Model T Ford auction results Hershey, 2013

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Model T Ford Forum: Forum 2013: Model T Ford auction results Hershey, 2013
Top of pagePrevious messageNext messageBottom of page Link to this message  By roy palmer on Wednesday, October 16, 2013 - 10:32 am:

Model T Ford auction results Hershey, 2013.

i dont think these prices include the buyers premium which could add another 20 percent


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Lot 101
1911 Ford Model T Runabout
To be auctioned on Thursday, October 10, 2013
Sold for $38,500


1912 Ford Model T Pie Wagon
To be auctioned on Thursday, October 10, 2013
Sold for $44,000

1911 Ford Model T Open Runabout
To be auctioned on Thursday, October 10, 2013
Sold for $49,500

Lot 210
1912 Ford Model T Speedster
To be auctioned on Friday, October 11, 2013
Sold for $37,400

Lot 140
1915 Ford Model T Coupelet
To be auctioned on Thursday, October 10, 2013
High Bid of $52,500

Engine no. 942738



see photos here

http://www.rmauctions.com/results/result.cfm?SaleCode=HF13


Top of pagePrevious messageNext messageBottom of page Link to this message  By Bob McDonald-Federal Way, Wa. on Wednesday, October 16, 2013 - 11:17 am:

With these prices I know that there not any of the T HOBBIEST that I know.

Bob


Top of pagePrevious messageNext messageBottom of page Link to this message  By Charlie B actually in Toms River N.J. on Wednesday, October 16, 2013 - 11:21 am:

Brother there was a lot of loose cash floating around there. Almost all the prices look inflated. The T prices are off the wall. Makes you wonder who was bidding and why but there were some very happy sellers there to be sure.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Philip Berg on Wednesday, October 16, 2013 - 11:24 am:

So Coupelet's were actually blue with black fenders? I can tell you mine came from Henry's garage all black. Looks like it has a starter also.

My Coupelet came with plate on the firewall also but it does not have a number stamped on it does that mean it's a replacement or someone at the factory forgot to stamp it?

I thought the port windows were a 1916 feature not 1915.


Top of pagePrevious messageNext messageBottom of page Link to this message  By roy palmer on Wednesday, October 16, 2013 - 11:41 am:

THis one too..

1926 Ford Model T Depot Hack
To be auctioned on Friday, October 11, 2013
Sold for $24,200

Engine no. 11477656

Yes, looks like most of them are not "correct". Ruckstells, red paint on wrong year, etc..

Still I dont know why nor will I ever understand why there seems to be a great irony that T owners seem to mock high prices being paid for the very cars they collect and own. Wouldnt that be like a person who bought a stock low and it has risen to a much higher value mocking the increased value of the stock they own and go further by mocking those who now buy the stock at the current increased value?

I must be missing something here because I would think these sort of prices should be encouraging.
And unless you are putting your cars together with string and coat hangers or are very talented , it costs a good deal of money to do a good restoration. So why would anyone who owns a T characterize good prices being paid for the very cars they collect as "off the wall"?

I dont get it. And if there are some who are mocking because some of these cars are not exactly correct, that should make those who strive to make their cars correct encouraged that their investment is sound in that a correct car should bring even more money..

I just feel that this attitude towards the prices realized by Model Ts being essentially dissed by the very group who should be the most happy about it, is very confusing and seems to make little sense..


Top of pagePrevious messageNext messageBottom of page Link to this message  By Roger Karlsson, southern Sweden on Wednesday, October 16, 2013 - 11:49 am:

Philip, the auctioned car has engine #942738, dating it to october 1915, that's a 1916 according to Ford. The previous owner may have decided to describe it as a '15 to be able to join HCCA tours.. You're right about the number on the patent plate, car numbers weren't stamped or recorded after early 1915, I think. Had it been stamped, it would have been significantly lower than the engine number since Ford had sold quite a few complete numbered engines as spares since T production started in 1908.

Other than black colors on post 1914 closed cars has been up to discussion several times here - there are a couple of Ford documents from 1917 and 1919 discussing blue and green paint as if it was used recently on closed cars that indicates there might be something to it: http://www.mtfca.com/encyclo/1914H.htm


Top of pagePrevious messageNext messageBottom of page Link to this message  By Derek Kiefer - Mantorville, MN on Wednesday, October 16, 2013 - 11:58 am:

High prices tells me that there is still demand for these cars. It's encouraging to me that there's still enough people with an interest in the hobby to create that demand.

As much as I'd like to buy a fleet of perfect early brass cars for cheap, I'd rather have what I have now and still have a bunch of other people to enjoy the hobby with.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Erik Johnson on Wednesday, October 16, 2013 - 12:05 pm:

The coupelet in the auction has a motor number of 942738 which is October 1915 which was three months into the 1916 model year.

There is evidence that some 1915 coupelets had dark blue bodies.

There was an article written in Antique Automobile in the early 1960s regarding a 1915 coupelet. When it was purchased by a collector from the original family, it was a low mileage, unrestored car with dark blue paint. Subsequently and unfortunately, the collector had the car restored.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Seth from NC on Wednesday, October 16, 2013 - 12:08 pm:

I suspect the board is probably about right with their reaction. I think a lot of these cars go for a higher price at auction as opposed to a simple private sale. I doubt any of them would fetch the same price if sold anywhere other than an auction. Maybe it's just a confluence of events - having some folks there who were looking to spend big $$$ (especially in terms Model T's) and having some cars that people really wanted for whatever reason. Personally, I bet all of the T's sold would have a hard time finding a home any other way (or place) even if you knocked $10K to $15K off of the price.

Granted, if the hobby really is getting more popular and demand is going up, then great. My speedster might be worth SOMEthing. It does seem like these prices are rather comically high especially for cars that aren't either extremely correct (and thus over-restored) or extremely original. But, this is all just my opinion.

I mean, $37,400 for a mostly '12 speedster with a '22 engine? It's a nice car with a nice paint job and expensive white tires and brass head lamps, but I'd normally say any seller looking for more than $25K or so is just delusional, and anything over $20K should be considered gravy. Which matches my $10K-$15K "auction inflation" that I think happened. LOL, the folks at the St. Louis Museum with that black speedster with purple pinstriping (looking for $49K) on eBay will be mad they didn't take that car to this auction, it's only been sitting on eBay for MONTHS at that price.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Charlie B actually in Toms River N.J. on Wednesday, October 16, 2013 - 12:08 pm:

I didn't think I was mocking the prices exactly but when you put the prices with the fact that the cars aren't year correct I go back to my original statement: whose buying at these prices? Honestly part of the reason I even got into T's was the affordability. Around here at least I can find a T at less cost then a VW Bug. I've had a number of Bug's way back when but I can't touch them now. $5000/6000 for rotted out junk. I'm amazed. The last T I bought here was at the upper end of the price range I mentioned and I didn't have to do a damn thing to it except flip the title. (23' Touring).


Top of pagePrevious messageNext messageBottom of page Link to this message  By Hal Davis-SE Georgia on Wednesday, October 16, 2013 - 12:24 pm:

Perhaps the high prices are due to rich AACA members who see it as a donation to the club more so than buying a car.

I don't care for T prices going up because I don't have all the T's I want yet. If I were going to sell off some T's, then it would be a good thing. But I only have two. Neither are for sale and may never be. I would like to have at least one more, so high prices are a negative to me.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Richard Eagle Ida Fls on Wednesday, October 16, 2013 - 12:56 pm:

If you look at results from previous years you will see high prices for T's including $308,00 in 2012 for a 1909 touring, $81,400 in 2010 for a 1909 Landaulet etc. Those didn't seem to change the day to day values of our cars. Maybe it influenced some e-bay asking prices. I don't think it has made my rusty coupe worth $20,000 yet though.

The asking prices in ads in the AACA magazine seem to be higher than that of Hemmings, MTFCA and HCCA. I'm not sure why that is either.

Rich


Top of pagePrevious messageNext messageBottom of page Link to this message  By Richard Eagle Ida Fls on Wednesday, October 16, 2013 - 01:13 pm:

The above was kr 308,000 lot 125 AALHOLM auction. I guess I don't know how that translates to dollars. Bet it's a lot though.
But $68,200 $55,000 and $49,000 for '09's were listed.
Rich


Top of pagePrevious messageNext messageBottom of page Link to this message  By Bob Coiro on Wednesday, October 16, 2013 - 01:27 pm:

Well, that's the way it is with auctions. Their competitive nature pretty much guarantees a buyer will pay absolute top dollar.

There's the electricity of a tightly-packed crowd of collector-car enthusiasts; the yelling, the cheering, and the auctioneer's exhorters on the floor, waving their arms and urging individual "high-rollers' to bid just one more time. The whole thing is designed to force buyers into split-second decisions to exceed their own predetermined price limits, which they might not do if allowed a just a few more seconds to think about it. Auctions are definitely a seller's game.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Roger Karlsson, southern Sweden on Wednesday, October 16, 2013 - 01:37 pm:

Rich, the DKK 308,000 for the Aalholm '09 was about USD $52,000 in 2012.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Michael Deichmann, Blistrup, Denmark on Wednesday, October 16, 2013 - 01:50 pm:

The prices at the Aalholm auction was considered very high by the natives.


Top of pagePrevious messageNext messageBottom of page Link to this message  By john kuehn on Wednesday, October 16, 2013 - 03:10 pm:

I'm not sure the folks who bought these T's are the guys who you'll see digging through piles of rusty parts on trailers at Chickasha. Maybe some are.

I still believe that T's (most of them anyway) are working guys antique cars. The black era cars are still the cheapest to buy and build.

These prices reflect prestige buyers which have big bank rolls. There is room in the Model T hobby for everyone.

I'm glad its still that way.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Mike Walker, NW AR on Wednesday, October 16, 2013 - 05:55 pm:

Well -- I guess I know where to take my Coupelet if I ever want to sell it (assuming I get it finished someday, which may be a stretch). :-)

Philip -- As Roger and Erik said, that Coupelet is a 1916 model, built in late October of '15. The engine number and porthole windows in the top identify it as a '16.

And as Erik said, there is some evidence that '15 Coupelets were available in dark blue, as well as all-black. And there is some evidence that '16-18 Coupelets were available in dark green or black. There are surviving examples of all of those colored cars. The one just sold wouldn't have been blue originally. Nor would it have come with an electric starter or Buffalo wheels, or a colored hood. (Picky, picky, picky.)

Does anyone know who was the builder, or who now owns it? Apparently it didn't sell at the auction.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Steve Jelf, Parkerfield KS on Wednesday, October 16, 2013 - 06:00 pm:

There are auctions, and there are auctions. I saw a nice restored Model A sell for six grand last year. At other auctions, better attended by Model A guys, it would have gone for a lot more. Certain auctions, like RM and BJ, are widely advertised, and draw the high rollers, so the prices are high. Others get little publicity outside of their local areas, and there are good opportunities to score.


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