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-   -   1969 Yenkos up for auction...seized by US Marshals (https://www.yenko.net/forum/showthread.php?t=128639)

Charley Lillard 09-12-2014 01:23 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Brian Henderson is headed there and will fill us in later.

YENKO DEUCE REGISTRY 09-12-2014 01:57 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
That's not an easy place to get to in rush hour - hope he left early!

bkhpah 09-12-2014 01:59 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Waiting for auction to start. Was here yesterday for the previews. The Yenko's are scheduled 4th thru 6th. Nova, Camaro, chevelle in that order. Cars are very tired IMO. US marshals have been great, but no pictures are permitted. Lynn Yenko is here, and cannot be interveiwed by the press like Fox, because of the case. Why I don't know. A decent crowd so far.

Charley Lillard 09-12-2014 02:10 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
https://www.yenko.net/ubbthreads/pics...0-img_0331.jpg

YENKO DEUCE REGISTRY 09-12-2014 03:26 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Exciting!!!

Anyone willing to put guestimates on the 3 Yenko cars?

Charley Lillard 09-12-2014 03:42 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
From Brian:
Nova 400K
Camaro 315K
Chevelle 237,500.00
Superbird 575K
Boss 429 265K
Shelby 170K

Charley Lillard 09-12-2014 03:43 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
LS6 155K
Malibu clone 70K

Charley Lillard 09-12-2014 03:45 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Brian said the Nova had a smallblock core support and other stuff.
Thanks for the on the scene reporting.

Charley Lillard 09-12-2014 03:46 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
71 Hemi Cuda project 337,500.00 WOW

Mr70 09-12-2014 03:50 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Who took that photo & how?
I thought no pictures were allowed?

bergy 09-12-2014 03:53 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Pretty strong prices considering it was a government auction. The last auction company that the government used (now fired) didn't promote the auctions at all & the bidding was 100% on-line - great for the buyers (if you were one of the lucky ones who actually found out about the auction).

Looks like hemi Mopar pricing is coming back!

Auction was seen live on-line.

sYc 09-12-2014 03:54 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
results

69hurstSC 09-12-2014 04:09 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Pretty big money for the Hemi Bird as well.



Fast67VelleN2O 09-12-2014 04:40 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
HOLY HELL! 1971 Cuda project mid restoration. 347,500?!?!?!?!?!

ktownkid 09-12-2014 04:43 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
.................er.................ah.........I&q uot;ll write ya a check........ [img]<<GRAEMLIN_URL>>/youguysrock.gif[/img]

ktownkid [img]<<GRAEMLIN_URL>>/beers.gif[/img]

Tracker1 09-12-2014 04:44 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fast67VelleN2O</div><div class="ubbcode-body">HOLY HELL! 1971 Cuda project mid restoration. 347,500?!?!?!?!?! </div></div>

$50,000 to finish,

550-575K+ at BJ or Mecum, Scottsdale in January

Tidy six-figure profit: priceless.

Fast67VelleN2O 09-12-2014 04:52 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
I don't think hardtop Hemi Cudas are bringing that kind of money restored currently.

enio45 09-12-2014 05:23 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
anyone know who got the yenko chevelle - I stopped bidding on line at 225 :-(

rich p 09-12-2014 07:21 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
That would mean?? V.V. Cook ordered a small block nova from Don Yenko or even a 396 car! [img]<<GRAEMLIN_URL>>/hmmm.gif[/img]

rich p 09-12-2014 07:22 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Hopefully the same buyer who bought the Yenko Nova for a great price for the pair!! [img]<<GRAEMLIN_URL>>/worship.gif[/img]

black69 09-12-2014 07:24 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
I started a thread on 'mopar prices on the rise?', under the mopar section of this website, back in July. I thought I saw prices climing and maybe we were all not noticing it.

Hemi cars are moving up alot, looking at this auction's results. Mopars in general could all move up because of the hype. 71 cudas are definitely going to get a bump (they only made 5000 or so total, all engine variants, this hemi project car will impact them all as far a value).

Charley Lillard 09-12-2014 08:10 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Looks to me like the only decent deal was the Chevelle.

mr 707 09-12-2014 08:37 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
just cause its a govt auction doesnt mean yenkos and hemis are going to be given away.

njsteve 09-12-2014 09:05 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
It was an amazing event to attend! 100 bidders on site and 40 on-line bidders. All the winning bidders were guys who were present (no on-line winners). It was quite exciting to see. On most of the cars, the bidding would go up to a certain high bid, then the auctioneer would give the third and final call and another &quot;poker-faced&quot; bidder would throw the next bid out starting the whole adrenaline-fest all over again. It was like watching an hour-long horse race. In the end, the auction pulled in 2.535 million dollars. And no buyers fees here, either which was one reason the bidders were going all-in.

There were a lot of TV news reporters there taping the entire event: Fox, MSNBC, CBS, etc.

I did see a few familiar faces in the seats. Was anyone else from here, there?

70 Boss 429: $265,000
67 Shelby GT500: $170,000
70 Malibu Convertible L89 Tribute: $70,000
69 Yenko Nova: $400,000
69 Yenko Camaro: $315,000
69 Yenko Chevelle: $237,500
Hemi Superbird: $575,000
70 Chevelle LS6: $155,000
71 Hemicuda project car: $347,500

Total: $2,535,000

Before the bidding was opened up on each car, they would read a brief description. They did announce the L89 Chevelle ragtop was a tribute car, which was nice to see that they clarified the description for everyone there in no uncertain terms. I wished all auctions worked that way. All in all it was a very professionally done auction. With some humor at times as the auctioneer was an old time Joysey native who threw in a couple Jersey inside jokes - all he needed was a guy on snare drum to back him up. [img]<<GRAEMLIN_URL>>/biggthumpup.gif[/img]

black69 09-12-2014 09:19 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
To me, the good deal was on the yenko nova.

njsteve 09-12-2014 09:27 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
http://www.foxnews.com/leisure/2014/...llion-in-bids/

bkhpah 09-12-2014 09:40 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Just got back home from the auction. While I only really concentrated on the three Yenko cars, the Chevelle was by far and away the best of the three. I bid you off the Chevelle [sorry Ed}. I am pretty certain that the same guy bought the Camaro and the Nova. The auctioneer reminded a bit of Joe Pesci, and he did a great job. It was over in under 40 minutes. They made an announcement that they in no way are responsible for anything wrong with the cars. You buy them, you own them. They encouraged bidders to inspect or have a professional look them over. They also said they did their best to help document the cars with outside inspection, BUT those are not to be taken as correct. Only people in the audience ended up with cars, but once in a while a phone bidder was called out....BKH

cudino 09-12-2014 09:43 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Charley Lillard</div><div class="ubbcode-body">Looks to me like the only decent deal was the Chevelle. </div></div>
Personally I think the 'Cuda was also somewhat of a deal. Arguably, to replace some of the bad repop parts (repop shaker hood, etc) and restore this car right will take another $125K. But if done and fresh today this particular car (which I believe to be a #s car with paperwork and extremely desirable options) would be worth $500K. So I think the buyer did OK, and who knows how much higher the '71 'Cuda market will be when this car is finally done about a year from now. As for the recent market, these '71s have already been on this track, with a Curious Yellow #s Auto going for ~$500K and a #s Stick car in the same color as this one going for ~$600K. These sales were at public auctions within the last 9 months, so this data should be of no surprise to anyone. There have also been 2 other private sales in this same price range, which were also for '71 Hemicudas that had it all. Buyers are clearly willing to pay up for these '71 Hemi 'Cudas, and in particular for the &quot;everything&quot; examples like this one. The only surprise to me was why this car didn't get bid up another $25K more.
- Wade

bkhpah 09-12-2014 10:02 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
The GOOD deal on the Yenko Nova may seem a bit different if you had a proper inspection. Many major components and not just bolt ons where incorrect. Just on the body alone, the non 69 hood and decklid, the incorrect small block core support, and incorrect radiator and the 1972 quarter panels are problems to me. Tinted glass is incorrect. 100% of the wheel and tire combination was incorrect for a Yenko Nova as well. There was something wrong with the rear suspension as the springs were digging into the frame rails. The special Nova heavy washers at the firewall frame bushing position where missing, and that will kick the sheetmetal all over the place. 1970 and up headlight buckets to the incorrect base interior Nova dome lamp bezel and 1971 steering box. This was just the tip of that iceberg... All of these things are correctable, but it is not a top shelf car..BKH

Tracker1 09-12-2014 10:55 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fast67VelleN2O</div><div class="ubbcode-body">I don't think hardtop Hemi Cudas are bringing that kind of money restored currently. </div></div>

Excuse me? It has louvers, billboards, spoilers and a hi-impact colour - it'll go a half mill for sure.

https://www.yenko.net/ubbthreads/pics...833-cuda71.jpg

61 vert 09-12-2014 11:13 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Thanks Brian for your honest,no punches pulled evaluation of the nova. Maybe the new owner has another 100,000 to spend with you to fix it up.I don't think that 400,000 for the nova is top shelf price. Find another one for sale or that has sold to compare to.Kind of hard to establish value when they just don't trade hands but once every 5 years.Just my opinion. Also, the nova and the camaro did not go to the same buyer.

Stefano 09-13-2014 12:28 AM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Hello Andy, Is the Nova heading back to Iowa?

njsteve 09-13-2014 02:06 AM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Local news coverage with names of some of the buyers.

http://www.nj.com/news/index.ssf/2014/09...25_million.html

Charley Lillard 09-13-2014 02:57 AM

Re: 1969 Yenkos up for auction...seized by US Mars
 
John Ursini of Long Island plunked down $315,000 for a 1969 Chevrolet Yenko Camaro, one of just 200 manufactured that year.
John Ursini had the winning bid of $315,000 for a 1969 Chevrolet Yenko Camaro.
It was Ursini’s first time at an auction and, after winning the Camaro, was asking Oseid for help finding someone who could transport the car back to New York. He said he has plans to “flip” it to a new buyer.

“But I’m going to hold onto it for a while,” Ursini said.

61 vert 09-13-2014 12:05 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Nova is going to Iowa.

68l30 09-13-2014 01:50 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
To be fixed or parked?

BIG

NovaMob03 09-13-2014 02:00 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
auction stated that Vince Emme certified the Nova and it has a build sheet? Didn't know he had gotten re-involved... [img]<<GRAEMLIN_URL>>/dunno.gif[/img]

COPO CARTEL 09-13-2014 02:25 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
To be enjoyed ! Private collector. 90% of muscle cars valued over 100 K are parked. This guy actually drives and enjoys his cars. As well as shares them with the public. Congrats Andy

iluv69s 09-13-2014 02:55 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: NovaMob03</div><div class="ubbcode-body">auction stated that Vince Emme certified the Nova and it has a build sheet? Didn't know he had gotten re-involved... [img]<<GRAEMLIN_URL>>/dunno.gif[/img]

</div></div>


I assume the build sheet is not very useful in documenting the 427?? Was it an L-78 to start?? Was it a bottom end transplant?? Is this car 100% a 427 conversion?? It seemed I read there was some doubt?? How did Yenko typically do the conversions?? What's the history on the car ?? Curious what Vince's report says. Maybe documented by him years ago?????

I love the car by the way... I remember my buddy's Big Block 69 Nova back in the day.. I can just imagine this beast !!


Not saying anything about this or any other specific car, but it only takes one or two auctions where the car was sold for large $$ that the car then becomes somehow legit, especially if it had been owned by a high profile collector.. I guess they figure if 'that guy' once owned it, it must be real. ??????

rich p 09-13-2014 03:09 PM

Re: 1969 Yenkos up for auction...seized by US Mars
 
Looks to me just about every car went to someone looking to flip the car in the future!! The Hemi Bird took the biggest leap in money since he bought it from me!!
The Bird was restored with everything NOS, down to the valve stems to tires to the headlights!! There are two repo parts on the bird! Good luck finding them!!


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