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Resource Guide
Auction Central
By Larry Edsall
Back to Community

LeMay museum enters '27 LaSalle in the Mille Miglia
By Larry Edsall

Larry Edsall at The LeMay, America's Car Museum, will be among the American contingent participating in the Mille Miglia vintage rally that runs May 11-15 from Brescia, Italy to Rome and back. The museum is entering the event with its 1927 LaSalle 303 roadster

A spokesman for the museum in Tacoma, Washington, said the Harley Earle-designed car was purchased in 2005 because it "is one of a handful of American cars that are Mille-eligible. This reinforces what we're trying to do as a museum – to be deeply involved in the enthusiast community."

The car was prepped for the Mille by Nicola Bulgari, the jewelry scion and car collector with a shop in Allentown, Pennsylvania.

Also participating in the Mille this week are Drew Alcazar and John Bemiss of the Russo and Steele classic car auction house. They promise to provide daily updates through the Russo and Steele Facebook page and through Twitter reports.

Shelby offers self-propelled two-wheel vehicles
To complete you collection of Shelbys, you'll need to shel' out $999 for one of the limited-edition Shelby Cruiser bicycles. The bikes are produced by Felt Bicycles, which also produces bicycles for Olympic and X-Games athletes.

Larry Edsall at Shelby's staff worked with bicycle designers to create the design and graphic, which include a Wimbledon White and Guardsman Blue paint scheme.

The three-speed bicycles are built around a hydro-formed aluminum tank frame and roll on 36-spoke wheels.

Pebble Beach awards Phil Hill Scholarships
The Pebble Beach concours d'elegance has announced the first recipients of the Phil Hill Scholarships, established to encourage the preservation and restoration of historic automobiles. Though most famous as America's first world driving Grand Prix racing champion, Phil Hill also was a car collector and restorer. The Pebble Beach Company Foundation awards up to $20,000 in scholarships each year in his name to students in the Automotive Restoration program at McPherson College in Kansas. The inaugural winners are Jared Coho of Bellwood, Pennsylvania; Kalila Haddid of Kansas City, Missouri, and Casey Maxon of Lawrence, Kansas. "I had the opportunity to visit the college and to see the students at work, and I could immediately sense that this was a place my father would have fallen in love with," said Hill's son Derek. "We are thrilled to see that my father's name is continuing to support something he cared so much about."

'68 GT500 brings $79,750 at Carlisle
A 1968 Shelby GT500 fastback sold for $79,750 to top all sellers at the inaugural Auctions America by RM event earlier this month at the Carlisle Expo Center in Pennsylvania. Auctions America and Carlisle Events recently announced a joint effort under which Auctions America will stage auctions at Carlisle classic car events in Pennsylvania with Carlisle organizing swap meets and other activities at Auction America's home grounds at Auburn, Indiana. The first joint program at Auburn is scheduled May 13-15.

Larry Edsall at Other top sellers at the Carlisle auction included a fuel-injected 1964 Chevrolet Corvette for $63,250, a '69 Shelby GT350 fastback for $60,500, a 1934 Cadillac Model 355-D town coupe for $60,500 and a '68 Corvette convertible for $59,950.

The auction included 272 vehicles, with a 58-percent sell-through that generated $2.7 million.

Panel ponders the passion
As part of the Auburn spring auction, car collector and baseball hall of famer Reggie Jackson, concept car archeologist Joe Bortz and Wayne Carini of HD Theater's Chasing Classic Cars will participate in a panel discussion at 9 a.m. May 14 to talk about the passion involved in car collecting and on the state of the market and their buy/hold/sell recommendations.

ICA owner indicted
The Arizona Republic newspaper reports that Stanley Torgerson, owner of Arizona-based International Car Auction (ICA), has been indicted for allegedly defrauding more than 50 customers. Prosecutors said Torgerson spent auction proceeds on personal and business expenses instead of paying consignors. The news paper said prosecutors said the 101-count indictment could lead to life in prison should Torgerson be convicted on all counts.

The entire classic car hobby should be angry as well
Many months ago, we reported on people who had yet to be paid after selling their cars at Kruse auctions. One of them, Csaba Olah, sold his 1959 Daimler SP250 roadster because he needed money for cancer treatment. The car sold at the Kruse auction in West Palm Beach, Florida, early in 2009 for $21,000. But despite repeated efforts to collect what was owed him, Olah did not receive payment from Kruse, was not able to afford the treatment he needed, and we were informed on May 5 that he had died.

"We have never received any money from the company," his widow, Julianna, told in a message she sent via Facebook. "I'm very angry at this," she added. "I heard some of the people got paid and I do not understand why Csaba wasn't the first one getting his money when he needed it the most."

Click here for event calendar.


Click here for more articles by Larry Edsall.

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