RM Auctions Hershey 2011 – Auction Report

1936 DeSoto S2 Airflow Coupe

Lot # 119 1936 DeSoto S2 Airflow Coupe; S/N 5091863; Grey-Green/Beige cloth; Estimate $55,000 - $65,000; Cosmetic restoration, 2- condition; Hammered Sold at $45,000 plus commission of 10.00%; Final Price $49,500 -- Clock, tachometer, no radio or heater, skits, trim rings, wide whitewalls, crank out windshield. A very attractive cosmetic restoration with good paint, chrome and upholstery. Chassis has been repainted assembled. Engine is orderly but not up to showroom standards. No Reserve. Sold by RM at Meadow Brook in 2007 for $55,000 in aged but sound partially restored condition, then got a strip and repaint and a thorough engine service. It was money down the drain for the consignor, but not for the buyer who got an attractively presented DeSoto Airflow, one of eight known survivors in this body style, for an advantageous price.

1933 Pierce-Arrow 836 4-Dr. Sedan

Lot # 120 1933 Pierce-Arrow 836 4-Dr. Sedan; S/N 1070470; Grey, Dark Blue Metallic fenders/Beige broadcloth; Estimate $40,000 - $60,000; Cosmetic restoration, 3- condition; Hammered Sold at $31,000 plus commission of 10.00%; Final Price $34,100 -- Dual enclosed sidemounts, body color wire wheels, wide whitewalls, amber headlights, trunk rack. Very superficially cosmetically restored with mediocre paint, poor chrome, awful curdled interior woodgraining, pitted side window glass, missing fender mounting bolts. Estate of Don Riddle, Jr. No Reserve. The wrinkled interior woodgrain painted trim is close to amazing and probably overcoated with something that didn't agree with the substrate. The rest of the car's presentation, however, bears the same imprint of "oops" and shortcuts. A quality automobile, it brought $44,280 at Barrett-Jackson in 2004 in somewhat better condition than it displayed today. This is an appropriate price for its current condition.

1904 Oldsmobile French Front Touring Runabout

Lot # 121 1904 Oldsmobile French Front Touring Runabout; S/N 31285; Green/Black leather; Estimate $60,000 - $80,000; Concours restoration, 1 condition; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 -- RHD. Wheel steering, whitewall tires. Fresh, sharp concours restoration with excellent paint and bright brass. This Olds needs VCC age documentation to be eligible for London-Brighton but if it secures it the new owner has bought a highly desirable entry ticket at a reasonable price, especially considering its concours-quality presentation.

1931 Pierce-Arrow Model 42 Sport Phaeton

Lot # 122 1931 Pierce-Arrow Model 42 Sport Phaeton; S/N 2525250; Forest Green, Green accent/Tan leather; Tan cloth top; Estimate $130,000 - $170,000; Visually maintained, largely original, 3- condition; Not sold at Hammer bid of $105,000 plus commission of ; Final Price $105,000 -- Light Yellow wire wheels, wide whitewalls, windwings, folding windshield, Trippe lights, radiator stoneguard, full weather equipment. Awful old repaint, chipped and cracked. Sound but badly worn upholstery. Grungy chassis. Possibly first owned by New York Mayor Jimmy Walker, possibly used to carry FDR and Al Smith to the opening of the George Washington Bridge. Acquired from Walker's estate in the 60's. Never restored, probably original upholstery. Trying to glitz up this Piece with "possible" history did nothing to enhance its value which should be based on its unique features and originality. The bid reflected these attributes and should have been enough to buy it.

1924 Cadillac Model V-63 Touring Phaeton

Lot # 123 1924 Cadillac Model V-63 Touring Phaeton; S/N 63E2873; Brewster Green, Black fenders/Black leather; Black leatherette top; Estimate $50,000 - $60,000; Older restoration, 3- condition; Not sold at Hammer bid of $42,500 plus commission of ; Final Price $42,500 -- Dual rear spares behind small trunk, Black painted wood spoke wheels, blackwall tires, Westinghouse air spring shackles, Elgin clock, Bi-Flex front bumper. Cosmetically redone many years ago. Paint worn through, stiff upholstery, pulling seams, grimy chassis, but still usable as is. This Cadillac V-8 is eminently usable as-is and needs only some careful attention to mechanical details and cosmetic preservation. It would have been a good value at the reported high bid, or even at RM's low estimate, a powerful, well-equipped, quality automobile that would be a superb mount for tours.

1940 Buick Limited Phaeton

Lot # 131 1940 Buick Limited Phaeton; S/N 13597850; Light Yellow/Red leather; Black cloth top; Estimate $60,000 - $80,000; Cosmetic restoration, 3 condition; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 -- Dual enclosed sidemounts, hubcaps, trim rings, wide whitewalls. Mediocre old paint, fair chrome and upholstery. Grimy, oily engine and chassis. Later 1950's era Buick straight eight engine. A superficially and quickly done driver with an intriguing history that implicated Shirley Temple in its early history and Bohman & Schwartz in its conversion from a convertible sedan to a windowless Phaeton. A 2001 Most Distinguished Open Car winner at the Greenwich Concours. No Reserve. Say what you might about its apocryphal Hollywood history this is a distinctive and attractive big Buick. There's value in this Buick, even at this price.

1916 Ford Model T Frontenac Speedster Bub

Lot # 132 1916 Ford Model T Frontenac Speedster, Body by Bub; S/N 1169130; Grey, cream/Black; Estimate $40,000 - $60,000; Older restoration, 2- condition; Hammered Sold at $37,500 plus commission of 10.00%; Final Price $41,250 -- Frontenac overhead valve head, Atwater Kent distributor, Model A crank and pistons, pressure lubrication, single SU carb, single sidemount, cycle fenders, pumped cooling, dual aeroscreens, disc wheels, electric starter, split wishbone front suspension. Teardrop Bub body with belly pans and described as a one-time ice racer in Wisconsin. Good older restoration done to attractive, not concours, standards. Erratic hand striping. Tidy, clean and usable and showing use and age. No Reserve. Layered with charisma and sleek appearance, from its Miller-style radiator shroud to its pointed tail, this Model T has abundant character and fully deserves the price it brought, even if its history is sketchy.

1949 Dodge Wayfarer Roadster

Lot # 133 1949 Dodge Wayfarer Roadster; S/N 48501209; Light Green/Light Green vinyl; Black vinyl Carson top; Estimate $22,000 - $28,000; Cosmetic restoration, 3 condition; Hammered Sold at $19,000 plus commission of 10.00%; Final Price $20,900 -- Sombrero wheel covers, wide whitewalls, skirts, side curtains, no radio or heater. A superficial cosmetic redo of a neat old car with 40,901 miles from new. Fair paint, chrome, upholstery and Carson top covering. Chassis is original, as are many of the details. No Reserve. Less than impressively presented, but appropriately priced considering its probably-unique Carson top.

1963 Volkswagen Beetle Convertible

Lot # 134 1963 Volkswagen Beetle Convertible; S/N 5430545; Pacific Blue/Putty vinyl; Grey vinyl top; Estimate $20,000 - $30,000; Recent restoration, 2- condition; Hammered Sold at $23,000 plus commission of 10.00%; Final Price $25,300 -- CD stereo under the dash, wheel covers, whitewalls. Cracked steering wheel spoke. Excellent paint, chrome and interior. Engine and chassis done like new with subsequent age and use. No Reserve. This Beetle is thoroughly and completely done to high standards (aside from the steering wheel crack.) It brought a premium but deserved price.

1928 Cadillac 341 V-8 Dual Cowl Sport Phaeton, Body by Fisher

Lot # 135 1928 Cadillac 341 V-8 Dual Cowl Sport Phaeton, Body by Fisher; S/N 319810; Crimson, Black fenders, cane accent/Tan leather; Heather cloth top; Estimate $95,000 - $125,000; Older restoration, 2+ condition; Hammered Sold at $105,000 plus commission of 10.00%; Final Price $115,500 -- Orange wheels with chrome spokes and whitewalls, Trippe lights, radiator stoneguard, dual sidemounts, two blue bulb Cadillac pedestal spotlights, dual windshields, black leather covered trunk. A very nice car done to high standards and remarkably free of chips or nicks. Great cosmetics. Well-restored, well-maintained and well-equipped, the colors of this old restoration are dated but not unattractive. A CCCA Full Classic (tm) that will occupy an honored place on tours or local shows and cruise down the highway with dignity and pace, it brought a realistic price for the age of the restoration.

1939 Buick Roadmaster Convertible Sedan

Lot # 136 1939 Buick Roadmaster Convertible Sedan; S/N 3568666; Primrose Yellow/Red leather; Black cloth top and tonneau cove; Estimate $75,000 - $95,000; Older restoration, 2+ condition; Post-block sale at $56,818 plus commission of 10.00%; Final Price $62,500 -- Spotlight, dual enclosed sidemounts, Red steel wheels, trim rings, blackwall tires, radio, heater, turn signals. One of three in this fastback body style. Restored like new in the early 90's with very good paint, chrome, interior and glass and lettered as an Indianapolis 500 Pace Car. Excellent body fits. Done just right without going too far and well maintained and preserved since restoration with little use. Bid to $65,000 on the block but sold post-block at this price. The quality of the restoration is apparent in its continuing excellent condition and it is an unusual, distinctive and rare body style. It is a good value at this price.

1949 Packard Custom Eight Convertible Coupe

Lot # 137 1949 Packard Custom Eight Convertible Coupe; S/N ; Astral Blue, White thin accent/Tan leather; Beige cloth top; Estimate $70,000 - $90,000; Concours restoration, 1 condition; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000 -- Electromatic clutch, P/W, power seat, power top, rear windshield, skirts, whitewalls, hubcaps, trim rings, Cormorant, grille guard. Beautifully restored to concours quality in handsome colors. Great paint, brilliant chrome, excellent upholstery and glass. AACA Senior National First Prize, 2010 Packard Club Postwar Best of Show, 2011 Amelia Island David E. Davis Award. This price doesn't come close to recouping the cost of this superb restoration and is a wonderful value but in a usually overlooked and undervalued series. While this is what the collector car world is willing to pay for this model, it is more car than money when set beside most of its contemporaries.

1947 Lincoln Continental Convertible

Lot # 139 1947 Lincoln Continental Convertible; S/N 7H155935; Light Green/Maroon; Beige cloth top; Estimate $40,000 - $60,000; Older restoration, 3+ condition; Not sold at Hammer bid of $35,000 plus commission of ; Final Price $35,000 -- Radio, heater, P/W, overdrive, fog lights, skirts, large hubcaps and trim rings, wide whitewalls. Good paint, chrome, top, glass and interior. A sharp older restoration to showroom condition that shows some age and limited use but is still highly presentable. This Continental was worth RM's low estimate and it is surprising it didn't find someone willing to pay that much for it.

1941 Buick Roadmaster Coupe

Lot # 140 1941 Buick Roadmaster Coupe; S/N 34006310; Metallic Grey/Burgundy leather; Estimate $55,000 - $75,000; Recent restoration, 1- condition; Hammered Sold at $52,500 plus commission of 10.00%; Final Price $57,750 -- Compound carburetion, guide oval fog lights, pushbutton radio, dual outside mirrors, hubcaps, trim rings, wide whitewalls. Excellent paint, chrome and interior. Engine shows some age and use. 2006 AACA National First Prize. Restored like new and delightful. This Buick caught everyone's attention in the preview and lineup. Fastidiously and correctly restored, it radiated quality and stood up to the close inspection of experts. The reserve came off at $45K but the bidding kept going and could have gone higher without being excessive.

1928 Ford Model AA Cretors Popcorn Truck with Custom Trailer

Lot # 141 1928 Ford Model AA Cretors Popcorn Truck with Custom Trailer; S/N A1164718; Red, Black fenders/Black leatherette; Estimate $60,000 - $70,000; Older restoration, 3+ condition; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 -- Yellow wire wheels, gold hand painted decoration, 110 volt operation. Fair Paint and chrome. Good wood and varnish. An attraction, not a showpiece. Someone is going to make many friends at fairs, shows and parties churning out bags full of popcorn. It would be a marvelous summer enterprise for a kid, or for a grandpa, and this price is a modest investment for it.

1950 Cadillac Series 62 Convertible

Lot # 142 1950 Cadillac Series 62 Convertible; S/N 506216707; Metallic Brown/Beige leather; Beige cloth top; Estimate $100,000 - $120,000; Recent restoration, 2- condition; Not sold at Hammer bid of $100,000 plus commission of ; Final Price $100,000 -- Automatic, Selector radio, P/W, sombrero wheel covers, whitewalls. 2002 AACA National First Prize and Senior. Very good paint, chrome, top and glass. 2002 AACA Senior National First Prize and Cadillac LaSalle Club Senior with 5,000 careful miles since it was completed. It should have been loose and selling at this bid, if not before.

1953 Jaguar XK 120SE Fixed Head Coupe

Lot # 201 1953 Jaguar XK 120SE Fixed Head Coupe; S/N S679199; Silver/Burgundy leather; Estimate $60,000 - $80,000; Cosmetic restoration, 3- condition; Hammered Sold at $57,500 plus commission of 10.00%; Final Price $63,250 -- Silver painted wire wheels, blackwall tires. Fresh paint with bodyshop overspray under the hood. Dirty engine, chassis and underbody. Complete and largely sound but negligently prepared and presented, this is an auction car. No Reserve. Sold by RM at Ft. Lauderdale in March for $53,900. The seller should be very happy to make this much on such a neglected and superficially presented XK 120. In fact, the seller should be happy to get out from under it without a loss.

Comments

  1. D Cadby says

    Very good descriptions and comments re the cars for auction. Good information for future comparisons. Very complete. Especially liked the inclusion of your reasons as to the quality of the restoration or lack of in the offered vehicle. Past info on previous sales at different auctions helped to complete the package. Well done review. I felt as if I had been to the event. Nice job, Thanks.

  2. says

    Excellent as usual, but note that while the Fairfield Franklin was a Full Classic, lot #106 here was not; it’s too old for the designation.

    • Rick Carey says

      Indeed you are correct and a good catch, too. I just looked at the Franklin listing (“All”) and forgot the overall 1925-on qualification.

  3. Michael Wright says

    Came to here looking for a good price to put on a 1949 Dodge Roadster Wayfarer Convertible fully restored with 6105 actuall miles on it would be…. If anyone knows let me know send me a email @ michaelwwright55@yahoo.com….. thanks…..

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