1951 MG TD sold for $71,500.00

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  • #234083
    john barry
    Participant

    @jebarry

    http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?ln=3810&aid=463&pop=0

     

    Lot Number: 3810

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    Auction: PALM BEACH 2012
    Status: SOLD
    Sale Type: NO RESERVE
    Price: *$71,500.00
    Year: 1951
    Make: MG
    Model: TD
    Style: CONVERTIBLE
    VIN: TD7545
    Exterior Color: BRITISH RACING GREEN
    Interior Color: BLACK
    Cylinders: 4
    Engine Size: 1300
    Transmission: 4-SPEED MANUAL
    Summary: Two owner car from new with one owner since 1963. Frame-off restoration. Original color combination, rebuilt original engine. Owner history and receipts dating back to 1963. Will be sold at approximately 7pm Friday April 6, 2012. Title in transit.
    Details: A two owner car from new, it has spent 50 years with the second owner, who acquired it in 1963. In the early 90s the owner undertook a fastidious, 3-year, frame-off restoration to return it to its original glory. No expense was spared with over $62,000 spent. The car has been pampered and lovingly used since, having never seen rain or even a wash mitt and driven 3,861 miles since completion. Included with the purchase are the original owner handbook, maintenance records and logs from 1963 until the restoration, restoration receipts and post restoration logs until March 2012. Also included is an original workshop manual, a first edition of Richard Knudson’s 1973 book, The T Series, a Moss Motors catalogue from 1969, the black softtop and side curtains, the original key and a letter from the owner. **WILL BE SOLD AT APPROXIMATELY 7PM FRIDAY APRIL 6, 2012** **TITLE IN TRANSIT**
    #249988
    edward ericson
    Participant

    @edsnova

    $62,000 spent, I could believe. $71,000 sale price is a stretch. Good for him if it’s true.

    #249989
    john barry
    Participant

    @jebarry

    thats the totel price with commission ..

    just sold on Barrett Jackson Palm Beach

    Smile
    #249990
    edward ericson
    Participant

    @edsnova

    That’s 4-5 normal TD’s worth of dollars there.

    Meanwhile, there’s this nicely appointed small block powered one.

    #249991
    Royal
    Participant

    @royal

    Ed, MG’s stock 1250cc engine is (most would agree) a small block.  6800cc +/- is not. 

    #249992
    Mark
    Participant

    @mglondonroadste

    That black one on eBay got my attention.  There’s a Honda S2000 in the background of the main photo.  Two of my favorite cars.

    #249993
    john barry
    Participant

    @jebarry

    I was very surprisd that the TD went for so much ..I think it helped in that barrett jackson  advertised it for several days before the auction. A TC went the day before  for only @$18,000….. jebarry2012-04-07 04:40:32

    #249994
    john barry
    Participant

    @jebarry

    oops my bad.The TC went for @$27,000

     

    1949 MG TC CONVERTIBLE

    1949 MG TC CONVERTIBLE
    1949 MG TC CONVERTIBLE
    1949 MG TC CONVERTIBLE
    1949 MG TC CONVERTIBLE

    Lot Number: 58

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    Auction: PALM BEACH 2012
    Status: SOLD
    Sale Type: NO RESERVE
    Price: *$27,500.00
    Year: 1949
    Make: MG
    Model: TC
    Style: CONVERTIBLE
    VIN: TC10034
    Exterior Color: GREEN
    Interior Color: TAN
    Cylinders: 4
    Engine Size: 1250CC
    Transmission: 4-SPEED MANUAL
    Summary: Frame-up restoration with less than 250 miles since restoration. All new wood and rebuilt engine. This car has been owned by the seller for over 33 years.
    Details: Frame-up restoration with less than 250 miles since restoration. All new wood and rebuilt engine. This car has been owned by the seller for over 33 years.

    jebarry2012-04-07 04:52:40

    #249995
    edward ericson
    Participant

    @edsnova

    The TC buyer made the better deal.

    Still thinking that $71,500 was a typo. Maybe should’ve been $17,500.

    #249996
    Dan Ogle
    Participant

    @tex

    No Ed it went for that amount,I was watching,I thought it would go for around 50,and it surprized me .Car looked as if it came off the showroom floor.Wink

    #249997
    edward ericson
    Participant

    @edsnova

    Amazing, Dan. I’ve seen some very nice ones–including one that was raced by Carroll Shelby–go for less than $19k in the past three years, and a lot priced over $20k on the ‘bay not make their opening bid. Never saw one do more than maybe $21k–and I think that was a low-mile, well-documented early Mark II that was perfect.

    This car looks nice, but it’s got an incorrect/missing air filter and it’s missing the glovebox chrome, for starters. I’d say it’s an “A” car, but by no means an A+.

    I believe you when you say the gavel fell at $71,5. But I think this is a very unusual sale.

    edsnova2012-04-07 12:41:01

    #249998
    Montie Henderson
    Participant

    @montie

    To me the buyer paid about 50 K too much.   At the British days show last year, the average prices on ones for sale were 18 to 24 K.  The show winner even was for sale, an A+ car down to the last lug nut, asking price was 24 K.   He took it back home too. 

    #249999
    john barry
    Participant

    @jebarry

    Ed I saw the TD auctioned   last night ..

    Is your middle name Thomas?
    #250000
    Marc Lipsius
    Participant

    @mrlmd

    Some people just have too much money and don’t know what to do with it.

    #250001
    Dan Ogle
    Participant

    @tex

    Wish I had that problem.(to much money)

    #250002
    Royal
    Participant

    @royal

    Just yesterday I had exactly the same problem, – only different.  I had too much gas in my TD.  Went for a ride and it was all better.  Try it.  Big smile

    #250003
    edward ericson
    Participant

    @edsnova

    Sage advice. 

    #250004
    Robert J.Smith
    Participant

    @smitty

    amen!

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