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ShawnG
ShawnG PowerDork
8/17/19 10:11 p.m.

One-of-one Maserati went for just under $500k.

Needs a little work: https://rmsothebys.com/en/auctions/mo19/monterey/lots/r0169-1961-maserati-5000-gt-coupe-by-ghia/793226

 

Pete Gossett
Pete Gossett GRM+ Memberand MegaDork
8/17/19 10:28 p.m.

In reply to ShawnG :

Step-1: remove vin

Step-2: rebuild car from scratch

Step-3: reattach vin???

ShawnG
ShawnG PowerDork
8/17/19 10:35 p.m.

In reply to Pete Gossett :

Well, the glass isn't rusty...

slowbird
slowbird Reader
8/17/19 11:06 p.m.

It actually looks pretty cool as it sits. I would get the motor rebuilt and then show it off just like that.

 

And do burnouts. laugh

ShawnG
ShawnG PowerDork
8/17/19 11:16 p.m.

Porsche type 64 hammered at 17 million.

spacecadet
spacecadet GRM+ Memberand Dork
8/17/19 11:37 p.m.

Magnus Walker posted this on social media

Went diggin... and sure enough

Values are down, sell through is down.. 

https://journal.classiccars.com/2019/08/17/bidders-sellers-disagree-on-values-at-monterey-auctions/

It's a good time to be a buyer for these "standard" classic cars. 

The "Radwood" era stuff is still pulling in dumb money on BAT and what not. 

Interesting possible trend in the market.. 

ShawnG
ShawnG PowerDork
8/17/19 11:54 p.m.

That Porsche auction was painful to watch.

nutherjrfan
nutherjrfan UberDork
8/18/19 4:39 a.m.

Speaking of Bring A Trailer I moseyed on over there for the first time in forever.

Bring A Trailer?  What?  With Wayne frickin' Carini driving and his money?

Silly buggers.

Then whilst I like Datsuns/Nissans the one below is way over-priced to my mind at $30k.

Silly bugger price. surprise

z31maniac
z31maniac MegaDork
8/18/19 7:40 a.m.

Wow. I know some of you do this kind of thing for a living, what do you think the cost for a full restoration? If they go that way?

Slippery
Slippery GRM+ Memberand SuperDork
8/18/19 8:04 a.m.
ShawnG said:

That Porsche auction was painful to watch.

That guy was probably fired. 

Adrian_Thompson
Adrian_Thompson MegaDork
8/18/19 8:17 a.m.
Slippery said:
ShawnG said:

That Porsche auction was painful to watch.

That guy was probably fired. 

Tell more?

Datsun310Guy
Datsun310Guy UltimaDork
8/18/19 8:27 a.m.

In reply to nutherjrfan :

I agree $30k+ is a lot for a Datsun 510 but this is a coupe version never sold officially in the USA - look at the back window slope.

I think the standard 2-door 510 is better looking than the coupe show above but the price is due to it's rarity.

Adrian_Thompson
Adrian_Thompson MegaDork
8/18/19 8:29 a.m.

Let me know when a nice G50 Carrera is back to a $30k car and I’ll be happy. Oil cooled Porsche’s are still stupid. 

ShawnG
ShawnG PowerDork
8/18/19 9:10 a.m.
Adrian_Thompson said:
Slippery said:
ShawnG said:

That Porsche auction was painful to watch.

That guy was probably fired. 

Tell more?

The auctioneer has a slight Dutch accent.

"I'm going to open the bidding at 30 million!"

30 mil

40

50

60

70

All in under a minute.

Even the reader board in the room said 70 million.

Then everyone realised he said 13 million.

Reader board corrected to 17 million.

Bidding was now at 17 million and stalled.

Room was completely dead for about 30 seconds and nothing he did got the bidding higher than 17 million.

Car hammered at 17 million.

Angry murmuring.

They tried to start the bidding on the next car but the room was dead.

I shut it off at that point.

That fellow is the president of RM Sotheby's Europe. I've sat through a few auctions he's run.

 

ShawnG
ShawnG PowerDork
8/18/19 9:59 a.m.
ShawnG
ShawnG PowerDork
8/18/19 10:02 a.m.
ShawnG
ShawnG PowerDork
8/18/19 10:04 a.m.

The car is listed as "still for sale" on the RM website.

TJL
TJL Reader
8/18/19 10:19 a.m.

Oof that was a mess. 

nutherjrfan
nutherjrfan UberDork
8/18/19 10:20 a.m.
ShawnG said:

The "nazi car" reference is a little weak:

https://www.bloomberg.com/news/articles/2019-08-18/type-64-nazi-car-by-porsche-fails-to-sell-amid-auction-blunder

ooh the refined reactions of the fabulously wealthy.  The sheer snottiness isn't even hidden.

'Nazi-era' would have been fine so yeah that's dumb headline.

I'm not going to watch  the video but if the Hooray Henrys and Henriettas were cheering and booing the mistakenly inflated price that's not a crowd I'd ever want to be around.

Reminds me of Bill Burr recounting his free ticket to the Masters.  

Don't get me wrong.  I don't hate wealth.  $70 mil?  I dunno.  It's a car from a very significant era in recent history however.  $17 mil certainly wouldn't offend me.

It's just the genteel boorishness of a lot of wealthy people I can't stand.  Like the kid who reversed his fathers CTS into my rental Versa yesterday in tony Georgetown then made a snotty comment about me being a rental Uber driver.  He got told he had a smart mouth real quick.  Back in the car Henry.  Wayne Carini is wasted on that crowd. indecision

ShawnG
ShawnG PowerDork
8/18/19 10:23 a.m.

In reply to nutherjrfan :

They were booing the behaviour of the auction house. Maarten tried to joke about it when they realised their mistake and people got upset.

A friend was in the room, he said it was a total berkeley up.

Apparently the winner with the 17mil bid refused to come forward when they were asking for the bidder number.

nutherjrfan
nutherjrfan UberDork
8/18/19 10:45 a.m.

In reply to ShawnG :

yeah but if you got $17mil just sitting around waiting to be spent on a car and hang around with similarly well-heeled folk a little decorum should be in order.

(actually looking at the attire - what a bunch of slobs. Nothing wrong there but when they're piping in classical music dress business casual at least and tell the kids to leave the torn jeans at home.)

 

ok so I watched until the 2:10 mark.  Gotta hold down the breakfast.

It's like a genteel Buffalo Wild Wings crowd.  Maybe it's just because I don't do crowds very much but that was turning into an exhibition of boorishness.

Which is fine if you're at a Raiders game wearing home colors but it's freakin' car auction.  Act like you've been to one before.  To top it off how many actual floor bidders were there?  Probably not a single one just phone bidders and coiffed bidding agents.  I've seen worse at the public auction across from BET but not much worse and in many ways more business like.  smiley

californiamilleghia
californiamilleghia HalfDork
8/18/19 10:49 a.m.

In reply to ShawnG :

the head of Porsche Archives also did not help by announcing  that it was not a "Porsche"  on CNBC a few days before the sale , 

And it is not a Porsche , but a VW  chassis with a special body , 

It will be interesting to see who bid on it ,  

Knurled.
Knurled. GRM+ Memberand MegaDork
8/18/19 10:52 a.m.
Adrian_Thompson said:

Let me know when a nice G50 Carrera is back to a $30k car and I’ll be happy. Oil cooled Porsche’s are still stupid. 

Still annoyed that I couldn't get in to a 911SC when they were sub-$10k redheaded stepchildren.  Dammit, I actually LIKE that iteration of 911.

ShawnG
ShawnG PowerDork
8/18/19 10:56 a.m.

I feel like Porsche is being a bit stuck up about the whole thing.

Henry Ford's Quadricycle is still considered a Ford despite the fact that it was made long before the Ford Motor Company as we know it today.

Porsche seems to be fine with the 914 and the 924.

 

The0retical
The0retical UberDork
8/18/19 10:59 a.m.
Pete Gossett said:

In reply to ShawnG :

Step-1: remove vin

Step-2: rebuild car from scratch

Step-3: reattach vin???

That thing is the definition of the Ship of Theseus after a restoration. You might be able to save the steering wheel.

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