Auctions America Auburn Fall 2014 – Auction Report

Auctions America Auburn Fall 2014 – Auction Report Page Two

1962 Pontiac Catalina Convertible
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.
1966 Chevrolet Corvette Coupe
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.
1970 Plymouth 'Cuda 2-Dr. Hardtop
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.
1961 Chevrolet Corvette Convertible
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.
1966 Sunbeam Tiger MK 1A Convertible
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.
1969 Chevrolet Camaro Z/28 2-Dr. Hardtop
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.
1972 Buick Gran Sport Stage 1 Convertible
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.
1959 Edsel Corsair Convertible
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.