LML/503 was the first of three cars made. It was owned by Stanley Harold Arnolt himself for most of its life. The car was offered for public sale by Christies at the 2002 International Motor Cars Pebble Beach Auction and sold for $360,000.
CORRECTION:
This LML503 appears to be listed incorrectly in our archive: it is actually LML507 and was built as a competition roadster. LML503 was destroyed in a warehouse fire at the SH ARNOLT factory and there is question as to if the car was a competition roadster or one of the DELUXE CONVERTABLES, see LML504 and LML506. (Thank you Tom Dunsworth!)
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