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01-30-2010, 10:41 AM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
CSX3021: Gooding Auction
Scottsdale, Friday, January 22 & Saturday, January 23, 2010, from the Gooding Co web site:
" Chassis No. CSX 3021, One Owner, Less than 3,900 Miles From New,1965 Shelby 427 S/C Cobra "
" Please note that this vehicle is titled as 1967 The First of 29 427 S/C Cobras Built by Shelby American "
Lot # 132 @ $1,028,500
http://www.goodingco.com/auction/ind...product&pid=26
Auction Results:
http://www.goodingco.com/auctions/results/scottsdale10/
Previous Thread:
First SC (CSX 3021) to be auctioned
__________________
2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
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01-30-2010, 11:11 AM
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CC Member
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Join Date: Apr 1999
Location: cleveland,
OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
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Not Ranked
Did the car sell or was it a no sell at $1,028,500 ?
Is that right that it sold 1 year ago for $3,500,000 ?
http://www.clubcobra.com/forums/show...light=csx+3021
If so, kind of a big loss.
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
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01-30-2010, 11:24 AM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
Gooding web site states:
" Unsold lots are not shown."
http://www.goodingco.com/auctions/results/scottsdale10/
I hesitated to post, but could not find any other info regarding sale/no sale & the price. Agree, does not seem reasonable ?
computerworks.....your thoughts ?
__________________
2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
Last edited by Don; 01-30-2010 at 11:27 AM..
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01-30-2010, 12:35 PM
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CC Member
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Join Date: May 2008
Location: San Jose CA,
CA
Cobra Make, Engine: SPF_R_/BRG/FRBoss302/327CI/FordEFI/Under_Car_Exh/
Posts: 2,523
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Not Ranked
Looks like it sold -- someone took a bath, but maybe they needed a write-off 
was smitten by this little beastie, but sadly my checkbook is a bit light.
http://www.goodingco.com/auction/product.g&c?pid=6
__________________
Steve SPF 2734 MK3 / Brock Coupe #54- panavia.com
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01-30-2010, 01:22 PM
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CC Member
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Join Date: Apr 1999
Location: cleveland,
OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
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Not Ranked
Quote:
Originally Posted by PANAVIA
Looks like it sold -- someone took a bath, but maybe they needed a write-off |
Whether it was a write off or not, they still took a good bath.
I'm guessing 2008, early 2009 may have been the best time to sell.
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
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01-31-2010, 01:16 PM
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CC Member
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Join Date: Apr 2003
Location: Vero Beach,
FL
Cobra Make, Engine: COX 6111 - '66 "AC 289 Sports."
Posts: 1,572
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Not Ranked
One must watch the details closely. The consignor of the car to the '10 Gooding auction was its original owner, Bill Turner. Given that fact, it would be tough to view the claimed sale last year at a price of $3.75 million as reality, yes?
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Ned Scudder
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01-31-2010, 04:22 PM
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CC Member
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Join Date: Apr 1999
Location: cleveland,
OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
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Not Ranked
Quote:
Originally Posted by Nedsel
One must watch the details closely. The consignor of the car to the '10 Gooding auction was its original owner, Bill Turner. Given that fact, it would be tough to view the claimed sale last year at a price of $3.75 million as reality, yes?
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yes.
So, I guess it was either a no sale, or Turner bought the car back, paying a commission at last years auction ?
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
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01-31-2010, 06:23 PM
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CC Member
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Join Date: Apr 2003
Location: Vero Beach,
FL
Cobra Make, Engine: COX 6111 - '66 "AC 289 Sports."
Posts: 1,572
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Not Ranked
If the bidding had actually reached anything close to $3.75m at last year's auction, Turner would have had no reason to buy it back; the car would have ben gladly sold. It found a new owner at this year's Gooding sale.
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Ned Scudder
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02-02-2010, 12:08 PM
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Senior Club Cobra Member
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Join Date: Mar 2001
Location: Northport,
NY
Cobra Make, Engine: Kirkham, KMP178 / '66 GT350H, 4-speed
Posts: 10,362
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Not Ranked
Quote:
Originally Posted by Nedsel
. The consignor of the car to the '10 Gooding auction was its original owner, Bill Turner.
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....................... |
02-02-2010, 12:58 PM
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CC Member
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Join Date: Jan 2001
Location: Cape Coral,
FL
Cobra Make, Engine: 2009 Solbra
Posts: 3,861
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Not Ranked
This cobra world is getting way to complicating for me how do you put your car up for sale at auction at a no reserve bid and wind up still being the owner and then a year ago we say here at clubcobra it went for 3.5M. Ron I remember sending you the info it was listed I think on Ebay with in a very short period of that 3.5M purchase. It has been on the cobra registry for awhile now listed for sale at 3.75M by Hollywood Investments of St Peterberg and yet you & Nedsel say Bill Turner was still the owner when it just sold again at auction for 1.2M. I must admit that a 2.3M lose is a hell of a beating but if it never went for 3.5M then Bill Turner made a killing. We have a local seller of a 17M dollar home that has been reduced to 13M with no takers and going at a no reserve auction soon so the owner can get rid of this home.
__________________
Dan Wulff
I carry a gun because a cop is too heavy.
(No doubt, most will blame it on the donuts.)
You're just jealous because the voices only talk to me
Earth is the insane asylum for the universe.
The gene pool could use a little chlorine.
The original point and click interface was a Smith & Wesson.
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02-02-2010, 11:50 AM
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CC Member
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Join Date: Jan 2001
Location: Cape Coral,
FL
Cobra Make, Engine: 2009 Solbra
Posts: 3,861
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Not Ranked
Nedsel,
I know what the posts say but what I question is since all Bills cars were auctioned at no reserve in January 2009 and we did have a discussion here at clubcobra about CSX3021 and it being sold at 3.5M, why do you think Bill still owns and never sold CSX3021 this past year and only did so this January of 2010
__________________
Dan Wulff
I carry a gun because a cop is too heavy.
(No doubt, most will blame it on the donuts.)
You're just jealous because the voices only talk to me
Earth is the insane asylum for the universe.
The gene pool could use a little chlorine.
The original point and click interface was a Smith & Wesson.
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02-03-2010, 02:41 AM
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CC Member
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Join Date: Jan 2001
Location: Cape Coral,
FL
Cobra Make, Engine: 2009 Solbra
Posts: 3,861
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Not Ranked
Ned,
Well, with that explanation you are right it is much easier to understand and I want to thank you for you’re in depth explanation. I always thought that CSX3021 had actually sold for 3.5M and never knew that the buyer had walked away.
__________________
Dan Wulff
I carry a gun because a cop is too heavy.
(No doubt, most will blame it on the donuts.)
You're just jealous because the voices only talk to me
Earth is the insane asylum for the universe.
The gene pool could use a little chlorine.
The original point and click interface was a Smith & Wesson.
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02-03-2010, 05:16 AM
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CC Member
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Join Date: Apr 1999
Location: cleveland,
OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
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Not Ranked
Yes, thank you Ned.
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
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02-03-2010, 06:05 AM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
Gooding confirmed the sales price and mentioned they do not release/publish the name of the seller or buyer
__________________
2014 Porsche Cayman S, 2014 M-B CLA 45 AMG,
Unkown:"Their sweet lines all but take my breath away, and I desire them as much for their beauty as for their use "
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02-03-2010, 04:47 PM
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CC Member
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Join Date: Apr 2003
Location: Vero Beach,
FL
Cobra Make, Engine: COX 6111 - '66 "AC 289 Sports."
Posts: 1,572
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Not Ranked
Please understand, I'm not saying that the foregoing is what DID happen; it's more an explanation for what COULD have happened. In any event, 3021 was not sold in 1/09 for $3.5 million.
__________________
Ned Scudder
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02-04-2010, 03:05 AM
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CC Member
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Join Date: Jan 2001
Location: Cape Coral,
FL
Cobra Make, Engine: 2009 Solbra
Posts: 3,861
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Not Ranked
Nedsel,
The part that really needed an explanation was the fact that a no reserve car that reached a bidding price of 3.5M in January of last year never left ownership of Bill Turner until this January and then sold for only 1M. This might give second thoughts to the other Gold Cobra as to whether pulling off the repaint piece by piece was worth all that hard work. This might also be the reason that with reserve the TURD reaching a bid price of over 1M was a resent no sale.
__________________
Dan Wulff
I carry a gun because a cop is too heavy.
(No doubt, most will blame it on the donuts.)
You're just jealous because the voices only talk to me
Earth is the insane asylum for the universe.
The gene pool could use a little chlorine.
The original point and click interface was a Smith & Wesson.
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02-04-2010, 08:18 AM
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CC Member
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Join Date: Oct 2004
Cobra Make, Engine: CSX2321
Posts: 1,368
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Not Ranked
Quote:
Originally Posted by CobraDan
Nedsel,
This might also be the reason that with reserve the TURD reaching a bid price of over 1M was a resent no sale.
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Dan,
CSX2196 did not sell because it did not reach its reserve price. What does that have to do with the sale of CSX3021? Isn't that apples and oranges? |
02-04-2010, 08:44 AM
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CC Member
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Join Date: Jan 2001
Location: Cape Coral,
FL
Cobra Make, Engine: 2009 Solbra
Posts: 3,861
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Not Ranked
A Snake,
No, what I’m saying is if we had all known that 3021 never sold for 3.5M that maybe a more realistic reserve (and I have no idea what the owner had set for his reserve)would have been set on the Turd. We use past sales to reflect on what a car might bring at auction now.
__________________
Dan Wulff
I carry a gun because a cop is too heavy.
(No doubt, most will blame it on the donuts.)
You're just jealous because the voices only talk to me
Earth is the insane asylum for the universe.
The gene pool could use a little chlorine.
The original point and click interface was a Smith & Wesson.
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02-04-2010, 09:04 AM
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CC Member
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Join Date: Oct 2004
Cobra Make, Engine: CSX2321
Posts: 1,368
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Not Ranked
Quote:
Originally Posted by CobraDan
A Snake,
No, what I’m saying is if we had all known that 3021 never sold for 3.5M that maybe a more realistic reserve (and I have no idea what the owner had set for his reserve)would have been set on the Turd. We use past sales to reflect on what a car might bring at auction now.
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The past sales history of similar cars does influence future sales but I don’t see the comparison of CSX2196 with CSX3021 (besides the last auction for CSX3021 was a year ago, sale or no sale). One might compare CSX3021 with the recent sale of CSX3006.
CSX2196 is unique and I would have a hard time comparing it with other Cobras. Thus, what is a realistic reserve for CSX2196? I think it comes down to a willing buyer and willing seller that agree to a price. As yet it appears that has not happened. |
02-04-2010, 11:24 AM
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CC Member
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Join Date: Jan 2001
Location: Cape Coral,
FL
Cobra Make, Engine: 2009 Solbra
Posts: 3,861
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Not Ranked
We all know this might not be the right time to get top dollar on any cobra but when as Ned said an SC got a bid of 3.5M a year ago and we had a 5M sale on the Super Cobra then one might believe a one only cobra like the Turd, is now worth what 10M at reserve. It’s not apples and oranges its worth, versus reality. I guess this is why most of us live in a Cobra replica world.
__________________
Dan Wulff
I carry a gun because a cop is too heavy.
(No doubt, most will blame it on the donuts.)
You're just jealous because the voices only talk to me
Earth is the insane asylum for the universe.
The gene pool could use a little chlorine.
The original point and click interface was a Smith & Wesson.
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