AUBURN, IN.- Auctions America
continued its mission to rebuild the Auburn Auction Park over the weekend, hosting a successful debut Spring sale in Auburn, Indiana, May 12 15.
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.
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, says Donnie Gould, President, Auctions America by RM.
Gould continues, 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.
A pair of majestic Model J Duesenbergs were the toast of the auction, returning to Indiana to claim the top sale results of the weekend. Presented before a packed house during Saturdays 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 Jacksons 1965 Shelby Mustang GT 350, which attracted lively bidding, exceeding its pre-sale estimate to sell for $247,500. The sale followed Mr. Jacksons 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 RMs new vintage motorcycle division, discuss the state of the market and their shared passion for the hobby.
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
In addition to the auction, the weekends program included a car corral and swap meet with over 450 spaces sold. Presented by Carlisle Events, the car corral saw many vehicles exchange hands over the course of the weekend, while the swap meet proved a treasure chest for enthusiasts, featuring a wide selection of performance parts, porcelain and neon signs, gas pumps, memorabilia and more.
We were thrilled to welcome the Carlisle Events team to Auburn for the first time and look forward to joining forces with them again in the Fall, says Gould.
Bill Miller III, partner, Carlisle Events comments, Following a highly successful Spring Carlisle Event last month, it was wonderful to partner with the Auctions America by RM team for another great collector car weekend, this time at their Auburn headquarters. I used to attend the Auburn Spring and Fall sales as a child and look forward to continuing to work with the Auctions America team to rebuild the park and return it to its heyday.
Auctions America by RM and Carlisle Events return to Auburn, September 1st 4th for the Auburn Fall Collector Car Auction, Swap Meet & Car Corral. A long-standing Labor Day tradition, the auction will feature over 1200 American classics, Detroit muscle, customs and hot rods, in addition to Auction Americas first extensive bike offering since announcing the development of its new vintage motorcycle division last month.