Posted on 11/16/21

Auction Wednesday: Vintage cars of the NY Tycoons go up for auction

Auction Wednesday: Vintage cars of the NY Tycoons go up for auction

It can be hard to keep up with the number of hot cars being auctioned every day. Although you might see articles about celebrities' classic cars going up for auction, you may not know the truth unless you are an avid vintage vehicle enthusiast. Move Car Auto Transport is here to help. Every Wednesday, we'll be sharing the most recent and greatest cars that are up for auction or just recently sold.

What do Henry Evans, John Jacob Astor IV, and J.P Morgan Jr. have in common? Except for the fact they were all wealthy men, all three antique cars from their collection will be sold at the second annual Dragone classic motorcars auction. This year, the auction will include 65 antique cars. That's an increase from last year's 47. Three of those cars belonged only to Morgan, Astor, and Evans who were all part of New York City’s high society almost a century ago.

Renault Town Car 1910 3 Liter

The unrestored Renault 3-liter Renault Towncar, John Jacob Astor IV is perhaps the most fascinating vehicle at the auction. Although his name might not be well-known, most people know that Astor was the richest man in the world at the time he drowned on the RMS Titanic in April 1912. Apart from the fact that the car belonged to the richest man of the time, the vehicle is also unique in that almost all its original features are preserved. The vehicle's wheel is located on the right-hand side, making it even more unusual. Manny Dragone is the president and chief executive at Dragone Classic Motorcars. He estimates that this vehicle will go for between $120,000 and $150,000.

1927 Rolls-Royce P1 Piccadilly Roadster

The second car is a 1927 Rolls-Royce P1 Piccadilly Roadster. It was purchased by J.P. Morgan Jr., a banker and philanthropist. This vehicle was bought in 1929, just before the Great Depression and market crashes. Morgan, despite the fact that most Americans were struggling to feed their families at the time, was able to afford two bodies to drive the car: a roadster body in the summer and a sedan body in the winter. Although there were two bodies available, only the roadster was able to survive. Dragone anticipates that this car will sell for between $250,000 and $350,000.

1934 Continental Touring Berline

Henry Evans, a New York-based insurance executive, owned the last vehicle. The car in the auction was actually bought by Henry Evans' socialite wife, who had a large estate. This 1934 Continental Touring Berline was purchased by her. The car is extremely sought-after, as it is one of only 35 supercharged models that we have ever built. This car will be available for purchase at a price of $1.5 million to $2 million. You will be able to recall some top tips for buying a classic car.