Monthly Archives

November 2015

Oldtimers

THE PORSCHE MUSEUM IN STUTTGART – HIDDEN WAREHOUSE

Stuttgart’s porsche museum is a paradise of luxury vehicles, teeming with more than 80 of the brand’s most famous, iconic cars on permanent exhibit.

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But behind the scenes, a secret warehouse on site hides an archive of special-edition, priceless models from porsche’s past. in a rare trip behind these closed doors, german photographer steffen jahn documents the premises and precious cars concealed there, including examples of some of porsche’s most prized treasures. stacked in protective cases and arranged in rows, everything from limited-edition racing cars to vintage recreational vehicles are stored and secured — a rare spectacle for casual drivers and car enthusiasts alike. take a look at the photos below for a peek inside.

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Origin: designboom.com

Video

This Ferrari 500 Mondial Is an Icon of a Bygone Era

Now a rarity in the modern Ferrari world of 8- and 12-cylinder cars, the 4-cylinder 1955 Ferrari 500 Mondial Series II was a veritable racehorse of its time. Bought after its retirement from a career on the circuit by Rear Admiral Robert A. Phillips for the sum of $2,225 USD, the car subsequently followed the seaman and his family in criss-crossing the globe, and was gradually repaired to pristine condition but draining two-thirds of the admiral’s salary in the process. Watch the beautifully shot video above for an insight into the bond between man and machine, that has lasted many decades since.

Origin: hypebeast

Oldtimers

A 250 Ferrari SWB California

One of my absolute favorite Ferrari is coming up for sale, one that I am very familiar with (see pictures below), Chassis 2505GT. I saw it at Villa d’Este two years ago and had the luxury of sitting next to the owner for dinner (I did not know it at the time that my dinner neighbour Mr. Caggiati, from Parma, owned this marvelous car). We are talking about a 1961 Ferrari 250 SWB California spyder. But not just any spyder. An open headlight car. Only 16 of these cars were ever built and I personally think they are more beautiful than the closed headlight cars.

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I normally favor closed headlight cars like on the 250 TDF, the 250 S1 Cabriolet Pininfarina (both cars look better with covered headlights) but on the 250 California – the car looks more harmonious with the open headlight version. It is undisputed, this california spyder is among the most elegant cars Ferrari ever made, but many forget, they were also made for aggressive driving and racing (indeed a few california spyders did race for Ferrari). Ordered by request by John Von Neumann who was a Westcoast dealer for Ferrari, the California spyder was made, well you can guess it, for the California market in the 1950s. The estimate of this beautiful and rare Ferrari (less than 105 SWB and LWB California spyders were made in total) is €11- 13m.

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Origin: le-monde-edmond.com

Oldtimers

1959 BMW 507 Roadster Series II Is Expected to Auction for $2.6 Million USD

This beautiful 1959 BMW 507 Roadster Series II has been predicted to fetch between $2.3 million USD and $2.6 million USD at the forthcoming “Design by Disruption” auction in New York. Only 217 of this classic convertible were produced, making it one of the rarest BMW’s on the planet and while its rival, the Mercedes 300 SL, has received a lot of the shine over the years, the 507 is arguably one of Germany’s finest automobile exports of all time.

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Serving as the inspiration for the Z8, the 507 Roadster Series II is powered by a 145 bhp V8 engine, and features a smooth four-speed manual transmission along with an independent front suspension, rear brakes and a striking red interior. Get more information on the car via the RM Sotheby’s webpage (msothebys.com).

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Origin: hypebeast

Oldtimers

A DB4 GT – A bankers dream

We at LME normally don’t write posts that concern upcoming sales. Magazines, auction houses and other blogs do that well enough. However when something as rare as an Aston Martin DB4 GT – left hand drive (LHD) comes up, we feel obliged to report it. An Aston Martin from the David Brown Era is already something special and uncommon, but a DB4 GT is ultra rare. How rare? Only 75 were made (of the 75 made only 30 were LHD). A DB4 GT makes a DB5 look like a Volkswagen beetle. The DB4 GT is even more rare than a Ferrari 250 SWB.
Aston Martin introduced the DB4 GT as an answer to the very successful cars that Ferrari was producing at the time, like the Iconic 250 TDF (Tour de France). Meant as a dual-purpose car, a road car but also a track car, the DB4 GT was the top of the line car customers could order from the DB4 series. While normal DB4 cars were mostly steel cars, the GT version was an all alloy car. Instead of the standard two or three SU carburetors came triple Weber carbs, which boosted bhp from 240 on the standard DB4s to over 300 for the GT version. The car was powered by a 3.7L dual overhead camshaft alloy engine and carried a synchronized 4-speed gearbox. Because of the alloy chassis the car was nearly 100kg lighter than normal DB4. Other differences to normal DB4s included two outside fuel caps and a slighter shorter wheelbase, reduced by 13cm. It is no wonder that these cars are so sought after today. When a rare DB4 is not good enough, and a connoisseur (in the past it was often bankers- with their high paid bonuses) wanted something lighter, faster and more powerful and rare, the DB4 GT was the obvious answer. What is the car worth today? Well last year in 2012 at Monterey, someone paid $2m including commission. Given the strength of the classic car market today, we expect the car to fetch more than the $2m paid last year.

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Main picture credit: RM Auctions. Main picture is a DB4 GT that was sold a few years ago by RM Auction.
Origin: le-monde-edmond.com

Oldtimers

A 250 Competition Ferrari

Provenance. In the classic car world- this can make all the difference. Bonhams just sold a Mercedes racing car for a record $29m, which is now the most expensive car ever to sell at auction (see here). Why was it so expensive? Because it was raced by Juan Manuel Fangio- arguably the best racing driver of all time. We have found a car that will sell next month at auction that has perhaps the best provenance a Ferrari collector could hope for. For our friends who like vintage watches, it is similar to a Rolex Daytona from the 1970s being owned by Paul Newman coming up for sale.

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The car for sale is Chassis 0415 GT is a Ferrari 250 Berlinetta Competizione Pininfarina 1955. The car was ordered by non other than the legendary race driver and playboy Alfonso De Portago, a Spanish noblemen who came from one of Europe’s most noble and wealthiest families. De Portago is a legendary name in the classic car world. The young Spaniard was an avid Sportsman who raced horses, flew planes, won a bronze Medal in Bobsleigh in the World Championship. He also drove for Ferrari in Formula 1 and started racing in 1953. De Portago was tragically killed in the 1957 Mille Miglia when his tire blew killing his co-driver Ed Nelson and 9 others. De Portago’s accident is the reason why the Mille Miglia was stopped in 1957 and now carries on as the legendary drivers rally but is no longer a proper race. Having De Portago as the first owner gives this Ferrari 250 competizione exceptional provenance. He raced the car in the 1955 Nassau Annual Speed week, so the car has racing history as well. Not much is known about the specifics of the car yet, except it is an alloy body made specifically for De Portago (note it is not a 250 TDF). The car is matching numbers (meaning the original engine or correct type is in the car) and carries the sought after ‘Classiche Certification’. The car is being sold by Gooding & Co in Monterey this coming August. The estimate on the car according to Gooding is $6.5-7.5m. For more information on Gooding please click here.

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So while there will be more expensive cars making the headlines next month at Monterey (for example a 275 GTB NART Spyder), this 250 Ferrari will be unbeatable in terms of provenance. It ticks all the boxes a classic car collector could want: 1) Exceptional ownership 2) Racing pedigree 3) Rare Alloy version 4) 12 cylinder front engine. Marcel Massini, the foremost expert of vintage Ferrari in the world, put it best: This is a super good looking bullet proof classic Ferrari- a true piece of history.

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Main picture credit: Tom Burns photography (showing Portago cleaning a Ferrari with one of his trademark habits: A dangling cigarette from his mouth)

Origin: le-monde-edmond.com

Oldtimers Video

The Petersen Automotive Museum Vault Reveals Some of the Coolest Celebrity Cars of All Time

The Petersen Automotive Museum, based in Hollywood, opens its vault to show off a few of the some 400 models within. Because of the size of the collection, and to keep visitors coming back regularly, only about 150-175 of the cars can be on display at a given time.

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In this first video above, Csaba Csere of Car and Driver Tested and curator of the museum Leslie Kendall introduce a variety of vintage models, and cars that reach as far back into the history of the automobile as the late 1800s.

This second video below introduces cars that are as famous for their connection to famous people in Hollywood’s history as they are for their unique appearances such as the 1966 Mongrel T which was driven by both Elvis Presley and The Joker from the original Batman series.

Origin: hypebeast.com

Oldtimers

FOUND: A SPECIAL 356 PORSCHE CARRERA 2

When one of the most important cars Porsche ever made comes up for sale, collectors should pay close attention. Long before the 911 existed, Porsche became famous for the 356 line, which was the company’s first production model. Small and agile the 356 became a tremendous success for Porsche. Designed by Ferry Porsche, the 356 model carried a rear mounted, four-cylinder air-cooled engine. Introduced in July 1947 Porsche would go to sell approximately 76’000 356′s before it was replaced by what was to be the Iconic 911 in 1964.

czwMost collectors think of the legendary ‘Speedster’ model when they think of 356, made famous by James Dean* who owned one. While the speedster is sought after by collectors, there is another model of the 356 which is even rarer and more valuable than a speedster. It is a Porsche 356 Carrera 2 Coupe. The 356 Carrera 2 was one of the last built Porsche 356s and incorporated the most powerful engine available: A 2 L engine (thus the 2 in the Carrera 2), four cylinder – 4cam ‘Fuhrmann’ engine powered by 2 solex dual -throat carburettors producing an estimated 130hp at 6’2oo rpm**. This engine was 50% more powerful than the standard 356′s that Porsche had produced and represented that best and most powerful 356 coupe that Porsche had ever built. Top speed is estimated at 2ookm/h. Only 436 Carrera 2 were ever made. Gooding & Company is selling a 1963 Porsche 356 Carrera 2 which is especially interesting. It has a factory original sunroof (which is very rare and very cool) and an enlarged special order 70L tank. Most importantly it has a correct ‘matching numbers’ Carrera engine. Gooding estimates this 1964 Porsche 356 Carrera 2 car at $600′ooo.

czw2 czw3Origin: le-monde-edmond.com

Lifestyle Vintage

FOUND: A FINE ROLEX 6034 CHRONOGRAPH

Usually the summer means taking a break from watches as the biggest auctions in May are over. However we have found a beautiful early Rolex chronograph in pink gold coming up for auction in July that you should take a closer look at. It is reference 6034, a monobloc anti-magnetic chronograph in pink gold from 1954 – with still the original lume in-tact on the dial.

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The dial is near perfect (judging from the pictures – we have not seen the watch in person) and according to the auction house who is selling it, the watch has never been serviced (there are no service markings on the caseback). The watch has seen minimal polishing as the hallmarks are present on the back of the watch and on the lugs and remain completely in-tact. The watch remains overall in very good condition. While everyone likes to talk about Daytona and pre -daytona – namely the 6234 or 6238 – the model here the 6034 monobloc rarely gets mentioned by collectors.

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Not much is known about these early chronograph Rolex – so I cannot add to this reference. Except that it might worth looking at given its rare metal case (pink gold) and good condition. At 36mm it is extremely wearable even in by present standards. The watch is seems very original (dial excellent condition, lume original, case largely unpolished). Even the winding crown with the ‘plus’ sign is original and correct for the period and watch. The estimate for this rare chronograph is €60-80′ooo which reflects its outstanding condition and originality. For more information on this rare Rolex – contact Boule Auctions in France.

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Origin: le-monde-edmond.com

Oldtimers

Auctionata – classic car auction

On November 24, Auctionata will be live streaming their auction of 36 modern and timeless classics, including American and European luxury automobile manufacturers such as Maserati, Jaguar, Rolls Royce, Fiat, Mercedes, and Cadillac.

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DKW F8 Sport, Roadster Special , Model 1938.
Image: Courtesy of Auctionata.

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Ferrari F355 GTB F1, Model 1998.
Image: Courtesy of Auctionata

The Ferrari Testarossa above, with an estimate of €140,000 ($150,352), has become an iconic car of the 1980s via numerous appearances in American films and television shows. Most recently a Testarossa was featured in The Wolf of Wall Street, where Leonardo DiCaprio’s character, Jordan Belfort, struggles to get into his pristine white Testarossa after a night of hard living.

Other modern classics include a blue 1970 Mercedes-Benz 280 SL “Pagoda” with an estimate of €100,000 ($107,325) and a red 1991 Ferrari F355 GTB F1 that is estimated at €84,000 ($90,153).

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Mercedes-Benz 280 SL “Pagoda,” Model 1970.
Image: Courtesy of Auctionata.

Timeless classics include a gray 1965 Mercedes Benz-300 SE W112 with an estimate of €50,000 ($53,697 ), a rare champagne yellow hardtop version of the 1962 Porsche 356 B Karman with an estimate of €85,000 ($91,226), a 1938 DKW F8 Sport, Roadster Special with an estimate of €42,000 ($45,177), and a black 1949 Tatra 600 Tatraplan with an estimate of €42,000 ($45,076).

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Porsche 356 Karmann Hardtop, Notchback, Model 1962.
Image: Courtesy of Auctionata.

In September, during a “Ferrari Only” sale, Auctionata offered retired German racer Michael Schumacher’s legendary Formula Ferrari; its highest selling lot from was a 1991 Ferriari F40 that sold for €1,064,000 ($1,142,682).

This upcoming December, Auctionata will host another “Ferrari Only” sale.

The market for classic and rare cars has been robust lately; last year, Bonhams broke the world record for the most expensive car when a Ferrari 250 GTO Berlinetta sold for $38.1 million. This year, a 1964 Ferrari 250 LM sold for $17.6 million in an auction at RM Sotheby’s. And this May, Bonhams set an online auction record selling a Porsche Type 962 for a record €1.5 million ($2.3 million) and the combined total achieved at auction was €5.5 million ($6 million).

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Mercedes-Benz 300SE Coupe, Model 1965.
Image: Courtesy of Auctionata.

A public viewing will be held at ACC Auto Classics Club in Berlin on Sunday, November 22 at 12-6pm.

Origin: news.artnet.com