Market 177: 1600 Spider “precisely restored to correct factory standards”

Update 1/24/10 (2010/01/24 for you non-US based date readers): This car sold for $75,000 plus 10% buyers premium.  This is very strong money -above and beyond what anyone I have run into estimated.  Reminds me of the Triumph TR4 that sold at auction a few years ago for $100K.  As I mentioned below, there are people for whom this kind of money is lunch money, and they only want perfect cars.  I wonder if it would have even made a difference if it was a 1600 Veloce.  Maybe a little is my guess.

Giulia Spider 1600 10123*379814, 00112*12842. This Spider will be auctioned off by Gooding Company at their Scottdale Az. Auction happening Jan. 22nd and 23rd.  Description is rich with details and as I read it I imagine Allen De Cadenet reading it to me while powering around a circuit in it with is hair blowing around and the exhaust note just loud enough that he has to raise his voice.  Let’s have a look at this “precisely restored to correct factory standards” car.

So far so good, looking amazing in professionally photographed ripose.  Door and hood fit very well, trim is all symmetrical, shiny and to a matched standard with the red paint.  I never saw one at the dealer, but I’m willing to bet this is better than new.

Yes, as a matter of fact I did find this car on Anamera.  As good from the rear as the front.  Very saturated red in this picture.

All red lenses are refreshing to see on a car this nice.  Hard to find them in this good of condition.  Perfection abounds.

As it’s supposed to be.  Anyone see a fault here?  I’d have to see it in person to justify anything other than awe.

Yes, very nice indeed.  Even the gauges are amazing, rare for this gauge type.  This is one of the best fitting fully upholstered style dash tops I’ve seen.

Er, well, that’s not too bad really.  I would take a point off if the engine is painted (it really must be to have such an even appearance) but know the feeling when you’ve put so much into everything else and just can’t get the aluminum to look great.

If you have an interest in these keep an eye on this one.  Price is likely to be very strong considering the level finish and detailing.  There are a lot of wealthy folks who can drop $40K like I buy a cheeseburger and they are only interested in cars like this.

Here are all the 2009 Spider’s I wrote about -try and find a comp.

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9 thoughts on “Market 177: 1600 Spider “precisely restored to correct factory standards”

  1. The estimation for this neat little gem is $45000 to $65000. A “bit” more than you estimated, and even in this condition I think this quite a lot but not unusual.
    See also this Spider om Mobile.de from Switzerland
    Mobile.de

  2. I didn’t intend for $40K to be taken as a guess of the sale price -just an arbitrary big number a rich person would not miss.

    Maybe we have another Market Spider on Mobile.de? I’ll check it out.

    Do you need a T-shirt Joost? I have a couple of XL’s left.

    Matt

    • I don’t know what size you need. I was letting you know the sizes I had left.

      Ciao
      matt

      let me know when it’s t-shirt weather again.

  3. I have no idea what it would cost to restore a car like this in Europe, but bringing a car to this specific level-most certainly will cost around $40M plus. Albeit, $65M might seems high for some, it most certainly will not be the case for the right buyer. The good thing about auctions… it is the best way to weave out tire kickers. Whenever I decide to reduce my personal collection will be via a broker or an auction. I can see this car going for the mid $50’s plus

  4. I agree with Lionel’s numbers, most of the collector car hobby puts $40k into simple restorations all the time. As more 750 / 101’s are done nicely, they will appeal to the people who casually spend $100k.
    I like your De Cadenet reference Matt, believe I’ll go re-watch some Victory by Design.

    • What does a real DIY well done restoration cost? I guess I’ll know when the SS’s are done.

      Thanks for stopping by Brad,
      Matt

  5. Matt – In the sixties, I bought three 101 Spiders new. I can tell you that they weren’t this nice. The paint was always fantastic and all the parts were there, but a whole lot of adjusting, tightening, and alignment was always needed. And they dripped oil from the start
    The powder blue Spider (can’t remember the proper name for the color) that you featured a week or so ago is a total misrepresentation of the way they really looked when new. And with the dripping oil, the underside would never have stayed that way for long.

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