New York, New York
November – December 2015
Feature Car: 1964 Porsche 356C 1600 SC Cabriolet by Reutter
Sold at $1,760,000
Psychedelic artwork over black leather interior. 95-hp, 1.6-liter OHV flat-four; four-speed manual transmission. As seen at RM Sotheby’s, this is no trailer queen, as there is wear and tear as well as obvious deterioration on the top and in the interior.
Purchased by singer Janis Joplin in 1968, driven on the street by her family following her death in 1970, then displayed at the Rock and Roll Hall of Fame since 1995.
The Story Behind the Sale
New York City had not one but two high-profile auctions in the final days of 2015—
Keno Brothers and RM Sotheby’s. As you might guess, NYC is not an inexpensive place to hold an auction, and when you consider the further cost of wrangling cars in tight places such as the 10th floor of the building where the RM Sotheby’s event took place, well, you get the picture about the up-front investment here. These are extraordinary times for collector car auctions, and the days of throwing up a tent and selling a few cars are quickly fading. Big spenders want great cars at great events in great places, and this is the only kind of presentation they will open their wallets for.
RM Sotheby’s made particularly good use of the Janis Joplin car to promote its sales event, and the story of this Porsche’s unique history appeared in all kinds of media. It’s the first time the car has been up for sale since Joplin bought it in Los Angeles for $3,500. Dave Richards, a roadie for her band, Big Brother and the Holding Company, was paid $500 to give the car its signature paint job, which is called “The History of the Universe.” After Joplin’s family drove the car for many years, the 356 was repainted with careful attention to detail, but it’s a re-creation nevertheless. The buyer paid for an important slice of rock ’n’ roll history, which is the kind of value-added component that makes a car worth the big money.
1969 Lamborghini Miura P400 S
Sold at $974,400
Rosso Corsa over tan leather. 360-hp, 3.9-liter DOHC V-12; five-speed manual transmission. One of two S models delivered with cinghiale (wild boar) leather interior. As seen at the Keno Brothers auction, the paintwork is said to be original with the exception of some touch-up on the left front fender. Factory air-conditioning, original tool kit, and owner’s manual.
A nice presentation. The Miura S was the middle of three series of Miura models, and it was followed by the SV. With its Bertone-built bodywork as styled by Marcello Gandini, this is one of the most recognizable and collectible cars on the planet. This very example sold just one year prior in Paris for $1,069,000, so the consigner of this Lamborghini took a loss even before the inevitable expenses are added. What we have here is currency exchange, not car collecting.
1957 Fiat 1200 TV
Sold at $72,800
Powder blue with blue cloth top over medium blue leather interior. 55-hp, 1.2-liter V-4; four-speed manual transmission. As seen at Keno Brothers. Excellent paint and very good brightwork. Exceptionally clean interior; well-done cloth top. Restored in the 1990s; more than $31,000 was reportedly spent in the process.
A second-generation example of the Fiat 1100 TV Trasformabile, where TV means “Turismo Veloce” and Trasformabile means “convertible.” Some 3,393 examples of Fiat’s first convertible were built by Pininfarina, although the company vigorously denied designing it. (As well it might.) This example has also been seen at two Bonhams sales, bringing $39,780 in 2008 and $35,100 in 2010. The car looks like quite a bit of money has been spent since its last sale to make it nicer. The baby blue doesn’t hurt its cuteness factor, and so it brought all the money in NYC.
1954 Pegaso Z-102 3.2 Berlinetta by Touring
Sold at $742,500
S/N 0102-150 0150
Dark green over medium green and tan leather interior. 223-hp, 3.2-liter DOHC V-8; five-speed manual transmission. As seen at RM Sotheby’s in well-preserved condition. Includes the complete tool set as well as the original spare tire with its manufacturer labels still on the tread. You can spot some paint touch-ups, so this Pegaso looks like a million-dollar car from 10 feet way but a bit less so when you get closer.
Superbly engineered by Wilfredo Ricart, Enzo Ferrari’s great rival at Alfa Romeo in the late 1930s. Built by a Spanish truck manufacturer in the place where Hispano-Suizas were once made. This example of the Z-102 served as the poster vehicle for the first major exhibition of Pegasos in Barcelona in 1982. It would be a good guess that this unusual and very special car will be sympathetically restored from here.
1958 Ferrari 250 GT Series I Cabriolet by Pininfarina
Sold at $5,720,000
Bianco white over BluE leather interior. 240-hp, 3.0-liter SOHC V-12; four-speed manual transmission. The older outside-plug engine was replaced with a freshly built and correct type 128-C engine from Ferrari Classiche. As seen at RM Sotheby’s, it was in show condition. Purchased new by John R. “Buck” Fulp Jr., a successful sports-car racer for whom our Robert Cumberford once designed a Can-Am racing car.
The Series I 250 GT Cabriolet looks as good today as when it was new. It is a stylish example of Italian design from the late 1950s, when restrained good taste meant everything. It is the 14th of just 40 examples built of the Series I Cabriolets, each of which is just a tiny bit different from the next. For example, this car had four-wheel disc brakes at a time when Ferrari racing cars still carried drum brakes.
1962 Aston Martin DB4GT Zagato
Sold at $14,300,000
British racing green over green leather interior. 314-hp, 3.7-liter DOHC inline-six; four-speed manual transmission. As seen at RM Sotheby’s. This DB4GT Zagato had a complete restoration in 2002, with many honors in concours events since then, including Pebble Beach. Painfully beautiful with its prominent grille, elongated nose, and voluptuous rear quarters.
It was conceived as a lightweight iteration of the DB4GT with which to battle the Ferrari 250 GT SWB in sports car racing. Just 19 DB4GTs were originally bodied by Zagato, and this is car No. 14. Delivered new to Australia, it has some period race history. If you think of this as an expensive proposition in 2016, consider that it is still appreciating dramatically. As it is, this Aston Martin holds the record for the most expensive British car ever sold at auction.
1963 Pontiac Bonneville “Roy Rogers” Nudie Mobile
Sold at $308,000
White over brown leather interior. 303-hp, 389-cubic-inch OHV V-8; four-speed automatic transmission. As seen at RM Sotheby’s, and, yes, that is a saddle between the front seats where a console would be. Customized by Nudie Cohn, the famous Hollywood tailor who created the rhinestone look for the cowboy culture of the 1950s.
Steer horns adorn the front end, and a horseshoe is the hood ornament. The interior features hand-tooled saddle leather with 150 silver dollars embedded into the upholstery. Nudie made 18 such cars between 1950 and 1975, of which nine remain, nearly all in museums. This car was built to promote Nudie’s Rodeo Tailors, then sold to Roy Rogers. Call it an art car or call it a period piece, but just don’t leave all those silver dollars parked on the street.
1960 Lancia Appia Zagato GTE
Sold at $92,400
Rosso Corsa over bone and brown leather interior. 54-hp, 1.1-liter OHV V-4; four-speed automatic transmission. Good paint and chrome brightwork. As seen at Keno Brothers, it looks very good overall, but it’s not a fresh, show-quality restoration.
Named for the Appian Way of ancient Rome, this small, rear-wheel-drive car was engineered for Lancia by Vittorio Jano, famous for his grand prix racers. Some 98,000 Appia sedans were built between 1953 and 1963, but 5,161 platforms also made their way to Farina, Vignale, and Zagato, where custom bodies were created. Of these, the Appia Zagato GTE is the raciest, and it finished first, second, and third in class at the 1957 Mille Miglia. Now that Ferrari, Lamborghini, and Maserati values are zooming upward, more Americans are turning to Italian brands for cars that offer rarity and style.
1999 Lamborghini Diablo GT
Sold at $616,000
Metallic orange over black suede with leather accents. 575-hp, 6.0-liter DOHC V-12; five-speed manual transmission. As seen at Keno Brothers, one of 83 built and said to be one of only four in the U.S. Near flawless paint; detailed engine compartment. Recent tune-up by former Lamborghini test driver Valentino Balboni. Pretty much the right car in the right color describes this low-mileage example of the handsome Chrysler-styled successor to the Lamborghini Countach.
This is hugely more money than what you’d expect for a Diablo, especially since this GT model represents only a 25-hp bump over the standard car. Limited production, a carbon-fiber body, track-ready details, three-piece OZ racing wheels, and a 215-mph top speed will do that. The Diablo, like so many other Italian supercars, has been doing well in the collectible marketplace. Expect to see values increase in the next decade.
Source : http://www.automobilemag.com/news/keno-brothers-and-rm-sothebys-2015-auctions-in-new-york/Thank you for visit my website