Classic Buick Brokerage

1971 Cortez Gold GSX Automatic – $59,000

This Cortez Gold GSXwas professionally appraised by a member of the International Society of Appraisers who is on the advisory board of the NADA on 11/11/09 and was found to be #2+ to #1- in condition. It was determined on that date that the appraised value is $58,550, which reflects the accurate market value of this car in this current economic climate.

The GSX is a low body number car (000960) and has been registered in the GSX Registry since 1999, and was a participant in the BPG GSX Reunion in the summer of 2009, in Columbus, Ohio. It can be seen in two photos on page 35 of the November 2009 issue of Muscle Car Review Magazine, and was selected by the magazine to represent the Cortez Gold GSXs in the line up of the seven ’71 GSXs. It is also shown on page 35 as the second car from the right in the front row of the group photo showing all of the GSXs.

The GSX is a numbers matching 455 automatic car with the following options:

-GSX ornamentation package (with front spoiler and no hood tachometer)
-Black Strato bucket seat interior and full operating console
-Rallye steering wheel
-Rallye gauge cluster including tachometer
-Tilt steering column
-AM/FM radio
-Cruise control
-3.42 positive traction differential
-F-41 rallye ride and handling suspension package
-15 x 7 chrome road wheels
-N-25 rear bumper and exhaust system
-Air conditioning
-Power steering
-Power brakes

The following are the various numbers on this GSX:

BODY NUMBERS

Body build date: 03E
Body number: 000960
Front fender LH P/N 1231387 date code: 14
Front fender RH P/N 1231786 date code: 15
Deck lid date code: 11X 2
Core support date code: Not legible

FRAME NUMBER

Part number: 1237139 (correct number for 455 big-block GS &GSX)
Build date: 2-12-71

ENGINE NUMBERS

Engine code (455 4BBL): TR
Engine block casting number (455): 1238861
Engine block date code: C 22
Intake manifold casting number: B-1236403
Intake manifold date code: C 27
Valve cover LH P/N 1232069 date code: 114
Valve cover RH P/N 1232068 date code: 109
Carburetor number (Q-jet): 7041540
Carburetor date code: MF (top) 0831 (bottom)
Distributor number: 1112104
Distributor date code: 1C 3

TRANSMISSION

Type: Turbo Hydramatic 400
Transmission code & date code: 71C-393
71-BS 2094
GLASS CODES

Front: LOF Replacement
Door LH: AS2 LN-4 M7A
Door RH: AS XN-4 M74
Quarter LH: (Numbers below weatherstrip)
Quarter RH: AS2 LN A74

DEALER

PEAIRS BROS BUICK 24-219
BOX 638 BUICK
BELLFLOWER CALIF 90707

The numbers matching engine was machined and assembled by Mike Phillips at Automotive Machine & Performance in Philpot, Kentucky, where it made 475 horsepower through the numbers matching quadrajet carburetor, factory intake manifold and exhaust manifolds while maintaining a stock appearance. As a matter of my own personal preference, I have added the reproduction chrome Stage 1 valve covers and the Stage 1 decal to the air cleaner.

The car is a fully functioning car that needs nothing. The only things that do not function on the car are the light in the map light mirror (mirror glass needs to be removed and the bulb needs to be changed), and the AM side of the AM/FM radio.

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1970 GS Stage 1 4 Speed – SOLD!

SOLD! - This is one serious seller.  Frame-off restoration, original engine, carb, distributor, rear axle, etc. Replacement M22 transmission. Meticulous restoration completed last year. How does it get any better than a factory fire red 4 speed 70 Stage 1 without air conditioning?  This ones gotta go!  SOLD!

We’ve got a over 30 pics of this beauty!  Follow the jump to see the whole gallery!

(more…)

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1970 GS Stage 1 Convertible – $130,000

Completely matching numbers down to its original carb and distributor. I know this because I owned the car for 10 years back in the 80s / 90s. The current owner had the car frame-on restored and brought it back to 100 point status. Originally a North Carolina car with full documentation including protect-o-plate and original bill of sale,  this car has never been rusty and even has all of its original sheet metal. Special order Riviera azure blue paint. I have never seen another GS painted azure blue from the factory although I’m sure there must have been several. Top shelf ultimate drop-top musclecar! $130,000.

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1970 GSX Stage 1 4 speed – $95,000 – SOLD!

SOLD! Non original motor but real stick Stage 1 GSX! Minor cosmetics needed but very hard GSX to find. The very few Saturn yellow GSXs built with Stage 1 engine and 4 speed are the most coveted GSX of all!  $95,000. SOLD!

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The Stage 1 R.O.I.

Record deficits. Taxes. Unemployment. Global warming. Consumer confidence. Wall Street. Terrorisim. China. Housing turmoil. These are just some of the many headlines in any newspaper or on-line stories every day. With all that is going on around us, how are we to know what to do with our financial decisions? Many, many people are clue-less or just plain afraid to make any decisions and I do have to admit that any big decision should not be taken lightly.

In the collector car market, as a general rule of thumb, prices here have taken a hit as well. Average cars that used to bring 50-60K are now trading for half that, and in some cases less. Much higher end cars too have taken a hit, which mean even bigger losses for those who bought when prices were high. However, the upper end cars are still trading hands and prices are strong. The key to good return on investment is to buy the highest horsepower versions. In other words, buy a Hemi-car instead of a 440. Buy the LS6 Chevelle instead of the LS5. In the Buick community, buy the Stage 1 instead of the GS350. Notice I said ”return on investment”. These are not cars that you would drive every day.Unfortunately, these cars are to be frame-off restored, stored in climate control and be rarely driven. Not much fun, but neither is having money in the stock market. At least in the collector car market, you can go out to the garage and touch your investment. Are you sure you can do that with your stock market investment tomorrow? It may not be there.

This, I think, is why money seems to again be flowing into collector cars. Usually when the markets are in a downturn or in turmoil, collector car values go up. This is happening again. I always remember reading an article years and years ago that lamented the fact that when the stock market went on sale, people ran away, and when it was red-hot and over-priced, people were jumping in.( Just like those who bought their cars when the market was red-hot.) Don’t make that mistake! Right now, collector cars are on sale and they are starting their upward edging again.

With that in mind, take a look at some of our offerings. We have many hi-end cars that we feel have bottomed in value and heading back up, and also some good solid muscle-cars that you can actually take out and have FUN with and still feel secure that your investment is not only a good value but that you can also enjoy. A muscle-Buick as most of you know, is very rare, very fast, and very luxury-oriented. You can not do any better. Buy one. It is later than you think.

-J.K.C.

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