Los Angeles’s Petersen Museum was the site of a new RM Sotheby’s venue in early December 2018, the climax of a year where the RM group’s sales were re-branded and shuffled between RM Sotheby’s and RM Auction (successor to Auctions America.)
Based on the pre-sale announcement this sale seems to be positioned as a biennial event alternating with the biennial sales at Sotheby’s headquarters in New York City, much like the alternating Villa Erba/Monaco sales in Europe.
The top sale, amounting to 56% of the $39.3 million total, was Ferrari 290 MM s/n 0628, a car from Scuderia Ferrari’s epic years in the Fifties and Sixties, which brought $22,005,000.
The most notable sale, however, was a Honda Trail 70 minibike which brought a truly unprecedented $15,600, some six times its low estimate.
Due attention to the 290 MM is warranted, not only because it carried so much weight but also because in 2015 in New York RM Sotheby’s sold its sibling, s/n 0626, for $28,050,000, 27% more than 0628 this year. In the Fifties Ferrari employed a variety of chassis and drivetrains. 0628’s greatest success came when it was configured as an 860 Monza, only later getting the single overhead camshaft V12 which it has today. That success was in the 1956 Mille Miglia driven by Peter Collins with Louis Klemantaski navigating (and taking photos.) There it finished second overall to Eugenio Castellotti driving 290 MM s/n 0616.
0626 had one outright win to its credit, at Buenos Aires in 1957 where it was driven by Masten Gregory, Luigi Musso and Castellotti. It’s doubtful that single victory accounts for the $6 million difference in result, an increment more attributable to where the market has gone in three years.
Here are the numbers, with New York 2017 to compare:
|Year||Cars Sold/ Offered||Sale %||Sold < Low Est||Sold > High Est||Average Sale||Median Sale||Total $|
|6 lots sold on hammer bids of $1 million or more|
|RM Sotheby’s, New York, December 6, 2017|
|10 lots sold on hammer bids of $1 million or more|
Andrew Newton and Jose Martinez attended and wrote up nearly every vehicle, 55 of the 68 (including minibikes) offered. The report that follows is sorted by lot number.
Lot # 171 1927 Ford Model T Custom Track Nose Roadster, Body by Jack Thompson; S/N T14699024; Black/Red leather; Estimate $100,000 – $130,000; Modified restoration, 2 condition; No Reserve; Hammered Sold at $130,000 plus commission of 12.00%; Final Price $145,600. – Red wire wheels, Ford hydraulic brakes, Flathead engine with polished Navarro heads and three Stromberg intake, Porsche 356 steering wheel, Stewart Warner gauges, engine-turned dash, ’39 Ford taillights, aluminum hood and frame skirts with polished louvers, track-style nose with a totally ineffective nerf bar-grille guard, no fenders. – Very good, older paint, chrome and interior. Nothing is super fresh, but it doesn’t need anything either. Built originally by Jack Thompson in the ’50s and featured in Hot Rod Magazine in 1958. Upholstery by Tony Nancy and pinstriping by Art Summers. Restored and shown in the 1990s. – This is a truly sweet street rod, done professionally, with exquisite attention to detail but not turned into jewelry. It has a marvelous history and brought an enthusiastic but not excessive price.
Lot # 172 1941 Mercury 19A Custom Sedanca, Body by Coachcraft; S/N 99A314034; Silver/Dark Blue leather; Estimate $250,000 – $350,000; Modified restoration, 2 condition; With Reserve; Hammered Sold at $225,000 plus commission of 12.00%; Final Price $252,000. – Wheel covers, whitewalls, fender skirts, 3-position removable roof, column shift, 1941 Mercury Flathead V-8 with Eddie Meyer high-compression heads, Fenton headers and two Stromberg carburetors on an Eddie Meyer intake, beehive oil filter. – Shown at Amelia Island. Very good paint and chrome other than a small scratch on the left rear fender. The door and trunk gaps aren’t quite even. Excellent fully redone interior. A well known historic custom, built by Coachcraft for Peter Stengel in period, then restored to high standards and looking fantastic. – A remarkable exercise to make a ’41 Ford look like a customized Lincoln Continental with superb design, engineering and construction. A landmark custom bought for a landmark price at the Petersen, the right place for it.
Lot # 179 1964 Messerschmitt KR200 Cabriolet; S/N 80286; Engine # 3132131; Red/Black piped in Red; Black cloth top; Estimate $55,000 – $65,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $51,000 plus commission of 12.00%; Final Price $57,120. – Spinner wheel covers, whitewalls, dual mirrors, dash clock. – Represented as the last production model known to exist and the second-to-last one built. Good but not show quality paint and brightwork. Very good soft top. Very good restored interior. Redone to microcar standards and needs nothing, but not a concours car. – Back in 2013, this Kabinenroller was white and it sold for $46,000 at RM’s all-microcar auction out of the Bruce Weiner Microcar Museum (the RM microcar auction with the micro-catalog.) Messerschmitts are worth a little more than they were then, and this is a strong but not excessive price for a well-restored example.
Lot # 180 1979 MG Midget 1500 Convertible; S/N GAN6UL224806G; British Racing Green/Tan vinyl; Black vinyl top; Estimate $12,000 – $16,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $11,000 plus commission of 12.00%; Final Price $12,320. – Cassette stereo, heat and defrost, rubber bumpers. – Represented as a recent restoration. Excellent, tight-fitting new top. Very good recent paint. Gorgeous and fully redone underneath. Excellent seats and carpets. Fresh, clear gauges. For a rubber bumper Midget, this car is pretty phenomenal. You don’t often see cars worth so little restored to these kinds of standards with seemingly no corners cut. – The late Spitfire 1500-powered Midgets are among the cheapest ways to get into classic sports car ownership and have been for decades. The best one in the world might not even set you back 20 grand, and this like-new car went to a new home for barely 12, which is a good value.
Lot # 181 1975 Triumph TR6 Convertible; S/N CF35253U; Mimosa Yellow, Yellow hardtop/Chestnut Brown vinyl; Brown vinyl top; Estimate $30,000 – $35,000; Visually maintained, largely original, 2 condition; No Reserve; Hammered Sold at $38,000 plus commission of 12.00%; Final Price $42,560. – Steel wheels, trim rings, red line tires, factory hardtop, factory radio, overdrive. – The 7,075 miles showing are represented as original and so is the rest of the car, making this probably the best totally unrestored TR6 I’ve ever seen. The paint isn’t perfect, but it’s great for 43 years old. The panel gaps aren’t very good, but 70s Triumphs came from the factory that way. The interior is excellent with fantastic upholstery as well as clear and bright gauges, although the wood dash looks to have been refinished at some point. The engine bay is unrestored but maintained and clean. The wheels are tires are newer, but the originals come with it. A phenomenally preserved example of a car that typically gets nowhere near this kind of pampering. – A phenomenally expensive price for a safety bumper TR6, but it has desirable options and definitive documentation on top of its remarkable level of preservation. All of those things add to the car’s value, but this result is still a bit over the top … but try to find another one like it.
Lot # 182 1959 Volkswagen Beetle 1200 Deluxe 2-Dr. Sedan; S/N 2409294; Mignonette Green/Teal, White vinyl; Estimate $25,000 – $30,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $25,000 plus commission of 12.00%; Final Price $28,000. – Firestone wide whitewalls, roof rack, hubcaps, factory radio, side window visors, vent shades, amber fog light, folding sunroof, bumper overriders, mud flaps, original purchase paper documented. – Two owners from new, the first owner until 1997. Very good paint. The brightwork is in great condition with no noticeable flaws. The weather stripping appears almost new, though there is slight overspray in a few locations. The whitewalls show a few cracks and early signs of dry rotting. The rear tires have also begun to yellow slightly. The dashboard paint is also in great condition, as are the gauges. The interior bench seats appear to be recently restored and are free of any flaws. The headliner, however, has a few stains. Restored to appropriately high standards for a Beetle and has a lot of eyeball with attractive colors and neat period accessories. – Close to 30 grand is a lot of money for a ’59 Beetle, but this car has a lot of personality, and personality has a way of getting the deep pockets in the room at an RM Sotheby’s auction to throw in a few extra bids. It is expensive, but it has charisma.
Lot # 183 1960 Renault 4CV Jolly, Body by Ghia; S/N 3607749; Coral/Wicker; Coral, White cloth top; Estimate $100,000 – $125,000; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $95,000 plus commission of 12.00%; Final Price $106,400. – Hub caps, Jaeger speedometer, fringed surrey top, wicker seats. – One of just 50 of these cars built and reportedly just 20 are left, so this is way rarer than a Fiat Jolly, not to mention faster. It has also been restored to very high standards, with excellent chrome, paint, wicker and engine bay. It’s gorgeous. – Sold for $13,800 at RM Hershey in 2003, before restoration. A fortune (at least in relation to its inherent value) has been spent on it since, and LA is a lot closer to a beach than Hershey, but never before has a 4CV Jolly (or Resort Special) brought close to this result. This result is curve-setting.
Lot # 185 1956 Paul Vallee Chantecler Convertible; S/N 1203; Engine # 43511; Light Blue/Blue vinyl piped in White; Beige cloth top; Estimate $45,000 – $55,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $47,500 plus commission of 12.00%; Final Price $53,200. – Whitewalls, dash clock, 125cc/5hp two-stroke engine. – Average quality repaint. Good newer top, very good interior with aircraft-style steering wheel. Spotless and fully restored underneath. Restored, rare French microcar. Looks like something out of the Jetsons, except it can’t fly, or with 5hp even hit 60 most likely. – Sold out of the Bruce Weiner Microcar Museum in 2013 for $98,900 where microcar madness piqued [sic]. The result here makes more sense. It should not be driven on “The Five” at rush hour, but stands a good chance of finding an overlooked parking sliver on the PCH on a Saturday.
Lot # 186 1975 Dodge Coronet Custom Station Wagon, 3-Seat; S/N WL45N5A152777; Golden Fawn/Beige vinyl, cloth; Estimate $15,000 – $20,000; Unrestored original, 4 condition; No Reserve; Hammered Sold at $5,000 plus commission of 12.00%; Final Price $5,600. – Bench seats, factory radio, air conditioning, roof rack, wheel covers, narrow whitewalls, window sticker, manuals and books. – First owned by Ginger Rogers, who wore high heels and even roller skates while matching Fred Astaire tap for tap dance. The paint is original and in fair condition with plenty of scratches, peeling, and a few small dings. The interior is in good condition. There is some piping that has separated on the driver seat, but the rest of the upholstery is in good condition and free of any large cracks or tears. The dashboard, instruments clusters and gauges appear complete and are in good condition. The engine bay is maintained but a bit tired and dirty. – When it comes to car values, Ginger Rogers is certainly no Steve McQueen, and she was in her 60s when she bought this car. Nobody seemed to be interested, and it brought a price that any other tired old Coronet would ordinarily expect to bring in this condition and in this setting. But Ginger was way more than that, as this YouTube video will demonstrate: https://www.youtube.com/watch?v=BwMA9H69qVc
Lot # 187 1959 Cadillac Eldorado Biarritz Convertible; S/N 59E091727; Black/Red leather; Estimate $260,000 – $300,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $290,000 plus commission of 11.72%; Final Price $324,000. – 390/345hp, automatic, WonderBar radio, rear seat speaker, Autronic eye, whitewalls, wheel covers, fender skirts, parade boot, power seat, power steering and brakes. – The black paint is very good, but there are a few imperfections and scratches around the taillight assembly. The brightwork is very good. The chrome bumpers are in good condition, as is all the brightwork. The weather stripping around the A-pillar on the driver’s side is dry rotted. The red leather on the dashboard and door panels are in great condition, as are the bench seats. However, the carpeting under the steering wheel is stained. The wheel covers and tires are in good condition with plenty of tread. A well maintained but older restoration of an iconic car that has a ton of presence almost no matter the condition. – This car sold for $231,000 at Auburn Fall in 2014, when it was painted white instead of the current black. Prices haven’t done much since then and aside from the paint the car doesn’t appear to have received any major attention. It’s therefore hard to explain this monumental result that is beyond top dollar by about 50 grand. It’s a good, but not great, Eldo Biarritz.
Lot # 188 2006 Ford GT Coupe; S/N 1FAFP90S16Y400600; Speed Yellow, Black stripes/Black; Estimate $300,000 – $350,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $285,000 plus commission of 11.75%; Final Price $318,500. – All four options. – Just six miles, which is incredibly low even for a Ford GT. – When most examples out there have a few thousand miles at most on the odometer, a few hundred can make a big difference when it comes to price. A 6-mile car like this is a standout, and with the premium added for each option this strong but not excessive price makes sense.
Lot # 189 1963 Chevrolet Corvette Coupe; S/N 30837S116851; Silver Blue/Dark Blue vinyl; Estimate $100,000 – $150,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $80,000 plus commission of 12.00%; Final Price $89,600. – 327/300 L75 V-8 engine, Powerglide, factory air conditioning, whitewall tires, spinner wheel covers, power steering, power brakes, tinted glass, original owner’s manual and window sticker copy. – Very good paint other than a few small blisters as well as two areas that appear to be over-buffed and showing primer. The brightwork is fair. There are a few large scratches, some dull spots and light pitting and peeling on the faux factory hood vents. The front Corvette emblem is weathered. The bumpers, however, look very good. The interior is very good. A reasonably well preserved but not immaculate car, exciting as a Split Window but has a boring drivetrain. – Still in essentially the same condition as it was in 2012, when RM sold it out of the John Staluppi collection for $101,750, and as sold by Auctions America at Hilton Head in 2016 for $110,000. The odometer reads 176 more miles than it showed in 2012. Both were expensive results at the time, prices that would have ordinarily bought a more exciting drivetrain. This result is more realistic to the car’s flaws and its mundane drivetrain.
Lot # 190 1937 Cord 812 Supercharged Phaeton; S/N 81232269H; Engine # FC2984; Geneva Blue/Red leather; Tan cloth top; Estimate $220,000 – $260,000; Older restoration, 2- condition; With Reserve; Not sold at Hammer bid of $195,0000. – Chrome wheel covers, whitewalls, radio. – Represented as matching numbers and factory supercharged, ACD Category One. The paint is in good condition other than a deep scratch on the inside of the passenger’s side fender as well as a bubble near the driver’s side running board. The brightwork is very good. The wheel covers are in good condition, but the rear passenger side wheel does show rust. The interior is in great condition, except for two shallow scratches on the bench seat. The interior and switchgear are in good condition. The engine compartment is clean and tidy. Restored in the 1980s but the quality is apparent and it’s still in great condition. – This Cord has made a bundle of money for RM Auctions. It was sold at Monterey in 2013 for $225,500, and Arizona in 2016 for $209,000 and for $211,750 at Hershey last year. The odometer has added only 20 miles (on and off transporters and across RM auction blocks) since 2013. The bid here is realistic. The Cord needs a home that will treat it as something other than collection decoration.
Lot # 191 1964 Shelby Cobra 289 R&P Roadster; S/N CSX2216; White/Red leather; Estimate $850,000 – $950,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $840,000. – Centerlock chrome wire wheels with AC caps, woodrim steering wheel, Stewart Warner gauges, dash clock, wind wings, rack and pinion steering, grille and trunk guards, original invoices and window sticker documented. – Very good paint, chrome, and interior with light wrinkling on the driver’s side. Recently restored to original colors and very high standards with no significant flaws. Sold in these original colors, then lightly crashed by a service center employee in the late 1960s. Modified in the 1970s with roll bar, 12-quart oil pan, oil cooler, sway bars and Koni shocks, but restored to its original specification within the last couple of years. – Not sold at a $700,000 high bid at Fall Auburn in 2016, when it had Halibrand wheels, side pipes and red paint. It’s a fresher and more correct car than it was then, so it certainly deserved more money, but the reported high bid here still seems right and within $10,000 of the low estimate could reasonably been expected to be closed with some give-back from the buyer’s premium if there was serious money at the reported high bid.
Lot # 193 1935 Cadillac 355-D V-8 Convertible Coupe, Body by Fisher; S/N 3106675; Engine # 3106675; Black/Black leather; Beige cloth top; Estimate $90,000 – $140,000; Unrestored original, 4+ condition; With Reserve; Not sold at Hammer bid of $75,000. – Hub caps, Firestone wide whitewalls, fog lights, radiator mascot, dual enclosed sidemount spares, luggage trunk, Jaeger gauges, Trippe lights – 2012 Palos Verdes Concours d’Elegance Preservation Class winner. Missing driver’s side windshield wiper. Original Black paint showing its age with surface scratches, pitting and peeling. The factory brightwork has a nice shine but does show plenty of scratches on the cowl and windshield, as well as pitting on the side trim. The bench seat has a 6-inch tear on the driver’s side as well as cracks. The dashboard, gauges and instrument cluster appear to be complete and free of any cosmetic damage. The tires are beginning to yellow but are not cracked or dry rotted. The canvas top does show what appears to be dirt or water damage, but is free of any large or deep tears. Originally built for the General Motors Spring Show in Albany and remains unrestored. Presentable for preservation class shows as it sits, or would make a straightforward restoration candidate. – The bidders erred on the side of caution and condition, declining to put a heavy premium for originality and preservation on this remarkable survivor. It would have been difficult to argue with such prudence, but the story of this Cadillac and its superb preservation deserve more than the reported high bid.
Lot # 195 1957 Porsche 356A 1600 Super Speedster; S/N 82759; Engine # 63487; Ruby Red, White hardtop/Black; Black cloth top; Estimate $350,000 – $400,000; Unrestored original, 3 condition; With Reserve; Hammered Sold at $320,000 plus commission of 11.56%; Final Price $357,000. – Silver painted wheels, hub caps, blackwall tires, bumper overriders, metal headlight stone protectors two tops and separate sets of side curtains for each, Kardex documented. – Represented as matching numbers, two owners from new. 2012 Palos Verdes Concourse d’Elegance Preservation Class winner. Missing the driver’s side windshield wiper. An ancient cosmetic redo, carefully preserved for years to the point where it now looks unrestored again. Oily engine compartment and chassis. Sound but aged upholstery and interior trim. – The premium for originality here is pretty serious and this price would ordinarily buy a decent restored Speedster, but when you consider that RM Sotheby’s sold a far rattier 356 Speedster for $307,500 at their Porsche sale back in October, this doesn’t seem like a bad deal. At this price further preservation is the only rational choice.
Lot # 196 1972 Ferrari 365 GTB/4 Daytona Coupe, Body by Pininfarina-Scaglietti; S/N 14999; Engine # B1498; Rosso Cordoba/Beige leather; Estimate $725,000 – $825,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $700,000 plus commission of 10.71%; Final Price $775,000. – Borrani wire wheels, Michelin XWX tires, Ansa exhaust, leather-wrapped steering wheel, air conditioning, Becker Europa stereo. – Brought out of 30 years storage in 2011 and the 11,180 miles showing are represented as actual. The original interior is fantastic with only very light wrinkling to the driver’s seat. Otherwise, it looks nearly new. Very tidy underneath. The engine bay looks recently detailed and serviced with new hoses and wires. The chrome looks original and well kept. The paint was done in 2011 in the original Rosso Cordoba and still looks very good. Even though the car sat for a long time, it was stored carefully and that counts for a lot. – This car was bid to $325,000 but not sold at Mecum Monterey in 2011 still with its original paint, then reported sold by Barrett-Jackson in Scottsdale in 2013 for $495,000. At the time that was a fair result. The Daytona market and indeed the classic Ferrari market in general has done a lot since then. Daytona prices shot way up over 2013-14 and have since retreated a bit, but remain high. This one’s level of preservation, low original miles (it has added 1,419 to its odometer since 2011) and rare colors brought it a strong but not excessive price. It’s tied for the second most expensive Daytona Coupe sold at auction in 2018, a reasonable compromise between preservation and condition.
Lot # 198 1987 Porsche 959 Komfort Coupe; S/N WP0ZZZ95ZHS900037; Engine # 65H00118; Black/Black, Gray leather; Estimate $950,000 – $1,100,000; Visually maintained, largely original, 2- condition; With Reserve; Not sold at Hammer bid of $870,000. – Komfort model, two-tone seats, all books and tools, Porsche CoA, WABCO brake system diagnostic tester, comes with spare mph speedometer. – Several chips on the nose and a few scratches by the left headlight washer. The paint otherwise shows age commensurate with the 40,824 km showing, and so does the interior. The catch is that it’s not original paint but a repaint in 2001 from the original Graphite Grey Metallic. Maintained by the staff at Pelican Parts since 2007. A 959 that has been driven, which isn’t necessarily a bad thing. Also federalized (and California compliant) and ready to enjoy. – The repaint and the mileage don’t do this car any favors, but the reported high bid was not unreasonable and could have been taken without too much regret. It was offered at the Kruse auction at Concorso Italiano in 2005 where it no-saled at $195,000 and has added 5,478km to the odometer since then.
Lot # 199 1955 Mercedes-Benz 300SL Gullwing Coupe; S/N 1980405500695; Engine # 1989802200722; Light Green Metallic/Red leather; Estimate $1,200,000 – $1,400,000; Cosmetic restoration, 2- condition; With Reserve; Hammered Sold at $1,150,000 plus commission of 10.43%; Final Price $1,270,000. – Hub caps, Dunlop tires, Talbot Berlin mirrors, reproduction matching luggage, Becker Mexico AM-FM, spare wheel and jack, hinged steering wheel. – Matching numbers. Cosmetically in its original color scheme. Small blister at the back left edge of the hood and some paint rubbing around the door edges, but otherwise attractive older paint and chrome. Very clean and maintained but unrestored underneath and the refreshed interior is gorgeous. A mostly fantastic Gullwing in unusual but attractive colors. – Offered by Gooding at Pebble Beach in 2010 where it was a no-sale at a reported bid of $470,000, then sold by RM in New York in 2013 for $1,265,000. The odometer has added 15 miles since then and this is a realistic price for a Christmas-color themed Green over Red Gullwing.
Lot # 200 1971 Lamborghini Miura P400 SV Coupe; S/N 4912; Engine # 30673; Bleu Medio, Gold sills/Blue leather; Estimate $2,100,000 – $2,500,000; Cosmetic restoration, 2+ condition; With Reserve; Hammered Sold at $2,000,000 plus commission of 10.25%; Final Price $2,205,000. – Single sump SV, centerlock alloy wheels, rear window louvers, Pirelli tires, Jaeger gauges, air conditioning. – Excellent paint, chrome and interior. Cosmetically restored and always very well maintained, it looks fantastic even if hasn’t been fully taken apart. Previously shown at Pebble Beach. Represented as the only one finished in this color. – Sold for $2M at RM Sotheby’s Phoenix 2016 and now with only 15 more miles on the odometer it is little if any more and a sound value at this price.
Lot # 201 1989 Ferrari F40 Coupe; S/N ZFFGJ34B000080161; Engine # 15321; Rosso Corsa/Red cloth; Estimate $1,200,000 – $1,600,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $1,400,000 plus commission of 10.36%; Final Price $1,545,000. – P Zero tires, Ferrari Classiche certification. – Showing just 4,371 represented original and believable km and still looks just about new. A collector-grade F40. Ordered new by Stefano Casiraghi, husband of Princess Caroline of Monaco. Four owners from new. – Sold for $1.146M at RM Sotheby’s Paris in 2016. That was a reasonable result, and so is this. The largely analog F40 is getting increasing attention these days.
Lot # 202 1966 Jaguar XKE SI 4.2 Coupe; S/N 1E32909; Engine # 7E89379; Opalescent Dark Green/Black leather; Estimate $90,000 – $110,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $117,500 plus commission of 12.00%; Final Price $131,600. – Centerlock wire wheels, woodrim steering wheel, Blaupunkt pushbutton radio. – Faded, cracked and crazed but presentable paint that isn’t 100 percent original but it’s all so old that it’s hard to tell what’s been repainted. Original but maintained underneath. The frame and suspension are a little oxidized but presentable. The engine bay looks a little tired, but it’s complete and reasonably tidy. Wrinkled but sound leather and otherwise very well kept interior. Represented as a single owner car that is certainly showing its age but looks great and has a lot of charm if you’re into patina. – Apparently, quite a few people who are into Jaguar patina were in the room at the Petersen Museum, because this price would ordinarily buy a restored 4.2 liter E-Type. Other unrestored, or partially restored lots didn’t do this well.
Lot # 203 2003 Aston Martin DB AR1 Convertible; S/N SCFAE62303K800016; Engine # 0043; Tungsten Silver/White leather; Estimate $325,000 – $375,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $270,000. – P Zero tires, red calipers, air conditioning, factory stereo, aluminum shift knob and dash levers, umbrellas, car cover, manuals, spare key fob. – One of 99 of these DB AR1 Zagatos built, although they pop up for sale fairly often. This one has flawless paint, as most of them do, but the white parts of the interior have some smudges here and there. Nevertheless, showing 97 miles and pretty much like new. – Two of these cars have sold at auction in 2018, one for 275 grand and one for 280 grand. Both were in similar condition, and it’s hard to argue with that kind of consistency. This one should have sold. Hoping for over $300K, even with <100 miles, is a fever dream.
Lot # 204 1961 Morgan Plus 4 Roadster; S/N 4572; Engine # TS73304ME; Red/Black; Black top; Estimate $35,000 – $40,000; Cosmetic restoration, 3 condition; No Reserve; Hammered Sold at $26,000 plus commission of 12.00%; Final Price $29,120. – 1,991/90hp Triumph engine, silver painted wire wheels, Kelly blackwall radial tires, White banjo-spoke steering wheel, wind wings, Sunpro auxiliary gauges, halogen headlights, Maxtel driving lights, electric fan, front disc brakes. – Numbers matching engine complete with Morgan chassis record. The Red paint is in fair condition with minor scratches as well as light orange peeling. The rear shows lots of orange peel. The brightwork is also in fair condition with pitting noticeable on the cowl and windshield trim as well as the turn signal indicators. The glass on the headlights and fog lights appears slightly opaque. Slightly grimy underneath. The interior is in good condition with a few wrinkles, but no cracks or tears. The dashboard, gauges, and instrument cluster are in good condition and appear complete. A well maintained but used older restoration of a car that was done on something of a budget to begin with. – This car was reported sold at Hershey two months ago at a final price of $35,750. It’s still a neat but imperfect driver quality car, let go again for an even more modest but not yet cheap price. It was noted in the catalog that RM Sotheby’s had an interest in the car, suggesting a Hershey transaction turned upside down. It is a sound value here.
Lot # 205 1965 Jaguar XKE SI 4.2 Roadster; S/N 1E10698; Engine # 7E28699; Black, Black hardtop/Black leather; Black vinyl top; Estimate $140,000 – $180,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $97,500 plus commission of 12.00%; Final Price $109,200. – Centerlock wire wheels, narrow whitewalls, hardtop and soft top, woodrim steering wheel, Blaupunkt pushbutton radio, Wilwood front disc brakes, JDHT Certificate. – Blemish free but thick and older paint as well as older chrome on the car itself. The hardtop, meanwhile has mostly good paint but a few chips on the bottom edges while the rear window is cloudy and has a huge crack on the left side. The soft top frame is rough. The steering wheel is fairly worn and the seats are wrinkled, but the rest of the interior is clean and the gauges are clear. Dirty but not terrible underneath. It’s gotten restoration work and it’s a desirable 4.2 Roadster with a hardtop, but it’s also no better than a driver. – This car hammered not sold at a reasonable $120,000 high bid at Hershey back in October and is noted here as one in which RM has an ownership interest. Bad karma in Hershey worked to the benefit of the buyer here in LA. This is a sound car in respectable condition bought for a realistic price.
Lot # 206 1955 Aston Martin DB2/4 Mk II Coupe, Body by Tickford; S/N AM3001114; Engine # VB6J656; Dark Blue/Tan leather; Estimate $350,000 – $450,000; Older restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $290,000. – Chrome centerlock wire wheels, Avon Turbospeed tires, Raydyot driving lights, woodrim steering wheel, wood dash, Smiths gauges, radio. – One of 199 Mk II examples. Represented as the original engine. Very tidy and restored underneath. Small blister on the left rear fender and some scratches around the antenna. The paint is otherwise older but good. The side spear trim doesn’t fit flush with the body. Small scratch on the left headlight bezel, and the taillight gaskets are dry. Lightly scratched rear glass. Very good, lightly worn but fully restored interior. A straightforward older restoration that would be good for driving events. – Sold for $318,500 at RM Sotheby’s Monterey back in August. After commission, the reported high bid would have matched that straightforward and appropriate result. In today’s market environment it is unrealistic to think that a car bought for a fair price in August will flip for a profit three and a half months later and prospects for a profit on a subsequent sale aren’t getting any better while incurring additional costs for transport and entry fees.
Lot # 207 2018 Aston Martin Vanquish Zagato Villa d’Este Coupe, Body by Zagato; S/N SCFLMCPZ1JGJ33755; Lava Red/Black, Spicy Red leather; Estimate $600,000 – $800,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $575,000 plus commission of 10.87%; Final Price $637,500. – P Zero tires, gold accented anthracite alloy wheels, carbon fiber splitter, floor extensions and diffuser, 8-speed paddle shift automatic. – One of 99 and reportedly just 15 in the US. Looks like a new car, as it should with 51 miles. – In addition to the stunning bodywork and the wild interior, complete with little letter Zs stitched into the seats and door panels, the Vanquish Zagato also features a 592-hp V-12 instead of the 568-hp of the standard car. The original price was over 700 grand, so this is a steep depreciation curve, even on a limited-production Aston.
Lot # 208 2015 McLaren P1 Coupe; S/N SBM12ABA0FW000233; Kilo Grey/Black Alcantara; Estimate $1,300,000 – $1,700,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $1,300,000 plus commission of 10.38%; Final Price $1,435,000. – Orange calipers, P Zero tires, special order paint, orange interior contrast stitching, carbon fiber interior trim – 350 miles, one owner, no signs of use and looks new, serial 233/375. Serviced in April 2017. – The first P1s to hit the collector car auction scene typically hit at around $2M, but the last few have sold for south of that. The last one to sell at a U.S. auction was at RM’s Monterey sale back in August, and it sold for $1.82M. The consignor recognized the trajectory of P1 values and prudently took this offer.
Lot # 210 1956 Austin-Healey 100/M Le Mans Roadster; S/N BN2L230571; Engine # 1B230571M; Old English White, Black/White piped in Red; Estimate $75,000 – $90,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $72,500 plus commission of 12.00%; Final Price $81,200. – Body color centerlock wire wheels, Dunlop Road Speed tires, tonneau cover, woodrim steering wheel, overdrive. Hella driving lights, badge bar, louvered hood, BMIHT documented. – Dealer upgraded LM spec car. Represented as matching numbers. Large crack in the hood and generally somewhat tired paint. Dull, lightly scratched windshield frame. Uneven gaps. Good older interior with light wear and discoloration to the seats. A handsome car for driving events, but not for the show field. – Hammered not sold at a $70,000 high bid at Auburn Fall earlier this year. This higher but still modest result buys a hot, handsome, solid and event eligible car for under six figures, and is a decent value at this price.
Lot # 216 1986 Porsche 944 Turbo Coupe; S/N WP0AA0951GN153497; Guards Red/Black leather; Estimate $25,000 – $30,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $35,000 plus commission of 12.00%; Final Price $39,200. – 2,479/220hp turbo four, 5-speed, Black center Fuchs wheels, Bridgestone tires, power sunroof, alarm, cruise control, Blaupunkt cassette stereo, power windows, air conditioning, Porsche CoA documented. – Showing 38,774 claimed original and believable miles. A handful of small chips on and around the nose as well as some light detail scratching in otherwise mostly good original paint. Very good interior with seat wear that matches the mileage. A used first-year 944 Turbo, but a good one. – A lot of 944s have been used and abused, and the more expensive Turbos weren’t immune. Even though this one’s mileage is significant, it’s still low and the level of care is clear. This was a very expensive result, but it would also be hard to find a better or more honest one.
Lot # 217 1991 Acura NSX Coupe; S/N JH4NA1159MT800222; Berlina Black/Black leather; Estimate $90,000 – $110,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $67,500 plus commission of 12.00%; Final Price $75,600. – Four-wheel disc brakes, factory alloy wheels, dealer-ordered and fitted luggage, all the factory literature and tools. – European market car showing 10,189 believable km. The paint is in mostly great condition, but there are some imperfections on the front bumper cover as well as the driver’s side door. The factory alloy wheels are also in great condition, and the Toyo tires have plenty of tread on them. The interior is in great shape as well. A mostly fantastic low-mile early NSX, ideal for a collection. – Really good, collector-grade NSXs aren’t quite six-figure cars but they can easily command over 50 grand these days. This price was a strong one, but deserved to be since many NSXs have racked up a lot more miles than this one has and so many of them are red that the black over black livery is a plus.
Lot # 218 2017 Acura NSX 3.5L Coupe; S/N 19UNC1B09HY000156; Casino White Pearl/Black; Estimate $125,000 – $150,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $100,000 plus commission of 12.00%; Final Price $112,000. – Carbon fiber interior and exterior packages. – Showing 2,700 miles and basically a brand new NSX. Number 223 of 581 cars built for the 2017 model year. – The old NSX did not become an instant collectible, and even though it never really got cheap, it took years for values to bottom out and swing back up again. This nearly new NSX, similarly, is more used exotic than collector car and likely will be for a while, at least until the aesthetics of its Darth Vader helmet nose can become acceptable. It sold for over 150 grand when it was brand new, and it sold here for not far off the going rate for other used ones.
Lot # 219 1981 Lamborghini Countach LP400S Coupe; S/N 1121260; Engine # 1121260; Black/Tan leather; Estimate $375,000 – $450,000; Unrestored original, 3 condition; With Reserve; Hammered Sold at $330,000 plus commission of 11.52%; Final Price $368,000. – Telephone dial OZ wheels, P Zero tires, power windows, air conditioning. – Paint cracks on the A- and B-pillars, a few chips on the driver’s door and a few cracks in the rear vents. Long scratch on the right rear fender. The dash top is faded and scratched up, and the gauges are a little cloudy and faded. Stored since the early 1990s, then recently sorted mechanically. An unrestored but unimpressive Countach that presents like a driver. – A driver Countach bought for driver money. The car came from single family ownership, which can also be called single family neglect, though at this price the new owner got a car for a fair price that has had its mechanical needs met without having to deal with shop bills, assuming there are no less obvious issues that haven’t been identified yet.
Lot # 220 1992 Ferrari 512 TR Coupe; S/N ZFFLG40A4N0093221; Nero/Bordeaux leather; Estimate $140,000 – $170,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $155,000 plus commission of 12.00%; Final Price $173,600. – Car phone, custom alarm, Sony CD stereo, rear-view camera, McIntosh 13-speaker sound system, original tool kit and manuals, luggage – Showing 10,912 believable and represented original miles. A few small scrapes and a sizable crack on the bottom front lip. Very good but not quite like new original paint. The wheels look a little dull. Very good, lightly worn interior. A lightly used 512 TR, but a used one nonetheless and has convenience upgrades that a lot of buyers probably don’t actually want. The only particularly remarkable thing about the car is the relatively rare colors. – Hammered not sold at a $200,000 high bid at RM Arizona at the beginning of the year, which was a perfectly fair and even generous offer for a used TR. The result at the Petersen is a fair one for both parties, and makes Arizona seem like a missed opportunity with $45,000 left on the table in Phoenix.
Lot # 221 1989 Ferrari Testarossa Coupe; S/N ZFFSG17A0K0079683; Engine # 15684; Rosso Corsa/Tan leather; Estimate $130,000 – $160,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $105,000. – Pilot Sport tires, power windows, air conditioning, fitted luggage, original tool roll and owner’s manual. – Showing 14,257 believable and claimed original miles. Recent full service. Very good paint. Hardly any wear but some stretching and surface creases to the seats and otherwise excellent interior. A like new TR in standard colors. – Sold for $128,800 at RM Sotheby’s Monterey three months ago, which was an expensive price for this very good but not exceptional car. The reported high bid here may be quite a bit lower, but it’s not an unrealistic offer and the market’s not getting any stronger while the consignor chases it down.
Lot # 222 2005 Porsche Carrera GT Coupe; S/N WP0CA29855L001164; Engine # 90530825; Basalt Black/Terracotta leather; Estimate $700,000 – $900,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $700,000 plus commission of 10.71%; Final Price $775,000. – Black painted wheels, matching luggage, wider than standard seats. – Represented as the only Carrera GT equipped like this. Represented with 8,800 miles and a recent service. The seat bottoms are a little flat and the paint shows a tiny bit of age, but for the most part it’s a like new Carrera GT. – As a Porsche halo car and one of the last hypercars with a proper manual transmission, the Carrera GT is always going to be collectible, and over the past few years prices have ranged from around 700 to 900 grand. This is the third most expensive one sold this year at auction, and it’s an appropriate price given the colors and the mileage. It hammered not sold at a $520,000 high bid at Bonhams Amelia Island in 2017, but got a lot more love on the block this time and returned a realistic result.
Lot # 223 1994 Porsche 911 Carrera Speedster; S/N WP0CB296XRS465204; Engine # 62P04911; Black/Black, Gray leather; Estimate $150,000 – $200,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $135,000 plus commission of 12.00%; Final Price $151,200. – Black alloy wheels, Potenza tires, snorkely brake light, red dash and shifter, later Pioneer stereo. – Showing 47,836 km, but looks like a car with fewer. Numerous but small chips on the nose and hood, otherwise good original paint. Light but forgivable wear to the seats. The rear latch cable was damaged in transit to the auction, to be repaired at consignor’s expense. Ordered new by Rush drummer Neil Peart. A used `94 Speedster, but reasonably well kept. – No Rush fans at the Petersen, apparently, and the bidders were apparently turned off enough by the relatively high mileage and pre-auction damage to afford the car a modest price.
Lot # 224 1996 Ferrari F355 Spider Convertible; S/N ZFFXR48A8T0106114; Verde Ingles/Tan leather; Black cloth top; Estimate $100,000 – $125,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $102,500 plus commission of 12.00%; Final Price $114,800. – 6-speed, alloy wheels, climate control air conditioning, power seats, power top, books – The paint is good other than an inch-long, deep scratch on the driver’s side rear quarter panel and mild chipping on the rear bumper covers. The interior is good with no signs of cracks or tears, and the carpet is clean. Represented with less than 7,000 miles, equipped with a desirable 6-speed manual, and finished in rare attractive colors. Engine-out service in 2014, but that was a while ago now. – Anything over 75 grand is a lot of money for a 355, but it’s important to remember that a 6-speed can add $30,000 or more to the price, and this one has both very low mileage and good colors going for it as well. It also sold for $121,000 at Gooding & Company Scottsdale in 2016, so this very strong result at the Petersen was no fluke.
Lot # 225 2011 Porsche 911 GT2 RS Coupe; S/N WP0AE2A95BS778123; Black, Bare carbon hood and mirrors/Black leather, suede; Estimate $400,000 – $500,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $370,000. – 6-speed, carbon fiber front fenders, yellow calipers, Pilot Sport Cup 2 tires, Sound Package Plus, carbon fiber interior accents, adaptive sport seats. – Represented with 5,350 miles and looks like it’s never seen the track, or even a dusty road. – Bid to well above its original purchase price, but limited-production high-performance 911s have a way of getting more valuable as soon as they roll off the lot rather than the other way around. RM Sotheby’s also just sold another 2011 GT2 RS for over half a million dollars at their Porsche 70th Anniversary auction, so holding out at the reported high bid for this one seems understandable.
Lot # 226 2003 Ferrari 575M Maranello Coupe; S/N ZFFBV55A530134033; Azzuro California/Sabbia (Sand) leather piped in Black; Estimate $250,000 – $300,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $200,000 plus commission of 12.00%; Final Price $224,000. – 6-speed manual transmission, factory alloy wheels, factory stereo, climate control, built in radar detector, Red calipers – Paint is near flawless with just a few small imperfections on the front bumper cover and light surface scratches on the deck lid. Brightwork, trim, weather stripping and emblems are in good condition. The factory wheels are in great condition and free of any damage, chips or scratches. The interior is in very good condition, without any signs of wear and tear minus a few small wrinkles. Showing 12,444 miles and in very good lightly used condition, plus finished in rare and attractive colors. – The 6-speed counts for a lot, but not this much and this is a seriously generous result.
Lot # 227 2015 Porsche 918 Spyder Weissach Roadster; S/N WP0CA2A16FS800652; Matte Black, Martini graphics/Black; Estimate $1,500,000 – $1,700,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $1,390,000 plus commission of 10.36%; Final Price $1,534,000. – Two owners, 279 km, and like new. – Two owners, 279 km, and like new. – Like the McLaren P1, the 918 hit the collector car auction scene with strong sales, some around the $2M mark, before things settled down over the past year or so. For example, this one sold for $1,732,000 at RM Sotheby’s New York sale in 2017. It’s been driven 9km since then, so this result is a good example that 918 values just coming back to more realistic levels after an initial surge of interest. The consignor was prudent in letting it go and taking a modest (uh? Almost $400K) loss. They were an expensive nine kilometers.
Lot # 228 2003 Ferrari 360 GT Race Car; S/N 2022; Engine # 110; Rosso Corsa/Red cloth; Estimate $300,000 – $350,000; Competition restoration, 2- condition; With Reserve; Hammered Sold at $300,000 plus commission of 11.67%; Final Price $335,000. – BBS centerlock wheels, slick tires, carbon fiber wing and splitter. – One of three raced by Risi Competizione. DNF at Sebring in 2003 (Marino Franchiti and Kevin McGarrity) after an accident. Rebuilt at Ferrari thereafter. One of 20 built and reportedly the only one with Ferrari Classiche certification. Looks like it has been repainted. Clean wheels and tires, looks solid underneath. Clean interior. Shown at the Cavallino Classic and the Concorso Italiano, judged FCA Platinum more than once. It’s hard to say what to do with it, but it’s a piece of Ferrari racing history and looks great as it sits. – A somewhat significant Ferrari although its history is noteworthy only because its one and only international race was Sebring. It was sold here at a generous result for a track day car, even acknowledging its high level of preparation and presentation.
Lot # 229 2008 Ferrari 430 Scuderia Coupe; S/N ZFFKW64A380161467; Nero, Silver stripes/Black Alcantara; Estimate $200,000 – $220,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $180,000. – SF shields, clear engine cover, yellow calipers and tach, carbon fiber manettino steering wheel, CD stereo with Bluetooth and navigation, fire extinguisher, power windows, air conditioning. – Two owners from new and represented with 6,000 miles. Looks like new. – It never raced, particularly not as Sebring like the 360 GT that preceded it across the block, but it has all the comforts of home and some 50 more horses than the 360 GT. It is reasonably valued at this reported high bid, but also reasonably declined. The consignor might find it hard to match, let alone exceed, this bid in the future.
Lot # 230 1969 Mercedes-Benz 280SL Roadster; S/N 11304410003897; Engine # 13098310001660; Signal Red, Signal Red hardtop/Beige vinyl; Estimate $60,000 – $80,000; Older restoration, 3 condition; No Reserve; Hammered Sold at $57,500 plus commission of 12.00%; Final Price $64,400. – Wheel covers, Sumitomo tires, 4-Speed, Becker Europa stereo, air conditioning, two tops, power steering and brakes. – Represented as matching numbers. Two small chips on the nose. Touch up on the right front fender. Small scratch on the passenger’s side door. A few touch ups on the door edges. Good interior other than lightly faded gauges. Fairly tired original chrome. Looks restored underneath. Very clean engine bay. Desirable 4-Speed (but not the even more desirable ZF 5-speed) and restored at some point, but a driver quality Pagoda SL. – This car hammered not sold at a $50,000 high bid at Auburn Fall, but found a more receptive audience at the Petersen, who took into account both the car’s imperfections and the 4-speed to afford it a fair price.
Lot # 231 1975 Porsche 914 2.0 Targa; S/N 4752907927; Nepal Orange, Black/Black vinyl; Estimate $40,000 – $60,000; Unrestored original, 2+ condition; No Reserve; Hammered Sold at $70,000 plus commission of 12.00%; Final Price $78,400. – 5-speed, alloy wheels, Michelin tires, window sticker, manuals, spare keys, tinted glass, fog lights, armrest. – One owner and showing 1,143 miles represented to be all it has covered from new. Sold new in New Mexico and stored there for several decades. A tiny scrape on the bottom front lip is the only real flaw on this time capsule 914. The paint, wheels, and interior are fantastic. It’s clean underneath. The exterior plastic hasn’t dried out at all. Good colors, incredibly low mileage and fantastic preservation, it’s a recipe for a big price even without the radio, which has been removed without fitting a blank plate. – And a big price was had. Gooding and RM have each sold a time-capsule four-cylinder 914 for over 90 grand, so this wasn’t a record result, but it does show that good unrestored examples of this previously unloved Porsche are still in very high demand.
Lot # 232 1972 Intermeccanica Italia Convertible; S/N 50421414; Burgundy/Burgundy, Beige leather; Beige cloth top; Estimate $120,000 – $150,000; Recent restoration, 2- condition; No Reserve; Hammered Sold at $110,000 plus commission of 12.00%; Final Price $123,200. – 351/300hp Ford Cleveland engine, 4-speed, Cromodora alloy wheels with hub caps, power windows, air conditioning, console, Jaeger gauges. – Represented as one owner and 64,524 miles from new. Clean, fresh, fully restored engine bay and underbody. Dull, faded badges on the hub caps. Some light scratches on the steering wheel and some light smudges to the interior. Very good paint and chrome. Even gaps. Lightly worn replacement top. Restored by an Italian car specialist and very good, but not a concours car. – The Intermeccanica Italia looks like a Ferrari, goes like a Ferrari and is rare like a Ferrari. But it doesn’t sound like a Ferrari with a pushrod Ford V-8 under the hood, and it’s worth a fraction of the price as this spot-on result shows.
Lot # 233 1976 Porsche 911 935 Gr. 5 Turbo Coupe, Body by Kremer; S/N 9306700570; Engine # 6760705; Ice Green Metallic, Red, Gray, Silver stripes/Green leather, cloth; Estimate $150,000 – $200,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $155,000 plus commission of 12.00%; Final Price $173,600. – Slant nose bodywork, body color center Fuchs wheels, Zender power seats, Momo Prototipo steering wheel, power windows, air conditioning, special interior with custom cloth seats, Clarion cassette stereo, CB radio, corded phone, and fiberglass body panels added by Kremer, Porsche CoA. – Small scrape on the bottom front lip. Touch up on top of the front bumper. Small scrape on top of the whale tail and a scratch on the back of the right rear fender. Otherwise shiny, attractive Ice Green Metallic paint. Very good interior. Tidy underneath. Very wild Kramer-modified early 930 in good enough but not perfect condition. Displayed at the Munich Auto Show. – If you like slant noses, this is a very neat car with a lot of eyeball and interesting features like the multi-component rack-style stereo arrayed across the passenger’s knees. It also sold for a price not much different from what an ordinary early 930 in this condition would expect to sell for, making this quite a solid value even at a bid increment over the pre-sale low estimate.
Lot # 234 1965 Lamborghini 350 GT Coupe, Body by Touring; S/N 0232; Engine # 0229; Black/Cognac leather; Estimate $550,000 – $700,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $500,000 plus commission of 11.00%; Final Price $555,000. – Borrani wire wheels, Pirelli P6000 tires, Ansa exhaust, woodrim steering wheel, wood shift knob, power windows, air conditioning. – Represented as all-original except for a repaint some two decades ago and 59,831km from new. Several noticeable but forgivable scratches on the recently detailed paint, particularly on the tail. Tidy and unrestored underneath. Very good, lightly worn original interior. Very well preserved rare example of Lamborghini’s breakout model. One of just 120 built. – Not sold at a $580k high bid at RM Sotheby’s Amelia Island last year and bought here for a reasonable price. The repaint sets up a discussion of “original” versus “cosmetically restored” but the repaint is aged and has sufficient pleasing patina to overlook.
Lot # 235 1965 Ferrari 330 GT 2+2 2-Dr. Shooting Brake, Body by Vignale; S/N 07963; Engine # 09269; Beige Metallic/Tan leather; Estimate $550,000 – $750,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $280,000 plus commission of 11.79%; Final Price $313,000. – Borrani centerlock alloy wheels, Michelin XWX tires, Ansa exhaust, Blaupunkt pushbutton radio, power windows, air conditioning, fire bottle. – Good 2017 repaint and shiny but older chrome. Some scratches on the door and window trim. Scratched up door handles. A few light but long scratches on the rear glass. The doors both stick out slightly at the bottom. Worn, lightly cracked driver’s seat but mostly good interior. The famous one-off shooting brake by Chinetti Jr. and Bob Peak, believed to be the last Vignale-bodied Ferrari and shown at Turin in 1968. Restored in the `90s but repainted last year. Owned by Jay Kay (Jason Cheatham) from 2011-15. Totally unique, but few would call it gorgeous and its condition is a little on the tired side. – This is an interesting piece of Ferrari history, but when it comes to special coachbuilt cars, the pretty ones naturally command the most and the uglier ones are a bit of a mixed bag. The rectangular air intake and 6-bars over the headlights and wrapping around the front fenders are contrived, not to mention the chrome tiara on the b-pillar’s leading edge. This Vignale Shooting Brake hammered not sold at a $390,000 high bid at Bonhams Quail 2008, then hammered not sold again at a $475,000 high bid at Gooding & Company Pebble Beach last year, so people are willing to shell out a serious premium over a standard 330 2+2, but at the Petersen that premium was a lot more modest. It will be noticed, if not favorably, at any Ferrari or Italian coachwork gathering.
Lot # 236 1960 Alfa Romeo Giulietta SZ-1 Coupe, Body by Zagato; S/N AR1012600034; Engine # AR0010225263; White, Dark Blue stripe/Dark Blue vinyl; Estimate $600,000 – $750,000; Competition restoration, 3- condition; With Reserve; Not sold at Hammer bid of $540,000. – Hub caps, fire bottle, Perspex windows, spare engine block (AR131500156) and racing bucket seat. – First owned by Alfa dealer and racer Karl Foitek, remaining in his hands until purchased by the consignor in 2015. Raced in period at the Nürburgring, Innsbruck and Clermont-Ferrand. Subsequently used in historic racing. The older repaint is in fair condition, with small imperfections and orange peeling. The brightwork is in poor condition with dings, waves and scratches. Both rear quarter panel windows have stress cracks where they are connected to the pop out hinges. The dashboard and door panels have imperfections but are free of any large tears. The gauges are not exceptionally clear and the lettering has begun to yellow. The blue bucket seats are also in good condition. A neat, charming rare little Alfa with some decent racing history, and in its current condition would continue to make a great event car. – The Ess-Zed is the beginning of Alfa’s 60’s run of giant killing 1.3 and 1.6 liter Zagatos. Lightweight, brilliantly powerful for their engine size and nearly mystically responsive to drivers’ inputs, they made Ferrari SWBs work hard to keep up on tight circuits. The reported high bid here is realistic, even taking this SZ-1’s long history with its original owner into account.
Lot # 237 1961 Mercedes-Benz 190SL Roadster; S/N 12104010025444; Engine # 12192810003335; Tunis Beige, Black hardtop/Black; Black cloth top; Estimate $200,000 – $240,000; Recent restoration, 2+ condition; With Reserve; Not sold at Hammer bid of $190,000. – Two tops, wheel covers, whitewalls, fitted luggage, tool kit, owner’s manual, Becker Europa radio. – Restored by SL- Classics in Germany. Excellent paint. The brightwork is exceptional and free of any flaws. The interior is in great condition and has been fully restored. Fully restored to very high standards and shows no significant wear. – 190SL values shot way up in 2013-14, and suddenly these budget classic sports cars were worth enough to pour serious money into for restorations, and vintage Mercs like this do require serious money to be done right. Values have gone down significantly but remain high, but the highest quality cars like this are the only ones that still get serious money. This sold for $264,000 at RM Arizona in 2014 at the height of the 190SL frenzy, then came back to earth with a $170,000 high bid at RM Sotheby’s Amelia Island in 2017. This even higher bid could have easily seen it off to a new home but the consignor has an outdated concept of what the car is worth, even as good as it is, and is living in an alternative 190SL reality rooted in 2014. It’s a $150,000 car today; tomorrow it will be a $149,999 car, etc.
Lot # 238 1967 Toyota 2000GT Coupe; S/N MF1010158; Engine # 3M10204; Pegasus White/Black; Estimate $500,000 – $700,000; Visually maintained, largely original, 2 condition; With Reserve; Hammered Sold at $460,000 plus commission of 11.09%; Final Price $511,000. – Alloy wheels, Bridgestone tires, dual wing mirrors, woodrim steering wheel, factory radio, wood dash, aftermarket air conditioning. – Very clean but not overly detailed unrestored engine bay. Good but older paint and brightwork. Very good original interior. Sold new in Japan, imported to the U.S. in 2013. Never restored but never needed to be since it has enjoyed careful ownership from new. – Toyota 2000 GT prices peaked in 2015 after a sharp rise, with a few selling for over $1M, then sharply declined over the following year and have been mostly flat since. This one got bid to a modest but fair $675,000 at RM Sotheby’s Arizona in 2016 but didn’t sell. This result is seriously low, and essentially project car money for a perfectly good and usable car. It’s a great buy for the new owner who bought it at a discount from a declining value curve.
Lot # 239 1972 Ferrari Dino 246 GT Coupe, Body by Pininfarina; S/N 04396; Engine # 0010459; Grey metallic/Grey leather; Estimate $250,000 – $325,000; Visually maintained, largely original, 2- condition; With Reserve; Hammered Sold at $235,000 plus commission of 12.00%; Final Price $263,200. – Campagnolo wheels, Michelin XWX tires, Ansa exhaust, air conditioning, Realistic (Radio Shack) cassette stereo, leather-wrapped Momo Prototipo steering wheel, factory tool kit, manuals, jack and spare. – Always a California/Nevada car, with the present owners since 1987 and represented as 67,599 miles from new. Very good older repaint other than a few tiny chips on the nose and a cracking chip on top of the engine cover. Good original brightwork. Very good original interior in rare grey leather. Light wear to the bolsters and a small scrape on the probably original mouse fur dash top are the only major signs of age. A pampered, mostly original Dino in unusual but attractive colors. – RM accurately read the Dino 246 GT tea leaves in setting the pre-sale low estimate; once the darlings of collectors, Dinos have shed value like a duck’s feathers shed water in the past two years. They are delightful drivers on winding roads, and they are beautiful. With 195hp, they’re also slow and easy meat for a Civic Type R at a stoplight. This is a realistic result for a quality Dino 246 GTS.
Lot # 240 1974 DeTomaso Pantera L Coupe, Body by Ghia; S/N THPNPU07346; Engine # 06512; Red/Black; Estimate $120,000 – $160,000; Visually maintained, largely original, 2 condition; No Reserve; Hammered Sold at $120,000 plus commission of 12.00%; Final Price $134,400. – Campagnolo wheels, Goodyear Arriva tires, power windows, air conditioning. – The 4,819 miles showing are represented as original. Original tires. Recent mechanical sorting. The front bumper is dull and splotchy. Very good original paint other than a touchup on the tail, although the engine cover looks to have been repainted poorly with orange peel down the sides. Excellent original interior. Clean and unrestored underneath. A Pantera that’s actually been left alone, not to mention pampered like a Ferrari and barely ever driven. – The later U.S. market Pantera Ls, festooned with plastic bumpers and down on power, are naturally worth less than the purer early cars, but any Pantera is both collectible and a good value in terms of performance and looks compared to the equivalent thoroughbred Italians. This one brought a huge premium for being unmolested, well preserved and barely driven. The price was definitely huge, but not completely outrageous for its preservation in such pristine condition.
Lot # 241 1956 Ferrari 290 MM Spider; Body by Scaglietti; S/N 0628; Engine # 0628; Red/Red; Estimate $22,000,000 – $26,000,000; Older restoration, 2 condition; With Reserve; Hammered Sold at $20,000,000 plus commission of 10.03%; Final Price $22,005,000. – Painted Borrani wire wheels, Dunlop Racing tires, Marchal fog lights, woodrim steering wheel, Jaeger gauges, triple Webers, full width windscreen, driver’s head fairing. – Works car for 1956 and 1957 seasons. The last of four built and three remaining. Restored by Ferrari Classiche to its 1957 Sebring livery. Gorgeous paint, interior and underbody. Originally fitted with an 860 Monza four-cylinder and raced at the Mille Miglia by Peter Collins with Louis Klemantaski navigating, finishing second behind Eugenio Castelotti’s 290MM. DNF at the Nürburgring ADAC 1000km. Finished fourth at the Targa Florio, driven by Olivier Gendebien and Hans Herrmann. First in class at the Coppa d’Oro Delle Dolomiti. DNF at the Swedish Grand Prix, driven by Fangio and Castellotti. Then upgraded to a 290 S 4-cam engine for 1957, when it took third in Argentina with de Portago, Collins and Castellotti driving. Fitted with a 290 MM single overhead camshaft engine it was driven by Phil Hill and Wolfgang Von Trips to a DNF at Sebring. Sold to Jan de Vroom after Sebring, it was shifted back and forth among de Vroom, Chinetti and Temple Buell for Nassau Speed Week in 1957s. Stirling Moss drove it for Buell, winning the Memorial Trophy. Later raced by Dan Gurney for Chinetti at Watkins Glen to a class win and overall podium in 1958. Acquired by Jon Shirley from Luigi Chinetti, Jr. in 1998 and restored by Pete Lovely and Butch Dennison with subsequent concours and historic racing appearances. Restored by Ferrari Classiche by the present owner to 1957 Sebring specifications starting in 2011, Ferrari Red Book certified (no small accomplishment for a hard-raced and sometimes crashed Ferrari competition car) attesting to its original chassis, 1957 Tipo 130 engine, gearbox and body – Characterized by fails and a variety of engines, but driven by a litany of legendary drivers like Peter Collins, Alfonso de Portage, Olivier Gendebien, Umberto Maglioli, Juan Manuel Fangio, Eugenio Castellotti, Phil Hill, Wolfgang von Trips and Stirling Moss. Comes with a pontoon fender Scaglietti nose from somewhere in its varied career and with 320hp from its 3.5 liter engine is guaranteed to strike fear into the hearts of 250 Testa Rossa drivers on historic racing grids. The result here was guaranteed by RM or a 3rd party but is totally reasonable in the present market even though RM Sotheby’s got $28,050,000 for its sibling, s/n 0626, at New York in 2015