RM Sotheby’s Hershey 2015 – Auction Report

RM Sotheby’s Hershey 2015 – Auction Report Page Six

1911 Oldsmobile Autocrat 'Yellow Peril' Tourabout
Lot # 262 1911 Oldsmobile Autocrat ‘Yellow Peril’ Tourabout; S/N 65877; Yellow/Black leather; Estimate $700,000 – $850,000; Older restoration, 1- condition; Hammered Sold at $635,000 plus commission of 10.00%; Final Price $698,500. With Reserve. RHD. 500 cubic inch T-head four, 4-speed, yellow wood spoke wheels, Rushmore headlights, dual rear spares, dual taillights. – The famed ‘Yellow Peril’ built and modified by Greenway Albert, known history from new. Excellent cosmetics, fresh paint and upholstery, bright brass. Electric lights and many other modern updates for touring. An exceptionally neat old ride. – Sold by Christie’s from Bill Lassiter’s collection in 1999 for $122,500, then by RM at Amelia in 2009 after the third of its restorations for $660,000. It is essentially the same now as it was six years ago and brought essentially the same price despite having covered many miles. Not many collector cars can parallel that record, or be this much fun to own.
1913 Pierce-Arrow Model 66-A 7-Passenger Touring
Lot # 267 1913 Pierce-Arrow Model 66-A 7-Passenger Touring; S/N 66667; Engine # 66667; Dark Red, Maroon accent/Black leather; Black leatherette top; Estimate $550,000 – $650,000; Older restoration, 2- condition; Hammered Sold at $755,000 plus commission of 10.00%; Final Price $830,500. With Reserve. RHD. 825 cubic inch T-head six rated 66 ALAM horsepower. Wood spoke wheels, Goodrich Silvertown blackwall tires, dual right side spares, nickel brightwork, Pierce-Arrow kerosene sidelights, Klaxon electric horn, Pierce Motometer, center facing jump seats, electric headlights and starter, Warner speedometer and clock. – Used for many years by the Minneapolis Fire Department, later owned by KICD in Spencer, Iowa for promotions. Donated to the local Shriners and swapped to Irving Jensen who restored it while letting the Shriners use it for parades. 1991 AACA National First Prize and showing its age and some miles, but still exceptional, a fine running example that has been used and enjoyed for decades but still is in excellent condition. – There was some major Brass at RM|Sotheby’s Hershey this year, but none more major than this magnificent old Pierce and the bidders were ready for it, giving it a deserved premium result 1/6 over the pre-sale high estimate.
1924 Cadillac V-63A V-8 7-Passenger Touring
Lot # 273 1924 Cadillac V-63A V-8 7-Passenger Touring; S/N; Engine # 63-C-1026; Purple, Black fenders/Black leather; Black leatherette top; Estimate – $60,000; Visually maintained, largely original, 4 condition; Hammered Sold at $30,000 plus commission of 10.00%; Final Price $33,000. No Reserve. Elgin clock, drum speedometer, forward facing jump seats, Bausch & Lomb drum headlights, wood spoke wheels, whitewall tires, rear footrest, rear-mounted spare. – Owned for many years by Charlotte Dewing Smith Cruikshank in Stamford, CT, then stored for decades. Blistered, crazing old paint, cracked old upholstery and body trim. Dirty, grungy old underbody, engine and chassis. Torn top liner but sound top. Cosmetically attended to a long while ago and not treated very well since; a restoration project. – This is a complete and highly original early Cadillac V-8 with a limited ownership history over decades. It is in weak condition but has a great story and is all there, making it a straightforward restoration project, or a preservation candidate. It should have been more popular with the Hershey bidders than this result indicates, but they may have been turned off by the condition issues; it certainly made a bad first impression.
1958 Mercedes-Benz 220S Cabriolet
Lot # 274 1958 Mercedes-Benz 220S Cabriolet; S/N 180030Z8518726; Engine # 1800111301; Light Ivory/Red vinyl; Black cloth top; Estimate $120,000 – $140,000; Cosmetic restoration, 3- condition; Hammered Sold at $100,000 plus commission of 10.00%; Final Price $110,000. With Reserve. Column shift 4-speed, Becker Europa multiband radio, heater, Hella fog lights, halogen headlights, hubcaps, trim rings, whitewalls. – Good paint, poor door and trunk fits. Good upholstery. Poor interior wood, especially the cracked, poorly fit dashtop. Stiff, cracked windshield seal. Ugly old underbody covered up with some casually applied shiny undercoat. Cracked hood badge. Orderly unrestored engine compartment. Road grimy chassis and running gear. A rather forlorn car with some lipstick. – The seller should be overjoyed to get this much for a car with so many needs and shortcomings. The new owner may feel some remorse.
1936 Chrysler Imperial Airflow 4-Dr. Sedan
Lot # 277 1936 Chrysler Imperial Airflow 4-Dr. Sedan; S/N 7015285; Del Monte Beige Metallic/Grey cloth; Estimate $100,000 – $125,000; Recent restoration, 2+ condition; Hammered Sold at $160,000 plus commission of 10.00%; Final Price $176,000. With Reserve. Skirts, fog lights, wide whitewalls, pushbutton radio, heater, windshield defroster fan. – Restored like new with excellent paint, chrome and interior. Done completely, thoroughly and correctly without being overdone. – This is a magnificent example of a milestone automobile with meticulous attention to every detail. It is beyond reproach and worth every penny of this over-estimate price. When someone talks about ‘buying the best you can afford’ look no further than this car to feature on the poster.
1963 Chevrolet Corvette Coupe
Lot # 285 1963 Chevrolet Corvette Coupe; S/N 30837S107148; Engine # 3107148F0107RE; Riverside Red/Red vinyl; Estimate $80,000 – $120,000; Visually maintained, largely original, 3- condition; Hammered Sold at $70,000 plus commission of 10.00%; Final Price $77,000. With Reserve. 327/340hp, 4-speed, alloy centerlock wheels, narrow whitewalls, AM-FM radio. – Sound repaint, chrome and upholstery. Aged, chipped instrument panel. Dirty, old chassis and engine compartment. Underbody superficially repainted. A handsome Corvette with a desirable engine but suffering from mediocre treatment. – An appropriate price for a driver quality Corvette.
1965 Austin-Healey 3000 Mk III Phase 2 Convertible
Lot # 286 1965 Austin-Healey 3000 Mk III Phase 2 Convertible; S/N HBJ8L32329; Engine # 29KR/U/H 6987; Dark Green/Black vinyl; Black cloth top; Estimate $50,000 – $65,000; Visually maintained, largely original, 3- condition; Hammered Sold at $45,000 plus commission of 10.00%; Final Price $49,500. No Reserve. Overdrive, silver painted wire wheels, Michelin XZX tires, Moto-Lita steering wheel, backup lights, map light, Sony cassette stereo. – Two owners from new. Sound but aged and erratically masked paint applied to an assembled car. Poor top fit, dirty wheels and engine compartment. Tattered remnant of hood insulation. Decent replaced interior. Needs attention and the work that has been done does not inspire confidence. – A wisely discounted Big Healey that takes fully into account the erratic nature and quality of the work that has been done. It would not have been a good buy at a price in the $30’s.
1957 Studebaker Golden Hawk 2-Dr. Hardtop
Lot # 287 1957 Studebaker Golden Hawk 2-Dr. Hardtop; S/N 6103678; Tiara Gold, Cream rear fender accent/Gold vinyl, cloth; Estimate $50,000 – $70,000; Visually maintained, largely original, 3 condition; Hammered Sold at $47,500 plus commission of 10.00%; Final Price $52,250. No Reserve. Supercharged Sweepstakes 289 engine, automatic, heater, pushbutton radio, wheel covers, narrow whitewalls, dual rear antennas, Twin-Traction axle, power steering. – Good repaint and new interior. Orderly but not restored engine compartment and chassis. Good chrome. A sound, presentable driver quality Studebaker with a long California, Arizona, Nevada history. – This result fully takes into account the dry, salt-free history of this Golden Hawk, and its impression of being cared for consistently for many years.

[Source: Rick Carey]