Tag Archives: auction

Commemorative Edition Corvette by AAT

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2003 Chevrolet Corvette Z06 50th Anniversary Commemorative Edition by AAT

Offered by Barrett-Jackson | Palm Beach, Florida | April 7, 2012

Advanced Automotive Technologies (AAT) designed this aftermarket Corvette and have built 178 of them (thus far) to commemorate the 50th anniversary of the Corvette. They’ve incorporated styling from the 1953 car as well as the C5. It really isn’t a bad looking car, I don’t think, and they’ve been popping up at auctions more and more.

The AAT Commemorative Edition could be applied to any C5 Corvette convertible or even a hardtop (but not the hatchback). The car here started life as a 2003 Z06 Corvette, which is a pretty stout car to hack up. However, by doing so, two owners (only two Z06s were converted by AAT) have a Corvette with original looks and serious performance. Plus, GM never built a Z06 convertible, so they’ve got that going for them.

This car has less than 4,000 miles. In an auction recap a few months back, I mentioned how this model is becoming more and more collectible. And they kind of are, bringing more than twice what you would get for a standard Corvette of similar vintage. At least five of these AAT Commemorative Editions have sold at auction in recent years. The average price is $65,670, with the high end of that being $88,000. We’ll see what this one brings, but time will really be the judge as to whether these cars can maintain their value. It will be something to watch as coachbuilt cars are not all that common nowadays.

To read the complete catalog description, click here. For the rest of Barrett-Jackson in Palm Beach, click here.

Update: Sold, $90,200.

Bonhams Oxford Motor Cars Highlights

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Whoops. I guess we’ve lost a bit of chronology here, but the results from Bonhams’ Collector Motor Cars at Oxford have yet to be highlighted here on this site. So here we go.

First up is the top sale of the auction, a barn-find condition 1961 Ferrari 250 GTE 2+2 Series I Coupe that used to belong to film producer Dino De Laurentiis.

It’s in pretty rough shape, but it’s still a Ferrari 250, so it sold for about $158,000. The Morris Isis that we featured here exceeded its estimate and sold for just a touch over $21,000.

The two other top sales were a pair of Series I Jaguar E-Types. The spectacular yellow one pictured here, a 1966 model with the 4.2-liter engine, sold for $142,000.

The other one, this time a red 1965 model also with the 4.2 liter engine, was formerly owned by Sir Elton John. It brought $128,000.

Other interesting cars sold at this auction included a bunch of American cars. And not your normal exports. There were a slew of 1950s Packards in various stages of disrepair and they appeared to come from the same consignor. It’s more like something you’d find in the yard of an American Midwesterner, not in such a stately place like Oxford. There was even a late 70s Trans Am, screaming chicken and all.

My other picks of the auction include this barn-find 1966 Jensen C-V8 which needs an entire restoration – although it does run as is. These cars are very rare, only about 500 were built. It brought $25,000.

Next up is this 1928 Dodge “Fast Four” Landaulette. This was the final year for Dodge’s 35 horsepower four-cylinder engine – coincidentally, the same year Chrysler acquired the firm. It’s a right-hand drive car that was bodied in England and was restored some years ago. It sold for $36,000.

Now how about this monster? It’s a 1985 Lister Jaguar XJ-S HE 7-Liter Cabriolet. There are Lister-Jaguar cars that date back to the 1950s, but this is one of about 90 Jaguar XJ-S cars modified by Lister with a 7.0-liter V12. It’s a beast and it would’ve cost you $29,000.

And last but not least, this 1937 Bentley 3.5-Litre Park Ward Sports Saloon in a wonderful, vibrant shade of blue. There’s nothing exceptional about this car (if that’s even legal to say about a Bentley), but I just really dig the look. It sold for $79,000.

For complete results, click here.

Spyker C8

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2010 Spyker C8 Spyder SWB

Offered by Barrett-Jackson | Palm Beach, Florida | April 7, 2012

The Spyker C8 is the most popular model from Dutch supercar manufacturer Spyker. In fact, it is the only model from the company to really get going, production-wise (the C12 sold about two-dozen copies).

Introduced in 2000, the C8 features an Audi-sourced V8 of 4.2 liters, pumping out 400 horsepower. It’s pretty quick too, sprinting to 60 mph in 4.5 seconds. The car being offered here is two years old, but essentially brand new, having only covered six (6) miles.

The original Spyker company, which began as a coach builder, began producing automobiles in 1900. The company was quite innovative, producing the world’s first four-wheel drive car in 1903 (or, the first four-wheel drive car with a single engine. Ferdinand Porsche technically built the first four-wheel drive vehicle, with a motor at each wheel). Four-wheel brakes and a six-cylinder engine were other Spyker firsts. When World War I came around, the company began producing aircraft engines.

It is this aeronautical link to history from which the new Spyker company derives its logo. Also, their interiors are second to none in the highly-exclusive supercar world. Check this out:

There are some aircraft touches in there, from the dash switches to the world’s coolest shifter. I really do like the way these cars look. Some supercars are wild just to be wild, but this one is beautiful. It’s a shame that Spyker got tangled up in the mess that was/is Saab. I just hope these cars can continue to come out.

Brand new, this car would run about $225,000. And this one is essentially brand new. For the complete catalog description, click here and for the entire Palm Beach lot list, click here.

Update: Sold, $220,000.

1947 Standard Eight

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1947 Standard Eight Convertible

Offered by Barrett-Jackson | Palm Beach, Florida | April 6, 2012

The Standard Flying Eight began production in 1938 and crept along until 1941 when the Standard Motor Company focused on building de Havilland Mosquitoes for the RAF. Production of the Eight restarted in 1945 without the “Flying” part of the name.

Just about everything carried over from the pre-war model, including the 28 horsepower 1.0 liter straight-four. The only new feature was the four-speed gearbox, up one gear from the pre-war model. The car was phased out in 1948 to make way for its replacement – the Triumph Mayflower. In total, 53,099 Eights were built between 1945 and 1948, including two-door, convertible and estate body styles.

The model on offer here shows quite nice and, for whatever reason, has the pre-war three-speed transmission. Cute sells, but the Standard name is not well-known in America, however, this would be a fun car to pick up for less than $20,000. For the complete catalog description, click here. And to see the other cars Barrett-Jackson has for sale in Palm Beach, click here.

Update: Sold $10,450.

Gooding & Co – Amelia Island Highlights

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Gooding & Co’s annual sale in Amelia Island, Florida produced some spectacular results. The inclusion of the Drendel Family Collection of rare Porsches certainly helped things. Ten cars broke the million-dollar mark (including buyer’s premium). Top sale of the auction went to the Porsche 917/30 we featured a few weeks ago, selling for $4,400,000. The second highest-selling car was also a car we featured, the 1955 Porsche 550 Spyder. The high-end of that car’s estimate was $2.6 million but it ended up selling for $3,685,000.

After that, two other Porsches, both of these ex-Martini race cars, were the next-highest selling cars. First was a 1974 Porsche 911 Carrera RSR Turbo 2.14 which sold for $3,2450,000.

Then there was this 1976 Porsche 935/76 which brought $2,530,000.

A few more of our feature cars followed these two awesome 1970s race cars. Next was yet another Porsche in this already Porsche-heavy sale (before you include the Drendel collection). It was the “winningest” Porsche 962 we featured. It sold for $1,925,000. Then, finally, something else: the brilliant blue 1951 Ferrari 212 Inter, which brought $1,375,000. After that was a 1948 Tucker 48 – the second Tucker sold at auction this year, which is kind of strange in itself. It didn’t bring as much as the one at Barrett-Jackson, but it still commanded a respectable $1,320,000.

The Porsche 911 GT1 Evolution race car, which I am still enamored with, sold for $1,265,000. Then another Porsche, a 1967 906E that we actually featured when it was listed with a Bonhams auction back in Scottsdale in January. It didn’t sell at that auction but did sell at Amelia Island at this auction for $1,001,000. The final million dollar car also brought $1,001,000. It was a 1971 Ferrari 365 GTB/4 Daytona Spider.

The 1911 Rambler Touring Car we featured sold for $275,000, just barely short of its estimate. And the very interesting 1930 Willys-Knight Plaid-Side Roadster brought $220,000, exceeding its estimate by about $40,000.

Although there were a boatload of million dollar sales, there were also some bargains to be had. Among them, the TVR 3000S we featured that was estimated to sell for between $40,000-$50,000. It only ended up selling for $24,200. I recently saw a list somewhere of collectible cars that you should buy now because they are at their lowest price points they are likely to ever see. That TVR was on the list and whoever bought it scored. Another car that was on the list, the first generation Lotus Esprit. And one of those sold at this auction for $20,900.

And one final car, a very interesting 1941 Chrysler Town & Country Barrelback with the beautiful woodwork that is the trademark of the original Town & Country (not the sticker-sided minivans of the 80s). It sold for $286,000 and with the shape it is in (and the unusual bodystyle) I think whoever bought it got a great deal.

In all, the auction sold more $36 million worth of cars with a fairly high sell-through rate. For complete results, click here.

ATS GTS

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1963 ATS 2500 GTS

Offered by Coys, Essen, Germany, March 24, 2012

Think Ferrari was the first Italian car company to build a mid-engined road car? Think again. ATS (which stands for Automobili Turismo e Sport) introduced the 2500 GT road car in 1963 with a 220 horsepower 2.5 liter V8 mounted behind the driver but in front of the rear axle. About 12 road cars were built.

ATS tried their hand at Formula One in 1963, quite unsuccessfully, retiring from four races and only finishing one: their home Grand Prix at Monza with drivers Phil Hill and Giancarlo Baghetti. When that endeavor failed, they thought “hey, we’ve got a powerful road car on our hands, let’s go road racing!” And thus the 2500 GTS was born. Power was bumped up between 245 and 260 and the car could do 160 mph.

No public record exists as to how many GTS models were built, but it is thought to be around five, with only three still in existence. No price estimate is available from Coys but to read the entire lot description, click here. And for the complete Techno Classica lot list, click here.

Update: Not sold.

Cardi Curara

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1998 Cardi Curara

Offered by Coys, Essen, Germany, March, 24, 2012

1998 Cardi Curara

This car is very rare. As in, there was only one built. This Russian supercar is powered by a 5.4 liter BMW V12 making 326 horsepower. The styling doesn’t scream “supercar,” but more of “grand tourer” and with 326 horsepower, I think the latter is more applicable, although top speed is claimed somewhere around 198 mph (although I don’t see how).

When it was built, it cost around $185,000 USD. I’m not sure what it will bring in 2012, but it is relatively attractive and you’re going to be hard pressed to find another one. Plus, look at where the spare tire is stored:

And, for a car almost 15 years old, the interior is in excellent shape:

It would definitely make for an interesting buy. For more information, click here and to see the rest of the cars on offer from Coys, click here.

Update: Not sold.

Berkeley SE492

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1959 Berkeley SE492 “Twosome”

Offered by Auctions America, Ft. Lauderdale, Florida, March 16-18, 2012

If you’re into numerology, watch out. Berkeley produced about 666 SE492s between 1957 and 1959. Just hope that yours doesn’t have the final serial number. For the first year of production, the car was called the Sports SE492. When the Berkeley Foursome (four-seater) was introduced in 1958, the name “Sports” was replaced by “Twosome” to differentiate between the two models. This is a “Twosome.”

All Berkeleys were front-wheel drive and this one used a 30 horsepower 492cc three-cylinder two-stroke engine. Berkeley cars were small and 30 horsepower is adequate. They are referred to as “microcars” but the term “microcar” has a somewhat negative connotation in my mind – and I’m probably not alone. I think small and cramped with smart-car-esque proportions. But these open-top cars are just little British sports cars. Sure, it might be smaller than an MG (which are fairly small). How many microcars could hit 80 mph? Plus, these had competition success, with Lorenzo Bandini finishing first in class with one in the 12 Hours of Monza.

A car eerily similar to this (I think it’s the same one) was recently for sale for $15,000. And that sounds like a reasonable price for this car. To read the complete description, click here and here for more on Auctions America’s current sale.

Update: Sold $16,500.

Milhous Collection Results

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RM Auctions’ “recent” sale in Boca Raton, Florida of the eccentric Milhous Collection of cars – and many other assorted expensive things – was a big success, with every lot selling. The auction brought in a total of $38.3 million. Top sale was the 1912 Oldsmobile Limited Five-Passenger Touring we featured a while back. The estimate on the car was $1.4-1.6 million but the car ended up selling for $3,300,000 including fees.

The second-highest sale at the auction was not a car. It was this 1903 Ruth Style 38-B Fair Organ:

It’s gigantic and sold for $1,265,000. Of the top ten sales, six were automobiles and four were organs or orchestrations. All four of these musical pieces sold for over $1 million.

Our other feature cars included the stunning 1913 Alco Six Model H Touring Car that sold for $506,000. The Duesenberg Model J Murphy Convertible Sedan sold for $990,000. The 1932 Marmon Sixteen brought $552,500. Our other feature car, the one-of-a-kind Rounds Rocket Indy roadster sold for $275,000.

Other highlights were this 1933 Chrysler Custom Imperial Five-Passenger Phaeton.

It’s a former Otis Chandler car with impressive styling and a 135 horsepower. It sold for $1,210,000.

In addition to the Rounds Rocket Indy roadster, there were a few other race cars that sold too. First was this 1949 Snowberger-Offy built by former driver Russ Snowberger and driven by George Lynch who failed to qualify it for both the 1950 and 1951 Indy 500.

It sold for $192,500. There was also a 1962 Lesovsky-Offy (aka the Sarkes Tarzian Special) driven by Elmer George (father of IRL founder Tony George) in the 1962 and 1963 race.

It bettered it’s estimate by about $50,000, selling for $330,000. From a slightly more recent era, this 1984 March 84C Cosworth driven by Teo Fabi – in awesome Skoal Bandit livery – sold for $110,000.

The most “affordable” car sold at this sale, that was not a motorcycle or tractor, was a 1962 Corvette Convertible that sold for $66,000 – it was the only car not to break into the six figures.

The other interesting “vehicle” sold was a 1941 Ryan PT-22 Recruit airplane. These planes were very popular in general aviation after WWII because they could be bought as surplus for a few hundred dollars. There used to be a handful of them based at a local airport back in the late 1940s and 1950s. At least one ended up in a creek (no one was hurt). This example sold for $241,500, slightly higher than what was paid for it after the war.

For complete results, click here.

Shelby Durango

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1999 Dodge Durango Shelby SP360

Offered by Auctions America, Ft. Lauderdale, Florida, March 16-18, 2012

I’m going to be honest: those are some ugly wheels. Everything Carroll Shelby attached his name to – and he seems willing to attach it to just about anything (there was a Shelby Omni, after all) – becomes collectible. You don’t see many of these next to the GT350s and GT500s and Cobras at auctions. Maybe because it’s a late model SUV with a big engine and some giveaway Viper paint.

Only 300 Shelby SP360s were built between 1999 and 2000.  The 360 stands for the number of ponies under the hood, coming from the supercharged 5.9 liter Magnum V8. It could hit 60 mph in 7.1 seconds on its way to 142 mph (which was seriously fast for a 2+ ton SUV). I’ve heard a standard Durango from this era and it sounded great. I bet this sounds awesome.

These will never reach a level anywhere close to the Shelbys of yore. This is a well-equiped 4WD model and I’m unaware of the mileage (it could have been a daily driver, although this does not appear to be the case as it looks fairly clean). I think a $20,000 hammer price should elate the seller. I wouldn’t pay that much. For more info click here and more from AA in Ft. Lauderdale, click here.

Update: Sold $13,750.