Auburn Spring Auction Sales Up
Article by KPC Media | KPC News | May 4, 2019
AUBURN — RM Auctions sold vehicles and collectibles worth more than $6.8 million last week during its four-day Auburn Spring collector car weekend, the company said.
Bidders came to Auburn Auction Park from 11 countries, with more than 40 percent representing first-time RM Auctions clients, the company reported Monday. The sale took place Wednesday through Saturday on the grounds south of Auburn.
The company said its sales included a diverse top three cars: a “marvelously restored” and ACD Club Category One-certified 1930 Cord L-29 Convertible Phaeton Sedan — built in Auburn — topped the list at $157,300.
A 2015 Rolls-Royce Wraith with only one previous owner sold for $156,750 to rank second. Rounding out the top three was a 1965 Shelby Cobra 289 “CSX 8001,”,the first 8000-series 289 Cobra by Shelby American, selling for $104,500.
The company said a well-equipped 1971 Mercedes-Benz 280 SL “Pagoda” exceeded expectations at a price of $93,500 — nearly $20,000 above the estimated range.
A restored 1969 Plymouth GTX sold for $57,000 Friday, surpassing its estimate of
$40,000-$45,000. A 1979 AMC AMX, showing what is believed to be an original 8,400 miles on the odometer, drew considerable pre-sale interest and sold for a $24,500 to more than double its estimate.
Auburn Spring began Wednesday and Thursday with more than 800 lots of memorabilia going up for bids, led by the signs and collectibles of the late Bob Strauss. The top seller of the collection was a Ford Jubilee Neon Sign, an 84-by- 42-inch multi-piece, rolled-edge neon, which brought $63,250.
Another memorabilia highlight was the Gas Flying A “chicken wings” logo neon sign with working neon, which surpassed its pre-sale estimate of $10,000-$20,000, bringing $27,730.
The Antique Automobile Club of America held its Annual Grand National Meet at Auburn Spring, welcoming 400 cars in total, along with 200 judges and thousands of guests.
The club’s show included 16 finalists for the Zenith Award, bestowed annually upon the best restoration of the year. The 2019 award went to a 1931 Buick 8-94 Sport Roadster owned by David M. Landow of Bethesda, Maryland, who saw it through a seven-year restoration project.
The RM Sotheby’s Group is preparing for its Auburn Fall sale, scheduled for Aug. 29 through Sept. 1 at Auburn Auction Park.