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The history of the Packard marque dates back to 1903 when it was founded in Warren, Ohio by James Ward Packard. It would soon become one of America's premier luxury cars, a title it would retain for decades. Their automobiles were constructed from the best materials by skilled workmen. They had high endurance and performance, reliability and longevity, pleasing styling, and simple operation.
To help weather the effects of the Great Depression, Packard introduced the 120 which was half as expensive as the 900 Series. The name '120' was derived from its 120-inch wheelbase. Mounted under the bonnet was an eight-cylinder engine that displaced 282 cubic inches and mated to a three-speed manual gearbox. In keeping with the pedigree of the marque, the 120 was given the Packard radiator outline, red hexagon hubcap centers, and Packard badges.
In 1936 it was honored by being the official pace car of the Indianapolis 500. The car was driven by the race car driver, Tommy Milton.
This 1936 Packard 120 Custom Convertible Victoria with coachwork by LeBaron is one of only two examples that were built on special order by a Chicago-area tobacco tycoon. He kept the convertible and gave the coupe to his wife.
The early years of this car's history are unknown. In the early 1990s, this convertible victoria was found in a barn in the Midwest and purchased by an auction house. It was later purchased by actor Edward Hermann, who commissioned a complete restoration. The History Channel did an hour-long special on the detailed restoration and history of this Packard 120.
Since the restoration, the car has been driven less than 1,000 miles. In 2007 it was offered for sale at the Gooding & Company auction where it was estimated to sell for $125,000 - $150,000. Bidding failed to reach those estimates, but the reserve was lifted and the lot sold for $110,000 including the buyer's premium.By Daniel Vaughan | Aug 2011
To help weather the effects of the Great Depression, Packard introduced the 120 which was half as expensive as the 900 Series. The name '120' was derived from its 120-inch wheelbase. Mounted under the bonnet was an eight-cylinder engine that displaced 282 cubic inches and mated to a three-speed manual gearbox. In keeping with the pedigree of the marque, the 120 was given the Packard radiator outline, red hexagon hubcap centers, and Packard badges.
In 1936 it was honored by being the official pace car of the Indianapolis 500. The car was driven by the race car driver, Tommy Milton.
This 1936 Packard 120 Custom Convertible Victoria with coachwork by LeBaron is one of only two examples that were built on special order by a Chicago-area tobacco tycoon. He kept the convertible and gave the coupe to his wife.
The early years of this car's history are unknown. In the early 1990s, this convertible victoria was found in a barn in the Midwest and purchased by an auction house. It was later purchased by actor Edward Hermann, who commissioned a complete restoration. The History Channel did an hour-long special on the detailed restoration and history of this Packard 120.
Since the restoration, the car has been driven less than 1,000 miles. In 2007 it was offered for sale at the Gooding & Company auction where it was estimated to sell for $125,000 - $150,000. Bidding failed to reach those estimates, but the reserve was lifted and the lot sold for $110,000 including the buyer's premium.By Daniel Vaughan | Aug 2011
2015 RM Sotheby's : Monterey
Pre-Auction Estimates :
USD $150,000-USD $200,000
Sale Price :
USD $165,000
2007 Gooding & Company
Pre-Auction Estimates :
USD $125,000-USD $150,000
Sale Price :
USD $110,000
1936 Packard One Twenty Auction Sales
Recent Sales of the Packard One Twenty
(Data based on Model Year 1936 sales)
1936 Packard 120 Convertible Sedan Chassis#: 9971807 Sold for USD$82,500 2024 Mecum : Indy | |
1936 Packard One Twenty Convertible Coupe Chassis#: 999-1828 Sold for USD$90,200 2023 RM Sothebys : Hershey | |
1936 Packard 120 Convertible Coupe Sold for USD$68,400 2023 Worldwide Auctioneers : The Auburn Auction | |
1936 Packard One Twenty Sedan Chassis#: 992-23538 Sold for USD$17,600 2022 RM Sothebys : The Hershey Auction | |
1936 Packard One Twenty Business Coupe Chassis#: 998-3266 Sold for USD$38,500 2022 RM Sothebys : The Hershey Auction | |
1936 Packard 120 Coupe Sold for USD$47,300 2022 Mecum : Glendale | |
1936 Packard 120 Touring Sedan Sold for USD$44,000 2021 Mecum : Kissimmee | |
1936 Packard 120-B Convertible Coupe Chassis#: 9991310 Sold for USD$57,750 2019 RM Sothebys : Hershey | |
1936 Packard One-Twenty Convertible Coupe Sold for USD$37,400 2019 RM Auctions : Auburn Fall | |
1936 Packard One-Twenty Convertible Coupe Chassis#: 9991025 Sold for USD$37,400 2019 Auburn Spring : RM Auctions | |
1936 Packard One Twenty Convertible Sedan Chassis#: 997 1378 Sold for USD$73,700 2017 RM Sothebys : Hershey | |
1936 Packard 120 Touring Sedan Sold for USD$54,000 2016 Mecum - Indianapolis | |
1936 Packard One Twenty Convertible Victoria by LeBaron Sold for USD$165,000 2015 RM Sotheby's : Monterey | |
1936 Packard 120B Sold for USD$29,500 2014 Leake Auction : Dallas | |
1936 PACKARD 120 Chassis#: 9982257 Sold for USD$18,000 2014 Mecum - Monterey | |
1936 Packard 120 Sold for USD$21,500 2014 Mecum : Seattle | |
1936 Packard Eight Model Convertible Victoria Chassis#: 9078605 Sold for USD$75,000 2014 Greenwich Concours D'Elegance Auction | |
1936 PACKARD 120 CONVERTIBLE SEDAN Chassis#: X60140 Sold for USD$104,500 2014 Barrett-Jackson's 43RD Annual Scottsdale Auction | |
1936 Packard One-Twenty Convertible Coupe Chassis#: 919 249 Sold for USD$170,500 2014 Gooding & Company - The Scottsdale Auction | |
1936 Packard One-Twenty Four Door Sedan Sold for USD$29,500 2013 Leake Auction - Dallas, Texas |
Packard One Twentys That Failed To Sell At Auction
1936 Packard One Twenty's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1936 Packard 120 Business Coupe | 10881010 | 2021 Worldwide Auctioneers : The Enthusiast Auction | |||
1936 Packard 120 Convertible Sedan | 2018 Collector Car Toronto Spring | $63,000 | |||
1936 Packard One Twenty Convertible Sedan | X82412 | 2017 RM Sothebys : Hershey | $60,000 | $70,000 | |
1936 Packard One Twenty Convertible Sedan | 2016 Auctions America : Hilton Head | $80,000 | $100,000 | ||
1936 Packard 120 Touring Sedan | 2016 GAA : July 2016 | $45,000 | |||
1936 Packard 120 | 2013 Mecum Auction Chicago | $25,000 | |||
1936 Packard 120 | 2013 Mecum : Schaumburg | $25,000 | |||
1936 Packard 120 Convertible Coupe | 2013 Auctions America Auburn Fall | $49,000 | |||
1936 Packard 120 Convertible Coupe | 2012 Auctions America Auburn Fall | $45,000 | |||
1936 Packard 120B Business Coupe | 99881796 | 2011 MidAmerica Auctions St Paul | $22,300 | ||
1936 PACKARD 120 COUPE | 2006 Silver Auction Spokane | $22,000 | |||
1936 Packard 120 Convertible Victoria | X55750 | 2004 Gooding & Company Pebble Beach Auction | $100,000 | $125,000 | |
1936 Packard 120B Convertible Coupe | 2003 Michigan Spring Classic Car Auction | $35,000 | |||
1936 PACKARD 120 ROADSTER | 2003 Kruse Auction Scottsdale, AZ | $70,000 |
Vehicles With Comparable Market Values
Similar sales to the $64,929 range.
1961 Chevrolet Corvette Convertible Chassis#:10867s106416 Sold for $64,900 2024 Mecum : Indy | |
1969 Chevrolet Camaro Chassis#:124379n548983 Sold for $64,900 2024 Mecum : Indy | |
1969 Chevrolet C10 Pickup Chassis#:ce149s862553 Sold for $64,900 2024 Mecum : Indy | |
1989 Pontiac Turbo Trans Am 20th Anniversary Pace Car Edition Chassis#:1G5FW2170KL235958 Sold for $64,900 2024 Mecum : Indy | |
1969 Chevrolet Camaro RS/SS Pace Car Edition Convertible Chassis#:124679N634940 Sold for $64,900 2024 Mecum : Indy | |
1970 Ford Torino Cobra Chassis#:0r38c118181 Sold for $64,900 2024 Mecum : Indy | |
1957 Ford Thunderbird E-Code Convertible Chassis#:e7fh268851 Sold for $64,900 2024 Mecum : Indy | |
1999 BMW Z3 M Coupé Chassis#:WBSCM91070LB55143 Sold for $64,417 2024 RM Sothebys : Monaco | |
1999 Bentley Turbo RT LWB Sedan Chassis#:SCBZP22E1XCX66516 Sold for $64,960 2024 Worldwide Auctioneers : Enthusiast Auction | |
1971 CHEVROLET K5 BLAZER CUSTOM SUV Chassis#:KE181S627289 Sold for $64,900 2024 Barrett-Jackson : Palm Beach | |
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1936 Packard One Twenty
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