|Survivor 300 SL Gullwing coupe|
Hemming's had a fantastic article
comparing two black-over-red 300 SL Gullwing coupes that went up for
auction at Gooding & Co.'s Scottsdale event this past weekend. One
was a true survivor that was largely intact aside from some claimed
paint touch-ups, while the other was the recipient of a full Concours
|Interior of survivor 300 SL|
In the end, the results shocked some but perhaps surprised few who have been following market trends. The "survivor"
sold for $1,897,500
while the "Concours ready" fully restored car
sold for $1,402,500
. That's a premium of $495,000
for simply leaving the car be. There's seems to be something to mama's lessons about patience and restraint.
|Fully restored 300 SL|
Wild speculation soon became heated debate once the hoopla subsided and
the reality of today's car market set in. Some collectors are now
rethinking the big bucks they spent on past nut-and-bolt restorations
while others insist this is a trend that will eventually die out.
|Interior of the restored 300 SL|
We tend to skew towards this being the new normal, especially
considering the collector car market is now being more often compared to
the art and antiques markets, where originality has been prized for
decades. Remember in the 1980's when everyone was a backyard furniture
restorer, stripping away cracked layers of original varnish only to be
reprimanded by the Keno brothers when they showed up on Antiques
Roadshow with dollar signs in their eyes? As is often said, "it's only
|Roy Roger's XK140 SE|
Other "survivor" sales of the event included Roy Roger's Jaguar XK140 roadster with tattered innards, and a '67 Ferrari 330 GTS still sporting it's elegant cover of detrius.
...Story continues at MotoArigato.com