Hello Friends and Family,
Link to this year's index by clicking here.
RM Auction, Part 1 |
The last two weeks I shared photos of model cars — an exhibition that was sponsored by RM Auctions. The exhibit was an attraction designed to bring in potential customers for the auction of collectible automobiles. Interestingly, there were three auto auctions going on that same week, including the Barrett-Jackson auction which is bigger and which I have shared with you before. But size did not preclude some fine examples of automotive excellence. Here is a 1931 Cadillac V-12 Town Sedan — Series 370A. 150 hp, 368 cu. in. OHV V-12 engine, three-speed Selective Synchro-mesh transmission, ¾-floating rear axle, and four-wheel mechanical drum brakes with vacuum assist. Wheelbase: 140 in.
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Expected price: $80K to $110K. Actual selling price: $90.75K. |
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Expected selling price was $200K to $250K. The actual selling price was $154K. |
Expected selling price: $85K - $115K. Actual selling price: $99K. |
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When the company, which employed thousands of artisans, mechanics, and functionaries to build only a few cars, encountered the inevitable financial difficulties, it was bailed out by the state. Instead of being directed to downsize and build saleable automobiles to generate cash flow and keep those thousands employed, Italy directed Alfa to build great racing machines to demonstrate Italy’s technology and competitiveness on Europe’s race courses. Production shrank, but the few cars that were built were the best in the world. Expected selling price: $500K to $700K. Actual selling price: $440K. BTW, I have a birthday coming up in April in case you're stumped for a gift. Don't you think I'd look good tooling around town in this baby? |
The 810 was E.L. Cord’s second attempt at a front-wheel drive automobile. Its engine was a V-8, by Lycoming, but a four-speed electrically-shifted pre-selector transmission was used. The body, designed by Gordon Buehrig, was a thing of beauty. Its blunt, louvered hood gave rise to the nickname “coffin nose,” always a term of endearment, and such features as a “step-down” floor, unitary construction, hidden door hinges, and a total lack of running boards were all previously unheard-of.
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Estimated selling price: $175K - $225K. Actual selling price: $121K. |
We end this week with a 1938 Rolls-Royce Phantom III Sedanca de Ville — 165 hp, 7,340 cc OHV V-12 engine with dual ignition, separate four-speed manual gearbox, independent front suspension by coil springs, live rear axle with semi-elliptic leaf springs, and four-wheel servo-operated drum brakes. Wheelbase: 140 in. In 1935, Rolls-Royce replaced the Phantom II with its first 12-cylinder model, the Phantom III. More compact than the straight-six Phantom II engine, the firewall could be moved forward about eight inches, allowing coach builders to create more spacious passenger compartments. The Phantom III chassis was massively overbuilt, providing a strong platform for large bodies. The forward position of the engine allowed for many innovative body designs, though most PIIIs were formal town cars and limousines, not stylish Sedancas, such as this example. The PIII was well-received by well-heeled buyers, and the British magazine The Autocar published an extensive road test of it in its October 2, 1936 issue, sub-titled, “Road Travel In Its Most Advanced and Refined Form Provided by the New Twelve-Cylinder Model.” Expected selling price was $170K - $220K. Actual selling price was $112.75K.
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To be continued.
Life is good.
Aloha,
B. David
P. S., All photos and text © B. David Cathell Photography, Inc. — www.bdavidcathell.com