20 May 2013

Auction Results: Auctions America’s 2013 Spring Auburn sale

Auctions America’s annual Spring Auburn sale, held at the Auburn Auction Park in Auburn, Ind., totaled $5.6M in automotive sales, with 240 out of 431 cars and trucks selling (56%). This is substantially better than year’s $4.0M outing, though down roughly 15% from the $6.7M 2011 tally.

The variety of lots was outstanding, with cars ranging from Brass Era tourers to late-model exotics. Top seller for the event was an older restoration of a 1930 Packard 745 Dual Cowl Phaeton that sold for $198,000, including buyer’s premium. A beautiful 1931 Auburn Boattail earned $159,500, and a 1967 Fairlane with a replacement R-code motor did well at $90,750.

Plenty of Hudsons were onsite, with many coming from the John Soneff Collection. The 1950 Commodore 8 convertible sold for a very strong $112,200, continuing recent trends among these cars, and a 1952 Hornet Hollywood hardtop traded for a fair $33,000. A rare 1951 Crosley Super convertible looked like a great buy at $7,150. Microcars have been selling well in the wake of RM’s Bruce Weiner auction, and this cheery little Crosley has an upside.

Top 10

  1. 1930 Packard 745 Dual Cowl Phaeton sold for $198,000
  2. 1931 Auburn 8-98 Boattail Speedster sold for $159,500
  3. 1967 Shelby GT500 Fastback sold for $121,000
  4. 1950 Hudson Commodore 8 Convertible Brougham sold for $112,200
  5. 1955 Chrysler 300 Hardtop Coupe sold for $107,250
  6. 1959 Imperial Crown Convertible sold for $104,500
  7. 1903 Cadillac A Rear-Entry Tonneau sold for $95,000
  8. 1967 Ford Fairlane 500XL R-Code Hardtop Coupe sold for $90,750
  9. 1966 Chevrolet Corvette 427/425 Convertible sold for $88,000
  10. 1959 Porsche 356A Cabriolet sold for $80,850

The next sale for the Indiana-based subsidiary of RM Auctions is scheduled for Aug. 1-3, 2013, in Burbank, Calif. An anticipated 400 cars will be offered at this premiere auction.

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