Auction

A 1969 Dodge Daytona Car Port Find from Alabama

December 16, 2015 in American / Auction / Barn Find / For Sale / Homologation

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So, what do you all make of this 1969 Dodge Daytona barn find car port find from Alabama? It’s set to hit the auction block next month at Mecum with an expected hammer price attached to it of somewhere between $150k and $180K. Just to get the facts straight before meandering onto the staged photos of it in a barn (staged photos by an auction house?! say it ain’t so!) mixed in on the following page, the rare car is 1 of only 503 built and has had 2 owners from new with a claimed 20k original miles. Intrigued? Then let’s move on and delve a little deeper on the next page, shall we? Continue reading →

Blessed by Balboni: 1981 Lamborghini Countach LP400 S Series III For Sale

November 13, 2015 in Auction / For Sale / Italian / What I Found Today

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While I briefly referred to this 1981 Lamborghini Countach LP400 S in another story the other day about a 1955 Ferrari 500 Mondial coming up for sale in the same auction (December 10th in New York), I’m thinking this one deserves a closer inspection, after all.

First of all, when looking at all the flat and angular lines and shapes of this car (that incidentally represents poster material for virtually every car obsessed youth growing up in the 80’s), one has to wonder… Continue reading →

“Preserved”, “Patina”, “Originality”- there, we used all the catch phrases! A 1955 Ferrari 500 Mondial bodied by Scaglietti

November 9, 2015 in Auction / For Sale / Italian / Patina

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Let me tell you, it took some huge amount of restraint to publish only half of the photos taken by Remi Dargegen of this 1955 Ferrari 500 Mondial bodied by Scaglietti. A 1,984 cc DOHC Lampredi in-line four cylinder, the car has been making its rounds about the internet already as it is scheduled to hit the auction block in New York on December 10th. While each car RM/Sotheby’s are featuring in their upcoming sale is an example of absolute perfection in their own right, none offer the character epitomized by this particular old race car. As the story goes…

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1967 Ferrari 330 GTS Preservation

August 26, 2015 in Auction / Barn Find / Concours Show / Italian / Patina / Restoration / Sympathetic Restoration

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We always prefer a preservation over a restoration any day (especially an over restoration), so it’s good to see this 1967 Ferrari 330 GTS that was purchased last year at the Gooding auction in Scottsdale for over $2 million having exactly that done. Scott Grundfor & Company, the Mercedes Benz Gullwing experts, were preparing it for the Pebble Beach show, probably for the Preservation class, but we have not been able to find any photos of it finished or at the show. Did any of our viewers see it there and have any photos of it they would like to share? What’s interesting about this car is that it’s the 5th of only 99 built (auction jargon hype talk) and was originally owned by a prominent cosmetic surgeon named Dr. Samuel L. Scher, a man who pioneered the whole concours car restoration movement. Ironic that this example is not being fully restored, as even the auction blog called it too far gone to be preserved since an engine fire back in 1969 relegated it to sitting in a garage ever since… Continue reading →

Monterey: Commentary on the 25 Big Sales by Wallace Wyss, Historian

August 25, 2015 in Auction / Wallace Wyss

1953 Jaguar C-type lightweight roadster ($13,200,000)

1953 Jaguar C-type lightweight roadster ($13,200,000)

Not only were all the vintage racers waiting to get up to Monterey in mid-August, and the concours buffs swirling their polishing rags but there were a few thousand waiting to see what various cars took at auction around the Peninsula. There were at least five major auctions and a few minor ones. We’ll concentrate on the majors.

Car and Driver, on their website, handily named the top 25 from the entire weekend, and even added two more after the weekend was over,—a Porsche RS60 racing car and a Ferrari California Spider that sold post-block following no-sales during the live bidding.

Car & Driver quoted Hagerty Insurance, as saying 805 cars were sold for a total of more than $400 million. The most successful company was RM Sotheby’s who took in $172.7 million with 126 cars. Gooding & Company edged out RM with a median sale price of $440,000, versus RM’s $420,750 but I would say both have the same high quality of cars. Mecum Auctions is more of a volume seller, aiming toward blue collar guys who made fortunes, and they thusly rolled the highest volume of cars, 335, but that was only 51 percent of the lots it offered. Bonhams, which was at the edge of the concours at Quail Lodge, had the highest sell-through rate at 88 percent which shows their brilliance in being within walking distance of a major concours (I’d tell you the name of that concours but they chose not to give me a press pass, so to me they don’t exist). Russo and Steele and a rival, JR-Auctions were offering proffered cars under $40,000 but this here writer’s bailiwick is expensive cars, the more expensive the better.
So here’s a comment on each of the 25 priciest cars sold at auction in Monterey om 2015: Continue reading →