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2R5
01-19-2011, 06:20 PM
Sitting here tonight watching the BJ auction and almost right off the opening was a 47 M series , very nice with only a few modifications going for $31,000....Studes are starting to get up there at this auction .

PlainBrownR2
01-19-2011, 06:49 PM
Also keep an eye out for these two stinkers:

http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?aid=403&ln=704&pop=0&it=1

http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?aid=403&ln=650.1&pop=0&it=1

And this one which will get special mention, which was on yesterday:
http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?aid=403&ln=66.1&pop=0&it=1

Much like the 52 pickup the Mustang has a supercharged engine, and much like the description of the pickup, when they were auctioning off the Mustang, they had a brief sidebar of Studebaker's history in that the fixed pulley Paxton setup, which is yellow on the Mustang, was used on the Golden Hawk(no mention of either the Avanti or Jet Thrust cars), and that the "Supercharged" script was similarly used on the Golden Hawks :mad:.

(That's my beef on more than a not so average, major Studebaker historical glitch, from last night's auction, returning to normal in 3....2......1.....:p)

2R5
01-19-2011, 07:10 PM
Bet that R series will bring some serious cash !

Bob Andrews
01-19-2011, 07:14 PM
I do love the Scottsdale B-J broadcast, warts and all. I look forward to it every year. Instead of my usual work on the road Tues. and Thurs. nights I take this week off to watch. What I don't see will be recorded, so I will see the entire broadcast eventually:)

63t-cab
01-19-2011, 07:16 PM
Notice the grille on the 52 c-cab,first time I've seen that done.got a nice clean lok to it !

mbstude
01-19-2011, 07:25 PM
That's a stock 58-59 Scotsman truck grille in that '52.

I know that truck well, and know the guy that had it built. To say it's a nice (and cool) truck would be an understatement.

DEEPNHOCK
01-19-2011, 07:26 PM
All I know is that every enclosed car hauling trailer is down in Arizona right now:mad::(

2R5
01-19-2011, 07:29 PM
That grill is stock for the year but it has ivory paint on some parts that it wouldn't of had originally.

Bob Andrews
01-19-2011, 07:33 PM
All I know is that every enclosed car hauling trailer is down in Arizona right now:mad::(

I would have thought you'd have known something else besides that. But that does explain a lot...


http://serve.mysmiley.net/tongue/tongue0011.gif

41 Frank
01-19-2011, 07:34 PM
Guess I'll see the Studes tomorrow when a bunch of us SDC'rs go to have a look see for ourselves. I don't have cable currently so don't have Speed channel.

Mr Speed 53
01-19-2011, 08:02 PM
Hasnt this truck been sold at BJ before ? I remember a similar one selling for around 70k that the Stude experts pointed out had many years of parts on it. Still a beautiful truck ! Ed

mbstude
01-19-2011, 08:09 PM
Hasnt this truck been sold at BJ before ? I remember a similar one selling for around 70k that the Stude experts pointed out had many years of parts on it. Still a beautiful truck ! Ed

Hey Ed, nice to hear from ya. The one that went for over $70K with wrong parts was an M5. See you in May!

Mr Speed 53
01-19-2011, 08:33 PM
Thanks for the info Mathew all I can remember is green and had whitewalls. Doing body and paint on a friends 53 coupe so not much time for the computer and looking forward to tailgaiting in may also. Reserved my rooms a month ago. Ed

Bob Andrews
01-19-2011, 10:50 PM
The red 57 GH goes tomorrow, lot #716.1.

jackb
01-20-2011, 11:22 AM
Seriously.....are these vehicles a 1-time only PR sale...or can someone cite continued sales at these numbers....?

JDP
01-20-2011, 11:31 AM
Seriously.....are these vehicles a 1-time only PR sale...or can someone cite continued sales at these numbers....?

Pretty much a exceptional price. I know collectors that buy cars just to play with them for a but, than resell for half the cost. One of my clients actually bought a 40K street rod, got it and was disappointed, so he gave it to one of his mechanics. At the level of income of some collectors, it would be like me giving N8 old part I didn't need. Heck, their girlfriend might spent that kind of money on a gown she wears once so it's all relative How else could you explain 100K for a 60's VW bus or a million dollar sweet sixteen party for your kid ?

2R5
01-20-2011, 11:49 AM
Actually that M truck going for $31,000 wasn't that faroff. Go buy one , restore it to that quality and your not going to be far off that figure, maybe even over.

JDP
01-20-2011, 12:12 PM
Actually that M truck going for $31,000 wasn't that faroff. Go buy one , restore it to that quality and your not going to be far off that figure, maybe even over.

I was referring to the 75K paid for a green M series a year or so back

warrlaw1
01-20-2011, 01:47 PM
I was watching that Mustang being described and sold. PBR2 isn't kidding. My blood pressure spiked, too, when they said the "Supercharged" script was from a Golden Hawk. What a waste of a good Paxton unit.

PlainBrownR2
01-20-2011, 04:18 PM
I will point out the kit on the Mustang was something you could buy off the shelf for the cars(if yall have the somewhat smaller pulley with a nose on it, it probably came from the Mustang kit). Paxton sold the kits to a number of other makes and models besides Studebaker. But the commentator's expertise on our poor cars was off not by a little, but an obnoxiously whole lot :p. I can take a little misinformation on our cars, but that was just too much :eek:.

41 Frank
01-20-2011, 04:53 PM
Saw the 57 Golden Hawk today and all the other Studes. The GH is a ten year old restoration (according to one of our guys that talked to the owner) showing wear but still a good driver quality vehicle. I noticed things like the center grille needing plating. The LR tire was almost cut through from rubbing on the fender lip. Could not get a finger between the tire and body but could on the passenger side. Did not watch any Studes go across the block. The 50 convert was a real healthy sounding streetrod when it came by me after being gaveled. The green M-5 was well done but had some dirt showing in the paint, still about right in price and still less than half of what the other one sold for 2 years ago which was no better.

2R5
01-20-2011, 06:23 PM
Frank , how did that R series truck look ?

The 52 R brought the same as the M truck ....$31,000 !

41 Frank
01-20-2011, 07:11 PM
I Did not get a look at it Bob, sorry. I did see a purple M with a lot of custom touches like the cab and box were one piece and headlights behind grille, little white wall tires etc. Not my cup of tea there though.

Frank , how did that R series truck look ?

Mr Speed 53
01-20-2011, 07:30 PM
The 2R truck just sold for 31k. Thought it wouldnt be shown because they broke in to show the Indy Camaro for the first time. Ed

sweetolbob
01-20-2011, 07:37 PM
The 2R truck just sold for 31k. Thought it wouldnt be shown because they broke in to show the Indy Camaro for the first time. Ed

That's why I watch less and less of the BJ Auctions. They'll go through 15 Camaros, 6 vettes, and 12 Mustangs and when a unique vehicle, say a 1903 Henway is about to be shown, they'll go away. Apparently their opinion is that most of the viewers want to watch those common vehicles.:mad:

Bob

Bob Andrews
01-20-2011, 07:53 PM
Apparently their opinion is that most of the viewers want to watch those common vehicles.:mad:



Fact is, that opinion is correct. Like you I love the unusual, especially Studes, but we are in the minority. I think the vast majority of car people prefer the Big 3 offerings, especially muscle cars; so it's just good business to give them favoring coverage. I love them all anyway, and loved the unveiling of the new Camaro convertible; I just wish that cutaway would have occured during the sale of one of the multitude of Vettes instead of the Stude truck...

Mr Speed 53
01-20-2011, 07:54 PM
I coldnt believe it ! of all the times they could into the new Pace Car it had to be during a Stude sale. Thankfully got to see the truck because I thought itmay have sold during a commercial break. I have seen this truck at SDC meets in the past and always looked very excellent. Ed

Studedude
01-20-2011, 08:11 PM
....when a unique vehicle, say a 1903 Henway is about to be shown....Bob
What's a Henway?

Bob Andrews
01-20-2011, 08:13 PM
BJ investment bummer:

2002 Pontiac Firebird Firehawk, 25 actual miles. Cost new: $35K. Climate-controlled storage for 9 years: ??? Selling price 2011: $34K.

:(

PlainBrownR2
01-20-2011, 08:17 PM
What's a Henway?
About 5 1/2 pounds....

(Hahaha :p)

BobPalma
01-20-2011, 08:31 PM
BJ investment bummer:

2002 Pontiac Firebird Firehawk, 25 actual miles. Cost new: $35K. Climate-controlled storage for 9 years: ??? Selling price 2011: $34K. :(

That's only a little worse than the "new" 1994 Mustang Pace Car with 9 (nine) miles on it, Bob.

Sticker was still on it, about $28,000, and it sold for $30,000 or $31,000, I forget which.
Great investment!
Store it and insure it for 17 years and pay all the costs of getting it to BJ and then a sales commission and....hey, wait a minute, I just lost 6 or 7 grand!

What's up with that? BP

41 Frank
01-20-2011, 08:42 PM
That is the chance you take when selling at a no reserve auction. I never thought buying a new car, storing it away for a number of years and expecting a healthy return on your money was a good investment idea. I also heard this afternoon that B-J commissions are now up to 10 and 12% up from 8 and 9%. No confirmation on that though.

That's only a little worse than the "new" 1994 Mustang Pace Car with 9 (nine) miles on it, Bob.

Sticker was still on it, about $28,000, and it sold for $30,000 or $31,000, I forget which.
Great investment!
Store it and insure it for 17 years and pay all the costs of getting it to BJ and then a sales commission and....hey, wait a minute, I just lost 6 or 7 grand!

What's up with that? BP

Bob Andrews
01-20-2011, 08:52 PM
I sometimes wonder about the ex-girlfriend who received for her 18th birthday a brand-new '83 Hurst Olds. She drove it a few days and decided it was an "investment" and put it into storage with a couple hundred miles, and made her parents buy her another car. She was adorable, a tall redhead with legs that wouldn't quit; but it became clear that the ultra-spoiled only child of well-to-do parents was always going to be a high-maintenance diva, so I bailed quickly:) Wonder if she still has that car?

If so, and if it's still perfect, it's probably worth a good 75% of its original sticker:o I can just picture her pouting and stomping her foot. Cute yet irritating<GG>

PlainBrownR2
01-20-2011, 09:01 PM
There's a 57 Golden Hawk on deck, with a Hagerty fantasy bid attached to it too :p.....

Bob Andrews
01-20-2011, 09:02 PM
Store it and insure it for 17 years and pay all the costs of getting it to BJ and then a sales commission and....hey, wait a minute, I just lost 6 or 7 grand!

What's up with that? BP

From the B-J site:

To sell a vehicle at Barrett-Jackson, the Consignor is responsible for an entry fee as well as a Seller’s commission of 8% of the hammer price. The entry fee is determined by day and time of your Lot entry and includes tent space. Payment of fees without a signed contract does not constitute a consignment agreement.

Interestingly, they do not list buyer's fees. I guess, "If you have to ask you cawn't afford it, luv!"<GG>

sweetolbob
01-20-2011, 09:03 PM
What's a Henway?

Thanks Dave

You get credit for an assist for that.:o

Bob

2R5
01-20-2011, 09:04 PM
So much for the theory that they don't show Studebakers !

.....WOW......can't beleive it!

$99,000

mbstude
01-20-2011, 09:30 PM
The 57 Hawk just sold for $99K. Interesting that the guy who bought it, was also the buyer of the 2R5 pickup. Guess he likes supercharged 289's. :cool:

PlainBrownR2
01-20-2011, 09:36 PM
Good Lord!! 99,000 bones!! I had squint and look twice at that final number when I saw that for the Golden Hawk :D!! That was just over the top :D!!

(In all fairness I was waiting for the number to click over to the 100k mark, but the bidder didn't want any of it, oh well :p.....)

41 Frank
01-20-2011, 09:36 PM
Since I saw the GH in person I will state that this is a crazy amount of money for that car. It would not be capable ofgarnering a first place at an SDC International meet. Denny Lockmon that was with us today just called and said with buyers commissions etc it would total about $110.000!
From this day on us hobbyist can all forget ever owning one of those!

Green53
01-20-2011, 09:38 PM
He has to be totally nuts. Probably could buy 2 better ones for that money.

Denny L

62stude
01-20-2011, 09:41 PM
Sitting here tonight watching the BJ auction and almost right off the opening was a 47 M series , very nice with only a few modifications going for $31,000....Studes are starting to get up there at this auction .

Same guy bought both, Turning Wheels should do a article?

sweetolbob
01-20-2011, 09:42 PM
Since I saw the GH in person I will state that this is a crazy amount of money for that car. It would not be capable ofgarnering a first place at an SDC International meet. Denny Lockmon just called and said with buyers commissions etc it would total about $110.000!

But what we all need to remember is what JDP said earlier about the reason some folks bid on these cars at these auctions. It's just that we don't have "FU" money, to quote Mister Obvious!

Bob

barnlark
01-20-2011, 09:47 PM
Since I saw the GH in person I will state that this is a crazy amount of money for that car. It would not be capable ofgarnering a first place at an SDC International meet. Denny Lockmon that was with us today just called and said with buyers commissions etc it would total about $110.000!

I was wondering how that looked close-up. Smart or not, finally we get some respect money-wise for our beloved marque. My daughter thought I was loudly cheering for a football game from the other room. Great night, great auction..

hi-peral
01-20-2011, 09:47 PM
All in price is listed as $108,900 so it did crack $100K when the dust settled.

Lil Red Conestoga lot 635 sells for $22K all in.

JBOYLE
01-20-2011, 09:53 PM
From this day on us hobbyist can all forget ever owning one of those!

I very respectfully disagree. Unless they become the new fad car (flavor of the month) for non-Stude guys. SDC members know what they're worth and they'll continue to sell for current prices (plus a bit) that to knowledgeable fans.

It's a fairly simple case of supply and demand. Unless everyone wants one, prices won't be too stupid.

41 Frank
01-20-2011, 09:57 PM
I sincerely hope you are right.

I very respectfully disagree. Unless they become the new fad car (flavor of the month) for non-Stude guys. SDC members know what they're worth and they'll continue to sell for current prices (plus a bit) that to knowledgeable fans.

Bob Andrews
01-20-2011, 10:07 PM
I agree. Just a fluke. In the trunk was an ad from a few years back where the seller was asking $49K and found no takers- and that was when the economy was much better!

White Hawk
01-20-2011, 10:23 PM
$99,000.00! for a Hawk! Is that American money?

jlmccuan
01-20-2011, 10:26 PM
I agree. Just a fluke. In the trunk was an ad from a few years back where the seller was asking $49K and found no takers- and that was when the economy was much better!

And a lot fresher restoration. Kudos to the seller for ponying up the additional money for placement. The car even got an intro promo on air and was a fantasy bid car. The room was ready for a big car and sure enough one appeared.

JDP are you sure you didn't write the marketing plan for this one?

jbwhttail
01-20-2011, 10:57 PM
Do you think the seller has any regrets? Or the buyer, he was present and had the opportunity to view the car as did Frank.

I'm in sales, as long as the seller and buyer are satisfied......... it's a good deal.

Revel in Studebakers bringing top dollar compared to a Chevy of the same vintage, some here said that would never happen. ....... something just froze over other than the midwest.

Makes me want to drag my car to BJ next year, I would take the critique of those here for that FAT CASH! As would evryone else............

Bob Andrews
01-20-2011, 11:01 PM
Loved this story:

Richard Petty was there to promote the sale of a Cup car to benefit paralyzed veterans. The owner had bought it previously and was donating it. The buyer was moved to tears by the story that he paid $150K for it- then promptly donated it back, whereupon it resold for $95K!

Now, I know there will be naysayers; some rich guys do these types of things for an ego boost. But this guy was clearly moved to tears; you could feel it.

I intend to be rich enough to do that someday. Very cool thing to do!

mbstude
01-20-2011, 11:19 PM
Do you think the seller has any regrets? Or the buyer, he was present and had the opportunity to view the car as did Frank.

I'm in sales, as long as the seller and buyer are satisfied......... it's a good deal.

Revel in Studebakers bringing top dollar compared to a Chevy of the same vintage, some here said that would never happen. ....... something just froze over other than the midwest.

Makes me want to drag my car to BJ next year, I would take the critique of those here for that FAT CASH! As would evryone else............

Joe, having read Frank and Denny's descriptions of the car, my first thought when I saw the '57 sell for $99K was "Darn, Joe Bacon's '56J must be worth $250!"

Your Hawk is one of the prettiest ones out there, and isn't very far from perfect. Will you have it in Springfield?

fstst56
01-21-2011, 08:24 AM
I have a '56 GH with a fresh O/H that I couldn't get $4,500.00 for just this past fall.
I think I'll just keep it now.

rusty nut garage
01-21-2011, 08:56 AM
I was at BJ on Wednesday. Sat down for lunch and visited with a guy that had recently bought and sold at BJ. He said by the time your done it will cost you 18%.
Russ

That is the chance you take when selling at a no reserve auction. I never thought buying a new car, storing it away for a number of years and expecting a healthy return on your money was a good investment idea. I also heard this afternoon that B-J commissions are now up to 10 and 12% up from 8 and 9%. No confirmation on that though.

PackardV8
01-21-2011, 10:42 AM
First, it is wonderful a '50s Stude sold for $99,000. Let's hope it went to a good Studebaker family who will join a local SDC chapter and get a good reception there and here.

However, let's not revise our retirement and travel plans based on all Studes having doubled in value overnight. Until we see lightening strike again, there is the probability the next one through, even though it might be one of several '57 GHs in better condition, might not bring nearly the same money.

When I read the auction reports in Classic Cars, Muscle Cars, Sports and Imports, Hemmings Motor News, there is always at least one, sometimes several cars being run through another major auction and bringing bids of many thousands, sometimes tens of thousands less than what the same car sold for at Scottsdale, Monterey, Miami or wherever.

Bottom line, for some of the bidders at BJ, it is like going to a Vegas casino weekend; they're just there to have fun. If you were the seller of the $99,000 '57 GH, that's what you were hoping would happen. If you are the next '57 GH consigner, putting your pride-and-joy in a no-reserve BJ auction, you might not be so fortunate. Caveat venditor is Latin for "let the seller beware". Seen it happen.

jack vines

jbwhttail
01-21-2011, 12:46 PM
Matt I know we are going to Springfield and will bring one of the two cars just haven't decided yet. Prep a car for weeks for concours or bring one to have fun with............. I'll deliver the 56(to springfield if someone wants to bring me 99K. Heck I'll even let them keep the 18% BJ gets......

E. Davis
01-21-2011, 12:48 PM
Well Frank, maybe not a 57 Golden Hawk but I have a 61-4speed-bucket seat Hawk that I could be forced to part with for 99 large and I think it might be in better shape than that 57 Golden Hawk. Hee Hee Hee.

41 Frank
01-21-2011, 01:38 PM
Some (extracurricular) fun of the 1/4 mile at a time variety are being worked on there Joe.

Matt I know we are going to Springfield and will bring one of the two cars just haven't decided yet. Prep a car for weeks for concours or bring one to have fun with............. I'll deliver the 56(to springfield if someone wants to bring me 99K. Heck I'll even let them keep the 18% BJ gets......

mbstude
01-21-2011, 01:41 PM
Some (extracurricular) fun of the 1/4 mile at a time variety are being worked on there Joe.

Looks like Joe's bringing the Lark. :cool:

41 Frank
01-21-2011, 01:41 PM
That certainly would be an interesting Hawk to put before the masses for bidding. Personally no reserve auctions scare me.


Well Frank, maybe not a 57 Golden Hawk but I have a 61-4speed-bucket seat Hawk that I could be forced to part with for 99 large and I think it might be in better shape than that 57 Golden Hawk. Hee Hee Hee.

warrlaw1
01-21-2011, 03:04 PM
A non-Stude police officer told me I was nuts for putting 50 large into a car that appraised in at 30. He said "I could buy a house for that!". Then I showed him the pictures. Now he wants one. To quote Victor Hugo: "Nothing is so powerful as an idea whose time has come".

57 Classic
01-21-2011, 03:23 PM
Saw all the Studebakers with Frank 41 and Green 53 (Frank and Denny) The red pick up was very nice and the engine compartment with the supercharger was great. That truck could have gone higher. When Frank and Denny and I looked at the Hawk we guessed that it would go for around 28,000. It needs a fair amount of work and would take quite a bit to get to be a first place car in SDC. When I saw the price today I immediately called Denny and just said Wow!!!! Now I wonder how much the 58 Packard will bring at the Silver Auction. It is great to see the Studes going for a price that was higher than many of the big three up to that point.

Studedude
01-21-2011, 03:26 PM
Thanks Dave

You get credit for an assist for that.:o

Bob
As always, I'm here ta hep ya. <G>

studegary
01-21-2011, 03:26 PM
All in price is listed as $108,900 so it did crack $100K when the dust settled.

.

$99,000 plus 10% buyer's premium equals $108,900.

Please refer to my post on the other thread/topic on the GH. I don't feel like inputting it again.

PlainBrownR2
01-21-2011, 03:58 PM
A little belated but, the commission, yeah the commission will push it over the 100k mark, but to echo what Andy said, it would have been neat to see it turn over to a nice, six digit, round number on television. It is a monumental number nonetheless though. ;)

Chris Pile
01-22-2011, 02:52 PM
Just my opinion, but anyone who would pay 100G's for a Hawk is NOT a Studebaker person.
Further to that, he didn't just volunteer to pay that much, so some other non-Studebaker person was bidding against him.

I spoke to Bill Jones (Midway member) who eyeballed the car at the auction, and he said it had bodywork issues and other problems. He figured $35,000 tops. He did not bid on it.

JDP
01-22-2011, 03:25 PM
And a lot fresher restoration. Kudos to the seller for ponying up the additional money for placement. The car even got an intro promo on air and was a fantasy bid car. The room was ready for a big car and sure enough one appeared.

JDP are you sure you didn't write the marketing plan for this one?

Nope, but there is one more down side to the auction. Everyone with a 3K, rust bucket barn car GH will now think they have at least a 30K car.

JDP
01-22-2011, 03:33 PM
Just my opinion, but anyone who would pay 100G's for a Hawk is NOT a Studebaker person.
Further to that, he didn't just volunteer to pay that much, so some other non-Studebaker person was bidding against him.

I spoke to Bill Jones (Midway member) who eyeballed the car at the auction, and he said it had bodywork issues and other problems. He figured $35,000 tops. He did not bid on it.


Back in the news group days when my high point 57 Golden Hawk sold for 25K, I was accused of rigging the bids by the CASO's since that too was a silly price at the time. From the description, my Hawk was a nicer example than the 100K job

JBOYLE
01-22-2011, 04:33 PM
The longer I watch B-J on TV, I find other cars I'd rather put $99K into...
The Cord sedan for $35k or the Auburn...or a few mid-year 'Vettes...in Marlborough Red to match my Avanti...