Sothebys Hershey auction POV

Sotheby’s Hershey 2021 Auction – POV as a bidder

Curious what it’s like sitting in the front at a Sotheby’s auction? This video will provide a point of view, from that perspective, during the 2021 Sotheby’s Hershey auction. Amazing cars hammered, from $30,000 to $230,000+, with great action and bidding. Enjoy.

M Sotheby’s conducted its 15th annual Hershey auction at the Hershey Lodge during the Antique Automobile Club of America’s (AACA) Eastern Division Fall Meet. Total sales across the two-day auction grossed $12,984,210 with 98% of all lots sold. The auction drew outstanding attendance as the cars crossed the block in front of a packed auction room with bidders from across the U.S.

The sale offered an exceptional line up spanning over 80 years of automotive history which included The Collection of Robert Thayer featuring three stunning American classics. Being a client of ours for almost three decades, Mr. Thayer entrusted us to sell his prized possessions in Hershey since we had carefully sourced each example for him. The top selling car was the 1931 Duesenberg Model J Roadster “Green Hornet”. This CCCA Full Classic is one of very few true roadsters on the Model J chassis and would be welcomed to any number of important concours and club events. This example struts a wonderful, storied history with Duesenberg enthusiasts and sold for a price of $1,650,000. Following the Duesenberg was the 1935 Auburn Eight Supercharged Speedster. Presented in well-maintained concours restoration, this exceptional Auburn will be warmly welcomed to any number of events and sold for $891,000. Rounding out the top three sales was the 1930 Packard 745 Deluxe Eight Roadster. One of the finest extant 745 Deluxe Eight Roadsters and one of just a handful genuine examples believed to still be in existence, this Roadster brought $407,000.

Another significant Collection to go under the hammer on Friday was the Collection of Les Holden. The collection offered five American classics with four selling over their high estimate. The most notable from the Collection was the 1909 Peerless Model 19 Touring. Featured in numerous magazines and driven in many tours over six decades, this Peerless is one of just two surviving T-head, 40 hp 1909 Model 19’s and smashed its presale estimate of $150,000, selling for $286,000.

An additional two American classics left the auction room with a selling price that exceeded their pre-sale estimates. Both restored to a level beyond what is normally seen makes it nearly impossible to find any others like them. The 1934 Pierce-Arrow Model 840A Convertible Sedan is a one-off example and highly respected in Pierce-Arrow circles. This 840A struts an outstanding concours-quality restoration and is a two-time Pierce-Arrow Society Best in Show winner. Offered from the Collection of Charles Gillet, this Sedan brought $330,000. The 1931 Buick Series 90 Sport Roadster was acquired in the early 1990s by one of the nation’s most dedicated Buick collectors. This Sport Roadster notably wears a national first prize CCCA badge – an indication of the car’s high state of presentation and sold for $222,750.

Worthy of mention is the beautifully restored 1948 Diamond T 201 Pickup. Known by enthusiasts as “the Cadillac of Trucks”, this example was offered from 26 years of single ownership and brought the crowd to an applause as it hammered at a remarkable $176,000 – well over its presale estimate.

Top 10 sales:

Lot 279    1931 Duesenberg Model J Roadster “Green Hornet”  $1,650,000.00 
Lot 278    1935 Auburn Eight Supercharged Speedster$891,000.00 
Lot 277    1930 Packard 745 Deluxe Eight Roadster$407,000.00 
Lot 266    1934 Pierce-Arrow Model 840A Convertible Sedan$330,000.00 
Lot 248    1909 Peerless Model 19 Touring$286,000.00 
Lot 155    1931 Cadillac V-16 Sport Phaeton$242,000.00 
Lot 280    1931 Buick Series 90 Sport Roadster$222,750.00 
Lot 157    1970 Mercedes-Benz 280 SE 3.5 Cabriolet$198,000.00 
Lot 177    1904 Winton 20hp Rear-Entrance Tonneau$198,000.00 
Lot 165    1936 Pierce-Arrow Twelve Town Car Prototype$187,000.00 

About the author

Jason Miller

Enterprise software guy, Land Rover collector, and real estate investor.

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