Mecum Original Spring Classic 2013 – Auction Report

Mecum Indianapolis Original Spring Classic 2013 – Auction Report Page Three

1970 Oldsmobile 4-4-2 W-30 2-Dr. Hardtop
Lot # F217 1970 Oldsmobile 4-4-2 W-30 2-Dr. Hardtop; S/N 344870M326483; Matador Red, Black stripes/Black; Recent restoration, 2+ condition; Hammered Sold at $102,500 plus commission of 7.00%; Final Price $109,675. – 455/370hp, 4-speed, buckets and console, steel wheels, hubcaps, Wide Oval tires, wing – 31,633 miles. Excellent paint, chrome and interior. Restored like new. Represented as numbers matching drivetrain. Gorgeous as-built engine compartment. – An exceptionally handsome car in very good colors, matching numbers and claimed to be ‘all NOS parts’, which is far better than some others that could be named that qualify that statement with words like ‘as much as possible’. It brought a highly deserved premium price.
1968 Chevrolet Camaro RS/SS 2-Dr. Hardtop
Lot # F218 1968 Chevrolet Camaro RS/SS 2-Dr. Hardtop; S/N 124378L300836; Engine # T0813MW; Tuxedo Black, Red nose band, Black vinyl roof/Red; Recent restoration, 2 condition; Hammered Sold at $50,000 plus commission of 7.00%; Final Price $53,500. – 396/325hp L35, 4-speed, P/S, P/B, A/C, tinted glass, Rally wheels with trim rings, redline tires, 3.31 Positraction, console instruments, Hurst shifter, pushbutton radio – Restored like new with some minor but disturbing paint flaws. Very good chrome and interior. A car that isn’t entirely satisfying. – Offered with a ‘correct’ L35, which is not the functional equivalent of a ‘matching numbers’ L35 and particularly not of an ‘original’ L35. On the other hand with its mild state of tune, 4-speed, 3.31 rear axle and air conditioning it will be a comfortable, relaxed high speed cruiser. Add the good, if modestly unsettling, restoration and brought a price that should make the seller something more than content.
1969 Chevrolet Corvette Coupe
Lot # F219 1969 Chevrolet Corvette Coupe; S/N 194379S714381; Red/Black; Older restoration, 3+ condition; Not sold at Hammer bid of $47,000 $47,000. – 427/390hp, 4-speed, A/C, tee top, AM-FM, Rally wheels with trim rings, red line tires – An older restoration to like new condition, documented with Protect-o-Plate, original title application and time payment note. Good cosmetics but the chassis is dirty and aged. – This Corvette should have been on its way out the door before reaching the reported high bid.
1955 Chevrolet Corvette Roadster
Lot # F220 1955 Chevrolet Corvette Roadster; S/N VE55S001119; Engine # 0169275F55FG; Gypsy Red/Beige vinyl; Beige cloth top; Recent restoration, 2+ condition; Not sold at Hammer bid of $80,000 $80,000. – 265/195hp, Powerglide, WonderBar radio, spinner wheel covers, whitewalls, heater – Radio modified for AM-FM. Freshly restored to showroom condition. Not judged yet. – The ’55 Corvette is pretty wonderful, combining the original roadster body style with the new small block V-8. This result vastly undervalues this car even taking into account the absence of endorsements from NCRS or Bloomington Gold. The Indy bidders must have been on a bathroom break.
1970 Plymouth Road Runner Superbird
Lot # F221 1970 Plymouth Road Runner Superbird 2-Dr. Hardtop; S/N RM23U0A169451; Lime Light Green, Black vinyl roof/Black vinyl; Recent restoration, 2 condition; Hammered Sold at $120,000 plus commission of 7.00%; Final Price $128,400. – 440/375hp, 4-speed, Hurst pistol grip shifter, P/S, P/B, Magnum wheels with trim rings, F70-14 Polyglas tires, gauges, pushbutton radio, woodgrain steering wheel – Restored like new with excellent paint, chrome, stainless and interior. Engine compartment is sharp and nearly like new. Underbody is clean and crisp. 83,236 miles. Documented with the original broadcast sheet and represented as matching numbers engine and transmission. – The Indy bidders had a choice of nine winged Mopars, two Chargers and seven Road Runners. This is the second of them, and the first Superbird, to cross the block. With its known mileage, 4-speed and High Impact color it made a great impression and brought a representative price.
1972 Chevrolet Corvette ZR-1 Coupe
Lot # F223 1972 Chevrolet Corvette ZR-1 Coupe; S/N 1Z37L25504649; Red/Red; Cosmetic restoration, 3 condition; Not sold at Hammer bid of $225,000 $225,000. – 350/255hp, 4-speed, J56 brakes, F41 suspension, radio delete, Rally wheels with trim rings, narrow whitewalls, tee tops – Good cosmetic restoration with good paint and interior. Bright trim is scuffed. Engine compartment is clean and orderly but not restored. Brake booster and master cylinders are new. Documented with original tank sticker, build sheet, owner’s manual and Protect-o-Plate. NCRS Top Flight judged. – It’s a ’72, so new rules on net (instead of gross) horsepower applied to the ZR-1’s high performance small block, a vastly under-rated engine built in surpassingly small (just 20) quantity specifically for racing. It is one of the choice examples of Corvette performance even though it’s little appreciated by collectors mesmerized by 454 big blocks. This is a generous offer for a ZR-1, but not undeserved by its rarity and performance.
1967 Shelby Mustang GT500 Fastback
Lot # F224 1967 Shelby Mustang GT500 Fastback; S/N 67400F4A01002; Wimbledon White, Blue stripes/Black vinyl; Older restoration, 2- condition; Hammered Sold at $180,000 plus commission of 7.00%; Final Price $192,600. – 428/335hp, 4-speed, P/S, P/B, cassette stereo, underdash Rally Pack gauges, center mounted driving lights, 10-spoke alloy wheels, Radial T/A tires, Sport Deck rear seat, woodrim steering wheel – An older restoration to showroom condition freshly detailed for the auction with good paint, chrome, dashboard, interior and glass. Chassis is detailed. and clean where visible but grungy where it’s hard to see. – Ticks all the boxes except air conditioning, sincerely presented if somewhat overlooked in its deeper recesses. This is a premium price, however, full retail and then some.
1957 Ford Thunderbird Phase I D/F Convertible
Lot # F225.1 1957 Ford Thunderbird Phase I D/F Convertible; S/N D7FH202136; Inca Gold, Inca Gold porthole hardtop/Black, White vinyl; Black cloth top; Older restoration, 2 condition; Hammered Sold at $230,000 plus commission of 7.00%; Final Price $246,100. – Steel wheels hubcaps, blackwall 7.50-14 Firestones, hardtop and cloth soft top, Town & Country radio, overdrive 3-speed, steering column mounted McCullough supercharger gauges – Restored like new. Represented as one of 15 built, 8 surviving, prototypes for the 1957 Thunderbird supercharged ‘F-Bird’. Known history from new and judged perfect in Classic Thunderbirds competition. – A D-code 312/245hp Thunderbird built by Ford as a prototype for the supercharged F-birds. Been around a while, offered by RM in Arizona in 2009 with a $190,000 high bid, sold by Mecum in Indy in 2011 for $275,600, then reported sold in Monterey three months later for $265,000 and offered at Dallas last September with a reported high bid of $210,000. A significant piece of Ford and T-bird history now apparently in the hands of a collector who’s wanted it for years. With F-birds pushing $200K, the premium for one of the documented prototypes is reasonable.
1958 Chevrolet Corvette FI Convertible
Lot # F226 1958 Chevrolet Corvette FI Convertible; S/N J58S107186; Silver-Blue, Inca Silver coves, Silver-Blue hardtop/Silver-Blue vinyl; Silver-Blue vinyl top; Recent restoration, 3- condition; Hammered Sold at $117,500 plus commission of 7.00%; Final Price $125,725. – 283/290hp fuel injection, 4-speed, 4.11 Positraction, heater, WonderBar radio, spinner wheel covers, whitewalls – ‘Nut and Bolt restoration ‘Completed in February 2013’ by a ‘Corvette specialist’ who shall remain nameless. Represented as numbers matching engine although it is impossible to verify since the hood latch is bound up. The hardtop has a $100 paint job masked by an apprentice with bad eyesight. Inside the doors are covered in bodyshop grime. Trim bits are thinly chromed, pitted and scratched. Giving credit where it is due, the body paint nicely duplicates the original lacquer’s gloss but the chassis and underbody are covered in dust with surface rust on fasteners. There is more, but this is (more than) enough. – A surprisingly disappointing restoration that looks like it was done to a cheap price, and rushed to completion at that after languishing for a long time partially completed. The consignor should be ecstatic to get this much for it, and even more happy to be rid of it.
1969 Ford Mustang Boss 429 Fastback
Lot # F227 1969 Ford Mustang Boss 429 Fastback; S/N 9F02Z198913; Black/Black vinyl; Unrestored original, 2- condition; Hammered Sold at $255,000 plus commission of 7.00%; Final Price $272,850. – 429/370hp, 4-speed, Hurst shifter, Traction-Lok, P/S, P/B, Magnum wheels with chrome rims, Polyglas GT tires, pushbutton radio, console, sport mirrors, KK #2013 – Original throughout including paint with 35,473 miles. Clean and sharp but paint is showing its age. – This Boss-Nine’s auction history speaks for itself: $288,750 at Mecum Indy in 2008, $233,200 at Mecum Indy 2010 and $270,300 here. In 2008 its odometer showed 25,438 miles.
1969 Ford Mustang Boss 302 Fastback
Lot # F229 1969 Ford Mustang Boss 302 Fastback; S/N 9F02G197436; Bright Yellow, Matte Black hood/Black vinyl; Older restoration, 2 condition; Hammered Sold at $65,000 plus commission of 7.00%; Final Price $69,550. – 302/290hp, 4-speed, P/B, chromed Magnum wheels, F60-15 Polyglas GT tires, rear window slats, wing, chin spoiler, pushbutton radio – Sharp, clean, accurate restoration with excellent cosmetics. Impressively clean. Documented with Marti Report. – Sold for $17,500 at Barrett-Jackson Scottsdale in 1993 in freshly restored condition. That’s 393% appreciation in twenty years which sounds impressive until inflation, carrying costs and foregone investment opportunities are taken into account. A good car, this is right money for it today. A good car to compare with Lot #F193 sold earlier with a significant premium for originality.
1964 Cheetah Replica Evolution Coupe
Lot # F230 1964 Cheetah Replica Evolution Coupe; S/N SW134223PA; Red/Black cloth; Facsimile restoration, 2+ condition; Not sold at Hammer bid of $45,000 $45,000. – 350/290hp GM crate engine, 4-speed, Corvette 17 inch wheels, wide Bridgestone tires, Corvette suspension with coil overs – Freshly built and very sanitary. – A wholly made-up car, but representative of one of the most charismatic of Sixties’ specials and better than anything Bill Thomas ever built (which is saying a lot.) Is it $60,00 worth of showing off and scaring yourself with its over-powered short wheelbase chassis? You bet. It is ridiculous, like a Lancia Stratos is ridiculous. Count me in.