Media Release


ECCENTRIC AUTOMOBILE COLLECTION OF J.C. STEVENS SCORES EXCEPTIONAL RESULTS

The J.C. Stevens Estate Auction

1937 Horch 853 Cabriolet A, 1 of only 7 ever built was the top seller bringing in $299,000 June 24, 2006 at the J.C. Stevens Estate Auction in Cortland, New York

BLENHEIM, Ontario, Canada- (June 28, 2006) – Amid the sunny and humid temperatures at the J.C. Stevens’ automobile auction were 1,500 classic car enthusiasts waiting to raise their hands to bid on an eclectic collection of automotive history.

The star of the auction was the well preserved 1937 Horch 853 Cabriolet A in exceptional original condition, selling for $299,000. This is the first time the Horch has changed hands since the 1950’s when J.C. Stevens acquired the automobile for his collection. This is a rare find as there were only 7 ever produced.

With over 80 automobiles, 3 airplanes, memorabilia and auto parts the sale exceeded expectations as many of the items and vehicles were sold for more than their estimated value.

A 1947 Republic “SeaBee” seaplane originally estimated between $2,000 - $4,000 sold for an astonishing $26,450 to an aircraft enthusiast. Other exciting automobile highlights include: · 1931 Cadillac V-16 Seven Passenger Sedan estimated between $40,000 - $60,00 left the auction block for $82,800. · 1939 Buick Century Convertible estimated at only $15,000- $25,000 sold for an amazing $46,000. · 1959 Cadillac Series 62 DeVille Convertible estimated value $25,000 - $35,000 was bought for $39, 675.

Difficult to find, an assortment of NOS (new old stock) automobile parts, primarily Studebaker and GM accessories were a hit with classic car restorers searching high and low for authentic pieces. The valuable NOS items included, lenses and lights, filters, fenders, sheet metal and other desirable parts. “These items add value to a classic car and are coveted by restoration enthusiasts for their originality,” said Terry Lobzun, a spokesperson from RM Auctions Inc.

The J.C. Stevens estate auction unveiled many “diamonds in the rough” during the one day event with sales reaching $1.1 million. Spectators and bidders were left in awe when they saw the extent of the collection James Cowance Stevens had been accumulating over the years, including a wide selection of classic automobiles, airplanes, memorabilia and auto parts.

Celebrating more than 26 years in the collector car industry, RM Auctions Inc. and its sister companies are responsible for acquiring, restoring and selling of the world’s rarest and most expensive vintage automobiles including Best of Show winning cars at the prestigious Meadow Brook and Pebble Beach Concours. For additional information on RM Auctions Inc., and this event please contact Terrance D. Lobzun at: (800) 211-4371 tlobzun@rmauctions.com or visit the corporate web site at www.rmauctions.com.

Alexander Weaver

aweaver@rmsothebys.com

+1 864 313 6844
California, United States

Alexander Weaver joined RM Sotheby’s in 2011 as a Car Specialist after graduating from Furman University in South Carolina. Born... read more

Augustin Sabatié-Garat

asabatie-garat@rmsothebys.com

+44 (0) 74 1511 4179
United Kingdom

Augustin Sabatié-Garat joined RM Europe in 2012 as a Car Specialist after more than a decade in the collector car hobby. Gradua... read more

Barney Ruprecht

bruprecht@rmsothebys.com

+1 203 912 7168
Ontario, Canada

Barney’s interest in classic cars began at an early age after being introduced to his father’s all-original 1965 Porsche 911. Barney l... read more

David Swig

dswig@rmsothebys.com

+1 415 302 2247
California, United States

David Swig joined RM Sotheby’s West Coast division as a Car Specialist in May 2015. David is a life-long automobile enthusi... read more

Don Rose

drose@rmsothebys.com

+1 617 513 0388
United States

Don joined RM in 2006 after several years of professionally trading sports and classic cars, and after earning a reputation as a noted... read more

Donnie Gould

dgould@rmsothebys.com

+1 954 566 2209
Florida, United States

Donnie Gould joined the RM team in 2002 as a partner and Car Specialist after more than two decades in the vintage automobile auction ... read more

Gord Duff

gduff@rmsothebys.com

+1 519 352 4575
Ontario, Canada

Gord Duff began his journey with RM Sotheby’s in 1998. Since then, he has gained an intimate knowledge of a variety of marques a... read more

Jake Auerbach

jauerbach@rmsothebys.com

+1 310 559 4575
California, United States

Jake Auerbach got his start in the automotive industry at an early age, spending his summers during high school working at a classic c... read more

Kurt Forry

kforry@rmsothebys.com

+1 717 623 1638
California, United States

Having worked for Bonhams’ Automobilia department for over 10 years, Kurt Forry joined RM Sotheby’s with more than a decad... read more

Matt Malamut

mmalamut@rmsothebys.com

+1 805 231 6410
California, United States

A long-time car enthusiast and Southern California native, Matt studied Automotive Technology at San Diego Miramar College and complet... read more

Michael Squire

msquire@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Michael Squire joined RM Sotheby’s European Division in the summer of 2016. He comes to RM with a prestigious racing background ... read more

Mike Fairbairn

mfairbairn@rmsothebys.com

+1 519 352 4575
Ontario, Canada

As one of the three founding partners of RM Sotheby’s, Mike has a long-standing interest in the classic car industry. Graduating... read more

Oliver Camelin

ocamelin@rmsothebys.com

+44 (0) 75 0110 7447
United Kingdom

With an extensive background in exotic sports car history and sales, a particular passion for American curves, and fluency in three la... read more

Paul Darvill

pdarvill@rmsothebys.com

+44 (0) 20 7851 7070
United Kingdom

Paul Darvill joined the RM Sotheby’s European team at the beginning of 2015. Paul holds a degree in French and Politics from the... read more

Pete Fisher

pfisher@rmsothebys.com

+1 519 784 9300
Ontario, Canada

Pete Fisher was first introduced to antique cars in high school, working for Classic Coachworks in his hometown of Blenheim, Ontario. ... read more

Shelby Myers

smyers@rmsothebys.com

+1 310 559 4575
California, United States

Shelby Myers grew up with the classic car industry infused into every aspect of his life. He had the unique opportunity to watch the R... read more

Tonnie Van der Velden

tvandervelden@rmsothebys.com

+31 653 84 19 60
United Kingdom

Tonnie Van der Velden joined RM Sotheby’s European division in September 2015 as a Car Specialist. A lifelong enthusiast, Tonnie... read more