RM Auctions staged its Concours d’Elegance of America at St. John’s sale on July 27, 2013 in Plymouth, Michigan, resulting in more than $7.7 million in total sales and a 90% sell-through rate. The single-day sale at the Inn at St. John’s lifted the gavel on a total of 77 automobiles, two boats and one motorcycle.
The top result at the 2013 RM Auctions Concours of America sale went to the 1929 Duesenberg Model J Dual-Cowl Phaeton that sold for $682,000. The Concours quality Duesenberg led a roster of American classics that crossed the auction podium, including a pair of Packards, a 1932 Packard Individual Custom Eight Convertible Victoria and a 1932 Packard Twin Six Sport Phaeton coming in second and third place, achieving $374,000 and $330,000 respectively.
Additional notable sales included a selection of motor cars from the collection of Michigan-based enthusiasts Richard and Linda Kughn, led by a 1934 Packard Super Eight Convertible Victoria which sold at $225,500; a 1934 Lincoln Model KB Convertible Sedan at $275,000 and a 1942 Lincoln Continental Cabriolet at $126,500, exceeding pre-sale expectations; and a range of classic American convertibles from a 1939 Ford DeLuxe Convertible at $140,250 to a 1961 Imperial Crown Convertible that changed hands for $148,500.
“We were very happy with the results of this year’s sale, a 90 percent sell through rate shows that quality motor cars continue to bring strong prices at auction,” says Gord Duff, car specialist, RM Auctions. “We’ve received a tremendous amount of positive feedback about the auction roster and venue and were once again honored to work with such a great team at the Concours d’Elegance of America at St. John’s. Together, the two events made for an exceptional weekend for enthusiasts and collectors from five countries and 30 states across the U.S.”
RM Auctions St. John’s 2013 – Top Ten Auction Results
1. 1929 Duesenberg Model J Dual-Cowl Phaeton – $682,000
2. 1932 Packard Individual Custom Eight Convertible Victoria – $374,000
3. 1932 Packard Twin Six Sport Phaeton – $330,000
3. 1933 Marmon Sixteen Five-Passenger Sedan – $330,000
5. 1934 Lincoln Model KB Convertible Sedan – $275,000
6. 1931 Cord L-29 Cabriolet – $231,000
7. 1934 Packard Super Eight Convertible Victoria – $225,500
8. 1935 Packard Twelve Coupe Roadster – $187,000
9. 1937 Cord 812 Phaeton – $173,250
10. 1931 Lincoln Model K Sport Phaeton – $165,000
RM Auctions continues its 2013 schedule with its flagship sale in Monterey, California, August 16–17 at the Portola Hotel and Spa and Monterey Conference Center, held during the Pebble Beach Classic Car Week, closely followed by its London auction on its new dates, September 8–9. Held in association with the St. James’s Concours of Elegance, the auction will be a two-day sale for the first time in the event’s history.
For additional information, visit rmauctions.com.
[Source: RM Auctions; photo: Eugene Robertson]