SCM Analysis
Detailing
Vehicle: | 1932 Ford Hot Rod Roadster — "Golden Rod" |
Years Produced: | 1932 |
Number Produced: | 6,893 |
Original List Price: | $500 (1932 Deluxe Roadster) |
SCM Valuation: | N/A |
Tune Up Cost: | $200 |
Distributor Caps: | $13 |
Chassis Number Location: | Top side of frame, left side |
Engine Number Location: | Top of clutch housing |
Club Info: | Goodguys Rod & Custom Association, P.O. Box 424, Alamo, CA 94507, ph. 925/838-9876, fax 925/820-8241 |
Website: | http://www.goodguysgoodtimes.com |
Alternatives: | 1968 Shelby GT 500KR conv., 1965 Chevrolet Corvette Roadster w/L84 options, Boyd custom-built hot rod |
This 1932 Ford roadster sold at RM’s Amelia Island auction on March 10, 2001, for $84,700, including buyer’s premium.
Although this is a significant and historical hot rod, it is not the first deuce roadster to break the $75,000 barrier in 2001. At Barrett-Jackson this year, a traditional ’32 full-fendered roadster sold for $79,920, while a professionally built ’29 roadster with a deuce frame and grille shell went off the block for $82,080. Market consensus is that the value of original rods will continue to climb dramatically.
To examine the Lentz roadster, the Golden Rod, is to take a step back in time. Rolled and pleated Naugahyde upholstery and a channeled body give it a Lakes look. Its hydraulic “juice” brakes and ’41 Ford spindles were popular period additions, along with the ’49 Mercury engine that has all the performance parts from the 1950s. They include dual Stromberg 97 carburetors on top of a Fenton intake manifold, finned Weiand heads and Mallory ignition.
The significant difference between most other old rods and Golden Rod is its originality. Hot rods were built by fabricators, and most have been altered and realtered over and over again, sometimes to stay in line with current rod fashion, other times just because the owner couldn’t help himself. Hot rods have always been a work in progress, so coming across one that never felt the warmth of a welding torch after it was originally built is exceedingly rare.
The current interest in old hot rods began in the early 1990s when Meguiar’s Award winner and long-time SCM subscriber Bruce Meyer began unearthing forgotten rods that had once appeared in Hot Rod Magazine, restoring them back to their original condition and taking them on the concours circuit. The creation of the Hot Rod class at Pebble Beach in 1997 was the ultimate affirmation of the significance and collectibility of these American icons.
When they become available for sale, the few original rods that exist are generally traded within a group of collectors who have known about the cars for decades. It is rare when one of these “survivors” appears at public auction like this, and the enthusiastic bidding this car engendered is proof of the desirability of this type of survivor. As in the other categories of the collector car market, the focus in hot rods has been on the most original ones. And to get that original patina, you’re going to have to pay.
While the casual collector may be priced out of this level of the hot rod market, cars are still being discovered, so when someone tells you that they’re thinking of selling the old Ford hot rod that’s been stashed in the back of the barn for the past thirty years, it’s in your best interest to go out and take a look.
(Historical data and photo courtesy of auction company.)