Gooding and Company Scottsdale 2017 – Auction Report
OLYMPUS DIGITAL CAMERA
Gooding & Company, Fashion Square, Scottsdale, January 20-21, 2017
Pride of place at Gooding & Company’s Scottsdale auction in 2017 went to its two top-selling cars, the impressively original and well preserved ex-Wallace Bird Bugatti Type 35 and the impressively beautiful and sleek Ferrari 500 Superfast. At $3.3 and $2.915 million respectively they were the cream that rose to the top.
The sell-through was a respectable 84.1%. The sale total was the lowest since 2009 — in the wake of the financial crisis — and the reason was apparent in the modest presence of seven-figure cars on offer. While in 2016 there were fifteen cars with low estimates of $1 million or more and nine of them sold, in 2017 there were twelve, with seven sold.
Gooding proudly displayed one of the headline lots for Amelia Island, taking place a scant six weeks after Scottsdale, a Porsche 911 GT1 Strassenversion, and has announced that it also will offer a Jaguar XK SS (XKSS 716/XKD 575) there, two eight-figure cars. Either of them would have made a huge difference in the Scottsdale total. That neither of these were consigned to Scottsdale suggests that the makeup of the January Arizona audience is changing. In fact, none of the 2017 Scottsdale auctions had a car that was sold in eight-figures.
Is this, then, the new normal for Scottsdale? On the available evidence it would seem to be so as the available supply of high dollar consignments is spread over more, and bigger, auctions.
Even with that proviso, though, there was a tentful of wonderful, diverse, intriguing cars at Gooding & Company, including one, the ex-Dave Garroway SS100 that had special significance for me. Any one of them kept bidders’ eyes riveted on David Gooding and auctioneer Charlie Ross on the podium.
Here are the numbers:
[table id=174 /]
Andrew Newton contributed some of the on-site observations and photographs; final comments are the responsibility of the editor.
Gooding and Company Scottsdale 2017 – Auction Report
Lot # 8 1980 Ferrari 512 BB Berlinetta, Body by Pininfarina; S/N 30401; Red, Black sills/Black leather; Estimate $300,000 – $350,000; Visually maintained, largely original, 3+ condition; With Reserve; Post-block sale at $254,545 plus commission of 10.00%; Final Price $280,000 – Pioneer cassette, Borletti air conditioning, Cromodora wheels, Michelin XWX tires, power windows, full tool kit, jack and wheel wrench. – Sound largely original paint, good original interior with minor stretching of the driver’s seat. An impressively maintained largely original carbureted Berlinetta Boxer with a 2014 engine rebuild and some subsequent attention. – It should be a joy to drive, and isn’t too good that it can’t be enjoyed with confidence and pride. The post-block result is moderate and a sound value for the new owner.Lot # 10 1967 Lancia Flaminia Super Sport Coupe, Body by Zagato; S/N 826232002121; Engine # 8262002112; Newmarket Grey/Red leather; Estimate $275,000 – $325,000; Cosmetic restoration, 3 condition; With Reserve; Hammered Sold at $225,000 plus commission of 10.00%; Final Price $247,500 – Steel wheels with hubcaps and trim rings, floor shift, woodrim steering wheel. – Flawed repaint blistered and lifting in the body creases. Sound older upholstery and interior trim. Orderly chassis, underbody and engine compartment. A competent older cosmetic restoration to presentable touring condition that will soon need a repaint. – Sold by RM at Amelia Island in 2013 for $192,500 in essentially the same condition as it appeared here but with $100,000 in receipts for mechanical work since then. An attractive, usable lightweight Lancia bought at a fair price with little regard for the paint job it needs.Lot # 18 1955 Mercedes-Benz 300SL Gullwing; S/N 1980405500098; Engine # 1989805500077; Red/Red plaid; Estimate $900,000 – $1,100,000; Unrestored original, 4 condition; With Reserve; Hammered Sold at $1,325,000 plus commission of 10.00%; Final Price $1,457,500 – Blaupunkt multiband radio, underdash 8-track, hubcaps, curb feelers, hinged steering wheel, overhead aircraft style chronometer, rear view mirror with altimeter and thermometer. – Bought new (or nearly new) by Sig Nyquist, a marine engineer and pilot, and retained by him and his family ever since. Original paint crackling on the fender tops, deck lid, hood and roof. Torn and tattered original interior. Dirty original engine and chassis. Sound body. Needs a lot before it ventures out in public. – This is better than many 300SL barn finds recently unearthed but still needs much attention, not least to the torn upholstery and the engine which doesn’t run, before it can be used. It’s really a solid restoration candidate and when it is done and after the expenditure of six figure money and great effort it will be worth about what it brought here. It makes little sense, but dirt is what collectors want today.Lot # 20 1969 Ferrari 365 GTC Coupe, Body by Pininfarina; S/N 11989; Engine # 11989; Red/Black leather; Estimate $700,000 – $800,000; Visually maintained, largely original, 3- condition; With Reserve; Not sold at Hammer bid of $600,000 – Blaupunkt multiband radio, power windows. – New tires, paint and upholstery, Thin chrome window trim, good major chrome. Oily, road grimy chassis. Superficially detailed engine. An auction car. – A desirable car, but one that is seriously let down by its age and the lack of preparation for its presentation at the auction. It’s surprising it brought even this bid, which the seller should have given very careful consideration.Lot # 21 1965 Jaguar XKE SI 4.2 Roadster; S/N 1E11193; Engine # 7E4641-9; Red/Black leather; Black cloth top; Estimate $180,000 – $220,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000 – Chrome wire wheels, blackwall tires, CD stereo. – Restored like new at a cost of some $250,000 and still impeccable. – Sold by Gooding at Amelia Island fresh from restoration in 2012 for $123,750 and it is hard to justify $50,000 or so more for it today.Lot # 22 1925 Bugatti Type 35 Grand Prix; S/N 4487; Engine # 43; Blue/Black leather; Estimate $2,600,000 – $3,200,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000 – RHD. Alloy wheels, single sidemount, single aeroscreen. – Original everything right down to the body undertrays, one of the original series of ‘Lyon’ Type 35s. Bought new by Wallace Bird, acquired from the Bird estate in 1962 by Henry Austin Clark, Jr. (for $1,750) and by the present owner from Clark. Restored in 2004 with all due sympathy to its originality and as good as it gets. Includes the original fuel tank, leather gearbox cover, road equipment and the original ARCA dash plate. – It helps to have a guide and in this case it was Scott Sargent who has maintained this Bugatti as well as the Williamsons’ peerless collection. He could not have been more effusive in his praise for this Type 35’s originality and completeness as well as the care it has received in the hands of its three owners. It is a marvelous piece of history, but it runs and drives, by all available evidence, superbly, lightly and with alacrity. This is a record price for a Type 35 and it deserves to be.Lot # 24 1953 Fiat 1100 Cabriolet, Body by Allemano; S/N 019195; Engine # 019485; Metallic Blue/Red vinyl; Beige cloth top; Estimate $275,000 – $325,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $185,000 – Red tinted sun visors, body color wheels with hubcaps and trim rings, whitewall tires. – Paint, chrome and interior are done to very high standards. The underbody was done like new and now shows some miles. Displayed at Pebble Beach in 2016 – A rather strange design with back-slanted split grille and protuberant parking light nacelles at the front of the fenders with matching taillights at the rear, the condition is exceptional but the design has limited appeal. Sometimes ‘rare’ and ‘unusual’ don’t translate into ‘desirable’ and this Michelloti-designed Fiat embodies that problem.Lot # 25 1973 Porsche 911S 2.4 Coupe; S/N 9113301340; Engine # 6332043; Black/Black leather; Estimate $200,000 – $250,000; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $170,000 plus commission of 10.00%; Final Price $187,000 – Air conditioning, Blaupunkt AM-FM, sliding sunroof, power windows, polished, Fuchs wheels, Pirelli P6000 tires. – Indifferent quality repaint, occasionally scuffed bright trim. Good original upholstery. Orderly but not restored engine compartment; underbody has a recent squirt of undercoat. No evidence of any significant body filler but if it is there it will be uncovered when the present paint receives a needed redo. – This is a generous result for a mediocre 911S. The car has apparently lived a good life with regular care and attention to its needs, but this price should have bought one with a similar history in better condition.
Gooding and Company Scottsdale 2017 – Auction Report Page Two
Lot # 29 2004 Ferrari 360 Modena Spider, Body by Pininfarina; S/N ZFFYT53A540136806; Red/Beige leather; Estimate $130,000 – $150,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 – 6-speed, red calipers, CD changer, modular wheels, Bridgestone tires, SF shields. – Very clean, inside, outside and under. Driver’s seat has a little wear on the entry/exit side. Belt service ten months ago, but hardly even used. – The only Modena Spider in the Arizona auctions, a nearly pristine car bought for 430 Spider money.Lot # 30 1949 Maserati A6 1500 Coupe, Body by Pinin Farina; S/N 078; Engine # 078; Dark Blue/Burgundy leather, cloth; Estimate $600,000 – $700,000; Recent restoration, 2- condition; With Reserve; Not sold at Hammer bid of $460,000 – 1,488/65hp six, steel disc, alloy rim wheels, Michelin X tires, banjo spoke steering wheel, 5-speed gearbox (original 4-speed included.) – Very good paint and interior from a restoration completed in 2011. Some scuffed chrome. Underbody is largely like new and not overdone. Restored to be driven. – Attractive fastback coachwork but with an awkward rectangular grille that does nothing for the design, the restoration is competent but not exceptional and 65hp from the single carburetor engine doesn’t promise scintillating performance. The Gooding Scottsdale bidders showed appropriate restraint with this bid.Lot # 32 1973 Ferrari 246 GTS Dino Spider, Body by Pininfarina; S/N 05836; Rosso Rubino/Putty leather, Black bars; Estimate $325,000 – $425,000; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $270,000 – Blaupunkt cassette, Borletti air conditioning, headrest Daytona-style seats, Cromodora wheels, Michelin XWX tires, headlight covers, books and tools. – Very good repaint, decent chrome, tired and surface cracked original upholstery and interior trim. Original undercoat in wheel wells. A Dino that’s lived a good life. – Gooding’s pre-sale estimate appropriately reflects the originality but also the condition of this Dino. It might have gone to a new home at less than the estimate, but not this much less.Lot # 34 1936 Squire 1 1/2 Liter Tourer, Body by Ranalah; S/N 1501; Engine # 1074; Burgundy/Burgundy leather; Black cloth top; Estimate $1,500,000 – $2,000,000; Concours restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $1,050,000 – RHD. 1,496/110hp Anzani 4-cylinder, supercharger, single SU carburetor, Wilson pre-selector 4-speed, folding windshield. – Excellent paint, chrome and interior. Concours restored without going over the top. Long wheelbase tourer chassis, bought new by Val Zethrin who later bought the remains of Squire Car Manufacturing and assembled two additional Squires from spares. Somewhat modified during its life and competition career. Meticulously restored by the seller to its original condition. – Did you ever doodle exotic cars in the margins of your high school notebooks? Adrian Squire did and seven years later in 1931 set out to build it with backing from Gage Spicer. The car was introduced in 1934 with a dual overhead camshaft 1,496cc Anzani-built engine and supercharger, driving through an ENV Wilson pre-selector 4-speed gearbox and 15 1/2 inch magnesium drum hydraulic brakes. Squire commanded a top price of GBP 1,220 and anticipated McLaren by sending factory mechanics to service the cars. The coachwork is as beautiful as any SS Jaguar, but it missed its mark in Scottsdale and the seller wisely kept it at this modest bid.Lot # 35 1975 Porsche 911 Carrera 2.7 Coupe; S/N 9115400268; Engine # 6551305; Silver, Black Carrera/Black leather; Estimate $120,000 – $150,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – 2,687/165hp, 5-speed, black center Fuchs wheels, Pirelli tires, sliding sunroof, whale tail. – Good clearcoat repaint and original interior showing little wear. Sunroof seal is worn and squashed out at one corner. Underbody is original and road dirty. Clean, orderly engine compartment. A babied car, but used. – Porsche capitalized on the Carrera mystique in the 70’s by calling all their cars ‘Carrera’ even with only 165hp as in this case. It is sold at this price on the strength of the ‘Carrera’ flank graphics and would not have been a good buy at 2/3 this result.Lot # 36 1964 Maserati Mistral 3.5 Spider, Body by Frua; S/N AM109S033; Engine # AM109S033; Red, Red hardtop/Ochre leather; Estimate $600,000 – $700,000; Visually maintained, largely original, 3- condition; With Reserve; Not sold at Hammer bid of $470,000 – Carburetors, chrome spoke Borrani wire wheels, two tops, air conditioning, custom seats. – First owned by Hubertus Liebrecht, heir to the Boehringer Ingelheim drug company and originally Blue Sera. Erratically finished repaint with abundant flaws in preparation. Good interior and chrome. Clean underbody. Dented front edge of the passenger’s door. Not recently run and will need re-commissioning. – The Mistral Spider is one of Frua’s best, and the hardtop complements its design, but the long-stored and needing re-commissioning condition of this example left the bidders wondering about costs and appropriately suppressed their interest. The result is an object lesson: make it work, don’t ask bidders to speculate on what it will need.Lot # 39 1980 Ferrari 308 GTB Coupe, Body by Pininfarina; S/N 31319; Verde Medio metallic/Cream leather; Estimate $200,000 – $240,000; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $135,000 plus commission of 10.00%; Final Price $148,500 – Removable faceplate stereo, air conditioning, power windows, dry sump, 16 inch Pirelli P7 tires. – Very good repaint. Good upholstery with unusual longitudinal black strips. Underbody has old undercoat. An attractive driver quality cosmetic redo in a striking color. – Aside from the odd stripe pattern in the upholstery this is a sweet 308 in remarkably original and well maintained condition which earned it a little premium.Lot # 40 1950 Healey Silverstone E-Type Roadster; S/N E69; Red/Tan leather; Estimate $250,000 – $300,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $170,000 – RHD. Silver steel wheels, body color hubcaps, Dunlop Road Speed tires, cycle fenders. – E-type is a wider body with more room for fleshy Americans. Described as restored in 2002 with guidance from Donald Healey but appears to be freshly repainted with very good paint and chrome. Upholstery is lightly worn and creased appropriate to the 2002 restoration. Chassis shows some age and use but is still very good. Claimed to be the original chassis, body, gearbox and rear axle, with the Riley engine pointedly not mentioned. – Sold by RM here in Arizona in 2011 for $192,500. The result here at this hammer bid would have been close ($187,000) but that wasn’t enough for the seller.
Gooding and Company Scottsdale 2017 – Auction Report Page Three
Lot # 42 1988 Porsche 959 Komfort Coupe; S/N WP0ZZZ95ZJS900182; Silver/Wine Red, Grey leather; Estimate $1,100,000 – $1,300,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $990,000 plus commission of 10.00%; Final Price $1,089,000 – Removable faceplate stereo, air conditioning, power sport seats, documented with a Porsche CofA, DOT docs, owner’s manual, warranty book, tools, air compressor, wheel tools and original key. – Very good clearcoat paint and original interior. Clean, original underbody. An original car in condition appropriate to its 21,956 km with a 2013 engine rebuild. – Porsche’s 959 was a groundbreaking technology exercise with 450hp twin turbo power, refined all-wheel drive, adjustable ride height and sleek aerodynamics. Today’s sledgehammer Porsches like GT2s have, however, put it in the shade and made a 959 like this relatively (?) affordable at a million bucks. Arguably, there is no more sophisticated automobile from the late 80’s than the 959 and while this is what they’re worth today it is a more important car than its price relative to its peers indicates.Lot # 43 1965 Porsche 356 SC Cabriolet, Body by Reutter; S/N 161043; Engine # P812151; Champagne Yellow/Black leatherette; Black cloth top; Estimate $225,000 – $275,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $175,000 plus commission of 10.00%; Final Price $192,500 – 1,582/95hp, Blaupunkt radio, VDO clock, chrome wheels, Vredestein tires, Kardex copy and Porsche CofA documented, tool kit, owner’s manual, tonneau cover. – Good paint over a straight body aided by a fair amount of mud in the doors and rear fenders. Good chrome and lightly stretched upholstery. Older, dirty undercoat in the wheel wells. Replacement engine dating from 1964. One family owned from 1969 until 2013. – The SC is the ultimate 356 Porsche with 95hp and disc brakes. This result accurately reflects the respect that these refined 356 SCs command, a clean, orderly and only moderately filled example that combines desirable originality with good care and presentation.Lot # 46 1967 Ferrari 275 GTB/4 Berlinetta, Body by Pininfarina; S/N 10563; Pine Green metallic/Tan leather; Estimate $3,000,000 – $3,400,000; Cosmetic restoration, 3- condition; With Reserve; Not sold at Hammer bid of $2,400,000 – Chrome spoke Borrani wire wheels, Michelin XWX tires, Blaupunkt multiband radio. – Very good recent paint and interior but the chassis and underbody are original, old and grungy. A disappointing cosmetic redo of an otherwise honest 4-cam with an owners list as long as an arm. – The bidders were less impressed by the condition than by ownership that included Sherman Wolf and Dr. Ron Finger. Changing hands at anything close to the high bid would be a significant value.Lot # 47 1967 Chevrolet Corvette Coupe; S/N 194377S119257; Engine # 7119257 V0517H?; Sunfire Yellow/Black leather; Estimate $60,000 – $80,000; Cosmetic restoration, 3 condition; No Reserve; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 – 327/350hp, 4-speed, power brakes, power steering, air conditioning, Rally wheels with hubcaps and trim rings, narrow whitewalls, AM-FM. – Good paint, major chrome and interior. The engine, chassis and underbody are aged and unrestored. A driver quality cosmetic restoration of a Corvette with a desirable drivetrain and great equipment. The block number matches the chassis and engine’s configuration. – The hot money gravitates to Big Block Corvettes but the driver money coalesces around high output small block Vettes like this, particularly with A/C to keep the occupants’ heads cool when immersed in the performance, responsiveness and sound of this solid lifter 327/350hp V8’s engine and it was bought just right for what it is.Lot # 51 2011 Ferrari 599 SA Aperea Convertible, Body by Pininfarina; S/N ZFF72RHA5B0181885; Silver-Grey/Black leather, Red stitching; Black carbon fiber top; Estimate $1,200,000 – $1,400,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $1,350,000 plus commission of 10.00%; Final Price $1,485,000 – Red calipers, SF shields, F1 gearbox, climate control, Pirelli PZero tires, heated carbon fiber seats, navigation, carbon fiber roof panel and interior trim, parking sensors. – Like new with 2,500 miles among the three owners it’s had in six years. One of 80 built and Ferrari Classiche certified. – This result is about three times the original MSRP, expensive bragging rights for a vehicle that is already outdated by later Ferrari limited production specials. Nevertheless the result is appropriate to recent asking prices. The logic of paying for Ferrari Classiche certification of a production vehicle six years old is hard to grasp.Lot # 55 1975 Lancia Stratos HF Stradale Coupe; S/N 829AR0001948; Blue/Black cloth; Estimate $500,000 – $600,000; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $410,000 plus commission of 10.00%; Final Price $451,000 – Gold Campagnolo alloy wheels, Vredestein tires. – Sound recent repaint over old paint. Older interior, chassis and engine. Stone chipped nose. Cataloged as “a thorough cosmetic and mechanical restoration” it presents as a more superficial cosmetic redo, but an honest and carefully presented example. – After years in the shadows Lancia Stratoses have come to the fore with a large presence in collector car auctions and collectors’ awareness. With Dino power, extravagant design, legendary rally history and rarity it’s no surprise that they have eclipsed Dino 246 values. Want to be noticed? Drive up in a Stratos … and then try to be extricated from it. Their bright, candy colors don’t hurt. Half a million US$ is the median value recently, putting this Stratos firmly in the frame of value.Lot # 59 2004 Ferrari 360 Challenge Stradale Coupe, Body by Pininfarina; S/N ZFFDU57A440138116; Red, White stripe/Red cloth, Black Alcantara; Estimate $350,000 – $450,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $360,000 plus commission of 10.00%; Final Price $396,000 – Carbon brakes, red calipers, SF shields, radio delete. – 260 km, two owners and like new. – Sexy car; sexy price for originality.Lot # 62 1958 Porsche 356A Super Speedster, Body by Reutter; S/N 84274; Engine # P81478; Dark Blue, Primer/None; No top; Estimate $200,000 – $275,000; Unrestored original, 5+ condition; No Reserve; Hammered Sold at $310,000 plus commission of 10.00%; Final Price $341,000 – 1,582/75hp, rear bumper overrider, no front bumper. – Mostly there, in sad, battered condition but not rotten. Too far gone for anything but restoration. The left side is mostly in primer while the right is badly deteriorated old paint suggesting (along with the ripples) some serious old body damage. Dented and missing trim. The upholstery is mostly missing; what’s there is in tatters. Said to be the original numbers matching Super engine. – A day later Gooding sold a 1600 Normal Speedster with an unrestored original hardtop and a 40-year old repaint, sound and usable with matching numbers engine for exactly the same price while later today RM sold a ’57 356A Normal Speedster in better than new condition for $330,000. Considering that this rat will inhale six-figure money before it can be driven 15hp has never been more expensive. But, as Wayne Carini likes to say, ‘It’s all about the chase’, in this case it’s the dream of resurrecting a car that more reasonable folks would consider beyond the pale at $100,000.
Gooding and Company Scottsdale 2017 – Auction Report Page Four
Lot # 65 1959 AC Ace Bristol Roadster; S/N BEX1099; Engine # 100D2961; Red/Black leather; Estimate $275,000 – $325,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $220,000 plus commission of 10.00%; Final Price $242,000 – Woodrim steering wheel, Michelin XCA tires, aftermarket air filters, Grey painted wire wheels. – Worn original upholstery, orderly but aged underbody, chassis and engine. Good fresh repaint that is still curing. An honest driven car although the fresh paint begs the question what’s under it. – It’s unfair to call this Ace Bristol ‘nasty’, but it is tempting. It’s not original, it’s not restored, it’s only minimally maintained. The fresh paint still smells of chemicals. It’s presented to be seen well on the auction block and the price it brought suggests that’s how it was perceived by the bidders. It is just, but barely, as good as the money it brought.Lot # 107 1967 Porsche 912 Coupe; S/N 461628; Engine # 753979; Bahama Yellow/Black leatherette; Estimate $60,000 – $80,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $104,000 plus commission of 10.00%; Final Price $114,400 – Steel wheels, Vredestein Sprint Classic tires, roof rack, woodrim steering wheel, Blaupunkt AM/FM stereo. – Spotless freshly restored engine bay. Gorgeous fresh paint in the original color and shiny brightwork. Spotless fully redone interior. Nothing to pick on. A 912, but restored to 911 standards. – It was restored like a 911, but the Scottsdale bidders raised their paddles like it was a 911 as well. This is over-the-top for a 912, no matter how good it is.Lot # 110 2004 Ferrari 360 Challenge Stradale Coupe, Body by Pininfarina; S/N ZFFDU57A440139041; Red, White stripe/Black leather; Estimate $250,000 – $300,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $210,000 plus commission of 10.00%; Final Price $231,000 – Red stitching, SF shields, red calipers, carbon discs, carbon fiber interior trim and mirrors, CD stereo. – Three owners, 10,000 km and essentially new with only a little underbody road grime. No discernable upholstery wear. Clean, sharp engine compartment. – Talk about depreciation? This Challenge Stradale is 10K km from new and is $165,000 less than the 260km unit sold here. The condition is different, but how much different can it be to be worth $165,000 less?Lot # 115 1986 Ford RS200 Coupe, Body by Ghia; S/N SFACXXBJ2CGL00169; White/Red cloth; Estimate $275,000 – $350,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $215,000 plus commission of 10.00%; Final Price $236,500 – Speedline wheels, Falken tires, intercooler, Hella driving lights. – Recently serviced. Paint blisters at the bottom of the nose and some light cracks above the Ford badge. Crack behind the driver’s side door. Interior is like new. Looks factory fresh other than a handful of paint issues. Bought from Ford in 1994 and US imported at the time and US titled with two subsequent owners. One of 200 built. Showing 2,006 km. – The RS200 was arguably the ultimate expression of the wild and crazy designs to come out of Group B rallying in the 1980s. A couple of hotter RS200 Evolution models have sold in the neighborhood of half a million dollars, but the ‘regular’ models are certainly worth less. This one was hammered not sold by RM in New York two years and 60 km ago at a high bid of $325,000. Despite the growth of interest in 1980s performance cars since then, it sold here for way less. In terms of rarity and sheer break-neck performance, this is a good buy. My recently deceased buddy Bob Fleischmann, with whom I did some stupid car things years ago, had a Jones for the RS200, the antithesis of his other Jones, a GT500KR Convertible, and the Pantera we raced from NY to Redondo Beach in 1981. You’d like this one, Bob, and so do I.Lot # 116 1973 Porsche 911T Coupe; S/N 9113100811; Engine # 6131155; Gulf Blue/Black leatherette with Houndstooth cloth inserts; Estimate $150,000 – $180,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – Fuchs wheels, Pirelli P6000 tires, Carello fog lights, Blaupunkt AM/FM stereo, VDO dash clock. – Represented as matching numbers. Recent restoration. One owner from 1977 to 2011. Front bumper rub strip doesn’t fit straight. Excellent paint in a gorgeous color. Excellent freshly restored interior. Fresh restored underneath. An eye-catching car in great colors and fresh presentation. – Not sold at Mecum Monterey last year at a high bid of $135,000. The higher result here isn’t a sign of the 911 market growing again. The seller just got lucky enough to have the right people in the room who were willing to afford this very good car a very high price.Lot # 118 1958 Fiat 1200TV Trasformabile; S/N 517537; Engine # 103G105; Black/Black leather piped in White; Estimate $90,000 – $110,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $42,000 plus commission of 10.00%; Final Price $46,200 – 1,221/60hp, single Weber, 4-speed, spinner wheel covers, Silvertown whitewalls, swivel seats, black leather boot cover. – Original colors. 2016 restoration. Engine bay is spotless but not over-restored. Fresh and spotless underneath. Very good paint and chrome. Very good interior. Not overdone, just to like new and completed recently. Passed to the original owner’s nephew in 2012, and then restored. An amazing piece. – Really amazing. The restoration is claimed to have cost $60,000 and every dollar of it is apparent on the car, a restoration worthy of a Ferrari. The bidders didn’t seem to pay much attention to the quality of the car, only to its FIAT badge and got at the very least a bargain for quality.Lot # 120 1948 Chrysler Town & Country Convertible Coupe; S/N 7405725; Beige, Wood/Brown leather, Beige cloth; Estimate $120,000 – $140,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – Hub caps, whitewalls, dual mirrors, amber driving lights, single spotlight, black cloth boot cover, signal seeking radio. – Decent paint. Chips on the bottom left edge of the hood. Very clean, lightly restored underneath. Wood has seen better days. Restored interior. Original dash. Attractive, but reveals flaws up close. Restored in the 1990s and looks like it, although it’s still attractive. – It may be a CCCA Full Classic ™, but it’s an older restoration with obvious flaws and brought a reasonable price here for what it is.
Gooding and Company Scottsdale 2017 – Auction Report Page Five
Lot # 122 1976 Porsche 911S Coupe; S/N 9116200180; Engine # 6460090; Platinum Metallic/Tan vinyl with tweed inserts; Estimate $120,000 – $140,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500 – Signature Edition package, Pirelli tires, sunroof, Blaupunkt cassette stereo, air conditioning. – One of 200 ‘Signature Edition’ 911s built in 1976 with special paint, wheels, trim and interior color. Fully disassembled at some point. Excellent repaint and interior. Spotless wheels. Fresh engine bay. A ’76 911 isn’t really anything special, but this car’s condition plus the Special Edition package are the reasons why this car is here at this sale. – A solid addition to a big 911 collection, this car brought a huge price and the majority of it goes to the Special Edition package.Lot # 123 1957 Dual-Ghia Hemi Convertible; S/N DG154; Engine # D5003441; Blue/Brown leather; Dark Blue cloth top; Estimate $450,000 – $525,000; Older restoration, 1- condition; With Reserve; Not sold at Hammer bid of $420,000 – 315/260hp Dodge D500 engine, automatic, chrome wire wheels, Silvertown whitewalls, Powerflite automatic, floor shift, Town & Country radio, engine turned dash. – Passenger’s door doesn’t quite fit flush. Top is absolutely perfect. Plastic rear window is so clean and straight that it almost looks like glass. Excellent paint and chrome. Excellent interior with barely any butt time on the seats. Very light road wear underneath. Definitely a showable, gorgeous Dual Ghia that’s had some light enjoyment. – Sold by Gooding & Company at Pebble Beach in 2013 for $495,000 ($450,000 hammer) in essentially the same condition as it is today, the consignor could be understood for thinking it might be worth more, but it isn’t and this was a realistic offer for it.Lot # 126 1965 Ferrari 500 Superfast Coupe, Body by Pininfarina; S/N 5989; Engine # 5989; Ice Blue/Dark Red leather; Estimate $2,800,000 – $3,200,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $2,650,000 plus commission of 10.00%; Final Price $2,915,000 – Overdrive, chrome spoke Borrani wire wheels, Becker Mexico cassette stereo, fitted luggage, engine internal number 14/SA. – One of 28 lefthand drive 500 Superfasts built. Very good paint, chrome and inviting interior. Underbody and engine compartment are like new. Sharp, crisp gauges. Ferrari Classiche certified. – This is one of Ferrari’s and Pininfarina’s masterpieces. With 400hp and one of the most seductive bodies to leave Pininfarina’s drawing boards, it is fast, luxurious, comfortable and distinctive. Six years ago it sold at RM’s Arizona auction for $935,000 and now has just 89 more miles showing on its odometer. The result here is proof that the cream really does rise to the top, no matter what the name of the cow is.Lot # 128 1967 Jaguar XKE SI 4.2 Roadster; S/N 1E13578; Engine # 7E10410-9; Black/Black leather; Black cloth top; Estimate $250,000 – $300,000; Unrestored original, 3- condition; With Reserve; Hammered Sold at $230,000 plus commission of 10.00%; Final Price $253,000 – Chrome wire wheels, narrow whitewalls, AM-FM, grille guard. – Paint is old, chipped and buffed through. Top is worn through over the bows. Interior is sound. Chrome is thin. Known history from new with 3,988 miles all it has accumulated. Not dirty, nor neglected, this is a pristine, nearly completely original ’67 E-type. – Prior experience suggests this beautifully preserved E-type would have brought more if it had been covered in straw and bird droppings. The bidders weren’t fooled, however, and accorded it a superior price consistent with its preservation and presentation. It’s a paradigm for E-type restorers and deserves continued preservation, but also a few miles to enjoy it which won’t detract from its appeal or value. This is a huge price for a Series I 4.2 E-type, but it deserves it.Lot # 130 1954 Alfa Romeo 1900C SS Coupe, Body by Touring; S/N AR1900C01801; Engine # AR130800844; Silk Green/Grey, Beige leather; Estimate $400,000 – $500,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $325,000 plus commission of 10.00%; Final Price $357,500 – 1,975/115hp, dual Solexes, column shift 5-speed, Carello headlights, centerlock chrome wire wheels, Michelin X tires, Nardi woodrim steering wheel. – Restored in the late 1970s, but looks much newer than that. Really good paint other a small chip in the right A-pillar and big blisters on the left rear fender. Trunk lid doesn’t quite fit flush. Excellent interior other than some light wear in the driver’s seat. Clean restored underneath. Mostly gorgeous with a handful of issues. – This is a superior price for a 1900C SS, but it bought a superior example of the breed and is fully deserved for the condition, color and equipment.Lot # 133 1962 Morgan Plus 4 Drophead Coupe; S/N 5104; Black/Black leather; Black vinyl top; Estimate $40,000 – $50,000; Older restoration, 3 condition; No Reserve; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100 – Triumph TR4A engine, silver painted centerlock wire wheels, Vredestein Sprint Classic tires, dual wing mirrors, rear-mounted spare, wood dash and window trim. – One of 433 Plus 4 Dropheads. Paint and chrome are sound but older and a little tired. Small chip on the right front fender, lightly worn older weather stripping and upholstery. Top is fairly worn. Older restored underneath. The desirable equipment and body style is in driver condition. – A few dollars closer to Gooding’s low estimate wouldn’t have affected this charming and reassuring Morgan’s value. The buyer got a sound value at this price.Lot # 134 1967 Aston Martin DB6 Vantage Saloon; S/N DB62656L; Engine # 4002595V; Silver/Red leather; Estimate $450,000 – $525,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $435,000 plus commission of 10.00%; Final Price $478,500 – 3,995/325hp, triple Weber carbs, 5-speed, centerlock chrome wire wheels, BFG Advantage T/A tires, Marchal fog lights, dual mirrors, woodrim steering wheel, Hanhart dash chronometer, modern Becker AM/FM stereo, air conditioning, limited-slip. – Rare LHD Vantage-spec car. Originally finished in Pacific Blue over Black. Cosmetics done some time before 2003, then received an engine rebuild. Mechanically sorted in 2013. Several chips on the nose and at the front of the passenger’s side door. More chips at the front of the roof and around the edge of the windshield. Very small, shallow dent at the right edge of the trunk lid. Very good, lightly worn interior. Very tidy underneath. The car is very attractive other than lots of little paint flaws, but would make a gorgeous driver or event car. Never fully restored all at once, but it’s gotten all the work it ever really needed. – Look at the equipment list on this DB6, not to mention the Vantage engine. It’s an outstanding car with a benevolent history that should give the new owner confidence in its quality and conditionLot # 135 1971 Porsche 911E Targa; S/N 9111210785; Engine # 6211494; Albert Blue/Black leatherette; Black vinyl roof top; Estimate $175,000 – $225,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $155,000 plus commission of 10.00%; Final Price $170,500 – Fuchs wheels, Cinturato tires, Blaupunkt AM/FM stereo, VDO dash clock, Porsche CofA and owner’s log documented. – One owner until 2016. Represented as original paint. Lots of chips on the nose, but the finish is pretty good for original, just a bit tired. Ripples and small tears in the roof vinyl. Tidy, complete original engine bay. Very good, probably replacement upholstery. Clean and dry lightly worn underbody. Yes, it’s a little rough in a few spots, but for a car with 84,370 miles that’s reportedly never been restored, it looks great. – This was a big premium paid for originality. If the seller had taken the time, effort and money to give this car a thorough restoration, it probably would have brought much less here at auction.
Gooding and Company Scottsdale 2017 – Auction Report Page Six
Lot # 136 1932 Alfa Romeo 6C 1750 Series V Grand Sport Roadster, Body by Figoni; S/N 10814377; Engine # 10814377; Ivory, Black fenders/Brown leather; Black cloth top; Estimate $2,250,000 – $2,750,000; Recent restoration, 2- condition; With Reserve; Hammered Sold at $1,450,000 plus commission of 10.00%; Final Price $1,595,000 – RHD. Baily Klaxon headlights, Marchal spotlight, white wire wheels, Blockley tires, dual rear spares, folding windshield. – Attractive, compact Figoni coachwork with show quality paint, chrome upholstery and interior wood completed in 2015. Upholstery is lightly stretched and creased; engine is clean orderly; chassis is older than the paint and shows use. A quality restoration with fresh paint. – The [pre-Falaschi] coachwork on this car looked stilted in photos but superb in person and is nothing but a great value at this price.Lot # 138 1973 Ferrari 246 GTS Dino Spider, Body by Pininfarina; S/N 06106; Rosso Chiaro, Black roof/Tan leather; Estimate $325,000 – $375,000; Visually maintained, largely original, 3- condition; With Reserve; Not sold at Hammer bid of $270,000 – Campagnolo wheels, Michelin X tires, 8-track stereo, power windows, air conditioning. – Represented as a largely original two-owner car with 38,179 miles. There is a small dent right in front of the fuel filler door. Lots of scratches and cracks on the roof. Tons of chips on the nose. Two long scratches on the right front bumperette. Wheels are pretty beat up but not terrible. Seats are ok but each one has lots of popped seams with stuffing showing. Pretty rough, but it’s all there. – This is more old age than patina and the seller would have been wise to take the money if there was any.Lot # 140 1996 Porsche 911 GT2 Coupe; S/N WP0ZZZ99ZTS392139; Silver/Black leather with Gray inserts; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $950,000 – Speedline modular wheels, P Zero Rossi tires, factory digital stereo, power windows, VDO dash clock. – Clear bra on the nose and mirrors. Despite the 36,275 km, it looks like a new car inside and out. – Sold at Gooding’s Amelia Island sale in 2015 for $973,500 ($885,000 hammer). Considering that result and that RM sold another GT2 in London late last year for $2.4 million, holding out for more seems like a reasonable thing to do although GT2s are coming into the market in waves to catch the current fascination. Porsche fanatics may fixate on variances in history and equipment, but they are largely opaque to most of us.Lot # 141 1964 Pontiac LeMans GTO 2-Dr. Sedan; S/N 824M9010; Sunfire Red/Black vinyl; Estimate $75,000 – $100,000; Older restoration, 2 condition; No Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – 389/348hp, Tri-Power, 4-speed, Safe-T-Track rear axle, Cragar wheels, Firestone Wide Oval tires, drum brakes, woodrim steering wheel, pushbutton radio, titles, PHS documented. – Represented as matching numbers with its original Tri-Power 389. PHS documents. Restored. Excellent older paint and chrome. Factory gaps. Excellent interior. Very clean restored underbody. Done a while ago, but consistently used as a show car and kept up with accordingly. – Sold at Barrett-Jackson Scottsdale in 2008 for $79,200. Values of early LeMans GTOs haven’t kept up with their successors with Ram Air big blocks, but this is the origin, the genesis, of the American Muscle Car. Overlooked and dismissed in favor of Judges and even 4-4-2s, this is a great value that deserved more but was bought by an astute collector who appreciated value.Lot # 142 1972 Maserati Ghibli SS Coupe, Body by Ghia; S/N AM115492372; Engine # AM115492372; Oro Kelso/Black leather; Estimate $375,000 – $450,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $310,000 – Painted centerlock wire wheels, Pirelli tires, Ansa exhaust, woodrim steering wheel, power steering, headrest seats, air conditioning, power windows, later cassette stereo, Maserati Classiche documented. full tool roll, manuals. – Matching numbers. Lots of dirt under the lens for the license plate lamps. A few chips in the painted wheel spokes. Very good restored interior. U.S. delivery car. Very good paint in unusual but period (1970s) correct color. Lightly used underneath. An enjoyed older restoration. – This isn’t the best Ghibli SS around, but it is very good. That doesn’t mean it couldn’t have been sold at the reported high bid.Lot # 144 1938 SS Jaguar 100 3 1/2 Litre Roadster; S/N 39067; OE White/Brown alligator; Estimate $450,000 – $525,000; Unrestored original, 3 condition; With Reserve; Not sold at Hammer bid of $360,000 – RHD. Chrome wire wheels, Unity driving light, headlight stoneguards, Raydyot spotlights, louvered hood, six engine gauges, four trumpet air horn, dual Lucas taillights. – Bought by Dave Garroway, the first host of the ‘Today’ Show, in 1948. Garroway persuaded Jaguar to part with an XK 120 engine which he fitted with big H8 carbs, high performance cams and ported manifolds. Old repaint, chipped edges. Good chrome. Failing but still usable alligator upholstery. Clean but aged underbody. Recommissioned in 2010 by DK Engineering and comes with an appropriate 3.5 SS 100 engine. – A half-century ago my father bought a well-used XK 120 which he used to teach me to drive on the back roads of eastern Long Island. Jaguar mechanics were in short supply but a few miles away in Eastport there was a truck mechanic, David Hopping, who’d realized it was more lucrative to maintain the sports cars of the East End’s weekend visitors than farmers’ trucks. We took our Jag to Mr. Hopping and in the shop was Dave Garroway’s SS 100, resplendent in its alligator leather (which was, as I remember, crimson red at the time). Reunited with it here in Scottsdale took me back to 1958-9 and it’s safe to say that this SS100 is one very important reason why I do this today. What’s it worth? I’d pay all of the high bid and more for it, but the Gooding bidders weren’t – not unreasonably – convinced of its condition and what difference does Dave Garroway (or Walter Cronkite) make today? Provenance is lost when no one knows who those guys were.Lot # 146 1966 Ferrari 275 GTB Berlinetta Alloy, Body by Pininfarina; S/N 08117; Silver/Black leather; Estimate $2,900,000 – $3,200,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $2,500,000 – Centerlock alloy wheels, Michelin XWX tires, Carello halogen headlights, 6-carburetor intake added. – Excellent paint, chrome and interior. Engine compartment and underbody are restored like new. Ferrari Classiche certified. Described as having a number of miles since its most recent restoration, they are essentially invisible on the car. – One of four 275 GTBs offered in the Scottsdale auctions of which only two sold. The offer is surprisingly modest for an alloy bodied example.
Gooding and Company Scottsdale 2017 – Auction Report Page Seven
Lot # 149 1970 Porsche 914/6 Targa; S/N 9140430501; Engine # 6404293; Tangerine/Black vinyl with Houndstooth cloth inserts; Black roof top; Estimate $80,000 – $100,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000 – Dunlop tires, gold brightwork. – Porsche CoA. 2014 full restoration in original colors. Very good paint. Clean, lightly run engine bay. Excellent interior. Very clean underneath. Finish on the roof isn’t quite even. Done essentially to like new and recently enough that it’s not showing any age. Won first in class at PCA concours events. Showing 320 miles since restoration. – The final price here almost topped Gooding’s high estimate and almost $40,000 more than the yellow car over at Bonhams, although this one isn’t $40,000 better. This was a very successful trip to Arizona for the seller.Lot # 151 1959 MG A Twin Cam Coupe; S/N YD3617; Old English White/Black leather piped in White; Black top; Estimate $65,000 – $85,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $52,500 plus commission of 10.00%; Final Price $57,750 – Dunlop centerlock wheels, Michelin XZX tires, banjo steering wheel. – Original colors. Represented as an award-winning show car, but that was in the early 1990s. Grille does not fit straight. A few dings on the lips of the wheels. Very good paint. Lightly worn older upholstery. Very good older paint and chrome. Lightly used underneath. Mechanically sorted in 2014. Very pretty, but its show-winning days are behind it. – The MGA Twin-Cam was immediately dogged by problems like knocking and burning oil, which ruined the car’s reputation. Only a little over 2,000 were built. Problems have been mostly solved on restored cars, so Twin Cams are a lot more desirable now than they ever were new. This result was about right for a used show car restoration.Lot # 153 1974 Maserati Bora 4.9 Coupe; S/N AM11749764; Engine # AM1071149764; Gold/Tan leather; Estimate $180,000 – $220,000; Cosmetic restoration, 3- condition; No Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – Maserati Classiche documented, represented as matching numbers. – Sound paint and interior. Scuffed chrome and stainless roof. Painted assembled with minor masking oversights. The underbody is original and dirty. A superficial cosmetic restoration with a major service in 2016. – This far more car than the price is sold for. 50% more would have been no more than it deserved.Lot # 156 2005 Porsche Carrera GT Coupe; S/N WP0CA298X5L001466; Silver/Black leather; Estimate $650,000 – $750,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $565,000 plus commission of 10.00%; Final Price $621,500 – Yellow calipers, wood shift knob. – US market car. Like seemingly all Carrera GTs, it’s barely used and looks new. – A few high-dollar auction results in 2015 prompted quite a few Carrera GTs to come to the auction block, but most have them have come in at around $600,000, so this transaction is in line with other recent ones. It’s still more than the $448,000 MSRP.Lot # 157 1977 Toyota Land Cruiser FJ40V Hardtop 4×4; S/N FJ40248509; Engine # 2F17006; Freeborn Red, White roof/Grey vinyl; Estimate $80,000 – $100,000; Truck restoration, 2+ condition; No Reserve; Hammered Sold at $62,000 plus commission of 10.00%; Final Price $68,200 – Dual mirrors, rear-mounted spare, radio, roof rack with platform, OEM Land Cruiser suspension. – Represented with 39,374 original miles. Bought from the original owner in 2013 and restored. Spotless new engine bay. Like new underbody. Some orange peel and cracks on the roof. New, correct interior. Fully done body-off job, but not overrestored. Looks ready for safari. – ‘Not overdone’ is rarely applied to Land Cruiser FJ40s these day, but it fully applies here. The estimate range is ridiculous, and even the price this Land Cruiser brought is strong, but it is so well done and presented the Gooding bidders can be forgiven for abandoning objectivity.
Hi Rick, thanks for another great auction report. Did you drive the Cannonball in ’81? Whether you did or not, would love to hear more about driving a Pantera coast-to-coast.