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

2019 1
2017 2
2014 2
2012 1
2009 1
2007 1
2004 1

YearAvg. SaleHigh Sale# of Sales
2019$137,500$137,5001
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 Coupe
Chassis#: 69185
Sold for $137,500
  2019 RM Sothebys : Fort Lauderdale
1957 BMW 503 image  1957 BMW 503 image  
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  

Comparables

Similar sales to the $239,675 range.
1963 Apollo 3500 GT Coupe
Chassis#:1003
Sold for $242,000
2019 Worldwide Auctioneers : The Corpus Christi Old Car Museum Auction
1957 BMW 503 vehicle thumbnail image  1957 BMW 503 vehicle thumbnail image  
1963 Chevrolet Corvette Split Window Coupe
Sold for $242,000
2019 Mecum : Dallas
2005 Ferrari 575 Superamerica
Chassis#:Chassis#:ZFFGT61A950143103
Sold for $240,800
2019 Gooding & Company : Pebble Beach
1930 Packard 745 Deluxe Eight Convertible Coupe
Chassis#:185550
Sold for $242,000
2019 Mecum : Monterey
1957 BMW 503 vehicle thumbnail image  1957 BMW 503 vehicle thumbnail image  
1990 DeTomaso Pantera Si
Chassis#:Chassis#:ZDT874000LA009609
Sold for $240,800
2019 RM Sothebys : Monterey
1965 Jaguar 'Series I' E-Type Roadster
Chassis#:Chassis#:1E11439
Sold for $242,000
2019 Worldwide Auctioneers : Pacific Grove Auction
1971 Mercedes-Benz 280 SL 'Pagoda'
Chassis#:Chassis#:113.044.12.018997
Sold for $240,800
2019 RM Sothebys : Monterey
1937 SS 100 Jaguar 2½-Litre Roadster
Chassis#:18114
Sold for $242,000
2019 RM Sothebys : Fort Lauderdale
1957 BMW 503 vehicle thumbnail image  1957 BMW 503 vehicle thumbnail image  
1990 Porsche RUF BTR Carrera 4 Turbo
Chassis#:WP0AB296XLS450197
Sold for $240,800
2019 RM Sothebys : Amelia Island
1957 BMW 503 vehicle thumbnail image  1957 BMW 503 vehicle thumbnail image  
2005 Ford GT
Chassis#:Chassis#:1FAFP90S85Y401421
Sold for $240,800
2019 Gooding & Company : Amelia Island
1939 BMW 327/328 Sports Cabriolet
Chassis#:Chassis#:74626
Sold for $241,385
2019 Bonhams : Les Grandes Marques du Monde au Grand Palais
1934 Lagonda M45 T7 Tourer
Chassis#:Chassis#:Z10646
Sold for $241,385
2019 Bonhams : Les Grandes Marques du Monde au Grand Palais
1958 BMW 503 3.2-Litre Series II Coupé
Chassis#:Chassis#:69344
Sold for $241,385
2019 Bonhams : Les Grandes Marques du Monde au Grand Palais
1949 Delahaye 135MS Coupé
Chassis#:Chassis#:800573
Sold for $241,101
2019 Bonhams : Les Grandes Marques du Monde au Grand Palais
1973 Porsche 911 2.4 S
Chassis#:Chassis#:9113301140
Sold for $240,800
2019 Gooding & Company : Scottsdale Arizona
1972 Ferrari Dino 246 GT
Chassis#:Chassis#:03532
Sold for $240,800
2019 Gooding & Company : Scottsdale Arizona
1931 Packard 840 Deluxe Eight 2/4-Passenger Roadster
Chassis#:Chassis#:47249
Sold for $242,000
2019 Worldwide Auctioneers : Scottsdale, Arizona
1931 Cord L-29 Cabriolet
Chassis#:Chassis#:2928916
Sold for $242,000
2019 Worldwide Auctioneers : Scottsdale, Arizona
1970 CHEVROLET CHEVELLE CUSTOM CONVERTIBLE
Chassis#:Chassis#:136670B168410
Sold for $242,000
2019 Barrett-Jackson : Scottsdale, Az.
2005 FERRARI 575 SUPERAMERICA F1 TARGA
Chassis#:Chassis#:*ZFFGT61A050143927
Sold for $242,000
2019 Barrett-Jackson : Scottsdale, Az.

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

data-full-width-responsive="true">


Vehicle information, history, and specifications from concept to production.

Follow ConceptCarz on Facebook Conceptcarz Google+ Follow ConceptCarz on Twitter RSS News Feed

Conceptcarz.com
© 1998-2019 Conceptcarz.com Reproduction or reuse prohibited without written consent.