RM Open Road Fall 2020 - less than half of the cars sold (online)
Summary
It was RM/Sotheby's last classic auction of the 2020 coronavirus year and it was held exclusively online. What was Hershey in other years was now simply a "fall auction". On offer were 77 motorized vehicles, including a motorcycle. The average age of the vehicles on offer was 54 years old and clearly American-dominated, with the typical European super classics largely absent. 47 percent of the vehicles were sold, on average for USD 109,500. On average, the highest bids amounted to 79 percent of the median estimate per lot. One Austin-Healey was a surprise. This auction report analyzes the results and shows the vehicles in pictures.
This article contains the following chapters
- American-influenced offer
- Austin-Healey as a high-flyer
- Some bargains
- Less than half sold
Estimated reading time: 3min
Preview (beginning of the article)
Usually in the fall, classic car enthusiasts and especially fans of pre-war vehicles gather in Hershey. RM/Sotheby's then typically organizes an auction on the occasion of this event. In the Corona year 2020, of course, everything was different and so Hershey had to be canceled. And instead of a "normal" auction, enthusiasts and buyers had to make do with an online-only auction, which was simply called "Open Road Fall 2020". Bidding was open from November 11 to 20, 2020. Well over half of the 77 vehicles (including one motorcycle) came from American manufacturers such as Buick, Cadillac, Chevrolet, Dodge, Duesenberg, Kissel, LaSalle, Muntz, Mercury, Packard, Pierce, Plymouth, REO and Studebaker. On average, the vehicles were 53.5 years old and valued at USD 126,808. 19 percent were offered without a reserve price.
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