Derek,
Not a fair analysis since it's the provenience of the documented Factory
100M that commands that much money.
Even a BN1 converted by DHMC at Warwick to Le Mans specifications will not
bring nearly as much as a factory documented BN2 with exactly the same
modifications. Now that's what doesn't make any sense at all.
And of course a "Plain Jane" BN1/2 modified to Le Mans specs typically
brings slightly more money but not a lot more. That being said, it's
typically more than the cost of the mod, so it can be worth the investment.
Plus it's Monterey car week and an auction. This is the biggest and
richest classic car event in the world. This is why folks bring their car
their to sell... to hit a home run.
Finally buy a basket case 100M and it will cost you north of $50K and then
take it to any reputable restorer and have it restored to near Concours
standards and in the end you will have $200K or more invested
I go to both the Monterey, CA and the Scottsdale, AZ auctions every year
and have been doing so for a decade. There are plenty of $150 -$200K cars
that I wouldn't give you a plug nickel for, but others see their value and
collectability.
Cheers,
Curt
On Mon, Sep 30, 2013 at 10:26 AM, Derek <derek.c.job@gmail.com> wrote:
> About 130,000 dollars does seem rather a lot for a cold air box, louvred
> bonnet and high comp pistons
>
> Derek
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