RM Auctions Hershey 2011 – Auction Report

1934 Ford Model 40 Deluxe Cabriolet

Lot # 207 1934 Ford Model 40 Deluxe Cabriolet; S/N 18915523; Engine # Sand; Sand/Brown leather; Beige cloth top; Estimate $65,000 - $85,000; Recent restoration, 2+ condition; Hammered Sold at $80,000 plus commission of 10.00%; Final Price $88,000 -- Yellow wire wheels, hubcaps, whitewalls, rumble seat, radio, no heater, greyhound, enclosed rear spare. Excellent paint, chrome and interior. Particularly fine burl pattern woodgrain interior trim. Restored like new and still sharp and fresh. No Reserve. This is a Ford anyone will be proud to own, drive and show and it brought a price that demonstrates the Hershey bidders recognized it for what it is. It is all the car, for all the money.

1928 Velie Model 60 Convertible Coupe

Lot # 209 1928 Velie Model 60 Convertible Coupe; S/N 157646; Engine # VS47322; Metallic Brown, Black fenders/Dark Red; Black cloth top; Estimate $20,000 - $30,000; Visually maintained, largely original, 4+ condition; Hammered Sold at $20,000 plus commission of 10.00%; Final Price $22,000 -- Varnished wood spoke wheels, blackwall tires, rear. mounted span, Depress Beam headlights, Motometer, cowl lights. A tired old cosmetically maintained car but sound and complete. Ex-Harrah's. Nethercutt Collection. No Reserve. It's not hard to see the value in this Velie with its overhead valve inline six engine and secure cabriolet coachwork. With some work and attention it'll be a good driver come next summer, or the basis for a productive and unusual restoration project, a great way to spend the upcoming winter.

1928 Packard Six Phaeton

Lot # 210 1928 Packard Six Phaeton; S/N 125046; Engine # U125426; Dark Green, Black fenders/Brown; Tan cloth top; Estimate $70,000 - $90,000; Older restoration, 3- condition; Not sold at Hammer bid of $55,000 plus commission of ; Final Price $55,000 -- Dual windshields with wind wings, dual sidemounts, Light Yellow wire wheels, chrome lock rings, radiator stoneguard, dual spotlights, drum headlights, Trippe light, trunk rack, Packard Motometer with donut chaser mascot. Yellow and Maroon accent. A well used old restoration with a lot of hand touchup. Sound paint and chrome, good upholstery and top, grimy chassis. Orderly but used engine. A usable but not particularly attractive or well maintained tour car. Nethercutt Collection. While this Packard has lots of potential it also has lots of needs and the reported high bid should have had the Nethercutts thinking seriously about letting it go.

1931 Studebaker President Eight Four-Seasons Roadster

Lot # 211 1931 Studebaker President Eight Four-Seasons Roadster; S/N 7032247; Absinthe Green, Green fenders and accent/Green leather; Green cloth top; Estimate $60,000 - $80,000; Older restoration, 3- condition; Hammered Sold at $60,000 plus commission of 10.00%; Final Price $66,000 -- Light Yellow wire wheels, blackwall tires, dual sidemounts, rumble seat, trunk rack, oval Tilt Ray headlights, folding windshield. Ex-Harrah's. Restored many years ago and used and enjoyed since. Aged, chipped paint, peeling chrome. Good upholstery and top look done recently. Nethercutt Collection. No Reserve. A stylish and elegant CCCA Full Classic (tm) with some individual design features like the oval headlights and Art Deco parking lights that set it apart from many contemporaries. This is a reasonable price for its older restored condition.

1913 Stevens-Duryea Model C 5-Passenger Touring

Lot # 222 1913 Stevens-Duryea Model C 5-Passenger Touring; S/N 564; Blue, Black accent/Black leather; Black leatherette top; Estimate $200,000 - $300,000; Older restoration, 1- condition; Not sold at Hammer bid of $155,000 plus commission of ; Final Price $155,000 -- RHD. Dual right side spares, body color wood spoke wheels, bill headlights, friction shocks, black leather covered trunk, Warner speedometer, nickel brightwork. Excellent paint, chrome, top and interior. A quality restoration showing little age or use and a large, imposing automobile. Sold by RM at Meadow Brook in 2008 fresh from restoration, then again there two years later for $220,000. The inherent value of this Stevens-Duryea isn't falling as fast as its disappointing result here would suggest.

1905 Columbus Highwheel Runabout

Lot # 223 1905 Columbus Highwheel Runabout; S/N K148; Maroon, Yellow chassis, Black fenders/Maroon leather; Black leather top; Estimate $60,000 - $80,000; Recent restoration, 1- condition; Hammered Sold at $52,500 plus commission of 10.00%; Final Price $57,750 -- 10 ALAM hp two-cylinder engine, lefthand tiller steering, solid rubber tires, double chain drive. Show quality restoration. Brass needs attention. No Reserve. Highwheelers are a peculiar American branch of the automobile's history tree. Designed with high clearance to negotiate the deeply rutted lanes of the rural Midwest and West, they flourished among farmers for a few years but were quickly pushed into obscurity by the Ford. They seem to be enjoying a resurgence of interest from collectors and the buyer of this well-restored Columbus Buggymobile got a rare example for a reasonable price.

1954 Chrysler New Yorker Town and Country Station Wagon

Lot # 226 1954 Chrysler New Yorker Town & Country Station Wagon; S/N 76609535; Yellow, Green roof/Maroon vinyl; Estimate $45,000 - $55,000; Visually maintained, largely original, 3 condition; Hammered Sold at $37,000 plus commission of 10.00%; Final Price $40,700 -- 331/195hp V-8, automatic, P/S, pushbutton radio, wheel covers, whitewalls, varnished wood cargo floor. Good older paint and original upholstery. Erratic chrome including pitted headlight rims and door handles. Dirty engine, road grime on chassis. A superficially cosmetically restored driver with eyeball appeal. Sold at The Auction in Las Vegas in 1992 in largely unrestored condition, it remains in just about the same shape today aside from some detail cosmetic attention. The price it brought here is indicative of its rarity, but also its mediocre condition.

1912 Mercedes 28-50PS Town Car, Body by Brewster

Lot # 227 1912 Mercedes 28/50PS Town Car, Body by Brewster; S/N 16081; Burgundy, Maroon accent/Black leather, Beige cloth; Estimate $225,000 - $275,000; Visually maintained, largely original, 3- condition; Hammered Sold at $230,000 plus commission of 10.00%; Final Price $253,000 -- RHD. Dual right side spares, drop down division, Solar acetylene headlights, Castle kerosene sidelights, Black leather mudguards, jump seats, pulldown shades, hat net, speaking tube, real cane accent, Vibra spring shackles. Bought by Alec Ulmann in 1937, later owned by Charlie Stich in New York. Aged, cracked old repaint, sound original rear upholstery and trim, dull brass. Impressively sound and highly original. Appears never to have been apart. Bonhams offered this car at Quail in 2005 where it was a $215,000 no sale, then by RM at Amelia and London, both in 2009 where it was unsold at bids of $221,000 and $223,104 respectively. It attracted deserved attention here at Hershey and finally found a new home where it will hopefully continue to be preserved and occasionally exercised. It is the definition of the concept of stately. A little hand-painted canework on the cream bodyside accent would spiff it up, but it doesn't need or warrant any more up-spiffing than that.

1933 Auburn Eight Salon Convertible Sedan

Lot # 229 1933 Auburn Eight Salon Convertible Sedan; S/N 2230H; Light Yellow, Gold accent, Black fenders/Tan leather; Tan cloth top; Estimate $60,000 - $80,000; Older restoration, 3- condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000 -- Chrome steel spoke wheels, wide whitewalls, dual sidemounts with mirrors, Beige cloth covered trunk, Trippe lights. A tired old restoration never done to particularly high standards. John M. O'Quinn estate. Sold by Worldwide in Houston in 2005 for $90,200 and none the better for six years in John O'Quinn's vast warehouses of cars, it did well to bring this much.

1910 Otto Type B Series 12-1 Speedster

Lot # 233 1910 Otto Type B Series 12-1 Speedster; S/N 210; Ivory/Saddle leather; Natural cloth top; Estimate $80,000 - $100,000; Older restoration, 3- condition; Hammered Sold at $55,000 plus commission of 10.00%; Final Price $60,500 -- RHD. Gray & Davis acetylene headlights and kerosene sidelights, varnished wood spoke wheels, single right sidemount, blackwall tires, Rubes bulb horn, double rear bucket seats. One of only two known surviving Ottos. History passed down from the third owner's memory represents this as the original, non-catalog, body. Extremely low slung and sporty. 30/35hp 4-cylinder engine, rear wheel brakes. Cracked, torn upholstery. Dull brass. Fair paint. Frame brush paint touched up. Tired, and not very well used older restoration that wasn't very good to begin with. John M. O'Quinn estate. This car has real potential not only as a showpiece of a long-forgotten marque but also on the road where its low chassis, drivetrain and body should give it excellent handling. Some attention to its long-neglected cosmetics and mechanics should bring it back to respectable, drivable condition. It was sold by Bonhams at Quail Lodge in 2004 for $51,750 and is a sound value today at little more than that.

1912 Simplex 38hp Double Roadster

Lot # 234 1912 Simplex 38hp Double Roadster; S/N 1150; Red, Black frame and fenders/Black leather; Beige cloth top; Estimate $150,000 - $200,000; Rebodied or re-created, 3+ condition; Hammered Sold at $125,000 plus commission of 10.00%; Final Price $137,500 -- RHD. Dual right side spares, Red wood spoke wheels, Rushmore acetylene headlights, Solar kerosene sidelights, Rubes bulb horn, acetylene generator not plumbed, Jones speedometer. Rebodied by Arthur Bergstrom with this double roadster body in the 80's, replacing a 1924 touring car body then on the chassis. The coachwork is a show-stopper, as is the potential of the 476 cubic inch T-head four under the hood. Good old paint, brass and upholstery, 1991 AACA Senior National First Prize. Well restored and subsequently used but well maintained. A wonderful driver-quality Brass Era relic. Entry to a wide array of events and tours plus the explosive performance of the big Simplex T-head four and a sporting, distinctive body makes this a real find, and not a lot of money for it.

1902 Packard Model F Rear-Entry Tonneau

Lot # 235 1902 Packard Model F Rear-Entry Tonneau; S/N F223; Red/Black leather; Estimate $140,000 - $180,000; Older restoration, 1- condition; Hammered Sold at $125,000 plus commission of 10.00%; Final Price $137,500 -- RHD. Wheel steering, Phare Solar self-generating single headlight, Dietz kerosene side lights. Built around original engine #223, which has Harrah's, General William Lyon, Art Twohy provenance, and other early Packard parts in 2006 by Robert McKeown. 2006 London to Brighton Run participant. One of 20 known surviving Warren, Ohio built Packards. Excellent older restoration with quality paint, interior and brass. Shows some age but little use. A wonderful Packard. John M. O'Quinn estate. It may be a bitsa, but it's a bitsa that has demonstrated its London to Brighton eligibility and it's in great condition as well as one of the earliest Packards known. The new owner should find it a satisfying acquisition both in using and displaying it and for the price paid.

1934 Lagonda 16-80 Touring

Lot # 239 1934 Lagonda 16/80 Touring; S/N S11041; Black/Black leather; Faded cloth top; Estimate $100,000 - $125,000; Visually maintained, largely original, 3- condition; Hammered Sold at $90,000 plus commission of 10.00%; Final Price $99,000 -- RHD. ENV pre-selector gearbox with floor-mounted selector, Lucas headlights and single driving light, fender mirrors, rear-mounted spare, silver painted wire wheels. Cracked, chipped old repaint that was never very good to begin with but has been given some recent attention and still protects the metal. Cracked old interior. Recently serviced and in running, driving condition. Owned for many years by Augie Pabst of the brewing company and Meister Brau Scarab racer. Aged but sound and said to drive well. Mecum offered this car for the first time at Monterey in 2010, sitting forlornly in the field without much attention. It next appeared at Bonhams Greenwich auction this June where it was a $115,000 no sale bid. It has gotten a little better each time and finally the consignor got real and took the money. The coachwork is a very attractive example of Thirties British style and the car has potential, particularly at this price.

1931 Hudson Greater Eight Boat-Tailed Sport Roadster, Body by Murray

Lot # 240 1931 Hudson Greater Eight Boat-Tailed Sport Roadster, Body by Murray; S/N 925232; Light Yellow, Black fenders and accent/Parchment; (faded) Black cloth top; Estimate $100,000 - $125,000; Older restoration, 3- condition; Not sold at Hammer bid of $72,500 plus commission of ; Final Price $72,500 -- Orange wire wheels, chrome lock rings, whitewall tires, rumble seat, dual sidemounts with mirrors, oval Depress Beam headlights, chrome hood side vent doors. Aged and used old restoration. Dull, chipped paint, patinated upholstery, dirty engine with a gas leak. A neat old car but less than proudly presented. The consignor should spend a little more time (and money) preparing this otherwise very attractive and unusual Hudson to get much if any more for it than the amount it was bid to here in Hershey.

1907 Baker Model M Electric Roadster

Lot # 241 1907 Baker Model M Electric Roadster; S/N 36; Dark Green, Black fenders/Red leather; Black leather top; Estimate $70,000 - $90,000; Concours restoration, 1- condition; Hammered Sold at $112,500 plus commission of 10.00%; Final Price $123,750 -- Jones clock and speedometer, Red chassis, wicker trunk, full windshield, Rushmore acetylene headlights and generator. Show quality 1999 over-restoration with excellent paint, upholstery, brass and top. Intriguing history of storage from nearly new in 1907 until the 1940's. Not fresh, but very, very good. John M. O'Quinn estate. With its front hood this 1907 Baker was beginning to recognize that even electrics had to look like the gasoline powered competition. The look apparently appealed to the bidders here in Hershey, who had several other fine electrics to choose from but accorded this Baker their highest value, well over RM's high estimate.

1936 Packard Super Eight 7-Passenger Phaeton, Body by Dietrich

Lot # 243 1936 Packard Super Eight 7-Passenger Phaeton, Body by Dietrich; S/N 950201; Black/Black leather; Beige cloth top; Estimate $175,000 - $225,000; Cosmetic restoration, 3+ condition; Hammered Sold at $140,000 plus commission of 10.00%; Final Price $154,000 -- Large hubcaps, whitewalls, dual enclosed sidemounts with mirrors, spotlight. Reportedly bought new for the White House fleet, one of only three known survivors of this body style on this chassis. Decent older cosmetic restoration of a sound, clean car. Paint is nicked, scratched and stone chipped but still presentable from twenty feet. Chassis is clean but not restored. $100,000 of the proceeds donated to the Packard Motor Car Foundation to benefit acquisition and restoration of the Packard Proving Grounds. With its colorful history, rare (and elegant) body, impressive originality and the use of proceeds this car represents an unusual opportunity and good value.

1954 Oldsmobile 98 Starfire Convertible

Lot # 244 1954 Oldsmobile 98 Starfire Convertible; S/N 549C4689; Two tone Blue/Two tone Blue leather; Dark Blue vinyl top; Estimate $70,000 - $80,000; Cosmetic restoration, 3- condition; Hammered Sold at $50,000 plus commission of 10.00%; Final Price $55,000 -- Spinner wheel covers, whitewalls, WonderBar radio, P/S, P/B, automatic. ex-Charlie Cawley. Good looking paint, chrome, interior and top but superficially repainted without getting inside door, hood or trunk edges. Grungy, grimy chassis and engine. Good major chrome. A superficially cosmetically restored driver. Sold by RM at Meadow Brook in 2009 for $45,650 and by Worldwide in Atlantic City earlier this year for $59,400, this Olds is initially attractive but fails to hold its edge in closer inspection. As the history indicates, this is what it's worth.

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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