1936 Packard Model 1407 Twelve / 904299 Chassis Information

Dual Cowl Phaeton
Coachwork: Dietrich
Chassis Num: 904299
Engine Num: 921204
Sold for $231,000 at 2008 RM Sothebys.
The cylinder wars during the late 1920s and early 1930s had most luxury marque's scrambling to create a suitable power-plant that could compete with other engines on the market while still retaining their exclusivity and style. Cadillac and Marmon produced a sixteen-cylinder unit and Peerless was following closely with their development of a sixteen-cylinder unit. The Duesenberg and their Model J was powered by a twin-overhead camshaft was very potent even at just eight-cylinders. In 1932, Packard introduced their V12 along with the Twin Six nameplate. The L-head engine produced 160 horsepower which was rather modest in comparison to the competition. The torque that it produced was more than enough to carry the elegant bodies at speeds of up to 85 mph. A sedan version was clocked at over 100 mph.

The vehicle had an X-braced ladder-type frame with hydraulic shock absorbers on all four corners. The suspension was comprised of a solid axles and leaf springs. Four-wheel drum brakes were operated via a servo-assisted cable system.

The name 'Twin Six' lasted for only a short time before it was replaced by the name 'Twelve.' By 1935, the company had brought the horsepower output up to 175 with the help of a downdraft Stromberg carburetor with an automatic choke.

This 1936 Packard Model 1407 Dual Cowl Phaeton has chassis number 904299 and is powered by a 474 cubic-inch V12 that produces 175 horsepower. It has a three-speed manual gearbox and a worm-and-roller steering. It has a long, 142-inch wheelbase and a factory body to Dietrich design.

This vehicle was offered for sale at the 2006 Gooding & Company Auction held in Pebble Beach, Ca. The estimated value was set between $450,000-$550,000. The body was built by the factory and followed designs created by Dietrich. It is finished in Packard Blue lacquer with cream pin-striping. The foldable cloth top is a tan Haartz unit. The interior is finished in brown leather. There are twin windshields and a racked-back V-radiator.

The present owner has owned the vehicle for more than twenty years. It is in excellent condition and has been maintained to the highest of standards. At auction, this was one of the last lots of the day to be offered for sale. There was a reserve placed on the vehicle which meant that a certain price had to be satisfied in order to be sold.

Having not been offered for sale for twenty years, it was thought that this vehicle might sell rather quickly. However, as the bidding came to a close on this vehicle, it left the stage unsold.

In 2008, this car was brought to the 2nd Annual Vintage Motor Cars of Hershey presented by RM Auctions. Bidding reached $231,000 which was enough to satisfy the vehicles reserve. The lot was sold.
By Daniel Vaughan | Oct 2008

Chassis# 904299

2008 Vintage Motor Cars of Hershey by RM Auctions
Sale Price$231,000
2006 Gooding & Company Pebble Beach Auction
Estimated Value:$450,000-$550,000 
Lot was not sold

Analysis

Chassis number 904299 Auction Sales History
2008$231,000
2006Pre-Sale Estimates: $450,000 - $550,000

2016 1
2015 1
2013 1
2012 2
2011 1
2010 1
2009 4
2008 2
2007 1
2006 1

YearAvg. SaleHigh Sale# of Sales
2016$165,000$165,0001
2015$385,000$385,0001
2013$341,000$341,0001
2012$242,550$451,0002
2011$121,000$121,0001
2010$594,000$594,0001
2009$198,000$264,0004
2008$308,000$385,0002
2007$46,200$46,2001
2006$148,500$148,5001

Recent Sales

(Data based on Model Year 1936 sales)
1936 Packard Twelve Coupe Roadster
Chassis#: 939-201
Sold for $165,000
  2016 RM Sothebys : Arizona
    
1936 Packard Twelve Coupe Roadster
Sold for $385,000
  2015 RM Sotheby's Hershey Auction
 
1936 Packard Twelve Coupe Roadster
Chassis#: 904479
Sold for $341,000
  2013 RM Auctions - Amelia Island
    
1936 Packard Twelve Club Sedan
Chassis#: 903338
Sold for $34,100
  2012 RM Auctions - St. Johns, Michigan
    
1936 Packard Twelve 1407 Coupe Roadster
Chassis#: 939-215
Sold for $451,000
  2012 Gooding and Company - The Scottsdale Auction
    
1936 PACKARD 1407 VICTORIA CONVERTIBLE BY DIETRICH
Sold for $121,000
  2011 Auctions America - Fort Lauderdale
 
1936 Packard Twelve Dual Cowl Model 1407 Phaeton
Sold for $594,000
  2010 Gooding and Company - Pebble Beach Auctions
 
1936 Packard Model 1407 Twelve
Chassis#: 904521
Sold for $55,000
  2009 Vintage Motor Cars of Hershey by RM Auctions
    
1936 Packard Model 1407 Twelve
Chassis#: 904719
Sold for $253,000
  2009 Vintage Motor Cars of Meadow Brook
    
1936 Packard Model 1407 Twelve
Chassis#: 93923220867S112539
Sold for $264,000
  2009 Sports & Classics of Monterey
    
1936 Packard Twelve Coupe Roadster
Sold for $220,000
  2009 Collector Cars of Fort Lauderdale
 
1936 Packard Model 1407 Twelve
Sold for $231,000
  2008 Vintage Motor Cars of Hershey by RM Auctions
    
1936 Packard Model 1407 Twelve
Sold for $385,000
  2008 Vintage Motor Cars of Meadow Brook
    
1936 Packard Model 1407 Twelve
Sold for $46,200
  2007 Monterey Sports and Classic Car Auction
    
1936 Packard Model 1407 Twelve
Chassis#: 1939209
Sold for $148,500
  2006 RM Auctions at Amelia Island
    
1937 Packard Twelve Rumble Seat Coupe
Chassis#: 1038214
Sold for $83,600
  2005 Vintage Motor Cars at Meadow Brook Hall
 
1936 Packard Twelve Sport Phaeton
Chassis#: 904276
Sold for $178,200
  2005 Vintage Motor Cars at Amelia Island
 
1936 Packard Twelve Sport Phaeton
Chassis#: 904276
Sold for $214,500
  2004 Vintage Motor Cars and Boats at the Houston Classic
 

No Sale

1936 Packard Model 1407 Twelve's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1936 Packard 1407 Victoria Convertible Dietrich 2010 Auctions America : Auburn Collector Car Auction$110,000  
1936 Packard Twelve Model 1407 Opera Coupe937 2092010 Bonhams Greenwich Concours d'EleganceCollectors' Motorcars $95,000$120,000
1936 Packard Model 1407 V-12 Club Sedan 2009 Leake Auctions Dallas 37th Annual Leake Auto Auction Market Hall$60,000  
1936 Packard Twelve Model 1407 Convertible Coupe 2009 Leake Auctions Tulsa 37th Annual Leake Auto Auction QuikTrip Center$235,000  
1936 Packard Model 1407 Twelve 2006 Gooding & Company Pebble Beach Auction $450,000$550,000

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