RM Auctions, the world’s largest collector car auction house, achieved a successful 100% sell-through rate at its Hershey, Pennsylvania sale last week, with over 140 vehicles, joined by a selection of vintage motorcycles and automotive-themed memorabilia, exchanging hands for a total of $8.8 million in sales. Bidders in the room were joined by those on the phone and via the Internet, with interest received from 18 countries around the world, including as far away as Argentina, Turkey and Australia.
Top sale honors went to a majestic and well-documented 1929 Duesenberg Model J Convertible Coupe, from the estate of Mr. John O’Quinn, which went to a telephone bidder for $748,000. A London-to-Brighton eligible 1903 Packard Model F Rear-Entry Tonneau, offered from the same collection, exceeded its pre-sale estimate selling for $374,000 to lead the strong results achieved for the selection of Brass Era vehicles.
Additional sale highlights included an exceptional selection of vehicles from the private collection of Gerald Sichel, including 20 cars that predated 1910. Well-received by the audience, numerous examples exceeded their pre-sale high estimates, including a 1907 Cadillac Model K Light Runabout ($66,000), a 1912 Autocar 14-Passenger Bus ($52,250), a 1911 E-M-F 30 Coupe ($50,600), a 1932 Packard Light Eight Sedan ($47,300) and, a 1915 Chevrolet Amesbury Special Roadster ($38,500).
RM will round out its 2010 auction calendar over the coming weeks with two important events: Automobiles of London, to be held October 27 in the UK, and The Milton Robson Collection, scheduled for November 13 in Gainesville, Georgia, USA. Further details on both events, including a full car list and digital auction catalog are available online at RM Auction.