Mecum Houston Highlights

Mecum’s Houston, Texas sale occurred last weekend and the only car we featured, the very rare electric Henney Kilowatt, sold for $35,000. Here are some of the other highlights.

Top sale went to a 2010 Ferrari California, a car that, whenever I see it, I begin to hear Freddie Mercury singing about how “fat bottomed girls make the rockin’ world go round.” It sold for $177,500.

The second-highest selling car was an actual classic, not a brand-new Italian grand tourer. It was a 1931 Cadillac V-12 Roadster and it brought $165,000.

As far as interesting or unusual cars at this sale, well, the Henney Kilowatt takes the cake there. But there were a few other cars I deemed worthy of highlight, including this 1969 Beaumont Custom. Beaumont was a marque produced in Canada by General Motors from 1966-1969 (it replaced the also short-lived Acadian marque and was replaced by Pontiac after 1969). Beaumont’s were also sold in Chile and Africa. It was essentially a re-badged Chevelle with Pontiac trim. This is the “Custom” model and it is one of 568 built in 1969. Unfortunately, at some point, this car had it’s motor swapped for that of a Chevy Astro. However, it is still interesting and sold for only $10,250.

Another car… or SUV… or wagon, that you just don’t see everyday is the 1962 Dodge Town Wagon. The Town Wagon was the more suburban version of the Town Panel, which was primarily intended for commercial purposes. It sold for $18,000.

Here’s one I particularly enjoyed seeing: a 1977 Pontiac Can Am. The Can Am was a one-year only option package on the Pontiac Le Mans and it was intended to be the “muscle car” package. This car has the 200 horsepower 6.6-liter V8 and is one of less than 1,400 built. This low-milage example brought $19,500.

And finally, the steals of the auction go to a pair of Cadillac Town Sedans. There was a 1925 model (pictured) that sold for only $20,000. A similar 1923 model brought $19,000. Sure, neither are in concours-level condition but they appear to be drivers with fantastic looking paint and bodywork. Good luck finding something as desirable as a driveable and decent-condition 1920s Cadillac for less than $20,000.

For complete results, check out Mecum’s website.

Ferrari 375 MM

1953 Ferrari 375 MM Spider by Pinin Farina

Offered by RM Auctions | Monaco | May 12, 2012

When new, the Ferrari 375 was the top dog among Ferraris with the 4.5-liter Lampredi V-12 making a potent 340 horsepower. It was also capable of a speeds in excess of 170 mph – insanity in 1953. This car was shipped new to Argentina where it quickly built a reputation for speed and success. It’s impressive competition history includes:

  • 1954 Argentine Sports Car Championship – 1st (with Diaz Saenz Valiente)
  • 1954 Turismo Carretera – 1st (with Valiente)
  • 1955 Buenos Aires 1000 km – 2nd (with Cesar Rivero and Raul Najurieta)
  • 1955 Argentina Sports Car Championship – 1st (with Najurieta)
  • 1956 500 Miles of Argentina – 1st (with Najurieta)

The car suffered a few serious crashes in its lifetime, but it is a race car, and repairs from racing are kind of expected. The last serious accident was in 1957 and it’s racing career ended. An American V8 was then installed in the car and it was used on the street until it was eventually parked and forgotten.

In 1983, the car was discovered again in Montevideo, Uruguay. It was shipped to Italy and restored under the ownership of Count Vittorio Zanon di Valgiurata between 1984 and 1986. A correct 375 MM engine was found and put into the car – although it is not the engine it came with from the factory. Since its restoration, it has changed hands a number of times and has enjoyed a career of historic racing – including the Monterey Historics and Mille Miglia Storica.
Only 15 Ferrari 375 MMs were built and they are valuable. This one has known (and successful) competition and ownership history. It is simply a killer Ferrari and won worth it’s weight in gold. The pre-sale estimate is (converted to USD) $4,300,000-$5,300,000. Good luck bidding.

For the complete catalog description, click here and for more from RM in Monaco, click here.

Update: did not sell.

The 9th Ferrari Built

1948 Ferrari 166 Inter Spyder Corsa

Offered by RM Auctions | Monaco | May 12, 2012

The Ferrari 166 Inter was among the first models produced by the company. This particular example was the ninth Ferrari built – of all models (the sixth 166). It is an extremely early car that is preceded mostly by competition cars. It has a coachbuilt body by Carrozzeria Fontana of Padua, which is near Venice. Only 37 of these cars were built.

The 166 Inter was a competitive model from the get-go, with this car winning the 1949 Italian Hill Climb Championship. Here is a brief (and not in any way complete) rundown of it’s competition history:

  • 1948 Pescara Grand Prix – 2nd (with Count Bruno Sterzi)
  • 1948 Coppo d’Oro – 9th (with Sterzi and Enzo Monari)
  • 1949 Italian Hillclimb Championship – 1st (with Giovanni Bracco)
  • 1949 Mille Miglia – unknown result (with Bracco and Umberto Maglioli)
  • 1949 Grand Prix di San Remo – 6th (with Bracco)
  • 1950 Targa Florio – abandoned (with Giannino Marzotto and Marco Crosara)
  • 1950 Mille Miglia – 9th (with Count Vittorio Marzotto and Paolo Fontana)
  • 1951 Grenzlandring – 2nd (with Franco Comotti)
  • 1951 Grand Prix di Modena – 6th (with Frolian Gonzalez)
  • 1955 Targa Florio – unknown result (with Francesco Matrullo)

This car was entered in many other races and hillclimbs with various other drivers. The body that is on the car now was introduced to the car in 1950 by the then-owners, the Marzottos. The ‘722’ on the door was first given to the car for the 1950 Mille Miglia, when it was driven by the car’s owner and the designer of the car’s body.

The engine had been swapped and upgraded over the years, but when the car was discovered in Rome in 1970, a 190 horsepower V-12 166 engine was pulled from an ex-Marzotto Ferrari Formula 2 car and installed when it was restored in 1977. It was restored again, with the final pieces being finished in 2012, including a “preservation” of the 1950 Fontana body.

This is a storied example of the early days of Ferrari. It’s fresh and eligible for just about any historic event you wish to partake in. The pre-sale estimate is €1.100.000 – €1.800.000 or $1,440,000-$2,350,000. For the complete catalog description, with a more in depth history, click here. And for more on RM in Monaco, click here.

Update: sold $1,307,950.

Ferrari 625 TRC

1957 Ferrari 625 TRC Spider

Offered by RM Auctions | Monaco | May 12, 2012

Impossible as it may seem, auction houses keep topping themselves with rarer and rarer cars – or in the case of RM, rarer and rarer Ferraris. This is one will be hard to top as it is but one of two 1957 Ferrari 625 TRC Spiders built. And it’s just sitting there, waiting for you to open your checkbook.

Originally purchased by West Coast Ferrari distributor Johnny von Neumann, this car has spent its entire life both A) in known hands and b) at the race track. While it never competed “with the big boys” at races like Le Mans, it has plenty of SCCA and other club racing wins under its belt. More recently, it has competed in over 100 races dedicated to vintage racing cars – far more than it did when it was new. The most interesting, perhaps, of all races this car was involved in was the very first race at Laguna Seca in 1957, where it finished 2nd.

When Ferrari shipped this car new to California, it was equipped with a 2.5-liter Lampredi straight-four engine making about 225 horsepower. In 1960, the second owner swapped out the original engine for a Chevy V8 (I shuddered as I read that the first time). Later on, the Chevy engine was replaced in favor of a 3.0-liter V-12 making 320 horsepower and the car was restored in the early 1980s.

“But, wait!” you say. “This is not a numbers matching car, surely the value is lessened.” Ah, but the original engine was tracked down (at some point, presumably by the current owner who has owned the car for 30 years) and it is offered with the car. So when you buy it, you can re-install it if you so choose. I’m beginning to wish my list of problems in life included: “which engine do I want in my Ferrari this week?”

This is one of those pesky “Estimate Upon Request” cars, so, in other words, if you need to ask, you can’t afford it. But look for it to fetch multiple millions. For the entire – and much more complete – catalog description, click here. To check out the other cars from RM in Monaco, click here.

Update: sold $6,526,800.

Ferrari Motorcycle

1953 Ferrari 150cc Super Sport

Offered by Bonhams | Stafford, U.K. | April 29, 2012

That’s right, a Ferrari motorcycle. But not that Ferrari. The lot description says that Enzo was “not pleased” that the name of his new sports car company was also being used on a line of unrelated lightweight motorcycles. But, the bikes were built by (dramatic music) his brother! Could you imagine an upstart motorcycle company trying to use the Ferrari name today? Oh, the lawsuits.

Built in Milan, Fratelli Ferrari’s motorcycles rolled out of the factory from 1951 through 1954, making them extremely rare. They ranged in displacement from 123cc to 248cc. Two or four-stroke. Single or twin-cylinder. This one is “original and unrestored” and has a 150cc single.

Think you can find something with a “Ferrari” badge for less than this? Good luck. The estimate is $7,200-$8,800. For the complete lot description, click here. And to check out the rest of the line up for this Bonhams motorcycle auction, click here.

On a side not, I apologize for the images. Bonhams has shrunken their images on their new website and I really loathe finding photos outside of the official ones for fear of misrepresenting the vehicle we are featuring. It might end up that we begin to feature less vehicles from Bonhams, which would be a shame. But I’ll do my best to get you the highest quality images.

Update: Did not sell.

Bonhams Oxford Motor Cars Highlights

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.

RM Auctions – Amelia Island Highlights

RM Auctions’ recent sale in Amelia Island, Florida sold some outstanding cars, among them the 1929 Cord L-29 Special Coupe that we featured on this site. Far and away the most attractive Cord I’ve ever seen, it was the top sale at $2,420,000. Other million dollar sales included a 1956 Ferrari 250 GT Coupe Speciale by Pinin Farina that sold for $1,430,000.

This 1965 Aston Martin DB5 Vantage convertible sold for $1,210,000. Bringing the same price was a 1972 Ferrari 365 GTB/4 Daytona Spyder (below the picture of the DB5).

Another million dollar Ferrari was this 1967 275 GTB/4 Berlinetta that sold for $1,100,000.

A little more exotic was the 1930 Bugatti Type 46 Superprofile Coupe which has “recreation” coachwork. It was originally a sedan but the body was replaced with a “faithful recreation” of a famous Bugatti design. The real one would have brought more, but this car was no slouch at $1,017,500.

The first car under $1 million was the 1937 Squire Drophead Coupe that we featured. It brought $990,000. The hauntingly beautiful Hispano-Suiza Double Berline did not sell. There was, however, another Hispano-Suiza – this a 1918 Type 32 Collapsible Brougham by Baltasar Fioly-CIA that sold for $335,500.

The early Model J Duesenberg from this sale that we featured sold for $803,000. Other interesting sales include this 1956 Porsche 356A Carrera GS Coupe that sold for $288,750.

RM is still in the process of parting out the John O’Quinn collection and from that collection came this 1908 Columbia Electric Mark LXX Victoria Phaeton that sold for $66,000.

Another early car was the 1921 Napier T75 Speedster with room for four people – and not much else:

It sold for $79,750. Our final feature car was one of the more affordable cars sold (the second lowest selling price for an automobile at the auction), the Rovin D4 sold for $27,500 – a little price for a little car.

And finally, one car that really stood out was the 1958 DKW Universal Kombi Wagon, which is a type of car that you usually don’t see at American auctions. There are a multitude of interesting cars from all over the world and they tend to not pop up at auctions stateside – or even auctions held in Europe by North American auction houses. There are so many Packards and Porsches that sell at auctions like this, and not nearly enough cars from companies like DKW, or (name just about any European or Asian manufacturer). Now, I understand that they aren’t quite as collectible (money talks, after all) and that not many were imported. But they definitely stand out (in a very good way) when they do show up. This one brought $60,500.

For complete results, click here.

Gooding & Co – Amelia Island Highlights

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.

Ferrari 212 Inter

1951 Ferrari 212 Inter Coupe by Touring

Offered by Gooding & Company | Amelia Island, Florida | March 9, 2012

Photo – Gooding & Company

Before I get into describing this car, I would like to say that I would really like the following picture in high-resolution so I can use it as desktop wallpaper on my computer:

Photo – Gooding & Company

I don’t know, but it looks pretty awesome. Anyway, the Ferrari 212 Inter was produced only in 1951 and 1952 and only 82 were built in various body styles with coachwork from Touring, Ghia, Vignale, and Pinin Farina. The car seen here is by Carrozzeria Touring.

There was also a rarer 212 Export built, the difference being that the Inter rides on a four-inch longer wheelbase. The Export was intended for the track (only 28 were built) and the Inter was for cruising on the Autostrada. They both used the 2.6 liter “Colombo” V12 making 154 horsepower and were capable of over 100 mph.

The three-year restoration on this car ended in 2003 and it has been well-maintained since. I mean, look at that paint! Rarely does anyone buy a blue Ferrari. Well thankfully, whoever bought this originally, did.

Photo – Gooding & Company

The selling price of this car is estimated between $1,300,000-$1,600,000. To read the complete description (and ownership history), click here (interestingly, the URL for this car says “212 Export”). For the complete Gooding catalog, click here.

Update: Sold $1,375,000.

Artcurial Rétromobile Highlights

The Artcurial auction at Rétromobile in Paris had a high sell-through rate with a variety of interesting cars. Unfortunately, we only had time to feature two of them. First was the 1938 Horch 853 Cabriolet that ended up selling for $520,732, slightly exceeding its pre-sale estimate. Our other feature car was the awe-inspiring 1913 Delaunay-Belleville that has been in the same family since new – almost 100 years. Artcurial provided a rather large range for the car’s estimate and it sold right in the middle for $600,834.

There were numerous really interesting cars (I keep mentioning that, don’t I?). Some were extravagantly priced while others were downright affordable, like this 1965 Renault 4 that was modified to a convertible shortly after purchase. Renault did produce a 4 convertible – called the Plein Air, but this car pre-dates that model. It sold for $16,690.

The next car was not, well, affordable. But it certainly is jaw-dropping. It’s a 1937 Mercedes-Benz 540K Cabriolet B with a 180 horsepower 5.4 liter straight-8. This particular car was once in the Rockefeller family and has an awesome paint scheme with black and silver with red highlights. It was the second top seller at $629,961.

A quartet of interesting pre-war cars from lesser-known manufacturers than Mercedes-Benz include this 1908 Lorraine Dietrich 12 HP Touring car. It sold for $72,831.

Even older is this London-to-Brighton eligible 1898 (or 1899) Decauville Voiturelle. It’s an early French car that appears to be quite rudimentary by today’s standards. But this was quite a vogue car back in 1898 when over 600 of them were sold. I’m sure they cost a lot less in the 19th century than the $106,212 it went for in Paris in 2012.

The 1912 Gobron-Brillie 12 CV Torpedo Skiff by Rothschild (below) had been on sale in St. Louis at Hyman Ltd. for $325,000. It’s the only one in existence and it could have been yours for $273,117. That’s about a $50,000 savings over buying it off the lot.

The cheapest car (by price) in the entire auction (including motorcycles and scooters) was this 1933 Rosengart LR4 Torpedo that missed its estimate and was sold for $6,828.

Slightly newer is this 1969 Alpine A110 1600 Coupe – a great looking car with racing pedigree. It sold for $84,970.

Cisitalia is best known for their 202 road car and even their monoposto race cars. But they also built about 15 of the 33 DF Voloradente model in the mid-1950s. This 1954 model brought $189,665.

Something I personally thought was really cool was this 1977 Fiat 131 Abarth Rally – a homologation rally car built for the street. 500 were built with a 140 horsepower 2.0-liter straight-4. It’s boxy, so you know it means business. Sale price: $71,314.

Top sale of the auction (which it as by nearly a factor of 10) was this 1959 Ferrari 250 GT LWB California Spyder. It sold for $5,740,248. The average price for a LWB California Spyder over the past five or so years is about $3.4 million. Prices are rising.

Two other Italian gems were this aluminum-bodied 1967 Bizzarrini 5300 GT Strada – one of only 72 alloy 5300 GTs. A very desirable car, selling for $447,608.

The other was this 1947 Fiat 1100 S MM by Rappi. It’s eligible for all kinds of historic events including the Mille Miglia. These cars are very rare and, although it only has 51 horsepower, they are apparently quite fun – and stylish. $166,905.

This auction also featured more than a dozen rare cars in their original condition. Multiple cars from Talbot-Lago, Hotchkiss, Panhard, Talbot, and Salmson. Most were sedans from the late 1940s and early 1950s. They all looked stately and dusty and ready to be freshened and brought back to life. Prices ranged from about $27,000-$90,000 for the cars as they were in various conditions. None of them were especially extravagant, but the one that keeps catching my eye as I look through the results was the last lot in the sale – this 1939 Hotchkiss 686 Chantilly Limousine. It is in need of a restoration – but imagine how good it would look all prettied up. It sold as is for $39,450.

For complete results, click here.