This fully restored 30,000-mile 1959 Cadillac Series 62 Convertible
has been owned for the past 60-years by its present owner and
benefits from a full body off restoration. Purchased in 1964 and
stored until its restoration was completed in 2000, this Cadillac
is simply gorgeous. Completing about 600 miles since its
restoration, this Cadillac can be enjoyed as it is today or easily
upgraded to concours standards. HISTORY OF THIS CADILLAC. Fate
would have it in 1964 when Dennis Olson saw this Cadillac at a
little gas station in rural Thompkins, Saskatchewan. The Cadillacs
transmission had failed and the owner, being desperate to get to
Ontario, sold it to young Dennis for about $500 (paying for his bus
fare and then some). Being quite young and with limited resources,
Dennis stored the Cadillac for the next 35 years. The Cadillac had
accumulated just about 30,000 miles from new. In 1999, Dennis and
his wife Rose commenced a complete, body off the frame restoration
with Pride and Joy Restorations in Lethridge, Canada. The
restoration was comprehensive, being completed in 2000. Pride and
Joy Restorations brought the Cadillac down to bare metal and
removed any areas of rust. The Cadillac today is in gorgeous
overall condition, but has been driven less than 500 miles since
its restoration and could benefit from a minor servicing and normal
detailing. Dennis and Rose enjoyed the Cadillac at local events or
trailered it to regional car shows. EXTERIOR. The livery is
stunning in its Black paint with gorgeous chrome and stainless
steel. Most all of the chrome and stainless are in excellent
condition with only a few smaller pieces showing a few minor
defects. The contrast between the Black paint and the chrome are
spectacular, setting off the depth and luster of the paint. There
are very few touched up chips in the higher use areas. We love the
additional chrome accent that Dennis added highlighting the double
bullet taillights on the rear fender, normally only found on the
Eldorados. The Black vinyl power convertible top is nearly as new
and works well. The wide white walled radials complement the car
perfectly. The fit of the body panels is very nice overall and the
exterior is perfect for most all concours events. INTERIOR. The
impressive interior is presented in burgundy and black. The
upholstery is burgundy vinyl with period correct burgundy and black
woven inserts. The convertible top boot is burgundy vinyl and in
very nice condition. The black loop carpeting appears new and
complements the burgundy perfectly. The dash is black with loads of
chrome and stainless-steel panels and clusters. The dash is in very
nice condition with most of the chrome and stainless in very nice
to excellent condition. A few minor pieces show some wear or
pitting. The black and white two-tone steering wheel has a few very
minor hairline cracks which can be easily repaired. Overall, the
interior is very nice and is presently perfect for touring or
regional shows, or it can be easily upgraded to concours.
INSPECTION SUMMARY. Because this Cadillac is not in our showroom,
we completed a 158-point inspection and found that the clock was
not functioning and the Autronic Eye was not connected. All of the
lights, instruments, power windows, power top, heater fan motor,
power antenna and Wonderbar AM radio work well. The windshield is
nearly perfect with one small area of minor delamination near the
drivers side corner. The passenger side front window glass has a
very small crack. ENGINE AND ENGINE COMPARTMENT. The engine
compartment is in very nice overall condition. The correct finishes
were used for the restoration and its venerable 390 CID V-8 engine
produces 325 hp and performs well with good power. The engine
number is not stamped on the block, so it is assumed to be a
replacement rebuilt engine from the restoration. This Cadillac
features power steering, power brakes and an alternator replaces
the generator. Its four speed Hydramatic automatic transmission
shifts well and the suspension and power brakes are responsive. The
engine compartment can benefit from light detailing for showing,
but overall presents well and is correct. The mufflers have been
replaced with a deeper, throatier example and there is a minor
exhaust leak. The engine and transmission are well sealed and have
little to no fluid leaks. Overall, this is a wonderful opportunity
to own one of the most iconic automobiles ever made. With its
present owner of 60 years offering it for sale for the first time
and wearing a lovely, older restoration, we expect this Cadillac to
sell quickly. This can be enjoyed as it is now, or with a
relatively small investment this can be upgraded to a concours
ready example. Either way, the new owner will be the beneficiary of
six decades of love and dedication. This Cadillac comes complete
with a car cover, its spare wheel, jack, some spare parts, shop
manual, receipts, and records as well as a wonderful photo of young
Dennis with the Cadillac from about 1964 (with the Cadillac in its
original Dunstan Blue Paint Code 26). The Hagerty Value for a 1959
Cadillac Series 62 Convertible is $182,000 for a No. 2 example and
$119,000 for a No. 3 example. We have this priced fairly for the
Olsons and the buyer as a 2- for its condition, low mileage and
provenance. For more information and details, please call or text
Harry Clark at 1.602.245.7200 or email us at
[email protected] . The 158-point inspection report is
available on our website along with 150 photos and three videos.
This Cadillac is with its owners of 60 years outside of Calgary,
Canada. Dennis and Rose can help transport the Cadillac into the US
or we can help arrange shipping worldwide. We have financing
partners if you wish to finance its purchase.