The First Art Newspaper on the Net Established in 1996 United States Tuesday, July 29, 2014


RM Auctions Vintage Motor Cars of Hershey Event Posts $8.8 Million in Total Sales with 100% of all Lots Sold
Top sale honors went to a majestic and well-documented 1929 Duesenberg Model J Convertible Coupe. Photo: Darin Schnabel ©2010 Courtesy of RM Auctions.
HERSHEY, PA.- 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 all 297 lots presented exchanging hands for a total of $8.8 million in sales.

Highlighted by a wonderful series of Brass Era automobiles, the two-day sale saw over 140 vehicles, joined by a selection of vintage motorcycles and automotive-themed memorabilia, cross the auction podium before a packed house, with all lots finding new homes. 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, J194, 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.

“We are thrilled with the results from our Hershey sale, particularly the 100% sell-through which reflects not only the quality of the consignments, but our team’s commitment to providing accurate estimates and effective marketing campaigns. The sale enjoyed strong interest from around the world, with bidder numbers surpassing those from the 2009 sale. In addition, over 25 percent of bidders represented new clientele,” says Rob Myers, CEO and Founder, RM Auctions.

“The results also reflect a continued strong interest in the early segment of the market. The Brass Era vehicles were the toast of the sale and well-matched to the Hershey crowd who recognized their incredible quality and rarity, resulting in lively bidding and many lots exceeding expectations,” Myers adds.

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).

“We are extremely pleased with the results achieved for our prized collection at RM’s Hershey sale,” said Steve Sichel on behalf of the Sichel family following the auction.

“We went with RM as they are the specialists and they certainly did not disappoint. We can say nothing but excellence for all aspects of the sale, from the staff to the care and handling of the collection to the auction itself. It was a first class experience and the results exceeded all of our expectations.”

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 www.rmauctions.com.



Today's News

October 11, 2010

Overview of Ernst Ludwig Kirchner’s Creative Development at Hamburger Kunsthalle

Ai Weiwei Presents New Commission in The Unilever Series at Tate Modern's Turbine Hall

Exceptional Public Exhibitions, Events and Auctions at Christie's During Frieze Week

Rare Nude Study by Czech Photographer Frantisek Drtikol to Sell at Bonhams

British Sculptor Sir Anthony Caro OM, CBE to Exhibit at Sculpture by the Sea, Bondi

Sotheby's to Sell Francis Bacon's Figure In Movement, Gift from the Artist to his Doctor

RM Auctions Vintage Motor Cars of Hershey Event Posts $8.8 Million in Total Sales with 100% of all Lots Sold

Artistic Installations to be Shown in Recently Discovered Labyrinth Beneath London's Waterloo Station

Miami International Art Fair, a New Unique Art Fair Model for the 21st Century

The Christian Stein Collection: A History of Italian Art at the Valencian Institute of Modern Art

Exhibition of New Paintings by Sandra Lerner on Display at June Kelly Gallery in New York

Model of Renzo Piano-Designed West Building Now on View at the Kimbell Art Museum

An Impressive and Comprehensive Collection of Glorious Quilts Celebrate the "Year of the Quilt"

Suchan Kinoshita Exhibits at Museum Ludwig as Part of Winning Fine Arts Prize

Three Emerging London-Based Artists Present 'Transmission' at Haunch of Venison

Largest-Ever Exhibition in Scandinavia of the Work of Alice Neel at Moderna Museet Malmö

Deichtorhallen Hamburg Provides a Comprehensive Insight into the Art of Poul Gernes

Solo Show of Paintings by the American Artist Pat Steir at Galerie Jaeger Bucher

Local Collector's Estate Realizes Over $900,000 at Auction

Major 20th-Century Private Sculpture Collection Goes to Chazen Museum of Art

Picasso to Julie Mehretu: Modern Drawings from the British Museum Collection

Jericho Unveils a Massive 1,200-Year-Old Carpet Mosaic Measuring Nearly 900 Square Meters

Phillips Collection Names Klaus Ottmann Curator at Large

Galerie Michael Janssen Opens First Exhibition with Belgian Artist Joris Van de Moortel

SMU's Meadows and Prado Museum Officials Sign Partnership Agreement in Madrid

Jonas Lipps' "Available Material of the Necessary Time" at Klosterfelde

Christie's Rediscovers a Rare 17th Century Set of Silver Playing Cards to Be Sold in October

Most Popular Last Seven Days



1.- Archaeologists discover Roman 'free choice' cemetery in the 2,700-year-old ancient port of Rome

2.- Romanians must pay 18 million euros over Kunsthal Museum Rotterdam art heist

3.- Hello Kitty designer Yuko Yamaguchi defends cute character as cat turns 40 years old

4.- eBay and Sotheby's partner to bring world class art and collectibles to a global community

5.- Exhibition on Screen returns with new series of films bringing great art to big screens across the globe

6.- Marina Abramović reaches half way point of her '512 Hours' performance at the Serpentine Gallery

7.- The Phillips Collection in Washington introduces a uCurate app for curating on-the-go

8.- United States comic icon Archie Andrews dies saving openly gay character

9.- New feathered predatory fossil, unearthed in China, sheds light on dinosaur flight

10.- Exhibition at Thyssen Bornemisza Museum presents an analysis of the concept of the 'unfinished'



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Rmz. - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site