SCM Analysis
Detailing
Vehicle: | Chevrolet Corvette |
This 1958 Cadillac Eldorado Biarritz “Raindrop” sold for $330,000 at RM’s sale of the Al Wiseman Collection in Tarpon Springs, Florida, on December 1, 2007.
GM prototypes hardly ever come to sale because GM prototypes that do not currently live in a Sterling Heights, Michigan, warehouse were likely long ago transformed into piles of scrap iron as required by the factory. The cars that survived this GM policy are few.
More design exercise than prototype
Unlike GM’s first-tier prototypes, however, this is more of a design exercise and rolling platform for secondary styling cues, not a Cadillac Y-Job or LeSabre. The essence of this car is all 1958 Biarritz, a car with a tremendous presence all by itself but inspired largely from its own prototype, the 1953 Cadillac LeMans. Harley Earl, Cadillac’s senior designer, took many essential parts from the Biarritz, then finished the Raindrop’s body with the convertible top arrangement, bucket seats, 1959-style fins, and a comprehensive de-trimming from the production line automobile.
Interestingly, there is evidence on this Cadillac Eldorado Biarritz of a research-and-development modification to the rear deck. This detail was not mentioned in the catalog or anywhere else, but was visible to the naked eye under Wiseman’s fluorescent lights.
In between the trunk lid and hard convertible top boot exists a small, nearly square, sunken area in the paint. I compared its shape and dimensions with the rain sensor mounted atop the transmission tunnel (the chief reason for the bucket seat arrangement) and found it to be the same. Mr. Wiseman’s chief restorer and mechanic onsite during the sale, Ron Stone, and I discussed this patch at length and wondered if it was perhaps an error made during restoration or if it indeed dated back to 1958, when the sensor might have been moved during construction.
During the automotive portion of the auction, the warm temperatures inside the bidding room chased me out to the entryway. Standing there, I attracted the company of the car’s original restorer, Bill Wedge of Ohio, who said that he found the patch there-most likely marking the original location of the rain sensor-when he redid the car some years ago. Mr. Wedge also said that when he sold the car to the Wiseman Collection in 1994, he’d taken a fairly serious loss on it and was not surprised it failed to meet its low estimate here of $500,000.
Restorer debunked mythic tale
Wedge also debunked much of the mythic tale surrounding the car’s presentation in the catalog. According to him, while the car was indeed the property of and used extensively by Harley Earl in Florida, it had not been cut in half and removed from its frame. Wedge did replace the engine with another 1958 365-ci powerplant with Tri-Power carburetion, but said the frame was the original, not a replacement necessitated by the apocryphal sectioning of the secret prototype.
As presented, the Raindrop Car’s older restoration was holding up rather well, with little apparent signs of use or deterioration. Apart from the top that was never operated during the sale, everything was out for inspection, and the sole glaring flaw to body and paint was the aforementioned and perhaps historically significant square patch.
The car’s history was still not completely clear, and its status as a less-than-top-tier GM prototype contributed to a hammer price well below expectations at this no-reserve sale. That said, in my opinion, one would be hard-pressed to do better anywhere else, and the seller and buyer should both be satisfied.