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JDP
07-27-2009, 08:33 AM
I just got a confirmed report of a sale of a near condition 1 53 coupe for $42,500 this month.

JDP/Maryland

warrlaw1
07-27-2009, 08:43 AM
Thanks, JDP. That should encourage me to spend a little more on the restoration of my 55K. I made it through law school looking at pictures of Loewey coupes for inspiration. It worked!

candbstudebakers
07-27-2009, 09:45 AM
I think Dick Steinkamp's old black 54 went for more when he sold it one fine car. but then Dick has a knack for nice fine cars not always that way when he gets them but super nice when he is done, keep up the good work Dick....Bob

Bob Peterson / C & B Studebakers

Castro Valley, CA

http://i691.photobucket.com/albums/vv271/canbstudebakers/IM000994-1-1.jpg

studegary
07-27-2009, 01:07 PM
I think that John P. and Bob P. are referring to two different markets. John P. is referring to an almost perfect stock/authentic car and Dick S's car was/is a near perfect highly modified car.

Gary L.
Wappinger, NY

SDC member since 1968
Studebaker enthusiast much longer

studefan
07-27-2009, 07:22 PM
Did anybody notice the beautiful 1957 Golden Hawk that just sold on ebay for $49,500? Look in the completed section. Ended 19 July.

candbstudebakers
07-28-2009, 01:01 AM
A stude is A stude.

Bob Peterson / C & B Studebakers

Castro Valley, CA

http://i691.photobucket.com/albums/vv271/canbstudebakers/IM000994-1-1.jpg

Kdancy
07-28-2009, 07:04 AM
The 57 GH was a nice car, had it on my watch list to see if it would sell. You probably could not restore one to that condition for much less, you would have to have a pretty nice car to start with.
That one sell will have the book price jumping! A crock if you ask me.
I had 12 cars -Studebakers and Hudsons on my watch list to see if they sold- several had already been listed before, out of the 12, 3 sold and most of the others had lowered reserves and still didn't sell.

Dan White
07-28-2009, 08:10 AM
The '56 GH w/ the dual quad Packard V8 failed to make reserve at a bit over $38K! Not sure what he wanted but I don't think he will get it now or later.

Dan White
64 R1 GT
64 R2 GT

TX Rebel
07-28-2009, 09:36 AM
I wonder if the 57 G.H. was the same one in AL that failed to make reserve a few weeks ago when it barely went over $30K? It was a really perfect car & a national trophy winner.

Barry'd in Studes

jnormanh
07-28-2009, 03:33 PM
Here's one not too many dollars or hours from a #1, let's see what it brings-

http://cgi.ebay.com/ebaymotors/1953-STUDEBAKER-COMMANDER-STARLIGHT-COUPE_W0QQitemZ150361199912QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item230239d528&_trksid=p4506.c0.m245

rockne10
07-28-2009, 06:57 PM
quote:Originally posted by jnormanh

not too many dollars ... from a #1,

Needs black heater hoses and a correct trunk mat.

JGK 940
07-28-2009, 07:05 PM
But looks like it's got the right battery hold-down...

Keoni Dibelka / HiloFoto
In Hawai'i; on Hawai'i; on the Windward Side
If da salt air never chew 'em up bumbye da lava will...

rockne10
07-28-2009, 07:53 PM
quote: John P. is referring to an almost perfect stock/authentic car and Dick S's car was/is a near perfect highly modified car.
I wonder how that bodes for the value of a lightly modified?

John,
Without divulging particulars, in what sort of market was the sale? Public auction? Private transaction?

Dick Steinkamp
07-28-2009, 11:06 PM
quote:Originally posted by studegary

I think that John P. and Bob P. are referring to two different markets. John P. is referring to an almost perfect stock/authentic car and Dick S's car was/is a near perfect highly modified car.




I put 35,000 miles on my '54 hot rod in 8 years. Hardly a #1 car. I even had the hood and front air dam repainted before I sold it due to road rash.

I also wouldn't call that one "highly modified". The body was bone stock except for a nose and deck job. Interior was stock except for the buckets and leather upholstery. Stock dash. Chassis, suspension and brakes were stock...stock 2 piece drive shaft. The only real change was the 365 HP 327 and close ratio T10.

I contend that a Stude modified such as this brings MORE money than a stock one in similar condition. Maybe not to readers of this forum since most wouldn't consider a modified Stude...but to the market in general. Having a Chevy motor turns off Stude purisits, but opens up a far bigger market of hot rodders and folks that don't trust a motor that has been out of production for 45 years.

http://i149.photobucket.com/albums/s66/ddstnkmp/S2D%204-06/55fb.jpg



Dick Steinkamp
Bellingham, WA

http://i706.photobucket.com/albums/ww63/dstnkmp/pics066-2-1.jpg

studegary
07-29-2009, 02:33 PM
quote:Originally posted by Dick Steinkamp


quote:Originally posted by studegary

I think that John P. and Bob P. are referring to two different markets. John P. is referring to an almost perfect stock/authentic car and Dick S's car was/is a near perfect highly modified car.




I put 35,000 miles on my '54 hot rod in 8 years. Hardly a #1 car. I even had the hood and front air dam repainted before I sold it due to road rash.

I also wouldn't call that one "highly modified". The body was bone stock except for a nose and deck job. Interior was stock except for the buckets and leather upholstery. Stock dash. Chassis, suspension and brakes were stock...stock 2 piece drive shaft. The only real change was the 365 HP 327 and close ratio T10.

I contend that a Stude modified such as this brings MORE money than a stock one in similar condition. Maybe not to readers of this forum since most wouldn't consider a modified Stude...but to the market in general. Having a Chevy motor turns off Stude purisits, but opens up a far bigger market of hot rodders and folks that don't trust a motor that has been out of production for 45 years.



Dick Steinkamp


I have owned both stock and modified Studebakers.

I referred to Dick S's car as highly modified due to the engine, transmission, interior, trim, wheels, etc. This was to distinguish it from a car with a few tweeks or owner's choice items.

I was trying to infer that I felt that a modified Studebaker, like Dick's, would bring more in today's market than a completely stock car. I think that it appeals to a much larger market and a market that is attuned to spending more.

Gary L.
Wappinger, NY

SDC member since 1968
Studebaker enthusiast much longer

JDP
07-29-2009, 02:55 PM
quote:Originally posted by rockne10


quote: John P. is referring to an almost perfect stock/authentic car and Dick S's car was/is a near perfect highly modified car.
I wonder how that bodes for the value of a lightly modified?

John,
Without divulging particulars, in what sort of market was the sale? Public auction? Private transaction?



Private sale to a collector.

JDP/Maryland

jnormanh
07-31-2009, 04:18 PM
http://cgi.ebay.com/ebaymotors/1953-STUDEBAKER-COMMANDER-STARLIGHT-COUPE_W0QQitemZ150361199912QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item230239d528&_trksid=p4506.c0.m245

One bid @ $25K, two days to go on this almost perfect car. I predict it will bring more than any modified.

studegary
07-31-2009, 04:48 PM
quote:Originally posted by jnormanh

http://cgi.ebay.com/ebaymotors/1953-STUDEBAKER-COMMANDER-STARLIGHT-COUPE_W0QQitemZ150361199912QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item230239d528&_trksid=p4506.c0.m245

One bid @ $25K, two days to go on this almost perfect car. I predict it will bring more than any modified.




I am not a gambling man, but I would take you up on that bet. I also doubt that it will bring anywhere near what it cost to get it to that condition. If it was a Starliner in that condition, I would bid on it.

I find it odd that someone with an excellent '53 C that shows it, does not appear to belong to SDC (no Robert/Bob Miller in Ohio per SDC Roster).

I agree with those that question the back up lights. On my notebook, they appear to be sedan, not C/K lights.

Gary L.
Wappinger, NY

SDC member since 1968
Studebaker enthusiast much longer

jnormanh
07-31-2009, 06:31 PM
quote:Originally posted by studegary


quote:Originally posted by jnormanh

http://cgi.ebay.com/ebaymotors/1953-STUDEBAKER-COMMANDER-STARLIGHT-COUPE_W0QQitemZ150361199912QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item230239d528&_trksid=p4506.c0.m245

One bid @ $25K, two days to go on this almost perfect car. I predict it will bring more than any modified.




I am not a gambling man, but I would take you up on that bet. I also doubt that it will bring anywhere near what it cost to get it to that condition. If it was a Starliner in that condition, I would bid on it.

Different strokes for different folks, I guess. I'd prefer this car to a Starliner because my uncle bought new a virtually identical car, same everything, the only difference being that his had a blue top (and no back-up lights). I remember riding it it the day it was delivered.

I find it odd that someone with an excellent '53 C that shows it, does not appear to belong to SDC (no Robert/Bob Miller in Ohio per SDC Roster).

Not so unusual. I own a very nice '59 AH Sprite, good enough for best in class every time, but I don't belong to the Austin Healey Club.

I agree with those that question the back up lights. On my notebook, they appear to be sedan, not C/K lights.

Gary L.
Wappinger, NY

SDC member since 1968
Studebaker enthusiast much longer

53k
07-31-2009, 07:04 PM
quote:Originally posted by studegary
I am not a gambling man, but I would take you up on that bet. I also doubt that it will bring anywhere near what it cost to get it to that condition. If it was a Starliner in that condition, I would bid on it.
I find it odd that someone with an excellent '53 C that shows it, does not appear to belong to SDC (no Robert/Bob Miller in Ohio per SDC Roster).
I agree with those that question the back up lights. On my notebook, they appear to be sedan, not C/K lights.
I enlarged the picture with the rear view. They are clearly sedan backups- they cock up and the bodies are too short. When I got my '53 K in '66 it had one sedan backup and one correct one- BIG difference.



Paul Johnson, Wild and Wonderful West Virginia. '64 Daytona Wagonaire, '64 Daytona convertible, '53 Commander Starliner, Museum R-4 engine, '62 Gravely Model L, '72 Gravely Model 430

http://www.frontiernet.net/~thejohnsons/Forum%20signature%20pix/Copy%20of%20broken%20circle.jpghttp://www.frontiernet.net/~thejohnsons/Forum%20signature%20pix/Copy%20of%201-1-08%20002.jpghttp://www.frontiernet.net/~thejohnsons/Forum%20signature%20pix/Copy%20of%201-1-08%20004.jpghttp://www.frontiernet.net/~thejohnsons/Forum%20signature%20pix/Copy%20of%201-1-08%20006.jpg

Dick Steinkamp
07-31-2009, 07:09 PM
quote:Originally posted by jnormanh


One bid @ $25K, two days to go on this almost perfect car. I predict it will bring more than any modified.




If you really want to bet...contact me. I'm all in. :)

(the actual market can be VERY different from an individual's likes or dislikes)

Dick Steinkamp
Bellingham, WA

http://i706.photobucket.com/albums/ww63/dstnkmp/pics066-2-1.jpg

jnormanh
07-31-2009, 07:42 PM
quote:Originally posted by Dick Steinkamp


quote:Originally posted by jnormanh


One bid @ $25K, two days to go on this almost perfect car. I predict it will bring more than any modified.




If you really want to bet...contact me. I'm all in. :)

(the actual market can be VERY different from an individual's likes or dislikes)

Dick Steinkamp
Bellingham, WA

http://i706.photobucket.com/albums/ww63/dstnkmp/pics066-2-1.jpg


Fair bet. We know how the present market valued the Ute, a very nice modified. Subtract the value of the kart from that and we'll see whether this car brings more or less.

Dick Steinkamp
07-31-2009, 07:49 PM
quote:Originally posted by jnormanh


Fair bet. We know how the present market valued the Ute, a very nice modified. Subtract the value of the kart from that and we'll see whether this car brings more or less.


That's a far cry from "higher than any modified", but I'll still take the bet.



Dick Steinkamp
Bellingham, WA

http://i706.photobucket.com/albums/ww63/dstnkmp/pics066-2-1.jpg

barnlark
07-31-2009, 07:53 PM
Originally posted by studegary
I find it odd that someone with an excellent '53 C that shows it, does not appear to belong to SDC (no Robert/Bob Miller in Ohio per SDC Roster).

I met this fellow on Father's Day and I think I know why he's not interested in the Club. The Club's not for everyone. One of the reasons we have trouble guessing how many cars are extant. He's no less passionate about Studebakers or less knowledgeable, I can assure you of that. Very, very nice car and no expense spared. There's a story on this one, but I'm not about to post it here. Mr. Miller is a very gracious gentleman. I wish him luck with this auction. I'm with Gary and Dick on this, though, since I've seen it. GT Joe and Studeboro have seen this car, too. It's a neighborhood car for them, twenty minutes down my road.

http://i253.photobucket.com/albums/hh48/newshooter44/DSCN2239.jpg

Dick Steinkamp
08-02-2009, 08:06 PM
quote:Originally posted by jnormanh
We know how the present market valued the Ute, a very nice modified. Subtract the value of the kart from that and we'll see whether this car brings more or less.


The nice original Coupe did $25.1, met reserve and sold...

http://tinyurl.com/lxrwja

I know most here like their Studes stock, but a stock Stude has a very limited market.

A tastefully modified Stude has a bigger market.

A tastefully modified Stude with a Chevy motor has an even bigger market.

You should build your Studes the way you like them, but if money is the goal, stock comes in third place. (some exceptions like Golden Hawks, R series cars, etc.)


Dick Steinkamp
Bellingham, WA

http://i706.photobucket.com/albums/ww63/dstnkmp/pics066-2-1.jpg

jnormanh
08-02-2009, 08:15 PM
quote:Originally posted by Dick Steinkamp


quote:Originally posted by jnormanh
We know how the present market valued the Ute, a very nice modified. Subtract the value of the kart from that and we'll see whether this car brings more or less.


The nice original Coupe did $25.1, met reserve and sold...

http://tinyurl.com/lxrwja

I know most here like their Studes stock, but a stock Stude has a very limited market.

A tastefully modified Stude has a bigger market.

A tastefully modified Stude with a Chevy motor has an even bigger market.

You should build your Studes the way you like them, but if money is the goal, stock comes in third place. (some exceptions like Golden Hawks, R series cars, etc.)


Dick Steinkamp
Bellingham, WA

http://i706.photobucket.com/albums/ww63/dstnkmp/pics066-2-1.jpg


Mea Culpa. Steinkamp was right. And someone got a heckuva deal.

barnlark
08-02-2009, 09:06 PM
BTW, his name on ebay is yellowdarrin for a reason. That's tucked in the garage, too. [8D]

ed ellis
08-03-2009, 02:43 PM
let me add a little wrinkle to this discussion. dick steinkamp's point about non stock studebakers being worth more than unmodified vehicles may have some basis but i do think everyone needs to be mindful that comparing an electronic auction format to a face to face private sale just doesn't have validity.
if you think about it, all of us car guys are more impressed when we see an exceptional vehicle live and in person as opposed to looking at an electronic image of the same vehicle.
on this i think i speak with some authority as i am the guy that recently sold my '53 bombay red k body for $42,500. the car was sold as a result of an ad in hemmings to the first guy that looked at it. the buyer is a non studebaker collector who had always wanted a very nice '53 coupe and when he saw mine he jumped at it. some years back i also sold my black '58 studebaker 4x4. it was a reneged/ no sale at the atlantic city auction but was later sold to a guy and his wife who just happened to come to the show late in the day, saw the truck and paid my asking price of $51,000 with little or no negotiation. both buyers were sophisticated, knowledgable buyers who saw the quality of the vehicle[s] and were willing to pay the price for that quality and uniqueness. what other reasons motivated the buyer[s]? while i don't know for sure seeing the reflections in the paint, touching the interior seat coverings, looking at the fit and finish of the sheet metal, hearing the engine run, test driving the vehicle are all uniquely human experiences and probably influenced the buyers to reach for their check book.
IMHO ebay can't replicate that concept in an electronic format and the sale yesterday of the yellow 53 proves that point. indeed, you can "clear the market" and get rid of a vehicle using ebay with a sale at a discounted price but i argue as the ebay price goes higher and higher on truly fine automoblies the "Choke Point" of the universe of buyers decreases as a percentage of the sale price. yes, you may get more customer exposure with ebay but you don't get much else so comparing values obtained in a face to face sale with ebay results is truly an apples and oranges exercise whether its a stock studebaker or a modified studebaker.
that said,it seems to me that ebay helps you if you are trying to sell the proverbial restoration candidate, beater, #3 or worse type car/truck but if you are trying to get top dollar for a high #2 or #1 vehicle modified or otherwise ebay ain't happening

Dick Steinkamp
08-03-2009, 07:10 PM
quote:Originally posted by ed ellis
... but i do think everyone needs to be mindful that comparing an electronic auction format to a face to face private sale just doesn't have validity.



I have been thinking the same and is the main reason I'm taking the car to GoodGuys this month. And, even if it doesn't sell there, I'll have a good time anyway :D.

The eBay coupe did beat reserve, so at least the owner felt it sold for what he felt it was worth. It was a nice car, but not nearly as nice as Ed's Starliner ([:p]).

Ed's car was the best stock '53 K I have ever seen in my life. Absolutely flawless and an interesting history to boot. We both had our Starliners for sale at the last South Bend meet. Mine (Chevy powered hot rod) sold a month later for $45k. One thing I think that showed, is that high priced Studebakers will probably not sell to a Studebaker person since it was a very well attended International Meet.

One other thing to keep in mind is that a Starliner will generally bring (lots) more than a Starlight...especially stockers. Everyone likes the Starlights, but more LUST after the Starliners.





Dick Steinkamp
Bellingham, WA

http://i706.photobucket.com/albums/ww63/dstnkmp/pics066-2-1.jpg

studegary
08-03-2009, 08:40 PM
So, I guess that Dick S. and Ed E. made my argument and won my bet (modified bringing more than an equivalent, or better, stock Studebaker; also, Starliners bring more than Starlights). The car that we were betting on only brought, and sold for, $25,100. What did I win?

Gary L.
Wappinger, NY

SDC member since 1968
Studebaker enthusiast much longer

barnlark
08-03-2009, 09:03 PM
No offense to Bob's car, but the rebuild of the car above was not in the best I've ever seen category. It may have arrived at his reserve, but probably could have done better with a Steinkamp, or Poulos written and produced ad for Ebay. That's a good price, though, for what it looked like up close.
However, I think if someone relinquishes in excess of 40K for a Studebaker they are no less an official Studebaker person regardless of their new drive train and prior mindset. They're one of us now. [^]
Just like the guy DEEPNHOCK found in the truck at CeRap, we welcome all who love the lines of our marque at any price it took to get it in their hands. They should all be inside the fence and smiling.


http://i253.photobucket.com/albums/hh48/newshooter44/DSCN2375.jpg