RM Auctions, Vintage Motor Cars of Meadow Brook, Shotwell-Gustafson Pavilion, Meadow Brook Hall, Oakland, MI, July 24, 2010
Report and photos (unless noted) by Rick Carey, Auction Editor
RM has been coming to Meadow Brook a long time and has made it one of the cornerstones of its annual auction calendar, despite expanding throughout the U.S. and to Europe and the U.K. RM typically offers an attractive consignment of classic and antique cars here as well as many intriguing cars from the Twenties through Sixties.
Sports cars are noticeable mostly by their absence, consignors reasonably choosing to save them for the Monterey auction just a few weeks later, but the presence of “sports cars” like the Stutz 4F Bearcat more than make up for what might be missing in cars having names ending in vowels.
Last year’s Meadow Brook sale [I guess we still call it that even though they’re renaming the show the Concours d’Elegance of America] sold 81 of 102 cars, 79.4% with a total sale of $5,441,175; only one car beat its high estimate.
This year the numbers were quite different: 85 of 99 cars sold, 85.9%, $10,173,850 total and 8 cars over their high estimates. The total was helped by having fifteen high value cars from the estate of John O’Quinn. I think there were more, a lot more, O’Quinn cars which were cataloged as “From an Important Private Collection”, but RM is being circumspect about that.
The conundrum of the sale was the result achieved by the 1953 Chrysler “Thomas Special” which exceeded its $500,000 top estimate by 57%, a staggering $285,000 more on the successful hammer bid. It’s hard to fathom, but sometimes lightning strikes at the auctions; this time the electronics of the onlookers’ brains were only slightly fried in the process.
A separate table lists the results for all the cars offered. 71 of the 99 were written up with notes and post-sale comments and are noted in the table. (See Meadow Brook Summary Results).
[Source: Rick Carey]