Robert G. Smits Posted July 11, 2022 Share Posted July 11, 2022 This Biarritz just sold for $410K on BaT. Previous BaT record for a Eldorado Biarritz was $170K It was a NICE car!!! Is this just two bidders with too much money? I haven't seen one sell for over $200K in quite a while. Link to comment Share on other sites More sharing options...
Brass is Best Posted July 11, 2022 Share Posted July 11, 2022 What is too much money? No such thing. The bidder earned that money and decided to buy something to enjoy. If you tried to buy it from them today you would have to pay more. 2 2 Link to comment Share on other sites More sharing options...
John_S_in_Penna Posted July 11, 2022 Share Posted July 11, 2022 I always say: One data point does not make a trend. You wouldn't say, if one sold for $95,000, that the market was down, so we can't form conclusions if one data point is up! 3 Link to comment Share on other sites More sharing options...
1937hd45 Posted July 11, 2022 Share Posted July 11, 2022 36 minutes ago, Robert G. Smits said: This Biarritz just sold for $410K on BaT. Previous BaT record for a Eldorado Biarritz was $170K It was a NICE car!!! Is this just two bidders with too much money? I haven't seen one sell for over $200K in quite a while. Would you be able to afford the time it takes to post a photo of this car you are so interested in? Link to comment Share on other sites More sharing options...
John_S_in_Penna Posted July 12, 2022 Share Posted July 12, 2022 1 hour ago, Robert G. Smits said: This Biarritz just sold... I think you forgot the link. We'd like to admire the car too, even if it did sell for far too much money. Why was someone so willing to overpay? I hope it was zeal and enthusiasm, not foolishness with newfound money. Link to comment Share on other sites More sharing options...
classic_cruiser Posted July 12, 2022 Share Posted July 12, 2022 Looks like it was this one: 1959 Eldorado 1 Link to comment Share on other sites More sharing options...
1937hd45 Posted July 12, 2022 Share Posted July 12, 2022 (edited) 9 minutes ago, classic_cruiser said: Looks like it was this one: 1959 Eldorado Oh, I thought the Barritz was the one with shot glasses and cigarettes in the glove box. Edited July 12, 2022 by 1937hd45 (see edit history) Link to comment Share on other sites More sharing options...
Mark Huston Posted July 12, 2022 Share Posted July 12, 2022 2 hours ago, Robert G. Smits said: This Biarritz just sold for $410K on BaT. Previous BaT record for a Eldorado Biarritz was $170K It was a NICE car!!! Is this just two bidders with too much money? I haven't seen one sell for over $200K in quite a while. The car in question appears to be flawless (to a non 59 Cadillac expert like me) and is restored in Auction Red. The final sales price makes sense. Link to comment Share on other sites More sharing options...
George Smolinski Posted July 12, 2022 Share Posted July 12, 2022 My pants feel funny just looking at the pictures.😁 Link to comment Share on other sites More sharing options...
8E45E Posted July 12, 2022 Share Posted July 12, 2022 (edited) 10 hours ago, 1937hd45 said: Oh, I thought the Barritz was the one with shot glasses and cigarettes in the glove box. No, that's the Eldorado Brougham. And if one sells for the same amount, all 6 of those magnetic shot glasses, cigarette case, and the other accessories better be there for that kind of $$$. https://www.newcadillacdatabase.org/static/CDB/Dbas_txt/Brg08.htm Craig Edited July 12, 2022 by 8E45E Added link (see edit history) 2 Link to comment Share on other sites More sharing options...
Restorer32 Posted July 12, 2022 Share Posted July 12, 2022 We are just beginning a full show restoration of a '59 Biarritz . Daunting task. 1 Link to comment Share on other sites More sharing options...
Avanti Bill Posted July 12, 2022 Share Posted July 12, 2022 Even though really nice cars always bring a premium I'm not sure how the leap was made to this price. Perhaps there is some provenance we are not aware of but generally I think land yachts of this type values have flattened due to market appeal. I agree with the previous post that one sale does not make a trend, but my hat is off to the seller! Link to comment Share on other sites More sharing options...
alsancle Posted July 12, 2022 Share Posted July 12, 2022 BAT has a flat fee over a certain price. I think it caps at 5k. There is no downside to making market if you happen to have a few of these in inventory, or between you and a buddy you own a quanity. Not saying this happened, but I think it has certainly happened in the past. Link to comment Share on other sites More sharing options...
63RedBrier Posted July 12, 2022 Share Posted July 12, 2022 Are those floor pans original? Or, patched together "recreations?" Link to comment Share on other sites More sharing options...
Restorer32 Posted July 12, 2022 Share Posted July 12, 2022 Does 2 sales make a trend? I know of another '59 Biarritz that topped $400k at auction within the last 6-8 months. Surprised me. 1 Link to comment Share on other sites More sharing options...
TAKerry Posted July 12, 2022 Share Posted July 12, 2022 1 minute ago, Restorer32 said: Does 2 sales make a trend? I know of another '59 Biarritz that topped $400k at auction within the last 6-8 months. Surprised me. I would say yes when there are only a few dozen cars being around. Now a mustang or corvette, thats a different story. Link to comment Share on other sites More sharing options...
Jim Skelly Posted July 12, 2022 Share Posted July 12, 2022 22 minutes ago, 63RedBrier said: Are those floor pans original? Or, patched together "recreations?" They didn't look good to me either. Link to comment Share on other sites More sharing options...
John_S_in_Penna Posted July 12, 2022 Share Posted July 12, 2022 (edited) Every collector has his own individual taste. Reading car books from the 1970's and 1980's, I see that the extreme fins were often regarded as a dreadful low point in styling. One book called such styling "low camp." Another opined that the 1959 Cadillac was a "theater of the absurd on wheels." With this Biarritz in bright red, overdone with chrome, and a gaudy bright red and white interior, I'm inclined to agree. It's not in good taste, and despite what someone was willing to pay, it looks like it's trying to "show off," like a showboat actor wearing a bright red suit. When the styling itself is bold, maybe it could be toned down with a softer color. Edited July 12, 2022 by John_S_in_Penna (see edit history) Link to comment Share on other sites More sharing options...
Robert G. Smits Posted July 12, 2022 Author Share Posted July 12, 2022 Interesting story on the buyer who had a taxable income of $28K in 2015 and was a millionaire 8 months later thanks to starting multiple You Tube channels including a gaming channel. I suspect this purchase will be written off as a business expense and be featured on his automotive channel. In that case the more you pay the bigger the write off. You have to admire his innovativeness. Link to comment Share on other sites More sharing options...
Robert G. Smits Posted July 12, 2022 Author Share Posted July 12, 2022 1 minute ago, John_S_in_Penna said: looks like it's trying to "show off," "You hit the nail on the head" as my father used to say!! 1 Link to comment Share on other sites More sharing options...
8E45E Posted July 12, 2022 Share Posted July 12, 2022 4 minutes ago, John_S_in_Penna said: Every collector has his own individual taste. With this Biarritz in bright red, overdone with chrome, and a gaudy bright red and white interior, I'm inclined to agree. It's not in good taste, and despite what someone was willing to pay, it looks like it's trying to "show off," like a showboat actor wearing a bright red suit. In 1959, one bought a Cadillac to "show off" and tell the world that you 'made it' when the brand actually meant something. When I was younger, a neighbor owned a lavender (Heather) colored 1960 Biarritz convertible with the white interior, which was factory. His wife loved the color. Perhaps not as 'loud' as the bright red, that particular shade of lavender still stood it out from ordinary greens, blues, browns, and grays seen on other cars. Craig Link to comment Share on other sites More sharing options...
John_S_in_Penna Posted July 12, 2022 Share Posted July 12, 2022 Just now, 8E45E said: In 1959, one bought a Cadillac to "show off" and tell the world that you 'made it' when the brand actually meant something. I think there were many motivations for buying an expensive car--perhaps the same then as now. The 1959 Cadillacs certainly were noticeable; but in general, many families buying premium cars may have simply wanted, quietly and conservatively, a larger car, a better finished car, greater personalization with paint colors and fabrics. They didn't mean to shout out to the world. I think it's only the man who doesn't have prestige who thinks flashiness will buy him prestige! Link to comment Share on other sites More sharing options...
EmTee Posted July 12, 2022 Share Posted July 12, 2022 5 minutes ago, 8E45E said: In 1959, one bought a Cadillac to "show off" and tell the world that you 'made it'... Some things never change; in this case, it's still a 1959 Cadillac... 1 Link to comment Share on other sites More sharing options...
8E45E Posted July 12, 2022 Share Posted July 12, 2022 4 minutes ago, EmTee said: Some things never change; in this case, it's still a 1959 Cadillac... And they still turn heads today, regardless of one's age. Craig 1 Link to comment Share on other sites More sharing options...
1937hd45 Posted July 12, 2022 Share Posted July 12, 2022 Was that the one Gas Monkey Garage restored? Link to comment Share on other sites More sharing options...
TTR Posted July 12, 2022 Share Posted July 12, 2022 (edited) As I've pointed out before and what many here may not realize or understand that the cost of completely/correctly/fully/professionally restore any car similar to topic example can easily approach half a million $'s, so assuming it (= topic example) or similar car is done to even close to that extent*, +/-$400K can be seen as a relative bargain. * OTOH, 99 out 100 cars like that (or any kind) claiming to be completely/fully restored, really just aren't and most not even close. Edited July 13, 2022 by TTR (see edit history) Link to comment Share on other sites More sharing options...
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