01-20-2011, 10:18 PM
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CC Member
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Join Date: Nov 1999
Location: Sunnyvale,
CA
Cobra Make, Engine: Early Contemporary 427SC w/ '66 427s.o. (car built in '79) by Snow White Rods (Fresno, CA); XKE Series II front/rear suspension (AMP lower A-arms/half shafts), CWI rebuilt IRS, 4-spd Toploader, PS Engineering knock-off rims.
Posts: 102
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Not Ranked
Quote:
Originally Posted by BBQCYCLEWERKES
Agree, BJ becoming more a event to be seen at that anything else. Way too much Hollywood going on there. The cars don't seem to have the quality as they once did. I think Russo and Steele have the better cars this year. Not too many Cobras at either auction though. Probably 6 to 8 at each auction. Most are CSX models but found 1 guy who had a CR cobra. Said he thinks it will sell for $80,000 to $120,000. It did have a FE 427 in it. Couldn't tell if it was a top or side oiler though. I didn't want to tell the guy his sale price estimation was high, just wished him luck in the auction. I'll have to keep an eye on thisw one to see what it seels for. I can't see it going for more the $50,000, but I hope I'm wrong.
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I was at Russo and Steele today to check out what cars were available. Were you referring to a yellow Cobra that had 4-5 trophies sitting on the passenger seat? The car is a Mid-States Cobra replica - I spoke to the owner briefly - he mentioned the same pricing estimate ($80-120K).
He was selling the car to start work on another Cobra. I stuck around to see what this puppy would end at.
Initial bidding started at $70k, but went backwards until $20k; a few seconds later it went up to $45K-$52k and figured it would not go up any further. There was a reserve that the owner wanted to get - $62k.
Final bidding price was...$70K - SSSooolllddd!!
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George 
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