74 Carrera @ Russo Sold for $305,000

The Copper Brown Metallic with tan interior 1974 Carrera 2.7 MFI chassis #911 460 0947 sold for $305,000 USD (approximately 263,000 EUR) at Russo & Steele's Scottsdale auction last night.

Prices for long hood 911s appeared to pull back considerably during this weeks Scottsdale auctions. However, Porsche models which have more recently been recognized as collectable, such as the 930/964/993 Turbos and Carrera 2.7 MFI, all continued to benefit from strong sales prices. What this holds for the future is unknown, but undoubtedly there is much broader recognition for several important Porsche 911 models which have been overlooked for at least the last decade by longtime Porsche pundits. This pattern also appeared in other marques where cars from the '70s and '80s sold exceptionally strong, including 365 GT4 BB, 512 BBi, 288 GTO, E30 M3, etc. It is interesting to note that many car enthusiasts who had posters of these cars on their walls, including impact bumper 911s, are just now coming into their peak earning years.