|
|
Seth Pancoast |
| Credentials | Antique Autos | Rods & Customs | Automobilia |
Seth Pancoast has been a dedicated hobbyist for many years and is well known throughout all of Pennsylvania. Seth is an experienced Antique Automobile Club of America Senior Master Judge with over 100 AACA National Judging Credits. He has been a Chief Judge at an AACA National Spring Meet. He has served as the Chief Judge for the Historical Car Club of Pennsylvania Spring & Fall Meets since the early 1960's. As a Past President and Board Member of both the Keystone Region AACA and Historical Car Club of Pennsylvania, Seth is well versed in and knowledgeable of antique vehicles from 1900 through 1965 as well as rods & customs. He has been an automobile appraiser for more than 10 years.
Seth's primary geographical coverage is Southeastern Pennsylvania, including: Philadelphia and surrounding communities; and Wilmington, Delaware.
“Hobbyists Helping Hobbyists”
Vehicles
Currently Owned
|
|
1923 Ace Motorcycle |
|
|
1930 Packard 740 Roadster - Jr/Sr AACA Award Winner & winner of the National AACA Joseph Parkin Award in 1987 |
|
|
1933 Ford Convertible |
|
|
1957 Thunderbird |
|
|
1960 Cadillac Convertible |
|
|
1962 Willys Wagon V-8 Convertible |
|
|
1965 Mustang Coupe High Performance |
|
|
1964 Ford Galaxie 2-Dr XL Hardtop - 390 |
|
|
1969 Ford F350 Dump Truck |
|
|
1972 Triumph 650 Trophy |
Club
Memberships
|
|
AACA – Antique Automobile Club of America since ~1960 |
- Hershey Region AACA
- Pottstown Region AACA
- Keystone Region AACA
- Brandywine Region AACA
|
|
National Cadillac-LaSalle Club |
- Valley Forge Region Cadillac LaSalle Club
|
|
Historical Car Club of Pennsylvania |
Find out more! Email him at Pancoast@i-van.org
| Credentials and Qualifications |
|
|
Certified
Appraiser with the International Vehicle Appraisers |
|
|
Appraisals accepted by insurance companies, banks, courts of law (expert witness, etc), IRS, etc. |
|
|
Senior Master Judge with over 100 National Judging Credits for the Antique Automobile Club of America (AACA). Chief Judge at AACA National Meet in 1996 hosted by the Brandywine Region AACA in Delaware. Chief Judge at Historical Car Club of Pennsylvania’s Annual Spring and Fall Meets since early 1960’s. |
|
|
Member of the Antique Automobile Club of America’s National Judging Committee from 1966 – 1986. |
|
|
Member of the “Vehicle Selection Committee” for the annual Burn Foundation Concours d’Elegance held in Bethlehem, PA. Member of “Vehicle Selection Committee” for the annual Hagley Car Show in Wilmington, DE. |
|
|
Awarded the “Samuel Bailey Award” by AACA in 1986. This National Award is presented for Outstanding Service and Contributions to the AACA Judging Program. |
|
|
Awarded the “Charles Duryea Award” by AACA in 1988. This National Award is presented annually for Outstanding Service to the Antique Automobile Club of America. Awarded the “Founders Award” by the Historical Car Club of Pennsylvania in 1998 for Overall Contributions to the Hobby. |
|
|
Former Race Car Driver of Jeeps in the “East Coast 4-Wheel Drive Association”. |
|
|
Member of the AACA Speakers Bureau. Guest Speaker on Appraisals before many clubs and organizations. Guest Speaker on Classic Cars. |
|
|
AACA Annual Meeting Chairman from 1983 to 2000. Co-Chairman of the AACA Golden Jubilee Tour In 1985. Served on the AACA Glidden Tour Committee. |
|
|
Authorized to do Appraisals for the Antique Automobile Club of America’s National Museum, etc. |
![]()
Our motto at I-VAN is ”Hobbyists Helping Hobbyists”. Our nationwide association of appraisers is made up of very experienced automotive hobbyists who also are automobile appraisers. As a group we specialize in appraising antique/classic/collectable vehicles. all of I-VAN’s Certified Appraisers guarantee no conflict of interest because we do not: restore, buy/sell, paint, fix, transport, export, or insure, etc any old cars for a living…we are hobbyists first and foremost - we own the types of cars we appraise.
“Hobbyists Helping Hobbyists”
1) Insurance: Protect your
investment of Time and Money. There
are a great many insurance companies that will cover your collector car with
Comprehensive and Collision coverage. However,
many will tell you that your vehicle will be covered for “actual cash value”
or “book value” (ie: they decide what your vehicle is “worth” at the
time of a claim) unless you provide an appraisal.
The best way to be sure that your car is protected properly is to have a
professional appraisal on file with your insurance company and have an
endorsement to your policy indicating the type and/or amount of coverage your
vehicle has. Not all companies
offer this coverage; however, my appraisals are accepted by all insurance
companies that do offer this coverage. My
appraisal will also be of immense help if you’re hit by the driver of some
other insurance company or if that driver is uninsured.
Without an appraisal an unqualified person who is unfamiliar with your
vehicle may be determining how much you’re going to collect at the time of a
loss. Important: did you know that
during restoration in your own garage your vehicle is NOT covered for fire/theft
under your homeowners policy? (only your automobile policy protects your car) Protect
your investment!
2) Selling
a Collector Vehicle: An appraisal can be a tremendous help when selling a
collector vehicle. First, it
eliminates a lot of haggling or “negotiating” because the vehicle’s market
value has been established. Secondly,
offering the vehicle for sale at 5-10% below the appraised value makes a
prospective buyer think he’s getting quite a bargain.
Third, a qualified buyer can use the appraisal to get a loan from his
bank, and other lending institutions, to assist in buying your vehicle (many
financial institutions in Virginia and the surrounding areas will loan up to 80%
of my appraised value).
3) Collateral: The value of your collector vehicle helps to increase your “net worth”.
4) Donation/Gift: The IRS requires an appraisal for any gift to a charity or
eligible museum, etc. Further, the
appraiser must complete and sign the appropriate IRS forms before you can take a
tax deduction for your donation. I
have helped many museums and charities receive vehicle donations and helped the
donors receive their proper tax deduction with the correct paperwork.
5) Estate: Because your collector vehicle has value it is part of your
estate. My appraisal helps prevent
your heirs from being “ripped off” when they try to sell your vehicles).
It will also help your heirs determine how to divide your estate fairly.
Larger estates facing estate taxes can protect against overpayment of
taxes.
6) Divorce: Yes, the “D word”. Don’t
ever let a court or some attorney determine what your vehicle is worth.
7) Buying
a Collector Vehicle: A pre-purchase appraisal could protect you against overpaying
for a vehicle. It can also make a
seller more reasonable in the asking price.
My appraisal establishes the loan value if you’re going to finance part
of this purchase.
8) Claim
Settlement: If you’re arguing with an insurance company over the value
of your vehicle after a loss then my appraisal NOW can be a big help.
It’s not as easy to appraise a vehicle after an accident, fire, etc but
it can be done if not too much time has gone by.
9) Fraud: Did you buy a vehicle “sight unseen” or over the internet
and, when you received it, believe that you have been cheated?
My appraisal can help build your case.
Did you buy a vehicle because the owner said “matching numbers” and
find out later that it’s not? Was the vehicle advertised as having never been in an
accident and you’ve discovered otherwise.
Did you discover flood damage?
10) Substandard
Restoration: Did
you pay for a prize winning restoration only to find out that the only prize you
will win is the “booby prize”? Does
the paint come off in the rain? Is
the chrome peeling three months later?
Back to International Vehicle Appraiser's Network
al Pancoast is a Certified Appraiser with I-VAN – International Vehicle Appraiser Network. Our motto at I-VAN is ”Hobbyists Helping Hobbyists”. Our nationwide association of appraisers is made up of very experienced automotive hobbyists who also are automobile appraisers. As a group we specialize in appraising antique/classic/collectable vehicles. Some of our Certified Appraisers (like myself) also do Diminished Value, Fraud, and Lemon Law appraisals. all of I-VAN’s Certified Appraisers guarantee no conflict of interest because we do not: restore, buy/sell, paint, fix, transport, export, or insure, etc any old cars for a living…we are hobbyists first and foremost - we own the types of cars we appraise.
“Hobbyists Helping Hobbyists”
1)
Insurance: Protect your
investment of Time and Money. There
are a great many insurance companies that will cover your collector car with
Comprehensive and Collision coverage. However,
many will tell you that your vehicle will be covered for “actual cash value”
or “book value” (ie: they decide what your vehicle is “worth” at the
time of a claim) unless you provide an appraisal.
The best way to be sure that your car is protected properly is to have a
professional appraisal on file with your insurance company and have an
endorsement to your policy indicating the type and/or amount of coverage your
vehicle has. Not all companies
offer this coverage; however, my appraisals are accepted by all insurance
companies that do offer this coverage. My
appraisal will also be of immense help if you’re hit by the driver of some
other insurance company or if that driver is uninsured.
Without an appraisal an unqualified person who is unfamiliar with your
vehicle may be determining how much you’re going to collect at the time of a
loss. Important: did you know that
during restoration in your own garage your vehicle is NOT covered for fire/theft
under your homeowners policy? (only your automobile policy protects your car) Protect
your investment!
2) Selling
a Collector Vehicle: An appraisal can be a tremendous help when selling a
collector vehicle. First, it
eliminates a lot of haggling or “negotiating” because the vehicle’s market
value has been established. Secondly,
offering the vehicle for sale at 5-10% below the appraised value makes a
prospective buyer think he’s getting quite a bargain.
Third, a qualified buyer can use the appraisal to get a loan from his
bank, and other lending institutions, to assist in buying your vehicle (many
financial institutions in Virginia and the surrounding areas will loan up to 80%
of my appraised value).
3) Collateral: The value of your collector vehicle helps to increase your “net worth”.
4) Donation/Gift: The IRS requires an appraisal for any gift to a charity or
eligible museum, etc. Further, the
appraiser must complete and sign the appropriate IRS forms before you can take a
tax deduction for your donation. I
have helped many museums and charities receive vehicle donations and helped the
donors receive their proper tax deduction with the correct paperwork.
5) Estate: Because your collector vehicle has value it is part of your
estate. My appraisal helps prevent
your heirs from being “ripped off” when they try to sell your vehicles).
It will also help your heirs determine how to divide your estate fairly.
Larger estates facing estate taxes can protect against overpayment of
taxes.
6) Divorce: Yes, the “D word”. Don’t
ever let a court or some attorney determine what your vehicle is worth.
7) Buying
a Collector Vehicle: A pre-purchase appraisal could protect you against overpaying
for a vehicle. It can also make a
seller more reasonable in the asking price.
My appraisal establishes the loan value if you’re going to finance part
of this purchase.
8) Claim Settlement: If you’re arguing with an insurance company over the value of your vehicle after a loss then my appraisal
NOW can be a big help.
It’s not as easy to appraise a vehicle after an accident, fire, etc but
it can be done if not too much time has gone by.
9) Fraud: Did you buy a vehicle “sight unseen” or over the internet
and, when you received it, believe that you have been cheated?
My appraisal can help build your case.
Did you buy a vehicle because the owner said “matching numbers” and
find out later that it’s not? Was the vehicle advertised as having never been in an
accident and you’ve discovered otherwise.
Did you discover flood damage?
10)
Substandard
Restoration: Did
you pay for a prize winning restoration only to find out that the only prize you
will win is the “booby prize”? Does
the paint come off in the rain? Is
the chrome peeling three months later?
![]()
If you collect Automobilia then you should consider having some or all of it appraised to get the proper insurance coverage (and for many of the other same reasons that you would have your collector vehicle appraised).
Automobilia may include, but is not limited to: porcelain signs, automobile toys, art, figurines, books and literature, sheet music, mascots, car parts (ex: brass lamps, horns, hub caps, etc), old auto tools, pedal cars, etc. Mr. Pancoast's experience and connections in the hobby can produce the proper appraisal of your automobilia.
This page was last updated on 03/12/05.