Gooding and Company Scottsdale 2016 – Auction Report

Gooding and Company Scottsdale 2016 – Auction Report Page Three

1960 Mercedes-Benz 190SL Convertible
Lot # 60 1960 Mercedes-Benz 190SL Convertible; S/N ; Black, Ivory hardtop/Red leather; No top; Estimate $50,000 – $70,000; Unrestored original, 4 condition; No Reserve; Hammered Sold at $67,500 plus commission of 10.00%; Final Price $74,250 – Multiband radio, hardtop only. – Barn car. Bad old repaint, sound original upholstery. Bird poop stains on the hood and roof. Complete but scruffy underhood. Sound body. – The lady friend companion’s counterpart to the 300SL Roadster sold just before it, grunge brought a superior result for this 190SL and leaves the new owner with the difficult decision of deciding how much restoration is enough, without going all the way and ending up seriously underwater. 190SL values are off their recent peaks, which does not bode well for the buyer of this barn car.
1973 Porsche 911T Coupe
Lot # 101 1973 Porsche 911T Coupe; S/N 9113100333; Tangerine/Black leatherette; Estimate $90,000 – $110,000; Cosmetic restoration, 2 condition; With Reserve; Hammered Sold at $72,500 plus commission of 10.00%; Final Price $79,750 – Fuchs wheels, Pirelli tires, Bosch fuel injection, 5-speed, black painted front vents, Blaupunkt AM/FM radio. – Final year long hood 911. Excellent paint and interior. Restored underneath. Straightforward, fresh high quality 911 cosmetic restoration done in 2013 that mainly refreshed the cosmetics, but the car is very clean underneath as well. – This was strong money for a strong car, even if it was under Gooding’s low estimate, representative of the generalized performance of the boat load of 911s in the Scottsdale auctions this year.
1967 Sunbeam Tiger Mk IA Convertible
Lot # 105 1967 Sunbeam Tiger Mk IA Convertible; S/N B382002093LRXFE; Dark Blue/Black vinyl; Black vinyl top; Estimate $150,000 – $180,000; Cosmetic restoration, 2- condition; No Reserve; Hammered Sold at $135,000 plus commission of 10.00%; Final Price $148,500 – AM radio, steel wheels, hubcaps, trim rings, Michelin tires. – Excellent paint, chrome and interior. Underbody has old undercoat and hasn’t been done. Clean, orderly engine, represented as original to this chassis. – Sold by Worldwide in Auburn in 2012 for $58,000 in sound, preserved cosmetically maintained condition, then at Auctions America’s Auburn Fall two years later for $68,750. After a cosmetic restoration by Classic Showcase it sold for $137,500 at RM’s Amelia Island auction in 2015 and was bid to a reported $102,500 at Russo and Steele in Monterey last August. The seller should be entirely satisfied with its result here.
1969 Lotus Elan S4 Drophead Coupe
Lot # 107 1969 Lotus Elan S4 Drophead Coupe; S/N 459764; Engine # G21402; Yellow/Black vinyl; Black top; Estimate $70,000 – $90,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 – 1558/115hp, 4-speed, dual Stromberg carbs, alloy wheels, Vredestein Sprint tires, wood dash, leather-wrapped steering wheel, larger radiator and alternator, console. – Owned by the same person for 43 years, then restored during 2014-15, largely by Brian Buckland. The original chassis was reinforced in several spots as on the 26R race cars, then powder-coated. Gaps are perfect and better than new. Excellent interior. Fantastic new top. Very good paint. Like new but not overly detailed engine bay. Comes with all the receipts from four decades of ownership. Better than new and one of the best restored Elans out there. – It takes commitment to stand tall and keep raising the bidding paddle in order to own the very best. That’s what happened in this case. In the end the new owner got a car that can be realistically described as one of the best in the world, with legendary handling and near-supercar performance. It cost dearly, but what other way is there to spend this much (or maybe better, ‘this little’?) to get so much performance in such magnificent condition? [Aside from buying a pristine Mazda Miata, that is.] It is an expensive car, but every dollar is fully supported by condition, rarity, performance, handling and the Lotus legend.
1976 Ferrari 308 GTB Coupe (fiberglass), Body by Scaglietti
Lot # 112 1976 Ferrari 308 GTB Coupe (fiberglass), Body by Scaglietti; S/N 19681; Red/Tan, Black stripes; Estimate $300,000 – $350,000; Cosmetic restoration, 2- condition; With Reserve; Hammered Sold at $325,000 plus commission of 10.00%; Final Price $357,500 – Borletti air conditioning, Phillips cassette stereo. Ferrari Classiche certified. – Restored in Italy in 2014, sound repaint and lightly stretched upholstery. Repainted window frame trim. Old undercoat in the wheelwells starting to chip and peel. Clean orderly engine and compartment. Cosmetically restored to attractive standards. – The reasoning behind the price paid for this fiberglass 308 GTB is, apparently, that steel 308 GTBs are bringing $100,000 and vetroresina 308 GTBs are three times the value of a steel one. For that to compute, however, the concept of a $100K 308 GTB has to be accepted as, in this case, it seems to have been.
1966 Toyota FJ40 Land Cruiser Soft Top 4x4
Lot # 115 1966 Toyota FJ40 Land Cruiser Soft Top 4×4; S/N FJ4041897; Red/Black leatherette; Black leatherette top; Estimate $90,000 – $130,000; Older restoration, 2+ condition; No Reserve; Hammered Sold at $62,500 plus commission of 10.00%; Final Price $68,750 – Polished alloy Eagle wheels, 33×9.50R15 BFG tires, folding windshield, center-facing rear seats. – A 7,096 mile Land Cruiser freshly done to an impressive standard everywhere. Better than new underhood. Great paint and grey painted grille and bumpers. Meticulously detailed interior and engine compartment. – This Land Cruiser has 265 more miles on its odometer today than it did three years ago when RM sold it from the Don Davis collection for $88,000, one of the first record results for a meticulously restored FJ40. It’s still gorgeous and the fact it brought less money is less related to its presentation than it is to the ample supply of restored Land Cruisers coming to market. Supply seems to have met, and perhaps overwhelmed, demand.
1947 Ford Super Deluxe Sportsman Convertible
Lot # 116 1947 Ford Super Deluxe Sportsman Convertible; S/N 799A2011953; Dark Blue/Dark Red leather; Black cloth top; Estimate $250,000 – $300,000; Older restoration, 1 condition; With Reserve; Hammered Sold at $236,364 plus commission of 10.00%; Final Price $260,000 – Radio, heater, P/W, P/top, hubcaps, trim rings, wide whitewalls, dual remote spotlights, fog lights, grille guard. – Excellent paint, chrome, interior and glass. Wood is flawless and looks new. Car is better than new everywhere. One owner from 1951-2004 and impeccable. – Not as fresh as it was when it brought a curve-setting $302,100 at Mecum’s Monterey auction five years ago in 2011, but even with 1,251 more miles on the odometer it is still a concours quality ride.