Vehicle Details
- Year: 1970
- Make: Porsche
- Model: 911E Targa
- VIN: 9110210444
- Mileage: 23,128
- Transmission: Manual
- Title Status: Clean
- Color: Conda Green
- Seller: Bill_Noon
- Seller Type: Dealer
- Location: San Diego, CA 92116
- Dealer Fees: None
- Lot #: V-0007617
We are pleased to present this exceptional 1970 Porsche 911E Targa finished in Conda Green over a black leatherette and Houndstooth interior. This example is reported to have been under the long-term ownership of a PCA member in the United States before being acquired by an individual in Mexico City. In 2018 during its time in Mexico, this Targa was fully disassembled and subjected to a complete bare-metal restoration over the course of 17 months. Upon the completion of the restoration in January of 2020, this 911E was imported to San Antonio, Texas where it remained in the owner’s private facility before being acquired by the seller in September of 2020. A truly impeccable number’s matching example presented in a masterfully restored state, this 911E Targa is now being offered by its seller in California complete with original manuals, restoration documents, and historical records nearly dating back to the original purchase.
For collectors today, the Conda Green (222) finish on this example remains one of the most desirable shades of green of the long-hood era. It was offered on 911 models between the years 1970-1972. Beginning in February of 2018, this Targa was dissembled and stripped down to bare metal before being completely refinsihed in its factory original color. In addition to its iconic brushed silver Targa bar and wrapround rear glass, this 911E features painted Cibie fog lights added to the hood and genuine Fuchs wheels. The car is described to be in immaculate concours-condition.
Inside, the interior was reupholstered in its correct black vinyl material with Houndstooth fabric front seats inserts. The cabin is noted have been restored to like-new standards with all gauges and accessories working properly. The Certificate of Authenticity lists U.S Market Equipment and Tinted Glass All-Around, as well as a rear window wiper which is reported by the seller to have most likely been a typo. Approximately 23k miles are shown on the 5-digit odometer, of which only 25 are said to have been driven since the restoration.
As part of a complete mechanical overhaul, the 2.2 L flat-six engine (no. 6201193) was rebuilt and fitted with carburetors in place of the original fuel-injection system. Approximately 155 HP is sent to the rear wheels through a number’s matching type 911/01 5-speed manual gearbox (no. 6201193). The suspension, steering, and braking systems are also reported to have been totally restored during the restoration. After the seller’s purchase, this 911E was brought to James Millar for a complete service and inspection at a cost of $2,600. It was then delivered to Wayne Baker’s Personalized Autohaus for additional sorting and set up at a cost of $4,600, to ensure the highest level of operating standard for its next owner.
This sale will be accompanied by a set of two keys, original books and manuals, restoration documents, a clean title, historical records, and a Porsche Certificate of Authenticity. With a total of $234k invested in this multi-year restoration, this Targa makes an ideal selection for any Porsche collector or concours enthusiast.
Auction Results
- Highest Bid: $99,750
- Auction End: Dec 28, 2020 07:01:57PM UTC
- Number of Bids: 22
Comments (59)
My many thanks Ladies and Gentleman!
I dropped the reserve to a silly number and we came very close. I am sure PCARMARKET will be working with the high bidders now to try and close a deal.
Until next time, best of luck to all and a very Happy New Year!
Bill
RNM?
Bid in the amount of $99,750
Bid in the amount of $99,500
Air fair to Zurich will be $4,050 USD.
Bid in the amount of $98,911
My many kind thanks Ladies and Gentleman for all your bids. I am available for any last minutest questions if needed.
I am also working quickly for a shipping quote to Switzerland and one two Germany and will post them if I get them in time. Air rates to Europe right now are only pennies higher than ocean shipping. I have never seen lower air rates ever in the past 30 years of doing this.
My best to all,
Bill Noon
Bid in the amount of $96,000
Bid in the amount of $95,070
Bid in the amount of $93,911
Bid in the amount of $86,000
Bid in the amount of $84,000
Good morning and many kind thanks @Plenkov, @VelocePilota, @bq11waller and @Elio for your bids and in some cases, multiple bids.
PCARMARKET has posted additional requested photos. The mileage shown on the odometer is current now as about 70 miles have been added during inspections and test drives.
Our service, sorting and final restoration bills have been posted as have a full set of spreadsheet records documenting the full restoration, timeline and expenses for all work.
I will be available until the auction ends with last minute requests and assistance as needed. My very best wishes to you all with this auction. One fortunate bidder is about to have his or her life changed for the better forever!
Bill Noon
Restoration information has been added to the listing gallery.
Bid in the amount of $83,000
Bid in the amount of $82,000
Bid in the amount of $79,161
Bid in the amount of $78,911
Bid in the amount of $77,000
Bid in the amount of $76,000
First my absolute many thanks to:
@Logichere04
@doctorrgwdc
@VelocePilota
@Creative1com
for each and all of your bids. There is still time to contact me and let me know if I can assist further in anyway with anything before this auction ends tomorrow morning.
My absolute apologies to all who have requested additional photos and the records and receipts for the restoration and our own most recents service, sorting and dialing in expenses to finish off this magnificent Porsche.
I have not been able to reach any of my contacts at PCARMARKET since last Thursday so unfortunately everything I have been trying to upload to the gallery has not gotten through yet.
I was under the assumption that if you used the “CONTACT SELLER” button, I would be able to direct email you the photos, records and spreadsheets. This function does not work and it only allows private messages. I am going to try and respond and see if I can include my email address. That we you can email me directly and I will be able to send the requested additional information, photos and records.
Bare with my while I try and see what can be done.
If all else fails, I will try and request PCARMARKET extend the auction so this information and additional details can be fairly shared with all.
Kind regards and my thanks always,
Bill Noon
Bid in the amount of $75,000
Bid in the amount of $71,500
Bid in the amount of $71,161
Bid in the amount of $70,911
Good evening @VelocePilota,
My thanks for your question and patience. Max expense for shipping to any city or town within 30 miles of Boston will be $1950.
For the Gentleman from Montreal, I have a full-time, full-service, cross-border agent that can assist with direct delivery and all fees and documents. Call me again or text me please your email address and I will put you in touch with them for direct quotes. I have a Ferrari leaving for Ontario in a week or two but don't think the same truck will be able to assist on this potential movement.
By the way, I shipped a car to a client in PEI... Never knew Canada's smallest and prettiest Province had so many classic car fans.
Best wishes,
Bill
Good afternoon @doctorrgwdc,
I have submitted our two service bills to PCAR for posting in the gallery. You will have to use the "CONTACT SELLER" button if you want me to email the spreadsheets documenting the remainder of the restoration as I could not work out a way with PCAR to post such things in the gallery as the gallery is for photos only.
I look forward to your email.
Wait... I just checked. I think I have your email address already in my data base. Are you a Dr. that shares the same name with a famous Hollywood actor?
If so I have an email address for you and will use that one.
Kind regards and best wishes,
Bill Noon
@Bill_Noon yes, I would like to see the documents if you might make them available.
Good afternoon @VelocePilota,
I will check with InterCity Lines and Reliable. I get good rates from both. InterCity is based just outside of Boston and likely can provide a better rate. More to follow as soon as I hear back.
Cheers,
Bill
I won’t be able to travel to inspect and drive this car before the auction ends. I've talked with others and I'm sure the car is as represented. I'm just not sure where I will take my bids... hahaha
Can you provide me a shipping quote to the greater Boston area, enclosed and insured?
Many kind thanks @VelocePilota for your multiple bids. Let me know if I can assist with shipping quotes or anything else before the auction ends on Monday.
Best of luck,
Bill Noon
Bid in the amount of $66,500
Good afternoon @Porscheguy,
Thank you for your kind comments and excellent questions. I have hard copy receipts for the initial sorting and set up work we had done on this Porsche after its purchase. The first bill totaled $2,207.27. The car then went to Wayne Baker’s “Personalized Autohous” for additional sorting and set up work after the extensive restoration. Our final bill there came to $4,595.37. I will forward these to PCARMARKET so they can be posted in the photo gallery. Our total direct expenses for the final sorting and set up of the car came to $6,802.64.
Prior to this, the former owner, Emilio Cruz contracted with Manuel Marquand, owner of Vintage Specialties, Inc. to complete the restoration. It was initially estimated the restoration would cost $55,000 in labor and $21,960.80 in parts for a total of $76,960.80.
Work began in the Fall of 2015 and finished initially in early 2017 but the car still required additional work, sorting and set up which did not finally finish until January of this year. His actually total cost for this work was $220,340.34. Emilio Cruz then spent an additional $8,110 before selling the car to us. His total direct cost for all work, not including the purchase of the car was $228,450.34. Including the cost of the car, he was nearly $300,000 into it at the time of our purchase.
All totaled, the restoration expenses come to $235,252.98. The initial $220,340.80 is carefully documented in a large spread sheet and I am happy to email that and the original estimate contract to any interested parties. I am afraid I don’t know a practical way to turn this into a photograph that could he posted in the gallery so direct email will be best.
I have an album for this Porsche and early on Monday I will go through it and see if there are any additional photos or documents that I can scan and post in the gallery.
Can I assist with anything else at this time?
Kind regards,
Bill Noon
Good afternoon @doctorrgwdc,
Thank you very kindly for your bid. Please let me know if I can assist further in way.
Remember all are most welcome to bid early bid often, bid until it hurts... ...then come back and bid a again! My children are hungry and need new shoes for their feet!
Have a wonderful weekend,
Bill
Beautiful car, amazing color and love the driving clip. However, I have some questions about the validity for the restoration details.
Do you have paperwork or receipts for the restoration that amounted to $228,000?. Do you have pictures of “before” and “during” restoration? I would be interested to see bare tub pictures etc.
what is the name of the shop in Mexico who did the restoration?
Color, color, color!. Color alone should command a good price!
Good luck
Bid in the amount of $66,161
I have a 70’E Targa soft window and mine has headrests.
It may be optional when ordered.
The YouTube video is now posted in the gallery above.
Cheers,
Bill
Here is a YouTube video link of this car. Can someone please let m know if it works:
https://www.youtube.com/watch?v=3BZl-IQ6_l0
Kind regards and best of the holidays to you and your families,
Bill Noon
Good afternoon @Porscheguy,
Please check your messages when you have a moment and let me know if Monday morning at 10:30AM will work for you.
The auction ends later that day.
Have a wonderful holiday,
Bill Noon
@carsinc Good morning @carsinc,
I am not sure about either. You may be right. Anyone else care to chime in?
Have a wonderful Christmas,
Bill Noon
Shouldn't this year 911 have head rests?
Vinyl bolster on inside of top are incorrect.
Nice car a lot of time and effort went into it..
Good afternoon @VelocePilota,
Many kind thanks for you bid. Please let me know if I can assist further with inspections, test drives, shipping quotes or anything else that might assist with your further bidding decisions.
Best of luck and best wishes,
Bill Noon
Good afternoon PCARMARKET fans,
I was asked about the current registration and title status on this Porsche. For clarification, this Porsche is owned outright by our company and it is titled, registered and has plates from the State of Montana with all documents in our company name.
We also preserved all the Mexican ownership documents and license plates and the car can return there with no additional fees or charges other than shipping.
During recent test drives, quite a few more miles have been added to the car. A total of 61 additional miles have been added since this auction went live. Total indicated mileage is now 23,189 miles.
A cold compression test was done and all cylinders are exactly the same at 120psi.
The rear main seal oil weep has not changed and it is still leaving a drop or two every few days. We are hoping additional miles will see the seal expanding and will keep monitoring this during additional test drives.
I was able to take some short walk around, starting and driving videos and will try and download them to YouTube and then post them here for all to see.
Kind regards,
Bill Noon
Bid in the amount of $65,911
@Bill_Noon thanks Bill, you are always up front on things! Much appreciated!
Good morning @doctorrgwdc,
Great question. Without giving away the reserve, I would certainly buy it back again for anything less than $120K and my guess is $130K to $145K will be where the bidding easily goes. After that it will take at least two motivated potential owners to see where the final bids end up.
I look back at it from the perspective former owner. He bought the car, rust and accident free with no damage but needing full restoration for $60,000 USD. At the time when he bought it the market was cooking hot and good examples were well over $200K. His timing however was off as by the time he finished the restoration, he had spent $228,000, plus his initial $60,000 to buy the car. He was nearly $300K into the car but the market was about 1/2 his total cost.
Whoever ends up with it now is essentially getting the car for free and paying pennies for a complete and total restoration that could not be even remotely duplicated today without committing financial suicide.
Where do you see current value today for such a machine?
Kind regards and best of luck with the sale,
Bill Noon
@Bill_Noon fair enough, what does your expertise tell you FMV is for a car like this?
Good morning @doctorrgwdc,
The reserve is a fraction of the cost to restore this vehicle. It will be sold at far less than 50% of the total expenses and nothing more than fair market value. We would not have offered it for sale here if it was not priced to realistically be sold. The new fortunate custodian will be getting the bargain of the decade and a car that could not be reproduced for three times the selling price.
Cheers,
Bill
Not sure who would put 225k in to the restoration of a car like this but if that is the reserve or even close to it, it certainly won’t sell.
fabulous car!
@Bill_Noon thank you and let’s see how it progresses!
Many kind thanks for your bid @doctorrgwdc!
Please let me know if I can assist further in anyway with inspections, test drives, shipping quotes or anything else that might assist you further with bidding.
Kind regards,
Bill Noon
Fantastic.
Bid in the amount of $65,000
Three new photos have been posted to the photo gallery!
Welcome PCARMARKET fans everywhere! This spectacular Targa is much more than it's gorgeous “CONDA Green” paint. The previous owner spent absolute insane amounts of money and time to the tune of $228,000 restoring the car from the bare tub up. The reserve is less than half that amount!!!
We purchased the car from the gentleman that restored it with no driving time on the car since the work was done. We sent the car immediately to James Millar and then Wayne Baker for final restoration, sorting and set up. We initially put 25 additional miles on the car and then yesterday I put another 25 on it taking it home to use for our annual Christmas card.
There are two items that I wanted to point out. The divers side door has a micro-star paint imperfection. I tried many times to get a photo of this but could not get it to show up. I finally tried with my old I phone and got a fairly decent photo and will post that to the gallery shortly. The only other issue I noted is a minor oil weep form the rear main seal. It leaves a drop or two of oil if left in the same spot overnight. The engine barely has break in time on it so not sure if the seal there will swell up with more use. I will be monitoring this and update if there is any change.
The car is available for any manner of inspection and test drives and I am happy to assist with world-wide shipping quotes as needed. We are getting some insane air fair rates to Europe that are essentially the same as going by ocean in an exclusive container. I have never seen such low air fair rates. VAT for the UK and any EEC resident is only 5% and there are no additional duty charges owed on a European import.
Let me know how else I can assist and best of luck to all with this auction,
Bill Noon