Leake’s Tulsa auction does $11.7 million in sales

1937 Cord sold to benefit ELK Charity Challenge | Leake Auction Co. photos
1937 Cord sold to benefit ELK Charity Challenge | Leake Auction Co. photos

With a record-number of vehicles crossing the block, the Leake Auction Company posted $11.7 million in sales at its recent Tulsa, Oklahoma, auction. Of the 688 vehicles crossing the block, a strong 74 percent were sold, including 150 from the Chicago-based Klairmont Kollection.

“The strength of the collector car market is evident based on the results of our auction,” Nancy Leake Sevenoaks, daughter of Leake founder Jim Leake, said in a news release.

“One thousand bidders competed for a diverse collection of cars,” she added. 
“From barn finds to private museum collections, our bidders had a great and a diverse selection to choose from at this sale.”

In addition to the sales, a highlight of the event was the posthumous presentation of the James C. Leake Award to Margaret Dunning, the 104-year-old grand dame of American car collectors who died just days before the auction after falling while taking part in the ELK Charity Challenge rally and driving tour in California.

1988 Santarsiero Atlantis roadster sold for $80,000
1988 Santarsiero Atlantis roadster sold for $80,000

Speaking of the ELK Charity Challenge, a 1937 Cord 812 Phaeton sold for $77,000 (before buyer’s fee) for the challenge’s charity efforts.

Another Cord, the acclaimed “lost Cord” formerly owned by Glenn Pray and briefly by Jim Leake, sold for $104,500 (including buyer’s fee).

The top sales of the event were a Hemi-powered 1970 Dodge Challenge R/T and a 1959 Mercedes-Benz 190SL, each of which brought $165,000 (including the buyer’s premium).

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The top-10 sales were:

  1. 1970 Dodge Challenger R/T for $165,000
  2. 1959 Mercedes-Benz 190 SL for $165,000
  3. 2012 Mercedes-Benz SLS AMG for $160,050
  4. 1966 Shelby GT350H for $133,100
  5. 2009 Freightliner M2 106 for $130,350
  6. 1969 Pontiac GTO for $121,000
  7. 1962 Ferrari Reproduction for $110,000
  8. 2015 Chevrolet Corvette for $110,000
  9. 1937 Cord 812 Supercharged for $104,500
  10. 2012 Aston Martin Virage for $101,75

(All prices include buyer’s premium.)

Leake’s next sale is November 20-22 at Market Hall in Dallas.

Cars await their turn across the block
Cars await their turn across the block
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A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.