Mecum Kissimmee 2014 – Auction Report

Mecum Kissimmee 2014 – Auction Report Page Two

1970 Cadillac Coupe Deville 2-Dr. Hardtop
Lot # F159.1 1970 Cadillac Coupe Deville 2-Dr. Hardtop; S/N J0157406; Light Green, White vinyl roof/Green cloth, leather; Visually maintained, largely original, 3- condition; Hammered Sold at $7,750 plus commission of 8.00%; Final Price $8,370 – Wheel covers, narrow whitewalls, A/C and everything else. – Sound clear coat repaint with lots of overspray on dirty old undercoat in the wheelwell. Very good original interior. Dressed up for the auction. – It’s safe to call this an auction car, and it brought auction car money.
1958 Chevrolet Bel Air Impala Convertible
Lot # F165.1 1958 Chevrolet Bel Air Impala Convertible; S/N F58F229573; Snowcrest White, /Red, Silver, Black vinyl; White vinyl top; Modified restoration, 2 condition; Hammered Sold at $76,000 plus commission of 8.00%; Final Price $82,080 – Powerglide, P/S, P/B, pushbutton radio, dual rear antennas, spinner wheel covers, whitewalls. – Freshly restored like new with excellent paint, chrome and interior. Underbody is like new. Later replacement block (probably a 350, not the claimed 283) with polished Edelbrock intake and big Holley 4-barrel, chrome water pump, Mallory coil and distributor. Fresh and orderly engine but the modifications are disappointing. – Cosmetically this Impala is great. The rest of it, however, is the important stuff and it’s well done but unappealing. The price it brought is indicative of the cosmetics, not what’s under the hood.
1993 Ferrari 512 TR
Lot # F177 1993 Ferrari 512 TR; S/N ZFFLG40A8P0096223; Red, /Tan leather; Unrestored original, 2- condition; Hammered Sold at $105,000 plus commission of 8.00%; Final Price $113,400 – 18 inch 5-spoke alloy wheels, Pirelli PZero tires, A/C. – 9,816 ‘believed to be … original miles.’ Nothing about the 512 TR contradicts that statement, however. Good original paint, driver’s seat lightly stretched and bolster barely scuffed. Engine out belt service seven months ago. An unusually clean and barely used example with a clean CarFax. – Almost pristine and based on both observations and the seller’s statements about as good as a 512 TR can be, an evaluation confirmed by the price it brought.
1959 Chevrolet Apache 31 Napco Suburban
Lot # F179 1959 Chevrolet Apache 31 Napco Suburban; S/N 3A59N123761; Blue, /Charcoal, Beige vinyl; Recent restoration, 2+ condition; Hammered Sold at $59,000 plus commission of 8.00%; Final Price $63,720 – 283 V-8, 4-speed, NAPCO 4-wheel drive, 3 row seating, radio, turn signals. – Done everywhere to better than factory standards. Very good paint and interior. Bright, crisp chrome. A show truck done right, without being overdone. – With FJ-40 Land Cruisers bringing this much and more a rare and meticulously restored NAPCO Suburban at this price is a good value.
1962 Chevrolet Corvette FI Convertible
Lot # F180.1 1962 Chevrolet Corvette FI Convertible; S/N 20867S104187; Engine # 2104187 F1130RF; Sateen Silver, Silver hardtop/Black; Black top; Older restoration, 2 condition; Hammered Sold at $107,500 plus commission of 8.00%; Final Price $116,100 – 327/360hp fuel injection, RPO 687 brakes, hardtop and soft top, 4.11 Positraction, fast steering, 5 1/2 inch wheels, hubcaps, WonderBar radio. – Bloomington Gold Special Collection, NCRS Top Flight, represented as numbers matching. Meticulously maintained with only show and auction miles. – Sold at B-J in Palm Beach in 2006 for $137,160, then offered by RM at Ft. Lauderdale in 2009 with a reported bid of $130,000 and here in 2012 and 2013 with bids of $150,000 and $110,000 respectively. The consignor finally got real and took the money, which is right for this Corvette’s specs and condition.
1926 Franklin 11-A Touring
Lot # F185 1926 Franklin 11-A Touring; S/N 1583001; Red, Black fenders/Black leatherette; Black leatherette top; Older restoration, 3- condition; Hammered Sold at $44,000 plus commission of 8.00%; Final Price $47,520 – Red wood spoke wheels, chrome lock rings, whitewall tires, rear-mounted spare. – Old paint shines but is starting to blister. Sound major chrome, weak trim and windshield frame chrome. Sound interior and older top. Chassis and underbody are aged and road grimy. – A sound and usable old restoration that looks like it’s been used a-plenty and brought a generous price.
1968 Shelby Mustang GT350 Convertible
Lot # F186.1 1968 Shelby Mustang GT350 Convertible; S/N 8T03J183066-02917; Candy Apple Red, /Black; White vinyl top; Older restoration, 2- condition; Hammered Sold at $81,000 plus commission of 8.00%; Final Price $87,480 – 302/250hp, automatic, factory A/C, P/S, P/B, 10-spoke alloy wheels, Radial T/A tires, grille-mounted fog lights. – Well restored but showing age. Steering wheel rim is worn, mirror chrome is peeling. Underbody is like new. A mixed blessing. – Reported sold in 2004 by RM at Boca Raton for $55,640 is essentially the same condition as it was offered here with just 19 more miles on the odometer today. A better value than Lot #F141.
1935 Packard Super Eight 1204 Victoria Convertible
Lot # F189.1 1935 Packard Super Eight 1204 Victoria Convertible; S/N 847231; Tan, /Tan leather; Tan cloth top; Visually maintained, largely original, 3- condition; Hammered Sold at $105,000 plus commission of 8.00%; Final Price $113,400 – Orange wire wheels, trim rings, wide whitewalls, Trippe lights, dual enclosed sidemounts with mirrors, tan cloth covered trunk. – Old repaint, hard, cracked body seals, creased and stretched upholstery, worn, discolored dashboard. Dirty underbody. Fair chrome. A tired and neglected old cosmetic redo that needs a good home. – Sold at Dave Rupp’s Ft. Lauderdale auction in 2008 for $98,280, then at Mecum’s Dallas auction last September for $103,790. A desirable body style, but this one needs a lot of attention before it rises even to the stature of a sound, reliable and presentable tour car and brought a very healthy price for what it is.
1935 Morgan F4 Roadster
Lot # F194 1935 Morgan F4 Roadster; S/N F173; Red, Black/Beige; Black leatherette top; Recent restoration, 2+ condition; Hammered Sold at $29,000 plus commission of 8.00%; Final Price $31,320 – RHD. Beige wire wheels, chrome radiator shell, later gauges. – Freshly restored, in some areas over-restored, with excellent paint, chrome and interior. – Offered here a year ago with a reported high bid of $35,000. The consignor should have taken the money, but the buyer in this occasion got a sound value in a rarely seen Morgan that will enjoy positive attention at any Morgan or British car gathering.

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Show Comments (8)

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  1. Rick: It appears that the XK120, Lot S180.1, has a cut down windshield. This could be why there is no top.

  2. It does look low, but the hooks for clamping a top down on the windshield posts are there. I think it just got lost somewhere.
    Nice catch.

    Rick

  3. Hey Rick, always a fan of your reports, especially on the Corvette and muscle car auctions. I appreciate your car by car descriptions and often go back to the auction catalog to see how the cars were presented in the catalog vs your description which often gives the actual condition number of the car. I find it very helpful and interesting noting the difference between what I perceived the car to be from the catalog and what it actually is after your inspection, especially since I am handicapped and cannot get to as many auctions as I’d like to see the cars for myself. The one request I would make is that you always list the condition number (sometimes that it missing) with the other details. I look forward your work each month. I might suggest you take a break and get the Alfa out and enjoy it, especially after such a brutally cold and much too long winter..

  4. Rick,

    Another great report, thanks for all the effort you put into it. I especially enjoy where you trace a cars auction history. Do you mind sharing where info from?

    1. The prior auction result data comes from my own personally compiled and maintained auctions result database. It contains results primarily from the early 90’s to the present but some from prior auctions which I have compiled from catalogs and a variety of sources for the sale and value data.
      I continue to build it, both forward and backward, as data sources and time permit.
      I’m happy to consult it on behalf of others, either with regard to a specific chassis number or for a specific year/marque/model. If I don’t have anything its free; if I come up with meaningful data it costs a little more.

      Rick

        1. Bill,
          No, I don’t do appraisals. It would be, I feel, expose me to conflict of interest situations, and I’m more than busy enough doing the auction reports and some articles.
          Having said that, I’m more than willing to compile and send comparable transaction background that lets you, or a qualified appraiser, form opinions of value.