Bonhams Fairfield Concours 2011 – Auction Report

735 DeSoto 1949 Custom Deluxe Station Wagon  620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 735 1949 DeSoto Custom Deluxe Station Wagon; S/N 6229408; Light Beige/Brown leatherette; Estimate $75,000 - $90,000; Older restoration, 3+ condition; Not sold at Hammer bid of $58,000 -- Thru row seating, wheel covers, wide whitewalls, dual remote spotlights, pushbutton radio, clock, heater, enclosed rear spare. Decent paint, chrome and interior. Thickly varnished old wood. A presentable driver quality old restoration. This DeSoto has been peddled all over the U.S. since 2003 with varying results, the most recent being at Auburn Fall in 2003 where it sold for $43,990 and at Branson Spring in 2008 where it brought a nearly unbelievable $81,000. The high bid here appropriately reflects the car's inherent value and its slowly deteriorating condition. It is crossed up with Lot 734, the Bentley Arnage, in the catalog on Bonhams' website.

P1030246 736 GMC 1991 S15 Syclone Pickup 1GDCT14Z1M8802546 SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 736 1991 GMC S15 Syclone Pickup; S/N 1GDCT14Z1M8802546; Black/Black velour; Estimate $15,000 - $20,000; Unrestored original, 2- condition; Hammered Sold at $15,100 plus commission of 17.00%; Final Price $17,667 -- Automatic, cassette stereo, vinyl bed cover, alloy wheels. 3,155 miles and nearly like new but not recently serviced and will need careful re-commissioning. No Reserve. A leftover from Bonhams Wally Lewis auction in June and bought right at this price.

P1030254 737 Mercedes Benz 1964 600 Limousine 10001412000107 SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 737 1964 Mercedes-Benz 600 Limousine; S/N 10001412000107; Black/Grey leather, Light Grey cloth; Estimate $75,000 - $90,000; Visually maintained, largely original, 3- condition; Hammered Sold at $50,000 plus commission of 17.00%; Final Price $58,500 -- Front and rear Becker Mexico cassettes, A/C, cruise control, division, jump seats, bar compartment, Euro headlights. Mostly original except for a mediocre old repaint and aged and worn as expected. Mostly good original interior wood veneer. Described on the block as 'everything works.' This is reasonable enough to go into livery service or a shared-ride vehicle for discerning car poolers. The ultimate post-war Mercedes-Benz, still appreciated by collectors and a sound value at this price.

P1030252 738 Jaguar 1968 XKE SI 4.2 2 + 2 IE78934BW SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 738 1968 Jaguar XKE SI 4.2 2 + 2; S/N IE78934BW; Engine # 7E55280-9; Red/Black leather; Estimate $25,000 - $35,000; Unrestored original, 3 condition; Not sold at Hammer bid of $18,000 -- Automatic, chrome wire wheels, blackwall tires, Alpine cassette, A/C. Open headlights. Dull but sound original paint, weak chrome, worn original front seats, badly surface creased and cracked but not torn (yet.) A sound original car with many needs. The bidders had a different view of this Jag than the consignor. To the bidders it's a hunchback 2+2 that desperately needs a lot of work. To the consignor it's an unmolested original XKE. The bidders were more right.

P1030282 739 Locomobile 1899 Style 2 Stanhope SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 739 1899 Locomobile Style 2 Stanhope; S/N N/A; Black, Red/Black leather; Estimate $50,000 - $70,000; Older restoration, 3 condition; Hammered Sold at $42,000 plus commission of 17.00%; Final Price $49,140 -- Righthand tiller steering, nickel trim, chrome and stainless bicycle-style wheels with treadless balloon tires. Includes custom trailer. Sound and attractive old restoration not used in a while and needing thorough recommissioning. An early starting time on the London to Brighton Veteran Car Run awaits this Loco, nearby Bridgeport's finest product and a experience in steaming. It's a good value at this price.

P1030250 741 Fiat 1963 600 Berlina Abarth Recreation 1537289 SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 741 1963 Fiat 600 Berlina 'Abarth' Recreation; S/N 1537289; Engine # 1687224; Light Green/Green, White vinyl; Estimate $12,000 - $16,000; Cosmetic restoration, 3 condition; Hammered Sold at $11,500 plus commission of 17.00%; Final Price $13,455 -- Whitewalls, spinner hubcaps. Erratically masked and painted assembled. Good new chrome and interior. Chassis repainted over old dirt. Superficially redone auction car. No Reserve. Sold by RM in Monterey in 2005 for $17,600, then by Bonhams in Greenwich earlier this year, both times as a "Fiat-Abarth" without qualification. Subsequent events seem to have caused it to be re-classified as a re-creation and brought it back to auction. It's bound to be a fun driver, though, even as a Faux-Abarth, particularly at this modest price.

P1030284 745 Stutz 1920 Model H Touring H8631 SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 745 1920 Stutz Model H Touring; S/N H8631; Engine # 6324; Rid, Black fenders/Brown leather; Black leatherette top; Estimate $50,000 - $70,000; Older restoration, 3 condition; Hammered Sold at $46,000 plus commission of 17.00%; Final Price $53,820 -- RHD. Red wire wheels, (yellow) whitewalls, overdrive added, dual rear spares, spotlight, Klaxon horn. Sound and usable old restoration with more recent paint. Surface cracked front seat upholstery, water stained top liner, dull nickel and chrome, road grimy chassis. A usable but not particularly presentable tour car. No Reserve. This old Stutz has an abundance of patina but also ample charisma and and appeal. It has plenty of enjoyable weekend tour miles still in it and dogs and grandkids can crawl all over it without detracting from its already well-used condition. Drive it, enjoy it, work on it and feel secure that it will hold its value while returning dividends of pleasure and satisfaction.

P1030286 746 Duesenberg 1935 Model J 4 Dr. Sedan 2144 copy SCD 900 620x393 Bonhams Fairfield Concours 2011   Auction Report

Lot # 746 1935 Duesenberg Model J 4-Dr. Sedan, Body by Derham; S/N 2144; Engine # J-310; Maroon; Beige cloth roof/Maroon leather; Estimate $475,000 - $525,000; Older restoration, 2- condition; Not sold at Hammer bid of $430,000 -- Wheel discs, dual enclosed sidemounts with mirrors, teardrop chrome headlights, raked grille. Firewall #2144. Very nice older restoration with excellent interior and chrome and good paint with only a few small stress cracks. An imposing and unusual automobile. RM sold this Duesenberg in Arizona in 2004 for $288,200 and it could have changed hands here today at the high bid without regret.

P1030214 748 Ford 1938 V8 Pickup SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 748 1938 Ford V8 Pickup; S/N N/A; Dark Grey/Black, Red; Estimate $20,000 - $25,000; Customized restoration, 2- condition; Hammered Sold at $14,500 plus commission of 17.00%; Final Price $16,965 -- 85hp flathead V-8, three Stromberg 97s, 3-speed, Yellow wheels, trim rings, hubcaps, blackwall tries, wood bed floor, stainless bed strips. Subtle red and yellow pinstripes. Good paint, chrome and interior. A cruising quality street rod without much spent on its interior other than a good restoration and bucket seats. No Reserve. The interior is this pickup's shortcoming and it can be remedied easily making this truck a very good value at this modest price.

P1030218 754 Chevrolet 1964 C20 4WD Pickup 4K254T107616 SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 754 1964 Chevrolet C20 4WD Pickup; S/N 4K254T107616; Metallic Blue/Gold vinyl; Estimate $10,000 - $15,000; Unrestored original, 3+ condition; Hammered Sold at $13,000 plus commission of 17.00%; Final Price $15,210 -- Chevy radio, Sears CB, four wheel drive, Fisher snowplow, sun visors, chrome front bumper, tow hitch rear bumper, bed liner, rear window wiper. Good original paint, chrome and interior. 5,383 miles from new. Bought new by a Maine character who outfitted all his trucks this way but rarely used them, then stored for years. No Reserve. The preservation and rare equipment of this truck make it particularly unusual. Most of its similar contemporaries are now 'field art' slowly being returned to the earth in the form of iron oxide. It's worth what it brought, and the collector car market won't soon see another like it, if ever.

P1030203 755 Ford 1951 F 4 Stake Body Truck SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 755 1951 Ford F-4 Stake Body Truck; S/N N/A; Black/Dark Red leatherette; Estimate $20,000 - $30,000; Truck restoration, 3+ condition; Hammered Sold at $13,000 plus commission of 17.00%; Final Price $15,210 -- Grey painted bed wood. Sound paint, chrome and interior. A usable truck restoration. No Reserve. With a business name painted on the door, and maybe a little fresh varnished wood to dress up the bed this will be a valuable advertising vehicle for less than the cost of a full page magazine ad.

P1030268 756 Ford 1928 Model A Panel Delivery SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 756 1928 Ford Model A Panel Delivery; S/N N/A; Dark Green, Black fenders/Brown leatherette; Estimate $25,000 - $30,000; Older restoration, 3+ condition; Hammered Sold at $14,000 plus commission of 17.00%; Final Price $16,380 -- Windshield visor and roof covered in Black leatherette with paint overspray. Single sidemount. Sound paint, chrome and interior. Thoughtfully restored some time ago and susceptible to a thorough detailing to bring back much of its luster. No Reserve. This is an unusual Model A body with unusual appeal and a certain amount of practicality to a homeowner, multi-car collector or business owner. At the price it is a very good value.

P1030270 757 Ford 1928 Model AR Phaeton SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 757 1928 Ford Model AR Phaeton; S/N N/A; Teal, Light Teal accent, Black fenders/Brown leatherette; Black leatherette top; Estimate $18,000 - $25,000; Older restoration, 3+ condition; Hammered Sold at $16,250 plus commission of 17.00%; Final Price $19,013 -- Black wire wheels, grey tires, rear-mounted spare. An older restoration with failing paint on the cowl but otherwise just showing some age. No Reserve. The early production status of this Model A as well as its unusual phaeton coachwork commend it to Ford collectors or to an individual who wants something different to start a conversation at Ford meets. The price is reasonable.

P1030272 758 Reo 1938 Speed Delivery SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 758 1938 Reo Speed Delivery; S/N N/A; Dark Green, Black fenders/Black vinyl; Estimate $25,000 - $35,000; Truck restoration, 3- condition; Hammered Sold at $15,500 plus commission of 17.00%; Final Price $18,135 -- Single sidemount, steel wheels, hubcaps, whitewalls. Repainted with some chrome work and mismatched upholstery, otherwise original and aged but sound. No Reserve. A very unusual vehicle that brought a modest price considering its rarity and style. The new owner got good value for not much money.

P1030266 761 Fiat Abarth 1959 750 SS Coupe 602924 SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 761 1959 Fiat-Abarth 750 SS Coupe, Body by Zagato; S/N 602924; Engine # 2395274 (originally 656641); Red/Tan leather, Black piping; Estimate $50,000 - $60,000; Competition restoration, 2- condition; Hammered Sold at $80,500 plus commission of 17.00%; Final Price $94,185 -- Woodrim steering wheel, steel wheels, Dunlop Racing tires. Generally good repaint except for blisters on left rear fender. Good upholstery, chrome and aluminum trim. Fire system. Missing its headlight covers. Tidy but not fresh non-matching engine that should detail to be much better. Sharp, crisp instruments. Gearbox needs work. No history before the most recent owner's acquisition 15 years or so ago. Enthusiastically received by the Westport bidders. Very enthusiastically.

P1030201 763 Bentley 1936 3 1 2 Liter Sports Saloon B81FC SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 763 1936 Bentley 3 1/2 Liter Sports Saloon, Body by Freestone & Webb; S/N B81FC; Engine # N5BS; Black/Brown bather; Estimate $50,000 - $55,000; Visually maintained, largely original, 3- condition; Hammered Sold at $46,500 plus commission of 17.00%; Final Price $54,405 -- RHD. Silver painted wire wheels, blackwall tires, dual carbs, tri-bar headlights, single driving light, sliding sunroof. Thick old repaint over old paint, weak chrome, cracked original upholstery. Sound and complete with attractive coachwork but tired, aged and used. This is a 'needs everything' car, but it's all there and has a good looking body which will make restoration straightforward and rewarding, particularly starting at this price. It will be easy to go overboard on the restoration, though, and end up with a beautiful automobile that is forever underwater financially.

P1030256 764 Bugatti 1938 Type 57 Series 3 Ventoux Coupe 57701 Concours Field SCD 900 620x465 Bonhams Fairfield Concours 2011   Auction Report

Lot # 764 1938 Bugatti Type 57 Series 3 Ventoux Coupe; S/N 57701; Engine # 494; Blue/Blue leather; Estimate $150,000 - $200,000; Unrestored original, 4+ condition; Hammered Sold at $300,000 plus commission of 12.33%; Final Price $337,000 -- RHD. Right front fender primed, left front fender partially stripped by grinding off the original paint, the rest of the body original, dull and dusty. Dull bright trim, surface creased and cracked original upholstery. Complete instruments, sound interior wood trim and steering wheel rim. Original matching numbers engine and chassis and original body with engine fire damage. History gap in the 40's and 50's but one owner since 1964 who fixed the operating faults but never completed the bodywork repairs. Bonhams' Eric Ide addressed the 47 year old problems and brought it to life for the auction where it was driven onto the Fairfield Concours field and across the auction block. Early clouds of smoke from Marvel Mystery Oil were gone by the time it reached the block, an impressive presentation. Bidding went right to $210,000, then slowed to steady competition among three bidders to this price. It is much more complete and sound than it first appears, being primed, stripped and original in patches that emphasize its barn-find character and disguises its completeness and originality. The new owner was overjoyed -- as were the family of the long term owner -- a happy ending to an epic tale.

[Source: Rick Carey]

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Comments

  1. Ira Cohen says:

    Interesting comments about the Maserati Quattroporte sale, especially that you could reasonably turn it into a coffee table. I find these cars scary and intriguing just the same. That said, they are not in the same performance ballpark as today’s 12-second quarter mile machines. Those listed are amazingly fast.

  2. Rick Carey says:

    I didn’t mean the car as a coffee table base. It is the engine, with a thick glass top resting on the Webers.
    I’m a former QP owner and know what it’s like to drive one (mildly exhilarating) and the menacing effect which that gaping grille has when coming up on slowpokes in the lefthand lane.
    On the other hand, there are three separate fuse boxes and a wiring diagram which looks like a spilled pot of spaghetti.
    It may not be as fast as an AMG, M or CTS-V but there’s nothing like sliding into that capacious butterscotch leather interior with burl wood trim to define luxury or listening to the pulse of eight wide open Weber throats.
    For Two Grand? That’s a thrill.

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About Rick Carey

One of the first people to report on the collector car market, Rick Carey’s market knowledge is unparalleled and he has one of the largest databases of auction transactions. Carey has a strong and recent background in racing, particularly road racing in International GT endurance competition and a particular interest and focus upon the collector car market including historical trends and economic analysis.