[Chrysler300] Classic Car Appraisals

[Jim Pristelski <ajp002@xxxxxxxxx>]

John,

I think that the bottom line is that you can shop around for an appraiser
who will give you the appraisal that you want!  Of course, this 1963 300
Pace convertible is not worth anything remotely close to $352,000.  It seems
to me that a really topnotch example sold at a major auction a couple of
years ago in the $70,000 range, which was well above prior sales records.

The seller is completely wrong that only 10 examples were made.  Each dealer
was entitled to order one.  Chrysler sponsored regional events for the
dealers to pick up their car.  I picked up the one that my Dad's dealership
ordered.  It was at the DuPage county fairgrounds (about 30 miles west of
downtown Chicago) for the Chicago region dealers.  There were well over 100
cars made for the Chicago region alone.  Other regions had similar events.
All together, something like 1860 1963 300 Pace convertibles were made.

Other incorrect features of this car are the wheels without proper hubcaps
and the dual snorkle aircleaner (not available until the late 1960s).

Best,

Jim in northern IL

---------- Forwarded message ----------
From: John <spiers@xxxxxxxxxxxxxx>
Date: Thu, Nov 12, 2009 at 10:54 AM
Subject: [Chrysler300] Classic Car Appraisals
To: Chrysler 300 Club Intl <chrysler300@xxxxxxxxxxxxxxx>




I wanted to get other Club members' opinions about appraisals of classic
vehicles, including our 300 Letter Cars.

For example, there is a shiny but very ordinary and somewhat modified 1963
Chrysler 300 Pace Car convertible on eBay at the moment. Ordinary in that it
has a 383, and no A/C. I say lightly modified, as it has dual-circuit brakes
and a front disc brake conversion. Here's a link to the auction:
http://tinyurl.com/63-300-sport

The appraisal value for this car is listed at $352,000. I'm no professional
appraiser, but that most certainly exceeds the value of that car by at least
ten times over its actual value.

Your thoughts/opinions?

300ly,
John Spiers

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