The Auctions America Auburn Fall 2013 sale was held August 28th to September 1st at Auburn Auction Park in Auburn, Indiana, resulting in more than $28 million in total sales and an 80% sell-through rate. The results were the company’s strongest to date along with record attendance at its 4th annual Auburn Fall Collector Car Weekend.
Held during the Auburn Cord Duesenberg Festival, the 2013 Auctions America Auburn Fall sale attracted more than 70,000 people to the Auburn Auction Park, surpassing last year’s attendance by nearly 40 percent. A record number of bidder registrations were received from 17 countries and 45 states across the U.S., with nearly one third of bidders representing first time clients.
“This year’s Auburn Fall Collector Car Weekend was simply electric,” said Donnie Gould, president of Auctions America. “The world came home to Auburn for this celebration of automotive culture and the response from buyers, sellers and attendees has been overwhelmingly positive. This weekend, the Classic Car Capital of America saw a packed auction arena, spectacular collections, three incredible Duesenbergs sold under the Auctions America roof in one day, and the first-ever, live NBC Sports Network coverage from the Auburn Auction Park. The Auburn Fall event was the perfect way to cap off a wonderful summer for Auctions America, which also included our highly successful debut sale in Southern California.”
In honor of the Auburn Cord Duesenberg Festival, locally-built vehicles were featured among the 1,123 automobiles offered, with top sales honors going to a 1930 Duesenberg Model J Convertible Coupe for $1,540,000; a 1929 Duesenberg Model J Sports Sedan for $962,500 and a 1935 Duesenberg Model SJ Dual-Cowl Phaeton for $858,000, all sold during Saturday’s Salon Offering. Rounding out the top five sales were a 1973 Ferrari 365 GTB/4 Daytona for $434,500 and a 1933 Auburn Twelve Boattail Speedster for $371,250.
Collector and enthusiast, Kirk F. White, sold a group of 404 lots of memorabilia and antiques from his personal collection during a full-day memorabilia sale on Wednesday, August 28, with several of his hot rods crossing the block during Friday’s sale session.
“From start to finish, our experience working with Auctions America was seamless,” said Mr. White following the sale. “Throughout the weekend, I could not get over the quality of people that make up the Auctions America team. Although it was an emotional moment when that last lot was sold, Marilyn and I were thrilled with the event!”
Indiana native, Ed Ewing’s collection of 94 automobiles also attracted strong interest from collectors. Highlights included a 1959 Cadillac Eldorado Biarritz Convertible for $220,000, a 1967 Shelby GT 500 Fastback for $200,000 and a 1961 Fiat 500 Jolly for $99,000.
A series of vehicles were sold to benefit four worthy causes across the weekend, including the Fort Wayne Base Community Council Military Support Fund, the Darrell Gwynn Foundation, the Auburn Cord Duesenberg Museum in Auburn, Indiana, and the Antique Automobile Club of America (AACA) Museum in Hershey, Pennsylvania.
Auctions America offered 1123 automobiles for sale, with 767 finding a new owner, reflecting a 68.3% sales rate. Total sales volume was $27,452,810, inclusive of buyer’s premiums. The average price per car sold was $35,792. In 2012, Auctions America offered 992 automobiles for sale, with 637 finding a new owner, reflecting a 64.2% sales rate. Total sales volume was $17,755,116, inclusive of buyer’s premiums, and the average price per car sold was $27,873.
Auctions America Auburn Fall 2013 – Top Ten Auction Results
1. 1930 Duesenberg Model J Convertible Coupe – $1,540,000
2. 1929 Duesenberg Model J Sports Sedan – $962,500
3. 1935 Duesenberg Model SJ Dual-Cowl Phaeton – $858,000
4. 1973 Ferrari 365 GTB/4 Daytona – $434,500
5. 1933 Auburn Twelve Boattail Speedster – $371,250
6. 2006 Ford GT – $225,500
7. 1959 Cadillac Eldorado Biarritz – $220,000
8. 1967 Shelby GT 500 Fastback – $200,000
9. 1972 Ferrari 365 GTC/4 – $189,750
10. 1933 Packard Twelve Sport Phaeton – $187,000
Auctions America continues its 2013 calendar of events with the company’s Fall Carlisle sale, October 3–4, in Carlisle, Pennsylvania. Kicking off the 2014 season is Auctions America’s Fort Lauderdale sale, March 14-16, now in its 12th year. The company will return to the Auburn Auction Park, May 8–10, 2014, for its annual Auburn Spring Collector Car Weekend, once again featuring the AACA’s Central Division National Spring Meet.
For additional information, visit AuctionsAmerica.com.
[Source: Auctions America; photo: Mark Byler]