Auctions America by RM, Auburn Fall, Auburn, Indiana, August 28-31, 2014
2014 is the fifth year since RM’s Auctions America brought new life to the Auburn Auction Park. Results have more than doubled since 2010 and although this year’s sale was down slightly in the number of cars, total sale and sale percentage from last year the cars may have been Auctions America’s best quality offering since it took over.
Auburn Fall is a tradition. Closely following the Monterey marathon that saw $100 million sales by three different auction companies and close to half a billion dollars in total sales by everyone calling themselves an ‘auction’ in Monterey, Auburn Fall is where real enthusiasts, collectors and spectators return, a tradition that RM and Auctions America have continued at great cost and effort.
Now encompassing a large and growing flea market, a similarly large and growing car corral for private sales and a food midway that rivals the best Midwest county fairs, every minute at Auburn Fall is fully occupied.
[Gee, you think I like coming back here?]
This isn’t Monterey. But Auburn Fall isn’t supposed to be. It’s its own, unique, gathering.
Keep this in mind: at Auburn Fall this year 717 cars changed hands.
That’s only 74 cars fewer than changed hands in all the Monterey auctions combined this year with their $454.2 million total and $71,690 median transaction.
Auburn Fall is at the core of the car collecting hobby. People can come and actually aspire – without having low employee numbers at Amazon or Google with stock options to match – to find a neat car, take it home, give it love and enjoy driving it.
Here are the numbers:
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Auctions America Auburn Fall 2014 – Auction Report
The Heavy Hitters:
Lot # 5145 1935 Duesenberg Model SJ Dual Cowl Phaeton, Body by La Grande; S/N 2552; Engine # J-523; Dark Red, Red sweep panel and tonneau/Tan leather; Beige cloth top; Concours restoration, 1- condition; Hammered Sold at $1,150,000 plus commission of 10.00%; Final Price $1,265,000 – Chrome wire wheels, wide whitewalls, dual sidemounts with mirrors, luggage trunk, dual taillights, Pilot-Rays, chrome long trumpet horns behind left sidemount, spotlight, outside exhaust headpipes, dual windshields. Running naturally aspirated and apparently without a supercharger being supplied. – Very good older paint, chrome and interior. Chassis shows use but is still very clean. Top is lightly soiled but fits well. Upholstery shows almost no use. An impressively restored and maintained SJ, freshly recommissioned and serviced by Brian Joseph. – A beautiful old car, restored to high standards that still present well. The absence of a supercharger is, however, a serious shortcoming, making it something like a ‘Model non-SJ’ or described as having ‘lost its S.’ The price it brought is a tribute to the dual cowl phaeton coachwork’s design and balance and to the (expensive) potential of finding and installing a supercharger.
Lot # 7100 1935 Auburn 851 Supercharged Speedster; S/N 32724E; Engine # CH3680; Cigarette Cream/Saddle Brown leather; Older restoration, 3 condition; Hammered Sold at $385,000 plus commission of 10.00%; Final Price $423,500 – 280/150hp, 3-speed, dual ratio, radio, outside headpipes, body color wire wheels, wide whitewalls. – Represented as an early factory-built Speedster. Sound older paint, chrome and interior. Early CCCA National First Prize (#0956) and looks its age. Oily and aged underhood. Sound and presentable but only in driver condition. – An old car in decent shape but no better than a sound tour car that brought a superior price for its condition. There is no offered A-C-D certification of its original configuration as a supercharged speedster, but it is identified as such by Randy Ema in a 1996 A-C-D Club Newsletter.
Lot # 4150 2006 Ford GT Heritage Edition; S/N 1FAFP90S16Y401469; Gulf Blue, Orange stripes/Black leather; Unrestored original, 2 condition; Hammered Sold at $327,273 plus commission of 10.00%; Final Price $360,000 – 5.4 L, 550hp, 6-speed, CD stereo, A/C. Heritage Edition paint. – 5,500 miles and like new, even the driver’s seat. – Ford GTs are, by and large, $250K cars with minimal mileage. This one has more than minimal, but not a lot of, miles, so what accounts for the price? The paint job. Ford GTs, even as you read this, are migrating toward paint shops like multi-colored lemmings to be painted Gulf Blue with Orange stripes in search of the ‘Heritage Edition’ premium.
Lot # 5127 2005 Ford GT; S/N 1FAFP90S35Y400029; White, Blue stripes/Black leather; Unrestored original, 2 condition; Hammered Sold at $300,000 plus commission of 10.00%; Final Price $330,000 – McIntosh stereo, Carroll Shelby signature, #29 of the first 50 ‘VIP’ Ford GTs. – One owner from new, 1,800 miles, flawless. – But not Gulf Blue with orange stripes. This is an exceptional price for a Ford GT even with the low miles and early build status. The Ford GT is one of the hottest recent supercars. They don’t depreciate, they’re going up in value.
Lot # 4134 1958 DeSoto Firedome Convertible; S/N LS23881; Metallic Green, Light Green accent/Light Green, cloth inserts; White vinyl top; Older restoration, 2+ condition; Hammered Sold at $175,000 plus commission of 10.00%; Final Price $192,500. No Reserve – 361/295hp, automatic, P/S, P/B, wheel covers, whitewalls, pushbutton radio. – Excellent paint, chrome and interior. Underbody and engine compartment are like new. Inside door pockets are factory new. A quality restoration, done right and an AACA winner in 2003 backed up by another Grand National First Place in 2014. – Easily one of the most charismatic cars at Auburn Fall, a meticulous restoration that brought onlookers to it again and again with its subtly attractive colors and then rewarded closer looks with the caliber of its presentation. A fabulous price for a Firedome convertible, but this is a fabulous Firedome. If a buyer’s desire is to own the best the premium paid for this Firedome is a realistic price for the confidence of knowing it’s a car than needs no excuses.
Lot # 5144 1937 Cord 812 Supercharged Convertible Coupe; S/N 31940F; Engine # FC2752; Cigarette Cream/Burgundy leather; Tan cloth top; Older restoration, 3- condition; Hammered Sold at $170,000 plus commission of 10.00%; Final Price $187,000 – Outside exhaust headpipes, fog lights, radio, heater, wide whitewalls. – Sound and shiny but edge chipped and scratched old paint. Badly surface cracked old leather upholstery and steering wheel. Sound chrome. Clean and orderly underhood. A well-used old restoration with plenty of miles but remains a desirable tour car. – Josh Malks’ Cord 810/812 book has this car as 31940H with engine FC2752 but with Convertible Phaeton coachwork. There is no representation of the original bodywork offered. Offered at RM’s Arizona auction in 2006 with a high bid of $187,000, then at Meadow Brook seven months later where it was bid to only $140,000. As a tired old restoration with a question mark after its body style the price it brought here is generous. The Others:
Lot # 1091 1978 Chevrolet Camaro Z/28 Coupe; S/N 1087L8N542962; White/Tan; Visually maintained, largely original, 4 condition; Hammered Sold at $9,250 plus commission of 10.00%; Final Price $10,175 – 350/185hp, 4-speed, power steering, power brakes, dual side mirrors. – An old cosmetic restoration. Solid body with minor dents, touched chips, and minor surface rust. Brightwork is very scratched and scuffed, taillights are cracked and show moisture accumulation. Engine shows neglect and hasty overspray on components. Chassis has been painted and the exhaust has been pieced together. Interior is faded and worn, center console had been taken apart and painted and poorly pieced together. A great starting point for restoration. – The smog-strangled 350 doesn’t do much for this Z/28’s value but among its contemporaries it is a decent and usable example albeit one that needs a great deal of work. Nearly every dollar spent on restoration should be chalked up to an expenditure on a labor of love, though, with little expectation of getting anything back. This is what it’s worth.
Lot # 1092 1966 Cadillac DeVille Convertible; S/N F6177255; Red/White; White top; Visually maintained, largely original, 3 condition; Hammered Sold at $29,091 plus commission of 10.00%; Final Price $32,000 – Power steering, power brakes, spotlights, wire wheels, whitewall tires, fender skirts, power top, power seats, air conditioning, power windows. – Recent cosmetic restoration. Paint is very good and panels are very straight with good gaps. All brightwork sparkles and well-fitting top looks new. Engine compartment is clean. Undercarriage remains untouched, with rust and oily residue. Interior has next to no wear. – The odometer on this DeVille convertible shows 64,036 miles and although the consignor doesn’t claim they’re all it’s covered the condition suggests they are. The result here represents a post-block negotiated sale that both the buyer and the seller should be reasonably satisfied with.
Lot # 2058 1967 Chevrolet Camaro RS/SS 396 Convertible; S/N 124677N146386; Red/Red; White vinyl top; Older restoration, 3+ condition; Hammered Sold at $33,000 plus commission of 10.00%; Final Price $36,300 – 396/375hp, 4-speed, 12-bolt Positraction rear end, power steering, front disc brakes, Rallye wheels, rear spoiler, hide-away headlights, full instruments including tachometer, fold-down rear seat. – Paint has a few minor blemishes. Glass has a fair amount of scratches, brightwork is in much better shape. Panel fit and gaps are very good. Engine compartment is clean but not jarringly so. Underneath is clean and well done. Interior has mild wear. All around a usable, but used, older restored driver. – Offered with the accoutrements of the high output 375hp 396, but without the security of any documentation or even representation of the engine’s originality, which accounts for its seemingly bargain price that is a realistic compromise between confidence and doubt.
Auctions America Auburn Fall 2014 – Auction Report Page Two
Lot # 2080 1962 Pontiac Catalina Convertible; S/N 362K13125; Engine # 347691 15H; Mandalay red/Red Morrokide; White vinyl top; Visually maintained, largely original, 3 condition; Hammered Sold at $21,818 plus commission of 10.00%; Final Price $24,000 – 389/267hp with non-original dual quads, automatic, power brakes, power steering, 8-lug wheels, Morrokide bench seat, rear seat speaker. – Panels are very straight with good gaps. Old repaint shines very well, which reveals lots of blemishes. Top fits well, rear window faded. Engine bay needs attention. Undercarriage has a lot of wear for mileage. Seats look great, fading on the tops of the door panels. Cracked steering wheel rim. – Sold for $33,000 at RM’s auction of the Milt Robson collection in 2010 where it still had its 2-barrel carb and claimed to be 20,666 miles. The odometer now shows 21,571 miles and has been passed around like a cheap hooker, no-saling at Ft. Lauderdale in 2012 at $20,000, then selling there in 2013 for $29,700. Somewhere along the way it found this intake system, which looks better than the 2-barrel but without changes inside the block and heads probably only serves to make it stumble on wide open throttle. This result reflects a post-block negotiated sale and it’s up to the new owner to take advantage of its realistic price.
Lot # 2130 1966 Chevrolet Corvette Coupe; S/N 194376S125784; Nassau Blue/Black vinyl; Recent restoration, 2- condition; Hammered Sold at $45,000 plus commission of 10.00%; Final Price $49,500 – 327/300hp, 4-speed, power steering, side exhaust, power antenna, reproduction knock-off wheels, AM/FM radio, woodrim steering wheel. – Fully restored and beautiful. Paint and brightwork are simply amazing. Panel fit and gaps need just a little more work. Engine is clean and not over-restored, with some signs of use. Underneath is very clean and tidy. Interior is excellent. – Offered here in the Spring with a reported high bid of $45,000. The seller took the same offer three months later. Frequently the first offer is the best and trying to wait out the market, or hope for a more receptive venue, results in disappointment. The consignor here at least wasn’t disappointed, just didn’t get to enjoy the proceeds for a quarter of a year.
Lot # 2134 1970 Plymouth ‘Cuda 2-Dr. Hardtop; S/N BS23V0E120365; B5 blue, Black stripe/Black; Recent restoration, 2 condition; Not sold at Hammer bid of $40,000 – 440/390hp Six Barrel, automatic, 3.91 Sure-Grip, rubber front bumper, Goodyear Polyglas tires, fog lamps, non-original Shaker hood, bucket seats, center console, rally dash. – Represented as the original engine, transmission and rear axle. Paint is OK but could have benefitted from more prep. Panel fit and gaps look great. Engine compartment very clean, detailed, and correct. Undercarriage also clean. New interior is well done, with the only real visible shortcoming being some wear on the steering wheel. A desirably equipped, well restored and maintained ‘Cuda Six Barrel in one of the more desirable colors. – A seriously parsimonious offer that shows how pessimistic Mopar buyers are right now.
Lot # 4070 1961 Chevrolet Corvette Convertible; S/N 10867S100120; Roman Red, Ermine White coves/Black leather; Black vinyl top; Recent restoration, 3+ condition; Hammered Sold at $47,500 plus commission of 10.00%; Final Price $52,250 – 283/230hp, 4-speed, Posi-traction, wide whitewall tires, spinner wheel covers, aftermarket cassette player. – Paint is shiny, but more prep work would have done wonders. Brightwork is very good. Panel fit is off in a few spots. Engine bay isn’t detailed to the standard of the rest of the car. Underneath has a fresh undercoating. Interior is very good but the steering wheel was forgotten during the resto. A base engined Corvette treated to a mediocre restoration appropriate to its specifications and without documentation of the originality of its equipment. – Not that a Fuelie standard restoration is warranted by this Corvette. The consignor did just enough to make it look good on the block and stand up to a quick auction evaluation and reaped the rewards of a calculated re-do. The buyer paid enough, but not too much.
Lot # 4109 1966 Sunbeam Tiger MK 1A Convertible; S/N B382000044LRXFE; Black/Beige leather; Beige vinyl top; Recent restoration, 2 condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – LAT polished alloy wheels, Michelin blackwall tires, woodrim Sunbeam steering wheel, loaded with LAT accessories, Kenwood CD stereo, two tops. – Good paint, chrome and interior. Restored like new and very attractive. – This Tiger had eye-appeal with its many LAT accessories, not to mention the quality of the restoration. It paid off for the consignor with a strong price that reflects the increasing value of Tigers now that Cobras are out of reach for all but the most wealthy collectors.
Lot # 4114 1969 Chevrolet Camaro Z/28 2-Dr. Hardtop; S/N 124379N625285; Engine # 19N625285 V0321DZ; Fathom Green, White stripes/Black vinyl, houndstooth cloth; Recent restoration, 2 condition; Hammered Sold at $58,000 plus commission of 10.00%; Final Price $63,800 – 302/290hp, 4-speed, long tube headers, Mallory distributor, Rally wheels with trim rings and hubcaps, Radial T/A tires, P/S, P/B, console gauges, cowl induction, chin and deck spoilers, no radio, 3.73 Positraction, tilt steering column, woodgrain steering wheel. – Represented as matching numbers engine and transmission. 2010 restoration to showroom condition with very good cosmetics and clean, sharp engine compartment with a slightly modified engine. – A beautifully restored Z/28 in an attractive color combination, for collectors it suffered from the modifications and that accounted for the relatively modest price it brought. For drivers, however, this is a choice example. It’s a sound buy in either case.
Lot # 4121 1972 Buick Gran Sport Stage 1 Convertible; S/N 4G87V2H175431; Arctic White/White vinyl; White vinyl top; Recent restoration, 2 condition; Not sold at Hammer bid of $44,000 – 455/, automatic, P/S, P/B, chrome Magnum wheels, Wide Oval tires, A/C, AM-FM, remote outside mirrors. – Restored like new with better paint and chrome. Represented as one of only two built in triple white, but the engine is only ‘believed to be original to the car’. – It’s difficult to get excited about a GS down-rated for 1972 with 225hp. Even putting heavy reliance on the rarity of the Arctic White paint/white top combination the bidders were appropriately reserved. The seller needs to find a more compelling argument for any greater value than this.
Lot # 4126 1959 Edsel Corsair Convertible; S/N B9UR739235; Red/Black; White top; Cosmetic restoration, 3+ condition; Hammered Sold at $26,500 plus commission of 10.00%; Final Price $29,150 – 332/225hp, automatic, power steering, wide whitewall tires, spinner wheel covers, dual fender mirrors, aftermarket air conditioning. – Excellent paint, very good chrome and bright trim. Great top fit. Panel gaps are off a touch. Engine bay is clean and tidy. Underneath has been recently undercoated but hasn’t been apart. Interior looks great and shows little wear. An unusually well cosmetically restored example of the second-year Edsel and a fine car to take to a show or for top down cruising. – This Edsel has a longer auction history than most cars have total owners. Reported sold for $44,000 ($40,000 hammer) at Barrett-Jackson Scottsdale in 2008 then offered a week later at the Kruse Arizona sale where it was bid to $38,000. Bid to the same $38,000 on the block at Worldwide Houston four months later before being closed post-block at $46,200, then sold by RM at the Charlie Thomas sale in October 2012 for $35,750 and reported sold by Worldwide in Houston in May 2013 for $47,300. The buyer here at Auburn Fall paid the lowest price yet, by any standards a good value.
Auctions America Auburn Fall 2014 – Auction Report Page Three
Lot # 4130 1970 Plymouth `Cuda Convertible; S/N BH27N0B131588; In Violet/White vinyl; White vinyl top; Modified restoration, 2- condition; Not sold at Hammer bid of $85,000 – 426/425hp dual quad Hemi replacing the original 383/330hp, 4-speed, Hurst pistol grip shifter, buckets and console, P/S, P/B, argent shaker hood, luggage rack, Rally wheels with trim rings, Radial T/A tires, pushbutton radio, auxiliary engine gauges, Sure Grip axle. – Very good paint, chrome and interior. Restored to showroom condition with an engine upgrade, engine compartment and underbody show some use and a little age. Eugene is represented as a ’68 block. – This is an ample bid for a made-up car with a 426 Hemi replacing its original 383.
Lot # 4131 1932 Packard 902 Coupe Roadster; S/N 509441; Metallic Lilac, Purple fenders and accent/Purple leather; Black cloth top; Concours restoration, 1- condition; Hammered Sold at $170,000 plus commission of 10.00%; Final Price $187,000 – Chrome spoke purple rim and hub wire wheels, wide whitewall tires, dual sidemounts, Pilot-Rays, wind wings, rumble seat, luggage rack, golf bag door, heater. – Excellent paint, chrome and upholstery. Better than new everywhere and reportedly mechanically freshened since the restoration. A concours car with scant evidence of use. – Delightfully presented in Lilac with purple fenders, this Packard has ample eye-appeal even if the color choices are dated. Driven, it will be a standout and while the colors may not commend it to today’s more sober palette there’s nothing else that can be criticized in its presentation beyond a little age and sympathetic use. It brought a price that is fair to both the buyer and the seller.
Lot # 4133 1991 Lamborghini Diablo; S/N ZA9UD07P0MLA12203; Red/Beige leather; Unrestored original, 3+ condition; Hammered Sold at $92,500 plus commission of 10.00%; Final Price $101,750. No Reserve – Alpine CD/Satellite stereo, polished rim modular wheels, Michelin blackwall tires, A/C. – Odometer shows 13,376 believable miles given this Diablo’s original condition with only a little scuffing on the seat bolster upholstery. – Carefully maintained and in nearly showroom condition, this is a 492 horsepower supercar with all the stature of one of Lamborghini’s most appealing designs. Skyrocketing values for F40s and Miuras should soon have effect on Diablos, particularly well maintained low miles ones like this, but not yet. This is a reasonable price for a car that can be driven judiciously without detracting from its potential market appreciation.
Lot # 4139 1957 Chevrolet Bel Air Convertible; S/N VC57J163901; Engine # T1116FC; Red/Red, Silver vinyl; White vinyl top; Older restoration, 3- condition; Hammered Sold at $41,000 plus commission of 10.00%; Final Price $45,100 – Powerglide, cassette stereo, tissue dispenser, spinner wheel covers, whitewalls, skirts, rear antenna, continental kit, heater. – 283/220hp, 4-barrel, Unfused hot wire from the battery to the voltage regulator. Fair old paint, dull stainless, pitted quarter window frames, soiled upholstery, loose top fit. Nasty underbody. Car card says 265/170hp but a Quadrajet sits on top and the engine number is for a 283/220hp Power Pack. A weak, hard used Bel Air. – Reported sold by Auctions America in Ft. Lauderdale in March for $59,400, then no-saled at Auburn Spring in May for a reported $49,000 high bid showing just one fewer mile on its odometer, the result here for this flawed, superficially presented car is no more than it deserved.
Lot # 4143 1963 Chevrolet Corvette Coupe; S/N 30837S108737; Engine # 108737 F0304RE; Tuxedo Black/Red vinyl; Cosmetic restoration, 3+ condition; Hammered Sold at $69,091 plus commission of 10.00%; Final Price $76,000 – 327/340hp, 4-speed, alloy wheels, narrow whitewall tires, AM-FM, power windows. – Good paint, chrome and interior. Represented as matching numbers. Underbody is done but showing subsequent use. Dusty underhood and done only to cosmetic restoration standards. A good driver quality Split Window Corvette but nothing to get excited about. – Closed post-block at this price. The high performance 4-barrel is positive, but the lack of any offered documentation for the originality of the engine/chassis combo is a serious drawback. It took some doing to make this deal and the seller was wise to recognize the car’s many weaknesses and accept real money. The fact that a deal got done at all in the absence of documentation or even NCRS/Bloomington Gold judging is a credit to the hard work of Auctions America’s ‘Still for Sale’ crew.
Lot # 4148 1921 Rolls-Royce Silver Ghost 40/50hp Saloon; S/N 122JG; Engine # 20-123; Blue, Black fenders and accent/Black leather, Beige cloth; Unrestored original, 4 condition; Not sold at Hammer bid of $120,000 – RHD. Black wire wheels, blackwall tires, dual sidemounts with mirrors, drum headlights, rollup division, pulldown shades rear compartment clock, smoker’s kit, communication microphone. – Poor quality TV car paint job used in ‘Boardwalk Empire’. Weak old chrome, tired original rear compartment upholstery and trim, broken division window crank. Orderly but aged underhood. A typical movie/TV car but sound and largely complete as the basis for a restoration. No coachbuilder identification. – This is an awful car, superficially redone to look good to a TV camera at fifty feet, with no interior shots, please. It should have been gone and away long before reaching the reported high bid, even with the functional coachwork and highly original interior (that needs to be redone.) Any mention of ‘originality’ or ‘preservation’ is obviated by the $200 paint job.
Lot # 4152 1959 Fiat 500 Jolly, Body by Ghia; S/N 110074209; Engine # 110000090287; Coral Pink/Wicker; Pink, White stripes top; Recent restoration, 2 condition; Not sold at Hammer bid of $70,000 – Wheel covers, whitewall tires, halogen headlights. – Freshly restored, engine compartment still smells new. Very good paint, fresh wicker, good top and chrome. Very cute. – Sold by RM in Monterey in 1998 for $26,410 in the same condition in which it was offered here. By all rights the car should have been sold well before reaching the $70K high bid. It’s a good Jolly, but not even as good as the reported high bid.
Lot # 4160 1934 Packard Eight Convertible Sedan, Body by Dietrich; S/N 72315; Dark Blue/Blue leather; Beige both top; Recent restoration, 1- condition; Hammered Sold at $165,000 plus commission of 10.00%; Final Price $181,500 – 319/120hp, body color wire wheels, trim rings, wide whitewall tires, dual enclosed sidemounts with mirrors, luggage rack, radio. – Excellent paint, chrome, interior and top. Concours restored and still fresh and sharp. – ’34 Packards combine good performance, updated chassis and classic Packard design into a package many Packard collectors regard as the best in the marque’s famed history. This one has an attractive open body on top of that, capped by an essentially flawless concours-quality restoration. At this price that adds up to a good value that will never need any excuses, whether for the car or for its price.
Auctions America Auburn Fall 2014 – Auction Report Page Four
Lot # 5057 1968 Chevrolet Camaro Z/28 RS 2-Dr. Hardtop; S/N 124378N403368; Garnet Red, White stripes/Black vinyl; Older restoration, 2- condition; Hammered Sold at $51,000 plus commission of 10.00%; Final Price $56,100 – 302/290hp, 4-speed, Rally wheels, redline tires, bucket seats, center console, woodgrain steering wheel. – A nearly 20 year old restoration with 15,821 original miles. Paint has some small scratches and cracking around the rear spoiler. Lightly dented brightwork. Engine compartment is very clean with some minor overspray from restoration. Original interior is generally clean showing minimal wear. A fantastic example of a well maintained show car. – While the restoration is pretty old, it is holding up remarkably well even with minimal miles since it was done. A quality car that needs little more than some mechanical attention to be sure belts, hoses and seals are freshened before being driven, recommissioning work that is amply factored into the modest price it brought here.
Lot # 5074 1962 Dodge Dart 440 2-Dr. Hardtop; S/N 5322165541; Red/Red vinyl; Older restoration, 2 condition; Hammered Sold at $77,500 plus commission of 10.00%; Final Price $85,250. No Reserve – 413 Ramcharger Max Wedge, short crossram dual quads, pushbutton automatic, bench seat, pushbutton radio, heater, steel wheels, linkages, 7.50-14 bias ply blackwall tires, dashtop Sun 270 degree tach. – Restored like new with very good paint, chrome, interior, engine compartment and underbody. Impossible to fault. – How far have Mopars fallen? One only has to trace the auction history of this Ramcharger Max Wedge. It sold at Barrett-Jackson Scottsdale in 2006 for $178,200, at RM’s Ft. Lauderdale auction in 2008 for $110,000, and this paltry amount in 2014, all without adding a single mile to its odometer, nor ever being in better (or worse) condition than its essentially flawless condition today. It is yesterday’s Muscle Car, but may have reached the nadir of its value curve with this transaction.
Lot # 5075 1964 Plymouth Sport Fury 2-Dr. Hardtop; S/N 3441181935; White/Light Blue vinyl; Recent restoration, 2+ condition; Hammered Sold at $62,500 plus commission of 10.00%; Final Price $68,750. No Reserve – 426/425hp Max Wedge Super Stock III, short crossram dual quads, 4-speed, buckets and console, spinner wheel covers, bias ply blackwall tires, pushbutton radio, heater delete. – Excellent Refrigerator White paint, interior, chrome and, of course, engine compartment. Meticulously restored to better than showroom condition without wretched excess. – This Sport Fury mirrors the value history of the Dart 440 sold just before it. Sold at RM’s Ft. Lauderdale auction in 2008 for $129,250, it brought barely half that today. It’s impossible to critique its presentation, only the market’s appreciation for the Max Wedge. A painful market correction that under-rates the performance and rarity of the car and the quality of its restoration.
Lot # 5076 1971 Plymouth GTX 2-Dr. Hardtop; S/N RS23V1G118505; Autumn Bronze Metallic, Black hood/Black vinyl, cloth inserts; Older restoration, 2- condition; Hammered Sold at $67,500 plus commission of 10.00%; Final Price $74,250. No Reserve – 440/385hp Six Barrel, 4-speed, Hurst pistol grip shifter, P/B, no P/S, Air Grabber hood, stereo cassette player/recorder, no radio, Rallye wheels with trim rings, Radial T/A tires, bench seat, Track Pack. – Very good older paint, chrome and interior. Clean and orderly underhood but not fresh. Underbody is similar. A sound and usable older restoration. – A Six Barrel 440 four-speed is a prize in any guise, especially in a GTX hardtop. Built to rule the streets, this car is up to the charge and even at this healthy price is a lot of car for the money.
Lot # 5077 1953 Chevrolet 210 2-Dr. Hardtop; S/N B53S041214; Light Yellow, Metallic Green roof/Green cloth; Older restoration, 3- condition; Hammered Sold at $26,000 plus commission of 10.00%; Final Price $28,600. No Reserve – 236/115hp, 3-speed, hubcaps, trim rings, whitewalls, pushbutton radio, oil filter, skirts, clear plastic seat covers. – A good older restoration, with the emphasis on old. Paint and chrome are good. Original upholstery, carpets and door trim are sound but waterstained. Engine is not grimy but is dusty. Radiator leaked, has been repaired but shows corrosion from the leakage. An unusual hardtop 210 with potential. – Most 210s have probably gained Bel Air trim over the years so finding one as sound and well maintained as this is unusual, to say the least. It’s an attractive car, but apparently not attractive enough to keep if from turning up at auction after auction. Offered at Auburn Fall in ’06 it was a no-sale at $18,000. Sold at B-J Scottsdale in 2008 for $24,200 but fell short at Branson Fall a few months later at $22,000 before selling at Worldwide’s auction in San Diego in April 2009 for $20,350. It then sold at RM’s Charlie Thomas auction in October 2012 for $26,400. This is its highest and best price although the car itself isn’t getting any better with age and trips across the auction block. The seller should be eternally grateful for getting out from under it with a profit, even a small one.
Lot # 5078 1932 Ford V-8 Deluxe Roadster; S/N 18135508; Washington Blue, Black fenders/Brown; Heather cloth top; Older restoration, 1- condition; Hammered Sold at $62,500 plus commission of 10.00%; Final Price $68,750. No Reserve – Cream wire wheels, chrome trim rings, dual sidemounts with chrome rings, etched wind wrings, rumble seat, luggage rack, greyhound mascot. – Good older paint, chrome and interior. Passenger’s door edge chipped. A quality older restoration to like new condition with better paint and chrome but in an odd color combination. – There aren’t very many Deuce V-8 roadsters left out there, and fewer in the carefully restored and attractive condition of this one. It sold at RM’s Monterey auction in 2010 for $99,000 and now shows just 2 more miles on the odometer. Offered in the middle of a run of Muscle Cars, Deuce buyers must have been at the rest room, because this No Reserve car went cheap.
Lot # 5079 1970 Plymouth Road Runner Convertible; S/N RM27V0G131014; Black Velvet/Burnt Orange vinyl; White leatherette top; Older restoration, 2 condition; Hammered Sold at $82,500 plus commission of 10.00%; Final Price $90,750. No Reserve – 440/390hp Six Barrel, 4-speed, Hurst pistol grip shifter, bench seat, Rally wheels with trim rings, F60-15 Polyglas GT tires, Air Grabber hood, P/S, P/B, 3.54 Dana Track Pack axle. – Very good paint, chrome, upholstery and top. Only Road Runner with this (odd but attractive) color combination. A little dusty from storage but hardly used at all, clean and attractive. Documented with original broadcast sheet and fender tag. – Another stunning, rare and powerful Mopar that brought a price that’s appropriate in the current market but represents a nearly breathtaking fall from a few years ago when Mopar was the flavor of the time. It sold at Barrett-Jackson Scottsdale in 2007 for $220,000, well over twice what it brought here. Unique colors, 440 Six Barrel, 4-speed, convertible: this is a huge value.
Lot # 5080 1968 Chevrolet Impala SS 427 Convertible; S/N 164678F202059; Engine # T0403IS 181202059; Island Teal/Teal, Blue vinyl; White vinyl top; Recent restoration, 2+ condition; Hammered Sold at $53,000 plus commission of 10.00%; Final Price $58,300. No Reserve – 427/385hp, automatic, P/S, P/B, AM-FM, indash 8-track, console, Rally wheels with trim rings and hubcaps, Red line tires, tilt steering column. – 8 miles on a thorough restoration to showroom condition. Excellent paint, chrome, interior and top. Crisp dash and gauges. – Big Impala convertibles with Big Block power have a particular appeal which seems, based on this result, not to have been present among the Auburn Fall bidders. It sold for $88,000 at RM’s Ft. Lauderdale auction in 2008 and could have brought that much here without being overpriced. At this modest result it is a serious value.
Auctions America Auburn Fall 2014 – Auction Report Page Five
Lot # 5082 1946 Lincoln Continental Cabriolet Indy 500 Pace Car; S/N H141724; Light Yellow/Maroon leather; Black cloth top; Older restoration, 2- condition; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500. No Reserve – Large hubcaps, trim rings, wide whitewalls, pushbutton radio, P/W, fender skirts, dual outside mirrors. – Very good restoration to showroom condition with very good paint, chrome, interior and top. Painted cylinder heads in a well restored but now a little aged engine compartment. CCCA National First Prize # 1483. Represented to be the actual 1946 Indy 500 Pace Car. – No one really knows which of several Continentals out there actually paced the ’46 500 but this one has been displayed at the Speedway Museum and driven on track during 2005 Speedway festivities. In this condition this Continental is a $50,000 car and the premium it brought is wholly the result of the 500 Pace Car status. It was acquired at RM’s Monterey auction in 2010 for $104,500.
Lot # 5087 1954 Cadillac Eldorado Convertible; S/N 546224718; Red/Red, White leather; White vinyl top; Older restoration, 2- condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500. No Reserve – Chrome wire wheels, wide whitewalls, Autronic Eye, WonderBar radio, skirts. power seat, P/W, parade boot. – Very good paint, chrome and interior. Scuffed windshield trim stainless. Underbody is restored and clean. Front seat upholstery is lightly creased but almost unused. Dash chrome is cloudy. A quality older restoration that is holding up well while developing its own patina. – Sold by RM at Meadow Brook in 2010 for $145,750 and modestly priced here even taking into account the aged restoration. This is the Eldo’s second year, and it is a more subtle and tasteful design than later flamboyant exercises. It is a sound value at this price.
Lot # 5088 1969 Shelby Mustang GT500 Fastback; S/N 9F02R481634; Acapulco Blue/White vinyl; Older restoration, 2+ condition; Hammered Sold at $82,500 plus commission of 10.00%; Final Price $90,750. No Reserve – 428/335hp, automatic, P/S, P/B, 5- spoke alloy wheels, Polyglas GT tires, pushbutton radio. – Very good paint, interior and chrome. Sharp and shiny showroom condition underhood. Like new underbody. Factory replacement engine. – This is an ordinary Shelby GT500 but it sold for an extraordinary price. Extraordinarily inexpensive, that is. It could have brought $100,000 and still been reasonably priced.
Lot # 5089 1987 Ferrari Testarossa; S/N ZFFSG17A4H0071823; Red/Tan leather; Visually maintained, largely original, 3+ condition; Hammered Sold at $84,000 plus commission of 10.00%; Final Price $92,400. No Reserve – Air conditioning, five-spoke Ferrari wheels, manuals and tools. – 9,537 miles from new. Well-maintained original, with fresh paint and thoroughly detailed. Driver’s seat is lightly scuffed. Black exterior trim is freshly done and glossy. Underbody has not been restored but is clean and orderly. David Disiere Collection. – This result is right on the money for a low mileage Testarossa, even though it sold at RM’s Monterey auction in 2013 for $110,000.
Lot # 5090 1948 Chrysler Town & Country Convertible; S/N C3963277; Gunmetal Grey/Oxblood leather, Beige cloth; Black cloth top; Older restoration, 2- condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500. No Reserve – Fluid Drive, pushbutton radio, heater, dual remote spotlights, hubcaps, sombrero trim rings, whitewall times. – Very good paint, chrome and top. Worn, surface cracked original upholstery. Orderly underhood but with corrosion on the firewall. Sound original wood with thin semi-gloss varnish. Both doors scarred from hitting the front fenders when opened. Decklid panel has a small delamination bubble. Underbody has been done and is clean, in near showroom condition. Not a great T&C, but a good one. – This is a better car than the money gives it credit for but is troubled by some small defects that the new owner will probably take the time and spend the money to make right, an effort and cost that is fully discounted in the price. On the other hand, the Gunmetal Grey paint is particularly attractive with the semi-gloss varnished wood.
Lot # 5091 1959 Mercedes-Benz 190SL Roadster; S/N 121042109500238; Silver/Dark Blue leather; Dark Blue cloth top; Cosmetic restoration, 3 condition; Hammered Sold at $87,500 plus commission of 10.00%; Final Price $96,250. No Reserve – Solex carbs, P/B, hubcaps, blackwall radial tires, multiband radio. – Decent fresh repaint, good panel fits, interior and loose fitting top. Pitted windshield trim chrome, good major chrome. Engine is clean but not restored. New brake master cylinder. Messy underbody with silver overspray. A decidedly mediocre driver. – This 190SL is a good place to start on a thorough restoration but the new owner better get on it fast before the 190SL fad fades.
Lot # 5092 1970 Oldsmobile 4-4-2 W-30 2-Dr. Hardtop Holiday; S/N 344870M295979; Ming Jade Green, Black stripes/Green vinyl; Cosmetic restoration, 3+ condition; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500. No Reserve – 455/370hp W-30, Ram Air hood, automatic, Hurst dual gate shifter, P/S, P/B, A/C, Rally II wheels with trim rings, Wide Oval tires, buckets and console, AM-FM. – Ming Jade Green is a ’70 Toronado color but it original to this 4-4-2. Good older paint, chrome and interior. Engine compartment is orderly but not restored; underbody is covered in old undercoat. Well preserved but valued more for originality than presentation. David Disiere Collection. – This is actually a neat car, highly optioned and painted when new with a one-off color that is both unique on the 4-4-2 and surprisingly attractive on the Cutlass body. For all its attributes, it brought a surprisingly modest price and is a good deal for its new owner.
Lot # 5096 1957 Chevrolet Bel Air Convertible; S/N VC57F275268; Engine # F807E; Tropical Turquoise/Turquoise, White vinyl; White vinyl top; Older restoration, 3+ condition; Hammered Sold at $57,500 plus commission of 10.00%; Final Price $63,250. No Reserve – 283/220-hp, 3-speed, windshield washers, no P/S or P/B, pushbutton radio, dual rear antennas, skirts, wheel covers, whitewalls, trunk edge guard, dual outside mirrors. – Very good older paint, chrome and interior. Window products are unusually clean. Engine compartment shows some age but could be better after a thorough detailing. Fender wells have a touch of Tropical Turquoise overspray. Better than just a good driver. – The best thing about this Bel Air is the rare 3-speed behind the 220hp Power Pack engine. The rest of the car is a tired old restoration that has little to commend it. The seller should be satisfied with this price even if it did sell at Worldwide’s Austin auction in 2013 for $66,000.
Auctions America Auburn Fall 2014 – Auction Report Page Six
Lot # 5097 1965 Austin-Healey 3000 Mk III Convertible; S/N HBJ828465; Red/Black Ambla; Black leatherette top; Older restoration, 3+ condition; Hammered Sold at $44,000 plus commission of 10.00%; Final Price $48,400. No Reserve – Overdrive, chrome wire wheels, Dunlop blackwall radial tires, AM-FM, LeCarra woodrim steering wheel, fender mirrors, badge bar, Lucas driving lights. – Good older paint, chrome, interior and top. Car card says it’s been driven 3,000 miles since it was restored, and its appearance endorses that statement. No fan shroud. Replacement VIN plate. A sound and presentable driver. – Offered at Mecum Kissimmee in 2011 with a reported bid of $60,000, then sold a few months later at B-J Palm Beach for $45,100. The odometer now shows fifteen more miles than when seen in 2011 and the value has changed hardly at all; it seems like as the restoration aged the Healey market has grown modestly enough to offset the age.
Lot # 5098 1957 Ford Thunderbird Convertible; S/N D7FH368440; White, White porthole hardtop/White vinyl; Older restoration, 3+ condition; Hammered Sold at $34,000 plus commission of 10.00%; Final Price $37,400. No Reserve – 312/245hp, automatic, P/S, P/B, A/C added, AM-FM, chrome wire wheels, whitewall tires, skirts, engine dressup, Town & Country radio. – Once was restored to showroom condition, now has been driven more than a few miles. Paint, chrome and interior are good aside from a few places on trim items where the plating is weak or lightly scuffed. A T-bird that should be a satisfying driver. – Driver-quality money, too.
Lot # 5102 1964 Chevrolet Impala SS Convertible; S/N 41467S316352; Engine # F0714S; Dark Red/Dark Red vinyl; White vinyl top; Older restoration, 3+ condition; Hammered Sold at $39,000 plus commission of 10.00%; Final Price $42,900. No Reserve – 327/250hp, Powerglide, P/S, P/B, A/C, buckets and console, wheel covers, narrow whitewalls, pushbutton radio, skirts, rear antenna. – Good older paint, interior, top, chrome. Chipped old hood trim aluminum. Scuffed bumpers. Orderly but aged and dusty engine compartment and underbody. Lightly soiled and yellowing top. A good older restoration with some years and a few miles that will benefit from some sympathetic attention. – This Impala’s restoration has aged enough that the presentation can be nit-picked, but not so the price it brought which is and entirely reasonable compromise among the Impala itself, its mundane drivetrain, generous equipment and condition. The Auburn Fall bidders did a good job of determining an appropriate price.
Lot # 5106 1994 Ferrari 348 Spider; S/N ZFFRG43A2R0097330; Blue Sera/Cream leather; Black cloth top; Unrestored original, 3+ condition; Hammered Sold at $48,000 plus commission of 10.00%; Final Price $52,800. No Reserve – Kenwood satellite stereo, A/C, 5-speed, P/W, 5-spoke alloy wheels, Pirelli blackwall tires, Assembly #14311. – Good original paint, lightly soiled driver’s seat. Clean, orderly engine compartment. An orderly used car with the odometer showing a believable 7,668 miles. – Sold at Barrett-Jackson’s Orange County auction in 2011 for $50,600 and reassuringly presented in attractive colors here, it brought a strong price for the model and would have been more reasonably priced at $38K than $48K.
Lot # 5107 1963 Chevrolet Corvette Roadster; S/N 30867S116492; Engine # 3116492 F0522SD; Riverside Red/Red vinyl; White vinyl top; Older restoration, 3- condition; Hammered Sold at $36,000 plus commission of 10.00%; Final Price $39,600. No Reserve – 327/300hp, Powerglide, P/S, no P/B, AM-FM, P/W, rear antenna, centerlock alloy wheels, narrow whitewall radial times. – Black top dash pods. Good older paint, chrome, interior and top. Top is lightly soiled where it rubs when folded. Doors line up well; window pockets are relatively clean and free of body shop crud. Nose shows evidence of repairs. Engine compartment is orderly, showing age and a little use. Loose, unprotected wiring for no longer installed horns or lights behind the grille. Underbody is old and has some exterior overspray. There are too many exceptions for this to be a good Corvette. – The car card said it has a 4-speed but neither what’s installed in the car nor the engine number correspond with that statement. It’s a usable driver, but not one that instills much confidence in the life it’s led. The Auburn Fall bidders were appropriately unimpressed and bought it appropriately for its specification and equipment.
Lot # 5108 1987 Buick GNX 2-Dr. Hardtop; S/N 1G4GJ1174HP447992; Black/Grey velour; Unrestored original, 2- condition; Not sold at Hammer bid of $85,000 – #227 of 547 built. Includes owner’s manual, window sticker, GNX book, apparel, original brochure. – Unrestored, completely as-delivered with 91 miles from new. – MSRP was $29,900, expensive at the time but in retrospect a modest price for the fastest American car of the year. Something of a legend in performance that took full advantage of Buick’s experience building race-winning turbocharged Indy Car V-6 engines, the GNX was the overachieving big brother of the Grand National. Put away when new and in unusually good condition the reported high bid should have been enough to see this garage queen change hands.
Lot # 5109 1972 DeTomaso Pantera, Body by Ghia; S/N THPNMC03541; Bronze/Black; Unrestored original, 3 condition; Hammered Sold at $66,000 plus commission of 10.00%; Final Price $72,600. No Reserve – 351/330hp, no radio, DeTomaso alloy wheels, Cooper blackwall tires, A/C, P/W, compact spare with inflator bottle, luggage tray. – Clearcoat over old, shrinking original paint. Decent original interior and chrome. Stock engine compartment, dusty and aged. Some small rust bubbles at the front margin of the engine cover. Underbody is covered in old undercoat. A sound and usable, highly original, unmolested Pantera with issues. – An unusual color for a Pantera, as is its largely original presentation. The clearcoated paint is unsettling, but probably will long outlive the new owner’s interest in the car and it is scruffy enough that it should be good for many more miles of enjoyable fair weather driving. The price reflects a modest premium of about $10,000 for originality.
Lot # 5110 1987 Ferrari Testarossa; S/N ZFFSG17A4H0068291; Red/Tan leather; Unrestored original, 3+ condition; Hammered Sold at $81,000 plus commission of 10.00%; Final Price $89,100 – A/C, Dunlop SP Sport tires, Blaupunkt stereo, factory luggage, books, tools and records. – Delaminating windshield, staffed, surface cracked driver’s seat. Good paint and new wheels. Clean used car. – Although there were a lot of Testarossas built (almost 7,200) their groundbreaking design and dramatic performance during the anemic Eighties has brought them increasing appreciation by collectors. This is an honest example with presentation that suggests a good and consistently maintained life. Testarossa prices seem to be gradually recovering, and this transaction endorses that view.
Auctions America Auburn Fall 2014 – Auction Report Page Seven
Lot # 5118 1950 Mercury 0CM Convertible; S/N 50SL81334; Light Yellow/Black, Dark Red vinyl; Black cloth top; Older restoration, 2 condition; Hammered Sold at $54,000 plus commission of 10.00%; Final Price $59,400. No Reserve – Overdrive 3-speed, Hi-Fidelity pushbutton radio, large hubcaps, Sombrero hubcaps, wide whitewalls, skirts, fog lights, P/W, clock, heater, oil filter, windshield washer. – Very good paint, bright, crisp chrome, very good interior, tight top. Fender chipped at the front left hood corner. Unusually good door fits. A quality older restoration to like new condition with only a little age showing. – Sold at Mecum’s Indy auction two years ago for $86,920, this is one that got away and escaped the notice of the usually astute Auburn Fall bidders. A quality car, it’s rare and well equipped and should have sold for at least $20,000 more than this.
Lot # 5119 1933 Pierce-Arrow Model 1242 Enclosed-Drive Limousine; S/N 542L27; Black/Black leather, Grey cloth rear; Older restoration, 1- condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – 494/175hp V-12, black wire wheels, whitewall tires, dual enclosed sidemounts, rear compartment footrests, jump seats, robe rail with lap robe, pulldown shades, rollup division, Trippe lights. – Very good paint, chrome and interior. Sharp dash and instruments. Very good engine. Clear new glass. Chassis shows some use and road miles and is lightly oiled and grimy. A high class Pierce, in more ways than one. – Even in sight of Pierce-Arrow’s end the company continued to build automobiles that were every bit as good and technically advanced as anything else in America. This 1242 Enclosed Drive Limousine is a perfect example of the quality, style and luxury that epitomized Pierce-Arrow. Capable of holding its own against Packards, Cadillacs, Lincolns and even Duesenbergs of the time, it is a whole lot of car for not a lot of money.
Lot # 5120 1962 Porsche 356B Super Cabriolet, Body by Reutter; S/N 155618; Engine # 700007; Ivory/Biscuit leather; Tan cloth top; Recent restoration, 2- condition; Hammered Sold at $180,000 plus commission of 10.00%; Final Price $198,000 – Chrome wheels, hubcaps, Nexen radial blackwalls, Blaupunkt multiband radio, Nardi-style woodrim steering wheel, Solex carbs. – Good paint, chrome and interior. Fresh but lightly oiled engine with the ‘P’ lightly stamped ahead of the star. Clean but not outstanding underbody. A good Porsche, if not the best. – Described as a $130,000 restoration, cost that is apparent throughout the car and brought a superior but realistic result from the Auburn Fall bidders.
Lot # 5124 1968 Shelby Mustang GT350 Fastback; S/N 8T02J155431-01252; Dark Green/Black vinyl; Unrestored original, 3+ condition; Not sold at Hammer bid of $70,000 – 302/335hp Shelby/Paxton supercharged, automatic, P/S, P/B, pushbutton radio, Sport Deck rear seat, 10-spoke Shelby wheels, E70-15 Goodyear Speedway blackwall tires, woodgrain steering wheel, tilt steering column. – Good clearcoat paint, otherwise represented as original with 56,402 miles and looks it. Orderly and casually detailed underhood. Good interior and chrome. Should have been cleaned up more for the auction. The seller makes no claim that the supercharger was original, or even dealer installed, but does claim the 56,402 miles on the odometer are all it has registered from new. – While it might bring $100K or more as a largely original GT350 the supercharger modification, which someone went to great lengths to procure, install and tune years ago and must have been immensely proud of, injects a note of caution which was reflected in the bid it brought at Auburn Fall. It sold at RM’s Ft. Lauderdale auction in 2008 for $112,750 and the seller’s unwillingness to accept a $40,000 loss is understandable. A little more of the supercharger’s history might enhance the value in prospective buyers’ minds.
Lot # 5125 1958 Mercedes-Benz 190SL Roadster; S/N 1210408500801; Red, Red hardtop/Black; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $80,000 – Body color hubcaps, trim rings, blackwall tires, hardtop only. – Sound recent repaint and interior, good chrome. Orderly but not restored engine compartment that shows recent mechanical attention including a new radiator and brake booster. Hardtop rear window gasket is old and cracked, window is good. Quickly resprayed under the body over old peeling undercoat. Frayed old headlight wiring quickly taped up. Recently freshened for the auction and not in the least bit reassuring. – 190SLs are hot in the market right now and the consignor of this example sought to take advantage of the hype. The car doesn’t live up to the expectation and the Auburn Fall bidders were reluctant to take a chance on what might have been overlooked or short cut during the cosmetic redo for the auction. The reported high bid was more than fair for this 190SL.
Lot # 5132 1972 DeTomaso Pantera, Body by Ghia; S/N THPNMD04304; Red/Black vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 – Alpine cassette stereo, DeTomaso alloy wheels, Arriva tires. – Rust bubbles at the base of the windshield, otherwise good paint, even door fits. Minor touched up edge chips. Overspray in front wheelwells. Underbody and suspension are surface rusted, grimy and original. No spare. Engine cover strut is dead. Top of engine has gotten a quick shot of Ford blue, the rest of the engine compartment is dirty and original. Sound, but edgy. – Not ‘nasty’ but neglected, aged and far from pristine, this is a project Pantera and it brought an unusually strong price for what it is. The bidders must have rust and dirt more highly than usual.
Lot # 5133 1970 Pontiac GTO Judge Ram Air IV 2-Dr. Hardtop; S/N 242370P128894; Engine # None; Starlight Black/Black vinyl; Recent restoration, 2+ condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500 – 400/370hp Ram Air IV, 4-speed, P/S, P/B, buckets and console, pushbutton AM/FM radio, Hurst T-handle shifter, wing, Wide Oval tires, SS wheels. – Excellent paint, chrome and interior. Sharp engine is like new, as is the underbody. PHS documented but the engine block has no numbers. – This is about as good as a ’70 GTO gets, at least without a folding top or A/C. It is beautifully and meticulously restored and brought a fully deserved superior price.
Lot # 5137 1957 Ford Thunderbird Convertible; S/N F7FH343179; Black, Black porthole hardtop/Red vinyl; White vinyl top; Older restoration, 2- condition; Hammered Sold at $170,000 plus commission of 10.00%; Final Price $187,000 – 312/300hp supercharged, 3-speed, overdrive, Town & Country radio, two tops, blackwall bias ply Firestone tires, dog dish hubcaps, rear antenna. – Good paint and interior. Good major chrome but scuffed window moldings. Engine compartment is better than new. Underbody is aged. A quality older restoration starting to show its age, but not much use. – Offered at Auctions America’s Ft. Lauderdale auction earlier this year where it no-saled on a reported $155,000 bid. The result here in Auburn is representative for an F-bird in this condition. The new owner could even have paid a little more on account of the overdrive 3-speed without the result being unreasonable.
Auctions America Auburn Fall 2014 – Auction Report Page Eight
Lot # 5140 1934 Packard Twelve Convertible Victoria, Body by Dietrich; S/N 901669; Burgundy, Dark Red fenders and accent/Black leather; Natural cloth top; Older restoration, 3+ condition; Hammered Sold at $280,000 plus commission of 10.00%; Final Price $308,000 – Dual enclosed sidemounts with mirrors, silver painted wire wheels, wide whitewalls, chrome trim rings, radio, heater, Trippe lights, Solar vee lens headlights. – Good paint, chrome and interior. Faded and lightly soiled top. Chassis is aged, oily and road grimy. Good interior wood, dashboard and crisp gauges. A pretty Packard with lovely Dietrich designed body with a top that folds nearly flush to the window sill line. A great car to continue to tour and enjoy. – Twenty-one years ago at the World Classic auction in Danville, California this Packard brought $144,900. It was fresher, but had the same restoration and cosmetics that it does today, a real endorsement of the quality of materials and workmanship lavished upon it two-plus decades ago. The bidders were surprisingly serious about this Packard Twelve and stayed on it for some time. It is unreasonable to argue with their determination of value.
Lot # 5142 1970 Ford Mustang Boss 429 Fastback; S/N 0F02Z112807; Grabber Blue/White vinyl; Older restoration, 2- condition; Not sold at Hammer bid of $175,000 – 429/375hp, 4-speed, T-handle Hurst shifter, P/S, P/B, matte black hood scoop, chrome Magnum wheels, F60-15 Polyglas GT tires, 8-track stereo, KK# 2192. – Restored like new a while ago and showing only a little age and no apparent use since. Very good paint, chrome and interior. Clean, orderly engine compartment. Underbody is nearly like new. – Reported sold at Barrett-Jackson in Scottsdale in 2010 for $176,000 and offered at Mecum’s Monterey auction a year ago with a reported high bid of $215,000. The consignor may think it’s worth more, but the bidders have a different opinion and in this business the bidders are always right.
Lot # 5147 1931 Auburn 8-98 Speedster; S/N 898A26003E; Light Yellow, Brown accent, Orange coachline/Tan leather; Tan cloth top; Older restoration, 3+ condition; Hammered Sold at $112,500 plus commission of 10.00%; Final Price $123,750 – Orange wire wheels, wide whitewalls, Trippe lights, Dual Ratio, dual sidemounts with Beige cloth covers and mirrors. – Cracked and chipped old repaint, surface creased upholstery, good chrome. Orderly engine compartment. A good older restoration showing its age and some miles but still shiny and more than good enough to be toured proudly. CCCA National First Prize #0922. A strip and repaint would make this a much better car without requiring much more attention. – Offered by RM at Meadow Brook in 2006 where it no-saled for $135,000. Auctions America made many excuses for the failing old paint, excuses that the car did not deserve. Yes, it needs paint but beyond that it is a well preserved old restoration that has many enjoyable tour miles before it. It also needs an A-C-D certification as an original Speedster, but even at that it is a handsome car that can be used as is and with self-confidence for an appropriately moderate price. The bidders and Auctions America did a good job of balancing the positive and negative aspects of this 8-98 in the final price.
Lot # 5151 1968 Plymouth Road Runner Hemi 2-Dr. Sedan; S/N RM21J8G215766; Red/Black vinyl; Cosmetic restoration, 2- condition; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500 – 426/425hp, dual quads, 4-speed, 4.1 Sure Grip, P/S, P/B, chrome Magnum wheels, red line tires, pushbutton radio, heater, bench seat. – Fair quality but very shiny repaint, sound original interior. Good chrome. Underbody cleaned up and repainted. A rare car with a presentable fresh cosmetic restoration. – You were King of the Streets with this Road Runner Hemi in 1968. Appropriately equipped to reap pink slips like a McCormick reaper in a field of wheat, the presentation leaves something to be desired but is far too good to change. It is a car to be proud to own, particularly at this moderate price that reflects the current weakness of Mopar performance.
Lot # 5152 1948 Packard Super 8 Convertible; S/N 22794221; Red/Beige leather; Natural cloth top; Cosmetic restoration, 3+ condition; Hammered Sold at $40,000 plus commission of 10.00%; Final Price $44,000. No Reserve – P/W, 3-speed, dual remote spotlight, skirts, large hubcaps, trim rings, wide whitewalls, bumper overriders, backup lights, exhaust turndown, pushbutton radio, spare, jack and tools. – Very good paint, chrome and interior but old undercoat in the wheel wells fogged with exterior overspray. Makes a great first impression that is quickly let down. – If Porsche 356s are bathtubs, this Packard is a Hot Tub, big enough for many friends to enjoy together. It brought modest money, though, for what it represents in Packard history and should be great fun for no more than a good Model A.
Lot # 5158 1957 Chevrolet Bel Air Convertible; S/N VC57F211540; Harbor blue/Blue, Light blue vinyl; Larkspur blue vinyl top; Recent restoration, 2+ condition; Hammered Sold at $71,000 plus commission of 10.00%; Final Price $78,100 – 283/220hp, Powerglide, power steering, power brakes, dual exhaust, fender skirts, aftermarket cassette. – Beautiful restoration. Paint and brightwork are amazing. Panel gaps are inconsistent and need more attention. Engine bay is very clean. Underneath shows recent paintwork and still smells fresh. Interior is spotless. An excellent car with nothing to complain about except the door fits (and they’re probably just as they left Flint fifty-seven years ago.) – A pretty, pretty, fresh, crisp Bel Air that brought a premium price appropriate to the quality and freshness of its restoration and the specifications. While it is expensive, the new owner got a car that should require no excuses and be rewarding to drive and show pretty much anywhere.
Lot # 5166 1953 Ford Crestline Sunliner; S/N B3LC120746; Red/Black, Red vinyl; Black cloth top; Older restoration, 2 condition; Hammered Sold at $27,000 plus commission of 10.00%; Final Price $29,700. No Reserve – 3-speed, P/S, oil filter, windshield washer, clock, heater, pushbutton radio, hubcaps, trim rings, whitewalls, bumper overriders, rear deck continental bump, skirts. – Very good paint, chrome and interior. Done to showroom condition some time ago and still very good showing more age and post-washing residue than miles. Paint is lightly orange peeled on the right hood side. A satisfying Ford convertible. – Sold for $44,280 at the Leake Tulsa auction in June 2012, this is an enjoyable car for not even a modest price. It is cheap.
Lot # 7064 1966 Porsche 912 Coupe; S/N 455842; Green/Black; Visually maintained, largely original, 4 condition; Hammered Sold at $29,500 plus commission of 10.00%; Final Price $32,450 – Steel wheels, AM/FM radio, Porsche Certificate of Authenticity. – Body panels are straight and fit well. Paint is fair with a few chips on panel edges and some cracks in the hood. Brightwork has lots of pitting and scratches. Engine bay is clean. Underneath is simply smeared with undercoating. Side glass has lots of scratches. Interior is in rough shape and carpets don’t fit right. A rough car with a superficial old cosmetic redo. – This 912 had needs, to say the least, and what work that had been done needs to be redone at this point. On the other hand, just try to find another short wheelbase Porsche from the 1960s for less. The swb 911/912s are at the head of Porsche shoppers’ lists right now and this 912 ticks that box for someone willing to overlook its general mediocrity. It is fully priced in this transaction, but in absolute terms the premium is only a few thousand bucks.
[Source: Rick Carey]
It seems that very few cars increased in value even though they have been used ver little