Published: August 24, 2015
OWLS HEAD, MAINE — On Saturday, August 22, the Owls Head Transportation Museum conducted its 38th annual New England Auto Auction. Of 187 vehicles included in the sale, the museum sold 150 vehicles on the block, for a sell-through rate of just over 80 percent. Total sales on auction day were $2,863,850, including the buyers premium sale. The auction represents a record-setting sale for the museum; with both the gross sales and rate of sale representing the highest overall numbers the auc-tion has ever realized.
The star performers of the day 22 included a four-speed 1968 Mercury Cougar XR-7 GT-E produced with a factory-equipped 428 Cobra Jet Ram Air engine, one of just three produced, that achieved $228,800. The rarity and provenance of this vehicle attracted significant advance media attention from publications including Hemmings Motor News, as well as from the large international community of Cougar collectors.
Other star performers of the day included a 1968 Shelby GT 500 going out at $137,500 a 1933 Pierce-Arrow 1242 seven-passenger sedan for $115,500 and a 1948 Packard Eight station sedan at $90,750.
For more information, www.owlshead.org or 207-594-4418.
5 Church Hill Road / Newtown, CT 06470
Mon - Fri / 8:00 am - 5:01 pm