Owners of any given car can auction their car(s) off for any given reason. You can auction the car off to get profit from an investment, to raise funds for another car, health reasons, etc. Sometimes, however, it’s not the owner’s choice for the cars to be auctioned off. Especially if the cars were purchased through illegal means. David Nicoll amassed some very rare classic American muscle cars during his time as president of New Jersey’s Biodiagnostic Laboratory Services (BLS for short). Now, Nicoll is facing somewhere between 17-22 years in federal prison for bribery charges. His small collection of classic American muscle cars will be crossing the auction block on September 12 at a U.S. Marshal’s Service public auction in Lodi, New Jersey.
David Nicoll purchased his car collection literally through the blood of hours. During his time as president of BLS, the FBI and the U.S. Attorney’s Office say that Nicoll received $33 million dollars in payments from a medical blood test bribery scheme that he personally oversaw for 7 years, and which netted well over $100 million dollars in total revenue. Per the prosecution, BLS would bribe physicians to send their patients for medical tests which were often unnecessary, to be paid for by insurers. Not one to be sly and frugal with his illegal gains, Nicoll was an extravagant spender. It’s on FBI and IRS record that he spent $154,000 at a gentlemen’s club, over $400,000 in sports tickets, $700,000 on an apartment for his “female companion,” and over $5 million dollars in cars.
But, we’re not here to discuss fraud and extravagant spending on things like housing, clubs, and sports. We are here, my friends, to talk about his fabulous taste in classic American iron.
Nicoll did not spend those ill-gotten $5 million dollars on chrome-clad Lamborghini Aventador’s or diamond-enrusted Rolls-Royce Ghosts. His collection did, however, include a few Ferrari’s. Instead, the bulk of that money was spent on some of the finest, rarest, and most expensive classic muscle cars ever created. The inventory list of the A.J. Willner auction looks like a “best of 1967-1970.” For sale are a: 1967 Shelby GT500, a 1969 Chevrolet Yenko Nova, a 1969 Chevrolet Yenko Camaro, a 1969 Chevrolet Yenko Chevelle, a 1970 Plymouth HEMI Superbird, a 1970 Chevrolet Chevelle SS 396 L78/L89 Convertible, and a 1970 Ford Mustang Boss 429. Here’s the scoop on these cars:
- 1969 Chevrolet Yenko Nova. This is quite possibly one of the most coveted and valuable cars to be crossing the block. It is a Rally Green 1969 Chevrolet Yenko Nova. One of only 37 ever produced and believed to be only one of seven original Yenko-built Nova’s remaining, the Yenko Nova was said to be the fastest of the Yenko supercar trio because of it’s light weight. It was able to get to 60 mph in just 4 seconds. That’s about how long it takes a modern Porsche Boxster to get to 60. Just like the other two Yenko supercars, the Nova is powered by Chevrolet’s answer to the 426 HEMI – the powerful L72 427 cubic-inch (7.0 liters) V8 Chevrolet big-block V8. Nicoll purchased the car for $580,000, but classic coveted muscle car sales have been a series of peaks and valleys for the past few years. The pre-auction estimate is about $475,000 or so, as another Yenko Nova sold for that in 2012 at the Indianapolis Mecum auction. We shall see what the car will fetch at auction.
- 1969 Chevrolet Yenko Camaro: While “mass market” is a relative term for classic Yenko supercars, the Yenko Camaro and Chevelle were produced in slightly higher quantities. Yenko only produced 201 Camaros and 99 Chevelles. FBI records show that Nicoll spent about $365,000 on his Le Mans Blue Chevelle. The amount spent on his Camaro was not disclosed.
- 1970 Plymouth HEMI Superbird: Nicoll didn’t limit his purchases to just Chevy’s – he bought a Tor Red 1970 Plymouth HEMI Superbird. He bought the most valuable cars from the Big 3 (sorry, AMC!). On the Mopar front is an extremely rare 1970 Plymouth Superbird with the 426 HEMI dressed in a stunning coat of Tor Red. Plymouth only produced 135 Superbird’s with the 426 HEMI, and this car is one of even fewer HEMI ‘Bird’s with the 4-speed manual.
- 1967 Ford Mustang Shelby GT500: I’m not exactly sure of what the color is, but it looks like it is Lime Gold Poly. Even if it’s a different color, it doesn’t make it any less stunning. The GT500 is powered by Ford’s powerful 428 cubic-inch Police Interceptor V8 (7.0 liters) putting power down to the wheels through a Ford C4 3-speed automatic transmission.
- 1970 Ford Mustang Boss 429: This particular Boss 429 is finished in Grabber Green. It is powered by Ford’s NASCAR-intended 429 cubic-inch V8 (7.0 liters) “semi-hemi” engine. It puts the power down through a four-speed manual transmission. It is quite possibly the most valuable Mustang ever created, with only 859 ever produced.
Those with a good deal of money wanting a bone-stock, amazing muscle car will almost certainly want to be in Lodi, New Jersey on September 12, 2014, for the U.S. Marshal’s Service Auction through A.J. Willner Auctions. You can view the cars at A.J. Willner’s website at http://www.ajwillnerauctions.com/auctions/us-marshals-seized-vehicle-collection