Equipment
RHD. 477/50 ALAM hp T-head 4-cylinder, 4-speed, Warner drum speedometer, folded trumpet bulb horn, Solar acetylene headlights, leather covered trunk behind the seats, single rear-mounted spare, body color wood spoke wheels, 36-inch Silvertown tires, Solar
Condition
#3 Good
Runs and drives well. Flaws not noticeable to passersby. Most common condition.
The F.C. Deemer "Honeymoon Roadster". Burned in a garage fire in 1908 and stored by the original owner and his sons until restoration by Walter Seeley in 1968 along with a 1908 Roadster. Bought by Dick Teague in 1971, then by William Haines in 1986. A quality recently freshened restoration showing its age but sound and presentable as is.1968 AACA National First Prize winner and looks about that old. Sound but cracked, shrinking and chipped old paint. Repaired old upholstery. Aging brass. Mechanical work at specialists Holman Engineering including gearbox and rear axle overhauls, new wheels and brake drums (old wheels included). A sound old restoration with recent servicing of a marvelous old car that's more than good enough to be toured with happiness and satisfaction.
Market commentary
Sold by RM at Meadow Brook in 2004 for $407,000, then by Bonhams at the Simeone Museum (where another American Underslung 50/60hp occupies pride of place just inside the entrance as the example of the first American sports car) for $1,430,000. Even with a faltering market for collector cars this American Underslung with its recent work is worth as much today as it was in Philadelphia a little over five years ago. It is magnificent.