Evaluation: Represented as the original chassis, engine, firewall, Dietrich body tags and coachwork. A high quality restoration completed in the early 1980s and carefully maintained since. Some paint cracks at stress points and lifts in fender lip creases. Good interior, chrome and interior wood. One of two known to survive, with a long provenance of informed classic Packard owners. A great car but its show days are in the past although its present condition is a testament to how well it was done by Steve Gunder over 40 years ago.
Bottom Line: This Packard was sold by Christie’s at Pebble Beach in 1991 for $418,000, then by RM at Meadow Brook in 2003 for $506,000 and two years later at Amelia for $638,000. The odometer showed 7027 miles in 2005. Today it is 7374, just 347 more and while the restoration is definitely aging it is doing so slowly and with unusual style. It turns out to be more valuable today than it has been in years, a good example of how style, rarity, and quality never go out of style.
