'48 Sedan sets new world auction record for Tucker at RM Monterey

Hammers down for $1,127,500 at RM Auctions
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Photo by Darin Schnabel © 2010, courtesy RM Auctions

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RM Auctions continued its successful sales run in Monterey Friday night as a rare 1948 Tucker 48 Sedan (pictured), selling for $1,127,500, set a new world record for a Tucker. An important 1964 Shelby Cobra USRRC Roadster also attracted spirited bidding to break the magic million-dollar mark.

Unofficial Top Five Sales from Friday, August 13:
Lot 255: 1964 Shelby Cobra USRRC Roadster - $1,595,000
Lot 246: 1948 Tucker 48 Sedan - $1,127,500, nearly double its pre-sale estimate
Lot 260: 1979 Ferrari 512 BB/LM Competition Berlinetta - $880,000
Lot 238: 2003 Ferrari Enzo - $830,500
Lot 241: 1967 Shelby 427 Cobra - $715,000

In addition, a 2008 Porsche 911 Carrera S Coupe sold for $110,000, with proceeds benefiting the Double H Ranch, a non-profit organization based in New York State that provides specialized programs and year-round support for children and their families dealing with life-threatening illnesses. www.doublehranch.org.

RM continued its long-standing support of the Rotary Club of Monterey, with part proceeds from the sale of a $5,000 automotive artwork going to the organization, supplementing RM’s annual donation.

Top Five Sales from Thursday, August 12:

Photo by Darin Schnabel © 2010, courtesy RM Auctions

Lot 140: 1962 Lincoln Continental “Bubbletop” Kennedy Limousine (pictured) - $429,000
Lot 138: 1933 Lincoln KB Custom Dietrich - $385,000
Lot 135: 1957 Ford Thunderbird #98 Factory Racing Car “The Battlebird” - $280,500
Lot 113: 1965 Shelby GT350 - $247,500
Lot 102: 2006 Ford GT - $148,500

A total of 18 modern concepts auctioned on behalf of the Ford Motor Company raised close to $1 million for charity, split between the Juvenile Diabetes Research Foundation and The Children’s Center based in Michigan.

RM’s ‘Sports & Classics of Monterey’ auction concludes today at the Portola Hotel & Spa and Monterey Conference Center in Monterey. In total, some 225 automobiles will cross the auction podium across the three days as part of the most significant auction offering ever presented on the Monterey Peninsula.

(All figures are reported in U.S. dollars and include the 10 percent buyer’s premium). The auction is streaming live online at www.rmauctions.com, providing real-time coverage of the event.

For a complete list of auction offerings, please visit www.rmauctions.com/monterey or call 1-734-660-0015.

Complete official results for RM’s Sports & Classics of Monterey will be posted online at www.rmauctions.com early next week.

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