Wilcox auction?

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Dan Hatch
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Wilcox auction?

Post by Dan Hatch » Mon Sep 21, 2020 1:02 pm

What happened? Anyone go? Dan

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Mon Sep 21, 2020 8:07 pm

Dan, I was in process of posting the results, so Ill just post them here. The best two cars there were my old 1921 touring and the 1915 touring. My 1921 was a solid driver when I sold it to Ken. It would hand crank on mag with one finger and free started 90% of the time. Other than a repaint and uphoulstery it was a original wood, original parts unmolested car. The 1915 touring was also a good deal, It also was a good correct car. All parts were correct 1915 except the hogs head. When Ken bought it from a estate, he brought it to me to fix. The hogs head was gone and it appeared to have been in the process of a band change when the previous owner died. ?? I did not have a correct hogs head and Ken did not care anyway so we put a cast iron non starter hogs head on it. It was a nice drive when I got it running for him .. I drove it about a week before he came and got it. I think it was the best deal of the day. Even though I knew the cars from years ago, none of the cars has ran in over 10 years (or more). The rest of the Ts were a mix of older restorations that were fair condition or were "Yard Art" that had "lipstick put on a pig" For example the TT truck was a rough old "yard art" piece that he bought from me. It was very rusty, locked up incomplete engine, ect. Ken had some one paint it (over the rust) install plexi glass windows, put some pine boards in the bed, and made a couple plywood floorboards. That was it "Lipstick on a pig" About 1/2 of the Ts were "lipstick on a pig" type of cars. It seems like most of the buyers did not really notice the difference in a good car or a ???? I show pics of a 1949, 1950, and 1951 Ford cars. They were the most expensive cars there. I show the pics because the auctioneer did not even clean them up and also ruined the tires by loading and moving them on flats. I did not buy a thing but there were some good deals on the 40s 50s 60s 70s era cars and trucks.
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Last edited by dobro1956 on Mon Sep 21, 2020 8:14 pm, edited 1 time in total.

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Mon Sep 21, 2020 8:08 pm

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Mon Sep 21, 2020 8:09 pm

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Mon Sep 21, 2020 8:10 pm

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Mon Sep 21, 2020 8:11 pm

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Mon Sep 21, 2020 8:12 pm

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Topic author
Dan Hatch
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Re: Wilcox auction?

Post by Dan Hatch » Mon Sep 21, 2020 8:28 pm

Looks like I need to get into 49,50,&51 Fords. Thanks for the report. Glad I did not go. Dan

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Re: Wilcox auction?

Post by Dan B » Tue Sep 22, 2020 7:33 am

$5k for a 1915. Wow. Sure to upset a few folks here.
1923 Touring

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John Warren
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Re: Wilcox auction?

Post by John Warren » Tue Sep 22, 2020 8:46 am

Wow,did you purchase anything? How is the speedster going? Thanks.
24-28 TA race car, 26 Canadian touring, 25 Roadster pickup, 14 Roadster, and 11AB Maxwell runabout
Keep it simple and keep a good junk pile if you want to invent something :P

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Tue Sep 22, 2020 10:04 am

I did not purchase anything. It took a lot of will power. :) . I sold Ken about 15 of the cars thru the years. 7 of the Ts were mine At one time, and 8 of the 50s 60s cars were also mine at one time. I missed pictures of about 6 or 7 of the Ts before they were loaded up by the new owners. Out of all the Ts the 15 and my 21 touring were probably the best cars. There was a 1919 touring (no picture) , the 26 Tudor, and the 24 roadsters that probably were good cars that needed very little to be OK. Then there was a couple 26-27 coupes, the 26 roadsters pickup, and the speedster that were amaeture restorations that had been neglected but would clean up OK. The rest were just cars assembled from junk, very poorly done, lots of new parts (tires,upholstery kits, wiring kits, hoses, floor mats, plexi glass windows, paint over rust and dents ECT ECT ECT) wasted on cars only good enough for yard art. His idea of a restored "museum" car was look good 40 foot away and did not need to run. But it was a fun day to just watch, I handed out lots of business cards to all the folks who bought Ts. Gave them info on joining the MTFCA and also our Arkansas Tin Lizzies. So maybe we will gain some new members. Other than the man who bought the 1915 (a forum member) all the rest were new to model Ts.

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Rich Eagle
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Re: Wilcox auction?

Post by Rich Eagle » Tue Sep 22, 2020 11:15 am

Thanks for the photos and the prices. It puts things into perspective for me.
Rich
When did I do that?


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Re: Wilcox auction?

Post by KeithG » Tue Sep 22, 2020 11:28 am

Donnie, I have to commend you for your excellent reporting on this auction! Wonderful job....

Keith
'14 Touring, '26 Roadster Pickup, '27 Fordor, '27 Touring
Motto: It's hard to build a garage that's tooooo big! :D

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Tim Rogers
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Re: Wilcox auction?

Post by Tim Rogers » Tue Sep 22, 2020 12:09 pm

Now we know the current value of a Model T...
<o><o><o><o> Tim Rogers - South of the Adirondacks - Forum member since 2013 <o><o><o><o>

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Tue Sep 22, 2020 1:40 pm

If I had not known the buyer of the 15 touring, I would have bid on it . I was prepared to go to 8000.00 for the 15 even though I did not need it. (I already have too many) But it went to a good home and it will be sitting with a 1913 . I'm not sure if this is a good reflection of prices. The auction was poorly prepared, Arkansas is not a good venue, and condition of the junk cars really distracted from the better cars. Just my opinion ...not worth much ..

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Re: Wilcox auction?

Post by ChrisB » Tue Sep 22, 2020 3:51 pm

I'll second Keith's comment, very nice reporting Donnie, like the prices on the pics.

Chris
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Re: Wilcox auction?

Post by StanHowe » Tue Sep 22, 2020 5:45 pm

I wasn't there but it looks to me like they got every dime that was there.
Two high School boys with an air compressor would have made them some money.
Several years ago we proved how to double your money on tires. Buy new tires and put them on. Costs about $300-400 a car. Get to where the money is slowing down and point out the new tires, you'll get another 500-1000 every time..
We bought $6000 worth of tires and batteries a few years ago for one auction.

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dobro1956
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Re: Wilcox auction?

Post by dobro1956 » Tue Sep 22, 2020 7:33 pm

Stan I agree on the kids with a air compressor. I have bought and sold old cars most of my life. I found out years ago a flat tire would cost you 500 to a 1000 dollars on a sale. A missing hubcap will also cost you 500. If the car is missing a hubcap its better to take the others off and have no hubcaps. Some of the cars at this sale brought more than I consider them worth, But the better cars did not bring what they could have. Just a little cleanup and air in tires would have helped. There were 138 cars in the sale. Most were outside. Some brought too much and some went too low. Typical for a auction. Some of the cars must have been stored in a barn. The engines were totally covered in pack rats nests. You could not see the ground or even see the engine on about 20 cars for the hay, twigs, leaves, ect. No attempt was made to remove any of it. All of the cars were moved to the auction site from storage around the area. So every car was on a trailer or truck at some point. A car wash stop would have been nice for the better cars....


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Re: Wilcox auction?

Post by StanHowe » Wed Sep 23, 2020 12:09 am

A lot of times it is the low bidder that got the auction. You can do a first class job, make some money or be low bidder but you can't do all three.

There is a sale coming up nearby with some nummy cars, lots of good parts, etc. Auction???? NO WAY!!! Not going to give everything away like they do at an auction and auctioneers want too much commission, we'll sell them ourselves and make big money. They will leave $50,000 on the table, end up with a bunch of stuff left to sell and do a lot of work that a good auction company would have done.


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Re: Wilcox auction?

Post by Chad_Marcheese » Wed Sep 23, 2020 6:11 am

Wow, prices were truly all over the place. Amazing some of the cars were as cheap as they were....but obviously I was not there to actually look at them.

I hear what your saying on the conditions by the area, company doing it, and such having a possible effect on the prices. It just seems to me that is still proves finding a fair car to get into the stock T hobby with, is still very possible for alot of people, and that the demand may not be there. I'd be willing to speculate some of those cars get turned into V-8 Hot Rods.

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