Heroshot

1937 BMW 328

Roadster
Engine No. 85059
WINTER HARVEST - Gooding & Company
Friday, 17 January - Saturday, 18 January 2020
$830,000
Sale Price
17 January 2020
Sold Date
35
Lot Number
#4-
Unrestored Original
Gooding & Company
Auction House
Chassis No. 85059; Engine No. 85059. Light green over green leather with a black cloth top. 1971-cc, 80-hp I-6, 4-speed manual. Three Solex downdraft carbs, green center-lock disc wheels, Semperit tires, cowl-mounted trafficators, rear-mount spare, and folding windshield.

EVALUATION : Unrestored original | Acquired by Army Air Corps Squadron Commander Edward Giller in Germany in 1945, who kept it through various important assignments in the States, which eventually resulted in a promotion to major general. It has remained with the Giller family until today, regularly driven until this decade, and was recently recommissioned by White Post Restorations (although it’ll need much more attention before driving distances greater than the length of an auction podium). Components represented as original, matching numbers, verified by BMW Group Classic. Scratched and chipped paint is not original but is old and cheap. Upholstery is old and worn. Dull brightwork. Unrestored, dirty, and tired. The engine smokes badly. Sound, solid, and
complete but needs everything.

BOTTOM LINE : A breathtaking result for any BMW 328 without racing history, let alone one that has such extensive needs. Certainly, there’s value in the single family ownership for three-quarters of a century, in its completeness and its level of preservation. But it will have to make the most of preservation-class concours appearances to earn back some of its massive premium, and even that will require extensive mechanical work. Once restoration starts, the added costs will sink it further underwater. This is a car bought for the passion of owning it, not a rationally considered value decision.

by Hagerty Insider
20 August 2020
A story about
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.