Lot #459.3 - One of the most expensive and sought-after American cars of all time is the 1933 Packard convertible. With only 50 Series 1005 Custom 12 convertible coupes ever produced, the few that survived in decent condition are now estimated by Forbes magazine to be worth well over $1,000,000 each. Far too much to be used on a frequent basis. A faithful re-creation of the original '33 Packard, this car was painstakingly constructed to be an as close to the original as possible, but with more current mechanicals. I bought this car from a museum in Georgia and as the story goes, a wealthy businessman in the area, loved this model Packard and commissioned two of them to be built to the exact scale of the originals regardless of cost. One for him (a red one) and one for his wife (a blue one). Just after they were completed and delivered, the wife passed away unexpectedly and the grief stricken husband couldn't bear to drive either of them thereafter. Both cars were kept stored in his garage until he too passed away some years later and his heirs then sold the cars at an estate sale, which is how the museum acquired this one. We don't know what he paid to have them built, but comparing this car to the few surviving originals left, it's very difficult to tell which is which. This car was obviously built by someone who took great pride in their work, to be able to reproduce such a magnificent car so closely, that it's like looking into a mirror when the pictures are put side by side. As result of all this effort and dedication, you can now drive a near identical re-creation of this historic automobile with all the modern conveniences like a Cadillac 429 V8 drive train, stereo system, air conditioning, as well as updated gauges, in a style that is exclusively Packard. Here's a car to remember.
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