Sam Pack Five Star Collection sale totals $11.5 million

Sam Pack Five Star Collection sale totals $11.5 million

With a 1967 Shelby 427 Cobra leading the way at $1,292,500, the RM and Auctions America sale generated more than $11.5 million.

Sam Pack poses with 1967 Shelby 427 Cobra that sold for $1.29 million |Andrew Olson photo for RM/Auctions America

Sam Pack poses with ’67 Shelby 427 Cobra that sold for $1.29 million |Andrew Olson for RM/Auctions America

With a 1967 Shelby 427 Cobra leading the way at $1,292,500, the RM and Auctions America sale of the Sam Pack Five Star classic car collection generated more than $11.5 million at an auction staged over the weekend at Dallas.

Pack, a Ford executive turned Ford (and other automotive brands) megadealer, has spent more than a decade assembling his collection of some 500 vehicles, predominantly Fords. The auction included more than 130 of his cars, all sold with no reserve.

In addition to the 427 Cobra, a 1963 Shelby 289 Cobra sold for $880,000 (prices include buyer’s premium) and a 2006 Ford GT with only 13 miles on its odometer that brought $418,000, continuing the strong recent showing of the late-model Ford supercars at auction.

A 1931 Chrysler CG Imperial roadster sold for $351,000. Also topping a quarter-million dollars were a 1969 Shelby GT500 convertible Mustang at $280,500 and a 600-horsepower 1939 Lincoln Zephyr custom coupe at $253,000. An F-Code 1957 Ford Thunderbird brought $247,500.

A 2006 Chevrolet Monte Carlo SS, raced during the 2006 and 2007 NASCAR seasons by Jeff Gordon, brought $165,000. The 2005 Ford Sport Trac Adrenalin concept car, unveiled at the 2005 New York Auto Show, tripled its pre-auction estimate by selling for more than $173,000.

The $126,500 that bought a 1970 Ford Mustang Boss 302 benefited Holy Angels, a residential and training campus in Shreveport, Louisiana, for individuals with intellectual and development disabilities. A portion of the auction admission fees also went to Holy Angels.

“We were incredibly honored to have been entrusted by Mr. Pack to handle this sale, and thrilled to continue our strong track record in Texas,” Ian Kelleher, managing director of RM Auctions’ and Auctions America’s West Coast Division, said in a post-auction news release.

“The results reflect not only a great group of motor cars, but an appreciation for the passion of a true gentleman and collector. Mr. Pack’s unwavering commitment to quality was industry-known and wonderfully represented by the offering this weekend. As an owner, he instilled confidence in many of the first-time bidders and veteran collectors in attendance, who were more than happy to take home a car of excellent presentation and condition. All in all, it was a fantastic sale with plenty of spirited bidding and numerous lots exceeding expectations.”

The auction concluded RM’s 2014 sales calendar. Auctions America has one event left, its BidAnywhere sale “virtual live” auction held entirely via the Internet on November 21.

 

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