All up, 22% of the lots sold went for seven figures or more, the total sell-through was a very impressive 89%, and the average price realized for the 109 lots sold was more than $1m. Contributing to this accounting were 12 Ferraris, nine Mercedes-Benzes, four Rolls-Royces and five Jaguars. Other prominent sales included the prototype 1964 Ford GT40 at $4.95m, a 1953 Jaguar C-type at $3.7m, a 1959 Maserati Birdcage at $3.5m, a 1960 Porsche RS 60 at $3.5m, a 1932 Daimler Double-Six at $3m, and a 92 1963 Mercedes-Benz 300SL Roadster at $1.6m. Notable non-sales were few but included the ex-Clark Gable Duesenberg JN on which the bidding stopped at $6.4m, and the ex-Ann Klein Blower Bentley that stalled at $7m. Had these two cars alone sold at the high offers, they would have boosted Gooding’s top-line figure by more than 10%. Two significant collections were offered at Gooding: those of Sherman M. Wolf and William A.C. Pettit III. Wolf’s preference was for cars of the “Cavallino Rampante,” and four were offered here, including the alloy California Spyder noted above, a 340MM (sold at $4.7m), and a 500TRC (sold at $4.5m). The Pettit cars, all sold at no reserve, were of the classic genre and included, among others, three RollsRoyces, a Stutz, and the famous Model J Duesenberg phaeton “Blue J” sold at $2m. Proceeds from the estate will be donated to the Shriners Hospital for Children. Also offered for charity was the first customer 2012 Fiat 500 “Prima Edizione,” the proceeds going to Fisher House, a nonprofit organization that provides myriad services to families of service members recovering from serious injuries. Consigned by Jay Leno, who presented the car with U.S. Secretary of Defense Leon Panetta and Army Chief of Staff General Raymond Odierno, the car sold for an astounding $385k, with an additional $300k of outright donations from the crowd and phones. A number of world records were set at this Sales Totals $100m auction, and more than 20% of the cars sold above their high estimates. I am anxious to see if the extraordinary appreciation in prices of some cars over the past couple of years is sustainable. One thing is for sure —David Gooding and his company seem to have an unending supply of important cars available to them, along with an uncanny ability to know their audience. ♦ $80m $60m $40m $20m 0 Sports Car Market 2012 2011 2010 2009 2008 Buyer’s premium 10%, included in sold prices David Tomaro

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Gooding & Co. Pebble Beach, CA ENGLISH #20-1928 BENTLEY 4½ LITRE Le Mans Sports “Bobtail” racer. S/N KM3088. Eng. # MF3175. Napier Green/black cloth/green leather. RHD. Odo: 6,935 miles. Two-time Le Mans Works entrant; 3rd place in 1929. Retains original engine block and Vanden Plas stamps on body frame. Fabric body good, driver-quality paint, spectacular patina. Square-cut racing gearbox replaced with “D” model in period. Recent sympathetic restoration included installation TOP 10 No. 8 Blower” racer selling just six weeks prior for $7,867,190 at Bonhams Chichester (SCM# 208022), the $8m–$10m estimate for this car looked aggressive, and the high offer looked fair. #139-1932 DAIMLER 40/50 Double Six Sports Saloon. S/N 32382. Eng. # 55628. Black/rose wool. RHD. Odo: 58,204 miles. Best of Show at Pebble Beach in ’99. A giant car, with 13-foot wheelbase, further exaggerated by very low roofline. Original engine replaced by a Buick I8 for 40 years. DoubleSix put back during 1994 restoration. Stillglorious paint now cracking in spots. Belt trim polished through, microblisters at right A-pillar. Rose-colored wool interior still pris- ing has a pretty broad range depending on desirability and looks; they were all coachbuilt, so that in and of itself doesn’t seem to affect values. This one was very sporty and attractive, the top went down, and you’ll never see another in your travels. As such, I think this was rather well bought at roughly half the high estimate. FRENCH #108-1920 BUGATTI TYPE 13 racer. S/N 981. Eng. # 538. Black/black leather. RHD. Originally a Type 22 or 27 with fourplace coachwork. Converted to Type-13 spec (shortened chassis, rebodied) at unspecified time between 1945 and 1978 with period components. Numbers-matching engine, gearbox, differential. Numerous well-known owners, consignor-owned for 14 years. Mechanically rebuilt by Phil Reilly & Co. Brush-painted with large “13” on hood. Participant in of sump from sister team car “Old Mother Gun,” as well as actual spare “sloper” carburetors from period. Cond: 3-. SOLD AT $6,050,000. The real deal. To look back at the history of Bentley at Le Mans and think this was one of the cars that created the legacy left me speechless. It would be difficult to repeat the combination of history, originality and type, and there’s only one, so well bought. It will only get more expensive. If I could own only one car (and had $6m) this would sate me. #134-1931 BENTLEY 4½ LITRE SC “Blower” Sport Boattail. S/N SM3916. Eng. # SM3922. Green/black cloth/black leather. RHD. Odo: 3,600 miles. The ex-Ann Klein “Green Hornet.” One of 50 factory blower cars; one of three boattails. Never fully restored. Very well-known and correct numbersmatching car, including original bodywork and fabric covering by Gurney Nutting. All brightwork pitted, especially headlights. Paint once to high standard, now aging; cracked but sound on cloth body panels. Seats well broken tine. Polished engine and ancillaries impressive. Fantastic elephant-head hood ornament reads “Latil.” One of only 26 Double-Sixes ever built. Cond: 1-. SOLD AT $2,970,000. Only one comparable found: this very car, which sold at Gooding’s Scottsdale sale in 2009 for exactly the same amount (SCM# 119131). At the time, our reporter said, “Was the price right? Of course—find another.” This time around it might even have been slightly well bought. #17-1935 ROLLS-ROYCE PHANTOM II drophead coupe. S/N 107TA. Eng. # DL85. Black/ Black cloth/red leather. RHD. Odo: 31,017 miles. All-original body, chassis, engine. One-off DHC body by Allweather. Beautiful black paint nearly flawless in very unforgiving light; passenger door looks slightly dull. Door alignment off a touch. Large gouge in passenger seat ribbing; burled walnut interior wood excellent. A very big two-door with a long, lean and elegant stance. Monterey Historics, Hillsborough Concours, and numerous Bugatti rallies around the world. Cond: 4. SOLD AT $379,500. The Bugatti scene is full of cars with “unusual” histories built from old and new parts from various sources. Kudos to the consignor for providing an in-depth account of this car’s known history. That it’s been accepted at numerous prestigious events helped. Probably a hoot to drive, but as an investment, some ways over the $350k high estimate, I’m less ebullient. Well sold. #44-1933 DELAGE D8S coupe. S/N 38220. Black/cognac leather. RHD. Odo: 18,287 miles. Said to be one of 99 D8Ss produced, and the only one bodied by Freestone & Webb. Ordered by Earl of Stradbroke. Brightwork variable, with waviness and scratching, door hinge plating worn, headlight chrome discolored. Black paint well applied over poor prep, lots of subsurface scratches. Some glass delaminated. Proper Marchal lighting up front, Lucas in rear. Driver’s seat in; mixed gauges. Wonderful patina. Cond: 3-. NOT SOLD AT $7,000,000. Original “Bentley Boy” Tim Birkin insisted that Bentley build a supercharged car for competition, and production versions served as homologation for entry to Le Mans. This car previously sold at Gooding’s 2007 Pebble Beach sale for $4,510,000, which we said “sets the bar” (SCM# 46587). Today, with the actual “Birkin 94 Consignor is an SCMer. Cond: 1-. SOLD AT $495,000. Multiple-award winner at Meadow Brook, Pebble Beach, Mar-a-Lago and others. Dual rear-mounted spares add length and allow for clean, flowing lines. Phantom pric- Sports Car Market

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Gooding & Co. Pebble Beach, CA scraped on side; interior wood very nice. Sold without reserve. Cond: 2. SOLD AT $522,500. The coachwork was on the formal side, but still quite handsome. This car shows up in the SCM database as sold in 2002 at RM Monterey for $167,200, with 14 fewer miles (SCM# 28833). Our reporter said, “The successor to the D8, the S was lighter, lower, sleeker and quicker. Worth every penny. Well bought.” It then sold at RM Milhous six months ago for the exact same amount realized here, which our reporter called “well above the high estimate, but not beyond reason.” I think that sums it up quite well. #136-1936 BUGATTI TYPE 57 Atalante coupe. S/N 57401. Eng. # 54C. Black & yellow/ tan leather. RHD. Odo: 12,982 km. One of 40 Type 57 Atalantes built. Said to be one of two delivered to the U.S., one of 10 with roll-top roof. Original body. Upgraded with SC engine 1949. Refurbished as needed; last indicated cosmetic work 1994. Paint aging but nice; poor taping at color separation. Door frames/jambs with cracks; finish on steering wheel thick. Brightwork tired; front turn sig- winner. Cond: 1. SOLD AT $11,770,000. I was truly humbled by this car. The black paint was so deep and shiny that I could not take a good picture, as absolutely everything and everybody was reflected back at me. Hard to imagine this was any less stellar than the Mann 540K that RM sold in Monterey last year for $9,680,000 (SCM# 183087), so I’ll call it fairly bought and sold. New world record for a Mercedes sold at auction. See profile on p. 42. #16-1954 PORSCHE 356 Speedster. S/N 80032. Eng. # 33668. Ivory/black canvas/ black vinyl. Odo: 13,461 miles. Nicely restored to better-than-new in 1990s; shown at Pebble Beach, but no longer crisp. Paint and limited brightwork still very good, rubber slightly less so. Rust damage to floor, longitudinals repaired. Good period race history includes podium finish at 1956 Pebble Beach race with Skip Hudson. Also ex-Seinfeld. But it is interesting when compared with the five 300SLs on offer at Gooding. This car outsold three of them and nearly reached $1m. Has a newfound appreciation blossomed or was this a fluke? Stay tuned, but I say well sold. #28-1960 PORSCHE RS 60 Spyder. S/N 718060. Eng. # 90254. Silver/red vinyl. ExBob Wuesthoff, and with stellar race history. One of 14 customer cars built. Still with original body, engine, transaxle. Most of car to race standard. Limited bright trim very good. Paint excellent. Oversized wheels and tires incorrect but common for current vintage racers. Cond: 2-. SOLD AT $3,465,000. The last RS in the SCM database went for $1.7m at Gooding’s Amelia Island sale in 2010 and was called well sold (SCM# 159994). As these don’t often trade hands, each one seems to reset the market, and following the trend lines, this price doesn’t look so crazy. Still, well sold. #103-1961 MERCEDES-BENZ 300SL nals pitted, grille slats rough. Recent rebuild of gearbox, rear axle, magneto. New Borranis. Hydraulic brakes, overdrive recently added. Cond: 2-. SOLD AT $1,485,000. Ready to go, with recent mechanical work and not so nice you’d be afraid to use it. Priced closer to an un-blown Atalante than a real-deal SC, so the engine change helped, but it’s still not correct. A fair deal all around at just under the $1.5m low estimate. GERMAN TOP 10 No. 1 #123-1936 MERCEDES-BENZ 540K Special Roadster. S/N 130949. Eng. # 130949. Black/pumpkin leather. Odo: 92,114 miles. Ultimate-spec, high-door, longtail Special Roadster. Owned from new by Baroness Gisela von Krieger and her family until 1989. Garage-stored in Connecticut for more than 40 years. Restored to highest possible level in last decade. Brightwork, paint, interior all world-class. Pebble Beach class- Unknown history from late ’50s until 1994. The boy-racer stripes and numbers need to go, but the consignor was wise to do them in vinyl, so no harm done. Cond: 2. SOLD AT $286,000. Appears three times in the Platinum Database, most recently at the May 2012 Dragone auction, where it sold for $230,000 (SCM# 201672). Even for a Speedster with good history, this was a lot of money. #135-1956 MERCEDES-BENZ 300SC roadster. S/N 1880155500026. Eng. # 1999805500029. Burgundy/tan canvas/cognac leather. Odo: 337 miles. An exceptionally restored car; work done by Don Mertz. Only tiny details from perfect; gaps slightly off at trunk, trim on passenger’s door a touch low. Offered with build sheets, fitted luggage. One of 53 SC roadsters built and nearly twice the price of a Gullwing when new! Cond: 1-. SOLD AT $962,500. Introduced just seven roadster. S/N 19804210002759. Eng. # 19898010002819. Gray/blue cloth/blue leather. Odo: 49,594 miles. Restoration completed in 2009. Multi-stage metallic paint beautifully applied over good prep—originally light blue over gray; now gray over blue. Hood and trunk gaps out; beltline and vent trim misaligned. Front and rear bumper years after WWII, the two-door 300 series is a testament to Mercedes’ legendary engineering prowess and build quality. These cars are excruciatingly expensive to restore, and this sale likely didn’t net the consignor a windfall profit. 96 chrome discolored. Interior very nice, with racing seat belts. European headlights. Modern radials. Cond: 2. SOLD AT $792,000. Of the three 300SL Roadsters offered at Gooding, this was the least expensive, but still sold slightly ahead of market-correct for condition. In fairness, the others were a sub-25k-mile, totally original, two-owner car (lot 126, $847k) and an alloy-engined car with original upholstery and fewer than 15k miles (Lot 66, $1.6m). While the new owner paid up here, I suspect he’ll be sitting pretty come Scottsdale in January. #32-1963 PORSCHE 356 Carrera 2 GS Cabriolet. S/N 158320. Eng. # 97255. Bali Blue/blue cloth/red leather. Odo: 73,892 miles. Exceptionally rare; one of estimated 55 2000 Sports Car Market

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Gooding & Co. Pebble Beach, CA GS cabriolets, according to catalog. Restored in mid-’90s to high standard. Was custom ordered in beige with black leather; now dark blue over red. Several performance upgrades from stock include high-compression jugs, Weber carbs, custom billet throttle linkage. Gearbox replaced by factory in late ’60s. All roy. RHD. The only 857 with tailfin, added after Olivier Gendebien rolled the car in its first practice. Driven to much success by McAfee, Shelby, Gregory, Ginther, others. Small-block Chevy installed in 1962. Owned by Andy Warhol in ’70s. V12 in 1997. Original engine reinstalled during 2010 resto- duction versions, especially around nose, sidevent, wheelarches. Bummer details include other numbers match, including body panels. One rust spot on front fender. Car otherwise exceptional. Cond: 1-. SOLD AT $506,000. Stunning period color combination probably better than the rather bland colors as delivered. However, high-compression pistons in a 4-cam street car, with rebuild costs way into five figures, is an act of faith. Not for the light of wallet, but if you can afford the high bid, that’s likely not an issue. Location of the rust scared me and warrants serious investigation. Sold well, over the $500k high estimate. ITALIAN #50-1953 FERRARI 340 MM spider. S/N 0350AM. Eng. # 0350AM. White & blue/blue leather. RHD. Odo: 53,212 km. Originally owned by Sterling Edwards, creator of the Edwards R-26 sports car. To his credit, Edwards gave up and bought this car, which he used to win the 1954 Del Monte Trophy at Pebble Beach. Prepared in period by Phil Remington. Repainted in original white and blue livery in early ’90s. Original, unrestored, numbers-matching engine accompanies sale. ration when original body confirmed. Wearing #98 and located just inside the tent door next to another of Ol’ Shel’s weapons (Lot 113, the Ford GT40 prototype), it was hard to miss this poignant tribute. Cond: 1. SOLD AT $6,270,000. As there were only four 857s built, we need to look at cars for context like Lot 51, the 500-TRC—another highly original 4-cylinder Ferrari with great history. The 857 is even more rare, but I don’t believe that makes it more valuable. Where Lot 109 (the 857) trumps Lot 51 is with its higher historical profile and really-big-name drivers. More valuable perhaps, but not by $1.7m. Well sold, but buyer should have no long-term regrets. #23-1955 MASERATI A6G2000 coupe. S/N 2114. Eng. # 2114/2. Black/tan leather. Odo: 33,140 miles. 1955 Paris show car, with simple, clean Frua coachwork. Restored in 2002. Gaps good; brightwork mostly very good. Chrome well done. Paint in original black applied nicely; light subsurface marks and cracking at driver’s mirror. Some scratching around driver’s door and on windshield. paint faded on driver’s door, both seats lightly stained, pitting on some brightwork, broken taillight. Cond: 2+. SOLD AT $6,600,000. It seems reasonable within the pantheon of California Spyders that this steel prototype should be priced somewhere between a garden-variety, closed-headlight steel car and a closed-headlight alloy model, but this is well into alloy territory. If you believe the Ferrari market is moving as fast as some people do, this car was fairly bought. Maybe I’m in denial, but I think it was well sold. #51-1957 FERRARI 500 TRC spider. S/N 0662MDTR. Eng. # 0662MDTR. Red/ black leather. RHD. Nicely restored with good gaps and excellent paint. Smooth belly pans in place. Featured in Phil Hill’s Ferrari: A Champion’s View. From the Sherman Wolf Collection; 24 year ownership. Ex-von Neumann, Arents, Lovely. Stellar race history in major events all over U.S. Veteran of Pebble Beach, Colorado Grand, Monterey From the Sherman Wolf Collection; owned since 1984. Cond: 1-. SOLD AT $4,730,000. The last of 10 340 MMs built and a wellknown and successful race car since the day it first turned a wheel in anger. Mr. Wolf’s son and daughter dutifully stood by the cars most of Thursday, Friday and Saturday to answer questions about this and the other family cars. Slightly above market price, but for a thoroughly vetted, very historic car, well bought. In a very short while it will look cheap. #109-1955 FERRARI 857 SPORT racer. S/N 0588M. Eng. # 0588. Red/brown cordu- 98 Leather (also in original color) broken in but crisp. 2011 MM Storica sticker. Cond: 2+. SOLD AT $1,650,000. While the grille is somewhat ornate, the rest of this car is just curve after unadorned, sexy curve. Not only has it received numerous show awards, it is a fully vetted and seasoned tourer as well. Potential buyers bid with confidence, and someone scored a very nice car at a marketcorrect price. See the profile on p. 40. TOP 10 No. 7 #137-1957 FERRARI 250 GT LWB prototype California Spyder roadster. S/N 0769GT. Eng. # 0769GT. Red/tan leather. Odo: 24,351 miles. Historically significant as the prototype LWB California Spyder. Slightly “purer” than pro- Sports Car Market Historics. Cond: 1. SOLD AT $4,510,000. It’s always a wonder that Ferrari ever built 4-cylinder cars, but the success of these sports racers did much to spur sales of road-going Ferraris. With a rich history of success being driven by well-known drivers, not to mention that “red head,” this car has great collector and investment value. No surprise here; sale fair for both parties, possibly with a slight nod to the buyer. #124-1959 LANCIA FLAMINIA Sport coupe. S/N 824001097. Eng. # 823002065. Light teal/salmon leather. Odo: 35,673 miles. One of 599 Zagato Sports built 1959–67,

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Gooding & Co. Pebble Beach, CA known ownership from new. Restored to very high level less than 10 years ago. Trim, brightwork, chrome very good. Painted to highest standard, now showing stretch marks at A-pillar base. Right rear of hood sits high and is hard to latch. Scratches on rear window. Pumpkin-colored seats, panels delightful. Dash insert missing. Sport seats and triple Webers are not correct but were featured on the Speciale racing prototypes. Cond: 1-. SOLD AT $412,500. This was a gorgeous car, and also likely pretty quick with upgrades. Anything Zagato is white-hot right now, and the guides are lagging. The $375k low estimate seemed optimistic, but more than one person thought otherwise. I’m not sure this is the new reality, as Lot 133, a lightly restored Daytona, sold for $88k less. #146-1959 MASERATI TIPO 61 “Birdcage” racer. S/N 2454. Eng. # 2477. Black/black vinyl. RHD. Third Tipo 61 built with good U.S. racing history. Certified by Maserati Classiche. Retains original body and chassis. Very recent vigorous exercise at Spa, Nürburgring, Goodwood. Car finished to race standard. Iconic hood and rocker vents look to have chicken-wire screens. Really. With 250 hp on tap, weighing less than 1,200 pounds, on skinny old bias-ply tires and your tush only six inches from the ground, driving one of these has got to be a serious rush. Cond: 3. SOLD AT $3,520,000. This looks to be the going rate for Birdcages, with an equally successful and historic car sold at RM Monaco 2010 for $3,343,648 (SCM# 160385). Fair deal all around. TOP 10 No. 2 #49-1960 FERRARI 250 GT Competizione LWB California Spyder. S/N 1639GT. Eng. # 1639GT. Red/black leather. Odo: 49,507 miles. One of the nine alloy LWB California Spyders. From 33-year ownership in the Sherman Wolf Collection. Overall finish to the very best standard, paint beyond reproach. Desirable covered headlights. Everything one would expect from the Holy Grail of road-going Ferraris. Paint once to high standard, now with cracking, crazing, rock chips on nose and hood. Engine clean and tidy. Borranis near perfect. Cond: 2-. SOLD AT $2,365,000. Previously sold by Barrett-Jackson in 2003 for $432,000 at their Los Angeles sale (SCM# 31459). Not only beautiful and well known, but with tons of “come hither,” this car just screamed to be driven. Strong money, especially for condition, but not silly when compared with the pricing trajectory of desirable Ferraris and other recent sales of Superamericas. It won’t be long before this looks very well bought. #122-1962 MASERATI 3500 GT coupe. S/N 1012428. Royal Blue Metallic/cream leather. Odo: 72,895 km. Restored more than 20 years ago and holding up amazingly well. Consignor-owned for that period. Early window treatment on late car. Excellent prep and paint. Gaps variable, trunk sits high. All stainless immaculate, bumper chrome slightly dull and with buffer marks. White leather crisp and clean; carpets less so. Engine bay clean and finished Campagnolo wheels. Most of interior original, including 8-Track. Cond: 1-. SOLD AT $1,375,000. Good Miura SVs were firmly established as million-dollar cars since before the Great Recession, so this sale was really no surprise. What is surprising is that Daytona coupes now sell for about a third the price, with a BB a third the price of a Daytona. I think I’ll go find myself a good BB and wait for my ship to come in. Well bought and sold. JAPANESE #114-1968 TOYOTA 2000GT coupe. S/N MF1010219. Eng. # 3M10273. White/black vinyl. Odo: 8,850 km. One of 84 in LHD out of 351 built 1967–70. Gaps OK, likely to factory. Some rust damage repaired; repaint likely better than factory standard. Stainless good but not brilliant; chrome scratched and pitting. Wind shield delaminating, rest of glass OK. Wood steering wheel and dash panels (courtesy of Yamaha’s piano division) very good. sold a similarly spec’d LWB Cal Spyder Competizione with a fantastic racing pedigree for a mere $7.26m just two years ago (SCM# 165706). If I’m not missing some small but wildly important bit of Ferrari minutiae, or unless the market really is moving this fast, this car looks very well sold. #34-1962 FERRARI 400 SUPERAMERICA Aerodinamico coupe. S/N 3949. Eng. # 163. Red/black leather. Odo: 46,337 miles. 1962 Turin show car, restored in 1977, one owner through 2003. Clearly used but well maintained. Bespoke features include fitted luggage, central vertical bolster between front seats, rear wheel vents. Gaps narrow but even; chrome and brightwork very nice, save for some scratching and a dent above driver door. Windshield with micro-chips throughout. bidders were clearly captivated, as the car blew past the $180k high estimate by almost 33%. Well sold, substantially above market, but equally well bought. Given the obvious love and exceptional maintenance by its longterm owner, I was not surprised by this result. #116-1972 LAMBORGHINI MIURA SV coupe. S/N 5048. Eng. # 30735. Fly Yellow/ black leather. Odo: 6,388 miles. One of 148 factory SVs. Engine and panels numbersmatching. Recent comprehensive restoration. Gaps good; brightwork mostly good, with pitting around windshield. Paint excellent; taping around black trim paint at headlights, side vents very poor. Wearing newly re-released, period-correct Pirelli CN12s on beautifully Cond: 1. SOLD AT $11,275,000. Gooding 100 tidy; turned aluminum trim very nice. Many awards at multiple prestigious events, including Pebble Beach. Cond: 1-. SOLD AT $236,500. Both a serious driver’s car and a dignified, elegant “banker’s hot rod.” The Cond: 2-. SOLD AT $627,000. Previously sold by RM in Monterey ’98 for $77,575, in 3- condition, 1,178 km ago (SCM# 20660). In reviewing the SCM Platinum Database, there is a clear, linear, trend line over 12 years showing strong appreciation for the model, with current values in line with the $400k– Sports Car Market

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Gooding & Co. Pebble Beach, CA $500k estimate here. But this one was well sold, some ways above that. AMERICAN #46-1904 KNOX TUDOR tourer. S/N 312. Green/black leather. An imposing car that must have looked huge by 1904 standards. Owned by consignor for 20-plus years, longterm museum piece, two-time London-toBrighton participant since. Older paint to driver grade. Brass all very nice; single headlight and dual spotlights acetylene-fed. Leather seats still supple. Rear-entry “turtle deck” is removable. 2-cyl air-cooled “porcu- modern roads, imagine it on the dirt paths in period! The physical embodiment of the old saying, “When men were men.” Well bought, under the $250k low estimate. #36-1926 DUESENBERG MODEL A sedan. S/N D64B. Eng. # 1646. Gold & black/black vinyl/gold & green cloth. Odo: 31,477 miles. Completely original and unrestored; purchased and almost immediately stored by two successive owners for 65 years. Rough, but everything is there. Paint oxidized, peeling and with rust spots bubbling through #35-1930 PACKARD 734 phaeton. S/N 184065. Eng. # 184072. Two-tone gray/blue cloth/blue leather. Odo: 62,745 miles. The highly desirable Packard “hot rod”—one of five 734 Speedster Phaetons known to exist, per catalog. Unadorned, without whitewalls or much brightwork, and easy to walk past if you didn’t know what it was. (I was only drawn to it after spying the new head judge at Pebble Beach give it a long, hard look.) Restored in pine” engine has nearly 2,000 thin, threaded dowels protruding from cylinders to increase cooling area. Claimed one of three remaining. Cond: 2-. SOLD AT $198,000. Interesting car and history. Bought new in Nebraska by owner of several flour mills. Oversized wheels believed fitted to increase ground clearance for navigating farm and field. Used by the mill until 1940 to power field equipment, so durability not an issue. Proven London-to-Brighton cars don’t come cheaply; well bought and sold. #104-1913 NATIONAL N 3 Series V roadster. S/N 103167321. Gray/brown leather. RHD. Needs everything, but should not be restored. Converted from a tourer to a roadster, possibly before 1920, and no later than 1935. Museum-stored until 2008 for 59 years. Rear brakes only. A National finished 7th in the inaugural Indy 500 and won the 1912 running, so the company’s racing cred was already established when this car was built. everywhere. Brightwork dull. Vinyl top cracking. Doors all shut well. Corduroy headliner/ trim still great. Cond: 4. SOLD AT $176,000. A wonderful look into the past. I saw the restored ex-Harrah Duesenberg A Phaeton sell at Bonhams in Scottsdale this past January for almost the same money ($183,000, SCM# 191611), confirming the market’s appreciation of original cars. Well sold, well bought. #12-1929 DUESENBERG MODEL J “Blue J” dual-cowl phaeton. S/N 2292. Eng. # J270. Two-tone blue/tan canvas/tan canvas. Odo: 34,077 miles. Remarkable patina, with many flaws that would be criminal to restore away. Gaps variable, brightwork badly pitted. Paint faded and splotchy, cracked everywhere. Wing windows highly delaminated, still with WWII “A” gas ration sticker, good for three gallons per week. Interior tattered. Reportedly past 10 to 15 years, still in concours condition. Brightwork, chrome, paint, upholstery all to very high standard. Multiple showings and awards at prestigious events. Cond: 1. SOLD AT $975,000. I saw this car pulled from the tent for at least three test drives. Current pricing data on this model is hard to come by, which means that they don’t often come up for sale. Originally a $900k no-sale, it later changed hands at the low estimate, suggesting it was well bought. #149-1934 CADILLAC 452D V16 Stationary Coupe. S/N 5100050. Eng. # 5776. Black/brown wool. Odo: 3,187 miles. Discovered in mid-’50s as a racing car in Illinois. Restored to extremely high standard in 2005. Small niggles include paint cracks at passenger’s door hinge and left fender at sidemount. Also, minor pitting to gauges and other interior brightwork. Exterior trim and chrome first-rate. Engraved exterior mirrors exquisite. Length and mass highlighted by tent location. Cond: 4. SOLD AT $203,500. Wicked cool, even if a similarly converted Bearcat can be had for a little more money. With a 450-ci inline four (that’s almost two liters per cylinder!), everyone in the tents knew when this baby fired up. Likely capable of speeds that would scare most people, even on our flat 102 William Pettit’s favorite car. No reserve. Cond: 4-. SOLD AT $1,980,000. A one-off, highly original car with fascinating history even before its previous purchase 58 years ago. Body originally by LeBaron, then “modernized” by Derham in 1937. With the top up, the changes come off as incongruent, but with the top down show a deft touch and unexpected harmony. Would be a wonderful collection centerpiece. Expensive, but there’s only one, and looked fair just under the $2m low estimate. One of my favorites. Cond: 2+. SOLD AT $396,000. Fleetwood built only 45 Stationary Coupes over four years, just five of which were V16s. And no wonder, with an almost 13-foot wheelbase, giant engine, only two seats and whopping $7,450 price tag. Only a few people could indulge in such an impractical car. That said, I loved it for its commanding, unapologetic “in your face” presence. Expensive, but fairly bought, in line with other V16s from the past several years. Sports Car Market

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Gooding & Co. Pebble Beach, CA #118-1935 DUESENBERG MODEL JN convertible coupe. S/N 2585. Eng. # J560. Light yellow/burgundy leather. Odo: 13,497 miles. One of 10 JNs claimed to have been produced. Coachwork by Rollston, updated by Bohman & Schwartz. Customized by Clark Gable to impress Carole Lombard; abandoned and sold upon her death. Driven on-stage with Clark Gable’s son John riding shotgun. Pretty much perfect. Paint excellent, leather sumptuous. Gauges on turned aluminum dash clear, bright. Dual spares stacked on rear. Original CC504286D. Burgundy/tan canvas/tan leather. Odo: 80,976 miles. Coachwork by Darrin. Ten-year-old restoration; 40-plus-year consignor ownership. Gaps variable, passenger’s door does not close well. Brightwork has some miles. One of 20, and reportedly one of two C3s delivered with upgraded Hemi engines. Originally painted black. Gaps even, perhaps too tight. Trim, brightwork very good. Paint to regional show standard, some cracking around engine swapped out in late ’40s. Restored by current owner in 2006. Cond: 1. NOT SOLD AT $6,400,000. What price the perfect Hollywood love story? In this case, somewhere north of $6.4m, where the bidding stopped—almost $2m higher than both the important-but-tatty Mormon Meteor race car ($4,455,000 at Gooding Pebble Beach 2004, SCM# 34644) and the immaculate-but-awkward Mae West/Ethel Mars car ($4,400,000 at RM Monterey 2007, SCM# 46244). Both the high bid and the consignor’s decision to take the car home seemed reasonable. #55-1936 AUBURN 852 SC Boattail Speedster. S/N 33914E. Eng. # GH 5267. Dark brown/taupe leather. Odo: 443 miles. Spectaculary restored and incredibly well documented. All work done in conjunction with senior ACD judge and later certified by ACD board of directors. Black paint with just a hint of dark brown comes off as ultra-dark eggplant and sparked many discussions as to its actual hue. Aside from the slightly wide front scratching, bumper chrome very good. Very shiny paint with minor orange peel, fish eyes, scratching throughout. Marbled finish on steering wheel and dash very nice, as are the well-tailored leather seats. No reserve. Cond: 2-. SOLD AT $247,500. Rakish, modern and sassy. Priced in the middle of the $200k– $275k estimate, and with values going nowhere but up, this was fairly bought. With less-than-perfect cosmetics but all the mechanicals refreshed or rebuilt less than 10 years ago, just drive it. Top up or top down, the new owner will look really cool. #8-1948 CHRYSLER TOWN & COUNTRY woodie convertible coupe. S/N 7407045. Eng. # C3964746. Polo Green & wood/green cloth/brown leather. Odo: 46,366 miles. 324-ci I8, 1-bbl, auto. Originally sold by the Pettit family Chrysler store; taken back on trade two years later—in collection since. Completely original, save for a few repainted patches; paint a bit dull overall. Wood all original, very sound and with gorgeous golden hue. Bright trim BEST BUY rear window. Appealing Art-Deco gauges, beautiful etching on metal spokes of wood steering wheel. Burgundy leather handsome, supple. Sold without reserve. Cond: 2+. SOLD AT $341,000. Color makes a big difference on these Vignale-penned cars, and the soft yellow here diminishes the visual impact of the grille (a surplus Nash installed in reverse). This car sold for $374,000 at RM Monterey in 2006 with 38 miles. Here it sold for $33k less with 27 more miles on it (SCM# 42779). Hard to value as there are so few, but cross-referencing the guides, it looks like the market is around $300k. Well sold. #113-1964 FORD GT40 prototype racer. S/N 104. Guardsman Blue/black vinyl. RHD. Second-oldest surviving GT40; first lightweight chassis. Part of first GT40 entry at Le Mans; part of first GT40 podium. Test mule for Shelby team. Driven by Miles, Bondurant, McLaren, P. Hill, Amon, Ginther, Schlesser, Attwood. Retired to FoMoCo museum duty after ’65 season, sold to private ownership in ’71, several owners since. Restoration begun in late ’70s not finished, then sold to current owner; recently finished by marque specialists hood gaps and barely discernible paint rippling, presents as perfect. Cond: 1-. SOLD AT $605,000. Even in my “performance first” adolescence, this was the car I lusted for more than any other. For now and for always, one of the most beautiful cars ever built. Clearly, the bidders were smitten too. If not a record price for an 852 Boattail Speedster, it must be pretty close. Well sold, but worth every penny. #7-1940 PACKARD 180 Super 8 Convertible Victoria. S/N 18062031. Eng. # 104 mostly good, all chrome clear with moderate scratching. Interior commensurate with age. Translucent knobs clear and bright. Factory chalk marks and inspection stickers still in place. No reserve. Cond: 3. SOLD AT $104,500. This car’s presence and honesty called to me. It’s unlikely you’d ever find one like this again, and with the great story, I was surprised this car did not make its $150k low estimate. Very well bought. #119-1953 CUNNINGHAM C3 Continental coupe. S/N 5211. Eng. # IND201008. Light yellow/burgundy leather. Odo: 65 in U.K. to better-than-race standard. Cond: 2+. SOLD AT $4,950,000. Not only a very important race car, but a significant marker in Ford history and Henry Ford II’s mission to crush Ferrari. Driven by a who’s-who of GT40 pilots, this would be a major addition to any collection. This sale, along with the GT40/ Mirage lightweight RM sold for $11m across town, is new territory for GT40 pricing. However, I believe this has more to do with the cars’ respective histories than a sea change from the $2m typically fetched. Well sold, well bought. See Collecting Thoughts on p. 60. © Sports Car Market

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RM Auctions Monterey, CA RM Auctions — Monterey 2012 RM brought out the big guns for Monterey — 37 lots had high estimates of a million dollars or more, and 20 passed that figure Company RM Auctions Date August 17–18, 2012 Location Monterey, CA Auctioneer Max Girardo Automotive lots sold/offered 105/119 Sales rate 88% Sales total $95,274,150 High sale 1968 Ford GT40 Gulf/Mirage lightweight racer, sold at $11,000,000 Buyer’s premium 10%, included in sold prices 1968 Ford GT40 Gulf/Mirage lightweight racer — sold at $11,000,000 Report and photos by Carl Bomstead Market opinions in italics 20 passed that figure, with five exceeding $5m. At the conclusion of the two-day auction, $95m worth of cars had changed hands. If Ferraris were on your mind, there were 14 from R which to choose. They ranged from a 1989 328 GTS that realized $160k to a record-setting 1955 410S Berlinetta that sold for $8.25m. A 1974 “Chairs and Flares” Dino set a record at $468k, which bested the high-water mark RM set at Amelia Island earlier this year when they sold one for $363k. The cars are so named due to the wider fender flares that were required when the 7½-inch-wide Campagnolo wheels became available and the optional Daytona-style bucket seats were installed. It is estimated that only 91 246 Dinos so equipped were sold in the United States. This year marked the 50th anniversary of the Shelby Cobra, and RM offered six. The most unusual was a 289 Mk II that was purchased from Hi-Performance Motors by a remarkable lady who owned it until her death earlier this year. It was stated that when she picked up her Shelby, the foolish salesperson said, “That’s a mighty fast car, Ma’am. Who’s going to drive it home for you?” 106 M Auctions offered a stellar selection of motorcars at their 27th Monterey event. Of the 119 cars presented, 37 had high estimates of a million dollars or more, and when the dust settled, She responded, “I am. Why do you think I bought it?” She may have added a few undocumented choice comments as well. It was stored in 1987 and recently uncovered with her sunglasses still in the glove box. It sold for $792k, and a portion of the price paid had to be for the wonderful story. The 1968 Ford GT40 Gulf/Mirage racing car achieved the top result at the auction, selling for $11m. It was the first of three lightweight racing GT40s built for the J.W.A./ Gulf team and wore their powder blue and marigold livery. It won as a Mirage in 1967 at Spa and as a GT40 at Monza in 1968. To add a little more panache to the GT40, it was used as a mobile camera car for Steve McQueen’s production of the film “Le Mans,” as the cars were filmed “at speed.” Even with the glitz of million-dollar sales, a Sales Totals few fall through the cracks, and there were still opportunities for a buy or two. A unique but improperly restored 1954 Hudson Italia realized $265k, while a 1947 Mercury woodie wagon seemed like a relative bargain at its $80k sale price. By the numbers, RM’s Monterey auction was an unqualified success. They offered 25 fewer cars than they did in 2011 but increased revenue by $17m, which is a further reflection of the current market for top-level cars at world-class venues. RM continues to excel at bringing excellent cars and qualified buyers together, and it’s hard to argue with nearly $100m in sales. ♦ $100m $80m $60m $40m $20m 0 Sports Car Market 2012 2011 2010 2009 2008 Jim Pickering

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RM Auctions Monterey, CA ENGLISH #131-1915 ROLLS-ROYCE SILVER GHOST limousine. S/N 28D. Dark olive/ black fabric/black leather & beige fabric. RHD. Odo: 4,999 km. Older restoration is showing signs of age. Original chassis, engine and coachwork. Passenger compartment finished in silk with embroidered trim work. One of about five Hamshaw-bodied R-Rs. U.S. dollars in 1953. Cond: 1-. SOLD AT $1,622,500. R Continentals have been appreciating, but this sale must set some sort of record. Expensive when new and obviously more so now. The premier post-war Bentley. #214-1955 ASTON MARTIN DB3S Interesting ownership includes duPont family and Atwater Kent. Cond: 3+. SOLD AT $561,000. An elegant and stately formal Silver Ghost limousine. Silver Ghost production spanned 18 years, and nearly 8,000 were produced. This example sold for a market-correct price, considering it will soon require some extensive updating. #149-1937 ROLLS-ROYCE PHANTOM III Aero coupe. S/N 3BU184. Eng. # W68F. Night Violet/purple leather. RHD. Odo: 1,097 km. The P-III was introduced in 1935 with the only V12 engine produced by R-R. 719 were manufactured. Rebodied design based on a 1935 rendering by J. Jortovic. Interior finished in Art Deco sunburst pattern leather. Fitted with Lalique “Chrysis” hood ornament. A sen- gine. Recently restored in Dutch racing livery. Complete with extensive paperwork and period photos. Cond: 1-. SOLD AT $3,685,000. Known racing history, distinctive Dutch racing orange and outstanding quality of restoration brought the well-deserved serious money. One of the most attractive racing bodies on an Aston Martin. Well bought and well sold. #228-1960 ASTON MARTIN DB4GT coupe. S/N DB4GT0104L. Eng. # 3700104GT. Sea Green/off-white leather. Odo: 68,941 km. The fourth GT of only 75 produced and one of only 30 in LHD. Extensive restoration in mid-1990s is starting to show age. Retains original numbers-matching engine. Fitted with Perspex headlamp covers. sational design that scored 100 points in CCCA judging. Cond: 1. SOLD AT $473,000. Rebodied cars are accepted by some car clubs and have separate “new coachwork” classes in others. If this were period coachwork, the price would be well into seven figures. As it stands, I will call this well bought, and it will cause a stir whenever it leaves the garage. #212-1953 BENTLEY R-TYPE Continental fastback. S/N BC16LA. Eng. # BCA15. Black/tan leather. Odo: 68,001 miles. Presents as near perfect, inside and out. Engine changed in 1965, but original engine reinstalled. A stunning design. Reportedly one of only 43 examples delivered in left-hand drive, one of only 24 built in 1953 when it was the world’s fastest four-seater. Cost $18,000 108 The GT is lighter and shorter than the production DB4, with rear seat eliminated. Cond: 2. SOLD AT $2,035,000. A fully documented race-bred DB4GT. Rare, desirable and a true “banker’s hot rod.” The price paid reflects the market’s interest in well-documented, significant Astons. A solid transaction. Sports Car Market America in 2007. Stated to be race-ready. Cond: 2. SOLD AT $2,530,000. An interesting piece of Bentley racing lore, but at a price. On the other hand, if you must have a Bentley Speed 8 to round out your Bentley collection, where else will you find one? A least two had to have this one, so who’s to argue? FRENCH #248-1937 PEUGEOT 402 Darl’mat Legere replica roadster. S/N 688928. Eng. # 697865. French Blue/black leather. Odo: 15,804 km. A factory-authorized reproduction racer. S/N DB3S118. Eng. # VB6K118. Dutch Racing Orange/black leather. RHD. One of 20 customer DB3Ss produced and only one fitted with factory twin-plug head. Ordered new by Dutch racing legend Hans Davids. Extensive racing history with numerous podium finishes. Retains orignal body panels, chassis and en- carburetors and roll-up windows. Service books and records included. From O’Quinn Estate. Cond: 2+. SOLD AT $66,000. This was last seen at RM’s 2007 Amelia Island sale, where it realized $96,250 (SCM# 73484), so the estate took a bit of a hit here. In today’s world, price paid was about right for an older restoration. #233-2001 BENTLEY SPEED 8 proto- type racer. S/N 0023. Green/black fabric. RHD. The Audi R8C coupe evolved into this Bentley EXP coupe. Finished 3rd at 2001 24 Hours of Le Mans. The first Bentley Speed 8 coupe built for Bentley’s brief but successful racing career. Last outing was at Road #107-1965 AUSTIN-HEALEY 3000 Mk III BJ8 convertible. S/N HBJ8L30063. Eng. # 29KRUH4789. Colorado Red/black fabric/ black vinyl. Odo: 60,395 miles. A numbersmatching example with British Motor Industry Heritage Trust certificate. Comprehensive ground-up restoration about six years back. Deep two-stage urethane respray. With twin

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RM Auctions Monterey, CA now showing a bit of age. About 30 original examples thought to still exist. Powered by 2-liter overhead-valve engine with dual carburators and Cotal 4-speed pre-select transmission. Cond: 2. SOLD AT $203,500. A striking car, but details on the car’s background were lacking, and it will require explanation whenever it is shown. RM sold a true 402 Darl’mat Legere Special Sport Roadster at their March 2011 Amelia Island sale for $522,500 (SCM# 176356), so the price paid here for a re-creation seems a bit stiff. #121-1938 TALBOT-LAGO T23 Teardrop coupe. S/N 93064. Eng. # 80572. Lago Blue/red leather. RHD. Odo: 51,977 miles. A stunning design. Restored in early ’70s by Henri Chapron. More recent extensive frame-off restoration to perfection. The sole Jeancart-style Teardrop built on the T23 4-liter chassis. Best of Show at 1938 Concours d’Elegance de l’Auto. Has frequently ap- Brass Era cars continue to attract attention, with several tours available. This example was fairly bought, under the $600k low estimate. TOP 10 No. 10 #133-1938 HORCH 853A Special roadster. S/N 854275. Eng. # 852006. Silver/black fabric/black leather & alligator. Odo: 397 miles. One of only five Special Roadsters built and only three remaining. 12,000-hour restoration performed by RM Restorations. Wonderful Circassian burled walnut door trim and dash. Winner of numer- 1,900 roadsters produced. Cond: 2. SOLD AT $814,000. The price delta between Gullwings and roadsters is narrowing, with condition being the major factor. As a solid driver, this example sold for the expected and marketcorrect money. #123-1973 PORSCHE 911 Carrera RS lightweight coupe. S/N 9113601079. Eng. # 6631054. White/black fabric. Odo: 54,475 km. The Carrera RS Lightweight was option M471, which deleted items to reduce weight, although this example has a rear window defroster and radio hookup. Paint just OK with noticeable orange peel. Leather seats with fab- ous concours awards including 2004 Pebble Beach Best of Show. A stunning automobile. Cond: 1-. SOLD AT $5,170,000. This magnificant Horch sold for a least a million dollars less than expected and should be considered a good value. But after winning everything in sight, where do you go with it? #250-1955 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980404500080. Eng. # 198098 4500090. Black/green vinyl & plaid. Odo: 81,268 miles. A magnificent restoration by premier West Coast Gullwing expert. Limited use since completion. Period-correct green vinyl and plaid seats. One of 1,371 pro- peared on the Colorado Grand. Cond: 1. SOLD AT $2,640,000. Last seen at RM’s October 2010 London sale, where it sold for $2,836,019 (SCM #167970). Prior to that it sold at RM’s Amelia Island sale for $2,145,000, where it had a different engine number and wore a darker blue livery (SCM #40982). Price paid today looked like a deal, especially after figuring in the recent expensive mechanical work. GERMAN #151-1914 MERCEDES 50 HP 7-pas- senger touring. S/N 12526. Eng. # 15509. Light blue/black fabric/brown leather. RHD. Delivered new to Argentina. Restored in the 1970s with an AACA National First in 1978. Condition as expected, with paint cracking and numerous chips. Brightwork lacks luster. duced 1954–57. Stunning. Cond: 1. SOLD AT $1,171,500. Properly restored Gullwings continue to ascend as the gold standard, with no end in sight. Seven-figure sales for stellar examples are now the norm, so price paid here looks correct for the current market. #146-1960 MERCEDES-BENZ 300SL Roadster. S/N 19804210002582. Eng. # 1989810002640. Red/tan fabric/tan leather. Odo: 75,858 miles. Purchased new by noted film producer Ned Stone Tanen, and retained until his death in 2009. Maintained in cosmetic driving condition. Original manuals, papers and tool kit included. One of about original competition specifications and an award-winner at 2009 Villa d’Este. Cond: 1-. SOLD AT $8,250,000. The only 410 S Berlinetta by Scaglietti, and it attracted serious interest from the Ferrari world. Well bought and sold. TOP 10 No. 6 #231-1956 FERRARI 250 GT Tour de France 14-louver coupe. S/N 0585GT. Eng. # 2585GT. Red/black & Brown leather interior also shows age. Stated to have recently completed Brass Tour. Cond: 3. SOLD AT $528,000. Big high-horsepower 110 white leather. Odo: 97,895 km. First of nine second-series “14-louver” cars. Appeared in 1966 film “The Love Bug.” Presents as flawless. Class award at 2011 Quail Motorsports Gathering in Carmel. Fully documented with matching numbers. Ferrari Classiche-certified. Sports Car Market ric covers. Glass from several manufacturers. Cond: 3+. SOLD AT $495,000. Last seen at Barrett-Jackson’s 2002 Scottsdale sale, where it realized $127,440 (SCM# 26884). Only driven a couple thousand very profitable miles. Carreras did well during the dip in prices over the past few years but have not shot to new highs as the market recovered. ITALIAN #117-1955 FERRARI 410 S coupe. S/N 0594CM. Eng. # 0594CM. Ivory/ blue leather. RHD. Odo: 639 miles. Only four 410 Sport racers produced. This example with one-off coachwork by Scaglietti. Limited racing history. Restored in 2001 to TOP 10 No. 5

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RM Auctions Monterey, CA seen in May 2009 at RM’s Maranello sale, where it failed to sell at a high bid of $5,500,000 (SCM# 120558). The seller was obviously right to hold onto it then, but RM sold the James Coburn 250 GT SWB Cal Spyder at their May 2008 Ferrari: Leggenda e Passione sale for $10,894,900 (SCM# 116785), and you have to think they were looking for a similar result here. I’ll call it well bought, even at $8.5m. Cond: 1-. SOLD AT $6,710,000. RM sold #1039GT at their October 2011 London sale for $3,606,400, rated in comparable condition to the one sold here (SCM# 187798). This being the earlier version, it is more desirable, but twice the price? We’ll call this well sold indeed. See the profile on p. 34. #234-1958 FIAT SERIES 306/2 Grand Prix transporter. S/N 3062001625. Shelby Blue/blue vinyl. RHD. Odo: 75 km. Recent 8,000-hour restoration. Leyland 11.5-liter engine not original to car hauler. First commissioned by Maserati as Formula One hauler. Also used by Lance Reventlow and Carroll Shelby. Featured in Steve McQueen’s movie paint, few small chips on hood. Dash worn. Original seats, new headliner. Cond: 3+. SOLD AT $137,500. These are delightful drivers, and the GT is more desirable than the GTi. But value is condition-dependent, and there is some work ahead on this one. Correctly bought and sold. “Le Mans.” Complete with a pair of Reventlow’s driving overalls. Cond: 1-. SOLD AT $990,000. A cool piece with all sorts of history, including “Le Mans” film status. Just the ticket for making a grand entrance at Monterey Historics. The Ferrari hauler at Gooding’s Pebble Beach sale last year brought the exact same $990,000 (SCM# 183088), making this sale look very much market-correct. TOP 10 No. 4 BEST BUY #240A-1962 FERRARI 250 GT SWB California Spyder. S/N 3119GT. Eng. # 3119GT. Red/tan fabric/tan leather. Odo: 5,099 miles. Said to be one of 37 covered-headlight SWB California Spyders produced. Restored in 1990s and a class-winner at Pebble shortly thereafter. Maintained in good order since. Ferrari Classiche-certified. One of the most #221-1965 FERRARI 275 GTB coupe. S/N 06681. Eng. # 06681. Rosso Corsa/black leather. Odo: 34,630 miles. Said to be one of only about 250 short-nose examples produced. History known from new, with original U.S. instruments, Borrani wires and Cologne radio. Documented low mileage. Comprehensive num body. Has distinctive 250 GTO nose and aggressive open-faced hood bulge. Subject of “Chasing Classic Cars” episode. Cond: 1-. SOLD AT $1,485,000. A stunning design that shows “what could have been.” Perfectly, correctly and authentically executed, thanks to Garrison’s incredible connections. Well bought and sold, within the $1.1m–$1.6m estimate range. #204-1967 FIAT 500F 2-dr sedan. S/N 1612935. Light blue/tan & white vinyl. Odo: 6 km. Long-term ownership in small town in Italy. Acquired in 2011 and restored by small shop in Liguria, Italy. Result exceeds factory restoration in late 1990s with Platinum award at 2004 Cavallino Classic. Includes complete books and records, along with Ferrari Classiche certification. Cond: 2+. SOLD AT $1,182,500. A stunning short-wheelbase GTB equipped with original U.S. gauges. It sold for the expected amount, so all should be happy here. attractive, functional and desirable Ferraris. Cond: 1-. SOLD AT $8,580,000. Previously 112 #239-1967 FERRARI 275 GTB/4 coupe. S/N 09523. Eng. # 09523. Blue Sera/tan leather. Odo: 24,229 miles. Only 280 275 GTB/4s produced. Matching-numbers and Ferrari Classiche certification pending. Respray in 1995 and properly maintained specifications. Cute as a box of puppies. Cond: 1-. SOLD AT $41,250. Price paid was up there for a little Fiat micro-car, but I doubt you could restore one to this level for less. Well sold. Sports Car Market #261-1962 MASERATI 3500 GT coupe. S/N AM1011954. West Indies Blue & white/blue leather. Odo: 53,930 km. Once owned by famed race driver Peter Revson. Desirable second series with 5-speed, Borranis and triple carbs. Restored to driver quality over extended period. Stress cracks starting in since, with limited use. Recently freshened. Correct spinners not installed but with car. A classic grand-touring Ferrari. Cond: 2+. SOLD AT $1,485,000. Finished in an unusual but correct shade of Blue Sera. A fresh lowmileage example of a desirable 275 GTB/4 that sold for the anticipated market-correct amount. #249-1967 FERRARI 275 GTB/4 Competizione Speciale coupe. S/N 09183. Eng. # 09183. Red/tan leather. Odo: 1,995 km. A one-off “Speciale” that was commissioned by noted Ferrari collector Greg Garrison from the remains of 275 GTB/4 #09813, found as a stripped wreck in Indiana. A new chassis was created along with a new lightweight alumi

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RM Auctions Monterey, CA #120-1974 FERRARI 246 GTS DINO “Chairs and Flares” Spyder. S/N 07908. Metallic silver/red leather. Odo: 22,867 miles. An outstanding example of a Campagnolo wheel and Daytona seat-equipped “chairs and flares” Dino. Reportedly one of only 91 U.S. examples so equipped. Recent restoration to Numerous unique features include rear opening doors and no rear fender spears. Appeared in “The Gay Divorcee,” starring Ginger Rogers. Recent restoration, but respray appears to be over existing paint. First chassisonly purchase from Duesenberg. Known ownership from new and featured in numerous publications. Cond: 1-. SOLD AT $1,897,500. A storied Duesenberg with the clean lines of a Murphy-bodied disappearing-top convertible coupe. The first of about 50 Murphy-bodied coupes. Price paid was well within reason, considering the quality of restoration and unique history. very high standard. Low miles documented to be original. Complete tool set and books and records. Cond: 1-. SOLD AT $467,500. Dinos have been gaining in popularity, and this sale raises the bar even higher. An outstanding car but at a very high price. Very well sold. AMERICAN #142-1929 DUESENBERG MODEL J sedan. S/N 2132. Eng. # J151. Dark blue/blue leather/gray leather. Odo: 4,710 miles. Older restoration still shows well. One of two sport sedans bodied by Murphy with design by Franklin Hershey. Unique “V” windshield. Fitted with second taillight. Known history and toured extensively. Minor paint and trim issues as a result of use. Handsome and timeless design. Cond: 2. SOLD AT $990,000. #232-1931 CHRYSLER CG IMPERIAL dual cowl phaeton. S/N 7802580. Light yellow/tan fabric/green leather. Odo: 153 miles. Semi-custom body by LeBaron, rumored to have early 1930s organized-crime association. Re-restored in 1995 with CCCA National First. Retains original drivetrain with optional Red Head cylinder head that adds #236-1932 PACKARD CUSTOM EIGHT Model 904 convertible. S/N 194206. Red & maroon/tan cloth/red leather. Odo: 640 miles. Re-created as Dietrich Individual Custom Eight on Model 900 Light Eight chassis. Work done to high standard in mid-1980s and well maintained since. Built with suicide doors, as Dietrich had not changed to factory forward-hinged doors. Award-winner at Pebble in late 1980s in new coachwork class. Cond: 2-. SOLD AT $313,500. There are few areas where new coachwork cars stand with their true brothers. The $400k–$450k estimate seemed aggressive, as there will always be an asterisk next to the car. Correctly bought. about 10 hp. A wonderful tour car, and with a light recommissioning will be ready for the next CCCA Grand Classic. Cond: 2. SOLD AT $363,000. An impressive Full Classic with an interesting and colorful history. The market for higher-end classics remains steady, as illustrated with this market-correct sale. #245-1931 PIERCE-ARROW MODEL Appears on numerous occasions in SCM database. First a no-sale at $484,000 at Christie’s 1991 Pebble Beach sale (SCM# 18798), and same result when bid to $500,000 at Premiere New York in 1999 (SCM# 13019). Sold by RM in March of 2000 for $522,500 (SCM# 20657). The Duesenberg market has certainly changed since then, and price paid here would be considered market-correct. #229-1929 DUESENBERG MODEL J disappearing-top convertible. S/N 2134. Eng. # J108. White/tan cloth/tan leather. Odo: 97 miles. The prototype Murphy roadster. engine installed in 2008 believed original to car. Only known Convertible Victoria and just may be the only example produced. Cond: 2+. SOLD AT $385,000. Striking and unusual livery that may not appeal to all, but it’s a Full CCCA Classic and eligible for all their activities. Price paid was closer to V12 money despite the straight eight under the hood. Well sold and bought. 114 Sports Car Market 41 Convertible Victoria. S/N 3050235. Eng. # 325760. Carmel & burgundy/tan canvas/brown leather. Odo: 8,859 miles. Restored about 10 years back. Pebble Beach Best in Class in 2008, Most Authentic Restoration at 2009 Pierce-Arrow Society meeting. Excellent paint and exterior brightwork. Interior trim a bit dull. Model 41 restoration with a few issues but still presents well. The pinnacle of Packard design. Cond: 2. SOLD AT $946,000. Packard folks argue the merits of the 1932 design compared to that of the 1933, but both are breathtaking. Price paid here was a bit light, but the restoration was aging a bit and due for a freshening. All in all, well bought. #153-1933 PACKARD SUPER EIGHT Model 1004 roadster. S/N 750980. Opal/ black fabric/red leather. Odo: 15,973 miles. Comprehensive restoration to high standard. #125-1932 PACKARD TWIN SIX Model 906 phaeton. S/N 900331. Eng. # 900362. Dark violet/tan cloth/taupe leather. Odo: 237 miles. One of only two sport phaetons produced in 1932 on 12-cyl chassis. Body swapped in the era but all reunited. Most Elegant Open Car award at Pebble Beach in 1997. Striking Dietrich “V” windshield. Older

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RM Auctions Monterey, CA Paint is single-stage acrylic enamel. Top fit is impeccable. Optional V12 bumpers installed and later 1933 non-vented side windows. Long list of well-deserved awards. Engine over-restored but flawless. Cond: 1-. SOLD AT $253,000. A high-quality Packard Super Eight finished in a color that won’t appeal to all, with engine finished to a standard the Packard factory never achieved. Overrestoration sometimes incurs a penalty, but the buyer here did not seem to mind. Well sold. #258-1934 FORD MODEL 40 Deluxe roadster. S/N 181197607. Black/tan fabric/tan leather. Odo: 6,823 miles. Older body-off restoration that still shows well. Stamped Ford markings on headlight shell crisp and clear. LeBaron Bonney leather interior. Original ample one of nine documented remaining. Restoration completed in 2005 and numerous awards since. Scored 99.75 points at most recent CCCA outing. Attractive pewter livery. Three-speed manual with overdrive. Cond: 1-. SOLD AT $341,000. A quality Darrin that sold for a market-correct price. The majority of Darrins were produced on the “Junior” 120 chassis, with 180s like this being much more desirable. fender with no welds or other signs of prior damage. Correct Ford script glass. Rumbleseat and rear spare. Cond: 2+. SOLD AT $88,000. A correct and original ’34 roadster that has not been hot-rodded or customized. Price paid was well under the money, as low six-figures would have been more in line with market. Well bought. #152-1937 CORD 812 SC Sportsman convertible. S/N 32023F. Eng. # FC2781. Maroon/tan fabric/tan leather. Odo: 2,711 miles. Factory supercharged with outside pipes. One of only 64 produced and certified by ACD Club. Pre-select 4-speed transmission. Very presentable paint and brightwork #262-1941 PACKARD 110 Deluxe woodie wagon. S/N 14632073. Maroon/black fabric/tan vinyl. Odo: 43,873 miles. Recent restoration with only minor wood replacement required. New dash plastic, glass and top, but retains original interior wood paneling. Low Darrin produced 30 cars in 1940, with just 11 or 12 being convertible sedans. This is ex- power windows appear to have an issue. Cond: 2. SOLD AT $187,000. This 1947 Sportsman was last seen at RM’s August 2009 Nick Alexander sale, where it sold for $214,500 (SCM# 147398). Seller took a bit of a haircut, as this could have easily sold for what was paid in 2009. #259-1947 MERCURY EIGHT 79M woodie wagon. S/N 1835043. Midland Maroon/black fabric/tan leather. Odo: 37,824 miles. An attractive Mercury woodie. Midland Maroon contrasts nicely with the rich mahog- any paneling. Paintwork in good order, brightwork sparkles. Cond: 1-. SOLD AT $79,750. Even at mega-million-dollar auctions, a few slip through the cracks. This could easily have sold for another $20k. BEST BUY #148-1950 MERCURY EIGHT convertible. S/N 50DA65144. Black/black fabric/ black & red leather. Odo: 74,343 miles. 255-ci V8, 2-bbl, 3-sp. Complete restoration in 2005. Early Ford V8 Club Dearborn award-winner. Paint well maintained and showing only minor signs of age. Fresh black top. Equipped with optional miles stated to be original. Deluxe bodystyle 1463 was $75 more than the Standard. Cond: 1-. SOLD AT $132,000. A low-production Packard woodie, but the One-Twenty is a bit more desirable, due to its 8-cylinder engine. This example was very well restored and sold for a market-correct number. #119-1947 FORD 79A Sportsman woodie convertible. S/N 1967487. Glade Green/black canvas/red leather. Odo: 11,840 miles. An older restoration, but still very presentable. Won Dearborn Award in 1998. Has a 4-inch Mercury crank and new Mercury cam, which provides a horsepower boost. Interior and en- has been properly maintained. Interior with minor signs of age. Engine bay very clean. Known in Cord circles as the “Richardson Cord,” due to improvements he made to the transmission. Cond: 2-. SOLD AT $310,750. A documented and correct Cord Sportsman is a big deal, and when they infrequently come to market, all seem to sell in this range. Marketcorrect. #260-1940 PACKARD SUPER EIGHT Model 1807 convertible sedan. S/N 18072015. Eng. # C500740. Pewter/silver-gray cloth/silver-gray leather. Odo: 9,026 miles. 116 gine compartment very respectable. Equipped with radio, heater and electric clock. Rear Sports Car Market overdrive and power windows. Interior finished in red and black leather. From Nick Alexander Collection. Cond: 2+. SOLD AT $82,500. These often fall victim to the customizer’s torch, but this one escaped. A slightly better example sold for $176,000 at the June 2012 Dingman sale (SCM# 201989), but it was not twice as good. This was extremely well bought. #217-1954 HUDSON ITALIA coupe. S/N IT10011. Cigarette Cream/red & white leather. Odo: 66,532 miles. 202-ci I6, 2x2-bbl, 3-sp.

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RM Auctions Monterey, CA The Hudson “dream car.” Powered by Hudson Jet Six. One of 26 built, 21 believed to remain. Restored in 2008 with numerous deficiencies evident. Side spear incorrect and front bumper cut for plating. Badges placed incorrectly. Very nice interior. Triple exhaust pipes in rear fenders, which housed brake lights, turn signals and taillights. Extremely expensive when new. Cond: 2. SOLD AT $265,000. Far rarer than the Kaiser Darrin or Nash-Healey, and much more striking. Price paid was reasonable, but if new owner wants to correct the flaws, the price will go up in a quick hurry. As it sat, a fair price to pay. #235-1960 PLYMOUTH XNR concept roadster. S/N 9999997. Red/black leather. Odo: 4 miles. 170-ci I6, 4-bbl, 3-sp. The Plymouth sports car that was never produced. Designed by (and named after) Virgil Exner. Cover car for both Motor Trend and Road and Track in 1960. Hand-formed steel body. A fully functional dream car that was capable of side-curtains. Retains Hi-Performance Motors license plate frame. Presented as found. Cond: 3-. SOLD AT $792,000. Original but once, so I hope the new owner does nothing drastic. Value is in the originality and fascinating history. How much is too much when there is no other? No problem with the price paid here, even though well above the $500k high estimate. speeds up to 152 mph. Once owned by the Shah of Iran. Restored by RM Restorations in 2011. Received class awards at both Pebble Beach and Amelia Island. Cond: 1. SOLD AT $935,000. The XNR was filmed at speeds in excess of 70 mph for auction promotional film. Price paid was in line with other historical “Dream Car” sales, so all is well with the world here. As a plus, you can actually drive this one! #114-1965 SHELBY COBRA roadster. S/N CSX3014. Red/black leather. Odo: 2,669 miles. 427-ci V8, 4-bbl, 4-sp. One of just 19 “production” full competition 427 Cobras. Camera car for film “Grand Prix” starring James Garner. SCCA Regional champion in 1968 driven by Dick Terrell. Recent restora- #134-1965 SHELBY GT350 R coupe. S/N SFM5R106. Eng. # 52127. Wimbledon White/black vinyl. Odo: 4,861 miles. 289-ci V8, 4-bbl, 4-sp. One of 36 competition R-codes produced, depending on your source. R-codes had fiberglass lower apron, larger radiator and gas tank and engine tweaks to produce 350 horsepower, among other modifications. Extensive documented race history. Retains original Plexiglas window and drive- #118-1965 SHELBY COBRA Mk II roadster. S/N CSX2356. Red/red leather. Odo: 38,762 miles. 289-ci V8, 4-bbl, 4-sp. A documented, very original Cobra owned by an adventurous lady from new. Respray and new seats in 1970s. Stored in 1987 and not started since. Complete with factory hard top and the lowest-mileage GT40 in existence. That adds up to some serious money, but driving the car will be like throwing thousand-dollar bills out the window. Well sold, above the $2.7m high estimate. #141-1968 CHEVROLET CORVETTE SCCA racer. S/N OCFTPI00268. Red & white/black vinyl. 427-ci 685-hp V8, 4-bbl, 4-sp. Thompson/DeLorenzo L88 Corvette team car sponsored by Owens Corning Corporation. Restored in 2000 and presented at 2002 Monterey Historics. Multiple SCCA championships. Featured in numerous magazine articles. Fully documented with known ownership from new. Cond: 3+. NOT SOLD AT $730,000. As an historic fully documented racing Corvette, this L88 pushes all the buttons. Is it worth seven figures? Not on this day. train. Correct indicated miles. Owned and raced by first owner for 21 years. Cond: 2. SOLD AT $990,000. Restored by consignor to original configuration. Complete with original paperwork and period photos. Adult money for a Shelby GT350, but the competition versions are rare, and this example was highly documented and properly restored. Market-correct transaction. tion to high standard using original components. Stated to have never been in serious accident. Cond: 1-. SOLD AT $1,485,000. Rare, loaded with racing history and restored to the highest level, resulting in a well deserved winning bid right at the bottom of the $1.5m–$1.8m estimate range. Sounds fair to me. 118 #226-1967 FORD GT40 Mk I coupe. S/N P1059. Eng. # SGT20. White & blue/black leather. RHD. Odo: 4,750 miles. 289-ci V8, 4x2-bbl, 5-sp. Said to be one of just 133 GT40s produced and one of only 31 production cars equipped as road car. Two private owners from new. Respray in 1985 shows a few nicks and bruises. Amazing low miles stated to be correct. Complete with original Borrani wires. Properly preserved and extremely well documented. Cond: 2-. SOLD AT $2,860,000. A time capsule and most likely #139-1968 FORD GT40 racer. S/N P1074. Powder blue & marigold/black fabric. 289-ci V8, 4x2-bbl, 5-sp. Born as Mirage M10003 and won Spa in May of 1967. Converted to Group 4 GT40 specifications in 1968. First lightweight built for J.W.A. Gulf team. Won Monza 1000 shortly thereafter. Leased to McQueen Solar TOP 10 No. 3 Productions and used as camera car in “Le Mans.” Restored in 2001, Best in Class at Amelia Island 2009. Cond: 1-. SOLD AT $11,000,000. Loaded with history, and the interesting McQueen connection makes for big money. Fully documented and complete with 1967 Mirage bodywork. Hard to get your head around $11m for a race car, however. Well sold. See the profile on p. 46. © Sports Car Market

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Mecum Auctions Monterey, CA Mecum Monterey 2012 As it did during the 1972 Can-Am season, the L&M 917 utterly dominated all others here, selling for $5.8m Company Mecum Auctions Date August 16–18, 2012 Location Monterey, CA Auctioneers Mark Delzell, Mike Hagerman, Jim Landis, Bobby McGlothlen, Matt Moravec Automotive lots sold/offered 341/570 Sales rate 60% Sales total $30,844,850 High sale 1972 Porsche 917/10 L&M Can-Am racer, sold at $5,830,000 1972 Porsche 917/10 L&M Can-Am racer — $5,830,000 Buyer’s premium $300 up to $5,499; $500 for $5,500 to $9,999; 6% thereafter, included in sold prices Report and photos by B. Mitchell Carlson Motorcycles by Somer Hooker Market opinions in italics M ecum is the newest player on the Monterey auction circuit, but they’ve come a long way since their first sale here in 2009. In fact, due to both volume and some significant sales, Mecum was the third-largest player in Monterey this year, with almost $31m in total sales. This year, they attracted some very high-caliber cars. In addition to having the 1972 L&M-sponsored Penske team 917, a number of significant street and race Porsches were also consigned. As it did during the 1972 Can-Am Season, the L&M 917 utterly dominated all others, upon meeting the reserve and selling for the high sale of $5.8m. This was $3.8m more than the next highest sale — the oldest known Simplex. That car — dating from 1908 — was perhaps the biggest surprise of the weekend, as no one really thought it would crack two million bucks. In addition to the cars, Lot S150 was unique in itself. The lot consisted of a group of 71 MV Agusta motorcycles, which was claimed to be the only complete collection of any post-war manufacturer. While there was significant interest at $800k bid, that didn’t prove to be enough to make them — and the rights to “The MV Agusta Collection LLC” — change hands. 120 Mecum really pulled out all the stops with their special catalogs for the L&M 917 and MV Agusta Collection. To say the least, I am very impressed with each one — especially the 917 book — as it was not just a description of the car, but a well-written capsule of the 1972 Can-Am season with the L&M 917 as a focal point. Both books will far surpass their value as auction catalogs in the future, thanks to the historical information they contain. As an automotive historian, this is one trend I certainly hope to see continue and flourish. As always, Mecum provided a great mix of both affordable and top-level consign- ments. Good buys included a 1967 Chevrolet Camaro RS/SS with a fresh restoration that made $26k, as well as a concours-ready 1954 AustinHealey 100-4 at $48k and a 1987 BMW M6 with amazing original paint, which actually seemed like quite the fair deal at $16k. Mecum has done an excellent job of solidify- ing itself as a strong Monterey contender among the long-established auctions in the area. And in the few short years the company has held this auction, it’s worked hard to corner the market on affordable Monterey consignments and has taken a big bite out of the high-level segment as well. With almost $31m worth of cars sold, it’s hard to consider this event anything other than a resounding success. ♦ Sales Totals $30m $25m $20m $15m $10m $5m 0 2012 2011 2010 2009 Sports Car Market

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Mecum Auctions Monterey, CA AUSTRIAN #F208-1973 STEYR-PUCH PINZGAUER 712M military vehicle. S/N 4750627. OD green/OD green vinyl/tan cloth. Odo: 1,585 miles. Refurbished and mildly customized for celebrity owner after U.S. importation, including racing-style bucket seats, Mile Marker electric winch on custom tube front bumper, modern electronic speedo/tach in mph, wider civilian tires, plus revised gear- #S126-1955 VINCENT BLACK KNIGHT prototype motorcycle. S/N F10AB210588. Eng. # RD12488F. Black/ black. Odo: 48,383 miles. The prototype shown at the Earls Court Motor Show, said to be the first of 101 produced. Tired-butphotogenic bike that looks better in pictures than in person. Frame chrome-plated at some nice for a driver, and refreshing to see one without enough grille badges to make a Lincoln Town Car’s front end sag. Since TFs are the closest thing to a civilized MG with running boards, we’ve seen interest start to wake up a bit lately, making this strong price look rather realistic. #T133-1955 AJS 18CS Scrambler motor- ing for highway use. Depot overhaul-grade repaint. Undercoated when refurbished, now showing heavier off-road use. Light seal weeping on all three differential cases. Cond: 3+. SOLD AT $28,620. Production of this cult-status military-spec truck ran 1971–85, with 18,349 first-gen 710 (4x4) and 712 (6x6) variants. They were mainly used by the U.K., Switzerland and its native Austria. Cut loose after the reserve was met at $25k. Well sold. ENGLISH #T54-1954 AUSTIN-HEALEY 100-4 roadster. S/N 150976. Red/black vinyl/black leather. Odo: 8 miles. Recent concours-quality restoration. Better body prep and paint application than possible when new. Panel gaps and fit better than original but not perfect. Appropriately replated brightwork. Periodaccessory light bar with two Lucas driving platform competition magneto in the right shade of gold. Sold on Bill of Sale. Cond: 2+. SOLD AT $9,500. Well bought. Even though this was in the stripped-down Scrambler configuration, it was an alloy long-stroke single. A BSA Goldstar in similar configuration would fetch 30% more. #T76-1955 DOUGLAS DRAGONFLY motorcycle. S/N 11646. Eng. # 11646. Ivory/black. Odo: 3,820 miles. Pretty original bike. Low miles, but suffered a poor repaint. The original ivory shade turned chalky when it faded. May have aftermarket switches, but still lamps and one grille badge. Cond: 1-. SOLD AT $47,700. The early Healeys didn’t spike up as far as the later Big Healeys did a few years ago—nor go plummeting down as hard either. Market price for one worth chasing down. #S159-1954 MG TF roadster. S/N HDB461044. Red/black vinyl/red leather. Odo: 1,857 miles. Older and still tidy overall restoration. Pleasing repaint with a few light polishing swirls. Chrome starting to show light tarnishing and pitting. Recent brakes, lines, hoses. Light seat-leather wrinkling. Light wear on aftermarket wood steering wheel, with off-center hub. Cond: 3+. SOLD AT $29,680. Far from a show car, but rather 122 Non-stock seat upholstery work, but expertly done and only minimally worn. 1970s British Leyland sport steering wheel, with leatherette rim and matching seat bolsters. Cond: 3+. NOT SOLD AT $15,500. Swapping out the stock 948-cc mill for a 1,275 was rather common back when they were dirt-cheap used cars in the 1960s and ’70s. Top bid looked generous by at least $5k. has rare “red dot” amp-meter, which was known to melt. Wear on chrome shocks. Cond: 3-. NOT SOLD AT $6,000. Not widely seen in the states, “Dougies” don’t set the world on fire these days. Probably about market for this. #S39-1969 MGC GT coupe. S/N GCD1U8178G. Black/black leather. Odo: 719 miles. Near concours-quality restoration within last decade. Excellent prep and paint, all plating redone or replaced. Most glass is modern replacement. Modern headlights. Near show-quality detailing under the hood. Sports Car Market cycle. S/N 5518S1988C. Eng. # 16117. Black/ black. Nice alloy-engined AJS with some rare bits on it. Has Jampot shocks, so called because of their shape. Also has a rare Lucas point, along with numerous cycle parts. Lots of crazing in the bodywork indicates it could be original. Correct instruments. Cond: 3-. NOT SOLD AT $90,000. Only 250 enclosed bikes were built by Vincent in 1955, and they lost money on every one. I know of another that sold last year at The Quail for $100kplus. Cosmetically this wasn’t near as nice, but it had significance and documentation. Market-correct offer. #T167-1960 AUSTIN-HEALEY SPRITE roadster. S/N AN5L34915. Light gold metallic/ beige vinyl/two-tone beige vinyl. Odo: 39,898 miles. N.O.M. 1,275-cc motor with Weber side-draft carb and tube header. Also fitted with Midget disc brakes. Newer, justbetter-than-average repaint, including the knockoff wire wheels with dinged-up rims.

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Mecum Auctions Monterey, CA Authentically reupholstered interior, with the occasional off-fitting seam to look authentic. pacted padding. Carpet attachment coming loose at both toe boards, but overall in good condition. Optional a/c, AM/FM radio, automatic. Cond: 3+. SOLD AT $39,750. If you could stomach the color, this wasn’t a bad deal. Being a California car (owned in Beverly Hills) was more positive leverage than the slushbox and color’s negative leverage. FRENCH Radio-delete plate in re-covered dashboard. Cond: 2+. SOLD AT $46,640. Sold last year at RM’s Plymouth sale for $29,700 (SCM# 183251) and before that at their ’07 Amelia Island auction for $22,000 (SCM# 44618). This was well enough done and unique enough that it elicited positive comments even from dealers who specialized in pickup trucks, who figured (as I did) that it was a $25k car. So much for my opinion! Well sold. #S142-1971 MCLAREN M8E Can-Am racer. S/N N/A. McLaren Yellow/black vinyl. RHD. Keith Black-built aluminum Chevrolet big-block fitted with Lucas timed fuel injection, per original. Restored in 1980s and vintage-raced since. Bodywork and paint look pretty good at first glance, but heavier chipping on all panel edges from servicing the car over the years. Regularly maintained and updated, with newer fuel and oil lines along with #S96-1960 FACEL VEGA HK500 coupe. S/N BE5X. White/black leather. Odo: 56,219 miles. Recently repainted, due mostly to the repair of a dented roof. Buffed-out chrome still has a dull sheen. Windshield delam at edges. Seats are starting to seam-separate, but no tears. Older wood refinishing holding up well. 1980s Blaupunkt radio. Topical enginebay cleanup while it got new belts, hoses, clamps, battery, and ignition wiring. Recently this could be considered a bit low for a Gullwing just out of concours duty but almost too nice to drive. Well bought. #F190-1964 PORSCHE 356C coupe. S/N 218689. Red/tan leather. Odo: 9,216 miles. Miles believed actual. Authentically repainted in original hue, reusing most of the originalbut-lightly-frosted brightwork. Most glass is new replacement, including the windshield. Period-accessory headlight guards and fog lamps—which seem aimed too low to be prac- tical. Expert reupholstery work. Becker Europa multi-band radio. Very tidy engine bay. Cond: 2-. SOLD AT $51,940. If the miles were real, this was a steal — if not, then well sold. But why would you repaint, reupholster, and put new glass in a car with fewer than 10,000 miles? You be the judge. applied quick shot of undercoating. Cond: 3. SOLD AT $73,140. Last seen in January at the Silver Ft. McDowell auction, where it reportedly sold for a whopping $93,960 postblock (SCM# 192449). Now with money invested in a roof repair, repaint and better prep, the discounted price today nonetheless looked market-correct. GERMAN a new Simpson seat harness. Cond: 3+. NOT SOLD AT $135,000. This car originally crashed in qualifiers at Laguna Seca while being driven by Vic Elford. He drove it in later years on the vintage-racing circuit. With quite a few Can-Am cars here, one would figure that this would do better, but then again, the M8Es were mostly run by privateers and not the McLaren team, so there’s a bit less interest. #F111-1974 JAGUAR XKE convertible. S/N UE1S25381. Light pea green/black vinyl/ green leather. Odo: 32,615 miles. Claimed generally original except for recent trim-off repaint, miles actual. Said trim has held up quite well and retains a good shine. Typical heavily wrinkled leather seats due to com- With optional fitted luggage and Becker multiband radio. Runs out quite well, lighting right off from a cold or warm start. Cond: 2-. SOLD AT $675,000. The bidding was going well until it ran aground at $675k. Declared a no-sale rolling off the block, it was later reported sold at the high bid. In today’s market, 124 #S128-1956 MERCEDES-BENZ 300SL Gullwing coupe. S/N 5500637. Red/black leather. Odo: 53,941 miles. Rather good recent body prep and color-change repaint from original white. A few installation miscues on some weatherseals. Bumper replate flashier than original, window trim rather dull. Very tidy under the hood. Minimal wear on the newer seat redo. BEST BUY and graphics. Powertrain and chassis components tidy enough, but it’s certainly not a show queen. Cond: 2-. SOLD AT $5,830,000. When most folks think of a Porsche 917, this is exactly what pops into their minds. Initially developed and run in its first race by Mark Donohue, then by George Follmer. This car absolutely dominated most of the 1972 Can-Am season. The reserve was met at the $5.5m mark, for not only the high sale of the event, but the second-biggest sale in Mecum’s history. See the profile on p. 50. #T212-1973 BMW 3.0 CSL coupe. S/N 2275396. Silver/black cloth. Odo: 30,962 km. Euro-spec car, with import decal in door jamb but side-marker lights not added. Sold new in Verona, Italy. Restored in 2004 after importation. Good engine-out repaint, with trim and stripes masked-off well. Motor tidied but not concours. Converted to Petronix electronic ignition, fitted with 5-speed gearbox, original 4-speed included. Minimal wear on the authentic Scheel seats. Alpina wood shift knob atop the correct zippered leather shift boot. Sports Car Market #S123-1972 PORSCHE 917/10 Can-Am racer. S/N 91710003. White/black cloth. RHD. Restored within past decade to original 1972 team Penske/L&M configuration as raced by George Follmer in the 1972 Can-Am season, with updated safety equipment. Vintage-raceready, having last run earlier this year at Laguna Seca. Gleaming and authentic paint TOP 10 No. 9

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Mecum Auctions Monterey, CA Radio not installed. Excellent interior wood. Cond: 2-. NOT SOLD AT $90,000. The consignor highlighted that this car was retrofitted with manual steering. Having my own E9, I’ll stick to the power-assisted unit, as it has good feedback, and I don’t need a school-bus steering wheel to park it. CSL prices—and indeed all E9-series BMW coupes—seem to have stabilized after a meteoric rise in values over the past four years. Before then, $35k would’ve been the end of the world for this car. Today, the $90k offered wasn’t far out of line. #S157-1973 PORSCHE 911 Carrera RS lightweight coupe. S/N 9113601210. White/ black cloth. Odo: 75,036 km. Restored to concours condition in Germany with original motor redone by none other than Porsche tuning specialist Ruf. Superb bare-body repaint on all surfaces inside and out. Signed by Derek Bell. Noticeable wear and aging of steering wheel center pad and leather rim. Somewhat sloppy glue application on door seals. Show-quality undercarriage and engine compartment detailing. Newer Pirelli P6000s mal wear. Well-kept motor. On stock Fuchs. Cond: 3+. SOLD AT $96,460. For the “man on the street,” this seemed like big money for a used 911S, but for the Porsche faithful, this was worth pursuing—if not a decent buy. #S92-1980 BMW M1 coupe. S/N WBS59910004301360. Red/black & white vinyl & cloth. Odo: 2,308 km. Recently imported under the rolling 25-year DOT and EPA waivers, so it remains European-spec, as it has not been federalized. (Cannot be licensed in California.) Car claimed mostly original with actual kilometers showing. Well-cared-for paint is original, as there are no signs of masking around the dry-rotting seals. Interior hardly worn, carpets lightly soiled. Cond: 3+. leather, but slightly darker than rest of interior. Replacement leather for the heavily worn but not torn passenger’s seat is included. Very well maintained and cleaned under the hood. Optional power sunroof. Optional self-leveling suspension converted to sport springs and Bilstein shocks. Aftermarket plus-one size alloys. Cond: 3. SOLD AT $15,900. There’s an ever-increasing number of Shark fans who are seeking out unmessed-with M6s as keepers rather than autocross or track rats. Even to those on the outside, for this kind of coin, a well-styled coupe with a race-bred 4-valveper-cylinder OHC engine with 25 more horses that a Corvette from the same model year doesn’t look like a bad deal. ITALIAN #S150-MV AGUSTA COLLECTION. 71 MV Agustas, covering the gambit from moped to GP racer, 50-cc to 1000-cc. Most bikes in excellent original or restored condition. Said to be the most comprehensive collection of MV Agustas in the world. Includes display and promotional materials, the MV Agusta Collection Facebook page and www.theMVagustacollection.com url. NOT SOLD AT $800,000. Bidding stalled shy of the estimated on the original 15-inch Fuchs. Cond: 1-. SOLD AT $498,200. One of 200 real-deal Carrera RS lightweights, which, aside from essentially being a factory-built race car, introduced the “duck tail” spoiler. Bidding was rather casual until the reserve was lifted at $380k, then it took off like this car out of Bergwerk on the Nürburgring. Considering that your only other choice this weekend was an original example downtown at RM for $495k (Lot 123, SCM# 209658), we’ll call this a spot-on market price. #S114-1973 PORSCHE 911S coupe. S/N 9113301276. Baikal Blue Metallic/black leather. Odo: 54,589 miles. Complete history, originally owned and used extensively by Al Holbert, the three-time winner at Le Mans in the Rothman’s Porsche 956 and five-time champion in North American IMS GTP in the Löwenbräu Porsche 962. Older restoration, some paint cracking on the rear license-plate panel. Aftermarket oil cooler mounted up front, with rubber feeder lines routed close to passenger’s rocker panel. Good original brightwork. Reupholstered seats show mini- 126 SOLD AT $196,100. As an M1 fan since day one, I knew that the windshield card stating “built by BMW & Lamborghini collectively” was incorrect. Lambo’s poor financial health delayed the joint project to the point that the racing-spec car was no longer viable for competition by the time it went into production, assembled by Baur of Stuttgart. While this price looked like all the money in the world, low miles and exemption from smog gizmos— papally blessed by the feds, to boot—garnered a slight premium. Well bought and sold. #T162-1987 BMW M6 coupe. S/N WBAEE1408H2560532. Red/white leather. Odo: 131,392 miles. Claimed all-original paint in exceptional condition for being a quarter-century old. Cracking on the rubber lip of rear spoiler. Windshield has a few rock chips. Reupholstered driver’s seat in original-type $1m reserve. It must be tough selling 71 motorcycles for one money, so to speak. Given the range here, it was more of a gumbo of flavors, with an exciting 125 Bialbero GP bike at the top of the heap, and a bunch of 750 fours forming another tier. The seller said you could part the collection out for $1.5m, but considering the limited market for such a huge offering, the high bid was probably realistic. #S97-1954 FERRARI 750 MONZA Competition spider. S/N 0462MD. Red/blue cloth. RHD. Owned and campaigned by Joe Kelly of Ireland, sold a year later to Jaguar, then to team driver and 1951 Le Mans-winner Peter Whitehead in 1955, then to Jack Brabham, who ran it in Australia until 1959. Now powered by 3-liter competition engine, with numbers-matching engine and rebuilt spare gearbox included (not a bad plan, as the race history is rife with DNFs due to gearbox failure). Presentable yet cracking older repaint, with the older bodywork starting to show Sports Car Market

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Mecum Auctions Monterey, CA panel joint rivets beneath it. Sold on a Bill of Sale. Cond: 3. NOT SOLD AT $2,800,000. Across the block, bidding died at $2.8m, where it was declared, “We are close.” Post-event on Mecum’s website, it was listed at a high bid of $3.2m. Either offer would have been very fair a year ago. Today, apparently not. #S95-1966 FERRARI 275 GTB alloy coupe. S/N 08143. Red/black leather. Odo: 10,452 km. Originally silver when sold new in Rome. Red by 1974. Refurbished within past year after consignor purchased it, including engine rebuild by the same shop that did it the last time. Recent refresh was of sufficient quality to win the 1960–73 Sports Car category at the most recent Concours d’Elegance Giulia coupes to get for less money and upkeep hassle than this. #T204-1971 FIAT 500 L 2-dr sedan. S/N 2476400. Blue/black vinyl sunroof/red vinyl. Odo: 1,054 km. European-spec car, rotisserie restored. Better-than-expected bare-body repaint, but no concours-winner. Replated bumpers and trim. Doors don’t latch well, probably due to new seals. Light fading on vinyl sunroof. Near show-quality engine compartment, with repro tags on motor. All-new interior vinyl, but door panels and seats do not match. good vacuuming. Boot kept closed, unable to inspect top. On chromed Borrani wire wheels shod with correct Michelin X radials. Cond: 2. SOLD AT $1,113,000. Was here at Mecum last year, having sold for $1,050,000 (SCM# 165752)—exactly the hammer price here. The consignor rightly figured that at one of the best weekends in the world to sell a real Daytona Spyder, this was the market. #T207-1974 MOTO GUZZI V-7 SPORT motorcycle. S/N 34008. Eng. # 34008. Black/black. Odo: 26,437 miles. Nicely restored, with a few deviations from stock. Now dual-plugged to meet the challenges of today’s gas with yesterday’s high-compression pistons. Wrong mufflers instead of the “shark of Texas. Includes original manuals, tool roll, alloy wheels; also includes four Boranni wire wheels in the original boxes. Marcel Massini Report displayed with car. Cond: 2. NOT SOLD AT $1,100,000. Bidding started at $750k, then died off at $1.1m. High bid was about market-correct for an alloy car, but with Ferrari values seemingly skyrocketing, the owner thinks he can be picky about offers. #T163-1971 ALFA ROMEO MONTREAL coupe. S/N AR1425271. White/black leather. Odo: 18,845 km. Indicated km believed actual since new. Very good repaint with only light overspray on the cowl grille and nary a masking line found. Good original brightwork. Light emblem fading front and rear. Newer hood seals, cut to fit. Generally original engine bay, with light yellowing on all plastic components. Well-kept original interior, with moderate carpet wear and light seat aging. Pull-out Pioneer tape Newer radials and repro hubcaps on the stock steel rims. Cond: 3+. SOLD AT $9,750. Last seen at Auctions America Spring Auburn auction, where it was a post-block sale for $12,000 (SCM# 202244), so well bought today, but these are like post-1967 Minis. Exactly none were officially imported to the U.S. in 1971, so if you can finagle a title out of your local DMV, more power to you. #S83-1972 DETOMASO PANTERA coupe. S/N THPNMA02993. Grabber Blue/ black vinyl. Odo: 18,927 miles. One-owner car until September of last year, with most documentation from new. Claimed all-original, including paint, which has enough minor imperfections to be believable. Door seals starting to show cracks and the occasional missing gill” Lafranconis. Starter has been changed. Later dual disc brakes aren’t as sexy as the big drum brake, but are more effective. Cond: 2. SOLD AT $7,500. Well bought. These are limited-production bikes, and the correct mufflers can set you back another $1,000, but the ones on the bike should have a nice mellow tone. #F120-1981 FERRARI 512 BB coupe. S/N F102BB38385. Black/tan & black leather. Odo: 18,017 miles. Claimed engine-out service in 2009, but smokes pretty badly most of the time. Also claimed that the indicated miles are actual. Paint has few light chips on panel edges, but presents well. Euro-spec front sidemarker lights only, with late-production ex- deck in place of stock radio. Cond: 3+. SOLD AT $38,160. One of the few cars that makes me pine for a Fiat X1/9. An oddball Alfa with a unique motor that was never officially imported to the U.S. (not that parts support is worth a damn anywhere else, mind you), with quirky looks to boot. I suppose if you’re an Alfa collector and needed to tick that box, this would be a decent example. But for an Alfa novice, there are far too many better looking 128 chunk. Missing door-lock plungers. Becker Europa multi-band radio, with aftermarket speakers with crudely installed vinyl covers. Cond: 3+. SOLD AT $63,600. Last seen at Mecum’s Kissimmee auction in January, not selling against a $52,500 bid (SCM# 192883). The seller got his $55k reserve today and then some. Even with the originality and low miles, very well sold. #S151-1972 FERRARI 365 GTS Daytona Spyder. S/N 14857. Ferrari Red/ black/black leather. Odo: 21,185 miles. Miles believed actual. Car has been restored multiple times. High-quality bare-body repaint. Very tidy engine bay. Light wrinkling of seat leather. Carpet edges curling, could use a posed fog lamps. Corroded gas cap. Well preserved original interior, with glossy driver’s seat. Cond: 3. NOT SOLD AT $97,500. This Ferrari has been to more Mecum auctions in the past year than me (almost), including a no-sale right here in 2011 at a high bid of $115k (SCM# 184919). At least I quit smoking several decades ago. Sports Car Market

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Mecum Auctions Monterey, CA JAPANESE #T210-1969 TOYOTA LAND CRUISER SUV. S/N FJ4065833. Gunmetal metallic & white/black vinyl. Odo: 8,188 miles. Repowered several decades ago with a Chevy 327 V8; conversion is more purposeful than polished under the hood. Recent repaint, with rear fender flares added. Frosted original turnsignal lenses. 1960 Chevy Bowtie on grille. Two-inch square channel tubing vertically welded to front bumper. Plainly reupholstered death over the past 40 winters. Bid to the market, if not a touch generous for the title issue. AMERICAN #S101-1908 SIMPLEX 50 speedster. S/N 0850211. Maroon & red/black leather. RHD. Odo: 17 miles. Recently concours-quality restoration. Vastly better body-panel prep and paintwork than technically possible 104 years ago. All brass excellent and polished to high luster. T-head 4-cylinder rebuilt and punched out from 587 ci to 600, with new crankcase cast for it. Exhaust authoritatively cacophonic. DeHaven, but no proof presented. Redo five years ago was more a cosmetic nip-and-tuck than a full restoration. Decent repaint in claimed original color. Reupholstered Carson- type hardtop. Wavy chrome, recently covered on rear bumper corner by a promotional bumper sticker for a movie about the car’s builder. Cheap-looking seat upholstery. Much artistic license taken under the hood. Cond: 3+. SOLD AT $79,500. Last seen at RM’s 2010 Amelia Island sale, selling for $66,000 with only seven miles on the clock (SCM# 159896). Not getting any better or much worse since then, just apparently worth more. seats front and back. Stereo and speaker pod added, various gauges under the dash. Shift levers are padded with copious amounts of electrical tape. Cond: 3. NOT SOLD AT $11,000. With Land Crusher prices going though the roof, real off-roaders may have some concern that their trucks will be worth too much to go trail-bashing with. As long as there are examples like this left, that won’t be a problem. Appropriately bid. SWEDISH #T213-1973 SAAB SONETT III coupe. S/N 97735002215. Sunburst Orange/orange & brown cloth & vinyl. Odo: 22,054 miles. Salvage title. Good glass-in repaint, with a nearly wave-free body. Windshield seal has some dry-rotting. Original, serviceable brightwork. Slightly corroded original wheels. Fully restored interior, with abundant orange cloth and vinyl leaving no doubt that this is a child of the 1970s. CD player under glovebox, original radio intact. Tidy engine bay. Sloppy Authentically reupholstered seats show no wear. Dual chain drive barely lubricated enough to function, but not greasy. Periodaccessory Warner speedometer and chronometer. Cond: 1-. SOLD AT $2,014,000. Reportedly the oldest known Simplex in existence. Stunningly well prepared, and spirited bidding pushed it to a stunning result. The hands-down surprise of the auction. Well sold. #S155-1930 DUESENBERG MODEL J LWB limousine. S/N 2402. Eng. # J306. Twotone green/tan leather. Odo: 29,155 miles. ACD-certified Category 1. Original body and frame. Factory-replacement engine, as original motor was defective. Old restoration likely performed at least three decades ago. Paint presentable from 10 feet, but has several large chips touched up less than professionally. Brightwork dulling but not out of character. #S139-1965 SHELBY COBRA roadster. S/N CSX2428. Blue metallic/black vinyl/black leather. Odo: 25,944 miles. 289-ci V8, 2x4bbl, 4-sp. Relatively heavily optioned, with dual quad induction, clock, chrome knockoff wire wheels, plus hard and soft tops. Restored within past decade, topped off by a good repaint. Light wrinkling on reupholstered seats. Very tidy under the hood; most of fuel line is rubber hose rather than the original hard steel tubing. Cond: 2. SOLD AT $636,000. Considering that you had to pay an extra $110k down on the waterfront at Russo for a red version of basically the same car (Lot S649, SCM# 209569), I’d call this a decent buy. #S134-1970 FORD MUSTANG Boss 302 rattle-can touch-up on undercarriage. Cond: 3+. NOT SOLD AT $16,000. Some believe pre-GM Saabs will start escalating in value since the company was put to sleep. However, one could make the argument that values have been slowly going up since GM tried to turn them into a European Pontiac. If you were to grab a Saab as a collectible, this would be the model to get. Then again, try finding a 99EMS that isn’t rusted out and already driven to 130 Interior leather discolored in places from contact with adjacent metal fittings. Skewed odometer digits don’t line up. Cond: 3-. NOT SOLD AT $350,000. A very realistic bid. While most Dueseys are in the million-dollar club, formal sedans definitely are not. At least this one hadn’t been turned into some fantasy body creation, so I won’t knock the tired condition too badly. Not that a restoration would hurt, as the finishes aren’t original anyway. #F110-1953 MUNTZ JET convertible. S/N DR141664CAL. Indian Ceramic/black cloth hard top/white vinyl. Odo: 183 miles. 365-ci V8, 2x4-bbl, auto. Assigned California VIN, original serial number being 52M5053. Claimed originally owned by actress Gloria Sports Car Market Trans Am racer. S/N 18159. Grabber Orange/ black vinyl. 302-ci V8, 4-bbl, 4-sp. Does not have a Ford VIN, as it was one of three built by Bud Moore from shells for the 1971 race season. Most recent restoration in 1995, but likely was freshened up, as it appeared at this year’s Amelia Island Concours. Undercarriage, front superstructure, trunk, and interior all painted gray with white spatter paint, and still

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Mecum Auctions Monterey, CA concours-ready. Squeaky-clean engine. Signed by George Follmer (driver #15 companion car). Cond: 2+. NOT SOLD AT $300,000 . Originally driven by Peter Gregg, and restored back to this confi guration, this car had three podium fi nishes during the 1971 Trans Am season. I last saw it at the vintage races at Elkhart Lake about six years ago, where it was a regular attendee for about four years. Stated on the block that it was going to take about $400k to get it sold, so I’ll look for it again next year out in the paddock at Road America. # S148 - 1970 OLDSMOBILE 442 W-30 convertible . S/N 344670M415111. White & gold/ gold vinyl/ brown vinyl . Odo: 61,579 miles. 455-ci V8, 4-bbl, auto. Heavily optioned, including W-30, a/c, power windows and more. Provenance verifi cation from GM Heritage Center confi rms factory spec except ance, with the Offenhauser motor “freshened between various owners and reconfi gured to be kept current. A “one-hit wonder” like this is rather unique. With the L&M Porsche 917 at this auction, it seemed like the perfect place to sell, but it was not to be. # T187 - 1977 INTERNATIONAL SCOUT up” recently. Excellent paint and hand-lettering, with no track rash. Track-seasoned Goodyears at all four corners. Cond: 3+. NOT SOLD AT $225,000 . On display at the Granatelli museum in California, where it mostly stayed until recently. It was stated while being pushed off the block that it would take closer to $300k to get it bought here. # S129 - 1974 SHADOW DN4 Can-Am for color change from Galleon Gold. Concours-quality restoration a few years back now shows some light wear. Cond: 2. SOLD AT $82,150 . While very few 442s were stripper specials, this one in particular was loaded to the gills, leading one to wonder if it was a dealer demo car or a GM executive car. A fair price, considering that it’s approaching driver status. # S190 - 1972 AAR EAGLE USAC Indy racer . S/N AAR72019. Day-glo orange/ black vinyl . MHD. Sponsored by Andy Granatelli and driven at 1973 Indy 500 by rookie-of-theyear Graham McRae. Actively campaigned until 1978, driven by Wally Dallenbach, George Follmer and Billy Scott. Restored within last decade to 1973 Indy 500 appear- racer . S/N DN44A. Black/ black vinyl . RHD. Like-new condition. Raced only once (World Sports Car Championship race, Mosport, August 22, 1976) and won the event. All chassis tubing shiny and looks freshly fabricated. Recently serviced original motor. Excellent original paint and graphics with minimal chips and scuffi ng. One-owner car, consigned by AVS Shadow creator Don Nichols, stored at his facility since 1976. Essentially track-ready as presented, but may need updated safety equipment. Cond: 2. NOT SOLD AT $350,000 . Originally built as one of the fi ve cars to support the UOP Shadow Can-Am team, but it wasn’t needed during the 1974 season, after which the series was discontinued. Usually, race cars get shuffl ed around radio. Recently passed Arizona smog inspection, but cannot be titled in California. Cond: 2-. SOLD AT $24,380 . The only time that I-H was involved in motorsports was when it quietly backed a couple of privateers Scout SS-IIs in the Baja 1000. Today, Scout IIs still have a cult off-road following in the Southwest, with the SS-IIs being the most coveted examples, with their cut-out doors and bare-bones interiors. The hardest thing about buying an SS-II is fi nding one for sale, as they tend to trade quietly among friends. Considering where Land Crushers and fi rst-gen Broncos are selling lately, this kind of coin looks right. © Ha Have SCM at your a D fi ngertips. Download om the Apple unes Store. ou o u 132 Sports Car Market our free app SS-II SUV . S/N G0052GGD47306. Tan, black & gold/ white vinyl soft top/ tan vinyl . Odo: 72,518 miles. 345-ci V8, 4-bbl, auto. Newer bare-tub repaint and repro graphics kit. Reproduction soft vinyl top on reconditioned frame. Mild suspension lift to fi t the 31-inch off-road tires in the stock wheelarches. Redyed dashpad, repro seat upholstery. Aftermarket tach, under-dash gauge pod, fi re extinguisher, center console, and shift quadrant trim. Non-stock from the intake on up on the beefed-up motor. Optional a/c, tilt column,

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Russo and Steele Monterey, CA Russo and Steele — Monterey 2012 The first of the three featured Dinos brought $363k — that’s only $17k less than the $380k sale price of a jet-black 1972 Daytona Company Russo and Steele Date August 16–18, 2012 Location Monterey, CA Auctioneers Brian Marshall and Jeff Stokes Automotive lots sold/offered 124/266 Sales rate 47% Sales total $8,189,500 High sale 1965 Shelby Cobra, sold at $781,000 Buyer’s premium 1956 Alfa Romeo Giulietta Sprint Veloce “Lightweight” coupe — $302,500 Report and photos by Ray Nierlich Market opinion in italics T he 12th-anniversary Russo and Steele Monterey Sports and Muscle auction had an all-new venue this year, taking up residence near historic Fisherman’s Wharf, within walking distance from its old location at the Monterey Marriott. The new venue featured tents similar to those used at the event’s flagship Scottsdale auction, which offered more light and more elbow room than the dark ballroom of the Marriott and the surrounding equally dark public garages used in years prior. Drew Alcazar again brought his signature theater- in-the-round auction, lock stock and barrel, from his Arizona headquarters, adding fun vendors such as Edelbrock, a great live band, and tasty BBQ, to transform the sale into an entirely new experience. The result of all this was a sales total of $8.2m, down a hair from 2011’s $8.5m. The “Sports and Muscle” mix continued the trend of the past few years, with sports dominating muscle. The high sale went to one of two Cobras in the sale at $781k for CSX2538, a ’65 289. The other Cobra, CSX4786, brought $121k. Ferraris headed the rest of the field this year, with the stunning jet-black 1972 GTB/4 fetching $380k. The first of the three featured Dino 246s brought $363k. It was most definitely an immaculately restored, sparkling red ’72 GTS, but at only $17k less than a Daytona, you have to wonder if Dino prices have reached their peak. 134 The very original, Fly Yellow ’72 246 GTS would have been next-highest, but the $259k offered was turned down. A tick behind that was the metallic blue ’74 246 GTS at just $248k. Shelby Mustang owners were holding rather than selling in this anniversary year. There was no ’65 GT350 to be had at Russo and Steele. The highest Shelby Mustang sold was a ’66 GT350, an early carryover car, for $237k. The next-highest Shelby sale was a ’66 GT350 Hertz “Rent a Racer” for $88k. The top Corvette sale was a sympathetically refurbished, incredibly original white ’53 out of the John O’Quinn estate, which sold at $171k. Other notable sales included a gorgeous blue ’56 Alfa Romeo Sprint Veloce “Lightwieght” for $303k. There was a virtual litter of good Jaguars available this year, each of which was a great buy at the prices paid. Four ’67 XKE roadsters sold, including one for $86k (easily the best example, in Primrose), another for $72k (an open-headlight blue one), the third for $70k (a better open-headlight car in red), and finally, the last for $62k (also in Primrose). Notable no-sales included a fresh ’60 Ferrari 250GT II bid up to $975k, the equally fresh silver ’65 DB5 bid to $500k, the ’66 Ferrari 330GTC bid to $365k and the one-off ’54 Stanguellini bid to $225k. Russo and Steele continues to be a staple of the Monterey auction week, and at the end of the day, it’s still the highest-energy event in town. Add to that a good mix of European sports and American muscle cars, and a new location, and I think we’ll see growth here in the future. ♦ Sales Totals $10m $8m $6m $4m $2m 0 Sports Car Market 2012 2011 2010 2009 2008 10%, included in sold prices

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Russo and Steele Monterey, CA ENGLISH #F455-1951 JAGUAR XK 120 roadster. S/N 671391. Red/red & tan leather. Odo: 49,925 miles. Restored by White Post 1993– 94. Disc-wheel car with spats. Paint still excellent. Panels straight, gaps very good. Interior shows only light wear, still excellent. Tidy engine compartment. Records provided, history from new. Cond: 2+. NOT SOLD AT $62,500. My hat’s off to the owner and espe- ration completed in 2010. Terrific body and paint. Flawless brightwork. Door seals still tight. Interior excellent with appealing wood. Engine concours. Originally sold to Admiral Michael Hudson. Cond: 1-. SOLD AT $105,600. Shown seven times and received seven awards. A most elegant motorcar sold for the right price. #S669-1961 BENTLEY S2 Continental coupe. S/N BC32LCZ. Black/tan cloth/tan leather. Odo: 8,035 miles. Claimed $100k spent on recent restoration. Paint and body straight and shiny. Gaps excellent. New tan cloth convertible top. New interior wood and leather. New York sticker in front windshield. Cond: 2+. NOT SOLD AT $159,500. Little for $30,250 at RM’s 2011 Phoenix sale (SCM# 170663), well bought. #S659-1964 COOPER MONACO racer. S/N CM364. White/black leather. RHD. Fully race-prepped. Some typical small dings, chips, cracks in paint from use. 327 V8 with Hilborn fuel injection, 4-speed BMCD transaxle. Extensive history. Ran SCCA in late ’60s, A-Sport in the ’70s, rebuilt to current configu- cially to White Post Restoration. To have a car still show this well after almost 20 years is remarkable. It looked as if the work was just completed. With some minor detailing it will still be in the running for awards at shows. Alas, the right buyer wasn’t here, and the seller was correct to take it back home. #S633-1953 JAGUAR XK 120 roadster. S/N 673779. Black/black cloth/red & tan leather. Odo: 50,974 miles. Older restoration is about a 10-footer now, some shrinkage at edges of hood and fender welting. Panels and gaps excellent. Brightwork slightly worn. information provided as to past history and restoration, but an impressive motorcar nonetheless. Seen recently with just six fewer miles on the clock at Gooding’s Amelia Island sale in March, where it failed to sell at an undisclosed high bid (SCM# 196939). The tan convertible top seemed to my eye slightly jarring on such a large car, but there was lots of interest. Strong high offer must’ve been close to buying it. #F416-1961 JAGUAR MK IX saloon. S/N 792405BW. Cotswold Blue/red leather. Odo: 24,557 miles. Older respray on a very original Mk IX. Lots of small chips and scratches. Good body and gaps. Fair brightwork and mostly dead body rubbers. Original interior showing wear and fading. Good original headliner. Door wood crazing. Running light cracked. Interior has nice patina. Very decent engine compartment. Cond: 3+. SOLD AT $63,250. Great color combination on this steel-wheel-and-spats roadster. A solid driver still in very presentable condition, and a bargain at the price paid. #S624-1960 ROLLS-ROYCE SILVER CLOUD I saloon. S/N LSKG115. Black/red leather. Odo: 28,752 miles. Recent full resto- Recent brake work. Heritage certificate. Cond: 3+. SOLD AT $22,000. The Mk IX featured standard power steering and power disc brakes, making it a most usable classic. Better driving than the contemporary Bentley and some might say more stylish too. No real upside at the price, but considering that it sold 136 On chrome wires with Pirellis. Not Vantagespec. Cond: 1-. NOT SOLD AT $500,000. A beautiful Aston that this reporter wouldn’t mind having in the garage. The next owner should chuck the chrome wire wheels and oversized tires for the proper painted wires and 185s. The right-hook slows most American bidders, as it did today. Marketcorrect offer. #S635-1967 JAGUAR XKE 4.2 convert- ible. S/N 1E15854. Red/tan cloth/tan leather. Odo: 52,398 miles. Late 1967 Series I car with open headlights. Paint, panels, gaps all excellent. Apparently rust-free. Very good new interior. Engine compartment excellent. Matching numbers. Cond: 2. SOLD AT $70,400. The real deal and quite a pleasant surprise. Usually, red Jaguars at auction make Sports Car Market ration in 1984 by Performance Auto Restoration. Vintage race history since. Cond: 3. NOT SOLD AT $225,000. Previously a no-sale at RM Scottsdale in 2011, with high bid of $185,000 (SCM# 170635). Certainly must be a terrifying drive, and selling it will obviously take that one fearless buyer. Not today. #S644-1965 ASTON MARTIN DB5 coupe. S/N 1998R. Eng. # 4001987. Silver/ dark blue leather. RHD. Odo: 35,348 miles. Fresh restoration, color changed from blue. Books, photos, records included. Paint and panels great. Gaps excellent. Interior very appealing. RHD. Engine compartment excellent.

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Russo and Steele Monterey, CA quality paint, body and chrome. Rocker panels and trunk floor replaced. Front frames and hardware correct. Gorgeous interior and top. Cond: 1-. SOLD AT $85,800. Easily the best E-type for sale at Russo this year, maybe all years. I can only think the color combination of yellow and green, while correct for the period, may have worked against the seller here. Extremely well bought. #S615-1967 JAGUAR XKE 4.2 convert- the hair on the back of my neck stand up, but not this one. Good bones and with nicely finished restoration work. The open headlights knock a bit off the value, but no matter. Very well bought. #S623-1967 JAGUAR XKE 4.2 convert- ible. S/N 1E15293. Primrose Yellow/black cloth/black leather. Odo: 54,329 miles. Older paint still showing well. Claimed to be rustfree Georgia car. Panels and gaps as-original. Front frames painted in situ, hardware nasty. Sitting low in front. Chrome older with some wear. Body seals poorly installed. Left door hinge seizing. Recent interior very good. Small-diameter steering wheel. Cond: 3. SOLD AT $61,600. One of two Primrose E-type roadsters here. While this car had good bones, a good production year, convertible body, etc., it was not restored to top level. Previously sold for $69,300 at Worldwide’s 2008 Hilton Head sale (SCM# 118621); sold again by Worldwide at Houston 2011 for $85,250 (SCM# 182089); bought today at a relative bargain price. #S609-1967 JAGUAR XKE 4.2 convertible. S/N 1E14430. Primrose Yellow/green suede/green leather. Odo: 61,646 miles. Last year of the Series I 4.2 XKE roadster, restored without compromise over seven years (completed 2008), at a cost of $160k, with all records and receipts included. Owner/restorer with car. Show- BEST BUY Two-inch tear in top. Recent seats in OK interior. Horrible door mirror. Cond: 3-. SOLD AT $71,500. Rust-free and matching-numbers, but suffering cosmetically. Last seen at Russo and Steele’s ’04 Phoenix auction, where it sold for $43,500, which we called “fair for condition” (SCM# 32099). The seller must be pleased, as he enjoyed 3,400 miles with it and came out $28k ahead. Market-correct price today. #TH203-1970 TRIUMPH GT6+ fast- back. S/N KC75562L. Old English White/ biscuit vinyl. Odo: 2,041 miles. Excellent fresh paint, brightwork. New interior. Engine compartment sanitary. Battery box replaced. Radiator cardboard cowling incorrectly installed, as to block airflow. 4-speed gearbox, 4 wheel independent suspension, front discs. Cond: 2+. SOLD AT $17,050. A baby E-type ible. S/N 1E15398. Eng. # 7E131149. Light blue metallic/black vinyl/black leather. Odo: 17,793 miles. Open-headlight late ’67 E-type. Older paint with uneven metallic, chips, small bubbles, crazing, etc. Seems relatively unrusted. Dent in front of hood and sheet metal stretched. Gaps not great. Front sub-frames painted in situ, hardware not pretty, sits low. that, I still had a weak spot for this example. Somebody else did, too, leading the market at the price paid. #TH201-1976 TRIUMPH SPITFIRE convertible. S/N 45532UO. British Racing Green/black cloth/tan vinyl. Odo: 65,074 miles. Claimed a restored SoCal car. BRG paint good but has a few small scratches and dings. Big rubber bumpers. Interior door panels wavy and vinyl cracking. Reupholstered seats fair. Switch missing in dash. Engine compartment so-so original. Brake fluid-removed paint at master cylinders. Cond: 3. NOT SOLD AT $4,675. A decent surviving example from some of the darkest days of British Leyland, and from the appearances of the interior and engine compartment, the project is only half-done. But the overdrive gearbox is a huge plus, and it’s finished in probably the best color for a late Spitfire. If it were only a ’75 instead of a ’76, you could make a way better car out of it here in California. It appeared to sell across the block at this fair offer, but was later reported not sold. GERMAN #S632-1961 PORSCHE 356B roadster. S/N 88648. Metallic silver/blue cloth/blue leather. Odo: 701 miles. Freshly restored to very high level. Terrific paint and body on what was originally a red-and-gray car. Excellent interior. Concours engine. Porsche coupe. The “plus” variant has the best rear suspension for track use, but is the hardest riding. Features a useful hatchback with a smooth 2-liter six. A pretty rare model these days due to the flimsy construction (à la wet cardboard), poor build quality, weak gearbox and low historical resale value. In spite of all 138 certificate included. CA yellow plate. Cond: 1-. SOLD AT $132,000. Metallic Silver with blue leather attracted many covetous glances. Color change may not hurt the value except for true believers. Sold at market value for the desirable roadster body style that is much less common than the cabriolet. #S671-1972 PORSCHE 911S/RSR IMSA racer. S/N 9112300030. White, yellow & blue/black vinyl. Extensive race history, including Daytona, Watkins Glen, Sebring. Sports Car Market

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Fresh Meat by Chad Tyson Russo and Steele Monterey, CA Online sales of contemporary cars 2010 Porsche 911 Carrera 4 cabriolet Originally raced by Tim Selby and Earl Rowe. Many FIA upgrades. 3.0 opposed six, 915 gray cloth seats. Engine filthy. Hideous aftermarket stereo. Late example, cannot be registered legally in California. No reserve. Cond: 3-. SOLD AT $7,150. I suppose it was cheap enough, but not cheap enough for me. Previously bought for $8,525 at Russo’s Scottsdale sale in January (SCM# 194938), so the seller lost money here. #TH212-1977 VOLKSWAGEN THING Date sold: 09/03/2012 eBay auction ID: 330785122391 Seller’s eBay ID: Hannah_Import_USA Sale Type: Used car with 14,523 miles VIN: WP0CA2A9XAS740423 Details: Carrera White over Carrera Red leather; 3.6-liter H6 rated at 345 hp, 6-sp manual, RWD Sale Result: $60,199, 2 bids, sf 667 MSRP: $95,100 (Base) Other current offering: United BMW of Roswell in Roswell, GA, asking $67,950 for Carrera White over black leather 2010 911 Carrera 4 cabriolet with 27,747 miles. 2012 Fisker Karma EcoChic 5-speed with limited-slip, 930 turbo brakes, 100-gallon fuel cell, fire suppression system, extra set of larger wheels. Cond: 3. NOT SOLD AT $120,000. Impressive past, and vintage-race-ready. It failed to sell last year at RM’s Monterey auction at a high bid of $190,000 (SCM# 185561), so no surprise that the seller turned down this offer. #TH211-1974 BMW 2002TII 2-dr sedan. S/N 2780721. Malaga Red/black leather. Odo: 87,020 miles. Claimed three-owner car. Threeyear-old paint very good and shiny. Panels excellent, rust-free. Belt line trim only fair. Good original interior with Recaro leather seats, Nardi steering wheel and new coco Date sold: 09/03/2012 eBay auction ID: 150891766032 Seller’s eBay ID: Planomini Sale Type: New car (dealer demo) with 3,434 miles VIN: YH4K16AA7CA000226 Details: Silver Wind over Glacier Tri-tone EcoSuede; dual electric traction motors rated at a combined 403 horsepower, automatic, RWD Sale Result: $79,882, Best Offer, sf 197 MSRP: $116,000 (base) Other current offering: Fisker of Detroit in Farmington Hills, MI, asking $109,850 for black 2012 Karma EcoChic with just 11 miles. 2013 BMW M5 4-dr convertible. S/N 1872008853. Orange/ beige vinyl/beige vinyl. Odo: 33,413 miles. Retains original orange paint, beige interior and top, with side curtains. Typical wear from use. Minor scratches and scuffs in paint, slight rust bubbling at rockers. Top window scuffed, one small hole and marks on top. Interior good. Clean engine compartment. Said to be one of the last four German-production Things. Cond: 3. NOT SOLD AT $16,000. Claimed to be a one-owner Thing, and looked like it. Well cared for with only the typical condition issues one would expect in a 35-year-old off-road vehicle. The slightly generous high offer should have taken it. ITALIAN #S648-1954 FIAT 1100 Stanguellini mats. Aftermarket stereo and clock. Engine and 4-speed gearbox both rebuilt 3,000 miles ago. No a/c or sunroof. Pertronix ignition. Cond: 2+. NOT SOLD AT $17,600. A great example of the iconic 2002 tii BMW. Should drive as well as it looks. Initially looked like a top-of-the-market sale at the high bid, but was later reported not sold. Date sold: 09/03/2012 eBay auction ID: 120976307214 Seller’s eBay ID: BMWofMontgomery Sale Type: New car with 11 miles VIN: WBSFV9C56DC772829 Details: Black Sapphire Metallic over black Merino leather; twin-turbocharged 4.4-liter V8 rated at 560 horsepower, 7-sp auto-shift manual, RWD Sale Result: $112,795, 1 bid, sf 7 MSRP: $112,795 (as equipped) Other current offering: Coggin BMW Treasure Coast in Ft. Pierce, FL, asking $99,495 for Silverstone Metallic 2013 M5 with seven miles. ♦ #TH205-1976 VOLKSWAGEN BEETLE convertible. S/N 1562109462. White/white vinyl/gray cloth. Odo: 54,074 miles. Quickie paint job with lots of orange peel, chips on edges of both doors. Chrome scratched. Nice coupe. S/N 071366. Yellow/gray cloth. Odo: 50,568 miles. One-off Stanguellini Fiat coupe. New York show car, originally purchased by Briggs Cunningham. Comprehensive restoration a few years ago. 2011 Concorso Italiano winner. Still in concours condition throughout. Bertone-built steel construction, with aluminum doors and deck lids. Cond: 1-. NOT SOLD AT $225,000. Historic yes, but an acquired taste, most definitely. If you must collect arcane Italian vehicles, this was made for you. High bid wasn’t enough today. #S645-1956 ALFA ROMEO GIULIETTA Sprint Veloce lightweight coupe. S/N 1493E 02239. Blue/gray leather. 140 Sports Car Market

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Russo and Steele Monterey, CA Odo: 94,416 km. One of about 100 lightweights made. Weighs just 1,500 pounds. Recent beautiful restoration by Coachcraft canvas/tan leather. Odo: 1,834 km. Full, fresh restoration by Antique Auto Restoration to highest standards. Paint, panels, gaps, brightwork all excellent. 2012 CA Mille roundels. New correct interior. Concours engine compartment. First in class Dana Point Concours. With Ferrari heritage certificate. Cond: 1-. NOT SOLD AT $975,000. Save yourself a bundle by buying one of these beautiful early-production Ferraris with open headlights. This car totally popped, and brought a market-correct high bid, but the seller stuck to his reserve. of Fillmore, CA, of what was a barn-fresh example. Shown at Pebble Beach in 2005. Excellent paint, panels and gaps. Excellent interior. Perspex sliding side windows. Borrani wires, Michelin XAS. Extensive race history including 11th in ’56 Mille Miglia and 4th in class in ’57. Cond: 1-. SOLD AT $302,500. Top dollar paid for what is a very rare and desirable Alfa. Where will you find another? Guaranteed to be a rocket to drive on the next Mille as well. #F426-1959 AUTOBIANCHI BIANCHINA Series II transformable coupe. S/N 110B012510. Light blue & white/ blue & white vinyl. Odo: 50,288 miles. Fresh restoration with excellent paint and bodywork. Floors completely replaced. New interior. Engine clean and runs well. Full receipts and #S650-1963 FERRARI 400 SUPERAMERICA coupe. S/N 400SA4113. Rosso Corsa/tan leather. Odo: 33,949 km. Italydelivered, to U.S. in ’65. Originally silver and black. Now with older paint and interior in red and tan. Panels good, paint only fair, brightwork worn and peeling. Front bumper Engine compartment as-used. Documented three-owner car with 28,000 original miles. Originally sold to CA. Cond: 3+. NOT SOLD AT $258,500. A very original 246 Dino. Still quite nice, but certainly past its show days. One of three 246s for sale here, all of which fetched top-dollar bids. A generous offer to turn down, but interest in these cars is whitehot. crooked. Interior worn from use. Engine compartment good. 5-speed, disc brakes, power steering and windows, no a/c. Cond: 3. NOT SOLD AT $770,000. Same owner the past 29 years. Lots of wear and tear, none of which was shocking. Considering the condition, the high offer was understandable, but the seller will do just fine letting the tide continue to rise. photos of restoration provided. No reserve. Cond: 1-. SOLD AT $35,200. Microcar values are continuing their rise, and this one couldn’t be any cuter or better finished. It sold for a whopping $5,500 less than Lot S607, the other transformable here, which was finished in Resale Red. Market-correct. #S652-1960 FERRARI 250GT Series II cabriolet. S/N 2077GT. Rosso Corsa/black #S641-1966 FERRARI 330 GTC coupe. S/N 9125. Burgundy metallic/cream leather. Odo: 56,273 miles. Recent cosmetic restoration by Wayne Obry of Motion Products. Great paint, panel fit and gaps. Small crazing behind left door only. Brightwork excellent. Interior lovely. $48k in mechanical receipts spotless. Supplied with Ferrari Classiche book. On Borrani wires. Cond: 1-. SOLD AT $379,500. Normally a color change would be a minus, but this was so well done that nobody will complain. And yes, thank you for not making it red, or converting it to a Spyder. Fair deal for both parties and the top Ferrari at this sale. #TH200-1979 FIAT 124 spider. S/N from RPM, of Vegennes, VT. Power windows, a/c, Becker Mexico radio, books and tools. Cond: 2+. NOT SOLD AT $365,000. This looked fully sorted, and the slightly subdued color was a refreshing change from the typical 142 124CS 20148482. Safari Yellow/tan vinyl/tan leather. Odo: 49,653 miles. Original paint in very good condition. Rust-free body. No dents or scratches noted. Interior original and excellent. Engine compartment original, not pretty. Fresh timing belt and brakes. Pass to Concorso Italiano included in purchase. Cond: 2-. SOLD AT $7,700. The first car to cross the Sports Car Market #S643-1972 FERRARI 365 GTB/4 Daytona coupe. S/N 16565. Black/tan leather. Odo: 42,019 miles. Originally a Texas car in Sky Blue with black interior. Recent restoration now in black over tan. Bodywork and paint flawless. Panels very straight. Brightwork excellent. Crack in parking lens. Wiper arms don’t seem to park properly. Becker Mexico radio. Engine compartment Rosso Red. Not enough money in the room to buy this one tonight. #F453-1972 FERRARI 246 GTS DINO spider. S/N 04468. Fly Yellow/black/tan leather. Odo: 28,099 miles. Resprayed once on very good bodywork. Couple of small touchups. Gaps excellent. Good original interior, leather with some wear, mouse-fur dash faded.

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Russo and Steele Monterey, CA window. Cond: 2+. NOT SOLD AT $185,000. A beautiful automobile. The Dietrich Convertible Sedan body is absolutely sublime. Reportedly cost $5,600 when new, and worth it. May have been lost in the crowd here, though. High offer was within range. block here. As nice an example of one of these as you will ever see, which isn’t saying much, as most have gone to the crusher by now. Really a shame, as a good one like this with an enthusiast owner can be a nice bargain sports car. Cheap fun (hopefully) at the price paid. #TH227-1986 FERRARI 412 coupe. S/N ZFFYD24B000063601. Metallic gray/beige leather. Odo: 26,322 miles. Fresh well, done paint on good bodywork. Small wrinkle at bottom of rocker. Older, dyed interior with some cracks and wear. Gray-market car, not and matching numbers. Class “A” accessory package, including chrome wire wheels. Interior excellent. Engine compartment showquality. Cond: 2+. SOLD AT $781,000. A super sanitary driver that shows well enough to be mistaken for a freshly restored example, and the high sale of the auction. Well bought and sold. #S636-1969 SHELBY GT500 convert- legal in CA. Cond: 3. SOLD AT $39,600. Horrific repair costs, no upside on values and insolvable gray-market problems—if you don’t feel faint popping the hood on one of these, you’re made of sturdier stuff than this reporter. Top-of-the-market price. AMERICAN #S639-1934 LINCOLN MODEL KB Convertible Sedan. S/N KB3434. Dark blue/tan canvas/tan leather. Odo: 52,155 miles. Dietrich-bodied Full Classic. Said to be one of 752 KBs produced. Five-year restoration just completed. Striking blue paint and bodywork. One minor bubble in paint at rear body seam. Couple of small dings on door. Brightwork excellent. Interior gorgeous. With division V8, C-6 auto, power steering and brakes, a/c, Polyglas tires, tilt, gauge package, AM/FM radio. Cond: 2+. NOT SOLD AT $150,000. Certainly an attractive color combination on a desirable Shelby convertible. Unfortunately let down by the details, this one won’t be winning any shows unless entered in the driven class. Last seen at Russo’s Scottsdale sale in January, where it sold at $96,250, which we called “way too cheap” (SCM# 191649). High offer here was close but still light. © 144 Sports Car Market ible. S/N 9F03R480653. Candy Apple Red/ white vinyl/white vinyl. Odo: 1,056 miles. 428-ci V8, 4-bbl, auto. Recent restoration, paint not perfect, with some prep problems. Both doors proud at rear, cowl and hood panels wavy, gaps typical. New production-quality chrome. Interior excellent. Engine compartment excellent. With 428 Cobra Jet #S649-1965 SHELBY COBRA roadster. S/N CSX2538. Red/black canvas/black leather. Odo: 8,407 miles. 289-ci V8, 2x4-bbl, 4-sp. Well maintained example of a late production 289 Cobra. Paint still very good. Excellent body and chrome. Full documents

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Bonhams Carmel, CA Bonhams — The Quail Lodge Sale The high public sale was the $2.2m ex-Filipinetti Ford GT40; the McLaren F1 GTR was likely more expensive, but it sold post-block for an undisclosed amount Company Bonhams Date August 17, 2012 Location Carmel Valley, CA Auctioneer Malcolm Barber Automotive lots sold/offered 82/153 Sales rate 54% Sales total $9,513,225 High sale 1966 Ford GT40, sold at $2,205,000 Buyer’s premium 1966 Ford GT40 coupe — $2,205,000 Report and photos by Donald Osborne Motorcycles by Somer Hooker Market opinion in italics range, the auction tents were moved about 4,000 feet to the west on the property. There they set up a much more spacious display and sale-room area, very similar to the layout the company used in their inaugural 2012 Scottsdale auction. Two large tents, with an open display area between, allowed the automobilia, cars and motorcycles to be seen to greater advantage than before and created a more comfortable and spacious sale room. They continued with the two-day format begun in 2010, B but with a variation here as well. This year, Thursday’s sessions were automobilia followed by an all-motorcycle sale, with Friday’s sale exclusively devoted to cars. The result was generally a positive one — everyone with whom I spoke commented favorably on the new sale layout. The move can be rated as a qualified success for Bonhams, which saw the combined overall volume of cars and motorcycles decline by 11%, but the sales rate improved from 51% to 54%. These figures are based on vehicles sold on the block or immediate post-block sales as reported. But there is a catch here — missing from the results is the undoubted star of the sale, the 1997 McLaren F1 GTR. The ex-Gulf Team Davidoff car was the last of the long-tail rac- 146 onhams mixed things up a bit at their 2012 Quail Lodge Resort & Golf Club sale, their 15th year at Monterey. First was a new location. From the tennis court space opposite the Golf Club and the driving ing versions of the McLaren F1 built. On the block, bidding stalled at $3.3m and it was hammered unsold. It was reported that a deal was made on sale day post-block, but for a confidential sum. Bloomberg News reported the figure to be $3.85m, but Bonhams declined to confirm that figure due to a confidentiality agreement with the buyer, simply stating “the car was sold within the pre-sale estimate range.” That was stated to be $4m–$5m. While initial total sales figures included the McLaren sale, final numbers did not, as it was not publicly stated. With the McLaren sale, the 11% decline becomes an 25% increase over 2011. In any event, the high public sale was the $2.2m realized for the ex-Filipinetti Ford GT40. Originally delivered in Switzerland as a road car, with custom features by Graber coachworks, it had been rebuilt following a fire to its initial racing configuration. Among notable sales were the late Martin Swig’s 1941 Tatra T87 sedan, which sold for an impressive $280k, and a 1970 BMW CSL Group 2 car that made $214k. One of my favorites in the sale, and greatly admired during preview, was a 1958 Jaguar Mk I sedan. Rarely seen on this side of the Atlantic and in lovely driver condition, it sold for a reasonable $21k, a great alternative to the always-seen Mk II. The new location and layout should provide benefits for Bonhams going forward. Continued attention to tweaking some of the logistical aspects will pay great dividends, and finding the course to chart between the heavyweight sluggers in Monterey and Pebble Beach with interesting, varied and appropriately reserved lots will be the pathway. ♦ Sales Totals $25m $20m $15m $10m $5m 0 Sports Car Market 2012 2011 2010 2009 2008 17% up to $100,000, 10% thereafter, included in sold prices

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Bonhams Carmel, CA CZECH #424-1941 TATRA T87 sedan. S/N 49870. Eng. # 12786345. Silver/gray cloth. Odo: 52,195 km. Very good panel fit. Shiny paint is deteriorating, with areas showing stress cracking, alligatoring and scratches. Weak rubber gaskets. Very nice interior is let down by soiled headliner. Ex-Martin Swig. Cond: 3-. SOLD AT $280,000. These fabulous big rear-engined V8 sedans are the stuff of correctly assigns the number to this car. Lovely and well bought. #484-1958 JAGUAR MK I 3.4 sedan. S/N 98650. Eng. # KE34968. Gray/dark red leather. Odo: 29 miles. Variable panel fit. Very good paint shows a small chip in the right rocker. Good-to-fair chrome, with some fading and light pitting on many pieces. Good interior, nice patina on seats, wood trim a bit dirty the auto with disc wheels. This one falls between, but that’s okay. The $40k–$50k estimate was realistic, and the price paid a bit of a bargain for the work done. #438-1963 JAGUAR XKE Series I 3.8 legend, and very few reside on this side of the Atlantic. Knowledgeable Tatra enthusiasts, of which the late Mr. Swig was one, prefer and seek out the pre-war examples of this model. It’s not uncommon for numbers to be switched, so a documented pre-war car carries a premium. This had a high driver-level Czech restoration, which is now unraveling. Nevertheless, with its provenance and documentation, it soared past the $200k high estimate. Well sold. ENGLISH #422-1931 ROLLS-ROYCE PHANTOM II Continental Touring saloon. S/N 64GX. Eng. # FF75. Black/red leather. RHD. Odo: 50,186 miles. Excellent panel fit. Shiny paint over some ripples in hood, cowl and door panels. Good bright trim shows some light scratches. Nicely finished interior wood trim. Dyed seats are still supple, show some small splits on front seat cushions. Miles believed and over-varnished. Cond: 3-. SOLD AT $21,275. Jaguar’s first “small” sedan is rarely encountered here in the U.S. This car was incredibly appealing, and drew a large crowd, including myself, during the preview. We all hoped we might be able to steal it at no reserve. The selling price was more than fair. I should have bought it at this number and will regret not doing so for years. Well bought. #302-1959 TRIUMPH TWENTY ONE “Bathtub” motorcycle. S/N H3023. Eng. # 21H3023. Blue/black. Odo: 365 miles. An older restoration left in barn-find condition after being removed from a restaurant in San Francisco. Covered in dust, grease and tobacco residue. Rust-prone “tub” in excellent coupe. S/N 888530. Eng. # RA16129. British Racing Green/beige leather. Odo: 4,196 miles. Very good panel fit and paint. Good chrome, with some light pitting on A-pillar trim. Nice interior shows soiling and moderate wear throughout. Wood on steering wheel is too shiny; door rubbers are crushed. Fitted with full synchro gearbox, later, more comfortable seats. Cond: 3. SOLD AT $92,000. The Series 1 XKE coupe is for me the purest expression of the form. Here, in great classic colors, it was hard to beat. Prices for E-types have really begun to divide, with the best examples bringing far more than ordinary ones. This car was a nice one, but not great—but I think the colors and the more-comfortable seats caught bidders’ attention. A bit well sold, I’d say. condition. Cond: 3. SOLD AT $5,175. If you were trying to quit smoking, you could have used this as a patch, it was so covered with nicotine. The 350s aren’t exactly rocket ships performance-wise or market-wise, but a fair deal for all at the price paid. actual. Cond: 3-. SOLD AT $178,800. Very handsome, sporty looking Rolls-Royce, feeling very much like a Bentley saloon, with great presence. I found it totally attractive, and it garnered great attention during preview. Somewhat confusingly, a Merlin-engined PII special that has sold three times at auction since 1969 appears to bear the same chassis number. However, Raymond Gentile’s 1980 book The Rolls-Royce Phantom II Continental 148 #492-1960 JAGUAR MK II 3.8 saloon. S/N P212240BW. Eng. # LA41078. Old English White/beige leather. Odo: 380,060 miles. Well-presented Mk II 3.8 sedan, with a restoration refreshed recently. Very good panel fit. Overall paint is very good, except for some casual work in the jambs. Small areas of rust staining visible under hood lid. Very good chrome. Interior shows very good seats, with highly finished wood—beautiful, but a bit too shiny. Cond: 2-. SOLD AT $41,400. In these cars, the ultimate spec is the 4-speed with overdrive and wire wheels. Least desirable is #434-1966 FORD GT40 coupe. S/N GT40P1033. Red/black cloth. RHD. Odo: 2,051 miles. 302-ci V8, 4x2-bbl, 5-sp. Excellent panel fit and paint. Very good interior, with only some minor bagging in seat fabric to spoil the presentation. Originally a road car, complete with power windows, leather seats and a/c. Now fully competitionready, with plumbed-in fire-suppression system. 302 V8 with Gurney Westlake heads. Ex-Filipinetti. Cond: 1-. SOLD AT Sports Car Market

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Bonhams Carmel, CA $2,205,000. GT40s have suddenly become more visible in the auction market. (See “Collecting Thoughts,” p. 60.) The second owner turned this rare road car into a racer for his godson, whose career was undistinguished at best. Later burned to the chassis, it was rebuilt as a race car, but I think it would have brought more money finished in original street trim. Fair price for a rebuild with unimportant track history. #436-1967 ASTON MARTIN DB6 coupe. S/N DB62832LN. Eng. # 4002826. Snow Shadow Gray/black leather. Odo: 46,431 miles. Two owners from new, mileage believed actual. Very good panel fit, except trunk lid high on left side. Paint uneven from panel to panel, shows touched-in chips. Chrome worn and pitting. Heavy seat patina, driver’s quite worn. Delivered new with a/c and power windows. Blaupunkt three-band radio. Cond: 4+. NOT SOLD AT $250,000. The DB6 has now well integrated itself into the ever-rising value curve of the more desirable DB5 and DB4. This appeared to be an honest used car, which had somehow escaped the restorer’s touch. As it had been painted at least once, it didn’t seem a “preservation” candidate, and perhaps that held the bidding down. Could have sold at high bid. #459-1997 MCLAREN F1 GTR Longtail racer. S/N 028R. Gulf Blue, black & orange/ carbon fiber. MHD. The last GTR built, exTeam Davidoff/Gulf. Excellent panel fit. Very good paint shows evidence of track use. Interior lightly worn, appropriate to use. Very clean engine compartment. Cond: 2-. NOT SOLD AT $3,300,000. The McLaren F1 is, without doubt, the ultimate 20th century sports Dion-Bouton was arguably the leading auto manufacturer of the time, with advanced designs and sophisticated engineering. This car was clearly well used, but equally well loved. It would make a great entry for an American in the London-to-Brighton. Well bought at the low estimate. GERMAN #415-1958 PORSCHE 356A Speedster. S/N 84087. Eng. # P67578. Red/black canvas/ black vinyl. Odo: 33,216 miles. Color changed from the original Meissen Blue over red. Very good panel fit, except left door out at rear edge. Chrome is good, showing some scratches. Very nice, well-installed interior with correct materials. Former Forest Grove FRENCH #427-1901 DE DION-BOUTON 4½ HP Motorette. S/N 159. Eng. # 5638. Two-tone blue/black leather. RHD. A good-looking De Dion-Bouton, assembled in Brooklyn, NY, with many U.S.-made components. Good paint, showing some stress cracking on fenders. Nickel trim could use a polish. Good seat upholstery. Cond: 3+. SOLD AT $110,400. De a small tear in the second-row backrest. Wear, glue stains and some shrinkage in headliner, some wear on steering wheel. Sony cassette radio. Cond: 3-. SOLD AT $55,200. Very desirable with sunroof and in great colors. Not a show queen, but a really nice (if slow) driver and great for casual show-and-shines at the beach. $55k high estimate price looked just right for this example. #452-1967 PORSCHE 911S sunroof coupe. S/N 305347S. Eng. # 960079. White/ black vinyl. Odo: 62,703 km. Excellent panel fit. Good paint shows some touched-in chips on nose, stress cracks at A-pillar bases. Good bright trim has some light pitting on some pieces. Good seats, wrinkled dash top trim and some headliner problems. Wood-rimmed car. Engineered and built without regard to cost, it proved its mettle on the track as well as the street and mountain pass. They are true “instant collectibles,” but the GTR begs the usual question with modern race cars: What do you do with it? Although it failed to sell on the block, the deal was done before auction’s end for an undisclosed number, reported by the financial press at $3.58m. Seems fair if it’s right. 150 Concours class winner. Cond: 2-. NOT SOLD AT $195,000. Very well-presented Speedster, which in my opinion would have been a winner in the distinctive original colors of Meissen Blue over red. Speedster prices have gone through the roof recently, but the market is driven by super-sharp examples. This was not that, and $195k should have taken it home. #458-1966 VOLKSWAGEN TRANS- PORTER 21-window Samba bus. S/N 246100364. Green & white/white vinyl. Odo: 5,318 miles. Very good panel fit. Shiny paint has just the right amount of orange peel to be correct. Chrome shows light pitting, alloy trim a bit dull. Good seats show some soiling, with steering wheel. Fuchs alloy wheels, sunroof, hood-mounted rally lights. Cond: 3-. SOLD AT $100,050. Early 911S cars continue to be strong in the market, as confirmed yet again. A nice car, but far from great, and the Yokohama AO48 tires hinted at track or autocross use— not a big selling point. Incorrect later Fuchs alloys, but easy enough to buy correct ones, although they can cost $1,000 per wheel. #445-1970 BMW CSL Group 2 coupe. S/N 2200093. White, red & blue/black cloth. Very good panel fit. Paint is presentable but shows some battle scars. Stripped cockpit has fiberglass dash, electronic tach and plumbedin fire suppression. Titled as a 1969. Granted Historic Technical Passport. Cond: 3-. SOLD AT $214,000. The CSL was BMW’s very successful warrior in the incredibly popular “saloon” racing groups of the ’70s. While the street versions of the E9 coupe have been largely ignored by collectors, genuine lightweight competition cars have been sought after for years. This one was a CS, later Sports Car Market

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Bonhams Carmel, CA ing only light wear. Some crude welding visible inside left door jamb at base of B-pillar. Cond: 2-. NOT SOLD AT $230,000. Still carrying Italian registration, this car was raced from new by Ennio Bonomelli, a wealthy Italian hillclimb racer. Quite the impressive presentation, but the predicted $300k–$350k seems unrealistic outside of Italy, considering history. ITALIAN #474-1947 CISITALIA 202 SMM replica uprated to CSL spec. It didn’t have an important period history but was well prepared for contemporary vintage racing. As such, the price seems to indicate another move forward for these cars. Well sold (for now). #416-1970 PORSCHE 914-6 roadster. S/N 9140432381. Silver/black vinyl. Odo: 31,119 miles. Very good panel fit. Presentable paint shows some small chips on nose, a bit of bubbling near right headlight lens. Nice bright trim with some scratches on door handles. Very good interior with some wear on armrests. Fuchs alloy wheels, hood-mounted rally lights, cracked lens on left lower fog light. Aerodinamica coupe. S/N EX10219. Red/ red leather. Variable panel fit. Good paint, revealing a somewhat ripply hood panel. Alloy bright trim is a bit more casually made than even the artisan work of the originals. Interior features nice seats, loose door rubber and #479-1957 ALFA ROMEO GIULIETTA Spider Veloce “Sophia” racer. S/N AR149503083. Eng. # AR131541849. Black/black cloth. The well-known weapon of Alfa racer Al Leake Jr., presented with seven log books. Good panel fit, side doors welded shut, trunk lid slightly off. Paint as-raced but presentable. Working cockpit, with original tachometer alongside SW gauges. Cond: 3-. SOLD AT $72,450. Presented in a wonderfully characterful “as raced” condition, “Sophia” represents a generation of racing as few surviving cars do. Well bought at a mid-estimate price. somewhat incongruous Moto-Lita wood-rim wheel. Cond: 4+. NOT SOLD AT $38,000. The Savonuzzi-designed Cisitalia coupe is a dramatic racing classic of the late ’40s. This replica, built in Italy in the late ’60s, is faithfully proportioned, but seems rather casually assembled and needs much sorting to be a usable car. High bid was generous. Cond: 3+. SOLD AT $44,850. These were too expensive when new and an instant failure for Porsche, but have always had a band of fervent supporters who keep prices stable—if not shooting into the stratosphere. The 914 2.0 was a far better value and great fun to drive, the 914-6 was too close in price to a 911 to make sense for most buyers. This is a high price for a car in this condition and was well sold. #453-1973 PORSCHE 911S coupe. S/N 9113301169. Gulf Blue/black leather. Odo: 646 km. A “Sonderwunsch” or “special wishes” factory hot rod. Originally fitted with a 2.4, now further modded with a hi-po 2.7 with RS features. Recently restored and used for track days. Excellent panel fit. Very good paint, good bright trim. Interior as-new, show- a car manufacturer. Very interesting history in South America, which is sometimes a red flag, but this car had the right people saying the right things about it and—most important— lots of pre-restoration photographs. Prepared to a beautiful and correct level by Steve Tillack. The $500k low estimate seemed appropriate, but maybe big money was still skittish about the origins. Their loss. 152 #447-1950 CISITALIA ABARTH 204 racer. S/N 07. Gray/black leather. RHD. Perfect gray paint, excellent instruments and seats. Some dirt trapped in door edge reinforcement strips. Signs of light use on wheels and front suspension. Cond: 1-. NOT SOLD AT $420,000. A wonderful historical artifact, a car which marked the end of the first Cisitalia story and the beginning of Abarth as #490-1967 FERRARI 365 GT 2+2 coupe. S/N 10431. Dark blue/gray leather. Odo: 41,685 miles. Very good panel fit, except right door slightly out at rear edge. Good paint shows light polish scratches, as well as a bubble and stress crack at right hood vent. Good chrome, with fading on both bumpers, and evidence of old repair on rear. Very good interior has original Blaupunkt three-band radio. Cond: 3+. SOLD AT $157,900. The appealing color combination really suits this big Ferrari 2+2. These remarkably usable cars drive quite well, and their charms have begun to reveal themselves to an ever-widening audience. Prices reflect this and continue to climb. This is a number unimaginable three years ago. Well bought and sold, just under the $160k low estimate. #476-1967 FIAT-ABARTH TC Berlina Corsa. S/N 1667. White & yellow/black vinyl. Odo: 1,800 miles. Rebuilt from a long-stored incomplete restoration project in the late ’90s. Much recent vintage event history. OK panel fit, good enough for a competition car. Presentable paint with the expected wear. Inside, passenger’s floor is a fiberglass piece. On Abarth Campagnolo alloys. Cond: 4+. SOLD AT $30,475. The Abarth TC Corsa Berlina was the classic “giant killer” in sedan racing and is still a potent weapon in vintage competition. This car was sold by Bonhams in Scottsdale in January for $46,800 (SCM# Sports Car Market

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Bonhams Carmel, CA Zipper. Recently successfully vintage raced. Very good panel fit. Very good paint, with some road tar in places. Full road-trimmed interior, with radio. One of four NART racers, commissioned by Luigi Chinetti. Cond: 3+. NOT SOLD AT $1,500,000. A $250,000 nosale when offered by Christie’s at Pebble Beach 2001, in red (SCM# 23325). Now repainted in its 1975 LeMans colors, it looked much more attractive. Whether it’s worth $2m, still a striking piece of Ferrari history. Wait and see. 191594). At that time, the lack of evidence that the car was born as an Abarth seemed to keep bidding in check. Seven months later, bidders were even less convinced. At this price, no harm done for a lot of fun. #463-1972 FERRARI 365 GTB/4 Daytona Competition Spyder. S/N 15965. White, orange & blue/blue leather. Odo: 9,507 miles. 1972 Daytona rebuilt and rebodied in 1975. Entered but not run at 1975 Le Mans, competed at 1978 Daytona, entered by Otto #468-1974 FERRARI 246 GTS DINO Spider. S/N 07914. White/gray & red leather. Odo: 28,584 miles. Very good panel fit, paint and brightwork, except for worn plastic chrome on rear reflectors. Nice patina on seats; as-new re-covered dashboard. With a/c AMERICAN #446-1895 BUFFUM FOUR CYLINDER Stanhope. S/N 1BUFFUM. Red/black leather. RHD. The first 4-cylinder auto built, this is the marque’s only surviving example, with a known history from new and now offered on the open market for the first time. Paint is cloudy over wood which and contemporary Alpine CD radio. Cond: 2-. SOLD AT $252,500. Although some Dinos have brought extremely high prices, this one sold exactly where expected. Market-correct. shows some stress cracking and chips. Chassis appears straight and clean. Seat cushion looks newer than backrest, which if not original, is quite old. Lovely leather kickboard. Cond: 4+. NOT SOLD AT $200,000. Fabulous “big block” early American horseless carriage. This true museum piece would seem to be an obvious catch—but the right conservator was not in the room or on the phone this day. #437-1932 HUPMOBILE CUSTOM roadster. S/N 5021. Yellow, brown & orange/green leather. Odo: 16,549 miles. A 154 Sports Car Market

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Bonhams Carmel, CA custom tribute to the dramatic roadsters of the ’30s, built in the early ’50s. Very well proportioned and beautifully built; color scheme is a bit dramatic. Very good panel fit. Very good paint shows a few small rubs and touch-ins and a more serious area of cracking at top front edge of left door. Good chrome. nicely understated looks and fantastic performance. I really liked this car, which with a bit of attention could be significantly improved. It sold post-block, and the buyer got a very good deal at the low estimate. Excellent interior retains period gauges and nice wood trim. Cond: 2-. SOLD AT $80,500. Previously sold at this sale in 2009 for $112,320 (SCM# 142087). Since then, original inline-8 Hupmobile engine and 3-speed transmission have been replaced by a Chevy 350 and automatic—making this a resto-mod-custom worth whatever it sells for. The seller lost at least $36k on the sale, not counting the conversion cost, and only drove it 173 miles. #456-1953 PACKARD CARIBBEAN convertible. S/N 26782061. Eng. # L405948. Gulf Green Metallic/white vinyl/green leather. Odo: 76,129 miles. 327-ci I8, 4-bbl, auto. Three-owner, well restored example of one of the most elegant big American convertibles of the ’50s. Very good panel fit. Excellent paint, very nice chrome. Slightly baggy top shows #401-1958 GMC SERIES 101-8 pickup. S/N 1018CS1318A. Turquoise & white/turquoise & white vinyl. Odo: 40,145 miles. 336-ci V8, 2-bbl, 3-sp. Variable panel fit, per build. Generally very good paint, some prep defects now visible in chrome. Good seat shows soiling, interior bright trim pitted, wear visible on steering wheel and dashboard. Ex- Steve McQueen. Cond: 3+. SOLD AT $92,000. Sold by Bonhams in 2006 at “The Steve McQueen Sale” in Los Angeles for $128,000 (SCM# 43609), but the magic of celebrity ownership fades a bit with each transfer. While McQueen was without doubt a car guy, this truck just isn’t what most people picture the King of Cool driving around. Still sold for three times what any other GMC in this condition would bring. #462-1977 CHEVROLET CORVETTE light soiling. Well done interior is let down by soiling on seats and a staple in the left door panel. Cond: 2. NOT SOLD AT $75,000. Spectacular colors and a neat story of the original, long-term owner. Just needs a thorough detail and some attention to be back on top again. High bid was certainly light here. #429-1955 CHRYSLER C-300 2-dr hard top. S/N 3N552088. White/beige leather. Odo: 73,430 miles. 331-ci V8, 2x4-bbl, auto. Good panel fit. Very good paint, good chrome, except for right-hand grille, which shows much pitting under the plating and some light scratches on the windshield frame. Dashboard excellent, seats and door panels very good, but some soiling on armrests. Equipped with power steering, brakes, windows, a/c, T&C radio. Cond: 3+. SOLD AT $57,500. Very nicely presented example of the first of the “letter” cars from Chrysler. These big factory hot rods are favorite cars of mine, with their November 2012 IMSA coupe. S/N 2000877. Red/black cloth. Greenwood IMSA Corvette “customer” coupe. Raced at Sebring and Talladega, subsequently put in display storage. Beautifully restored and presented, and a capable vintage performer today. Very good panel fit. Excellent paint. Well finished cockpit. 2010 Rolex Monterey Reunion tech sticker on window. Cond: 2+. NOT SOLD AT $280,000. A Greenwood team car would be worth $500k, but a customer car with no significant history should be available at the high bid. © 155

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MidAmerica Pebble Beach, CA MidAmerica — Pebble Beach Antique Motorcycle Marketplace and Online Auction The most expensive lot, the group of Triumph Bonneville TT Specials, was sold to an overseas collector for more than $160k Company MidAmerica Auctions Date August 17–19, 2012 Location Pebble Beach, CA Auctioneer Ron Christenson Motorcycle lots sold/offered 25/88 Sales rate 28% Report and photos by Somer Hooker Market opinions in italics T his was the fourth year for MidAmerica Auctions’ motorcycle marketplace at Pebble Beach. The company has been hosting its unique motorcycle auction in the area since the dawn of the Motorcycle class at the Sales total $538,210 High sale Triumph Bonneville TT special collection, sold at $160,500 Buyer’s premium 7%, included in sold prices Pebble Beach Concours d’Elegance in 2009, which brought a new group of potential buyers into the mix. Presently, the company does not conduct a traditional live auction, but rather offers vehicles with an ability to bid online (from their tent site) on a computer. The same website is open to all bidders, but the only way to buy is through the website. Each vehicle has an “Instant Buy” price (Buy It Now is a copyrighted term). A quick look at this auction’s results history suggests that many traditional car collectors are gearheads who can also appreciate two wheels. Others like to stick them in between cars to punctuate their collection. Several venues this year featured collections as a single lot. MidAmerica featured a complete collection of Triumph Bonneville TT Specials. The TT Special was a USA-market-only bike intended for competition (you could purchase a lighting kit). They came with high-compressionpistons, straight pipes, and a batteryless ET ignition system. Barbara McQueen, former wife of the late Steve McQueen, was on site. She was selling and autographing copies of her new book The Last Mile. There were some McQueen motorcycles, a bicycle, and a truck here (as well as at other venues). The name still holds magic, but the books were the only thing that sold here. Another name on offer was the ex-Jim Morrison Honda CL-77. It had been painted by Von Dutch at some point in its life, but Dutch plus Lizard King did not equal the $125,000 reserve at this venue for this bike. MidAmerica had a total of 88 lots on offer. These Sales Totals $1m ranged from pedal cars to twin-engine streamliners. The most expensive lot, the group of TT Specials, was sold to an overseas collector for more than $160k. A record for a unit construction Triumph Bonneville was also established when a 1969 Triumph Bonneville sold for $22k. It was a Bill Hoard restoration — he is known as the authority on Triumph restorations, and his work is known as the gold standard. All in all, the motorcycles sold brought solid values across MidAmerica’s virtual auction block, supporting a growing market for collectibles on two wheels. ♦ 156 $800k $600k $400k $200k 0 2012 2011 2010 2009 tended to use what he had and wasn’t known for correctness.) Cond: 3-. NOT SOLD AT $55,000. Vendor was looking for $100k. I recall seeing it in Las Vegas in January bid to around $55k, making this offer look marketcorrect, but values on star bikes are subjective. #90-1953 VINCENT BLACK SHADOW motorcycle. S/N RC11636B. Eng. # F10AB1B9736. Black/black. Odo: 27,000 miles. Crusty-but-original barn-find Black Shadow. Fairly original. Tank has been repainted at some point. Cadmium plating deteriorating. Sports Car Market ENGLISH #25-1963–1967 TRIUMPH BONNE- VILLE TT Special collection. Collect ion restored by one of the best Triumph wrenches around, now retired. Truly “catalog correct.” Previous owner spent years studying TTs and their subtle variations (East Coast vs. West Coast, etc.) All multiple show-winners. Cond: 1. SOLD AT $160,500. If you wanted the five finest Triumph Bonneville TTs in the world, they were here. You couldn’t find, buy and restore these for the average price per bike paid here. It is difficult to sell collections as a lot, but MidAmerica got it done. #96-1938 TRIUMPH 5T Speed Twin motorcycle. S/N TH5838. Eng. # 85T13084. Burgundy/black. Odo: 27,302 miles. An older and tired restoration, originally done by Bud Ekins for McQueen. Bud’s shop sticker still intact. Offered as a Steve McQueen icon, rather than a catalog-correct Triumph. (Bud

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MidAmerica Pebble Beach, CA “Ace” handlebars not lock-step with the bike. Seven-inch Lucas headlight substituted for Miller unit. Steel touring fenders an unusual #29-1973 TRIUMPH X-75 “HURRICANE” motorcycle. S/N TRX75PH00732. Eng. # TRX75PH00732. Red/ black. Odo: 4,748 miles. Pretty crisp example that reportedly still had its original tires when the restoration began. Little evidence of use since, for that matter. Correct rims, nice paint, time.” Chrome was one of Germany’s fortés in the ’60s, and you can tell here. Cond: 2-. SOLD AT $3,050. I was amazed at the number of people who stopped by this bike and started talking about their old, little Zündapp. Yes, it was cute. Yes, it was in remarkable condition. But then again, who cares? Originalpaint bikes are hot. Small-displacement Zündapps, not so much. Well sold. #32-1982 BMW R-100 RT motorcycle. S/N 170174. Eng. # 944344-247F2P1. White/. No real history, but pretty representitive of the BMW racers of the era. Has the usual frame modification for strengthening, fork brace, and the large BMW tank that was option for Black Shadows. Taillight replaced with later one. Cond: 4+. NOT SOLD AT $110,000. $100k seems to be the new goal for Vincents, but I figured this was a $90k bike. The high offer was all the money in the world and then some. #42-1961 NORTON MANX 350 replica motorcycle. S/N N/A. Eng. # 10M261R. Silver/black. Hugh Anderson/Ken McIntosh replica, purchased from four-time world champion racer Hugh Anderson, and successfully raced in three AHRMA races. No miles since recent total restoration. Condition as- reflective graphics good. Cond: 1-. NOT SOLD AT $22,400. Roughly 1,200 of these were built. Designed by Californian Craig Vetter, they were successful from day one. There is always interest in them, and the high bid here was a little on the low side, so the seller was smart to hold. These are $25k on up, typically. #26-1975 NORTON COMMANDO mo- torcycle. S/N 850F13106S. Eng. # 331443. Red, white & blue/black. Odo: 8,800 miles. A good 10-footer. The red, white and blue combo, also known as “John Player,” was a popular scheme. Engine frame is not a match. common to racers and sport bikes. Large Dell’Orto carbs, megaphone exhaust. Cond: 3. NOT SOLD AT $6,500. High bid looked about the right money for this bike. Vendor was probably hoping to cash in on German motorcycles as the featured marque at Pebble Beach this year. ITALIAN #30-1956 BENELLI LEONCINO motor- new. Cond: 1-. SOLD AT $32,100. This had two strikes against it for collectibility, as it is a replica and it is a 350. (The 500 was more popular.) That being said, for vintage racing you could not beat a McIntosh bike. The McIntosh replicas are better than the originals, in fact. Well bought, barely. #52-1969 TRIUMPH BONNEVILLE T120R motorcycle. S/N T120RDU89017. Eng. # T120RDU89017. Red/black. Odo: 2,300 miles. A perfect but not overdone restoration, completed by Bill Hoard. It could be used as reference for what a ’69 Bonny looked like. Even has the unobtainium “Clear Hooter” Wrong mufflers. Mikuni carb update is great for rideability but not collectibility. Electric starter was only available in ’75. Cond: 2-. SOLD AT $10,700. A reliable classic. Considering the frame/engine mismatch, this was well sold, but probably will prove a wise buy down the road. GERMAN #1-1968 ZÜNDAPP SPORT motorcycle. S/N 4606981. Eng. # 6076433. Red/black. Odo: 765 miles. Museum bike in remarkable original condition. You look at it and think, “Boy, this sat on some dealer’s floor for a long gine on a pedestal by itself. Cond: 1-. SOLD AT $7,490. This was a beautifully done bike and a piece of kinetic art. I’ve only seen a few of these in the States. Pre-1958 Italian bikes under 175 cc are hot for Moto-Giro-type events, so the price paid looks fair for both parties. #39-1963 MOTO MORINI TRESETTE horns. Cond: 1. SOLD AT $21,561. This was the first roadster Triumph Bonneville I’ve seen break the $20k barrier. A great buy in the grand scheme of things, but maybe a little early. 158 SPRINT motorcycle. S/N T542183. Eng. # 41227. Red & white/black. Odo: 4,259 km. Nicely done bike, bordering on overdone with its polished cases, drums, etc. Paint extremely well executed. All proper graphics. The restoration probably started with a low- Sports Car Market cycle. S/N I5037S. Eng. # 15922N. Red/black. Odo: 14,659 km. As with any restoration of an Italian bike, it looks a lot better now than it did originally. Great graphics, Benelli lion on front fender. You could put the beautiful en

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MidAmerica Pebble Beach, CA mileage original and took it up a notch. Cond: 1-. SOLD AT $8,025. There is a lot of interest in Moto Morinis, as the 175-cc displacement means it is eligible for many Giro-type events. This was well bought for probably close to the cost of restoration. Seller wanted $11k but let it go. #17-1965 VESPA SS 180 scooter. S/N 5200044G. Tan & red/red. Odo: 564 km. Nice older restoration. Stand is starting to pull through the floor board—a common problem, but with this few miles, you have to wonder about the underlying structure. Otherwise, an the most successful Indians built. Tape striping, but otherwise well done. Cond: 2-. SOLD AT $17,120. A very nice example that would be hard to restore at the price. Price paid was good for both sides. #84-1928 HENDERSON DE LUXE mo- torcycle. S/N 41227. Eng. # D26524. Blue & white/ brown. Older restoration. A very honest bike that has not been overdone. An export to U.K. when new, still wearing a sticker from the U.K. dealership. Set up for sidecar use produced in 1931. Flawless. Cond: 1-. SOLD AT $26,750. Good buy. You could never commission a restoration like this for this kind of money. Ready for the winner’s circle. #87-1948 INDIAN SCOUT Big Base mo- torcycle. S/N FDH116. Eng. # FDH116. Indian Red/black. Nice crisp example. Paint very good. Has the right Jr. Scout forks and tanks, per dirt-track race use. Sold on Bill of extremely nice example. Cond: 2+. SOLD AT $3,745. The SS 180 is the crème de la crème. Only built for maybe one and a half years, you could actually hit an interstate with it. Offered at the immediate purchase price of $4,500, the buyer got a great deal. Well bought. AMERICAN #13-1923 INDIAN SCOUT motorcycle. S/N 52V613. Eng. # 52V613. Burgundy/ brown. Very nicely restored bike. First year for the Indian Scout, which was probably one of (quite common in U.K. then), and still has some of the sidecar accessories, like parking brake and reverse. Cond: 3. SOLD AT $64,200. This sold in the later Indian four price range. Early American fours (or “big yanks” as called in the U.K.) are not quite as popular as the later, more rideable fours. Well bought. #28-1930 HARLEY DAVIDSON VC motorcycle. S/N 31VC1993. Eng. # 31VC1993. Green & orange/brown. Odo: 15 Plain done right, as they say, by a known VC expert. Great paint scheme, and it even has the cadmium-plated wheels. Said to be one of 465 Sale. Cond: 1-. NOT SOLD AT $28,400. Seller was looking for $32,260 on an instant buy. I’ve seen others sell for that much before, but without known history, that might be a stretch. #37-1978 HARLEY-DAVIDSON XLCR motorcycle. S/N 7F12738H8. Eng. # 7F12738H8. Black/black. Odo: 9 miles. A new bike from 1978, showing just delivery miles, never started by the owner. Just a two-year run, with few built in ’78. The XLCR was one of Willie G. Davidson’s styling exercises. It was not a sales success, and like most initial failures, it became a cult classic. Cond: 2. SOLD AT $19,260. Well bought. “Used” examples trade hands for not too much less. This was as fresh as they get. Service it, ride it and watch the value go down. Sit on it, do nothing, and you won’t lose money. © 160 Sports Car Market

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eBay Motors Online Sales Modern Performance Hits and Misses I’d bet dollars to doughnuts that what was in the car was more than the owner got back L ast month, we took a look at cars that tempt fate every time we get behind the wheel. On this month’s drive through eBay Motors, we look at cars that can also depend on luck — but in a different way. Unlike the strangely engineered Suzukis and Yugos, these are modern, highly modified performance rides that need steady hands to avoid careening off the pavement. A bit of luck doesn’t hurt, either. Condition inferred from seller’s descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. (sf=seller’s feedback) by Chad Tyson Market opinions in italics #140835102676-2008 LOTUS EXIGE S240 coupe. S/N SCCWC11108HL81102. Storm Titanium Metallic/black cloth. Odo: 2,441 miles. 4 photos. Columbia, SC. “Factory warranty until 9/13. Stored in a humidity-controlled environment. All service performed by Lotus dealership. One-owner car, purchased new in September 2010. Limited slip differential, track pack, touring pack, Star Shield, Larini SC track exhaust, Blaupunkt subwoofer. navigation. 11-point race-certified roll cage. Sparco four-point safety harness. Forgiatto lightweight racing wheels. Brembo GT kit with 12-piston front and eight-piston rear calipers. Cross-drilled rotors and race pads.” 34 bids. sf 3. Cond: 2-. SOLD AT $45,000. The seller didn’t say what was in the car, but I’d bet it was more than they got back. Still, the modifications to this one worked out (more or less), as the car sold for about $18k over market. Well sold. Not tracked or subjected to adverse weather — enjoyed once a year on the mountain parkways of NC during the foliage change. Two nicks on star shield. Three small touch-ups.” Best Offer. sf 2. Cond: 1-. SOLD AT $52,000. While not highly modified from stock, this was a significant upgrade on the track from the Elise. This one went for maybe $5k above usual market, but it’s a fair deal given its light use and no abuse. #190716805931-2001 PORSCHE 911 Turbo custom coupe. S/N WP0AB29931S686990. Red/black Alcantera. Odo: 61,382 miles. 24 photos. Beverly Hills, CA. “Fully modified and customized. Track-ready. Just had its 70k-mile major service. Built by Wicked Performance in Los Angeles. 700 hp at the crank. Full-custom Alcantera interior with red stitching. GT2 race seats. Greddy turbo boost controller. Pioneer deck with 3D #160864547624-2008 LAMBORGHINI MURCIELAGO LP640 roadster. S/N ZHWBU47S88LA03177. Black/black & red leather. Odo: 8,970 miles. 38 photos. Irvine, CA. “Showroom condition. Black calipers. iPod connector. Black piano trim. Xenon headlamps. Q-Citura stitching. E-gear transmission. Carbon ceramic brakes. Klassen wheels. Upgraded radar detector. Allaluminum, DOHC, 6.5-liter V12. 4WD, elec- packages was a huge chunk o’ change ($27k according to the listing resulting in $60k total investment), and that’s not money any owner is likely to see back for a long time. A normal GT convertible goes in the $17k to $25k range, but that’s with just 300 horsepower. This is a cheap 475 horsepower. Well bought, even $8k over market. #190718175889-2010 DODGE VIPER Hennessey Venom 700R coupe. S/N 1B3AZ6JZ5AV100384. Graphite Metallic/ black & tan leather. Odo: 11,861 miles. 88 photos. Bensenville, IL. “Has the following options and upgrades: premium leather, 6-spoke chrome aluminum wheels (Fr:18x10 Rr: 19x13), Hennessey Venom 700R package: High-Flow Cylinder Heads, Hennessey stainless steel long tube headers, high-flow cats, tronic self-adjusting suspension, premium sound system. Asymmetric interior trim, navigation system.” 23 bids. sf 156. Cond: 1-. SOLD AT $218,900. Another non-modified car, but with the usual wild Lamborghini reputation. Just four years ago these sold for $345k new, which makes this a 64% drop in that time. I’m sure the new owner is optimistic there won’t be a similar drop during the next four years. Fair market price. #150887911883-2007 FORD MUSTANG GT Roush Stage 3 convertible. S/N 1ZVFT85H875217854. Black/black vinyl/dark charcoal leather. Odo: 31,796 miles. 98 photos. Las Vegas, NV. “Roush Stage 2 package. Roush Stage 3 supercharger package. Roush high performance front big brake kit. Shaker 500 audio system.” 7 bids. sf 526. Cond: 2+. SOLD AT $32,998. The Roush 162 stainless steel three-inch exhaust, K&N air filter, engine management calibration. Excellent condition inside and out. Clean CARFAX and Autocheck.” 14 bids. sf 291. Cond: 1-. NOT SOLD AT $68,100. There are a lot of skeptics in the Viper community with Hennessey upgrades, so they aren’t likely to translate into a higher resale, despite the $17k Venom package. The seller listed a Buy It Now at $82,900, so no wonder there wasn’t a deal here. Still, the bid money was light. © Sports Car Market

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Mystery Photo Answers Honey, I said I wanted a PORCH off the master bedroom! — Gordon Apker, via email preservation theories. — Gary Francis, Chico, CA Brush on a little POR-15, rattle-can it and you’re good to go! — Tom Neyer, Gillette, WY Porsche Rust Carrera II — Anthony Carboni, Melville, NY Rust? Nope, been a California car all its life. — LeRoy Ginn, Castro Valley, CA Publisher Martin’s attempt to cash in on the rapidly appreciating world of Modern Art. — Mike Buettell, Roche Harbor, WA Extra! Extra! First stills now available from Hollywood’s latest horror extravaganza: “Attack of the Flying Teutonic Fright Pigs.” — John Ratto, Las Vegas, NV He finally found a fool-proof RUNNER-UP: A loyal Porsche, who gave its all to its owner, on the way to heaven. Rust in Peace. — Alan Sosnwitz, Stamford, CT Look out, Bubba, that 911 Fright Pig can fly. — Phil Schroeder, Platte City, MO Bitten by a radioactive VW Bug, SpyderPorsche explores his newfound powers by scaling a wall. — Chris Racelis, LaGrange, IL A photo from Ralph Nader’s newest book, Unsafe at Any Height. — Erik Olson, Dublin, CA In a recently discovered San Francisco archive photo, Steve McQueen and his fellow PCAers are caught rehearsing the more challenging parts of the later-tobecome-famous “Bullitt” chase. Prior to shooting the scene, the route and car were dumbed down for wider audience appeal. — Seth Feigenbaum, San Francisco, CA I knew I should have taken the Amphicar. — Joe Amft, Evanston, IL Condition: 2. Clean and tidy inside. Needs a little work on 164 rust. Never been dropped. — Phil Stevens, Lake Oswego, OR “The Italian Job” was just a movie, dude. You can’t really drive your car up and down the stairs. — Roger Wooley, Portland, OR Beam me up, Scotty, and warp speed away from these Wisconsin winters! — Bobby Lynn, Kewaskum, WI Fresh rocker-out respray just completed. Just add new deco and send this baby to auction! — Danny Reynolds, via email There go several of my car This Month’s Mystery Photo Response Deadline: October 25, 2012 Our Photo, Your Caption Be the author of the most accurate, creative or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@sportscar-market.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. way of preventing his son’s unauthorized use of the Porsche. — Jim Graham, New Canaan, CT Pssst, Publisher Martin, keep writing about high early 911 sale prices! Our rustoration starts next month! — Peter Zimmermann, Bakersfield, CA John’s taste in cars was a little off the wall, but some of his vehicles were really over the top. — Dean Herbert, Mechanicsville, MD Why do I have it hanging on the wall? To keep my kids from messing with it. That car’s a classic. — Nathan Maddox, Springfield, IL Elmer, you’d better run down and pick up another quart of Bondo. — Joe Leach, via email “The Flying Hun” — Don Scott, Calistoga, CA Somebody dial 911; we got us a jumper! — Luke Kowalski, Belmont, CA Gobble, gobble, crunch, crunch! German tin worm eating lunch. — R.P. “Skip” Ritner, Spokane, WA yet-valuable SCM hat for sharing the challenges that home renovations. © Gordon Apker wins a tatteredcome with Sports Car Market

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Comments With Your Renewals They are only original once. Great coverage, Keith and team! — Jeff Fieldhouse, Bend, OR For the Dino 246 in the Price Guide, shouldn’t original European delivery fetch a premium? — F. Thomas Lee, Arlington, VA My favorite read! — Earl Whittemore, Peralta, NM Great publication and per- fectly satisfied. — Christopher L. Owen, Stockbridge, MA Add a “truck-focused” magazine to supplement your SCM + ACC. Thanks. — Daniel Mix, Grove City, OH Still loving it! — Klaus Chavanne, Lagrangeville, NY I would like more motor- cycle auction results! — James Truitt, Carmel, CA Great magazine! — John Farrall, Greenville, SC Simply the best car magazine currently available. Maybe the best ever available. — Larry G. Siferd, Lima, OH More ’20s and ’30s articles. — John W. Sheard, Sandringham, Victoria, Australia Excellent!! — Eric Overcash, Kannapolis, NC Bring back Jim Schrager — Peter Hayes, Unionville, PA Simply the best. Better than the rest… — Gary Kiernan, Cave Creek, AZ Terrific pub. — Carl Dickson, Doswell, VA I would prefer a bit more coverage of cars under $50,000 and less on muscle cars. The legal column is very interesting and potentially very useful. — George Jewett, Marietta, GA My favorite car magazine. I read it cover to cover each month. Still looking for some motorcycle coverage. John Stein can do this!! — Dan Reichel, Oceanside, CA Motorcycles rule. — Paul Cassel, Albuquerque, NM Great read, enjoy following my Italian cars. — Frank Ferrari, Canada Best automotive magazine! — Greg Long, Spring Valley, CA November 2012 I have enjoyed watching the magazine grow since your Alfa Romeo Market Letter days. You just keep getting better and better! — Robert Fabrey, Farmington, NM Great publication — John Hutchinson Looking great, as usual. — Bruce Jenkins, Seneca, PA The only auto-related pub- lication that I read every page cover to cover. “Legal Files” is my favorite! Keep up the great work! — Don Goldman, San Diego, CA More Miles Collier, more Donald Osborne. Otherwise, just keep doing what you’re doing. — Edward Levin, West Hollywood, CA Only one comment: EXCELLENT! — Christopher L. Owen, Stockbridge, MA Bring back Michael Duffy! — Marc Maehl, Sparks, NV Keep up the good work! — Michael Bailey, Plymouth, MI More knowledgeable discussions and descriptions of pre-war classics — always include coachbuilder, replacement body, etc. when appropriate. — Matthew Sonfield, Oyster Bay, NY More features for us bottom-feeders! — Keith Lachowicz, Portland, OR Do a one-page tutorial showing the difference between a #1 and #2 car using photographic detail examples — ditto a #2 and #3 vehicle. — Russ Slaughter, Glen Ellyn, IL How about a story on the slow demise lately in vintage racing, in general? — David Gourley, Lithonia, GA There is a reason I speak highly of your products in Aspen — you’re simply the best! Warmest regards. — Wayne Floyd, Snowmass Village, CO Love it! — Adam Mohr, Monterey, CA Don’t change a thing — please! — David Preston, Rochester Hills, MI And thanks to all of you for your thoughtful comments and your renewals. — Keith Martin 165

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $66/month ($88 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds/place-ad to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. Email: Send photo (300 dpi jpg) and text, or text only, to classifieds@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snail mail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. English 1949 MG TC beyond-new standards with some wonderful performance mods making it the best driving Morgan on the planet. Finished in British Racing Green, green Connolly leather; Triumph powered with twin Webers, oil cooler, full belly pans, Brooklands windscreens, stainless steel exhaust. $55,000. 203.852.1670, Email: matt@deGarmoLtd.com Web: www.deGarmoLtd.com 1960 Austin-Healey 3000 Mk I BT7 S/N XPAG7723. Claret and beige. 1,200 miles since ground-up restoration. T registered. Multiple Octagon prizes. Chrome wheels, twin spares, finned aluminum brake drums. Many TC extras. $40,000 OBO. Contact Christopher, 413.298.9458, Email: chlownen@yahoo.com (MA) 1949 MG TC Coming soon: The best early 3000 on the planet. Matching numbers, two owners from new, low original mileage; all original factory books, tools, weather equipment. Comes with its factory original hard top. Never rusted, damaged, dinged or dented, ever. Razor-straight. Absolutely flawless condition, drives as new. Call for complete details. 203.852.1670, Email: matt@deGarmoLtd.com Web: www.deGarmoLtd.com Black/red leather. Fully restored. 1st in class every show, including AACA National Meet. Very low miles. Two owners. Very interesting history. Contact Fred, 815.227.1739 (IL) 1949 MG TC Recent restoration including mechanicals — rebuilt engine, new distributor, fuel pump, water pump, rebuilt carbs, horn, shock absorbers, etc. Fresh BRG paint, biscuit leather interior, tan canvas top, side curtains, tonneau. Rebuilt instruments and dash. New tires and tubes. Period wind wings and rear nerf bars. New panhard stabilizer for front end. Runs and looks great. Maiden voyage was a 560mile, trouble-free tour of the Oregon Willamette wine country. Need room in our inner-city garage. $38,750. Contact Burt, 312.951.8981, Email: burt@ fitzrich.com 1957 Morgan Plus 4 S/N CA736476. Red/black. 4,801 miles. 1275-cc, 4-sp. Incredible restoration on no-rust California car. See website for all details and more photos. $27,900 OBO. Contact Terry, 615-429-3161, Email: terrysimpson33@gmail.com Web: www.MusicCityMotorsports.net (TN) 1960 Alvis TD 21 drophead coupe S/N 26083. Midnight blue/blue/gray. 62,000 miles. 3-liter, manual. Sympatheically restored DHC, never any rust, two owners, new leather, almost-new convertible top. Probably the nicest TD 21 around for originality, in great driving condition. Original bill of sale and brochure, PL headlights, 4-sp etc. $70,000 OBO. Contact Peter, 250.338.0292, Email: peterbc@ shaw.ca (BC) (CAN) 1966 MGB roadster S/N 205402. Red/black. 3,400 miles. Ford Zetec, 5-sp. Like-new Lotus Birkin built in South Africa. 180-hp Ford Zetec motor. Has all its weather gear. Very fast and ready to enjoy. More pictures and information on request. $25,000 OBO. Contact Rick, 425.750.0378, Email: vintagebritishcars@whidbey. com (WA) 1968 Jaguar XKE Series 1.5 roadster 1960 Austin-Healey Bugeye Sprite S/N 1E14871. Blue/black. 20,044 miles. 6-cylinder, manual. Email for more photos. $5,880. Contact Randly, 909.295.3155, Email: goldwinj@ymail. com (CA) 1967 Lotus Super 7 6k miles. Rover engine. $75,000. Contact Michael, 917.202.4019, (NY) German 1956 Porsche 356A Speedster Bare-metal restoration by Kurt Tanner. Spectacular condition top to bottom. For the discriminating collector. Suitable for concours and tours. 510.653.7555, Email: sales@fantasyjunction.com Web: www. fantasyjunction.com (CA) 1967 Jaguar XKE convertible S/N 2R14717. Primrose/black. 48,000 miles. I6, 4-sp. Original, unrestored car meticulously maintained since new. Described by noted Jaguar expert as “the best original Series II he has ever seen and driven.” Many upgrades, all easily reversed. Complete service history and documents. Rebuilt engine. Stored in a heated, climate-controlled garage. Driven regularly. Always attracts a crowd. $68,500. Contact Alan, 717.951.1260, Email: aemerick@epix.net (PA) 1974 Austin Mini Moke S/N XL2S1N21292A. Red/Black. 3,500 miles. 1,275cc, 4-sp. Total restoration in 2005. Full weather equipment, top/side curtains, heater, alloy wheels, right-hand drive, used sparingly. See pictures on our website. $17,000 OBO. Contact Ned, 401.323.7005, Email: championms@aol.com Web: championms. com (MA) 2003 Morgan Roadster Factory Vantage coupe. Unquestionably the best DB series car ever in our inventory. National level concours condition, flawless in every respect. Threeowner history, low original mileage. Finished in gray metallic, Biscuit interior. Call for complete details. 203.852.1670, Email: matt@deGarmoLtd.com Web: www.deGarmoLtd.com 1967 Austin-Healey 3000 Mk III BJ8 convertible bumpers, pull-style door handles and overdrive. A superb driver that is 100% fully sorted for touring with complete confidence. Finished in red with a black interior. Immaculate rust-free body. Has new top and proper tonneau cover and comes with an incredibly rare factory hard top. $16,500 OBO. 203.852.1670, Email: matt@deGarmoLtd.com Web: www.deGarmoLtd.com (CT) 1966 Aston Martin DB6 Vantage S/N GBT003211. The Beauford Belle is no ordinary car. Over the last 23 years she has participated in the London, Chantilly, Maastricht, Disney, Edinburgh and Paris annual parades. She is classified as an historic vehicle and therefore not subject to road tax in the U.K., she is not difficult to maintain. $30,000 OBO. Contact Andrew, 07974 654 457, Email: divpups@ tiscali.co.uk (UK) 1971 Jaguar XKE Series II convertible SU carbs. Burgundy over saddle leather. Documentation and photo albums of restoration included. Stunning. $99,900. 847.689.8822, Web: www. thelastdetail.com (IL) 1970 The Beauford Belle One owner from new until the 1990s. Restored to 166 Very desirable early model with small chrome 243 miles on award-winning, complete frame-off restoration. Fully rebuilt, original 4.2-liter w/triple White/red. 4-cylinder, manual. This is an excellent, restored 356A Speedster. Stripped down and repainted in original color Speedster White (#3051). All chrome has been redone, full new correct interior, new soft top, all-new rubber seals. Correct, but not matching to this car, 1600-cc normal motor completely rebuilt, transmission rebuilt, all-new brakes, front end refurbished. This is an opportunity to own a fully restored classic speedster. $61,000 OBO. Contact Mario, +62.813.1542.8343, Email: mgmotorindonesia@live.com (INDONESIA) Sports Car Market

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SCM Showcase Gallery 1957 BMW Isetta 300 heated garage for 32 years. Show-condition quality. Original spare and tool roll. $25,400. Contact Neal, 612.839.9716, 1984 Porsche 928S Italian 1961 Autobianchi Bianchina Transformable American 1942 Packard Super Eight 160 convertible Sliding window coupe, new brakes, stainless steel luggage rack. Only 35,171 original miles. Safari front vents. Original tan interior and tan sunroof. This is the original “More Smiles Per Mile” microcar. Great for parades and trips to the store. $32,000. Contact Burt, 312.951.8981, Email: burt@fitzrich. com 1963 Porsche 356B Super cabriolet Like new. Two-owner, 29k original-mile S4 with service history and books. Guards Red over black leather. Fully equipped with pw, pl, p-seats, a/c, p-mirrors, sunroof, cruise. One of the first V8 GTs. $34,900. 847.689.8822, Web: www.thelastdetail. com (IL) 1986 Opel Rekord Sport Extensive and expensive restoration. Fresh paint, new factory-rebuilt 650-cc engine and all-syncro transmission. New correct blue and white upholstery and top. New tires and all correct emblems. Just won 2nd place in Italian concours. Drives like a dream. $62,500. Contact Burt, 312.951.8981, Email: burt@ fitzrich.com 1971 Ferrari 365 GTB/4 Spyder conversion S/N 15792133. Regal Maroon/brown and tan. 66,000 miles. 356-ci, overdrive. Car 133 of 165 built. Dual sidemounts, dual heaters. Original interior. AACA winner, body never off frame. Blueprinted and balanced engine, CARavan proven. Six new radials 700R15 whitewalls. Hydraulic top. $139,500. Contact Charles, 845.452.3137, Email: emitch7@ aol.com (NY) 1947 Lincoln Continental cabriolet ’66 Chevrolet running gear, ‘76 Cadillac interior. Documented. Shipped to Mexico by Lincoln with km speedo and radio/heater delete. Everything works. Looks and runs good. $11,500. Contact Bob, 323.653.7736, Email: redhare@dslextreme. com (CA) S/N 158372. Recently restored, matching numbers T-6. Runs and drives wonderfully. Excellent power. Taut, responsive chassis. Tool roll and jack. $118,500. 510.653.7555, Email: sales@fantasyjunction.com Web: www.fantasyjunction.com (CA) 1973 Volkswagen Thing S/N 1833023202. White/Black. 30,000 miles. 1600cc, 4-sp. No rust ever. Runs great, looks great, new interior and top. Completely stock in appearence and mechanically. Factory roll bar, factory brush guard, spare tire carrier on rear bumper. See our website for pictures. $12,500 OBO. Contact Ned, 401.323.7005, Email: championms@aol.com Web: championms.com (MA) 1974 Porsche 914 S/N WDBEA66E2RC098726. Champagne/tan. 154,620 miles. 6-cylinder, automatic. Very nice ‘94 Benz rag top. Great condition. Heated leather seats. CD changer. Maintained very well. $6,900. Contact Elliot, 805.239.8863, Email: flymach86@hotmail. com (CA) 2010 Porsche Panamera 4S S/N 4742906755. Delphi Green Metallic/One repaint on original, optional Porsche color. Stock 2.0 liter. Known history, maintenance with records, refurbished as needed, no dash cracks. Excellent condition. $15,000. Contact C.C., 941.661.2924 1979 Porsche 930 Turbo 24k original miles. Rare Carbon Gray over Luxor Beige. Full leather interior, over $29k in factory options including Sport Chrono package and PDK 7-sp automatic with paddle shifters. Flawless. $84,900. 847.689.8822, Web: www.thelastdetail.com (IL) 2010 Porsche 911 Carrera S Limited Sport model by Opel house-tuner IRMSCHER. 2.2-liter, fuel-injected 4-cyl, 5-sp, Recaros, spoilers, tuned exhaust, aluminum wheels, full instruments, original d’grey metallic. 90 miles. $9,500. Contact Kathryn and Gunther, 906.265.3475 (MI) 1994 Mercedes-Benz E320 convertible S/N 14047. Strong presentation of mechanically sorted European Daytona. Conversion done using bucks taken from an original Spyder. Tools. $355,000. 510.653.7555, Email: sales@fantasyjunction.com Web: www.fantasyjunction.com (CA) 1972 Ferrari 365 GTB/4 1949 Dodge DeLuxe 2-dr sedan Green/81,599 miles. 230 flathead, 3-sp manual. 1,500 miles on rebuilt 230-ci flathead six. Balanced engine now 0.040-over. Includes dual Stromberg carbs on Offy Intake & Fenton exhaust manifolds. Saved all the original parts. $14,000. Contact Shawn, 503.796.0858, Email: pdxjeep@live. com (OR) S/N 14989. Outstanding, preservation-grade example with 23,393 miles, original paint, well preserved interior. Drives as new. Complete books and tools. $410,000. 510.653.7555, Email: sales@ fantasyjunction.com Web: www.fantasyjunction. com (CA) 1974 DeTomaso Pantera GTS 1964 Ford 289 HiPo Factory Service block S/N C4OE6015F 5H26. August 26, 1964 production. Shelby Cobra, Ford Mustang, Sunbeam Tiger. 0.030 overbore, T-pan, non-HiPo screw-in stud heads, distributor, harmonic balancer, alternator w/HiPo pulley, mechanical camshaft and intake. Need refreshed, but was running a few weeks ago. Email for photos and video. $4,800. Contact David, Email: dphunt61@yahoo.com (GA) 1965 Shelby Cobra replica roadster Show quality two-owner car. Stunning condition in every way. Rare factory GTS, professionally rebuilt motor to 450+ horsepower. Finished in red, black leather. Fitted with GT5 seats for comfort, original seats come with car. Runs and drives without fault. $75,000. 203.852.1670, Email: matt@deGarmoLtd. com Web: www.deGarmoLtd.com (CT) 1974 Ferrari Dino 246 GTS Exceptional example with 19,400 miles. U.S.-delivery car. Silver over red leather. Original and mechanically superb. Books and tools, complete with Porsche COA. $59,500. Contact Marc, 973.715.4779, Email: taubercars@yahoo.com 1979 Mercedes-Benz 450SL Like new. One owner with 7k original miles. Stunning black over Carrera Red full leather interior. Over $20k in factory options including Sport Chrono package and PDK 7-sp automatic with paddle shifters. Balance of factory warranty. $80,900. 847.689.8822, Web: www.thelastdetail.com (IL) S/N 5F08C248022. Red with silver stripes/black leather. 3,800 miles. Stroked 427, 4-speed top loader. 9½-inch rear. Tubular steel frame, Koni shocks, Mallory ignition, 15-in BF Goodrich Comp T/A, Mid State body and clip, dual exhaust with headers, 4-wheel disc brakes, 550 horsepower. No roll bar. Manufactured by Shelby American, Inc, Los Angeles, CA. Merrill Yeager Of Yeager Automotive built car in 2004. If you cannot afford or don’t want to take your real example out on the road, please consider this beauty. $49,995 OBO. Contact Scott, 732.433.3939, Email: Scottrace1@verizon.net (NJ) 1966 Shelby GT350 H Coming soon, a great Dino. Collector-owned and maintained. Bobileff engine and transmission documented rebuild. This is a beautifully presented, fully sorted car. Ready for touring now. $275,000. 203.852.1670, Email: matt@deGarmoLtd.com Web: www.deGarmoLtd.com 21,578 one-owner miles from new. Stored in a 168 Incredible original car. Two-owner history from Sports Car Market

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SCM Showcase Gallery new, low original mileage, immaculate, rust-free, razor-straight body. Never damaged, raced or abused in any way. Matching number engine and transmission (automatic). Finished in white with gold stripes, black interior. Fitted with period-correct air conditioning. A rare opportunity to own a blue-chip car that’s original. $135,000. 203.852.1670, Email: matt@deGarmoLtd.com Web: www.deGarmoLtd. com (CT) 1966 Chevrolet Corvette convertible S/N 194676S113981. Black/White. 427, 4-sp. Original 427/390, 4-sp. Black with white leather interior and white convertible soft top/black factory hard top. Factory headrests, knockoff wheels, side pipes, AM/ FM radio, GoldLine tires, Teak steering wheel. It is absolutely stunning. See our website for pictures. $69,000 OBO. Contact Ned, 401.323.7005, Email: championms@aol.com Web: championms.com (MA) 1968 AMC AMX S/N A8M397N255058. Red/Black. 290, 4-sp. 1968 AMX, 4-sp, 290 4-bbl carb, brand new correct interior, restored original steering wheel, never rusted. Looks and runs great. See our website for pictures. $15,900 OBO. Contact Ned, 401.323.7005, Email: championms@aol.com Web: championms.com (MA) 1970 Chevrolet Chevelle SS 1971 Chevrolet Corvette convertible Two-top 454 LS5. 4-sp, older restoration, original/ matching numbers. White over saddle leather. Excellent mechanicals and cosmetics. No hit, original fiberglass, bonding strips. New RWL tires. Excellent frame, power steering, tilt/tele. $37,500. Contact Ken, 248.626.5500, Email: kal@thepdmgroup.com Race 1956 Porsche 356A racer S/N 57503. Guards Red/Black upholstery with red dash and roll bar. 100,000 miles. 1620-cc, 741 4-speed, race configuration. Vintage Race car. Raced at all major tracks on the West Coast with most all vintage clubs. Please see details on website. $65,000. Contact Ken, 775.721.0020, Email: hollmank@sbcglobal.net Web: www.porsche356vintage.com (NE) 1966 Shelby GT350H fastback Gold/black. 30,420 miles. V8, automatic. 1970 CHEVELLE SS L-34 396/350, TURBO 400 AUTO, #’s MATCH WITH ZL-2 COWL INDUCTION AND F-41 HD SUSPENSION! $6,800. Contact Carol, 213.377.5527, Email: mhansen74@ymail.com (CA) S/N SFM6S814. Black/black and gold. 289 HiPo, C4 automatic. ”Rent-a-Racer” A well-documented #6S814 GT350H. Complete history with paperwork and photos going back to 1969. This is not a trailer queen. Track-ready. $98,000. Contact Jim, 816.510.6406, Email: jnknance@gmail.com (MO) © 170 Sports Car Market

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com. 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@artcurial.com. www.artcurial.com/motorcars. (FR) 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. $0 insertion fee. $60 listing fee if vehicle sells for under or at $2,000, $125 if it sells for over $2,000. Visit the “Services” section on www.ebaymotors.com for more details. 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 Confi dence. www.auctionsamerica.com. (IN) Exoticars USA. 908.996.4889, Wil 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 fi nest 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 watches unique and select vehicles while attendees enjoy a lifestyle experience featuring fi ne 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) de Groot’s Exoticars USA has serviced and restored Ferrari, Maserati and Lamborghini in the NJ, PA, NY region since 1979. We’re passionate about keeping your car fast, reliable, beautiful and authentic. Our mechanical, paint/ body, electronic, machining and fabricating work is unsurpassed and awardwinning. We have specialized equipment and knowledge to service newer and vintage models and everything in between. www.exoticars-usa.com. (NJ) Leake Auctions. 800.722.9942, Join Leake Auction Company as they celebrate 40 years in the collector car auction industry. Their unsurpassed customer service and fast-paced twolane auction ring makes them a leader in the business. Leake currently operates auctions in Tulsa, Oklahoma City, Dallas and San Antonio. Visit them online at www.leakecar.com or call 800.722.9942. Upcoming Auctions: Dallas — November 16–18, 2012 at Dallas Market Hall Russo and Steele Collector Auto- mobile Auctions. 602.252.2697, Fax: 602.252.6260. Specializing in the fi nest European sports, American muscle, hot rods and custom automobiles; Russo and Steele hosts two recordbreaking 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) 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) Mecum Collector Car AuctionGooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest, award-winning examples of collector vehicles at the most prestigious auction venues. Our team of well-qualifi ed experts will advise you on current market values. Gooding & Company presents the offi cial 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. (U.K.) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (U.K.) Bonhams. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103. www.bonhams.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Hollywood Wheels Auctions & Shows 800.237.8954, Hosting two auctions a year in beautiful Palm Beach, FL, March & December. Offering quality collector cars and personalized service, all in a climate-controlled, state-of-the-art facility. Come be a part of the excitement! Check us out at www.hollywoodcarauctions.com... Where Collectors Collect! See You On The Block! Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall 172 RM Auctions, Inc. 800.211.4371, 519.351.1337. With over three decades of experience in the collector car industry, RM’s vertically integrated range of Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Drive, Palm Springs, CA 92262 A family-run auction house producing two large classic cars auctions per year. McCormick’s Palm Springs Auctions has been in business for over 25 years, and each auction features over 500 classics & exotics. www.classic-carauction.com. (CA) Worldwide Auctioneers. 800.990.6789 or 1.260.925.6789, Worldwide Auctioneers was formed over a decade ago by vintage motorcar specialists Rod Egan and John Kruse. The sale and acquisition of classic automobiles is our core business, and no one is better qualifi ed. Worldwide is unique in having owners who are also our chief auctioneers, so you deal directly with the auctioneer, and we are wholly invested in achieving the best result for you. Our auctions are catalogue-based, offering a limited number of higher-end consignments, with an emphasis on quality rather than volume. (We don’t limit ourselves to only selling the most expensive cars in the world, but do ensure that every car we consign is the very best of its type.) Sports Car Market 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) 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, MO; Springfi eld, MO; and Phoenix, AZ. 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 866-5439393 or online at www.motoexotica. com. Worth the trip! Silver Auctions. 800.255.4485, 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 consignors are everyday people with a passion for Nostalgic and Collector cars. Come see the difference at Silver Auctions. 2020 N. Monroe, Spokane, WA 99205. Email: silver@silverauctions.com, www.silverauctions.com. (WA) Specialty Auto Auctions and Sales. 800.901.0022, Established by Bruce and Helen Douglas in 1987. Based in Colorado and doing auctions in Colorado, Nevada and South Dakota. This year we will join forces with Hot August Nights and B & T Custom Rods for two sales in Nevada. We will also be working with Automania for sales in South Dakota. For personalized service contact us. www.saaasinc.com. (CO) RESOURCE DIRECTORY

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In addition to helping collectors buy and sell cars at auction, we offer specialist-appraisal, estate-management and collection-consultancy services. Our dedicated private sales division serves the needs of individual collectors who seek privacy or to acquire vehicles that may not be available on the open market. www.worldwide-auctioneers.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 Gooding & Company. 310.899.1960, Gooding & Company’s experts are well-qualifi ed to appraise 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) 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 International Auto Appraisers 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) Resource. Use IAAA Appraisers’ to perform insurance and legal appraisals and pre-purchase inspections. It is IAAA, the largest association that certifi es auto appraisers, who follow ethics, participate in ongoing training for IAAA/Uniform Standards for Automotive Appraisal Procedures™. Certifi cations include Master Automotive Appraiser™ and Automotive Arbitration/Mediation Umpire™. The apprentice program was used by Mitchell International and other qualifi ed applicants from the automotive industry. Locate IAAA members and get association info. www.autoappraisersassociation.com. Luxury Brokers International. Brighton Motorsports. 480.483.4682, Brighton Motorsports, Scottsdale, AZ, 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) 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. indiGO Classic Cars. 888.255.5546, indiGO Classic Cars buys individual cars and collections specializing in the purchase of Ferraris, Lamborghinis, Maseratis, Porsche and Mercedes. indiGO will pay for shipping, handle paperwork and will gladly pay fi nder’s fees. indiGO has capital and large lines of credit to pay the highest prices. indiGO Classic Cars is an indiGO Auto Group dealership. www.indigoclassiccars.com. (TX) Paul Russell and Company. West Coast Auto Appraisals. 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. Effi cient, personal service. www.alfapartscatalog.com. (CA) 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 web site for a full list of services. www.thecarappraiser.com. (CA) Automobilia Coachbuilt Press. 215-925-4233, Auto Appraisal Group. 800.848.2886, Offi ces located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certifi ed, confi dential, prompt, professional. “Not just one man’s opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. Coachbuilt Press creates limited edition automotive titles for the discriminating motoring enthusiast. We present exceptional material on the most signifi cant collections, museums and marques with a balance of authoritative writing, precise research, unique historical documents and the modern photography of Michael Furman. Please visit our website to view our latest titles and order. www.CoachbuiltPress.com (PA). 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. 760.758.6100, restoration 760.758.6119. Always buying: Offering top dollar for your European classics. Always selling: 3 showrooms with an excellent selection to choose from. Always Restoring: We feature an award-winning, world-class restoration facility, with the expertise to restore you car to any level, including modifi cations. Super craftsmanship; attention to detail; knowledgeable staff; servicing all of the collector’s needs. Located in San Diego County. Email: sales@classicshowcase.com, www.classicshowcase.comm. (CA) Hartek Automotive, 319.337.4140, Hartek Automotive is a division of Hartwig Motors Inc., one of the oldest automotive retailers in the Midwest since 1912. Hartek Automotive specializes in the maintenance and sale of sports and prestige automobiles. Their reputation for service continues with a very personalized approach to maintenance of an individual’s daily driver, to the restoration of that special automobile. Hartek Automotive also offers pre-sale or post-sale inspections. Located in Iowa, we are equally accessible for the enthusiast from anywhere. Drive in or fl y in...you will fi nd us most accommodating. www.hartekautomotive.org (IA) November 2012 Classic Car Transport Motor Auto Express, Inc. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) 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 fi ne collectibles. Repeat customers are the lifeblood of our business. Contact us today to join them. Car Sales Manager, Alex Finigan: Alex@paulrussell.com. (MA) The Last Detail. 847.689.8822 North Chicago / Kenilworth, IL, As “Trusted Advisors” for over 35 years, we have been helping enthusiasts make critical decisions before creating costly mistakes. Whether servicing, buying or selling, your one stop destination for all of your automotive needs, Down to.... The Last Detail! www.thelastdetail.com. (IL) 173

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com. tact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) 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. Passport Transport. 800.736.0575, 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 fi ne automobiles, and it shows. www.PassportTransport.com. Collector Car Insurance Hagerty Insurance Agency, LLC. 800.922.4050, is the leading insurance agency for collector vehicles in the world and host to the largest network of collector car owners. Hagerty offers insurance for collector cars, motorcycles and motorcycle safety equipment, tractors, automotive tools and spare parts, and even “automobilia” (any historic or collectible item linked with motor vehicles). Hagerty also offers overseas shipping/touring insurance coverage, commercial coverage and club liability coverage. For more information, call or visit www.hagerty.com. (MI) AUTOSPORT DESIGNS, INC. 631.425.1555, All Aston Martin models welcome regardless of age, as new inevitably become old! Routine servicingcomplete 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) 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 Classifi eds www.ferrarichat.com. Lamborghini Houston. Barrett-Jackson is proud to endorse a new breed of insurance for classic, antique, exotic, special-interest, contemporary classic and limited-edition cars. To get a quote is even easier with our new online improvements. Go to www. barrett-jackson.com/insurance/, select Get a Quote, enter in a couple of key pieces of information about your vehicle and get an estimated quote within seconds! It’s that easy. Don’t be caught without the right insurance for your vehicle. In the unfortunate aftermath of damage to your vehicle, learning that your insurance won’t restore your prized possession to its former glory, or appropriately compensate you for your loss, is the last thing you want to hear. To get a quote by phone, call 877.545.2522. Heacock Classic. 800.678.5173, We understand the passion and needs of the classic-car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. (FL) Classic Showcase. 760.758.6100, restoration 760.758.6119. World class full service restoration facility. Creating show/show drivers, and driver restorations. Specializing in British, German and Italian classics. Superb fi t; attention to detail; great craftsmanship; knowledgeable staff; passionate on quality. Located in San Diego County. sales@classicshowcase.com www.classicshowcase.com. (CA) 888.588.7634, Lamborghini Houston is a factory authorized Lamborghini dealership offering customers new and pre-owned Lamborghinis in addition to one of the largest selections of exotic cars in the United States. With one of the fi nest service facilities in the world, Lamborghini Houston consistently services all exotic cars including Ferraris, Maseratis, Lamborghinis, Bentleys and Aston Martins. Lamborghini Houston offers shipping nationwide. Lamborghini Houston is an indiGO Auto Group dealership. www.lamborghinihouston.com. (TX) Fourintune Garages Inc. J.C. Taylor Insurance. Chubb Collector Car Insurance. 1.866.CAR.9648, The Chubb Collector Car Insurance program provides fl exibility 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 modifi ed — 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 specifi c events. Please contact Mark Cooke and or Kevin Way. Grundy Worldwide. 888.647.8639, Grundy Worldwide offers agreed value insurance with no mileage limitations, zero deductible*, and high liability limits. Our coverages are specifi cally designed for collectible-car owners. From classic cars to muscle cars, Grundy Worldwide has you covered. (*Zero deductible available in most states.) 888.6GRUNDY (888.647.8639). www.grundyworldwide.com. (PA) English 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 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 con- 174 Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ Sports Car Market 262.375.0876, www.fourintune.com. With over 25 years of experience in complete ground-up restoration on British marques — specializing in AustinHealeys for 35 years. Experience you can trust, satisfi ed customers nationwide. Visit our web site for details on our restoration process. Located in historic Cedarburg since 1976 — just minutes north of Milwaukee. (WI) RPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our web site 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. Finance Premier Financial Services is the nation’s leading lessor of vintage and exotic motorcars. Our Simple Lease Program is ideal for those who wish to own their vehicle at the end of the term, as well as for those who like to change cars frequently. Our Simple Interest Early Termination Program allows you the fl exibility of fi nancing with the tax advantages of leasing. Contact Premier at 877.973.7700 or info@pfsllc.com. www.premierfi nancialservices.com (CT) RESOURCE DIRECTORY

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German Import/Export Cosdel International Transportation. Classic Showcase. 760.758.6100, restoration 760.758.6119. World class full-service restoration facility. Creating show/show drivers, and driver restorations. Specializing in German, British, and Italian classics. Superb fi t, attention to detail, great craftsmanship, knowledgeable staff, passionate on quality. Located in San Diego County. sales@classicshowcase.com www.classicshowcase.com. (CA) Since 1960 Cosdel International Transportation has been handling international shipments by air, ocean and truck. Honest service, competitive pricing and product expertise have made Cosdel the natural shipping choice for the world’s best-known collectors, dealers and auction houses. If you are moving a car, racing or rallying, or attending a concours event overseas, Cosdel is your comprehensive, worldwide resource for all of your nationwide and international shipping needs. We are your automobile Export Import Experts. 415.777.2000 carquotes@cosdel.com. www.cosdel.com. (CA) European Collectibles, Inc. 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 vehicles in stock to choose from. European Collectibles also offers complete mechanical and cosmetic restorations to concours level along with routine service. Located in Orange County, CA, between Los Angeles and San Diego. Sales@europeancollectibles.com or visit our website www.europeancollectibles.com. (CA) Inspections Automobile Inspections LLC. 860.456.4048, “When you need the job done right.” The nation’s premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Italian Hamann Classic Cars. Mercedes-Benz Classic Center. 1.866.MB.CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts — for vintage car sales, meticulous restorations by manufacturer-trained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www.mbclassiccenter.com. (CA) 203.918.8300, with more than 30 years in the industry and worldwide clientele in dealing in European race and sports cars, specializes in classic Ferraris of the ’50s & ’60s. www.ferrari4you.com Literature Via Corsa Car Lover’s GuidePorsche of North Houston. 888.588.7634, Porsche of North Houston is a factory authorized Porsche dealership committed to all things Porsche. Porsche of North Houston activates experiential Porsche ownership for customers offering a large selection of new, pre-owned and vintage Porsches. We offer nationwide shipping. Porsche of North Houston is an indiGO Auto Group dealership. www.porscheofnorthhouston.com.(TX) 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, opened in June 2012 in Tacoma, WA, explores how the automobile has fulfi lled a distinctive role at the core of the American experience and shaped November 2012 175

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com. our society. The spacious museum with rotating exhibits is designed to be the centerpiece for automotive history as well as an educational center and library. The campus also contains a 3.5-acre show fi eld, theater, café, banquet hall and meeting facilities. To become an ACM member, volunteer or make a donation, visit www.lemaymuseum.org. (WA) Parts and Accessories Autobahn Power 877.683.3001 We specialize in complete Performance and Modifi cation 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, effi ciency and safe upgrades to your ride. Choose us! Autobahn Power! Visit us at autobahnpower.com. Restoration — General Alan Taylor Company Inc. 760.489.0657, is a full-service automotive restoration and repair facility that specializes in Pre and Post-War European and American Automobiles. With an emphasis on French Marques including Bugatti & Delahaye and over 50 years of experience in the automotive fi eld, we have proven to be a leader in the automotive industry. Our facility provides a full-array of services including Fabrication, Metal-Shaping, Engine & Transmission Rebuilding, Machine Shop, Award-Winning Upholstery, Paint Shop and Pattern Making & Castings. Providing these services in-house has proved to be highly effi cient and has enabled us to provide our clients with the highest level of old-fashioned quality workmanship, professionalism and client services. trol at all times. Projects are carefully managed through all tasks, and owners are kept informed with weekly email reports, phone calls and photographs. We are skilled in all aspects of the craft of restoration and are as comfortable coach building a car from scratch as we are doing light maintenance on rare and valuable cars or tune-ups on the family’s original heirloom Model T. If you want your car worked on by a company that still maintains their passion of the hobby and provides you with the accountability of good friends, give us a call. We look forward to hearing from you. David Grainger/Janice Stone, proprietors. www.guildclassiccars.com. (CAN) Performance Restoration. 440.635.0053, Exciting new location in Northeast Ohio, close to major highways. As always, an open, clean, well-equipped, busy facility. Several projects from antique to sports cars in the works. Always time to help fellow enthusiasts with advice. What can we help you with? supercharged@windstream.net. (OH) High Mountain Classics. Bob Smith Coachworks Inc. Griot’s Garage. 800.345.5789, Griot’s Garage celebrating over 21 years as your best source for a full line of car care cleaners, polishes, waxes, sealants and detailing accessories. You’ll also fi nd garage organizational products, premium automotive accessories, tools, clothing and more. Call to receive a full-color handbook/catalog or enjoy the easy-to-use website for fast, fun and easy ordering. Sign up for weekly email specials. Have fun through our blog, Inmygarage.com or join us on Facebook, Twitter and YouTube, where you’ll fi nd numerous howto videos for proper car care tips and tricks. Our number one goal is to ensure that you always... Have fun in your garage! www.griotsgarage.com. (WA) 940.668-8622, 960.665.4657 (fax). Complete exotic and vintage automobile restoration performed by master craftsmen to the highest standards of excellence. Bob Smith Coachworks Inc., 1600 Floral Dr., Gainesville, TX 76240. Email: bsmith@bobsmithcoachworks.com. (TX) www.alantaylorcompany.com 970.532.2339, World-class restoration, repair, and maintenance. Many Pebble Beach Class wins and Best of Show evidence our pursuit of restoration excellence. We service and maintain blue-chip collectibles, race cars, and other investment-grade cars, and provide vintage race track support. We have particular excellence with Bugatti and other pre-war marques. www.HighMountainClassics.com JWF Restorations Inc. Special- izing in AC restoration from street to concours, U.S. Registrar AC Owners Club (U.K.). Jim Feldman, 11955 SW Faircrest St. Portland, OR 97225 503-706-8250 Fax 503-646-4009 The world’s largest organization of AC owners and enthusiasts. AC ownership is not required. Monthly magazine. Email:jim@jwfrestoration.com (OR) RPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our web site 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, Classic Restoration. 303.761.1245, WeatherTech® Automotive Ac- cessories. 800.441.8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defi ned high-quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from allweather fl oor mats, extreme-duty fl oor liners, cargo/trunk liners, side window defl ectors, no-drill mudfl aps, many different options of license plate frames and more. We have products available for virtually every make and model. To see and buy everything, go to www. WeatherTech.com. Classic Restoration by Country Club Auto, located in Colorado, is a large facility that offers world-class restoration, repair and fabrication services. Highly organized, fi scally responsible and providing biweekly detailed billing, we keep you abreast of the rapid progress of your project in every way. Check out our excellent web site for details. Email doug@classicrestodenver.com. www.classicrestodenver.com. (CO) The Last Detail. 847.689.8822 North Chicago / Kenilworth, Il., As “Trusted Advisors” for over 35 years, we have been assisting enthusiasts make critical decisions before creating costly mistakes. Whether servicing, buying or selling, TLD is your one stop destination providing the highest quality services from basic maintenance to full frame-off restorations. www.thelastdetail.com. (IL) 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, U.K. 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) © FOLLOW SCM The Guild of Automotive Restor- ers. 905.775.0499. The Guild is one of the most recognizable names in the business of restoring antique and classic cars, and with good reason. We are a multi-service facility, which means that your car is fully restored under one roof and the process is under full con- 176 Sports Car Market RESOURCE DIRECTORY

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Carl Bomstead eWatch One Hard-to-Find, Expensive Glass Fox A major hurdle in accumulating an entire collection is the rarity of “Renard,” the fox mascot Thought Carl’s Who needs online auctions when you’ve got Monterey unfolding in real time around you? Here’s the sale that blew me away: fox mascot. It is the most rare of all Lalique mascots. commercial It was described as being in clear and frosted glass, with an acid-etched “R Lalique” signature on the side of the base. Introduced on December 9, 1930, in catalog number 1182, it was 8¼ inches in length and was described as being tensed in concentration. Noted Lalique expert and “Antiques Roadshow” appraiser Nick Dawes estimates there are fewer than 15 Renards in existence, and of those, fewer than six would be considered perfect. Two have come to market in the past year, but Dawes says we cannot say with certainty that the one BONHAMS QUAIL LODGE SALE, AUGUST 16, 2012. LOT 230 — AN EXTREMELY RARE “RENARD” GLASS MASCOT BY RENE LALIQUE. Estimate: $200,000–$250,000. SOLD AT: $338,500, INCLUDING BUYER’S PREMIUM. I 178 n 1925, Andre Citroën commissioned talented glass maker René Lalique to create a mascot for the 5CV that would be exhibited at the Exposition Internationale in Paris. It featured five prancing horses that represented the five-horsepower performance of the Citroën 5CV. It was titled “Cinq Chevaux,” and over the next seven years, Lalique would create an additional 26 glass mascots that exhibited artistic elegance instead of the mere functionality of the earlier radiator-cap-mounted temperature gauges. The 1932 Lalique catalog listed 30 mascots — including two that were originally listed as paperweights. A variation of “Longchamps,” the horse’s head, was added to complete the 30-mascot collection. A very limited number of complete Lalique Mascot collections now exist. RM Auctions, at their March 2012 Amelia Island sale, presented the 30-piece collection of Ele Chesney, which was displayed in two special display cases. The collection, with buyer’s premium, realized $805,000 — which was at the low end of the auction company’s estimate. A major hurdle in accumulating an entire collection is the rarity of “Renard,” the offered by Bonhams was not the same one sold earlier. In November 2011, a grouping of four glass decora- tive foxes was offered at auction with a pre-sale estimate of $100–$150. Alert Lalique collectors quickly identified one of the small foxes as the elusive Renard, and the piece sold for $204,740, which was certainly a pleasant surprise for the consignor. If the Renard at the Bonhams Quail Lodge sale was, in fact, the same one that was found and sold in November of 2011, then a tidy profit was quickly realized. If not, perhaps another perfect example has surfaced. At their August sale, Bonhams sold 18 other Lalique mascots for a total of $286,625. They ranged from $3,750 for a rather common “Tete de Coq” rooster to $68,500 for “Epsom,” which is the single-mane horse head. In addition, a rare “Tete de Paon” peacock that was done in turquoise glass realized $43,750. At first glance, the price realized for the Renard seems staggering, but a complete Lalique collection is worth more than the sum of the individual pieces. Considering their rarity, it is a seller’s market, and the buyer achieved his goal of completing his collection. ♦ SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $65 for 12 monthly issues in the U.S., $95 Canada/Mexico, Europe $105, Asia/Africa/Middle East $115. Subscriptions are payable in advance in U.S. currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 877.219.2605, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market Courtesy of Bonhams