1929 Duesenberg Model J Dual-Cowl Phaeton sold for $682,000

RM Auctions St. John’s 2013 – Auction Results

1929 Duesenberg Model J Dual-Cowl Phaeton sold for $682,000

RM Auctions staged its Concours d’Elegance of America at St. Johnโ€™s sale on July 27, 2013 in Plymouth, Michigan, resulting in more than $7.7 million in total sales and a 90% sell-through rate. The single-day sale at the Inn at St. John’s lifted the gavel on a total of 77 automobiles, two boats and one motorcycle.
The top result at the 2013 RM Auctions Concours of America sale went to the 1929 Duesenberg Model J Dual-Cowl Phaeton that sold for $682,000. The Concours quality Duesenberg led a roster of American classics that crossed the auction podium, including a pair of Packards, a 1932 Packard Individual Custom Eight Convertible Victoria and a 1932 Packard Twin Six Sport Phaeton coming in second and third place, achieving $374,000 and $330,000 respectively.
Additional notable sales included a selection of motor cars from the collection of Michigan-based enthusiasts Richard and Linda Kughn, led by a 1934 Packard Super Eight Convertible Victoria which sold at $225,500; a 1934 Lincoln Model KB Convertible Sedan at $275,000 and a 1942 Lincoln Continental Cabriolet at $126,500, exceeding pre-sale expectations; and a range of classic American convertibles from a 1939 Ford DeLuxe Convertible at $140,250 to a 1961 Imperial Crown Convertible that changed hands for $148,500.
โ€œWe were very happy with the results of this yearโ€™s sale, a 90 percent sell through rate shows that quality motor cars continue to bring strong prices at auction,โ€ says Gord Duff, car specialist, RM Auctions. โ€œWeโ€™ve received a tremendous amount of positive feedback about the auction roster and venue and were once again honored to work with such a great team at the Concours dโ€™Elegance of America at St. Johnโ€™s. Together, the two events made for an exceptional weekend for enthusiasts and collectors from five countries and 30 states across the U.S.”
RM Auctions St. John’s 2013 – Top Ten Auction Results
1. 1929 Duesenberg Model J Dual-Cowl Phaeton – $682,000
2. 1932 Packard Individual Custom Eight Convertible Victoria – $374,000
3. 1932 Packard Twin Six Sport Phaeton – $330,000
3. 1933 Marmon Sixteen Five-Passenger Sedan – $330,000
5. 1934 Lincoln Model KB Convertible Sedan – $275,000
6. 1931 Cord L-29 Cabriolet – $231,000
7. 1934 Packard Super Eight Convertible Victoria – $225,500
8. 1935 Packard Twelve Coupe Roadster – $187,000
9. 1937 Cord 812 Phaeton – $173,250
10. 1931 Lincoln Model K Sport Phaeton – $165,000
(See RM Auctions at St. Johnโ€™s 2013 โ€“ Complete Auction Results)
RM Auctions continues its 2013 schedule with its flagship sale in Monterey, California, August 16โ€“17 at the Portola Hotel and Spa and Monterey Conference Center, held during the Pebble Beach Classic Car Week, closely followed by its London auction on its new dates, September 8โ€“9. Held in association with the St. Jamesโ€™s Concours of Elegance, the auction will be a two-day sale for the first time in the eventโ€™s history.
For additional information, visit rmauctions.com.
[Source: RM Auctions; photo: Eugene Robertson]