Reply To: Upcoming Sotheby’s Auction for 1936 Pierce Arrow

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The car sold for $44,000. A ’36 Packard with a questionable but serviceable interior and original underneath that might be nice to be seen in at the grocery store, sold for $16,000. My wallet is happy that I wasn’t aware of this sale before the car sold. A large number of cars went home with new owners, but their old owners had their crying towels out. A comely Kaiser Darrin was expected to do upwards to $200,000. It sold for $125,000. The buyers of the Pierce paid a fair price and the sellers will not need grief counseling in this hard to call market. There are so many lucrative places to park your investment money instead of paying storage on a collector car, like stashing it under your matress for the rainy day heading our way.