RM’s Auctions America Sales Topped $13 Million

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The new owner of a long-running classic car auction in northern Indiana considers its first edition of the traditional Labor Day weekend sale a success, a company spokeswoman said. Auctions America by RM bought the former Kruse Auction Park in Auburn in July and said more than 25,000 people attended the weekend event, during which sales topped $13 million. Kerrey Kerr-Enskat, director of public relations for RM Auctions, said the company spent $1 million on improvements to the park. This year’s auction had a 51.5-percent sell-through rate, according to a news release. The top car was a rare 1934 Duesenberg Model JN that sold at auction for $962,500 to an anonymous telephone bidder. Second place went to a 1929 Duesenberg Model J 7-Passenger that sold for about $357,500. Overall, 17 cars were auctioned for more than $100,000, including the two Duesenbergs.

Here’s top sellers at Auctions America

– 1934 Duesenberg Model JN Convertible Sedan $962,500 – 1929 Duesenberg Model J 7-Passenger Sedan $357,500 – 1934 Packard Twelve by LeBaron Runabout Speedster $275,000 – 1933 Rolls-Royce Phatom II Skiff bodied Roadster $200,000 – 1938 Lincoln Model K Convertible Victoria by Brunn Convertible $200,750 – 1934 Ford Roadster (Marmon V16 Powered) $192,500 – 1932 Packard Deluxe 8 903 Sport Phaeton $184,250 – 1958 Desoto Firesweep Convertible $157,300 – 1953 Oldsmobile Fiesta Convertible $148,500 – 1929 Rolls-Royce Phantom II Weymann Saloon $143,000 – 1931 Packard Standard 8 Convertible Sedan $132,000 – 1931 Cadillac V12 Model 370 Convertible Coupe $130,900 – 1957 Chrysler 300 C Convertible $121,000 – 1960 Chrysler 300 F Convertible $121,000 – 1953 Buick Skylark Convertible $107,250 – 1936 Cord Phaeton $105,600 – 1968 Shelby Automobiles GT 500 Convertible $101,750