HERSHEY 2019: The RM Sotheby’s Auction, Friday Oct. 11

Friday was Day Two of the RM Sotheby’s Auction at the Hershey Lodge (located of course in downtown Chocolate World). In contrast with Thursday’s auction, the cars were a mix of pre- and post-war (still dominated by the former), and some of the lots had reserves this time around. The performance of the pre-war iron was again impressive, with the cars selling for decent money, proving that there is still a market for ’20s and ’30s era vehicles. Friday also had a smattering of imports scattered amongst the American marques.

Pre-war metal ready to cross the block

As we’ve seen at every auction lately, Friday’s offerings included an estate sale, with a large poster proclaiming “The Complete Collection of Jack Dunning, Offered Entirely Without Reserve”. Presumably, Jack has either passed on and his heirs don’t care, or, he needed to liquidate and he didn’t care. I didn’t stick around long enough to witness any of Jack’s wares sell, but if you’re interested, RM has the results posted here.

Poster was impressive; so were his cars

I did watch the first dozen and a half or so cars go in, up, off, and back. The fine ground crew decided to start and drive most of these cars, so that treat was enjoyed after missing out on it the previous night. Of the vehicles I watched, only one failed to sell: a ’55 Chrysler C-300 (first year of the legendary 300s), which was bid up to $50,000 against a $70,000 estimate. Me thinks the right number is right in between.

1955 Chrysler C-300, no sale at $50,000 high bid

Overall, I do believe that RM Sotheby’s puts on an excellent auction. They work hard at it, and frankly, it shows. I’ve been fortunate to be a first-hand spectator at auctions by Bonhams, Barrett-Jackson, Carlisle, and Mecum, all of which are fine auction companies in their own right. But I’ve seen their hits and misses. RM seems to be the most consistent of the bunch.

Below is a selection of Friday’s sales, arranged in ascending hammer price order. The prices shown are exclusive of 10% buyer’s premium.

 

1953 Chevrolet 210 2-door sedan, sold for $11,000
1959 Nash Metropolitan coupe, sold for $12,000
1928 Ford Model A Roadster, sold for $13.500
1931 Ford Model A Roadster, sold for $17,000
1928 Ford Model AR Phaeton, sold for $21,000
1941 Ford V-8 Convertible Coupe, sold for $23,000
1931 Ford Model A Roadster, sold for $25,000
1963 Ford Falcon Futura convertible, sold for $27,500
1939 Ford V-8 Convertible Sedan, sold for $29,000
1963 Ford Falcon Futura Coupe, sold for $30,000
1962 Lincoln Continental sedan, sold for $35,000
1934 Ford V-8 Coupe, sold for $37,500
1936 Packard 120-B Convertible, sold for $52,500
1964 Fiat 2300S Coupe, sold for $52,500
1940 Ford V-8 Convertible Coupe, sold for $70,000
1929 Pierce-Arrow Roadster, sold for $75,000
1938 Packard Twelve Touring Cabriolet, sold for $110,000

 

All photographs copyright © 2019 Richard A. Reina. Photos may not be copied or reproduced without express written permission.

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