Spirit Magazine SPRING 2011 - Spirit of St Louis Region - CCCA

Vintage Motor Cars of Hershey Auction October 7-8, 2010By Tom HoltgraveAllan Franz was in upstate New York onthe Adirondack CARavan so I was asked to coverthis event for him. The entire RM auction was noreserve and included cars from the estates ofClyde Engor, Sr., John O’Quinn and GeraldSichel. The total proceeds brought 8.8 milliondollars. According to RM auctions, in addition tothe bidders on the scene there were eighteenforeign countries represented as telephone andinternet bidders. Twenty-five percent of thebidders were new to them.As Full Classics® go in this lineup, a sleeperwas lot 351, a 1931 Lincoln Model K town sedan,The catalog placed a selling estimate of $75,000 to$100,000. It sold for $62,700. Likewise, a 1931Lincoln Model K 7-passenger touring had a sellingestimate of $125,000 to $150,000 and it brought$101,750. Most of the other cars sold quite a bitabove the catalog selling estimate.1903 Packard Model F rear entry TonneauRM PhotoI was impressed with the quality and thequantity of the brass era cars. Twenty of the1900-1910 cars were from one collection. The topselling brass era car was a 1903 Packard Model Frear-entry Tonneau which brought $374,000. Itwas a Pebble Beach winner. My favorite brass eracar was the 1909 Thomas Flyer 6 40 7-passengertouring sedan. It was the most conventionallooking and one of the fastest.1931 Lincoln Model K Town SedanRM PhotoThis was the fourth RM auction at theHershey Lodge which is an excellent venue for it.I like the dignified presentation of the auctioneervs. the constant babel heard at other auctions.There are also two huge TV screens with thevideo of the car, and the last bid in American andCanadian dollars as well as Euros. Incidentally,the selling prices mentioned include a tenpercent “buyers premium”. You may wish tovisit www.rm.com to learn of upcoming auctionsthat may be of interest to you. 1909 Thomas Flyer 7-passenger TouringDaren Schnabel Photo1931 Lincoln Model K 7-passenger TouringRM PhotoSpring 201115