Auctions America's Highly Successful Auburn Spring Weekend Attracts Global Interest
Company press release.
• Auctions America generates more than $5.7 million in sales at annual Auburn Spring event, May 9 – 11
• Top-seller: 1930 Packard 745 Dual Cowl Phaeton realizes $198,000
• Auction attracts interest from global audience with one-third of bidders representing new clientele
• Inaugural AACA Central Division National Spring Meet a resounding success
• Auctions America continues its 2013 auction calendar, August 1 - 3 in Burbank, California
AUBURN, Indiana (May 14, 2013) – Auctions America continued its 2013 season this past weekend with its annual Auburn Spring collector car weekend at the historic Auburn Auction Park in Auburn, Indiana. The highly successful auction, which included automobiles, motorcycles and memorabilia, generated more than $5.7 million* in total sales with over 77 percent of all lots sold. Bringing together the collector car community to celebrate all things automotive, bidders hailed from seven countries around the world and 38 states across the U.S., with nearly one-third of participants representing new clientele.
Following a spirited round of bidding, top sale honors at the Auburn Spring event went to an AACA National First Prize winning 1930 Packard 745 Dual Cowl Phaeton, beautifully presented in black with green leather interior and a black convertible top. Fitted with the desirable 'Super 8' engine and benefitting from a well-preserved, first-rate restoration, the Packard achieved a strong $198,000 to applause from the crowd. A stunning 1931 Auburn 8-98 Boattail Speedster also attracted enthusiastic bidding, realizing $159,500, while a fully-equipped 1967 Shelby GT500 Fastback took third spot, garnering $121,000.
The highly anticipated selection of automobiles from the distinguished estate collection of John Soneff also sold well to a lively Saturday crowd. The top sale of the collection went to a resplendent black 1950 Hudson Commodore 8 Convertible Brougham for $112,200.
The Auburn Spring weekend also offered a number of attractions to suit any collector car enthusiast. Along with the swap meet and car corral presented exclusively by Carlisle Events, visitors to the Auction Park were thrilled with the chance to meet Richard Rawlings, star of Discovery's hit TV show, Fast N' Loud during two Saturday autograph sessions. The weekend was also host to the inaugural Antique Automobile Club of America Central Division National Spring Meet, which proved to be an exciting new attraction for AACA members and attendees alike.
'Thanks to a great team effort by the staff of Auctions America and AACA, our inaugural Central Division Spring Meet was a resounding success! We had almost 250 cars registered, 400 well-fed people at our banquet, and numerous empty wallets from attending the auction (and a few fat ones from selling)!' said Steve Moskowitz, Executive Director, AACA following the event. 'The reaction from our members and the public alike was astounding. We look forward to an ongoing relationship with Auctions America and a continued presence at Auburn, and extend our sincere thanks to both the Auctions America team and naturally, to all our volunteers.'
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'We could not have been happier with the turn out of the AACA's inaugural meet at Auburn Spring,' adds Donnie Gould, president, Auctions America. 'The impressive showing, along with very strong interest from bidders both nationally and abroad certainly took us one big step further in putting Auburn back on the map as the classic car capital of America. We look forward to welcoming clients back to the Auburn Auction Park for our annual flagship event, the Auburn Fall collector car weekend, August 29 – September 1.' Auctions America's Auburn Spring Top 5 sales: Lot 501 - 1930 Packard 745 Dual Cowl Phaeton $198,000 Lot 540 - 1931 Auburn 8-98 Boattail Speedster $159,500 Lot 557 - 1967 Shelby GT500 Fastback $121,000 Lot 524 - 1950 Hudson Commodore 8 Convertible Brougham $112,200 Lot 500 - 1955 Chrysler 300 $107,250 Auctions America continues its busy 2013 season with its debut California sale, August 1 - 3, at the Los Angeles Marriott Burbank Airport Hotel in Burbank, California. The multi-day collector car auction is expected to feature more than 400 quality collector cars, including a diverse assortment of European and American classics and sports cars, Detroit muscle, hot rods, and customs. Auctions America will welcome the collector car community back to the Auburn Auction Park for the annual Auburn Fall weekend, August 29 - September 1. A Labor Day weekend tradition, the multi-day event is one of the country's premier celebrations of the collector car hobby and the longest running event in collector car auction history. Complete results from Auctions America's Auburn Spring sale, along with further information on upcoming events, is available online at auctionsamerica.com. *Results are listed in USD and are inclusive of a 10 percent buyer's premium for all vehicles and a 15 percent buyer's premium for all motorcycles and memorabilia. About Auctions America Formed in July 2010, Auctions America specializes in the sale of American classics, European sports cars, Detroit muscle, hot rods and customs. Headquartered at the historic Auburn Auction Park in Indiana, Auctions America boasts an expert team of full-time vehicle specialists, who offer over 140 years of combined experience buying, selling, racing and restoring collector vehicles, making them uniquely qualified to advise on all aspects of the hobby. To learn more about Auctions America, visit auctionsamerica.com, find us on Facebook or follow us on Twitter @auctionsamerica. Photo Caption: 1930 Packard 745 Dual Cowl Phaeton (Photo Credit Andrew Smith © 2013 Courtesy of Auctions America)
