The culmination of RM Sotheby’s summer of Online Only was the online replacement for their annual blockbuster auction at Monterey, for online styled “Shift/Monterey”. With a total sale of $30¼ million it was at the top of the Monterey replacements with a total changing hands over twice either Gooding’s $14.4 million or Bonhams $12.8 million.
More significantly the Shift/Monterey auction culminated a series on Online Only auctions. Beginning with Online Europe Summer in late July and with Online North America a week later RM put together a total of $42,430,180 in sales. 220 cars crossed the virtual auction blocks of those three sales.
It wasn’t last year’s RM Monterey auction (where 134 sold of 184 offered, $ 107,137,710 total sale) but Monterey last year had 41 lots that reached a hammer bid of $1 million of which 20 sold. At Shift/Monterey there were 10 lots with hammer bids of $1 million or more of which 5 sold for a total of $11,000,000 including commission.
RM and others have, however, demonstrated that it’s reasonable to sell 7-figure cars in the online only or blended online/live context which, as COVID-19 continues to upend our world, means that commerce continues.
Recent online auction results tell us some things:
- The easiest sales are late model limited edition cars with negligible miles and documented maintenance histories;
- Chancy cars or those with sketchy histories are hard sells;
- So are classics with old restorations, even when they’re available for pre-sale inspection;
- Shift/Monterey had 12 lots before WWII, only 5 sold, a 41.7% sale rate
Nevertheless comprehensive photo documentation and RM’s on-site inspection reports impart a high level of confidence among bidders as well as giving auction observers usually sufficient information to make informed conclusions about condition.
Is Online Monterey a satisfactory replacement for real, live Monterey auctions? Not by a huge margin. There is little excitement until a lot erupts into an irrational bidding competition. There is no interaction with friends. There is no opportunity to indulge in the thrill of the moment when a marvelous car achieves a benchmark result.
Bring on a vaccine so we can get back to social engagement instead of distancing.
Here are the numbers:
|Year||Cars Sold/ Offered||Sale %||Sold < Low Est||Sold > High Est||Average Sale||Median Sale||Total $|
Observations are by Rick Carey and Andrew Newton.
Lots are sorted in lot number order.
Photos are © 2020 RM Sotheby’s, used with permission and have photographer credits where noted. They are overprinted © Rick Carey’s Collector Car Auction Reports only to deter unauthorized use.
[Report updated August 22 with additional lots and August 24 with a revised description of #228, the Porsche 962.]
Lot # 106 1959 Berkeley SE492 Roadster; S/N 597; Blue/Red; Estimate $25,000 – $35,000; Older restoration 2- condition; No Reserve; Hammered Sold at $32,000 plus commission of 10.00%; Final Price $35,200. – 492/30hp Excelsior inline 2-stroke 3-cylinder, 4-speed sequential manual, front wheel drive, Brooklands aero screens. – Restored in 2009. Represented as the 597th of 666 492 models built. Some paint chips off the edges of the wheels and one crack in the body, but otherwise very good paint. Very good restored interior with new-looking seats. Very clean engine bay. One of very few cars out there that can make a Mini look massive. Located in British Columbia. – Berkeley was an automaker born of a partnership between a car designer and a caravan (British-speak for camper) company. Berkeleys were powered by various engines, but all were tiny. The basic Berkeley formula was a fiberglass and aluminum monocoque with a small two- or three-cylinder bike engine (of either two- or four-stroke) mounted transversely and powering the front wheels, an unusual arrangement in the 1950s. The 492 model used an Excelsior two-stroke triple of 30 horsepower, enough for an 80-mph top speed. It’s unusual to see one that has had so much money put into it, and that explains this huge result, which comes out to about $1,173 per hp but a weight/power ratio of 23lb/hp without driver or passenger (an incentive to keep to a rigorous diet.)
Lot # 109 1989 Lamborghini Countach Silver Anniversary Coupe; S/N ZA9CA05AXKLA12615; Black/Tan leather; Estimate $250,000 – $300,000; Unrestored original 2- condition; With Reserve; Hammered Sold at $250,000 plus commission of 10.00%; Final Price $275,000. – 5,167/455hp V-12, 5-speed manual, OZ Racing wheels, Pirelli tires, euro front bumper, power windows, climate control, Alpine CD stereo, tools. – Owned by the consignor since 1997. Showing 9,423 km (5,855 miles). Some chips on the front bumper and nose, some cracks on the driver’s side rear fender, road rash on the passenger’s rear fender, cracks below the windshield, small touch up on the front edge of the driver’s door and chips the rear side of the wheel openings. Small dent on the roof. Small scuff on the driver’s side door sill and light creasing on the seats but otherwise very good interior. Clean, lightly aged engine bay. Mostly forgivable flaws given the age of the age of the car, but it could be better given the mileage and the ownership history. Located in Indiana. – After 22 bids, this very late Countach sold exactly where it should have, right at the beginning of its $250-300,000 estimate range.
Photo Teddy Pieper
Lot # 111 1982 Ferrari 308 GTSi Spider, Body by Pininfarina-Scaglietti; S/N ZFFAA02A3C0041493; Engine # 02288; Rosso Corsa, Black roof panel/Brown leather; Estimate $50,000 – $70,000; Visually maintained, largely original 3+ condition; No Reserve; Hammered Sold at $64,000 plus commission of 10.00%; Final Price $70,400. – 2,927/205hp, fuel injection, 5-speed, Borletti air conditioning, power windows, 5-spoke alloy wheels, Michelin TRX tires, Blaupunkt CR-2010 cassette stereo, Nardi leather-rim steering wheel. – Mediocre old repaint over old paint and some evidence of underlying body repairs. The front valence, air dam and rocker panels are painted in a color matching chip resistant material like spray on bed liner. There are minor touched up stone and edge chips. The original interior is in very good condition with some scuffing, areas where the brown dye is worn through to natural leather. The gauges are bright and crisp, as are the controls. Belt serviced in January 2017 with new water pump, front brakes and air conditioning compressor. A sound and well-maintained mostly original car – This sound but well-used 308 GTSi sat at only $35,000 with 3 minutes until the scheduled bidding close. What ensued was something like a 19th century land rush as the bidding went on and on through extension after extension. It soon became silly as good money was thrown in after bad to arrive at this irrational price. There were at least 34 bids in total with a dozen of them coming after the scheduled bid close. The new owner better hope to be very happy with the car because much of the money spent on it is gone forever.
Photo Teddy Pieper
Lot # 113 1958 Lancia Aurelia B24S Convertible, Body by Pinin Farina; S/N B24S1502; Engine # B241619; Ivory, Black hardtop/Dark Red leather; Black cloth top; Estimate $225,000 – $275,000; Visually maintained, largely original 4+ condition; With Reserve; Hammered Sold at $215,000 plus commission of 10.00%; Final Price $236,500. – 2,451/118hp, two dual choke Weber carburetors, 4-speed, silver painted wheels, Michelin X tires, two tops, Lancia woodrim steering wheel, tool kit, jack – Chipped and cracking but generally sound old mediocre-quality repaint. Cracked, stiff body and window seals. The paint on the rear of the hardtop below the window is surfaced rusted and pitting where there is a now-missing rubber seal, elsewhere it is microblistered. The engine compartment is correct and complete but aged, with fuel residue and surface rust. The original upholstery is scuffed through and surface cracked with a pulled seam in the driver’s seat cushion. Old, worn carpet. Chrome is thin everywhere and peeling on the rear bumper. Dirty original chassis with old undercoat. Highly original, complete and usable as it is, but probably better suited for a restoration project. Dr. Raymond Boniface collection. – The B24 Convertible has long been overshadowed by its predecessor, the 1955-only B24S Spider America, yet its style and performance is similar and it is much more comfortable and weather tolerant. This is a strong but not unreasonable result for a B24S with a long single owner history going a long way to offset its evident use and age. Both sides of this transaction should be satisfied with the result.
Photo Teddy Pieper
Lot # 114 1957 Alfa Romeo Giulietta 750D Spider, Body by Pinin Farina; S/N AR149501623; Engine # AR131541594; White/Black vinyl, Red piping; Black cloth top; Estimate $80,000 – $120,000; Visually maintained, largely original 3- condition; No Reserve; Hammered Sold at $53,000 plus commission of 10.00%; Final Price $58,300. – 1,290/90hp twin cam four, Solex 2-barrel carburetor, 4-speed, IPRA heater, silver wheels with Michelin tires, rubber floor mats over the red carpets. – Yellow gauge lenses, thin chrome bezels, rusty Pinin Farina radio blank plate. Road grimy original chassis and suspension. The steering wheel center cap is missing, probably because there’s a shiny new Nardi woodrim wheel and hub kit in the trunk. Sound old repaint with minor flaws. Weak chrome. No RM condition report. A usable driver quality Alfa. Dr. Robert Boniface collection. – The $80-120,000 pre-sale estimate must have thought there were two Webers from the factory under the hood of this Giulietta. The bidders weren’t misled, however, and bought it right where it should have been bought with only four bidding extensions that didn’t erupt into a bidding contest.
Lot # 115 1964 Ferrari 250 GT/L Lusso Berlinetta, Body by Pininfarina-Scaglietti; S/N 5379; Engine # 5379; Ivory/Red leather; Estimate $1,200,000 – $1,400,000; Visually maintained, largely original 3 condition; With Reserve; Hammered Sold at $1,360,000 plus commission of 10.00%; Final Price $1,496,000. – 2,953/240hp, 3×2 Weber carburetors, 4-speed, chrome spoke Borrani wire wheels, Pirelli P5 tires, Marchal fog lights, FIAMM air horns, alternator, build sheet copy documented, spare wheel and tire, tool roll, jack. – Represented as the numbers-matching drivetrain. Original except for a good older repaint that is showing its age with a few stress point cracks, stone and edge chips and some troubling blisters in the rocker panels. The engine compartment is seriously orderly and correct. Suspension is road grimy but the underbody has been redone and is extremely good. The original upholstery is lightly soiled and creased with seat belt wear on the bolsters but has no tears or pulled seams, appropriate to the claimed 46,792 miles. Good carpets, dash and gauges. Extensively mechanically refreshed in 2017. A cherished car that has gotten what it needed without ever being apart, a marvelous survivor that deserves to be preserved. Dr. Raymond Boniface collection. – An interesting and unique color combination added significant value to this Lusso, helped by the fact that’s it turns out to be pretty. It’s clearly been carefully owned and looked after throughout its life and traveled very few miles (835/year.) It brought as much as some meticulously restored Lussos do, but its value goes below skin deep and the new owner got a singular example for an appropriate premium price.
Lot # 116 1966 Ferrari 275 GTS Spyder, Body by Pininfarina; S/N 07805; Engine # 07805; White/Blue leather; Blue cloth top; Estimate $1,600,000 – $1,800,000; Visually maintained, largely original 3+ condition; With Reserve; Not sold at Hammer bid of $1,400,000. – 3,286/260hp, 5-speed, chrome spoke Borrani wire wheels, Vredestein tires, Carello headlights, tools, jack, owner’s manual, Ferrari Classiche Red Book certified. – Represented as matching numbers everything. Very good paint in an unusual but attractive color scheme. Good chrome and top. The upholstery is mostly original although the seat cushion ribbed inserts appear to have been replaced. The driver’s seat is scuffed and surface cracked, the passenger’s seat is similar but the cracks are more severe. The engine compartment is very orderly but has some oil mist and fluid seepage. The frame and underbody are original and clean. The replacement of some components like springs and shocks is evident. Largely original, pampered and with known ownership and 27,380 miles from new, this is a highly desirable 275 GTS. – Sold by RM at Monterey in 2014 for $1,760,000, then at Monaco in 2016 for $2,023,885 (Euros 1,792,000 at the time.) Like the Lusso sold just before it, a good portion of the value of this GTS is in its preservation while the modest price offered for it here fails to take much if any of that premium into account. The seller’s decision to value the car more than the money offered is entirely understandable.
Photo Ryan Merrill
Lot # 120 2005 Ferrari 575 GTZ Coupe, Body by Zagato; S/N ZFFBV55AX50140719; Dark Blue, Avorio roof/Light Brown leather; Estimate $1,750,000 – $2,250,000; Unrestored original 2 condition; With Reserve; Not sold at Hammer bid of $1,500,000. – 5,748/515hp V-12, F1 gearbox, modular wheels, Pirelli P Zero tires. – One of six total built and two sold new in the U.S. Showing 3,678 miles. Located in Florida. – The 575 GTZ came about when a Japanese collector commissioned Zagato to build a 575-based coachbuilt coupe, but Zagato wound up building six GTZ coupes along with three convertibles based on the 550 Barchetta. We haven’t seen one sell before, the closest reference being a $1.1M no-sale for s/n 127928 at RM in Monaco six years ago. That was Euros 800,000 while this bid is Euros 1,267,600, a 56% increase in six years. It’s also the current value of a better-than-new 575M… with an extra zero… which seems appropriate but apparently not enough for the consignor.
Photo Tim Scott
Lot # 122 1980 BMW M1 Procar Coupe; S/N WBS59910004301195; Red, Blue, White/Black; Estimate $600,000 – $800,000; Competition restoration 2- condition; With Reserve; Hammered Sold at $830,000 plus commission of 10.00%; Final Price $913,000. – 3.5/470hp inline six, 5-speed, centerlock wheels, Goodyear Eagle racing tires, Sparco seat, Momo steering wheel. – The 36th of 54 BMW M1 Procars built. Bought new by Joe Crevier to use in IMSA GTO and riven by Crevier and AL Unser Jr to eight class podium finishes in 1981-82. Restored from 2006-09 by Graber Sportgarage in Switzerland and since vintage raced at the Le Mans Classic, Spa and Monza. Showing some light wear and use from competition since its restoration but nothing serious. Located in the UK. – The event eligibility, good looks, serious performance, and decent history offered by this car resonated with enough online bidders to bring it comfortably above its presale high estimate. Bidding was at $700,000 with 22 total bids in the final minutes of the auction, then got extended several times in 10 and 20 grand intervals to a final tally of 33 bids. Several people really wanted this M1.
Lot # 123 1960 Mercedes-Benz 300SL Roadster; S/N 19804210002520; Engine # 19898010002570; Anthracite, Anthracite hardtop/Beige leather; Black cloth top; Estimate $1,000,000 – $1,250,000; Recent restoration 2+ condition; With Reserve; Hammered Sold at $950,000 plus commission of 10.00%; Final Price $1,045,000. – 2,996/250hp, 4-speed, hubcaps, wide whitewalls, two tops, luggage. – Restored about five years ago and still impeccable. An unusual car with just four owners since it was new. – Sold by Gooding at Scottsdale in 2018 for $1,100,000 and now showing 1,028 miles, 791 more than it had then. Its excellent condition and four-owner history might have brought a premium, but this result is reasonable in today’s environment.
Lot # 125 2019 Ferrari GTC4Lusso Coupe, Body by Pininfarina-Scaglietti; S/N ZFF82WNA6K0245696; Blu Pozzi/Terra Bruciata (Scorched Earth), Black bars; Estimate $250,000 – $300,000; Unrestored original 2 condition; With Reserve; Hammered Sold at $235,000 plus commission of 10.00%; Final Price $258,500. – 6,262/680hp, 7-speed paddle shift, diamond cut alloy wheels, yellow calipers, yellow tach face, SF shields, Revocromico roof, adaptive headlights, suspension lift, chrome grille surround, sports exhaust, ventilated power seats, Apple CarPlay, passenger’s display screen, front camera. – It cost $380,537 when new, has been driven only 58 miles and is still like new. No service history, but it’s less than two years old. – A technical tour de force with four-wheel drive and steering and a bit more power than its predecessor the FF but still far from the most attractive Ferrari ever built. It is, however, practical with seating for up to four and room for a weekend’s luggage. The seller left at least $145,000 on the table after 58 miles, a good portion of which probably was with a Ferrari mechanic at the wheel. This is the least expensive GTC4Lusso to cross an auction block, which is probably indicative of its depreciation curve.
Lot # 126 1931 Pierce-Arrow Model 41 Convertible Victoria, Body by LeBaron; S/N 3050235; Engine # 325760; Khaki, Burgundy fenders and accent/Burgundy leather; Beige cloth top; Estimate $375,000 – $450,000; Older restoration 1 condition; With Reserve; Not sold at Hammer bid of $320,000. – 385/132hp inline eight, 3-speed, chrome wire wheels, body color hubs and rims, 18 inch blackwall tires, dual sidemounts with mirrors, metal luggage trunk, Arrolite taillight, Tilt Ray headlights, dual driving lights and horns, dual inside mirrors. – Superb paint, brilliant chrome, sharp interior with minor seat edge scuffs, crisp gauges. Chassis and underbody are better than new. A concours Pierce that is the only known surviving Model 41 with this coachwork, showing little age or use since its 2008 Pebble Beach class win, Best in Show winner at the Concours d’Elegance of the Eastern U.S. in 2012. The odometer shows 8,878 miles, only five more than it did in 2016. – Sold by RM at Monterey in 2012 for $385,000, then at Hershey in 2016 for $456,500. The muddy colors are typical of the era of its restoration but do not commend themselves to a 2020 audience. The depreciation was noted in RM’s $375,000 low estimate but rejected by the bidders with this very conservative bid for an extraordinary and rare example.
Lot # 129 1956 Mercedes-Benz 300Sc Coupe, Body by Sindelfingen; S/N 1880145500029; Engine # 1999805500002; Metallic Burgundy/Beige leather, Burgundy piping; Estimate $475,000 – $575,000; Concours restoration 1 condition; With Reserve; Hammered Sold at $440,909 plus commission of 10.00%; Final Price $485,000. – 2,996/175hp, column shift 4-speed, Becker Mexico AM-FM, Bosch fog lights, chrome wheels, hubcaps, alloy rims, wide whitewall tires, power brakes, halogen headlights, single rear seat. – Gorgeous paint with occasional light polishing swirl. Brilliant chrome, lovely correct engine compartment and fully restored chassis and underbody. Beautiful, high gloss interior wood trim. Flush panel fits, even gaps. A concours quality automobile with seemingly every detail attended to, represented as the original engine documented by the factory build sheet. – Sold by Gooding at Scottsdale in 2014 for $550,000, then at Pebble Beach in 2015 for a huge price of $671,000. It then crossed the block at Bonhams Scottsdale in 2016 and Mecum Monterey seven months later where it attracted bids of $510,000 and $450,000 without selling. Bid to $430,000 on the block and closed post-block with this realistic result.
Lot # 131 1929 Duesenberg Model J Supercharged Convertible Sedan, Body by Murphy; S/N 2192; Engine # J-169; Metallic Green, Metallic Olive fenders and accent/Olive leather; Black cloth top; Estimate $850,000 – $1,100,000; Older restoration 3+ condition; With Reserve; Hammered Sold at $710,000 plus commission of 10.00%; Final Price $781,000. – 420/320hp supercharged inline dual overhead camshaft eight, 3-speed, chrome wire wheels, whitewalls, dual sidemounts with mirrors, black cloth covered luggage trunk, outside exhaust head pipes, mesh hood sides, Twilite headlights, Jaeger chronometer, firewall number 2192. – CCCA National First Prize no. 1054, 1988 AACA Senior winner. Chipped paint on the top frame, broken axle rebound strap. Good late 80’s restoration by Al Billing, supercharger added during restoration. The paint is chipped in a few places, checking in others but overall is sound and presentable even in the dated but still attractive colors. The chrome is good as is the upholstery, top, dash and gauges. Considering the restoration’s age it is in remarkable condition. – With an excellent owner provenance and a clear history it is surprising (and a little unsettling) that this Duesenberg has never come under the scrutiny of the A-C-D Club experts. The Murphy convertible sedan coachwork is both attractive and practical and the price it brought here is representative for its supercharger upgrade and the caliber of its restoration.
Lot # 137 1978 Ferrari 308 GTB Berlinetta, Body by Pininfarina-Scaglietti; S/N 26003; Engine # 00814; Black/Beige leather; Estimate $75,000 – $95,000; Visually maintained, largely original 3- condition; No Reserve; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500. – 2,927/255hp, four Weber carburetors, 5-speed, Blaupunkt Bamberg stereo, alloy wheels, Michelin XWX tires, rear Koni shocks and Superformance springs, smog pump removed, owner’s manual, tool kit, spare, Veglia air conditioning. – Sound but chipped and aged partial original paint. Good probably original interior. Clear gauges and switches. Belt service in 2017. A desirable carbureted 308 GTB that hasn’t been mistreated as much as it was neglected. – While the 308 GTSi that was sold earlier today attracted heedless bidding to an astounding price the bidding on this sound but aged carbureted 308 GTB was measured and responsible. The buyer and seller should be satisfied with the result which reflects its originality.
Lot # 138 1965 Citroen DS21 Concorde Coupe, Body by Chapron; S/N 4350009; Engine # DX000712; Midnight Blue, Shell Gray/Tan leather; Estimate $175,000 – $225,000; Older restoration 3+ condition; With Reserve; Hammered Sold at $145,000 plus commission of 10.00%; Final Price $159,500. – 1,911/75hp inline 4, column-shift 4-speed manual, Robergel wire wheels, Michelin XAS tires, gold brightwork, Marchal auxiliary lights, Jaeger dash clock, Radiomatic pushbutton radio, power windows. – Ordered new from Chapron for a French architect. Lightly restored in 2000. Cosmetically freshened more recently. No inspection report from RM. Light wrinkling on the seats and a large tear on one side of the driver’s seat. Small wrinkle on the glovebox door as well as lightly worn switchgear but the interior looks quite good, just never fully restored. Dry weather stripping. Tidy engine bay and underbody with light grime and age from use. Dull exterior trim with a few dings and deplating in spots. One door doesn’t fit flush with the body. No show car, but a reasonably well cared for piece of unique French coachbuilt magnificence. Located in Indiana. – This Chapron-bodied DS went to Quail Lodge last year and was a $140,000 no-sale. Expectations reflected in the $175-225,000 pre-sale estimate remained unchanged in the past 12 months, but this is still a rational number considering the car’s age and wear and only $5,000 hammer more than a year ago. The price isn’t far off what a standard Chapron-bodied DS convertible in this condition would expect to bring.
Lot # 139 1972 Ferrari 365 GTC/4 Coupe, Body by Pininfarina; S/N 14871; Engine # 00110; Grigio Argento/Nero leather, Red cloth inserts; Estimate $250,000 – $325,000; Visually maintained, largely original 3+ condition; With Reserve; Not sold at Hammer bid of $210,000. – 4,390cc/320hp, 5-speed, chrome spoke Borrani wire wheels, Michelin XWX tires, power windows, air conditioning, Becker Mexico cassette stereo, Ansa exhaust, Marelli ignition modules. – Represented as 36,505 miles from new. Unevenly masked repaint with minor flaws and cracks, old undercoat but very clean underneath. Good interior, wiper scratched windshield. Good gauges and interior controls. Painted door window frames. Clean, orderly engine compartment. Driver’s door doesn’t close flush and the front of the hood fits unevenly. Silver shrink-wrap bubbling and peeling on the seatback hinges. A competent driver-quality C4 – Reported sold by Bonhams at Quail Lodge in 2015 for $324,500 and bid to $240,000 at Gooding Pebble Beach last years. The odometer has added just 11 miles since then. Given the readily apparent trend of auction transactions the seller should give serious consideration to adjusting expectations.
Lot # 140 1964 Ferrari 500 Superfast Berlinetta, Body by Pininfarina; S/N 6043; Engine # 6043; Verde Scuro/Black leather; Estimate $2,250,000 – $2,500,000; Unrestored original 2- condition; With Reserve; Not sold at Hammer bid of $1,980,000. – 4,963/400hp, 5-speed, chrome spoke Borranis, Blaupunkt Cologne multiband, power windows, glovebox door mounted Heuer Master-Time clock and Monte Carlo timer, recently added air conditioning and electric power steering, Ferrari Classiche certified. – Ordered by Lord Hanson with special features including lowered driver’s seat, repositioned window switches and ashtray. Kept until 2000, 15,591 miles from new, two owners, well documented. Filler in left sill under door. Decent original paint and good original interior. Engine and chassis aged. Thin chrome. An attractive driver showing its age but also good care and attention. – Sold by Brooks at Gstaad in 2000 for $263,685 (CHF 443,500 at the time and by RM at Maranello in 2009 for $968,048 (Euros 650,000 at the time). It is a gorgeous car with impressive special details. Would another bid or two have bought it? They should have.
Lot # 141 1967 Maserati Mexico 4.7 Coupe, Body by Vignale; S/N AM1121118; Rosso Rubino/Black leather; Estimate $120,000 – $140,000; Cosmetic restoration 2- condition; With Reserve; Hammered Sold at $97,000 plus commission of 10.00%; Final Price $106,700. – 4,719/290hp V-8, 5-speed manual, Borrani wire wheels, Pirelli tires, power steering, woodrim steering wheel, wood dash, wood shift knob, air conditioning, later Kenwood cassette stereo. – Sold new in Rome, originally finished in silver. One of 485 Mexicos built and 175 fitted with the 4.7-liter engine (up from 4.2). Represented as largely original underneath. Older chrome with a small scratch on the front bumper. Pitting on the window trim and door handles. Wheels look tired. Good paint. Good interior with sound wood and clear original gauges, although the trim rings are pitted. Plastic on the bumperettes is dry and cracking. Unrestored but tidy and maintained underneath. Mostly solid. Located in Indiana. – Conservatively styled by Maserati standards but still attractive, fast and comfortable with room for four, this Vignale-styled Mexico could have easily sold for more than this. It has before, selling for $137,500 in Scottsdale three years ago but that was then. RM sold AM1121026, a car in comparable condition, in Arizona in January for exactly $300 less. This is a sound value in a sound car.
Lot # 142 1958 Jaguar XK 150S 3.4 Roadster; S/N S830856DN; Engine # VS12059; Dark Green/Biscuit leather; Tan cloth top; Estimate $150,000 – $200,000; Concours restoration 1- condition; With Reserve; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. – 3,442/240hp, close ratio 4-speed, overdrive, chrome wire wheels, wide whitewalls, Radiomobile radio, fog lights, JDHT certificate documented. – Gorgeous paint, chrome and interior. Breathtaking underhood. Represented as the numbers-matching engine. A fifteen year JCNA National Champion to 2012 with ten JCNA 100-point scores. The 1997 restoration’s age is beginning to show but it is still better than most cars restored much more recently. – The odometer on this wonderful Jaguar has added only 223 miles since Bonhams sold it at Scottsdale in 2014 for $242,000. Sold within its $150-200,000 estimate range and especially appealing with the close ratio 4-speed and overdrive, it is a sound buy in this transaction.
Photo by Darin Schnabel
Lot # 146 1967 Ferrari 275 GTB/4 Berlinetta, Body by Pininfarina-Scaglietti; S/N 10045; Engine # 10045; Yellow/Black leather; Estimate $2,500,000 – $2,750,000; Older restoration 2 condition; With Reserve; Not sold at Hammer bid of $2,300,000. – 3,286/300hp, 5-speed, chrome spoke Borrani wire wheels, Michelin tires, 2017 Ferrari Classiche certification. – Represented as the original engine and gearbox. Good paint, chrome and interior but aged and neglected chassis. The engine compartment is fastidiously presented and detailed. Restored in the late 90’s by Legendary Motorcar Company for a Speedvision (as it was then known) production, then bought by Skip Barber who had the engine rebuilt and the chassis professionally tuned and set up. Gone through by Greg Jones about 2015 and in excellent condition. – This car is a snapshot of the 275 GTB/4 market. Sold for $341,682 by RM at Dan Spendick’s Toronto auction in 1999 (CDN 475,100) fresh from its Dream Car Garage restoration and on 5-spoke alloy wheels. RM sold it in Arizona ten years later for $918,500. Russo and Steele had it at Monterey seven months later where they reported it bid to $875,000, then RM sold it at Monaco in 2010 for $1,020,538 (EUR 767,200.) It’s still the beautiful car it was at Monaco, just worth twice as much although difference between the reported high bid and the reserve must have been surpassingly small as this bid is a reasonable value for a 4-cam.
Lot # 149 1951 Allard J2 Roadster; S/N 99J2123; Light Blue/Red; Estimate $300,000 – $350,000; Older restoration 2- condition; With Reserve; Not sold at Hammer bid of $260,000. – 390 cid Cadillac V-8, Muncie 4-speed manual, triple Stromberg carburetors, Offenhauser valve covers, Borrani wire wheels, tonneau cover, engine-turned dash, fire bottle, headlight stone guards. – Delivered new in Michigan and fitted with a 331-cid Cadillac engine. Raced in period at Thompson, Bridgehampton and Watkins Glen. It was even ice raced. Fitted with a DeSoto Hemi engine later in the `50s and ran 150.75 mph at Bonneville. Stored for about 35 years and then restored for vintage racing. Some paint blisters around the hood bulge and some shrinkage around the cowl. Small dent behind the driver’s side front fender. Pitting on the hood handles. Very good interior. Clean detailed engine bay. It may not have the original engine in there, but few Allards of any kind do. This is a great mount for vintage racing. Located in Indiana. – Allard prices can vary greatly depending on configuration, provenance and what kind of V-8 is under the hood. This car ticks a lot of the right boxes other than being the short wheelbase J2 which is less suited to larger drivers. The reported high bid is appropriate for a J2 with a Cadillac.
Photo by Jasen Delgado
Lot # 151 1972 Porsche 916 Coupe; S/N 9142330011; Yellow/Brown pattern cloth; Estimate $900,000 – $1,000,000; Older restoration 2- condition; With Reserve; Hammered Sold at $870,000 plus commission of 10.00%; Final Price $957,000. – 2.4/190hp, 5-speed manual, Fuchs alloy wheels, Yokohama tires, fixed roof, pushbutton radio. – Factory prototype delivered new to Louise Piëch, Ferdinand Porsche’s sister. Sold to Otis Chandler in 1979 for $30,000 (about $107,000 today), and eventually made its way back to Europe in 2008 and received a full restoration. Showing little to no wear since. The seats, which have unusual but charming paisley corduroy pleated inserts, are original but a set of new leather seats are reportedly included in the sale. Located in Florida. – Nearly a million dollars for a 914 seems crazy, but this isn’t a normal 914 and technically it isn’t even a 914 at all. The 916 was based on a standard 914 tub but extensively modified by Baur with a fixed steel roof, reinforced chassis, and fender flares for the 916’s larger wheels and tires. Porsche fitted either a 2.4- or 2.7-liter engine, up from the 2.0-liter in the regular 914/6 and enough motor to equal the highest performing 911s in terms of performance. Porsche built just 10 916s before canceling the project due to sheer cost, so it’s rare to see one anywhere. But to see one owned by a member of the Porsche family that also isn’t in the Porsche museum is seriously special. It brought 19 total bids to this realistic result that, while expensive is still shy of the Euros 928,000 ($1,094,000) brought by the original 1971 916 prototype and the $995,000 brought by the Daytona-winning 914/6 GT sold in Scottsdale this year.
Lot # 152 2006 Ferrari Superamerica Convertible; S/N ZFFGT61B000146649; Engine # 102314; Rosso Corsa/Beige leather; Estimate $240,000 – $260,000; Unrestored original 2- condition; With Reserve; Hammered Sold at $213,636 plus commission of 10.00%; Final Price $235,000. – 5,748/540hp, Fiorano package, 5-spoke modular alloy wheels, Bridgestone tires, Daytona style seats, climate control, 6-speed paddle shift, electrochromic roof, Becker CD stereo, personalized for Paul J. Ostling, red calipers, SF shields, red tach face, Ferrari Classiche Certified. – 8,614 kilometers and remarkably unblemished except for light creasing on the seat bolsters. The Revocromico glass roof panel shows no defects. – The 8,614 km on this Superamerica’s odometer is about 300 km more than it showed when sold by RM at Amelia Island in March of this year for $268,800. Bid to $220,000 during the live auction, the discounted result in this post-block concluded transaction is a realistic cost for the seller changing his or her mind.
Lot # 155 1966 Chevrolet Corvette 427/425 Coupe; S/N 194376S108199; Engine # T1129IP6108199; Milano Maroon/Saddle leather; Estimate $125,000 – $150,000; Original, with major mechanical repairs 3+ condition; No Reserve; Hammered Sold at $110,000 plus commission of 10.00%; Final Price $121,000. – 427/425hp L72, 4-speed, centerlock alloy wheels, Tiger Paw radial narrow whitewalls, teakwood steering wheel, AM-FM, updated with power brakes and power steering (original parts included.) – Formerly owned by Chip Miller, founder of Corvettes at Carlisle. Mechanically restored in 1999 by Kevin Mackay, but the body and interior were wisely left alone. Shows 16,538 believable miles. Original paint is worn through in some spots and bubbling up in others, but the flaws are quite minimal for its age. Honest, clean engine bay has some paint flaking off in spots. The interior is in terrific shape for one so original, with very little wear present on the seats, door panels or dashboard. Bloomington Gold Special Collection in 1989. – This is a popular Corvette as shown by it selling at every auction where it appears albeit at declining prices. The auctions were Gooding Pebble Beach 2009 ($143,000), Gooding Amelia 2014 ($137,500) and RM Monterey 2018 (120,400). Its largely preserved condition is good enough to be driven, the mechanical rebuilt by Kevin MacKay can be expected to be flawless, and the added power steering and brakes make it much easier to use and enjoy. A sound value.
Photo by Evan Kein
Lot # 157 1928 Rolls-Royce Phantom I Etoile Town Car, Body by Hibbard & Darrin; S/N S275FP; Engine # 22757; Burgundy, Black, Black leather padded roof/Black leather, Grey broadcloth; Estimate $175,000 – $250,000; Older restoration 2- condition; With Reserve; Hammered Sold at $155,000 plus commission of 10.00%; Final Price $170,500. – 7,668/113hp, 4-speed, chrome wire wheels, wide whitewalls, dual sidemounts with mirrors, soft driver’s tendelet, padded roof, rollup division, jump seats, black leather covered luggage trunk, drum headlights and cowl lights, pulldown rear compartment shades. – Restored in the naughts by specialists and nicely preserved since with barely noticeable paint defects and wonderful interior upholstery, woodwork, glass and controls. The tendelet is wrinkled but fits snugly. The engine compartment has some incorrect clamps, a little paint loss and some surface rust on iron components as well as some fluid seepage residue. No longer concours-ready but a magnificent car for tours and local shows. – RM offered this PI at Monterey in 2011 where it was bid to $235,000, then sold it at Amelia in 2018 for $335,000. It crossed the RM Arizona block in 2019 to a woeful high bid of $190,000 but in sharp contrast with the result here, a hammer bid of just $155,000. The new owner should be proud of both the car and the moderate price paid for it.
Lot # 206 1964 Maserati Quattroporte 4-Dr. Sedan, Body by Frua; S/N AM107012; Engine # AM107012; Ivory/Tan leather; Estimate $75,000 – $95,000; Older restoration 2- condition; No Reserve; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500. – 4,136/260hp V8, four Weber carburetors, 4-speed, Vredestein tires, Voxson Silverstone radio. – Paint, chrome and interior are uniformly excellent aside from some scuffs on the rear seat back. The trunk and engine compartment fall in the same category. The chassis and underbody are repainted over old undercoat that has peeled in places. Restored at the Riverside International Auto Museum to unusually high standards for a Q-porte and still in excellent condition. – The early Qportes with distinctive and practical coachwork by Frua are best when there are three pedals and a 4-speed which this example has. It appears to be in impeccable condition inside, outside and underneath and is a remarkable if underappreciated value in this transaction.
Lot # 207 1950 Jaguar XK 120 Alloy Roadster; S/N 670053; Engine # W10958; Light Blue/Suede Green; Black vinyl top; Estimate $100,000 – $150,000; Unrestored original 4 condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000. – 3,442/160hp, 4-speed, later production car steel bonnet, steel wheels, hubcaps, skirts, top and side curtains, Lucas tri-bar headlights, tool roll, JDHT production trace certificate documented. – A barn find after almost four decades in storage, now “loosely assembled” from the hulk and boxes of parts. Represented as matching numbers engine block, gearbox and body (F1076), unnumbered cylinder head. Dull old repaint, rusty chrome, stiff upholstery, tattered top. The description notes that the engine has been bored out and is free. There is an impressive 1 hour 15 minute video by Richard Michael Owen showing it as found and then partially assembled. Apparently complete and impressively sound but has only limited potential for mechanical resuscitation as a preservation class car before heading to a shop for a comprehensive restoration, a potentially rewarding, but expensive, project. – The new owner is deep into this car, at the top of RM’s pre-sale $100-150,000 estimate range, with little headroom left for the mechanical recommissioning this XK 120 needs, let alone the comprehensive restoration that lies in its future. This result is seriously optimistic.
Lot # 208 1970 Ferrari 365 GT 2 + 2, Body by Pininfarina; S/N 12777; Rosso Nearco/Black leather; Estimate $150,000 – $180,000; Cosmetic restoration 3 condition; With Reserve; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. – 4,390/320hp, 5-speed, Blaupunkt multi-band radio, air conditioning, power windows, chrome spoke Borranis, power steering and brakes, Koni coilover shocks, jack, partial tool kit. – Sound but flawed repaint, decent chrome and interior. Orderly and correct engine compartment. Weak chrome here and there, some paint chips and stress point paint cracks but flush panel fits and even gaps. The chassis is older, has some high-center scrapes, paint loss and surface rust. A usable but flawed car in presentable driver condition. – Sold by RM at Ft. Lauderdale in 2007 for $78,300 and observed there to be “Seriously aged and neglected underhood. Wheel rims badly corroded. Strange, cheap woodrim steering wheel with wood segments coming loose and crazed plastic center cap.” It has had attention since, but isn’t going to win any prizes and the seller should be very happy with RM for getting this much for it.
Lot # 211 1970 Ferrari 246 GT Dino Berlinetta, Body by Pininfarina-Scaglietti; S/N 00690; Engine # 135C0000005495; Rosso Corsa/Black vinyl; Estimate $300,000 – $350,000; Cosmetic restoration 3+ condition; With Reserve; Hammered Sold at $400,000 plus commission of 10.00%; Final Price $440,000. – 2,429/195hp, three Webers, 5-speed, Cromodora centerlock alloy wheels, Pirelli tires. – An early “L-series” example. Decent recent repaint over old paint with chipguard painted front valence. Good chrome and interior except for a pulling seam in the driver’s seat cushion and white frosted rear window gasket. Orderly restored engine and road dirty chassis. FCA Gold in 2010 and today a good driver quality Dino. – Sold by Gooding at Scottsdale in 2011 for $170,500 when the odometer showed 52,416km contrasted with the 52,460 on the clock today. In 2017 it crossed the RM block at Arizona where it was reported bid to $315,000 with 52,450 km. The bidders there and here both appreciated the early “L-Series” configuration giving it a value approaching its 206 GT Dino predecessor. Its condition leaves a lot to be desired and it is expensive in this transaction but not as expensive as it would have been three years ago if it had sold at its $315,000 high bid.
Lot # 213 1958 Fiat 1200 Wonderful Coupe, Body by Vignale; S/N 103G388137; Engine # 103G000410575; White, Gold/Black leather piped in White; Estimate $175,000 – $225,000; Recent restoration 2+ condition; With Reserve; Hammered Sold at $165,000 plus commission of 10.00%; Final Price $181,500. – 1,221/63hp inline four, dual carburetors, column-shift 4-speed manual, wheel covers, removable roof panel, Nardi woodrim steering wheel. – Restored in 2018 in the UK. All is fresh and gorgeous and done to a high standard. RM claims as few as two or three of these cars, penned by Giovanni Michelotti at Vignale, were built. Located in Florida. – Compared to the other Michelotti-designed Fiat in the sale (Lot 225), this car is much more pleasing to look at. One might even say wonderful, a lovely marriage of American styling cues like the two-tone tailfins with the face of a larger European gran turismo. One particularly nifty feature is the removable center roof panel, years before either the Triumph TR4 Surrey Top or the Porsche 911 Targa. Its performance is moderate at best but it has rarity and character in spades, so this result isn’t surprising for a car that artfully combines “cute” with rarity, both big factors in the perception of buyers.
Lot # 214 1956 Austin-Healey 100/M Le Mans Roadster; S/N BN2L230966; Engine # 1B230966M; Red, Black/Red; Black leatherette top; Estimate $175,000 – $225,000; Visually maintained, largely original 3 condition; With Reserve; Hammered Sold at $175,000 plus commission of 10.00%; Final Price $192,500. – 2,661/110hp, 4-speed, overdrive, five silver painted wire wheels, Vredestein tires, comes with tired and cracked original seats, tool roll, side curtains, BMIHT documented, 100 M Registry listed – Sound older repaint, good upholstery, gauges and chrome. Orderly engine compartment showing some age and a fair amount of road grime on the chassis. Not restored but looked after as needed. – Sold by RM at Amelia in 2015 for $206,800 with a few subsequent miles, new seats and upholstery and other attention. A factory 100/M Le Mans is a rare sight and the bidders can be understood for getting excited about it, especially at $15,000 or so less than it brought five years ago.
Lot # 216 1994 Mercedes-Benz E60 AMG 4-Dr. Sedan; S/N WDB1240361C106711; Engine # AMG11997600379; Saphirschwarz/Black, Gray leather; Estimate $125,000 – $155,000; Unrestored original 3+ condition; With Reserve; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500. – 6.0/375hp V-8, automatic, three-piece OZ Racing wheels, body kit, 2.65 rear axle, AMG exhaust, AMG brake system, self-leveling suspension system, AMG body kit, maple interior trim. – Special order paint. German-market delivery, and ordered under Mercedes-Benz’s general-use company vehicle account, possibly for a company exec. In Japan from 1995 until earlier this year. Showing 144,486 km (89,779 miles) but looks like a car with a fraction of that. Very good original paint aside from some light cracking around the front spoiler. Very good interior. Very light general wear underneath. New tires. Recently overhauled transmission and rear diff. A used but solid, maintained, and well-optioned AMG from late in the “pre-merger” era. Located in Connecticut. – Vintage AMGs and particularly pre-merger cars (from the days when AMG was still an independent company) have gained a serious following recently. Only a few years ago this would have seemed like crazy money, but in 2020 it’s about right. Only its high mileage kept it from being a six-figure car.
Lot # 218 2005 Ferrari 612 Scaglietti ‘Manual’ Coupe, Body by Scaglietti; S/N ZFFAA54A050142651; Azzuro California/Dark Blue leather; Estimate $250,000 – $275,000; Unrestored original 2- condition; With Reserve; Hammered Sold at $295,000 plus commission of 10.00%; Final Price $324,500. – 5,748/540hp, 6-speed manual, silver calipers, power heated front seats, climate control, Becker Silverstone CD changer stereo, PZero tires, power windows. – 5,692 miles and still almost like new with a small crack noted at the trunk lid corner and light driver’s seat wear. – Reported sold by Auctions America at Ft. Lauderdale in 2012 for $100,100 showing 4,147 miles compared with today’s 5,692 miles. That was before the “6-speed manual” craze took off. Still, this is a relatively eye-opening result that exceeded even RM’s $275,000 high estimate. The special paint helped (and it looks good on this model), but still…? How many of the buyers clamoring for a late Ferrari 6-speed instead of the paddle shift F1 gearbox can even manage 540hp and a standard transmission, particularly in the usual exercise they get, around town and in traffic. A 6-speed gets old fast in traffic. It is a driveline combination that deserves open roads and high speeds. The fact that this 612 had accumulated only 1,545 miles since 2012 is a good indication of just how difficult it is to enjoy.
Lot # 219 1959 Jaguar XK 150S 3.8 Fixed Head Coupe; S/N T825028DN; Engine # VAS10019; Dark Green/Suede Green leather; Estimate $200,000 – $250,000; Modified restoration 3+ condition; With Reserve; Not sold at Hammer bid of $130,000 plus commission of; Final Price $130,000. – RHD. 3,781/265hp inline six, 4-speed, overdrive, limited slip axle, Lucas driving lights, chrome wire wheels, Michelin Green X tires, upgraded during restoration with power rack and pinion steering, negative ground alternator, high flow radiator, electric fan, air conditioning, trunk-mounted Sony CD changer stereo and the chrome wire wheels (original wire wheels included), JDHT certificate documented. – The first XK 150S 3.8. Owned after its 2002 restoration by then Ford CEO Jacques Nasser. Mediocre quality repaint with nasty surface rust inside the fuel filler door, bashed wheel nuts, erratic chrome. There is paint loss in the restored engine compartment. The upholstery is inviting but surface creased and stretched. The interior wood is good, but some controls and gauge bezels have thin chrome. This is probably a good, sound driver quality XK 150S and significant because it is the first of its type, but age and use are showing, not to mention a restoration that was less than meticulous. – While this is a significant XK 150S 3.8 FHC its restoration with bells and whistles desired by a U.S. auto executive accustomed to being coddled do not do it justice, nor does the caliber of care it has received in the last eighteen or so years. The reported high bid here is a realistic one for the car’s condition and modifications and has a modest premium for this car’s position at the root of the XK 150S 3.8 tree. It could have been realistically sold for the reported high bid or a little more.
Lot # 220 1970 Alfa Romeo Giulia GTA Junior Sprint, Body by Bertone; S/N AR775979; Red/Black vinyl, cloth inserts; Estimate $225,000 – $275,000; Competition restoration 3+ condition; With Reserve; Hammered Sold at $215,000 plus commission of 10.00%; Final Price $236,500. – 1,290/180hp, 40DCO Webers, close ratio 5-speed, woodrim steering wheel, OMP bolt in rollbar, add-on fender flares, 13-inch Campagnolo alloy wheels, Dunlop Racing 4.75/10 tires, 4-point Schroth belts, extra wheels and tires, race history documentation. – Raced when new in Austria with period documentation. Very good paint and chrome. Neat interior and engine compartment. Clean and orderly but definitely used and enjoyed. – Sold by Bonhams at Quail Lodge in 2016 for $255,750 where it shows 74,991 km compared with today’s 76,009, a difference of 1,018 km. It’s my auction report, and I’m going to express myself because I have GT Jr. in the barn. It’s not a GTA, but it has fiberglass Autodelta flares and wide Panasports. The engine is a later 2000 with 45DCOE Webers. The Alfa wants to run over 3000 rpm and 5000 is, well, ordinary freeway onramp speed. Maintained and gently used, this is a sound value in a wonderful car.
Lot # 221 1963 Daimler SP250 Roadster; S/N 101195; Silver Blue Metallic/Tan leather; Tan top; Estimate $60,000 – $75,000; Older restoration 2- condition; No Reserve; Hammered Sold at $57,000 plus commission of 10.00%; Final Price $62,700. – 2,548/142hp V-8, 4-speed manual, wire wheels, banjo steering wheel, Smiths gauges. – One of 2,654 SP250s built. Good paint and chrome, but the windshield frame is pitted. Uneven fit on the hood and trunk. Some scuffs on the dash behind the steering wheel. Light wear on the driver’s seat. Decent engine bay with a recent detailing. Tidy underbody with older undercoating. Located in Indiana. – The SP250 (originally called the Dart, but Chrysler objected to that name) is a weird car top to bottom. First off, it came from Daimler – a company known for building limousines for the British upper classes and royalty, not fiberglass-bodied sports cars. As for the body, maybe the nicest thing you can say about it is that it’s interesting. Under the hood, meanwhile, isn’t a proper British straight-six but a little 2.5-liter hemi-head V-8. These cars are obscure but collectible, commanding around the same kind of money as the equivalent Austin-Healey but with a little more exclusivity. This one sold very well for a car with some wear and tear. It’s not an outrageous result, but better ones have sold for less, like this one which sold for $53,900 at Auctions America’s Ft. Lauderdale auction in 2016.
Lot # 224 1954 Edwards America Roadster; S/N 8C110808; Blue/Blue, Cream leather; Beige cloth top; Estimate $100,000 – $120,000; Older restoration 2- condition; With Reserve; Hammered Sold at $135,000 plus commission of 10.00%; Final Price $148,500. – Oldsmobile V-8, column-shift automatic, wire wheels, hub caps, whitewalls, woodrim steering wheel, boot cover, modern radio. – The Edwards prototype, one of just five of these sports cars built in total and two convertibles. Restored in the early 2000s and shown at Amelia Island in 2002. Featured in numerous magazines. Fit and finish are as expected from an early 1950s fiberglass car. A few paint cracks. Faded chrome. Light wear on the seats. Tidy older restored engine bay and underbody. Located in California. – West Coast businessman Sterling Edwards was already a successful racer when he decided to build road cars of his own, drawing on Italian performance cars like the Cisitalia for looks and using a combination of beefed up Henry J frames with various V-8 engines. Despite the talents Norman Timbs and Phil Remington, the Edwards America suffered the problem of just being too expensive, and now it’s just an interesting but obscure bit of American sports car history. This prototype is arguably the most desirable of the five and the most well-known. It sold for $110,000 in Amelia Island 10 years ago, so this price wasn’t a surprise, although exceeding RM’s high estimate of $120,000 may have been.
Lot # 227 1965 Ferrari 275 GTB Berlinetta, Body by Pininfarina-Scaglietti; S/N 06891; Engine # 06891; Rosso Barchetta/Tan leather; Estimate $1,800,000 – $2,000,000; Recent restoration 2+ condition; With Reserve; Hammered Sold at $1,800,000 plus commission of 10.00%; Final Price $1,980,000. – 3,286/240hp, three Weber DCZ6 carburetors, 5-speed, 10-spoke Campagnolo centerlock alloy wheels, Michelin tires, Ferrari Classiche Red Book certified with correct type replacement gearbox, original tool roll. – Excellent paint, interior, chrome, chassis and engine compartment. Not the original color but nonetheless spectacular and distinctive. The only noted flaw is some detritus under the headlight covers and some negligible engine dust. A superb short nose 275 GTB. – The estimate is right-on, the description is right-on and the price is right-on, a trifecta that took 22 bids to achieve but ended up in the right places at the right time. It was reported sold at the Rick Cole Monterey auction in 2014 for $2.2 million, which is hardly a benchmark and this result is right in 2020.
Lot # 228 1986 Porsche 962 IMSA GTP; S/N 962122; Red, White “Royal Crown Cola”/Black; Estimate $1,000,000 – $1,250,000; Competition restoration 2 condition; With Reserve; Not sold at Hammer bid of $900,000. – RHD. 2,994/780hp turbo intercooled flat six, 5-speed, fire system, BBS centerlock modular wheels, Goodyear tires, Motronic engine management, – Successfully raced by Dyson Racing in 1987 with two wins (Road Atlanta and Road America), three more podiums (Lime Rock, Portland and Sears Point and one pole (Laguna Seca). One owner since 1989. Restored in 1993, historic raced and again mechanically rebuilt with a fresh Porsche Motorsport North America engine and chassis rebuild in 2018. An abundance of the real deal like Penske coilovers and present in seemingly race-ready condition. – RM offered a 962-122 at Monterey in 2013 where it was bid to $650,000. Three years later the same car brought a bid of $750,000 at Mecum’s Monterey auction. It wasn’t this 962-122, however. This car was crashed at Watkins Glen in 1986 and rebuilt by the Dyson team using a new tub, reportedly from Fabcar, various bits and the original 962-122 chassis plate. It passed from Dyson to Porsche specialist Gunnar Racing and then to the present owner. The other 962-122 offered by RM and Mecum had reportedly been built from the original crashed tub, also by Gunnar Racing, a not-uncommon occurrence in the front line racing car world where from the remains of one car, two emerge. As a result, the reported high bid today is not really relevant to anything despite there being several advances in the final minutes, although the reported high bid and RM’s $1 million low estimate are reasonable for an historic 962 with a doppelganger.
Lot # 231 1930 Stutz MB Monte Carlo 4-Dr. Sedan, Body by Weymann; S/N M54CD17L; Engine # 32418; Light Grey leatherette, Black fenders, Burgundy accent/Red velour; Estimate $300,000 – $375,000; Older restoration 2- condition; With Reserve; Not sold at Hammer bid of $255,000. – SV16 inline eight, 322/113hp, 4-speed, chrome wire wheels, dual sidemounts, wide whitewalls, top-hinged windshield, luggage trunk. – Restored in the late 80’s, class winner at Pebble Beach in 1990, preserved since. Once lay hidden in A.K. Miller’s stash in Orange, Vermont, from whom it was acquired by Bill Ruger, and unusually for a “Nutzy Stutzy” car it hadn’t been messed with. Good older paint aside from buff through on the right front fender. Very good leatherette body covering and chrome. Lightly worn upholstery, good interior trim, woodwork and gauges. The engine compartment and chassis show their age but also the quality of the restoration. It isn’t a concours car any more but has style, class and a sinister appearance that will attract favorable attention wherever it goes. – Sold at the 2001 Hershey auction for $187,000 where it showed 41,987 miles, just 27 miles less than the 42,014 on the odometer today. This one of the final Stutz MBs that got the later SV16 engine. I has one of the most sinister body designs of the early 30’s with a low roof that could have been the inspiration for a later generation of hot rodders’ chopped Vickies. It is really attractive. “Nutzy Stutzy” was known for swapping parts among his Stutzes and for a rather liberal approach to describing the parts he sold, to the point where he was banned from advertising in Hemmings, and this Monte Carlo is fortunate not to have fallen victim to the Miller-touch. It’s a wonderful car, but the reported bid was realistic.
Lot # 232 1957 Mercedes-Benz 300SL Roadster; S/N 1980427500233; Engine # 1989807500251; Red, Red hardtop/Black leather; Black cloth top; Estimate $1,100,000 – $1,200,000; Older restoration 3+ condition; With Reserve; Not sold at Hammer bid of $870,000 plus commission of; Final Price $870,000. – 2,996/250hp inline six, 4-speed, chrome wheels, Goodyear tires, hubcaps, both tops, Becker Mexico radio, fitted luggage, owner’s and workshop manuals, M-B Classic Certificate. – Represented as matching numbers throughout, known history from new. Delaminating windshield. Sound older paint with touched up chips and paint lifting over the left front wheel eyebrow. Good lightly stretched upholstery. Good gauges but thin bezels and dashboard chrome. Good hardtop headliner. The engine compartment is clean and orderly but redone to high driver-quality standards, showing no leaks or dribbles. This is a well done, color-changed 300SL Roadster than a new owner would be proud to drive. – There is a bit of a gap between the bidders’ impression of this 300SL Roadster and that of RM’s $1.1-1.2 million estimate. Both parties have taken a stand and while RM might be closer to accurately reflecting its value the many issues and color change strongly influenced the bidders, who hedged their bets prudently. Had it sold at or close to the reported high bid it would have been a good value, above that the bidders are getting optimistic.
Lot # 233 1939 BMW 328 Roadster; S/N 85351; Engine # 361954; Silver/Black leather; Black cloth top; Estimate $500,000 – $600,000; Modified restoration 2- condition; With Reserve; Not sold at Hammer bid of $450,000. – 1,971 pushrod ohv hemi-head six, upgraded with three Solex downdraft carburetors, side exhaust, centerlock wheels, Dunlop Racing tires, leather hood straps, Brooklands aero screen included, rear-mounted spare wheel, Simpson racing belts, Volvo gearbox (period-correct gearbox included), alternator, skirts, black tonneau cover and uninstalled top and frame. – Several chips on the nose. Paint flaking off around the hole for the hand crank. Several cracks around the rivets in the hood. Long scratch on the right side of the hood and another right in front of the passenger’s side door. Very good interior with clear original gauges. Few small scratches on the wheels. Very tidy underneath. Unknown early history, but has been a vintage racer and event car since the 1980s and received restoration work in the 1990s. – Sold by RM at Monterey in 2016 for $550,000 and has added just 3km to its odometer since then. The upgrades in power, reliability and performance contribute to this 328’s enjoyment on the road, but detract from its authenticity, contributing to the less than enthusiastic bidding for it. It’s a tour and weekend driving 328 and this isn’t an inappropriate bid for it.
Lot # 235 1954 Alfa Romeo 1900C SS Coupe, Body by Touring; S/N AR190001678; Engine # AR130800792; Verde Ortica (Metallic Green)/Tan leather, Beige cloth; Estimate $225,000 – $250,000; Older restoration 2- condition; With Reserve; Hammered Sold at $205,000 plus commission of 10.00%; Final Price $225,500. – 1,975/115hp dohc four, dual Solex carburetors, column shift 5-speed, Borrani chrome spoke wire wheels, Michelin X tires, fog lights, woodrim steering wheel, heater. – Represented as the numbers matching engine. Excellent paint, chrome and panel fits. Exceptional upholstery, trim and gauges. Orderly engine compartment and chassis with minor evidence of use. The catalog description says it has a 5-speed with a column shift, a combination that seems to conflict, not to mention being unduly complex to manipulate. A beautiful example ready to tour with exceptional pride. – Sold by Coys at Monaco in 2004 for $89,223 and offered by Gooding at Amelia in 2019 where it was reported bid to $270,000. It’s an attractive 3-box coupe by Touring and it’s in very good condition with event eligibility that adds material value. All that makes it a good buy for an entry-level Mille Miglia-eligible entrant.
Lot # 238 1959 Ferrari 250 GT Coupe, Body by Pinin Farina; S/N 1433GT; Engine # 1433GT; Blue, Silver roof and rocker panels/Tan leather; Estimate $600,000 – $700,000; Older restoration 2+ condition; With Reserve; Hammered Sold at $580,000 plus commission of 10.00%; Final Price $638,000. – 2,953/240hp, internal no 0426, three dual choke Weber 36 DCS carburetors, 4-speed, chrome spoke Borrani wire wheels, woodrim steering wheel, Blaupunkt multiband radio, grille-mounted fog lights, hood scoop, Ferrari Classiche certified. – Gorgeous paint, chrome, upholstery, interior trim, gauges, engine compartment and chassis. Done to uniformly high standards without becoming a concours-queen. Restored in Germany in the early naughts, represented as the numbers-matching engine. Engine-out serviced in 2019 with a Marcovicci-Wenz engine rebuild. About as good as any sixty year old Ferrari could be and a history of preservation and maintenance that gives great confidence to bidders. – This is a generous price for a Pf coupe, but this is a special Pf coupe. It was sold by RM at Monterey in 2017 for $610,000 and brought only marginally more here today while still being in superb condition, a solid value in a special Ferrari.
Lot # 239 1930 Alfa Romeo 6C 1750 Gran Sport Spider, Body after Zagato; S/N 8513053; Engine # 8513053; White/Black leather; Black leatherette top; Estimate $700,000 – $900,000; Older restoration 3 condition; With Reserve; Not sold at Hammer bid of $400,000. – RHD. 1752/85hp supercharged dohc inline six, 4-speed, Bosch headlights and large center mounted driving light, spotlight, body color wire wheels, dual rear-mounted spares, Excelsior tires, folding windshield. – Rebodied in Italy in the 80’s on a shortened chassis renumbered to match the engine. Acquired by William McClenahan in 1990, class winner at Pebble Beach in 1990, historic raced by Scott McClenahan, later by his widow, Shaun. Bought by Peter Giddings in 2016 and offered from his estate. Sound old paint, interior and chrome all showing the restoration’s age and long enthusiastic use. There are chips and surface rust and cleaned up road grime, the essence of a desirable patina of use and enjoyment. – This is a great car for historic racing, tours and events. Why? Because it isn’t what it aspires to be. Shortened and renumbered chassis, replica Zagato coachwork and who knows what else is made up or assembled from assorted parts. It’s a nifty car for a driver like Peter Giddings, but it’s worth about what was offered for it here and not the triumphant $700-900,000 estimate range.
Lot # 240 2001 Ferrari 550 GT1 Prodrive Coupe; S/N ZFFZR49B000108418; Red/Black; Estimate $3,850,000 – $4,850,000; Recent restoration 2 condition; With Reserve; Hammered Sold at $3,900,000 plus commission of 10.00%; Final Price $4,290,000. – 6.0-liter V-12, Xtrac 6-speed sequential transmission. – The second of 12 550 GT1s built by Prodrive. Extensively campaigned from 2001-05 with a resume including 15 pole positions, 14 outright wins, and 29 podiums. Won the 2004 FIA GT Championship and took overall victory at that year’s Spa 24 Hours. Has since been fully rebuilt and will be delivered race-ready. Located in France. – During the early 2000s, Ferrari was too busy steamrolling everybody in Formula One to care much about sports car racing. The 550 racers that carried the Ferrari torch therefore weren’t factory-built cars but conversions done by Prodrive, the British outfit that ran Subaru’s championship-winning rally team. Prodrive’s creation was a real winner, and this car is one of the winningest, so its record-setting price makes perfect sense. Gooding & Company’s sale of a lovely long nose 1966 Ferrari 275 GTB on August 7 broke the world record for an online auction car at $3.08M. That record lasted barely a week before this car came along and sold for over $1M more. Bidding was fierce and protracted in the final minutes with extensions with bidders deploying all their bluff and feint techniques to try to gain an advantage. On a final note, although it’s a bit apples and oranges to compare the online “Monterey” sales this year with the real thing last year, it’s worth noting that if this car sold at the Portola in Monterey in 2019 it would have come in at number 10 on the week’s top 10 sales list.
Lot # 242 1949 Maserati A6 1500/3C Berlinetta, Body by Pinin Farina; S/N 086; Engine # 086; Deep Red/Blue leather, Beige corduroy inserts and rear seat; Estimate $550,000 – $650,000; Older restoration 2- condition; With Reserve; Not sold at Hammer bid of $500,000. – 1488cc single overhead cam six, 3 Weber carbs, 4-speed, Marchal headlights, chrome spoke Borrani wire wheels, Pirelli tires, woodrim steering wheel, tools, second set of five Maserati steel center, aluminum rim BOCA wheels and Blockley tires, electric radiator fan, trafficators. – Restored in the early 1980’s, multiple award winner through the 80’s, re-restored in 2010. Restored like new with excellent paint, chrome and interior. There are a few chips and cracks in the paint. Believed to be the first of only nine with triple Weber carburetors. The chassis shows some evidence of use but the interior is unblemished. The engine compartment is neat. – Sold by Bonhams at Quail Lodge in 2014 for $891,000, then by RM at Amelia in 2019 for $505,500 where the odometer read 4,982 km. It’s at 6,848 km today, 1,866 km in the last year and a half, which is sooo unusual. It’s understandable that the consignor may have wanted more, but that is not realistic in the current environment and this Maserati could have been sold with only little regret at the reported high bid.
Lot # 244 1991 Ferrari F40 Berlinetta, Body by Pininfarina-Scaglietti; S/N ZFFMN34A6M0087627; Engine # 25042; Rosso Corsa/Red cloth; Estimate $1,250,000 – $1,500,000; Unrestored original 2- condition; With Reserve; Hammered Sold at $1,260,000 plus commission of 10.00%; Final Price $1,386,000. – 2,936/478hp twin turbocharged V8, 5-speed, 5-spoke Speedline centerlock modular wheels, Pirelli tires, air conditioning, tools, manuals, Ferrari Classiche Red Book certified, Assembly No. 04828, U.S. delivery. – There is a lot of orange peel showing on the paint photography leading to some suspicion it may be a repaint. Also, there’s no record of major service. There are a few chips, scratches and some polishing swirl. The upholstery is sound with some stretch and foam deterioration on the driver’s seat. The engine compartment is essentially like new and the chassis is clean and dry consistent with the 6,407 miles showing. Last documented belt service was in 2011 at 5,925 miles. – At just a bit over RM’s $1.25 million low estimate, this enthusiast owned (several enthusiasts, in fact) limited miles F40 has the distinction of being regularly, if sparsely, driven to keep its vital fluids flowing. It took 26 bids to reach this result inching forward at the conclusion of the bidding in minimum $20,000 increments with only one extension. The result is fair to both buyer and seller.
Lot # 245 1964 Cooper Monaco T61M Sports Racer; S/N CM364; White, Red, Blue stripes/Black; Estimate $275,000 – $375,000; Competition restoration 2- condition; With Reserve; Not sold at Hammer bid of $225,000. – RHD. 327 Chevy with Kinsler port fuel injection, 4-speed transaxle, two seats, two-piece Minilite-style alloy wheels with painted centers and polished rims, Dunlop Racing tires, MSD distributor and ignition module, full width windscreen, ATL fuel cells, fire system, comes with a spare Hilborn injected 327 and spare reproduction nose panels. – Part of the original order for Monacos, one of two prepared with Chevy power by John Mecom and Jack Brewer; this is Brewer’s. Raced consistently for its entire history but still with the beautifully presented original body, chassis and BMC-Huffaker transaxle and comes with an owner’s and competition history. Recommissioned in 2018 including crack testing and new fuel cells at a cost of $100,000. Appears ready to race in unusually good cosmetic condition. – The history presented here is much more extensive and intriguing than this car (or at least cars with this chassis number) has enjoyed in the past. The result, however, was no different from its prior string of no-sales. These were at RM Monterey 2007 ($200,000), RM Arizona 2011 ($185,000), Russo and Steele Monterey 2012 ($225,000). It does benefit from its recent recommissioning, a major undertaking not rewarded by the Shift/Monterey bidders, and would be a sound value for an historic racer even at RM’s $275,000 low estimate.
Lot # 246 1971 Ferrari 365 GTB/4 Daytona Competition Berlinetta, Body by Pininfarina-Scaglietti; S/N 14065; Engine # B1018(See Text); Sunoco Blue, White headlight covers/Black leatherette, Blue cloth inserts; Estimate $2,250,000 – $2,750,000; Competition restoration 3 condition; With Reserve; Not sold at Hammer bid of $1,900,000. – 4,390/400+hp, six Webers, 5-speed, 9-inch front 11-inch wide rear centerlock alloy wheels, Avon tires, rollbar, Stewart Warner gauges, leather rim steering wheel, headrest seats. – Modified by Holman-Moody for Kirk F. White, raced at Sebring in 1972 driven by David Hobbs and Skip Scott to a disappointing dnf after 53 laps when the driveshaft bolts sheared. Never raced again. Spent years in Japan, later restored in its 1972 Sebring livery and configuration. It’s been historic raced, evidenced by stone chips and other details, but is clean, orderly and well-prepared. The engine used at Sebring was from the Cannonball Run Daytona and that block is included. The car itself has no competition success but is an intriguing sidebar on competition Daytona history. – Heavily promoted by RM before the auction with a video introduction and several press releases but not enthusiastically received by the audience during the auction. Its reputation relies on only one in-period race, Sebring 1972, where it completed only 53 laps. Perhaps more important is its Holman-Moody preparation and link in history and livery with the Cannonball Daytona also campaigned under the auspices of Kirk F. White. It’s a neat and nostalgic car with a real but unsuccessful race history and should be well-received and highly exciting to drive in historic events. When the reported bid is compared with Competizione Daytonas with successful in-period histories, however, it would have been prudent to take this bid, an all-in result of $2.1 million, seriously.
Lot # 247 1955 Triumph TR2 Works Race Car Roadster; S/N TS5534O; Engine # 771616TS; British Racing Green, Red nose/Tan leather; Estimate $190,000 – $250,000; Older restoration 2- condition; With Reserve; Hammered Sold at $185,000 plus commission of 10.00%; Final Price $203,500. – 1,991cc inline-4, 4-speed manual, centerlock wire wheels, Dunlop disc brakes, long range fuel tank, aero screens, driving lights, tonneau cover, tan hardtop with light on top, tools. – One of three works TR2s brought to Le Mans in 1955. Driven by Ninian Sanderson and Bob Dickson, it was the best-placed of the three in 14th overall (5th in class), ahead of its teammates in 15th and 19th places. Restored within the last 15 years with a replacement frame (the original frame is included). Sorted recently, as the consignor had planned to bring it to Le Mans this year. Small scratch on the front left and another on the left rear bumper. Small cracks on the hood and passenger’s side door. Small dent on the left side of the hood. Small scratch in the front middle of the hardtop. Very good interior. Tidy engine bay and underbody. An historic racer and for Triumph fans it’s a dream car, although riding on a replacement frame obviously isn’t ideal. Located in Austria. – A fairly straightforward result but also something of a bargain compared to the car’s 19th-place teammate, which sold at auction in the UK last November for a record £258,750 (about $331,000 at the time).
Lot # 249 1937 Bugatti Type 57C Ventoux Coupe; S/N 57584; Engine # 507; Black, Maroon sweep panel/Brown leather; Estimate $700,000 – $850,000; Rebodied or re-created 2- condition; With Reserve; Not sold at Hammer bid of $600,000. – RHD. 3,257/160hp, supercharged, 4-speed, chrome wire wheels with wheel discs, Michelin tires, Marchal Equilux headlights, covered rear spare, tools in a modern foam-padded tray, blue tinted sun visors. – As the online catalog says, this is a tale of two Bugattis, 57584, a Ventoux with engine 421, and 57644, a Gangloff sedan with engine 507. The car offered here is both, although still with the ID tag 57644. Good older restored paint, interior, chrome, glass, chassis and engine. The supercharger dates back to the 57584/57644 restoration and body swap. In any event, it is a beautiful car with a quality restoration in the 90’s that is holding up very well, a 1998 Pebble Beach Concours “Elegance in Motion” award winner and its convoluted history is amply documented. – Sold by RM from the Ponder collection in 2007 for $836,000, then by Gooding at Scottsdale in 2010 for $429,000 and by RM in a post-block transaction at Arizona in 2015 for $800,000. The $700,000 low estimate is reasonable considering this car’s history and excellent presentation and the reported high bid undervalues it.
Lot # 255 1956 BMW 502 Cabriolet, Body by Baur; S/N 59094; Topaz Blue/Beige leather; Beige cloth top; Estimate $300,000 – $350,000; Modified restoration 2 condition; With Reserve; Not sold at Hammer bid of $250,000. – 3,168/120hp, single 2-barrel carburetor, column shift 4-speed, tools, spare. – Excellent paint, interior, chrome, glass and top. Restored in Europe by specialists and displayed at Pebble Beach in 2016. BMW Group Classic Certificate of Authenticity although the engine is a later 3.2 liter replacing the original 2.6 and the brakes were upgraded to power. There is some evidence that some trim chrome was plated over small surface imperfections but other than that it is still in concours condition with lovely interior wood trim. – Sold by RM at Amelia in 2015 for $341,000 all-in ($310,000 hammer) and the odometer has added only 350 km since then. The restoration is still pristine and a successful bid of the $300,000 low estimate would not have been out of line for this rare and distinctive drop-top luxury BMW.
I appreciate the broad perspective combined with the specific knowledge you bring to these reports. These reports are a graduate-level education.
I’m glad you enjoy them, Alex.