RM Auctions Amelia Island 2014 – Auction Report

RM Auctions Amelia Island 2014 – Auction Report Page Three

1961 Ferrari 250 GT Cabriolet Series II
Lot # 162 1961 Ferrari 250 GT Cabriolet Series II; S/N 2093GT; Engine # 2093GT; Ruby Red, Ruby Red hardtop/Beige leather; Black cloth top; Estimate $1,500,000 – $1,800,000; Visually maintained, largely original, 3 condition; Hammered Sold at $1,600,000 plus commission of 10.00%; Final Price $1,760,000 – Chrome spoke Borrani wire wheels, Michelin X blackwall tires, Blaupunkt multiband radio, two tops. – Fair older repaint with small areas of poor adhesion. Creased, stretched older interior. Thin, peeling trim chrome. Dull wheel rims. Dirty, aged underbody. An honest but not attractive car. Malcolm Pray Collection, owned since 1969 and credibly believed to be 46,627 km from new. Malcolm S. Pray, Jr. collection. – No one claimed this Cab was show ready, but its long history with Malcolm Pray had assured it of consistent, top quality attention to its needs and it is appealing on many levels, not least the reasonable price for which it was acquired.
1937 Bugatti Type 57C Roadster
Lot # 163 1937 Bugatti Type 57C Roadster; S/N 57617; Engine # 16C; Maroon/Beige leather; Estimate $750,000 – $900,000; Rebodied or re-created, 1 condition; Hammered Sold at $820,000 plus commission of 10.00%; Final Price $902,000 – RHD. Marchal headlights, vee windshield, rear wheel skirts, chrome fender margins. – Originally a Vanvooren 4-seater, rebodied by Alan Taylor for Malcolm Pray in the 90’s in this style. Original chassis, engine and supercharger. Concours restored with excellent paint, chrome and interior. Malcolm S. Pray, Jr. Collection. – Sweeping, seductive coachwork attributed to no one but beautifully executed and maintained in exquisite condition. It’s impossible to argue with the Amelia Island bidders’ determination of value.
1948 Lincoln Continental Cabriolet
Lot # 164 1948 Lincoln Continental Cabriolet; S/N 8H176397; Maroon/Tan leather; Tan cloth top; Estimate $40,000 – $60,000; Not evaluated; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000. No Reserve – Malcolm S. Pray, Jr. collection – Acquired from RM’s Arizona auction in 2010 for exactly the price it brought here four years and two months later.
1937 Delahaye 135 Competition Court Torpedo Roadster, Body by Figoni and Falaschi
Lot # 167 1937 Delahaye 135 Competition Court Torpedo Roadster, Body by Figoni and Falaschi; S/N 48667; Engine # 48667; Light Yellow, Dark Blue/Burgundy leather; Estimate $5,000,000 – $6,000,000; Concours restoration, 1- condition; Hammered Sold at $6,000,000 plus commission of 10.00%; Final Price $6,600,000 – RHD. Marchal head and fog lights, folding vee windshield – MS series engine. The crown jewel of Malcom Pray’s collection and a car with a singular history and originality. Concours older restoration with some use but excellent care. Displayed by Figoni & Falaschi at the Gardenia Concours in 1937 with Ovidio Falaschi’s stepdaughter, then sent to New York in 1939 where it was acquired by Bob Grier. Driven and hillclimbed by Grier (with marvelous chrome tube nerf bumpers.) Bought by Malcolm Pray in 1964 and in his collection ever since, his ‘French Mistress’, Natalie says. Restored in 1970 to the highest standards, a car that will not need to be done again for a long time. Door cap wood varnish needs to be redone. Upholstery is lightly creased. Body is gorgeous. Malcolm S. Pray, Jr. collection. – One of two similar cars built by Figoni & Falaschi, the only survivor with the Geo Ham badge. It is impossible not to be captivated by this short chassis Delahaye, just the best of Art Deco, Machine Age design. Never messed with, documented from new, can you imagine driving this fantastic creation on the streets of New York in the Fifties? Malcolm Pray could and honored it by driving it frequently. Fabulous and bought right not only for its design and specifications but also for its history.
1959 Porsche 356A 1600 Super Convertible D
Lot # 169 1959 Porsche 356A 1600 Super Convertible D, Body by Drauz; S/N 86142; Engine # P83559; Black/Black leather; Black cloth top; Estimate $125,000 – $175,000; Older restoration, 2- condition; Hammered Sold at $145,000 plus commission of 10.00%; Final Price $159,500. No Reserve – Chrome wheels, woodrim steering wheel, bumper overriders. – Good paint over thoroughly filled body. Very good chrome and interior. Orderly engine compartment. Pretty but not exceptional. – The Convertible D is the comfortable Speedster and has been pushing Speedster values for several years. This one was sold at Mecum’s Monterey auction in 2012 for $151,050, then at RM’s sale of the Don Davis Collection in April 2013 for $137,500. Its condition is not getting better with age, but its price is.
1928 Bugatti Type 37A Grand Prix
Lot # 171 1928 Bugatti Type 37A Grand Prix; S/N 37343; Engine # 218CP; Blue/Red leather; Estimate $900,000 – $1,300,000; Visually maintained, largely original, 4+ condition; Hammered Sold at $875,000 plus commission of 10.00%; Final Price $962,500 – RHD. Black wire wheels, single sidemount, Marchal headlights, turn signals. – Poor cracked, peeling paint job over old paint and body work, oversprayed through hood louvers. Torn old upholstery. Aged and used but extremely appealing and usable. Scruffy in a Bugatti driver sort of way. Mixed drivetrain with engine from 37319, supercharger from 37318, later generator and fan. – Bugatti’s baby GP car, with original frame, radiator, bulkhead, fuel tank, front and rear axles and bodywork. Otherwise mixed up but Molsheim origin. I’ve never driven a Type 37 but I’ve experienced the Pur Sang Type 35 and it is a transformative driving experience, like little or nothing else ever built. This ratty supercharged Type 37A isn’t pretty but that makes driving it even more attractive. Is it worth nearly a million dollars? Only the buyer can know, but he or she will crank off miles in this GP Bugatti and earn bags of endorphins worth untold dollars.
1966 Lola T70 Mk II Can-Am Spyder
Lot # 175 1966 Lola T70 Mk II Can-Am Spyder; S/N SL71/36; Dark Blue, Red stripes/Black vinyl; Estimate $295,000 – $395,000; Competition restoration, 2- condition; Hammered Sold at $260,000 plus commission of 10.00%; Final Price $286,000. No Reserve – RHD. 327/578hp Chevrolet, four Weber 58DCOE carbs, Hewland LG504 transaxle, Lola Registry, FIA HTP. – Very clean, sharp, orderly and successful vintage race car. Stone starred rear fenders indicate use as intended in Historic Can-Am including six overall or class wins between 2008 and 2010. Impressively presented in immaculate condition, class winner at Amelia Island in 2011. Documented ownership chain from new. – Highly competitive on the track and on the show field, this is a lot of Lola T70. Plus, it’s seductively svelte, a package that is, all things considered, hard to beat at this price.
1972 Ferrari 365 GTB/4 Daytona
Lot # 176 1972 Ferrari 365 GTB/4 Daytona, Body by Pininfarina/Scaglietti; S/N 15569; Dark Red/Beige leather, Black stripes; Estimate $675,000 – $775,000; Visually maintained, largely original, 3+ condition; Hammered Sold at $710,000 plus commission of 10.00%; Final Price $781,000 – Chrome spoke Borranis, Michelin XWX tires, Becker Mexico cassette, A/C, manuals, tools, some documentation. – Very good older repaint, good lightly worn original interior and chrome. Clean, orderly underhood, repainted engine compartment. Underbody repainted over old undercoat. Multiple Platinum winner. – Reported sold at Russo and Steele’s Monterey auction in 2008 for $390,500 and bought here for a generous price that anticipates further inflation of Daytona values.
1994 Ferrari 512 TR
Lot # 178 1994 Ferrari 512 TR; S/N ZFFLG40A2R0098634; Black/Black leather; Estimate $75,000 – $100,000; Unrestored original, 3+ condition; Hammered Sold at $130,000 plus commission of 10.00%; Final Price $143,000. No Reserve – Tubi exhaust, A/C, 18 inch alloy wheels, books, tools, manuals. – Good original paint, lightly worn interior appropriate to the 12,668 miles represented as ‘from new’ with three owners. Engine is dusty but represented as 300 miles and less than a year on a timing belt service. – This is a serious premium price for a 512 TR, even with the known low miles, three owners and recent belt service. It would have been expensive at the high estimate and the hammer bid here is 30% over it.
1965 Shelby Cobra 289 Roadster
Lot # 179 1965 Shelby Cobra 289 Roadster; S/N CSX 2421; Engine # PA 5044; Ivory/Red leather; Estimate $900,000 – $1,200,000; Visually maintained, largely original, 2- condition; Hammered Sold at $900,000 plus commission of 10.00%; Final Price $990,000 – Silver painted wire wheels, Eagle GT4 tires, grille and trunk guards, wind wings, original top and side curtains. – New wire wheels and tires. Thin chrome, good 1970’s paint and interior. Underbody is lightly used. Stored in 1978 by the owners since 1974, Bill and Kathy Armstrong, and remained there until recently. A charming storage unit find in very well preserved and presentable condition. – Another ‘Cobra in the Barn’ find, but in unusually good and well preserved condition. Never been apart, which should – after suitable maintenance – present some marvelous driving experiences. The price it brought here at Amelia Island is entirely appropriate for its condition, specification and history.

[Source: Rick Carey]

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  1. thanks once again for a wonderfull gallery of cars, for me, the pick of the bunch is 1937 delahaye 135 – they just don`t them like this anymore, beautifull cars of a bygone era.

  2. My vote is the BNC. I love adapted flatheads, particularly the baby V8-60’s. The cool thing about it is that it can race and tour pretty much everywhere. The price isn’t cheap, but it’s so, achingly, original in a way most of the collectors who part with high six- and low seven-figure prices for ‘barn find’ cars can’t conceive. Can you imagine this flathead BNC on the Mille Miglia? The Italians would swoon over it.