Steve McQueen's 1970 911 S
#1
Three Wheelin'
Thread Starter
Steve McQueen's 1970 911 S
I just read in Robb Report that his 911 'S' that he drove in the beginning of the movie 'LeMans" is going to be auctioned off Aug 19-20 @ RM Auctions annual Monterey sale. It does not mention miles driven.
Any guess what it sells for? (it's had 3 owners since he sold it in 1973)'
Any guess what it sells for? (it's had 3 owners since he sold it in 1973)'
#3
Burning Brakes
Over $950K
I read somewhere that the low estimate (often the reserve) provided by the auction company will be $900K which is slightly more than twice the amount the seller of the car paid for it. The seller/vendor is an experienced car dealer and collector.
When McQueen's Ferrari Lusso sold, a comparable example with no McQueen history was worth $600K and McQueen's Lusso sold for about 4 times that amount.
So applying the McQueen 4X multiple to the 911S, let's say an excellent 911S sold at a high-end auction is $120K so multiply that by 4 and you get $480K. Then multiply by the Lemans movie factor (2x) for another $480K and you get $960K.
Then subtract for 60,000 early 911 Porsches versus the 350 Lussos made and factor in the apparent reserve of $900K and I would guess it will sell for $950,000 -1,000,000.
Just two years ago, McQueen's Rolex Submariner (5512) watch sold for $234,000.
http://www.watchtime.com/2009/06/ste...record-234000/
When McQueen's Ferrari Lusso sold, a comparable example with no McQueen history was worth $600K and McQueen's Lusso sold for about 4 times that amount.
So applying the McQueen 4X multiple to the 911S, let's say an excellent 911S sold at a high-end auction is $120K so multiply that by 4 and you get $480K. Then multiply by the Lemans movie factor (2x) for another $480K and you get $960K.
Then subtract for 60,000 early 911 Porsches versus the 350 Lussos made and factor in the apparent reserve of $900K and I would guess it will sell for $950,000 -1,000,000.
Just two years ago, McQueen's Rolex Submariner (5512) watch sold for $234,000.
http://www.watchtime.com/2009/06/ste...record-234000/
Last edited by SKM; 07-24-2011 at 08:59 AM. Reason: Corrected the math
#4
Race Director
I read somewhere that the low estimate (reserve) provided by the auction company will be $900K which is slightly more than twice the amount the seller of the car paid for it. The seller/vendor is an experienced car dealer.
When McQueen's Ferrari Lusso sold, a comparable example with no McQueen history was worth $600K and McQueen's Lusso sold for about 4 times that amount.
So applying the McQueen 4X multiple to the 911S, say an excellent 911S sold at a high-end auction is $120K so multiply that by 4 and you get $880K. Then add the Lemans movie factor of ??? and you get well over $900K.
Then subtract for 60,000 early 911 Porsches versus the 350 Lussos made and the apparent reserve of $900K and I would guess it will sell for $950,000 -1,000,000.
When McQueen's Ferrari Lusso sold, a comparable example with no McQueen history was worth $600K and McQueen's Lusso sold for about 4 times that amount.
So applying the McQueen 4X multiple to the 911S, say an excellent 911S sold at a high-end auction is $120K so multiply that by 4 and you get $880K. Then add the Lemans movie factor of ??? and you get well over $900K.
Then subtract for 60,000 early 911 Porsches versus the 350 Lussos made and the apparent reserve of $900K and I would guess it will sell for $950,000 -1,000,000.
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#9
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this car is an icon to those who are porsche/leMans/Mcqueen fans.
there are fans out there with stupid money. But they are not stupid buyers either.
If they are older gentleman, then money will be no object.
Even with all the money in the world i would only pay so much.
but hey, lets face it, the car is cool and even cooler with the history!
http://www.rmauctions.com/FeatureCar...O11&CarID=r105
there are fans out there with stupid money. But they are not stupid buyers either.
If they are older gentleman, then money will be no object.
Even with all the money in the world i would only pay so much.
but hey, lets face it, the car is cool and even cooler with the history!
http://www.rmauctions.com/FeatureCar...O11&CarID=r105
Last edited by tcsracing1; 07-24-2011 at 09:07 PM.
#10
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Per TCSRacing's above link: the odometer reads under 12,400 miles BUT the car has >112,000 miles.
Click here for more info & pics here on AutoBlog.com's "Ex-Steve McQueen cars to be auctioned off in Monterey."
Jo (AKA "Smokescreen" )-- I hope that means you & Robert get a slice of the profits!
P.S. You have a P.M.
Click here for more info & pics here on AutoBlog.com's "Ex-Steve McQueen cars to be auctioned off in Monterey."
P.S. You have a P.M.
#13
Lifetime Member
Jo" )-- I hope that means you & Robert get a slice of the profits!
P.S. You have a P.M.
http://www.youtube.com/watch?v=17a79...layer_embedded
P.S. You have a P.M.
http://www.youtube.com/watch?v=17a79...layer_embedded
I said a COPY not the original..........
PM'ed you back!
#14
Rennlist Member
now and I doubt he's put more than 1000 miles if that in that time frame.
When the car was shipped east from Los Angeles it just so happened my RS
'72 clone was riding along enclosed in the trailer with it and I managed a peek
and a few candid photos in my driveway once my car arrived.
I must say a very nice example but the kind of dough that was spent to obtain
it I heard was north of three quarters of a million...
Bert
#15
Rennlist Member
There is a lot of interest over in Europe and the car has been promoted in a lot of car related journals over here.
Would have thought the King of Cool's car would be North of $1,250,000.
Revised after watching opening sequence - $2,000,0000
Would have thought the King of Cool's car would be North of $1,250,000.
Revised after watching opening sequence - $2,000,0000