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Ferrari 500 Mondial

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1954 Ferrari 500 Mondial Spider Series I by Pinin Farina

Offered by RM Auctions | Monterey, California | August 16-17, 2013

1954 Ferrari 500 Mondial Spider Series I by Pinin Farina

We featured a Ferrari 750 Monza a few weeks back. Well this car, even though it’s called a “Mondial,” is part of that family of cars. In fact, it directly preceded the 750 Monza. The 500 Mondial was built for 1954 only.

Ferrari began building four-cylinder engines for Formula Two in 1952 and walked away with the championship in ’52 and ’53. Back in these days, the Scuderia would transfer those race engines directly into other cars – many of which were sold to customers (imagine Ferrari or McLaren doing that today). In this case, the 2.0-liter Lampredi straight-four was dropped into the 500 Mondial sports racing car. It makes 170 horsepower.

This was one of four cars entered by Ferrari in the 1954 Mille Miglia – but because the organizers of that race kept such poor records, nobody knows for sure who drove it or where it finished. It was sold upon completion of that race and used by a privateer in Italy before making its way to its second owner in Venezuela the following year.

It entered American ownership in 1964 and it was restored for the first time in 1987 and again 10 years later in 1997. Only 20 Series I cars were built, with an additional 10 Series II cars – making there just 30 examples of the 500 Mondial built. This is car #6. It has Scuderia Ferrari team history and Mille Miglia history. And it’s one of those great cars that is perfect for classic car rallies and tours. It is expected to sell for between $2,750,000-$3,250,000. Click here for more info and here for more from RM.

Update: Sold $3,520,000.

S/N: 418MD

Birdcage Maserati

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1960 Maserati Tipo 61

Offered by RM Auctions | Monterey, California | August 16-17, 2013

1960 Maserati Tipo 61

In my mind, this is the most-famous Maserati ever built. If you want a classic race car from the Trident People, there are no other cars to consider. It’s a Birdcage or nothing.

The Tipo 61 was introduced in 1959 and it uses an intricate space-frame chassis with hundred of tiny steel tubes connecting everything – hence the nickname “Birdcage.” The cars were used for assaults on Le Mans and every other major sports car race in the early 1960s. The cars were very quick – but the mechanicals were unreliable, so they never won the big races they were supposed to.

This car is from 1960 – the final year was 1961. Only 16 were built in total over the three years (this was the 11th made). The engine is a 2.9-liter straight-four making 250 horsepower. It also weighed practically nothing – only 1,300 pounds. This was a team car of the Camoradi squad – headed by American Lloyd Casner. Its competition history includes the following:

  • 1960 12 Hours of Sebring – DNS (blew engine in practice, with Jim Rathmann)
  • 1960 1000km of Nürburgring – 1st (with Stirling Moss and Dan Gurney)
  • 1960 24 Hours of Le Mans – 53rd, DNF (with Giorgio Scarlatti and Gino Munaron)
  • 1960 Swedish Grand Prix – 2nd (with Jo Bonnier)

It then competed in (and won) some SCCA races in privateer hands later that year. It was sold a few more times before ending up in the U.K. in the early 1970s when it was restored and subsequently damaged during a historic event. A few more European owners enjoyed it after that, restoring it again in 1986 and using it in the Goodwood Revival and Festival of Speed. The most recent restoration was carried out in 2006.

This is a very rare car and one of the most desirable and legendary race cars of the 1950s/1960s. And if you’re going to buy one – this is the one to have. It has some of the best competition history and the best paint scheme. It should sell for between $3,000,000-$4,000,000. Click here for more info and here for more from this sale.

Update: Sold $2,090,000.

S/N: 2461

Duesenberg J-345

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1931 Duesenberg Model SJ Disappearing Top Convertible Coupe by Murphy

Offered by RM Auctions | Monterey, California | August 16-17, 2013

1931 Duesenberg Model SJ 345 Disappearing Top Convertible Coupe by Murphy

Auctions in Monterey spell “Duesenberg time!” This is a supercharged Model J – or, unofficially, an “SJ.” This, the opening paragraph, would also be a nice place to tell you that there is another subject of which I have a major interest. And that is: the early days of 20th Century organized crime. Why is that an important detail? Read on.

I’ll start by saying that this is not an original SJ – the supercharger was added in the late-1970s when it was restored. That said, the 6.9-liter straight eight makes 320 horsepower with the supercharger.

The car was purchased new by William Collins – who ran in the New York underworld and of whom I’ve heard nothing about. He was killed the day after he bought it. It was then bought by Mickey Duffy – one of the biggest bootleggers in Philadelphia. Fans of Boardwalk Empire: the character of Mickey Doyle is based on Mickey Duffy. From Duffy (who died in 1931), the car was next owned by Owney Madden – another famous bootlegger and owner of the Cotton Club.

He sold it in 1931 and that’s where this car’s history with the mob ends. It passed from owner to owner over the years – and in 1953 it was listed for sale for only $150! It was restored in the 1980s and has been carefully pampered since. Only 27 Disappearing Top Convertible Coupes were built by the prolific Walter M. Murphy Company of Pasadena, California. This one should sell for between $2,000,000-$2,500,000. Click here for more info and here for more from RM in California.

Update: Did not sell (high bid of $1,850,000)

Pebble Beach-Winning Mercedes 680S

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1928 Mercedes-Benz 680 S-Type Torpedo Roadster by Saoutchik

Offered by RM Auctions | Monterey, California | August 16-17, 2013

1928 Mercedes-Benz 680S Torpedo Roadster by Saoutchik

Whoa. Every once in a while (and seemingly more and more often as of late) a car comes along that just shouldn’t exist. It’s so rare and it looks like something out of a black and white photograph that it just can’t be real. Cars like this only exist in private European collections. And only 60+ years ago.

But no, here it is. This car won Best in Show at the 2012 Pebble Beach Concours d’Elegance. This car was also displayed at the 1929 New York Auto Salon. A lot of people have seen it in person. We’ve actually featured another Mercedes-Benz 680 (here) if you want to read more about the evolution of the model.

Here’s some specs on this car. It uses a 6.8-liter straight-six with the pedal-controlled supercharger. That is: it made 120 horsepower when cruising around and 180 horsepower when you matted the throttle, engaging the “Kompressor.” It has top-of-the-line mechanicals for 1928.

But then there’s the body. It’s low slung and designed by one of the top coachbuilders of the era: Saoutchik of Paris. The interior is lizard skin. It was ordered by the wife of a wealthy American and by the time the car was completed, the couple was broke. It sat in a New York showroom before it was sold to a young Standard Oil executive. There’s a pretty cool story about it that I won’t reprint here, but you can read about it on RM’s website.

The car was parked in 1952. It was restored for the first time in 1980 and in 1986 it was placed in a museum where it remained until 2006 (the first time it left ownership of the original family). The current owner bought it in 2008 and had it fully restored – with brand new lizard skin interior.

Only 124 Type S Mercedes’ were built. Only three had short-windshield bodies from Saoutchik. Of those three, this is the only one left. In order to bid on this car, you have to tell the auction house prior to the sale. That’s a solid hint that it is expected to bring an insane amount of money. Click here for more info and here for more from RM in Monterey.

Update: Sold $8,250,000.

Update II: Not sold, RM Sotheby’s Villa Erba 2017.

S/N: 35949

Cadillac Military Roadster

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1914 Cadillac Model 30 Military Sport Roadster by Schutte

Offered by RM Auctions | Plymouth, Michigan | July 27, 2013

1914 Cadillac Military Sport Roadster by Schutte

Well this car got lucky. I wouldn’t have featured it, but some auction houses are taking their sweet time publishing their online catalogs (thank you, Mecum, for being on the ball!). Anyway, at the last second, I chose between this and another car. Why’d I pick this over the other? Two reasons: 1. I asked somebody to pick for me. And 2. This car has been in the same family for 98 years! So when was the last time you saw one like this come up for sale?

Let’s talk about that 98 years: first of all, incredible. Secondly, this is not the original body on this car. The Cadillac Model 30 was introduced in 1909. It uses a 6.0-liter straight-four engine making 40-50 horsepower. In 1915, the Model 30 was given a V-8. The original body was a roadster body. But during WWI, the Schutte Body Company displayed a range of new bodies at the New York Auto Show.

So the owner, whose car was a little long-in-the-tooth style-wise, liked what he or she saw. The so-called “Military Sport” body was installed on this car between 1917 and 1919 (so it’s pretty close to original). It was called that because it was popular with military officers during the war. It was basic and “patriotic” due to its use of few materials (and lack of features).

This is the only Cadillac known to have a Military Sport body on it. The restoration is brand new and it’s in excellent, usable condition. Here’s a chance for a one-of-a-kind car. It should sell for between $125,000-$175,000. Click here for more info and here for the rest of RM’s St. John’s sale.

Update: Sold $110,000.

Duesenberg J-183

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1929 Duesenberg Model J Dual-Cowl Phaeton

Offered by RM Auctions | Plymouth, Michigan | July 27, 2013

1929 Duesenberg Model J 183

This Model J is an actual Model J but it doesn’t have an original body on it. The original body, which was a Derham Town Car, burned to the ground. At some point more recently, the car was restored and given a Dual-Cowl Phaeton body in the style of Murphy. But between that time is where this car’s interesting history lies.

James Hoe was a mechanic who is more or less responsible for keeping many of the Duesenbergs still around alive and well. He worked on them back in the day, servicing, repairing, etc. Whatever kept them around. Well in 1950, he bought this car for $150 – basically salvaging it. The body was a loss, so he turned it into a custom speedster. Many of the original Duesenberg parts were still on it, engine included (although the transmission was from a White truck).

He raced the car at some SCCA events and hillclimbs. It would do 140 mph. After he sold it, the car was restored to how you see it. A different engine was put in the car, but the bell housing from J-183 was retained and that is the number the engine carries today. It should sell for between $725,000-$900,000. Click here for more info and here for more from RM at St. John’s.

Update: Sold $682,000.

May 2013 Auction Highlights Part II

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And for the second week in a row we recap auction highlights for May – easily led off by RM’s spectacular sale at Villa Erba (Lake Como) Italy. The top sale by a long way was our featured ex-Le Mans Ferrari 340/375. It sold for $12,812,800. Feature cars from this sale that failed to meet their reserve and did not sell included the 1905 Fiat Touring car, the Bugatti Type 37 Grand Prix and the Bugatti Type 44 Grand Sport. Million dollar sales included this 1965 Ferrari 275 GTB by Scaglietti for $1,456,000.

1965 Ferrari 275 GTB by Scaglietti

Only two of our other feature cars cracked the million-dollar mark. They were the Ferrari 400 Superamerica which went for $2,839,200. The Ferrari 599XX sold for $1,193,920. This 1962 Mercedes-Benz 300SL Roadster sold for $1,448,720 (it’s not even a Gullwing!).

1962 Mercedes-Benz 300SL Roadster

Other sales included this custom Maserati Fastback Bellagio for $152,880. The beautiful Porsche 356 Pre-A Speedster sold for $247,520. This 1985 Ferrati 288 GTO sold for $1,252,160. Below the 288 GTO is a gold 1965 Ferrari 275 GTS that sold for $1,033,760.

1985 Ferrati 288 GTO

1965 Ferrari 275 GTS

Three of our five featured Bugatti ended up selling. They were the Type 30 Torpedo for $407,680, the Type 40 Roadster Luxe for $422,240 and the Type 46 Superprofile Coupe for $873,600. Two more million-dollar Ferraris included this 1961 250 GT Series II Cabriolet by Pininfarina for $1,084,720 and this 2004 Enzo (second picture below) for $1,390,480.

1961 250 GT Series II Cabriolet by Pininfarina

2004 Ferrari Enzo

And the two smallish cars we featured also both sold. The Cisitalia 33DF brought $167,440. And the Moretti 750 Gran Sport sold for $174,720. Below, this 1964 Ferrari 250 GT Lusso sold for $1,266,720. You can check out full results here.

1964 Ferrari 250 GT Lusso

Next up was Bonhams’ sale held at Spa-Francorchamps. The top sale there was this 1964 Ferrari 275GTB for $1,167,977.

1964 Ferrari 275GTB

All four of our featured cars: the Alfa 6C 2500 by Pinin Farina, the 6C 2500 by Diamante, the Koenig Ferrari and the Davies Special all failed to sell (yikes – didn’t do too well picking them this time). Interesting sales were headed by this 1965 Fiat-OSCA 1600S Cabriolet by Pinin Farina. It sold for $22,318. Check out full results here.

1965 Fiat-OSCA 1600S Cabriolet by Pinin Farina

Maserati Bellagio

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2009 Maserati Touring Bellagio Fastback by Touring Superleggera

Offered by RM Auctions | Lake Como, Italy | May 25, 2013

2009 Maserati Touring Bellagio Fastback by Touring Superleggera

This is the wagon version of the Maserati Quattroporte that Maserati never built. It’s one of those aftermarket “bespoke” customs – like the couple of Aston Martins we featured in the past.

So Carrozzeria Touring took a Quattroporte sedan and turned it into this functional fastback “shooting brake” style wagon. As someone who likes wagons, I think this is pretty cool. As someone who loves the Maserati Quattroporte, I think this is very cool. The only thing I don’t like are the wheels and tires which are hideous and look insanely cheap. RM calls them “stunning” but I think the use of that word is born out of the fact that RM makes more money for every extra dollar this thing sells for.

Most of it is Maserati, like the 395 horsepower, 4.2-liter V-8. There are the nice additions of a champagne refrigerator and a shotgun compartment inside – for those nice British fox-hunt days – or a hip-hop shootout on the L.A. freeway – both of which fit this car perfectly. Only four of these were built and this one was constructed for the president of Ducati. It should sell for between $105,000-$155,000. Click here for more info and here for the rest of RM’s lineup in Italy.

Update: Sold $152,880.

Porsche Pre-A Speedster

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1955 Porsche 356 Pre-A 1500 Speedster by Reutter

Offered by RM Auctions | Lake Como, Italy | May 25, 2013

1955 Porsche 356 Pre-A 1500 Speedster by Reutter

The Porsche 356 was introduced in 1948 in coupe and cabriolet form. In 1954, the U.S. importer for Porsche, Max Hoffman, saw a potential market opportunity for a stripped-out 356 roadster.

They called it the Speedster and it had a short windshield, bucket seats and a basic folding top. It was race-ready and a big hit in the U.S. What makes this particular car even more special is that it is a “Pre-A” Speedster. Porsche 356s are broken down by their letter: there was the 356, 356A, 356B and 356C (the last of which was built in 1966 – almost 20 years after the first model). The 356A was introduced in 1955, meaning that Pre-A Speedsters are very rare and were only produced for a short time. Pre-A was not a company designation and the differences between them and the 356A are mostly cosmetic.

This car has been completely restored and is magnificent in Signal Red with red wheels and whitewall tires and a light cream interior. The engine in this car is not original. When it was restored, an upgraded, period-correct 1500 Super engine was installed – at 1.5-liters, the flat-four makes 70 horsepower – 15 more than the non-Super engine.

This is a really rare car and one of (if not the) most desirable variant of the 356. The body by Reutter is an updated version of the original Gläser 356 body. This is expected to sell for between $210,000-$260,000. Click here for more info and here for more from this sale.

Update: Sold $247,520.

Ferrari 599XX

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2010 Ferrari 599XX

Offered by RM Auctions | Lake Como, Italy | May 25, 2013

2010 Ferrari 599XX

Every once in a while – more so lately than ever – Ferrari goes about building some ridiculous race-going variant of one of their road-going models. They aren’t street legal but they look like they could be. They build the cars, sell them, and offer track days to go with ownership. This car is eligible for Ferrari track events all over the world.

The 599XX is the balls-to-the-wall track variant of the 599 GTB Fiorano. This version was produced for 2009 and 2010 while the Fiorano was built from 2006 through 2012. In 2011 Ferrari would up the stakes even more by offering an “Evolution” package for the 599XX. But let’s stick with what we’ve got.

And what we’ve got is the 6.0-liter V-12 with horsepower upped to 720. Ferrari threw everything they had at this car to make it faster around the track. It was faster around the Nürburgring than the Enzo and faster around Ferrari’s test track than super-Enzo: the FXX. It was about as fast as Ferrari’s Formula One lap record at the Nürburgring from the 1970s.

This car is eligible for the Evo upgrade and is a one owner car that has seen a track only once. In fact, it has been stored at the Maranello factory its entire life. It is one of only 29 built and it’s basically brand new. The brand new price for a 599XX in 2010? $1,500,000.  The pre-sale estimate? $1,000,000-$1,400,000. Click here for more info and here for more from RM in Italy.

Update: Sold $1,193,920.