Barrett-Jackson Las Vegas 2014 – Auction Report

Barrett-Jackson Las Vegas 2014 – Auction Report Page Eight

1966 Toyota FJ40 Land Cruiser Utility Custom
Lot # 324.2 1966 Toyota FJ40 Land Cruiser Utility Custom; S/N FJ4038522; Metallic Dark Green, Silver pebble grain roof/Grey cloth; Original, modified for competition or performance, 4 condition; Hammered Sold at $13,000 plus commission of 10.00%; Final Price $14,300. No Reserve – Chevrolet V-8, Weiand intake, 4-barrel, automatic, forward facing rear seat, diamond plate running board and sill Warn front hubs, alloy wheels, studded Wrangler tires.. – Chipped and scratched old repaint, fair upholstery, dirty engine compartment, filthy chassis with surface rust peeking through the dirt. Studded tires? Rusty rear floor sides. A project with no good surprises. – Studded tires? What is that about? The worst of the nine FJs at Las Vegas, and the one sold for the lowest price. Bidders were paying attention.
1966 Ford Mustang Notchback
Lot # 18 1966 Ford Mustang Notchback; S/N 6R07C116626; Red, White roof/Black vinyl; Unrestored original, 3- condition; Hammered Sold at $12,500 plus commission of 10.00%; Final Price $13,750. No Reserve – 289/200hp with Edelbrock 4-barrel carb, 3-speed, P/S, pushbutton radio, factory gauges, Grant GT steering wheel, wheel covers, narrow whitewalls. – Quickly repainted for the auction and given new tires but that is about all. Polished chrome and stainless. Tired interior, but not as tired as the dash and instruments. – Unusually equipped with the 3-speed and power steering which contribute to its utility as a driver, but the car is tired and not attractive. This much money could have bought a similarly equipped convertible in like condition and is expensive for this notchback.
1956 Nash Metropolitan Coupe
Lot # 50.1 1956 Nash Metropolitan Coupe; S/N E21093; Blue, White/Blue, white vinyl; Visually maintained, largely original, 4+ condition; Hammered Sold at $8,700 plus commission of 10.00%; Final Price $9,570. No Reserve – Vinyl covered rear spare, body color wheels, narrow whitewalls. – Whitewalls have blue body paint overspray on them. Body was painted assembled, sloppily masked. Engine cleaned up then the compartment was shot with matte black. A poor car, bordering on awful. – Yeccch. ‘Cute’ brought this Metropolitan a generous price, probably from someone bidding from the back row who didn’t realize how much it needs.
1973 Oldsmobile Delta 88 Royale Convertible Custom
Lot # 1 1973 Oldsmobile Delta 88 Royale Convertible Custom; S/N 3N67U3M258364; Red/Red velour; White vinyl top; Visually maintained, largely original, 3- condition; Hammered Sold at $8,000 plus commission of 10.00%; Final Price $8,800. No Reserve – 455/230hp, automatic, P/S, P/B, A/C, P/W, Jensen cassette stereo, power seat, Grant GT leather rim steering wheel, tilt steering column, chrome Cragar S/S wheels, Radial T/A tires. – Sound body, decent chrome, soiled upholstery, cracked windshield. Quick old repaint with dirt, fisheyes and small blisters. Underbody is original. A mediocre but usable Olds. – The upgrades on this Olds hardly qualify it for B-J’s description as a ‘custom’ and its shortcomings (especially the grubby upholstery) are easily addressed. Plenty of room for the family and a bit of a stylin’ ride even in Las Vegas where the air conditioning will be a major advantage.
1954 Packard Clipper 2-Dr. Sedan
Lot # 47 1954 Packard Clipper 2-Dr. Sedan; S/N M200189; Black, Red roof/Grey cloth; Visually maintained, largely original, 3- condition; Hammered Sold at $8,000 plus commission of 10.00%; Final Price $8,800. No Reserve – 288/150hp, automatic, P/B, WonderBar radio, Dixco 90 degree tach on steering column, red steel wheels, hubcaps, trim rings, whitewalls. – Blistered, scratched, chipped old repaint, thin, pitted chrome. Seats recovered in material different from the old door panels. Undercoat is at least 60 years old. Orderly engine compartment with oil filter. Fuel line wrapped in pipe insulation secured with duct tape. Not much to generate excitement but the basic Packard is sound and has potential. – Not quite nasty, but with some potential. At this price the new owner placed a Las Vegas style wager on ‘potential.’
1974 Jensen-Healey Convertible
Lot # 19 1974 Jensen-Healey Convertible; S/N 14693; Red/Brown vinyl; Black leatherette top; Visually maintained, largely original, 3- condition; Hammered Sold at $7,800 plus commission of 10.00%; Final Price $8,580. No Reserve – 1,973/140hp Lotus 16-valve engine, 4-speed, alloy wheels, Yokohama blackwall radials, CD stereo. – Badly masked repaint, sound seats, good top. Underbody has been quickly repainted over old undercoat. Shrinking dash cover shows rust underneath. Scuffed stainless trim. Appealing is not a word used in connection with this car even if it is, as represented, a 1-owner California car. – Described as ‘restored’, the application of that term is stretched pretty thin in being applied to this Jensen-Healey. It brought restored Jensen-Healey money but in terms of what else $8,580 can buy the expenditure is not unreasonable, just unrecoverable.
1970 MG B GT Coupe
Lot # 311 1970 MG B GT Coupe; S/N GHD5UA189874G; Black/Black leatherette; Visually maintained, largely original, 4+ condition; Hammered Sold at $6,000 plus commission of 10.00%; Final Price $6,600. No Reserve – Black wire wheels. – Fair paint, sound interior. Side window trim covered in chrome vinyl tape. A nasty car best avoided. – Not worth what it brought, a car with no good surprises.
1969 Mercedes-Benz 280SE 4-Dr. Sedan
Lot # 37 1969 Mercedes-Benz 280SE 4-Dr. Sedan; S/N 10801810033684; Brown/Brown leatherette; Unrestored original, 3 condition; Hammered Sold at $4,500 plus commission of 10.00%; Final Price $4,950. No Reserve – 4-speed, Becker Europa AM-FM, A/C, buckets and console, wheel covers, narrow whitewalls, fog lights. – All original car in highly impressive condition and unusual colors. Scratched and spotted original paint, good chrome and interior except for worn through piping on the driver’s seat back bolster. Underbody is covered in old undercoat, peeling in places with surface rust showing through. An honest, appealing survivor made even better by the four-speed. – Preserving the spotty paint represents something of a challenge, but one well worth taking on. This is an unusual M-B, charming in its originality and said to run and drive well. It will be proudly owned, driven and shown among much more expensive cars and is a very good value at this price.

[Source: Rick Carey]

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  1. Thanks for the article Rick , and as for Tom Barret he was a real character , the L.A Times once called him the P.T Barnum of the Classic car world , and I knew him well , I remember staying at his house in Scotsdale and we were in his golf cart riding around his garages looking at his fantastc cars when I spotted an old beat up Cadillac Limo I said ” Tom what’s that thing doing here ? ” Tom replied ” Thats Elvis Preslys 1978 Cadillac Limosine ” I thought for a moment then said ” But Tom Elvis died in 1977 ” Tom came back straight away with ” Yeah , but he order it before he died ! ” a true salesman !

  2. Comparing old Corvette price degradation with that of gold is a poor comparison compared to the stock market in general. In the same time frame (4 years) that Corvette prices have gone down hill, the same money invested in the S&P 500 has done outstandingly well. Most old cars are very poor investments.