Yes I also agree that the buyer very likely got a car that he views as being a
good purchase and very likely was. When one adds up all the time it takes to
restore an Austin-Healey or pretty well any cars for that matter, the price he
paid is not too far from what he would have paid for a restoration where he
would have dropped off his own car to be done. Buying at an auction also cuts
the waiting time for the car to be completed.
Jean
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________________________________
From: Steven Kingsbury <airtightproductions at icloud.com>
Sent: Wednesday, April 18, 2018 12:13:56 AM
To: Jean Caron
Cc: healeys at autox.team.net
Subject: Re: [Healeys] Auction car
Thanks for the information and your take on the auction. I agree, the seller
must be very happy, the buyer will probably be happy also. I also agree B-J is
not the place to sell top notch cars, not that their cars are bad, they're not,
but they are not of the caliber featured at the auctions you speak of. I just
found this sale an interesting side bar in the saga of Austin Healeys and
auctions.
S
On Apr 17, 2018, at 05:57 PM, Jean Caron <vintage_roadster_restoration at
hotmail.com> wrote:
Steven,
You can go and look at several photos of the car on Barrett-Jackson?s website
as well as a description of the car. The description is very vague so that the
auctioneer avoids legal trouble, just in case. It claims to have been restored,
with no expenses spared, to Austin-Healey standards, not to Concours standards
as it is nowhere near current Concours standards.
I doubt very much that the car was purchased by someone that knew Austin-Healey
s very well, not to say that these individuals do not go to B-J to purchase an
A-H.
This car, from the photos shown, was build to excite the buyer that had rented
himself an arm candy for the weekend and to show her he had the means to afford
her and the car, for the weekend. As far as I am concerned if one wants to bid
on cars with provenance and a history, Barrett-Jackson is not the place for
that. Bonhams, RM/Sotheby?s and the likes are a far better option.
Barrett-Jackson will sell you golf carts to Hummers and everything in between
that has the word restomods in it.
The seller got an unbelievable price for this BJ8, no doubt about that. On the
surface the car presented very well but with pop rivets holding the shroud at
the trunk opening, where else did the seller cut corners? Ooops! That?s right,
restored at no expenses spared.........
Jean
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________________________________
From: Healeys <healeys-bounces at autox.team.net> on behalf of Steven Kingsbury
<airtightproductions at icloud.com>
Sent: Sunday, April 15, 2018 1:42:07 PM
Subject: [Healeys] Auction car
I see the list has been fairly quiet lately and thought I'd take the time to
see if anyone has any thoughts on the Barrett Jackson car auction. I saw the
car, a Golden Beige BJ8, go for $143,000. With a 10% premium tacked on to that,
a bit over $157,000! In the opinion of this group, was that just a case of
bidders getting in to a pissing contest, or, was the car worth it? (And of
course we don't know what condition the engines was in, was it a frame off,
etc.) So for the sake of conversation, let's say it had really good bones, no
rust and ran like a top. And was an original Golden Beige with red leather car.
Personally, I was glad to see it go for such a large price. Was it worth it?
In my opinion, yes, especially if the person buying it knows and loves A-H's.
If I had the money, would I pay that much? No. If I had that kind of money, I'd
buy a project and do most of the work myself.
Steven Kingsbury
BN1 #598 (currently on a boat)
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