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RM Auctions Paris 2014 – Auction Report

RM Auctions, Place Vauban, Paris, France, February 5, 2014

RM Auctions joined the fray during Paris Retromobile week this year, setting up on Place Vauban, adjacent to L’Hotel national des Invalides and much of the military history of France.

The sale’s highlight was the race car collection of Australian Peter Harburg, seven cars that individually and collectively could not fail to get any historic race fan’s heart pumping.

The Harburg collection, however, was only part of the delectation RM had in store, from late model Ferrari supercars, through the sweet (and fast) Gordini, to the sublime unrestored (but also unsold) Lancia Lambda 8th Series Short Chassis Tourer. Stir in some Alfas, Ferraris, Astons and top it off with the Blu Notte Lamborghini Miura which stole the show for my 12-year old granddaughter and it was one heck of an inaugural event.

It added up to a $23.9 million sale with a 79.3% sell-through. 45.2% of the lots sold under their low estimate but 11.9% of the lots sold over their high and the hammer bid total was 101.2% of the low estimate, a good indicator of the Place Vauban bidders’ enthusiasm for the cars offered.

It also was Paris, a place where any excuse, reason or justification to go and spend a few days is welcome. The food is wonderful. The street scene is unique. The hotels (Hotel de Buci is where we stayed and it was the antithesis of a Holiday Inn, or even a Hilton) are caring. We didn’t find any of the artisanal croissant bakers mentioned in a recent Wall Street Journal article, but it’s hard to imagine any better croissants than we got at Hotel de Buci or the shops across the street.

Smoke a Cuban cigar, sip an Armagnac, savor a coffee, wallow in great cars. How could it get much better?

RM Auctions Paris 2014 – Auction Report

Radcliffe Lamborghini Countach Sculpture
Lot # 1 Radcliffe Lamborghini Countach Sculpture; Day-Glo Orange; Estimate $108,152 – $148,709; 2 condition; Hammered Sold at $112,980 plus commission of 12.00%; Final Price $126,538 – – A full size sculpture of a Countach by Benedict Radcliffe, exhaustively detailed to the extent permitted by the 10mm (3/8-inch) diameter steel rods from which it is built. It is close to magical in its effect. [The automobilia commission rate is 17%, making the correct hammer price Euros 80,000.] – This much money would buy a full size, running and driving LP5000S Countach in good, sound condition, but it wouldn’t have the impact that this Day-Glo painted wire structure imparts.
1966 Alfa Romeo Giulia Super 4-Dr. Sedan Polizia
Lot # 3 1966 Alfa Romeo Giulia Super 4-Dr. Sedan ‘Polizia’; S/N AR337918; Grey/Tan vinyl; Estimate $20,279 – $27,038; Visually maintained, largely original, 3- condition; Hammered Sold at $33,798 plus commission of 12.00%; Final Price $37,853. No Reserve – Police radio, blue light, siren. – Quick, very flawed fresh repaint, decent new upholstery, orderly but aged engine. Rusted through right front fender. Old and cracked body seals. Used car dressed up for the auction. – The catalog says ‘used in many Italian movies’, an observation that is borne out by its movie car condition. Viewed from twenty feet or through a camera lens it looks the part. Up close it looks like a movie car, and this is all the money for what it is, and then some.
1970 Ferrari 365 GT 2+2
Lot # 8 1970 Ferrari 365 GT 2+2, Body by Pininfarina; S/N 12861; Engine # 12861GT; White/Black leather; Estimate $121,671 – $175,747; Visually maintained, largely original, 3- condition; Hammered Sold at $141,950 plus commission of 12.00%; Final Price $158,983. No Reserve – Centerlock alloy wheels, Blaupunkt Mannheim cassette stereo, P/W. – Cracked, musty-smelling old upholstery, old blue carpets. Quick repaint, like a used refrigerator. Dirty and aged underhood. An aged and neglected Ferrari with a mediocre fresh repaint. – A disappointing bought for a price that belies what it will cost to make it into a Ferrari the new owner will be proud to own and drive.
1974 Ferrari 365 GT4 BB
Lot # 12 1974 Ferrari 365 GT4 BB, Body by Pininfarina; S/N 18159; Red/Tan leather; Estimate $162,228 – $202,785; Visually maintained, largely original, 3 condition; Hammered Sold at $226,443 plus commission of 12.00%; Final Price $253,616 – RHD. A/C, P/W, centerlock Cromodora wheels, Goodyear Eagle tires. – Stored for almost two decades and not mechanically recommissioned .Paint blistering on both front fenders. Driver’s seat lightly soiled. Dashtop dried out. Old undercoat. A sound but aged BB. – The Berlinetta Boxer is an important transition for Ferrari that has been largely overlooked as collectors’ interest focused on earlier front engine V12s and later 288 GTO, F40, F50 and Enzo. That oversight seems to be in the process of being addressed, if this generous price for a car in dire need of extensive mechanical and cosmetic attention is any guide.
1940 Horch 853A Sportcabriolet
Lot # 14 1940 Horch 853A Sportcabriolet, Body after Erdmann & Rossi; S/N 854402; Black/Cream leather, Black piping; Black cloth top; Estimate $1,081,520 – $1,351,900; Rebodied or re-created, 3+ condition; Not sold at Hammer bid of $777,343 – Telefunken radio, fake rumble seat with fitted luggage, power steering, enclosed rear spare, wire wheels, dual spotlight-mirrors, fog lights, Horch lens headlights, Solex 2-barrel carb. – Rebodied on a chassis reportedly found in Russia around 1990. Body includes attributes of both Erdmann & Rossi and Glaser designs. Good older paint and chrome, very good interior and top. Missing some window seals, some scratched trim. Engine and chassis show ago and use. A sound and usable tour car. – An immense amount was invested to build this Horch so it is understandable that the consignor was reluctant to part with it at the reported high bid, as reasonable as it was considering the rebody and subsequent use.
1971 Mercedes-Benz 600 'Six-Door' Pullman Landaulet
Lot # 16 1971 Mercedes-Benz 600 ‘Six-Door’ Pullman Landaulet; S/N 10001512001861; Black; Estimate $108,152 – $162,228; Unrestored original, 4- condition; Hammered Sold at $648,912 plus commission of 12.00%; Final Price $726,782. No Reserve – Beaten, battered, partially stripped. ‘Needs everything’ is inadequate to describe how much this decrepit hulk will require. – Four times the high estimate. Only a Russian oligarch or Middle Eastern potentate could value the exclusivity of one of the 26 600 6-door Landaulettes this highly.
1971 Ferrari 246 GT Dino
Lot # 21 1971 Ferrari 246 GT Dino; S/N 02572; Fly Yellow/Black vinyl, Yellow cloth; Estimate $243,342 – $297,418; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $229,823 – Voxson 8-track stereo, Prototipo leather rim steering wheel, Cromodora alloy wheels, Carello headlight covers. – Repainted over filled sills and door bottoms. Awful coarse weave Yellow seat inserts, oily engine, underbody painted over old undercoat. Expect no pleasant surprises from this Dino. – It should have been on the market well before the reported high bid. [Photo courtesy RM Auctions, © 2013 Tiphaine Lanvin.]
1973 Porsche 917/30 Can-Am Spyder
Lot # 24 1973 Porsche 917/30 Can-Am Spyder; S/N 917/30-005; Blue, Yellow/Black; Estimate $2,838,990 – $3,920,510; Competition restoration, 3 condition; Not sold at Hammer bid of $2,703,800 – – Built by Porsche for Gerry Sutterfield in1980 with a 5-liter 1,100 hp twin turbo flat twelve and an original 917/30 chassis. Done to concours standards then passed through several collections including Hans Thulin and at least two in Japan. Never raced (or even existed) in period, nor to any significant degree in vintage racing. Orderly but aged vintage race car with shiny new paint. – A legendary Porsche but marked more by its lack of history than by a roster famous drivers and races. The reported high bid seems more than reasonable.
1950 Aston Martin DB2
Lot # 25 1950 Aston Martin DB2; S/N LML/50/13; Dark Blue/Black cloth; Estimate $365,013 – $466,406; Modified restoration, 2- condition; Hammered Sold at $439,368 plus commission of 12.00%; Final Price $492,092 – LHD. 2,922cc Vantage spec engine with triple Webers, silver painted wire wheels, Dunlop Racing blackwall tires, roll bar. – Raced at Sebring in 1950, finishing third in class, raced until 1960, then stored until 2008. Chief Judge’s Award winner at Greenwich in 2010. Thoroughly and very completely restored with excellent paint, chrome and interior. Paint is cracked by left boot hinge and losing adhesion under the window sills but other than that it is impeccable. – Sold by RM at Monterey in 2012 for $308,000 and, if anything, better now than it was then. A fast and rare Aston Martin that brought a reasonable price that values it most for its historic racing potential and overlooks its extensive competition modifications.
1969 Lola T70 Mk IIIb Coupe
Lot # 26 1969 Lola T70 Mk IIIb Coupe; S/N SL-106; Blue, ‘Sunoco’/Blue vinyl; Estimate $398,811 – $479,925; Competition car, original as-raced, 3+ condition; Hammered Sold at $202,785 plus commission of 12.00%; Final Price $227,119 – RHD. 383/450hp, four Weber carbs, BBS centerlock modular wheels, Avon racing tires. – Built by Sbarro in 1969 using a leftover Lola fame, first owned by Chuck Parsons but not known where it was raced, if it was. Chipped old paint. Orderly but raced engine, cockpit and chassis. Engine, clutch and transaxle rebuilt in 2005. – The absence of period racing history and not having been assembled by Lola weighed heavily on the bidders in Paris. By all accounts this should be a thrilling car to own and race, especially at this price, a good value.

RM Auctions Paris 2014 – Auction Report Page Two

1955 Ferrari 750 Monza Spider
Lot # 27 1955 Ferrari 750 Monza Spider, Body by Scaglietti; S/N 0498M; Red/Tan leather; Estimate $2,433,420 – $2,838,990; Competition restoration, 2 condition; Hammered Sold at $2,365,825 plus commission of 12.00%; Final Price $2,649,724 – RHD. Silver painted wire wheels, Dunlop Racing tires, driver’s windscreen, covered passengers seat, driver’s head fairing, original body included. – Fifth overall at Sebring 1955 driven by Piero Taruffi and Harry Schell for Luigi Chinetti then sold to George Tilp who put Phil Hill in it for a successful 1956 season in SCCA. Next owned by Jack Hinkle and raced by him and Paul O’Shea. Later owned by A.D. Logan and driven by Carroll Shelby and Ray Jones. Still later owned and raced by E.D. Martin. Sold to Australia in 1998 in derelict condition and restored there with the present new body with 625 GP engine 006. Restored like new with complete new body and includes the stripped and pieced together original body on a complete replica frame. – A hugely important, beautifully bodied 4-cylinder Ferrari with plenty of period racing history to make it a welcome addition at any event. And it would be easy to build a second one (in the event there’s a spare 4-cylinder Lampredi engine sitting around the shop) with the new body and frame. It is a good value at this price.
1964 Porsche 904 Carrera GTS
Lot # 28 1964 Porsche 904 Carrera GTS; S/N 904045; Engine # 904046; Irish Green/Black; Estimate $1,351,900 – $1,892,660; Competition restoration, 2 condition; Hammered Sold at $1,554,685 plus commission of 12.00%; Final Price $1,741,247 – Leather rim steering wheel, Dunlop Racing tires, sliding side windows, covered headlights. – Owned and raced with some success in the UK when new by Dickie Stoop. Freshly restored to like new condition. – Pure history, performance and rare beauty make this 904 a particularly attractive buy, especially at this price.
1982 Porsche 956 Group C Sports-Prototype
Lot # 29 1982 Porsche 956 Group C Sports-Prototype; S/N 956-004; Engine # 956-131; White, Blue ‘Rothmans’/Black; Estimate $2,838,990 – $3,920,510; Competition restoration, 3+ condition; Hammered Sold at $2,838,990 plus commission of 12.00%; Final Price $3,179,669 – RHD. – Third at Le Mans in 1982 driven by Hurley Haywood, Al Holbert and Jurgen Barth. Second at Spa and Kyalami driven by Vern Schuppan and and Derek Bell. Second at Spa in 1983 with Bell Stefan Bellof, then third at Brands Hatch. Restored for Willi Kauhsen by Porsche in 1992 and essentially unused since. Clean, orderly vintage race car. – Part of the important history of one of Porsche’s periods of endurance racing domination. Made even better by its restoration by Porsche and bought appropriately for its history and performance.
1955 Jaguar D-Type Sports Racer
Lot # 30 1955 Jaguar D-Type Sports Racer; S/N XKD 520; Engine # E2021-9; BRGreen/Green leather; Estimate $5,542,791 – $6,353,931; Competition restoration, 3+ condition; Hammered Sold at $4,461,270 plus commission of 12.00%; Final Price $4,996,623 – RHD. Driver’s head fairing and wraparound windscreen, passenger’s hard tonneau cover, Dunlop centerlock allot wheels, fire system, short nose body, Australian-built long nose included. – Delivered new to Australian and raced successfully there by four-time Australian champion Bib Stillwell. Later sold to AMPOL for Jack Davey, then Frank Gardner. 3.8 liter engine installed by the next owner, David Finch. Acquired in 1967 by Richard Attwood then sold to Sir Angus Spencer Nairn. Good older paint and interior. Restored and used for competition. Orderly underhood and chassis. – The positives are known history from new, successful Australian race history and, of course, the beautiful D-type with its great record. The negatives are the replaced engine and nose. The factors have been reasonably mixed and matched to accommodate this price.
1955 Jaguar XK 140MC Fixed Head Coupe
Lot # 31 1955 Jaguar XK 140MC Fixed Head Coupe; S/N S814488; Engine # G4243-8S; Grey/Red leather; Estimate $121,671 – $148,709; Older restoration, 2- condition; Hammered Sold at $141,950 plus commission of 12.00%; Final Price $158,983 – Chrome wire wheels, fender mirrors, fog lights. – An attractive Jag restored in 1998 to better than new condition now with some age and use. A few paint scuffs, seats are lightly stretched and creased, steering wheel is cracked. Interior wood is very good. – Sold by Christie’s at Pebble Beach in 1998 for $63,000 freshly restored and bought here wisely with a restoration that has stood the test of time.
1971 Lamborghini Miura P400 S `SV Specification', Body by Bertone
Lot # 33 1971 Lamborghini Miura P400 S `SV Specification’, Body by Bertone; S/N 4863; Blu Notte, Silver sills/Black leather; Estimate $608,355 – $743,545; Recent restoration, 2+ condition; Hammered Sold at $628,634 plus commission of 12.00%; Final Price $704,070 – RHD. A/C, centerlock alloy wheels, Michelin X tires. – First owned by Rod Stewart, present third owner since 1983. Freshly restored to showroom condition with better paint and interior. Engine is spotless and fresh. The colors are breathtaking. Thoroughly documented from new. – It is a privilege of what I do to introduce people to magnificent cars. This February I got to show my 12-year old granddaughter, Hannah Kiblinger, through RM’s Paris display. I waxed enthusiastically over the line of the D-type and the type’s competition history, enthused over the Alfas, went on endlessly about the Ferrari 750 Monza. At the end of the tour I asked, as grampas do, ‘What’s your favorite car?’ Hannah walked straight to this Miura and emphatically selected it. No question. This is a girl whose father wasn’t even a mote in his mother’s eye in 1971. That’s the effect of a Miura. And Hannah could care less about Rod Stewart. It’s a Miura, beautiful in Blu Notte. Some may opine that car collecting is in decline among Millennials: Miuras prove that wrong. That’s the message from Hannah Kiblinger, 12-year old California girl. And I love her for it (among many other things.) She’s got the eye.
2008 Peugeot 908 HDi FAP Le Mans Prototype
Lot # 34 2008 Peugeot 908 HDi FAP Le Mans Prototype; S/N 908-05; Blue, ‘PlayStation’/Black; Estimate $1,892,660 – $2,433,420; Competition car, original as-raced, 3+ condition; Not sold at Hammer bid of $1,892,660 – RHD. 5.5 liter 700+hp twin turbo V-12 diesel, 6-speed sequential transaxle. – 2nd at Le Mans in 2008, winner in 2009 and 2010 at Petit LeMans and Algarve, three 2nds, three poles, four fastest laps through 2010, one of nine factory raced cars. Offered by Peugeot with factory support (at ‘normal rates’) for two years but no software licenses or equipment. Clean and orderly but generally as it came off the track. – So complicated, and Peugeot is unlikely to make the underlying programs and maps available to historic racers which seriously compromises this car’s long term prospects in historic racing. That considered, the price offered approaches magnanimous.
1936 Delahaye 135 S
Lot # 37 1936 Delahaye 135 S 2-seater; S/N 47187; Blue/Black leather; Estimate $1,351,900 – $2,027,850; Competition restoration, 3+ condition; Hammered Sold at $1,216,710 plus commission of 12.00%; Final Price $1,362,715 – RHD. 3,557cc ohv six, 3 carbs, 160hp, 4-speed Cotal pre-selector gearbox, black wire wheels, halogen bulb single center driving light, helmet-style cycle fenders, Jaeger clock. – Raced to good effect when new by Rene Le Begue in 12 events in 1936 including winning its class and finished 2nd overall in the Spa 24 Hours. Rebodied for road use by the second owner Count Pierre Merlin, then again for the third owner. Returned to the current original body style in 2005 with a tuned engine for historic competition. Good older paint and upholstery. Restored to racing car standards and used accordingly. – Offered by Christie’s in London with the third, cabriolet, body in aged but original condition where it attracted a high bid of $467,017 but didn’t sell. Ten years later after much effort was spent on re-creating the original 2-seat sports/GP car coachwork and preparing engine and chassis, it brought an appropriate price even though it is less than RM’s low estimate. With its competition record and continuous ownership history it will be welcome just about anywhere its new owner wants to go with it and should still be an exciting ride or the road or race circuit.

1982 Rondeau M482 Le Mans GTP
Lot # 39 1982 Rondeau M482 Le Mans GTP; S/N M482-001; White, Blue ‘Ford’/Aluminum; Estimate $270,380 – $337,975; Competition restoration, 3+ condition; Hammered Sold at $256,861 plus commission of 12.00%; Final Price $287,684 – RHD. 550hp 3,296cc Cosworth DFV engine, gold center G&C modular wheels, Avon Racing tires. – The first of the M482 series, raced five times at LeMans from 1983-1987 with limited success. Retired in 1988 and recently returned to its first LeMans livery with good cosmetics but not used for a while and showing its age under the skin. – Limited success in period has benefits both in the collector value and the accessible technology that will contribute to this Rondeau’s moderate [relatively] cost for participating in historic competition. The new owner of this Rondeau got a lot of performance for a modest price.

RM Auctions Paris 2014 – Auction Report Page Three

1953 Gordini Type 24 S
Lot # 40 1953 Gordini Type 24 S; S/N 36; Light Blue/Black leather; Estimate $4,055,700 – $5,407,601; Competition restoration, 3+ condition; Not sold at Hammer bid of $3,379,750 – 2,982cc, 265hp inline dohc eight, 5-speed, envelope bodywork, silver painted wire wheels, full width windshield, exhaustively documented. – Raced at the Mille Miglia, LeMans, Carrera Panamericana and the Tour de France. Famously bought by Francoise Sagan in 1956 for the company’s debts and current wages owed. An old and sympathetic restoration. Sound paint, newer upholstery. Very much as it raced but prepared and presented to modern standards. – Magnificently displayed by RM, ultimate creation of ‘The Magician’ Amedee Gordini begs comparison with its Italian contemporaries. The design is of the Thirties, the competition more modern. Left to itself it is almost a relic, but its record transcends valuation.
1980 Alfa Romeo 179B Formula 1
Lot # 41 1980 Alfa Romeo 179B Formula 1; S/N 179B/04; White, Red ‘Marlboro’/Black cloth; Estimate $121,671 – $175,747; Competition restoration, 3+ condition; Hammered Sold at $202,785 plus commission of 12.00%; Final Price $227,119. No Reserve – 2,991cc/500hp V-12, 5-speed. – Best finish was in its first race, 5th driven by Bruno Giacomelli at Argentina. Raced only in 1980. Subsequently raced in Historic GP. Used, but orderly and close to, if not fully, race-ready with only one event on the rebuilt engine. – Highly mechanical which makes it more user-friendly for historic racing without the support of scads of geeks carrying laptops loaded with arcane software, thoughtfully presented and eminently usable. The bidders at Place Vauban appreciated its preparation and possibilities, paying generously for a car with neither significant race history nor a famed driver. This is a user-oriented price.
1966 Lancia Flaminia 2.8 Super Sport Coupe, Body by Zagato
Lot # 43 1966 Lancia Flaminia 2.8 Super Sport Coupe, Body by Zagato; S/N 826232002114; Engine # 8262002111; Metallic Green/Black leather; Estimate $229,823 – $297,418; Visually maintained, largely original, 3- condition; Hammered Sold at $243,342 plus commission of 12.00%; Final Price $272,543 – Floor shift, cream steel wheels with hubcaps and trim rings, Michelin X tires. – Oxide flecked steering wheel spokes, cracked wood rim, tired, scratched chrome, tired upholstery. A used car with fresh paint and recently sorted engine and brakes. – The recent work and repaint does little to cure the apparent long dormancy of this Flaminia, probably necessitated by sitting for a long time in an Italian Flaminia collection. It’s inherently attractive but not presented in reassuring condition and brought a generous price that recognizes its potential more than its condition.
2010 Ferrari 599XX
Lot # 44 2010 Ferrari 599XX; S/N ZFF69PXX000170354; Red, Matte Grey roof/Black cloth; Estimate $1,081,520 – $1,487,090; Unrestored original, 2 condition; Not sold at Hammer bid of $912,533 – 5,999cc/730hp, F1 sequential 6-speed, active aerodynamics, A/C. – 600 miles, used only for pre-delivery testing and one track event. Little if any use. Driver’s seat is virtually new. Tire sidewalls are badly cracked. Paint and splitter are unmarked. Not updated with the 750hp enhanced aerodynamics Evoluzione package (necessary to participate in current Corse Clienti track events.) – The prospect of facing re-commissioning costs and an expensive update to Evoluzione cast a pall on this 599XX and goes a long way toward explaining why the Place Vauban bidders failed to get sufficiently excited about it.
1990 Ferrari F40
Lot # 45 1990 Ferrari F40; S/N ZFFGJ34B000082727; Engine # 19387; Red/Red leather; Estimate $608,355 – $675,950; Cosmetic restoration, 2- condition; Hammered Sold at $621,874 plus commission of 12.00%; Final Price $696,499. No Reserve – Speedline modular wheels, Michelin Pilot Sport tires, A/C, no catalytic converters or adjustable suspension, Fuchs titanium exhaust, tools, books, car cover. – Two owners from new, 54,257km. A very clean and orderly car, particularly the fresh paint and leather upholstery, that seems to have led the life every F40 should with plenty of enthusiastic use and all its needs and desires met in between. – Low miles garage art F40s are much more common than ones with this kind of regular use and clearly superior maintenance. Its price reflects the confidence the Paris bidders had in it.
1939 Alfa Romeo 6C 2500 Cabriolet
Lot # 46 1939 Alfa Romeo 6C 2500 Cabriolet, Body by Tüscher; S/N 913014; Grey, Ivory/Light Grey leather; Ivory leatherette top; Estimate $337,975 – $432,608; Older restoration, 2- condition; Hammered Sold at $358,254 plus commission of 12.00%; Final Price $401,244 – RHD. Single carburetor 90hp engine, Marchal headlights, rear-mounted spare. – Longterm restoration by the previous owner starting in 1976, completed in 1997. Unique coachwork by Tüscher (still building busses in Zurich) and reported by Anselmi to be the earliest surviving 6C 2500. A high quality restoration with excellent cosmetics, showing some careful use. – Just 186 km more on the odometer today than when RM sold it in Arizona in 2001 for $121,000. The car has several distinctions, coachwork design not being one of them, and brought a handsome but not unreasonable price today.
1983 Lancia 037 Group B Rally
Lot # 49 1983 Lancia 037 Group B Rally; S/N ZLA151AR000000210; White, ‘Martini’/Black; Estimate $527,241 – $621,874; Competition restoration, 3 condition; Not sold at Hammer bid of $486,684 – Loaded with rally and safety equipment. – Part of the Lancia and Martini rally teams in the 1983 WRC championship season. 5th at the Acropolis Rally, same in the 1,000 Lakes. Used in some subsequent events. Very cool and not abused or neglected. – Not sold? At this bid? This is half a million dollars plus (with commission) for a highly cool historic rally car devoid of important successes when run. It should have found a new home.
1965 Ford Mustang Notchback Race car
Lot # 50 1965 Ford Mustang Notchback Race car; S/N 5F07C602557; White, Matte Black hood, Blue stripe/Black cloth; Estimate $101,393 – $128,431; Modified restoration, 3+ condition; Hammered Sold at $81,114 plus commission of 12.00%; Final Price $90,848. No Reserve – 5-spoke alloy wheels, Dunlop Racing tires, modified engine with Holley 4-barrel, fire system, single Corbeau seat, oil cooler, Mallory distributor, FIA HTP. – Freshly built with only shakedown and testing miles since completed. Neat chassis. Good paint and chrome. Everything is neat, orderly and functional. – The new owner couldn’t have this Mustang built to these specs for the price paid here, a sound value in a professionally built and fully safety equipped vintage racer.
1930 Lancia Lambda 8th Series Short-Chassis Tourer
Lot # 52 1930 Lancia Lambda 8th Series Short-Chassis Tourer; S/N 21463; Green/Dark Red leather; Faded cloth top; Estimate $148,709 – $202,785; Visually maintained, largely original, 3 condition; Not sold at Hammer bid of $121,671 – RHD. Dual rear-mounted spares, fog light, thoroughly gauged up including altimeter and thermometer. – Original except one (1934) repaint and seat coverings. Carpets and door panels, top and side curtains are original. Really, really nice thing but definitely not like new. Owned by R.H. Edgar and his family in Australia from 1934 until 2012 with a big history file. – The present appeal of originality and patina is optimistically reflected in the estimate range for this Lancia and it is disappointing that it didn’t find a new owner. A restoration would rob it of character, however, and using it in the present condition is a daunting prospect.

[Source: Rick Carey]

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7 Comments

  1. Hi Rick. Very true and straightforward view on the auctioned cars. Especially on the Ferraries I do agree on all your points. I would have liked to know what you thought of the Cars at Bonhams at Grand Palais. It was interesting to see how much money you can burn when you have lack of expertice. Kind regards

  2. I enjoyed reading your comments about the cars. Very to the point, and none of the wanker speak so often used these days.

    Your granddaughter has a good eye, hopefully she ends up with someone down the road who appreciates it.

    Best,

    Jim

  3. “Four times the high estimate. Only a Russian oligarch or Middle Eastern potentate could value the exclusivity ” An excellent description, as usual. Thank you for always providing great auction coverage and insight.

  5. I know this is being picky, but the driver of lot 29 you referred to as “Henley Haywood” was, of course, the inimitable Hurley Haywood. Love your reports, though.