Gooding & Company Scottsdale 2013 – Auction Report

Gooding & Company Scottsdale 2013 – Auction Report Page Three

1965 Alfa Romeo Giulia Sprint Speciale

Lot # 132 1965 Alfa Romeo Giulia Sprint Speciale, Body by Bertone; S/N AR381285; Engine # AR0012101238; Black/Cognac leather, Grey piping; Estimate $200,000 – $225,000; Recent restoration, 2 condition; Hammered Sold at $180,000 plus commission of 10.00%; Final Price $198,000. – Silver steel wheels, hubcaps, blackwall tires, Talbot outside mirror, Blaupunkt AM-FM-SW, 5-speed. — Beautiful paint, chrome and upholstery but the underbody isn’t to the same standard. Engine compartment is enthusiastically overdone. The SS looks great in black. Restored like new with better cosmetics and a highly polished engine compartment, the color makes the lines of the Sprint Speciale stand out and probably contributed to the healthy price it brought. This is emphatically and by a wide margin a record price for a Giulia SS and rivals the $209,000 that Gooding got for the highly original ex-Briggs Cunningham Giulietta SS at Pebble Beach in 2011.

1965 Shelby Cobra 289 Roadster

Lot # 135 1965 Shelby Cobra 289 Roadster; S/N CSX 2509; Black/Black leather; Estimate $850,000 – $1,100,000; Unrestored original, 3- condition; Hammered Sold at $1,200,000 plus commission of 10.00%; Final Price $1,320,000. – Dual 4-barrel carbs, 4.11 rear axle, silver painted wire wheels, Dunlop blackwalls, wind wings, radio, grille and trunk guards, rack and pinion steering, SW gauges, Ford electrics. — Original paint buffed through in places. Original upholstery torn and cracked. Engine is orderly but aged as expected. Mechanically restored after 25 years in storage and 35 years in the same ownership while preserving as much as possible of its originality. 36,684 miles from new. Winner of the FIVA Award in the 2011 Pebble Beach Preservation Class. This is an expensive Cobra, even for a late rack-and-pinion car, with a significant premium (on the order of $500,000 significant) for originality.

1927 Ford Model T Roadster Pickup

Lot # 136 1927 Ford Model T Roadster Pickup; S/N 14730788; Dull Black/Black vinyl; Beige (faded) cloth top; Estimate $35,000 – $45,000; Unrestored original, 3- condition; Hammered Sold at $24,000 plus commission of 10.00%; Final Price $26,400. No Reserve – Ruckstell 2-speed rear axle, Warford Model A 3-speed conversion using the original Model T tranny as the clutch, dual sidemounts, chrome radiator surround, Studebaker 18″ wire wheels, two oil gauges on dashboard, Rajo overhead valve head, Simmons “Swan” intake with Zenith downdraft carb, coil ignition, Remy gear driven generator with pressure oil pump driven off the back, electric fuel pump, water pump, finned exhaust manifold, spotlight, rear view mirror. — Cracked old tires, dull old paint, faded top. Sidemount wells welded in by an apprentice, body sills repaired with riveted panels. New seat upholstery and door panels. Wonderful. Do nothing but keep it running. Chassis is clean, dry and lubricated. Bed is sound, with old wood floors. This T first showed up at the Worldwide auction in Houston in 2010 where it sold for just $18,700. It sold again at Worldwide’s Auburn auction in 2012 for $15,125. It is unbelievably cool, a magnificent piece of late 40’s hot rod ingenuity that abounds in neat details and it’s finally getting noticed with a more reasonable value, but even at this price it is a good value and an astute acquisition.

1957 Ferrari 250 GT Boano Low-Roof Berlinetta

Lot # 139 1957 Ferrari 250 GT Boano Low-Roof Berlinetta, Body by Boano; S/N 0605GT; Engine # 0605 GT; Red, Silver roof/Grey leather; Estimate $675,000 – $800,000; Recent restoration, 2 condition; Hammered Sold at $760,000 plus commission of 10.00%; Final Price $836,000. – Chrome spoke Borranis, Pirelli Cinturato blackwalls. — Restored like new with excellent paint, chrome and interior. Engine and chassis are thoroughly done without going overboard. Ferrari Classiche certified. The catalog describes this attractively presented Ferrari as ‘a long-term investment’, aptly put as there’s nothing left on the table at this price.

1962 Lotus 23B Sports Racer

Lot # 141 1962 Lotus 23B Sports Racer; S/N 23S80; BRGreen/Red vinyl; Estimate $175,000 – $225,000; Competition restoration, 2+ condition; Hammered Sold at $165,000 plus commission of 10.00%; Final Price $181,500. – Yellow wobbly wheels, braced driver’s rollbar, Ford 1600cc twin cam engine with Weber carbs, Hewland 5-speed transaxle. — Sharp, fresh, beautiful, complete restoration way better than when it left Lotus, and probably safer, too. Sold by Gooding at Amelia Island in 2011 for $203,500, offered by RM in Arizona last year with a high bid of $130,000. It does not appear to have had any track use at all since 2011. This is a magnificently restored and presented Lotus, ready for track or show field, that brought a reasonable price.

1956 Lancia Aurelia B24S Spider America

Lot # 147 1956 Lancia Aurelia B24S Spider America, Body by Pinin Farina; S/N B24S1123; Engine # B24S1092; Red/Black leather; Black cloth top; Estimate $400,000 – $450,000; Unrestored original, 4+ condition; Hammered Sold at $730,000 plus commission of 10.00%; Final Price $803,000. – Silver painted steel wheels, hubcaps, woodrim steering wheel, single carb, floor shift, no radio. — A barn find, one owner, 28,016 mile gem. Dusty and dirty but sound as a California car from new can be expected to be. Rusty chrome, buffed-through paint, stiff leather, dirty but complete under the hood. How much? An older restored B24S Spider America sold for $825,000 all-in at RM (with a dual carb intake) and this car needs a thousand hours or more to make it drivable without paying any attention to its seriously flawed cosmetics. This is a quandary for the new owner, and one for which a magnanimous price has been paid. It should have sold at a price approaching the low estimate. At nearly double the estimate it is over the top expensive.

1970 Lamborghini Miura P400 S

Lot # 152 1970 Lamborghini Miura P400 S, Body by Bertone; S/N 4548; Engine # 30517; Green-Gold, Silver sills and wheels/Blue vinyl, cloth; Estimate $650,000 – $800,000; Visually maintained, largely original, 3- condition; Hammered Sold at $600,000 plus commission of 10.00%; Final Price $660,000. – P/W, centerlock alloy wheels. — Really poor, superficial, poorly masked repaint. Underbody casually squirted. Worn and old but sound original interior. Seriously odd color combination. A car best avoided unless the cost of restoration is factored into the price paid. This Miura’s appeal is its survival in largely unmolested original condition but with the reprehensible repaint there’s little prospect of preservation. It should head straight to Gary Bobileff for a mega-buck restoration, but at this price the end result will be so far underwater it should be fitted with a periscopio.

1966 Ferrari 330 GT 2+2

Lot # 155 1966 Ferrari 330 GT 2+2; S/N 8523; Engine # 8523; Silver-Grey/Biscuit leather; Estimate $150,000 – $180,000; Older restoration, 2- condition; Hammered Sold at $250,000 plus commission of 10.00%; Final Price $275,000. – Chrome spoke Borranis, Pirelli P4000 blackwalls, Becker Europa multiband radio, P/W. — Very good older restoration that is holding up well and still looks relatively fresh. Engine compartment is tidy and orderly with only a little evidence of age. In 2002 Barrett-Jackson offered this Ferrari at the Petersen Museum where it attracted an unsuccessful bid of $55,000. At Christie’s Pebble Beach auction later that year it sold for $70,500, in essentially the condition in which it was offered here aside from some subsequent mechanical work by Motion Products. Even with good care and careful preservation of its old cosmetics this is a benchmark-setting price.

[Source: Rick Carey]

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