Jaguar Jargon www.jaguarclubofpittsburgh.com Volume 38, No. 1 JANUARY 2015 JCOP to be Represented at 2015 AGM in Philadelphia JCOP members Don Johnson, secretary, and Bryan Williams, board member and chief concours judge, will represent the Jaguar Club of Pittsburgh at the 2015 AGM March 20-21 in Philadelphia. Gary Kincel, JCOP first vice president, also will attend as North Central regional director and business manager. The AGM is JCNA’s annual meeting for adopting administrative and corporate policies and voting on any bylaws changes and new business. Details about the AGM can be found at jcna.com. La Tavola Ristorante, New Stanton, PA February Dinner Meeting Set for Feb. 28 Bill and Brenda Cooper will be our hosts at JCOP’s first dinner meeting of 2015, to be held on Saturday, Feb. 28 at La Tavola Ristorante, 400 South Center Ave., New Stanton. Reservations are due by Feb. 19. For details, see pages 4 and 5. Come join us as our new president, Bill Cooper, provides an update about club events scheduled this year. Directions can be found on the restaurant’s website, www.latavolas.com. JCOP Members Receive 2014 JCNA Awards By Bryan Williams For the 2014 Concours d’Elegance show season, 6 Jaguar Club of Pittsburgh members will receive International and regional awards. John and Beth Kufleitner, in only their first year of competing and showing in only the Jaguar Club of Ohio and Pittsburgh shows, received first place North Central regional award for their freshly restored 1964 Opalescent Maroon, open two seater E-type. John showed in the very competitive Champion Class 05. We hope to see John in more shows for the 2015 season. Above, John and Stuart Steinberg, left, another member who competed in only 2 shows, (Jaguar Club of Ohio and Pittsburgh shows), received a first place North Central regional award for his highly modified 2004 Jupiter Red convertible XKR. Continued on page 6 Beth Kufleitner’s E-type; At right, at the awards ceremony, Scott Drab, left, and Bryan Williams, right, with John, his son Tanner, and Kevin Boyle. JAGUAR JARGON PAGE 2 Jaguar Club of Pittsburgh 2015 OFFICERS and BOARD of DIRECTORS President: 1st Vice President: 2nd Vice President: Treasurer: Secretary: Bill Cooper Gary Kincel Cecile Canales Jack Terrick Don Johnson 412-496-2595 412-638-2715 412-322-3104 724-837-7497 412-653-5796 [email protected] [email protected] [email protected] [email protected] [email protected] Directors (voting): Rich Aronson Pete Galinowski Dan Herrmann Dave Murray Charlie Roberts Bryan Williams 412-561-5390 412-761-4484 412-680-0875 724-722-3309 412-741-3398 412-751-2355 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] Associate Directors: (non-voting) Gene Daniele Ed Graham Jack Mancuso Tony Rocco Matt Sanfilippo 724-379-7583 412-828-8461 724-221-0529 724-777-6347 412-427-0459 [email protected] n/a [email protected] [email protected] [email protected] Chief Concours Judge Newsletter Editor Webmaster Bryan Williams 412-751-2355 [email protected] Candy Williams 412-751-2355 [email protected] D. Sean Williams [email protected] Coventry Garage LLC CAR STORAGE/SALES We specialize in late model, low mileage, under warranty Honda, Toyota, Nissan, and all Jaguar used cars. Let us help you find your next used car. 1969 Blue E-Type Coupe. “Survivor” 1972 BRG E-Type Coupe 2+2-“Garage Find” 2007 Chevy Silverado 1500 2WD-8FT Bed “We buy Jaguars and other British makes.” Call Dan 412-680-1639 or Gary 412-638-2715 for more details. JJA AG GU UA AR R JJA AR RG GO ON N President’s Message PAGE PAGE 33 By Bill Cooper Happy New Year to all as we roll out 2015. I am pleased to be entrusted with the leadership of this club, now in its 43rd year and going strong. The club has evolved over the years and will continue to go in new directions. I am anxious to hear from members, either directly or through a board member regarding ideas for different types of event you believe would appeal to the membership, or just to see you involved in planning or supporting an event. I have certainly fallen behind on the car projects this past year, and still need to get one of my Jags back on the road. I hope you are making better progress than I with your projects. Sometimes we just have to set aside a couple of hours each evening in order to move forward to completion. Your board met for the first time this year on January 15, and made good progress in identifying this year’s events and their sponsors. We are trying hard to build on the popular and well-attended events, but want to try some different ideas and venues this year. As an example, several of our board members will be reaching out to other automotive clubs in the area to leverage activities those clubs are planning with hope we can arrange some joint participation. At this point the tentative event list is still developing, and those which have been set are listed below. One thing that makes this club unique is the willingness of our members to host, plan and support activities for the enjoyment of all. If you have a suggestion for an event you would like to see, or organize, please discuss your idea with one of our board members. February’s dinner meeting is planned for the La Tavola Ristorante in New Stanton on Saturday evening, February 28. It is located just a mile from the New Stanton exit of the PA Turnpike. I hope to see you there. TENTATIVE JAGUAR CLUB OF PITTSBURGH 2015 CALENDAR OF EVENTS Date Event Sponsor February 28 Dinner meeting, La Tavola Bill & Brenda Cooper March Dinner meeting TBD Dan & Terry Meyers April Restoration Shop Tour TBD May 15-17 Import Carlisle Bill Cooper/Alva Chellman May US Steel Plaza Show TBD June Spring Driving Tour Dave & Karen Murray July 17, 18 JCOP Dinner & Concours Bryan Williams/Gene Daniele August Sewickley Show Chuck Pipich/Charlie Roberts September 27 British Cars at Hartwood Jack Terrick October Fall Leaf Tour Pete Galinowski November JCOP Annual Business Meeting Rich Aronson December Christmas Party TBD Non-JCOP Events for 2015 May 23 Susquehanna Valley Jaguar Club Concours Please Note: May 30 Delaware Valley Jaguar Club Concours The JCOP calendar is incomplete subject to changes by the Officers July 11 Jaguar Association of Central Ohio Concours & Board. The calendar will be July 11-12 PVGP racing, Pgh. International Race Complex updated in future issues as July 18-19 British Car Day & Racing in Schenley Park PVGP changes are made available. August 1 Jaguar Club of Ohio Concours The non-JCOP events dates are September 24-26 Watkins Glen Trip correct as listed. October 7-11 Hershey Car Show PAGE 4 JAGUAR JARGON Jaguar Club of Pittsburgh Invites all Members and Guests to attend the February 2015 Dinner Meeting Saturday, February 28, 2015 Cash Bar at 6:00 p.m., Dinner served at 7:00 p.m. La Tavola Ristorante 400 South Center Avenue New Stanton, PA 15672 724-928-9440 Choice of: Chicken Camilla…………………………………………………$37.00 Boneless breast of chicken, sautéed with mushrooms and asparagus in a light cream sauce Sicilian Scrod…………………………………………………….$35.00 Topped with seasoned bread crumbs and lemon Lasagna…………………….…………………………………….$32.00 With ground veal and served in meat sauce DESSERT Ice Cream, Spumoni, or Sherbet DINNER INCLUDES Bread & Butter Coffee, Tea, Iced Tea Soft Drinks Tax & Gratuity are Included Cash Bar at 6:00PM, Dinner served at 7:00PM If you have any special dietary needs, please contact the restaurant before February 19. Tell them you are with the Jaguar Club of Pittsburgh Dinner on February 28, 2015 Space is limited so please book early. Call Bill at 412 496 2595 right away if you have any questions. JAGUAR JARGON PAGE 5 Jaguar Club of Pittsburgh February 2015 Dinner Meeting Saturday, February 28, 2015 Please return this sheet with your check payable to JCOP by Feb 19, 2015 Member’s Name:_______________________________Phone_____________________ Spouse’s Guest’s Name____________________________________________________ Email optional___________________________________________________________ Please Indicate Your Choice(s) of ENTRÉE Number Total $ Chicken Camilla @ $37.00 ________ ________ Sicilian Scrod @ $36.00 ________ ________ Lasagna @ $32.00 ________ ________ If you have any special dietary needs, please contact the restaurant before February 19 Only paid dinner orders will be placed with the restaurant. Mail completed form and your check payable to JCOP by February 19, 2015 Bill and Brenda Cooper 483 Pittsburgh Pike Ruffs Dale, PA 15679 Please make sure I have your reservation in hand by February 19, 2015 as that is my deadline for the final count with the restaurant. PAGE 6 JAGUAR JARGON JCOP Members Receive 2014 JCNA Awards Continued from page 1 Stuart showed in the Special Division Class S03. To compete in this class, the entrant must submit a document in advance of the show that indicates the Jaguar has a minimum of 40 non-authentic deductions. Once this is accomplished, then no non-authentic deductions are made during the judging. His Jaguar is also featured in several Jaguar publications, including Jaguar World and JCNA’s Jaguar Journal. Don and Barbara Johnson also showed in only the Jaguar Club of Ohio the Pittsburgh shows. Don showed his 1970 Pale Primrose open two seater E-type, at right. Don received a first place North Central regional award in the Driven Division Class D03. Don not only showed, but he judged on both the Ohio and Pittsburgh shows and was a corner person for the Pittsburgh Vintage Grand Prix. Dave Hershey, who normally shows in multiple Concours, competed in the Susquehanna Valley Jaguar Club and the Jaguar Club of Pittsburgh. Dave, a seasoned veteran of the Concours circuit, received a first-place North Central regional award for his 1976 British Racing Green XJ6L Saloon, at left. Dave is a judge for the Pittsburgh club and Chief Judge and President of the Susquehanna Valley club. Terry and Barbara Smith showed in 3 Concours this season, Susquehanna Valley Jaguar Club, Jaguar Association of Central Ohio, and the Jaguar Club of Ohio. Terry received 3 perfect scores and a first-place international award for his efforts with the 1967 Dark Blue Open Two Seater E-type, at right, in the Champion Division, Class 05. Over the years, Terry has received many first-place awards. Bryan and Candy Williams showed in 4 Concours this season, Susquehanna Valley Jaguar Club, Jaguar Association of Central Ohio, the Jaguar Club of Ohio and the Jaguar Club of Pittsburgh. Bryan competed with his 1983 Rhodium Silver XJ-6 Saloon, at left. Bryan received a second-place international award in the Champion Division, Class 19A, preservation class. To compete in this class, the Jaguar must be at least 20 years old and basically be unrestored. Congratulations to all of our JCOP Concours d’Elegance winners and I hope to see more of our member compete in the 2015 season. Please contact me if you would like to learn more about competing in the JCNA Concours d’Elegance program at [email protected] or 412-996-2416. JAGUAR JARGON PAGE 7 PAGE 8 JAGUAR JARGON Best collectible investment in 2014? Hint: Vroom vroom Thanks to Scott Drab, JCOP past-president, for providing this article. Robert Frank | @robtfrank CNBC It won't be long before people start putting Ferraris on their walls. A new investment analysis of collectibles shows that classic cars are vastly outperforming the art market and were the top-performing collectible investment over the past year. For the 12 months ended in October, cars as a category posted returns of 25 percent while art was up only 5 percent, according to a report from Douglas Elliman and Knight Frank, the global Realtors. Cars beat art over the longer-term as well, clocking gains of 111 percent over five years (compared with art at 17 percent) and gaining 469 percent over 10 years (compared with 226 percent for art). While art may get the bigger headlines, with $100 million Giacometti sculptures and $82 million Elvis pictures, cars have been quietly stacking up bigger gains. The question is whether those gains will continue as the global economy slows and sellers demand ever-higher prices. "I'm not sure that classic cars can carry on their performance at the rate we've been seeing," said Andrew Shirley, author of the report. Series I Jaguar E-type sets auction record at $467,500 The car market is also highly concentrated to a tiny slice of cars at the top—mainly Ferraris, Porsches and Mercedes. Ferraris from the 1960s are driving much of the price growth for the market and have almost become their own market. Of the top five most expensive cars ever sold at auction this year, all five are Ferraris—topped by the 1962 Ferrari 250 GTO that sold for $38.1 million at Pebble Beach. Overall, investing in high-end collectibles has been more lucrative than investing in stocks. Over the past 10 years, the Knight Frank Luxury Index (which tracks collectibles from cars and art to stamps, wine, coins and furniture) is up 182 percent while Dow Jones is up 62 percent. Continued on page 9 JAGUAR JARGON PAGE 9 Best collectible investment in 2014? Hint: Vroom vroom Thanks to Scott Drab, JCOP past-president, for providing this article. Continued from page 8 Prepare for a volatile ride Yet collectibles also have a dark side—they are highly illiquid and highly volatile. According to the report, art has been far more volatile over the past 10 years than gold, equities or real estate. Among collectibles, coins and furniture were the least volatile. Coins, in fact, have had a strong, if underappreciated, run recently. They returned 10 percent over the past 12 months and 90 percent over the past five years, ranking second as investments just behind cars. The worst investment when it comes to collectibles has been antique furniture, with negative returns of 8 percent over the past year and 24 percent over the past decade. And even within collectible classes, like art or cars, there are winners and losers. Broadbrush indexes can be deceiving in markets where it's only a select few examples at the very top that outperform and skew the results. In the art market, for instance, so-called "pop art" that includes Warhol, Ed Ruscha and Roy Lichetnstein, is up 89 percent over the past year. But so-called "modern painters" such as Mark Rothko, Cy Twombly and Robert Motherwell, performed better over the past five years. "These luxury assets can outperform more mainstream investment classes such as equities, but not every luxury investment will always outperform," Shirley said. "And even within segments, not everything is a guaranteed investment winner." Jaguar Club of Pittsburgh Candy Williams, Editor 222 Karen Drive Elizabeth, PA 15037 Upcoming Event: February Dinner Meeting - Saturday, Feb. 28 La Tavola Restaurant, New Stanton History Repeats Itself The Vintage Sports Car Drivers Association is welcoming the Challenge Championship to the 30 th Anniversary of the Elkhart Lake Vintage Festival, a nationally recognized vintage race festival that brings in almost 300 race teams. Read about the Glory Days of this event and how history will be repeated at the 2015 Challenge Championship in Elkhart Lake, Wisconsin … Check out the January JCNA e-newsletter at JCNA.COM
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