Mecum Original Spring Classic 2013 – Auction Report

Mecum Indianapolis Original Spring Classic 2013 – Auction Report Page Two

1967 Chevrolet Corvette Roadster
Lot # F197 1967 Chevrolet Corvette Roadster; S/N 194677S103456; Tuxedo Black, Blue stinger/Blue vinyl; Blue vinyl top; Older restoration, 2- condition; Hammered Sold at $610,000 plus commission of 7.00%; Final Price $652,700. – 427/400hp, 4-speed, P/B, P/S, A/C, alloy wheels, blue line tires, AM-FM, two tops, P/W – Bloomington Gold Certified, Triple Crown Award, NCRS Top Flight Award, Gold Spinner, Top Gun. Restored like new with a little age and use showing. Documented with tank sticker, Protect-O-Plate and letter from the original owner. – The distinguishing characteristic of this Corvette is its Black over Blue color combination and big block engine, a distinction that seems at best peripheral to value, or at least to value of this magnitude. ‘One of a Kind’ should mean more than this. Lots of hype, little significance, very expensive.
1972 Chevrolet C10 Cheyenne Super Pickup
Lot # F198 1972 Chevrolet C10 Cheyenne Super Pickup; S/N CCE142S146634; Black/Black leatherette, herringbone; Concours restoration, 1 condition; Hammered Sold at $57,500 plus commission of 7.00%; Final Price $61,525. – 402/300hp 4-barrel, automatic, P/S, P/B, A/C, short bed, oak floor, stainless bed strips, chrome Rally wheels, spinner center caps, AM/FM, tilt column, short bed – Restored better than new with great paint, chrome and interior. Engine is immaculate. Chassis and underbody are clear coated. A show truck, top to bottom and inside and out. – This could well be the best pickup truck in the world. Certainly it is if its price is added to the equation. Is it expensive? Not really. The caliber of the workmanship and materials is beyond impeccable. Is it a good value? No, not that either. It is an over-restored object of veneration, which will depreciate with every stone chip and coating of dust. But for the moment it is beyond perfect and quite wonderful, and it brought an appropriately wonderful price.
 1963 Chevrolet Corvette Coupe
Lot # F199 1963 Chevrolet Corvette Coupe; S/N 30837S108938; Black/Red; Older restoration, 2- condition; Hammered Sold at $240,000 plus commission of 7.00%; Final Price $256,800. – 327/340hp, 4-speed, P/B, AM-FM, spinner wheel covers, narrow whitewalls – 42,116 miles, Bloomington Gold, NCRS Duntov Award, Top Flights. Excellent paint, chrome and interior, an excellent car but no longer fresh. – Corvettes were bringing big money based on miniscule distinctions at Mecum Indy, like the Black/Red color scheme and low mileage of this ’63 coupe. It’s hard to see how the bidders assessed developed such a high value in this case; an attractive and well-equipped Corvette, but a quarter-million dollars?
1968 Chevrolet Corvette L88 Convertible
Lot # F200 1968 Chevrolet Corvette L88 Convertible; S/N 194678S419379; Black, Black hardtop/Black leather; Older restoration, 2- condition; Not sold at Hammer bid of $625,000 $625,000. – 437/430hp, 4-speed, J56 P/B, Rally wheels with trim rings, bias ply blackwall tires, hardtop only, 3.70 axle, radio delete – 16,723 miles from new, Bloomington Gold certified. A quality older restoration to like new with some subsequent use and age. – This is the pinnacle of the Corvette legend, and it not only is an L88 but it’s a low miles L88. On the other hand it’s a ’68 with the less attractive Mako Shark style body. Chevy turned out four times as many L88s as ’67 and the reported high bid would seem to have been sufficient to find a new home.
1970 Oldsmobile 4-4-2 W-30 Convertible
Lot # F202 1970 Oldsmobile 4-4-2 W-30 Convertible; S/N 344670M167130; Sebring Yellow, Black stripes/Black leatherette; Black vinyl top; Recent restoration, 3+ condition; Not sold at Hammer bid of $85,000 $85,000. – 455/370 W-30, M21 4-speed, W-25 hood, P/S, no P/B, Rally wheels with trim rings, G70-14 Polyglas tires, pushbutton radio, underdash 8-track, buckets and console, red front fenderwells, 3.91 limited slip axle – Excellent paint, chrome, interior and top. Underbody is repainted assembled over old undercoat in rear fenderwells. Engine compartment is pretty but not like new. No representation of numbers-matching. An unusual and attractive 4-4-2 that deserved more thorough and accurate attention. – 4-4-2 W-30 high performance Cutlasses are enjoying a resurgence in value, but this car’s restoration is less elaborate than many similarly equipped freshly restored 4-4-2s and, even in Sebring Yellow, the reported high bid is a reasonable compromise among presentation, specification and the uncertainty left by the lack of a matching-numbers claim.
1967 Shelby Mustang GT500 Super Snake Fastback
Lot # F203 1967 Shelby Mustang GT500 Super Snake Fastback; S/N 67402F4A00544; White, Blue stripes/Black; Cosmetic restoration, 2- condition; Hammered Sold at $1,300,000 plus commission of 7.00%; Final Price $1,391,000. – 427/600hp, 4-speed, 10-spoke wheels with 7.75×15 Firestone Thunderbolt narrow whitewall tires, Rally Pac gauges underdash plus SW oil temperature gauge, woodgrain steering wheel, no console, pushbutton radio, rollbar, 4-point belts, grille mounted high beams – Special GT500 built with 427 engine for a marketing gimmick with Goodyear, testing skinny tires. Later drag raced and neglected but later found and restored to as-tested configuration including several unique features. Good paint, chrome and interior. Highly original and sympathetically cosmetically restored and preserved. – And you thought the twin supercharged Cobra 427 (CSX 3015) sold for $5.5 million at Barrett-Jackson Scottsdale in 2007 was the ‘Super Snake’? If so you underestimated Carroll Shelby’s genius for recognizing a good thing (or a good name) and the Shelby world’s assimilation of that lesson. Here we have a single purpose GT500 with big, burly 427 GT40 engine put together for a tire test promotion. And not race tires, skinny, tall 7.75×15 street tires. It has no noteworthy accomplishments after circling the San Angelo, Texas Goodyear high speed test circle for 500 miles at 142mph. $1.3 million is a lot to pay for this car and its history, but it is emphatically a record for a Shelby Mustang that should live for some time.
1969 Dodge Charger Daytona 2-Dr. Hardtop
Lot # F204 1969 Dodge Charger Daytona 2-Dr. Hardtop; S/N XX29L9B409067; Light Yellow, Black tail stripe/Black vinyl; Older restoration, 3+ condition; Hammered Sold at $100,000 plus commission of 7.00%; Final Price $107,000. – 440/375 hp, automatic, Magnum wheels, red line tires, pushbutton radio, replacement 1969 date code block, bucket seats and console – Freshly repainted, chrome refreshed and stainless polished. Dashboard and instruments are aged and dirty. Upholstery is sound. Underbody is aged. Decent nose cone fit. Cosmetically freshened and makes a good first impression that doesn’t hold up on closer approach. – There were two Charger Daytonas at Mecum’s Indy auction as well as seven Roar Runner Superbirds, as comprehensive a collection of winged Mopars as has ever been assembled outside a model-specific gathering. This Daytona with its replacement engine brought a reasonable price, maybe even a little light when considering the Daytona’s smaller production compared with its Plymouth Superbird counterpart.
1966 Plymouth Belvedere II Hemi Convertible
Lot # F207 1966 Plymouth Belvedere II Hemi Convertible; S/N RH27H67233844; Mauve Metallic (661)/Black; Black vinyl top; Older restoration, 2 condition; Hammered Sold at $150,000 plus commission of 7.00%; Final Price $160,500. – 426/425hp Hemi, dual quads, automatic, no P/S or P/B, 3.23 Sure Grip, steel wheels, hubcaps, blue line tires, pushbutton radio, bench seat – Represented as original engine and transmission. Restored to showroom condition with excellent clear coat paint, bright, crisp chrome, good interior and top, sharp dash and gauges. The chassis’ recesses are dusty but otherwise shows little age or use. – An extremely rare car described as one of 10 built, 6 automatics and the only Hemi convertible in this distinctive color, it should occupy a place of pride in any collection even though it is something of a sleeper. Take off the Hemi tag and it will look like any other mundane 318-powered Belvedere II convertible … that is, until it has the pink slip for your pride and joy locked firmly in its Hemi’s jaws. It is a sound value at this price.
1957 Chevrolet Bel Air FI 2-Dr. Hardtop
Lot # F208 1957 Chevrolet Bel Air FI 2-Dr. Hardtop; S/N VC57A196129; Matador Red/Red vinyl, Black cloth; Recent restoration, 2- condition; Not sold at Hammer bid of $72,000 $72,000. – 283/250hp Fuel Injection, 3-speed, spinner wheel covers, bias ply whitewall tires, pushbutton radio – Freshly restored with excellent paint, chrome and interior. Engine compartment is a little overdone with shiny paint. FI unit leaks and shows fuel residue on and under it. – The seller might be right in waiting for more that this bid for this freshly restored and appropriately optioned 3-speed, hydraulic lifter FI Bel Air, but it might have been wiser to lift the reserve and hope for a bump even if meant taking the $72,000 and moving on.
1969 Pontiac GTO Judge 2-Dr. Hardtop
Lot # F209 1969 Pontiac GTO Judge 2-Dr. Hardtop; S/N 242379A133269; Engine # 0472134 XP; Orange, Black vinyl roof/Black vinyl; Older restoration, 3 condition; Hammered Sold at $56,000 plus commission of 7.00%; Final Price $59,920. – 400/370hp Ram Air IV, automatic, P/S, P/B, Rally II wheels, Wide Oval tires, pushbutton radio, buckets and console, hood tach, factory gauges, 3.90 Safe-T-Track – Good older restoration with attractive paint and chrome but plenty of miles showing on the engine, chassis and underbody. Instruments are dusty inside their housings, as is the rest of the interior. Represented as numbers matching but no PHS or other documentation is offered. – While this is a highly desirably equipped GTO Judge its condition is disappointing, as is the apparent lack of any PHS or other documentation of its correct configuration. The consignor should be happy to get this much for it.
1969 Ford Mustang Boss 302 Race Car
Lot # F214 1969 Ford Mustang Boss 302 Race Car; S/N 9F02G198243; Blue, Matte Black hood/Black; Competition restoration, 3+ condition; Hammered Sold at $85,000 plus commission of 7.00%; Final Price $90,950. – Two seats, 8-spoke alloy wheels, Goodyear race tires, full current historic race prep – Neat and sanitary older vintage race car preparation and maintenance. Raced in England, not the US, by Richard Lloyd. Sold on a bill of sale. – ‘Trans Am’ is writ large on the description of this Boss 302, but this is no more a Trans Am Boss 302 than any of the other 1,933 Boss 302s built to homologate it for the Trans Am series. It has no Trans Am history. That is important and accounts for its modest price, an economical entry into historic racing in a well prepared car.
 1966 Shelby Mustang GT350 Fastback
Lot # F216 1966 Shelby Mustang GT350 Fastback; S/N SFM6S1399; Blue, White stripes/Black vinyl; Unrestored original, 3+ condition; Hammered Sold at $195,000 plus commission of 7.00%; Final Price $208,650. – 289/306hp, 4-speed, 10-spoke alloy wheels, Radial T/A tires, woodgrain steering wheel, dashtop tach, radio delete, Sport Deck rear seat – One family owned from new, original VIN stamped engine. Original touched up paint. Sound chrome and interior. A choice Shelby Mustang. – Another example of a premium price for original, unrestored, no-stories Muscle/Pony cars, this is strong money for the underlying GT350 but a reasonable premium for its matching numbers-ness, one family history and originality.