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01-24-2004, 05:41 PM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
Posts: 12,725
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Not Ranked
BJ Auction WOW!!!!!!!!!!!!!!!!!!!!!
Anybody else catch that stunning 1967 GT500 fastback that just sold for over $250,000!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Talk about over spending, I would have expected $95,000-$120,000 tops...........
Lots of bizzare prices this year on some of the strangest items....................
I have to ask, are these for real????? Or are we going to see a few of these cars back up for sale at the West Palm Beach auction later this year..................
__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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01-24-2004, 05:46 PM
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CC Member
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Join Date: Dec 2003
Cobra Make, Engine: sold a SPF
Posts: 99
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Not Ranked
not even a matching number car...
I know what I am going to restore....
Unreal!
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Rick
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01-24-2004, 05:50 PM
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CC Member
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Join Date: Jul 2000
Location: Las Vegas,
NV
Cobra Make, Engine: 427 SC
Posts: 1,076
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Not Ranked
Man what an idiot. He could have an Elenore for much less! 
__________________
kris kincaid
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01-24-2004, 05:54 PM
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Senior Club Cobra Member
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Join Date: Mar 2001
Location: Northport,
NY
Cobra Make, Engine: Kirkham, KMP178 / '66 GT350H, 4-speed
Posts: 10,362
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Not Ranked
I think the buyer was Ted Waitt, founder of Gateway.
Had to laugh when Yates said..." ..the car has provenance"
...yeah, with a new Shelby alloy block.
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01-24-2004, 05:56 PM
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CC Member
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Join Date: Dec 2001
Location: San Diego,
CA
Cobra Make, Engine:
Posts: 2,979
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Not Ranked
They said Shelby signed off on the car being correct. Since they put a Shelby aluminum 427 in the car he supposedly made correct in the registry or some crap like that.
__________________
Remember, It's never too early to start beefing up your obituary.
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01-24-2004, 07:09 PM
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Senior Club Cobra Member
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Join Date: Jan 1999
Location: MARKSVILLE,LA.,,
Posts: 3,235
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Not Ranked
The owner was hoping to get 125k,bet he was happy with the 260k selling price..........Right now 67 GT-500 Fastbacks are the hottttttttt item............
David
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DAVID GAGNARD
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01-24-2004, 07:25 PM
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CC Member
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Join Date: Oct 2002
Location: Fairfield,
CT
Cobra Make, Engine: HM-2027 / 427 SO
Posts: 815
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Not Ranked
The car was also owned by Hurbert Platt at one time. Very nice car but expensive!
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01-24-2004, 07:37 PM
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CC Member
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Join Date: Nov 2002
Location: Flanders,
NJ
Cobra Make, Engine: Classic Roadsters 351 Windsor 405 HP
Posts: 1,043
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Not Ranked
Bad economy? What bad economy it appears there is a lot of money around.
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01-24-2004, 07:41 PM
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CC Member
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Join Date: Nov 2003
Location: Annapolis,
MD
Cobra Make, Engine: Unique, 427SO, it runs
Posts: 2,636
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Not Ranked
Yep, it would appear that the economy is back, but the collectable car market appears to have shifted. I'd put my money on customized vintage cars. Numbers matching doesn't seem to draw the prices as much as in the past.
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Clay
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01-24-2004, 07:48 PM
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Senior Club Cobra Member
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Join Date: Mar 2001
Location: Seattle, WA,
Posts: 1,389
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Not Ranked
Bad economy? What bad economy it appears there is a lot of money around.
You dont really think those boys are affected by the economy do you?.....  .........
__________________
Foolish consistancy is the hobgoblin of tiny minds
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01-24-2004, 07:51 PM
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Senior Club Cobra Member
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Join Date: Mar 2002
Location: So. Oregon Coast,
Or
Cobra Make, Engine:
Posts: 558
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Not Ranked
How about the guy that bought the Callaway Vett collection !!
Four of them, one after the other.
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BO DUTCH
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" I was going to Procrastinate today, but I think I'll put it off untill tomorrow." 
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01-24-2004, 07:54 PM
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Senior Club Cobra Member
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Join Date: Mar 2001
Location: Seattle, WA,
Posts: 1,389
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Not Ranked
I got to think the guy who bought that retro zepher is going to wake up with a hell of a hangover!
KK
__________________
Foolish consistancy is the hobgoblin of tiny minds
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01-24-2004, 07:58 PM
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CC Member
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Join Date: Oct 2003
Location: Hanover,
NH
Cobra Make, Engine: Shelby Cobra 427 S/C
Posts: 559
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Not Ranked
What channel is the BJ on?
(Best yelled at full volume from the other room)
No.. really.. basic cable guy here.. what package gets you the BJ? 
-JT
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I just wanna drive my car.
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01-24-2004, 08:08 PM
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Senior Club Cobra Member
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Join Date: Mar 2001
Location: Seattle, WA,
Posts: 1,389
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Not Ranked
JT
Nothing special, I think I pay $30 or so ...no digital or pay channels..probably one click up from basic....BJ is on the "Speed channel".....to me that alone makes the extra twenty well spent.
KK
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Foolish consistancy is the hobgoblin of tiny minds
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01-24-2004, 08:53 PM
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CC Member
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Join Date: Apr 2003
Location: Mokane,
MO
Cobra Make, Engine: Gave it to Russ
Posts: 311
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Not Ranked
I think one shocking sale was the 69 Z28 that went for $112,000. The guy wearing the yellow jacket said he just had to have it b/c his favorite color was yellow. He was a Corvette collector.
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I wish this reactor had wheels!
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01-24-2004, 11:11 PM
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Senior Club Cobra Member
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Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
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Not Ranked
I been in Hawaii long enough to figure this out:
There is a LOT of money in this town!!! Old money AND new money. Whats weird is figuring out WHO has it. Most of the time there are no obvious signs, just regular folk,,,,,,,loaded!
Ernie
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01-24-2004, 11:30 PM
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CC Member
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Join Date: May 2001
Location: California,
Ca
Cobra Make, Engine: NAF 289 Slabside Early Comp Car with 289 Webers and all the goodies. Cancelling the efforts of several Priuses
Posts: 6,592
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Not Ranked
Mr DEEP POCKETS
Any one know the buyer was that "kept his hand in the air" for the 4 Callaways? He dropped close to $800 Large in about 20 minutes.
Rick
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01-24-2004, 11:48 PM
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CC Member
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Join Date: Jun 1999
Location: Bay Area,
FL
Cobra Make, Engine: What Cobra?
Posts: 7,193
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Not Ranked
Calling Mr. Mustang!!
Just curious. if someone asked you what that car would have brought at the auction, what would you have told them?
TURK
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OBAMA IN in 2012
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01-25-2004, 04:02 AM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
Posts: 12,725
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Not Ranked
Turk,
As clean as it was, I would have thought roughly $120,000 tops.......$260,000 seemed like a little overboard, the fact that the announcer describing the car stated that Shelby himself approved the all aluminum engine and had it rewritten in to the SAAC registry to be correct is what has me worried. Remember, the folks at Barrett Jackson only know what the owner/seller tells them, if it's baloney (like this statement was) then the buyer is the one who will ultimately pay the price.
Bill S.
PS: It is my understanding (from talking to someone late last night who was there and knows both parties (my CA based 427SC buyer) that the two high bidders of the car have a childhood like rivalry, and more cash between the two fo them where they can push the envelope, as they did on several "surprise price" automobiles this past weekend to the tune of over $2,000,000 spent be each of them bidding against one another..................This story is not over quite yet, and will hit the trade papers eventually......................I just wish that I had them for clients.............
Quote:
Originally posted by Turk
Calling Mr. Mustang!!
Just curious. if someone asked you what that car would have brought at the auction, what would you have told them?
TURK
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__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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01-25-2004, 08:08 AM
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CC Member
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Join Date: Jan 2000
Location: Grapevine,
TX
Cobra Make, Engine: Former Owner/Builder of KMP142 427 Sideoiler, Tunnel Wedge, Aluminum heads, etc.
Posts: 702
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Not Ranked
Like all of you, I was absolutely shocked at how much these cars were bringing....in particular the Zephyr.
The BJ Scottsdale event also tends to "set" the prices and overall tone for the upcoming season, so it will be interesting to see if the hysteria holds as the year continues.
With the Euro as strong as it is against the dollar now, I wonder how many of these jewels may actually be heading off to Europe?From appearances, didn't look like many.
Bud |
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