Barrett-Jackson Palm Beach 2012 – Auction Report

Barrett-Jackson Palm Beach 2012 Auction Report – Page Four

1958 Chevrolet Bel Air Impala Convertible
Lot # 671.1 1958 Chevrolet Bel Air Impala Convertible; S/N F58L143735; Black/Black, Blue vinyl; Older restoration, 2- condition; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500 – Powerglide, Wonder Bar radio, remote spotlight/mirror, spinner wheel covers, whitewalls, continental kit, dual rear antennas, P/S, P/B, power bench seat, P/W, skirts. An older restoration to nearly like new. Paint is good, as are the chrome and interior. Paint has some polisher swirl but isn't candy-like clearcoat. A pretty car, and pretty menacing in black. 58's are often overlooked in the fascination with the '55-'57 shoeboxes but this one had too much presence to be ignored. I just wish they'd told us what engine lurked under its hood.
1967 Pontiac GTO Convertible
Lot # 672.2 1967 Pontiac GTO Convertible; S/N 242677Z110595; Engine # 214970 WV; Red/Parchment vinyl; White vinyl top; Cosmetic restoration, 3+ condition; Hammered Sold at $46,000 plus commission of 10.00%; Final Price $50,600 – 400/360hp, 4-barrel, 4-speed, P/S, no P/B, aluminum radiator, Saf-t-Track, buckets and console, Rally wheels with trim rings, red line tires, underdash CD stereo, dealer installed tonneau cover. Frequently flawed paint, generally decent chrome and trim, scuffed window sill trim. Orderly but not sharp engine compartment. Chassis and underbody given a quick respray and now shows age, use and road grime. Smells of coolant. A desirable car but in compromised condition and accorded a similarly compromised price. It has good bones to work from, though, and can be enjoyed as is or upgraded physically and cosmetically to be better without a great deal of effort or expense. The price is fair to both the buyer and the seller.
1967 Austin-Healey 3000 Mk III Phase 2 Convertible
Lot # 674 1967 Austin-Healey 3000 Mk III Phase 2 Convertible; S/N HBJ8U42555G; Golden Beige/Red vinyl; Black leatherette top; Recent restoration, 2+ condition; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – Chrome wire wheels, blackwall tires. Freshly restored by marque specialist Kurt Tanner and flawless. An heroic result in today's market, but this is as good as a Big Healey gets and even more than a similar Kurt Tanner car brought in Scottsdale three months ago. B-J Palm Beach has been good for Big Healeys.
1971 Oldsmobile 4-4-2 Convertible
Lot # 676 1971 Oldsmobile 4-4-2 Convertible; S/N 344671M188300; Matador Red/Pearl vinyl; White vinyl top; Recent restoration, 2+ condition; Hammered Sold at $91,000 plus commission of 10.00%; Final Price $100,100 – 455/340hp, 4-speed, Ram Air hood, P/S, P/B, A/C, 8-track, buckets and console, 3.23 limited slip, Hurst shifter, Super stock wheels, G70-15 Polyglas tires. Represented as matching numbers and way better than new. Fresh, clean, sharp restoration and better even than a new one detailed for the selling dealer's showroom. Flawless. This is huge money for a non-W30 4-4-2. Now, this is a spectacular 4-4-2, to be sure, with enough goodies to make any muscle car fan weak with envy, and 4-4-2s were thick on the ground in Palm Beach, but it is nothing if not curve-setting.
1969 Dodge Coronet Super Bee
Lot # 677 1969 Dodge Coronet Super Bee 2-Dr. Hardtop; S/N WM23M9A284056; Metallic Green, Matte Black hood/White vinyl; Older restoration, 2 condition; Hammered Sold at $74,000 plus commission of 10.00%; Final Price $81,400 – 440/390hp Six Pack, 4-speed, pushbutton radio, buckets, no console, steel wheels, no hubcaps, red line bias ply tires. An older restoration to like new with a fresh quality clearcoat repaint, excellent chrome and good interior. The Super Bee, with its striped tail, was never a stealthy muscle car, but its presence is enhanced by an order of magnitude by the F6 Green paint. It's a car Kermit could love. So could any muscle car collector, not only for the 440 Six Pack engine but also for its flawless restoration and recent cosmetics. It had both eye appeal and quality workmanship that backed up the premium price it brought.
1955 Chevrolet Bel Air Nomad Station Wagon
Lot # 685 1955 Chevrolet Bel Air Nomad Station Wagon; S/N VC55K091792; Engine # 0230811 F55FB; Regal Turquoise Blue, India Ivory roof/White, Blue vinyl; Older restoration, 2+ condition; Hammered Sold at $97,000 plus commission of 10.00%; Final Price $106,700 – 265/180hp 4-barrel, Powerglide, WonderBar radio, wheel covers, whitewalls, oil filter, windshield washer. 2001 AACA National First Prize (W14014) and 2003 Senior. Still essentially like new and show ready. Great paint, chrome and interior. Sold at B-J Scottsdale a year ago for $95,700 and not only pretty colors but also a beautiful restoration that has been consistently maintained and shows the quality of its workmanship and materials. It's a premium car and it brought a premium price.
1955 Chevrolet Corvette Roadster
Lot # 685.1 1955 Chevrolet Corvette Roadster; S/N VE55S001541; Engine # 0269237 F55FG; Polo White/Red vinyl; Beige cloth top; Older restoration, 3+ condition; Hammered Sold at $61,000 plus commission of 10.00%; Final Price $67,100 – Powerglide, chrome valve covers, WonderBar radio. No plug wire shields.84,758 miles. Good older paint, chrome and interior. Chassis is aged and oily. An old restoration that has had some recent cosmetic attention, but not enough to make it particularly attractive. The '55 is crucially important in Corvette history. Leftover 54's littered dealers' lots and Corvette's future looked grim, so grim that just 700 '55 Corvettes were built. The small block V-8, even with Powerglide, changed that. The next fifty-seven years of Corvettes owe their existence to the '55. The Palm Beach bidders missed a bet on this car, even in its mediocre condition, but the buyer took advantage of their oversight and scored a home run.
1965 Chevrolet Corvette Coupe
Lot # 686 1965 Chevrolet Corvette Coupe; S/N 194375S111131; Rallye Red/Black; Older restoration, 2 condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – 396/425hp, 4-speed, transistor ignition, teak steering wheel, AM-FM, side exhaust, alloy wheels, gold line tires, F41 suspension. Excellent paint, chrome and interior. Restored like new. Sold here four years ago for $117,700, but the Corvette market really hasn't stumbled this much in the intervening years. There was a boatload of good Corvettes on offer. This one got overlooked, despite its rare early Big Block V-8, to the new owner's advantage. It is a very good value at this price.
1963 Chevrolet Corvette FI Convertible
Lot # 687 1963 Chevrolet Corvette FI Convertible; S/N 30867S118455; Engine # 3118455 F0610RF; Ice Blue/Blue vinyl; White vinyl top; Older restoration, 2 condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – 327/360hp FI, 4-speed, AM-FM, spinner wheel covers, narrow whitewalls. Multiple NCRS Top Flight but no documentation for the drivetrain. Shows a little age but little or no use, like a pampered 3-month old car. Paint is sensitively done with original type luster. Nice car. The seller honestly and forthrightly announced there was no documentation of the correctness of the 327/360hp FI engine in this Corvette and the bidders reacted with favor, paying for the restoration, quality, awards and uncertainty with a surprisingly astute balance. This is a realistic price for a very good car, despite the uncertainty.
1957 Chevrolet Corvette Convertible
Lot # 690 1957 Chevrolet Corvette Convertible; S/N E57S106210; Silver, Silver coves/Red vinyl; Black vinyl top; Older restoration, 2+ condition; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – 283/270hp dual quads, 3-speed, cassette stereo, spinner wheelcovers, 215/75R15 blackwall radials. Very good older restoration to like new condition with very good cosmetics. Engine compartment shows some age but scant if any use. For a dual quad solid lifter '57 Corvette this is a decidedly modest price, but no one made any representation about the correctness of the drivetrain, an oversight (or honesty) that strikes fear in the hearts of Corvette buyers.
1970 Oldsmobile 4-4-2 Convertible
Lot # 691 1970 Oldsmobile 4-4-2 Convertible; S/N 344670M401200; Black/White vinyl; Blank vinyl top; Recent restoration, 2+ condition; Hammered Sold at $117,000 plus commission of 10.00%; Final Price $128,700 – Force Air 455, automatic, Hurst dual gate shifter, 8-track, Super Stock wheels, P/S, P/B, A/C, tilt steering column, narrow whitewalls, buckets and console. Gorgeous paint, interior, chrome and underhood detail. Better than new and represented as numbers matching. Freshly restored by Thornton Autoworks and better than flawless, the result here reflects both the 4-4-2 market and the obsessive quality of the restoration.
1970 Oldsmobile 4-4-2 Convertible
Lot # 691.1 1970 Oldsmobile 4-4-2 Convertible; S/N 344670E180400; Twilight Blue/Pearl vinyl; White vinyl top; Recent restoration, 2+ condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – 4-speed, buckets and console, AM-FM, Super Stock wheels, Wide Oval tires, P/S, P/B, A/C, W25 Force Air hood. Freshly restored and better than new with gorgeous, deep clearcoat paint and brilliant chrome. Impeccable. Represented as matching numbers from front to back. It's hard to choose between this Twilight Blue 4-4-2 convertible and the Ebony Black one, also from Thornton Autoworks, that preceded it across the block although the bidders gave the nod to the black automatic instead of this blue 4-speed. I think I'd have gone the other way, but my vote doesn't count since I didn't have a bidder paddle. Either way it is a fair price for this impeccable car.
1959 Porsche 356A Convertible D
Lot # 692.1 1959 Porsche 356A Convertible D, Body by Drauz; S/N 86820; Engine # P84589; Red/Tan; Tan cloth top; Older restoration, 3+ condition; Hammered Sold at $135,000 plus commission of 10.00%; Final Price $148,500 – Clock, Nardi woodrim steering wheel, chrome wheels, 165SR/5 Michelin XWX blackwalls, square weave carpets. Original color 5703 Meissen Blue. Good older paint, chrome and interior. Underbody is pretty dirty but will respond to some simple attention. Weber carbs. Clean engine compartment shows some age, paint flaking and probably new carburetors. Numbers matching engine. A very nice driver quality Convertible D. Sold with reserve. 356 Porsches went through a phase years ago when their owners decided the original 50's colors were passé and freely color changed. Today the pendulum has swung back the other way and this Convertible D would pop in its original Meissen Blue. At this price, though, the new owner has paid top dollar and the repaint it deserves is economically unjustifiable. It sure would be pretty, though.
1970 Ford Mustang Boss 302 Fastback
Lot # 695.2 1970 Ford Mustang Boss 302 Fastback; S/N 0F02G160678; Calypso Coral, Matte Black stripes/White vinyl; Recent restoration, 2+ condition; Hammered Sold at $101,818 plus commission of 10.00%; Final Price $112,000 – 302/300hp, 4-speed, P/B, Magnum wheels, Wide Oval tires, Hurst shifter, pushbutton radio, wing, highback Decor scats, no slats, shaker hood. Restored like new. Excellent clearcoat paint, interior and chrome. Fresh, clean and sharp. In January this Boss 302 brought $209,000 at Barrett-Jackson Scottsdale, a truly shocking price even in its shocking color. The result here is reasonable. The correct hammer bid should be $100,000 with a 12% Internet bidder commission.
1966 Shelby Mustang GT350 Fastback
Lot # 696 1966 Shelby Mustang GT350 Fastback; S/N SFM6S1759; Blue, White stripes/Black vinyl; Recent restoration, 2+ condition; Not sold – 289/306hp, 4-speed, 10-spoke alloy wheels, Radial T/A tires, pushbutton radio, dashtop tach. 64,008 miles from new. Restored like new with excellent clearcoat paint and chrome, good upholstery and carpets. Underbody undercoated like new.
1958 Cadillac Eldorado Brougham
Lot # 698 1958 Cadillac Eldorado Brougham 4-Dr. Hardtop; S/N 58P060521; Metallic Blue/Blue leather, cloth; Visually maintained, largely original, 3+ condition; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 – A/C, wheel covers, wide whitewall Deluxe Champion tires. An unusually sound and original Brougham with one flawed repaint and probably replaced upholstery cloth but original leather. Chassis, underbody and engine are clean, complete and original. Body is straight and sound, as are the bumpers. Most trim chrome is very good. I don't think I've ever encountered an Eldorado Brougham in such good, complete and sound original condition. The odometer shows 56,191 miles, almost certainly all it has covered in fifty-four years. It is a bargain at this price, but only if the new owner intends to keep it this way. A show quality restoration would cost a fortune, even on such a sound car.
1963 Chevrolet Corvette Coupe Custom
Lot # 700 1963 Chevrolet Corvette Coupe Custom; S/N 30837S111289; Black/Black; Customized restoration, 1 condition; Hammered Sold at $86,000 plus commission of 10.00%; Final Price $94,600 – An imaginative but totally impractical custom concept with mid-mounted twin turbo V-8, paddle shift transaxle and exaggerated body. The details are rendered to custom car show standards. Sold at Barrett-Jackson in Scottsdale last year for $170,500. This might be the Batmobile Bruce Wayne didn't drive, the body is so extravagantly shaped and exaggerated.
 1951 MG TD Roadster
Lot # 3810 1951 MG TD Roadster; S/N TD7545; BR Green/Black leather; Black cloth top and tonneau; Older restoration, 2+ condition; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 – Silver steel wheels, blackwall radial tries, Lucas fog lights, headlight and fog light stoneguards. Excellent paint, chrome. Restored better than new. Timed sale lot number at 7PM Friday. A $70 thousand TD? This price should have bought two TDs like this.
1957 Oldsmobile Super 88 J-2 Convertible
Lot # 6680 1957 Oldsmobile Super 88 J-2 Convertible; S/N 578W02556; Light Blue, White/White, Blue vinyl; White vinyl top; Older restoration, 2- condition; Hammered Sold at $66,000 plus commission of 10.00%; Final Price $72,600 – 371/300hp J-2 triple two-barrels, automatic, WonderBar radio, wheel covers, narrow whitewalls, P/S, P/B, pushbutton radio, skirts, padded dash, continental kit. Attractive older restoration with good paint, chrome and interior. Hood emblem shows grinder scratches under the new chrome. Passenger's door fit is uneven. Underbody is very neat and nearly like new. Timed sale lot number at 3PM Saturday. Sold at Barrett-Jackson Scottsdale in January for $84,700, the price here is much more reasonable, even taking into account the flaws in its restoration, all of them relatively easy to remedy. A convertible, it is a much better value than the other J-2 sold this weekend, a Holiday hardtop for $77,000. This is what a convertible should bring.

[Source: Rick Carey]

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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 .