Mecum Kissimmee 2014 – Auction Report

Mecum Kissimmee 2014 – Auction Report Page Seven

1967 Chevrolet Corvette Roadster
Lot # S091 1967 Chevrolet Corvette Roadster; S/N 194677S105700; Engine # 7105700 V1129HE; Black, Black hardtop/Black leather; Black top; Older restoration, 3+ condition; Hammered Sold at $62,000 plus commission of 8.00%; Final Price $66,960 – 327/300hp, 4-speed, two tops, AM-FM, A/C, alloy wheels, red line tires. – Restored to good standards and represented as matching numbers engine. Shows some age and use underhood which has been disguised with a more recent rattle can touchup of chassis black. Aside from that, an attractive and attractively equipped Corvette. – Bought right for what it is, this Corvette should be a satisfying driver at an equally satisfying price.
1949 MG TC Roadster
Lot # S095 1949 MG TC Roadster; S/N TC9827; Engine # XPAG10477; Burgundy, /Beige leather; Beige cloth top; Recent restoration, 2+ condition; Hammered Sold at $37,000 plus commission of 8.00%; Final Price $39,960 – RHD. Silver painted wire wheels, whitewalls, side curtains, Marchal fog lights. – Very good throughout, restored to showroom condition and kept that way. Looks very sharp and stylish on the whitewalls. – An appealing example of a well restored TC for which a little more could have been paid without being excessive.
1952 Cadillac Series 62 Convertible
Lot # S095.1 1952 Cadillac Series 62 Convertible; S/N 526221705; Blue, /Beige leather, Blue piping; Dark Blue cloth top; Older restoration, 2 condition; Hammered Sold at $90,000 plus commission of 8.00%; Final Price $97,200 – 331/190hp, automatic, P/S, P/B, P/W, pushbutton radio, chrome wire wheels, whitewalls, skirts, continental kit. – A very good older restoration with an especially soft, inviting leather interior. Paint, chrome, glass are like new or better. Paint quality is let down by a few obscure edges that were given short shrift during wet sanding. – A well-traveled Cadillac sold by Worldwide in Houston in 2006 for $90,800, then offered by Mecum in Houston in April 2012 with a reported high bid of $100,000 before being sold by Auctions America at Auburn Fall in 2012 for $80,850. Its colors are great and it has serious eye-appeal which contributed to the appropriate price it brought here. This is a Cadillac that will be a real joy to drive and will attract plenty of positive attention. An early 50’s Cadillac 62 Convertible is a marvelous thing.
1958 Packard Hawk 2-Dr. Hardtop
Lot # S097.1 1958 Packard Hawk 2-Dr. Hardtop; S/N 58LS1413; Red, /Tan leather; Recent restoration, 2+ condition; Not sold at Hammer bid of $80,000 plus commission of; Final Price $80,000 – Chrome wire wheels, whitewall tires, pushbutton radio, automatic, P/S, P/B. – Excellent paint, chrome and interior. Engine dressed up with lots of shiny paint, chassis done like new but the underbody still has old undercoat. Very glitzy, as a ’58 Hawk should be. – Rerun Sunday as U103.1 with no result reported. This is not the best Hawk in the world but the consignor having turned down this reported bid apparently thinks it is better than the best. It should have been in the market at $65,000 on its best day.
1959 Mercedes-Benz 190SL Roadster
Lot # S109.1 1959 Mercedes-Benz 190SL Roadster; S/N 121040109500447; Red, /Red leather; Tan cloth top; Cosmetic restoration, 3+ condition; Hammered Sold at $117,000 plus commission of 8.00%; Final Price $126,360 – Hubcaps, trim rings, narrow whitewalls, two tops, white steering wheel, multiband radio. – Good paint, chrome and interior. Underbody slathered with sealer. Engine is done, but not like new. – Appropriate priced in today’s over-priced 190SL market.
1956 Chevrolet Corvette SR Prototype 'The Real McCoy'
Lot # S132 1956 Chevrolet Corvette SR Prototype ‘The Real McCoy’; S/N E55S001194; White, Blue stripes and coves/Red vinyl; Competition restoration, 2+ condition; Not sold at Hammer bid of $0 plus commission of; Final Price – 307/255hp, ZF 4-speed, gold Halibrand centerlock wheels, BFG Silvertown bias ply tires, driver’s windscreen, White vinyl passenger seat tonneau, quick fill fuel cap, GE driving lights. – 1st in Class and 9th Overall at Sebring in 1956 driven by John Fitch and Walt Hansgen, 2012 Bloomington Gold Great Hall Inductee, Driven by Zora Duntov to a new two-way Flying Mile Speed Record on the sand at Daytona Beach. About as historic and significant as any Corvette can be. Very good paint, interior, engine and chassis. Restored better than new and now a little aged but nearly pristine. – No result reported. It’s interesting to contemplate what this Corvette, with its class win at Sebring in 1956, means to the Corvette brand, not only by its victory but by the development work that went into producing many of the specialized performance parts that individual Corvette racers would employ in coming years to set Corvette apart in racing. The buyer isn’t here, but the buyer is out there.
1967 Shelby Mustang GT350 Fastback
Lot # S133 1967 Shelby Mustang GT350 Fastback; S/N 67210F3A00117; Black, /Black; Unrestored original, 3- condition; Not sold at Hammer bid of $140,000 plus commission of; Final Price $140,000 – 289/306hp, automatic, P/S, P/B, 5-spoke Shelby wheels, pushbutton radio, center grille high beams, underdash Rally Pack gauges, woodrim steering wheel, roof scoop mounted side marker lights. – Represented as numbers-matching engine. Bad old repaint, blistered side scoops, cracked hood scoop, blistered rear deck. Sound interior and orderly but aged engine. Clean, dry underbody. An unusual, mostly original Shelby that needs paint but not much else. – The contrast of originality and condition didn’t inspire the Kissimmee bidders. Unfortunately for them because they missed a rare opportunity.
1974 De Tomaso Pantera GTS
Lot # S136 1974 De Tomaso Pantera GTS; S/N THGTNE07005; Burgundy, Black hood and deck/Black; Visually maintained, largely original, 2- condition; Not sold at Hammer bid of $100,000 plus commission of; Final Price $100,000 – A/C, no radio, Campagnolo wheels, Arriva tires, riveted flares, P/W, leather rim steering wheel. – Said to be 774 miles and looks like it, except for the very good clearcoat repaint. – How bad did the original paint have to be to make it appropriate to give it a new clearcoat repaint that spoils this Pantera’s originality? Bad decision, and it will take a paradigm shift to make this repainted Pantera worth what its consignor thinks it is. It’s a $75,000 car with the repaint, maybe $90,000 with the original paint.
1973 Porsche 911 Carrera RS Touring
Lot # S145 1973 Porsche 911 Carrera RS Touring; S/N 9113601222; Light Ivory, /Black leatherette; Visually maintained, largely original, 2+ condition; Not sold at Hammer bid of $500,000 plus commission of; Final Price $500,000 – – — A no-sale at RM Monterey last August at $430,000. Why is it worth more five months later?

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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.