Equipment
2,996/240hp, fuel injection, 4-speed, body color Rudge centerlock wheels, Avon tires, hinged steering wheel, red fitted luggage, full belly pans. Plaid cloth seat inserts, with leather inserts included.
Condition
Represented as the matching numbers engine. Restored like new at RM a while ago and little if any used since. Very good paint, chrome and upholstery.
Market commentary
The "Corley Gullwing", which was owned by the same family from new to 2006. This car provides a snapshot of Gullwing value history. It sold before restoration at Barrett-Jackson in 2006 for $372,600. After restoration RM sold it at Monterey in 2011 for $836,000, then by Gooding at Scottsdale in 2014 for $1,402,500. It crossed Mecum’s auction block at Monterey in 2015 where it was bid to $1,450,000, then sold by RM at Monterey last August for $1,572,500. Its just over $2 million all-in price here is a tribute to the restoration’s quality, preservation and thoughtful choice of the Rudge wheels, red plaid seat inserts and fitted luggage even though the successful hammer bid is $350,000 under the pre-sale low estimate.