Theseus’ Paradox – Rebodies, Replicas & Tampered Numbers; an Automotive Identity Crisis

November 16, 2016 · Posted in News · Comments Off on Theseus’ Paradox – Rebodies, Replicas & Tampered Numbers; an Automotive Identity Crisis 

Greek historian and writer, Plutarch posed a question, over two thousand years ago, that has continued to confound philosophers.  “If the ship on which Theseus sailed has been so heavily repaired and nearly every part replaced, is it still the same ship — and, if not, at what point did it stop being the same ship?”  This same question can be posed differently and more succinctly; if one has an ax and replaces the handle and the head does he still have the same ax

This parable clearly presents a paradox that we collectors, restorers and enthusiasts of vintage and antique vehicles can well relate to.  At what point do our “restorations” become replicas of what the original is thought to have looked like?

Let us look for a moment at a fairly straightforward restoration of an otherwise solid car.  If a few body panels are replaced and others repaired and the drivetrain and chassis is otherwise original I think we can all agree that we have simply restored or rehabilitated the car; the majority remaining untouched and original.

But take the situation where  you replace the body but not the frame.  What about the situation where the frame and the body have been replaced?  What about just the frame? Does the authenticity of the engine change your opinion?  At some point the original car ceases to exist; its identity is destroyed and the resultant vehicle is a replica of what the original may have looked like.  True, to even the trained eye, a complete replica may well be indistinguishable from the original but it is clearly not the original.

As illustrated above, Theseus’ paradox continues to confound us in our hobby.  Cars today are being restored using many reproduction parts and it is unfortunately not uncommon to find that many of the rare cars have had their bodies, frames or had major components such as engines, transmissions or interiors replaced.    Other concerns regarding rebodied vehicles can be found in the article Rebodied Cars … what to do?.

Additionally, the removal and replacement of VIN and serial numbers can create an equally sticky situation Many laws have been enacted to protect the integrity of the VIN.  Pursuant to 18 U.S.C. § 511, the alteration of a VIN, could be a federal criminal offense.  Further, pursuant to 18 U.S.C. § 2321 whoever buys, receives, possesses, or obtains control of, with intent to sell or otherwise dispose of, a motor vehicle or motor vehicle part, knowing that an identification number for such motor vehicle or part has been removed, obliterated, tampered with, or altered, could be fined or imprisoned for up to ten years.  Similarly, Pennsylvania’s statutes also address this matter.  Specifically, 18 Pa. C.S.A. § 7703 states that a person who alters, counterfeits, defaces, destroys, disguises, falsifies, forges, obliterates or removes a vehicle identification number with the intent to conceal or misrepresent the identity or prevent the identification of a motor vehicle or motor vehicle part commits a felony of the third degree and, upon conviction, shall be sentenced to imprisonment for not more than seven years or a fine of not more than $50,000, or both.  Further, and most concerning is that pursuant to 18 Pa. C.S.A. § 7704  any person who purchases, receives, disposes, sells, transfers or possesses a motor vehicle or motor vehicle part with knowledge that the vehicle identification number of the motor vehicle or motor vehicle part has been altered, counterfeited, defaced, destroyed, disguised, falsified, forged, obliterated or removed with the intent to conceal or misrepresent the identity or prevent the identification of a motor vehicle or motor vehicle part commits a felony of the third degree and, upon conviction, shall be sentenced to imprisonment for not more than seven years or a fine of not more than $50,000, or both.  Moreover consider, especially with the case of restamped engines that, in Pennsylvania, it is illegal knowingly buy, or sell an automotive part from which the manufacturer’s name plate, serial number or any other distinguishing number or identification mark has been removed, defaced, covered, altered or destroyed unless instructed or done by the manufacturer.  18 Pa.C.S.A. § 4104.

Often times Bryan W. Shook, Esquire, through his law firm Vintage Car Law, is contacted concerning misrepresentation of vehicles that have been rebodied or otherwise replicated to appear one way when they were not actually produced in that configuration.  There is well-settled Pennsylvania case law which holds that “the deliberate nondisclosure of a material fact is the same as culpable misrepresentation.  Even innocent misrepresentations are actionable if they relate to matters material to the transaction involved; while, if the misrepresentation is made knowingly … materiality is not a requisite to the action…. A misrepresentation is material when it is of such a character that if it had not been made, the agreement would not have been entered into.”  McClellan v. HMO of PA, 604 A.2d 1053, 1060 (citations omitted).

In closing, if the car has been substantially modified during the restoration (i.e. rebuilt using all non-original parts, a new body, frame, engine, etc. )this information must be disclosed prior to the sale of the vehicle to the new owner.  Failure to do so could create legal liability.  The use of half-truths and crafty expressions of terms could create even further liability.

Attorney Bryan W. Shook is not only a devoted automotive enthusiast, but is also an experience litigator who devotes a large portion of his law practice to helping other collectors and hobbyists understand today’s market and protect their automotive investments. Attorney Bryan W. Shook is a seasoned automotive collector and restorer and as such brings real world experience and firsthand knowledge to the table for his clients throughout the world. Although Bryan Shook is headquartered in  central Pennsylvania (close proximity to Carlisle and Hershey), Attorney Bryan Shook is available anywhere for consultation, advice, and information, most times, on as short as a day’s notice. If you’d like more information about this topic or would like to speak with Attorney Bryan W. Shook please email him at BShook@shooklegal or by phone at 717-884-9010.  More information can be found at Http://www.vintagecarlaw.com.

 

Insist upon viewing the dossier when considering an antique or collector car

April 16, 2014 · Posted in News · Comments Off on Insist upon viewing the dossier when considering an antique or collector car 

Importance of Pedigree, Provenance and Continuous History

In our previous article, The Economics of Car Valuations, we discussed some of the factors, generally, that drive the values of antique and collector vehicles. The present article highlights the importance of establishing, maintaining and proving the pedigree, provenance and continuous history of your collector car and assembling such in the vehicle’s dossier (i.e. file of records concerning the vehicle).

If you look at the cars that sell at the top of the market, they all have one thing in common; a noted history that is clear and transparent. In the collector car market, investors and hobbyists have a choice as to what car they buy. While it is true that they will usually buy the prettiest and most correct example that they can afford, they will also weigh the vehicle’s history. A vehicle’s history has always played a role in the value of the vehicle, but it has only been as of late that the vehicle’s history has played a tremendous role in the value of antique and collector vehicles.

If you are looking to purchase an antique car or expensive collector car insist on viewing the dossier which should include records, names of previous owners and services and restorations that the vehicle received.

If you are looking to sell your antique or collector car then it is incumbent upon you to document your vehicle and create the type of dossier of records that the buyers today are insisting upon.

What should be in the dossier?

At a minimum, the dossier should include a sheet of paper listing all of the important production notes and numbers of the vehicle. Ideally, there would be a binder or computer file containing photographs and narrative decoding of the various components and numbers on the vehicle. The file may also include pre-restoration photographs as well as restoration photographs and photographs of the vehicle with awards it has earned or notable places where it has been invited or displayed. Receipts and notes concerning the service performed on the vehicle should be included as should any affidavits of former owners.

The area in which most dossiers are deficient is with respect to historical documents, previous ownership and service records and notes. Attention to this subject is most important. Every vehicle has a story to tell, it is your job as the vehicle’s current custodian/caretaker to preserve that story for future generations. That is, in a sense what the dossier is, is it not?

Continuous History

The notion of Continuous History was first announced by Mr. Justice Otton in the case of Old Bentley Number One (Hubbard vs. Middlebridge Scimitar Ltd.) in the High Court of Justice – Queen’s Bench Division, Royal Courts of Justice, London in 1990. From that day forth in 1990, it became clear to everyone involved with Bentley Speed Sixes, in order for a car offered for sale to be described as a Speed Six, it was now essential that the vehicle be accompanied by a continuous history.

What is continuous history when it comes to antique and collector vehicles?

Continuous history is, according to the Courts in London, a full, unbroken and authentic set of documents which identify in a reliable manner who has owned the car, the uses that it has been put to and a description of its service history and any restoration, rebuilding or reconstruction work that the car has experienced throughout its life since originally leaving the factory.

The case of Brewer v. Mann ([2010] EWHC 2444 (QB)) demonstrated why continuous history documentation of a Bentley Speed Six is so important, however the importance was transportable to all other antique and collector cars. In Brewer v. Mann, the car had two significant features (or flaws) that made it essential for the description to be more detailed than simply stating that the car was a Speed Six car. These features (or flaws) were that the engine was not a Speed Six engine (i.e. non original engine) and the only surviving part of the original car was a small section of the chassis. There was also a lack of a continuous history for the years between 1930 and 1981 even though, during that period, the car had been completely reconstructed. Thus, there was no way that the car could be authenticated as a Speed Six or, indeed as a vintage Bentley.

In consequence, it was particularly important that the contractual description accurately described all the significant changes that occurred during the car’s lifetime and the seller found some way in which to authenticate those changes or stated in the description that they were not capable of being supported by a continuous history. The need for full documentary evidence of the relevant history of a Speed Six or any other collector vehicle is highlighted by the increased valuation placed upon the vehicle by auction goers and appraisers.

In sum, it is crucial that collector car owners establish dossiers for the cars they own and insist upon reviewing the dossier for cars that they are considering purchasing. Ultimately, the industry and all collectors should strive to have a documented continuous history for every collector car, no matter the importance or perceived value 0f that particular car.

Attorney Bryan W. Shook is not only a devoted automotive enthusiast, but is also an experience litigator who devotes a large portion of his law practice to helping other collectors and hobbyists understand today’s market and protect their automotive investments. Attorney Bryan W. Shook is a seasoned automotive collector and restorer and as such brings real world experience and firsthand knowledge to the table for his clients throughout the world. Although Bryan Shook is headquartered in Camp Hill, Pennsylvania (close proximity to Carlisle and Hershey), Attorney Bryan Shook is available anywhere for consultation, advice, and information, most times, on as short as a day’s notice. If you’d like more information about this topic or would like to speak with Attorney Bryan W. Shook please email him at BShook@shooklegal.com or by phone at 717-884-9010.  More information can be found at Http://www.vintagecarlaw.com.

Vehicle Identification Numbers

October 2, 2013 · Posted in News · Comments Off on Vehicle Identification Numbers 

Vehicle Identification Numbers

(What are they; where are they found and why are they important?)

 What is a Vehicle Identification Number?

A Vehicle Identification Number also commonly known by its acronym “VIN” is the unique identifying serial number of a motor vehicle.  Manufacturers of vehicle have assigned unique identifying numbers to their vehicles since the dawn of the automobiles however early forms of vehicle identification numbers were usually very short (three of four numbers) and usually found stamped in the engine block or on a small brass plate on the frame of body of the vehicle.  The process of identifying vehicles by their engine numbers started early on but a problem quickly arose when an engine had to be replaced.  This problem however was not rectified until approximately 1954.  Starting in approximately 1955 US auto manufacturers began using unique Vehicle Identification Numbers to uniquely identify all US built automobiles.  The compelling force behind this change in practice was a desire to work with law enforcement and state’s DMVs to reduce the amount and opportunity for VIN fraud and stolen vehicle trafficking.   Prior to 1954, vehicles were identified by body number, chassis number, serial number or engine number.  One can imagine how confusing this would have been and how great the potential for fraud would have been.

A VIN is the DNA of a vehicle, that is to say it is the unique identifier of every vehicle.  The VIN is the number by which s vehicle is registered and titled.  Decoding a VIN can tell you many things including when the vehicle was built, the model of the vehicle, the assembly plant and possibly even the original engine displacement.  Since a VIN plays such an important role in the identity of a vehicle, much fraud has arisen over the years surrounding VINs.

Where are VINs located and how can I tell if the VIN on my car is the correct VIN?

Since the beginnings of automotive production the engines, bodies and usually the frames of vehicles have been assigned identification numbers usually in a serialized fashion.  Beginning with the 1970 model year, nearly all vehicles produced for sale in the United States have had the VIN placed in at least three distinct locations.

  • Public VIN (since January 1, 1968 visible through the windshield)

In the United States, the National Traffic and Motor Vehicle Safety Act of 1966 (effective January 1, 1968) mandated certain safety requirements on vehicles to be sold in the USA such as side marker lights, safety belts and Vehicle Identification Numbers (VIN) visible on the dash through the windshield.  This is VIN location has come to be known as the “public VIN” and is probably the VIN that you are most familiar with.

  • Federal Motor Vehicle Safety Standards Certification Sticker (since August 31, 1969 found in the door jamb or on the door)

Starting with all vehicles manufactured after August 31, 1969, Federal Motor Vehicle Safety Standards (“FMVSS”) certification sticker was required to be affixed to the vehicle which also included the VIN of the vehicle.  Effective January 1, 1972, the sticker also had to include gross vehicle weight (“GVWR”) information on the certification label.  On Chevrolet models from the 1970s, this sticker is blue and is found on the driver’s door.

  • Hidden or Confidential VIN

VINs have been stamped into frames of vehicles for many years, however the process became more uniform starting approximately during the 1968 model year. The VIN was stamped into various metal objects on the vehicle, including the frame, the body, the engine, transmission and other places.  The VIN on the frame or the body became known as the Hidden VIN, the Confidential VIN or the Federal VIN.  This number is usually not a full, complete VIN but a derivative thereof.  The sequential production number of the hidden VIN should match the sequential production number (the last five or six digits) of the Public VIN and if the vehicle was produced after August 31, 1969, the FMVSS certification sticker.  The VIN on the engine and transmission would have also been a derivative of the VIN and it too should match the Public VIN provided that the engine and/or transmission is original.

Why are VINs so important?

A vehicle’s identification number is very important as it is the only unique identifier a vehicle possesses and accordingly its integrity and validity must be established and preserved.  This is especially true with collectible vehicles given their inherent and actual values.  When you look a vehicle for potential purchase, you must view the VIN in as many of the locations as you reasonable are able to view it.  Start with the public VIN and see if it is consistent with other examples of the year, make and model; ensure that it has not been tampered with or affixed in such a way as to make it not appear as original.  If the public VIN is missing, loose or appears tampered with in any way, contact a marque specialist and attempt to locate the hidden or confidential VIN for the vehicle to ensure the public VIN is the proper VIN.

What if the Confidential VIN and the Public VIN do not match?

If the confidential VIN and the public VIN do not match, you have a major problem which needs to be addressed professionally and legally.  In short, if the public and confidential VINs contradict one another, you have an unsalable vehicle with a title defect; specifically you have a vehicle which purports to have two identities.  Common reasons for the two not to match are that the vehicle itself is stolen or was stolen or salvaged in the past and another VIN (a good clean VIN) was affixed in the public location to make the vehicle appear as though it was “clean” when in reality it was not.  Another reason for the two VINs not to match is that the vehicle was rebuilt from several other vehicles.  If a vehicle has been rebuilt and bears two VINs that can be a problem as this is the usual excuse that is given when a vehicle has been “re-tagged” to disguise a title problem or a former theft; much scrutiny must be employed in this instance.   When the Confidential VIN and the Public VIN do not match it may also be an instance of a “rebody”.  A “rebody” is a vehicle which has had the body replaced and the VIN of the original vehicle affixed to the “donor” body.  The legal issues surrounding rebodied vehicles are explored in another article.

Many laws have been enacted to protect the integrity of the VIN.  Pursuant to 18 U.S.C. § 511, the alteration of a VIN, could be a federal criminal offense.  Further, pursuant to 18 U.S.C. § 2321 whoever buys, receives, possesses, or obtains control of, with intent to sell or otherwise dispose of, a motor vehicle or motor vehicle part, knowing that an identification number for such motor vehicle or part has been removed, obliterated, tampered with, or altered, could be fined or imprisoned for up to ten years.  Similarly, Pennsylvania’s statutes also address this matter.  Specifically, 18 P.S. § 1.4(a) states that a person who alters, counterfeits, defaces, destroys, disguises, falsifies, forges, obliterates or removes a vehicle identification number with the intent to conceal or misrepresent the identity or prevent the identification of a motor vehicle or motor vehicle part commits a felony of the third degree and, upon conviction, shall be sentenced to imprisonment for not more than seven years or a fine of not more than $50,000.  Further, and most concerning is that pursuant to 18 P.S. § 1.4(b) any person who purchases, receives, disposes, sells, transfers or possesses a motor vehicle or motor vehicle part with knowledge that the vehicle identification number of the motor vehicle or motor vehicle part has been altered, counterfeited, defaced, destroyed, disguised, falsified, forged, obliterated or removed with the intent to conceal or misrepresent the identity or prevent the identification of a motor vehicle or motor vehicle part commits a felony of the third degree and, upon conviction, shall be sentenced to imprisonment for not more than seven years or a fine of not more than $50,000, or both.

In laymen’s terms the VIN of a vehicle must be preserved and protected and if you are in possession of a vehicle with a VIN or VIN tag or VIN plate which has been altered, removed and replaced or otherwise tampered with you could face serious civil and criminal offenses.  The best advice is to contact an attorney at once who can analyze your situation and assist you with identifying your legal options.

Attorney Bryan W. Shook is not only a devoted automotive enthusiast, but is also an experience litigator who devotes a large portion of his law practice to helping other collectors and hobbyists understand today’s market and protect their automotive investments. Attorney Bryan W. Shook is a seasoned automotive collector and restorer and as such brings real world experience and firsthand knowledge to the table for his clients throughout the world. Although Bryan Shook is headquartered in  central Pennsylvania (close proximity to Carlisle and Hershey), Attorney Bryan Shook is available anywhere for consultation, advice, and information, most times, on as short as a day’s notice. If you’d like more information about this topic or would like to speak with Attorney Bryan W. Shook please email him at BShook@shooklegal or by phone at 717-884-9010.  More information can be found at Http://www.vintagecarlaw.com.

Rebodied Cars … what to do …

June 29, 2012 · Posted in News · Comments Off on Rebodied Cars … what to do … 

Rebodies:
What’s the big deal???

(By: Bryan W. Shook, Esquire)

BShook@shooklegal.com

717-884-9010

I’ve been getting quite a few calls lately seeking information on re-bodied vehicles.  The term “rebody” is a term of art used throughout our hobby to denote a vehicle whose original factory body has been replaced with another “donor” body.  The donor body is then given the original body’s VIN, serial number, data card, trim tag, cowl tag, etc. and then usually and most unfortunately sold to an unsuspecting buyer as the original, real deal automobile.  This problem is complicated when the rebodied car is an “air car” which did not exist prior to the rebody.  Specifically what happens is someone dreams up a car or has the paperwork from a desirable car and makes it from “thin air” using the donor body as the starting point.  All of a sudden, the car has pedigree, provenance and history if the builder can dream up a good enough story.  This is problematic as you can plainly see.

There are several legal issues when it comes to a rebodied automobile.  The most important issue is whether or not the rebody was disclosed to you when you purchased the vehicle.  If the rebody was not disclosed to you how can it be said you negotiated with the seller on equal footing.  Another issue comes from the fact that rarely are rebodys done properly.  Were the police notified of the body replacement as required under some state laws?  Did the seller give you two Certificates of Titles?  (Remember the best bodies come from good cars and in today’s day and age, good cars get restored … was the body stolen and the subject vehicle the product of a “chop shop”)  Did the seller give you photographs of the original body to evidence the condition of the original body?  Do you have confirmation that the original body has been destroyed? (This is usually where the State Police come in as this is where the stories start about two cars registered under the same VIN)

Without the safeguards outlined above, you can never been shore that the vehicle you purchased truly belongs to you.  Under the law you would have a breach of the warranty of title claim if any third party were to ever come after you claiming you own the body to their car.  The problem is  that if you know the car has been rebodied and you can’t provide the above information to a new purchaser you could be just as liable as the seller who sold the car to you should you not disclose what you know to a prospective purchaser.

If you have a rebodied car or think you do, this is a serious matter.  Rebodied cars can be nearly unsaleable and always have questions.  There was way to rectify the situation and there are ways to unwind the transaction which unknowingly left you with the rebody.  In any event, please call me and we can discuss your options and to what extent your car may have been rebodied.

Attorney Bryan W. Shook is not only a devoted automotive enthusiast, but is also an experience litigator who devotes a large portion of his law practice to helping other collectors and hobbyists understand today’s market and protect their automotive investments. Attorney Bryan W. Shook is a seasoned automotive collector and restorer and as such brings real world experience and firsthand knowledge to the table for his clients throughout the world. Although Bryan Shook is headquartered in Camp Hill, Pennsylvania (close proximity to Carlisle and Hershey), Attorney Bryan Shook is available anywhere for consultation, advice, and information, most times, on as short as a day’s notice. If you’d like more information about this topic or would like to speak with Attorney Bryan W. Shook please email him at bshook@shooklegal.com or by phone at 717-884-9010.  More information can be found at Http://www.vintagecarlaw.com.

Bid with Knowledge; Buy with Confidence – Vintage Car Law

United States Congress sets National Collector Car Appreciation Day as July 9, 2010

May 8, 2010 · Posted in News · Comments Off on United States Congress sets National Collector Car Appreciation Day as July 9, 2010 

NATIONAL COLLECTOR CAR APPRECIATION DAY

By: Bryan W. Shook, Esquire

Email: bshook@shooklegal.com

May 4, 2010 – At the persuasion of the SEMA Action network with assistance from automotive restoration manufacturers association (ARMO), the United States Senate approved Senate Resolution 213 on May 4, 2010.   The Resolution sets National Collector Car Appreciation Day as July 9, 2010.  Local, regional and national events to celebrate the newly enacted appreciation day are being developed across the country.  This marks a large step forward in collector car hobby. 

The resolution, which can be viewed online at http://thomas.loc.gov/cgi-bin/query/z?c111:S.RES.513: states that:

 

Designating July 9, 2010, as `Collector Car Appreciation Day’ and recognizing that the collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.

Whereas many people in the United States maintain classic automobiles as a pastime and do so with great passion and as a means of individual expression;

Whereas the Senate recognizes the effect that the more than 100-year history of the automobile has had on the economic progress of the Nation and supports wholeheartedly all activities involved in the restoration and exhibition of classic automobiles;

Whereas collection, restoration, and preservation of automobiles is an activity shared across generations and across all segments of society;

Whereas thousands of local car clubs and related businesses have been instrumental in preserving a historic part of the heritage of this Nation by encouraging the restoration and exhibition of such vintage works of art;

Whereas automotive restoration provides well-paying, high-skilled jobs for people in all 50 States; and

Whereas automobiles have provided the inspiration for music, photography, cinema, fashion, and other artistic pursuits that have become part of the popular culture of the United States: Now therefore, be it

Resolved, That the Senate–

(1) designates July 9, 2010, as `Collector Car Appreciation Day’;

(2) recognizes that the collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States;

(3) encourages the Department of Education, the Department of Transportation, and other Federal agencies to support events and commemorations of `Collector Car Appreciation Day’, including exhibitions and educational and cultural activities for young people; and

(4) encourages the people of the United States to engage in events and commemorations of `Collector Car Appreciation Day’ that create opportunities for collector car owners to educate young people on the importance of preserving the cultural heritage of the United States, including through the collection and restoration of collector cars.

Attorney Bryan W. Shook is not only a devoted automotive enthusiast, but is also an experience litigator who devotes a large portion of his law practice to helping collectors and hobbyists understand today’s market. Attorney Bryan Shook is available throughout the United States for consultation, advice, and information. If you’d like more information about this topic or would like to speak with Attorney Bryan W. Shook please email him at BShook@shooklegal.com

Bid with Knowledge; Buy with Confidence – Vintage Car Law

Mid Atlantic Regional NCRS Meet – Gettysburg, PA – May 6-9-2010

April 27, 2010 · Posted in News · Comments Off on Mid Atlantic Regional NCRS Meet – Gettysburg, PA – May 6-9-2010 

NCRS REGIONAL MEET IN GETTYSBURG, PENNSYLVANIA SCHEDULED FOR MAY 6-8, 2010

By: Bryan W. Shook, Esquire

Email: bshook@shooklegal.com

 

Call all Corvette enthusiasts, after a long winter’s wait, the Mid-Atlantic Chapter of the National Corvette Restorers Society is hosting the Gettysburg Regional NCRS Meet on May 6-8, 2010.  This is a can’t miss event for East Coast Corvette Enthusiasts.

Several special vehicles are scheduled to be on display including a low mileage, all original, Polo Green, 1994 Chevrolet Corvette ZR1 formerly of the Chip Miller Collection.  The car’s current owner, Andrew Saft of Harrisburg, is proud to offer this important ZR1 for flight judging.  Corvettes released from the prized Chip Miller Collection have been known throughout the hobby for years for their quality, provenance and pedigree.  This NCRS appearance represents a coming out of sorts for the current Saft Collection ZR1.  While ANY ZR1 is exciting both to see and drive, this particular all original ZR1 is sure to please the spectators and enthusiasts that get an opportunity to view it at the 2010 Mid-Atlantic Regional Meet next week.

 The NCRS flight process is not a process to be taken lightly, only the best cars are awarded flight awards and any owner who leaves Gettysburg with such an award has surely added much deserved province to his or her beloved Corvette.  Best of Luck!

Attorney Bryan W. Shook is not only a devoted automotive enthusiast, but is also an experience litigator who devotes a large portion of his law practice to helping other collectors and hobbyists understand today’s market.  Attorney Bryan Shook is available throughout the United States for consultation, advice, and information. If you’d like more information about this topic or would like to speak with Attorney Bryan W. Shook please email him at BShook@shooklegal.com.

 

NCRS # 51181

 

Bid with knowledge. Buy with confidence. – Vintage Car Law

Estate Sale of Important Cars Nets Nearly $500,000.00

April 27, 2010 · Posted in News · Comments Off on Estate Sale of Important Cars Nets Nearly $500,000.00 

30+ Antique Cars Sell for $494,400.00 at Rural

 

Pennsylvania Sale

 

By: Bryan W. Shook, Esquire

Email: bshook@shooklegal.com 

Estate Sale – Allen Shaffer, Esquire

April 24, 2010 – Millersburg, Pennsylvania

 

Allen Shaffer, a well respected local attorney recently passed away and this past Saturday the majority of his car collection came to sale.  Over thirty lots were offered with no reserve, no bidder registration charges and with no buyers premium.

 

By the mid afternoon, all of the vehicles had been sold and the proceeds realized were just about $500,000.00 from the sale of the vehicles.

 

Here are the results along with the comments of Bryan W. Shook who personally attended the sale.

 

Year

Make

Model/Type

Comments

Price

1931

Ford

Model T – 5 -Window Coupe

 

$19,000.00

1981

Delorean

   

$20,000.00

1923

Buick

Touring

bad water pump – lower hose disconnected & pump corroded

$18,000.00

1949

Studebaker

Commander convertible

Nicely Restored

$25,000.00

1917

Maxwell

Touring

Restored 10yrs ago – didn’t run at time of sale

$17,000.00

1925

Nash

2dr Sedan

Nicely Restored

$11,000.00

1915

Ford

Model T

 

$13,000.00

1925

Nash

Touring

Great Condition, very nice car

$20,000.00

1913

Buick

Touring

No Title – Yet

$28,000.00

1929

Lincoln

7 Passenger Phaeton

$65,000.00

1910

Buick

Run-a-bout Roadster

 

$20,000.00

1908

International

High-Wheeler

Nice Original – found in barn in New Bloomfield, Perry County, Pa in mid 1940s

$19,000.00

1953

Ford

F100

Titled as 1954 – OHV I6

$15,500.00

1906

Cadillac

Tulip Roadster

 

$54,000.00

1954

Ford

Crestline 4dr

Needed work & carpeting

$8,000.00

1917

Studebaker

Touring

Nice older restoration

$23,500.00

1962

Studebaker

Lark convertible

 

$7,500.00

1927

Ford

Coupe

 

$8,000.00

1972

Chevrolet

Impala convertible

Shoddy Repaint – overspray evident, poorly masked

$9,000.00

1918

Stanley

Steamer Touring

 

$46,000.00

1976

Lincoln

Continental

 

$1,600.00

1922

Dodge

Touring

3 owners from new, had side window curtains – very nice potential

$9,000.00

1976

Buick

LeSabre

 

$1,300.00

1922

Whippet

4dr sedan

 

$9,000.00

1999

Ford

F150 pickup truck

6cyl 4wd

$8,000.00

1951

Kaiser

4dr sedan

No Title

$5,000.00

1965

Chevrolet

Corvair

Possible missing VIN Plate??? Total Mess

$1,800.00

1951

Henry J

Corsair Deluxe

Cooling Issue

$8,500.00

1969

AMC

Rebel SST 4dr Sedan

6cyl – Very Nice Original

$1,200.00

1958

Mercedes

190D – 4dr

Project car with good parts, some trim, but hood wouldn’t open

$500.00

1991

Yugo

 

“Needs Fuel Pump”

$2,000.00

 

                                                                                                                                Total Sales:         $494,400.00                                                                                                      

 

       

As one can surmise from the results listed above, the sales prices were fairly reflective of the market today.   While the auction was largely under promoted, collectors, brokers and dealers showed up from several states including, Ohio, New York, Connecticut, Maryland and New Jersey to bid on and buy cars and automobilia from this great collection.

Most of the cars in the collection were operational and nearly all of them presented very well.  The cars purchased from this collection are sure to be coveted pieces in future collections.  While higher prices may have been realized had an auction house such as Carlisle Auctions, RM Auctions, Bonhams or Goodling offered the vehicles, this sale proves that not all collections must be sold through a large auction venue to achieve market value results.

Attorney Bryan W. Shook is not only a devoted automotive enthusiast, but is also an experience litigator who devotes a large portion of his law practice to helping other collectors and hobbyists understand today’s market.  Attorney Bryan Shook is available throughout the United States for consultation, advice, and information. If you’d like more information or would like to speak with Attorney Bryan W. Shook please email him at BShook@shooklegal.com.

Bid with knowledge. Buy with confidence. – Vintage Car Law