Heroshot

1957 BMW 507

Series II Roadster
$2,315,000
Sale Price
$1,800,000 - $2,200,000
Est. Range
No
Reserve
30 September 2022
Sold Date
133
Lot Number
#4
Unrestored original
Bonhams
Auction House
Chassis no. 70059; Engine no. 40072. Bright Blue Metallic and matching hardtop over gray leather. 3,168150hp V8, 4-speed, Rudge centerlock wheels, Pirelli tires, two tops, multiband radio, tool kit, owner's handbook and bill of sale to Herman Bold.

Evaluation: One of 252 507s built and one of 13 delivered new to Venezuela. Originally finished in Silberblau (silver blue), then repainted white. Its American expat owner moved it with him to Toronto in 1961. Sold years later to Philadelphia and stored there along with another 507 and mostly sat but was occasionally started and serviced. Then finally brought out in May of this year.

Awful, peeling, blistering old repaint in Pontiac Bright Blue sprayed in 1979. Worn, discolored upholstery with a pulled seam on the driver’s seat cushion. Aged and tired barn find but sound and complete. Video introduction in the barn and at Lime Rock, an important barn find from a shed in Philadelphia where it has been secreted since it was acquired by Herman Bold in 1979 for $22,000 43 years ago.

Bottom Line: This car is a rat. It also is a wonderful rat, started from time to time and driven out of its shed under its own power after decades in limbo. It got the Audrain collectors’ juices flowing, but they couldn’t match the phone bidder who bought it. Now the new owner is going to have to decide what to do with it having paid generously but not egregiously for the privilege of owning it.

by Rick Carey
7 October 2022
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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.