Gooding & Company Pebble Beach 2010 – Auction Report

Gooding & Company Pebble Beach 2010 – Auction Report Page Two

1943 Mercedes-Benz 770 K W150 Limousine Pullman, Body by Sindelfingen
Lot # 032 1943 Mercedes-Benz 770 K W150 Limousine Pullman, Body by Sindelfingen; S/N 1500060030; Engine # 1500050030; Black/Black leather, Blue-Grey cloth; Estimate $1,500,000 - $2,000,000; Cosmetic restoration, 2- condition; Not sold at a Hammer bid of $1,100,000 -- Dual enclosed sidemounts, fender skirts, disc wheels, blackwall tires, Bosch head and fog lights. Lavishly equipped and trimmed with opulent leather, cloth and wood. The last 770K built, first delivered to the German embassy in Ankara, Turkey as a gift to the President of Turkey. Eventually sold by the Turkish government in 1967, eventually to Manfredo Lippman and the Imperial Palace. Cosmetically restored some years ago and no longer fresh with some wear to thresholds, and a few blemishes in the paint and brightwork. Still, an impressive Grosser Mercedes and one of few with an unblemished past. Largely unmolested and with a long history of caring, informed ownership, this is a highly desirable example of what Mercedes-Benz could accomplish even in the middle of World War II and is largely free of nasty Nazi tarnish. The reported high bid is a reasonable one for its history and condition, but apparently not sufficient to pry it from the hands of its present owner in Germany.
1969 Lola T70 Mk IIIb Coupe
Lot # 033 1969 Lola T70 Mk IIIb Coupe; S/N SL7655; Red, Blue stripes/Black; Estimate $650,000 - $850,000; Competition restoration, 3+ condition; Hammered Sold at $450,000 plus commission of 10.00%; Final Price $495,000 -- RHD. Webers, BBS gold center 2-piece wheels. Loads of California area historic meeting tech stickers since 1996. Not fresh but very presentable and will be race-ready with reasonable effort. Bought new from Lola in 1980 by Ted Gildred, the last of five post-production T70 Mk IIIbs built, and used only for historic racing. 650hp Chevy. Spare transaxle, gears and other parts go with it. Having no early racing history makes the record of this T70 absolutely clear, it just does nothing for its historic significance. The Pebble Beach bidders made an informed and rational choice between history and condition and the new owner got an exceptional vintage race car for an intelligent price.
1958 Ferrari 250GT LWB TDF
Lot # 036 1958 Ferrari 250 GT TdF Berlinetta, Body by Scaglietti; S/N 0903GT; Engine # 0903GT; Red, Dark Blue stripe/Dark Red leather, Blue piping; Estimate $2,600,000 - $3,200,000; Older restoration, 3+ condition; Not sold at a Hammer bid of $2,400,000 -- Painted Borrani wire wheels, fog light and driving light in grille, hood scoop, single sail vent, outside filler, no bumpers. One significant race, Rheims 12 hours in 1958, but a dnf driven by Sture Nottrop. Later through a number of Swedish owners before being stripped for restoration around 1970, completed in 2007. Good paint and interior. Weak chrome. Good fits. Chassis was restored like new and now shows some use. Bill Harrah's 0925GT was worth $2.8 million in Monaco two months ago and if there was money at this level there it should have been enough to turn the bid into a sale. This is more than close enough for a TdF with a history the catalog worked hard to pump up. Bonhams tried to sell it at Gstaad in 2008 with an optimistic low estimate of $3.6 million. The estimate here is much more realistic, as is the reported high bid.
1936 Packard 1407 Twelve Dual Cowl Phaeton, Body by Dietrich
Lot # 037 1936 Packard 1407 Twelve Dual Cowl Phaeton, Body by Dietrich; S/N 921204; Engine # 904489; Yellow/Dark brown; Estimate $600,000 - $700,000; Older restoration, 2- condition; Hammered Sold at $540,000 plus commission of 10.00%; Final Price $594,000 -- Chrome wire wheels, whitewalls, dual windshields, wind wings, dual outside mirrors. Originally ordered without sidemounts or steering wheel horn button and luggage rack emblems. An older concours restoration by two different owners. Chrome excellent, paint chipped in places and other minor blemishes. The lack of sidemounts signal a coming trend that would see them disappear soon after the war and complement the classic Dietrich design of this, the last year for Packard's Dual Cowl Phaeton. The price is reasonable for this car's attractive design and rarity while also recognizing the flaws in its older restoration.
1955 Maserati A6G/54 Berlinetta, Body by Zagato
Lot # 039 1955 Maserati A6G/54 Berlinetta, Body by Zagato; S/N 2105; Engine # 2105; Black, White mouth and roof stripe/Black vinyl; Estimate $1,400,000 - $1,800,000; Recent restoration, 2 condition; Hammered Sold at $1,450,000 plus commission of 10.00%; Final Price $1,595,000 -- Chrome spoke Borranis, Condor radio, Marchal headlights. 1955 Turin Motor Show display car. Freshly restored in Italy in its original livery with the engine rebuilt by Pail Grist. Excellent paint, chrome and interior. Restored like new and impeccable. Sold by Bonhams in London in 2001 for $392,627 as an incomplete restoration, then completed under Adolfo Orsi's supervision. It was exceptionally expensive in 2001 and today is more than three times the $467,500 that RM got for another A6G 2000 Zagato, s/n 2189, here in 2003. It is a beautiful automobile and a high quality restoration, but it is nothing if not expensive.
1957 Packard Clipper Country Sedan Station Wagon
Lot # 041 1957 Packard Clipper Country Sedan Station Wagon; S/N 57L3011; Ivory, Lilac/Lilac vinyl, Black, White cloth; Estimate $60,000 - $80,000; Concours restoration, 1 condition; Hammered Sold at $52,500 plus commission of 10.00%; Final Price $57,750 -- Automatic, WonderBar radio, wheel covers, whitewalls, roof rack, dual rear antennas. Excellent paint, chrome and interior. Show quality restoration aside from the door fits which could be more even. Restored in 2002, formerly in 57 Heaven in Branson, MO and still visually stunning. No Reserve. This is, without a doubt, a benchmark for this model's value, a pristine and exceptionally attractive example that needs nothing to be a star wherever it appears. There are many other cars that could be bought for similar money in similar condition but few that will attract this Packard's (Studebaker's) attention and admiration. It is a sound value at this price.
1931 Bentley 8 Litre Sportsman's Coupe, Body by after Gurney Nutting
Lot # 042 1931 Bentley 8 Litre Sportsman's Coupe, Body by after Gurney Nutting; S/N VA4090 (YM5043); Engine # YM5043; Maroon, red pinstripe/Maroon leather; Estimate $700,000 - $900,000; Concours restoration, 1- condition; Not sold at a Hammer bid of $650,000 -- RHD. Dual side-mounted spares, dash clock, body color wheel discs, blackwall tires, driving light. A gorgeous re-creation of the lost 1930 Olympia Motor Show car based on 4-litre frame rails from VA4090), three carburetors, alternator, D-type 4 1/2 Litre gearbox, Speed Six rear axle, power steering. Various chassis parts stamped with the original YM5043 8-Litre chassis number. Beautifully done and magnificently detailed. But, a bitsa, in the finest tradition of assembling famous but lost Bentleys. The real 8-Litre Sportsman's Coupe, if it survived, would be worth a fortune and its attractive design is more than handsome enough to warrant re-creation. The standard of workmanship is impeccable. The reported bid could not have been more than a nudge (or a negotiation) away from being successful.
1956 Stanguellini 1100 Bialbero Sport Roadster
Lot # 043 1956 Stanguellini 1100 Bialbero Sport Roadster, Body by Campana; S/N CS01120; Red/Red leather; Estimate $250,000 - $325,000; Competition restoration, 2+ condition; Hammered Sold at $200,000 plus commission of 10.00%; Final Price $220,000 -- Lefthand drive, black paperclip rollbar, 1959 OSCA-Fiat 1500S engine, grey painted Borrani wire wheels, full width windscreen. Very cute, with covered headlights, front fender vents and taillights integrated in the rear fender fins. Raced by Carl Kiekhaefer (Mercury Marine) at Sebring in 1958, 4th in class and 21st overall with subsequent SCCA history, then vintage raced from 1983-1990. Subsequently restored and reportedly very original and complete. Comes with a large documentation file and believed to be the only one of its type and body style to survive. Original Stanguellini engine exists but not with the car. Good paint, better upholstery. Restored better than new. No Reserve. One of a kind, with a credible racing history including Sebring which will add to its desirability at shows and in the best historic racing events. The presentation is stellar: clean, sharp and sensitive to reproducing its original appearance. It is impossible to argue with the bidders determination of its value, although without the Sebring history it wouldn't bring nearly this much.
1934 Rolls-Royce Phantom II Continental 3-pos. Drophead Coupe, Body by Gurney Nutting
Lot # 044 1934 Rolls-Royce Phantom II Continental 3-pos. Drophead Coupe, Body by Gurney Nutting; S/N 117RY; Engine # RV65; Grey/Dark brown leather; Brown cloth top; Estimate $450,000 - $550,000; Older restoration, 3 condition; Hammered Sold at $480,000 plus commission of 10.00%; Final Price $528,000 -- RHD. Lucas head and fender lights, center-mounted fog light, dual horns, polished wheel discs, rear-mounted spare. Close-coupled 4-passenger coachwork with a huge separate trunk set between the rear fenders and hood side louvers extending into the cowl. Very nice older restoration coming undone. Stress cracks in the paint and chrome wearing. Interior and top are still exceptional. Stately, imposing and deftly combining a sporting look with the elegance of the 3-position top. Long ownership history and a quality, but now ageing, restoration, this is an ideal Rolls-Royce for all sorts of events and tours. The Pebble Beach bidders recognized its quality and adaptability with a result that is fair to both the buyer and the seller.
1959 Ferrari 250 GT LWB California Spider Competizione
Lot # 046 1959 Ferrari 250 GT LWB California Spider Competizione, Body by Pinin Farina; S/N 1603GT; Engine # 1603GT; Silver/Black leather; Estimate -; Older restoration, 2 condition; Hammered Sold at $6,600,000 plus commission of 10.00%; Final Price $7,260,000 -- Chrome spoke Borranis, central rear outside filler cap, right door number light, no bumpers, alloy body, covered headlights. The first disc brake California Spider, raced at Nassau and at Sebring 1960 finishing 5th overall. Motion Products restoration in the late 80's. Still excellent paint, chrome and interior. Chassis restored like new. Vinyl graphics. Ferrari Classiche certified. This was, as it turned out, the star of the weekend, the top sale among nearly three dozen million dollar cars that changed hands. It is impossible to fault the bidders' enthusiasm for its beauty, light weight body and racing history, but it is a high water mark for LWB Cal Spiders, by some margin, signifying the market's high regard for the very best cars.
1966 Ferrari 365 California Spider
Lot # 049 1966 Ferrari 365 California Spider, Body by Pininfarina; S/N 9631; Engine # 9631; Light Gold, Black sills/Beige leather; Black cloth lop; Estimate $850,000 - $1,100,000; Older restoration, 3- condition; Hammered Sold at $800,000 plus commission of 10.00%; Final Price $880,000 -- Chrome spoke Borrani wire wheels, 215/70VR15 Michelin XWX blackwall tires, AM-FM, A/C, P/S. Geneva Motor Show and NY Auto Show display car in 1967. The story of its 1976 accident has changed from three years ago when it was acknowledged that the roof fell in on it when it was hit in the rear and pushed into the front wall of its carport. Today it is only ‘hit in the rear while parked on the side of the road, damaging both the rear and the front of the car’, an unsupportable amelioration of its accident history in an attempt to build a more benign but inaccurate history. Restored for Greg Garrison in Italy with fixed, covered headlights and triple taillights. Now a tired old restoration. Dirty underhood and chassis, aged and loose fitting top, poor door fits, cracked paint around nose emblem. A wonderful car in need of a good home. Sold for $750,000 hammer, $825,000 with commission here three years ago from the Greg Garrison collection. The effect of the revisionist explanation of its 1976 damage is probably minor; the quality of its 1970's Italian restoration is not. This car needs a good home and extensive work to bring it back into the presentation its rarity and wonderful, sleek design deserve. Its price today reflects the Ferrari market's emphasis on the very finest, most powerful and rare examples with due reservations for an old restoration at best categorized as mediocre.
1950 Ferrari 166 Inter Barchetta
Lot # 051 1950 Ferrari 166 Inter Barchetta, Body by after Touring; S/N 0049/S; Engine # 0049/S; Ivory/Blue leather; Estimate $750,000 - $1,000,000; Concours restoration, 1 condition; Hammered Sold at $685,000 plus commission of 10.00%; Final Price $753,500 -- RHD. Chrome spoke Borrani wire wheels, dual aeroscreens, Jaeger clock. Originally a Ghia berlinetta, rebodied for Betz and Peters by European Auto Sales in a restoration completed in 2000. Gorgeous paint, chrome and interior. Way beyond perfect. The original body and some surviving trim pieces go with the car. (Marcel Massini subsequently noted that the number 0070/S also has been applied to this car, or parts of it, at some time in the past). The 591 km on the odometer probably represent the distance this gorgeous Ferrari has covered since its resurrection in this coachwork. Its new owner can be justly proud to drive and display it and its price accurately and appropriately reflects both its mixed history and its magnificent presentation.
1956 Alfa Romeo Giulietta Spider
Lot # 053 1956 Alfa Romeo Giulietta Spider, Body by Pinin Farina; S/N AR149500724; Engine # 131540670; Black/Red leather; Black cloth top; Estimate $70,000 - $90,000; Recent restoration, 2 condition; Hammered Sold at $67,500 plus commission of 10.00%; Final Price $74,250 -- Good paint, weak chrome, polisher scratched paint, excellent interior. Done right underhood with Solex carb and 4-speed gearbox. Really attractive except let down by the chrome. No Reserve. It's surprising to find a 750-series Giulietta Spider so meticulously and accurately restored without getting Veloced or at least 5-speeded, a tribute to the integrity of the owner for whom it was done. Bidders' response to its appeal is evident in the generous price which it brought, a reflection of the caliber of its presentation and restoration more than the inherent value of the underlying Spider.