Mecum Monterey 2014 – Auction Report

Mecum Auctions Monterey 2014 – Auction Report Page Three

1968 Mercedes-Benz 280SL Roadster
Lot # S080 1968 Mercedes-Benz 280SL Roadster; S/N 1130441200137; Signal Red, , Red hardtop/Black leather; Visually maintained, largely original, 3+ condition; Hammered Sold at $52,000 plus commission of 8.00%; Final Price $56,160. – 2.8/170hp, automatic, color-coded hubcaps, Michelin Harmony tires, Becker Europa AM/FM radio, P/S, dash clock. – Strong paint, excellent interior. Used but tidy engine bay and undercarriage. Early build number. Odometer shows 1,859 miles, but this is likely 101,859. Cosmetically maintained, strong, well-maintained and honest car. – Just a car, as the expression goes, but an encouraging one that evidences a good life with caring owners and bought for a reasonable price that could be something of a good value if its appearance is borne out in subsequent use. Even if it’s not, the buyer has some headroom in the investment for needed attention.
1935 Lincoln Model K Non-Collapsible Cabriolet, Body by Brunn & Co.
Lot # S090 1935 Lincoln Model K Non-Collapsible Cabriolet, Body by Brunn & Co.; S/N K4280; Blue, , Dark Blue fenders and roofline/Black leather in front and Grey cloth in rear; Black vinyl top; Concours restoration, 1- condition; Hammered Sold at $180,000 plus commission of 8.00%; Final Price $194,400. – 414/150hp V12, single carb, 3-speed, chrome wire wheels, Firestone wide whitewalls, landau bars, suicide rear doors, dual enclosed sidemounts with mirrors, greyhound radiator mascot, Flex Beam headlamps, locking glovebox, luggage rack, wood window trim, roll-up glass rear division, clock below division window. – One of 13 non-collapsible cars, one of four remaining. CCCA Full Classic (TM). Best in Class at Amelia Island. Full restoration in 2009. Very good paint with a couple of small scratches. Excellent chrome and interior. Magnificent, car overall with a commanding presence. – Sold at Bonhams in Scottsdale in January for $170,500, the restoration is barely distinguishable from fresh, sharp and show-ready. This result confirms its value.
1979 Porsche 930 Turbo Coupe
Lot # S095 1979 Porsche 930 Turbo Coupe; S/N 9309800525; Burgundy Red Metallic/Beige leather; Visually maintained, largely original, 3 condition; Hammered Sold at $70,000 plus commission of 8.00%; Final Price $75,600. – 3.3, 4-speed, Fuchs wheels, Yokohama tires, sunroof delete, limited-slip differential, factory cassette radio, dash clock. – Strong paint and plastic. Well cared for interior with light wear. Lightly fraying seatbelts. Rear fender stone guard is beat up. Showing what is believed to be just 25,330 miles. Honest, mostly original car that hasn’t quite seen the same kind of thrashing that so many other 930s have. – What’s a ‘rare … sunroof delete coupe’? Oh, wait, a car that’s more valuable because it’s de-contented. It’s not quite like ‘radio and heater delete’ on a Muscle Car, in this case a distinction without a difference. ‘Hey, look, my 930 Turbo has no sunroof’? Gimme a break. Priced appropriately.
1973 Ferrari 246 GTS Dino
Lot # S096 1973 Ferrari 246 GTS Dino; S/N 07328; Red, , Black roof panel/Black leather, Red stripes; Cosmetic restoration, 3+ condition; Hammered Sold at $345,000 plus commission of 8.00%; Final Price $372,600. – 6-spoke alloy wheels, Michelin X tires, A/C, covered headlights. – Polisher scuffed paint, good chrome, very good but not correct pattern upholstery. Clean, neat underbody. A good driver. – Generously priced for its condition, the seller of this Dino was astute to take the offer and move on to something else. There is no shortage of Dinos today, and the attention of Ferrari buyers (along with their enviable liquidity) is moving higher on the food chain making this Dino a good value, particularly when compared with the prices that 330 GT 2+2s were bringing this week.
1972 BMW 3.0 CSi Coupe
Lot # S101 1972 BMW 3.0 CSi Coupe; S/N 2262727; Inka Orange/Black leather; Older restoration, 3 condition; Hammered Sold at $53,000 plus commission of 8.00%; Final Price $57,240. – 3.0, 4-speed, alloy wheels, Federal Formoza tires, sunroof, A/C, wood-rimmed Nardi steering wheel, wood dash and window trim, wood shift knob, Kenwood CD player, dash clock. – Strong paint and interior. Restored five years ago and has clearly been driven since. Solid, desirable fuel-injected example that is also well equipped, it has just seen a few years worth of use. – Sold at Auctions America in Burbank a year ago for $60,500. Time to move on leaving money on the table.
1962 Mercedes-Benz 190SL Roadster
Lot # S103 1962 Mercedes-Benz 190SL Roadster; S/N 12104010022323; Metallic Blue/Beige leatherette; Black cloth top; Enthusiast restoration, 3- condition; Not sold at Hammer bid of $75,000. – Becker Europa AM-FM, body color hubcaps, Cooper tires, Solex carbs. – Engine compartment is orderly but the engine idles at nearly 2,000 rpm. Older interior is sound but aged and lightly soiled. Bodywork and paint are awful. This is a scruffy 190SL that needs everything, and a lot of it. – The reported high bid, and the fact it didn’t sell at it, indicates how far sellers’ expectations for 190SL values are off the mark. It’s really hard not to call this 190SL despicable, a car so bad it was its presentation that caught my attention in the lineup. This car will cost an easy $100K to put into proper shape and anything less than a full restoration will leave it a compromised car. It should have gone away at less than $50,000. If there was money anywhere close to this bid it should have been gone in a heartbeat and it is telling that the many restorers on-site rejected it, knowing what it would cost to make it decent.
1977 Ferrari 308 GT4 Coupe
Lot # S105.1 1977 Ferrari 308 GT4 Coupe; S/N 13846; Red, , Black lower body/Tan leather; Visually maintained, largely original, 3- condition; Hammered Sold at $26,000 plus commission of 8.00%; Final Price $28,080. – 3.0/5-speed, Cromodora wheels, Pirelli P77 tires, Blaupunkt AM/FM cassette stereo, P/W, dash clock, leather-wrapped steering wheel, sliding sunroof, locking glovebox. – The odometer shows 92,468 miles, and the rest of the car backs this up. Tired paint, cracking and chipping on edges. Wheels and plastic are pretty good. Interior looks redone with light wear. Rebuilt engine and gearbox then stored for 22 years. 1,000 miles since rebuild. Looks tired, but represented as fresher underneath. – This isn’t much car, but it’s priced reasonably if the old rebuilt engine is sound and the belts and hoses that should be replaced don’t cost too much. The successful bidder better have a field of lucky 4-leaf clovers.
1928 Chrysler Model 72 Deluxe Roadster
Lot # S110 1928 Chrysler Model 72 Deluxe Roadster; S/N J229240; Light Blue, , Dark Blue fenders/Brown leather; Tan cloth top; Older restoration, 3- condition; Hammered Sold at $21,000 plus commission of 8.00%; Final Price $22,680. No – 249/75hp, 3-speed,blue wire wheels, Allstate wide whitewall tires, Depress Beam headlamps, K-D amber driving lights, cowl lights, luggage rack, single taillight, wood shift knob, passenger’s side wind wing. – Decent paint with some chips in the wheels and some panel edges. Tired chrome. Very good interior overall but some unsightly, smeared, dried glue near the Chrysler badge mounted on the dash is off-putting. Dirty engine bay. Fluid runoff stains down block and crankcase. Wheels look shabby. Not quite a dog, but it leaves a lot to be desired. – This is a Chrysler Six with sexy bodywork and a 75hp engine. It isn’t pristine (OK, it’s far from pristine) but this is not even decent Model A Ford money. For a Chrysler six. It’s a serious value even considering its aged condition.

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Show Comments (3)

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  1. Lot #F105, “Phase 2 Austin-Healey” shows the front shroud light configuration and door handles of a Phase 1 car, although the VIN is given as HBJ8L/27836, a Phase 2 number. Mecum description says it’s a Kurt Tanner restoration to highest Concours standards, but how can that be if the VIN does not match the features of the car? The paint, too, while beautiful, is not an original color and would therefore lose points in Concours.

  2. Rick, I believe that any restorer worth his salt should use a favorable estimate of his work by your column as advertising. Your commentary and evaluations are free of the usual frippery done by writers not wanting to abrade the owner ego. Therefore, I will steer clear of having any of my cars evaluated. I already know the flaws. 🙂