Mecum Seattle 2014 – Auction Report

Mecum Seattle 2014 – Auction Report Page Four

1976 Toyota FJ40 Land Cruiser
Lot # S151 1976 Toyota FJ40 Land Cruiser; S/N FJ40215975; Red/Black vinyl; Truck restoration, 2- condition; Hammered Sold at $42,000 plus commission of 8.00%; Final Price $45,360 – 2F engine, 4-speed, Warn front hubs, 33-inch T/A offroad tires, center-facing folding rear seats, pushbutton radio, raised suspension. – Freshly restored throughout. Very good paint except for heavy orange peel on the right front fender and the driver’s window sill. Engine is like new, as is the chassis. A very nice example. – Prices for FJ40s are all over the lot, with some recently bringing near six-figure money. Presented like this, with the suspension and wheel/tire upgrades that most FJ40s seem to have, this is a sound value in the present fashionable marketplace, even if similar functionality and bragging rights might be found in a Jeep product for half the money.
1957 Studebaker Golden Hawk
Lot # S157.1 1957 Studebaker Golden Hawk; S/N 6103685; Red, White accent/Black vinyl; Cosmetic restoration, 3- condition; Hammered Sold at $65,000 plus commission of 8.00%; Final Price $70,200 – 289/275hp supercharged, automatic, P/S, P/B, pushbutton radio, dual rear antennas, chrome wire wheels, whitewalls, P/W, Twin Traction axle. – Weak chrome and badly scuffed stainless. Sound old upholstery. Delaminating driver’s vent window. Flawed old paint. Good underhood. Not abused, but not treasured, either. – Reported sold at Barrett-Jackson Scottsdale in 2011 for $108,900. The many visible flaws on this Golden Hawk do nothing to build confidence in its overall restoration, preservation or presentation. Even at this substantial discount from its price at B-J just three years ago it is a strong result for a flawed car.
1960 Porsche 356B Coupe
Lot # S160.1 1960 Porsche 356B Coupe, Body by Reutter; S/N 111700; Engine # P602633; Yellow/Green leather; Older restoration, 3 condition; Hammered Sold at $58,000 plus commission of 8.00%; Final Price $62,640 – 1,582cc/70hp, chrome wheels, hubcaps, no radio or spare, sliding sunroof, folding rear seats, Weber carbs, K&N air filters. – Documented with a Porsche CofA. Sound paint, chrome and interior but superficially restored and used. Not a good combination. – This result is more money than the ordinary car it bought, by 25% or so.
1970 Pontiac GTO Judge 2-Dr. Hardtop
Lot # S161 1970 Pontiac GTO Judge 2-Dr. Hardtop; S/N 242370R130683; Engine # 0242327 YS; Orbit Orange, Orange accent/Sandalwood vinyl; Recent restoration, 2 condition; Not sold at Hammer bid of $45,000 – 400/330hp, automatic, P/S, P/B, Rally II wheels, Wide Oval tires, pushbutton radio, buckets and console, HD suspension, wing. – PHS documented, represented as matching numbers driveline. Restored like new with better paint, chrome and interior. More age than miles since restoration. Very good but not too good to be driven. – Eyeball searing but attractive colors. Well done and worth all of $35-40K, but no more than the reported high bid, even with the color combination.
1958 Buick Limited Convertible
Lot # S163 1958 Buick Limited Convertible; S/N 8E1064452; Pale Yellow/Pale Yellow, Beige leather; White vinyl top; Older restoration, 2+ condition; Hammered Sold at $150,000 plus commission of 8.00%; Final Price $162,000 – 364/300hp, Dynaflow, P/S, P/B, P/W, WonderBar radio, chrome wire wheels. – Excellent paint, chrome, interior. Underbody is like new. A little dusty underhood but with some attention could be show ready. A choice and rare Buick in pretty colors with immense eye-appeal. – A big Buick, too, with power everything and enough chrome for two lesser cars. As impressive as a Cadillac and far more rare as one of just 839 built, this is Cadillac convertible money, but a car the new owner will be proud to own and show.
1976 Toyota FJ40 Land Cruiser
Lot # S176 1976 Toyota FJ40 Land Cruiser; S/N FJ40213371; Ivory/Black vinyl; Truck restoration, 3+ condition; Hammered Sold at $42,500 plus commission of 8.00%; Final Price $45,900 – 2F engine, 4-speed, Warn front hubs, 31-inch T/A offroad tires, center facing folding rear seats. – Freshly restored in a shop where they didn’t fill the rust pits in the hood before they painted giving it a fine texture like bed liner. Sanding scratches visible under fender paint. Frame and suspension painted assembled. Engine is like new. – Rushing to capitalize on the perhaps fleeting popularity of the Land Cruiser produces this kind of superficially restored vehicle. It’s not that it’s bad, it’s just not done right or consistently. The new owner is going to notice those shortcuts (as well as being exposed to others not visually apparent) and find it desirable to spend more money on this Land Cruiser’s presentation. That shouldn’t be necessary at this price.
1959 DeSoto Adventurer 2-Dr. Hardtop
Lot # S190 1959 DeSoto Adventurer 2-Dr. Hardtop; S/N M491100658; Black/White, Gold vinyl, cloth; Cosmetic restoration, 3 condition; Not sold at Hammer bid of $42,000 – 383/350hp dual quads, pushbutton automatic, P/S, P/B, P/W, pushbutton radio, wheel covers, swivel seats, whitewall bias ply tires, A/C, dual rear antennas. – Rerun of F213. Mediocre repaint, good new upholstery, dressed up underhood. Frame and underbody are dry and lightly surface rusted. Sound and presentable, even with the hood open. – The reported high bid should have been sufficient for the seller to realize, on its second time across the block this week, that it’s all the money. The car is no better than the money offered, and may not even be as good as this offer.
1937 Packard Twelve Victoria Convertible, Body by Dietrich
Lot # S208 1937 Packard Twelve Victoria Convertible, Body by Dietrich; S/N 1027207; Packard Cream/Caramel leather; Black cloth top; Older restoration, 2- condition; Hammered Sold at $150,000 plus commission of 8.00%; Final Price $162,000 – Body color steel wheels, hubcaps, trim rings, wide whitewalls, radio, luggage rack, Packard driving lights, dual enclosed sidemounts with mirrors. – Sound older paint, chrome and interior. Orderly underhood. A good but not show quality older restoration that’s been toured but taken care of. Orderly underhood with some miles evident but not excessively used or aged. – This is the epitome of Classic Packard, with strong, smooth V-12 power, refined later 30’s independent front suspension and hydraulic brakes and one of the best body choices, the blind rear quarter victoria convertible. Restoring one of these correctly is massively expensive and the quality of this Packard’s restoration is apparent in the way it’s held up. It is a sound value at this price.

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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