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Concours-Ready: 1954 Chrysler Ghia GS-1 Coupe

It’s Scottsdale Auction Week, and also apparently “Sell Your Ghia Week”, given the hefty lot of Ghia-bodied cars we’ve been called upon to write about lately. Better a Ghia-a-day, though, than a diet of Chevy Vega’s, right? Bonhams is representing three of these lovely vehicles and RM Sotheby’s has two. This one, a 1954 Chrysler Ghia GS-1 coupe, is scheduled to sell at Bonhams on January 27th. The estimate is $600,000 to $800,000. Larry D. is responsible for this exotic submission – thanks, Larry! This car comes from the Ramshead Collection, curated by John White of Sacramento, California. Provenance does not end there, however, as Bonhams lists owners from the 1980s, starting with Car Guy Martin Swig. Along its route to Ramshead, the car was treated to a thorough restoration in the 1990s, culminating in its acceptance to and debut at the 1995 Pebble Beach Concours d’Elegance. The restoration has remained nearly ageless over the years, just about guaranteeing the new owner an entree to any Concours.

Devotees of the Chrysler hemi will know this engine as one of the progenitors of the entire breed: the 331 cu. in. FirePower V8, installed in many Chrysler models produced from 1951 through 1958. Here, it is coupled with a four-barrel carburetor. Horsepower is estimated at 180 and the transmission is a PowerFlite automatic, making this car a cruiser rather than a racer. As expected, the engine bay is as immaculate as the rest of the car.

The interior is resplendent with wool and leather, trimmed to complement the Turquoise paint coat. Beauty aside, it is up to bidders to determine what works and what does not; cars that are less driven than shown can dish out niggling – or more serious – mechanical and electrical failures. Here, the courtesy light on the roof above the passenger’s side is not lit.

We cannot complete this article without a mention of rarity and value. The Chrysler Ghia Specials owe their existence to contention and collaboration among a stew of characters including Felice Boano, Luigi Segre, K.T. Keller, and Virgil Exner from Chrysler. A disagreement between Boano and Segre put Ghia into the hands of Segre, who was eager to accept assignments from Keller. Keller’s “Idea Cars” would prove that Chrysler could play the style game, too. The collaboration between Exner and Ghia put Ghia on firmer financial footing and gave Chrysler a much-needed boost in the marketplace. Still, only about fifty examples of “Idea Cars” were made, and just nine of them were GS-1s. Five survive today. So rarity will certainly be a factor in the final price. Meanwhile, at Mecum’s Kissimmee auction this year, a 1955 Chrysler Ghia sold for $770,000. This same car had failed to sell at a previous auction with an estimate in the $1 million area. RM’s candy-apple red Ghia, covered the other day by Adam Clarke, is estimated at $500,000-$800,000. But I’ve never seen such an onslaught of Chrysler Ghias coming to market at once – is it possible that the appetite for these fine cars will wane after the first couple of examples hammer?

Comments

  1. Big C

    I wonder why there is a glut of these rare, super expensive cars for sale. Sort of reminds me of 2007. Hmm. What happened way back then?

    Like 9
  2. Will Fox

    Compensating for investments that haven’t done so well in a soft market maybe? Have to let something go.

    Like 5
  3. Michelle Rand Staff

    The two Ghias at RM (covered at Barn Finds previously) sold yesterday, at the low end of each estimate. This one sells today.

    Like 3
  4. Clovis

    I would use it for a daily driver.

    Like 5
  5. Bruce

    There are only 7 of the ever made and I had a chance to work on one of them. They look like the worlds largest VW Karman Ghia. What is fun is if you look at them the center line of the car is not the real center but is offset about 4″.

    We did the Red and Cream one. From the car center line crease to the back of the door was new metal fabricated on an English Wheel. Made the same way the original metal was made and that includes all the chrome and the bumper. It was wrecked after it was purchased of the show turnstile from the New York Auto show of the day in1953. Went to Venezuela to an oil baron down there. Got badly wrecked and a putty artist filled in to a depth of over 3″ in many spots to make it look good but when we were finished it was considered to be a Superb Restoration by an English Classic Car magazine. It made a few shows including the Pebble Beach show.

    They are made with thick metal and are both simple and almost tank like strong. I would not wish to own one but sitting in one is a real treat but far bigger than the cars I like. I am a Lotus owner so what can I say. LOL

    I hope this one finds a good owner and it both gets driven and shows up at many shows for they are truly beautiful designs.

    Like 18
  6. Shuttle Guy Shuttle Guy Member

    Another one? They’re coming out of the wood work lately. Wish I could afford one.

    Like 4
  7. Sam61

    It is a beautiful car but I’m not “feeling” the interior color choice with the turquoise paint…IMHO.

    Doesn’t matter since I’m not a man of means. Although I could offer up a VW Karmann Ghia and swap out the VW for Chrysler badging.

    Like 2
  8. robbert

    Front heavy otherwise a beautifully balanced design.

    Like 1
  9. Michelle Rand Staff

    Sold for $802,500 including buyer’s premium.

    Like 3
  10. Robt

    Curious. What is the pump running off the back of the generator on these? Power steering maybe?
    Awesome cars. Way out of budget.

    Like 0
  11. Ward William

    I would be shocked if this did not do at least a million. You don’t find these at the bottom of a cracker jack box.

    Like 0

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