Court Ordered Online Auction Tomorrow (June 2) - North American P-51D Mustang

[Strychnine]

DFWmustangs ballers, unite!



1944 North American P-51D Mustang
25NT Serial #44-84896
Additional Packard Rolls Royce V1650-9 Engine


History / Previous Identities:
1963: N5416V, Lake Air Corp, Michigan City IN
1966: N5416V, James Keichline, Huntington Park CA
1973: N5416V, Ken Scholz, Playa Del Ray CA
2004: Ken Scholz passed away,
2011: N5416V, Marlene Scholz, Playa Del Ray CA
2012: Marlene Scholz passed away
2014: rep. part of estate auction

http://www.estatesales.net/CA/Torrance/90505/872457

6/2/2015 10am (Tue)

Airport Dr
Torrance, CA 90505

Estate Auction
Previews Taking Place At The Airport
By Appointment Only
Auction Conducted Online
Details at CWSMARKETING.COM

Terms and Conditions:
Preview is By Appointment Only: Call Sean 714-264-5740
Deposit Required to Bid: Cashier's Check Only; $25,000 for P-51; $2,500 total for Temco Swift, Packard Rolls Merlin and PT-22 Project
Final Payment by June 9th, Cashier's Check or Bank Wire Only
Removal: By Appointment Only
15% Buyer's Premium
High Bid Must Be Approved By The Court

[inline 6]

Shes old and neglected. Will take twice what is paid to get her airworthy again.

[LaserSVT]

So which one of you ballers are buying it?

[Strychnine]

Shes old and neglected. Will take twice what is paid to get her airworthy again.

Yup. I've been digging into it's past and it doesn't sound pretty

I remember this P-51 sitting in the weeds at Torrance back around 1968. The radiator was missing (looks like it still is). Somewhere I have a picture of myself as a 10 year old boy looking dreamily into the cockpit.

Ken Scholz bought N5416V in 1973. How much was it flown? Good question. I have no photos of it running or in the air. It was stored outside for several years, then moved inside his hangar where it sat - rarely touched. Ken, regarded as a nice and approachable man, passed away in 2004 and then his wife Marlene in 2012. The P-51 along with an extra Packard-Rolls Merlin are up for auction.

This aircraft will have to be completely rebuilt to be airworthy - this could include all new skins, new longerons, new wings, new cockpit, new Merlin, prop ... the list goes on and on. The final tally will be a considerable investment.

This was 1991

[inline 6]

After I posted that I thought to myself that my statement of "twice what was paid for it" was a bit optimistic. Its more of a yard ornament at this point.

[Strychnine]

After I posted that I thought to myself that my statement of "twice what was paid for it" was a bit optimistic. Its more of a yard ornament at this point.

Yup.


Fucking cool yard art though!

[David]

If someone/group is willing to restore a B17 that was a roof ornament to flying condition, someone will do the same for this.

[Broncojohnny]

Some billionaire will be all over that thing

[Sleeper]

it will be restored. It makes you wonder how many offers he had over the years to sell it.

At the end of the day its a freaking p51. even un restored would make a good museum piece.

[Slowhand]

Some billionaire will be all over that thing

Rod Lewis of San Antonio is probably your guy.

[Scott Mc]

Who was looking for a plane? As far as buying for yard art, fuck yea I would if I had it. That's baller status IMO.

[mk5.0]

Friedkin out of Houston ...

[Tremor14]

ls swap and done.

[CJ]

it will go for a hell of a lot more than 25k, lol.

[Strychnine]

it will go for a hell of a lot more than 25k, lol.

that's just the cost to be able to place a bid