Concorso Italiano/Russo and Steele

Great pictures, Thanks

I'm thinking my favorite is that green group 4 any more pictures of that one. Love those rivited on flares that is how they are suppose to be done.

That would be Rich Boschert's Pantera. It was one of the Lambo-babe's favorites last year too.

Was Pantera attendance up or down this year compared to last year. Last year was my first year attending and had a great time but I just had to cut back on spending money this year.

We had about 80 cars in 2006, 44 cars this year.

quote:

I'm thinking my favorite is that green group 4 any more pictures of that one. Love those rivited on flares that is how they are suppose to be done.

Really, those are GT5 flares.

Rich left off the running boards, and is not running the standard front spoiler either.

He is also in PCNC and I have always liked his car. Look is a bit different and just seems right.

Larry

What kind are these?

quote:

Originally posted by Mark Mensen:
What kind are these?

they are a copy of these beauties

Miles,

Russo & Steele results for the 2 Pantera's were the grabber blue '72 sold for $36K and the '74 Group 4 sold for $47K. Fall of hammer price with 6% buyers and seller commissions payable.

I was at R&S Saturday night and watched some 'no reserve' bargains pass the block, prices definitely seemed down generally. Personally I didn't like then venue, too small and cramped. I talked to some sellers who were disappointed and would be taking their cars to Scottsdale. R&M seemed to have a better set up across the street. I am waiting for their respective web sites to be updated with sales prices as it will be interesting to compare prices at the two venues.

RM auction results are up now.

The DeTomaso Montella concept car (aka Pantera II or 7x) sold for $99,000

quote:

The DeTomaso Montella concept car (aka Pantera II or 7x) sold for $99,000

I would have SO been on top of that - if I had any $$$$

That is more than I thought it would go for.

Larry

quote:

Originally posted by Joules5:
Miles,

Russo & Steele results for the 2 Pantera's were the grabber blue '72 sold for $36K and the '74 Group 4 sold for $47K. Fall of hammer price with 6% buyers and seller commissions payable.

I was at R&S Saturday night and watched some 'no reserve' bargains pass the block, prices definitely seemed down generally. Personally I didn't like then venue, too small and cramped. I talked to some sellers who were disappointed and would be taking their cars to Scottsdale. R&M seemed to have a better set up across the street. I am waiting for their respective web sites to be updated with sales prices as it will be interesting to compare prices at the two venues.

Julian
Thanks for the prices. I agree that R&M was the better setup but they were charging $40 just to get in. With all the cars running around last weekend I couldn't justify that expense. Especially when you could see almost all of them through the fences.

FYI,

The Group 4 that sold for $47K was probably bought by the owner.

He told me that morning he had received a very high private offer for his car, and if the auction didn't meet the private offer, he would bid on the car himself and sell it off auction to the fellow who had made the private offer.

If the owner was telling me the truth, it was an outrageous price he was offered.

cowboy from hell

George
Well that would make sense out of the conversation I overheard. When Kyle and I went back on Sat night to look at the cars again there was a guy talking to some other folks about it. He seems to know an awefull lot about this peticular car. That would be sensible if he was the owner.

quote:

The Group 4 that sold for $47K was probably bought by the owner.

That doesn't surprise me, in fact nothing surprises me in the 'UnderWorld' of Auctioneering.

There was an R&S guy on the floor that kept getting mystery cell phone calls when the biding was stalling for some cars. None of his clients ever came in with the high winning bid

If the Group 4 owner did buy back he had to spend at least $4,700 in commissions (4% seller commission for 'no reserve', 6% 'with rserve')to end up with his own car, so I guess it must have been some 'private offer'. I thought the car was executed reasonably well, but still needed further upgrades e.g. still had stock brakes.

In talking to a couple guys at the auction who seemed to know the circuit well the buy back game is more prevelant than I thought.

I was lucky and drove some cars up to auction for RM and had a chance to talk to the owner and drive the DeTomaso Montella concept. A cool car and reasonible price for a one of a kind.

I also talked with the owner of the group IV as he pulled it off the trailer. Same story, he wanted $99k and there was a strong offer off the auction, so if the bidding was soft he was going to buy it back and sell it on the side.