P656 Baker Family Tool Shop Liquidation

- Lot 158

Date Of Appraisal: 01/20/21 Location: Yorktown, VirginiaPurpose: Develop An Appraisal For A 1957 Studebaker Silver Hawk To Determine The FairMarket/Actual Cash Value (Fmv/Acv) As A Requirement To Summarize Asset Valuation For AnEstate.Year: 1957 Make: Studebaker Model: Silver HawkBody Style: 2-Dr CoupeExterior Color: RedInterior Color: White/RedOdometer Reading: 5,353 Miles (Represented As Excess Of Mechanical Limits)Vin: 578c35990 (As Shown On Title, Not Verified On Vehicle)Other Data/Codes: Firewall Tag �57h-C3 5990� Indicates President Line Silver HawkCoupe, 5,990 Out Of 9,607 ProducedAppraised Fmv/Acv: $13,800 Observed ConditionThe Subject Vehicle Was Available For Physical Inspection. The Vehicle Was FullyOperable/Functional At The Time Of Inspection. The Value Will Be Based On The Following:Body/ExteriorOverall Very Good Condition. Refinished In A Two-Tone Red Similar To The Original Montero Red.Vehicle Displays Some Storage Dust, But Paint Shows Good Gloss With Minor Flaws And ModerateOrange Peel. There Is No Existing Or Prior Evidence Of Collision Or Major Rust Repair. All GlassAppeared To Be In Good Condition With No Obvious Cracks And All Weatherstripping Is Intact � DoorStrips Have Been Replaced With Noted Deteriorated Sections Around The Vent, Rear QuarterWindows And Fender Air Intake Doors. Rear Chrome Bumper Plating In Very Good Condition WhileThe Front Shows Slightly More Wear And Patina. All Trim Appears To Be Present And In GoodCondition With Typical Patina Or Pitting On Pot Metal Items Like Door Handles And Trim. StainlessSteel Trim Is Straight With Very Few Dings. All Doors And Opening Panels Operate Properly AndPanel Gaps Are Consistent. The Vehicle Serial Number Plate On The Driver�s Door Post Has BeenPainted Over And Could Not Be Read.Frame/Substructure: Overall Good Condition. Separate Body And Frame Structure Appeared Sound, Displaying OnlyTypical Surface Rust, But No Areas Of Structural Concern Or Damage. Interior: Overall Very Good To Excellent Condition. The Two-Tone Vinyl Red And White Upholstery, SimilarTo The Original Has Been Replaced, Including Seats, Door Cards, Headliner And Carpet And Is In Excellent Condition. The Steering Wheel Has An Aftermarket Cover. An Aftermarket Am/Fm/Cassette Radio And Speaker Has Been Installed. All Gauges, Switches And ControlsAppear To Operate Properly Except The Clock. An Aftermarket Shift Lever Has Been Installed ToOperate The Upgraded 4-Spd Automatic Transmission.Engine: Overall Good Condition. The Engine Block Displays A P54817 Code Which Is Consistent With A1957 Studebaker V8 And Is Likely The Original Engine � A 289 C.i. V8 With A Two-Barrel Carburetor(210 Hp). The Engine And Engine Compartment Displayed Typical Soiling, But No Evidence Of Damage Or Significant Leakage. Service Replacement Items Have Been Used Throughout Including Spark Plug Wires, Hoses, Filters, Battery And Radiator Cap. The Engine Started After A Few Attempts And Maintained Idle After Brief Warm Up. Blue Smoke From The Exhaust Indicated Oil In TheCombustion Chambers Either Due To Fuel Diluted Oil Or Mechanical Wear (Note That The Vehicle HadNot Been Driven For Over Seven Months). Transmission/Differential: Overall Very Good To Excellent Condition. Fully Operational Upgraded 4-Speed AutomaticTransmission (Likely A 700r4 Or 2004r Gm) With Open Differential. Transmission Operates In Forward And Reverse Gears. All Components Are Functional And Showed No Signs Of Leakage Or Damage � Only Typical Soiling And Surface Oxidation. Suspension & Brakes: Overall Good Condition. Front Coil And Rear Leaf Springs/Tubular Shocks Appeared To Be Functioning Properly And Ride Height Was Reasonably Level With Proper Suspension Geometry.The Manual Front And Rear Drum Brakes Appeared To Function Properly And Exhibited A Firm BrakePedal. Exhaust:Overall Very Good Condition � Fully Functional Newer Upgraded/Welded Dual Exhaust SystemWith No Evidence Of Leaks Or Damage. Wheels/Tires:Overall Very Good Condition. Factory Style Steel 15� Wheels With Studebaker Stainless Steel Full Wheel Covers In Good Condition Showing Some Pitting, But No Curb Rash. Four Matching Coker. Classic 205/75r15 Wide Whitewall Tires In Very Good Condition Showing Even Wear As Follows:Lf=9/32�, Lr = 9/32�, Rr=9/32�, Rf=10/32�Steering ComponentsOverall Good Condition. Power Steering System Displayed No Excessive Play At The SteeringWheel.Major Accessories/OptionsPower SteeringRoad Test EvaluationThe Vehicle Was Backed Out Of A Garage For Inspection And Photographs And Returned, But NotDriven On A Public Road. Vehicle Was Fully Functional With No Detracting OperationalCharacteristics Other Than The Noted Blue Exhaust Smoke. Engine And Transmission PerformanceConsistent With The Installed Configuration. No Other Unusual Sounds Or Smells Were Noted.Appraised Value MethodologyThe Physical Condition, Specifications/Options And Mileage Are Compared With Other VehiclesAvailable For Sale And Priced In The Local Market Initially, And Then Expanded If Limited LocalAvailability. Adjustments Are Made With Respect To The Variances Between The Comparables AndThe Subject Vehicle In Terms Of Options And Condition. The Adjusted Values Of The ComparablesAre Averaged. In Addition, The Current Nada, Hagerty And Collector Car Price Guide ValueReport May Be Included In The Average For The Fmv/Acv.References And Comparatives:Comparables:Comps Were Selected That Were Similar In Year, Model, Configuration And Condition To The SubjectVehicle.Comp#11957 Studebaker Silver Hawk � White, 289 4v, Automatic, Restored/Upgraded, Auction Sale,Bat 9/14/2020 $17,250, Adjustments: Condition/Equip. (-$3,000) $14,250Comp#21957 Studebaker Silver Hawk � White/Red, 289 4v, Automatic, Restored/Upgraded, AuctionSale, Bat 11/21/2018 $13,900, Adjustments: Condition/Equip. (-$2,000) $11,900Comp#31957 Studebaker Silver Hawk � White/Red, 289 4v, Automatic, Restored/Upgraded, AuctionSale, Bat 9/21/2017 $15,000, Adjustments: Condition/Equip. (-$1,500) $13,500Comp#41958 Studebaker Silver Hawk � Gold, 289 4v, 700r4automatic, A/C, Restored/Upgraded,Classified � Cadillac, Mi, $16,740 Adjustments: Condition/Equip. (-$2,500) $14,240Price Guides2020 Collector Car Price Guide: #3 Condition $12,600Nada Price Guide: Average Of Low ($12,350)/Average ($20,100) Retail $16,225Value Calculation:Average Of Comparables/Nada (Rounded To Nearest $100): $13,800Other Adjustments � N/A $0Calculated Value $13,800Positives Or Adds (+) To ValueVehicle Is Complete And Functional And Can Be Placed Into Service As Is, Upgraded Transmission,Very Solid Body And Frame With Overall Good Overall Exterior And Very Good Interior Cosmetics.Negatives Or Subtractions (-) From Value:Exterior Paint Refinish Quality Is Only Average And Some Trim And Weatherstrip Deterioration. MayHave Excessive Engine Wear. Inconsistent Title Identification Number.Discussion:In 1957 The Silver Hawk Was One Step Down From The Golden Hawk, But Had Almost IdenticalBody Lines And Basic V8 Drivetrain Configuration. This Vehicle Presents Well Overall And TheCurrent Condition Would Be Described As A Weekend �Driver,� Meaning That The Overall CosmeticsAnd Appearance Would Need Work To Reach A Higher Value Standard. The Market For MostStudebakers Has Been Consistent, But Lower On The Average Than Similar Cars From The Big ThreeAuto Manufacturers Of The Era.Disclaimer: This Report Represents A Professional Opinion Only And The Preparer�s Liability Is Limited Only ToThe Fee Charged For The Preparation Of This Document. - Lot 3000

- Lot 164

- Lot 159

3 Ft - Lot 161

Downtown Newport News Va. - Lot 160

- Lot 163

Many Different Sizes, Largest Size Pictured - Lot 166

4 Door Hatchback, Driven 113,971 Miles, Vin Knadc165236161966, Runs And Moves, Left Front Tire Leaks Air, Dent And Paint Wear Pictures, Needs Battery/Battery Charged, Not Road Tested, Rough Idle, Cuts Off At Idle Speed, Will Likely Need A Tow. Title Present. - Lot 306

Includes Scythe, Two Person Saw And A Corn Sickle. Rust Present. Measurements For Largest Piece - Lot 165 Dimension: 68H

- Lot 170 Dimension: 26H

- Lot 168

- Lot 169

- Lot 297

Powers On, No Wire. - Lot 173

Also Includes Magnavox Dvd Player. Imac Untested, Tv Turns On, 33 Inch - Lot 174

Both Plastic, Both Need Repair. Largest Measurements Listed - Lot 171 Dimension: 48H

3 Ton, 6000 Lbs - Lot 172

Rust Present - Lot 177

5 Speed, Needs Ether To Start, Runs, Doesn�t Idle, Moves, Dents Pictured, Cuts Of When Goes To Idle, May Need Wrecker, Not Road Tested, Vin Wvwad63b75e084112, Mileage 242,978. Title Present. - Lot 307