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One of the Earliest Sports Cars

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1908 Isotta Fraschini Tipo FENC Two-Seater

Offered by Mecum | Monterey, California | August 17, 2013

1908 Isotta-Fraschini Tipo FENC

Milan-based Isotta Fraschini began building cars of their own design in 1904. This car came not long after that. The Type FE was a race car built by Isotta to compete in the great European races of the day. Its predecessor, the Type D, used a 17.2-liter straight-four engine. That’s “train-size.”

Well that big engine didn’t fare so well in competition, detonating itself after one lap. So, for the 1908 races, Isotta tried something different. Instead of brute power via displacement, they went for the whole package. The cars were light and handled well – weight was only 1,342 pounds – which is probably close to what the 17.2-liter engine weighed. And then they fitted it with a light 1.2-liter straight-four.

They were more successful at the track and Isotta Fraschini built some for the road and dubbed them “FENC.” The engine was enlarged to 1.3-liters and makes about 17 horsepower. It is capable of 60 mph. You could call it a sports car. Only about 100 FENCs were built and only two are known to survive. This one was discovered in 1985 in bad shape and then thoroughly restored. It sold at auction in 2008 for $166,500. We’ll see how it goes this time around. Click here for more info and here for more from Mecum in Monterey.

Update: Sold $145,000.

S/N: 6023

May 2013 Auction Highlights, Part I

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There were a number of big-time auctions in May – led off by Auctions America’s Auburn Spring sale. We’ll start with interesting cars, which was topped by this 1983 Lincoln Quicksilver Concept by Ghia. It has a Ford V6 and is a running car and sold for only $9,570.

1983 Lincoln Quicksilver Concept by Ghia photo 1983LincolnQuicksilverbyGhia_zps76785824.jpg

Our featured Hudson Commodore 8 Convertible sold for $51,700. Top sale went to this 1930 Packard Super Eight Model 745 Dual-Cowl Phaeton fro $198,000. Check out full results here.

1930 Packard Super Eight Model 745 Dual-Cowl Phaeton photo 1930PackardSuperEightModel745Dual-CowlPhaeton_zps42b4ff3a.jpg

Next up is Bonhams’ annual Aston Martin sale. The top sale (by far) was our featured DB4GT Bertone “Jet” which sold for $4,897,334. Our other featured car, the DB7 V12 Prototype sold for $34,663. One car whose price really caught my attention was this 2000 SWB Vantage Volante Special Edition which brought $609,924. These things were always expensive and I never really understood why. There were a number of really high-dollar cars and an apparent 100% sell-through rate. Check out complete results here.

2000 Aston Martin SWB Vantage Volante Special Edition photo 2000AstonMartinSWBVantageVolanteSpecialEdition_zps03c9cde3.jpg

Next up (and I’ve just decided to split May’s auction highlights into two posts) was Mecum’s Indianapolis Spring sale. The top sale was our featured Shelby GT500 Super Snake for $1,300,000. This sale had some odd results – including $107,500 for a Buick GNX and $1,000,000 for one of the handful of Shelby GT500 replicas used in the Nicolas Cage version of Gone in 60 Seconds. 

The next (third) highest sale was for this multi-award winning Corvette. It’s a ’67 427/400 Corvette Convertible and, judging by the price, is one of the nicest Corvettes in existence. It’s a black and blue car (Tuxedo Black with Blue interior), which is exceedingly rare. The price? $610,000.

1967 Chevrolet Corvette 427/400 Convertible photo 1967ChevroletCorvette427-400Convertible_zpse66953d7.jpg

Another cool Corvette was this 1991 Callaway Convertible. It has a 400 horsepower engine and a 1990s-teen-bedroom-poster-worthy bodykit. It sold for $135,000.

1991 Chevrolet Corvette Callaway photo 1991ChevroletCorvetteCallaway_zps8f1913b2.jpg

Dana Mecum must have sold his soul to the devil, because he has become the king of getting limited-production muscle cars to his auctions. Like a ridiculous amount of rare cars. That, and there seem to be more Mopars at Mecum auctions than there were built in the late 60s and early 70s. For example, this 1966 Dodge D-Dart Lightweight. It is one of 50 built (and one of two at this sale!). It sold for $26,000.

1966 Dodge D-Dart Lightweight photo 1966DodgeD-DartLightweight_zps9500d45c.jpg

And going back a little farther, we find this 1941 Plymouth PT125 Pickup that sold for $14,500.

1941 Plymouth PT125 photo 1941PlymouthPT125_zps2bab4e44.jpg

Of our other feature cars, the Torino King Cobra and Camaro ZL1 both failed to sell. The L72 Chevy Biscayne with just 720 original miles sold for what has to be a model record of $165,000. Check out full results – including more rare muscle cars – here.

The final part of our “Part I” post for may takes us through Silverstone’s International Trophy Sale. Our featured Maserati Merak with custom coachwork by Saurer sold for $69,000. Top sale here went to this 1964 Ferrari 330GT for $134,900. Check out complete results here.

1964 Ferrari 330GT photo 1964Ferrari330GT_zps1203f6aa.jpg

ZL1 Camaro

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1969 Chevrolet Camaro ZL1

Offered by Mecum | Indianapolis, Indiana | May 18, 2013

1969 Chevrolet Camaro ZL1

You’re looking at a very rare, very desirable car. In fact, this is about as desirable as Chevy Camaros come. The lot description here even describes it as having the “most exotic American-built production powerplant of the 1960s.”

What sets the ZL1 apart from any other Camaro – and any other COPO Camaro – is its all-aluminium 427 (7.0-liter) V8 rated at 430 horsepower, but in fact delivering far, far more (some estimates push that number to about 550). Let’s back up a little: COPO is GM-speak for Central Office Production Order. At the time, GM was not allowing themselves to use engines larger than 6.6 liters. To get around that, customers could use a special order process – usually reserved for fleet sales – to spec out their cars with options not available to the general public.

The ZL1 engine was developed in part with the Chaparral Can-Am race team. It was developed for drag racing but ended up being a terror on the streets. The engine reportedly cost $4,000 alone – about twice the cost of a base V8 Camaro.

Only 69 ZL1 Camaros were built (this is #23), making it exceedingly rare. Prices have come down from their ridiculous levels back in the 2006/2007 era where these were pushing a million bucks. A more realistic estimate would be about $400,000. Click here for more info and here for the rest of Mecum’s Indianapolis lineup.

Update: Failed to sell.

Torino King Cobra

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1970 Ford Torino King Cobra

Offered by Mecum | Indianapolis, Indiana | May 18, 2013

1970 Ford Torino King Cobra

The Ford Torino Talladega was Ford’s 1969 NASCAR ringer car. It had a highly sloped fastback and a 428 Cobra Jet engine. For 1970, Chrysler seriously upped the game with the Plymouth Superbird, which would dominate NASCAR.

So Ford designer Larry Shinoda designed this aerodynamic coupe based on the Torino. Everything from the firewall back is standard Torino, but that sleek, downforce-creating front end was all new. The grille was relocated to below the bumper and the hood was blacked out. And there were headlight covers planned for the NASCAR teams (this car has them).

NASCAR upped their homologation requirements for 1970, mandating that 3,000 copies of a car must be built in order to compete. This led Ford to abandon the project after only three prototypes had been built. It was never raced. Each car had a different engine: one had the Boss 429, one a 429 SCJ and the other a 429 CJ. So this car has either an engine rated at 370 or 375 horsepower (the lot description is currently blank for this car). It is one of only three and should bring a pretty penny, even though Torino’s are not (for whatever reason) highly collectible. Click here for more info and here for more from this sale.

Update: Failed to sell.

Update: Sold, Mecum Kissimmee 2019, $192,500.

April 2013 Auction Round-Up

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We’ll start with Mecum’s Houston sale which included our featured, all-original Mercury Voyager wagon, which failed to sell. Our featured pair of NASCAR-themed Mercury Cyclone Spoiler IIs both sold – the Yarborough Special bringing $26,000, while the Gurney special only brought $22,000. Top sale went to this 1970 Ford Mustang Boss 429 Fastback for $220,000.

1970 Ford Mustang Boss 429 Fastback photo 1970FordMustangBoss429Fastback_zps5e9a2272.jpg

And from the “anything can show up at one of these sales” file, this 1972 Toyota Corona Mark II Wagon, which sold for $8,500. For full results, click here.

1972 Toyota Corona Mark II Wagon photo 1972ToyotaCoronaMarkIIWagon_zpsa6099b8d.jpg

On to Barrett-Jackson’s annual Palm Beach sale. Our featured Opel GT sold for $6,050. I was right on with my “how to buy a foreign sports coupe on the cheap” comment. Our featured Dodge D-100 Sweptside pickup brought $73,700. The top (real) sale was this 1968 Shelby GT500 Convertible for $330,000. (I say “real” because cars sold for charity always bring inflated results. There are no brand-new Corvette convertibles worth $1 million. Not even serial #001. Rich people pay big money for these cars to get a tax write off… I mean “to donate to a good cause”).

1968 Shelby GT500 Convertible photo 1968ShelbyGT500Convertible_zps67206b45.jpg

If I had to pick an “interesting sale” I would go with this gorgeous 1956 DeSoto Fireflite Sportsman that sold for $40,150 – which is a good price for a car that looks this good. Check out complete results here.

1956 DeSoto Fireflite Sportsman photo 1956DeSotoFirefliteSportsman_zpse7f0f12b.jpg

Next up was H&H’s sale at the Imperial War Museum in England. Top sale went to this 1955 Mercedes-Benz 300 SL Gullwing for $1,021,000.

1955 Mercedes-Benz 300SL photo 1955Mercedes-Benz300SL_zps44f99fcd.jpg

Our featured Jaguar XJ220 Prototype failed to sell. “Interesting results” honors are split between two cars. First this 1969 Mazda Luce R130 Coupe sold for $25,500.

1969 Mazda Luce R130 Coupe photo 1969MazdaLuceR130Coupe_zpsd53e65b9.jpg

And finally, this 1989 Eltrans Mini-El sold for $2,200. Check out full results here.

1989 Eltrans Mini-El photo 1989EltransMini-El_zpsca2f5df3.jpg

Next up is Mecum’s Kansas City sale. Our featured Mitsubishi 3000GT Convertible conversion sold for $14,500. Interesting sales were led by this affordable and attractive 1969 Mercury Cyclone Fastback for $12,250.

1969 Mercury Cyclone Fastback photo 1969MercuryCycloneFastback_zps5135ffa8.jpg

Top sale went to this 1936 Ahrens-Fox BT Fire Truck. Early Ahrens-Fox fire engines are some of the most collectible fire trucks out there. This one sold for $125,000 (yes, I realize the photo shows it crossing the block for $135,000). Check out full results here.

1936 Ahrens-Fox BT Fire Truck photo 1936Ahrens-FoxBTFireTruck_zps65010ff9.jpg

Next up is the Don Davis Collection, which was offered at no reserve by RM Auctions on April 27. The top sale went to this 1967 Ferrari 330 GTS for $1,936,000. Pictured below that was a million-dollar car (just barely): a 1965 Shelby Cobra 289 which brought $1,001,000.

1967 Ferrari 330 GTS photo ScreenHunter_04_zpsea32638e.jpg

1965 Shelby Cobra 289 photo ScreenHunter_05_zpsf4ab5723.jpg

Our featured Toyota 2000GT brought an eye-popping $1,155,000 – surely a world record for a Japanese car at auction. Anther feature car, the Porsche 356 by Drauz, sold for $137,500. This 1955 Mercedes 300SL Gullwing sold for $1,237,500.

1955 Mercedes-Benz 300SL photo 1955Mercedes-Benz300SL_zps9f2627c4.jpg

Other feature cars that sold included a pair of Chryslers. First, the Newport Dual-Cowl Indy 500 Pace Car sold for $880,000. Then the GS-1 Special by Ghia brought $616,000. This 1973 Ferrari 365 GTB/4 Daytona Spider sold for $1,650,000.

1973 Ferrari 365 GTB/4 Daytona Spider photo 1973Ferrari365GTB4DaytonaSpider_zps73f93d7f.jpg

Our final two feature cars are the F-Code Ford Thunderbird which sold for $198,000. And the BMW M1 went for $ 242,000. Check out complete results here.

Now we move on to Auctions America’s 2013 Spring Carlisle sale. The top sale (by a recent margin) went to this 1959 Chevrolet Corvette Big Brake Fuelie for $148,500.

1959 Chevrolet Corvette Big Brake Fuelie photo 1959ChevroletCorvetteBigBrakeFuelie_zpsa16ae50f.jpg

Finally, Bonhams sale at the RAF Museum in Hendon, U.K. The top sale there was a 1955 Jaguar XK140 Drophead Coupe for $194,500.

1955 Jaguar XK140 Drophead Coupe photo 1955JaguarXK140DropheadCoupe_zps0da2f79b.jpg

The most interesting car at this sale was this 1917 Fiat 15/20hp Tipo 2B Wagonette. I love the dually rear wheels. It sold for $34,000. Our featured AC Royal brought $26,900. Click here for full results.

1917 Fiat 15/20hp Tipo 2B Wagonette photo 1917Fiat15-20hpTipo2BWagonette_zps84cbc668.jpg

427 Biscayne

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1968 Chevrolet Biscayne L72 2-Door Sedan

Offered by Mecum | Indianapolis, Indiana | May 18, 2013

1968 Chevrolet Biscayne L72

The Chevrolet Biscayne was the entry-level full-size model for the Chevrolet line. It was positioned below the Bel Air and Impala throughout its life, which lasted four generations from 1958 through 1975. This is a generation three car – the last generation you could get a two-door hardtop (which was only offered through 1969).

It’s a sleeper, really. Biscaynes were intended for the fleet market – just like the Ford Crown Vic was for the last 15+ years. They were mundane and didn’t really stand out. But you could get them with the L72 option – a Turbo-Jet 427 – a 6.7-liter V8 making 425 horsepower. It also had a Muncie 4-speed with a Hurst shifter. No one would see this car coming at a stoplight in 1968.

Apparently, this car was sold new to a Georgia bootlegger. I’m sure the original purpose was to blend in and to be able to get away when need be. It’s the perfect car for that, offering both anonymity and tire-screeching performance. But the owner ended up in jail before he could use it and the car was hidden before it could be seized. It’s all original in preservation condition. It has just 720 miles on it from new! And it is the only black L72 Biscayne know to exist in the world. What an awesome car. This car could bring anywhere from $30,000-$80,000 – there really isn’t a precedent for an original L72 car like this. Click here for more info and here for more from Mecum in Indy.

Update: Sold $165,000.

GT500 Super Snake

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1967 Shelby GT500 Super Snake

Offered by Mecum | Indianapolis, Indiana | May 17, 2013

1967 Shelby GT500 Super Snake

For 1967, Shelby added a bigger, more powerful Mustang to its current Mustang lineup, which consisted solely of the GT350. The new GT500 used the police interceptor engine – the 428 V8 (7.0-liters) rated at 355 horsepower. It was an immediate success and outsold the GT350 by almost 2 to 1.

This car is special. We’ll start with something I didn’t know: Carroll Shelby was the West Coast distributor for Goodyear in the late 1960s. Goodyear asked him to help showcase their new economy tire. It was to be an extended high-speed demonstration and Shelby decided to build a super GT500 for this task. They pulled a GT500 off the line and equipped it with a racing 427 – essentially the same engine that the GT40 ran at Le Mans. It put out about 600 horsepower.

Then it was equipped with the el cheapo-looking tires you see on it now and run for 500 miles at an impressive average of 142 mph (it topped out around 170!). The car was shipped to a Ford dealership in California afterward and the dealer wanted Shelby to build a run of these cars, but the price would have been exorbitant – being more expensive than the Cobra – and Shelby declined.

The car passed through various owners until the current owner acquired it and performed a “light restoration” – putting back into test mode (and finding a nearly impossible-to-find set of original skinny Goodyears – the same model used in the tire test). This is the only GT500 Super Snake built and it will bring considerably more than the $5,000 that drove it off the Ford lot in 1967. Click here for more and here for more from Mecum in Indy.

Update: Sold $1,300,000.

Update: Sold, Mecum Kissimmee 2018, $2,200,000.

3000GT Convertible

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1992 Mitsubishi 3000GT VR-4 Convertible Conversion

Offered by Mecum | Kansas City, Missouri | April 26, 2013

1992 Mitsubishi 3000 GT VR-4 Convertible Conversion

The 3000GT was the coolest car Mitsubishi ever built – and yes, that includes the Evos. They were built from 1990 through 2001 and the competitive set through those years included the Toyota Supra, Nissan 300ZX and Mazda RX-7.

But there was never a factory convertible offered on the 3000GT. There were, however, conversions available from convertible masters ASC (American Sunroof Corporation), whose name was a little misleading as they tended to chop the entire roof off instead of just making sunroofs. Anyway, the ASC convertibles were only available for the 1995 and 1996 model years. And they were retractable hardtops.

So what gives here with this rag top car? Well let’s start with the fact that it is a VR-4 – the king hell version of the 3000GT. What the VR-4 model got you was 4-wheel-drive with a 296 horsepower 3.0-liter twin turbo V-6. Pretty desirable among these cars. But someone (Mecum’s description says “Californian R. Strahan” but I have no idea what that refers to) lopped the roof off and installed a soft top. And it looks well done. It looks so good, that I’m pretty bummed Mitsubishi never offered the option from the factory.

This is a 23,000 mile original car. 3000GTs have not held their price as well as Supras and RX-7s. They, with the 300ZX, have fallen off a bit, but the nice ones can still command a premium. And this is a nice one. $15,000 or slightly more doesn’t sound unreasonable at all. Click here for more info and here for more from this sale.

Update: Sold $14,500.

All-Original Mercury Voyager

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1957 Mercury Voyager

Offered by Mecum | Houston, Texas | April 5, 2013

1957 Mercury Voyager

The 1950s were a great time for American station wagons and American cars in general. Chevrolet Nomads are very popular and show up everywhere. You don’t see Mercury Voyager’s all that often. Or ever.

The model was introduced as Mercury’s mid-priced, full-sized wagon for 1957. There was a cheaper alternative and one more expensive. It was available in a two-door and a four-door. This car features a 6.0-liter V8 making 290 horsepower.

Only 2,283 two-door Voyagers were made in 1957, so this car is quite rare. It has spent a long time in a car museum and is entirely original – right down to the paint. It’s listed as in “As-New” condition and looks the part. This is a $20,000-$30,000 car. Click here for more info and here for the rest of Mecum’s Houston lineup.

Update: Not sold.

Yarborough Special Cyclone

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1969 Mercury Cyclone Spoiler II Yarborough Special

Offered by Mecum | Houston, Texas | April 4-6, 2013

1969 Mercury Cyclone Spoiler Yarborough Special

Photo – Mecum

Ford – make that, Mercury – was involved in NASCAR racing in the late 1960s. For 1969, their NASCAR model was the Cyclone. And NASCAR demanded that any car a manufacturer raced needed to be produced for the street – or homologated. So Mercury took their Cyclone and made it more aerodynamic to make it more competitive on the circuit.

So they built a few road models – “few” being the operative word. NASCAR mandated that about 500 be built. Mercury was feeling generous in 1969 and built 503. They built them all in the first few weeks of 1969 only. It was essentially the same car as the Ford Torino Talladega.

The body was a Cyclone fastback (or “Sportsroof”) with a nose extension. The engine was  a 5.8-liter Ford V-8 (the race car got a 7.0-liter). Horsepower was about 290. Two models were offered, this one being a “Yarborough Special” named for NASCAR superstar and legend Cale Yarborough. Only 285 of this version was built and the red trim sets it apart from its sister car (you can read more here).

Update: Sold $26,000.