Leake Tulsa 2012 – Auction Report

Lot # 150 1966 Pontiac LeMans Convertible; S/N 237676P128317; Black/Black vinyl; Black cloth top; Visually maintained, largely original, 3- condition; Hammered Sold at $15,250 plus commission of 8.00%; Final Price $16,470 — 326/285hp 4-barrel, column shift automatic, buckets and console, Jensen cassette stereo, P/S, Rally II wheels, trim rings. Poor, chipped old repaint over old paint, sound old interior, dull old instruments and panel, cracked steering wheel. Rusty wheel rims, mismatched cheap tires. Black bombed underhood. Filled door bottoms. Good new cloth top. A neglected and superficially redone car. The un-GTO, treated about as well as could be expected and bought for an appropriate price.

Lot # 248 1990 Ferrari Testarossa, Body by Pininfarina; S/N ZFFSG17A5L0087232; Red/Beige leather; Unrestored original, 3+ condition; Not sold at Hammer bid of $42,000 — A/C, P/W, tools. Good original paint and interior. Clean CarFax. Offered at Mecum’s Monterey auction in 2011, then sold at Mecum Kansas City in December on its second trip across the block for $46,110. It’s not surprising it didn’t sell for this loss-making bid, but the consignor is self-delusional to think there’s any profit left after paying $46,110.

Lot # 409 1958 Chevrolet Corvette Convertible; S/N J58S103391; Engine # None; Red/Red vinyl; White vinyl top; Visually maintained, largely original, 3- condition; Hammered Sold at $31,250 plus commission of 8.00%; Final Price $33,750 — 283(?), 4-speed, Hurst shifter, radio, heater, spinner wheel covers, whitewall bias ply tires. Bad old repaint sprayed on body gaskets, peeling badly, dull. Sound interior, scuffed old chrome. No engine number. Underbody and chassis are old and grungy. Rear license plate lights missing. A project car. For a car with so many easily identifiable flaws this result is strong but not unreasonable except for the unidentifiable engine.

Lot # 411 1979 Volkswagen Type 2 Westfalia Popup Camper; S/N 2392020323; Green, White roof/Green plaid; Visually maintained, largely original, 3- condition; Hammered Sold at $6,800 plus commission of 8.00%; Final Price $7,344 — Front mounted covered spare, Realistic cassette stereo. Rushed, poorly masked, orange peely fresh repaint. Good but aged interior and camping equipment. Engine and underbody are clean, dry and original. A sound, well preserved Westfalia that deserved a better repaint. At this price the new owner can afford to give it the cosmetic treatment it deserves and stands in a good position to make a nice profit on it.

Lot # 414 1961 Chevrolet Corvair 95 Rampside Pickup; S/N 1R124S114312; Red, White/Red vinyl; Truck restoration, 3- condition; Hammered Sold at $11,600 plus commission of 8.00%; Final Price $12,528 — 3-speed, pushbutton radio, big hubcaps, trim rings, narrow whitewalls. Mediocre paint with overspray on the unrestored underbody’s old undercoat. Good upholstery looks original and appropriate to the odometer’s 36,764 miles. Bed floor painted matte black. Superficially cosmetically redone but straight and sound. Ever seen one at auction? I haven’t. The deep well in the middle of the pickup bed and rampside door are highly unusual and take full advantage of the Corvan’s forward driving position and rear-mounted engine. The presentation is unimpressive but will drive and tour just fine. It would be a marvelous show truck for a plant nursery where tall bushes would be protected in the bed and load and unload easily down the side ramp. It is a sound value at this price.

Lot # 427 1965 Chevrolet Corvette Roadster; S/N 1946775S101217; Engine # 70620HCH; Red/Red; White vinyl top; Cosmetic restoration, 3- condition; Hammered Sold at $36,500 plus commission of 8.00%; Final Price $39,420 — 327/365hp (?), 4-speed, AM-FM, alloy wheels, gold line tires. A superficial cosmetic re-do with flawed, fisheyed paint, good interior, fair chrome and uneven door fits. Nose badly cracked under the repaint at the headlight door openings. Chassis only superficially done to look good at first glance and left undone where it’s not easily seen. No match on the engine suffix and no representations made of numbers matching. Very superficially and sketchily presented but bought for a superficially, sketchy Corvette price, too. It’ll never go to Bloomington, but after some attention it will tour happily and at this price that’s enough.

Lot # 429 1969 Oldsmobile 4-4-2 Convertible; S/N 344679M113120; Burgundy Red, Black stripes/Black vinyl; Black vinyl top; Cosmetic restoration, 3- condition; Hammered Sold at $21,000 plus commission of 8.00%; Final Price $22,680 — 455, automatic, P/S, P/B, A/C, chrome Torque Thrust wheels, Eldorado tires, pushbutton radio, woodrim steering wheel. Poor clearcoat repaint with ample dirt and dust, fair chrome, inviting, attractive upholstery. Instruments and dashboard not done but good new dash top matching the upholstery. Orderly but ordinary underhood. Sketchy and not reassuring. The top goes down, and the Olds will go down the road in comfort with plenty of power and air conditioning. The price it brought appropriately handicaps its many shortcomings.

Lot # 436 1934 Ford Deluxe Cabriolet; S/N 18285525; Poppy Red/Brown leatherette; Beige cloth top; Cosmetic restoration, 3- condition; Hammered Sold at $40,000 plus commission of 8.00%; Final Price $43,200 — Light Yellow wire wheels, trim rings, wide whitewalls, enclosed rear spare, grille guard, greyhound. Quickly repainted over shrunken old paint. Good top and upholstery. Poor old instruments and dashboard. Engine is orderly but only superficially redone. Chrome is fair; headlights are buffer scuffed. This is enough money for this erratic Ford. The new owner has plenty of ways to improve it, but it will never be a good value until it’s taken apart and done right.

Lot # 462 1967 Austin-Healey 3000 Mk III Phase 2 Convertible; S/N HBJ8L37412; OEWhite, Red/Oxblood; Black leatherette top; Cosmetic restoration, 3+ condition; Not sold at Hammer bid of $48,000 — Silver painted wire wheels, Bridgestone blackwall radials, heater, no radio, Lucas driving lights. Good paint and interior. Weak trim chrome. Underbody is casually done with overabundant exterior color overspray. An attractive but superficial driver. Re-run Sunday as Lot 833, no-sale at $40,000. The gap between choice BJ8 Phase 2 Healeys and drivers like this is vast. This bid is really all the money the consignor should expect for this oversprayed, tentative Healey.

Lot # 467 1954 Kaiser-Darrin 161 Roadster; S/N 1611307; Champagne White/Red vinyl; Red vinyl top; Concours restoration, 1 condition; Hammered Sold at $110,000 plus commission of 8.00%; Final Price $118,800 — Wire wheel covers, wide whitewalls, wind wings. Excellent restoration to show car condition. Generously but not excessively chromed underhood. Excellent paint, interior and top. Brilliant chrome. A beautiful Darrin, done everywhere to concours standards and still fresh, clean and sharp. This is a deserved price, and even something of a good value for a car that can be proudly shown everywhere.

Lot # 468 1966 Chevrolet Corvette Coupe; S/N 194376S103714; Engine # T1019IP 6103714; Silver Pearl/Silver; Older restoration, 2 condition; Not sold at Hammer bid of $85,000 — 427/450hp, 4-speed, side exhausts, AM-FM, original centerlock alloy wheels (5 of them), teak rim steering wheel, red line tires, telescopic steering column, 3.70 Positraction. Restored like new with quality clearcoat repaint, excellent interior and chrome. Represented as numbers-matching. Underbody was like new but now is a little aged and dusty. This is way more car than the bid it brought. $100K wouldn’t be out of line, even for a coupe, with this equipment and particularly attractive colors.

Lot # 470 1972 Maserati Special Sports Racer, Body by AMBRO; S/N AM116/47-882; Red/Tan leather; Non-factory replica, 2- condition; Not sold at Hammer bid of $150,000 — Lefthand drive. Stainless steel side exhausts, chrome spoke Borrani wire wheels, Michelin MX4 blackwall tires. Small cracks along the windshield edges, road grunge inside wheel rims. Fiberglass Ambro nose and tail, aluminum center panels. No racing safety equipment. Modern gauges. 4.2 liter Indy engine with four dual choke Webers, Borg-Warner 5-speed, Halibrand rear axle center section with Dana 35 locker differential. Title and catalog VIN, 116147, is incorrect. Tipo is 116/47. The original Indy chassis number is 882. Quality workmanship and paint. Driver’s seat cushion lightly stretched. A very pretty and unusual driver, not a show car. This is a high quality home built sports car that ticks a lot of buttons in appearance, drivetrain and performance. The fact that is just a home-built, however, is — not to make light of its attractions — a severe limitation on collectors’ value. A money bid at this price should have seen it well and truly on its way to a new home.

Lot # 479 1965 Pontiac LeMans GTO 2-Dr. Hardtop; S/N 237375Z122767; Engine # 531494 YD; Montero Red/Black vinyl; Recent restoration, 2 condition; Hammered Sold at $35,000 plus commission of 8.00%; Final Price $37,800 — Tri-Power on a replacement 2-barrel YD block, 4-speed, buckets and console, AM-FM, Rally wheels, trim rings, red line tires, P/B, no P/S. No PHS documents but a copy of its punch card is coded for the GTO option. Good, fresh paint, chrome and interior. Frame and underbody done like new or better. A handsome car done thoroughly but not to show car standards. Not pure, but a choice LeMans GTO by any standard, done to good if not show quality standards. As a weekend driver at this price this GTO is hard to beat.

Lot # 498 1930 Cord Front Drive L-29 Cabriolet; S/N 2927033; Engine # FD1178; Cigarette Cream, Brown accent/Brown leather; Tan cloth top; Rebodied or re-created, 3+ condition; Not sold at Hammer bid of $140,000 — Chrome wire wheels, wide whitewalls, dual sidemounts with cloth covers and strap on mirrors, rumble seat, metal luggage trunk. Good paint, chrome and upholstery but let down by dull instrument panel escutcheons. Engine and chassis are good but aged. Rebodied in this style by Glen Pray. No one cares if this L-29 was rebodied by Glen Pray, it’s a rebody and could have been sold for the reported high bid. It’s not getting any better for its trips across the auction block.

Lot # 538 1970 Buick GS 455 Stage 1 Cloke Convertible; S/N 444670H333771; Black/Black vinyl; Black vinyl top; Older restoration, 2- condition; Hammered Sold at $26,000 plus commission of 8.00%; Final Price $28,080 — 455/, automatic, P/S, P/B, A/C, AM-FM, buckets and console tilt steering column, Super Sport wheels, Radial T/A tires. Restored like new. Paint presents very well but has some orange peel on the wing and a visibly repaired dent on the left rear fender. Engine is very correct but has some oil mist down deep on the steering box and suspension. Maybe not real, but really cool and that — and its quality restoration — makes it a good value at this price.

Lot # 542 1957 Dodge Coronet 2-Dr. Hardtop; S/N 35290454; Yellow, Cream/Light Green vinyl, Grey cloth; Cosmetic restoration, 3+ condition; Not sold at Hammer bid of $24,000 — 325/260hp, automatic, P/S, P/B, wheel covers, whitewall tires. Good but thick and somewhat dull repaint over old paint. Good chrome and original (?) interior. Underbody and chassis superficially squirted with chassis black. Engine compartment is orderly but only superficially restored. An attractive driver. Sold at Worldwide’s Houston auction a month ago for $23,100, the consignor was disappointed in hoping for a better result for this ordinary Dodge. The bid here is real money, as the price last month indicates.