1957 BMW 503 Coupe / 69116 Chassis Information

1957 BMW 503 photograph

1957 BMW 503 photograph

1957 BMW 503 photograph

1957 BMW 503 photograph

1957 BMW 503 photograph

1957 BMW 5031957 BMW 5031957 BMW 5031957 BMW 5031957 BMW 503
Coupe
Chassis #: 69116
Engine # 30101
Sold for $165,000 at 2012 Gooding and Company - The Scottsdale Auction.
After World War II, BMW relocated to Munich and marketed motorcycles, returning to automobile production in 1952. In 1954, they introduced their new aluminum V-8 engine which served as a replacement for the pre-war inline-six engine. The new V8 was designed by Alfred Boning and loosely based on the cast-iron American V-8. The engine produced the company with performance stability and provided a means to return to sports car production. At the 1955 Frankfurt Motor Show, BMW introduced their exciting new models. Alongside the legendary 507 was the 503 Coupe. Designed by Raymond Loewy understudy Count Albrecht von Goertz, the two new models were sensational. Pinin Farina even proclaimed the 503 as the most beautiful car in the show.

Production of the custom-made 503 began in 1956. They were luxurious, had a sporty persona, and expensive. In 1957, BMW introduced the Series II 503 which implemented the 507 V-8 engine offering 140 horsepower and 188 lbs./ft. of torque. This gave the alloy-bodied 2+2 a top speed of 118 mph.

Though a very impressive automobile, both visually and mechanically, just 412 examples of the model 503 were built, of which 139 were cabriolets.

This 1957 BMW 503 Series II Coupe, chassis number 69116, is powered by a 3168cc overhead valve aluminum V8 engine breathing through dual Zenith carburetors. It produces 140 horsepower and has a three-speed manual column shift gearbox. There are four-wheel hydraulic drum brakes and an independent front suspension by upper and lower A-arms.

It was a special order car and finished in the color of Ultramaron Metallic over saddle leather with brown piping. It was imported by Mr. Max Hoffman and eventually sold to an owner in Manitowoc, Wisconsin, on March 8th of 1957. In 1962, William Forde purchased the BMW from the original owner in Wisconsin. Mr. Forde was a resident of Rochester, Minnesota. Shortly after acquiring the car, Mr. Forde became an enthusiastic member of the BMW Car Club.

In 1971, the car was put into dry storage where it remained for approximately three decades until Mr. Forde passed away nearly 40 years after his initial acquisition of the car.

The cars next care taker was a Santa Barbara resident who took ownership of the car with it having just 39,000 original miles. Since then, the car has been given a re-paint in its original color of Ultramaron Metallic. Some of the chrome trim was replated; the interior remains intact and original.

In 2012, the car was offered for sale by Gooding & Company at their Scottsdale, Az. auction. The car was estimated to sell for $165,000 - $195,000. The car found new ownership for the sum of $165,000, inclusive of buyer's premium.


By Daniel Vaughan | Feb 2012

2012 Gooding and Company - The Scottsdale Auction

Pre-Auction Estimates :
$165,000-$195,000 
Sale Price :
$165,000

2017 2
2014 2
2012 1
2009 1
2007 1
2004 1

YearAvg. SaleHigh Sale# of Sales
2017$371,787$583,0002
2014$275,000$330,0002
2012$165,000$165,0001
2009$231,000$231,0001
2007$165,000$165,0001
2004$165,000$165,0001

Recent Sales

(Data based on Model Year 1957 sales)
1957 BMW 503 Cabriolet
Chassis#: 69090
Sold for $583,000
  2017 Bonhams : Quail Lodge
1957 BMW 503 image  1957 BMW 503 image  
1957 BMW 503 Coupe
Chassis#: 69.181
Sold for $160,574
  2017 Coys at Olympia
 
1957 BMW 503 CABRIOLET
Chassis#: 69146
Sold for $330,000
  2014 Bonhams Quail Lodge Auction
1957 BMW 503 image  1957 BMW 503 image  
1957 BMW 503 Coupe
Chassis#: 69185
Sold for $220,000
  2014 Gooding & Company - Amelia Island Sale
1957 BMW 503 image  1957 BMW 503 image  
1957 BMW 503 Series II Coupe
Chassis#: 69116
Sold for $165,000
  2012 Gooding and Company - The Scottsdale Auction
1957 BMW 503 image  1957 BMW 503 image  
1957 BMW 503 Cabriolet
Chassis#: 69146
Sold for $231,000
  2009 Pebble Beach Auction : Gooding & Company
1957 BMW 503 image  1957 BMW 503 image  
1957 BMW 503 Convertible
Chassis#: 69146
Sold for $165,000
  2007 Vintage Motor Cars in Arizona
1957 BMW 503 image  1957 BMW 503 image  
1957 BMW 503 Convertible Coupe
Chassis#: 69146
Sold for $165,000
  2004 The Monterey Sports and Classic Car Auction
1957 BMW 503 image  1957 BMW 503 image  

Vehicles That Failed To Sell

1957 BMW 503's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1957 BMW 503 Cabriolet by Bertone691462013 RM Auctions VILLA ERBA$240,000  

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Vehicle Profiles

Chassis information for the BMW 5031957 Cabriolet
Coachbuilder: Bertone
Chassis Num: 69090
Engine Num: 30088
Chassis information for the BMW 5031957 Coupe
Chassis Num: 69116
Engine Num: 30101
Chassis information for the BMW 5031957 Cabriolet
Coachbuilder: Bertone
Chassis Num: 69146
Engine Num: 30152
Chassis information for the BMW 5031957 Coupe
Chassis Num: 69185
Engine Num: 30211
Chassis information for the BMW 5031958 Cabriolet
Chassis Num: 69283


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