[tcb] Re: $55,000

  • From: sammie smith <bugcollections@xxxxxxxxxxxxx>
  • To: tcb@xxxxxxxxxxxxx
  • Date: Sat, 20 Jan 2007 17:06:33 -0800 (PST)

Your'e right Peter.  Should have qualified that.  Barndoor and through pressed 
bumpers do go for more.  However, so few of these things ever show up on the 
market it's hard to tell what they are worth.  Both the later 23s and 21 with 
fresh correct restorations in my opinion are in the 40-45,000 range.  Have seen 
fairly recently some nice 21 windows asking like $40,000 and staying on the 
market forever.  Real point of the discussion is ridiculous prices paid at 
these auctions.  Original unrestored non-pop top SO-42 Westy (one owner 
survivor car) sold last year at Pebble beach auction for $99,000.  Friend does 
Porsches.  Had 2 speedsters, had them advertised about 2 years ago for $60,000 
each, both nice fresh restorations, sold both.  Speedster appearing no better 
than those 2 from the pictures just went through BJ for $137,500. Also a 58 cab 
Porsche went for $99,000.  There is simply no way these cars are worth that in 
that you can go buy them for much less.  Last year a 56
 oval convertible went through BJ for $52,000.  At the same time there was an 
identical car advertised on the Samba that was a Coop restoration and the 
asking price was $26,000; exactly 1/2 of the BJ price.  Don't use the auctions 
like BJ to estimate values.
   
  AND, as I said a couple of days ago on this list, don't get me started on BJ.

Peter Albarian <pcalbar@xxxxxxxxxxx> wrote:
  Sammie,
When you say a 23w should go for around $45k, you need to qualify vintage and 
options. For a '62-'63 vintage I agree with you. Go back to big bumpers and 
bullets and they'll fetch more. Pressed bumper deluxes go for closer to $75k 
and it's hard to say what a BD Deluxe would fetch if very well restored; 
$115k+? When I was at Lennie's shop last Summer, he had just sold a '62 23w 
done at his shop for $58k. A somewhat flawed restoration, in the opinion of 
Kirk and I, of a '58 23w had an asking price of over $70k there. They aren't 
going down, that's for sure!
Peter

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-----Original Message-----
From: sammie smith 
Date: Sat, 20 Jan 2007 14:24:57 
To:tcb@xxxxxxxxxxxxx
Subject: [tcb] Re: $55,000

Now you guys done let out the secret to Beverly as to how much theswe busses 
are really worth!

Beverly Williams wrote: Sweet!

Ronnie Hughes wrote: 
Now I know what Sammie's retirement plan is - selling buses at Barrett-Jackson. 
  
http://www.barrett-jackson.com/carlist/cardetails.asp?In_AuctionID=221&In_LotNumber=1215:
 

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