Leake Auctions, Oklahoma City, February 22-24, 2018

With $6.6 million in sales, a 72.4% sale rate and a $308,000 top sale (for a 2008 Mercedes SLR McLaren) Leake’s annual stop in Oklahoma City had a reduced consignment dictated by their change to a single lane but produced a total sale comparable with prior double-lane auctions.

Seemingly routine in presentation, this may be the most significant routine collector car auction since Sotheby’s bought into RM Auctions a few years ago.

That’s because this is the first Leake sale following the company’s acquisition in January by Ritchie Bros. Auctioneers. In case that name is unfamiliar, Ritchie Bros. Auctioneers is the top auctioneer for yellow iron (i.e.,. construction equipment) in the world, a NYSE- and Toronto-listed public company based in Burnaby, B.C., Canada. Last year they and their subsidiaries, including IronPlanet and Kruse Energy among others, moved $5 billion in such assets. The company has 44 physical auction locations worldwide.

During Leake’s OK City auction weekend Ritchie Bros. held its annual Orlando sale (something like the Scottsdale of yellow iron), shifting over 12,500 lots to 13,350 bidders from 90 countries with $278 million changing hands. 44% of it went to online bidders. 20% was sold outside the U.S.

In other words, Ritchie Bros. is a powerhouse of organization, resources and technology that seems, both in terms of experience and management, to be much different from eBay’s dot com bubble-fueled, ill-fated acquisition of Kruse International two decades ago. IronPlanet’s success in effecting collector car auction internet transactions has been demonstrated at Leake, producing 2-3 times the internet transactions of Leake’s prior internet bidding vendor.

A lot has to be done to leverage Leake Auctions, one of the pioneers in collector car auctions, into a meaningful counterpart of Ritchie Bros. construction, farm and oil field equipment auctions, but they have the fulcrum upon which to pivot the lever.

Particularly impressive are the technical capabilities provided by IronPlanet and Xcira (live internet video) that give the Ritchie Bros./Leake combination an unusually rich set of skills for making internet bidding more engaging and effective.

It promises to be interesting to watch.

 

Year Cars Sold/ Offered Sale % Average Sale Median Sale Total $
2018 252/348 72.4% $26,241 $18,700

[71.3%]

$6,612,705

We have no data from Leake OKC 2017 and 2016.

The 54 vehicles that follow were reviewed on-site in OKC by Andrew Newton; final comments and edits are my responsibility.

They are sorted by Marque, Model, Body and Year.

Lot # 464 2001 Aston Martin DB7 Vantage Coupe; S/N SCFAB223X1K301383; Silver/Brown, Beige leather; Unrestored original, 2 condition; Hammered Sold at $34,500 plus commission of 10.00%; Final Price $37,950. No Reserve. – Heated seats, Alpine CD stereo, wood dash and console trim. – One-owner car. The windshield is delaminating at the bottom right corner, and there are a few light scratches on the rear bumper, but otherwise the car shows no wear, not even on the seats. The odometer shows 10,369 miles and there is nothing about it that suggests that isn’t all it’s covered. – Although it cost over 140 grand when it was new, this result is roughly appropriate in the current DB7 market, which means that these cars are cheap enough to lure away the occasional used Corvette buyer looking for something a little more exciting.

Lot # 412 2003 Aston Martin DB7 Vantage Volante; S/N SCFAB42333K403607; Silver/Black, Tan leather; Black top; Unrestored original, 2 condition; Hammered Sold at $40,000 plus commission of 10.00%; Final Price $44,000. With Reserve. – Heated seats, wood dash trim. – Showing 20,612 miles and looks like a new car apart from very light wear to the seats. – A fair price in today’s DB7 market. It seems like a temptingly low price until the inevitable first trip to the shop.

Lot # 466 2003 Aston Martin Vanquish Coupe; S/N SCFAC23393B500844; Silver/Black leather; Unrestored original, 2 condition; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000. No Reserve. – Pilot Sport tires, dash clock. – One-owner car. Presents like new. Showing 9,137 miles. – The early Vanquish is still squarely in used exotic territory, meaning it’s worth nowhere near what it cost new. The MSRP was well over 200 grand back when it was new and starring in the Bond film Die Another Day. These days, less than half that seems to be the norm with this $50,000 result at the lower end of things and a good value.

Lot # 587 1960 Austin-Healey Sprite Mk I Bugeye Convertible; S/N 24459; Red/Black piped in White; Older restoration, 2- condition; Not sold at Hammer bid of $18,750 plus commission of; Final Price $18,750. With Reserve. – Hub caps, whitewalls, wood shift knob, AM radio. – All correct with 948 engine, drum brakes and steel nose. Good older paint with some detail scratches. The doors open only with great difficulty and the handles are loose. Very good fully restored interior. Restored underneath. Older tires. A sound older restoration done correctly, but starting to show its age. Still as charming as ever, though. – It’s unusual to find a Bugeye that has both been fully restored and retains all its correct bits (many have 1275 engines, disc brakes, alloy wheels, etc.). The consignor was probably hoping for 20 grand or more, but this car wasn’t restored yesterday and the reported high bid was fair. Having last changed hands just 3 months ago at Leake’s Dallas auction for $22,000, the seller experienced the vagaries of time and place, and has unrealistic expectations of a profit.

Lot # 241 1993 Cadillac Allante Convertible, Body by Pininfarina; S/N 1G6VS3397PU128964; Polo Green/Tan leather; Unrestored original, 3+ condition; Hammered Sold at $7,900 plus commission of 10.00%; Final Price $8,690. With Reserve. – Michelin Defender tires, wheel covers, power windows, climate control, power seats. – Slightly dull original paint with some chips on the nose. Slightly dirty top. Barely any wear to the interior, but there is a faint cigarette smell that will likely never go away. Showing 28,023 miles. – Still just about the cheapest way to be able to say your car has a Pininfarina body. This one sold for $4,950 at Leake Tulsa last year, so this looks like a successful flip even though the price here isn’t out of the ordinary.

Lot # 463 1976 Cadillac Eldorado Convertible; S/N 6L67S6Q118631; White/Light Gray leather; Visually maintained, largely original, 2- condition; Hammered Sold at $35,000 plus commission of 10.00%; Final Price $38,500. No Reserve. – Wheel covers, narrow whitewalls, power windows, boot cover, pushbutton radio, climate control, cruise control, power seat. – Very good maintained and cleaned up but not fully restored engine bay. Good newer front bumper. The boot cover is a little discolored. Good older paint. Like new original interior. The 319 miles showing are not represented as actual. Not a showroom/time warp car, but very good and essentially presents like new. – Such a well-kept car as this may seem special, but the ’76 Eldorado was widely believed to be ‘the last American convertible,’ and many people snatched them up as instant collectibles, so there are plenty of good ones out there. This was strong money for an attractive but imperfect example.

Lot # 139 1954 Chevrolet Bel Air 4-Dr. Sedan; S/N C54A052500; Black/Gray vinyl with cloth inserts; Visually maintained, largely original, 3- condition; Hammered Sold at $9,250 plus commission of 10.00%; Final Price $10,175. With Reserve. – Wheel covers, whitewalls, hood ornament, dash clock, Blue Flame six, Powerglide. – Rough original paint, but presentable. Beat up wheel covers. Dull brightwork. New seats, but the rest of the interior is original and aged, and there is some discoloration on the headliner. Dirty but sound underneath. An almost totally original Bel Air that you could technically enjoy as-is, but it’s a solid basis for a straightforward restoration or even a tasteful resto-mod. – Cars like this offer 1950s style at a much more reasonable price than the Tri-Five Chevys, not that there isn’t good reason for that. This car hammered not sold at a $7,500 high bid at Leake Tulsa in 2013 and has apparently seen some minor work since then. This was a straightforward and reasonable price for its current condition, but definitely not a steal.

Lot # 292 1971 Chevrolet C10 Stepside Pickup; S/N CE141A613883; Green, White/Green vinyl; Truck restoration, 2- condition; Hammered Sold at $25,550 plus commission of 10.00%; Final Price $28,105. With Reserve. – 350/250hp, automatic, trim rings, armrest with cupholders, aftermarket steering wheel, column shift, woodgrain dash. – Shiny and fresh but truck quality paint. Two small touch ups on the nose. The grille is lightly scratched up. Good chrome. Restored underneath. Some light surface rust on the wheels. Very good interior. A solid truck quality restoration. – Sold for $24,200 at Mecum’s Kansas City sale in December 2016, fourteen months ago. The $1,350 more it brought on the hammer here won’t cover the seller’s commission but is a modest price for a year’s enjoyment.

Lot # 281 1991 Chevrolet Camaro RS Convertible; S/N 1G1FP33E4ML189991; White/Red; Unrestored original, 3+ condition; Not sold at Hammer bid of $7,500 plus commission of; Final Price $7,500. With Reserve. – 305/170hp, 5-speed, power windows, air conditioning, JVC CD stereo. – Chips and cracks at the bottom of the nose. A handful of scattered chips in the rest of the body. Tons of cracks on the rear bumper. The interior is mostly clean and very well kept, although the seats show wear and creasing that correspond with the 77,664 miles on the odometer. Better than most, but still a driver. – The ’91 RS convertible is relatively rare in the world of third gen Camaros, but that doesn’t necessarily make them valuable. The reported high bid here was perfectly reasonable for a car with significant mileage and in this condition.

Lot # 560 1969 Chevrolet Camaro Z/28 2-Dr. Hardtop; S/N 124379N691584; Fathom Green, White stripes/Green vinyl; Older restoration, 2- condition; Hammered Sold at $46,000 plus commission of 10.00%; Final Price $50,600. With Reserve. – 302/290hp, 4-speed, Rally wheels, Radial T/A tires, power brakes, tinted glass, tilt steering column, cowl induction hood, console, Hurst shifter, dash clock, radio delete. – Replacement engine. Tidy and restored but lightly used engine bay. Very good paint and chrome. Small blister on the right A-pillar. Factory gaps. Restored and lightly used underneath. Very good restored interior. Done a while ago to like-new standards and showing light signs of age. – This is an immense discount for the replacement engine in an otherwise attractively and competently restored ’69 Z/28 and a serious value to the new owner who is easily $20,000 under the money.

Lot # 284 1981 Chevrolet Camaro Z/28 Sport Coupe; S/N 1G1AP87L6BL112827; Blue/Blue vinyl, cloth; Unrestored original, 2- condition; Hammered Sold at $13,000 plus commission of 10.00%; Final Price $14,300. With Reserve. – 350/175hp, automatic, T-tops, air conditioning, power windows, Alpine stereo. – Tidy maintained engine bay. Delaminating windshield. Good original paint. Good interior. Pitting on the seat belt buckles. Showing 59,387 miles but looks like a car with far fewer. – A solid buy for a car to casually cruise in. Given that it has T-tops, it could have sold for over 15 grand without being expensive.

Lot # 448 1966 Chevrolet Chevelle Malibu Convertible; S/N 136676K126247; Regal Red/Black vinyl; Black vinyl top; Enthusiast restoration, 3 condition; Hammered Sold at $25,000 plus commission of 10.00%; Final Price $27,500. With Reserve. – 327/275hp, automatic, Rally wheels, Radial T/A tires, factory air conditioning, power steering, power top, bench seat, column shift, factory radio. – Paint prep issues on the trunk lid and hood, plus light orange peel on other parts of the body. Tidy and restored but lightly used underneath. Uneven hood gaps. Good upholstery. Good newer top. Original dash and instruments. Not a bad car, but enthusiast restoration work and someone should really try again on the paint. – The bidders accurately discounted the inherent desirability of the 275 horse Malibu convertible to take into account the amateurish presentation. With some competent professional attention some of its shortcomings car be minimized, but never completely eliminated and the price it brought reflects that.

Lot # 475 1971 Chevrolet Chevelle SS 2-Dr. Hardtop; S/N 136371R107587; Burnt Orange, Black stripes/Black vinyl; Modified restoration, 2- condition; Hammered Sold at $39,500 plus commission of 10.00%; Final Price $43,450. With Reserve. – Hood pins, Radial T/A tires, power steering, power brakes, Flowmaster headers, bucket seats, Hurst shifter, console, factory radio. – Currently has a 427 but represented as having been built as an LS5 454 originally. Factory gaps. Some paint blisters on the tail. Older mostly restored engine bay. Good chrome. Very good restored interior. A solid but imperfect older restored example. – Appropriately discounted for the engine swap, this car offers a lot of style and performance for the money even if (and partly because) it may put off the purists. For the right, engine-focused, buyer this is a showpiece that will send chills up the spines of onlookers when the hood is opened.

Lot # 459 1956 Chevrolet Corvette Convertible; S/N E56S003355; Arctic Blue, Silver coves/Beige vinyl; Visually maintained, largely original, 3 condition; Not sold at Hammer bid of $63,000 plus commission of; Final Price $63,000. With Reserve. – 265/225hp, dual quads, Powerglide, spinner wheel covers, dual quads, 45-player. – Soft top only. Dull chrome and brightwork. Decent older paint with a handful of chips throughout. Tired original engine bay. Good original interior other than a small rip in the driver’s seat. No history represented. The 45-player is neat and the dual quads are desirable, but this is an unremarkable car for the most part and that record player looks like it doesn’t actually work. – A perfectly fair offer for a driver quality car, and why the high bid wasn’t taken is a mystery.

Lot # 584 1966 Chevrolet Corvette Convertible; S/N 194676S121712; Mosport Green/Dark Green vinyl; Green vinyl top; Older restoration, 2- condition; Not sold at Hammer bid of $42,000 plus commission of; Final Price $42,000. With Reserve. – 327/300hp. 4-speed, centerlock wheels, gold line tires, side exhaust, aftermarket cassette stereo, factory air conditioning, power steering, power brakes. – Great equipment other than the base engine, which is also a replacement. Very good fresh paint and chrome. Clean underbody. Clean engine bay aside from a little dirt and older exhaust manifold. Uneven gaps. Very good new top. Very good fully restored interior. No word about NCRS or Bloomington Gold. Fully redone in attractive colors and looks great. Certainly good enough to enjoy and be proud of, but not perfect. – Sold for $56,100 at Leake OKC in 2016. While this car is in great condition and has desirable equipment at first glance, what’s under the hood is a disappointment and the bidders seem to have struck a balance on its value with two fairly consistent results. It is a usable driver, and this is a fair offer for it

Lot # 485 1967 Chevrolet Corvette 427/435 Convertible; S/N 194677S119449; Rally Red, Black stinger/Black vinyl; White top; Older restoration, 2- condition; Not sold at Hammer bid of $85,000 plus commission of; Final Price $85,000. With Reserve. – 427/435hp L71,4-speed, turbine wheels, red line tires, side exhaust. – Represented as matching numbers. Tidy but not immaculate engine bay with factory overspray. Good older paint. Lightly scratched exhaust surround. Lightly scratched windshield frame. Crack on the passenger’s door. Good newer seats and carpets. Sound original gauges and switchgear. Not a show car and not as good as many of the L71 convertibles out there, but more than good enough for someone who wants one to drive and enjoy. – An unlucky couple of auction outings for this car, which also hammered not sold at a $110,000 high bid at Mecum Las Vegas last year. It deserves more, and might get it at a different venue. In the meantime it’s going nowhere, except another auction.

Lot # 469 1968 Chevrolet Corvette 427/435 Convertible; S/N 194678S413499; Cordovan Maroon/Black vinyl; Black vinyl top; Older restoration, 2- condition; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000. With Reserve. – 427/435hp L71, 4-speed, Radial T/A tires, wood steering wheel, factory radio. – Engine number not readable but represented as matching. Very good lightly used engine bay. Good older paint. Very good new top. Good restored interior. Restored and has desirable equipment, but not done yesterday. – Appropriately sold given the age of its restoration and the paucity of documentation but still a desirable, satisfying and enjoyable Corvette.

Lot # 519 1996 Chevrolet Corvette Grand Sport Coupe; S/N 1G1YY2254T5600567; Admiral Blue, White/Black leather; Unrestored original, 2- condition; Not sold at Hammer bid of $38,000 plus commission of; Final Price $38,000. With Reserve. – 350/330hp, 6-speed, power seats, CD stereo. – Represented with 9,204 miles. Has some light detail scratches and some light wear to the seats. Still a great and well-kept car, but that makes it worse than most other GSs out there, which tend to be showroom fresh. – The 1996 Grand Sport is one of the few variants to become truly collectible out of the entire fourth generation of Corvette, with prime examples sometimes selling for more than 40 grand. This one, with some miles and some wear, could have sold at the reported high bid.

Lot # 161 1978 Chevrolet Corvette Pace Car Coupe; S/N 1787L8S904005; Black, Silver/Silver; Unrestored original, 3 condition; Hammered Sold at $15,500 plus commission of 10.00%; Final Price $17,050. With Reserve. – 350/185hp, automatic, Radial T/A tires, mirrored T-tops, power windows, air conditioning, 8-track stereo. – Rough paint with significant crazing and the decals on the hood are very faded. Some of the screws and fasteners around the T-tops are rusty. Mostly good original interior. Scratches around the filler cap. The engine bay is slightly dirty. Showing 19,214 miles, but looks worse than the mileage would suggest. The standard for these ’78 Pace Cars is pretty high since so many were put away as instant collectibles. This one is therefore pretty rough, but it does come with a case of cassettes, so there’s that. – Collectors looking for a ’78 Pace Car are going to want a good one, so this one didn’t get much love on the block and the seller was realistic enough to let it go at a low price.

Lot # 265 1978 Chevrolet Corvette Silver Anniversary Coupe; S/N 1Z87L8S414316; Silver, Gray/Oyster vinyl, cloth; Unrestored original, 2- condition; Hammered Sold at $12,000 plus commission of 10.00%; Final Price $13,200. No Reserve. – Air conditioning, CB radio, power windows. – Tidy but used engine bay. Good, clean wheels. Very good paint aside from a small crack on the left front fender. Lots of wear on the steering wheel, but mostly very good original interior. Showing 52,102 miles, but looks like a car with far fewer. Even so, it’s used. – When this car was driven up onto the block, the driver nearly put the right front wheel off the ramp, then overcorrected when driving away and nearly put the left front wheel off. It was entertaining and alarming, but it seems like it distracted the bidders from actually putting their paddles up. Either way, this was a bargain price for a perfectly good Silver Anniversary C3.

Lot # 534 1994 Chevrolet Corvette ZR-1 Coupe; S/N 1G1YZ22J2R5800267; White/Saddle leather; Unrestored original, 2- condition; Hammered Sold at $21,000 plus commission of 10.00%; Final Price $23,100. With Reserve. – Goodyear Eagle tires, CD stereo, tinted glass. – Undisclosed mileage, but represented with NCRS Top Flight and Crossed Flags preservation award. Light wrinkling on the seat. A few small cracks in the weather stripping. Looks like a very well kept low-mile ZR-1 with great paint, interior and underbody. – There are two kinds of C-4 ZR-1s: Those that were put away new as instant collectibles; and those that joined other enthusiastic ZR-1 owners in experiencing their exhilarating performance on tours. It is more than arguable that the latter, with continuous we and meticulous maintenance, are the ones to have. This ZR-1 appears to be one of the latter, a loved, maintained and driven car that has never been left to languish for years in ‘climate controlled storage.’ It brought a realistic price and the new owner should be pleased.

Lot # 446 1964 Chevrolet Impala SS 2-Dr. Hardtop; S/N 41447R121371; Ermine White/Red vinyl; Older restoration, 2- condition; Hammered Sold at $29,500 plus commission of 10.00%; Final Price $32,450. With Reserve. – 409/425hp, 4-speed, wheel covers, red line tires, floor shift, tach, Positraction, bucket seats, power steering, power brakes, tilt steering column. – Good older paint and chrome. Lightly worn seats. Slightly uneven gaps. Good lightly used restored engine bay. Rear seat speaker. Good older restoration with desirable equipment, although none of it is represented as original. – Without documentation back to day one the configuration of a 60’s Chevy is a cipher and what you see is what you get. What the buyer here got is a delightful car for not a lot of money, a sound, even exceptional, value.

Lot # 165 1969 Chevrolet K10 Fleetside Pickup 4×4; S/N KE139Z839552; Orange/Black vinyl; Enthusiast restoration, 3 condition; Hammered Sold at $17,000 plus commission of 10.00%; Final Price $18,700. With Reserve. – 350/255hp, 4-speed, side exhaust, trim rings, off-road tires, sports steering wheel, spray-in bed liner, heater, floor shift, Stewart Warner underdash gauges. – Dirty but maintained engine bay. Average quality newer paint. Lightly scratched grille frame. Tidy frame. Dirty bed. Good newer dash and upholstery. Money has been spent on this truck, but the work has been done intermittently and not to great standards. A driver. – Inconclusively peddled at Branson Fall and Leake Dallas last year on bids of $16,000 and $14,000, after being reported sold at Mecum Dallas in September for $17,600, the result here confirms that there has been little movement in the market recently.

Lot # 217 1975 Chevrolet Vega Cosworth Coupe; S/N 1V77E5U274601; Black, Gold/Black vinyl; Unrestored original, 3+ condition; Not sold at Hammer bid of $14,500 plus commission of; Final Price $14,500. With Reserve. – Aftermarket exhaust. – Showing 22,530 miles. Tidy original engine bay. Dull bumpers. Faded, lightly crazed original paint. Chips on the left front fender. Very well kept original interior. Lightly used and well cared for, although not perfect. – The interesting although somewhat compromised product of a rare deal between Cosworth and GM, the Cosworth Vega has pretty much always been affordable, although some strong auction results in recent years have brought prices up noticeably. Even so, the reported high bid here was acceptable and could have been taken. It was brought back across the block later as lot # 591 and reported bid to $17,000, a really acceptable bid.

Lot # 555 1959 Chrysler 300E 2-Dr. Hardtop; S/N M591100657; White, Red grille/Blue leather; Unrestored original, 3 condition; Hammered Sold at $59,000 plus commission of 10.00%; Final Price $64,900. With Reserve. – 413/380hp, dual quads, wire wheels, whitewalls, dual mirrors, pushbutton automatic, pushbutton radio, armrest, power steering, power brakes, power windows, power swivel seats, air conditioning. – Special order interior. Factory wheel covers in the trunk. Grubby unrestored but complete and maintained engine bay. Very faded but presentable original paint and chrome. Lightly wrinkled but quite good original upholstery. Tidy underbody. Arguably a good enough Letter car to enjoy as-is, but it would make for a fairly straightforward restoration. – This bid should have bought a better 300E than this. At this price restoration is not a reasonable proposition.

Lot # 905 1969 Dodge Charger Daytona 2-Dr. Hardtop; S/N XX29L9B410786; White, Red/Red vinyl; Modified restoration, 2- condition; Hammered Sold at $220,000 plus commission of 10.00%; Final Price $242,000. With Reserve. – 426/425hp Hemi but built as a 440/375hp Magnum, 4-speed, red line tires, hood pins, Hurst shifter, Tic-Toc-Tach, Super Track Pack, 3.54 Sure Grip, power steering, power brakes, factory radio. – Lightly used restored engine bay. Very good paint and brightwork. The doors stick out slightly at the bottom. Very good restored interior. Desirable equipment and not much to pick on, although these aren’t the best colors, or the original drivetrain. – Sold at Russo and Steele in Scottsdale in 2011 for a paltry $8,250 then reappeared in its present Hemi fake form at Mecum Indy in 2017 where it sold for $247,500. It’s not as good now as we thought it was nine months ago, or maybe we’re just more critical, but in any event this is a reasonable price.

Lot # 492 2001 Ferrari 360 Modena Challenge Coupe; S/N ZFFYR51B000123526; Yellow/Red; Unrestored original, 2- condition; Hammered Sold at $49,000 plus commission of 10.00%; Final Price $53,900. No Reserve. – BBS wheels, competition seats, Sabelt harnesses, fire system. – Some nicks and scratches on the windshield, but none on the nose. Small scrape on the passenger’s side door. The filler cap is scratched up. Chip on the driver’s mirror. Raced in the Ferrari Challenge Series during the 2003-04 season. Some light wear from on-track driving, but definitely still usable as a track toy. – This is a lot of Ferrari for the money, more performance than a comparable price Porsche.

Lot # 477 1990 Ferrari Testarossa Coupe; S/N ZFFSG17A1L0087289; Giallo Midas/Nero leather; Unrestored original, 3+ condition; Hammered Sold at $110,000 plus commission of 10.00%; Final Price $121,000. With Reserve. – Momo steering wheel, power windows, air conditioning. – The plastic cover from the driver’s seat belt buckle is missing. Represented with a major service, but no date or details. Showing 11,870 miles. A handful of chips in the mirrors, a blemish in the right side of the tail, and cracks on some of the side strakes. Big crack in the rear glass. For a Ferrari with mileage this low, it really should be better. – This price is perhaps influenced by the Midas color. If it’s not, it is wholly unreasonable for the condition of this Testarossa.

Lot # 173 1974 Ford Bronco Wagon 4×4; S/N U15GLS96775; Brown, White/White vinyl; Unrestored original, 4+ condition; Hammered Sold at $20,000 plus commission of 10.00%; Final Price $22,000. With Reserve. – 302/145hp, 3-speed, aftermarket wheels, Cooper tires, rear-mounted spare with vinyl cover, dual mirrors, floor shift, aftermarket cassette stereo. – The original paint is too rough and faded to note all the flaws, but it has a nice patina to it, depending on who you ask. Big crack down the center of the windshield. All the glass and window gaskets are rough. The interior is complete but rough and beat up. Newer exhaust and shocks, but otherwise original and oxidized frame. Rough and worn out, this is what lots of old Broncos looked like before they started to get collectible. It’s a little too rough to enjoy as-is, but might be cool to restore it mechanically and keep the charming patina on top. – At this price, though, the owner doesn’t have a whole lot of room to do much in the way of improvements or restoration. It is an expensive beater.

Lot # 197 1968 Ford Fairlane 500 Convertible; S/N 8H36F116933; Red/Black; Enthusiast restoration, 3 condition; Hammered Sold at $11,750 plus commission of 10.00%; Final Price $12,925. With Reserve. – 302/210hp, automatic, Magnum 500 wheels, Radial T/A tires, power steering, Flowmaster mufflers, power top, black vinyl boot cover, bench seat, column shift, factory radio. – Original windshield with scratched up frame. Original faded bumpers and brightwork. Erratic gaps. Good older repaint. Good upholstery, but the rest of the interior is original and aged. Undercoated chassis and new exhaust. Tidy mostly restored engine bay. Presentable, but lots of corners were cut and the powertrain isn’t boring. – While it may not light up the tires, this car is a perfectly good and attractive cruiser, and it’s hard to argue with this temptingly low price. A solid buy.

Lot # 517 1958 Ford Fairlane 500 Skyliner Retractable Hardtop; S/N G8RW150690; Sun Gold, Grey roof/Yellow vinyl with Grey cloth inserts; Cosmetic restoration, 3+ condition; Hammered Sold at $26,000 plus commission of 10.00%; Final Price $28,600. With Reserve. – 332/265hp, 3-speed, wheel covers, whitewalls, dual mirrors, factory radio, dash clock, power steering, power brakes, power windows. – Very clean, hardly used fresh engine bay. The chrome and brightwork are dull and lightly scratched. Good older paint. Uneven gaps. Delaminating windshield. Good interior that is original other than newer seats and carpets. Attractive colors and mostly well presented, but essentially just a pretty driver. – This Skyliner is better than the money it brought, enough to be a good value, but not a bargain.

Lot # 259 1968 Ford Mustang Convertible; S/N 8F03J110439; Candy Apple Red/Black vinyl; White vinyl top; Enthusiast restoration, 3 condition; Hammered Sold at $18,500 plus commission of 10.00%; Final Price $20,350. No Reserve. – 302/230hp, automatic, Magnum 500 wheels, Radial T/A tires, luggage rack, floor shift, sports steering wheel, Sunpro column-mounted tach, power steering. – Cheap respray with lots of chips and touch ups on the nose. Tired chrome. Factory gaps. Very good newer top. Good interior with newer seats and carpets but everything else is original and lightly aged. Restored and lightly used underneath. A driver that would look a whole lot better if it got a proper paint job. – A driver bought for driver money, and at this price the new owner has a little money left over for a much-needed paint job.

Lot # 226 2001 Ford Mustang Cobra SVT Convertible; S/N 1FAFP46V91F222895; Red/Brown leather with Beige suede inserts; Tan vinyl top; Unrestored original, 3+ condition; Hammered Sold at $7,800 plus commission of 10.00%; Final Price $8,580. With Reserve. – 281/320hp, 5-speed, SVT wheels, rear spoiler, tinted glass, Pioneer CD stereo, power windows, air conditioning. – Fairly dull original paint. Surface rust on the brakes. Some oxidation on the underbody. A few touch ups on the passenger’s side of the body. Visibly worn driver’s seat but mostly good interior. Undisclosed mileage and just a used car. – In unremarkable condition but sold for a pretty temptingly low price given the amount of performance on offer.

Lot # 123 2004 Ford Mustang Mach 1 Coupe; S/N 1FAFP42R34F173741; Yellow, Black/Black; Unrestored original, 3+ condition; Hammered Sold at $8,500 plus commission of 10.00%; Final Price $9,350. With Reserve. – 281/305hp, 6-speed, Shaker hood, rear spoiler, tinted glass, power windows, air conditioning, handling package, CD stereo. – Has smoked taillights and custom tint. The paint isn’t very well kept. Light wear to the interior. Light curb rash on the wheel. A used Mustang showing 71,229 miles. – Later fourth gen Mustangs, even the special models like the Mach 1, haven’t yet gained much traction in the collector car market, and when they do it will be the well kept low-mileage examples that get people’s attention. The price for this used one was on the low side, but it’s unlikely to command much more money in the near future. It is likely to be so much fun to drive, though, that the new owner won’t care.

Lot # 467 1947 Ford Super Deluxe Station Wagon; S/N 799A1954555; Light Blue, Wood/Brown leather; Visually maintained, largely original, 3 condition; Hammered Sold at $46,000 plus commission of 10.00%; Final Price $50,600. No Reserve. – Hub caps and trim rings, bench seat, column shift, dash clock, factory radio, dual mirrors, rear-mounted spare. – The original wood is pretty rough with some cracking and old varnish. Small crack in the left rear wheel. Dull older repaint. Clean partially restored engine bay. Some restoration work in the interior including the seats but it is mostly original. Maintained but unrestored underbody. A charming old Ford with a forest’s worth of wood (including wood headliner), but a driver. – Charismatic to a fault, there are glorious fastidiously restored old Ford Woodie wagons and just a few old drivers like this left. Give it the polish, wood and varnish attention it cries out for and use it for beach runs at this highly reasonable price.

Lot # 474 1956 Ford Thunderbird Convertible; S/N P6FH281163; Peacock Blue/Peacock Blue; Enthusiast restoration, 3 condition; Hammered Sold at $33,000 plus commission of 10.00%; Final Price $36,300. With Reserve. – 312/225hp, automatic, Wire wheels covers, whitewalls, fender skirts, Continental kit, heat/defrost, Town & Country radio. – Tidy, mostly restored engine bay. Good average quality older paint and chrome. A few chips at the back edges of the doors, which both stick out at the bottom. Discoloration on the top of the seat, which is lightly worn as well. Tired original dash and switchgear. A presentable enthusiast restoration that will get attention and thumbs up on the road, but has its issues. – This is a sound driver at a strong price.

Lot # 157 1969 International (IHC) Scout 800A Sportop Utility; S/N 711908G321336; Bahama Blue, White/Tan vinyl; Truck restoration, 3 condition; Not sold at Hammer bid of $16,000 plus commission of; Final Price $16,000. With Reserve. – 152/93hp four cylinder, wheel covers, bucket seats, factory pushbutton radio, bucket seats. – Single family ownership. Cheap but presentable single repaint. Original bumpers and brightwork. Original and unrestored but tidy underneath. Good newer upholstery and door handles. The rest of the interior is original. Uneven gaps. Basic in both its equipment and condition, but good enough to enjoy. – As the similar early Ford Bronco and Chevy Blazer have seen their values skyrocket, Scouts have lagged behind a bit in large part because they don’t have the brand recognition and parts are much harder to find. This one probably should have gone to a new home at this price, but the seller’s reluctance is understandable considering it got lucky on the auction block twice with excessive prices in the past year, selling for $23,100 at Barrett-Jackson Palm Beach and then again for $20,350 at Mecum Kissimmee back in January.

Lot # 148 1949 Lincoln Cosmopolitan Town Sedan; S/N 9EH035558; Gray/Gray cloth; Visually maintained, largely original, 4 condition; Hammered Sold at $5,250 plus commission of 10.00%; Final Price $5,775. With Reserve. – 3-speed, wheel covers, whitewalls, hood ornament, power seat, power windows, factory radio, heat/defrost, suicide rear doors. – Rough older repaint. Beat up and scratched bumpers and brightwork. Dirty old tires. Uneven gaps. Decent original interior. Oxidized underneath and pretty dirty, but no major rot. Well-equipped for 1949 and inherently a neat car, but a project. – A project car bought for project car money.

Lot # 491 2008 Mercedes-Benz SLR McLaren Convertible; S/N WDDAK76F58M001741; Crystal Laurite Silver/Red semi-aniline leather; Unrestored original, 2 condition; Hammered Sold at $280,000 plus commission of 10.00%; Final Price $308,000. No Reserve. – Carbon-ceramic brakes, air brake, Michelin Pilot Sport tires. – Showing 6,705 miles and presents like a new car. – Sold at no reserve at a venue that was never likely to give it top dollar. These cars are currently sitting below their original half-million dollar purchase prices, unlike hypercar peers of the period like the Porsche Carrera GT and Ferrari Enzo.

Lot # 223 1965 Mercury Monterey Convertible; S/N 5Z45Y565731; Palomino Red/Red; White vinyl top; Older restoration, 2- condition; Not sold at Hammer bid of $20,000 plus commission of; Final Price $20,000. With Reserve. – 390/300hp, automatic, wheel covers, narrow whitewalls, power brakes, power steering, power top, bench seat, column shift, factory radio, rear seat speaker. – Very good fully restored engine bay. Lightly discolored top. Good older repaint. Original bumpers with a few dings and scratches on the front. Scratched up windshield frame. Newer upholstery. Mostly original dash. Restored and handsome, but done on a budget. – For a well-equipped and restored convertible model, the reported high bid was a lowball offer and refusing it was understandable. It came back for another try later and again came up short with a reported high bid of $20,000 as lot # 589.

Lot # 487 1932 Packard Standard Eight-Series 902 Coupe Roadster; S/N 509272; Cream, Tan/Black leather; Tan cloth top; Older restoration, 2- condition; Hammered Sold at $155,000 plus commission of 10.00%; Final Price $170,500. With Reserve. – Wire wheels, hub caps, rear-mounted spare, rumble seat, golf bag door, dual chrome horns, Trippe Speed Lights, wood shift knob, wood dash and window trim. – Light discoloration on the top. Light wrinkling to the seats. Discoloration on the tires. Tidy, lightly used engine bay. Very good blemish-free older paint. Too aged to be a show car, but still more than good enough to be proud of and use as a tour car. – Bid to $146,000 but not sold at Silver AZ this year. Bid to $135,000 on the block here, closed later with this realistic result.

Lot # 530 1970 Plymouth Road Runner 2-Dr. Hardtop; S/N RM21N0E125322; Army Green/Green vinyl; Enthusiast restoration, 3+ condition; Not sold at Hammer bid of $31,000 plus commission of; Final Price $31,000. With Reserve. – 383/335hp, 4-speed, narrow whitewalls, bench seat, Hurst pistol grip shifter, Tic-Toc-Tach, factory radio. – Some unevenness in the paint. The trunk and hood don’t match. Tidy engine bay. Good interior with newer seats but mostly original. Represented as matching numbers. Restored, but a driver. – The car does deserve more than the reported high bid, but at this price it will only take a few more auctions’ worth of fees and transport before it will stop making sense to hold out for more.

Lot # 291 1958 Plymouth Savoy Club Sedan; S/N LP2E81743; White, Pink roof/White, Black vinyl; Older restoration, 2- condition; Hammered Sold at $14,100 plus commission of 10.00%; Final Price $15,510. With Reserve. – 318/225hp, automatic, hub caps and trim rings, dual mirrors, tinted glass, pushbutton automatic, pushbutton radio, heater, front disc brakes. – Some orange peel behind the front bumper. Sound but older paint and chrome otherwise. Uneven gaps. The window tint is very dark and just doesn’t look right on a car like this. Very good interior. Light road wear underneath. A seldom seen car in pretty colors. Fully restored, but done a while ago and not exactly to show quality standards even then. – This is an ordinary but attractive car with good equipment although definitely odd with the dark window tint, something to avoid at auction. The bidders didn’t take to it and forced a not inconsequential discount of several thousand dollars on it as a result.

Lot # 472 1970 Pontiac Firebird Trans Am Coupe; S/N 228870L103098; Polar White, Blue stripe/Light Blue vinyl; Unrestored original, 2- condition; Not sold at Hammer bid of $55,000 plus commission of; Final Price $55,000. With Reserve. – 400/345hp, automatic, Rally wheels, Radial T/A tires, power steering, power brakes, factory air conditioning, Ram Air III, Safe-T-Track, power windows, Kenwood cassette stereo. – Represented as 81,692 actual miles. The paint on the blue stripe is crazed, as are the decals. There are a few chips on the front bumper, but the white part of the original paint is mostly very good. Excellent original interior. Some paint is coming off the block but the engine bay is complete and maintained. Not a time warp like-new car, but remarkably well kept and still too good to restore. – Given how well preserved this Ram Air III Trans Am is, it arguably deserves a price on the other side of 60 grand.

Lot # 252 1968 Pontiac GTO Convertible; S/N 242678P330494; Alpine Blue/Black vinyl; White vinyl top; Enthusiast restoration, 3+ condition; Hammered Sold at $29,500 plus commission of 10.00%; Final Price $32,450. No Reserve. – 400/350hp, automatic, Rally II wheels, Eagle ST tires, bucket seats, His and Hers shifter, console, factory radio, factory air conditioning, power steering, power brakes, tilt steering column. – Tidy, lightly used restored engine bay. Orange peel and chips on the front bumper. Small dent in the left front fender. Chips and blisters on the left rear fender and tail. Very good newer top. Good interior with newer seats and carpets but original otherwise. Scratched up window frames. Light road wear underneath. There is some rot at the very front of the dash. Has a lot of eyeball from a short distance, but definitely a driver and could stand a round of cosmetic work. – A fair price for what’s not all that exciting in either its equipment or condition but is still inherently handsome and would make a great weekend cruiser.

Lot # 179 1948 Pontiac Torpedo Deluxe Convertible Coupe; S/N F8PA2533; Light Yellow/Black leather, Beige cloth; Black cloth top; Visually maintained, largely original, 4+ condition; Hammered Sold at $22,500 plus commission of 10.00%; Final Price $24,750. With Reserve. – Wheel covers, whitewalls, hood ornament, fog lights, dual mirrors, fender skirts, pushbutton radio, dash clock. – Long crack all the way down the driver’s side window. Faded paint with lots of chips and scratches. Dull, scratched and lightly pitted chrome. Uneven gaps. Aged mostly original interior. Old tires. Grimy and unrestored underneath. Not a good car and deserving of restoration. Noteworthy only in that you rarely see Pontiacs of this vintage. – This old Pontiac is essentially the same as it was fifteen years ago in 2003 when it sold for $26,100 at Atlantic City, but in much more aged and neglected condition.

Lot # 481 1964 Porsche 356C 1600 Coupe; S/N 221444; Black/Black; Older restoration, 3+ condition; Hammered Sold at $61,000 plus commission of 10.00%; Final Price $67,100. No Reserve. – Luggage rack, gold brightwork, Becker Europa stereo. – Engine built to SC specs. Represented as a CA car since new and matching numbers. A few light chips on the front bumper. The bezels around the front marker lights are pitted. Very good interior. Light road wear underneath. Light scratches on the rear window frame. Attractive, but far from a show car. With extra pep from the upgraded engine, it would make a great event car as it sits. – A serious bargain for an imperfect but perfectly good late 356 coupe. It could have brought another 10 grand or more without being expensive.

Lot # 476 1980 Porsche 911 SC 3.0 Coupe; S/N 91A0142074; Bitter Chocolate/Beige; Visually maintained, largely original, 3+ condition; Hammered Sold at $36,000 plus commission of 10.00%; Final Price $39,600. With Reserve. – Body color Fuchs wheels, Falken tires, whale tail, sunroof, cruise control, power windows, air conditioning, Kenwood cassette stereo. – Average quality single repaint. Dirty engine bay. Lightly worn seats but mostly very good interior. Showing 35,788 miles. Good enough to be proud of, but not a stunner. In storage for many years and re-commissioned for sale. – A spot on result for an SC in this condition. There are more affordable ways to get a Porsche badge, but the SC is still just about the most economical way to get into a proper 911. The color is typical 80’s; some like it, some don’t and apparently Oklahoma City liked it.

Lot # 524 1927 Rolls-Royce Phantom I 4-Dr. Sedan Harwick, Body by Brewster; S/N S83PM; Black/Beige cloth; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $68,000 plus commission of; Final Price $68,000. With Reserve. – Painted wire wheels, Lester wide whitewalls, dual sidemount spares, suicide doors front and back, rear luggage rack, rear window curtains. – Engine rebuilt 500 miles ago but most of the components are unrestored and dirty. Rough old paint that is faded. Significant cracking on the rear. Dull brightwork. Replacement upholstery. The rest of the interior is mostly original and well-kept but it is 90 years old. Old discolored tires. A Springfield Rolls originally owned by the mayor of OKC. Not exactly a barn find, but still in need of a restoration. – Not original enough to preserve and too old and decrepit to use with any pride or confidence, and a closed sedan to boot. The offer here is reasonable for the coachwork and condition.

Lot # 479 1968 Shelby Mustang GT350H Fastback; S/N 8T02J14949101190; Lime Gold, White side stripe/Black vinyl; Modified restoration, 2- condition; Not sold at Hammer bid of $85,000 plus commission of; Final Price $85,000. With Reserve. – 302/250hp, automatic, MSD ignition, modern air conditioning, front coilovers, modern aluminum radiator, Moto-Lita steering wheel. – Quite a few upgrades but mostly tasteful stuff. There is a scratch on the nose and lightly pitted front bumper. Rusty screws holding on the mirrors. Factory gaps. Very good restored interior. Represented as matching numbers and one of 224 Hertz cars built for 1968. – The ’68 GT350H series were definitely not the rent a racers of a few years before. Hertz seemed to have learned its lesson The mystique, however, lingers and even these sedate cars command a premium. Even at that, this one should have gone away at the reported high bid.

Lot # 536 1982 Toyota FJ40V Land Cruiser 4×4; S/N FJ40356206; John Deere Green/Grey vinyl; Green cloth top; Recent restoration, 2 condition; Hammered Sold at $46,000 plus commission of 10.00%; Final Price $50,600. With Reserve. – Soft top, rear-mounted spare, aftermarket air conditioning, power brakes, power steering. – Spotless freshly painted chassis. Spotless new freshly rebuilt engine. Very good repaint. Good older soft top. New exhaust. Restored gauges, new upholstery. Finished recently and done to high standards by specialists. – A deservedly high price for a well and freshly restored late FJ, although it could have brought more given the relatively rare soft top body.

Lot # 277 1975 Triumph Spitfire 1500 Convertible; S/N FM33709U; White, Maroon stripes/Black vinyl; Maroon vinyl top; Enthusiast restoration, 3+ condition; Hammered Sold at $5,700 plus commission of 10.00%; Final Price $6,270. With Reserve. – Aftermarket exhaust, luggage rack, Panasonic cassette stereo. – Poor paint prep with orange peel, flecks and masking errors, but done recently enough to be presentable. Cracks at the edges of the hood and a big chip at the front of it. Decent newer top. Newer seats and some of the switchgear has been replaced, but the dash, steering wheel and gauges are original and the wood in the dash has the usual cracks. Restored underneath. A cute car that has gotten some attention, but far from perfect. – While not a great car, it’s pretty good for a Spitfire and despite having a reserve it brought a surprisingly low price and is a serious bargain in terms of fun per dollar.

Lot # 280 1969 Volkswagen Type 2 Station Wagon, 7-pass.; S/N 229131155; Light Blue, White/Black vinyl; Unrestored original, 4+ condition; Not sold at Hammer bid of $8,000 plus commission of; Final Price $8,000. With Reserve. – Hub caps. – Light rust all around the windshield. Lots of rub through and light surface rust brought the paint. Original upholstery with some light rips in the back. Wavy body sides. Dirty engine bay. Plenty of surface rust underneath. The front marker lenses don’t match and they are cracked. Just a scruffy old Transporter overall, but not without its charm. These later buses don’t command crazy money even when restored, at least compared to the early multi-window versions, so this would be a labor of love to restore. – And even at this modest price it is an uneconomic project.

Lot # 402 1946 Willys CJ-2A Jeep Universal; S/N 16392; Green/Black vinyl; Visually maintained, largely original, 4 condition; Hammered Sold at $5,100 plus commission of 10.00%; Final Price $5,610. No Reserve. – Go Devil 134 cid four, 3-speed, floor shift, replacement gauges, heater. – Gauges aren’t all correct. Represented with new heater, front ball joints and top. Grimy underneath. Terrible older paint. Scrape on the right rear with rust poking through. Decent newer upholstery. The rest is original. There aren’t many of these left and this one is charming, but it needs a full restoration. – It is nothing but remarkable that this Jeep survived a hard ranch or oil field life. It is still usable for its original utilitarian purpose but would make a rewarding restoration project at this price.

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