Leake Auction, River Spirit Expo, Tulsa, Oklahoma, June 5-7, 2015
Since 1972, when the collector car market was in its infancy, Tulsa has been the core auction for the Leake family, one of the longest-running, continuously managed collector car auctions in the U.S. 2015 was the Leake Tulsa auction’s 44th year, and was one of the best ever.
This year’s sale featured about 140 cars, most offered on Sunday without reserve, from the collection of Chicago’s Larry Klairmont. Characterized in the Kollection’s materials as “An eclectic vehicle collection” it was every bit of that, proving that Larry Klairmont probably never met a car he didn’t like.
Another high visibility offering was the “Lost Cord”, a 1937 812 Supercharged Phaeton that Cord stalwart Glenn Pray had bought in 1953, restored, then sold to James C. Leake to finance Pray’s acquisition of the Auburn Cord Duesenberg Corporation. After passing through the hands of one or two subsequent owners it was lodged in a barn and sat, undiscovered and unknown, for 45 years until a chance call to Glenn Pray’s son, Doug, last year turned it up. Being sold in Tulsa by Doug Pray through the Leake family brought the “Lost Cord’s” history full circle.
The numbers follow, and they are excellent, with a record-setting sale rate (having 140 or so No Reserve cars helps) and a near-record total sale.
The Leake/Sevenoaks family’s hospitality, sincerity and the Leake Auction Company’s operational efficiency is legend, and Tulsa is where it started and is still best experienced.
Leake Tulsa 2015 – Auction Report