Auction at the Amelia Island Cars

Posted on Thursday, 13 March 2008 , 07:03:25 byEmil

Filed under auctionameliaameliaislandcarsconcourseleganceNone

Auction at the Amelia Island Cars

There were, obviously, same headliners at the RM Auction at the Amelia Island Concours d’Elegance this year: the big buck models, the classic ones. The softening that one say has hit hard the collector auto market hasn`t touched the immense dollar vehicles, not yet at least. At Amelia, the best of the collector auto crop exceeded or met the pre-auction cost estimates.

For example a Cord 810 Westchester 1936 sedan sold with $60,500, only within the estimated cost of $60,000 - $80,000.

A carefully restored Oldsmobile convertible, Super 88 from 1954, presented in a full restoration and sold at $74,250 – being well below the pre-auction estimate of $100,000 to $125,000. Granted, this wasn’t a Starfire convertible model from the higher 98 series’ cost, but still it was an attractive vehicle.

However, it wasn’t alone in bringing a cost below the expected one.

A Lincoln convertible 1956, painted in coral pink that might, have been conceivably a factory color, with $79,750. The pre-auction estimate was $120,000 to $140,000. A Lincoln Continental convertible 1948 sold for only $59,400, quite below the $70,000 - $90,000 pre-auction estimate. A red Thunderbird ’55 sold for $37,500, down under the pre-auction estimate of $40,000 - $60,000.