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By Larry Edsall
Back to ClassicCars.com Community

Record-breaking Toyota contributes to $21.2-million RM sale of Davis collection
By Larry Edsall

Larry Edsall at ClassicCars.com Texas auto dealer Don Davis' collection of collector cars was so impressive that its distribution via an RM Auction attracted bidders from Brazil, Australia, Kuwait and nearly a dozen other foreign countries, with five of his cars selling for more than $1 million each, including a seven-figure sale for a 1967 Toyota 2000GT.

"We were honored to have been entrusted to offer Don Davis's incredible collection," said RM's Ian Kelleher. "The fantastic results reflect not only the truly exceptional quality of the cars, but also the continued health of the collector car market and Mr. Davis's reputation for collecting the best of the best."

The auction included 64 automobiles and they sold for more than $21.2 million.

The top sale was $1.936 million for a Pininfarina-bodied 1967 Ferrari 330 GTS. Another Ferrari also brought more than $1 million: a Scaglietti-bodied 1973 365 GTB/4 Daytona Spider selling for $1.65 million. A 1955 Mercedes-Benz 300SL "gullwing" sold for $1.237.5 million and a 1965 Shelby 289 Cobra brought $1.001 million.

But the stunner was the pale yellow Toyota sports coupe that sold for $1.155 million, a record for the marque. Toyota built only 351 2000GTs and the Davis car was one of only 62 with the steering wheel on the left side of the cockpit. The pre-auction estimate for the car was in the $650,000-$850,000 range.

In addition to the Toyota, auction-record prices were paid for the Ferrari 330, a Porsche 959 "Komfort" (at $770,000), a 1965 Rolls-Royce Silver Cloud III Mullner Park Ward drophead coupe ($577,000) and for a 1965 Lamborghini 350 GT coupe ($550,000).

Also of special interest was the 1941 Chrysler Newport Pacemaker by LeBaron that was the actual pace car for the Indianapolis 500. The car sold for $880,000.

Mecum at KC generates $9.6 million

A one-of-nine 1936 Ahrens-Fox BT fire truck represented the top sale at Mecum's spring auction in Kansas City. The fully restored truck with its original Big Bertha engine and six-cylinder piston pump brought $125,000.

Total sales at the event were $xx.xx.

Other top sales included $112,500 for a 1958 Chevrolet Impala convertible in tropical turquoise paint, $112,000 for a 1931 Cadillac roadster, $111,000 for a 25th anniversary-edition 1989 Lamborghini Countach, and $100,000 for a 1969 Oldsmobile Hurst 442.

Mecum's next big event is its huge 26th annual Original Spring Classic that fills the Indiana State Fairgrounds from May 14-19 with vehicles for sale, including the 1967 Ford Mustang "Eleanor" from the "Gone in 60 Seconds" movie starting Nicholas Cage. Several Eleanors were built for the film, but this is the "hero" car (7R02C179710) used for on-screen close-ups and in promotional materials.

Vicari's Cruisin' Nocona auction hits $2.6 million

Vicari Auction Company's first Cruisin' Nocona event resulted in the sale of 115 vehicles for a total of $2.6 million.

"I could not be more pleased with the turnout," said Pete Vicari. "The support of the community, local sponsors and the Horton Classic Car Museum made this event a tremendous success and we look forward to returning next year."

Nocona is a small town near the Texas/Oklahoma border that is trying to reclaim lost fame by becoming a classic car destination.

Larry Edsall at ClassicCars.com The inaugural auction had an 83-percent sell-through rate. The top sales were $260,000 for a 1963 Chevrolet Corvette Z06 coupe that had been in storage since the 1980s, $150 for a 1962 Corvette convertible and $100,000 for a 1954 Buick Skylark.

Bikes bring $2.17 million at auction

A 1952 Vincent Black Shadow sold for $176,130 to top the Bonhams' auction at the recent International Classic MotorCycle Show in England. The Black Shadow was the factory bike sent to the Monthlhery circuit in France to set various speed records in the spring of 1952. The bike established eight records, including a six-hour stint at more than 100 miles per hour, but didn't get the cherished 24-hour record because of mechanical failures.

Total sales for the auction were $2.17 million.

Among the highlights were the sale, for $50,000, of a 1914 Indian Model F formerly owned by Steve McQueen and the sale of a 1931 Brough Superior SS80 that had been won in a raffle some 40 years ago. The Brough, originally an Ipswich motorcycle with sidecar, but offered in solo trim for the raffle, brought $89,200 at the auction, or, as Bonhams expressed it, ""more than a million times the cost of the 1972 raffle ticket."

Corvettes featured at Sonoma Historic festival

Steve Earle's 27th annual historic racing car showcase, now known as the Sonoma Historic Motorsports Festival, is scheduled for May 18-19 at Sonoma Raceway, where the Chevrolet Corvette will be the featured marque.

"From its introduction in 1953 and the bold first steps into the road-racing world at the 12 Hours of Sebring in 1956, to the 24 Hours of Le Mans and hundreds of SCCA events across the country, the Corvette has remained 'America's sports car'." Earle said.

Among the 400 vintage and historic racing cars gathering in northern California for the event will be 32 Corvettes spanning four decades of racing. Among them will be Paul Reinhart with his 1957 and 1957 Corvettes. Reinhart raced Corvettes against Carroll Shelby's Cobras in the 1960s and won the Pacific Coast SCCA B-Production championship in 1962.

"We tip our hats to Paul Reinhart," said Earle. "He was a hero of the day in California as he mercilessly harassed the Cobras with his Sting Ray coupe.

"The Fifties and Sixties in California were magical years," Earle added, "as Corvettes dominated in SCCA racing and Chevrolet encouraged amateur and professional racers around the country to compete in its product by providing everything they needed at the local Chevrolet dealer."

In addition to competition at the track, the Marin Sonoma concours d'elegance will be held May 19 at the Marin Civic Center. The event will feature cars owned by Hollywood legends, the 50th anniversary of Lamborghini, Woodie wagons, vintage campers and Italian motorcycles.

What's next?

May 3-5 -- Texas Concours and Worldwide auction, Montgomery, Texas
May 4 -- RK Motors inaugural auction, Pinehurst, North Carolina
May 4-5 -- Keels and Wheels, Seabrook, Texas (featuring 100th anniversary of Stutz)
May 5 -- Greystone Mansion concours, Beverly Hills, California
May 11-14 -- Auctions America at Auburn, Indiana
May 14-15 -- Mecum Original Spring auction at Indianapolis

Click here for event calendar.

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