Gooding and Company Scottsdale 2015 – Auction Report
Gooding and Company, Fashion Square, Scottsdale, Arizona January 16-17, 2015
Gooding and Company first made its appearance in Scottsdale in 2008, becoming the fifth entrant into the annual winter gathering of collectors and dealers to kick off the New Year joining Barrett-Jackson, Russo and Steele, RM (since 2000) and Silver. Success has followed after firmly planting the Gooding presence in Arizona with a noteworthy $21 million sale in that first year.
With its easily accessible location at Fashion Square just outside Old Town Scottsdale and an abundance of free parking in the mall’s multi-level garage, Gooding has succeeded with a consignment formula that has grown to emphasize fine unrestored cars and a few magnificent, beautiful, rare cars supported by a broad selection of less expensive but still highly desirable cars that appeal to a wider audience.
Combined with a genteel presentation (and the welcome presence of the Chubb coffee bar providing caffeine fuel needed on long days of perusing wonderful cars) Gooding & Company has become an essential element of Arizona’s auction week.
This year the Gooding & Company Scottsdale sale combined two of its thematic strengths with the headline car, Ferrari 250 GT California Spider s/n 1425GT, at once meeting both the criterion that it be beautiful and rare and also ticking the largely unrestored box, after almost fifty years in the hands of its long term owner, Jack Castor.
Fans of dirty cars had plenty else to contemplate, from the gorgeous little dirty Alfa Giulietta SZ to an even dirtier 289 Cobra. The phalanx of detailers constantly dusting and cleaning must have been sorely tempted.
Gooding also made its contribution to the millions raised for charities at the Arizona auctions with the sale, benefiting the USO, of Jay Leno’s Challenger SRT/8 which raised $360,000 helped in no small measure by car-guy Leno’s quips and encouragement on the block.
Here are the numbers:
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The trend shown by the performance against estimate is intriguing as an increasing percentage of cars are hammered sold below their low estimate, and fewer over the high. It is probably at least partially a function of a market that has been going up but recently at a rate slower than that anticipated by consignors and the auction company when setting the pre-sale estimates. The fact that they sold, however, shows that reserves were set less optimistically. The variance from estimate is highlighted in some of the individual transaction reports that follow.
Gooding and Company Scottsdale 2015 – Auction Report
Lot # 002 1962 Jaguar Mk 2 3.8 4-Dr. Sedan; S/N P219796BW; Opalescent Dark Green/White leather; Estimate $80,000 – $100,000; Older restoration, 2 condition; Hammered Sold at $48,000 plus commission of 10.00%; Final Price $52,800. No Reserve – 3781/220hp, automatic, steel wheels, original Blaupunkt AM/FM radio, stainless steel exhaust, aluminum radiator, Jaguar-Daimler Heritage Trust Certificate. – One-owner car until 2009. Original LHD model. Completely restored in original colors, refinished wood. Showroom condition. – Sold at Bonhams here in Scottsdale a year ago for $44,000, now shows just 17 more miles on the odometer. The generous estimate range might have led the bidders into uncharted territory for a Mk 2 3.8 but they ended up paying a realistic price for a sound and attractive Mk 2.Lot # 003 1973 MG B Mk III Convertible; S/N GHN5UD322122G; Harvest Gold/Navy Blue; Black top; Estimate $25,000 – $35,000; Unrestored original, 2 condition; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100. No Reserve – Original radio, tools and jack, chrome bumpers, headrest seats. – 18,680 miles, five owners, one covering only 1,713 miles in 21 years. Original and as-delivered, correct in every detail, only the top has been replaced. A time capsule. – This is a $15,000 car with an equal premium for low miles and originality. A $15,000 originality/miles premium isn’t a lot, but it is when it doubles the price of car.Lot # 005 1963 Volkswagen Karmann Ghia Coupe; S/N 5287401; Light Blue, White roof/Light Blue; Estimate $35,000 – $55,000; Visually maintained, largely original, 2 condition; Hammered Sold at $34,000 plus commission of 10.00%; Final Price $37,400. No Reserve – Luggage rack, Blaupunkt radio, wide whitewall tires, fender mirrors, hubcaps, trim rings, bumper overriders. – Just about the best way to start collecting. An excellent original survivor in period colors of pale blue over turquoise, with good chrome and glass, very good interior. A clean, honest, quality car. – Twice the value of a comparable 1.2 liter Beetle sedan, but a lot more pretty and rare, this is still a generous price for a Karmann Ghia coupe.Lot # 006 1967 Shelby Mustang GT350 Fastback; S/N 67200F9A02383; Candy Apple Red/Black vinyl; Estimate $140,000 – $160,000; Enthusiast restoration, 3+ condition; Hammered Sold at $115,000 plus commission of 10.00%; Final Price $126,500. No Reserve – 289/306hp, 4-speed, power brakes and steering, AM radio, fold down rear seat, chrome rim styled wheels. – One of 1,175 built with longer fiberglass hood with intakes and fiberglass tail with “California Special” sequential lights. Includes sales and restoration documents. Restored by SAAC member over a 20 year period. Thick paint, poor hood and trunk fit, door fit is a little better but still off, dash is wavy while the rest of the interior is decent. More attention should have been paid to the quality of the important work than to the ‘chassis overspray and calk marks.’ This old restoration needs work again. – Sound and usable, but nothing that will make a good impression at a SAAC meet, the bidders paid full retail for a car with abundant needs.Lot # 007 1964 Austin-Healey 3000 Mk III Convertible; S/N HBJ8L26434; White/Black leather; Black top; Estimate $75,000 – $95,000; Visually maintained, largely original, 3- condition; Hammered Sold at $46,000 plus commission of 10.00%; Final Price $50,600. No Reserve – Overdrive, silver painted wire wheels, blackwall tires. – An original Nevada car bought by Arizona couple in 1970 used only four years then parked until 2012 when Healey Lane brought it back to life without a full restoration. Panel fit is good, paint is very good, interior is savable but the carpet is done for. Boot OK, top probably not, dash delaminated. New exhaust, engine serviced, carburetors rebuilt. – This is a ‘Phase 1’ without the desirable later modifications for greater ground clearance. It is rare, but not particularly desirable and that is reflected in the superficial treatment it got from the experts at Healey Lane. It’s just a car, and it brought a realistic price.Lot # 009 1961 Alfa Romeo Giulietta Sprint Coupe, Body by Bertone; S/N AR158831; Red/Red, Black; Estimate $70,000 – $90,000; Recent restoration, 2 condition; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000. No Reserve – 1290/65hp, single Solex, 5-speed, Becker Europa radio. – Excellent paint, badges and chrome, excellent panel fit, good interior. Clean under hood. No chips on paint, some chips and scratches on glass. – Freshly done to very good, usable, standards, but the price paid should have brought dual Webers and hot cams under the hood. In other words, this is generously priced for a Normale.1962 Lotus Elite Coupe, Body by Bristol; S/N 1318; Light Blue/Tan; Estimate $120,000 – $150,000; Unrestored original, 3 condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000. No Reserve – 1220/83hp, single SU carb, wire wheels, blackwall tires, original tool kit. – A 22,966 mile survivor Lotus Elite, a lifetime California car. One of 1,013 built. Generally very sound, though the seats have collapsed and the door trim will tear your pants. Good paint, but usual wobbly bodywork common to early fiberglass. Seals have perished, aluminum back bumper is dented. A legitimate survivor. – An intriguing little car that built its own legend for light weight and superior performance. Elites have always been valuable and the price this one brought reflects a meaningful premium for its low miles and originality with at least some hope that the equally legendary Lotus gremlins have been worked out over the past half century.Lot # 018 1967 Ferrari 330 GTC Coupe, Body by Pininfarina; S/N 10683; Grey/Tan leather; Estimate $750,000 – $850,000; Cosmetic restoration, 2- condition; Hammered Sold at $825,000 plus commission of 10.00%; Final Price $907,500. With Reserve – Painted alloy wheels, Michelin XWX blackwalls, Becker Europa II AM-FM. – Excellent paint, chrome and interior. Even gaps, flush fits. Old undercoat in wheelwells. A quality, fresh cosmetic restoration. – Sold post-block by Gooding at Pebble Beach in 2012 before its recent cosmetic attention, it was a sound value at that time and the subsequent attention it has received, as well as the 330 GTC’s coming into favor, is dramatically evident in the generous price it brought here.
Gooding and Company Scottsdale 2015 – Auction Report Page Two
Lot # 019 1958 MG A Twin Cam Roadster; S/N YD3754; Red/Black leather; Black top; Estimate $75,000 – $95,000; Recent restoration, 2 condition; Hammered Sold at $71,000 plus commission of 10.00%; Final Price $78,100. No Reserve – 1489/72hp, 4-speed, center-lock disc wheels, four-wheel disc brakes, woodrim steering wheel, fender mirrors, bumper overriders, books, tools, tonneau cover and BMHT certificate. – Freshly restored with very good paint and chrome, well done interior, though the leather is too dull. Good fender welting, OK panel fits except for doors as usual. Top has rubbed the rear cowl. Time and technology have been kind to the twin cam which has lost its “grenade” reputation, thanks to mechanical improvements. – Bought close to the low estimate, but the low estimate is high, even for a freshly restored Twin Cam done by a specialist. This is the most expensive MG A Twin Cam I’ve ever seen at auction, and it may be the best Twin Cam but the new owner paid full retail and a premium for it.Lot # 021 1959 Morgan Plus 4 Roadster; S/N 4322; Maroon, Race/Tan; Tan top; Estimate $110,000 – $130,000; Competition restoration, 3 condition; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000. No Reserve – 1991/128hp, two SUs, Derrington headers and intake manifold, 4-speed, white painted wire wheels, driving light, alloy body. – One of 14 factory lightweights built to Sebring specifications and one of five BabyDolls built by Lew Spencer. BabyDoll III was bought new by broadcaster and track announcer Dick Sisich who owned it for 52 years, and competed in SCCA races and hill climbs. Scored three Best in Class concours wins. Superior finish for a race car, with maroon paint, Sisich’s name, number and race group, unusual yellow wire wheels. Some paint chips, interior mildly worn. – Great condition and interesting history put this TR2-engined Plus Four ahead of the pack in value.Lot # 024 1960 Fiat 600 Jolly, Body by Ghia; S/N 100652629; Dark Blue, White/Wicker; White top; Estimate $80,000 – $100,000; Recent restoration, 1 condition; Hammered Sold at $155,000 plus commission of 10.00%; Final Price $170,500. No Reserve – Wicker seats and fringed surrey top. – This car was bought new by collector Greg Garrison to use on his ranch in Hidden Valley. Bought from his estate in 2011, accompanied by maintenance manual and photographs documenting the restoration. With only 1,350 miles on it was given the full over-the-top treatment, including the invention of a two-tone paint job, new floors, wiring, wicker seats, surrey top, instruments and chrome. Over the top and beyond perfect. – Jolly prices are hard to understand and even harder to predict, but no one could have predicted that this one, even in its far better than new condition, low miles (which begs the question, ‘Why did it need new floors?’) and intriguing Greg Garrison history would bring so much. The Gooding tent went silent as the bidding climbed, the onlookers struck dumb by the excess. The result is even more over-the-top than the condition.Lot # 025 1963 Ferrari 250 GT/L Lusso Coupe, Body by Pininfarina/Scaglietti; S/N 5225GT; Eggplant/Black leather; Estimate $1,600,000 – $1,800,000; Visually maintained, largely original, 3 condition; Hammered Sold at $1,750,000 plus commission of 10.00%; Final Price $1,925,000. With Reserve – Chrome spoke Borranis, Avon blackwall radial tires, Talbot outside mirrors. – Tired, cracked old color-changed paint, sound interior, aged instruments, fresh original engine. Old sound deadener everywhere. Clean, orderly engine compartment. A good, solid driver that can be used as is or an excellent basis for a restoration. – And for which all the money was paid. Beautiful, comfortable Lussos crossed into seven figures about three years ago, and haven’t broken stride since.Lot # 027 1958 Rolls-Royce Silver Cloud I Drophead Coupe, Body by H.J. Mulliner; S/N LSFE451; Grey/Burgundy leather; Black top; Estimate $500,000 – $700,000; Older restoration, 2- condition; Hammered Sold at $500,000 plus commission of 10.00%; Final Price $550,000. With Reserve – AM radio, fog lights, automatic, three pieces of fitted luggage, Continental Touring kit of spares and service items, owner’s handbook. – One of 11 H.J. Mulliner design No. 7410 left-hand drive drophead coupes. Given to Frederick Loewe who composed the music for “My Fair Lady” by the publisher, Chappell & Co. Another went to his partner, lyricist Alan Jay Lerner. Immaculate example of best Silver Cloud body style. Superb paint and panel fit, excellent chrome, but the leather is faded and the wood trim on top of the passenger door is worn. Has always been loved and maintained, a car that has never needed restoration. – Sold by Gooding at Pebble Beach in 2011 for $451,000 and now showing just 193 more miles on its odometer but a little more age on the car. It is impossible to argue with the price it brought here.Lot # 028 1955 MG TF 1500 Roadster; S/N HDP46/7776; Engine # XPEG/1599; Black/Red leather; White top; Estimate $55,000 – $65,000; Older restoration, 2- condition; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000. No Reserve – Cautiously represented as matching numbers, folding windshield, Brooklands aeroscreens, Lucas driving lights, headlight stone guards. Includes books and tools. – This older (2005) restoration must have been used enthusiastically, as the driver’s seat leans. The paint is sound but too shiny, and the chrome wire wheels are gaudy. There’s also some rust on the rear gas tank. Nitpicks on an otherwise excellent car. – An exuberant result for a $50,000 car.2004 Ferrari 360 Challenge Stradale Coupe, Body by Pininfarina; S/N ZFFDU57A140134718; Red, Tricolor stripe/Red, Black; Estimate $200,000 – $230,000; Unrestored original, 2 condition; Hammered Sold at $260,000 plus commission of 10.00%; Final Price $286,000. No Reserve – Scuderia shields, factory stereo, books, manuals, tools. – Like new. Described as under 1,500 miles from new. – One of 852 built, the Challenge Stradale was never an inexpensive car and it doesn’t seem to be suffering from late model depreciation. Cavallino’s Price Guide puts the Challenge Stradale at $125-130,000, half the result here. Barrett-Jackson’s similar car (with a no-airbag collision report on its CarFax) was $92,400. The FML Asking Price Index is $126,716 and there’s one offered in the current issue of FML for $164,900. Buy it quick and consign it to Gooding’s Amelia Island auction.
Gooding and Company Scottsdale 2015 – Auction Report Page Three
Lot # 038 1990 Ferrari 641/2 Formula 1; S/N 120; Red/Beige suede; Estimate $800,000 – $1,100,000; Competition restoration, 2 condition; Hammered Sold at $900,000 plus commission of 10.00%; Final Price $990,000. With Reserve – 3.5/685hp 65-degree V-12, 7-speed sequential gearbox. – Driven by Nigel Mansell in 1990, winner at Portugal, second at Spain and Australia, during Ferrari’s Manufacturers’ Championship season led by Alain Prost. Race-ready with factory finishes and appearance. Ferrari Classiche certified. – An important artifact of an important period in Ferrari F1 history with V-12 power and [relatively] simple mechanics, this is a Ferrari F1 that can be, and has been, driven by ordinary mortals with experience and discretion. The price reflects its usability and beneficial history.Lot # 040 1956 Maserati A6G/2000 Coupe, Body by Allemano; S/N 2165; Engine # 103; Red/Black vinyl; Estimate $750,000 – $950,000; Unrestored original, 4 condition; Hammered Sold at $650,000 plus commission of 10.00%; Final Price $715,000. With Reserve – 1986/160hp, 3 Weber carbs, 4-speed, Wire wheels, Condor Electronik radio, Weber 36DC4 carbs, windshield washer. – Dead, dull old repaint, sound older replaced upholstery, rusty wheels, filthy engine (doesn’t run, but isn’t frozen.) Needs everything but a great place to start. – A seriously handsome automobile with finely detailed fender side vents and generous windows in the greenhouse. It is a long, convoluted and expensive road from here to a concours, but this is a concours-worthy Maserati and its price is realistic.Lot # 046 1959 Ferrari 250 GT California LWB Spider, Body by Scaglietti; S/N 1425GT; Red/Black leather; Estimate $8,000,000 – $10,000,000; Unrestored original, 4+ condition; Hammered Sold at $7,000,000 plus commission of 10.00%; Final Price $7,700,000. With Reserve – Chrome spoke Borrani wire wheels, Pirelli radial blackwall tires, Marchal grille-mounted fog lights, covered headlights, carburetor cold air box, tool roll, original spare wheel and tire, history file. – Mostly original, with indifferent repaint over old paint, tired chrome, edge chips, old undercoat, cracked original upholstery, good gauges. Owned by Jack Castor since acquiring it from Tom Meade in 1969, never restored since its trip through Meade’s shop and it looks like it. This is ‘original’ carried about as far as it can reasonably be. – A rare example of how good a good car can be after nearly a half century in a single owner’s caring hands. It is arguable that this Cal Spider needs nothing more than continuing care and attention. It will never win a preservation award and the Meade touches like the covered headlights inhibit its recognition by Ferrari Classiche, but this is still a great Ferrari bought at a realistic price.Lot # 049 1991 Ferrari Testarossa Coupe, Body by Pininfarina; S/N ZFFSG17A7M0086827; Red/Tan leather; Estimate $110,000 – $140,000; Unrestored original, 2 condition; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000. No Reserve – A/C, owner’s manual, tools, service records. – Nearly like new. Recently engine-out serviced with cam belts and new tires. The odometer shows 8,231 probably original miles. A pristine Testarossa. – The bidders at Fashion Square stepped up to send this Testarossa to the top of its estimate range based on its low miles, benign history and recent service. It would have been better to have the original tires (for display only) on a car that will probably never reach 10K miles as its continuing preservation overwhelms its driving performance.Lot # 050 1956 Fiat 600 Multipla; S/N 100108015519; White, Green roof/Green vinyl; Estimate $60,000 – $80,000; Unrestored original, 3 condition; Hammered Sold at $34,000 plus commission of 10.00%; Final Price $37,400. No Reserve – Whitewall tires, roof rack, bumper overriders, books, tools and spare parts. – Charmingly original, well maintained with expected wear. Retained by its original Florida owner until 1996, with one owner since. – Bought appropriately for its model, equipment and condition at 56.7% of the pre-sale low estimate.Lot # 052 1970 Ford Mustang Boss 429 Fastback; S/N 0F02Z112807; Grabber Blue, Black/Black; Estimate $200,000 – $250,000; Older restoration, 2- condition; Hammered Sold at $225,000 plus commission of 10.00%; Final Price $247,500. No Reserve – 429/375hp, 4-speed, Hurst T-handle shifter, power steering and brakes, Magnum 500 wheels, F60-15 Polyglas GT tires, 3.91 Traction-Lock axle and center console, KK #2192. – The is car was reported as being restored in the early 2000s, then detailed recently. It was a spectacular example with good paint, fair panel fit, rear window trim not fitted well. Expertly detailed inside and out, and in the engine compartment. The only oddity was the lack of an ownership trail. Sold in Memphis in 1969 and was accompanied by the window sticker and Marti report. – Sold at Barrett-Jackson in 2010 for $176,000, offered at Mecum Monterey in 2013 with a reported high bid of $215,000, then at Auburn Fall in September of last year where it bid to $175,000. Boss 429 prices recently have been all over the lot; this is one of the more modest, and for a car in such good condition it is a sound value for its new owner. It’s half the price of Ron Pratte’s at Barrett-Jackson.Lot # 053 1970 Ferrari 246 GT Dino Coupe, Body by Scaglietti; S/N 00600; Polo White/Black vinyl; Estimate $550,000 – $750,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $430,000 plus commission of 10.00%; Final Price $473,000. With Reserve – 5-bolt alloy wheels, Michelin XWX tires, L-series. – Factory development car fitted with later 5-bolt wheels before first sale. 84,371km from new. Very good original paint, chrome and interior. Attractive showroom condition engine compartment. Underbody resprayed with shiny, gritty underseal over old undercoat. Cosmetically freshened to take advantage of the market. – A sound, well maintained, impressively original L-series Dino with factory history that brought a handsome premium for its unusual attributes and originality, even if it wasn’t the result suggested by Gooding’s pre-sale estimate range.Lot # 054 1961 Porsche 356B 1600 Super Roadster, Body by d’Ieteren Freres; S/N 89427; Engine # 745386; Gray/Beige leather, Green piping; Green cloth top; Estimate $175,000 – $225,000; Modified restoration, 2- condition; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000. No Reserve – 1582/90hp 912 engine, Weber carbs, 5-speed, Nardi woodrim steering wheel, silver painted wheels, no hubcaps, Michelin Harmony tires, extra engine cover louvers, LED taillights. – New crankcase. Excellent paint but with missed masking under the windshield frame. Beautiful interior, sharp gauges. Underbody is restored like new with minimal use. A handsome and largely original appearing ‘outlaw’ Porsche that should be a ball to drive. – Sold at Bonhams auction in Philadelphia last October for $134,750 and showing 42 more miles on the odometer since then. The $15,250 more it brought on the hammer here will disappear in the commission, consignment fee and transportation, but if it had made its low estimate it would have been egregiously expensive.
Gooding and Company Scottsdale 2015 – Auction Report Page Four
Lot # 055 1967 Toyota 2000GT Coupe; S/N MF1010193; Red/Gray; Estimate $900,000 – $1,100,000; Recent restoration, 2 condition; Not sold at Hammer bid of $650,000. With Reserve – 1988/150hp, 5-speed, alloy wheels, fender mirrors, blackwall tires – One of only 84 LHD examples of the 337 built. It was shipped to Switzerland in 1969 but not sold until 1971. It remained Swiss collections and was restored three times, 1982, 1993 and 2014. A solid example, with good paint and body fit and a lovely interior. Some of the trim showed slight wear, and the tires were only fair. – It is reasonable to ask why an essentially unused car, in collector ownership since it passed out of the hands of the original Swiss dealer, needs to be restored three times? It was a red flag that the Fashion Square bidders didn’t miss.Lot # 057 1962 Mercedes-Benz 300SL Convertible; S/N 19804210003060; White, Black hardtop/Red; Black top; Estimate $1,750,000 – $2,250,000; Visually maintained, largely original, 3+ condition; Not sold at Hammer bid of $1,550,000. With Reserve – Euro headlights, hubcaps, trim rings, whitewalls, – The last version of the 1,858 roadsters built, one of 218 with four-wheel disc brakes and the alloy engine block. A European model imported in the 1970s, it was in one family for 30 years. Front bumper does not fit well, chips on the passenger side trunk lid, driver’s seat split and surface cracked, scratched hubcaps, cracked steering wheel. Desirable and sound, but aged and flawed. – A desirable, sound and usable 300SL Roadster, but aged to a point where it’s on the cusp of the restore-or-preserve quandary. The bidders settled on the side of restoration and left some headroom at the reported high bid for the work this Roadster needs.Lot # 058 1956 BMW-Isetta 300 Cabriolet Bubble Window; S/N 494599; Orange, White/Orange; Estimate $50,000 – $70,000; Recent restoration, 2 condition; Hammered Sold at $62,000 plus commission of 10.00%; Final Price $68,200. No Reserve – Folding rear top section, folding roof, bubble side windows. – Great condition and excellent paint and interior, U.S. model with three front bumpers and “Mickey Mouse” rear lights. Interior not typical, and steering wheel should be white. Incorrect wiper arm. – The benchmark for similar cars is the one sold from the Bruce Weiner collection by RM two years ago. It brought $89,700 and was no better than this. Twenty Grand less sounds like an appropriate difference when considered in the light of the microcar madness that prevailed in Georgia.1966 Porsche 911 Coupe; S/N 303982; Gulf Blue/Black vinyl; Estimate $200,000 – $240,000; Recent restoration, 2+ condition; Hammered Sold at $155,000 plus commission of 10.00%; Final Price $170,500. No Reserve – 1991/130hp, 5-speed, chrome wheels, blackwall tires, underbumper fog lights, early “wood dash” short wheelbase 911, with bill of sale, manual, tools, records, jack, date-coded spare, Kardex and Porsche Certificate of Authenticity. – Recently restored to high standards with excellent paint, trim and panel fit. Good chrome, clean engine compartment, tidy interior. No mention of matching numbers. An attractive example. – Early 911s are on fire, with values going up in seemingly daily increments. The Gooding & Company bidders paid a realistic price for this very good example (ignoring the lack of an engine number in the description) and not being tempted into the record-setting territory suggested by the estimate.Lot # 061 1983 Lamborghini Countach LP500S Coupe, Body by Bertone; S/N ZA9C00500DLA12607; Black/Beige leather; Estimate $450,000 – $550,000; Visually maintained, largely original, 3 condition; Hammered Sold at $355,000 plus commission of 10.00%; Final Price $390,500. With Reserve – European specification Countach, one of 321 of this generation. Wider Ozzeta wheels, flared arches, big wing, smaller European bumpers. Signed on the dashboard by Valentino Balboni. – Driven, repainted, with chips and cracks and the driver’s seat was worn but was a sound and honest car. Balboni isn’t Carroll Shelby, but in Lambo circles he’s close. No mention of Federalization. – People who had Countach posters on their bedroom wall as children now have money to buy these cars, and prices are reflecting that. This was the real thing and it brought appropriate money.Lot # 062 1956 Mercedes-Benz 300C Sedan, Body by Sindelfingen; S/N 1860176500835; Strawberry Red Metallic/Tan leather; Black top; Estimate $75,000 – $100,000; Visually maintained, largely original, 3- condition; Hammered Sold at $77,500 plus commission of 10.00%; Final Price $85,250. No Reserve – Full-length Webasto sun roof, Becker Mexico radio, fog lights,. Limited ownership. – Enormous car in an eye popping color. Canvas roof needs replacing, driver’s seat has been re-dyed, windshield is chipped, interior wood is good. Good bodywork and paint, decent chrome and trim. A well maintained car that has received work as needed but never been restored and it shows. – A $35,000 car, maybe $50,000 with the rare sunroof and benign history, but far beyond retail at the price it brought here.Lot # 063 1967 Volvo P1800S Coupe; S/N 183451023614; Red/Black leather, vinyl; Estimate $50,000 – $70,000; Visually maintained, largely original, 3 condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000. No Reserve – Disc/drum brakes, AM/FM radio. – Single ownership from new until 2013 with 10,236 miles stated as all it has covered. A semi-survivor with body and wheels repainted, new grille and trim and maybe bumpers. Pitted vent window frames, as are the headlight and parking light trim and mirror. Badly worn front seats, rear seat recovered in vinyl. The new owner might as well finish the job. – The worn front seats argue against the claim of 10,236 miles from new, but the bidders took the bait and pushed this P1800S into record price territory for a $30,000 car (on the best of days.)
Gooding and Company Scottsdale 2015 – Auction Report Page Five
Lot # 102 1959 Fiat 1200TV Cabriolet, Body by Fiat Vetture Speciali; S/N 004244; Black/Black; Estimate $80,000 – $120,000; Recent restoration, 2+ condition; Hammered Sold at $74,000 plus commission of 10.00%; Final Price $81,400. No Reserve – Wind-up windows, canvas top, wire wheel covers, whitewall tires. – Everything complete with all the rare parts, like badges, hubcaps etc. Good paint, chrome, interior, glass and trim. New taillights, but faded flasher lenses. Preservation class winner at Concorso in 2005, then restored. – OK, so it’s rare. It’s (sort of) pretty. And it’s cute. But this is Fiat Dino money. A Dino is rare, pretty, (sort of) cute and has three times the horsepower. This car is blindingly expensive. Gooding sold it once before, at Pebble Beach in 2010, for $60,500.Lot # 105 1951 Willys Model 6-73 Station Wagon; S/N 1S18345; Brown, Beige/Brown leatherette; Estimate $30,000 – $40,000; Cosmetic restoration, 2+ condition; Hammered Sold at $34,000 plus commission of 10.00%; Final Price $37,400. No Reserve – 161/75hp 6-cylinder, overdrive 3-speed, radio, fold down seats, blackwall tires, grille guard. – Black plate California car. An exceptional cosmetic restoration with better than new paint, interior, tires and chrome bumper and bumper guards. Sure to set hearts racing a Jeep gatherings. – This Jeep wagon caught the attention of the bidders early on Saturday at Gooding’s Fashion Square compound, pushing it well into mid-estimate range. It is, however, an exceptional example and a better way to spend generously than other vehicles in less attractive or usable condition.Lot # 108 1961 Chevrolet Corvette Convertible; S/N 10867S110174; Engine # 1110174 F0530CU; Black, Silver coves/Red vinyl; Black vinyl top; Estimate $90,000 – $120,000; Older restoration, 3 condition; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000. No Reserve – 283/270hp dual quads, 4-speed, later AM-FM, spinner wheel covers, whitewalls. – Mediocre old repaint, sound but aged engine compartment, good chrome. A usable old restoration. – Sold by Mecum at its Bloomington Gold Corvette auction in2011 for $74,000, it was never a very good car and now its restoration is coming apart. It is expensive by at least 25% at this result.Lot # 109 1968 Ferrari 330 GTS Spider, Body by Pininfarina; S/N 10817; Engine # 10817; Light Yellow/Tan leather; Tan top; Estimate $2,600,000 – $3,000,000; Cosmetic restoration, 3+ condition; Hammered Sold at $2,200,000 plus commission of 10.00%; Final Price $2,420,000. With Reserve – Becker Europa multiband radio, P/W, chrome spoke Borrani wire wheels, Pirelli Cinturato radial tires, aircraft style lap belts. – Very good repaint and interior, mediocre chrome and stainless. Clean underbody with old undercoat. Orderly but aged engine compartment with too much leakage and grease gobs. A quality cosmetic restoration to very good driver standards but not impressively maintained. – This aged but reasonably well maintained 330 GTS brought a realistic price that balances its inherent desirability with its aged presentation.Lot # 111 1975 Ferrari 365 GT4 BB Coupe, Body by Scaglietti; S/N 18657; Red, Black sills/Beige leather, Black stripes; Estimate $450,000 – $550,000; Cosmetic restoration, 3 condition; Hammered Sold at $405,000 plus commission of 10.00%; Final Price $445,500. With Reserve – Kenwood cassette stereo, A/C, centerlock 5- spoke alloy wheels, Michelin XWX tires, tool kit, owner’s manual. – Lightly scuffed and casually masked old repaint, lightly worn and stretched upholstery. Peeling wheel well paint. Frayed window well felts and channels. Not the car to take home to a perceptive spouse or banker. – Berlinetta Boxers were on a roll in Scottsdale, nowhere better seen than in the premium price paid for this less-than-premium example.Lot # 113 1970 Lamborghini Miura P400 S Coupe, Body by Bertone; S/N 4413; Green, Silver sills/Black leather; Estimate $1,200,000 – $1,500,000; Older restoration, 2- condition; Hammered Sold at $1,050,000 plus commission of 10.00%; Final Price $1,155,000. With Reserve – Centerlock alloy wheels, Michelin X tires, fire system. – Good paint and interior. Orderly engine. Chassis is lightly road grimy. A good older restoration with some use and indifferent cosmetic attention. – Sold by RM in Monterey in 2008 for $352,000 before its most recent work including the repaint in bright green. This is a car that’s passed around for a while, getting repainted from yellow to red to yellow to green and most recently getting a very good new interior. The fact that somewhere along the line an owner thought it appropriate to install a permanent fire suppression system is a comment on the tendency of Miuras to self-immolate. No Miura is ‘just a car’, but this one comes close.Lot # 114 1967 Mercedes-Benz 300SE Cabriolet; S/N 11202312009493; Light Metallic Blue/Blue leather; Dark Blue cloth top; Estimate $225,000 – $300,000; Recent restoration, 2+ condition; Hammered Sold at $315,000 plus commission of 10.00%; Final Price $346,500. No Reserve – Automatic, air-conditioning, tool kit, fitted luggage, pushbutton radio. – Concours-quality restoration, with even metallic paint in the correct tone. Very well fitted interior leather, excellent wood trim. Laser straight, panel fit excellent, correct and immaculate engine compartment. The result of a 3-year restoration by specialists and scored 98 points at an MBCA meet. Better than new cosmetically. – This result is 280SE 3.5 cabriolet money. Even for a 300SE so diligently and correctly restored the result it brought is a serious escalation in value inappropriate to the quantity and specifications of the 300SE, on the order of a 50% premium. Gooding sold a cosmetically restored 5-speed here four years ago for $112,750; this one is much better, but 3x the value?Lot # 116 1989 BMW M3 Convertible; S/N WBSBBO1O602385028; Black/Tan; Estimate $80,000 – $100,000; Unrestored original, 3 condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000. No Reserve – 2303/197hp, fuel injection, 5-speed, alloy wheels. – Appears to have led an average used car life, with appropriate wear to the interior, dents, chips and scrapes to the exterior considering the usage. Only 828 E30 M3 convertibles are reported to have been built, and none were sold in the U.S., making this a rare sight. Imported from France in 2014, and said to have had only two previous owners, with mileage believed to be original. Comes with service records and books. – As rare as hens’ teeth, and more expensive. In the absence of anything remotely comparable to it the Gooding bidders’ judgment will have to be definitive of value.
Gooding and Company Scottsdale 2015 – Auction Report Page Six
Lot # 117 1968 Lamborghini 400 GT 2+2 Coupe, Body by Touring; S/N 1213; Amaranto/Mustard Tan leather; Estimate $700,000 – $825,000; Unrestored original, 3 condition; Not sold at Hammer bid of $620,000. With Reserve – 3929/320hp, 5-speed, Borletti air conditioning, Japanese market AM/FM, Borrani wire wheels, underbumper fog lights. – This car went to Japan in 1968, returning in 2013 with very few miles on it. A 11,880 km survivor with crazed paint, a dent on the hood and a beautiful original interior but with speakers in the rear deck, bad window seals and pitted window frame chrome. A/C system is incomplete and not working. – Originality like this is probably worth preserving, but at the reported high bid it will be a very expensive and only barely usable candidate.Lot # 118 1996 Porsche 911 Turbo Coupe; S/N WP0AC2994TS375214; Silver/Black; Estimate $180,000 – $220,000; Visually maintained, largely original, 3 condition; Hammered Sold at $200,000 plus commission of 10.00%; Final Price $220,000. No Reserve – 3.6/400hp, twin turbos, 6-speed, alloy wheels, red brake calipers, heated seats, CD changer stereo, cruise control, sliding sunroof, documents, books, tools window sticker and CarFax. – Represented as 8,416 miles from new but the seats are worn more than expected for that little mileage. The nose was smooth and free of chips but the windshield and the valance below it were chipped, raising the possibility of some repainting. A good example of Porsche’s final iteration of the air cooled Turbo. – Priced generously, but if the mileage is supportable it is realistic for such a well-equipped, low miles example.Lot # 119 1956 Mercedes-Benz 300SL Gullwing; S/N 1980406500280; Engine # 1989806500289; Silver/Red leather; Estimate $1,550,000 – $1,850,000; Older restoration, 3 condition; Not sold at Hammer bid of $1,250,000. With Reserve – Becker Mexico radio, Nardi woodrim steering wheel, Rudge-style centerlock wheels, Dunlop tires, red fitted luggage. – Sold new to movie director Howard Hawks. Mechanically overhauled recently at Paul Russell’s. Flawed paint on the hood and cowl and cracked on the left rear hood corner. Good, lightly stretched older upholstery. Very clean underbody. Engine compartment is orderly on top but oily and grungy down deep. – Reported sold at the Rick Cole auction in Monterey last August for $1,595,000. The reported high bid here is more appropriate for its condition.Lot # 121 1960 Aston Martin DB4 Series II Coupe, Body by Touring; S/N DB4310L; California Sage Green/Black leather; Estimate $400,000 – $500,000; Visually maintained, largely original, 4- condition; Hammered Sold at $420,000 plus commission of 10.00%; Final Price $462,000. With Reserve – Wire wheels. – Replacement engine installed with the original in pieces. Sold new in Los Angeles, then made its way to Alabama, ending up in Texas as a daily driver for an airline pilot. Repainted and reupholstered sometime in the dim and distant past, then neglected since 1980. There’s a big difference between “original” and “neglected” or “rode hard and put-away-wet”. This car fell squarely into the latter camps. It needs everything. – Freshly, accurately and meticulously restored this might be a $750,000 car but it will take all of the difference between that potential value and the price it brought today to reach the necessary standard of excellence. The dream of saving a car sometimes clouds bidders’ perceptions.Lot # 122 1955 Ford Fairlane Crown Victoria Coupe; S/N U5RW147929; Buckskin Brown, Snowshoe White/Buckskin, White vinyl; Estimate $60,000 – $80,000; Recent restoration, 1- condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000. No Reserve – 272/162hp, automatic, Select-Aire air conditioning, power steering, brakes, seat and windows, AM radio, clock, dual exhausts, rear fender skirts, stainless steel wire wheel covers, wide whitewall tires, driving lights, Continental kit. – This car is probably the most heavily optioned example you’re ever likely to see. From the estate of Jim Miller. A near perfect example inside and out. With all the accessories, this car is almost over the top. almost. – Sold by RM at Hershey in 2013 for $88,000. It is unlikely that the ’55 Crown Vic market has taken off to this extent, let alone enough to make up for the fact that the Hershey price was expensive. While this is something like a 1/3 premium on the underlying value of this Crown Vic, it amounts only to something like $25,000, a drop in the bucket to some of the premiums brought elsewhere this week.Lot # 123 1961 Jaguar XKE SI Flat floor Roadster; S/N 875423; Cotswold Blue/Dark Blue leather; Black top; Estimate $275,000 – $350,000; Older restoration, 2- condition; Hammered Sold at $330,000 plus commission of 10.00%; Final Price $363,000. With Reserve – Flat floors, welded louvers, inside bonnet latches, radio delete but still has the antenna in the fender, chrome wire wheels, whitewall tires. – Beautiful paint and interior, trunk fit not very good. Irregular grille shape, droopy front bumpers. Bonnet strips stuck under headlight covers. Lovely color but the devil is in the details, some of which are very good but others betray a lack of attention during assembly. – Flat Floor XKEs are coveted by collectors despite the shortcomings of their constricted foot wells and uncomfortable seats. They command ever-larger premiums over later more driver-friendly XKEs. This one looks marvelous in Cotswold Blue and even the sometimes garish whitewall tires on chrome wire wheels fit its presentation, factors that were instrumental in the price it brought.Lot # 124 1989 Porsche 911 Carrera Speedster; S/N WP0EB0918KS173249; White/Red; White top; Estimate $180,000 – $220,000; Unrestored original, 2 condition; Hammered Sold at $190,000 plus commission of 10.00%; Final Price $209,000. No Reserve – Air conditioning, Blaupunkt radio, books and tools. – This is one of 823 sold to U.S. and one of 159 with Turbo body kit. 22,463 original miles, Very clean, with some windshield chips and new tires. Likely bought as an instant collectible and stored well since. – One of the few ‘instant collectibles’ actually to pay off in any kind of reasonable time frame and bought appropriately in today’s market.
Gooding and Company Scottsdale 2015 – Auction Report Page Seven
Lot # 125 1966 Shelby Mustang GT350H Fastback; S/N SFM6S801; Black, Gold stripes/Black vinyl; Estimate $140,000 – $160,000; Older restoration, 2- condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. No Reserve – 289/306hp, automatic, dash mounted tachometer, AM pushbutton radio, styled wheels, Goodyear Blue Streak tires. – One of 1001 Hertz Rent-a-Racers, which would have cost you $17 a day and 17 cents a mile. Sold as used car after nine month’s rentals and bought by longtime owner whose family kept it until 2013, restoring it in 2009. SAAC award winner and vintage rally competitor. Excellent paint and interior, correct wheels and tires. Trunk fit not good, front and rear bumpers poorly aligned. – A sound value for a well restored car with a very good history.Lot # 126 1967 Ferrari 275 GTB/4 Coupe, Body by Scaglietti; S/N 10387; Red/Black leather; Estimate $3,250,000 – $3,750,000; Older restoration, 2- condition; Not sold at Hammer bid of $2,900,000. With Reserve – Chrome spoke Borrani wire wheels, Michelin XWX tires, Talbot outside mirror. – Very good paint, chrome and interior. Orderly underbody. Engine is fresh, clean and dry. Chassis lightly oiled but very clean. Lightly creased upholstery. A quality older restoration done in the mid-80s with a few careful miles and consistent attention. Ferrari Classiche certified. – Reported sold at RM’s Monterey auction in 2010 for $1,045,000 with subsequent attention to appearance and details that have brought it up a notch in condition. Shows just 77 more miles on its odometer now than it did five years ago. The bidders at Fashion Square were not sufficiently impressed even at that to bid it high enough to satisfy the consignor, who now will have to find another way to turn it into money, or just take it out for a drive to earn back some of the investment through enjoyment.Lot # 127 1974 Lotus Europa Twin Cam Coupe; S/N 743814R; Maroon/Black; Estimate $40,000 – $60,000; Unrestored original, 3 condition; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000. No Reserve – 1557/105hp Big Valve head engine, 4-speed, magnesium wheels, comes with books and tools. – Lotus Europas are very small and fast, and an acquired taste. This was an excellent original car, with the usual dubious Lotus quality. The paint was fair with a few chips, the driver’s seat was worn, the door seals frayed. But it was complete and correct. Claimed to be ‘low miles’, the odometer displays 30,306 of them. – Lotus didn’t seem to be in favor at Fashion Square today, even if this Europa Twin Cam did bring a healthy premium for its originality. The new owner must believe the Lotus gremlins have been exorcised to have this much confidence in it.Lot # 130 1973 Ferrari 365 GTB/4 Daytona Coupe, Body by Scaglietti; S/N 16447; Silver-Grey/Black leather; Estimate $700,000 – $800,000; Cosmetic restoration, 3+ condition; Hammered Sold at $635,000 plus commission of 10.00%; Final Price $698,500. With Reserve – Centerlock alloy wheels, Michelin XWX blackwall tires, Becker Mexico cassette stereo, A/C, painted nose panel, popup lights. – Good older paint, chrome and original interior. Flat panels, even gaps, flush fits. Odometer shows 43,851 believed original miles. Underbody is restored with some goop over old undercoat. Engine and chassis are aged but well maintained. A presentable driver. – Sold by Gooding at Amelia three years ago for $330,000, a time when all the money was chasing Dinos and Daytonas were getting no respect at all. The buyer then, if it’s the same as the seller here, must be cheering all the way to the bank. The three Daytonas that sold in Monterey were within $50,000 of each other, and about that close in condition. This was the least expensive, although that doesn’t make it a good value.Lot # 131 1988 Lamborghini LM002A 4×4 Sport Utility Vehicle; S/N ZA9LU45A9JLA12120; Acapulco Blue/Grey leather; Estimate $225,000 – $275,000; Unrestored original, 3 condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. No Reserve – 6167/420hp 4-cam V-12, six Webers, 5-speed, factory tool box, optional tonneau cover and books. Dash signed by Valentino Balboni. – One of 328 of these V12 super Jeeps sold. Paint was not very eye catching and the driver’s seat was heavily worn. Likely never taken off road until it was driven into mud to shoot the catalog photography. A decent example of little distinction. – Hammered sold 30% under the pre-sale low estimate, and only two or three times the price of an FJ40, this LM002 will have far more visual effect than any Land Cruiser.Lot # 132 1962 Ferrari 400 Superamerica Coupe Aerodinamico, Body by Pininfarina; S/N 3221SA; White/Grey leather; Estimate $4,000,000 – $5,000,000; Older restoration, 2 condition; Hammered Sold at $3,700,000 plus commission of 10.00%; Final Price $4,070,000. With Reserve – Chrome spoke Borrani wire wheels, Michelin XVS blackwall tires, semi-skirted rear wheels, covered headlights – Restored in the late 80’s, then again in 2006, Fully and attractively restored with excellent cosmetics, impressively even and narrow gaps and flush fits. Original colors and materials. Ferrari Classiche certified. – It is refreshing to behold such a beautifully bodied Ferrari carefully restored in its original colors rather than the ubiquitous Rosso. It was offered by Bonhams at Quail Lodge in 2009 with 530 fewer km than the 1,504 now displayed with a reported high bid of $900,000, then offered at Bonhams auction in Paris in January 2010 again without selling on the block. It is an exclusive, gorgeous, fast, rare luxury Ferrari for less than double the price of a Lusso, an astute acquisition.Lot # 133 1956 Jaguar XK 140 MC Drophead Coupe; S/N 818594; Silver/Navy; Navy top; Estimate $200,000 – $250,000; Modified restoration, 2+ condition; Hammered Sold at $185,000 plus commission of 10.00%; Final Price $203,500. No Reserve – 3442/240hp, BMW 5-speed gearbox, stainless exhaust, Aston Martin rack-and-pinion steering, chrome wire wheels, four-wheel disc brakes, dual circuit master cylinder, 2-inch carburetors and blue-printed engine. – 2004 restoration and upgrades. Handsome appearance, with straight panels, good fits and even metallic silver green paint. Vinyl mask over nose, excellent chrome including wire wheels, well-fitted interior and top, beautiful wood dash in burl walnut. Functionally upgraded, but appeared stock. – The modifications turn this XK 140MC into a fast, comfortable, safe, enjoyable car for high speed touring or just enjoyable weekend drives. The workmanship appears to be high quality throughout with careful attention to details. It is potentially a very satisfying car, valued more for its vintage Jaguar style and modern convenience than as a collector car.
Gooding and Company Scottsdale 2015 – Auction Report Page Eight
Lot # 135 1960 Alfa Romeo Giulietta SZ-1 Coupe, Body by Zagato; S/N AR1012600043; Dark Red/Red vinyl; Estimate $600,000 – $800,000; Competition car, original as-raced, 4- condition; Hammered Sold at $525,000 plus commission of 10.00%; Final Price $577,500. With Reserve – Alloy rear wheels, steel fronts, 5-speed, plastic windows, headlight covers. – Raced when new in Italy including the Targa Florio, Tour de France, stored since the early 70’s. Cracked, peeling old paint, stiff original interior. Dirty, grimy engine compartment with an unnumbered old block. Headlight covers held on with masking tape. Far from dead, but needs everything. – $200,000 for the car and its unnumbered engine, $100,000 for the dirt, $225,000 for the buyer’s mental image of it brightly restored and mechanically resurrected singing its little 1290cc heart out. There’s not much room left for the restoration cost, but it will be a wonderful automobile when it’s done and sets a new auction record, by a mille miglia, for an SZ-1.Lot # 137 1972 Lamborghini Jarama 400 GT Coupe, Body by Bertone; S/N 10096; Dark Red/Tan leather; Estimate $170,000 – $200,000; Visually maintained, largely original, 2- condition; Hammered Sold at $170,000 plus commission of 10.00%; Final Price $187,000. No Reserve – Campagnolo mags and air conditioning. – Straight body and a good repaint, though the front bumper was scraped. Very good wheels. Good interior except for wear on the driver’s seat. – Not restored, but well maintained and pleasingly original, but not original enough to explain the exaggerated price it brought here.Lot # 138 1966 Porsche 906 Carrera 6 Coupe; S/N 906134; Orange, Silver sills/Red vinyl; Estimate $2,000,000 – $2,400,000; Competition restoration, 2+ condition; Hammered Sold at $1,800,000 plus commission of 10.00%; Final Price $1,980,000. With Reserve – Alloy 5-bolt wheels, Dunlop Racing tires, Talbot fender top mirrors. – Successfully raced when new for Ben Pon’s Racing Team Holland by Gijs van Lennep, then in Canada with a class 3rd at Daytona and wins at Watkins Glen and Mosport before ending up in Ecuador. Eventually restored by Bruce Canepa and today is in better than as-raced condition. – Epic performance, good race history, an unusually crash-less history and a superior restoration make this an exceptional example of a fast and adaptable Porsche mid-engined race car, as adept in sprint races as it is in enduros and open road events.Lot # 141 1960 Jaguar XK 150 3.8 Drophead Coupe; S/N S838630DN; Imperial Maroon/Tan leather; Tan vinyl top; Estimate $275,000 – $325,000; Concours restoration, 1 condition; Hammered Sold at $200,000 plus commission of 10.00%; Final Price $220,000. No Reserve – Chrome wire wheels, tools, JDHT certificate and fitted luggage. – One of only 586 Drophead Coupes, a 100 point JNCA award winner and national champion in 2011. A first-class restoration in an attractive maroon and tan that’s holding up well, impossible to fault show car condition. – Offered by RM at Monterey last August with a reported high bid of $240,000 and bought appropriately here.Lot # 144 1973 Ferrari 246 GTS Dino Spider, Body by Scaglietti; S/N 04786; Red/Black leather; Estimate $400,000 – $475,000; Cosmetic restoration, 3+ condition; Hammered Sold at $355,000 plus commission of 10.00%; Final Price $390,500. With Reserve – Cromodora alloy wheels, Michelin XWX tires, Becker Europa II AM-FM, leather wrapped steering wheel, A/C, covered headlights, books, warranty card, tool roll, jack. – Fair repaint over old paint, good chrome and interior. Brightly polished engine compartment aluminum. Good but odd looking dashtop mousefur. Orderly underbody with old undercoat. A sound and presentable Dino Spider – Bought solidly in the range of the other 246 GTS Dinos in the Scottsdale auctions. It’s worth remarking that all of them sold under the auction companies’ pre-sale estimate ranges with but a single exception that hammered sold just $5,000 into the estimate range.Lot # 146 1967 Chevrolet Camaro Yenko 2-Dr. Hardtop; S/N 124377N241474; Metallic Blue, White nose band/Black vinyl; Estimate $425,000 – $525,000; Older restoration, 2 condition; Hammered Sold at $325,000 plus commission of 10.00%; Final Price $357,500. With Reserve – 427/450hp, 4-speed, Hurst shifter, underdash engine gauges, S-W 270-degree column mounted tach, Rally wheels with trim rings, Firestone D70-14 red line tires, Corvette-style side exhausts. Yenko # YS-725. – Excellent paint, chrome and interior. Chassis and underbody are like new. Clean and well-maintained. Thoroughly documented and authenticated by the COPO Connection with NCRS delivery documentation and a copy of the Yenko shop order. – This car and the one that followed it across the block are interesting variations on the later COPO process. Undertaken on its own by Yenko’s Chevy dealership based on 396 Camaros with 427 blocks installed under the 396 heads and Yenko’s usual thorough modifications to suspensions. Not directly comparable with a COPO Camaro, but also more rare and a realistic value at this price $100,000 under the pre-sale low estimate.Lot # 147 1968 Chevrolet Camaro Yenko 2-Dr. Hardtop; S/N 124378N413680; Fathom Blue, White noseband/Black vinyl; Estimate $425,000 – $525,000; Recent restoration, 2+ condition; Not sold at Hammer bid of $290,000. With Reserve – 427/450hp, 4-speed, Hurst shifter, pushbutton radio, underdash engine gauges, steering column mounted 270 degree S-W tach, Pontiac Magnum wheels, red line Wide Tread F70-14 tires. Yenko #YS-8022. – Bowed fiberglass hood, good paint, chrome and interior, Chassis and underbody are like new. Clean, sharp and strong. Not as well documented as the previous lot. – And that my account for it coming up short in the bidding department. It certainly lacks nothing in the performance department.
Gooding and Company Scottsdale 2015 – Auction Report Page Nine
Lot # 149 1960 Mercedes-Benz 300SL Roadster; S/N 19804210002530; Grey, Grey hardtop/Red leather; Black cloth top; Estimate $1,700,000 – $2,000,000; Visually maintained, largely original, 3- condition; Hammered Sold at $1,425,000 plus commission of 10.00%; Final Price $1,567,500. With Reserve – Nardi woodrim steering wheel, Becker AM-FM, chrome wheels, Michelin XVS tires, two tops, two pieces of fitted luggage, original handbook pouch with handbook, spare parts list, service book, Becker radio manual and more. – Stored since the early 90’s, three owners from new. Multiple flawed old repaint with chips, edge flaws and surface deterioration. Generally sound chrome. Good lightly sun bleached original interior. Original underbody. An honestly ageing 300SL. – The result here represents only a small, nearly negligible, premium for this 300SL Roadster’s survival, completeness and originality. It should be regarded as an astute acquisition by a bidder who kept his or her paddle under tight control to avoid creating a bidding contest.Lot # 150 1959 Chevrolet Sport Van 108 Van; S/N GS168P127275; Orange/Red; Estimate $30,000 – $40,000; Unrestored original, 3 condition; Hammered Sold at $9,000 plus commission of 10.00%; Final Price $9,900. No Reserve – 250/120hp six, 3-speed, roof rack, chrome Torque-Thrust wheels, painted bumpers. – Former safety crew van from the old Beeline Dragway, located outside Scottsdale and open until 1975. Sign-painted to promote the Beeline track, the safety crew, driver “Wild Bill” and the American Hot Rod Association. Charming relic of a bygone race track. Unrestored but straight and solid, with decent paint and all sign writing still visible. Wonderful nostalgic Americana. – It took a lot of work for Charlie Ross to elicit even this much interest in this old van; it wasn’t much of a drag racing audience.Lot # 151 1965 Porsche 356C 1600 SC Cabriolet, Body by Reutter; S/N 161471; Signal Red/Pearl Grey leather; Black top; Estimate $250,000 – $325,000; Visually maintained, largely original, 2- condition; Hammered Sold at $220,000 plus commission of 10.00%; Final Price $242,000. With Reserve – Becker radio, chrome wheels, headrest seats extensive documents, tool kit and manuals, full history, starting with 25-year ownership. – Believed to be 56,587 original miles, mostly original paint except for the hood, proper “8” series engine, original seat belts, new carpets, seat cushions were redone, as were the headrests. A spectacularly honest car. – Sold by Christie’s at Monterey in 2007 for $176,000 showing 110 fewer miles than it does today, almost eight years later and represented there to be all it had covered. The benign, reassuring, history of this 356C is a strong contributor to the generous but not unreasonable price it brought.Lot # 152 1973 Toyota FJ40 Land Cruiser Soft Top 4×4; S/N FJ40147241; Ivory White/Black leatherette; Black leatherette top; Estimate $75,000 – $100,000; Unrestored original, 3 condition; Hammered Sold at $67,000 plus commission of 10.00%; Final Price $73,700. No Reserve – 3-speed transmission and dual range transfer case, center-facing rear seats, soft top, Warn front hubs. – This example was bought new by the Seal Cove Auto Museum in Maine and retained for 35 years as a snow plow truck. In 2008 it was sold to the Malamut Auto Museum in Thousand Oaks, California. Touted here as well kept and largely original, here is my comment after seeing it in the Seal Cove barn: “Fisher Speedcast plow mount with raised headlights. Complete Toyota tool kit like new. No top, roof or doors. Front seat cushions torn, rear occasional seats are sound. A plow truck but with no visible rot and not much rust.” It now has been resuscitated, but is not original. Very little wear inside and out, paint is lightly chipped and scratched, generally dusty. – No comment. This result is for the vehicle represented, not the vehicle sold.Lot # 155 1964 Shelby Cobra 289 Roadster; S/N CSX 2436; Dark Blue/Beige leather; Black top; Estimate $1,000,000 – $1,400,000; Unrestored original, 4 condition; Hammered Sold at $890,000 plus commission of 10.00%; Final Price $979,000. No Reserve – Holley carb, wire wheels, alternator, grille and trunk guards, S-W gauges, rack and pinion steering. – Stored since about 1974. Original car with cracked old paint, filthy engine, stiff and cracked but sound original upholstery. A project, but runs and is all there. – Known history, documented in the SAAC Registry. Odometer shows a believable 33,510 miles, based on the history and condition. A fascinating project bought at an exalted price that leaves little left for all the work it needs, let alone the complete restoration it deserves, but not out of line for other dirty, neglected, tired but complete similar cars in the value pantheon of today’s collectors.Lot # 156 1960 Austin-Healey 3000 Mk I Roadster; S/N HBT7L13442; Silver-Blue, White/Dark Blue leather; Dark Blue top; Estimate $80,000 – $110,000; Recent restoration, 2 condition; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500. No Reserve – 2912/124hp, overdrive 4-speed, chrome wire wheels, blackwall tires. – Highly detailed 2014 restoration in period colors. Excellent panel fit, good chrome, correct interior, clean engine compartment. Blue coachline delineating the blue/white side panels is cheesy, but at least complements the interior and top colors. – An outstanding example, sympathetically restored to original appearance in desirable colors and bought for a highly reasonable price. Big Healeys are not gaining in value, but they haven’t fallen to this level, either.Lot # 158 1961 Ferrari 250 GTE 2+2 Coupe, Body by Pininfarina; S/N 2919GT; Engine # 2919 [640E]; White/Black leather; Estimate $325,000 – $375,000; Unrestored original, 3- condition; Hammered Sold at $385,000 plus commission of 10.00%; Final Price $423,500. With Reserve – Blaupunkt multiband radio, Chrome spoke Borranis, Dunlop blackwall tires. – Stored since the early 90’s, and it shows. Cracked original paint, weak chrome. Sound original interior, sharp, crisp gauges. Orderly original engine with old black body Webers. A sound and surprisingly usable original car that runs, but will need comprehensive attention before being driven farther than on and off the auction block. – The appeal of age and decrepitude seems to know few limits these days, perhaps a function of our ageing society that finds comfort in things as old as they are. It’s hard to imagine what the new owner will do with this cracked and grimy old 250 GTE, but good that it will, at this exalted price, face little risk of being turned into a donor car for a sports racer replica.Lot # 160 1958 Porsche 356A Speedster, Body by Reutter; S/N 83870; Silver/Red; Black top; Estimate $275,000 – $375,000; Unrestored original, 4+ condition; Hammered Sold at $440,000 plus commission of 10.00%; Final Price $484,000. With Reserve – 1582/60hp, 4-speed, Dynaplastic accessory hardtop, side curtains, bumper overriders, painted wheels, hubcaps, blackwall tires, Motorola radio and both original and installed cabriolet seats. – Represented as matching numbers. Single ownership until September, 2014. Free of rust or damage, paint is evenly faded but still retains a good tone, marred by edge chips. Seats are surface cracked, dash top is torn, steering wheel is discolored, footwell trim panels are missing, but still a fabulous garage find with the kind of originality that’s too important to do any more than dust, tune up and cover up some of the failed trim. – The most expensive 356A Speedster in auction history with a staggering price 17% over the pre-sale high estimate.Lot # 161 1960 MG A Twin Cam Roadster; S/N GHNL69562; Red/Black leather; Estimate $35,000 – $45,000; Modified restoration, 3 condition; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100. No Reserve – 1789/94hp MG B engine, painted wire wheels, oil cooler. – New paint, interior top and side screens. The bar has been raised since this car was done in 1996. Lipstick red is not typical of the MGA color and an MGB engine should incur a penalty at sale. No mention if there’s a full synchro MGB gearbox. Nonetheless the panel fit quite good and the wire wheels are at least not chrome plated. The leather interior was well trimmed. The back bumper is buffed through and the front bumper is uneven. The driver’s door latch was loose and the rear cowl was cracked. A Twin Cam in name only. – A mediocre driver by any standard, the upgraded engine makes it a better driver, but detracts from its value. It would not have been a reasonable value at 2/3 the price it brought.
Another fascinating, learned report. Thank you.
“Lot # 150 1959 Chevrolet Sport Van 108 Van” It’s a 1968 or 1969. I can’t believe they actually thought $30,000 was possible! The “90” is more desirable and cuter and with these 64 to 69 Chevy vans, cuteness counts.
Bob,
I think they were counting on the nostalgia of the old Bee Line Dragway, particularly since it was a Phoenix area track.
And, originality (and dirt) counts, attributes which this Chebby had in abundance.
More to the point, this wasn’t a drag racing crowd. If I had been the buyer here I’d carefully tuck it away in covered storage out of the brutal summer Arizona sun and bring it back to Barrett-Jackson or Russo and Steele in January 2016, perhaps paired with a period drag car that’d raced at Bee Line (or, better yet, had crashed there and been attended by the safety crew that rode in this van.) Add a driver who had crashed at Bee Line and been attended by the van and its crew, saying, ‘This van and its crew saved my life’ and it might well bring Thirty Large.
It is so often about the presentation, not the goods.
Rick
Bob –
You are correct, the van is a 1968 G10 with a 250ci straight six.
I know this because we (Chubb Collector Car Insurance) bought it for use as the rescue vehicle on the road rallies we sponsor. You can expect to see it at the Orange Blossom Tour, California Mille, Road to the Sun Rally, and Hemming’s New England Concours d’Elegance.
It’s actually not in bad shape mechanically, for a 46 year old van that lived a life in service. We’re leaving the exterior as is, refreshing all the mechanics, new tires, installed new seats (seat belts & head rests were not required in 1968 for commercial vehicles), and looking at other ways to improve driver/passenger safety.
Rick –
Thanks for the shout out about our coffee station! We always get strange looks from the bean counters here when we turn in the expense account – they just don’t understand why we spend so much on coffee…..