Two red Porsche 911s caught my eye in the catalogue for the upcoming Aguttes sale in Lyon, France on November 9th. Values for both models soared when the Porsche market exploded but, as Orwell said, some pigs are more equal than others. Their potential selling prices are poles apart.
1966 Porsche 911 2-litre
Estimated at €180-200,000, this Polo Red SWB Porsche 911 – chassis number 304392 – was supplied through Sweden in May 1966 to a racer from Trollhättan. Built with triple Weber carburettors instead of the usual Solex, it lived in Sweden right up to the turn of the century, until it turned up in Germany.
The car then sold to a museum in Austria and, when that closed, it passed through keepers in Switzerland and on to Normandy in France. By this stage it needed some money spent: the 2L market was buoyant in 2014 so it was fully repainted in the factory colour and restored to period spec.
Prettied up, it sold to another French collector and was sent to the racing mechanic, Pierre Modas, for an engine and transmission rebuild. Porsche dealers changed a few other bits and in total over €30,000 was spent on the mechanical restoration. The same work in the UK would probably cost a bit more, which perhaps suggests there was not much to do at the start or there may be a bit more to do now. Webers take less restoration than Solex, for sure.
The auctioneers claim this is an authentic example, but who can know without inspecting. A lot of 2-litres passed through various specialists while the market was freaking out and some work is better than others. The history is certainly interesting: particularly the Swedish angle.
1976 Porsche 911 Carrera 3.0 at auction
The other car in the catalogue that caught my eye was a 1976 Porsche 911 Carrera 3.0 Coupe. Estimated at €45-65,000, chassis number 9116600485 is a matching numbers example, first supplied by Dieteren in Belgium, that has been refinished in Guards Red/Indian Red from its original grey.
Restoration or replacement of bits including half-floors, front crossmember (likely front pan) and the bumper mounts suggest the car was used well from new, or perhaps even caught a bit of damage somewhere, so the speedo reading of fairly low kms for the year may not be verifiable.
It has also had a new fuel tank (pretty standard for impact bumper cars of this era) and the suspension, brakes and steering have apparently been refurbished. The gearbox is also said to have been overhauled, though there is no mention of the engine or K-Jet being stripped. The car comes with bills for over €40k and plenty of photos for bidders to check.
Owned by the current owner since 2010, this car was entered in the Hotel de Ventes sale at Monaco in July 2017 with an estimate of €60-80k at the time. It failed to sell for whatever reason and so returns to the sale rooms with a lower price tag attached. The drop of €15k on low estimate is where I see the market for a nice C3 right now: if I owned a car like this (assuming it is all as described) and if it didn’t fetch €45k, I would probably keep it. In a market as tough as this one has been through 2019, they could have done better pics to get interest going.
Porsche Colour Change vs Market Price
The factory colour is always what people get hooked on, but it is hard to say whether this 1976 Carrera 3.0 Coupe would offer a better sales prospect in original ‘grey’. Red is rare and looks good on early impact bumpers. The car also retains its original 5-bladed fan and has the 15″ Fuchs, which are more correct than 16s on a ’76. It’s starting pretty cheap for a C3 at €45k, so we’ll see how it goes on the day.
My interest in this one is obvious – the effect of colour change on a Carrera 3.0 Coupe. My ’76 C3 was repainted in Continental Orange from the original Copper Bronze Metallic and, while I like the colour a lot, it will have to be redone at some stage. The option to refinish in the original or something completely different will therefore be mine somewhere down the road and more information may help make a ‘better’ decision.
Prices only matter when you sell and that is not something on my radar right now. Never say never, though. The clock is ticking and my kids won’t want it.
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