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1931 Cord L-29 background image

1931 Cord L-29 Cabriolet

1931 Cord L-29 Navigation
There is no disputing the fact that the Cord front-wheel-drive automobiles of the 1920s are a true engineering and styling marvel. The powerful straight-eight engine provides 125 horsepower, allowing performance that rivals its impressive styling.

The L-29 is credited as being the first American front-wheel drive car to be offered to the public, beating the Ruxton automobile to the market by several months in 1929. The brainchild of former Miller engineer Carl Van Ranst, the design of the drive system was borrowed from Indianapolis 500 dominating racers, using the same de Dion layout and inboard brakes. This allowed it to be considerably lower than other cars. The L-29 features full instrumentation, including a temperature gauge, oil pressure gauge, and speedometer on the left, with a gas gauge, oil level gauge, and Ammeter on the right of the steering wheel. A number of ahead-of-its-time features are also found on this Cord. Among them are the inboard mounted brakes and central internal chassis lubrication, uncommon among luxury automobiles of the era.

This L-29 Cabriolet was found in a garage in Key West, Florida in the mid-1970s. The current owner's brother had started a full restoration but was unable to complete it. The current owner then took on the task, commissioning the final restoration which was completed in 2010. Finished in Brilliant Blue with gleaming chrome wheels, this is an outstanding example of one of the classic era's sleekest and most desirable Cabriolets.
This front-wheel-drive Cord L-29 was built in February of 1931 and equipped with the more powerful 'FF' engine, a larger 322 cubic-inch unit introduced late in L-29 production. The current caretaker acquired the car from the estate of his brother, who had purchased it in Key West, Florida, in the mid-1980s. The car was a sold and rust-free example in need of a restoration.

The car was soon sold to Ken Clark of Ken's Classics in Pittsfield, Maine. The car was given a restoration and then received its ACD Club Certification as a Category 1 Original Car. It has been shown extensively with the Club, eventually achieving Senior Emeritus honors and the Alan Leamy Award for Best L-29 at the National Reunion in 2014. It's also a Senior car in the AACA and CCCA. The car is a Lion Award winner at the Concours d'Elegance of America at St. John's. Other show appearances include the Pinehurst Concours d'Elegance and the CCCA Museum Experience.

By Daniel Vaughan | Jul 2019

2019 RM Sothebys : Amelia Island

Pre-Auction Estimates :
USD $300,000-USD $350,000 
Lot was not sold

2018 Worldwide Auctioneers : Scottsdale

Pre-Auction Estimates :
USD $325,000-USD $375,000 
Lot was not sold

1931 Cord L-29 Auction Sales

Recent Sales of the Cord L-29

(Data based on Model Year 1931 sales)
1931 Cord L-29 Brougham
Chassis#: 2929340
Sold for USD$71,500
  2024 RM Sothebys : Hershey
 
1931 Cord L-29 Cabriolet
Chassis#: 2929758
Sold for USD$280,000
  2023 RM Sothebys : Monterey
1931 Cord L-29 image  1931 Cord L-29 image  
1931 Cord L-29 Cabriolet
Chassis#: 2927175
Sold for USD$229,600
  2023 Broad Arrow : Monterey Jet Center
1931 Cord L-29 image  1931 Cord L-29 image  
1931 Cord L-29 Convertible Sedan
Chassis#: FD3954
Sold for USD$131,600
  2022 Worldwide Auctioneers : Scottsdale Arizona
 
1931 CORD L29 CABRIOLET
Chassis#: 2929884
Sold for USD$275,000
  2022 Barrett-Jackson : Scottsdale, Arizona
 
1931 Cord L-29 Brougham
Chassis#: 2928803
Sold for USD$89,100
  2020 RM Sothebys : The Mitosinka Collection
 
1931 Cord L-29 Cabriolet
Chassis#: 2928916
Sold for USD$242,000
  2019 Worldwide Auctioneers : Scottsdale, Arizona
 
1931 Cord L-29 Brougham
Chassis#: 29929177
Sold for USD$44,000
  2018 RM Auctions : Auburn Fall
 
1931 Cord L-29 Cabriolet
Chassis#: 2231
Sold for USD$224,000
  2018 RM Sothebys : Monterey
1931 Cord L-29 image  1931 Cord L-29 image  
1931 Cord L-29 Cabriolet
Chassis#: 2928916
Sold for USD$210,000
  2018 RM Sothebys : Auburn Spring
 
1931 Cord L-29 Cabriolet
Chassis#: 3916
Sold for USD$187,000
  2017 RM Auctions : Amelia Island
1931 Cord L-29 image  
1932 Cord L-29 Cabriolet
Chassis#: 4987
Sold for USD$236,500
  2017 RM Sotheby's : Arizona Auction
 
1931 Cord L-29 Cabriolet
Chassis#: 2929506
Sold for USD$180,000
  2015 WorldWide Auctions - Houston Classic Auction
 
1931 Cord L-29 Convertible Phaeton Sedan
Chassis#: 2930071
Sold for USD$156,750
  2015 RM Sotheby's : Amelia Island
1931 Cord L-29 image  1931 Cord L-29 image  
1931 Cord L-29 Convertible Sedan
Sold for USD$258,500
  2014 Worldwide Auctions - Auburn
 
1931 Cord L-29 Convertible Sedan
Chassis#: 2928812
Sold for USD$258,500
  2014 The 7th Annual Auburn Auction
 
1931 Cord L-29 Cabriolet
Chassis#: 2929244
Sold for USD$246,488
  2013 RM Auction - London
 
1931 Cord L-29 Cabriolet
Chassis#: 2929040
Sold for USD$231,000
  2013 RM Auctions - St John's
1931 Cord L-29 image  1931 Cord L-29 image  
1931 Cord L-29 Cabriolet
Chassis#: 2929758
Sold for USD$407,000
  2013 RM Auctions - Amelia Island
1931 Cord L-29 image  1931 Cord L-29 image  
1931 Cord L-29
Chassis#: 2929245
Sold for USD$280,000
  2013 Bonhams - The Scottsdale Auction
1931 Cord L-29 image  

Cord L-29s That Failed To Sell At Auction

1931 Cord L-29's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1931 Cord L-29 Cabriolet41172019 RM Sothebys : Amelia Island $300,000$350,000
1931 Cord L-29 CabrioletFDA42012018 Worldwide Auctioneers : Scottsdale $325,000$375,000

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1931 Cord L-29

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