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By Larry Edsall
Back to ClassicCars.com Community

World's oldest running car sells for $4.62 million at RM
By Larry Edsall

Larry Edsall at ClassicCars.com RM's autumn auction at the Antique Automobile Club of America's annual fall meet at Hershey, Pennsylvania did more than $10 million in sales, and nearly half of that total was accounted for by the winning bid on a single vehicle.

But what a vehicle!
In our last posting, we featured the 1894 De Dion Bouton El Trepardoux Dos-A-Dos Steam car, the oldest still-running car in the world.

The opening bid was half-a-million dollars and the second bid doubled that amount. The gavel finally fell at $4.2 million, or a final sales price of $4.62 million with commission.

"We were honored to have been entrusted with the sale of this most important motor car from the renowned collection of the late Mr. John O'Quinn," said Rob Myers, chairman and founder of RM Auctions. "The world's leading automotive collectors recognized the incredibly rare opportunity the sale represented, as was reflected in the spirited bidding and impressive result."

Although the car is some 117 years old, the new owner is only the fifth.

Other top sales at Hershey were $253,000 for a 1912 Mercedes 28/50 PS town car; $203,500 for a 1938 Lincoln Model K convertible Victoria; $181,500 for a 1935 Packard Twelve coupe roadster; and $165,000 for a 1930 Cord L-29 boattail speedster.

Auctions American by RM does $2.79 at Carlisle
The RM Auction at Hershey was the second in Pennsylvania in a matter of weeks. Auctions America, the RM subsidiary, posted $2.79 million in its inaugural Fall Carlisle sale, where 58 percent of 273 cars sold.

Top sale at Carlisle was $99,000 for a 1959 DeSoto Firedome convertible. A 2001 BMW Z8 roadster brought $90,200. Other top sales included a 1959 Chevrolet Corvette convertible for $63,800, a 1998 Bentley Brooklands for $46,750, and a 1957 Chevrolet Bel Air for $46,200.

Stutz, Hispano-Suiza pace Fairfield concours
A 1929 Stutz M-8 won best in show for domestic marques while a 1926 Hispano-Suiza H6B took honors among vehicles of foreign origin at the eighth annual Fairfield County concours d'elegance at Westport, Connecticut.

Also on view were Formula One racecars, Chrysler Hemi-powered vehicles, CCCA Grand Classic 100 Point Winners, Porsche, Jaguar E-type, Woodies, Barn Finds, and Preservation Vehicles.

An E-type search brought the lowest serial number, 006, a 1961 Roadster owned by James Strickland, and the longest single-owned E-type, a 1963 Coupe owned by Avron Coleman.

Larry Edsall at ClassicCars.com Petersen honors Phil Hill
The late Phil Hill -- the only American-born Formula One champion, the first American to win the 24 Hour of Le Mans, automotive historian and classic car restorer will be honored by the Petersen automotive Museum with tribute night November 10 and an exhibit -- Phil Hill: The Life of a Legend -- which runs from September 3-November 26.

California racers reunion
The annual California Racers Reunion, a celebration of drivers, car owners and fans of post-war oval track racing on the West Coast, has outgrown Parnelli Jones' museum and is being moved to the Riverside International Automobile Museum this October 22.

Click here for event calendar.

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