Earlier this week we ran a story on the 2014 RM Hershey, Pennsylvania Auction which included two significant Chris-Craft wooden speedboats to be offered among the 160 collector cars and automobilia related items, scheduled to cross the block on Thursday & Friday. (If you missed it, you can see that story, along with the detailed descriptions of the boats by Clicking Here)
We now have the results of the auction with a few “screenshot” photos from the RM Auctions Live Stream. The two Chris-Craft boats were presented for auction by our friends from Antique Boat Center and Freedom Boat Service, and we would like to take this opportunity to tip our Woody Boater caps to them and their clients for making the effort to offer these beautiful boats at one of the nations premier collector car events, presented by RM Auctions.
Creating a presence like this goes a long way to help promote the hobby by getting these boats in front of hundreds of people who may not be currently aware of, or be involved in the classic boating hobby. The RM Hershey Auction was also featured on Fox Business Channel. Nice work everyone!
Antique Boat Center presented Lot 264 – a 1941 Chris-Craft 27′ Model 115 Custom “Runaway Jane” – Auction estimate: $225,000 – $275,000
Hull no. 27061 – 300 bhp, 502 cu. in. Mercury Mercruiser V-8 engine. Length: 27 ft.
From the live streaming, the bidding for “Runaway Jane” was brisk and deliberate, starting at around 100,000.00 and immediately climbed in 10K increments to over 200K, finally reaching 235,000.00 (plus auction fees) when the hammer fell.
Dave Bortner from Freedom Boat Service was at Hershey again this year with Lot 150 – a 1930 Chris-Craft 26′ Model 111 Runabout “Muse” – Auction estimate: $220,000 – $260,000
Hull no. 10072 – 250 bhp, 824 cu. in. Chris-Craft A-120 V-8 engine. Length: 26 ft.
“Muse” crossed the block on Thursday evening with a number of bidders involved, and the bidding quickly made it up to 190,000.00 – but didn’t appear to make reserve, so no sale. However we did hear from Dave Bortner on Friday and he was hoping to advance the sale over the weekend.
The annual Hershey auction is definitely unique and different than other collector car auctions for a number of reasons, including the geographical location and history of the event, and also because it runs in conjunction with the huge, week-long AACA (Antique Automobile Club of America) Eastern Fall Meet. All this is reflected in the wide range of lots that are offered at RM Hershey.
Like this fully restored 1860 Abbott-Downing Stagecoach, with a pre-auction estimate of $225,000 – $325,000.
Over the last few years we have seen a number of wooden boats offered and sold at collector car auctions – in Florida, Pennsylvania, California, Arizona and even in Monaco. Most of the successful auctions have been when the boats are offered in limited numbers, with a high sell rate.
So the question for our viewers today is;
Would you consider buying a classic boat at a collector car auction?
As always, we appreciate your opinion, so fire away!