A father-son team from Texas sold their collection of sports cars and American Classics for a record $US53.88 million ($A68.94 million) yesterday.
That’s a record price for a private automobile collection. All 78 lots, including memorabilia as well as vehicles, were sold by RM Sotheby’s as Paul and Chris Andrews downsized the amazing collection they’d built together over the past 15 years.
The highest price paid was $US7,645,000 for the rare covered headlight 1962 Ferrari 400 Superamerica SWB Cabriolet – the last of only seven examples bodied by Pininfarina. Sixteen vehicles drew bids of more than $US1 million.
It was a landmark day for American Classics, too, which established themselves as genuinely desirable collectibles.
A 1934 Packard Twelve Individual Custom Stationary Coupe by Dietrich soared past its high estimate to go for $US4,180,000 – a new world record for a Packard sold at auction. A pair of 9130s Duesenbergs fetched more than $US7 million between them.
“At a time when Ferraris and post-war European sports and GT cars have dominated the classic car market, it is fabulous to see blue-chip American Classics enjoy the spotlight,” Ian Kelleher, managing director of RM Sotheby’s West Coast Division, said. “The results speak for themselves and reflect the incredible quality of the Andrews Collection as a whole.”
And while the Ferrari was undoubtedly the star of the show, a replica Tron light cycle drew plenty of attention, and it sold for $US77,000 – almost triple its lowest estimate.
Here’s the top five lots (all prices in USD):
1 – 1962 Ferrari 400 Superamerica SWB Cabriolet by Pininfarina
Sold for: $7,645,000
2 – 1934 Packard Twelve Individual Custom Stationary Coupe by Dietrich
Sold for: $4,180,000
3 – 1935 Duesenberg Model SJ Town Car by Bohman & Schwartz
Estimate: $3,400,000 – $4,500,000
Sold for: $3,630,000
4 – 1931 Duesenberg Model J ‘Disappearing Top’ Convertible Coupe by Murphy
Sold for: $3,520,000
5 – 1963 Ferrari 400 Superamerica LWB Coupe Aerodinamico by Pininfarina
Estimate: $3,500,000 – $4,500,000
Sold for: $2,860,000
And here’s the Tron light cycle:
2011 Custom Electric Motorcycle
Estimate: $25,000 – $40,000
Sold for: $77,000