The RM Auctions Hershey 2014 sale was held October 9–10 in Hershey, Pennsylvania, resulting in $14,074,250 in total sales and a 93% sell-through rate at the auction held during the annual AACA Eastern Division Fall Meet. The results represented RM’s best Hershey performance to date.
Generated by the sale of 157 vehicles and select memorabilia before a packed auction room, results from the two-day sale were driven by several bidding contests both in the room and over the phones. Bidders hailed from 17 countries, with more than 25% representing first-time clientele.
“We’re ecstatic about the results achieved at this year’s Hershey sale,” says Gord Duff, car specialist, RM Auctions. “The incredible prices realized demonstrate RM’s proven success in presenting exceptional single-vendor collections within our catalogue sales, with both the Cars of John Moir and the Jeffrey Day Collection exceeding expectations. Overall, the results reflect the incredible quality presented, along with our ability to match the right product to the right venue. Hershey has certainly topped off what has been a record-breaking year of catalogue sales for our team.”
Highlighting Thursday evening’s sale session, top sale honors at the RM Auctions Hershey 2014 auction went to the 1930 Cadillac V-16 Roadster offered from the Cars of John Moir. Representing the ‘C’ in Moir’s unique A-to-Z Car Collection, the Cadillac had been in the Moir Family Car Barn since 1933. The Cadillac sold for $1,100,000, establishing a new auction record for the marque. Offered entirely without reserve, the Cars of John Moir, which also included a special AC Master Class and select family cars in addition to his eclectic alphabet collection, generated strong results across the board.
“Selling a family collection is a large emotional challenge,” said Jim Moir, son of John Moir Jr. following the sale. “It’s been a pleasure and an honor to deal with the people at RM Auctions who understand that and who take the care to be emotionally supportive, responsible, and timely, making it a smooth and gratifying experience.”
He added, “I think the original owner of the V-16 Cadillac, my grandfather, John Moir Sr., would be very proud and very happy.”
Friday night’s sale session was headlined by the Jeffrey Day Collection. The group of 50 vehicles were led by a highly-optioned 1956 Ford Fairlane Crown Victoria Skyliner ‘Glass Top’ that sold for $165,000, a new auction record for the model. Also commanding interest was the oldest lot of the sale, an expertly restored 1860 Abbott-Downing Stagecoach. A part of the Day Collection since 1971 and showing an amazing level of finish and detail throughout, the Stagecoach brought $330,000.
Further highlights included a 1905 FIAT 60 HP Five-Passenger Tourer, originally owned by August Anheuser Busch Sr., for $825,000, and a restored 1933 Chrysler CL Imperial Dual-Windshield Phaeton for $522,500.
RM Auctions Hershey 2014 – Top Ten Auction Results
1. 1930 Cadillac V-16 Roadster – $1,100,000
2. 1905 FIAT 60 HP Five-Passenger Tourer – $825,000
3. 1933 Chrysler CL Imperial Dual-Windshield Phaeton – $522,500
4. 1930 Cadillac V-16 Sport Phaeton – $412,500
5. 1932 Pierce-Arrow Model 53 Convertible Roadster – $407,000
6. 1958 AC Ace-Bristol – $341,000
7. 1860 Abbott-Downing Stagecoach – $330,000
8. 1941 Chris-Craft 27′ Model 115 Custom Runabout “Runaway Jane” – $258,500
9. 1930 Cadillac V-16 Madame X Sedan Cabriolet – $242,000
10. 1935 Auburn Eight Supercharged Cabriolet – $220,000
For complete auction results, visit www.rmauctions.com.
RM Auctions rounds out its 2014 calendar with the presentation of the Sam Pack Collection, November 14-15 in Dallas, Texas. Hosted by RM in association with Auctions America, this single-vendor sale will lift the gavel on a selection of 130 automobiles without reserve.
For full event details or to view the digital catalog, visit www.rmauctions.com.
[Source: RM Auctions]