Gooding & Company Pebble Beach 2010 – Auction Report

Gooding & Company Pebble Beach 2010 – Auction Report Page Five

1938 Cadillac Series 75 Convertible Coupe
Lot # 112 1938 Cadillac Series 75 Convertible Coupe; S/N 3270114; Engine # 3270114; Burnt Orange/Tan cloth; Tan cloth top; Estimate $80,000 - $110,000; Older restoration, 3+ condition; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500 -- Covered dual sidemounts. Stated to be a California car from new with 88,729 miles believed to be original. Acqured by J.B. Nethercutt from an heir of the original owner in original and unrestored condition in 1965 and immediately restored. Now shows age but still a quality job. One of just six built in this body style. A very well cared for older restoration that is starting to show wear around the edges. Nethercutt Collection. No Reserve. Rare and with good history, presence and drivability although after years on display it warrants careful and thorough mechanical inspection and service before being driven.
1973 Ferrari 365 GTS/4 Daytona Spider
Lot # 113 1973 Ferrari 365 GTS/4 Daytona Spider, Body by Pininfarina; S/N 16913; Engine # 16913; Red/Cream leather; Estimate $1,150,000 - $1,150,000; Recent restoration, 2- condition; Not sold at a Hammer bid of $900,000 -- Chrome spoke Borranis, 215/70VR15 Michelin X blackwalls, Becker Mexico cassette, A/C. Show car at Toronto in 1974. Restored by Gary Bobileff, 2004 Cavallino and FCA Platinum awards among others. Excellent paint, chrome and interior. Tool roll, books, original owner's folio. Orderly underhood but not done down deep. Popup lights with an unusually pronounced horizontal lip along the front edge. Attractive but with some questions and reservations. The bidders seemed to have shared some skepticism about this Daytona Spider, accounting for its modest reported high bid. In 2008 Russo and Steele offered this car with a reported high bid of $1.5 million, which begs understanding. The bid here seems like it should have been sufficient for the car to find a new home.
1949 Jaguar XK 120 Alloy Roadster
Lot # 115 1949 Jaguar XK 120 Alloy Roadster; S/N 670019; Engine # W1025-8; Opalescent Pastel Blue/Blue leather; Blue cloth top; Estimate $275,000 - $350,000; Recent restoration, 2+ condition; Hammered Sold at $250,000 plus commission of 10.00%; Final Price $275,000 -- Steel wheels, blackwalls, trim rings, skirts, fender mirrors. No number on head but block number matches ID plate. Restored in Germany in the mid-90's and only three private owners from new. Excellent interior and repaint in a rarely seen but cataloged 1949 Jaguar color. Freshly restored to better than new. A little dusty from the trip to California but will detail to be very attractive. This Jag could have brought more without being overpriced not only on account of its satisfying presentation but also for its unusual color.
1961 Mercedes-Benz 300SL Roadster
Lot # 116 1961 Mercedes-Benz 300SL Roadster; S/N 1980421002637; Engine # (ground off); Ivory (Weissgrau); Ivory hardtop/Green leather; Green cloth top; Estimate $600,000 - $700,000; Recent restoration, 2+ condition; Hammered Sold at $575,000 plus commission of 10.00%; Final Price $632,500 -- Polished wheels with Ivory spiders, two tops, Becker multiband radio, Euro headlights. Two owners from new, replacement alloy engine block with no numbers installed in 1964 and larger replacement drum brakes. Excellent paint, chrome and interior. Restored to better than new condition for the second owner with many NOS parts. Painted aluminum underhood. No Reserve. An unusually attractive car with an especially attractive livery. Known history from new. A premium car for tours at a market price.
1933 Alfa Romeo 8C 2300 Monza, Body by Brianza
Lot # 117 1933 Alfa Romeo 8C 2300 Monza, Body by Brianza; S/N 2311218; Engine # 2311218; Dark Red/Black leather; Estimate $6,500,000 - $8,500,000; Competition restoration, 3+ condition; Hammered Sold at $6,100,000 plus commission of 10.00%; Final Price $6,710,000 -- RHD. First owned by Cesare Sanguinetti in Genoa, later Luigi Beccaria, eventually ending up with Renato Balestrero in 1947 which used it in winning the 1947 Italian Sports Car Championship. Restored for Peter Giddings in the early 80's after nearly three decades with Robert Ford who had acquired it in Venezuela in 1952. Extensively vintage raced since being acquired by the seller in 1996 including two trips to the Mille Miglia. Engine and supercharger rebuilt in 2006 by Rick Bunkfeldt and dynoed at 192 bhp from 2,866cc. Dull paint, a few scrapes and scuffs from a busy life, exactly the way a Monza should look. The second highest sale of the Monterey week, and -- in my mind at least -- far and away the most desirable car. A great history and unusually pure in its constituent parts, something that is hard to find in a competition car of this caliber and long competition history. This is the price of greatness.
1959 Ferrari 250 GT Coupe
Lot # 118 1959 Ferrari 250 GT Coupe, Body by Pinin Farina; S/N 1301GT; Engine # 0362D (Internal #); Metallic Bordeaux, Silver roof/Black leather; Estimate $175,000 - $225,000; Unrestored original, 4+ condition; Hammered Sold at $170,000 plus commission of 10.00%; Final Price $187,000 -- Chrome spoke Borranis, Blaupunkt multiband radio, hood scoop, disc brakes (added later). Tired, cracked, discolored original paint, good original interior. Engine has been out and rebuilt, renumbered but retains the original internal number of 1301GT. Runs well after a recent service by Mark Allin. This Pf Coupe's engine was swapped long ago with the Coupe Speciale 0853GT and only recently swapped back to bring both cars back to their original configurations. It is something of a leftover in making 0853 right but in itself a fine example of a largely unrestored Pf Coupe. Its price here is indicative of an explosion in these cars' values. Once donors for TR replicas, they are today nothing if not expensive. This crusty example carries patina a bit too far but can be driven with some satisfaction while waiting for the market to make it more valuable.
1960 Aston Martin DB4GT
Lot # 121 1960 Aston Martin DB4GT; S/N DB4GT/0107/R; Engine # 370/0205/GT; Metallic Aston Green/Green leather; Estimate $850,000 - $1,100,000; Older restoration, 2- condition; Hammered Sold at $1,050,000 plus commission of 10.00%; Final Price $1,155,000 -- RHD. Original engine 370/0107/GT. Dual outside fillers, chrome spoke Borranis. Good paint, chrome and interior. Very nice older restoration with attractive cosmetics and a few miles since it was done. Vintage raced in the UK in the 70\'s by Stuart Bond. Restored in 2001. Comes with a full tool kit, workshop and owner\'s manuals and four extra wheels with Avon bias-ply tires. Freshly serviced and regularly maintained over the years which should be particularly reassuring to the new owner. This car has real appeal as a very well presented but fully sorted and maintained car equally appropriate to being shown or driven. Its history of restoration (John Mayston-Taylor) and maintenance (Steel Wings, Paul Russell, Independent Ferrari Service) by the most skilled specialists contribute to the strong but not unreasonable price it achieved.
1937 Mercedes-Benz 540K Cabriolet A, Body by Sindelfingen
Lot # 122 1937 Mercedes-Benz 540K Cabriolet A, Body by Sindelfingen; S/N 154084; Engine # 154084; Black/Black leather; Estimate $2,000,000 - $2,000,000; Recent restoration, 1 condition; Hammered Sold at $1,950,000 plus commission of 10.00%; Final Price $2,145,000 -- Chrome wire wheels, blackwall tires, dual horns, Bosch lights, single driving light, dual spotlights, radiator stoneguard, rear-mounted spare under a splined metal cover, outside exhaust head pipes. First owned by Dr. William Walter Birge, a U.S. diplomat, later for many years by Dr. Ernst Beeh, M-B Kompressor Club President for whom it was restored in Cream with Tan leather in 1999. In 2007 Scott Grundfor repainted and reupholstered it while recessing the into the rear deck spares and devising the cover and earning it the Road & Track Award at the 2008 Pebble Beach Concours. Sold by Christie's at Pebble Beach in 2001 for $1,051,000, then by RM in Monterey a year later for $946,000 in its ‘Cream over Tan’ phase. After much effort and money, and a few years, it has shot to this value, an expensive but beautifully designed, constructed, restored and maintained car.
1968 Alfa Romeo GT Junior Sprint
Lot # 123 1968 Alfa Romeo GT Junior Sprint; S/N AR1218078; Red, White, Green stripe/Black cloth; Estimate $65,000 - $85,000; Competition restoration, 3+ condition; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 -- Race prepared like a GTA. Sparco seats and suede rim steering wheel, 2-litre 170hp engine. Good paint. Done to competent La Carrera standards and a finisher in the 2009 Carrera Panamericana Retro. No Reserve. It cost way more to build this GTA-like racer than it cost to buy it here at the Equestrian Center, a significant value to a competition oriented buyer.
1923 Aston Martin Side Valve Boattail
Lot # 125 1923 Aston Martin Side Valve Boattail; S/N 1920; British Racing Green/Red leather; Estimate $175,000 - $225,000; Rebodied or re-created, 2- condition; Hammered Sold at $175,000 plus commission of 10.00%; Final Price $192,500 -- RHD. Five Rudge wire wheels painted body color, radiator screen, four Hartford shocks and copper plated exhaust. Immaculate engine bay and engine turned firewall and dash. A really cool car with interesting, continuous history. Originally a 4-seat tourer, rebodied during restoration in 1965 in the U.K. New block. Displayed at Louis Vuitton and at Pebble Beach in 2006. Very charismatic and abundantly blessed with details. One of the earliest Astons in existence and although a rebody it was done very well. It has great racing appeal, in many respects more than the price it brought. Well bought.
1928 Mercedes-Benz S 26-180hp Boattail Speedster
Lot # 127 1928 Mercedes-Benz S 26-180hp Boattail Speedster, Body by Murphy; S/N 35313; Engine # 66513; White, blue pinstripes/White and blue leather; Estimate $4,000,000 -; Unrestored original, 3- condition; Hammered Sold at $3,400,000 plus commission of 10.00%; Final Price $3,740,000 -- Folding windshield. Bumpers, fenders and headlights stripped although the original fenders are included. First of all, it's a Mercedes-Benz S. Then, it has a simple but very attractive boattail speedster body by Walter Murphy. Then, it was owned by Zeppo and Chico Marx. And, finally, it participated in the famous celebrity match race on Muroc dry lake with Phil Berg's Duesenberg J. It's not entirely original - its been repainted at least twice, but so long ago it really doesn't matter - and has been preserved for years as a sort of Hollywood Historical Hot Rod. Runs very well. It can stay as it is, and in this condition it would be a welcome entrant in just about any historic competition from Monterey to Goodwood. Restored to its original Murphy Speedster configuration it would be a popular entrant at any concours. The provenance, mostly original condition and lore surrounding this awesome car give its new owner a wide variety of choices, which at this price there had better be. There are other Model S Mercedes out there, but none with the history and character (a term which also can apply to its Marx Brothers owners) of this one.
1951 Lancia Aurelia B50 Cabriolet
Lot # 128 1951 Lancia Aurelia B50 Cabriolet, Body by Pinin Farina; S/N B501285; Engine # B102008; Shell Grey/Grey leather; Black cloth top; Estimate $140,000 - $180,000; Recent restoration, 2+ condition; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 -- RHD. Marchal head and fog lights. Excellent paint, chrome, interior, top and glass. Better than new. Believed to have been displayed at Geneva in 1951 on the Pinin Farina stand and an award winner in the Pinin Farina Class at Pebble Beach in 2005. One owner from 1953 to 1998. Restored in 2005. Sold by Christie's in Monterey in 2006 for $152,750 in comparable condition with its presentation today and just 288 more km on its odometer today. One of its important attributes are the subtle, attractive colors which emphasize its distinctive lines and the several detail features which set it apart even from its few counterparts. Two sales in four years within $1,250 (less than 1%) is unusually consistent.
1961 Ferrari 250 GT SWB Comp/61 Berlinetta
Lot # 133 1961 Ferrari 250 GT SWB Comp/61 Berlinetta, Body by Scaglietti; S/N 2845GT; Engine # 2845GT; Dark Red/Black leather; Estimate $6,000,000 - $8,000,000; Competition restoration, 2+ condition; Hammered Sold at $5,550,000 plus commission of 10.00%; Final Price $6,105,000 -- Chrome spoke Borrani wire wheels, black wrinkle dash and interior panels, 215/70VR15 Michelin X tires, cold air box, fender vents, SNAP exhaust extractors, Marchal headlights. Originally raced by Scuderia Serenissima finishing 3rd in the 1961 Tour de France Automobile (Trintignant/Cavrois) and 12th at the Montlhèry 1000km (Graham Hill/Jo Bonnier). 16th overall and 3rd in class at Daytona Continental in 1962 (Gendebien). Ferrari Classiche restoration with its original body and engine completed in 2008 with Classiche certificate. Excellent, fresh paint, chrome and very attractive interior. A choice piece, by any standards. Exactly why is a 250 GTO worth five times this Comp/61 SWB? The visual distinction is clear, but the value equation attributes some remarkable value factors that have little to do with beauty, performance or even rarity. This is real SWB money, but a solid intrinsic value in one of Ferrari's, Pininfarina's and Scaglietti's best ever. It is, if anything, well bought at this price and the new owner got real value for a paltry(?) $6.1 million.