1913 Alco Touring Car

1913 Alco Six Model H Five-Passenger Touring

Offered by RM Auctions, Boca Raton, Florida, February 24-25, 2012

The American Locomotive Company was formed in 1901 as the result of a merger between eight smaller locomotive manufacturers. This made Alco the second-largest steam locomotive producer in the United States.

In 1906 the company began producing Berliet automobiles under license (as American Berliet). This license agreement was trashed in 1908 in favor building their own cars. Alco cars won the Vanderbilt Cup in 1909 and 1910 and competed in the inaugural Indianapolis 500 in 1911. Alco was also the first automobile company at which man named Walter P. Chrysler worked before he left in 1911 to join Buick.

In 1913 Alco shifted their focus back to locomotives (they had lost an average of over $450 on every car sold since 1906), producing their last steam locomotive in 1948 and final diesel locomotive in 1969.

The car seen here is a six-cylinder Model H from the final year of production. It is believed that this car was featured on the Alco stand at the 1913 New York Auto Show. It has 60 horsepower and after the completion of restoration in the mid-1990s, the car was “mechanically updated” in order to take place in brass-era tours. So it’s a driver.

Only six of these cars are known to exist and this one is a glorious example. There is something undeniably stately and imposing about large brass-era touring cars. The estimate on this car is $400,000-$600,000 and is offered from the Milhous Collection. For the complete catalog description, click here and to see all of the other interesting things available at this sale, click here.

Update: Sold $506,000.

Mecum Kissimmee Highlights

Mecum Auctions held their first event of 2012 not in Arizona, but in Kissimmee, Florida – where the weather is also nice. There were a bunch of rare muscle cars crossing the block including the top sale, a 1963 Shelby Cobra Dragon Snake.

This was the 93rd Cobra built and one of only eight Dragon Snakes modified for drag racing by Shelby. Because this car won so many drag races in its day, it is the winningest competition Cobra in history. It cost $8,990 new (a lot) and sold for $850,000 at auction (also a lot).

There were also two ultra-rare 1969 Chevrolet Corvette L88s – a convertible and a coupe.

These are the must-have ’69 Corvettes and you could have bought the pair. The convertible sold for $610,000 and the coupe was a comparative bargain at $270,000.

But it wasn’t all muscle cars. Of the top ten sales of the auction there were two gorgeous Packards. The first was a 1941 180 Darrin Victoria Convertible – one of 35 built. It has the Super Eight 180 engine and a good looking red and tan color combo. It sold for $220,000.

The other Packard is a very mean and sporty looking 1930 Eight Model 745 Waterhouse Victoria. If I could’ve taken one car from this sale home, this would be it:

Big pre-war Packards never really had much of a sporting air about them. But this one kind of does. Maybe it’s the slightly cambered front wheels or their hot rod look, but this car says “I want to go fast.” This is one of three known to exist. $225,000.

For complete results, visit Mecum’s website.

Duesenberg J-487

1930 Duesenberg Model J LWB Dual Cowl Phaeton by LeBaron

Sold by RM Auctions | Phoenix, Arizona | January 19, 2012

Photo – RM Auctions

We somehow missed featuring this Duesenberg during the hype and excitement leading up to the auctions in Arizona in January. And since one of my goals here is to feature every Model J that comes up for sale, here it is.

This is actually my favorite bodystyle – the LeBaron Dual Cowl Phaeton. It is also the coachwork most commonly associated with the Model J. And this is the only long-wheelbase Dual Cowl Phaeton built by LeBaron and it is the original body.

The engine, however, is not. When this car was delivered to a Mr. J. Clarke Dean of Chicago, Illinois in 1930, it had engine J-320 under the hood. The second owner discovered, in 1948, that the engine had been replaced with J-487 – an engine with no known previous history in another car. As always, the straight-8 makes 265 horsepower.

The sweep panel two-tone paint scheme is also my favorite. Black and red is the most common I’ve seen although most combinations are attractive (green and black is how I will have mine, please). LeGrande also built sweep panel Dual Cowl Phaetons that looked more or less the same. The way to tell the difference is that, on a LeGrande, the sweep of color extends farther down, halfway through the door.

This car was estimated between $900,000-$1,200,000. With this desirable, original coachwork, known history and coming from the John O’Quinn collection, it is definitely worth that. It sold for $880,000. Well bought. To read the complete catalog description, click here.

Update: RM Auctions, Amelia Island 2015:

Photo - RM Auctions

Photo – RM Auctions

Sold $1,155,000.

Update: RM Sotheby’s, Amelia Island 2019:

Photo Courtesy of RM Sotheby’s

Sold $1,650,000.

Russo & Steele Scottsdale Highlights

This is our final Scottsdale auction recap. It’s been weeks since it happened but we finally caught up. Russo & Steele sold a wide variety of cars from the affordable (the lowest seller was a 1978 Triumph Spitfire 1500 Convertible that sold for $4,675) to the super expensive – the top sale was this 1968 Chevrolet Corvette L88 Roadster that sold for $687,500. It was one of only 216 built during three years of production.

The second top seller was a 1965 Shelby GT350 that was once used as a race car at the Carroll Shelby School of High Performance Driving. It has a fresh restoration and looks amazing. I could easily imagine myself tearing around a racetrack in this car. But for $467,500, it’s a little out of my range.

Our two featured cars from this auction, a 1973 Mercury Cougar XR7 Convertible and a Ketchup & Mustard-liveried ’96 RT/10 Viper both sold. The Cougar brought $17,600 and the Viper $39,050.

Other highlights included a pair of rare Mopar’s: this 1969 Dodge Charger Daytona:

sold for $118,800. And a blue 1970 Plymouth Hemi Cuda sold for $115,500. And finally, probably the rarest car in this sale was this 1984 Knudsen Baroque Cabriolet – 1 of 2 such cars built. Knudsen built 11 total Baroques in Nebraska in the late 70s and early 80s in a variety of bodystyles. When new, these cars cost between $80,000 and $225,000. According to the consignor, this car cost $86,000 in 1984. It sold for only $12,100.

For complete results, click here.

RM in Arizona Highlights

RM’s big sale in Arizona (almost two weeks ago… we’ve kind of had a backlog of auction results to publish and they were the last to publish their results online). As I’m looking back at it, we featured a number of cars from this auction including their top seller: this 1957 Ferrari 410 Superamerica that sold for $1,815,000. The second highest-selling car was the first car we featured, the most fantastic looking BMW 507 Roadster I’ve ever laid eyes on. It sold for $990,000. RM sold 90% of their cars for a total of $25.6 million.

A trio of pre-1905 American cars all sold, including our featured 1901 Duryea Four-Wheel Phaeton that was purchased by Mr. Car Crazy, Barry Meguiar for $96,250. Also sold were the 1903 Waverely Electric Surrey for $110,000 and the 1903 Stearns Suburban for $82,500. One of two cars we featured that did not sell was the 1913 Pathfinder Touring car, which was bid to $90,000.

A giant 1956 Cadillac Eldorado Brougham Town Car Concept sold for $258,500, missing its reserve by $50,000. This car came from the John O’Quinn collection and had gone unsold at at least one other RM event.

From the 1950s we featured a 1953 Nash-Healey and a 1954 Allard K3. The Nash-Healey brought $71,500, just short of my projection and the Allard was a relative steal at $57,750 – less than half of what a similar car (or the same one) was listed as “for sale” for a few months back.

Other pre-war cars that sold were the very rare Brewster-Knight that sold for $88,000. And that wonderful, purple Isotta Fraschini sold for $407,000 – dead on what I said it would bring (no I’m not bragging). Also sold was this amazing 1937 Cord 812 SC Sportsman Convertible Coupe. One of 64 – yours for $385,000.

Supercar fans could have had their choice of our featured Tom Walkinshaw Racing prepared 1993 Jaguar XJ220 S that sold for $230,000. Or the always popular Ferrari F40, this a 1991 model that brought an astounding $781,000.

The other Ferrari we featured, a 1983 512 BBi sold for $96,250. And the other Jaguar, a 1967 Series I E-Type went unsold. There was another very rare old Ferrari at this sale, a 1952 342 America Coupe Speciale by Pinin Farina – one of six built and one of only three coupes built by Pinin Farina. It sold for $632,500.

There was a Duesenberg Model J sold at this sale and I’ve said previously that we’d feature every Model J Duesenberg that comes up for sale if at all possible. Well, we ran out of time before the sale. Once we clear the backlog and get caught up we’ll be sure to have a rundown of that car.

For complete auction results, click here.

Gooding Scottsdale Highlights 2012

Gooding & Company’s Scottsdale auction featured some major cars selling for some major cash – $39,833,900 all told. It was also one of the more successful auctions in recent memory, with only two cars going unsold for not meeting their reserves. Top sale at this auction was a 1955 Mercedes-Benz 300SL Alloy Gullwing. Mercedes-Benz built 29 aluminum-bodied 300SL coupes and this is number six. This is as desirable as Gullwings come and it exceeded it’s estimate by $1.5 million, selling for $4,620,000.

Also, somewhat shockingly, every car we featured here on this site from Gooding’s auction sold. The 1930 Duesenberg Model J Disappearing-Top Convertible Coupe sold for $2,640,000, which was the third highest at the sale. Second place went to the 1959 Ferrari 250GT California Spider – a car that Gooding seems to find one of for each of their sales. Where are these things coming from? It brought $3,905,000.

Other million dollar sales included the 1971 Lamborghini Miura P400 SV we featured a few weeks ago, selling for $1,100,000. There was also this matching-numbers 1967 Ferrari 275 GTB/4 which sold for $1,200,000.

The final million dollar sale went to this awesome 1965 Ferrari 500 Superfast which was hammered away for $1,100,000. It’s one of only 36. It has 400 horsepower – more than just about every muscle car of its day – but the shape of it is so much sleeker than a GTO or Mustang. Super fast indeed.

Two cars that Gooding promoted heavily in the lead up to the auction also showed well. There was a brilliant green 1971 Maserati Ghibli 4.9 SS Spyder which split its pre-sale estimate, selling for $880,000.

Also, this 1969 Iso Grifo 7 Liter – one of only 66 Grifos built with the 7.0 liter V8 making more than 400 horsepower. A 1960s supercar in crazy purple paint? Yes, please. It satyed nearer its lower estimate at $352,000.

Another purple exotic was the 1927 Bugatti Type 38A Tourer by Figoni that we featured. It brought a hefty $495,000. Among our other featured cars, the 1967 Trident Clipper V8 was a steal, missing its estimate entirely and selling for $39,600. Our final feature car was an unbelievable 1937 BMW 328 which was well bought for $517,000. Another rare BMW sold there too, this 1958 507 Roadster. While not as good-looking as the car offered by RM across town, it still rang up a hefty $962,500.

Other interesting sales included a 1938 American Bantam Roadster which far exceeded its pre-sale estimate of $35,000-$55,000 and ended up selling for $90,200. Cute sells.

There was also an ultra-rare 1969 Chevrolet Corvette L88 Coupe. The car is a survivor – unrestored in Monaco Orange with less than 18,000 original miles. This was the king of Corvettes in 1969 – the L88 option got you more horsepower than a ZL1. This car was rated at 430 horsepower but likely put out more like 560. It doesn’t play around. And neither does its hammer price of $451,000.

And from the fun-file: this 1963 Volkswagen Beetle Sunroof Sedan – which sounds pretty normal from the name of it. Until you see it:

This car was featured in the film Herbie Goes to Monte Carlo. There are desirable, well-optioned Volkswagens, but people are going to recognize this one. And for $66,000 ($15,000 below it’s pre-sale estimate) it’s going to be a lot of fun. For full results click here.

Horch 853

1938 Horch 853 Cabriolet

Offered by Artcurial | Paris, France | February 3, 2012

In 1909, August Horch was forced out of the company that bore his name. Instead of pouting about it, he moved across town & set up Audi. In 1932, Horch became part of Auto Union, with DKW, Wanderer, and Audi. Shortly thereafter, Horch introduced a new series available on three different sized wheelbases.

There was the 850, 851 and this, the largest, the 853. These were solid cars that rivaled the grand Mercedes-Benz 500K and 540K models. Horch 853s were driven by the top echelon of German citizenry – politicians, industrialists, etc.

This car features a 5.0 liter straight 8 engine making 105 horsepower. Performance was acceptable – capable of 80+ mph. But, apparently, this car was carved out of a block of lead – it weighs nearly three tons!

While the 853 A is more desirable (120 HP), this 853 is still quite rare and valuable. The coachwork is beautiful and these cars just look unflappably solid. Artcurial is set to auction this at Retromobile in Paris and they estimate it between $410,000-$490,000. Horchs don’t come up for sale very often so here’s your chance to own a brilliant automobile. Find out more about the car here and more about the Retromobile sale here.

Update: Sold $520,732.

Barrett-Jackson Scottsdale Highlights Pt. II

Friday, Saturday, and Sunday – but especially Saturday – are the big days at Barrett-Jackson in Scottsdale, Arizona. The past few years have seen this event be strictly a No Reserve auction with every car that crosses the block selling, but this year there were some heavy-hitters in the auction’s new “5000 Series” of classics that did in fact have a reserve. And not all of them were met – like the 1955 Flajole Forerunner we featured a few weeks ago: it was a no-sale.

A few of the other cars we featured did sell – and for a boatload of money. The 1930 Isotta Fraschini Tipo 8A by Castagna sold for $1,100,000. The 1928 Daimler Double Six P.1.50 Limousine brought $1,155,000. The 1930 Duesenberg Model J Murphy Town Car was hammered sold for $1,045,000. Another “bargain” was the 1954 DeSoto Adventurer II which sold for $1,430,000. Keep in mind, all of this happened within about an hour’s time.

One car we didn’t feature was this 1947 Bentley Mark VI by Franay:

It came from the collection of collector Ron Pratte and sold for $2,750,000, which was just barely more than I was going to offer to pay for it. The other mega-sales included the 1933 Pierce-Arrow Silver Arrow. The live television broadcast of the auction showed an overhead shot of the Silver Arrow and the lines of that car are actually perfect. It is breathtaking. It sold for $2,200,000. And the top sale of the entire auction was the 1948 Tucker Torpedo (also from Ron Pratte’s collection) which was hammered away for an astounding $2,915,000 – about three times my estimate of $1 million.

The only other million dollar sale was this all-original 1954 Mercedes-Benz 300SL Gullwing:

$2,200,000 brought this car home. It only had 4,149 original miles on it and was one of 146 Gullwings built that year. Other highlights from Saturday included a 2009 Devon GTX – one of just two produced. It’s a Dodge Viper-based supercar that went out of production as quickly as it entered it because the Viper was axed just after the GTX was announced.

A 650 horsepower American supercar that was originally supposed to cost $500,000 sold for $220,000.

Another car that has started to interest me a little more is this Chevrolet Corvette 2003 Commemorative Edition built by Advanced Automotive Technologies. It’s a standard 2002 Corvette with a custom built body. Coachbuilding isn’t quite as vogue as it used to be but I think over time these cars won’t depreciate wildly like some other “customs.” It sold for $66,000. Another one sold on Friday for $88,000.

And of course ultra-rare muscle cars are the order of the day at Barrett-Jackson. Among Saturdays highlights was this barn-find (yet mechanically “refreshed”) 1965 Shelby GT350. I hope whoever bought it doesn’t restore it – although they paid a pretty penny for it at $385,000. 

Another rare Ford was this 1969 Ford Talladega Prototype. This car was built by Ford for Ford. It’s the only red Ram Air Talladega built. Regular Talladegas aren’t something you see everyday, much less a factory prototype. $137,500 sale price. Oh, and do everyone a favor. If you’re going to sell your car at auction and you‘re responsible for the photography: get a quality camera.

Friday also had its share of highlights including the Nash Bridges Cuda we featured. Last time it sold it was right at about $150,000. This time it sold for $88,000. Other interesting Friday cars included this 1970 Pontiac GTO Judge Ram Air III Convertible ($158,400).

There were a pair of ultra-rare and very famous 1960s drag cars. First, this 1964 Ford Thunderbolt sold for $242,000.

And right after that crossed the block, this 1968 Plymouth Barracuda Super Stock rolled across. It’s an actual “Mr. Five & Fifty” drag car built by Hurst for Chrysler. It also sold for $242,000.

Something from the quirky side was this 1929 Ford Model A Snow Bird built by B.P. Arps Company of Wisconsin. This was something that was done back in 1929 and there are multiple of them out there. It could have been yours for $66,000.

In 1987, Buick took their not-your-daddy’s-Regal Grand National and souped it up to 276 horsepower and 360 lb-ft torque and called it the GNX. They built 547 of them and recently that have become the most collectible American car of the 1980s. This time capsule example with only 1,200 miles on it sold for $88,000. For a 1980s Buick.

The only thing truly odd to cross the block on Sunday was this 1971 Kelsen Sports Rider Electric. It was a street-legal microcar built in from 1963-1973 in California. There were a number of companies who built similar vehicles and I’m not sure I’d drive any of them on the street. A golf course, maybe. When new in 1971 it cost $1,295. It sold on Sunday for $1,540. It’s not really appreciation if you’ve had to sit on it for 40 years to make $250. I used to have a ’92 Century – maybe I should have held on to it and used it to start a retirement fund.

There were also hundreds of other interesting cars. Check out full results at Barrett-Jackson’s website.

1913 Delaunay-Belleville

1913 Delaunay-Belleville Type O6 8L

Offered by Artcurial, Salon Rétromobile, Paris, February 3, 2012

Photo – Artcurial

The Type O6 was the most powerful car produced by Delaunay-Belleville prior to the First World War. It featured an 8-liter straight-six engine producing 100 horsepower at an insanely low, count-the-revs 1500 rpm. The car is capable of just over 70 mph.

These cars were sold as bare chassis with coachwork to be added later. This particular car retains its original coachwork from J. Rothschild & Sons. Over time, the hood had weakened and was replaced. The car was also repainted and mechanically refreshed – but not restored – in the 1980s.

This car was purchased new by Edward Daubree – part of the family that founded a little known company called “Michelin.” After World War I the car was given to his nephew and at the onset of the Second World War the wheels were removed from the car and walled up in a house, while the rest of the car was stashed in a different residence. The car was re-discovered in 1986 and brought back to life. It remains in the Michelin family as it has its entire existence. The car is being sold to raise funds for medical research.

Delaunay-Belleville cars are extremely rare and valuable as they were once near the height of French automobile production – being owned by royalty from France to Russia. They were out of production by the end of the 1920s and they rarely come up for sale. Here is a chance to own one with known ownership (the same family) from new. It’s a massive, amazing car with a fascinating history. Buy it.

The pre-sale estimate is a wide $525,000-$785,000. It is being sold for a charitable cause, but that shouldn’t have a huge impact on its selling price because it is worth a ton of money as it is. For a complete run down of this car, click here. To see the rest of Artcurial’s lineup, click here.

Update: Sold $600,834.

Update II: Sold, Bonhams Monterey 2016 $450,000.

Bonhams Scottsdale Highlights

We featured a few cars from the January 19, 2012 Bonhams auction in Scottsdale, Arizona. One of them, this 1967 Fiat Abarth TC Berlina Corsa, sold for just under it’s auction estimate at $46,800. One of the big sales of the auction was this 1930 Rolls-Royce Phantom I Transformal Phaeton by Hibbard & Darrin.

Once owned by actress Marlene Dietrich, it sold for $524,000. The car was given to her as a gift from director Josef Von Sternberg. The coachwork is slightly unusual with the convertible top that comes down between the windows. Interesting and pretty cool.

Another top sale was the 1924 Isotta-Fraschini Tipo 8 Torpedo Phaeton that we featured last two weeks ago. Estimated between $425,000-$525,000, it ended up in the middle at $447,000. Two more of our feature cars did not sell: the 1967 Porsche 906 factory race car and the 1929 Duesenberg Model J Murphy Convertible Sedan. So if you missed them, there’s still time!

However, the interesting 1954 Cramer Comet that we did feature fell right in the middle of it’s pre-sale estimate of $100,000-$150,000 at $122,500. It has a 1350 horsepower Allison aircraft V12. Somebody’s going to have some tire-melting fun.

The top sale of the auction goes to this 1937 Mercedes-Benz 540K Cabriolet C. This 180 horsepower German beauty is a very desirable car. RM Auctions sold a few pre-war Mercedes “K” cars back in Monterey for millions and millions of dollars. Comparatively, this was a steal at $667,000.

And look at the detail of the dashboard. These cars are magnificent.

And finally, the final car we featured from this auction was a 1947 Delahaye 135M Three-Position Drophead Coupe by Figoni et Falaschi. It blew the doors off its estimate of $250,000-$350,000 and sold for $474,500. Looking back, that estimate was pretty conservative given the ravenous appetite for pre-war French classics (not to mention anything containing the name “Figoni et Falaschi”) that existed only a few years ago. Times and tastes change and auction houses have to be aware of that. But in this case it seems that good taste prevailed.

For complete results, please check out Bonhams website here.