Porsche products resonate with enthusiasts. Whether it’s the remarkable story involving a seemingly perpetual product that’s enjoyed over a half century of development or their deep motorsport heritage, the iconic brand has cemented itself as one most enthusiasts aspire to experience at one point in their life. For some, they need more than one taste of the brand, evidenced in 2014 by what seemed like an endless array of Porsche products offered for sale at collector car auctions.
Auction Editor Rick Carey was busy traveling the globe in 2014 to give Sports Car Digest readers the realities of some of the automobiles that circulate throughout the auction world. Visiting more than 30 different sales, Carey surveyed a glimpse of Porsche’s greatest moments, as racing legends like the RSK Spyder, 907, 917 and 956 crossed the auction block. At the opposite end of the spectrum were a few less-than-coveted items, such as a 924 Turbo that made it across the block on a tow strap. There was something for everyone.
The collector car auction machine will soon crank up in earnest again, offering more data points to see if Porsche cars continue enjoy seemingly impossible sales figures. For now, however, we’ll roll back the clock to January of this year when the Scottsdale auctions kicked off the auction season.
Listed in chronological order, Rick Carey’s reports on the 68 Porsches analyzed for 2014:
Bonhams Scottsdale 2014 – Auction Report
Lot # 199 1961 Porsche 356B 1600 Super Coupe; S/N 113267; Engine # P87483; Heron Grey/Blue leatherette; Estimate $100,000-$120,000; Recent restoration, 2- condition; Not sold at Hammer bid of $85,000 plus commission of; Final Price $85,000. 1582/75hp, power sunroof, Blaupunkt Koln multi-band radio, chrome wheels, luggage rack, Michelin XZX blackwall tires, Weber carbs, seatback head restraints, underbumper fog lights. – Paint 6007. Excellent paint over a very magnetic body. Good chrome and excellent new leather interior. Sharp, crisp gauges. Engine is like new and represented as matching numbers. Underbody has a little road dust residue in hard to clean places. – Reported sold at Worldwide’s Auburn auction last August for $91,300, it’s not hard to see why the consignor decided to hold on for a more attractive offer, although $93,500 with commission in this case should be all the money for this car. Maybe it’s time to take the money and run.
Lot # 187 1957 Porsche 356A 1600 Super Speedster, Body by Reutter; S/N 84142; Engine # 4095142; Silver/Burgundy leather; Black cloth top; Estimate $230,000-$260,000; Cosmetic restoration, 3 condition; Hammered Sold at $230,000 plus commission of 10.00%; Final Price $253,000. 912 engine, 1582/90hp reportedly original engine is included, chrome wheels, turn signals, Michelin XZX blackwall tires. – Paint #702. Cosmetically redone with very good fresh paint over a uniformly filled body. Fresh leather upholstery and interior trim, very good chrome. Underbody is old, if not original, and dirty. Engine is aged and oily. Not an attractive Porsche. – The bidders didn’t look closely at this Speedster and paid generously for a superficially presented car with all manner of questions. It would have been a reasonable buy at a lot less than the price paid or the low estimate, but the new owner got a skim coat of Bondo in the bargain, a drywall contractor’s car.
Lot # 154 1967 Porsche 911 Coupe, Body by; S/N 306528; Engine # 909869; Light Ivory/Black leatherette; Estimate $120,000 – $160,000; Recent restoration, 2 condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500. 1991/130hp, 5-speed, dated wheels, crested hubcaps, Bosch headlights, fog lights, rear wiper, jack and tool roll, no radio, Porsche Certificate of Authenticity. – Accurate and thorough restoration of a solid early 911 believed always in California. The devil’s in the details and this car presented extremely well. – Even at less than the low estimate, the price paid here was strong. Of course, early 911s are currently some of the quickest cars in the market and this result may be an anticipatory acquisition that will surface from slightly underwater in a year.
Lot # 149 1965 Porsche 911 Coupe; S/N 302226; Engine # 902350; Irish Green/Beige leatherette; Estimate $55,000-$75,000; Unrestored original, 4- condition; Hammered Sold at $106,000 plus commission of 10.00%; Final Price $116,600. No Reserve. 1991/130hp, 2×2 Solex, 5-speed. – Rust gaps down both sides, the catalog states ‘no major rust or previous rust repairs have been found’ because they’re all too obviously going to be needed. Runs and drives, but needs everything. – At this price the new owner can’t touch this car without going further underwater, a completely silly number that conflates ‘barn find’ with ‘desirable.’ Wrong. This is a $40,000 car that will easily cost a hundred grand to be presentable and usable, and be worth no more than $200,000 even with egregious inflation factored it. Ratty barn finds were the hot item in Scottsdale this year. Everyone had them, and everyone got restored car money for them. It makes no sense. (photo: Bonhams)
Lot # 111 1977 Porsche 911S Coupe; S/N 9117201892; Engine # 6273359; Silver/Black; Estimate $45,000-$55,000; Cosmetic restoration, 2 condition; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000. No Reserve. Fuchs wheels, 5-speed, power sunroof, sport steering wheel, air conditioning updated to R134, Blaupunkt AM-FM, Porsche Certificate of Authenticity, jack and tools. – Sat for years but now has rebuilt engine, clutch and brakes and a repaint in the original color. Reportedly 20,870 miles from new, with an appropriately good and largely unused original interior. Sits oddly high, like the springs haven’t settled. – Blew through estimate into 930 Turbo territory, proving the value of originality. Bid to only $55,000 at Mecum’s Monterey auction last August, the seller was rewarded for waiting and for accepting a modest estimate that drew in the bidders and resulted in this extraordinary result. The originality is not worth the premium it brought; the Porsche is expensive.
RM Auctions Arizona 2014 – Auction Report
Lot # 101 1966 Porsche 906 Carrera 6 Coupe; S/N 906-116; Engine # 906120; White, Silver sills/Red vinyl; Estimate $1,200,000 – $1,600,000; Competition restoration, 2 condition; Not sold at Hammer bid of $1,180,000 plus commission of; Final Price $1,180,000 – Fire system, steel wheels. – Thoroughly restored to race-ready condition without going overboard. Decent cosmetics, especially for a fiberglass bodied race car. Raced in Germany with modest success especially in hillclimbs driven by Helmut Leuze when new, eventually sold to Vasek Polak in disassembled condition before being restored by Freisinger Motorsports in the early 90’s and apparently little used since. Not ‘race-ready’ but close and nearly all original as delivered by Porsche. – A million dollars buys some pretty interesting and exciting cars, but rarely one so fast, quick, charismatic and adaptable as this Porsche 906. Let’s assume that $1.2 million would buy it (and it’s hard to see why at the quoted estimate it couldn’t have gone to a new home at the reported high bid) the new owner would have a rare, sexy, fast, limited production Porsche that could probably get a set of road plates in a liberal jurisdiction and be a thoroughly enjoyable car for high speed tours (Colorado Grand, anyone?) or on track. This is a lot of performance for the money.
Lot # 051 1961 Porsche RS 61 Spyder; S/N 718066; Engine # P90316; Silver/Red leather; Estimate $2,800,000 – $3,200,000; Competition restoration, 2 condition; Hammered Sold at $2,500,000 plus commission of 10.00%; Final Price $2,750,000 – 1600/178hp, dual Webers, 4-speed, Dunlop Racing tires, driver’s head fairing, full width windshield. – Excellent paint and interior. Filler cap is dinged up. Campaigned by privateer Bob Donner, 7th overall, 2nd in class at Sebring in 1961 and won at Pike’s Peak later that year. Later raced by Don Wester with two-tone paint and a 1,700 cc engine to more good results on the West Coast. Restored to original specs in the 1990s. A splendid late Porsche Spyder that should really be raced. – Easily one of the most charismatic of early Porsche competition cars and blessed with a superior US competition history, it should be no surprise that the Biltmore bidders rose to the bait and collected this RS 61 at a healthy but not extravagant price.
Lot # 026 1970 Porsche 911E Targa; S/N 9110210715; Engine # 06201893; Bahia Red/Black; Black vinyl top; Estimate $150,000 – $200,000; Visually maintained, largely original, 3 condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. No Reserve – 134/175hp, fuel injection, 5-speed, Fuchs alloy wheels, Yokohama Radial tires, glass rear window, push button radio. – Very good older respray and original interior. Exterior plastic and weather stripping is tired but solid. Well maintained, honest car with desirable specifications and extremely low stated miles. Kept in the same family for 43 years, taken care of and driven sparingly (an understatement for a car with 5,546 miles from new.) Represented as ‘as new’, but not quite, just a very well kept original example. – Repaint aside, this is an exceptionally well preserved, original Porsche in a desirable body style. It might not be trouble free after so little use, but it is surely rare.
Lot # 011 1959 Porsche 356A Convertible D, Body by Drauz; S/N 85719; Engine # 71496; Red/Black leatherette; Black cloth top; Estimate $175,000 – $250,000; Recent restoration, 2 condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000 – Represented as matching numbers, hubcaps, tools, books and complete records. – Full restoration completed in 2013, one owner for 50 years, excellent paint, tidy interior and engine compartment, body curves in at passenger side A-pillar, scraped steering wheel rim. – A very nice example of the rare Convertible D. 356s have been major movers in the market during the past year and look to continue. This price is reasonable and gives the new owner the prospect of some upside potential.
Lot # 008 1989 Porsche 911 Carrera Speedster; S/N WP0EB0916KS173315; Engine # 64K05823; Black/Cashmere Beige leather; Black top; Estimate $110,000 – $135,000; Unrestored original, 3 condition; Hammered Sold at $115,000 plus commission of 10.00%; Final Price $126,500. No Reserve – Wide body, air conditioning, Blaupunkt Charleston stereo, short-throw shifter, black Fuchs alloy wheels, limited-slip differential. – A clean and highly detailed driver showing 57,779 believable miles. Some scrapes and swirls in the paint, worn driver’s seat, windshield chips and some road rash. – Since buyers initially hoarded this model as instant classics, it is now not difficult to find one for sale with next to no miles. This example was well used, but prices have been trending up. If the price wasn’t too much, it was perhaps a bit too soon.
Porsches Sold at Auction in 2014 – Page Two
Mecum Kissimmee 2014 – Auction Report
Lot # S205.1 1965 Porsche 356C Coupe, Body by Karmann; S/N 221260; Engine # P716584; Red, /Tan vinyl; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $55,000 plus commission of; Final Price $55,000 – Chrome wheels, Vredestein blackwall tires, VDO oil pressure gauge, no radio. – Repainted over a consistent coating of Bondo or many layers of paint. Edge chips touched up with mismatched color. Orderly and clean engine. Sound interior with mismatched headrests. Weak trim chrome, frayed window channels. Old, dirty undercoat. ’64 build date with appropriate sequence engine number. Dressed up for the auction. – The Kissimmee bidders can’t be faulted for passing on this mediocre Porsche. It’s a driver, and this is appropriate money for it.
Lot # S165 1960 Porsche 356B 1600S Roadster, Body by Drauz; S/N 88348; Engine # P87182; Silver-Grey, /Black leather; Black cloth top; Older restoration, 3 condition; Not sold at Hammer bid of $150,000 plus commission of; Final Price $150,000 – Chrome wheels, Pirelli blackwall tires, hubcaps, Talbot mirror, Weber carbs, MSD distributor. – Good looking older repaint but with egregious overspray and body shop crud in the wheel wells. Modified engine. Good interior and top. Not reassuring but the engine and chassis numbers fall into the appropriate sequence for 1960. – Reported bid to $145,000 at RM Monterey last August.
Lot # S145 1973 Porsche 911 Carrera RS Touring; S/N 9113601222; Light Ivory, /Black leatherette; Visually maintained, largely original, 2+ condition; Not sold at Hammer bid of $500,000 plus commission of; Final Price $500,000 – – — A no-sale at RM Monterey last August at $430,000. Why is it worth more five months later?
Lot # S090.1 1964 Porsche 356C Coupe, Body by Karmann; S/N 21753; Engine # P601133; Black, /Red vinyl; Visually maintained, largely original, 3- condition; Hammered Sold at $60,000 plus commission of 8.00%; Final Price $64,800 – Blaupunkt multiband radio, chrome wheels, Michelin XZX tires. – Consistently filled body, mediocre old repaint, very thin chrome, orderly but superficially cleaned engine, old undercoat. Cracked steering wheel. A Porsche with no good surprises. ’59 356B 1600 Normal engine number. – Appropriately priced for its several shortcomings, a decent driver Porsche at a respectable price.
Lot # S085 1957 Porsche 356A 1600 Super Cabriolet, Body by Reutter; S/N 61740; Engine # P61887; Black, /Black vinyl; Black cloth top; Cosmetic restoration, 3+ condition; Hammered Sold at $195,000 plus commission of 8.00%; Final Price $210,600 – Chrome wheels, blackwall no-name radial tires, Blaupunkt radio, clock, Porsche CofA. – Good looking engine put in a not-so-good engine compartment. Body consistently skim coated with filler or many layers of paint. Sound upholstery, good new top, good steering wheel and gauges. clean, freshly painted underbody. Weak window sill, door handle and parking light chrome. An indifferently and erratically presented Porsche Cab with an engine number from the 1956 1600 Normal sequence. – This would have been a much better buy at $145,000 than this price. This is matching numbers, meticulously restored money and this car is neither.
Bonhams Paris 2014 – Auction Report
Lot # 410 1958 Porsche 356A 1600 Super Coupe; S/N 105921; Engine # 83048; Aquamarinblau/Red leather, cloth; Estimate $95,228 – $136,040; Modified restoration, 2- condition; Hammered Sold at $125,157 plus commission of 15.00%; Final Price $143,930 – Chrome wheels, braced rollbar, headlight stoneguard, Nardi woodrim steering wheel, bucket seats, custom aluminum billet shift linkage, Carrera seats, close ratio gears, exposed deck lid fuel filler, no bumpers. – Erratic paint over filled body. Intermittent orange peel. Lovely interior. Underbody done to high standards. Porsche Italia certificate, CSAI/ACI papers. An attractive car done cosmetically erratically but mechanically impressively. – Enough money for a cafe racer.
Lot # 402 1953 Porsche 356 “Pre-A” Coupe, Body by Reutter; S/N 51020; Engine # P31812; Pascha Red/Blue-Grey leather; Estimate $176,852 – $231,268; Recent restoration, 2+ condition; Hammered Sold at $176,852 plus commission of 15.00%; Final Price $203,380 – Telefunken multiband radio, hubcaps, whitewalls, dual outside mirrors, bent windshield. – Represented as matching numbers. Excellent paint, chrome and interior. Engine like new. Restored better than new. Very little filler. Foglights (or something) removed from front fender. – An exceptionally well restored and presented early Porsche with matching numbers confirmed by a Porsche Italia certificate. Looks great with the whitewalls and is Mille Miglia eligible where it will be a real hit. All things considered for its condition and rarity it is a good value at this price.
Lot # 339 1989 Porsche 911 Speedster; S/N WP0ZZZ91ZKS152438; Linen Metallic/Parchment leather; Blue cloth top; Estimate $136,040 – $204,060; Unrestored original, 2- condition; Hammered Sold at $367,308 plus commission of 15.00%; Final Price $422,404 – Blaupunkt Bremen cassette, Fuchs wheels, narrow body, tool kit, complete as delivered books, manuals and documentation. – 638 kilometers and absolutely like new except for some inevitable ageing. One of 171 narrow body, ‘non-Turbo look’, Speedsters out of 2,065 built. – Originality is highly valued among today’s collectors and this 911 Speedster is the epitome of originality. Even that, though, may not account for its exceptional price, something like three times the value of an ordinary Speedster.
RM Auctions Paris 2014 – Auction Report
Lot # 29 1982 Porsche 956 Group C Sports-Prototype; S/N 956-004; Engine # 956-131; White, Blue ‘Rothmans’/Black; Estimate $2,838,990 – $3,920,510; Competition restoration, 3+ condition; Hammered Sold at $2,838,990 plus commission of 12.00%; Final Price $3,179,669 – RHD. – Third at Le Mans in 1982 driven by Hurley Haywood, Al Holbert and Jurgen Barth. Second at Spa and Kyalami driven by Vern Schuppan and and Derek Bell. Second at Spa in 1983 with Bell Stefan Bellof, then third at Brands Hatch. Restored for Willi Kauhsen by Porsche in 1992 and essentially unused since. Clean, orderly vintage race car. – Part of the important history of one of Porsche’s periods of endurance racing domination. Made even better by its restoration by Porsche and bought appropriately for its history and performance.
Lot # 28 1964 Porsche 904 Carrera GTS; S/N 904045; Engine # 904046; Irish Green/Black; Estimate $1,351,900 – $1,892,660; Competition restoration, 2 condition; Hammered Sold at $1,554,685 plus commission of 12.00%; Final Price $1,741,247 – Leather rim steering wheel, Dunlop Racing tires, sliding side windows, covered headlights. – Owned and raced with some success in the UK when new by Dickie Stoop. Freshly restored to like new condition. – Pure history, performance and rare beauty make this 904 a particularly attractive buy, especially at this price.
Porsches Sold at Auction in 2014 – Page Three
Lot # 24 1973 Porsche 917/30 Can-Am Spyder; S/N 917/30-005; Blue, Yellow/Black; Estimate $2,838,990 – $3,920,510; Competition restoration, 3 condition; Not sold at Hammer bid of $2,703,800 – – Built by Porsche for Gerry Sutterfield in 1980 with a 5-liter 1,100 hp twin turbo flat twelve and an original 917/30 chassis. Done to concours standards then passed through several collections including Hans Thulin and at least two in Japan. Never raced (or even existed) in period, nor to any significant degree in vintage racing. Orderly but aged vintage race car with shiny new paint. – A legendary Porsche but marked more by its lack of history than by a roster famous drivers and races. The reported high bid seems more than reasonable.
Artcurial Paris Retromobile 2014 – Auction Report
Lot # 419 1973 Porsche 911 Carrera RS 2.7 Coupe; S/N 9113601115; Engine # AT6630900; White, Red ‘Carrera’/Black cloth; Estimate $394,806 – $449,262; Older restoration, 3+ condition; Hammered Sold at $442,249 plus commission of 16.00%; Final Price $513,009 – Sparco seats, 4-point belts, braced rollbar, red spoke Fuchs 7-, 8-inch rim wheels, Avon tires, rally timers removed, limited slip. – Actively rallied by the first owner Bernard Dulcy with co-driver Jean-Francois Bagarry. Factory replacement engine. Restored in the 90’s by the original owner and subsequently to complete the 2011 Tour Auto. Orderly, clean, dry rally car with good cosmetics, except where they took out the rally timers. – Sold by Bonhams here at Retromobile in 2008 for $425,430 in essentially the same condition as it is presented today. Considering the eligibility which its period history confers, it brought a sensible price here.
RM Auctions Amelia Island 2014 – Auction Report
Lot # 169 1959 Porsche 356A 1600 Super Convertible D, Body by Drauz; S/N 86142; Engine # P83559; Black/Black leather; Black cloth top; Estimate $125,000 – $175,000; Older restoration, 2- condition; Hammered Sold at $145,000 plus commission of 10.00%; Final Price $159,500. No Reserve – Chrome wheels, woodrim steering wheel, bumper overriders. – Good paint over thoroughly filled body. Very good chrome and interior. Orderly engine compartment. Pretty but not exceptional. – The Convertible D is the comfortable Speedster and has been pushing Speedster values for several years. This one was sold at Mecum’s Monterey auction in 2012 for $151,050, then at RM’s sale of the Don Davis Collection in April 2013 for $137,500. Its condition is not getting better with age, but its price is.
Gooding & Company Amelia Island 2014 – Auction Report
Lot # 86 1967 Porsche 911S 2.0 Soft Window Targa; S/N 500190S; Engine # 962149; Red/Black vinyl; Black leatherette top; Estimate $200,000 – $250,000; Recent restoration, 2 condition; Hammered Sold at $177,500 plus commission of 10.00%; Final Price $195,250 – Blaupunkt multiband radio, Porsche woodrim steering wheel, polished spoke Fuchs wheels, fog lights, off-brand radial tires, tool kit, Porsche CofA, short-throw shifter (original included.) – First owned by rally driver John Buffum. Freshly restored by Classic Showcase. Uneven passenger door fit. Good paint, chrome and interior. Fresh, sharp engine compartment with a replacement 911S engine. – It’s easy to imagine John Buffum wailing through the woods of Vermont on a fine summer’s day preparing for the Monte Carlo Rally. The price this 911S brought is representative of its condition and presentation, with little if any extra for the Buffum history and a modest deduction for the replacement engine. [Photo courtesy Gooding & Company © 2014 Gooding & Company, Brian Henniker] Lot # 77 1966 Porsche 911 Coupe; S/N 305518; Engine # 909295; Irish Green/Tan leather; Estimate $120,000 – $150,000; Older restoration, 3+ condition; Hammered Sold at $102,000 plus commission of 10.00%; Final Price $112,200. No Reserve – Blaupunkt multiband radio, chrome wheels, Vredestein blackwall tires, folding back seat, woodrim Porsche steering wheel, Porsche CoA, – Represented as matching numbers. Sound but flawed paint, good interior, weak chrome. Underbody is done nearly like new. Engine compartment is clean, orderly and nearly like new except for some loose insulation. An attractive example – except for the paint flaws – of an increasingly valuable Porsche. – Sold by Worldwide in Auburn last August for $77,000, a result that was a very good value for an early short wheelbase 2-liter 911 at the time. Its price here more than catches up with the market’s appreciation of early 911s. [Photo courtesy Gooding & Company © 2014 Chip Riegel]
Lot # 66 1968 Porsche 907 Longtail Endurance racer; S/N 907005; Engine # 17; White/Red cloth; Estimate $3,500,000 – $5,000,000; Competition car, original as-raced, 3- condition; Hammered Sold at $3,300,000 plus commission of 10.00%; Final Price $3,630,000 – RHD. Black centerlock alloy wheels, Dunlop Racing tires – 1964 Daytona 24 Hours winner, four-time LeMans 24 Hour entrant including first in class in 1971 and second in class in 1972, 4th at Sebring in 1969. Cracked Plexiglas rear window, sound old paint, worn interior. Restored in 2010 with a correct 8-cylinder engine in 1964 Daytona configuration. Well preserved but in as raced condition. – Porsche’s first 24 hour race winning car. That alone goes a long way to explaining its price.
Lot # 57 1969 Porsche 911E 2.0 Coupe; S/N 119200650; Engine # 6298491; White-Grey/Tan vinyl; Estimate $100,000 – $125,000; Not evaluated; Hammered Sold at $125,000 plus commission of 10.00%; Final Price $137,500. No Reserve – Sold by Gooding at Pebble Beach in 2011 for $104,500. [Photo courtesy Gooding & Company © 2013 Alejandro Rodriguez ]
Lot # 48 1959 Porsche RSK Spyder, Body by Wendler; S/N 718023; Engine # 90215; Silver/Red leatherette; Estimate $3,250,000 – $3,750,000; Competition restoration, 2+ condition; Hammered Sold at $3,000,000 plus commission of 10.00%; Final Price $3,300,000 – Wraparound windscreen, plastic rim steering wheel, driver’s head fairing – Confirmed by Porsche as the original engine and transmission. Raced when new by Roy Schechter including Nassau in 1959 and the 1960 Riverside GP. Restored in 2006 in its present configuration. Doesn’t appear to have been vintage raced, just consistently maintained and preserved in very good, essentially like new, condition with better paint and upholstery. – Sold by Gooding in Scottsdale a year and two months ago for $3,135,000, a static result for a desirable Porsche.
Auctions America Fort Lauderdale 2014 – Auction Report
Lot # 628 1965 Porsche 356 SC Cabriolet, Body by Reutter; S/N 161277; Engine # P713612; Light Grey/Blue leather; Dark Blue cloth top; Recent restoration, 2- condition; Hammered Sold at $151,000 plus commission of 10.00%; Final Price $166,100 – Blaupunkt multiband radio, Nardi style woodrim steering wheel, chrome wheels, Michelin XZX blackwalls, Solex carbs, K&N air filters. – Paint code 6410. Moderately magnetic body under excellent paint. Excellent interior, chrome and top. Engine compartment is like new except for the K&N filters. Restored like new with smooth, flat body, even gaps and flush fits. Numbers are from the 1964 range; engine number is for a Normal, didn’t see the Kardex. – Generously priced.
Lot # 192 1966 Porsche 912 Coupe; S/N 454382; Engine # 744184; Polo Red/Black; Recent restoration, 2 condition; Hammered Sold at $37,500 plus commission of 10.00%; Final Price $41,250 – 5-speed, Blaupunkt AM-FM, silver steel wheels, hubcaps, Michelin XAS blackwall tires, folding back seats, Porsche CofA. – Very good recent repaint over moderately filled body. Sound, lightly stretched original interior. Mostly good chrome. Very good, fresh engine compartment done like new. Underbody is like new. An unusually thoroughly done 912. 1965-series engine number. – With early 911s rocketing out of sight the 4-cylinder 912s are getting attention as an attractive alternative. This one is very well done and freshly presented in essentially showroom condition with its original interior. The result is superior for a 912, but congruent with early 911 values’ escalation.
Porsches Sold at Auction in 2014 – Page Four
Mecum Houston 2014 – Auction Report
Lot # S100 1974 Porsche 911S IMSA Coupe; S/N 9114101035; Orange, , Yellow /; Competition restoration, 3 condition; Not sold at Hammer bid of $325,000. 3.0/360hp, 4-speed, Carrillo rods, dry sump, 24 gallon fuel cell, fire system, whale tail rear spoiler, BBS wheels, Hoosier tires. – Driven by Paul Newman and Bill Freeman at Sebring in 1977. Subsequently campaigned in Camel GT and in IMSA GTU and GTO. Restored from 2006 to 2009 and currently set up for vintage racing. A desirable 911 racer even without the Paul Newman connection, but it obviously sweetens the deal. – There are lots of 911S race cars out there, but few enough with Paul Newman history, An ordinary car is worth this much. Sebring and PLN add a significant premium and the seller reasonably elected to take the car home.
Lot # S077.1 1970 Porsche 911E Targa; S/N 911021090; White/Black; Black vinyl top; Visually maintained, largely original, 3- condition; Hammered Sold at $30,000 plus commission of 8.00%; Final Price $32,400. 2.2, Bosch mechanical fuel injection, 4-speed, Fuchs wheels, Toyo radial tires, glass rear window, gold script on the rear deck, aftermarket cassette radio. – Represented as matching numbers. Decent paint and original interior. Tired weather stripping and trim. A little worn out, but solid and complete. – What are we missing here? This 911E should be worth twice this number. Better check the numbers.
Lot # S024 1968 Porsche 912 Coupe, Body by Karmann; S/N 12802062; Engine # 744162616/36; Burgundy/Black leather; Visually maintained, largely original, 3- condition; Hammered Sold at $24,000 plus commission of 8.00%; Final Price $25,920. 1600, 5-speed, Arizonian radial tires, modern Pioneer radio. – Attractive repaint that has some light scratches up close. Weak chrome and brightwork. Scuffed up wheels. Well kept original interior. Clean engine bay. Equipped with the optional five-speed. Looks great from far away but is certainly flawed. Could be a great driver, and of course has the coveted lines of a much more valuable 911. – This result seems fair for an orderly and well-maintained but driven 912, particularly when its early 911 brethren are highly sought and bringing astonishing prices.
Lot # F251 1991 Porsche 911 Carrera Cabriolet; S/N WP0CB2966MS461689; Black/Red leather; Black cloth top; Unrestored original, 3- condition; Hammered Sold at $24,000 plus commission of 8.00%; Final Price $25,920. 3.4, Tiptronic automatic, BF Goodrich g-Force Sport tires, red brake calipers, Pioneer radio. – Numerous scratches in the paint. Worn seats with a large tear on the passenger’s side. Represented as having a 3.4 even though these came with a 3.6. Hard to ignore cosmetic flaws and the Tiptronic transmission hurt what would otherwise be a very neat little car. – Reported bid to $19,000 at Kansas City in December, the seller was fortunate to find someone here in Houston willing to rise to the bait for this tired and used Porsche. The result here is too much, but not by enough to warrant serious approbation.
Lot # F192 1985 Porsche 930 Turbo Coupe; S/N WP0ZZZ93ZFS000700; Black/Black leather; Original, modified for competition or performance, 3- condition; Hammered Sold at $40,500 plus commission of 8.00%; Final Price $43,740. Gemballa performance package, Red brake calipers, Kumho Ecsta tires, whale tail spoiler, rear window wiper, sunroof, tinted windows, P/W, A/C, power seats, Momo steering wheel, dash clock, Pioneer stereo. – Tired, lightly scratched original paint. Lightly worn interior. Driven plenty, but not abused. In surprisingly good shape for a modified car that’s almost thirty years old and with 91,616 miles on the clock. – Once the rage among NBA stars and cafe racers, the Gemballa package has lost its appeal in the aftermarket, not least because many were thoroughly used for high speed showing off. The seller should be happy to get this much for this well-used example.
Auctions America Auburn Spring 2014 – Auction Report
Lot # 4127 1965 Porsche 356C Coupe, Body by Karmann; S/N 221260; Engine # P716584; Red, /Brown vinyl; Cosmetic restoration, 3+ condition; Hammered Sold at $50,500 plus commission of 10.00%; Final Price $55,550 – Chrome wheels, hubcaps, Vredestein blackwall tires, no radio, twin grille, Weber carbs. – Good paint not thoroughly wet sanded on the doorjambs and with some filler on the body sides. Sound but stretched upholstery. Neat engine compartment with a replacement engine. A sound driver quality Porsche. – Crossed the block earlier this year at Mecum’s Kissimmee auction with a reported high bid of $55,000 and sold here for realistic money.
Bonhams Greenwich 2014 – Auction Report
Lot # 403 1970 Porsche 911E Targa; S/N 9110210659; Engine # 6201655; Silver/Black leather; Black vinyl top; Estimate $8,000 – $12,000; Unrestored original, 4- condition; Hammered Sold at $25,000 plus commission of 10.00%; Final Price $27,500. No Reserve – 2195/155hp, 5-speed, Fuchs wheels, Dunlop tires, glass rear window, Blaupunkt radio. – Terrible paint and interior. Mostly complete car, but what’s there is rough and filthy. This is the consummate barn find, complete with obligatory mouse poop and spider webs. Of the handful of cars presented as freshly discovered barn finds at this sale, this Porsche was in the best overall shape. – The 911E shares its engine with the performance tuned 911S, benefiting from the strength built into the S for high output racing applications but driving much better on the street with more low end power. The E is no slouch for power, however, delivering its 155bhp from just 133 cubic inches. The Greenwich bidders saw a $125,000 restored car in this rolling pile of parts and it is reasonable to expect that it’ll be achievable at less than the difference in value. An astute buy even at double Bonhams’ unusually circumspect estimate range.
Lot # 378 1987 Porsche 930 Turbo Coupe; S/N WP0JB0930HS051462; Black/Black; Estimate $45,000 – $55,000; Unrestored original, 3+ condition; Hammered Sold at $44,000 plus commission of 10.00%; Final Price $48,400 – 3299/282hp, 4-speed, whale tail spoiler, OZ Racing wheels, Dunlop SP Sport tires, sunroof, Blaupunkt stereo, A/C, dash clock, later leather-rim steering wheel. – Decent paint with some chips on the fenders and a few touch-ups. Lightly dinged up wheels. Very good interior with lightly worn seats. Late example showing 77,901 miles. Driven less than 3,000 a year, but eventually that adds up. A used car that is still solid and taken care of. – Often crunched, but even more often garishly accessorized with body kits, this is a well preserved example with known miles. Its price is comfortable for both the buyer and the seller.
Porsches Sold at Auction in 2014 – Page Five
Worldwide Houston 2014 – Auction Report
Lot # 063 1962 Porsche 356B 1600 Super 90 Coupe, Body by Karmann; S/N 210509; Engine # P805297; Bali Blue/Beige leather; Black cloth top; Estimate $80,000 – $100,000; Cosmetic restoration, 3+ condition; Hammered Sold at $67,500 plus commission of 10.00%; Final Price $74,250 – Nardi woodrim steering wheel, clock, no radio, seat belts, luggage straps, chrome wheels, Michelin XAS tires, Weber carbs. Twin grille, outside fuel door. Engine number matches Porsche CofA. – Good paint, interior and chrome. Filled lower right body. Old undercoat on underbody, weak trim chrome. Orderly engine compartment. Documented with Porsche CofA and Kardex copy with matching numbers engine. – Sold by Barrett-Jackson at Palm Beach in 2006 for $55,620 in essentially the same condition as it was presented here, the modest increment in price over the intervening 8 years confirms its value and good condition.
Lot # 055 1955 Porsche 356 “Pre-A” 1500 Super Speedster, Body by Reutter; S/N 80895; Engine # P41412; Red/Tan vinyl, Red piping; Tan cloth top; Estimate $350,000 – $450,000; Recent restoration, 2+ condition; Hammered Sold at $350,000 plus commission of 10.00%; Final Price $385,000 – Silver steel wheels, hubcaps, blackwall tires. – Excellent paint, chrome and interior, Freshly restored better than new. Represented as matching numbers, documented with Porsche CofA and Kardex with two owners from new. Freshly restored and impeccably presented. – A third of a million dollars for a 70hp (DIN) car with notorious handling. It’s what the market will bear – and in this case may even be, in market terms for a meticulously restored two-owner example, something of a good value. It’s still $5,500/hp (DIN).
Lot # 032 1967 Porsche 911S Coupe; S/N 306058S; Engine # 960378; Irish Green/Brown vinyl, cloth; Estimate $175,000 – $225,000; Cosmetic restoration, 3+ condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000 – Chrome spoke Fuchs wheels, Yokohama blackwall tires, sliding sunroof, folding back seats. – Good paint and interior. Thin, scuffed trim chrome. Clean, orderly engine compartment. Underbody freshly coated with black over everything. Good driver quality presentation that can be shown with confidence at the end of a fast drive. First owned by Wilhelm Sebastian, who had been Rudolf Caracciola’s riding mechanic for Mercedes-Benz in the Thirties. Represented as matching numbers, original engine, documented with Porsche CofA and Kardex. – There is a lot to like about this early 2-liter 911S, and a lot to fear from its 180hp and short wheelbase handling. Coveted by Porsche collectors today, this 911S has wonderful attributes, select provenance and is thoughtfully presented in very good condition without having needed restoration. The catalog says it ‘ticks all the boxes’ and that is true, especially at this reasonable price.
Lot # 017 1964 Porsche 356 SC Cabriolet, Body by Reutter; S/N 159720; Engine # P810007; White/Red leather; Black cloth top; Estimate $175,000 – $225,000; Unrestored original, 2- condition; Hammered Sold at $310,000 plus commission of 10.00%; Final Price $341,000 – Chrome wheels, Michelin MX blackwall tires, Nardi woodrim steering wheel, radio delete, Weber carbs, K&N air filters. – Represented as an all original, two-owner 3,753 mile car. Aside from a few nit picks (small paint chips where the top latches to the windshield header, some maintenance details in the engine compartment, dead sun visors) this is a delightful, original, meticulously maintained and preserved original Porsche. – The 356 SC is the ultimate evolution of the production Porsche before it was superseded by the 901 (911 thanks to Peugeot’s trademark.) The originality of this 356 SC is exceptional, and it induced the Houston bidders to pay more, and more, and even more than that, nearly 50% more than a meticulously restored example. But, as is observed time and again with crisp, well-maintained original cars, where will another so good show up? This is a magnanimous premium for originality, not to be confused with cars actually driven for the last half century.
Motostalgia Houston 2014 – Auction Report
Lot # 143 1955 Porsche 356 “Pre-A” Continental 1500 Cabriolet; S/N 60873; Engine # P35295; Terracotta/Ochre; Estimate $365,000 – $405,000; Recent restoration, 2+ condition; Hammered Sold at $305,000 plus commission of 10.00%; Final Price $335,500 – Bent window, hubcaps, silver painted trim rings, whitewalls, Becker Mexico radio, chrome bumpers, translucent green visors, no hood handle, tool kit and owner’s manual. – Restored like new with better cosmetics. A really pretty car in a lovely period color combination that is the way it was delivered including its original engine. – A particularly choice Porsche, restored with meticulous attention to its original configuration and appropriate parts. It was reported sold at the Gooding Scottsdale auction last January for $310,750, selling here for about $5,000 less on the hammer essentially confirming its value about 1/3 million dollars.
Lot # 107 1960 Porsche 356B Coupe, Body by Reutter; S/N 109796; Engine # P601046; Red/Black vinyl, cloth; Estimate $50,000 – $75,000; Cosmetic restoration, 3+ condition; Post-block sale at $47,273 plus commission of 10.00%; Final Price $52,000 – Blaupunkt multiband radio, chrome wheels, Goodyear blackwall radials, Porsche CofA. – Restored some time ago. Hasn’t been like new since 1960 but has good paint, chrome and interior. Engine is orderly but shows use. – This coupe would have been a better value in the high $40’s than in the low $50’s but that’s hardly enough difference to call it one way or the other.
Mecum Indianapolis 2014 – Auction Report
Lot # G123 1980 Porsche 924 Turbo Coupe; S/N 93A0151226; Silver, Matte Black hood/Black; Modified restoration, 3- condition; Not sold at Hammer bid of $6,500 – Fuchs wheels, Pirelli tires, sliding sunroof, covered headlights. – Carrera GT Replica, modified, but not running and pretty tired, a project car that the seller lost interest in. – A modified car that has to be brought onto the block on a tow strap is, essentially, doomed. If the seller shows so little interest why should buyers? Any money bid should have bought this neglected rat.
Mecum Seattle 2014 – Auction Report
Lot # S160.1 1960 Porsche 356B Coupe, Body by Reutter; S/N 111700; Engine # P602633; Yellow/Green leather; Older restoration, 3 condition; Hammered Sold at $58,000 plus commission of 8.00%; Final Price $62,640 – 1,582cc/70hp, chrome wheels, hubcaps, no radio or spare, sliding sunroof, folding rear seats, Weber carbs, K&N air filters. – Documented with a Porsche CofA. Sound paint, chrome and interior but superficially restored and used. Not a good combination. – This result is more money than the ordinary car it bought, by 25% or so.
Lot # S062 1986 Porsche 911 Turbo Slantnose Coupe; S/N WP0JB0937GS050226; Engine # 68G00202; Guards Red/Tan leather; Visually maintained, largely original, 3 condition; Not sold at Hammer bid of $40,000 – Simmons gold center modular wheels, Kumho blackwall tires, wing, Kenwood CD stereo, sliding sunroof, aftermarket woodrim steering wheel, P/W, A/C.. – Represented as 63,485 miles. Slantnose conversion. Good paint, worn and surface-cracked upholstery. Dusty engine compartment. Condition borders on tired but is sound and usable. – Used, modified and the beneficiary (if that’s the term) of uncertain modifications. It could have been happily unloaded at the reported high bid It’s 911 Turbos like this that make unmodified, consistently maintained 911 Turbos look good.
Porsches Sold at Auction in 2014 – Page Six
RM Auctions Monterey 2014 – Auction Report
Lot # 257 1989 Porsche 911 Carrera Speedster; S/N WPOEB0912KS173568; Engine # 64K06171; Guards Red/Black vinyl; Black top; Estimate $250,000 – $325,000; Unrestored original, 2- condition; Hammered Sold at $280,000 plus commission of 10.00%; Final Price $308,000. No Reserve – 3164/215hp, 5-speed, black Fuchs wheels, Bridgestone tires, dash clock, Blaupunkt Reno stereo, A/C. – Correct, totally original car. Excellent paint. Very light wear on the driver’s seat. One of just 2,104 examples built. Final price it was delivered new was $70,272. It was kept as a showroom display for several years at Jim Ellis Porsche in Atlanta, Georgia and was never registered until the last couple of years. Its light use and remarkably preserved condition are corroborated by the 387 miles on the odometer. – A hundred thousand dollar for originality and low miles.
Lot # 223 1965 Porsche 911 2.0 Coupe; S/N 301036; Engine # 901133; Bali Blue/Black with Black and White hounds tooth inserts; Estimate $300,000 – $400,000; Recent restoration, 2+ condition; Hammered Sold at $280,000 plus commission of 10.00%; Final Price $308,000. No Reserve – 1991/130hp, dual Solex carbs, 5-speed, chrome wheels, Vredestein tires, wood-rimmed Porsche steering wheel, Blaupunkt push button radio, spare, jack and tools. – Excellent paint and interior. Engine bay is also very clean, lightly used and correct. As clean underneath as it is on top. Desirable early 911 in fantastic shape. Briefly owned by Magnus Walker, and reunited with its original engine during recent restoration. – Things are going well when a Porsche collector looking for a Typ 901 engine for a 911 restoration finds one in the classified, and it turns out to be the engine that was originally in the car. This is a beautifully done restoration ready to rack up show awards but also seriously expensive as these early short wheelbase 911s continue to attract well-heeled and enthusiastic collectors.
Lot # 128 1972 Porsche 911S 2.4 Targa; S/N 9112310988; Engine # 6322577; Sepia Brown, Black targa roof/Brown leather; Estimate $200,000 – $250,000; Older restoration, 2 condition; Hammered Sold at $220,000 plus commission of 10.00%; Final Price $242,000. No Reserve – 2,341cc/190hp, Bosch mechanical fuel injection, 5-speed, Fuchs wheels, glass rear window, dash clock, push button radio, tool roll, jack, spare. – Very good paint and chrome. Excellent interior. Very clean, lightly used engine bay. Very strong, well restored example and a genuine S. In terms of equipment and condition, it has it all. Second to last 1972 model built. Sold new in Frankfurt. Was given a straightforward restoration some years ago, and still presents very well. Documented with Porsche CofA. – Brown is so Seventies Porsche. It’s hard to imagine we actually bought performance cars in dull earth colors like this, but we did and now they’re, forgive the term, ‘iconic’. Really, this is fabulously dull even if fabulously and accurately restored to standards unknown to Porsche in 1972. Early 911s are setting new price benchmarks every month and this transaction is one of them
Lot # 127 1986 Porsche 962 IMSA GTP; S/N 962/F01(HR3F); Purple, Wynn’s/Black; Estimate $800,000 – $1,000,000; Competition restoration, 2- condition; Not sold at Hammer bid of $575,000 – BBS modular wheels, Goodyear race tires. – Hotchkis Racing car, Fabcar tub, raced until ’91 including third at Daytona in ’91 driven by John Hotchkis, John Adams, Chris Cord and Rob Dyson. Historic raced by John and Mark Hotchkis since 1997 including 1999 Daytona Rolex Enduro co-driven by P.L. Newman. Good paint and interior. Restored to race-ready condition showing little or no use. An exemplary example. – Not exemplary enough to create sufficient interest to pry it away from the Hotchkis family. While this is a serious endurance racer, it offers the chance to participate in many desirable venues and would be a good value at the reported high bid, or even above it, but not at the estimate.
Lot # 105 1961 Porsche 356B 1600 Cabriolet; S/N 154790; Engine # 604735; Aetna Blue/Red leather; Black cloth top; Estimate $140,000 – $180,000; Recent restoration, 2 condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. No Reserve – 1582/60hp, twin Solex carbs, 4-speed, Bridgestone Potenza tires, Blaupunkt push button radio, locking glovebox. – Non-original but correct for a ’61 Normal 1600 engine. Has been converted to 12-volt electrics and fitted with wider than standard chrome wheels. Original wheels come with the car. Very good paint and chrome. Phenomenal interior. Very clean underneath. A gorgeous, fresh B cabriolet that leaves little to be desired (except its original engine?) – Generously priced with its replacement engine but beautifully presented and that counts a lot. Porsche buyers can be fussy about details, but it’s not hard to fall for a handsome car with an inviting interior.
Mecum Monterey 2014 – Auction Report
Lot # T148 1976 Porsche 914 Targa; S/N 4762904033; White, , Black roof/Black vinyl; Enthusiast restoration, 3 condition; Hammered Sold at $14,500 plus commission of 8.00%; Final Price $15,660. – 2.0, 5-speed, Ironman tires, dash clock, Blaupunkt cassette stereo. – Late 914. One of the last affordable ways to get into either a classic or a Porsche. Good paint and plastic. Very good interior. Used but tidy underneath. Good gaps. Decent, lightly dinged up wheels. Claimed to have been heavily restored, but the work was of average quality. – Sold for $17,050 at Barrett-Jackson in Scottsdale in 2012, the result here at Mecum Monterey on Thursday is a realistic marker of its current value. A great starter car, or as noted an affordable way to play around with 356s and 911s.
Lot # F092 2003 Porsche 911 Turbo Coupe; S/N WP0AB29993S685250; Speed Yellow/Black leather; Unrestored original, 2- condition; Hammered Sold at $51,000 plus commission of 8.00%; Final Price $55,080. – 3.6, twin turbo, 6-speed, Speedline wheels, Michelin Pilot Sport tires, factory X-50 Power kit and factory aero kit, Alpine stereo. – Very good paint and interior. Some rock chips on the nose. Lightly used. Not like new, but close. – Used car. KBB says it’s worth $24,256 with the aero kit, Power Kit and 19 inch wheels. Chalk it up to auction enthusiasm.
Lot # S095 1979 Porsche 930 Turbo Coupe; S/N 9309800525; Burgundy Red Metallic/Beige leather; Visually maintained, largely original, 3 condition; Hammered Sold at $70,000 plus commission of 8.00%; Final Price $75,600. – 3.3, 4-speed, Fuchs wheels, Yokohama tires, sunroof delete, limited-slip differential, factory cassette radio, dash clock. – Strong paint and plastic. Well cared for interior with light wear. Lightly fraying seatbelts. Rear fender stone guard is beat up. Showing what is believed to be just 25,330 miles. Honest, mostly original car that hasn’t quite seen the same kind of thrashing that so many other 930s have. – What’s a ‘rare … sunroof delete coupe’? Oh, wait, a car that’s more valuable because it’s de-contented. It’s not quite like ‘radio and heater delete’ on a Muscle Car, in this case a distinction without a difference. ‘Hey, look, my 930 Turbo has no sunroof’? Gimme a break. Priced appropriately.
Lot # S146 1995 Porsche 962 K8 Spyder; S/N WSC01; Yellow/Black cloth; Competition car, original as-raced, 3+ condition; Hammered Sold at $930,000 plus commission of 8.00%; Final Price $1,004,400. – Gold center BBS wheels, Goodyear race tires. – 1995 Daytona 24 Hours winner driven by Jurgen Lassig, Marco Werner, Christophe Bouchut and Giovanni Lavaggi for the Kremer brothers’ team. Later raced at Sebring and Le Mans. Restored in its Daytona livery with good exterior cosmetics, tidy mechanics but showing age and use. Will need extensive preparation before again going on track. One of four K8s built by Kremer. – This Kremer 962 is almost 20 years old and offers fantastic performance in a highly developed package as well as a list of entries (and one overall win) that will make it a valued entrant anywhere its age and configuration permits. Driven to the extreme it will challenge any driver, but even at 7/10ths it will still be a legendary drive at a price that offers performance and history that is hard to equal.
Porsches Sold at Auction in 2014 – Page Seven
Bonhams Quail Lodge 2014 – Auction Report
Lot # 221 1961 Porsche 356B Coupe, Body by Reutter; S/N 117172; Engine # 606378; Ivory/Red; Estimate $80,000 – $100,000; Cosmetic restoration, 3 condition; Hammered Sold at $62,000 plus commission of 10.00%; Final Price $68,200. No Reserve – Matching numbers, sunroof, Nardi steering wheel, chrome wheels, hubcaps, blackwall tires, original wheels and Porsche CofA included. – An older cosmetic restoration, dull paint, uneven left front fender, good trim. Old, faded interior. A driver quality Porsche without obvious significant flaws. – 356 prices have been on the march, but only the best cars score big money and it takes a lot of money to get a car to “best” status. This seemed to be a serviceable driver but the $80,000-$100,000 estimate was optimistic, even with the sunroof. The Quail bidders appropriately valued its condition and specifications in arriving at this result.
Lot # 234 1970 Porsche 908/03 Spyder; S/N 908/03-002; Silver, Blue ‘Martini”/Red cloth; Estimate $1,800,000 – $2,300,000; Competition restoration, 2 condition; Not sold at Hammer bid of $1,550,000 – Black alloy wheels, Avon slicks, Momo suede rim steering wheel, correct Porsche transaxle. – Ex-works Weissach development and test car, assembled from various 908 parts on an original frame with a later body. Vintage raced the last 14 years in the US. Neat, orderly and sharp if not fresh. Appears nearly race ready without being fluffed up for concours. – A magnificent example of how a world championship caliber sports racer should be restored, maintained and prepared. If the Bonhams Quail bidders failed to satisfy the consignor’s expectations it wasn’t in any way attributable to the presentation of this car. The built from parts history does nothing for value, though, although honestly any top rank racing car is, in the end, built from parts. It would be a very good value at the reported high bid, and not expensive at the low estimate.
Lot # 238 1973 Porsche 911 Carrera RS 2.7 Coupe; S/N 9113600125; Engine # 6630156; Red/Black; Estimate $800,000 – $1,000,000; Older restoration, 2- condition; Hammered Sold at $850,000 plus commission of 10.00%; Final Price $935,000 – Matching numbers, ducktail delete option, complete ownership records, tools and books included. – One of the first 500 RS 2.7s built for racing homologation. Restored by RUF Porsche in 1984, mechanically rebuilt by Andial in 2004, overall appearance has been well maintained since. Judged first in class in the 2012 Porsche Parade. Represented as matching numbers engine. Essentially perfect, just showing a little age. – On all Porsche collectors’ A-lists, the 1973 Carrera RS continues to impress. The model is seemingly setting new benchmarks each month, with this mark being particularly impressive for a Touring model. Price guides can’t keep up and just $65,000 more makes this a million-dollar car.
Lot # 241 1959 Porsche 356A 1600 Super Cabriolet, Body by Reutter; S/N 151991; Engine # 74065; Silver/Red; Black top; Estimate $175,000 – $225,000; Recent restoration, 2- condition; Not sold at Hammer bid of $155,000 – AM radio, hubcaps, blackwalls, bumper overriders. spare wheel and tire, tool kit, owner’s manual and Kardex. – Fully restored with close attention to detail and correctness inside and out. A very attractive, show-quality car with a fresh repaint even newer than the 2009 restoration. – Generously bid, but not enough for the consignor who will not go on to recycle this car through more auctions in search of a more impressionable audience. It’s a bad bet.
Lot # 253 1973 Porsche 911S Coupe; S/N 9113301070; Engine # 6331707; Ivory/Black vinyl, Houndstooth inserts; Estimate $150,000 – $180,000; Visually maintained, largely original, 2- condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. No Reserve – Air conditioning, Fuchs wheels, power windows. – Repainted in the late 90’s that still presents very well, excellent panel fit, weatherstripping and molding around the windshield and rear window are aged. Reportedly mechanically rebuilt in the late 90’s, but no documentation is offered either for the date or subsequent miles. A well-cared-for car that should not need significant cosmetic work for years. – Uber-collectors seek out the 1967 and 1973 S models for their “bookend” status, and the amount paid here is an expression of the high esteem in which these ultimate versions of the original 911 design are held. Final price is in line with reality and reflects the uncertainty surrounding the age of the engine rebuild and its subsequent use.
Lot # 259 1960 Porsche 356B 1600 Super 90 Cabriolet, Body by Reutter; S/N 153886; Engine # P801111; Silver/Red leather; Black cloth top; Estimate $90,000 – $120,000; Unrestored original, 2- condition; Hammered Sold at $115,000 plus commission of 10.00%; Final Price $126,500. No Reserve – Matching numbers, canvas top, two tops, painted wheels hubcaps, blackwall tires. – Represented as matching numbers, known ownership from new with two long-term owners. Largely original, paint is generally good, some slight panel fit issues on the driver’s door. Interior is a bit faded and worn. A very presentable driver easily admired for originality. Documented with Kardex, Porsche CofA and period photos. – This car’s known history and sound condition inspire confidence. A good car at a good price that could have brought a little more without being expensive.
Lot # 296 1970 Porsche 911S 2.2 Coupe; S/N 9110300054; Engine # 6300088; Tangerine/Black; Estimate $175,000 – $225,000; Visually maintained, largely original, 2- condition; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – Fuchs wheels, original radio, includes tools and owner’s manual. – Represented as matching numbers with 100K plus miles. Mostly original paint, straight panels, restored seats and carpet, cracked dash. An attractive, consistently maintained car but not pristine. – Bought under the low estimate but appropriately for the qualified condition and despite its Tangerine eye-appeal.
Lot # 306 1964 Porsche 356C Cabriolet, Body by Reutter; S/N 159226; Engine # P710620; Silver, Silver hardtop/Black leather; Black top; Estimate $130,000 – $160,000; Recent restoration, 2+ condition; Hammered Sold at $175,000 plus commission of 10.00%; Final Price $192,500 – Chrome wheels, hubcaps, hardtop, headlight stone guards. – Fresh 2013 color and interior changed restoration, represented as numbers-matching engine. Excellent paint and panel fit, dull leather. Exceptional attention to detail. Documented with Porsche CofA. – Restored to beyond new condition and blew through the $160,000 high estimate to sell for a hammer bid of $175,000. A car for buyers looking for immediate gratification who place a premium on ‘done’ cars with long-term ownership and bulletproof history and an entirely supportable decision by the successful bidder.
Auctions America Auburn Fall 2014 – Auction Report
Lot # 5120 1962 Porsche 356B Super Cabriolet, Body by Reutter; S/N 155618; Engine # 700007; Ivory/Biscuit leather; Tan cloth top; Recent restoration, 2- condition; Hammered Sold at $180,000 plus commission of 10.00%; Final Price $198,000 – Chrome wheels, hubcaps, Nexen radial blackwalls, Blaupunkt multiband radio, Nardi-style woodrim steering wheel, Solex carbs. – Good paint, chrome and interior. Fresh but lightly oiled engine with the ‘P’ lightly stamped ahead of the star. Clean but not outstanding underbody. A good Porsche, if not the best. – Described as a $130,000 restoration, cost that is apparent throughout the car and brought a superior but realistic result from the Auburn Fall bidders.
Lot # 7064 1966 Porsche 912 Coupe; S/N 455842; Green/Black; Visually maintained, largely original, 4 condition; Hammered Sold at $29,500 plus commission of 10.00%; Final Price $32,450 – Steel wheels, AM/FM radio, Porsche Certificate of Authenticity. – Body panels are straight and fit well. Paint is fair with a few chips on panel edges and some cracks in the hood. Brightwork has lots of pitting and scratches. Engine bay is clean. Underneath is simply smeared with undercoating. Side glass has lots of scratches. Interior is in rough shape and carpets don’t fit right. A rough car with a superficial old cosmetic redo. – This 912 had needs, to say the least, and what work that had been done needs to be redone at this point. On the other hand, just try to find another short wheelbase Porsche from the 1960s for less. The swb 911/912s are at the head of Porsche shoppers’ lists right now and this 912 ticks that box for someone willing to overlook its general mediocrity. It is fully priced in this transaction, but in absolute terms the premium is only a few thousand bucks.
RM Auctions Hershey 2014 – Auction Report
Lot # 164 1962 Porsche 356B 1600 Hardtop Coupe, Body by Karmann; S/N 200797; Engine # P606494; Aetna Blue, Black roof/Taupe leather; Estimate $90,000 – $125,000; Cosmetic restoration, 3+ condition; Hammered Sold at $75,000 plus commission of 10.00%; Final Price $82,500. No Reserve – Blaupunkt multiband radio, chrome wheels, hubcaps, Michelin blackwalls, single grille. – Represented as matching numbers. Hinge post tag reads # 6002, Ruby Red. Engine upgraded to 75hp ‘S’ specs. Very good paint, chrome and interior. Clean engine compartment is nearly like new. Underbody is dry and surface rusted. Body is thoroughly skimmed with filler. A pretty and unusual Porsche but not in encouraging condition. – Represented as matching numbers, but uprated to S specs. The bidders were not impressed by this Hardtop, nor should they have been, and if brought a realistic price for what it is.
Branson Collector Car Fall 2014 – Auction Report
Lot # 533 1980 Porsche 928 Coupe; S/N 9289101276; Gold/Brown vinyl, Gold, Black cloth; Visually maintained, largely original, 3 condition; Hammered Sold at $7,400 plus commission of 8.00%; Final Price $7,992 – Automatic, alloy wheels, blackwall tires. – The vivid M.C. Escher-like distorted geometric pattern of this Porsche’s fabric seat inserts is so 80’s. Largely original with decent paint and well-used chassis. – Few appreciate the Porsche 928’s stature as the predecessor to the current Panamera. The 928 demonstrated Porsche’s ability to design, engineer and build a high performance luxury GT with the engine in front and it still offers exceptional levels of performance and luxury. The vivid upholstery of this one is somewhat emblematic of the distortion a front-engined Porsche brought to the company’s history and is, even with 124,844 miles showing on its odometer, a lot of car for the money. It’s worth this much just for the statement the seats would make in a garage lounge.
Bonhams Simeone Museum 2014 – Auction Report
Lot # 336 1961 Porsche 356B T5 Cabriolet, Body by d’Ieteren Freres; S/N 89427; Engine # 745386; Slate Grey/Beige leather piped in Red; Dark Green cloth top; Estimate $130,000 – $160,000; Modified restoration, 2- condition; Hammered Sold at $122,500 plus commission of 10.00%; Final Price $134,750 – 1582/90hp, 5-speed, LED taillights, Harmony tires, tonneau cover, Nardi wood-rimmed steering wheel, wood shift knob. – Very good paint, chrome and interior. Well and correctly done. Somewhat recent restoration. Fully restored and given an engine from a 1966 912 with Weber carbs, electronic ignition, Carrera exhaust tips as well as a 5-speed and disc brakes. Tastefully modified, beautiful car that looks like just a gorgeous 356 Cabriolet to the casual observer. – As thoughtful as the modifications are, this is not the car most Porsche enthusiasts want. The updates are expedient, and it isn’t either a consistent restoration or a high performance ‘outlaw’. The quality of the workmanship and components are, however, evident and it should drive extremely well, attributes are appropriately reflected in the price it brought.
[Source: Rick Carey; main photo: Eric Fairchild, courtesy of Gooding & Co.]
I am always astounded by the slim – to me, anyway – difference between a $100k car and a $1 million car. As usual, excellent and precise report.
Rick is so awesome in his choice of words, “a drywall contractors car” when speaking of the overpriced Speedster. God love him…….
Thought I’d died and gone to heaven. 7 pages of Porsches, thanks Rick for your great coverage all year, long may you continue to delight us.
Are we going to be favored with a review of Porsches sold at auction in 2015?
Hi David. Sure thing. Here’s the link: https://dev.sportscardigest.com/porsches-sold-at-auction-in-2015/