1965 Mercer-Cobra Roadster is expected to fetch between $800,000 – $1,2 million when it goes under the hammer at RM Monterey Auction on August 20, 2011. This rare car is the work of automobile designer Virgil M. Exner and son, and has been given a modern interpretation of a Mercer Raceabout, built by Carrozzeria Sibona-Basano on Cobra [...]