Porsches Sold at Auction in 2016

2016 was a big year for the collector car world, and particularly the Porsche market. While many lots saw record-breaking sale figures, the greater majority of cars saw prices dip below estimates, indicating a possible cool-down in the Porsche world. The allure of the brand surely has not diminished, yet buyer and seller’s attitudes have clearly changed as the market become saturated and the overall quality of offered cars began to suffer. Many sellers rushed to consign with concerns that we were beginning to witness a peak in the marketplace. Perhaps unrelated, even comedian Jerry Seinfeld would help contribute to a flooded Porsche market with a sampling of some of his stellar collection.

Auction Editor Rick Carey was busy traveling the globe in 2016 to give Sports Car Digest readers the realities of some of the automobiles that circulate throughout the auction world. Visiting dozens of sales, Carey surveyed a glimpse of everything from a ‘lowly’ 924S to some of Porsche’s greatest moments, as legends like the 550 Spyder, RSK, 908, 917/30, Carrera RSR, SC/RS and a 962C crossed the auction block.

(See Porsches Sold at Auction in 2015)
(See Porsches Sold at Auction in 2014)

Listed in chronological order, the reports on the 129 Porsches Rick Carey scrutinized in 2016: (Ed: Nearly twice the amount from 2014!)

Porsches Sold at Auction in 2016

Mecum Kissimmee 2016 – Auction Report

Lot # T91.1 1996 Porsche 911 Carrera 4S Coupe; S/N WP0AA2998TS320979; Glacier White/Navy Blue leather; Unrestored original, 2 condition; With Reserve; Hammered Sold at $83,000 plus commission of 10.00%; Final Price $91,300 – Alloy wheels, Sumitomo tires, turbo wide body, turbo suspension, air conditioning, sunroof, power seats, aero package rear spoiler, power windows, factory cassette stereo. – Very well cared for top to bottom, looking like a car with a tenth of the 47,117 miles on the odometer. Lightly worn seats but otherwise like new interior. Looks like a Turbo and has all-wheel drive, but costs less. – The Carrera 4S was the most expensive 993 before stepping up to the Turbo, and had an MSRP of $85,000 in 1996. This strong result nevertheless could have been bigger without being surprising, but if the seller has had the car for any longer than a couple of years, he should be thrilled at having ridden the 911 wave successfully.

Lot # F273 1987 Porsche 911 Turbo 930 Coupe; S/N WP0JB0931HS020417; Guards Red/Tan leather; Visually maintained, largely original, 3+ condition; With Reserve; Not sold at Hammer bid of $80,000 – Black Fuchs, sunroof, snorkely brake light, rear wiper, Blaupunkt cassette stereo, tinted glass, air conditioning. – Stated to be 36,002 original miles. Used engine bay with some newer hoses and an aftermarket air filter, intercooler and exhaust. Fairly worn shift knob and seats but otherwise very well kept inside. Touched up chip on the left front fender. Otherwise very good original paint. Shiny wheels. An imperfect but pretty good late 930. Better to drive than collect. – There were 11 911 Turbos of various vintages in Kissimmee this year, including six 930s. This modified example simply failed to stand out and unfortunately got no love when it crossed the block. It’s worth more than the reported high bid in the present market but as the number of Turbos in Kissimmee indicates they’re coming out of the woodwork and rapidly satiating demand with an abundance of supply. The seller would have been wise to take the money in anticipation of the 930 market’s direction..

Lot # S55.1 1971 Porsche 911T Coupe; S/N 521167371; Yellow/Black leatherette; Cosmetic restoration, 2 condition; With Reserve; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500 – 3-liter valves, high compression pistons, dual Webers, aftermarket exhaust, 5-speed, sunroof, fog lights, Fuchs wheels, Pirelli tires, Blaupunkt AM/FM radio, gold brightwork. – Represented as matching numbers. Engine rebuilt to S-specs in 2012. Cosmetic restoration in 2014. Left exhaust pipe is cocked a bit inward. Very good paint and interior. Used but good and tidy engine bay. Clean underbody. Not top to bottom restored but given everything it needed and tastefully modified. – The 911T may have been the base model in 1971, but this one has been given significant, tasteful mods that probably allow it go like stink. The Kissimmee bidders took to the idea of a hot-rodded 911, and the sound of its 911R-style exhaust, to bid it to a result that would be generous for a stock example.

Lot # S96 1964 Porsche 356 SC Coupe, Body by Karmann; S/N 217501; Signal Red/Tan; Estimate $75,000 – $100,000; Older restoration, 3+ condition; With Reserve; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 – Chromed steel wheels with hub caps, Bridgestone tires, Nardi woodrim wheel, Blaupunkt radio, dash clock. – Older paint with a small chip on the nose and a big one at the front of the filler cap. Paint on engine cover and driver’s door doesn’t match the rest of the body. Visibly worn seats. Lightly scratched rear glass. Clean and restored but used underneath. A basic, slightly tired older restoration. – Hammered not sold at $65,000 at Mecum Monterey in 2013, which was a generous offer that should have seen the car sold. Porsche prices have of course surged since then, so this result in Kissimmee was actually a good buy even taking the car’s flaws into account. The new owner has plenty of money left for a fresh paint job that will do it a world of good.

Lot # S122 1992 Porsche 911 RUF CTR Coupe; S/N WP0AA2966NS480142; Yellow/Gray leather; Estimate $325,000 – $400,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $265,000 plus commission of 10.00%; Final Price $291,500 – 3.6/469hp Turbo, Ruf-designed 6-speed, integrated roll cage, polyurethane bumpers, Ruf calipers, Ruf wheels, sunroof, tinted glass, power windows, Sony stereo, dash clock, whale tail, rear wiper. – Genuine Ruf Yellowbird. Small ding in right exhaust tip. Uneven gaps on engine cover. Very good paint. Lightly worn upholstery. Very good, genuine and original example from one of the best known Porsche tuners. – Mecum doesn’t seem like the kind of place to go shopping for Ruf-Porsches, but they had this car in 2016 and a 1997 car in similar condition last year. The 1997 failed to sell at $250,000, while this one successfully sold at $15 grand more. One of the quickest cars you could buy in 1992, this Ruf sold for about what a good 1992 964 Turbo S is worth but offers well over 100 hp more plus a number of other enhancements. When you take the exclusivity and added performance of this car into account, it actually seems like pretty good value. You could, of course, get this performance in a new Corvette for less than half the money but that’s irrelevant. Right?

Lot # S132 1958 Porsche 356A 1600 Super Cabriolet, Body by Reutter; S/N 150523; Green/Tan leather; Tan cloth top; Estimate $175,000 – $225,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – 1582/70hp, hub caps, Michelin tires, Blaupunkt radio, VDO dash clock, Porsche CofA. – Dull bumpers and brightwork. Several small cracks and chips on the tail. Good older repaint otherwise. Original switchgear and steering wheel, which is old and pitted. Good older interior. Correct carpets. Very good top. A little dirty underneath. Well kept, honest and mostly original with erratic cosmetic attention to keep it in usable condition. – Whew! This is serious money for a consistently mediocre Porsche Cab. The price values originality far more than condition.

Lot # S150 1996 Porsche 911 993 Turbo Coupe; S/N WP0AC2991TS376031; Red/Red leather; Estimate $300,000 – $375,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $305,000 plus commission of 10.00%; Final Price $335,500 – Sunroof, rear wiper, cross-drilled rotors, air conditioning, power brakes, power seats, tinted glass, partial wood steering wheel rim and shift knob, factory cassette stereo. – Small paint bubble in the nose. Otherwise well kept original paint and lightly worn interior. Clean underneath. Not quite like new but more than good enough in condition that matches the 5,866 miles on the odometer that are represented to be all it has covered from new. – Even in today’s Porsche craziness, this is a big result that far surpasses this 20-year-old car’s original MSRP and approaches Turbo S money. The buyer here bid out of love for this car, and with its red paint, red interior, and red wheels, we can probably guess what his favorite color is.

Lot # S153 2005 Porsche Carrera GT Targa; S/N WP0CA29815L001159; Black/Black leather; Estimate $900,000 – $1,100,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $825,000 – Michelin Pilot Sport tires, yellow calipers, carbon fiber removable roof, ceramic brakes, ceramic clutch, magnesium wheels, Xenon headlights, wood shift knob, air conditioning, power windows. – Other than seats that look like they’ve been sat in a few times, it’s a like new car with 909 miles on it. – Having demonstrated at several auctions recently the ability to change hands for seven figures Carrera GTs are coming to market just about everywhere to try to catch the market, thus demonstrating that demand does, in fact, stimulate supply and reduce prices. If there was money anywhere close to the reported high bid the seller should have grabbed it without hesitation rather than chasing a declining market downward.

Porsches Sold at Auction in 2016 – Page Two

Lot # S213 1997 Porsche 911 993 Turbo Coupe; S/N WP0AC2991VS375867; Guards Red/Black leather; Estimate $275,000 – $250,000; Unrestored original, 2- condition; With Reserve; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 – Alloy wheels, sunroof, rear spoiler, cross-drilled rotors, power windows, sports seats, cruise control, factory stereo, rear wiper, Continental tires. – Handful of tiny rock chips on the nose. Otherwise very good original paint. Good, lightly worn interior with small crack on the screen of the radio display. An overall very good final year 993 Turbo with 16,520 miles from new. – A well kept example with low miles is the norm among 993 Turbos that are coming to auction, so this isn’t particularly special. The result it brought wasn’t special, either, just market appropriate at the time sold. Then again, it’s a car that’s less than 20 years old that’s selling above its original MSRP, so unless the seller acquired the car very recently, he made out pretty well with this transaction.

Barrett-Jackson Scottsdale 2016 – Auction Report

Lot # 1367 1977 Porsche 911 Carrera Turbo Coupe; S/N 9307800254; Ice Green Metallic/Black with Green tartan cloth inserts; Recent restoration, 2 condition; No Reserve; Hammered Sold at $240,000 plus commission of 10.00%; Final Price $264,000 – Black center Fuchs, Bridgestone Potenza tires, sunroof, rear wiper, tinted glass, power windows, air conditioning, Blaupunkt radio, VDO dash clock. – Always in California. From the final year of the 3.0-liter 930 and the second year of the Turbo Carrera, as it was called in the US market. Very good exterior plastic. Excellent paint and interior aside from some light orange where it’s hard to wet sand. Clean and restored underneath. Restored to like new and finished in a relatively rare color along with the always cool tartan seats. – While a flood of 911s to the market may mean that Porsche prices won’t continue their steep march upwards, prime examples of particularly collectible models will likely continue to demand high prices. This spectacular early 930 would have been perfectly at home among the shiny offerings at Gooding or RM, but still brought the very healthy result it deserved at Barrett.

Lot # 1385 1965 Porsche 356 SC Cabriolet, Body by Reutter; S/N 161161; Engine # P812921; Champagne Yellow/Dark Green leather; Dark Green cloth top; Recent restoration, 2+ condition; No Reserve; Hammered Sold at $95,000 plus commission of 10.00%; Final Price $104,500 – Blaupunkt AM-FM-Multiband radio, Porsche woodrim steering wheel, chrome wheels, hubcaps, Dunlop radial blackwall tires. – 6 miles since Monterey when it was described thusly: Good paint over a consistently filled body, very good upholstery, fresh, flexible new body rubbers. Clean, tidy undercoated underbody. Very clean, fresh engine compartment. Flat panels and flush fits. An attractive car that shows good workmanship and good materials. – Reported bid to $195,000 at Mecum Indy last May, then $180,000 at Mecum Monterey in August, it found its level at this bargain basement price here at B-J. The Porsche buyers must have been chasing 911s because this is a breathtaking value in a 356 SC Cab.

Lot # 1386 1962 Porsche 356B Super 90 Cabriolet, Body by Reutter; S/N 155837; Ivory/Red leather; Black cloth top; Recent restoration, 2- condition; No Reserve; Hammered Sold at $115,000 plus commission of 10.00%; Final Price $126,500 – Pushbutton AM radio, chrome wheels, hubcaps, blackwall radial tires. – The observation here is the same as it was at Monterey five months ago and Indy last May: ‘Good paint over plentiful filler. Mixed chrome with many weak and pitted trim items. Good interior and top, clean, orderly engine compartment. Clean, freshly painted underbody. Engine number said to match the Porsche CoA. Erratically and inconsistently done and not reassuring.; – Offered by Mecum at Indy last May with a reported high bid of $180,000, then at Monterey in August where it was bid to a reported $150,000. It found its level here in Scottsdale where Porsche buyers were looking for 911s, not 356s. It is a very good value at this price – unless the 356 market is following oil driller stocks into the sub-basement.

Lot # 1392 2015 Porsche 918 Spyder Weissach Coupe; S/N WP0CA2A13FS800561; White/Black; Unrestored original, 2+ condition; With Reserve; Hammered Sold at $1,600,000 plus commission of 10.00%; Final Price $1,760,000 – 20/21 inch Michelin Pilot Sport tires, centerlock wheels, yellow brake calipers, carbon fiber brake discs, air conditioning, Burmeister stereo, books, extra key, factory car cover and charging station. – New car with 595 extremely scary miles trying to control all this power even with electronic driver aids. One of 918 built. 608hp 4.6 liter V8 supplemented by two electric motors and batteries that add another 154hp at the back and 125hp at the front. – An instant collectible? Late model supercars like this Porsche 918 have an instant following. Porsche stickers this at about $860,000 bringing its price here (after production has ended) to double the sticker. Exclusivity has its price, and RM got $1,595,000 for its, but the price of exclusivity and ‘I have the newest thing’ is expensive.

Bonhams Scottsdale 2016 – Auction Report

Lot # 14 1969 Porsche 911S Targa; S/N 119310587; Engine # 6392043; Polo Red/Black vinyl; Estimate $135,000 – $165,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – 1991/170hp, Bosch fuel injection, 5-speed, Fuchs wheels, Goodyear Assurance tires, gold brightwork, Becker Grand Prix radio, fog lights, tinted glass, glass rear window.. – Loose, wavy roof vinyl. Used, slightly dirty but presentable engine bay. Very good paint and interior. Believed to be a California car since new and with three owners and showing 94,508 miles. Fully restored in the early 2000s and used regularly since. Still very good and ideal for vintage tours and rallies. – This is an appropriate result for a fixed window, 5-speed ’69 911S Targa with a strong older restoration that is holding up very well. Of the fifteen 911s of various configurations and ages offered at Bonhams only another ’69 911S (coupe) and the RS 2.7 brought more and it is one of only four to sell within their pre-sale estimate ranges, continuing to evidence Porsche collectors’ infatuation with the early short wheelbase 911s.

Lot # 22 1970 Porsche 914-4 Targa, Body by Karmann; S/N 4712908012; Willow Green/Black vinyl; Estimate $30,000 – $40,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $15,000 plus commission of 10.00%; Final Price $16,500 – Bosch fuel injection, steel wheels with hub caps, Bridgestone Potenza tires, AM/FM cassette radio. – Long, jagged scratch on the engine cover. Lots of masking errors around the front bumper. Big chip on the right front fender. Overspray in the wheel wells and on the suspension. Paint flaking off of the frame of the roof panel, and small cracks in the vinyl at the edge of it as well. Good, lightly worn original interior. Pitted door handles. Clean underneath. This could have been an impressive, preserved car kept dry thanks to a clean and dry existence where it was sold in Utah, but the distinctions of originality were ruined by a crude, rushed respray done in 2012. – Placed at the end of the photogenic line of Porsches during the auction preview, this car really didn’t fit in, not only because it’s a 914 but because its sub-par repaint really stood out among a group of overall really well presented 911s. Bonhams’ presale estimate of $30,000 – $40,000 was unbelievably optimistic, as this result, which is still a generous one, shows. It will not be easy or cheap to undo the tacky, poorly masked, repaint and at this price it isn’t financially feasible to try.

Porsches Sold at Auction in 2016 – Page Three

Lot # 46 1973 Porsche 911 Carrera RS 2.7 Coupe; S/N 9113601446; Engine # 6631401; Grand Prix White, Red “Carrera”./Black vinyl, cloth; Estimate $600,000 – $800,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $477,273 plus commission of 10.00%; Final Price $525,000 Red center Fuchs wheels, Bridgestone tires, headrest seats, tools, Porsche CofA documented. – Represented as the original engine. Good repaint and upholstery. Doors and hood fit well. Wheel rims are clearcoated and starting to craze. Good bright window moldings. Underbody is original and showing age and miles. Cosmetically redone in the 90’s and as attractive as a driver quality RS 2.7 can be, which is very attractive. – Closed post-block with this result and a representative value for a RS 2.7 Touring, even in a market now flush with 911s of all stripes, engines and chassis lengths.

Lot # 56 1969 Porsche 911S Coupe; S/N 119301410; Engine # 6391988; Metallic Blue/Beige leatherette; Estimate $175,000 – $225,000; Recent restoration, 2 condition; No Reserve; Hammered Sold at $190,000 plus commission of 10.00%; Final Price $209,000 – Bosch fuel injection, Fuchs wheels, Michelin tires, electric sunroof, gold brightwork, Blaupunkt cassette stereo, Porsche C of A. – Matching numbers. Very clean, not overly detailed engine bay. Engine cover doesn’t stay open. Very good paint and interior. A relatively recent high quality restoration that wasn’t overdone but just right and leaving a correct, like-new 911S from the first year that the top-end S model got Bosch fuel injection. – Most of the numerous no-reserve 911s at Bonhams this year didn’t do all that well when they crossed the block, selling for well under estimate after tedious and careful bidding. This car was among the best of the bunch in terms of both equipment and condition, however, and was one of the few Porsches to bring the kind of money that we’ve become accustomed to seeing from 911s these days. This may mark a high point for the recently tumultuous course of 911 values as the generous supply of these cars becomes apparent to enamored collectors.

Lot # 85 1975 Porsche 911 Carrera 2.7 Targa; S/N 9115410127; Engine # 6581182; Gazelle Metallic, Black “Carrera” and vinyl roof panel/Tan leatherette; Estimate $75,000 – $100,000; Visually maintained, largely original, 3+ condition; No Reserve; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 – Bosch fuel injection, Black Fuchs wheels, Falken tires, whale tail spoiler, Blaupunkt Portland cassette stereo. – Replacement engine from a later 911 SC. Good older repaint with a handful of chips on the nose and hood. Wavy roof vinyl. Used but tidy engine bay. Lightly cracked seat upholstery and lightly worn switchgear. Repainted at some point but largely original and lightly enjoyed. With a replacement engine and an unknown early history, it’s destined to be a driver rather than a collector showpiece. – The bidders didn’t much discount the replacement engine or the condition and bid this car to a result that would be more appropriate for a freshly restored example, although it was close to the $52,000 this car brought at Mecum Monterey last year and still well short of Bonhams’ generous low estimate.

RM Sotheby’s Arizona 2016 – Auction Report

Lot # 104 1962 APAL-Porsche 1600 GT Coupe; S/N 40172003; Engine # 66106; Red/Black leather; Estimate $80,000 – $100,000; Recent restoration, 2- condition; No Reserve; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000. – 1957 Porsche 1600 Normal engine, woodrim steering wheel, dash clock, Speedster style seats, steel wheels, Vredestein tires, rollbar, inertia reel shoulder belts, driving and fog lights. – Fiberglas body special with quality cosmetics, overspray in wheelwells. A strange looking beast in surprisingly good condition. – Lighter than a comparable Porsche, with an extra 30cm wheelbase, built on a VW pan, this is an intriguing Belgian-built special, one of about 150 built from 1961-1965. Not likely to meet itself coming around the corner any time soon which makes its price a reasonable stretch for a Porsche fan looking for individuality.

Lot # 213 1988 Porsche 959 Komfort Coupe; S/N WP0ZZZ95ZJS900191; Engine # 65H00262; Grand Prix White/Blue leather; Estimate $1,100,000 – $1,400,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $800,000. – White alloy wheels, power windows, air conditioning, Kenwood cassette stereo, heated sport seats. – Represented as 25,503 km from new. A few tiny chips around the right headlight bezel, but otherwise fantastic original paint. Very good, barely worn interior. A very lightly used 959. Sold new in Germany and spent many years in Switzerland. Received a major service in late 2014, but nowhere in the catalog or on-site does it mention any U.S. import approval. – Reported sold at Bonhams Francorchamps sale last year for $781,480 and thus not surprising that it didn’t change hands at the reported high bid. Its offering here depends upon it being more than 25 years old and thus exempt from U.S. DOT and EPA requirements, a weak reed upon which to base a 7-figure expenditure.

Lot # 216 1968 Porsche 911S Targa Soft Window; S/N 11850368; Engine # 4081247; Tangerine/Black leatherette; Estimate $200,000 – $250,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $125,000 plus commission of 10.00%; Final Price $137,500. – Dual triple-throat Webers, MSD ignition, Fuchs wheels, Michelin XZX tires, soft plastic rear window, gold brightwork, woodrim steering wheel, radio delete. – Lightly scratched window glass. Paint coming off the roof panel frame. Dull front vent chrome and bumper plastic. Very clean, straight and clear rear window. Rear bumper rub strip is coming loose on the driver’s side. Very good interior with original unrestored gauges. Very clean, lightly used engine bay. A solid older restoration, probably best used on vintage driving events and casual cruises. A European spec soft window Targa that was fully restored and is now starting to show its age. – A straightforward, market appropriate transaction for an older restored soft window car that both parties should be satisfied with, even if the seller was hoping the 911 wave would be continuing to rise.

Lot # 253 1958 Porsche 356A Speedster; S/N 83895; Engine # 744333; Meissen Blue/Dark Blue vinyl; Dark Blue cloth top; Estimate $325,000 – $400,000; Recent restoration, 2 condition; With Reserve; Not sold at Hammer bid of $260,000. – Chrome wheels, hubcaps, Michelin tires, bumper overriders, Nardi woodrim steering wheel, full tool roll, jack. – 912 engine and carburetors. Very good, paint, chrome and interior. Underbody has been redone like new, undercoated and driven some. Excellent panel fit with flush fits and tight, even gaps. Filled fenders, lower doors and cowl. – Offered by RM in Monterey in 2008 with a high bid of $170,000 before the fresh cosmetics, the later engine, while adding to the driving experience, detracts from its collector value. Even at that the high bid here is light in the context of current 356A Speedster values, but not by much.

Lot # 259 1974 Porsche 911 Carrera 2.7 Coupe S/N 9114600628; Engine # 6640833; Grand Prix White, Black graphics/Black vinyl with tweed cloth inserts; Estimate $300,000 – $375,000; Cosmetic restoration, 2- condition; With Reserve; Not sold at Hammer bid of $250,000. – Bosch mechanical fuel injection, Fuchs wheels, Kumho tires, duck tail spoiler, power windows, radio delete, VDO dash clock. – Used but tidy engine compartment with the Euro-spec 210hp engine. A few light scratches on the window frames. Fairly worn steering wheel but otherwise well kept all original interior. Very good newer paint. Used by the original owner as a daily driver until 1987, when it had reportedly accumulated 147,000 km (which doesn’t match the 58,285 km on the odometer today), then received a cosmetic restoration a few years ago that retained the very good original interior. A very pretty driver quality 911 Carrera. – A Carrera, but not an RS, with Euro horsepower and bumpers is a combination that pencils out to a desirable example that is unusual in the U.S. and warrants a premium price. Apparently the bidders at the Biltmore didn’t think it was as desirable as the consignor, despite a generous reported high bid.

Porsches Sold at Auction in 2016 – Page Four

Gooding and Company Scottsdale 2016 – Auction Report

Lot # 52 1978 Porsche 911 Carrera Turbo Coupe; S/N 9308800186; Engine # 6880115; Mediterranean Blue/Blue leather; Estimate $130,000 – $160,000; Visually maintained, largely original, 3 condition; No Reserve; Hammered Sold at $107,500 plus commission of 10.00%; Final Price $118,250 – Black center Fuchs wheels, Michelin tires, cassette stereo, power sliding sunroof, air conditioning, power windows, power mirrors, sport seats, Porsche CofA. – Good clearcoat repaint, lightly worn original interior, clean unrestored chassis and underbody. A presentable but ordinary driver. – Porsche Turbos offered explosive performance for the period and their reputation has powered them to explosive heights in recent years. This isn’t nearly as expensive at Turbos were a few months ago and is among the prices brought by five of the other six sold in the Scottsdale auctions, excepting only a generous $264,000 sale at Barrett-Jackson. This would seem to be the new normal.

Lot # 101 1973 Porsche 911T Coupe; S/N 9113100333; Tangerine/Black leatherette; Estimate $90,000 – $110,000; Cosmetic restoration, 2 condition; With Reserve; Hammered Sold at $72,500 plus commission of 10.00%; Final Price $79,750 – Fuchs wheels, Pirelli tires, Bosch fuel injection, 5-speed, black painted front vents, Blaupunkt AM/FM radio. – Final year long hood 911. Excellent paint and interior. Restored underneath. Straightforward, fresh high quality 911 cosmetic restoration done in 2013 that mainly refreshed the cosmetics, but the car is very clean underneath as well. – This was strong money for a strong car, even if it was under Gooding’s low estimate, representative of the generalized performance of the boat load of 911s in the Scottsdale auctions this year.

Lot # 141 1997 Porsche 911 Turbo Coupe; S/N WP0AC2993VS375501; Fly Yellow/Black; Estimate $275,000 – $325,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $220,000 plus commission of 10.00%; Final Price $242,000 – Cross-drilled rotors, Michelin Pilot Sport tires, sunroof, spoiler, rear wiper, factory CD stereo, power windows, air conditioning. – Very good custom-order paint. Seats look barely sat in. Just about like new, despite the 29,688 miles on the odometer. Recently received a 30,000-mile service that included new belts and tires. A babied 911 Turbo, carefully driven and kept clean in between trips. – Sold by Mecum in Monterey in 2013 for $114,490. Since then, the car’s done less than 600 miles and essentially doubled in value. Looking at cars as an investment isn’t generally a good idea, but just about anybody who bought an air-cooled 911 a few years ago and sold it in 2015-16 saw a handsome return, extremely handsome in the case of this 993 Turbo, but calling into question how long it can be expected to show such growth.

Lot # 148 1961 Porsche 356B 1600 Super Roadster; S/N 88316; Engine # 87462; Dark Grey/Red leather; Black cloth top; Estimate $175,000 – $225,000; Older restoration, 3+ condition; No Reserve; Hammered Sold at $145,000 plus commission of 10.00%; Final Price $159,500 – Chrome wheels, Michelin XZX tires. – Replacement engine of the correct type, 4 1/2 inch wide aftermarket wheels. Fair older repaint and interior. A sound older restoration to good driving condition showing age and miles. Old undercoat in the wheelwells. Luggage compartment is old, scuffed and has no floor liner. – If this result is any measure the Porsche mania has translated from 911s to 356Bs. It’s a replacement engine, a shortcoming not borne lightly by Porschephiles, and the result is appropriate to an original-engined example.

Bonhams Amelia Island 2016 – Auction Report

Lot # 136 1989 Porsche 911 Turbo 930 Cabriolet; S/N WP0EB0935KS070209; Grand Prix White/Red leather; Black top; Estimate $175,000 – $250,000; Visually maintained, largely original, 2 condition; No Reserve; Hammered Sold at $165,000 plus commission of 10.00%; Final Price $181,500 – White CCW wheels, Michelin Pilot Sport tires, cross-drilled rotors, black cloth boot cover, snorkely brake light, whale tail spoiler, white face VDO gauges, Alpine stereo, climate control, Euro front bumper. Comes with tools, compressor, manuals, build sheet copy, title from the original owner, original U.S. bumper and Fuchs wheels. – A genuine factory built slant nose. Bought new by Andre Agassi and owned by him until 1996. Records and tools. 56,851 km. Touch up on the right front fender. Otherwise very good original paint. Very good, barely worn interior, reupholstered in red in place of the original black. Clean underneath. A real slant nose, final year 930 with celebrity ownership, this car has a lot going for it and has been remarkably well kept. – A visual statement in GP White over Red leather, this 930 Turbo has been meticulously maintained and imbues confidence in its quality and condition. The celebrity history is a small plus, but the real value is in the configuration and presentation. It is a very good value at the price it brought here, a car with serious bragging rights.

Lot # 138 1967 Porsche 911S Coupe; S/N 306131S; Engine # 961094; Light Ivory/Black vinyl; Estimate $140,000 – $180,000; Recent restoration, 2- condition; No Reserve; Hammered Sold at $115,000 plus commission of 10.00%; Final Price $126,500 –Fuchs wheels, all season tires, dual Webers, gold brightwork, Blaupunkt pushbutton AM/FM, VDO dash clock, sport seats with headrests, heater. – First year 911S. Driver’s side door isn’t flush. Pitted front vents. Uneven gaps on the hood. Very good paint other than some tiny spots of surface rust poking through in the drip rails. Very good interior. Correct replacement crankcase. Full restoration finished in 2014, but it missed on a few details that stand out in a market with no shortage of very good 911S’s. – A no reserve lot that amazingly fell flat when it crossed the block, this is a downright bargain in today’s market, even for an imperfect car like this, and a transaction that’s massively favorable to the buyer.

Lot # 150 1994 Porsche 928 GTS Coupe; S/N WP0AA2921SS820063; Silver Metallic/Dove Grey leather; Estimate $75,000 – $100,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – 350hp, 5-speed, Michelin Pilot Sport tires, sunroof, rear spoiler, rear window wiper, power windows, air conditioning, console clock, factory radio, Carfax, original window sticker, books. – Small chip in the right front fender. Two more on the nose and another couple on the hood. Very good, shiny original paint otherwise. Very good, lightly worn interior. 24,000 miles. Not quite like new, but almost. A rare car and the last, most developed, and fastest of the long-lived series of front-engine water-cooled Porsches. – Bonhams had little luck with 911s in Scottsdale, so there were only two of them in Amelia. Right beside them during the preview, however, was this 928 GTS that was one of the biggest surprises of the auction. An $85,000 car when new, it far exceeded its presale high estimate. With all the attention that 90s 911s have gotten, it seems people are starting to appreciate the rare, pretty, fast and comfortable 90s GT that is the 928 GTS. This is a curve-busting result for a 928.

Lot # 171 1963 Porsche 356B S90 Cabriolet, Body by Reutter; S/N 15771; Engine # 806510; Black/Black; Black top; Estimate $140,000 – $160,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $136,000 plus commission of 10.00%; Final Price $149,600 – Michelin tires, black cloth boot cover, dual Solex carbs, woodrim steering wheel, Blaupunkt AM/FM pushbutton, VDO dash clock. – Engine case replaced in the 1970s with a factory supplied and stamped replacement. Delivered new to Brumos and reportedly sold to Peter Gregg, who kept it briefly. Finished in original colors. Present owner for 25 years and restored about 20 years ago. Long, light scratch on the hood and another near the left front hood vent. Very good older paint otherwise. Very good interior. Clean, lightly used underneath. An older restoration that’s held up quite well. – Only the restoration’s age kept this beautiful S90 Cab from being worth another $15-25,000 more and it represents a very good value for the money in a car that should provide its next owner with a long term, satisfying ownership experience.

Porsches Sold at Auction in 2016 – Page Five

Gooding and Company Amelia Island 2016 – Auction Report

Lot # 09 1966 Porsche 912 Coupe; S/N 353326; Gulf Blue/Black vinyl; Estimate $60,000 – $80,000; Older restoration, 2 condition; No Reserve; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 – 1582/102hp, dual Solex carbs, 5-speed, steel wheels with hub caps, Vredestein tires, dual mirrors, Simpson lap belts, Blaupunkt AM/FM pushbutton radio, Koni suspension, Cibie headlights. – Very clean, like new engine bay. Very good paint. Excellent interior. Fully restored in 1990, but looks to have been done much more recently and showing no flaw other than very light general age. – Sold by Gooding in Scottsdale last year for $82,500. That was a monumental price at the time for a 912, and while this result only a year later is still expensive, it’s sign of Porsche-mania settling down. The Gooding bidders were probably keeping their powder dry in anticipation of the Jerry Seinfeld Porsches coming across the block an hour or so later. Sometimes it’s good to be a buyer with the courage to stand up for your convictions and not wait for the star cars.

Lot # 27 1994 Porsche 911 Carrera Turbo 3.6 Coupe; S/N WP0AC2964RS480348; Black/Cashmere Beige leather; Estimate $275,000 – $325,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $255,000 – 3.6/355hp Turbo, 5-speed, polished modular wheels, Toyo tires, whale tail, rear window wiper, cross-drilled rotors with Red Brembo calipers, sunroof, aluminum shift knob, Alpine stereo, power windows, air conditioning. – Four owners from new, showing 20,275 miles represented as being from new and looking like a car with much fewer. One of 288 964 Turbo 3.6s imported in 1994. Pampered from new. – While the reported high bid was under Gooding’s low estimate, it was close and to be offered $255,000 for a car that had an MSRP of $150,000 a little over 20 years ago, even in the current market, should not have been refused. The Porsche buyers were still keeping their powder dry for the Seinfeld cars.

Lot # 31 1966 Porsche 911 Coupe; S/N 304182; Engine # 907419; Sand/Tan vinyl; Estimate $200,000 – $300,000; Detailed to restored, 2+ condition; With Reserve; Hammered Sold at $250,000 plus commission of 10.00%; Final Price $275,000 – Blaupunkt radio, woodrim Porsche steering wheel, chrome wheels, hubcaps, Michelin XAS blackwalls, owner’s manual, tool roll, jack. – Excellent original paint, chrome and interior, 18,679 miles from new. Underbody and matching numbers engine are like new. Obsessively detailed to beyond new condition. Jerry Seinfeld collection. – ‘Detailed to restored’ condition evaluations are rarely given, but this early short wheelbase 911 is a perfect example of the category. It has minimal miles, beyond meticulous preservation and detailed presentation that makes it a paragon of the model and of preservation in general. The first car in Gooding’s Seinfeld collection, it blew away its low estimate, a tribute to its quality and preservation. On first viewing it looked like a careful restoration; closer up its quality and originality became apparent and among today’s passion for early 911s it might even be considered a good value.

Lot # 34 1955 Porsche 550 Spyder, Body by Wendler; S/N 5500060; Engine # 90063; Blue, White fender accents/Tan cloth; Estimate $5,000,000 – $6,000,000; Competition restoration, 3 condition; With Reserve; Hammered Sold at $4,850,000 plus commission of 10.00%; Final Price $5,335,000 – Passenger’s hard tonneau cover, white rim banjo spoke steering wheel, driver’s windscreen. – No known early racing history. Sound repaint and good interior. Paint chipped in right front wheel well and cracked over the rear fender accents. Clean, orderly engine compartment. Many areas of paint peeling off the inside of the body. Driver’s door front edge chipped and touched up. It looks something of a mess, but it is original except for the repaint, has its original engine and transaxle, 10,337 original miles on its odometer and three owners from new who have maintained it meticulously. Jerry Seinfeld collection. – It isn’t a beauty, cosmetically, but its history is beautiful and the new owner should be proud to own it, even at this magnanimous price. One of the first of Porsche’s little giant killers, its history and provenance make it worthy to stand beside 550 Spyder race/class winners. The Porsche guys were gaga at this 550’s originality.

Lot # 35 1957 Porsche 356A Speedster, Body by Reutter; S/N 83124; Engine # 64919; Aquamarine Metallic/Beige leatherette; Beige cloth top; Estimate $500,000 – $600,000; Recent restoration, 2 condition; With Reserve; Hammered Sold at $620,000 plus commission of 10.00%; Final Price $682,000 – Two-spoke Porsche steering wheel, silver painted wheels, hubcaps, Michelin XZX tires, bumper overriders, tool kit, jack, handbooks, Porsche CofA, Kardex copy. – Represented as the original engine. Excellent paint, chrome and interior. Underbody is like new with fresh, shiny undercoat. Crisp, highly magnetic body, even where 356s generally aren’t. Restored in 2010 and still in concours condition. Jerry Seinfeld collection. – After a halting start the Seinfeld cars began to take off with this 60hp Speedster. It is perfect, but it also is expensive, even with having your picture taken with the car and Jerry Seinfeld as part of the package. That is one very expensive photograph.

Lot # 36 1974 Porsche 911 Carrera 3.0 IROC RSR Coupe; S/N 9114600016; Engine # 6840034; Yellow, Black graphics/Black cloth; Estimate $1,200,000 – $1,500,000; Competition restoration, 2+ condition; With Reserve; Hammered Sold at $2,100,000 plus commission of 10.00%; Final Price $2,310,000 – 2994/315hp FI engine, 5-speed, Fuchs wheels, two seats. – The first IROC Porsche built, engine from another IROC RSR. Driven by Peter Revson to 3rd in the first IROC at Riverside. Gordon Johncock got T-boned in the second IROC, then driven by George Follmer in the next year’s opener at Daytona but dnf’d. Sold to and raced for and by Grey Egerton, then sold to Vasek Polak and bought from his estate by Tom Linton in 1998 and restored to IROC configuration with the present engine. Pristine and immaculate. Jerry Seinfeld collection. – The Seinfeld cars built up to this IROC RSR which brought eye-opening money.

Lot # 38 1990 Porsche 962C Coupe; S/N 962012; Engine # 402; White/Black; Estimate $1,500,000 – $2,000,000; Competition restoration, 2- condition; With Reserve; Hammered Sold at $1,500,000 plus commission of 10.00%; Final Price $1,650,000 – Raced by Joest with mid-field results, restored by them in the present late evolution double wing configuration with only limited demonstration use. Under the skin it shows a little age but barely any use. Jerry Seinfeld collection. – Pretty in pristine white, the value of this car comes if it were configured in its race liveries sponsored by Blaupunkt or Sachs. However the present high downforce biplane wing configuration means the driver can go fast without being Frank Jelinski or Bob Wollek. A superb track day tool with an impeccable two-owner history, it is a sound value at this price.

Porsches Sold at Auction in 2016 – Page Six

Lot # 39 1963 Porsche 356C Carrera 2000 GS/GT Coupe, Body by Reutter; S/N 122561; Engine # 98016; Silver/Blue leatherette; Estimate $1,100,000 – $1,400,000; Competition restoration, 2- condition; With Reserve; Hammered Sold at $750,000 plus commission of 10.00%; Final Price $825,000 – 4-cam 1996/180hp, 4-speed, braced rollbar, Nardi woodrim steering wheel, left front fender fuel cap, bucket seats, center exit ‘Sebring’ exhaust, long range fuel tank. – Engine replaced by Porsche in 1964, ex-904-003. Excellent recent repaint, good older interior. Chassis and underbody are older but orderly. Engine is spotless but where it sits is like the chassis. Jerry Seinfeld collection. – Sold by RM at from Richard Freshman’s collection in Santa Monica in 2002 for $173,250, then by Bonhams at Monaco in May 2003 for $179,228. Updated along the way, it’s a driver’s Carrera and is bought somewhat expensively for its condition.

Lot # 40 2000 Porsche Carrera GT Coupe; S/N 9R3M001; Silver/Black Alcantara, Tan leather; Estimate $1,500,000 – $2,250,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $1,000,000 – Like new. The Carrera GT Prototype driven by Walter Roehrl in Porsche introduction videos. Its original ECU did not meet regulations so it has been removed and the car is a static display. Restricted use required for subsequent purchasers. Jerry Seinfeld collection. – Garage art of a high (and expensive) order. Prototype status doesn’t mean much when a new owner will be bound by contract not to retrofit or drive it. After the VW diesel debacle Porsche isn’t likely to relent in its limitations, either. A meaningless result for a static display artifact. Still, most Carrera GTs don’t get driven, so what’s the difference?

Lot # 41 1997 Porsche 911 Cup 3.8 RSR Coupe; S/N WP0ZZZ99ZVS98070; Engine # 62P85712; White/Black cloth; Estimate $1,200,000 – $1,500,000; Competition car, original as-raced, 2 condition; With Reserve; Hammered Sold at $850,000 plus commission of 10.00%; Final Price $935,000 – Centerlock gold center BBS wheels, six-point belts, two seats, 75 liter fuel cell, roll cage, Recaro seats, Momo steering wheel, fire system, air jacks. – Showroom condition with 5,890 km from new. One of 45 built. Jerry Seinfeld collection. – Consider for a moment what $935,000 will buy, then wonder what makes this limited production but just 340 hp Porsche worth so much? Preserve or use on track days, but if it’s caught on the freeway the DOT will crush it into a cube.

Lot # 43 2012 Porsche 911 GT3 Cup Brumos Coupe; S/N WP0ZZZ99ZCS798179; White, Red, Blue stripes/Black cloth; Estimate $300,000 – $500,000; Competition restoration, 1 condition; With Reserve; Hammered Sold at $420,000 plus commission of 10.00%; Final Price $462,000 – No racing history, a commemorative edition track car emblazoned with Brumos and sponsor’s logos, fire system, OMP steering wheel, sequential 6-speed, all the racing goodies. – Flawless, even by Brumos standards with an hour and a half track time from new. Jerry Seinfeld collection. – This car stands tall upon first look, then falls back into tribute territory upon considering its non-existent history. Good luck to the buyer who should cherish his (or her) after-sale photo with Jerry Seinfeld and the car. It’s all the history this car has.

Lot # 44 1973 Porsche 917/30 Can-Am Spyder; S/N 917030004; Blue, Yellow, Sunoco/Blue fiberglass; Estimate $5,000,000 – $7,000,000; Competition restoration, 1 condition; With Reserve; Hammered Sold at $2,800,000 plus commission of 10.00%; Final Price $3,080,000 – Sharp, clean, fresh in show car condition with no competition history. Bought from Porsche and retained for many years on display by the Australian Porsche importer, Alan Hamilton. Restored in its present livery by Porsche in the early 90’s. Engine case from Vasek Polak’s spares. Later owned by Matt Drendel. Jerry Seinfeld collection. – How great the gulf between appearance and reality? This is a real 917/30. Real in the sense that was the way Porsche built it, but not real in the sense that it was never driven in competition when new, nor handled by legends of motorsport (other than some demonstration laps with Roger Penske at the wheel.) Sold for barely half Gooding’s pre-sale estimate, that is the consequence of no history but it has immense potential, if you’re Mark Donohue and able to manage its immense power.

Lot # 45 1994 Porsche 911 Turbo S Coupe; S/N WP0AC2968RS480403; Polar Silver/Gray; Estimate $1,000,000 – $1,300,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $925,000 plus commission of 10.00%; Final Price $1,017,500 – 3601/385hp, 5-speed, sliding sunroof, CD stereo, Speedline modular wheels, red calipers, factory Flachbau slant-nose, power driver’s seat, X85 U.S. market. – Like new with 12,581 miles. One of 76 built, 39 in this X85 configuration. It has ‘Porsche-exclusive badging’. Jerry Seinfeld collection. – The Porsche fans were out in force for Jerry Seinfeld’s cars, nowhere better seen than in this result. How much is a slant nose and ‘Porsche-exclusive badging’ worth? Apparently this much, although reasonable minds might disagree.

Lot # 46 1958 Porsche 356A GS/GT Carrera Speedster, Body by Reutter; S/N 84908; Engine # 91015; Auratium Green/Black leatherette; Black cloth top; Estimate $2,000,000 – $2,500,000; Recent restoration, 1 condition; With Reserve; Hammered Sold at $1,400,000 plus commission of 10.00%; Final Price $1,540,000 – 1587/132hp, 4-speed, Nardi woodrim steering wheel, braced rollbar, silver wheels, fog lights, Porsche Cof A, Kardex copy, tool roll, jack, handbook. – Engine from 84912 from new. Excellent paint, chrome and interior. Spotless, dry, sharp engine and compartment. Restored better than new. Jerry Seinfeld collection. – The prize of the Jerry Seinfeld cars, meticulously presented and faster than radar. No one in the marquee overlooked this car, from the novice to Porsche experts. It is superb in its presentation and specification. Expectations were high as evidenced by the estimate range but it brought a sober price that reflects the quality of its specification and restoration.

Lot # 48 1959 Porsche RSK Typ 718 Spyder, Body by Wendler; S/N 718019; Engine # 90322; Silver/Beige cloth; Estimate $3,800,000 – $4,200,000; Competition restoration, 2+ condition; With Reserve; Hammered Sold at $2,600,000 plus commission of 10.00%; Final Price $2,860,000 – 1.6 liter 4-cam engine from an RS61, full width windscreen, driver’s rollbar. – Customer-spec RSK raced initially and successfully by Harry Blanchard, then Roger Penske and Lake Underwood. Penske’s 1960 SCCA F/Modified national championship ride. Severely burned in a 1970 fire while owned by John Beam, then bounced around as a project until it was restored for Tom Trabue with a new body and major parts from other racing Porsches. Still in better than new condition and immaculately turned out. Jerry Seinfeld collection. – This result is an interesting contrast with the 550 Spyder at the beginning of the Jerry Seinfeld segment. That car, with no racing history but original except for an old repaint, sold on a hammer bid near its low estimate and brought over $5 million with commission. This beautiful mid-engined RSK with a great U.S. racing history but restored from something approaching a cinder fell nearly a million dollars short of the low estimate even after adding on the buyer’s premium. If nothing else the disparate results highlight the importance of an unblemished history and the severe burden imposed upon even the best restoration (or perhaps ‘resurrection’) from a jumble of parts. This RSK brought what it was worth and the new owner should be very pleased both with the car and with the price paid.

Porsches Sold at Auction in 2016 – Page Seven

Lot # 53 1970 Porsche 911T Coupe; S/N 9110101579; Tangerine/Tan vinyl; Estimate $135,000 – $175,000; Unrestored original, 3- condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – Steel wheels with hub caps, dual Zenith carbs, 5-speed with dog leg 1st gear, Blaupunkt AM/FM push button radio. – Dull, dusty original paint, but a good detailing would bring it back to very good shape. Dry plastic and rubber. Dull brightwork. Dirty but complete engine bay. Even gaps. Dirty interior but, like the paint, it would clean up pretty well. This really isn’t a rough, dirty barn find type of car. Time has been relatively kind to it, but it’s hiding under a layer of dust that’s kept on to convey the barn find mystique from its recent rediscovery after 33 years in storage. – This is a $50,000 car with $100,000 worth of dirt and grime. The appetite of collectors for such relics, and their willingness to pay eye-popping premiums, is a wonder.

Lot # 75 1968 Porsche 908 Coupe; S/N 908011; White, Orange nose/Red cloth; Estimate $3,000,000 – $3,300,000; Competition restoration, 3+ condition; With Reserve; Not sold at Hammer bid of $2,000,000 – RHD. Replacement engine case in magnesium, – Finished third overall in its first race for Porsche at the Spa 1000km in 1968 driven by Han Herrmann and Rolf Stommelen. Dnf at Watkins Glen driven by George Follmer and Joe Buzzetta, then disqualified in the Zeltweg 500km race. Damaged by the next owner, cannibalized, later repaired frame and body were sold to and restored by Dale Miller. Freshly rebuilt engine with dyno time only. Neat, orderly competition restoration with very good cosmetics. – Like Jerry Seinfeld’s RSK, resurrection from nearly nothing weighs heavily on the collector value even of a competition car, which is expected to endure some vicissitudes, but maybe not quite being parted out to a (repaired) frame and body. Even taking that into account, though, at anything close to the reported high bid this 908 would be a wildly fun car at a reasonable price for historic racing.

RM Sotheby’s Amelia Island 2016 – Auction Report

Lot # 106 1964 Porsche 356 SC Coupe, Body by Reutter; S/N 128987; Engine # 811655; Champagne Yellow/Black; Estimate $140,000 – $180,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $110,000 plus commission of 10.00%; Final Price $121,000 – Steel wheels with hub caps, Dunlop tires, sunroof, Nardi woodrim steering wheel, VDO dash clock, Blaupunkt AM/FM pushbutton. – Passenger’s side door isn’t flush. Lightly cracked mirror gasket. Big gouge out of the left tailpipe. Very good, lightly worn interior. Very good paint. Beautiful car, and its few flaws are easy to overlook. Restored in 2003 and equipped with a rebuilt replacement gearbox. – This transaction is another sign of the Porsche market not being as hot as it was a year ago. In 2013, this car was sold at Mecum Houston for $93,625. Two years later, it was sold by RM in Arizona last year for $159,500. It was a no reserve lot and only the second car of the day to cross the block at the Ritz, but the difference between the last two sales is still significant in the Porsche 356 trend.

Lot # 126 1976 Porsche 911 Carrera Turbo Coupe; S/N 9306800466; Engine # 6860475; Platinum Metallic/Brown leather; Estimate $275,000 – $350,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $280,500 plus commission of 10.00%; Final Price $308,550 – 2993/234hp, single turbo, 4-speed, black spider Fuchs wheels, Pirelli P6000 tires, sunroof, whale tail, rear window wiper, Blaupunkt cassette stereo, VDO dash clock, fire extinguisher, power windows, air conditioning. – Dash top is slightly wavy. Fantastic original paint other than very light chips at the back of the driver’s side door. Like new original interior. Showing a claimed original 20,093 miles, and it looks like all of them were careful. California car. It would be more remarkable if there weren’t so many well kept early 930s popping up for sale, but it’s still an admirable car. – According to the catalogue, the consignor bought this car in 2014, when it was worth approximately half of what it brought in Amelia two years later. It’s an appropriate result for a very good all-original first year 930 with an appreciable originality premium. The seller rode the 911 wave with admirable success. It was a good time to get out.

Lot # 133 1997 Porsche 911 Turbo S Coupe; S/N WP0AC2995VS375774; Engine # 61V01882; Forest Green Metallic/Cashmere Beige leather; Estimate $400,000 – $475,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $450,000 plus commission of 10.00%; Final Price $495,000 – 3601/424hp, twin turbos, 6-speed, all wheel drive, Yellow calipers, cross-drilled rotors, Pirelli P Zero tires, sunroof, spoiler, rear wiper, carbon fiber dash, factory CD stereo, cruise control, power seats, power windows, air conditioning, biplane wing. – Fantastic paint. Clean wheels. Light visible wear on the seats but otherwise like new interior. Fantastically kept example of one of the most sought after 993s with 13,379 miles from new, and in a rare and pretty color to boot. – The 993 Turbo S is one of the most developed, fastest and rarest air-cooled 911 road cars you can buy, but half a million dollars and over three times what it cost new might seem excessive for a 19-year old car. Gooding sold a very similar car here last year for $440,000, though, so this result is no fluke although with 375 built in all and 183 for North America how many others there may in comparable condition (many?) hangs over the market for them.

Lot # 153 2005 Porsche Carrera GT Coupe; S/N WP0CA29895L001460; GT Silver Metallic/Ascot Brown, Black leather; Estimate $750,000 – $850,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $650,000 plus commission of 10.00%; Final Price $715,000 – Yellow calipers, cross-drilled rotors, Michelin Pilot Super Sport tires, wood shift knob, factory stereo, power windows, air conditioning. – Number 949 of 1,270 built. One owner, like new and showing 1,184 miles. Fresh clutch and full service. – Carrera GTs show up frequently, usually like this one with barely more than delivery miles. With 650hp from its 5.7 liter V10 it has awesome performance that, as a recent celebrity death in one shows, needs to be approached with care not abandon. This is an appropriate result for this car although it is off by a hundred thousand dollars or more from the prices they were bringing a year ago as they come to market (five have been offered just since the beginning of this year) in response to big prices.

Lot # 156 1960 Porsche 356B Super Cabriolet, Body by Reutter; S/N 152629; Engine # 84903; Light Ivory, Red hardtop/Red leather; Black cloth top; Estimate $200,000 – $250,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $220,000 plus commission of 10.00%; Final Price $242,000 – 1582/75hp, 4-speed, steel wheels and hub caps, Michelin XZX tires, luggage rack and fitted luggage, gold brightwork, black cloth boot cover, woodrim steering wheel, Blaupunkt radio, California black plates, hardtop and soft top. – Perfect top. Like new paint and brightwork. Excellent interior. In storage from 1966 to 2011 with an unresolved engine problem. Then restored in 2012 and reportedly driven less than 50 miles since. Now having 56,255 miles from new, It is like new and has abolutely nothing to pick on. – Expensive but not excessive for a top-notch car. Collectors of high-end sports cars seek and are willing to pay for the best, as transactions like this show.

Motostalgia Amelia Island 2016 – Auction Report

Lot # 05 1971 Porsche 914/4 Targa; S/N 4712908012; Green/Black vinyl; Estimate $25,000 – $35,000; Visually maintained, largely original, 3- condition; No Reserve; Hammered Sold at $9,000 plus commission of 10.00%; Final Price $9,900 – Bosch fuel injection, steel wheels with hub caps, Bridgestone Potenza tires, AM/FM cassette stereo. – Long, jagged scratch on the engine cover. Lots of masking errors around the front bumper. Big chip on the right front fender. Overspray in the wheel wells and on the suspension. Paint flaking off of the frame of the roof panel, and small cracks in the vinyl at the edge of it as well. Good, lightly worn original interior. Pitted door handles. Clean underneath. This could have been an impressive, preserved car kept dry thanks to a clean and dry existence where it was sold in Utah, but the distinctions of originality were ruined by a crude, rushed respray done in 2012. – Just sold at Bonhams’ Scottsdale sale, where it brought a generous $16,500. It seems a case of buyer’s remorse struck, prompting this no reserve sale just weeks later or perhaps the 7 more miles on the odometer were discouraging. The $6,000-plus hit for the seller must be a tough pill to swallow, but at least the buyer this time around has quite a bit more room to give this car the attention it really deserves and the seller can move on.

Porsches Sold at Auction in 2016 – Page Eight

Lot # 18 1996 Porsche 911 Turbo Coupe; S/N WP0AC299TS375507; Black/Black leather; Estimate $155,000 – $175,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $137,500 plus commission of 10.00%; Final Price $151,250 – Michelin tires, sunroof, spoiler, rear window wiper, Alpine CD stereo, power windows, air conditioning. – Small chip in the nose. Small scratch below right headlight. Very good original paint otherwise. Very good interior. Showing 51,826 miles. Recently serviced. Not the best, but still very good. – Not particularly expensive in the context of recent 993 prices, but still more than it cost new (not counting for inflation).

Lot # 48 1989 Porsche 911 Carrera Speedster; S/N WP0EB0914KS173247; Guards Red/Black; Black cloth top; Estimate $190,000 – $240,000; Unrestored original, 2 condition; No Reserve; Hammered Sold at $185,000 plus commission of 10.00%; Final Price $203,500 – Black Fuchs wheels, Fuzion tires, snorkely brake light, power windows, climate control, Blaupunkt cassette stereo. – Clean, straight top. Very good original paint. Very good, barely worn original interior. Almost like new. – It used to seem like these cars, of which only about 800 were sold in the US, were rare. Given their explosion in value, though, many have been coming to market. The seller was reasonable to hold out when this car didn’t sell at Mecum Monterey last year at a high bid of $175,000. It had better luck in Amelia and brought an appropriate price which was wisely accepted even though it’s only $10,000 more on the hammer.

Auctions America Fort Lauderdale 2016 – Auction Report

Lot # 208 1968 Porsche 911T Coupe; S/N 11820357; Engine # 6196647; Tobacco/Cream; Estimate $80,000 – $110,000; Cosmetic restoration, 3+ condition; With Reserve; Hammered Sold at $76,000 plus commission of 10.00%; Final Price $83,600 – 1,991cc/110hp, two 3-barrel Zenith carbs, 5-speed, Italian delivery Euro version 911T. Pushbutton radio, silver steel wheels, hubcaps, Touring T/A tires. – Good repaint, scuffed bright trim, pitted horn grilles. Good interior and gauges but smudged dashboard. Good new dashtop. Dry but not restored engine compartment and the underbody has been covered in new but erratically applied undercoat. Described as a ‘complete restoration’, it is in fact a superficial cosmetic restoration of indifferent quality. – 911s continue to attract top dollar, even when as in this case their presentation isn’t particularly high quality. This result is generous for the quality of the car.

Lot # 540 1966 Porsche Replica 906 VRC; S/N VRC906001; Engine # 6133602; White, Red nose panel/Red cloth; Estimate $250,000 – $300,000; Rebodied or re-created, 3+ condition; With Reserve; Not sold at Hammer bid of $200,000 – Built by Vintage Racing Cars in Buenos Aires, Argentina. 2.7 liter Porsche 911 engine, two 3-barrel Weber carbs, 5-speed Porsche Typ 915 transaxle, fire system, chrome wheels. – Lightly used and orderly. Hour meter shows 51 hours and the car looks like it’s covered even less. Completed two years ago and has raced in vintage events in Florida. – This isn’t a Porsche 906, although it looks the part and probably drives the part, too. A 906 in vintage race ready condition would have another zero on its price, but the application of this VRC 906 is all about finding an accepting sanctioning body that will let it be used.

Lot # 559 1964 Porsche 356 SC Coupe; S/N 217063; Engine # P811237; Black/Dark Red leather; Estimate $80,000 – $90,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000 – Blaupunkt multiband radio, chrome wheels, hubcaps, Dunlop tires, woodrim Porsche steering wheel, K&N air filters, Solex carbs, folding rear seats. – Sound older repaint with rust repairs visible on the left front fender and overlooked finish sanded area under the right quarter window. Good interior aged and used to an attractive patina. Generally good chrome except for weak B-pillar trim on both sides. Clean, orderly engine compartment in driver condition. – The 356 SC has the look of a well maintained car that has gotten what it needed, when it needed it, and never been neglected. It brought a price appropriate to its condition and specifications.

Lot # 565 1972 Porsche 914/6 Targa; S/N 9142430061; Orange, Black roof panel/Black vinyl; Estimate $70,000 – $80,000; Recent restoration, 2+ condition; With Reserve; Hammered Sold at $64,000 plus commission of 10.00%; Final Price $70,400 – 5-speed, Fuchs wheels, Yokohama tires, dual outside mirrors, heater. – Really well and freshly done with better than new paint, chrome, interior, gauges, instruments and aluminum bright trim. – This is a modest, but not unreasonably so, result for a freshly restored 5-speed 914/6 that should bring its new owner much satisfaction in rarity and performance.

Lot # 568 1969 Porsche 911E Coupe; S/N 119200845; Engine # 6298552; Orange/Black vinyl; Estimate $90,000 – $100,000; Visually maintained, largely original, 3 condition; With Reserve; Hammered Sold at $85,000 plus commission of 10.00%; Final Price $93,500 – Sportomatic, Fuchs wheels, Michelin MXW tires, Alpine cassette stereo, headrest seats. – Given a decent repaint but otherwise original. Dirty wheels and engine compartment. – Did it bring more, or less, because of the Sportomatic? At this result it’s pretty much impossible to say with any certainty but if there was any effect it was not significant.

Porsches Sold at Auction in 2016 – Page Nine

Lot # 572 1971 Porsche 911T Targa; S/N 9111113005; Engine # 6117567; Silver Metallic, Black leatherette roof panel/Black vinyl; Estimate $75,000 – $90,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000 – Blaupunkt cassette, 5-speed, air conditioning, polished Fuchs wheels, Michelin Pilot Sport tires. – Engine number matches the Porsche CofA. Represented as three owners from new. Good clearcoat repaint and replaced interior. Beyond that, though, it is a clean, well maintained original example. – This Porsche showed good care and attention, suggesting it will be a competent, rewarding car for its new owner. The price is fairly generous, but not unreasonable.

Barrett-Jackson Palm Beach 2016 – Auction Report

Lot # 428 2004 Porsche Carrera GT Coupe; S/N WP0CA298X4L001014; Silver/Brown leather; Unrestored original, 2 condition; Hammered Sold at $575,000 plus commission of 10.00%; Final Price $632,500. With Reserve. – Cross-drilled rotors, yellow calipers, power windows, air conditioning, wood shift knob. – In like new condition with just 4,252 miles on the odometer. – Carrera GT prices are trending in opposition to Ford GTs. The Ford, with a MSRP in the mid-$100,000s, now brings two to three times that. The Carrera GT, with a $450,000 MSRP and production of some 1,270 units of which 660 were sold in the U.S., had bubbled up to seven figures but now supply seems to have exceeded demand and they are rapidly settling back into mid-six figures close to their original selling prices, if buyers can be found at all. This is the second one offered here in Palm Beach, and the fifth one to be offered at auction in the U.S. since the beginning of the year. Carrera GT prices are trending in opposition to Ford GTs. The Ford, with a MSRP in the mid-$100,000s, now brings two to three times that. The Carrera GT, with a $450,000 MSRP and production of some 1,270 units of which 660 were sold in the U.S., had bubbled up to seven figures but now supply seems to have exceeded demand and they are rapidly settling back into mid-six figures close to their original selling prices, if buyers can be found at all. This is the second one offered here in Palm Beach, and the fifth one to be offered at auction in the U.S. since the beginning of the year. While $300-400,000 off their peak seems painful, to someone who bought a Carrera GT at their $300,000 or so transaction range three years ago the recent results are very profitable.

Lot # 444 1973 Porsche 911T Targa; S/N 9113112125; Yellow/Black vinyl; Unrestored original, 3 condition; Hammered Sold at $65,000 plus commission of 10.00%; Final Price $71,500. No Reserve. – Sportomatic transmission, Fuchs wheels, BFG Comp T/A tires, Cibie driving lights, Pioneer cassette stereo, VDO dash clock. – Dull roof vinyl with a small rip in the back. Lightly pitted headlight bezels. Dull brightwork. Original paint is a little faded but without major blemish. Lightly faded interior but very sound and complete. Door handles are loose. Clean and original underneath. Two-owner car, in storage for 22 years of its life. All original, and the best word to describe it would probably be “weathered”. – The West Palm bidders valued this car’s almost complete originality and ignored its rare but less desirable 4-speed Sportomatic transmission to bid it to a result that would ordinarily buy a very good freshly restored example.

Lot # 637 1987 Porsche 924S Coupe; S/N WP0AA0929HN451707; Red/Black; Unrestored original, 3+ condition; Hammered Sold at $6,700 plus commission of 10.00%; Final Price $7,370. No Reserve. – Store brand tires, sunroof, air conditioning, power windows, Alpine CD stereo. – Lightly scratched wheels. A few small touch ups on the nose. Otherwise good original paint. Good exterior plastic. The center of the steering wheel is very loose, but the rest of the original interior is very good. Showing 43,272 miles. Most 924s are driven nearly to death and beyond help, mostly because it’s been the cheapest thing with a Porsche badge for some time now. It’s therefore surprising, almost refreshing to see one that isn’t terrible. Even better, this one is actually pretty good. – The later S is the version of the 924 to have, since it features a proper Porsche engine (a detuned unit from the 944) instead of the anemic old Audi four. This is probably one of the better ones available, and it was bought fairly cheaply, leaving the buyer some room for service costs.

Bonhams Greenwich 2016 – Auction Report

Porsches Sold at Auction in 2016 – Page Ten

Barrett-Jackson Northeast 2016 – Auction Report

Lot # 324 1984 Porsche 928S Coupe; S/N WP0JB0922ES863008; Chiffon White/Beige leather; Unrestored original, 2- condition; Hammered Sold at $27,000 plus commission of 10.00%; Final Price $29,700. No Reserve. – Mastercraft tires, sunroof, rear window wiper, tinted glass, power windows, Blaupunkt stereo, power seats, air conditioning, cruise control. – All original and showing 39,954 miles. Paint and exterior plastic have a little of the dulling that’s inevitable with a car this old, but there are no major blemishes other than a big drop of what appears to be sap on the sunroof. Hood gaps are uneven. Very good interior with lightly worn upholstery. No representation of maintenance history, but it presents like a loved and cherished and lightly used 928. – Like its other front-engine water-cooled cousins, the 928 was a cheap way to get yourself a Porsche badge for a long time, so there are lots of rough and neglected examples out there. Finding a cherished example like this that’s gotten the care usually reserved for a 911 is therefore unusual, and the bidders at Mohegan Sun responded with their bids to bring this car a very big but not quite excessive result appropriate to its originality and condition.

Lot # 374 1967 Porsche 912 Coupe; S/N 458375; Red/Black; Cosmetic restoration, 3+ condition; Hammered Sold at $68,000 plus commission of 10.00%; Final Price $74,800. No Reserve. – 1582/102hp, Weber carbs, 5-speed, Fuchs wheels, BFG Touring tires, 5-gauge dash with VDO clock, Nardi woodrim steering wheel, 8-track stereo. – Represented as 57,196 miles. Recently serviced. Light scratches on the aluminum dash. Light pitting on the vents in the nose. Light dents in the left headlight bezel. Clean interior. Good paint. Small chips and scratches around filler cap. Microblisters and runs in the paint on the nose. Original but tidy underneath. Rebuilt engine. New shocks. No show car, but an attractive and well cared for driver. – Sold at Branson back in April for $48,000. That result was expensive. This one is ridiculous, and almost 911 money in this condition and certainly enough to buy the best ’67 912 in the world, not this mediocre example. Porsche mania may have slowed way down this year, but apparently it’s not too late to catch the wave.

Lot # 693 1968 Porsche 911 L Targa Soft Window; S/N 11860117; Signal Red/Black leatherette; Recent restoration, 2 condition; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000. No Reserve. – Fuchs wheels, plastic rear window, VDO dash clock, Kenwood CD stereo with speakers cut into the doors. – Rare one year only, US market only 911L (L for Lux) and a soft window Targa to boot. Somewhat dull original gauges but otherwise excellent new interior. Very good paint. Newer rear window. Gold brightwork. Two small dents on the back of the roll bar. Restored to high, but not concours, standards. The 911L featured equipment from the 911S (which wasn’t yet available in the United States) but retained the engine of the normal 911. – Hammered not sold at Motostalgia’s Seabrook sale in 2014 at a high bid of $135,000, then hammered not sold again at Bonhams’ Amelia Island last year at a high bid of $88,000. A fairly rare car, this 911 deserved more than what it got here, closer to the reported bid a couple of years ago. The buyer should be very pleased with the car and the price paid.

Lot # 696 1956 Porsche 356A Coupe, Body by Reutter; S/N 57110; Lagos Green/Tan vinyl; Older restoration, 2 condition; Hammered Sold at $109,000 plus commission of 10.00%; Final Price $119,900. No Reserve – Blaupunkt multi-band radio, silver steel wheels, hubcaps, blackwall Michelin radials, Marchal fog light and driving light, folding rear seat, windshield washers. – Excellent movable panel fits, paint, chrome and interior. Underbody was done like new and shows a few miles but is still like a six-month old new car. – The rare metallic color breathed additional life into the bidding on this Porsche, life that its 44hp 1300 Normal engine doesn’t provide. The result is entirely appropriate and the new owner got a beautiful, if slow, Porsche. 44hp is only eight more ponies than a ’56 1100cc Volkswagen.

Lot # 749 1996 Porsche 911 Carrera Cabriolet; S/N WP0CA2999TS340442; Guards Red/Black leather; Black cloth top; Unrestored original, 3 condition; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100. No Reserve. – 3.6/282hp, 6-speed, cross-drilled rotors, power windows, air conditioning, factory cassette stereo. – Represented with recent service at a Porsche dealer. Numerous small stone chips on the nose and around the left headlight. Otherwise no better than average original paint. Lightly worn seats but otherwise well kept interior. Clean, used engine bay and underbody. Essentially a used car showing 78,873 miles represented as actual, encouraged to come to market by the 993 boom of last year. – A sound but unremarkable car, it brought an unremarkable price. The buyer might have expected another 10 grand and would not have been unreasonable to do so, but it’s a no reserve auction and this is what the bidders decided it was worth after bidding it to $40,000 at Mecum Kissimmee five months ago.

Lot # 750 1985 Porsche 911 Carrera Targa; S/N WP0EB091XFS160413; Dark Blue/Dark Blue leather; Unrestored original, 3 condition; Hammered Sold at $32,000 plus commission of 10.00%; Final Price $35,200. No Reserve. – 3.2/200hp, 5-speed, black spider Fuchs wheels, Pirelli Cinturato tires, tinted glass, Magnus Walker Edition Momo steering wheel, modern Blaupunkt CD stereo, air conditioning, power windows. – Several sizable rips in the roof vinyl. Decent, lightly swirled and scratched and slightly dull original paint. A few small chips on the nose. Very good original interior. Used but clean underneath. Showing 75,628 miles represented as all it’s covered from new. Recently serviced at a Porsche dealer. Not a great car, but not a bad one. Just a driver. – The air-cooled 911 boom brought out and is apparently still bringing out 911s of all kinds, including some of the more ordinary cars. This car did well for the seller to bring a somewhat expensive but not excessive result, although he might have done better if he sold during the height of the frenzy last year or even at Kissimmee five months ago when it was reported bid to $37,000. So goes the 911 market.

Porsches Sold at Auction in 2016 – Page Eleven

RM Sotheby’s Monterey 2016 – Auction Report

Lot # 143 1956 Porsche 356A Speedster, Body by Reutter; S/N 82561; Engine # 62752; Ivory/Red leatherette; Black cloth top; Estimate $400,000 – $450,000; Visually maintained, largely original, 3- condition; With Reserve; Hammered Sold at $380,000 plus commission of 10.00%; Final Price $418,000 – 1582/60hp, dual Solex carbs, hubcaps, Kumho tires, gold brightwork, transistor radio, dual wing mirrors, GE driving lights, 356A coupe seats added in period. – Sound 1970s repaint with several large bare chips on the front bumper and nose. Several more around the front edge of the hood with light surface rust poking through. Big scrape on the left front fender. Several more chips around the body, around the engine cover and a huge one in the center of the tail. Plating is flaking off the rear bumperettes. Very good newer top on sound original top frame. Significantly worn original interior with small rips and some discoloration in the seats. A few light spots of surface rust underneath but nothing serious. There aren’t too many original 356 Speedsters out there anymore and this one is borderline enjoyable as-is, although nobody would blame the new owner for restoring it. While almost completely original, it has been mechanically sorted and maintained in a private Porsche collection since 2010, so someone has already endured the headaches that follow rolling an automotive artifact out of the barn. – This car offered all the preservation of a barn find but none of the hassle of cleaning layers of dust and animal droppings or the months of major mechanical work. The combination resonated with bidders and the car brought a huge price, above even what a freshly restored car could expect to bring.

Bonhams Quail Lodge 2016 – Auction Report

Lot # 4 1973 Porsche 911S Coupe; S/N 9113301166; Engine # 6331858; Tangerine/Black leatherette; Estimate $180,000 – $220,000; Older restoration, 2- condition; No Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – Bosch fuel injection, Fuchs wheels, Pirelli P6000 tires, dual mirrors, Blaupunkt AM/FM stereo. – Paint coming off of the lug nuts. Engine bay is run but tidy. Two nicks in the front rubber rub strip. A few scratches in the front Porsche badge. Exterior plastic is a little dry. Very good paint. Newer upholstery and carpets. Dash and gauges are original but very good. Represented as matching numbers. Not a show car, but gorgeous and eye-catching enough to be proud of. Has received restoration work intermittently but has never been restored all at once. – This was the fourth car of the sale and first of 11 911s to cross the block at Bonhams this year, and there were dozens more 911s to choose from on the peninsula throughout the week. That may have diminished the appeal of this otherwise very good and usable car in desirable S specification. With Porsche 911 prices softening but still high, this can be considered something of a bargain, until the market turns.

Lot # 12 1964 Porsche 356C 1600 Coupe, Body by Karmann; S/N 216729; Engine # 712046; Black/Red leatherette; Estimate $70,000 – $90,000; Recent restoration, 2- condition; No Reserve; Hammered Sold at $110,000 plus commission of 10.00%; Final Price $121,000 – 1582/75hp, steel wheels with hub caps, Cinturato tires, disc brakes, tool roll. – Lightly run, very clean engine bay. Lightly worn steering wheel. Otherwise excellent interior. Very good paint. Light rust on the screws for the headlight bezels. Represented as a matching numbers recent restoration finished earlier this year. Lightly used but nothing too big to pick on. – An honest Porsche driver’s car restored to good standards but with some unnerving oversights that were overlooked by the bidders on the way to this generous price.

Lot # 18 1965 Porsche 911 Coupe; S/N 302003; Engine # 302003; Red/Black; Estimate $200,000 – $250,000; Visually maintained, largely original, 2- condition; With Reserve; Not sold at Hammer bid of $175,000 – 1991/130hp, 5-speed, steel wheels with hubcaps, Vredestein Sprint Classic tires, gold brightwork, woodrim steering wheel, radio delete. – Very good older repaint. Clean restored wheels. 911 badge on the tail doesn’t quite fit flush with the body. The vent on the engine cover is dull and has red overspray on it. Very good, lightly worn upholstery. Most of the interior is original and very good. Very clean original engine bay and underbody. Showing 56,351 believable miles. Received cosmetic attention when necessary, but underneath the car is largely original. – This is a very early 911 and inherently collectible, but it’s neither pristinely restored nor completely original. The reported high bid was a fair one in Porsche collectors’ current passion for early short wheelbase 911s and it could have been sold without regret at the reported high bid.

Lot # 62 1991 Porsche 911 Turbo Coupe; S/N WP0AA2963MS480579; Engine # 61M02579; Black/Black leather; Estimate $120,000 – $145,000; Unrestored original, 2- condition; No Reserve; Hammered Sold at $102,000 plus commission of 10.00%; Final Price $112,200 – 3.2/320hp, 5-speed, modular wheels, Bridgestone Potenza tires, sunroof, rear window wiper, whale tail, cross-drilled rotors, tinted windows, power windows, air conditioning, modern stereo with face plate. – A handful of tiny chips on the nose mar the otherwise well kept but not immaculate original paint. Taillight lenses are faded. Very good, lightly worn interior. Condition corresponds to the age and the 27,587 miles it is represented to have covered since it was new. – Like most of the no-reserve 911s this Turbo was had for a price that would have been huge two or three years ago but appears to be cheap given recent history. 911 enthusiasm has already peaked and an abundant supply flooding the Monterey auctions trying to get noticed – there were 94 1965-2000 Porsche 911 derivatives among the five auctions, enough supply to have a serious effect upon prices.

Porsches Sold at Auction in 2016 – Page Twelve

Lot # 70 1994 Porsche 911 Turbo S Flachbau Coupe; S/N WP0AC2967RS480425; Engine # 61R00952; Guards Red/Cashmere leather; Estimate -; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $1,250,000 – 3.6/355hp, 5-speed, Speedline wheels, Michelin Pilot Super Sport tires, sunroof, rear window wiper, whale tail, carbon fiber dash, carbon/aluminum shift knob, factory cassette stereo, power windows, air conditioning, carbon fiber door handles and parking brake handle, tools, books, CofA, correspondence. – One of 76 Flachbau (flat nose) cars worldwide and 39 for the US market. Very good original paint. Lightly worn upholstery. Condition corresponds to the 2,318 miles. Very rare edition, displayed at Porsche to celebrate the 25th anniversary of the ‘Porsche Exclusive’ program. In an inflated 911 market, special versions like this will be he ones that really hold value and continue to appreciate. – It can be difficult to set a price on such a rare special version of car, but Gooding sold a nearly identical car with even fewer miles on it for $1.1 million. In that context, this $1.25 million reported high bid could have been taken gladly.

Lot # 86 1989 Porsche 911 Turbo 930 Slantnose Cabriolet; S/N WP0EB093XKS070402; White/Dark Blue leather; Dark Blue cloth top; Estimate $175,000 – $200,000; Unrestored original, 3+ condition; No Reserve; Hammered Sold at $120,000 plus commission of 10.00%; Final Price $132,000 – 3.3 liter/282hp, 5-speed, factory slantnose, white Fuchs wheels, Pirelli tires, snorkely brake light, whale tail, blue cloth boot cover, climate control, power windows, Modern Eclipse stereo. – Replacement engine, described as recently brought out of storage and recommissioned. Light scrape on the bottom front lip. Two touched up chips on the driver’s side mirror. Otherwise fantastic original paint. Seats have more wear than the 34,011 miles would predict but it’s not bad. Tidy underneath. A good car if you want a 930 cabriolet to actually use and enjoy. – Bonhams wasn’t unreasonable to estimate $175,000 on the low end for this car, especially considering that factory slantnose cars can command a premium of up to 30 percent, but 911 buyers were either spoiled for choice or more careful with their bidding. The buyer paid what would be a bargain price for even a standard car, so he essentially got the slantnose option thrown in for free.

Mecum Monterey 2016 – Auction Report

Lot #T87 1979 Porsche 911 Carrera Turbo Coupe; S/N 9309800323; Copper Metallic/Black leather; Visually maintained, largely original, 3+ condition; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000. With Reserve. – Power windows, air conditioning, modern Alpine stereo, dash clock, car phone, sunroof, chrome Fuchs wheels, cross-drilled rotors, rear window wiper, intercooler. – Paint has chips on several panels, but has been detailed recently and presents well. Two of the chrome Fuchs wheels have some slight polish through. Black trim and rubber parts are very slightly aged. Interior is aged appropriately for the 103,338 miles advertised. Left driver’s seat bolster is worn through. Steering wheel, carpet and pedals all very worn. Engine compartment is dirty with road grime, but no leaks are evident. Painted 25 years ago. A well cared for Turbo, but it has lots of miles and the interior is tired. – The 930s that have brought the big money over the past few years have been stellar low-mileage preserved examples or, in some cases, quality restorations. This car is neither, so it failed to attract much attention. The owner had no misconceptions about this car, though, and let it go at a price favorable to the buyer. It was offered here again on Friday and died on the block at a $67,500 bid. Not a good sign.

Russo and Steele Monterey 2016 – Auction Report

Lot # F476 1992 Porsche 911 Turbo Coupe; S/N WP0AA2965NS480133; Black/Gray leather; Unrestored original, 2- condition; Not sold at Hammer bid of $135,000. With Reserve. – Whale tail, red calipers, power windows, air conditioning, sunroof. – Good paint with light scratches around the front bumper and headlights. Black trim looks dry and faded around the front bumper, but no other issues are evident. The seats and carpet show light wear that would be expected with use. A well kept but not perfect 964 Turbo. – While 964 prices have softened after an unsustainable surge last year, they remain high and this car deserved another handful of bids. The consignor may very well have better luck where there isn’t a boatload of other 911s to choose from; they were everywhere at the Monterey auctions and that does not bode well for their prices.

Porsches Sold at Auction in 2016 – Page Thirteen

Lot # S638 1967 Porsche 911S Targa; S/N 500714S; Bahama Yellow/Black with Houndstooth cloth inserts; Older restoration, 2- condition; Not sold at Hammer bid of $140,000. With Reserve. – 1991/180hp, 5-speed, Fuchs wheels, plastic rear window. – Paint is chipped around passenger’s side headlight and a hairline crack extends from the bottom front passenger wheel well to the top. Rubber molding under the driver’s side headlight is protruding out from the seam. The interior floor and seats show no wear. The dash is scratched under the gauges. Freshly restored Fuchs wheels look great. A well done restoration showing age. – The plastic rear window on the Targa was the only one available in 1967, and a glass one became available for ’68. Soft Window Targas command a significant premium, but even if this car had a glass window, it would still deserve more than the reported high bid, which wasn’t a whole lot more than project car money. It was offered at Auctions America’s Ft. Lauderdale auction four months ago and brought a bid of $160,000.

Gooding and Company Pebble Beach 2016 – Auction Report

Lot # 10 1989 Porsche 911 Carrera Club Sport Coupe; S/N WP0AB0915KS120507; Irish Green/Black leather with cloth inserts; Estimate $350,000 – $425,000; Unrestored original, 2 condition; Hammered Sold at $300,000 plus commission of 10.00%; Final Price $330,000. With Reserve. – Black Fuchs wheels, whale tail, roll-up windows, no back seats. – Two owners from new. One of only 28 sold in the US and reportedly the only one in its gorgeous Irish Green. Excellent original paint. Exterior plastic looks new. Clean underneath. Like-new presentation and showing 9,130 miles from new.. – In a Monterey auction week flooded with 911s (Porsche was the most prevalent make in Monterey this year for the first time), special models like this can stand out. The old Porsche formula of 911 minus lots of weight equals more money also rang true here, even if the result was a bit under the low estimate.

Lot # 28 1995 Porsche 911 Carrera RS Coupe; S/N WP0ZZZ99ZTS390791; Polar Silver/Dark Gray leather; Estimate $400,000 – $500,000; Unrestored original, 2 condition; Hammered Sold at $330,000 plus commission of 10.00%; Final Price $363,000. With Reserve. – Speedline wheels, red calipers, cross-drilled rotors, whale tail, power windows, air conditioning, factory cassette stereo. – Titled as a 1996. Fantastic original paint other than a big unfortunate scratch in the middle of the roof, which apparently happened on the way to the auction and will be repaired at the transporter’s expense. Very lightly worn interior. In prime, almost like new condition despite the 66,271 km on the odometer. – The most powerful naturally aspirated 993 and one of 1,015 built, this Carrera RS could have brought closer to Gooding’s low estimate without being expensive and is a solid value at this price.

Lot # 42 1958 Porsche 550A Spyder; S/N 550A0145; Engine # P90127; Silver/Beige; Estimate $5,000,000 – $6,000,000; Visually maintained, largely original, 3+ condition; Not sold at Hammer bid of $4,200,000. With Reserve. – Carrera engine, dual Solex carbs, Dunlop Racing tires, Nardi woodrim steering wheel, comes with a 5-speed gearbox believed to be original to this car (period 4-speed installed.) – One of 40 improved 550As. Factory entry owned and driven by Carel de Beaufort that won its class at the Nürburgring 1000km in 1958, 2nd in class and fifth overall at Le Mans also in 1958. Driven since in the Mille Miglia numerous times. Two small dents, one with a crack, in the tip of the nose. Paint is mostly excellent. Upholstery and frame and most of the cockpit has its fair share of wear and tear from competition. Chips on the hinges of the engine cover. Long scratch on the tail. Engine rebuilt in 2012. Not completely original, but never fully restored. Certainly in good enough condition to keep racing, but most of the value here is in the historical significance. – It would be worth most if not all of the high bid here if it hadn’t scored the 550A’s best finish at Le Mans and it is surprising with Gooding’s reputation for achieving record results with Porsche Spyders that it didn’t find more interest.

Porsches Sold at Auction in 2016 – Page Fourteen

Lot # 45 1994 Porsche 911 Carrera Turbo S Coupe; S/N WP0AC2965RS480441; Engine # 61R01023; Grand Prix White/Cashmere Beige leather; Estimate $1,400,000 – $1,800,000; Unrestored original, 2 condition; Hammered Sold at $1,000,000 plus commission of 10.00%; Final Price $1,100,000. With Reserve. – Flachbau, Speedline wheels, red calipers, cross-drilled rotors, Yokohama tires, sunroof, whale tail, tinted glass, power windows, factory cassette stereo, heated power seats, all books and documents from new. – 38 miles and looks it. As close to a new car as you’ll find. One of 76 built in 1993 and 1994. Sold new to the Blackhawk Collection. Fully serviced this year. – Essentially mothballed since new, this car is destined to be a collector piece and may never rack up more than 100 miles. A million dollars seems like a lot for a 964, but this is one of the most collectible late air-cooled 911s and it could have brought more without being unreasonable, especially considering the red example over at Bonhams had a lot more miles and was bid to $1.25 million.

Lot # 81 1956 Porsche 356A Speedster, Body by Reutter; S/N 82623; Engine # 63057; Red/Black piped in Red; Black top; Estimate $400,000 – $500,000; Visually maintained, largely original, 3- condition; Hammered Sold at $425,000 plus commission of 10.00%; Final Price $467,500. With Reserve. – 1582cc/60hp, Solex carbs, silver steel wheels, hub caps, Michelin XZX tires, bumper overriders, headlight grilles, dual mirrors, gold brightwork, black vinyl boot cover, partial tool kit. – Represented as matching numbers engine and transmission. Lots of chips and blisters on the nose. Hood was repainted at some point as well as the doors; the rest of the paint is original. Big chip on the rear bumper. Chips and cracks around the engine cover. Blisters on the driver’s side door. Sound original interior. A bit dirty and pitted and original underneath. A preservation class car that is good enough to enjoy as-is. – It is refreshing to find a Speedster that hasn’t been upgraded [sic] to coupe seats to coddle sensitive American backsides. This is the fate of Max Hoffmann’s ‘inexpensive’ Porsche, which now occupies the rarified air at the top of 356s with standard engines. It brought a price that reflects what a well-maintained, highly original 356A Speedster is worth, but is it ‘worth’ this much?

Lot # 116 1975 Porsche 911S Coupe; S/N 9115200989; Engine # 6451011; Bitter Chocolate/Cinnamon leatherette; Estimate $60,000 – $80,000; Unrestored original, 2 condition; Hammered Sold at $67,000 plus commission of 10.00%; Final Price $73,700. No Reserve. – Black rim Fuchs wheels, Dunlop SP Sport tires, air conditioning, pushbutton radio, luggage, tool kit, original owner’s manual, jack. – Single owner until 2013, represented with 36,229 miles and matching numbers. A few small chips on the nose. Another on the hood and one more behind the passenger’s side door. Otherwise very good original paint. Tidy underneath. Lightly scratched window frames. Upholstery on the top of the door panel on the driver’s side is bubbling up. Seats look barely sat in and the interior is almost like new. Original car in great shape and has benefitted from extremely careful ownership, even by the anal standards of 911 owners. – While this isn’t a particularly collectible model or era for the 911, this example was a real standout in terms of its preservation and there can’t be many other cars like it. It was a huge result that brought 30 grand more than even a freshly restored ’75 S could expect to bring but not unreasonable for its preservation and originality.

Lot # 139 1959 Porsche 356A Convertible D, Body by Drauz; S/N 86090; Engine # 73346; Fjord Green/Tan leather; Tan top; Estimate $325,000 – $375,000; Concours restoration, 1- condition; Hammered Sold at $295,000 plus commission of 10.00%; Final Price $324,500. With Reserve. – Centerlock Rudge wheels, Avon tires, gold brightwork, tan cloth boot cover, bumper overriders, Speedster body trim. – Originally Ivory. Rudge wheels with hammer. Even gaps. Some fine cracks in the headlight gaskets. Very lightly wrinkled seats. Otherwise excellent interior with perfect mats and carpets. Excellent paint. An exquisitely restored car proven with show wins and lightly enjoyed. A rare model with rare equipment and finished in gorgeous colors. It doesn’t get much better. – Even with a premium for the gorgeous and rare Rudge wheels, this is an generous result that just about reaches Speedster money, but, then, isn’t this a Speedster built by Drauz?

Lot # 141 1984 Porsche 911SC/RS Coupe; S/N WP0ZZZ91ZES110008; Engine # 63E09004; Blue, , White ‘Rothmans’/Black; Estimate $1,400,000 – $1,800,000; Visually maintained, largely original, 3 condition; Not sold at Hammer bid of $1,100,000. With Reserve. – White Fuchs wheels in front, BBS in rear, Toyo Proxes tires, whale tail, mud flaps, rally lights, Marchal driving lights, Sabelt harnesses, Momo suede-wrapped steering wheel, radio communications equipment, fiberglass doors and lids. – Paint coming off of the wheels. Lots of fine web cracks in the nose, chips on the rear fenders, wear inside. Cleaned up engine bay. Long scratch other right front fender. One of 20 built and one of six Rothmans cars. While it might live in the shadow of other more exotic Porsches that have raced in Rothmans livery, this car has some serious history with wins at the Ypres Rally, Madeira Rally with Toivonen, Jordan Rally (Juha Kankkunen), Qatar Rally and Kuwait Rally (with Saeed Al Hajiri). Recently serviced and in mostly original condition. Thoroughly documented, with its Ypres-winning engine. – An outstanding Porsche, but one with only marginal appeal in the States even in the cosmopolitan crowd at Pebble Beach. It is no 959, but without it the 959 would probably never have seen the piste.

Lot # 151 1992 Porsche 911 America Roadster; S/N WP0CB2963NS460839; Black/Black leather; Black top; Estimate $140,000 – $180,000; Unrestored original, 2 condition; Hammered Sold at $112,000 plus commission of 10.00%; Final Price $123,200. No Reserve. – Cross-drilled rotors, alloy wheels, Michelin Pilot Sport tires, snorkely brake light, black cloth boot cover, power windows, air conditioning, factory cassette stereo. – A handful of small chips on the nose, otherwise fantastic original paint. Very lightly worn seats. Nearly spotless. Condition matches the 11,406 miles claimed and showing on the odometer. – The America Roadster was basically a Carrera 2 with Turbo wide body, suspension and brakes as well as Cup wheels, power top and no rear seat. 250 were made for 1992 and 1993, and they can be worth about four times what a normal 964 Carrera 2 Cabriolet is. This result was right on the money for such a well kept, low mileage example.

Porsches Sold at Auction in 2016 – Page Fifteen

Bonhams Simeone 2016 – Auction Report

Lot # 234 1978 Porsche 911SC 3.0 Targa; S/N 9118311405; Engine # 632880; Ice Green Metallic/Black leather; Estimate $30,000 – $40,000; Visually maintained, largely original, 3 condition; Hammered Sold at $28,500 plus commission of 10.00%; Final Price $31,350. With Reserve. – Blaupunkt cassette, black center Fuchs wheels, Falken tires, halogen fog lights. – Euro-spec car with a ‘paint to sample’ original color. Sound clearcoat repaint matching that color but didn’t bother with the door jambs. Newer upholstery but original interior trim and old body seals. Dirty original underbody with original undercoat. A usable, presentable car represented as two owners from new. – An attractive example of a fairly common car that brought a realistic price for its performance and production numbers.

RM Sotheby’s Hershey 2016 – Auction Report

Lot # 140 1957 Porsche 356A 1600 Speedster; S/N 83643; Engine # P66516; Red, Black hardtop/Black vinyl; Black vinyl top; Estimate $200,000 – $250,000; Unrestored original, 4 condition; No Reserve; Hammered Sold at $310,000 plus commission of 10.00%; Final Price $341,000 – Coupe seats, hubcaps, two tops, Bendix Sapphire II AM-FM, oil filter, Solex carbs. – Dull, scraped old repaint, torn upholstery, rusty bumpers. Runs but doesn’t stop. Door jambs and inside of the hood and engine cover still have the original white paint. Comes with all or most of the original trim. Chassis, engine and gearbox numbers match the Porsche Kardex. Gunky, grimy underbody. A dry solid Texas garage find with no serious rust and no holes. – Porsche Speedster barn find madness continues. This would be a generous price for a restored numbers-matching Speedster. It is a bonanza for this ratty (but solid) example that needs everything, not to mention some new seats. The estimate was ample; the price is beyond generous.

Barrett-Jackson Las Vegas 2016 – Auction Report

Lot # 025.1 1975 Porsche 914 1.8 Targa; S/N 4752906918; Silver/Black vinyl; Modified restoration, 3 condition; No Reserve; Hammered Sold at $10,500 plus commission of 10.00%; Final Price $11,550 – Store brand tires, aftermarket aluminum shift knob, aftermarket Sony stereo, 2.1 big bore kit, aftermarket pistons and rings, dual Webers. – Rub through in the paint on the tops of both front fenders. Scratched window frames and rear Porsche brightwork. Big chip next to the engine cover. Long crack in the left taillight lens. Small dent behind the driver’s side door. Good interior other than a fairly worn driver’s seat. Paint cracks around front signal lenses. Reportedly less than 100 miles on rebuilt engine. A lightly modified 914 set up for fun. – A reasonable price for a car with flaws and mods that both parties can be happy with.

Lot # 343 1990 Porsche 911 Carrera 2 Cabriolet; S/N WP0CB2960LS470600; Guards Red/Black leather; Black cloth top; Unrestored original, 3- condition; No Reserve; Hammered Sold at $22,000 plus commission of 10.00%; Final Price $24,200 – 3.6/247hp, 5-speed, snorkely brake light, power windows, air conditioning, Pioneer CD stereo, VDO dash clock. – Fairly dirty engine bay. Several small chips and scratches on the nose and hood. Several scratches on the mirrors. Dull wheels. Two large scratches on the tail. Good, lightly worn interior. Good top other than some discoloration on the passenger’s side. CARFAX shows the car hit a stationary object in 1994 and was involved in an accident with another vehicle in 1995. Porsche owners typically baby their cars and get almost as much enjoyment out of keeping their cars clean as they do out of driving them. This was never owned by a typical Porsche owner. It does have 92,404 miles, but even so should be way better than this. – This money should have bought a better car, and certainly one without a double accident history. The seller should be thrilled.

Lot # 358.1 2003 Porsche 911 Carrera 4S Coupe; S/N WP0AA29993S623107; Silver/Black leather; Unrestored original, 2- condition; No Reserve; Hammered Sold at $29,000 plus commission of 10.00%; Final Price $31,900 – P Zero tires, cross-drilled rotors, red calipers, sunroof, tinted glass, power windows, air conditioning. – Slight yellowing in the headlight lenses. A handful of small chips on the hood. The interior looks new. Wheels are a little dinged up. A used car from the somewhat unloved 996 generation and you have to knock this car a bit for the Tiptronic, but the C4S got the wheels, tires, suspension and more attractive bodywork of the Turbo. – After taxes, this car would have cost over 90 grand to buy new, which further shows that 996s are the most depreciated 911s at the moment.

Lot # 503 1983 Porsche 911SC 3.0 Targa; S/N WP0EA0913DS161385; White/Black leather; Unrestored original, 3 condition; No Reserve; Hammered Sold at $19,000 plus commission of 10.00%; Final Price $20,900 – Black Fuchs, whale tail, Alpine CD stereo, power windows, air conditioning. – Targa roof has wavy vinyl and loose seams. Huge touched up scratch on the nose, touched up with gray paint rather than white. Three big chips right above the windshield and another chip on the engine cover. Otherwise good original paint. Wrinkled and lightly cracking seats. Engine bay and underbody are tidy but show a fair amount of wear. Showing 198,557 km and no word on history. The SC has long been one of the cheapest 911s, so many examples have had many owners and deferred maintenance. – Discounted significantly for its flaws, mileage and lack of history, but the seller should still be happy to get this much for it.

Lot # 766 1989 Porsche 911 Turbo 930 Coupe; S/N WP0JB0936KS050615; Grand Prix White/Black leather; Unrestored original, 2- condition; No Reserve; Hammered Sold at $150,000 plus commission of 10.00%; Final Price $165,000 – White Fuchs wheels, P Zero tires, sunroof, whale tail, rear window wiper, white-face gauges, Momo suede-wrapped steering wheel, air conditioning, power windows, Alpine cassette stereo, wide rocker panels with factory air ducts. – Ordered new by Peter Thompson of Thompson-Reuters with wide rocker panels, factory air ducts in rear fenders and heated seats. It’s essentially equipped like a factory slant nose car but with a standard front, and as a 1989 930 it has the desirable G50 5-speed. Small scratch on the hood and a touch up below the right headlight. Several fine scratches near the left headlight. Remarkably well kept original interior. Showing 36,888 believable miles. – Sold at Bonhams Greenwich last year for $104,500, then sold again at Worldwide Auburn last year for $110,000. Despite the calming of the 911 market since those sales, this proved to be a much more successful auction outing for the car, although given the history, equipment and condition it could have brought closer to 200 Large without being expensive.

Porsches Sold at Auction in 2016 – Page Sixteen

Auctions America Hilton Head 2016 – Auction Report

Lot # 181 1979 Porsche 911 Turbo Coupe; S/N 9309800708; Silver/Black leather; Estimate $75,000 – $95,000; Unrestored original, 3+ condition; With Reserve; Not sold at Hammer bid of $69,000 – CD stereo, sliding sunroof, black center Fuchs wheels, Michelin tires, underbumper fog lights. – Good original paint, interior and engine compartment. Clean, driven underbody. – Offered at Ft. Lauderdale in April with a reported high bid of $105,000, then at Auburn Fall two months ago where it was reported bid to $80,000, the consignor is running hard to keep up with a declining market although the bid here is no more than parsimonious. The results, though, do describe the Porsche Turbo market in the past year as numbers of cars come into commerce following a bubble in values.

Lot # 184 1957 Porsche 356A 1600 Speedster, Body by Reutter; S/N 83119; Aquamarine Blue/Beige vinyl; White vinyl top; Estimate $200,000 – $250,000; Unrestored original, 4+ condition; With Reserve; Hammered Sold at $605,000 plus commission of 10.00%; Final Price $665,500 – Hubcaps, cast headlight guards, bumper overriders, coupe seats, Kardex documented. – Put away in 1975 with the top up, includes side curtains and the original upholstery. Original engine and gearbox, new carburetors. Dirty, dusty but probably recoverable original paint, sound, stiff, original upholstery. Rusty battery box and one bubble in the back of the right front fender. Clean, crisp gauges. Crusty engine compartment. A sound, complete barn find that runs but doesn’t stop. – We thought 83643 sold by RM at Hershey last month for $341,000 was a staggering result but it turns out that only set the stage for this one, effectively twice as much. It will require less (but not much less) work to make this one shine but, as some sage noted at Hilton Head, ‘when restored it’ll be worth $400,000.’ The logic of this result is thoroughly obscure.

Lot # 191 1967 Porsche 911S 2.0 Coupe; S/N 308181; Engine # 961873; Ivory/Parchment vinyl; Estimate $100,000 – $125,000; Visually maintained, largely original, 3+ condition; With Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – Fuchs wheels, auto store tires, 5-speed, Kenwood CD stereo. – Chipguarded nose, dull Fuchs wheels, original undercoat in the wheel wells. Sound old repaint, good chrome and upholstery. Foggy gauge lenses, wrapped steering wheel rim. Sound body. Orderly engine compartment with loose sound deadening mat. The engine has been out, neatly rebuilt and put back in a lightly refreshed compartment. – A sound and largely original car but with enough done that it has lost most of the originality appeal, it was bid to $160,000 at Ft. Lauderdale in April and $130,000 at Auburn Fall two months ago. The seller has been chasing the market for this desirable 911S down and finally got realistic and took this adequate price. The new owner got a car with many obvious needs but they can be progressively dealt with while enjoying it, a result that is fair to both.

Mecum Dallas 2016 – Auction Report

Lot # S130 1996 Porsche 911 GT2 Evo Coupe; S/N WP0ZZZ99ZTS394062; White/Black; Estimate $1,250,000 – $1,750,000; Unrestored original, 2 condition; With Reserve; Not sold at Hammer bid of $950,000 – 3.6/600hp, twin turbos, 6-speedBBS wheels, Michelin slicks, cross-drilled rotors, Recaro seat, Sabelt harness, full roll cage, fire system. – Two scuffs on the bottom lip. Otherwise very good paint and everything else. Looks like a new race car. One of 11 993 GT2 Evos built for GT1 racing, and just about the ultimate air-cooled 911 in terms of specification. – Not sold at Mecum Monterey this year at a high bid of $1,350,000. Given that RM just sold a 1995 GT2 for $2.4 million at their London sale, the owner of this car can’t be blamed for wanting more, although Mecum bidders have spoken twice.

1953 Porsche 356 "Pre-A" Coupe, Body by Reutter — Lot # S153 1953 Porsche 356 “Pre-A” Coupe, Body by Reutter; S/N 50451; Silver/Blue vinyl with Gray cloth inserts; Estimate $130,000 – $160,000; Older restoration, 2- condition; With Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – Hub caps, Telefunken radio. – Restored in the 1990s. Three big chips on the right side of the front bumper. Microblisters in front of the passenger’s side door and two scratches behind it. Scratch on the passenger’s side drip rail. Tidy used engine bay. Older restored underneath. Driver’s door fits erratically. Good, mostly original interior. An attractive example and inherently cool as a Pre-A 356, but not a show car. – Gee, one that can actually be driven without sullying a six-figure restoration. What a concept. These early Porsches have a distinctive purity in their design as Porsche worked hard to make the best of bad times, a long way from today’s technological triumphs. This is a sound and attractive car that brought a price fair to both the buyer and the seller.

Lot # S193 1988 Porsche 911 Turbo 930 Coupe; S/N WP0JB093XJS50308; Nougatbraun Metallic/Mahogany Brown leather; Estimate $150,000 – $175,000; Unrestored original, 2 condition; With Reserve; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000 – Black Fuchs wheels, whale tail, rear window wiper, power sunroof, power windows, air conditioning, Blaupunkt cassette stereo. – Excellent original paint and exterior plastic. Very lightly worn seats and otherwise like new interior. Beautiful, well kept late 930 showing 26,388 believable miles. – This is a downright bargain in the context of abundant recent high-dollar 930 sales, although this is about what the car could have expected to bring just two years ago. There’s something to be said for getting out in front of a declining market but this is far in front. Maybe it’s the color.

Lot # T150 1994 Porsche 968 Cabriolet; S/N WP0CA2965RS840726; Red/Black leather; Black cloth top; Unrestored original, 2 condition; With Reserve; Hammered Sold at $16,000 plus commission of 10.00%; Final Price $17,600 – Power windows, power top, air conditioning, aftermarket Kenwood CD stereo. – Lightly discolored top and cloudy plastic rear window, but otherwise very good exterior with no chips or scratches. Very light wrinkling to the seats but otherwise the interior looks new. It’s a 968, but it has been taken care of like a 911 and looks like a car with much fewer miles than the 67,508 that it shows. – The 968 was an update of the 944, but so many of the parts were new that Porsche deemed it a separate model. Like most Porsches, these have jumped in value, but this excellent example was a bargain. It easily could have brought another five grand without being expensive. Unfortunately it is a car no one knows about, and fewer people care about. Market timers might call this ‘the right time to buy a 968 before many people discover their appeal’ others might argue that the 968 epiphany may never come.

[Source: Rick Carey; lead photo: Mike Maez / Gooding and Company]

One Comment

Jim Liberty says:

December 22, 2016 at 2:12 pm

I have an SC Cab. on the market. There is little or no interest from the Porsche world on the car. It is a #1 restoration done in my shop. Makes me wonder about the vintage Porsche market as a whole. …………..Jim.

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