Cord 812 is the top draw at Glenmoor Gathering auction

| 2 Oct 2012

The best result at Classic Motorcar Auctions' $1.7 million Grande Salon sale during the Glenmoor Gathering in Ohio was a restored 1937 Cord 812 Supercharged Phaeton, which sold for $150,000 on the hammer ($162k all in).

Close behind in the third running of the annual sale – in which 51% of lots found new homes – was the 1912 Ford Model T prototype six-cylinder Speedster that once belonged to Edsel Ford. It sold for $145,800. 

A 1986 Ferrari Testarossa rounded out the top three with a final sale price of $65,380.

A memorabilia auction raised nearly $200k of the total, including $40,250 for a 1931 Stutz DV-32 dual overhead cam in-line eight with ancillaries and transmission.

"This year's Grande Salon Auction was the most successful event in company history, with a large crowd interested in the five different estates we offered and the many no-reserve vehicles crossing the auction block," said Bob Lichty, president of Classic Motorcar Auctions.

"In addition to onsite buyers, we had an increase in the number of phone and internet bidders because the quality of the memorabilia was so strong. The William AC Pettit III Collection had some very special memorabilia items that interested collectors."  

Click here for the full results.