Mecum Seattle 2014 – Auction Report

Mecum Seattle 2014 – Auction Report Page Two

1960 Mercedes-Benz 190SL Roadster
Lot # S105.1 1960 Mercedes-Benz 190SL Roadster; S/N 12104210014402; Blue DB350, Blue hardtop/Tan leather; Beige cloth top; Recent restoration, 2 condition; Not sold at Hammer bid of $120,000 – Hubcaps, trim rings, narrow whitewalls, Solex carbs, two tops, clock, AM-FM, Nardi woodrim steering wheel. – Very good clearcoat paint, chrome, interior and top. Carefully restored with showroom presentation under the hood and under the car, except for the chromed cam cover and intake plenum. – The 190SL nitwits weren’t in Seattle, leading this very good 190SL to fall short of its consignor’s exaggerated expectations. No matter how it’s parsed, however, $120,000 is a lot to pay for a 105hp boulevardier produced in prodigious (25,881) quantity. ‘Hogs get slaughtered’, and this is the time to get out of 190SLs, a concept lost on this consignor.
1970 Chevrolet Chevelle SS 454 2-Dr. Hardtop
Lot # S106.1 1970 Chevrolet Chevelle SS 454 2-Dr. Hardtop; S/N 136370K151985; Engine # T0105CRV; Cortez Silver, Black stripes/Red vinyl; Recent restoration, 2+ condition; Hammered Sold at $150,000 plus commission of 8.00%; Final Price $162,000 – 454/450hp, 4-speed, P/S, P/B, cowl induction, SS Rally wheels with trim rings, F70-14 Polyglas tires, buckets, no console, pushbutton radio, F41 suspension, 4.1 Positraction. – Represented as matching numbers engine and transmission, documented with three build sheets. Restored like new. Excellent paint, chrome and interior. Impressive, fresh engine compartment. Impossible to fault. – Should we compare this ’71 Chevelle SS 454 hardtop, numbers-matching throughout, with 450 notoriously conservative horsepower with the $3.5 million ‘Cuda Hemi convertible? No, probably not, because it would make the ‘Cuda look even more irrational. Its price is 4% of the ‘Cuda Hemi’s, but owning it is much more than 4% of the bragging rights. A sound value … as long as it is what is claims to be.
1971 Ferrari 246 GT Dino, Body by Pininfarina
Lot # S110 1971 Ferrari 246 GT Dino, Body by Pininfarina; S/N 01968; Black/Black leather; Older restoration, 3+ condition; Not sold at Hammer bid of $350,000 – Cromodora alloy wheels, Michelin XWX tires, Becker Mexico cassette stereo, P/W, headlight covers. – An older restoration with good chrome, new paint and new interior. Underbody not done to the standards of the top, and shows some age and use but a very attractive driver. Represented as 33,494 original km. – Offered by RM at Amelia in March of last year with a high bid of $230,000, and no better now than it was then, the consignor had exaggerated expectations for a quality but not exceptional Dino.
1967 Chevrolet Corvette L88 Coupe
Lot # S113 1967 Chevrolet Corvette L88 Coupe; S/N 194377S117076; Marina Blue, Black stinger/Black vinyl; Older restoration, 2+ condition; No bidding interest shown $3,700,000 – 437/430hp, M22 4-speed, Rally wheels with hubcaps and trim rings, side exhausts, US Royal Laredo blackwall tires, 4.11 Positraction, J56 brakes, P/B, F41 suspension. – Tank sticker documented L88, Nabers brothers restoration, Bloomington Gold Special Collection 1988, 92 and 98. The real deal, restored better than new. Not represented as numbers matching. – A choice Corvette, but there wasn’t a bid in sight anywhere for it.
1958 Chevrolet Corvette Convertible
Lot # S114 1958 Chevrolet Corvette Convertible; S/N J58S102069; Engine # VK084695; Silver, Grey coves/Silver vinyl; White vinyl top; Modified restoration, 3+ condition; Hammered Sold at $78,000 plus commission of 8.00%; Final Price $84,240 – 350/325hp, 4-barrel, 4-speed, MSD distributor, spinner wheel covers, whitewall tires, WonderBar radio, two tops. – Fresh paint, chrome and interior over an older restoration and later 350 V-8. A pretty driver. – This price should have bought a numbers-matching ’58 Corvette, especially in this mediocre presentation. ‘Expensive’ hardly begins to characterize this price.
1970 Ford Mustang Boss 429 Fastback
Lot # S118 1970 Ford Mustang Boss 429 Fastback; S/N 0F02Z142806; Calypso Coral, Matte Black scoop/Black vinyl; Recent restoration, 2+ condition; Hammered Sold at $340,000 plus commission of 8.00%; Final Price $367,200 – 429/375hp, 4-speed, Hurst T-handle shifter, P/S, P/B, chrome rim Magnum wheels, F60-15 Polyglas GT tires, pushbutton radio. – KK #2500. Beautiful paint and chrome, pristine interior. A nearly fresh, prize winning restoration. The first of the ‘Calypso Coral’ Boss Mustangs offered in Seattle, and a quality representative of its kind. Documented with original build sheet, Shelby Nationals award winner. Beyond perfect. – OK, the inevitable comparison with the $3.5 million (hammer) ‘Cuda Hemi convertible. The Boss-Nine’s roof doesn’t go down, but its ‘semi-hemi’ V-8 is a marvel of technology. The ‘Cuda Hemi convertible’s price would buy ten Boss-Nines like this, an unfavorable comparison to the ‘Cuda even at this expensive price.
1969 Ford Mustang Boss 302 Fastback
Lot # S118.1 1969 Ford Mustang Boss 302 Fastback; S/N 9F02G189568; Calypso Coral, Matte Black hood/Black vinyl; Older restoration, 2+ condition; Hammered Sold at $115,000 plus commission of 8.00%; Final Price $124,200 – 302/290hp, 4-speed, P/S, P/B, hood tach, chrome rim Magnum wheels, Polyglas GT tires, rear window slats, wing. – Restored like new with excellent paint, chrome and interior. 2011 Mustang Dream Giveaway car, featured at SEMA, displayed at Dearborn, autographed by Parnelli Jones. Documented with two original build sheets and MCA judged. – Sold at Barrett-Jackson Scottsdale in 2012 for $203,500 as a pair with 2012 Boss 302 and turned around here at essentially the same all-in two-for-one result. See the notes on Lot #119.1 for further comments on value
1970 Ford Mustang Boss 302 Fastback
Lot # S119 1970 Ford Mustang Boss 302 Fastback; S/N 0F02G204828; Calypso Coral, Matte Black hood and side stripe/Black vinyl; Older restoration, 2 condition; Hammered Sold at $105,000 plus commission of 8.00%; Final Price $113,400 – 302/290hp, 4-speed, Hurst T-handle shifter, P/S, P/B, chrome rim Magnum wheels, F60-15 Polyglas GT tires, 3.91 Traction-Lok, rear window slats, wing, pushbutton radio. – Excellent paint, chrome and interior. Restored like new a while ago and now showing some age and surface rust on uncoated surfaces. Built as a Ford marketing vehicle and promotion car. Represented as original drivetrain and sheet metal, in showroom condition. – Highly optioned and carefully restored in a desirable color, this is a reasonable, if not modest, price for a desirable Boss 302.
2012 Ford Mustang Boss 302 Patriot Edition
Lot # S119.1 2012 Ford Mustang Boss 302 Patriot Edition; S/N 1ZVBP8CUXC5224821; Calypso Coral, Gloss Black hood and roof/Black cloth; Unrestored original, 2 condition; Hammered Sold at $86,000 plus commission of 8.00%; Final Price $92,880 – ‘The Patriot Edition’ 2012 Boss 302, unique color combination developed by Ford and Steeda for the Mustang Dream Giveaway. 302/444hp, 6-speed, Recaro seats, 19-inch black alloy wheels, adjustable lowered suspension. – Like new with 420 miles. – Sold at Barrett-Jackson Scottsdale in 2012 as a pair with ’69 Boss 302 s/n 9F02G189568 (Lot # 118.1 here) for an all-in price of $203,500. The sum of the current two transactions is $217,080, little different from what the two cars brought in 2012 although with slightly heavier weight toward this car, which is now beginning to assert some collectability on its own.

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Show Comments (5)

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  1. Reading the fascinating review, one can’t help but have the impression that Mecum delivered market level results for many sellers who had unrealistic values for their cars. They should have sold and commissions should have been paid. Number 3-4 level condition on barely collectibles. Looks like (over)promises were made to bring cars to a new venue as most of these were clearly no reserve autos.

  2. Watched this auction streamed over the three days, and was amazed at the length of time it took to get a bid from the floor. There were some nice cars there, but Rick made a comment that I’d agree with – many cars should have sold at pass-in or before: overvalued, and some didin’t deserve the price they got. Mecums did a good job for their clients, that’s for sure.

  3. Danas comment about the Cuda never being a good car is puzzling. The rarity and performance speaks for itself. Perhaps more dime a dozen chevys is what he likes. Dan.

  4. I restored the 70 Boss 302. Finished it early 2008
    Too bad they never kept it up. A lot of NOS parts in that car.
    Back yard resto.. Az car since purchased from Ford late 1970