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DATE CHANGE ! London Auction Oct 28th. AC 428.

Started by Classicus, September 23, 2009, 23:04:59

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Classicus

Date Change: London Auction Oct 28th AC 428, Aceca, 1913 Sociable.
   
   All without reserve.
   
   1973 AC 428 CF 66
   
   1956 AC Aceca Bristol Coupe
   
   1913 AC Sociable Runabout
   
   http://www.rmauctions.com/CarList.cfm?SaleCode=LF09
   
   http://www.rmauctions.com/EventInfo.cfm?SaleCode=LF09


shep

Hi Classicus,
   
   I have CF66 down as living in USA, but maybe my record is wrong or it has been repatriated. Thanks for the lead.
   
   Andy

Classicus

Pleasure [:)]
   
   Two more entries appeared as well making 5 in all. A CRS and the good old invalid car....definitely need another forum now.
   
   Paul [;)]

J Jones

Drum Brakes? Who wrote the description of the Frua? Were there ever 428's equipped with DRUM brakes?


Michael Trotter

I went to the RM auction at Battersea Park on 28 October. Hammer prices were:
   1956 Aceca Bristol Chassis BE571. Tidy but not outstanding £65,000
   1973 428 Chassis CF66 Fastback, auto. Reasonable white paint with some blemishes. The dreaded black underseal over all the lower parts of the body. Interior and under bonnet looked very tired. £100,000 (not a typo!)
   1966 Invalid car. £1,400
   1912 Delivery box van Chassis 1673. Immaculate £20,000
   1913 Sociable Chassis 1750. Immaculate £36,000
   1965 427 Competition Cobra. Chassis CSX 3006. Immaculate but not sold at £525,000.
   
   All except the Cobra were ex-John Moir in New Hampshire. According to the catalogue, they are were registered in USA and in London on temporary import bonds which must be cancelled either by exporting from UK or by paying import duty and applicable VAT. Plus of course buyer's premium of 10% + VAT thereon. That lot in total is + 38% on hammer price but I guess that a car such as the 428 on which UK purchase tax was originally paid would not be subject to VAT if kept in the UK. The total would then be +21.5% on hammer price.
   All of which introduces an unknown factor into interpreting auction prices but 100k for this 428 suggests they may be moving into new price territory.
   Michael

shep

Wow! That's a seriously good result. Mind you, from an original production of only 81 cars, built on a stretched 427 Cobra chassis, they have always been undervalued. With a little attention to detail, they are lovely to drive and can cruise at 120 mph with the engine barely breaking a sweat. It is great to see David Meynell's old car back in the UK again. Good luck to the new owner. Does anyone know who it is, for the register? Maybe give me a call.
   Andy.