THESE SEVEN CLASSICS FROM AMELIA ISLAND AUCTIONS ARE MARKET MOVERS


Publish date: 2016-03-21 11:32:49
classic cars

It has been more than a week since the 2016 Amelia Island Auction was concluded– and we can’t seem to get over the plethora of more than 90 classic cars that were auctioned and sold last March 12. It was a high-end, international smorgasbord of classic cars from all over the world, with European cars dominating the scene. Though most of the cars that rolled out during the Amelia Island Auction were mostly from Europe, the final auction sales is a pretty good mix of American and Asian cars as well. Here are seven cars auctioned on that day that may likely rise in value during the next few years. Some of them may have not be overly expensive and with some not even reaching their minimum auction value, but with a clear indication of steadily rising in their market value it will not take long before we see these market movers under the limelight once again.

1967 Toyota 2000 GT

  1. 1967 Toyota 2000 GT

Asian cars have been seeing their day under the spotlight for quite some time already, and this 1967 Toyota 2000 GT is surely a cut above the rest. Being one of the few Japanese cars ever hitting the auction block, there were questions if this car has potential of hitting the 7-digit price mark seeing how the market seems to recently favour Japanese sports cars.

This particular 2000 GT model were sold and delivered new in the U.S. to Don Placke Toyota of St. Louis, Missouri – one of the 62 left-hand drive examples that were made specifically for the US back in 1967. Garbed in a crisp and impressive, all-white finish, its power comes from a 1,988 cc, 2,000 cc Yamaha DOHC hemi-head aluminum inline six-cylinder engine maxing at 150 bhp. It was sold at a last price of RM $797,500 slightly lower than RM Sotheby’s estimated value of $800,000 to $950,000.

1962 Rolls-Royce Phantom V Limousine

  1. 1962 Rolls-Royce Phantom V Limousine by Park Ward

Coachbuilt Rolls-Royces and other big limousines seem to make a comeback, and are currently in great bargains. However, this doesn’t mean that they can go any lower than the 6-digit mark. This genuine 1962 Rolls-Royce Phantom V coachbuilt by Park Ward is one of the very few luxury cars that the company built for its elite upper class clientele. It remained a tremendously expensive automobile that was produced solely to individual special-order; as with earlier Rolls-Royces. Lot #136 comes with a 220 bhp, 380 cu. in. overhead-valve V-8 engine, four-speed automatic transmission, independent front suspension with coil springs and an anti-roll torsion bar, rigid rear axle with semi-elliptic leaf springs, and four-wheel hydraulic drum brakes. This Phantom V has 20,000 miles on the clock and comes with a full Rolls-Royce Foundation documentation. Initially valued between 125,000 to $175,000, it went under the hammer for a final auctioned price of $104,500. It can be observed that it’s hard to find buyers for something so specific like this particular Rolls-Royce. However, Phantom Vs are rapidly becoming among the most desirable of modern coachbuilt Rolls-Royces that the opportunity here is to acquire a well-maintained and largely original example.

1978 Toyota FJ40 Land Cruiser

  1. 1978 Toyota FJ40 Land Cruiser

Believe it or not, every major classic car auction is legally mandated to feature a Toyota FJ40. Since it rapidly increased in value a few years ago, particularly in the 5-digit mark category, almost every auction block back features the Land Cruiser. This 1978 model is a product of a meticulous frame-off restoration using NOS parts. Even though the front disc brakes’ design stretches back to the 1950s, it was only in 1978 that these were installed in the FJ40. Aside from its unique disc brakes, under the hood, it is powered by a 4,230 cc OHV inline six-cylinder engine, four-speed manual transmission with low-range and part-time all-wheel drive, and front and rear live-axle suspension. Estimated to bring in as much as $70,000 to $90,000, this ’78 Toyota FJ40 was sold for $82,500.

1985 Ford RS200 Evolution

  1. 1985 Ford RS200 Evolution

With only 24 RS200 Evolutions ever built, it will not come as a surprise if we don’t see these performance cars much often. Much more if you’re looking that Group B racer that was once tagged as the “fastest accelerating car in the world” by the Guinness Book of World Records. With 600hp coming from its 2,137 cc DOHC 16-valve turbocharged inline four-cylinder engine with Bosch electronic fuel injection, this RS200 is fitting representative of the Golden Era of rallying. Sad as it may sound, it only comes with a 450km mileage, which is forgivable knowing that there are only 23 of its kind somewhere out there. So virtually, it may also be the fastest and most unused accelerating car in the world. RM estimated it to hit the auction hammer anywhere between $475,000 and $675,000. It was eventually sold for $522,500.

1963 Volkswagen Type 2

  1. 1963 Volkswagen Type 2 ’23-Window’ Super Deluxe Microbus with Eriba Puck camper

 It doesn’t come as a surprise if you bump on a 6-figure, 23-window VW bus every now and then. But having to see it restored in its original Turquoise and Blue White color scheme with a similarly colored camper trailer is a rare oddity indeed. RM describes this 1963 Volkswagen Microbus as a “rare walk-through model”, more so because of its accompanying rare, 1967 Eriba Puck camper. As with all VW Microbus, it comes with enough horsepower from its 585 cc OHV air-cooled horizontally opposed four-cylinder engine, to comfortably pull itself and its camper along the interstate. Built in Wolfsburg, Germany, on March 13, 1963, according to its Certificate of Authenticity, the bus was subsequently sold new in San Francisco. Some years later, the bus was purchased by a private girls’ school in Kansas City as it offered comfortable seating for nine passengers. In the 1990s, the bus and trailer found their way to San Francisco with Microbus enthusiast David Yost, who reportedly performed a bare-metal restoration during his 12-year ownership, including spending an estimated $11,000 on the camper alone, renewing its paint, top, stove, refrigerator, and sink. RM estimated that the pair will sell between $125,000 and $175,000, and it did pretty well on the auction block with a final selling price of $159,500.

1984 Ferrari 288 GTO

  1. 1984 Ferrari 288 GTO

If you’re a fan of high-performing cars during the 1980s, then probably this car was in your wish list, or has even made its way on your wall as a center-piece poster. The iconic 1984 Ferrari 288 Gran Turismo Omologato doesn’t hit the auction block quite often, but when they do, people certainly turn their heads more than twice. Its more than adequate 400hp comes from a mid-mounted twin-turbo 2.8-liter V8 with fuel injection that cycles through a manual, 5-speed transmission capable of 0-60 at an amazing 4.8 seconds. This particular 288 GTO is not just know for its beastly performance, but also for being the first, officially Ferrari 288 GTO to ever be delivered and sold to Japan on April 10, 1985 to Yoshiho Matsuda – a very prominent figure in worldwide Ferrari circles. Mr. Matsuda is noted for having the world’s finest and most complete Ferrari collection, housing some of the marque’s most valuable and significant automobiles, including a trio 250 GTOs, in a museum-like setting. With 6,800 miles on the clock, and one of the 272 models ever made, RM auction experts predicted its value to range anywhere between $2.3 and $2.6 million, and even higher knowing that there always a battle for one of these every time it hits the auctions. It was eventually sold for $2,585,000

1958 Pontiac Bonneville

  1. 1958 Pontiac Bonneville “Fuel-Injected” Convertible

In an uncharacteristic move, General Motors introduced new bodies and chassis for all its cars back in 1958, offering a mechanical fuel injection system in some of its peak performers rendering it to be the most powerful among its generation. With only around 200 cars fitted with this system, this extremely rare fuel-injected 370 cu. in. OHV V-8 engine maxes out at 310 bhp and is moderated by a 4-speed Hydra-Matic automatic transmission, independent coil-spring front suspension, live rear axle with trailing arm coil-spring suspension, and four-wheel hydraulic power drum brakes. This particular build is claimed to be of a concours-grade, and is equipped with period options including dual spotlights. With an estimated value of $125,000 to $150,000, RM Sotheby’s eventually auctioned it at $121,000.

You may visit RM Auction’s website through the link below if you wish to see the all of the auction results of March 12. It is interesting to point out that the latest offerings of the famed auction house highlights a various classics not just from Europe but also on the local front such as Fords, Cadillacs, and Chevys.

The title of being the highest auctioned car of the 2016 Amelia Concours goes to a 1962 Ferrari 400 Superamerica LWB Coupe Aerodinamico by Pininfarina that went under the hammer for $4,400,000 (refer to the fist image of this article). Originally designed for the impeccable American sportman Erwin Goldschmidt, the blue beast of a hypercar was once humbly titled as the “Greatest Beast of them All.”

References & Photo Credits:

http://autoweek.com/article/auctions/9-cars-watch-rm-sothebys-amelia-island-auction

http://www.rmsothebys.com/am16/amelia-island/results/

 

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