First SC (CSX 3021) to be auctioned

[lovehamr]

Originally Posted by PANAVIA

The Ferrari girls get into this fight all the time

BaaaaaaaHaaaaaaaaa!!!!!!!!

[JBCOBRA]

AWESOME stuff guys!!!
I really appreciate it!
JB

[1985 CCX]

Results yet?
Anyone recording auction?

[1985 CCX]

http://www.ftlauderdaleauction.com/home.php

Can't seem to find results of the CSX3021 selling?

[computerworks]

Someone posted on saacforum.com that it went for $3 meg.

[A-Snake]

Originally Posted by computerworks

Someone posted on saacforum.com that it went for $3 meg.

CW,

3 meg?

You've been playing with computer too long

[elmariachi]

About 4 months ago while surfing Craigslist for a 427 block and misc junk I responded to an ad in Ft Myers about a Shelby aluminum block for sale. Spoke with the guy and he said he had #3021 in his garage, a gold Cobra. He told the story or wrecking it and said it sat in his garage for years with the dry-rotted tires. Said it was the lowest mileage original on the planet. Never got his name but I guess this was the same car/guy. Small world.

[CSX 4027]

The Original Hertz Gold paint was probably enamel. They used it on mustangs which were probably enamel also. The new paint was definately laquer which did not adhere to the enamel. There was no primer. The few bondo spots were from lean-on aluminum types of dents and parking lot dings. That's it. The bondo doesn't come off going to gold. Those will be the dust in area's. The obvious advantage about seeing a car like this is the absolute ability to see that it was never hit. The car was with a dealer at that time who needed to sell it so, he did a quickie to make it sale-able. I kept pounds of the chips in zip-locks which will go with the car wherever it ends up. Or actually could be a good Ebay item since a layer of the original gold is on the back side of the chips

[1985 CCX]

I can attest to Steve's depiction of the car! It was a painstaking/time consuming process that has really turned out fantastic!

[brettco]

So the last coat of 3047s paint will be new? Doesn't the orignal gold finish need what you say is stuck to the back of the paint chips? If the new car used enamel the coats of paint would melt together into one paint film. If it was lacquer and someone waited long enough between lacquer coats they could seperate. You say the quicky repaint didn't stick well but it pulled the gold with it? I guess if you want to call the original substrate the original paint that makes sense but 3047 would still need new topcoat color? This is all a play on words I guess. Good luck. Brett.

[DMXF]

Originally Posted by CSX 4027

The Original Hertz Gold paint was probably enamel

Steve - For what it's worth, based on old documents and conversations I've had with a couple of the original SA painters, my feel is that they probably used acrylic laquer on the SC cars. It was the new thing they had switched over to from the nitrocellulose lacquer that AC Cars had originally been using (they asked AC to change). There's probably a way to have a chip analyzed to verify, if you're so inclined.

[CSX 4027]

Brett, When the blue came off it took some gold yielding gold on the backside of the blue chip. The car still remains with a layer of gold. It just won't shine and has a sandy finish. The car looks like an old war horse which is really what it is and it is going to stay that way.
Mike, Remember Hertz gold wasn't really a COBRA color or a Ford color but used by Shel to paint the stripes on the Hertz Mustangs. Think cheap. So probably enamel. Whatever it was it was different than the blue laquer used by Carter because there was no permanent adhesion.

[DMXF]

Originally Posted by CSX 4027

Mike, Remember Hertz gold wasn't really a COBRA color or a Ford color but used by Shel to paint the stripes on the Hertz Mustangs. Think cheap. So probably enamel. Whatever it was it was different than the blue laquer used by Carter because there was no permanent adhesion.

Steve, SA was mixing their own paint, so I would think whether the color was standard Ford or not shouldn't have impacted the type of paint they would use......what mattered was what they were accustomed to using. SA seemed to think the acrylic lacquer minimized problems (ie, saved $) according to a '65 memo they sent AC. It would be interesting to know if there was any documentation on the type of paint they used for the Hertz Mustang stripes or the basic paint on those cars (if they painted them or just received them painted by Ford), as stripe material may not necessarily be appropriate for an entire car paint job.

[DMXF]

Originally Posted by CSX 4027

The Original Hertz Gold paint was probably enamel. They used it on mustangs which were probably enamel also.:

Steve - For what it's worth, I just ran across an old SA document in my files that calls out the GT350H gold stripes as being acrylic laquer.

[elmariachi]

Can we see some pics??

[What'saCobra?]

CSX 3021 went for 3.4M? Remarkable! Hope it is real.

Of course, we are all happy, correct? Well, i am reminded of the foolishness of the Ferrari market for a few years after Enzo went to that big Restaurante Cavalle Rampant in the sky. There were many sales and re-sales between dealers and near-dealers that purposely pumped-up retail prices.

When Ferrari prices ultimately fell back, many 3XX series owners were seriously disappointed in their "investments". Although the rarest cars did retain a larger share of their run-up in prices, it was hard to believe that investor-grade cars could be made out of production items of 7-12 thousand quantities. Ferrari 3XX cars remain wonderful street machines.

One data point does not describe a trend and as we have learned, not all trends are un-managed. But, it is pretty spectacular for an original well-documented street SC to sell at 3.4 large, even if it was mostly unused, re-painted in original gold, the first SC, etc.

Personally, i like it. But, i am obviously biased and not an un-interested by-stander (of a sort).

[A-Snake]

Originally Posted by What'saCobra?

CSX 3021 went for 3.4M? Remarkable! Hope it is real.

What'sa,

FWIW $3.5m + 8% = $3,780,000

[What'saCobra?]

Gulp! Simply awesome. i think i'm gonna' faint.

[PANAVIA]

i cant help but think i saved 3.74 mil on my spf.

Steve

[CobraDan]

I saw Bill Turner's Cobra at the Lakeland show in 2008 and he had a hand writen sign in front of his car that said:
CSX3021
1965 Shelby 427 Cobra SC was bought new from Shelby American in 1967 by Bill Turner, who still owns the car. The car has 3800 miles on it and is still sitting on the original tires since bought from Shelby. The car has been in storage since 1970. The 3021 has been completely restored by Gary Hunt of Naples, Fla. The paint job is by Roy Marti, also of Naples, Fla.