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Report: Auctions America, Auburn Spring Sale

What a Duesey!

It's a 66% sale rate for Auctions America by RM for its first sale at Indiana...

Auctions America top-seller: a 1932 Duesenberg Model J Five-Passenger Sedan, $ 404,250

Auctions America top-seller: a 1932 Duesenberg Model J Five-Passenger Sedan, $ 404,250

Auctions America by RM continued its mission to rebuild the Auburn Auction Park over the weekend, hosting a successful debut Spring sale in Auburn, Indiana, 12-15 May.

Attracting collectors and enthusiasts from across the continent and as far away as Argentina, Belgium and Austria, the three-day Auburn Spring Collector Car Auction presented 424 automobiles and a select range of memorabilia, generating over $ 6.75 million in sales with 66% of all lots sold.

A pair of Model J Duesenbergs claimed the top sale results of the weekend. Presented before a packed house during Saturday’s session, a 1932 Duesenberg Model J Five-Passenger Sedan (pictured) achieved $ 404,250, while a Duesenberg Model J Dual-Cowl Phaeton from the same year brought $ 375,000.

Also offered on Saturday was Baseball Hall of Famer, Reggie Jackson’s 1965 Shelby Mustang GT 350, which attracted lively bidding, exceeding its pre-sale estimate to sell for $ 247,500. The sale followed Mr. Jackson’s participation in a celebrity collector car panel discussion earlier in the day, which saw Jackson, along with Wayne Carini, Host of Chasing Classic Cars, Joe Bortz, concept car expert, and Glenn Bator, Head of Auctions America by RM’s new vintage motorcycle division, discuss the state of the market and their shared passion for the hobby

'We are delighted with the results and support received for our debut Auburn Spring sale, particularly from the local Auburn community who has been very welcoming to our team. Despite unseasonal weather conditions, the event was a great success with almost 10,000 enthusiasts visiting the park over the course of the weekend,' said Donnie Gould, President, Auctions America by RM.

Gould added: 'When we purchased the Auburn Auction Park last summer, it was our vision to return the park to its former glory and re-establish the annual Spring and Fall sales as ‘must attend’ events on the global collector car calendar. Our two Auburn events to date have provided a strong foundation which we will continue to build on.

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Auburn Spring top five auction results:

1932 Duesenberg Model J Five-Passenger Sedan - $ 404,250
1932 Duesenberg Model J Dual-Cowl Phaeton - $ 375,000
1965 Shelby Mustang GT 350 - $ 247,500
2005 Ford GT - $ 176,000
1938 Packard Twelve All-Weather Cabriolet - $ 152,900

 
 
 
 

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