RM Auctions held the Icons of Speed and Style auction on September 26th, 2009 at the Peterson Automotive Museum in Los Angeles, California. Offered without reserve, this single-owner collection of more than 80 cars reached total sales of $6,905,952.
Top sale went to the 1965 Dodge A100 Pickup Truck “Little Red Wagon” Wheelstander that exceeded its high estimate of $300,000, bringing a very strong $550,000. The “Little Red Wagon” was famously campaigned by Bill “Maverick” Golden, running the quarter-mile with the wheels up in the mid 11-second range and becoming drag racing’s first full-time exhibition act, thrilling crowds for nearly 40 years.
“The auction marked a rare occasion where many of the highlight dragsters and customs were reunited with their original drivers and designers to the delight of the crowd,” said Ian Kelleher, President and Chief Operating Officer, RM Auctions.
“Many cars sold within their pre-auction estimates with some selling for more than anticipated. Given the advance promotion, advertising and marketing we were pleased with the attendance and the results appear to be largely inline and reflective of the current market sensitivity,” he added.
RM Auctions rounds out its 2009 auction calendar next month with the presentation of two important events: Vintage Motor Cars of Hershey, October 8 & 9 in Hershey, PA; and, Automobiles of London, October 28 in London, England.