Scottsdale Auction Results
Alex Finigan, our Sales and Brokerage expert, attended the 2013 Scottsdale Auctions on behalf of three different clients. Continuing a long and complimentary relationship with Gooding & Company, Alex represented the owner of the 1959 Porsche RSK which sold for a new world record price of $3.135M, including the 10% buyer's premium.More...
Assisting a client in pursuit of an original, low-mileage Lancia B24S Spider America, Alex investigated the car's history, inspected the car on site, and then helped to develop a bidding strategy, suggesting a top budget of $400,000. Although unsuccessful in attaining the car, Alex felt the client was well served in preparing for the emotions of the day, as the car ultimately sold for almost twice the estimate.
Before the auction, Alex completed his own investigation of the rare Fantuzzi bodied 1957 Maserati 150 GT Spider. The new owner was particularly pleased with the winning bid of $3.080M, an amount below Alex's recommended bidding limit.
Saoutchik Roadster is Restoration of the Year
Latest News from the International Historic Motoring Awards:
"Restoration of the Year was won by the ‘Avant-Garde Torpedo Roadster’ the 1928 Mercedes-Benz 680S with coachbuilt body by Jacques Saoutchik. Following a meticulous restoration by Paul Russell and Company, which saw members of the restoration team travel from the USA to Germany to see two similar Saoutchik-bodied cars that still had their original lizard skin interiors, this car took the Best of Show award at the 2012 Pebble Beach Concours d'Elegance.More...
"Without the ability and creativity of restorers and the dedication of owners a great many cars would be lost forever. A truly great restoration requires a combination of in-depth research, historical knowledge, sensitivity, and a huge range of technical skills - and often more than a little ingenuity.
"For this award the judges are looking for the highest conceivable level of workmanship, applied to a vehicle of historical significance or importance. Provenance and originality are vital - this is restoration not re-creation - a meticulous, comprehensively-documented restoration of a vehicle that has been returned to what it was in its glory days."
Funds Raised for McPherson College
Paul Russell and Company was pleased to host a fundraiser on Saturday, November 3, 2012, for the benefit of the McPherson College Automotive Restoration Program. The centerpiece of the event was a celebration of our 2012 Pebble Beach Concours d'Elegance Best of Show winner, the 1928 Mercedes-Benz 680S Saoutchik Torpedo Roadster. With the support of our generous sponsors, we were able to present a check to Amanda Gutierrez, McPherson College vice president for automotive restoration, for almost $60,000.More...
Essex, MA -- Paul Russell and Company, the automotive restoration and preservation specialists of this year's Pebble Beach Concours d'Elegance Best of Show Winner, the 1928 Mercedes-Benz 680S Saoutchik Torpedo Roadster, brought the Mercedes star back east November 3rd to an eager crowd of enthusiasts, raising funds for McPherson College's Automotive Restoration Program, the country's only four-year Bachelor of Arts program devoted to the craft. The event raised nearly $60,000, from over 200 avid auto enthusiasts, sponsors, and supporters who were treated to a first-hand explanation of the custom coachbuilder's art from the restoration team, several of whom are McPherson College Graduates.
"We are thrilled to champion the Automotive Restoration Program at McPherson College, and to have Program graduates involved in a restoration project of this magnitude - an exquisite example of the 'coachbuilt era' motorcar," Paul Russell, a long-time Educational Advisory Board Member of the school, and event host said.
Partner sponsor Mercedes-Benz USA was on hand with a new LeMans Red SLS coupe looking every bit as classy as its 85-year old predecessor, showing the marque truly does withstand the test of time! They joined nearly a dozen other sponsors of the event from the historic, collector and vintage automotive industries, many of whom share a long-time interest and involvement with the McPherson College Automotive Restoration Program.
"We're proud to provide scholarship opportunities, to join in these fund raisers, and promote the McPherson College Automotive Restoration Program," Mike Kunz, of Mercedes-Benz Classic Center in Irvine, California and fellow Educational Advisory Board Member at McPherson College said. "We also enjoy the first-hand benefit of employing the graduates of the Program, with one of our youngest employees becoming a specialist on our oldest model - the very car that launched the automotive age - the 1886 Benz Patent Motorwagen!"
Hagerty Insurance, specialty auto insurers were on-board and on-hand to enjoy the presentation and shop tour. "It is important for all of us to support institutions like McPherson College so future generations learn how to properly restore classic cars. McPherson sets the standard and their graduates can be found at some of the world's leading restoration shops and winning prestigious awards at events around the country." McKeel Hagerty, President and CEO said.
Panther City Classic Autos, Jay Leno, BASF Glasurit, Gooding & Company, Premier Financial Services, Intercity Lines, Griot's Garage, Michael Furman Automotive Photographer, and Motorsport Marketing Resources were all key sponsors, helping with everything from donations to in-kind assistance to make the event a success.
The restoration team took attendees through the meticulous processes they used to bring the 1928 Mercedes-Benz up to the exacting Pebble Beach standards. Processes, such as researching and recreating the lizard skin upholstery were accomplished with utmost deliberative care, and over 1500 hours were spent on this endeavor alone! Chris Andrews, son of the vehicle's owners Paul and Judy Andrews of Fort Worth, TX was closely involved in monitoring the progress through the nearly two-year long project, emphasizing the roadworthiness of the finished product, in addition to its Pebble Beach Concours preparation. Their Panther City Classic Autos are also among the event supporters.
"I'm proud to be part of this team," McPherson Graduate, Stacy Puckett, the Resource Manager at Paul Russell and Company said. "Preserving the history of these important early motorcars so future generations can enjoy and learn from them is a pretty awesome job."
Amanda Gutierrez, McPherson College vice president for automotive restoration, said they were pleased to have so many restoration alumni involved with the Best of Show winner and appreciate all the efforts of Paul Russell and Company to organize this benefit.
"At McPherson College, we teach students the skills, historical background and global perspective they need to develop into world-class restorers - like those at Paul Russell and Company," she said. "We are so proud of our alumni success and their passion and professionalism. Our thanks go to Paul Russell for seeing the value of McPherson College."
To learn more about the McPherson Auto Restoration Program, visit www.mcpherson.edu/autorestoration.
Cavallino Classic XXI
The 2012 Cavallino Classic was a sunny showcase of important Ferraris both with and without racing lineage. The field offered up something to admire for every sort of Ferrari enthusiast, from the rugged 1963 GTO to the refined elegance of a 1951 212 Export Spyder Vignale. It was a beautiful day to be a Ferrari admirer. We presented two cars, one a fresh restoration and the other a preservation project. Both cars did very well, as they received 2 class awards and 3 major awards. Our sincere thanks and congratulations go to both of our enthusiastic and committed car owners. More...
1967 Ferrari 275 GTB/4 Berlinetta alumino.
Delivered first to Switzerland and used to tour Europe, this wedding gift was then shipped to Canada. The next owner had it repainted brown metallic and fitted with a cream interior and lime green carpets. Other major modifications included the installation of a sunroof, large speakers on the back shelf, and a rectangular front grille guard. We hear it made quite an impression as it was often parked on the streets of Montreal. We purchased it on behalf of the current owner and restored the car to the 1967 Scaglietti configuration, and the original colors of Rosso Chiaro paint with Nero full leather interior.
Awards: Platinum Award (95+ points), Gran Turismo Ferrari Cup (Best of Show for road cars)
1953 Ferrari 375 MM Spyder. This car had been stored in a barn since being raced at Watkins Glen in 1973. Our client brought it to us in 2010 to be recommissioned mechanically, and for a sensitive touch while preserving the cosmetics. We are honored to be entrusted with this important project and its ongoing care. The owners have continued its racing lineage by participating in hillclimb events, as well as concours events, both here and abroad.
Awards: Platinum Award (95+ points), Competition Cup (for the finest racing Ferrari), Preservation Vintage Cup (for the Ferrari best representing original preserved condition, pre-1975)
Autobahn-Kurier wins Louis Vuitton Classic Concours Award
The magnificent 1938 Mercedes-Benz 540K Autobahn-Kurier, which we completely restored in 2006, has been awarded the coveted Louis Vuitton Classic Concours Award for 2011. Only those cars that have won Best of Show at a major concours event during the year are considered. A jury of specialists decide the winner, based upon the elegance and refinement of the interior and exterior coachwork, the mechanical beauty, the appropriateness of form and function, as well as the authenticity, historical importance, and rarity.More...
The Autobahn-Kurier won Best of Show at the 2011 Concours d'Elegance of America, which qualified it for consideration. The award ceremony took place in Monaco on April 23, when a specially commissioned sculpture was presented to the owners.
This is our second "Best of the Best" award. The 1950 Ferrari 166 MM/195 S Berlinetta Le Mans, completed in 2007, won the Louis Vuitton Classic Concours Award for 2008 after winning Best of Show at the Villa d'Este Concorso that year.