RM | AUCTIONS
Record crowds flocked to Indiana's historic Auburn Auction Park last week for Auctions America's Auburn Fall Collector Car Weekend, 2–6 September. A Labor Day weekend tradition spanning 45 years, Auburn Fall 2015 drew more than 85,000 enthusiasts, resulting in an electric energy onsite that lasted the entire duration of the event. Spectators were witness to the presentation of more than 870 collector cars and select memorabilia for auction – generating approximately $20 million in total sales – as well as a number of other automotive-themed activities, making for a memorable weekend in the Classic Car Capital of America.
For collectors, the auction once again proved the main attraction, offering incredible variety in its line-up of 870 collector cars, and resulting in total sales, including memorabilia, of $19,684,914, with 73 percent of all lots sold. Once again demonstrating that American classics are well-matched to the Auburn venue, a stunning 1929 Duesenberg Model J Convertible Coupe by Murphy topped the sale at a strong $1,402,500. It was joined on the top-sellers list by a British Racing Green 1959 Costin Jaguar Sports Racer for $363,000, and a 1972 Ferrari 365 GTC/4 which sold post-sale for $315,000.
Reinforcing Auctions America's reputation as an auction house of choice for private and estate collections, the weekend also lifted the gavel on a number of single-vendor collections, including the Steve Ramsey Collection, an eclectic group of some 40 automobiles and select memorabilia. The group was headlined by a 2005 Ford GT for $266,750.
As part of Auctions America's commitment to support the local community in which it operates, the company donated 100 percent of proceeds from the sale of a 1994 Chevrolet Impala SS, offered during the event's Sunday session, to the Auburn Cord Duesenberg Automobile Museum. The museum was one of a number of local organizations that benefitted financially from the event, with the Auctions America team privately acknowledging the efforts of other community groups for the support provided by their volunteers.