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The Pierce-Arrow Company had been launched in 1901 and by the late 1920s was experiencing financial difficulties in a changing marketplace. The company merged with Studebaker in 1928 and the results showed up in improved mechanics and styling. The merger had its benefits but by 1931, sales were in decline, as was the entire American luxury automobile market. By 1933, Pierce-Arrow was back in private hands.
Nevertheless, Pierce-Arrow continued to offer high-quality motorcars. January 2, 1935, saw the beginning of production of the Model 1245. Despite financial troubles, the federal government helped Pierce-Arrow keep its hopes alive in the gloomy days at that time by purchasing two limousines with bulletproof glass for J. Edgar Hoover. Pierce would go on to build a tiny 875 cars in 1935. From these 875, there was the option of the cars having 8-cylinders or 12-cylinders. These Model 1245 cars really incorporated some of the greatest Art Deco elements into their styling, from their headlights to their bumper to their long decorative hood vents. The Pierce-Arrows powerful engine drew in so much attention that it eventually became the engine that would power Seagrave fire engines up until 1981.
The 1935 Model 1245 was powered by a 462 cubic-inch, seven-main bearing Pierce-Arrow twelve-cylinder motor that developed 175 horsepower. Two wheelbases were available: 1939- and 144-inch. Its mechanical features included synchromesh transmission, safety glass in all windows, and an automatic choke.
This Pierce-Arrow V-12 convertible coupe is one of less than ten built in 1934 and there is significant evidence this is the car displayed at the Chicago Auto Show in January of 1935. Purchased new by a businessman in Dayton, Ohio, the car has only had three owners in its first 78 years. The car joined the car collecting hobby early in its history, as the second owner was the president of the Pierce-arrow Society in 1954. Having always been garaged and cared for, age finally started to show from many years of use, and was restored in 2005. The car has no modifications of any kind and is displayed the same as when it left the factory. With its one-year-only styling, this car represents the finest Pierce-Arrow had to offer in the mid-1930s.
Nevertheless, Pierce-Arrow continued to offer high-quality motorcars. January 2, 1935, saw the beginning of production of the Model 1245. Despite financial troubles, the federal government helped Pierce-Arrow keep its hopes alive in the gloomy days at that time by purchasing two limousines with bulletproof glass for J. Edgar Hoover. Pierce would go on to build a tiny 875 cars in 1935. From these 875, there was the option of the cars having 8-cylinders or 12-cylinders. These Model 1245 cars really incorporated some of the greatest Art Deco elements into their styling, from their headlights to their bumper to their long decorative hood vents. The Pierce-Arrows powerful engine drew in so much attention that it eventually became the engine that would power Seagrave fire engines up until 1981.
The 1935 Model 1245 was powered by a 462 cubic-inch, seven-main bearing Pierce-Arrow twelve-cylinder motor that developed 175 horsepower. Two wheelbases were available: 1939- and 144-inch. Its mechanical features included synchromesh transmission, safety glass in all windows, and an automatic choke.
This Pierce-Arrow V-12 convertible coupe is one of less than ten built in 1934 and there is significant evidence this is the car displayed at the Chicago Auto Show in January of 1935. Purchased new by a businessman in Dayton, Ohio, the car has only had three owners in its first 78 years. The car joined the car collecting hobby early in its history, as the second owner was the president of the Pierce-arrow Society in 1954. Having always been garaged and cared for, age finally started to show from many years of use, and was restored in 2005. The car has no modifications of any kind and is displayed the same as when it left the factory. With its one-year-only styling, this car represents the finest Pierce-Arrow had to offer in the mid-1930s.
No auction information available for this vehicle at this time.
1935 Pierce-Arrow 1245 Twelve Auction Sales
Recent Sales of the Pierce-Arrow 1245 Twelve
(Data based on Model Year 1935 sales)
1935 Pierce-Arrow Model 1245 Seven-Passenger Sedan Chassis#: 3540023 Sold for USD$38,500 2023 RM Sothebys : Hershey | |
1936 Pierce-Arrow Model 1245 Convertible Coupe and Curtiss Aerocar Trailer Chassis#: 3120036 Sold for USD$307,500 2023 Bonhams : Quail | |
1935 Pierce-Arrow Twelve Sedan Chassis#: 3120071 Sold for USD$15,400 2020 RM Sothebys : Auburn Fall Auction | |
1935 Pierce-Arrow Twelve Silver Arrow Coupe Chassis#: 405002 Sold for USD$198,000 2019 RM Sothebys : Hershey | |
1935 Pierce-Arrow Model 1245 Coupe Chassis#: 3120047 Sold for USD$151,200 2019 Bonhams : Quail Lodge Auction | |
1935 Pierce-Arrow Model 1245 Sedan Chassis#: 3120071 Sold for USD$30,800 2019 Bonhams : Greenwich Concours | |
1935 Pierce-Arrow Model 1245 Silver Arrow Sold for USD$214,500 2018 Mecum : Las Vegas | |
1935 PIERCE-ARROW 1245 SEDAN Chassis#: 238S442 Sold for USD$23,100 2016 Barrett-Jackson : Palm Beach | |
1935 Pierce-Arrow 12 Convertible Coupe Chassis#: 3120066 Sold for USD$374,000 2008 RM Auctions - Automobiles of Arizona | |
1935 Pierce-Arrow 1245 Rumble Seat Conv. Coupe Chassis#: 405155 Sold for USD$203,500 2005 Vintage Motor Cars at Meadow Brook Hall | |
1935 Pierce-Arrow 12 Convertible Coupe Sold for USD$198,000 2003 Vintage Motor Cars at Meadow Brook Hall |
Pierce-Arrow 1245 Twelves That Failed To Sell At Auction
1935 Pierce-Arrow 1245 Twelve's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
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1935 Pierce-Arrow 1245 Twelve
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