Auction NewsAuction ResultsAuctionsMecum Auctions·0 CommentsMecum Original Spring Classic 2013 – Auction ReportRick Carey·June 18, 2013 Mecum Indianapolis Original Spring Classic 2013 – Auction Report Page Five Lot # F263 2002 Ferrari 360 F1 Spider; S/N ZFFYT53A920130150; Silver/Grey leather; Unrestored original, 2- condition; Hammered Sold at $86,000 plus commission of 7.00%; Final Price $92,020. – 19 inch front, 20 inch rear HRE modular wheels with Michelin low profile tires, silver calipers, power seats, glass engine cover, power top, Challenge grilles – 15,165 miles from new, clean Carfax. Black coating worn off windshield post trim. Seats lightly surface creased and interior door handle panels covered in goo, otherwise clean and hardly used at all, an orderly used Ferrari. Assembly #47184. – What is it about Ferraris’ interior black that accumulates sticky residue? You’d think, for the money these cars cost, they could just mill them out of aluminum billet and satisfyingly black anodize them. This car might have brought a little more for all of its egregiously expensive factory options, but in general is realistically priced. Lot # F264 1957 Chevrolet Bel Air Convertible; S/N VC57T277176; Engine # T8930D; Imperial White/Red, Silver vinyl; White vinyl top; Older restoration, 3+ condition; Not sold at Hammer bid of $62,000 $62,000. – 283/220hp, 3-speed, 4-barrel, P/S, pushbutton radio, power antenna, dual rear antennas – Decent older restoration in an unusual and attractive color. Lightly scuffed stainless trim. Engine shows use and age. Underbody is very tidy. A great ’57 Bel Air for cruising, but no longer better than that. – Reported sold by Auctions America in Ft. Lauderdale in March for $63,250. Rerun Sunday as U159, no sale at $50,000. No surprise the consignor ran for cover, but the results here in Indy are what it’s worth and ’57 Chevy values aren’t getting any better. Lot # F265.1 1968 Oldsmobile Cutlass S Convertible; S/N 336678M451336; Light Yellow/Black vinyl; White vinyl top; Facsimile restoration, 3+ condition; Hammered Sold at $24,000 plus commission of 7.00%; Final Price $25,680. – 400, 4-speed, Hurst shifter, bench seat, P/S, P/B, Super Stock wheels with chrome rims, Firehawk radial tires, Jensen CD stereo, limited slip – Faux-Faux-Two replica with very good paint and major chrome, scuffed stainless windshield post trim, good interior and interior trim. Underbody has old undercoat but has been cleaned up and repainted. A presentable weekend cruiser that will hold its own at the DQ. – Replaced engine. Despite the erratic upgrades and fake badging this isn’t a bad car, it’s just not what it purports to be but with real 4-4-2 convertibles scratching at the stratosphere in value it’s worth what it brought today. Lot # G034 1970 Plymouth GTX 2-Dr. Hardtop; S/N RS23U0G223831; Blue, Black stripe/Blue vinyl; Older restoration, 3+ condition; Hammered Sold at $30,000 plus commission of 7.00%; Final Price $32,100. – 440/375hp with Six Barrel added, automatic, P/S, P/B, bucket seats, rally wheels with trim rings, Air Grabber hood – A fairly good. older restoration with sound, presentable paint, chrome and interior. Replacement block. Straight body with flush fits and even gaps. Underbody is neat but shows age and use and hasn’t been like new since 1970. – By most accounts this is ‘just a car’, but it’s more car than the money it brought, at least on cruise night when the gorgeous underhood display of the Six Barrel will inspire more awe than questions about its originality. The price is in one sense ‘right’ but in another a good value. A bragging rights car at a modest price. Lot # G040 1972 Plymouth Valiant 4-Dr. Sedan; S/N VL41G2R276016; Blue, Black vinyl roof/Blue; Recent restoration, 2 condition; Hammered Sold at $7,500 plus commission of 6.67%; Final Price $8,000. – 318/150hp, automatic, pushbutton radio, aftermarket A/C, remote outside mirror, wheel covers, blackwall tires, P/S – Restored to nearly like new with very good paint, chrome, interior and polished stainless trim. Engine compartment is very sharp and fresh. Underbody has been painted assembled but done well. – A restored Valiant? Miraculous, and extremely well done on top of its survival. This is bragging rights at a bargain price. Lot # G041 1941 Plymouth PT125 Pickup; S/N 81004713; Burgundy/; Truck restoration, 3+ condition; Hammered Sold at $14,500 plus commission of 7.00%; Final Price $15,515. – Hubcaps, trim rings, blackwall tires, varnished oak bed floor and side boards, stainless bed strips, chrome front bumper, wood rear bumper – Freshly done to a marginal standard with minimal paint prep but good chrome and interior. Engine minimally restored. Good new bed wood. A sound, utilitarian truck restoration. – Looks good, but only from 10 feet (or maybe 20 feet) away, the seller should be happy to get this much for it. It might bring a little more somewhere later, but not enough to rate hoping to flip it. This is a keeper for weekend errands at a realistic price. Lot # G044 1971 Chevrolet Chevelle Convertible; S/N 136671R129914; Silver, Black stripes/Black vinyl; Black vinyl top; Visually maintained, largely original, 4 condition; Hammered Sold at $10,500 plus commission of 7.00%; Final Price $11,235. – 307/automatic, P/S, 5-spoke alloy wheels, Eagle ST tires, bucket seats – Awful ripply repaint, torn top, thin, rusty chrome, ugly upholstery. A good car to avoid. – A particularly ugly and neglected car, sold for a nearly miraculous price for its condition. Lot # G063 1965 Chevrolet Corvair Monza Convertible; S/N 105675W283425; Yellow/Black vinyl; Black vinyl top; Visually maintained, largely original, 3 condition; Hammered Sold at $7,750 plus commission of 6.45%; Final Price $8,250. – 4×1 carbs, Powerglide, pushbutton radio, wire wheel covers, redline tires, luggage rack – Sound repaint, interior and top. Visible filler in right side. Thin, scuffed chrome. An orderly and presentable example but nothing you’d want to take home to your girl’s family. – I have a weakness for the second generation Corvairs which are remarkably fun cars car drive and handle superbly, Ralph Nader notwithstanding. I don’t have much of a weakness for this one, though. It has potential, but not much. Lot # G154 1972 De Tomaso Pantera Coupe; S/N THPNMB02550; Red/Black; Visually maintained, largely original, 3- condition; Hammered Sold at $33,000 plus commission of 7.00%; Final Price $35,310. – Cassette stereo, de Tomaso Campagnolo wheels, Goodyear Eagle tires, engine modified with cam and carb, L bumpers and engine cover – Poor old repaint, sound original interior, tired and aged. Smells moldy inside. – Modified, like most Panteras, but not beyond recovery, this is a supercar for TR3 money. Many parts come from NAPA or AutoZone and the rest are, while expensive, available. This is the right money for this car’s age, crappy repaint and condition. Trouble is, it’ll probably look just like this in two years when it comes back to the market with a few hundred more miles on its odometer. Lot # G160 1970 Pontiac Catalina Convertible; S/N 252670X163020; Green/White; Beige vinyl top; Visually maintained, largely original, 3- condition; Hammered Sold at $9,250 plus commission of 5.41%; Final Price $9,750. – 400/290hp, 2-barrel, automatic, Rally II wheels, pushbutton radio, A/C, P/S, P/B – Mostly original with a decent repaint, good interior, major chrome and top. Sun bleached dashboard, pitted trim chrome. Underbody painted over old undercoat. Filthy engine, no belt on A/C compressor. Aged but presentable, at least on the outside. – Not the car most people would like to take care of even if they’d like to be seen driving it in good condition, this Catalina has needs, many needs and the price it brought reflects them. It might be low enough, although that’s doubtful. Lot # S019 1968 Shelby Mustang GT350 Convertible; S/N 8T03J204863-03374; Red/Black leatherette; White vinyl top; Older restoration, 3+ condition; Not sold at Hammer bid of $73,000 $73,000. – 302/250hp, automatic, P/S, P/B, A/C, Shelby 10-spoke alloy wheels, Goodyear Speedway tires, cassette stereo – Good bodywork with flush fits, flat panels and even gaps. Good paint, interior and major chrome but scuffed windshield trim. Some orange peel. Orderly but showing ago under the hood and under the car. A sound GT350 Convertible that won’t mind being driven. – Sold by RM at the Charlie Thomas collection auction last October for $90,750, it has been trying to find that level since, trolling through Auctions America’s Ft. Lauderdale auction in March at a high bid of $70,000 before ending up here. A good car, it’s a ’68 GT350 and this is enough for it, despite the earlier result. Lot # S084.1 1966 Chevrolet Corvette Roadster; S/N 194676S114412; Engine # 6114412 T0221IL; Silver Pearl, Silver Pearl hardtop/Black leather; Black vinyl top; Cosmetic restoration, 3 condition; Hammered Sold at $47,000 plus commission of 7.00%; Final Price $50,290. – 427/390hp, 4-speed, P/B, two tops, side exhausts, spinner wheel covers, narrow whitewalls, AM-FM – Not the 425hp on the car card and air filter sticker. Mediocre old repaint erratically finished. Orderly but aged underhood, grubby chassis, steering box leaks. Hardtop seals don’t fit. Sound interior, fair dash and gauges. Pitted vent window frame chrome. A quick, superficial old restoration with flawed paint, good interior, mixed chrome, grungy engine and some sketchy wiring. Represented as original, matching numbers engine. A usable but marginal Corvette driver. – Rerun of Friday F268, no sale at $60,000. The shortcomings in presentation and restoration notwithstanding this is a sound big block Corvette with ample equipment that brought a modest price reflecting its mixed considerations. It’s sure a better deal on Sunday that it would have been on Friday.