Today We Are At The RM Amelia Island Auction In Northeastern Florida – With Edward II
Today we are attending the big RM Amelia Island Auction at the Ritz-Carlton resort, just north of Jacksonville, Florida. The RM Auction is held in conjunction with the popular Amelia Island Concours d”Elegance which is now in it’s 18th year. This year they celebrate the 50th anniversary of the Porsche 911 and Ford GT40, and also the cars of Harry Miller.
The list of collectible cars at this year’s auction is spectacular, and among the cars is also “Edward II” – a beautiful and rare 1930 30′ Hacker-Craft Triple Cockpit Runabout presented by Dave Bortner and his crew from Freedom Boat Service from Minnesota. Dave Bortner said that since they arrived earlier this week, there has been lots of interest in the big Hacker Triple, and we also noticed a steady stream of spectators today during the pre-auction display at the Ritz-Carlton.
1930 Hacker-Craft 30′ Triple Cockpit Runabout
Auction Estimate – $225,000 – $300,000
250 hp, Sterling Petrel, six-cylinder engine. Length: 30 ft.
•One of the most coveted boats in the 1930s
•Bought new by actor Edward Everett Horton, owner for 40 years
•“Hacker-Craft: America’s Fastest Speed Boats,” as advertised
In case you missed the earlier story we did on “Edward II” you can Click Here to see the full story here on Woody Boater
The RM Amelia Island Auction begins at 11:00 AM on Saturday morning and is expected to run approximately 5 to 6 hours. As “Edward II” is Lot 188 of 192, it is estimated to cross the auction block later in the afternoon. But thanks to wonder of technology and the Internet, we will post the results of the auction immediately after the big 30′ Hacker crosses the block, right from inside the bidding area.
Of all the interesting collector cars at the auction, today we noticed two completely different collector cars that are being featured at the RM Auction – both have some interesting history, so we thought it would be fun to share them with you today… Hey it’s Saturday!
1948 Tucker 48
Auction Estimate – $1,500,000 – $1,900,000
166 bhp, 335 cu. in. OHV horizontally-opposed six-cylinder engine, four-speed pre-selector transmission, four-wheel independent suspension, and four-wheel hydraulic drum brakes. Wheelbase: 130 in.
•An American legend
•One of 51 built
•The third Tucker pilot-production car
•Formerly owned by Bill Pettit and film legend George Lucas
•Extensively and authentically restored, with notable attention to drivability
Road & Track magazine founder John R. Bond once said, “A little knowledge about cars can be dangerous.” Preston Thomas Tucker was an industry veteran with a lot of knowledge about cars, and he used that knowledge to dream bigger than just about anyone else in the U.S. automobile industry after World War II. The reasons why he did not succeed remain controversial, but success is not only measured in dollars and production numbers. It is measured in lasting memories, and for many, the Tucker 48 remains a rolling symbol of the American dream, as well as one of the most advanced, early post-war automobiles.
Tucker’s concept for his car was revolutionary. He intended to use a Ben Parsons-designed rear-mounted engine, with all-independent Torsilastic rubber-sprung suspension and a disc brake at every wheel. Drive was to be by twin torque converters, one at each rear wheel. The body design was penned by former Auburn Automobile Company designer Alex Tremulis, and it incorporated numerous safety features that Tucker promoted, including a windshield that would pop out in an accident, a wide space under the dash-pad into where front seat passengers could duck before a collision, and a center-mounted third headlight that would turn with the front wheels.
Early in the production cycle, the Tucker saw some of those dreams evaporate. The safety features survived, but the Parsons 589 engine and direct torque converter drive proved impractical. Tucker purchased Air Cooled Motors, a New York manufacturer of small aircraft engines, and reworked their product for water-cooling. He installed it in his car, along with a four-speed transaxle borrowed from the Cord 810 and 812.
Eventually, 51 examples of the Tucker 48 were assembled, and of those were the original “Tin Goose” prototype and 50 pilot-production cars. Public acclaim and desire for the new design was at a fever pitch. Unfortunately, it was all for naught. The Tucker Corporation came under the scrutiny of the U.S. Securities and Exchange Commission. The wheels of government ground slowly, and by the time Tucker and his executives were eventually declared “not guilty” in early-1950, the public had lost faith and Tucker had lost his factory. The car once nicknamed the “Torpedo” had been, effectively, torpedoed. – RM Auctions
1952 Ferrari 225 Sport Berlinetta ‘Tuboscocca’ by Vignale
Auction Estimate – $1,000,000 – $1,400,000
210 bhp, 2,715 cc SOHC V-12 engine with triple Weber 36 DCF downdraft carburetors, five-speed manual gearbox, independent double wishbones with a transverse leaf spring front suspension, rigid axle with semi-elliptic leaf spring rear suspension, and hydraulic drum brakes. Wheelbase: 88.6 in.
•One of six 225S competition berlinettas
•Second in Class, 8th place overall at the 1953 12 Hours of Sebring
•Overall winner at the 1955 Cuban Sports Car Grand Prix
•Understood to be one of two berlinettas constructed on the famed “Tuboscocca’ chassis
•Offered from 38 continuous years of recent ownership
•Fresh mechanical and cosmetic refurbishment
•Superb entry for top historic races and rally events
The lifeblood of Ferrari, particularly in the early years, was competition. It is a widely held belief that the creation of road-going versions of the competition sports cars existed almost solely to support Il Commendatore’s racing effort. In many instances, engineering advances developed for battle can be traced directly to the road cars, such as the pioneering, weight-balancing use of the transaxle from the 275 series GTs.
Ferrari’s competition teeth were cut along with their continuous progress of the small-displacement V-12 engineered by Gioachino Colombo, the first of which was deployed in 1947 as the 125S. At 1500 cubic centimeters, the power produced was considered extraordinary for its day and size, and it quickly cemented Ferrari’s reputation for technical sophistication. A progression of yet larger engines was developed based on this original design, with many types attaining impressive racing victories, notably the 166MM and the 212 Export. – RM Auctions
You can see the entire collection at this years auction in this beautiful RM Auctions digital catalog by Clicking Here.
Looks like Tyson and I win. Paul is in Florida safe and sound.
Don’t count your chickens yet! Several of us bet on a return trip failure.
Ya,but we should have t-shirts in hand before Paul leaves.
Does that mean to stay away from him as it has yet to happen?
Texx don’t they have anything smaller you could squeeze into that trailer of yours.
Please post shots of some of the cars as the day progresses. (Please also post shots of sunshine, green grass, flowers, and other signs of life.)
That original GT40 is such an animal! Question. Is the Mark II’s Galaxie-derived 7 litre the same engine as the Chris-Craft Ford 427? I know that 427 was a huge Nascar success.
There’s an awesome short video clip of the motor’s sound on Youtube. Search “GT40 MKII 7 litre”
Alex – I think the two engines were different, the racing 427 was purpose engineered, but I am not totally certain. From a practical standpoint, I can’t think of two more disparate applications – LeMans racer, Shelby Coba power plant, drag race engine or a low-rpm torque monster built to plow boats through the water? Texx probably knows the answer.
Alex – As requested, here’s a shot of a car, flowers, green grass, etc. A very cool car.
Lot 138 – 1947 Delahaye 135 MS Coupe by Langenthal
Auction Estimates $325,000 – $400,000
Texx, you are in the presence of greatness for sure. Impossibly beautiful cars. Never seen one in person. But have seen photos of them. Here’s another. How does one rip ones eyes away from staring?
Texx, why don’t you buy the hacker?Would make a great addition to your collection!
I should add I would guess it will go under the low estimate.
The RM Auction area is absolutely “jam packed” with registered bidders and media only in attendance here. Standing room only right now – It’s crazy busy and the pricing is strong.
The 1948 Tucker is now on the block…
Bids reached 1,475,000 but didn’t make reserve. Crowd groans…
Earlier the 1952 Ferrari 225 Sport Berlinetta ‘Tuboscocca’ Lot – 147 (featured on this story above) sold at auction for 1.125M. A spectacular car…
The atmosphere here at the auction is electric, and when cars sell the crowd applauds and cheers… It fun to be here today. Stay tuned for more updates.
It’s funny – right now a 1933 Stutz DV Convertible is on the block. The bidding was at 950K and the auctioneer says “Do we have Million?” The crowd goes silent and then a man says in a quiet, almost sheepish voice “One Million” and crowd goes nuts. It just sold for 1.375M! Auction estimate was 600K to 800K.
Lot 171 a 1963 Porsche 356B 1600 Super 90 Cabriolet is on the block. Auction estimate is 110K to 150K. Just hammered for 130K. Very nice car.
A Race prepped 1966 Shelby Mustang GT350 Lot 175 is on the block. These cars normally attract good numbers, and this car looked nice when we looked at it yesterday. Lets see.
Auction estimate is between 120K – 160K…
Just hammered for 140K
The next car is super rare and the auction estimate is between 1.25M – 1.75M
It’s a 1954 Pegaso Z-120 Series II Cariolet. Lot 176.
Bidding reached 700K and stopped dead.
One of my personal favorites of this auction is Lot 180 – A stunning 1971 Maserati Ghibli 4.9 SS Coupe. This car is just amazing to see in person, with its red color and unique Italian styling from the early 70’s. Capable of 170 MPH in 1971 with it’s dry sump V-8.
Auction Estimate is 130K – 160K (not including traveling mechanic…which may be required)
Bidding quickly reaches 130K in 5K increments… Hammers for 137,500.00!
The 1954 Packard Caribbean Convertible that we featured in the original Edward II Hacker-Craft story back in February is now on the block – Lot 184.
These rare Packards are gaining in popularity and pulling down good numbers recently. This one is estimated to sell between 90K – 110K.
The crowd is paying attention as the price creeps up to 95K… And that’s what she sold for.
People are wise to get rid of excess cash. There’s underlying (and underreported) real-world inflation, with more around the corner. (“Don’t bet against the Fed,” right?) And with fixed income rates so low, people are trying to put money to work wherever they can — including in all sorts of collectibles. It’ll be interesting to determine — somehow, someway — whether that includes classic boats, tho the big Hacker at Amelia is obviously too small of a sample, and far above the market in which most of us own.
Lets see, I have $48.77 here. Is there anything down there in my price range?
Maybe a latte, by the sounds of this high-end event.
Edward II is now sold and off to her new home next week.
See Live-ish story on Woody Boater.
Yes – A family pack of Little Debbie’s is on it’s way to upstate New York via USPS. Watch your mail box…
I thought the 1967 Ferrari 330 GTC was particularly well bought at only $450,000. I seriously would give body parts to own that car.
A real bargain compared to the 275 GTB that sold for $1,250,000.
The 275 GTB was magnificent in every way. I had a nice visit with the owner who has owned it for 38 years. He was sad to let it go but said it was time. The car was extremely original with only a repaint in 2004. In the 38 years he owned the Ferrari he put around 36,000 miles on it. The owner took the time to show me the car from front to rear and explain all the history, etc which I appreciated.
It was great to see that the car sold for 1.25 M which was within the upper end of auction estimate of 1.0 M – 1.3 M.
…and a steal compared to one of Munch’s “The Scream” paintings, which sold for $120,000,000 last September.
At that event, Paul, I hear Juan Valdez was the barista.
Here’s a shot of the stunning 1971 Maserati Ghibli 4.9 SS Coupe that took my breath away today. Sold for 137,500.00.