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With financial resources in limited supply due to the Great Depression, one short-term solution for Pierce-Arrow was a 'business alliance' with cash-rich Studebaker, whose president, Albert Erskine, had long desired to offer a true luxury model. This alliance gave Pierce-Arrow additional resources for new models and new product development. The deal that the two firms worked out was officially called a 'merger', it was actually more of an acquisition of Pierce-Arrow by Studebaker.
The result of this merger was the development of the Pierce-Arrow Company's first eight-cylinder engine, a replacement for its long-lived six. The new engine was introduced in 1929. It weighed around 100 pounds less than the big T-head six that it replaced, and it offered 25 percent more power from a 12 percent smaller displacement. It was less expensive, with prices beginning at $2,775. This allowed the Pierce-Arrow company to offer no fewer than 12 body styles.
For 1929, the company's sales reached 8,000 units, which was an accomplishment never to be repeated.
This Pierce-Arrow Model 133 is a Tonneau Cowl Phaeton that was given a restoration prior to being purchased by Richard and Linda Kughn. It is finished in cream and black - colors which match an identical car featured in 1929 Pierce-Arrow advertising. The car is well equipped with many accessories, including the traditional Pierce archer mascot, painted wire wheels, wind wings, dual horns, dual driving lights, wide whitewall tires, dual side-mounted spares, and a canvas-covered trunk.
This car was displayed in Classic Car Club of America competition at the Michigan Grand Classic in 2008, where it was judged at 99 points in the Primary division. In August 2009, it again made an appearance, this time at the Pierce-Arrow Gathering at Gilmore, where it was awarded Director's Choice.By Daniel Vaughan | Apr 2014
The result of this merger was the development of the Pierce-Arrow Company's first eight-cylinder engine, a replacement for its long-lived six. The new engine was introduced in 1929. It weighed around 100 pounds less than the big T-head six that it replaced, and it offered 25 percent more power from a 12 percent smaller displacement. It was less expensive, with prices beginning at $2,775. This allowed the Pierce-Arrow company to offer no fewer than 12 body styles.
For 1929, the company's sales reached 8,000 units, which was an accomplishment never to be repeated.
This Pierce-Arrow Model 133 is a Tonneau Cowl Phaeton that was given a restoration prior to being purchased by Richard and Linda Kughn. It is finished in cream and black - colors which match an identical car featured in 1929 Pierce-Arrow advertising. The car is well equipped with many accessories, including the traditional Pierce archer mascot, painted wire wheels, wind wings, dual horns, dual driving lights, wide whitewall tires, dual side-mounted spares, and a canvas-covered trunk.
This car was displayed in Classic Car Club of America competition at the Michigan Grand Classic in 2008, where it was judged at 99 points in the Primary division. In August 2009, it again made an appearance, this time at the Pierce-Arrow Gathering at Gilmore, where it was awarded Director's Choice.By Daniel Vaughan | Apr 2014
2024 RM Sothebys : ModaMiami
Pre-Auction Estimates :
USD $100,000-USD $140,000
Sale Price :
USD $92,400
2014 RM Auctions - Amelia Island
Pre-Auction Estimates :
USD $80,000-USD $120,000
Sale Price :
USD $132,000
1929 Pierce-Arrow Model 125 Auction Sales
Recent Sales of the Pierce-Arrow Model 125
(Data based on Model Year 1929 sales)
1929 Pierce-Arrow Model 133 Touring with Tonneau Shield Sold for USD$92,400 2024 RM Sothebys : ModaMiami | |
1929 PIERCE-ARROW MODEL 133 LANDAU CLUB SEDAN Chassis#: 2003489 Sold for USD$132,000 2023 Barrett-Jackson : Scottsdale, Az. | |
1929 Pierce-Arrow Model 125 Roadster Chassis#: 2003923 Sold for USD$67,100 2020 RM Sothebys : The Mitosinka Collection | |
1929 Pierce-Arrow Model 125 Roadster Chassis#: 2004504 Sold for USD$82,500 2019 RM Sothebys : Hershey | |
1929 Pierce-Arrow Model 125 Roadster Chassis#: 2004504 Sold for USD$89,600 2019 RM Sothebys : Scottsdale Arizona | |
1929 Pierce-Arrow Model 125 Coupe Sold for USD$63,250 2018 RM Sothebys : Fort Lauderdale | |
1929 Pierce-Arrow Model 125 Roadster Sold for USD$64,900 2014 Auctions America - Auburn Fall | |
1929 Pierce-Arrow Model 133 Tonneau Cowl Phaeton Chassis#: A6726 Sold for USD$132,000 2014 RM Auctions - Amelia Island | |
1929 Pierce-Arrow Model 125 Coupe Chassis#: 2005556 Sold for USD$74,250 2013 RM Auction - Hershey | |
1929 Pierce-Arrow Custom Brougham Chassis#: A3476 Sold for USD$176,000 2012 RM Auctions - The John Staluppi Collection | |
1929 Pierce-Arrow Model 125 Roadster Chassis#: 2000243 Sold for USD$75,900 2012 RM Auctions - The Charlie Thomas Collection | |
1929 Pierce-Arrow Sold for USD$22,000 2012 Auctions America - Auburn Fall | |
1929 PIERCE-ARROW LANDAU COUPE Sold for USD$40,700 2011 Auctions America - Spring Auburn | |
1929 Pierce-Arrow Series 133 Roadster Sold for USD$83,600 2011 Worldwide Auctioneers - The Houston Classic Weekend | |
1929 PIERCE-ARROW 2D Sold for USD$48,400 2011 Auctions America - Fort Lauderdale | |
1929 Pierce-Arrow 133 Club Brougham Sold for USD$46,750 2010 Auctions America : Auburn Collector Car Auction | |
1929 PIERCE-ARROW CLUB BROUGHAM Sold for USD$33,000 2001 Barrett-Jackson - Scottsdale 2001 |
Pierce-Arrow Model 125s That Failed To Sell At Auction
1929 Pierce-Arrow Model 125's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1929 Pierce-Arrow Model 125 Coupe | 2005556 | 2020 Bonhams : Amelia Island Concours | $75,000 | $85,000 | |
1929 Pierce-Arrow Model 125 Dual Cowl Phaeton | 2005467 | 2012 Bonhams Preserving the Automobile: An Auction at the Simeone Foundation | $80,000 | $100,000 | |
1929 Pierce-Arrow | 2010 Mecum Kissimee Auction | $60,000 | |||
1929 Pierce Arrow Model 125 | 2003956 | 2009 Vintage Motor Cars of Meadow Brook | $100,000 | $140,000 | $180,000 |
1929 Pierce Arrow Model 125 | 2007674 | 2009 Vintage Motor Cars of Meadow Brook | $37,500 | $50,000 | $60,000 |
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1929 Pierce-Arrow Model 125
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