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Post Info TOPIC: 1959 Peerless for Sale via Auction in California


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1959 Peerless for Sale via Auction in California


This one will come available June 5-7 in Newport Beach.

http://p9tre.emv3.com/HM?b=BUmVIyUh1DqFqpb9RB0rpxw7x_IJyPlvvjNchx0MO0op5xv7O1lkHIVqQpIthusR&c=yUwHGxkQh8e9VroYzuqGFg

 

Dean



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59' Peerless #213, 61' Warwick GT, 60' Healey BN7, 70' Lotus Europa, 88' M5...



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Is there a pool yet to see how much it goes for???

Kent

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Kent Too much iron, too little time


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That appears to be same car that has been been for sale at Hyman Ltd. in Saint Louis forever for almost $50,000.  I think was was also at action some time ago and didn't sell.  



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yea looks like it, the one with the brown carpet fitted around the spare wheel? I cant find any other reference to it on the auction site or am I being thick....

 

 

Still, asking to much money in the past me thinks..............



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I have tried several ways to get in and look at more photos with no luck. There is no online catalog. 



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It looks like their web site was confused.  This is a better link directly to the Peerless.

https://russoandsteele.com/vehicle-details/?show_vehicle=113572&current_index=47&total_results=91&auction_pk=151&=&caryear=&search_text=&page=featured

VIN is called out as GT200172

I am thinking about heading down there to check it out.

Dean

 



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59' Peerless #213, 61' Warwick GT, 60' Healey BN7, 70' Lotus Europa, 88' M5...



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'Ground up' resto didn't extend to fitting the correct rear lights, I see.

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Or correct headlight rims...



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and surely the front badge could have been mounted centrally... And no boot latch or license plate light?

I'm pretty sure it is the one that was for sale at Hyman's - those rear lights look familiar to me too

dave

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Dave GT2 



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it does have a rear number plate light, its french'd in above the plate. the rear lights are TR4 and I'm lovin the front strut brace...blings the thing



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Errr is it just me or are those fins size large?

I know the lights are small but even so...

 

No Jon those fins are closer...

 



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It was a no sale with a high bid of $31,000. 

I did get to drive it for a short distance as they were staging the cars, but not at speed.  Met up with an interested buyer after the car crossed the block.  Hopefully it will sell and stay local to SoCal.  He seemed interested in addressing the non-original item.

Dean



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59' Peerless #213, 61' Warwick GT, 60' Healey BN7, 70' Lotus Europa, 88' M5...



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still movin and shakin then Dean, thanks for the report back. Was $31,000 realistic in your opinion?



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It is hard to tell what the right value is for the car, but I agree with the seller that it was not high enough.  It is a very solid car.  Doors didn't wiggle and it drove nicely.

The Peerless did get some active bidding, but this was hardly the right venue to sell a limited production European GT coupe, nor do I know if any of the bidders understood what was "correct" and what needed correction, and frankly at this auction it probably didn't matter.  Hot rods and 911s attracted attention.

A better venue is Monterey in August, but the little items on the car would have to be put right to satisfy those pickier but well funded buyers.  Maybe the potential buyers here were trying to leave room in their budget to make corrections and flip the car.  That seems to be the trend these days...  No real owners, no real enthusiasts, just investors and collectors that talk about the value of their assets - boring.



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59' Peerless #213, 61' Warwick GT, 60' Healey BN7, 70' Lotus Europa, 88' M5...

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