1955 Porsche 356

1500 Continental Cabriolet
$149.3M worth of cars at RM Sotheby's Monterey
Thursday, 12 August - Saturday, 14 August 2021
Sale Price
$300,000 - $400,000
Est. Range
13 August 2021
Sold Date
Lot Number
Older restoration
RM Sotheby's
Auction House
Chassis no. 60719; Engine no. 34059. Orange with black cloth top over black. 1488/55hp, 4-speed, hub caps, whitewalls, Telefunken pushbutton radio, Petri steering wheel.

Evaluation: One of 228 Cabriolets in one-year-only Continental trim for the US market. Represented as matching numbers. Very good paint, which was a special order color when this car was new. Clean restored engine bay. Clean, tight-fitting top. Clean wheels and tires. Lightly wrinkled seats, and some wear to the original steering wheel (which was also a special order feature) and radio. An honest older restoration of a rare 356 in rare colors.

Bottom Line: Like so many automotive ideas in the 1950s, the 356 “Continental” was the brainchild of importer Max Hoffman, who suggested that Porsche a more stylish name to its product than just “356.” But Ford quickly put the kibosh on that, meaning that 356 Continentals only appeared in 1955.

The package consisted of gold Continental badges and literally nothing else, but it’s an interesting distinction that collectors care about. This one’s special order features are yet more desirable distinctions that, along with the strong condition and matching numbers engine, justify this price, which is even more than the $330,000 the car brought here in 2014.

by Andrew Newton
28 August 2021
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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.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.