RM | AUCTIONS
RM Auctions continued its highly successful 2013 auction season, posting a strong $9,697,600, with 90 percent of all lots sold, at its annual Hershey, Pennsylvania, sale. Held during the renowned AACA Eastern Division Fall Meet, the well-established auction drew a standing-room-only crowd, with numerous spirited bidding contests erupting over the course of the two days. Illustrating RM's international clientele and the continued global popularity of the Hershey auction, bidders represented 17 countries from around the world.
Top sale honors went to the catalogue's cover car, a beautifully restored 1933 Chrysler CL Imperial Convertible Roadster, which was one of only nine built and one of just six known survivors. A multiple-award-winning example from the most sought after and renowned year of production, the rare '33 Chrysler attracted tremendous pre-sale interest, resulting in a fierce bidding war in the room, before selling for an outstanding $704,000. Continuing the Hershey sale's strong track record for Brass Era motor cars, an exceptional 1910 Pierce-Arrow 48-SS Seven Passenger Touring, offered from single-family ownership since 1950, realized $687,500.
Another highlight of the sale was the presentation of 14 select automobiles from the estate of Jim Miller. Headlined by a 1947 Ford Super DeLuxe Sportsman, the collection achieved a total $1,265,000, with numerous lots exceeding expectations. Among those surpassing pre-sale estimates were a 1934 Packard Eight Phaeton for $132,000; a 1950 Cadillac Series 62 Convertible for $126,500; and a 1955 Ford Fairlane Crown Victoria and 1970 Oldsmobile 442, which sold for $88,000 each.