Howard Hughes Lincoln Sold for $1M

{img1 alig=left}This year’s Leake Car Show & Auction in Tulsa ended with a milestone in the event’s history. Of all the cars that were sold, a 1936 Lincoln Boat Tail Speedster once owned by Howard Hughes sold for $1 million, which made it the largest single sale ever at the Tulsa auction.

Howard Hughes used the vehicle first as his personal limo, but he later redesigned and restructured it, transforming the car into a Boat Tail Speedster.

"This was a very unique vehicle, and it was a privilege to auction it in Tulsa,"
stated Richard Sevenoaks, president of Leake Auction Company. "Howard Hughes was a very complex man and this car is a reflection of its unique creator."

Other top selling cars included a 1936 Lincoln Model K Brunn Cabriolet at $187,500, a 1931 Cadillac V-16 Convertible Sedan at $185,000, a 1953 Buick Skylark at $165,00 and a 1932 Packard 903 Super 8 Coupe Roadster at $160,000.

A 1937 Lincoln Series K that was used as a presidential limo during the Truman and Franklin Roosevelt presidencies sold for $105,000. However, the SC2000 from 2 Fast 2 Furious did not sell, the bidding stopping at $37,000.

"Our Tulsa show was outstanding, and it exceeded our expectations,"
Sevenoaks continued. "The auction kicked off on Friday with a large crowd and vigorous bidding. The excitement continued to build throughout the weekend, resulting in record attendance and enthusiastic bidders. This shows that the collector car market is still strong. Nationally, many car auctions have seen a decrease in sales. Industry wide, our Tulsa auction was one of the strongest in the nation for 2009."

The 2009 Leake Car Show & Auction brought together approximately 100,000 people, with more than 600 bidders registered. The overall bids reached a total of $22 million, for 60% of the 750 cars auctioned.
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