Auctions America, Auburn Spring, Auburn, Indiana, May 7-9, 2015
“Auburn” resonates with car collectors. The home of Auburn and Cord, location of the Auburn – Cord – Duesenberg Club headquarters and museum and of NATMUS, the National Auto and Truck Museum, its history in the auto industry – particularly the auto industry in Indiana – and nexus of so much car collecting activity make Auburn particularly appropriate for auctions.
That includes the Kruse family whose giant auction park by I-69 outside Auburn grew, willy-nilly, over the years until it was acquired four years ago by Auctions America by RM and restored to its proper (some would say) place as a premier collector car auction location.
Auburn Spring has never been the event that the Labor Day weekend Auburn Fall is, but has always been, and continues to be, a credible, intriguing event that integrates commercial with hobby activities.
This year’s Auburn Spring was dramatically smaller than 2014, a year whose effect was exaggerated by the 400+ cars from John Scotti, all offered without reserve. Looking back further, however, it is comparable in total sale, average and median transactions with 2011-2013 and reflects a much higher sell-through rate, indicative of better if fewer cars and a few headline sales such as:
• Ford GTX1 TT Roadster sold for $330,000 (Lot 2125);
• Mercedes-Benz 280SE 3.5 Cabriolet sold for $299,750 (Lot 2126);
• Buick Regal GNX sold for $110,000 (Lot 2132); and
• Imperial Crown Convertible sold for $76,450 (Lot 2118).
Big Buck transactions aren’t Auburn Spring’s main attraction, however. Rather it is the diversity and affordability of so many interesting and accessible cars, like:
• Crosley Super Sport sold for $8,800 (Lot 1041);
• Corvair Corsa Spyder sold for $16,775 (Lot 1053);
• Dodge Omni Shelby GLHS sold for $9,460 (Lot 2024);
• Triumph Bonneville Convertible sold for $48,400 (Lot 2090).
• Pontiac Bonneville Vista 4-door sedan sold for $35,750 (Lot 2081) and
• Studebaker Golden Hawk sold for $37,400 (Lot 2166).
These and many others are in the report that follows.
The numbers below reflect only the automobile/truck lots. There were some fifty motorcycles in addition to these – with a 97.6% sell-through – that added over a half-million dollars to the Auburn Spring total.
Kacy Smith and Rob Bennett provided the on-site observations; the editor is responsible for the final content and comments.
Auctions America Auburn Spring 2015 – Auction Report