Report and photos by Rick Carey, Auction Editor
Worldwide Auctioneers held their “The Main Event” Auburn Auction on September 4, 2010 at the Worldwide Headquarters in Auburn, Indiana.
Worldwide Group’s ambitious response to the demise of Kruse International, a 3-day auction at Worldwide’s headquarters midway between Auburn and Ft. Wayne, was anchored by the third year of their Auburn catalog sale, now distinguished from the consignment part of the sale with the title “The Main Event”.
Appropriately, one of the cars was a beautifully restored Packard Single Six Touring once owned by the family of famed pugilist “Gentleman Jim” Corbett.
Held on Saturday evening, The Main Event followed a successful three-day consignment auction, especially on the final day, Saturday, when auctioneer John Kruse was on the block and knocking down car after car. Last year’s Auburn Auction catalog sale had been disappointing, mired in the uncertainty of developments up the road at Kruse and the lingering malaise of the country’s financial upheaval. This year put it back on track to be one of the auction calendar’s main events.
Worldwide gathered a diverse, interesting, intriguing consignment of cars to The Main Event, something for pretty much every collecting taste from a delicious little Isetta with a trailer through some spectacular sports, muscle and GT cars, an intriguing collection of antique and brass cars, winding up with several magnificent classics with beautiful coachwork. It made for a milestone event.
Lot # 06 1955 Chevrolet Bel Air Convertible; S/N VC57A054912; Gypsy Red, Shoreline Beige/Red, Beige vinyl; Tan vinyl top; Estimate $100,000 – $120,000; Recent restoration, 1 condition; Hammered Sold at $95,000 plus commission of 10.00%; Final Price $104,500 — 265/162hp, Powerglide, P/S. P/B, WonderBar radio, wire wheel covers, whitewalls, oil filter, hockey stick sill moldings. Freshly restored and better than new. This car drove out of the restoration shop, into the transporter and from there to the auction preview. The restorer spent the preview polishing and primping it, the best way to instill confidence in bidders. A few more miles might have helped reassure bidders that everything worked and might have improved their willingness to keep bidding. (picture unavailable).
Lot # 11 1957 Rolls-Royce Silver Cloud I 4-Dr. Sedan; S/N SDD6; Black, Silver/Black leather; Estimate $70,000 – $90,000; Cosmetic restoration, 3+ condition; Not sold at Hammer bid of $50,000 — RHD. Fog lights, fender mirrors, picnic tables, original radio, wide trim rings, narrow whitewalls. Good new paint and excellent upholstery with only a little stretch on the driver’s seat. Weak trim chrome. As good as it is, it’s no better than the reported high bid. (picture unavailable).
Lot # 12 1926 Stutz Model AA 4-Dr. Sedan; S/N AA80397; Engine # 80392; Black, Red accent/Dark Red cloth; Estimate $50,000 – $60,000; Older restoration, 3+ condition; Hammered Sold at $40,000 plus commission of 10.00%; Final Price $44,000 — Red centerlock wire wheels, blackwall tires, dual sidemounts with mirrors, side window glass visors, metal luggage trunk, pulldown shades on rear and quarter windows. Good repaint, chrome, upholstery and interior wood. ‘Safety’ windshield with thin wire reinforcements. Not a show car but a more than attractive tour car. Formerly owned by ‘The Racing Stutz’ author Mark Howell, then by Paul Freehill. Believed to be the second-oldest surviving Stutz Vertical Eight. Featured in AQ. This is a significant car and it found a new home here at a fair price. (picture unavailable).
Lot # 13 1957 Dual-Ghia DG Convertible, Body by Ghia; S/N 134; Red/Tan leather; Tan top; Estimate $190,000 – $220,000; Recent restoration, 1 condition; Hammered Sold at $155,000 plus commission of 10.00%; Final Price $170,500 — Concours restoration on a rust free western car. Class winner at the Louisville Concours in 2008. Changed hands at a price that was fair to both the buyer and the seller. (picture unavailable).
Lot # 14 1931 Pierce-Arrow Model 42 Convertible Coupe; S/N 335440; Silver-Grey, Burgundy fenders and accent/Maroon leather; Tan cloth top; Estimate $200,000 – $250,000; Recent restoration, 2+ condition; Not sold at Hammer bid of $145,000 — Rumble seat, chrome wire wheels, dual sidemounts with cloth covers and mirrors. Excellent paint, chrome, interior and top. Restored to concours standards a few years ago and still in show-ready condition although with somewhat dated colors. Reported sold by RM at Amelia Island earlier this year for $205,000, it’s no surprise the consignor didn’t consider the high bid here sufficient to compensate for the car. (picture unavailable).