Barrett-Jackson Auction Co. refuses to auction 1958 Chevy Impala
01-13-2010, 12:38 AM
#1
In the Mid-South meow
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iTrader: (2)
Barrett-Jackson Auction Co. refuses to auction 1958 Chevy Impala
http://www.azcentral.com/news/articl...2hollycar.html
Jan. 12, 2010 05:41 PM
With doubts lingering about its authenticity, the Barrett-Jackson Auction Co. is refusing to auction a 1958 Chevrolet Impala the seller said was purchased new by the late rock and roll music legend Buddy Holly.
The coral-colored Chevy was a featured car at the Barrett-Jackson Collector Car Auction next week in Scottsdale.
"We still don't feel comfortable with the car," Barrett-Jackson President Steve Davis said Tuesday after checking the classic car's documentation. "We're not going to run the car across the auction block. It's a painful decision I have to make."
Davis said a 2001 magazine article he became aware of raised questions about the car's authenticity that were unresolved.
Holly, who died in a plane crash in 1959, reportedly had his record producer buy the Impala at a dealership in Clovis, N.M., and later gave it to his father.
The car was restored in Holly's hometown of Lubbock, Texas, in 1997. The seller is Bill Clement.
The Chevy was signed on the fender skirt by Peggy Sue Gueron, who was the subject of Holly's hit song "Peggy Sue."
She was to appear at the auction with the Impala and to sign her book, "Whatever Happened to Peggy Sue?"
With doubts lingering about its authenticity, the Barrett-Jackson Auction Co. is refusing to auction a 1958 Chevrolet Impala the seller said was purchased new by the late rock and roll music legend Buddy Holly.
The coral-colored Chevy was a featured car at the Barrett-Jackson Collector Car Auction next week in Scottsdale.
"We still don't feel comfortable with the car," Barrett-Jackson President Steve Davis said Tuesday after checking the classic car's documentation. "We're not going to run the car across the auction block. It's a painful decision I have to make."
Davis said a 2001 magazine article he became aware of raised questions about the car's authenticity that were unresolved.
Holly, who died in a plane crash in 1959, reportedly had his record producer buy the Impala at a dealership in Clovis, N.M., and later gave it to his father.
The car was restored in Holly's hometown of Lubbock, Texas, in 1997. The seller is Bill Clement.
The Chevy was signed on the fender skirt by Peggy Sue Gueron, who was the subject of Holly's hit song "Peggy Sue."
She was to appear at the auction with the Impala and to sign her book, "Whatever Happened to Peggy Sue?"
01-13-2010, 06:03 AM
#3
Someday, an RS6 Avant+
01-13-2010, 08:35 AM
#6
Senior Moderator
I would rather BJ wait until proper documentation is available.
01-13-2010, 09:04 AM
#7
Moderator
iTrader: (3)
Without a doubt that was the best move to make.
When and/or if the documentation comes back that verifies the authencity of the car's previous owners, I'm sure it will make a reapperance on the auction block.
When and/or if the documentation comes back that verifies the authencity of the car's previous owners, I'm sure it will make a reapperance on the auction block.
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01-13-2010, 08:11 PM
#10
Senior Moderator
and even without a history, that car is worth beaucoup $$$$$$.
01-13-2010, 08:16 PM
#11
One on the right for me
Good. Otherwise who knows what kind of shit storm will result...much like the issue with the alleged Jefferson wines in the 80s from Christies.
01-13-2010, 08:47 PM
#12
Evil Mazda Driver
It's cheaper to sell the car later than to misrepresent it and weather the shit storm that would inevitably follow. I think they did the right thing.
If it does turn out to be Buddy Holly's car it's going to sell for a FORTUNE.
If it does turn out to be Buddy Holly's car it's going to sell for a FORTUNE.
01-13-2010, 09:34 PM
#13
Fahrvergnügen'd
Am I imagining that BJ was accused of having people in the crowd to jack up sale prices, weren't putting cars on the block for the full 3 minutes like they advertised, and selling cars at one price and publishing them at another?
Funny how they find the Flying Spaghetti Monster when times are tough.
Funny how they find the Flying Spaghetti Monster when times are tough.
01-14-2010, 12:49 AM
#14
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