RM Auctions held its Concours d’Elegance of America at St. John’s sale on July 30, 2011 in Plymouth, Michigan, resulting in $7.6 million in sales with 85% of lots sold. Formerly known as the Meadow Brook auction, RM’s Michigan sale adopted a new home in 2011 – the Inn at St. John’s in Plymouth – and once again acted as a prelude to the Concours d’Elegance of America at St. John’s (July 31).
RM Auctions presented 70 automobiles during the four-hour auction, with the top sale going to the 1932 Packard Twin Six Individual Custom Convertible Sedan that sold for $1,100,000. Delivered new to famed American entertainer Al Jolson for $6,600, the Dietrich-bodied Packard was one of two built and unseen for nearly half a century.
“We are very pleased with the results from our St. John’s sale this weekend. They reflect the continuing strength of the market for quality collector cars and paint a positive forecast for the upcoming Pebble Beach auction week in August,” says Gerry Hockin, Chief Operating Officer, RM Auctions.
“Yesterday’s sale was very well-attended and the response to our new venue in Plymouth has been extremely positive. We look forward to returning in 2012,” Hockin adds.
In addition to the Packard, a 1939 Pontiac Plexiglas Deluxe Six ‘Ghost Car’, America’s first full-sized transparent car and a highlight of the 1939-40 New York World’s Fair, also attracted significant attention from collectors. Remarkably preserved and showing just 86 original miles, it sold for a final price of $308,000.
Other notable sales included: a 1929 Duesenberg Model J Convertible Berline for $704,000; a Special Order 1955 Mercedes-Benz 300 SL ‘Gullwing’ for $676,500; and a 1939 Lincoln Model K Convertible Sedan, built for King George VI and Queen Elizabeth and used as their 1939 Royal Canadian Tour car, for $297,000.
RM Auctions Concours d’Elegance of America at St. John’s 2011 – Top Ten Results
1. 1932 Packard Twin Six Individual Custom Convertible Sedan – $1,100,000
2. 1929 Duesenberg Model J Convertible Berline – $704,000
3. 1955 Mercedes-Benz 300 SL Gullwing – $676,500
4. 1934 Duesenberg Model J Boattail Speedster – $506,000
5. 1939 Pontiac Plexiglas Deluxe Six ‘Ghost Car’ – $308,000
6. 1939 Lincoln Model K Convertible Sedan – $297,000
7. 1931 Cadillac V-12 Five-Passenger Phaeton – $200,750
8. 1930 Packard 734 Speedster Runabout – $187,000
9. 1939 Packard Twelve All Weather Cabriolet – $178,750
10. 1938 Packard Twelve Convertible Coupe – $165,000
RM Auctions Concours d’Elegance of America at St. John’s 2011 – Complete Results
RM Auctions continues its 2011 summer events calendar, August 19 – 20 in Monterey, California. Full event details and the digital catalog for the Monterey sale are available at www.rmauctions.com/monterey.
[Source: RM Auctions]
