Heroshot
$500,000
Sale Price
$475,000 - $550,000
Est. Range
Yes
Reserve
22 January 2021
Sold Date
146
Lot Number
#2-
Modified restoration
RM Sotheby's
Auction House
Chassis no. 85351; Engine no. 361954. Silver with black cloth top over black leather. 1971-cc pushrod OHV hemi-head BMW 320 industrial inline six engine, upgraded with three Solex downdraft carburetors to 80hp specs, side exhaust, centerlock wheels, Dunlop Racing tires, leather hood straps, Brooklands aero screen included, rear-mounted spare wheel, Simpson racing belts, Volvo gearbox (period-correct gearbox included), alternator, skirts, black tonneau cover and uninstalled top and frame.

Evaluation: Several chips on the nose. Paint flaking off around the hole for the hand crank. Several cracks around the rivets in the hood. Long scratch on the right side of the hood and another in front of the passenger’s side door. Very good interior with clear original gauges. Few small scratches on the wheels. Very tidy underneath. Unknown early history, but has been a vintage racer and event car since the 1980s and received restoration work in the 1990s.

Bottom Line: Sold by RM at Monterey in 2016 for $550,000, then no-saled in the Monterey/Shift auction last year at a reported bid of $450,000, the same bid that successfully bought it here. The seller could have been buying Tesla stock for the past five months with the money.

by Rick Carey
7 February 2021
Hagerty
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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.