Sports Car Market November 2019

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Bonhams, Carmel Valley, CA, August 15–16, 2019

Gooding & Co., Pebble Beach, CA, August 16–17, 2019

Mecum Auctions, Monterey, CA, August 15–17, 2019

RM Sotheby’s, Monterey, CA, August 15–17, 2019

Russo and Steele, Monterey, CA, August 15–17, 2019

Worldwide Auctioneers, Pacific Grove, CA, August 15, 2019

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$900k Rally-Kit 911S Scorches the Peninsula $900k Ral Rally-Kit 911S Scorches the Peninsula We Take a Look Ahead

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Follow us on Sports Car Market PROFILES Keith Martin’s The Insider’s Guide to Collecting, Investing, Values, and Trends November 2019 . Volume 31 . Number 11 This Month’s Market Movers Up Close FERRARI by Steve Ahlgrim ENGLISH by Paul Hardiman ETCETERINI by Donald Osborne 1958 Ferrari 250 GT TdF Berlinetta by Scaglietti $5,100,000 / Gooding & Company 1965 Aston Martin DB5 Bond Movie Promo Car $6,385,000 / RM Sotheby’s 1953 Fiat 8V Supersonic by Ghia $1,625,000 / Bonhams 88 90 92 AUCTIONS What Sold, and Why 168 Vehicles Rated at Six Sales 112 116 126 136 148 160 GERMAN by Prescott Kelly AMERICAN by Elana Scherr RACE 18 by Thor Thorson NEXT GEN by Jeff Zurschmeide 1967 Porsche 911S Sport Kit/Rally Kit $912,500 / RM Sotheby’s 1965 Ford GT40 Roadster Prototype $7,650,000 / RM Sotheby’s 1975 Ferrari 312T Niki Lauda $6,000,000 / Gooding & Company 1971 Datsun 240Z $44,800 / Bonhams 94 96 100 104 170 MARKET OVERVIEW The Monterey drop isn’t a sign of the apocalypse — Chad Tyson RM SOTHEBY’S Monterey, CA: 135 of 184 cars changed hands in downtown Monterey for the week’s highest total of $107.1m — Carl Bomstead GOODING & COMPANY Pebble Beach, CA: The official auction of Pebble Beach sold 111 of 139 cars for $76.8m — Joseph T. Seminetta and Jack Seminetta BONHAMS Carmel, CA: 220 lots offered over a new two-day format in Carmel total $32.3m, with 168 sold — Michael Leven MECUM Monterey, CA: Of 574 lots on offer, 286 went to new homes, with a $29.6m total over three days — B. Mitchell Carlson RUSSO AND STEELE Monterey, CA: With 146 lots on offer, 69 found new owners for a total of $7.1m on Fisherman’s Wharf — Brett Hatfield WORLDWIDE Pacific Grove, CA: 20 of 37 cars sold for $1.6m at Worldwide’s Pacific Grove auction — Daren Kloes Cover: SCMer Bruce Meyer checks out a 1965 Alfa Romeo TZ2 Zagato berlinetta at the Pebble Beach Concours d’Elegance Photo by Jim Pickering Sports Car Market acebook and watch for updates and offers! Courtesy of Bonhams

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COLUMNS 22 Shifting Gears After 31 years without a break, I missed Monterey Car Week Keith Martin 48 Affordable Classic SCM’s eagle-eyed auction reporter swoops down on three great buys during Monterey Car week B. Mitchell Carlson 50 Collecting Thoughts Five sales that mattered during 2019 Monterey Car Week Simon Kidston 52 Legal Files What happens when you’re towing a trailer and get into an accident? John Draneas 54 Unconventional Wisdom A borrowed Triumph TR4A sparks new Monterey memories Donald Osborne 56 Drivers Ed Too many cars crossed blocks during Monterey Car Week 2019 — and not enough of them were great Paul Hageman 98 The Cumberford Perspective This Ford GT40 roadster prototype is an important historical artifact Robert Cumberford 102 Next Gen Unlike its forefathers, the Miata was reliable, well designed and free of oil leaks Philip Richter 194 eWatch A pair of early Nike track shoes races to $437,500 at auction Carl Bomstead FEATURES — MONTEREY RECAP 62 Gordon McCall’s Motorworks Revival at the Monterey Jet Center: Gorgeous cars, warbirds, private jets and amazing food — Carl Bomstead 64 SCM Insider’s Seminar: Buy for love, not a quick flip — Robert Cumberford 66 Elana’s Monterey McLaren Adventure: Doing what she wants and singing Taylor Swift at a stoplight — Elana Scherr 68 Postcards from Monterey: Concours on the Avenue, The Little Car Show, Laguna Seca, Pebble and the auctions got Prescott Kelly’s undivided attention 72 Scene and Be Seen: Car people at the best car gatherings of the year 74 Legends of the Autobahn: German-car gathering gets RADical — B. Mitchell Carlson 76 Porsche Werks Reunion: Dr. Wolfgang Porsche joins the party — Prescott Kelly 78 The Quail, A Motorsports Gathering: Want a mega yacht? — Carl Bomstead 20 80 Concorso Italiano 80 Concorso Italiano: A good place to slow down and make new friends — Chad Taylor 82 Pebble Beach Concours d’Elegance: Best of Show goes to Sir Michael Kadoorie’s 1931 Bentley 8 Litre Gurney Nutting Sport Tourer — Carl Bomstead 84 Top 100 Monterey Sales: The week’s biggest results DEPARTMENTS 28 Crossing the Block 30 Concours and Events: Hilton Head Island, London to Brighton, 2020 SCM 1000 Tour 34 Contributors: Get to know your SCM staffers and writers 36 You Write, We Read: Honda Civics, shipping rare parts, driving thousands of miles in a Porsche 356 38 Display Advertisers Index 42 Time Pieces: Longines Heritage Military watch 42 Neat Stuff: Light where you need it and a watchwinder with German style 44 Speaking Volumes: Rapid Response: My Inside Story as a Motor Racing Life-Saver 106 Next Gen Market Moment: 1991 BMW 318is coupe 108 Rising Sun: 1989 and 1991 Honda CRX Si cars, 1999 Honda Civic Si, 1994 Toyota MR2 114 Buy/Sell/Hold: Simon Kidston’s picks for a changing market 142 On the Radar: 1994 Subaru WRX STi, 1994 Nissan Silvia S14, 1994 Nissan Skyline GT-R (R32) 146 Glovebox Notes: 2019 Volkswagen Golf SportWagen 1.4T SE 152 Market Moment: 1952 Ferrari 212 Inter Coupe by Ghia 182 Mystery Photo: “Rhino redemption” 182 Comments With Your Renewals: “I share each issue with several friends. We agree that SCM is the only car-guy publication we read cover to cover.” 184 Showcase Gallery: Cars for sale 186 Resource Directory: Meet your car’s needs Sports Car Market Dave Tomaro

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Shifting Gears Keith Martin I Missed Monterey Car Week Monterey 2019 was neither a crash nor a blip. It was an honest correction for a market that has been going up with no pauses for far too long After three decades, I’ve learned that collector-car prices rise and fall like ocean swells. Evan Williams, manager of the “What’s My Car Worth” Facebook page, sent along the following note: “1972 Ferrari 365 GTB/4 Daytona, chassis number 15569, sold in Monterey at RM Sotheby’s this year for $577,000 all-in. Chassis 15569 was last sold in 2014 at RM’s Amelia Island sale for $781,000, including commission. Going further back, in 2008 Russo and Steele sold the same car for $390,500 all-in. So this car was very well bought back in ’08 — but not so much in 2014.” Without exploring the intricacies of what a seller truly nets and what a buyer truly pays, let’s assume the seller of chassis 15569 took a $250,000 haircut. Does that mean the end of the world is near? Cars are not the only items whose value fluctuates with the economy. I recently looked at a beachfront condo at Cannon Beach, OR. The ©2019 Courtesy of RM Sotheby’s Sold for $781,000 in 2014 and $577,000 this year. Does that mean we’re in the “nigh” end of the market? F or the first time in 31 years, I missed Monterey Car Week. On the weekend before the Pebble Beach Concours d’Elegance, I can usually be found leading a ragamuffin “Catch Me If You Can” group of sports-car fanatics on a road trip down the Pacific Coast from Portland, OR, to Carmel. It’s SCM’s annual Caravan to Concorso. Not this year. I continue to make measured progress from my January stroke — as a dear friend always says, “Slow and steady wins the race.” I couldn’t figure out how to do Monterey at anything less than warp speed. Go to the first 20 minutes of the Jet Party? The first 10 of the Hagerty reception? Stop in at each auction just long enough to do a “FaceTime live”? Only have one snack at The Quail? Emcee the last 20 minutes of Concorso Italiano? Fly over Pebble at 11 a.m. in a helicopter? It’s the old “in for a dime, in for a dollar” situation. So while the rest of the collector-car world was running around like Chicken Little squawking that “Daytona prices are sinking faster than the Titanic,” I was perched in front of my laptop, in the quiet of SCM World Headquarters in Portland, OR. Nearly every Monterey Car Week auction is now live streamed, so I was able to keep abreast of the action in real time. I didn’t get stuck on Highway 1 once. I didn’t buy a $10 latte or a $25 short pour of a mediocre California Cabernet. I didn’t have to sleep on the lawn at Pebble to be a part of the Dawn Patrol. What I did miss was the camaraderie of the colorful dealers, bidders and slightly irrational enthusiasts who make up the core of our wonderful hobby. I missed hearing, “OMG, he’s not going to turn down THAT bid for a GT3,” or “I saw better cars at Concours d’Lemons,” or “Look, they’re giving away another Ferrari tonight.” By now everyone knows the story. Auction sales were down by over $115 million, which, in the art world, is one third-tier Old Master — but still seems like real money to car collectors. This was the biggest yearover-year decline since 2001. We have had corrections before — some even greater. However, for collectors who joined the party 10 years ago, it’s been a one-way ride going up the entire time. They have never seen an adjustment like this. Subsequently they are shocked (shocked!) that the Ferrari Enzo they paid top dollar for at auction last year has suddenly become a very poor investment (soybean futures, anyone?). 22 condo had a Sunset magazine-worthy view of Haystack Rock. Eleven years ago it was purchased for $850,000. A comparable unit next door just sold for $510,000 after a long time on the market. And prices are not getting stronger for vacation condos in this uncertain economy. I would not call that a great return on the initial investment. Imagine how we would describe a Boxer that someone bought in 2008 for $850k — and sold this year for $510k. In the real world of investments, assets are fluctuating constantly. The secret is knowing when to get in — and when to get out. This was a good year to get in. Next year may be even better. If a Daytona hammers at $577,000, conventional wisdom would say to sit on your hands until enough have sold for a trend to be established. A lot of hands were sat on as the Monterey weekend unfolded. What we saw in Monterey was a slowing of the velocity of the mar- ket as buyers lost confidence. Will the market go down another $115 million next year? Unlikely. But it is equally unlikely — barring having a few high-ticket high-quality cars in the mix — it will go up $115 million, either. Monterey 2019 was neither a crash nor a blip. It was an honest cor- rection for a market that has been going up with no pauses for far too long. My advice? Don’t pay yesterday’s price for anything. Knock a car hard for any defects or questions in its provenance. Don’t be in a hurry. RM Sotheby’s Bill Buckner Moment in Monterey The almost comedic beginning of the sale of the 1939 “Type 64” in Monterey is destined to become as well-known as Boston Red Sox first baseman Bill Buckner letting a ground ball roll through his legs — during Game 6 of the 1986 World Series. The provenance of the Type 64 was not without questions to begin with. Guesses as to what it would take to buy it hovered in the $20 million range. So when RM Sotheby’s screen showed an opening bid of $30 mil- lion and the bidding quickly went to $70 million, there was a universal sense of “what planet are we on?” Frankly, it was no big deal. Errors happen all the time at auctions. After all, they are live events. This particular faux pas just happened to occur in relation to the star car of the weekend — during the star weekend of selling for the collector-car world. In the end, it will be a video clip on Wikipedia, under the search results of “Greatest Auction Blunders.” It was irrelevant to the market or the weekend. I’ve already reserved an SCM condo in Pebble Beach for 2020. See you there. ♦ Sports Car Market

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Crossing the Block Chad Tyson Images courtesy of the respective auction companies unless otherwise noted Star Car: 1979 Lamborghini Countach LP400 S Series I at RM Sotheby’s sale in Abu Dhabi Bonhams Where: London, U.K. When: November 1 Web: Last year: 12/12 cars sold / $2.1m H&H Where: Bickenhill, U.K. When: November 2 Web: ACA Where: King’s Lynn, U.K. When: November 2 Web: Smith Auctions Where: Paducah, KY When: November 2 Web: GAA Classic Cars Where: Greensboro, NC When: November 7–9 Web: Last year: 450/619 cars sold / $10.96m Featured cars: • 1964 Chevrolet Corvette 327 convertible • 1994 Porsche 968 • 1970 Ford Mustang Mach 1 fastback J. Wood & Company Where: Tampa, FL When: November 19 Web: 28 Silverstone Where: Birmingham, U.K. When: November 9–10 Web: Featured cars: • 1962 Jaguar E-type Series I 3.8 convertible • 2017 Subaru WRX STi Final Edition sedan EG Auctions Where: Indio, CA When: November 15–17 Web: Shannons Where: Sydney, AUS When: November 18 Web: Bonhams Where: Hendon, U.K. When: November 21 Web: Worldwide Where: Riyadh, SAU When: November 21–26 Web: Republic Auctions Where: Dallas, TX When: November 22–23 Web: McCormick’s Where: Palm Springs, CA When: November 22–24 Web: Last year: 332/518 car sold / $5.6m Featured cars: • 1969 Jaguar E-type Series II 4.2 convertible • 1966 Ford Mustang GT convertible • 1949 Cadillac Series 62 convertible Bonhams MPH Where: Bicester, U.K. When: November 16 Web: Brightwells Where: Leominster, U.K. When: November 27–28 Web: RM Sotheby’s Where: Abu Dhabi, UAE When: November 30 Web: Featured cars: • 2017 Pagani Zonda Aether • 2002 Ferrari F2002, ex-Michael Schumacher • Star Car: 1979 Lamborghini Countach LP400 S Series I ♦ Sports Car Market

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Concours and Events SCM Staff Send news and event listings to Puttering Around Britain The 86th Bonhams London to Brighton Veteran Car Run cranks, rattles and chugs to life on November 3, but this event really starts on November 1 with Bonhams’ London to Brighton Run Sale of Veteran Motor Cars at New Bond Street. November 2 brings the fa- mous Regent Street Motor Show — where many VCR participants show off their cars. Modern cars also are on hand, and the show runs from 10:30 a.m. to 4 p.m. This is a free event and it draws a big crowd. The Veteran Car Run itself combines more than 500 pre-1905 automobiles with a 60-mile route from London to Brighton. This is one of the collector-car world’s greatest events. There is no better way to end the car season. The historic trek begins at Hyde Park in central London and ends at Madeira Drive in the seaside resort of Brighton. Cars start leaving Hyde Park at 6:56 a.m. and the last cars arrive in Brighton at 4:30 p.m. www. (U.K.) NOVEMBER CALENDAR 8–9 Springfield Swap Meet & Car Show, Springfield, OH; 8–10 Lancaster Insurance Classic Motor Show, Birmingham, U.K.; 9 Military Vehicles at Second Saturday at WAAAM Air and Auto Museum, Hood River, OR; 16 LeMay Annual Benefit Dinner & Dance, Tacoma, WA; A Car Party in Hilton Head The 18th Annual Hilton Head Island Motoring Festival & Concours d’Elegance continues to delight through November 3. This year’s extravaganza hon- ors Stutz, 100 Years of Bentley and Life Off the Road. The Car Club Showcase takes Sign Up Now for the 2020 SCM 1000 Tour We’re taking Sports Car Market on the road from July 12 to 16, 2020 — in the form of 1,000 miles of gorgeous Oregon and Washington back roads, nightly “Conversations with Collectors” seminars and many of SCM’s best writers. Publisher Martin is host of the tour, which is limited to 40 cars from 1974 or earlier (continuation by application). Expect great accommodations, food, Northwest wines and SCM camaraderie. Preference is given to English cars for the 2020 tour. Cost of the tour is $7,000 for one car and two drivers. The first round of notifications of cars accepted will be sent on December 16, 2019. Your deposit is 100% refunded if your car is not selected for the tour. For more information, call 503.261.0555, extension 217, or visit registration. 30 Sports Car Market over the Port Royal Golf Club on November 2. The Aero Expo also is on November 2. On November 3, the Concours d’Elegance will start at 9 a.m. For pricing and packages, visit (SC) George Olson Bob Ames

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Sports Car Market EDITORIAL Publisher Keith Martin; 503.261.0555 x 210 Associate Publisher Erin Olson; 877.219.2605 x 218 Executive Editor Chester Allen; 503.261.0555 x 203 Art Director David Tomaro; 503.261.0555 x 202 Managing Editor Jim Pickering; 503.261.0555 x 208 Digital Media / Art Director Jeff Stites; 503.261.0555 x 221 Auction Editor Chad Tyson; 503.261.0555 x 207 Associate Editor Chad Taylor; 503.261.0555 x 206 Editor at Large Donald Osborne Copy Editors Yael Abel, Dave Tomaro Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead, Paul Hardiman (Europe) Auction Analysts Daniel Grunwald, Doug Schultz, Michael Leven, Cody Tayloe, Kevin Coakley, Adam Blumenthal, Joe Seminetta, Travis Shetler, Leo Van Hoorick, Jeremy Da Rosa, Pierre Hedary, Andy Staugaard, Mark Moskowitz, Gary West, Jon Georgiadis, Bill Cash, Pat Campion, John Boyle, Morgan Eldridge, Jeff Trepel, Larry Trepel, Daren Kloes, Brett Hatfield Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Robert Cumberford (Design), John Draneas (Legal), Prescott Kelly (Porsche), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Dale Novak, Miles Collier, Martin Emmison, Jay Harden, Paul Hardiman, Alex Hofberg, Ed Milich, Stephen Serio, John L. Stein, Bill Rothermel, Simon Kidston, Reid Trummel, Elana Scherr, Alexandra Martin-Banzer CORRESPONDENCE Email Customer Support Fax 503.253.2234 Connect with SCM on 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 © 2019 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive Investor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA SCM Contributors SIMON KIDSTON, SCM Contributor, is from an old British motorracing family. Simon started his career at Coys, leaving to co-found Bonhams Europe in Geneva. Over the next decade he staged highprofile auctions around the world. He branched out on his own in 2006 to found Kidston SA, a consultancy responsible for some of the larger deals you rarely hear about. Simon also judges at Pebble Beach and is “the voice” of the Villa d’Este Concours and the Mille Miglia. Turn to p. 50 for his “Collecting Thoughts” take on five interesting Monterey Car Week sales. He also contributes his thoughts on what’s hot and what’s not in Buy/Sell/Hold on p. 114. ELANA SCHERR, SCM Contributor, grew up in Southern California and majored in Art and English at UCLA. After graduating, she worked as a carbonfiber fabricator making motorcycle bodywork. Then she jumped into writing, editing and video at Hot Rod magazine and Roadkill Show. She currently owns several classic cars, including an Opel GT — and an unreasonable number of minibikes. She is a popular columnist for our sister magazine, American Car Collector. Turn to p. 66, where she shares her adventures with a McLaren during 2018 Monterey Car Week. She also profiles the 1965 Ford GT40 roadster prototype on p. 96. CARL BOMSTEAD, SCM Senior Auction Analyst, spent his lawn-mowing money on a 1948 Plymouth when he was 14, and since then an unknown number of unusual cars have passed through his garage. He has judged at the Pebble Beach Concours d’Elegance for the past 19 years and has written for Sports Car Market for decades. Turn to p. 82 for his story on the 2019 Pebble Beach Concours d’Elegance. His story on the 2019 The Quail: A Motorsports Gathering is on p. 78. We also twisted his arm to attend Gordon McCall’s Motorsports Revival at the Jet Center, and his tale of that adventure is on p. 62. Read his Auction Report on RM Sotheby’s Monterey Auction on p. 116. Finally, his regular column, “eWatch,” is on p. 194. 34 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th Ave., Suite 100, Portland, OR 97232 DIGITAL AND BUSINESS Information Technology Brian Baker; 503.261.0555 x 215 SEO Consultant Michael Cottam; 503.283.0177 Controller Cheryl Ann Cox; 503.261.0555 x 205 Strategic Planner Bill Woodard Executive Producer, SCM Television Roger Williams ADVERTISING Display Advertising Account Executives Darren Frank; 877.219.2605 x 214 Cindy Meitle; 877.219.2605 x 213 Advertising Coordinator Jessi Kramer; 877.219.2605 x 216 Classified Advertising; 503.261.0555 x 217 SUBSCRIPTIONS AND CUSTOMER SERVICE Head of Subscriptions Susan L. Loeb; 503.261.0555 x 217 To order new subscriptions or for questions about current subscriptions 877.219.2605, x 1;, fax 503.253.2234 M–F 9 a.m. to 5 p.m. PST @SportsCarMarket

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All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: I currently own a 1995 NSX, 1995 MR2, 1996 300ZX TT and many other Rising Sun classics from my generation, so it was refreshing to see SCM break from the norm and start showcasing classics from that era. Yes to Honda Civics — and Vintage Alfas To the Editor: I never really felt compelled to write to a magazine, as they are simply entertainment to me, and frankly, I have more pressing matters to attend to in my dayto-day grind. I am, however, writing to you today regarding a reader’s response to your recent coverage of the Youngtimers/Next Gen emerging collectors market — “Honda Civics? Really?” (September 2019, “You Write, We Read,” p. 44). Unlike the writer, I don’t feel it’s relevant for me to provide any details as it pertains to my means and methods of creating a livelihood. However, I will just say I’m a professional Generation X reader. I usually enjoy reading others’ thoughts and opinions from previous SCM stories and vehicle showcases. However, I was shocked that SCM published such a narrow-minded, elitist view of a market he clearly doesn’t understand and has no appreciation — or respect — for. I always say opinions vary, and 36 I wouldn’t look twice at the vintage 328 BMW or 1966 Alfa Romeo he referenced. It is not that they are not beautiful cars in their own right, it’s that they simply don’t create the emotion I enjoy from cars I actually have owned and driven. I started reading Sports Car Market after attending Concorso Italiano and other events at last year’s Car Week in Monterey, CA. While I enjoy the hand- crafted, street-legal European exotics of the 1960s all the way to the present era of the hypercars, these vehicles are generally not attainable or even touchable to most of the population. I enjoy seeing a Diablo SV, a classic 308 Ferrari or 1960s muscle as much as anyone. However, I have a much stronger connection (I suspect others do as well) to the daily performance of a 300ZX TT, Starion ESIR and, yes, a Honda Civic. Many of these cars were dreams of mine as a young adult, and like many other readers, I suspect they slip into a previous life when they get behind the wheel of one of these machines from the 1980s and 1990s — even a 1988 Civic. I loved mine. I currently own a 1995 NSX, 1995 MR2, 1996 300ZX TT and many other Rising Sun classics from my generation, so it was refreshing to see SCM break from the norm and start showcasing classics from that era. Most cars are not created as classics. This condition comes mostly from time and popularity, and no one can truly predict what others will cherish 50 years from today. It is possible that Japanese and European cars from the 1980s and 1990s will be displayed at concours events in Monterey in the future. I certainly hope so, and I believe they will. As a new reader, I am hop- ing you continue to give the next generation of collectors their due respect and not allow closed-minded opinions of others to influence your new path. — Mike Thomas, Orangevale, CA Driving the Country in a 356 To the Editor: By now Keith Martin and his staff should have recovered from Monterey Car Week. I completed a 30-day, 10,696-mile trip in my 1962 Porsche 356 T6 B coupe that ended on August 19. I started in Wheaton, IL, and drove to Fairbanks, Seward, Abbottsville, Seattle, Portland, Tillamook, down 101, then Big Sur, San Simeon, Bakersfield, Las Vegas, Southern Utah, Durango, Pike’s Peak, and home via state and interstate roads. My trips are organized around bucket-list items I wanted to see or experience. Some of these are items I dreamed of seeing when I was a kid. Some of these on this trip were Denali, fishing for salmon in Seward, redwood national parks and driving my car through a tree, Big Sur, canyons and mountains, and Pikes Peak. There are many more I achieved, including avoiding moose up north. When I arrived home, I was happy to see my wife, and a smile came to my face when I saw the new SCM October edition. I have read the experiences of the SCM 1000 and enjoyed the articles “Shifting Gears” (p. 20) and Steve Serio’s story (p. 66). The sheer enjoyment of openroad driving in North America is breathtaking. Meeting people Sports Car Market

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You Write We Read Ad Index Aerovault ...........................................................161 AIG PC Global Services, Inc ............................107 Aston Martin of New England ..........................161 Atlanta Concours d’Elegance ............................119 Authentic Motorcars ..........................................167 Automotive Restorations Inc.............................131 Autosport Designs Inc .........................................21 Avant Garde Collection .....................................130 Barrett-Jackson ............................................57, 107 Bennett Law Office ...........................................176 Beverly Hills Car Club ......................................173 Boca Raton Concours ........................................158 Bonhams / UK .....................................................29 Branson Collector Car Auction ...........................33 BridgePoint Risk Management .........................107 Bring A Trailer .....................................................41 Cars, Inc. ........................................................43, 45 Centerline Alfa Parts .........................................135 Chequered Flag International ............................121 Classic Auto Mall ..............................................129 Classic Car Capital ..............................................35 Classic Showcase ................................................60 Coachbuilt Press ................................................127 Collector Studio .................................................181 Continental AutoSports ......................................67 Copley Motorcars ..........................................10–11 D. L. George Coachworks .................................123 Diecasm LLC /Automodello .............................177 Dobson Motorsport............................................180 Dr. Beasley’s ......................................................167 Driversource Houston LLC ...........................12–13 EG Auctions US LLC. ..................................24–25 European Collectibles........................................133 Fantasy Junction ............................................26–27 Ferrari Financial Services ....................................63 Ferrari Market Letter .........................................175 Finarte ..................................................................55 Fourintune Garage Inc .......................................171 Gaswerks Garage ...............................................171 Gooding & Company ..........................................17 Grundy Insurance ................................................99 GT Motor Cars LLC ..........................................103 Gullwing Motor Cars, Inc. ................................181 Hamann Classic Cars, LLC .................................85 Heacock Classic ................................................195 Heritage Classics ...............................................117 Hilton Head Island Concours ..............................39 Hyman, LTD ........................................................32 Intercity Lines ......................................................53 JC Taylor ............................................................155 JJ Best Banc & Co .............................................185 Kevin Kay Restorations ......................................16 Kidston .................................................................19 Leake Auction Company ...................................109 Legendary Motorcar Company .........................175 Luxury Brokers International ........................14–15 Luxury Lease Partners, LLC ...............................47 MacNeil Automotive Products Ltd ...................141 Macy’s Garage Ltd. ...........................................166 Manns Restoration ...............................................31 Mershon’s World Of Cars..................................163 Metron Garage .....................................................75 MetroVac .............................................................61 Miller’s Mercedes Parts, Inc .............................180 Motor Classic & Competition Corp. .................151 Motorcar Gallery ...............................................171 Mouse Motors, LLC ..........................................169 Northwest European ..........................................173 Nostalgic Motoring Ltd .....................................153 Palm Springs Exotic Car Auctions ......................65 Passport Transport .............................................137 Paul Russell and Company................................165 Premier Auction Group .....................................157 Prince Vintage, LTD. .........................................139 Private Garage. L.C. ............................................77 Putnam Leasing .................................................196 QuickSilver Exhausts Ltd..................................125 RAND Luxury, Inc. ...........................................8–9 Reliable Carriers ................................................115 RM Sotheby’s .....................................................4-5 RMD bvba ...........................................................44 RPM Foundation .................................................40 Russo and Steele LLC .......................................6–7 Scott Grundfor Company ..................................147 Shook Legal, Ltd ...............................................134 Spring Grove Auction Company .......................149 Steve Austin’s Great Vacations ...........................79 Streetworks Exotics .............................................46 Symbolic International ........................................23 The Creative Workshop .......................................49 The Stable, Ltd. .................................................145 The Werk Shop ..................................................179 Tony Labella Classic Cars .................................178 Torque Classic Cars .............................................37 TYCTA ..............................................................180 Vintage Motors of Sarasota ...............................143 Vintage Rallies ...................................................165 Watchworks .......................................................175 West Coast Classics, LLC .................................177 White Post Restorations ....................................175 Worldwide Group ..............................................2–3 38 Light-Hand Drive by Larry Trepel “Make no mistake — at twelve million dollars, I am selling the car.” at fuel stops who used to own 356s was amazing, and dealing with minor mechanical issues was a learning experience, as I only had two minor ones on two previous 6,000-mile trips. Now I have the challenge of finding the next big drive. I see Key West and all of the Smoky Mountains, shipping the Porsche to Germany and driving the Schwarzwaldhochstrasse, most of the Alps, and more. I would like to do that with others. How about an SCM 1000 in the Southeast? Keep up the articles on driv- ing our cars on long trips, and then more people realize the fun in doing so. — Leo Dreisilker, via email Rolling the Dice and Shipping Parts To the Editor: As a longtime subscriber to Sports Car Market, I regularly read John Draneas’ valued “Legal Files.” In his last column, Draneas discussed the hypothetical loss of a shipment of parts, specifically a Porsche engine (October 2019, p. 44). I run a motorcycle restoration shop in Whitefish, MT, which is focused on Norton Commandos, vintage Ducatis and BMWs. Consequently, I ship a lot of valuable parts here and there. I have no problem with purchasing adequate insurance for these parts, but I was told by a UPS employee, “If you put a lot of insurance on these shipments, they’ll get stolen. Some of the employees are thieves by profession. If it has a high insurance value, it will be gone. You are better off not insuring it for an actual value. High insurance on a small box focuses attention.” Many of the parts I ship are rare and very hard to replace, hence hard to value other than “Crank it up, insure it for a LOT.” Consequently, this comment gave me great concern. Even if highly insured, the time and hassle of replacing a rare lost part can never be adequately compensated. I later asked another UPS staffer (at a different facility) if this was true and she responded, “Absolutely. If you’re shipping a box with a high insurance value, it is much more likely to be stolen.” I would very much appreciate your opinion regarding this subject. Does a high insurance value on a shipment attract thieves? (If true, I suspect this syndrome is not unique to UPS. All the other shipping systems would exhibit the same problem.) This question evolved after a friend shipped a 1966 Triumph 650 TT motorcycle engine to be rebuilt. It was insured for $3,000 — nowhere near the value of a matching-numbers TT engine — by UPS and it completely disappeared. UPS paid him without argument, but the payment in no way compensated him for his loss. Thank you — if you care to take the time to respond to this question, and whether you have any insights regarding this issue. — Skip Schloss, Flying Fish Motorcycles, Whitefish, MT John Draneas responds: Skip, you are asking a question that is impossible to answer. I’d love to hear UPS management’s response to this, but let’s accept that what you were told is true. So the question is, are you better off with a greater risk of a loss that is fully insured — or a lower risk but with no meaningful recovery if the part does get lost? Bear in mind that employee theft is only one of the risks you face. Your package can get lost due to delivery mistakes — or its contents can be damaged in an accident during shipment. I suppose the answer is an- other question: “Are you feeling lucky?” ♦ Sports Car Market

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Time Pieces by Alex Hofberg Reviving and Improving an Old Classic The market for vintage time pieces is somewhat superheated. Many watch manufacturers — often those whose original period offerings are setting records in the vintage-watch market — are trying to recapture vintage designs and create new time pieces. Occasionally these “re-creations” miss the mark. Picture “mom jeans” that are preripped and faded but incorporate a thin mesh so mom doesn’t actually display flesh. Yet sometimes the result is a spectacular combination of homage to the original design ideals and production practices combined with modern horsepower and reliability. For the past few years, Longines has done a marvelous job of re-envisioning heritage pieces from their archives. The origin of the Longines Heritage Military watch dates back to the 1940s, when Longines was a supplier to the British Royal Air Force. The RAF needed robust, sealed, easy-to-read wrist time pieces for military operations, including synchronizing missions, navigation and other tasks. The re-creation is true to the original aesthetic — except in two important ways: • It is roughly 6 mm larger than the original. • It features a self-winding mechanical movement rather than one that requires manual winding. The Austrian philosopher Ludwig Wittgenstein said, “The face is the soul of the body.” The same could be said about the face of a watch. The face of the watch is the single most important element, as it is the focus of attention. Countless subtle elements and decisions go into creating a dial design schema. The color and texture of the watch face, the typography and the shape, color and material of the hands are all critical design issues. When I look at the recently introduced Longines Heritage Military, my eyes go to the color and texture of the dial surface, which can be describe as aging manila paper with a touch of oxidizing copper. The dial has tiny, hand-applied age spots that replicate older watches. As watches age, the lacquer that seals the painted surface Neat Stuff by Jim Pickering BMW Power for Your Watch The M52 engine block is legendary, having been used in just about every type of BMW design — including the M3. Now it can serve a new purpose — the VI52: a watch winder for six mechanical time pieces. Vulcan Innova starts with a seasoned block, cleans it, and then modifies it to accept a special mechanism that supports — and winds — a watch retained on each piston. There are three programmable modes, adjustable for acceleration and frequency, and the watches are secured in place when each piston drops into the bore. A key unlocks the system, wherein the pistons rise up out of the bore and the watches can be removed. Only 52 will be produced. $25,000 at 42 The Right Light Mychanic’s Rechargeable Pod Light is just the thing for your old car’s glovebox. It kicks out 400 lumens, it’s compact and easy to point and aim, and it runs up to nine hours on a charge. A rubberized magnetic base lets you stick it anywhere — even to nice paint — without risking damage. Fear no after-dark breakdowns. $29.99 at www.mychanic. com. ♦ Sports Car Market deteriorates, and spots of tarnish develop. The sans serif numerals and minute track are simply printed and easy to read. The spade-style hands are a very typical blued steel to avoid rusting and enhance legibility. The case construction of the Heritage watch is astoundingly accurate. Although the case is larger than the original, the gentle inverse curve of the bezel and combination of polished and brushed-steel surfaces are precisely how Longines would have crafted it in the first place. Even the deeply knurled crown, which is purposely slightly oversized to allow operation while wearing gloves, is well chosen. The strap of this watch was given careful consideration. The materials and construction technique closely emulate military leather goods from the 1940s. The strap is made from vegetable-tanned suede, and it has classic double stitching that serves to form the pocket for the spring bars that fix it to the watch. The strap color once again reinforces the aged look of the watch and is very representative of modern strap trends. Collectors of original military Details Production date: 2019 Best place to wear one: This watch is a great choice for visiting old RAF airfields in Great Britain or a trip to the D-Day invasion beaches in Normandy Web: Ratings for modern version ( is best): Rarity: Durability: Parts/service availability: Cool factor: time pieces should appreciate this recent offering from Longines, as it celebrates the specialized pieces they made decades ago and are now scarce. The watch is now more reliable and easy to use, and the case is sealed from dust and moisture. With a retail price of $2,150, the Heritage Military will become historic in its own right, as it is a terrific time piece and a terrific value.

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Speaking Volumes by Mark Wigginton Rapid Response: My Inside Story as a Motor Racing Life-Saver by Dr. Stephen Olvey, 312 pages, Evro, $28.71 (Amazon) Despite the dizzying speeds, despite challenging the limits of adhesion in anything with wheels, things rarely go wrong at a racetrack. During my days managing Portland International Raceway, there would be something on track at speed all day, day after day, month after month, and the EMTs in the ambulance almost never moved — well, except for lunch. But when things do go wrong at a track, they tend to go really, spectacularly wrong. There are scary accidents that leave debris fields — and hits that didn’t look too bad but have big medical consequences. This is true at the top levels of the sport, where the speeds are highest and the crashes the biggest. As I write this, the racing world is mourning the death at Spa of a rising Formula 2 star, Anthoine Hubert, center-punched at high speed after a spin. The crash was eerily reminiscent of the moment Alex Zanardi spun on the warm-up lane on an oval in Germany, laps away from a near-certain victory in the CART series. Instead, his car slid up the oval and directly into the path of another car, which T-boned him at full speed. That accident is the centerpiece of Rapid Response, an engaging autobiography of one of racing’s top doctors, Dr. Stephen Olvey. Dr. Olvey was first a fan, then a doctor — and then the guy you wanted to see when your mangled race car slid to a stop. Along the way, he changed the face of track medical care, created a top- flight traveling medical team for professional racing and then embarked on cutting-edge data gathering to reduce the risks to the drivers. Dr. Olvey helped modernize everything from cockpit design to helmets. Along the way, he made friends with the top drivers and became a force in racing medicine, along with a long list of like-minded doctors and scientists here and in Europe. Rapid Response is a story chock-full of amazing anecdotes, funny stories and heartbreaking losses. It’s also a history, from the inside, of an era that saw rapid advances in driver safety and survivability. Sadly, you can only make racing safer — never safe. Provenance: Everyone is the hero of his own story, obviously, but Dr. Olvey shares his successes and failings as he recounts his role in making racing safer. Fit and finish: This is standard book publishing, with a few sets of color images. This a reader, not a coffee-table queen. Drivability: Dr. Olvey brings a crisp writing style and decades of tales to his book, which is informative, entertaining and easy to read. His story, and the story of doctors like him throughout the racing world, showcases their skills and caring — and the limits of medicine when things go wrong on a race- track. Fatal accidents have become a rare occurrence, as the cars have become safer over the decades. And they are safer in part because of the work of Dr. Stephen Olvey and other doctors who were first fans, then activists working to protect their patients — racers. ♦ 44 Sports Car Market

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Affordable Classic The “Cheaper” Side of Monterey Three Best Buys From Monterey Bargains are always thin on the ground during Monterey Car Week, but the quick and knowledgeable find them by B. Mitchell Carlson U sually, getting a good buy at one of the Monterey Car Week auctions is just as likely as having no traffic on California 68 between Monterey and Salinas on Friday morning. Yet it does happen. The following three cars — at three dif- 1936 Packard Series 1402 Super 8 Formal Limousine by Hooper, $22,000 at Mecum 1981 BMW M1 coupe Bonhams Lot 117; VIN WBS59910004301322, $390,000 I’ve always had an interest in the M1 (I’ll admit it, I had the poster ferent venues — represent good buys for the money spent. Unlike my usual Cheap Thrills tendencies, two of the three are in upper-middleclass money, proving that a good buy doesn’t always translate into debitcard money. 1936 Packard Series 1402 Super 8 Formal Limousine by Hooper Mecum Lot F135, VIN 14TH1402205, $22,000 Having owned a 1939 Packard, I admit my bias for the marque. That stated, $22k for the only known Hooper-bodied 1936 Packard is darn near a no-brainer deal. Granted, all Hooper did was buzz off the roof at the door sills and graft on their alloy high-top roof (some would call this a “top-hat car”). Yes, I know that the steering wheel is on “the wrong side” and closed 4-door CCCA Full Classics are a dying old-man’s market. I’m not as young as I used to be, but they also said that about Brass Era cars three decades ago. Those who appreciate the historical aspects of a pre-war Classic (rather than looking at a collector car as a new toy to play with until it bores you) will find this Anglo-American fascinating. Just figuring that it survived the Blitz during World War II gives it some glow. There were legions of His Majesty’s subjects — and lords — who respected solid engineering — be it from Derby or Detroit. For them, a Packard with local bodywork was the cat’s meow. While it’s nowhere near a concours car, it’s had the interiors redone (properly done with leather for the driver and broadcloth for the passenger’s cabin) and mechanicals tended to. 48 1981 BMW M1 coupe, $390,000 at Bonhams Sports Car Market of one in my dorm room). As such, I’ve seen them from when they were essentially specialty used cars, the low ebb in the late 1990s (a roughand-tumble example in white at Barrett-Jackson in that era sold for $75k), and their ascent and general plateau in prices within the decade. Not only is the color somewhat unique (being a dark blue, which, dependent upon the available light, comes off as off-black or ultra-deep

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violet — aside from its core solid dark blue), but the car is also distinctive in the fact that it’s lived almost exclusively in Canada. Delivered new to Vancouver, BC, after being federalized in California, ownership changes were in 1988 to Thunder Bay, Ontario, 1990 to Toronto, ON, then finally to Edmonton, AB, in 2008. While in Toronto, it was restored from 1990 through 1991. An extensive service dossier from new and all the ancillaries the car came with plus BMW shop and parts manuals unique to the M1 were also included in the package. The only way this could’ve been improved was if the original owner had ordered the fitted-luggage option. While the restoration is now 28 years old, it’s been constantly kept up, with some paint touch-up and regular mechanical servicing. SCM’s Pocket Price Guide shows a current median value of $553,300 on the M1. During the past year, M1 pricing went stagnant for cars that have an unknown past and less-than-stellar presentation. Standout examples occasionally exceeded the median amount. While this M1 is not a concours lawn ornament — and is not in a popular color — it has been cared for. It is also a stunning example to drive. At this price and condition, a BMW enthusiast could plunge into M1 ownership with no regrets. 1965 Shelby GT350 RM Sotheby’s Lot 355; VIN SFM5S089, $417,500 I’ve always liked sleepers — cars with pedestrian looks that will kick butt and not take names. The first-year Shelby GT350s get close to being a sleeper, but those over-the-top rally stripes are a dead giveaway. If not, they give others the feeling that we have a boy-racer in the crowd — even if the car is a pedestrian Mustang with a 2-barrel-fed V8 that can’t quite deliver. Our example here, with the rare stripe-delete option from new and a set of period 15-inch steel wheels on all four corners, slides gracefully into sleeper status. 1965 is considered the best year for original GT350s, as the cars have 1965 Shelby GT350, $417,500 at RM Sotheby’s a raw performance edge over creature comforts. Being an early “double digit” serial number, this example has the bat- tery relocated to the trunk, making it even more desirable. As this is an old restoration that is holding up well — aside from some of the weatherstripping coming loose — one can either show or track this one with a little tweaking either way. While Mustang-based Shelbys from the 1960s have seen some soft- ening of prices, 1965 cars continue to hold their values. I feel that the uniqueness of this stripe-delete example makes it well bought for the long term. ♦ November 2019 49

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Collecting Thoughts Five Important Monterey Sales The Ones That Matter A close look at the auction sales that tell you a lot about the current market by Simon Kidston No, Mr. Bond. I expect you to sell: The 1965 Aston Martin DB5 movie promotion car, auctioned for $6,385,000 Forget the top five Monterey sales by value — these are the barometer sales you need to know about: 1962 Ferrari 250 GT SWB Berlinetta RM Sotheby’s, $8,145,000 If there’s one model that defines the top end of the global collector- car market, it’s the Ferrari 250 GT SWB — especially the steel roadgoing version that mere millionaires can aspire to own. To me, it’s the Ferrari that best lives up to the promise of its looks, and it’s universally admired, widely eligible and as liquid as anything in these echelons can be. Now, this particular car was a late model, well restored and factory- certified “matching-numbers” example in great original colors (Resale Red would have hit its value) and no “buts.” We handled its sale in 2015 for significantly more than this, but the car had since been traded and floated extensively on the market. Its sale here at just over $8 million is almost exactly the same as the last two auction comparables in 2017 and last January, suggesting stability and, judging from the genuine bids witnessed, real demand for the right cars. 50 1965 Aston Martin DB5 “Bond Car” RM Sotheby’s, $6,385,000 If you thought the Bond-Aston liaison had been done to death, this sale suggests 007 can still inspire middle-aged white men with a cheesy repertoire of one-liners (“Ah, Dr. Goodhead...”) — like me. This wasn’t a memorable weekend for the classic Aston market in general, perhaps reflecting the modern company’s woes. But two DB5s bucked the trend: this car and the Shooting Brake. The latter was an auto-to-manual conversion, strong at $1.765m, but the Silver Birch saloon at $6,385,000 was basically seven times the value of one without history. Why? Two were used for filming “Goldfinger” and “Thunderball,” one of which was stolen in 1990 and never recovered, the other being sold by RM in 2010 for $4.6m. The producers mocked up two more cars for publicity tours, nothing more, and this was one of them, although the marketing tiptoed around that. It had sold for $2.1m in 2006. The beaming European buyer looked like a kid at Christmas, which makes a refreshing change in an investment-obsessed market. Aspirational demographics can still trump hard-headed logic. Sports Car Market Dave Tomaro

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Courtesy of Bonhams 1951 Ferrari 340 America Coupé Speciale 1967 Porsche 911S Sport Kit/Rally Kit RM Sotheby’s, $912,500 Are you kidding? A 911S for nearly a million dollars? Mine owes me half that, and suddenly I didn’t feel so foolish. But wait: As always, the devil’s in the details. No, it wasn’t a miscataloged “lost” 911R as some have suggested, but the “Rally” suffix is key. Over to expert Lee MaxtedPage: “It’s a very special ’67 911S with factory-optioned Sport Kit II and Are you kidding? A 911S for nearly a million dollars? Mine owes me half that, and suddenly I didn’t feel so foolish. But wait: As always, the devil’s in the details. in wonderfully original, unrestored condition, with low mileage and very good provenance. You just can’t find competition Porsches of this era in this level of original condition. The estimate was far too low. The price is broadly in line with a 1968 911 T/R and several million less than a 1967 911R. Well sold at auction, but also very well bought.” 1975 Ferrari 312T Gooding & Company, $6,000,000 For years you could barely give away old single-seaters — even F1 winners with Prancing Horses on their flanks. I’ve heard all the buyer arguments before either a low-ball bid or polite decline. “What can I do with it?” “Will it run?” “Is it competitive?” And, of course, the often unspoken “Will I fit after so many business lunches?” True, these cars weren’t built for tycoons, but is there a greater expression of the automobile? The success and glamor of historic F1 racing events such as Monaco, the film “Rush,” and the sad recent death of legend Niki Lauda — this car’s driver — all helped the price. If one day you can’t drive your GTO on the road, I’ll bet you’ll still be able to race this. F1 cars have a small-but-promising market. Dave Tomaro 1975 Ferrari 312T Nathan Leach-Proffer ©2019, courtesy of RM Sotheby’s 1967 Porsche 911S Sport Kit/Rally Kit 1951 Ferrari 340 America Coupé Speciale by Vignale Bonhams, $3,635,000 Does it look sexy? Perhaps not in the conventional sense. Rare? Yes — hardly anyone had heard of Ferrari in 1951. Fun to drive? Errr... it sounds good (or would have if it started). Okay, this wouldn’t normally be the most promising intro except for one thing — it’s been in the same family for 60 years and they’re offering it for the first time. The notion that you’re paying a kind older lady her long-earned inheritance feels a lot more romantic than joining a line of opportunistic investors. Pre-sale talk dismissed the slightly higher “on request” estimate as wishful thinking, but in the end, this hulking, long-dormant artifact from Ferrari’s earliest days showed that if there’s one thing that sells a car, it’s a nice human story. The elephant in the room this weekend was, of course, a little German car built in 1939 that’s been the subject of much popular debate, starting with what it is (the first Porsche? The most valuable VW?) — and ending with what happened when RM Sotheby’s tried to sell it. With a record 543 cars offered by the Big Three, of which 409 sold — a sell-through of “only” 75%, poor by Monterey standards — the conclusion can only be that there are too many auctions chasing the same business, and something had to give. After Thursday’s below-par offering by Bonhams and an all-Aston sale by RM Sotheby’s that failed to fire on all six, many shunned the auction tents and simply enjoyed the fun of the fair at Monterey Car Week. Gooding and RM Sotheby’s going head-to-head on Friday once again proved, if not exactly a disaster for both, certainly a disappointment. Both raised their sell-through rate significantly (69% to 82% for Gooding, 70% to 76% for RM Sotheby’s) the following day when left on their own. As a worldwide gathering of like-minded car guys, Pebble Beach has no equal. It’s time the auction houses realized there is life away from the rostrum — and give buyers room to breathe. ♦ 1962 Ferrari 250 GT SWB berlinetta November 2019 51

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Legal Files John Draneas Trailer Insurance Woes Hitching a trailer on the back of a tow vehicle complicates the insurance picture if something bad happens truck, Chubb is apparently responsible for any liability that might be attributed to me as a result of the collision. Amazingly, the Subaru driver admitted that the entire incident was her fault. I certainly agree — I am just surprised that she would have admitted this! Because the other driver admitted fault, I was going to go after USAA on my own. However, after speaking with a few of my friends at Hagerty, including McKeel Hagerty, I was persuaded that the most prudent, and expeditious, course of action was for me to allow Hagerty to deal with USAA. I never had any reason to ask my friend for the insurance carrier on his Aceca, but this may have added a fourth insurance carrier into the mix! I would be willing to bet there are many Courtesy of Lee Cross S CMer Lee Cross, a Shelby enthusiast who organizes the annual GT350 Tour, shared a very interesting story: I am passing along an incident as something that might present a topic with wide relevance to your audience; i.e., the legal technicalities that arise when a collector attaches a trailer to their tow vehicle. I usually trailer one of our Cobras across the country when I depart Delaware for Monterey. This year was a little different. My 289 Cobra was already in California for a restoration and needing to come back home. A friend’s 1958 AC Aceca body/chassis happened to be sitting in Michigan following a just-completed repaint and needed to go to California. So I offered to haul my friend’s Aceca to California. The Aceca was mounted on a dolly, and my friend was only too happy to accept my offer and avoid the headache of trying to find a transport company willing to handle a car mounted on a dolly. Everything was going exceptionally well until I approached Flagstaff, AZ. I won’t go into all of the details, but a Subaru Forester had broken down in the passing lane of I-40, with no brake lights or emergency flashers! Because I was in the passing lane, with a pick-up truck/camper trailer combo to my right, I could only move so far to the right in my frantic effort to avoid the Subaru. Just when I thought that I was going to squeeze past the Subaru, I felt the sharp impact of my 24-foot enclosed trailer slamming into the SUV. My rig began to swerve wildly between both lanes of I-40 as I attempted to move off to the right shoulder of the highway. At one point, I was heading directly toward four motorcyclists, and their passengers, who had all stopped underneath an overpass to take a break. Luckily, no one was injured in the collision. While the damage to the Subaru and to my trailer is not insignificant, I do not believe that either is totaled. In addition to being stranded in Flagstaff for four days, I got a bit of an education in regard to the legal technicalities associated with auto insurance. My truck is insured by Chubb, my trailer is insured by Hagerty, and the driver of the Subaru is insured by USAA. Clearly, you understand all of this stuff, but, because my trailer was attached to my 52 collectors who, just like me, have no idea how trailer and tow-vehicle insurance interplay, or what liabilities may arise when trailering a collector car for a friend. It is not unusual for me to quip that no good deed goes unpunished... That was nearly the case with this incident! Quite a topic Thanks to Lee for raising such an interesting topic, which caused “Legal Files” to expand its understanding of insurance policy coverage. It’s very easy for us to say, “All’s well that ends well,” but what if the Subaru driver had insisted she did nothing wrong and was just another victim? Or what if Lee had been the one at fault? Those questions get us into the never-never land of insurance cover- age. Liability vs. property damage It is important to know that insurance policies almost universally cover liability and property damage differently. To understand the coverage, you have to consider which of those two portions of a policy you are dealing with. Under almost every policy, you are covered for any damage you cause to other persons and their property as a result of your negligence. This is generally referred to as “third-party liability.” Luckily, in Lee’s situation, the Subaru driver admitted fault, so the claim fell under her third-party liability coverage. That covered Lee’s truck and trailer, as well as his friend’s Aceca. As long as the policy limits are high enough, everyone comes out whole. But what if Lee had been at fault? Car and trailer There is another general insurance principle that applies here. When a trailer is attached to a car, it is generally the case that third- party liability coverage is provided under the policy that covers the tow vehicle. In essence, the trailer becomes an appendage of the truck. There is logic to support that — it’s kind of hard for a trailer to be negligent. If there is negligence, it has to be the fault of the driver of the truck. That makes it logical for the truck’s policy to cover the claim. Paul Morrissette, President of the Chubb Insurance Solutions Agency, which generally manages Chubb’s collector-car policies, Sports Car Market

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points out that Chubb is a little different in this respect. “When you insure your trailer with Chubb, you have the option of selecting whether liability is to be covered under your tow vehicle policy or under your Chubb trailer policy,” Morrissette said. “Adding liability coverage increases the premium slightly, but it also increases your effective coverage.” Third-party coverage So under either or both policies, Lee is covered for all damage he caused to third parties. That includes the Subaru and, most likely, the Aceca. I wrote “most likely” because the lawyers reading this will know it isn’t quite that simple. If a shop were hauling the car to work on it, there would be no ques- tion about it. But here, Lee was just doing a favor for his friend, and local state law may or may not hold him liable for damage to the Aceca. If he is not legally liable, whether the Aceca is covered depends upon the wording of the policies. If Lee’s policies provide coverage only when he is legally liable for it, then we may have to look to the Aceca’s policy for coverage. Property damage Your policy’s property-damage provisions work differently. This coverage is not fault-based. If covered property gets damaged, it gets fixed or replaced. Generally, the policy covers whatever property is identified or described as “covered” by the policy. If this was really just an accident, and neither Lee nor the Subaru driver was at fault, Lee’s Chubb policy would have covered his truck and maybe his trailer — most automobile policies typically provide limited coverage for trailers attached to the tow vehicle, but only to a specified amount — typically around $3,000. But regardless, Lee’s Hagerty policy will cover the damage to his trailer. What about the Aceca? The first place to look is the Aceca’s policy. Most collector-car policies should cover it while it is being trans- ported, but we can’t say that about all auto insurance policies. Recall that the Aceca was a shell in restoration — did the owner even carry insurance on it? If it was uninsured, perhaps we could view it as not being a car at all, but just a “thing,” similar to personal property, such as furniture and furnishings. Now, the Aceca is simply the contents of the trailer. Most auto and trailer policies will cover the contents, but usually only to a very limited value. That won’t help much with the Aceca. The last place to look would be the friend’s homeowner’s policy. “A Chubb homeowner’s policy would cover your personal property while being transported, but that is not the case with all homeowners’ policies,” Morrissette said. “It is common to deny or severely limit coverage when the personal property is not at your home, is breakable, etc.” Takeaways 1. As a general statement, you often have better coverage options under the other driver’s third-party liability coverage than under your own policy’s coverage. 2. As Lee learned, even where the other driver is at fault, things go more smoothly when you get your own insurance company involved to assist with the claim. 3. If you are going to haul your friend’s car, let him/her be the one to load it and tie it down. 4. Always maintain coverage on your car while it is being restored. 5. Make sure you have enough coverage. Hauling your friend’s McLaren F1 with a $1,000,000 liability policy is not a good idea. 6. Claims are easier to handle when the same company insures the tow vehicle and the trailer, although you can’t always do that. ♦ JOHN DRANEAS is an attorney in Oregon. He can be reached through His comments are general in nature and are not intended to substitute for consultation with an attorney. November 2019 53

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Unconventional Wisdom Donald Osborne A Triumph in Monterey My refrain has been “Maximum Impact for Minimum Outlay” — and Justin’s TR4A gave me that in spades but instead of finding its way into my garage in Pebble Beach, it went to stay in Seaside at Ricky and Randy Reed’s shop for an engine rebuild. A Triumph However, because of great people — such as you find in and around old cars — I would not be without classic wheels. My friend Justin Aldi has a fantastic barn behind his house on a small farm in Carmel Valley. The Fiat was supposed to live there between the SCM tour and my arrival on August 1, so I advised him I wouldn’t need his storage. He immediately offered me the chance to come over when I got to Pebble Beach and pick a car to drive for the month. Justin is a dyed-inthe-wool Triumph enthusiast, with half a dozen TRs of various ages sharing space with his vintage fire trucks and the neatest International L120 Hercules-Campbell woodie. Recently, Justin has turned towards new and new-ish BMWs, but the Forget Veyrons. This is what draws eyeballs in Monterey I am frequently asked why I attend Monterey Car Week every year and I’ve always responded in the same way. First, it is my busiest workweek of the year, with much to do for clients. It can be inspecting cars they’re considering buying at auction and advising on their suitability to their needs or assisting them with cars they have consigned for sale at one of the auctions on the Peninsula. It might be participating with them as their car is shown in a concours event during the week. Second, this is my international trade show. I see friends, colleagues and associates I often only see face-to-face a few times in the year, and it’s useful to have a bit of non-virtual conversation and chat about cars and life in the same place. Third — and most compelling — is that every year in the 30 years I have experienced the automotive extravaganza of Monterey, I see at least one car I’ve never seen before or have only seen in a pixelated black-and-white photo in a reference book. Renewed spirit Those occasions renew my spirit as a collector and surgically excise layers of jadedness, developed by the exposure I have had to legendary cars for decades. It happened many times this year in places spread across the Peninsula, for which I am quite grateful. Even as many look forward to a grim future for the collector-car world, I am refreshed and hopeful. No matter how much you’ve seen, there’s always more to discover. An interesting phenomenon I observed this year was the spread between money spent and emotional return delivered. I saw this in a very intimate way — whenever I can, I try to have an old car with me for the month I spend in the area. It serves multiple purposes, as there’s almost always a need for another car during the height of Car Week, when I frequently have to go in a different direction than the others in my house. An old car comes in handy when I explore the lovely driver’s roads in the area — when they’re not choked with traffic. The final plus is that I’ve found that access and parking is often easier when you’re driving something out of the ordinary. This year I had planned to have my 1960 Fiat 1500 OSCA Pinin Farina coupe as my vintage companion. Alas, during the SCM 1000 a few weeks before, while faithfully discharging its duties, it also dropped a ring in the number-two piston. That meant that it did make the trip down from Portland to Monterey, 54 less said about that, the better. I excitedly took him up on his offer and quickly chose his Royal Blue 1966 Triumph TR4A IRS Surrey Top. Years ago I had a 1962 TR4 with the Surrey Top and enjoyed it for the all-toobrief time we were together. The design, by Giovanni Michelotti, is one of the most striking and elegant small sports cars ever. Frankly, I’ve always preferred the handling and ride of the earlier live- axle cars over the independent rear suspension of the 4A, but what also made Justin’s car interesting is that it was fitted in period with a Judson supercharger, complete with neat fender and rear badges. He also added a Toyota 5-speed gearbox for added flexibility in modern traffic. Miraculous roads Comparisons between the ride quality and handling of the TR and my laid-up Fiat definitely come off in favor of the Italian. Still, a bit of crashiness over bumps notwithstanding, the Triumph is a lot of fun to throw around corners. And the roads inside Pebble Beach and around the Monterey Peninsula abound in corners. The location of our house, near Spanish Bay, meant that my daily commute to and from the gym in Monterey and most trips for grocery shopping involved a dash down one of my favorite roads. California 68 West between Highway 1 and the SFB Morse Gate of Pebble Beach is a miraculous road, a two-mile stretch of continuous S-bends that constantly rises and falls. Often shrouded in fog in August — seemingly at random — this road is a sort of very miniature Nürburgring Nordschleife, designed and graded by road engineers who like cars. The speed isn’t very high — the limit is 40 mph and it doesn’t often pay to try it much faster — but it’s perfect for driving an old car at seven-tenths, well within the legal limit. As such, my drives in the TR4A were an absolute delight. Massive bang for few bucks In a period in which the streets were literally littered with new McLarens, Bugattis, Lamborghinis, Ferraris, Ford GTs, NSXs and supertuned Audis, Lexus, BMWs and Mercedes-Benzes, I noticed that “my” little TR drew more attention than the very expensive, and for these weeks not exactly “rare” company. The number of people who stopped me to share a personal story of connection with a Triumph, simply gave me a broad smile and a thumbs-up, or let me out into traffic at a stop sign was considerable. For a very long time my refrain has been “Maximum Impact for Minimum Outlay” — and Justin’s TR4A gave me that in spades. Plus, in an age of “set it and forget it” cars, it was also neat to have to remember to check the underhood glass reservoir of Marvel Mystery Oil that kept the supercharger spinning freely — and to savor the lovely smell of hot MMO that greeted my nose on every drive. Another great Monterey Car Week memory for the bank. ♦ Sports Car Market

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Drivers Ed Paul Hageman A Failure to Meet Expectations Monterey Car Week 2019 saw too many cars flow into a correcting market from 2011 to 2016, we had the greatest growth in the market. The past three years, however, do show a decline. For example, 2019 sell-through rates are generally below the 16-year average: Bonhams sold 76%; their average is 72%. Gooding sold 80% against their average of 83%, and RM sold 73% versus an average of 87%. Further, the 2019 results show a sharper decrease in average value of the cars sold. To be frank, we all knew that continued record growth wasn’t sustainable, but the metrics do paint a much more stable picture of ultimate performance over the past 16 years. Fewer great cars Now, I’m not saying that prices in various cat- egories aren’t down from where they once were. In fact, we’ve witnessed plenty of price corrections of late. What I hope to convey with the data is that we shouldn’t be too surprised with the overall market. In terms of sell-through rate, 2019 is not the I see cause for optimism when an Isotta Fraschini race car sells the same night a LaFerrari doesn’t I ’m a more optimistic person than most, so I’ll exclude my personal sentiments while discussing what was a fairly demoralizing Monterey Car Week for the market. While I have arguments for a more positive outlook — which I’ll get to — I believe the auction business left the weekend with a bit of damage. Before we even arrived in Monterey, people were discussing the lack of interesting cars on offer — and the additional auction days added to Bonhams’ and RM Sotheby’s sales. We’ve also seen numerous individuals in the industry put words to their view of the market — much like I am now. First, I get the pessimism, but to be fair, we, as enthusiasts and self- proclaimed market experts (myself included), haven’t properly adjusted our expectations of what a good auction should look like these days. When I started at Gooding in 2010, it was the beginning of the post-recession boom. And for roughly half a decade, we saw significant gains and new records across the board. In that time frame, we got very comfortable with a 90% sell-through rate. On occasion, usually in Scottsdale, we even experienced a 100% sell rate — or pretty darn close to it. That was incredible! Today, it seems like we see a handful of unsold lots during an auc- tion, and we’re all shouting doom and gloom. But the results show we shouldn’t be scared of the future. We should be abundantly aware of the correction. Sifting through the data Thanks to the team at SCM, I have data from 2004 to the present to help us better understand the weekend. (The data is the overall performance metrics of Bonhams, Gooding and RM during Monterey Car Week. I chose these three major auction houses because they were all active in Monterey during that entire time period.) As one might expect, from 2004 through 2007, we see gains in both the average price per car as well as the overall sell-through rate. 2009 to 2011 saw a rebound to pre-recession levels of performance. And 56 worst year on record since 2004. The average price, though notably lower, is still above the 2010 to, say, 2012 markers. What the data doesn’t show us is the diminished quality of cars on offer (which I’ve previously discussed), as well as the drop in ultrahigh-value cars at auction. This is an expected occurrence in a moresober market. The data is inherently imperfect. You might also ask why I haven’t used metrics for sale price versus the auction estimate. That’s simply because estimates are too tied to a To risk sounding like a broken record, there were too many cars for sale and not nearly enough top-quality, blue-chip cars. seller’s expectations, which I currently believe are often well out of line with reality. Auction houses do have some responsibility here, but with growing pressure to fill the numerous sales, you take what you can, I guess. Too many cars on the market All this brings me to the last and — in my opinion — most telling barometer: the number of cars on offer. To risk sounding like a broken record, there were too many cars for sale and not nearly enough topquality, blue-chip cars. During the 2019 Monterey Car Week, we can say that RM Sotheby’s had 23 more cars on offer than average and Gooding & Co. had 16 more. Bonhams had 109 more cars than average — for a total of 220! And this doesn’t account for any of the other companies that have either expanded their presence or arrived since 2004. So let’s keep things in context. From September 1, 2019, until the end of the year, RM Sotheby’s has six more sales, and Bonhams has 10. Several other auction houses have sales scheduled through the end of the year as well. A lot of cars are on the market, and prices will reflect that abundance. We’ll see public prices rise again when fewer — and better — cars cross auction blocks. ♦ Sports Car Market Jensen Sutta, courtesy of Gooding & Company

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Feature The SCM Interview / Martin Button Drive While You’re Alive Martin Button, globetrotting owner of COSDEL, would rather drive than sleep by Chester Allen I f you’ve been to any major car event, you’ve probably seen COSDEL there, and you’ve also probably seen Martin Button talking cars, driving cars and shipping cars. Button has seen most of the world from behind the wheel of a car. He’s also this month’s SCM Interview: tion business? Circuitously. I arrived in San Francisco in 1980 in How did you get into the car-transporta- my 20s with an agricultural engineering degree and two years in West Africa under my belt. I immediately enrolled at Golden Gate University in San Francisco to earn a master’s degree in International Business Administration, and took a part-time job at COSDEL International Transportation, a small freight forwarder founded in 1960 by two guys, COSmo and DELmar from Chicago, hence the name COSDEL. One day Cosmo called me into his office and said he would like to sell the company to me. He was in his 70s, and had no children. I told him I had no money, but he said that I could pay him over time. The company wasn’t worth very much, so I paid him over the next four years, and became sole owner of COSDEL. Originally, COSDEL exported mostly canned and dried fruit, walnuts and almonds. The company had nothing to do with cars, and I wanted that to change. So, how did you fit cars into COSDEL? I often visited Bruce Trenery’s Fantasy Junction, a well-known classic-car dealership in Emeryville, to look over his inventory and kick tires. One day Bruce asked me, “Can you ship cars?” We had never shipped cars, but I told him we could. A customer of his had just purchased two Ferraris, and wanted to ship them overseas, so we put them in a 40-foot container and handled all the logistics. Our car-shipment business grew quickly as more of Bruce’s customers began to use COSDEL to ship their cars overseas. Bruce also suggested that I attend a Barrett-Jackson auction with him in Arizona, where he introduced me to some of his clients. I came away from that event with 25 cars to ship and knew that the future for COSDEL was in shipping cars, not canned peaches! I started going to auctions to solicit business, and our client list grew from there. That’s also how I learned so much about classic cars. I would read auction catalogs from cover to cover, and I still read them as much as I can. sides cars? COSDEL ships anything and everything, but our main focus is classic and collector cars. We also move 58 Does COSDEL transport other things be- Martin Button purchased COSDEL in the 1980s, when it was just a small freight forwarder primarily dealing with dried fruit and nuts. Now it’s a globally recognized high-end car-shipping business, although they still deal with the occasional almond shipment manufacturers’ show cars, pre-production concepts and secret test cars. We still handle a large volume of almonds and walnuts every fall season, and many other commodities from building supplies to frozen-food products, automotive spare parts, watches and fine art. Our car clientele often call and say they have bought something unusual from some distant corner of the world, and we get it home for them. We never say no. How many collector cars do you transport each year? We specialize in high-value, special cars. I only ship cars as if I owned every one personally, and believe me, I would never double-stack one of my cars for shipment. We have no interest in being the shipper that ships the most cars every month. Our objective is to compete on service alone, and being the absolute best in the business of shipping the best cars in the world. We ship lots of cars to driving events, rallies and concours worldwide, and our service is as transparent as possible to the owner. Fly in and drive away — your car will be ready and waiting for you fully valeted with premium petrol in the tank and keys waiting for you. of the earth to the other? The most difficult thing is managing risk. There are inherent challenges involved What is the most difficult thing about hauling a car from one end in shipping classic cars — which are, after all, works of art. Risk cannot be eliminated entirely because things sometimes happen that are beyond our control. For example, a container may get dropped at the pier by a crane operator, or the tie-down straps in a car transporter truck might break loose, and result in damage to a car. At COSDEL we manage the risk as much as possible by using only premium ser- Sports Car Market

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vice providers, truckers, ocean carriers and airlines — and warehouses specially trained in our proprietary methods of securing automobiles for transport. But no matter how carefully we plan everything, accidents do some- times happen, and we mitigate that risk by offering an optional All Risks insurance policy that covers a client’s car from the moment it’s under our care until we deliver it to the ultimate consignee. The insurance coverage we carry is extremely comprehensive, so that on the rare occasion there is a claim, the car can be properly restored. If a shipper tells you they never have any damage or there are no risks, they are lying. There will always be risks when shipping cars. But it’s what you do about problems when they occur that matters the most. That’s how COSDEL built its excellent reputation as the premier worldwide shipper of classic and collector cars over the past 40 years. What does your Auto Exchange Service do? Our Secure Auto Exchange program has successfully helped hun- dreds of buyers and sellers of motorcars transact purchase deals with no risk to either party of being scammed or cheated. It’s a very simple premise. We ensure that neither buyer nor seller has both the car and the funds at the same time. We hold the funds in our trust account, ensure the car is what is being presented, documents are correct, and the seller has the right to sell the car. Once everyone is happy, we transfer the funds. More details are available on our website, I personally oversee every secure auto exchange, as they often involve tens of millions of dollars. have? Which is your favorite? My objective was never to “collect cars,” but like any true car guy, I ended up owning lots of cars — about 200 over the years, a number that has settled down to around 20 for the past decade. My wife, Sandra, currently serves as the chairman of the Pebble Beach Concours — this is her 34th year with the event — and she’s a true car gal. Today we own a small collection and drive them all as much as we can. Our oldest cars are a 1920 hot-rod race car and a 1920 Stutz Roadster, which was part of the Harrah Collection. We also have a 1926 Vauxhall, a 1929 Bentley 6½ with its original 2-seat Sunshine Coupe body, a beautifully restored 1957 Mercedes 300SL Roadster and a 1937 Jaguar SS 100, which we have owned for over 35 years and still looks gorgeous and is great on tours; in fact, we just drove the SS 100 on a super tour through Norfolk, England. One of our favorites is a 1948 Chrysler Town & Country woodie convertible, which has beautiful wood all over the car. It’s like driving around in a Riva, and always makes bystanders smile! Our collection also includes a 1952 Jaguar Mk VII; a 1954 Austin-Healey 100-4; a 1957 Alfa Giulietta Spider; a 1963 Studebaker Supercharged Avanti: a 1972 Ferrari 365 GTC/4 and a lovely E-type coupe. If I had to pick one favorite car from our collection, it would be the Jaguar SS 100. In addition to sentimental reasons — having owned that car for such a long time — it looks beautiful, we love driving it, and it’s great on tours. Are you a car collector? If so, how many cars do you “We have no interest in being the shipper that ships the most cars every month. Our objective is to compete on service alone, and being the absolute best in the business of shipping the best cars in the world.” driver? Our cars are spread around our various residences, so that wherever Where do you keep your cars? What is your daily we are working, we have a nice classic or sports car to enjoy. Several of our cars are in our small warehouse in Monterey. My daily driver is my SL55 AMG or Sandra’s Bentley Bentayga. How does that work? COSDEL started in San Francisco in 1960 and I took over the com- pany in 1982. We then opened two offices: in the U.K. in 2014, and one in Japan in 2016. Besides international air and ocean shipping from the U.K., we do a large amount of European trucking too. We all work together as one team, the COSDEL Family, we like to call it. Shipments transfer between the various offices and countries seamlessly. do you drive, where do you go and who is the co-pilot? This is a tough question. We have enjoyed driving in the London to Brighton Run about a dozen times in our 1904 Lenawee. We have driven our SS 100 all over Great Britain, Europe and Israel. We took our supercharged Avanti to Japan, where we drove in a typhoon, and we have done most of the American major rallies in various cars. But I think our favorite has to be the 1000 Millas Sport in Argentina, which we have completed in many cars, including twice in the 1926 Vauxhall boattail, which we still own, and once in the 1927 OM we sold (too slow!). So if I had to choose, I would probably go back to Patagonia in one of our post-war sports cars, maybe in the ’54 Healey, the ’57 Alfa, or our ’57 300SL Roadster, with my lovely wife by my side. We really enjoy the country, the petrolhead friends we have made down there, and the great food — and let’s not forget the amazing wines! There is no other place like it on earth and the Millas Sport is a must-do for any car enthusiast who loves nature, great roads, super accommodations and wonderful scenery. And with COSDEL to ship my cars anywhere in the world with the A personal favorite from the home collection: 1948 Chrysler Town & Country woodie convertible November 2019 assurance that they will arrive in pristine condition and ready to go — the world is our oyster. I say drive while you’re alive, sleep when you’re dead! ♦ 59 You’ve got a week off and the car of your choice. What Your company is based in California and the U.K.?

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MONTEREY RECAP GORDON MCCALL’S MOTORWORKS REVIVAL 2019 Propelling the Week Into High Gear This high-flying party launches Monterey Car Week in style by Carl Bomstead Jim Pickering From vintage bombers to modern muscle, this party caters to every taste M olly and Gordon McCall have presented the Motorworks Revival as the opening event for Monterey Car Week for 28 years. In the early years it was an invitational event for friends and family. Now, Gordon McCall’s Motorworks Revival at the Monterey Jet Center is a coveted ticket — and the moment when Monterey Car Week shifts into overdrive. About 3,000 lucky car people attended this lavish lifestyle affair. It presented an eclectic variety of most everything to do with great cars, aircraft and luxury goods. Sports Car Market was part of the evening, with a bespoke-covered magazine as part of the VIP gift package. Motorcycles, aircraft and automobiles of all description are presented in a relaxed atmosphere with culinary offerings from the finest local chefs — along with numerous choices of top-shelf beverages. In addition, you have to marvel at young women walking on four-inch high heels while carrying several glasses of wine. Hello in grand style Upon entering the event, you were greeted with a glass of champagne and a vintage B-25 Mitchell bomber that was complete with period nose art. It was built in 1944, which was too late to see service in World War II. Paramount Studios bought the plane, and it appeared in several films. Now in private ownership, the B-25 has been properly maintained and periodically appears at various aircraft events. This year marked the 60th anniversary of Honda Details in the United States, and a 1961 Chevrolet Apache 10 pickup was restored as used in the era as a Honda motorcycle-parts hauler. Proudly displayed in the bed of the Chevy were two period Honda motorcycles. Moving quickly to the present, a Lightning Strike electric motorcycle was front and center. Available in three options, it has a top speed of 135 miles per hour. Bunkie’s ’Vette In 1963, a Corvette convertible, fresh off the line, was sent to GM Styling and Engineering for modi62 Plan ahead: The 29th Gordon McCall’s Motorworks Revival at the Monterey Jet Center is planned for August 12, 2020 Where: The Monterey Jet Center, 300 Sky Park Way, Monterey, CA, 93940 Cost: $475 for VIP admission — $425 in advance. Keep tabs on the website, as this event sells out very quickly Web: fication as a one-off car for Chevrolet President Bunkie Knudsen. The result was a striking Corvette with intricate sidepipes that required modifying the engine bay. Earlier this year, the car received a freshening and was displayed on the tarmac at the Revival. The Mercedes-Benz 300SL is one of the most sought-after collector cars, and the tribute presented that evening had purists shaking their heads. It was, however, rather unique, with a Chevy LS motor under the hood and a paddle shifter on the steering column. It was right at home with the stunning replica Bugatti Type 57 that was built on an actual Type 57 chassis — but had a hand-formed magnesium body. Fast, loud fun My wife wondered why men flock to the sound of an engine, but they certainly did when the top-fuel dragster fired up. A World War II P-51D Mustang offered an interest- ing contrast to the Embraer Legacy 500 mid-size business jet. With a range of 3,125 miles, the jet provides an efficient and rapid means of travel for four, but at a cost of $18 million, it is not for all. If your requirements were a bit more extensive, then the Gulfstream G500 with a range of 6,000 miles and seating for 19 might be more in line. These are interesting options to debate as you stroll by with a glass of champagne in one hand and a caviar hors d’oeuvre in the other. The Motorworks Revival caters to more than just luxury lifestyle events, as the California Highway Patrol 11-99 Foundation is the beneficiary of the event. The 11-99 Foundation cares for CHP families in need — and also offers scholarships for family members. A most worthy cause. ♦ Sports Car Market

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MONTEREY RECAP 18TH ANNUAL SCM INSIDER’S SEMINAR Buy What You Love — Not for Profits Veteran SCM writers Carl Bomstead, Miles Collier, Philip Richter and Donald Osborne opine on the current market by Robert Cumberford with Richter opting for a 1990 or 1995 Corvette ZR-1 with the 4-cam engine. Carl got closer to today with a 2015 Dodge Challenger SRT Hellcat. Collier, always ready to surprise, suggested that the cars to buy would be Mazda Miatas — for the driving experience. The current market The panelists then jumped into a discussion of the current market, values, and future prospects. Collier said the market is constantly expanding. He cited the few who perceived 15–20 years ago that it might be interesting to acquire ’60s racing cars, with which you really could not do much, and he insisted there are new niches to be uncovered and explored. Collier also pointed out that cars are Miles Collier fields a question for SCM’s expert panel at the Insider’s Seminar T he 18th annual Sports Car Market Insider’s Seminar was as stimulating and informative as usual — but it was also a bit subdued this year. The audience was smaller than usual, and the absence of Publisher Keith Martin and his ebullient personality was particularly noticeable to regular at- tendees. Venue host David Gooding gave seminar attendees access to the spectacular ve- hicles scheduled for Gooding & Company’s weekend auction. SCM’s panel experts were Carl Bomstead, Miles Collier and Philip Richter. The experts pick their winner Moderator Donald Osborne asked the panel to select and explain their choices in three categories: great cars available for under $50,000, a selection under the rubric “The Big Bang,” and finally, a discussion of intellectual and emotional motivations for acquiring collector cars, regardless of price. To many in the audience, the Affordable category was the most compelling. Carl Bomstead said that some 1949 Cadillacs on offer represented an opportunity to acquire a true American icon with the Kettering high-compression OHV V8, which was the model Briggs Cunningham used for his initial assault on the 24 Heures du Mans in 1950. Miles Collier has that very car today, but his thought on the category is that originality pushes value, and that it is important to find something you really want and preserve it. There was divergence among the three presenters for the 1960s and 1970s. Carl thought the 1966 Buick Riviera was a hot tip — especially the rare GS. Richter was strong on the 1969 Alfa Romeo GTV, while Collier suggested an original Mini, but he stressed that the right choice is “anything you want.” For cars from a decade later, Phil saw the 1987 Buick Grand National as a solid choice, while Miles was open to a Porsche 911 SC or Carrera “or any mundane 911,” and Carl, with his established (and well-founded) bias toward American iron, recommended the ’76 Ford Bronco Ranger. In that price range from the ’90s to the present, the variety selected was greater, 64 among the most reliable non-financial assets. However, Bomstead noted that asset values are extremely variable, with plenty of surprises to come. Richter simply stated that global financial markets are truly a twilight zone today, and in the face of possible interest-rate cuts and a hard deflation cycle, “quality is paramount.” Perhaps the hardest truth from the discussion was a quote from Collier: “If you buy for love, you’re in with a chance. If you buy for money, you will make bad decisions.” More choices In the wide-open-choices regime, Collier’s intel- ligent pick for an expensive collector purchase would be a Porsche 959, an extraordinary technological feat when created, and a truly exceptional performance car more than 35 years after its introduction. Emotionally, Miles goes for the 1961 Ghia-bodied Maserati 5000 GT on the basis of rarity and the fact that none of the few made were exactly like any of the others. Carl’s rational choice was the 1968 Ferrari 250 GT Tour de France, but his heart went out to the 1954 Alfa Romeo 6C 3000 Superflow IV by Pininfarina. The biggest gap between heart and mind of our three experts lay in the disparity between Phil’s preferred 1938 Tatra T77A, a car the German Wehrmacht forbade officers to drive because “they killed more of our men than the Czech resistance,” and his rational choice — as solid a buy as one can find in the collector-car world — a 1941 Mercedes-Benz 540K Cabriolet A. Bomstead said, “Unless you’re doing something with the car, don’t have it.” ♦ Sports Car Market Dave Tomaro

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MONTEREY RECAP MCLAREN ADVENTURE Monterey in the McLaren Lane SCM’s own Elana Scherr plays at supercar ownership during Monterey Car Week in a 2020 McLaren 600LT Spider by Elana Scherr Reunion to watch Mika Häkkinen warm up the 1970 McLaren M8D “Batmobile” Can-Am car, and then take their own cars on a parade lap. The corkscrew I was given a walkie-talkie and tucked my McLaren into a rainbow of spitting, cackling, high-horsepower dream machines. From above it must have looked like someone spilled a bag of Skittles down the entry road to Laguna Seca. Just before we went on track, a group of teenage boys surrounded the 600LT. The bravest of the lot bit his lip, looked at me with big puppy eyes and asked if I might let him ride during the parade lap. “Sure, kid,” I answered. I’ve always wanted to say that. He was thrilled. I tried to play it cool, but I was thrilled too — and busy, once we got on track. Parade laps behind a group of Senna owners require both hands on the wheel. No room for beauty-queen waves. Also, the corkscrew. Wow. McLaren encourages personalization of its cars Elana and friend at the racetrack with other Skittles — er, McLarens M onterey Car Week is the kind of place where people’s dogs have a more expensive ride than you do. It’s a scene where you will see a car worth millions — yes, with an s — parked outside a Rite-Aid. It’s hard to take in what’s around you — let alone stand out in it — during Monterey Car Week. So when McLaren Automotive offered me a 2020 McLaren 600LT Spider for the Pebble Beach Concours weekend, I figured it was a good chance to see if a supercar still felt super if everyone had one. My first few moments as a McLaren owner were pretty much exactly how I expected them to be. I walked up to the low, white wedge. The lights flashed, and the driver’s door opened upward with a soft hiss. I felt like the heroine of a space epic, given the helm of a fantastic starship. Granted, I’ve yet to see a film where the captain has to sit on a balled-up jacket because the spaceship’s carbon-fiber race seats don’t adjust in height, but those seats are an option, and I’ve heard time in zero gravity makes you taller anyway. A McLaren at Mickey D’s My first stop, dinner. I raised the nose on the 600LT with a little stalk on the steering column, and coasted effortlessly into the McDonald’s parking lot. After a glamorous meal — the fries were French — I fired up the twin-turbo 3.8-liter V8, and the twin pipes on the back deck popped a warning shot into the misty Northern California air. A night-shift employee looked up from his broom. “Hey! Hey! I’m a gold digger,” he shouted after me as I pointed the rocket south and hit hyperdrive. Okay, actually I angled it across the driveway and edged carefully into the street. In the sci-fi movies they seem to have solved the problem of steep ramps and potholes, but in these unenlightened times, a would-be Queen of the Galaxy has to watch her front splitter. Even more elegance Once in Monterey, things did get more elegant. First off, I borrowed a pillow from my hotel room to replace the wadded-up coat, so unless you looked directly in the 600LT, I looked like someone tall enough to drive it. Second, I met up with the McLaren Owners Rally, a group that had driven from Las Vegas to Monterey and was about to caravan to the Rolex Monterey Motorsports 66 through the McLaren Special Operations (MSO) division, and the rally cars were all manner of paint and interior options, from a color-shifting, exposed-carbon Senna to a racing-striped 720S with a bright blue interior. Every owner had put his or her personality into their McLaren. “I like your spec,” said a lady behind me after we’d come off the racetrack laps. “I have the same, it’s like a storm trooper.” I was still breathing too hard from the corkscrew to answer, but I nodded. McLaren ever after Later I caught up with her again. Rachel and her hus- band, Elgin, were Porsche owners when they first got into cars, but after Elgin brought home a 12C in 2012, it was McLaren ever after. “We’ve owned 10,” said Rachel. “I just wanted some- thing different,” said Elgin. “That’s a pretty snappy little car you’ve got there,” said another owner, nodding at my convertible. It wasn’t just my fellow McLaren fans who were en- thusiastic about the 600LT. The parking attendants at the hotel remembered me — and saved me a spot. A pair of brunettes in a sunny yellow Ferrari cheered and waved at me and my — also female — passenger when we were stuck in traffic. Girl Power! Horsepower! I expected that being in a supercar, especially a “starter McLaren” by supercar-owner standards, we would be ignored in the sea of powerful and rare machinery that floods Monterey during Car Week, but it wasn’t like that at all. We got grins from guys in muscle cars and compli- ments from elderly women in parking lots. Someone, somewhere, has video of us, top down, singing Taylor Swift at a stoplight. Why would I care? I was in a McLaren. I do what I want. ♦ Sports Car Market Courtesy of McLaren

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MONTEREY RECAP SCENES FROM THE PENINSULA Postcards from Monterey You’ve got to pick your favorites, as there is too much to do. That means you’ve got to come back next year By Prescott Kelly M y first Monterey in 1982 was a life-changing experience. I went because Porsche was the featured marque at the “Historics,” as the races were then known. After 15 years with 356s, I bought my first 911, a black 1973 RS, #618. I started intensive track days with the Porsche Club that led to 30 years of (mostly vintage, some SCCA Regional) racing. The Monterey hook was set. I have returned almost every year since 1982. Over the years, the 10 days of Monterey “week” have boomed, with many more events taking place all over the Peninsula. Aside from the large public events, there now also are dozens of private or semiprivate events hosted by leaders in the hobby, manufacturers, dealers and insurance firms, among others. It all adds up to one huge automobile extravaganza. There is too much to do, so you have to choose your favorites. For 2019, these vignettes were the more memorable from my favorite events. Concours on the Avenue in Carmel-by-the-Sea is the perfect way to kick off your Monterey experience. It is Carmel-by-the-Sea Concours on the Avenue essentially a movable bull session as friends meet and view the cars. 2019 was its 13th year. This casual concours has always been free to spectators — it now attracts thousands of them. The town closes down about 15 blocks on Ocean Avenue and side streets for this charity event. Classes are diverse, with a lot of Porsches, Ferraris and American muscle — and a few models you’ve never seen before. nnn The Little Car Show is a hoot. Small, sometimes- ordinary-but-never-boring cars gather on the streets of Pacific Grove on Wednesday, the day after Carmel. The turnout is eclectic, even eccentric: Volkswagens, DKWs, Crosleys, little bitty early Hondas and Subarus and Toyotas, Isettas and all kinds of Etceterini. The Little Car Show nnn The Rolex Monterey Motorsports Reunion at Laguna Seca is three days of vintage racing on the final weekend. The racing is excellent, and the cars are the show — a big one. Every race driver has this event on his bucket list — and some of them have raced here for 30 years. Okay, so most of the drivers are a tad senior, but not all. I am really impressed that a young, modern-car race driver, Patrick Long, also loves to drive old iron. Patrick is the only American among Porsche’s factory drivers — as he’s been for 15 years. He gets to drive the latest and the best, but perhaps he has an old soul. At Laguna, he drove five vintage cars. Two runs stood out: those in Stanley Gold’s 1957 Speedster and in Alan Benjamin’s 1968 911 T/R. Patrick could have taken the week off, but he really enjoys driving these notable old cars. 68 Rolex Monterey Motorsports Reunion Sports Car Market Prescott Kelly Prescott Kelly Prescott Kelly

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nnn The Pebble Beach Concours d’Elegance is the anchor event on Sunday. It’s a prestigious event with thoroughly curated entries. For 2019, the featured classes were Bentley, which marked their centennial, and Zagato, also celebrating 100 years. Bugatti Type 59s, plus American hot rods that had been magazine cover cars, were also featured classes. My favorite car there was a Porsche, of course, but it had a good story. The Ingrams’ 1960 Carrera Abarth GTL had been damaged by falling burning timbers in the wellpublicized next-door gas-main fire that ruined their car museum. Cam Ingram and his team restored the car, putting in over 4,000 hours in under five months to get the car to Pebble Beach — where it won a First in Class. That was the fourth trophy in six years for the Ingram family — and Cam actually has five such trophies. His first one was for a Gmund coupe he restored and presented for Hans Peter Porsche in 2011. nnn The auctions at Monterey get fulsome coverage in this issue — of course. And yes, I am an auction junkie. While the market was slow, and total sales were down, there was a lot for spectators to love. Gooding had a Willhoit-restored 1962 Porsche 356B Super 90 “twin-grille” roadster, Lot 109, that busted out to a $610,000 sale — undoubtedly a world record. Over at RM Sotheby’s, Lot 373, a competition-spec 1967 911S, astounded everyone with a $912,500 result (see German Profile, 94). Despite those gaudy numbers, my favorite car of the week was the Czechoslovakian 1938 Tatra T77A limousine, Lot 107 at Gooding & Co. It was Art Deco brilliance and very well restored. It sold for a strong $412,000. Big results in a down market help allay anxiety. ♦ Pebble Beach Concours d’Elegance p. Pebble Beach Tour d’Elegance Motorworks Revival at the Monterey Jet Center November 2019 69 Prescott Kelly Dave Tomaro Jim Pickering

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MONTEREY RECAP SCENES FROM THE PENINSULA The Lone Cypress Postcard Moments Captured by SCM Staffers Motorworks Revival at the Monterey Jet Center 70 Sports Car Market Jim Pickering Jim Pickering Dave Tomaro Dave Tomaro

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The new DeTomaso P72 supercar at Concorso Italiano Japanese Automotive Invitational 1994 McLaren F1 “LM Specification” at RM Sotheby’s Pebble Beach Tour d’Elegance November 2019 71 Dave Tomaro Dave Tomaro

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MONTEREY RECAP SCENE AND BE SEEN LONGTIME OWNER: Andy Meyer settles into a lawn chair to field questions about his 1957 Fiat Abarth Zagato Double Bubble at Concorso Italiano. The California resident found the car, which he said is mostly original, on the front row of a used-car lot in 1964. “I begged my mother for $3,000, and she lent it to me,” he said, adding that the previous owner was a racer who rolled the car. Meyer said he built three engines for it, but they proved too fragile. The car sat in a garage until four years ago, and Concorso was the first show where he has displayed it. Is it fun to drive? “No,” he said. “The steering is wishy-washy.” BACK IN THE FAMILY: The Ingram family with their 1960 Porsche Carrera Abarth at Pebble Beach: father Bob, restorer Cameron and mom Jeanie. The car had been damaged by falling timbers in a fire that ruined their car museum. Cam Ingram and his team restored the car, putting in over 4,000 hours in under five months to get the car to Pebble Beach — where it won a First in Class. This GTL is one of only 16 ever built and is very original even after the fire damage forced a body job. No aluminum was lost. ALWAYS LOOKING FOR ANOTHER: Richie Mayer of Sonoma, CA, preps his 1962 Alfa Romeo Giulietta Spider Normale at Concorso Italiano. He said he found it in a motorcycle junkyard in 1998, and “it took 12 years to talk the guy out of it.” He said he called twice a year. “The guy would say, ‘Make me an offer,’” Mayer said. “When I did, he hung up on me.” But the owner eventually relented in 2010. Mayer said the car was buried under so much debris that it took two months to extricate it from the junkyard. Mayer, who also owns a 1750 Spider and a GTV, did a full resto on it — everything but paint and the motor. “I couldn’t let the guy destroy it,” he said, adding that he loves the Italian aesthetic. “Performance is equal to design in a simple package.” 72 Sports Car Market Prescott Kelly Dave Tomaro Dave Tomaro

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LADIES’ DAY: D.J. Mitchell of Redwood City, CA, is all smiles as she stands with other winners at the Prancing Ponies all-women car show in Carmel-by-theSea. Mitchell was speechless after winning Best of Show for her 1960 Chrysler Imperial, which she said her father-in-law bought brand new. JET SETTERS: Hosts Gordon and Molly McCall address the crowd at the Motorworks Revival 2019 at the Monterey Jet Center. WHERE TO, MADAM? Vincent Scully plays chauffeur as he lets spectators have a seat in his brother’s 1932 Lincoln Sport Phaeton replica at the Carmel Mission Classic concours. Scully said the car was built in 1980 as a tribute to Walter Murphy Coachworks, then sat for 30 years before being resto-modded in 2013 with a Corvette engine and GM 6-speed. The car is a daily driver, and Vincent’s brother lets him use it for six months of the year (during the winter). He said he purchased the chauffeur outfit off eBay as a leftover costume from the 2011 film “The Green Hornet.” VOICES OF EXPERIENCE: Master of Ceremonies Barry Meguiar hands the mic off to Guest Judge John D’Agostino at the Carmel Mission Classic concours. November 2019 73 Dave Tomaro Dave Tomaro Dave Tomaro Jim Pickering

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MONTEREY RECAP LEGENDS OF THE AUTOBAHN Monterey’s German Party Gets RAD The best deal of Monterey Car Week brings RADwood into the sea of BMWs, Audis and Mercedes-Benz Story and photo by B. Mitchell Carlson Best of Show — the 1954 EMW 327 owned by Craig McLaughlin T he 10th anniversary of Legends of the Autobahn — Monterey’s only all-German car event — saw a wild and crazy team-up with RADwood. RADwood? What’s that? Described as “the car show that blends garish period-correct dress with automotive awesomeness,” RADwood is a traveling car lifestyle show that is open to all European cars and bikes from 1980 to ’99. The goal? “To capture the bodacious spirit of that era.” Volvos and Lotuses on The Club at Pasadera’s green fairways were enough to signal where Legends of the Autobahn ended and RADwood began. And for those who still had any doubt, there was a faux BMW E30 Polizei (police) car and a Nordica skis-branded Volvo wagon to mark the change in territory. By the way, RADwood has shows scheduled in Boston and Los Angeles before the end of the year. Celebrating German cars The main focus of Legends remains showing off German cars and enjoying time with like-minded fellow owners. Legends offers a concours d’elegance setting, clean car competition or just parking with fellow German-car owners. The BMW Car Club of America, the Mercedes- Benz Club of America, and the Audi Club of North America hosted Legends. There was formal judging to each club’s national standards — plus informal “show-and-shine” zones. On the less-formal side of the show, People’s Choice was awarded to a car that always gets plenty of smiles from bystanders — Roxanne Miller’s 1957 BMW Isetta 300. 74 Details For the formal awards, the Best of Audi was the oldest Auto Union/ Audi on site — a 1960 DKW SP 1000 coupe owned by Erik Ouwersloot. The car sports an older restoration that still captivated the judging team, but it was a bit ironic that the 2-stroke, 3-cylinder engine could barely work its way up to the awards ramp. A brake cylinder that decided to lock up at the last minute didn’t help the car at all. The cars wearing the three-pointed star always make a strong pres- ence at Legends, and the Best of Mercedes-Benz was no exception. Conrad Aleks’ 1997 SL500 won the top prize. The Best of BMW — and Best of Show — wasn’t really a BMW. Rather, it was Craig McLaughlin’s East German-built 1954 EMW 327. At the end of World War II, BMW’s automotive factory in Eisenach Plan ahead: The 11th Annual Legends of the Autobahn is scheduled for August 14, 2020 Where: The Club at Pasadera, Monterey, CA Cost: This event is free for spectators, which makes it the best deal of Monterey Car Week Number of entries: Hundreds of BMW, Audi and Mercedes-Benz cars on the grass. And, now, RADwood cars as well Web: was in the Soviet sector, so the East German government took the liberty of continuing to build BMWs a few years later. When the fledgling post-war West German BMW Corporation protested, the East Germans changed the name to Eisenach Motor Works and made the roundel red and white — yet continued to build the same pre-war BMWs for a few more years. While this car was at Legends in 2015, it has since gotten a stunning restoration. The car is now vastly better than the communist-controlled plant could’ve built it new. It wowed the judges sufficiently to take home all the laurels. While Legends of the Autobahn remains free for spectators, as with everything else in Monterey, prices continue to ratchet up. This year, parking for those free spectators was up to $25, while concours registration was at $95 and corral parking is up to $60. Legends is still one of the best deals during Monterey Car Week, and it remains a must-attend event if your tastes in cars are Teutonic — or RAD. ♦ Sports Car Market

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MONTEREY RECAP PORSCHE WERKS REUNION Porsche Royalty at Porsche Werks Monterey Car Week’s massive Porsche Party attracts big names and big cars by Prescott Kelly Gary West It’s like dying and going to Porsche Himmel M Details Plan ahead: The next Monterey Porsche Werks Reunion is scheduled for August 14, 2020 Where: The Corral de Tierra Country Club in Salinas, CA Cost: This event is free for spectators Number of entries: 640 Web: 76 onterey Car Week 2019 saw the fifth installment of Werks Reunion, the annual Porsche-only gathering. It was the largest ever, with a huge increase in spectators. Werks Reunion is now a big-time event during Monterey Car Week. In fact, Dr. Wolfgang Porsche, chairman of the Supervisory Board of Porsche AG (and the family holding company) showed up to take it all in. Dr. Porsche brought along his charming wife, Professor Dr. Claudia Huebner, and his nephew, Mark Porsche, son of Alexander Ferdinand “Butzi” Porsche. Butzi Porsche designed the 911 and the 904 and founded Porsche Design. Klaus Zellmer, President and CEO of Porsche Cars North America, also was at Werks. He addressed the crowd about the new high-performance, all-electric Porsche Taycan. Comedians and bright colors On a fun note, podcast personalities Spike Feresten and Paul Zuckerman attended with their freshly delivered Zagato-Porsche 356, one of the nine new old-concept coupes built in Italy (along with an additional nine Speedster models). Other features for Werks Reunion 2019 included a 30th-anniversary gathering of 1989–94 964s in some beautiful iterations, and a “Rennbow” collection of Porsches in bright, different colors. Also, Singer and Gunther Werks both brought their reimagined/remastered 911s to show and demonstrate. A divorce with a happy ending Werks Reunion was created when the Porsche Club of America split from the multi-German-marque “Legends of the Autobahn.” The split came after a spat among the marque clubs over whose sponsors could and could not display on the field. Born of pique, shall we say, Werks has proven to be a very good idea, as Porsche-centric participation, attendance and sponsorship have increased manifold from the Legends years. A new, larger venue helped Werks Reunion originally took over the former venue of Legends in Carmel Valley. Quickly, that golf A 1992 Rubystone Carrera RS leads a lineup of 964s celebrating their 30th anniversary Sports Car Market club became too small. In 2017, the event moved to the Corral de Tierra Country Club, a couple of miles east of Laguna Seca’s main entrance off Route 68. This pretty setting is in the hills but still has huge vistas for cars — all of which was needed for 2019. Big numbers for 2019 Organizers Tom and Sandy Provasi reported that for 2019 they had 640 total entrants, with 159 judged concours cars and 481 more displayed in model-bymodel corrals. The impressive growth was in spectators. More than 1,700 spectator cars paid to park at the Club, up from about 1,000 in 2018 and just under 800 in 2017. Boundless enthusiasm Werks’ West Coast edition (there’s another one at Amelia Island every March) might be the world’s largest single-marque annual gathering, to be outdone only by the triennial Rennsport Reunion. Enthusiasm for Porsches might be boundless. ♦ Prescott Kelly

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MONTEREY RECAP THE QUAIL, A MOTORSPORTS GATHERING It’s Worth It — Really The week’s most exclusive and over-the-top event perfectly balances excess, style and class Story and photo by Carl Bomstead AMR oil-cooled electric motors that provide 475 ft-lb of torque and a top speed of 120 mph. It also offered Brembo brakes, power steering and air. At the other extreme was the new Drako GTE with quad electric motors that produce 1,200 horsepower and a top speed of 201 mph. The Petersen Automotive Museum presented an interesting grouping from Hollywood. Each had its own backdrop, and the display included the Greased Lightning car from the movie “Grease,” and a Batmobile with a miniature version constructed from Legos. Gary Wales presented his Gary Wales with his Buick Y-Job re-creation, the only known replica of Harley Earl’s 1938 concept car T he Quail, A Motorsports Gathering is the most coveted ticket during Monterey Car Week. Now in its 17th year, The Quail attracted about 6,000 gearheads, who entered a January lottery for the opportunity to spend about $650 for the chance to at- tend. The deeper-pocketed tried for the $2,500 patron ticket, which is even more elusive. The fortunate were welcomed to the Quail Lodge and Golf Club in Carmel, where they found an array of several hundred new and old cars, numerous gourmet food stations from the various locations of the sponsoring Peninsula Hotels — and extreme elements of the luxury lifestyle. Several dozen supercars were presented, including the latest offerings from Automobili Pininfarina, Bentley, McLaren, Lotus and Pagani among others. Bugatti unveiled the new La Voiture Noire, which is priced at $18.7 million — the most expensive new car ever sold. A little more moderate was Bugatti’s 1,600-horsepower Centodieci, which was “only” $8.8 million. Only 10 will be produced. Sorry, they are all spoken for. The Quail featured a “Tribute to the Electric Car Movement” and a more varied selection cannot be imagined. A 1949 Mercury coupe had the appearance of a rat rod — but with a surprise under the hood. Titled the ICON Derelict, it was powered by twin 78 Details Plan ahead: The 18th Annual The Quail, A Motorsports Gathering, is scheduled for August 14, 2020 Where: Quail Lodge & Golf Club, Carmel, CA Cost: A lot. This year’s tickets were $650 a person, if you signed up for the lottery. People who wanted a guaranteed ticket paid $950. Number of entries: 250 Web: signature-events re-creation of the famed 1938 Buick Y-Job. Originally created by Harley Earl, the Y-Job was the first concept car. Wales’ recreation is the only one known to have been done. It is frequently displayed in Southern California and is always a hit. Over 200 collector cars were presented, with 100 Years of Bentley being one of the featured groups. The judging at The Quail is unique, as the class en- trants select the winning car in their class — and the Best in Show. This year’s winner was Joseph and Margie Cassini’s delightful 1931 Stutz DV32 Convertible Victoria by Le Baron. Luis Firpo, a famous Argentinean boxer, was a former owner of the car. The Stutz will now be eligible for The Peninsula Classic Best of the Best Award. The Spirit of The Quail Award was presented to the 1957 Ferrari 335S from the garage of Cavallino Investments. There were ample opportunities to experience the luxury lifestyle, as high-end automotive apparel was available from David Graham, and Burgess offered mega yachts. When asked how large a crew one mega yacht required, the representative responded that you could get by with 24. I guess if you have to ask, you can’t afford it. The Quail is not all about glitz and glamour, as several local charities receive support, including the California 11-99 Foundation, Rancho Cielo Youth Campus, Naval Postgraduate School and the California Cadet Corps. The Quail is a difficult ticket to obtain, but the ex- perience is well worth the effort and expense. See you next year! ♦ Sports Car Market

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SCMers at The Quail Anatoly Arutunoff—Tulsa, OK 1974 Fiat 124 Dave Atcherley—Clarks Summit, PA 1979 Ferrari 308 GTB Group 4 John H. Barrett—Athens, GA 1928 Bentley 4½ Litre Richard Belveal—Prescott, AZ 1929 Bentley 3 Litre Ed and Christine Blais—Park City, UT 1958 Porsche 356A Speedster Bill Bloomer—Tacoma, WA 1966 Lamborghini 400GT 2+2 Kevin and Angie Bradburn—Pleasant Grove, UT 1951 Volkswagen Transporter microbus 1952 Volkswagen Transporter Deluxe microbus William Brooks—Santa Cruz, CA 1973 Jaguar E-type Series III David Bruno—Birmingham, AL 1968 Fiat Dino 2000 Spider Kim & Stephen Bruno—Boca Raton, FL 1966 Bosley Mark II Interstate Bruce Canepa—Scotts Valley, CA 1973 BMW 3.0 CSL Stu Carpenter—Needham, MA 1962 Maserati 5000GT Frua “Aga Khan” Joseph and Margie Cassini—West Orange, NJ 1931 Stutz DV32 Convertible LeBaron Victoria William Chandler Cash—Pebble Beach, CA 1963 Chevrolet Corvette L84 Split-Window coupe Mike Clarke—El Dorado Hills, CA 1974 Iso Lele Todd Coady—Tulsa, OK 1928 Bentley 4½ Litre Paul Colony—Pasadena, CA 1960 Ferrari PF coupe Scott Crater—Sanibel, FL 1973 BMW 3.0 CSL Tancredi D’Amore—Corte Madera, CA 1958 Alfa Romeo Giulietta Spider Veloce Marc Davidian—Carmel-by-the-Sea, CA 1959 Porsche 356A Convertible D Richard DeLuna—Woodside, CA 1925 Bentley Speed Model Red Label Joseph DeMeo—Santa Monica, CA 2010 Bentley Azure T cabriolet Brendan & Rebekah Finn—San Anselmo, CA 1963 VW Transporter Westfalia S033 microbus Barry Fitzgerald—Victoria, AUS 1953 Jaguar XK 120 coupe Richard Gale—Kentfield, CA 1959 Alfa Romeo 101 Series Spyder Brendan Gallaher and Michel Stern—Wilson, WY 1958 Ferrari 250 GT PF Series I cabriolet Dennis and Pamela Glavis—Santa Monica, CA 1930 Morgan Three-Wheeler delivery van James Grundy—Horsham, PA 1926 Bentley Speed Six Dr. Henry M. Haley Jr.—New Orleans, LA 1968 Lamborghini Miura P400 Ron Hein—Santa Barbara, CA 1968 Ferrari 206 GT Dino Joe and Beth Hurwich—Piedmont, CA 1949 Alfa Romeo 1900 CSS November 2019 79 Are you missing from the list? Please contact Susan to let us know: Matthew Ivanhoe—Greenwich, CT 2004 Lamborghini R-GT GT1 Mark Jansen—Hamilton, Queensland, AUS 1971 Monteverdi 375L Bill Johnston—Kalamazoo, MI 1954 Aston Martin DB2/4 1956 Ferrari 250 GT Boano The Hon. Sir Michael Kadoorie—Hong Kong 1934 Hispano-Suiza J12 convertible Bruce Kafenbaum—Great Neck, NY 1989 Porsche 911 Targa Tom and Deb Kazamek—Manhattan Beach, CA 2007 McLaren SLR 722 Edition Tom Krefetz—Oceanside, CA 1961 Jaguar E-type convertible Enrique Landa—Rancho Santa Fe, CA 2008 Bentley Azure Terry and Darlene Larson—Mesa, AZ 1931 Bentley 4 Litre Joel Laub—Las Vegas, NV 1929 Bentley Le Mans John Ridings Lee—Dallas, TX 1932 Ford 3-window coupe Robert J. Lepofsky—Wellesley Hills, MA 1963 Porsche 356 SC Thomas Leverone—Carmel by the Sea, CA 1953 Ariel Red Hunter Catherine and Jay MacKro—San Juan Capistrano, CA 1955 MG TF 1500 Richard and Kristin Markell—Encinitas, CA 1960 Alfa Romeo 2000 Touring Spider Richard F. Mattei—Woodinville, WA 1929 Bentley 4½ Litre David McGirr—Greenwich, CT 1928 Bentley 4½ Litre Vanden Plas tourer Bruce Meyer—Beverly Hills, CA 1965 Alfa Romeo Giulia TZ Peter Mullin—El Segundo, CA 1931 Bugatti Type 49 Don and Carol Murray—Laguna Beach, CA 1956 Bentley S1 Continental coupe Stefano Natoli—San Mateo, CA 1972 Lancia Fulvia Sport 1.3 S Zagato John Nirenstein—Bel Tiburon, CA 2020 Ford GT Mark II John B. Payne—Vancouver, WA 2018 Ferrari 812 Superfast Buddy and Arline Pepp—Beverly Hills, CA 1966 Shelby GT350H The Petersen Museum—Los Angeles, CA 1966 Lego Bat Cycle 1961 Volkswagen Beetle “Herbie” 1989 Batmobile 1981 DeLorean 1964 Ford Custom by Barris 1998 Volkswagen Beetle “Shagmobile” 1999 Mach 5 Prototype 1953 Bosley Mark I Michelle Rand—Estacada, OR 1958 Abarth Allemano 750 Ron Rezek—Ashland, OR 1937 Bentley 4¼ Litre Diego Ribadeneira—Doral, FL 1926 Bentley 3/4½ Litre Speed tourer Chris and Pat Roman—San Francisco, CA 1973 Porsche 911 Carrera RS 2.7 Joseph and Shella Salvo—Newport, CA 1967 Porsche 911S Soft-Window Targa Paul Schaeffer—Solvang, CA 1967 Ferrari 330 GT 2+2 Glenn Shapiro—New York, NY 1986 Lamborghini Countach Richard Shehadey—Fresno, CA 2019 Ford GT Kris Singh—Miami Beach, FL 1994 Bugatti EB110 SS 1993 Bugatti EB110 GT Ted Springstead—Denver, CO 1962 Jaguar E-type Duke Steinemann—Ponte Vedra Beach , FL 1967 Ferrari 275 GTB/4 berlinetta Elton B. Stephens Jr.—Birmingham, AL 1958 Bentley S1 Continental Park Ward coupe Terry and Carrie Sullivan—Los Angeles, CA 1965 Bentley S3 Continental drophead coupe Reid and Liz Vann—Saint Louis, MO 1973 Porsche 911 Carrera RS Lightweight Jon Wactor—Oakland, CA 1961 Porsche 356 Super 90 cabriolet Malcolm Welford—Costa Mesa, CA 1976 Lamborghini Countach LP400 Periscopica

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MONTEREY RECAP CONCORSO ITALIANO Kicking Back and Making Friends Monterey Car Week slows down nicely at this Italian garden party with howling V12s and coachbuilt beauties by Chad Taylor Dave Tomaro Ciardella’s Iso Lele on the show field gone $100k restorations, many Concorso regulars work on their cars in their own garages. Ben Reynolds of Sacramento, CA, is the proud owner of a beautiful white 1969 Alfa Romeo GTV that he restored himself. The GTV’s engine has been upgraded from a 1750 o a 2000, and it now wears Weber carbs. This coupe is now fitted with a dual brake booster. Reynolds’ favorite feature about the GTV is its unique flying-buttress seats. But it is the fulfillment of working on his car — and ONTEREY RECAP CONCORSO ITALIANO Kicking Back and Making Friends Monterey Car Week slows down nicely at this Italian garden party with howling V12s and coachbuilt beauties by Chad Taylor Dave Tomaro Ciardella’s Iso Lele on the show field gone $100k restorations, many Concorso regulars work on their cars in their own garages. Ben Reynolds of Sacramento, CA, is the proud owner of a beautiful white 1969 Alfa Romeo GTV that he restored himself. The GTV’s engine has been upgraded from a 1750 o a 2000, and it now wears Weber carbs. This coupe is now fitted with a dual brake booster. Reynolds’ favorite feature about the GTV is its unique flying-buttress seats. But it is the fulfillment of working on his car — and M M Details Plan ahead: The 35th Concorso Italiano is scheduled for August 15, 2020 Where: The Bayonet and Black Horse Golf Course, 1 McClure Way, Seaside, CA 93955 Cost: $190. The CI Club package, which includes a Friday reception, breakfast, the famous Concorso Italiano Lunch, snacks and choice wines, is $510 Web: 80 onterey Car Week is chaos, plain and simple. There are at least five events happening at the same time every hour of every day. The only time you’re not engulfed in a car-event commotion is when you’re mired in the endless traffic on the Peninsula. The payoff for the lack of sleep and sore muscles? Fun events like Concorso Italiano. Amore per l’Italia Now in year 34, Concorso always eases into a relaxed and carefree atmosphere. Spectators and participants are there to see curvaceous Italian cars, catch up with friends and enjoy some food and wine. Everyone forgets about gotta-see-this fatigue for a few hours. Instead, they share their experiences with the Alfa, Fiat or Lancia they cherish. One such participant was Ron Ciardella of Maricopa, AZ. Ciardella was showing off his 1970 Iso Lele. He’s a longtime Iso devotee, and the Lele is the 16th Iso Ciardella has owned — and one of the two Leles currently in his garage. The Chevrolet 350-ci powered Iso features a rare electric sunroof and a 5-speed ZF manual transmission. There is not a detail on this car that Ciardella hasn’t inspected. If you have a question about these unique Italian-American beauties, he has the answers. Hard work makes the reward sweeter Speaking with insightful owners who know their car inside and out is a common occurrence on the Concorso show field. Unlike venues packed with cars that have under- Chad Taylor Ben Reynolds checks the engine of the 1969 Alfa Romeo GTV he restored Sports Car Market he reward of driving on curvy roads — that means the most. After the final award has been given out and you are walking back to your parked car, it is the laid-back feeling and friendly conversations with people like Ron and Ben that stick in your mind. You enter the dew-covered golf course early in the day — full of excitement. You also need to slow things down — and see some fast Italian cars. You leave with new friends, new information and a renewed vigor for Italy’s finest automobiles. Tiredness fades and sore muscles heal, but the fond memories made at Concorso Italiano will remain. ♦ Dave Tomaro

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SCMers at Concorso Italiano David Atcherley—Clarks Summit, PA 1974 Ferrari 308 Michelotto Stephen Bailey—Altadena, CA 1975 Ferrari 308 GT4 Dino Michael Baum—Los Angeles, CA 1972 Alfa Romeo 1600 Junior Z 1964 Alfa Romeo Giulia TI James Bonney—Carmichael, CA 1970 Alfa Romeo 1300 Junior Z 1972 Ferrari 365 GTC/4 Scott Brown—Newport Beach, CA 2008 Ferrari 612 Scaglietti Redgee Capili—Morgan Hill, CA 1992 Ferrari 512 TR Redgee Capili—Morgan Hill, CA 1967 OSI 20M TS Glenn Cardoso—Santa Monica, CA 1973 Ferrari 246 GTS Dino Tim Carrico—Newcastle, CA 1986 Alfa Romeo GTV6 David Cave—Napa, CA 1995 Ferrari F355 GTS Ron and Lisa Ciardella—Maricopa, AZ 1972 Iso Lele William Clark—Salinas, CA 1967 Alfa Romeo Giulia Sprint GT Veloce Mike Clarke—El Dorado Hills, CA 1974 Iso Lele Kevin Cogan—Louisville, KY 1961 Ferrari 400 Superamerica Christopher Coyle—Walnut Creek, CA 1982 Rolls-Royce Corniche Tancredi D’Amore—Corte Madera, CA 1958 Alfa Romeo Giulietta Spider Veloce Bill DeGolia—Alameda, CA 1965 Alfa Romeo Giulia Spider Kurt Delimon—San Jose, CA 1969 Alfa Romeo 1750 GTV Michael Devereaux—El Dorado Hills, CA 1991 Alfa Romeo 164S 1970 Porsche 914 Arthur Dhallin—Turlock, CA 1973 Porsche 911E Lance Dublin—San Francisco, CA 2004 Ferrari 360 Modena Spider Russell Duncanson—Oakhurst, CA 2011 Maserati Gran Turismo cabriolet Steve Fields—Carmel, CA 1967 Alfa Romeo GT 1300 Junior 1960 Porsche 356B coupe Vince Finaldi—Ladera Ranch, CA 1970 Lamborghini Miura P400S Michael Foertsch—Houston, TX 1974 Ferrari 365 GT4 BB Thomas Galli—Chester, NY 1969 DeTomaso Mangusta Ross Garber—Austin, TX 1965 Lamborghini 350GT Mark Garwood—San Francisco, CA 1979 Ferrari 308 GTS John Giordanengo—Chico, CA 1982 Porsche 928 Weissach Scott Gordon—San Francisco, CA 1957 Mercedes-Benz 220S cabriolet Roger Groves—Monarch Beach, CA 1962 Triumph Italia John Hafkenschiel—Sacramento, CA 1976 Fiat X1/9 Henry Haley—New Orleans, LA 1968 Lamborghini Miura Jerry Hamen—Chicago, IL 1962 Alfa Romeo Giulietta Spider Veloce Craig Hansen—Grimes, IA 1972 Ferrari 246 GTS Dino Charlie Hanson—Monterey, CA 1965 Alfa Romeo 2600 Spider Harry Hart—Indian Wells, CA 2016 Maserati Ghibli S Hutson Hart—Petaluma, CA 1972 Alfa Romeo GT Veloce Val Herrera—Doubleoak, TX 1971 Alfa Romeo 1300 Junior Z Hoffman Hibbett—San Jose, CA 1963 Ferrari 250 GT/L Lusso Ted Hirth—Laguna Niguel, CA 1964 Iso Rivolta GT Terry Houlihan—San Francisco, CA 2015 Ferrari 458 Speciale Aperta 2019 Porsche Panamera 4 Joseph Hurwich—Piedmont, CA 1949 Alfa Romeo 6C 2500 Frederick Johansen—Woodside, CA 1975 Fiat 124 Spider Dennis Kellogg—Sandia Park, NM 1969 Alfa Romeo 1750 Spider Myles Kitchen—Aptos, CA 1995 Ferrari F355 GTS Gary Kuntz—Danville, CA 1999 Ferrari 550 Maranello Eric Lane—Atherton, CA 1998 Ferrari F355 Spider Richard Lane—Scotts Valley, CA 1961 Alfa Romeo Giulietta SS 2008 Ferrari 599 GTB Bradley Lano—Lake Havasu City, AZ 2012 Ferrari 458 Italia Greg Lazzerini—Chualar, CA 1972 DeTomaso Pantera Roland LeVeque—Moorpark, CA 1971 Ferrari 365 GTB/4 Daytona Jim Liberty—Newport Beach, CA 1959 Fiat-Abarth 750 GT Stephan Lucanic—Santa Rosa, CA 1993 Cadillac Allante Frank Lucca—Yorba Linda, CA 2010 Volvo V70R Daniel McCallum—Vancouver, BC, CAN 1976 Lamborghini Urraco Bert Meli—Lomita, CA 2003 Lamborghini Murcielago Bruce Miller—Alamo, CA 1973 Ferrari 246 GT Dino David C. Nelson—Akron, OH 2019 Ferrari GTC4 Lusso Ed Nelson—Novato, CA 1959 Fiat-Abarth Zagato Double Bubble Rex Nguyen—Marina Del Ray, CA 1968 Ferrari 206 GT Dino 1958 Ferrari 250 Testa Rossa Are you missing from the list? Please contact Susan to let us know: Edward O’Sullivan—Jupiter, FL 1964 Porsche 356 SC Robert Ochi—Granite Bay, CA 1986 Ferrari 328 GTS Alexander Penrith—Ojai, CA 2016 Porsche GT4 Guido Peruzzi—San Jose, CA 1963 Alfa Romeo Giulia Spider Don Peterson—Carson City, NV 1960 Alfa Romeo 2000 Michael Ponte—San Ramon, CA 2004 Ferrari 360 Modena Steve Rossi—El Granada, CA 1976 Lamborghini Countach Neal Ryan—Smithtown, NY 1971 Fiat 124 coupe Thomas Shaughnessy—Oceanside, CA 1969 Abarth Sports Racer SE010 Gen Shibayama—San Francisco, CA 1975 Ferrari 365 GT4 BB 1973 Porsche 911 Carrera RS Anne Steele—San Bruno, CA 1975 Ferrari 308 GT4 Dino Walter Stevens—San Diego, CA 2014 Lamborghini Gallardo Lance Sweeney—Murrieta, CA 1959 Alfa Romeo Giulietta Sprint Albert Tejidor—Dana Point, CA 2016 Ferrari 488 GTB James Treadwell—Carmichael, CA 1991 Alfa Romeo 164S Pete Vasquez—Salinas, CA 1973 Alfa Romeo Berlina Joe Ventura—San Diego, CA 1962 Alfa Romeo Giulietta Spider 1992 BMW M5 Jonathan Venverloh—Atherton, CA 1971 Ferrari 365 GTB/4 Daytona Phil White—Portola Valley, CA 1952 OSCA MT4 John Zihla—Carlsbad, CA 1979 Ferrari 512 BB SCM handed out two awards for Alfa Romeos: Best in Class—Junior Zagato went to the blue 1972 Junior Z of Mike Baum and Bronson Page of Los Angeles, CA (left), and Best in Class—Giulietta and Giulia Spiders was awarded to the 1962 Giulietta Spider of Jerry Hamen of Chicago, IL November 2019 81 Dave Tomaro

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MONTEREY RECAP PEBBLE BEACH CONCOURS D’ELEGANCE Bentleys and Hot Rods on the Fairway Sir Michael Kadoorie’s 1931 Bentley 8 Litre Gurney Nutting Sports Tourer takes Best of Show at the best concours by Carl Bomstead Best of Show — Sir Michael Kadoorie’s 1931 Bentley 8 Litre Gurney Nutting Sports Tourer T he Pebble Beach Concours d’Elegance stands at the pinnacle of automotive events for three reasons: It is at an unparalleled venue, the automobiles are the finest in the world and the event adapts to current automotive trends. This Pebble Beach Concours d’Elegance was on August 18, but two tours — the Motoring Classic from Seattle and the Tour d’Elegance — precede the actual event, taking place on the Thursday prior to the concours. Most concours entrants participate, as completing the Tour d’Elegance earns a green ribbon, which will be the deciding factor in case of a tie in concours judging. The cars participating traveled to Big Sur and back to Carmel-by-the-Sea, where they were displayed on Ocean Avenue. The route was lined with people enjoying the cars in their natural state — on the road. 100 years of Bentley This year one of the featured classes was “One Hundred Years of Coachwork Bentleys” and about 60 in total were presented in six classes. They ranged from a 3 Litre — the first car that W.O. Bentley sold to a customer and likely the oldest Bentley in existence — to an exciting 1966 Continental convertible with coachwork by Graber. In 1997, Pebble Beach presented a class of historic hot rods, and some purists were appalled. Regardless, the class was an overwhelming success and has been repeated on alternate years ever since. The objective of many early hot-rodders was to build a machine that would grace the cover of one of the period rodding magazines. This year’s Historic Hot Rod class featured eight that made it. They included the “Tweety Bird” Roadster that was on the cover of Rodding and Restyling in August 1959, Bruce Meyers’ “The Nickel Car,” which was a cover subject for Rod and Custom, and the Ed Roth roadster “The Outlaw” from the January 1960 issue of Car Craft. The 1922 Ford “Kookie Kar” from Ross and Beth Myers’ collection was the class winner. Five Thomas Flyers were in their own class. The E.R. Thomas Motor Company did not produce many cars, but they certainly made their mark on automotive history. The cars presented were from prominent collec- 82 Details Plan ahead: The next Pebble Beach Concours d’Elegance is scheduled for August 16, 2020 Where: Pebble Beach Golf Links, 1700 17-mile Drive, Pebble Beach, CA, 93953 Number of entries: 200 Admission: $375 Web: tions throughout the world, and the 1910 “Big Blue” Tourabout came from the famed Louwman Collection at The Hague. The most famous Thomas Flyer is the 1907 35 that won the New York-to-Paris race. It was presented by the National Automobile Museum in Reno, NV. The class was not judged, but the five cars were certainly enjoyed. The Post-War Touring class had some very excit- ing entries. The 1957 Chrysler Special Coupe with coachwork by Boano took your breath away. The 1954 Ford Comète Monte Carlo Facel Metallon, which was the most expensive Ford offered in Europe, was an eyecatcher. The 1960 Alfa Romeo 6C 2500 Ghia Supergioiello coupe from the garage of Jonathan and Wendy Segal of San Diego won the class. Best of Show The Best of Show was selected from a group of four finalists. They included a 1962 Aston Martin with Zagato coachwork, a 1936 Mercedes-Benz 540K by Erdmann & Rossi, a 1938 Talbot-Lago T150C by Figoni et Falaschi — and the winning 1931 Bentley 8 Litre Gurney Nutting Sports Tourer owned by Sir Michael Kadoorie of Hong Kong. This was a most fitting selection, as it was a beautiful car and it was the century year for Bentley. The Pebble Beach Concours d’Elegance certainly makes a difference in the local community, as over $27 million has been raised for local charities since the concours was founded in 1950. This year alone over $2 million was donated to 80 local organizations. The concours does make a difference. Next year’s event is on August 16, which is only 348 days away — but who’s counting? ♦ Sports Car Market

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Award-Winning SCMers at Pebble Beach Academy of Art University—San Francisco, CA 1933 Packard 1006 Twelve Dietrich Stationary coupe Class C-2: American Classic Closed, first George and Sibet Alspaugh—San Diego, CA 1947 Alfa Romeo 6C 2500 SS Touring coupe Class J-2: European Classic Closed, third Lawrence Auriana—Greenwich, CT 1932 Maserati V4 Zagato Spider Briggs Cunningham Trophy Class P-1: Zagato Centennial Pre-War, first Lord Bamford—U.K. 1937 Rolls-Royce Phantom III Inskip Special Henley coupe Lucius Beebe Trophy Class H: Rolls-Royce Pre-War, first Stanley and Merle Bauer—Beverly Hills, CA 1925 Lancia Lambda 5th Series Torpedo Charles A. Chayne Trophy Kim and Stephen Bruno—Boca Raton, FL 1957 Chrysler 300B Boano Speciale coupe Class O-2: Post-War Touring, second Miles Collier Collections at Revs Institute—Naples, FL 1919 Ballot Indianapolis racer Tony Hulman Trophy David and Teresa Disiere—South Lake, TX 1932 Chrysler CH Imperial coupe Class C-2: American Classic Closed, second Jonathan Feiber & Heather Buhr—Atherton, CA 1931 Alfa Romeo 8C 2300 Zagato Spider Gran Turismo Trophy Jeffrey and Frances Fisher—Palm Beach, FL 1939 Bugatti Type 57C Gangloff Stelvio Class K-1: Bugatti Type 57, third Linda and Paul Gould—Pawling, NY 1931 Alfa Romeo 6C 1750 Gran Sport Zagato Spider Class P-1: Zagato Centennial Pre-War, third William & Kathy Heinecke—Bangkok, THA 1936 Bentley 4¼ Litre James Young drophead coupe Class F-5: Bentley Centennial Derby, second Lee and Joan Herrington/The Herrington Collection—Bow, NH 1960 Ferrari 250 GT Scaglietti California Spyder Class M-1: Ferrari Grand Touring, first The Hon. Sir Michael Kadoorie—Hong Kong 1931 Bentley 8 Litre Gurney Nutting Sports tourer Best of Show Class F-4: Bentley Centennial 8 Litre, first Richard and Melanie Lundquist—Palos Verdes Estates, CA 1938 Talbot-Lago T150C SS Figoni et Falaschi Teardrop cabriolet Best of Show Nominee Gwenn Graham Most Elegant Convertible Class J-1: European Classic Open, first William Lyon Family—Newport Beach, CA 1931 Duesenberg J LeBaron Special phaeton Class G: Duesenberg, third David F. MacNeil—Fort Lauderdale, FL 1962 Aston Martin DB4GT Zagato coupe Best of Show Nominee The Vitesse — Elegance Trophy Class P-2: Zagato Centennial Post-War, first Bruce Meyer—Beverly Hills, CA 1932 Ford Bob Morris roadster Dean Batchelor Trophy Class R: Historic Hot Rod Cover Cars, third Marshall Miller—Kansas City, MO 1941 Lincoln Continental Brunn Town Car Lincoln Trophy Merle and Peter Mullin—Los Angeles, CA 1937 Delahaye 145 Chapron coupe Class J-2: European Classic Closed, first 1939 Bugatti Type 57C Gangloff Aravis Class K-1: Bugatti Type 57, second Charles and Karen Nearburg—Dallas, TX 1929 Hispano-Suiza H6C Saoutchik cabriolet Alec Ulmann Trophy Class J-1: European Classic Open, third Patrick and Carolyn Ottis—Berkeley, CA 1955 Ferrari 750 Monza Scaglietti Spyder Class M-2: Ferrari Competition, first Jim Patterson/The Patterson Collection—Louisville, KY 1960 Ferrari 400 Superamerica PF Aerodynamica Series I coupe Class M-1: Ferrari Grand Touring, second Stephen Plaster—Lebanon, MO 1913 Rolls-Royce Silver Ghost Reuters London to Edinburgh tourer Class A-2: European Antique, second Nick and Shelley Schorsch—Newport, RI 1927 Minerva Type AF LeBaron Sport sedan Class J-2: European Classic Closed, second Jonathan & Wendy Segal—San Diego, CA 1950 Alfa Romeo 6C 2500 Ghia Supergioiello coupe J. B. & Dorothy Nethercutt Most Elegant Closed Car Class O-2: Post-War Touring, first William and Christopher Sharples—New York, NY 1965 Aston Martin DB5 Vantage coupe FIVA Postwar Trophy Class L-2: Post-War Preservation, first Jon and Kim Shirley—Medina, WA 1968 Lamborghini Miura Bertone coupe Class N: Lamborghini Miura, second David and Ginny Sydorick—Beverly Hills, CA 1956 Ferrari 250 GT Zagato Berlinetta Speciale Strother MacMinn Most Elegant Sports Car Class P-2: Zagato Centennial Post-War, second Charles Ungurean—Coshocton, OH 1929 Duesenberg J Murphy Torpedo convertible coupe Class G: Duesenberg, second Are you missing from the list? Please contact Susan to let us know: Ross Myer with his 1922 Ford “Kookie Kar,” winner of the Historic Hot Rod Cover Cars Class November 2019 The Ed Roth roadster “The Outlaw” from the January 1960 issue of Car Craft 83 Dave Tomaro Jim Pickering

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MONTEREY RECAP THE NUMBERS Monterey’s Top 100 This year, 789 of 1,300 cars/motorcycles changed hands on the Monterey Peninsula for $254,483,185, with an average price per vehicle of $322,539 Rank Sold Price 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 (Tie) 22 23 (Tie) 25 26 27 28 29 30 31 32 33 34 35 36 (Tie) 38 39 40 41 42 43 44 45 (Tie) 47 48 (Tie) 50 84 Model $19,805,000 1994 McLaren F1 LM coupe $9,905,000 1958 Ferrari 250 GT LWB California Spyder $8,145,000 1962 Ferrari 250 GT SWB coupe $7,650,000 1965 Ford GT40 prototype roadster $6,800,000 1958 Ferrari 250 GT Series I PF cabriolet $6,385,000 1965 Aston Martin DB5 “James Bond” coupe $6,000,000 1975 Ferrari 312T ex-Niki Lauda racer $5,120,000 1960 Porsche RS 60 Werks Spyder $5,100,000 1958 Ferrari 250 GT Tour de France coupe $3,635,000 1951 Ferrari 340 America Speciale Vignale coupe $3,600,000 1961 Aston Martin DB4GT coupe $3,525,000 2006 Ferrari FXX coupe $3,000,000 1995 Ferrari F50 convertible $2,947,500 2014 Ferrari LaFerrari coupe $2,755,000 1939 Alfa Romeo Tipo 256 Touring coupe $2,750,000 1967 Ferrari 275 GTB/4 coupe $2,645,000 1913 Isotta Fraschini Tipo IM racer $2,640,000 2014 Ferrari LaFerrari coupe $2,205,000 1969 Ferrari 365 GTS Spider $2,040,000 2014 Pagani Huayra Tempesta Scozia coupe $2,040,000 1930 Duesenberg Model J Sport Berline $1,985,000 1966 Ferrari 275 GTB long-nose coupe $1,765,000 1965 Aston Martin DB5 Shooting Brake $1,765,000 1967 Ferrari 330 GTS Spider $1,710,000 1993 Porsche 911 Carrera RS 3.8 coupe $1,682,500 1991 Ferrari F40 coupe $1,625,000 1953 Fiat 8V Supersonic coupe $1,600,000 1952 Ferrari 212 Inter Vignale coupe $1,572,500 1965 Ferrari 275 GTB coupe $1,550,000 1931 Bentley 4½ Litre Supercharged Le Mans tourer $1,517,500 1961 Ferrari 250 GT PF Series II cabriolet $1,435,000 1955 Mercedes-Benz 300SL Gullwing $1,430,000 2015 Porsche 918 Weissach Spyder $1,380,000 1965 Shelby Cobra 427 roadster $1,352,500 1955 Mercedes-Benz 300SL Gullwing $1,325,000 1963 Aston Martin DB5 convertible $1,325,000 1936 Bugatti Type 57 Atalante coupe $1,297,500 1941 Mercedes-Benz 540K Sindelfingen Cabriolet A $1,242,500 2017 Ford GT coupe $1,226,000 1959 Bentley S1 Continental drophead coupe $1,210,000 1955 Mercedes-Benz 300SL Gullwing $1,193,000 2005 Porsche Carrera GT convertible $1,187,500 1977 Porsche 934/5 racer $1,160,000 1927 Bentley 6½ Litre Le Mans Vanden Plas tourer $1,105,000 1955 Lincoln Indianapolis Exclusive Study coupe $1,105,000 1931 Studebaker Special Indy racer $1,100,000 1966 Ferrari 275 GTS Spyder $1,050,000 2017 Ford GT 66 Heritage Edition coupe $1,050,000 2008 Bugatti Veyron 16.4 coupe $1,045,000 1965 Shelby Cobra 289 roadster Auction & Lot RMS, #261 G&C, #44 RMS, #337 RMS, #252 G&C, #145 RMS, #111 G&C, #31 RMS, #348 G&C, #17 Bon, #152 G&C, #33 RMS, #322 RMS, #315 RMS, #324 G&C, #120 Mec, #F119 G&C, #26 Mec, #S102 RMS, #249 RMS, #359 G&C, #35 RMS, #254 RMS, #108 G&C, #160 G&C, #46 RMS, #318 Bon, #128 G&C, #151 G&C, #157 Bon, #44 RMS, #334 G&C, #141 Mec, #F91.1 Bon, #131 Bon, #124 RMS, #126 G&C, #13 G&C, #163 RMS, #314 RMS, #222 R&S, #8150 RMS, #247 G&C, #39 RMS, #338 RMS, #351 G&C, #115 Mec, #F122 Bon, #118 RMS, #236 Mec, #F139 Rank Sold Price 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 (Tie) 69 70 (Tie) 72 (Tie) (Tie) 75 76 77 78 (Tie) 80 (Tie) 82 (Tie) 84 85 86 (Tie) 88 89 90 (Tie) 92 93 (Tie) 95 96 97 (Tie) 99 (Tie) Model $995,000 1969 Ferrari 365 GTB/4 Daytona coupe $962,500 1965 Shelby Cobra 289 roadster $962,000 2017 Ferrari F12tdf coupe $940,000 1911 Rolls-Royce 40/50hp Silver Ghost limousine $935,000 1958 Mercedes-Benz 300SL Roadster $912,500 1967 Porsche 911S Rally coupe $907,000 2017 Ferrari F12tdf coupe $874,000 1930 Bentley 6½ Litre Speed Six Le Mans replica tourer $857,500 1991 Porsche 911 Singer custom coupe $852,000 1969 Ferrari 365 GTC coupe $830,000 1925 Renault 40CV Labourdette Torpédo Skiff $825,000 1965 Aston Martin DB5 coupe $786,000 1938 Bugatti Type 57C Stelvio Gangloff cabriolet $742,500 1935 Auburn 851 SC Boattail Speedster $736,500 1998 RUF CTR2 Sport coupe $731,000 1978 BMW 320i Turbo IMSA racer $720,000 2005 Porsche Carrera GT convertible $720,000 1954 Aston Martin DB2/4 drophead coupe $715,000 1973 Ferrari 365 GTB/4 Daytona coupe $665,000 2011 Porsche 911 GT3 RS 4.0 coupe $665,000 1914 Rolls-Royce 40/50hp Silver Ghost Landaulette $643,000 1962 Aston Martin DB4 Vantage Series V coupe $643,000 1964 Aston Martin DB5 coupe $643,000 2005 Saleen S7 Twin-Turbo coupe $637,500 1964 Aston Martin DB5 coupe $626,500 1961 Jaguar E-type Series I 3.8 flat-floor coupe $621,000 1960 Aston Martin DB4 Series I coupe $610,000 1965 Lamborghini 350GT coupe $610,000 1962 Porsche 356B Super 90 twin-grille T6 roadster $588,000 1968 Ferrari 365 GTC coupe $588,000 1963 Chevrolet Corvette 327/360 FI Z06 Big-Tank Split-Window coupe $577,000 1961 Aston Martin DB4 Series II coupe $577,000 1972 Ferrari 365 GTB/4 Daytona coupe $550,000 1948 Delahaye 135 MS Faget & Varnet cabriolet $533,000 1961 Maserati 5000 GT project Ghia coupe $522,000 1960 Aston Martin DB4 Series I coupe $522,000 1956 Ferrari 250 GT Boano coupe $495,000 1933 Stutz DV-32 dual-cowl phaeton $483,500 1972 Ferrari 246 GT Dino chairs and flares coupe $478,000 1934 Duesenberg Model J Torpedo phaeton $478,000 1966 Jaguar XJ13 Tempero replica roadster $467,000 2007 Mercedes-Benz SLR McLaren 722 Edition coupe $456,000 1991 Porsche 911 Carrera 4 Leichtbau coupe $456,000 2017 Ferrari F12 Berlinetta 70th Anniversary coupe $450,500 1966 Ferrari 330 GTC coupe $445,000 1968 McLaren M6B Can-Am racer $440,000 2017 Ferrari F12 Berlinetta 70th Anniversary coupe $440,000 1997 G-Force GF01 ex-Arie Luyendyk Indy racer $434,000 1969 Aston Martin DB6 Vantage Mk II coupe $434,000 1947 Delahaye 135 M Chapron cabriolet Auction & Lot G&C, #148 R&S, #8120 RMS, #271 G&C, #126 R&S, #8019 RMS, #373 Bon, #192 Bon, #57 G&C, #14 G&C, #128 G&C, #138 Bon, #151 G&C, #129 Mec, #S131 RMS, #225 RMS, #217 RMS, #339 G&C, #158 Mec, #S113 RMS, #325 RMS, #248 Bon, #161 RMS, #120 RMS, #235 G&C, #143 G&C, #27 RMS, #128 G&C, #6 G&C, #10 RMS, #312 G&C, #48 RMS, #132 RMS, #243 G&C, #147 RMS, #342 G&C, #113 G&C, #59 Mec, #S126 RMS, #326 Bon, #189 RMS, #229 RMS, #224 RMS, #336 G&C, #165 Bon, #26 Bon, #223 Mec, #S180 Mec, #F128 RMS, #106 RMS, #349 Sports Car Market

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PROFILES IN THIS ISSUE Significant Sales That Provide a Snapshot of the Market FERRARI: 1958 Ferrari 250 GT TdF Berlinetta by Scaglietti, p. 88 ENGLISH: 1965 Aston Martin DB5 Bond Movie Promo Car, p. 90 ETCETERINI: 1953 Fiat 8V Supersonic by Ghia, p. 92 GERMAN: 1967 Porsche 911S Sport Kit/Rally Kit, p. 94 AMERICAN: 1965 Ford GT40 Roadster Prototype, p. 96 RACE: 1975 Ferrari 312T Niki Lauda, p. 100 NEXT GEN: 1971 Datsun 240Z, p. 104 86 Sports Car Market

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1965 Ford GT40 roadster prototype Robin Adams ©2019, courtesy of RM Sotheby’s November 2019 87

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Ferrari Profile Brian Henniker, courtesy of Gooding & Co. 1958 Ferrari 250 GT TdF Berlinetta by Scaglietti This blue-chip car rolled into a market flooded with cars and auctions by Steve Ahlgrim Chassis number: 0903GT Engine number: 0903GT SCM Condition for this car: 1- record, paving the way for future competition berlinettas such as the 250 GT SWB, the 250 GTO, and the 275 GTB/C. The Tour de France presented here is the fourth example of the 36 O built in the single-louver style and one of even fewer fashioned with the elegant covered-headlight treatment. This TdF was equipped with a competition-prepared engine. Today the coachwork is finished in a period-correct paint scheme — silver gray accented by a vivid red stripe. The interior was trimmed in handsome gray leather with matching carpets. The engine was rebuilt and then tested and tuned on the dyno. This car earned a second in class at the 2012 Pebble Beach Concours d’Elegance. During an impressive winning streak, the car received a Platinum Award at the Cavallino Classic, First in Class at Amelia Island, the Speed and Style Award at Villa d’Este, and Best Race Car at the FCA National Meet. It was also the subject of a Cavallino magazine feature article by historian Alan Boe. Chassis 0903GT has been granted a FIVA Passport and was certi- fied by the Ferrari Classiche Department, attesting it retains its major components. It is further supported by factory build sheets, magazine articles, research notes, restoration records and Massini report. SCM Analysis This car, Lot 17, sold for $5,100,000, buyer’s commission, 88 including at Gooding & Company’s Pebble Beach Auction on August 16, 2019. Excluding Formula One models, Ferrari production can be catego- Sports Car Market ver the past six decades, the 250 GT Tour de France has become one of the most sought after and collectible of the classic Ferraris. Marrying advanced engineering with magnificent aesthetics, the TdF achieved a fantastic racing rized into production cars and competition cars. Up to chassis number 75,000, production cars are assigned odd- number chassis numbers while competition models are given an even chassis number. After chassis 75,000, odd and even numbers were used for both production and competition cars. The division between production models and competition models can be pretty muddy. Competition models generally can be divided into Sports Competition, such as a 250 Testarossa, or Sports Prototype, such as a 330 P3. Production models can be divided into production cars, such as a 275 GTB, or GT Competition cars, such as a 250 GTO. The 250 GT Tour de France falls into the latter category. A new GT racing class Following the deadly disaster at the 1955 24 hours of Le Mans, the

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racing sanctioning body, FIA, introduced a new racing class called GT. The class was intended for smallproduction Gran Turismo or Grand Touring cars built to be sold to the public for racing and road use. There were several classes of GT cars, with the 3-liter class being the premier class. The GT class was part of an international series of point races. One of the races was the Tour de France. A grueling multi-day 6,000-plus-kilometer race (3,728-plus miles), the Tour de France challenged competitors to participate in hillclimbs and road-course races while they rallied throughout France. Introduced in 1956 to participate in the 3-liter GT class, the 250 GT Tour de France was originally known only as a 250 GT. The organizers of the Tour de France allowed the manufacturer of the winning car to call the specific model a Tour de France. Marquis Alfonso de Portago’s 1956 overall win in a 250 GT berlinetta allowed the model to use the TdF name. Overall wins during the next three years cemented the title to the model. 250 GT Ferraris would go on to be the overall winners of every Tour de France from 1956 to 1964. Many variations Not all Ferrari 250 GT Tour de France cars are the same. While it’s commonly known that the 14-louver examples are highly desirable, there can be other significant differences from car to car. Some TdFs were delivered stripped and ready to race. Others were delivered with full carpet and prepared for a life as a sporty driver. Engines came in different states of tune. Body styles could be significantly different, including examples with open headlamps, covered headlamps and Plexiglas headlamp shields. Our subject TdF Chassis 0903GT is an early example featuring cov- ered headlamps and a single louver in the sail panel. The combination hovers near the middle of the TdF desirability chart. It was delivered new to a Swedish racer who hardly raced the car. A DNF at the 1958 12 Hours of Reims is its major ac- colade. That’s a value ding for a model known for its racing prowess. Prior to its 10th birthday, 0903GT ended up on its roof during a road accident. It was repaired and returned to service. While the model is known for being stout, 0903GT is reported to have had some frustrating engine issues along the way. At one time, it was disassembled and stored in boxes for three decades. Once the boxes were recovered, the car received a top-quality restoration at a European restorer. In 2010, American Peter McCoy acquired the car. McCoy is a fellow IAC/PFA judge and a veteran of the concours scene. He sent the car to Motion Products for an update of the prior restoration, and $675,000 later it was ready for Pebble Beach. Slipping in the market When a car is auctioned, bidders determine its value right then and there. It takes two bidders to make a successful auction, and the more bidders, the better the results. If the second bidder drops out at a low price, the lot may be doomed. However, if two bidders are determined to buy the same lot, auction magic happens. Gooding & Company has a world-class clientele. November 2019 They have auction records in several categories. Their Pebble Beach Auction is one of the most respected in the genre. There are always large crowds and lots of money in the room. Few venues can match Gooding Pebble Beach for results. Dual-purpose Ferrari 250 GT berlinettas are some of the most valuable cars ever produced, with a 250 GTO sale being the highest known auction sale of any automobile. However, lately prices have been slipping. The high-water mark for a 250 TdF was a $13.2 million sale in 2015. That was the actual Marquis de Portago 1956 Tour de France-winning car that the series was named for. Subsequent auction sales are sparse, with one selling at $8.8 million in 2013 and another at $9.5 million in 2014. A year ago, a TdF sold for $6.6 million. Early this year, one sold for $5.9 million. Too many auctions, too many cars Gooding’s estimate for 0903GT was a tight $5.5 mil- lion to $6 million. The sale missed the lower estimate, but ultimately the car sold. This was a tough year at Monterey. Several big cars went home unsold. Others — like 0903GT — sold under the estimate. Car collecting is a supply-and-demand business. A proliferation of auctions has brought a barrage of offerings to the market. The onslaught is desensitizing buyers and fostering apathy. A retreat in prices and the sting of losses taken by resellers of recent purchases has taken some of the fun out of collector-car speculating. Collector-car bidders are starting to watch from the sideline and the gains of recent years are becoming a thing of the past. It may take the demise of an auction house or two before the market stabilizes. ♦ (Introductory description courtesy of Gooding & Company.) Steve Ahlgrim wrote his first story for SCM in 2002, and he’s been our Ferrari Guy for years. $10,000,000 $8,000,000 $8,118,993 $6,000,000 $4,000,000 $2,000,000 $0 $5,720,000 High Auction Sales for the Past Five Years 1958 Ferrari 250 GT Tour de France $7,667,319 $6,600,000 This sale: $5,100,000 1957 Ferrari 250 GT TdF coupe Lot 167, s/n 0879GT Condition 2- Not sold at $7,399,080 RM Sotheby’s, Monte Carlo, MCO, 5/12/18 2014 2015 2016 N/A 2017 SCM# 6869883 2018 89 1958 Ferrari 250 GT TdF coupe Lot 28, s/n 1037GT Condition 2+ Sold at $5,890,000 Gooding & Co., Scottsdale, AZ, 1/18/19 SCM# 6888624 Details Years produced: 1956–59 Number produced: 77 or 78, depending on the source Original list price: $12,000 Current SCM Median Valuation: $8,204,000 Tune-up cost: $3,000 Distributor caps: $450 Chassis # location: Left frame member by steering box Engine # location: Right rear motor mount Club: Ferrari Club of America Web: Alternatives: 1958 Mercedes-Benz 300SL, 1958 Ferrari California Spyder, 1960–63 Aston Martin DB4GT Zagato SCM Investment Grade: A Comps 1958 Ferrari 250 GT TdF coupe Lot 53, s/n 0905GT Condition 1- Sold at $6,600,000 Gooding & Co., Pebble Beach, CA, 8/24/18 SCM# 6877161

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English Profile Simon Clay ©2019, courtesy of RM Sotheby’s 1965 Aston Martin DB5 Bond Movie Promo Car This Bond car never appeared on screen. Did the buyer overpay? by Paul Hardiman Chassis number: DB52008R Engine number: 4001995 SCM Condition for this car: 1- T he third of just four “Goldfinger” DB5 examples built, this Aston Martin is a fabulously rare example of what author Dave Worrall termed “The Most Famous Car in the World,” as he titled his 1993 book on the subject. Quite simply the most iconic car of all time, DB52008R is the most legendary Aston Martin ever built, as one of the cornerstones of a marketing relationship that exists to this day. It would crown any important collection and offers a highly desirable acquisition for the serious marque collector… or secret agent. SCM Analysis This car, Lot 111, sold for $6,385,000, including buyer’s premium, at RM Sotheby’s “An Evening with Aston Martin” in Monterey, CA, on August 15, 2019. Let’s get one thing out of the way — this is not a true Bond movie car. Yes, it was part of the razzmatazz surrounding the U.S. opening of “Thunderball” in 1965, but it never appeared in any of the James Bond films — unlike the last genuine film-star example that RM sold in London in 2010 for $4.6 million. This is a movie promo car, nothing more, nothing less. Well, actually… it is a bit more these days. Bond history — and gadgets During its extensive restoration at Roos in Switzerland, all the special-effects gadgets as seen on the original film car (which, ironically, was stripped of them afterwards) were made to work. The gizmos include front and rear hydraulic overrider rams on the bumpers, Browning .30-caliber machine gun concealed in each front wing (fender), wheel spinners as tire slashers, a retractable bulletproof screen at the rear, an in-dash radar-tracking scope, oil-slick and smoke-screen dispensers, revolving license plates and an ejecting passenger’s seat. 90 Sports Car Market Although they were never seen in the film, there’s a telephone in the driver’s door and weapons storage under the driver’s seat. All of this stuff makes our subject car perhaps the most complete “Bond car” ever. Bear in mind that for filming, the gadgets on the original car were only needed to perform once per shot; on this one they actually work — and carry on working. Of the two original “Goldfinger” cars, both borrowed from Aston Martin and returned after filming, only one was fitted with the spy gadgetry. The other DB5 was standard and used for drive-by shots. Chassis DP2161, actually the DB4 Series V-based DB5 prototype, is the original “Goldfinger”/”Thunderball” effects car. The removed gadgets were later refitted, but it was stolen from a hangar in Florida

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in June of 1997 and has never been seen since. It is now the holy grail for Bond DB5 detectives. A U.S. collector owned the “driving” car, DB51486R, for more than 40 years, and it’s seldom seen in public. This is the car RM sold in London in October 2010 for $4,608,528 to another U.S. collector, Harry Yeaggy. The promo cars Such was the demand for the 007 DB5 to appear around the world to publicize the films that a further two cars that never appeared on screen, DB52008R and DB52017R, were bought. Eon Productions and Aston Martin Works fitted the 007 gadgets. In 1969, the film production com- pany’s financier quietly offered the two promo Bond DB5 cars for sale after their movie promotion careers ended. British collector Anthony (now Lord) Bamford bought the two cars as a pair. Bamford quickly sold 2017R — it’s now in the Louwman Museum in the Netherlands. However, Bamford kept 2008R — our subject car — until 1970, when he sold it to B.H. Atchley, the owner of the Smoky Mountain Car Museum in Pigeon Forge, TN, where it remained for 35 years on display — but was started regularly. In January 2006, this car was sold on behalf of the Smoky Mountain Car Museum at RM’s Scottsdale Auction for $2,090,000. Our subject car then underwent a four-year restora- tion that included making all 13 James Bond gadgets work as designer John Stears intended. 2017R was offered for sale in 2013 by Aston specialist RS Williams for £3 million, which was then about $4.6 million. Other Bond DB5 cars We’ve now accounted for all of the “Goldfinger” cars. There are more Bond DB5s. Three more (DB52187R, DB51484R and DB51885R) were painted up for “Goldeneye.” Another DB5 (DB51399L) appeared in “Casino Royale.” The DB5 in “Skyfall” (DB5/2007R) was bought from RM’s Don Rose at the 2010 Battersea sale prior to its silver paint job for $385,000. One of the “Goldeneye” cars, 1885R, sold for $2,580,887 at Bonhams’ Goodwood Festival of Speed auction on July 13, 2018. Our subject car Where does that leave us on the value of our never- appeared-on-film Bond DB5? History has shown that cars that have actually ap- peared with 007 on screen bounce to about 10 times their “real” value — that is to say 10 times the price of a standard example. That even applied to one of the two 1976 Lotus Esprits used in “The Spy Who Loved Me.” The one that barely appeared in the finished film — it served mostly as a camera platform — sold for $165,020/£111,500 (£100k bid) at Bonhams Olympia in 2008. Back then, £10k/$16k got you a nice stock Esprit S1. November 2019 Details Years produced: 1964–66 Number produced: 886 coupes (plus 123 convertibles and 12 station wagons) Original price: $14,000 Current SCM Median Valuation: $789,500 Chassis # location: Plate on right side of scuttle Engine # location: On left of cylinder block next to alternator Distributor cap: $81 Tune-up cost: $500 Club: Aston Martin Owners Club, Drayton St. Leonard, Oxfordshire OX10 7BG, +44 1865 400400 Web: Although I don’t agree, 2008R is generally considered a real “Goldfinger” car — one of the four — as it was part of the 007 promotion and marketing at the same time as the actual screen stars, even though it never appeared in a Bond movie. Later, the Bond submarine Esprit “Wet Nellie” fetched £616k/$990k when it was sold at RM’s Battersea sale in September 2013. Although I don’t agree, 2008R is generally considered a real “Goldfinger” car — one of the four — as it was part of the 007 promotion and marketing at the same time as the actual screen stars, even though it never appeared in a Bond movie. Does that make it more authentic and desirable than one of the five or so tatty cars sprayed up to appear in the later productions — and which only dilute the rarity of the original Bond cars? Just making all the effects work on this one must have cost a bomb (sorry!). When 1486R sold in London for $2.9 million, that rep- resented seven or eight times the market value of a stock DB5 at that time. DB5 sold prices in 2019 have realistically settled at around £600k — even though many of us think that number should start with a 5 — or around $800,000, with untouched original or exceptional restored cars (like this one) a little more, but generally under $1 million. If you take that as a yardstick, the selling price here represents seven or eight times the current market value of a DB5 — just about the same boost ratio achieved by 1486R nine years ago. So the Bond multiplication factor holds steady. If you consider this a real Bond car, the money is therefore right. If you don’t (I don’t), then the buyer overpaid. (Introductory description courtesy of RM Sotheby’s.) ♦ Paul Hardiman, an SCM writer for the past 12 years, is SCM’s go-to guy for British and European auctions. He also writes many car profiles. 91 1964 Aston Martin DB5 4.2 Lot 25, s/n DB51926R Condition 3+ Sold at $947,561 Bonhams, Bond Street, London, U.K., 12/1/18 SCM# 6884139 Alternatives: 1962–68 Maserati Sebring, 1963–68 Ferrari 330 America GT 2+2, 1966–68 Lamborghini 400GT 2+2 SCM Investment Grade: A Comps 1964 Aston Martin DB5 Lot 52, s/n DB51900R Condition 2Sold at $832,103 Bonhams, Goodwood Members’ Meeting, 4/7/19 SCM# 6897989 1965 Aston Martin DB5 (“Goldeneye”) Lot 370, s/n DB51885R Condition 3+ Sold at $2,580,887 Bonhams, Goodwood Festival of Speed, Chichester, U.K., 7/13/18 SCM# 6874844

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Etceterini & Friends Profile Courtesy of Bonhams 1953 Fiat 8V Supersonic by Ghia This car is an unbeatable combination of beauty, rarity and driving pleasure by Donald Osborne Chassis number: 106000043 SCM Condition for this car: 1 T he pedigree of every one of the 15 Ghia 8V Supersonic automobiles is unequivocal. However, this example comes with a celebrated history and provenance, rendering it ultimately rare. Conceived as the sports car for the elite, chassis 0043 was completed alongside its stablemate, 0039, by Ghia in 1953. Car 0039 was painted ivory, while 0043 was finished in white with red leather, a front grille with additional lights and no bumpers. The two Supersonics were shipped from Genoa, Italy, to the United States by “Dutch” Darrin — founder of the coachbuilder Hibbard & Darrin and co-designer of the Kaiser Darrin marque. At the 1954 World Motor Sports Show in New York City, Briggs Swift Cunningham struck a deal with Darrin to buy chassis 0043. Cunningham gave the car to his wife, Lucie, who drove it throughout 1954 until her husband sold it to a dealer in Hartford, CT. In 1959 the 8V was purchased by Dr. Webb of California. In 1963 the Supersonic was acquired by Bruce Pierce, who had the original transmission and engine replaced with a Chevrolet V8 and drivetrain. Some 20 years later, in 1981, the Supersonic was purchased by Jarl de Boer, who retained the car until 2001, when ownership was transferred to Paul Sable of Pennsylvania. In 2012, the 8V Supersonic was purchased by a rare-car collector in Belgium — who recognized the prestige of this rare sports car and commissioned a superb nut-and-bolt restoration back to its original specification. The car was fitted with its original engine and transmission. Displayed at the Salon Rétromobile in February 2018 in Paris at the Portes de Versailles, it was acquired by the consignor — a U.K.based collector. 92 Sports Car Market SCM Analysis This car, Lot 128, sold for $1,625,000 at Bonhams’ Quail Lodge Auction in Carmel Valley, CA, on August 16, 2019. I’ll start this profile with my conclusion, so that the impatient can run off to another page if they’re so inclined. This Fiat 8V Supersonic was well bought at $1,625,000. Why? Because if a collector wants a Fiat 8V, there were only 114 built. Spread across that small number are a wide variety of styles, from the delightfully Art Deco feel of the factory Fabio Luigi Rapi-designed models to a handful of Vignale examples to a few singles built at various carrozzerie. The most sought-after Fiat 8V cars are the sleek Zagato-bodied cars — with or without “double bubble” roofs — and

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the Ghia Supersonic. For quite some time, the Zagatos and Supersonics have brought the highest prices. All appeal to different collectors for varying reasons. As a dyed-in-the-wool 8V-ist, I’d not turn any of them down, but I do have my favorites. And surprisingly for some, they are the Rapi coupes and the Supersonic. They are worlds apart — the former quite functional, designed to be as efficient at their job as sports racing cars as the factory could make them, while the latter are the epitome of in-your-face glamour. As such, the ones most seen driven hard tend to be Rapi coupes. A brilliant design engineer Giovanni Savonuzzi is one of the most brilliant design engineers — note, not “stylists” — the world has ever known, and it’s quite surprising that more people don’t know about his work. Shameless plug alert: In my 2016 book Stile Transatlantico / Transatlantic Style, I point out what Battista Pinin Farina achieved with the landmark that The car has an interesting provenance, and it will always turn heads — while also providing experiential gratification for its owner. Cisitalia 202 coupe was marvelous. That car was at its base a variant of the original design by Savonuzzi for the Cisitalia 202 MM Aerodinamica coupe. Savonuzzi, whose career began in the Fiat aircraft division and at the Turin Polytechnic before World War II and continued through Cisitalia, Ghia, Chrysler, back to Fiat and the Polytechnic until the late 1970s, approached automotive design with architect Louis Sullivan’s “Form ever follows function” dictum. However, here is one of the few times Savonuzzi seemed to depart from his disciplined approach. The first of the Supersonic-bodied cars, an Alfa Romeo 1900 with Conrero preparation, crashed out of the 1953 Mille Miglia. This may well have been the last time a Supersonic was raced. Iconic 1950s style Fiat itself was rather alarmed at the attention the Supersonic 8V received in the United States, where it was seen as an ultimate object of style and fashion, a super-chic racing car for the street. This car certainly screams “jet fighter plane cleared for low flying over Mulholland Drive and cleared for landing at the Beverly Hills Hotel.” As a statement of all that the early 1950s most cherished, the Supersonic can hardly be matched. It was likely a trial for these style setters to own when new, as Fiat did not, could not and would not supply mechanical support for the 8V in America. A polarizing shade When RM Sotheby’s sold the late Orin Smith’s collection in March 2017, included in the collection was his 8V Supersonic. Smith had purchased his car in August 2015 at Bonhams’ Quail Lodge sale. Smith, a real gentleman with exquisite taste, paid $1,815,000 for it. In the sale after his death two November 2019 1953 Fiat 8V Supersonic by Ghia Lot 65, s/n 106000035 Condition 2- Sold at $1,760,000 Gooding & Co., Amelia Island, FL, 3/8/13 SCM# 215789 93 years later, it went to its new owner for $1,375,000 with buyer’s commission. I wrote a profile of that sale in the July 2017 issue of SCM (Etceterini Profile, p. 70). In that piece, I mentioned that the stunning — but perhaps polarizing — bright teal metallic paint might have been a factor in holding the price down. The pre-sale estimate on our subject 8V was $1.75m to $1.95m, which is not wildly out of line with some previous sales — but the market has changed. I overheard a few discussions on the color of our subject car during the preview. While some were positive, others — not so much. In my opinion, Savonuzzi’s Supersonic form is actually one of the few that appeals to me in white — although it is likely that the original shade may have been different wears. from the one it now A blast to drive It doesn’t hurt that Briggs Cunningham once owned this particular 8V. Cunningham was running some pretty impressive race cars finished in a nice soft white when he bought our subject car. I’ve written in these pages not long ago about my most recent encounter behind the wheel of an 8V (October 2019, “Unconventional Wisdom,” p. 46). I found it extraordinary. A well-sorted example with all the sensitive and sensible engine developments carried out is a blast to drive. The Siata-developed suspension gives a ride and handling leagues ahead of just about any other sports or GT car of the period — from any country. The catalog mentioned that this car would be wel- come in leading historic race events, but that’s not likely where it will be seen. As a concours entrant and for spirited vintage-tour driving, I can’t imagine a finer companion than this car. A still-sharp restoration presents well and can be freshened for future concours trophy consideration. The car has an interesting provenance, and it will always turn heads — while also providing experiential gratification for its owner. At this price, there are few other cars that combine this level of rarity, beauty and pleasure. ♦ (Introductory description courtesy of Bonhams.) Donald Osborne is a world-renowned collector-car ap- praiser and consultant. His “Assess and Caress” segments appear on “Jay Leno’s Garage.” He has written for SCM for 23 years. 1953 Fiat 8V Supersonic by Ghia Lot 28, s/n 106000049 Condition 1- Sold at $1,815,000 Bonhams, Carmel, CA, 8/14/15 SCM# 266023 1953 Fiat 8V Supersonic by Ghia Lot 122, s/n 106000049 Condition 1- Sold at $1,375,000 RM Sotheby’s, Amelia Island, FL, 3/10/17 SCM# 6827986 Details Years produced: 1953–55 Number produced: 15 (114 total 8Vs) Original list price: $11,000 (approximate) Current SCM Median Valuation: $1,705,500 Tune-up cost: $1,200 Chassis # location: Stamped on firewall as well as on chassis plate Engine # location: Stamped on cylinder block, distributor side on boss Alternatives: 1954 Maserati A6G2000 coupe, 1953 Siata 200CS coupe, 1955 Alfa Romeo 1900SZ, 1953 Ferrari 340 America Vignale coupe SCM Investment Grade: A Comps

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German Profile Nathan Leach-Proffer ©2019, courtesy of RM Sotheby’s 1967 Porsche 911S Sport Kit/Rally Kit This ultra-rare-spec 911S broke the bank — for all the right reasons — during a rough Monterey Car Week by Prescott Kelly Chassis number: 308475S SCM Condition for this car: 1- SCM Analysis This car, Lot 373, sold for $912,500, including buyer’s premium, at RM Sotheby’s auction in Monterey, CA, on August 17, 2019. The stunning price tells you that this car was not a typical 1967 911S. Even RM Sotheby’s was off — estimating the car at $275,000 to $325,000. Happily for the car’s Denver owner — a restaurant owner with good taste in Porsches — the bidders got it right. And it was a show. Competition 911s Porsche introduced their first prototype into racing in 1954 — the Type 550 Spyder — and continued to improve the breed through 1973, when the 917/30 was their last prototype race car for a few years. Starting with small-displacement-class wins, Porsches moved up to win multiple World Championships with the 908 and different iterations of the 917. All the while, production-based 356s and 911s were staples in na- tional race series, Cal Club and the SCCA in America and in FIA classes lower than the prototypes. Porsche 911s were especially effective in rallies such as the Monte Carlo, Tour de France and others. In the United States, 911s scored victories in SCCA production classes, early IMSA and in the Trans-Am series — until the 911 was outlawed for not being a true sedan. The early 911 “holy grail” In 1967–68, Porsche built 20 911R lightweight race cars — plus four prototypes. The bodies were built with fiberglass lids, doors, front fenders and bumpers by the Baur firm that also built 904 bodies. With no undercoating, Plexiglas windows, and no interiors, the cars typically weighed 1,810 pounds vs. 2,380 pounds for a street 911S. 94 Sports Car Market Porsche powered the car with an aluminum-case version of the 1,991-cc Type 906 racing engine. In effect, it was Porsche’s version of a muscle car — a “big” engine in a lighter chassis. Because they built so few, the 911R was not homologated. It raced as a prototype. Still, it achieved notable race/rally victories and speed records. It was also expensive. That becomes relevant to our auction 911S — stay tuned. Before the 911R, competition 911s were built to order to match sanc- tioning bodies’ rules. Starting in mid-1966, Porsche organized the chassis and suspension modifications into “kits” — with extra modifications available. Jack Sullivan ordered a special 911S Which gets us to our auction car, a 911S with Sport I, Sport Kit II, and a Rally Kit plus many more options. Dr. John “Jack” Sullivan, of

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Syracuse, NY, ordered the car. A longtime Porsche racer, going back at least to a rare 1952 America Roadster, Sullivan also was known to co-drive with Bruce Jennings. Interestingly, about the same time, Jennings also ordered a 1967 911S with similar options, but painted brown. Both owners then shod their cars with big Goodyear Blue Streaks and added fender-mounted Talbots. Could they have coordinated the orders? Perhaps. Either way, both men ended up with very special street 911Ss. In 1969, Sullivan sold his 911S in a two-car deal to Jennings. Bruce had several pure race and street/race cars at this point. He did not use the silver 911S much. It is thought that Bruce did one race in the car, re- ported by RM Sotheby’s to have been a 10-lap sprint race at Bridgehampton. Thirty years ago, after I purchased the gold 911R #15 from Miles Collier, Bruce co-drove that car with me in endurance races. At a Summit Point race, he recounted this story to me: While his race car was getting an engine rebuild, he drove his 911S “driveway car” to nearby Marlboro Raceway, pumped up the tires, raced it, won, let the added air out, and drove it home. Old school. Totally original, low miles, with paperwork As presented at auction, the Sullivan/Jennings 911S had just 8,226 miles. The paint was original, as were the trim and interior. Included were a toolkit, owner’s manual kit and ful- some paperwork. The car needed thorough recommissioning and sympathetic detailing. Just before the auction, several would-be bidders wanted to hear the car run better. It was taken to the basement garage of the Portola Hotel. Mechanics drained shellac-like old gasoline, cleaned the carbs, added fresh gas directly to the carbs, and the car ran passably. The car’s 20 years of dead storage in Denver did show through. Nonetheless, as we chatted in the garage, people opined that they wanted the car, that the auction estimate was light, and that the car undoubtedly would sell over $500,000. All the performance options — and more This 911S had extensive paperwork with it, including the build card and three pages explaining the Sport Kits, Rally Kit and other options on the car. The car had the Sport Kit I with bigger venturis and jets for the Weber carburetors, rain lids over the carbs — not air cleaners — and an oil-catch tank. All of this was worth plus-eight horsepower. The Sport Kit II added the straight-pipe, two-outlet sport muffler, worth another seven horsepower — so now plus-15 total, to 175 DIN. The Rally Kit added an interior roll bar, 15-mm and 16-mm anti-sway bars, Ferodo brake pads, a dead pedal and eyehooks for competition seat belts. Sullivan worked the option list In addition, Sullivan ordered Scheel sports seats, a limited-slip differential, hillclimb “Bergrennen” gears (one of four competition gear sets available), no under- November 2019 Details Year produced: 1967 Number produced: 1967 911S coupes 1,823; in this build spec, six to eight cars (estimated) Original list price: $6,145 (plus estimated $1,250 in options) Current SCM Median Valuation: $912,500 (this car) coating, a smaller-diameter steering wheel, wider wheels and driving lamps. Our favorite expert on these issues, former Porsche Classic manager Jochen Bader, thinks Bruce Jennings probably added the 100-liter gas tank, beefier 911R-issue Nadella half-shafts and the headrests. A who’s-who list of Porsche bidders Then came auction night. To set the scene, there were at least these bidders primed to go after the car: • A well-known award-winning international architect from NYC. • A well-known industrialist/collector from the Chicago area with many Porsches and Ferraris, bidding on the phone through an RM Sotheby’s rep. • A well-known Internet app billionaire with many Porsches. • A well-known comedian/collector who likes to mix cars and coffee, bidding through his usual representative in the room. • A well-known scion of a cellular phone business sold to AT&T, bidding through two reps at the side of the room. • Alois and Estonia Ruf, bidding for a very private international collector. As auction houses love to say, “There’s money in the room.” The bidding passed $500,000 in a few minutes. Going up in $25,000 increments, the Chicago industrialist was out at $750,000. The comedian was out at $775,000. Estonia Ruf put in her only bid at $800,000. At $825,000, the winner was the Internet app billionaire sitting right next to me. THAT was fun. Can it be called “fairly bought”? Yes! How? Easy. The car was rare, with excellent build specs, all-orig- inal condition, known provenance, matching numbers, with paperwork. The only better-spec early SWB 911 would be a 911R, and the last two of those sold recently in Europe for the equivalents of $5,150,000 and $5,500,000. This 911S was 80% off of those prices, and I knew both the 911 Rs — they were nowhere near as original as this 911S. I think history will say “fairly bought.” ♦ Prescott Kelly wrote his first Porsche profile in 2010. This one takes you deep into the inside world of Porsche fanatics. Cool, right? 1967 Porsche 911R prototype coupe Lot 27, s/n 307670 Condition 4+ Not sold at $460,000 Christie’s, Monterey, CA, 8/17/06 SCM# 42511 95 1966 Porsche 911S GT Competition coupe Lot 209, s/n 306614S Condition 3- Not sold at $115,000 Bonhams, Quail Lodge, Carmel, CA, 8/14/09 SCM# 142079 1967 Porsche 911S 2.0 coupe Lot 34, s/n 306793S Condition 2 Sold at $220,000 Gooding & Co., Amelia Island, FL, 3/9/18 SCM# 6863743 Tune-up cost: $1,400–$1,500 with wires, cap and valve adjustment Chassis # location: On plate at front lip of trunk panel; chassis stamping above gas tank on passenger’s side Engine # location: On engine case boss under the fan, reading vertically, facing to the right Club: Porsche Club of America Web: Alternatives: 1967–68 Porsche 911R, 1968 Corvette 427/430 L88, 1966–68 Ferrari 330 GTC, 1967–70 Toyota 2000GT SCM Investment Grade: A Comps

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American Profile Robin Adams ©2019, courtesy of RM Sotheby’s 1965 Ford GT40 Roadster Prototype A rare roadster comes to market, dripping with history, famous racers and sheer cool by Elana Scherr Chassis number: GT108 SCM Condition for this car: 2+ • The first of five GT40 roadsters built • The only GT40 roadster known to have continually survived in its original form • Driven by legendary drivers including Ken Miles, Carroll Shelby and Jim Clark • Award winner at the 2003 Pebble Beach Concours d’Elegance F 96 ew automobiles have achieved such status as the Ford GT40. Detroit’s first purpose-built prototype-class race car, it was developed to beat Ferrari — and famously went on to win the 24 Hours of Le Mans for four consecutive years. SCM Analysis This car, Lot 252, sold for $7,650,000, including buyer’s premium, at RM Sotheby’s Monterey auc- tion in Monterey, CA, on August 16, 2019. The story of the Ford GT40 is one of the pillars of motorsports lore. Henry Ford II was insulted by Enzo Ferrari during the early ’60s — something about pulling out of a little business deal. So Hank the Deuce set his mind to stomping Ferraris into a little red smear at the world’s most famous sports-car race — the 24 Hours of Le Mans. Spoiler! He did it, with the fabulous Ford GT40s — and a lot of help from top-notch racers. Not only were the cars of the Ford effort stunning, but the people involved in the process were also the stuff of racing legend. Carroll Shelby, Dan Gurney, Ken Miles, Bruce McLaren, A.J. Foyt — the list goes on and on. A combination of man and machine now makes all the difference when a GT40 comes up for auction. Sports Car Market The inheritance Carroll Shelby didn’t come up with the GT40 program; he inherited it from an English team led by John Wyer, who wasn’t making progress with a small-block-powered version of the GT40 Mk I. Along with the well-known closed cockpit cars — so low that tall driver Dan Gurney needed a dent in the roof to make room for his helmet — Shelby also took delivery of some prototype cars for testing purposes — including our subject rare roofless GT.

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Chassis GT108 is one of five topless GT40s — and the first of only four that were built specifically to be roadsters on a chassis that was unique from the coupes. Shelby American didn’t need the roadster for development. They were already leaning towards a stretched and 427-powered version for the race cars, but the open car was an attention-getter and a favorite with the test drivers. Shelby was never one to turn down an opportunity to get some press, so he put the car to work. Behind the wheel At the quarters, the GT40 roadster was a promotional Shelby American headtool. The Cobra team took it along to races at Riverside and Laguna Seca. Drivers during that time included Ken Miles, Lew Spencer and Carroll himself — who is said to have given Henry Ford II a ride in the car. Shelby also allowed several journalists to take a turn behind the wheel, including Jerry Titus of Sports Car Graphic and Brock Yates of Car and Driver. Both wrote creations known to man.” From Shelby American, the road- ster went on tour, making demonstration laps at the U.S. Grand Prix with Lotus racer Jim Clark in the driver’s seat. Toward the end of the racing season, the car went to Kar-Kraft in Michigan — Ford’s skunk works outfit — and was used as a test car in the development of what became the GT40 Mk IV. The roadster finally left Ford for private ownership when it was sold in July 1969 to George Sawyer, a KarKraft employee. Sawyer put in a rebuilt 289-ci engine and a ZF transaxle in place of the original — and according to Brock Yates, quite fussy — Colotti T-37. Later owners returned the car to the original combination. The price of history When you’re looking at a car like our subject GT40, it’s not just originality and condition that determine the price tag. Buyers want to know if it raced — if it was part of that Le Mans history. Did this car do the things immortalized in books like A.J. Baime’s Go Like Hell or the soon-to-be-released “Ford v Ferrari” movie? The most famous — and valuable — GT40s are the ones that made history. Cars like the first Le Manswinning black Mk II driven by Bruce McLaren and Chris Amon. Cars like the Mk I P/1075 that won Le Mans in both ’68 and ’69, and cars like the red Mk IV driven to Le Mans victory by Dan Gurney and A.J. Foyt in 1967 — marking not only another win for Ford, but the first time in Le Mans history that an all-American car, engine and driving team took the podium. The new owner of GT/108 may not be able to point out any famous race wins, but knowing that Miles, Shelby and Ford all spent time in the car makes for a bragworthy buy. There are lots of comps for this car. The Gulf Oil-colored P/1074 — used as a camera car in the Steve McQueen movie “Le Mans” — sold for $11 million at RM Auctions’ 2012 Monterey sale. This same car sold for $6,930,000 at RM Auctions’ 2014 Monterey auction. So we’d say our subject GT40 was well sold at $7,650,000, especially as Monterey 2019 was a tough year for auction cars. The GT40 is a legendary car, and this is a story that people will keep telling. ♦ (Introductory description courtesy of RM Sotheby’s.) Elana Scherr is a columnist for our sister magazine, American Car Collector. We try to get her words into SCM whenever possible. November 2019 97 1968 Ford GT40 racer Lot 139, s/n P1074 Condition 1- Sold at $11,000,000 RM Auctions, Monterey, CA, 8/17/12 SCM# 209513 1966 Ford GT40 Mk II coupe Lot 124, s/n GT40P1016 Condition 2- Sold at $9,795,000 RM Sotheby’s, Monterey, CA, 8/24/18 SCM# 6877236 favorable accounts of the GT40, with Yates describing it as “one of the most sophisticated automotive The new owner of GT108 may not be able to point out any famous race wins, but knowing that Miles, Shelby and Ford all spent time in the car makes for a brag-worthy buy. Details Years produced: 1964–69 Number produced: 105 Original list price: N/A (prototype) Current SCM Median Valuation: $3,300,000 Tune-up cost: $500 Chassis # location: Firewall, right side Engine # location: On block behind left cylinder head Club: GT40 Enthusiasts Club Web: Alternatives: 1967 Ferrari 330 P4, 1964–65 Shelby Daytona coupe, 1966 Shelby Cobra 427 S/C SCM Investment Grade: A Comps 1965 Ford GT40 Roadster prototype Lot 134, s/n GT108 Condition 2+ Sold at $6,930,000 RM Auctions, Monterey, CA, 8/16/14 SCM# 244921

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The Cumberford Perspective Robert Cumberford Pretty Fast, If Not Exactly Pretty The Ford GT40 combines beauty, speed and great driving. This car is now an important historical artifact 2 T he very first Ford GT40 released to public view early in 1964 was a gorgeous object, but disastrously unstable aerodynamically. It was seemingly designed specifically to lift its front wheels off the pavement at speed. This particular very early prototype is neither as attractive as the standard coupe nor as the similar — but highly evolved — Mk II convertible that won Sebring in 1966. I had almost forgotten that there were ever any cars with Borrani wire wheels, so used are we to the magnesium Halibrand Indy-style wheels used in series production. This car includes a few modifications made in the first couple of years of its existence — but preserves much of the naïve early shape. Marcello Gandini told me that his Lamborghini Miura’s shape was much influenced by the GT40 (and the Corvair Monza GT show car), and the oddly shaped scoop behind the door might have been one of those points. This windshield is quite different from the coupes, with the A-pillar vertical rather than leaning aft. This is f looking F an historic important a justifies th price at au it’s probab of the bes Fords to d is a plus a well. ♦ 1 6 FRONT 3/4 VIEW 1 The sloping bottom of the original nose form with lamps back underneath has been changed, but I suspect it might still be a little delicate at speed. 2 Good luck on ever replacing this (probably) one-off piece of frameless glass, which offers far better visibility than regular GT40 coupes. 3 Later open-top Mk IIs had two individual scoops per side in this area — and some small forward-facing ones on the rear deck. 4 The Richie Ginther- inspired upturned tail is well integrated into the form. 5 Wire wheels were not part of Ford history for long, and it was fortuitous that the early owner of this car refused to incorporate a lot of the evolved upgrades. 6 The lower part of the front fenders still preserves the look of the original ineffective frontal shape. REAR 3/4 VIEW 7 The tire sidewalls seem surprisingly tall to us today, and the wheels themselves seem small. 8 Although it leans sharply in toward the centerline, this A-pillar is strictly vertical in profile, making the windshield quite rounded at the top. 9 8 11 9 This area of the body is rather lumpy and inelegant, without any surface flow. It’s more agreeable seen from the front. 10 As rollover protection, this elegant band might not do much, but it’s exceptionally well styled. 11 This sharp demarcation between body side and rear fascia is remarkably prescient, showing up even on economy cars today in the interest of cutting drag. 12 High-mounted exhaust pipes have become a styling feature for Pagani and McLaren today, and why not? It looks tough — and serious. 10 INTERIOR VIEW (see previous page) The interior of Ford’s GT40 racing cars always surprised in that they somehow managed to seem like carefully finished concept cars — as ready for an auto-show stand as for the racetrack. The dozens of bright metal rings inserted into the seating and backrest surfaces achieved that visual impression — and provided drivers with welcome ventilation. The instrument panel itself is not particularly ergonomic, and the steering wheel is strictly business. The sphericity of the windshield is easy to appreciate in this view, as is the care for color coordination. 5 3 4 12 7 98 Sports Car Market

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Race Car Profile Mike Maez, courtesy of Gooding & Company 1975 Ferrari 312T Niki Lauda This special race car bucked the current to finish at a high price during a difficult Monterey Car Week by Thor Thorson Chassis number: 022 SCM Condition for this car: 1- SCM Analysis This car, Lot 31, sold for $6,000,000, including buyer’s commission, at Gooding & Company’s Pebble Beach Auction on August 16, 2019. A unique, niche-market car has distinct advantages in challenging times. This was a difficult year for many cars at auction during Monterey Car Week. However, a few cars managed to sell for historic high prices with lots of market enthusiasm — and this car was one of them. It is interesting to consider why our subject car did so well, but first we should understand the car and its specific market. From tough times… The early 1970s were not a good time for Ferrari’s Formula One program. Their 312B series of cars sounded great — but offered little more in terms of competitiveness. They really weren’t half-bad cars, but this was the era of the English “garagiste” teams — small, nimble, highly inventive groups who had access to utterly dominant engines and drivetrains in the Cosworth DFV and Hewland transaxles. Not having to worry about the engine and drivetrain allowed small teams to compete with innovation in chassis and aerodynamics. At the same time, full factory teams, such as Ferrari and BRM, still built their own components and had to contend with far greater headaches. The headaches weren’t just technical. Designing, developing, and fielding competitive racing engines was a huge financial burden, and Ferrari was still trying to support their racing endeavors by selling street cars. Then two big things changed: Ferrari dropped their endurance and 100 sports-prototype racing programs to focus strictly on Formula One. Then Fiat stepped in with plenty of money and bought the road-car side of the business. These moves created substantial organizational and team changes, and Luca di Montezemolo took full control of the racing team. Luca di Montezemolo brought Mauro Forghieri back as chief designer — and looked around for new driving talent, signing Clay Regazzoni and Niki Lauda away from the BRM team. Thus, beginning in 1974, Ferrari’s prospects improved substantially with the heavily revised 312B3. From seeing neither a pole position nor a race win in 1973, Ferrari went to challenging the Drivers’ Championship and getting 2nd in the Constructors’ Championship in 1974. Lauda managed nine pole positions and won two races, while Regazzoni won Germany and placed well enough in the others to barely lose the championship to Fittipaldi in the last race of the season. Sports Car Market

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...To great times 1975 dawned bright for Ferrari. They had a well- organized team, excellent technical staff, two great drivers — and enough money to use them effectively. On top of that, they had a new car, the 312T. It ran an evolution of Ferrari’s flat-12 engine, which was light and had long been powerful — but was now almost DFV reliable. The 312T made a major packaging change with a transverse (crosswise) transaxle that allowed its mass to be moved forward to ahead of the rear axle. The resulting lower polar moment of inertia combined with an improved suspension and stiffer monocoque tub to substantially improve handling. The new 312T was suddenly the most sophisticated design in Formula One — and with little question it was the fastest. After years in the wilderness, Ferrari had returned with a classically Italian jewel, which was not only fast and easy to drive, but beautiful and watch-like in its precision and detail. We had a successor 312T2 some years back, and I would sit for hours and marvel at how form, function, and artistry were combined into a single racing automobile. Domination Niki Lauda often referred to 1975 as “the unbelievable year.” He won five races to win the Drivers’ Championship by a large margin, and Regazzoni won at Monza, giving Ferrari its first Constructors’ Championship since 1964. This was the beginning of Ferrari’s hat trick of three consecutive Constructor’s Championships with variants of the 312T: 1976 with the 312T2 (Lauda lost the Drivers’ Championship by one point), and 1977 with Lauda and Ferrari both winning with the 312T2b. Few cars in F1 history have managed to be so dominant for so many seasons as the 312T. Now a big winner with bidders The 312T series of Ferraris are highly desirable to a wide variety of potential buyers. From a collector/user standpoint, the cars are sweet and uncomplicated rides. A normally sized person can fit in comfortably, the engine starts with the push of a button, it can be maintained and run with a competent — but not specialist — crew, and the driving is sublime. These cars are known for having very secure, neutral handling and a user-friendly character throughout. From a Formula One collector’s standpoint, the 312T is historically significant in representing the return of Ferrari to the front of Formula One, for its technological advances, and for its centrality to a number of the greatest heroic drives and white-knuckle finishes in F1 history. It is difficult to conceive of a comprehensive Formula One collection that does not include one. Generalist Ferrari collectors would be attracted for all of the reasons above, plus the simple fact that the 312Ts are flat-out gorgeous pieces of sculpture. Save maybe the “spaghetti exhaust” 312s of the late 1960s, there just isn’t a more charismatic Ferrari Formula One to anchor a collection. Pluses and minuses Given its significance, there was no shortage of inter- ested parties when this car became available, but there are value-limiting factors as well. An interesting factor is history: The most iconic Formula One car is not considered particularly collectible unless it has won at least one GP (and, of course, the more wins, the better), which is a weird but almost inviolable constraint. Our subject car, chassis 22, was in fact a Lauda ride, but it only had one GP and one non-championship win to its name. The sister car, #23, has six wins and is thus far more desirable. Originality is a strange consideration. A museum col- lector prizes originality down to peeling decals, cracked paint, and track grime still stuck to the chassis, but this doesn’t work if you intend to drive the car — or want a gleaming centerpiece to a vanity collection. So we end up with competing values. This car was set up as a serious driver, with engine and suspension extensively gone through at the factory with appropriate replacement parts and all but perfect paint, so its originality was a bit compromised and its desirability depended on the buyer’s intentions. In the end, this car sold for a lot of money for a Formula One car in a public sale. It almost broke the record, but the fact that it went for minimum estimate suggests that the seller was a bit disappointed. The general Ferrari market peaked in 2014 and has softened ever since, while the Formula One market has been very strong during the past four to five years, so there is a balance here as well. I will suggest that the hammer price represents a very fair valuation for an excellent — but not quite ultimate — 312T. This car was fairly bought and sold. ♦ Thor Thorson wrote his first SCM story in 2003. He’s been our resident race-car expert ever since. Details Years produced: 1975 Number produced: Six (five survive) Original list price: N/A Current SCM Median Valuation: $6 million (this car) Chassis # location: Tag above driver’s knees Engine # location: Top of block at back Club: Masters Historic Formula One USA Web: Alternatives: 1975 McLaren M 23, 1975 Brabham BT 44B, 1975 Tyrell 007 SCM Investment Grade: A Comps 1992 Williams FW14B F1 racer Lot 345, s/n FW1408 Condition 2+ Sold at $3,392,949 Bonhams, Chichester, U.K., 7/5/19 SCM# 6906860 1993 McLaren MP4/8A Formula One Lot 119, s/n MP486 Condition 2 Sold at $5,009,297 Bonhams, Monte Carlo, MCO 5/11/18 SCM# 6870069 1996 Ferrari F310 Formula One Lot 335, s/n 166 Condition 1- Not sold at $851,125 RM Auctions, “Ferrari Leggenda e Passione,” Maranello, ITA, 5/18/08 SCM# 116792 To great times 1975 dawned bright for Ferrari. They had a well- organized team, excellent technical staff, two great drivers — and enough money to use them effectively. On top of that, they had a new car, the 312T. It ran an evolution of Ferrari’s flat-12 engine, which was light and had long been powerful — but was now almost DFV reliable. The 312T made a major packaging change with a transverse (crosswise) transaxle that allowed its mass to be moved forward to ahead of the rear axle. The resulting lower polar moment of inertia combined with an improved suspension and stiffer monocoque tub to substantially improve handling. The new 312T was suddenly the most sophisticated design in Formula One — and with little question it was the fastest. After years in the wilderness, Ferrari had returned with a classically Italian jewel, which was not only fast and easy to drive, but beautiful and watch-like in its precision and detail. We had a successor 312T2 some years back, and I would sit for hours and marvel at how form, function, and artistry were combined into a single racing auto- mobile. Domination Niki Lauda often referred to 1975 as “the unbelievable year.” He won five races to win the Drivers’ Championship by a large margin, and Regazzoni won at Monza, giving Ferrari its first Constructors’ Championship since 1964. This was the beginning of Ferrari’s hat trick of three consecutive Constructor’s Championships with variants of the 312T: 1976 with the 312T2 (Lauda lost the Drivers’ Championship by one point), and 1977 with Lauda and Ferrari both winning with the 312T2b. Few cars in F1 history have managed to be so domi- nant for so many seasons as the 312T. Now a big winner with bidders The 312T series of Ferraris are highly desirable to a wide variety of potential buyers. From a collector/user standpoint, the cars are sweet and uncomplicated rides. A normally sized person can fit in comfortably, the engine starts with the push of a button, it can be maintained and run with a competent — but not specialist — crew, and the driving is sublime. These cars are known for having very secure, neutral handling and a user-friendly character throughout. From a Formula One collector’s standpoint, the 312T is historically significant in representing the return of Ferrari to the front of Formula One, for its technologi- cal advances, and for its centrality to a number of the greatest heroic drives and white-knuckle finishes in F1 history. It is difficult to conceive of a comprehensive Formula One collection that does not include one. Generalist Ferrari collectors would be attracted for all of the reasons above, plus the simple fact that the 312Ts are flat-out gorgeous pieces of sculpture. Save maybe the “spaghetti exhaust” 312s of the late 1960s, there just isn’t a more charismatic Ferrari Formula One to anchor a collection. Pluses and minuses Given its significance, there was no shortage of inter- ested parties when this car became available, but there are value-limiting factors as well. An interesting factor is history: The most iconic Formula One car is not considered particularly collect- ible unless it has won at least one GP (and, of course, the more wins, the better), which is a weird but almost inviolable constraint. Our subject car, chassis 22, was in fact a Lauda ride, but it only had one GP and one non-championship win to its name. The sister car, #23, has six wins and is thus far more desirable. Originality is a strange consideration. A museum col- lector prizes originality down to peeling decals, cracked paint, and track grime still stuck to the chassis, but this doesn’t work if you intend to drive the car — or want a gleaming centerpiece to a vanity collection. So we end up with competing values. This car was set up as a serious driver, with engine and suspension extensively gone through at the factory with appropriate replacement parts and all but perfect paint, so its originality was a bit compromised and its desirability depended on the buyer’s intentions. In the end, this car sold for a lot of money for a Formula One car in a public sale. It almost broke the record, but the fact that it went for minimum estimate suggests that the seller was a bit disappointed. The general Ferrari market peaked in 2014 and has softened ever since, while the Formula One market has been very strong during the past four to five years, so there is a balance here as well. I will suggest that the hammer price represents a very fair valuation for an excellent — but not quite ultimate — 312T. This car was fairly bought and sold. ♦ Thor Thorson wrote his first SCM story in 2003. He’s been our resident race-car expert ever since. Details Years produced: 1975 Number produced: Six (five survive) Original list price: N/A Current SCM Median Valuation: $6 million (this car) Chassis # location: Tag above driver’s knees Engine # location: Top of block at back Club: Masters Historic Formula One USA Web: Alternatives: 1975 McLaren M 23, 1975 Brabham BT 44B, 1975 Tyrell 007 SCM Investment Grade: A Comps 1992 Williams FW14B F1 racer Lot 345, s/n FW1408 Condition 2+ Sold at $3,392,949 Bonhams, Chichester, U.K., 7/5/19 SCM# 6906860 1993 McLaren MP4/8A Formula One Lot 119, s/n MP486 Condition 2 Sold at $5,009,297 Bonhams, Monte Carlo, MCO 5/11/18 SCM# 6870069 1996 Ferrari F310 Formula One Lot 335, s/n 166 Condition 1- Not sold at $851,125 RM Auctions, “Ferrari Leggenda e Passione,” Maranello, ITA, 5/18/08 SCM# 116792 101 101

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Next Gen Philip Richter Cars From 1985 to 2005 That Are the Next Wave of Collectibles 1990 Mazda Miata Courtesy of Mecum Auctions The Marvelous Mazda Miata Good examples trade at around $8,000 to $12,000. This is huge value for money for a very fun driver “Developing the first car was insanely difficult in some areas, almost too easy in others. Since we had no existing model, we could pretty much do anything, and this established some parameters for the car.” — Bob Hall T he idea for the Miata was hatched in the brain of Bob Hall, a Motor Trend journalist turned Mazda employee. The Miata is widely credited with bringing sporty 2-seat roadsters back to America. By 1989, small convertibles were extinct from American roads. The radical Miata both was a look at the future and a nod to the past. It was a modern take on the classic open British sports car —a modern-day Lotus Elan for the masses. The Miata had spiritual lineage to marques such as MG, Triumph and Alfa Romeo. Unlike its forefathers, the Miata was reliable, well de The fun factor At this year’s SCM Pebble Beach, veteran c Collier selected the first-g MX-5 Mazda Miata a under-$50,000 Insider’s Pi Miles cited the fu factor — a great power to-weight ratio combine with excellent engineerin and build quality. He als noted an abundance of av able aftermarket product further enhance and tweak formance. Today, early M are a popular choice for am racing enthusiasts. Although 400,000 first-generation cars were manufactured, 102 investment-grade examples are becoming scarce. Internally, the first-gen Miata was known as the NA. The iconic road- ster was initially unveiled at the Chicago Auto Show on February 10, 1989, and listed for $14,000. NA cars were sold between 1989 and 1997. Oneness of horse and rider Stylistically, the car is perfectly proportioned, with pop-up headlights and a low oval grille. The groundbreaking design followed the Japanese credo of Jinba Ittai — oneness of horse and rider. The layout was compact, with a front engine and rear-drive con- figuration with nearly perfect 50/50 weight distribution. The suspension utilized a wishbone multi-link setup to enhance performance and at just over 2,000 pounds, the NA echnologically ahead of its time. The Miata came standard with an aluminum hood and an airbag. In the first three years of production, the Miata had a 1.6-liter 4-cylinder engine. The motor was punched out to 1.8 liters after 1993. NAs had several options, inluding air conditioning and a hard Special-edition LE and M versions us upgrades including headrest rdi wood shift knob, power win- Thirty years on, the Miata has taken the top spot as the best-selling 2-seater in history, with over 1 million units manufactured to date. Later generations of the Miata have been a sales success but have not matched the beauty and balanced feel of the original. raded leather. As have recently appeared on the 0-mile example just sold on Bring out $18,000. Well-used examples of the more luxurious SE or M versions trade at around $8,000 to $12,000. Dollar for dollar, you will not find a more fun-to-drive vehicle. ♦ Sports Car Market

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Next Gen Profile Courtesy of Bonhams 1971 Datsun 240Z Monterey Car Week 2019 shows a maturing market for high-quality, bellwether 240Zs by Jeff Zurschmeide Chassis number: HLS3014280 SCM Condition for this car: 2+ SCM Analysis This car, Lot 73, sold for $44,800, including buyer’s premium, at Bonhams’ Quail Lodge Auction in Carmel Valley, CA, on August 15, 2019. Four years ago, we covered a notable market achievement. A Datsun 240Z sold for $40,700 (February 2015, Market Report Roundup, p. 150). At the time, it was the high-water mark for a street-legal 240Z, and the SCM Pocket Price Guide listed the 240Z with a price range of $8,000–$14,000. For a while, it looked like prices would go much higher. It was only five months later that a seller refused a $52,000 bid for a similar car. (SCM Platinum Auction Database # 6797382). This year, however, a $44,800 sale price is well within the ballpark for a well-restored 240Z. This year’s price guide lists a $35,000 median price for these cars. The current high price paid for a street 240Z is $67,100 (SCM# 6892199), bid this past January at Barrett-Jackson Scottsdale. The rest of the market is predictably all over the place, with sales ranging from $12,000 (SCM# 6908208) to $55,000 (SCM# 6892200) in 2019. It’s fair to say that all this activity points to a maturing market for the early 240Z — and, to a lesser extent, for all the original Z-cars that followed through 1978. The past four years have not shown unusual appreciation, so no one could call it a bubble market. Instead, the 240Z market looks like a sober recognition of consensus on values. The obvious choice When it comes to Japanese sports cars, the 240Z is an obvious choice for a bellwether model. The 240Z was Datsun’s breakthrough model because it was good-looking, affordable and offered better performance than its competition. Datsun buyers got four-wheel independent suspen- 104 Sports Car Market sion, a 6-cylinder overhead-cam engine rated at 151 horsepower, and a sport interior wrapped in a package that was at least as attractive as anything coming from the British, Germans or Italians. Datsun also undercut the Europeans on price rather significantly. At $3,526, a 240Z was a little more than half the price of a base 1970 Porsche 911T — or the same price as a base Porsche 914. Another reason the 240Z is a good touchstone is that there were enough of them made to maintain a real market. Datsun sold 16,215 examples of the 240Z in 1970, and 33,684 in 1971. Then Datsun really got rolling, selling 52,628 in 1972 and 45,588 in 1973. Other contemporary Japanese jewels, such as the Mazda 110S Cosmo Sport or the Toyota 2000GT, may sell for much more, but finding one to buy is the bigger challenge. Among 240Z aficionados, there’s special respect for the Series 1 cars, produced through the middle of the 1971 model year. These are easily

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Details Years produced: 1970–73 Number produced: 148,115 Original list price: $3,526 Current SCM Median Valuation: $35,000 Tune-up cost: $200 Chassis # location: Right-side firewall Engine # location: Right-side inner fender Club Info: Classic Z-Car Web: Alternatives: 1965–74 MGB-GT, 1971–74 Alfa Romeo Spider 2000, 1969–76 Triumph TR6 SCM Investment Grade: B Comps identified by the air vents located towards the bottom of the hatch, under the rear window. Those vents were deleted because of a tendency to pull exhaust fumes into the cabin. Later 240Z models are known as Series 2, but the distinction doesn’t seem to affect sale prices much. A clean restoration Our subject 240Z was the recipient of a detailed res- toration, with a few light modifications for drivability. The restorer has a long history with Datsuns and was able to correct earlier modifications such as the popular habit of inserting a 280Z engine block when the original 2.4-liter got tired. In addition to putting a correct engine back in the car, the restorer used a later fuse block and electronic ignition. Both of those are nearly invisible upgrades that enhance reliability. The only questionable choice was to reupholster the original vinyl seats with cloth inserts for comfort. In the grand scheme of things, that’s hardly a flogging offense. Then, like the vast majority of 240Zs on the road today, the car has period-correct aftermarket dish mags instead of the admittedly dowdy original steel wheels. The highest praise should be reserved for the decision to stick with the correct Sunshine Yellow color, instead of opting for something more appealing to today’s sensibilities. Great expectations Taken in the context of all 240Z sales in 2019, this sale was right on the money. However, Bonhams estimated the car would sell for $50,000 to $70,000 — and offered Among 240Z aficionados, there’s special respect for the Series 1 cars, produced through the middle of the 1971 model year. These are easily identified by the air vents located towards the bottom of the hatch, under the rear window. the car with no reserve. Whether it’s because of unrealistic seller expecta- tions or reluctant buyers, missed estimates were the story of the week in Monterey. Taking that into account, the buyer seems to have dodged inflation but still paid a fair price for the quality of the car offered. ♦ Jeff Zurschmeide started writing for SCM in 2013, and now he’s one of our most-prolific contributors. Executive Editor Chester Allen dreams of buying — or stealing — Zurschmeide’s outstanding GMC pickup. High Auction Sales for the Past Five Years $80,000 1971 Datsun 240Z $61,240 $60,000 $40,700 $40,000 $20,000 $0 November 2019 $45,588 This sale: $44,800 $52,250 $48,400 1971 Datsun 240Z custom coupe Lot 4085, s/n HLS3014222 Condition 1- Not sold at $55,000 Russo and Steele, Newport Beach, CA, 6/8/18 SCM# 6872551 1972 Datsun 240Z coupe Lot 132, s/n HLS3067615 Condition 2 Sold at $36,850 Barrett-Jackson, Palm Beach, FL, 4/11/19 SCM# 6899769 1973 Datsun 240Z coupe Lot 453, s/n HLS30124980 Condition 2+ Sold at $40,700 Barrett-Jackson, Scottsdale, AZ, 1/12/19 SCM# 6891044 2014 2015 2016 2017 2018 105

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Next Gen Market Moment Courtesy of Mecum Auctions 1991 BMW 318is Coupe Everyone loves to drive a slow car fast, whether it’s a 1990s BMW or a 1970s Alfa Romeo Sold at $44,000 Mecum Auctions, Monterey, CA August 16, 2019, Lot F20 Chassis number: WBAAF9311MEE67657 SCM Condition for this car: 1- A s an SCM employee who falls solidly into the Millennial category, I often hear criticism of the cars my generation enjoys and appreciates. The most common is that our favorite cars can be driven fast without any skill or finesse — thanks to modern safety aids and an overabundance of power. This means some people think we are not “really driving.” The conversation always ends with the classic phrase: “I’d rather drive a slow car fast than a fast car slow.” Well. Many of the cars us “Youngtimers” covet are not, in fact, self-driv- ing Teslas with lane assist and auto braking — or 700-hp turbocharged monsters. Further, car enthusiasts of all generations agree that pushing a slow car to its limits is a blast. We just happen to like different “slow” cars. Instead of a Fiat Spider or Porsche 356, a Gen X or Millennial buyer is more likely to snag a car like this upgraded BMW 318is coupe. This Bimmer sold at Mecum’s Monterey auction for a healthy $44k. This is a big price, but it is worth it because this car is the complete package — with the added street cred of being displayed at SEMA. Sitting on big BBS wheels and rocking a slightly aggressive stance with gleaming orange paint, it is the adult version of the high-school car we scrounged together at 16. Usability is key Most importantly, this car can be driven every day. This is a big deal for my generation, as we want to drive our cars more than once a month. In fact, with upgraded suspension, brakes, exhaust and sound system, we would want to drive this daily. This BMW’s 1.8-liter inline 4-cylinder engine sends power through a 5-speed manual, which makes the car the perfect balance of fun and sensibility. There is enough oomph to be fun without dying, and yet the car is analog enough to be driven instead of chauffeured. The driver of this BMW is comfortable taking back roads and carv- ing through hills or wading through freeway traffic without worrying about sub-par brakes and/or wimpy acceleration. Same idea, different decade. The reality is this BMW 318 and a 1970s Alfa Romeo GTV carry the same concept. Both cars are smaller coupes with modest power and a sporty feel. Add on some aftermarket parts, and the driving experience becomes even more incredible. It doesn’t matter if you are spending $45k on a vintage Alfa or a 1990s BMW — we are all after the same experience: Racing down the perfect road with four cylinders snarling as we drive our slow cars fast. — Chad Taylor ♦ 106 Sports Car Market

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Next Gen Rising Sun Recent Sales of Significant Japanese Cars That Are Market Leaders — or Future Collectibles by Brian Baker 1989 and 1991 Honda CRX Si #22436 and #21534. S/N JHMED936XKS006652 and JHMED9369MS012395. 27,000 miles and 32,500 miles. “1.6-liter inline 4, 5-speed manual gearbox.” Condition: 1. SOLD AT $27,500 (’89) and $33,600 (’91). Bring a Trailer, 8/30/2019 and 8/2/2019. Brian’s take: We are finally starting to see the CRX appreciated at auction. Previously known as the Civic CRX or Civic Renaissance Experimental, the second generation takes the core idea and expands on it. Both of these 2-seater hot hatches have been well preserved, un- like many CRXs out there. The Frost White 1991 car has the later-year trim, taillights, front bumper, wheels and interior bits, where the Flint Black 1989 car has the earlier versions of them. The 1991 car is slightly modified with the rear louvers and aftermarket stereo, and the ’89 looks like it just rolled off the showroom floor. The 1989 car even has the hard-to-find stock floor mats, which are still in their original plastic bags! Either one of these cars is a great example of what a top CRX should be. 1999 Honda Civic Si #21413. S/N IHGEM1159XL072027. 52k miles. “1.6L B16A2 VTEC inline 4, 5-speed manual transmission, Electron Blue over dark gray, Tanabe Medallion exhaust, modified suspension, new tires, service records.” Condition: 2. SOLD AT $12,750. Bring a Trailer, 7/30/2019. Brian’s take: The sixth-gen Si coupe is popular at auction. This exact car was sold on Bring a Trailer two years ago for $10,500. Since then, the owner added aftermarket rear lower control arms, Type R rear sway bar and a rear ASR subframe brace — along with a Tanabe exhaust, while putting 3,000 miles on it. All of these parts are of good quality, but they aren’t the reason the car sold for $2,000 more this time around. Yet other examples sell in the $15k to $20k range. An accident on record and a little rust on the underside are dings on the car’s value. Cars in this condition and trim level are great examples of a collector Civic. Well bought. 1994 Toyota MR2 #22344. S/N JT2SW21N9R0021559. 81k miles. 2.2-liter inline 4, 5-speed manual transmission, Super Red over Charcoal cloth, tinted glass T-top panels, PIAA driving lights. Condition: 2+. SOLD AT $11,000. Bring a Trailer, 8/28/2019. Brian’s take: The first-gen MR2 was considered a competitor to the CRX. Unlike the CRX, the MR2 has a mid-engine design and rearwheel drive. This second gen built off of the original design and offered a T-top, 2.0 turbo engine, staggered wheels and a better interior. This car is a fairly original example. The previous owner added a “wood trim” dash kit and fog lights. These mods appear reversible, so no big issues. Well sold and well bought. ♦ 108 Sports Car Market

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AUCTIONS IN THIS ISSUE $107m RM Sotheby’s, Monterey, CA, p. 116 $77m Gooding & Co., Pebble Beach, CA, p. 126 $32m Bonhams, Carmel, CA, p. 136 $30m Mecum, Monterey, CA p. 148 $7m Russo and Steele, Monterey, CA p. 160 $1.6m Worldwide, Pacific Grove, CA p. 170

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The world’s most expensive used-car lot? Nope, just the RM Sotheby’s pre-auction lineup at the Portola Hotel & Spa in Monterey Photo by Dave Tomaro November 2019 111

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Market Reports Monterey Overview If You Want Panic, Go Find Chicken Little The collector-car market will continue along despite a 32% decline in year-to-year Monterey Car Week sales totals by Chad Tyson Playing with cars, big or small, has its ups and downs A s a kid, I played with Hot Wheels toy cars. Perhaps you had Matchbox cars, but those were a little too stodgy for a kid in the ’90s. Give me the HW Power Pistons or Speed-A-Saurus over the Matchbox police Jaguar XJ6 any day (although their Tailgator car was fun). Either way, it was just playing with cars — jumping Broncos and Blazers between the couch and coffee table or sending Corvettes and hydroplanes down a custom ramp (okay, 2x6) on the stairs and out the door. In my time on our little blue planet, I’ve been enough of an adult to see and understand the Dot-com bubble, whatever the hell was going on in Italy, Spain and Greece in the last decade, and the 2007–09 financial crisis that led to the Great Recession. I’m 34 years old, as I was born in February 1985. So it wasn’t quite last night, even if it was a few nights after most of SCM’s readers. Now, lucky for me, I was too young and poor to have any assets go up in smoke during any of those times. (Well, except that one toy car I doused in kerosene, subsequently learning how to snuff out a fire without an extinguisher. RIP, old blanket.) But I remember a friend of the family staying with us after losing her house in the early ’90s. “S&L” was mentioned a time or two during that stay. I also remember a number of my own friends, who had good-paying jobs much earlier than I managed to do so, buying their first houses from 2004 to ’07. Only one of them made it through the Great Recession while keeping his house. How bad was it? Monterey Car Week sales dropped by 32% from 2018 to 2019 ($374.4m down to $254.5m). It’s the biggest year-to-year overall market drop we’ve ever measured here at SCM. However, this is not the same as those other things. The per-company drops ranged from 14% to 80% from the year prior, with dollar drops ranging from $1.35m to $50.8m. Again, although those declines are significant, there are no guarantees when it 112 comes to selling cars. I see this as a correction — one that’s been necessary for years now. The collector-car market growth since the Great Recession ended is gobsmackingly remarkable. Using a few market foundational points, we can see that in 2010, the Arizona Auction Week totals were $126.5m (which excludes Russo and Steele due to the wind storm that tore up their tents), Amelia Island summed in at $35.4m (with just RM and Gooding as the auction companies), and the Monterey Car Week total sat at $171.8m. Fast-forward to 2019 and we’re sitting at $246.5m, $79.5m and $254.5m, respectively. That translates to total growth rates of 94.9%, 124.6% and 48%. This is the lowest overall total from Monterey Car Week since 2011, when the total came to $194.8m. I think it’s really important to point out a number that perhaps en- capsulates why sales have fallen off a moderate cliff in Monterey: The average price per car during the Arizona auctions has only twice ever risen above $100,000 (why, yes, it was in 2014 and 2015, you astute SCM reader, you). This was the first year in Monterey that the average car price dropped under $400k since 2012 (when a motorcycle-only auction was still a thing). The world keeps spinning Each of us reading this woke up the next day and continued on; same with the day after that, and the day after that. Perhaps this is a little callous for individuals who either didn’t make the money expected or actually lost coin during the week. Still, those are the breaks in our chosen economic system. Hopefully, an event like this shakes loose the speculators, investors and those who only see in dollar signs from our hobby. Let them pour their money into Bitcoin (or has that finally collapsed between me writing this and you reading it?) or whatever the next economic bubble is going to be. I just want to keep playing with cars. ♦ Sports Car Market Jim Pickering

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$160m $150m $130m $140m $120m $100m $110m $80m $90m $70m $60m $50m $40m $30m $20m $10m $0 Sales Totals 2019 2018 2017 2016 2015 Market Reports Monterey Overview 2015 Top Sales by Year 1964 Ferrari 250 LM coupe $17,600,000 RM Sotheby’s 2016 1955 Jaguar D-type Ecurie Ecosse racer $21,780,000 RM Sotheby’s 2017 Bonhams RM Sotheby’s Russo and Steele Gooding & Co. Mecum Auctions 2015 Yearly Sold / Offered Summary 2016 2017 Bonhams 99 / 109 (91%) $45,938,738 RM Sotheby’s Russo and Steele Gooding & Co. Mecum Auctions Worldwide 129 / 150 (86%) $167,334,500 130 / 210 (62%) $10,353,258 115 / 129 (89%) $128,098,000 387 / 658 (59%) $45,008,293 — 101 / 115 (88%) $34,642,800 82 / 100 (82%) $117,925,000 128 / 228 (56%) $10,870,000 114 / 138 (83%) $129,780,950 344 / 706 (49%) $50,141,206 — 87 / 109 (80%) $55,876,900 103 / 116 (89%) $132,790,950 114 / 201 (57%) $8,539,800 107 / 133 (80%) $91,449,600 327 / 643 (51%) $33,531,880 51 / 74 (69%) $7,407,750 $396,732,789 $343,359,956 $329,596,880 Worldwide 2018 110 / 135 (81%) $37,621,910 125 / 150 (83%) $157,931,940 106 / 201 (53%) $8,464,110 122 / 146 (84%) $116,502,500 362 / 697 (52%) $45,691,975 42 / 60 (70%) $8,205,000 $374,417,435 2019 168 / 220 (76%) $32,258,040 135 / 184 (73%) $107,137,710 69 / 146 (47%) $7,110,110 111 / 139 (80%) $76,788,900 286 / 574 (50%) $29,574,175 20 / 37 (54%) $1,614,250 Total Sold / Offered 860 / 1,256 (68%) 769 / 1,287 (60%) 789 / 1,276 (62%) 867 / 1,389 (62%) 789 / 1,300 (61%) Total Sales $254,483,185 Top 10 Sales This Issue (Land Auctions Only) 1. 1994 McLaren F1 LM specification coupe, $19,805,000—RM Sotheby’s, CA, p. 118 2. 1958 Ferrari 250 GT LWB California Spyder, $9,905,000—Gooding & Co., CA, p. 134 3. 1962 Ferrari 250 GT SWB berlinetta, $8,145,000—RM Sotheby’s, CA, p. 122 4. 1965 Ford GT40 prototype roadster, $7,650,000—RM Sotheby’s, CA, p. 124 5. 1958 Ferrari 250 GT Series I cabriolet, $6,800,000—Gooding & Co., CA, p. 134 6. 1965 Aston Martin DB5 Bond Car coupe, $6,385,000—RM Sotheby’s, CA, p. 118 7. 1975 Ferrari 312T racer, $6,000,000—Gooding & Co., CA, p. 135 8. 1960 Porsche 718 RS 60 Werks racer, $5,120,000—RM Sotheby’s, CA, p. 122 9. 1958 Ferrari 250 GT Tour de France coupe, $5,100,000—Gooding & Co., CA, p. 132 10. 1951 Ferrari 340 America Speciale coupe, $3,635,000—Bonhams, CA, p. 142 November 2019 1966 Ferrari 330 GTC coupe, $450,500—Bonhams, CA, p. 144 1960 Lancia Flaminia GT convertible, $86,800—RM Sotheby’s, CA, p. 122 1970 Porsche 911T Sportomatic coupe, $46,750—Worldwide Auctioneers, CA, p. 176 1963 Alfa Romeo Giulia Spider, $33,600—Bonhams, CA, p. 143 1972 Honda Z600 coupe, $4,510— Russo and Steele, CA, p. 168 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 113 Best Buys 1962 Ferrari 250 GTO Series II berlinetta $48,405,000 RM Sotheby’s 2019 1956 Aston Martin DBR1 roadster $22,550,000 RM Sotheby’s 2018 1994 McLaren F1 LM specification coupe $19,805,000 RM Sotheby’s Dave Tomaro

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Market Reports Monterey Overview Buy/Sell/Hold Simon says a Ferrari Daytona and a V8 Vantage should be in your future by Simon Kidston Buy: Ferrari 365 GTB/4 “Daytona” Maranello’s big, brutish GT has fallen from favor compared to its market peak, yet it’s still the last of an era of powerful, luxurious front-engined V12s and boasts impeccable race credentials too. Sure, lots of them were headed Stateside, so they are blighted with ugly side repeaters and emasculating anti-smog gear, but find a European-market Berlinetta in a cool original color (Rosso of any kind is off-limits), better still if with “Plexi” headlights and a nice history, and you’ll own a serious vintage Ferrari for less than some of the “divorced orthodontist” new kit they’d like to sell you. n Martin V8 Vantage rey wasn’t kind to the Aston market, and Brexit panic around a marque whose sale and n roots are firmly cemented in the U.K. doesn’t help, either. For years collectors have fawned B series of 6-cylinder cars, largely ignoring anything built after the David Brown era. New om a different generation, and grew up with 1980s James Bond — not Connery. Look for the final series of V8 Vantages, built from 1986 to 1989, nicknamed the X-Pack. Make sure it’s an original manual version in a great color, and not a U.S.-market car (sorry, you didn’t get the Full-Fat motor — thanks, Mr. Nader). Either RHD or, better still, LHD will do — just not converted, please. Porsche 911 Carrera RS 2.7 These have taken a hammering in the market slowdown — and rightly so. They often led long, hard lives, so plenty of the 1,500-plus built have been crashed, re-engined, re-shelled, re-everythinged in some cases (beware fakes). But get behind the wheel of a good one — the earlier the better, as like humans, they gained weight later — and you’ll know why drivers rave about them. The best all-around classic of any era for my money. l: Porsche 911R This was a prime example of manufacturers cashing in on their back catalog and taking eculators to the cleaners. Sure, it’s a brilliantly engineered car, but which new Porsche isn’t? s Steve Serio said recently, “Anything built to be a collectors’ item rarely is.” Sell without grets — there will always be another limited-edition Porsche/Ferrari/[insert brand name at ll] around the corner. Ferrari 330 GTC Yes, it was described as the “best all-round V12 Ferrari” when racing ace Paul Frère sted it, but it was aimed at the Commendatore, not the playboy, and just feels a little senible by classic Ferrari standards. Easy to live with, and it exudes good taste, but the market kes a bit more sex appeal. ket Reports Monterey Overview Buy/Sell/Hold Simon says a Ferrari Daytona and a V8 Vantage should be in your future by Simon Kidston Buy: Ferrari 365 GTB/4 “Daytona” Maranello’s big, brutish GT has fallen from favor compared to its market peak, yet it’s still the last of an era of powerful, luxurious front-engined V12s and boasts impeccable race credentials too. Sure, lots of them were headed Stateside, so they are blighted with ugly side repeaters and emasculating anti-smog gear, but find a European-market Berlinetta in a cool original color (Rosso of any kind is off-limits), better still if with “Plexi” headlights and a nice history, and you’ll own a serious vintage Ferrari for less than some of the “divorced orthodontist” new kit they’d like to sell you. n Martin V8 Vantage rey wasn’t kind to the Aston market, and Brexit panic around a marque whose sale and n roots are firmly cemented in the U.K. doesn’t help, either. For years collectors have fawned B series of 6-cylinder cars, largely ignoring anything built after the David Brown era. New om a different generation, and grew up with 1980s James Bond — not Connery. Look for the final series of V8 Vantages, built from 1986 to 1989, nicknamed the X-Pack. Make sure it’s an original manual version in a great color, and not a U.S.-market car (sorry, you didn’t get the Full-Fat motor — thanks, Mr. Nader). Either RHD or, better still, LHD will do — just not converted, please. Porsche 911 Carrera RS 2.7 These have taken a hammering in the market slowdown — and rightly so. They often led long, hard lives, so plenty of the 1,500-plus built have been crashed, re-engined, re-shelled, re-everythinged in some cases (beware fakes). But get behind the wheel of a good one — the earlier the better, as like humans, they gained weight later — and you’ll know why drivers rave about them. The best all-around classic of any era for my money. l: Porsche 911R This was a prime example of manufacturers cashing in on their back catalog and taking eculators to the cleaners. Sure, it’s a brilliantly engineered car, but which new Porsche isn’t? s Steve Serio said recently, “Anything built to be a collectors’ item rarely is.” Sell without grets — there will always be another limited-edition Porsche/Ferrari/[insert brand name at ll] around the corner. Ferrari 330 GTC Yes, it was described as the “best all-round V12 Ferrari” when racing ace Paul Frère sted it, but it was aimed at the Commendatore, not the playboy, and just feels a little sen- ible by classic Ferrari standards. Easy to live with, and it exudes good taste, but the market kes a bit more sex appeal. See See comments above about speculator specials. I tested one last month versus a Carrera GT in Dubai. Impressive, fast (so is a 2019 Golf), but a motor derived from the Cayenne — and cup holders? Puh-lease. ld: Lamborghini Countach A dynamic disaster but no sensible person buys a classic for practicality. Looks that still wow kids and solvent adults almost 50 years after it first appeared, and we all had posters of them on our walls. An all-time classic whether we like it or not (although better to drive if you’re still schoolboy-sized). aguar E-type 3.8 With some 78,000 made, not all E-types were created equal. You want the very first del built, the 3.8 Series 1, ideally with flat floor and external bonnet locks, but above all estored or original condition and in a great original color (not red). Svelte, fast, vaguely h built-to-a-budget way, and very cool. It’ll never be your retirement ticket, but just look at Overview Buy/Sell/Hold Simon says a Ferrari Daytona and a V8 Vantage should be in your future by Simon Kidston Buy: Ferrari 365 GTB/4 “Daytona” Maranello’s big, brutish GT has fallen from favor compared to its market peak, yet it’s still the last of an era of powerful, luxurious front-engined V12s and boasts impeccable race credentials too. Sure, lots of them were he ket Reports Monterey Overview Buy/Sell/Hold Simon says a Ferrari Daytona and a V8 Vantage should be in your future by Simon Kidston Buy: Ferrari 365 GTB/4 “Daytona” Maranello’s big, brutish GT has fallen from favor compared to its market peak, yet it’s still the last of an era of powerful, luxurious front-engined V12s and boasts impeccable race credentials too. Sure, lots of them were headed Stateside, so they are blighted with ugly side repeaters and emasculating anti-smog gear, but find a European-market Berlinetta in a cool original color (Rosso of any kind is off-limits), better still if with “Plexi” headlights and a nice history, and you’ll own a serious vintage Ferrari for less than some of the “divorced orthodontist” new kit they’d like to sell you. n Martin V8 Vantage rey wasn’t kind to the Aston market, and Brexit panic around a marque whose sale and n roots are firmly cemented in the U.K. doesn’t help, either. For years collectors have fawned B series of 6-cylinder cars, largely ignoring anything built after the David Brown era. New om a different generation, and grew up with 1980s James Bond — not Connery. Look for the final series of V8 Vantages, built from 1986 to 1989, nicknamed the X-Pack. Make sure it’s an original manual version in a great color, and not a U.S.-market car (sorry, you didn’t get the Full-Fat motor — thanks, Mr. Nader). Either RHD or, better still, LHD will do — just not converted, please. Porsche 911 Carrera RS 2.7 These have taken a hammering in the market slowdown — and rightly so. They often led long, hard lives, so plenty of the 1,500-plus built have been crashed, re-engined, re-shelled, re-everythinged in some cases (beware fakes). But get behind the wheel of a good one — the earlier the better, as like humans, they gained weight later — and you’ll know why drivers rave about them. The best all-around classic of any era for my money. l: Porsche 911R This was a prime example of manufacturers cashing in on their back catalog and taking eculators to the cleaners. Sure, it’s a brilliantly engineered car, but which new Porsche isn’t? s Steve Serio said recently, “Anything built to be a collectors’ item rarely is.” Sell without grets — there will always be another limited-edition Porsche/Ferrari/[insert brand name at ll] around the corner. Ferrari 330 GTC Yes, it was described as the “best all-round V12 Ferrari” when racing ace Paul Frère sted it, but it was aimed at the Commendatore, not the playboy, and just feels a little sen- ible by classic Ferrari standards. Easy to live with, and it exudes good taste, but the market kes a bit more sex appeal. See comments above about speculator specials. I tested one last month versus a Carrera GT in Dubai. Impressive, fast (so is a 2019 Golf), but a motor derived from the Cayenne — and cup holders? Puh-lease. ld: Lamborghini Countach A dynamic disaster but no sensible person buys a classic for practicality. Looks that still wow kids and solvent adults almost 50 years after it first appeared, and we all had posters of them on our walls. An all-time classic whether we like it or not (although better to drive if you’re still schoolboy-sized). aguar E-type 3.8 With some 78,000 made, not all E-types were created equal. You want the very first del built, the 3.8 Series 1, ideally with flat floor and external bonnet locks, but above all estored or original condition and in a great original color (not red). Svelte, fast, vaguely h built-to-a-budget way, and very cool. It’ll never be your retirement ticket, but just look at You You thought the E-type was unreliable? Hah! Meet the EB110. Four turbos, four valves per cylinder, four-wheel drive, and the maker went spectacu- larly bust before you could say “warranty claim.” Still, it’s got all the right names involved in its creation (Stanzani and Gandini for starters), goes like a bat out of hell when working (ask Donald Osborne) and at 1/20th the price of an F1, it’s a keeper. 114 Sports Car Market BUY SELL HOLD

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RM Sotheby’s Monterey, CA RM Sotheby’s — Monterey 2019 One of the major highlights was the 1965 DB5 “Bond Car” that realized $6,385,000 Company RM Sotheby’s Date August 15–17, 2019 Location Monterey, CA Auctioneer Maarten ten Holder Automotive lots sold/offered 135/184 Sales rate 73% Sales total $107,137,710 High sale 1994 McLaren F1 LM coupe, sold at $19,805,000 Buyer’s premium 12% on first $250,000; 10% thereafter, included in sold prices “The Most Famous Car in the World” — 1965 Aston Martin DB5 Bond Car coupe, sold at $6,385,000 Report and photos by Carl Bomstead Market opinions in italics with close to 40 being offered. The highlight of the first session was the 1965 DB5 “Bond Car” that realized $6,385,000. All went well until late on Saturday, when the R 116 featured 1938 Porsche Type 64 crossed the block. The estimate on the car was $19m–$22m, so when the opening bid of $13 million was misunderstood as $30 million by the person posting the bids, someone should have realized all was not right. The error was compounded as the $17 million bid was posted as $70 million before auctioneer Maarten ten Holder realized the mistake. He corrected the error, but some left the room in disgust, claiming unsavory dealing by RM Sotheby’s. Yes, the Dutch auctioneer can be difficult for some to understand on occasion, but others on staff should have realized what was occurring. Having covered RM auctions for years, I’m sure that it was nothing more than an honest — and unfortunate — mistake. The error, however, cast a pall over an otherwise suc- M Sotheby’s presented a three-day extravaganza at the recently remodeled Monterey Conference Center, offering 189 vehicles of all descriptions. The first evening was devoted to Aston Martins, cessful event. There is no doubt that the high-end collector-car market is going through an adjust- ment, as 21 cars were bid to over a million dollars and failed to find new homes. On the other hand, about the same number did sell for over a million — including the 1994 McLaren F1 LM-specification coupe that realized a record-setting $19,805,000. The smallest car at the auction was a 1964 Peel Trident that weighted only 330 pounds. It was one of only 45 produced and sold for $67,200 — slightly over $200 a pound. Cute as heck, but rather expensive on a per-pound basis. In the postmortem dialogues of the Monterey auctions, much was written about the pending demise of the collector-car market. Most was from a financial perspective rather than from looking behind the numbers. Yes, RM Sotheby’s was off by about $50 million from last year, but pull out the $48 million sale of the 250 GTO, and things are more on a par. More cars were offered this year and the sell-through was a bit less, but if just a handful of the million-dollar cars previously mentioned had sold, this would have looked a whole lot different. Eyes will certainly be on the Arizona auctions to see which way the wind blows. I’m willing to bet all will be right with the world. ♦ Sales Totals $180m $150m $120m $90m $60m $30m 0 2019 2018 2017 2016 2015 Sports Car Market

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RM Sotheby’s Monterey, CA ENGLISH #233-1950 JAGUAR XK 120 Aluminum roadster. S/N 67012. White/red leather, tan fabric. Odo: 84,359 miles. One of only 184 left-hand-drive alloy roadsters built. Born mechanical restoration, but interior and body as-found. Participated in 2013 Mile Miglia. The DB2/4 Mk ll was the first Aston Martin to be built at Newport Pagnell. Leather interior rather tattered and body a bit rough, but that’s the way it was discovered. Cond: 4+. SOLD AT $302,000. Price paid was a bit light, but very original, unrestored cars have a limited market. I just hope the new owner keeps it as-is. with Pastel Blue livery and resprayed in 1970s. Original body and framework. Seating a bit worn. Wears rear spats since no wires. JDHT certificate documents original motor and gearbox. A desirable XK 120 roadster. Cond: 2-. SOLD AT $207,200. Sold for less than anticipated, but the condition was a bit lacking. Allin-all about right, even if it sold nearly $75k under low estimate, so no issue here. Will be a hit at the next All British Field Meet. #129-1953 ASTON MARTIN DB3S Works racer. S/N DB3S2. Green/green leather, red plaid cloth. RHD. A very original Works DB3S and the second of only 10 that have survived. Extensive racing history; owned and raced by Peter Collins. Full windscreen and passenger’s door added at later date. Restored to Works specifications and properly maintained since. Retains original chassis, engine and body. Cond: 2+. #303-1964 PEEL TRIDENT microcar. S/N E127. Red/black vinyl. MHD. One of only 86 Tridents built. Plastic top lifts forward for entry. The 49-cc motor creates more noise than power. Well researched by former Peel employee. Restored over four-year period between 1998 and 2002. Advertised as delivering 100 mpg and “almost cheaper than walking.” Produced on the Isle of Man. Cond: 2+. owner will at least display it frequently. (See profile, p. 90.) #276-1967 JAGUAR E-TYPE Series I 4.2 convertible. S/N 1E14936. Opalescent silver blue/dark blue canvas/black leather. Odo: 44,985 miles. An older restoration that was placed in long-term storage. Recent mechanical work and respray in original silver blue. A Series I with covered headlamps and larger 4.2-L motor. Complete with Jaguar Heritage Trust certificate. Cond: 2+. SOLD AT $120,400. This was last seen at RM Sotheby’s May 2016 Monte Carlo sale, where it realized $153,987 (SCM# 6809560). Times have changed and seller took a hit, as it sold well below expectations. It all resulted in a desirable Series I at a reasonable price. Well bought. SOLD AT $67,200. On a price-per-pound basis just may be the most expensive car in the auction. Cute as all get out—will certainly cause a commotion wherever it goes. NOT SOLD AT $7,500,000. The final bid fell well short of expectations. A well-documented and highly original racer that was worth a bit more than what was bid here. In this market, however, it may be a while before more is offered. #116-1957 ASTON MARTIN DB2/4 Mk II coupe. S/N AM3001293. Silver/black leather. RHD. Odo: 43,556 km. Discovered in the California desert. Sent to Kevin Kay for #111-1965 ASTON MARTIN DB5 Bond Car coupe. S/N DB52008R. Snow Shadow Gray/green leather. RHD. Odo: 18,562 miles. The Bond Car—the most famous car in the world. Well, one of four from “Goldfinger.” Recent restoration with all 13 of the Ken Adam modifications refurbished and functioning including passenger’s ejector seat. Used for promotion for release of “Thunderball” too. Spent 35 years in the Smoky Mountain Car Museum. Complete with build sheet and invoices. Cond: 1-. TOP 10 No. 6 #237-1993 JAGUAR XJ 220 coupe. S/N SAJJEAEX8AX220789. Silverstone Green/ Sand leather. Odo: 9,079 km. World’s fastest production car until arrival of McLaren F1. One of only 275 produced. Monocoque chassis formed from aluminum alloy. Speedline aluminum wheels. Recent full service and documented limited use. One of the first supercars at a most reasonable price. Cond: 1-. SOLD AT $412,000. This was last seen at RM Sotheby’s January 2019 Arizona sale, where it failed to sell when bid to $375,000 (SCM# 6893266). With commissions, travel and other expenses, the seller did not seem to gain much ground over the first offer. Sold for the expected price, so all square here. SOLD AT $6,385,000. What is too much to pay for “The Most Famous Car in the World”? A piece of motoring history and will always be recognized. At least two bidders had to own this and money was no object. Went for $1.78m more than the last “Bond Car” to sell at RM’s 2010 London sale. I hope it is displayed in a museum again, or that the new 118 #261-1994 MCLAREN F1 LM specification coupe. S/N SA9AB5AC1R1048018. Silver metallic/tan leather. MHD. Odo: 21,439 km. One of 64 road cars built and one of only two modified by factory to LM specification. Powered by BMW V12. Returned to factory in 2000 for upgrade and respray. Air conditioning upgraded and radio added to CD player. Has been driven on three McLaren F1 owners’ club tours. Has been regularly serviced as part of MSO program. Unusual center driver’s seating. Cond: 1-. SOLD AT $19,805,000. Sold for a touch under the low estimate, but still a significant TOP 10 No. 1 Sports Car Market

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RM Sotheby’s Monterey, CA FRENCH transaction. The world’s fastest naturally aspirated production car, with record of 240 mph set in 1998. New owner has bragging rights: This price is an auction record for the marque, as four bidders vied for the car. #275-2016 JAGUAR F-TYPE Project 7 convertible. S/N SAJWA7A88GMK28188. British Racing Green/black canvas/black leather. Odo: 4,879 miles. The Project 7 name alludes to Jaguar’s seven victories at 24 Hours of Le Mans. Only 250 produced, with 50 headed to the U.S. Could be ordered in a number of colors, but British Racing Green is the best option. Priced at $176k when new. Limited mileage and offered in as-new condition. Cond: 1. #349-1947 DELAHAYE 135 M cabriolet. S/N 800538. Sage Green/dark green fabric/ green leather. RHD. Odo: 66,794 km. A recent cosmetic restoration in attractive livery with coachwork by Chapron. M-specification engine with triple carburetors. Fitted with Cotal pre-select transmission. Delightful wood on dash and doors with appealing green leather seating. A CCCA Full Classic. Cond: 1-. mph—at one point a world-record speed. Only showing 1,527 miles. Displayed at numerous concours events. In as-new condition. From the Lingenfelter Collection. Cond: 1. SOLD AT $1,050,000. Sold for a touch below the asking price of several examples currently on market. Supercar market is crowded of late, so knowledgeable seller took what was on the table. GERMAN SOLD AT $434,000. Pushes all the buttons and checks all the boxes. Surely a contender on the show field or a treat to drive on a tour. An older restoration that was recently brought up to snuff. Sold for a touch over expectations but worth every penny. #205-1958 FACEL VEGA FVS Series 4 coupe. S/N FV457H41. Silver/red leather. One of only 67 built. Interesting styling with a Chrysler Hemi under the hood. Equipped with Chrysler push-button transmission. Received a quality restoration in 2012. One of only 36 with said Typhoon Hemi. Cond: 1-. SOLD AT $140,000. This isn’t quite a supercar, but it’s certainly a supercharged sports car. There is a glut of high-performance cars on the market and only the most exciting show much of a return. Offered at no reserve, this cost the seller about $10k a year to have bragging rights in his garage. #323-2019 MCLAREN SENNA coupe. S/N SBM15ACA0KW800434. Victory Grey/ black Alcantara. Odo: 105 miles. The fastest McLaren ever built. One of only 500 produced, with state-of-the-art aerodynamics. Powered by V8 motor with twin-scroll turbochargers. Only a few hundred Sennas were brought to United States. A new car with delivery miles. Cond: 1. SOLD AT $263,200. You could nearly set a watch to this thing; well, maybe a sundial. Every two years, this car comes to auction. This was last seen at RM Sotheby’s 2017 Phoenix sale, where it sold for $247,500 (SCM# 6816827). In 2015, it showed up at RM Sotheby’s Monterey sale. There it sold for $187,000 (SCM# 6796703). Prior to that, it was at RM’s August 2013 Monterey sale, where it realized $302,500 (SCM# 6732376). Times have changed and seller did better than some of the other ones in this car’s past. A niche car with a deep and narrow market, so I think price paid was spot-on for today’s pricing. At least for the next two years. #236-2008 BUGATTI VEYRON 16.4 NOT SOLD AT $1,200,000. The super/hypercar marker is rather crowded of late, and not all who want to cash in are going to be successful. The final bid here was off the mark by a fair amount, so home it goes. Time will tell if there is a profit here. 120 coupe. S/N VF9SA25C38M795081. Black Blue Metallic & Dark Bugatti Blue/Havana leather. Odo: 1,527 miles. The original allwheel-drive, 1,001-horsepower supercar. Powered by W16 engine boosted by four turbochargers. Rides on 19.5-inch silver OZ forged aluminum wheels. Top speed of 253 #362-1939 PORSCHE TYPE 64 coupe. S/N 3841. Eng. # 3843. Silver/gray leather. Odo: 4,039 km. One of three Type 64s built and the only example remaining. Was personal car for Dr. Ferdinand Porsche and son Ferry. Extensive racing history after the war. Engine modified with several iterations. Never really restored and retains many vestiges of time and use. Cond: 4+. NOT SOLD AT $17,000,000. A major OOPS as bid of $17 million was misunderstood as $70 million. When it was sorted out, the air went out of the room. The auctioneer can be difficult to understand on occasion, but the person posting the figures should have figured it out. An unfortunate situation that resulted in the Porsche not selling. #260-1956 PORSCHE 356A European coupe. S/N 55425. Fashion Grey/red leather. An early 356A that has improper 1969 912 engine. Restored in 2016, although the paint meter indicates it had been applied far too thick. One of the few that were produced with European badging. New red leather interior and scored 296/300 in PCA competition in 2016. Offered with Kardex and restoration receipts. Cond: 2+. SOLD AT $126,000. Watched this 356A sell Sports Car Market

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RM Sotheby’s Monterey, CA last year at RM Sotheby’s Monterey sale for $156,800 (SCM# 6878584). A lot has happened in a year, and seller took a $30k haircut. Hope he was able to enjoy the car, as offering it without a safety net proved costly. TOP 10 No. 8 #348-1960 PORSCHE 718 RS 60 Werks racer. S/N 718044. Eng. # 90505. Silver/red leather. One of four original Werks RS 60s produced, and most likely the only one to ever be offered. Raced at 24 Hours of Le Mans, 12 Hours of Sebring, Targa Florio and other significant venues. Restored in late ’70s and participated in numerous vintage events. Re-restored in 2015. A very historical racing Porsche. Cond: 1-. member of the family. Nonetheless, these are an inexpensive entry in to the world of vintage air-cooled Porsches. Although the color was attractive, we’ll mark this one as very well sold. ITALIAN SOLD AT $5,120,000. This was last seen at Gooding’s August 2015 sale, where it realized $5,400,000 (SCM# 6786041). I hope the seller enjoyed this exciting Porsche during his fouryear ownership, as it cost him $70k a year. New owner has a rare, wonderful Porsche at a reasonable price. #328-1965 PORSCHE 356C 1600 cabrio- let. S/N 161584. Eng. # 716617. Signal Red/ black leather. Odo: 20,217 miles. A desirable 356C with factory-optioned chrome wheels, fog lights and wood steering wheel. Restored in 2016 by marque specialist, with replaced front battery-box sheet metal. Engine fitted with big-bore kit and new leather interior installed. Minor flea bites on nose. Offered with Kardex and Porsche CoA. Cond: 1-. SOLD AT $2,700,000. One of about five A6GCSs currently on market. With that many available, buyers are going to be selective, and there were too many questions here. BEST BUY #227-1960 LANCIA FLAMINIA GT convertible. S/N 824041157. Grigio/white leather. Odo: 21,274 miles. Attractive coachwork by Touring. One of only 421 convertibles produced. Powered by robust V6, with factory disc brakes on the corners. Trim a bit pitted—although catalog stated that it had recently been redone. Recent respray along with new interior. Quad headlights are not the most attractive. Cond: 2+. SOLD AT $156,800. The 356 market is showing signs of slowing down a bit, and this delightful C sold for a bit less than expected. A few years back, $200k would not have been out of the question. New owner has an exciting example at a reasonable price. #372-1974 PORSCHE 914 2.0 convert- ible. S/N 4742920115. Olympic Blue/black vinyl. Odo: 86,420 miles. This example has been well maintained and is still powered with the correct original engine. Optional Blaupunkt radio. Single owner for 42 years. Cond: 2. SOLD AT $67,200. The 2.0 914 models had a significant power upgrade from the base models, although the VW-based engine has caused some Porsche purists to feel the 914 is not a 122 SOLD AT $86,800. Offered without a reserve, this attractive Lancia sold for well below expectations. Every transaction makes someone happy, and in this case it was not the seller. Well bought. #331-1962 FERRARI 250 GT SWB Cali- fornia Spyder. S/N 4131GT. Eng. # 4131. Rosso/beige leather. Odo: 88,491 km. A very Sports Car Market SOLD AT $8,145,000. This was last seen at Gooding’s August 2016 sale, where it failed to sell when bid to $9,300,000 (SCM# 6804282). Analyst at time felt it would do better down the line, but that was not the case, as the Ferrari market has changed in the past few years. Realistic seller took what was on the table. #244-1962 FERRARI 196 SP racer. S/N 0806. Eng. # 0806. Red/blue cloth. RHD. One of five surviving Scuderia Ferrari prototypes built for 1961–62 seasons. Extensive early racing history: driven by Pedro Rodrigues and Bob Grossman among others. Owned by a #230-1954 MASERATI A6GCS Spyder. S/N 2078. Red/black leather. Factory racer during 1954 season and raced by privateer in Argentina the following year. Currently has reproduction motor, although original is offered with car. An active participant in recent vintage events. Restored in 2013 with respray and bodywork. An impressive racer. Cond: 2+. original short-wheelbase California Spyder. The engine is the upgraded Tipo 168/61, with larger heads, that produces 280 horsepower. One of 56 produced and is equipped with steel body, open headlamps and front bumper guards. Produced as a road car. Left untouched since early ’80s, with well-maintained livery. Leather interior shows signs of age and use, with heavy cracking. An exceptional Ferrari. Cond: 2. NOT SOLD AT $9,400,000. The market for high-end Ferraris is rather selective of late. Needs to be in exceptional condition to bring the money. This was close but no cigar. #337-1962 FERRARI 250 GT SWB Berlinetta. S/N 3359GT. Grigio Argento/ red leather. Odo: 1,416 km. A properly restored, late-production example that is complete with tools and full set of books. Finished to road-going specifications. A later example equipped with front side-vent windows, redesigned dashboard and external fuel-filler cap. Restored starting in 2009 and received class award at Villa d’Este shortly thereafter. Cond: 2+. TOP 10 No. 3

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RM Sotheby’s Monterey, CA number of well-known collectors. Recent restoration to original configuration. Retains matching-numbers engine and gearbox. A significant racing Ferrari. Cond: 2+. NOT SOLD AT $7,000,000. Another victim of the weakening Ferrari market. Seller was looking for 2017 money that is not being offered in today’s market. An exciting racer, but not going anywhere at $7m. #361-1966 LAMBORGHINI 350GT coupe. S/N 0400. Light blue/black leather, blue cord. Odo: 66,734 km. A very original, unrestored-condition Lambo. The original 3.5-L V12 was swapped at some point in the past and replaced with a 4.0-L, 320-hp V12. Paint and brightwork a bit lacking, as would be expected. Recent mechanical work and stated to be a strong runner. Seats and interior reupholstered in late ’70s. One of only 120 built between 1964 and 1966. Cond: 3. SOLD AT $346,000. These have been through the cycle of being used cars and are now appreciating based on collector value. Trend should continue, as they are wonderful driving machines with recognizable cheese-grater side pods. A fair transaction that should benefit the buyer in the long run. #258-2017 PAGANI HUAYRA roadster. S/N ZA9H12UAOHSF76016. Black Mamba/ red leather. Odo: 489 miles. The 94th of only 100 Huayra roadsters built. Driven fewer than 500 miles from new. Body is carbon fiber, with V12 twin-turbocharged motor built by Mercedes-AMG. Produces 34 more horsepower than coupe and weighs 80 kg less. Zero to 60 in just 3.1 sec. Offered with fitted luggage, which was a $25,000 option. Cond: 1. Dietrich factory body tag. Fitted with new black fabric top and blackwall tires. One of four surviving Twelve Victorias from 1933. First in class at 2018 Amelia Island Concours. Cond: 1-. SOLD AT $390,000. A wonderful driving Packard Twelve: ample power and attractive body style. At home on the show field and on the road. A quality CCCA Full Classic that sold for a market-correct price. #252-1965 FORD GT40 Prototype roadster. S/N GT108. White/blue fabric. The eighth of 12 prototypes built and the only roadster to survive in its original form. Fitted with Cobra-specification 289 with Colotti T-37 transaxle. Used by Shelby for promotional purposes. Mechanical freshening in 2002 and presented at Pebble, Quail and Amelia. Minor signs of age and use. Steering wheel slightly worn but otherwise presentable. Sotheby’s Monterey, CA number of well-known collectors. Recent res- toration to original configuration. Retains matching-numbers engine and gearbox. A sig- nificant racing Ferrari. Cond: 2+. NOT SOLD AT $7,000,000. Another victim of the weaken- ing Ferrari market. Seller was looking for 2017 money that is not being offered in today’s market. An exciting racer, but not going any- where at $7m. #361-1966 LAMBORGHINI 350GT coupe. S/N 0400. Light blue/black leather, blue cord. Odo: 66,734 km. A very original, unrestored-condition Lambo. The original 3.5-L V12 was swapped at some point in the past and replaced with a 4.0-L, 320-hp V12. Paint and brightwork a bit lacking, as would be expected. Recent mechanical work and stated to be a strong runner. Seats and interior reupholstered in late ’70s. One of only 120 built between 1964 and 1966. Cond: 3. SOLD AT $346,000. These have been through the cycle of being used cars and are now ap- preciating based on collector value. Trend should continue, as they are wonderful driving machines with recognizable cheese-grater side pods. A fair transaction that should benefit the buyer in the long run. #258-2017 PAGANI HUAYRA roadster. S/N ZA9H12UAOHSF76016. Black Mamba/ red leather. Odo: 489 miles. The 94th of only 100 Huayra roadsters built. Driven fewer than 500 miles from new. Body is carbon fiber, with V12 twin-turbocharged motor built by Mercedes-AMG. Produces 34 more horse- power than coupe and weighs 80 kg less. Zero to 60 in just 3.1 sec. Offered with fitted lug- gage, which was a $25,000 option. Cond: 1. Dietrich factory body tag. Fitted with new black fabric top and blackwall tires. One of four surviving Twelve Victorias from 1933. First in class at 2018 Amelia Island Concours. Cond: 1-. SOLD AT $390,000. A wonderful driving Packard Twelve: ample power and attractive body style. At home on the show field and on the road. A quality CCCA Full Classic that sold for a market-correct price. #252-1965 FORD GT40 Prototype roadster. S/N GT108. White/blue fab- ric. The eighth of 12 prototypes built and the only roadster to survive in its original form. Fitted with Cobra-specification 289 with Colotti T-37 transaxle. Used by Shelby for promotional purposes. Mechanical freshening in 2002 and presented at Pebble, Quail and Amelia. Minor signs of age and use. Steering wheel slightly worn but otherwise presentable. TOP TOP 10 No. 4 SOLD AT $252,000. Offered at no reserve and sold within the expected range. New owner has a choice whether to restore or use as-is. Restoration would be expensive, so I’d recommend driving and having fun for now. #341-1971 FERRARI 365 GTB/4 Day- tona coupe. S/N 14189. Nero/black leather. Odo: 23,347 miles. A very original Daytona with fewer than 24,000 original miles on the clock. First delivered to Bill Harrah’s Ferrari dealership in Reno. Known history from new. Patina throughout, as expected. Cond: 3+. NOT SOLD AT $2,500,000. It would be difficult to have this in the garage and put just 500 miles on the clock in two years, but to each their own. List price of $2.4m, and all 100 were quickly spoken for. The supercar market is a bit crowded of late, with several offered at most every major auction. If you bought yours to turn and burn, you just may be in for a long road ahead. Seller was not willing to just break even. AMERICAN #267-1933 PACKARD TWELVE Series NOT SOLD AT $550,000. This was last seen at RM Sotheby’s 2016 Monterey sale, where it realized $770,000 (SCM# 6809474). Seller was not willing to take a significant haircut, so home it goes. Even in a soft market, it should bring another $50k or so. #253-1995 FERRARI F512 M coupe. S/N ZFFVG40A1S0104065. Rosso Corsa/ Nero leather. Odo: 25,928 miles. The most refined and desirable variation of the modernday Testarossa. The 74th and second-to-last U.S.-spec car based on serial number. A oneprivate-owner car with fewer than 26,000 actual miles showing. Optioned with radio and Speedline wheels. Recent engine-out service. Cond: 2. 124 1005 convertible Victoria. S/N 64725. Black/ black canvas/red leather. Odo: 388,187 miles. A quality restoration of a very desirable body style. Rides on 142-inch wheelbase, with SOLD AT $7,650,000. Sold within the expected range, so all is square with the world (for a brief moment). Even though it has “been there and done that,” it will be welcomed again in the future. An exciting piece of Ford history. (See profile, p. 96.) #314-2017 FORD GT coupe. S/N 2FAGP9CW9HH200063. Beryllium Orange/black & white leather. Odo: 386 miles. 3.5-L turbocharged V6, 7-sp. dual-clutch auto. Sold only to those whom Ford found worthy. Ordered with $30,000 custom paint and carbon-fiber wheels. Designed with carbon-fiber monocoque chassis. Fewer than 400 miles from new. Sold without encumbrance from Ford and with year left on warranty. An amazing supercar. Cond: 1. SOLD AT $1,242,500. Sold for far less than the John Cena Ford GT that Mecum sold in May of last year, resulting in numerous lawsuits. Still, sold for a bunch more than the $450,000 list price. I think time will show that this was well bought. © Sports Car Market

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Gooding & Co. Pebble Beach, CA The Pebble Beach Auctions 2019 A benchmark sale in a soft market: a 250 GT LWB Spyder California tops the sales sheet at $9,905,000 Company Gooding & Company Date August 16–17, 2019 Location Pebble Beach, CA Auctioneer Charlie Ross Automotive lots sold/offered 111/139 Sales rate 80% The second-highest-dollar sale of the auction week — 1958 Ferrari 250 GT LWB California Spyder, sold at $9,905,000 Report by Joseph T. Seminetta and Jack Seminetta Photos by Joseph T. Seminetta Market opinions in italics I t would be disingenuous to apply any amount of lipstick to the aggregate results from the 2019 Monterey auctions. A 32% decline in any industry’s or company’s revenue represents an indisput- able, watershed event. Despite having excellent lots, perfect weather and an ideal location, Gooding & Co. could not escape the historical reset that occurred this weekend. Price is always the great equalizer of supply/de- mand imbalances, and the collector-car market is not immune to the principals of Econ 101. Over the past several years, more auction companies have pitched new tents in Monterey, more auction dates have been added to the calendar, and the number of lots has increased to a level that is unmatched by current demand. As many great race drivers have opined, “To find the limits of physics, you sometimes have to exceed them.” There is fierce competition to sell pricey collector cars to a demographically declining and more selective audience of buyers. This was evident on Friday night when both RM Sotheby’s and Gooding had competing sales. Only three of Gooding’s 63 Friday lots hammered above their pre-sale low-estimate (before buyer’s premium), versus eight out of 76 for their afternoon Saturday auction. The prime bidder seats were notably thinning throughout the Friday evening sale. 2019 may not have been the optimal year for Gooding to increase their buyer’s premium from 10% to 12% (on the first $250k). Online auctions are an additional, growing threat as the costs of attending this weekend continue to accelerate. Online was previously relevant only to lower-priced lots. Today, several online auctions routinely present six- and seven-figure offerings with professional photos, detailed descriptions and owner- 126 Sales total $76,788,900 High sale 1958 Ferrari 250 GT LWB Spyder California, sold at $9,905,000 ship histories. Auction companies themselves are also diversifying into the online space, while trying to not cannibalize their live shows. Ask any former exchangefloor trader about how today’s cost-effective online markets disrupted an antiquated system of “open outcry” auctions. The market does not feel as if we have entered “panic mode,” but a necessary Buyer’s premium 12% on first $250,000; 10% thereafter, included in sold prices “right-sizing” at new, market-appropriate prices. While prices have been flat for the past five years, they rose at a parabolic rate for the preceding decade. Unless you were a no-reserve seller or an auction-company shareholder, it wasn’t all doom and gloom this weekend, as attendance was up, the weather was picture-perfect, and the vast majority of lots traded hands (some at all-time record prices). And while Gooding’s sell-through rate declined to 80% (from 84% last year), 17 lots traded over $1m. Five world-record prices were realized (four from pre-war lots) and four of the top 10 dollar sales of the week were realized inside the Gooding tents. “The times, they are a-changing,” and after this week, auction companies will likely pivot their strategies. I hope this includes more market-correct pre-sale estimates and realistic reserves. It is a long five months to the Arizona auctions. There will be whispers of private-sale prices, dealer markdowns and other market indicators during this period. Will collectors buy the dip or is this the start of a long-term correction? If you desire and can afford a million-dollar Sales Totals collector car, your time is precious, and where else but a live auction can you routinely see multiple 300SLs, 275 GTBs and Speedsters all within a short drive of each other? The auction houses may need to increase their pampering of VIPs to keep them coming to the white tents. However, the marketplace is clearly being disrupted through modern, efficient mediums. In the future, will collectors be buying E-types on Amazon Prime, inspected through artificial intelligence, and delivered via driverless truck? I sure hope not. Live auctions are much more fun. ♦ $150m $120m $90m $60m $30m 0 Sports Car Market 2019 2018 2017 2016 2015

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Gooding & Co. Pebble Beach, CA ENGLISH #20-1939 LAGONDA RAPIDE drop- head coupe. S/N 14107. Eng. # 14107. Dark green/tan Connolly leather. RHD. Odo: 32,166 miles. One of just 17 V12 Rapides. Provenance with only four owners since new. Exceptional half-a-million-dollar restoration. Sensational paint with a mirror-like finish throughout. Stunning interior showing no signs of use or abuse. Best in class at last year’s Pebble Beach Concours d’Elegance. The definition of a Condition 1-rated lot. Cond: 1. flat-floor E-type coupe. Over 4,000 hours/ $400k spent on an over-the-top restoration. Clearly one of the best E-types in the world. Exceptionally well documented, recent show wins (including multiple perfect scores). JDHT Certificate confirms matching numbers and original colors. Only the most minor of nitpicks (such as the fit of the fuel cap and a few pieces of loose rubber on the rear deck lid). Cond: 1. being campaigned in the Historic Group C series. Today, the car is beautifully restored in all its original livery. Cond: 2+. NOT SOLD AT $700,000. These rare lots are not on every person’s bucket list. One more bidder may have moved this lot, but the seller was right to bring this home at the high bid price. Offered post-block for $950,000. #12-1952 JAGUAR XK 120 roadster. S/N 672274. Eng. # W5054-8. Blue Pastel/ French Grey cloth/blue & gray leather. Two owners over the past half century. JDHT certified matching motor and original colors. Records, manuals, “instruction envelope,” original title, jack and tools. Typical British panel gaps. Some paint imperfections including light scratches and orange peel. Slightly worn interior. Tidy engine bay. Overall, a tidy, honest-looking, older restoration that can be driven and enjoyed without regret. Cond: 2. SOLD AT $626,500. Great cars still bring great results. Rare or not, it still amazes me how collectors pay any premium for undesirable features like uncomfortable flat floors, outside latches that break up the car’s lines and/or industrial-looking welded louvers. One of only a handful of the week’s head-scratching high sales. The definition of a well-sold lot. #33-1961 ASTON MARTIN DB4GT coupe. S/N DB4GT0130L. Eng. # 3700130GT. Black Pearl/red leather. Odo: 1,056 miles. One of 30 LHD DB4GTs. Factory lightweight, alloy body, SWB chassis, with twinplug, high-compression engine. Period Bonneville speed-record holder. Exceptional paint with meticulous metal flake. Exceptional chrome. Tidy interior only showing some signs of use. Comprehensive documentation, paperwork and provenance. Matching numbers. Books, tools, records. Cond: 1-. NOT SOLD AT $950,000. Bidding could not reach the seven-figure mark. Race results (and perhaps V12s) matter, as evidenced by 2015 RM Sotheby’s sale of a Daytona-winning XJR-9 for $2.145 million. The seller was right to bring this home at the low high bid. Offered by Gooding post-block at $1.2m. #38-2019 MCLAREN SENNA coupe. S/N SBM15ACA0KW800210. Midnight Purple/black Alcantara, purple carbon fiber. Odo: 99 miles. One of 500 produced. Über low (under 100) miles. Barney-inspired paintwork. Track-level performance worthy of its iconic namesake. A technological marvel favoring functional design over beauty, with aero aids and cooling ducts throughout. Asnew condition except some damage on passenger’s side roof (full factory repair included in the sale). Window sticker, books, tools and accessories. Cond: 1-. NOT SOLD AT $1,050,000. High bid was almost exactly at the car’s original MSRP. This was not enough to take this rare lot home and the seller was right to retain it. Asking $1.5 million post-block. SOLD AT $107,520. XK 120s were light years ahead of their time. Sorted examples are still fun and competent sports cars nearly 70 years after their production. This lot sold for $115,500 at Gooding Pebble Beach 2017 (SCM# 6846652). Well sold between the low and high estimates in a weak market. #27-1961 JAGUAR E-TYPE Series I 3.8 coupe. S/N 885018. Eng. # R14479. Opalescent Gunmetal/red leather. Odo: 25 miles. Early, outside-bonnet-latch, welded-louver, 128 SOLD AT $3,600,000. A sensational lot oozing significance, purpose and beauty. Came within 10% of the low estimate after buyer’s premium is factored in. Fair deal this week. #49-1989 JAGUAR XJR-10 racer. S/N 389. White, green & red/green cloth. MHD. Following two consecutive Sportscar championships with the V12-powered XJR-9, the Turbo 6 XJR-10 finished in 2nd place in the 1989 IMSA Championship. Although it had four victories over three seasons, it had some reliability issues given its new configuration. Post IMSA, #389 had much greater success FRENCH #13-1936 BUGATTI TYPE 57 Atalante coupe. S/N 57386. Eng. # 281. Black & beige/ black leather. French-delivered Bugatti, originally fitted with a Galibier Berline body. Later fitted with an alloy Atalante body. Recently rebuilt, beautiful, matching-numbers DOHC engine. Several other “improvements” to 57C specs. Recent six-figure cosmetic and mechanical work. Stunning paint with only a little orange peel. Somewhat mismatched trim quality. Exceptional interior with very little Sports Car Market

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Gooding & Co. Pebble Beach, CA seat wear. Beautiful matching luggage. Connected to a battery tender all day. Cond: 2+. 120 mph). Provenance since new. Pebble Beach Class winner 30 years ago. Recent, sixfigure cosmetic and mechanical refurbishment. Exceptional paint and chrome. Newer-looking top. Interior only showing minor signs of wear. Tidy but not show-quality engine bay. Cond: 2+. SOLD AT $786,000. This lot previously sold at the 2014 RM Monterey auction for $770,000 (SCM# 6710850). The seller is undoubtedly underwater for this five-year period given the cost of refurbishment. As it sits today, this is a beautiful, honest-looking lot, which was bought fairly well even in today’s market. SOLD AT $1,325,000. The provenance, condition and beauty of this lot helped it sell. However, its storied history and non-original parts held back the final hammer price. One does not often buy a Type 57 in this price range, and it has to be considered well bought. #129-1938 BUGATTI TYPE 57C Stelvio cabriolet. S/N 57597. Eng. # 82C. Black & turquoise/ beige canvas/turquoise leather. RHD. Odo: 519 km. Type 57C delivered new to France. Supercharged version with remarkable period performance (with a top speed of #121-1984 PEUGEOT 205 T16 hatch- back. S/N VF3741R76E5100126. Gray metallic/ black leather, black & gray cloth. Odo: 11,431 km. One of approximately 200 T16s produced by Peugeot. Two-owner car with über-low miles. Repainted back to its original colors, after a previous color change to white. In a private museum for most of its life. Sales brochure and some records included in sale. Normal period quality (with surprisingly good panel gaps). Scratched rear Lexan window. Normal bolster wear and carpet discoloration. Cond: 2-. automotive knowledge from car magazines, our kids/grandkids did so via video games. Those that made enough money to afford their dream cars are buying rally cars like we bought E-types and Dinos. Rally lots have been popular at European auctions for years. There are now a few at most high-end U.S. auctions. Prices have been strong, but not as strong as the pre-sale estimates. This was sold for a market-correct price at which buyer and seller both should be pleased. GERMAN #29-1936 MERCEDES-BENZ 500K Cabriolet C. S/N 130885. Eng. # 130 885. Burgundy/black canvas/tan leather. Odo: 355 miles. One of 16 remaining LHD “Convertible Victorias,” with some desirable 540K transitional features. Ownership history from new including original sale invoice. Older, bodyoff restoration showing well, with normal signs of use and enjoyment. Some panel waves under thicker paint. Nice chrome. A very presentable car that can be shown locally and driven without regret. Matching numbers per Mercedes-Benz Classic Certificate. Original sales paperwork. Over $300k in recent “freshening.” Cond: 2+. SOLD AT $162,400. While you built your NOT SOLD AT $620,000. A well-presented model with not quite the grandeur (or price) of the iconic 540K. Bidding was soft and not quite to the level it should have been. The owner was probably right to bring the lot home at the high bid. Offered post-block for $750k. #15-1955 MERCEDES-BENZ 300SL Gullwing. S/N 1980405500156. Eng. # 1989805500078. Black/black leather. Odo: 26,499 miles. Venezuelan-delivered Gullwing previously owned by Mark Donohue. Matching numbers as per build sheet. Color change from Fire Engine Red to black. Appears to be an 130 Sports Car Market

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Gooding & Co. Pebble Beach, CA older restoration, recently refreshed by marque specialist. Beautifully presented paint and Rudge wheels. Tidy-but-not-concours engine bay. Tools, books, belly pans and other correct accompaniments are included with the lot. Cond: 1-. NOT SOLD AT $1,300,000. Color is always subjective, but black probably did not help this sale. Given the color change and the current market environment, the seller should have considered the high bid. Gooding is advertising the car for $1.6 million post-block. #56-1958 PORSCHE 356A Speedster. S/N 83895. Eng. # 744333. Meissen Blue/ navy blue canvas/navy blue leather. Odo: 11,267 miles. A mystery lot with no ownership history, Kardex, CoA, books, receipts, or documentation offered. “Upgraded” 912 engine. Attractive colors with a quality paint job. Nice trim and brightwork. Beautiful interior showing only minimal signs of wear. Period jack and tools. Cond: 1-. view and during the auction. Enthusiast bidding pushed this lot to a price that has to be considered well sold, particularly in today’s soft market. #39-1977 PORSCHE 934/5 coupe. S/N 9307700956. Eng. # 6772808. Silver with red and blue/black. One of 10 produced. Extensively documented provenance and race history. The last Group 4-bodied Porsche 934 constructed. Rare (for a race car) matching engine. 1981 Australian Sports Car Championship Winner. Ready to race or show with current FIA Historical Technical Passport. Exceptional condition throughout. Exterior painstakingly restored to 1979 livery to a very high level. Some decals could be freshened if new owner plans to show the car. Glass almost new. Cond: 1-. SOLD AT $285,500. Last seen selling at RM Sotheby’s 2017 Monterey auction for $319,000 (SCM# 6846603). Shiny and a pretty color, but it has few of the necessities coveted by Porsche collectors. Still very well sold. #10-1962 PORSCHE 356B Super 90 Twin Grille T6 roadster. S/N 89765. Eng. # 804218. Black/tan canvas/medium brown leather. Odo: 1,355 miles. Concours-condition, Twin Grille Super 90 roadster with sensational paint and laser-like panel gaps. Kardex confirmed correct colors and matching numbers. As-new interior and engine bay. Attractive knockoff Rudge wheels. Books, tools and records since new. Cond: 1. SOLD AT $1,187,500. Sold previously at Gooding’s 2017 Amelia Island sale for $1,375,000 (SCM# 6827756). Race history and originality help race cars bring top auction results. This car had both and was attractively presented for a variety of purposes (touring, show, race, etc). A strong but marketcorrect result given the car’s exceptional condition and provenance. #14-1991 PORSCHE 911 Singer coupe. S/N WP0AB296XMS411191. Downtown Blue/Tobacco Brown leather. Odo: 2,128 miles. This lot gathered a lot of attention in the car community, as they rarely are for sale in the secondary market. This “Mountain View”spec Singer was converted approximately three years ago. Supplied with books and Singer Certificate of Authenticity. Excellent condition throughout. Deep-dish Fuchs-style rims. Cond: 1-. SOLD AT $610,000. Twin Grille roadsters are all the rage among Porsche collectors. This has to be one of the best in the world, and it commanded much attention at both the pre- November 2019 SOLD AT $857,500. Opening bid of $500k, bid with enthusiasm to the final hammer sale. Most of the action appeared to occur in the room. While many question the value proposition of a Singer conversion, owners seem to covet them and rarely sell them. This lot could be constructed new with an undetermined wait time. A six-figure premium to “skip the line” 131

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Gooding & Co. Pebble Beach, CA seems excessive, and hence the car has to be considered well sold. #103-1997 PORSCHE 911 Turbo S coupe. S/N WP0AC2995VS375774. Eng. # 61V01882. Forest Green Metallic/Cashmere & black leather. Odo: 13,910 miles. One of only 181 U.S.-delivered 993 Turbo S coupes. Very low mileage. No signs of accident damage. Some stone chips in the normal places. Minor signs of interior wear. Exceptional rims. A very well-preserved example. Window sticker, CoA, jack, tools, spares and books. Cond: 2+. Charlie Ross took his time extracting every possible bid for this marquee lot. Well bought at the lower end of the pre-sale estimate. #151-1952 FERRARI 212 INTER coupe. S/N 0221EL. Eng. # 0221EL. Gray & beige/ blue leather. RHD. Odo: 71,157 miles. Swissdelivered (and owned for 40-plus years) 212 Inter coupe featured in Ferrari’s period marketing brochures. A competent performer with an SWB chassis, Colombo V12, triple Webers and a 5-speed gearbox. Striking Vignale body with attractive two-tone paint. Matching numbers per Red Book Classiche certification. Certificato d’Origine autographed by Enzo Ferrari himself. An older, comprehensive restoration still holding up well, with excellent paint and chrome. Honest interior patina with some original upholstery. Rubber seal falling apart around rear glass. Cond: 2. been too cheap for too long. Zagato was featured at Pebble this year, which likely brought some additional buyers. While this was an attractive lot, the bid was a bit high given the NOM, condition and current market environment. The seller didn’t think it was bid high enough. #59-1956 FERRARI 250 GT Boano coupe. S/N 0581GT. Eng. # 0581 GT. Silver/ black leather. Odo: 59,477 km. Garage-find Boano, presented like an “outlaw” sans bumpers. Claimed to possess its original engine and interior. Reportedly rebuilt motor and rear end. In need of additional mechanical work to be safe. Incorrect taillights. Thick, cracked paint. Worn rubber. Delaminating windshield. Worn chrome. Musty interior. Cond: 4. SOLD AT $368,000. A big price premium for only additional hp from a standard 993 TT. Rarity and final year of the air-cooled 911 turbos will always make this car a desirable collector car. Forest Green is no one’s favorite color but is not offensive. Sold slightly well given the overall market environment. ITALIAN #120-1939 ALFA ROMEO 6C 2500 Tipo 256 coupe. S/N 915014. Eng. # 923810. Bright red/tan leather. Odo: 31,789 miles. One of approximately 20 Tipo 256s constructed in Modena by Scuderia Ferrari. Rebodied during the war by Touring from a Spider Siluro. Participated in many period races—including the 1940 Mille Miglia. Appropriate-level paint and restoration for the age and significance of the lot. Attractive paint and interior with stunning period details. Show-quality engine bay. Matching engine and original gearbox included in sale. Provenance, books, tools and records. Bulgari and Mille Miglia awards at the 2015 Pebble Beach Concours. Cond: 2+. SOLD AT $1,600,000. A very attractive lot that is not on every collector’s bucket list. Spirited bidding in the room and on the phones. Well sold at a difficult price point in this market. #40-1955 ALFA ROMEO 1900 CSS coupe. S/N AR1900C02056. Eng. # AR0020400914. Rosso/white leather. Odo: 9,848 km. One of 39 Super Sprint Zagatos produced by Alfa Romeo. Alloy body with Lexan windows. Ownership history/records/documentation/ FIVA card. Engine swapped in period for newer 102-series unit. Correct type but not original additional engine included in sale. Nice older restoration. Shiny paint with imperfections throughout (including a chunk taken out of the driver’s side front fender). Sensational wires/tires. Worn seats, soiled interior. Mille Miglia and Pebble Beach participant. Cond: 2-. SOLD AT $522,000. Although it sold above the low estimate (with buyer’s premium), you could find a worse way to spend a half a million dollars if you drove it as-is. A full refurbishment would become a 401(k) for your restoration shop. #17-1958 FERRARI 250 GT Tour de France coupe. S/N 0903GT. Eng. # 0903 GT. Silver & red/gray leather. Odo: 59,338 km. Number four of 36 singlelouver Tour de France berlinettas and only one sold new in Sweden. Provenance since new. Older Motion Products restoration still showing well with exceptional paint throughout and only minor signs of interior use. Almost no race history. Exceptional period details such as leather hood straps, covered headlights and external fuel cap. Classiche Red Book certifying original body, engine and gearbox. Cond: 1-. TOP 10 No. 9 SOLD AT $2,755,000. A show-stopping, stunning lot oozing historical significance. Tastefully restored with mostly original mechanicals. An invitation to any car show on the planet. 132 NOT SOLD AT $820,000. Alfas are one of the bright spots of today’s market. They have SOLD AT $5,100,000. Instant, enthusiastic acceptance to most any car event on the planet. Bidding opened at $2.5 million, but stalled at $4.2 million when Charlie Ross did his magic to push it through to a final sale. There are few recent comparable sales to determine value, but, like many lots, this did not meet the pre-sale low estimate. (See profile, p. 88.) Sports Car Market

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Gooding & Co. Pebble Beach, CA TOP 10 No. 2 #44-1958 FERRARI 250 GT LWB California Spyder. S/N 1055GT. Eng. # 1055GT. Grigio Vinovo/brown leather. Odo: 3,543 miles. Early, coveredheadlight, LWB Cal Spyder. Rare original body, chassis, engine and gearbox as per Ferrari Red Book Classiche certification. Provenance since new. Tools/books/records. Comprehensive restoration by Motion Products to a concours standard. Now showing some signs of enjoyment. Platinum awardwinning at both Cavallino and the FCA nationals. Limited, amateur period race history. Cond: 2+. (Shrek-colored) interior. Multiple show awards all the way up to Pebble Beach. Cond: 1-. SOLD AT $313,000. A rare lot with not many comp sales. Sold well below the low estimate, which seems appropriate given the rarity and quirkiness of this lot on a weak auction week. SOLD AT $6,800,000. Spectacular lots can still bring spectacular money. Lots in this price range did not sell well all week. Hence, this has to be considered well sold given the current market environment. SOLD AT $9,905,000. The second-highestdollar sale of the auction week. No sale at high bid of $9.4m at the 2016 RM Sotheby’s Monterey sale (SCM# 6804214). A benchmark sale in a soft market demonstrating that great cars can still bring great results. Slightly well sold. #145-1958 FERRARI 250 GT Series I cabriolet. S/N 0789GT. Eng. # 0789 GT. Black/green leather. Odo: 1,311 miles. One of 40 coachbuilt S1 cabriolets. Attractive covered headlights and correct side vents. Matching numbers per build sheet (not Classiche certified). Provenance since new. A stunning restoration with glass-like paint, German-like panel fit, lustrous chrome, as-new TOP 10 No. 5 #30-1962 GHIA L6.4 coupe. S/N 0325. Black/Camel leather. Odo: 88,616 miles. Rare (one of 26 built), torquey Ghia with a 3-speed auto and drum brakes. Ownership history since new including Dean Martin. Color change from dark green. Robocop styling with scratches and swirls throughout. Faded chrome. Windshield delaminated. Original interior oozing patina. Fitted luggage. Cond: 3+. SOLD AT $610,000. This car exemplifies the state of the market, which has been flat for several years and has fallen in 2019. This lot sold for $742,000 at RM’s Monterey sale in 2013 (SCM# 6732345), but could only muster $610k with buyer’s premium today. This was a fair deal for both buyer and seller in today’s market. #157-1965 FERRARI 275 GTB coupe. S/N 06887. Eng. # 632/64. Rosso/light brown leather. Odo: 22,688 miles. Italian-delivery, short-nose 275 with single-family ownership for 40-plus years. Color change from blue over beige. A driver-level car with average paint, misaligned panel gaps and some missing trim. Attractive Campagnolo wheels. With records, books, tools and bill of sale (copy). Cond: 2. #6-1965 LAMBORGHINI 350GT coupe. S/N 0196. Eng. # 0166. Blu Tigullio/Senape leather. Odo: 69,431 km. Swiss-market, early example of Lambo’s first production model with nearly half a century of known ownership history. Older restoration (which won its class at Pebble Beach 26 years ago) still sporting attractive metallic paint. Typical uneven panel gaps. Worn driver’s seat and dash. Scored 97 points and best in class at the 2014 Concorso Italiano. Cond: 2-. SOLD AT $1,572,500. This benchmark model (on every Ferrari collector’s bucket list) is often a bellwether indicator of middle/upper end of the market. Early 275s are available for certain European events, which usually boosts their value. This driver-level car sold better than I had thought (over the low estimate) and hence could be considered well sold given the current market. 134 Sports Car Market

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Gooding & Co. Pebble Beach, CA #5-1967 FIAT DINO 2000 Spider. S/N 135AS0000452. Eng. # 135B.0000005069. Giallo Fly/black vinyl/black leather. Odo: 85,504 km. Limited ownership history. Extensive mechanical and cosmetic work performed over the past decade. Some service records but no books, tools, jack, etc. A nice restoration with excellent paint. Italian-level panel fit. Exceptional knockoffs. Some interior wear. A very nice driver. Cond: 2. history since new. Red Book Classiche certification. Recently serviced by factory dealership. Tools, hard top, records, other factory accessories. Beautiful condition throughout, commensurate with low mileage. Dated tires. Cond: 1-. #11-2011 FERRARI 599 GTO coupe. S/N ZFF70RCA3B0177203. Bianco Avus/ black leather. Odo: 2,906 miles. Limited-production supercar with Enzo-beating track performance. Books, tools, records and window sticker. As-new condition throughout, with no signs of obvious use whatsoever. Unusual color combinations with contrasting black roof and odd black Scuderia shields. Cond: 1. SOLD AT $114,800. Color is always subjective but Fly Yellow does not seem to align with a car that produces only 120 ft-lb of torque at 6,000 rpm. These cars are attractive and a delight to drive. Parts are fairly expensive given the Ferrari-derived engine. Well bought, even in today’s market. TOP 10 No. 7 #31-1975 FERRARI 312T racer. S/N 022. Rosso Corsa/black leather. One of five chassis used in Ferrari’s 1975 World Championship-winning season. One of two cars actively raced by Niki Lauda. Pole setter and winner of the 1975 French Grand Prix. Meticulous, photo-documented restoration with factory replacement parts. Fabulous paint. Highly polished replacement front wing. Fuel flaps a bit misaligned. Third in class winner at the 2017 Pebble Beach Concours. Welcome at any vintage race or concours on the planet. Cond: 1-. NOT SOLD AT $2,400,000. The Ferrari Batmobile has held up to the test of time. The first F50s will soon be able to wear vintage (older than 25 years old) plates. Yet, they are competent supercars that are a delight to drive. The buyer’s reserve probably seemed reasonable prior to the market adjustment that materialized this weekend. The seller should have at least thought about accepting the high bid. Offered for sale post-block for $2.9 million. NOT SOLD AT $460,000. 599 GTOs were routinely selling in the $600k range prior to this correction. The exterior color of this lot did not help its result. The lackluster bidding did not end well enough for the lot to change hands. The buyer was right to bring this lot home and hope that the market improves. © SOLD AT $6,000,000. Standing ovation applause when this lot was presented. Opening bid at $3 million, then $4m. The bidding increments then slowed to the $100k level for the final hammer sale. This car had it all: great looks, successful race history, many original parts and spectacular condition. The price paid seemed appropriate for this spectacular lot. (See profile, p. 100.) #18-1997 FERRARI F50 convertible. S/N ZFFTA46B000106765. Rosso/red & black leather. Odo: 2,941 miles. Ownership November 2019 135

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Bonhams Carmel, CA The Quail Lodge Auction 2019 An unrestored 1951 Ferrari 340 America with bespoke Vignale coachwork and a great, well-documented history topped all others here for $3.6m Company Bonhams Date August 15–16, 2019 Location Carmel Valley, CA Auctioneers Rupert Banner, James Knight, Malcolm Barber Automotive lots sold/offered 168/220 Sales rate 76% Sales total $32,258,040 High sale 1951 Ferrari 340 America Speciale Vignale coupe, sold at $3,635,000 Buyer’s premium Unrestored, but with colorful ownership history — 1951 Ferrari 340 America Speciale coupe, sold at $3,635,000 12% on first $250,000, 10% thereafter, included in sold prices Report and photos by Michael Leven Market opinion in italics B onhams held an expanded auction at their annual Quail Lodge event during Monterey Car Week this year, growing it to two full days on Thursday and Friday from the historically one-day format. Adding a second day allowed for 220 cars to be on offer, 125 of which were sold at no reserve, and provided for a very interesting and wide-ranging run list; over 20% of the cars were pre-war, yet more than 15% were less than 30 years old. Like many recent auctions, the lineup was dominated by Porsche and Ferrari (15.9% and 9.5%, respectively) but there was a refreshing presence of marques not usually well represented at auction, including four Pierce-Arrows, eight “Youngtimer” Japanese cars, eight classic Cadillacs and a total of 20 race cars, seven of which were Coopers! The high seller of the auction was one of the featured cars, an unrestored 1951 Ferrari 340 America with bespoke Vignale coachwork and a great, well-documented history. First owned by well-known SoCal bon vivant Johnny Ysmael, later by William Doheny of Union Oil, and then Ernie McAfee, who raced it very successfully. In the late 1950s, it sold on to its fourth custodian, in whose family it has remained ever since. It sold appropriately for $3,635,000. 136 Unfortunately, none of these factors helped the bottom line. When all was said and done, 168 cars traded hands for a 76% sell-through. The total take was $32.3m, down from 2018’s $37.7m. The average sale price also dropped from $342k to $192k; nearly two-thirds of the sales went for below their low estimate. The big-dollar sales were a 1965 427 Shelby Cobra at $1.38m and a 1955 Mercedes- Benz 300SL making $1.35m. Rounding out the top five was a 2017 Ford GT ’66 Heritage Edition at $1.05m. Had they gone through, several notable non-sales would have really helped the results. Major among them was a 1959 center-seat Porsche 718 RSK that went unsold with a $3.7m high bid, an extremely rare 1937 Delahaye 135 M Competition Court roadster bid to $2.75m, and a magnificent 1932 V12 Auburn Speedster that went home against a $1.3m offer. There were some good buys to have: a very nice Sales Totals $60m $50m ’63 Alfa Romeo Giulia Spider went for $33.6k, a ’62 Cooper Monaco with a Buick V8 for $67.2k, a lovely-in-white ’55 Chrysler C-300 for $36k, a somewhat garish ’28 Cadillac 341 dual-cowl phaeton at $43k, and a ’55 Swallow Doretti for $62k. The 14% drop from 2018’s sales total was the smallest percentage drop for any of the auction companies in Monterey. We’ll see how it moves from here, with Arizona being the next big gathering. ♦ $40m $30m $20m $10m 0 2019 2018 2017 2016 2015 Sports Car Market

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Bonhams Carmel, CA ENGLISH #44-1931 BENTLEY 4½ LITRE Super- charged Birkin Le Mans replica tourer. S/N MS3942. Eng. # MS3950. Green/black cloth/green leather. RHD. One of the 50 “Blowers” built for homologation of the five race cars. Numerous owners in early history. Chassis shortened, modified to racing spec, engine swapped, rebodied in Vanden Plas style immediately post-war. Hard and soft body parts very good. Chips in paint on front of rear fenders from use. Some wear on seat bolster leather. Engine room slightly oiled; some dripping onto white-painted exhaust below. Tool set embedded inside passenger’s door. Dash plaque from Bentley Drivers Club reads, “Best Turned out 4.5 Litre, Kensington Gardens Rally, 1952.” Cond: 2+. but with patina, rubber on kick start and tank knee guards show use. Cond: 3+. SOLD AT $313,000. No two SS100s were alike, as all were custom-made to order and each was guaranteed to go 100 mph—quite a feat at the time. This one was very nice but was no show queen and is still very clearly enjoyed. While it is one of the most collectible motorcycles of all time, the $300k–$400k estimate looked stout. Most recent sales at the top of that range have been for 1920s models, so given its condition, this sale looks just a touch strong— today. It will be more expensive next time we see it. #111-1955 SWALLOW DORETTI road- ster. S/N 11101110. Eng. # TS2878E. Seafoam Green/red vinyl/red leather. Odo: 48,831 miles. Restored some time in 1980s. Originally equipped with a TR2 engine; now upgraded with 1957 TR3 mill. Color scheme selected from original Swallow sales brochure. Paint very good even up to a couple feet: lots of very small fisheyes, a few dry spots throughout; stippling at trim edges. Wear marks behind cockpit at soft-top seating line; top itself shows use. Leather door caps show wear; door cards wavy. Black seats with red piping fresh; banjo steering wheel dirty, oxidized. Without reserve. Cond: 2-. SOLD AT $1,550,000. Like many (most?) old Bentleys, 3942 has lead a convoluted existence. Fortunately, or because of that, connoisseurs of the marque take a very broad view of “originality” and “correctness.” In the end, 3942 is an original blower chassis modified early in its life, used as intended in the day, and its history/evolution are well documented and accepted; it is a no-questions Blower Bentley. Appeared unsold on the block, but Bonhams declared it sold in the post-block results. #114-1938 BROUGH SUPERIOR SS100 motorcycle. S/N M11936. Eng. # BSX21039. Black. Referred to in period as the RollsRoyce of motorcycles, with the full blessing of RR! The very demonstrator George Brough used to usher journalist Henry Laird from London to Brighton (in a sidecar) and chronicled in the June 1939 issue of Motor Cycling magazine. Miscellaneous chips, debris in sporadically dulling paint. Brightwork shiny; black seat leather broken in. Exhaust beautifully discolored, engine case/gearbox clean SOLD AT $61,600. The Swallow Doretti design is so elegant that it belies their simple, rugged Triumph underpinnings. Yet even with a prime display location just outside the auction entrance, and being presented in very fetching livery, this car proved disappointing on the block—to everyone but the winning bidder. While it had a few age- and storage-related issues, it sold for $15k–$20k less than it was worth, and almost $40k under the low estimate. Another one I would have loved to take home. #64-1956 COOPER T39 Bobtail racer. S/N CS956. Green/black vinyl. MHD. Called the “Bobtail” or “Manx tail” due to truncated rear bodywork based on Kamm’s principle. Built on widened Formula One chassis. Equipped with desirable Climax engine; brakes converted to discs all around. Body appears sound; held on by rusty Dzus fasteners. Race-car-standard paint not new, but is largely unmarked. Door does not latch. All Smiths gauges. Wears ancient (but correct) cast Cooper alloys. VW gearbox instead of original Ersa/Citroën. One of 30–50 T39s built. Cond: 3. NOT SOLD AT $110,000. The T39 was an 138 enormously successful race car in the day, with a multi-year run at the sharp end of small-bore racing around the world. What might have held back bidders on this one was the VW transmission, as certain events would be off-limits without the proper Ersa gearbox, or perhaps a period-correct Hewland. The conversion to either would be expensive, and the Ersa was notoriously unreliable. Better to just race it stateside, where it would be a welcome addition to any grid. Either way, high bid was way light. #110-1958 AC ACE Bristol roadster. S/N BEX436. Eng. # 100D2 805. Dark blue/black canvas/black leather. Odo: 58,416 miles. Very well-restored car lacking a few finishing considerations. Matching-numbers engine, driveline, bodywork. Paint very good; small dent in panel between door and wheelarch. Seat leather newer, just broken in. Wood steering wheel excellent; carpets worn through to backing and frayed. Old wiper blades dry, cracking; wire wheels with plenty of chips and peeling paint. Soft top unseen; unrestored hard top available after sale for shipping costs only. Comes with correct tool set and side curtains. Cond: 2-. NOT SOLD AT $300,000. “Hello? 2016? Hi, this is 2019 calling. Ya take the $300k bid when offered. Yes. Yes, I’m quite sure. You’re welcome.” With cars that are otherwise finished to this level, I fail to understand why silly things like worn-through carpets and shoddy-looking wheels, original or not, are left undone. Within the context of an almost fully restored car they DO NOT add value— they only detract. Those items aside, this is a Condition 1 car. Alas, car could have sold at high bid. #59-2003 ASTON MARTIN DB AR1 roadster. S/N SCFAE623X3K800007. Eng. # 04387. Mendip Blue/ivory leather. Odo: 1,075 miles. Presents largely as-new. Slight discoloration of ivory leather may indicate car has been sat in a lot more than just when it was driven; odo reads only 1,075 miles. Signature “Double Bubble” shape of cockpit headrests are reminiscent of scalloped air intakes of an Sports Car Market

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Bonhams Carmel, CA Abarth 750 Zagato. Metallic blue paint ranges from Navy to Royal depending on light. Metallic paint on alloys unmarked. No soft top. Cond: 2+. #147-1937 DELAHAYE 135 M Competi- SOLD AT $218,400. Derived from the DB7; some people dislike this car’s big, toothy smile—subtle it is not. Sold into the American market only—the “AR” in its name stands for American Roadster—the AR1 did not need to please everyone, as only 99 were built. That this particular Aston Martin has “007” as the last three digits of its serial number arguably confers a little extra value that only makes this sale look even better. Under the market by at least thirty grand and well bought. FRENCH #164-1901 PANHARD ET LEVASSOR 5HP rear-entrance tonneau. S/N 2362. Eng. # 2362. Blue/black leather. RHD. Ordered August 30, 1901, by Panhard agent Christy, Médecet et Cie in Lyon. Original build sheet confirms order for Caisse Carroserie Ordinaire, a tonneau body. Car found complete; original body, bonnet, mahogany wings. Restored in 2017; body paint good with miscellaneous chips. Fenders brush painted; wood or paint delaminating. Leather very nice. Ducellier lights; brass with lovely patina. Has original Phenix carburetor, stamped with engine number. Current British License YR45 available for purchase. Cond: 3+. tion Court roadster. S/N 47471. Eng. # 47471. Blue/tan canvas/Caramel leather. RHD. Odo: 850 km. In present ownership for 20-plus years; never publicly sold. One of 30 special-order Competition Court/short chassis built. Other than short gap in ’60s, all owners known from new. Don Williams commissioned original restoration in mid-’90s; interior redone within past three years. Louvered spats not original. People’s Choice award winner at Greenwich 2017. Beautiful symmetry and presence to the design by lesser-known Guillore carrosserie. Comes with extensive technical and historical reports by marque experts. Cond: 1. Erdmann and Rossi-penned coachwork flows so beautifully with the rest of the body, you’d never know that it was basically grafted into an existing roadster design to create this very large coupe. As spectacular and well crafted as it is, the car is still a replica and as such the value suffers. That said, the high bid came nowhere close to the car’s construction cost and it was no surprise it did not sell. #124-1955 MERCEDES-BENZ 300SL Gullwing. S/N 1980405500668. Eng. # 11989805500707. White/red leather. Odo: 299 miles. In single-family ownership for 57 years; consignor is second owner. Chassis, engine, body, transmission and axle numbers all match factory records. Restored in past five years to original livery per factory build card. Extremely fine white paint over buttery red leather. Matching luggage in place. Chrome, trim, carpets all as new. Fewer than 70k original miles, with 299 since restoration. Only shown once—2016 Pinehurst Concours, where it won the MBCA Award of Excellence. A no-questions car. Cond: 1. NOT SOLD AT $2,750,000. As so few were built, the Competition Court cars are exceedingly rare today, and those that survive are very closely held. Many of the Court cars were bodied by Figoni et Falaschi, including the two most recent sales. Pricing of these cars ranged from $2.42m in 2013 for a rather conservative (by F&F standards) ’36 Torpedo coupe, to $6.6m in 2014 for a flamboyant ’37 roadster. As a conservatively styled roadster, our subject car belongs somewhere in the middle, so the $2.75m high bid looks a tiny bit light. GERMAN #69-1937 HORCH 853 Spezial Stream- lined coupe. S/N 853433. Dark blue/black cloth/black leather with gray piping. Odo: 4 km. Replica of custom one-off built by Auto Union for pre-war Grand Prix star Bernd Rosemeyer, who called it “Manuela.” Constructed on an actual 853 chassis found in Belarus—less bodywork—by Horch-Classic; chassis shortened per the original. Very, very dark blue paint impeccable. Original Gülde fabric sunroof located and fitted. Black leather seats with gray piping; braided leather door pulls. Slightly faded front bumper chrome is the only demerit. Wears same front and fenders as the Horch Spezial roadsters. Cond: 1-. SOLD AT $379,000. One of only two 5HPs known to exist and dated by the Veteran Car Club of Great Britain. This car has competed in the London to Brighton Veteran Car Run 32 (!) times and looks like it’s ready for this November’s event. If that is on your bucket list, here was your ticket in. The SCM Platinum Auction Database shows a marked trend where the higher the horsepower, the more expensive London/Brighton Panhards become. Despite its rarity as P&L’s lowest-hp offering, this sale looks strong, but not by too much. 140 SOLD AT $1,352,500. Often referenced as a blue-chip collectible, relatively flat and even receding prices since 2014–15 have also made the Gullwing a bellwether of the current market malaise. Not so this car, as this was a strong sale and unlike many others in Monterey, sold within its estimate range. It likely benefited from being displayed outside, where its usually sedate white livery (helped by incorrect, multi-stage paint) really popped on the field. A great car, a market-leading price, and a good investment. #144-1959 PORSCHE 718 RSK Center- Seat Spyder. S/N 718028. Eng. # 90220. Silver/ tan vinyl. MHD. Overall Winner GP of Leopoldville, 1000 km of Buenos Aires. Raced at Montlhéry, Spa, Nürburgring/Nordschleife. Run at all six Rennsport Reunions. Retains original engine, gearbox, bodywork. Updated with front discs, auxiliary Le Mans fuel tank; sale also includes spare sway bar, flywheel and clutch, passenger’s seat, 2-seater NOT SOLD AT $320,000. The hard top and dramatically swept backlight/rear deck of the Sports Car Market

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On the Radar A whole new crop of world cars is now legal to import into the United States. If you’re not familiar with the rules, you can find info at by Jeff Zurschmeide 1994 Subaru WRX STi Bonhams Carmel, CA Pros: The most revered of all Subarus. The Impreza WRX has been sold in Japan since 1992, but in 1994 the Subaru Tecnica International (STi) skunk works delivered their modified WRX with 247 hp and 228 ft-lb of torque. The WRX STi did 0–62 mph in 6.6 seconds. AWD is standard on all WRX models, but hardcore otaku will seek out the Type RA with drivercontrolled center differential and 271 hp. Cons: Try to find one that hasn’t been driven into the ground. Price range: $10k–$15k, plus import costs. 1994 Nissan Silvia S14 windscreen and more. Paint very good due to clear bra across nose; rest of car to racing standard. Eligible to compete in historic Formula 2 due to center-seat configuration. Cond: 2. NOT SOLD AT $3,700,000. The 550-RSK-RS generation of race cars established Porsche on the international racing scene, so their importance cannot be overstated. As such, they are very expensive. RSKs over the past few years have sold in the high-$2m to mid-$3m range. Our subject car is a rare center-seat example with a major international win to its name, and that carries a premium. The $3.7m high bid was likely very close, but a car like this will always be worth more tomorrow, so the consignor was wise to take it home. #16-1974 PORSCHE 911 Carrera 2.7 coupe. S/N 9114400384. Eng. # 63421384. Black/tan vinyl. Odo: 62,243 miles. Extensive list of recent mechanical work totals $34k, including engine reseal, new rear lights, tires, fuel lines, reset cam timing and chain tensioners, fuel-injection adjustment, and installation of complete air-conditioning system. Paint may be original, with lots of chips, big and small. Black trim faded. Interior likely original; little wear but some soiling. Equipped with sunroof, ducktail and H4 lights. Selling at no reserve, with proceeds to benefit multiple (unnamed) philanthropic organizations. Cond: 3. (under 300 hp) but were originally only supposed to be homologation cars for a Group 5 “silhouette” racer. With Group C on its way in 1982, the project died. Fortunately, the M1 wears another wonderful Giugiaro design that has stood the test of time. A no-sale at $370k on the block, it sold behind the scenes for only $20k more. Somebody gave in—almost certainly not the high bidder—and a deal was cut. Rather well bought. ITALIAN TOP 10 No. 10 #152-1951 FERRARI 340 AMERICA Speciale coupe. S/N 0132A. Eng. # 0132A. Black/black leather. RHD. Pros: JDM version of the underappreciated 240SX. Equipped with a turbocharged 2.0-liter engine good for 155 hp and 139 ft-lb. Low and wide, this car was known for great handling. Choice of 5-speed manual or 4-speed automatic trans. For extra zoot, seek out one of the 50 Nismo 270R models built with 270 hp, factory aero kit, limited-slip diff, competition clutch and Nismo badging. Cons: Bland styling. Yes, it’s got more power than a 240SX, but only a 240SX owner will care about that. Price range: $5k–$50k, plus import costs. 1994 Nissan Skyline GT-R (R32) Odo: 8 km. Ex-Johnny Ysmael, Wm. Doheny, Ernie McAfee; consigned out of 60-year family ownership. Retains matching-numbers engine, original body panels. History documented by Massini includes factory build sheets. Currently showing 8 miles on odo. Paint cracked throughout; falling off in chunks. Chrome surprisingly very good; trim pieces all pitted. Headlight reflectors badly corroded. Interior appears redone. Flat-topped steering wheel quite good. Tiered, three-layer cigarette holder unfolds out of dash. Cond: 4. SOLD AT $62,720. The air-cooled Porsche market has lost some ground, but the unusual models are still holding their own. While not exactly a limited edition and certainly not the apex of 911 performance, this is the going rate for cars from the U.S. 2.7 Carrera’s ’74–75 run. The result here is a good balance of all the mechanical work and the driver-level presentation. As the proceeds from this sale went to charity, that may even be a bit of a bonus for the buyer come next April. Everyone should be happy. #117-1981 BMW M1 coupe. S/N Pros: The holy grail of JDM RADwood enthusiasts. Equipped with a 2.6-liter twinturbocharged inline 6-cylinder engine rated at 276 hp and 260 ft-lb and a 5-speed manual transmission driving all four wheels. Other special editions include the GT-R N1 and the end-of-production V-Spec and V-Spec II. Cons: With 43,937 units made, the R32 GT-R will never be as rare as it is cool. Price range: $15k–$40k, plus import costs. ♦ 142 WBS5 9910004301322. Stygian Blue/black leather. Odo: 49,022 km. Catalog states “Understated dark blue exterior” but heavily pearled finish looks purple and blue in bright light. Signs of full or partial respray; clearcoat peeling around quarter windows, cracks around rear hatch hinge. Some black trim faded. Wheels pristine, appear refinished. Tailpipes indicate car might be running rich. Seats nice, could use some conditioner; door panels too. Carpets sound but soiled and discolored. Some frayed stitching on dash. Cond: 2. SOLD AT $390,000. These cars were criticized in the day for being underpowered SOLD AT $3,635,000. 340s rarely come to market, so current values are speculative. The SCM database shows the two most recent sales in 2016 and 2017 (both Spiders with very good race histories) and they went for $8m and $6m, respectively. The catalog implies our subject car is not currently roadworthy, so the new owner will have upwards of $4m into it before it turns a wheel. When looking at the previous sales, the colorful ownership history helps, but this seems like a lot of money for a ratty coupe. #141-1952 SIATA 208CS 2+2 coupe. S/N CS057L. Eng. # CS023. Yellow & blue/tan leather. Odo: 21,307 km. A unique 2+2 built on lengthened 208CS chassis by Bertone for “Wacky” Arnolt; shown at the Paris (1952) and New York (1953) auto shows. Restored in early 2000s to very high standard. Paint still excellent except tape line separating blue from yellow paint on hood. Interior likewise Sports Car Market

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Bonhams Carmel, CA dard, but now showing some age. Paint very good but heavily polished and flaws becoming visible: splotch on A-pillar, chipping/scratching on front fender. Black interior vinyl with red piping very good, but carpets show some fade marks. Switch gear worn with some crazing. Chrome well done; bright trim lightly pitted. Top with slight discoloration from stowage; looks like it’s rarely seen the light of day. Sold without reserve. Cond: 3. outstanding save very light cracking on dash. Marchal lights; bright green horns just behind grille jarring. Cond: 1-. NOT SOLD AT $710,000. Car has traveled 125 miles since it was a $330k no-sale at a Bonhams auction in December 2007 (SCM# 1572247). A very handsome car in great colors, but alas, it IS a 4-seater. As it is the only one of its type, we can only surmise that it is subject to the same “discount” other Italian cars suffer when compared to their mechanically identical 2-seat brethren; for the sake of analysis, let’s say 60%. So, if a 208CS Balbo coupe is a $1.5m–$2m proposition, it’s fair to say that this car is worth $600k–$800k, plus something for rarity, age, and commission. Could have sold, but understandable that it didn’t. #128-1953 FIAT 8V Supersonic coupe. S/N 106000043. White/red leather. Odo: 332 km. Sold on several occasions; color changed at least four times by various owners. Received small-block Chevy V8 transplant in 1963; reunited with original engine during 2012 restoration in Netherlands by strada e Corsa. Still shows as concours-ready. One of 15 8V Ghia Supersonics built. A terrific car with a really interesting history. Cond: 1. SOLD AT $33,600. Owned and tended by the consignor for 30 years, this car appeared well done and looked very solid. Long-term stewardship and regular use are often a good barometer that a car is properly cared for. The final sale price here was well below the market, and I’m sure the seller was very disappointed with the result. On the other hand, the buyer should be over the moon, securing a fun, well-maintained, and vetted car at 50 cents on the dollar. #46-1963 LANCIA FLAMINIA 2.8 3C Spider. S/N 8261001420. Black/black cloth/ red leather. Odo: 78,667 km. Restored at unknown time; catalog declares paint “in fine condition, showing quite well for its age.” Unforgiving black panels very straight. Chrome dull; bright trim heavily polished. Soft-top cloth very nice but slightly baggy. Red leather excellent; carpets a touch faded below new rubber floor mat. Refinished wood steering wheel with varnish runs on metal center; shift lever comes through side of tunnel. Built with desirable “3C” triple carburation; one of 180 Flaminias so built. Cond: 2. SOLD AT $1,625,000. The 8V (Otto Vu) was bodied by all the top carrozzeria of Italy, but nobody outdid Ghia for detail with its Supersonic design. This coachwork is done no justice in photographs, and paint color is a part of that; this one’s white allows all the detail work to really stand out. Originally purchased by Dutch Darrin for resale. Soon sold on to Briggs Cunningham as $9,500 gift to his wife. Darrin delivered the car to the 1954 Sebring 12h race, which Team Cunningham then won. Expensive, but a market-correct price for a car of this quality and provenance. (See profile, p. 92.) BEST BUY #5-1963 ALFA ROMEO GIULIA Spider. S/N AR375165. Eng. # AR00 - 11207164. Red/black cloth/black vi- nyl. Odo: 51,645 km. An eye-catching fivefooter. All work done to a professional stan- November 2019 SOLD AT $100,800. Perhaps it was the warm, breezy weather, or perhaps I’ve read Donald Osborne wax about Lancia one too many times, but this was one of the cars I could have taken home. Not as fast or desirable as a contemporary Ferrari or Maserati, which the catalog used as a comparison, but still a beautiful and plenty competent charge for a drive in the country. This is a very real alternative to the other Italian cars for those who value style over speed and an excellent buy. 143

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Bonhams Carmel, CA #116-1965 ISO GRIFO A3/C Drogo coupe. S/N B0213. Eng. # 129F12183Q. Red/ black leather. Odo: 559 km. Early A3 Competizione model restored in 2013 by Salvatore Diomante, ex-foreman at Bizzarrini, where car was originally built in 1965. Show-quality paint, even on easily scuffed rivets. Deep buckets wrapped in leather, dimpled inserts; quilted covers on transmission tunnel, rear of interior. Rear glass with visible mold marks; sealant weeping at edges. Original Campagnolo cast manifold replaced with one later developed by Diomante. Comes with jack and knockoff hammer. Cond: 1-. it a good look Wednesday before auction. High bid was a lot of money for a race car that never did anything, but value would come as a very interesting piece of “What if?” history involving three iconic figures. Even having Mr. Brock introduce the car as it came to the block didn’t drive a sale. #26-1966 FERRARI 330 GTC coupe. S/N 9333. Eng. # 9333. Red/ tan leather. Odo: 12,051 km. One of several no-reserve cars from the Ted Gildred Collection. Originally sold into Switzerland wearing Azzurro paint, beige Connolly hides; actual ownership until early ’70s unknown. Last stated cosmetic work done in 1999. Only flaws in paint are chipping at front edge of right door, around trunk and rear window. Wing windows lightly blemished; driver’s side drip rail dented. Tan leather barely broken in. Becker Europa II radio with modern speakers in parcel shelf. Cond: 2+. BEST BUY NOT SOLD AT $480,000. Previously offered at Bonhams’ Scottsdale 2016 auction, where it didn’t sell against a high bid of $950k (SCM# 6798492). Iso built 20 Drogo-bodied race cars before Bizzarrini left to produce his own road/ race version of the same design and spec—the 5300 GT Strada. This is one of the 20 original alloy cars with the riveted body. While Iso variants don’t often come to market and are hard to price, several Bizzarrinis have sold over the past decade. The high bid here would not have bought a Bizzarrini 15 years ago, much less the far more rare and valuable Iso variant; another $400k might have been getting warm.... #125-1965 DETOMASO P70 Can-Am racer. S/N P70001. Red/black leather. RHD. Sports racing prototype project of Carroll Shelby. Designed by Peter Brock, built by DeTomaso to compete in USRRC racing series; program died as Shelby took lead in development of Ford GT40 for Le Mans. Never raced. Shown at Turin ’65 as Ghia de Tomaso. Ford 289 with Gurney-Weslake heads with 350 hp. In storage until 2004; reassembled and displayed at The Quail in ’05 and ’13. Restored—likely better than new; shown again at The Quail in 2015. Cond: 1-. and looks like a shorter, longer Fiat Dino coupe. A couple (also) silver examples, both with the larger 2.3-L engine, sold on BaT a few years ago for $40k and $57k, respectively. Our subject car was in as good or better condition than the latter car and sold for $47k. Looks like a pretty good deal to me. #14-1971 MASERATI GHIBLI 4.9 SS coupe. S/N AM115492036. Metallic bronze/ tan leather. Restored at unspecified time; work of very high quality now showing signs of age. Excellent paint now with light cracking around windows; filler showing around gas door. Chrome very good but showing some marks. Passenger’s side mirror loose. Window seals soft and sound with some tears, shrinkage. Interior with nice patina. Seat bottoms with very light cracking throughout; backs less so. Refurbished steering wheel, carpet nice and showing slight wear. Trunk won’t shut during preview. Cond: 2-. SOLD AT $450,500. Pick your speed, cruise all day in air-conditioned comfort, and know that the timeless look of this beauty will never go out of style. An awful lot of car for $450k AND $100k under market. I wish it were still in its original blue-and-beige livery, but in a “Ferrari-per-dollar” contest, this purchase would have been hard to beat anywhere on the Peninsula; buyer must still be giddy. #104-1967 OSI 20M TS coupe. S/N EX54GE01574. Silver/red leather. Odo: 5,180 km. Extremely handsome coupe; production commissioned by Ford of Germany. Fewer than 2,000 built; sold only in Germany, with 200 believed to survive. Stored in boxes for 26 years. Mileage believed original; recently restored. Paint excellent save odd marks on trunk, passenger’s door. Driver’s front door jamb very poorly finished; out of keeping with other work. New red leather; lovely wood shift knob. Inside door handles very tired; covers peeling off. Built with and retains 6-volt electrics. Sold at no reserve. Cond: 2+. SOLD AT $159,040. The catalog entry suggests this low-mile car has led an easy life, spending most of its 48 years in the south of France and Southern California, and there is nothing in its presentation that would contradict that claim. I recently read that anyone with a brown car from the ’70s should sell it— ASAP—but this understated, period hue lends itself to the elegant Giugiaro lines far better than more traditional colors. That it was purchased for a very reasonable price only makes it more beautiful. #78-1971 FERRARI 365 GTC/4 coupe. S/N 14461. Red/black leather. Odo: 72,358 km. Euro-spec car delivered in Italy but imported to the U.S. in 1972. Originally Azzurro Gladiateur (blue) but resprayed in red after coming stateside. Paint excellent. Trim, seals around windshield and rear windows rough; some areas caulked. Seat leather good, but leather on shift boot incorrect. Dash covered in some rubber-like material that is definitely not per Maranello. Cond: 2+. NOT SOLD AT $1,600,000. This gorgeous little car disappeared from most of the auction preview while on display at the McCall party. Not sure how much time it’s actually spent on track but as-is, it would likely have been underpowered in period. Peter Brock seen giving 144 SOLD AT $47,040. OSI (Officine Stampaggi Industriali / Industrial Stampings Workshops) was a subsidiary of Ghia specializing in producing niche automobiles. The 20M TS was based on the Ford platform of the same name, SOLD AT $196,000. The Platinum Database shows car being sold at Rick Cole’s Monterey sale in 1991 for $75,600, with 50,500 km. Basically a more softly sprung Daytona coupe Sports Car Market

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Glovebox Notes Bonhams Carmel, CA A brief look at cars of interest that have passed through the SCM garage. HHHHH is best. 2019 Volkswagen Golf SportWagen 1.4T SE wearing different coachwork with a couple extra (so-called) seats. While a lovely design that has aged very well, the model suffers the fate of all Ferrari 4-seaters, with much lower values compared to similar or related cars. This car was very well bought, especially so given its condition and could be flipped come Scottsdale. #89-1971 OTAS GRAND PRIX 820 Price as tested: $29,995 Equipment: 1.4-L TSI 16-valve DOHC turbocharged inline 4 with direct injection, 8-speed automatic with Tiptronic, electro-mechanical power steering, automatic LED headlights with automatic high-beam control, LED taillights, rain-sensing wipers, sunroof, blind-spot monitoring, lane-keeping system, collisionwarning system. EPA mileage: 27/36 Likes: Decent enough power from turbo 4, 8-speed automatic is well controlled and sporty when shifted manually. Great handling makes you forget you’re driving a small wagon. Nice fit and finish. Good warranty. Gripes: There is no nav — but pairing your smartphone will solve that issue, and that’s likely more user-friendly anyway. Rear legroom isn’t fantastic, but this is a small wagon. Ride is stiff. Was this thing tuned on the Nürburgring? Fun to drive: HH Eye appeal: HH Overall experience: HHH Verdict: You may not expect a whole lot from a small sub-$30k station wagon, but this one delivers — I chased a pair of new Acura NSXs up Laureles Grade after an afternoon at the Bonhams auction and forgot I was in a little blue wagon. But for the daily grind, that rough sports-car ride may get old — unless you’re the type of person who likes apexing every corner on your way home from the grocery store. Sports Car Market Keith Martin’s The Insider’s Guide to Collecting, Investing, Values, and Trends — Jim Pickering ™ coupe. S/N 0007. Light yellow/black vinyl. Odo: 4,789 miles. Built on modified Fiat 850 floor pan; engine de-stroked to 817 cc for emission purposes. Consignor-owned since 1974; very low mileage, with paint, vinyl and carpets claimed original. Driver-quality paint cracking on back bumper; tubular, stock front bumper painted black. Interior very sound; spackle-painted dash with basic instruments. Entire engine hatch serves as air intake using forward-facing slats. Aftermarket marker lights. Build quality slightly north of a kit car. Without reserve. Cond: 3. SOLD AT $14,560. The RX-7 enjoyed widespread success on race tracks around the world and established Mazda as a legitimate sports-car producer, and this low-mile time capsule sold for about twice what most decent survivors command. With the rise of the JDM/ Japanese collectible market, ’90s Supras now being six-figure cars, and good 240Zs over $30k, I think the buyer will look back in a few years and be very pleased with this purchase. #15-1991 AUTECH STELVIO AZ1 Za- gato coupe. S/N AZ10081. Purple & green color shift/tan leather. RHD. Odo: 4,194 km. Based on a Nissan Leopard and sold through Nissan’s customization arm Autech; 104 built. Big turbo 4 conservatively rated at 280 hp. Quasi-double-bubble roof, per Zagato design. Wears factory-applied kaleidoscopic paint; hue ranges from green/gold to blue/purple depending on how light hits it. Truncated, boxed mirror fairings on front fenders. Nicely kept outside, but a bit worn inside. Seat covers broken in with some soiling; dash top, carpets, suede door trim aged even more. Sold without reserve. Cond: 2-. SOLD AT $26,880. Looking like a stylized (Italianized) Saab Sonnett, the OTAS (Officina Trasformazioni Automobili Sportive) 820 was a badge-engineered car that sold under many names: Lombardi, Giannini and Abarth. Against a $40k–$60k estimate, it appears that our subject car might have sold at a substantial discount. However, with so few recorded transactions to reference, this toad looks to me like the world’s most expensive Fiat 850 and was quite well sold. JAPANESE #20-1979 MAZDA RX-7 coupe. S/N SA22C553839. Solar Yellow/black vinyl. Odo: 34,361 miles. Most of these potent little cars were driven harder and harder by successive owners until they died. Conversely, this one was spared such a fate due to a life spent in a private collection and then the British Sports Car Hall of Fame. Claimed original except a partial repaint; color of resprayed area is a little off and has runs, some debris. Black rubber trim fresh. Rear quarter windows with odd unpainted metal sheaths. Carpets, door cards look newer but could be as-born. Offered without reserve. Cond: 3+. Subscribe to SCM today and become a collector car insider 146 SOLD AT $44,800. From certain angles and certainly from the A-pillar back, this car is very crisp and attractive, with a lot of Alfa, Lancia and Zagato cues. The roundness of the front and the awkward mirror fairings, however (designed by committee?), are incongruous and make the car look like it has bad, afterthe-fact tack-ons like you’d see on a prop from an old B-grade sci-fi movie. Definitely a unique period piece, and, if that’s your shtick, the price of admission doesn’t seem so bad. AMERICAN #81-1928 CUNNINGHAM SERIES V7 sedan. S/N V5141. Eng. # V5217. Blue-gray/ black vinyl/gray cloth. Odo: 27,235 miles. Longtime resident of Harrah Collection. Restored at unknown time to regional show grade. Hand-formed aluminum body helped keep weight down to 4,900 pounds; fairly light for car’s size. Paint certainly a weak link; never to concours standard ,with orange peel buffed (somewhat) flat, run on passenger’s door. Vinyl top lumpy with some damage. Cloth seat covers good; door panels with woven brocade inserts quite handsome. Interior wood nice. Cast-aluminum dash polished but with lots of pock marks. Cond: 2-. SOLD AT $80,000. James Cunningham, Son and Company was a well-known hearse and ambulance builder in Rochester, NY, but for how long they Sports Car Market

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Bonhams Carmel, CA inches. Cowl, hood lowered; same for rear panels. Winner of inaugural Press-on-Regardless Rally, 1949; award winner at 1st National Roadster Show, 1950. Restored in 2012; shown at Amelia Island and Pebble Beach that year. Clear roof panels come apart in two pieces with three clips and five knobs. Air temp under roof estimated 15–20 degrees warmer than ambient. Cond: 1. built cars—1907 through 1936—you see very few today. Their passenger cars were known for their quality, and, at up to $9,000 when new, they certainly had to be. Though they don’t come to market frequently, when they do, Cunninghams of this quality typically command prices in the mid-$100k range. Harrah provenance still confers incremental value, which makes this result all the more in the buyer’s favor. #119-1930 STUTZ SV16 Monte Carlo se- dan. S/N M854CD27S. Eng. # 54315. Tan/ tan cloth. Odo: 677 miles. One of three survivors with this bodywork. Restored by RM Auto Restorations. Multiple top awards: Best in Class at Pebble Beach ’02, Amelia Island ’05, Pebble Beach again in ’15, 13 years after restoration! Still show-field ready. Weymann-style padded vinyl body pristine; brown-painted trim, fenders without fault. Multi-colored pinstriped tan cloth seat, door covers. Inlaid wood door caps continue across dash; scalloped metal plate contains clock-like gauges. Chopped top looks totally gangster. Cond: 1. SOLD AT $390,000. Offered previously by Mecum at their 2016 Monterey sale, where it didn’t sell at a high bid of $75,000 (SCM# 6808879). Vincent Gardner worked in design at ACD with Gordon Buehrig and then moved to Studebaker, where he worked under Raymond Loewy. His vision for this special was to meld Studebaker reliability with custom high style. The consignor commissioned no less than Fran Roxas to restore the car, which remains virtually flawless today. Not exactly the same as a Chrysler/Exner/Ghia one-off, but in the vein of a well-known, really cool personal/ quasi-kinda-sorta factory custom, this price looks fair. #131-1965 SHELBY COBRA 427 road- ster. S/N CSX3104. Guardsman Blue/black vinyl/black leather. Odo: 23,651 miles. 427-ci V8, 2x4-bbl, 4-sp. Real-deal 427 car. Restored extremely well in Guardsman Blue/black leather, as delivered. Wood wheel with proper finish; gauges bright. Small nits: chrome valve covers don’t look right; taillight rubber unseated. Modern upgrades include hidden electronic ignition, SS exhaust, urethane bushings and extra insulation. Comes with soft top/bows, side curtains, spare rim and tire, grease gun, jack and owner’s manual. Extensively documented, including letter from Shelby Club confirming delivery with 427 (not 428) engine. Cond: 1-. SOLD AT $1,380,000. The presentation of this car was first rate, and I can’t say that the “invisible/correctable” upgrades are a bad thing, having spent time in a real, early Cobra. Pricing of big-block Cobras can be affected by a few things; one of them is whether they have the more desirable and powerful 427 engine. It probably did not hurt that this one also wears the same Guardsman Blue as Shelby’s FIA team cars. Given its condition and specification, this is a good result for everyone. © NOT SOLD AT $400,000. Weymann-type body panels were fabric insulated with cotton batting, laid over a wooden frame, and had a textured matte finish. A refined spin on the doped fabric bodies that preceded them. This car was sold twice by RM, both times for $550k at Amelia Island in 2013 and 2016 (SCM# 5905298 and 6799333). Estimated here at $450k–$550k, but what do you do with it now? It’s won top awards at the big shows, and now has been across the block three times in six years. Will be tough to peddle without a loss, as it looks like the music has stopped. #123-1947 STUDEBAKER GARDNER SPECIAL coupe. S/N G222901. Maroon/ clear plexiglass/tan leather. Odo: 58 miles. 169-ci I6, 2x1-bbl, 3-sp. Based on a 1947 Studebaker coupe; remarkable custom for its time. All body panels modified; roof removed. Windshield, doors, cockpit moved rearward 18 November 2019 147

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Mecum Auctions Monterey, CA The Daytime Auction 2019 Leading all sales here this year was a 1967 Ferrari 275 GTB/4 coupe at $2,750,000 Company Mecum Auctions Date August 15–17, 2019 Location Monterey, CA Auctioneers Mark Delzell, Jim Landis, Matt Moravec, Jeff Knox, Russ Coughlin, Heath Spectre, Bernie Wagoner Automotive lots sold/offered 286/574 Sales rate 50% Sales total $29,574,175 High sale 1967 Ferrari 275 GTB/4 coupe, sold at $2,750,000 Buyer’s premium Not only was it a market-correct sale, it was Mecum’s top sale for the week — 1967 Ferrari 275 GTB/4 coupe, sold at $2,750,000 10%, included in sold prices Report and photos by B. Mitchell Carlson Market opinions in italics T o put it bluntly, 2019 was down a year for Mecum in Monterey. Back at their home base for the past decade at the Hyatt Regency Monterey Hotel & Spa right along California Highway 1, they had 123 fewer consigned vehicles and 76 fewer sales, which brought in $16.1 million less in gross sales than last year. To be fair, 2018 was an uptick year, yet their most recent results were even markedly down compared to 2017 — when 324 of 634 cars sold for a take of $33.5 million. While it was unseasonably warm this year, I’d hardly call that a good reason for sales being off. If anything, there seemed to be a general sense throughout the Monterey Peninsula this year that bidders were more guarded in making prospective purchases anywhere for any amount. For those who did buy, they did so with great aplomb for the most part. Outside of the dealer world, picking up a car because it was just a good deal was not as common. New this year at Mecum was an association with the Blackhawk Collection for private-treaty sales on select cars from their inventory. Combined with several collections of high-end Full Classics and modern performance cars, plus their usual consignors of American muscle and motorcycles through their Mid-America Motorcycles 148 division, Mecum offered a very well-rounded field of consignments this year. On the day before the opening salvo of the auction, Mecum conducted a press confer- ence to announce that they will be selling the 1968 Ford Mustang GT fastback that was the hero car from the movie “Bullitt.” Yes, I said selling, as Dana Mecum asserted that it will be offered at no reserve at their Kissimmee auction in January — marking the first time a vehicle on the Historical Vehicle Association registry will sell at auction. Back at Monterey, leading all sales here this year was a 1967 Ferrari 275 GTB/4 coupe, attaining $2,750,000. This was also a bit off from last year, the top sale then being a 1933 Duesenberg Model J Bohman & Schwartz convertible (2421/ J386), at $3,850,000. Backing up this year’s top sale were four more Ferraris — making half of the top-10 car sales from the Prancing Pony — from a 2014 LaFerrari fetching $2,640,000 to a 2017 70th Anniversary edition F12 berlinetta for $440,000. Those of us who’ve been around this industry for over a decade know that the market will ebb and rise with regularity. While this may be a low ebb, it’s hardly the end of the world. With the varied docket that Dana and crew had assembled here, Mecum will continue to weather whatever happens post-Monterey 2019. ♦ Sales Totals $50m $40m $30m $20m $10m 0 Sports Car Market 2019 2018 2017 2016 2015

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Mecum Auctions Monterey, CA ENGLISH #S34-1953 SINGER 4AD roadster. S/N L4AD1717V. Red/tan cloth/brown vinyl. Odo: 26,114 miles. Older presentable repaint, despite having a few scratches on the left front fender and cracks around the trafficator slots. Chipping at tops and edges of doors. Body cracks at seam for attaching rear fascia. So-so door fit, gaps. Replated bumpers, grille and headlight buckets. Light pitting on rear emblem. Cowl welting lifting on ends. Very light seat wear, more light embedded soiling than anything. Red primer on heater, with plenty of runs. Older, generic red house carpet, cut to fit well and now showing some staining. “Motor Minder” vacuum gauges not symmetrically fitted between clock and stock triple-gauge pod. Modern tape labels for all dashboard controls. Dingy, rusty undercarriage. Fitted with newer bias-ply tires. Cond: 3. it may not even have brakes. Cond: 3+. that it sold for $20k hotter than the SCM Pocket Price Guide, I’m not the only one to make that observation—just the only one without a bid card and decent credit line. #F128-1997 G-FORCE GF01 INDY-spec racer. S/N GF001. White, red, and blue/black Nomex. This car won the 1997 Indy 500, driven by Arie Luyendyk, and was cosmetically restored to how it was configured at that race by the team that fielded it. Bodywork and graphics are in excellent shape. Retains the powertrain, but has an oil leak along with missing an ECU, the wiring harness and telemetry. With those issues resolved, it could be vintage raced. Wheels are dingy, oxidized and discolored—in addition to the left front appearing to have a chunk of aluminum broken off near the hub. Shod with older Firestone Firehawk tires—likely dating to the era it was raced in. Externally visible portions of powertrain are generally clean. Cond: 3+. SOLD AT $23,100. I last saw this sell at Mecum’s Spring Classic in Indianapolis, where it fetched $14,850 (SCM# 6902294). I thought then that it did well enough, so I figured here it would get bid into the same ballpark and strike out. Turns out they knocked it out of the park on the first pitch. Well, no matter which auction you go to on the Monterey Peninsula this week, the only thing you can count on happening is things you never really expected, and this is one that fits that bill. Well sold. #S183-1965 SUNBEAM TIGER Mk I convertible. S/N B9470690. Moonstone White/black hard top/black vinyl. Odo: 247 miles. Modern Minilite-like wheels (MiniLikes?) shod with 195/50R15 unidirectional tires. Not equipped with a radio, having a blanking plug in right front fender instead of an antenna. STOA (Sunbeam Tiger Owners Association) certification for it being the real deal. Bare-body restoration competed last year. Fantastic body prep and paint application. Door fit could be a little better. Headlight bezels fit about as well as possible, but not perfectly. Filling them are Lucas sealed-beam lamps. All chrome has been replated, all alloy and stainless trim refurbished. New door and window seals. Good seat and door-panel upholstery work. Refinished wood on dashboard and steering wheel. Exceptionally clean and well detailed under hood. Tiger “Powered by Ford” cast-aluminum valve covers, modern aluminum radiator. Just as clean on bottom of car. Cond: 2+. SOLD AT $94,600. The color combination may be a bit bland, but this is one fabulously well-restored Tiger. Considering 150 SOLD AT $82,500. I picked these two GForce race cars to show how much difference it makes between essentially two identical cars if one wins the Indy 500. In this case, it’s about a quarter of a million dollars. However, without the engine, it’s less of an apples-toapples comparison. In theory, you’re a $750, rusted-out Aurora sedan away from making the car move under its own power, but it’s not quite that easy—although not insurmountable. Even as a car that actually had a podium finish at Indy, it sold well enough. FRENCH #S132-1947 DELAHAYE 135 MS Narval SOLD AT $440,000. It’s not often that you get a chance to buy an actual car that won the Indy 500, since there have only been 103 potential members of that club (although at least five cars have multiple victories—one of them was in victory lane three times). Price of admission here is about as inexpensive as one can find for a member of that exclusive club, especially one that’s parts-swapping away from being a runner. #F129-1997 G-FORCE GF01 INDY-spec racer. S/N GF008. White & blue/black Nomex. This car finished 2nd in the 1997 Indy 500, driven by Scott Goodyear, and was cosmetically restored as a display car to that race configuration by the team that fielded it. Bodywork and graphics are in excellent shape. Currently a roller without an engine or electronics. Barren dashboard, but the Nomex steeringwheel cover and seat are in rather good shape. Most electrical connectors inside and outside of the car are not connected to anything. Dusty, matte-black coating on transmission case. Generally clean wheels shod with older—if not in-period raced on—Firestone Firehawk tires with yellowed lettering. A 2x4 is used as a wheel chock on left rear wheel, so cabriolet. S/N 800495. Light blue/dark blue cloth/light blue leather. RHD. Odo: 2 km. Originally owned by famed French singersongwriter Charles Trenet, with a plaque affixed to the passenger’s side of dashboard attesting to that. Good bare-body repaint that comes off with a period-correct sheen. Slightly wavy fender skirts. Wire wheels painted to match the body, apart from the chrome knockoffs. One-off curved-hood side trim, which has been given a show-quality replate, as was the rest of the chrome on the car. Top starting to show some seam lifting, such as welting over top bows and at base. Equipped with a Cotal 4-speed pre-selector transmission. Clear plastic steering-wheel rim. Seat leather is showing some light wrinkling from breaking-in with light usage. Concours-quality detailing underhood. Just as clean, but all high-gloss black on bottom of car. Exhaust note is a bit more robust than expected. Cond: 2+. NOT SOLD AT $2,600,000. Stated to be one of seven Delahaye 135 models built with this Figoni et Falaschi “Narval” coachwork—no two being identical. “Narval” is French for narwhal, referring to the prominent proboscis over the grille. Why is it a compliment to call a French car a whale, yet calling an American car a whale is debasing it? With a stated $3.5 million reserve, as it was leaving the auction block after failing to attain that, the consignor may have felt the bidders were debasing his whale. Sports Car Market

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Mecum Auctions Monterey, CA Market Moment Courtesy of 1952 Ferrari 212 Inter Coupe by Ghia Sold at $950,000 Bring a Trailer, July 31, 2019, Lot 21181 Chassis number: 0191EL tronic media. Their blog migrated into a full-blown auc- R tion site in 2014, and it keeps growing. The site’s staples are popular collector cars, such as Alfa GTVs and Acura NSXs. The auction site is also peppered with weird and obscure offerings that keep readers coming back. Whatever you like, you will probably see it on BaT. Everyone’s an expert One of the interesting parts of BaT is the comments section that follows each auction. An assortment of experts, wannabe experts and regulars chime in on everything from the perceived value to characteristics of the model. They know if the car has been for sale before — and for how much. They will discuss the car’s weak points and strong points, with the former generating the most intense discussions. Few flaws escape the eagle eyes of the Peanut Gallery. They can make or break an auction. Recently, BaT added a Premier option to their auction. The Premier auctions highlight high-end models with up to 21-day exposure, added promotion and other premium services. A big bumblebee of a Ferrari An early Premier offering was one of the more interesting cars in the Ferrari world — a 212 Inter Ghia coupe originally numbered 0233EU but now known as 0191EL. Ferrari provided Carrozzeria Ghia SpA with chassis 0233EU to build a one-off show car for the 1952 Paris Auto Salon. The 212 was quite flamboyant, with a yellow-over-black paint scheme. Argentine President Juan Perón saw the car at the show and purchased it for his collection. Perón was an elected president who later became a dictator. His wife, Eva, was known as a defender of the common man. Her life would become the subject of the musical “Evita.” This BaT auction brought a lot of attention to the site. The controversial styling was a hot topic. So was the price. The $950,000 final bid was the third-highest in BaT history. The buyers already have an early Ferrari that they have restored and shown over the past couple years. It is a family activity, and they would like to do the circuit again. They think the distinctive one-off Ferrari with Ferrari Classiche certification, an impressive pedigree and a great restoration will open the doors to the big shows. I believe that for the money, they couldn’t have made a better choice. — Steve Ahlgrim 152 andy Nonnenberg and a college friend co-founded Bring a Trailer in 2007 to share listings of interesting cars they discovered while sifting through elec- SOLD AT $50,600. While it seems like there’s more appreciation for these in recent years, they also seem to have skipped past the younger generations who favor “Youngtimer” 1980s cars that seem to be in vogue as of late (unlike the BMW 2002s, which that segment has cottoned to). Last seen at Gooding’s 2017 Scottsdale auction, then selling for $81,400 (SCM# 6827527). It’s either changed a lot of hands, continuing to sell for less, or that buyer two and a half years ago really wants to get rid of it now. While very well sold back then, here and now—with no reserve—the market spoke with greater clarity. And without a French accent. GERMAN #S108-1938 MERCEDES-BENZ 170VS Gelandesport Alpine racer. S/N 422333. Black/black cloth/black leather. Odo: 42 km. High-quality restoration; started in 1995 and completed in 2018. Restored well enough that it won the Chairman’s Choice at the 2019 Amelia Island Concours and the International Journalists’ Award at the 2019 Greenwich Concours d’Elegance. Excellent bare-body repaint, but already has some light polishing scratches in a few places. Reasonably good door and panel fit. White numbering on hood and doors integral to overall repainting process. Six new reproduction Michelin tires on stock rims (the other two are in the rear storage compartment with a fuel tank, rope, cable, block and tackle, tool roll, plus wheel chocks). Clean and correctly detailed engine bay. Chassis is just as clean. Seats starting to show some light wrinkling more than any type of wear. Sports Car Market #S40-1973 CITROËN SM coupe. S/N 00SD0265. Blue metallic/black leather. Odo: 8,853 miles. A rather decent repaint was done a few years back, still presenting well despite some light orange peel on C-pillars. Brushed touch-up at top of windshield from road debris. Aftermarket window tint on all glass aft of windshield. Selective replating of smaller trim and emblems, buffed-out stainless moldings. Doors rattle when shut. Older seat redye still presentable, but soiling evident in pleats. Generally clean underhood, just shy of calling it detailed. Low-budget plastic inline fuel filter spliced into the fuel line. No fewer than four tap-on connectors at positive battery post for other electrical adds. R134a fittings on a/c system. All matte black on undercarriage, to include economy-grade exhaust but not the new hydraulic accumulators at each corner. Cond: 3+.

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Mecum Auctions Monterey, CA More boisterous of an exhaust note than one would expect, but not obnoxious. Cond: 2. SOLD AT $330,000. When the 170 was first shown at the 1931 Paris Auto Show, it was the first passenger car to be built with 4-wheel fully independent suspension. As such, as the 1930s progressed, the production cars were favored for regional races in Germany, once they were pared down from a comfortable touring sedan for racing. To cater to that market, it is believed that this example is the first of 10 cars made by Mercedes to Alpine Racing specifications (to include the aluminum and magnesium coachwork), the only one that is still known to exist, and the only that left Stuttgart painted black. When it crossed the block, it was a no-sale at $250k, but Mecum’s postevent data shows that this was a post-block sale. #F22-1962 PORSCHE 356B roadster. S/N 89748. Oslo Blue/black cloth/red leather. Odo: 56,987 miles. Copies of the Kardex and Porsche CoA confirm the car was originally in this color combination. Intimate ownership history since 1971. Claimed to have been fully converted to 1600 Super specifications several decades ago, before the most recent restoration that commenced in November 2017. Superb repaint, with the correct sheen. Chrome a touch more brilliant that original. Cloisonné PCA badge on passenger’s side engine-lid grille. Scuffing and wear on original body builder’s badge. Seats, door, panels and dashpad look—and smell—freshly minted. New repro rubber flooring. Freshly redone engine, detailed to stock and show-ready. Rear suspension sits a bit high, due most likely to new rear shocks. Squeaky-clean undercarriage, with no flash rust on bare-metal fasteners. Cond: 2. #F31-1974 BMW 2002 TII 2-dr sedan. S/N 2782661. Chamonix White/black vinyl. Odo: 12,917 miles. Optional sunroof, a/c and Becker Mexico AM/FM/cassette stereo. E30 basket-weave alloy wheels and steering wheel, plus period Hella fog lamps and Recaro front seats. Door fit, gaps quite good. Excellent bare-body repaint done in 2014, with new glass, seals and reconditioned or reproduction brightwork, as needed. Masking a bit sloppy in places in door jambs, as is application of glue for pinchweld moldings. Underhood, things are stock and tidy. Original plastic vessels—such as clutch master-cylinder reservoir, washer-fluid bottle—heavily yellowed. Modern rotary a/c compressor displaces stock unit. Sloppy additional wiring added around battery. Newly reskinned seats, door panels and dashboard. New carpeting. Cond: 2-. SOLD AT $37,400. This was the first year of not only the change from round to square taillights, but also guardrail bumpers fore and aft, plus more invasive emissions controls. As such, “squares” have far less of a following— and subsequent lower value—than the earlier “roundies” (in all fairness, I’m a former owner of a “roundie,” so, while I have my biases, the market data backs me up). However, the combination of attrition from age plus use and younger enthusiasts getting into 2002s has caused an uptick in “square” values. Despite this, I’m still calling this one better sold than bought, especially since we last saw it at Mecum’s Phoenix auction in March, where the buyer got into the car at a nowvery-profitable $22k (SCM# 6904241). #T129-1976 PORSCHE 911S 2.7 Targa. NOT SOLD AT $240,000. Last seen on this very piece of turf two years ago, also a nosale, but at $145k (SCM# 6847266). It could’ve sold at the final bid, although the consignor was likely still smarting from the restoration that was just done on it. A surprisingly low bid compared to the other Twin Grille sold at Gooding & Company in Pebble Beach for $610k. November 2019 S/N 9116210059. Black metallic/black vinyl/ black leather. Odo: 83,012 miles. Original paint, but has a few patches where it has been buffed very thin on the fender peaks. Light ding and scrape on left front fender between wheelwell and the headlight bucket. Good original brightwork. Sun-faded side window rubber and plastic grille on engine hatch. Roof panel has four places on forward edge and two on rear edge where it appears to have been pried off the car—or at least someone tried to—with raised vinyl damage. Seats are in good shape; door panels would be if speakers weren’t cut into them. Carpet has moderate wear and some discoloring. Modern sound system displaces the original radio in the dash, with an aftermarket DIN mount. Engine looks to have been regularly maintained, but has not been cleaned recently—top or (especially) bottom. Original Fuchs wheels shod with modern radials that are at approximately their mid-life. Cond: 3. 153

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Mecum Auctions Monterey, CA ITALIAN #F113-1954 FERRARI 250 MONZA NOT SOLD AT $26,000. We’ve started to see the tide go back out on 1970s and 1980s 911s for at least a year now, and especially so on driver-grade examples like this one. Not sure if we’ll get back to where the market feels this is a $12k car, but I’m back there already. Bidding with real money started at ten grand, so I’m not the only cheap SOB out there. Consignor really should’ve cut it loose before the tide goes farther out to sea. Stated as it rolled off the block that “we need to be at thirty thou.” #S150-1982 PORSCHE 935 DP Motors- ports coupe. S/N WP0ZZZ93ZCS000212. Guards Red/black leather. Odo: 20,751 miles. Built in period by DP Motorsports. Utilizes a RUF-built BTR 3.4-liter engine with Bosch K-Jetronic fuel injection and turbo with in-car manually adjustable boost control. To nobody’s surprise, sold with a “you can’t buy this if you live in California” emissions statement. Good paint and graphics. Original colormatched Fuchs wheels on newer rubber. Headlights relocated into lower air dam. Factory-optional sunroof and a/c. PCA and 1980sera Nürburgring decals in rear-quarter windows. Custom interior touches include red-faced gauges, red piping on the seats (fronts only; the rear had to leave when the roll-cage was installed), smaller-diameter steering wheel, billet pedals, fire extinguisher mounted ahead of passenger’s seat rails, and later-model JVC in-dash CD stereo. Plastic ignition-key bezel heavily faded and scratched. Cond: 2-. roadster. S/N 0432M. White/red leather. RHD. Ferrari Classiche Red Book issued in 2015, which establishes the car’s story and is sticking to it. Originally fitted with a Pinin Farina racing body and used for two years by a preferred Scuderia Ferrari client. It was reacquired by Ferrari by 1957, fitted with the current Scaglietti pontoon-fender body, and sold to Luigi Chinetti in 1959. Superbly restored, authentic to when it was initially imported to the U.S. in 1959. Paintwork is better than technically possible by the best craftsmen of that day. Minimal scuffing on seat bottoms and wood steering-wheel finish. Clean and authentically detailed underhood, with the exception of a modern NAPA battery. Concours-ready cleanliness on undercarriage. Cond: 1-. SOLD AT $40,700. Yeah, I know it seems odd to call this Coupé a coupe, but the former is the model sub-name for this Pininfarina-built body while the latter is the body style. Actually, a casual glance might make one think it’s a 2-door hard top, almost looking something like a 1965–67 Chevy Nova’s Italian cousin— although it might take a few swigs of Coors Light with a sangria chaser to really make the connection. Enough of a connection was made with someone here, as it sold reasonably well considering that it’s not especially great. Once we finish this 12 pack and bottle, we’ll start talking about dropping an LS V8 into it. #F119-1967 FERRARI 275 GTB/4 NOT SOLD AT $20,000,000. The last previous transaction in which we saw the car was at RM’s sale here in Monterey in 1999, when it was declared sold for $2,970,000 (SCM# 1533260). Since then, it was acquired by and restored for our host here, Dana Mecum, who offered it as part of his and his wife’s collection (and kudos to him for being frank and open about it being his car). While it was stated that he wanted at least $22m for it, one gets the impression that his reserve may be more of a moving target. The car was immediately removed from the site after it crossed the block, and was next seen on Sunday morning as part of the Scuderia Ferrari 90th anniversary display at the entrance to the Pebble Beach concours. #S39-1965 LANCIA FLAMINIA Coupé NOT SOLD AT $280,000. Based on what I saw at Techno Classica this year, 1980s aircooled Porsches from DP, RUF, B+B, and other period tuners are the hot ticket for Europeans who are into the “Youngtimer”-era cars, as they are wont to call them over there. As far as California is concerned, the view from here is that they fell flat on their face (not too surprising, considering that this is where a Carrera GT is considered oh-so-2008). This was part of a four-car collection of DP-tuned 911s, and not a one of them broke the reserve. Might be best for them to take the leap back across the Atlantic to the Fatherland. 154 2.8 coupe. S/N 626030001693. Silver/red leather. Odo: 85,201 km. Older, masked-off repaint generally presentable—the masking lines aren’t that thick, even if several are easy to find. Good door fit, although driver’s side gaps aren’t spot-on. Older bumper replate and selective trim refurbishment. Light dings in roof drip rail. Check that; most of the body side trim, too. Cracked and loose-fitting driver’s side taillight lens. Belgium and Luxembourg badges on grille, 2013 Guatemala registration decal on windshield. Redyed seats, with some pleat stitching coming loose and cracking on driver’s seat bottom. Light-tomoderate carpet soiling and wear. Period Nardi wood steering wheel and Blaupunkt AM/FM Euro-spec radio. Newer muffler and 195/75R16 tires. Cond: 3. coupe. S/N 10735. Rosso Corsa/black leather. Odo: 12,943 km. Ferrari Classiche Red Book certification, with the original s/n tag replaced with a new Ferrari Classiche tag. Optional power windows and rear window defogger. Fitted with Borrani wire wheels shod with reproduction Michelin XWX radials. European-market car when new, imported into the U.S. in 1986. Superbly restored in the past few years, starting to show light wear from aging and limited use. Excellent body prep and paint application. Spot-on, tight door gaps, solid door fit. All-new door and glass seals. Stockgrade replating—not too dull, not over-the-top shiny. Evans Coolant tag in rear center console. Tidy and stock engine bay, aside from a two-year-old Interstate battery with a screwoff quick disconnect on negative terminal. Clean undercarriage. Cond: 2. SOLD AT $2,750,000. While the car was built in late 1967, it was sold new by Franco-Britannic Autos in Paris to a French surgeon in January 1968. As such, it should fall into line with most states as being registered as a 1967-model-year car and resultant smog—or lack of smog—requirements (although for the state it’s going to, it will be a non-issue). Final bid falls right smack in line with our price guide and Mecum’s pre-sale estimate. So not only was it a market-correct sale, it was Mecum’s top sale for the week. Sports Car Market

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Mecum Auctions Monterey, CA #S113-1973 FERRARI 365 GTB/4 Day- tona coupe. S/N 16537. Rosso Dino/black leather. Odo: 11,882 miles. Ferrari Classiche certification recently completed. U.S.-spec car, sold new by Chinetti-Garthwaite Imports of Paoli, PA. Stated the indicated miles are actual from new. Bare-metal repaint in correct original color completed in 2017, while it had a mechanical refresh within the calendar year. Moderate scratches in various places on windshield and glass moldings. Good panel fit and shut lines. Seat bottom has wrinkles more from age than use. Carpeting pulling loose from bottom of center console on passenger’s side. Original Becker Mexico AM/FM/cassette deck in console. Very clean and very stock underhood. Smog pump is in place but doesn’t have a belt on it. Light road spray on undercarriage, but otherwise uniformly semi-gloss black. Cond: 2-. jealous. At least Toyota learned from their mistakes. Considering that more of these have been surfacing at auctions lately, mostly selling within swatting distance of twenty grand, neither buyer or seller made much of a mistake here. bean-hole alloy wheels and newer sound system, this is the nicest stock Z-car I’ve seen in a long time. Since values have tended to yo-yo over the past decade and change, you tend to run into them done up well enough to look pretty to sell—not the full bare-body restoration this one had. Granted, this was done up when it was looking like Zs were the Next Big Thing, and some folks still think that way today. I’ll just say that this was one worth stepping up for—especially if you have a stock radio for it and a new front bumper in your garage. #T149-1980 TOYOTA RN47 KDA 4x4 SOLD AT $715,000. When I first saw this, I thought, “Gee, no wonder it’s for sale—they botched the Rosso Corsa repaint and made it almost Pontiac Cardinal Red.” Nope, no cardinal sin here—that’s the correct color; believed to be one of five Daytonas originally painted Rosso Dino. Truth be told, I like it a lot more that Rosso Corsa. While others like it too—especially those with bidder’s cards— they didn’t like it nearly as much as whoever at Mecum gave it a pre-sale estimate of $725k to $800k. However, it was good enough for the consignor, who cut the reserve loose at $650k. JAPANESE #F136-1973 DATSUN 240Z coupe. S/N HLS30136576. Orange/black vinyl. Odo: 13,933 miles. Factory a/c, converted to R134a. Stated that the car received a comprehensive restoration that concluded in 2003. Bare-body repaint is vastly better than original. New glass and rubber seals, but stainless lock strips are original and have some light scuffing. Missing door-stop bumpers, yet doors shut solidly and don’t rattle. All chrome replated, to include dealer badge on rear hatch. Replated front bumper has a ding just to driver’s side of center—likely from a post. Expertly reupholstered seats and door panels. Modern electronic radio and twin cup-holder adapter by center console armrest. Aftermarket speakers cut into rear panel, below hatch. Well detailed to stock and very clean engine bay. Mostly black undercarriage, but has new brake lines and hoses. Cond: 2+. SOLD AT $38,500. Apart from the period aftermarket, kidney- 156 LWB pickup. S/N RN47035825. Tan/tan cloth. Odo: 78,006 miles. Consignor is of the opinion that the indicated miles are correct from new. Stated that it wears original paint and graphics, yet the pickup box (but not the tailgate) has been resprayed at some point. Front fenders have some chips and scrapes touched up with a small brush. Very blatantly obvious spot-weld divots on box sides from installation of wheelwells. New 215/75R15 mud-terrain tires on stock rims. Older seat reupholstery work. Driver’s door panel has heavier wear and sun fading; both have been chopped, fitted with aftermarket speakers. Those are driven by either the stock AM/FM radio or a hidden sound system. Recently cleaned-up engine bay—generally faithful to being stock. New day-glow blue ignition wiring and older, budget-grade battery. Cond: 3+. AMERICAN #S117-1934 PACKARD SUPER EIGHT Series 1104 Convertible Victoria. S/N 76765. French Blue/tan cloth/blue leather. Odo: 548 miles. Professional restoration completed on it over a decade ago. Paint and rechroming still as resplendent as the day they were sprayed and plated, respectively. Good door and panel fit. While engine was expertly detailed when it was restored, use has generated moderate gasket weeping plus heavier flaking off of enamel coating on exhaust manifold. Reproduction cowl tag. Chassis and all driveline components (including the suspension) are oddly painted a slightly lighter shade of Packard engine green. However, it was very well applied and is quite clean—lacking even any slight oil leaks or grease seeping. Fully reupholstered interior. Light carpet wear below pedals. Excellent finish on wood trim. Cond: 2-. SOLD AT $19,250. This was erroneously called an SR5 in the auction description, but to be an SR5 it had to have a 5-speed transmission—which this 4x4 doesn’t have. The younger generations are definitely into these HiLux-type Toyo pickups. A good example was a conversation I overhead while writing this up between a middle-aged man and his college-aged son: “Dad, that pickup is so cool.” “Why?” “Because ’80s Toyotas are just, like, just so cool.” “Why?” “Well, they just are.” This was built back when Toyota’s build quality was still on a learning curve, as can be witnessed by the spot-weld divots that would make a Land Rover fan either embarrassed or NOT SOLD AT $145,000. I don’t know what they were thinking putting a French Blue body on a John Deere Green chassis, but it would drive me nuts if I had this car, to the point of painting the green bits black (apart from the engine)—even if I had to resort to a case of rattle cans. Part of the Academy of Art University Collection; they may have even preferred it to have a non-matching, garish color combination. However, us few surviving Full Classic enthusiasts generally don’t—we now want them correctly painted as-new, thank you very much—if for no other reason than to purge the over-the-top, garish paint jobs from the 1950s and 1960s era of collecting. Part and parcel of why it didn’t sell, despite being well bid. #S172-1951 STUDEBAKER COMMANDER Manta Ray custom roadster. S/N 594912. Light beige/white vinyl hard top/ beige & cream vinyl. Odo: 14,722 miles. 365ci V8, 2x4-bbl, 3-sp. Mid-1950s custom, loosely based on the GM LeSabre. Built on a modified Studebaker chassis, originally powered by the donor car’s 232-ci V8; now with a Cadillac V8 under hood. Repainted decades back, with various areas of light cracking. Period “custom built” chrome badges, to assist the more daft observers. Taillights from one- Sports Car Market

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Mecum Auctions Monterey, CA and-a-half 1952 Lincolns grafted to rear. Thirteen gauges or displays—from a Cadillac speedometer to a wind-up alarm clock—are glued or troweled permanently into dashboard with either putty, fiberglass, or maybe even plaster or concrete. Top 40% of the Lincoln steering-wheel rim was cut off and the ends fitted with white bicycle handle grips. Seat vinyl is in decent shape. Removable padded hard top. Build quality akin to being assembled after downing a couple of cases of Hamm’s beer. Mecum’s VIN-irregularity announcement sticker on the windshield—fancy that. Cond: 4. NOT SOLD AT $190,000. Some may think that imitation is the finest form of flattery, but that dull rumbling coming from the northeast is Harley Earl and William Mitchell spinning at redline in their graves. Looks more like the product of an illicit affair between a ’51 Studebaker and a 1954 Glastron speedboat. Hang a 90-hp Mercury Marine outboard on the back off the center taillight and see if it floats—if not, then the real manta rays can see if there’s any likeness. It may have been a big deal back in the 1950s, but there are a few things that just need to stay back in that decade—and this is one of them. #F80-1955 CHEVROLET CORVETTE roadster. S/N VE55S001480. Corvette Copper/ white vinyl/dark beige vinyl. Odo: 8,858 miles. 265-ci 195-hp V8, 4-bbl, auto. Betterquality restoration completed in recent years. Good body prep and paint, although top flipper has a significant amount of light scratching. Also has a few nicks from top frame landing on it. Typical C1 door-fit issues: Gaps look okay when looking straight at them, but the door protrudes from the body by at least a quarter of an inch. All chrome replated, including underhood. Recently detailed engine bay, with a good engine repaint. Correct, original exhaust log manifolds, with new ground straps. Expertly restored interior with reproduction materials, with only light wrinkling on passenger’s seat. Clean, show-quality detailing on chassis, to include replicated inspection marks, yet bare-metal hardware has light flash rust. Cond: 2. SOLD AT $104,500. Last seen in May at Mecum’s Spring Classic in Indy “ 158 (SCM# 6902309); the only difference since then is five more miles on the clock shuffling around two auction venues plus in and out of trailers. There I thought it was realistically bid to $82k, as there’s no definitive proof presented to assert that this is one of the 15 or so Corvette Copper-painted 1955 models. However, the consignor proved to have slightly better judgment, as it did a little better here— barely squeaking in at the $100k-to-$120k pre-sale guesstimate at Indy, yet tweaked here to be $90k to $120k. Not sure if it was worth the extra expense for listings and logistics to drag it to another auction, but at least it should be gone. #F139-1965 SHELBY COBRA 289 road- ster. S/N CSX2588. Maroon metallic/black cloth/black leather. Odo: 55,267 miles. 289-ci V8, 4-bbl, 4-sp. Well-known in SCCA circles, with a fully documented ownership chain, starting when it was sold new by Vel’s Ford Sales in Torrance, CA. Professionally repainted in its original hue and the driveline sorted out in 2006. Most brightwork is in superb condition, the windshield surround and knockoffs showing some light pitting. SAAC and Cobra 1000 decals on the windshield. Chrome knockoff wire wheels shod with Michelin XWX radials. Supple and lightly wrinkled leather seating. Top and side curtains neatly stowed behind seats. Good door and panel shut lines. Decade-plus-old detailing under the hood, with more recent, topical clean-up on engine. Washed-off undercarriage, with some light road-debris chipping. Cond: 2-. tended rap sheet in the Platinum Auction Database, seeing it cross the block at least four previous times in front of our peepers, and twice within the past year. Another one of Dana and Patti Mecum’s cars, and well enunciated as such. So that explains why it’s been on tour. The hammer price here was the same as it was bid to here two years ago, so it must have just been a case of being time to shut the tour down. Yet it sold well enough to be the fifth-highest sale here. #S98-2004 FORD GT PB1-1 Nardo test coupe. S/N 1FAFP90S25Y400037. Yellow/ black leather. Odo: 38,369 miles. 5.4-L supercharged V8, 6-sp. The first pilot production example built at the Wixom Assembly Plant, used for high-speed testing in Europe. Most famously, it attained 209.1 mph at the Nardo Ring in Italy. Being a test car, it’s fitted with a roll cage, Sparco five-point racing harnesses, and various mounts for test and telemetry equipment. Signed in several internal locations by several members of the GT team within Ford—to include Carroll Shelby on the passenger’s airbag cover. Overall light seat wear, light scratches on dash and console. Paint has some chipping and panel-edge wear. Front tires low on tread; rears down into wear bars. Used-car engine bay, with light oxidation on all bare aluminum, light flash rust, occasional gasket seepage, and light grime. Light road spray on undercarriage. Cond: 3+. SOLD AT $1,045,000. This has quite an ex- Some may think that imitation is the finest form of flattery, but that dull rumbling coming from the northeast is Harley Earl and William Mitchell spinning at redline in their graves. 1951 Studebaker Commander Manta Ray custom roadster NOT SOLD AT $570,000. With all of the sterile, no-mile, on-the-MSO, minty-virgin GTs that are on the market (and pretty much driving the market), perhaps the most unusual thing about this one is that it’s actually been used and shows it. Not beat to crap, just used. 38k is high miles for one of these. The consignor, who bought this from Ford at a GTowner-only charity auction over a decade ago, thought that being a test build and record holder would greatly usurp it being a used car. To some extent it did, but not enough for him to cut it loose. Final bidder was more correct on its value than the consignor—although there’s probably more of a “look at what I got in my toy box” factor than any real interest in making it go to a new home. © FOLLOW SCM ” Sports Car Market

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Russo and Steele Monterey, CA Russo and Steele — Monterey 2019 An iconic Gullwing ended up as the high sale of the auction, finding new ownership at an impressive $1,210,000 Company Russo and Steele Date August 15–17, 2019 Location Monterey, CA Auctioneer Mike Shackelton, Dan Shorno, Rob Row, Mitch Jordan Automotive lots sold/offered 69/146 Sales rate 47% Sales total $7,110,110 High sale 1955 Mercedes-Benz 300SL Gullwing, sold at $1,210,000 Buyer’s premium 10%, included in sold prices Top seller — 1955 Mercedes-Benz 300SL Gullwing, sold at $1,210,000 Report and photos by Brett Hatfield Market opinion in italics M onterey Car Week is a Mecca for the automotive obsessed, but the weeklong festival does not operate within the confines of reality. For a full week, you will see Ferraris, Lamborghinis and McLarens with the frequency the rest of the country sees Toyota Camrys, Honda Accords and Ford F-150s. Each day welcomes a cornucopia of car events to satisfy most every taste. Test drives, concours, parties and auctions pepper the Monterey Peninsula with seven days of gearhead nirvana. It is common to see car-world luminaries at these events, walking, talking and participating just like the rest of us. Welcome to Planet Car. Held at the scenic Fisherman’s Wharf, Russo and Steele serves up some of the fin- est European luxury and exotic cars, along with a healthy dose of American muscle, Classics, and Japanese performance vehicles. The main pavilion is located at the corner of Del Monte and Washington, with a new, larger, second parking lot overlooking Monterey Bay. Owner Drew Alcazar and his staff endeavor to bring a unique experience to Car Week, with a roster of vehicles that seems to get better every year. There is something for everyone at Russo. Porsches, Ferraris and Corvettes were plentiful, sharing the lot with some interesting customs and classics, and even a 1960s-era Batmobile. There was a pair of 1950s MercedesBenz 300SLs — one Roadster, one Gullwing — the perfect bookends to any collection. The iconic Gullwing ended up the high sale of the auction, finding new ownership at an impressive $1,210,000. Second place was taken by a slab-side Shelby Cobra, resplendent in Monza Red over black leather, which traded hands for $962,500. While total sales were down by $1.3m from 1972 Honda Z600 coupe, sold at $4,510 160 2018 ($8.46m to $7.11m), that represented the lowest dollar drop for any of the Car Week auctions. ♦ Sales Totals $12m $10m $8m $6m $4m $2m 0 2019 2018 2017 2016 2015 Sports Car Market

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Russo and Steele Monterey, CA ENGLISH #8117-1952 TOJEIRO BARCHETTA roadster. S/N RMS1. Eng. # J76622. Silver/ brown leather. RHD. Odo: 11,864 miles. Built by AC Ace designer John Tojeiro. Fully documented period racer, including ownership by Augie Pabst. Alloy-bodied car weighs 1,200 pounds and is powered by 1.4-L MG engine. Paint is quite good, shows quality prep and execution. Leather straps keep the hood in place. Twin Monza-type fuel fillers. Chrome shows no signs of age. Attractive tan leather interior has minimal wear. Aluminum dash houses gauges from multiple makers. Cond: 2-. #8060-1959 TRIUMPH TR3A roadster. S/N TS58860L. Mandarin Red/tan canvas/tan leather. Odo: 2,539 miles. Recent refurbishment including engine, carbs, interior, new wheels, tires and top. Mandarin Red paint presents well, with some buffing marks visible. A couple of small stone chips mar the passenger’s side rear fender. Chrome bumpers are beginning to show their age, becoming hazy. Letters across the nose have wax caught in the fine grooves. Engine bay is clean and correct, with proper finishes. New interior adds some appeal to an already attractive package. Cond: 3+. seeing. Apparently, I wasn’t the only one, as the money offered was well below market. Appeared unsold at an $18k high bid, but listed as sold in the post-sales results. #8067-1966 JAGUAR E-TYPE Series I 4.2 convertible. S/N 1E11555. Black/black cloth/black leather. Odo: 34,533 miles. Black paint presents well enough, with some buffer swirl present. Chrome bumpers look to be in good nick, with some exhaust residue present on rear bumper above the pipes. Chrome wire wheels are clean, without rust. Engine bay is tidy, correct. Interior leather appears to be recent, with only minor creasing present. Carpets look new. This restoration smacks of quality. Cond: 2. SOLD AT $187,000. Last seen at Russo’s 2013 Newport Beach sale, where it changed hands at $159,500 (SCM# 6412645). The price paid here seems a bit of a bargain for a rare sports racer with full documentation, provenance and Ferrari 166MM looks. #8168-1958 JAGUAR XK 150 S road- ster. S/N S830436DN. Black/red leather. Odo: 70,564 miles. Older restoration that is holding up well. Paint is glossy from a few feet back, but close inspection reveals ample towel swirl. There is a thumbnail-size ripple in paint just below driver’s side door handle. Chrome bumpers are holding up well, with only some buff marks to separate them from new. Glass is clear and damage-free. Chrome wire wheels present well. Seats show very little wear. Black aftermarket modern seat belts are out of place. There is a minor rub mark toward the rear of driver’s door map pocket. Cond: 2-. SOLD AT $20,000. The TR3A update that bowed in 1957 saw the grille widened, the addition of exterior door handles, a lockable trunk handle and a full standard toolkit. It was considered more attractive and practical. Despite some light cosmetic issues, most of the heavy work on this TR3 had been done. The winning bid here represented a decent bargain, allowing the new owner room for improvements, if desired. Very well bought indeed. #8108-1963 TRIUMPH TR4 convertible. S/N CT13078L. Powder blue/white vinyl/tan vinyl. Odo: 88,380 miles. Decent-quality repaint completed in 2018. Neither door shuts easily. Panel gaps seem a bit haphazard. Interior looks good, but color is incorrect. Cheapo parts-store vinyl steering-wheel cover. Woodgrain is painted on dash with a brush. Engine freshly rebuilt. Aftermarket wheels are sharp. Restoration seems somewhat hit and miss. Cond: 3. NOT SOLD AT $95,000. The triple-black combo gave an air of elegance to this attractive cat. E-types have long been desirable, and are likely to continue holding their value, despite recent market trends. With the top bid coming in well below SCM Pocket Price Guide median value of $148,500, it’s little wonder the seller chose to hold out for more. #8101-1978 ROLLS-ROYCE SILVER SHADOW II sedan. S/N SRG32689. Le Mans Blue/blue leather. Odo: 67,031 miles. Claimed over $50k spent on restoration, which appears to have been a bit hit-and-miss. Paint is glossy, shows good prep and execution. Chrome bumpers are in good shape, but front passenger’s side bumper has rubber trim pulling away. Stainless trim is in good shape, but panel between driver’s side front and rear doors looks to have been polished with something mildly abrasive. Driver’s seat bottom has been replaced, but other seat panels and door armrest are original, showing light cracking from age. Stainless door threshold shows heel marks, scuffing. A period Pioneer cassette player is fitted. The Spirit of Ecstasy should be better polished. Steel wheels have correct covers and trim rings, but are shod in cheapo, offbrand radials. It is a clean driver, but needs attention to realize its full potential. Cond: 3. NOT SOLD AT $115,000. This was a striking color combo on a better-than-driver/not-quiteconcours, rare S roadster. The S was quite a bit more car than the standard XK 150, boasting 60 more horsepower. With a median book value of $147,000, and better than middle-ofthe-road condition, the seller had little reasonable choice but to hold out for more. 162 SOLD AT $20,000. Seen last at auction in GAA’s November 2018 sale, where it didn’t sell at a high bid of $17,500 (SCM# 6882351) and doesn’t appear much changed. This had decent documentation including a BMIHT certificate. Some of the execution here was so weird and questionable, it made me wonder what other corners had been cut that I wasn’t SOLD AT $15,400. This Silver Shadow Sports Car Market

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SHIFT UP TO SCM PLATINUM! The Insider’s Authority on Collector Car Values Auction results on over 297,000 vehicles compiled over 30 years November 2019 163

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Russo and Steele Monterey, CA started life as a Rolls PR car, having been featured in some movies and TV series. A decent paint job in an attractive color, combined with a bit of a Hollywood pedigree, seemed to be enough to land it a new owner. The price offered was a bit above the condition, but some will do anything to own a slice of fame. Well sold. #8018-1988 JAGUAR XJ-SC convert- ible. S/N SAJNA3843JC142873. Satin Beige/ brown canvas/tan leather. Odo: 87,267 miles. This was obviously garage kept; the condition belies the miles. Very little in the way of chipping on the nose. Double door ding on the driver’s door just beneath window. Chrome wheels are in good nick, and will score points at RADwood. Aftermarket wood-rimmed steering wheel and modern stereo head unit are the only departures from a stock interior. Driver’s seat shows minor creasing from entry/exit, but no real wear. Engine bay is tidy, which is not always the case on these complex V12s. Cond: 3+. Black leather interior is almost without wear, showing only minor creasing. Cond: 3+. NOT SOLD AT $52,000. Last seen at the September 2015 Las Vegas Barrett-Jackson sale, where it traded hands for $66,000 (SCM# 6788456). Built on the Continental R platform, the Azure was a true 4-passenger convertible. Only 1,087 were produced from 1995 to 2002. This example had some minor cosmetic issues, but that was enough to keep it from reaching a selling bid. #8090-2016 ARIEL ATOM 3S roadster. S/N AA30227. Red, silver & black/black cloth. Odo: 845 miles. Essentially a new car, this one has only 845 break-in miles on the clock. There are no obvious nicks, chips, scratches, indications of wear, or flaws to be found on the little bodywork present. The tube-style exoskeleton has had plexiglass sheets attached to the outside, giving a modicum of protection from road debris. Driver’s seat shows some light creases, but that is the sum total of use evident. Cond: 1-. steering wheel. The Mercedes-Benz Karosserie tag mounted at the door jamb is bent. Accompanied by fitted luggage in matching red leather. Engine bay is tidy, correct. Original wheels shod with Michelin radial rubber. Long-term ownership and heavy documentation complete this offering. Cond: 2+. SOLD AT $1,210,000. Last offered at auction in March at Amelia Island by Russo and Steele. It didn’t sell there at a high bid of $1,250,000 (SCM# 6897467). Median value for non-alloy 300SL Gullwings is just over $1.3 million, so securing one in this nick at this price was a bit of a boon. The savings would have certainly allowed the new owner to address any concerns about originality. Well bought. #8074-1955 PORSCHE 356 Pre-A Speedster. S/N 81210. Polyantha Red/black canvas/tan leather. Odo: 16,350 miles. Recent repaint is glossy, with minimal towel marks. Panel gaps are consistent. Chrome bumper overriders, headlight bezels and wheels all look fresh. Minor corrosion on back of windshield wipers. Tan leather interior graces correct Speedster seats. Some wear is noted on the driver’s seat bolster. Speedo in dash is incorrect. Engine compartment is tidy, but the fan shroud has oddly mismatched touch-ups. Non-original motor. Cond: 3+. SOLD AT $6,875. Equipped with an odd, two-piece “targa” style front roof section and the rear lift-off hard top, the XJ-SC could technically be called a convertible, but it was more of a compromise. You could have the sensation of top-down motoring, but only after a rather tedious disassembly of the cloth-covered hardtop sections. The forward roof sections, not dissimilar to T-tops, could be stowed in the trunk. The XJ-SC was never a big seller, and was replaced by a true convertible later in the 1988 production year. All of that said, this was a clean example, and with a median value of $11,500, someone went home with a bargain kitty. #8143-1999 BENTLEY AZURE convert- ible. S/N SCBZK25EXXCX61759. Black Sapphire Pearl/black cloth/black leather. Odo: 23,601 miles. Shiny paint is home to plentiful buffer swirl. Polished chrome trim atop the front bumper also shows considerable swirl. There is next to no road pepper on the nose. Panel gaps are consistent throughout. Driver’s side wheels have some curb rash in the chrome. Light heel scuff present on door sills. NOT SOLD AT $65,000. A virtual go-kart for the street, the Ariel Atom was a relatively new entry to the U.S. market in 2005. Built in the U.S. through a licensing agreement with TMI Auto Tech, the Atom began construction in a facility at Virginia International Raceway. This variant, a 3S, was the fifth model to be produced. With sticker prices when new near $100k, the high bid here was just too low. GERMAN #8150-1955 MERCEDES-BENZ 300SL Gullwing. S/N 1980405500801. Eng. # 5500828. Black/red leather. Odo: 18,173 miles. Originally Graphite Gray, this steel-bodied example now wears a high-quality Schwarz repaint. Slight waviness present on the hood only caught in the right light, with the hood raised. Red leather interior presents as new, with the exception of a Nardi wood-rim SOLD AT $220,000. Titled as a 1956, this Speedster appears in the Porsche Registry as a ’55. Median book value for this model is $361,500. Given its decent overall condition and appearance, one can only conclude the replacement engine and strange speedo kept bids low. #8019-1958 MERCEDES-BENZ 300SL Roadster. S/N 300SL198042. Signal Red/tan canvas/tan leather. Odo: 7,626 miles. Paint shows brilliantly, with little swirl of any kind noted. Chrome bumpers look as though they have been replated at some point, and are holding up well. The driver’s seat outside bolster shows a few nicks, with some light wrinkling toward lower cushion. The wrinkling is less noticeable on the passenger’s side. Passenger’s side door-pull chrome surround is loose, however. Driver’s side of the deck-lid leather has a blemish, just aft of the seat. Rear wheels on both sides show very small paint blemishes. Engine bay is tidy, correct. Cond: 2. SOLD AT $935,000. When Gullwing prices began to rise, the Roadsters followed. This copy had long-term ownership, full records and regular maintenance, while scarcely being driven. Couple that with solid condition and 164 Sports Car Market

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Russo and Steele Monterey, CA recent receipts. These lightweight, nimble little Porsches have found their stride, and clean examples command a considerable price of entry, with SCM median value coming in at $186k. The bid necessary to take this one home wasn’t in the room. a most attractive color palette, and it is little wonder it sold. Well bought, for that matter. #8079-1962 PORSCHE 356B Super 90 convertible. S/N 121226. Silver metallic/ black cloth/red leather. Odo: 67,582 miles. Glossy silver paint shows good prep and attention in application. Chrome overriders on painted front bumpers present well, appear fresh. Chrome exhaust extensions appear to have been ground away on the underside, presumably from inclines or speed bumps. Woodrimmed Nardi steering wheel replaces the original. Red leather interior is free from significant wear, with only mild creasing on the driver’s seat. Cond: 2. #8094-1966 PORSCHE 911 coupe. S/N 304216. Black/black leatherette. Odo: 81,711 miles. The recipient of a rotisserie restoration; the paint looks to have been done to a high standard. Chrome bumperettes and headlight bezels appear as new. Fuchs wheels are all freshly painted and rash-free. Glass and weatherstrip also look as-new, with no real age or wear noted. Black leatherette interior looks fresh. Dashpad appears recent, crack-free. Odd choice to install a modern stereo in a car so accurately restored otherwise. Cond: 2+. years. The paint was done to a high standard, with obvious care given to prep and execution. The interior appears similarly new, free from any signs of use. Wheels are beautiful, glass is clear, weatherstrip is as-new. Cond: 2+. SOLD AT $165,000. Early 911s saw their peak a few years ago, but have not returned to pre-boom pricing. Instead, they have gradually shed a small portion of their meteoric increase, settling into a new value strata. Price-guide median value for this one was $144,500. As condition here far exceeded middle of the road, the deal put together postblock is pretty fair both ways. #8126-1977 PORSCHE 930 Turbo Car- NOT SOLD AT $100,000. Claimed to be fresh from the 2019 Great Race, with $15k in rera coupe. S/N 9307800532. Diamond Silver Metallic/black leather. Odo: 42,050 miles. One gorgeous 930, with a claimed $75k spent on the mechanical restoration over the past two NOT SOLD AT $155,000. I LIKED this car. I wanted this car. The restoration here was very well turned out, and the top bid was commensurate. A quick Internet search turned up this car at a California dealer for $219k, well above the SCM median value of $144,000. The seller may be trying to recover the price of a restoration completion that missed the price acme. With prices on turbo G-bodies softening more than a little over the past couple years, the seller may have just missed a decent opportunity here. #8064-1991 BMW M5 sedan. S/N WB- SHD9311MBK05023. Brilliant Red/black leather. Odo: 95,766 miles. Quality 2005 repaint in its original Brilliant Red was done to a high standard. Glass is quite clean for the age. Supple black leather shows minimal wear on the driver’s side, but some is present on the back seats (possibly from child seats?). Front suspension has been upgraded with H&R springs, Bilstein shocks and a strut tower brace. Throwing-star wheels have a brilliant polished lip, may be aftermarket. Engine bay is tidy and correct. Cond: 2. SOLD AT $24,200. This was BMW’s second foray into the mid-size performance-sedan market, after the success of the first-generation M5. With 310 hp on tap from the smoothas-glass inline 6, the car would pull from a dead stop to 60 mph in the mid-six-second range—a respectable figure nearly 30 years later. This copy, with fewer miles and in better condition than most M5s of this vintage, represented a bit of a bargain at about two-thirds of book value. Well bought indeed. #8075-2006 PORSCHE 911 Carrera S convertible. S/N WP0CB29976S766180. At- 166 Sports Car Market

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Russo and Steele Monterey, CA las Gray Metallic/black cloth/black leather. Odo: 56,452 miles. Fitted with a clear bra that looks like it has had its work cut out for it. There are drag marks at the lip of the “frunk” from loading and unloading. Road rash has peppered the bra in front, and there are two deeper marks on top of the front bumper. Light scuffs in the leather-wrapped steering wheel. Both front seats show some bolster wear and creasing. Ample heel scuffs are present on both door sills. Light wrinkling shows on the convertible top. A used Porsche. Cond: 3. impressive given their racing design. The carbon-fiber door sills are free from heel scuffs, but there are some on the plastic inboard cover. The engine bay is tidy. Cond: 2+. designed lines of the 599. Panel gaps are consistent. Wheels are rash-free. Glass is clear, without chips or nicks. Black leather interior shows some wear at the outside driver’s seat bolster. Engine bay is clean, correct. Cond: 2. Cond: 2. SOLD AT $31,900. The high bid here was just under rough trade-in value. While this example would not be considered rough, a thorough detailing could likely have realized a substantially better bid. It looked as though the owner either didn’t have the time, means or compunction to give the car what it deserved, and the money offered reflected that. #8130-2008 MERCEDES-BENZ SLR MCLAREN convertible. S/N WDDAK76F08M001663. Pure Black/black cloth/white leather. Odo: 10,346 miles. A few tiny stone chips are all that detract from the glossy Pure Black finish. Panel gaps are all consistent. Chin spoiler is smooth, has not been scraped on curbs or speed bumps. Wheels are factory fresh, with no rash present. Driver’s side seat bolster shows very minor scuffing from ingress/egress. Black convertible top has spent some time in the folded position, as wrinkles attest. Cond: 2. NOT SOLD AT $142,500. The GT3 RS tipped the scales a full 44 pounds lighter than the GT3, weighing a scant 3,020 lb. With 450 hp on tap, the RS had performance that would truly stir the soul. This example was in nearlynew condition. Whereas the bright red contrast against the white may have been polarizing, that doesn’t explain why bidding was so low. Well short of the car’s $202k median value; the seller had to wait for a better price. ITALIAN #8043-1972 DETOMASO PANTERA coupe. S/N THPNMD04162. Black/black vinyl. Odo: 69,515 miles. Glossy black paint shows well, with only minor buffer swirl present. The factory Campagnolo wheels have been repainted in a flat gray, as opposed to the standard silver. Same color has been used on the transaxle, instead of the usual raw finish. Engine bay has been painted with the same gloss black as the exterior—not stock, but attractive. Interior shows little wear. The stock steering wheel has been replaced by a twospoke version. This car was a radio-delete model. Cond: 2-. NOT SOLD AT $112,500. Bowing in 2007, the 599 Fiorano was the replacement for the Ferrari 575 Maranello. The 599 was the first Ferrari GT car to utilize an all-aluminum chassis. Its 6.0-liter V12 yielded an impressive 612 hp, besting the 575 by over 100 hp. With a $173,500 market value, the high bid simply wasn’t enough. #8145-2017 LAMBORGHINI AVENTA- DOR LP750-4 SV coupe. S/N ZHWUF3ZD3HLA05673. Nero Aldebaran/black Alcantara, red leather. Odo: 1,319 miles. With just over 1,300 miles on the clock, this Aventador is fresh out of the wrapper. No obvious damage or wear is present anywhere on it. The paint is beautiful, free from any indication of use. Panel gaps are consistent, as one would expect. The door cards are constructed entirely from glossy carbon fiber. Black Alcantara seats with red leather inserts are dead sexy. Cond: 2+. NOT SOLD AT $225,000. An Internet search found this one for sale at a California dealer for just under $290k. Condition and miles should have driven bidding higher, but things were cooler in Monterey this year, particularly for cars in this price range. #8137-2011 PORSCHE 911 GT3 RS coupe. S/N WP0AC2A90BS783204. White/ black leather, black & red Alcantara. Odo: 11,543 miles. Stunning in eye-popping white with bright red stripes, wheels, canards and mirrors, this GT3 RS looks like new. No undue wear is present, no signs of chips or insects. There is no wear on the seats, which is 168 SOLD AT $105,600. After the recession, the collector-car market came back with a vengeance. Almost nothing rose faster or higher than Italian exotics. Ferraris that could previously be bought for mid-$40k money were suddenly six-figure cars. Panteras that had languished in the basement for years found their groove, and realized the appreciation owners had always thought they deserved. Even with some liberties taken in the restoration, it was not surprising to see this example bid over the century mark. #8056-2007 FERRARI 599 GTB Fio- rano F1 coupe. S/N ZFFFC60A670151594. Nero/black leather. Odo: 8,829 miles. Glossy black paint works well with the Pininfarina- NOT SOLD AT $385,000. With a new retail price of $535k, the Aventador LP750-4 Super Veloce produced a monstrous 750 horsepower from its 6.5-liter V12. This was up from the 690 hp with which the 2011 Aventador debuted. Bathed in carbon fiber and Alcantara, this copy was simply stunning. It was no surprise the seller elected to hold on rather than take a six-figure hit. #8010-2018 FERRARI 488 GTB coupe. S/N ZFF79ALA1J0235850. Rosso Corsa/tan leather. Odo: 320 miles. There isn’t much to fault on a brand-new car. The paint is spotless, gleaming. No marks of any kind to note. There is a hint of a crease on the driver’s seat, and that is about it. Cond: 1-. SOLD AT $253,000. Possibly the biggest steal of the whole sale, this like-new 488 left with a new owner for less than base price. Ferraris have a laundry Sports Car Market

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Russo and Steele Monterey, CA free from cracks. Carpet must have been replaced at some time, as it looks newer. A Honda-branded stereo is fitted, but appears to have come from a later vintage. Tidy, cute and driver quality. Cond: 3. list of possible options, and it doesn’t take long for those to add up. Examples of similar vintage and miles can be found online for $20k–$40k more. This copy had fewer than 350 miles, and there was not a lengthy wait for the new owner to take possession. Well bought indeed. JAPANESE #8066-1972 HONDA Z600 coupe. S/N AZ6001012826. Orange/black vinyl. Odo: 53,594 miles. Shiny orange paint has ample orange peel. A few drips can be found around the car. Small nick with mismatched touch-up present just right of hood emblem. Trim falling off passenger’s side door just beneath the A-pillar. Weatherstrip pulling away at top center of rear window. Miniscule 10-inch steel wheels adorned with hand-painted chrome center caps. There are a couple of small tears in driver’s side bottom of faded, original black vinyl seat. Dash also appears to have some of that fading, but is BEST BUY An original 500 Kurtis chassis with a Jim Byers fiberglass body. Styling borrowed somewhat from an early Testa Rossa, with a bit of Cobra. West Coast racing history. Paint is better than decent, particularly for a race car, with some signs of light road rash. Painted stripes well executed. Removable roll bar is not currently fitted. Black vinyl racing bucket shows light wear. A Mooneyes tach, a Stewart-Warner speedo, and other assorted gauges all show light patina around their bezels. DeSoto Firedome Hemi V8 installed with two Carter 2-barrel carbs, lots of chrome and polished metal reside in an all-business engine bay. Cond: 2-. SOLD AT $4,510. It seems almost unimaginable that this was one of the cars Honda used to enter the American market. Scarcely longer than a Smart Car, and considerably lighter, narrower and shorter in height, this looked like a roller skate on steroids. The thought of piloting this in traffic next to a Super Duty pickup was terrifying. However, this would have made for an extremely cheap, fun and unusual entry into the collector-car world, and at just over half of book value, someone got a screaming deal. Well bought. AMERICAN #8087-1954 KURTIS 500KK SR-100 roadster. S/N MKK55. Silver/black vinyl. Odo: 16,830 miles. 291-ci V8, 2x2-bbl, 4-sp. NOT SOLD AT $110,000. Last seen at the Bonhams 2019 Amelia Island sale, where it failed to find new ownership at $145k (SCM# 6897359). A quick online search turned up lots of pics from this car’s past, along with an ad listing the car for sale at $175k or best offer. Clearly the seller was looking for a bid far beyond what these usually command. © November 2019 169

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Worldwide Auctioneers Pacific Grove, CA The Pacific Grove Sale 2019 Sporting an unusual green interior, the high-sale 1958 Porsche 356A Speedster sold for $264,000 Company Worldwide Auctioneers Date August 15, 2019 Location Pacific Grove, CA Auctioneer Rod Egan Automotive lots sold/offered 20/37 Sales rate 54% Sales total $1,614,250 High sale 1958 Porsche 356A 1600 Speedster, sold at $264,000 Buyer’s premium 10%, included in sold prices The green upholstery really set it apart — 1958 Porsche 356A 1600 Speedster, sold at $264,000 Report and photos by Daren Kloes Market opinion in italics W orldwide’s Pacific Grove collector-car auction has become an insider’s favorite among the myriad events that encompass Monterey Car Week. It’s not the biggest, nor does it have a half-dozen cars valued over $10 million. There are no new-car-model unveilings. No fireworks or ticker tape. No, the beauty is within its placement on Thursday night — ahead of most of the hustle and bustle that you’re about to foist upon yourself. It’s a calm way to ease into the events ahead, yet it’s bound to offer a few jaw-dropping moments nonetheless. The Pacific Grove sale is certainly the most pictur- esque of the auction venues. Its location at the edge of the Peninsula on a fairway of the Pacific Grove Golf Links provides beautiful surroundings, sounds of waves caressing the shoreline, and a welcome breeze through the huge auction tent. Lest you think it’s all about sunshine and beachcombing, there’s the cars. Some are serious, such as the 1898 Riker Electric (a no-sale at $500,000 bid). Some are just plain fun-like the ’74 VW Thing that hammered at $16,500. And several others are an excellent representation of today’s most active collector-car segment, the entry-level market. While the Worldwide Thursday evening auction has always been more of a bou- tique sale, the 2019 sale was more petite than usual, with just 37 cars on offer. In addition to the final docket, the auction company had earlier secured what was described as a fabulous 16-car European collection that sadly was held by U.S. Customs. The high sale of the weekend was 1958 Porsche 356A 1600 Speedster with an un- usual factory green interior; it hammered sold at $264,000, including commission. A gorgeous silver 1965 Jaguar E-type ($242,000) was adorned with wide whitewall tires and displayed at the front of the auction tent with the Pacific Ocean seaside as the perfect backdrop. A few others broke six figures, including a nicely restored 1969 Dodge Daytona ($203,500), complete with its factory NASCAR-style nose and huge rear wing that prompted the model’s nickname, “Winged Warrior.” At the other end of the spectrum was a 1908 Stevens-Duryea Model X Touring that pulled $115,500. When all was done, the sale generated Sales Totals $10m $8m $6m $4m Fun, reliable and peppy — 1973 Volvo 1800ES wagon, sold at $27,500 170 $1,614,250, with a 54% sell-through rate. Not typical numbers by Monterey standards, but like a hot cup of coffee on a Saturday morning, a good way to start the weekend. ♦ $2m 0 Sports Car Market 2019 2018 2017 Dave Tomaro

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Worldwide Auctioneers Pacific Grove, CA ENGLISH #33-1936 BENTLEY 4¼ LITRE saloon. S/N B17GP. Silver & maroon/ivory leather. RHD. Odo: 2,946 miles. Successfully bodied by J. Cockshoot of Manchester, England, when new. Restored many years back in now out-of-date colors and with incorrect carpets. Paint shows several nicks and scratches. Engine compartment, once detailed, now needs freshening. Fitted with Lucas headlamps, a single driving light and twin external horns. Nice burled-walnut dash. Comes with books and manuals. Cond: 3-. body with good gaps. Beautiful interior woodwork. Seat material is good, showing some welcome patina, but the seats themselves look slightly lumpy and present a musty aroma. Includes rear-seat-area picnic tables, plus a center folding armrest containing ashtrays with lighters. Includes tools, and handbooks from both Hooper and Rolls-Royce. Longterm, Pebble Beach-resident ownership. Cond: 3. #7-1963 JAGUAR E-TYPE Series I 3.8 coupe. S/N 887985. Red/black leather. Odo: 58,769 miles. Fresh, full restoration with 300 miles since. Beautifully executed with every component including paint, interior, engine, chrome, rubber receiving quality attention. The underside is nearly as sharp as the top side. Aftermarket seat belts have been installed for safety. A couple of light sags in upholstery work in the cargo area, but that is being picky. Cond: 2+. SOLD AT $42,900. This 4¼ Derby Bentley has a good look, despite the body being built by little-known company Cockshoot, which built 16 bodies in total. In need of a re-restoration of the cosmetics, at the very least. A worthy project for concours participation, or given the investment it would take, enjoy driving it as-is. #22-1953 JAGUAR XK 120 SE roadster. S/N S673361. Black/black cloth/red leather. Odo: 79,622 miles. Fresh nut-and-bolt restoration with matching-numbers chassis, engine and gearbox. Well-executed repaint in original black color. Correct red leather reupholstery, also to an excellent standard. Originally fitted with SE (Special Equipment) package that included wire wheels, which on this car are original, excellent and unrestored, according to the seller. Includes Jaguar Heritage certificate. Cond: 2+. SOLD AT $68,200. If owning a Rolls-Royce wasn’t exclusive enough, the truly blessed opted for a custom coachbuilt body. None were more elegant than those designed by Hooper, the choice of English royalty, which supplied horse-drawn carriages to the monarchy as far back as 1830. Today, their somewhat ungainly appearance holds them back some, and offers only a slight premium to the standard Rolls-Royce-bodied cars. This was a particularly nice example and, although Worldwide doesn’t publish estimates, sold about where expected. #15-1961 BENTLEY S2 Continental se- dan. S/N BC5LBY. Burgundy/tan leather. Odo: 80,244 km. Restored in 2012 with new paint, leather upholstery, and rebuilt engine, transmission, air-conditioning and braking systems. All work completed to a high standard. Factory options include white-sided Dunlop tubeless tires, Lucas driving lights, Blaupunkt and an electric radio antenna. Exhibited at the Geneva Motor Show when new. Tools and a history file included. Cond: 2. NOT SOLD AT $95,000. Is it just me, or has the color red suddenly become passé? To my eye, red has never stopped looking fantastic on sports cars. Lately, however, the market seems to have grown tired of it. Everything runs in cycles, I guess, but what was once termed “Resale Red” seems to be edging closer to “Sale-Proof Red.” Honestly, I don’t understand it, but it’s the only reasonable explanation I have for the paltry bid on this fine example. Seller was right to hold out for more. #9-1965 JAGUAR E-TYPE Series I 4.2 convertible. S/N 1E11439. Opalescent Silver Gray/black cloth/black leather. Odo: 42,638 miles. 2,000 miles since thorough nut-and-bolt restoration from top to bottom. Gorgeous Opalescent Silver paint perfectly paired with wide whitewalls on new Dayton wires. Numbers-matching 4.2-liter. Includes original toolkit, jack, and Jaguar Heritage certificate. Cond: 2+. NOT SOLD AT $125,000. Any good body man will tell you that painting a car black is gutsy. You had better possess a lot of talent and start with a solid and straight body because you will see every sin. Add to this task the curvaceous lines of the XK 120 and the challenge is paramount. If you can pull it off, there’s no better color. Mission accomplished, as this car looked fabulous. Seller was right to hold off for a better offer. #2-1957 ROLLS-ROYCE SILVER CLOUD I Hooper saloon. S/N SED251. Black & gold/tan leather. RHD. Odo: 32,079 miles. Elegant, coach-built example bodied by Hooper. Excellent two-tone paint on solid 172 NOT SOLD AT $180,000. As an auction reporter for SCM, you get to see a lot of auctions. Inevitably at each sale, one car speaks to you in a way you weren’t expecting. This was that car for me. An absolutely gorgeous automobile, with every detail attended to by the factory. The woodwork might as well have been by Chippendale. Even the outside door handles were delicately styled into a swanneck form. Just beautiful. Sold for $175k at the Bonhams’ Scottsdale Auction in January 2018 (SCM# 6863465), so it seems like the auction price is dialed in. Could have sold for this price, but heck, I’d keep it forever. SOLD AT $242,000. The very earliest E-types can reach mid-six figures. But for a better driving experience, give me a good Series 1.5 over one with flat floors and outside bonnet locks at three-quarters the price any day. Toward the latter part of Series I production, Jaguar increased the XK engine displacement from 3.8 to 4.2 liters, gave it a much-needed all-synchromesh 4-speed gearbox, reclining seats, and an alternator. Generally, they greatly improved the driving experience but kept the prettier unbroken lines by retaining the covered headlights. This car was a textbook example and sold within an expected range. #29-1965 JAGUAR E-TYPE Series I 4.2 convertible. S/N 1E10641. Golden Sand/tan cloth/tan leather. Odo: 7,837 miles. Fully restored E-type with tasteful modifications for better drivability. Engine rebuilt and fitted Sports Car Market

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Worldwide Auctioneers Pacific Grove, CA with triple Weber carbs, an external oil cooler and free-flow exhaust system. Several mods were meant to reduce weight. Braking and suspension were also heavily modified to improve on the original. Fitted with 5-speed transmission disguised by a stock 4-speed case. Nothing was overlooked in making this a driver’s car. Cond: 2. and chassis. Replaced brown leather interior is new and looks decent, but not up to the same professional level as the rest of the car’s components, showing a few sags, bunching and incorrect materials. Includes Blaupunkt AM/ FM and dash-mounted clock. Cond: 2-. CoA. Some wear to window felts, pitting on window frames, and soiling to the tonneau cover. San Diego Yacht Club window sticker. Original service books and extensive records showing only four owners since new. Cond: 2. NOT SOLD AT $215,000. Singer Porsches get most of the press these days for the 964-bodied “re-imagined” cars, but this Etype was built on the same principles. It is all about using modern technology on an old car to present a vintage look, but with modern components underneath that provide lighter weight and improvements throughout. This must be an amazing driver and easily the car I most wanted to test drive. Unsold, and rightfully so when you consider that across town the next day at Gooding, the first Singer Porsche to sell at auction went for $857,500. #30-1966 JAGUAR E-TYPE Series I 4.2 coupe. S/N 1E32376. Golden Sand/beige leather. Odo: 200 miles. Full restoration offered by the same seller as the heavily modified roadster in the same color. The big difference was that this example was completed to authentic factory-original standards. A numbers-matching example that is also finished in Golden Sand and driven 900 miles since completion. Accompanied by Jaguar Daimler Heritage Trust Certificate. Cond: 2. NOT SOLD AT $100,000. 190SLs are still searching for a predictive level after a dramatic rise and subsequent fall in values over the past several years. They have backed down from the $200k-plus levels of a few years ago, although a true Condition 1 car would come close. Buyers are more picky today, and it takes the best to make a jaw-dropping price. This was a fine example, but not without imperfections. Worth slightly more than bid. #16-1958 PORSCHE 356A 1600 Speed- ster. S/N 84082. Silver metallic/Bottle Green leatherette. Odo: 97,529 miles. Excellent restoration, and said to have only 200 miles since completion. Three owners since new, and always resided in California or Arizona. Described as having “a correct” 1600 engine, rebuilt transmission and recent valve, carb, and brake adjustments. New paint with excellent body gaps and door-shut, but a couple of small touch-ups on front. New upholstery; however, the seat leather could be stretched a little more taut. Cal Poly license frames. Includes Porsche CoA. Cond: 2. NOT SOLD AT $115,000. By the time this 356C was made, Porsche had applied 16 years of continual improvement to the basic underlying model, and it showed. Vast improvements in performance, handling and braking make the “C” the ultimate driver’s 356. This example in interesting colors with quality cosmetics would make the perfect weekender, but the bid was too light to pry it loose. Worth more. #8-1965 VOLKSWAGEN TRANS- PORTER Westfalia Camper microbus. S/N 235147876. Blue & white/gray vinyl. Odo: 87,325 miles. Fully restored Westfalia camperstyle microbus showing little use since completion. Desirable walk-through S0-42 pop-top model retaining its original 1,500-cc engine and transmission. Reportedly rust-free Colorado example with bare-metal repaint completed appropriately to a very good, not over-the-top level. Comes complete with peace-sign curtains and both of the optional Westfalia tents that were available. Receipts document the restoration. Cond: 3+. NOT SOLD AT $140,000. An outstanding restoration and must be a kick to drive backto-back against the seller’s modified drop top. The restoration shop now has bragging rights that it can build a stock version just as well as the modified car. E-type coupes typically sell for less than roadsters, although the gap is getting smaller. A respectable bid today, but worth a bit more. GERMAN #13-1958 MERCEDES-BENZ 190SL convertible. S/N 1210408500385. Yellow/ brown cloth/brown leather. Odo: 43,920 miles. Full restoration to a very good level. Excellent paint, chrome, detailed engine compartment 174 SOLD AT $264,000. Nearly half of all 356s at the time this Speedster was built were either ivory or red. Silver was also a popular color, and the unusual Bottle Green upholstery sets it apart. The combination struck me as wrong at first, but I had to retract my thoughts when the CoA confirmed its correct born-with colors. At least two bidders were also sucked in by its charm, as it produced a nice gain for the seller, who picked it up in Scottsdale at last January’s Bonhams sale for just $222,800 (SCM# 6893210). #37-1964 PORSCHE 356C cabriolet. S/N 160626. Irish Green/tan cloth/Fawn leather. Odo: 41,552 miles. Very nice, driverlevel restoration. Excellent paint and upholstery in original colors. Numbers-matching engine, according to accompanying Porsche SOLD AT $30,800. The VW microbus craze is starting to produce some nice values, as was the case here. Rapidly rising prices over the plast several years, led by the 23-window model, made every bus worth saving. Now, as values have settled down, it’s not terribly difficult to find an expensive restoration available for pennies on the dollar. This was a good one, and hopefully bought at a price that will allow the buyer to go camping—or, in blue and white, make it an ultimate tailgate-party headquarters. #39-1966 MERCEDES-BENZ 230SL convertible. S/N 11304210005627. White/ black cloth/red leather. Odo: 36,494 miles. Sports Car Market

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Worldwide Auctioneers Pacific Grove, CA Excellent restoration with matching chassis, engine and gearbox numbers. Quality repaint and very well reupholstered in original colors. New black cloth top and hard top included. Becker Grand Prix radio and Nardi wood steering wheel. European model with 37k original kilometers. Cond: 2-. ties gave way to the newly designed wraparound bay windshield version in ’68 everywhere except in VW’s Brazilian assembly plant. The joint venture between VW and the Brazilian government continued producing transporters based on the split-window design well into the 1990s. As well-restored German 23-window buses appreciated to $200k and more, enterprising dealers turned to Brazil for cheap alternatives that they could import for profit in the U.S. The quickie-flip restoration on this Brazilian model didn’t inspire confidence, but still managed a decent price. Well sold. SOLD AT $74,250. This was a high-quality restoration on a low-km car that somehow got overlooked. A better example than the 280SL represented by Lot 11, yet it sold for slightly less. Sometimes that’s how it is with auctions. Could have been the placement toward the end of the sale. Perhaps it was in the shadow of the Riker star car offered just before. Or maybe the buyers in the room didn’t like white. Hard to say, but the buyer picked it up for a bargain. #18-1968 VOLKSWAGEN TRANS- PORTER Samba 23-window microbus. S/N B8150839. Sealing Wax Red & white/gray vinyl. Odo: 87,325 miles. Brazilian-built model recently cosmetically restored. New paint with lots of orange peel and a scratched bumper. Poor door fit. New, pleated gray vinyl seating, still in its protective wrapping. Two roof-top luggage racks with a sidemounted ladder. All 23 windowpanes have been resealed. Cond: 3-. #11-1969 MERCEDES-BENZ 280SL convertible. S/N 11304410007818. Blue/blue cloth/blue MB-Tex. Odo: 65,400 miles. Cosmetic restoration on a solid, low-miles car. Repainted in attractive original dark blue color. New carpeting, but retains the factory rubber floor mats. Matching-numbers powertrain, including scarce 4-speed manual. Convertible top fit a bit off, shows some pitting on mirrors, and new tires are larger than stock. Power steering, Blaupunkt AM/FM, and both tops. Cond: 3. #1-1970 PORSCHE 911T Sportomatic coupe. S/N 9110100091. Eng. # 6108044. Albert Blue/black leatherette. Odo: 75,410 miles. Mostly original California car with one owner through 2018. Twenty-year-old repaint now showing a few small nicks on the door edges and pitting on front fascia near headlights. Excellent all-original interior. Factory fitted with Sportomatic transmission. Cond: 3+. BEST BUY SOLD AT $46,750. The LWB 911 market has cooled over the past couple of years, but that still doesn’t explain the bargain price for this example. As a rust-free no-stories California car in good colors with sympathetic ownership by one person until his passing last year, you couldn’t fabricate a better resumé. There’s just one pesky detail: the Sportomatic. Not technically an automatic transmission, the Sportomatic is an ingenious clutchless manual system that allows the driver to shift through the manual H-pattern without having to push a clutch. Owners boast of the Sportomatic’s fun factor, but the market still hits it hard, making it one of the collector-car market’s best-kept secrets. No reserve today, but the seller is kicking himself for not taking the $58k bid on Bring a Trailer in June. SOLD AT $44,550. The first-generation split- SOLD AT $79,750. The W113 Mercedes market that includes 230/250/280SLs has ridden a roller coaster of values in the past few years. The rising-tide phenomenon fueled by the explosion of 190SL values a few years ago boosted average W113s to sell for $100k or more. Recently, they settled down, and it has taken an exceptional car to break six figures. At this year’s Monterey auctions, the pendulum seemed to make a swing back to the positive, especially after an astonishing $240k sale of a concours 280SL at RM Sotheby’s. The subject example here was only average, and while a factory ZF 5-speed would be the ultimate in available models, the 4-speed in this car definitely gave it a boost. #23-1972 VOLKSWAGEN TRANS- PORTER Kombi 6-dr microbus. S/N 256834. Green & white/gray vinyl. Odo: 9,171 miles. Unusual 6-door, later-model, split-window Transporter. Quickie repaint and new vinyl upholstery. Terrible driver’s side door fit. Sills show rough edges on the raised floor pan behind every door. Stiff rear hatch. Bad scratches on all of the windows. Holes on the dash where the radio is missing. Includes luggage rack. Cond: 3-. SOLD AT $25,300. Another later-model Brazilian splittie imported to capitalize on the VW-van nostalgia craze that has driven values up for vintage German and U.S. versions. This was an interesting model with six doors, but as with Lot 18, the restoration left a lot to be desired. With all of the deeply scratched windows, it must have been used in the Amazon to transport squirrel monkeys. After the pur- 176 Sports Car Market

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Worldwide Auctioneers Pacific Grove, CA chase, customs hassle, transportation and quickie restoration, it would seem to me that there are easier ways to make a buck. #42-1974 VOLKSWAGEN THING con- vertible. S/N 1842403052. Orange/black vinyl/ black vinyl. Odo: 78,185 miles. Freshly restored with original engine, body and chassis. New paint to a decent standard, but shows a few drips and some rust around the hood hinges. New top and side curtains. Hella driving lights. Cond: 3. ’70s and ’80s, the 450SL needs no introduction. Every TV show from “Dynasty” to “The Six Million Dollar Man” featured one when it needed to portray someone rich. In fact, the model became so synonymous with rich people, it developed a sort of stigma that depreciated them down to parts value for more than two decades. Finally, they are being rediscovered as excellent touring cars with good looks, high quality and performance. This car was a slight bargain today, and will only continue to appreciate. Well bought. #32-1981 PORSCHE 930 Turbo Slant- Nose convertible. S/N WP0ZB093XJS07037. Grand Prix White/black cloth/black leather. Odo: 41,559 miles. A factory slant-nose version of the 930 Turbo. Relatively low mileage original and condition is commensurate with the miles. Good paint and interior, but all could stand a good detail. Porsche CoA indwide Auctioneers Pacific Grove, CA chase, customs hassle, transportation and quickie restoration, it would seem to me that there are easier ways to make a buck. #42-1974 VOLKSWAGEN THING con- vertible. S/N 1842403052. Orange/black vi- nyl/ black vinyl. Odo: 78,185 miles. Freshly restored with original engine, body and chas- sis. New paint to a decent standard, but shows a few drips and some rust around the hood hinges. New top and side curtains. Hella driv- ing lights. Cond: 3. ’70s and ’80s, the 450SL needs no introduc- tion. Every TV show from “Dynasty” to “The Six Million Dollar Man” featured one when it needed to portray someone rich. In fact, the model became so synonymous with rich peo- ple, it developed a sort of stigma that depreci- ated them down to parts value for more than two decades. Finally, they are being rediscov- ered as excellent touring cars with good looks, high quality and performance. This car was a slight bargain today, and will only continue to appreciate. Well bought. #32-1981 PORSCHE 930 Turbo Slant- Nose convertible. S/N WP0ZB093XJS07037. Grand Prix White/black cloth/black leather. Odo: 41,559 miles. A factory slant-nose ver- sion of the 930 Turbo. Relatively low mileage original and condition is commensurate with the miles. Good paint and interior, but all could stand a good detail. Porsche CoA in- SOLD- SOLD AT $16,500. VW Things have shown some strength in the market, riding on the coattails of Beetle and Transporter values. They’re fun, reliable and sturdy, as long as you don’t mind rain sneaking through every corner and taking hills at 35 mph. This example was valued appropriately today and the buyer can use it freely without fear of ever losing a dollar when it comes time to sell. #25-1980 MERCEDES-BENZ 450SL convertible. S/N 10704412059024. Classic White/blue cloth/blue MB-Tex. Odo: 13,006 miles. Outstanding original with only 13k original miles. Shows very little wear and has been well preserved since new. Original MBTex seats wear like iron and these still look like new. Includes both hard and soft tops. Accompanied by service records, data card, original books and tools. Cond: 2-. NOT SOLD AT $115,000. I’m a Porsche guy through-and-through, but I’ll admit my bias against this model. If I drew a picture of a 1980s mulleted, mustachioed, chain-wearing macho man pulling up to Studio 54 while wiping the powder off his nose, what would he be driving? This car. At least it is a 930 Turbo underneath and that is its saving grace. The $120k bid at Worldwide’s January 2019 Scottsdale sale may have been the best offer the seller will see (SCM# 6893154). ITALIAN #19-1947 CISITALIA D46 Monoposto SOLD AT $42,900. If you can remember the racer. S/N 019. Red/red leather. MHD. Goodquality restoration on a race car that retains its original chassis, engine and most body parts. Utilizes a 1,200-cc Fiat engine that was modified with dual carbs and dry-sump engine lu- brication when new. Body paint looks excellent, although some chips are evident on the chassis—fitting for a racer. Fitted single seat has been well re-covered and now shows light use. Jaeger and Allemano gauges. Campaigned in ’47 by French racer Roger Loyer. Cond: 3. NOT SOLD AT $250,000. The D46 model paved the way toward a fascinating Cisitalia story. It was the model Piero Dusio, the company’s principal, funded to help fulfill a dream of creating a one-model racing series in Italy. Dusio’s dream never materialized, but the D46, of which approximately 30 were built, went on to be competitive behind the piloting of such legends as Nuvolari, Arkus-Duntov and Hans Stuck. The auction description offered no competition history of this particular chassis, which is likely unknown. The bid today was a lessthan-satisfactory result for the seller, who decided to extend his 40-year ownership. #26-1955 ALFA ROMEO 1900 CSS coupe. S/N N4467. Red/gray cloth, red leather. Odo: 87,425 miles. Full concourslevel restoration, now showing light use. Superb paint on the factory aluminum body, showing good gaps. Third-series model with correct recently rebuilt twin-cam inline 4 and twin Solex carbs. Seats properly re-covered in leather and wool that is beginning to show some “pilling.” Some scratches to unobtainum original sill plates. Adorned with Borrani wire wheels, Marchal lighting, Nardi steering wheel, and includes the factory radio and toolkit. Cond: 2-. NOT SOLD AT $275,000. Buyers of CSS Alfas had plenty to pick from at Monterey this year as RM Sotheby’s and Gooding each had their own examples on offer. The others sold for $224,000 and $351,500, respectively, and the prices properly reflected their pecking order, with the Worldwide example landing between them in terms of both presentation and bid. All were bid below expectations, which may have been reflective of the supply issue. No-sale result today, but should have been close. 178 Sports Car Market

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Worldwide Auctioneers Pacific Grove, CA SWEDISH #5-1973 VOLVO 1800ES wagon. S/N 1836363004871. Volvo Red/black leather. Odo: 79,949 miles. Repainted a few years ago to a very good standard on a well-kept, lowmileage car with just two owners since new. A few tiny rust bubbles starting at the base of one window, but otherwise very solid. Some light scratches to original chrome. Windows beginning to delaminate at edges. Interior looks original and in very good condition. Car generally shows a long-term pride of ownership. Cond: 3. $500,000. Owned by the Riker family until 1930, when it was donated to the Henry Ford Museum, then re-acquired by Riker’s widow in ’85 before selling a few years later to the consignor. The family connection remains strong, with Riker’s grandson attending the auction in hopes of making the subject car a stablemate to the Riker he owns, cornering the market on the five that are known to exist. Built 121 years ago, yet reported to reach an incredible 40 mph and get 50 miles to a charge (are you listening, Nissan Leaf?). It was hard to avoid drawing comparisons to Tesla, and I can’t imagine a better display for the company’s lobby or Elon Musk’s living room. Spirited bidding resulting in an offer that should have have struck a deal. #40-1912 SIMPLEX MODEL 38 tourer. SOLD AT $27,500. Volvo 1800s are finally beginning to get some respect. Fun, reliable and peppy, and the ES model may be the bestlooking wagon ever produced. The example shows only 154 miles added since it last sold at Bonhams’ Philadelphia sale in 2014 (SCM# 6711815, $22,000), so a thorough check of the seals and other consumables may prevent a few surprises down the road. Altogether well bought. The new owner is doing cartwheels after seeing a similar-condition blue ES (albeit a 4-speed) sell at Bonhams across town a day later for $51,520 and a coupe model for $77,280. More evidence that the 1800’s time has come. AMERICAN #38-1898 RIKER ELECTRIC Stanhope. S/N 1608. Black/black cloth/black leather. MHD. Built and raced by creator Andrew Riker. Shown at the 1900 Paris Exhibition, and driven to victory at several early competitions, including the very first 50-mile road race held in America. Amazingly original, mostly unrestored condition. Original paint with the perfect patina, and faint monogrammed owner’s initials near entry. Leatherette mud guards and top replaced, but S/N 1150. Red & black/tan cloth/black leather. Excellent restoration with good attention to detail. Reproduction coachwork in the style of Holbrook. Wears large Solarclipse brass headlamps and utilizes Bosch ignition and a Rushmore starter. AACA National First Place and Senior Award winner with some touring use since. Cond: 2. reputation of quality, durability and power known among the country’s elite. This was a beautifully restored example and would occupy a prime position in even the most advanced collections. Despite the rebody, it would have undoubtedly been bid higher just a few years ago, but these antiques are losing steam in today’s market. #24-1930 CADILLAC 452 Madame X Imperial V16 cabriolet. S/N 702584. Maroon & black/black cloth/gray cloth. Odo: 43,870 miles. One of two Fleetwood-bodied Imperial landaulet cabriolets built on the massive 4100-series V16 chassis. Built initially for export to Belgium, with known history since. In well-preserved mostly original condition, although was reupholstered many years ago. Lots of paint cracks, scratches and wear, but still remarkable condition given its age. Original engine, chassis and body. Optional luggage rack. Cond: 4+. NOT SOLD AT $340,000. Among Brass Era motorcars in the United States, Simplex was near the top of the heap, having developed a NOT SOLD AT $160,000. The 4100-series V16 Cadillacs were the pinnacle of automotive engineering in 1930, and Cadillac boldly continued its plans to build them despite the country experiencing the Great Depression a year prior. To put this into perspective, the price when new was $7,350 when a Plymouth could be had for $670. One might think that the pinnacle of car-dom in 1930 should be worth more. Apparently, the seller thought so, and took the car home as a no-sale. © seats are original and well preserved. Tiller steering and Weston gauges. Large white balloon tires show amusing thread stitches to repair holes. Cond: 4+. NOT SOLD AT November 2019 179

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Sports Car Market Keith Martin’s The Insider’s Guide to Collecting, Investing, Values, and Trends SUBSCRIBE TO SCM 877.219.2605 Ext. 1 ™ 180 Sports Car Market

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Mystery Photo Answers Every time I sit in the driver’s seat, I get an overwhelming urge to ram a Jeep. — Andrew Raicevich, Lakewood, CO This Month’s Mystery Photo Response Deadline: October 25, 2019 RUNNER-UP: Plenty of grunt — but not very aerodynamic. — Warren D. Blatz, via email Oh I wish I were an Oscar Meyer Weinermobile. — Peter H. Beren, Overland Park, KS So little chrome, so many parts it would improve. — Tom Neyer, Gillette, WY If the Transformers had existed for Bam-Bam Rubble of the Flintstones. — Henry Haley, via email While developing the Trojan Horse, the Greeks also considered Plan B. — David English, via email Well son, you SAID you wanted a hippopotamus for Christmas, so that’s what we got you. — John Ratto, Las Vegas, NV RyNo Motor Cars’ prototype is certainly svelte and aerodynamically compelling, but I doubt the functional corkscrew will make it to production. — James Feig, Helotes, TX Hell if I know a marque specialist for this beast! — Seth Tower, Acton, MA Your mother said we needed a Brush Hog, so I got one. — Leslie Dreist, Troy, MI Still looks better than the new Supra. — John Bryans Fontaine, Westport, CT Rhinoceros Prime. If the world really had Transformers. — Michael Pedoto, via email Comments With Your Renewals This will be my 20 year anniversary as a subscriber! Cool stuff, great job. — Paul Ornstein, Leland, NC (SCMer since 2000) I share each issue with sev- eral friends. We agree that SCM is the only car-guy publication we read cover to cover. Please get better soon, Keith. — Bruce Williams, Seattle, WA (2011) Feature more American su182 Mom, Dad is showing off his big HORN again! — Michael Rini, Reno, NV Rhino redemption. — Mike Buettell, Friday Harbor, WA Tata tries to horn in on the urban assault-vehicle market. — Bruce W. Jenett, via email Andrew Raicevich, a first-time entrant, wins an endangered SCM hat with an extra-long bill for outstanding knowledge of rhino behavior — and not mentioning Viagra. ♦ Our Photo, Your Caption Email your caption to us at, or fax to 503.253.2234. Ties will be arbitrarily and capriciously decided. Do you have a mystery photo? Email it to mysteryphoto@sportscarmarket. com at 300 dpi in JPEG format. Please include your name and contact information. If we use your photo, you’ll get an official SCM cap. percars from the 1960s. — Carl Dickson, Doswell, VA (2004) Tell your writers that roadsters have no side glass. If a car has roll-up windows, it can’t be a roadster, by definition. — Robert Madaris, Beaverton, OR (1998) As more of a driver than col- lector, I have some concern about lack of affordable entry for new enthusiasts. — Larry Kozimor, Oakland, CA (1990) Great magazine. Thanks, Keith! — Michelle Merkling, Danbury, CT (2014) Thanks for publishing such an enjoyable magazine. — Dan Kolodziejski, Montecito, CA (2005) Very educational. — Walter Phillips, Chatham, ON, Canada (2000) SCM is a must-read every month. Keep up the great work! — Phillip Sauntry, Jr., Marietta, GA (2000) I subscribe to a lot of car magazines. This is by far the best! — Daniel Reese, Winchester, VA (1999) Love it! — Justin Osmer, Seattle, WA (2003) Thank you all for your con- tinued renewals and thoughtful comments. — Keith Martin Sports Car Market Mike Buettell Kevin Weiss

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SCM Online Extras for SCM Readers Connect with SCM online this month Kids and Cars Anything You Can Do, I Can Do Better: My two grandsons, Zachary and Liam, are turning out to be real gearheads. They love to be out in the garage with me working on any of my classic cars. When Zachary was born, I bought a 1972 Datsun 240Z in his honor. He was very quick to get behind the wheel and show his driving skills. When his brother was born four years later, I looked for a LIAMborghini for him but bought a 1965 Austin-Healey 3000 instead. He quickly showed that he could handle a steering wheel too. — Phillip Ray Send your photos of your next-generation gearheads to SCM. If your photo is selected, you’ll win an official SCM cap. Send your high-res photos to Please include your contact info, the name of the child in the photo, the make and model of the car and any descriptive information you would like. Ten Years Ago in SCM The 2009 Monterey issue boasted 70 pages of cover- age and reported a $120 million total for the week. Simon Kidston profiled the cover car, a 1954 Ferrari 500 Mondial Series I, which sold for $1.54m, and Miles Collier took a stab at a 1965 Shelby Daytona coupe that went for $7.7 million, calling it fairly bought. At the then-eighth SCM Insider’s Seminar, Publisher Martin said, “In the future, the dollar will get stronger, credit will be easier — it couldn’t get any harder — and second- and third-tier cars will be less sought after.” Looking back now from that future, it appears he might have been on to something. November 2019 Visit SCM on the Web Here’s a Sample of Some of What’s Available at SCM Weekly Blogs ( martin) • Walking Through Automotive History • Should You Sell Your Kid’s Car? • Why I’m Selling the Sprint Guides and Resources (View or download at • 2019 Pocket Price Guide • 2019 Insider’s Guide to Concours d’Elegance For Subscribers • One year of back issues of SCM, searchable Platinum Users View 297,000-plus auction results at (Platinum Auction Database members only). Compare the latest sales or track a car over its auction history! 183

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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 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 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. 50 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 1951 Jaguar XK 120 SE LT1 re-creation roadster S/N 671751. British Racing Green/Sage Green. 284 miles. Inline 6, 4-spd manual. This Rallyequipped XK 120 is a faithful re-creation of the famed LT1 alloy-bodied factory roadster, and was the subject of a 15-year restoration by top Jaguar professionals. Features a C-type head, twin SU carbs, alloy bucket seats, Lucas driving lights and a JDHT certificate. Classic Showcase. Ph: 760.805.9090, email: Website: (CA) 1965 Triumph TR4A roadster Opalescent Golden Sand/black. Inline 6, 4-spd manual. Very original, numbers-matching Series 1 4.2 Roadster. California car, runs and drives very well. Paint is shiny but has many flaws. Attractive, but not-quite-correct interior. Good serviceable top. Excellent original wire wheels. Some rust in trunk floor; can find none in sills, doors or bonnet. No apparent accident damage. $85,000. Contact Bruce, email: (OR) GERMAN 1964 Studebaker Avanti R1 coupe S/N SCEDT26T8BD004143. Stainless Steel/black. 16,307 miles. V6, 3-spd automatic. A beautiful , very rare example. Internationally desirable 1981 model example, original Southern California car with original numbers-matching engine with factoryupgraded 3-speed automatic transmission. A car which has obviously always been garaged with no history of any accidents or damage and in great daily-driving condition with only 16k original miles! $42,500 OBO. West Coast Classics LLC. Contact Larry, Ph: 424.376.5151, email: Website: (CA) 1994 Porsche poster S/N CT51595L. British Racing Green/black. 65,000 miles. Inline 4, 4-spd manual. Completely restored; showroom-condition, frame-off restoration by Ragtops & Roadsters in PA. Meticulously maintained. Engine: rebuilt cylinder head, clutch and master cylinders, replaced head gasket, carburetor. Chassis/ interior: total frame/body renewal, entire interior reupholstered, rebuilt suspension, full electrical overhaul—connections, signals, sockets, assemblies. New engine mounts, hoses maintained, fuel pumps replaced. $35,000 OBO. Contact Tom, Ph: 267.254.4018, email: (PA) 1966 Jaguar E-Type Coupe S/N R5063B. Avanti Red/red. 0 miles. V8, 3-spd automatic. An exceptionally rare barn-fresh (garage, really) find of an almost all original (apart from one repaint in its original Avanti Red color) Avanti R1 coupe (one of only 809 R1s built in 1964, last year of production) with rare factory options including power steering, Twin Traction limited-slip differential, tinted glass, push-button radio with rear speakers, electric clock, heater and defroster, center console. Original Borg Warner 3-speed floor-shift automatic transmission and 289 V8 engine! $34,500 OBO. West Coast Classics LLC. Contact Larry, Ph: 424.376.5151, email: Website: (CA) 1965 Mercedes-Benz 230SL convertible S/N 1E32792. Opalescent Silver Blue/dark blue. 100 miles. Inline 6, 4-spd manual. Rotisserie restored to a show/driver level by Classic Showcase, this 1966 XKE is a matching-numbers, two-ownerfrom-new example with a restoration focused on competition. It’s ready for showing in your favorite concours. Includes a restoration video and JDHT certificate. Classic Showcase. Ph: 760.805.9090, email: Website: (CA) 184 S/N 11304210012834. Dark blue/light ivory. Inline 6, 4-spd manual. This stylish first-generation Pagoda 230SL features an elegant exterior over a light ivory interior and includes a desirable 4-speed manual transmission. The car includes a factory hard top and period-correct Becker Europa radio and is ready for driving or showing at your favorite event. Classic Showcase. Ph: 760.805.9090, email: webmaster@ Website: index.php/inventory/detail/623. (CA) S/N WBSBR93444PK07627. Silver Gray Metallic/black. 73,785 miles. Inline 6, 6-sp manual. Adult owned 6-speed in outstanding condition, 73k miles, every maintenance item attended to as needed. Summer use only for past seven years, garaged and covered. Body and paint are outstanding, minor chips to front spoiler. Chrome BMW wheels, original invoice (included) of $65k new. Pampered, no modifications. $16,500. Contact Don, Ph: 503.949.5666, email: don@donsuklis. com. (OR) 2014 Mercedes-Benz C350 Sport sedan Original factory poster produced by Porsche for winning the Manufacturers’ Championship in the IMSA series in 1994. 40 inches by 30 inches. If you visit our site, you’ll find a large collection of Porsche factory posters and plenty of other memorabilia. $190. l’art et l’automobile. Contact Jacques, Ph: 830.864.5040, email: Website: (TX) 2004 BMW M3 SMG convertible S/N GL050336. Grigio Argento/tan. 54,405 miles. V8, 5-spd manual. Over 1,000 man hours invested into a recent restoration. 20-plus years of California ownership by one of the founding members of the Iso-Bizzarrini owner’s club. The first Iso Grifo IR8 coupe assembled. 5.7-L 350-hp V8. Factory ZF 5-speed manual transmission. Factory show car at the 1970 Turin Motor Show. $795,000. Daniel Schmitt & Co.. Contact Daniel, Ph: 314.291.7000, email: Website: www.schmitt. com/inventory/1970-iso-grifo-gl-series-ii-ir8prototype. (MO) 1995 Ferrari F355 Spider 1966 Jaguar E-type 4.2 OTS convertible S/N 10901812003351. Silver/blue. 78,824 miles. V8, 4-spd automatic. One owner, not a restoration. Repainted 20 years ago, serviced since new by the same M-B tech. Nardi steering wheel and cold Behr a/c. $49,000. Contact Dennis, Ph: 410.679.7600, email: (MD) 1981 DeLorean DMC-12 Gullwing coupe 1970 Mercedes-Benz 300SEL 6.3 sedan miles. V6, automatic. Gently used with low mileage. 7-speed touch shift. Multimedia package/navigation system. Leather interior, backup camera, panorama roof, plus traction control, alarm system, keyless entry, a/c, power windows and locks, cruise, AM/ FM CD stereo with Bluetooth and SiriusXM satellite. Heated seats, rear spoiler, premium wheels, ABS and 4-types of air bags. $19,500. Contact Jane, Ph: 503.709.5520, email: janemariewest@yahoo. com. (OR) ITALIAN 1964 Fiat 1500 cabriolet S/N 28911. Red/tan & black with black soft and hard tops. 91,850 miles. Inline 4, 4-spd manual. Highly collectible Fiat 1500 with limited ownership, Pininfarina-designed body, rare factory hard and soft tops, rust-free paint and body, and tidy 4-cylinder engine with 4-speed transmission. Includes service records and documentation. This road-ready classic is a nice daily driver and a great starting point for the new collector. Classic Showcase. Ph: 760.805.9090, email: webmaster@classicshowcase. com. Website: inventory/detail/10. (CA) 1970 Iso Grifo Series II IR8 Prototype coupe S/N ZFFPR48A2S0103515. Rosso Corsa/tan. 43,000 miles. V8, 6-spd manual. A beautiful car with famous 6-speed gated shifter. Capristo exhaust system which sounds incredible. Challenge grille, original toolkit, seat and car covers. Clutch, battery and throw-out bearing recently replaced. New skins on both seats. Engine-out service 1,500 miles ago. Trophy winner. $59,000 OBO. Contact Mickey, Ph: 203.853.9502, email: (CT) 2008 Ferrari 599 GTB coupe S/N WDDGF5HB1ER295683. Black/black. 45,000 S/N ZFFFC60A380163512. Nero/tan & black. 3,300 miles. V12, 6-spd auto. Offered here is a lowmileage 599 in a Ferrari Factory Nero paint with a tan & black interior. Recently treated to service at Miller Motorcars in Greenwich, CT. Runs and drives great. $187,500. Dragone Classic Motorcars— Private Sales. Contact Alex, Ph: 203.335.4643, email: (CT) © Sports Car Market

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information; e-mail: Advertising/Marketing lifestyle experience featuring fine art, fashion and gourmet cuisine. In every way, the legend is unsurpassed. 3020 N. Scottsdale Rd, Scottsdale, AZ 85251. (AZ) to buy and admire the premier collection of automobiles presented by GPK Auctions at the Largest IN-DOOR Auction in the Country. Location: Atlantic City, NJ URL: Email: McCormick’s Palm Springs Auctions has been in business for over 25 years, and each auction features over 500 classics and exotics. (CA) Motorwerks Marketing. 480.228.1881. Founded on a passion for the special interest, classic and collector automotive marketplace, Motorwerks is a full-service marketing and creative agency. With a focus on crafting a high impact, highly effective, budget- and time-sensitive message, Motorwerks brings a level of industry expertise that is tailor made to meet your brand’s objectives. We only service clients in the Specialty Automotive arena and like you, our team are first and foremost true automotive enthusiasts. Ask us what we can do for you! (AZ) Advisor Services Gooding & Company. Visions In Vehicles. Your car should be enjoyable. Let us help you keep it that way! We guide clients through their restoration project or car build, or can assist in private collection curation, events and valuation. Please visit our website for full details and service descriptions. Customer focus and satisfaction is our number one goal. If you are just starting down the road or have reached a crossroads, put our 25-plus years of experience to work for you. Contact us today! 205.470.0191, email, website Auction Companies GAA Classic Cars Auction, Artcurial Motorcars. 33 (0)1 42 99 2056. 33 (0)1 42 99 1639. 7, Rond-Point des Champs-Elysées, 75008 Paris, France. Email: (FR) Greensboro, NC. 1.855.862.2257. A Premier Classic, Antique and Unique Vehicle Auction Experience. Offering 550 vehicles three times a year — March, July and November. All presented in a climate-controlled, enclosed, permanent, dedicated facility affectionately called “The Palace”. GAA Classic Cars brings you a customer-oriented team full of southern hospitality, a floor team with many years of classic auction experience and a selection of vehicles that continues to evolve and grow with each sale., 1.855.862.2257 (NC) Barrett-Jackson Auction. 480.421.6694. 480.421.6697. For over four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watches unique and select vehicles while attendees enjoy a 186 310.899.1960. 310.899.0930. Gooding & Company offers its international clientele the rarest, award-winning examples of collector vehicles at the most prestigious auction venues. Our team of well-qualified experts will advise you on current market values. Gooding & Company presents the official auction of the famed Pebble Beach Concours d’Elegance in August, the recordsetting Scottsdale Auction in January and a world-class auction at the Omni Amelia Island Plantation in Florida in March. (CA) Leake Auctions. 800.722.9942. Leake Auction Company was established in 1972 as one of the first car auctions in the country. More than 40 years later, Leake has sold over 34,000 cars and currently operates auctions in Tulsa, Oklahoma City and Dallas. Recently they have been featured on several episodes of three different reality TV series — “Fast N Loud” on Discovery, “Dallas Car Sharks” on Velocity and “The Car Chasers” on CNBC Prime. (OK) Bonhams is the largest auction house to hold scheduled sales of classic and vintage motorcars, motorcycles and car memorabilia, with auctions held globally in conjunction with internationally renowned motoring events. Bonhams holds the world-record price for any motorcar sold at auction, as well as for many premier marques. San Francisco: (415) 391-4000 New York: (212) 644-9001 Los Angeles: (323) 850-7500 London: +44 20 7447-7447 Paris: +33 1 42 61 10 10 Petersen Auction Group of Hollywood Wheels Auctions & Shows 800.237.8954. Hollywood Wheels is a premier auction house that specializes in Porsche sports cars, European exotics, American classics and historical race cars. Each year, during the Amelia Island Car Week, they host the Amelia Island Select & Auto Retro™ within the ballroom of the Amelia Island Omni Plantation Resort. Hollywood Wheels… Where Great Cars Are Bought & Sold! Oregon. 541.689.6824. Hosting car auctions in Oregon since 1962. We have three annual Auctions: February, Oregon State Fairgrounds, Salem, OR; July, Douglas County Fairgrounds, Roseburg, OR; September, Oregon State Fairgrounds, Salem, OR. On the I-5 Corridor. We offer knowledgeable, fast, friendly, hassle-free transactions. Oregon’s #1 Collector Car Auction Premier Auction Group. 844-5WE-SELL. The auction professionals that have been taking care of you for the last two decades have partnered together to create a team that is dedicated to providing the utmost customer service and auction experience. We applied our 83 years of auction experience to build a platform ensuring that every aspect of our company exceeds your expectations. Join us for the Gulf Coast Classic March 17 & 18, in Punta Gorda, FL. 844-5WE-SELL / 844-593-7355 RM Sotheby’s. 800.211.4371. New England Auto Auction. 207.594.4418. Presented by the Owls Head Transportation Museum, the New England Auto Auction™ is the nation’s largest and longest-running event in its class that operates solely to preserve the legacy of transportation’s earliest pioneers. Over more than four decades, NEAA™ has continuously raised the bar by connecting discerning enthusiasts and collectors with rare and sought-after automobiles. Web: Email: RM Sotheby’s is the world’s largest auction house for investment-quality automobiles. With 35 years’ experience in the collector car industry, RM’s vertically integrated range of services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. For further information, visit (CAN) Russo and Steele Collector AutoGPK Auctions. 856.573.6969. GPK Auctions produces The Atlantic City Auction & Car Show. For over four decades hobbyists, enthusiasts and collectors from across the country have descended on Atlantic City in February 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. mobile Auctions. 602.252.2697. Specializing in the finest American muscle, hot rods and custom automobiles and European sports; Russo and Steele hosts three record-breaking auctions per year; Newport Beach in June; 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 Sports Car Market RESOURCE DIRECTORY

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in the industry. Fax: 602.252.6260. 7722 East Gray Road, Suite C Scottsdale, AZ 85260., (AZ) experts are well-qualified 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. (CA) Automobilia W. Yoder Auction. 920.787.5549 . W. Yoder Auction holds the only semiannual collector car auction in the state of Wisconsin open to the public where anyone can buy and anyone can sell! But we don’t stop there. We specialize in collections and sell it all! Contact us today. Learn more about us at and like us on Facebook. Automodello. 877.343.2276. 1:12 1967 Gurney Spa-winner handsigned by Dan Gurney ONE24™ Cadillac, Delahaye, Delage, Ford, Iso Grifo, Lincoln in 1:24 scale ONE43™ Cadillac, Ford, Lincoln, Sunbeam in 1:43 scale Hand-built Limited Edition Resin Art™ 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 qualified. 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 catalog-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.) We also offer specialist-appraisal, estate-management and collectionconsultancy 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. (IN) Alfa Romeo Vintage Auto Posters. Since 1980, Centerline International. (888) 750-ALFA (2532). Exclusively Alfa Romeo for over 35 years. You can rely on our experience and the largest inventory of parts in North America to build and maintain your dream Alfa. We carry restoration, maintenance and exclusive performance parts for Giulietta through the new 4C. Newly developed parts introduced regularly. Check our website or social media for new arrivals, tech tips and special offers. (CO) Appraisals 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: Buy/Sell/General Blackhawk Collection, Inc. 925.736.3444. One of the world’s foremost companies specializing in buying and selling classic cars for clients around the globe for over 45 years. Over the years, many of the greatest cars in the world have passed through the doors of the Blackhawk Collection. Visit our website at Classic Auto Mall — One of the largest Classic Car Facility’s in the world, with nearly eight acres under one roof in a climate controlled, secure, indoor showroom. Over 800 vehicles on display/for sale. The Ultimate Destination for Classic and Specialty Cars, located one hour west of Philadelphia on the Turnpike in Morgantown, Pennsylvania. Consignments invited, single car or entire collections. Worldwide marketing coverage. Call 888.227.0914 or visit us at 10% SCM Discount — SCM19MP on Coachbuilt Press. 215.925.4233. Coachbuilt Press creates limited-edition automotive titles for the discriminating motoring enthusiast. We present exceptional material on the most significant 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. (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. Beverly Hills Car Club is one of the largest European classic car dealerships in the nation, with an extensive inventory spanning over 50,000 sf. We can meet all your classic car needs with our unprecedented selection; from top-ofthe-line models to project cars. We buy classic cars in any shape or condition & provide the quickest payment & pickup anywhere in the U.S. 310.975.0272. (CA) Autosport Groups. 561.676.1912 or 954.401.4535. Over 42 years experience offering Luxury, Classic, Exotic and Hi-line motorcars worldwide. Autosport Groups is highly respect- ed for our fine selection of preowned luxury, classic, exotic and sports cars, as well as exceptional customer service. We offer easy financing and extended warranties on most cars. Trades accepted. Top cash paid for your classics, exotic or hi-line automobiles. garycg@ (FL) Charles Prince Classic Cars. Based in London, we are specialists in the finest historic motorcars and in contact with dealers and collectors from around the world. We offer the best advice and service in the collector car field. Int T: (0)798 5988070 or email: sales@ road and race, have been a key activity for over 35 years. Our sales professionals actively seek consignments on a global basis. We also offer vehicle “search and find” for rare models. We undertake pre-purchase inspections worldwide. We provide auction support, including in-person or telephone bidding for absentee buyers. Restoration management and special-event assistance are also included in our services. Our aim is to make sure that your collector car passion is as enjoyable and worry-free as possible. California Car Cover Company. More than just custom-fit car covers, California Car Cover is the home of complete car care and automotive lifestyle products. Offering the best in car accessories, garage items, detailing products, nostalgic collectibles, apparel and more! Call 1.800.423.5525 or visit for a free catalog. Chequered Flag. 310.827.8665. Chequered Flag is Los Angeles’ best known classic car dealer. We specialize in European classic and sports cars, particularly air-cooled Porsches. We have over 100 classics in inventory including over 25 Porsches. We appreciate our many repeat customers with over 15,000 cars bought and sold since 1986. (CA) Gooding & Company. 310.899.1960. Gooding & Company’s November 2019 Automotive Restorations. 203.377.6745. Collector car sales, both 187

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information; e-mail: When in Southern California, visit our beautiful showroom and specialty automotive bookstore, Heritage Classics Motorbooks, open Monday–Saturday. For current inventory and to visit our virtual bookstore, visit Classic Investments Inc. 303.388.9788. Barn find. Redefined. Since 1989 our company specializes in the restoration, sales and service of 1950s–1970s Classic European sports cars: Ferrari, Maserati, Alfa Romeo, Lancia, Aston Martin, Jaguar, Austin Healey, Porsche and Mercedes. Colorado’s premier one-stop shop for all of a collector’s needs. Friendly, knowledgeable, passionate staff welcomes you to call for all inquiries; our in-house factory-trained Ferrari mechanic has 40 years’ experience. (CO) Corvette America. 800.458.3475. The #1 manufacturer & supplier of interiors, parts and wheels for all generations of Corvettes. Our Pennsylvania manufacturing facility produces the finest quality Corvette interiors and our distribution center is stocked with thousands of additional Corvette-related products. Corvette America is a member of the RPUI family of companies. (PA) DriverSource. 281.497.1000. Pursuing & Preserving Fine Automobiles Since 2005, DriverSource is a leading specialist in the classic collector car market. Our concept of sales, service and storage is tailor made to the automotive enthusiast lifestyle. To learn more about our services or inventory, please give as a call or contact us via email. Classic Showcase. 760.758.6100. For over 35 years, we’ve been restoring automotive history and helping collectors obtain, restore and sell classic vehicles. Our world-class facility houses three showrooms of cars and department specialty areas to perform all facets of restoration under one roof. Let our team of professional craftsmen and specialists make your classic car vision a reality. www.classicshowcase. com (CA) Hyman Ltd Classic Cars. 314.524.6000. One of the largest inventories of vintage cars in the world. Please visit our website often, to see our current stock. Hyman Ltd Classic Cars, 2310 Chaffee Drive, St. Louis, MO. 63146 314-524-6000 Paramount Automotive Group/ Foreign Cars Italia. 888.929.7202. Since 1989, we have offered all the exclusive brands that you have ever dreamed about. Offering new and used Ferrari, Maserati, Aston Martin and Porsche in Greensboro, NC, Aston Martin, Bentley and Maserati in Charlotte, NC and Porsche in Hickory, NC. We sell, buy and trade. Visit us at www. or (NC) Legendary Motorcar Company. Girardo & Co. +44 (0) 203 621 2923. Girardo & Co. provide clients with a specialist service offering expert advice in buying, selling and sourcing classic cars at the very top end of the collector’s market, whilst delivering the best possible service to clients. 905.875.4700. Since 1985, Legendary Motorcar Company has specialized in buying, selling and restoring some of the rarest cars in existence. For sale, in our 150-car showroom you’ll find, ultra-rare muscle cars, European sports cars and modern performance cars. In our 75,000 square-foot facility, our highly-skilled craftsmen perform complete award-winning restorations. Whether you are buying one special car or building a museum, our collection management services will help you make the right decisions. Over 30 years in business, we have grown to become the nation’s premier collector and performance car facility. (ON) Park Place LTD. 425.562.1000. Founded in 1987 in Bellevue, WA, our dealership is locally owned and independently operated. The four-acre Park Place Center features an Aston Martin sales and service center, a Lotus dealership, and we have one of the largest selections of collector and exotic cars available in the Northwest. We consign, buy and sell all types of vehicles. We also have an in-house service center and high-end Auto Salon. (1965–1973) Mustang parts, interiors and accessories. Launched by Corvette America, Mustang America provides the same level of world-class customer service, product quality and fast delivery. We look forward to serving the vintage Mustang enthusiast. (PA) Paul Russell and Company. Collector Cars Chicago. 630.802.4654. At Collector Cars Chicago, our philosophy is simple: We can’t sell a product we are not passionate about. As an independent private automobile collection, our goal is to be your source for a future collectible. Our detailed process of the product acquisition, reconditioning and remarketing begins and ends with transparency. We are top-rated sellers at eBay Motors,, Barrett-Jackson and Mecum Auctions. We are always seeking to buy classic & collector cars — please make us your first call! Gullwing Motor Cars stocks more than 100 cars at our warehouse location, 27 years of experience; visited by customers across the country and overseas. We specialize in European and American cars and we are always looking to buy classic cars in any condition. We pick up from anywhere in the U.S. Quick payment and pickup. 718.545.0500. Copley Motorcars. 781.444.4646. Specializing in unique and hard-to-find classics and sports cars. We only sell cars we love ourselves, and deal in a limited number of models. Before delivery to you, all of our classics, including Defenders, are fully inspected and serviced by one of two expert shops. We are located in Needham, MA., (MA) Heritage Classics Motorcar Com- pany. 310.657.9699. Heritage Classics Motorcar Company, the premier West Coast classic car dealership established in 1985. Offering one of the largest indoor showrooms in Southern California, with an exceptional inventory of the very finest American and European classic cars available. We buy, sell and consign collectible automobiles, offering the best consignment terms available, contact us at 188 Luxury Brokers International. 215.459.1606. Specializing in the sales, purchase and brokerage of classic automobiles for the astute collector, with a new-age, contemporary approach. Focusing on original, high-quality examples as enjoyable, tangible investments. Classic car storage, classic car consignment, brokerage, and other consulting services are available as well. We actively pursue the purchase and sales of any investment-grade classic car. Since 2009, we have offered a unique opportunity for collectors, enthusiasts and other industry professionals., sales@ (PA) 978.768.6919. Specializing in the sales of 1970s and earlier great European classics since 1978. You can rely on our decades of knowledge and experience with Mercedes-Benz, Ferrari, Porsche, Bugatti, Alfa Romeo and other fine collectibles. Guidance is given with an emphasis on building long-term relationships. Contact our Classic Car Sales team via email at: (MA) Precious Metals: Fine Motorcars of San Diego. 619.515.2220. We are one of the Premier Classic Exotic Dealerships in Southern California since 2004. Owned by Dr. Perry and Judith Mansfield, we buy, sell, consign and provide auction management. American Classics, Vintage European, Modern Performance. Help with exhibiting client vehicles at car shows. Our showroom hosts private events, art shows and club meetings. Precious Metals is passionate about making your car experience first class. Contact David Young 619.515.2220,, (CA) Mustang America. 844.249.5135. Mustang America is a new company initially specializing in first generation Sports Car Market RESOURCE DIRECTORY

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Saratoga Auto Auction. Sept. 21 and 22, 2018 at the Saratoga Performing Arts Center in Saratoga Springs, NY. To consign, register to bid, or to purchase tickets, visit saratogaautoauction. org. 518-587-1935 x22 / jeff.whiteside@ Contact CARS directly to discuss your vehicle storage requirements and find out more about the many services that we offer. History has proven that CARS are the team to trust. Do not take any chances with your pride and joy — hand it to the people that will care for it as their own. Fax: +1 (310) 695 6584 Email: Classic Car Transport 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. Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online at English Aston Martin of New England. 781.547.5959. 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. (MA) Symbolic International. 858.259.0100. Symbolic International is one of the premier dealers of classic cars and vintage race cars in the world. Our spectacular vehicles are available for purchase and worldwide delivery. Our knowledgeable team, with over 100 years of combined experience, can help you find the perfect car for your collection. (CA) Intercity Lines, Inc. 800.221.3936. Gripping the wheel of your dream car and starting the engine for the first time is a high point for any enthusiast. We are the premier enclosed auto transport company that will ensure your car arrives safely for that experience. For over 35 years, our standards for excellence have had clients returning time and time again. Trust the Best. Trust Intercity Lines. Grundy Insurance. 888.647.8639. James A. Grundy invented Agreed Value Insurance in 1947; no one knows more about insuring collector cars than Grundy! With no mileage limitations, zero deductible*, low rates, and high liability limits, our coverages are specifically designed for collector car owners. Grundy can also insure your daily drivers, pickup trucks, trailers, motorhomes, and more — all on one policy and all at their Agreed Value. (PA) 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 (NY) Vintage Motors of Sarasota. 941.355.6500. Established in 1989, offering high-quality collector cars to the most discerning collectors. Vintage’s specialized services include sales, acquisitions and consignment of high-quality European and American collector and sports cars. Always buying individual cars or entire collections. Visit our large showroom with 75-plus examples in the beautiful museum district of tropical Sarasota, FL. (FL) 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 fine automobiles, and it shows. 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 (MI) Classic Showcase. 760.758.6100. Classic Showcase has been an industry leader in the restoration, service and sale of classic Jaguars, and most other fine British automobiles. From sports cars to luxury sedans, our world-class restoration facility and highly skilled team are ready to assist your needs with acquiring the perfect British classic today! 760.758.6100. (CA) West Coast Classics. 424.376.5151. West Coast Classics are internationally renowned California Classic Car Dealers who specialize in buying and selling of rare and classic European and American classic cars. Southern California location at 1205 Bow Avenue in Torrance. We ship throughout the world and will provide you with unparalleled service of your rare, sports, exotic, luxury, collector or classic car needs. info@ (CA) Car Storage Reliable Carriers Inc. 800-521-6393. As the country’s largest enclosed-auto transport company, Reliable Carriers faithfully serves all 48 contiguous United States and Canada. Whether you’ve entered a concours event, need a relocation, are attending a corporate event or are shipping the car of your dreams from one location to another, one American transportation company does it all. Collector Car Insurance Heacock Classic. 800.678.5173. We understand the passion and needs of the classic car and vintage race car owner: Agreed Value protection, one liability charge, 24-hour claim service and convenient payment options. Heacock Classic also offers classic motorcycle insurance, Car Club & Event Liability, Race Team & Prep Shop Coverage. Visit us at Fourintune Garage Inc. 262.375.0876. Complete ground-up restoration on British marques — specializing in Austin-Healeys since 1976. Experience you can trust, satisfied customers nationwide. Visit our website for details on our restoration process, which includes a complete quotation on Healeys. Located in historic Cedarburg — just minutes north of Milwaukee, WI. (WI) CARS. 310.695.6403. For more than two decades, CARS (Classic Automotive Relocation Services) has looked after some of the most irreplaceable motorcars in the world. CARS are now able to offer secure indoor vehicle storage solutions at its new state-of-the-art warehouse facility in Los Angeles. November 2019 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, J.C. Taylor Insurance. 800.345.8290. Antique, classic, muscle or modified — J.C. Taylor Insurance has provided dependable, dynamic, affordable protection for your collector vehicle for over 50 years. Agreed Value Coverage in the continental U.S., and Alaska. Drive Through Time With FOLLOW SCM 189

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information; e-mail: Finance Bud’s Benz. 800.942.8444. At Classic Car Capital 310.254.9704, JWF Restorations Inc. Specializ- ing in AC restoration from street to concours, U.S. Registrar AC Owners Club (U.K.). Now selling AC parts and tires, including inventory from Ron Leonard. Jim Feldman. 503.706.8250 Fax 503.646.4009. Email: (OR) Earning the reputation as one of the finest internationally renowned classic automobile showcases in the United States, the La Jolla Concours d’Elegance continues to attract discerning car enthusiasts from around the globe. Experience World Class Cars and World Class Experience on April 17–19, 2020. Register and purchase tickets at, or call 619.233.5008, for more information. (CA) Ext. 1. Maximize the return on your passion by recapitalizing the equity in your vintage cars. Whether to expand your collection, invest or for personal use, you decide how to use the funds. With unparalleled experience, service and expertise in this highly specialized lending, we understand the market and needs of the collector. Whether using one car or multiple cars as collateral, we offer lines of credit with no origination fees or prepayment penalties. Bud’s, we sell a full line of MercedesBenz parts for cars from the 1950s through the 1980s. We do minor and major service work on most Mercedes. Restoration work; including paint, interior, mechanical and other services are available. We pride ourselves in doing work that is tailored to our customers’ needs and budgets. We also (locally) work on later-model Mercedes, BMW, and Mini Coopers. Computer diagnostics and work related to keeping your daily driver on the road are all available at Bud’s. (GA) 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. (CA) The Elegance at Hershey. 717.500.5191. The Elegance at Hershey is a celebration of vintage race cars and concours automobiles from 6/12 to 6/14/2020, commencing with the Grand Ascent, featuring the Concorso Bizarro and culminating with our concours d’elegance. Our primary goal is to benefit our charities: JDRF, AACA Museum and AACA Library & Research Center. For more information, visit, or call 717.500.5191. (PA) Welsh Enterprises, Inc. 800.875.5247. Jaguar parts for models 1949–present. (OH) Estate Planning Advisory The Quail, A Motorsports GathChrome Strategies Management LLC. Trust and Estate/Wealth Advisory Services focuses on meeting the increasingly complex financial planning needs and interests of classic car collectors, investors, trust, estate, wealth professionals, and family offices. We are a completely independent advisory that develops best practice strategies to fit your objectives. Please contact us to discuss our scope of services. Email to: Events—Concours, Car Shows ering. 831.620.8879. A prominent component of Monterey Car Week, The Quail is a world-renowned motorsports event featuring one of the world’s finest and rarest collections of vintage automobiles and motorcycles. The Quail maintains its intimacy and exclusivity by limiting admission through lottery ticket allocations. Admission is inclusive of six gourmet culinary pavilions, caviar, oysters, fine wines, specialty cocktails, champagne, and more. Web: (CA) J.J. BEST BANC & CO. provides financing on classic cars ranging from 1900 to today. Visit our website at or call 1.800.USA.1965 and get a loan approval in as little as five minutes! German Mercedes-Benz Classic Center. Art’s Star Classics. 800.644.STAR WeatherTech Raceway Laguna Hilton Head Island Motoring Festival. The South: a place where tea is sweet, people are darlin’, moss is Spanish and, come autumn, cars are plentiful. This fall, HHI Motoring Festival returns to the towns of Savannah, GA, and Hilton Head Island, SC. Join us this fall — October 24–November 3, 2019 — in the land of Southern hospitality. To purchase tickets or for more information, visit 190 Seca. 831.242.8200. WeatherTech Raceway Laguna Seca is home to the legendary Corkscrew, which has been the scene of many famous racing memories. The 2019 premier-event season includes the Rolex Monterey Motorsports Reunion, IMSA, Trans Am, Ferrari Racing Days, World Superbike and IndyCar’s season finale at the Firestone Grand Prix of Monterey. For tickets, camping and hospitality contact or call 831.242.8200. (1.800.644.7827). 30 years of expertise in new and hard to find parts, as well as component restoration for all Mercedes from 1931–1971. Servicing owners and restorers worldwide. Star Classics also offers: Sales and Acquisitions of all ’50s and ’60s Mercedes and restoration project management for car owners so they realize the car of their dreams. Contact us today: International Phone #: 1.602.397.5300 Scott Grundfor Company. 805.474.6477. Since the 1970s, Scott Grundfor Company has set the bar with best of show cars. Four decades later, we continue our long and rich tradition of excellence in the collectible car and restoration market. As trusted and respected Mercedes-Benz experts, we strive to not only continue the restoration and sales excellence we’ve worked Sports Car Market 1.866.MB.CLASSIC. 1.866.622.5277). The trusted center of competence for all classic Mercedes-Benz enthusiasts. Located in Irvine, CA, the Classic Center is the only sales and restoration facility in the U.S. exclusively operated by Mercedes-Benz. Over 50,000 Genuine Mercedes-Benz Classic Parts in its assortment. From small services to full ground-up restorations, work is always true to original. Ever-changing showcase of for-sale vehicles. We are your trusted source. (CA) Ferrari Financial Services. 201.816.2670. As the world’s only Ferrari-owned finance company, no one understands a Ferrari customer’s unique perspective better than the company that designed these iconic sports cars. Whether it’s a line of credit for owners interested in utilizing the equity in their collection, or a simple interest loan, we stand committed to help our clients enhance their collection — without origination or early termination fees. “FFS” offers a level of expertise that cannot be matched by other lenders. 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 and 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. or visit our website (CA) RESOURCE DIRECTORY

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so hard to develop, but to also bring awareness to the appreciation, preservation and history of the automobile. (CA) Import/Export Membership includes La Vita Lamborghini magazine, a carbon fiber member card, special pricing at most authorized dealers for parts and service, and much more. Join today at: Leasing represents leading antique and collector car dealers, brokers, restoration houses, and private individuals Internationally. He has been responsible for innumerable and prominent cases, distinguishing himself with his unparalleled knowledge of automobiles and network of contacts, experts and clients. He is redefining automotive law. (PA) Multimedia Publications CARS. 310.695.6403. For more than two decades, CARS (Classic Automotive Relocation Services) has looked after some of the most irreplaceable motorcars in the world. If you need your vehicle transported, CARS have the expertise and knowledge to ensure it arrives in perfect condition, on time, and with no unexpected costs. CARS are able to action any shipping request through its own offices in the U.K., New York, Los Angeles and Japan, and via its network of global agents. Whether your vehicle needs to be transported by road, sea or air freight, please get in touch and allow CARS to take the worry and stress out of your shipment needs. History has proven that CARS are the team to trust. Do not take any chances with your pride and joy — hand it to the people that will care for it as their own. Fax: +1 (310) 695 6584 Email: Luxury Lease Partners LLC. 201.822.4870. LLP is a self-funded exotic car lessor that does not follow conventional lending rules, such as scores, debt-to-income ratios or comparable borrowing requirements. LLP can provide lease financing on any exotic car from $50,000 to $5 million, regardless of your credit history. If you own a car and need cash, LLP provides sale/lease-back financing so you can keep driving your car! Contact us at mance that is unparalleled. It’s Jim Lafeber’s fanatical passion for quality and improved detailing outcomes that drove him to create Dr. Beasley’s. The goal was to create a unique line of handmade, custom formulated car appearance products that spare no expense on the quality of ingredients and the use of new technologies. The result; nearly 15 years and thousands of hours of real-world testing later, is Dr. Beasley’s — a complete line of solutionbased products that exceed the specs and requirements of even the most discriminating luxury auto brands. Made in USA. Visit Turtle Garage provides readers Premier Financial Services. Cosdel International Transportation. 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 (CA) Italian 877.973.7700. As a serious sports car enthusiast, you’re always seeking a better driving experience. Your high standards should also apply to car financing. Since 1997, Premier Financial Services has been recognized by countless owners for our integrity, deep understanding of the sports car market, high level of customer service and ability to tailor flexible leasing solutions. If you’ve never considered leasing, let us explain how it could be your best financing alternative. If you’ve leased from others in the past, let us show you how we’re different. Either way, you’ll benefit from starting or ending your search for a better financing experience by contacting us at 877.973.7700. Learn more at (CT) with unique insights into the collector vehicle market and the broader automotive industry. Our exclusive content focuses on vintage motorcycles, modern classics, and the exciting future of the automobile — including developments in ride-hailing, electrification and autonomous driving. We produce diverse articles on travel, restoration projects, book reviews, auction analysis, vehicle summaries and relevant automotive industry news. “Turtle Garage is a must-read. Subscribe today.” — Keith Martin, Sports Car Market Museums MetroVac’s car vacs and car dryLeMay—America’s Car Museum Putnam Leasing. 866.90.LEASE. Hamann Classic Cars. 203.918.8300. With more than 30 years in the industry and worldwide clientele in dealing in European race and sports cars, specializing in classic Ferraris of the ’50s and ’60s. For over 30 years, Putnam Leasing has been the leader in exotic, luxury, and collector car leasing. This honor comes from Putnam’s unique ability to match the car of your dreams with a lease designed just for you. Every Putnam Lease is written to provide maximum flexibility while conserving capital, lowering monthly payments, and maximizing tax advantages. Its Putnam’s way of letting you drive more car for less money. For leases ranging from $50,000 to more than $1 million, with terms extending up to 84 months, contact the oldest and most experienced leasing company in the country by calling 1.866.90.LEASE. Or just visit The Lamborghini Club America is the world’s largest organization of Lamborghini owners and enthusiasts. Inclusive to both vintage and modern Lamborghini owners, the Lamborghini Club America is a critical asset to the Lamborghini ownership experience. November 2019 Legal Dr Beasley’s. Dr. Beasley’s pro- Vintage Car Law. 717.884.9010. Bryan W. Shook, Esquire, acts for and vides you with detailing solutions that have amazing ease of use and perfor- celebrates America’s love affair with the automobile. Named the Best Museum in Western Washington, the fourlevel, 165,000-square-foot museum features 12 rotating exhibits and 300 cars, trucks and motorcycles on display. ACM includes a 3.5-acre show field, State Farm Theatre, Classics Café, banquet hall and meeting facilities and offers a majestic view above Commencement Bay. For more information, visit LeMay—America’s Car Museum 2702 E D Street, Tacoma, WA 98421 877.902.8490 (toll free), (WA) Parts, Accessories & Car Care ers are the top choice of professional detailers and passionate car enthusiasts worldwide, like Wayne Carini. Our products are proudly made by American workers using only U.S. steel. These powerful machines are built to be virtually indestructible and last decades. MetroVac products are the classic way to care for classic cars. Evans Waterless Coolant is the solution to running too hot. With a boiling point of 375°F, our revolutionary liquid formulation is a superior alternative to water-based coolants. Evans eliminates water vapor, hotspots and boil-over, resulting in a less pressurized, more efficient cooling system and preventing corrosion, electrolysis and pump cavitation. Evans also protects down to -40°F and lasts the lifetime of the engine. See how it works at QuickSilver Exhaust Systems. 011 AmericanMuscle 877.887.1105. Starting out in 2003, AmericanMuscle quickly rose to be one of the leading aftermarket Mustang parts providers in the business. With the addition of Challenger parts in 2018, AmericanMuscle provides the most sought-after products, accessories and fast shipping. 44 1428 687722. Our customers are sophisticated enthusiasts who choose our exhaust systems for various reasons — originality, durability, weight reduction and enhanced sound. We’re the default choice for many of the most important classics. Originality is important, but there’s no reason why subtle improvements cannot be introduced. QuickSilver use superior materials and modern manufacturing techniques unavailable when the cars were new. Racing Services Vintage Racing Services. 203.377.6745. Our full-service shop facility and experienced staff provide all aspects of racecar construction, setup and repair for production-based cars to purpose-built sports racers to formula cars. We can build a racecar from the 191

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information; e-mail: ground up, restore your historic vintage racer to its former glory or maintain your racecar, all to ensure your maximum enjoyment. Our trackside support, transportation, racecar rental and coaching can round out your experience. Our sister company, Automotive Restorations Inc., offers high-quality upholstery, body and paint and panel fabrication services. Restoration — General vehicle experience. Proper project management and control produces the quality and attention to detail we have come to be known for in all we produce. See much more on the Web at worldwide reputation for integrity and knowledge in the collector car field. Many of the world’s greatest sports cars have passed through the doors, with both buyers and sellers enjoying expert representation. Email, (CA) Jeff’s Resurrections has been Farland Classic Restoration. Brightworks. 937.773.5127. BrightTOURANIL Leather by AERISTO +1 (817) 624-8400. A deep passion for classic automobiles has led AERISTO’s founder Christian Schmidt to develop an authentic line of classic, vegetable tanned leathers. AERISTO, the market leader for high end, technical aviation leathers is now proud to offer their TOURANIL article to the restoration community. All raw materials are sourced from premium South German bull hides, available in stock in a wide array of colors. Please reach out to AERISTO to learn more. works has partnered with Ruote Borrani to be the only authorized restorer of Ruote Borrani wheels in the world, and to be a distributor for any new Ruote Borrani products in North America. We use the original Ruote Borrani drawings and blueprints to restore your wheels to exact factory standards and offset. Additionally, we use the correct font letter/number stamps to re-create all of the original markings to restore your Borrani wheels to be factory original, correct and certified. (OH) 303.761.1245. A complete facility offering concours-level restorations, repair and fabrication services. We work on all makes, and specialize in Ferrari, Mercedes and Porsche. Highly organized and fiscally responsible, we provide biweekly detailed billing to keep you abreast of the rapid progress of your project in every way. Check out our site for details. Email: www.farlandcarscom bringing some of the world’s finest cars back to life in a quiet corner of Central Texas for almost three decades. Founded in 1990, we are a full-service auto restoration facility specializing in classic, exotic and antique vehicles, whose work has won many awards. With a full-time team of ten skilled mechanics, metal craftsmen, specialist re-finishers and detailers, we offer complete mechanical and coachwork services. Our premises encompass 36,000 square feet of historic property that once housed a pre-war Dodge dealership in Taylor, Texas, just a short drive from downtown Austin, Austin Bergstrom International Airport and the Circuit of the Americas. 512.365.5346. (TX) The Guild of Automotive Restor- ers. 905.775.0499. One of the most widely recognized names in the world of collector cars. As seen on Discovery, History and National Geographic TV. (CAN) 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 field, 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 efficient and has enabled us to provide our clients with the highest level of old-fashioned quality workmanship, professionalism and client services. www.alantay- D. L. George Historic Motorcars. Automotive Restorations. 203.377.6745. Founded in 1978, we are well-established practitioners of the art and craft of vehicle restoration, preservation and service. Nearly 40 experienced craftspeople focused on the art and entertainment to be enjoyed with great cars describes our culture. Our staff and expertise encompasses a broad range of skills and specific 192 610.593.7423. We stand at the crossroads between you and historic European motorcars of the pre-war and early post-war era. We provide full-service restoration, maintenance and support of the finest cars driven extensively by the most refined collectors. Find us at concours from Amelia Island to Pebble Beach, venues from Lime Rock to Goodwood, and events including the Mille Miglia, Peking to Paris, and The Colorado Grand. (PA) Fantasy Junction. 510.653.7555. For 35 years, Owner/Enthusiast Bruce Trenery has operated Fantasy Junction from the San Francisco Bay Area. The dealership enjoys an outstanding Paramount Classic Cars. 844.650.9125. A 120,000 square foot facility located in Hickory, NC, offer- Sports Car Market Hahn Auto Restoration. Classic Showcase. 760.758.6100. For over 35 years, we’ve been restoring automotive history by creating driver-, show/driver-, show- and preservationlevel restorations for collectors worldwide. Our world-class facilities consist of a team of passionate and dedicated craftsmen who are ready to perform either factory standards or performance/ modified upgrades. Visit our website or call us to discuss your project today. (CA) 724.452.4329. We take pride in offering concours-level collector car restoration, recommissioning, custom builds and repair services. With our experienced staff and cutting-edge technology, we can restore your car back to its original beauty and help it perform better than when it was first driven off the lot! We understand how much your classic car means to you and we will treat your restoration or repair with the quality care and respect it deserves — getting the job done right the first time. We believe that a restoration should last a lifetime and beyond, so we strive to provide our clients with quality restoration services that will last for generations. On the Road Again Classics. 408.782.1100. Northern California’s largest Classic & British auto restoration & repair shop is a 12,000 square foot facility under one roof! We opened our doors in 2008 and have restored over 20 Concours 1st place winners! Our team of 8 craftsmen with over 165 years experience have risen to the top, becoming a Certified Hagerty Expert Collision Repair Facility and in-house Certified Glasurit paint shop. Palm Beach Classics. Hjeltness Restoration. 760.746.9966. What began as attention to detail developed into love. We benefit from 34 years of disassembling original cars with the intent to restore yet also with an eye on the future, other restorers will need benchmarks to copy. If your own personal piece of history needs doing for the first time or the second please contact us. 561.568.5906. Palm Beach Classics has grown over the last decade into a well-respected restoration facility and automotive sales center known around the world. Backed up with a very strong reputation, we provide high-quality restorations on classic Mercedes-Benz. We value our customers through excellence in our work and service. Our parts department is top notch and has a rare variety of hard-to-find original Mercedes-Benz parts. Email: Office@ (FL) RESOURCE DIRECTORY

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ing a full-array of services including sales, consignments, complete restorations, engine and transmission rebuilding, metal-shaping and fabrication on classic cars. We specialize in American muscle and English cars but also work on a wide range of makes and models including all European models. Our goal is to provide our clients with the highest level of quality workmanship and professional client services. We base our company policy on the Golden Rule; always treat the other person the way you want to be treated and always endeavor to do what is right and fair. Contact us for a free estimate on your classic. Email us at for more information. RM Auto Restoration. 519.352.4575. RM Auto Restoration is North America’s leading classic car restoration facility. Whether it’s a complete “body-off” restoration, a partial restoration, or a cosmetic upgrade, our dedicated team of restoration perfectionists provides an unwavering commitment to deliver flawless work, and to the highest cosmetic presentation, every time. The Paddock Classic Car RestoraSport and Specialty. 815.629.2717. Park Place LTD. 425.562.1000. Founded in 1987 in Bellevue, WA, our dealership is locally owned and independently operated. Our restoration department works full time to restore vehicles of every year, make and model to provide an award-winning finish. We consign, buy and sell all types of vehicles. We also have an in-house service center and high-end Auto Salon. We are specialists in Austin-Healey and Jaguar cars but have experience in a variety of other marques, to include; most British cars, Alfa Romeo, Corvette, Aston Martin, Ferrari and early Lotus. Our work includes: All levels of restoration services, (full, mechanical, sympathetic, etc.), simple repairs, ongoing maintenance and vintage race preparation. We also offer full mechanical services; Engine, transmission, overdrive, differential and component rebuilds. tions. 860.224.1888. At The Paddock, our collective passion is the restoration and preservation of fine classic automobiles of any type/era. We strive to provide the highest possible quality in our results and approach every customer relationship with openness, honesty, constant communication, detailed documentation and with the highest ethical standards. Our 18,000 square foot facility is fully equipped and is staffed with highly skilled artisans, allowing us to provide a full array of services to our clients in a single location. Visit us in person at 285 Columbus Boulevard, New Britain, CT 06051, or online at Torque Classic Cars. 561.333.1868. We are your one stop for all your collector car needs. Located in sunny West Palm Beach, Florida. We specialize in restorations of European sports cars with a concentration in MercedesBenz and Jaguar. With a diverse team of master craftsmen we bring rolling works of art to life. Our in-house upholstery center and body shop allow us to give every project our undivided attention all under one roof. Storage and Consignments available. 561-333-1868 Treasured Motorcar Services. Paruch Automotive Craftsman- ship. 262.339.0180. We are a small team of passionate craftsmen dedicated to delivering sophisticated automotive metal restoration. Our passion is restoring ’50s–’60s coach-built vehicles; especially Italian marques. Our capabilities include coach-built body restoration, metal shaping, fabrication, trim and exhaust fabrication, muscle car restoration... anything metal. We have been involved with a substantial pedigree of world-class vehicle restorations. For over 10 years, our workmanship has been shown and won awards at concours across the U.S. and Europe. Give us a call to learn more about who we are and how we can help with your next project. 262.339.0180 www. (WI) The Classic Auto Show. 203.233.7162. Whether you’re a collector, or working on your project car, or simply share a passion for the classics, The Classic Auto Show is for you. You’ll see over 2,000 classics, rub shoulders with your favorite auto celebrities, view LIVE restoration and auto detailing demos, shop a vendor marketplace and more. Buy Tickets or Display Your Car Today! 410.833.2329. Since 1980, a trusted provider for the highest quality maintenance, restoration, performance, paint, body, sales, and consignment of European sports/luxury vehicles, American classics, and muscle cars. We have completed numerous full and partial restorations on marques as diverse as Bandini, Dellow, Jaguar, Rolls Royce, Mustang, and Corvette. Maintaining memories for your daily driver, weekend warrior or show stopper in our 16,000 sq. ft. facility with our dedicated full time staff. Let us help you enjoy your treasured motorcar the way it was meant to be. Follow our ongoing and completed projects and visit our website Valenti Classics Inc. 414.421.6300. Since 1991, we have been restoring cars back to exacting standards and building custom, one-of-a kind vehicles for customers all over the world. We are your one-stop shop. All restoration and mechanical services are met through our comprehensive shop. Expert body restoration, paint, fabrication, and upholstery. “Precisely Like You Want It. Even If You Want It Precisely Like It Was.” Visit to learn more or email inquiry@valenticlassics. com (WI) © Sports Car Market Keith Martin’s The Insider’s Guide to Collecting, Investing, Values, and Trends The Creative Workshop. Ragtops & Roadsters. 215.257.1202. For close to three decades Ragtops & Roadsters has provided maintenance, preservation and restoration services for British, German, Italian and other European marques. We offer a comprehensive array of services, including mechanical repair, engine rebuilding, interior trimming and coachwork; including paint and body repair. Let our talented craftsman put you back in the driver’s seat of your special classic car so you can enjoy it on the road again! (PA) November 2019 954.920.3303. The Creative Workshop is a Pebble Beach award winning fullservice concours restoration shop located in South East Florida. Our 10,000+ sq. ft. facility provides comprehensive, in-house restoration and repair services as well as collection and event support. Creative is a multi-marque workshop, specializing in the forensic restoration of post-war European cars. However, we support our Clients’ diverse collections — and have extensive experience in antique, pre/post war American, muscle and racing vehicles. Subscribe to SCM today and become a collector car insider 193 ™

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Carl Bomstead eWatch Nike Got Cooking With a Waffle Iron An early pair of Bill Bowerman’s homemade track shoes — the ancestors of Nike — brings the big bucks Thought Carl’s In 1969, Bill Bowerman, track coach at the University of Oregon, experimented with his wife’s w and created the sole for a unique running shoe. Along with his partner Phil Knight, they produc pairs of shoes that were given to U.S. track athletes at the 1972 Olympic Games. The company, of course, became Nike, and the one pair of shoes that were not worn was offered by Sotheby’s at their July 27 sale. The shoes sold for an astonishing $437,500 and joined a collection of 99 othe athletic shoes that a Toronto, Canada, car collector had purchased for $850,000. I don’t exactly see how cars and sneakers fit together, but it will be an interesting display. Here are a few auction sales that were not quite as pricey: EBAY #1738889298747— DINO FERRARI SALES AND SERVICE PLASTIC DEALERSHIP SIGN. Number of bids: Buy-It-Now. SOLD AT: $6,110. Date: 6/21/2019. This was an authentic Dino Ferrari sign that had a sticker on the back stating that it was not for public sale. The plastic was not cracked or otherwise damaged. This sign will be striking in a car barn full of vintage Ferraris. and are finished in bright bold liveries with lots of chrome and bling. The showcase pumps are among the most valuable, as they were used for point-of-sale purchases while customers filled up their cars. The pumps are now used for displaying other memorabilia. Price paid was up there — but was about the going rate. 6/15/2019. The Roseville Pottery Company was founded in Roseville, OH, in 1892 and ceased operation in 1954. The distinctive Tourist Series featured various early automotive scenes on a number of different pieces. The window box was the largest, and this example had a small corner crack. We found another that sold a few years back for $2,360, so the price paid here was in line. EBAY #123879896049—1915 GUNTHERMANN CLOCKWORK TIN PHAETON TOY. Number of bids: 30. SOLD AT: $2,862.50. Date: 8/26/2019. This delightful tin toy was complete with the four enameled passengers. The clockwork mechanism worked properly and it was in exceptional condition considering it was over 100 years old. Price seemed more than fair. EBAY #123996434306— WAYNE 60 RESTORED SHOWCASE GAS PUMP. Number of bids: 42. SOLD AT: $7,500. Date: 8/20/2019. Period gas pumps are restored to a level never seen in a functioning service station. They have become the cornerstone of any car barn EBAY #380312996117—1960 FERRARI SEFAC ORGANIZZAZIONE E DI ASSISTENZA SALES AND ASSISTANCE. Number of bids: 10. SOLD AT: $3,330. Date: 6/23/2019. This authentic factory 15-page brochure was in Italian, and we assume offered the various European locations for Ferrari sales and service. It was in decent condition, with slight page yellowing. Seems rather pricey, but so is most Ferrari paper. EBAY #233230120442— ROSE VILLE POTTERY TOURIST SERIES WINDOW BOX. Number of bids: Buy-ItNow. SOLD AT: $1,995. Date: EBAY #133138267894— HARE WITH CAMERA HOOD ORNAMENT. Number of bids: Buy-It-Now. SOLD AT: $1,900. Date: 8/10/2019. This unusual hood ornament was sculpted by A. Reveney and was cast in bronze by the AEL Foundry. It was similar to the hare used for the Alvis automobile, but it included a camera. I could not find a reference to another, so it may have been a one-off piece commissioned by a photographer. It had all the correct period markings and showed only mild patina. A cool piece at a fair price. SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Ave, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $75 for 12 monthly issues in the U.S., $105 Canada, $135 Mexico, Europe, Asia/Africa/Middle East. 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; 194 EBAY #163808359275 —ORIGINAL PHOOEY FACE LICENSEPLATE ATTACHMENT. Number of bids: 49. SOLD AT: $2,331.68. Date: 8/17/2019. The Phooey Face has eyes that light up, a buzzer, and if you are really upset with the driver behind you, a tongue that sticks out. We have seen these before, but this one, while complete, was worn and the paint was faded. As such, the price paid was a bit more than expected. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market