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Sports CarMarket All in the D-tails The Insider's Guide to Collecting, Investing, Values, and Trends Scruffy XKD509 Brings Record $4.4m To Micturate Upon a Ferrari Time To Sell Your Porsche? Keith Martin's October 2008 Salt Flats Record-Holder Cracks $660k The Diminished Value Game Mangusta, DeTomaso's Other Car www.sportscarmarket.com

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 44 Chrisman Bonneville: One fast Ford October 2008 .Volume 20 . Number 10 30 Ferrari 456 GT: Beware scruffy ones 34 D-type: The first production car IN-DEPTH PROFILES What You Need To Know FERRARI 30 1996 Ferrari 456 GT Coupe—$66k The modern bargain, but still not cheap to own. Steve Ahlgrim ENGLISH 34 1955 Jaguar XKD-type Sports Racer—$4.3m An auction record for the first production D-type. Paul Hardiman ETCETERINI 38 1969 DeTomaso Mangusta—$99k How long can the market overlook these hybrids? Donald Osborne GERMAN 40 2005 Mercedes-Benz SLRMcLaren Coupe—$309k Further proof that “instant collectibles” don't exist. Rob Sass AMERICAN 44 1953 Chrisman Bonneville Coupe—$660k Salt Flats legend gets driven to big bucks in California. Jay Fitzhugh RACE 46 1965 McLaren-Elva M1A “Cro-Sal Special”—$249k Can-Am pioneer seeks a European vintage grid for a good time. Thor Thorson GLOBAL AUCTION COVERAGE 126Cars Examined and Rated at Six Sales BONHAMS 50 Chichester, UK: $4.3m D-type leads the pack to $11.9m at the Goodwood Festival of Speed. Paul Hardiman MIDAMERICA AUCTIONS 62 Blaine, MN: $1m from 58 cars at this 22nd annual spring event. B. Mitchell Carlson BONHAMS 70 Northamptonshire, UK: Rollers and Bentleys see $1.7m as the RREC Rally proceeds. Paul Hardiman RM AUCTIONS 82 Tustin, CA: Joe MacPherson's collection of customs and racers totals $8.4m. Rick Feibusch MECUM AUCTIONS 90 St. Charles, IL: Corvettes are the name of the game at Bloomington Gold, as 131 bring $8.7m. Dan Grunwald and Thomas Glatch EBAY MOTORS 98 Projects not for the faint of budget. Geoff Archer Cover photograph: Bonhams

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28 20 Bugattis displayed at Classy Chassis COLUMNS 10 Shifting Gears Old cars—you weren't expecting comfort, were you? Keith Martin 24 Affordable Classic Citroën DS, an affordable classic you can't afford Rob Sass 26 Legal Files Pissing off the Ferraristi, one video at a time John Draneas 32 Sheehan Speaks The ins and outs of diminished value Michael Sheehan 36 English Patient Following the money in Triumphs Gary Anderson 42 Porsche Gespräch Why now is a great time to sell Jim Schrager 102 Bike Buys Cagiva Alazzurra, a Ducati for the rest of us Ed Milich 114 eWatch As-new Jenney globe breaks the bank Carl Bomstead FEATURE 28 Classy Chassis: A Texas-sized Bugatti gathering DEPARTMENTS 12 Crossing the Block / Auction Calendar 14 The Inside Line 16 Contributors 18 You Write, We Read 20 Display Advertisers Index 22 In Miniature 25 20 Year Picture 54 Our Cars: 1978 Porsche 911SC 56 Alfa Bits 99 FreshMeat: 2008 Audi S5, 2003 Lamborghini Murcielago, 2008 Porsche 911 GT2 100 Book Reviews: Two Jacks and a car called Lola 104 Mystery Photo 104 Comments with Your Renewal 106 Showcase Gallery 110 Resource Directory Shelley Bernd

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Shifting Gears Keith Martin Just Be Glad It Runs The cockpit swathed us in leather-trimmed functionality; ancillary systems like heating and coolant temperature control were just afterthoughts H ave you noticed the oil streak that runs across the golf course and ends up under your Alfa?” That was the comment I was greeted with as I ended the Monte Shelton Northwest Classic Rally. A 500-mile, two-day event, it celebrated its 20th anniversary this year. As it is sponsored by the Alfa Romeo Owners of Oregon, there was a predictable bevy of vintage Alfas, mostly Giulia and Giulietta Spiders, but also a smattering of GTVs, GTAs, and even a lightweight 1957 Sprint Veloce with Conrero engine prep. Our 1965 Giulia Spider Veloce ran well, and as the engine now has over 1,500 miles on it, the car easily reached its 6,300 rpm redline. But somewhere during the last half hour of the rally, after a spirited run down twisty Marmot Road on the west side of Mt. Hood, sandwiched between an insanely driven 1300 Giulietta Spider Veloce and a comparatively sedate 2000 GTV (size does have its advantages), something caused at least one of the seven quarts of oil in the sump to decide to spread itself, quickly, all over the engine and then onto the ground. But this wasn't the only old car adventure we'd had recently. Meadow Brook A week earlier, while I was emcee at the ever-improving Meadow Brook Concours (we'll have a story in the next issue), event chairman Larry Smith offered us some cars from his collection to drive on the Meadow Brook tour. We began the day in his 1978 308 GT4, and we finished in his 1964 Jaguar E-type coupe. Midwest summer weather is rarely the friend of old cars, and this very hot, humid weekend was no exception. My wife Wendie and I continued to be delighted by the front-forward seating position of the GT4 and its cat-like agility, and even its cheesewedge styling is looking better with the passing of time. GT4s, like 308 GTs, have not seen the same run-up in prices as their more exotic brethren, so for somewhere in the mid-$30,000 range you can still have a very nice example. Of course, due to the Miss Misinformation tyranny of Ferrari, every 308 suffers from the “fear-of-belt-failing” syndrome, so that every three years or so a $5,000 bill comes looming for unnecessary maintenance. The experts we have consulted believe that nine years is probably a more reasonable belt interval, but try telling that to someone when you are selling your 308. I know, as when I sold my Mondial some years ago, the buyer insisted I pay for belts before he would take delivery of the car. And you can claim the bill will be less, but once the engine is out, suddenly other things that “might as well” be taken care of loom large. But that's not really the point here. Smith's car drove well, but halfway through the tour the air-conditioning fan—marginal at best—started making a horrible racket. I thought about just letting it run and seeing if, a) it would heal itself, or, b) it got so bad it flew out of the dashboard in a million pieces (more likely to have happened than a). However, either choice seemed like a bad way to reward Smith for his largesse, so we just shut it off and sweated. Or we thought we were sweating, until we drove his E-type coupe. Completely stock, down to the cooling system, the engine temperature rode right on the edge of danger the entire trip. Visions of a warped aluminum head danced through my brain. The car was otherwise brilliant, 10 Martin and SCMer Joe Angel agree—a little vino makes any Italian car run better and the Spitfire fighter-plane cockpit swathed us in leather-trimmed functionality. But at our sub-40 mph speeds, the car was hot inside, and hotter still under the hood. Yes, modern technology in the form of aluminum radiators and auxiliary fans can manage engine heat, but in “as-built” configuration, E-types simply were delivered with cooling systems deemed marginal at best. No way today We haven't had the time to decode the engine oil-loss situation with the Alfa, but we surmise it has something to do with the rubber gaskets that go between the oil canister and the engine block mount. Question: Would it be so wrong to put a spin-on filter adapter on the Alfa and be done with all of this? And at the same time, why not upgrade the cooling system on the Jaguar so that you don't drive with one eye on the road and the other on the temperature gauge? And why not look for a modern a/c fan motor for the GT4? All of this is to say that our old cars were built to standards far different from those of today. While they were mechanically robust and capable of fairly astounding performance in their era, their ancillary systems like heating and cooling—including coolant temperature control—were often just afterthoughts, and users were left to sort things out. Cute or dumb I can't help but wonder what the next generation of car collectors will make of such imperfections. Our generation was raised with these cars, and we accept their inherent flaws with gritted teeth, as reasons to be thoughtful in our driving and innovative in our upgrades. Our children, and their children, will have been raised on new cars that are supremely confident in every way, and which boast things like 100,000-mile intervals between tune-ups (the Alfa has covered just 88,000 miles since new, and Smith's 308 had about 30,000 on the odometer, his Jaguar under 15,000; by modern standards, they should still be running on their original set of spark plugs. Imagine that.) Will our children find overheating English cars entertaining, or just examples of primitive engineering that take too much care and feeding? Will they want to spend $5,000 every three years on a 308 that's worth $35,000, no matter how little they drive it? Will they tire of Alfas finding new ways to leak oil on a daily basis? While I don't have answers to these questions, I do think that the challenges facing the collector car hobby in the next 50 years go far beyond possible restrictions based on emission regulations and a cultural shift that views old cars simply as gross polluters. More thoughtfully, we must wonder if those kids who have never grown up with cranky cars like we did, and who never had to make the decision between sports car handling or dependability and comfort—since you couldn't have both—will just decide that a retro-looking new Mini is as close as they want to get to the real thing. Scarily likely. If so, we're going to be looking at major shifts in the size and con- tent of the collector car market. So, if your kids express any interest in old cars at all, now is the time to get them used to their irascibility and unpredictability. That way, the “fun factor” potential has a chance to outshine the “dumb factor.” ♦ Sports Car Market

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Crossing the Block Jim Pickering Mecum Auctions— St. Charles High Performance Auction Where: St. Charles, IL When: October 3–5 More: www.mecumauction.com Last Year: 363/699 cars sold / $17.5m American muscle is Mecum's specialty, and this year's October event will offer plenty of rare and high-quality examples. Headlining the auction is a pair of Nickey Camaros—a 1967 RS/SS 427 and a 1970 Z/28—as well as a collection of late-'60s and early'70s Mopars that includes several Chargers, 'Cudas, Challengers, and Superbirds. Bonhams & Butterfields— Vintage New England Where: Brookline, MA When: October 4 More: www.bonhams.com Bonhams & Butterfields returns to Brookline for this fall event, which is to be held at the Larz Anderson Auto Museum—the same location as the Frank Cooke Collection sales, which totaled $1.8m in September '06 and $3.6m in April '07. Look for a 1908 Isotta Fraschini Tipo FENC two-seater offered at no reserve. RM Auctions— Vintage Motor Cars of Hershey Where: Hershey, PA When: October 10 More: www.rmauctions.com Last Year: 108/111 cars sold / $12.3m This second annual auction, held in conjunction with the AACA alongside its Eastern Fall Division meet, will offer nearly 100 cars, including a 1933 Duesenberg La Grande phaeton, a 1934 Rolls-Royce drophead by Mulliner Park Ward, the 1958 Kollins Duesenberg LeGrande Roadster, and a 1936 Packard V12 dual cowl phaeton. H&H Auctions—The Haynes International Motor Museum Where: Sparkford, UK When: October 12 More: www.classic-auctions.com The Haynes International Motor Museum, which houses over 350 cars and motorcycles dating from 1886 to the present day, will serve as backdrop for this Sparkford event. Featured consignments include a 1937 Frazer-Nash BMW 328 roadster, a 1937 Aston Martin 15/98 Short Chassis tourer, a 1955 Lancia Aurelia B24S Spider, a 1955 AC Ace, and the 1948 Allard J1 Trials 12 RM Auctions—Automobiles of London Where: London, UK When: October 29 More: www.rmauctions.com Last Year: 78/85 cars sold / $38.1m Following a record-breaking 1958 Kollins Duesenberg LeGrande Roadster at RM Hershey car known as “The Appleton Special.” Barrett-Jackson—Las Vegas 2008 Where: Las Vegas, NV When: October 15–18 More: www.barrett-jackson.com After hosting popular auc- tions in Scottsdale and West Palm Beach for several years, Barrett-Jackson will travel to the Mandalay Bay Resort and Casino for this first-time Las Vegas event. The Speed Channel will provide live coverage as approximately 600 no-reserve cars cross the block, including Carroll Shelby's first race car, a 1949 MG TC he drove to victory in 1952. Bonhams—Collectors' Motorcycles Where: Staffordshire, UK When: October 19 More: www.bonhams.com Last Year: 140 bikes sold / $1.9m Bonhams's annual auction held alongside the Classic Motorcycle Mechanics Show will feature a number of important classic and vintage bikes, including an unrestored 1961 AJS 7R 350-cc motorcycle ridden in the 1961 Junior TT by factory rider Derek Powell and a 1936 Norton International 350-cc Model 40 “Manx Grand Prix” ridden by Johnny Lockett to 5th in the 1936 Junior Manx Grand Prix. Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. September 1—BONHAMS London, UK 1—SHANNONS Melbourne, AUS 3—PETERSEN Salem, OR 6—MECUM Canal Winchester, OH 5-6—TOM MACK Charlotte, NC 8-9—BARONS Surrey, UK 12-13—COX Branson, MO 13—BONHAMS Beaulieu, UK 14—BONHAMS & GOODMAN Melbourne, AUS 19—BONHAMS Chichester, UK 20—MIDAMERICA Blaine, MN 19-20—SANTIAGO Tulsa, OK 20—ICA Sioux Falls, SD 20—LEAKE Houston, TX 26-27—BONHAMS & BUTTERFIELDS Owls Head, ME 27—SILVER Portland, OR October 3-4—CARLISLE Carlisle, PA 3-5—MECUM St. Charles, IL 4—BONHAMS & BUTTERFIELDS Brookline, MA 4—KRUSE Morehead, KY 4—POTTS Hampton, GA 8-11—KRUSE Hershey, PA 10-11—DAN KRUSE CLASSICS Biloxi, MS 10—RM Hershey, PA 11—MIDAMERICA St. Paul, MN 12—H&H Sparkford, UK 16-18—BARRETTJACKSON Las Vegas, NV 17-18—SILVER Las Vegas, NV 18—KRUSE Dover, DE 19—BONHAMS Stafford, UK 19—SHANNONS Melbourne, AUS 20-21—BARONS Surrey, UK 24-25—DAN KRUSE CLASSICS Fredericksburg, TX 24-26—RM Toronto, CAN 25—BONHAMS & BUTTERFIELDS Los Angeles, CA 29—RM London, UK 31—BONHAMS London, UK November 1—SILVER Seattle, WA 1—WORLDWIDE Hilton Head, SC 2—ICA Louisville, KY 7-9—KRUSE Auburn, IN 8-9—ICA Gilbert, AZ 15—SILVER Spokane, WA 16—ARTCURIAL Paris, FRA 16—BONHAMS & GOODMAN Sydney, AUS 19—BONHAMS Harrogate, UK 21-23—KRUSE Dallas, TX 21-21—MCCORMICK Palm Springs, CA 24—SHANNONS Melbourne, AUS 26—H&H Buxton, UK 28-29—ICA Houston, TX 29-30—KRUSE Las Vegas, NV 30—BONHAMS & GOODMAN Sydney, AUS Sports Car Market $38m inaugural event in 2007, RM will again team up with Sotheby's for its much anticipated second European sale of the year. Over 75 cars will cross the block at Battersea Park, headlined by a 1938 Horch 853 Special Roadster, a rare 1938 Bugatti Type 57C Atalante, a 1964 Ferrari 250 LM berlinetta, and a 1924 RollsRoyce Silver Ghost Torpedo. Bonhams—Veteran Motorcars Where: London, UK When: October 31 More: www.bonhams.com Timed to coincide with the RAC London to Brighton Veteran Car Run, this sale will feature a number of eligible Brighton Run vehicles, including a 1901 Hurtu 4½hp four-seat rear-entrance tonneau that's been in its present ownership for more than 50 years and a 1903 Malicet et Blin 8hp four-seat rear-entrance tonneau that has been a successful entry in the Run for the past 13 years. ♦

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Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. Event Niello Concours SCM News ■ During the Pebble Beach weekend, Publisher Martin, in partnership with eBay Motors, unveiled the Collector Car Price Tracker. Fueled by data from eBay Motors, and powered by the SCM creed that an informed collector is a smart collector, Price Tracker is the world's fi rst real-time, online price guide. It features over 500,000 sold-car results, and is updated weekly with thousands of new sold transactions. Subscribers can analyze price trends over time, and by model year and geographic location as well. Based on actual transactions, the Collector Car Price Tracker is based on fact, not opinions, and is timely. See it for yourself at www.ebaymotors .com/pricetracker. Introductory pricing starts at just $3.99 for a day. Events ■ The Barrington Concours d'Elegance, Legends & Legacies, returns to Chicagoland for its second installment October 3–5. Scheduled events on the weekend include a “Celebration of Speed” at the nearby Autobahn Raceway, a leisurely rally, a concours 14 parade, and of course the show itself. This year, the concours celebrates 100 signifi cant cars in twelve classes, plus a motorcycle class and the new Concours Couture, which will reward those most appropriately dressed in period costume. Tickets start at $30. www.barringtonconcours .org. (IL) ■ Sunday, October 5, the Niello Concours at Serrano returns to Eldorado Hills, California. Featured will be the 100th anniversary of General Motors, as well as Porsche. Other events during the weekend include the Niello BMW Ultimate Driving Tour and a gala dinner before select cars from the concours. Tickets start at $35. www.nielloconcoursatserrano .com. (CA) ■ From October 6 to 9, drive 70 of Kentucky's most scenic roads on the four-day Bluegrass 1000. Along the way, participants will stop at state and national parks, the NADA narrow gauge railroad tunnel, and Kentucky Speedway, where they'll get some lap time on the high-banked tri-oval. Top accommodations are included in the package, as is the fi nest in authentic Kentucky cuisine. And of course, it wouldn't be a vintage tour without a well-equipped support vehicle. $3,000. www.bluegrass1000 .com. (KY) ■ Don't miss the Festivals of Speed in Orlando at the Ritz Carlton Grande Lakes Resort on October 11 and 12. On display will be a collection of great classic autos, alongside some stellar private aircraft, unique boats, and motorcycles. The event will be honoring the 45th anniversary of Lamborghini, celebrating the 100th anniversary of Ford's Model T, and will pay tribute to the General Motors centennial. Tickets start at $10. www.festi- valsofspeed.com. (FL) ■ The transition from October to November is getting big in the South. This year, on October 30 and 31, the Hilton Head/Savannah Historics roar to life at the newly reopened road course on Hutchinson Island, Georgia. On the roster is a celebration of the centennial of the 1908 Great Savannah Races, the Tiedeman Cup American Grand Prize Race, and the Vanderbilt Cup. Several classes will race over the two-day event, with winners invited to show at the Hilton Head Island Concours d'Elegance on Saturday and Sunday. Tickets start at $10. www.hhiconcours.com. (GA) ♦ Calendar 2-4—Alpen Classic Rallye (CHE) www.alpenclassic.de 3-5—Geneva Classics (CHE) www.geneva-classics.ch 3-5—Barrington Concours (IL) www.barringtonconcours.org 4—Morgan Adams Concours (CO) www.morganadamsconcours.com 4-5—Louisville Concours (KY) www.concourslouisville.com 4-7—Bahrain International Motor Show (BHR) www.bims.bh 4-19—Paris Motor Show (FRA) www.mondialautomobile.com 5—Niello Concours at Serrano (CA) www.nielloconcoursatserrano.com 6-9—Bluegrass 1000 (KY) www.bluegrass1000.com 7-12—Hershey Autojumble (PA) www.aaca.org 9-19—Australian International Motor Show (AUS) www.carsguide.news.com.au/aims2008 11-12—Festivals of Speed Orlando (FL) www.festivalsofspeed.com 17-19—Lake Mirror Classic (FL) www.lakemirrorclassic.com 18-19—24 Hours of LeMons (TX) www.24hoursoflemons.com 22-24—Mille Autunno (CA) www.californiamille.com 24-30—La Carrera Panamericana (MEX) www.lacarrerapanamericana.com 30-31—Hilton Head/Savannah Historics (GA) www.hhiconcours.com Sports Car Market

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SCM Contributors JAY FITZHUGH has been a muscle, hot rod, and custom guy since Hot Wheels first hit the shelves in 1968. He has since owned a succession of Shelby Mustangs, a Pontiac GTO Judge, and various flathead-powered early Fords. Currently, his garage holds a 1932 Ford 3-window coupe and a 1956 DeSoto Hardtop. For over a decade, Fitzhugh has been a Senior Contributing Writer for The Rodder's Journal, where he has published well over 20 story chapters on the evolution of hot rodding from the late 1940s through the '60s. He has received both Gold and Silver Moto Awards for his writing and photography from the International Automotive Media Competition and is a member of the Motor Press Guild. This month he makes his SCM debut, and you'll find his profile of the Chrisman Bonneville on p. 44. ED MILICH is a writer, musician, motorcycle road racer, and mechanical engineer living la vida meccanica in Los Angeles. He edits the motorcycle web sites www. guzzitech.com, www.bimotacagiva.com, and www.motobastard.com, as well as his blog, www.guzzitech.blogspot.com. He and wife Alice's fleet of fully operational race and street bikes includes around ten Ducatis, including Brian Catterson's former 650 Alazzurra racer, a multiple Daytona race-winning 650 SS, and an NCR Pantah-framed 650 racer. He usually spends his Saturdays covered in grease at Moto Guzzi Classics, an old-timey Moto Guzzi shop in Long Beach. This month, SCM pried him away from his bikes long enough to write about one, and you'll find his piece on the Cagiva Alazzurra on p. 102. ROB SASS was pre-ordained to accumulate strange collector cars. His first-ever car ride, on the way home from the hospital, was in the back seat of his dad's 1959 Hillman Minx. Sass served as Assistant Attorney General for the state of Missouri and then as a partner in a St. Louis law firm before deciding his billable hours requirement terminally interfered with his old car affliction. His stable of affordable classics has included a TVR 280i, a Triumph TR250, an early Porsche 911S, and a Daimler SP250. He currently owns a 1967 E-type convertible and a 1967 Maserati Mistral coupe. He has written for Business Week and the New York Times, and has been SCM's “Affordable Classics” columnist for two years. This month, he dives into the Citroën DS on p. 24, and you'll find his profile of a Mercedes McLaren SLR on p. 40. MICHAEL SHEEHAN ran one of the largest independent Ferrari service centers in Southern California for 30 years. Currently, he is a Ferrari historian and broker. Sheehan has appeared in several automotive television documentaries, including shows on the History Channel. He has a passion for racing both current and vintage machinery and has competed in the Mazda Pro Series, Trans-Am, IMSA GTO, and IMSA Camel Lite, and has three drives in the 24 Hours of Daytona and 12 Hours of Sebring. He currently races Legend cars with his daughter and is getting his pilot's license with his son. His regular column, “Sheehan Speaks,” has been a part of SCM since 1993, and this month he tackles the subject of diminished value on p. 32. 16 Sports CarMarket Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead Auction Analysts John Clucas (Australia), Richard Hudson-Evans (Europe), Daniel Grunwald, Chip Lamb, Norm Mort (Canada), Paul Hardiman (Europe), Jérôme Hardy (Europe), Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Jim Schrager (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Kathy Donohue, Martin Emmison, Paul Hardiman, Simon Kidston, Raymond Milo, Rob Sass, Steve Serio Internet Director Adam Wentz adam.wentz@sportscarmarket.com; 503.261.0555 x 212 Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print Media DirectorWendie Martin wendie.martin@sportscarmarket.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Advertising Executives KJ Glennon kj.glennon@sportscarmarket.com; 877.219.2605 ext. 222 John Scharff john.scharff@sportscarmarket.com; 314.802.8139 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 ext. 213 SUBSCRIPTIONS Subscriptions Coordinator Jennifer Davis-Shockley jennifer.davis@sportscarmarket.com; 503.261.0555 x 204 To order new subscriptions 800.289.2819 Questions about current supscriptions 877.219.2605, ext. 204, service@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Marketmagazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2008 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- vestor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Jack Griffith lives on After looking over Colin Comer's August “Domestic Affairs” column (“The Dandy Griffith,” p. 60), I was astounded that someone so far removed from this historically significant yet relatively unknown marque could write so much a correct representation of its legacy. We are finally preparing to launch into the “autosphere” the continuation version of the Griffith—the G2 Griffith. It will be a very faithful yet re-engineered version of the original car. Over the past 18 years, I have assembled a covey of former factory workers who have been constants in the publication of my book (The Griffith Years, reviewed on p. 100) and have volunteered to be the advisory group in assisting us in bringing this misunderstood marque once again to life. The prototype is being assembled in the Pittsburgh area, and the final assembly plant will be here in North Carolina. As someone who worked as the factory test driver and had the opportunity to drive just about every Griffith that came off the assembly line, I came to be intimately aware of many of the engineering pitfalls and shortcomings in the cars. In the G2, we have exorcised just about all of the evils that resided in the fiberglass and steel of the Griffith. But in order to permit some of the more visible vintage racing sanctioning organizations to “put wheels on the track,” we are staying true to the car's design and powerplant requirements. Since the G2 will be introduced as a kit car, the buyer will be able to put his own powerplant under the bonnet, but the sanctioning race scrutineers will be looking for a Ford small-block (289 or 302 Windsor variant) as the motivating force. Some of the engineering changes included in the G2 are an ATL fuel cell, non-Lucas wiring for a/c and power windows, IRS, heat-shielded foot boxes, a stronger chassis, a radiator capable of cooling 400 horses, and manufacturer-supplied VIN and chassis number. 18 block Corvettes regularly filleted in public for this, but this ancient issue seems to be a “must” topic if mentioning a Pantera. The best Edelbrock water pump, a correct thermostat (a surprising culprit), and better fans do wonders. I had all the above done to my car for a whopping $330 and it stays at 190 degrees idling, in traffic. With the air on. So, the interior is not up As someone whoworked as the factory test driver and had the opportunity to drive just about every Griffith that came off the assembly line, I came to be intimately aware of many of the engineering pitfalls and shortcomings in the cars The Griffith name, trademark logo, and vehicle design are now secure and registered properly in the United States Patent and Trademark Office (USPTO), so that the lifeblood and continuation will remain in the hands of those who brought this car to the world more than 45 years ago. Thanks again for having Mr. Comer bring the history and life story of this car to the forefront in your fine magazine.—Mike Mooney, President, Griffith Motorcar Company Cornered cats Rob Sass's article about Panteras (August, “Ford's Sleeping Beasty,” p. 32) delights more in maligning the car than informing your readership. Okay, so Elvis shot his. Hardy-har. Not many readers of this magazine haven't been similarly tempted by cars other than Panteras. And a Google search could yield all sorts of gory backgrounds on every car from Alfa to Zimmer that make for impolite dinner conversation. I mean, is this magazine about cars or karma? I'm a car nut like the rest of us. But for the purpose of education plus entertainment, maybe Mr. Sass could've mentioned that Elvis shot his car because it wouldn't start. An overreaction to vapor lock, some say. Others suggest the world's longest, worst-grounded starter cable ever. Thirty years of Panteraholic intrigue have solved these problems ingeniously, inexpensively, and effectively. Oh, so they rust? Shocker. His investigation found ONE GUY who said his restoration bill was higher than expected (imagine that!) because the undercoating exacerbated the process. My '74 one-owner Pantera—from Michigan, no less—is spotlessly un-rusted, never painted, and tight as a vault. Overheating problems? I don't see E-types, Tigers, or big- to par? I wish my seats were leather, too, but Ford accountants won that one. However, the gauge layout, lighting, rocker switches, vertical radio, and high-quality carpet are enough to delight my wandering eye every time I get in it. You get used to it. It works. The car's designer, Tom Tjaarda, just happened to design the Rondine Corvette that brought a mere $1.6m in January (he's also credited with the Ferrari 365 California Spyder and 330 2+2). To me, the Pantera hasn't a line out of place. I get more thumbs up in my virtually stock Pantera than in my 512 BBi. As to its Ford block ancestry, the sound it makes will delight any horsepower junkie. Do Cobra or GT40 owners ever complain about the Ford connection? Plus, the windows actually go up and down, the air is cold, it has two trunks, and has been supremely reliable. To say this car is undervalued is a gross understatement. And I've never once considered shooting it. I encourage you to keep your magazine a fun and factual account of the cars we all love, fairly assessing their quirks and qualities.—Adams Hudson, Montgomery, AL Rob Sass's report on the Pantera was one of the most inaccurate and inappropriate articles I have seen in quite some time. I trust SCM to give accurate and unbiased information on collector cars so we readers might make wise purchases. The information in this story was so counter to my Pantera-owning experience (and those of most other owners) and so full of unrelated venom, I can only assume Sass is trying to drive down the prices so he can buy one.

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Ad Index 2shores International .............................75 Aston Martin of New England ..............87 Autobahn Power ...................................112 Autosport Designs .................................91 Battery Tender ........................................87 BB One Exports ...................................103 Beverly Hills Classic Cars .....................79 Bonhams & Butterfields ........................11 Bonhams & Goodman ...........................13 Canepa ....................................................61 Charles S Crail Automobiles ...............109 Cheetah ...................................................83 Chequered Flag Int'l ..............................95 Classic Showcase .................................105 ClassicCars.com .....................................83 Collector Car Price Tracker ...................97 Condon & Skelly ....................................27 Continental AutoSports ........................95 Copley Motorcars Corp. ......................109 Cosdel ...................................................105 County Corvette ...................................105 Davidoff Zino Platinum .......................103 Digit Motorsport ....................................93 Doc's Jags ...............................................77 Driver's Houston Auto Works ...............33 European Collectibles ..........................105 Exotic Car Transport ............................113 Family Classic Cars ...............................85 Fantasy Junction .....................................89 FECC Passport Auto Transport ...........113 Fourintune Garage Inc .........................112 GM ........................................................116 Gooding & Company ...............................2 Griot's Garage, Inc. ................................51 Grundy Worldwide ................................81 H & H Classic Auctions .........................43 Hagerty Insurance Agency, Inc. ............17 Hamann Classic Cars .............................81 Heacock Classic ..................................109 Hilton Head Island Concours ................85 Hyman, Ltd. ...........................................49 Intercity Lines ........................................25 J.D Classics .............................................73 JJ Best Banc & Co ................................107 Joe Sackey Classics ................................31 Kidston ...................................................15 Kruse International ................................67 Macneil Automotive ..............................55 Maserati North America ........................21 Mecum Auction ......................................53 Mid America Auctions ..........................65 Miller's Incorporated ...........................113 Morris & Welford, LLC .........................19 Motorcar Portfolio .................................69 Only Oldies .............................................93 Palm Springs Exotic Car Auctions ........59 Park Place Ltd. .......................................29 Paul Russell and Company ....................89 Plycon Transportation Group ................41 Poff Transportation ..............................113 Potts Auction ..........................................76 Premier Financial Services ..................115 Putnam Leasing ......................................23 RM Auctions ........................................4, 5 Ron Tonkin .............................................91 RPM Motorbooks .................................112 Silver Auctions .......................................57 Sports Car Shop ...................................101 Spyker of North America LLC ..............63 St. Louis Car Museum ..........................71 Symbolic Motor Car Co ...........................3 Ulysse Nardin Watches ............................9 US Appraisal ........................................103 Vintage Rallies .....................................101 VintageAutoPosters.com .....................113 Web Steel Sales, Inc. ............................113 Worldwide Group .....................................7 20 I own an original pre-L Pantera. It runs flawlessly, is rust-free, and the only time it ever overheated was when I left it idling outside a friend's house in the Phoenix summer heat for twenty minutes. True, many of the Panteras running around today are modified in some way, and rust can be an issue on these cars. Rust issues abound on almost any 35-year-old car, regardless of make, price, or pedigree. Name a car that doesn't rust. Panteras are easily and inexpensively repaired and maintained, with most bills being less than the sales tax for the repair of anything else out of Italy, while still possessing style and performance. That a 351 can be overhauled for less than the cost of a major service on a Ferrari is true, but a gross understatement. It is a quantum leap less. To say that most parts are available “at a price” implies they are expensive. They are not. Especially compared to similar cars. More importantly, Panteras are driven and enjoyed, not kept in garages for investment speculation. The people who have them love them, use them, maintain them, and yes, in some cases, improve them. Sometimes the result is less so. But how this is the fault of the car, as you would have us believe, is a mystery. Finally, as for the claim that they kill famous owners or incite them to gunplay, these are preposterous statements. Are you sure this story wasn't for the April 1 edition? Name a sports car in which nobody famous has been killed. Add alcohol, drugs, or ignorance of the laws of physics to any fast car and disaster in inevitable. Again, I fail to see how this is the fault of the car. As for Elvis shooting one, he also famously shot a television. I expect more objective and accurate coverage from this magazine. I will read Sass's writing with a grain of salt from here on. I'm not sure what he has against the Pantera, but this magazine should not permit such unwarranted character assassination.—Robert L. Greene, Phoenix, AZ Thata 351 can be overhauled for less than the cost of a major service on a Ferrari is true, but a gross understatement. It is a quantum leap less Rob Sass responds: Thanks for your letters, gentlemen. I actually had to go back and reread the article, as I couldn't recall doing a “hatchet job” on a car that I actually like quite a bit and one that is on my short list of cars to own in the near-term. In going through the article again, I note that the car's “sensational looks” were mentioned, as well as the fact that it was a “strong performer” that looked “quite compelling as a collectible” and provided “a lot of bang for the buck.” Hardly the stuff written from the grassy knoll. If you want to read a real assassination, look at Road & Track's original road test of the car. And as for the anecdotes about the cars when new, none were inaccurate, and frankly, most add to the mystique of the car. People boast about mastering cars like the Pantera and Porsche 930 because they are unforgiving to the unskilled and foolish. And really, the notion of a bloated, jumpsuited Elvis shooting his car over a simple electrical problem is pretty amusing. Regarding the rust issues, for every original never-rusted Pantera, I would be willing to wager there are five grievously rusted or once-rusted cars in existence. It was a fact of life with cars until recently, and I mention it in connection with nearly every “Affordable Classic” column I've done, including Porsches and even Corvettes. Nor do I shy away from mentioning overheating in other cars; it was one of the reasons I recently stated for preferring the small-block LT1 Corvette over the big-block. And in point of fact, I did mention that there are plenty of specialists around who can sort out these and other issues. But really, the Pantera is a car that requires little in the way of defending. Lighten up, enjoy what is a truly wonderful car, and you will have the last laugh when they join the $100,000 club. Errata On p. 38 of our Villa d'Este event recap in the August issue, we incorrectly labeled Pescara as a coachbuilder. As reader David Rivkin points out, Pescara is a city in the Abruzzi, which lent its name to a sporting Alfa in the 1930s. ♦ Sports Car Market

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In Miniature Marshall Buck An Accurate GTO, Mistakes and All Everybody and his brother has produced the 250 GTO, and even with ten bazillion out there, collectors are still willing and wanting to buy more DeTomaso Mangusta Mangusta Details Production Date: 2005–06 Quantity: 2,016 of each version Ratings: Overall Quality: Authenticity: Overall Value: Web: www.minichampsna.com The first time I saw a DeTomaso Mangusta in the metal was on Madison Avenue in New York City at age 9 or 10, back when they were new. That encounter left an indelible mark, and I have wanted one ever since. As a highwater mark in car design, it's a little surprising to me that so few models have been made. Most over the years have been toys, and primarily in 1:43- scale, such as the more recently Chinese-produced blue 1969 version by Minichamps. This model was also done in red and metallic brown, which looks more like Anthracite Gray. All three versions are numbered limited editions. This is the best model produced yet by any manufacturer; I just wish it were larger. The model is fairly well detailed with a good interior, see- through mesh screening at the rear, and nice wheels, which even have the emblems on the hub centers. The gullwingtype engine doors open, exposing almost nothing—a lot like the real car, as it is hard to see or get to anything. Underneath, you can see the very detailed engine, transaxle, and exhausts, though that requires dismounting the model from what is really great packaging. The presentation is excellent. Each model comes mounted in an attractive box with which there is an 18-page pamphlet about the car, along with a well-finished serial-numbered lapel pin for this model edition. Model failings include the window trim on the sides, which should be chrome, not painted silver. There is a slight mismatch of the shade of blue on some body panels—a miniature version of a body shop paint job mismatch. It's now out of production, but seen fairly often (for the moment) on eBay at around $70 to $100. Ferrari 250 GTO GTO Details Production Date: 2008 Quantity: About 3,000 of each version Ratings: Overall Quality: Authenticity: Overall Value: Web: www.kyosho.com In the land of models, everybody and his brother has produced the iconic Ferrari 250 GTO, in literally every scale and detail level imaginable, from mass-market to one-off scratch-builts. Even with approximately ten bazillion models made, collectors are still willing and wanting to buy more, hence Kyosho have been happy to oblige with an excellent 1:18-scale piece available in five versions, all made in China. All appear to be 1962 cars. Three are competition cars, two are “street” cars in red, and one comes in black, which Ferrari never made. They have also just released a terrific 1:43-scale model of this, too. Kyosho's GTO is beautifully executed, and the body shape is perfectly captured. Wire wheels and tires are superb; even valve stems are there. Overall, the fit and finish are excellent, along with a true abundance of detail, including all opening body panels (a tool to assist is included), working suspension, and posable front wheels. There's enough good engine and chassis detail to satisfy most. Not many models are without flaws, this one included. As I said, really great body shape, but the large vents behind the rear tires should be open or at least have a little black paint there to simulate the opening. Same comment for the vents behind the door windows. Clearly Kyosho picked a particular car that has been slightly modified by its owner, with the addition of black diamond-pattern padding on the entire rear shelf, along with an added roll bar and black rubber floor mats. I wish they'd get rid of that awful GTO plate on the rear. The seats look great in the correct royal blue color, and the rest of the interior is wonderfully detailed, including the dash and door panels. The steering wheel is one of the best I have seen from anyone; the wood rim is very thin and correct for the scale, and it is perfectly finished and properly positioned. I recommend this one, but due to licensing issues, all Kyosho Ferrari mod- els will only be produced until the end of this year, so don't wait too long. Prices run from $118 on road cars to $138 for the comp. cars. Available from Motorsports Miniatures, 800.249.3763; www.motorsportsminiatures.com. Little Deuce Coupe Now for something a little different. The Danbury Mint has just produced what may be its finest 1:24-scale model—the Little Deuce Coupe—made famous the Beach Boys. It's great piece of model engineering. Flawless metallic candy blue paint adorns the body, with contrasting white trim, and there's plenty of faultless chrome everywhere. Chassis detail looks just right. Pop open the trunk and you'll find a battery with its cables and the gas tank on a carpeted shelf. The doors fit precisely, and each is held firmly in place via a tiny spring-loaded pin. Looking into the completely detailed interior is a real treat. Gauges and switches fill the dash as well as the panel above the windshield, which happens to tilt forward from the top. Simulation of the tufted white with blue piping and buttoned material covering the doors, seats, and headliner is superb. The light blue carpeting even looks to be in scale. The engine is a highly detailed Oldsmobile V8 with a GMC blower and triple Stromberg carbs, all Deuce Coupe Details Production Date: 2008 Quantity: 5,000 Ratings: Overall Quality: Authenticity: Overall Value: Web: www.danburymint.com of which is pretty much fully wired and plumbed—belts, hoses, delicate fuel lines, clear plug wires to individually attached spark plugs, and much more. The engine is good enough to display just by itself, and the overall model is one you can truly spend a great deal of time looking over to take in all the great workmanship. Don't wait too long, this is a numbered limited edition, only available until the end of this year. $140. Available from the Danbury Mint, 800.243.4664; www.danburymint.com. 22 Sports Car Market

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Affordable Classic Citroën DS The Unaffordable Classic A dead DS that has settled to the bottom of the suspension travel is likely to become part of the fossil record at precisely the spot where it died by Rob Sass propellers. Predictably, the new hydraulic systems suffered from problems in the beginning, although these were somewhat ironed out. Nevertheless, the workshop manuals didn't reach dealerships until after some of the early cars, which creates a mind-boggling picture of the service area. Perhaps as a result, Citroën introduced the ID19 in 1956 with a simplified interior and conventional steering and brakes. Interiors were bizarre to say the least, with inscru- table minor controls and a single-spoke steering wheel. They were, however, extremely comfortable, with good seats and an abundance of room, owing to the fact that the wheels were pushed to the very extreme corners of the car. The real story of the DS was the amazing ride. No car with conventional steel springs could come anywhere near approaching the DS's combination of ride and handling. No DS is a particularly quick car, especially the early 60-hp cars, but the amazing aerodynamics meant that surprisingly high cruising speeds were possible over appalling road surfaces (the pave of Northern France, for example). The list of amazing facts about the DS has been well- 1967 Citroën DS21 T he introduction of the Citroën DS19 at the Paris Motor Show in 1955 had all the drama of Klaatu's flying saucer landing in Washington, DC in the 1950s sci-fi movie “The Day the Earth Stood Still.” By the end of the motor show, Citroën had over 700 firm orders in hand for the “De-esse,” which literally translates to “Goddess” in French. In addition to the styling, which some derided as flounder-like or the ultimate in Gallic weird, the specification was like nothing else on this planet, or for that matter, Klaatu's. Hydropneumatics, pressurized by an engine-driven pump, powered the clutch, power steering, brakes, and self-leveling suspension. Ride height was adjustable from inside the car. When lifting the massive hood of a DS, one is struck by two things: how lost the little 2-liter, 4-cylinder engine looks, and, who left their croquet balls in there? The spheres, in Citroën-speak, are each partially filled with highly pressurized nitrogen and connected to the car's hydraulic system. The aforementioned engine-driven pump further pressurizes the system at up to 2,200 psi. Extreme care in depressurizing must be taken when opening a system, as spurting of hydraulic fluid is a very real risk. Early cars used a conventional glycol-based hydrau- lic fluid, but since these fluids had an affinity for water, it was not ideal. In 1966, Citroën switched to a special mineral-based fluid, similar to what Rolls-Royce (who bought the system for the Silver Shadow) specifies. Using the wrong fluid has dire consequences. Fitting the Concorde with propellors A new air-cooled flat-6 was planned but never materialized, so the DS went into production with the 1.9-liter four from the old Traction Avant. It was a glaring oversight, not unlike fitting the Concorde with 24 Details Years produced: 1955–76 Number produced: 1,455,746 Original list price: $2,833 (1959 ID19) Tune-up cost: $250–$300 (doesn't include sphere recharge) SCM Valuation: $12,500–$15,000 Chassis #: Bulkhead by right side air vent intake Engine #: Driver's side near fuel pump; passenger side near starter on later cars Club: Citroën Concours of America 8515 Arjons Drive #I San Diego, CA 92126 More: www.citroen-ca.com Alternatives: 1974–91 Citroen CX, 1956–75 Tatra 603, 1967–77 NSU Ro80 SCM Investment Grade: D documented, including its ability to rise on its suspension sufficient to change a tire without a jack, or to ford a small stream, repair collision damage by easily unbolting body panels, or to maintain a high speed even after having two tires shot out by machine gun fire. The latter fact was discovered in 1962 by Charles DeGaulle, who survived an assassination attempt by “Algerie Francais” nationalists. He sped away in an unarmored DS with two flat Michelins. Various refinements took place over the long life of the DS, including an eventual doubling of horsepower by 1971 with the 2.3-liter DS23. The iconic quad covered headlights were added in 1968, with the inner set turning with the steering wheel. High school French a real help for parts Comparatively few DSs wound up in the U.S. A spotty dealer network and the inability of untrained mechanics to perform service were largely to blame. The avant garde styling probably didn't help in the U.S., either. Nevertheless, wherever eccentrics and Francophiles congregate in large numbers, a DS sighting is possible. Perhaps the most popular bumper sticker in SCM's hometown of Portland, Oregon, is “Keep Portland Weird.” It's not surprising that Portland is home to numerous DSs, an ID19, and several Safari station wagons, at least one of which was the former property of SCM Executive Editor Paul Duchene. Sedans are obviously the most common body style; however, Safari wagons are not uncommon. Decidedly uncommon and hugely desirable is the rare Henri Chapron-built decapotable, or convertible. The best ones will break $200,000. In general, DSs are robust, engines and gearboxes are stout enough, and although they are as rust-prone as anything else, at least body panel replacement isn't difficult. Sports Car Market

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With over a million cars produced from 1955 to 1975, parts are not a problem, although your high school French may be helpful. Western Hemispheres (www .westernhemispheres.com) in Watsonville, California, is the patron saint of U.S. Citroën owners and should be able to help with most DS necessities. The main impediment to DS own- ership is the hydropneumatic system. Mechanics not intimately familiar with it will generally (and rightly) refuse to touch it. And a dead DS that has settled to the bottom of the suspension travel is likely to become part of the fossil record at precisely the spot where it died. Even today, there is a distinctly sci-fi aspect to the DS. Decades after the car's introduction, the DS was showing up in movies set in the future. Look closely in “Blade Runner,” “Back to the Future II,” and “Gattaca,” and you'll catch several. A fully sorted DS is an extraordinary car and an attention-getter of the highest magnitude. However, with the exception of the coachbuilt convertible, prices don't seem to be going anywhere. As when they were new, fear of the complicated hydraulics and the lack of widespread service expertise are the major impediments to DS ownership. ♦ 20-Year Picture 1966–72 Citroën DS21 Sedan $12,000 $15,000 $3,000 $6,000 $9,000 1965–69 Chevy Corvair Monza Coupe 1955–61 Borgward Isabella Sedan 1989 1994 1999 2004 2008 Prices are for cars in excellent condition. This information is provided by Black Book and Cars of Particular Interest Collectible Vehicle Value Guide, www.blackbookusa.com. October 2008 25

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Legal Files John Draneas The Spyder and the Fly… Armed with a camera, they decided they could earn eternal YouTube fame by videotaping “Gibby” urinating on the Ferrari I t was a nice day in Ontario, Canada, so a Ferrari owner decided to take a top-down drive in his 360 Spyder. During his motoring, he decided to make a stop to run an errand at a shopping mall. He found a safe parking place and left the top down while he went in “just for a minute.” When he returned to his Ferrari, he discovered that he had lost his key somewhere in the mall. A call to his Ferrari dealer hit a dead end. It was a weekend, and a new key couldn't be made until Monday. The mall's security staff offered to move the car to an underground parking area for safekeeping. But the owner was worried the car might be damaged while being moved, and he decided it was best to leave it where it was. The security staff placed a tarp over the car and posted stanchions and rope around it to keep people away, which was about all they could really do under the circumstances. Late that night, a group of drunken young men walked through the parking lot and spied the Ferrari. Armed with a video camera, they decided they could earn eternal YouTube fame by videotaping a prank with the Ferrari. Thousands have since viewed “Gibby” in his starring role as he urinated on the Ferrari. (It can be seen at www.sportscarmarket.com/flyferrari.) What is it about people who post on YouTube? These guys filmed themselves committing vandalism, called each other by name, and then posted it in a public forum where they could easily be discovered and arrested. Go figure. The story unleashed a lengthy diatribe on ferrarichat .com and other web sites, decrying such reprehensible disrespect of the Prancing Horse. While “Legal Files” agrees that this is disgusting conduct, it chooses to approach the situation with a more practical question: Whom might the owner sue? Damages and diminished value The video suggests there probably wasn't much dam- age caused to the Ferrari. Gibby seems to have urinated on the exterior of the car, and a prompt wash and wax may be all that is necessary to restore the car to its previous condition. But what if the damages had been more physically substantial? What if these numbskulls had, say, keyed the car or beaten it with a pipe? Let's analyze the situation from that assumption. More extensive damage would not only have required more expensive repairs, but the Ferrari may not have been worth the same afterward no matter how well repaired. 26 That is because any car damage that requires body and paint work will have a permanent effect on the value of the car. A subsequent purchaser will always pay less for the car because of the previous damage, even if “perfectly” repaired. The reasons for this market fact are real and logical. It is always difficult to know how well the work was done, and time will usually reveal any shortcomings. Similarly, the paint on the car is now partly original, partly new. Even if it matches today, will it always match, or will the different paints fade differently? Will it last as long as the factory paint? These questions can go on and on, and cannot be answered satisfactorily even under the best of circumstances. This effect is referred to as “diminished value,” and can often be around 25% of the pre-loss value of the car. (Michael Sheehan talks more on this subject in his p. 32 column.) What about insurance? The owner's auto insurance policy should pay the claim, but it might not provide complete relief. The damage was clearly caused by vandalism, and would ordinarily be covered under the “comprehensive” coverage of the policy. Of course, the owner will be out the deductible, but things might be worse than that. Many insurance policies are now written to exclude coverage for “dimin- ished value.” There is a very good chance that the owner's policy will cover the body and paint work, but the owner may well be left with a “perfectly repaired” Ferrari that is nonetheless worth substantially less than it was before. Gibby and his friends are equally liable No doubt, Gibby and his friends committed a crime or two, they and could face criminal prosecution. But that isn't going to help our Ferrari owner get his car fixed. He'll have to pursue civil claims against them to accomplish that. Of course, Gibby is liable for all damages he caused, including any diminished value. His friends may be liable as well, even if they never touched the Ferrari. They clearly seemed to be acting in concert, and the law would hold each of them equally liable as “joint tortfeasors.” Their liability would be unlimited. They could be held liable for the repair costs, the diminished value, the loss of use of the Ferrari while it is being repaired, and even for punitive damages if their conduct was found to be egregious enough. The only losses the owner couldn't recover would be his attorney fees. Since the hooligans' cars were not involved, their auto insurance would not cover their liability. But it might be possible that their homeowner's or umbrella insurance might cover it, depending on the policy terms. If coverage were available, it would cover all the damages they would be liable for, except any punitive damages. Gibby and friends would have “joint and several” liability for the damages. That means they are all jointly liable for the damages, and each one of them is severally liable for 100% of the damages as well. And that means the owner can sue all of them, get judgments against all of them, and then collect the judgments from any one or more of them, depending on who has the most money or insurance; that is, he doesn't have to collect the same amount from each of them. In effect, the law takes the position that the owner is to be compensated the easiest way possible, and the culprits can later work out the details among themselves. If one pays more than his fair share, he can get his money back from his friends, although some states do not make provision for that type of recovery. But is the shopping mall liable? Now, to the mall's position. When you leave your car in another's possession, it is legally called a bailment. The bailee (the shopping mall) is required to exercise reasonSports Car Market

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able care in safeguarding the car, and can be held liable for failing to do so. But here, it would seem doubtful that the shopping mall would be liable for the damages. The security personnel did offer to move the car to a more secure location, but the owner declined, thinking it was safer where it was. Should they have posted a guard to watch the Ferrari? That would seem to be well beyond “reasonable” care under the circumstances. After all, the mall wasn't in the car storage business, and cars aren't supposed to be parked in the lot overnight. More on diminished value Publisher Martin posed the following: “I know that ‘Legal Files' assumed physical damage would lead to diminished value, but don't we have a situation where YouTube exposure, as it were, might lead to the same result? After all, this particular car is now infamous. Ask yourself—would you be interested in owning the “pisser Ferrari” at any price? What kind of bragging rights would that give you with your friends?” Leaving aside the potential that, in some circles, this might actually enhance the value of this car, we may have to differentiate between the damage caused by the urine and the damage caused by the YouTube publicity. Gibby and his friends are liable for all of it, but it may get weirder with the others if these are seen as separate occurrences. The owner's insurance carrier may be willing to pick up the cost of the wash and wax, but not cover the damages caused by publicity, on the basis that it was not part of the Calling All Lawyers “Legal Files” frequently receives calls from SCM subscribers in need of legal assistance. Often, a local attorney's assistance is necessary. To be helpful to these subscribers, I'd like to assemble a national roster of car-savvy attorneys. If you are Still a full minute left in Gibby's bladder physical damage caused by the vandalism. Similarly, if the mall has any liability at all, it might try to make the same distinction and limit its liability. If there is any lesson here, it is that Ferraris elicit dif- ferent responses from different segments of society, and leaving one in a public place overnight is probably not the smartest of ideas. Yes, the perpetrators are fully responsible here, but really, if someone is wealthy enough to own a Ferrari, shouldn't he be smart enough to have it towed to a safe storage area if he loses his keys? ♦ interested in accepting referrals, please send a resume to me at legalfiles@sportsc armarket.com and a short description of your practice areas, car-related legal experience, and automotive interests. October 2008 27

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Event Classy Chassis The Classiest of Chassis The '39 Bugatti Type 57C Van Vooren cabriolet was a wedding present from the French government to the future Shah of Iran by Paul Duchene Classy Chassis SCMers Don Blenderman—Houston, TX 1953 Kurtis Kraft 500B Indy Roadster 1954 Kurtis Kraft 500C Indy roadster George Davidson—Louisville, KY 1925 Bugatti Type 35A Grand Prix Paul Emple—Rancho Santa Fe, CA 1930 Minerva AL Vanden Plas 3-position cabriolet Jim & Evelyn Fasnacht—Houston, TX 1934 Chevrolet 3-Window coupe Jim Foght—Barrington Hills, IL 1939 Bugatti Type 57C LeTourneur et Marchand 3-position drophead Stephen Forristall—Houston, TX 1965 Shelby GT 350 Fastback 1967 Ford Mustang Convertible 1968 Ford Mustang fastback Tony Gullo, Sr.—Magnolia, TX 1950 Ford 2-Door Woody wagon Mike Hardage—Kingwood, TX 2002 Porsche 911 GT3 SuperCup Type 101 coupe, one of 20 classy Bugattis in Houston H ouston might seem an unlikely venue to attract a bevy of Bugattis, but the fifth annual Classy Chassis Concours d'Elegance, held at Reliant Stadium on June 8, rounded up 20 of the pur sang sports cars to benefit United Cerebral Palsy of Greater Houston. The Bugattis were the headliners in an exhibition that featured 125 examples of automotive history, including vintage American and European icons, rare and exotic handbuilt sports cars, hot rods, and racing machines. The Bugatti collection naturally generated a number of winners, including the Petersen Automotive Museum, in Los Angeles, which won Best in Show. The museum's stunning 1939 Bugatti Type 57C Van Vooren cabriolet was originally given as a wedding present by the French government to Mohammad Reza Pahlavi, the Shah of Iran. The Bugatti turnout ranged from a 1923 Type 23 Brescia tourer to a new, 250-mph Veyron. Dr. Jim Foght took a first in the Bugatti Open Cars Class with his 1939 Type 57C LeTourneur et Marchand three-position drophead; John Ridings Lee was a winner in the Bugatti Closed Cars Class with a 1929 Type 46 Semi-Profilee coupe; and David Duthu took first in the Bugatti Competition Class with his 1925 Type 35A Grand Prix car. Houston lawyer and mega-collector John O'Quinn brought the ex-Nicolas Cage 1951 Type 101 Van Antem coupe and a blue 1994 EB110; other significant Bugattis (aren't they all, anyway) ranged from two Type 35A unsupercharged race cars to a Type 51 GP racer and two Type 46 coupes. An attractive and unusual car with provenance to match its looks was Lilian McCain's Graber-bodied Type 57 convertible, which was ordered new by her father-in-law in 1936 from the Swiss coachbuilder. He willed it to her and it is essentially original, except for a repaint in correct colors. Concours founder Clay Becker was delighted with the turn- Details Plan ahead: June 13–14, 2009 Where: Reliant Stadium, Houston, TX Cost: Adults, $25; Children, $7 More: www.classychassis.org 28 out. “In five years, Classy Chassis has become one of the premier concours events in the U.S., drawing exhibitors, judges, artists, and car enthusiasts from around the country,” he said. Next year's concours will be held June 13–14, once again at Reliant Stadium in Houston. Ferrari and Packard are the featured marques. ♦ Ron & Sonya Kellogg—Whittier, CA 1956 Jaguar XK 140 Aerodyne Streamliner 1937 Bugatti Type 57/59 Special roadster John Ridings Lee—Dallas, TX 1929 Bugatti Type 46 Semi-Profilee coupe Randolph Lopez—Houston, TX 2001 Lamborghini Diablo 6.0 coupe R.E. Monical—Lake Jackson, TX 1957 Ford Fairlane 500 Skyliner Retractable 1961 Chrysler 300G Coupe 1917 Peerless Model 56 Cloverleaf roadster Peter & Perle Mullin—Los Angeles, CA 1924 Bugatti Type 46 DeVillars roadster 1931 Bugatti Type 54 roadster Ken Pylant—Crosby, TX 1952 Pylant 1/4 Midget Carl & Narcelle Schneider—Eureka, CA 1929 Packard Boattail speedster 1952 Packard Parisian 2-Door fastback Jay Shaff—Dallas, TX 1971 Intermeccanica Italia spyder Kevin E. Varner—Sugar Land, TX 2006 Ford GT coupe Steve Wertheimer—Austin, TX 1929 Ford “The Waco Kid” roadster Don Williams—Danville, CA 1939 Bugatti Type 57C Galibier sedan Mike Young—Austin, TX 1960 Cadillac Coupe DeVille Sports Car Market Shelley Bernd

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Ferrari Profile 1996 Ferrari 456 GT Coupe I've often told people trying to squeak into a Ferrari that if they can't afford the best example, they really can't afford an edgy one by Steve Ahlgrim Details Years produced:1992–98 Number produced: 1,548 Original list price: $239,000 SCM Valuation: $55,000–$75000 Tune-up cost:$6,500 Distributor caps: none Chassis #: Passenger side frame rail, in engine compartment Engine #: Front passenger side where head meets block Club: Ferrari Club of America PO Box 720597 Atlanta, GA 30358 More: www.ferrariclubofamerica.org Alternatives: 2004 Aston Martin DB9, 2003 Bentley GT, 2008 Mercedes CL63 AMG SCM Investment Grade: C Comps Chassis number: ZFFSP44C00103611 N ot since the 412's demise in 1989 had Ferrari offered a 2+2, and when the 456 GT debuted at the Paris Salon in October 1992, it was obvious that the long-awaited newcomer eclipsed all Maranello's previous four-seat Grand Tourers. Although new from stem to stern, the 456 GT in- corporated elements familiar to generations of Ferrari cognoscenti—front-mounted 4-cam V12, rear transaxle, tubular steel spaceframe chassis, and all-independent suspension—while making an appearance for the first time were electronically-controlled adaptive suspension and a 6-speed gearbox (there was also an optional automatic). Essentially a detuned version of the engine powering the 550 and 575, the new 5.5-liter V12 unleashed no less than 442 hp. Except for the F40, the 456 was the most powerful road car developed by Ferrari up to that time. For the 456, Pininfarina worked its magic once more to create a subtly beautiful curvaceous body contrasting with the hard edges of its predecessor. Aerodynamically efficient, the 456 remained stable up to its maximum of around 190 mph, a figure that made it the world's fastest production four-seater passenger car. Acclaimed on its debut, the 456's styling has not dated and is a tribute to Pininfarina's farsightedness in creating one of most successful designs of modern times. Supplied new via Maranello Sales in June 1996, this rare manual transmission example has covered only 38,000 miles from new and remains in good condition throughout. The car has been in storage, unused, for the past couple years and thus we recommend a thorough service/checkover be carried out prior to use. All handbooks are in the correct wallet, including a fully stamped service book. Ferrari 575 wheels and front disc brakes/calipers are the only notified deviations from factory specification. 30 SCM Analysis This car sold for $66,326 at Bonhams's Goodwood Festival of Speed auction on July 11, 2008. The 456 was Ferrari's attempt to make a car that was “different from the other cars in all aspects by synthesizing the performance and driving pleasure of a sports car with the comfort and space of a gran tursimo.” That was a lofty goal and one that could only be achieved by small increments of differences given the fine gran turismo offerings from the competition. Ferrari's ultimate talent is its ability to exploit small increment improvements to make a truly superior car, and in that regard the 456 is a success. The silhouette of the 456 is a masterpiece of Pininfarina design. It is a perfect balance of aggressiveness and elegance. The proportions are large enough to say, “I'm a grown man's car,” but compact enough to be sporty. It is a hallmark of highline Ferraris that every centimeter of the interior is covered in plush carpet or rich leather. The 456 ups the bar with a warm interior that's elegant, simple, and uniquely Italian. Complementing the appearance, the interior has all the fully adjustable, electronic, and automatic features you would expect to find on a luxury automobile. Breaking tires loose like a muscle car Mechanics are the heart of any Ferrari, and in this area the 456 does not disappoint. The V12's nearly 450 horsepower is impressive, but the magic is the 398 ft-lb of torque at the sweet spot of just 4,500 rpm; the 456 can break tires loose like a skinny-tired muscle car. Variableratio power steering, three-way adjustable suspension dampening, self-leveling rear ride height, and a speedactivated rear spoiler ensure the handling is up to the performance. In short, the 456 is one heck of a nice car. Ferraris are a rich man's toy, and nothing demon- 1993 Ferrari 456 GT Lot# 531, s/n ZFFSD44B000098109 Condition 1Sold at $65,906 Bonhams, Chichester, UK, 7/7/2006 SCM# 42332 Sports Car Market 1997 Ferrari 456 GTA Lot# 34, s/n ZFFWP50A0V0106629 Condition 3 Sold at $72,800 Kensington, Bridgehampton, NY, 6/8/2007 SCM# 45931 1995 Ferrari 456 GT Lot# 1800267884, s/n ZFFSP44A1S0099978 Condition 3 Sold at $52,400 eBay Motors, 1/1/2007 SCM# 43385 Bonhams

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strates the principle like a 2+2 Ferrari. Two-plus-twos are the workhorses of the Ferrari marque. They are designed to be a practical daily driver and are often used as such. Regular use translates to higher mileage, more interior wear, more exterior damage, and in general, less care. Rich new car buyers like to drive new, flawless, low-mileage cars, so after a few chips, their 2+2 gives way to a new car. Slightly less rich people also like flawless low-mile- age cars, so the natural buyer for a used 2+2 often avoids those cars with a few road scars in favor of a new something else. This leads to massive deprecation and a chance for a simply well-off enthusiast to own a wonderful car for a fraction of its original selling price. Life couldn't be better, could it? I've often told people trying to squeak into a Ferrari that if they can't afford the best example of the model they are looking at, then they really can't afford an edgy one. Expensive cars have expensive problems. Just because a car's depreciated 75% doesn't mean the repairs are 75% less. As a car depreciates, the cost of repairs stays the same and the chance of needing repairs goes up. Mike Sheehan's “miracle of depreciation,” which makes late-model Ferraris affordable, is of course balanced by the reality of maintenance. The 456 drivetrain is solid and reliable, but every- thing else is the luck of the draw. These cars are piloted by no less than 23 Electronic Control Units, which con- trol starting, stopping, turning, as well as most every other aspect of the car. These sophisticated low-production modules are unusually expensive and often under-engineered for the job. Diagnosis of electrical problems often requires a $20,000 computer that is almost exclusive to Ferrari dealers. Lucky owners get by with reasonable routine maintenance; unlucky owners see five-figure bills. Don't come whining to me Bonhams's 456 was not the kind of car you want to buy at auction, unless you've had a chance to find out more than the catalog offers. The catalog states without explanation that the car has been in storage, unused, for the past couple years. Besides the normal concerns of buying a car that has been stagnant in storage, you have to question why it was retired in the first place. This is a car that was designed for regular use. A 456 doesn't get put away for preservation or because it's become tedious to drive. They get put away because of things like the very-expensive-to-fix window problem, where the side windows no longer go up all the way and the owner gets frustrated with wind and water leaks. The catalog warns that the car should be checked over before use. In car talk that means, “Don't whine to me when you get a big bill, I warned you to have it checked out.” It's a reasonable bet that the first few miles won't come cheap for the new owner. This is an interesting car to value. The SCM Platinum database shows 2007 sales of 456 GTs from a low of $52,400 on eBay to an absurd high of $154,000 at a Monterey auction. The Bonhams car being a rare 6-speed 1996 model and an equally rare righthand-drive model in need of service adds to the confusion. This could be a difficult car to sell on the open market, but on July 11, there were at least two people who wanted it. The result was about what I would have expected for a good left-hand-drive example at a U.S. auction, and it fell in the middle of SCM's price guide range. Given the storage and service issue, I'd call this one well sold. ♦ (Introductory description courtesy of Bonhams.) October 2008 31

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Sheehan Speaks Michael Sheehan Laws of Diminishing Returns The insurance companies believe that if it's a car, it will be driven, and if driven enough, it will get into accidents I recently received an email regarding a 430 Scuderia that had hit a deer, with the damage described as “very lightly hit, the bumper is scratched and the hood is lightly dented.” Further emails stated that the owner, who was a passenger in his own car, felt the diminution in value to his 430 because of the damage should be $100,000 over and above the cost of the actual repairs, and he expected the driver's insurance to cover his extra “loss.” Two distinct schools of thought There are two distinct schools of thought on diminu- tion in value: Some owners and their always-eager lawyers are advocates of compensation, while the insurance companies are equally adamant that when they pay to repair a damaged vehicle, if those repairs are to “as-was, or better” condition, then there is no diminution in value just because the vehicle was involved in an accident. The insurance companies believe that if it's a car, it will be driven, and if driven enough, it will get into accidents. That's simply what cars, and their drivers, seem to do. As someone who owned a shop specializing in Ferrari crash repair for well over two decades, I was usually on the side of the insurance companies. Many hundreds of Ferrari repairs over that time demonstrated to me that all Ferraris left our shop in better condition than they were prior to the accident and so benefited from betterment, the direct opposite of diminution. Simply put, owners wanted their money's worth and expected their cars to come back better than pre-accident condition, even if they weren't writing the check. As a shop owner, my goal was to meet or exceed a customer's expectation. Let the litigation begin Alas, we live in a litigious society that churns out far more lawyers than it does engineers, and each new lawyer feels he has a right to a six figure income, a new BMW, and an upscale condo right out of law school. So a relatively new industry of specialized law firms has developed in America's more affluent areas. Demands for compensation above and beyond the actual cost to repair the vehicle, alleging the value of the vehicle has decreased due to its Diminished Value, are becoming more commonplace today. First we need to understand the rules of the game. While first-party claims for diminution of value (you are driving your car and you have an accident) are covered, juries are unsympathetic to diminution in damages for something you caused yourself. Third-party claims (someone hits you) are easier to prove diminution in value, which fall into three parts. The most common is Inherent Diminished Value, the position that any damaged vehicle will have some measure of inherent diminished value—a monetary loss to the vehicle owner. If you have a 599 or 430 and you are hit (hopefully by someone with good insurance), you will collect some level of diminution in value. If you're in 32 Damn the joy-riding lot attendants a “driver quality” 328 and you're hit front and rear, requiring a complete repaint, new bumpers, etc., you might have to pay betterment, a small percentage of the cost to paint the undamaged area of the car. Next up is Repair Related Diminished Value, a loss due to repairs paid for by the insurance company but repaired improperly by the shop doing the work. Unless the insurance company specifically recommended the shop and guaranteed the work, your chances of recovery are minimal, as the insurance companies usually go out of their way to let you pick the shop, making the quality of repairs your problem. Last up is Insurance Related Diminished Value, a loss in value due to the insurance company failing to pay to repair a flaw or defect listed on the repair estimate. Another very hard-to-prove position; as in almost every case, if the shop can show repairs are required, the insurance company will pay a reasonable repair fee. Insurance companies are, by definition, in the business of repairing damage at reasonable costs and have no desire to go to court, as they know from millions of claims that in most cases the only winners are the lawyers. When is it a total? The industry rule of thumb is that most insurance companies will spend up to 75% of the retail market price of a vehicle for the repairs, under the theory that the salvage value is normally around 25% of the pre-accident retail value of the car. If your car is on the edge, with close to 75% damage and you want it totaled, the insurance companies will usually cooperate. If totaled, you will usually get 100% of the retail value, plus sales tax and some percentage of registration fees. You will not get any diminution of value at a 100% settlement. As for a “loss of use” claim, is a Ferrari owner entitled to an identical car while his Ferrari is being repaired, or just a very nice car? Most insurance companies will fight like cornered rats against an owner renting or leasing another Ferrari, Lambo, etc. while repairs are being made, and they likewise fight against giving an owner a “loss of use” rate that reflects what it would cost to rent/lease an identical car. Insurance companies do this knowing that Ferrari owners almost always have other cars they use for their normal driving, and that juries often have little sympathy for someone who makes such a claim. Just as there is a small world of lawyers who specialize in diminution of value, there is also a small world of expert witnesses who go to court to defend their client's position, be it pro- or anti-diminution in value. The International Society of Automobile Appraisers has published a sliding scale for Inherent Diminished Value. It starts at 10% for cars under $10k and goes up to 40%–50% for cars over $150k, although in the end every case is a unique roll of the dice, with the owner and his lawyers betting the insurance company will blink and settle before you get to court. I don't take on diminution cases unless I feel one party is being extremely unreason- able, be it the owner or the insurance company, as my day job pays much better than sitting in a courtroom. However, having been down that road, I'm still stunned by the vagaries of the jury system, and will never forget a jury of retirees from a mobile home park who ruled against a car owner simply because they thought no one had a right to own a car that expensive! It is logical that if a car is repaired to its pre-accident condition, there should not be any diminished value, but used car buyers are often illogical. Given the choice between two identical used cars, though one is accident-repaired, most would choose the car that is accident-free. And so, if you have a 599 that suffered a $100k hit at the hands of a joy-riding parking attendant, you will almost certainly collect that $100k in diminution in value. On the other hand, if you have a 50,000-mile driver 328, you are almost certainly wasting your time. The older the car, the higher the miles, or the lower the value, the less chance for compensation. The bottom line is that be it a 599 or a 328, unless there is major damage, you are usually fighting for nuisance value money. ♦ Sports Car Market

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English Profile 1955 Jaguar XKD-type Sports Racer This is the first production D-type, out of long and dedicated ownership, unspoiled and still in its original form by Paul Hardiman Details Years produced: 1955–57 Number produced: 77 Original list price: £2,500 ($6,957) SCM Valuation: $2,000,000–$3,000,000 Tune-up cost: $1,000 Distributor cap: Uses magnetos Chassis #: Stamped into right front damper mount; plate riveted to hood paneling Engine #: Stamped in right side of block above oil filter housing Club: Jaguar Clubs of North America c/o Nelson Rath 234 Buckland Trace Louisville, KY 40245 More: www.jcna.com Alternatives: 1950–53 Jaguar C-type, 1951–53 Aston Martin DB3S, 1954 Ferrari 375 MM SCM Investment Grade: A Chassis number XKD509 X KD 509, the first “production” D off the line in 1955, has a long and interesting history. It was supplied new to New York distributor Chuck Hornburg, who sold it to Albert R. Browne of Menlo Park. At the time, its new price in the U.K. was £2,500 ($6,957). After unsuccessfully approaching Phil Hill and Carroll Shelby to drive it, Browne turned to French-born veteran Lou Brero. The car appeared at Sebring, its British Racing Green replaced with a shocking new livery of matte dark blue stripes over white, unlike anything seen on a D-type before, but intended to make the car more visible in the night sections of the 12-hour race. That ended with clutch failure after 58 laps, but later the car managed a quite extensive American racing history, including a second overall in a 150-mile race at Elkhart Lake, beaten only by Shelby in a 4.4-liter Ferrari. By 1957, Brero had acquired the D and won at Stockton. After the car suffered engine failure at Dillingham Field, Hawaii, on the weekend of April 20–21, he lost his life following a fiery accident racing a substitute Chevy V8-engined Maserati A6GCM. The D-type passed to his son Lou Brero Jr., who admitted to a hippy existence, “sometimes driving the car along the beach in the sun.” In 1974, by which time the car appeared battered and in bare aluminium, he was persuaded to sell to visiting British dealer Brian Classic of Cheshire. Despite years of neglect and poor storage, 509 was complete and mostly unspoiled, though the body had been chopped about to fit a roll hoop. Classic entrusted the rebuild to his brother-in-law, historic racer Willie Green, and recalls many happy road miles in the car, plus some club race meetings at his local Liverpool circuit, Aintree. 34 About this time Nigel Moores became interested in the car and bought it. Moores was the nephew of Sir John Moores, founder of Littlewoods Football Pools [a soccer lottery], but maker of his own fortune in electronics, forestry, and the hotel business—and highly regarded on the historic racing scene. But Moores lost his life as a passenger in a road accident in southern France in 1977, after which his cars were maintained by his longtime mechanic Paul Kelly, some being displayed in the Lakeland Motor Museum and the Jersey Motor Museum. The collection was dispersed in the late 1980s—by much of the team now working for Bonhams—but XKD509, Moores's favorite D-type, was retained for his son James. At some point during its history, maybe around the time it was in Jersey, 509's original engine 2015-9 was swapped with that from one of Moores's other Ds, chassis XKD512. It now has its original motor back, rebuilt in 2003 by marque specialist Pearson Engineering, and block and head bear the correct number, matching the chassis data plate riveted to the bonnet panelwork. Gearbox and body numbers match as well. SCM Analysis This car sold for $4,378,343 at the Bonhams Goodwood Festival of Speed in Sussex, England, on July 11, 2008. “Please do not touch,” said the notice on the Plexiglas windshield. It could hardly have made any difference if the entire Festival had pawed it. Here was a well-used, even tatty D-type, its paint chipped and its upholstery cracked, which had, in one of the familiar descriptors used by SCM's Paul Duchene, “given long and faithful service.” Though panel fit is fair, paint is cracked off around external bolt heads and just plain missing around the 1955 Jaguar XKD-type Lot# 219, s/n XKD501 Condition 2 Sold at $2,801,606 Christie's, London, UK, 10/31/1999 SCM# 7378 Sports Car Market Comps 1956 Jaguar XKD-type Lot# 521 s/n XKD553 Condition 3+ Sold at $2,097,000 B&B, Carmel, CA, 8/18/ 2006 SCM# 42614 1955 Jaguar XKD-type Lot# 28, s/n XKD529 Condition 3+ Sold at $1,815,000 Gooding, Pebble Beach, CA, 8/21/2005 SCM# 38901 Photos: Bonhams

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cockpit edges, and the car wears a later safety cut-off and untidy wiring on the otherwise original dash. However untouched it looked, it had been rebuilt from quite a sorry state in the mid-'70s. Mechanically, it appears completely up to snuff. An enviable record The D-type Jaguar was the spiritual, stylistic, and structural ancestor of the E-type, with its monocoque center section and engine nestled up front in a tubular frame. And aside from being one of the most gorgeous shapes ever to thunder down the Mulsanne Straight, the enviable record of these cars at Le Mans and elsewhere, against relentless competition, resulted in the D-type becoming one of the most formidable and successful factory-built sports racers in the history of motorsport. Of course this one never went anywhere near La Sarthe, being instead consigned to a life of modest races in the U.S. and even lesser ones in the U.K. But it is no less gorgeous. What makes this car significant is that it was the first production D-type, out of long and dedicated ownership, and it is unspoiled, still in its original form, if not quite in body detail and color. When Green got the car, for example, extra driving lights and front cooling vents had been added, presumably in the U.S. The lights have gone but the vents remain. Nigel Moores had owned and cherished several D- types, but after his death in a road accident in the late 1970s, this is the one his son James kept. So it's been in the ownership essentially of two families for nearly all its life, lessening the chance of mysterious and indiscriminate “freshen-ups” between dealers that can ruin a car's originality and therefore its intrinsic value. Yet it wasn't overly expensive. Tipped to reach up to $5 million, bidding in the packed marquee stalled at $3.9 million and stumbled for the last $100,000—not quite the “frenzied bidding” reported on various web sites after Seat Time Archie Urciuoli, Casey Key, FL: I owned and raced a short-nose D-type Jaguar for several years back in the 1980s. Most SCMers know the sleek, brutal shape of these cars on sight, but it's hard to translate the sheer charisma and thrill of their power, handling, and sound unless you've driven one in anger. Once you have, there is no doubt left as to why this '50s brainchild of Malcolm Sayer and Norman Dewis won Le Mans and so many other important races, both in the day and decades later in historic racing. Sadly, the price escalation of recent years has caused the disappearance of many D-types from the track, but a few stalwarts still exercise them in their proper venue. ♦ the fact. With premiums, the figure totted up to $4,378,343, a claimed world record for any Jaguar at auction, and Bonhams says the car went to a British buyer and will stay in the U.K. A couple of other Dtypes have sold discreetly and privately in recent months for more than this one cost, and industry specialists reckon it was well bought at the price. D-types were never cheap Few other D-types have sold publicly in the past decade; Bonhams & Butterfields sold XKD553, another ex-Sebring 12-Hour car, at Carmel in 2006 for $2,097,000. In 1999 in London, Christie's sold XKD501, the '56 Le Mans winner, for $2,801,606. You could crunch the numbers any time back to when Ds were new and cost a then-exorbitant $6,957, about the price of a decent house. It's worth a quick market comparison with the D's ancestor, the C-type, which is not as competitive or sexy or desirable— but it is actually a nicer driver, for what it's worth, Mille Miglia fans. And rarer, with 53 made against the D-type's 77. Yet Cs appear to be a relative bargain for a car using much of the same hardware, at about $2 million apiece. This car is an heirloom, and it is understood that the new owner bought it for its patina. Making it raceworthy would swallow an unknown quantity of money, between $20,000 and $100,000, depending on what was needed. Cosmetically restoring it is easier to quantify and would cost in the region of $200,000, interestingly putting the net cost of the car nearer to where it had been expected to sell. You could argue against losing that patina, but all of its proper history was acquired before it was first restored 30-odd years ago. I'd say this car warrants putting back to factory fresh (not concours) at whatever the expense, so the owner can sit tight and watch its value continue to climb as one of the last “original” Ds. He may choose to give it outings on high-profile events such as the Mille Miglia rather than actually race it, and no one would complain. For a car with no significant history, this price was fair enough. Had it been a Le Mans winner like 501, then you could have added at least $1 million to its price. ♦ (Introductory description courtesy of Bonhams.) Taylor's XKD515 Jim Taylor, Gloversville, NY: I've owned XKD515 for four years. It is an awesome automobile, plain and simple. I have done several rallies with it and have just enjoyed the experience immensely. Simply driving one informs you as to why they were at the top of the sports car realm in the 1950s. Urciuoli at speed October 2008 35

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English Patient Gary Anderson Triumphs of the Will As Triumph TR prices lag behind Austin-Healeys, determined, well-advised collectors can find bargains T he big news in British cars over the past ten years has been the rapid rise in prices for AustinHealeys—from $25,000 to $75,000 for very nice cars, with a few magnificent ones bringing $100,000 plus. By contrast, Triumphs—which offer much the same highway performance and creature comforts—couldn't break out of the $7,500 to $15,000 range. Until this year. In the past twelve months, most of the Triumph sales at auction have been in the $20,000 to $35,000 range. Could it be, now that Austin-Healeys are no longer “affordable collector cars,” that Triumph prices are going to be sucked up by the vacuum created in the $25,000 to $50,000 range? Maybe it's time to take a fresh look at the marque. To start with, we'll narrow our focus. The Triumph marque can be divided conveniently into four groups, three of which are not yet newsworthy. First, there were the various models produced before 1952, as well as the sedan versions that also carried the Triumph badge, none of which are ever likely to be considered particularly collectible. For convenience, we can include the Triumph Stag in this grouping, since indifferent quality and maintenance issues have placed it in a niche all its own. Within the sports car range, there are the 361,000 Spitfires and GT6s, produced from 1962 through 1980, but rarely selling for more than $10,000. There are also 112,000 wedge-shaped TR7s that are selling today at near-throwaway prices, which some people say is about right. Their look-alike TR8 siblings, with Rover V8 engines, may be the best hidden bargain in the Triumph lineup. But with only 2,500 produced, they're an insignificant factor in the market. Earlier TRs show healthy price increases So we'll focus on the TR2 through TR6, which were made in significant numbers and have shown recent healthy price increases. Produced between 1953 and 1976, nearly 250,000 of these slab-sided roadsters left the Triumph factory near Coventry. To put this number into perspective, only about 75,000 big Healeys were ever produced, starting at the same time but ending in 1968. Nevertheless, there's a valid comparison with the Austin-Healey. First, both the Triumph TR and the Healey 100 were introduced at London's Earls Court Motor Show in October 1952. Second, like the Healeys, the Triumph engines, brakes, and suspensions make them perfectly practical for use in modern traffic, so they can actually be driven—by someone with a modicum of mechanic skills, of course. So if the Triumphs come from the same place and period, and offer roadgoing performance comparable to the Healeys, why were their prices stagnant while the Healey prices were going up? 36 1959 TR3 There are probably some who would argue that the Healey is better looking than the TR; I'm a Healey owner because I personally feel that way, but it's certainly a matter of personal preference. Quality of materials, engineering not as good More likely is the point made by a friend of mine who has restored examples of both marques. In his view, the quality of the materials used was not as good on the Triumphs as on the Healeys. For example, he offered, the grilles on the “wide-mouth” Triumphs were a very light metal stamping, compared to the multi-part aluminum and stainless grilles of the Healeys. There were also more instances of cost-cutting in Triumph's engineering, which makes the marque more vulnerable to poor maintenance. An example is the use of a single retaining pin holding the clutch throw-out fork in position on its pivoting shaft, which can break easily, making the clutch inoperative, not to mention very expensive to replace. However, on the positive side, with so many more cars produced, it is reasonably easy to find a good example to buy. There is a deep range of quality replacement parts available, up to and including complete body panels and chassis, so keeping a Triumph on the road or doing a complete restoration isn't difficult. Equally important to the hobbyist, so many cars produced translates into two active Triumph Clubs national clubs and a broad network of local clubs in North America, with comparable clubs in other parts of the world. Prospective owners of Triumphs won't lack for companionship, advice, and an active social calendar built around Triumph events. Vintage Triumph Register PO Box 655 Howell, MI 48844-0655 www.vtr.org Triumph Register of America (For TR2 through TR4A) 28342 Lake Logan Road Logan, OH 43138 www.triumphregister.com Three groups of TRs to choose from In considering which TR to own, we can divide the TRs into three groups, based on body style and creature comforts. First, there are the TR2, TR3, and TR3A, produced between 1953 and 1961, which are all 4-cylinder roadsters with sweeping front fenders and cut-down doors, offering all the joys and sorrows of classic British motoring at its rorty best and cold, wet worst. Second, there are the TR4, TR4A, and TR250/TR5, which are all straight-sided convertibles with real roll-up windows and reasonably good soft and hard tops, produced between 1961 and 1964. The TR4 Sports Car Market

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and independent-suspension TR4A used the same fourcylinder engine as the TR3s, while the TR250 was a feeble 6-cylinder model produced for North American markets that didn't get the fuel-injected TR5. Finally, there is the TR6, which has the TR5's 6-cylin- der engine offering more power, wrapped in an evolutionary and attractive version of the TR4 body. Choosing among the three model groupings is largely a matter of personal preference, at least for the time being, since the condition of the individual car largely outweighs any value differences among models. Longer-term, we can guess that the low-door TR2s and 3s will show the greatest appreciation, due primarily to their relative rarity and distinctive styling. These differences in value are already showing up in the standard appraisal guides. The TR6s are probably the most practical, since they can be improved to be fast, comfortable, long-distance touring cars. Karmann's quickie TR4 redesign (nose and tail only, with doors the same) has already proven to have long-term appeal. But since there were nearly 100,000 TR6s produced, they aren't likely to appreciate as quickly as the early TRs. In the middle are the TR4 through TR250, solid, prac- tical performers with slightly quirky styling that are fun to own and drive, but neither fast enough nor rare enough to increase in value as quickly as their younger or older siblings. Regardless of the model that speaks to you, keep in mind that all TRs have many places where rust can rot the car to pieces. With so many built, there isn't enough money in the market to pay for a first-class restoration without going underwater on the project. Consequently, for someone poking his toe in the Triumph market for the first time, the best advice is to get good advice. Find an expert in one of the Triumph clubs to help you sort out the good from the bad. It's best to find a car restored a few years ago to high standards that no longer fits a family's circumstances. Choose that over an unrestored original that's been tucked away in a garage for many years waiting for the day “when it would be worth real money.” If your candidate simply needs some cosmetic upgrades and a good detailing to regain its pride of place at the club show, that's fine. However, if the example for sale has never been repainted and is desperately in need of it—the surfaces are too far gone for it to be a survivor, or, just as bad, it sports a recent coat of paint with no evidence of down-to-metal body work—walk away. The potential cost of body work can bankrupt you or reduce you to suicidal thoughts, due to rust damage inside fender wells or behind the outer skin of the rocker panels. In extreme cases, the car can be unrestorable. Mechanical work, on the other hand, is straightforward and within the range of 1968 TR250 any capable mechanic with garage space and tools. Bottom line, if you're lucky enough already to own a good example of this marque, make sure the agreedvalue of your insurance is up to date, keep your car in good working order, and seriously consider doing that rust repair job or interior replacement you've been putting off. If you're just coming into the classic car hobby or are looking for an addition to your collection and are interested in a car that can be used and enjoyed now while still having the potential for price appreciation, now is the time to be looking at a Triumph TR2 to TR6. If you buy carefully, you'll be very happy with your choice for years. ♦ Model TR2 TR3 TR3A TR3B TR4 TR4A TR250 TR6 TR7 TR8 Years 53–55 55–57 57–61 62–63 61–64 64–68 68 69–74 (coupe & convertible) 80–81 (coupe & convertible) Spitfire GT6 62–80 67–74 1972 TR6 October 2008 37 The TR Price Range Number 8,628 13,378 58,236 3,331 40,253 28,465 8,484 94,619 (both small and large bumpers) 76–81 112,368 2,497 320,000 40,900 1961 TR4 SCM Price Rance $23,000–$35,000 $21,000–$32,000 $19,000–$32,000 $21,000–$35,000 $15,000–$25,000 $8,000–$25,000 $18,000–$25,000 $15,000–$25,000 $4,000–$6,500 $5,000–$12,000 $5,000–$8,500 $6,000–$9,000

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Etceterini & Friends Profile 1969 DeTomaso Mangusta As with many fast mid-engined cars few have actually driven, the Mangusta has a reputation for biting the hand that drives it by Donald Osborne Details Years produced: 1969–70 Number produced: 401 Original list price: $11,500 SCM Valuation: $55,000–$100,000 Tune-up cost: $425 Distributor caps: $30 Chassis #: Stamping on frame member at right rear engine compartment; data tag on front compartment bulkhead Engine #: Intake side of block Club: Mangusta International More: www.mangustainternational.com Alternatives: 1967 Iso Grifo GL, 1969 Corvette 427, 1970 Monteverdi Hai 450SS SCM Investment Grade: B Comps Chassis number: 8MA656 A lejandro DeTomaso began racing in his native Argentina in 1951 before moving to Italy, where he drove for Maserati and OSCA. DeTomaso's racing experience in- spired him to form his own company—DeTomaso Automobili—in Modena, Italy, in 1959, with the fledgling firm building cars for Formula Junior, Formula 3, Formula 2 and Formula 1. DeTomaso's first road car, the Vallelunga, appeared in 1965. A pretty mid-engined coupe powered by a 1.5-liter Ford 4-cylinder engine, it was built in small numbers and was not a commercial success, but did contribute its short wheelbase and backbone chassis (extensively re-engineered) to the Mangusta. It was the latter's arrival in 1967 that established DeTomaso as a serious automobile manufacturer. One of the very first supercars, the Mangusta (mongoose—one of the few animals feared by the cobra…) was powered by a mid-mounted 289-ci Ford V8 (302 ci for the U.S.) driving via a ZF 5-speed transaxle. Ghia's Giorgetto Giugiaro contributed the striking coachwork with gullwing engine covers, which was riginally intended for Giotto Bizzarrini. With around 300 hp on tap, the aerodynamic Mangusta was good for a top speed in the region of 155 mph. All-round disc brakes helped restrain this outstand- ing performance. DeTomaso enjoyed close links with the Ford Motor Company at this time, and the American firm helped put the Mangusta into larger-scale production than would otherwise have been possible. 38 Approximately 400 examples were made between 1967 and 1972. Delivered new to DeTomaso's Belgian importer and well-known endurance racer Claude Dubois in 1969, this Mangusta remained in Europe and was first registered in the U.K. on October 1, 1994. It has been maintained by Italian car specialists Bill McGrath Ltd. since coming into Alexander Fyshe's care in May 1995. Since then the Mangusta has been used mainly for long-distance trips on the Continent, particularly to Scandinavia, France, Germany, and Italy, where it successfully completed the 2003 Modena Cento Ore event. The car has also been shown at the Hurlingham Club and Parc de Bagatelle Concours d'Elegance and took first in class at the 1998 Cartier Style et Luxe Concours at Goodwood. This very collectible DeTomaso is finished in black with matching interior. The odometer reading of 58,000 km is believed to be genuine. SCM Analysis This car sold for $99,241 at the Bonhams Goodwood Festival of Speed sale held July 11, 2008. Alejandro DeTomaso is best known for the Pantera, one of the most successful Italo-American GTs, and for creating endless variations of the Biturbo, a car which both saved and almost again destroyed Maserati. Opinions of him are polarizing, but there is no doubt he was both a very creative car guy and an extraordinarily ambitious businessman. His first product for the road, the ultra-rare Vallelunga, was light, fast, 1973 DeTomaso Montella Concept Lot# 271, s/n THPNNG06114 Condition 3 Sold at $99,000 RM, Monterey, CA, 7/17/2007 SCM# 46425 1971 DeTomaso Pantera Lot# F70, s/n THPNLY01784 Condition 2Sold at $34,650 Mecum, Kissimmee, FL, 1/24/2008 SCM# 48817 1969 DeTomaso Mangusta Lot# 142, s/n 8MA712 Condition 1 Sold at $41,580 Russo & Steele, Monterey, CA, 8/16/2003 SCM# 36173 Sports Car Market Photos: Bonhams

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and well-balanced, as might be expected of a road car created by a racer. It is acknowledged to be the second “production” mid-engined car and featured simple, clean styling, with a large rear window covering the open engine compartment. That, and thin roof pillars, gave it exceptional visibility for a mid-engined car. The layout also delivered noise, vibration, and harshness into the interior in a fairly spectacular fashion. Light years ahead DeTomaso realized that his concept needed a bit more refinement to play in the big leagues, and the result was the Mangusta. It was light years ahead of the Vallelunga, with a well-equipped leatherlined interior and actual soundproofing. The Ford 289 V8 provided far more punch than the 1.5-liter four, and it was clothed in a sleek, almost menacing body designed by the young Giugiaro. Sitting still it has a dramatic, muscular, powerful stance. The distinctive centerhinged rear deck also had the benefit of adding structural strength, although it did come at the expense of visibility. As is the case with many fast mid-engined cars few have actually driven, such as the Lancia Stratos, the Mangusta has a fearsome reputation for biting the hand that drives it. All powerful cars with the engine behind your ears have to be treated with care, and the ultimate in performance can only really be extracted by an experienced driver. The reported 32/68% weight distribution means, as one owner told me, “If you make a commitment, you'd better stick with it.” That being said, the Mangusta is no more difficult in that regard than any other such car, and the things that concerned buyers of the car when new, such as the low ground clearance, haphazard ergonomics, and limited rear visibility, are much less of an issue for the owner of a collector vehicle. Be sure to see if you fit in it first Many current owners have fitted skid plates to pro- tect the transmission bell housing, as was done on a few cars when new. The positioning of the front wheelwells and design of the greenhouse can make the driving position a bit challenging for some; as is the case with an Alfa Romeo Sprint Speciale, if you want a Mangusta, first be sure to see if you fit. This Mangusta appears to be quite the best of both worlds, with a high-level cosmetic restoration in a very attractive black over black, and it apparently runs as well as it looks, with a successful Modena Cento Ore event as well as much long-distance touring in its recent past. As popular opinion comes to embrace cars with a mixed parentage such as these DeTomasos, they have become more appreciated and more valuable. Although the same number of Iso Grifos were made as Mangustas, it's fair to say their survival rate has not been nearly as great. With the striking rise in the prices of the Grifo, the rarer Mangusta should be worth far more than it has been. A well-known U.S. dealer recently sold what was de- scribed as a good-running but cosmetically challenged Mangusta. It showed 14k miles on the clock and sold in the $50,000 range. Given the reported condition of this Bonhams example, it would seem to be priced exactly where one would expect it to be. If you consider the Mangusta to be sort of a Cobra in a designer frock, they have great appeal. Mangustas have ample performance on tap, a now-classic mid1960s design by one of the masters, and they are rarely seen. I would not expect them to continue to sell at the considerable discount to an Iso Grifo as is the case currently. In a short time, this sale may be considered quite a bargain. ♦ (Introductory description courtesy of Bonhams.) October 2008 39

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German Profile 2005 Mercedes-Benz SLR McLaren Coupe At about $10,000 below the auction company's low estimate and a titanic $145,000 below the 2005 list price, those 4,500 miles were dear indeed by Rob Sass Details Years produced: 2003–present Number produced: 3,000, approx. (roadster still in production) Original list price: $495,000 (2007) Tune-up cost: Substantial (it is doubtful that any have yet accumulated sufficient mileage to require one) SCM Valuation: $300,000–$350,000 Chassis #: Driver's side dash at windshield Club: Mercedes-Benz Club of America, 1907 Lelaray Street Colorado Springs, CO 80909 More: www.mbca.org Alternatives: 2007 Fisker Tramonto, 2008 Lamborghini Murciélago, 2004–06 Porsche Carrera GT SCM Investment Grade: F Comps 2005 Mercedes-Benz SLR McLaren Lot# 166, s/n WDD1993761M000029 Condition 1 Sold at $407,700 Chassis number: WDD1993761M000629 T he Mercedes-Benz SLR McLaren revives the glorious tradition of the 300SLR and marks the reawakening of Mercedes-Benz's passion for super sports cars. It is a passion that can be traced throughout automotive history and which was demonstrated with the Uhlenhaut Coupe. A contemporary interpretation of stylistic elements lifted from the original SLR and design details taken from the 2003 Formula One Silver Arrows allows the 21st Century SLR to form a bridge between the past and the future, bringing cutting-edge motorsport technology to the road, just as the inspirational SLR coupe did in 1955. Its new supercar allows Mercedes-Benz and its Formula One partner McLaren to showcase their collective experience in the development, construction and production of high-performance sports cars, and just like its legendary 300SLR predecessor, it incorporates technological developments that are ahead of their time. Yet the term “supercar” does not do full justice to the SLR, which, its peerless performance notwithstanding, is a luxurious and finely engineered Gran Turismo in the best traditions of Mercedes- Benz. Needless to say, the Mercedes-Benz SLR deliv- ers performance figures that are among the best in its class, taking just 3.8 seconds to sprint from 0 to 100 kph 40 (62 mph); it passes the 200 kph (125 mph) mark after 10.6 seconds and from a standing start takes just 28.8 seconds to reach 300 kph (186 mph). The two-seater has a top speed of 334 kph (207 mph). The Mercedes-Benz SLR McLaren was launched in South Africa and introduced for the 2005 model year priced at $455,000, although choosing from the lengthy list of options could add considerably to the total. This left-hand-drive SLR was sold new in 2005 to the current owner. Finished in black, it features the optional “turbine” spoked wheels and classic “300SL” red leather upholstery. Always kept garaged in Sussex, the car has not been used for over two years and has covered a mere 4,500 miles from new. SCM Analysis This car sold for $309,258 at the Bonhams Goodwood Festival of Speed auction on July 11, 2008. Mercedes-Benz and the auction company made great hay out that the fact that the inspiration for the SLR was none other than the W196 Uhlenhaut coupe, perhaps one of the most beautiful and charismatic sports racers of the 1950s. In reality, the SLR has none of the grace of that car. Instead, it comes off as a late-model SL with a glandular problem and contrived doors. When new, it was billed 2005 Mercedes-Benz SLR McLaren Lot# 4596334461, s/n WDDAJ76F15M000424 Condition 1 Sold at $395,000 eBay Motors, 12/1/2005 SCM# 40000 Sports Car Market 2005 Mercedes-Benz SLR McLaren Lot# X0025, s/n WDDAJ76F7M000915 Condition 1 Sold at $320,000 Motleys, Richmond, VA, 3/20/2007 SCM# 44730 Bonhams, Monte Carlo, MCO, 5/21/2007 SCM# 45741 Photos: Bonhams

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as “the fastest automatic transmission car in the world.” Still, the SLR is an impressive showcase of technology that highlights the prodigious abilities of the McLaren group, which is 40% owned by Mercedes-Benz. With 616 hp, their quoted performance figures are totally credible (in fact, the BBC television program “Top Gear” bettered the factory claims). Able to run with all of the usual automotive overkill suspects except the Bugatti Veyron, it's difficult to imagine that this isn't enough swagger for anyone. However, it appears this SLR was just a passing fancy for owner #1, who put 4,500 miles on the car before putting his new toy away two years ago. And while cosmetically, the car was reported to be in excellent order, one has to wonder what effects the two-year storage had on it and how carefully it was stored. Knowing that the half-life of modern gasoline is shorter than the attention span of an ADHD third-grader, and knowing that the injection system probably has components in it that cost as much as a new C-Class may have put some potential bidders off. At least the carbon fiber brake rotors didn't rust during the car's prolonged layup. At about $10,000 below the auction company's low estimate and a titanic $145,000 below the 2005 list price, those 4,500 miles were dear indeed. It all goes to illustrate the folly of short-term ownership of a modern supercar. Publisher Martin and SCM have stressed time and time again in these pages the fallacy of “instant collectibility.” Nearly every new supercar has its day in the sun until the next “must have” supercar/fashion accessory comes out. At which point the former flavor of the month begins the inevitable resale power dive. Only the McLaren F1 breaks the rule About the only exception that comes to mind is another product of McLaren's cre- ativity, the McLaren F1. Alone among recent supercars, the F1 was an uncompromising, weapons-grade sports car. And with a 6-speed conventional manual transmission only, it would never become a fashion accessory adopted by poseurs and professional athletes. The fact that it is still the fastest naturally aspirated car on the planet, and that just over 60 street cars were built, assures that you will likely never see a disappointing auction result for an F1. But in the case of the SLR, it will be a long time, if ever, before it is worth anywhere near its original list price. With over 3,000 copies planned, the SLR is anything but rare. I'd say well sold, despite the beating. ♦ (Introductory description courtesy of Bonhams.) October 2008 41

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Porsche Gespräch Jim Schrager Fast Times at Collector High The market has doubled and in some cases doubled again, and when this happens, a readjustment is on the way Y ou can see it in the classified ads: This is a wild time. I can remember issues of Hemmings that Porsche Gespräch / Jim Schrager didn't have a single 356 Speedster for sale, yet today, several appear. I have never seen so many Carrera RS and open 356 cars for sale in the European press. Sale records are frequently set with each new auction report. Recently, I was able to buy a few cars out of longterm collections that I'd had my eye on for years (a Carrera RS, a 356B Roadster, and a 356 Pre-A Speedster, each among the hottest Porsche merchandise); cars you'd never imagine wealthy and knowledgeable collectors would part with. But they figure they've had their fun, and it's time to turn their cars into money. We have loads of cars changing hands, yet I get more email and phone calls from Carrera RS, a hot commodity dejected buyers than ever before. Who benefits from this type of market? Do you have the credentials to wade into the firefight or should you wait for things to quiet down? The two types of unhappy buyers I hear from are on opposite sides of the expe- rience gradient. Newbies, primed and ready to buy their first vintage Porsche, are frightened by prices and worried about the detrimental effect their lack of knowledge may cause. They should be. On the other hand, experienced players used to finding cars cheap complain that it's too hard to do today. They are right. It takes guts and knowledge to buy today Buying cars in today's wild market takes guts and knowledge. The market has doubled and in some cases doubled again, and history tells us that when this happens, a readjustment—and occasionally a severe one—is on the way. My favorite personal story to drive this home revolves around an absolutely gor- geous Ferrari 275 GTB short nose in Fly Yellow with black leather. It was mid-1989, I was flush from an initial public offering we engineered in Tokyo, and I wanted something tangible to enjoy for my years of trans-Pacific travel and travail. The car was at a local (San Francisco Bay area) exotic car dealer. I would visit regularly and just stand there and stare at it, without moving a muscle, and let it take me away to another world. The dealer was one of the best independent vintage car shops around. He knew great cars, and this was one of them. The price had moved in the last few years from about $150,000 to $650,000 and was “on its way to a million.” I had no reason to doubt that. Although the idea of ever-increasing value for the 275 GTB was a pleasant one, that was not my motivation. The last thing I wanted to do was to think about selling. To me, this wasn't just a car, it was a symbol of accomplishment—Ferrari's as well as my own—and proof to the world (and to myself) that I had arrived, right along with the Ferrari. Why would I want to part with my success totem? The thought never entered my head of the money I would make, because you can only make money with a car (or a house, or a painting) if you sell it. How much could it matter if the Japanese stopped buying? Rather, I was concerned with other possibilities. I had no particular foresight of the crash in the Japanese stock market that would hit in early 1990, nor the way that faraway changes in fortune would impose such chaos on collector cars worlds away. The Japanese weren't the only people buying vintage cars; how much could it matter if they stopped? I did know that other “bubbles” causing large run-ups in prices were caused by easy 42 access to capital. The Japanese had the ability to borrow at very low interest rates, and when that stopped, so did their purchases. As leaders of the market, when they stopped buying, the market changed drastically. Within a few years into the early 1990s, I could have bought all the 275 GTBs I wanted for $150,000. It has taken about 15 years for the 275 GTB market to retrace its steps to the level of 1989, so in a simple way, you can reason that the patient car investor can always recover. But a closer look skewers that analysis. Put $650,000 in bonds instead of the GTB and manage a return of about 6%, and you'll have about $1.5 million 15 years later. Had I bought the GTB, I would have been seriously negative in real value for all of the 15 years. But the critical question isn't price; it's one of liquidity. Would I have kept my GTB long enough? How long can you live with tangible proof of a mistake of such grand proportions before you want it permanently removed from your life? Yet once you do that, all hope of regaining lost ground drives out the door with it. Although the original idea of the 275 GTB had nothing to do with making money, losing 75% of the value—for 15 years—tends to take away the fun. Tough time to buy, great time to sell This is a tough time to buy a vintage Porsche, but it is an easy and wonderful time to sell one. The winners in this market are those folks who—like the long-term collectors who sold me the Roadster, Speedster, and Carrera RS—want to take some chips off the table. Dealers are also winners in a market like this. If you can't make a great living in these times, you need to turn in your dealer's license and find something else to do. The market is the market. You can ignore it, but you can't fight it. So if these prices don't appeal to you, don't feel that everyone else is crazy and all these prices are lunacy. Just sit this one out and wait for better days. I'm not the only one who can feel it, and that's why we have so many cars streaming onto the market. Word is out, cars are hot, and even owners located in the most obscure and isolated locations have heard the siren call. Yet opportunity awaits the buyer willing to risk that even when paying today's record prices, a still higher price awaits. How long will this powerful upswing in prices con- tinue? That is the great question, and a careful reading of history reveals the answer: One rarely knows. My closing advice? Never gamble with more than you can afford to lose. And don't be greedy—you don't want to be the one holding the parcel when the music stops. ♦ Sports Car Market

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American Profile 1953 Chrisman Bonneville Coupe While this car was created to race, it combines a high level of technical competence in construction with the highest standard of finish by Jay Fitzhugh Details Year produced: 1953 Number produced: 1 Original list price: n/a SCM Valuation: $660,000 Tune-up cost: $500–$1,000 Magneto: $85 approx. Chassis #: n/a Engine #: Block top at front Club: Southern California Timing Association More: www.scta-bni.org Alternatives: So-Cal Coupe, Pierson Brothers Coupe SCM Investment Grade: A Comps H ot rodders Art and Lloyd Chrisman were early and successful pioneers of drag racing with their famous #25 dragster, which was the first to achieve trap speeds of 140 mph and 180 mph in the quarter-mile. Early experience gained on the dry lakebeds of Southern California in a 140 mph 1934 Ford coupe led to the 1930 Ford-based car offered here, which set records in three divisions of the Competition Coupe class at Bonneville. Hailed as “The Most Fantastic Coupe” on the cover of the February 1954 issue of Hot Rod magazine, Art and Lloyd Chrisman's Model A Competition Coupe featured innovative design and construction. It was purpose-built for top-speed competition on the Bonneville Salt Flats, across several Southern California Timing Association (SCTA) divisions. While outwardly resembling a radically chopped 1930 Ford Model A Coupe, the Chrisman brothers placed the engine, transmission, and rear end assembly in the midrear position as a single modular unit, allowing quick and easy removal and replacement. The straight front axle and leaf-spring suspension were liberated from a 1938 Ford, while the rear axle housing was bolted directly to the frame. The 1940 Ford rear end featured a Halibrand “quick change,” which allowed a multitude of final-drive ratios. Drum brakes were included only on the rear wheels. The body was drastically altered to provide a smaller frontal area, thereby decreasing aerodynamic drag. A 1940 Ford sedan provided the steel roof and the steep windshield was achieved by grafting the cowl and A-pillar from a 1935 Ford. The unique, streamlined nose cone 44 resulted from two hoods being combined, one on top of the other. The coupe was first campaigned during the 1953 Bonneville Speed Week; the team came with three heavily modified Ford flathead engines and made a one-way run of 163.63 mph. The Chrisman brothers returned in 1954, armed with new Chrysler Hemi engines. A 243-ci Dodge engine was reserved for Class B competition, while a 276-ci DeSoto engine was reserved for Class C. The brothers broke both records, reaching 180.87 mph in Class B and 180.08 mph in Class C. Returning in 1955 with a larger 331-ci Chrysler engine for a new attempt at the Class D record, Art Chrisman qualified the coupe at over 190 mph, with a 5% dose of nitro, and set the record at 196 mph. Hoping to reach the coveted 200 mph mark, the brothers contemplated an increase to 20% nitro; however, their friend John Donaldson died at the wheel of the Reed Brothers “belly tank racer,” and the Chrismans retired to refocus on drag racing. The coupe was bought by George Barris, the “King of the Kustomizers,” in the early 1960s and traveled the auto show circuit for a number of years until Art Chrisman was hired to return the car to its record-setting glory. Joe MacPherson purchased the coupe in 1995 and placed it on display at Joe's Garage, where it has remained ever since. SCM Analysis This car sold for $660,000 at RM's sale of the MacPherson Collection at Joe's Garage in Tustin, California, on June 14, 2008. The Bonneville Salt Flats became an annually sanctioned racing venue by the Southern California Timing 1932 Ford Hi-Boy Khougaz Lot# 241, s/n 1815543 Condition 1Sold at $385,000 RM, Monterey, CA, 8/17/2007 SCM# 46256 1934 Ford Model 40 Speedster Lot# 252, s/n FLA15512 Condition 4+ Sold at $1,760,000 RM, Amelia Island, FL, 3/8/2008 SCM# 116083 1951 Tom Beatty Belly Tank Lakester Lot 28, s/n n/a Condition 4 Sold at $440,000 Gooding, Pebble Beach, CA, 8/18/2007 SCM# 46531 Sports Car Market RM Auctions

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Association (SCTA) in 1949. The Chrisman coupe first appeared on the salt in 1953, at a time when a number of undercurrent themes were swirling beneath amateur sanctioned racing. There was an intense rivalry between organized clubs. A scoring point system ac- crued both individually, and also by club affiliation, and annual standings dictated entry numbers the following year. Historically, only open cars had been allowed to compete in SCTA sanctioned events before and after the war, which spawned alternative racing clubs and associations for the “lowly” coupe or sedan racer—most notably the Russetta Timing Association. Disbelief that a coupe could outperform a roadster As records were being set and reported in the emerging media now covering the various sanctioned races (Hot Rod magazine being the most prominent starting in 1948), there was disbelief from many that a coupe could provide a challenge to, let alone outperform, a roadster. This added to the emotional intensity when coupes were invited to participate at SCTA events, such as the earliest Bonneville events starting in 1949. Ironically, the Competition Coupe image, with radically chopped roof, sloped windshield, and mail-slot side and rear windows, now embodies the sport. Aside from club affiliation and open versus closed car rivalries, another element in the timing of the Chrisman coupe is that it straddled the fence as engine technology was evolving. It first attempted to earn its stripes with L-head flathead Fords emerging during the last production year of Henry's beloved flathead V8. But change was in the wind, as the Flatheads Forever camp was being forced to re-evaluate. The magazines pronounced the shift “Flatheads Battle Rocker-Arms for All Out Supremacy.” In 1953, the Chrismans raced not only with very large displacement flathead Ford motors running Sharp equipment, but also with a Ford utilizing an overhead-valve conversion that provided a hemispherical combustion chamber. This was the Ardun flathead Ford conversion that had migrated from New York to England for the Allard sports and racing cars. Results speak for themselves, as the Ardun-equipped Ford captured the Class B record (class lettering related to engine displacement size). For the following two years, the coupe appeared with an array of Mopar Hemi motors, competing in B, C, and D Classes, and it was successful in gaining a record in each year. The placement of the car within the evolving years of the sport, as well as records in three successive years, provide an interesting backdrop to the Chrisman coupe and its value. The immediately distinguishable look of the car, however, coupled with its Hot Rod magazine cover feature, solidify its place at this crossroads in land speed racing. Dramatic change from the 1933–34 coupe Much of this unique look is based upon the Chrisman deviation from the more-often- used 1933–34 Ford coupe as the platform for a competition coupe racer. The dramatic lean of the A-pillar was done to satisfy rules that specified windshield height, but not angle. The Model A body was both smaller and squarer than the later Ford. Forward streamlining utilized two 1940 Ford Deluxe hoods, a simple but effective alternative to an aluminum hand-crafted nose section used by most. Appearance was a large aspect of the competitive posture between clubs and even within the ranks of club members. And while this was a car created to race, aside from the high level of technical competence in construction, it also exhibited the highest standard of finish. In 2001, Pebble Beach invited rac- ing coupes to the lawn. The Chrisman coupe was an invited guest and took third, behind the So-Cal and Pierson Brothers coupes, which are both the more commonly used 1933–34 Fords. The short three-year racing history of the Chrisman car possibly hurt its Pebble Beach presentation, as the October 2008 45 class-award winners boasted decades of racing and records under multiple owners. George Barris Hollywood makeover There is also a show pony side to this thoroughbred that cannot be ignored. TV viewers old enough to remember “The Many Loves of Dobie Gillis” may recognize the Chrisman coupe as the flashy XMSC-210 from this popular TV series. George Barris bought the coupe from the Chrismans in the late 1950s and gave it a typical Hollywood makeover, which included shiny pearl paint and trim, a chromed engine, gullwing upper doors (to facilitate filming) along with oversized wheel pontoons that trailed the thin-spoked front wheels. While all relationship to the glitzy screen and car show parade vehicle has been removed, this is one of only a handful of hot rods to make a primetime appearance appealing to the youth of the day. That has to be a factor in the value. Collectors and museums are also chasing authentic land speed racing cars. This is the fourth land speed racing vehicle I am aware of that has changed hands over the last few years. After the win at Pebble Beach in 2001, the So-Cal coupe was privately sold. While the price is unpublished, it is believed to have exceeded $250,000. Last year, the unrestored Tom Beatty Belly Tank Lakester (built from a WWII aircraft external gas tank) was sold at the Gooding Pebble Beach auction for $440,000. At the same time, over at RM, the Jim Khougaz 1932 roadster, which was a documented lakes racing car, went for $385,000. Bonneville is just a cool part of our automotive past and present; note the recent Tommy Hilfiger commercial shot with three authentic-appearing bellytank racers. For this car, the multiple Chrisman pedigrees and the racing era it represents are a powerful combination that is reflected in the strong price, which exceeded the preauction estimates. Not bad for a Ford coupe with a big dose of Yankee ingenuity. ♦ (Introductory description courtesy of RM.)

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Race Car Profile 1965 McLaren-Elva M1A “Cro-Sal Special” We dropped Indy racer Mauricio Gugelmin into a big-block M8. When he came in, his eyes were like saucers, but Lord, he had a grin on his face by Thor Thorson Details Year produced: 1965 Number produced: 24 Original list price: $12,000 SCM Valuation: $200,000–$300,000 Cost per hour to race: $1,250 Chassis #: Brass plate on firewall Engine #: Varies Club: Historic Can Am Association More: www.historiccanam.com Alternatives: 1966 McLaren M1B, 1965 Lola T70, 1965 Lotus 40 SCM Investment Grade: B Comps 1965 McLaren M1A Lot# 218, s/n 2010 Condition 2+ Sold at $243,840 Bonhams, Chichester, UK, 9/1/2006 SCM# 43002 Chassis number: 2006 T 46 he Elva-built McLarens, called M1A to distinguish them from the original McLaren prototype, were campaigned by some of the most famous and successful drivers and teams with a variety of power- plants. Their characteristics reflect the McLaren team's emphasis on simple, straightforward design and rugged construction, traits which had been inculcated into them from years with Cooper. The frame was based on three main tubes incorporat- ing a multi-tubular space frame structure and stressed sheet floor and bulkhead panels. The suspension was independent all around with very widely spaced pickups for the front upper wishbones, the rear element running almost to the cowl. The rear had reversed lower wishbones, single upper links and parallel radius rods. Springing was by coil springs and tubular shocks. The body was designed by Tony Hilder with a pointed nose split into two nostrils to take in the air for the radiator, which exhausted out the top of the nose directly in front of the very long, shallow, complexly curved windscreen. The nose also had air intakes to cool the front brakes; intakes in the front of each rear fender did the same for the rear brakes. The McLaren-Elva M1A was designed to accept a variety of powerplants, although the TracoOldsmobile was the preferred source of motive power. A Hewland transaxle was used. In all, it is believed that 24 McLaren-Elva M1As were built. SCM Analysis This car sold for $249,000 at the Bonhams & Butterfields sale in Greenwich, Connecticut, on June 8, 2008. Any vintage racer who hasn't had a chance to drive a mid-engined V8-powered sports racer—particularly one that fits into the Can-Am category—owes it to himself to Sports Car Market 1967 McLaren M1C Lot# 231, s/n 4012 Condition 2+ Not sold at $180,975 Bonhams, Chichester, UK, 9/1/2006 SCM# 43012 1963 Lola-Chevrolet Lot# 211, s/n LGT2 Condition 2 Sold at $694,373 Bonhams, Chichester, UK, 9/1/2006 SCM# 42997 Photos: Bonhams & Butterfields

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the increasing chassis loads were showing the shortcomings of the M1A. By mid-season the McLaren team had nicknamed the M1A the “FlexiPower” and was working hard on a much stiffer, stronger chassis adapted to the changing realities—the M1B. It arrived in September. There were other visual changes going on as well. The M1A had been designed to meet the then-prevailing FIA Appendix C regulations, which had been written years earlier to maintain the illusion that the racers were in fact road-going sports cars. The distinctive bulbous windscreen on the M1A is in fact to provide a place to mount the required spare tire. By mid-1965, the new Group 7 unlimited sports racing car rules had been agreed to, so road niceties were abandoned and the distinctive Can-Am shape began to appear in the M1B—wide and muscular rather than small and curvy. By 1966, most M1As had gotten fender flares for wider wheels, bigger engines, and stronger transaxles, and they had sprouted various aerodynamic appendages in an attempt to stay competitive, but their time was past. The M1B managed to stay around in a spear-carrier role for a few more years, but the Can-Am front runners quickly evolved into fire-breathing monocoque chassis with fuelinjected big blocks and huge, wide tires. do at least a few laps, if only to understand the visceral rush. The power delivery is so instant and brutal that it feels like you're strapped inside some kind of projectile. I remember a few years ago when we dropped Mauricio Gugelmin into a big-block M8. Though a very successful Champ and Indy Car racer, he had never experienced CanAm horsepower. When he came in after the first set of laps, his eyes were like saucers, but he had a grin on his face. My, did he have a grin. 1964 was a year of radical change Though the idea of mid-engined V8 sports racers had developed a number of years earlier, the true beginnings of what was to become the Can-Am racers arrived with the McLaren M1A and the Lola T70, both of which debuted at the London Racing Car Show in January 1965. Earlier cars like the Cooper/Shelby King Cobra and the Lotus 19/Buick had been designed for 2.5-liter engines and the tall, skinny tires of the early '60s. By 1964, they were past their time. The year 1964 was a time of radical change in car racing; it was also the beginning of a period of intense evolution because both Goodyear and Firestone had figured out how to build wide, low-profile racing tires. The racing car world would never be the same. In 1964, the biggest Dunlop racing tire went on a nine-inch-wide rim and had eight inches of tread. The M1A was delivered with eight-inch front and ten-inch rear wheels. By late 1965, twelve-inch-wide wheels took tires with twelve inches of tread, and by the end of the decade, 20-inch-wide tires were in use. The impact this had on chassis design, the ability to get power to the ground, and thus the importance of cubic inches, was phenomenal. The McLaren M1A and the Lola T70 were the first commercially available sports racers that had been designed to utilize V8 engines and the new tire technology, but they took different paths. While Lola used a relatively heavy monocoque chassis intended to carry iron-block Chevy or Ford engines and heavy transaxles, McLaren went to a smaller, lighter, tube-frame approach designed to use the Oldsmobile with a lighter Hewland transaxle. From 1961 through 1963, GM had produced an aluminum-block V8 generally called the BOP 215. Though originally a 3.5-liter, it could be stretched to 4.5 liters and had the advantage of being almost 100 lb lighter than a small-block Chevy. Oldsmobile's variant on the engine used a six-bolt head stud arrangement (vs. Buick and Pontiac's five-stud), which allowed the tuners to get more h why so many early V8 racers were Oldsmobile po was the aluminum V8, not your father's Oldsmobi Bigger tires showed the M1A's shortcomings In the beginning, McLaren's light and nimb proach worked very well; if you don't have enou tire to get horsepower to the ground, you're bette off not carrying the weight of a big motor. It was no to last, however. Starting in 1965, fatter, stickier tires were being developed almost by the month, a October 2008 increasing chassis loads were showing the shortcom- ings of the M1A. By mid-season the McLaren team had nicknamed the M1A the “FlexiPower” and was working hard on a much stiffer, stronger chassis adapted to the changing realities—the M1B. It arrived in September. There were other visual changes going on as well. The M1A had been designed to meet the then-prevailing FIA Appendix C regulations, which had been written years earlier to maintain the illusion that the racers were in fact road-going sports cars. The distinctive bulbous wind- screen on the M1A is in fact to provide a place to mount the required spare tire. By mid-1965, the new Group 7 unlimited sports racing car rules had been agreed to, so road niceties were abandoned and the distinctive Can-Am shape began to appear in the M1B—wide and muscular rather than small and curvy. By 1966, most M1As had gotten fender flares for wider wheels, bigger engines, and stronger transaxles, and they had sprouted various aerodynamic appendages in an at- tempt to stay competitive, but their time was past. The M1B managed to stay around in a spear-carrier role for a few more years, but the Can-Am front runners quickly evolved into fire-breathing monocoque chassis with fuel- injected big blocks and huge, wide tires. do at least a few laps, if only to understand the visceral rush. The power delivery is so instant and brutal that it feels like you're strapped inside some kind of projectile. I remember a few years ago when we dropped Mauricio Gugelmin into a big-block M8. Though a very successful Champ and Indy Car racer, he had never experienced Can- Am horsepower. When he came in after the first set of laps, his eyes were like saucers, but he had a grin on his face. My, did he have a grin. 1964 was a year of radical change Though the idea of mid-engined V8 sports racers had developed a number of years earlier, the true beginnings of what was to become the Can-Am racers arrived with the McLaren M1A and the Lola T70, both of which debuted at the London Racing Car Show in January 1965. Earlier cars like the Cooper/Shelby King Cobra and the Lotus 19/Buick had been designed for 2.5-liter engines and the tall, skinny tires of the early '60s. By 1964, they were past their time. The year 1964 was a time of radical change in car racing; it was also the beginning of a period of intense evolution because both Goodyear and Firestone had figured out how to build wide, low-profile racing tires. The racing car world would never be the same. In 1964, the biggest Dunlop racing tire went on a nine-inch-wide rim and had eight inches of tread. The M1A was delivered with eight-inch front and ten-inch rear wheels. By late 1965, twelve-inch-wide wheels took tires with twelve inches of tread, and by the end of the decade, 20-inch-wide tires were in use. The impact this had on chassis design, the ability to get power to the ground, and thus the importance of cubic inches, was phenomenal. The McLaren M1A and the Lola T70 were the first commercially available sports racers that had been designed to utilize V8 engines and the new tire technology, but they took different paths. While Lola used a relatively heavy monocoque chassis intended to carry iron-block Chevy or Ford engines and heavy transaxles, McLaren went to a smaller, lighter, tube-frame approach designed to use the Oldsmobile with a lighter Hewland transaxle. From 1961 through 1963, GM had produced an aluminum-block V8 generally called the BOP 215. Though originally a 3.5-liter, it could be stretched to 4.5 liters and had the advantage of being almost 100 lb lighter than a small-block Chevy. Oldsmobile's variant on the engine used a six-bolt head stud arrangement (vs. Buick and Pontiac's five-stud), which allowed the tuners to get more h why so many early V8 racers were Oldsmobile po was the aluminum V8, not your father's Oldsmobi Bigger tires showed the M1A's shortcomings In the beginning, McLaren's light and nimb proach worked very well; if you don't have enou tire to get horsepower to the ground, you're bette off not carrying the weight of a big motor. It was no to last, however. Starting in 1965, fatter, stickier tires were being developed almost by the month, a October 2008 Both Both cursed and blessed by its timing From a vintage racing standpoint, the M1A is both cursed and blessed by the timing of its moments of glory, and it's the reverse of what you might expect. The M1A was designed specifically for the American market, but there's almost no place for it in American vintage racing. This is because in the U.S., we tend to grid cars by type, and as a wide-tired V8, the M1A will almost inevitably be sent out with later Can-Am cars that are wildly faster than it is. There are seldom enough early cars for their own grid, so you're stuck being a rolling chicane in the Can-Am circus, which is not fun at all. In Europe, it's different. The FIA system is strictly by construction date, and the break happens to be 1965. This means that the M1A, M1B, and a few early Lola T70s get to run in pre-1965 grids against Lotus 23s and the like. In those grids, the McLarens are king of the hill and thus highly desirable. As a result, the European market is what drives the 1965 McLarens, and $250,000 to $280,000 seems to be what they go for these days, with the B at the top of the range and the A at the bottom. Tellingly, the M1C (an evolution of the B) came along in 1966 and is thus worth roughly half of the 1965 cars' value, due to its lack of eligibility. The Cro-Sal special looks to me like it was restored as a display or museum car rather than a serious racer (though historically correct, those exhaust stacks cost probably 60 horsepower over headers), and it may well have sold into a domestic collection instead of the international market, but the Europeans still set the value. I'd say correctly priced. ♦ (Introductory description courtesy of Bonhams &

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Market Reports Overview Five Summer Sales Total $32m Single-marque sales and collections again brought the big numbers, while more generalized sales saw solid results by Jim Pickering T he early and mid-summer months have again seen some stable results within the collector car market, with many sales seeing final numbers either matching or exceeding those set in 2007. However, as the top of the market remains relatively solid, with good cars still seeing increases, the lower levels have continued to cool, with mid-market cars leveling off in price in many locations worldwide. Bonhams's $4.4m result for a 1955 $1,064,399 Sales Totals Jaguar D-type was big news at the company's annual Goodwood Festival of Speed auction in July, setting a new auction record for a Jaguar. SCM Auction Analyst Paul Hardiman found that even though the $11.9m realized here matched the final total from 2007, the final sales rate dropped from 73% to 60%, and while that final percentage is still commendable, it has become more difficult to achieve in this uneasy market. Just a few weeks prior, at Kelmarsh Hall, Hardiman made his way to Bonhams's an- Mecum, St. Charles, IL Bonhams, Northamptonshire, UK MidAmerica, Blaine, MN Bonhams, Chichester, UK RM, Tustin, CA nual Rolls-Royce sale held in conjunction with the annual RREC rally. Here he noted a relatively wide-ranging group of bidders from around the globe, and final sales increased to $1.7m for 85% sold from last year's $1.4m for 82% sold. In general, sale prices here were right in the middle of pre-sale estimates, which reflected the same stability seen at other single-marque sales earlier in the year. Senior Auction Analyst B. Mitchell Carlson took a trip to Blaine, Minnesota, for the 22nd annual MidAmerica Spring Twin Cities Classic Car Auction in May, where 58 of 133 lots traded at a final total of just over $1m—a substantial increase from the $680k from 54 cars achieved here in 2007. The high sale went to a 1970 Mustang Boss 429 at $207k, but this was still an excellent place to find an inexpensive driver, as the majority of the lots on offer brought under $20k each. RM Auctions held its Joe's Garage sale in Tustin, California, on June 14, and analyst Rick Feibusch was there to cover the late Joe MacPherson's collection as it crossed the auction block. Feibusch noted a final automotive sales result of $8.4m, with motorcycles SCM1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 48 Top10 Sales This Issue (Land Auctions Only) 1. 1955 Jaguar D-type roadster, $4,378,343—Bon Chi, p. 52 2. 1923 Miller 122 Supercharged racer, $2,035,000—RM, p. 84 3. 1930 Invicta S-type 4-seat tourer, $834,302—Bon Chi, p. 52 4. 1934 ERA A-type Prototype racer, $713,979—Bon Chi, p. 52 5. 1953 Chrisman Bonneville Salt Flat coupe, $660,000—RM, p. 86 6. 1971 Chevrolet Corvette ZR2 convertible, $550,000—Mec, p. 94 7. 1966 Gurney Eagle AAR Indy racer, $528,000—RM, p. 88 8. 1960 Watson Indy racer, $495,000—RM, p. 88 9. 1970 Lamborghini Miura P400S Series II coupe, $484,273—Bon Chi, p. 58 10. 1969 Ferrari 365 GTC/S spyder conversion, $375,115—Bon Chi, p. 58 1. 1934 ERA A-type Prototype racer, $713,979—Bon Chi, p. 52 2. 1970 Ford Mustang Boss 429 fastback, $206,700—MidAm, p. 68 3. 1932 Rolls-Royce 20/25hp Sedanca de Ville, $54,234—Bon Nor, p. 92 4. 1992 Chevrolet Corvette Lingenfelter ZR-1 coupe, $24,675—Mec, p. 96 5. 1976 Cadillac Seville Custom sedan, $8,250—RM, p. 88 Sports Car Market $8,745,629 $1,725,535 $11,925,431 $8,422,150 totaling an additional $1.5m, and as was the case at the Fritz Ehn bike sale, he found that many of the lots on offer easily exceeded their pre-sale expectations—a result due mainly to the rarity and excellent condition of the cars in the collection. Mecum's Bloomington Gold Corvette auction re- turned to Pheasant Run Resort in St. Charles, Illinois, in late June, and analysts Dan Grunwald and Thomas Glatch were present to see final totals grow from the $8.3m realized in 2007 to $8.7m at this year's event. As has been the case in other recent auctions across the U.S., mid-range cars here were a bit flat, but there was still plenty of money available for rare and high-quality cars, as evidenced by the $550k high sale of a restored 1971 Corvette ZR2 convertible. Finally, if you're not intimidated by a few scratches, a couple of dents, and a bit of terminal rust, Geoff Archer's report on recent eBay Motors activity should have just the project car for you. ♦ Best Buys

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Bonhams Chichester, UK Goodwood Festival of Speed A scruffy but important D-type Jaguar made $4.4m as Bonhams pedaled hard to realize a 61% sale rate Company Bonhams Date July 11, 2008 Location Chichester, Sussex, England Auctioneer James Knight Automotive lots sold / offered 61/100 Sales rate 61% Sales total $11,925,431 High sale 1955 Jaguar D-type XKD 509, sold at $4,378,343 XKD509, world-record auction price at $4,378,343 Report and photographs by Paul Hardiman Market opinions in italics A packed marquee, accessible only through the grandeur of Goodwood House, anticipated the sale of the first production Jaguar D-type, XKD509. James Knight dropped the hammer on a round $4 million winning bid from an English collector in the room, after bidding had risen rapidly to $3.9 million and then trickled the last $100,000. The $4,378,343 paid, including premium, was a world record for any Jaguar sold at auction, and a double jump on the price of the last D-type under the hammer, XKD553, which went for $2,097,000 at Carmel in 2006, sold by Bonhams & Butterfields. That brought the sale total to more than Buyer's premium 15% on first $59,664 and 10% thereafter, included in sold prices ($1.00 = £1.99) its own right,” commented Bonhams auction specialist and SCMer Richard HudsonEvans, confirming that both the ERA and the D-type are staying in the U.K. Other highlights included a 1930 Invicta S-type “low chassis” that had been in Australia most of its life and which sold for $834,302, and a very sharp Maserati 3500 GT with coupe body by Touring that fetched a remarkable $171,435 against an estimate of $80,000 to 100,000. An Aston Martin Virage at $38,881 made for a cheap deal. Notable no-sales included a super '68 Bizzarrini 5300 GT Strada that failed to reach its $400,000 lower estimate, while a '66 Shelby GT 350 came up about $20,000 short of its $155,000 reserve. A couple of interesting rally cars—an original Austin 1800 “Landcrab” Chichester, UK and a Safari-prepared Datsun 240Z—remained with their original owners. The Lamborghini LM002 in the catalog did not actually reach Goodwood, having been sold for $80,000—more than its reserve— before the sale but legally forming part of the results. $12 million on the day if you add the automobilia, which included a complete Bugatti Type 35 body and a BRM factory sign. Though half the crowd melted away after the ham- mer dropped on the D-type, another bidder in the room eventually secured the ERA A-type prototype R1A for $713,979, including premium—rather lower than expected since serious competition was anticipated for such a rare car being sold at no reserve. R1A has almost unbroken racing history, and its il- lustrious list of drivers includes Raymond Mays, Richard Seaman, Kay Petre, Reg Parnell, and Ron Flockhart. “It's one of the few historic racers that is collectible in 50 Bonhams had obviously been working hard to convert a few provisionals into actual sales in the hours and days after the auction, and to its credit achieved a commendable sale rate. But this pattern is the norm now. The days of easy sales were over quite some time ago and pedaling hard to get the money is expected, starting with marketing the cars months before the sale through appearances at shows and the press, a business at which Bonhams excels. Though everyone's putting a brave face on it, the market, right across the board, is feeling the pinch. ♦ Sales Totals $2m $4m $6m $8m $10m $12m 2008 2007 2006 2005 2004 Sports Car Market

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Bonhams Chichester, UK ENGLISH TOP 10 No. 3 #539-1930 INVICTA S-TYPE 4-Seat tourer. S/N S24. Eng. # 7392. Green & aluminum/black/gray leather. RHD. Odo: 7,693 miles. Coachwork by Vanden Plas. The third S-type built, known as “Scimitar” and restored in 1993. Straight panels, a few chips in paint, various scratches in polished aluminum hood, other original aluminum body parts pitted. Chrome fixtures and fittings mostly good, seats and mats nicely worn in. Underside clean 1959. Wears DB Mk III hood. Bumper overriders and original seats included in the sale. Cond: 2+. SOLD AT $248,003. Aston Martins have been big news within the market of late, and this overall clean example was a good deal for both parties at $30k over the $218k high estimate. of and competitive with ERAs. Continually improved over the years, driven among others by Roy Salvadori. In well-used condition but mechanically up to scratch, having had a recent rebuild. Six Amal carbs fitted. Has appeared at the Goodwood Revival. Cond: 3. SOLD AT $191,124. This price was a little behind the low estimate of $198k. Compares well with an ERA, but at less than a third of the price. and showing no big leaks. Cond: 3. SOLD AT $834,302. Right on the top estimate, but there's still a 5% import tax to pay. In Australia since the '30s, this failed to sell at Shannons Melbourne sale in March '07 for $751,280 with 7,520 miles on the clock (SCM# 44717), but it had more luck here. Low-chassis Invictas are fast and attractive, with 68 of the 77 built surviving, and this was rightfully a similar price to a 4½-Liter Bentley. TOP 10 No. 4 #560-1934 ERA A-TYPE Prototype racer. S/N R1A. Green/aluminum. The ex- Raymond Mays, John Heath, Reg Parnell, Ron Flockhart, Bill Moss, Tony Merrick (who restored it back to its original form) and latterly Dean Butler ERA prototype. Massive history, including ERA's first long-distance race win in 1934, and “on the scene” ever out. Mechanically up to scratch, motor and gearbox rebuilt four years and probably less than 200 miles ago. It's “just right” and needs to be driven some more. Please, nobody restore it. Cond: 3-. SOLD AT $4,378,343. This was a new world record auction price from a buyer in the room after telephone bidding rose quickly to $3.8m and then stalled at $3.9m—not the “frantic” escapade Yahoo! news feeds would have you believe. Punters said they expected nearly $5m, but this seemed about right. Well done all around for a very important car. See the profile, p. 34. #598-1955 ASTON MARTIN DB2/4 since. Now with double rear dampers and 1500 engine. Beautifully maintained by various U.K. specialists but not overdone. Cond: 2. SOLD AT $713,979. Sold after quite muted bidding, and strangely low given an estimate of $1m. But this car was being sold with no reserve price into a very niche market. For this rare chance to buy an ERA “cheaply,” you might have expected competition to have been fiercer. Well bought. #568-1935 RILEY “DOBBS SPECIAL” 2-Liter offset racer. S/N N/A. Eng. # 152777. White & red/black leather. RHD. Well known sprint and hillclimb special based on a Sprite chassis with MPH axles and brakes, forerunner 52 drophead coupe. S/N LML1956. Eng. # VN6J412. Metallic blue/blue cloth/red leather. RHD. Very good restored condition, with bills for $80k in work completed from 2003-2005. Leather looks new and tidy, engine changed in TOP 10 No. 1 #523-1955 JAGUAR D-TYPE roadster. S/N XKD509. Eng. # E20159. Black/green leather. RHD. Odo: 6,515 miles. Possibly the most “unmolested” D left, although it's got some stories to tell. Original motor, numbers matching (though they didn't always, as the motor was in the wrong car for a while). Been loved, raced, burnt, crashed, and rebuilt. Paint flaking off, leather almost worn bubbles near rear arches and a couple of parking dings. Seats show a nice patina. Cond: 3. SOLD AT $210,813. Aces have been climbing strongly in recent years, and this sale takes them past the $200k mark. Market correct, although making it pristine (a poor idea) would likely swallow up to another $100k. #550-1963 ASTON MARTIN DB5 Vantage-Spec coupe. S/N DB51313R. Eng. # 4001271. Dark green/black leather. RHD. Odo: 7,268 miles. Very straight and shiny following extensive restoration in 2001 with all parts renewed. Nice paint, excellent panel gaps. Motor #518-1959 AC ACE Bristol roadster. S/N BE1059. Eng. # 100D2948. Black/red leather. RHD. Odo: 45,276 miles. Well-loved and lived-in Ace in the most desirable Bristol motor and overdrive combination. Some creases and wrinkles to older restoration, including several rebuilt as unleaded-compatible 4.2. Stiffer Eibach springs, full service history. Cond: 2+. SOLD AT $287,382. This price was about right for current DB5 values, but it includes the cost of the big restoration. These cars cost $300k to do properly, so although it was on estimate here, it was a relative bargain. #547-1966 FORD CORTINA GT MkII 2-dr sedan. S/N BA96FA63580. Eng. # 6L9A. Dark green/black vinyl. RHD. Odo: 65,627 miles. Reportedly the 28th Mk II GT produced—an early pre-crossflow export model with reinforced body and sump guard. Some renovation work includes new front fenders, very good top and bottom with sharp body and door fit. Some light scratching in paint, chrome good. Floors excellent, strut tops perfect, replica decals fitted in tidy engine bay. Sports Car Market

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Our Cars 1978 Porsche 911SC Bonhams Chichester, UK #503-1971 MARCOS 3-LITER coupe. S/N 3V5943. Yellow/black vinyl. RHD. Odo: 55,232 km. Rare Volvo-powered fiberglass coupe with steel rather than earlier plywood chassis. In storage since 1980, one owner from new. Lots of paint chips, corrosion to window trim, rows of rusty bolt heads along rocker Owner: Paul Duchene, Executive Editor Purchase date: September 2007 Price: $11,000 Mileage since purchase: 1,500 Recent work: Rear brakes, cleaning wheat out of undercarriage. I haven't seen a “Don't Drive Tired” sign since I was in England, but I opened my eyes to find myself flying through a field of wheat as tall as the car, at about 60 mph. Amazing, I thought. “Paul, what are you doing?” said my friend Muriel as the car filled with chaff through the open windows. Eyes now more than fully open, I realized I had drifted to sleep while on Oregon Highway 26, veered off the shoulder of the road to the right (better than if I had drifted into oncoming traffic, no doubt) and was doing my best imitation of Steve McQueen going cross-country in “The Great Escape.” Except, of course, that he had been on a motorbike and I was in a 911. I slowed to a halt about 440 yards from where I left the road and switched off the engine. So much for a trip to the Oregon Coast on a warm, sunny afternoon…. A state highway worker stopped and called down from the road to see if we were okay. The six-foot ditch and 15-foot bank between us and the highway meant I wasn't going out that way, and a tow truck was likely to turn my undamaged car into a damaged one. But Joe the highway worker suggested I drive back the way I came in, and that's what I did, while he stopped traffic. Police, the tow truck driver, and the farmer who arrived all seemed relieved. People who go off here invariably roll the car, with dire consequences, but I had chosen the 20 yards where there wasn't a ditch, with my eyes closed. The Porsche is undamaged, except for the nose, which looks like I rubbed it all with wire wool. The flat pan, motor, and exhaust raised at the rear meant nothing was scraped off or bent and I didn't start a fire, thank the lord. Oddly, it all happened and was resolved so fast it didn't disturb anybody's equilibrium. Muriel, who has allergies, said, “Paul, I told you—no gluten!” And one of the cops said dryly, “Of course the guys who made this had quite a bit of experience crossing wheat fields, but that was in tanks.” It was a sobering experience, and my bit of advice is if you feel sleepy while driving, pull over and take your nap. Trying to grab a few winks at 60 mph can lead to unfortunate results. ♦ 54 other paint smooth. Nice leather and carpet. Restored by leading specialist in 2000, bought in Switzerland in 2001, in Ireland since 2004. No MOT. Cond: 3+. SOLD AT $94,866. The automatic transmission keeps values of these down in the U.K, so this can be considered a fair value. Priced about right. Sports Car Market FIA belts. In good order with some surface corrosion but no rot. Said to run well. Cond: 3. SOLD AT $38,881. A bottom-dollar entry to the world of ex-Works rally car collecting. Unlikely to be competitive in today's historics, but OK for road rallies. Well bought. #567-1967 ASTON MARTIN DB6 coupe. S/N DB63007R. Eng. # 4003006. RHD. Silver/ black leather. Mostly nice overall, but tiny dings in both front fenders and bubbles in door bottoms detract. Deep chip in hood corner, Superb interior with extra instruments. Uprated suspension, wider wheels, and wood-rim steering wheel. Cond: 2. SOLD AT $18,754. This made $3,847 more than when it was last sold by H&H at Harrogate on April 16, with 65,599 miles recorded. Its age means it's always prey to becoming a donor for a historic competition car, but hopefully increasing prices will prevent that as it's too nice. Fairly bought if for a keeper. #587-1967 HILLMAN IMP Group 6 saloon. S/N B412016382T. Blue/black vinyl. RHD. Odo: 152 miles. Fair presentation of a restored original rally car. Driven in period by Rosemary Smith, Roy Fidler, and Andrew Cowan. Period Halda, extra rev counter, newer panels serve as main body attachments. Period Cosmic alloy wheels. Interior OK. No reason to suggest this wouldn't be an easy cosmetic restoration. Cond: 3-. SOLD AT $10,978. Somebody else obviously thought this wasn't as bad as it looked, as it sold well at no reserve against a low estimate of about half this price. #596-1973 AC 428 convertible. S/N CF78. Eng. # 1127R8KR. Silver/black cloth/black leather. RHD. Odo: 11,604 miles. 428-ci V8, 4bbl, auto. Mileage is really 23,604, which is still low. Clean condition, original and unrestored with just two owners from new. Sensible mods include big radiator, electric fan, and stainless exhaust. Oil pressure claimed good. On peg-drive Halibrands. Cond: 2+. SOLD AT $106,898. Sold after the sale, although it did appear to sell on the auction block. This was a great value, especially since these have been hardening slightly. #517-1974 FORD CAPRI RS3100 coupe. S/N BBECND15105. Eng. # ND15105. White & gold/black vinyl. RHD. Odo: 84,243 km. Rare U.K.-market homologation special with big motor and spoilers for Group 2 racing,

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Bonhams Chichester, UK Recent Il Biscione sales on eBay Alfa Bits by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #190231890501-1965 ALFA ROMEO GTC convertible. S/N AR755536. Red/black vinyl/black vinyl. 24 Photos. St. Louis, MO. “Found nesting in an elderly gentleman's basement garage where it has been hiding for the last 10 years. The owner was an aircraft mechanic who took great pride in the car and had owned it and one of only 200 built (out of a required 1,000 by the FIA...). Restored by previous owner and like new top and bottom, including hard-to-source interior. Correct hand-flared front arches and unique alloy wheels. Cond: 1. SOLD AT $30,876. From the same dealer as a mint '65 Cortina GT at this same sale. These are very rare on market, and when they do appear, they're almost never this nice. Near the low end of the $28k–$36k estimate range, and well bought. GERMAN #508-1958 MERCEDES-BENZ 220S 4-dr over 30 years. The car comes with all original documents showing its history, originally sold in Germany new in 1965 to an air force captain, then imported into the USA in 1966 by the same owner.” Not running, armrests MIA, rear bumper pitted. 22 bids, sf 1842, bf 24. Cond: 3-. SOLD AT $42,600. This price would not surprise for a #2 car, but as long as it is missing pieces and inoperable, I have to call it worse than #3, and thus well sold. #170189379607-1971 ALFA ROMEO GTV 2+2 coupe. S/N AR1532222. Orange/black vinyl. Odo: 64,500 miles. 24 Photos. Brea, CA. Restoration “took a year and labor and parts costed close to $30k, not including the price of a relatively clean Alfa to begin with.” Paint looks fantastic, 16-inch Panasports really pop. “Dash, wood panels, door panels, healiners... all redone.” sedan. S/N 18001058519771. Maroon/gray vinyl. Odo: 34,198 km. A nice original example of a “Ponton” sedan. Converted to four-speed from original clutchless Hydrak system, otherwise stock. No rot, panel fit excellent. Restored in Los Angeles in 1999, then in Hawaii. Older paint settling in so well it looks almost throughout. Should be ready to go another 40 years. Cond: 2+. SOLD AT $50,317. Last appeared at Bonhams's Festival of Speed sale in 2006, where it was recorded as a no-sale at an undisclosed amount. Stainless steel exhaust added since. This price was not out of order for one of these solid barges, and it was made more attractive by a number of new parts. Well bought. $6k in mechanical labor receipts, “Engine has been completely overhaulted, rebuilt and balanced.” 34 bids, sf 10, bf 161. Cond: 2+. SOLD AT $35,100. An over-the-moon-price for an over-thetop car. It was not concours, not race, and not even a factory color... but it had so much eyeball that it pulled at least $5k over market. Orange you jealous? #330253151560-1974 ALFA ROMEO GTV 2+2 coupe. S/N AR3024873. Black/black cloth. Odo: 58,780 miles. 24 Photos. Brooklyn, NY. #2 cond. “RESTORED IN 1995... REPAINTED, NEW INTERIOR, NEW HEADLINER, NEW GASKETS... ALL NEW 4 BRAKE CALIBERS, PADS AND ROTORS. NEW PERFORMANCE SPRINGS, BRAND NEW GAS TANK WITH FUEL PUMP, NEW CLUTCH, PANASPORT WHEELS AND NEW TIRES, NEW GRILLE. ENGINE original. Timber dash nice and interior redone. Factory replacement engine fitted at some point. Cond: 2+. SOLD AT $25,158. Even though this car had spent some time in Hawaii, there was no evident rust to be concerned with. They don't get much better than this solid, upto-scratch example, so this was well bought at mid-estimate money. #511-1962 MERCEDES-BENZ 190SL convertible. S/N 12104220024911. Eng. # 12192820002580. Green/green leather. RHD. Odo: 71,056 miles. Completely original and with one owner from new. Originally supplied to Aden, home with owner in '67. Body and trim as good as you'd realistically hope from order and sharply presented even after six Tour Autos. Cond: 2+. SOLD AT $147,370. Sold right in mid-estimate territory. Other Daina coupes on the market are asking between $140k and $200k right now, so it's safe to call this one well bought at this price. #541-1958 MASERATI 3500 GT coupe. RUNS EXCELLENT WITH GOOD PERFORMANCE, TRANSMISSION SHIFTS NORMAL. YOUR BUYING THIS GTV AT A REALLY REASONABLY PRICE BECAUSE I HAVE BEEN FORCED TO SELL MY COLLECTION DUE TO A BIG LOSS IN THE STOCK MARKET DAILY TRADE.” 1 bid, sf 6, bf 6. Cond: 2. SOLD AT $13,000. eBay ID indicates that seller is also the proprietor of an Italian bakery in Bensonhurst. I hope the winning bidder was able to collect this fantastic bargain before those Sicilian “investors” did. ♦ 56 one-owner cherished Benz, although with lifting and cracking paint and some corrosion. Chrome beginning to microblister, seat trim shows some tears. Tatty underhood with leaking master cylinder, new fuel pump fitted. Hard S/N AM101512. Eng. # AM101512. Red/ brown leather. Odo: 66,884 km. Older $120k restoration in the U.S. Really sharply presented with paint, chrome, and interior done to concours levels, but not overdone. Leather and carpets perfect. Upgraded with Series II front discs at the factory when new. Cond: 1. SOLD AT $171,538. This sale price was more than double the lower estimate of $79k, which just Sports Car Market ITALIAN #531-1952 SIATA DAINA SL Sport coupe. S/N SL0201S. Eng. # SL0201S. Red/red & black leather. Rare small coupe with Fiat engine, and the only one known with this believed Boano-built body. Restored some time before 1994, motor rebuilt in 2001. Excellent and soft tops. Cond: 3. SOLD AT $59,501. This sold well ahead of its high estimate of $43,500. A fair deal, as this is the price you pay for an unmolested car even in a tired state. #574-1966 MERCEDES-BENZ 220SEB cabriolet. S/N 11102322078852. Eng. # M12798422003851. Metallic blue/cream cloth/cream leather. RHD. One owner until 2006, restored in 2000 and still near perfect, having been looked after by leading specialists. Unleaded/LPG conversion, well-presented

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Bonhams Chichester, UK for the raw material. Perhaps all the 250 GTEs have been used up now. #591-1967 LAMBORGHINI 400 GT coupe. S/N 01315. Eng. # 1567. Black/brown leather. Odo: 72,641 km. Body very straight, paint deep and lustrous with few small imperfections, detail good with very clean and tidy engine bay. Interior clean and original. Motor proves that the money's out there for the very best cars—and this, which has been in the U.K. since 2000, was really nice. #586-1965 FERRARI 250 GTO Replica coupe. S/N 7225GT. Eng. # 209. Red/black vinyl. RHD. Odo: 6,560 miles. More convincing when you stand next to it than in the pictures, this 330GT-based replica was built in England as a copy of the only RHD 4-liter, 5-speed GTO and tidy, interior well-fitted and showing only light use-related wear. Cond: 2. SOLD AT $99,241. This brought almost double its presale estimate of $55k, which did seem a bit low. Maybe the auctioneers weren't expecting much, but this was a very attractive example. Well sold. See the profile, p. 38. #530-1969 FERRARI 365 GTC coupe. S/N 12107. Eng. # 1207. Silver/blue leather. RHD. Odo: 58,044 miles. Body straight with good panel gaps and fine chrome, but paint a bit gloomy. Leather beginning to crack, other interior bits show use. Engine bay and under- said to be down on compression on one pot, and doesn't sound the healthiest when fired up. Cond: 2. SOLD AT $177,998. Bang on bottom estimate. Bought in California in the mid-'80s, in the U.K. since. A good buy of a rare and desirable car—provided the motor issues can be resolved. TOP 10 No. 10 #579-1969 FERRARI 365 GTC/S spyder conversion. S/N 12249. Eng. # 12253. Red/black/black leather. RHD. Odo: 5,577 km. Damaged GTC converted to spyder by Ferrari specialist Graypaul Motors between 1979 and 1983. Recent renovation built for Le Mans. Very well executed with correct parts and specs (riveted tanks, etc), raced since completion in 1993. Competition prep including plumbed-in fire extinguisher. Cond: 2-. SOLD AT $331,135. Sold nearer the low end of its $314k-$353k estimate range. This was a lot of money for a bitsa, but it would probably cost more to make it again. If viewed as a race weapon, this was well bought. #603-1965 FERRARI 330 GT 2+2 coupe. S/N 5481. Silver/brown leather. RHD. Odo: 52,809 miles. A right-hand GT that's gone to seed, with dings in nose, microblistered paint, and rust in door, door jamb, and sill top on left. Dirty, tatty and neglected engine bay with air filter lid in footwell, so I suspect it wouldn't and detailing evidenced by new nuts and bolts to exhaust. Interior looks fresh. Very sharply presented on refurbished Borranis. Cond: 2. SOLD AT $375,115. Last seen at Coys London sale in April '92, where it failed to sell at $142,300 (SCM# 12389). In good condition overall, it was well bought nearly right on the low estimate of $372k. #535-1969 DE TOMASO MANGUSTA coupe. S/N 8MA656. Eng. # C5AF6015E. Black/black leather. Odo: 58,821 km. 289-ci V8, 4-bbl, 5-sp. Very straight body and good panel fit, but left-hand clamshell has broken away from its hinge. Undercarriage all clean start even though it's claimed to have good oil pressure and to run sweetly. Rear seat leather split, front seats grubby, rust breaking out on Borrani spokes. Floors OK. Cond: 4. SOLD AT $72,989. Most likely to be reincarnated as a GTO replica, but at more than double the presale low estimate of $29k, it looked expensive 58 side tidy. A regular driver. Cond: 2. SOLD AT $180,185. Offered with a very wide pre-sale estimate band of $140k–$280k, as nobody was sure if these had jumped like other V12 Ferraris. The last GTC sale listed in the SCM auction database was a 87,000-km left-hander in #2 condition that fetched $209,000 at RM Monterey in August '07, and with that in mind, this looked like a good buy. TOP 10 No. 9 #577-1970 LAMBORGHINI MIURA P400S Series II coupe. S/N 4659. Eng. # 30503. Lime green/black leather. RHD. Odo: 46,779 miles. A well-known car, and the 500th Miura built. The first with ventilated discs and the first U.K. RHD car. In Kuala Lumpur for a time, now restored and excellent throughout, aside from strangely dinged and butchered front crossmember. New floors, bulkheads, sill, and doors. Some welded repairs to flip-front frame, slightly corroded air vent bezels. Interior redone, no leaks from engine or trans. Cond: 1. SOLD AT $484,273. Sold slightly shy of the $490k top estimate. One of the very best but still not quite perfect, so a fair price on the day. #563-1972 MASERATI BORA 4.7 coupe. S/N AM117158. Metallic blue/stainless steel/ tan leather. Odo: 48,227 km. Smaller-engined early version, restored in the '90s and still good, although paint is a bit cloudy. Brushed stainless roof in good shape, some welded repairs in wheelarches. Leather good, dash top lightly water stained. Motor tidy, with slight oil weep from cam covers. Spare wheel cover and jack Sports Car Market

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Bonhams Chichester, UK straight-through exhaust, Enkei wheels, big brakes, and carbon fiber parts. Generally good but there's a corrosion-led crack in the left rear C-pillar, as well as some wear to the driver's seat bolster. Front damage and $50k Moto Technique repair in 2007. Cond: 2-. SOLD AT $363,950. Sold several thousand dollars over the bottom estimate of $353k. Not the nicest example out there, and it's been modified and probably well hammered—but it's an F40 nonetheless. A decent deal for both buyer and seller. still in place. Cond: 3-. SOLD AT $79,552. Slap in mid-estimate territory. The Bora and its smaller-engined sibling the Merak have always been vaguely unfashionable, although they're rarer than a Ferrari Boxer and cost less than half the price. Both parties should be happy with this. #512-1973 FERRARI 246 GT Dino coupe. S/N 06092. Eng. # 06092. Red/black leather. RHD. Odo: 54,558 miles. Still sharp following restoration in 2000 by marque specialist Nick Cartwright. Panels flat, fit and gaps good. Interior excellent and showing very little wear. Plexiglas headlight covers from new. No leaks from engine compartment, and while many owners over recent years a bit worrying, there's massive history in two files. Cond: 2. SOLD AT $156,121. Last sold by Bonhams at the Festival of Speed auction in July '06 for $118,853 with 53,968 miles (SCM# 42331). Although up near the top estimate of $158k, this was not a massive price for a Dino in the U.K.—especially for one which has had all the money already spent with a leading specialist. Well bought. #597-1990 FERRARI F40 GTM coupe. S/N ZFFGJ34B000085614. Eng. # 22841. Red/red nylon. Odo: 26,340 km. Imported to the U.K. by marque specialists in 1998, upgrade to GTM between 2001 and 2005 included remapped computer for an additional 100 hp, big brakes, suspension mods. Cond: 2+. SOLD AT $14,866. Last sold at Bonhams Festival of Speed auction in July '02 for $13,369 with 90,455 km (SCM# 28769). Price paid was just north of the danger area for these, but it was $5k less than seller had hoped for. Conventional wisdom is that you avoid chipped and modified cars, but this looked well done, had been built by an acknowledged expert, and would make a great track day car. A good value. SWISS #534-1970 MONTEVERDI 375/S Series II coupe. S/N 1014. Eng. # 1014. Silver/beige leather. Odo: 23,363 miles. Coachwork by Fissore. 440-ci V8, 4-bbl, auto. Apparently unrestored and original, first supplied to South Africa, then U.S. In the U.K. since 1991. Body good and straight, paint still nice, leather beginning to crack. Tidy engine bay. Fitted have pinpricks in chrome. Generally nice paint a little misty and bloomy. All details present and correct, clean and tidy throughout. In U.K. since 2007, mileage recorded is since restoration. Cond: 1-. SOLD AT $77,364. Sold some way behind the $90k–$100k expected pre-sale. This is a tricky car to market in the U.K., where Sherwood Green '68 fastbacks on Torq-Thrusts are common, but rarer models are a little below the radar except to aficionados. ♦ braces, restored between 2001-2007. Nicely done with straight panels and good fit except for crooked right rear corner molding. Phil Hill and Dan Gurney signed glovebox door. Cond: 2. SOLD AT $33,163. This was cheap for any fastback in the U.K., and it was a total bargain for a very potent, clean package... as long as you didn't mind the identity issues. This should make someone very happy, if not the seller. #543-1969 SHELBY GT500 fastback. S/N 9F02R481021. Acapulco Blue & white/black vinyl. Odo: 5,907 miles. 428-ci V8, 4-bbl, auto. Superbly restored and probably better than new. Hood fit a little off, finish rough in rain gutters, rear side window trim and door handles #585-1992 LANCIA DELTA HF Integrale Evo 1 4-dr hatchback. S/N ZLA831AB000568514. Eng. # 831C5046. Burgundy metallic/black. Odo: 96,059 km. Appears uncrashed with a few touched-in paint chips and lightly curbed alloys. Stripped interior with roll cage and harnesses, Perspex windows. Motor chipped to overboost to 318 hp, with a/c and Borranis. Cond: 2+. SOLD AT $177,998. Another seriously undervalued car, this one selling for three times its $59k pre-sale low estimate. Its flattened Studie looks with sugarscoop headlights won't be to everyone's taste, but that just makes it rarer. Well bought and sold. AMERICAN #515-1966 FORD MUSTANG GT350 Replica fastback. S/N 5R07C173003. Eng. # V034085P. Blue/black vinyl. Odo: 7,837 miles. 289-ci V8, 4-bbl, 4-sp. Described as a '66 but with a '65-style fastback body, and according to the quoted chassis number, the identity of a '65 San Jose-built 289-ci 2-bbl hard top. Built as a street/competition car with cage and strut 60 Sports Car Market

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MidAmerica Auctions Blaine, MN 22nd Annual Spring Twin Cities Classic Echoing the current market, higher-quality cars were more apt to find new owners, and lesser cars made bidders sit on their hands Company MidAmerica Auctions Date May 10, 2008 Location Blaine, Minnesota Auctioneer Dave Talberg & Todd Fiskness Automotive lots sold / offered 58/133 Sales rate 44% Sales total $1,064,399 High sale 1970 Ford Mustang Boss 429, sold at $206,700 Buyer's premium 6%, included in sold prices Fords of all stripes were well represented in Minnesota Report and photographs by B. Mitchell Carlson Market opinions in italics I n what almost seems to be a spring MidAmerica tradition, the weather for most of the day was rain. Yet this traditionally bodes well for MidAm's sales. As in previous years, this sale was also held on the same day as the Minnesota fishing opener. Why be out on the lake when it's miserable? Go to the car auction. By the end of the day, this proved to be true, with a decent 44% sales rate. MidAmerica also proved once again to be a beacon for Ford enthusiasts, both those wishing to buy and wishing to sell their Blue Oval cars. The vast selection was augmented on the high end of the scale by the offerings of two prominent local Ford collectors, but a number of individuals supplied the brunt of the 17 Fords and six other Ford products that sold. This represents nearly 40% of the cars sold overall. The top sale was a well-restored 1970 Mustang Boss 429. The Grabber Blue terror of the dragstrips found a new owner as an announced postblock sale of $206,700, including premium. Continued negotiation once a car crosses the block is a traditional MidAmerica forte, and the company 62 did quite well because of those postblock sales. Had the deals died once the cars crossed the block, the sell-through rate would have been about a third. Yet the sale cracked $1 million, so this must be considered a pretty good day. In an attempt to keep the quality of cars up, the consignments were cut off at 135 cars for the sale. This was within spitting distance of the usual number of consignments seen over the past few years. Another pleasantry—which may have been a by-product of the cut-off—was that the number of reruns was almost nonexistent. There were only three, and Blaine, MN all at the end of the sale. To echo the current national market, it seemed like the higher quality cars were more apt to find new owners, and lesser cars made bidders sit on their hands. This was almost universal across all types of collector vehicles, with 1960s and 1970s luxobarges taking the biggest hit. A combination of gas at $3.69/gallon on sale day, along with unprocessed cars fetching $100/ton across the scale at the local crusher, makes selling grandpa's 1972 Chrysler as a collector car look like Mission Impossible. ♦ Sales Totals $200k $400k $600k $800k $1m $1.2m 2008 2007 2006 2005 2004 Sports Car Market

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MidAmerica Auctions Blaine, MN ENGLISH #122-1976 MG B convertible. S/N GHN5UG407927G. Orange & gray/black vinyl/black vinyl. Odo: 57,858 miles. Reaganera repaint with several touched-up nicks. Newer application of reproduction body side graphics. Rubber baby buggy bumpers literally soaking in about a quart of silicone protectant, body side brightwork heavily dinged up at ends. Aftermarket antenna and plus-one size #5-1973 VOLKSWAGEN SUPER BEETLE convertible. S/N 1532994387. Lime green/black cloth/black vinyl. Odo: 19,135 miles. Mileage claimed original. Well preserved paint is 85% original according to the seller, with some light overspray apparent in driver's side door jamb. Original bumpers cloudy, rears rusty. Tons of aftermarket chrome, stainless, and alloy trim bits have been added. Running boards blistering under the rubber covering. then clear coated. OEM grade replacement dash top. Serviceable original seat hides under aftermarket sheepskin covers. Cond: 3-. SOLD AT $7,685. The consigning dealer, who specializes in these, dropped the reserve when the bidding stopped. Clearly, he knew well enough that this was market value for what was basically a dressed-up heavily used car. American Racing alloy rims fitted. Older replacement top and interior vinyl done no worse that the Brits originally did, original carpet threadbare and coming loose in a few places. Cond: 4+. SOLD AT $3,074. Since it seemed to run out as well as a '70s MG B could, no harm was done by being the top bidder here at this money. Not well bought, but a driver until it drops or things start to get expensive. GERMAN #55-1964 VOLKSWAGEN BEETLE sedan. S/N 6208184. Light green/green vinyl & cloth. Odo: 25,880 miles. Good older restoration is staring to age. Presentable older repaint, most weatherstrips replaced. Broom handle engine lid prop, motor appears to be built and restored to stock specs. Original-style seat reupholstery job and door panel redo, reproduction dealer accessory rubber floor mats. Consignor claims brakes were damaged when the car was trailered in (it appears to have had Well preserved original top and interior, although both have some light aging and wear. Bottom of the pan has some heavier surface rust. Cond: 3+. SOLD AT $11,872. This was a one-year-wonder paint color, and it was only applied to convertibles. While the car crossed the block with a $20k reserve, the seller woke up to reality and took the final bid immediately after it left the auction block. Fully priced, as low-mile '70s VeeWee rag-tops seem to show up at most auctions. #96-1978 PORSCHE 911SC coupe. S/N 9118202368. Guards Red/tan leather. Odo: 111,052 miles. U.S.-spec/California-spec. Factory power sunroof, 1990s vintage 911 alloy wheels on tires in need of replacement. Formerly owned by ex-pro wrestler, ex-actor, and ex-Minnesota governor Jesse Ventura. Nice OK once coaxed. Door panel tops starting to peel loose from where they were originally pinched into place. Moderate interior wear, especially on seat edge piping. Cond: 4. SOLD AT $3,286. I've been one of the advocates of the RX-7 as a future collectible, but that's for cars with light wear, not tired old trouts like this one. While not a beater yet (unless there's something expensive going on with the motor), this wouldn't be much more than a driver until it wears to the point of being made into an SCCA racer. This price was all the money in the world. a brake line breached), along with having a flooding issue due to newly installed electric choke. Cond: 4. SOLD AT $6,466. Last seen at Barrett-Jackson's Scottsdale event in January '00, where it sold at $7,155 (SCM# 5545). The seller dropped the earlier set reserve once the bids got past $6k. Since this was the same consignor who had lot 56, a 1963 Beetle, he probably decided to cut his losses and answer the call of reality. If it was running and stopping, it would've easily been a condition 3+ car. For someone well versed in VWs, a couple of bucks can be made here, but not much. 64 older repaint, replacement windshield poorly installed, cracking rear quarter window seals. New fuel lines, power windows, and transmission bushings. Heavy wear on driver's side seat bottom makes sense. Cond: 3-. SOLD AT $11,024. A frequent flyer on the auction circuit, this was bid to $11,500 at MidAmerica's Minneapolis event in September '05 (SCM# 39341), and not much seems to have changed on it aside from it actually selling for a market price. #83-1979 MERCEDES-BENZ 450SL convertible. S/N 10704412034116. Light yellow/yellow hard top, brown cloth/tan leather. Odo: 160,328 miles. Freshly repainted California-spec car done well enough with almost no masking lines but some light overspray here and there. Buffing on right rear quarter has burned through to original paint. Freshly installed OEM soft top, with the hard top also on site. Used car dealer-grade engine bay prep, Sports Car Market AMERICAN #98-1926 DODGE BROTHERS SERIES 126 4-dr sedan. S/N A698264. Dark blue/black vinyl/black leather. Odo: 39,489 miles. Vintage accessory running board step plates, collapsible parcel holder, black vinyl trunk, driver's door clamp-on mirror, electric dashboard defroster JAPANESE #9-1985 MAZDA RX-7 GS hatchback. S/N JM1FB331XF0909284. Gunmetal/maroon cloth. Odo: 75,042 miles. Fading original paint, especially on hood and roof. Highly chipped paint on nose looks almost like it had a different color spattered on it. Door seals starting to crumble, average used car engine bay and undercarriage. Rather difficult to start, but runs

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MidAmerica Auctions Blaine, MN fan, Boyce Moto Meter, and “fatman” folding steering wheel. Repaint likely a half-century old over haphazard fender repairs, roof vinyl also likely replaced at that time. Older chrome replating now with some light pitting. Well preserved original rear seat, front seat heavily worn. Heavier wrinkling of original door panels. Cond: 4. SOLD AT $4,770. Hardly an original time capsule, but rather gussied up when old cars started to actually get saved rather than junked after WWII. While not even close to '50s restoration standards—what little they were then—at least the basic car was saved. Not cost effective to have restored, but worth it if self-restored by a hobbyist owner. #57-1940 MERCURY EIGHT coupe. S/N 99A207466. Maroon/gray cloth. Odo: 92,830 miles. Recent high-quality body-on-frame restoration. Repaint with authentic sheen, excellent bumper rechroming, all reproduction trim fitted. Period aftermarket fog lamps, recently rebuilt flathead with Edelbrock aluminum heads, intake, and twin Stromberg 97s. Electrics converted to 12 volts. Interior restored with a bolt of NOS fabric and with NOS fixtures. While parts of doors polished, rest of paint very dull and faded. 1953 Ford truck flathead V8 under the hood, original V12 available separately for $1k. Seats have remnants of original leather, with much of the front seat torn up. Cond: 5+. SOLD AT $14,416. I know the consignor of this car through membership in the local chapter of LCOC. When I last saw this car at a club function, he reported that it ran quite well but was a bit sluggish. However, like a lot of us, he needed to trim down his collection and consigned it here. Both the car and the V12 were bought by a local dealer, who will rebuild the motor to make it whole and put into his collector car dealership, but I don't see too much financial upside here. #103-1956 FORD THUNDERBIRD convertible. S/N P6FH318493. Colonial White/white vinyl & hard top/red & white vinyl. Odo: 70,867 miles. 312-ci V8, 4-bbl, auto. Factory options include both tops, pb, power seat, engine dress-up kit, and Town & Country radio. Claimed to be unrestored with original mileage, yet wears one better quality older repaint. Good original chrome and trim with light scuffing. Typical T-Bird poor door the dealer to install or bought over the parts counter. This was bid to a $17,250 no-sale on the block, but within five minutes, both parties met in the middle. Having watched another '62 M-code hard top sell at Mecum's Kansas City sale last December for $27,300 (SCM# 47885), I consider this well bought. #123-1965 FORD MUSTANG convertible. S/N 5T08T773577. Red/white vinyl/parchment vinyl. Odo: 98,678 miles. 200-ci straight 6, 1-bbl, auto. Mediocre older repaint in generic red in lieu of the original Poppy Red, newer reproduction parchment interior in lieu of the original black with white inserts. Valve cover and air cleaner painted red, rest of engine bay attacked with several rattle cans of semi-gloss black. Came down with a bad case of flooding on the block, the owner of the auction company mentioned he had driven this car about 20 miles, and he said it drove and rode as tight as any new car. Cond: 2-. SOLD AT $42,400. Going into its second year, the Mercury got better looking with sealed beam headlights and a more finely detailed grille. One of three cars owned by a well-known and respected new car dealer who retired and needed to sell out due to illness. The final bid went to $37,500, and when the auctioneer announced that it would take $40k to meet the reserve, the last bidder took it, selling the car. #53-1948 LINCOLN CONTINENTAL convertible. S/N BH181940. Black/tan canvas/blue leather. Odo: 94,062 miles. Factory build-out card documents original color combination of Grotto Blue with tan top. Fitted with overdrive, heater, radio, fog lights, and side mirrors. Repainted several decades ago and now starting to rust out, with obvious issues along rear fender to body joints. Hood and alignment, other panel gaps OK. Cylinder heads rebuilt and transmission resealed within the last few years. Soft top and carpeting in better condition than original faded door panels and seats. Cond: 3. SOLD AT $30,210. The couple consigning the car announced that the proceeds from the sale of the car were going to their church's missionary program. I doubt that made the bidders get generous, and the sellers cut it loose when bidding stopped short of their $35k reserve. Well sold. #131-1962 FORD THUNDERBIRD 2-dr hard top. S/N 2Y83M172919. Light blue/blue vinyl. Odo: 29,417 miles. 390-ci V8, 3x2-bbl, auto. Consignor claims correct mileage. High quality older repaint aside from one-year-old collision repair and repaint to left front fender. Front bumper replated at that time but still matches newer replating job at rear. Other trim and emblems well-preserved originals. Clear plastic wind deflector mounted ahead of vent windows. Recently sorted out induction, with correct 1962 M-code components. Well preserved original interior, right side taillight is out. Cond: 3+. SOLD AT $20,140. One of 26 “M-bird” 2-door hard tops made in 1962. The 1962-63 M-birds were the only Ford products fitted with three deuces at the factory. All other FoMoCo three-carb setups were either shipped in the trunk for 66 and wouldn't start for love, money, or incessant cursing by the president of the auction company, who was trying to get it started when the assigned driver couldn't. Cond: 3-. SOLD AT $9,752. Probably because of its bad case of stage fright, the reserve was cut loose when folks quit bidding. There must have been quite a few folks who figured that the one-pot carb on the six would be an easy fix—and a few of them might have had a 289 or 302 just waiting for a new home. #32-1966 FORD MUSTANG Sprint coupe. S/N 6R07T196000. Wimbledon White/black vinyl. Odo: 67,223 miles. 200-ci straight 6, 1-bbl, auto. Recent California import, via Nebraska, kitted out in its original color scheme. Older repaint presents well, most chrome and trim replaced with modern repops, some chipping of the quarter window seals visible. Moderate clean Sports Car Market

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MidAmerica Auctions Blaine, MN up and detailing to engine bay, newer economy radial tires on original steel rims. Older interior restoration from a better quality kit shows some light wear overall. Cond: 3. SOLD AT $8,056. The Sprint Six was a gussied-up six-banger, with a chrome air cleaner and valve cover, threeprong spinner wheel covers, side ornament delete, rocker panel trim, and console interior. The package was offered to help stimulate sales of six-bangers... gee, do I sense a new 2009 Mustang trim package? With $4 per gallon gas, folks are starting to wake up to six-bangers being decent drivers. Not a perfect example, but bought well. #69-1967 PONTIAC GTO convertible. S/N 242677P166834. Signet Gold/black vinyl/gold vinyl. Odo: 15,156 miles. 455-ci V8, 4-bbl, 4-sp. PHS documentation. Average older repaint in 2000 with some fisheyes on the deck lid. Doors rattle when shut, but fit is good. Presentable original trim quality in line with paint. Circa 1970 455 installed. Newer engine repaint, generic corrugated radiator hose fitted. Homemade wiring harness with heavier than light dings and scratches on rear flanks, and a slight dent in driver's door. All original chrome and trim scuffed but presents well. Original top serviceable, white seat vinyl and door panels are far too bright to be 41 years old. Cond: 4+. SOLD AT $36,570. Yes, Virginia, you could get wire wheel covers on your GTO when new. Sure, these 14-inchers were the same as on any other Tempest family car in '67. Today, you never see them, as over the years, anyone who would even so much as pretend to be a street racer would ditch them for aftermarket wheels or Pontiac Rally I or II wheels. There was a ton of interest in this car due to its relatively original state, and it was a far better buy at more money than the '67 offered as lot 69. #67-1968 SHELBY GT350 fastback. S/N 8T02J19319702088. Red & white/black vinyl. Odo: 66,696 miles. 302-ci V8, 4-bbl, 4-sp. Marti Report confirms ps, pb, Tilt-away column, and Sport Deck rear seat. Expertly repainted 14 years ago and still holds a good sheen, some light polishing swirls visible. Factory Ford panel and door gaps. Older engine repaint and detail mostly just topical. Well Runs out quite well, but has stinky old gas in it. Cond: 1-. SOLD AT $206,700. Bid to $190k on the block, but within the hour, it was announced that the car had sold, making it the top sale of the day. The consignor, who also had the Boss 302 and both of the Shelbys here, was hoping to see $225k. While Boss 429s have seen some cooling in price, this was a good buy, especially compared to the $288k sale of a lesser '69 Boss 429 the weekend after at Mecum's auction in Indianapolis. #129-1970 CHEVROLET CAMARO RS/ SS 350 coupe. S/N 124870L525555. Daytona Yellow/black vinyl. Odo: 66,566 miles. 350-ci V8, 4-bbl, auto. Per the remains of the original build sheet, this is an actual RS/SS with optional a/c. Completely disassembled when restored in 2004. High-quality repaint to better-than-original specs, reproduction trim and emblems fitted. Restored 5-spoke SS wheels, stock cables fabricated for replacement voltage regulator. Interior original aside from front seat vinyl, with door panels, carpeting, and rear seat soiled and faded. Cond: 4+. SOLD AT $30,740. Another case of a seller abusing the word Survivor™. Survivors don't have a couple of paint jobs under their beltlines and piecemeal replacement of worn-out seats. This was clearly gussied up over the years when the owner could afford it. The reserve was off at $28k, so it was sold well. #72-1967 PONTIAC GTO convertible. Tyrol Blue/white vinyl/white vinyl. Odo: 17,228 miles. 400-ci V8, 4-bbl, 4-sp. Consigned by the original owner. Factory optional ps, pb, electronic ignition, tinted windshield, light package, tilt column, center console, AM radio with rear speaker, and wire wheel covers. Original paint with lots of battle scars, including chips to nose, preserved original interior, with commensurate patina on the seats, steering wheel, and carpets. Cond: 3. SOLD AT $74,200. Before the auction, the consignor told me he expected to see $75k out of this. If not from the final bid, then because he had an offer on the car for that much outside of the auction house. Since it left the block as a no-sale at $67k, it looks like it was sold post event, as this result was released with the company's official results. #58-1970 FORD MUSTANG Boss 429 fastback. S/N 0F02Z11042. Grabber Blue/white vinyl. Odo: 25,642 miles. 429-ci V8, 4-bbl, 4-sp. Kar Kraft build number KK2153. Marti Report confirms equipment. Concise concours-quality full restoration with repaint to factory specs, including generally the same overspray patterns on undercarriage. Replated or replaced brightwork, excellent quality engine detailing. Expertly restored interior with mostly new reproduction components. rebuilt powertrain to slightly warmer than stock. Concours grade engine detailing with all GM components, fully restored interior with reproduction soft trim. Even the dashboard appears to have been disassembled and restored. Cond: 2. SOLD AT $23,850. This was a no-sale across the block at $21k, but it was declared sold after a deal was put together post-block. As all second-generation F-bodies continue to increase in value, this was bought very well. #106-1991 CHEVROLET CORVETTE coupe. S/N 1G1YY2382M5117820. Black/ black leather. Odo: 60,471 miles. 350-ci 245-hp fuel-injected V8, auto. Plexiglas top has a fistsized chunk reglued at the driver's side front corner. Average quality repaint, moderate fading of front and rear emblems. Stock alloy rims shod with older unidirectional Falkens, which are nearly down to the wear bars. Heavier interior wear than expected, DIN-mount aftermarket faceplate stereo replaces the stock unit and power amp is not so neatly tucked behind the passenger's seat. Cond: 4. SOLD AT $8,215. Rode hard and put away wet best describes this one. The $7k reserve was easily exceeded, but this can be considered better sold than bought.♦ 68 Sports Car Market

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Bonhams Northamptonshire, UK Rolls-Royce & Bentley Motor Cars The Rolls-Royce collector market proceeded graciously as Bonhams returned for its traditional sale at the major annual club meet Company Bonhams Date June 21, 2008 Location Northamptonshire, England Auctioneer James Knight Automotive lots sold / offered 28 / 33 Sales rate 85% Sales total $1,725,535 High sale 1919/20 Rolls-Royce Silver Ghost Alpine Eagle, sold at $335,819 Buyer's premium 15% up to $58,950, 10% thereafter, included in sold prices ($1.00 = £1.99) A packed tent at Kelmarsh Hall Report and photographs by Paul Hardiman Market opinions in italics W ellington boots, Barbour waterproof coats, and big dogs are the order of the day at this country sale under canvas, which combines with the Rolls-Royce Enthusiasts' Club's annual rally at a minor stately home in Northamptonshire. Plenty of Dutch, Italian, and French accents—plus a Japanese here and there— were heard at this busy gathering, which serves as much as a social catch-up for marque enthusiasts and dealers as an opportunity to shuffle around some of their rolling stock. Here, under Jamie Knight's gavel, the genial and sold for just $58,754. Biggest lot, literally, was the gargantuan 1962 Earls Court Motor Show James Young Phantom V, which sold for $128,315, and one of the most desirable was the Bentley S3 Continental Flying Spur, until recently owned by Richard Straman and in excellent order. It found a new owner for an on-the-market $132,638. Furthest from the podium, there was the usual variety of Shadows and their Northamptonshire, UK crowd soaked up a respectable 85% of the cars offered, with top sellers being two Silver Ghosts that sold for $197,483 and $335,819, the former a splendidly original-looking Park Ward 1921 Salamanca (actually an older restoration that Bonhams had sold before), and the latter a delightful near-concours 1919 Alpine Eagle dual-windscreen tourer by Hooper, the auction's high sale. One of the best buys in purely financial terms was the 1935 Bentley 3½ Sports saloon by Park Ward that had swallowed up more than $150,000 in the past decade, and while still not perfect, it was very appealing 70 derivatives, from the rusty opening lot that went for just $3,164 (and will almost certainly be broken for spares) to a ten-year-old and mint Arnage selling for approximately $10,000 under retail and destined to go straight back into the trade. Two very nice early steel-bumper Shadows failed to sell, but a less good Bentley T1 saloon did, for $12,429. Two Cloud-se- Sales Totals ries cars included a Bentley S2 once owned by Sean Connery. And there were restoration projects for the brave—from a 20hp tourer that should be quite straightforward at $14,688 to a coachbuilt James Young Bentley R-type that will need a lot of commitment and a very skilled body man. It fetched $13,559. Prices by and large were just under mid-es- timate, proving either that Bonhams is right on the ball, or that the collector car market, in this specialized niche area, is holding up well. ♦ Sports Car Market $500k $1m $1.5m $2m 2008 2007 2006 2005 2004

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Bonhams Northamptonshire, UK #224-1919 ROLLS-ROYCE 40/50hp SILVER GHOST Alpine Eagle dual cowl tourer. S/N 25AE. Eng. # LH21. Two-tone green/black cloth/burgundy leather. RHD. Odo: 3,877 miles. Coachwork by Hooper. The star of the show. The Alpine Eagle has more compression, taller differential gearing for “more relaxed cruising,” and nine-leaf rear springs. #207-1929 ROLLS-ROYCE 20hp Fully Convertible Sedanca tourer. S/N GVO3. Eng. # U9F. Black & cream/black vinyl/brown leather. RHD. Odo: 58,206 miles. Coachwork by Windovers Ltd. Looks very original, with rare and intriguing three-position Salamanca- of $12k, proving that someone thought there was still some mileage left in it. #231-1926 ROLLS-ROYCE 20hp tourer. 1995 restoration with near-concours engine bay showing lots of polished copper and brass. All original factory fittings, but leather may not be very old. Auster rear screen, Zeiss auxiliary lights, Lucas mains. A former RREC concours winner. Cond: 1-. SOLD AT $335,819. The best cars continue to pull down top prices, whatever the economic climate. This one brought $20k over its high estimate of $314k, and it can still be considered a decent buy at that price. #212-1921 ROLLS-ROYCE 45/50hp SILVER GHOST Salamanca cabriolet. S/N 182AG. Eng. # 0313. Black & green/red leather. RHD. Odo: 3,765 miles. Coachwork by Park Ward. In the U.S. from 1930-1970. Older restoration still mainly good, although wheels could use refinishing. Clean carpets, very nice dash the more desirable 4-speed right-hand change rather than early cars' 3-speed central shifter. Cond: 2. SOLD AT $106,700. First registered to Sir Malcolm Campbell, but “celebrity” status hasn't boosted its value here. There have been a lot of Campbell cars on the market, but this was a nice example with no stories, and it sold at an honest price. #203-1928 ROLLS-ROYCE 20hp limou- sine. S/N GBM2. Eng. # E3X. Green & black/ black leather & buff cord. RHD. Odo: 699 miles. Coachwork by Park Ward. A few ripples in body, but paint and plating still nice throughout. Fair under the hood, with some build-up and fittings, leather benches show a nice patina. Huge Lucas headlamps and all other nickel plating perfect. Cond: 2. SOLD AT $197,483. Expected money for one of the most elegant Ghosts. First sold by by Sotheby's at Donington in April '76 for $48,607 (SCM# 17302), later seen again at Bonhams Northamptonshire in June '02, where it sold at $101,250 (SCM# 28703). Well bought and sold. Again. #230-1926 ROLLS-ROYCE 20hp tourer. S/N GCK81. Red. RHD. Rolling chassis basket-case with engine and the start of a tourer rebody. Part-built dash with only an oil gauge installed, but comes with two big boxes of spares, two gearboxes, and the doors. Cond: 5. SOLD AT $14,688. From a deceased estate. The 20hp is not the most desirable of the “small” Royces, and this one still had a long way to go. It sold slightly over its low estimate 72 around exhaust manifold. Dash all there, black leather in front splitting and torn, cloth-upholstered rear is good. Recent new MOT. Cond: 3-. SOLD AT $37,286. A usable 20 or 20/25 is always worth having, so even though this was near the top range of the pre-sale estimates, I'd say it was a fair deal for both parties. Sports Car Market and timber all in good shape aside from some lacquer splitting. Some small dings in wheel discs, engine bay could do with a tidy and some detailing. Cond: 3+. SOLD AT $56,494. $3k under bottom estimate, but fair for a nonconcours car that's perfectly usable—it was driven to the sale from Ireland. Well bought and sold. #227-1932 ROLLS-ROYCE 20/25hp sedanca de ville. S/N GAV69. Eng. # U2P. Cream/red vinyl/red leather. S/N GYK74. Eng. # G1893. Blue/black cloth/brown leather. RHD. Odo: 5,671 miles. Coachwork by Maythorn. Restored in 1998 including rewire and retrim, new nickel plating, and new top. As a post-'25 model, this has style body. Leather only fair, carpets discolored, nasty modern bulb holder spoils one Grebel headlight. Non-original engine, cylinder head cracked, registration documents missing. Cond: 3. SOLD AT $67,793. $10k over top estimate, and well sold considering it was hardly a driveaway proposition and had approximately zero effort put into presenting it for sale. #221-1932 ROLLS-ROYCE 20/25hp Sports saloon. S/N GHW43. Blue/black vinyl/blue leather. RHD. Odo: 17,041 miles. Coachwork by J. Gurney Nutting. Found neglected in the '90s, now with good body and straight lines under older repaint. Blue leather

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Bonhams Northamptonshire, UK RHD. Odo: 83,305 miles. Coachwork by Thrupp & Maberly. Body straight, all plating good, nice timber, new leather to front. No known mechanical issues, recent works include rebore, new pistons, and new cylinder head. Engine compartment very tidy. Complete with drink cabinet in rear compartment. Cond: 2-. SOLD AT $54,234. A sharp car needing nothing, and it looks like a good value at well under the low estimate of $62,900. #229-1935 BENTLEY 3½-LITER Sports saloon. S/N B16DK. Eng. # T7BJ. Two-tone blue/tan leather. RHD. Odo: 68,175 miles. Coachwork by Park Ward. Not perfect, but it's had over $150k spent on a long-term restoration. Hood fit is a bit off, other panel gaps as-new. included). Interior excellent, timber in good order, leather has been reconditioned. Plating all good, and a few small dings in the wheel discs are hardly noticed. Cond: 3+. SOLD AT $63,273. Last seen at H&H's Buxton sale in July '06, where it sold at $46,670 (SCM# 42505). This just goes to show that great history (it was originally one of Jack Barclay's personal cars) and attractive personality can overcome cosmetic flaws. Well sold at mid-estimate money. #215-1949 BENTLEY Mk VI 4¼-LITER saloon. S/N B240DA. Eng. # B120D. Gunmetal/gray leather. RHD. Odo: 37,847 miles. Coachwork by HJ Mulliner. Slightly Very sharp headlights and chrome, good leather, new cylinder head in clean engine compartment. Cond: 3+. SOLD AT $58,754. This must represent super value at less than half the restoration cost and at slightly below the low estimate of $59k. As always, let somebody else take the brunt of the restoration costs whenever possible. #211-1936 ROLLS-ROYCE 25/30 hp saloon. S/N GTL28. Eng. # Y24E. Black/brown cord. RHD. Odo: 98,741 miles. Coachwork by Park Ward. Reportedly restored in 1986, but years of storage have not been kind to it. Poorly aging paint, plating wearing through on odd-looking slabby body does it no favors, but creases, shut lines, and paint are good, as are the lights and all the plating. Inside nice but for dull timber and inertia-reel seatbelts. Engine bay tidy, no paperwork or history aside from Dutch registration papers. Cond: 2-. SOLD AT $33,896. From a deceased estate, much of which Bonhams shifted in Paris in February, and offered without reserve with a wide estimate range of $30k-$50k. In nice condition overall, this can be considered a decent deal at the price paid. #206-1950 BENTLEY Mk VI 4¼-LITER headlamps. Nice interior with good timber and lacquer, brown cloth seats in good condition. Mechanicals unknown except for new clutch and starter in '86. Cond: 3-. SOLD AT $40,676. Unremarkable, but would probably readily clean up into a slightly faded driver. It's not exactly what the market is looking for right now, which explains a price $5k behind the low estimate. #223-1936 ROLLS-ROYCE 25/30hp sedanca de ville. S/N GTL76. Eng. # G24V. Burgundy/biscuit leather. RHD. Odo: 55,760 miles. Coachwork by HJ Mulliner. Older restoration still attractive, although recent repaint over wrinkled body is already cracking in places (and there's a big can of spare paint 74 2-dr saloon. S/N B94HR. Eng. # B47H. White/red leather. RHD. Odo: 9,635 miles. Coachwork by James Young. Rot well into the windshield pillars, fit of huge doors way off. Chrome is rusty, tail lights missing. Chassis a little dull, leather still fresh. Cond: 3+. SOLD AT $41,805. This low-estimate price range is safe territory for an S1, and the money should get you a car with no issues. This looked like it was just that, so it can be considered well bought. #226-1961 BENTLEY S2 saloon. S/N B700CU. Eng. # 572CB. Two-tone gray/red leather. RHD. Odo: 69,313 miles. Formerly the property of Sean Connery (from 1974 to 1979), but now just a very average S2. A few dings and scrapes in the body, fair dash and leather. Plating in good order throughout. Cond: 3. SOLD AT $35,026. $5k over the top estimate of $29,500, and fairly strong money for a usable Cloud/S-type. The Connery provenance likely Sports Car Market mostly good with a couple of cracks in the dash. Engine bay grubby but with no leaks or obvious issues. Cond: 3. SOLD AT $22,598. The owner had driven it 120 miles from Cheshire, and he obviously didn't want to make the return journey. Well bought at a little under the low estimate. #234-1956 BENTLEY S1 Standard Steel saloon. S/N B158BA. Eng. # BB79. Green/ brown leather. RHD. Odo: 44,415 miles. Restored in 2000 and still very good in the body and paint departments. Plating bubbling on door handles but OK everywhere else, dash top isn't bad though, and the engine is said to run and have good oil pressure. Timber and leather don't look too bad. Cond: 4. SOLD AT $13,559. These massive coachbuilt machines are marvelous... until they go all pear-shaped, and this one was a bit of a catastrophe. Sold in middle of the estimate range, but these are terrifyingly expensive to restore properly, so it's hard to see how a buyer would get his costs back. A brave buy. #214-1953 BENTLEY R-TYPE 4½-LITER saloon. S/N B328SR. Black & white/gray leather. RHD. Coachwork by James Young. Fair older repaint with a few bubbles, door fit a bit off, back bumper chrome rippled. Inside is

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Bonhams Northamptonshire, UK #232-1971 ROLLS-ROYCE SILVER SHADOW 2-dr saloon. S/N CRH9543. Silver & blue/blue leather. RHD. Odo: 93,063 miles. Coachwork by HJ Mulliner, Park Ward Ltd. One of the last built before the 2-doors were renamed Corniche. Unusually, it has a contrasting painted roof instead of Everflex. In sound order with some wear to leather and paint, good helped this car achieve this price, and while it was generally nice throughout, the same money would buy one in better condition. #225-1962 ROLLS-ROYCE PHANTOM V Touring limousine. S/N 5VA7. Eng. # A4PV. Silver & gray/gray leather. RHD. Odo: 88,313 miles. Coachwork by James Young. Elegant, and a mammoth 20 feet long, this was James Young's display car at the 1962 Earls Court Motor Show. In the U.S. from 1972-1989, history is available from before 2005. Cond: 3+. SOLD AT $12,429. $650 over bottom estimate. The lower end of the classic market has taken a hit recently, with Turbo Rs now available at $15k, but this rare early example of the first of the big Bentleys with added handling and an attractive color stood out. Well sold. history file. Cond: 3+. SOLD AT $14,688. This failed to sell at Bonhams' Hendon auction in February '03, when it reached only $12,084 against a $17,500 reserve (SCM# 30760)—and this was at a time when the dollar was worth more against the pound. Since the current price was $10k under the bottom estimate of $24k, the owner must have decided it was time to cut his losses. restored in the U.K. in the early '90s. Body straight with a few tiny dings, good rechrome with slightly rippled rear bumper. Good leather and excellent dash, almost perfect veneer and tables. Engine heater and a/c fitted. Cond: 2. SOLD AT $128,315. Sold just about on top estimate. This was one of only 13 bodied by Young, so it was almost unrepeatable. Well bought and sold. #228-1963 BENTLEY S3 CONTINENTAL Flying Spur saloon. S/N BC168XA. Eng. # 84ABC. Blue/tan leather. RHD. Odo: 45,046 miles. Coachwork by HJ Mulliner. The Spur is the 4-door Continental, of which 86 were built. Owned by Richard Straman from 1989-2007, restored once back in London. Originally Mist Green, now very straight body shows wellapplied new paint. Mint interior, tidy underhood components. Cond: 2+. SOLD AT $132,638. A bit under the low estimate of $128k. All Continentals were set to rise a couple of years ago, but they remained static. This was a very good value, as these super grand tourers can't stay this cheap for long. Well bought. 78 door caps (which look intact underneath) have been covered with odd aluminum “finishers.” Leather might be savable. Cond: 3-. SOLD AT $3,164. This managed to undercut even the recent succession of cheap old Shadows hitting the market in recent months, selling for approximately half its lower estimate. With gas about to hit $3 a liter in the U.K., everyone's nervous about buying thirsty, cheap old smokers. With the state of this one's hydraulics unknown, the cost of recommissioning could write it off. #202-1985 BENTLEY EIGHT saloon. S/N SCBZ58004ECH09865. Black/buff leather. RHD. Odo: 61,509 miles. Good overall appearance. A few bubbles in door paint, but no rot anywhere, and rear arches are good. Leather is discolored but will probably clean up. Apparently well maintained, but no service interior. Cond: 1-. SOLD AT $58,754. Values of the $300k+ new Arnage dropped like a stone from the start, but this is about $10,000 under retail and as such must represent a good buy. I wouldn't be surprised to see this offered by a dealer at retail pricing in the near future. ♦ Sports Car Market #201-1972 ROLLS-ROYCE SILVER SHADOW saloon. S/N SRH14138. Eng. # 14138. Silver blue metallic/gray leather. RHD. Odo: 85,910 miles. Presentable from ten yards. All usual model minuses present, including dull and flaking paint, bubbles in rear wheelarches, and pitted chrome probably due to years in storage. No MOT, hasn't run for a time. Timber dash isn't too bad, although front #220-1989 BENTLEY TURBO R Long Wheelbase saloon. S/N N/A. Metallic blue/cream leather. RHD. Odo: 19,300 miles. Chauffeur-driven for its first 11,000 miles. Body straight, paint largely good with a few small touched-in stone chips. Plating well done, excellent cream leather and all veneer including picnic tables. Some instruments moved from dash by factory in original stereo installation. Tidy engine bay, full service history. Cond: 2. SOLD AT $31,637. Sold after three bidders jumped in at $25,500. By $26k, auctioneer Knight was offering $400s (“I'll take 200 quid...”) and eventually beat this up to nearly $32k on the hammer after a $17k start. A fine effort, but a deserved price for such a well-kept example. #228A-1998 BENTLEY ARNAGE saloon. S/N SCBLB51E5XCH01467. Blue/tan leather. RHD. Just about as-new, with only one owner, but I couldn't determine the mileage. Nice paint and bright trim, unmarked glass, clean

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Corvette Market Keith Martin's 2ND ANNUAL CORVETTE MARKET SEMINAR Scottsdale, AZ • Friday, January 16, 2009 • 9–11 am “It's a no-holds-barred morning, with the guys who really know telling you what's hot and what's not, what to buy and why, and the ways the pros size up a car.” Once again, Keith Martin and Corvette Market magazine will bring you the absolute insider's take on the Corvette market. Last year was completely sold out, with over 200 Corvette enthusiasts attending. Watch this space for more details! For priority notification, email: seminar@vettemarket.com

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RM Auctions Tustin, CA Joe's Garage: The MacPherson Collection The star attraction was one of the most important Miller racing cars in existence—a Pebble-Beach-winning 1923 Miller 122 Supercharged Company RM Auctions Date June 14, 2008 Location Tustin, California Auctioneer Brent Earlywine Automotive lots sold / offered 67/67 Sales rate 100% Sales total $9,896,150 High sale 1923 Miller Supercharged 122 sold at $2,035,000 Buyer's premium 10% (included in sold prices) Every car and every bike sold at Joe's Report and photos by Rick Feibusch Market opinions in italics R are examples of Southern California automotive history crossed the block in Tustin, California, when RM Auctions offered the personal collection of Orange County automotive icon, the late Joe MacPherson. MacPherson, a well known SoCal en- thusiast, amassed an impressive collection of historic sports, racing, rods, and custom cars, as well as vintage motorcycles during his lifetime. Many of the cars and bikes exceeded projected high bids, including a supercharged 1923 Miller 122 that sold for $2,035,000, the legendary 1953 Chrisman Bonneville Coupe at $660,000 (profiled on pg. 44), and the late Dale Earnhardt's Winston Cup championship-winning 1994 Chevrolet Lumina, which brought $209,000. The one-day event attracted collectors from across the U.S., with total sales of cars and automobilia at almost $10 million. The star attraction of the sale was one of the most important Miller racing cars in existence—a Pebble-Beach-winning 1923 Miller 122 Supercharged, driven by such racing greats as Eddie Hearne, Ira Vail, Earl Cooper, and Bill Albertson. The car spurred a frenzy of bidding on the auction block before it hammered sold. Other race cars ranged from a Gurney-Eagle Indy car, which sold for $528,000, to a 1934/35 Ford Winfield that brought $451,000, plus the amazing Miller U16 Special, which netted $412,500. Others included a 1947 Kurtis midget with a Ford V8 60 flathead, several Offy-powered midget racers, a Baha 1000winning Chevy pickup, Indy cars from various eras, and dirt trackers. There also were 23 restored vintage motorcycles, many of them Tustin, CA racers, which brought a total of $1,474,000. Apart from the top-selling 1939 Crocker Big Tank V-Twin that brought $302,500, there were eight Harley-Davidsons and seven Indians, including a 1948 Big Base, which sold for $165,000. From the first years of the 20th century came a Pierce-Arrow, Yale, Wagner, Excelsior, Flanders, and Flying Merkel, from which you could have had your pick for between $30,000 and $60,000. Also on the block were MacPherson's collection of signs, models, and automobilia, as well as some amazing vintage speed equipment. In one way, it is sad to see such a fine collection sold off. On the other hand, now a bunch of people will be able to enjoy a little bit of Joe MacPherson's automotive dreams. Prices were about 10%–20% higher than expected, but this just goes to show that great cars, properly presented, will bring top dollar. ♦ 82 Sports Car Market

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RM Auctions Tustin, CA ENGLISH #255-1961 ROLLS-ROYCE SILVER CLOUD II saloon. S/N RR61LSWC370. Silver & black/red leather. Older quality restoration appears both slightly used and well maintained. Nice paint and panel gaps, superb chrome and trim. Impressive overall, but not so Collection in October '06 (SCM# 43478), and that sale price was as much as $50k above expectations. This flawless little racer easily surpassed its estimated high bid of $50k here, and it was still both well bought and sold. new and fresh that one would be afraid to drive it. Super-thin whitewalls date the restoration, but look great on the car. Cond: 1-. SOLD AT $34,100. These cars have been selling in the $35k-$40k range for years, although many are just dressed-up RHD rust buckets. This car appeared genuine, and the price paid was more than reasonable. FRENCH #246-1928 BUGATTI TYPE 35B Replica racer. French Blue/black leather. RHD. Amazing replica by Crosthwaite & Gardiner, restoration specialists and leading fabricators for original Bugattis. Visually and dimensionally identical to the original car. Built in 1990, seats and engine compartment. Cond: 1. SOLD AT $27,500. Sold at high estimate money. This price was higher than other, usually Ford, speedsters sell for, but it was very nice throughout and could be vintage raced if one wasn't worried about the perfect paint. The right buyer found it. TOP 10 No. 2 #240-1923 MILLER 122 Supercharged racer. S/N N/A. Eng. # 20. Green/brown leather. Magnificently restored 1923 Miller 122, driven by such racing greats as Eddie Hearne, Ira Vail, Earl Cooper and Bill Albertson. Displayed on a pedestal behind the bar like a large model car. Quality is beyond explanation, with considerable detail work completed throughout. Won Best in Class award at Pebble Beach in 2006. Still fitted with has seen limited use due to having lived in an Australian museum. Excellent condition throughout. Cond: 1. SOLD AT $214,500. A wonderful car in like-new condition. While it will never be as valuable as the real thing, it certainly has the right look, and here it was well bought at under the estimated low of $250k. AMERICAN #217-1911 FLYING MERKEL motorcycle. S/N WSNO5484. Orange. Bright orange paint catches one's eye from across the room. From the era where motorcycles were just beginning to look like cycles, rather than push-bikes, this looked like it was ready to race. One of the fastest bikes of its day, and presented in excellent overall condition here. Spotless. Cond: 1. SOLD AT $82,500. A Flying Merkel Model 50 brought $126,500 at Gooding's sale of the Otis Chandler 84 its original frame rails, front end, rear axle, engine, transmission, steering, brakes, and pedals. Cond: 1. SOLD AT $2,035,000. One of five race cars purchased from new by Cliff Durant, son of GM Founder William Crapo Durant. Its racing career kicked off with a 4th place finish at Indy in 1923 and proceeded through the years with multiple Indy and board track appearances. Great history and excellent condition saw it bring almost $1m over the pre-sale projections, and even at that price, it was a very good buy. See September 2008 “Race Profile,” p. 62. (Photo courtesy RM Auctions.) work, spotless interior and engine compartment. Cond: 1. SOLD AT $68,750. Obviously the bidders appreciated this car, as it was split between the estimated high and low bids at $68,750. As is the case with most hot rods in this market, the sale price here was well below what it would cost to duplicate it. A fair deal for both parties. #264-1934 FORD TUDOR sedan. Dark blue/tan leather. Another authentic and tastefully done old Ford. Dropped front axle, big and little whitewalls, red steelie wheels with later Ford caps and wheel rings, souped up flathead. Dark blue paint superbly done and maintained to perfection. To a lifelong California rodder like me, this one was #247A-1919 CHEVROLET racer. S/N 3943724. Blue/black vinyl. A flawless museum piece displayed next to the stage. Unusual alternative to the Ford Model T Speedsters that we see more often. Excellent paint, clean Company body fitted. Largely complete but needs finishing. Cond: 4. SOLD AT $137,500. This beautifully proportioned bare metal project would make a a great starting point for a high-end show car. Sold between the estimates, and worth every penny. #212-1934 FORD V8 Custom 5-Window coupe. S/N 18691562. Black w/orange flames/ black leather. 221-ci V8, 3x2-bbl, 3-sp. In superb condition all around. Not driven much since construction, and maintained very well. As with most of the cars in this collection, this car is true to traditional styles and done to concours quality. Excellent paint and flame #222-1932 FORD Custom V12 roadster. Unpainted steel/unpainted steel. 600-ci fuelinjected Falconer V12, auto. Frame sourced from the Deuce Factory with an additional 4.5 inches in length to contain the big V12. Reproduction steel Brookville Roadster Sports Car Market

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RM Auctions Tustin, CA perfect. Cond: 1. SOLD AT $55,000. This sold for $10k over the estimated high bid of $45k, so as was the case with most of the hot rods offered here, the bidders liked it as much as I did. Well bought and sold. #251-1935 MILLER FORD WINFIELD V8 racer. Blue & white/black leather. Part of a Preston Tucker-orchestrated deal, this very advanced Miller design was not completely developed for its first Indy, did poorly, and was hidden away by old Henry Ford for a few years. It then was redeveloped by Lew Welch, first with a 270 cube Offy, then re-engined bidders thought so as well, as it sold for nearly three times the estimated high bid of $20k. A very cool piece of vintage racing history, although not as significant as some of the other cars in this sale. #267-1950 FWD PUMPER fire truck. S/N pickup chassis. Nice older restoration has been extremely well maintained, but has also been driven and used. Minor wear everywhere, but nice and clean inside and out. Features original “artillery” wheels and yellow fog lamps. Cond: 2+. SOLD AT $39,600. Obviously the bidders liked this truck as much as I did, as they bid it up to almost the twice the projected high estimate of $20k. Consider the bar reset for this type of truck. #227-1940 FORD DELUXE Custom Club with a DOHC V8 developed by Ed Winfield and Fred Offenhauser with the help of Leo Goossen. Took 4th at Indy in 1941. Beautiful restoration in the Bowles Seal Fast livery of the 1941 Indy race. Cond: 1. SOLD AT $451,000. Sold for $100k over the projected high bid of $350k, and rightfully so, as it was a rare car with interesting, industry-connected history as well as a fantastic restoration. A good value at the price paid. #238-1937 FORD Custom Woody wagon. S/N 183438470. Red/black canvas/tan leather. New wood, superb body and paint, dropped axle, perfect hot rod stance, widened stock steelies and blackwalls. Hot Art Chrismanbuilt 276-ci flathead with a Cruise-O-Matic. Resto-rod Woodies are very dependent on '60s made a number of AMT '40 Ford coupe kits, and many of those undoubtedly looked just like this car. One couldn't ask for a nicer '40 coupe, and this one was stock enough to be still considered “original”—as in “mostly Ford.” It could easily be returned to stock, but it was such a great period piece that I doubt anyone ever would. A lot of money, but it could have gone for more. #236-1948 GMC roadster. S/N 68. White/ details, and this one is well done throughout. Cond: 1. SOLD AT $214,500. This car had a superb combination of an excellent restoration, tasteful period-style modifications, and celebrity builders. It was nice enough to gather a crowd throughout most of the sale day. Even though stock examples generally tend to bring higher prices, it was able to top its $200k high estimate without too much trouble. Well sold. #204-1938 CHEVROLET SUBURBAN CARRYALL wagon. S/N 5HCO25548. Two-tone green/brown leather. The second year for this early body style truck built by Yellow Truck & Coach on a standard half-ton 86 Sports Car Market black vinyl. Hand-built racer from the 1940s by Al Gray of Porterville, CA. Custom frame cradles 270-ci GMC truck six and is topped off with a '25 Ford T-bucket and turtle deck. Original workmanship and engineering is top notch for the time and appears to have been in reasonable condition before the restoration despite years of competition use. Nice paint, excellent detail work. Cond: 1. SOLD AT $57,750. This had a great period look, and the with plans and final design, but no running gear. Needs a lot of finishing, but will be amazing when done. Cond: 5. SOLD AT $28,600. This was a lot of money to spend on a car that still needed this much work. No matter how amazing it will be when complete, it was well sold at this price. TOP 10 No. 5 #235-1953 CHRISMAN BONNEVILLE Salt Flat coupe. Copper/bare aluminum. Purpose built in the early 1950s coupe. S/N 185337654. Black/black leather. Concours-quality restoration with tasteful and popular mods. Hot rodded flathead V8, dropped front axle, red steel wheels with chrome rings, and Twice pipes. Nice panel fit and paint, interior shows no visible use. Cond: 1. SOLD AT $66,000. Every kid who built model cars in the 1973 in Nebraska, with an index box of the residents, businesses, and local water sources in that area. Cond: 2. SOLD AT $12,100. This was a beauty and needed very little reassembly to look complete again, and it was a deal at $2k over the estimated high bid of $10k. Well bought. #260-1951 STUDEBAKER CUSTOM Fastback Woody sedan. S/N 8135881. Natural metal & wood. A half-built custom offered unfinished. Chassis, metal work, and the beginning of the wood fastback body, which was prodesigned but only partially completed. Comes 115440. Red/black vinyl. Paint looks new, although is cataloged as possibly being original. Needs chrome trim and fire equipment installed. A serious fire truck as opposed to a colorful, open-topped antique. Apparently last used in

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RM Auctions Tustin, CA by Art and Lloyd Chrisman for competition on the Bonneville Salt Flats. Sold to George Barris in the 1960s and modified with “gullwing” style doors, mags, and slicks. The car was featured on magazine covers, “The Many Loves of Dobie Gillis,” and made the show car circut. Later restored to its earlier dry lakes condition by the original builder. Spotless condition and equipped as raced. Cond: 1. SOLD AT $660,000. In the hot rod world, nothing compares to a highly-restored salt flats racer that was important from new, was rebuilt as a drag race-themed show car and movie prop car by George Barris, and then restored back to a salt shaker by the guys who built it the first time. Well bought. See profile, p. 44. #248-1954 CHEVROLET CORVETTE roadster. S/N E54S002464. Polo White/beige canvas/red vinyl. 235-ci 150-hp straight 6, 3x1-bbl, auto. Nice early Corvette in excellent condition. Typical variable panel fit and fiberglass surfaces, superb chrome and trim, proper Bob East, Paul Jones, Don Hawley, Jimmy Oskie, and Dean Thompson. CRA Points Champion in 1965, repowered with a Chevy V8 in 1974. Bruce, Sr. restored the car back to its 1966 condition including replacing the Offy engine. Looks new throughout. Cond: 1. SOLD AT $115,500. Superbly restored to a level much higher than when new, this sold for well over the projected high estimate of $80k, and it can be considered both well bought and sold at that price. age-correct whitewalls. Engine compartment done in original style and showing little or no use. Cond: 1. SOLD AT $90,750. Sold for $10k more than the estimated high bid of $80k. These cars are getting rarer, and finding one this nice is not especially easy. This just goes to show that really nice cars still bring good money, even in this market. TOP 10 No. 8 #234-1960 WATSON INDY racer. Blue/black. Built for Pete Salemi and Nick Rini. Indy 500 veteran Len Sutton drove in the 1960 500, qualifying 5th, but dropped out of the race due to engine trouble. Won at the Milwaukee 200, qualified 8th in the '61 Indy 500 and ran with the leaders until a clutch failure put the car out on lap 110. 2nd place finish at the 1961 Milwaukee 200, wrecked on the 17th lap of the '62 Indy 500. TOP 10 No. 7 #225-1966 GURNEY EAGLE AAR Indy racer. S/N 201. Dark blue/black leather. The first of the Indy Cars, and the ancestor of a long and successful line of AAR Eagles. While little is known of its early race history with AAR, 1972 saw it at Indy with Turbo-Offy power, driven by big-block V8, blacked-out trim, smooth maroon paint over flawless bodywork. Fitted with high-end Euro-style alloys. Cond: 1-. SOLD AT $8,250. This would cost at least three times the projected high bid of $20k to build. At this price it was an absolute steal, as the running gear alone is probably worth the money spent. This is the kind of money that a nice restored or original first-series Seville will sell for today, and this pro-made luxocruiser would be a whole lot more fun to drive. #257-1999 FORD TAURUS Winston Cup Carl Williams. It changed hands a number of times after that, eventually being purchased by Bob Sutherland who had it restored by Jim Robbins. The car looks like new and ready to race. Presently fitted with a fuel-injected Ford Indy engine. Cond: 1. SOLD AT $528,000. This sold for well over the estimated high bid of $400k, which says a lot for historically significant race cars finished to this level. #250-1970 CHEVROLET C10 Custom Discovered at a Wauseon, Ohio, Dairy Queen in 1981 still bearing the scars of the crash. Restored by race car builder Floyd Trevis. Cond: 1. SOLD AT $495,000. Superb quality restoration on a rare and desirable car, and not over the top even at almost $150k over the projected high bid of $300k. A number of the race cars here set records, which was almost certainly due to the 88 pickup. S/N CE140Z137176. Chrome Yellow/ tan leather. 502-ci fuel-injected V8, auto. Substantial custom features include squared and flared wheelarches, square headlights, shaved bumper bolts, shaved door handles and drip rails, wing window eliminators, and sport mirrors, among others. Styling details and construction quality to factory concept car quality. Modified big-block in character with the rest of the project. Cond: 1. SOLD AT $93,500. Pickups from the '60s and '70s have gained some value over the past few years, and racer. Orange/black vinyl. Built by Robert Yates Racing for the Daytona and Talladega circuits. Driven by '99 Winston Cup Champion Dale Jarrett, '00 rookie Scott Pruett, and Ricky Craven for PPI in '01. Once retired, amazing quality of the collection, as well as the market for vintage racers with good history. #245-1962 BROMME ANDY GUMP Sprint racer. Eng. # none. White & blue/black leather. Built by Bruce Bromme, Sr. over a three year period starting in 1959 while he was working at Hughes Aircraft. Powered by a 270-ci Offy, it was raced continually between 1962 and 1977. Driven by Allen Heath, although customization is not the best path to take in terms of return on the dollar spent, this one still brought a premium price. Very well done throughout, but well sold at over the high estimate of $80k. #202-1976 CADILLAC SEVILLE Custom 4-dr sedan. S/N 6S69R6Q466206. Maroon/maroon leather. 454-ci V8, 4-bbl, auto. Like most of the cars in this collection, this has been highly detailed and well maintained. Built as a daily driver in the early 1980s, later restored to a high level while being made into a customized version of its original design. Chrisman-built Cal Wells restored the car and presented it to Joe MacPherson—who was a financial partner in the car—for display at Joe's Garage. Looks unraced and detailed to the max. Cond: 1. SOLD AT $41,250. Every bit as well restored as the Earnhardt Lumina offered here as lot 221, but not with the same history. Well bought at a quarter of the $209k Lumina sale price. ♦ Sports Car Market

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Fantasy Junction 1145 Park Avenue Emeryville, California USA 94608 Phone: (510) 653-7555 • Fax: (510) 653-9754 www.fantasyjunction.com Investments in special interest, classic and high performance cars 1954 Maserati A6GCS, S/N 2053. Desirable and competitive car. $200,000 in Epifani Restorations receipts. Eligible for all events. FIA Historical Technical Passport. Correct spare A6GCS engine # 2067. John de Boer history. $1,950,000. 1967 Jaguar XK-E Series I, 4.2. Sympathetically rebuilt and properly maintained. Matching numbers. Original Suede Green leather interior with fresh original special order opalescent green paint. Lovely car in every way. Original tools. $78,500. 1967 Ferrari P4 Recreation by Norwood. Perhaps the most beautiful and exciting shape ever seen on a race car. Built to Norwood's usual exacting standards of quality and accuracy. Ferrari 4-cam, injected V-12. Alloy body. $365,000. 1935 Bentley 3 ½ Liter, s/n B5EJ. Unique Antem bodied open Bentley commissioned by Andre Embiricos. Wonderful example of French design, both elegant and rakish. Thoroughly documented, multi volume history. $295,000.

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Mecum St. Charles, IL High Performance at Bloomington Gold The “Tri-Five” trio stalled at $2.7 million, while a ZR2 convertible went out the door at $550,000, making high sale of the weekend Company Mecum Auctions Date June 27–28, 2008 Location St. Charles, Illinois Auctioneer Mark Delzell, Mike Hagerman, & Jim Landis Automotive lots sold / offered 131/292 Sales rate 45% Sales total $8,745,619 High sale Documentation equalled $247k for this '67 427/435 convertible Introduction by Dan Grunwald Report and photos by Dan Grunwald and Thomas Glatch Market opinions in italics T he annual Bloomington Gold Corvette extravaganza at Pheasant Run Lodge in St. Charles is a four-day affair with many special events and classes in all areas of 1971 Corvette ZR2 convertible, sold at $550,000 Buyer's premium $300 on the first $5,499, $500 from $5,500 to $9,999, 5% thereafter, included in sold prices St. Charles, IL Corvettism. If you attend, you can learn some of the finer points of restoration, judging, and analyzing that next possible Corvette purchase. You also discover how to make important decisions about the car you may already own. There is a well-attended swap meet with parts vendors selling anything and everything you may need or want for your Corvette, and major vendors of reproduction parts offer free catalogs and bargains. Mecum's annual auction started on Friday with sunshine and record crowds. Drivers of the lots on their way to the auction block had to carefully wind their way through the crowd, and bidder seating inside was at a premium. The first day of any car auction usually starts slowly, but this sale began with spirited bidding that didn't seem to stop until the last car crossed the block. This can be explained in part by the quality and rarity of the Corvettes on offer. Although there were no GM one-off show cars as in past years, there were plenty of high-level cars available. Forty-two Corvettes came from the collection of Fred and Terry Michaelis at ProTeam, and there was also no shortage of Survivors with unbelievably low original 90 miles. The European market has long held that a bit of patina is a valuable asset, but the Corvette market is still somewhat new to that concept, and many of the original cars offered didn't sell due in part to high reserves and the fact there were so many available here. Many beautifully restored Corvettes were also on offer, including the '55, '56, and '57 serial number one Corvettes offered by George Swartz and Al Wiseman. All three were in factory-new condition, and even though the trio was bid to a combined $2,700,000 ($850,000, $900,000, and $950,000, respectively), they went unsold. A rare 1971 LS6-equipped ZR2 convertible was the high sale of the weekend at $550,000, while a 1969 L88 convertible totaled $435,750. There were also some more pedestrian highlights, such as a 1979 with 875 original miles that pulled in $27,300 and an '81 with 2,998 miles that traded hands at $26,500. Both seemed like hefty prices, but each car was basically as-new, and nobody put away Corvettes of this vintage when they were new looking for future profit. This year's final total was up from $8.2 mil- lion last year to $8.7 million, with a respectable 45% sold. There seemed to be a consensus coming into this event that the market for the midrange cars was a bit flat; they just weren't seeing the stratospheric price increases we've seen over the past seven or eight years. But perhaps that meant newer collectors were able to get into decent Corvettes at reasonable prices. ♦ Sales Totals $2m $4m $6m $8m $10m $12m 2008 2007 2006 2005 2004 Sports Car Market

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Mecum St. Charles, IL #F66-1955 CHEVROLET CORVETTE roadster. S/N VE55S001576. Gypsy Red/light beige. Odo: 25,313 miles. 265-ci 195-hp V8, 4bbl, auto. Very good paint and interior, decent engine compartment with non-original smallblock engine. Period aftermarket hard top with mild scratches on Plexiglas, original side #F72-1962 CHEVROLET CORVETTE convertible. S/N 20867S113296. Tuxedo Black/black cloth/red vinyl. Odo: 2,620 miles. 327-ci 360-hp fuel-injected V8, 4-sp. 2,620 miles since full restoration. Paint, chrome, interior, and engine all excellent. Some scratches on hard top's plexiglas rear window. A near-perfect number grade pretty much irrelevant. Well bought and sold with that in mind. curtains and bags. A good looking '55 that can be driven and shown. Cond: 2. SOLD AT $75,525. Despite their shortcomings, there is a certain mystique to these early Corvettes. This was not a Top Flight restoration, but it won't end up as a “trailer queen” either. Well bought. #F126-1957 CHEVROLET CORVETTE convertible. S/N E57S103691. Venetian Red & white/white cloth/red leather. Odo: 57,466 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Paint and chrome in excellent condition, restored interior shows little use. Engine compartment clean and restoration. Cond: 2+. SOLD AT $67,000. Last seen at Mecum's Spring Classic in Indianapolis in May '08, where it sold at $78,750 (SCM# 116877). A black and red '62 fuelie is a striking Corvette. This was not genuine enough for Bloomington Gold, but it was a very desirable show/drive car nonetheless, and it was a bit of a bargain at this price. Well bought. #F92-1963 CHEVROLET CORVETTE convertible. S/N 30867S118439. Riverside Red/saddle leather. Odo: 97,185 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Body-on restoration with excellent (though over-restored) paint. Good chrome, knockoff wheels fitted. Interior looks original and has expected wear associated with miles. Average engine compartment #F23-1966 CHEVROLET CORVETTE convertible. S/N 194676S113022. Sunfire Yellow/black vinyl/black leather. Odo: 14,875 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Nice newer paint with stick-on vinyl paint protectors on front end. Globby windshield weatherstriping, new top with a tiny hole on right hand side. Well detailed non-original engine, leaking master cylinder. Keisler 5-speed manual transmission and new leather seats. Cond: 2+. SOLD AT $45,938. A well restored and tight car with only minor details to be looked after. Sure to turn heads everywhere. The replacement engine helped make this car quite affordable for the new owner, and as a 5-speed equipped driver, it's hard to beat. #F34-1967 CHEVROLET CORVETTE done to GM specs. A good car for both show and go. Cond: 2. SOLD AT $79,800. It's hard to resist a red '57 Corvette, especially a fuel-injected one. This was a well restored car that was ready to be shown, and the price paid was fair for a fuelie of this caliber. #S53-1958 CHEVROLET CORVETTE convertible. S/N J58S107212. Signet Red & white/black vinyl/red vinyl. Odo: 2,196 miles. 283-ci 250-hp fuel-injected V8, auto. Great new paint and chrome, including windshield surround. Body as good as original, interior coupe. S/N 194377S104929. Marina Blue/blue vinyl. Odo: 74,782 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Recently restored with excellent paint and chrome. Well restored interior shows no wear. Excellent engine compartment done in fitted with factory a/c. Not show quality, but great looking nonetheless. Cond: 2. SOLD AT $71,925. From The Fred and Terry Michaelis Personal Reserve Collection, this '63 was delivered in primer and is one of 278 built that year with a/c. It's thought to be a COPO or VIP car. Price was very high for a base-engine, decent-condition '63, so the interesting history (or maybe the red paint and knockoffs) may have influenced the bidding. #F95-1965 CHEVROLET CORVETTE clean and well-fitted. Optioned with power windows. Cond: 1. SOLD AT $80,000. This car wore a brand new high-quality restoration, and there was little to fault anywhere. Well bought at this price despite being fitted with a Powerglide slush box. 92 coupe. S/N 194375S108160. Rally Red/white vinyl. Odo: 53,813 miles. 327-ci 375-hp fuelinjected V8, 4-sp. Original paint with lots of chips and touch-ups visible, age and wear to original chrome. Teak wheel with finish worn off, driver's side armrest cracked. Paint missing on console, some yellowing to original white vinyl seats and door panels. Engine looks very original other than plug wires and radiator hoses. Factory knockoff wheels and bias-ply tires. Solid frame. Windshield chipped. Cond: 3-. SOLD AT $91,875. Looks to be a definite Survivor class contender, which makes the the original style. Options include a/c, factory alloy wheels, and sidepipes. Full documentation. Cond: 1-. SOLD AT $65,100. A nicely restored car with plenty of factory options. The 350-hp small block is great fun to drive, and this car had the look of the '67 without the price of a big-block. Well bought. #F74-1967 CHEVROLET CORVETTE convertible. S/N 194677S112218. Red & white/ white vinyl/white vinyl. Odo: 88,533 miles. 427ci 400-hp V8, 3x2-bbl, 4-sp. Shiny new paint and chrome, door gaps a bit wide at top. Engine detailed to factory specs. Fitted with pb, ps, pw, and a/c. Cond: 1. SOLD AT $106,050. This car had great eyeball, great colors, a beautiful Sports Car Market

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Mecum St. Charles, IL restoration, and was air conditioned. There was enough here for the new owner to break through the six-figure barrier, and considering this car's options and condition, the price paid was not out of line. #S73-1967 CHEVROLET CORVETTE convertible. S/N 194677S114190. Tuxedo Black & red/black vinyl hard & soft tops/black vinyl. Odo: 72,210 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. Bloomington Gold Award in 2004, NCRS Top Flight in 2003. Fitted with sidepipes, a/c, and ps. Claimed to be matching numbers Bridgehampton Blue/black vinyl. Odo: 80,550 miles. 350-ci 350-hp V8, 4-bbl, auto. Excellent paint might be a respray. Very good chrome with no issues, nice interior with normal wear on parking brake handle and console. Clean original engine compartment, new tires, exhaust, and brakes. Clean throughout. Cond: 2. SOLD AT $21,525. These 350-hp small-block Corvettes delivered good performance without the cost and hassles of the high-strung LT1 option. This one looked great inside and out, and it sold at a good price for both concerned. #S15-1971 CHEVROLET CORVETTE LT-1 COPO coupe. S/N 194371S114576. Black/black leather. Odo: 48,541 miles. 350-ci 330-hp V8, 4-bbl, 4-sp. Thick shiny black paint with normal light corner cracking in usual spots, rivet bumps showing in front of hood from support brace and radiator core support. Various of any known ZR2, which makes it the last car GM ever built with the LS6 big-block. Fast and rare, even though it will never be driven to its potential again. Although expensive, I'd call it worth the money spent. #F118-1973 CHEVROLET CORVETTE convertible. S/N 1267J35429293. Mille Miglia Red/black vinyl/black leather. Odo: 57,399 miles. 350-ci 190-hp V8, 4-bbl, 4-sp. Engine and transmission claimed to be original. Very good resprayed paint, small pits and spider cracks on nose. Earlier Rally wheels fitted. and identified as a COPO car. 240 miles since restoration by Nabers Brothers. Fitted with four NOS Kelsey-Hayes bolt-on finned aluminum wheels and transistorized ignition. All documentation included. Cond: 1. SOLD AT $336,000. Showroom new in all respects, and one of the top three earners in this year's sale for good reason. Well bought and sold. #X19-1969 CHEVROLET CORVETTE coupe. S/N 194379S731205. Tuxedo Black/ black vinyl. Odo: 12,609 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Repaint rubbed through right side of hood and checking at rear of passenger door. Mileage claimed correct. Tank sticker, chips and nicks in paint, some wear on console and seats. Tank sticker with special paint code (black). A three-owner car. Cond: 2. SOLD AT $60,900. Started and ran smooth and solid. Sold very well even for an LT-1. The demand on the LT-1 small-block cars is outstripping the supply, and we're seeing prices slowly climb. Well bought and sold considering the options and condition. TOP 10 No. 6 #S107-1971 CHEVROLET CORVETTE ZR2 convertible. S/N 194671S117850. Ontario Orange/black vinyl. Odo: build sheet, Protect-O-Plate, and three owner history. Fitted with transistorized ignition, F41 suspension, ps, pb, and tinted glass. Numbers matching. One of 102 fitted with a heavy-duty clutch. Cond: 1-. SOLD AT $93,450. From the Fred and Terry Michaelis Personal Reserve Collection. This had some rare options and was really nice inside and out, and it sold quite well at the price paid. #F46-1970 CHEVROLET CORVETTE convertible. S/N 94 194670S407351. 21,020 miles. 454-ci 425-hp V8, 4-bbl, 4-sp. Good paint, chrome, and interior. Wiper door sits high, front cowl vent panel not screwed down tight. Hood fit wide on left, hood release doesn't work. Looks body-off restored. Part of the 1999 Bloomington Gold Special Collection, the 2003 Bloomington Gold Hall of Fame, and the 2000 National Corvette Museum exhibit. Original factory Corvette Order Copy comes with car. Cond: 2+. SOLD AT $550,000. With only twelve built and only two of them convertibles, the ZR2 cars are very rare and highly sought by collectors. The ZR2 came from the factory with the LS6 V8, the M22 “Rock Crusher” 4-speed, transistor ignition, special radiator, and many special suspension parts. This was claimed to have the last build date Nice original interior with only minor wear on console. Clean engine compartment, factory alarm system still installed and apparently still functional. Cond: 2. SOLD AT $18,375. We've seen more interest in early-'70s Corvettes, and the '73 offers a unique one-year look combining both the plastic nose and earlier chrome rear bumpers. This one looked very nice and should make a nice driver that shows well. Well bought at this price. #F134-1978 CHEVROLET CORVETTE coupe. S/N 1Z57L85429899. White/light beige leather. Odo: 35,455 miles. 350-ci 185-hp V8, 4-bbl, auto. Very good original paint with only minor wear and stress cracking visible. Nice alloy wheels and chrome, good trim and glass. Interior shows slight wear throughout. Engine and underhood area clean and detailed as-new. Looks to be very original. Cond: 2. SOLD AT $11,025. Who says you can't afford a nice Corvette? This was a great '78 that looked largely original and showed really well (although it needed better tires). Cars like this are inexpensive now and will never appreciate much, so why not enjoy it? A good buy. Sports Car Market

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Mecum St. Charles, IL #F63-1981 CHEVROLET CORVETTE coupe. S/N 1G1AY8762B5100072. Beige & dark bronze/camel leather. Odo: 2,998 miles. 350-ci 190-hp V8, 4-bbl, auto. Front and rear flex bumpers starting to change color, as is typical in this generation of 'Vette. Light delamination starting on windshield at corners. Right headlight door sits high, other panel gaps to factory per car, which was a little ahead of the current market, as good cars can be found in the lower $30k range. Well sold. #F80-1992 CHEVROLET CORVETTE Lingenfelter ZR-1 coupe. S/N 1G1YZ23J5800207. Bright Aqua specs. Light paint chips on some interior trim, clean seats and carpet. The 72nd car to come from the Bowling Green plant after production moved from St. Louis in 1981. Cond: 2. SOLD AT $26,500. This low-miles original must be rare because this vintage of Corvette was not often saved. I have often wondered why the factory quit doing two-tone color schemes like on the great '50s cars—perhaps color combos like this were the reason. Expensive, but find another low-miles example in this condition. #F44-1982 CHEVROLET CORVETTE Collector Edition coupe. S/N 1G1AY0781C5111536. Silver Beige/multitone silver & beige leather. Odo: 13,781 miles. 350-ci 200-hp fuel-injected V8, auto. Odometer claimed correct and car looks the part. Near-flawless paint and graphics, interior shows only the slightest wear. Clean engine and dual removable roof panels. Very good California car. Cond: 1-. SOLD AT $24,675. ZR-1 Corvettes are an absolute bargain, and this one, with modifications by Chevy wizard John Lingenfelter, was an absolute steal. The factory Bright Aqua Metallic paint is rare (especially for ZR-1s), the brakes have been upgraded, and it has 475 hp. What more could you want for less than $25k? #F2-1994 CHEVROLET CORVETTE with cruise control and HD cooling. Fitted with Gymkhana suspension, power seat, pl, and power outside mirrors. Was a radio-delete car, aftermarket radio added. A strong candidate for Bloomington Gold Survivor status. Cond: 2. SOLD AT $18,900. The 1982 Collector Editions are about the only late C3 Corvette to show any appreciation in the market. This one was very attractive, and it was about as nice as you'll find one that's had some use. A fair price for both buyer and seller. #S33-1991 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J5M5801856. Red/red leather. Odo: 6,885 miles. 350-ci 375hp fuel-injected V8, 6-sp. Sold as a package with lots S32, S34, S35, S36, and S37, all of which are ZR-1s from each production year between 1990 and 1995. Factory new inside and out with 6,885 miles on the odometer. Cond: 1. SOLD AT $231,000. First year ZR-1s are still trying to get some respect in the market, unlike when they first came out. When bought fairly, the ZR-1 is one of the few bargains in the Corvette market, considering the performance it provides for the money. This package was bought up by one buyer at a cost of $38,500 96 trim, interior, and engine all look almost new. Cond: 1-. SOLD AT $9,400. While nothing really special, this '94 coupe was in great shape and had a nice Polo Green/beige color scheme. Another excellent Corvette for the first-time owner, this saw limited interest, and it should have brought about double what was paid here. Very well bought. #S111.1-1995 CHEVROLET CORVETTE Guldstrand Nassau roadster. S/N 1G1YY32P9S5105416. Guards Red/beige cloth/beige leather. Odo: 13,000 miles. 350ci 420-hp fuel-injected V8, auto. Guldstrand coupe. S/N 1G1YY22P9R5107821. Polo Green Metallic/beige leather. Odo: 64,987 miles. 350ci 300-hp fuel-injected V8, auto. In excellent original condition despite the mileage, with only the slightest wear showing. Paint, wheels, Metallic/black leather. Odo: 47,800 miles. 350ci 475-ci fuel-injected V8, 6-sp. Nice factory paint, clean interior with normal wear. Engine compartment shows regular maintenance. Fitted with Lingenfelter performance package, 3.92 performance gearing, Borla SS exhaust, Wilwood 6-piston disc brakes, FX3 suspension, custom Nassau Roadster SN 001. Chips and nicks in paint, seats show dirt and wear. Clean engine with light corrosion on alternator. Vortec Supercharger, three owners from new. Corvette Fever magazine and SEMA car. The first of nine built. Cond: 2. SOLD AT $37,275. Three owners in 13,000 miles suggests light use, and the condition confirmed the mileage. Should there be a rule that prohibits painting a Corvette Porsche Guards Red? Another example made $57,200 at RM's sale of the Al Wiseman Collection in December '07 (SCM# 47756), and although this one had more miles, it should still be considered a decent buy at this price. #S23-2001 CHEVROLET CORVETTE Z06 coupe. S/N 1G1YY12S015127926. Bright Red/black & red leather. RHD. Odo: 162 miles. 5.7-liter 385-hp fuel-injected LS6 V8, 6-sp. Mileage claimed correct from new, and it looks the part. Essentially a new 2001 Z06 looking for a new owner. Cond: 1. SOLD AT $29,400. Still new in the wrapper. As long as it stays in this condition, this car could very well bring a tidy profit for this buyer in the future. Used Z06s from the first year of production are selling in the mid- to low-$20k range, so this was not a huge premium to pay for one that's still showroom-fresh. #F106-2006 CHEVROLET CORVETTE coupe. S/N 1G1YY26U165116734. Velocity Yellow/black leather. 6.0-liter 400-hp fuel-injected V8, 6-sp. A clean two-year-old C6 with only the slightest wear showing. Fitted with Z51 package, head-up display, custom wheels, climate control, and upgraded red brake calipers. Original wheels included. Looks very well cared for. Cond: 1-. SOLD AT $35,175. This was a great looking Corvette with only light use, and it would have made an excellent driver at a huge savings over new. Cars like this are still sliding down the new car depreciation slope, but this still a market-correct price.♦ Sports Car Market

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NOW ONLINE! The world's largest collector car price guide based on over 500,000 sold transactions. Updated weekly. www.ebaymotors.com/pricetracker For the collector who needs to know what things are selling for, right now. Take a free test drive on a the featured car of the week. 24-Hour introductory memberships now $3.99.

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eBay Motors Online Sales Beyond Barn Find It's not worth playing Russian Roulette at Ferrari labor rates on a common production car in a cliché color combo Report by Geoff Archer Market opinions in italics B ecause every true gearhead is of necessity also a masochist, we here present nine projects to keep their new owners occupied—and hemorrhaging cash—for eons. Condition inferred from seller's descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. sf=seller's feedback; bf=buyer's feedback #140208818271-1954 NASH-HEALEY LE MANS coupe. S/N 3069. White & red/ red vinyl. 24 Photos. Alpharetta, GA. Mostly Google copy-and-paste description goes on and on about how few coupes were made, but fails to describe this actual car in any detail. Pictures show that most everything is there, and that the car and the engine were recently repainted... BRG, which is still visible in the jams and the trunk. Rust holes in the trunk and floor, rust bubbles on the doors. Seats and glass are decent. “MOTOR TURNS OVER VERY FREELY ON ITS OWN POWER, WATER PUMP AND CARBURATOR ARE STUCK. Rear brake drums are off, driveshaft is out, do not know condition of brakes/trans, but the gearshift lever moves freely into gears. Car rolls easily, will roll easily on trailer.” 19 bids, sf 79, bf 233. Cond: 4-. SOLD AT $9,300. Does anyone ever sell a rusty car that is not described as “solid”? I guess being in a state of liquid, gas, or plasma would just scare too many potential bidders away. With a simple American engine and the potential for high value when completed, this was a mild bargain despite its abundant superficial ugliness. but the glass, trim, and interior bits are still laying about on blankets. 23 bids, sf 93, bf 6. Cond: 4+. SOLD AT $38,650. Second only to a Citroen 2CV, the Nash-Healey is the most dastardly vehicle I have ever shifted. Buyer (eBay ID lordcactus) may not have cared at this price. Come to think of it, I wouldn't have either. Well bought... now screw it together before they print January's Scottsdale catalogs. #330203540123-1965 SUNBEAM TIGER convertible. S/N B382001847LRXFE. Bronze/black. Odo: 15,194 miles. 24 Photos. North Royalton, OH. Pathetic repaint over #130144651018-1959 MERCEDES-BENZ 190SL roadster. S/N 12104010014902. Silver & rust. 11 Photos. Seaside, CA. “Parked sometime in the early 70s with some kind of problem...” It was overgrown and buried. The rust is severe and many parts have been scavenged. Motor, transmission and suspension are there. Of course, anything is fixable, but this kind of money, our remorseful seller could probably even replace it with an SLK in similar fettle. Well sold given what little remains. #170173720719-1971 PORSCHE 911E coupe. S/N 9111200395. Eng. # 911 01 35525. Gemini Blue Metallic/brown vinyl. Odo: 142,915 miles. 15 Photos. Madison, CT. Bold header opens with, “911E For The Brave!... This car has structural rust... enough to make the doors bind... The seats are tired... it was mouseville for a long time... (several years ago) A backfire lit up a mouse nest in the air cleaner and there was a small fire melting the top of the filter assembly. This engine has not turned in at least four years. I have a receipt from an authorized Porsche dealer for 6900+ dollars. Assume the worst.” 23 bids, sf 111, bf 37. Cond: 5+. SOLD AT $5,728. This is basically a stylish carrying case for a pile of expensive and hardto-find parts, including 15-inch Fuchs, door pockets, the torquey 2.0L 911E drivetrain...etc. Could a cold-hearted person make some money listing these bits separately on eBay? Probably. I don't have the stomach for “wetwork” myself, but this was fair money for the man who does. #370033608320-1963 FIAT 1500GT Ghia coupe. Rust/black leather. 13 Photos. Northern California. Highly-rated Canadian seller listing for a friend. “The body has some rust and will need an experienced metal man to repair as there are no repro parts for this car. Not sure the mileage. The cars chassis and frame car would be a maximum challenge and at an impressive level of before and after comparison. So if you need to impress someone with what you can do, then this car is for you. 13 bids, sf 14, bf 3. Cond: 5. SOLD AT $4,600. For this 98 look real good.” Interior looks twice baked. “Ran when parked 10 years ago.” (Really? Did you park it in a nuclear power station's cooling pond?) 37 bids, sf 3705, bf 220. Cond: 5+. SOLD AT $8,150. Well sold and then some. If Sports Car Market

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Fresh Meat Online sales of contemporary cars. you were hell bent on throwing money at a rare and rusty little Italian coupe, then you should have bought one of Mike Sheehan's ASA 1000s... at least they bring good money when finished. #290193784786-1968 LAMBORGHINI MIURA P400 coupe. S/N 3540. Gold & primer. 24 Photos. Charlottesville, VA. Originally green, painted gold sometime later. “In a garage when it was still very young when a tree fell on the building. The roof and rear body were crushed. Then delegated to indoor storage and use as a parts car. Thus the car is one of the most original and non-rusty Miuras Ferrari labor rates on a common production car in a cliché color combo. #170183799934-1951 MUNTZ JET convertible. S/N 147. Gray primer/red vinyl. Odo: 22,573 miles. 17 Photos. Lancaster, CA. “Last registration was in 1963... Up to 400 Muntz Jet's may have been produced.” $5k spent on body, “primarily sanding and painting with primer - Nothing major was done.” Interior stripped, some parts visible in photos. “Probably had a Lincoln engine from the factory... engine (Descriptions exactly as presented by sellers, including non-stop capitalization and creative grammar.) 2008 Audi S5 out there. Missing parts include “all glass, doors, drive axles, carburetors, oil pump, distributors, exhaust system, clutch, transfer gear assembly and housing, starter, rear trunk lid and the seats.” 8 bids, sf 102, bf 557. Cond: 5+. SOLD AT $123,100. Brave? Yes, but I too can see the prize here. Is a restored, lime green, matching numbers Miura worth more than the several hundred thousand it will take to make it that way? Probably. Was I tempted? Of course. Still calling this price fair? Yes, because the great investment required naturally discounts the initial outlay. #120261980482-1991 FERRARI TESTAROSSA coupe. S/N ZFFSG17A8M0089218. Red/ tan leather. Odo: 0,251 miles. 16 Photos. Rancho Cordova, CA. Entertainingly mislabeled as a “Ferrari 360 Tesstarosa,” as a 360-degree flat spin is probably how it got to be this way. “Salvage title.” Bumper and quarter scraped, right rear wheel has 20 degrees of positive camber. “This would be a very easy car to repair as the majority of was replaced in 1960 with an Oldsmobile - Engine runs.” In 2005, “Radiator ‘new core' cost $425 - Gas tank ‘boil and coat' cost $125 - Carburetor rebuilt cost $250 - Brake Drums turned cost $375.” 21 bids, sf 182, bf 30. Cond: 4-. SOLD AT $15,500. Seller was bombarded with dozens of emails asking for a Buy-It-Now option, and he was likely very happy that he chose to let it ride, as all he wanted to clear was $10k. A fair price, and maybe a bit of a deal for an interesting project. #130209848357-1957 DEVIN K roadster. S/N 1420477. Burnt orange/burnt orange. 9 Photos. Holland, MI. “Built and titled on a 1957 VW chassis using Karmann Ghia components to make up the windshield, gauges and tail lights. The extreme light weight of the the Devin body made even the 36hp beetle engine a thrill. Offered in it's as found ‘Barn fresh' condition ready to restore for street or race. Imagine it powered with a 1600 Porsche 356 Date sold: 06/17/2008 eBay auction ID: 300231763880 Seller: DCH Millburn Audi, Maplewood, NJ, www.dchmillburnaudi.com Sale Type: Used car, 3,800 miles, but not Audi certified VIN: WAURV78T28A010614 Details: Phantom Black Pearl over black, B&O sound, technology package Sale result: $60,600, 4 bids, sf 301, bf 248 MSRP: $59,015 Other current offering: Riverside Audi, Secaucus, NJ, www.riversideaudi.com, asking $64,900 for similar but certified car with 2,641 miles. 2003 Lamborghini Murcielago Date sold: 06/30/2008 eBay auction ID: 330246881532 Seller: Dream Motor Cars, Los Angeles, CA, www.dreammotorcars.com Sale Type: Used car, 15,353 miles VIN: ZHWBU16M83LA00872 Details: Verde Artemis (jade green) with black leather, 40th Anniversary edition Sale result: $180,000, 2 bids, sf 12, bf 122 MSRP: $300,200 (2003) Other current offering: Auto Salon, San Diego, CA, asking $165,000 for 40th Anniversary car with 24,700 miles. 2008 Porsche 911 GT2 the damage is isolated to the right side and it is mostly suspension and very minor body damage. The interior is in excellent shape and we have all 3 keys.” 22 bids, sf 385, bf 0. Cond: 4+. SOLD AT $39,000. What purpose does it serve to yell “IF THIS CAR DOES NOT SELL WE WILL PART THE CAR OUT?” Maybe that was just the seller's conscience secretly hoping to frighten you away. Well sold regardless, as it's not worth playing Russian Roulette at October 2008 engine and brakes.” Doors are glassed shut “and look like they could be made to function once the outer fill was removed.” 31 bids, sf 32, bf 504. Cond: 5+. SOLD AT $8,299. Normally I would suggest that you close your browser the moment you come across the word “imagine” in an eBay Motors listing, but given the inexpensive nature of this cool old car, I could forgive you for watching this auction in your My eBay. I'd even be OK with you buying it... although I would have been more enthusiastic if you'd paid two or three grand less. ♦ Date sold: 07/21/2008 eBay auction ID: 280246276822 Seller eBay ID: duanelyons Sale Type: Used car, 22 miles VIN: WP0AD29948S796208 Details: Red over black with red trim, Sport Chrono, heated seats, Bose surround sound Sale result: $220,100, 25 bids, sf 367, bf 3. MSRP: $191,700 (base) Other current offering: The Porsche Exchange, Highland Park, IL, www.porschexchange.com, asking $269,900 for yellow car with 57 miles. ♦ 99

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Book Reviews Mark Wigginton Inside Jack Griffith's Dream John Starkey shows Lola T70 still sings siren song; “Gentleman Jack” Sears style graces sports car racing biography Gentleman Jack: The Official Biography of Jack Sears by Graham Gauld, Veloce Publicing, 160 pages, 2008, $37.96 at Amazon.com In this forword by Sir John Whitmore, he writes of John “Jack” Sears, “Jack was the gentleman I should have been. He had the grace, whilst I had only the title.” Whitmore saw that grace, and Sears's obvious skill behind the wheel, during their hard-fought battles in English touring cars. Sears became the British Saloon Car Champion in the inaugural 1958 season, and then followed it up with another title in 1963. Throughout the '50s and '60s, Sears was “dabbling” from Brands Hatch to Le Mans, living the life of the wealthy racer. A life well lived. Provenance:  Graham Gauld was editor of Motor World and Historic Motor Racing magazine, and the journalist and stylist shows throughout Gentleman Jack. The book is well researched and goes beyond Sears's racing career, to include family history and car collections. Fit and finish:  Nicely designed, with tons of well-reproduced black and white photos. Gentleman Jack is easy on the eyes, with the exception of the dust jacket, which I can only guess is an attempt to recreate the worst motoring book covers of the 1950s. Drivability:  Well written and exhaustively researched, Gentleman Jack is your armchair pass to a time and place, cars and tracks, people and playthings long gone. Sears was central to an era, and this biography does him well. The Griffith Years by Mike Mooney, Possum Valley Publishing, 152 pages, 2003, $29.95 at Amazon.com The Griffith turned out to be the Sam Bowie of Anglo/ American sports cars (you know, the guy the Portland Trailblazers picked instead of Michael Jordan). Fast and agile, this love child of a lightweight TVR chassis and a high-performance Ford V8 should have been a Cobra killer, and with a few breaks it might have been just that—and as iconic. Instead, Jack Griffith's “little sports car that could” is rare and under-appreciated, killed by the kind of economic forces that can easily crush a small company. The Griffith Years tells the whole story, and Mooney was there from the beginning. Provenance:  Mooney was a fan of the Griffith, a test driver and deeply involved in the whole mad enterprise. He went back to research the gaps, and the book stands as a historical document, as well as an easy, informative read. Fit and finish:  The book's production mirrors the Griffith's—home-spun, off-the-shelf, and practical. But humble doesn't mean badly done. Drivability:  Mike Mooney was a trooper in Long Island when he was asked to look the other way as Mark Donohue did road testing of the first Griffith, and then he found himself doing testing as well. He has put together a lovely, readable story of the people and the passion that created the Griffith. 100 Lola T70 by John Starkey, Veloce Publishing, 192 pages, 2008, $65.66 at Amazon.com The Lola T70 was only a competitive package for a few years, first in the Can-Am Championship during the 1966 season, winning six of seven races, then in endurance racing in 1967–68. But the impact on the senses and psyches of racers and race fans was much more impressive. A thing of beauty from any angle, whether roadster or coupe, the Lola T70 was just dead sexy, and fast. John Starkey should know. He was smitten early on, then had to have his own Lola. His flirtation has turned into a passion. This fourth edition of Lola T70 has updated chassis information on nearly the entire production run of this important race car. Provenance: Starkey has put together the definitive history of the Lola T70. As an owner himself, and the former curator of the Donington Grand Prix Collection, Starkey marries his love of the car and the skills of a historian into his book. Fit and finish: Top notch quality, with lovely photo reproduction in saturated color and crisp black and white, which serves to support the deep historic research. Drivability: Whether you want to skim or go for truly obsessive levels of information, it is all ready for you in Lola T70. The stories of races and drivers are informative and richly detailed, while the chassis by chassis history tells the story another way. Sports Car Market

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Bike Buys Cagiva Alazzurra Biggest Bang for the Duck The hearty roar of an unrestricted Conti exhaust on a $1,500 Alazzurra is indistinguishable from a $15,000 late-model Ducati by Ed Milich T he Cagiva Alazzurra (“Blue Bird”) 650 may be the most undervalued 2-valve, belt-driven Ducati. Allys, as they are called, are old enough to be overlooked by admirers of modern Ducatis, but young enough to deflect the gaze of most vintage motorcycle connoisseurs. The Alazzurra, along with the 750 Sport, F1, and Paso, was produced in one of Ducati's transitional periods starting in the mid-1980s. Originally badgeengineered by the Castiglioni brothers, (the “Ca” in Cagiva), who owned Ducati at that time, the Alazzurra was intended as a mild sport/sport-touring machine. Production records on the 650 Alazzurra (350-cc variants are rare in the U.S.) indicate less than 5,000 were built between 1984 to 1987. The prominent “Cagiva” (instead of Ducati) on the tank is one reason why Alazzurras are the most inexpensive Ducatis on the secondary market. But Alazzurras are able race bikes for vintage and modern classes, due to their efficient design, relatively light weight (300–350 lb in race trim), low cost, and large potential for chassis and engine tuning. Pantah frames are much less likely to crack The 650 Alazzurra uses a version of the twin-shock frame that first appeared on the 500-cc 1979 500SL (commonly referred to as the “Pantah”). While not as light or stiff as any modern Ducati trellis chassis, Alazzurra/Pantah frames have much less propensity to crack at the steering head or other frame welds compared to newer Ducatis. Alazzurras employ relatively heavy cast Oscam 18-inch wheels, with 35 mm front forks and twin remote-reservoir shocks by Marzocchi. The stock suspension is sprung softly, yet the handling is predictable. The stock brake system, often described as “vague,” employs Brembo twin piston front and single rear calipers with triple 260-mm cast-iron rotors. Upgrades are recommended. The engine is an oversquare 650-cc (82 mm Perfect Ally owner: Too cheap or too weird for a 750 Monster. Rating (HHHHH is best): Fun to ride: HHHH Ease of maintenance: HHHH Appreciation potential: H Attention getter: HHHH Number produced: Less than 5,000 Original list price: $3,743 in 1985 SCM Valuation: $500–$2500 Tune-up: Under $200 DIY Engine: 649 cc, 4-stroke V-twin, Desmodromic valve actuation Transmission: 5-speed Weight: 421 lb Engine #: On engine case behind rear cylinder Frame #: On headstock Colors: Red, gray/pearl, white Clubs: Pantaheads; Yahoo Alazzurra Group More: www.pantaheads.com SCM Investment Grade: D bore x 61.5 mm stroke) variant of Taglioni's Pantah engine, which originally appeared in the 500SL and later 600SL and 650SL variants. It features twovalve hemi heads with overhead desmodromic valve actuation driven by Kevlar-reinforced belts, which bridge the top and bottom ends. This engine formed the basis for all modern Ducati 2- and 4-valve twin-cylinder engines that followed. Evolved versions of the Alazzurra 650's engine are still in production at Ducati, as the current Ducati M620 (Monster) powerplant. The Alazzurra is one of the last Ducati twins to feature a vertical cylinder head with an intake at its rear and exhaust at the front. Claimed power for the 650-cc Alazzurra motor is about 56 hp and 40 ft-lb, though my experience indicates these numbers are 5%–10% optimistic. Racing motors can produce 67 hp–70 hp with stock displacement and a radical increase in cam timing, compression, and flow. One of the characteristics of the Alazzurra (like 102 most “real” Ducatis) is its desmodromic valve actuation. This system uses an extra, inverted cam lobe and a closing rocker arm to eliminate valve springs, the result of which is an extremely rigid connection between engine top and bottom end. Like the earlier Pantahs, Alazzurras require removal of upper rocker arms for valve adjustment every few thousand miles, and later-style rocker arms with retainer clips can halve the time. Asian influence in the body Alazzurra bodywork has more Asian influence than the Pantah—surely one of the reasons for its relatively low cost. Even so, the Ally's form has a pleasant and unique combination of angles and curves. Though sometimes branded as unreliable, the Ally's Bosch ignition system is fairly robust, on a component level. The weak link, however, is the four wires that connect the twin pickups inside the left engine cover to the control boxes underneath the fuel tank. The stock wires are surrounded by insulation that invariably fails, an issue aggravated by the wire's submersion in hot engine oil. Once the insulation disintegrates, two pairs of bare copper wires intermittently come into contact, causing ignition hiccups. The fix is easy—replace these four wires with mod- ern oil-resistant versions. Also check that the swingarm isn't loose in the engine case pivot by means of a firm sideways push to the swingarm with the bike on its center stand. This need not mean a swing arm pivot rebore; proper shimming can take out the lash. As with all modern Ducatis, belts ($70 a set) should be inspected regularly for wear and tightness, and replaced at least every two to three years—a two-hour job. Correct belt tension is important for cam timing and for bearing life. The expensive factory belt tensiometer can be ignored in favor of measuring belt clearance with a 5-mm allen key, a work-around that will produce the specified tension. Over-tightening the chain final drive can cause output shaft bearing failure, requiring a full teardown and engine case splitting, a process that points out the scarcity of critical sundries like engine case gaskets. Complete running Alazzurras have sold for as little as $500, and asking prices over $2,000 for Allys are wishful at best. The later “650 SS” version is most desirable, as it features a dry clutch, larger Brembo F08 brake calipers, ten degrees more cam timing, and a half-inch wider rear wheel, which allows for a larger 130 section rear tire. Ultimately, the best part of Alazzurra ownership is that the hearty roar of an unrestricted Conti exhaust on a $1,500 Ally from half a block away is largely indistinguishable from the exhaust note of a $15,000 late-model Ducati. ♦ Sports Car Market Izaak Berezovsky

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������������� ����������� ������� “Who cares what the other books say—���������� ������ is the only price guide that matters.” ������������������ �������������������������� Call �������������to order, or�preview the price guide content at: ������������������

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Mystery Photo Answers Comments With Your Renewal Your guide for events in Evel Knievel's less publicized jump over the Clinton Presidential Library.—Jack Brewer, Fort Lauderdale, FL Runner-Up: Not exactly W.O.'s idea of a Flying B, now is it?—Winsor Rose, Garden City, KS For sale: Trailer and MG used in The Flying Midget motion picture.—Walter Meyer, Eagle, ID The BBC calls the show “The Archdukes of Hazzardshire.” In this scene, as the car clears the jump, Beau shouts out his trademark, “Tally-ho!”—Tim Wright, Glendale, AZ The power was amazing as the car launched itself out of the storage stall.—Al Zim, Bedford, TX Vintage MG and custom trailer for sale. Both “slightly damaged.”—Rod Diridon, Jr., Santa Clara, CA You idiot. I said, “Put the MG in the trailer.”—Peter Zimmermann, Bakersfield, CA After Fonz jumped the shark on “Happy Days,” MG made a desperate last attempt to save itself by jumping the RV.—Art Russell, Los Angeles, CA Those darned Trailer Park Boys are at it again!—Paul Chenard, Halifax, NS, CAN Neville Knievel, Evel's British counterpart, preferred four wheels for his death defying.—B. Milner, Victoria, BC, CAN More powerful than a lowly Fiat, able to leap small RVs in a single bound…—Pat McGee, Cheraw, CO Evel Knievel has gone British.—Charles Jost, Melbourne Beach, FL Another great British- American hybrid, The MGTRAILERCEPTOR.—Brady Lindsey, Monterey, CA Eat your heart out, Evel Knievel.—Pu-Chin Waide, Great Falls, VA Seeking to expand the demo- graphic of his car-event empire, Martin Swig stages the first-ever vintage car trailer jump, the “Leap de Double Wide.” Norman Vogel, San Francisco, CA Before upgrading to a T-Bird, Thelma and Louise tried to end it all by driving their woefully underpowered MG B off the roof of a camper.—Kick Wheeler, New Milford, CT Dangerously tinkering with the boost on the Judson-supercharged engine, Juan's vowed re-launch of the famed Octagon marque literally proved to be just that.—John Weagley, Bridgewater, NJ Failure to Launch.—Roger Wooley, Portland, OR Who said nothing exciting ever happens in a trailer park?— Joe Amft, Evanston, IL At the end of his career, as with most famous personalities, Evel Knievel's agent struggled to book the big venues.—Michael Miskiv, Saddle River, NJ For Sale: 20-ft travel trailer, a/c, awning, low miles, small goiter, will not separate. Cheap.— Pete van Hattem, SeaTac, WA Behold, our tow vehicle ar- rives.—Bob Bayuk, Annandale, NJ Because he knows that even the daredevils—vehicular and otherwise—must eventually hang up their hats, Jack Brewer wins a soon-to-be-collectible SCM hat.♦ This Month's Mystery Photo Response Deadline: September 25, 2008 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@sportscarmarket. com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCMcap. Email photos at 300 dpi in JPEG format. 104 Monterey surrounding the Historics/auctions/concours is spot-on in every respect. My experiences on the peninsula go back more than 60 years and I can say with confidence you folks have not missed a thing or place of significance. Bravo and thanks!—G. Williams, Montecito, CA. Enough with the muscle and American cars.—B. Stein, Glen Ellyn, IL Aren't you tired of writing about cars that have pistons the size of thimbles, and make a sound like an angry bumble bee when driven in anger? You would be well served to pay more attention to the American cars that really matter, and are what collecting in this country is all about. —S. Stilkowski, Novato, CA I am a concours judge, and SCM provides great background on many lesser known autos. It is truly number one.—R. Lynch, San Pedro, CA Still the best.—R. Rader, Los Angeles, CA Great magazine. Keep up the great work.—M. Winton, Mechanicsburg, PA Keep the good stuff com- ing.—R.E. Drake, Orange, CA What happened to “fright pig?” Call a spade a spade.—D. Fowler, Ithaca, NY. Is it possible to cover more “budget” cars without getting involved with junk?—A. Rappaport, Cedar Falls, IA. The definition of “budget” is arbitrary, and the bottom of the market continues to rise. For instance, Triumph Spitfires that were once $5,000 are now $10,000. So if we cast affordable as being cars under $5,000, we're left with Geo Metros and Kia Rios. If we decide that $25,000 is an entry-level price, have we busted someone's budget? In any event, we'll continue to cover cars at auction from all price ranges. Best source for all subjects concerning the collector car market. Please keep up the great work.—S. Keeney, Irvine, CA Thanks for helping through a long, long winter.—J. Weisbeck, Post Falls, ID Great magazine. Keep up the good work.—J. Capasso, North Salem, NY Only suggestion I have is that you devote your last page to a full-page salon shot of something dandy. Not necessarily one of your featured or auctioned cars, just one you guys like.—T. Weatherup, Springfield, OH And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin♦ Sports Car Market

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. English 1957 AC Ace Bristol, s/n BEX378 Connolly hides. Immaculate rust free body, numbers matching. Superb, fully sorted mechanicals. Owned by meticulous enthusiast for many years. $95,000. Matthew L. deGarmo Ltd. 203.852.1670. www .deGarmoLtd.com. (CT) 1965 Sunbeam Tiger Mk I French 1938 Peugeot 402 BL Eclipse 1961 VW Cabriolet. Georges Paulin's pioneering retractable hardtop. One of the most intriguing and practical of the French streamlined Art Deco cars. A sure hit wherever it goes. $295,000. Offers/trades considered Fantasy Junction, management@fantasyjunction .com; www.fantasyjunction.com. 510.653.7555. (CA) German 1966 Mercedes 230 SL Roadster Nicely restored, new trim, interior, top, paint in tomato red, gray cloth interior, wide whitewalls; 1600 C.C. late (1973) engine for reliable freeway adventures, lots of eye candy! $22,500. 805.966.3272 or Hemmings/dlrs/autostore Italian 1980 Ferrari 308 GTBi Yellow/black 6,500 miles. Major service done, records, a totally unmolested and unrepeatable time warp car. $49,900. Jim, 440.460.0161. 2002 Ferrari 360 Modena The combination of a light nimble chassis and sophisticated Bristol engine make for this ideal event car. Recent bare-metal restoration with photo documentation. $255,000. Fantasy Junction, management@fantasyjunction.com; www.fantasyjunction .com. 510.653.7555. (CA) 1956 Austin-Healey 100M Originally a Texas car, it has all been done including a bare metal re-spray, rebuilt engine, transmission, rear suspension, new top and interior. Available invoices exceed $50k. A poor man's Cobra…$41,000. Charlie, 203.655.2510, charlesengland@sbcglobal .net. 1961 Triumph TR3A O/D transmission, signal red, restored in 1980's. 2K miles on rebuilt engine, oil cooler, many upgrades. Gary W. Brown, 757.564.3336. gwbrown@cwf.org. 1974 Triumph TR6 Roadster, 2,660 cc, manual, red. $130,000. Factory 100M. Fresh restoration, good history, ex-Dr. George Sniverly. Mary Ellen Ford, meford464@hughes.net, 434.973.8160. (VA) 1956 Jaguar XK 140MC s/n 718-030. Well documented and significant race car in show quality condition. Ex-Jean Behra, One of only six center seat cars built. Exceptional history including Targa Florio, Spa and Reims. $1,435,000 Fantasy Junction, management@fantasyjunction .com; www.fantasyjunction.com. 510.653.7555. (CA) Restored in California in early 90's. Driven summers only and meticulously cared for by two fussy owners since. Teal green, saddle leather. A really lovely car, ready to drive and enjoy. $18,500. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd .com. (CT) Beautiful, award-winning Mike Wilson restoration. Single family ownership for past 46 years. Great performance. Matching numbers, black plates, working O/D. Original owner's manual, tools, jack. $129,500 Fantasy Junction, management @fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1966 Jaguar XKE Roadster 4.2 Liter Series I car finished in green with biscuit 106 One local California owner, (black plates, original title) 4-speed drive, modified engine, blue-printed, balanced, ¾ cam, re-worked cly. Head, electric ign, up-graded exhaust. Widened steel wheels, nice chrome/paint/interior, rock-solid, very quick, (150 hp) maroon/tan. $18,995. 805.966.3272 or hemming/dealers/autostore. 1969 Triumph TR6 1994 Porsche Speedster 302 CID, 5-speed, 3900, Yellow, Black $115,000, Originally Black but repainted by SportsLeicht in Pinehurst, NC in 2003 to current BMW Mini Yellow with Black stripes. New tires with less than 500 miles. Includes second engine: 1966 289 Hi Po from Shelby GT350. Built by Delmont's Rod & Custom, Dedham, MA, in 1988. Le Mans cam, C7FEBoss 302 CrankBinolia PistonsGurney/Eagle Weslake heads, 4x2 Weber carbs. Serial number verified by SAAC. Mike Cooper, mike_coop@comcast.net, 206.491.3693. (WA) Manual, 900, White, Black/Grey, WP0CB2964RS465358. $135,000. Time capsule 964 Speedster manual; 900 miles; Grand Prix White; This car is new! 60mi/yr to maintain mechanical integrity; Stored properly (top up) and serviced in heated garage. A/C; Cruise; Radio; Rare Speedster seats. Laurence Kenyon, lkenyon@kenyonconstruction.com, 303.817.8780. Numbers matching, a totally original, untouched car. Rare black/black. Superb original body, Sports Car Market 1960 Corvette FI Convertible Restored from the ground up by Bob Platz at a cost of $160k, with full documentation. Ultra rare ZF 5-speed transmission. Looks, runs, drives as new. Two tops, books, tools. Absolutely flawless throughout. Green, cognac leather. $85,000. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd .com. (CT) 1959 Porsche RSK F2 One female owner from new; 4000 original miles. Grigio Alloy, dar blue interior. All services done including timing belts. Immaculate throughout. $129,000 or best offer. Matthew L. deGarmo Ltd. 203.852.1670. www.deGarmoLtd.com. (CT) American 1988 AC Cobra Mk IV Convertible,

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SCM Showcase Gallery flawless frame. 283/290. Mechanically fully sorted. Needs absolutely nothing. Factory hardtop included. $120,000/offer. Matthew L. deGarmo Ltd. 203.852.1670. www.deGarmoLtd.com. (CT) 1963 Corvette Split-Window Coupe Restored with reliability and dependability keymost, numbers matching 340hp, 4-speed manual, VIN 30837S119736, $84,000, Kelso Lynn 303.888.0158. 1969 Ford Mustang Boss 429 Numbers matching 6 cyl, Auto, 40K Original Miles, new whitewall tires, carpet, headliner. Nice original interior. Reduced $9,900 OBO. Part trade. Venice, FL. 765.661.0420. (FL) 1973 Ford F-350 Flatbed Extended Chassis 1962 Ford Falcon Wagon 1 of 2,535 made in 1975. T-Tops, swivel buckets, Hurst shifter. Lots of new stuff. Looks good, runs great! $4,900 obo. 630.988.8090. 1966 Shelby GT350 H 1928 Sprint Car The real deal and the best one on the planet. National concours level, and fully sorted for driving. 100% correct and authentic. Original black with gold stripes, correct original automatic transmission. $225,000. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd.com. (CT) Race 911SC Track Car 1 Owner, 50,000 miles. Diamond plate bed, electric winch, 18” from back of bed to ground. 8 ft aluminum ramps. Bob Avonson. Cell: 203.215.4846. Home: 203.874-7916 Black, Coupe, 429-4V Boss, Four-Speed Close Ratio Manual, 33067, Black Jade, Black Clarion Knit Vinyl, 9f02z172921.Marti Report. All original documents, including original title. Check this vehicle out in the 8 page spread in Automotive Quarterly Volume 37 No. 3. Rob Lombard, rlombard@lombardford.com, 860,379,3301 ext 107. 1975 Hurst/Olds Never hit, orig. paint, full SCCA cage, ported, stainless exhaust, sorted. Runs and drives as new. Fast, safe, reliable. Track ready today. This is the one to buy, no regrets. $14.5 Please call: Bill Hair 805.466.1015 or e-mail automojo@hughes.net. Show/race restored. Tel. 415.987.1942 or 415.868.2940. 1947 Grand Prix Concourse with complete history. Tel. 415.987.1942 or 415.868.2940. 1959 Formula Junior Front engine, race ready. Tel. 415.987.1942 or 415.868.2940. ♦ “The must-read magazine for Corvette collectors” d One Year Corvette Market (4 issues), plus bi-weekly Corvette Insider's email newsletter, $29.95. Subscribe Today! Subscribe online at www.vettemarket.com or call 1.800.810.7457 108 Sports Car Market

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

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfi elds. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfi elds.com. (CA) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www .rmauctions.com. (CAN) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Russo and Steele Collector Auto- mobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www.russoandsteele.com. (AZ) Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions .com. (PA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialize in restoring and trading the fi nest and rarest American muscle cars. We are the home of Speed TV's “Dream Car Garage.: We are a professional, discreet, and fair buyer for your quality American Muscle. www.legendarymotorcar.com. (ON) Shelby American Automotobile Club. 860.364.0449, 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) Appraisals USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com toll free: at 800.872.7772 www .usappraisal.com. (VA) Automobilia Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Buy/Sell/General Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) Auto Appraisal Group. The Worldwide Group. Gooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers the rarest examples of collector vehicles at the most prestigious auction venues to its international clientele. Our team of well qualifi ed experts will advise you on current market values. Gooding & Company presents the offi cial auction of the famed Pebble Beach Concours d'Elegance in August and record-setting Scottsdale Auction in January. www.goodingco.com. (CA) H&H Classic Auctions. +44.01925.730630, +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classicauctions.com. (UK) 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's fi nest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Jon Norman's Alfa Parts. Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 110 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Effi cient, personal service. 510.525.9435. (CA) 800.848.2886, Offi ces located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certifi ed, confi dential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars Appraisals. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www .caldreamcars.net.. (CA) 2shores International. 49.5691.912460, 49.5691.912480. Take advantage of the strong Euro and let us market your car in Europe! Based in Germany, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Your trusted partner in Europe! Call Jurgen today! www.2-shores-classics.com. (DE) 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262. www .classic-carauction.com. (CA) Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www .motoringinvestments.com. American classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www .rmauctions.com. (CAN) Brighton Motorsports. Gooding & Company. 310.899.1960, Gooding & Company's experts are well qualifi ed to appraise automotive and collectible estates. Whether it is the creation of a foundation, living trust, or arrangement of a charitable donation, we are able to help you. www.goodingco.com. (CA) 480.483.4682, Brighton Motorsports, Scottsdale Arizona is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also have a state of the art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) Motoring Investments. 619.238.1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete Classic Showcase. 760.758.6199, Sports Car Market

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760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.com. (CA) one. Located in Scottsdale, Arizona. www.woodiesusa.com. (AZ) Classic Car Transport Motor Auto Express, Inc.. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Collector Car Insurance Family Classics. 949.496.3000, Our showroom houses some of the world's most prized classic cars, hot rods, muscle cars, and modern exotics. If we don't have what you want, check backor tel us what you want. We're equipped to fi nd numbers matching 100-point restorations, low-mileage survivors or just beautiful, reliable drivers. www .familyclassiccars.com. Aston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) English T. Rutlands. 800.638.1444, The largest independent Ferrari parts source in the business. Our vast inventory includes new, used and rebuilt parts for vintage and contemporary Ferraris. Buy your parts where the Ferrari shops do. Now, shop 24/7 at www.TRutlands .com (GA) Garage/Tools Baldhead Cabinet Company. Grundy Worldwide. 800.338.4005, Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the fi nest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” www.legendarymotorcar.com. (ON) With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Infl ation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy .com. (PA) Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) Kevin Kay Restorations. Hagerty Collector Car Insurance. Park Place LTD. 425.562.1000, Park Place LTD is the West Coast's largest luxury, sports and special interest auto dealership. We're an authorized dealer for Aston Martin, Lotus, Spyker, Shelby, Superformance, and Speedster Recreations and carry collector and special interest vehicles of all kinds. 20 years in the business and familyowned; Park Place LTD is driven to excellence. www.ParkPlaceLTD.com. 800.922.4050, Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost signifi cantly more won't do the job. We'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. www.hagerty .com. (MI) 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Racehouse Design. 541.330.8766, GARAGE DESIGN PLANS FOR SALE. Racehouse Design has four portfolios of garage designs: “SPEEDCLUB GARAGES”, “COACH QUARTERS”, “CLASSIC GARAGES”, and “CAR COTTAGES”. Each plan is professionally designed by Lawren Duncan, Designer and Race Enthusiast. www.racehousedesign.com. (OR) German Motoring Investments. 619.238.1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www .motoringinvestments.com. Heacock Classic. 800.678.5173, We Paul Russell and Company. 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of classic European sports and touring models from pre-war through 1960s. Successfully brokering MercedesBenz, Ferrari, Porsche, Jaguar, BMW, Alfa Romeo. Guidance given with emphasis on building long-term relationships. Sales Manager Alex Finigan: Alex@paulrussell.com www .paulrussell.com. (MA) understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www .heacockclassic.com. www.heacockclassic.com. (FL) Motor Sport Personal Accident Woodies USA. 480.694.7929, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least October 2008 Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specifi c events. Please contact Mark Cooke and or Kevin Way. Ferrari/Maserati/Lamborghini 877.966.2253, Offering a fi ne selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets.com. (CA) Classic Showcase. 760.758.6199, Motoring Investments. 619.238.1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www .motoringinvestments.com. Randy Simon. 310.274.7440, 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually fi nd it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) Motoring Investments. 619.238.1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www .motoringinvestments.com. 111

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. Inspections nix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) Automobile Inspections LLC.. 860.456.4048, “When you need the job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Parts and Accessories Legendary Motorcar Company. 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www.legendary-motorcar.com. (ON) toration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refi nishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks .com. (IA) Sports and Competition Morris and Welford. 714.434.856 2/203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www.morrisandwelford.com. (CA/CT/United Kingdom) Performance Restoration. Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) Restoration - General 440.968.3655, High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We fi nish your projects. supercharged@alltel .net. (OH) RM Auctions, Inc.. 800.211.4371, Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoe- The Healey Werks. 800.251.2113, 712.944.4940. Premier automobile res- 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www .rmauctions.com. (CAN) Muscle Car 1000. 949.838.7076, October 2008. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fi ne wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www .musclecar1000.com. (CA) ♦ Tires Only Oldies Garage. 480.966.9887, The Southwests Only Coker Tire Distributor! Contact us for Best Pricing on all Classic Tires. Only Oldies Specializes in all Classic Service from Pre-war - 60's Muscle. We Don't Restore ‘em… We Keep ‘em Running Right. www .onlyoldiesgarage.com. (AZ) Vintage Events Advertise in the SCM Resource Directory Includes Web Listing! FOR INFORMATION: Call 877.219.2605 x 211 e-mail: scmadvert@sportscarmarket.com 112 Sports Car Market

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Carl Bomstead eWatch Jenney, I Got Your Number, $24,099.99… Extremely rare as-new gasoline gas globe sends collectors scrambling; FDR inaugural license plate nets $4,550 Thought Carl's I continue to be amazed at what shows up on eBay. The City of Seattle, with the best intentions, spent $5 million of taxpayers' money for five self-cleaning restroom facilities for the use of tourists and the homeless of the city. However, they were used for other, more nefarious activities deemed unacceptable to the city, so the offending facilities were quickly flushed. The city stated it did “not want to make a killing on the sale,” so it offered them on eBay for a mere $89,000 apiece, willing to take that $4,555,000 loss. Alas, no takers, so the city has extended the auction. I think the taxpayers are the ones getting killed here. Why am I not surprised? Here are a few items from the private sector that are a bit more realistic. EBAY #380034885330—1935 HUPMOBILE HOOD ORNAMENT. Number of Bids: 18. SOLD AT: $1,075. Date Sold: 6/15/2008. This futuristic hood ornament was for the ill-fated Aerodynamic series of Hupmobiles designed by Raymond Loewy. Production of the Hupmobile was halted in December 1935, and when it resumed, this series had been dropped. This example was in excellent condition, but the cabin lights and tips of the exhaust should have been painted red. These are difficult to find, so I have no issue with the price, and I feel fortunate that I paid $75 for mine many years ago. EBAY #380043638730— HOOD TIRE TIN SIGN. Number of Bids: 13. SOLD AT: $3,650. Date Sold: 6/15/2008. This tin sign was 18″ x 76″ and was in exceptional condition. There are three different versions of the Hood policeman, and all are sought by collectors. This was the later version and dates to the 1930s. The money was strong, but the condition justified the price paid. EBAY #360069211332—1932 DISTRICT OF COLUMBIA INAUGURAL LICENSE PLATE. Number of Bids: 25. SOLD AT: $4,550. Date Sold: 7/20/2008. This was the first year presidential inauguration license plates were issued. This one was, of course, for President Franklin Roosevelt's first term and was in excellent condition. These were only issued to bigwigs and other important dignitaries, so we have rarity, condition, and historical significance, which equals big bucks. EBAY #180264959424— CHEVROLET OK USED CARS TIN SIGN. Number of Bids: 15. SOLD AT: $1,425. Date Sold: 7/20/2008. This sign was in as-new condition and was one of two that were banded together and recently separated. The sign measured 40″ x 60″, with a black wood frame. The name of the dealer and the “miles to” were not applied. I'd call this a nice buy for the Chevy collector, as the sign was in excellent condition and the colors were bright and vibrant. EBAY #120283930621— JENNEY GAS PUMP GLOBE. Number of Bids: 31. SOLD AT: $24,099.99. Date Sold: 6/22/2008. This incredible globe was for the Jenney Manufacturing Company, founded in Boston in 1812 and a dealer in whale oils. At the turn of the century, the company entered the gasoline market in the New England area, and by the 1920s had a number of elaborate service stations. In the early '60s, it merged with Cities Services, and the Jenney brand disappeared. This extremely rare globe was in as-new condition and was in the original shipping box. When the rare and unusual shows up, collectors throw financial sanity out the window, as was illustrated here. I wonder if the new owner bought he globe its own airplane seat or the flight to its new home. I ould have. 810—AUTOMOBILE CLUB mber of Bids: 15. SOLD AT: $276.75. This badge was in the shape of a pennant and was almost four inches long. The badge was in excellent condition, with bright and vibrant colors. I'd think this dates to prior to WWII and would consider it well bought. EBAY LIVE #3600604485244 —HUDSON ESSEX SERVICE DOUBLE-SIDED PORCELAIN SIGN. Number of Bids: 8. SOLD AT: $224. Date Sold: 6/22/2008. This was Lot 2347, offered by Philip Weiss Auctions. The sign was not in the best condition, but it had some redeeming value and would have to be considered a fantastic buy. It's amazing what shows up at some of the more obscure auctions, and this piece proves there are still bargains to be found. ♦ SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage POSTMASTER paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 114 Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market