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Current Value ’63 Split Window Second Flight

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Old Mar 1, 2020 | 06:42 AM
  #21  
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Originally Posted by mrtexas
You sound like you are on top of the market. A guy named Tony(of Tony's Corvette Shop) who I met at Bloomington Gold has restored many vettes to national top flight told me that top flight or second flight local means next to nothing. Got to be national top flight. I paid Tony to inspect a 55 local "top flight" for me. He said "run Forrest run."

Beautiful looking car from the pictures you posted.

I'd say someone with assets of approx $100k to buy a split would be selling stock to do it as I would. Loss of 15% in value in a week would slow me down a bit if it weren't a car I just had to have. Corrections usually are short lived. I'm not selling any stock just now. Dividends stayed the same however.

As Warren Buffet the great investor says you make money in the stock market by being patient and taking the money from the impatient. Buy when there is blood in the street.
Tony should have told you that none of those "Flight" ribbons of any rank at any level mean anything the next day....
They are "on the spot" rankings on a car based on a standard for a single day...

NCRS bends over backwards with disclaimers that their award regimen is no indication of a car's value...but people still insist on doing it...
As to the stock market, anybody that didn't think a correction was coming after the stellar run-up of the past 3-4 years is a novice, some virus is just a good excuse for it... As some famous investment pundit said, the most 5 false words every said about the market are:

"This time it is different"
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Old Mar 1, 2020 | 10:00 AM
  #22  
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Originally Posted by Frankie the Fink
Tony should have told you that none of those "Flight" ribbons of any rank at any level mean anything the next day....
They are "on the spot" rankings on a car based on a standard for a single day...

NCRS bends over backwards with disclaimers that their award regimen is no indication of a car's value...but people still insist on doing it...
As to the stock market, anybody that didn't think a correction was coming after the stellar run-up of the past 3-4 years is a novice, some virus is just a good excuse for it... As some famous investment pundit said, the most 5 false words every said about the market are:

"This time it is different"
I'm sorry, but this comment (NCRS awards are only good on the day of the award), just like comments like "a car is only worth what someone is willing to pay for it", are counterproductive and help no one. If someone is looking to purchase a car and they have little prior experience with that type of car, giving SOME information will be helpful in the process of investigation. Knowing that a car was awarded by the NCRS can at least give someone an indication of what type of car they are looking at. They may have been looking for a basketcase to restore, or don't want to pay original engine money. Or maybe they DO want a highly awarded car. It is a START POINT in the search. You make it sound like it's useless information. ANY car, regardless of its advertised status, should be checked out by someone in the know. I think people get that (or they should). But saying the awards do not mean "ANYTHING" the next day is wrong.
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Old Mar 1, 2020 | 10:10 AM
  #23  
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If you want to say its some sort of baseline for consideration, so be it...

If somebody is predicating a hard money purchase decision on it, caveat emptor - just like always...

You can get a Top Flight with a restamped block - it might matter to some..

Last edited by Frankie the Fink; Mar 1, 2020 at 10:24 AM.
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Old Mar 1, 2020 | 10:19 AM
  #24  
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Originally Posted by bb62
I'm sorry, but this comment (NCRS awards are only good on the day of the award), just like comments like "a car is only worth what someone is willing to pay for it", are counterproductive and help no one. If someone is looking to purchase a car and they have little prior experience with that type of car, giving SOME information will be helpful in the process of investigation. Knowing that a car was awarded by the NCRS can at least give someone an indication of what type of car they are looking at. They may have been looking for a basketcase to restore, or don't want to pay original engine money. Or maybe they DO want a highly awarded car. It is a START POINT in the search. You make it sound like it's useless information. ANY car, regardless of its advertised status, should be checked out by someone in the know. I think people get that (or they should). But saying the awards do not mean "ANYTHING" the next day is wrong.
I agree and that is why I asked why the OP car only got a second flight. His answer could swing the price by thousands. So not sure why he never answered.
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Old Mar 1, 2020 | 11:20 AM
  #25  
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you owe it to yourself to get as much as you can for it. outside of any estimates here, put a high price in it and put it on the market and wait and see.

you will get serious lookers and low ball offers. but you will learn as offers come in what price point your car has that make up its value.

provenance, rareness, condition, and originality drive the value of an individual car, and market drives all cars.

top flight cars don't necessarily have their original engine, so a top flight car might have a very wide price point.

take the average price you see for similar condition cars and add 25%.. or more.. pop it on ebay. it only costs a few bucks to test the market.

there are 36 on ebay and 84 on classiccars.com right now. half are SWC, most are fishing for high dollars.
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Old Mar 1, 2020 | 11:38 AM
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Originally Posted by Frankie the Fink
If you want to say its some sort of baseline for consideration, so be it...

If somebody is predicating a hard money purchase decision on it, caveat emptor - just like always...

You can get a Top Flight with a restamped block - it might matter to some..
Frank,

You can get a top flight with a non restamp block providing the cast and date are correct. The vin and assembly stamp are only 25 points each. Case in point for my 300hp 63 car I have a block that is dated three days different than the original. If ever needed, I would install it in the car without touching the broach and stamps. Only difference is a stamp.
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Old Mar 1, 2020 | 12:47 PM
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Originally Posted by tbarb
Frank,

You can get a top flight with a non restamp block providing the cast and date are correct. The vin and assembly stamp are only 25 points each. Case in point for my 300hp 63 car I have a block that is dated three days different than the original. If ever needed, I would install it in the car without touching the broach and stamps. Only difference is a stamp.
I'm well aware and it also makes my point...
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Old Mar 1, 2020 | 12:51 PM
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Originally Posted by mrtexas
You really think reality shows are reality? Good script writers IMHO.
I was being sarcastic.
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Old Mar 1, 2020 | 01:07 PM
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IMO somehow a re-stamp should not justify a value equal to a factory original even with the deduction. NCRS must have realized early on that fake stamps were increasingly more prevlant so to accomodate those owners they felt the need to include them..... My original documented paperwork means nothing which still irks me. begee22
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Old Mar 1, 2020 | 01:33 PM
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The items judged are all lain out in the Judging Guide and Scoring Sheets....

If you go onto the field with anything else that isn't addressed in those documents it shouldn't surprise you that there its not relevant to the final score... Its an "open book" test and there are no hidden surprises.
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Old Mar 1, 2020 | 01:48 PM
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Originally Posted by begee22
IMO somehow a re-stamp should not justify a value equal to a factory original even with the deduction. NCRS must have realized early on that fake stamps were increasingly more prevlant so to accomodate those owners they felt the need to include them..... My original documented paperwork means nothing which still irks me. begee22
I think you are confusing “value” and Flight judging. As many have said, NCRS does not determine value. Just because NCRS (or Bloomington) makes rule changes that allow “restoration engines” not lose enough points to get Top Flight or Gold, it doesn’t mean that, in your words, it results in “a value equal to a factory original.”

Some sellers may try to equate them, but as a buyer I never would.
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Old Mar 1, 2020 | 02:44 PM
  #32  
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I only made my comments because some folks try to counterfeit the engines and pass them off to be the original.

IMO, if your original mill is lost there is a path to top flight without presenting a counterfeit engine, I think if a counterfeit is discovered the judging stops and the car is disqualified and noted.

If the car is presented with a correctly dated/cast block except engine pad stamps it's a honest way to enjoy the benefit of NCRS judging and I for one respect the owner very much for being upfront, after all what else can he do to make the car right.

In all honestly though I would not value the car the same as having the original born with engine.
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Old Mar 1, 2020 | 03:59 PM
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Do awards justify price? Many original expensive parts needed to make top flight , gold etc. have been known to come off a car a day or 2 after scoring and then going onto another for the same purpose....just sayin..
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Old Mar 1, 2020 | 04:21 PM
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Originally Posted by phil2302
Do awards justify price? Many original expensive parts needed to make top flight , gold etc. have been known to come off a car a day or 2 after scoring and then going onto another for the same purpose....just sayin..
IMO, yes and no, it comes down to knowing what you are looking at to determine if the car is in the same condition as when it was top flight. Sadly, for some it's all about $$$ and hard to find parts do find there way for sale and on to other cars.

For the coin these cars bring today it's a good idea to have a NCRS person that is knowlegeable with a specific year inspect the car if you are not sure.
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Old Mar 1, 2020 | 08:02 PM
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I’ve been casually looking for a ‘63 SWC for many years. I feel like the market is up currently and may be at the peak. I’ve thought that many times though. SWC keep surprising me how it goes up and never down. I feel like the values of my ‘67 and ‘66 are down due to less demand as us old folk move on. I want to sell both to get one nice ‘63 someday.
why do I want a ‘63? My birth year but also, my neighbor tore the front end off a Silver over red SWC in about 1970 while racing. It was junked in a field behind our house and I was hooked since then.
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