All posts by Larry Edsall

A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the Web and becoming the author of more than 15 books. In addition to being Editorial Director at ClassicCars.com, Larry has written for The New York Times, writes a weekly automotive feature for The Detroit News and is an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State Univeristy.

Bookshelf: Yearbook reports on collector car market’s vitals

Auction yearbook: An annual report on marketplace health |Historica Selecta images
The annual report on marketplace health |Historica Selecta images

‘The health of the market should not be judged on values alone,” writes Peter Wallman, managing director of RM Sotheby’s Europe. Instead, he suggests, consider such things as “the aspiration to own collector cars.”

“Whether this is via the multitude of specialist rallies, Concours d’Elegance, historic race meetings, or even local Cars & Coffee events, the burgeoning lists of entrants and spectators at such events really should be factored in when analyzing the health of our industry, and by all accounts, it appears the appetite to enter into classic car ownership is very healthy.” Continue reading

Are women buying into the collector car hobby?

Of the more than 200 cars at Pebble Beach in August, four were entered as being solely owned by a woman| Larry Edsall photo
Of the more than 200 cars at Pebble Beach in August, four were entered as being solely owned by a woman| Larry Edsall photo

‘More women than ever join the classic car market,” the headline on the news release reported. “Numbers grow by 40 percent in the last two years.”

Forty percent growth in two years? How did we miss this surge?

Well, it turns out we did not. Continue reading

Record-setting 1958 Lotus Elite paces Silverstone sale

Restored 1958 Lotus Elite Series I going from auction block to British TV show | Silverstone Auctions photos
Restored 1958 Lotus Elite Series I going from auction block to British TV show | Silverstone Auctions photos

Silverstone Auctions’ recent two-day sale at the Classic Motor Show in Birmingham, England, posted an 80 percent sell-through rate and total sales of £5.8million ($7.2 million).

The star lot was a 1958 Lotus Elite Series I, which sold for a record price — £121,500 (nearly $152,000) — which was well beyond its pre-sale estimated value. The car will be featured on the British television program For the Love of Cars and had been restored by Ant Anstead, who was joined on the stage for the bidding by the Channel 4 television crew. Continue reading

Mecum’s Gone Farmin’ does $3 million at season finale sale

1922 Waterloo Boy N tractor tops sale at $55,000 | Mecum Auctions photos
1922 Waterloo Boy N tractor tops sale at $55,000 | Mecum Auctions photos

Nearly 2,000 people attended the Iowa Premier sale last week at the Mississippi Valley Fair Center in Davenport, where nearly 95 percent of the vintage tractors, signs, farm relics and toys offered by Gone Farmin’ division of Mecum Auctions sold for nearly $3 million. Continue reading

World’s earliest sports car, 1914 ‘Prince Henry,’ headed to auction

The 'Prince Henry' on the road somewhere in France | Bonhams photos
The ‘Prince Henry’ on the road somewhere in France | Bonhams photos

What is purported to be the world’s first sports car — the 1914 Vauxhall 24hp “Prince Henry” Sports Torpedo — will be offered for sale for the first time at Bonhams’ Bond Street auction, scheduled for December 4 in London.

Also on the docket for the auction will be a 1957 Mercedes-Benz 300 SL roadster, a two-owner 1963 Aston Martin DB5 and an all-original 1968 Maserati Mistral Spyder. Continue reading

German TV star curates three-sale series for Auctionata

Customized Mercury leadsled among offered in Auctionata's curated auction series | Auctionata photos
Customized Mercury leadsled among offered in Auctionata’s curated auction series | Auctionata photos

German online auction house Auctionata has recruited Lina van de Mars to curate three sales in November and early December.

The highly tattooed van de Mars is a rock-band drummer and German automotive television personality. She was working at an auto repair shop when she was discovered by what now is Germany’s Sport1 channel. In 2004, a show, Tuning TV, was built around her and two other women who worked on cars. Since then her star has risen. For the past two years, she has been the “car expert” at channel Sat1 and also hosts her own radio show, Mars, Cars, Stars. Continue reading

Bonhams lands California Spider for Scottsdale sale

The 11th of 54 such short-wheelbase cars joins the docket for Scottsdale in January | Bonhams photos
The 11th of 54 such short-wheelbase cars joins the docket for Scottsdale in January | Bonhams photos

Bonhams has announced that a 1960 Ferrari 250 GT short-wheelbase California Spider, one of the world’s most-valuable collector cars, will be available at its upcoming Arizona Auction, scheduled for January 19, 2017, at the Kierland Resort & Spa in Scottsdale.

Bonhams said the car is the 11th of only 54 such Pinin Farina-designed, Scaglietti-built roadsters. It notes the car, No. 2277 GT, was on display at the 1961 Brussels Motor Show in Belgium and, as documented by marque expert Marcel Massini, retains its original body and driveline and comes with its factory build sheets. Continue reading

Pick of the Day: 1970 AMC AMX

Pick of the Day is a 1970 AMC AMX with a 401 cid V8 and other performance modifications
Pick of the Day is a 1970 AMC AMX with a 401 cid V8 and other performance modifications

The private seller of Pick of the Day, this 1970 AMC AMX, says in an advertisement on ClassicCars.com that the goal of the build — a 10-year, spare-time project — “focused on reliability, low maintenance, and updated appearance. There are some performance mods, but my primary goal was an easy to drive, carefree AMX that turned heads.” Continue reading

Modern exotic muscle on Leake’s Dallas docket

Cars such as this 2012 McLaren MP4-12C should appeal to young, affluent collectors | Leake Auction photos
Cars such as this 2012 McLaren MP4-12C should appeal to young, affluent collectors | Leake Auction photos

The Dallas market gets its second collector car auction of the month when Leake Auction Company stages its annual Dallas Fall sale November 18-20 at Market Hall. It was just two weeks ago that Mecum Auctions held its annual event in Dallas.

“We do not feel that it hurts,” said Richard Sevenoaks, president of Leake Auction. “They bring awareness to the industry in a positive way — this helps everyone. Continue reading

First Ferrari 250 GTO to race being offered for sale

British newspaper reports asking price is $56 million for second 250 GTO built | Talacrest photos
British newspaper reports asking price is $56 million for second 250 GTO built | Talacrest photos

British collector car specialist Talacrest announced Thursday that is will be the agent for the sale of Ferrari 250 GTO No. 3387, which it says is the second 250 GTO produced, was used by the Ferrari factory for testing and development, and then was delivered to NART — the North American Racing Team — for which Phil Hill and Olivier Gendebien drove the car to second overall and first in class at the 12 Hours of Sebring in 1962. Continue reading