Leake Auction Company, Oklahoma City, Oklahoma, February 17-18, 2012
Report and photos by Rick Carey, Auction Editor
Oklahoma City kicked off the Leake Auction Company’s 40th Anniversary season. They appropriately announce, though, that patriarch Jimmy Leake held his first auction in conjunction with Sotheby’s in Muskogee, Oklahoma in 1962. Further sales followed intermittently until the present string started in 1972.
Those were days when everyone in car collecting knew pretty much everyone else. Over the years Jimmy Leake handled just about every great Classic that originated in or found its way to North America. His name on the provenance of a Duesenberg, Packard, Rolls-Royce or Mercedes-Benz is both and important indicator of the car’s quality and also pretty much expected. He touched them all, and his family – daughter Nancy, son-in-law Richard Sevenoaks and son Jim – have continued the family tradition.
With that kind of history it’s not surprising that Thursday set-up day seemed like a family reunion. Consignors and buyers were old acquaintances and had time to catch up following the whirlwind of January in Arizona and Kissimmee when there’s barely time to eat and sleep.
In the two-day sale one ring ran on Friday with two adjacent rings on Saturday to keep bidders hopping back and forth. Friday’s cars were modest, a $11,725 average and $8,250 median, but the sell-through of 80.1% was exceptional. On Saturday the cars got better but the sale rate dropped accordingly.
The top sale was a triple black 427-powered ’68 Shelby Mustang GT500 at $165,000 hammer, $181,500 with commission. A total of 297 cars crossed the block of which 197 sold (14 in post-block transactions) for an overall sell-through of 66.3% and bringing a total of $4,101,845 including commissions.
Richard Sevenoaks is the ringmaster for a fast paced auction with even Saturday selling at close to 20 cars per hour in each ring. The pace rarely slackened, which kept bidders’ interest right to the end. The end, by the way, came in plenty of time to take in one of Oklahoma City’s landmarks, Cattlemen’s Steakhouse in Stockyard City, with big, quality steaks for replenishing auction participants’ energy.
Arrive early because a two-hour wait is the rule rather than the exception … at Cattlemen’s, not the Leake Auction.
Lot # 418 1951 Studebaker Champion Business Coupe; S/N G895671; Light Grey/Grey cloth; Cosmetic restoration, 2- condition; Not sold at Hammer bid of $9,000 -- Steel wheels, hubcaps, blackwall tires, no radio or heater. Very good paint, chrome and interior. Sharp dashboard and instruments. Chassis quickly redone assembled. Highly presentable and unusual. There isn't a very big audience for Studebakers, which is unfortunate when they're as cool as this one. It is very nicely presented and should have brought more money. The consignor agreed, too.Lot # 423 1948 Ford Super Deluxe Coupe; S/N 899A2275873; Red/Dark Grey cloth; Cosmetic restoration, 3+ condition; Hammered Sold at $19,500 plus commission of 10.00%; Final Price $21,450 -- VDO custom gauges, turn signals, blue dot taillights, hubcaps, trim rings, wide whitewalls. 59A-B flathead, oil filter, aluminum radiator, chrome alternator, bumper overriders. Makes a great first impression but doesn't hold up. Paint is erratically masked and wet sanded. Chrome and interior are good. Engine compartment is clean but far from done to the standards the paint's first impression suggests. At this price, even with the shortcomings, this will be an enjoyable driver. And it runs little risk of being misplaced in a parking lot.Lot # 430 1969 Chevrolet Camaro 2-Dr. Hardtop; S/N 123379L528051; Black/Red vinyl; Modified restoration, 2- condition; Hammered Sold at $38,500 plus commission of 10.00%; Final Price $42,350 -- 468 cubic inch, 4-barrel, Edelbrock intake, 4-speed, P/S, P/B, Rally II wheels with trim ring, red line F70-14 tires, disc front brakes, factory indash AM-FM-8-track, console gauges, SS trim added. Good paint, chrome and interior. Engine compartment is like new but chassis isn't. Looks good, but don't look too close. Sold for $32,450 at Russo & Steele in Scottsdale a month ago and turned over at a modest profit here, it is a sound and attractive car the will make a statement on Cruise Night. The price is fair to both the seller and the new owner.Lot # 440 1931 Ford Model A Victoria; S/N A2817732; Olive Green, Dark Green roof, Black fenders/Light Olive cloth; Older restoration, 3+ condition; Hammered Sold at $18,500 plus commission of 10.00%; Final Price $20,350 -- Radiator stoneguard, quail radiator mascot, Cream wire wheels, blackwall tires, etched windwings, turn signals, leatherette covered luggage trunk, pulldown rear shades. Good but aged paint. Chrome and interior are good but instrument panel could use attention. A sound and usable older restoration now in decent touring condition. An unusual body style for a Model A and not without its own charms, which the OK City bidders acknowledged with this price, a sound one for both parties.Lot # 449 1963 Pontiac Grand Prix 2-Dr. Hardtop; S/N 963K25592; Engine # 491800 28P; Red-Orange/Parchment vinyl; Cosmetic restoration, 3- condition; Not sold at Hammer bid of $9,500 -- Automatic, P/S, P/B, 8-lug wheels, narrow whitewalls, buckets and console, pushbutton radio. A superficial old cosmetic restoration recently freshened under hood with a rattle can explosion. Not despicable, but close. There were plenty of good cars without issues at the Leake Oklahoma City sale, so why bother with one that had plenty of obvious issues? The answer is that they didn't.Lot # 457 1968 Pontiac GTO Convertible; S/N 242678B129431; Engine # XP; Red-Orange/Parchment vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $27,500 plus commission of 10.00%; Final Price $30,250 -- 400/360hp, automatic, buckets and console, CD stereo, woodrim steering wheel, hood mounted tach, Rally II wheels with turn rings, Tiger Paw GTS tires, Judge trim, wing, P/S, P/B, A/C. Quick, poorly masked repaint, dented windshield trim, good interior. Ugly underbody slathered in some shiny coating over old undercoat. A decent car with shoddy treatment. This could be a desirable GTO but its added treatment -- particularly the GTO trim -- and erratic condition make it fully valued at this price.Lot # 464 1968 Ford Mustang Convertible; S/N 8F03J185169; Highland Green/Tan vinyl; White vinyl top; Modified restoration, 3+ condition; Hammered Sold at $23,300 plus commission of 10.00%; Final Price $25,630 -- 302/230hp, 4-speed, tube headers, GT wheels with trim rings, "Landouest" tires, P/S, Hurst shifter, AM-FM, GT hood with scoop. Good paint, chrome and interior on a Mustang competently restored to be enjoyed. There is little stock about this Mustang, but it is competently built and presented. It apparently appealed to more than one person in Oklahoma City for it to bring this much.Lot # 465 1956 Ford Thunderbird Convertible; S/N P6FH187188; Black; White hardtop/Black, White vinyl; Black cloth top; Visually maintained, largely original, 3 condition; Hammered Sold at $31,500 plus commission of 10.00%; Final Price $34,650 -- 312/225hp, automatic, P/B, cassette stereo, P/W, power seat, chrome continental kit band, wire wheel covers, wide whitewalls, two tops. 61,081 miles. Flawed, dirty old repaint, discolored upholstery. Engine compartment is cleaned but neither restored nor detailed. It is refreshing to see a T-bird without engine dressup. A good, sound old car that can be driven and toured proudly. This is a plain, old T-bird. It has no pretentions, no glitz, no glittering chrome and paint. It's just a car and it never needs to be any more than what it is, right now, today. It's honest, and so is its price, a fair result for a better than fair car.Lot # 474 1968 Shelby Mustang GT500 Convertible; S/N 8T03S115990; Black/Black vinyl; Black vinyl top; Modified restoration, 2+ condition; Post-block sale at $165,000 plus commission of 10.00%; Final Price $181,500 -- 8D410C32A00132 Shelby number. 427 with dual quads, automatic, P/S, P/B, 10-spoke alloy wheels, 3.50 axle with limited slip added. Restored like new with very good paint, chrome and interior. One of three triple black GT500 convertibles. The trouble with this car is that it didn't begin its life with this engine. No GT500 left the factory with a 427. It's a wonderful car, with history in this configuration, but it's just-not-real. The seller should be very happy with this price, which is a few thousands more than most onlookers thought it would bring. The buyer? Hey, it's fast, it's rare and it's triple black.Lot # 477 1936 Cadillac V-8 Convertible Sedan; S/N 16292677; Black/Black leather; Black vinyl top; Visually maintained, largely original, 3- condition; Post-block sale at $37,000 plus commission of 10.00%; Final Price $40,700 -- Dual enclosed sidemounts, steel wheels with large hubcaps, wide whitewalls, fog lights, roll up division. Quick old paint, blistered chrome, usable upholstery, poorly fit top. Scruffy instruments. Scratched, chipped paint. A pretty sad car. But it is a CCCA Full Classic (tm) and that qualification's access to desirable events and tours gives it an inherent value to collectors. Restored it will be worth a lot more, but it will cost a lot to restore and it's probably better just to take it out and drive.Lot # 479 1965 Chevrolet Corvette Coupe; S/N 194375S104486; Engine # 5104486 F12XXHH; Red/Black; Visually maintained, largely original, 3+ condition; Hammered Sold at $41,250 plus commission of 10.00%; Final Price $45,375 -- 327/365hp, 4-speed, AM-FM, alloy wheels, red line tires. Decent repaint, chrome and interior. Underhood and chassis are orderly but not restored. Represented as matching-numbers. Scuffed trim chrome. Erratic dash, instruments and interior trim. A disappointing car in condition, but helped by its high performance smallblock it is a good value at this price.Lot # 480 1993 Chevrolet Lumina NASCAR; S/N 4931012; Black "Goodwrench"/Black cloth; Competition car, original as-raced, 3- condition; Not sold at Hammer bid of $116,000 -- Dale Earnhardt Sr's car for Inaugural Brickyard 400 - Raced in 1993 & 1994 - Won the 1994 Food City 500. As-raced. Ridden hard and put away wet might be a better description of this Lumina's condition. Lumina? Talk about a nameplate that is (deservedly) forgotten. Dale Earnhardt Sr. isn't, though and the value of this race winner is in his legend, although the reported high bid would seem to be sufficient to buy the car.Lot # 2434 1940 Cadillac Sixty Special 4-Dr. Sedan; S/N 6321500; Cavern Green/Beige, Grey cloth; Visually maintained, largely original, 3+ condition; Not sold at Hammer bid of $29,000 -- Remote spotlight, turn signals, pushbutton radio with Chicago stations, wide hubcaps, trim ring, wide whitewalls, fog lights. Good older restoration with sound paint and good interior. Engine compartment shows age but could detail like new. Grille, hood side and taillight trim rechromed over pits. An important milestone in Detroit design with a few shortcuts in its restoration that could be remedied without too much trouble or expense. It was sold at Barrett-Jackson Scottsdale in 2007 for $39,600 with 52,857 claimed original miles on the odometer. Today it shows 55,050 miles. It's a CCCA Full Classic (tm), too. The combination of design milestone, good restoration and Classic status make it worth more than the reported high bid.Lot # 2456 1967 Chevrolet Corvette Coupe; S/N 194377S116043; Engine # 7116043 V0317HT; Yellow/Black leather; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $38,500 -- 327/350hp, 4-speed, Rally wheels, red line tires, AM-FM, side exhaust, big block hood. Represented as numbers matching. Poor old repaint over visible nose repairs. Sound but surface cracked original interior. Good chrome. Dirty underbody with old undercoat. Tidy but not restored underhood. A good car in less than good condition. It's hard to see how the owner more expected from this Corvette.Lot # 2463 1974 Dodge Challenger R/T Cloke 2-Dr. Hardtop; S/N JH23G4B159526; Orange, Black hood/Black vinyl; Facsimile restoration, 3+ condition; Hammered Sold at $24,000 plus commission of 10.00%; Final Price $26,400 -- 360 4-barrel replacing the original 2-barrel 318, automatic, Audiovox cassette, 20" chrome wheels, Edelbrock intake, tube headers, P/S, P/B, R/T trim. Decent and very shiny paint, interior and major chrome. Chassis not very thoroughly done. Poor door handle chrome. A pretty car, but not what it wants to be, and that makes this an appropriate price for it.Lot # 2464 1966 Pontiac GTO 2-Dr. Hardtop; S/N 242176P240444; Engine # YS; Red, Black vinyl roof/Black vinyl; Modified restoration, 3+ condition; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000 -- 389/335hp now with Tri-Power intake, original automatic replaced with 4-speed. P/S, P/B, cassette stereo, Rally wheels, Radial T/A tires. Represented as numbers-matching and PHS documented. A sound older restoration with desirable modifications to good driver condition. No Reserve. Another car that is trying to be something it isn't although it presentation is better than most and it appears to be competently restored and maintained. The seller may be a little disappointed at the price, given what's been put into it, but it reasonably reflects the car's configuration and condition.Lot # 2466 1956 Ford Thunderbird Convertible; S/N P6FH317490; Fiesta Red/Fiesta Red, Beige; White vinyl top; Cosmetic restoration, 3+ condition; Hammered Sold at $44,000 plus commission of 10.00%; Final Price $48,400 -- 312/225hp, automatic, Town & Country radio, skirts, porthole hardtop and soft top, wire wheel covers, wide whitewalls, P/S, P/B, engine dressup. Good paint, chrome and interior but ugly, neglected, used chassis and underbody. It was the color that made this car pop and it popped enough to get the bidders' paddles into the air for a generous but not unreasonable price.Lot # 2467 1957 Ford Thunderbird Convertible; S/N D7FH309648; Red/White vinyl; White vinyl top; Older restoration, 2- condition; Hammered Sold at $49,500 plus commission of 10.00%; Final Price $54,450 -- 312/245hp, automatic, P/S, P/B, Town & Country radio, chrome wire wheels, whitewalls, skirts, engine dressup, porthole hardtop and soft top. Good paint and interior, better chrome. An older restoration to like new condition with some age but still a very presentable car. Comprehensively equipped and showing only limited age after a first class restoration, this '57 T-bird brought a strong but appropriate price.Lot # 2470 1964 Chevrolet Corvette Roadster; S/N 40867S110675; Engine # 4110675 F0130PD; Riverside Red/Black vinyl; White vinyl top; Visually maintained, largely original, 3 condition; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000 -- 327/300hp, 4-speed, spinner wheel covers, narrow whitewalls. Superficially cosmetically restored to presentable driver condition. Both front fenders repaired, some paint flaws, sound chrome and interior. Wiper scratched windshield and frame. A good Corvette that changed hands at a realistic price.Lot # 2472 1969 Chevrolet Camaro Z/28 2-Dr. Hardtop; S/N 124379N634155; Cortez Silver, Black stripes/Black vinyl; Older restoration, 2 condition; Not sold at Hammer bid of $50,000 -- Winters cross ram dual quad intake, 4-speed, Hurst shifter, cowl induction hood, woodgrain steering wheel rim, console gauges, Positraction, Endura front bumper, Rally wheels with trim rings, Wide Tread GT tires, P/B, tube headers. Restored like new and showing a little age but will detail to show quality. Very good clearcoat repaint. Good chrome and interior. Everything a Camaro lover could ask for except the JL8 4-wheel disc brakes are on this Z/28 so it's apparent why the seller though of it as more car than the money offered. It is.Lot # 2474 1967 Chevrolet Impala SS Convertible; S/N 168677J220808; Engine # V0104GF; Butternut Yellow/Black vinyl; Black vinyl top; Cosmetic restoration, 3- condition; Hammered Sold at $17,250 plus commission of 10.00%; Final Price $18,975 -- 327 V-8, automatic, P/S, power front disc brakes, Rally wheels with trim rings, red line tires, buckets and console, pushbutton radio. A hurried cosmetic redo without thoroughly wet sanding the paint or paying much attention to the engine compartment or chassis. Cracked steering wheel rim. Door jamb hardware missing. A superficial car that needs to be finished. Block number is from a 1965-66 283/195hp Powerglide engine, which calls into question the representation that the Impala has a 327. But many more things are called into question by its condition. Still, at the price it's a viable weekend cruiser.Lot # 2475 1958 Cadillac Eldorado Biarritz Convertible; S/N 58E040919; Dakota Red/Red, White leather; Older restoration, 3+ condition; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000 -- Gold Sabre wheels, wide whitewalls, parade boot. Mediocre old repaint, good interior. Wavy bodywork and body chrome, delaminating vent windows, scuffed window trim. A valuable, rare car that deserves better than it's had. Not to dwell on the weaknesses in this old restoration, but the seller should be very happy to get this much for a car that is facing in the very near future a very expensive redo of its very expensive cosmetics.Lot # 2478 1966 Plymouth Satellite Hemi 2-Dr. Hardtop; S/N RP23H67308894; Red Metallic; Black vinyl roof/Red vinyl; Older restoration, 2 condition; Not sold at Hammer bid of $47,500 -- 426/425hp Hemi, dual quads, automatic, buckets and console, P/S, P/B, P/W, pushbutton radio, Magnum wheels, red line tires, 3.90 Dana 60 Sure Grip. Represented as numbers-matching. Restored like new in 1981 with very good paint, chrome and interior. Shows a little age but essentially no use. A significant car with an old restoration that is outstanding in its condition and longevity. Not only that, in 1981 you could in fact restore a car like this with, as the car card claims, 'only original and NOS parts.' The reported high bid would not be out of line for a Satellite with a 318 in this condition. With a Hemi it is not even worth considering.Lot # 2479 1969 Chevrolet Camaro Z/28 RS 2-Dr. Hardtop; S/N 124379N566468; Hugger Orange, White stripes/White vinyl; Older restoration, 2- condition; Not sold at Hammer bid of $45,000 -- 302/290hp, 4-speed, P/S, P/B, cowl induction hood, Rally wheels, F70-15 Polyglas tires, console gauges, pushbutton radio, Hurst shifter, chambered exhaust. An attractive older restoration to like new condition with some age and use but still very clean, shiny, orderly and usable. Sold at Barrett-Jackson in Las Vegas in 2008 for $67,100, this Z/28 is worth no less today than it was four years ago, which puts the reported high bid somewhere in the range of hopeless.Lot # 2481 1957 Cadillac Eldorado Brougham 4-Dr. Hardtop; S/N 5770140321; Black/Beige cloth; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $73,000 -- Mismatched upholstery fabric, pulled driver's seat seam. Represented as 34,194 miles from new. Sound but flawed older repaint over ripply filled bodywork, lightly polish scuffed, weak chrome. Old undercoat. A tired car. A buyer is looking at a very expensive restoration project to return this Eldo Brougham to the condition it deserves. It sold at Worldwide's sale at Keels & Wheels in 2010 for $51,150, a price that recognized its extensive list of needs. The seller is deluded to think it could bring much if any more two years later without apparently spending much more than a nickel on it.Lot # 2483 1970 Plymouth 'Cuda 2-Dr. Hardtop; S/N BS23V0B243964; Burnt Orange/Black vinyl; Older restoration, 2- condition; Post-block sale at $70,000 plus commission of 10.00%; Final Price $77,000 -- 440/390hp 6-Barrel, 4-speed, P/S, P/B, rally wheels with trim rings, CD stereo, Argent shaker hood, F60-15 Polyglas GT tires, 6-way power driver seat, 3.56 Sure Grip, pistol grip shifter. Restored like new with very good cosmetics and underhood presentation. Represented as matching numbers engine. Chassis was done like new but now shows some age and use. Good panel fit but weak rear bumper chrome. Bid to $60,000 on the block and closed post-block at this price, much of the appeal of this car is the unusual and brilliantly applied color that really makes the car pop. It has all the right stuff and the Six-Barrel induction setup will sip (relatively speaking) fuel when run on the center 2-barrel, a factory some might consider as gas soars over $5 for premium. The buyer and seller negotiated a good deal through the auction company and both should go home content.Lot # 2485 1966 Chevrolet Corvette Coupe; S/N 194376S103714; Engine # T1019IP 6103714; Silver/Silver leather; Older restoration, 2 condition; Not sold at Hammer bid of $88,000 -- 427/450hp, 4-speed, side exhausts, AM-FM, original centerlock alloy wheels (5 of them), teak rim steering wheel, red line tires, telescopic steering column, 3.70 Positraction. Restored like new with quality clearcoat repaint, excellent interior and chrome. Underbody was like new but now is a little aged and dusty. The early '66 4-barrel 427's 450hp rating was soon subsumed by insurance concerns and the realization that 67's three deuces 435hp rating needed to be covered, so Chevy's product planners began calling it a 425hp engine later in the year. It is a rare car, and exceptionally well-equipped, too, but not so rare it couldn't have found a new home at this bid.Lot # 2486 1971 Ford Mustang Mach I Fastback; S/N 1F05M178312; Grabber Lime, Matte Black hood/Green vinyl; Visually maintained, largely original, 3+ condition; Not sold at Hammer bid of $26,750 -- 351/285hp, 4-speed, Hurst shifter, P/B, P/S, A/C, styled wheels, F60-15 Polyglas GT tires, sport deck rear seat. Partially repainted with clear coat over original paint and starting to wear through on roof. Clean original underbody. Engine nicely detailed. Good original interior. This car sold at Auburn Fall in 2006 for just $24,300, then brought $43,450 a few months later at Barrett-Jackson Scottsdale in January 2007. The "Grabber Lime" color is rare and appealing, the equipment list is stunning (14 in addition to the Mach I package), but the engine is uninspiring, and therein lies the hurdle its value has to leap. It was well represented here in Oklahoma City, but the bidders just didn't respond and the seller was well-advised to take it home to try again.Lot # 2488 1972 Chevrolet Corvette Convertible; S/N 1Z67K2S519819; White/Saddle vinyl; White vinyl top; Visually maintained, largely original, 3 condition; Hammered Sold at $18,500 plus commission of 10.00%; Final Price $20,350 -- 350/200hp, 4-speed, A/C, alloy wheels, cassette stereo, tilt steering column. Quick older repaint, good original interior and chrome. A sound, mostly original used car. 36,962 miles on the odometer look correct from new. Engine ratings took a huge hit in 1972, and the appeal to collectors of '72 and later cars has never recovered. This was a surprisingly original, sound and clean car that looked like it had a good life and inspired confidence. At this price it represents a sound buy that could have brought $5,000 more without being expensive.Lot # 2491 1988 Mercedes-Benz 560SL Convertible; S/N WDBBA48D7JA091315; Dark Grey/Gray leather; Visually maintained, largely original, 3- condition; Hammered Sold at $6,400 plus commission of 10.00%; Final Price $7,040 -- Becker Grand Prix cassette, two tops. Decent older repaint, sound original interior except for badly cracked driver's seat. Grungy feeling but presentable old car showing 72,093 miles on its odometer. A used car of little intrinsic value or appeal, the 560SL was built in vast numbers (almost 50,000 of them) and while it is a prime example of M-B quality and performance from the late 80's it will never be rare. This one needs new upholstery which will push the buyer's investment well over what the car might be worth.Lot # 2505 1950 Studebaker Commander Starlight Coupe; S/N 4418500; Black/Grey cloth; Cosmetic restoration, 3 condition; Hammered Sold at $25,000 plus commission of 10.00%; Final Price $27,500 -- 6-cylinder, overdrive 3-speed, pushbutton radio, heater, oil filter, windshield sun visor, hubcaps and trim rings, whitewalls. Fair older repaint over old paint and not disassembled. Dull original bumper chrome. Good new interior. Cosmetically restored to good driver condition, but more unusual than meticulous. Studebaker survivors like this are rare birds and their styling still draws onlookers and attracts admiring comments. This thoughtfully cosmetically restored example has eye-appeal and is plenty good enough to be used as is. It brought a reasonable price for its rarity, impact and condition.Lot # 2507 1967 Chevrolet Nova 2-Dr. Hardtop; S/N 115377W192576; Butternut Yellow/Black vinyl; Modified restoration, 2- condition; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100 -- 350 V-8, 4-speed, Holley 4-barrel, cassette stereo, Vintage Air A/C, P/B, Hedman tube headers, hubcaps and trim rings, red line tires, bench seat. Cosmetically very good and should be some fast with the later engine. Chassis, underbody and engine compartment are like new or better. This is going to be a real fun car for weekends and cruise-ins. The modifications impact its value only in a positive way, it's just a Nova, after all. It couldn't be duplicated for the price it brought here, its meticulous presentation and orderly mechanical condition are a delight. A good car bought right.
Mr. Carey
I was wondering if you remember anymore about lot #477 the 1936 caddy from the leake ok auction..The vehicle has popped up for sale on ebay and i made a deposit..I have an inspector going to see it on saturday…I read your description and my heart dropped..however..it does appear that the dealer (motoexotica) has put some money into cleaning it up and making it somewhat presentable..I can purchase for 55k..and I figure to spend 10k more to improve…nada for an avg 20 footer is 66k..doyou recall any major flaws other than cosmetic…Thanks in advance
Steve amster