Friday, October 06, 2006

Auction Weekend!

This weekend I am at the 11th Annual Mecum High Performance Auction in St. Charles, IL. Mecum Collector Car Auctioneers are a 20+ year old company that has been selling muscle cars since the beginning, unlike most other auction companies (I'm looking at you Barrett-Jackson). Mecum's auctions are run in a very traditional fashion, there is no circus (again, BJ), pandering to the cameras (you know who you are, Kruse), and lower commissions (unlike bigger houses like Christie's).

The no nonsense productions has its pluses and minuses, however:

Plus:
  • Straightforward auction, no games
  • Focus is on the cars, not the media circus or spectacle of it all
  • Simple commission structure compounded by low commissions
  • Wide selection (750+) cars
Minus:
  • Not as exciting to watch for spectators
  • No available online or phone bidding
  • Minimal catalog information
  • Buyer beware: Owner's provide most of the vehicle information, so do your research before coming!
In all honesty, I have only really been to one other auction like this, Kruse's Auburn auction over Labor Day weekend. Most of the auctions I have been to have been conducted in traditional British fashion, with a slow talking, but quick-witted British auctioneer and formal, subdued bidding. Mecum's auction is a more American auction, with a fast-talking auctioneer and ringmen (people who watch for and communicate directly with bidders and alert the auctioneer to bids) who scream up bids. Formal coverage will come of the auction as soon as I can upload the pictures on my own computer.

Thursday, October 05, 2006

Automotive Irony, Ford's Gift to Israel: 1950 Lincoln Cosmopolitan Limousine

Automotive history is littered with ironies. The close connections between automotive personalities, cars, and governments have created a number of these ironic twists. A quick example: Communist leaders Leonid Brezhnev of the Soviet Union and Chairman Mao Tse-Tung of the People's Republic of China both rode around in the most expensive car in the world (at the time), a Mercedes Benz Pullman 600 Limousine (more pictures here).

Another wonderful irony is relationship between Henry Ford II, Ford Motor Company, and the State of Israel. Ford Motor Company had a tumultuous relationship with the Jewish people as a result of its founder, Henry Ford. While Ford (the man) was an amazing innovator, businessman, and entrepreneur, he was also an out-spoken anti-Semite (tying in closely with his anti-immigration views). Ford expressed his views in his newspaper, The Dearborn Independent. In his most infamous anti-Semitic action, Ford published The International Jew, a series of article published from May to October of 1920 supported the Protocol of the Elders of Zion and created a Jewish conspiracy theory in some groups.

Henry Ford's grandson, Henry Ford II was not of the same mind set, however. When Israel was founded on May 15, 1948, Henry II was quick to support the fledgling state. In 1949, Ford attended a luncheon for American businessmen and philanthropists with Israel's first President, Dr. Chaim Weizmann, in New York City. After the meal, Ford personally donated $50,000 to the United Jewish Appeal. Ford further extended his helping hand to the new Jewish State by offering liberal terms to new truck buyers in Israel. His help was recognized by Israel's ambassador to the United states, Eliahu Elath, who singled out the Ford Motor Company in a 1950 speech as "the first to provide help" to the young nation.

As part of this assistance, Ford also donated a very unique 1950 Lincoln Cosmopolitan Limousine. The car was based on a regular Cosmopolitan sedan, but it was heavily modified with a slew of luxury features. Designed as a presidential limo for US President Harry S. Truman, the Cosmopolitan Limousine included many artful touches such as gold plating, reading lights, and letter desks. Advanced electronics were also employed, providing such features as a two way intercom between the passengers and driver, and full power windows, all of which could be controlled from the President's seat. Only 18 were built, 9 of them went to the White House, 8 of them went around the United States to places Truman frequented, and one of them was specially shipped to Israel to be presented as a gift to Dr. Weizmann.

A detailed history on the car with pictures of the vehicle before, during, and after its restoration can be found in the most recent issue of RM Magazine (on page 34) or by clicking the title link to this post.

The car is now on display at the Weizmann Institute of Science in Rehovot, Israel (near Tel Aviv). I recently saw the car there this summer, and it is really a spectacular car. It was the second time I had seen the car (first time was at the 2001 Pebble Beach Concours), and it was impressive both times.

Monday, October 02, 2006

Driving old cars on the road today: My experience driving a 1947 Packard Limo for the weekend

Driving, probably more than any other activity, brings out some of the most interesting things in people. Some of the most docile people are reckless drivers, and vice versa. People often pay little attention to the world around them and car little for the cars around them. When you're driving a modern car, this fact can be more of a nuisance than a danger. The same cannot be said for when you're driving an old car.

I recently borrowed a friend's 1947 Packard Deluxe Eight Custom Limousine to pick my mom and her fiance up from O'Hare Airport in as sort of a surprise. Before picking them up, however, I spent part of the prior day tooling around in the car to get acquainted with it. Some things I should note before continuing:
  • Unloaded, the car weighs in at 4920 lbs.
  • The wheelbase is 148", which for comparison purposes, is a little over 5" longer than a Mini Cooper (not the wheelbase of the Mini, the whole car).
  • Overall length is somewhere around 20'.
  • The car is powered by a 5.8L, flathead I8 producing 165 hp funneled through a 3 speed, manual transmission.
  • The car has no power steering or power brakes. Come to think of it, the only thing with 'power' are the rear wheels.
  • The car was custom fabricated by Professional Car builder Henney Motor Company off of a standard Packard Clipper sedan.
  • The specific vehicle I was driving was largely original and unrestored, but in good condition nonetheless (better than this car at least)
    As you can imagine, steering a 5000 lb. car with no power steering requires a bit of arm strength and stopping it with no power brakes (and drum brakes at that) requires a good bit of advanced planning.

    What I find most interesting is how people react to the car. Some people honk, wave, or flash you a big thumbs up. Others might take a good look at the car as they drive by or glance at it quickly at a light. Many more don't even seem to notice the car, despite the fact that it is as big as a Ford Expedition and sticks out like a sore thumb.

    The biggest problem with driving an old car on the road today though is that, like I said earlier, many drivers don't really consider the world around them. This presents a problem for someone like me when I am driving a car that takes 400 feet to stop from 50 mph and accelerates as quickly as you might imagine a 5000 lb car with 165 hp would accelerate (which is to say not very quickly). Many drivers would cut me off or swerve around me at a stoplight to accelerate up to the next red light. More than a few times, drivers refused to give me any sort of sympathy when merging, which is complicated by the fact the sideview mirrors are 3" in diameter and pretty much useless. People just don't consider the limitations imposed by a 59 year old car compared to their much newer car.

    Despite this, it was still a lot of fun to drive, and my friend Jay Leno agrees with me (see the last three paragraphs). It was loads of fun making people smile, especially at the airport. Even though it was 9 AM on a Sunday, the people there were pleasantly surprised, not the least of whom were my mom and her fiance. I look forward to tooling around in many more old cars in the future. And if you see one drive by in the Chicago area with a young guy and a mop of hair on his head driving it, be sure to wave since it might be me!

    Sunday, October 01, 2006

    Charting a car through time: 1929/30 Stutz Model M Supercharged Coupe by Lancefield

    The often heard phrase, 'if only these walls could talk' is readily applicable to cars as well. Every vehicle has a story to tell, a history to ravel in, and a tale to regale. One car that has a very exciting recent history is the 1929 (and sometimes 1930) Stutz Model M Supercharged Coupe with coachwork by Lancefield. The early history of this car is a little fuzzy, but the most exciting part is the recent history of the vehicle.

    The car is unique for a few reasons. First, it is a supercharged car, on of two supercharged Model M's, with the blower placed prominently in the front of the car, just below the grill (similar to a "Blower" Bentley 4 1/2). Second, the car was built by an American company, Stutz, but bodied by an English one, Lancefield, and represents one of the few examples of a Lancefield body on something other than a Rolls Royce. Finally, the history of the car is intriguing and adds some value to it.

    The car's original purchaser is unknown, but what is known is that the car was documented in a November 1929 article of Autocar magazine. The car later found its way to the United States where it became part of the collection of one A.K. Miller, a reclusive Vermont farmer who amassed one of the most impressive and neglected collections of Stutz cars in the world. Mr. Miller kept the cars unseen for decades, until his death in 1996 (he died when he fell of the ladder of a Stutz firetruck that he was using to change a barn window) prompted a Christie's auction of the estate to pay for the back taxes he owed the IRS.

    At that auction, the car featured here sold in 'barn find' condition for $135,000 (its the fourth car fromt he bottom). After a comprehensive restoration was completed and a Pebble Beach class win, the car once again went up on the block in New York on Sept 23, 2000 at an RM Auction, this time selling for $348,800 to racecar driver and race driving school pioneer, Skip Barber. As the Sports Car Market profile I have linked to details, there was cause to believe the car would continue to increase in value even then. Skip refined the restoration and entered the car in the Peking to Paris Rally and took Best of Show at the Greenwich Concours in 2006. The most recent chapter in the car's history was its sale this past August by RM Auctions at the Meadow Brook Hall Concours. Spirited bidding carried the price of the car up to a $715,000! The car is now in the always growing O'Quinn Collection in Houston, TX and will no doubt continue to appreciate in value.

    For comparison purposes, check out the profile on this 1932 Stuts SV-16 Derham Convertible. The prefx on the chassis number is 'MB,' denoting that this is a Model M like the car featured. Notice the price. This might give you an idea of the value collectors hold for unique styling, interesting history, and grand rarity.

    Note: The year confusion is due to the fact the car was built and delivered in 1929, but titled as a 1930 model.

    For a detailed history of the car and some more pictures, see the RM Auction Profile (second from the top, lot 251).