Auctions America Auburn Fall 2014 – Auction Report

Auctions America Auburn Fall 2014 – Auction Report Page Seven

1950 Mercury 0CM Convertible
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.
1933 Pierce-Arrow Model 1242 Enclosed-Drive Limousine
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.
1962 Porsche 356B Super Cabriolet, Body by Reutter
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.
1968 Shelby Mustang GT350 Fastback
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.
1958 Mercedes-Benz 190SL Roadster
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.
1972 DeTomaso Pantera, Body by Ghia
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.
1970 Pontiac GTO Judge Ram Air IV 2-Dr. Hardtop
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.
1957 Ford Thunderbird Convertible
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.