1969 Yenkos up for auction...seized by US Marshals

[black69]

I started a thread on 'mopar prices on the rise?', under the mopar section of this website, back in July. I thought I saw prices climing and maybe we were all not noticing it.

Hemi cars are moving up alot, looking at this auction's results. Mopars in general could all move up because of the hype. 71 cudas are definitely going to get a bump (they only made 5000 or so total, all engine variants, this hemi project car will impact them all as far a value).

[Charley Lillard]

Looks to me like the only decent deal was the Chevelle.

[mr 707]

just cause its a govt auction doesnt mean yenkos and hemis are going to be given away.

[njsteve]

It was an amazing event to attend! 100 bidders on site and 40 on-line bidders. All the winning bidders were guys who were present (no on-line winners). It was quite exciting to see. On most of the cars, the bidding would go up to a certain high bid, then the auctioneer would give the third and final call and another "poker-faced" bidder would throw the next bid out starting the whole adrenaline-fest all over again. It was like watching an hour-long horse race. In the end, the auction pulled in 2.535 million dollars. And no buyers fees here, either which was one reason the bidders were going all-in.

There were a lot of TV news reporters there taping the entire event: Fox, MSNBC, CBS, etc.

I did see a few familiar faces in the seats. Was anyone else from here, there?

70 Boss 429: $265,000
67 Shelby GT500: $170,000
70 Malibu Convertible L89 Tribute: $70,000
69 Yenko Nova: $400,000
69 Yenko Camaro: $315,000
69 Yenko Chevelle: $237,500
Hemi Superbird: $575,000
70 Chevelle LS6: $155,000
71 Hemicuda project car: $347,500

Total: $2,535,000

Before the bidding was opened up on each car, they would read a brief description. They did announce the L89 Chevelle ragtop was a tribute car, which was nice to see that they clarified the description for everyone there in no uncertain terms. I wished all auctions worked that way. All in all it was a very professionally done auction. With some humor at times as the auctioneer was an old time Joysey native who threw in a couple Jersey inside jokes - all he needed was a guy on snare drum to back him up. [img]<<GRAEMLIN_URL>>/biggthumpup.gif[/img]

[black69]

To me, the good deal was on the yenko nova.

[njsteve]

http://www.foxnews.com/leisure/2014/...llion-in-bids/

[bkhpah]

Just got back home from the auction. While I only really concentrated on the three Yenko cars, the Chevelle was by far and away the best of the three. I bid you off the Chevelle [sorry Ed}. I am pretty certain that the same guy bought the Camaro and the Nova. The auctioneer reminded a bit of Joe Pesci, and he did a great job. It was over in under 40 minutes. They made an announcement that they in no way are responsible for anything wrong with the cars. You buy them, you own them. They encouraged bidders to inspect or have a professional look them over. They also said they did their best to help document the cars with outside inspection, BUT those are not to be taken as correct. Only people in the audience ended up with cars, but once in a while a phone bidder was called out....BKH

[cudino]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Charley Lillard</div><div class="ubbcode-body">Looks to me like the only decent deal was the Chevelle. </div></div>
Personally I think the 'Cuda was also somewhat of a deal. Arguably, to replace some of the bad repop parts (repop shaker hood, etc) and restore this car right will take another $125K. But if done and fresh today this particular car (which I believe to be a #s car with paperwork and extremely desirable options) would be worth $500K. So I think the buyer did OK, and who knows how much higher the '71 'Cuda market will be when this car is finally done about a year from now. As for the recent market, these '71s have already been on this track, with a Curious Yellow #s Auto going for ~$500K and a #s Stick car in the same color as this one going for ~$600K. These sales were at public auctions within the last 9 months, so this data should be of no surprise to anyone. There have also been 2 other private sales in this same price range, which were also for '71 Hemicudas that had it all. Buyers are clearly willing to pay up for these '71 Hemi 'Cudas, and in particular for the &quot;everything&quot; examples like this one. The only surprise to me was why this car didn't get bid up another $25K more.
- Wade

[bkhpah]

The GOOD deal on the Yenko Nova may seem a bit different if you had a proper inspection. Many major components and not just bolt ons where incorrect. Just on the body alone, the non 69 hood and decklid, the incorrect small block core support, and incorrect radiator and the 1972 quarter panels are problems to me. Tinted glass is incorrect. 100% of the wheel and tire combination was incorrect for a Yenko Nova as well. There was something wrong with the rear suspension as the springs were digging into the frame rails. The special Nova heavy washers at the firewall frame bushing position where missing, and that will kick the sheetmetal all over the place. 1970 and up headlight buckets to the incorrect base interior Nova dome lamp bezel and 1971 steering box. This was just the tip of that iceberg... All of these things are correctable, but it is not a top shelf car..BKH

[Tracker1]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fast67VelleN2O</div><div class="ubbcode-body">I don't think hardtop Hemi Cudas are bringing that kind of money restored currently. </div></div>

Excuse me? It has louvers, billboards, spoilers and a hi-impact colour - it'll go a half mill for sure.