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Equipment
Cold air box, chrome spoke Borranis, Blaupunkt multiband radio, electric fan, Marchal fog lights in grille, mesh-backed front fender vents, ignition switch moved to driveshaft tunnel-mounted box, modified BMW 507 hardtop long associated with this chassis.
Condition
Thankfully not yet modified to covered headlights. Represented to have its original engine. Restored in 2001, repainted in 2005 and 2013 in the original color and still has excellent paint, chrome and interior. It isn't as fresh underhood as the paint, but still very nice. Better than a "driver" but not a concours queen, either.
Market commentary
Bid to $8 million on the block and reported sold post-block for $8,500,000 all-in. It has a long auction history but this is far and away its most exceptional result. It crossed RM's auction block in New York in 2002 and at Amelia in 2003 and 2009, each time without selling, then sold at Villa d'Este in 2011 for 2,520,000 euros, $3,571,344 at the time and $2,799,720 at today's exchange rate. It seemed unduly optimistic when it left the block trailing an unaccepted $8 million bid, but didn't take long for RM to put this deal together.