[DeTomaso] Hammer Price Portfolio Report - Sunday, November 24, 2019

Mon Nov 25 14:00:36 EST 2019

Just a bit of history behind these two GT5s, for those interested in the importation of De Tomaso cars into the U.S.A. in the 1980s:

Both of these cars were originally sold when new through Guy Anderson, who was a distributor of De Tomasos in the USA in the early 1980s. His company was called Exotic Car Store and was located in Smyrna, Georgia. Belgian De Tomaso distributor Claude Dubois used Guy as his U.S. importer/distributor for many cars until they had a parting of the ways. Claude’s arrangement was for Guy to modify the cars to comply with U.S. regulatory requirements, but Claude had to stop dealing with Guy when he discovered that Guy had not been respecting that agreement. Claude then switched, with the backing of De Tomaso, from Guy to George Stauffer as his U.S. distributor (Stauffer Classics of Blue Mounds, Wisconsin).

Claude’s company was called Special Automotive Marketing, and it operated from 1969 to 1986.

As for, #9385 was sold in 1984 by Claude Dubois through Guy Anderson to Barry Mandell of Smyrna, Georgia. Anderson later reacquired it at some point and, as Julian has noted, Guy's estate eventually sold it for $75k USD this past May at a Mecum auction in Indianapolis.

#9200, with the red white and blue BMW style paint job, was also originally sold by Claude Dubois. Claude's records show he sold it to someone named Boghemans through a distributor named RMC, but Guy claims it was bought through him by a Lamar Cheatham in 1983 (and that Guy then bought it back from Cheatham in 2009).  Obviously there is a discrepancy here, but the auctioneer in 2019 claimed the car came with documentation that proved Claude sold it through Guy. I reached out to Guy a couple of times some years ago to try to get more information but he was not cooperative. I believe Guy passed away in 2018, so that avenue of inquiry is now closed, but I plan to reach out to Claude to try to confirm what really happened.

As Julian has reported below, Guy’s estate sold #9200 for $41,000 at the same May 2019 Mecum auction as #9385.

- Peter

------

Message: 6
Date: Mon, 25 Nov 2019 02:06:49 +0000
From: Julian Kift <julian_kift at hotmail.com <mailto:julian_kift at hotmail.com>>
To: De Tomaso Forum <detomaso at server.detomasolist.com <mailto:detomaso at server.detomasolist.com>>, Mike Drew
	<MikeLDrew at aol.com <mailto:MikeLDrew at aol.com>>
Subject: Re: [DeTomaso] Fwd: Hammer Price Portfolio Report - Sunday,
	November 24, 2019
Message-ID:
	<BYAPR08MB611870909560DDB91856A0E4954A0 at BYAPR08MB6118.namprd08.prod.outlook.com <mailto:BYAPR08MB611870909560DDB91856A0E4954A0 at BYAPR08MB6118.namprd08.prod.outlook.com>>

Content-Type: text/plain; charset="windows-1252"

Sold at Mecum Indy for $82,500 (the other GT5 with white BMWesque paint scheme was the real bargain at $45,100), so with buyers shipping costs and potential sale fees, the new seller certainly didn't stand to make a killing.

Julian

> ----Original Message-----
> From: DeTomaso [mailto:detomaso-bounces at server.detomasolist.com <mailto:detomaso-bounces at server.detomasolist.com>] On Behalf Of Mike Drew via DeTomaso
> Sent: Sunday, November 24, 2019 14:32 PM
> To: De Tomaso Forum
> Subject: [DeTomaso] Fwd: Hammer Price Portfolio Report - Sunday, November 24, 2019
> 
> All,
> 
> A Pantera GT5 which sold CHEAP at auction in the USA just a few months ago crossed the block in Riyadh at Saudi Arabia?s first-ever collector car auction. 
> 
> https://worldwideauctioneers.com/car-details/ <https://worldwideauctioneers.com/car-details/>
> 
> It bid up to $120k which is much, much more than it sold for a few months ago, but was a no-sale. 
> 
> The seller should have taken the money and run....he will be hard-pressed to match that elsewhere, plus will incur more costs in doing so.
> 
> Mike
> 
> Sent from my iPad
> 
> Begin forwarded message:
> 
>> From: info at hammerpricelive.com <mailto:info at hammerpricelive.com>
>> Date: November 24, 2019 at 00:02:15 CST
>> To: MikeLDrew at aol.com <mailto:MikeLDrew at aol.com>
>> Subject: Hammer Price Portfolio Report - Sunday, November 24, 2019
>> 
>> 
>> 
>> Portfolio Report    Sunday, November 24, 2019
>> Pantera
>> 1.    
>> 1985 DeTomaso    HIGH BID    $120,000 USD
>> Pantera GT5    EST. PRICE    $0-$0 USD
>> EXTERIOR    Yellow
>> WORLDWIDE AUCTIONEERS
>> INTERIOR    Black
>> Lot 58    Riyadh
>> CHASSIS N?    874LTHPNCD09358
>> November 23, 2019    12:12PM (EST)
>> De Tomaso
>> 1.    
>> 1985 DeTomaso    HIGH BID    $120,000 USD
>> Pantera GT5    EST. PRICE    $0-$0 USD
>> EXTERIOR    Yellow
>> WORLDWIDE AUCTIONEERS
>> INTERIOR    Black
>> Lot 58    Riyadh
>> CHASSIS N?    874LTHPNCD09358
>> November 23, 2019    12:12PM (EST)
>> Too much mail? Adjust your Hammer Price notification preferences in the app using Settings.
>> ? 2019 Live Auction Results, LLC

> 
-------------- next part --------------
   Just a bit of history behind these two GT5s, for those interested in
   the importation of De Tomaso cars into the U.S.A. in the 1980s:

   Both of these cars were originally sold when new through Guy Anderson,
   who was a distributor of De Tomasos in the USA in the early 1980s. His
   company was called Exotic Car Store and was located in Smyrna, Georgia.
   Belgian De Tomaso distributor Claude Dubois used Guy as his U.S.
   importer/distributor for many cars until they had a parting of the
   ways. Claude's arrangement was for Guy to modify the cars to comply
   with U.S. regulatory requirements, but Claude had to stop dealing with
   Guy when he discovered that Guy had not been respecting that agreement.
   Claude then switched, with the backing of De Tomaso, from Guy to George
   Stauffer as his U.S. distributor (Stauffer Classics of Blue Mounds,
   Wisconsin).

   Claude's company was called Special Automotive Marketing, and it
   operated from 1969 to 1986.

   As for, #9385 was sold in 1984 by Claude Dubois through Guy Anderson to
   Barry Mandell of Smyrna, Georgia. Anderson later reacquired it at some
   point and, as Julian has noted, Guy's estate eventually sold it for
   $75k USD this past May at a Mecum auction in Indianapolis.

   #9200, with the red white and blue BMW style paint job, was also
   originally sold by Claude Dubois. Claude's records show he sold it to
   someone named Boghemans through a distributor named RMC, but Guy claims
   it was bought through him by a Lamar Cheatham in 1983 (and that Guy
   then bought it back from Cheatham in 2009).  Obviously there is a
   discrepancy here, but the auctioneer in 2019 claimed the car came with
   documentation that proved Claude sold it through Guy. I reached out to
   Guy a couple of times some years ago to try to get more information but
   he was not cooperative. I believe Guy passed away in 2018, so that
   avenue of inquiry is now closed, but I plan to reach out to Claude to
   try to confirm what really happened.

   As Julian has reported below, Guy's estate sold #9200 for $41,000 at
   the same May 2019 Mecum auction as #9385.

   - Peter

   ------

   Message: 6
   Date: Mon, 25 Nov 2019 02:06:49 +0000
   From: Julian Kift <[1]julian_kift at hotmail.com>
   To: De Tomaso Forum <[2]detomaso at server.detomasolist.com>, Mike Drew
   <[3]MikeLDrew at aol.com>
   Subject: Re: [DeTomaso] Fwd: Hammer Price Portfolio Report - Sunday,
   November 24, 2019
   Message-ID:
   <[4]BYAPR08MB611870909560DDB91856A0E4954A0 at BYAPR08MB6118.namprd08.prod.
   outlook.com>
   Content-Type: text/plain; charset="windows-1252"
   Sold at Mecum Indy for $82,500 (the other GT5 with white BMWesque paint
   scheme was the real bargain at $45,100), so with buyers shipping costs
   and potential sale fees, the new seller certainly didn't stand to make
   a killing.
   Julian

     ----Original Message-----
     From: DeTomaso [[5]mailto:detomaso-bounces at server.detomasolist.com]
     On Behalf Of Mike Drew via DeTomaso
     Sent: Sunday, November 24, 2019 14:32 PM
     To: De Tomaso Forum
     Subject: [DeTomaso] Fwd: Hammer Price Portfolio Report - Sunday,
     November 24, 2019
     All,
     A Pantera GT5 which sold CHEAP at auction in the USA just a few
     months ago crossed the block in Riyadh at Saudi Arabia?s first-ever
     collector car auction.
     [6]https://worldwideauctioneers.com/car-details/
     It bid up to $120k which is much, much more than it sold for a few
     months ago, but was a no-sale.
     The seller should have taken the money and run....he will be
     hard-pressed to match that elsewhere, plus will incur more costs in
     doing so.
     Mike
     Sent from my iPad
     Begin forwarded message:

     From: [7]info at hammerpricelive.com
     Date: November 24, 2019 at 00:02:15 CST
     To: [8]MikeLDrew at aol.com
     Subject: Hammer Price Portfolio Report - Sunday, November 24, 2019
     Portfolio Report    Sunday, November 24, 2019
     Pantera
     1.
     1985 DeTomaso    HIGH BID    $120,000 USD
     Pantera GT5    EST. PRICE    $0-$0 USD
     EXTERIOR    Yellow
     WORLDWIDE AUCTIONEERS
     INTERIOR    Black
     Lot 58    Riyadh
     CHASSIS N?    874LTHPNCD09358
     November 23, 2019    12:12PM (EST)
     De Tomaso
     1.
     1985 DeTomaso    HIGH BID    $120,000 USD
     Pantera GT5    EST. PRICE    $0-$0 USD
     EXTERIOR    Yellow
     WORLDWIDE AUCTIONEERS
     INTERIOR    Black
     Lot 58    Riyadh
     CHASSIS N?    874LTHPNCD09358
     November 23, 2019    12:12PM (EST)
     Too much mail? Adjust your Hammer Price notification preferences in
     the app using Settings.
     ? 2019 Live Auction Results, LLC

References

   1. mailto:julian_kift at hotmail.com
   2. mailto:detomaso at server.detomasolist.com
   3. mailto:MikeLDrew at aol.com
   4. mailto:BYAPR08MB611870909560DDB91856A0E4954A0 at BYAPR08MB6118.namprd08.prod.outlook.com
   5. mailto:detomaso-bounces at server.detomasolist.com
   6. https://worldwideauctioneers.com/car-details/
   7. mailto:info at hammerpricelive.com
   8. mailto:MikeLDrew at aol.com