Barrett-Jackson Palm Beach 2012 – Auction Report

Barrett-Jackson Palm Beach 2012 Auction Report – Page Three

1957 Chevrolet Bel Air Nomad 2-Dr. Station Wagon
Lot # 647 1957 Chevrolet Bel Air Nomad 2-Dr. Station Wagon; S/N VC570106905; Dusk Pearl, White roof/Silver vinyl, Black cloth; Visually maintained, largely original, 3+ condition; Hammered Sold at $39,000 plus commission of 10.00%; Final Price $42,900 – 283 4-barrel, Powerglide, skirts, spinner wheel cooers, whitewalls, P/B, cassette stereo. 75,791 miles. Good repaint and chrome. Sound original interior. Underbody painted glossy black over old undercoat. Engine compartment is clean but has been quickly and crudely touched up with an unattractive paint application. Right side has been repaired. An unusually original Nomad in sound and reasonably presentable condition. Not the most attractive car in B-J's Palm Beach sale, but one of the more rare and original which is sufficient to support the rather healthy price it brought. Most Nomads have been restored or kustomized making a largely original example like this a rare and desirable find. It's fully valued at this price.
1969 Chevrolet Chevelle SS
Lot # 648 1969 Chevrolet Chevelle SS 2-Dr. Hardtop; S/N 136379Z322274; Engine # KF; Black/Black vinyl; Recent restoration, 2 condition; Hammered Sold at $59,500 plus commission of 10.00%; Final Price $65,450 – 396/375hp, automatic, buckets and console, P/S, P/B, 4.11 Positraction, Rally II wheels, Wide Oval tires, pushbutton radio. Excellent fresh restoration to better than new condition. Represented as matching numbers. Super paint and chrome. Underbody is overdone. This is one of several cars offered at Barrett-Jackson Palm Beach this year with fresh, sharp, accurate (and sometimes over the top) restorations by Thornton Autoworks in Telford, PA. Not only beautifully restored like this Chevelle they boasted drivetrains and options that muscle car buyers crave. And they brought top dollar. But to believers in the 'buy the best car you can afford' mantra they gave full value for the money and offered an unusual level of ownership pride and satisfaction.
1957 Chevrolet Corvette Convertible
Lot # 650 1957 Chevrolet Corvette Convertible; S/N E57S104257; White, Silver coves/Red vinyl; Black vinyl top; Older restoration, 2- condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – 283/220hp, 3-speed, base radio, spinner wheel covers, whitewalls, heater, two tops. Good older paint, chrome and interior. 70,946 miles and four owners from new with documented history. Underbody isn't done to the same standards as the outside but is clean and nearly like new. This '57 was sold as a pair with lot # 650.1, a 2007 Corvette convertible with the same six-digit VIN. This result reflects the combined price of both cars. Neither was particularly exceptional, but the combined value is very good: a showy '57 for weekends and a practical (?) '07 for weekday commuting. A good value.
1969 Chevrolet Camaro Z-28 RS Coupe
Lot # 654 1969 Chevrolet Camaro Z/28 RS Coupe; S/N 124379N555154; Maroon metallic, White stripes/Black vinyl, houndstooth cloth; Older restoration, 2- condition; Hammered Sold at $36,000 plus commission of 10.00%; Final Price $39,600 – 302/290hp, 4-speed, console gauges, pushbutton radio, Rally wheels with trim rings, F70-15 Polyglas tires, P/B, Hurst shifter, 3.73 axle, cowl induction hood. Good bodywork and paint. Metallic paint is odd. Dash top is loose. Chassis shows some use. Good panel fit. A mediocre Camaro that doesn't benefit from the custom-ish paint. The correct '69 Burgundy Poly had no flake in it and the decision to add some to this Camaro's finish is bizarre. It was offered at Mecum's Kissimmee auction earlier this year where it no-saled at a reported $56,000 bid. The result here in West Palm for a car that really needs some work and a strip and repaint in the correct period color reflects its appropriate value.
1970 Oldsmobile 4-4-2 W30
Lot # 654.1 1970 Oldsmobile 4-4-2 W30 2-Dr. Hardtop; S/N 344870M168135; Rally Red, Black hood stripes/Black vinyl; Recent restoration, 2+ condition; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 – 455/370hp, 4-speed, W27 aluminum rear axle housing, steel wheels, hubcaps, Wide Oval tires, Rally gauges. Represented as matching numbers engine. 33,385 miles, restored better than new with superb paint and chrome, good interior and glass. It would be a sleeper were it not for the color. Rally Red is pretty orange, although this car's finish is wholly devoid of any peel. It sold here a year ago for $71,500, the same price it brought today. The combination of the W30 engine package, 4-speed, low miles and superb restoration add up to significant value even at this price.
1957 Oldsmobile Super 88 J-2
Lot # 656.1 1957 Oldsmobile Super 88 J-2 2-Dr. Hardtop; S/N 578C08853; White/Red, White vinyl, Black cloth; Older restoration, 3+ condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – 371/300hp, J-2 with three 2-barrel intake, automatic, chrome wire wheels, whitewalls, WonderBar radio, P/S. Cosmetically restored with scant attention to details. Erratic trim chrome, stretched seat covering, good major chrome and dashboard. Paint blisters on deck lid. Body is straight and panels fit well. Chassis and underbody have been stripped and repainted. Riley Hogan, Jr. Collection. Looking at an Olds like this it's hard to imagine the marque disappearing 47 years later. While Olds lost its way (or was misguided by GM corporate) the history is grand and the cars are regaining recognition as some of the best of the 50's-early 70's. The condition of this J-2 is erratic and not aging well, however, and its price is excessive, J-2 convertible money for a Holiday hardtop.
1956 Ford Fairlane Crown Victoria Skyliner
Lot # 657 1956 Ford Fairlane Crown Victoria Skyliner 2-Dr. Hardtop; S/N M6AW116385; Blue, White/White vinyl, Black cloth; Customized restoration, 3+ condition; Hammered Sold at $45,000 plus commission of 10.00%; Final Price $49,500 – 292/202hp, automatic, blue tinted Plexiglas roof panel, skirts, dual rear antennas, continental kit, chrome wire wheels, Goodrich Silvertown radial whitewalls, P/S, P/B, Town & Country radio, underdash gauges, aftermarket A/C, Mercury taillights, chrome sill trim. Good paint, chrome and interior, thin interior trim chrome. Chassis incompletely stripped and repainted glossy black. Great eyeball but compromised in its execution. Riley Hogan, Jr. Collection. The Merc taillights are a neat touch on this cosmetically restored Skyliner, one of just 603 built. Its price sensitively balances its rarity and the lavish options list with its erratic cosmetic restoration.
1962 Pontiac Bonneville Convertible
Lot # 658.2 1962 Pontiac Bonneville Convertible; S/N 862P27551; Engine # 387370 10D; Orange/Burgundy vinyl; Red vinyl top; Recent restoration, 2 condition; Hammered Sold at $79,000 plus commission of 10.00%; Final Price $86,900 – 4-speed, WonderBar radio, buckets and console, back seat courtesy lights, skirts, 8-lug wheels, narrow whitewalls, P/S, P/B. Tri-Power with cheesy aftermarket air filters. Distinctly odd color combination; each color is attractive by itself but the combination is disjointed. Paint, chrome and interior are good and doors fit the fenders, but the sills don't fit the doors. chassis has been done like new. Aside from the color mismatch this is a good, sound car. Riley Hogan, Jr. Collection The exterior is somewhere between '62 Pontiac's Mandalay Red (orange) and Belmar Red (burgundy). Everything clashes, nothing complements. 10B is the '62 code for the hydraulic lifter 389/318hp Tri-Power. A very appealing car with the stuff that made Pontiac hot in the early 60's, but this price is expensive for what it is, even if the color scheme made sense.
1954 Buick Skylark Convertible
Lot # 659.1 1954 Buick Skylark Convertible; S/N 7A1088263; Light Blue, White wheelwells/Two tone Blue vinyl; White vinyl top; Concours restoration, 1- condition; Hammered Sold at $118,000 plus commission of 10.00%; Final Price $129,800 – An older show quality restoration that has lost its edge. Panel fits are very good. Chrome in taillight centers is cloudy but the balance of the chrome is outstanding. Both quarter windows need to be refitted to their frames. Riley Hogan, Jr. Collection. No longer show quality, but close and within shouting distance of being a show car again, the Palm Beach bidders stepped up and paid a reasonable price. After the home runs hit by '54 Skylarks in Palm Beach in recent years ($189,000 in '05 and $198,000 in '07) this result might be seen as disappointing but it reflects the current market and the presentation of this car.
1953 Packard Caribbean Convertible
Lot # 660 1953 Packard Caribbean Convertible; S/N L415994; Cream/Red leather; Black cloth top; Older restoration, 3+ condition; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 – 327/180hp, automatic, WonderBar radio, P/W, power bench seat, chrome wire wheels, whitewall tires, continental style spare with chrome ring. A quality older restoration with some flaws like a cracked steering wheel and a new shot of undercoat inside the front wheel wells. Body panels are flat, fits are very good and chrome in excellent. Upholstery is older than the exterior cosmetics. A sound and complete older restoration with fresh cosmetics. Even with the freshened older restoration this Caribbean is modestly valued by the Palm Beach bidders. It could have brought another $10,000 without being excessive.
1957 Chevrolet Corvette Convertible
Lot # 660.1 1957 Chevrolet Corvette Convertible; S/N E57S100968; Engine # TYX; Venetian Red, Beige coves/Red vinyl; Beige vinyl top; Modified restoration, 3+ condition; Hammered Sold at $68,000 plus commission of 10.00%; Final Price $74,800 – 350 V-8, 4-speed, cassette stereo, spinner wheel covers. Good recent repaint, new interior and top. Chassis casually repainted assembled. Engine compartment is orderly but shows use. A sound and presentable driver, but why not replace the ugly, pitted windshield post covers? Rick Hendrick collection. For a crate 350-powered '57, an early one that would have had a 3-speed, and just in used daily driver condition? Whew. Rick Hendrick must have a leprechaun in his pocket bringing him good luck.
1972 Pontiac LeMans Convertible
Lot # 660.2 1972 Pontiac LeMans Convertible; S/N 2D67X2P133151; Engine # C222879 YB; Dark Green metallic/Sandalwood vinyl; Black vinyl top; Older restoration, 2- condition; Hammered Sold at $62,000 plus commission of 10.00%; Final Price $68,200 – 455/300hp 34X engine, automatic, buckets and console, A/C, pushbutton radio, sport steering wheel, P/S, P/B, Rally II wheels, Wide Oval tires, Ram Air hood, Endura front bumper, rally gauges, wing. Restored like new with very good cosmetics. Clean underhood. An attractive car in very good, nearly new, condition showing only a little use and age. Sold at Mecum's Indianapolis auction in 2010 for $60,950. The color combination is very appealing, as is the equipment list. It's worth emphasizing that this is a LeMans, not a GTO, although it looks, feels and probably drives as well as any GTO but is arguably more rare. Today's price is no less appropriate than the lower price was two years ago.
1961 Chevrolet Impala
Lot # 661 1961 Chevrolet Impala 2- Dr. Hardtop Bubble Top; S/N 11837S105814; Red/White vinyl, Red cloth; Recent restoration, 2+ condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – 409 with three deuces in place of the original 348. 4-speed, P/S, P/B, Vintage Air A/C, spinner wheelcovers, whitewalls, pushbutton radio, 90 degree tach on steering column, bench seat. Restored like new with better paint and chrome. A very pretty car. The argument may rage over the upgraded engine, but only 'til the hood is raised at a show or the tires are turned to smoke at a stoplight. The quality of the restoration and the allure of the 409/360 engine caught the bidders' attention and brought a premium price for a premium car.
1962 Chevrolet Corvette Convertible
Lot # 662 1962 Chevrolet Corvette Convertible; S/N 20867S111162; Engine # 2111162 F0424RE; Black/Red vinyl; Black vinyl top; Recent restoration, 2+ condition; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 – 327/340hp, 4-barrel, 4-speed, spinner wheel covers, P215/70R15 radial narrow whitewall tires, WonderBar radio. Excellent paint, chrome, interior and top. Restored better than new, fresh and very pretty. High performance 4-barrel engined Corvettes don't have the high profile of their fuel injected siblings but they're much more user friendly and capable of nearly equal performance. And when was the last time someone truly exploited the extra 20hp of a Fuelie, anyway? Impressively restored and immaculately presented, this Corvette could have brought another $10K and still been good value for the money.
1956 Ford Thunderbird Convertible
Lot # 662.1 1956 Ford Thunderbird Convertible; S/N P6FH218720; Blue/Blue, White vinyl; White vinyl top; Recent restoration, 2+ condition; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 – 312/225hp, automatic, P/S, no P/B, two tops (white with portholes, chrome wire wheels, whitewalls, cassette stereo, engine dressup. An older restoration but still better than new. Excellent paint, chrome, interior and glass. There was a Thunderbird movement in Palm Beach this year, with prices returning to levels not seen in a few years. This car sold here two years ago for $71,500 and it's hard to imagine that it could have been any better then than it is now. It's just a better value.
1954 Chevrolet Corvette Roadster
Lot # 662.2 1954 Chevrolet Corvette Roadster; S/N E54S003355; Polo White/Red vinyl; Beige cloth top; Cosmetic restoration, 3+ condition; Hammered Sold at $45,000 plus commission of 10.00%; Final Price $49,500 – Cassette stereo, spinner wheel covers, siamesed air filters. An older cosmetic restoration with good paint chrome and interior. Chassis and underbody are old and grungy. A disappointing early Corvette that brought a disappointing but not unrealistic price for its condition.
1948 Buick Roadmaster Series 76 C Convertible
Lot # 664.2 1948 Buick Roadmaster Series 76 C Convertible; S/N 14934634; Aztec Poly Green/Green leather; Beige cloth top; Older restoration, 3+ condition; Hammered Sold at $44,000 plus commission of 10.00%; Final Price $48,400 – 3-speed, large hubcaps with sombrero trim rings, pushbutton radio, whitewalls. Good new paint, major chrome, new upholstery and top. Weak trim chrome, frayed window seals. Chassis and underbody slathered with thick undercoat. Flaking steering wheel chrome. Great eye appeal but doesn't hold up to closer inspection. This Buick's condition and presentation are sufficiently flawed to make the price it brought here representative of its place in the market. It could be worth a lot more, but it needs much more than fresh cosmetics to satisfy buyers who are very astute at looking beyond flash to assess the underlying condition.
1969 Buick GS400 Convertible
Lot # 669.2 1969 Buick GS400 Convertible; S/N 446679Y145258; Verde Green/Pearl vinyl; White vinyl top; Recent restoration, 2+ condition; Hammered Sold at $72,500 plus commission of 10.00%; Final Price $79,750 – 400/340hp, Ram Air hood, P/B, P/S, A/C, 4-speed, AM-FM, Super Sport wheels, redline tires, 3.42 limited slip. Represented as matching numbers and one of 55 GS400 convertibles with 4-speed and air. Restored like new with excellent paint, chrome, interior, top and everything else. Another Thornton Autoworks restoration, one of several at Palm Beach this year, and beautifully presented on stands with mirrors underneath to show the pristine undercarriage and body. A really exceptional car, and desirably equipped, its price sets a high bar for other GS400s.
1970 Ford Torino Cobra
Lot # 670 1970 Ford Torino Cobra 2-Dr. Hardtop; S/N 0A38J171876; Bright Yellow, Matte Black hood/Black vinyl; Cosmetic restoration, 2_ condition; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 – 429/360hp Super Cobra Jet, automatic, shaker hood, buckets and console, pushbutton radio, Magnum wheels, P/S, P/B, 3.91 Traction-Lok, slats, Wide Oval tires, Drag Pack. A high quality cosmetic restoration of a 41,777 mile car with excellent paint, chrome and interior. Represented as matching numbers. Underbody is clean but has old undercoat and isn't to the same standards as what is more readily seen. A fabulous, rare model delivered as a competition-ready package with the big 429 engine, 4-speed, wide wheels and competition suspension. It's as racy as any Mustang, but nearly overlooked by collectors, which accounts for the price this one brought. It's all the money for a Torino Cobra (in this condition) but has more inherent value and rarity than meets the eye.

Barrett-Jackson Palm Beach 2012 – Auction Report Continued

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Show Comments (2)

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  1. It’s interesting. I don’t think there is one car that you analyzed that I actually want, but I still fully enjoyed reading your analysis and learning about them all. Many thanks – look forward to more.

  2. It’s interesting to get an insiders opinion about values of collector cars, especially since most automotive publications stay away this topic .