Re: Gosford Motor Museum Closure - Packards Auction Results

Posted by Brian Wilson On 2019/4/7 6:18:21
Well, the Gosford Museum auction has been and gone. There were some rather odd diversions in proceedings. Makes you wonder about the transparency of the process.

Most bidding was online. I wonder how many of the bidders had seen the cars up close before bidding. There was only a small crowd in attendance at the auction. Most seemed to be there for the spectacle.

Some prices fetched by other marques seemed well over the top. One wonders if these were genuine sales.

The 1930 Packard 740 Roadster went for about A$285K (including buyers premium). Top money for a car with a non-original body style, but maybe that's less of a concern outside Australia.

The 1939 1708 V12 limo went for about A$90K. Quite expensive considering the amount of work needed and non-original data plate.

The 1955 400 went for around A$45K. Probably about right, given its extensive restoration.

Bidding was anonymous, so no idea whether anybody in the Packard fraternity bought any of these.

Despite this being described as a liquidation sale nothing sold very cheaply. It was not really a liquidation sale because there are probably at least twice as many cars still stored in sheds etc around the museum. No news of how/when these are to be sold.

Cheers

Brian

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