I have owned 1956 Continental chassis C56B2034, a 20k mile (actual) example purchased in Auburn in 1998 and sympathetically restored by D&D to the point where it was a Meadowbrook class winner in 2007. My favorite moment was at Bay Harbor in Petoskey, where no less than Tom Gale stuck his head in the car and said, “You know, they were never this straight from the factory.”
I have followed the Mark II market for years, always believing that they were grossly undervalued, even for very good cars, until I realized that that was not completely true. While they have not brought big prices in the East and Midwest, cars at the Scottsdale and Monterrey auctions have, exceeding $100k and in one case even reaching $300k! For comparison, years ago, people were astonished when Elvis’ Mark II brought something like $250k (memory is hazy on that, I’d be grateful for a correction if I’m wrong).
After being both and active buyer and seller at Auburn for almost 30 years (I live only 20 miles from the auction site), I’ve pretty much quit selling at live auctions, and the Continental featured here is one example why- everyone wants you to go no reserve, and, in some cases, the minimum value to put on a reserve can be $200k or higher! (note: Auburn is not yet one with a giant reserve requirement, but they are just as protective of their sell-through rates as anyone else- one of their guys estimated my car in the $60’s, wouldn’t THAT have been fun! I missed the auction for the first time in decades this year.