AC Owners Club Forum
AC Owners Club Forum => Cobra (Thames Ditton) Forum => Topic started by: aaron on April 28, 2014, 18:37:49
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This car was cut up to repair CSX2142
So I wonder how much this replica will go for at auction ?
Privateer-entry AC Cobra an early addition to Artcurial's Le Mans Classic auction
12 April 2014
Artcurial has announced the fitting inclusion of a 1964 AC Cobra 289 – the very car in which a pair of gentlemen racers campaigned the entire 1964 Le Mans 24 Hours – in its sale at the Le Mans Classic, taking place in July 2014…
In the mid-60s, there were plenty of amateur racers competing in the Le Mans 24 Hours – and two such individuals with the means to do so were Count Jean de Mortemart (descended from a noble line of French aristocrats) and Régis Fraissinet (the heir to a dynasty of industrialists). In search of a respite from the monotony of everyday life, the duo bought a 1964 AC Cobra 289 – chassis #COX6010 – and steered it to an 18th place finish. “There are those who like to play tennis and those who prefer golf,” proclaimed Fraissinet. “I play tennis and golf but, most of all, I prefer to race cars…”
The plucky privateers’ Cobra is an early entry in Artcurial’s sale at the Le Mans Classic, taking place 4-6 July 2014. Its estimate has not yet been revealed.
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The history is convoluted. In 65 Jean de Mortemart sold the damaged 6010 to Jean Marie Vincent who used its physical remains to repair 2142 and its paperwork (carte gris) to get road registration for 2001, his other Cobra, which he had imported with a view to entering the 64 Le Mans. When it arrived by air the formalities were abbreviated, so 2001 was nor road legal until it 'became' 6010.
2001 was '6010' for twenty years, but reverted to its original identity in 85, when the '6010' identity was transferred to a new Cobra replica constructed that year using a David Sanderson chassis and Angliss body.
It will be interesting to see how much of this historical record will be in the Artcurial catalogue.
RS
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A To Whom It May Concern report dated today explains why COX6010 is classified as a Replica constructed in the mid 80s. Artcurial and other interested parties have copies.
If anyone would like this report (2 pages plus 6 pages of attachments) please email me.
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quote:
Originally posted by rstainer
A To Whom It May Concern report dated today explains why COX6010 is classified as a Replica constructed in the mid 80s. Artcurial and other interested parties have copies.
If anyone would like this report (2 pages plus 6 pages of attachments) please email me.
Have they now changed the description of the car in the Auction advert ?
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Artcurial has the Register entry for COX6010, destroyed in 1965, and the replica appendix entry for the car built by Bernard Afchain in the 80s.
How Artcurial describes the car's origin will be revealed shortly when the auction catalogue is published.
This month's ACtion has a fuller account of the 6010's 65 demise and the later creation of a car bearing its identity.
RS
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The Artcurial catalogue is now published. The car is Lot 240 of:
www.artcurial.com/en/asp/fullCatalogue
Or:
http://www.artcurial.com/en/asp/fullCatalogue.asp?salelot=2535+++++240+&refno=10487929
I will comment on Monday.
RS
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What an interesting write up on the car in the auction description .
The estimate of 1 300 000 - 1 700 000 € for a car with a new chassis and body sounds very optomistic.
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The Artcurial catalogue wording implies that 6010 has continuous history as a vehicle.
The historical record demonstrates conclusively that it doesn’t: the car was destroyed in continuous history terms in 1965 (see register). No historian has been found who supports Artcurial’s catalogue account and steps that are better not disclosed are currently being taken.
RS
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The facts of the car offered by Artcurial are beyond dispute: 6010 was destroyed in 1965.
In the mid 80s another car was made (see Register):- The chassis and substructure were by David Sanderson
- The body was by Brian Angliss
- Material mechanical components are per the Artcurial catalogue
- Some minor items with the 6010 stamping were taken from CSX2142, where they had been for many years
- The 6010 footbox i/d tag (the chassis plate) was taken from CSX2001, where it had been for many years
The ACOC classifies this car as a Replica and the SAAC classifies it as an Air Car.
Artcurial has received proceedings in this matter. Anyone requiring further information should contact me.
RS
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"Some minor items with the 6010 stamping were taken from CSX2142"
"The 6010 footbox i/d tag (the chassis plate) was taken from CSX2001"
Maybe this is the reason they are advertising the car as they have on the website.
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The Artcurial Le Mans Classic auction catalogue is now available for download as a PDF: http://www.artcurial.com/pdf/2014/2535.pdf
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Artcurial are increasingly anxious to have the 6010 ACOC Cobra Register entry changed, but haven't provided any hitherto unknown information about the car.
Their argument, instead of dealing with the facts of 6010, relies on an obscure part of French law that neither I nor our legal advisers conclude can possibly apply.
Vive la différence!
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I think the word that applies in this situation is: obfuscate. Our european cousins, and especially auction houses, are past masters of the art. Great word, use it often and wisely... :)
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When it comes to "la difference" there are often huge differences between French Napoleonic law and our own so they may ( or may not) be correct? As the market ( and hence values) for all such cars is a global one ( as acknowledged by them when providing the details in English) there argument on this point is totally irrelevant.
It will be fascinating to see what the bidding goes to, assuming the lot is not withdrawn. I can only hope that anyone with sufficient funds to contemplate spending the sort of money that the estimate indicates will have sufficient sense to have done a reasonable amount of due diligence.
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And, a new owner will likely also have the funds to direct legal action towards the party who presented the erroneous and misleading data in their catalog. The registrars did their jobs, and anyone who willfully ignores the facts does so at their own risk, n'est-ce-pas?
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quote:
Originally posted by Cobra Ned
And, a new owner will likely also have the funds to direct legal action towards the party who presented the erroneous and misleading data in their catalog. The registrars did their jobs, and anyone who willfully ignores the facts does so at their own risk, n'est-ce-pas?
If a car has been crashed, rebuilt several times with non AC Components and is not listed as such in the Registry ,but has continuous history is the car classed as a replica ?
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All a matter of opinion, just as we all place our own valuations on a collectible asset accordingly. Legalities and Registers aside, the market will always decide the case in point, based on the facts. Legal definitions can be important but will rarely override the obvious when it comes to doing the deal and agreeing a fair price for the car.
Those of us not buying are nonetheless entertained.
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Stephen,
Your points are spot on. The definitions are not even 'legal' - they derive from leading practice in the Classic Car trade. In the UK the courts are extremely reluctant interfere with such leading practice - see, for example, Brewer vs Mann and Martin Emmison's Dual Identity article.
RS
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This car is recorded as selling at Euro 640,000, well south of its 1,300,000-1,700,000 estimate but well north of most replica prices.
RS
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Artcurial dress up their 'Best Ever Le Mans Classic' post-auction press release by an after-the-event subtraction of €1,700,000 from their lower and upper 6010 pre-sale estimates.
Creativity unrestrained? Or further obfuscation?
RS
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Their website results says €760,960 as does sports Car Digest.
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640,000 is hammer, 760,960 includes buyers commission & tax (TVA) I believe.
Does anyone know who bought the car?
RS
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New Year Quiz
The first authoritative namer of Artcurial's COX6010 mystery buyer will receive the Registrar's New Year Quiz prize, a bottle of celebratory non-replica Champagne.
This prize would not normally be open to insiders. However, in view of the surprising Paris auction room rumour that the car was sold to a US collector, I have decided to allow Artcurial personnel to enter this quiz subject only to the conditions that the buyer (a) is not Artcurial's COX6010 selling client and (b) has no prior relationship with him.
The closing date for enthusiastically awaited entries (by Forum please) is 31 March 2015.
RS
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Last Chance Saloon
Only two weeks left to claim your toothsome prize!
Entries below please.
RS
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The jungle drums are quiet on this one - I've not been informed, reliably or otherwise. No doubt it's tucked away in a nice warm bunker with all the others chunks of metal that never turn a wheel. Maybe it's that nice happy chap who seems to 'own' F1 (and came a poor 10th in the Andy Warhol look-alike contest)
And I was so looking forward to my Lidl-Krug... ;)
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Car is in the USA. Owner's name known to Cobra registrar.
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The Winner!
Ned wins the new year's quiz following a Texas track event sighting two weeks ago.
The non-replica champagne (not from upstate New York) will be mailed from Chicago on 31 March.
RS
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Protest!! Unfair advantage on account of living on the 'wrong' side of the pond!
Not that I'm bitter or jealous.... :)
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Gotta love the conversion rate though
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I thought the buyer had to be named via the forum? So still none the wiser as to purchaser.
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Graham,
You're right. His name (for it's a he), in the ACOC Cobra register and therefore in the public domain, is Phil Mulacek - a Texas oil man.
RS
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Must be related to the owner of this amazing technicolor Ace( and the other 3!), Ron Mulacek?
(http://i889.photobucket.com/albums/ac100/KeithLessiter/Le%20Mans%20Classic%202010/IMG_0430.jpg) (http://"http://www.acownersclub.co.uk/forum/topic.asp?TOPIC_ID=1619")
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Nik,
I think this will be news to Phil and Ron, from different sides of the Mason-Dixon line.
RS
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I'm wondering whether he just added a 427S/C to his collection? Or are all these cars 'disappearing' into Texas?
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quote:
Originally posted by TLegate
I'm wondering whether he just added a 427S/C to his collection? Or are all these cars 'disappearing' into Texas?
I believe he also bought CSX3106 which had been for sale through Fantasy Junction in Emeryville CA.
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Phil is the Son of Ron & Mauricette Mulakec from Chicago, Ron has
3 x Ace Brisol. 1 x Ace AC powered, 1 x Aceca Bristol, Ron was giving his kids a AC each, During Le Mans Classic Phil said he wanted a few Cobras e.g a 289 + 427. Believe Phil or Brother has sold his orange CanAm McLaren...[;)]
The Mulacek's like to use and enjoy their toys.......[:p]
Keith