Success at Inaugural Sale in Auburn, Indiana by Auctions America

By Auto News Log • September 9th, 2010

Auctions America by RM rose to the occasion and pulled off a very successful first auction over the Labor Day weekend. Many people expressed their excitement and enthusiasm for all the upgrades made to the park, and the warm reception from all the fellow car enthusiasts in Indiana gave the event a truly fun atmosphere. In addition to the daily preview of quality automobiles and auction action, the event presented a swap meet, car corral and food vendors, and over the course of the Labor Day weekend, over 25,000 people attended the debut event!

The top seller was a 1934 Duesenberg Model JN Convertible Sedan that went for $962,500 on Saturday before a packed auction house. Almost 60% of the registered bidders were new clients to RM, and total sales reached $13.4 million, with a 52.7 percent sell through rate of all lots including motor cars, motorcycles and memorabilia.

Here are the Top 10 units sold:

1934 Duesenberg Model JN Convertible Sedan
$962,500

1929 Duesenberg Model J 7-Passenger Sedan
$357,500

1934 Packard Twelve by LeBaron Runabout Speedster
$275,000

1938 Lincoln Model K Convertible Victoria by Brunn Convertible
$200,750

1933 Rolls-Royce Phatom II Skiff bodied Roadster
$200,000

1934 Ford Roadster (Marmon V16 Powered)
$192,500

1932 Packard Deluxe 8 903 Sport Phaeton
$184,250

1958 Desoto Firesweep Convertible
$157,300

1953 Oldsmobile Fiesta Convertible
$148,500

1929 Rolls-Royce Phantom II Weymann Saloon
$143,000

Source: RM Auctions

 

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