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NOM value question

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Old Nov 20, 2012 | 01:29 PM
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Default NOM value question

I saw a recent thread the other day where someone wanted a correct 519 block for his c1. One of the respondents mention a supplier who has lots of these engines and could re-stamp as needed. My question is, how much value is added by having a correct block thats properly dated? And is it worth more to have it stamped correctly even though the original engine is long gone? I don't think I would pay anymore for that then I would if it had a 283 out of an Impala.
Bob
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Old Nov 20, 2012 | 01:55 PM
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You probably won't like this answer but it is the only correct one. The value is the amount a willing buyer and seller will exchange the car and money for. There are plenty of auctions and other sale venues to make that determination.

In general, the subject of NOMs just brings out the irrational in this forum. There are people who won't pay a dime extra for a NOM car, correct restamped block or not. They have their own reasons an no one can make 'em to do otherwise. That is as it should be. There are also others who will pay some premium for a restamp, and that is an individual judgment none of us is in a position to challenge. The biggest objection I read in these threads about restamps is that they invite fraud. Maybe, but when just about every nut, bolt and screw on these cars is available in reproduction, every car is going to be valued individually on how original it actually is and what condition it's in. How does one tell whether certain bolts and trim pieces are originals or repops?

If what you want is a completely original, unrestored car in perfect condition, you will pay an extraordinary price. Then there's everything else inbetween. Why people treat NOMs differently than any other replacement part for these cars in terms of valuation has no basis in logic. The parts in question are either original or they're not. Figure that when deciding how much you want to pay for a car, and that decision is yours and yours alone.
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Old Nov 20, 2012 | 02:03 PM
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Bill
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Old Nov 20, 2012 | 02:06 PM
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with post #2

well written......
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Old Nov 20, 2012 | 02:33 PM
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Originally Posted by Avispa
There are people who won't pay a dime extra for a NOM car, correct restamped block or not.
I don't know of anyone who would. Original engine car maybe, but not a NOM.
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Old Nov 20, 2012 | 02:40 PM
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Originally Posted by Avispa
You probably won't like this answer but it is the only correct one. The value is the amount a willing buyer and seller will exchange the car and money for. There are plenty of auctions and other sale venues to make that determination.
I have no ill feelings about your answer at all! I was just curious as to "why" someone would go to the trouble and expense of finding a 519 block that's within the correct date period and or have it restamped. I do understand that some people will try to pass it off as original but is that the only reason or will it increase the value enough to some people to make it worthwhile. Of course it still comes down to what someone is willing to pay, no different than any other car correct or not. I've been happy just making my nom 60 look correct because I like the original look. With that said if the consensus was that I could increase my value by a several thousand by installing a date correct 519 block I might consider doing it as long ad I would not have to pass it off as original but just as a period correct.
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Old Nov 20, 2012 | 02:47 PM
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Originally Posted by waltonb123
I was just curious as to "why" someone would go to the trouble and expense of finding a 519 block that's within the correct date period and or have it restamped.
Depends on what the owner of the car wants to do with the car. If they wish to go to NCRS with the intention of gaining the a Top Flight, then having a correct appearing engine maximizes that potential.

Some people have no intention of going to NCRS but what their car to be an accurate representation of what the car was new (I'm one of those with regard to most aspects of my 62) and there's a sense of closure for having parts that have aligned dates/numbers.

Some do not plan to go after NCRS but wish to maximize their potential sales price later.

And then others (and I'm one of those with my 65) enjoy the NOM-ness of the car, and the fact that I can drive and enjoy the car without worrying about the risk to an original engine.
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Old Nov 20, 2012 | 02:55 PM
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i'm of the 'if it fits and works, then use it' persuasion...
Bubba Bill
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Old Nov 20, 2012 | 03:09 PM
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Originally Posted by wmf62
i'm of the 'if it fits and works, then use it' persuasion...
Bubba Bill
I'm sorta like that except that I just can't help myself from spending way too much on original parts that I will never get back out of it if I choose to sell it.
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Old Nov 20, 2012 | 03:29 PM
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I'm going with post # 2 and 9.
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Old Nov 21, 2012 | 08:14 AM
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Here's another thought: 50 years from now that NOM properly dated engine will surprisingly morph into the "original" engine.
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Old Nov 21, 2012 | 08:44 AM
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Originally Posted by Steve59
Here's another thought: 50 years from now that NOM properly dated engine will surprisingly morph into the "original" engine.
Or by January in Scottsdale.



Paul
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Old Nov 21, 2012 | 08:48 AM
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Originally Posted by Steve59
Here's another thought: 50 years from now that NOM properly dated engine will surprisingly morph into the "original" engine.
There is a lot of merit to this statement.
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Old Nov 21, 2012 | 11:25 AM
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I installed a date correct 519 block in my '61 last year. I am attempting to restore it to as original condition as possible. But I chose to leave the stamp pad blank. I knew it would cost me NCRS points for not being stamped and not having the broach marks - but I also knew that the car would likely be sold later when I retired or my children would sell it in an estate sale when I am gone.
I didn't want to re-stamp the pad because I feel that some owner down the line would be deceived, and I didn't want to be a contributor to intentional or un-intentional deception.

Kevin
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Old Nov 21, 2012 | 01:38 PM
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Originally Posted by Blu72
I installed a date correct 519 block in my '61 last year. I am attempting to restore it to as original condition as possible. But I chose to leave the stamp pad blank. I knew it would cost me NCRS points for not being stamped and not having the broach marks - but I also knew that the car would likely be sold later when I retired or my children would sell it in an estate sale when I am gone.
I didn't want to re-stamp the pad because I feel that some owner down the line would be deceived, and I didn't want to be a contributor to intentional or un-intentional deception.

Kevin
Although I am a member I have never and probably will never have a car judged but just out of curiosity, what would be the difference in point deduction between a correct block that is not restamped and and an incorrect block? Or will they not even judge it?
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Old Nov 21, 2012 | 01:54 PM
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Originally Posted by waltonb123
Although I am a member I have never and probably will never have a car judged but just out of curiosity, what would be the difference in point deduction between a correct block that is not restamped and and an incorrect block? Or will they not even judge it?
If the block has the wrong casting number, 350-point deduction.

Correct casting number but date out of range, 175-point deduction.

Block casting number and date OK, but blank pad or detected restamp, 88-point deduction.

Block casting number and date OK, engine plant stamp OK, assembly plant VIN derivative stamp OK, pad surface OK, zero deduction.

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Old Nov 21, 2012 | 02:08 PM
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Originally Posted by JohnZ
If the block has the wrong casting number, 350-point deduction.

Correct casting number but date out of range, 175-point deduction.

Block casting number and date OK, but blank pad or detected restamp, 88-point deduction.

Block casting number and date OK, engine plant stamp OK, assembly plant VIN derivative stamp OK, pad surface OK, zero deduction.

Now it makes sense, thanks John!
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