Lee Pearl 1970 W-30 Convt. 4 speed
September 6th, 2012, 07:39 AM
#1
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Lee Pearl 1970 W-30 Convt. 4 speed
1970 442 W-30 Convertible 4 speed California car. This is a know 100% documented (including pictures when it was new) and number matching 1970 442 W-30 Convertible 4 speed originally ordered with the W-27 possibly the only one of the 96 built. I have owned the car for 35 years and all of the old olds guys know me and this car. Restored by Level One Restoration 2011. Pictures of the restoration and some of the documentation at levelonerestoration.com
Significant options: w-30, 3:91 w-27, rally pac, car ordered with poverty caps.
Car has been shown at 2011 SEMA, 2011 Oldsmobile Nationals (best of class), 2011 Muscle Car Nationals and 2011 Detroit Autorama.
significant discussion and pictures of the car on the Supercar Registry at: http://www.yenko.net/ubbthreads/ubbt...ble#Post450559
The restoration was also discussed in detail on the CO site.
Contact Lee Pearl for further information email smartpearl1@yahoo.com
$325,000 partial trades considered.
Significant options: w-30, 3:91 w-27, rally pac, car ordered with poverty caps.
Car has been shown at 2011 SEMA, 2011 Oldsmobile Nationals (best of class), 2011 Muscle Car Nationals and 2011 Detroit Autorama.
significant discussion and pictures of the car on the Supercar Registry at: http://www.yenko.net/ubbthreads/ubbt...ble#Post450559
The restoration was also discussed in detail on the CO site.
Contact Lee Pearl for further information email smartpearl1@yahoo.com
$325,000 partial trades considered.
September 6th, 2012, 03:45 PM
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Lee, I am humbled by your attention to every detail and have read many of your posts. I salute you & your effort, and more importantly the proof of that dedication . All the best, Brett
September 7th, 2012, 07:02 PM
#7
Sammy70 455 Supreme
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October 6th, 2012, 05:26 PM
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7500 views on the auction, 400 watchers and two hard offers in the low two's. Not too bad for my first month selling the car. At least someone likes the car besides me.
Lee
Lee
December 1st, 2012, 09:34 AM
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yep, I agree with Lee, that type of restoration and price range precludes the necessity to drive it in the spring.
I still don't think the general market recognizes the rarity of a 442 convertible let alone a 4-speed W30. And that's fine with me cause it keeps the prices realistic.
There were only 2933 442 convertibles made in 1970. What's interesting to see is that 18% of all 442 convertibles were four speeds but 36% of W30 convertibles were four speeds.
If this was a Plymouth or a Chevy the rarity of Lee's car would most likely double if not triple its value - just my opinion.
I still don't think the general market recognizes the rarity of a 442 convertible let alone a 4-speed W30. And that's fine with me cause it keeps the prices realistic.
There were only 2933 442 convertibles made in 1970. What's interesting to see is that 18% of all 442 convertibles were four speeds but 36% of W30 convertibles were four speeds.
If this was a Plymouth or a Chevy the rarity of Lee's car would most likely double if not triple its value - just my opinion.
April 23rd, 2013, 05:12 AM
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April 23rd, 2013, 05:43 AM
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lol.........yes I waited till spring/summer. This is a new Russo and Steele auction in Newport Beach CA. The location is a one minute drive or five minute walk from my house. It makes sense for R&S and me too. So far I am very impressed by their organization. I know our own Joe P. hates auction ****** but this is not a resale red restoration going to auction. It is a known car, very public restoration that has been seen by very many collectors. The people on this group actually helped me on the restoration. Stefano of Nicky Chicago helped me with this connection. Thanks Stefano!!!! Another friend, Dave from this group has also helped me with his Gooding connection. I appreciate all of you and the long friendships over the years. If the rally red car being discussed in another post ends up with a higher sale it will be another sad day in the auction world. It is time to move my special car to another caretaker. I had many interested people with the limited marketing of my car. It is now in the good hands of the folks at R&S to sell my car. Lee
Last edited by leepear; April 23rd, 2013 at 06:15 AM.
April 23rd, 2013, 06:14 AM
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April 23rd, 2013, 09:59 AM
#21
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Good luck.
April 23rd, 2013, 10:56 AM
#22
As one of THE "benchmark" W-30s, I had heard a lot about this special Olds and had even seen some pics of it.
I was very enthusiastic to learn that Lee had accepted the invitation to bring the car to Chicago for the 2011 MCACN show.
This W-30 did not disappoint. Pictures do not do this car justice. The history, provenance, quality of restoration and stewardship of the current owners is second to none.
It was awarded top honors.
Thanks for sharing the car with all of the Olds aficionados, as well as all the other patrons and MCACN supporters.
Best of luck at the auction!
I was very enthusiastic to learn that Lee had accepted the invitation to bring the car to Chicago for the 2011 MCACN show.
This W-30 did not disappoint. Pictures do not do this car justice. The history, provenance, quality of restoration and stewardship of the current owners is second to none.
It was awarded top honors.
Thanks for sharing the car with all of the Olds aficionados, as well as all the other patrons and MCACN supporters.
Best of luck at the auction!
April 23rd, 2013, 11:31 AM
#23
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71
I've still got your 71 parts... W30 carb and dist if you need them back !
After you sell your car for a record amount, can I say "Lee Pearl's w30 parts!" ??
haha Take care.
Last edited by Vader; April 23rd, 2013 at 06:47 PM. Reason: haha
April 23rd, 2013, 12:42 PM
#24
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I think anybody that has ANY association with collector Oldsmobiles knows of the debacle concerning the Rally Red car. That's my choice of name for that car, because I don't think anyone REALLY knows what it is!!!
Now, let's see what a REAL ONE sells for. The '71 Gooding offered and sold did quite well. People questioned whether or not the color was preferable, there was scuttlebutt about the M-22.
Lee's car, in my opinion, is the one the others should be judged by/against.
Good luck, my friend and may you and Russo Steele set a new World Record!
Now, let's see what a REAL ONE sells for. The '71 Gooding offered and sold did quite well. People questioned whether or not the color was preferable, there was scuttlebutt about the M-22.
Lee's car, in my opinion, is the one the others should be judged by/against.
Good luck, my friend and may you and Russo Steele set a new World Record!
April 24th, 2013, 08:29 PM
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Wow! Thanks Dave, w-27 Joe, Stefano and other friends (yes includes Joe P). Another known car just went pp for over $300k and non w-27 too. I know an auction is a crap shoot but it will be fun and if the car goes unsold it will be another chance to get it out into the public forum. I did all the show circuit that i could afford so getting it to an auction a few minutes from my house will be easy. Lee
Last edited by leepear; April 24th, 2013 at 08:58 PM.
June 18th, 2013, 08:27 PM
#27
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The car goes to the auction site tomorrow. I got stuck in between a Bugatti Veyron and a famous Ferrari 330 at the very end of the auction Saturday evening. Let the boozing begin!!! and bid high! Lee
June 19th, 2013, 10:17 AM
#29
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That car is amazing! I would personally rather have 10 other not so rare but nice 442s then this one, but I guess if I could afford to have 10 other cars, I would probably be able to afford a couple 300k+ ones as well :-)
Good luck at the auction!
Good luck at the auction!
June 19th, 2013, 05:26 PM
#30
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I agree that you need to enjoy your cars. My 1970 is a museum piece and I don't have any business with a car like this. My 1971 will be a driver as long as I own it and I am keeping my Sunbeam Tiger (not restored). I was just lucky to find the 70 30+ years ago and because the car turned out to be a significant part of the Oldsmobile Muscle car era I felt the need to restore it properly and show it as much as I could afford. It has been shared (I am poor now) and is ready for the new caretaker. Lee
June 19th, 2013, 05:41 PM
#31
Lee, I have followed your car on this site and read the nice article in this months MCR Review. I didn't post on it at the time but wish you good luck with your sale. It is an exceptional car and worth every penny of the asking price IMHO.
June 19th, 2013, 10:09 PM
#32
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so true
yep, I agree with Lee, that type of restoration and price range precludes the necessity to drive it in the spring.
I still don't think the general market recognizes the rarity of a 442 convertible let alone a 4-speed W30. And that's fine with me cause it keeps the prices realistic.
There were only 2933 442 convertibles made in 1970. What's interesting to see is that 18% of all 442 convertibles were four speeds but 36% of W30 convertibles were four speeds.
If this was a Plymouth or a Chevy the rarity of Lee's car would most likely double if not triple its value - just my opinion.
I still don't think the general market recognizes the rarity of a 442 convertible let alone a 4-speed W30. And that's fine with me cause it keeps the prices realistic.
There were only 2933 442 convertibles made in 1970. What's interesting to see is that 18% of all 442 convertibles were four speeds but 36% of W30 convertibles were four speeds.
If this was a Plymouth or a Chevy the rarity of Lee's car would most likely double if not triple its value - just my opinion.
June 20th, 2013, 03:11 AM
#33
June 22nd, 2013, 07:57 AM
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You can watch the auction live at russoandsteele.com They have a live feed. Car will be around the 8 pm hour pacific time actual time 8:20 ish. See you all tonight, I will wave to the classic olds forum family......Lee
