Heroshot

1934 Packard Twelve

1107 Phaeton
Worldwide Scottsdale 2021
Saturday, 23 January 2021
$571,500
Sale Price
Yes
Reserve
23 January 2021
Sold Date
48
Lot Number
#1
Older restoration
Worldwide
Auction House
Engine no. 901636. Green with tan cloth top over green leather. 446/160hp V-12, 3-speed, dual windscreens, dual spotlights, trunk, single Pilot-Ray, chrome wire wheels, wide whitewalls, dual enclosed sidemounts with mirrors, radio, full weather equipment. Vehicle # 731 11.

Evaluation: Spectacular older CCCA Premier and Pebble Beach class-winning concours restoration by Fran Roxas that has benefited from the most assiduous and careful maintenance and infrequent use. Recently freshened by Stone Barn. Excellent paint, chrome, interior and top. Lightly stretched upholstery and outstanding interior trim. The engine compartment is bright and clean with trifling evidence of use. An awesome automobile represented to have only 20,710 miles from new. One of five built with this coachwork.

Bottom Line: As it should have, this magnificent V12 Packard attracted abundant attention here. It had been offered by RM at the NY Auto Salon and Auction in 2002 where it was bid to $275,000 and showed exactly the same 20,710 miles as it does today (casting some doubt on the “actual miles” representation). It took 15 bids to reach the reserve at $460,000, then another 10 to finally change hands, a fully deserved exceptional price for an historic car.

by Rick Carey
5 February 2021
Hagerty
Valuation Tools

See how much your car is worth.

Get current values, historical values, model history and more.

Comments

  • Deborah J Henry says:

    I just completed a valuation request for my 1934 Packard Club Sedan, but it didn’t ask other model which is Packard Twelve Club Sedan. The Twelve cylinder makes a difference in the value

Leave a Reply

Your email address will not be published.

More on this topic

Hagerty Insider Newsletter

Your weekly dose of auction reports, market analysis, and more.

Thank You!
Your request will be handled as soon as possible
Hagerty Insider Newsletter
Your weekly dose of auction reports, market analysis, and more.
Share
Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.