August 2018 Auction Highlights, Pt. II

Picking up in Monterey with Mecum, we have three Duesenbergs, two of which sold. J-262 brought $1,155,000 and the other two were previously-featured cars. J-386 brought $3,850,000 (which turned out to be the overall top seller) and J-255 failed to sell. Excitingly, Alexander Rossi’s Indy 500-winning car sold for $1,127,500. On a related note, Most Interesting goes to this 1957 Kurtis Kraft 500G “Bardahl Special” that sold for $258,500.

Photo – Mecum

The Alpine Edition Diablo brought $253,000. Cars that failed to meet their reserve included the Lamborghini Murcielago, Ferrari F12tdf, the Sang Noir Veyron, Lamborghini Centenario, Porsche 550A, and a previously-featured Locomobile, and Porsche GT3.

We move on now to Russo & Steele in Monterey where they sold John Cena’s 2017 Ford GT for $1,540,000.

Photo – Russo & Steele

The GSM Dart that we featured from their Newport Beach sale (and failed to sell there) also failed to sell here. Click here for more results.

Finally from Monterey we have Worldwide Auctioneers. The top sale was $1,320,000 for the Duesenberg Convertible Sedan we featured. The Tourster brought $775,500. Most Interesting goes to this 1916 Locomobile Model 38 Collapsible Cabriolet that sold for $473,000. Click here for final results.

Photo – Worldwide Auctioneers

Off to the fun that is Auburn, Indiana, in the fall. RM Sotheby’s is where we’ll start and top money went to this 1957 Mercedes-Benz 300SL Roadster for $852,500. The Duesenberg we featured wasn’t far behind, selling for $737,000.

Photo Courtesy of RM Sotheby’s

Going through the results of this sale every year makes me sick to my stomach. This year there were at least a dozen cars that are things I would love to have (and can actually afford!) and failed to purchase because I didn’t make the trip to Auburn. Such deals would’ve included the Maxwell we featured that brought just $13,200. Similarly, the 1920 Buick went for $14,300, the Cole $28,600, and the White $29,700. A previously-featured Terraplane failed to sell and complete results can be found here.

Held the same weekend as the previous sale, Bonhams had an auction across the pond in Beaulieu. The top reported sale here (there was a pre-war Bentley that they aren’t reporting the sale price on) was $283,001 paid for this 1935 AC 2-Litre 16/80HP Competition ‘Slab-Tank’ Sports.

Photo – Bonhams

Among our feature cars, a previously-featured Marendaz led the way at $111,710. Four of the five old cars we featured sold, the exception being the Paige-Detroit. The Corre brought the biggest money at $40,215. The Phoenix blew past its estimate, selling for $32,768, the Reo sold for $23,831, and the Alldays & Onions brought $33,513. Click here for more from Bonhams.

Sbarro Espera Genesis

2008 Sbarro Espera Genesis

Offered by RM Sotheby’s | London, U.K. | September 5, 2018

Photo Courtesy of RM Sotheby’s

Franco Sbarro’s automotive design school is located in Belfort, France, and has been responsible for some pretty wild concept cars. Basically, you go to design school and your final class project is to build a car that Sbarro takes to the Geneva Motor Show.

This was built by the class of 2007-2008, and here was the car from the year before. This one is powered by a V6 from Peugeot and has no top, no windshield, and no rear-view mirrors. It could be a great track toy or, if you’re European, eventually road-registered with enough effort. Design cues range from hot rod, to F1 car, to KTM X-Bow, to Plymouth Prowler, to Polaris Slingshot. And this car pre-dates two of those.

This one-off is expected to bring between $19,000-$25,000 at auction. Click here for more info and here for more from this sale.

Update: Sold $10,401.

1992 Maserati Barchetta

1992 Maserati Barchetta

Offered by RM Sotheby’s | London, U.K. | September 5, 2018

Photo Courtesy of RM Sotheby’s

The Maserati Barchetta was a purpose-built race car from Maserati intended to compete in a one-make racing series, the Grantrofeo Monomarca Barchetta Maserati. They only built 17 of these and they went to well-heeled semi-professional drivers who competed against each other at tracks around Europe, but mostly in Italy. The series ran in 1992 and 1993 only.

All Barchettas are powered by a twin-turbo 2.0-liter V6 good for 315 horsepower. They’re very light, with fiberglass and carbon fiber bodies. The whole thing really wasn’t much of a success and Maserati wasn’t exactly flying high in 1992 to begin with.

They tried to make a road car variant, but only one prototype was built, although some of these are currently road-registered in Europe. The project sort of lived on briefly as the similar-looking De Tomaso Guara, but they had a slightly different body and engine. This particular chassis finished 4th in the first year of the Championship and you can read more here and see more from RM Sotheby’s in London here.

Update: Not sold.

August 2018 Auction Highlights, Pt. I

Before we get to August, we have another one from July: Silverstone Auctions’ Silverstone Classic Sale. The top sale was this 1958 Mercedes-Benz 300SL Roadster for $1,127,595.

Photo – Silverstone Auctions

The TVR Sagaris failed to sell, but the Rinspeed R69 sold for $73,699 and a previously-featured Lola F1 street car brought $69,277. More results can be found here.

First up in August is Mecum’s Harrisburg sale and, big shocker, a 2006 Ford GT was the top sale. It went for $302,500. A previously-featured Continental Mk II failed to find a new home at this sale as well. Full results can be found here.

Photo – Mecum

And now we’re into Monterey… starting with Bonhams. The Mayfair 540K brought $3,277,500 but was eclipsed for top sale honors by this 1948 Alfa Romeo 6C 2500 Competitzione that went for $3,525,000.

Photo – Bonhams

The Talbot-Lago Coupe de Ville brought $962,000 and the Delahaye failed to sell. Other no-sales included the Simplex Crane and the 1913 Mercedes Phaeton. The 1934 BMW Roadster sold for $134,400 and the wonderful Fina Sport sold for $775,000. Click here for more results.

We’ll cover Gooding & Company next. The amazing SSJ Duesenberg sold for $22,000,000 – the most expensive American car ever to trade hands at auction and easily the top seller at this sale. Other big-ticket items included the Porsche RS Spyder at $4,510,000 and the 1966 911 Spyder for $1,430,000. Most Interesting goes to this 1972 Ferrari 365 GTB/4 Daytona NART Spider by Michelotti that sold for $572,000.

Photo – Gooding & Company

A previously-featured Maserati sold again here for $797,500. The Gulf-Mirage GR8 and the Derham Duesenberg failed to sell. Click here for complete results.

And finally, for now, RM Sotheby’s in Monterey. The Le Mans podium-finishing GT40 brought an impressive $9,795,000 – but that was far, far from the biggest sale of the day. Even the $21,455,000 Aston Martin DP215 didn’t come close. No, the honor goes to the much-hyped Ferrari 250 GTO that managed $48,405,000. That cleared the last 250 GTO to change hands by a cool $10 million.

We’ll give Most Interesting to this two-tone 1939 Lagonda V-12 Drophead Coupe that brought $307,500.

Photo Courtesy of RM Sotheby’s

The Plymouth Asimmetrica sold for $335,000, but the Fiat-Patriarca, Isotta-Fraschini Boattail, Ferrari 250 MM, and Ferrari 375 America all failed to sell. Click here for the rest of the results.

Duesenberg J-118

1929 Duesenberg Model J Sedan by Derham (and Bohman & Schwartz)

Offered by RM Sotheby’s | Auburn, Indiana | August 30-September 2, 2018

Photo Courtesy of RM Sotheby’s

The Duesenberg Model J was introduced in 1929, and the car you see here is a very early example, carrying engine number J-118, or the 18th example built. But this is not how a normal 1929 Duesenberg would have looked.

Originally bodied as a Derham Sedan, this car was the first Duesenberg bodied by that firm. Sometime in the 1930s, the car ended up in the Santa Barbra Channel and was then sold to a new owner. As some of the car was ruined, he sent it to Bohman and Schwartz to update the bodywork and interior. So it now carries a mid-30s streamlined design.

The 265 horsepower, 6.9-liter straight-eight is original, however. Part of the Blackhawk Collection in the mid-1990s when it was last repainted and freshened, this car has been the same collection for the better part of a decade and should bring between $750,000-$950,000 at auction. Click here for more info and here for more from this sale.

Update: Sold $737,000.

Update: Sold, Worldwide Auctioneers, Scottsdale 2022, $2,260,000.

Four Cars From RM in Auburn

Four Cars From RM in Auburn

Offered by RM Sotheby’s | Auburn, Indiana | August 30-September 2, 2018


1913 Maxwell Model 25 Touring

Photo Courtesy of RM Sotheby’s

Maxwell was founded in 1905 by Jonathan Dixon Maxwell and Benjamin Briscoe in Tarrytown, New York. It was the only surviving marque of Briscoe’s disastrous United States Motor Company conglomerate and would become known as Chrysler in 1925.

The Model 25 was actually sold in 1914 through 1924 but this car is apparently titled as a 1913. Power came from a 21 horsepower straight-four backed by a 3-speed manual transmission. This car is unrestored and would make a great driver. It should bring between $20,000-$30,000. Click here for more info.

Update: Sold $13,200.


1914 White Model Thirty G.A.H. Touring

Photo Courtesy of RM Sotheby’s

The White Motor Company was around for 80 years, but only produced passenger cars for the first 18 of those. And the earliest examples were powered by steam before they focused on gasoline power (and ultimately diesel trucks).

White had a very strange model naming system going from about 1910 through 1916. Take for instance, this Model G.E.D. Touring. The 1914 model range consisted of the Model Thirty, the Model Forty, and Model Sixty. The Model Thirty was broken down as the G.A.F. Touring, Roadster, and Coupe. G.A.H. cars were actually built in 1916 so it’s hard telling why this is titled as a 1914. At any rate, it should bring between $45,000-$65,000 and you can read more here.

Update: Sold $29,700.


1919 Cole Aero Eight Sportster

Photo Courtesy of RM Sotheby’s

The Cole Motor Car Company was founded by Joseph Cole in Indianapolis in 1909. Their claim to fame was that they were one of the first companies to offer a V8 engine in their cars. It debuted in 1915 for the 1916 model year and would last through the end of Cole production in 1925.

1919 Coles were dubbed the Series 870 and featured a 39 horsepower version of the company’s V8. In 1920, the “Aero Eight” moniker was introduced and the $2,750 4-passenger Sportster would’ve featured an upgraded 80 horsepower version of the engine. If this is a true Sportster, it’s going to have the big engine. It should bring between $20,000-$30,000. Click here for more info.

Update: Sold $28,600.


1920 Buick Model K Roadster

Photo Courtesy of RM Sotheby’s

Buick only offered six-cylinder cars between 1919 and 1921. 1919’s Model H would become 1920’s Model K. For 1921 Buick moved to the Series 21 and would continue with numerical sequencing through 1924.

A 4.0-liter straight-six created 27 horsepower in the Model K and this 2-door, 3-passenger Roadster was the cheapest model offered at $1,495. About 19,000 of them were made in 1920 and this one should bring between $15,000-$25,000. Click here for more info and here for more from this sale.

Update: Sold $14,300.

Maxwell Touring

1913 Maxwell Model 25 Touring

Offered by RM Sotheby’s | Auburn, Indiana | August 30-September 2, 2018

Photo Courtesy of RM Sotheby’s

Maxwell was founded in 1905 by Jonathan Dixon Maxwell and Benjamin Briscoe in Tarrytown, New York. It was the only surviving marque of Briscoe’s disastrous United States Motor Company conglomerate and would become known as Chrysler in 1925.

The Model 25 was actually sold in 1914 through 1924 but this car is apparently titled as a 1913. Power came from a 21 horsepower straight-four backed by a 3-speed manual transmission. This car is unrestored and would make a great driver. It should bring between $20,000-$30,000. Click here for more info.

Update: Sold $13,200.

White G.A.H. Touring

1914 White Model Thirty G.A.H. Touring

Offered by RM Sotheby’s | Auburn, Indiana | August 30-September 2, 2018

Photo Courtesy of RM Sotheby’s

The White Motor Company was around for 80 years, but only produced passenger cars for the first 18 of those. And the earliest examples were powered by steam before they focused on gasoline power (and ultimately diesel trucks).

White had a very strange model naming system going from about 1910 through 1916. Take, for instance, this Model G.E.D. Touring. The 1914 model range consisted of the Model Thirty, the Model Forty, and Model Sixty. The Model Thirty was broken down as the G.A.F. Touring, Roadster, and Coupe. G.A.H. cars were actually built in 1916, so it’s hard telling why this is titled as a 1914. At any rate, it should bring between $45,000-$65,000, and you can read more here.

Update: Sold $29,700.

1920 Buick Model K

1920 Buick Model K Roadster

Offered by RM Sotheby’s | Auburn, Indiana | August 30-September 2, 2018

Photo Courtesy of RM Sotheby’s

Buick only offered six-cylinder cars between 1919 and 1921. 1919’s Model H would become 1920’s Model K. For 1921 Buick moved to the Series 21 and would continue with numerical sequencing through 1924.

A 4.0-liter straight-six created 27 horsepower in the Model K and this 2-door, 3-passenger Roadster was the cheapest model offered at $1,495. About 19,000 of them were made in 1920 and this one should bring between $15,000-$25,000. Click here for more info and here for more from this sale.

Update: Sold $14,300.

Cole Aero Eight

1919 Cole Aero Eight Sportster

Offered by RM Sotheby’s | Auburn, Indiana | August 30-September 2, 2018

Photo Courtesy of RM Sotheby’s

The Cole Motor Car Company was founded by Joseph Cole in Indianapolis in 1909. Their claim to fame was that they were one of the first companies to offer a V8 engine in their cars. It debuted in 1915 for the 1916 model year and would last through the end of Cole production in 1925.

1919 Coles were dubbed the Series 870 and featured a 39 horsepower version of the company’s V8. In 1920, the “Aero Eight” moniker was introduced and the $2,750 4-passenger Sportster would’ve featured an upgraded 80 horsepower version of the engine. If this is a true Sportster, it’s going to have the big engine. It should bring between $20,000-$30,000. Click here for more info.

Update: Sold $28,600.