68 SPL31117895 at the Amelia Island auction March 7

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sleepyzzz
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by sleepyzzz » Sat Mar 08, 2014 12:01 pm

Bob, is cruising around not enjoying it right now? you proved me right :P If you do sell it, I hope I get to ride in it one last time before it leaves NW AR.
1967 SPL1600 sold
2015 Nissan Rogue
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notoptoy
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by notoptoy » Sat Mar 08, 2014 12:15 pm

All I can say is, wow. Perhaps I should up the agreed upon insurance value of my roadster....$15K is starting to look pretty slim.
Anybody know what the MGB went for?
"When all else fails, force prevails!" Ummm, we're gonna need a bigger hammer here.

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Gregs672000
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by Gregs672000 » Sat Mar 08, 2014 1:59 pm

notoptoy wrote:All I can say is, wow. Perhaps I should up the agreed upon insurance value of my roadster....$15K is starting to look pretty slim.
Anybody know what the MGB went for?
Me too! Not that mine could EVER be even close to that without spending twice as much, but still, she cannot be easily replaced or cobbled together like mine. Better call my insurance co before we hit the road this summer!

Huge congrats!
Greg Burrows
'67 2000 #588
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RCMike
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by RCMike » Sat Mar 08, 2014 2:53 pm

Sorry, I was looking for this Bob..

viewtopic.php?f=2&t=21168

I was thinking he would be quite pleased that a very nice example of a roadster went for very close to $50k, since that was basically the point of his earlier discussion..

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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by Alvin » Sat Mar 08, 2014 5:12 pm

^LOL me too! Thread got way out of control :mrgreen:
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by Dave Can » Mon Mar 10, 2014 9:12 am

Let us journey back in time to the wonders of 2007 when a 67.5 Datsun 1600/2000 hybrid went up for auction at Amelia Island and sold for ... (drum roll) ... $14,300.

http://www.rmauctions.com/lots/lot.cfm?lot_id=136068" onclick="window.open(this.href);return false;
'68 1600 (very slowly coming back to life)
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bikermike
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by bikermike » Mon Mar 10, 2014 4:42 pm

-Mike
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1972 240z / L28
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by jamesw » Mon Mar 10, 2014 6:29 pm

It's the "beauty of an old Datsun!"
SRL311-00275
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Steve49841
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by Steve49841 » Tue Mar 11, 2014 6:00 am

Am I the only one who thinks this is only good for one person....the guy who sold the car?! I'm thinking the cool little car you could dig up in a barn somewhere and actually afford to put back on the road just doubled in price when the word gets out. So while everybody is running around hyperventilating about how wonderful this all is just remember it might not be so good the next time you try to buy something and the guy says....one of these just sold at Amelia Island for $56K so I jacked up the price on mine....

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Linda
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by Linda » Tue Mar 11, 2014 6:31 am

I think it will flush out the forgotten dusty beaters as much as anything. Whether the market agrees with the new price direction or decides it is a fluke is the question. It is still a down economy for the majority.
Mildly interesting LOL

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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by jamesw » Tue Mar 11, 2014 7:28 am

I can only see this as a good thing. If the value of the roadster goes up more people will make parts for them and we can keep ours on the road longer. Eventually, all of the NOS parts will run out and our cars won't run forever...

Seeing as most of us on here already have a roadster - because we love the cars. We're (well most of us anyhow) aren't in this hobby so that we can find deals and get cheap cars.

Cheers
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by GoldHawg » Tue Mar 11, 2014 11:49 am

Made CNBC video yesterday:
http://video.cnbc.com/gallery/?video=3000254919" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;


Oops...missed the post above...too much excitement seeing Datsuns on CNBC!

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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by notoptoy » Wed Mar 12, 2014 2:10 pm

And yet more coverage:
http://www.hagerty.com/articles-videos/ ... 03-12-2014" onclick="window.open(this.href);return false;" onclick="window.open(this.href);return false;
"This doesn’t just hold true with blue chip collectibles. One of the finest Datsun roadsters on the planet sold for $50,600, while a similarly fantastic Volkswagen Beetle earned $82,500. Driver examples of these cars can still be found for less than $10,000 in many cases, but top-quality restorations earning amazing prices illustrates strength for some cars in lower price brackets. Consider this a continuation of the theme on display at the Bonhams Carmel sale of a $48,300 Fiat 124 spider in August and the $46,200 1989 Alfa Romeo Spider sold by Gooding in Scottsdale this past January. Restoring these cars to such a high standard still doesn’t make pure economic sense, but the financial calculus is shifting."
"When all else fails, force prevails!" Ummm, we're gonna need a bigger hammer here.

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Phred58
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by Phred58 » Thu Mar 13, 2014 12:27 am

I was following the thread and if I have the correct 67 MGB (Gooding and Co., Lot 47, Amelia Island 2014), it went for $ 37.4K.
68 SRL311-05416
68 SRL311-03507 (currently undergoing restoration)
67.5 SPL311-12278 - big parts off to scrap, small stuff in buckets
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Re: 68 SPL31117895 at the Amelia Island auction March 7

Post by RCMike » Thu Mar 13, 2014 4:12 pm

I can understand the concern about rising price, but frankly I can only see that as a good thing if you actually like these cars.

First, it will give pause to the current market where the barn find you describe is economically worth more as a parts car than as a restoration. I did significant research before I bought mine and I was told over and over that a restoration is a terrible proposition money wise. With a sale like this, that statement becomes less true. It might now be possible to save some of these cars, AND not lose a ton of money doing it.

Second, it's very likely that as more cars become restoration projects instead of parts sources, more hard to find parts will be reproduced. This absolutely happened with the bus.

Third, a lot of partially finished roadster projects will probably get finished. Cars where the owner was 30k or more into a restoration and looking at the end and could not justify spending another 10k to end up with a $15k car. Now that owner can look at the car and think that if they finish they might get most of the money out.. More finished cars means more market for parts.

It's all good. Of course there will be some guy with a 10" thick tree growing up through the shifter hole that thinks he now has a $10k car. He was never going to sell that car anyway.

Just my opinion. And yes, the MGB brought 34+fees so 37.4