Mecum Indianapolis 2016 - Auction Report

Mecum Auctions, Spring Classic, State Fairgrounds, Indianapolis, Indiana, May 17-21, 2016

After being overshadowed by Kissimmee, Harrisburg, Dallas and other newer Mecum venues in 2016 the ‘Spring Classic’, Mecum’s original Rockford (Belvidere), Illinois auction has begun to lift itself out of the shadows of the newcomers and reassert its importance.

The car count was back up to over 1,500, the sale total was more than any recent Spring Classic since 2012 and the consignment makeup was as good as it’s been in years – despite the disappointing median sale of $26,000.

But that’s what the Mecum Spring Classic is about: affordable cars that appeal to masses of collectors, peppered with Big Money, high profile American Muscle (for the most part) that puts onlookers in the mood, even if they can’t afford them.

The layout changed dramatically this year as the State Fairgrounds expanded with new exhibit buildings nestled among the Sheep and Swine buildings that give this location its character. It was a long walk through structure after structure from the main entrance, a walk giving Mecum’s exhibitor and vendor clients their shot at attracting visitors’ attention.

Mecum suffered, though, a similar issue that other recent auctions have encountered; selling their high dollar cars. 21 lots were bid to $250,000 or more on the hammer. Only 10 of them sold, a 47.6% sell-through far below the auction’s overall sale rate of 70.5%.

Going down the order to $100,000 hammer bids, there were 150 lots. 78 of them sold, still a modest 52% sell-through.

As we head into Monterey in August, where there will be as many eight-figure cars on offer as there were six-figure cars in Indianapolis, this disconnect between the top of the market and the much more healthy middle will be etched in sharp relief.

This report is – as was Kissimmee in January – delayed while gathering observations from several people and then being distracted by subsequent auctions that could be turned around more quickly.

Here are the numbers:

[table id=159 /]

Greg Ingold and Erik Nelson contributed many of the on-site observations from Indy.

Mecum Indianapolis 2016 – Auction Report

Tuesday

1992 GMC Typhoon 1/2 Ton SUV 4x4 — Lot # G74 1992 GMC Typhoon 1/2 Ton SUV 4×4; S/N 1GDCT18Z2N0811427; Black/Grey, Black; Unrestored original, 2- condition; With Reserve; Hammered Sold at $12,000 plus commission of 10.00%; Final Price $13,200 – 262/280hp Turbo, automatic, air conditioning, bucket seats, center console, cassette player, power windows. – Decent paint. Door alignment is slightly uneven. The engine compartment is aged and grimy, and under the lip of the hood is starting to flake away paint and rust. The underbody is old and very oxidized. In used car condition and showing 54,343 miles, it is easily drivable and very presentable but certainly not a prime example. – Perfect for someone who wants to enjoy the famous Ferrari 348-beating performance of the Syclone/Typhoon without worrying about racking up a few miles or suffering the occasional stone chip. This would have been a good buy at another two grand, and it’s a lot of speed per dollar. Beats the —- out of an FJ40.

Lot # G128 1953 Henry J Corsair Deluxe 2-Dr. Sedan; S/N K534002247; Burgundy/Brown vinyl, Beige cloth; Visually maintained, largely original, 4 condition; No Reserve; Hammered Sold at $7,500 plus commission of 10.00%; Final Price $8,250 – 161/80hp, 3-speed, turn signals, wheel covers, wide whitewall bias ply tires. – Awful repaint over worse prep. Worn, cracked, dry original upholstery and interior trim. Dead body seals. Good major chrome but weak trim. – In the dictionary under the word ‘despicable’ there should be a photo of this immensely crappy Henry J. It sold for $8,000 at Mecum’s April auction in KC in 2013, and it hasn’t gotten any better since, a automotive sludge pump. Why would anyone pay this much for a crapcan?

Lot # G142.1 1969 Opel Kadett Rallye 2-Dr. Sedan; S/N 919165750; Copper, Matte black, Black vinyl roof/Black vinyl; Visually maintained, largely original, 3 condition; Hammered Sold at $11,000 plus commission of 10.00%; Final Price $12,100 – 1,077cc/67hp, automatic, cassette stereo, bucket seats, styled steel wheels with trim rings, fog lights. – Decent clearcoat repaint, good roof vinyl, dull aluminum window trim, sound chrome. Matte black is starting to peel in a few places. Good upholstery and interior trim except for a tear in the driver’s seat cushion. Better than it has any reason to be. – Reported sold at Kissimmee four months ago for $11,000, this is a niche auto. No one really knows, and even fewer care, about these German imports brought to the U.S. to satiate Buick dealers’ desires for cheap cars. But, no matter how little one cares, they’re pretty neat little cars although this result values it at the very pinnacle of Opel Kadett Rallyes. It was probably bought by a former Buick dealer; no one else cares.

Lot # G145 1980 Triumph TR8 Convertible; S/N TPVDV8AT209696; Light Gold/Blue vinyl, gray plaid; Black leatherette top; Unrestored original, 3+ condition; With Reserve; Hammered Sold at $7,000 plus commission of 10.00%; Final Price $7,700 – 3.5/135hp, 5-speed, air conditioning, Kenwood CD stereo, grey painted alloy wheels, leather rim steering wheel, blackwall Firestone radial tires. – Sound original paint and interior, dull black plastic bumpers. A sound original car but worn and used like the 39,473 miles on the odometer were maybe on their second time around. – This is a better car than its price indicates. It hasn’t been messed up and it wears its age proudly. It’s a good value at this price – although no one should expect to get rich turning it around, just satisfied owning and driving it.

Lot # G159.1 1959 Ford Fairlane 500 4-Dr. Sedan; S/N C9GV123301; Turquoise Blue, White/Turquoise Blue vinyl, White; Unrestored original, 3- condition; Hammered Sold at $14,500 plus commission of 10.00%; Final Price $15,950 – 292/200hp, automatic, pushbutton factory radio, underdash CD stereo, fog lights, wheel covers, narrow whitewalls, heater. – Faded and buffed through original paint. Tattered original front seat upholstery and headliner. Repainted wheel wells. Sound major chrome, thin trim. No obvious rust or repairs. – ‘Unrestored’ it is, but that’s not necessarily a good thing. This is a tired car with beat up upholstery. It’s apparently sound, but for what it is, who cares? The seller should be overjoyed to get this much for an $8,000 car.

Lot # G167 1972 Oldsmobile Cutlass Convertible; S/N 3J67K2M104461; Orange/White vinyl; White vinyl top; Unrestored original, 3+ condition; With Reserve; Hammered Sold at $13,000 plus commission of 10.00%; Final Price $14,300 – 350/180hp, automatic, buckets and console, air conditioning, AM-FM, sport steering wheel, remote outside mirror, accessory cruise control Rally wheels with trim rings, Stinger radial tires. – Good original paint, chrome and upholstery. Repainted deck lid. Thin rear bumper chrome. A reassuring highly original Olds represented to have the original engine. – Not that there’s much to get excited about that original engine with only 180hp; it’s so understressed it’ll probably live forever. This is an unassuming, simple, usable every-weekend kind of collector car that brought a realistic and affordable price with no premium at all for originality.

Lot # G167.1 1982 Fiat 124 Spider; S/N ZFAAS00B1C5003343; Dark Blue/Beige leather; Beige vinyl top; Visually maintained, largely original, 3 condition; Hammered Sold at $9,500 plus commission of 10.00%; Final Price $10,450 – Panasonic cassette stereo, Ferraro leather rim steering wheel, remote outside mirror, alloy wheels, Sunny blackwall radial tires. – Good older repaint and original interior. Thin trim chrome. Faded top with a minor seam repair. Represented as original paint, but it’s not. Clean underbody. Freshly serviced at a cost of $1,600. – A sound and usable weekend driver showing 76,137 believable kilometers for which an appropriate retail price was paid.

Lot # G179 1971 Dodge Charger R/T 2-Dr. Hardtop; S/N WS23UA1144775; Orange, Black/Black vinyl; Cosmetic restoration, 3 condition; With Reserve; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100 – 440/370hp, 4-speed, Hurst pistol grip shifter, bucket seats, no console, pushbutton radio, Rallye wheels with hubcaps and trim rings, wing, transistor ignition, electric wipers, no power steering or brakes. – Thick but sound older repaint, fair chrome, sound interior Stiff, creaky doors. Underbody undercoated assembled. Paint cracked over the drip rails. Cracked, dry window seals. Orderly but aged and used engine compartment. A sound but ordinary driver represented to have a matching numbers engine. – The car card claimed this car had a ‘frame-off restoration’, but its appearance does not look like it. The bidders paid well for a sound and usable Charger R/T with the Magnum V-8 and a 4-speed.

Lot # G191 1937 Ford Model 74 Fordor; S/N 87175; Black/Brown cloth; Unrestored original, 3- condition; With Reserve; Hammered Sold at $14,500 plus commission of 10.00%; Final Price $15,950 – 136/60hp V8-60, radio, heater, turn signals, hubcaps, trim rings, wide whitewalls, spare wheel and tire. – Scruffy old repaint starting to lift at edges, corner chips. Sound original upholstery with threadbare driver’s seat. Surface rusted but dry original chassis and underbody. Orderly original engine compartment. An unusual survivor. – Two people wanted this perfectly ordinary Ford sedan very badly in order to take the bidding to this level. It is a scruffy old car with an anemic little engine and vast needs cosmetically. It doesn’t help any that the VIN doesn’t make sense, either.

Lot # G194 1968 Lincoln Continental 4-Dr. Hardtop; S/N 8Y82A828836; Ivory, Black vinyl roof/Black leather; Unrestored original, 2 condition; Hammered Sold at $25,500 plus commission of 10.00%; Final Price $28,050 – Lincoln dash plaque names Mrs. Paul B. Heflin. Climate control, AM-FM, power everything. – All original with 4,417 miles and in outstanding condition for its age. The seller proudly noted that the original tires were in the trunk. – It’s hard to see how this Continental could have passed 48 years in obscurity, with so few miles, but in such good condition, but the evidence that it did is clear. It was one of several low mileage late Continentals scattered around the Fairgrounds this week disclosing common ownership with the messages written on their windows. This is an heroic price for a ’68 Continental sedan, but not unrealistic for this one, which even can be driven some without detracting from its ‘low miles’ status.

Mecum Indianapolis 2016 – Auction Report Page Two

Wednesday

Lot # W9 1977 Pontiac LeMans Can Am Coupe; S/N 2F37Z7P351637; White, Orange/Red vinyl; Visually maintained, largely original, 4+ condition; With Reserve; Not sold at Hammer bid of $11,000 – Air conditioning, American Racing alloy wheels, bucket seats, console with shifter, aftermarket radio, power steering, power brakes. – Repainted with poor follow through. There are drips all along the hood edge. The bumpers are dull and pitted. The engine compartment is filthy and neglected, the shaker scoop has been modified from being cosmetic to functional. The underbody is heavily oxidized and the fabricated transmission crossmember looks questionable in quality. The interior is complete but has a cracked dash and smells of rodents. The poor cosmetics and workmanship do not do this rare car (1,377 made) any justice. – An interesting and unusual LeMans, but seriously neglected. The consignor was lucky to get this high of an offer for this car, and should have taken it.

Lot # W153 1971 Chevrolet K10 Suburban Custom Utility; S/N KE161F628108; Light Blue/Blue vinyl; Truck restoration, 3+ condition; With Reserve; Hammered Sold at $20,000 plus commission of 10.00%; Final Price $22,000 – 350/250hp, automatic, power brakes and steering, NP205 transfer case, bench seats, aftermarket radio. – Body-off restored. Good recent repaint and new brightwork. The engine compartment has been completely restored. The underbody has been cosmetically redone. The seats have been redone while the controls and gauges appear original. A rarely seen 4×4 Suburban that would easily draw attention anywhere it goes but its restoration is superficial at best. – All the glitzy paint doesn’t overcome the superficial treatment of so many other details. It’s a cool old 4×4, but the FJ40 people have perfected doing it like new, and this K10 isn’t close to that standard.

Thursday

Lot # T43 1968 Ford F-100 1/2 Ton Ranger Pickup; S/N F10YLD13398; Lime Gold/Black vinyl with cloth inserts; Truck restoration, 2+ condition; With Reserve; Hammered Sold at $21,000 plus commission of 10.00%; Final Price $23,100 – 8-ft Styleside bed, aftermarket Cragar wheels, auxiliary fuel tank, dual mirrors, power steering, power brakes, radio. – Fresh paint looks amazing with next to no flaws in it. Represented with 28,679 actual miles. Panel fit and gaps look great. Inside of the bed is painted, showing quite a few very small dents. Brightwork looks very good, the grille being the only exception with quite a few scratches and a couple small dings. Engine bay is very clean, some age and wear showing in the intake and manifolds. Underneath has been refreshed and looks very good. Restored interior looks great with only a little bit of wear on the original steering wheel. A fairly fresh restoration done to truck standards. – This truck was represented to have a 360cid engine, but what Ford offered in 1968 was a 390 and that is what this truck is coded for. Either way it is an attractive and usable truck restored well enough to be driven happily and even used once in a while to run errands.

Lot # T71 1977 Chevrolet C10 Pickup; S/N CCL447Z170996; Frost White/Tan vinyl; Unrestored original, 2+ condition; With Reserve; Hammered Sold at $17,000 plus commission of 10.00%; Final Price $18,700 – 350/165hp, automatic, Cheyenne trim, Fleetside bed, power brakes, power steering, dual mirrors, factory tachometer. – Unrestored original. Built in Wisconsin and remained there under one owner. Represented with 12,721 original miles. Paint is in excellent condition with next to no flaws. Inside of the bed does have a few scratches. Brightwork is very good, discolored around the windshield. Panel fit and alignment is very good. Engine bay is very clean with typical wear and grime. Underneath is clean with some slight wear and tear. Interior looks excellent. Tops of door panels and armrests are a little faded. This truck is in outstanding condition for being all original, and is especially unusual since most of these were workhorses. – A nice little truck in extraordinary condition for its age and bought for a very reasonable price.

Lot # T90 1970 AMC AMX Coupe; S/N A0C397P198457; Red, Black/Red; Enthusiast restoration, 3+ condition; With Reserve; Hammered Sold at $19,000 plus commission of 10.00%; Final Price $20,900 – 4-speed, air conditioning, power steering, power brakes, Magnum wheels. – Paint is very good with just a few blemishes and chip repairs. Panel gaps and fit are a little uneven. Brightwork is showing age with some scratches and pitting. Engine bay is good. Engine showing use and wear and could use a good detail as well. Underneath has been undercoated with new exhaust and brake lines. Interior is good. Steering wheel has a lot of cracks in it. Missing driver’s side seat belt. Represented as a comprehensive restoration, but it was clearly done on a budget and not done yesterday. – VIN is coded for the 360/290hp V8 but the car card claims it has a 401/325hp engine (not available until 1971.) Of such inconsistencies and a superficial restoration are inexpensive results made and this car deserves to be inexpensive.

Lot # T126.1 1990 Chevrolet Corvette ZR-1 Coupe; S/N 1G1YZ23JXL5801155; Black/Black leather; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $18,000 plus commission of 10.00%; Final Price $19,800 – Loaded with features and accessories, like every ZR1 – Fair older repaint, stone chipped windshield. Goodyear Eagle F1 tires. Surface creased original seats. Engine and underbody are used and dusty. – Bought Thursday at this result and rerun on Friday (late) as F304 but no saled at a $16,000 bid. Eight result is appropriate for a used ZR1 not even cleaned up or detailed for the auction. There are so many ZR1s out there with barely delivery mileage that trying to sell one as neglected as this means putting it in at no reserve and accepting that it’s going to bring what it’s going to bring.

Lot # T127 1975 Bricklin SV-1 Coupe; S/N 00011BX5S002582; Safety Orange, Black/Brown; Unrestored original, 3- condition; With Reserve; Hammered Sold at $12,000 plus commission of 10.00%; Final Price $13,200 – Air conditioning, American Racing wheels, AM/FM radio, power gulling doors. – From the Ray Skillman collection. Reported to be 10,179 original miles. The paint is cracked on the hood. The door sills are scuffed. The engine compartment is old and oily. Underneath is aged and oxidized. The interior is relatively unworn, just dirty. A low-mileage car, but one that was neglected for at least part of its life. – A somewhat rough example of an oddball car intended for people who wear crash helmets when they ride their bikes, this result was exactly what this car deserved.

Lot # T127.1 1970 AMC Javelin SST Fastback; S/N A0M797X112348; Olive Green, Black vinyl half-roof/Black cloth; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $33,000 plus commission of 10.00%; Final Price $36,300 – 390/325hp Go Package, 4-speed, Hurst shifter, power steering, power brakes, factory tach and gauges, console, Twin-Grip axle, pushbutton radio, Mark Donohue spoilers and trim Magnum wheels, F60-15, Polyglas GT tires. – Good paint, chrome, dash and gauges. Sound original upholstery. Good panel fits. Original undercoat in the wheel wells. Engine bay seems to have been forgotten in the restoration. Everything looks original except for the freshly painted air cleaner. Underneath looks original as well. – This is a decent car looking for a good home. It was sold at B-J WestWorld in 2005 for $16,470, then at RM’s Ft. Lauderdale auction in 2007 for $28,620. No-sales here in 2008 ($27,500), 2009 (32,000), 2010 ($27,500), 2011 ($28,000) and 2012 ($24,000) followed and little if anything appears to have been done with it during that time, which makes this transaction pretty remarkable, particularly for a car that looks like an olive in search of a martini.

Lot # T131.1 1965 Ford Fairlane 500 2-Dr. Hardtop; S/N 5K43K234764; Silver Blue/Blue vinyl; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $35,000 plus commission of 10.00%; Final Price $38,500 – 289/271hp K-code, Ford three 2-barrel intake added, 4-speed, bench seat, underdash gauges, steel wheels, hubcaps, red line tires, 4.11 Traction-Lok. – Fresh clearcoat repaint, otherwise a Plain Jane stripper that probably once had booster springs to support a tank of ‘shine. – At B-J in Palm Beach it was sold for $30,240, at WestWorld in 2005 it sold for $43,400. RM sold it in Ft. Lauderdale in 2007 for $43,200, then it no-saled here in 2009 on a $42,000 bid followed by no-sales here in 2010 ($40,000) and in 2011 ($42,000). The odometer has added 15 miles since 2007. It’s likely to be more fun than a barrel of monkeys and think of the tales that can be spun about its possible history

Lot # T145 1967 Pontiac GTO Convertible; S/N 242677K131464; Gold/Black vinyl; Black vinyl top; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $43,000 plus commission of 10.00%; Final Price $47,300 – 400/335hp, 4-speed, power steering, power brakes, Edelbrock intake, tube headers, Super Stock wheels with trim rings, Cooper Cobra tires, buckets and console, Hurst shifter, pushbutton radio. – Good clearcoat paint, thin, scuffed chrome, sound upholstery. Erratic engine compartment painted assembled. Same for the chassis and underbody. A superficial cosmetic redo to indifferent standards. – The seller claimed this was a ‘comprehensive restoration’ but the seller’s definition of ‘comprehensive’ isn’t the same as most others’. The price it brought is appropriate for the specifications, modifications, equipment and caliber of the attention it has received.

Mecum Indianapolis 2016 – Auction Report Page Three

Lot # T146 1956 Packard Four Hundred 2-Dr. Hardtop; S/N 56871776; Scottish Heather, Black, White roof/White, Burgundy vinyl; Unrestored original, 4+ condition; No Reserve; Hammered Sold at $13,500 plus commission of 10.00%; Final Price $14,850 – 374/290hp, automatic, WonderBar radio, power steering, alternator, chrome wire wheels, wide whitewalls, power windows. – Sound but scruffy everywhere. Dull old paint, dull, scuffed chrome. Dirty engine and chassis. Sound upholstery. – The seller should be overjoyed to get this much for this Packard, a car that needs so much even approaching it to look it over takes bravery.

Lot # T147 1985 Ferrari Mondial t Cabriolet, Body by Pininfarina; S/N ZFFUC15A6F0057183; Black/Black leather; Black cloth top; Original, modified for competition or performance, 3 condition; No Reserve; Hammered Sold at $26,000 plus commission of 10.00%; Final Price $28,600 – Modified with a turbocharger, Alpine CD changer stereo, Momo steering wheel, power windows, air conditioning, 18 inch 360 Modena wheels. – Fair repaint over old paint, sound interior, good top. – Sold by Mecum in Anaheim last November for $24,200 (it took two tries, both at the same bid). This is a scary car, no matter how skilled the developer and installer of the turbo package may have been. Service will be a nightmare. Having had it for only six months, the seller must be delighted to be out of it and particularly at a result that is essentially breakeven. Don’t try to register this in California.

Lot # T148 1963 Oldsmobile F-85 Cutlass 2-Dr. Sedan; S/N 631M40456; White/Red vinyl; Unrestored original, 3+ condition; No Reserve; Hammered Sold at $10,000 plus commission of 10.00%; Final Price $11,000 – 215/195hp, automatic, power steering, power brakes, pushbutton radio, bucket seats, no console, black steel wheels, hubcaps, blackwall radial tires, Offenhauser valve covers. – Clearcoated original paint with myriad, pinhole rust spots and rust bleeding out under C-pillar trim. Cracked original upholstery under old clear seat covers. Cracked windshield. Tidy unrestored engine compartment and underbody. Road grimy, dry chassis. Very good for its originality and 98,164 miles on the odometer. – Sold at Mecum Dallas in September 2014 for $16,740, and a delightful little unrestored car with an interesting engine, it has both charm and originality, is a good value at the price it brought here and will reward the new owner for some time and attention cleaning it up.

Lot # T150 1947 Lincoln Series 76H 4-Dr. Sedan; S/N 7H158448; Yellow/Grey cloth; Cosmetic restoration, 3 condition; No Reserve; Hammered Sold at $10,000 plus commission of 10.00%; Final Price $11,000 – Radio, heater, hubcaps, trim rings, whitewalls, skirts, bumper tips. – Good paint and interior, scuffed grille bar chrome, dented side trim, fresh dent in right rear fender and skirt. Edges chipped. Driver’s door sags. Chassis and underbody are mostly original, dry and dirty. Cosmetically restored to usable driver standards. – Bid to $15,000 on this lot number, rerun on Saturday as S268 and sold for this result. A big car with the Zephyr V-12 engine under the hood, it needs a lot but at this price the buyer can use it as it, clean it up a little or turn it into a long term restoration project.

Lot # T153 1973 Plymouth Duster 340 2-Dr. Hardtop; S/N VS29H3B580752; Gold, White vinyl roof/Parchment vinyl; Estimate $20,000 – $25,000; Older restoration, 2 condition; No Reserve; Hammered Sold at $22,000 plus commission of 10.00%; Final Price $24,200 – 340/240hp, automatic, 3.21 axle, power steering, power brakes, air conditioning, Rallye wheels with BFG Radial T/A tires, AM radio. – From the Barry Alexander collection. Very good paint. The rear deck lid is slightly out of alignment, as are the doors. Brightwork has all been replaced. The vinyl roof fits tight but is a little dirty. The engine compartment has been completely redone and the underbody is spotless. The interior is in fantastic shape and has little wear. A beautiful example of a seldom seen Duster. Fully restored but a bit used. – Sold at Mecum Dallas in 2011 for $29,150. Not sold at Mecum Kansas City in 2011 at a high bid of $19,000. Sold at Mecum Kansas City in 2012 for $19,610. It has to be one of the best examples of its kind out there, and bidders have once again shown their willingness to offer money toward the top of the value spectrum for this car.

Lot # T155 1987 Chevrolet Camaro IROC-Z Coupe; S/N 1G1FP21FXHL116586; White, Black/Gray cloth; Estimate $20,000 – $25,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $32,000 plus commission of 10.00%; Final Price $35,200 – 305/190hp, automatic, air conditioning, Goodyear Eagle tires, power windows, cassette player. – From the Barry Alexander collection. Represented with 320 original miles. Good paint and door alignment. The hood alignment is uneven and would not latch, and has marks on the header panel indicating it has been this way for a while. The engine and underbody are orderly, just dirty from sitting. The interior has no wear at all. A car that’s been parked and not used, but not preserved with great care. – Sold here in 2012 for $21,200, the Indy bidders either ignored this car’s few flaws or didn’t look at it up close and focused on the 320 miles. There have been several almost inconceivably high results for like-new ’80s GM pony cars at auction this year, and here’s another one. For this kind of money, you could buy a new V-6 Camaro that would embarrass an ’87 IROC in every conceivable test of performance, comfort or reliability, but this is a hobby that doesn’t always make sense. The 50% premium over the 2012 result is a good indicator of today’s collectors’ fascination with originality, and even dirt.

1973 Jeep Jeepster Commando Roadster 4x4 — Lot # T163 1973 Jeep Jeepster Commando Roadster 4×4; S/N J3F89FVA75253; Blue/Black vinyl; Grey vinyl top; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $17,000 plus commission of 10.00%; Final Price $18,700 – 258/110hp, 4-speed, Warn front hubs, wheel covers, blackwall radial tires, aftermarket cassette stereo. – Exceptionally poor old repaint full of fisheyes, dust and casually masked. Weak chrome. Sound original upholstery. Dirty original engine compartment and underbody. Rare, but deserves better paint and attention. – Sold at Kissimmee last year for $22,140 when it had 3 fewer miles showing on its odometer, this result is the embodiment of an unsatisfactory ownership experience.

Lot # T164 1957 Studebaker Silver Hawk Coupe; S/N 7210314; Red, White accent/Dark Grey leatherette; Unrestored original, 4- condition; No Reserve; Hammered Sold at $15,000 plus commission of 10.00%; Final Price $16,500 – 289/210hp, automatic, hubcaps, whitewalls, radio, heater. – A nearly unbelievably bad repaint on a filthy, grimy, sad, ugly car. Despicable hardly does it justice. – This is a horrible car with nothing going for it except it’s a Silver Hawk and it’s not rotting back into the earth. It should have been bought for half as much and then turned into a Studillac.

Lot # T165 1949 Ford Custom Club Coupe; S/N 98HA155391; Green/Dark Green vinyl, Beige cloth; Cosmetic restoration, 3 condition; No Reserve; Hammered Sold at $19,000 plus commission of 10.00%; Final Price $20,900 – Six, 3-speed, windshield visor, skirts, pushbutton radio fog lights, bumper overriders, hubcaps, trim rings, whitewalls, turn signals, Brody knob. – Orange peely repaint, good interior. Uneven gaps and erratic fits. Decent chrome except for a pitted trunk latch and thin reproduction taillight bezels. Underbody was redone assembled then driven and is dirty. A reasonable driver, but no more than that. – Sold from the B-J Showroom in 2008 for $21,500, then at B-J Palm Beach in 2010 for $17,545 and in 2012 for $22,000. It’s reasonable to conclude from the road grime that it has covered a few miles since then and that’s reflected in the price it brought here.

Lot # T167 1966 Mercedes-Benz 230SL Convertible; S/N 12013769; Dark Blue/Beige vinyl; Dark Blue top; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $54,000 plus commission of 10.00%; Final Price $59,400 – Automatic, hubcaps, trim rings, narrow whitewalls, Learjet 8-track stereo. – Chipped old repaint. Good major chrome and most trim except around the top boot cover and taillights. Interior has been replaced and is vinyl, not the leather claimed by the car card. Underbody is original, as is the dashboard. Cracked steering wheel spokes. Missing its radio tuning knob. – This isn’t the best 230SL, but it’s good enough at this price and has strong potential.

Mecum Indianapolis 2016 – Auction Report Page Four

Lot # T169 1988 Mazda RX-7 Convertible; S/N JM1FC3519J0103665; Red/Charcoal vinyl, cloth; Black vinyl top; Unrestored original, 2- condition; No Reserve; Hammered Sold at $12,000 plus commission of 10.00%; Final Price $13,200 – 5-speed, air conditioning, cassette stereo, alloy wheels, Potenza RE71 tires, power steering, power windows, power seats, power mirrors, halogen headlights. – 16,157 miles, all original and barely used. Documented with the window sticker and warranty books. – Sold here in 2012 for $14,840 which makes today’s result look reasonable for its condition and originality.

Lot # T170 1991 Dodge Stealth R/T Hatchback; S/N JB3XD64B4MY006734; Red, Black roof/Black; Unrestored original, 3 condition; No Reserve; Hammered Sold at $8,500 plus commission of 10.00%; Final Price $9,350 – Automatic cassette stereo, Eagle radial blackwalls, power windows, cruise control. – Roof paint is badly chipped and tree sap stained. Doors may have been repainted. Good original upholstery. Represented as 46,282 miles and looks like it, although not very well maintained. – At Fall Auburn in 2007 it crossed the block as a $8,600 no-sale, then sold here in 2012 for $8,500. It’s still $8,500, but before the commission this time.

Lot # T180 1969 Ford Mustang Mach 1 SportsRoof; S/N 9F02M173960; Candyapple Red, Black hood/Red vinyl; Estimate $35,000 – $45,000; Enthusiast restoration, 3+ condition; With Reserve; Hammered Sold at $32,000 plus commission of 10.00%; Final Price $35,200 – Power front disc brakes, front and rear spoilers, blackout hood with pins, rear window slats, Magnum 500 wheels, aftermarket Pioneer stereo. – Lots of sanding marks and blemishes in recent paint. Panel fit is very good with the exception of the hood. Brightwork is good with some scratches and pitting and a little overspray near the windshield. Nasty, cracked winter wipers. Engine compartment is showing some wear. Aftermarket headers, ignition, and radiator installed. Underneath was recently undercoated and appears to have new exhaust. Interior looks good. The driver’s door panel piece is broken and there is wear on the steering wheel. This would be an excellent driver to enjoy and possibly take to a local show, but it isn’t perfect. – Sold at Mecum Indy last year for $30,240. Given a year of use and enjoyment, the seller just about broke even on this car.

Lot # T184 1937 Packard 120 Business Coupe; S/N X108239; Dark Blue/Gray; Recent restoration, 2- condition; With Reserve; Hammered Sold at $42,500 plus commission of 10.00%; Final Price $46,750 – Hubcaps, trim rings, wide whitewalls, turn signals, grille guard, luggage rack, radio, clock, no heater. – Handsome paint, good chrome and upholstery. Clean underbody is nearly like new. Cracked steering wheel spokes. Dash and door cap woodgrain is poorly done but gauges are good. Chipped hood edges and lightly scratched cowl. Unusually good for a 120 business coupe. – You had to be one impressive salesman in 1937 to get a Packard Business Coupe to haul around your samples and wares. The quality of this car’s presentation is mediocre at best and the price it brought overlooks its issues.

1979 Dodge Lil' Red Express Pickup — Lot # T185 1979 Dodge Lil’ Red Express Pickup; S/N D13JS9S223937; Red/Black vinyl; Estimate $45,000 – $55,000; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $40,000 – 360/225hp, automatic, power steering, power brakes, 3.55 differential, Adventurer Package, 1 of 5118 built. – Represented with 641 original miles. Paint has quite a few chips and scratches. Paint is crazing on the front of the hood. Brightwork looks very good. Trim around the windshield is discolored. Paint is peeling off the wood in the bed. Panel fit is uneven. Engine compartment is showing a lot of wear and grime for being such low mileage. Underneath is showing a lot of surface rust and signs of fluid leaks. Interior looks good with very little signs of use. Carpet on the passenger side is askew. It seems like this truck has a lot going on with it for having such low mileage. – The consignor can be excused for turning down this bid, but not for presenting a car with an alleged 641 miles in such used and dirty condition. One or the other needs to be adjusted.

1978 Dodge Lil' Red Express Pickup — Lot # T186 1978 Dodge Lil’ Red Express Pickup; S/N D13BS8J514471; Red/Black; Estimate $35,000 – $45,000; Unrestored original, 3+ condition; With Reserve; Not sold at Hammer bid of $28,000 – 360/225hp, automatic, power steering, power brakes, air conditioning, AM/FM cassette player, Sure Grip differential, 727 Automatic transmission, 1 of 2188 built. – Represented as all original and matching numbers with 22,042 miles. Paint looks good. There are quite a few small scratches and touch ups. Two spots where the paint is really thin from being wheeled out. Panel fit is off on both doors. Brightwork has a fair amount of scratches and is discolored around the windshield. Engine bay looks ok with some grease and grime showing from use. Underneath has typical wear for the age and mileage and a little bit of surface rust. Interior looks very good with slight wear to the driver’s side carpet and steering wheel. Quite well preserved and an attention-grabbing driver-quality truck. – Sold at B-J WestWorld in 2007 for $19,800 and a year later at the same venue for $20,900. It’s an OK Express, but not exceptional and accepting the reported high bid would not have reflected badly on the consignor or the truck.

Lot # T188 1965 Chevrolet Chevelle Malibu SS Convertible; S/N 138675Z156832; Evening Orchid/White vinyl; White vinyl top; Estimate $55,000 – $75,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $48,000 – 327/300hp, 4-speed, power steering and brakes, wheel covers and whitewalls, Positraction, bucket seats, center console, AM/FM radio, clock, full gauge pack, tilt steering column, dash clock, power windows. – Beautiful and seldom seen Evening Orchid paint is in excellent condition with only two chips on the hood. Brightwork is all new. The engine compartment is very good with only mild indications of use. The underbody is very clean and correct. The interior is well sorted and the clock even works. A fantastic early Chevelle, body-off restored in 2013. – Not sold for some reason at Mecum Kansas City in 2013 at a reported high bid of $80,000. This much lower number is perfectly appropriate, even generous, and could have been taken if there was money close to it.

Lot # T196 1986 Ferrari Mondial 3.2 Cabriolet; S/N ZFFXC26A0G0062933; Red/Beige leather; Black cloth top; Unrestored original, 2- condition; With Reserve; Hammered Sold at $54,000 plus commission of 10.00%; Final Price $59,400 – Blaupunkt New York cassette stereo, power windows, SF shields. – Clean original car showing 7,942 believable miles. Lightly stretched and surface creased seats. Good original paint. Clean original underbody. – This is the right Ferrari for anyone who appreciates value, performance and exclusivity, with the added benefit of originality. It’s not a bargain, but it’s not expensive, either.

Lot # T198 1969 Chevrolet Camaro RS/SS Convertible Indy Pace Car; S/N 124679N624430; White, Orange stripes/Orange houndstooth; White vinyl top; Estimate $60,000 – $80,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – 396/360hp replacement engine from a Chevelle, automatic, 3.08 Positraction, power steering, power brakes, cowl induction hood, factory tach, console gauges, rosewood steering wheel, Rally wheels with hubcaps and trim rings, Radial T/A tires, cassette stereo. – Originally a 396/325hp. Badly worn front tires. Very good paint, interior, top and chrome. Dull stainless trim around the top boot, and doesn’t fit very well, either. Orderly underbody showing some miles appropriate to the 5,000 claimed since the restoration. A good car even with the swapped engine, but not a very good one. – This is Pace Car panache but bought without regard to the swapped engine. It would have only been a good buy $10-15,000 less than this.

Lot # T202 1969 Chevrolet Corvette 427/435 Convertible; S/N 194679S700263; Black/Black vinyl; Black vinyl top; Estimate $70,000 – $90,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $77,000 plus commission of 10.00%; Final Price $84,700 – 427/435hp, 4-speed, Rally wheels, red line tires, power brakes, tinted glass, AM/FM radio. – Represented as numbers matching NCRS Top Flight Award Corvette. Comes with restoration receipts. Paint looks excellent with a few very fine scratches and a small little chip on the edge of the hood. Convertible top looks new and fits very well. Panel gaps are just a little bit uneven. Brightwork looks very good with a few tiny dents on the windshield frame. Engine bay looks very good. Showing some signs of use. Underneath is very clean with some signs of road rash. Interior looks very good with some wear to the console near the parking break. Not restored yesterday, but still very good and sharp-looking in triple black. – No-saled at Russo and Steele in Scottsdale this January at a bid of $60,000 and back in 2010 reported bid to $85,000 at Mecum’s Bloomington Gold auction. What goes around, comes around? That may be, but this is not a bargain in an older restored ’69 Corvette even with the 427/435 under the hood. In this condition the result is fair to both the buyer and the seller.

Mecum Indianapolis 2016 – Auction Report Page Five

Lot # T212.1 1969 Chevrolet Camaro RS/SS 2-Dr. Hardtop; S/N 124379N672227; Black, White accent/Black houndstooth; Estimate $65,000 – $75,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – 396/350hp, Holley carb, 4-speed, 3.31 Positraction, power steering, power brakes, two spoilers, factory tach, console gauges, chambered exhaust, Rally wheels with center caps and trim rings, F70-15 Polyglas tires, pushbutton radio. – Freshly restored with excellent paint, chrome and interior. Engine compartment, underbody and chassis are like new. No independent documentation of the configuration. – This Camaro is so well restored that it’s possible to minimize the challenge of the lack of documentation or representations of its correct, as-built configuration. But it should not be possible to overlook it as the bidders here did in awarding it fully retail money for an undocumented car. There is no room to hedge this result; it’s just too much for what is known about the car.

Lot # T213 1971 Plymouth GTX 2-Dr. Hardtop; S/N RS23V1E103108; Blue (B5)/Blue vinyl; Estimate $70,000 – $90,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000 – 440/385hp Six Barrel, 4-speed, 4.10 Super Track Pack, headers added, power steering and brakes, air grabber hood, Rallye wheels with BFG Radial T/A tires, pistol grip shifter, AM radio, spoiler. – Excellent paint and the brightwork is in very good condition. The hood alignment is uneven and it twists at the front. The engine compartment is very clean and indicates minor use. The underbody is restored and very clean. The interior has little use since the rotisserie restoration was completed. An attractive GTX with some minor issues that do not detract much from the overall presentation. – It’s so good of Mopar to code engines in their VIN numbers in this era, so we know this GTX was built with the Six Barrel big block. Beyond that a picture of the fender tag (which we don’t have) is determinative – if it hasn’t been lost. This is appropriate money for a quality and accurately restored GTX with the Six Barrel and 4-speed in B5 Blue, a car the new owner can proudly drive and display.

Lot # T214 1968 Chevrolet Camaro Z/28 2-Dr. Hardtop; S/N 124378N447670; Matador Red, Black stripes and vinyl roof/Black vinyl; Estimate $125,000 – $150,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $115,000 – 302/290hp, 4-speed, Hurst shifter, power brakes, two spoilers, Rally wheels with center caps and trim rings, Wide Oval tires, console gauges, pushbutton radio, aftermarket air conditioning. – Represented as the matching numbers engine and ‘believed to be’ original miles at 4,146. 1996 AACA National First Prize. Very good paint, chrome, interior and roof vinyl except for flaws at both front corners of the hood. Clean, orderly engine compartment done like new and not overdone. Same for the underbody and frame. Sharp, if a bit showy in Matador Red and Black. – The bid here should have been enough even for this meticulously restored Z/28 in dealer order book trim not having fillips like the crossram dual quads or 4-wheel disc brakes.

Lot # T216 1956 Ford Thunderbird Convertible; S/N P6FH287876; Black, Black hardtop/Black, White vinyl; No top; Estimate $30,000 – $40,000; Older restoration, 3- condition; No Reserve; Hammered Sold at $26,500 plus commission of 10.00%; Final Price $29,150 – 312/225hp, automatic, cassette stereo, wheel covers, whitewalls, porthole hardtop only, power steering, power brakes. – Poorly masked, chipped old paint with many prep flaws showing. Sound older upholstery. Good major chrome but pitted door posts and thin, scratched side window frames. Blistered dash top cover. Never very good, now it is not very good plus tired and used. – This is an exceptional price for a seriously tired one-top ’56 T-bird.

Lot # T216.1 1970 Jaguar XKE SII Roadster; S/N 1R11629; Red/Black leather; Black cloth top; Estimate $40,000 – $65,000; Cosmetic restoration, 3- condition; No Reserve; Hammered Sold at $58,000 plus commission of 10.00%; Final Price $63,800 – Chrome wire wheels, Nitto blackwall radials, AM-FM. – Fair quality older repaint. Good upholstery with a worn driver’s seat. Underbody is clean but not restored. Good chrome. Small dent in the rear bumper and passenger’s door trim. Poor quality repro grille bar with draw marks and poor chrome. A decent but not impressive driver. – Good luck with this generously priced E-type. Until it’s disassembled and restored it will invite excuses and at this price restoration is out of the question. Drive it for a summer then unload it at whatever it’ll bring and be carefree. For once the auction’s pre-sale estimate was realistic.

Lot # T217 1954 Jaguar XK 120 Drophead Coupe; S/N 677994; Red/Black vinyl; Black leatherette top; Estimate $60,000 – $80,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $67,000 plus commission of 10.00%; Final Price $73,700 – Chrome wire wheels, bias ply blackwall tires, fender mirrors, tri-bar headlights. – Underbody painted assembled. Engine compartment is aged and oily. Good interior wood, upholstery and top. Good paint. A usable, and driven, older cosmetic restoration. – Let’s think about this for a minute. A good XK 120 DHC is $110K. A bad one, needing everything is $55,000. In between is this XK 120 DHC. It has needs, but nothing that prevents it from being used. Put in the middle of the range cited this would be $82,500. This one is not a great buy at this price, but it’s on the good value side of the curve.

Lot # T218 1957 Ford Thunderbird Convertible; S/N D7FH329774; Dusk Rose, White hardtop/White vinyl; Estimate $30,000 – $40,000; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $47,000 plus commission of 10.00%; Final Price $51,700 – 312/245hp, automatic, power steering, power brakes, wheel covers, bias ply whitewalls, porthole hardtop only, AM-FM. – Good paint, chrome and interior. Orderly engine compartment. Cosmetically restored a while ago and driven but reasonably maintained. – Appropriately valued for a one-top ’56 T-bird in sound driver condition.

Lot # T218.1 1986 Ferrari 328 GTS Spider; S/N ZFFXA20A1G0060333; Red, Black leatherette roof panel/Beige leather; Estimate $45,000 – $65,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 – Air conditioning, power windows, built in Spectrum radar detector, aftermarket cassette stereo. – Poor repaint with fisheyes and overspray in the wheel wells. Surface cracked and soiled original upholstery. 28.968 miles, but looks like more. No service history described but it is a U.S. delivery car. – The car card read, ‘In recent years, the 308 and 328 Ferraris have been commanding higher figures on the market, and their value continues to climb. It’s thought that now is an excellent time to invest in a good example to enjoy and potentially see a nice return on investment in the near future.’ And if you believe that, there’s a Roebling-built bridge between Manhattan and Brooklyn that could have your name on it. This result isn’t, in today’s exaggerated 308/328/348 market, egregious. It’s just expensive.

Lot # T219 1950 Chevrolet Styleline Deluxe Bel Air Hardtop; S/N 2HK35520; Black/Gray vinyl, Beige cloth; Estimate $20,000 – $30,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $17,000 plus commission of 10.00%; Final Price $18,700 – 216/92hp, 3-speed, split exhaust manifold, clock, heater, skirts, hubcaps, sombrero trim rings, whitewalls, bumper overriders, curb feelers, Impala hood ornament, dual outside mirrors. – Mediocre repaint over old, shrinking paint. Good upholstery. Crazed gauge and clock lenses. Wiper scratched windshield. Orderly engine compartment and underbody. Good chrome and stainless. – If you don’t like this Chevy you’re not old enough. It’s jazzed up a little (as you might be able to afford from the J.C. Whitney catalog in 1955 when you couldn’t afford a new V-8 Chevy). It’s done right without being overdone although many details have been subsumed by driving enjoyment. Still, if you’re of a certain age, this is a choice Chevy and an economical wander down nostalgia road.

Lot # T220 1973 Chevrolet Corvette Coupe; S/N 1Z37J3S432560; Mille Miglia Red/Saddle leather; Estimate $15,000 – $20,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $15,000 plus commission of 10.00%; Final Price $16,500 – 350/190hp, automatic, air conditioning, Edelbrock carb and intake, T-tops, cassette stereo, Rally wheels with hubcaps and trim rings, Radial T/A tires. – Good repaint and original interior. Scuffed stainless trim. Old dirty undercoat. Just a car showing 27,996 believable miles. – How far does this Corvette miss the bullseye reading ‘ordinary’? Air conditioning? Leather upholstery? T-tops? None of the above? ‘D’ is the answer. It hits the ‘ordinary’ bullseye dead center. Its price is a few thousand dollars what it could have been, but not egregious.

Mecum Indianapolis 2016 – Auction Report Page Six

Lot # T222 1963 Chevrolet Corvette Coupe; S/N 30837S116621; Silver Blue/Black leatherette; Estimate $90,000 – $110,000; Unrestored original, 4+ condition; With Reserve; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 Unnumbered engine said to be 327/300hp with stamped steel valve covers and an unreadable engine number, 4-speed, radio delete, spinner wheel coves, F78-15 narrow whitewalls, heater, – Repainted over fair prep. Gouged left headlight bucket, cracked right headlight corner. Sound original upholstery, dirty console trim. Filthy engine compartment. Scratched bumpers. Needs a lot and nothing about it contains the phrase ‘original’ except the seat coverings. – This is a $40,000 car for which 50% more was paid. The Split Window mystique continues to work its wonders.

Lot # T227 1969 Chevrolet Camaro SS Convertible; S/N 124679N650791; Cortez Silver, Black/White vinyl; Black top; Estimate $60,000 – $80,000; Recent restoration, 2- condition; With Reserve; Hammered Sold at $56,000 plus commission of 10.00%; Final Price $61,600 – 396/325hp, automatic, power steering, power brakes, front disc brakes, front and rear spoilers, console, bucket seats, SS wheels, Polyglas tires, 12-bolt rear end, tilt steering column. – Recently restored. Represented as numbers matching. Paint looks amazing with next to no flaws. Convertible top looks new and fits very well. Panel gaps are a little uneven. Brightwork looks very good with only a few minor flaws. Engine bay looks excellent and showing has no wear. Underneath looks to have been recently undercoated with minimal signs of road use. Interior looks new with the exception of the console and seat belts that are showing wear and are faded. Almost like new and very pretty. – Two things stand out in missed indications of competent and conscientious restorations. The first is about competent and it’s stuffing old, pitted, scratched door handles with thin chrome back into doors as the restoration/auction deadline gets close. The other is faded, frayed, thin old safety belts left in place as in on this car. Is the next owner’s life worth so little that a set of accurate replacement belts can’t be fitted? They’re not hard to find. They’re built to today’s safety standards. It takes no time to acquire and have them delivered. So, why would anyone spend thousands of dollars and hundreds of shop hours and then put back in a set of old, frayed, sun burned old safety belts? ‘Rushed’ is the most plausible answer, and it translates into ‘rushed’ attention to other details that may not be apparent upon visual inspection. At the price this Camaro brought the new owner can afford to put in some new belts, but what other shortcuts were taken? The price is reasonable but not necessarily sensible.

Lot # T236.1 1972 Chevrolet Chevelle SS 2-Dr. Hardtop; S/N 1D37U2R521976; Cream Yellow, Black/Black vinyl; Estimate $50,000 – $60,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $45,000 – 402/240hp, automatic, power steering and brakes, added Edelbrock intake manifold and headers, air conditioning, SS wheels, vinyl roof, console and AM/FM radio, hood pins. – Good paint. Deck lid is out of alignment and the doors are slightly uneven. The bumpers appear replaced and the brightwork appears new. The engine compartment is very clean. The underbody has been redone and has some minor road grime. The interior is very clean and orderly. A good looking Chevelle with tasteful upgrades. An excellent driver but nothing extraordinary. Power was well down in the Chevelle by 1972, but it looked just as good and in loud colors like this is just as attention-grabbing as an earlier car. – Mecum’s presale estimate was a little bit ambitious and so were the consignor’s expectations. The reported high bid was a fine offer, and really should have been taken if there was money close to it.

Lot # T261 1963 Chevrolet Impala SS 2-Dr. Hardtop; S/N 31847T227960; Engine # None; White/Aqua vinyl; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $18,000 plus commission of 10.00%; Final Price $19,800 – 327/300hp, 4-speed, buckets and console, factory dash mounted tach, pushbutton radio, underdash engine gauges, wheel covers, narrow whitewall radial tires. – Good paint, chrome and interior. Orderly but unrestored and dirty engine compartment. Surface rusted original frame and chassis, repainted wheel wells. Flat panels and even gaps. A quality older cosmetic redo with potential to be better and no documentation of its configuration. – How could anyone care, in even the slightest degree, about matching numbers at this price? This is a sweet car and it’s cheap. Really cheap, a momentous bargain that could be parted out for more than the price paid.

Lot # T263 1962 Chevrolet Corvette Convertible; S/N 20867S108294; Engine # None; Red, Red hardtop/Red vinyl; White vinyl top; Cosmetic restoration, 3 condition; Hammered Sold at $43,000 plus commission of 10.00%; Final Price $47,300 – 327, 4-speed, aluminum aftermarket radiator, fan clutch, cassette stereo, spinner wheel covers, narrow whitewall radial tires, two tops. – Sound and attractive paint, chrome and interior. Orderly but dusty engine compartment superficially but thoroughly covered in chassis black. The chassis didn’t get even that much attention and is old, dry and dusty. – Buy a 1962 ‘327’ Corvette, as this car was sketchily represented, and you buy n-o-t-h-i-n-g, which makes the price this Corvette earned a bet on a competent but not concours restoration. It’s a sound buy and a good driver.

Lot # T264 1936 Ford Model 67 Panel Delivery; S/N 132864258; Vineyard Green/Black leatherette; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $35,000 – 221/85hp, 3-speed, opening windshield, outside mirror, single sidemount, no heater, grille guard, hubcaps, trim rings, wide whitewalls. – Very good paint except for two stress cracks over the doors and some small chips on the right front fender. Engine and chassis are restored like new. Cargo compartment wood is painted green to match the body. Despite a few shortcomings this is an outstanding truck. – There is little to quibble about with this Ford Panel Delivery except how the bidders put values upon it. They were off the mark with the reported high bid here for a classic Ford V-8 restored to like new condition.

Lot # T265 1967 Land Rover Series IIA 88 Utility; S/N 24423129B; Red, Cream roof/Gray vinyl; Truck restoration, 3- condition; With Reserve; Hammered Sold at $26,000 plus commission of 10.00%; Final Price $28,600 – Warn front hubs, Koenig winch, fender mirrors, heater, two spares, sliding door windows, cream wheels, Goodyear Wrangler radial tires. – Orange peely repaint applied on an assembled body. Good upholstery and interior trim. Frame and suspension are old and surface rusted. A superficial cosmetic redo to disappointing standards but off-roadable. Winch is for show (the driveshaft isn’t connected), consistent with rest of the vehicle. – A Land Rover is a quality vehicle, but the presentation of this one is far from what the marque deserves. Bidders declined to pay for the Land Rover mystique and instead recognized the deficiencies of this example.

Friday

Lot # F16 1974 Chevrolet C10 Custom Deluxe Pickup; S/N CCV1441163400; Hawaiian Blue, White/Slate Blue vinyl with cloth inserts; Unrestored original, 2- condition; With Reserve; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000 – 350/160hp, automatic, bed rails, full wheel covers, Z62 package, power steering, AM radio, 8-track player, roof lights. – Unrestored and showing 17,697 miles. Paint looks really good with some very minor scratching throughout. Brightwork looks very good with some very minor scratches here and there. Small ding on the passenger side front fender. Panel fit is slightly uneven. Engine bay is showing typical wear for age. Underneath looks good, but is showing some surface rust on the exhaust and driveshaft. Interior is very clean with some slight wear to the steering wheel and driver side of seat. Some minor scratches in the bed, but still very good condition. A beautiful, well maintained truck spared from the kind of hardship that most C10s endured. – Most C10s would bring $25-30,000 restored so the bidders stepped right up to snag this beautifully preserved example at what is, and deserves to be, a restored truck price. It was a rare opportunity and the bidders didn’t let it get by unnoticed.

Lot # F19 1972 Pontiac Grand Prix Model J 2-Dr. Hardtop; S/N 2K57T2P169936; Cardinal Red, Black vinyl roof/Black vinyl; Visually maintained, largely original, 3 condition; With Reserve; Not sold at Hammer bid of $8,000 – 400/250hp, automatic, power brakes and steering, Rally II wheels, narrow whitewalls, console, aftermarket cassette radio, power windows. – Old, dull paint with cracking around the drip edges and the rear bumper is heavily scratched and pitted. The engine alone has been repainted although the rest of the engine compartment is dusty and dull. The underbody is dirty and the interior is old, dull and the driver’s door handle inside is missing trim. An interesting car that is a solid platform as an inexpensive cruiser or a straightforward restoration project. – Sold at Mecum Indy last year for $10,800, which was more than it was really worth then and still is now. The reported high bid here was more like it, and should have been taken.

Mecum Indianapolis 2016 – Auction Report Page Seven

Lot # F23 1966 Lincoln Continental Convertible; S/N 6Y86G424063; Platinum/Navy Blue leather; Blue vinyl top; Visually maintained, largely original, 3- condition; With Reserve; Not sold at Hammer bid of $28,000 – 462/340hp, automatic, wheel covers, air conditioning, power windows, power locks, power antenna, power top, AM radio. – Represented as matching numbers with one repaint and 69,820 actual miles. Paint looks good with some small chips on panel edges and particles in the paint from poor prep work. Brightwork looks very good with some scratches. Panel gaps are uneven in a few different places. Convertible top is showing a little age, but is still in good shape. Engine bay is original and showing some grime and typical wear, deserves a good cleaning. Interior looks very good, some wear showing on the seat and door panels. Mostly original other than some intermittent cosmetic attention. A car with potential not realized in its indifferent presentation here. – One of several elegant, low miles Continentals at Indy, this one failed to impress the bidders even though the reported high bid was more than enough to separate it from its owner in its current neglected condition.

Lot # F30.1 1961 Plymouth Fury 2-Dr. Hardtop; S/N 3319134334; Coral/Silver vinyl, Gray cloth; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $49,000 plus commission of 10.00%; Final Price $53,900 – 383/330hp Sonoramic Commando, long crossram dual quads, factory 4-speed, 90 degree knee knocker tach, pushbutton radio, Motorola Vibrasonic reverb, buckets, no console, dual outside mirrors, chrome wire wheels, whitewalls, power steering. – Chrome air filters and polished intake runners show off that magnificent engine more usually seen in Chrysler letter cars. Very good paint, chrome and interior. Underbody and chassis painted assembled. A sound and usable cosmetic restoration that deserves to have its hood up at all times. – But for the fact that the ’61 Plymouth is one of the most confused, extravagantly ugly designs of all time this would be a wonderful automobile, not only the magnificent engine but even with a factory 4-speed that’s hardly ever seen in a Fury of this period. It was sold at Spring Auburn two years ago for $28,600 and found its market here in Indy but it is a rare and valuable conversation piece even at this price.

Lot # F39 1974 Toyota Land Cruiser FJ40V Utility; S/N FJ40168164; Tan, White/Black vinyl; Recent restoration, 2- condition; With Reserve; Hammered Sold at $41,000 plus commission of 10.00%; Final Price $45,100 – 3.9/155hp, 4-speed, hub caps, power brakes, roof rack, rear-mounted spare, rear jump seats, console. – Body-off restored in 2012. Paint looks very good with just a few tiny spots where more prep work would have helped. Panel fit is very good. Glass and weather stripping looks new. Engine compartment is very clean and showing very little use. Underneath looks excellent other than very slight surface rust starting between leaf springs. Interior looks new with no wear. Floors have been bed lined. Well restored and lightly used, but not overdone. – The big scramble for FJs that saw consistently huge prices stopped last year, and prices have been all over the place since. This example showed up late to the FJ party and achieved a low but not inappropriate price.

Lot # F49.1 1957 Chevrolet Bel Air Convertible; S/N VC57S295555; Engine # F712FC; Tropical Turquoise/Turquoise, White vinyl; White vinyl top; Older restoration, 3+ condition; Hammered Sold at $51,000 plus commission of 10.00%; Final Price $56,100 – 283/220hp with dual quads added, bat wing air cleaner, Powerglide, no power steering or brakes, cassette stereo, remote spotlight, skirts. – Repair visible under the paint on top of the left front fender. Wavy right sill and door bottom. Good chrome, interior and top. Clean, dry painted underbody. Orderly restored engine compartment with some age and use. Not pristine, but more than good enough to be enjoyed. – Sold at Kissimmee three years ago for $69,960 and offered at Houston a month ago with a reported high bid of $52,000. The consignor took that lesson to heart and accepted this reasonable and appropriate, if slightly smaller, bid. A few years ago ’57 Bel Air convertible clustered close to six-figures, if not over, but they’ve tapered off recently and this is an appropriate price in mid-2016.

Lot # F50.1 1981 Pontiac Firebird Trans Am Turbo Coupe; S/N 1G2AW37T0BN111787; Black, Gold/Gold; Unrestored original, 2- condition; With Reserve; Not sold at Hammer bid of $55,000 – 301/200hp Turbo, automatic, 4-wheel disc brakes, air conditioning, cruise control, Uniroyal tires, power windows and locks, cassette player, tilt steering column, PHS documents. – Reported to have 3,690 original miles. The paint is aged and has scuffing scratching from improper paint care. The engine compartment is dull but shows little use and the underbody is not oxidized. The interior is the only part that has been maintained like new, as the seats are still in plastic. The big thing going for this Trans Am is the low miles, but slightly better condition would be expected considering how little it’s been used. – Base MSRP was $12,257 in 1981 and no matter how the intervening 35 years are parsed or discounted, putting this Turbo Trans Am away with 3,690 miles on it was a loser. The reported high bid was all the money for it, if not a generous concession to originality.

Lot # F53.1 1962 Pontiac Grand Prix 2-Dr. Hardtop; S/N 962S2056; Engine # 437726 36P 863S4888; Aquamarine/Cameo Ivory; Older restoration, 3+ condition; With Reserve; Hammered Sold at $30,500 plus commission of 10.00%; Final Price $33,550 – 389/?, Tri-Power, factory 4-speed, power steering, power brakes, 8-lug wheels, buckets and console, heater, pushbutton radio, tinted glass. – Good paint with a stress crack below the right C-pillar. Orderly restored engine compartment. Underbody and frame recently resprayed over old paint and undercoat. Front valance replaced, not painted inside and surface rusted. Sound chrome, pitted taillight housings, lightly scuffed stainless. An attractive GP with some miles and shortcuts in its preparation. – The engine number is an issue, but it’s pretty much made up by the Tri-Power setup and 4-speed which set this GP apart from most of its counterparts. It is a sound value at this price, but may be even more fun to drive than its price indicates.

Lot # F56 1951 Crosley Hot Shot Super Sport Roadster; S/N VC30127; Yellow/Red vinyl; Black cloth top; Older restoration, 3 condition; No Reserve; Hammered Sold at $18,000 plus commission of 10.00%; Final Price $19,800 – 44 cubic inch CIBA sohc engine, 26.5hp, 3-speed, heater, radio, rear deck mounted spare, side curtains, top, doors, drum brakes. – Old but sound paint, interior, top and chrome. Fully equipped. Lightly road grimy chassis and engine compartment. Restored to the mediocre standards appropriate to a Crosley’s value, then driven but still a wonderful little piece of history. – I’m still looking for a COBRA-engined Crosley, and for one that retained the troubled but innovative Hydra-disc aircraft-style disc brakes. Even among full-size cars Crosley can claim many innovations (like the disc brakes) and is capable of being tuned up to produce Abarth-level performance from its little engine. This is a sound and complete Hot Shot Super Sport and it deserved most if not all of the price it received.

Lot # F60 1963 Chevrolet Corvair Monza Spyder Convertible; S/N 30967W128544; Saddle Tan/Saddle vinyl; White vinyl top; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $18,500 plus commission of 10.00%; Final Price $20,350 – 145/150hp turbocharged, 4-speed, centerlock chrome wire wheels, narrow whitewalls, pushbutton radio, dashtop clock, bucket seats, clear Plexiglas engine cover. – Very good clearcoat paint and interior. Old undercoat. Good chrome. An impressive cosmetic restoration to nearly showroom condition. – The see-through engine cover is a treat and indicates the pride someone took in the specification of this Monza Spyder early in its life. It was sold by Auctions America in Burbank in 2013 for $9,350, then crossed Mecum’s Monterey auction block a year later with a reported high bid of $18,000. That it sold here for about the same hammer bid is indicative of a fairly static market and is an intriguing, even charming, car for a respectable price.

Lot # F60.1 1983 Oldsmobile Cutlass Hurst Coupe; S/N 1G3AK479XDM447346; Black, Silver, Red/Burgundy vinyl with cloth inserts; Unrestored original, 2 condition; With Reserve; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000 – 307/180hp, automatic, air conditioning, cruise control, power antenna, T-Tops, SS II wheels, bucket seats, Hurst Lightning Rod shifter, cassette player. – Represented with 4,784 original miles. The paint is excellent and all the gaps are factory. The engine is spotless as well as the underbody and interior. A well preserved car with few indications of use. Has to be one of the better examples of its kind around. – Nostalgia commands a premium, even with these malaise era muscle cars. This probably went to someone who either wanted one of these or had one when it was new, and there had to be at least one other person in the room who felt the same because anything over 20 grand, let alone 30 grand, for a 1983 Oldsmobile with 180 horsepower is a jaw-droppingly high price.

Lot # F69 1966 Chevrolet Chevy II 2-Dr. Sedan; S/N 113116W133625; Ermine White/Red vinyl, cloth; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $40,000 plus commission of 10.00%; Final Price $44,000 – 327/350hp, 4-speed, radio delete, heater, body color wheels, hubcaps, bias ply blackwalls – Excellent paint, straight body, new brightwork. The engine compartment has been meticulously redone as well as the underbody. The interior has been completely replaced. The engine does appear to have a re-stamped code and is described only as ‘correct L79 components’ and ‘date correct engine, transmission and rear end’. A very well done restoration to better than new condition. – Sold here a year ago with three fewer miles showing on its odometer for $48,600. From the description it is impossible to conclude that this is the way it was originally built, but it has been done to high standards and brought a price that implicitly accepts this as its original configuration, if not the original bits. Now comes the hard question: Why buy a really good driving car, own it for a year, and only put on-and-off-the-block miles on it? Isn’t it supposed to be about the driving experience?

Mecum Indianapolis 2016 – Auction Report Page Eight

Lot # F69.1 1964 Volkswagen Type 2 Microbus 21-Window; S/N 246087927; Engine # H7297806; Maroon, Beige/Beige vinyl; Tan cloth top; Older restoration, 3+ condition; With Reserve; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500 – Blaupunkt dual band radio, 3-row seating, beige wheels, hubcaps, whitewalls, folding sunroof, bumper overriders. – Engine number pad milled off and restamped. Sound older paint and interior. Clean restored underbody and orderly engine compartment. Peeling chrome on right front door handle. A good older restoration with age and a few miles. A good driver for a large family. – Been looking for a home for a while? Before finding a new buyer here it no-saled at Auburn Spring in 2014 at $90,000, here at Indy last year at $77,500, then at Russo and Steele in Scottsdale in January of this year at $74,000. It had been given enough transporter rides and the consignor resolved to take the money which fortunately was here.

Lot # F70 1964 Ford Galaxie 500 2-Dr. Sedan; S/N 4P66R158979; Wimbledon White/Black vinyl; Older restoration, 2 condition; With Reserve; Hammered Sold at $52,000 plus commission of 10.00%; Final Price $57,200 – 427/425hp, 4-speed, VDO tachometer, hub caps, bench seat, dual quads, 4.11 rear end, tinted glass. – Body-off restored. Represented as numbers matching R-Code. Paint is very good. There are a few minor blemishes from poor prep work. Brightwork looks very good with a few very minor scratches. Panel gaps look great. Engine is very well restored, but not overdone. Underneath is very well done and showing very little wear. Interior looks new with only slight wear showing on the steering wheel. One of 212 R-Code Galaxies built in 1964. This car was restored very well without going over the top. – Hammered not sold at Mecum Indy last year at a high bid of $80,000, a generous number that should have been taken, then no-saled at Auburn Fall in September on a $75,000 bid, especially when you look at the modest but not downright cheap result the car achieved here in Indy. The new owner should be satisfied with the excellent car and the modest price it brought.

Lot # F72.1 1970 Plymouth Road Runner Superbird 2-Dr. Hardtop; S/N RM23V0A167047; FY1 Lemon Twist Yellow, Black vinyl roof/White vinyl; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $125,000 plus commission of 10.00%; Final Price $137,500 – 440/390hp Six Barrel, automatic, power steering, power brakes, pushbutton radio, underdash FM converter, Rallye wheels, center caps, trim rings, F60-15 Polyglas GT tires, hood pins. – Good repaint, otherwise a sound mostly original car showing 27,884 believable miles. Window sticker and broadcast sheet documented. – This is a choice Superbird, highly original, convincingly documented and impressively presented. It was a no sale at Indy a year ago at $110,000 and at Auburn Fall at $100,000. The seller found his sweet spot here in Indy this year, but so did the buyer who got a rare Superbird for a reasonable price.

Lot # F76 1986 Oldsmobile Cutlass 4-4-2 2-Dr. Hardtop; S/N 1G3GK4794GP369157; Black, Gray/Maroon vinyl with cloth inserts; Unrestored original, 2 condition; No Reserve; Hammered Sold at $17,000 plus commission of 10.00%; Final Price $18,700 – 307/180hp, automatic, air conditioning, SS II wheels, T-Tops, bucket seats, console, full gauge pack, cassette player. – Represented as a one-owner car. Very good original paint with factory panel gaps and alignment. The engine compartment and underside are surprisingly clean and untouched for a car of this age and 27,116 miles. The interior is almost unused. A well preserved example of a seldom seen Oldsmobile these days. – Not as unbelievable as the 1983 Hurst a few lots before it (F60.1), but still a very high price that the seller should be thrilled with. More style than performance.

Lot # F82 1932 Plymouth PA Roadster; S/N 1722986; Yellow, Tan fenders/Tan leather; Tan cloth top; Older restoration, 2- condition; No Reserve; Hammered Sold at $21,000 plus commission of 10.00%; Final Price $23,100 – Yellow wire wheels, wide whitewalls, dual sidemounts with strap-on mirrors, chrome bumpers, rumble seat, dual horns, chrome top frame, rollup windows. – 2012 AACA National First Prize # W26864. Good paint, chrome, interior and top. Engine compartment is nearly like new. Frame and chassis are oily and generously coated with road grime. A quality restoration that got its awards and then was toured and still has the potential to show with a bit of work to clean it up but wasn’t presented up to its potential. – Sold for $42,400 at Kissimmee three years ago and not kept up, but enjoyed. The seller got good value from the car on tours but took a hit for its deteriorated condition. The new owner saw the potential for a comprehensive cleanup and found real value at this price.

Lot # F85 1965 Chevrolet Chevelle Malibu SS 2-Dr. Hardtop; S/N 138375A142596; Crocus Yellow/Black vinyl; Recent restoration, 2 condition; With Reserve; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 – L79 327/350hp, 4-speed, Protect-O-Plate, full wheel covers, red line tires, floor shift, Hurst shifter. – Comprehensive body-off restoration. Paint looks immaculate. Panel gaps are excellent. Brightwork looks brand new. New weather stripping on the windows. Engine compartment is very well restored, but not overdone. Underneath is just as clean as on top. Interior looks new and well done except for the center console that has some pitting to it. Amazingly well restored car with only a few things that were overlooked. – Hammered not sold at this sale last year at a high bid of $47,000, which wasn’t an unfair offer. The consignor was able to enjoy the car for another year and got a lot luckier the second time around, finding a buyer that fell in love and was willing to pay a superior price for a high output smallblock Chevelle. This is a desirable car, but it came with an expensive price tag.

Lot # F90 1971 Pontiac GTO Judge 2-Dr. Hardtop; S/N 242371G101538; Aztec Gold/Black vinyl; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $55,000 – 455/335hp, 4-speed, power brakes and steering, Rally II wheels with Uniroyal Tiger Paw GTS tires, hood tach, bucket seats with console, power windows, AM radio with 8-track player, PHS paperwork. – Good paint. The rear bumper has some scuffing as well as the rear window trim and the door gaps are uneven. The engine compartment is clean although it has been used. The underbody has been cosmetically redone and has some grime. The interior is in good condition with only a slightly worn steering wheel. Fully restored but used since and currently in very good driver condition. – Aztec Gold doesn’t have close to the impact of Orbit Orange or Carousel Red and that may have weighed on this Judge’s decision but even at that the reported high bid is woefully short of this Judge’s value.

Lot # F90.2 1964 Ford Galaxie 500 XL 2-Dr. Hardtop; S/N 4E68X278037; Wimbledon White/Red vinyl; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $19,000 plus commission of 10.00%; Final Price $20,900 – 352/250hp, automatic, power steering, pushbutton radio, FM converter, Sears air conditioning, heater, buckets and console, wheel covers, narrow whitewalls, dual outside mirrors, padded dash top. – Sound clearcoat repaint over old paint. Good original interior, good replaced, replated and polished chrome. Orderly engine compartment with some repainted. Old undercoat in wheel wells. Pitted outside mirrors under new chrome. – This is ‘just a car’ but one with quite an Indy history, crossing the block annually from 2009 through 2012 with bids in the high $20’s without selling. The car card says the paint is original, but it’s been repainted and the chrome has been done. The price it finally brought is realistic for what it is, an enjoyable if ordinary weekend cruiser.

Lot # F116 1936 Cadillac Series 70 Convertible Coupe, Body by Fleetwood; S/N 3111479; Olive Green/Tan leather; Tan cloth, Green binding top; Estimate $130,000 – $150,000; Older restoration, 1- condition; With Reserve; Hammered Sold at $132,500 plus commission of 10.00%; Final Price $145,750 – Dual enclosed sidemounts with mirrors, large hubcaps, wide whitewalls, Trippe lights, rumble seat, radio. – CCCA National First Prize #2071. A quality older restoration recently freshened mechanically and with new paint. No longer a show winner but still a luxury Full Classic ™ that will show proudly at the end of a day’s comfortable touring. – Sold six months ago at Mecum’s Anaheim auction for $154,000 were it was a sound buy in a quality automobile. It is an even more sound buy at this result and while the seller is out of pocket no small amount of money the buyer should be very satisfied with the value and with the car.

Mecum Indianapolis 2016 – Auction Report Page Nine

Lot # F119 1970 Chevrolet Chevelle SS 454 Sport Coupe; S/N 136370R244680; Black, White stripes/Black vinyl; Estimate $90,000 – $110,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $75,000 – 454/450hp LS6, automatic, power steering, power brakes, cowl induction, bench seat, tilt steering column, factory gauges, pushbutton radio, 3.31 Positraction, SS wheels, trim rings, Wide Oval tires. – Represented as the original engine and Turbo Hydramatic. Protect-o-Plate documented. Very good paint, chrome and interior. Engine compartment and underbody are like new and it even has its full complement of smog equipment. Done well and not overdone. – What an interesting combination of equipment with the LS6, automatic and 3.31 rear axle, a setup that should be a storming high speed cruiser on the highway while the LS6 has more than enough torque to light up the tires even with the long rear gear. The restoration is above reproach, as is the original equipment, and the seller sensibly decided to wait for a better offer.

Lot # F120 1969 American Motors AMX Coupe; S/N A9M397X170908; Dark Blue/Silver vinyl; Estimate $45,000 – $65,000; Enthusiast restoration, 2- condition; With Reserve; Hammered Sold at $39,000 plus commission of 10.00%; Final Price $42,900 – 390/315hp, 4-speed, stripe delete, Rim Blow steering wheel, Magnum 500 wheels, red line tires, radio. – Represented as the original engine. The paint is beautiful with no flaws. Brightwork looks very good. Some flaws on the rocker panel pieces. Panel fit is very good. Rear plastic between the taillights is cracked. Engine compartment is very clean and showing very little wear. Underneath looks to have been restored a while ago and is showing some wear and tear. Interior is excellent and showing next to no wear. Represented as a recent restoration. It’s gotten significant recent restoration work, but not everything is quite like new. It’s still a strong car, though. – One of the better of the AMXs in Indy this year, this car actually found an appreciative audience and was bid to a solid price that the seller should be quite happy with.

Lot # F123 1957 Chevrolet Bel Air Nomad Station Wagon; S/N VC57S171663; Black, White roof/Red, black; Estimate $50,000 – $65,000; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $56,000 plus commission of 10.00%; Final Price $61,600 – 283/220hp, Powerglide, power brakes, power steering, factory style air conditioning, pushbutton radio, spinner wheel covers, whitewall bias ply tires. – Lumpy, filled right rocker panel. Generally flawed old paint, sound interior under clear plastic covers. Dirty old undercoat, dirty engine compartment, wiper scratched windshield. Dull stainless windshield trim. Not exactly bad, but far from good except as a weekend driver. – Easily one of the most desirable of all Fifties collector cars, the ’57 Nomad is a delicate and effective combination of ’57 Chevy fins and the extended roofline and sloped rear hatch. It just looks ‘right’. This isn’t a good one, but it looks good and the bidders might be excused from looking too closely at it or recognizing its many faults. This is more money than this Nomad’s condition deserved, but not a lot.

Lot # F124 1967 Shelby Cobra 427 Roadster; S/N CSX3295; White/Black leather; Estimate $1,100,000 – $1,300,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $1,100,000 plus commission of 10.00%; Final Price $1,210,000 – 6-spoke centerlock Halibrand alloy wheels Eagle GT II tires, black side exhausts, black paperclip rollbar, wind wings, grille and trunk guards. – Not fresh, but very nice. Freshly painted in the original color. Documented history, good original interior. Not quite like new but extremely well maintained with 20,209 miles from new. Joe McMurrey collection. – Cataloged with 20,165 miles, Joe McMurrey brought the total up to 20,209 at the auction, not to let it get away without refreshing his experience. This is a solid, largely original car in condition as good as anyone could want and is worth every penny of the price it brought.

Lot # F125 1965 Shelby Mustang GT350 Fastback; S/N SFM5S041; White, Blue stripes/Black vinyl; Estimate $350,000 – $450,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $500,000 plus commission of 10.00%; Final Price $550,000 – 289/306hp, 4-speed, side outlet exhausts, Shelby 5-spoke alloy wheels, Goodyear blackwall bias ply tires dashtop gauges, Hurst shifter, hood pins, woodrim steering wheel. – Restored like new with excellent paint, bright chrome and good original interior. The restoration dates back to the early 90’s but still looks great. Documented history from new. Joe McMurrey collection. – Sold in 2006 at Russo and Steele in Arizona for $297,000 and offered at Worldwide’s Hilton Head auction later that year without selling. An early Shelby GT350 with many early features and a documented history, but even at that no one expected it to bring this much Still, if you want an early GT350 sometimes you just suck it up and hold your paddle in the air, which is what the successful bidder here did.

Lot # F126 1968 Shelby Mustang GT500KR Convertible; S/N 8T03R210167-03546; Yellow/Black vinyl; Black vinyl top; Estimate $175,000 – $225,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $180,000 plus commission of 10.00%; Final Price $198,000 – 428/335hp, 4-speed, 3.50 Traction-Lok, power top, power steering, power brakes power top, tilt steering column, 10-spoke alloy wheels, Tiger Paw tires. – Very good paint, small crack in a hood scoop corner, hood has abraded two small scrapes on the cowl. Scratched rear bumper, scuffed windshield frame. Orderly engine compartment and underbody. Restored to high standards, with some age and use. Joe McMurrey collection. – While the equipment and restoration are enough to support this price, the “Special Yellow” paint is a significant bonus to make it look like a good value. It just pops, and that sells cars.

Lot # F128 1967 Sunbeam Tiger Mk II Convertible; S/N B382100231; Orchid Green, White side stripe/Black vinyl; Estimate $150,000 – $200,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $145,000 plus commission of 10.00%; Final Price $159,500 – Four barrel conversion, Lucas driving lights, MotoLita woodrim steering wheel, wood shift knob, original tools and jack. – From the Joe McMurrey Collection. Very good paint. The bumpers have some light scratches. The engine compartment is clean and well sorted. The underbody is clean. The interior is clean and well sorted. Restored last year and one of only about 500 genuine Mk II Tigers with the larger 289. Documented with STOA certificate, copies of old titles, original owner’s manual, service and warranty books. – Even mediocre Mk II Tigers are six-figure cars now, although their big run up in value appears to have slowed way down. The price that this fresh, genuine car in an unusual but attractive color brought was right on the money and satisfying for both the buyer and the seller.

Lot # F131 1965 Griffith TVR 200 Coupe; S/N 2005154; Blue, White/Black; Estimate $100,000 – $125,000; Competition restoration, 1 condition; With Reserve; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000 – Ford 302 crate motor coupled to a Tremec 5-speed (the original 289 and 4-speed are included in the sale), Ford 8.8 inch axle, upgraded suspension, alloy wheels, woodrim steering wheel, 3.73 gears, front disc brakes, MSD ignition, aluminum radiator. – From the Joe McMurrey collection. Restored by Randy Hartigen, founder and former president of the Griffith Owner’s Club. Decent paint with some cracking on the roof. Excellent bumpers. The window frame is a bit dull. The engine and underbody are highly detailed and the interior is excellent. A great example of a rarely seen Griffith. Very pretty but clearly set up for set up for outright speed and seat-of-your-pants driving, although it could presumably be put back to original specs with the equipment included in the sale. – The Griffith came about thanks to a deal between Long Island dealer Jack Griffith and TVR in the UK. TVR sent Granturas minus engine and gearbox to Griffith, who installed Ford 289s. Short wheelbase, low weight and high power made them notoriously scary to drive quickly, but they were also devastatingly quick. Less than 200 Griffith 200s were built. This is a huge price for one of these seldom seen cars, but when you consider the rarity, the Cobra-like levels of performance, the spares included in this sale and the fact that it is still cheaper than a slower and more common Sunbeam Tiger in similar condition, this oddball Anglo-American hybrid is a fantastic value.

Lot # F134 1963 Chevrolet Corvette Z06 (small tank) Coupe; S/N 30837S114581; Riverside Red/Black vinyl; Estimate $225,000 – $300,000; Concours restoration, 1- condition; With Reserve; Hammered Sold at $210,000 plus commission of 10.00%; Final Price $231,000 – 327/360hp fuel injection, 4-speed, Z06 small tank, M20 4-Speed, power brakes, wheel covers and narrow whitewall tires, power windows, Delco AM/FM radio. – From the Joe McMurrey collection. NCRS Top Flight. No advertised racing history. Excellent paint and brightwork. The engine is excellent with few signs of use. The underbody is immaculate as is the interior. Only the driver’s seat shows minor use. One of 199 built. A beautifully restored Z06 that drew people the entire event. – Sold at Mecum’s Bloomington Gold Auction in 2007 for $139,650, then again at Mecum Monterey in 2010 for $159,000. Z06 values have come a long way since both of those sales, and a good Big Tank car can bring half a million dollars. Small Tank cars, which made up the majority of the 199 Z06s built, are worth considerably less, but even so this was a bargain result for a car that could have brought another 50 grand without being expensive.

Mecum Indianapolis 2016 – Auction Report Page Ten

Lot # F142 1958 Chevrolet 3100 Cameo Pickup; S/N 3A58N107205; Tartan Turquoise, Jet Black roof and accent/Black, Grey vinyl; Estimate $50,000 – $75,000; Truck restoration, 2- condition; With Reserve; Not sold at Hammer bid of $48,000 – 236/145hp, 3-speed, dealer installed air conditioning, windshield washer, oil filter, radio, hubcaps, trim rings, whitewall bias ply tires, windshield and side window visors, wraparound rear window, dual outside mirrors, varnished wood bed floor, chrome front, painted rear bumpers. – Good paint but with light orange peel near edges and trim. Passenger’s door doesn’t close flush. Right taillight chromed over pits. Good upholstery, dash and gauges. Chassis painted assembled. Orderly engine compartment. Underbody and frame show age. Makes a good first impression but the devil is in the details. – Pretty much everyone like a Cameo, even with a six and especially in such dramatic, effective colors from the Fifties. The reported high bid, however, is realistic and could have been accepted without second thoughts.

Lot # F146 1970 Buick GS 455 Convertible; S/N 446670H270577; Gulfstream Blue/Pearl White vinyl; White vinyl top; Estimate $200,000 – $250,000; Concours restoration, 1 condition; With Reserve; Hammered Sold at $185,000 plus commission of 10.00%; Final Price $203,500 – Stage 1 455/360hp, 4-speed, power steering and brakes, body color wheels with hubcaps and Goodyear Polyglas GT tires, bench seat, AM/FM radio, Limited Slip axle, white vinyl boot cover. – Winner of concours gold and best Buick at the 2011 MCACN. Original window sticker and GS Historic Society documented. Mis-stamped engine number but guaranteed to be the original engine. Flawless paint and brightwork. Painstakingly redone engine compartment and underbody. The interior is just like new. Nothing to fault. Done to very high standards and still very much a show car. – The quality of this GS 455 is amazing and its price is in line with the rarity of the car and its condition. It tests the bounds of ‘reasonable’ but doesn’t breach them.

Lot # F149 1957 Chevrolet Corvette FI Convertible; S/N E57S104145; Engine # F513EL; Tuxedo Black/Beige vinyl; Black vinyl top; Estimate $100,000 – $150,000; Cosmetic restoration, 3- condition; With Reserve; Not sold at Hammer bid of $80,000 – 283/283hp fuel injection, 4-speed, electric wipers, windshield washer, black steel wheels, hubcaps, bias ply blackwall tires, WonderBar radio, heater. – Seriously flawed repaint. Erratic chrome. Sound interior and new top. Frame painted assembled. Ugly old underbody. Later 4-speed and FI unit. Love the monochrome black Fuelie look but not the car. – This Corvette needs a lot of help, not the least of which is more thorough documentation of its configuration – since there is nothing offered here to support it. The bidders were understandably reluctant to step up for a Fuelie price, nor even a restored ’57 Corvette price. The reported high bid was entirely appropriate for this Corvette’s documentation and its erratic presentation.

Lot # F151 1982 Chevrolet Corvette Collector Edition Coupe; S/N 1G1AY0781C5106143; Silver Beige/Silver Beige; Estimate $25,000 – $35,000; Unrestored original, 3+ condition; With Reserve; Hammered Sold at $21,000 plus commission of 10.00%; Final Price $23,100 – 350/200hp, automatic, removable glass roof panels, air conditioning, power steering, power brakes, power seat, power windows, power locks, tilt steering column, cruise control, window sticker. – Showing 17,338 miles which are represented as all it has covered. Paint is good. Front and rear bumpers are showing some fading. Panel gaps are slightly uneven. A few small chips on panel edges. Engine bay is showing age and wear. Underneath is showing a fair amount of road rash. Interior looks excellent and showing very little wear. Not a perfectly preserved time capsule, but a very well preserved and carefully used Collector Edition car. – Over 6,700 Collector Edition Corvettes were built in 1982 so they’re not exactly rare, but they do command a notable premium over base cars. Sold here a year ago for $18,360, The result for this lightly used example was a little expensive.

Lot # F155 1971 Ford Mustang Mach 1 SportsRoof; S/N 1F05J146425; Grabber Blue, Gray accents, Black hood/Black vinyl; Estimate $65,000 – $80,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $86,000 plus commission of 10.00%; Final Price $94,600 – 429/375hp Super Cobra Jet, 4-speed, Drag Pack, 4.11 Detroit Locker axle, power brakes and steering, Magnum 500 wheels with Firestone Wide Oval tires, console, pushbutton AM radio, tinted glass, Marti Report. – From the Kirt Fryer collection, documented with the original window sticker and Marti Report. Paint and body are both show quality. The brightwork is all in very good condition. The engine is well restored and very clean and the underbody is very well kept. The interior appears as if unused. A fresh-looking, beautifully restored car. – Sold at Barrett-Jackson Scottsdale in 2008 for $77,000, big money then just as the price achieved here is big money now, almost excessive. Paying for the best often costs extra, though, and this car qualifies.

Lot # F157 1971 Ford Mustang Boss 351 SportsRoof; S/N 1F02R151027; Grabber Blue, Gray/Black vinyl; Estimate $55,000 – $70,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500 – 351/330hp, 4-speed, 3.91 Traction-Lok axle, power brakes, Magnum 500 wheels with Firestone Wide Oval tires, pushbutton AM radio, Marti report documented. – From the Kirt Fryer collection. Paint and body have been done to perfectionist standards. The engine has been meticulously redone as well as the underbody. The interior is immaculate and unused. A recent perfectionist restoration over an already sound car. It would be hard to find a better example of a ’71 Boss 351. Most haven’t gotten anywhere near this kind of treatment. – Sold at Barrett-Jackson Las Vegas in 2011 for $60,500, then again at Barrett-Jackson Scottsdale in 2014 for $66,000. Even with a recent concours quality treatment, this is a monumental result for a ’71 Boss 351, but the new owner can at least take solace in the fact that nobody else has a nicer one. Mustang people say these Boss 351s are vastly underrated for performance. The bidders here demonstrably accepted that position with a generous price.

Mecum Indianapolis 2016 – Auction Report Page Eleven

Lot # F159 1971 Ford Mustang Coupe; S/N 1F01C177177; Pastel Blue, Beige vinyl roof/White vinyl; Estimate $45,000 – $60,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000 – 429/370hp Cobra Jet, automatic, 3.25 axle, power brakes and steering, black wheels with hub caps and BFG Radial T/A tires, vinyl top, console, AM radio, power windows, Deluxe Marti Report included. – From the Kirt Fryer collection. Represented as a 63,196 original mile, unrestored car. The paint has dulled with age and has some road rash behind the front wheels. The brightwork has some pitting and scratches but is not abused. The engine compartment is aged but has been well cared for. The underbody has some light oxidation. The interior is very clean and has little wear. A fantastically preserved sleeper Mustang. – If a choice Mustang is on a shopping list finding one from Colorado where they have used little salt while educating drivers on the use of powerful rear-wheel drive cars on slick roads is the right choice. This Mustang with its big 429/370hp power is an awesome machine and it brought no more than a modest price for its specification and originality.

Lot # F161 1962 Chevrolet Corvette FI Convertible; S/N 20867S104498; Honduras Red/Black vinyl; White vinyl top; Estimate $90,000 – $110,000; Visually maintained, largely original, 2 condition; With Reserve; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500 – 327/360hp fuel injection, 4-speed, both tops, WonderBar radio, Positraction. – Represented as the matching numbers FI engine. Recent paint is immaculate with no flaws. Panel fit could use a little adjustment. Brightwork is showing some scratches and pitting. Engine bay has been cleaned and detailed, still showing some signs of use. Underneath is very clean and showing very little wear. Interior is very good showing minimal wear. Carpet looks to be faded a little. This is a very nice mostly original Corvette. Represented as original matching numbers engine, transmission and Posi axle. Mostly original other than high quality recent paint. – Offered at Mecum Houston in April of last year with a high bid of $73,000, bidders’ opinion of its quality haven’t changed much. Never, apparently, judged by NCRS or Bloomington Gold which is a surprise. The bidders took the representations at face value and paid a realistic price for a Corvette that is what this one claims to be.

Lot # F172 1969 Chevrolet Chevelle Yenko Sport Coupe; S/N 136379B406668; Butternut Yellow, Black/Black vinyl; Estimate $300,000 – $350,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $225,000 – L72 427/425hp, 4.10 axle, M21 4-speed, power disc brakes, Yenko mag wheels with Goodyear Polyglas tires, bucket seats, dash-mounted tach, AM radio, Protect-O-Plate. COPO code 9562, originally of the Otis Chandler collection and being sold from the Lingenfelter collection. – The paint is mildly cracked on the hood and driver’s side door. Straight panels and clean brightwork. The vinyl roof is tight and well installed. The engine compartment is very clean and correct as well as the underside. Inside is clean and orderly with only minor wear to the driver’s seat. A well presented Yenko with only a few minor items showing the age of the restoration. – Hammered not sold in Kissimmee at a hammer bid of $240,000. The car really deserved more then, so refusing the reported high bid here was a wise move as well. This is a significant car, but it’s not a lot more significant than the bid here represents.

Lot # F178 1955 Chevrolet Bel Air 2-Dr. Hardtop; S/N VC55S107981; Engine # T55G; Skyline Blue, Glacier Blue/Blue vinyl, White cloth; Estimate $55,000 – $70,000; Older restoration, 2+ condition; With Reserve; Hammered Sold at $40,000 plus commission of 10.00%; Final Price $44,000 – 265/180hp, 4-barrel, 3-speed, power brakes, oil filter, electric wipers, wheel covers, whitewall bias ply tires, pushbutton radio. – Overstamped engine number, upgraded to a 4-barrel. Very good paint, chrome and interior although the clearcoat is thick. Restored like new with better cosmetics. – Crossed the block here four years ago to a $45,000 high bid but not sold. It’s a measure of the decline of Tri-Five Chevys that it sold here in essentially the same condition with just five more miles showing on its odometer that it brought five grand less on the hammer, and that’s what it should have brought.

Lot # F179 1963 Chevrolet Corvette FI Convertible; S/N 30867S113216; Engine # 3113216 T0508F; Riverside Red/Red vinyl; White vinyl top; Estimate $75,000 – $90,000; Cosmetic restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $65,000 – 327/360hp fuel injection, 4-speed, AM-FM, spinner wheel covers, red line bias ply tires. – Engine number suffix illegible but represented as ‘matching numbers’. Sound paint, interior and chrome. Flaky chrome on the top clips, scuffed windshield header. Nose repaired and cracked by headlights. Orderly but aged engine compartment. Underbody repainted assembled. A desirable Corvette in reasonable driver condition. – A no-sale at Kansas City in April of last year but reported sold here a year ago for $66,960, it isn’t a surprise either that the bidders stopped here, or that the consignor wanted to get out with less hurt. Auction bidders rarely give Corvettes without NCRS or Bloomington Gold bona fides much respect, and this Corvette had neither.

Lot # F181 1969 Pontiac Firebird Trans Am Coupe; S/N 223379N109411; Engine # 0267082 WT; Cameo White, Tyrol Blue stripes/Dark Blue vinyl; Estimate $115,000 – $135,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $95,000 – WT 400/350hp, 4-speed, Hurst shifter, pushbutton radio, woodrim steering wheel, heater, console, Rally II wheels with trim rings, Wide Oval tires, power brakes, power steering Safe-T-Track, headrests, wing, Ram Air. – PHS and window sticker documented, one of 520 4-speed Trans Ams in 1969. Restored like new a while ago and still in nearly showroom condition albeit with some minor stress cracks and aged bright trim. – Sold at Barrett-Jackson WestWorld in 2005 for $63,720, then at RM in Ft. Lauderdale in 2007 for $59,400 and here in 2010 for $81,620, a representative track of ’69 Trans Ams’ value trajectory. The consignor wasn’t unreasonable to expect more now than six years ago, but a little greedy and the car would not have been a bargain – even with the 4-speed – had it changed hands at or even close to the reported high bid.

Lot # F183 1969 American Motors SC/Rambler 2-Dr. Hardtop; S/N A9M097X223645; White, Red, Blue/Black vinyl; Estimate $65,000 – $90,000; Recent restoration, 2- condition; With Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – 390/315hp, 4-speed, power front disc brakes, quick ratio steering, Sun tachometer, 3.90 limited slip, hood scoop. – Paint looks good with some minor discoloration on the trunk lid and small chips on the panel edges. Engine compartment is very clean and showing next to no wear. Underneath is very clean and new with fresh undercoating. Interior is new with no wear. Represented as a concours car and while it is very good, that’s a bit of an exaggeration. Regardless, it’s a rare SC/Rambler that’s gotten a high quality restoration. – Sold here three years ago for $64,200 all-in and changed hands in 2016 for a realistic contemporary value.

Lot # F187 1970 Plymouth GTX 2-Dr. Hardtop; S/N RS23R0G138403; Ivy Green/Black vinyl; Estimate $90,000 – $110,000; Cosmetic restoration, 3+ condition; No Reserve; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500 – 426/425 Hemi, 4-speed, power brakes, 4.10 Super Track Pack, Air Grabber hood, stripe delete, Rallye wheels with Goodyear Polyglas GT tires, bucket seats, pistol grip shifter, AM radio, tachometer. – Good paint. The deck lid needs adjustment and the driver’s door is noticeably out of alignment at the bottom. The engine compartment has been cosmetically redone long ago and is now fairly dusty. The underbody has also been cosmetically redone and is showing signs of oxidation in areas. The interior is in good order and well cared for. Cosmetically restored, just not to the level one would expect on a Hemi car. – Hammered not sold at Mecum Kansas City in 2014 with just a handful fewer miles at a high bid of $75,000. The seller here would have been reasonable to expect bids at least that high for a genuine Hemi car, but let it go for considerably less. The new owner got significant bragging rights for a moderate price and should be proud of the car, its monster engine and the 4-speed driveline.

Lot # F188 1966 Ford Bronco Utility; S/N U13FL760993; Rangoon Red/Silver vinyl; Estimate $45,000 – $60,000; Concours restoration, 1 condition; No Reserve; Hammered Sold at $45,000 plus commission of 10.00%; Final Price $49,500 – 170/105hp six, 3-speed, wheel covers, rear bench seat, spare tire, AM radio. – This Bronco has received a concours level restoration. Paint is just about immaculate. Panel fit and gaps are very good. Brightwork is excellent. The bumpers look like mirrors. Engine bay is better than when it left the factory. Underneath is just as clean as the rest of the truck. The interior is all brand new. As beyond perfect as any Bronco out there. – If Toyota FJ40s are worth $50K+, why shouldn’t an immaculately restored, better than new Bronco bring that kind of money? The answer to that enigma is this Bronco, which brought FJ40 money, and deserved it. Rarely does a utility vehicle get this kind of meticulous, comprehensive restoration. It is a paragon.

Mecum Indianapolis 2016 – Auction Report Page Twelve

Lot # F190 1963 Pontiac Catalina Convertible; S/N 363P185197; Deep Maroon/Burgundy leather; White vinyl top; Estimate $50,000 – $60,000; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $35,000 plus commission of 10.00%; Final Price $38,500 – 389/313hp, Tri-Power on 215hp 2-barrel original engine, 3-speed, column shift, bench seat, 8-lug wheels, narrow whitewalls, pushbutton radio, heater, power steering. – Represented as the matching numbers engine but not the right intake system on a low compression 8.6:1 block. Very good clearcoat repaint with a few fisheyes and dust motes. Straightened right beltline molding. Poor taillight rechrome, good major chrome. Good interior. Underbody redone assembled and driven since. An OK driver, but no more than that. – A pretty car but nowhere near the ‘comprehensive restoration’ claimed by the car card. This is a realistic but superficial cosmetic redo to decent driver condition and it brought a price appropriate to its condition and configuration.

Lot # F199 1969 Pontiac GTO Judge 2-Dr. Hardtop; S/N 242379Z115686; Carousel Red/Black vinyl; Estimate $75,000 – $90,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $66,000 plus commission of 10.00%; Final Price $72,600 – Ram Air III 400/366hp, 4-speed, power steering and brakes, Safe-T-Track axle, hood tach, Rally II wheels with Goodyear Polyglas tires, hide-away headlamps, console, AM radio, Hurst T-handle shifter, includes PHS documentation. – Excellent paint on a straight body. The drip rails have a few minor dents. Otherwise, the brightwork is excellent. The engine and underbody have been restored to a high level. The only thing mechanical that seems to need attention is a slow coolant leak that appears to originate from a hose connection. The interior has been freshly redone to like new standards. A beautiful Judge that needs little (aside from maybe a tightened hose clamp). – This GTO Judge seems to be represented as a real Judge although the car card comes up short of saying that specifically. The bidders were a bit reticent, even with Carousel Red paint which usually gets juices flowing. Maybe they had a look at the PHS file. No matter, however, because this is an eye-catching GTO with the right stuff and for this price is a solid value.

Lot # F200.1 1963 Dodge Polara 500 2-Dr. Hardtop; S/N 6432162710; Ivory/White, Gray vinyl; Estimate $110,000 – $140,000; Unrestored original, 3 condition; With Reserve; Not sold at Hammer bid of $60,000 – 426/415hp Max Wedge, TorqueFlite, 3.91 Sure Grip differential, full dual exhaust with dumps, push button automatic, wheel covers with whitewall tires, bucket seats, console, AM radio, includes copy of the IBM build card. – Represented as an unrestored original with 40,169 original miles. The paint is dull throughout. There are several chips on the fenders. The driver’s side quarter panel is nearly buffed through in areas, and the passenger’s side door has several chips filled. The brightwork is dull and the grille is heavily scratched. The engine compartment is aged but not abused and the underbody is faded but well preserved. The interior is the real star. It shows little use and is well sorted. An original that has been preserved while being driven sparingly. – One of only five Polara Max Wedges in 1963 and a charming highly original car that failed to find an appropriate audience here in Indy. The 426 Max Wedge falls into a null zone in collecting, with attention directed at Hemis and 440s. Wonderful, powerful cars, 426 Max Wedges – unless they were drag raced with success – don’t attract much attention.

Lot # F202 1941 Cadillac Series 62 Convertible Coupe, Body by Fisher; S/N 8363562; Black/Red leather; Black cloth top; Estimate $80,000 – $100,000; Cosmetic restoration, 3- condition; With Reserve; Not sold at Hammer bid of $77,000 – Skirts, large hubcaps, wide whitewalls, pushbutton radio, heater, grille guard. – Sound fresh repaint, brightly polished but frequently flawed chrome. Surface creased older upholstery. Passenger’s window missing felt in its channel. Peeling old underbody paint. An auction car. – They tried to sell this Caddy at Auburn Fall in 2014 with a high bid of $65,000. It didn’t fare much better here and could have been sold at either high bid, but particularly at this one, without regret.

Lot # F204.1 1955 Studebaker Commander 2-Dr. Hardtop; S/N 8420103; Blue, White/Blue; Estimate $70,000 – $90,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 – 259/185hp high power kit, automatic, chrome wire wheels, wide whitewalls, pushbutton radio. – Very good paint, chrome and interior. Restored to showroom condition. Represented as matching numbers engine. About as nice as a Studebaker gets. – An old friend sold here in 2011 for $64,660, at Kissimmee in 2012 for $63,600, no-saled here in 2014 at a magnanimous reported bid of $75,000. It’s about time it deserved to find a good, caring, long term home and at this price the new owner can be proud of both the car and the moderate price paid for it.

Lot # F205 1970 Ford Mustang Boss 302 SportsRoof; S/N 0F02G135293; Yellow, Black stripe/Black vinyl; Estimate $110,000 – $130,000; Older restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $95,000 – 302/290hp, 4-speed, Hurst T-handle shifter, power brakes, power steering, shaker hood, Magnum wheels with chrome rims, F60-15 Polyglas GT tires, wing, air dam, rear window slats, 3.91 Traction-Lok, pushbutton radio. – Excellent paint, chrome, interior, engine compartment, chassis and underbody. Not quite fresh, but still in showroom condition. Represented as a ‘date code correct’ engine, not necessarily the original one. – Beautifully restored, this Boss 302 is a six-figure car, but only with its original driveline. Here the uncertainty kept the bidders a bit squeamish and short of giving it top Boss 302 marks, or bids. It was offered at the Leake Tulsa auction in 2014, though, and there it brought a high bid of only $62,500..

Lot # F208 1970 Chevrolet Chevelle SS 454 2-Dr. Hardtop; S/N 136370K190153; Cranberry Red/Red vinyl; Estimate $70,000 – $90,000; Cosmetic restoration, 2- condition; With Reserve; Not sold at Hammer bid of $40,000 – LS5 454/360hp, automatic, 3.31 Positraction, power steering and brakes, F41 suspension, air conditioning, stripes not ordered, without cowl induction, bench seat, column shift, AM/FM radio, includes the original Protect-O-Plate, MSO and copy of build sheet, SS wheels, red line tires, tinted glass. – Represented as the original engine never removed from the chassis. Repainted with minor cracking around the windshield. The bumpers appear replaced and the rear window trim is aged and scuffed. The engine compartment is clean and shows minor use while the underbody has original undercoating and some light oxidation in areas and the transmission is filthy. The interior has been well kept and looks almost unused. Sold new in Kansas City. A decent cosmetic restoration of a well preserved LS5 Chevelle. – This is a very desirable car, built with a 3.31:1 axle to burn up highways not dragways. Its originality is remarkable – one might wonder why it was painted, but from the looks of it the repaint was a while ago and that happened in the mid-years of cars like this. The estimate is about as far off the mark as the bid is, just in different directions.

Lot # F208.1 1941 Buick Super Convertible Coupe; S/N 14I96047; Black/Red leather; Black cloth, Red binding top; Estimate $75,000 – $90,000; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $70,000 – 248/145hp, compound carburetion, 3-speed, skirts, Red steel wheels, hubcaps, trim rings, wide whitewalls, turn signals, power top, AM-shortwave radio, grille guard. – 1981 AACA National First Prize and Senior. Microblistering old paint, touched up edge chips. Good upholstery, top and chrome. Very clean but aged underbody and chassis. A quality old restoration that earned its chops three decades ago and isn’t getting any better with age but will still hold its head high at local shows and on tours. – If there was money anywhere close to this bid this Buick should have been on its way into a trailer going to a new home. It’s a neat old car, but it’s no more neat that the reported high bid.

Lot # F210 1969 American Motors AMX Big Bad Coupe; S/N A9M397T273101; Big Bad Blue, Black stripes/Black vinyl; Estimate $35,000 – $45,000; Enthusiast restoration, 3 condition; With Reserve; Not sold at Hammer bid of $32,000 – 343/280hp, 4-speed, power brakes, woodrim steering wheel, tilt steering column, Magnum wheels, red line tires, Hurst shifter, limited slip, AM radio. – Paint looks good with a few cracks and chips on the panel edges. Brightwork has some pitting. Panel gaps could use a little help. Engine bay is very clean and showing very little wear. Underneath is very clean and showing no road rash. Interior is very clean with new carpet. Seats show a little wear. New weather stripping does not fit quite right. A solid, pretty car represented as a recent restoration, but there are a few too many missed details to call it a thorough job. – Sold at Mecum Anaheim last November for $28,050, the consignor here in Indy must have expected a miracle. It didn’t happen.

Lot # F210.1 1970 Pontiac GTO Judge 2-Dr. Hardtop; S/N 242370P236089; Palladium Silver/Black vinyl; Estimate $130,000 – $150,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $110,000 – Ram Air IV 400/370hp, automatic, power brakes and steering, Safe-T-Track differential, Rally II wheels with Firestone Wide Oval tires, bucket seats with center console, AM radio. Original paperwork and window sticker included. – Excellent paint with only a small chip filled on the deck lid edge. Straight graphics and panels. The engine compartment is clean and has little indication of use. The underbody is clean and relatively unworn. The interior is clean and like new. A beautiful body-off restored Judge with all the right options and paperwork. – A very good Ram Air IV Judge like this in a thrilling color deserves closer to Mecum’s realistic low estimate, and with a car this expensive it might have been reasonably to refuse the reported high bid, but where will the consignor find more money?

Mecum Indianapolis 2016 – Auction Report Page Thirteen

Lot # F214 1969 Chevrolet Camaro COPO 2-Dr. Hardtop; S/N 124379N665210; Daytona Yellow/Black vinyl; Estimate $175,000 – $200,000; Concours restoration, 1 condition; With Reserve; Not sold at Hammer bid of $150,000 – L72 427/425hp, automatic, COPO 9561, power brakes, body color wheels with hubcaps and Goodyear Wide Tread tires, radio delete, column shift, 4.10 Positraction. Documented and with Protect-O-Plate. – The paint and body are both excellent. The brightwork appears all new, and the engine compartment has been meticulously redone as well as the underbody. The interior presents as well as the rest of the car. Impossible to fault in any significant way both cosmetically and technically. Concours restored in 2008 but it looks like it’s been a show car ever since completion. – Hammered not sold at this sale in 2010 at a high bid of $110,000, then at Auburn Spring in 2011 for $115,000. Breathlessly promoted on the car card (‘if you are the passenger, you are screaming for your mommy’) but maybe missing the point when so many cars today have 50% more horses, better suspension and working air conditioning. A COPO Camaro today is about exclusivity and nostalgia, not adrenaline rushes, and the reported high bid here is realistic for this one which was bid to $110,000 here in 2010 and $115,000 at Auburn Spring in 2011.

Lot # F222.1 1970 Chevrolet Chevelle SS 396 2-Dr. Hardtop; S/N 136370A111087; Fathom Green, Dark Green vinyl roof/Green vinyl; Estimate $75,000 – $100,000; Concours restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $55,000 – L78 396/375hp, 3.55 Positraction axle, M21 4-Speed, power brakes, SS wheels with Goodyear Polyglas tires, non-cowl induction, stripe delete, vinyl roof, Protect-O-Plate, bucket seats, console, AM radio, fully documented and certified by Jerry MacNiesh. – Restored but retained many of the original components. The paint and bodywork are spotless and the brightwork shines like new. The engine and underbody were restored to fanatical standards with much of the original equipment refurbished rather than replaced. The interior follows the rest of the car with fanatical cleanliness and correctness. An absolutely stunning Chevelle. – The trouble is in the details. The consignor emphasizes ‘the original Muncie M21 close-ratio 4-speed and 3.55:1 Positraction rear end’ but then defaults to ‘a L78 block dated December 1970’, not ‘original’. It is a gorgeous car in unusual colors, but it’s hard to fudge an engine’s origin with Mecum’s knowledgeable bidders. This Chevelle didn’t make the cut.

Lot # F223 1963 Pontiac Catalina Sport Coupe; S/N 363P177756; Engine # 365P 177756 391537 11B; Nocturne Blue/Blue vinyl; Estimate $60,000 – $75,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $69,000 plus commission of 10.00%; Final Price $75,900 – 421/370hp Tri Power, 4-speed, power steering, wheel covers, bias ply blackwall tires, pushbutton radio, heater, bench seat, Hurst shifter. – Represented as matching numbers engine but strangely stamped with a profusion of numbers not usually seen on a Pontiac. Excellent paint, brilliant chrome, excellent two tone interior. Crisp engine compartment with appropriate finishes. Freshly restored to better than showroom condition, engine number is appropriate to the present configuration. – A stunning, menacing, plain pipe racks 421 Catalina that ticks so many boxes it’s not hard to see how the Indy bidders chased it up the flagpole to this price. GTO people get warm and cuddly over Ram Airs, but is there a Pontiac better than a 4-speed Tri-Power 421 Catalina or GP?

Lot # F224 1972 De Tomaso Pantera Coupe; S/N THPNMA02889; Red, Gold leaf pinstriping/Black vinyl; Estimate $90,000 – $120,000; Cosmetic restoration, 3 condition; With Reserve; Not sold at Hammer bid of $65,000 – 351/330hp, 5-speed, 5-spoke alloy wheels with fake spinner caps, AM-FM, Eagle RS blackwall tires, Edelbrock intake. – Showy paint and pinstripes. Light orange peel under door window trim. Good upholstery, dash and gauges. Dirty engine. Underbody has old undercoat. Pretty on first impression but not on closer inspection. – Not even worth the reported high bid. This result is an auctioneer’s anomaly.

Lot # F224.1 1968 Chevrolet Chevelle SS 396 2-Dr. Hardtop; S/N 138378K200585; Triplet turquoise, Black vinyl roof/Black vinyl; Estimate $70,000 – $80,000; Visually maintained, largely original, 2 condition; With Reserve; Hammered Sold at $53,000 plus commission of 10.00%; Final Price $58,300 – 396/375hp, 4-speed, body color steel wheels with hub caps, red line tires, Muncie 4-speed replaced under warranty, 12-bolt rear end, 3.55, Buick GS bucket seats factory installed, power brakes, power steering, center console, radio, dash clock, drum style factory tach. – Lightly pitted door handles. Small chip passenger door. Very good paint and chrome. Very good roof vinyl. Very clean original engine bay. Remarkably well kept. Visually maintained largely original. Highly optioned and cool colors. – Sold at Mecum KC in April 2015 for $62,100, this SS 396 has been trying to get back there ever since. It was a $50,000 bid no-sale at Mecum Dallas in September 2015 and a $47,000 bid no sale at Kissimmee in January of this year. The consignor got real and took the money here in Indy even though it wasn’t what had been spent for it (much less the entry fees and transport costs) to get out from under. The buyer got a very good car and didn’t pay a lot for it, just what it’s worth.

Lot # F226 1966 Plymouth Belvedere II 2-Dr. Hardtop; S/N RH23H67199174; Gold/Black vinyl; Estimate $100,000 – $125,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $100,000 – 426/425hp Hemi, 4-speed, wheel covers and blue line tires, bench seat, AM radio, with Govier Report. – Beautiful paint and body and all the brightwork is like new. The engine compartment is in excellent condition as well as the underbody. The interior has been thoroughly restored and is also like new. Nothing notable to fault. A full restoration finished only a few months ago. – This is a top notch restoration that left no stone unturned and it ticks all the right boxes for Mopar folks. The consignor surely has a lot of money in this car and can’t really be blamed for hoping for more than the reported high bid, but it was a fair offer and if there was money near it, it could have been taken.

Lot # F226.1 1975 Ford Bronco Utility; S/N U15GLV63005; Black, White/Black vinyl; Estimate $55,000 – $75,000; Concours restoration, 1- condition; With Reserve; Hammered Sold at $72,000 plus commission of 10.00%; Final Price $79,200 – 302/135hp, automatic, power steering, auxiliary fuel tank, rear bench seat, skid plates, limited slip axle, swing away spare tire, original window sticker. – Ground up restoration completed in 2016. Paint is immaculate. Panel fit is excellent. Brightwork looks brand new. Rear glass has a few light scratches. Engine compartment is beautiful, restored to better than new. Underneath is restored to a concours level, absolutely beautiful. Interior is all brand new, except for the four wheel drive shifter knob. An unbelievably pretty Bronco. – FJ40s having reached, and perhaps surpassed, a pinnacle of value in collectors’ eyes it’s time for the FJ’s American counterparts to shine, as this one did. The restoration is difficult to believe and the price gives it full value for quality and attention to detail. In search for the best, this is it. The buyer paid full retail for it.

Lot # F232.1 1969 Oldsmobile 4-4-2 Hurst 2-Dr. Hardtop; S/N 344879M395280; Cameo White, Firefrost Gold/Black vinyl; Estimate $75,000 – $90,000; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $55,000 – 455/380hp, automatic, power steering, power brakes, front disc brakes, Hurst dual gate shifter, air conditioning, tilt steering column, AM/FM with 8-Track, Super Sport II wheels, tinted glass. – Restored 10 years ago. Paint is still holding up very well with only a few very minor blemishes. Panel gaps and fit are excellent. Brightwork looks very good with just a few little scratches around the windows. Engine bay looks good and lightly used. Underneath is showing some wear as well. Interior is holding up very well with only wear on the steering wheel and on the sill plates. This car is holding up very well and would be showable on a local level. – It’s hard to get excited about this decade-old restoration. It’s good pretty much everywhere, but not outstanding anywhere. The bidders reasonably declined to get very enthusiastic about it and the seller should take this as a lesson and adjust expectations.

Lot # F234.1 1967 Plymouth GTX 2-Dr. Hardtop; S/N RS23J77165431; Blue/Black vinyl; Estimate $75,000 – $100,000; Visually maintained, largely original, 2- condition; With Reserve; Hammered Sold at $57,000 plus commission of 10.00%; Final Price $62,700 – 426/425hp Hemi, 4-speed, three broadcast sheets, Magnum 500 wheels, red line tires, AM radio, Sure Grip. – From the Wayne Briggs collection. Represented as matching numbers and ‘believed to be’ original mileage. Single repaint shines really well, but there are a variety of blemishes throughout. Panel gaps and fit are a little uneven. Brightwork for the most part is very good, the bumpers showing worse for wear with some pitting and flaking. Engine compartment looks to be original, but still shows very well for its age. Underneath looks to be original, but still looks good with a little, very minor surface rust. Interior looks good, some wear on the tops of the door panels and top of the driver’s seat. Could use a vacuuming as well. Well preserved and mostly original. – Not so long ago acquiring a Hemi-anything would fund two years at Stanford. Not so today as this GTX illustrates despite no representation being made that this Hemi is the original Hemi. The consignor suffered no illusions about presentation and history and took the money giving the buyer a brag-worthy car at a moderate, ’57 Bel Air, price.

Mecum Indianapolis 2016 – Auction Report Page Fourteen

Lot # F243 1972 Ferrari 246 GT Dino Coupe; S/N 03712; Yellow/Tan leather, Black bars; Older restoration, 2- condition; Hammered Sold at $310,000 plus commission of 10.00%; Final Price $341,000 – Daytona seats, air conditioning, power windows, grey painted Cromodora 6 1/2 inch wheels, headrests, books, tools and jack. – Good paint in the original color. Good interior and chrome. Restored like new some time ago and still very good if showing some age on the engine and underneath. Described as just major serviced with an engine rebuild. Reportedly a ‘Platinum Award in 2013’ but no idea where it was platinum. – Sold by RM in Monterey in 2008 for $154,000 when the odometer showed 4,749 fewer miles than today. The Dino has suffered little for the miles and remains a quality example but this price in today’s market is nothing but generous.

Lot # F245.1 1957 Chevrolet 3100 Pickup; S/N 3A57J118126; Red/Gray; Truck restoration, 2 condition; With Reserve; Not sold at Hammer bid of $19,000 – 235/140hp six, 4-speed, hub caps, step side bed. – Body-on restored. Paint looks very good. Some touch ups and chips on the hood edges. Wood inside of the bed looks fantastic. Panel fit could use a little adjustment. Windshield seal on passenger side does not fit quite right. Engine bay is very clean with only slight signs of use. Underneath is very clean with no signs of wear. Interior is very good. Very solid Workforce Series Chevrolet that is ready to show casually. – More money than this was spent on the superficial cosmetic redo of this Chevy, but the consignor couldn’t really expect to get Cameo money for a cosmetically restored Workforce truck. The reported high bid is soft, but not far off. If it’d been $20K the seller should have danced off into the Friday Indy twilight like Snoopy.

Lot # F246 1971 Chevrolet C10 Cheyenne Pickup; S/N CE141Z604028; Orange, White/Black vinyl with houndstooth cloth inserts; Truck restoration, 2- condition; With Reserve; Hammered Sold at $23,000 plus commission of 10.00%; Final Price $25,300 – 350/250hp, automatic, power steering, power brakes, tilt steering column, air conditioning, AM/FM radio, Rally wheels. – Paint looks beautiful with only tiny chips on the hood. Inside of the bed is bed lined to match the color of the truck and there are a few small dents showing. Brightwork looks very good with some pitting on the vent windows. Panel fit is very good. Engine bay is very clean with light signs of use and wear. Underneath looks amazing with no signs of use. Inside looks all brand new with the exception of the steering wheel. Body-off restoration done to higher standards than most C10s, but still a truck restoration. – Not like new, but closer to like new than most pickup trucks ever come, this is a classy long, wide, bed Chevy. For this price making lumberyard runs isn’t out of the question. That’s what pickup trucks are for. Bought right for what it is.

Lot # F250.1 1964 Dodge 330 2-Dr. Sedan; S/N 6142229092; Red/Red; Older restoration, 2 condition; With Reserve; Not sold at Hammer bid of $130,000 – 426/425hp race Hemi, headers, automatic, exhaust dumps, skinny front mags with rear steel wheels, Plexiglas windows, factory aluminum front end and doors, push button automatic, radio and heater delete, Sun Super Tach, bucket seats. – Very good paint with excellent brightwork. The door alignment is uneven and needs adjusting to be perfect, although that is probably best left to professionals given the aluminum construction. Well restored engine and underbody. The original interior is in excellent condition with no wear. In storage from 1966 to 2006, then restored. A very good but unassuming factory super stock car. – Offered at Kissimmee earlier this year with a report bid of $150,000, this single-purpose Dodge is waiting to find its audience. For many collectors the configuration, with its skinny front tires, rear slicks and exaggerated stance, has limited street use; it’s hard to show off in this car except at the nostalgia drags. The consignor may follow bidders’ opinions down, or harden up and wait for the right buyer to show up.

Lot # F255 1967 Plymouth GTX Convertible; S/N RS23L75108276; Red/White vinyl; White vinyl top; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $25,000 plus commission of 10.00%; Final Price $27,500 – 440/375hp, automatic, air conditioning, console, Magnum wheels, Dana 3.50 rear end. – Cosmetically restored. Represented as numbers matching GTX. Fresh paint looks very good with very few blemishes. A little bit of overspray on the brightwork. Panel gaps and fit could use a little help. Vinyl top looks very good. Brightwork looks very good for the most part. Vent window and C-pillar trim have a lot of pitting. Engine bay is clean, showing some light signs of use. Underneath is clean and undercoated. Exhaust has surface rust. Interior is good. Steering wheel is faded. New carpet could have been installed better. Small rip on top corner of driver’s seat. A decent driver. – A no-sale at Russo and Steele Scottsdale earlier this year on a reported bid of $30,000. What is wrong with this car? Nothing, at least on the surface or observable on-site, yet it was nothing if not a bargain at this price.

Lot # F262 1972 Chevrolet C10 Highlander Pickup; S/N CCE142A163827; Orange/Parchment vinyl; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $15,000 plus commission of 10.00%; Final Price $16,500 – 350/175hp, automatic, air conditioning, power brakes, power steering, tilt steering column, dual mirrors, aftermarket gauges. – Rare C10 Highlander. Paint looks good. There are a few scratches and paint chip corrections. Panel gaps are a little uneven. Brightwork is ok with some pitting around the vent windows and dent by the rear window. Engine has been repainted, but the rest of the bay has a fair amount of grease and grime. Underneath appears to be original and is showing age. Interior looks good. Steering wheel is cracked and instrument panel is showing age. Gotten attention when necessary, but never restored. – An undistinguished long, wide bed pickup with a superficial cosmetic redo, it brought an appropriate price.

Lot # F278 1973 Oldsmobile Cutlass Hurst/Olds 2-Dr. Hardtop; S/N 3G37U3M448354; White, Gold/White vinyl; Unrestored original, 4- condition; With Reserve; Not sold at Hammer bid of $10,000 – 455/270hp, automatic, air conditioning, SS II wheels with Goodyear Eagle ST tires, swivel bucket seats, full gauge pack, Hurst Dual Gate shifter. – Old, dull paint. The doors are poorly aligned and take effort to close completely. The hood is badly aligned and the graphics are badly worn. The bottoms of the doors are rusted at the seams and the bumpers are pitted and rusty. The engine compartment is ratty, dirty and neglected while at least the exhaust was replaced underneath. The interior is ratty, filthy and the seats are shredded. Really should be better considering the 28,041 miles on the odometer. Considering the small market and terrible parts availability for 1973 Oldsmobiles, the only reason to put effort into this car is the fact that it is a Hurst/Olds, but even then it’s barely better than a parts car. – The reported high bid here was perfectly appropriate, and the consignor is unlikely to find any higher offers for this car in its current state.

Saturday

Lot # S6 1968 American Motors AMX Coupe; S/N A8C397X350933; Red/Black vinyl; Visually maintained, largely original, 4 condition; No Reserve; Hammered Sold at $7,500 plus commission of 10.00%; Final Price $8,250 – 390/315hp, automatic, power brakes, aftermarket carburetor and headers, B&M shifter, Sunpro gauges, Magnum wheels. – An older amateur restoration, but never fully redone. Represented with a new water pump and carburetor. Paint is in really rough shape with lots of chips, scratches, fading, runs and fish eyes. Trunk lid must have been replaced at some point and is extremely sun baked. Brightwork also shows a lot of age, scratches and pitting. Panel fit needs some work. Engine bay looks to be original with a lot of age, wear and grime. Underneath shows original wear and some surface rust. Interior is ok. Door panels and seat showing wear with some fading to the rear carpet. Treated like a cheap driver and it shows. This car deserves better. – Even with this car’s many needs, this was a bargain price that leaves the new owner with plenty of room to give it the attention it needs. It was reported sold a month ago at Mecum’s Houston auction for exactly the same price as here; apparently the prospect of giving it what it needs was more daunting than the financial concept of flipping it and swallowing the transportation cost, entry fee and seller’s commission.

Lot # S8 1970 American Motors AMX Go Package Coupe; S/N A0C397X302684; Big Bad Green, Black/Black vinyl; Older restoration, 3 condition; No Reserve; Hammered Sold at $20,000 plus commission of 10.00%; Final Price $22,000 – 390/315hp, automatic, power steering, power brakes, woodrim steering wheel. – Represented as numbers matching and one of 25 in this paint scheme. Paint is showing its age with small scratches throughout, especially on the roof. Panel fit is a little uneven. The brightwork is showing a fair amount of pitting and scratches. Engine bay is showing age and wear. Fitted with aftermarket Edelbrock intake and ignition but represented as the numbers matching engine, transmission and rear axle. Underneath is showing quite a bit of road rash. Interior is showing a lot of wear and fading. A solid, attractive driver. – AMXs often go a bit under the radar at auction, and at Indy this year there were five examples competing for the attention of a limited audience. This sound but imperfect car crossed the block at no reserve and didn’t ignite any serious bidding. It could have brought another 10 grand without being expensive. A great buy and another in a parade of early Saturday reruns from Mecum’s Houston auction a month ago where this one was reported sold for $20,350.

Mecum Indianapolis 2016 – Auction Report Page Fifteen

Lot # S9 1970 Ford Mustang Mach 1 SportsRoof; S/N 0R05M144859; Grabber Blue, Black/White vinyl; Older restoration, 2- condition; No Reserve; Hammered Sold at $44,000 plus commission of 10.00%; Final Price $48,400 – 351/300hp, 4-speed, Hurst T-Handle shifter, AM radio, power brakes, Magnum 500 wheels. – This Mustang has received a rotisserie restoration. Paint looks good. There are a few blemishes and scratches throughout. You can also see where trim was masked off and paint was missed. Brightwork looks very good. Trim around the windows has some light scratches. Panel fit is excellent. Engine compartment is very clean but the radiator wasn’t repainted. Underneath looks excellent and showing no wear. Interior looks very good. Some wear to the console and the headliner looks to still be original. A very solid and presentable car, although it wasn’t restored to exacting standards. – This Mach 1’s auction history is a tale of trolling in search of redemption. It was sold at Russo and Steele in Scottsdale in 2015 for $36,300, went to Mecum Chicago last October where it was bid to $37,500, apparently not enough to part it from its owner. The $30,000 bid it got at Kissimmee in January didn’t do it, either, as was the case with the $35,000 bid in Houston last month, so it came here without reserve early on Saturday and, wonder of wonders, made a hammer bid nearly $8,000 more than it cost sixteen months ago. Having said that, after all the hauling around and entry fees, and netting out the seller’s commission, it was probably below breakeven, but at least the argosy is over and the new owner came away with a good car at a reasonable price.

Lot # S11 1969 Chevrolet Impala SS 427 Convertible; S/N 164679S037146; Olympic Gold/Black vinyl; Black vinyl top; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $50,000 – L72 427/425hp, automatic, 3.55 axle, power brakes and steering, body color wheels with hubcaps and red line tires, bench seat, Protect-O-Plate, column shift and aftermarket cassette radio. – Excellent paint in the original color. Excellent brightwork. Represented as matching numbers engine. The top is new but has some wrinkling from being stored down. The engine compartment is restored to factory fresh and the underbody is very clean and restored. The interior is all new and unused. A very pretty rotisserie restoration that looks like new and reportedly has just 500 miles on it. – The seller was well-advised to hang on to this attractive, powerful, showy Impala SS with its rare L72 big block, one of 546 believed to be between the front fenders of a ’69 full-size Chevy. It is worth another $10-20,000 and even at that would be a sound buy.

Lot # S17 1970 Chevrolet Corvette Coupe; S/N 194370S400746; Donnybrooke Green/Tan leather; Unrestored original, 3 condition; With Reserve; Not sold at Hammer bid of $35,000 – 350/370hp LT1, 4-speed, tank sticker and Protect-O-Plate documented, tilt steering column, power brakes, Rally wheels, AM/FM radio. – Represented as matching numbers and with 54,124 claimed actual miles. Paint is original and showing some pitting, crazing, and chips. Brightwork looks pretty good. There are some minor scratches and the rear bumper has a little pitting. Panel gaps are a little uneven on the driver’s door. Engine bay looks to be original and showing some wear and grime. Underneath is showing some wear and road grime. Interior looks very good with just wear to the seat belts and steering wheel. A solid survivor made more desirable by the solid lifter LT1 engine under the hood. – A driver quality example bid to a driver price, with no premium paid for originality and little credit given to the high performance smallblock under the hood or unusually thorough documentation. After picking up a few good values earlier on Saturday morning the bidders were still bargain hunting and stopped well short of the value of this highly original LT1 Corvette.

Lot # S28 1970 Dodge Coronet Super Bee 2-Dr. Hardtop; S/N WM21V0G187204; Top Banana/Tan vinyl; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $57,000 – 440/390hp Six Pack, 4-speed, 3:54 axle, power steering and brakes, Ramcharger hood, Rallye wheels with Goodyear Polyglas GT tires, bench seat, pistol grip shifter, AM radio, tachometer. Includes broadcast sheet. – Excellent paint on a very straight body. The driver’s door gap is slightly uneven. The brightwork appears to have been completely replaced. The engine compartment has been fully restored with minimal use and the underbody is immaculate. The interior looks unused since restoration. A very good looking Super Bee in high impact color. – If this bid had bought this Top Banana Six Pack Super Bee it would have been one of the defining moments in recent auction history, a bargain of a higher order than even occasional auction bargains. It is $20,000 under reasonable.

Lot # S29 1965 Pontiac Grand Prix 2-Dr. Hardtop; S/N 266575P266022; Engine # 400764 YE; Iris Mist, Black vinyl roof/Plum vinyl; Unrestored original, 3+ condition; With Reserve; Hammered Sold at $23,000 plus commission of 10.00%; Final Price $25,300 – 389/325hp, automatic, power steering, power brakes, heater, pushbutton radio, wheel covers, narrow whitewalls, buckets and console, skirts, PHS documented. – 15,787 miles, owned by a Janesville, Wisconsin GM plant employee and then the family until 2015. Shiny original paint with some chips and buffed through on the tops of both left fenders. Very good original major and trim chrome. Dirty but not grungy original engine, underbody and chassis. Amazingly preserved original interior, dash and gauges. A barn find that doesn’t look like it came from a barn. – This is Clint Eastwood’s ‘Gran Torino’ with a Pontiac badge, a beautifully maintained, original GP in an attractive color that is a trophy acquisition at a reasonable price. The new owner, however, has taken on a serious obligation to continue to preserve it as the first owner’s family did.

Lot # S33 1969 Pontiac Grand Prix Model J 2-Dr. Hardtop; S/N 276579P206641; Brown, Black vinyl roof/Fawn vinyl; Cosmetic restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $21,000 – 400/350hp, automatic, power steering and brakes, air conditioning, Rally II wheels with Uniroyal Tiger Paw GTS tires, AM radio, window sticker included. – A good repaint with scuffed bumpers. The vinyl top fits well. The front turn signal lenses are scuffed up. The engine compartment is cosmetically redone in visible areas and dirty in others. The underside is also superficially redone. The interior is complete and in good order showing little wear. A quick cosmetic redo of a solid car. – Sold at Russo and Steele from the Thomas Scott collection in Monterey in 2015 for $17,050. That was more than the car really deserved, so why the reported high bid here wasn’t snatched up eagerly is beyond explanation.

Lot # S38 1965 Pontiac LeMans GTO 2-Dr. Hardtop; S/N 237375Z114613; Red/Black vinyl; Older restoration, 3+ condition; No Reserve; Not sold at Hammer bid of $44,000 – 389/360hp, Tri-Power, 4-speed, 3.80 Safe-T-Track differential, rear seat speaker, Rallye gauge cluster, tachometer, power steering, power brakes, Hurst shifter. – Paint looks good with a few blemishes and chip repairs throughout. Panel gaps are very good. Brightwork looks very good with some scratches near the windows and a little pitting on the rear tail panel. Engine compartment is clean with light signs of use. Underneath is showing some road rash. Interior looks good with signs of wear on the driver seat and steering wheel. Restored a while ago and driven since. – This would have been a fair price, slightly favorable to the buyer, for a better than average driver Tri-Power GTO if there had been any documentation, but there wasn’t any and the bidders were hedging their bets, always a good thing to do in a paperless LeMans GTO.

Lot # S53.1 1967 Chevrolet Corvette Convertible; S/N 194677S109587; Marina Blue, Black stinger/Light Blue vinyl; Recent restoration, 2- condition; With Reserve; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500 – 427/390hp, 4-speed, tank sticker documented, factory air conditioning, transistorized ignition, AM/FM radio, off-road exhaust, Rally wheels, red line tires, 3.36 Positraction. – Represented as matching numbers. NCRS Top Flight in 2015. Paint looks very good. There are a few chips from the removable hardtop. Some more prep work could have been done before paint as well. Passenger’s side door gaps are a little uneven. Brightwork looks very good with a few scratches in it. Engine bay is very clean and showing very little wear. Underneath is very well restored and showing very little wear. Interior is very good with only a little wear to the carpet. A beautiful recent restoration with a handful of things to pick on, or to work on to bring it to the next level. – Huh? The car was reported sold by Mecum in Houston five weeks ago for $132,000, one of several cars that went directly from Houston to Indy. So why did the consignor (or someone) take a loss of roughly $40,000 after owning it six weeks? The logic is difficult to identify and represents a business plan with a serious flaw. The result is realistic, but the result in Houston wasn’t exaggerated, either.

Lot # S55 1955 Pontiac Star Chief Custom 2-Dr. Hardtop; S/N A855H17271; Blue, White/Blue, White vinyl; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $39,000 – 287/180hp, automatic, chrome wire wheels, Continental kit, air conditioning. – Paint is excellent with only a few very minor blemishes. The brightwork looks amazing. Panel fit is right on. The engine compartment is excellent and showing no signs of wear. Underneath looks just as good as above. The interior all looks new with the exception of the carpet, which could benefit from a good cleaning. An excellent, fresh-looking restoration. – Star Chiefs aren’t particularly valuable, so the consignor likely has more money in this exacting restoration than the car is actually worth. It might be a tough pill to swallow, but the reported high bid was more than fair, even generous, and the offers aren’t likely to get much higher.

Mecum Indianapolis 2016 – Auction Report Page Sixteen

Lot # S58 1968 Chevrolet Impala Station Wagon; S/N 164358F230794; Grotto Blue/Blue vinyl; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $24,500 plus commission of 10.00%; Final Price $26,950 – L35 396/325hp, automatic, air conditioning, power brakes and steering, body color wheels with hubcaps and red line tires, luggage rack, bench seats, AM radio, power glass rear window, Protect-O-Plate, includes original documents and purchase agreement. – Very good paint. The bumpers are scuffed on the edges. The engine compartment is aged and the engine paint is flaking off. The underbody has been repainted and new exhaust installed. The interior is a combination of restored and original parts. An interesting find that presents well enough for what it is and is represented as the matching numbers engine. A great car for hauling friends and/or family. – This car bounced around a lot last year. It sold at Mecum Kissimmee for $11,880, then hammered not sold at Russo and Steele Newport Beach at a high bid of $15,400, then hammered not sold again at Mecum Monterey at a high bid of $9,000, both surprisingly weak prices for a station wagon with a decent engine and A/C. Big wagons like this are a cult item these days, maybe a reaction by Millenials to being carted around as kids in minivans. It brought a healthy price here and paid the consignor back for the transportation costs as well as covering the week in Indianapolis.

Lot # S66 1950 Oldsmobile 98 Deluxe Club Sedan; S/N 509M17236; Dark Blue/Beige cloth; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $39,000 plus commission of 10.00%; Final Price $42,900 – 303/135hp, automatic, pushbutton radio, stoplight viewer, pushbutton radio, radio, skirts, hubcaps trim rings, wide whitewalls, fog lights, windshield washer, side window visors. – Very good paint, chrome and interior except for two touched up stone chips and a new scratch
on the front of the hood. Engine reeks of old, stale gasoline. A seriously nicely done Olds that has been well cared for after restoration. – The second year for Boss Kettering’s high compression overhead valve V-8, a fact that by itself makes this a desirable auto to own. The restoration makes it even better and is a car that needs no excuses, whether for condition, equipment or price.

Lot # S69 1987 Buick Regal Grand National Coupe; S/N 1G4GJ1170HP462506; Black/Black, Grey cloth; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $26,000 plus commission of 10.00%; Final Price $28,600 – 231/245hp V6, automatic, cassette stereo, air conditioning, chrome wheels, Eagle GT blackwall tires, power steering, power brakes. – Canada delivery with metric speedometer and 8,996km from new. Repainted very well and otherwise in good original condition appropriate to the kilometers showing and the 29 years since it was built. – Sold at Auburn Spring a year ago for $28,050. Two prices so close together go a long way to validating the ‘market’.

Lot # S70 1970 Chevrolet Corvette LT-1 Coupe; S/N 194370S412893; White/Saddle Brown; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $34,000 plus commission of 10.00%; Final Price $37,400 – 350/370hp LT-1, 4-speed, AM-FM, power brakes, heater Rally wheels with center caps and trim rings, Wide Oval tires, tee-tops. – Represented as 87,120 miles from new. Good original interior and chrome. It’s hard to say for sure, but it looks like a thin coat of white was laid down over the original paint then clearcoated. Underbody was stripped and repainted ten years ago and all ten of them are apparent in its present appearance. – Holy Indy, this car has been to the Spring Classic almost as often as I have, but never reported sold until now: bid to $41,000 in 2010, to $38,000 in 2011 and $37,500 in 2012. LT1s were not getting much respect at Indy this year, but that means the new owner got a rare and special Corvette at a good price.

Lot # S75.1 1965 Chevrolet Corvette Convertible; S/N 194675S121248; Nassau Blue/Black vinyl; Black vinyl top; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $53,000 plus commission of 10.00%; Final Price $58,300 – 327/365hp, 4-speed, teakwood steering wheel, centerlock wheels, narrow whitewalls, side exhaust, power steering, air conditioning. – Represented as numbers matching. Paint is said to be mostly original and has lots of fading, cracking, chips and bubbling. Brightwork has some scratches and some pitting on the rear bumper. Convertible top looks good and fits well. Panel gaps and fit are a little uneven. Engine compartment looks original and is showing wear well. Underneath is showing a little surface rust and road rash. Interior looks very good and showing very little wear, scratches and scuffs in the door jambs. – This is fuel injected power from a simple to maintain 4-barrel smallblock. The car is aged and would benefit from some cleanup but is more than good enough to use. It brought a price both the seller and the buyer can be satisfied with.

Lot # S80 1992 Dodge Viper RT/10 Roadster; S/N 1B3BR65E0NV100021; Red/Gray leather; Black cloth top; Estimate $50,000 – $75,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $42,000 plus commission of 10.00%; Final Price $46,200 – Cassette stereo, leather interior. – Represented as the 21st Viper produced and showing just 5,229 miles. Well preserved paint with only a minor crack on the hood. Engine and underbody are well kept with few indications of use. The interior is well kept. Only the driver’s seat is lightly wrinkled from use. These early Vipers have for a long time offered a dangerous level of speed for not much money, so a lot of them have led hard lives. That makes this one a standout, and its low production number makes it even more collectible. – Sold at Barrett-Jackson Scottsdale in 2011 for a monumental $60,500. The result here is much more appropriate but still generous, and given this car’s low mileage and early production number we probably won’t ever be seeing it out on the road and it will likely spend much of its time as a static collectible.

Lot # S94 1966 Chevrolet Chevelle SS 396 2-Dr. Hardtop; S/N 138176K120646; Red/Red vinyl; Estimate $30,000 – $35,000; Enthusiast restoration, 3+ condition; No Reserve; Hammered Sold at $34,000 plus commission of 10.00%; Final Price $37,400 – 396/325hp, 4-speed, manual brakes and steering, body color wheels, hubcaps and redline tires, bucket seats, console and console-mounted tach, AM radio. – From the Barry Alexander collection. Good paint. The door and deck lid alignment are uneven. The engine compartment is aged and the underbody has been repainted. A quick restoration done on a budget that feels flat. – Sold at Mecum Kansas City in 2012 for $37,100. That was an appropriate number then, and the result here is an appropriate number now for a good but imperfect car with the 325-hp L35, the lowest output of the ’66 SS 396s.

Lot # S106 1970 Dodge Charger R/T 2-Dr. Hardtop; S/N 3XS29V0G184803; Black, Red/Black vinyl; Estimate $100,000 – $125,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $105,000 – 440/390hp Six Pack, automatic, power disc brakes, body color wheels with hub caps and Firestone Wide Oval tires, bucket seats, console, AM radio, 3.55 Sure Grip. – Represented with 73,773 original miles with matching numbers engine and transmission. The black paint is extremely good and has a deep shine. Door alignment needs slight adjustment and the window trim has minor scuffing while the bumpers and door handles appear to have been replaced. The engine compartment and underbody are immaculate. The seats have all been redone and the interior is in good order with the exception of the console, which has the wood grain curling up at the edges. A stunning car at a distance until you observe some of the missed details. A body-off restoration completed earlier this year that missed on a few of the finer details, like it was rushed to make it to Indy.. – VIN has an extra ‘3’ prefixed for no apparent reason. If there was money at the reported high bid this Charger should have been on its way to a new home.

Mecum Indianapolis 2016 – Auction Report Page Seventeen

Lot # S114 2005 Ford GT Coupe; S/N 1FAFP90S55Y400839; Red, White stripes/Black; Estimate $260,000 – $300,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $265,000 – Red calipers, McIntosh stereo, Ford wheels. – 2,185 miles and like new. – There is nothing special about this Ford GT except of course that it is a Ford GT, which is these days special in itself. The reported high bid is within reason for a non-Heritage GT.

Lot # S116 1969 Chevrolet Camaro Z/28 RS 2-Dr. Hardtop; S/N 124379N610404; Cortez Silver, Black/Black vinyl with houndstooth cloth inserts; Estimate $80,000 – $110,000; Older restoration, 2+ condition; With Reserve; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500 – 302/290hp with cross ram dual quads, 4-speed, chambered exhaust, JL8 4-wheel power disc brakes, Rally wheels with Goodyear Polyglas tires, vinyl roof, console with gauge pack, AM radio, Endura nose. – From the Gary Whitman Collection. Beautiful Cortez Silver paint job and excellent brightwork. The vinyl roof is very well fitted. The engine compartment and underbody are immaculately restored, and the interior is all like new. Showing 14 test miles since completion. A beautifully restored Z/28 that easily sets itself apart from the sea of ’69 Camaros at Indy in terms of both equipment and show quality condition although the car card says only that the engine is ‘date code’ correct. – Crossed the block here in 2011 when it was freshly restored and bid to $105,000. Since then it appears to have sat, which for a dual quad, JL8 ’69 Camaro is almost sinful neglect. At this price it can be driven and the new owner should be highly satisfied with the value and with the car.

1970 Plymouth 'Cuda AAR 2-Dr. Hardtop — Lot # S122 1970 Plymouth ‘Cuda AAR 2-Dr. Hardtop; S/N BS23J0B302217; Lemon Twist, Black/Black vinyl; Estimate $80,000 – $100,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $57,500 – 340/390hp, three deuces, automatic, power brakes, side exhaust, Rallye wheels with Goodyear Polyglas GT tires, 3.91 Sure Grip, fiberglass hood with hood pins, console, AM radio, copy of the broadcast sheet and Chrysler registry. – Good paint and graphics. Drip edges have slight dents and the bumpers appear new. The engine compartment is clean and in order and the underbody has fresh undercoating. The seats have been redone while the gauge lenses appear tired and faded. Represented as the original engine. An attractive, driver quality example of the one-year-only AAR Cuda. – The Mopar folks in Indy must have been distracted by the numerous Hemi-powered cars this year because this AAR Cuda, a great all-rounder with plenty of power and a greater focus on handling, was bid to at least 20 grand short of where it should have been, particularly in almost-hot-to-the-touch Lemon Twist yellow.

1969 Shelby Mustang GT500 SportsRoof — Lot # S123 1969 Shelby Mustang GT500 S
portsRoof; S/N 9F02R482383; Wimbledon White, Blue stripes/Black vinyl; Estimate $140,000 – $160,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $80,000 – 428/335hp, automatic, Deluxe Marti Report, Shelby registry, air conditioning, power steering, power brakes, front discs, AM radio, tinted glass, Deluxe seat belts with warning light. – Paint looks very good. Panel gaps look great other than a slightly uneven driver’s door. Brightwork looks very good. Rear quarter windows have some pitting. Engine bay is very clean with the exception of a small spot on the intake manifold where it appears water has settled and rusted a little. Underneath shows a little road rash and the exhaust has a little surface rust. Interior looks good with wear to the steering wheel, driver’s door armrest and tops of the door panels. Restored, but done a while ago and not to exacting standards. – Hammered not sold at Auctions America Fall Auburn in 2013 at a high bid of $90,000, then sold at Leake Dallas in 2013 for $107,800. Even given a discount for the automatic transmission, this car deserves closer to six figures and the consignor can’t be blamed for holding out, although the estimate range is sheer fantasy.

Lot # S128 1970 Pontiac GTO Convertible; S/N 242670Z121861; Black/Black vinyl; Black top; Estimate $90,000 – $110,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000 – 455/360hp, automatic, power steering and brakes, air conditioning, Rally II wheels with Firestone Wide Oval tires, bucket seats, center console, full gauge pack, AM/FM radio, tilt steering column, PHS documents. – Body-off restored a few years ago. The paint has a very deep shine and the brightwork appears to be new with the exception of the rear bumper, which has some light scratching. The engine is very clean and has had little run time and the underbody is immaculate. The interior has been beautifully restored to new. A gorgeous, highly optioned GTO that ticks all the right boxes. – An auction veteran. Sold at Russo and Steele in Scottsdale in 2009 for $104,500, then bid to $90,000 here in 2010, sold for $85,800 at Barrett-Jackson Scottsdale in 2012, bid to $82,000 here in 2013 and sold at Mecum Shaumburg later in 2013 for $93,090. The market for these cars has remained relatively flat across all of those transactions, and it’s been bid to an appropriately high and similar price each time it’s crossed the block. Only Reliable Carriers is making money on this GTO.

Lot # S142 1970 Chevrolet Nova Yenko Deuce 2-Dr. Hardtop; S/N 114270W349459; Forest Green Metallic, White/Black vinyl; Estimate $115,000 – $150,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $100,000 – LT1 350/360hp, 4-speed, power brakes, 4.10 axle, SS wheels with Yenko centers, Firestone Wide Oval tires, hood tach, bench seat, AM radio. – Winner of Gold and Diamond at the 2007 Chevy Vettefest. Excellent paint and graphics, the panels fit very well and doors close effortlessly. The vent windows are old and mildly pitted, while the rest of the brightwork is like new. The engine and underbody have been restored to a high level and have little deterioration. The interior is complete and unused. A stunning example of one of Don Yenko’s lesser known creations. – The restoration oversights are puzzling for a car otherwise so well done and may have figured in the bidders’ reluctance to go higher for this rare COPO creation. Even for a little more than the reported high bid, however, it would be a sound value in a thoroughly documented car that just screams ‘Muscle’.

Lot # S149 1969 Chevrolet Corvette L88 Convertible; S/N 194679S710164; Fathom Green/Dark Green vinyl; Estimate $600,000 – $800,000; Older restoration, 1- condition; With Reserve; Not sold at Hammer bid of $500,000 – L88 427/430hp, M22 4-speed, 4.56 Positraction, transistorized ignition, power brakes, hardtop, Rally wheels with red line tires, includes Protect-O-Plate, original tank sticker, and owner’s manual. – Very good paint. Excellent brightwork with new bumpers. The engine compartment is fully restored and highly detailed. The underbody is excellent with some oxidation to the exhaust. The interior is like new. Driven on a road trip to Alaska in 1969 and drag raced for a short time after. Restoration completed in 1988, but it looks way newer. – Sold for $550,800 at Kissimmee in 2014 and impressively preserved, the consignor is correct in thinking it is worth more than this.

Lot # S150 1954 Buick Skylark Convertible; S/N 7A1106820; Arctic White, Red wheel wells/Red leather; Black cloth top; Estimate $125,000 – $150,000; Older restoration, 2 condition; With Reserve; Hammered Sold at $145,000 plus commission of 10.00%; Final Price $159,500 – 322/200hp, Dynaflow, power steering, power brakes, power windows, power seat, pushbutton radio, chrome wire wheels, wide whitewalls, power antenna. – Quality clearcoat paint, brilliant chrome sharp interior, top and gauges. Clean, nearly fresh engine compartment. Down under the body in the nether regions it’s dusty, but easily addressed. – Reported bid to $175,000 at Mecum’s Dallas auction last September, an opportunity squandered even though it did help adjust the consignor’s expectations, leading to this sale. It is worth every penny of the price it brought here.

Lot # S154 1969 Chevrolet Camaro Yenko 2-Dr. Hardtop; S/N 124379N664141; Daytona Yellow, Black vinyl roof/Black vinyl; Estimate $300,000 – $350,000; Older restoration, 2+ condition; With Reserve; Hammered Sold at $225,000 plus commission of 10.00%; Final Price $247,500 – 427/425hp, automatic, Hurst dual gate shifter, F41 suspension, 4.10 Positraction, power steering, power brakes, front and rear spoilers, double COPO 9737 and 9561. – Beautifully restored Yenko Camaro. Paint looks excellent with no flaws. Panel fit is slightly uneven. Brightwork has a few scratches. Door panel fit is just a little bit off. Vinyl top looks to be brand new. Engine compartment is extremely clean and no signs of wear. Underneath all looks new and immaculate. Interior all looks new and shows no wear. No expense was spared on this restoration, one of just 30 ’69 Yenko Camaros with an automatic. – Back in 1993 when it was freshly restored it was offered by Kruse at the Meadowlands in N.J. with a bid of $45,500, then at Auburn Spring where it did even less well, bid to $36,000. Ten years later at Auburn Fall it was bid to $122,500 and now it changed hands at nearly double that. It is a record of the collector car market over the last 23 years.

Mecum Indianapolis 2016 – Auction Report Page Eighteen

1971 Plymouth 'Cuda Hemi 2-Dr. Hardtop — Lot # S164 1971 Plymouth ‘Cuda Hemi 2-Dr. Hardtop; S/N BS23R1B268379; Black Velvet, White/Black vinyl; Estimate $700,000 – $850,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $500,000 – 426/425hp Hemi, 4-speed, Super Track Pack, power brakes, billboard stripe, Rallye wheels with Goodyear Polyglas GT tires, rear spoiler, console, pistol grip shifter, AM radio, tinted glass, full gauge pack, broadcast sheet included and Govier report. – Represented with 31,808 original miles, matching numbers engine and replacement transmission. Very good old repaint and bodywork. The brightwork is shiny with only a few minor scuffs. The engine is clean and well kept. The underbody shows some use since restoration and the interior has some wrinkling to the driver’s seat. A very good looking old restoration from 1999 that’s been lightly used. – The bidders put plenty of windage on their aim at this older restored but still respectable Hemi ‘Cuda to compensate for the age and ended up far off from their target although the consignor also harbored unrealistic expectations. The reported high bid isn’t enough, but it’s closer than the estimate.

Lot # S168 1970 Ford Mustang Boss 429 SportsRoof; S/N 0F02Z123173; Pastel Blue/White vinyl; Estimate $400,000 – $500,000; Concours restoration, 1- condition; With Reserve; Not sold at Hammer bid of $375,000 – 429/375hp, 4-speed, original build sheet, original invoice, Marti Report, Hurst T-handle shifter, Kar Kraft #2290. Represented as one of two in this color. – Represented as matching numbers engine, transmission and rear axle, one of 18 in this color and 2 with this exterior/interior combination. Concours restoration completed in 2014. The paint on this car is flawless still. Panel fit is excellent Engine bay is spotless and restored to better than new condition. Underneath is spotless. Interior claimed to be largely original and is very good with some very slight discoloration on the driver’s seat and a little dent in the driver’s side sill plate where the door panel hits it. Mostly phenomenal and done to very high standards. – Sold after its first restoration at RM Scottsdale in 2012 for $170,500 and at Barrett-Jackson Scottsdale in 2013 for $170,500. An interesting history and a superb restoration as well as preservation of as much originality as possible make this a desirable Boss-Nine, but interest is starting to fade and the reported high bid – if there was money anywhere in the vicinity – should have been enough to see it change hands.

Lot # S170 1971 Chevrolet Chevelle SS 454 Convertible; S/N 136671R173792; Black, White stripes/Black vinyl; Black vinyl top; Estimate $110,000 – $135,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $77,500 – 454/365hp LS5, automatic, power steering, power brakes, console, AM/FM/8-track, air conditioning, factory tach and gauges, F41 suspension, mag-style wheels, Wide Oval tires, cowl induction. – Restored to showroom condition with better paint and brightwork. Simply, very impressive, with flat panels and even gaps. 96,690 miles from new – Sold by Russo and Steele in Monterey in 2007 for $60,500, then by Mecum here a year ago for an eye-opening $012,600. It went to Kissimmee in January but brought a bid of $85,000 and didn’t sell. The reported bid here is even lower, not the tea leaves the seller wanted to read in the bottom of the Spring Classic cup.

Lot # S179 1971 Pontiac GTO Judge Convertible; S/N 242671P110472; Tropical Lime/Black vinyl; Black vinyl top; Estimate $250,000 – $300,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $220,000 – 455/335hp HO, automatic, power brakes and steering, power top, honeycomb wheels with Goodyear Polyglas tires, bucket seats with console, pushbutton AM radio, Rally gauges, PHS documentation. – Very good paint and brightwork. The top is tight and straight. The hood latch was a bit sticky and the door gaps need minor adjustment. The engine and underbody are immaculately restored and the interior is completely redone. A beautiful car needing very little. Restored recently and reportedly has only test miles on it. – 17 of these cars were built, and they are worth well over twice their hardtop counterparts. Bidding petered out on this example at 30 grand short of Mecum’s reasonable low estimate, and it should have been at least that much before being realistically considered. It will likely find an appropriate number at another venue, but risks following a softening market down.

Lot # S188 1910 Locomobile Model I Demi Tonneau; S/N 2376; Engine # 2376; Dark Blue, Black accent/Black leather; Black cloth top; Estimate $450,000 – $600,000; Older restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $370,000 – RHD. Warner drum speedometer, Rushmore acetylene headlights and generator, Gray & Davis kerosene sidelights and taillight, dual right side spares, Rubes-style bulb horn, cream wood spoke wheels, 36×4 1/2 tires. – Class first at Meadow Brook in 2010. Very good older paint. Good upholstery and top. Brass needs attention. – Sort of a poster car for Brass Era vehicles at Mecum, without any success except in showing off: At Monterey in 2013 it was reported bid to $400,000, at Houston in 2014 the bid was $450,000 and at Monterey in 2014 it was $375,000. It is a gorgeous older restoration showing a little age but no appreciable use except on and off transporters and seems to have been offered here with little intent of selling.

Mecum Indianapolis 2016 – Auction Report Page Nineteen

Lot # S191 1962 Pontiac Grand Prix Super Duty 2-Dr. Hardtop; S/N 962P8232; Maroon/White vinyl; Estimate $375,000 – $425,000; Concours restoration, 1 condition; With Reserve; Not sold at Hammer bid of $325,000 – 421/405hp Super Duty engine, 4-speed, full dual exhaust including dumps after the manifold, 8-lug wheels, whitewall tires, bucket seats with console and console-mounted tach, radio delete. – Restored by Scott Tiemann and previously from the Allan Gartzman collection. One of 16 1962 Grand Prix Super Duties. Excellent paint and panel fit. The brightwork is spotless as well. The engine compartment is immaculate and shows almost no run time. The underbody is phenomenal and the interior shows as new. First restored in 1992, and recently restored again. A better than showroom quality example of a rare Super Duty Pontiac. – Sold at the RM Milton Robson collection sale in 2010 for $181,500, a good value for the car’s performance and rarity. The result here is in a different ballpark, and we can only assume that there wasn’t real money at the reported high bid because if there had been it could have been sold with some gratitude.

Lot # S208 1969 Chevrolet Camaro ZL1 2-Dr. Hardtop; S/N 124379N609510; Dusk Blue/Black vinyl; Estimate $550,000 – $750,000; Older restoration, 2 condition; With Reserve; Not sold at Hammer bid of $600,000 – ZL1 427/425hp, 4-speed, power brakes, body color wheels with hub caps and Goodyear Wide Tread tires, radio delete, No. 18 of 69. – Represented to be the original aluminum ZL1 engine. Very good paint. Body panels are straight and the doors close effortlessly. The brightwork is in good condition with only some minor scuffing. The engine compartment is well sorted with some grime on the engine from use and pitting on the headers. The underbody is fully restored and extremely clean. The rather Spartan interior is well kept and shows like new. Restored once in the 1980s and again in 2000, although the car presents like it was more recent than that. Driven a little bit, but still beautiful and a great example of one of the most sought after Camaros, documented by the dealer order sheet and original bill of sale. – Sold at Mecum’s Fall Classic in 2005 for $840,000, then hammered not sold among the cornucopia of top-notch muscle cars in Kissimmee earlier this year from the Brett Torino collection at a high bid of $600,000. With the exact same reported high bid twice in six months, the market has pretty much spoken as to what this car deserves. Given that there was no purpose in buying a ZL1 except to flog it unmercifully down dragstrips the survival of the original engine block is something of a miracle – and a tribute the people who built and maintained it in its early life.

Lot # S211 1967 Chevrolet Corvette Coupe; S/N 194377S115892; Rally Red, Black stinger/Black vinyl; Estimate $125,000 – $175,000; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $50,000 – 427/400hp, three deuces, 4-speed, power brakes, power steering, side exhaust, telescopic steering column, AM/FM radio, air conditioning, red line tires. – Paint looks good other than a lot of fine swirl marks. Panel gaps and fit look great. Windshield is beginning to delaminate. Brightwork looks very good with some scratching and dulling on the front and rear windows. Engine compartment is original with a fair amount of grease and grime showing. Underneath is very dirty and has signs of a possible fluid leak. Interior looks very good with some wear on the driver’s side arm rest and on the steering wheel. A sound older restoration in better than average driver condition. – Offered at Kissimmee in January of this year with a reported high bid of $100,000. Why the bidding here stopped at half that is a mystery, one perhaps related to the TV schedule and need to speed up the docket. The reported high bid means nothing and should be disregarded.

Lot # S224 1965 Pontiac Bonneville Convertible; S/N 262675P320711; Capri Gold/Gold vinyl; Tan vinyl top; Estimate $45,000 – $60,000; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $45,000 – 389/325hp, 4-speed, heavy duty air cleaner, Safe-T-Track differential, power steering, power brakes, Hurst shifter, AM/FM radio, factory tachometer, 8-lug wheels, Protect-O-Plate. – Represented as unrestored and original. Showing 47,841 believable miles. Paint is definitely showing age with some small scratches throughout and touched up chips on the trunk, rear fenders and cowl. Panel gaps look very good. Convertible top is very good and fits well. Brightwork has a lot of scratches and pitting. Engine bay has been recently detailed to almost like new presentation. Underneath is showing some road rash and a little surface rust. Looks to have new exhaust. Interior is very good and only showing a little minor wear to the front seat. – Sold at Mecum Indy in 2012 for $34,980. An ordinary but still desirable and desirably equipped car but the reported high bid was sufficient for it.

Lot # S225 1957 Chevrolet Bel Air 2-Dr. Hardtop; S/N VC570178320; Tropical Turquoise, India Ivory/Turquoise, Black vinyl; Estimate $75,000 – $100,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $70,000 – 283/250hp Rochester fuel injection, Powerglide, dual mirrors, AM radio, dual antennas, E-Z Eye tinted glass, wheel covers, whitewall tires, dash clock. – Represented as a factory fuel-injected Bel Air with 42,439 actual miles. Paint is showing some age with some pitting and scratches. Brightwork is very good with some small scratches. Panel fit is very good. Engine bay is very clean with only slight signs of use. Underneath looks to have been recently undercoated. Interior is very good with some slight signs of wear and fading. It is a solid restored car that would be showable on a local level. – The hydraulic lifter FI engine isn’t nearly as desirable as the solid lifter variant, with all the challenges of keeping the FI in tune but none of the reward for the lumpy Duntov cam and extra 33 horsepower. At this point in the market cycle putting off taking money that’s close exposes the seller to the risk that the market will subside faster than expectations can be adjusted.

Lot # S230.1 1970 Dodge Challenger R/T SE 2-Dr. Hardtop; S/N JS23V0B269504; Sublime, Black/Black vinyl; Estimate $75,000 – $100,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $47,500 plus commission of 10.00%; Final Price $52,250 – 440/390hp Six Pack, 4-speed, power brakes, Rallye wheels with Goodyear Eagle GT tires, hood pins, vinyl roof, rear spoiler, console, pistol grip shifter, AM radio. – 10 year old restoration with very good high impact paint and tight vinyl top. The engine callout badges on the hood are faded. The graphics are in good condition. Bumpers are very shiny, while the stainless brightwork is scuffed around the back window and dinged around the front. The engine compartment is in good condition and clean. Interior is very clean with only minor wear to the driver’s seat. A well cared for old restoration. – Bid to $55,000 at Auctions America’s Auburn Fall last September, the result here was the essence of a good value in a car no longer good enough to show except locally, but more than good enough to show proudly at cruise nights and on tours.

Lot # S232 1965 Chevrolet Impala SS Sport Coupe; S/N 164375S152879; Black/Black vinyl; Estimate $55,000 – $70,000; Enthusiast restoration, 3+ condition; With Reserve; Hammered Sold at $40,000 plus commission of 10.00%; Final Price $44,000 – 409/400hp, 4-speed, power steering, body color wheels with hubcaps, power split bench seat, tachometer, AM radio, tilt steering column. – The paint has some light scratching on the fenders and front end. The bumpers are lightly pitted and have light scratching, and the door handles are heavily worn. The engine compartment presents very little use. The underbody has been redone a while ago but is now beginning to oxidize. The seats are used while the gauge lenses are becoming cloudy. An old enthusiast restoration represented to the original L31 engine. – An intriguing Impala that should be worth more if the original engine claim is correct. Even if it isn’t this is a highly enjoyable and powerful Impala that is menacing in its black/black livery with black wheels, tires and chrome dog dish hubcaps that is full value for the money.

Lot # S245 1970 Dodge Challenger R/T 2-Dr. Hardtop; S/N JS23R0B155925; Red, Black/Black vinyl; Older restoration, 2- condition; With Reserve; Hammered Sold at $96,000 plus commission of 10.00%; Final Price $105,600 – 426/425hp Hemi, automatic, broadcast sheet documented, AM Radio, hub caps, Polyglas GT tires, hood pins. – Restored by Legendary Motorcars. Paint looks very good other than a few minor blemishes throughout. Panel gaps and fit could use a little work. Brightwork looks good but has quite a few scratches as does the rear glass. Engine compartment has signs of wear and use since the restoration. Underneath was undercoated at some point and is now showing signs of use and road rash. Interior is in good shape with some fading on the tops of the door panels and rear interior panels. Console has some wear as well. A sound but used older restoration. – In 2008 this was a $130,000 no-sale here. At the Leake OK City sale in February of last year it was a $125,000 no-sale, then sold four months later at Leake Tulsa for $165,000. The consignor and the Indy bidders must know something not apparent when looking at the car because this result is cheap for any Hemi Challenger, even one restored eight or nine years ago.

Lot # S248 1970 Chevrolet Chevelle SS 454 Convertible; S/N 136670K168286; Tuxedo Black/Black vinyl; Black vinyl top; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $73,000 plus commission of 10.00%; Final Price $80,300 – 454/450hp LS6, 4-speed, power top, power brakes, power steering, F41 performance package, tinted glass, Magnum wheels, 3.31 Positraction. – Beautiful triple black LS6 Chevelle. No representation of matching numbers. Paint looks very good other than lots of light scratches throughout. Brightwork looks very good with some very little minor scratches. Panel gaps and fit could use a little help. Convertible top looks new and fits very well. Engine bay looks immaculate and showing no wear. Underneath looks just as clean as the rest of the car. Interior looks beautiful and new. Body-off restoration showing 44 test miles. – Hammered not sold in Kissimmee last year at a high bid of $125,000, then reported sold at Mecum Houston three months later for $129,600. It was bid to $60,000 on the block here and sold later at this price. There’s no way to tell how it was when it left the KC factory in 1970, but based on the result here it might not have been the LS6 it now sports with no claims to originality.

[Source: Rick Carey]

4 Comments

Leslie Reissner says:

August 18, 2016 at 1:08 pm

Another enjoyable summary with many interesting comments about the state of the market and what to look for in a restored car. However, as someone who wears a helmet while cycling I am disturbed by the insinuation that I could be a potential Bricklin purchaser.

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1. Rick Carey says:
  
  November 30, 2016 at 9:50 pm
  
  Hey, Leslie,
  I just came back from a cleaning at the dentist.
  They supplied me with safety glasses while I was in the chair.
  This whole ‘safety’ thing has gone waaay too far.
  
  Log in to Reply
Bill Maloney says:

August 27, 2016 at 7:46 am

I always look forward to your reports for their insight and humor Rick. Thanks again.

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Anonymous says:

May 20, 2018 at 2:30 am

I’m the proud owner of the 65 Grand Prix you wrote about. Bought it from a dealer in NC and shipped it to Sacramento, CA. Since getting it I’ve added a set of restored 8 log wheels, powder coated the suspension pieces and installed new bushings. Toyed with the idea of repainting it, but for now it stays original. Will likely drive it less than 25 Miles a year.

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Mecum Indianapolis 2016 – Auction Report

FOR SALE: 2008 Ferrari 430 GTC F131 Evo

FOR SALE: 1990 Spice SE90C C1 Group C

FOR SALE: 2005 Porsche 996 GT3 RSR

FOR SALE: 1972 BMW CSL 3.5 Liter Group 2

FOR SALE: 1972 De Tomaso Pantera Group 4

FOR SALE: 1959 ex-Works Lister Jaguar Costin

Bugatti Chiron Super Sport 300+ To Be Auctioned By Bonhams

A Rare Ferrari Enzo Could Fetch More Than $4.7 Million At Auction

This Rare 1967 Corvette L88 Is Expected To Fetch More Than $3 Million At Auction

RM Sotheby’s To Auction A McLaren P1 And Porsche 918 Spyder Both Finished In Blue

RM Sotheby’s To Auction A Collection Of 56 Porsches Finished In White

A Pair Of Mercedes-Benz CLK GTRs Is Heading To RM Sotheby’s Las Vegas Auction

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Mecum Indianapolis 2016 – Auction Report

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