The RM Auctions Sam Pack Collection 2014 sale was held Saturday, November 15th at the Pack Automotive Museum in Dallas, Texas, resulting in $11,543,400 in total sales with 100 percent of all lots sold.
The result of more than a decade of acquisition by Sam Pack, the collection presented a series of fifties and sixties icons, a collection of Detroit muscle and a series of concepts, customs and modern collectibles. In total, Saturday’s sale lifted the gavel on 131 vehicles before a packed house. The offering represented just a portion of Mr. Pack’s collection, offered in an effort to downsize the group to a more manageable level and allowing him to remain active in the hobby. Bidders represented eight countries from around the world and 36 states across America.
“We were incredibly honored to have been entrusted by Mr. Pack to handle this sale, and thrilled to continue our strong track record in Texas,” said Ian Kelleher, Managing Director of RM Auctions’ and Auctions America’s West Coast Division. “The results reflect not only a great group of motor cars, but an appreciation for the passion of a true gentleman and collector. Mr. Pack’s unwavering commitment to quality was industry known and wonderfully represented by the offering this weekend. As an owner, he instilled confidence in many of the first time bidders and veteran collectors in attendance, who were more than happy to take home a car of excellent presentation and condition. All in all, it was a fantastic sale with plenty of spirited bidding and numerous lots exceeding expectations.”
Headlining the RM Auctions Sam Pack Collection 2014 sale was a 1967 Shelby 427 Cobra. A part of the collection since 2008, the American sports car achieved seven figures, selling for $1,292,500. Another hotly contested lot was the “as-new” 2006 Ford GT, one of 60 Fords that crossed the podium. Featuring delivery mileage only with less than 13 miles on its clock, the GT garnered $418,000 – a strong result that reflects the continued popularity and rising values of these late-model collectibles. Additional Fords exceeding pre-sale estimates included a supercharged 1957 Ford Thunderbird “F-Code”, which passed onto its fourth owner for $247,500, and a one-off 2012 Ford Mustang Boss 302 Laguna Seca Parnelli Jones Edition, showing just 38.5 miles, which commanded $88,000.
A series of customs also drew big bids. The 1939 Lincoln-Zephyr Coupe Custom, a creation with 600bhp, sold above estimate at $253,000, while a 1937 Ford Roadster Oze Custom, described as a street rod for the 21st century, achieved $99,000 against a pre-sale estimate of $60,000 – $80,000.
Another notable sale included a 2006 Chevrolet Monte Carlo SS NASCAR, campaigned by Jeff Gordon in the 2006 and 2007 seasons, that shattered its pre-sale estimate at $165,000.
Highlighting the collection’s group of concepts was a 2005 Ford Sport Trac Adrenalin Concept, unveiled at the 2005 New York Auto Show, which tripled its pre-sale estimate at $173,250. A one-of-a-kind 2004 Lincoln Mark X Concept, shown at the 2004 North American International Auto Show, also surpassed pre-sale expectations at $129,500.
Full proceeds from the sale of the collection’s 1970 Ford Mustang Boss 302 ($126,500), along with part proceeds from event admission, will be donated to Holy Angels, a residential and training campus for individuals with intellectual and development disabilities, in Shreveport, Louisiana.
“When I made the decision to pare down my collection, a lot of people asked me who I was going to use. Without hesitation, I said RM Auctions / Auctions America. In my opinion, they are the best in the business,” said Sam Pack. “I chose them based on years of respect and trust, and a relationship built on interacting with them as both a buyer and a seller. From their organization and process to their follow through and execution, the level of service they provide is unmatched. They are incredibly client-focused, and the fact that this weekend’s sale represented their 30th private collection in 35 years of business, speaks volumes.”
RM Auctions Sam Pack Collection 2014 – Top 10 Auction Results
1. 1967 Shelby 427 Cobra – $1,292,500
2. 1963 Shelby 289 Cobra – $880,000
3. 2006 Ford GT – $418,000
4. 1931 Chrysler CG Imperial Roadster – $341,000
5. 1969 Shelby Mustang GT500 Convertible – $280,500
6. 1939 Lincoln-Zephyr Coupe Custom – $253,000
7. 1957 Ford Thunderbird F-Code – $247,500
8. 1965 Shelby 289 Cobra Alloy Continuation – $225,500
9. 1932 Packard Eight Coupe Roadster – $209,000
10. 2005 Ford Sport Trac Adrenalin Concept – $173,250
For complete results from the Sam Pack Five Star Collection, visit www.rmauctions.com.
[Source: RM Auctions]