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Bonhams Greenwich 2016 – Auction Report

OLYMPUS DIGITAL CAMERA Richard S Carey
OLYMPUS DIGITAL CAMERA

Bonhams, Greenwich Concours d’Elegance, Greenwich, Connecticut, June 5, 2016

Despite a new and attractive setup at Roger Sherman Baldwin Park on Greenwich harbor and a sudden rain squall that drove concours spectators into Bonhams tent [resulting in a rash of catalog sales, the price of refuge from the elements] the Greenwich Concours d’Elegance crowd proved a tough one for auctioneer Rupert Banner.

This was Bonhams ninth year at Greenwich and the Wennerstrom family re-organized the concours layout to better utilize the harbor-front vistas and provide more and better space for a growing cadre of vendors, exhibitors and the Bonhams auction.Greenwich is one of the most wealthy communities in the world (despite the state of Connecticut’s determination to balance the state’s overblown budget from the pockets of its most successful residents which is causing a corporate exodus including the headquarters of General Electric) and the exhibitors reflected the considerable disposable income of its setting.

So did the Bonhams bidders’ tent, but they kept their hands largely in their pockets. The headline lots mostly went home with their consignors. Six lots had bids in excess of the highest successful transaction, leaving high bids on the table for a total of $7,320,000 on those six lots alone. Had either of the two highest bids been accepted the sale total would have been Bonhams’ best ever at this event, but it was not to be.

The overall numbers are quite good in sell-through and median transaction, aided by a sizable consignment of cars without reserve. It’s only at the top of the market where caution is moving to the fore, a situation that’s not peculiar to Greenwich or to Bonhams but is being seen across the board in the auction market.

Here are the numbers:

[table id=157 /]

Most photos are by the editor but he had his head someplace where it was hard to see part of the time and one of the photos are catalog photography courtesy of Bonhams.

Bonhams Greenwich 2016 – Auction Report

1955 MG TF 1500 Roadster
Lot # 3 1955 MG TF 1500 Roadster; S/N HDA466538; Engine # XPEG638; Black/Green leather; Faded cloth top; Estimate $15,000 – $25,000; Unrestored original, 4 condition; No Reserve; Hammered Sold at $12,500 plus commission of 10.00%; Final Price $13,750 – Silver painted wire wheels, Michelin XZX tires, fog lights. – A solid, sound California black plate barn find with too many issues and too much rodent poo to list in detail except to observe: wear rubber gloves and use a respirator while cleaning it up. – A project car bought for project car money.
1957 Jaguar XK 150SE Roadster
Lot # 5A 1957 Jaguar XK 150SE Roadster; S/N S831179; Engine # V2447-8; OE White/Red leather; Black vinyl top; Estimate $40,000 – $60,000; Unrestored original, 4- condition; No Reserve; Hammered Sold at $35,000 plus commission of 10.00%; Final Price $38,500 – Replacement engine, 5-speed gearbox, body color wire wheels, fender mirrors. – Rough, neglected bam find with too many issues to describe. Rotten right sill and door bottom with bubbling filler. – This will be an expensive project not to be undertaken by the faint of heart, light of pocketbook or easily discouraged but at least the price leaves some reasonable headroom to take care of the most egregious issues. It will, however, always be the wrong engine.
1963 Jaguar XKE SI Roadster;
Lot # 9 1963 Jaguar XKE SI Roadster; S/N 87997; Engine # RA3247-9; Primrose Yellow/Burgundy leather; Beige cloth top; Estimate $150,000 – $175,000; Modified restoration, 2- condition; With Reserve; Not sold at Hammer bid of $120,000 – Chrome wire wheels, red line Coker tires, Blaupunkt multiband radio, aluminum radiator, electric fan, 4-piston front calipers (originals included.) – Represented as matching numbers engine, later synchro gearbox, documented with JDHT certificate. Good paint, chrome and interior. Underbody painted over dirt and old undercoat. Engine polished up and reasonably done engine compartment and suspension. Top boot area is superficially fixed up. A decent, usable cosmetic restoration to good standards. – Although all the things done to this E-type are tasteful, sensible and reversible, and add significantly to its reliability, safety and enjoyability as a driver, they don’t add to its collector car value and the seller shouldn’t expect to recover the cost over and above that of a similarly good restored-as-new E-type. The reported high bid is reasonable.
1989 Ferrari F40 Coupe
Lot # 10 1989 Ferrari F40 Coupe; S/N ZFFGJ34B0000080727; Red/Red cloth; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $950,000 – Euro-spec without cats, adjustable suspension, 6-point Sabelt belts, rollup windows. – 8,929km. Engine compartment is aged and shows more use than the odometer. Seats are very good. Recently serviced and fuel tank bladders replaced. Reported to have had damage repaired in Italy and can’t be registered in California. – Despite looking bright and fresh the aura of unspecified repairs suffused this F40 to the detriment of bidding interest. It is hard enough to move a car when it has identified damage and identifies the repair shop; finding someone bold enough to commit seven figures to a car with ill-defined damage is almost impossible.
1975 Alfa Romeo Giulia GTA Jr. Stradale Sprint, Body by Bertone
Lot # 21 1975 Alfa Romeo Giulia GTA Jr. Stradale Sprint, Body by Bertone; S/N AR776131; Engine # AR0055905377; Hawthorn White, Green accent/Black vinyl; Estimate $150,000 – $200,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 – Aftermarket woodrim steering wheel, Campagnolo alloy wheels, 4.55:1 limited slip. – The last GTA delivered by Alfa, an original GTA with a decent older repaint and all the right GTA Junior stuff. Street registered when new, little used and displayed in Japan for years. – It was wonderful to look under the hood of this GTA with an expert and go through all the ‘right stuff’ on it. It’s just a truly neat, well preserved, correct car. The price it brought is, if anything, reasonable for its rarity, performance and preservation. It could have brought more and the premium would be understandable.
1982 Maserati Quattroporte 4-Dr. Sedan
Lot # 23 1982 Maserati Quattroporte 4-Dr. Sedan; S/N ZAMBC1104CA301840; Engine # 10418; Silver/Cognac leather; Estimate $35,000 – $45,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000 – Blaupunkt cassette stereo, air conditioning, power windows alloy wheels, Michelin blackwall tires. – One owner, 18,550 miles and in exceptional original condition. Owned since new and displayed at Ron Tonkin’s Gran Turismo Ferrari in Portland, Oregon. Comes with the original MSO, a clean Carfax, books, tools and jack. – This is as close to brand, spanking new as any QP III in the world and easily the best one I have ever seen. While scruffy, neglected examples are (and deserve to be) worth under $10,000 the new owner will never find one so good, pampered and nearly pristine. The price is all the money, but this is all the Q-porte you’ll ever find.
1989 Lamborghini Countach Anniversary Coupe
Lot # 24 1989 Lamborghini Countach Anniversary Coupe; S/N ZA9CA05A9K1A12699; Red/Black leather; Estimate $300,000 – $375,000; Visually maintained, largely original, 2- condition; With Reserve; Not sold at Hammer bid of $260,000 – Alpine stereo, phone dial modular wheels, Pirelli PZero tires, Euro bumpers, wing delete. – Good repaint with some masking flaws. Good original interior, underbody and glass. A current CarFax is not consistent with one issued in 2013. – The CarFax inconsistency may have affected the Greenwich bidders, with good and sufficient reason, similar to the F40 with referenced but unspecified damage and repair in Italy offered earlier today.
1954 Swallow Doretti Roadster
Lot # 28 1954 Swallow Doretti Roadster; S/N 1007; Engine # TS9376E; White/Grey leather; Black cloth top; Estimate $70,000 – $90,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $68,000 plus commission of 10.00%; Final Price $74,800 – Triumph TR2 drivetrain, Roots style belt driven supercharger, single big SU carb, full weather equipment, chrome wire wheels, fender mirrors, windwings, woodrim steering wheel. – One of only 276 built of which 80 or so survive, known history since 1974. A little Austin Healey-ish in profile or from the rear, but with a large egg crate grille. Very good paint, chrome and interior. Clean, sharp engine compartment and fresh, clean underbody. Restored like new and very appealing. – This is a generous price for a TR2, but also a sharp, fresh restoration and a recognized, but rare and attractive, small run marque that brought a highly respectable price.
1958 Jaguar XK 150S 3.4 Roadster
Lot # 29 1958 Jaguar XK 150S 3.4 Roadster; S/N T8315750DN; Engine # 1636-9; BRGreen/Brown leather; Black cloth top; Estimate $125,000 – $150,000; Cosmetic restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $115,000 – 3.8 liter engine block, 4-speed, overdrive, chrome wire wheels, blackwall radial tires, fender mirrors, Lucas driving light and fog light. – Good paint with some fisheyes and three chips on the left side of the hood. Very good upholstery, lightly stretched, and soiled carpets. Underbody has been repainted assembled then driven appropriate to the 2,235 miles on the odometer. – While this Jag should be great fun to drive, but with its later engine and presentable but not exceptional cosmetic restoration the reported high bid should have seen it move on.

Bonhams Greenwich 2016 – Auction Report Page Two

1937 Mercedes-Benz 540K Sport Cabriolet A, Body by Sindelfingen
Lot # 31 1937 Mercedes-Benz 540K Sport Cabriolet A, Body by Sindelfingen; S/N 154146; Engine # 154146; Maroon/Beige leather; Brown cloth top; Concours restoration, 1 condition; With Reserve; Not sold at Hammer bid of $2,800,000 – Chrome wire wheels, body color accented knockoffs, blackwall Michelin tires, dual spotlights with mirrors, outside exhaust headpipes, Bosch headlights and single fog light, dual rear spares set into the deck, white steering wheel and shift knob, mother-of-pearl gauge panel, opening windshield, fitted luggage. – Restored recently and shown at Pebble Beach in 2014, one of only about ten with this setback radiator style Sport Cabriolet A body. Excellent paint, chrome, interior, top, gauges and engine. A concours restoration with no evidence of age or use. – Offered by RM in Arizona in 2015 with a reported high bid of $3.1 million. It is 10% lower here, not unrealistically in the present market.
1924 Templar 4-45 Touring
Lot # 33 1924 Templar 4-45 Touring; S/N 6706; Engine # 3375; Green, Black fenders/Black leather; Black vinyl top; Estimate $45,000 – $60,000; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $42,000 – Overhead valve 1,971cc inline four, 4-speed, white centerlock wire wheels, blackwall Goodrich tires, chrome drum headlights, spotlight, rear mounted spare, Warner speedometer, clock. – Good recent paint, chrome, interior and clock. Chassis is older and shows tour miles. Runs impeccably. A CCCA Full Classic ™. – Reported sold at Bonhams Amelia Island auction in2015 for $60,500. It will probably never see such a lofty valuation again, and would be a sound value in a rarely seen marque with unusual technical features at anything close to the reported high bid.
1935 Riley 9hp Imp Roadster
Lot # 35 1935 Riley 9hp Imp Roadster; S/N 6027683; Engine # 47252; Red/Red leather; Black cloth top; Estimate $125,000 – $175,000; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $128,000 plus commission of 10.00%; Final Price $140,800 – RHD. Pre-selector 4-speed, body color wire wheels, Dunlop blackwall tires, inset rear mounted spare, 4-spoke leather covered steering wheel, folding windshield, dual aeroscreens, Lucas tri-bar headlights, radiator stoneguard. – Good older paint, chrome and upholstery. Some cracking on the rear deck. Door hinges are chipped, cockpit surround leather is worn, with a few scrapes. Seat cushions are lightly surface cracked. Orderly engine compartment shows age and use. Known history from new. A quality older cosmetic restoration with more than a few miles on it. – Easily one of the most attractive little sports cars ever built, with sweeping fenders, a raked grille and rear-mounted spare, like a shrunken SS100 Jaguar. This example’s thoroughly documented history make it especially appealing, as does the fact it looks good without ever undergone a restoration. All those things add up to make this a reasonable price for a delightful car in line with other if infrequent 9hp Imp transactions.
2005 Ford GT Coupe
Lot # 39 2005 Ford GT Coupe; S/N 1FAFP90S85Y401323; Engine # 5Y401323; Red, White stripes/Black leather; Estimate $290,000 – $320,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $260,000 – Lightweight wheels, grey calipers, McIntosh CD stereo, battery tender, owner’s manual, unused factory car cover, original window sticker. – 113 miles from new, one owner, like it came from the factory. – Ford GTs have been on a roll with collectors, turning over at two to three times their price when new, but they are now showing up at pretty much every auction with delivery miles only and beginning to be almost uninspiringly familiar. Prices are off their $300K peak of a year ago and the reported high bid here is not unrealistic under the circumstances. The consignor chose to wait, which is not always a wise thing when a little differentiated model like the Ford GT is in ample supply. There have been no fewer than 13 at auction since January, not including Heritage Editions.
1977 Toyota FJ40 Land Cruiser Utility
Lot # 41 1977 Toyota FJ40 Land Cruiser Utility; S/N FJ40234574; Mustard Yellow/Black leatherette; Beige vinyl top; Estimate $65,000 – $85,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $54,000 plus commission of 10.00%; Final Price $59,400 – Grey steel wheels, Aisin front hubs, Yokohama blackwalls, heater, center facing rear seats, rear mounted spare, canvas Conestoga wagon bed cover, Old Man Emu springs and shocks. – Freshly restored to like new with excellent paint and details. – This is one of the better FJs seen recently, with careful attention to details and a thorough and professional restoration. That it brought $11,000 under the reasonable low estimate is a measure of how many of these there are in the market today. The buyer got a good value in the current market.
1986 Ferrari Testarossa Coupe
Lot # 43 1986 Ferrari Testarossa Coupe; S/N ZFF2A17A3G0063017; Engine # 00269; Red/Tan leather; Estimate $170,000 – $200,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $158,000 plus commission of 10.00%; Final Price $173,800 – Single mirror, air conditioning, Clifford alarm, standard size tires, not TRXs, books, tools, jack, keys, owner’s pouch. – Very good original paint and interior. Underbody is clean, original and appropriate to the 3,755 miles, and reported to have had a recent engine out belt and water pump service. A U.S. delivery model with a clean Carfax. – Somehow the connection with a Clifford alarm is, ‘Why protect your car from a Big Red Dog?’ Oh well. This is an attractive, original, well maintained, freshly serviced Testarossa with minimal miles but all the indicia of careful long term ownership that meant it never has fallen into neglect. On that basis, and the recent strength of Testarossa in the market, this is a sound value in a popular model.
1966 Sunbeam Tiger Mk1A Convertible
Lot # 44 1966 Sunbeam Tiger Mk1A Convertible; S/N B382000607LRXFE; Engine # 5199-F21KA; Black/Red; Black vinyl top; Estimate $125,000 – $150,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – 289/256hp installed but the original 260 comes with it. Black center 4-spoke alloy wheels, “Tires Plus” blackwall radial tires, LAT intake, aluminum valve covers, cast iron headers and fiberglass hood with scoop. – Very good but thick paint, excellent interior and instrument panel wood. Clean, sharp engine compartment. A fresh, thorough restoration to showroom condition, – Bid to $105,000 on the block, closed later with this all-in result, a good value for a Tiger trailing the exalted values of Cobras.
1966 Shelby Mustang GT350 Fastback
Lot # 47 1966 Shelby Mustang GT350 Fastback; S/N SFM6S2235; Sapphire Blue, White stripes/Blue cloth; Estimate $100,000 – $130,000; Modified for competition during restoration 2+ condition; With Reserve; Not sold at Hammer bid of $70,000 – 289/450hp, 4-speed, Hurst shifter, Cobra race seats, electronic rally instruments, Torque Thrust style wheels, 5-point belts, Plexiglas side windows, Toyo R888 tires, braced rollbar, grille mounted driving lights, R nose and rear window, fire system, includes a spare 305 engine. – Extensively modified in 1997 for the London-Sydney Rally, impeccably built with pristine cosmetics but dusty engine compartment and underbody. A serious, professionally built car showing no appreciable use. – For anyone wanting to go really fast and in impeccable style from, say, Paris to Beijing, this is the hot ticket. For someone who wants a show quality GT350 it’s the wrong thing, and therein lies the rub. It is far from stock and the bid here is appropriate to a GT350 clone built to the same standards, or a real GT350 like this that needs extensive, expensive work to return it to SAAC perfection.

Bonhams Greenwich 2016 – Auction Report Page Three

1951 Allard P1 Competition 2-Dr. Sedan, Body by Abbott of Farnham
Lot # 49 1951 Allard P1 Competition 2-Dr. Sedan, Body by Abbott of Farnham; S/N 91P1996; Red/Parchment vinyl; Estimate $50,000 – $60,000; Older restoration, 3 condition; With Reserve; Hammered Sold at $41,500 plus commission of 10.00%; Final Price $45,650 – RHD. Factory installed Mercury V-8 with Edelbrock heads, Edmunds dual carb intake, alternator, Beehive oil filter, solid front axle, 4-spoke woodrim steering wheel, S-W electronic tachometer, column shift, Lucas fog lights, body color steel wheels, hubcaps, Michelin tires. – Odometer first digit obscured. Old paint over even older paint. Edges chipped, left door window has a half inch gap at the top. Orderly but aged underhood and under the car. A Taylor-Constantine event car. – From the firewall back the alloy body of this Allard looks like a scaled-up Crosley, although it has room enough for a family and reportedly goes respectably with the hopped up Mercury engine. It’s a veteran of many events and rare in the U.S. although with a higher profile and perhaps worth more in the U.K. It’s a sound value at this price.
1967 Chevrolet Corvette Coupe
Lot # 50 1967 Chevrolet Corvette Coupe; S/N 194377S106706; Engine # T1014IL7106706; Black, White stinger/Saddle vinyl; Estimate $85,000 – $95,000; Older restoration, 2 condition; With Reserve; Hammered Sold at $72,000 plus commission of 10.00%; Final Price $79,200 – 427/390hp, 4-speed, Rally wheels with hubcaps and trim rings, narrow whitewalls, AM-FM, side exhausts. – Very good paint, chrome and interior. Engine paint is too bright and too good but the rest of the engine compartment is fresh and orderly. Underbody is like new. A desirably equipped Vette with a quality older restoration holding up very well. – This Corvette would not have been expensive had it brought a successful hammer bid within the pre-sale estimate and at this price is a very good value.
1968 Porsche 911S Targa Soft window
Lot # 51 1968 Porsche 911S Targa Soft window; S/N 11850368; Engine # 4081247 ;, /; Estimate $180,000 – $200,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $134,545 plus commission of 10.00%; Final Price $148,000 – Dual triple-throat Webers, MSD ignition, Fuchs wheels, Michelin XZX tires, soft plastic rear window, gold brightwork, woodrim steering wheel, radio delete. – Lightly scratched window glass. Paint coming off the roof panel frame. Dull front vent chrome and bumper plastic. Very clean, straight and clear rear window. Rear bumper rub strip is coming loose on the driver’s side. Very good interior with original unrestored gauges. Very clean, lightly used engine bay. A solid older restoration, probably best used on vintage driving events and casual cruises. A European spec soft window Targa that was fully restored and is now starting to show its age. – Bid to $145,000 on the block, closed later with this all-in result. It was sold only five months ago at RM Sotheby’s Arizona auction for $137,500 all-in when it was in essentially the same condition as it was presented here. This was a short term flip with little to show except liquidity and a chance to get out while the getting was good.
2005 Ferrari 575M Superamerica Convertible
Lot # 54 2005 Ferrari 575M Superamerica Convertible; S/N ZFFGT61A750144847; Red/Beige leather; Estimate $700,000 – $900,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $550,000 – 6-speed, SF shields, red calipers, complete with books, tools and original paperwork. – Chip guarded nose. Paint is very good, interior shows barely any wear. Underbody shows it has been driven and has some road dirt, but very little. A very well kept 11,781 mile car. – The distinguishing feature of this Superamerica – other than the power retracting roof with adjustable transparency electrochromic glass that is something of a technical marvel – is the six-speed, one of only 43 so equipped out of the 559 built. Its technical attributes and rarity, however, seem to have been lost on the Greenwich bidders who came up way short on this bid. Bonhams sold another one (s/n 145743) in London in December of last year (six months ago) for $923,969.
1998 Ferrari F355 GTS Targa
Lot # 55 1998 Ferrari F355 GTS Targa; S/N ZFFXR42ABW0110208; Red/Tan leather; Estimate $90,000 – $115,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500 – 18 inch 5-spoke alloy wheels, 6-speed, Bridgestone tires, CD changer stereo, clean Carfax, books and tools. – Assembly #27234. Chipguarded nose. Very good original paint and lightly worn interior. Clean, barely used underbody and engine. 21,395 miles, recent engine-out belt/water pump service. – This is a reassuringly presented Ferrari with a number of prior owners who seem to have been intent on keeping it in good health. The price it brought reflects both its benign history and the now highly desirable 6-speed manual gearbox.
1964 Jaguar XKE SI Roadster
Lot # 56 1964 Jaguar XKE SI Roadster; S/N 880359; Engine # RA3366-9; Silver-Grey metallic/Red vinyl; Faded Black cloth top; Estimate $90,000 – $120,000; Visually maintained, largely original, 4+ condition; With Reserve; Hammered Sold at $94,000 plus commission of 10.00%; Final Price $103,400 – Chrome wire wheels, Michelin tires with red lines, no radio. – Freshly painted over old paint and a wavy body. Upholstery dyed garish bright red. Bumpers rechromed over waves. The rest is original and very dirty and tired. One owner from new until recently, stored since 1990 and mechanically recommissioned before sale. – The repaint and dyed interior are cosmetic lipstick on an otherwise aged, dirty and neglected C-type that probably would have brought more if it had been left alone. Restored it could be a $200,000 car, but it needs to be completely disassembled, redone in minute detail and carefully reassembled before it reaches that level of perfection and the new owner takes the risk that the E-type market might not hold up as long as it takes to get it done.
1957 Bill Frick Special GT Coupe, Body by Vignale
Lot # 57 1957 Bill Frick Special GT Coupe, Body by Vignale; S/N FCG1003; Engine # 1003; Red, Black roof/Grey leather, Black piping; Estimate $180,000 – $220,000; Visually maintained, largely original, 3- condition; With Reserve; Not sold at Hammer bid of $130,000 – 331/270hp dual quad Cadillac, 4-speed, black vinyl full length folding sunroof, chrome wire wheels, Dunlop blackwall radial tires, Ford heater controls, 4-speed, Nardi woodrim steering wheel, split bench seat, Town & Country radio, electronic ignition, alternator. – Built by Bill Frick on a modified Studebaker chassis with dual quad Cadillac V8 power and T10 4-speed, one of only three Bill Frick Special GTs built. Four private owners from new. Other than a fair repaint this is a sound original car with flat panels and shiny chrome. The probably original interior is in sound and attractive condition for its age. – The exterior design is, typically of Vignale’s output of the period, a bit busy, particularly in the rear, but carries the bulk needed to enclose the big Cadillac V-8 and a spacious passenger compartment with some grace. In 1957 the $9,000 price was stiff and it’s no surprise only three found homes. Few enough people remember now who Bill Frick was or what he accomplished and this nearly unique product of his skill and imagination is off most people’s radar. It is surprising, though, that it didn’t find a new home in the sophisticated setting of Greenwich.
1983 Ferrari 308 GTBi QV Coupe
Lot # 64 1983 Ferrari 308 GTBi QV Coupe; S/N ZFFMA12A6D0041797; Engine # 00068; Red/Tan leather; Estimate $80,000 – $115,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $67,500 plus commission of 10.00%; Final Price $74,250 – Built in radar detector, alarm, air conditioning, Alpine cassette stereo, 5-spoke alloy wheels with TRX tires. – Very good repaint and interior barely scuffed on the driver’s seatback bolster. Clean, bright black trim. New paint in wheel wells. Engine out serviced last winter. A very good well maintained example. – This is an realistic price for a sound and usable 308 GTBi QV but it could have brought another $10-15,000 without being unduly expensive.
1962 Maserati 3500 GTi Coupe, Body by Touring
Lot # 66 1962 Maserati 3500 GTi Coupe, Body by Touring; S/N 1011978; Engine # 1011978; Silver Grey/Black leather; Estimate $175,000 – $200,000; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $152,500 plus commission of 10.00%; Final Price $167,750 3,485cc six/235hp, Lucas fuel injection, 5-speed, steel wheels, hubcaps, black plastic rim Personal steering wheel. – Failing old repaint peeling at edges and crazing on the rear deck. Good trim chrome with scratches on the rear fender spears. Chassis and underbody are clean and unrestored. Sound probably original interior, clear gauges. A sound driver but in need of paint soon. – With Ferrari 250 GT Pinin Farina coupes well into middle six-figures a quality, if aged, Maserati is an appealing alternative offering attractive styling, comfortable appointments and ample performance, especially at a price like this.

Bonhams Greenwich 2016 – Auction Report Page Four

1915 Ford Model T Runabout
Lot # 73 1915 Ford Model T Runabout; S/N 714840; Engine # 714840; Black/Black; Black leatherette top; Estimate $25,000 – $30,000; Older restoration, 2 condition; No Reserve; Hammered Sold at $17,000 plus commission of 10.00%; Final Price $18,700 – Hassler ‘Shock Absorber’ anti-shimmy springs, electric headlights, E&J Ford script sidelights and taillight, electric stoplight, dual left side spares, Black wood spoke wheels. – Very good paint, brass, interior and top. Better than new without being overdone. – This is a choice example of a brass T, done to high standards and then maintained. Back in 2003 it was sold at Auburn Fall for $12,826 and it is still a good buy today at this price.
1932 DeSoto SC Deluxe Convertible Coupe
Lot # 76 1932 DeSoto SC Deluxe Convertible Coupe; S/N SC20504; Yellow, Brown fenders and accent/Brown vinyl; Tan cloth, Brown binding top; Estimate $45,000 – $55,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $34,000 plus commission of 10.00%; Final Price $37,400 – Rumble seat, Philco underdash radio, Yellow wire wheels, whitewall tires, rear-mounted spare, Twilite headlights, chrome horns, opening windshield heater, dual vacuum windshield wipers, Silver Dome head. – Very good older paint, chrome, upholstery and top. Good dash and gauges. Peeling frame paint. A quality old restoration holding up very well. Engine has some leakage and corrosion but is surprisingly good for its age. 1984 La Cercle Concours plaque from LA. – Sold at RM’s Meadow Brook auction in 2005 for $22,000, this is an unusually attractive car from the Thirties, particularly its rounded Miller-style radiator shell. The restoration has aged well and even the dated colors still look good – and very sporting – on it. It is a quality car at a respectable price.
1950 Crosley Hot Shot Roadster
Lot # 80 1950 Crosley Hot Shot Roadster; S/N WN5400193351; Red/Tan vinyl; Estimate $20,000 – $25,000; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $11,000 plus commission of 10.00%; Final Price $12,100 – No doors, rear-mounted spare, dual carbs, top bows. – As nicely done as any Crosley deserves to be. Good paint, upholstery and top. Good chrome except the headlight bezels. Tidy restored engine. Chassis redone assembled, but at least redone thoroughly. – ‘Simple’ barely describes the Crosley Hot Shot, but in this case simplicity is the formula for some success and exceptional performance. Tuners talked of 70+hp in a highly stressed single overhead camshaft Hot Shot engine. This one is warmed up with twin carbs and competently presented in decent cosmetically restored condition. It sold at Mecum’s Monterey auction in 2010 for $16,430, at Barrett-Jackson Scottsdale in 2011 for $25,300 and at Mecum Kansas City in 2011 for an inexplicable $31,800. The result here is much more than a return to normalcy, it is a great value.
1956 Volkswagen Glitterbug Sports Pickup
Lot # 82 1956 Volkswagen Glitterbug Sports Pickup; S/N 1094280; Orange Metalflake/Black Suedette; Estimate $15,000 – $20,000; Unrestored original, 4+ condition; No Reserve; Hammered Sold at $4,750 plus commission of 10.00%; Final Price $5,225 – Chrome rollbar, chrome headlights, nerf bars, chrome bed side rails, Keystone five spoke alloy wheels, F70-14 Firestone gold line tires. – Good body with good gelcoat color. Rusting headlights. Stiff, nasty upholstery. Oily, grimy suspension and engine. An original but tired Bug that looks like it was assembled on a nasty, dirty VW pan. – The nasty condition underneath is not to deny the appeal of this limited production, utilitarian dune buggy built with meaningful storage space in the bed (if compromised by the engine’s fan shroud) for off-road weekend adventures. The repulsive seats are easily replaced by something both more conducive to skin contact and more supportive and the chassis will respond well to an hour or so with a pressure washer. At this price it is nothing but a bargain.
1967 Volkswagen Type 2 Double Cab Pickup
Lot # 89 1967 Volkswagen Type 2 Double Cab Pickup; S/N 267072890; Light Blue, Cream/Cream vinyl; White canvas top; Estimate $35,000 – $45,000; Enthusiast restoration, 3+ condition; No Reserve; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100 – Cassette stereo, blackwall Kumho tires on cream wheels with painted hubcaps, bumper and overriders, canvas covered wagon bed cover, Safari windshield, dual outside mirrors, painted wood bed sides. – Good older repaint, interior and bed cover. Underbody has a fresh coat of sealer. Painted assembled with some masking oversights. Orderly unrestored engine compartment with peeling original paint and a clean but not showy engine. A usable cosmetic restoration of a rare vehicle. – Rarity is the distinguishing characteristic of this double cab pickup and it has been appreciated enough throughout its life to get cosmetic and mechanical attention as it needed it. It would be hard to call it a restored vehicle in the sense of a modern nut-and-bolt job, but it is good enough to be used and enjoyed. At barely more than a third the value of a restored multi-window Microbus it will bring even more attention and interest and represents good value for money.
2007 Lotus Elise Type 72D Coupe
Lot # 91 2007 Lotus Elise Type 72D Coupe; S/N SCCPC11157HL33064; Engine # 0182674; Black, Gold accent/Black leather, Yellow Alcantara inserts; Estimate $35,000 – $45,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $40,000 plus commission of 10.00%; Final Price $44,000 – Gold alloy wheels, Yokohama tires, Alpine stereo, T-tops, air conditioning, Sports Pack and Touring Pack. – #36 of 50 built, nearly like new, stored most of its life and with some 2,200 miles from new. – The bidders spoke, but it seems like a lot of performance for the money even though its 190hp needs Lotus’s famed lightness to reach its potential.
1961 Rolls-Royce Silver Cloud II Drophead Coupe Adaptation, Body by Mulliner Park Ward
Lot # 93 1961 Rolls-Royce Silver Cloud II Drophead Coupe Adaptation, Body by Mulliner Park Ward; S/N LSXC170; Engine # P1986; Metallic Dark Blue/Parchment leather; Black cloth top; Estimate $300,000 – $400,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $240,909 plus commission of 10.00%; Final Price $265,000 – Automatic, Alpine CD stereo lair conditioning, wheel covers, narrow whitewalls, Lucas fog lamps, badge bar. – Good older paint, lightly worn interior, bright chrome. Good top, but the Adaptation top installation is remarkably crude and the welting at the top’s body joint is loose. The underbody was quickly redone and there are no inner panels in the front wheel wells. Engine compartment is very good, clean and nearly like new. The interior wood is very good. A quality, attractive car with a few shortcomings. – Closed post-block with this all-in result. This is a highly desirable model that still exudes quality and prestige. It needs some attention in many places however, and the bidders rightly declined to go higher.
1966 Shelby Mustang GT350 Fastback
Lot # 95 1966 Shelby Mustang GT350 Fastback; S/N SFM6S163; Engine # 5R09K242448; Wimbledon White/Black vinyl; Estimate $80,000 – $120,000; Unrestored original, 4- condition; No Reserve; Hammered Sold at $145,000 plus commission of 10.00%; Final Price $159,500 – Black steel wheels, Hurst shifter, woodgrain steering wheel, headrests, comes with five Cragar Shelby wheels, some unused NOS body parts and a 4-inch file of receipts and documentation. – A 1966 ‘carryover’ Mustang built on a ’65 platform with ’66 visual features. Used by Harr and Natick Ford as a demonstrator, then sold to Fran Grayson who drove it regularly for years until he stored it in 1976. And that’s the way it is today. Peeling dull paint, rotten lower right side, peeling chrome. Floor pans are said to be good except for the right rear passenger’s footwell. – Hidden away for years until two months before the auction and not running, leaving it up to the new owner to decide just what to do with this barn find. The price suggests it will be most prized as a Preservation display piece, but even at this price a straightforward restoration remains theoretically possible without tempting financial disaster. The new owner acquired no small measure of bragging rights with the car and should feel comfortable with the price paid.
1967 Ferrari 275 GTB/4 Coupe, Body by Pininfarina-Scaglietti
Lot # 101 1967 Ferrari 275 GTB/4 Coupe, Body by Pininfarina-Scaglietti; S/N 10413; Engine # 10413; Pino Verde/Black leather; Estimate $2,900,000 – $3,200,000; Older restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $2,500,000 – Alloy centerlock wheels, Michelin XWX tires. – Three owners from new, the present one from the 1970s. Restored like new with scant evidence of any use or age after being driven on the street in and around NYC for several years. – Swine get swilled, hogs get slaughtered. If there was money at the reported high bid this may have been the time to accept it rather than holding out for the last possible dollar.
1962 Lancia Aurelia B20GT Series II Coupe, Body by Pinin Farina
Lot # 104 1962 Lancia Aurelia B20GT Series II Coupe, Body by Pinin Farina; S/N B202065; Engine # 2141; Red, Beige roof/Black vinyl, Brown cord inserts; Estimate $100,000 – $130,000; Competition car, original as-raced, 3- condition; With Reserve; Hammered Sold at $110,000 plus commission of 10.00%; Final Price $121,000 – RHD. VDO accessory tach, sliding Plexiglas side windows, roll cage, later woodrim steering wheel, fuel cell, 4-point belts, black alloy wheels, Pirelli CN36 tires. – A race car, with a 20+ year old paint job but otherwise original, if worked on over the years. Last raced ten or so years ago, recently mechanically serviced by a specialist. A racer’s vintage race car. – Capable of startling performance from only 2 liters, this Aurelia B20GT would be worth more if it were less seriously prepared but to the right buyer it is a real value, and the price it brought suggests the right buyer was here.

[Source: Rick Carey]