An Auction of Dreams
The beginning of December will see RM Auctions sell more than 100 top classic cars belonging to John Staluppi’s “Cars of Dreams” collection. In addition to iconic Chevrolets, Dodges, and Pontiacs, an antique carousel will also find a new owner.
For classic car fans, John Staluppi’s “Cars of Dreams” collection is practically a trip to paradise. More than 100 cars, consisting mostly of convertibles and sports cars from the golden age of American automotive design sit lined up in row upon row of glistening candy colors. The backdrop of the exhibition is a full-size diorama of 1950s small-town life, complete with period correct parking meters and drive-in restaurants.
100 million dollars
Multimillionaire John Staluppi had built up his very own personal American dream to share with friends and fans. In a surprising move, the entrepreneur has now decided to auction his entire collection and donate a large portion of the proceeds to charitable foundations. On 29th November 2012, classic car lovers will have a final chance to take a look at the complete “Cars of Dreams” collection in its full majesty before the hammer drops on 1st December 2012. Conservative estimates suggest that the auction proceeds will top 100 million USD.
Automotive crown jewel
This estimate should come as little surprise though, considering how many luxury cars, unique pieces, and magnificent restorations the collection contains. A Chevrolet Corvette 427/435 from 1967 is likely to form the auction’s highlight. A blue roadster with black rally stripes and a generous hood scoop, the car houses a fully overhauled V8 putting out around 435 hp – more than enough to keep up with many of its younger brethren. The 1967 Corvette is often touted as the prime example of American automotive engineering art at its finest, and collectors refer to it as “America’s Sports Car”. Chevrolet produced around 22,940 examples in 1967, of these, less than a seventh were convertibles featuring the Tri-Power sports motor. Each originally sold for 437.10 US. RM has predicted a final price of somewhere between 175,000 to 250,000 USD for this one.
Street super heroes
The Shelby Mustang style defined the street culture of the 1950s and 1960s, retaining the title of “King of the Road” even today. In this case however, the Acapulco Blue 1968 GT500-KR Convertible heading to auction will have to share its throne with an even more legendary rival: a Chevrolet Batmobile used in the 1966-68 film and television series. And what’s actually cooler than an original Batmobile? You’re are correct if you guessed “a matching Batcyle!” Both will be offered with a starting price of 125,000 USD, film gadgets included….
Another star of the show that – while motorized – prefers to limit its driving to circles, is an antique Allan Herschell carousel dating back to the 1920s. Staluppi restored the hand-carved horse figurines himself and brought the merry-go-round back to life, complete with 550 electric light bulbs. The carousel is estimated to bring in 500,000 USD.