The RM Sotheby’s Hershey 2015 sale was held October 8–9 in Hershey, Pennsylvania, resulting in $16,344,387 and a 96 percent sell-through rate. This year’s auction results represent the company’s strongest performance in Pennsylvania, besting its 2014 total by more than 16 percent.
A feature attraction of the AACA Eastern Division Fall Meet, RM’s 2015 two-day Hershey sale welcomed bidders from 20 countries, with more than 20 percent representing new clientele. The top sale honors went to the 1913 Pierce-Arrow Model 66-A Seven-Passenger Touring, chassis 66667, which sold for $830,500 to applause from the packed auction room, after back-and-forth bids from interested parties both in the room and over the Internet. The Pierce-Arrow easily surpassed its pre-sale estimate of $550,000 – $650,000.
Joining the Model 66-A at the top of the list was the 1911 Oldsmobile Autocrat known as Yellow Peril, chassis 65877, that brought a final price of $698,500. Rounding out the top three and leading the selection of early European vehicles in the sale was a 1914 Rolls-Royce 40/50 HP Silver Ghost Landaulette, chassis 25EB, which brought a final $577,500 after a strong opening bid.
“Hershey proved once again to be the perfect venue for the offering of important early automotive design,” said Gord Duff, Specialist, RM Sotheby’s. “Brass Era powerhouses were the hit of the week, with the most exciting moment coming as our auctioneer Max Girardo opened bidding on the 1913 Pierce-Arrow, igniting a fierce competition that had the crowd roaring with every raise of a paddle. At another level of the market, expert restorations stood out, with top tier examples bringing well-deserved prices.”
A number of restored Classic Era automobiles exceeded pre-sale estimates, headed by a 1923 Duesenberg Model A Sport Phaeton, chassis 977, offered from 67 years of ownership, at $374,000, a new auction record for the model. Another example was the restored 1924 Marmon Model 34C Two-Passenger Speedster, chassis B2-5001, a best-of-category car boasting numerous awards, which sold for $203,500. Additional sales of note included a 1934 Pierce-Arrow Eight Two-Passenger Coupe, chassis 2080431, nearly doubling its estimate at $154,000, along with a 1936 Chrysler Imperial Airflow Sedan, chassis 7015285, at $176,000.
Memorabilia also achieved great prices, kicking off the auction on both Thursday and Friday evening. Stand outs included collectibles offered from the Richard Roy Estate Collection, most notably a trio of scale model replicas of World War II aircraft, led by the North American Aviation P-51 Mustang Model Plane at $21,850, more than triple its top estimate.
RM Sotheby’s Hershey 2015 – Top Ten Auction Results
1. 1913 Pierce-Arrow Model 66-A Seven-Passenger Touring – $830,500
2. 1911 Oldsmobile Autocrat “Yellow Peril” – $698,500
3. 1914 Rolls-Royce 40/50 HP Silver Ghost Landaulette – $577,500
4. 1932 Packard Twin Six Individual Custom Sport Phaeton – $440,000
5. 1929 Rolls-Royce Phantom II Torpedo Tourer – $434,500
6. 1914 Packard Six Five-Passenger Touring – $412,500
7. 1911 National Model 40 Speedway Roadster – $385,000
8. 1936 Packard Twelve Coupe Roadster – $385,000
9. 1923 Duesenberg Model A Sport Phaeton – $374,000
10. 1907 Thomas Flyer 4-60 Four-Passenger Runabout – $330,000
For complete auction results, visit rmsothebys.com.
RM Sotheby’s completes its 2015 auction calendar with a return to New York City for its ‘Driven by Disruption’ sale, December 10 at Sotheby’s Manhattan headquarters. The event will feature 30 creatively-styled and pioneering motor cars, along with select automobilia. As a prelude to the auction, a six-day exhibition will open over the weekend of December 5 in Sotheby’s 10th floor galleries.
For further information on upcoming events, visit rmsothebys.com or call +1 519 352 4575.
[Source: RM Sotheby’s]