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Barrett Jackson Auctions
 

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Sparky
Joined: 08 Dec 2003
Posts: 17925
Location: Portland, OR

1/1/13 8:39 PM

Barrett Jackson Auctions

Well, I am a bit sick.

Elaine and I got engaged in 1981. I had a 1970 442 Convertible with the W-30 Option. It was in my garage all the trim off. Striped to metal and primed, super clean body. Engine/trans out, just getting started into making it minty was the plan. When we got our 1st place together, we decided it would cost more to finish that it would be worth, or maybe equal with the investment at best.

Well, just watched one go for $200k on the Barrett Jackson Auction on Cable....

I got about $4k for it by parting it out, about a $1500.00 profit.

Mine was silver with black interior, this is the $200k car that closed at auction.

<img src="http://www.barrett-jackson.com/staging/carlist/items/Fullsize/Cars/116182/116182_Front_3-4_Web.jpg" /img>

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Andy M-S
Joined: 11 Jan 2004
Posts: 3226
Location: Hamden (greater New Haven) CT

1/1/13 8:48 PM

Regrets, I've had a few...

I can understand that; I have owned guitars (and sold them for cheap) that would now fetch 10x their original value (OK, not quite the same thing, but still). But on reflection, here's another take:

Yeah, you might've kept yours and sold it for $200K. Or you might have sunk a few $K into it and then wrecked it in '85.

You can't know. If you could (to paraphrase Camus, and totally out of context, for you grad students) you'd just turn to the last page and you'd know. But then, you'd know stuff you likely wouldn't want to.

Enjoy it while you got it, 'cause no matter what it is, it ain't gonna last.

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Sparky
Joined: 08 Dec 2003
Posts: 17925
Location: Portland, OR

1/1/13 8:56 PM


quote:
I can understand that; I have owned guitars (and sold them for cheap) that would now fetch 10x their original value (OK, not quite the same thing, but still).


I sold two Les Pauls about the same time. A wine red and tobacco customs, and also had a 1967 Telecaster. Up side, I still have on set of the pickups from the 71 lespaul [put dimarzios in it] and the neck pickup form the 67 Tele. ;)



quote:
But on reflection, here's another take:

Yeah, you might've kept yours and sold it for $200K. Or you might have sunk a few $K into it and then wrecked it in '85.


It was hard to keep it hooked up, unless you put cheater slicks on it. But I just burned radials off the back every month or so... Most of these did get crashed. Which is why I got $2500.00 just for the fiberglass induction hood striped and in primer back then...

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Sparky
Joined: 08 Dec 2003
Posts: 17925
Location: Portland, OR

1/1/13 8:59 PM

Hey Andy, speaking of guitars, look what I got last week. Besides my 1984 The Paul, not had a LP since the early 80s sell-a-thon.

Gary Moore BFG. ;)

<img src="http://coupekiss.host-ed.me/images/tdpri/GMBFG.jpg" width=350 height=190 /img>

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PLee
Joined: 08 Dec 2003
Posts: 3676
Location: Brooklyn, NY

1/1/13 9:04 PM

There's no looking back

When I was about to graduate law school, my wife and I were looking for a home and we passed on paying $120k for a 2000 sq ft floor through loft on Broadway near Houston. Private elevator entrance, two fireplaces, exposed brick, three exposures, 14 ft ceilings. It's probably worth $5 million today . . .

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Andy M-S
Joined: 11 Jan 2004
Posts: 3226
Location: Hamden (greater New Haven) CT

1/1/13 9:05 PM

Nice!

Interesting finish; I'm sort of split on it. But ALMOST any LP is a good LP, they say.

By "The Paul," do you mean the walnut model w/o binding, something like an oil finish (we've likely discussed in the past, but my brain skips things)? If so, I nearly bought one, late '70s, and wish I had. I like the longer scale length on Fender instruments, but I loved the look of "The Paul."

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Andy M-S
Joined: 11 Jan 2004
Posts: 3226
Location: Hamden (greater New Haven) CT

1/1/13 9:08 PM

No Looking Back

When my spouse and I taught at Union College in glorious Schenectady (back in the early '90s), we were told that one president of the school, Eliphalet Nott, was approached by another educator about starting a great university, and that he sold them some fairly worthless land that Union owned in a place called Morningside Heights...

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Sparky
Joined: 08 Dec 2003
Posts: 17925
Location: Portland, OR

1/1/13 9:24 PM

"By "The Paul," do you mean the walnut model w/o binding"


Mine is a Firebrand all mahogany, but yes on the lack of binding. It has an ebony fretboard and some 1971 T-Bobbin Humbuckers in it. ;)

Has some re-glued control area cracks I will refinish one day, or not.

<img src="http://coupekiss.host-ed.me/images/tdpri/00-S5031797sm.jpg" /img>

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Sparky
Joined: 08 Dec 2003
Posts: 17925
Location: Portland, OR

1/1/13 9:28 PM

Google the BFG, it actually has very little finish, and the scalloped looks is what the CNC left behind during the maple top carve. They just sand off the share edges. Kind of the cheaper LP. the modern day "The Paul" offering for 2009-12. ;) I plan to faix top bind and get some more nitro on it. They are less than thin skinned the way they come...

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stan
Joined: 14 Feb 2004
Posts: 463

1/2/13 9:46 PM

A friend had one of the original 442s. That was before the big block engine and his was something like 330 cu in. The 442 stood for 4 speed, 4 barrel, and dual exhaust.

This and the other stories reminded me of a sales person that wanted by wife and I to buy oceanfront lots on NC Outer Banks before the devlopment hit big. they ranged from $8,000 to $12,000 at the time.

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bboston75
Joined: 16 Jan 2004
Posts: 366
Location: philadelphia

1/3/13 8:00 PM

Mustang regret

When I got out of the Army in 1969 my mother-in-law gave us her '65 Mustang, 8 cyl but I can't remember if it was a 260 or 289, 4 spd. Ran it into the ground and got $300 for it when we traded it in on a 72 Corolla 2 door station wagon - possibly the worst carToyota ever made, but even it now has a cult following.

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Nick Payne
Joined: 10 Jan 2004
Posts: 2491
Location: Canberra, Australia

1/4/13 12:47 AM

A story my father told me recently: When WWII started he was 18, working in Rhodesia, and had an Austin that he was part way through fixing up. As he was going into the army and couldn't finish the restoration, he sold the car to his brother for 30 pounds. His brother got the car going OK. At the end of the war, cars were in extremely short supply, and his brother sold the Austin for several hundred pounds and refused to share any of the proceeds. In those days that was more than an average annual wage.

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ErikS
Joined: 19 May 2005
Posts: 8335
Location: Slowing boiling over in the steamy south, Global Warming is real

1/4/13 4:00 AM

I had a '82 Chevette I drove on paper route every morning for 2.5 years.

I have no regrets getting rid of it. POS.

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JayPee
Joined: 15 Jan 2004
Posts: 2916
Location: Excited Mets Fan

1/5/13 3:55 PM

1966 Chevelle SS

Oh, and it was a red Convertible, and a 396 .. . .

My wife's and I had a Dart 340 Swinger - 50% better mileage mattered in 1971 - even if it was only 12-15.

I'm sure have pix of it tho! Somewhere . . .

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Sparky
Joined: 08 Dec 2003
Posts: 17925
Location: Portland, OR

1/5/13 4:14 PM

In the 70s, we had in the family.

1969 Road Runner Covert.
1967 GTO Convert.
two 63 Dart Converts.
1963 SS Impala.

All these restored today pretty pricey...

Not sure if as much a the W30, but the 67 GTO and 63 SS maybe...

" 1966 Chevelle SS Convertible 396 " be up there that is for sure...

A high childhood/teen/hs buddy still had his 1969 Chevelle SS 396 Convert in Pace car colors, although not a pace car, last I saw it in 2001-2 it was mint. Another friend has a restored 82 GTO, that is quite mint, but probably not as valuable as some of these others..


The Auction ended with a 54 GullWing with 4k original miles, original everything except a repaint.
It went for 2, and 6 zeros. Whew

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JayPee
Joined: 15 Jan 2004
Posts: 2916
Location: Excited Mets Fan

1/7/13 11:48 AM

My Take

" . . GullWing with 4k original miles, original everything . . . "

If you only liked it enuf to put 4k miles on it it says to me it was a lousy buy . . .

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